Pre-Stabilisation Notice                            

    7th October, 2015

    Not for distribution, directly or indirectly, in or into the United States or
    any jurisdiction in which such distribution would be unlawful.

                              Deutsche Bahn Finance B.V.                           
             EUR300mil (expected) Guaranteed Floating Rate Notes due 2023          
               Issued pursuant to the Issuer's Debt Issuance Programme,            
                                dated 30 September 2015                            

                                 Stabilisation Notice                              

    Commerzbank AG (contact: Ian Turner; telephone: 44-207-475-1817) hereby
    announces that the Stabilising Manager(s) named below may stabilise the offer
    of the following securities in accordance with Commission Regulation (EC) No.
    2273/2003 implementing the Market Abuse Directive (2003/6/EC).

    The security to be stabilised:                                                
                                                                                  
    Issuer:                            Deutsche Bahn Finance B.V.                 
                                                                                  
    Guarantor (if any):                Deutsche Bahn AG                           
                                                                                  
    ISIN                               Tba                                        
                                                                                  
    Aggregate nominal amount:          EUR 300mil expected                        
                                                                                  
    Description:                       EUR 8-year Guaranteed Floating Rate Notes  
                                                                                  
    Offer price:                       n/a                                        
                                                                                  
    Other offer terms:                 Payment 13th October 2015, Listing         
                                       Luxembourg, Denoms: EUR1k+1k. Expected     
                                       Rating: Aa1 (Moody's), AA (S&P).           
                                                                                  
    Stabilisation:                                                                
                                                                                  
    Stabilising Manager(s):            Coordinating Stabilsation Manager:         
                                       Commerzbank Aktiengesellschaft             
                                                                                  
                                       Stabilising Managers:                      
                                       DZ Bank AG                                 
                                       ING Bank N.V.                              
                                       The Royal Bank of Scotland plc             
                                                                                  
    Stabilisation period commences     7th October, 2015                          
                                                                                  
    Stabilisation period expected to   No later than 30 days                      
    end on:                                                                       
                                                                                  
    Existence, maximum size and        The Stabilising Manager(s) may over-allot  
    conditions of use of               the securities to the extent permitted in  
    over-allotment facility.           accordance with applicable law.            

    In connection with the offer of the above securities, the Stabilising Manager
    (s) may over-allot the securities or effect transactions with a view to
    supporting the market price of the securities at a level higher than that which
    might otherwise prevail. However, there is no assurance that the Stabilising
    Manager(s) will take any stabilisation action and any stabilisation action, if
    begun, may be ended at any time Any stabilisation action or over-allotment
    shall be conducted in accordance with all

    applicable laws and rules.

    This announcement is for information purposes only and does not constitute an
    invitation or offer to underwrite, subscribe for or otherwise acquire or
    dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not for distribution, directly or indirectly, in or into
    the United States or any other jurisdiction in which such distribution would be
    unlawful.