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EFTA01353575

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TBMA/ISMA GLOBAL MASTER REPURCHASE AGREEMENT (2000 VERSION) BV V/SELL BACK ANNEX Supplant-mat terms sad conditions for Buy/Sell Back Transactions This Annex constitutes an Annex to the TBMA/ISMA Global Master Repurchase Agreement dated January 7, 2013 between DEUTSCHE BANK AG and SOUTHERN FINANCIAL MC (the "Agreement"). I. Scope (a) The panics have agreed that the Transactions to which this Agreement applies may include Buy/Sell Transactions. (b) In relation to BuyiSell Back Transactions, the Agreement shall be construed as lilt had been amended and supplemented as set out in paragraphs 3 to 5 of this Annex. 2. Interpretation (a) In this Annex - (i) "Accrued Interest", with respect to any Purchased Securities subject to a Buy/Sell Back Transaction. unpaid Income that has accrued during the period from (and including) the issue date or the last Income Payment Date (whichever is the later) in respect of such Purchased Securities to (but excluding) the date of calculation. For these purposes unpaid Income shall be deemed to accrue on a daily basis from (and including) the issue date or the last Income Payment Date (as the case may be) to (but excluding) the next Income Payment Date or the maturity date (whichever is the earlier); (ii) "Sell Back Differential", with respect to any Buy/Sell Back Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Buy/Sell Back Transaction (on a 360 day basis or 365 day basis in accordance with the applicable ISMA convention. unless otherwise agreed between the parties for the Transaction) to the sum of (a) the Purchase Price and (b) Accrued Interest paid on the Purchase Date for such Transaction for the actual number of days during the period commencing on (and including) the Purchase Date for such Buy:/Sell Back Transaction and ending on (but excluding) the date of calculation; (iii) "Sell Back Price", with respect to any Buy/Sell Back Transaction,

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