DEUTSCHE BANK AG - Issue of new Index Equity WAVEs

Deutsche Bank AG

(incorporated under the law of the Federal Republic of Germany)
acting through its London branch


Issue of new Index Equity WAVEs


     Code                            TOPDWH                           TOPDWI
     Short Name                      DB TOP CH W                      DB TOP CI W
     Long Name                       DB TOP 2750CH 0002 FEB 13        DB TOP 2850CI 0002 FEB 13
     Underlying Name                 TOP40-Tradeable                  TOP40-Tradeable
     Expiry                          21/02/2013                       21/02/2013
     Strike                          27500                            28500
     Iss.Price                       3.00                             2.00
     Cover                           5000:1                           5000:1
     No. of Securities               Up to 3 000 000                  Up to 3 000 000
     Listing Date                    18/07/2012                       18/07/2012
     ISIN                            DE000DE3BFE3                     DE000DE3BFF0



The JSE Limited Issuer Services Division has approved the listing of the above mentioned WAVE/s and trading will
commenced on 18 July 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: 18/07/2012 11:00:00 Supplied by www.sharenet.co.za                     
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