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Thu 11 Dec 2008, 12:55 DEUT - Deutsche Bank AG - Notice of Expiry: Deutsche Bank warrants
JSE   TOPDBQTOPDBZTOPDBJTOPDWYTOPDWZTOPDBLTOPDBKTOPDWXTOPDBP
DEUT                                                                            
DEUT - Deutsche Bank AG - Notice of Expiry: Deutsche Bank warrants              
Deutsche Bank AG                                                                
(Incorporated under the laws of the Federal Republic of Germany)                
Acting through its London branch                                                
Notice of Expiry: Deutsche Bank warrants                                        
  Warrant Code            TOPDBJ              TOPDBK                            
  Underlying Code         JTOPI               JTOPI                             
Expiry Date             2008-Dec-11         2008-Dec-11                       
  ISIN                    DE000DB0G9J2        DE000DB0G9K0                      
  Strike Price            31,500.00           33,000.00                         
  Cover Ratio             4,000.00            4,000.00                          
Issue Size              50,000,000.00       50,000,000.00                     
  Call / Put              C                   C                                 
  American / European     E                   E                                 
  Warrant Code            TOPDBL              TOPDBZ                            
Underlying Code         JTOPI               JTOPI                             
  Expiry Date             2008-Dec-11         2008-Dec-11                       
  ISIN                    DE000DB0G9L8        DE000DB0G9M6                      
  Strike Price            34,500.00           26,000.00                         
Cover Ratio             4,000.00            2,500.00                          
  Issue Size              50,000,000.00       50,000,000.00                     
  Call / Put              C                   P                                 
  American / European     E                   E                                 
Warrant Code            TOPDBP              TOPDBQ                            
  Underlying Code         JTOPI               JTOPI                             
  Expiry Date             2008-Dec-11         2008-Dec-11                       
  ISIN                    DE000DB0G9N4        DE000DB0G9P9                      
Strike Price            27,000.00           28,500.00                         
  Cover Ratio             2,500.00            2,500.00                          
  Issue Size              50,000,000.00       50,000,000.00                     
  Call / Put              P                   P                                 
American / European     E                   E                                 
  Warrant Code            TOPDWX              TOPDWY                            
  Underlying Code         JTOPI               JTOPI                             
  Expiry Date             2008-Dec-11         2008-Dec-11                       
ISIN                    DE000DB0G9R5        DE000DB0G9S3                      
  Strike Price            32,000.00           34,500.00                         
  Cover Ratio             5,000.00            5,000.00                          
  Issue Size              3,000,000.00        3,000,000.00                      
Call / Put              P                   P                                 
  American / European     E                   E                                 
  Warrant Code            TOPDWZ                                                
  Underlying Code         JTOPI                                                 
Expiry Date             2008-Dec-11                                           
  ISIN                    DE000DB0G9T1                                          
  Strike Price            37,000.00                                             
  Cover Ratio             10,000.00                                             
Issue Size              6,000,000.00                                          
  Call / Put              P                                                     
  American / European     E                                                     
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: 11/12/2008 12:55:20 Produced by the JSE SENS Department.                  
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