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Published on 11/26/2012 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $10 million capped BUyS linked to Russell 2000

By Susanna Moon

Chicago, Nov. 26 - Deutsche Bank AG, London Branch priced $10 million of 0% capped buffered underlying securities due May 23, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 18.37%.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

Deutsche Bank Securities Inc. is the agent.

Issuer:Deutsche Bank AG, London Branch
Issue:Capped buffered underlying securities
Underlying index:Russell 2000
Amount:$10 million
Maturity:May 23, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any gain, capped at 18.37%; par if index declines by 20% or less; 1.25% loss per 1% drop beyond 20%
Initial index level:793.81
Pricing date:Nov. 20
Settlement date:Nov. 26
Agent:Deutsche Bank Securities Inc.
Fees:None
Cusip:25152RAE3

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