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PRESS RELEASE July 30, 1959

World Bank Announces Participation of Deutsche Bank AG in Loan to Kingdom of Norway

Deutsche Bank A.G. of Frankfurt Am Main, Germany, has agreed to participate to the extent of about $7,000,000 in the recent World Bank loan of $20 million to the Kingdom of Norway for Electric power projects. Deutsche Bank's participation, which will be in German marks, will consist of maturities falling due from March 15, 1964, through March 15, 1974. This is the second time that Deutsche Bank has participated in World Bank loans and is one of the largest single participations World Bank has had.