Exhibit (e)

Auditor’s Consent

We hereby consent to the incorporation by reference in the Registration Statement Nos. 333-141868 and 333-141868-01 of KfW and KfW International Finance Inc. (filed under Schedule B) of our report dated March 8, 2007 relating to the financial statements of KfW, which appears in this Form 18-K for the year ended December 31, 2006.

May 16, 2007

		PricewaterhouseCoopers
		Aktiengesellschaft
		Wirtschaftsprüfungsgesellschaft
By:	/s/ Theobald	By:	/s/ Flick
	Theobald		ppa. Flick
	Wirtschaftsprüfer		Wirtschaftsprüfer
	(German Public Auditor)		(German Public Auditor)