DEUTSCHE BANK AG - Deutsche Bank AG- Listing of new WAVEs: TOPDWF,TOPDWG,TOPDWV

Deutsche Bank AG- Listing of new WAVEs: TOPDWF,TOPDWG,TOPDWV

Deutsche Bank AG (incorporated on 10 March 1870 under the law of the Federal Republic of
Germany) acting through its London branch.

Issue of new Equity Index WAVEs


      Code                       TOPDWF
      Short Name                 DB TOPCFW
      Long Name                  DB TOP 4100CF 0002 FEB16
      Underlying Name            TOP40- Tradable
      Expiry                     18 February 2016
      Strike                     41000
      Barrier                    41000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               7 September 2015
      ISIN                       DE000DT7HBL8

      Code                       TOPDWG
      Short Name                 DB TOPCGW
      Long Name                  DB TOP 4200CG 0002 FEB16
      Underlying Name            TOP40- Tradable
      Expiry                     18 February 2016
      Strike                     42000
      Barrier                    42000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               7 September 2015
      ISIN                       DE000DT7HBM6


      Code                       TOPDWV
      Short Name                 DB TOPPVW
      Long Name                  DB TOP 4700PV 0002 APR16
      Underlying Name            TOP40- Tradable
      Expiry                     18 February 2016
      Strike                     47000
      Barrier                    47000
      Cover                      5000:1
      No. of Securities          Up to 3000 000
      Listing date               7 September 2015
      ISIN                       DE000DT7HBN4




The JSE Limited Issuer Regulation Division has approved the listing of the above mentioned
WAVE/s and trading will commence on 7 September 2015. 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. The product Pricing Supplement is
available on www.x-markets.db.com. 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

7 September 2015

Date: 07/09/2015 10:56:00 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.