October 10, 2007

New appointments strengthen Deutsche Bank's Central and Eastern European Global Banking franchise

Deutsche Bank Global Banking announced today that Miklos Kormos has joined the bank as a Managing Director and Head of Global Banking for Central and Eastern Europe and that Dimitrios Stratikopoulos has been appointed to the new role of Head of M&A for Central and Eastern Europe.

Miklos joins Deutsche Bank from New Europe Capital Partners ("NECP") which was acquired by Deutsche Bank on the 30th September, 2007. Prior to establishing NECP, Miklos was in charge of the Central and Eastern European Investment Banking business of JPMorgan and President of JPMorgan's Russian operations between 2001 and 2005. Miklos will report to Phil Southwell, Head of Global Banking, CEMA.

Dimitrios Stratikopoulos has been appointed to the new role of Head of M&A for Central and Eastern Europe in addition to his responsibilities as Head of Global Banking, Greece. On his M&A role Dimitrios will report to Henrik Aslaksen and Stephan Leithner, coHeads European M&A, and on his coverage role he will report to Miklos Kormos.

Through the acquisition of NECP, Deutsche Bank welcomes Shrenik Davda who will join the bank as a Director in the Central and Eastern Europe team reporting to Miklos Kormos. Prior to the establishment of NECP, Shrenik was head of Investment Banking at JPMorgan responsible for the Balkans, Baltics and Ukraine.

David Hobley will continue in his role as Chairman of Central Europe providing guidance and leadership across the region, and specifically with our Entrepreneur client base.

Of the appointments, Philip Southwell said: ‘The appointment of Miklos, Dimitrios and Shrenik to these new positions further illustrates Deutsche Bank's strategy to focus and grow our business in the CEMA regions. The Central and Eastern European business is an important constituent of Deutsche Bank’s business in the CEMA region and, year-to-date, Deutsche Bank has achieved 14.2% market share of corporate finance revenues.’

For further information, please call:

Deutsche Bank

Richard Thomson             (44 20) 7545 6941
Press and media relations

Oonagh Baerveldt
Press and media relations   (44 20) 7545 1605

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 75,140 employees in 75 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.