Deutsche Bank to Add Ajay Shah to Its Technology Investment Banking Group

Shah has more than 10 years of experience in technology investmentbanking. Most recently, he was an Executive Director and Head of theWest Coast Communications Technology group at UBS where he wasresponsible for sector coverage and involved with global communicationtechnology efforts. Prior to UBS, Shah worked in the Technology groupat Credit Suisse where he helped raise public and private capital forcommunication infrastructure companies and led several financing, M&Aand private equity transactions.

"The communications sector is an important and rapidly changingpart of the technology landscape, so we are extremely pleased to add atalented banker like Ajay to our team," said Tor Braham, ManagingDirector and Head of Technology M&A. "With his wide-ranging clientrelationships and substantial industry experience, he will be avaluable resource for our clients and the bank."

"We are extremely pleased to have Ajay on board as we continue tosee an increase in M&A and capital raising activity across thecommunications sector," said Chris Colpitts, Co-Head of TechnologyInvestment Banking. "His experience in the industry and proven trackrecord will help us expand our market presence and strengthen ourability to provide superior advisory services to our clients."

Shah earned a BA in Electrical Engineering from the University ofBombay, an MA in Computer Engineering from North Carolina StateUniversity and an MBA from The Wharton School of Business at theUniversity of Pennsylvania.

About Deutsche Bank

Deutsche Bank (NYSE: DB) is a leading global investment bank witha strong and profitable private clients franchise. A leader in Germanyand Europe, the bank is continuously growing in North America, Asiaand key emerging markets. With Euro 1,035 billion in assets and 64,103employees, Deutsche Bank offers unparalleled financial services in 73countries throughout the world. The bank competes to be the leadingglobal provider of financial solutions for demanding clients creatingexceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is theinvestment banking and securities arm of Deutsche Bank AG in theUnited States.

www.db.com