Deutsche Bank Suspends New Issuance of Seven Exchange Traded Notes, Announces Changes to Underlying Indexes

Deutsche Bank today announced that it will suspend, with immediate effect, any further issuance of seven commodity-based Exchange Traded Notes (ETNs). Trading of the ETNs will not be affected by this suspension, but the products will not be issuing new units to the market. Redemptions of units will continue as described in the prospectus.

As disclosed in the pricing supplement relating to the ETNs under the heading "Risk Factors - The market value of the securities may be influenced by many unpredictable factors," the market value of ETNs may be influenced by, among other things, the levels of supply and demand for the ETNs. It is possible that the suspension, as described above, may influence the market value of the ETNs. The limitations on issuance and sale implemented may cause an imbalance of supply and demand in the secondary market for the ETNs, which may cause the ETNs to trade at a premium or discount in relation to its indicative value. Therefore, any purchase of the ETNs in the secondary market may be at a purchase price significantly different from their indicative value.

Separately, there will be a change in the underlying indexes to which some of the above referenced ETNs are linked. After the close of trading on February 16, 2012, the Deutsche Bank Liquid Commodity Index – Optimum Yield Agriculture™ Excess Return and the Deutsche Bank Liquid Commodity Index– Optimum Yield™ Excess Return will diversify their holdings of wheat futures contracts. The percentage of the indexes’ wheat holdings will not change, nor will the holding of the other components. The indexes’ wheat holdings will now include equal components of futures contracts on wheat traded on the Board of Trade of the City of Chicago, Inc, the Kansas City Board of Trade and the Minneapolis Grain Exchange, Inc. Up until this change, the entire wheat component of the indexes was comprised of futures contracts on wheat traded on the Board of Trade of the City of Chicago, Inc.

*DAG creates were suspended on February 14, 2011, but will be affected by the adjustments to DBLCYEAG.

For further information on the products listed above, please visit: http://www.dbfunds.db.com/Notes/index.aspx

Investors seeking further information should call:

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