April 5, 2007

Malcolm Price appointed Head of Cash Equity Sales Australia

Deutsche Bank today announced a senior appointment, with Malcolm Price to assume the role of Head of Cash Equity Sales Australia, effective 2 July.

Price joins Deutsche Bank from UBS where he had worked for the past 15 years. During his highly successful career, Price held a number of key roles including most recently, Managing Director and Head of Equity Sales. He will report to Vic Jokovic, Managing Director and Head of Institutional Client Group.

“Malcolm's appointment is another key development for our Equities franchise as we build upon the success and strong momentum we have achieved across all aspects of the business,” said Michael Ormaechea, Head of Global Markets, Australia and New Zealand.

Deutsche Bank Australia ranked third in the "Overall Combined Research and Sales for Australia" category and was awarded “Most Improved Brokerage Over the Last 12 Months” by the 2006 AsiaMoney Brokers Poll.

In recent weeks, several new appointments were made to further strengthen Deutsche Bank’s equity sales platform including:
- Patrick Mann – who returns to Deutsche Bank as Director, Sales Trading based in Sydney. Mann most recently worked for ABN Amro in Hong Kong, and had previously worked for Deutsche Bank for 8 years in both Sydney and Hong Kong;
- David Summerfield – who was appointed Director, Sales Trading and Hedge Fund Sales based in Melbourne. Most recently, Summerfield ran the Credit Suisse sales trading team in Hong Kong;
- Scott Ramsay – who was appointed Vice President, Asian Sales based in Melbourne. Previously, Ramsay spent 10 years at UBS, including 5 years in its London sales team; and
- Brett Hucker – who was appointed Vice President, Research Sales, based in Melbourne. Previously, Hucker worked for Merrill Lynch in their media research team.

For further information, please call:

Cathy Knezevic
+61 2 8258 2792


Kate Abrahams
+61 2 8258 2416

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 EUR 1,126 billion in assets and 68,849 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.