DEUTSCHE BANK AG - Deutsche Bank AG- Listing

Deutsche Bank AG- Listing

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                       TOPDWR
      Short Name                 DB TOP PR W
      Long Name                  DB TOP 3550PR 0002 JUL13
      Underlying Name            TOP40- Tradable
      Expiry                     18 July 2013
      Strike                     35500
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               12 November 2012
      ISIN                       DE000DE3BYM7

      Code                       TOPDWS
      Short Name                 DB TOP PS W
      Long Name                  DB TOP 3600PS 0002 JUL13
      Underlying Name            TOP40- Tradable
      Expiry                     18 July 2013
      Strike                     36000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               12 November 2012
      ISIN                       DE000DE3BYN5

      Code                       TOPDWM
      Short Name                 DB TOP CM W
      Long Name                  DB TOP 3250CM 0002 JUL13
      Underlying Name            TOP40- Tradable
      Expiry                     18 July 2013
      Strike                     32500
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               12 November 2012
      ISIN                       DE000DE3BYP0


The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 12 November 2012. 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.

For further information contact:
X-markets Team
Tel:           +27 11 775 7824
E-mail:        x-markets@db.co.za

Deutsche Securities

Date: 12/11/2012 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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