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    Dresdner Kleinwort Group Limited (DKGL)                    

                 (Originally Kleinwort, Benson, Lonsdale plc)                  

           Primary Capital Undated Floating Rate Notes (`the Notes')           

                    28th June, 1985, ISIN GB0004955547, and                    

                 Series Two, 29th May, 1986, ISIN GB0004955760                 

Sale of principal subsidiaries

Notice is hereby given that DKGL has today, 11th June 2007, sold its entire
interests in its two principal subsidiary companies, Dresdner Kleinwort Limited
(DKL) and Dresdner Kleinwort Securities Limited (DKSL). Dresdner Bank AG
(DBAG), a 100% intermediate parent company of DKGL, has purchased 100% of DKL
and 80% of DKSL while Zenon Beteiligungs-GmbH (100% owned by DBAG) has
purchased 20% of DKSL.

No less able to meet liabilities

There is no expectation that DKGL will be any less able to meet its liabilities
under the Notes than at present.

No negative impact in respect of the profits

The sales of DKL and DKSL have been made at a market value based on the future
profit projections of the entities, as confirmed by the auditors of DKGL, DKL
and DKSL. The net assets of DKGL are unaffected by the sale of DKL and DKSL as
the current values of DKL and DKSL in the books and accounts of DKGL are the
same as the sale values.

 

Continued earnings

DKGL continues to generate profits from transactions booked both directly in
DKGL and in its leasing and other subsidiaries.

Further information for Noteholders, please contact:

Rupert Staveley-Taylor

Dresdner Kleinwort

30 Gresham Street

London EC2P 7PG

Tel: 44 20 7475 8802

email, Rupert.staveley-taylor@dkib.com

Media enquiries: Louise Beeson, Dresdner Kleinwort, 44 20 7475 7560



END

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