Deutsche Multi-Market Income Trust (formerly traded on the NYSE under the symbol “KMM”) and Deutsche Strategic Income Trust (formerly traded on the NYSE under the symbol “KST”) (the “Funds”) announced today the payment of their final liquidating distributions to shareholders of $9.039 per share for KMM and $12.629 per share for KST. Liquidation proceeds are expected to be disbursed on Monday, November 19, 2018. The liquidating distributions are being made pursuant to the Funds’ Plans of Liquidation, as announced on July 11, 2018. The liquidating distributions represent all of the Funds’ remaining net assets except for amounts set aside for reasonably ascertainable liabilities and obligations of the Funds.

The Funds express their appreciation to those shareholders who supported the Funds and their Board over the years.

Important Information

Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like “expect,” “anticipate,” “believe,” “intend,” and similar expressions. Such statements represent management’s current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the effects of adverse changes in market and economic conditions; (ii) legal and regulatory developments; and (iii) other additional risks and uncertainties.

Nothing contained herein is fiduciary or impartial investment advice that is individualized or directed to any plan, plan participant, or IRA owner regarding the advisability of any investment transaction, including any IRA distribution or rollover.

NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

DWS Distributors, Inc.

www.dws.com

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas, Inc. and RREEF America L.L.C. which offer advisory services. (R-062592-1) (11/18)

View source version on businesswire.com: https://www.businesswire.com/news/home/20181116005483/en/

For additional information:DWS Press Office (212) 250-0072Shareholder Account Information (800) 294-4366DWS Closed-End Funds (800) 349-4281 or 00-800-2287-2750 from outside the US