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Mon 27 Mar 2006, 10:23 Deutsche Bank AG - Termination Of Listing - TOPDWP
JSE   TOPDWP
 DEUT                                                                            
Deutsche Bank AG - Termination Of Listing - TOPDWP - INDEX WAVE (PUT)           
Deutsche Bank AG                                                                
  (incorporated under the laws of the Federal Republic of Germany)              
acting through its London branch                                             
NOTICE: TERMINATION OF LISTING - TOPDWP - INDEX WAVE (PUT)                      
Barrier Level:             18,500 index points                                  
Knock-Out Level:           18,500 index points                                  
JSE Code:                  TOPDWP                                               
JSE Short Name:            DB TOP PPW                                           
JSE Long Name:             DT TOP 1850PPW0002:Aug06                             
ISIN Code:                 ZAE000076527                                         
In terms of the Pricing Supplement read with the Product Conditions, the listing
of TOPDWP terminated automatically when the FTSE / JSE Top 40 Index ("the       
Index") was equal to or rose above the Barrier Level of 18,500 index points. The
Index was equal to / rose above this level of 18,500 index points on 27 March   
2006.                                                                           
For further information contact:                                                
Farhan Qureshi - Tel (011) 775-824                                              
or e-mail farhan.qureshi@db.com                                                 
Date: 27/03/2006 10:23:15 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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