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Thu 20 Sep 2007, 15:51 DEUT - Deutsche Bank AG - Notice Of Expiry Warrant
JSE   TOPDBRFNDDBATKGDBUTKGDBHFNDDBPTOPDBCTOPDWJSABDBPSABDBD
 DEUT                                                                            
DEUT - Deutsche Bank AG - Notice Of Expiry Warrants And Waves                   
DEUTSCHE BANK AG                                                                
(incorporated under the laws of the Federal Republic of Germany)                
acting through its London branch                                                
Notice of expiry WARRANTS and WAVES                                             
Underlying Security              JSE      ISIN Code      Cover Ratio            
                                Code                                            
SABMiller plc                    SABDBD   ZAE000092391   20:1                   
SABMiller plc                    SABDBP   ZAE000092409   20:1                   
Telkom SA Limited                TKGDBH   ZAE000092417   33.98:1                
Telkom SA Limited                TKGDBU   ZAE000092425   33.98:1                
FTSE/JSE Financial & Industrial  FNDDBA   ZAE000092433   3000:1                 
30 Index                                                                        
FTSE/JSE Financial & Industrial  FNDDBP   ZAE000092441   3000:1                 
30 Index                                                                        
FTSE / JSE Top 40 Index          TOPDBC   ZAE000092458   2500:1                 
FTSE / JSE Top 40 Index          TOPDBR   ZAE000092466   2500:1                 
FTSE / JSE Top 40 Index          TOPDWJ   ZAE000092474   5000:1                 
Continued:...                                                                   
Underlying Security         Strike      WAVE Type  Expiry Date   Issue Size     
                           Level                                                
SABMiller plc               18000       AC         20-Sep-07     50,000,000     
SABMiller plc               15000       EP         20-Sep-07     50,000,000     
Telkom SA Limited           169.92      AC         20-Sep-07     50,000,000     
Telkom SA Limited           143.71      EP         20-Sep-07     50,000,000     
FTSE/JSE Financial &        27000       EC         20-Sep-07     50,000,000     
Industrial 30 Index                                                             
FTSE/JSE Financial &        22500       EP         20-Sep-07     50,000,000     
Industrial 30 Index                                                             
FTSE / JSE Top 40 Index     25500       EC         20-Sep-07     50,000,000     
FTSE / JSE Top 40 Index     21000       EP         20-Sep-07     50,000,000     
FTSE / JSE Top 40 Index     22000       EC         20-Sep-07     3,000,000      
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 (011) 775-7236                                                  
or e-mail x-markets@db.co.za                                                    
Date: 20/09/2007 15:51:11 Produced by the JSE SENS Department.                  
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