Deutsche Bank AG - Listing WAVEs Deutsche Bank AG (incorporated under the law of the Federal Republic of Germany) acting through its London branch. Issue of new Equity Index WAVEs Code TOPDWT Short Name DB TOPPTW Long Name DB TOP 3650PT 0002 AUG13 Underlying Name TOP40- Tradable Expiry 15 August 2013 Strike 36500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 11 January 2013 ISIN DE000DE3CD50 Code TOPDWU Short Name DB TOPPUW Long Name DB TOP 3700PU 0002 AUG13 Underlying Name TOP40- Tradable Expiry 15 August 2013 Strike 37000 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 11 January 2013 ISIN DE000DE3CD68 Code TOPDWV Short Name DB TOPPVW Long Name DB TOP 3750PV 0002 AUG13 Underlying Name TOP40- Tradable Expiry 15 August 2013 Strike 37500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 11 January 2013 ISIN DE000DE3CD76 Code TOPDWW Short Name DB TOPPWW Long Name DB TOP 3800PW 0002 AUG13 Underlying Name TOP40- Tradable Expiry 15 August 2013 Strike 38000 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 11 January 2013 ISIN DE000DE3CD84 Code TOPDWO Short Name DB TOPCOW Long Name DB TOP 3350CO 0002 AUG13 Underlying Name TOP40- Tradable Expiry 15 August 2013 Strike 33500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 11 January 2013 ISIN DE000DE3CD92 Code TOPDWA Short Name DB TOPCAW Long Name DB TOP 3450CA 0002 AUG13 Underlying Name TOP40- Tradable Expiry 15 August 2013 Strike 34500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 11 January 2013 ISIN DE000DE3CDA4 The JSE Limited Issuer Services Division has approved the listing of the above mentioned WAVE/s and trading will commence on 11 January 2013. 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: 11/01/2013 11:00:00 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.