May 7, 2008

Deutsche Securities appoints Shunichi Maeda as Vice Chairman of Global Banking for Japan

Deutsche Securities Inc. (DSI), today announced the appointment of Shunichi Maeda as Managing Director, Vice Chairman of Global Banking, Japan, on May 1, 2008. Mr. Maeda brings a wealth of experience, business networks and senior contacts, particularly in the areas of M&A, corporate restructuring and private equity to the Global Banking Division at DSI.

Mr. Maeda began his career with Mitsubishi Corporation from 1969 and from 1984 until 1987, served on the World Bank in Washington DC, before returning to the company to lead its Corporate Finance (M&A) Department. In November 1990, Mr. Maeda was simultaneously appointed President & CEO of MC Financial Services, Ltd., to head Mitsubishi Corporation’s investment banking business in the United States, and President of MC Capital Inc., to serve the investment banking, private equity and other financial services needs of its US and Japanese clients. After retiring from Mitsubishi Corporation in 2003, Mr. Maeda joined Lehman Brothers Japan Inc. as Senior Executive in November 2003 before being appointed Deputy President and Executive Officer of the company in September 2007.

In addition to his career as a corporate financier and global business professional at Mitsubishi Corporation and Lehman Brothers, Mr. Maeda lectures at several universities in Japan and is an established commentator in the field through his presentations at key industry events, his books and his prolific translations to Japanese of prominent English-language publications.

David Shrenzel, Head of Global Banking, Japan, said, “I am very pleased to welcome Mr. Maeda as Managing Director, Vice Chairman of Global Banking, Japan. With his balance of experience in corporate finance and global business, and his wide and deep personal networks, he brings invaluable advisory and relationship capabilities to our clients and to our Global Banking franchise as a whole.”

For further information, please call:

Deutsche Securities Inc.

Seiko Adachi / Aston Bridgman (81 3) 5156 7705/7709
Communications, Region Japan

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.

In Japan, Deutsche Bank Group is engaged primarily in investment banking for corporate and institutional clients, corporate banking and asset management. The Group employs about 1,410 people.