Deutsche Bank db X-trackers

db X-trackers ETFs Simply buy the market There are now over 100 db X-trackers ETFs listed on the London Stock Exchange providing exposure to UK and international equity, currencies, money markets, xed income, credit and commodity indices1. Investors have a broad range of products to choose from, including ETFs on theme and sector indices and emerging markets such as Vietnam, Malaysia, Thailand, China. All db X-trackers ETFs are built on the solid and stable foundations of Deutsche Bank and further more provide peace of mind as they are supervised under the UCITS III regulations. With the exception of ETFs on money market indices, all db X-trackers ETFs are eligible for ISAs and SIPPs. The Sterling and Dollar money market ETFs are eligible for the cash component of ISAs only.
1

This document only includes db X-trackers ETFs on equity indices. For further details regarding other asset classes please refer to our document Current product offering ETFs on Currencies, Money Market, Credit, Fixed Income, Commodities and Alternatives.

Current product offering ETFs on Equities listed on the London Stock Exchange
db X-trackers ETFs on All-inFee in % p.a. Income Treatment Sedol Exchange Exchange Code Code (GBP) (USD) ISIN Reuters Code (GBP) Bloomberg Trading Ticker (GBP) Currency ETF Base Currency

Equities Countries FTSE 100 (UK)* FTSE 250 (UK)* FTSE All-Share (UK)* FTSE China 25* FTSE Vietnam* MSCI Brazil TRN Index* MSCI Canada TRN Index MSCI Chile TRN Index MSCI China TRN Index MSCI India TRN Index MSCI Indonesia TRN Index MSCI Japan TRN Index* MSCI Korea TRN Index* MSCI Malaysia TRN Index MSCI Mexico TRN Index MSCI Philippines IM TRN Index ETF MSCI Russia Capped Index* MSCI Taiwan TRN Index* MSCI Thailand TRN Index MSCI USA TRN Index* Russell 2000 (USA)* Russell Midcap Index S&P 500 (USA) S&P CNX NIFTY (India)* S&P U.S. Carbon Efcient (USA)* S&P/ASX 200 (Australia)* Shorts & Leveraged CAC 40 Short Daily (France)* FTSE 100 Leveraged Daily (2x) (UK) 0.50 0.50 0.50 0.50 0.75 0.35 0.70 0.60 0.50 0.40 0.60 reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting B3KRXJ1 B61BJ73 B39DX78 B5MHQV6 B44MR75 B614SD1 B614WJ5 B61NZ71 B2PDKQ3 