New Issue: Deutsche Bank prices $6.36 million BUyS linked to basket of indexes

By Susanna Moon

Chicago, Oct. 3 - Deutsche Bank AG, London Branch priced $6.36 million of zero-coupon Buffered Underlying Securities due April 6, 2010 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 and Russell 2000 indexes with a 33.33% weight each, along with the MSCI EAFE index with a 33.34% weight.

Payout at maturity will be par plus any basket gain, capped at 20.9%. Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the underwriters.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Buffered Underlying Securities
Underlying indexes:	S&P 500 (33.33% weight), Russell 2000 (33.33% weight) and MSCI EAFE (33.34% weight)
Amount:	$6,361,000
Maturity:	April 6, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 20.9%; par if basket falls by 15% or less; 1% loss for every 1% decline beyond 15%
Initial index levels:	1,161.06 for S&P; 671.59 for Russell; 1,568.20 for MSCI EAFE
Pricing date:	Oct. 1
Settlement date:	Oct. 6
Agents:	Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
Fees:	None

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