This partnership delivers benefits for collateral managers, investors, traders and structurers in the market.

"The ability of Deutsche Bank's TSS to offer its clients market-leading independent prices on collateral assets through the LPC pricing services is a true benefit to clients and will increase efficiency," said Steven Park, Director and Head of CDOs at Deutsche Bank's TSS. "Collateral managers will benefit from this seamless integration by being able to view and download collateral asset prices, enabling them to react more quickly to market conditions and further enhancing market transparency for everyone. As a leader in the global CDO trustee market, and with LPC's global reach, we look forward to offering this service to clients in the U.S. and worldwide."

"LPC has been providing pricing information to the market for over 13 years," said Michele Kelsey, Senior Vice President at Loan Pricing Corporation. "This partnership will yield much needed improvements in data management efficiency for the complex CDO market, and allow Deutsche Bank's TSS and LPC to enhance product value for our mutual clients."

The partnership will provide additional benefits to LPC's new CDO Intelligence (CDOi) product. CDOi, launched earlier this year, is a market data and data management solution for participants in the CDO arena. As another component of this strategic relationship, Deutsche Bank's TSS will, with appropriate collateral manager and client consent, provide LPC with detailed data on CDO structures in an electronic format for use within CDOi. This will include information from offering memorandums, SWAP agreements and monthly surveillance reports, which will be combined into the CDOi platform with LPC's detailed terms and market values on CDO collateral assets.

About Loan Pricing Corporation
Since 1985 Loan Pricing Corporation (LPC) (www.loanpricing.com), a Reuters Company, has provided market players around the world with the most complete and accurate news, data and analytics on bank loans. LPC's coverage spans the U.S., Europe, Middle East, Africa, Latin America, and Asia-Pacific via subsidiary Basis Point Publishing Limited. LPC's content is delivered via publications, on-line services and databases.

LPC is the premier global provider of loan market information and analysis as a result of its in-depth focus on the loan industry and development of state-of-the-art products and services for bankers, borrowers and loan investors.

About Deutsche Bank
With roughly Euro 845 billion in assets and approximately 65,400 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.

Deutsche Bank's Trust & Securities Services is one of the leading global providers of trust and securities administration services. Through a fully integrated network of specialist offices worldwide, the group provides domestic custody in 25 securities markets as well as trustee, agency, registrar, depositary, SPV management and related services for all types of financing including bonds, medium term note and commercial paper programs, asset backed and mortgage backed securities, CDOs, SIVs, project financings, escrows, syndicated loans, American Depositary Receipts and German equities. www.deutsche-bank.com

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