June 14, 2006

Deutsche Bank appoints Patrick Frowein to Industrials Group

Deutsche Bank today announced it has appointed Patrick Frowein to its Industrials Group as Director and Head of European Capital Goods, effective from October 2006.  He will be based in London and will report to Ben Story, Managing Director and Head of Industrials Europe.

Frowein joins Deutsche Bank from UBS where he was employed for the last 9 years in various roles, most recently as Executive Director in UBS's Industrials team.

Frowein will be responsible for coverage of capital goods companies in Europe, the Middle East and Africa.

Ben Story, Head of Industrials, commented: "We are delighted that Patrick is further strengthening Deutsche Bank's investment banking business in Europe by joining our Industrials Group. His broad experience with capital goods companies will significantly enhance the service that we can offer our clients and adds to our tremendous momentum within this business."

For further information, please call:

Deutsche Bank

Elaine Bartleet  (44 20) 7545 4907
Press and Media Relations

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 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.