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Fri 30 Jan 2009, 10:57 DEUT - Deutsche Bank AG - Issue of new index equity waves
JSE
DEUT                                                                            
DEUT - Deutsche Bank AG - Issue of new index equity waves                       
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
Issue of new Index Equity WAVEs                                                 
Warrant ISIN          Underlying Strike  Expiry        Issue   American  Call   
Code                  Name       Price   Date   Cover  Size    /         /      
Ratio          European  Put     
TOPDWF  DE000DB0TW57  TOP40 -            2009-  5000   3000000 E         C      
                     TRADEABLE  16,000  Sep-10                                  
TOPDWU  DE000DB0TW65  TOP40 -            2009-  10000  6000000 E         P      
TRADEABLE  22,000  Sep-10                                  
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commence on 30 January 2009. 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: 30/01/2009 10:57:03 Produced by the JSE SENS Department.                  
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