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Thu 19 Oct 2006, 8:09 Deutsche Bank AG - Issue of new index / equity WAV
JSE
 DEUT                                                                            
Deutsche Bank AG - Issue of new index / equity WAVE/s                           
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
                       Issue of new index / equity WAVE/s                       
Underlying     Derivative  ISIN          Strike   Type   Expiry       Cover     
                                                                      Ratio     
FTSE / JSE     TOPDWG      ZAE000086328  20500    EC     14-Jun-07    5000:1    
Top 40 Index                                                                    
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned Warrant/s and trading will commence on 19th October 2006. Settlement  
of the Warrant/s 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:                                                
Ian Leisegang                                                                   
Tel:      +27 11 7757236                                                        
e-mail:   ian.leisegang@db.com                                                  
Deutsche Securities                                                             
Date: 19/10/2006 08:09:04 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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