March 27, 2007

Mark Dowding to join Deutsche Asset Management

Mark Dowding will join Deutsche Bank’s Asset Management division (DeAM) from INVESCO as a Managing Director in the Global Institutional Fixed Income team. Based in London, Dowding will report to Bart Grenier, Managing Director and Global Head of Specialty Fixed Income. Dowding is part of a group of five senior investment managers and 11 additional senior staff who will join DeAM from INVESCO.

“Mark will bring significant expertise in U.K. and Global Fixed Income and will further strengthen our Global Institutional Fixed Income investment platform,” said Grenier.

Dowding is Director of U.K. and Global Fixed Income for INVESCO, responsible for managing multi-currency Global Fixed Income portfolios for both Retail and Institutional clients. Prior to joining INVESCO, he was a Senior Fixed Income Fund Manager for Deutsche Asset Management.  Dowding earned a Bachelor of Science degree in Economics from the University of Warwick.

For further information, please call:

Media Relations, Deutsche Bank

Ted Meyer
+1 (212) 250-7253

Mayura Hooper                        
+1 (212) 250-5536

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

About Deutsche Asset Management

With approximately Euro 543 billion in assets under management globally (as of 12/31/06), Deutsche Bank’s Asset Management division is one of the world's leading investment management organizations, not just in size, but in quality and breadth of investment products, performance and client service.  The Asset Management division provides a broad range of investment management products across the risk/return spectrum.