DWS GO SAFE EURO STOXX 50® Discount 75

PRODUCT INFO DWS GO SAFE EURO STOXX 50® Discount 75 Europe at a discount Product idea The DWS GO SAFE EURO STOXX 50® Discount 75, with a maturity date of 11.12.2009, gives investors the opportunity to indirectly participate in the performance of Europe’s leading stock index with a discount. At the same time, a safety buffer protects investors up to a certain point. This investment generates positive returns even in slightly falling markets. The maximum return of the secured obligation is 11.23 percent. Only if the underlying falls by more than 32.57 percent at maturity, the breakeven is reached and losses may occur. In addition, with the innovative DWS GO SAFE structure, the issuer risk is eliminated.* With the slump in financial markets, it is now possible to indirectly invest in the DJ EURO STOXX 50® Index ("Index") at a discount. Throughout the world, there is currently only one topic of conversation: the financial crisis. However, DWS GO SAFE products continue to offer investors interesting structuring opportunities under the protective SAFE banner. The secured obligation offers an attractive discount on the DJ EURO STOXX 50® Index ("Index"). Discount structures facilitate a significantly better risk-return ratio than the underlying itself. With the DWS GO SAFE EURO STOXX 50® Discount 75, investors can benefit twice: an indirect investment in the underlying at an issue price of EUR 89.90 (indicative) and an optional redemption amount of EUR 100.00 (compare redemption scenarios). Such discount also acts as a risk buffer against a negative Index performance (up to -25 percent). Capped by a strike of 75 percent, the discount structure offers an optional return of up to 11.23 percent. Investors will receive the maximum return provided that the underlying does not quote under 75 percent of the initial Index value at maturity. However, a discount structure will only protect the investment up to a certain extent. Nonetheless, because of the discount, a loss suffered will always be less than the loss of the underlying. Redemption scenarios Return (2) (1) Contact DWS Schweiz GmbH Uraniastrasse 9 P.O. Box 8021 Zurich Switzerland Place des Bergues 3 P.O. Box 1416 1201 Geneva Switzerland Zurich: +41 (0) 44 224 74 74 Geneva: +41 (0) 22 739 01 88 Internet E-Mail Bloomberg Reuters www.dwsgo.ch dwsgo.ch@db.com DWSGO DWSGO Max. return 0% Loss Discount This illustration is purely hypothetical on the basis of conditions indicated and serves simply to illustrate the redemption profile of the discount structure. It is no indication or guarantee of the future performance of the discount. Please note that calls to these telephone numbers are recorded. * There is no issuer risk. The counterparty assets of the relevant compartment are collateralised through selected G10 government bonds on behalf of the holders of the secured obligations. The collateral will be adjusted on a weekly basis in accordance with the market value of the secured obligations. In the event of an insolvency of the counterparty these collaterals will be realised at the relevant market price (which can be below the outstanding value of the then outstanding secured obligations) and the proceeds will be distributed to the obligation holders. DWS GO SAFE - Let's play it safe. 1 DWS GO SAFE EURO STOXX 50® Discount 75 Product overview Issuer: Swiss security no.: ISIN: Issue date: Listing date: Maturity date: DWS GO S.A., Luxembourg 4 738 135 DE000DWS0KQ2 04.12.2008 09.12.2008 11.12.2009 Redemption scenarios1: Scenario (1): If, on the final valuation date, the Index quotes above the strike (75 percent of the initial Index price), the investor will receive the maximum return of 11.23 percent at maturity, e.g. a redemption amount of EUR 100.00. I Scenario (2): If the Index falls by more than the discount of 25 percent at maturity, the security buffer is neutralised. The investment breaks even if the Index falls by 32.57 percent. A deeper fall would result in a loss (see matrix below). I The DJ EURO STOXX 50® Index The DJ EURO STOXX 50® Index follows the performance of 50 selected companies in Europe. Among all the European indices, the DJ EURO STOXX 50® Index has become one of the leading European stock market barometers. Due to its wide country and sector diversification, it represents a balanced European investment. Companies from eight countries are currently represented in the Index, including insurance companies AXA and Allianz, car manufacturers Daimler and Renault, technology companies Nokia and Siemens and energy giants ENI and