March 4, 2008

Deutsche Bank Alex. Brown names Karl Hahn as a Managing Director and Client Advisor in Boston

Deutsche Bank Alex. Brown, the U.S. Private Client Services (PCS) division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, today announced that Karl Hahn has joined the Boston office as a Managing Director and Client Advisor for PCS, reporting to Gary Domoracki, a Managing Director and Boston Regional Executive.

Hahn has over 12 years of financial services experience and joins the firm from Merrill Lynch where he was a First Vice President and Senior Financial Advisor. Previously, he worked at Prudential/Wachovia Securities where he was a Director and Investment Officer. Prior to that, he was a Senior Vice President at Smith Barney. Karl earned a BA in business administration from Gordon College.

“We are extremely pleased to have Karl on board as we continue to build on our success and expand in the region,” said Thomas Bowers, Head of the US Private Wealth Management
Division. “His experience in the industry and proven track record will be a valuable resource to our team as we strive to further penetrate the high-net-worth and ultra-high-net-worth market.”

“We continue to make great strides in expanding our PCS business,” said Michael Burke, Managing Director and Head of US Private Client Services. “We believe Karl will have an immediate impact on our franchise and provide a strong complement to our team of experienced professionals in Boston.”

For further information, please call:

Scott Helfman 212-250-5602
Deutsche Bank, 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 78,291 employees in 76 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, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.

About Deutsche Bank Alex. Brown

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, FINRA 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 U.S., including traditional and alternative investments, brokerage, investment advisory programs, risk management strategies, lending, corporate cash management and wealth management services through branch offices in 16 cities across the US.