March 7, 2005

Deutsche Bank appoints Saab Dash as Vice President, Asian Fixed Income Syndicate, in Singapore

Deutsche Bank today announced the appointment of Saab Dash as Vice President of Asian Fixed Income Syndicate, to be based in Singapore. In announcing Dash's appointment, Mark Leahy, Director and Head of Asian Fixed Income Syndicate said: "Saab is an important addition to the team and brings with him considerable expertise in the area of syndicate as well as invaluable client and investor facing skills."

Mr. Dash has worked in Asia since 1999, and in that time has had both DCM coverage and capital products structuring roles. Prior to joining Deutsche Bank, Dash held a senior position in Morgan Stanley's syndicate business in Asia. Dash will take up his role effective from April and will report to Mark Leahy who is also based in Singapore.

Deutsche Bank's Asian Debt Capital Markets franchise has grown significantly over the past few years, and is a leader in US, Euro and local currencies issuance across the region. In 2004 (and year to date in 2005), Deutsche Bank was ranked no. 2 in terms of total Asian G3 debt issued (ex-Japan) according to Thomson Financial - a significant improvement on previous years. In 2003, it ended the year ranked no. 5, while in 2002 it was no.9 in G3.

For further information contact:

Jason Collins
+65 6423 8418

About Deutsche Bank:

With approximately euro 849 billion in assets and 65,700 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. 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 ranks among the global leaders in corporate and investment banking, securities, derivatives, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe. In Asia Pacific, Deutsche Bank has over 45 offices in 16 countries with more than 6,500 staff.