DEUTSCHE BANK AG - Wave Listing - TOPDWZ

Wave Listing - TOPDWZ

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 4400PZ 0002 OCT14
      Underlying Name             TOP40- Tradable
      Expiry                      08 October 2014
      Strike                      44000
      Barrier                     44000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                08 April 2014
      ISIN                        DE000DE8FJV9




The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 08 April 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

08 April 2014

Date: 08/04/2014 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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