Deutsche Bank Further Strengthens Consumer Investment Banking Group

    Marco Habert and Jane DeFlorio To Join as Managing Directors

    NEW YORK, April 4 /CNW/ - Deutsche Bank Securities Inc. today announced
it will expand its Consumer Investment Banking group in the Americas, adding
Marco Habert and Jane DeFlorio as Managing Directors in New York. Habert will
lead the consumer products practice and DeFlorio will focus on the retail
sector. Both will report to Keith Wargo and Charles Mcllvaine, Co-Heads of
Consumer Investment Banking in the Americas.

    Habert will join Deutsche Bank after eight years with Citigroup, where he
was a Managing Director in the Consumer Investment Banking group responsible
for Household and Personal Care coverage. He earned a BA degree from the City
University of New York and an MBA from New York University.

    DeFlorio will join from UBS, where she was most recently a Director in
the Consumer Retail group responsible for mid- to large-cap retail clients.
Prior to joining UBS in 2002, she spent four years with Morgan Stanley.
DeFlorio earned a BS in Mechanical Engineering from Notre Dame and an MBA from
Harvard Business School.

    Earlier today, Deutsche Bank also announced that Bruce Evans will join
the firm as a Managing Director in the M&A group. He has worked at Goldman
Sachs for 18 years, most recently as a Managing Director in the Consumer
Retail Investment group, and has extensive experience in both M&A and the
consumer sector.

    "We are extremely pleased to add such seasoned professionals to our team
as we continue to strengthen our platform across the consumer sector," said
Keith Wargo. "We are confident that their proven track record and deep client
relationships will help us expand our market presence and our ability to
provide superior advisory services to our clients."

    "The consumer sector is a vibrant and important part of the economy and
we expect to see continued consolidation and capital raising activity across
the sector," said Charles Mcllvaine. "Adding highly skilled bankers like
Marco, Jane and Bruce will help us build on our success and help our clients
to navigate the markets."

    Deutsche Bank

    Deutsche Bank (NYSE:   DB) 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 people.

    Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is the
investment banking and securities arm of Deutsche Bank AG in the United

For further information:

For further information: Deutsche Bank Media Relations: Scott Helfman,
212-250-5602 John Gallagher, 212-250-4516

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