TNAG-1769-FCO40-2523-Hong-Kong-mergers-involving-banks-and-other-financial-instit-1988 — Page 186

MAR.12 '88 12:37 CLIFFORD CHANCE

1

Deutsche Bank

Aktiengesellschaft

Zentrale - Central Office Siège Central

/

ANNEX B

་

TRANSLATION OF MERGER AGREEMENT

Public Certification

P.014

Merger of Deutsche Bank (Asia) AG into Deutsche Bank AG

Before the undersigned Deed Officer of the Notarial Office Zurich (Altstadt) appeared today in the offices at Bleicherweg 5 (Boersengehaende) im 8001 7ueteh, Switzerland, :

1.

2.

Mr Hans-Juergen Eckhardt, born 04.04.1947, German citizen, residing at Beundestr. 8, D-6478 Nidda 1 (Federal Republic of Germany);

Mr Volker Butyka, born 13.06.1060, Corman citizen, residing at Eisenacher Weg 49, D-6800 Mannheim (Federal Republic of Germany);

and declared the following for the protocol, for public

public certification (in accordance proceedings):

with with the request with the Zurich

"We act:

a)

b)

MI Hans-Juergen Eckhardt (see Paragraph 1 above) for Deutsche Bank AG, with domicile in D-6000 Frankfurt am Main (Federal Republic of Germany), Taunusanlage 12, as per written proxy dated November 24, 1987 (enclosure);

Mr Volker Butzke (see Paragraph 2 above) for Deutsche Bank (Asia) AG, with domicile in D-2000 Hamburg (Federal Republic of Germany), Neuer Wall 50, as per written proxy dated November 20, 1987 (enclosure):

and declare;

The entire capital of 196,000,000.00 (in words:

Para. 1

Deutsche Bank

one hundred and

(Asia) ninety

AG

six

of

DM million

Deutsche Mark) is held by Deutsche Bank AG.

Posignschrift/Postal Address/Adresse: Postfach/2.0. Box/Boite Postale 100601, 0-6000 Frankfurt 1 - Telefon/Telephone/Telephone: (069) 71 50-0 Telex: 417 30-0 fmdd · Telegramme/Cables/Télégrammes' deyibane

.

Ehrenvorsitzender Hermann J. Abs Vorsitzender des Aufsichtsrats: Wilfried Guth

Wynaldo Vetrin Burgging, mango Bengjani, sinon Carigmen. A vyameim Corrstians, Mirred marmausen,

Eckart van Huuven. Hilmar X :pper, Klaus Mechn. Vingh Wess. Herbert Zapp, stellvertrætend: Roit-E, Breuer, Georg Krupp

Aktiengesellschaft mit Sitz in Frankfurt am Main - HAD IME. 5700 Amtsgericht Frankfurt am Main