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Fri 11 Feb 2011, 8:00 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                                                 
Code                TOPDWV              TOPDWG              TOPDWH              
Short Name          DB TOP PV W         DB TOP CG W         DB TOP CH W         
Long Name           DB TOP 3200PV 0002  DB TOP 2650CG 0002  DB TOP 2825CH       
                   OCT11               OCT11               0002 OCT11           
Underlying Name     TOP40-Tradeable     TOP40-Tradeable     TOP40-Tradeable     
Expiry              10/20/2011          10/20/2011          10/20/2011          
Strike              32000               26500               28250               
Iss.Price           4.00                7.00                3.50                
Cover               5000:1              5000:1              5000:1              
No. of Securities   Up to 3 000 000     Up to 3 000 000     Up to 3 000 000     
Listing Date        2/11/2011           2/11/2011           2/11/2011           
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commence on 11 February 2011. 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 11 775 7824                                                       
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 11/02/2011 08:00:02 Produced by the JSE SENS Department.                  
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