November 10, 2008

Deutsche Bank opens regional public finance trust office in California

Adds Key Staff to Head New Office

Deutsche Bank today announced the opening of a regional public finance trust office in Santa Ana, California. This is the latest step in the Bank’s continuing regional expansion of its public finance trust business and its second office in Southern California. The Santa Ana office, located at 1761 East St. Andrew Place, will focus particularly on providing local account management and administration services for public finance clients in Southern California.

“Our trust business distinguishes itself by building long-term relationships through excellent customer service, and our continued regional expansion strengthens our ability to service municipal clients,” said Howard Topf, Managing Director in the Bank’s Trust & Securities Services business.

“Deutsche Bank’s focus on providing localized traditional bond trustee and agency administration services complements the range of products the Bank already provides to debt issuers across the country,” said Steven Eason, Head of US Public Finance Trust Services. “At the same time, the municipal market benefits from access to the infrastructure and expertise of a global leader in the trust business.”

Joining the Bank to head the new Santa Ana office is Jane Snyder, a 15-year veteran of the trust business. Jane joins as Vice President responsible for client relationship management and business development. Jane was formerly with the County of Orange, California where she was responsible for administrative management of the county’s executive office for public finance. Prior to that, Jane worked in trust administration with Bank of New York Mellon.

Deutsche Bank also has regional public finance trust offices in Boston, MA; Charlotte, NC; Chicago, IL; Los Angeles, CA; New York, NY; Olive Branch, MS; San Francisco, CA; and Summit, NJ.

For further information, please call:

Deutsche Bank

John T. Gallagher
+1 212 250 4516
Press Office

About 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 81,308 employees in 75 countries, Deutsche Bank offers unparalleled financial services 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.

Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is also a leading depositary for American and Global Depositary Receipts, provides fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets.