New York & San Francisco, May 11, 2006

Deutsche Bank adding four to Technology Investment Banking Group


Chris Colpitts, Mark Keene, Jon Krahulik and Joaquin Rodriguez Torres to Join
Deutsche Bank Securities Inc. today announced it will add four new hires in its Technology Investment Banking group. Chris Colpitts and Mark Keene will join as Managing Directors, Jon Krahulik as a Director and Joaquin Rodriguez Torres as a Vice President. All four are joining from Lehman Brothers and will be based in Deutsche Bank's San Francisco office. In addition, Colpitts will join Mike Murray as Co-Head of Technology Investment Banking in the Americas and join Murray and Tor Braham, Head of Technology M&A in the Americas, on the Technology Investment Banking Operating Committee for the region. Braham, Colpitts and Murray will report to Jacques Brand and James DeNaut, Co-Heads of Corporate Finance Coverage in the Americas.

Colpitts has worked at Lehman Brothers for nine years, most recently as a Managing Director and Global Head of Electronics Investment Banking, overseeing the semiconductor devices, power supplies, semiconductor capital equipment and solar power sectors. Before that he worked for five years in the High Yield group at Credit Suisse First Boston.

Keene has spent his 12-year career at Lehman Brothers, most recently as a Managing Director responsible for Electronics Investment Banking in the Americas. In his new role, Keene will be Head of the Global Electronics and Semiconductor Group at Deutsche Bank.

Krahulik and Rodriguez Torres will be Senior Coverage Officers in the Global Electronics and Semiconductor Group. Krahulik was a Senior Vice President at Lehman Brothers, where he has worked for seven years in the Global Technology group covering semiconductor and semiconductor capital equipment companies. Before that he worked as an attorney for four years. Rodriguez Torres was a Vice President at Lehman Brothers in the Global Technology group, where he worked for five years. Prior to that he was CEO of Control Quimica S.A. in Buenos Aires, which markets and services analytical instruments for pharmaceutical laboratories, food, agriculture and chemical industries.

"We are extremely pleased to add such seasoned bankers to Deutsche Bank, as we expect to see continued demand for capital and growing consolidation in the technology industry globally," said Jacques Brand. "They bring us incredible experience and relationships in the electronics and semiconductor sector, which will strongly complement our existing strengths across our Technology practice."

Deutsche Bank has added more than 30 investment bankers to its Technology practice since January 2004.

For further information, please call:

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


Deutsche Bank

Deutsche Bank <NYSE: DB> is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,035 billion in assets and 64,103 employees, Deutsche Bank offers unparalleled financial services in 73 countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.

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