Deutsche Bank to price return optimization securities linked to S&P 500 via UBS, Deutsche Bank

By Susanna Moon

Chicago, Feb. 29 - Deutsche Bank AG plans to price return optimization securities due April 1, 2009 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

UBS Financial Services Inc. and Deutsche Bank Securities will act as agents.

The payout at maturity will be par of $10.00 plus triple any gain on the index, capped at a return of between 17% and 20%, or $11.70 to $12.00, with the exact cap set at pricing.

If the index return is negative, investors will participate in any losses.

The notes are expected to price on March 26 and settle on March 31.

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