B2PDK96 B61BDZ9 XLDX XT21 XSL2 XSPS XSDX XSD2 XT2D XSLD XSPD XC4S XUL2 XUKS XULS XHSD LU0322251280 LU0412625088 LU0328473581 LU0412624941 LU0429790313 LU0411075376 LU0411078636 LU0411078552 LU0322251520 LU0292106241 LU0411075020 XC4S.L XUL2.L XUKS.L XULS.L XHSD.L XLDX .L XT21 .L XSL2 .L XSPS.L XSDX.L XSD2 .L XC4S LN XUL2 LN XUKS LN XULS LN XHSD LN XLDX LN XT21 LN XSL2 LN XSPS LN XSDX LN XSD2 LN GBP GBP GBP GBp USD GBP GBP/USD GBP/USD GBP/USD GBP GBP EUR GBP GBP GBP USD EUR USD USD USD EUR EUR 0.30 0.35 0.40 0.60 0.85 0.65 0.35 0.65 0.65 0.75 0.65 0.50 0.65 0.50 0.65 0.65 0.65 0.65 0.50 0.30 0.45 0.35 0.20 0.85 0.50 0.50 distributing distributing distributing reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting distributing reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting B1WJZ39 B1WK0B5 B1WK2H5 B1WKZB0 B2PDKW9 B1WKYS0 B569QW9 B41MRN4 B4LV9V3 B41JFV9 B5SZD35 B1WG994 B1WKZ76 B4LZ6C5 B42Y5M4 B5NRV32 B2PDKV8 B1WKYK2 B40BCN7 B1WG9B6 B3BXXY3 B620S72 B690381 B1WKZ09 B3Z4VB5 B2PDL26 XCX6 XCX5 XMID XMJP XKS2 XCX3 XMEX XPHG XMRC XMTW XCX4 XMUS XRU2 XRMD XSPX XNIF XGRC XAUS XMJD XKSD XCS3 XMES XPHI XMRD XMTD XCS4 XMUD XRUD XRUM XSPU XNID XGRD XUKX XMCX XASX XX25 XFVT XMBR XCAN XX2D XVTD XMBD XCAD XMCL XCS6 XCS5 LU0292097234 LU0292097317 LU0292097747 LU0292109856 LU0322252924 LU0292109344 LU0476289540 LU0592217797 LU0514695690 LU0514695187 LU0476289623 LU0274209740 LU0292100046 LU0514694370 LU0476289466 LU0592215403 LU0322252502 LU0292109187 LU0514694701 LU0274210672 LU0322248658 LU0592217953 LU0490618542 LU0292109690 LU0411076002 LU0328474803 XUKX.L XMCX.L XASX.L XX25.L XFVT.L XMBR.L XCAN.L XMCL.L XCX6.L XCX5.L XMID.L XMJP.L XKS2.L XCX3.L XMEX.L XPHG.L XMRC.L XMTW.L XCX4.L XMUS.L XRU2.L XRMD.L XSPX.L XNIF.L XGRC.L XAUS.L XUKX LN XMCX LN XASX LN XX25 LN XFVT LN XMBR LN XCAN LN XMCL LN XCX6 LN XCX5 LN XMID LN XMJP LN XKS2 LN XCX3 LN XMEX LN XPHG LN XMRC LN XMTW LN XCX4 LN XMUS LN XRU2 LN XRMD LN XSPX LN XNIF LN XGRC LN XAUS LN GBP GBP GBP GBP/USD GBP/USD GBP/USD GBP/USD USD GBP/USD GBP/USD GBP GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GPB/USD GBP/USD GBP/USD GBP GBP GBP GBP USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD AUD

