DEUTSCHE BANK AG LONDON - DBGAN2 Expiry

DBGAN2 Expiry

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

Notice of security expiry:

Please note the following security expired on 29 July 2016:

JSE Code: DBGAN2
ISIN Code: DE000DE29E38
Expiry Price: ZAR 90.00

The exchange traded note is exercisable only in accordance with the terms and conditions
as set in Deutsche Bank's programme memorandum and relevant pricing supplement.

Holders of the security are advised that settlement will take place via Strate and the
proceeds will be payable on or about Friday, 05 August 2016.


01 August 2016

For further information contact:
Tel:           (011) 775-7824

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