DEUTSCHE BANK AG - Deutsche Bank AG - Stub Knock Out - DBNPNE

Deutsche Bank AG - Stub Knock Out - DBNPNE

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

Rump Certificate on Naspers Ltd less Tencent Holdings Ltd

Share code: DBNPNE
ISIN: DE000DT7HVA9

(“Naspers STUB”)

Notice: Termination of listing – DBNPNE

Holders of Naspers STUB certificates are advised that the securities have been
redeemed early, effective date 07 January 2016, in accordance with Issuer’s
Redemption Rights due to the observed Stub Differential Factor for the securities
being less than the Threshold Stub Differential Factor on 07 January 2016. Security
holders of DBNPNE are advised the official redemption amount payable on or about
Friday, 15 January 2016 will be ZAR 41.03 per security.


08 January 2016


Manager or Issuer:
Deutsche Bank AG, London

For further information contact:
Tel:      +27 11 775 7824
E-mail:   x-markets@db.co.za

Date: 08/01/2016 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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