March 30, 2010

Deutsche Bank appointed depositary bank for the American Depositary Receipt program of Japan Retail Fund Investment Corporation

Deutsche Bank today announced its appointment as depositary bank for the American Depositary Receipt program of Japan Retail Fund Investment Corporation.

Japan Retail Fund Investment Corporation owns a portfolio of retail properties throughout Japan and is structured as a Japanese Real Estate Investment Trust, commonly referred to as a J-REIT.*

Akbar Poonawala, Head of Global Equity Services (GES) at Deutsche Bank, said, “We understand that this is the first J-REIT ADR program of this kind and we are pleased to offer US investors access to the company’s shares via the ADR product.”

*Source:  Japan Retail Fund Investment Corporation (March 2010)

For further information, please call:

Deutsche Bank AG                                

Scott Helfmann                                
Phone: +1 212 250 5602        

Pwai-Foon Tang                                
Phone: +65 6423 8189        

Akiko Morita                                
Phone: +81 (3)5156 7707        

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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 77,053 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, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or Nasdaq Dubai stock exchanges by means of depositary receipts. It also offers 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. Additional details are available on