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Wed 14 May 2008, 17:42 DEUT - Deutsche Bank AG - Notice : Termination Of
JSE   TOPDWS
DEUT                                                                            
DEUT - Deutsche Bank AG - Notice : Termination Of Listing - TOPDWS - Index Wave 
                                                           (PUT)                
Deutsche Bank AG                                                                
(incorporated under the laws of the Federal Republic of Germany)               
  acting through its London branch                                              
NOTICE : TERMINATION OF LISTING - TOPDWS - INDEX WAVE (PUT)                     
Barrier Level:             30,500 index points                                  
Knock-Out Level:           30,500 index points                                  
JSE Code:                  TOPDWS                                               
JSE Short Name:            DB TOP PS                                            
JSE Long Name:             DB TOP 3050PSW0001:Jun                               
Isin Code:                 DE000DB9LRN8                                         
In terms of the Pricing Supplement read with the Product Conditions, the listing
of TOPDWS terminated automatically when the FTSE / JSE Top 40 Index ("the       
Index") was equal to or rose above the Barrier Level of 30,500 index points. The
Index was equal to / rose above this level of 30,500 index points on 14 May     
2008.  For further information contact:                                         
Tel: (011) 775-7994                                                             
e-mail    x-markets@db.co.za                                                    
Date: 14/05/2008 17:42:01 Produced by the JSE SENS Department.                  
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