Common use of SUMMARY Clause in Contracts

SUMMARY. This summary is made up of disclosure requirements known as "Elements". These elements are numbered in Sections A – E (A.1 – E.7). This summary (the "Summary") contains all the Elements required to be included in a sum- mary for this type of notes and issuer. Because some Elements are not required to be ad- dressed, there may be gaps in the numbering sequence of the Elements. Even though an Element may be required to be inserted in this Summary because of the type of notes and issuer, it is possible that no relevant information can be given regarding the El e- ment. In this case, a short description of the Element is included in this Summary with the statement "not applicable". A.1 Warnings – This Summary should be read as an introduction to the Base Prospectus of IKB Deutsche Industriebank Aktieng- esellschaft (the "Issuer" or "IKB AG" and, together with its consolidated subsidiaries and special purpose entities, "IKB" or the "IKB Group"). – Any decision to invest in the Notes should be based on consideration of the Base Prospectus as a whole by the in- vestor. – Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff in- vestor might, under the national legislation of the Member States, have to bear the costs of translating the Base Pro- spectus before the legal proceedings are initiated. – Civil liability attaches only to IKB AG which has taken re- sponsibility for this Summary, including any translation thereof, but only if this Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read to- gether with the other parts of the Base Prospectus, key in- formation in order to aid investors when considering whether to invest in the Notes.

SUMMARY. This summary is made up of disclosure requirements known as "Elements". These elements are numbered in Sections A – E (A.1 – E.7). This summary (the "Summary") contains all the Elements required to be included in a sum- mary for this type of notes and issuer. Because some Elements are not required to be ad- dressed, there may be gaps in the numbering sequence of the Elements. Even though an Element may be required to be inserted in this Summary because of the type of notes and issuer, it is possible that no relevant information can be given gi ven regarding the El e- Ele- ment. In this case, a short description of the Element is included in this Summary with the statement "not applicable". A.1 Warnings – This Summary should be read as an introduction to the Base Prospectus of IKB Deutsche Industriebank Aktieng- esellschaft (the "Issuer" or "IKB AG" and, together with its consolidated subsidiaries and special purpose entities, "IKB" or the "IKB Group"). – Any decision to invest in the Notes should be based on consideration of the Base Prospectus as a whole by the in- vestor. – Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff in- vestor might, under the national legislation of the Member States, have to bear the costs of translating the Base Pro- spectus before the legal proceedings are initiated. – Civil liability attaches only to IKB AG which has taken re- sponsibility for this Summary, including any translation thereof, but only if this Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read to- gether with the other parts of the Base Prospectus, key in- formation in order to aid investors when considering whether to invest in the Notes.

SUMMARY. This summary is made up of disclosure requirements known as "Elements". These elements are numbered in Sections A – E (A.1 – E.7). This summary (the "Summary") contains all the Elements required to be included in a sum- mary for this type of notes and issuer. Because some Elements are not required to be ad- dressed, there may be gaps in the numbering sequence of the Elements. Even though an Element may be required to be inserted in this Summary because of the type of notes and issuer, it is possible that no relevant information can be given regarding the El e- Ele- ment. In this case, a short description of the Element is included in this Summary with the statement "not applicable". A.1 Warnings – This Summary should be read as an introduction to the Base Prospectus of IKB Deutsche Industriebank Aktieng- esellschaft (the "Issuer" or "IKB AG" and, together with its consolidated subsidiaries and special purpose entities, "IKB" or the "IKB Group"). – Any decision to invest in the Notes should be based on consideration of the Base Prospectus as a whole by the in- vestor. – Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff in- vestor might, under the national legislation of the Member States, have to bear the costs of translating the Base Pro- spectus before the legal proceedings are initiated. – Civil liability attaches only to IKB AG which has taken re- sponsibility for this Summary, including any translation thereof, but only if this Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read to- gether with the other parts of the Base Prospectus, key in- formation in order to aid investors when considering whether to invest in the Notes.