e •an raup SOUTHERN FINANCIAL LW 182298 14 Deutsche Bank AG 11 Sep 2014 Par 1 Of 2 For Sales Inquiries Contact Tazia Smtn (Email) tazia smith corn For questions relating to this statement contact Valuations NY (Tel) 1-212-250-2600 (Email) valuationsny4tdb.com SOUTHERN FINANCIAL, LLC To: Jabvrcpa Gmail (Email) [email protected] Gmail (Email) [email protected] Kahn12 (Email) nchardkahn12@gmal com.Gedeon Pinedo (Email) gedeon pinedogOb.com.Vahe Stepanian (Email) vahe [email protected] Kirby (Email) amanda kirbygdb.com,Paul Morris (Email) paul.monisgdb.com.Tazia Smith (Email) tazia smith Adb.com.Joseph Cothron (Email) joseph.cothrongndb corn Fx Rates: USD/EUR = .7727378101 Note:-All Values are shown from the 08 Group's point of view. A negative Value therefore expresses an amount which Is in your favour, while a positive amount is one which is in OB Group favour. The terms and conditions of each transaction are specified in the relevant trade Confirmation. Deutsche Bank Group ("DB") is providing the valuations set forth above as an accommodation to you solely for your own internal use. Unless expressly stated otherwise, valuations represent DB's current economic assessment of the transaction or instrument as of the date specified. DB's economic assessment is typically derived all or in part from model prices, external sources, market prices and/or DB's internal books and records prices. Valuations may be adjusted to take into account market, liquidity. credit. operational or other Asks, and/or to reflect adjustments based upon our willingness to unwind all or part of your position or revenue that has been generated but not yet recognized by DB ("Premium Adjustments"). Such Premium Adjustments will generally always decline over time, as DB's appetite to unwind at a premium will generally decline over time, which will lead to lower valuations in the absence of changes in market conditions. Valuations, including those cont