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Frankfurt am Main / London, 15. Dezember 2006

Deutsche Bank completes acquisition of Tilney Group

Diese Information ist nur in englischer Sprache verfügbar.
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it has completed its acquisition of 100% of Tilney Group Limited (“Tilney”). Closing of the sale was subject to various regulatory approvals and competition clearances which have now been received.

The acquisition significantly strengthens Deutsche Bank’s Private Wealth Management’s positioning in the UK, the second largest wealth management market in Europe. Tilney brings more than GBP 6.7 billion (Euro 10 billion) assets under management onto Deutsche Bank’s platform; it has 330 employees servicing over 15,000 clients through six offices across the UK.

This Release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations. Any statement in this Press Release that states our intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include: the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our trading revenues; potential defaults of borrowers or trading counterparties; the implementation of our Business Realignment Program; the reliability of our risk management policies, procedures and methods; and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 23 March 2006 in the section "Risk Factors." Copies of this document are readily available upon request or can be downloaded from


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