09:31     <04464>, <04466>, <04468> & <04470> - Announcement (1)              

    The Stock Exchange of Hong Kong Limited (the "Stock Exchange") takes no   
    responsibility for the contents of this announcement, makes no            
    representation as to its accuracy or completeness and expressly           
    disclaims any liability whatsoever for any loss howsoever arising from    
    or in reliance upon the whole or any part of the contents of this         
    announcement.                                                             
                                                                              
    Notice of Expiry of Warrants                                              
                                                                              
    issued by                                                                 
    DEUTSCHE BANK AG                                                          
    (incorporated under the laws of the Federal Republic of Germany)          
    acting through its London Branch                                          
                                                                              
    This Notice of Expiry relates to the following warrants (together, the    
    "Warrants"):                                                              
                                                                              
    Stock Code                     4464                 4466                  
                                                                              
    Company                China Mobile    Hutchison Whampoa                  
                    (Hong Kong) Limited              Limited                  
                                                                              
    Shares              Existing issued      Existing issued                  
                     ordinary shares of   ordinary shares of                  
                           HK$0.10 each         HK$0.25 each                  
                         of the Company       of the Company                  
                                                                              
    Type                           Call                 Call                  
                                                                              
    Issue Size              250,000,000          500,000,000                  
                                                                              
    Expiry Date        14th March, 2005     14th March, 2005                  
                                                                              
    Exercise Price             HK$23.50             HK$70.00                  
                                                                              
    Board Lots           5,000 Warrants      10,000 Warrants                  
                                                                              
    Exercise Amount         10 Warrants          10 Warrants                  
                                                                              
    Expected Last                                                             
      Trading Day       8th March, 2005      8th March, 2005                  
                                                                              
    Closing price per                                                         
      Warrant as of                                                           
      1st March, 2005          HK$0.207             HK$0.088                  
                                                                              
    Closing price per                                                         
      Share as of                                                             
      1st March, 2005          HK$25.25             HK$70.25                  
                                                                              
                     4468                 4470                                
                                                                              
             China Mobile    Hutchison Whampoa                                
      (Hong Kong) Limited              Limited                                
                                                                              
          Existing issued      Existing issued                                
       ordinary shares of   ordinary shares of                                
             HK$0.10 each         HK$0.25 each                                
           of the Company       of the Company                                
                                                                              
                      Put                  Put                                
                                                                              
              250,000,000          500,000,000                                
                                                                              
         14th March, 2005     14th March, 2005                                
                                                                              
                 HK$22.75             HK$58.00                                
                                                                              
           5,000 Warrants      10,000 Warrants                                
                                                                              
              10 Warrants          10 Warrants                                
                                                                              
          8th March, 2005      8th March, 2005                                
                                                                              
                 HK$0.011             HK$0.010                                
                                                                              
                 HK$25.25             HK$70.25                                
                                                                              
    Deutsche Bank AG (the "Issuer") acting through its London Branch would    
    like to remind holders of the Warrants that under the terms and           
    conditions of the Warrants (the "Conditions"), the rights to exercise     
    the Warrants will expire at 10:00 a.m. (Hong Kong time) on the relevant   
    Expiry Date (subject to adjustment).