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Deutsche Bank's new building

| Source: JP

Deutsche Bank's new building

JP/bay

Deutsche Bank officially opened its new building, on Jl.
Diponegoro, Central Jakarta, yesterday.

State Minister of Research and Technology B.J. Habibie
(center), Ambassador of the Federal Republic of Germany Heinrich
Seeman (left) and Josef Ackerman (right), member of the Deutsche
Bank Group board responsible for the Asia-Pacific region, opened
the new building with a ribbon-cutting and plague-signing
ceremony.

The opening ceremony was attended by customers and friends of
the bank and was followed by a concert by renowned German chamber
music ensemble Consortium Classicum.

Josef Ackerman said the opening of the building reflected
Deutsche Bank's commitment to Indonesia and the bank's continued
confidence in its future.

"We've been here for almost 30 years and like our building, we
are here to stay," he said.

The 22-story Deutsche Bank Building is a landmark in the heart
of the business district and incorporates innovative elements,
such as below-floor air-conditioning and double-glazed windows.

It features a 12-meter-high lobby, Canadian slate, granite and
aluminum interiors, state-of-the art trading floors and a modern
vault built for the bank's securities and custody services.

The new building was commissioned by Deutsche Bank in 1993 to
replace its previous eight-story building, which was at the same
site.

The old building, completed in 1975, was in the same location
as Deutsche Bank's first office in Jakarta, which opened in 1968.
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