New York / Mexico City, March 15, 2006

Deutsche Bank completes acquisition of 49% stake in Fincasa Hipotecaria from Ixe Grupo Financiero


Deutsche Bank today announced it has completed its acquisition of a 49% interest in Fincasa Hipotecaria, a Mexican mortgage originator active in the low income social housing market in Mexico ("Sofol"), from Ixe Grupo Financiero.

"This transaction gives Deutsche Bank an important footprint in the Mexican mortgage origination market," said Richard d'Albert, Co-Head of Global Securitized Products. "This is a key step toward further expanding our regional securitization effort and confirms our commitment to grow in emerging markets."

Financial terms were not disclosed.


For further information, please call:

Rohini Pragasam 001-212-250-4516
Media Relations

Michele Allison 001-212-250-4864
Media Relations


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