October 5, 2009

Brian Mulligan joins Deutsche Bank as a Vice Chairman in Media & Telecommunications Investment Banking

Deutsche Bank Securities Inc. today announced that Brian C. Mulligan has joined the firm as a Managing Director and Vice Chairman in the Media and Telecommunications Investment Banking group. Mulligan is based in Los Angeles and reports to Jacques Brand, Co-Head of Global Industry Coverage, and David Pearson, Head of Media and Telecommunications Investment Banking in the Americas.

Mulligan previously was Chairman of Brooknol Advisors, LLC, an advisory and investment firm specializing in media and entertainment. Prior to Brooknol, he was a senior executive advisor at Cerberus Capital Management. Before that he held a number of senior-level positions, including Senior Executive Advisor with The Boston Consulting Group, Chairman of Fox Television, Executive Vice President and Chief Financial Officer at Seagram / Universal Studios, Co-Chairman of Universal Pictures, Executive Vice President of Operations at Universal Entertainment and Senior Vice President of Corporate Development and Strategic Planning at MCA INC. / Universal.

"Brian has more than 25 years experience in the media industry and has held leadership positions in virtually all facets of media and entertainment,” said Brand. "He has a proven track record and a unique blend of experience that will complement our existing strengths as we continue to expand our presence in the region."

"The media and telecommunications sectors are an important focus for us and an area where we expect to see continued M&A and capital markets activity," said Pearson. "Brian's addition to our team underscores our commitment to being a leading player in these important industries and we are extremely pleased to have him join our team."

Mulligan earned a BS in Business Administration from the University of Southern California and an MBA from UCLA.

For further information, please call:

Scott Helfman               
John Gallagher               
Media Relations, Deutsche Bank

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 78,896 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.