August 13, 2007

Alan Greeenspan to consult for Deutsche Bank Corporate and Investment Bank

Deutsche Bank today announced its retention of Dr. Alan Greenspan, former chairman of the Federal Reserve Board, as a Senior Advisor to provide ongoing advice and insight to Deutsche Bank's investment banking team and its clients by sharing his perspective and opinions on a range of issues affecting markets.

Dr. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee, said: "We at Deutsche Bank are delighted to be able to offer our investment banking clients access to Alan Greenspan's strategic insight. Dr. Greenspan's position as one of the architects of the modern financial system gives him a unique perspective from which to help our clients make critical risk management decisions."

Dr. Alan Greenspan said: "Deutsche Bank has a world-leading investment banking franchise and is a major player in wholesale financial markets. I look forward to adding my perspectives on the world economy to its own and to helping the Bank advise its clients."

For further information, please call:

Deutsche Bank Media Relations
Ted Meyer   
+1 212-250-7253
Ronald Weichert  
+49 69-910-38664

Williams & Connolly LLP
Robert Barnett  
+1 202-434-5034


About 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 75,140 employees in 75 countries, 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 Securities Inc., member NYSE, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.