With more than 500,000 shareholders, Deutsche Bank is one of Germany’s largest publicly held companies. It also has a firmly anchored position on international markets. The percentage of our share capital held by foreigners was 53% at the end of 2003, seven percentage points above the previous year figure. Especially noteworthy is the heightened interest in our share among investors from the U.S.A. and the United Kingdom. At the end of 2003, they held 11% and 12%, respectively, of our shares after 8% each at the end of 2002. Apparently, the listing of our share on the New York Stock Exchange and our efforts to position Deutsche Bank as a global company are beginning to bear fruit.
We are not aware of any major shareholders with a shareholding of more than 5% to be reported under § 21 German Securities Trading Act. According to its own statements, La Caixa, the Spanish savings bank held a 3.8% stake in Deutsche Bank at year’s end 2003.
