Responsibility Statement by the Management Board

To the best of our knowledge, and in accordance with the applicable reporting principles for interim financial reporting, the interim consolidated financial statements give a true and fair view of the assets, liabilities, financial position and profit or loss of the Group, and the interim management report of the Group includes a fair review of the development and performance of the business and the position of the Group, together with a description of the principal opportunities and risks associated with the expected development of the Group for the remaining months of the financial year.

Frankfurt am Main, July 26, 2010

Josef Ackermann                                          Hugo Bänziger                                        Michael Cohrs

Jürgen Fitschen                                            Anshuman Jain                                      Stefan Krause

Hermann-Josef Lamberti                            Rainer Neske