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Wed 28 Mar 2012, 7:36 TOPDWG - Deutsche Bank AG - Issue of new Index Equity WAVES
JSE   TOPDWG
DEUT                                                                            
TOPDWG - 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                        TOPDWG                                             
 Short Name                  DB TOP CG W                                        
Long Name                   DB TOP 2950CG 0002 AUG12                           
 Underlying Name             TOP40-Tradeable                                    
 Expiry                      23/08/2012                                         
 Strike                      29500                                              
Iss.Price                   1.00                                               
 Cover                       5000:1                                             
 No. of Securities           Up to 3 000 000                                    
 Listing Date                27/03/2012                                         
ISIN                        DE000DE3AUA2                                       
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commenced on 28 March 2012. 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: 28/03/2012 07:36:01 Produced by the JSE SENS Department.                  
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