June 17, 2008

Deutsche Bank's Asset Management Division continues Expansion of Global Consultant Relations Team with two new hires

Lindsey Richardson and Makoto Hoshino join DB Advisors as Directors

Deutsche Bank’s Asset Management division today announced that Lindsey Richardson and Makoto Hoshino have joined DB Advisors as Directors in its Global Consultant Relations team. DB Advisors is Deutsche Bank’s institutional asset management business.

Based in Boston, Richardson is responsible for consulting firms in the Eastern U.S., and based in Tokyo, Makoto Hoshino is responsible for consulting firms in Japan. Richardson reports to Anne Coupe, a Director and Americas Head of Consultant Relations and Hoshino will be based in Tokyo reporting to Tony Breen, a Director and Asia-Pacific Head of Consultant Relations.

Richardson joins DB Advisors from State Street Global Advisors, where she worked as a product specialist with the global equity, international equity and hedge fund teams. Her nearly 30 years of experience in the investment industry includes serving as a Director of Marketing at Barclays Global Investors, and Director and Head of Fixed Income Asset Management at County Natwest Investment Management.

Hoshino joins the firm from Wellington International Management Company Pte Ltd. where he was a Director and Consultant Relations Manager. He has 17 years of investment industry experience including Nippon Credit Bank Ltd. where he was an equity analyst and fund manager.

"These two new hires further demonstrate our commitment to provide the institutional consultant community with relationship managers who have deep and broad investment knowledge,” said Susan Small, Global Head of Consultant Relations. “With the addition of Makoto in Japan, DB Advisors’ consultant relations team now has dedicated coverage in every major institutional market in the world.”

Richardson earned an MA and MLitt from Oxford University. Hoshino earned a BA in
Economics from Keio University.

For further information, please call:

Media Relations, Deutsche Bank
Mayura Hooper
+1 (212) 250-5536

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 78,275 employees in 76 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.


About Deutsche Asset Management

With approximately $818 billion in assets under management globally (as of 30 March 2008), Deutsche Bank’s Asset Management division is one of the world's leading investment management organizations, not just in size, but in quality and breadth of investment products, performance and client service. The Asset Management division provides a broad range of investment management products across the risk/return spectrum.