db X-trackers Simply buy the market

FTSE 100 Short Daily (UK)* FTSE 100 Super Short Daily (UK) HSI Short Daily Index (Hong Kong)* LEVDAX Daily (2x) (Germany) S&P 500 2X Inverse Daily (-2x) (USA) S&P 500 2X Leveraged Daily (2x) (USA) S&P 500 Inverse Daily (USA)* ShortDAX Daily (Germany)* ShortDAX X2 Daily (-2x) (Germany)

* Certied as a Distributing Fund in the UK for the nancial year ending December 2009.

db_x_trackers_022

Deutsche Bank db X-trackers

Current product offering ETFs on Equities listed on the London Stock Exchange
db X-trackers ETFs on All-inFee in % p.a. Income Treatment Sedol Exchange Exchange Code Code (GBP) (USD) ISIN Reuters Code (GBP) Bloomberg Trading Ticker (GBP) Currency ETF Base Currency

Equities Regions EURO STOXX 50 * EURO STOXX 50 * EURO STOXX Select Dividend 30* FTSE All-World Ex UK* MSCI AC Asia Ex Japan High Dividend Yield Index ETF MSCI AC Asia ex Japan TRN Index* MSCI BRIC TRN Index MSCI EFM Africa Top 50 Capped TRN Index MSCI EM Asia TRN Index* MSCI EM Eastern Europe 10/40 TRN Index MSCI EM EMEA TRN Index* MSCI EM LatAm TRN Index * MSCI Emerging Markets TRN Index* MSCI Europe Mid Cap TRN Index* MSCI Europe Small Cap TRN Index* MSCI Europe TRN Index* MSCI Pacic ex Japan TRN Index* MSCI World TRN Index* S&P Select Frontier* STOXX Europe 600* STOXX Global Select Dividend 100* Shorts & Leveraged EURO STOXX 50 Double Short Daily (-2x) EURO STOXX 50 Leveraged Daily (2x) EURO STOXX 50 Short Daily* MSCI Emerging Market Short Daily Index Equities Sectors FTSE EPRA/NAREIT Developed Europe Real Estate FTSE EPRA/NAREIT Eurozone Real Estate FTSE EPRA/NAREIT Global Real Estate MSCI Emerging Markets Consumer Discretionary TRN Index MSCI Emerging Markets Consumer Staples TRN Index MSCI Emerging Markets Energy TRN Index MSCI Emerging Markets Financials TRN Index 0.40 0.35 0.60 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting B5QM0F9 B3X2YS9 B679J37 B5T82G9 B3V7WT3 B43PRQ4 B3X8Y98 B5W0GW6 B405950 B4WW7Y4 B4TJJY2 B4L40Z3 XMEN LN XDER XREU XGLR XGPD XMEC XECS XMEY XMEF XMEH XMEI XMET XEMM XMEN XEUT LU0489337690 LU0489336965 LU0489337005 LU0592216476 LU0592216559 LU0592216633 LU0592216807 LU0592216989 LU0592217011 LU0592217102 LU0592217284 LU0592217367 LU0592217441 XDER.L XREU.L XGLR.L XMEC.L XECS.L XMEY.L XMEF.L XMEH.L XMEI.L XMET.L XEMM.L XMEN.L