Buy-Back of Securities


DB ETC plc


Immediate Release 28 November 2012

DB ETC plc (the Issuer)

(incorporated and registered in Jersey under the Companies (Jersey)

Law 1991 (as amended) with registered number 103781)

Re: Buy-Back of ETC Securities Announcement

The Issuer has agreed to buy back the ETC Securities for the following Series as set out in the table below.

Series   Number of Securities to be bought back   Trade Date   Settlement Date   ISIN:
Series 03 - db Physical Silver ETC 120,000 23 November 2012 28 November 2012 GB00B57Y9462

Following the buy-back of the ETC Securities described above, the total number DB ETC plc ETC Securities in issue in relation to this Series will be:

Series 03 - db Physical Silver ETC   415,000

Enquiries to:

DB ETC plc

Short Name: DB ETC Plc
Category Code: MSC
Sequence Number: 353689
Time of Receipt (offset from UTC): 20121128T160426+0000


Deutsche Bank AG


Deutsche Bank AG