March 31, 2009

Deutsche Bank's award winning CROCI funds see 33% rise in inflows since beginning of 2009

Deutsche Bank’s award-winning Fund Solutions platform has seen over Euro 300 million of inflows into its range of CROCI (“Cash Return On Capital Invested”) equity funds for a rise of 33% since the beginning of 2009, as investors take advantage of the alpha generating potential that the CROCI funds offer.

The funds have also recently experienced a string of successes in the Lipper fund awards across Europe in recognition of innovation and performance in the funds space. The awards include the ‘Equity Group Large’ award in Austria, Germany and Luxembourg, based on the performance of Deutsche Bank's suite of equity funds over the past three years, and the ‘Equity Eurozone’ award in Switzerland and the Nordic region, based on the benchmark beating performance of the DB Platinum IV CROCI Euro fund over the past three years.

“It is always gratifying to receive public recognition for our funds,” said Manfred Schraepler, head of Fund Structuring at Deutsche Bank, “and we are very pleased with the Lipper awards, but we also know that the true measure of success in this business is sales. The 33% net inflows reveal that our equity funds have had a successful start to 2009. We believe that investors are still seeking genuine alpha generation and the inflows into our CROCI funds to date demonstrate that. We now have over EUR 1.3 billion of assets invested in equity funds using the CROCI research model.”

CROCI is a proprietary research methodology developed by Deutsche Bank and used since 1996 which, through a series of adjustments to traditional financial data, particularly with respect to the replacement value of companies’ assets, seeks to make valuation comparisons on a consistent basis, resulting in an effective and efficient stock selection process.

For further information, please call:

Deutsche Bank

Johanna Graf     + 44 (0) 207 547 26 03
Press and media relations

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 80,456 employees in 72 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.

www.db.com

About Funds at Deutsche Bank

Funds at Deutsche Bank began operations in May 2002 and offers a full range of funds which employ both alpha and enhanced beta strategies to access all of the different asset classes. Since launched, 110 funds have been issued with net assets of over EUR 10 billion. Deutsche Bank is the recognised industry leader in rule based Fund Solutions comprising a comprehensive range of fund platforms in Luxembourg, Ireland and the Cayman Islands.

www.funds.db.com