Filed pursuant to Rule 433
Registration Statement No. 333-162195
Dated March 3, 2010

The PowerShares DB Base Metals Double Long Exchange Traded Note (Symbol: BDD), PowerShares DB Base Metals Long Exchange Traded Note (Symbol: BDG), PowerShares DB Base Metals Short Exchange Traded Note (Symbol: BOS) and PowerShares DB Base Metals Double Short Exchange Traded Note (Symbol: BOM) (collectively, the "PowerShares DB Base Metals ETNs") are the first United States exchange traded products that provide investors with a cost-effective and convenient way to take a long, short or leveraged view on the performance of base metals.

All of the PowerShares DB Base Metals ETNs are based on a total return version of the Deutsche Bank Liquid Commodity Index-Optimum Yield Industrial Metals™ (the "Index"), which is designed to reflect the performance of certain aluminum, copper and zinc futures contracts plus the returns from investing in 3 month United States Treasury bills.

Investors can buy and sell PowerShares DB Base Metals ETNs at market price on the NYSE Arca exchange or receive a cash payment at the scheduled maturity or early redemption based on the performance of the index less investor fees. Investors may redeem PowerShares DB Base Metals ETNs in blocks of no less than 200,000 securities and integral multiples of 50,000 securities thereafter, subject to the procedures described in the pricing supplement which include a fee of up to $0.03 per security.

Fact SheetProspectus

Financial Details
 BDDBDGBOSBOM
Last Update9/3/2010
3:59 PM EST		9/3/2010
3:56 PM EST		9/3/2010
3:38 PM EST		9/3/2010
3:05 PM EST
Price14.3922.4621.9315.76
Indicative Intra-day Value14.3021.9822.0915.90
Last End of Day RP Value14.364722.030222.036715.818
Last Date for End of Day Value9/2/20109/2/20109/2/20109/2/2010
Index History1 (Growth of $10,000 since July 31, 2006)
PowerShares DB Base Metals ETN & Index Data
Ticker Symbols
Base Metals Double Long BDD
Base Metals Long BDG
Base Metals Short BOS
Base Metals Double Short BOM
Intraday Indicative Value Symbols
Base Metals Double Long BDDIV
Base Metals Long BDGIV
Base Metals Short BOSIV
Base Metals Double Short BOMIV
CUSIP Symbols
Base Metals Double Long 25154K841
Base Metals Long 25154K825
Base Metals Short 25154K833
Base Metals Double Short 25154K858
Details
ETN price at listing $25.00
Inception date 6/16/08
Maturity date 6/1/38
Yearly investor fee 0.75%
Listing exchange NYSE Arca
Index Symbol DBBMIX
Issuer
Deutsche Bank AG, London Branch
Long-term Unsecured Obligations
Risks
  • Non-principal protected
  • Leveraged losses
  • Subject to an investor fee
  • Limitations on repurchase
  • Concentrated exposure to Base Metals
  • Acceleration risk
Benefits
  • Leveraged and short notes
  • Relatively low cost
  • Intraday access
  • Listed
  • Transparent
  • Tax treatment3
ETN Performance & Index History (%)1
As of 6/30/20101 Year3 Year5 Year10 YearInception
ETN Performance
Base Metals Double Long34.70----33.22
Base Metals Long20.07----12.25
Base Metals Short-23.76---1.50
Base Metals Double Short-46.12----6.08
 
Index History
Deutsche Bank Liquid Commodity Index-Optimum Yield Industrial Metals™ +2x Levered34.70-28.86---33.22
Deutsche Bank Liquid Commodity Index-Optimum Yield Industrial Metals™ +1x Levered20.07-10.51---12.25
Deutsche Bank Liquid Commodity Index-Optimum Industrial Metals™ -1x Levered-23.763.22--1.50
Deutsche Bank Liquid Commodity Index-Optimum Industrial Metals™ -2x Levered-46.12-2.26---6.08
 
Comparative Indexes2
S&P 500 Index14.43-9.81---10.32
Barclays Capital U.S. Aggregate Bond Index9.507.55--8.10

Index Weights
As of 9/2/2010
CommodityContract Expiry DateWeight (%)
Aluminium11/17/201032.90
Copper - Grade A3/16/201136.35
Zinc5/18/201130.75

