From: jeffrey E. <[email protected]> Sent: Wednesday, June 8, 2016 2:09 PM To: Richard Kahn Subject: Re: New Issue $25 Par Wells Fargo & Company (WFC) Perpetual Preferred Stock; 5.625% Area; Fixed-for-Life no On Wed, Jun 8, 2016 at 10:08 AM, Richard Kahn wrote: Currently you own 3,000,000 of wells preferred in southe=n trust with 5.7•%o coupon. I am being told t=is will sell out by 12pm if you are interested. Please advise. Thank you.=C24> Sent from my iPhone Begin forwarded message: From: "Atlas, Andrew = ate: une , at= :02:47 AM EDT To: "Richard Kahn <=richardkahnl2=gmail.com < Subject: New Issue $25 Par: Wells Fargo &am=; Company (WFC) Perpetual Preferred Stock; 5.625% Area; Fixed-for-Life=br> Good Morning Rich, Morgan Stanley is pricing a new issue WFC $25 par=preferred today. Details: $25 Par New Issue Syndicate Offering:</=> EFTA_R1_01567043 EFTA02461161