Wüstenrot & Württembergische AG: Share Buyback Program

Ad-hoc-Announcement according to § 15 WpHG, 18.11.2015

The Executive Board of Wüstenrot & Württembergische AG (W&W AG) today has decided to initiate a share buyback program via the Stock exchange for the issue of employee shares pursuant to § 71 paragraph 1 no. 2 of the Stock Corporation Act (AktG).The share buyback program is subject to the approval by the Supervisory Board of the W&W AG. The amount of the buyback program will be approximately 358,000 shares. With 93,749,720 shares currently outstanding, that amounts to 0.38 percent of company share capital. W&W AG will define and announce further details regarding the share buyback program at a later date.

Stuttgart, 18 November 2015