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 TOPDWI Short Name DB TOPCIW Long Name DB TOP 3750CI 0002 APR14 Underlying Name TOP40- Tradable Expiry 10 April 2014 Strike 37500 Barrier 37500 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 09 October 2013 ISIN DE000DE3WBT6 Code TOPDWT Short Name DB TOPPTW Long Name DB TOP 4000PT 0002 APR14 Underlying Name TOP40- Tradable Expiry 10 April 2014 Strike 40000 Barrier 40000 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 09 October 2013 ISIN DE000DE3WBU4 Code TOPDWU Short Name DB TOPPUW Long Name DB TOP 4400PU 0002 APR14 Underlying Name TOP40- Tradable Expiry 10 April 2014 Strike 44000 Barrier 44000 Cover 5000:1 No. of Securities Up to 3000 000 Listing date 09 October 2013 ISIN DE000DE3WBV2 The JSE Limited Issuer Services Division has approved the listing of the above mentioned WAVE/s and trading will commence on 9 October 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 internal use only For further information contact: X-markets Team Tel: +27 11 775 7014 E-mail: x-markets@db.co.za Deutsche Securities 9 October 2013 For internal use only Date: 09/10/2013 10:45:00 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.