DEUTSCHE BANK AG - New Wave listing - TOPDWJ, TOPDWV, TOPDWW

New Wave listing - TOPDWJ, TOPDWV, 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                       TOPDWJ
      Short Name                 DB TOPCJW
      Long Name                  DB TOP 3950CJ 0002 MAY14
      Underlying Name            TOP40- Tradable
      Expiry                     8 May 2014
      Strike                     39500
      Barrier                    39500
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               14 November 2013
      ISIN                       DE000DE3WDG9

      Code                       TOPDWV
      Short Name                 DB TOPPVW
      Long Name                  DB TOP 4300PV 0002 MAY14
      Underlying Name            TOP40- Tradable
      Expiry                     8 May 2014
      Strike                     43000
      Barrier                    43000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               14 November 2013
      ISIN                       DE000DE3WDH7

      Code                       TOPDWW
      Short Name                 DB TOPPWW
      Long Name                  DB TOP 4600PW 0002 MAY14
      Underlying Name            TOP40- Tradable
      Expiry                     8 May 2014
      Strike                     46000
      Barrier                    46000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               14 November 2013
      ISIN                       DE000DE3WDJ3

The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 14 November 2013. 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

14 November 2013





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