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Fri 1 Aug 2008, 10:36 DEUT - Deutsche Bank AG - Issue of new index WAVE/s
JSE
DEUT                                                                            
DEUT - Deutsche Bank AG - Issue of new index WAVE/s                             
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
Issue of new index WAVE/s                                                       
Warrant Code            TOPDWM         TOPDWP         TOPDWQ                    
Underlying Name         TOP40 -        TOP40 -        TOP40 -                   
TRADEABLE      TRADEABLE      TRADEABLE                  
Expiry Date             2009-Mar-12    2009-Mar-12    2009-Mar-12               
ISIN                    DE000DB0TU67   DE000DB0TU75   DE000DB0TU83              
Strike Price / Barrier  24,000.0       28,000.0       30,000.0                  
Cover Ratio             5000           5000           10000                     
Issue Size              3000000        3000000        6000000                   
Call / Put              C              P              P                         
American / European     E              E              E                         
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commence on 1 August 2008. Settlement of the  
WAVE/s will be effected electronically through the STRATE system of the JSE and 
accordingly, certificates evidencing the WAVE/s 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 Team                                                                  
Tel:      +27 11 7757994                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 01/08/2008 10:36:05 Produced by the JSE SENS Department.                  
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