DEUTSCHE BANK AG - Deutsche Bank AG- New Listing- TOPDWZ, TOPDWP and TOPDWQ

Deutsche Bank AG- New Listing- TOPDWZ, TOPDWP and TOPDWQ

Deutsche Bank AG (incorporated under the law of the Federal Republic of Germany) acting
through its London branch.

Issue of new Equity Index WAVEs


      Code                      TOPDWZ
      Short Name                DB TOPPZW
      Long Name                 DB TOP 4900PZ 0002 SEP15
      Underlying Name           TOP40- Tradable
      Expiry                    10 September 2015
      Strike                    49000
      Barrier                   49000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              20 February 2015
      ISIN                      DE000DT0T3H6

      Code                      TOPDWP
      Short Name                DB TOPPPW
      Long Name                 DB TOP 5000PP 0002 SEP15
      Underlying Name           TOP40- Tradable
      Expiry                    10 September 2015
      Strike                    50000
      Barrier                   50000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              20 February 2015
      ISIN                      DE000DT0T3J2


      Code                      TOPDWQ
      Short Name                DB TOPPQW
      Long Name                 DB TOP 5400PQ 0002 SEP15
      Underlying Name           TOP40- Tradable
      Expiry                    10 September 2015
      Strike                    54000
      Barrier                   54000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              20 February 2015
      ISIN                      DE000DT0T3K0
The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 10 February 2015. Settlement of the WAVE/s will be
effected electronically through the STRATE system of the JSE and accordingly, certificates
evidencing the WAVE/s will not be issued to holders. All members of the JSE may participate in
trading, which will occur according to normal JSE rules. Copies of the pricing supplement can be
obtained from Deutsche Securities (Pty) Limited. The securities contain a knock-out feature.
Investors should be aware of the fact that as soon as a Knock-out Event has occurred the
securities become worthless.


For further information contact:
X-markets Team
Tel:           +27 11 775 7014
E-mail:        x-markets@db.co.za

Deutsche Securities

20 February 2015

Date: 20/02/2015 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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