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EFTA01451134

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Indicative Term Sheet 8 November,2013 2 Year Pivot Target Profit Forward with European Knock-In on USDJPY • The return on the transaction is linked to the USDJPY Fix. Fluctuations in the market can be significant, and there can be no guarantee that the Currency Pair will perform to yield positive results for you. • Leverage/ gearing increases risks significantly. The high degree of leverage resulting from a relatively small margin requirement can work for or against you, and may result in losses. Such losses are related to market movements and may be greater in value than your investments and collateral provided. You could face substantial margin calls and therefore liquidity problem if the Currency Pair price goes against you. • Deutsche Bank AG ads as principal in this Transaction. Indicative Terms and Conditions Counterparties Trade Date 8-Nov-13 Notional (Monthly) USD 1,000,000 x USD 2,000,000 Exchange Dates 24 monthly Exchange Dates, the first one falling on 12 December 2013, and at monthly intervals thereafter, up to and including 12 November 2015 Please refer to Schedule for Exchange Dates Fixing Dates 2 Business Days prior to each respective Exchange Date Please refer to Schedule for Fixing Dates Monthy Exchange : With respect to each Fixing Date, and subject to the Target Profit Condition: If USDJPY_Fix < Pivot (i) If USDJPY_Fix >= Lower Strike CP receives (in USD), an amount equivalent to 1,000,000 x (USDJPY_Fix — Lower Strike) I USDJPY_Fix on the respective Exchange Date (U) If USDJPY_Fix < Lower Barrier CP pays (in USD), an amount equivalent to 2,000,000 x (Lower Strike — USDJPY_Fix) / USDJPY_Fix on the respective Exchange Date (iii) If Lower Strike > USDJPY_Fix >= Lower Barrier No settlement If US0JPY_Fix >= Pivot (i) If USDJPY_Fix <= Upper Strike CP receives (in USD), an amount equivalent to 1,000,000 x (Upper Strike — USDJPYFix)/ USDJPY_Fix on the respective Exchange Date (ii) If USDJPY_Fix > Upper Barr

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