XEUT.L XDER.LN XREU LN XGLR LN XMEC LN XECS LN XMEY LN XMEF LN XMEH LN XMEI LN XMET LN XEMM LN XMEN LN XEUT LN GBP GBP GBP/USD USD USD USD USD USD USD USD USD USD USD EUR EUR USD USD USD USD USD USD USD USD USD USD USD 0.50 0.35 0.40 0.95 reinvesting reinvesting reinvesting reinvesting B61N935 B616150 B2PDKB8 B56WZ87 XEDS XEL2 XSSX XESG XEMD LU0417510616 LU0411077828 LU0292106753 LU0518622286 XEDS.L XEL2 .L XSSX.L XESG.L XEDS LN XEL2 LN XESX LN XESG LN GBP GBP GBP GBP/USD EUR EUR EUR USD 0.00 0.00 0.30 0.40 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.65 0.40 0.40 0.30 0.45 0.45 0.95 0.20 0.50 distributing reinvesting distributing reinvesting distributing reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting distributing B2PDCG7 B4STTG5 B1WKZD2 B2PDKD0 B4R3XJ9 B3BXXT8 B510DQ0 B4KK7T5 B1WKYB3 B458XR4 B1WKRD6 B1WKQ28 B1WK424 B39VCQ4 B39VCS6 B1WG983 B3BXXW1 B1WG961 B2PDL59 B3BXY06 B1WKZH6 XMAS XEME XMEA XMLA XMEM XEUM XXSC XMEU XPXJ XMWO XSFR XSX6 XGSD XGDD XMED XPXD XMWD XSFD XESX XESC XD3E XWXU XAHG XAXJ XBRI XAHD XAXD XBRD XMAF XMAD XMEE XMXD XMLD XMMD LU0274211217 LU0380865021 LU0292095535 LU0322254383 LU0592215825 LU0322252171 LU0589685956 LU0592217524 LU0292107991 LU0592217870 LU0292109005 LU0292108619 LU0292107645 LU0322253732 LU0322253906 LU0274209237 LU0322252338 LU0274208692 LU0328476410 LU0328475792 LU0292096186 XESX.L XESC.L XD3E.L XWXU.L XAHG.L XAXJ.L XBRI.L XMAF.L XMAS.L XEME.L XMEA.L XMLA.L XMEM.L XEUM.L XXSC.L XMEU.L XPXJ.L XESX LN XESC LN XD3E LN XWXU LN XAHG LN XAXJ LN XBRI LN XMAF LN XMAS LN XEME LN XMEA LN XMLA LN XMEM LN XEUM LN XXSC LN XMEU LN XPXJ LN GBP GBP GBP GBP GBP/USD GBP/USD GBP/USD USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP GBP GBP/USD GBP/USD GBP/USD GBP/USD GBP GBP/USD EUR EUR EUR GBP USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD EUR EUR

XMWO.L XMWO LN XSFR.L XSX6.L XGSD.L XSFR LN XSX6 LN XGSD LN

db X-trackers Simply buy the market

MSCI Emerging Markets Healthcare TRN Index MSCI Emerging Markets Industrials TRN Index MSCI Emerging Markets Information Technology TRN Index MSCI Emerging Markets Materials TRN Index MSCI Emerging Markets Telecommunication Services TRN Index MSCI Emerging Markets Utilities TRN Index

* Certied as a Distributing Fund in the UK for the nancial year ending December 2009.

