November 22, 2005

Deutsche Bank reduces DaimlerChrysler stake

Deutsche Bank today announced that it increased the number of shares being placed in DaimlerChrysler AG from 20 million to 25 million. The increased number of 25 million shares being placed is equivalent to approximately 2.5% of the share capital of the DaimlerChrysler AG. The shares are offered in a range of € 42.80 - € 43.20 per share. The selling shareholder is DB Equity S.à r.l., a fully owned Deutsche Bank AG group company.

Important Notice
Not for release or distribution, directly or indirectly, in or into the United States, Canada, Japan or Australia. The material set forth herein is for information purposes only and is not an offer to sell, or the solicitation of an offer to buy, any securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. In particular, it is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The offer and sale of the securities has not been, and will not be, registered under the United States Securities Act of 1933, as amended. The securities may not be offered or sold in the United States absent such registration other than pursuant to an applicable exemption from registration. There will be no public offering of the securities in the United States.
In the United Kingdom, this press release is directed only at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Financial Promotion Order"), (ii) persons falling within any of the categories of persons described in Article 49 of the Financial Promotion Order and (iii) any other persons to whom it may otherwise lawfully be made.  Persons of any other description should not act upon this document.
Deutsche Bank AG London, which is authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and by the Financial Services Authority (FSA); regulated by the FSA for the conduct of designated investment business in the UK and a member of the London Stock Exchange, is acting for DB Equity S.à r.l. and no one else in connection with the Offer and will not be responsible to anyone other than DB Equity S.à r.l., for providing the protections afforded to customers of Deutsche Bank or for providing advice in relation to the offer.