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Mon 7 Sep 2009, 15:58 DEUT - Deutsche Bank AG - Issue of new Equity Warrants
JSE   SABDBIFSRDBPNPNDBFASADBNFSRDBBNEDDBYSBKDBQASADBYSABDBUNEDDBONPNDBTSBKDBD
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       Short Name   Long Name                 Underlying                    
FSRDBB     DB FSR CB    DB FSR 1700CB 5:1 APR10   FSR                           
FSRDBP     DB FSR PP    DB FSR 1400PP 5:1 APR10   FSR                           
NEDDBO     DB NED CO    DB NED R125C0 30:1 APR10  NED                           
NEDDBY     DB NED PY    DB NED R105C0 30:1 APR10  NED                           
ASADBN     DB ASA CN    DB ASA R140CN 40:1 APR10  ASA                           
ASADBY     DB ASA PY    DB ASA R110PY 30:1 APR10  ASA                           
SBKDBD     DB SBK CD    DB SBK R110CD 30:1 APR10  SBK                           
SBKDBQ     DB SBK PQ    DB SBK 9000PQ 30:1 APR10  SBK                           
NPNDBF     DB NPN CF    DB NPN R280CF 50:1 APR10  NPN                           
NPNDBT     DB NPN PT    DB NPN R230PT 40:1 APR10  NPN                           
SABDBI     DB SAB CI    DB SAB R200CI 40:1 APR10  SAB                           
SABDBU     DB SAB PU    DB SAB R165PU 40:1 APR10  SAB                           
                                                                                
Code    ISIN          Expiry     Strike  Type A/E  List Date                    
FSRDBB  DE000DB0T0J6  2010/04/07 1700    C    A    2009/09/04                   
FSRDBP  DE000DB0T0K4  2010/04/07 1400    P    E    2009/09/04                   
NEDDBO  DE000DB0T0L2  2010/04/07 12500   C    A    2009/09/04                   
NEDDBY  DE000DB0T0M0  2010/04/07 10500   P    E    2009/09/04                   
ASADBN  DE000DB0T0N8  2010/04/07 14000   C    A    2009/09/04                   
ASADBY  DE000DB0T0P3  2010/04/07 11000   P    E    2009/09/04                   
SBKDBD  DE000DB0T0Q1  2010/04/07 11000   C    A    2009/09/04                   
SBKDBQ  DE000DB0T0R9  2010/04/07 9000    P    E    2009/09/04                   
NPNDBF  DE000DB0T0S7  2010/04/07 28000   C    A    2009/09/04                   
NPNDBT  DE000DB0T0T5  2010/04/07 23000   P    E    2009/09/04                   
SABDBI  DE000DB0T0U3  2010/04/07 20000   C    A    2009/09/04                   
SABDBU  DE000DB0T0V1  2010/04/07 16500   P    E    2009/09/04                   
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned Warrant/s and trading will commence on 4 September 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: 07/09/2009 15:58:02 Produced by the JSE SENS Department.                  
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