IMPORTANT NOTICE TO SHAREHOLDERS

LONDON--()--

IMPORTANT NOTICE TO SHAREHOLDERS OF THE FOLLOWING SUB-FUNDS

db x-trackers MSCI Nordic Index UCITS ETF (DR)

(referred to as the “Sub-Fund”)

13 August 2014

Dear Shareholder

The purpose of this letter is to inform you about recent developments in respect of the Sub-Fund in which you hold Shares.

Capitalised terms used in this notice shall have the same meaning ascribed to them in the latest version of the prospectus, dated 28 May 2014, of the Company unless the context otherwise requires.

The Directors of the Company wish to notify you in advance that it is proposed that Deutsche International Corporate Services (Ireland) Limited (the "Investment Manager") will appoint Deutsche Asset and Wealth Management International GmbH as the execution agent (the "Execution Agent") in respect of the Sub-Funds to carry out certain administrative and execution functions for the Sub-Funds. In particular, among other things, the Investment Manager has appointed the Execution Agent to carry out trade execution and investment management compliance monitoring.

The Execution Agent was incorporated in Frankfurt am Main, Germany on 28 October 1983 and is regulated by the German Federal Financial Supervisory Authority (BaFin). The Execution Agent had approximately €52.3 billion in assets under management as at 31 December 2013.

The appointment of Execution Agent will take effect on 27 August 2014 for db x-trackers MSCI Nordic Index UCITS ETF (DR) upon which date the execution agent agreement between the Investment Manager and the Execution Agent will become effective.

If you have any queries or if any of the above is not clear you should seek advice from your stockbroker, bank manager, legal adviser, accountant or other independent financial advisor.

Neither the contents of the Company's website nor the contents of any other website accessible from hyperlinks on the Company's website is incorporated into, or forms part of, this announcement.

Thank you for your continuing support of the Company.

Yours faithfully

______________________

Director

For and on behalf of

Concept Fund Solutions plc

Contact information

Concept Fund Solutions plc

78 Sir John Rogerson’s Quay

Dublin 2

Confidential

Registered in Dublin as an open-ended variable capital umbrella investment company with limited liability and as an umbrella fund with segregated liability between sub-funds.

Regulated by the Central Bank of Ireland. Registration Number 393802. Registered Office as above.

Directors: Tom Murray, Peter Murray, Michael Whelan, Gerry Grimes, Alex McKenna (UK), Manooj Mistry (UK)

Concept Fund Solutions plc (the "Company")

78 Sir John Rogerson’s Quay

Dublin 2

Registered in Dublin as an open-ended variable capital umbrella investment company with limited liability and as an umbrella fund with segregated liability between sub-funds.

Regulated by the Central Bank of Ireland. Registration Number 393802. Registered Office as above.

Directors: Tom Murray, Peter Murray, Michael Whelan, Gerry Grimes, Alex McKenna (UK), Manooj Mistry (UK)

Short Name: Concept Fund Solutions
Category Code: MSC
Sequence Number: 428698
Time of Receipt (offset from UTC): 20140813T080446+0100

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Concept Fund Solutions

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Contacts

Concept Fund Solutions