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Published on 2/22/2012 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $1.66 million capped BUyS on basket of two indexes, one fund

By Toni Weeks

San Diego, Feb. 22 - Deutsche Bank AG, London Branch priced $1.66 million of 0% capped buffered underlying securities due Feb. 25, 2015 linked to an equally weighted basket consisting of the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25 times any basket gain, up to a maximum return of 32%.

Investors will receive par if the basket falls by up to 20% and will lose 1% 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 components:S&P 500 index, Russell 2000 index and iShares MSCI EAFE index fund
Amount:$1,658,000
Maturity:Feb. 25, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 125% of any basket gain, capped at 32%; par if basket declines by 20% or less; 1% loss per 1% drop beyond 20%
Initial levels:1,361.23 for S&P 500, 828.68 for Russell, $54.52 for iShares MSCI EAFE
Pricing date:Feb. 17
Settlement date:Feb. 27
Agent:Deutsche Bank Securities Inc.
Fees:2.15%
Cusip:2515A1GQ8

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