Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EQS Group
AG. 
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Fan
First name: Colin
Company: Deutsche Bank AG

Position: Co-Head of CB&S and Head of Markets

Information about the transaction with duty of notification

Description of the financial instrument: Deutsche Bank AG shares
ISIN/WKN of the financial instrument: DE0005140008
Type of transaction: Buy
Date: 13.06.2014
Price: 22.50
Currency: EUR
No. of items: 23681.00
Total amount traded: 532822.50
Place: OTC

Explanation for publication:

Buy of new shares via exercise of subscription rights (sale of 6
subscription rights at a price of EUR 1.3248 to achieve an even
subscription ratio).

Information about the company with duty of publication

Issuer: Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt a. M.
Deutschland
ISIN: DE0005140008
WKN: 514000


End of Directors' Dealings Notification 
(c) DGAP 18.06.2014

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