June 25, 2009

Deutsche Bank appointed as successor depositary bank for the Level I 'OTC' American Depositary Receipt program of Alpha Bank A.E.

Deutsche Bank today announced its appointment as successor depositary bank for the Level I ‘OTC’ American Depositary Receipt (ADR) program of Alpha Bank A.E. (“Alpha Bank”).

Alpha Bank, founded in 1879, is one of the largest banks in Greece holding the leading position in the domestic corporate lending market. With a network of more than 1,000 branches in Greece and abroad, Alpha Bank offers a comprehensive range of financial products and services to private and corporate customers. The activity of the Alpha Bank group extends through southeastern Europe, mainly in Romania, Bulgaria, Serbia, Albania, the Former Yugoslav Republic of Macedonia, Ukraine and Cyprus. With approximately Euro 65 billion in assets and about Euro 4 billion in equity at 31 December 2008, Alpha Bank generated Euro 513 million in net income in 2008. Alpha Bank is listed on the Athens Exchange and is a constituent of the DJ Eurostoxx Index.*

Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We welcome Alpha Bank’s decision to transfer its ADR program to Deutsche Bank’s depositary receipts platform. Our broad range of customised services will be used to assist Alpha Bank to enhance the visibility of its ADR program with the United States investor community.”

*Source: Alpha Bank A.E. (June 2009)

For further information, please call:

Deutsche Bank:

John T Gallagher               
+1 212 250 4516
Press Office

Libby Young                       
+44 (0) 20 7545 6941
Press Office

About Deutsche Bank

Deutsche Bank 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 80,277 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.


Trust & Securities Services

Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, provides fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice has been approved and/or communicated by Deutsche Bank AG London. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© June 2009 Deutsche Bank AG. All rights reserved.