Ad-hoc | 3 May 2001 07:23

Ad hoc-Service: Deutsche Bank AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– In the first quarter 2001 Deutsche Bank generated profits that clearly exceeded the corresponding figures of the preceding final quarter of 2000. Net income reached Euro 1,026 million. Even compared with the very good first quarter of 2000, this was a gain. Profit before taxes reached Euro 1,446 million (1. quarter 2000: Euro 1,637 million). Diluted earnings per share (excl. goodwill amortization) were in the first quarter of this year Euro 1.88, compared with Euro 1.79 in the 2000 first quarter. Return on equity after taxes (excl. goodwill amortization) was 17.8 per cent, compared with 19.8 per cent in the first quarter a year ago. Additional key figures for the 1. quarter 2001 (1. quarter 2000): Net interest income: Euro 1,777 m. (Euro 1,592 m.) + 11.6 % Provisions for losses on loans and advances: Euro 184 m. (Euro 73 m.) + 152.1 % Net commission income: Euro 2,744 m. (Euro 3,078 m.) -10.9 % Trading profit: Euro 2,719 m. (Euro 2,457 m.) + 10.7 % General administrative expenses: Euro 5,527 m. (Euro 5,297 m.) + 4.3 % Income taxes: Euro 420 m. (Euro 677 m.) – 38.0 % The complete report for the first quarter 2000 is available on the internet: www.deutsche-bank.com/q1 end of ad hoc announcement (c) DGAP 03.05.2001 ——————————————————————————– WKN: 514000; Index: DAX, EURO STOXX 50 Listed: Amtlicher Handel in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hannover, München und Stuttgart; EUREX; Amsterdam; Antwerpen; Brüssel; London; Luxemburg; Paris; Tokio; Wien; Swiss Exchange; 030723 Mai 01