Deutsche Bank amends put option for 12 series of PowerShares DB ETNs

By Angela McDaniels

Tacoma, Wash., March 7 - Deutsche Bank AG, London Branch amended the put option granted to holders of 12 series of PowerShares DB exchange-traded notes, according to 424B3 filings with the Securities and Exchange Commission.

The exercise of the put option is now subject to a minimum of 5,000 notes, or an integral multiple of 5,000 notes in excess thereof.

Prior to the change, holders had to put back at least 200,000 notes, or an integral multiple of 50,000 notes in excess thereof, in order to exercise the put option.

The change became effective at the close of trading Friday and affects the following securities:

• PowerShares DB Agriculture Double Short ETNs due April 1, 2038 (Cusip: 25154H566);

• PowerShares DB Agriculture Double Long ETNs due April 1, 2038 (Cusip: 25154H558);

• PowerShares DB Agriculture Short ETNs due April 1, 2038 (Cusip: 25154H541);

• PowerShares DB Agriculture Long ETNs due April 1, 2038 (Cusip: 25154H533);

• PowerShares DB Base Metals Double Short ETNs due June 1, 2038 (Cusip: 25154K858);

• PowerShares DB Base Metals Double Long ETNs due June 1, 2038 (Cusip: 25154K841);

• PowerShares DB Base Metals Short ETNs due June 1, 2038 (Cusip: 25154K833);

• PowerShares DB Base Metals Long ETNs due June 1, 2038 (Cusip: 25154K825);

• PowerShares DB Commodity Double Short ETNs due April 1, 2038 (Cusip: 25154H);

• PowerShares DB Commodity Double Long ETNs due April 1, 2038 (Cusip: 25154H);

• PowerShares DB Commodity Short ETNs due April 1, 2038 (Cusip: 25154H467);

• PowerShares DB Commodity Long ETNs due April 1, 2038 (Cusip: 25154H459).

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