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Thu 18 Jan 2007, 8:16 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 TOPDWI      ZAE000091047 21500   EC      16-Aug-07  10000:1          
Top 40                                                                          
Index                                                                           
FTSE / JSE TOPDWZ      ZAE000091054 24500   EP      16-Aug-07  10000:1          
Top 40                                                                          
Index                                                                           
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned WAVE/s and trading will commence on 18 January 2007. Settlement of the
WAVE/s will be effected electronically through the STRATE system of the JSE and 
accordingly, certificates evidencing the WAVE/s 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:                                                
X-markets Team                                                                  
Tel:      +27 11 7757236                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 18/01/2007 08:16:55 Produced by the JSE SENS Department.                  
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