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 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: Cohrs
First name: Michael
Company: Deutsche Bank AG

Position: Member of the Group Executive Committe, Head of Global Banking

Information about the transaction with duty of notification

Description of the financial instrument: Call Option
ISIN/WKN of the financial instrument: unavailable
Type of transaction: Sell
Date: 28.05.2008
Price: 1.35
Currency: USD
No. of items: 250
Total amount traded: 33750
Place: Chicago Board Options Exchange

Description of the derivative

Description of the underlying instrument: Deutsche Bank AG Share
Underlying (WKN/ISIN): DE0005140008
Price multiplier: 100
Strike price: 130.00
Currency: USD
Expiration date: 17.01.2009

Explanation for publication:

Sale executed via a joint account held by Michael Cohrs and his wife,
Arlene Cohrs.

Information about the company with duty of publication

Issuer: Deutsche Bank AG
Theodor-Heuss-Allee 70
60486 Frankfurt a. M.
Deutschland
ISIN: DE0005140008
WKN: 514000


End of Directors' Dealings Notification (c) DGAP 02.06.2008 

Financial News transmitted by DGAP
ID 6126