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 7 September 2012

Barrier Level:                       20,000 index points
Knock-Out Level:                     20,000 index points
JSE Code:                            TOPDWA
JSE Short Name:                      DB TOP CA W
JSE Long Name:                       DB TOP 2000CA 0002 SEP12
Isin Code:                           DE000DE29ZV3


Barrier Level:                       25,500 index points
Knock-Out Level:                     25,500 index points
JSE Code:                            TOPDWB
JSE Short Name:                      DB TOP CB W
JSE Long Name:                       DB TOP 2550CB 0002 SEP12
Isin Code:                           DE000DE29ZW1


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) 775-7824
E-mail:        x-markets.za@db.com

Date: 10/09/2012 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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