DEUTSCHE BANK AG - Expiry

Expiry

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 23 August 2012

Barrier Level:                       26,500 index points
Knock-Out Level:                     26,500 index points
JSE Code:                            TOPDWC
JSE Short Name:                      DB TOP CC W
JSE Long Name:                       DB TOP 2650CC 0002 AUG12
Isin Code:                           DE000DE3A3V7


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 team
Tel:           011 775 7824
E-mail:        x-markets.za@db.com

Date: 24/08/2012 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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