This year, Deutsche Postbank AG intends to use its improved selling potential and grow further. Chairman of the Board of Management Prof. Wulf von Schimmelmann delivered this message at the third public Annual General Meeting of Postbank in Cologne on May 10: "We successfully accomplished a Herculean task in 2006. We managed to integrate BHW and branches whilst also enhancing our business. With our new selling platform, we have established a competitive edge that we can now use to grow further."

In 2008, Postbank intends to attain a return on equity before taxes of more than 20% (2006: 18.9%) and a cost-income ratio in the traditional banking business of less than 63% (2006: 66.7%). It also intends to increase the core capital ratio to 7.5% in 2009 (2006: 5.5%).

In Retail Banking, the Bonn-based bank is keenly focusing its attention on organic growth, in particular extension of its selling power at the branches and in mobile sales. In Transaction Banking, it is preparing for the strategically important introduction of the Single Euro Payment Area (SEPA) and the associated opportunities at European level. The Bonn-based bank intends to further expand its retail banking business with new offers and services and a related sales campaign. It will be emphasizing its strong credit risk profile here.

Von Schimmelmann revealed his pleasure that a strong performance was again achieved last year. With net profit for the period of €695 million, Postbank generated the best result in its history, after €489 million in the previous year. It gained just under a million new customers, and grew in nearly all business divisions.

The Postbank share significantly outperformed the reference indices last year. With an annual performance of +30.6% (+33.1% including the dividend), it easily outstripped the DAX with 22% (including dividends) and the EURO STOXX 50 with 15%.

The Board of Management and the Supervisory Board propose to shareholders a dividend of €1.25 per share, the same amount as last year.