DEUTSCHE BANK AG - New Wave Listing - TOPDWF, TOPDWG, TOPDWH and TOPDWW

New Wave Listing - TOPDWF, TOPDWG, TOPDWH and TOPDWW

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                      TOPDWF
      Short Name                DB TOPCFW
      Long Name                 DB TOP 3600CF 0002 MAY15
      Underlying Name           TOP40- Tradable
      Expiry                    14 May 2015
      Strike                    36000
      Barrier                   36000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              16 October 2014
      ISIN                      DE000DE9SJT4

      Code                      TOPDWG
      Short Name                DB TOPCGW
      Long Name                 DB TOP 3800CG 0002 MAY15
      Underlying Name           TOP40- Tradable
      Expiry                    14 May 2015
      Strike                    38000
      Barrier                   38000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              16 October 2014
      ISIN                      DE000DE9SJU2


      Code                      TOPDWH
      Short Name                DB TOPCHW
      Long Name                 DB TOP 3900CH 0002 MAY15
      Underlying Name           TOP40- Tradable
      Expiry                    14 May 2015
      Strike                    39000
      Barrier                   39000
      Cover                     5000:1
      No. of Securities         Up to 3000 000
      Listing date              16 October 2014
      ISIN                      DE000DE9SJS6
      Code                       TOPDWW
      Short Name                 DB TOPPWW
      Long Name                  DB TOP 4500PW 0002 MAY15
      Underlying Name            TOP40- Tradable
      Expiry                     14 May 2015
      Strike                     45000
      Barrier                    45000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               16 October 2014
      ISIN                       DE000DE9SJQ0




The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 16 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

16 October 2014

Date: 16/10/2014 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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