Total. Index level at maturity in % of the initial Index level 80.00% 75.00% 67.43% 60.00% Issue price Redemption amount Yield2 Final valuation date: 04.12.2009 Issue price: EUR 89.90 EUR 89.90 EUR 89.90 EUR 89.90 EUR 89.90 EUR 100.00 EUR 100.00 EUR 89.90 EUR 80.00 11.23% 11.23% 0.00% -11.01% Maximum redemption amount: EUR 100.00 Maximum return: Strike: Underlying: Initial Index level: Bid/offer spread: 11.23% 75% of initial Index level DJ EURO STOXX 50® Index 2368.72 Up to 1.00% under normal market conditions Frankfurt (Scoach), Stuttgart (EUWAX) Listing: NOTICE TO INVESTORS IN SWITZERLAND Any structured products issued by DWS GO S.A. (“Structured Products”) neither are issued nor guaranteed by a financial intermediary pursuant to Article 5 Paragraph 1 Section a of the Swiss Federal Act on Collective Investment Schemes (CISA). The Structured Products do not represent shares of a collective investment scheme and, therefore, are not subject to the supervision of the Swiss Federal Banking Commission (SFBC/EBK). Accordingly, investors in the Structured Products do not have the benefit of the specific investor protection afforded under the CISA. This document neither constitutes a prospectus as referred to in Article 652a or Article 1156 of the Swiss Code of Obligations nor a listing prospectus or a listing notice pursuant to Articles 32 et seq. of the listing rules of SIX Swiss Exchange (LR) nor a simplified prospectus in terms of Article 5 Paragraph 2 CISA. This document has been produced and circulated by DWS Schweiz GmbH solely as an informationonly document and for use by certain recipients in Switzerland and, therefore, does not constitute an offer, or a solicitation to offer, to sell, to buy or to subscribe to any shares or securities, in particular the Structured Products or any funds. Purchase of the Structured Products must be based solely on the information contained in the relevant listing prospectus pursuant to Articles 32 et seq. LR or on information contained in the respective simplified prospectus pursuant to Article 5 Paragraph 2 CISA, as the case may be. The prospective investor should only invest in the Structured Products after having been informed about the risks by his/her bank and financial and tax advisor and having understood such risks. The prospective investor should also carefully consider all of the information as set out in the relevant listing prospectus pursuant to Articles 32 et seq. LR or in the respective simplified prospectus pursuant to Article 5 Paragraph 2 CISA (as the case may be) and, in particular, the complete version of the risk factors described therein, before he/she makes any investment decision. The relevant listing prospectus pursuant to Articles 32 et seq. LR or the respective simplified prospectus pursuant to Article 5 Paragraph 2 CISA (as the case may be) will be issued by DWS GO S.A. and may be ordered free of charge from DWS Schweiz GmbH, Uraniastrasse 9, P.O. Box, 8021 Zurich, Tel. no.: +41 44 224 74 74, e-mail: dwsgo.ch@db.com. Past results neither guarantee nor are indicative for the future performance of the Structured Products. The information contained in this document has been compiled from, or with the help of, sources deemed to be reliable. However, DWS Schweiz GmbH offers no undertaking or guarantee of the accuracy or completeness of this information and accepts no liability for losses that might arise from the application of this information. DWS Schweiz GmbH reserves the right to remedy any errors which may be present in this document at any time without prior notice. Neither this document nor any part or copy thereof may be sent or taken into the United States or distributed in the United States or distributed to any U.S. Person. This document may not be reproduced or made available, neither fully nor partly, to any third party in any imaginable form by whatever means without the prior written consent of DWS Schweiz GmbH. The Dow Jones EURO STOXX 50® is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland and/or Dow Jones & Company, Inc., a Delaware corporation, New York, USA, (the "Licensors"), which is used under license. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by the Licensors and neither of the Licensors shall have any liability with respect thereto. 1 These sample calculations are purely hypothetical and based on the conditions indicated. They simply serve to illustrate the redemption profile of the discount structure and are no indication or guarantee of the future performance of the product. December 2008 DWS GO SAFE - Let's play it safe. 2