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Thu 14 Apr 2011, 12:48 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                  TOPDWJ                 TOPDWK                             
Short Name            DB TOP CJ W            DB TOP CK W                        
Long Name             DB TOP 2825CJ 0002     DB TOP 2750CK 0002                 
                     NOV11                  NOV11                               
Underlying Name       TOP40-Tradeable        TOP40-Tradeable                    
Expiry                17/11/2011             17/11/2011                         
Strike                28,250.00              27,500.00                          
Iss.Price             2                      4                                  
Cover                 5000:1                 5000:1                             
No. of Securities     Up to 3 000 000        Up to 3 000 000                    
Listing Date          14/04/2011             14/04/2011                         
ISIN                  DE000DE28764           DE000DE28772                       
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commence on 14 April 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: 14/04/2011 12:48:02 Produced by the JSE SENS Department.                  
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