FRANKFURT (dpa-AFX) - German lender Deutsche Bank expects ongoing
litigation concerning its acquisition of postal service retail bank
Postbank to affect second-quarter and full-year profitability.

The Higher Regional Court of Cologne on Friday assessed claims from
former Postbank shareholders contending that a higher offer price
should have been paid in connection with Deutsche Bank's voluntary
takeover offer in October 2010.

The total value of the claims, inclusive of accumulated interest, is
estimated at around ?1.3 billion ($1.4 billion).

The court's indications during the hearing suggest potential validity
in some elements of the claims, which may impact Deutsche Bank's
estimation of future outflows and necessitate a legal provision in
the second quarter of 2024, the bank said in a statement.

Despite Deutsche Bank's staunch disagreement with the court's
assessment, the statements made by the court will influence the
bank's risk assessment regarding potential future financial
implications.

The company noted that it will continue its thorough analysis of the
legal arguments and the potential impact on financial statements.

Overall, Deutsche Bank does not foresee a significant impact on its
strategic plans or financial targets at this stage.


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