Deutsche Bank to price return enhanced notes linked to 11 stocks via JPMorgan

By Angela McDaniels

Tacoma, Wash., June 10 - Deutsche Bank AG, London Branch plans to price 0% return enhanced notes due July 2, 2010 linked to a basket of stocks via JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc., according to an FWP filing with the Securities and Exchange Commission.

The equally weighted basket includes the American Depositary Shares of Cemex, SAB de CV and Siemens AG and the common stocks of 3M Co., AGCO Corp., Corning Inc., Deere & Co., Dover Corp., Illinois Tool Works Inc., Textron Inc., Tyco International Ltd. and United Technologies Corp.

The payout at maturity will be par plus 300% of any basket gain, subject to a maximum return of at least 34.35%. The exact cap will be set at pricing. Investors will be fully exposed to any basket decline.

The notes are expected to price on June 13 and settle on June 18.

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