DWS Scudder to Transform The Via at Two Rodeo Drive into a Ski Village on Jan. 23...

DWS Scudder to Transform The Via at Two Rodeo Drive into a Ski Village on Jan. 23 to Kick off DWS Climate Change Fund Tour

Event to Feature Ski Slope With 25 Tons of Snow, Live Snowboard
Demonstration
LOS ANGELES & NEW YORK--(Business Wire)--DWS Scudder, the U.S. retail unit of Deutsche Bank's Asset
Management division, will transform The Via at Two Rodeo Drive in
Beverly Hills into the DWS Climate Change Ski Village on Jan. 23 to
kick off a nation-wide road show, consisting of 80+ separate events,
which includes an emphasis on its Climate Change Fund. Twenty-five
tons of snow will convert Two Rodeo into a ski slope with live
performances by Rossignol pro snowboarders accompanied by an alpine
village housing a bevy of corporate supporters and ice sculptures.

The event, designed to create a vivid demonstration of the
potential impacts of climate change, is intended to raise awareness of
related investment opportunities. Without taking a position on climate
change, DWS Climate Change Fund is on the cutting edge of climate
change investing as one of the first open-ended mutual funds which
seeks to invest in U.S. and foreign companies involved in climate
change adaptation and mitigation, or whose growth is supported by
increased environmental regulation.

Philipp Hensler, CEO and Chairman, DWS Scudder Distributors, Mark
Fulton, Deutsche Bank Asset Management's Climate Change Strategist,
and Antonio Galloni, Director and Senior Product Specialist on DWS
Climate Change Fund, will be available for press interviews.

(Other event supporters include: The Wall Street Journal,
Rossignol, Coffee Bean & Tea Leaf Company, and Icelandic Glacial, a
carbon-neutral certified bottled water company.)

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WHO: DWS Scudder, the U.S. retail unit of Deutsche Bank's Asset
Management division (DeAM)

WHAT: Press event for DWS Climate Change Fund, a mutual fund that is
among the first to invest in companies engaged in the
mitigation of, and adaptation to, climate change, with over
US$2.6 billion in assets under management globally as of
11/30/07.

WHEN: Wednesday, Jan. 23, 2008

WHERE: The Via at Two Rodeo Drive, Intersection of Rodeo Drive and
Wilshire Blvd in Beverly Hills, CA

TIME: 11:00 A.M. - 2:00 P.M.
(Press Conference at 11:00 am)

** PLEASE NOTE A VNR WILL BE ASSEMBLED AND FED THE AFTERNOON
OF THE EVENT AND PRESS WILL BE ABLE TO CATCH THE FREE VIDEO
FEED OF THE EVENT.
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DWS Climate Change Fund invests in three major themes:

(1) Clean technologies, energy efficiency and environmental
management - includes alternative energy stocks, investments in
bio-fuels, solar, wind and other emerging technologies that will be
essential in responding to the challenges of climate change.

(2) Energy efficiency - includes companies that seek to mitigate
the effects of rising energy prices through energy efficient products
or technology, such as efficient insulation and lighting.

(3) Environmental management or adaptation - includes companies
whose products and services are targeted at dealing with damage to the
environment that may already be done or irreversible. E.g. waste
management, reconstruction and environmental consulting.

DWS Climate Change Fund is issued by DWS Scudder Distributors,
Inc. Class A, C, S, and Institutional shares will be offered through
financial advisors and institutions. The Fund's investment manager is
Deutsche Asset Management Americas.

For more information on DWS Scudder funds visit
www.dws-scudder.com.

This fund is subject to stock market risk. Investing in foreign
securities, particularly in emerging markets, presents, presents
certain unique risks not associated with domestic investments, such as
currency fluctuation, political and economic changes, including
emerging markets and market risks. Stocks of small-cap companies
involve greater risk than securities of larger, more-established
companies, as they often have limited product lines, markets or
financial resources and may be subject to more-erratic and more-abrupt
market movements. Additionally, the fund concentrates its investments
in climate change-related companies, increasing its vulnerability to
industry risks and regulatory developments. All of these factors may
result in greater share price volatility. Please read the prospectus
for specific details regarding the fund's risk profile.

VIEW A PROSPECTUS

To obtain a prospectus, download one from www.dws-scudder.com,
talk to your financial representative or call Shareholder Services at
(800) 621-1048. We advise investors to carefully consider the
product's objectives, risks, charges and expenses before investing.
The prospectus contains this and other important information about the
investment product. Read the prospectus carefully before you invest.

DWS Scudder

DWS Scudder is part of Deutsche Asset Management, which is the
marketing name in the US for the asset management activities of
Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche
Investment Management Americas Inc. and DWS Trust Company.

About Deutsche Asset Management

With approximately $798 billion in assets under management
globally (as of 30 September 2007), Deutsche Bank's Asset Management
division is one of the world's leading investment management
organizations, not just in size, but in quality and breadth of
investment products, performance and client service. The Asset
Management division provides a broad range of investment management
products across the risk/return spectrum.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong
and profitable private clients franchise. A leader in Germany and
Europe, the bank is continuously growing in North America, Asia and
key emerging markets. With 77,920 employees in 75 countries, Deutsche
Bank offers unparalleled financial services throughout the world. The
bank competes to be the leading global provider of financial solutions
for demanding clients creating exceptional value for its shareholders
and people.

www.dws-scudder.com

www.db.com

DWS Climate Change Fund is issued by DWS Scudder Distributors,
Inc., 222 South Riverside Plaza, Chicago, IL 60606-5808

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NOT FDIC/NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE
NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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This announcement is not an offer to purchase or the solicitation
of an offer to sell shares of the Fund or a prospectus, circular or
representation intended for use in the purchase or sale of Fund
shares.

53490 (01/08)

Rosalia Scampoli, +1 914-815-1465
or
Ted Meyer, +1 212-250-7253

Copyright Business Wire 2008