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Merrill Lynch SA (11LA)

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Wednesday 28 March, 2012

Merrill Lynch SA

Full Redemption

Full Redemption

Deutsche Bank AG


Issue of JPY 325,000,000.00 Bearer Fixed to Share

Linked Coupon Amount Notes due March 2015

Series 2581 Tranche 1 MTN

ISIN: XS0749955943

This Issue has been redeemed early in full, for value date 10-Apr-2012

The new outstanding nominal will be Nil

Please arrange to reflect this in your records