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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 Warrant/s                 
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
Issue of new index / equity Warrant/s                                           
Underlying Derivative  ISIN         Strike  Type    Expiry      Cover           
                                                               Ratio            
FTSE / JSE TOPDBD      DE000DB9DLC1 27000   EC      13-Dec-07   3000:1          
Top 40                                                                          
Index                                                                           
FTSE / JSE TOPDBS      DE000DB9DLD9 24500   EP      13-Dec-07   3000:1          
Top 40                                                                          
Index                                                                           
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned Warrant/s and trading will commence on 14th May 2007. Settlement of   
the Warrant/s will be effected electronically through the STRATE system of the  
JSE and accordingly, certificates evidencing the WAVES 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                                                                       
Tel:      +27 11 7757236                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 14/05/2007 08:00:01 Produced by the JSE SENS Department.
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