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Fri 27 Feb 2009, 15:42 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                                                    
CODE   Style  Ratio Strike       Underlying      Expiry Date  ISIN              
                   Price/Level  Security/Index/ (e.g.                           
of Share     Instrument      2001/12/31)                     
                   (cents))     (Alpha Code)                                    
AGLDBO AC     50:1  19,500       AGL             2009/09/25   DE000DB0TX15      
AGLDBY EP     50:1  13,500       AGL             2009/09/25   DE000DB0TX23      
IMPDBA AC     50:1  16,500       IMP             2009/09/25   DE000DB0TW73      
IMPDBP EP     50:1  12,500       IMP             2009/09/25   DE000DB0TW81      
GFIDBC AC     40:1  13,000       GFI             2009/09/25   DE000DB0TW99      
GFIDBR EP     40:1  9,500        GFI             2009/09/25   DE000DB0TX07      
BILDBO AC     50:1  19,500       BIL             2009/09/25   DE000DB0TX56      
BILDBR EP     50:1  14,500       BIL             2009/09/25   DE000DB0TX64      
SOLDBE AC     60:1  30,000       SOL             2009/09/25   DE000DB0TX31      
SOLDBS EP     60:1  23,000       SOL             2009/09/25   DE000DB0TX49      
FSRDBA AC     4:1   1,400        FSR             2009/09/25   DE000DB0TX72      
FSRDBZ EP     4:1   1,050        FSR             2009/09/25   DE000DBOTX80      
SBKDBB AC     20:1  7,500        SBK             2009/09/25   DE000DBOTX98      
SBKDBZ EP     20:1  5,500        SBK             2009/09/25   DE000DB0TY06      
MTNDBD AC     25:1  10,000       MTN             2009/09/25   DE000DB0TY14      
MTNDBS EP     25:1  8,000        MTN             2009/09/25   DE000DB0TY22      
CFRDBA AC     5:1   1,650        CFR             2009/09/25   DE000DB0TY30      
CFRDBP EP     5:1   1,250        CFR             2009/09/25   DE000DB0TY48      
SABDBH AC     25:1  17,500       SAB             2009/09/25   DE000DB0TY55      
SABDBT EP     25:1  14,000       SAB             2009/09/25   DE000DB0TY63      
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned Warrant/s and trading will commence on 27 February 2009. 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 7757236                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 27/02/2009 15:42:02 Produced by the JSE SENS Department.                  
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