April 17, 2008

Vladimir Pakhomov, Head of Private Wealth Management, Deutsche Bank Russia, has received on behalf of the Bank the “Financial Olympus” National Prize

Moscow, 17 April 2008 – Vladimir Pakhomov, Head of Private Wealth Management, Deutsche Bank Russia, has received on behalf of the Bank the “Financial Olympus” National Prize awarded to Deutsche in the category “Significant contribution to the Private Banking development on the Russian financial market”.

The award ceremony for the winners – the best top-managers and companies operating on the financial market – took place in the Zurab Tsereteli Gallery on the 16 April 2008.

Deutsche Bank Russia has been offering Private Wealth Management services for the private clients since 2003. Private Wealth Management Russia is uniquely positioned to offer access to all major markets worldwide and is able to provide customized and highly sophisticated investment solutions by having full access to a wide range of the product universe of Deutsche Bank Group. This enables Deutsche Bank Russia to keep its leading positions in wealth management in the country.

Vladimir Pakhomov said: “This award is a great honour for us, which proves appreciation of our work. Since 2003 the PWM Russia asset base has achieved over USD 1 billion. We will keep our strong positions in private wealth management in future and continue to provide services of high quality. We will permanently advance our product range in all asset classes according to the Russian and global markets changes”.

For further information, please call:

Deutsche Bank
Olga Podoinitsyna
+7 (495) 797 5303

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 78,291 employees in 76 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.

Deutsche Bank Ltd. (Deutsche Bank Moscow) was established in April 1998. The Bank is a wholly-owned subsidiary of Deutsche Bank AG. Deutsche Bank Moscow has become one of the largest foreign banks in Russia. Deutsche Bank Moscow provides local and international, corporate and private clients with a broad range of financial services, comprising corporate finance and advisory, sales, trading, transaction banking as well as private wealth management and asset management services. The bank includes the largest Russian and multinational companies among its client base.

Deutsche Bank in Russia

Financial Olympus National Prize

Financial Olympus National Prize marks annually the successes of companies and top managers on Russia's financial market. This award is conferred on the basis of the annual results of the National Finance Rating, with expert assessments and public opinion also taken into account.



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