May 26, 2006

Deutsche Bank consolidates share listing structure

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has decided to concentrate the listing of its shares onto the stock exchange locations of Germany and New York. These locations together accounted for approximately 99% of the trading volume during 2005, and thus offer full access to liquidity for investors trading in the Deutsche Bank share. Simultaneously Deutsche Bank will simplify its Global Registered Share listing arrangements by delisting in other locations.

As a result Deutsche Bank has launched a program to terminate the listing of its shares on the stock exchanges in Amsterdam, Brussels, London, Luxembourg, Paris, Tokyo, Vienna, and Zurich. The first of these delistings has been approved by the Vienna Stock Exchange and will become effective on 30 June 2006.


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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.