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Favorable development continues in first nine months of 2007

Positive development in the first nine month of the year continues

(Berlin, December 5, 2007)   Deutsche Bahn AG continued to expand its business activities during the first nine months of the current year. This information was reported today by the Deutsche Bahn AG Management Board to the firm’s supervisory board during a regularly scheduled meeting. Revenues rose by 5.3 percent over the same year-ago figure, or by € 1.2 billion to € 23.1 billion. Following the good results posted in the previous year, the Passenger Transport division was able to expand its revenues by an additional 2 percent, or € 171 million to € 8.8 billion. Revenues were, however, depressed by the German Train Drivers’ Union (GDL) strike. The Transport and Logistics division booked a sharp 7 percent increase in revenues, which rose by € 864 million to € 13.1 billion. External revenues posted by the Group’s third division, Infrastructure and Services, surged 12.6 percent as they grew by € 126 million to € 1.1 billion. Transport performance generated by DB Group transport companies expanded by 2.4 percent, or 3.1 billion to 131 billion passenger-ton- kilometers.

The supervisory board also received the DB AG corporate plans through to the year 2012, and approved the budget for 2008, when DB AG will become eligible for the capital market. DB AG is continuing its preparations for the addition of private capital needed to finance the further expansion of the DB Group.

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