Deutsche Bank has expanded its lending to small and medium-sized clients by 11 per cent

Deutsche Bank gained roughly 30,000 new midcap clients thisrnyear / New hires in Germany to enhance midcap advisoryrnservices / Deutsche Bank: a strong partner even in turbulentrntimes rnrnFRANKFURT AM MAIN, November 24, 2008 – Deutsche Bank hasrnstrongly expanded its lending to small and medium-sizedrnclients (“Mittelstand”) despite the difficult situationrnon the financial markets. During the last 12 months, thernloan volume in this segment rose by more than 11 per centrnfrom ¤ 36 billion to ¤ 40 billion. rnrnMoreover, Deutsche Bank has gained roughly 30,000 new smallrnand medium-sized clients. Over the last 12 months, thernnumber of clients in this segment rose from 900,000 to somern930,000. The bank is therefore continuing its successfulrngrowth strategy and is well on track to reach its target ofrnhaving one million clients by the end of 2010. Every fourthrnmidcap company in Germany, from freelancers and familyrncompanies to stock corporations, is already a customer ofrnDeutsche Bank. rnrnJürgen Fitschen, Member of the Group Executive Committeernand Chairman of the Management Committee Germany explainsrnthis growth as follows: “Small and medium-sized companiesrntrust Deutsche Bank. We are a strong and reliable partner,rneven in turbulent times. From financing through cash, riskrnand liquidity management to M&A advisory, our customersrnreceive tailor-made solutions. We provide one-stop advice onrnboth business and private financial issues. We are alsornpresent in the world’s growth markets and accompany smallrnand medium-sized companies all the way to globalization.”rnrnTo increase support for these clients, Deutsche Bank willrnhire 120 new midcap advisors in Germany by the end of nextrnyear. The bank currently employs 3,400 advisors for smallrnand medium-sized companies at 850 locations across Germany.