Deutsche Bank Alex. Brown Names Sanjan Dhody as Managing Director and

    Business Editors

    NEW YORK--(BUSINESS WIRE)--April 6, 2005--Deutsche Bank Alex. Brown, the U.S. Private Client Services division of Deutsche Bank Securities Inc., today announced it has appointed Sanjan Dhody as Managing Director and Client Advisor. Additionally, Stephanie Potter was named Director and Client Advisor for the U.S. Private Client Services division. Sanjan and Stephanie will be based in New York and will report to G. Haig Ariyan, Managing Director and New York Branch Manager, Private Client Services (PCS).
    Sanjan and Stephanie join Deutsche Bank Alex. Brown from Lehman Brothers, Inc. Private Client Group where, since 2000, they have built a significant High Net Worth advisory practice complemented by a focus on equity, fixed income and structured solutions for sophisticated investors.
    Prior to joining Lehman Brothers in 1996 in its Fixed Income Division, Sanjan was a Research Analyst for Citicorp International Securities and was based in London. Stephanie started her investment career in Equity Research with CIBC Oppenheimer in 1992.
    "The team of Dhody and Potter is a prime example of the talent that Deutsche Bank Alex. Brown is attracting due to our ability to properly service our clientele with our strong global presence, balance sheet and customized product capabilities," said G. Haig Ariyan, New York Branch Manager for PCS.
    "Deutsche Bank Alex. Brown is focused on significantly increasing our sales force and with the addition of Sanjan and Stephanie to our successful team of professionals, we are well positioned to continue our positive growth within Private Client Services", said Corky Crozier, Head of Private Client Services.

    About Deutsche Bank

    Deutsche Bank is a European global powerhouse. With Euro 840 billion in assets and 65,400 employees, the bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank is dedicated to excellence, constantly challenging the status quo to deliver superior solutions to our clients.
    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 & business banking franchise in Germany and other selected countries in Continental Europe.
    Deutsche Bank Alex. Brown is the U.S. Private Client Services division of Deutsche Bank Securities Inc., the investment banking and securities arm of Deutsche Bank AG in the United States. Deutsche Bank Alex. Brown provides investment products, brokerage and advisory services to high net worth and ultra-high net worth clients through Client Advisors based in 14 cities across the U.S.

    www.deutsche-bank.com

    www.alexbrown.db.com

--30--RC/ny*

CONTACT: Deutsche Bank Rosalia Scampoli, 212-250-5536 Press Office

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING MANAGEMENT CHANGES SOURCE: Deutsche Bank Securities Inc.

Copyright Business Wire 2005