DEUTSCHE BANK AG - Deutsche Bank AG - New Wave Listing - TOPDWU, TOPDWV, TOPDWD and TOPDWE

Deutsche Bank AG - New Wave Listing - TOPDWU, TOPDWV, TOPDWD and TOPDWE

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                      TOPDWU
      Short Name                DB TOPPUW
      Long Name                 DB TOP 4600PU 0002 APR15
      Underlying Name           TOP40- Tradable
      Expiry                    9 April 2015
      Strike                    46000
      Barrier                   46000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              8 October 2014
      ISIN                      DE000DE9SJ68

      Code                      TOPDWV
      Short Name                DB TOPPVW
      Long Name                 DB TOP 4700PV 0002 APR15
      Underlying Name           TOP40- Tradable
      Expiry                    9 April 2015
      Strike                    47000
      Barrier                   47000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              8 October 2014
      ISIN                      DE000DE9SJ76


      Code                      TOPDWD
      Short Name                DB TOPCDW
      Long Name                 DB TOP 4000CD 0002 APR15
      Underlying Name           TOP40- Tradable
      Expiry                    9 April 2015
      Strike                    40000
      Barrier                   40000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              8 October 2014
      ISIN                      DE000DE9SJ84
      Code                       TOPDWE
      Short Name                 DB TOPCEW
      Long Name                  DB TOP 4100CE 0002 APR15
      Underlying Name            TOP40- Tradable
      Expiry                     9 April 2015
      Strike                     41000
      Barrier                    41000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               8 October 2014
      ISIN                       DE000DE9SJ92




The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 8 October 2014. 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

8 October 2014

Date: 08/10/2014 10:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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