June 7, 2006

Deutsche Bank Alex. Brown names Daniel Austin as Client Advisor in Houston office

Deutsche Bank Alex. Brown, the US Private Client Services (PCS) division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, announced that Daniel Austin has been appointed as Director and Client Advisor in its Houston, TX office. Austin is responsible for developing and cultivating relationships with high-net-worth individuals and target institutions in the area.  He will report to Arthur Kieval, PCS' Houston Regional Executive.

Austin has over two decades of investment, sales and banking experience working for leading investment management organizations. He joins the firm from Smith Barney/Citigroup where he was a Senior Vice President in the Houston office and previously, worked at JP Morgan Chase Securities of Texas as a Vice President.

"As we expand our presence in the market, Dan's extensive background and valuable client relationships will make him an excellent addition to our team," said Kieval. "By hiring the best regional client advisors we are committed to providing our clients with superior service and investment ideas. Dan's expertise will help build on our existing capabilities."

Austin holds a BA from the University of Texas.


For further information, please call:

Rohini Pragasam          001-212-250-4516
Media Relations

Mayura Hooper              001-212-250-5536
Media Relations


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 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 Alex. Brown is the private client services division of Deutsche Bank Securities Inc., the investment banking and securities arm of Deutsche Bank AG in the United States and a member of NYSE, NASD and SIPC.  Deutsche Bank Alex. Brown, which is also part of Deutsche Bank's Private Wealth Management business division, provides a variety of customized solutions to private clients in the US, including traditional and alternative investments, brokerage, investment advisory programs, risk management strategies, lending, corporate cash management and wealth management services through branch offices in 14 cities across the US.