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Deutsche Bank Appointed as Depositary Bank for the Global Depositary Receipt Program of Hatton National Bank Limited.


LONDON -- Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank  today announced its appointment as depositary bank for the Luxembourg Stock Exchange-listed Regulation S Global Depositary Receipt depositary receipt

A negotiable certificate that represents a company's publicly traded debt or equity. Depositary receipts are created when a company's shares or bonds are delivered to a depositary's custodian bank, which instructs the depositary to issue
 (GDR GDR

See Global Depositary Receipt (GDR).
) program of Hatton National Bank Hatton National Bank is a leading private (i.e., not government-owned) bank in Sri Lanka. History
  • 1888: RD Banks and AT Atkin established a small, private bank called Hatton Bank to cater to the needs of investors and laborers in Ceylon’s tea plantations.
 Limited (Hatton National Bank). E[acute accent acute accent
n.
A mark (´) indicating:
a. that a vowel is close or tense, as é in French été.

b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek.

c.
]Hatton National Bank was established in 1888 as the "Hatton Bank" to cater to the flourishing tea industry in the central region of Sri Lanka Sri Lanka (srē läng`kə) [Sinhalese,=resplendent land], formerly Ceylon, ancient Taprobane, officially Democratic Socialist Republic of Sri Lanka, island republic (2005 est. pop. . During the past two decades, through internal growth and acquisitions Hatton National Bank has become the largest private-sector bank in Sri Lanka with total consolidated assets of Rs165,580 million and total customer deposits of Rs120,969 million. Hatton National Bank operates 144 Customer Centers in Sri Lanka and representative offices in India and Pakistan, and has approximately 4,200 employees.(1) E[acute accent]Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, "We are pleased to welcome Hatton National Bank as a client, and as an introductory addition of Sri Lanka to our franchise. We look forward to working with the company to enhance visibility to their investor community in the form of GDRs." E[acute accent]Rajendra Theagarajah, Director/Chief Executive Officer at Hatton National Bank said, "This issue provides us with a great opportunity to profile the bank to a wider segment of international institutional and private investors. Every step in this process has been a tremendous experience for Hatton National Bank and we look forward to offering the expertise acquired during this issue to other Sri Lankan corporates having the potential to access international equity markets."

E[acute accent]About Deutsche Bank

E[acute accent]With Euro 901 billion in assets and 64,500 employees, Deutsche Bank offers unparalleled financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. E[acute accent]Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. .

E[acute accent]www.db.com

E[acute accent]Deutsche Bank, through its Trust & Securities Services business, is one of the leading depositary banks for American Depositary Receipts American Depositary Receipt (ADR)

Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue.
 (ADRs) and GDRs and a pioneer in the processing of Global Registered Shares. It currently administers over 150 programs for issuers in more than 35 countries. Trust & Securities Services at Deutsche Bank is also a leader in supporting complex debt structures. Through a fully integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network.  of specialist offices worldwide, the group provides domestic custody in 25 securities markets as well as trustee, agency, depositary, SPV SPV

sheeppox virus.
 management and related services for all types of financing including bonds, medium term note and commercial paper programs, asset backed and mortgage backed securities, CDOs, SIVs, project financings, escrows and syndicated loans. E[acute accent]This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG London.

E[acute accent](1)Source: Hatton National Bank Limited (June 2005)

E[acute accent]The Depositary Receipts have not been registered pursuant to the US Securities Act of 1933 (the "Act") and were sold pursuant to an exemption therefrom. Such Depositary Receipts may not be sold in the United States absent registration or applicable exemption from the registration requirements of the Act. The investment or investment service which is the subject of this announcement is not available to private customers as defined by the UK Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. . This announcement has been approved and/or communicated by Deutsche Bank AG London. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this announcement may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 17, 2005
Words:745
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