DEUTSCHE BANK AG LONDON - Notice: Termination of listing - DBNPAO

Notice: Termination of listing - DBNPAO

Deutsche Bank AG London

Notice: Termination of listing

JSE Code:         DBNPAO
Short Name:       DBSTNPAO
Long Name:        DB STUBNPAO 17JUL2018
Underlying:       Naspers Limited (NPN)
Listing Date:     17 January 2018
Expiry Date:      17 July 2018
ISIN:             DE000DS0KVB7

(“Naspers STUB”)

Holders of Naspers STUB certificates are advised that the securities have
been redeemed early, effective date 5 February 2018, in accordance with the
Issuer’s Redemption Rights due to the observed Stub Differential Factor for
the securities being less than the Threshold Stub Differential Factor on
5 February 2018. Early Redemption Price and Payment Date will be communicated
on 6 February 2018.


5 February 2018

Manager or Issuer:
Deutsche Bank AG, London

For further information contact:
Tel:      +27 11 775 7079
E-mail:   caitlin.van-rensburg@db.com

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