Registration of Securities Under the Securities Regulation Code

August 15, 2008 CORPORATION FINANCE DEPARTMENT IN THE MATTER OF THE DWS DEUTSCHE PHILIPPINE EQUITY FUND, INC., registrant. REGISTRATION OF SECURITIES UNDER THE SECURITIES REGULATION C OD E ORDER Upon consideration of the Registration Statement and other papers and documents attached thereto which were filed for and on behalf of DWS DEUTSCHE PHILIPPINE EQUITY FUND, INC. the Commission, in its meeting of July 31, 2008, resolved to approve the application of said corporation to act as an investment company under the Investment Company Act and its Implementing Rules and Regulations and to render effective its Registration Statement coveting its Two Hundred Million (200,000,000) common shares with a par value of One Centavo (P0.01) each, representing its entire authorized capital stock, subject to compliance with the reporting and other requirements of the Securities Regulation Code, Investment Company Act and their Implementing Rules and Regulations, Code of Corporate Governance and to further orders of the Securities and Exchange Commission. CcTHaD A Certificate of Permit to Offer Securities for Sale authorizing the sale of said securities is issued with this Order. Let a copy of this ORDER be published at the expense of the corporation once a week for two (2) consecutive weeks in two (2) newspapers of general circulation in the Philippines within ten (10) days from the date of this ORDER. The subject company is hereby directed to furnish the Commission with a copy of the affidavit of publication of this ORDER. SO ORDERED. August 15, 2008, EDSA, Greenhills, City of Mandaluyong, Metro Manila, Philippines. (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on August 23 and 25, 2008.