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 20 Oct 2011                     
Code   Short Name   Long Name     ISIN          Expiry     Strike  Call/Put     
TOPDWV DB TOP PV W  DB TOP        DE000DB7Q0D5  10/20/2011 32000   P            
                   3200PV 0002                                                  
                   OCT11                                                        
TOPDWW DB TOP PW W  DB TOP        DE000DB7RDF5  10/20/2011 30000   P            
3000PW 0002                                                  

                   OCT11                                                        
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: 21/10/2011 09:57:39 Supplied by www.sharenet.co.za                     
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