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Wed 3 May 2006, 12:23 Deutsche Bank AG - Notice: Termination Of Listing
JSE   TOPDWR
 DEUT                                                                            
Deutsche Bank AG - Notice: Termination Of Listing - TOPDWR - 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 - TOPDWR - INDEX WAVE (PUT)                      
Barrier Level:             19 500 index points                                  
Knock-Out Level:           19 500 index points                                  
JSE Code:                  TOPDWR                                               
JSE Short Name:            DB TOP PRW                                           
JSE Long Name:             DB TOP 1950 PRW 0002Oct06                            
ISIN Code:                 ZAE000079497                                         
In terms of the Pricing Supplement read with the Product Conditions, the listing
of TOPDWR terminated automatically when the FTSE / JSE Top 40 Index ("the       
Index") was equal to or rose above the Barrier Level of 19 500 index points. The
Index was equal to / rose above this level of 19 500 index points on 3 May 2006.
For further information contact:                                                
Farhan Qureshi - Tel (011) 775-7824                                             
or e-mail farhan.qureshi@db.com                                                 
Date: 03/05/2006 12:23:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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