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Published on 5/29/2007 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $47 million principal-protected notes linked to index basket

By Angela McDaniels

Seattle, May 29 - Deutsche Bank AG, London Branch priced a $47 million issue of zero-coupon principal-protected notes due May 31, 2011 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 33.34% weight, the Dow Jones Euro Stoxx 50 index with a 33.33% weight and the Nikkei 225 index with a 33.33% weight.

The payout at maturity will be par of $10 plus 109% of any basket gain. 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 indexes:S&P 500 (33.34% weight), Dow Jones Euro Stoxx 50 (33.33% weight) and Nikkei 225 (33.33% weight)
Amount:$47 million
Maturity:May 31, 2011
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 109% of any basket gain
Pricing date:May 24
Settlement date:May 31
Agents:UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:3%

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