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Published on 3/30/2009 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank sells $6.15 million return optimization notes linked to S&P 500 via UBS

By E. Janene Geiss

Philadelphia, March 30 - Deutsche Bank AG, London Branch priced a $6.15 million issue of 0% return optimization securities due March 28, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

Payout at maturity will be par of $10 plus double any gain on the index, up to a maximum return of 110% of par.

Investors are fully exposed to any index decline.

Issuer:Deutsche Bank AG, London Branch
Issue:Return optimization securities
Underlying index:S&P 500
Amount:$6,154,100
Maturity:March 28, 2013
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus double any index gain, capped at 110% of par; full exposure to any losses
Initial index level:832.86
Pricing date:March 26
Settlement date:March 31
Agents:UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:0.3%

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