Source: Invesco PowerShares, Bloomberg
1Index history is for illustrative purposes only and does not represent actual PowerShares DB Base Metals ETN performance. The inception date of the Deutsche Bank Liquid Commodity Index - Optimum Yield Industrial Metals™ is July 12, 2006. Index history is based on a combination of the monthly returns from the Deutsche Bank Liquid Commodity Index — Optimum Yield Industrial Metals Excess Return™ (the “Base Metals Index”) plus the monthly returns from the DB 3-Month T-Bill Index (the “T-Bill Index”), resetting monthly as per the formula applied to the PowerShares DB Base Metals ETNs, less the investor fee. The Base Metals Index is intended to reflect changes in the market value of certain futures contracts on aluminum, copper and zinc. The T-Bill Index is intended to approximate the returns from investing in 3-month United States Treasury bills on a rolling basis.
Index history does not reflect any transaction costs or expenses. Indexes are unmanaged, and you cannot invest directly in an index. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. For current index and PowerShares DB Base Metals ETN performance, go to dbfunds.db.com/notes.
2The S&P 500® Index is an unmanaged index used as a measurement of change in stock market conditions based on the performance of a specified group of common stocks. The Barclays Capital U.S. Aggregate Bond Index™ is an unmanaged index considered representative of the U.S. investment-grade, fixed-rate bond market. Correlation indicates the degree to which two investments have historically moved in the same direction and magnitude. Volatility is the annualized standard deviation of monthly index returns.
3Deutsche Bank AG, London Branch, Invesco PowerShares and their affiliates do not provide tax advice, and nothing contained herein should be construed to be tax advice. Please be advised that any discussion of U.S. tax matters contained herein (including attachments) (i) is not intended or written to be used, and cannot be used, by you for the purpose of avoiding U.S. tax related penalties and (ii) was written to support the promotion or marketing of the transactions or matters addressed herein. Accordingly, you should seek advice based on your particular circumstances from an independent tax advisor.
An investment in the PowerShares DB Base Metals ETNs involves risks, including possible loss of principal. For a description of the main risks, see "Risk Factors" in the applicable pricing supplement.
Not FDIC Insured — No Bank Guarantee — May Lose Value
The PowerShares DB Base Metals ETNs are senior unsecured obligations of Deutsche Bank AG, London Branch that are linked to the Index. The PowerShares DB Base Metals ETNs are riskier than ordinary unsecured debt securities and have no principal protection. Risks of investing in the PowerShares DB Base Metals ETNs include limited portfolio diversification, uncertain principal repayment, trade price fluctuations, illiquidity and leveraged losses. Investing in the PowerShares DB Base Metals ETNs is not equivalent to a direct investment in the Index or index components. The investor fee will reduce the amount of your return at maturity or upon redemption of your PowerShares DB Base Metals ETNs even if the value of the relevant index has increased. If at any time the redemption value of the PowerShares DB Base Metals ETNs is zero, your investment will expire worthless. Deutsche Bank may accelerate the PowerShares DB Base Metals ETNs upon the occurrence of a regulatory event as described in the pricing supplement. Ordinary brokerage commissions apply, and there are tax consequences in the event of sale, redemption or maturity of the PowerShares DB Base Metals ETNs. Sales in the secondary market may result in losses. An investment in the PowerShares DB Base Metals ETNs may not be suitable for all investors.
The PowerShares DB Base Metals ETNs are concentrated in aluminum, copper and zinc futures contracts. The market value of the PowerShares DB Base Metals ETNs may be influenced by many unpredictable factors, including, among other things, volatile base metal prices, changes in supply and demand relationships, changes in interest rates, and monetary and other governmental actions. The PowerShares DB Base Metals ETNs are concentrated in a single commodity sector, are speculative and generally will exhibit higher volatility than commodity products linked to more than one commodity sector.
The PowerShares DB Base Metals Double Long ETN and PowerShares DB Base Metals Double Short ETN are both leveraged investments. As such, they are likely to be more volatile than an unleveraged investment. There is also a greater risk of loss of principal associated with a leveraged investment than with an unleveraged investment.