LONDON (Standard&Poor's) Aug. 5, 2008—Standard&Poor's Ratings Services said today that it has lowered to 'AA-' from 'AAA' its credit rating on the $10 million credit-linked notes (STAKE) issued by Deutsche Bank AG. We have lowered the rating after the rating on the underlying obligor was lowered. Related articles are available to subscribers of RatingsDirect, the real-time Web-based source for Standard&Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. Alternatively, call one of the following Standard&Poor's numbers: Client Support Europe (44) 20-7176-7176; London Press Office (44) 20-7176-3605; Paris (33) 1-4420-6708; Frankfurt (49) 69-33-999-225; Stockholm (46) 8-440-5914; or Moscow (7) 495-783-4017.