Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG. The person with duty of notification is solely responsible for the content of this announcement. ------------------------------------------------------------------------------ Details of the person subject to the disclosure requirement Last name: Waugh First name: Seth Harrison Company: Deutsche Bank Securities Inc. Position: Member of the Group Executive Committee, CEO Deutsche Bank Americas Information about the transaction with duty of notification Description of the financial instrument: Deutsche Bank AG Shares ISIN/WKN of the financial instrument: DE0005140008 Type of transaction: Sale Date: 29.07.2010 Price: 70.6765 Currency: USD No. of items: 13000.00 Total amount traded: 918794.06 Place: OTC Explanation for publication: Sale in partial executions (weighted average price USD 70.6765) executed via a joint account held by Seth Waugh and his spouse, Sheila Waugh Information about the company with duty of publication Issuer: Deutsche Bank AG Theodor-Heuss-Allee 70 60486 Frankfurt a. M. Deutschland ISIN: DE0005140008 WKN: 514000 End of Directors' Dealings Notification (c) DGAP 04.08.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ID 11701
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