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Published on 4/5/2007 in the Prospect News Structured Products Daily.

Deutsche Bank to price 0% double opportunity notes linked to DB Liquid Commodity index

By E. Janene Geiss

Philadelphia, April 5 - Deutsche Bank AG, London Branch plans to price 0% double opportunity notes due Oct. 31, 2008 linked to the Deutsche Bank Liquid Commodity Index - Mean Reversion Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The DB Liquid Commodity Index - Mean Reversion Excess Return is composed of futures contracts on six commodities - crude oil, heating oil, aluminum, gold, wheat and corn. The index captures returns from spot return and roll yield.

The notes will price April 25 and settle April 30.

If the index return is positive, investors will receive par plus double the return, capped at between 36% and 44% with the exact percentage determined at pricing. Investors will share in losses.

Deutsche Bank Securities and Deutsche Bank Trust Co. Americas are the agents.


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