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Thu 16 Aug 2007, 12:51 DEUT - Deutsche Bank AG - Notice of expiry Warrant
JSE   SAPDBPMLADBCPIKDBATOPDWIPIKDBPMLADBRSAPDBA
 DEUT                                                                            
DEUT - Deutsche Bank AG - Notice of expiry Warrants                             
Deutsche Bank AG                                                                
(incorporated under the laws of the Federal Republic of Germany)                
acting through its London branch                                                
Notice of expiry WARRANTS                                                       
  JSE Code         Underlying        ISIN Code    Expiry Date   Issue Size      
                    Security                                                    
MLADBC      Mittal Steel South   ZAE000091807  2007-Aug-16   50,000,000      
               Africa Ltd                                                       
   MLADBR      Mittal Steel South   ZAE000091815  2007-Aug-16   50,000,000      
               Africa Ltd                                                       
PIKDBA      Pick `n Pay Stores   ZAE000091823  2007-Aug-16   50,000,000      
               Ltd                                                              
   PIKDBP      Pick `n Pay Stores   ZAE000091831  2007-Aug-16   50,000,000      
               Ltd                                                              
SAPDBA      Sappi Ltd            ZAE000091849  2007-Aug-16   50,000,000      
   SAPDBP      Sappi Ltd            ZAE000091856  2007-Aug-16   50,000,000      
   TOPDWI      FTSE / JSE Top 40   ZAE000091047   2007-Aug-16   50,000,000      
               Index                                                            
JSE Code        Underlying      Strike Level  Cover Ratio     Type             
                  Security                                                      
  MLADBC      Mittal Steel          112.00        25.00          C              
              South Africa Ltd                                                  
MLADBR      Mittal Steel           98.00        25.00          P              
              South Africa Ltd                                                  
  PIKDBA      Pick `n Pay            38.00         8.00          C              
              Stores Ltd                                                        
PIKDBP      Pick `n Pay            32.00         8.00          P              
              Stores Ltd                                                        
  SAPDBA      Sappi Ltd             115.00        25.00          C              
  SAPDBP      Sappi Ltd              95.00        25.00          P              
TOPDWI      FTSE / JSE Top 40    21,500.00    10,000.00       C               
              Index                                                             
The Warrants are exercisable only in accordance with the terms and conditions   
as set in Deutsche Bank`s programme memorandum and relevant pricing supplement  
("the documents"). Copies of the documents can be obtained from the offices of  
Deutsche Securities (Pty) Limited, 3 Exchange Square, 87 Maude Street,          
Sandton.                                                                        
For further information contact:                                                
X-markets                                                                       
Tel:      +27 11 7757994                                                        
E-mail:   x-markets@db.co.za                                                    
Date: 16/08/2007 12:51:57 Produced by the JSE SENS Department.                  
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