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Wed 31 Jan 2007, 8:00 DEUT - Deutsche Bank AG - Issue of new index / equ
JSE
 DEUT                                                                            
DEUT - Deutsche Bank AG - Issue of new index / equity warrant/s                 
Deutsche Bank AG                                                                
(incorporated under the law of the Federal Republic of Germany)                 
acting through its London branch                                                
Issue of new index / equity Warrant/s                                           
Underlying Derivative  ISIN         Strike  Type    Expiry        Cover         
                                                                 Ratio          
Mittal     MLADBC      ZAE000091807 11200   AC      16-Aug-07     25:1          
Steel                                                                           
South                                                                           
Africa Ltd                                                                      
Mittal     MLADBR      ZAE000091815 9800    EP      16-Aug-07     25:1          
Steel                                                                           
South                                                                           
Africa Ltd                                                                      
Pick`n Pay PIKDBA      ZAE000091823 3800    AC      16-Aug-07     8:1           
Stores                                                                          
Limited                                                                         
Pick`n Pay PIKDBP      ZAE000091831 3200    EP      16-Aug-07     8:1           
Stores                                                                          
Limited                                                                         
Sappi      SAPDBA      ZAE000091849 11500   AC      16-Aug-07     25:1          
Limited                                                                         
Sappi      SAPDBP      ZAE000091856 9500    EP      16-Aug-07     25:1          
Limited                                                                         
The JSE Limited Issuer Services Division has approved the listing of the above  
mentioned Warrant/s and trading will commence on 31 January 2007. 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:                                                
X-markets                                                                       
Tel:      +27 11 7757236                                                        
e-mail:   x-markets@db.co.za                                                    
Deutsche Securities                                                             
Date: 31/01/2007 08:00:01 Produced by the JSE SENS Department.                  
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