Current product offering ETFs on Equities listed on the London Stock Exchange
db X-trackers ETFs on All-inFee in % p.a. Income Treatment Sedol Exchange Exchange Code Code (GBP) (USD) ISIN Reuters Code (GBP) Bloomberg Trading Ticker (GBP) Currency ETF Base Currency

Equities Sectors (continued) MSCI World Consumer Discretionary TRN Index MSCI World Consumer Staples TRN Index MSCI World Energy TRN Index MSCI World Financials TRN Index MSCI World Health Care TRN Index MSCI World Industrials TRN Index MSCI World Information Technology TRN Index MSCI World Materials TRN Index MSCI World Telecommunication Services TRN Index MSCI World Utilities TRN Index S&P Global Infrastructure* STOXX Europe 600 Banks* STOXX Europe 600 Basic Resources* STOXX Europe 600 Food & Beverage* STOXX Europe 600 Health Care* STOXX Europe 600 Industrial Goods* STOXX Europe 600 Insurance* STOXX Europe 600 Oil & Gas* STOXX Europe 600 Technology* STOXX Europe 600 Telecommunications* STOXX Europe 600 Utilities* Shorts & Leveraged STOXX Europe 600 Banks Short Daily* STOXX Europe 600 Basic Resources Short Daily* STOXX Europe 600 Health Care Short Daily* STOXX Europe 600 Industrial Goods Short Daily* STOXX Europe 600 Insurance Short Daily* STOXX Europe 600 Oil & Gas Short Daily* STOXX Europe 600 Technology Short Daily* STOXX Europe 600 Telecommunications Short Daily* STOXX Europe 600 Utilities Short Daily* Equities Themes DJ Islamic Market Titans 100SM* Global Fund Supporters ETF (DR**) S&P 500 Sharia* S&P Europe 350 Sharia* S&P Japan 500 Sharia* Fixed Income Sovereigns iBoxx $ Treasuries 1-3 TR Index iBoxx $ Treasuries TR Index iBoxx Gilts TR Index iBoxx Euro Sovereigns Eurozone TR Index iBoxx UK Gilt Ination-linked TR Index USD IG Ination Linked Treasuries TR Index 0.15 0.15 0.20 0.15 0.20 0.20 reinvesting reinvesting distributing reinvesting distributing reinvesting B44W5G8 B462N97 B3KLGH2 B600ZV7 B3KLGM7 B435D66 XBUI XUIT XBUT XUT3 XUTD LU0429458895 LU0429459356 LU0321464066 LU0290355717 LU0321464223 LU0429459513 XUT3.L XUTD.L XBUT.L XGLES.L XBUI.L XUIT.L XUT3 LN XUTD LN XBUT LN XGLE LN XBUI LN XUIT LN USD USD GBP EUR GBP USD USD USD GBP EUR GBP USD 0.50 0.25 0.50 0.50 0.50 reinvesting distributing reinvesting reinvesting reinvesting B2PDLC6 B3W9KR2 B2PDLB5 B2PDL71 B2PDL93 XIMT XGED XSHU XSHE XSHJ XGFU LU0328475529 IE00B46F7724 LU0328475362 LU0328475107 LU0328475289 XIMT.L XGED.L XSHU.L XSHE.L XSHJ.L XIMT LN XGED LN XSHU LN XSHE LN XSHJ LN GBP GBp/USD GBP GBP GBP USD USD USD EUR USD 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting B39DWP9 B44GDZ7 B39DWS2 B44GGT2 B44MMF8 B39DWV5 B39DWW6 B39DX01 B44MP82 XS7S XBRS XSDS XIGS XSIS XSES XS8S XSKS XS6S LU0322249037 LU0412624354 LU0322249466 LU0412624511 LU0412624602 LU0322249623 LU0322250043 LU0322250126 LU0412624867 XS7S.L XBRS.L XSDS.L XIGS.L XSIS.L XSES.L XS8S.L XSKS.L XS6S.L XS7S LN XBRS LN XSDS LN XIGS LN XSIS LN XSES LN XS8S LN XSKS LN XS6S LN GBP GBP GBP GBP GBP GBP GBP GBP GBP EUR EUR EUR EUR EUR EUR EUR EUR EUR 0.45 0.45 0.45 0.45 0.45 0.45 0.45 0.45 0.45 0.45 0.60 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting reinvesting B3WFXC6 B3W7SY9 B3Z1XR6 B3K6L27 B3X5MS4 B3WN3J7 B3W6WZ5 B435X77 B3NGKZ0 B3NPG59 B2PDL04 B39DXD4 B39DX89 B39DXQ7 B39DXC3 B39DXT0 B39DXM3 B39DX90 B39DXG7 B39DXF6 B39DXH8 XWSC XWSS XWSE XWSF XWSH XWSI XWSN XWSM XWST XWSU XSGI XS7R XSPR XS3R XSDR XSNR XSIR XSER XS8R XSKR XS6R XWCD XWSD XWED XWFD XWHD XWID XWND XWMD XWTD XWUT XGID LU0540979720 LU0540980066 LU0540980736 LU0540980140 LU0540980223 LU0540981387 LU0540980496 LU0540980819 LU0540980579 LU0540980652 LU0322253229 LU0292103651 LU0292100806 LU0292105359 LU0292103222 LU0292106084 LU0292105193 LU0292101796 LU0292104469 LU0292104030 LU0292104899 XWSC.L XWSS.L XWSE.L XWSF.L XWSH.L XWSI.L XWSN.L XWSM.L XWST.L XWSU.L XSGI.L XS7R.L XSPR.L XS3R.L XSDR.L XSNR.L XSIR.L XSER.L XS8R.L XSKR.L XS6R.L XWSC LN XWSS LN XWSE LN XWSF LN XWSH LN XWSI LN XWSN LN XWSM LN XWST LN XWSU LN XSGI LN XS7R LN XSPR LN XS3R LN XSDR LN XSNR LN XSIR LN XSER LN XS8R LN XSKR LN XS6R LN GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP/USD GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP USD USD USD USD USD USD USD USD USD USD USD EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR

