February 22, 2006

John Fowler to relocate to London to head up health care group

John Fowler, a senior health care banker for Deutsche Bank in the Americas, is relocating to London to head up the health care investment banking team for Deutsche Bank in Europe. He will report to David Fass, head of global banking in Europe.

Fowler joined Deutsche Bank's health care banking team in November 2004 and brings more than 20 years experience in the investment banking and health care industries. He founded and was the head of the global health care investment banking group at Salomon Brothers and subsequently was a senior banker at JP Morgan. During his career in health care banking he has successfully completed over 200 mergers, acquisitions, IPOs, equity, debt and high-yield transactions. He also has recent experience as the president of a public biotechnology company and as an independent management consultant and advisor to health care companies, and has served on several boards of directors.

Lee Stettner, head of health care investment banking in the Americas commented, "John's move will further strengthen and integrate our global health care franchise and assist us in providing a much broader  view of the industry to our clients."

Jim DeNault, co-head of corporate coverage in the Americas said, "John has made a big impact on our franchise in the US. His move to Europe will further enable us to serve our clients with a global approach and will enhance our ability to provide value-added, strategic advice and creative solutions to this dynamic and rapidly growing client set."

David Fass, head of global banking in Europe said, "We are very fortunate that John is joining our European platform. He will help us to continue the momentum we have enjoyed during the past 12 months and his vast experience will allow us to penetrate new sub-sectors of this exciting industry and will be a valuable resource for our growing client base."

For further information, please call:

Deutsche Bank

Joanna McCulloch  
(44 20) 7545 6941
Press and Media Relations

About Deutsche Bank

With Euro 993 billion in assets and 63,427 employees, Deutsche Bank offers unparalleled financial services in 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 and business banking franchise in Germany and other selected countries in Continental Europe.