Please wait

QuickLinks -- Click here to rapidly navigate through this document

Exhibit 4.5


Schedule 1 to Exhibit 4.4
Individual Deviations from Standard MTIP Invitation Letter to
Members of the Management Board(1)

Name

  Maximum Incentive Amount (€)
for MTIP Tranche 2004

   
 
Kai-Uwe Ricke   750,000      
Dr. Karl-Gerhard Eick   562,500      
Dr. Heinz Klinkhammer   450,000      
René Obermann   450,000      
Konrad F. Reiss   450,000      
Walter Raizner   406,250
  pro rata, starting
  Nov. 1, 2004
  (participating

)
   

(1)
Thomas Holtrop and Josef Brauner resigned in 2004.

Maximum incentive amounts can only be reached if both 2004 plan targets are met. Amounts are payable in early 2007, according to the MTIP terms and conditions. Actual amounts accrued for 2004 to be found in Item 6. See Exhibits 4.3 and 4.4 for further details.




QuickLinks

Schedule 1 to Exhibit 4.4 Individual Deviations from Standard MTIP Invitation Letter to Members of the Management Board(1)