Deutsche Bank AG — M&A Activity 2010

Sep 12, 2010

News Details

Takeover Bids | 12 September 2010 16:10

Takeover Offer ;

Target company: Deutsche Postbank AG; Bidder: Deutsche Bank AG

Dissemination of an announcement according to the German Securities Acquisition and Takeover Act (WpÜG),

transmitted by DGAP – a company of EquityStory AG.

The bidder is solely responsible for the content of this announcement.

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Deutsche Bank AG

Frankfurt am Main

Publication of the decision to make a public takeover offer pursuant to

Section 10 Paras. 1 and 3 in conjunction with Sections 29, 34 of the German

Securities Acquisition and Takeover Act (Wertpapiererwerbs- und

Übernahmegesetz)

Bidder:

Deutsche Bank AG

Theodor-Heuss-Allee 70

60486 Frankfurt am Main

Germany

registered with the commercial register of the local court (Amtsgericht)

Frankfurt am Main under registration no. HR B 30 000

Target Company:

Deutsche Postbank AG

Friedrich-Ebert-Allee 114-126

53113 Bonn

Germany

registered with the commercial register of the local court (Amtsgericht)

Bonn under HR B 6793

ISIN DE0008001009 (WKN 800100)

The offer document and further information relating to the offer will be

published on the internet at www.db.com.

On 12 September 2010, Deutsche Bank AG has decided to make an offer to the

shareholders of Deutsche Postbank AG, Bonn to acquire their registered

shares with no par value in Deutsche Postbank AG, Bonn, each share

representing a notional amount of EUR 2.50 in the registered share capital,

with dividend entitlement as of 1 January 2010 (‘Postbank-Shares’), by

means of a voluntary public takeover offer against payment of a cash

consideration in the amount of the volume weighted average stock exchange

price of the Postbank-Share during the last three months. The price will

probably fall within a range of 24 to 25 Euro for each Postbank-Share.

Apart from this, the offer will be made on and subject to the terms and

conditions yet to be communicated in the offer document.

Important information: This announcement is neither an offer to purchase,

nor a solicitation of an offer to sell, shares. The final conditions and

further provisions regarding the offer will be communicated in the offer

document after the publication has been approved by the German Federal

Financial Supervisory Authority (BaFin). Deutsche Bank AG reserves the

right to change terms and conditions of the offer to the extent permissible

under applicable law. Shareholders of Deutsche Postbank AG are strongly

advised to read the offer document as well as all other documents in

connection with the offer as soon as these are published, since they will

contain important information.

Frankfurt am Main, 12 September 2010

End of WpÜG announcement(c)DGAP 12.09.2010

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Listed: Deutsche Postbank AG: Regulierter Markt in Berlin, Düsseldorf,

Frankfurt (Prime Standard), Hamburg, Hannover, München und

Stuttgart

Deutsche Bank AG: Regulierter Markt in Berlin, Düsseldorf,

Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart;