DGAP-DD: Deutsche Bank AG english

| Source: EQS Group AG EQS Group AG 


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

Directors' Dealings notification transmitted by DGAP - a company of EquityStory
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: Kröner
First name: Dr. Michael
Company: Deutsche Bank AG

Position: Global Head of Tax

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: Sale
Date: 25.05.2011
Price: 40.703
Currency: EUR
No. of items: 7127.00
Total amount traded: 290089.64
Place: Xetra

Explanation for publication:

Sale in partial executions (weighted average price €40.703)

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 30.05.2011

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