April 12, 2005

Deutsche Bank expands Media & Telecom Investment Banking Group

Samir Hussein joins as a DirectorDeutsche Bank Securities Inc. today announced that Samir Hussein has joined the Bank as a Director in the Media & Telecom Investment Banking Group in North America, specializing in diversified media and entertainment companies. He is based in New York and reports to Chris Johnson, Head of Media Coverage in the Americas and Co-Head of Media & Telecom Investment Banking.

Hussein previously was at Banc of America Securities where he was a Principal in the Media and Telecommunications Group. His responsibilities included identifying, analyzing and executing strategic transactions for media and telecommunications companies. Hussein's experience also includes three years at Morgan Stanley as a Vice President in the Media and Communications Investment Banking Group.

"Samir brings extensive expertise and strong relationships in the media and entertainment sector to our growing team," said Johnson. "His background in this field will be extremely valuable as we continue to expand our presence in the media and entertainment industry."

Hussein earned a JD from New York University School of Law and a BS degree in finance and a BA degree in psychology from Boston University.

Deutsche Bank has recently expanded its Media and Telecom investment banking practice. Earlier this year Drew Marcus was appointed to the Media & Telecom Investment Banking Group and was named a Vice Chairman of Global Banking in the Americas. Marcus has been at Deutsche Bank since 1992 and previously was a Managing Director and Global Head of Media Equity Research. In addition, Saverio "Sav" Flemma joined the Bank in December 2004 as a Managing Director and Head of Cable and Entertainment investment banking within the Media Investment Banking Group. Flemma was a Managing Director in the Media and Telecommunications Group at Banc of America Securities.

For further information, please call:

Ted Meyer
Media Relations, Deutsche Bank

About Deutsche Bank

With roughly Euro 840 billion in assets and approximately 65,400 employees, Deutsche Bank <NYSE: DB> 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 other selected countries in Continental Europe.

Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States. www.deutsche-bank.com