REPEAT/RiskMetrics' Tools to be Integrated in maxblue

Business Wire, July 2, 2001

Business Editors

REPEATING ... due to line garble

LONDON--(BUSINESS WIRE)--July 2, 2001

RiskMetrics, a leading provider of risk and wealth management analytics, announced their partnership with Deutsche Bank to integrate their (TM) tools into maxblue, the online investment center of Deutsche Bank.

The partnership enables subscribers to the maxblue site to assess the risk on individual stocks and funds and across an entire portfolio. Traditionally, although investors have had access to specific information on returns, there has been limited information available on risk. By offering RiskMetrics' RiskGrades(TM) tools to their maxblue clients, Deutsche Bank is enabling their clients to make better informed investment decisions.

"Managing risk is an essential part of managing your financial assets," commented David Fletcher of RiskMetrics. "In an increasingly volatile market the integration of a risk measurement tool with an online brokerage site like maxblue is becoming ever more prevalent. The two services together provide a powerful combination of information for any private investor," continued Fletcher.

The RiskGrades(TM) measure, devised by RiskMetrics, is the global standard for measuring the risk of the world's financial assets thereby enabling investors to compare risk across asset classes and countries. The concept is simple. The higher the RiskGrade(TM), the riskier the investment. RiskGrades(TM) are on a scale from 0 to 1000 plus, where 0 signifies no risk, for example a cash holding, and a RiskGrade(TM) of 1000 may signify an Internet IPO. Like stock prices, RiskGrades(TM) are dynamic and change daily, accurately reflecting market conditions. In addition the RiskGrades(TM) analytics will enable maxblue subscribers to perform "What-If" analysis i.e. measuring the implications of a buy or sell transaction and calculate X-Loss(TM) - the amount an individual might lose during the worst trading days of the year.

"We wanted to continue to offer our clients a first class service, and as a private investor brokerage site, that means ensuring our subscribers have access to the most up to date information and analytical tools - enabling them to make educated financial investment decisions. We believe that the integration of RiskGrades(TM), which is fast becoming the global language of risk, will provide our customers with that capability and we look forward to offering RiskGrades across Europe", said Luca Marighetti, Executive Vice President at Deutsche Bank 24 and responsible for maxblue.

About RiskMetrics

RiskMetrics provides institutions, financial advisors, and individual investors with tools to make more intelligent and informed financial decisions. RiskMetrics' risk management software and research allows clients to accurately understand, measure and manage financial risk. Serving hundreds of the world's leading financial institutions and multinational corporations, RiskMetrics' products are used by banks, hedge funds, asset managers, insurance companies, brokerage houses, corporations and more than half of the world's central banks. RiskMetrics' retail products make this same technology and information available to millions of financial advisors and individual investors.

Formerly the Risk Management Services Group at J.P. Morgan, RiskMetrics was spun-off as a separate company in 1998. The company is headquartered on Wall Street in New York City, with seven offices around the world including London, Tokyo, and Singapore.

Minority shareholders of the company include; American Express, Deutsche Bank eVentures, the Intel 64 Fund, JP Morgan Chase, Procter & Gamble, Reuters, and Sony.

RiskMetrics offices: New York: 212.981.7475, London: 44 (0)207.842.0260, Tokyo: 81.3.5793.3222, Singapore: 65.734.9404 For more information, visit www.riskmetrics.com or www.riskgrades.com

About maxblue

With maxblue, the online investment center of Deutsche Bank, online investors receive direct access to the world renowned investment know-how of the Deutsche Bank Group. Investment decisions can be made on the basis of research and analytical tools from the investment professionals at the Deutsche Bank Group. With these instruments, private investors can trade like the profis. Furthermore maxblue offers its customers an abundance of professional tools and services. This includes, for example, the Risk Compass devised by RiskMetrics, which private investors can use to assess the opportunities and risks of an investment. Besides Germany and Spain, maxblue is to go online in other European countries soon. maxblue will be the online trading platform for the entire Deutsche Bank Group: Deutsche Bank 24 has taken the first step.

www.maxblue.de maxblue Deutsche Bank Clients Service Karl-Legien-Strasse 188 D-53117 Bonn, Germany Hotline: 01803 / 812 812