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/2011 4Q2010 noninterest expenses de-composed In EUR bn 0.3 Policyholder benefits and claims General and administrative expenses 6.3 0.2 6.3 1.2 3.1 Compensation and benefits 0.3 Consolidation of Sal. Oppenheim / BHF 0.1 0.1 Consolidation of parts of ABN AMRO 0.3 5.1 Consolidation of Postbank (1 month) 0.1 0.05 new Deutsche Bank Other structural operating costs Specific efficiency measures / severance mainly Complexity Reduction Program, CIB integration and acquisition.

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