Frankfurt am Main, March 1, 2012

Deutsche Bank does not accept Out-of-Court Settlement with Kirch Group after thorough Review


The Management Board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has thoroughly reviewed a proposal for the settlement of the legal disputes initiated by Dr. Leo Kirch and his associates. Based on this review, which included the consideration of internal and external legal advice, the Board decided without dissent not to accept the settlement proposal.


For further information, please call:

Deutsche Bank AG 
Press & Media Relations

Dr. Detlev Rahmsdorf    
Phone: +49 (0) 69 910 36424  
E-mail: detlev.rahmsdorf@db.com  

Investor Relations
49 69 910 35395 (Frankfurt)
+1 212 250 1540 (New York)
db.ir@db.com



About Deutsche Bank

Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.

www.db.com
 

This release 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 revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, 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 15 March 2011 under the heading “Risk Factors.” Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.




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