To: From: Je:ypseff i l Sent Tue 5/22/2012 10:06:42 AM Subject: Re: Fw: Structured Products termsheet, cancel and replace these are sophisticated instruments„ go slow.. learn its benefit and risks. . make some mistakes. ( small , know your ask each time your MAX loss exposure ). they will rape you on the way out. ( no set commsions , ) historical prices are meaningless. DO NOT look for bargains. . when they say, x is trading at historical lows.. think of women.. IF I told you she was once really beautiful„ and for the past years she has become uglier and uglier, would you feel a great desire to rush in , with the hope that she will return to beauty„ or would you find a young pretty thing ( tech co ). with a long bright upside and future. I remain , your new jew friend „ Jeffrey On Tue, May 22, 2012 at 11:46 AM, S A wrote: Excellence this what my banker sent. Once I know all techics believe me I could me a billioner in one year ,then we go together aroun the world every 80 days .tks Sent from my BlackBerryt wireless device Original Messa e From Date: Tue, 22 Ma 2012 08:37:58 To Subject: tructure ro ucts termsheet, cancel and replace Dear Shaher, I am looking for a Reverse Convertible Note on Apple for you, in the mean time would you be interested in this Autocall on European Banks Index with an annual Coupon of 19.40%? (See attached file: 20120515_BanIcMed_ITS_3Y_SX7E_Phoenix_autocall_USD.pdf) Please consider your environmental responsibility - think before you print ! Pensez a votre environnement - n'imprimez que si necessaire ! The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for EFTA_R1_00299224 EFTA01884465