COREALCREDIT BANK AG

The Issuer or other institutions, all as indicated in the applicable Final Terms will act as paying
agents (the "Paying Agents"). Deutsche Bank Luxembourg SA will act as Luxembourg listing
agent (the "Luxembourg Listing Agent").
ISSUE PROCEDURES FOR NOTES IN BEARER FORM
General
The Issuer and the relevant Dealer(s) will agree on the terms and conditions applicable to each
particular Tranche of Notes (the "Conditions"). The Conditions will be constituted by the Terms
and Conditions of the Notes set forth below (the "Terms and Conditions") as completed, modified
or replaced by the provisions of the Final Terms (the "Final Terms"). The Final Terms relating to
each Tranche of Notes will specify:
� whether the Conditions are to be Long-Form Conditions or Integrated Conditions (each
as described below); and
� whether the Conditions will be in the German language or the English language or both
(and, if both, whether the German language version or the English language version is
controlling).
As to whether Long-Form Conditions or Integrated Conditions will apply, the Issuer anticipates
that:
� Long-Form Conditions will generally be used for Notes sold on a non-syndicated basis
and which are not publicly offered.
� Integrated Conditions will generally be used for Notes sold and distributed on a
syndicated basis. Integrated Conditions will generally be required where the Notes are to
be publicly offered, in whole or in part, or are to be distributed, in whole or in part, to nonprofessional
investors.
As to the controlling language of the respective Conditions, the Issuer anticipates that, in general,
subject to any stock exchange or legal requirements applicable from time to time, and unless
otherwise agreed between the Issuer and the relevant Dealer(s):
� in the case of Notes sold and distributed on a syndicated basis, German will be the
controlling language.
� in the case of Notes publicly offered, in whole or in part, in the Federal Republic of
Germany, or distributed, in whole or in part, to non-professional investors in the Federal
Republic of Germany, German will be the controlling language. If, in the event of such
public offer or distribution to non-professional investors in the Federal Republic of
Germany, however, English is chosen as the controlling language, a German language
translation of the Conditions will be available from the principal office of the Luxembourg
Listing Agent and COREALCREDIT, as specified on page 186 of this Prospectus.
Long-Form Conditions
If the Final Terms specify that Long-Form Conditions are to apply to the Notes, the provisions of
the applicable Final Terms and the Terms and Conditions, taken together, shall constitute the
Conditions. Such Conditions will be constituted as follows:
� the blanks in the provisions of the Terms and Conditions which are applicable to the Notes
will be deemed to be completed by the information contained in the Final Terms as if such
information were inserted in the blanks of such provisions;
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