FRANKFURT AM MAIN, 22 June 2007 - Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) today announced in the form of a compulsory notification pursuant to the German Securities Trading Act
that on 21 June 2007 the holdings of its own shares exceeded the threshold of 5 per cent and is
now 5.01 per cent.
The reason for the reporting limit being exceeded is the ongoing execution of the current share buyback program, which had been started after the last AGM. By 21 June 2007, Deutsche Bank had bought back under this program 2,848,000 shares, or 0.54 per cent of shares issued. The difference between this buyback volume and the current holding is primarily driven by the inventory before program start.
A detailed update on the progress of the current share buyback program will be provided with the release of Deutsche Bank’s 2Q2007 results on 1 August 2007.
This release also contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. 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 management agenda, 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 27 March 2007 on pages 9 through 15 under the heading "Risk Factors." Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.