OVERVIEW The 'AAA' ratings on the covered bonds issued under the DekaBank Deutsche Girozentrale covered bond program remain unchanged following our most recent review of the program. The collateral for this program comprises, among others, debt exposures to various financial institutions, sovereigns, and local and regional governments. LONDON (Standard&Poor's) Sept. 21, 2009--Standard&Poor's Ratings Services said today following its review of the DekaBank Deutsche Girozentrale covered bond program, the 'AAA' ratings on the covered bonds issued by DekaBank remain unchanged. Our regular review of the ratings on these covered bonds (Pfandbriefe) is part of our covered bond rating process. The ratings assigned to DekaBank's public sector covered bonds reflect our level of comfort in the German covered
