Useful information on the Deutsche Bank share

At the end of 2003, our market capitalization stood at € 38.2 billion, a almost € 11 billion more than a year earlier. Compared with other international financial institutions we moved up to 18th place. The weighting of the Deutsche Bank share in the DAX increased once again – to 9.1%. With a market turnover of € 144.6 billion in the reporting year, i.e. ranked fourth among the DAX stocks, Deutsche Bank continues to be one of the most liquid shares in Germany.

Foreign stock market activities. The most important foreign market for our share is New York. On Wall Street, average trading volume in our share rose by about 80% against 2002 to 96,500 shares per trading day. The volume of trading in our shares on the New York Stock Exchange has risen steadily since the initial listing in October 2001. We are optimistic that we will be able to further raise the popularity of our share in the U.S. financial market.