February 15, 2005

Deutsche Bank further strengthens U.S. Health Care Investment Banking

Ananth Bhogaraju and Pete Meyers to join as Managing DirectorsDeutsche Bank Securities Inc. today announced that Ananth Bhogaraju and Pete Meyers will join as Managing Directors in the Health Care Investment Banking practice. Bhogaraju will be Head of Health Care Services Banking, based in Chicago, and Meyers will be Co-Head of Life Sciences Banking with Michael Cohen, based in New York. Both will report to Lee Stettner, Head of Health Care Investment Banking in the Americas.

Bhogaraju will be joining the firm from Credit Suisse First Boston where he is a Managing Director in the Health Care Investment Banking group, leading coverage for numerous health care services, pharmaceutical services and medical technology companies. During his eight years at Credit Suisse First Boston he executed a broad array of strategic capital markets and M&A advisory transactions for leading health care firms. Prior to that, Bhogaraju worked at Salomon Brothers in Health Care Investment Banking.
Meyers will join the Bank after six years with Credit Suisse First Boston, where he is a Managing Director in Health Care Investment Banking specializing in biotechnology and pharmaceutical coverage. He has also been a member of the Investment Banking Committee. Prior to that, he worked at Dillon Read, specializing in health care mergers and acquisitions.

"The health care sector is a dynamic and rapidly evolving field," said Stettner. "Adding career health care bankers like Ananth and Pete, who have breadth of product experience as well as deep sector knowledge, will ensure we are able to provide superior capital-raising and advisory services to our clients in the sector."

"The depth of experience and sector expertise that Ananth and Pete bring will complement our current team and will be extremely valuable as we grow and expand our investment banking practice in the diverse U.S. health care industry," said Jim DeNaut, Co-Head of Corporate Finance Coverage in the Americas.

"This builds upon the strategic investments we have made in our U.S. industry coverage investment banking teams," said Jacques Brand, Co-Head of Corporate Finance Coverage in the Americas.

Ananth Bhogaraju has a BA from the Northwestern University and an MBA from the University of Chicago Graduate School of Business. Pete Meyers earned a BS degree from Boston College and an MBA from Columbia Business School.


For further information, please call:

Deutsche Bank

Ted Meyer   
Press and Media Relations

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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.