IR Releases - Archive

October 3, 2001

First day of trading of the Deutsche Bank share on the New York Stock Exchange


Starting today, the share of Deutsche Bank will be traded on the New York Stock Exchange (NYSE) with the symbol "DB". Dr. Rolf-E. Breuer, Spokesman of the Board of Managing Directors of Deutsche Bank, opened trading on the floor of the New York Stock Exchange with the first transaction. Deutsche Bank is keeping to its schedule for the listing in New York after the terrible events of September 11, not the least, to demonstrate its solidarity with the financial center where it is active as one of the world's leading investment banks.

With its listing on the New York Stock Exchange, Deutsche Bank now has direct access to the largest and most liquid capital market in the world. This should win over new investors for the Deutsche Bank share. Additionally, the bank's range of strategic courses of action will also increase. The shares may now be used both to finance future acquisitions in the United States and for the financial basis of cooperations and partnerships. Deutsche Bank also expects that, because of the listing, there will be an increase in recognition of its brand name in the U.S.A.

The selection of Global Registered Shares for the U.S. exchange launch is a consequence of the strategy of the consistent globalization of the Group. These shares can be traded 24 hours a day around the world in one standard capital market form on all of the important exchanges. They certify the same, direct ownership rights for all shareholders worldwide. Moreover, Global Shares are significantly more attractive to investors because, besides the clearly more favorable transaction costs, dividends and options are received in full amounts without delays. More and more institutional investors in the U.S.A. want to have the original shares for these reasons without having to leave their home capital market, the U.S.

Deutsche Bank also wants to increase investor interest in its share among its U.S. staff: The new global share listed on the NYSE makes it possible for staff members there to participate in the staff share program of Deutsche Bank – something that was not possible until now.

Fleet Meehan Specialist, Inc. were selected to act as market maker for the Deutsche Bank stock.




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