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Wed 12 Jul 2006, 11:49 Deutsche Bank AG - Notice: Termination of Listing
JSE   TOPDWV
 DEUT                                                                            
Deutsche Bank AG - Notice: Termination of Listing - TOPDWV - 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 - TOPDWV - INDEX WAVE (PUT)                     
Barrier Level:             19,800 index points                                  
Knock-Out Level:           19,800 index points                                  
JSE Code:                  TOPDWV                                               
JSE Short Name:            DB TOP PVW                                           
JSE Long Name:             DB TOP 1980PVW  0002:Nov06                           
Isin Code:                 ZAE000081915                                         
In terms of the Pricing Supplement read with the Product Conditions, the listing
of TOPDWV terminated automatically when the FTSE / JSE Top 40 Index ("the       
Index") was equal to or rose above the Barrier Level of 19,800 index points. The
Index was equal to / rose above this level of 19,800 index points on 12 July    
2006.                                                                           
For further information contact:                                                
Farhan Quereshi - Tel (011) 775-7824                                            
or e-mail farhan.qureshi@db.com                                                 
Date: 12/07/2006 11:49:09 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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