November 29, 2006

Deutsche Bank's Supervisory Board welcomes termination of Mannesmann trial

The Supervisory Board welcomes the termination, announced today, of the Mannesmann trial.
As the State Prosecution also explicitly emphasized, no findings of guilt of any kind are linked with the termination.

This confirms the Supervisory Board in the opinion which it has held right from the start: in its view, Dr. Ackermann acted correctly and objectively at all times in the performance of his mandate.

The Supervisory Board thanks Dr. Ackermann for his readiness to facilitate the termination by agreeing to make a non-penal payment. This has spared Deutsche Bank a trial, the duration of which would otherwise have been unforeseeable.

Dr. Clemens Börsig, Chairman of the Supervisory Board of Deutsche Bank, stated: "We are pleased that Dr. Ackermann can devote his entire energy to continuing to lead Deutsche Bank on its successful course“.

For further information, please contact:

Alfredo Flores
Deutsche Bank
Tel. 069 / 910-47300


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 Euro 1,097 billion in assets and 67,474 employees in 73 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.