DGAP-DD: Deutsche Bank AG english

DGAP-DD: Deutsche Bank AG english

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 
The person with duty of notification is solely responsible for the content
of this announcement.

Details of the person subject to the disclosure requirement
Last name: Brand
First name: Jacques
Company: Deutsche Bank Securities Inc.

Position: Chief Executive Officer North America

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: 29.01.2014
Price: 49.60
Currency: USD
No. of items: 2791.00
Total amount traded: 138433.60
Place: NYSE

Information about the company with duty of publication

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

End of Directors' Dealings Notification 
(c) DGAP 03.02.2014

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