DEUTSCHE BANK AG - Deutsche Bank AG - New WAVE listing - TOPDWB, TOPDWC and TOPDWS

Deutsche Bank AG - New WAVE listing - TOPDWB, TOPDWC and TOPDWS

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                        TOPDWB
      Short Name                  DB TOPCBW
      Long Name                   DB TOP 4400CB 0002 DEC14
      Underlying Name             TOP40- Tradable
      Expiry                      11 December 2014
      Strike                      44000
      Barrier                     44000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                14 July 2014
      ISIN                        DE000DE8FXJ5

      Code                        TOPDWC
      Short Name                  DB TOPCCW
      Long Name                   DB TOP 4500CC 0002 DEC14
      Underlying Name             TOP40- Tradable
      Expiry                      11 December 2014
      Strike                      45000
      Barrier                     45000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                14 July 2014
      ISIN                        DE000DE8FXK3

      Code                        TOPDWS
      Short Name                  DB TOPPSW
      Long Name                   DB TOP 4900PS 0002 DEC14
      Underlying Name             TOP40- Tradable
      Expiry                      11 December 2014
      Strike                      49000
      Barrier                     49000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                14 July 2014
      ISIN                        DE000DE8FXL1



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

14 July 2014

Date: 14/07/2014 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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