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Mon 14 May 2007, 8:00 DEUT - Deutsche Bank AG - Issue of new index / equ
JSE
 DEUT                                                                            
DEUT - Deutsche Bank AG - Issue of new index / equity WAVE/s                    
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
Issue of new index / equity WAVE/s                                              
Underlying Derivative  ISIN         Strike  Type    Expiry       Cover          
                                                                Ratio           
FTSE / JSE TOPDWS      DE000DB9DLE7 27000   EP      13-Dec-07    5000:1         
Top 40                                                                          
Index                                                                           
FTSE / JSE TOPDWT      DE000DB9DLF4 27500   EP      13-Dec-07    10000:1        
Top 40                                                                          
Index                                                                           
FTSE / JSE TOPDWL      DE000DB9DLG2 24000   EC      13-Dec-07    10000:1        
Top 40                                                                          
Index                                                                           
FTSE / JSE TOPDWM      DE000DB9DLH0 24500   EC      13-Dec-07    5000:1         
Top 40                                                                          
Index                                                                           
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commence on 14th May 2007. 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.                                                       
For further information contact:                                                
X-markets Team                                                                  
Tel:      +27 11 7757236                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 14/05/2007 08:00:03 Produced by the JSE SENS Department.
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