DEUTSCHE BANK AG - Deutsche Bank AG- Listing WAVEs

Deutsche Bank AG- Listing WAVEs

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                        TOPDWD
      Short Name                  DB TOPCDW
      Long Name                   DB TOP 3350CD 0002 NOV13
      Underlying Name             TOP40- Tradable
      Expiry                      14 November 2013
      Strike                      33500
      Barrier                     33500
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                16 May 2013
      ISIN                        DE000DE3CQ48

      Code                        TOPDWE
      Short Name                  DB TOPCEW
      Long Name                   DB TOP 3450CE 0002 NOV13
      Underlying Name             TOP40- Tradable
      Expiry                      14 November 2013
      Strike                      34500
      Barrier                     34500
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                16 May 2013
      ISIN                        DE000DE3CQ55



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

16 May 2013

Date: 16/05/2013 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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