February 22, 2006

Roelfien Kuijpers appointed Global Head of Deutsche Asset Management's Institutional Business

Deutsche Bank today announced that Roelfien Kuijpers has been named Global Head of Deutsche Asset Management's Institutional business. Kuijpers, who reports to Kevin Parker, Global Head of Deutsche Asset Management (DeAM) and a Member of Deutsche Bank's Group Executive Committee, will be responsible for the fixed income, equities and cash businesses. She will continue to be based in New York and will retain her responsibilities as Global Head of Marketing for DeAM.

Kuijpers joined Deutsche Bank in 1995 as a Managing Director and Head of European Equities Sales in North America. She was subsequently appointed Global Head of Relationship Management Research, before being named Global Head of Strategic Planning, Communications & Marketing for the Global Equities division. In 2004 she was appointed Global Head of Strategic Planning, Communications & Marketing for DeAM. Prior to joining Deutsche Bank, Kuijpers was a Managing Director and Head of European Equities in North America at SG Warburg Inc. Born in the Netherlands, Kuijpers received a Masters in History from the University of Leiden in the Netherlands.

"The appointment of a seasoned markets professional like Roelfien as Head of Institutional reflects our commitment to developing this business globally," said Parker. "Our strategic focus on improving investment performance across the division gives us a great opportunity to tap new clients and markets. In her new role, Roelfien will further build Deutsche Asset Management's reputation as one of the leading global providers of asset management services to institutional clients."

Deutsche Bank also announced that Tom Curtis will assume Kuijpers' responsibilities for Global Strategic Planning and Communications for DeAM, in addition to retaining his current role as Global Head of Business Development. Curtis is also based in New York and reports to Parker.

"Having a combined Strategic Planning and Business Development function will give us greater ability to leverage our focused business strategies and capitalize on market opportunities. Tom's broader responsibilities will further enhance his team's effectiveness in identifying future strategic opportunities," added Parker. "Our record results for 2005 underline the significant progress we have made in realigning the division, streamlining processes and strengthening the business. These two appointments mark a very positive step in the development of Deutsche Asset Management."


For further information, please call:

Rohini Pragasam         +1 212 250 4516 (New York)
Jezz Farr                       +44 20 7545 7506 (London)
Thomas Richter          +49 69 71909 4195 (Frankfurt)


About Deutsche Bank

With Euro 993 billion in assets and 63,427 employees, Deutsche Bank <NYSE: DB> 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.



About Deutsche Asset Management

Deutsche Asset Management is the global asset management business of Deutsche Bank AG, with AUM of US$630 billion (as of 12/31/05). It is one of the world's leading investment management organizations in terms of the quality and breadth of investment products, asset management expertise and client service.

DeAM provides asset management capabilities to a variety of clients worldwide including foundations, non-profit organizations, public and private superannuation funds, high-net-worth individuals and retail investors.