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Wed 4 Jul 2007, 8:00 Deutsche Bank AG - Issue of new index / equity War
JSE
 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         
Richemont       RCHDBL      DE000DB9DCV0  4800    AC    24-Jan-08  6:1          
Securities AG                                                                   
Richemont       RCHDBW      DE000DB9DCW8  4100    EP    24-Jan-08  6:1          
Securities AG                                                                   
Remgro Limited  REMDBA      DE000DB9DCX6  20500   AC    24-Jan-08  20:1         
Remgro Limited  REMDBP      DE000DB9DCY4  17500   EP    24-Jan-08  20:1         
SABMiller plc   SABDBE      DE000DB9DCZ1  20000   AC    24-Jan-08  20:1         
SABMiller plc   SABDBQ      DE000DB9DDA2  17000   EP    24-Jan-08  20:1         
Sappi Limited   SAPDBF      DE000DB9DDB0  15000   AC    24-Jan-08  25:1         
Sappi Limited   SAPDBR      DE000DB9DDC8  13000   EP    24-Jan-08  25:1         
Telkom SA       TKGDBI      DE000DB9DDD6  19500   AC    24-Jan-08  25:1         
Limited                                                                         
Telkom SA       TKGDBV      DE000DB9DDE4  17000   EP    24-Jan-08  25:1         
Limited                                                                         
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned Warrant/s and trading will commence on 4 July 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: 04/07/2007 08:00:10 Produced by the JSE SENS Department.
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