DGAP-News

Pre Stab Notice - DB FLOAT 21s TAP EUR 150M

DGAP-News: Deutsche Bank AG, London Branch / Key word(s): Miscellaneous
Pre Stab Notice - DB FLOAT 21s TAP EUR 150M

01.12.2015 / 13:30
The issuer is solely responsible for the content of this announcement.

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1st December 2015

Deutsche Bank AG Frankfurt
Pre-Stabilisation Notice

Deutsche Bank AG, London Branch (contact: Global Risk Syndicate on
0207-545- 4361) hereby gives notice that the Stabilising Managers(s) named
below may stabilise the offer of the following securities in accordance
with Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse
Directive (2003/6/EC).

The Securities:

Issuer: Deutsche Bank AG Frankfurt

Guarantor (if any):

Aggregate nominal amount: EUR 150,000,000

Description: EUR 150M
TAP of DB Float 09/10/21 (Original Bond ISIN DE000DB7XJC)

Issue/reoffer price: 98.859

Spread over benchmark: 3mE + 85bp

Stabilisation:

Stabilising Manager(s): Deutsche Bank AG, London Branch
(Stabilisation Coordinator)

Stabilisation period
expected to start on: 1st December 2015

Stabilisation period
expected to end no later than: 8th January 2016

Maximum size of over-
Allotment facility: 5% of the
aggregate nominal amount stated above




In connection with the offer of the above securities, the Stabilisation
Manager(s) may over-allot the securities or effect transactions with a view
to supporting the market price of the securities at a level higher than
that which might otherwise prevail. However, there is no assurance that the
Stabilisation Manager(s) will take any stabilisation action and any
stabilisation action, if begun, may be ended at any time. Any stabilisation
action or over-allotment shall be conducted in accordance with all
applicable laws and rules.

This announcement is for information purposes only and does not constitute
an invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.

This announcement and the offer of the securities to which it relates are
only addressed to and directed at persons outside the United Kingdom and
persons in the United Kingdom who have professional experience in matters
related to investments or who are high net worth persons within Article
12(5) of the Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 and must not be acted on or relied on by other persons in the
United Kingdom.

In addition, if and to the extent that this announcement is communicated
in, or the offer of the securities to which it relates is made in, any EEA
Member State that has implemented Directive 2003/71/EC, as amended
(together with any applicable implementing measures in any Member State,
the "Prospectus Directive") before the publication of a prospectus in
relation to the securities which has been approved by the competent
authority in that Member State in accordance with the Prospectus Directive
(or which has been approved by a competent authority in another Member
State and notified to the competent authority in that Member State in
accordance with the Prospectus Directive), this announcement and the offer
are only addressed to and directed at persons in that Member State who are
qualified investors within the meaning of the Prospectus Directive (or who
are other persons to whom the offer may lawfully be addressed) and must not
be acted on or relied on by other persons in that Member State.

This announcement is not an offer of securities for sale into the United
States. The securities have not been, and will not be, registered under the
United States Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from registration. There
will be no public offer of securities in the United States. >>




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01.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de

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420029 01.12.2015