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Mon 21 Jul 2008, 10:49 DEUT - Deutsche Bank AG - Issue of new equity Warrants
JSE
DEUT                                                                            
DEUT - Deutsche Bank AG - Issue of new equity Warrants                          
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
Issue of new equity Warrants                                                    
Warrant Underlying  ISIN         Expiry                 Type    Issue           
Code    Code                     Date     Strike Cover          Size            
Price  Ratio                           
ABLDBD  ABL         DE000DB0HA99 2009-            10:1  AC      50000000        
                                Mar-12   27.00                                  
ABLDBS  ABL         DE000DB0HB07 2009-            10:1  EP      50000000        
Mar-12   24.00                                  
ASADBL  ASA         DE000DB0HB15 2009-            25:1  AC      50000000        
                                Mar-12   98.00                                  
ASADBW  ASA         DE000DB0HB23 2009-            20:1  EP      50000000        
Mar-12   85.00                                  
FSRDBO  FSR         DE000DB0HB31 2009-            3:1   AC      50000000        
                                Mar-12   16.00                                  
FSRDBY  FSR         DE000DB0HB49 2009-            3:1   EP      50000000        
Mar-12   14.00                                  
INPDBE  INP         DE000DB0HB56 2009-            15:1  AC      50000000        
                                Mar-12   52.00                                  
INPDBR  INP         DE000DB0TQ97 2009-            15:1  EP      50000000        
Mar-12   46.00                                  
LBTDBA  LBT         DE000DB0TR05 2009-            30:1  AC      50000000        
                                Mar-12   145.00                                 
LBTDBP  LBT         DE000DB0TR13 2009-            30:1  EP      50000000        
Mar-12   125.00                                 
LGLDBD  LGL         DE000DB0TR21 2009-            15:1  AC      50000000        
                                Mar-12   68.00                                  
LGLDBR  LGL         DE000DB0TR39 2009-            15:1  EP      50000000        
Mar-12   56.00                                  
NEDDBN  NED         DE000DB0TR47 2009-            25:1  AC      50000000        
                                Mar-12   105.00                                 
NEDDBX  NED         DE000DB0TR54 2009-            25:1  EP      50000000        
Mar-12   95.00                                  
OMLDBC  OML         DE000DB0TR62 2009-            5:1   AC      50000000        
                                Mar-12   15.00                                  
OMLDBR  OML         DE000DB0TR70 2009-            3:1   EP      50000000        
Mar-12   13.00                                  
SBKDBA  SBK         DE000DB0TR88 2009-            25:1  AC      50000000        
                                Mar-12   92.00                                  
SBKDBY  SBK         DE000DB0TR96 2009-            20:1  EP      50000000        
Mar-12   80.00                                  
BAWDBD  BAW         DE000DB0G9U9 2009-            25:1  AC      50000000        
                                Mar-12   75.00                                  
BAWDBS  BAW         DE000DB0G9V7 2009-            25:1  EP      50000000        
Mar-12   62.00                                  
BVTDBE  BVT         DE000DB0G9W5 2009-            25:1  AC      50000000        
                                Mar-12   110.00                                 
BVTDBT  BVT         DE000DB0G9X3 2009-            20:1  EP      50000000        
Mar-12   95.00                                  
DDTDBA  DDT         DE000DB0G9Z8 2009-            2:1   AC      50000000        
                                Mar-12   7.20                                   
DDTDBP  DDT         DE000DB0G903 2009-            1:1   EP      50000000        
Mar-12   6.30                                   
IPLDBE  IPL         DE000DB0G911 2009-            20:1  AC      50000000        
                                Mar-12   50.00                                  
IPLDBS  IPL         DE000DB0G929 2009-            10:1  EP      50000000        
Mar-12   42.00                                  
MURDBD  MUR         DE000DB0G937 2009-            30:1  AC      50000000        
                                Mar-12   92.00                                  
MURDBT  MUR         DE000DB0G945 2009-            25:1  EP      50000000        
Mar-12   80.00                                  
NPNDBD  NPN         DE000DB0G952 2009-            50:1  AC      50000000        
                                Mar-12   180.00                                 
NPNDBR  NPN         DE000DB0G960 2009-            40:1  EP      50000000        
Mar-12   155.00                                 
NTCDBD  NTC         DE000DB0G978 2009-            3:1   AC      50000000        
                                Mar-12   8.00                                   
NTCDBQ  NTC         DE000DB0G986 2009-            2:1   EP      50000000        
Mar-12   6.50                                   
PIKDBD  PIK         DE000DB0G994 2009-            10:1  AC      50000000        
                                Mar-12   28.00                                  
PIKDBS  PIK         DE000DB0HA08 2009-            5:1   EP      50000000        
Mar-12   24.00                                  
RCHDBN  RCH         DE000DB0HA16 2009-            10:1  AC      50000000        
                                Mar-12   50.00                                  
RCHDBY  RCH         DE000DB0HA24 2009-            10:1  EP      50000000        
Mar-12   39.00                                  
REMDBC  REM         DE000DB0HA32 2009-            25:1  AC      50000000        
                                Mar-12   215.00                                 
REMDBR  REM         DE000DB0HA40 2009-            30:1  EP      50000000        
Mar-12   176.00                                 
SHFDBC  SHF         DE000DB0HA57 2009-            5:1   AC      50000000        
                                Mar-12   18.00                                  
SHFDBR  SHF         DE000DB0HA65 2009-            5:1   EP      50000000        
Mar-12   15.00                                  
TKGDBK  TKG         DE000DB0HA73 2009-            30:1  AC      50000000        
                                Mar-12   150.00                                 
TKGDBX  TKG         DE000DB0HA81 2009-            25:1  EP      50000000        
Mar-12   128.00                                 
The JSE Limited Issuer Services Division has approved the listing of the        
above mentioned Warrant/s and trading will commence on 21 July 2008.            
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 7757994                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 21/07/2008 10:49:07 Produced by the JSE SENS Department.                  
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