Deutsche Bank
December 12, 2012

Statement by Deutsche Bank regarding the follow-up searches at Deutsche Bank

“As part of investigations which began in spring 2010 focusing on a limited number of individuals under suspicion of VAT fraud associated with the trading of carbon emission certificates, the Frankfurt Public Prosecutor’s Office conducted searches today of Deutsche Bank’s premises.

In this context, two of Deutsche Bank’s Management Board members Jürgen Fitschen and Stefan Krause are involved in the investigations as they signed the value-added tax statement for 2009. The bank corrected this a long time ago voluntarily. Unlike the Public Prosecutor’s Office, Deutsche Bank is of the opinion that this correction took place in due time.

Deutsche Bank continues to cooperate fully with the authorities.”

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