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Mon 26 Jun 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     ISIN Codes    Strike  Barrier  Type  Expiry      Cover   
                                     Level   Level                      Ratio   
FTSE / JSE  TOPDWB   ZAE000081907  17200   17200    EC    30-Nov-06   5000    
  Top 40                                                                        
  Index                                                                         
  FTSE / JSE  TOPDWV   ZAE000081915  19800   19800    EP    30-Nov-06   5000    
Top 40                                                                        
  Index                                                                         
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE and trading will commence on 26 June 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: 26/06/2006 08:00:04 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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