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Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

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  Notification concerning transactions by persons discharging managerial
  responsibilities pursuant to section 15a of the WpHG, transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is responsible
  for the content of this announcement.
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Details of the person subject to the disclosure requirement:
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Person, triggering the disclosure:
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Name:               Kretschmar Research GmbH (vormals: r4i GmbH)
                    (Legal person, company or institution)
Reason for the disclosure requirement:
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Reason:             Legal person, company or institution closely associated
Relationship:       To a person performing managerial responsibilities
Person performing managerial responsibilities, triggering the disclosure
requirement:
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Position:           Member of an administrative or supervisory body

Details of the transaction:
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Transaction:
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Description of financial instrument:  no-par share
ISIN:                DE0005493365
Type of transaction: sales
Date:                24.09.2010
Currency:            Euro
Price:               8.00000
No of items:         50000
Total amount traded: 400,000.00000
Place:               off-market
Explanation:         The r4i GmbH, Berlin, has been moved and renamed. It is now
                     named Kretschmar Research GmbH, Potsdam.
Further inquiry note:
-----------------
Anne Podzielny
Group Legal
Telefon: +49(0)30 42086-1006
E-Mail:  anne.podzielny@hypoport.de
Issuer subject to the publication requirement:
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end of announcement                               euro adhoc
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Further inquiry note:

Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard

Original content of: Hypoport AG, transmitted by news aktuell

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