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Published on 10/29/2007 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $6.92 million principal protection notes linked to DB Currency Returns

By E. Janene Geiss

Philadelphia, Oct. 29 - Deutsche Bank AG, London Branch priced $6,922,080 of zero-coupon principal protection notes due Oct. 29, 2010 linked to the Deutsche Bank Currency Returns index, according to a 424B2 filing with the Securities and Exchange Commission.

The index reflects equally weighted investments in the Deutsche Bank Carry index, the Deutsche Bank Momentum index and the Deutsche Bank Valuation index.

The payout at maturity will be par of $10 plus any basket gain multiplied by a participation rate of 212%.

Investors will receive at least par.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

Issuer:Deutsche Bank AG, London Branch
Issue:Principal-protected notes
Underlying index:Deutsche Bank Currency Returns
Amount:$6,922,080
Maturity:Oct. 29, 2010
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 212% of any positive return if index gains; floor of par
Initial index level:194.36
Pricing date:Oct. 25
Settlement date:Oct. 31
Agents:UBS Financial Services Inc., Deutsche Bank Securities Inc.
Fees:2.5%

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