Internationally listed. The Deutsche Bank share is listed on all German stock exchanges as well as in New York, Tokyo, Amsterdam, Brussels, London, Luxembourg, Paris, Vienna and in Switzerland. In 2005 trading on the Xetra platform of the German stock exchange Deutsche Börse accounted for approximately 95% of turnover in our shares. The New York Stock Exchange (NYSE) accounted for most of the balance. As a leading global investment bank, we remain firmly of the opinion that our New York listing is currently in the interests of our business, despite the increasing regulatory burden and expense which this entails. The Management Board has decided to pursue delisting on certain stock exchanges other than Germany and New York in order to benefit from the integration of financial markets.