February 16, 2005

Deutsche Bank bolsters Equities Sales in Boston

Technology Specialist Christopher Cormier joins from Bear StearnsDeutsche Bank today announced that Christopher Cormier has joined Equities Sales as a Director and Senior Technology Specialist. Based in Boston, he will be responsible for the further build out of technology sales and distribution of products and services to clients in the northeast. Cormier has over six years experience in the technology s ector and joins Deutsche Bank from Bear Stearns , where he was a Managing Director and Technology Specialist in Institutional Equity Sales.

"We are extremely happy that Chris is joining us , he is a welcome addition to both the technology sales effort and the Boston sales team ", said Leslie Pfrang, Managing Director and Head of Equities Technology Sales in North America. "With his hire, we have an excellent opportunity to expand our distribution capabilities in the northeast and are confident that his experience and industry know-how will help us reach our goals . Chris has a proven track record in the Boston market and great ability to work with institutional clients throughout the region."

Prior to joining Bear Stearns, Cormier was a Vice President and Technology Specialist in Institutional Equity Sales at Credit Suisse First Boston.

For further information, please call:

Deutsche Bank
Michele Agostinho
Press Office

About Deutsche Bank

With roughly Euro 840 billion in assets and approximately 65,400 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 banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and othe r selected countries in Continental Europe.