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Published on 6/27/2008 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $1.46 million BUyS linked to iShares Dow Jones U.S. Financial Sector

By Jennifer Chiou

New York, June 28 - Deutsche Bank AG, London Branch priced $1.46 million of 0% Buffered Underlying Securities due June 30, 2010 linked to the iShares Dow Jones U.S. Financial Sector Index Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 127.5% of any index gain, capped at a return of 61.8375%.

Investors will receive par if the index declines by 5% or less and will lose 1% for each 1% decline beyond 5%.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.

Issuer:Deutsche Bank AG, London Branch
Issue:Buffered Underlying Securities (BUyS)
Underlying asset:iShares Dow Jones U.S. Financial Sector Index Fund
Amount:$1,457,000
Maturity:June 30, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 127.5% of any index gain, capped at 61.8375%; par if index declines by 5% or less; 1% loss for each 1% decline beyond 5%
Initial level:73.19
Pricing date:June 25
Settlement date:June 30
Agents:Deutsche Bank Securities Inc., Deutsche Bank Trust Co. Americas
Fees:None

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