June 21, 2005

Mark Zarrilli joins Deutsche Bank Mortgage Sales

Deutsche Bank Securities Inc. announced today that Mark Zarrilli has joined the firm's Institutional Client Group (ICG) within the Global Markets division. He is a Director in Mortgage-Backed Securities (MBS) Sales, responsible for regional dealer coverage. Zarrilli is based in New York and reports to Michael Jordan, Managing Director.

"Mark is highly respected in the mortgage industry for his market knowledge and his hire is part of our continued commitment to expand our presence in mortgages," said Jordan. "We are delighted to have him on our team and are confident that he will help us advance in this market."

Zarrilli joins the firm after 12 years at Bank of America, where he was most recently a Principle in Mortgage Sales. He holds a AAS from Ocean College in Electronic Engineering.

For further information, please call:

Michele Agostinho
Media Relations

About Deutsche Bank

With Euro 901 billion in assets and 64,500 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.

Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States.