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Press release from Business Wire

Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of Localiza Rent a Car, S.A.

Tuesday, June 05, 2012

Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of Localiza Rent a Car, S.A.14:31 EDT Tuesday, June 05, 2012 NEW YORK (Business Wire) -- Deutsche Bank today announced its appointment as depositary bank for the Level I American Depositary Receipt (ADR) program of Brazil-based Localiza Rent a Car, S.A. (Localiza). Localiza is a Brazilian car rental company founded in 1973 and operates the largest car rental network in Latin America and one of the largest in the world. Localiza has a network of 501 rental locations in 315 cities in Brazil and a fleet of over 100,000 cars. Its network also includes 47 branches in 27 cities in 8 other countries in Latin America (Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay).* Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are delighted to be appointed as the depositary bank for Localiza's ADR program. We look forward to working with Localiza in the management of its program and are pleased to expand our portfolio of Brazilian clients.” *Source: Localiza (June 2012) About Deutsche Bank Deutsche Bank is a leading global investment bank with a strong private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates. www.db.com Trust & Securities Services Deutsche Bank's Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on www.adr.db.com or www.tss.db.com. This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York. The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice 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. This announcement appears as a matter of record only. 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 notice 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© June 2012 Deutsche Bank AG. All rights reserved. Deutsche Bank AGDuncan King, +1 212 250 4864Press & Media Relationsduncan.king@db.com