* Certied as a Distributing Fund in the UK for the nancial year ending December 2009 ** Direct Replication

Deutsche Bank db X-trackers

Current product offering ETFs on Equities listed on the London Stock Exchange
db X-trackers ETFs on All-inFee in % p.a. Income Treatment Sedol Exchange Exchange Code Code (GBP) (USD) ISIN Reuters Code (GBP) Bloomberg Ticker (GBP) Trading Currency ETF Base Currency

Fixed Income Sovereigns / Shorts & Leveraged US Treasuries Short Daily Index UK Gilts Short Daily Index Money Market EONIA TR Index Sterling Money Market US Dollar Money Market Commodities Diversied DBLCI OY Balanced (USD) DBLCI OY Balanced* (EUR) DBLCI OY Balanced (GBP) Currencies Currency Returns (GBP) Currency Returns (USD) Alternatives DB Equity Strategies Hedge Fund DB Equity Strategies Hedge Fund db Hedge Fund Index (GBP)* db Hedge Fund Index (USD)* LPX MM Private Equity* 0.90 0.90 0.90 0.90 0.70 reinvesting reinvesting reinvesting reinvesting reinvesting B66G3M6 B686QJ2 B62H4R5 B62H345 B2PDKY1 XLPE XHEG XHFG XHFD XHFE LU0519153562 LU0519153646 LU0434446208 LU0434446117 LU0322250712 XHFE.L XHEG.L XHFG.L XHFD.L XLPE.L XHFE LN XHEG LN XHFG LN XHFD LN XLPE LN USD GBP GBP USD GBP USD GBP GBP USD EUR 0.35 0.35 reinvesting reinvesting B3VNV16 B3R5DK9 XCRG XCRD LU0511381559 LU0511381047 XCRG.L XCRD.L XCRG LN XCRD LN GBP USD GBP USD 0.55 0.55 0.55 reinvesting reinvesting reinvesting B5V4RV5 B3FFBF2 B6873M7 XDBC XDBG XBCU XDBD LU0460391732 LU0292106167 LU0460391906 XBCU.L XDBC.L XDBG.L XBCU LN XDBC LN XDBG LN USD GBP/USD GBP USD EUR GBP 0.15 0.15 0.15 reinvesting reinvesting reinvesting B59CLW0 B2QSN46 B2QSMC7 XEO2 XGBP XUSD LU0378820202 LU0356592187 LU0356591882 XEO2.L XGBP.L XUSD.L XEO2 LN XGBP LN XUSD LN GBP GBP USD EUR GBP USD 0.25 0.25 reinvesting reinvesting B53FQB9 B57ZN58 XUGS XUTS LU0429458622 LU0429459430 XUTS.L XUGS.L XUTS LN XUGS LN USD GBP USD GBP

* Certied as a Distributing Fund in the UK for the nancial year ending December 2009.

Further information Website: www.dbxtrackers.com E-Mail: info.dbx-trackers@db.com UK Hotline: 020 7547 1747

Bloomberg: DBETF <GO> Reuters: DBETF

IFAs, Wholesale & Platforms Contact Private Wealth Contacts

David Patterson 0121 615 7410 Jonathan Kent Karl Tuck 020 7547 5223 020 7547 7203

db X-trackers Simply buy the market

Important Information: Important information: This fact sheet contains a short summary description of the above mentioned ETFs and is for discussion purposes only. A complete description of the funds is in the respective and most recent prospectus of the above mentioned ETFs. This fact sheet is not for distribution to, or for the attention of, US or Canadian persons. Without limitation, this fact sheet does not constitute an offer or a recommendation to enter into any transaction. When making an investment decision, you should rely solely on the nal documentation and any prospectus relating to the transaction and not this summary. Investment strategies involve numerous risks. Prospective investors or counterparties should discuss with their professional tax, legal, accounting and other adviser(s) the effect of any transaction they may enter into, including the possible risks and benets of such transaction. and should ensure that they fully understand the transaction and have made an independent assessment of the appropriateness of such transaction in the light of their own objectives and circumstances. In no way should Deutsche Bank be deemed to be holding itself out as a nancial adviser or a duciary of the recipient hereof. Deutsche Bank may make a market or trade in instruments economically related to fund units or derivatives mentioned herein, and/or have investment banking or other relationships with issuers of the relevant securities. Deutsche Bank actively manages various risks, and on occasion may deal in securities mentioned in this document or in related instruments during the period between your receipt of this fact sheet and the award of any order. Whilst Deutsche Banks trading or hedging activities are not intended to have any signicant impact upon prices, its dealings could affect the prices you pay or receive for transactions in related securities or fund units. Deutsche Bank, and its current and future subsidiaries, parents, afliates, divisions, ofcers, directors, agents and/or employees, disclaim all liability with respect to this document and the information herein, and are not liable for any errors or omissions, or for any damages howsoever arising from any reliance placed thereon, save as required by applicable laws and regulations. All Phone calls are recorded. The index sponsors of the indices referred to herein (including Deutsche Bank AG) make no warranty or representation whatsoever either as to the results obtained from use of the indices and/or the gures at which the said indices stand at any particular day or otherwise. These index sponsors shall not be liable to any person for any error in their indices and shall not be under any obligation to advise any person of any error therein. Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin Federal Financial Supervising Authority) and regulated by the Financial Services Authority for the conduct of UK business. The registered address of Deutsche Bank AG, London Branch is Winchester House, 1 Great Winchester Street, London EC2N 2DB. 2011 Deutsche Bank AG.