Common use of Principal Amount and Denomination Clause in Contracts

Principal Amount and Denomination. The issue of the • % Global Notes due • of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • notes in the principal amount of U.S.$ 1,000 each which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • % •% Global Notes due • of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • notes in the principal amount of U.S.$ 1,000 each which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • _________% Global Notes due • _________ of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • _________notes in the principal amount of U.S.$ 1,000 U.S.$1,000 each which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • ____________% Global Notes due • ____________ of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • ____________ notes in the principal amount of U.S.$ CAD 1,000 each which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • ___% Global Notes due • ____________ of KfWKreditanstalt fur Wiederaufbau, Frankfurt am Main, Federal Republic of Germany (the “"Issuer”") in the aggregate principal amount of U.S.$____________ is divided into • ____________ notes in the principal amount of U.S.$ 1,000 each which rank pari passu among themselves (the “"Notes”").

Principal Amount and Denomination. The issue of the • % Global Notes due • of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • notes in the principal amount of U.S.$ CAD 1,000 each which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • ____________ % Global Notes due • ____________ of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • ____________ notes in the principal amount of U.S.$ 1,000 each which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • % Global Notes due • of KfW, Frankfurt am Main, Federal Republic of Germany (the “Issuer”) in the aggregate principal amount of is divided into • notes in the principal amount of U.S.$ 1,000 each [INSERT DESIGNATED CURRENCY] [1,000] each, which rank pari passu among themselves (the “Notes”).

Principal Amount and Denomination. The issue of the • ___% Global Notes due • ____________ of KfWKreditanstalt fur Wiederaufbau, Frankfurt am Main, Federal Republic of Germany (the “"Issuer”") in the aggregate principal amount of U.S.$ ____________ is divided into • ____________ notes in the principal amount of U.S.$ 1,000 each which rank pari passu among themselves (the “"Notes”").