Source - BUS

FRN Variable Rate Fix

Deutsche Bank AG

GLENCORE FUNDING LLC

USD 500,000,000 FLOATING RATE NOTES

DUE 2019

144A

ISSUE NAME.

Our Ref. BA2692

ISIN Code. US378272AE88

INTEREST AMT PER DENOM.

CURRENCY CODE. USD

DAY BASIS. Actual/360 (A004)

NUM OF DAYS. 92

INTEREST RATE. 2.71917 PCT

VALUE DATE. 16/01/2018

INTEREST PERIOD. 16/10/2017 TO 16/01/2018

USD 1,000.00 IS USD 0

POOL FACTOR. N/A