Division 1.11

[Lump-sum payment and capital increase] HSH Finanzfonds AöR and HSH will amend the contract concluded on 2 June 2009 on the provision of a guarantee framework, or supplement it with further documentation, so as to ensure that HSH Finanzfonds AöR has a claim against HSH to a lump-sum payment with a nominal value of EUR 500 million. HSH Finanzfonds AöR will further contribute the claim for such lump-sum payment to HSH by way of a contribution in kind. The amendment of the guarantee provision contract will be initiated without delay after the date of this Decision and no later two months after the date of its notification.