Deutsche Bank reports its best-ever third quarter pre-tax profit up 87% to €1.9 billion

Report Highlights:

• Net income of € 1.0 billion, up 46%

• Total revenues of € 6.6 billion, up 31%

• Pre-tax return on average active equity of 29% for the third quarter
  and 28% for the first nine months

• Diluted earnings per share of € 1.89, up 48%

Deutsche Bank today reported income before income taxes of €1.9 billion for the third quarter 2005, up 87% versus the third quarter 2004. This includes restructuring expenses of €156 million and a gain of €337 million on the sale of shares in DaimlerChrysler AG. For the first nine months, income before income taxes rose 36% to €5.1 billion. Net income rose 46% to €1.0 billion in the third quarter and 34% to € 3.0 billion in the first nine months. Pre-tax return on average active equity was 29% for the third quarter and 28% for the first nine months. Before restructuring expenses and the gain from the sale of DaimlerChrysler AG shares, pre-tax return on average active equity was 26% for the quarter and 28% for the first nine months. Diluted earnings per share rose 48% to €1.89 in the third quarter and 44% to €5.95 for the first nine months.

To read the article in full, please visit the Deutsche Bank Group Press Service website.