Deutsche Bank AG - Wave Listing 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 TOPDWG Short Name DB TOPCGW Long Name DB TOP 3550CG 0002 FEB14 Underlying Name TOP40- Tradable Expiry 13 February 2014 Strike 35500 Barrier 35500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 23 August 2013 ISIN DE000DE3CYM5 Code TOPDWH Short Name DB TOPCHW Long Name DB TOP 3650CH 0002 FEB14 Underlying Name TOP40- Tradable Expiry 13 February 2014 Strike 36500 Barrier 36500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 23 August 2013 ISIN DE000DE3CYQ6 Code TOPDWR Short Name DB TOPPRW Long Name DB TOP 4100PR 0002 FEB14 Underlying Name TOP40- Tradable Expiry 13 February 2014 Strike 41000 Barrier 41000 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 23 August 2013 ISIN DE000DE3CYN3 Code TOPDWS Short Name DB TOPPSW Long Name DB TOP 4200PS 0002 FEB14 Underlying Name TOP40- Tradable Expiry 13 February 2014 Strike 42000 Barrier 42000 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 23 August 2013 ISIN DE000DE3CYP8 The JSE Limited Issuer Services Division has approved the listing of the above mentioned WAVE/s and trading will commence on 23 August 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. The securities contain a knock-out feature. Investors should be aware of the fact that as soon as a Knock-out Event has occurred the securities become worthless. For further information contact: X-markets Team Tel: +27 11 775 7014 E-mail: x-markets@db.co.za Deutsche Securities 23 August 2013 Date: 23/08/2013 12:30:00 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.