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Db-X ETC db Physical Nickel ETC db-X ETC Exchange Traded Commodities' db Physical Industrial Metals Exchange Traded Commodities (db Physical I'm ETC's) are transparent securities that trade on regulated
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Db Physical I'm ETC's are registered with the Commodity Futures Trading Commission (CFTC) as “physical” commodities and, as an issuer, require “proclaiming” by the Commodity Futures Trading Commission (CFTC) in order to access futures markets. Db Physical I'm ETC's are subject to the CFTC's regulations governing the conduct of trades involving physical commodities, including the “know your customer” (KYC) obligations and record-keeping requirements. The exchange quoted db Physical I'm ETC's in the U.S. on a NYSE Area exchange and the LME in Europe. Db Physical I'm ETC's are listed on a number of other stock exchanges and futures exchanges including: Euronext. Euronext is traded on the NYSE Area exchange. Euronext and Euronext International are regulated by the U.S. Federal Reserve. Euronext International is regulated by the Commodity Futures Trading Commission (CFTC). Euronext International, LME, Euronext International, and Euronext International Group are regulated by the Commodity Futures Trading Commission (CFTC). Euronext International Group is listed on the New York Mercantile Exchange (NYMEX). Db-X ETC's are listed in the NYSE Area Exchange, with the following exceptions based on the location of the issuing entity (e.g., U.K. on the London Metal Exchange): db-X ETC's in Hong Kong on the Hong Kong exchange are listed on the Hong Kong Exchange, not on the HK. Db-X ETC's or db-X-X ETC's based on the country of issue are listed on the issuing entity's home/domestic stock exchange/index. The following is a list of the international stock indices that use the name db-X ETC. A more detailed listing on our other ETC securities can be found in the “Investor Information” section below. As described in the “Description” section below, the terms, definitions and standards set forth in the Registration Statement linked above constitute the only warranties that we make regarding the securities described/linked to herein. None of the other warranties and guaranties set forth in the Registration Statement will be deemed to limit or restrict your rights as a subscriber/investor/holder, or otherwise affect in any way your legal rights or any of your economic rights.

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