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Mon 29 May 2006, 11:53 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     ISIN Codes   Strike  Barrier  Type   Expiry  Cover    
                                        Level   Level                  Ratio    
Anglo American  AGLDWZ   ZAE000081048    300     300     EP   22-Feb-    50     
plc                                                              07             
Richemont       RCHDWV   ZAE000081063    37       37     EP   22-Feb-    20     
Securities AG                                                    07             
Standard Bank   SBKDWW   ZAE000081071    90       90     EP   22-Feb-    30     
Group Limited                                                    07             
Gold Fields     GFIDWK   ZAE000081089    115     115     EC   22-Feb-    40     
Limited                                                          07             
Harmony Gold    HARDWD   ZAE000081097    75       75     EC   22-Feb-    40     
Mining Company                                                   07             
Limited                                                                         
Harmony Gold    HARDWS   ZAE000081113    110     110     EP   22-Feb-    40     
Mining Company                                                   07             
Limited                                                                         
Telkom SA       TKGDWW   ZAE000081105    160     160     EP   22-Feb-    40     
Limited                                                          07             
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE and trading will commence on 30 May 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: 29/05/2006 11:53:02 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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