March 30, 2007

Deutsche Bank appoints Tim Nicolle as Managing Director for CEEMEA Securitization

Deutsche Bank has appointed Tim Nicolle as a Managing Director, with responsibility for CEEMEA (Central and Eastern Europe, Middle East and Africa) Securitization. He will join the bank in Q2 2007, reporting jointly to Jeff Stolz, Head of the European Securitized Products Group and Sean Bates, Head of Emerging Markets Credit Trading and Structured Finance.

In this newly-created role, Nicolle will be responsible for a team working across business lines to further develop Deutsche Bank’s expertise in the CEEMEA region. He joins the bank from HVB where he was most recently Deputy Head of the European Securitization Group responsible for the Central Eastern Europe and CIS regions.

Commenting on the appointment, Sean Bates said; “Deutsche Bank is highly committed to emerging markets and already has a very successful securitization business in Latin America. We believe that a similar business in the CEEMEA region is the next important step.”

For further information, please call:

Deutsche Bank

Michelle Gathercole (44 20) 545 4249
Press and media relations

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 Euro 1,128 billion in assets and 68,849 employees in 73 countries, Deutsche Bank offers unparalleled financial services 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.