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Fri 25 Aug 2006, 10:59 Deutsche Bank AG - Notice of expiry WAVEs and Warr
JSE   TOPDWM
 DEUT                                                                            
Deutsche Bank AG - Notice of expiry WAVEs and Warrants                          
Deutsche Bank AG                                                                
(incorporated under the laws of the Federal Republic of Germany)                
acting through its London branch                                                
Notice of expiry WAVEs and WARRANTS                                             
Underlying     Issue       Strike      Barrier  WAVE     Expiry Date            
Security       Size        Level       Level    Type                            
FTSE / JSE Top                                                                  
40 Index       3 000 000   15500       15500    EC       24/08/2006             
Underlying Security        Cover Ratio ISIN Code         JSE Code               
FTSE / JSE Top 40 Index    5000        ZAE000076519      TOPDWM                 
The WAVEs are exercisable only in accordance with the terms and conditions as   
set in Deutsche Bank"s programme memorandum and relevant pricing supplement     
("the documents") Copies of the documents can be obtained from the offices of   
Deutsche Securities (Pty) Limited, 3 Exchange Square, 87 Maude Street, Sandton. 
For further information contact: Farhan Qureshi - Tel (011) 775-7824 or e-mail  
farhan.qureshi@db.com                                                           
25 August 2006                                                                  
Date: 25/08/2006 10:59:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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