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Published on 8/6/2008 in the Prospect News Structured Products Daily.

Deutsche Bank to price performance securities linked to index basket via UBS

By Jennifer Chiou

New York, Aug. 6 - Deutsche Bank AG, London Branch plans to price 0% performance securities with contingent protection due Aug. 30, 2013 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the Dow Jones Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 25% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 5% weight, the S&P/ASX 200 index with a 5% weight and the MSCI Emerging Markets index with a 5% weight.

The payout at maturity will be par of $10 plus 120% to 130% of any gain on the basket. If the basket finishes below the initial level, but never closes below the trigger level, 50% of its initial level, the payout will be par. Investors will share in any losses if the basket closes below the initial level and finishes below the trigger level at anytime.

The notes will price on Aug. 26 and settle on Aug. 29.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. will be the underwriters.


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