New York, September 26, 2005

Mark Hagan to join Deutsche Bank Real Estate Investment Banking Group


Deutsche Bank Securities Inc. today announced that Mark Hagan will join the firm as a Director in Real Estate Investment Banking, which includes the real estate, gaming, lodging and leisure sectors. Hagan will be based in New York.

Hagan will join Deutsche Bank after seven years at Merrill Lynch & Co, where he was a Director in the Real Estate Investment Banking Group. Prior to that, he worked for the National Basketball Association (NBA) as Manager of Business Affairs for NBA Properties, Inc.

"Mark's impressive background includes a wide variety of M&A, equity, debt and advisory work for key clients throughout the real estate, gaming, lodging and leisure markets," said Devin Murphy, Global Head of Real Estate Investment Banking. "We believe he will complement our integrated approach to meeting our clients' strategic and financial needs around the world."

Hagan earned JD and MBA degrees from New York University and a BA degree from Duke University. He has served on the Executive Committee for the National Multi Housing Council Board of Directors and is a member of the Urban Land Institute and New York State Bar.


For further information, please call:

Ted Meyer
212-250-7253
Media Relations, Deutsche Bank


About Deutsche Bank

With Euro 964 billion in assets and 63,652 employees, Deutsche Bank <NYSE: DB> offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.

Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States.

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