Post-stabilisation notice

June 15, 2015

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

The Federal Republic of Germany

0.10 % € 2,500,000,000 inflation-linked Federal Bonds due 15th April 2046

Stabilisation Notice

Commerzbank AG (contact: [Hermann Behrends; telephone: +49 69 136 21668) hereby gives notice that no stabilisation (in accordance with Commission Regulation (EC) No. 2273/2003) was undertaken by the Stabilising Managers in relation to the offer of the following securities.

Issuer: The Federal Republic of Germany
Guarantor (if any): n/a
ISIN: DE0001030575
Aggregate nominal amount: € 2,500,000,000
Description: 0.10 % inflation-linked Bonds due 15th April 2046, listing Frankfurt, denomination € 0.01, payment date 16th June 2015
Coordinating Stabilisation Manager:

Stabilisation Managers :
Commerzbank AG

 Crédit Agricole CIB
Goldman Sachs International
HSBC
Société Générale CIB

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not for distribution, directly or indirectly, in or into the United States or any other jurisdiction in which such distribution would be unlawful.

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