New York, Tuesday, 22 July, 2008– Deloitte Touche Tohmatsu (“Deloitte”) today announced that fiscal year 2008 aggregate member firm revenue increased by 18.6 percent in U.S. dollars, and 13.0 percent in local currencies, to US$27.4 billion. This marks Deloitte’s sixth consecutive year of U.S. dollar double-digit revenue growth from continuing operations. Every service line and every geographic region delivered strong growth. Deloitte aggregate revenues were US$23.1 billion in FY2007.

The Australian firm also announced its revenues of A$772 million for fiscal year 2008, an increase of 25%.

“Our strong growth was driven by rising demand for audit, tax, consulting, forensic and corporate finance services across both our middle market practice, ASX 200 and Government clients,” commented Giam Swiegers, Deloitte CEO in Australia.

When announcing the global results, Deloitte Global CEO Jim Quigley said, “Our people’s continued focus on excellence and their demonstrated ability to work together across geographies to meet our clients’ needs is fundamental to our success. Our results show that our client-centric business model built upon a global culture of consultation and collaboration - and delivery through strong member firms with global connections - is a winning strategy.”

In the past year, Deloitte grew by approximately 15,000 people with considerable growth in the emerging markets. Deloitte’s firms in Brazil, Russia, India, and China (“BRIC”) have experienced 90 percent growth in the number of professionals in the past three years. Globally, Deloitte now has approximately 165,000 people operating in approximately 140 countries.

Quigley continued, “Our strong global culture unites all of our people, bringing consistency to everything we do. We are focused on providing the same high quality Deloitte experience to all of our clients regardless of their size or geographic location.

“Our culture is clearly our strength, and our firms are committed to its ongoing development. This was evidenced earlier this month in the United States, where our U.S. member firm announced a US$300 million investment to build a state of the art learning and development center for our people. The decision to build Deloitte University is a very significant and tangible commitment to our talent and to the importance of our culture.”

Deloitte also remains committed to building upon its strong reputation as a responsible global citizen. Its professionals have always been passionate about making a positive impact on the communities in which they work and live. Today, they are more dedicated than ever to strengthening corporate responsibility. As DTT Chairman John Connolly notes, "It's the right thing for all businesses to play their part in the overall corporate responsibility agenda. At Deloitte we recognize corporate responsibility as a strategic priority and strive to significantly elevate our impact on a global level."

Financial Advisory services grew at 26.6 percent to US$2.4 billion, followed by consulting services at 22.2 percent to US$6.3 billion, tax and legal at 20.4 percent to US$6.0 billion, and audit at 14.8 percent to US$12.7 billion.

Asia Pacific led with revenue growth of 30.3 percent to US$3.2 billion, with every Asia Pacific member firm delivering double-digit revenue growth. Europe, the Middle East, and Africa increased revenue by 22.6 percent to US$11.3 billion, with CIS growing at 40.8 percent. The Americas improved revenues by 12.9 percent to US$13.0 billion, with Latin America and the Caribbean leading the region, with 22.4 percent revenue growth.

Quigley remains confident about Deloitte’s continued success because of the strength of its model, which combines local depth and global scale. “These are clearly uncertain economic times. Our focus on innovation together with our strong global culture and diversity of skills will enhance our ability to assist our clients as they compete in these turbulent times. At Deloitte, we remain focused on our long-term success and will continue to invest in our people, new products and services, and maintain our long-standing commitment to corporate responsibility," he said.

Details of the DTT financial results and its firms’ approach to clients and people are available on www.deloitte.com