Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

3. Full name of person(s) subject to thenotification obligation:

Deutsche Bank AG

5. Date of the transaction and date onwhich the threshold is crossed orreached:

17/12/2010

6. Date on which issuer notified:

20/12/2010

7. Threshold(s) that is/are crossed orreached:

3%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Indirect

Direct

Indirect

GB0005758098

Below 3%

Below 3%

22,382,069

21,079,813

1,302,256

3.02%

0.19%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

Swap

N/A

N/A

N/A

226,395

Nominal

Delta

0.03%

0.03%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

22,608,464

3.24%

14. Contact name at Deutsche Bank AG

Dirk Young

15. Contact telephone number:

+44(20)754-57177