The money will be allocated to the Deutsche Bank Foundation.

JOHANNESBURG - Deutsche Bank held their 10^th annual charity trading day on Wednesday 18^th November. Commissions generated on the day amounted to R 2.5m which will be allocated to social responsibility projects through the Deutsche Bank Africa Foundation. As is customary, 20% of the amount raised (R500 000) will be presented to TSiBA Education in Cape Town to initiate a micro-venture fund to assist  entrepreneurs and SME's to get to the next level and enable them to build more sustainable ventures.

Commenting on the trading day, Max Koep, Managing Director of Deutsche Securities said "During hard economic times, it is even more important that investment in social upliftment should not be neglected and even increased. We are once again grateful to our clients for faithfully supporting us and it is a reflection of their willingness and commitment to make a difference in the lives of people that are less fortunate. It also provides our staff with an opportunity to get involved and be part of the giving process. We are pleased to be supporting TSiBA education once again who have proven to be an excellent custodian of prior funding".

The commission from the charity trading day will be added to the Deutsche Bank Africa Foundation and brings the total allocation for 2009 to R15.0m.

Since the inception of the Deutsche Bank Africa Foundation, more than R65m has been allocated to projects supporting education, community development, art and vulnerable children.

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