Deutsche plans to price return notes linked to 15 stocks via JPMorgan

By Susanna Moon

Chicago, June 2 - Deutsche Bank AG, London Branch plans to price 0% return enhanced notes linked to a basket of 15 equally weighted stocks due June 9, 2011, according to an FWP filing with the Securities and Exchange Commission.

The underlying stocks are Apache Corp., Archer-Daniels-Midland Co., Barrick Gold Corp., Cliff's Natural Resources Inc., Companhia Vale do Rio Doce SA, El Paso Corp., Freeport-McMoRan Copper & Gold Inc., Monsanto Co., Newmont Mining Corp., Noble Energy, Inc., Occidental Petroleum Corp., Petroleo Brasileiro SA, Potash Corp. of Saskatchewan Inc., Sociedad Quimica Y Minera de Chile SA and XTO Energy Inc.

The payout at maturity will be par plus triple any basket gain, up to a maximum return of at least 53.1%. The exact cap will be set at pricing.

Investors will be exposed to any basket decline.

The notes will price on June 5 and settle on June 10.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.

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