DEUT - Deutsche Bank AG - Notice of expiry WAVES

DEUT - Deutsche Bank AG - Notice of expiry WAVES                                
Deutsche Bank AG                                                                
 (incorporated under the laws of the Federal Republic of Germany)               
acting through its London branch                                              
Notice of expiry WAVES                                                          
Please note the following WAVES have expired on 17 February 2011                
JSE Code    ISIN Code           Cover       Strike      Call/Put                
Ratio       Level                                

TOPDWD     DE000DB3N7F2        5000                    C                        
                                           25000                                
TOPDWE     DE000DB3N7G0        5000                    C                        
26000                                

The Warrants are exercisable only in accordance with the terms and conditions as
set in Deutsche Bank`s programme memorandum and relevant pricing supplement     
("the documents").                                                              
For further information contact:                                                
X-markets - Tel (011) 775-7236                                                  
or e-mail x-markets.za@db.com                                                   
Date: 18/02/2011 10:28:04 Supplied by www.sharenet.co.za                     
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