March 2, 2005

Deutsche Bank's Jeanmarie Genirs moves to Debt Syndication team

Deutsche Bank Securities Inc. today announced that Jeanmarie Genirs has joined the bank's Debt Syndication Group. Genirs , a Managing Director and H ead of Agency Debt, will be responsible for the further build out of syndication and distribution of agency and other active borrowers' debt transactions . She will report to Nigel Cree, Head of Debt Syndication for North America. Genirs joined the bank in 2003 and has covered the agency debt market for over eight years.

"Jeanie is a significant addition to our group. She has considerable deal experience and is widely respected throughout the industry," said Cree. "She will undoubtedly complement the gr oup as we continue to grow our franchise."

Secondary trading of agency debt will continue to be part of the bank's Rates Trading Group. Peter Antico, Managing Director and Head of Rates Options Trading, and Cronin McTigue, Managing Director and Head of Swaps Trading, will oversee agency trading and risk management.

"Jeanie's move will further leverage our skills in agency new issuance, as well as expand our syndication capabilities to other frequent borrowers," said Jon Kinol, Managing Director and Head of Rates Trading for North America. "This move also gives us the ability to leverage the liquidity providing and risk management expertise of our current rates trading franchise."

Genirs joined the bank from Lehman Brothers where she was head of their agen cy business.

For further information, please call:

Michele Agostinho
Media Relations

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With roughly Euro 840 billion in assets and approximately 65,400 employees, Deutsche Bank offers unparalleled financial services i n 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 Inc. is the investment banking and securities arm of Deutsche Bank AG
in the United States.

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