97HF Commerzbk Uk Nt

        
 As Agent Bank, please be advised of the following rate determined            on: 25-Nov-2008
 Issue                             � Dresdner Kleinwort Wasserstein Group Limited
                                   USD 43,460,000.00 Primary Capital Undated FRN Due
 ISIN Number                       � GB0004955547
 Common Code / 144A ISIN           � 4955547
 Issue Nomin USD                   � 43,460,000.00
 Period                            � 28-Nov-2008 to 29-May-2009              Payment Date 29-May-2009
 Number of Days                    � 182
 Rate                              � 3.0625
 Denomination USD                  � 10,000.00             �                                    �
                                                                                                     
 Amount Payable per Denomination   � 154.83                �                                    �
                                                                                                     
 Bank of New York
 Rate Fix Desk                                             Telephone         � 44 1202 689580
 Corporate Trust Services                                  Facsimile         � 44 1202 689601
    
    
    

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