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Fri 10 Jan 2014, 12:00 DEUTSCHE BANK AG - Termination of Listing - DBNPNM
DBNPNM 201401100009A
Termination of Listing - DBNPNM

Deutsche Bank AG
Rump Certificate on Naspers Ltd less Tencent Holdings Ltd
Share code: DBNPNM
ISIN: DE000DE8F3B9

(“Naspers STUB”)

Notice: Termination of listing – DBNPNM


Holders of Naspers STUB certificates are advised that the securities will be
redeemed early, effective date 10 January 2014, in accordance with Issuer’s
Redemption Rights due to the observed Stub Differential Factor for the
securities being less than the Threshold Stub Differential Factor on 10
January 2014. The Calculation Agent will communicate and pay the Early
Redemption Price to security holders via Strate in accordance with the Rules
of Strate.


10 January 2014


Manager or Issuer:

Deutsche Bank AG, London

Date: 10/01/2014 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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 information disseminated through SENS.
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