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Mon 3 Apr 2006, 8:00 Deutsche Bank AG - Issue of new index / equity WAV
JSE
 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                                               
Underlying    WAVE      Strike     Barrier     Type   Expiry     Multiplier     
                        Level      Level                                        
FTSE / JSE    TOPDWO    17600      17600       EC     27-Oct-06  0.0002         
Top 40 Index                                                                    
FTSE / JSE    TOPDWR    19500      19500       EP     27-Oct-06  0.0002         
Top 40 Index                                                                    
FTSE / JSE    TOPDWS    20200      20200       EP     27-Oct-06  0.0002         
Top 40 Index                                                                    
The JSE Limited Issuer Services Division has approved the listing of the above- 
mentioned WAVE and trading will commence on 3 April 2006. Settlement of the     
WAVEs will be effected electronically through the STRATE system of the JSE and  
accordingly, certificates evidencing the WAVES 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:                                                
Farhan Qureshi - Tel (011) 775-7824                                             
or e-mail farhan.qureshi@db.com                                                 
Deutsche Securities                                                             
Date: 03/04/2006 08:00:08 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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