April 21, 2005

Deutsche Bank hires Thomas K. Barber as Vice Chairman of Corporate Advisory Group

Addition Bolsters Large -Cap, Metals and Mining, and Canadian Investment Banking PracticesDeutsche Bank today announced that Thomas K. Barber will join the firm's Global Banking division as Vice Chairman of the Corporate Advisory Group in the Americas, which encompasses the firm's investment banking coverage and M&A efforts. Based in Toronto, he also will be Chairman of Deutsche Bank Securities Limited, the Bank's Canadian investment banking and securities arm.

In his new role Barber will provide strategic counsel and transaction execution to Deutsche Bank's largest corporate clients, focusing especially on the metals & mining and industrial sectors. He also will work closely with Paul Jurist, CEO of Deutsche Bank Securities Limited and Chief Country Officer for Deutsche Bank in Canada , to build upon the firm's strong investment banking presence in Canada.

Barber joins Deutsche Bank from Credit Suisse First Boston, where he has been Chairman and CEO of CSFB Canada as well as Managing Director and Head of CSFB's Global Metals and Mining Group for the past nine years. Barber previously spent 15 years at Morgan Stanley, where he was president of Morgan Stanley Canada and Managing Director and Head of the Global Mining Group.

"Tom has earned a reputation as a leading advisor to the top metals & mining and industrial companies in the Americas, and he will be a major asset to the Bank as we continue to expand our presence in those sectors," said Tom Gahan, Head of Corporate and Investment Banking in the Americas. "Tom's extensive relationships with Canada's top business leaders and in-depth knowledge of the corporate landscape will also help us build upon the tremendous momentum we have achieved in Canadian investment banking ."

Barber has an Honours B.A. (Economics) from the University of Toronto and an M.B.A from the Richard Ivey School at the University of Western Ontario.

For further information, please call:

Deutsche Bank
Ted Meyer
Media Relations

About Deutsche Bank

With Euro 840 billion in assets and 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 other selected countries in Continental Europe. Deutsche Bank Securities Limited is the investment banking and securities arm of Deutsche Bank AG in Canada.