DEUTSCHE BANK AG - Deutsche Bank AG - Wave Listing- TOPDWA, TOPDWQ & TOPDWR

Deutsche Bank AG - Wave Listing- TOPDWA, TOPDWQ & TOPDWR

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                        TOPDWA
      Short Name                  DB TOPCAW
      Long Name                   DB TOP 4300CA 0002 DEC14
      Underlying Name             TOP40- Tradable
      Expiry                      4 December 2014
      Strike                      43000
      Barrier                     43000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                2 June 2014
      ISIN                        DE000DE8FQQ4

      Code                        TOPDWQ
      Short Name                  DB TOPPQW
      Long Name                   DB TOP 4600PQ 0002 DEC14
      Underlying Name             TOP40- Tradable
      Expiry                      4 December 2014
      Strike                      46000
      Barrier                     46000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                2 June 2014
      ISIN                        DE000DE8FQN1

      Code                        TOPDWR
      Short Name                  DB TOPPRW
      Long Name                   DB TOP 5000PR 0002 DEC14
      Underlying Name             TOP40- Tradable
      Expiry                      4 December 2014
      Strike                      50000
      Barrier                     50000
      Cover                       5000:1
      No. of Securities           Up to 3000 000
      Listing date                2 June 2014
      ISIN                        DE000DE8FQP6



The JSE Limited Issuer Services Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 2 June 2014. 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

2 June 2014

Date: 02/06/2014 10:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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