DEUTSCHE BANK AG - New Wave listing - TOPDWO and TODPWP

New Wave listing - TOPDWO and TODPWP

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                        TOPDWO
      Short Name                  DB TOPCOW
      Long Name                   DB TOP 4200CO 0002 NOV14
      Underlying Name             TOP40- Tradable
      Expiry                      12 November 2014
      Strike                      42000
      Barrier                     42000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                8 May 2014
      ISIN                        DE000DE8FLN2

      Code                        TOPDWP
      Short Name                  DB TOPPPW
      Long Name                   DB TOP 4700PP 0002 NOV14
      Underlying Name             TOP40- Tradable
      Expiry                      12 November 2014
      Strike                      47000
      Barrier                     47000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                8 May 2014
      ISIN                        DE000DE8FLP7




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

Date: 08/05/2014 09:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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