TOPDWH - Notice : Termination of Listing - TOPDWH - Index Wave (Call)

TOPDWH - Notice : Termination of Listing - TOPDWH - Index Wave (Call)           
Deutsche Bank AG                                                                
 (incorporated under the laws of the Federal Republic of Germany)               
acting through its London branch                                              
Amendments to initial SENS Announcement                                         
NOTICE : TERMINATION OF LISTING - TOPDWH - INDEX WAVE (Call)                    
Barrier Level:             28,250 index points                                  
Knock-Out Level:           28,250 index points                                  
JSE Code:                  TOPDWH                                               
JSE Short Name:            DB TOP CH W                                          
JSE Long Name:             DB TOP 2825 CH 0002 OCT11                            
Isin Code:                 DE000DB7Q0C7                                         
In terms of the Pricing Supplement read with the Product Conditions, the listing
of TOPDWH terminated automatically when the FTSE / JSE Top 40 Index ("the       
Index") was equal to or below the Barrier Level of 28,250 index points. The     
Index was equal to / below this level of 28,250 index points on 10 March 2011.  
For further information contact:                                                
X-markets Team                                                                  
Tel:      +27 11 775 7991                                                       
Date: 22/03/2011 12:11:02 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.