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Tue 16 May 2006, 11:43 Deutsche Bank AG - Notice : Termination Of Listing
JSE   TOPDWA
 DEUT                                                                            
Deutsche Bank AG - Notice : Termination Of Listing - TOPDWA - Index Wave (Call) 
Deutsche Bank AG                                                                
(incorporated under the laws of the Federal Republic of Germany)                
acting through its London branch                                                
NOTICE : TERMINATION OF LISTING - TOPDWA - INDEX WAVE (CALL)                    
Barrier Level:             18,800 index points                                  
Knock-Out Level:           18,800 index points                                  
JSE Code:                  TOPDWA                                               
JSE Short Name:            DB TOP CAW                                           
JSE Long Name:             DB TOP 1800 CAW 0002:Novt06                          
Isin Code:                 ZAE000080537                                         
In terms of the Pricing Supplement read with the Product Conditions, the listing
of TOPDWA terminated automatically when the FTSE / JSE Top 40 Index ("the       
Index") was equal to or fell below the Barrier Level of 18,800 index points. The
Index was equal to / fell below this level of 18,800 index points on 16 May     
2006.                                                                           
For further information contact:                                                
Farhan Qureshi - Tel (011) 775-7812                                             
or e-mail farhan.qureshi@db.com                                                 
Date: 16/05/2006 11:43:27 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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