Full Redemption


Merrill Lynch B V

Issue of USD 1,000,000 Bearer Callable Fixed Rate

To Index Linked Notes due July 2038 Series 1681

Tranche 1 MTN

ISIN: XS0375087995

This Issue has been early redeemed in full, for value date 13-Jan-2015

The new amount outstanding will be Nil.

Please arrange to reflect this in your records

Short Name: Merrill Lynch SA
Category Code: MSC
Sequence Number: 445348
Time of Receipt (offset from UTC): 20141218T090648+0000


Deutsche Bank AG


Deutsche Bank AG