57OR Hsbc Bk. 25

    


Deutsche Bank AG



Please note that the following Issue has been repurchased by the Issuer:

SI.    ISIN             Issue No   Value Date    Currency     Repurchase     New O/S
 NO                                                            Amount
-----------------------------------------------------------------------------------------
1      XS0313261686     M91468     22/05/2008    USD          300,000        8,430,000
-----------------------------------------------------------------------------------------

Please arrange for this to be reflected in your records.

Hsbc Bk. 25 (LSE:57OR)
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Hsbc Bk. 25 (LSE:57OR)
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