EFTA01459820.pdf

We will follow up with separate emails for (1) GE Bond and (2) JPYKRW. DB's bid for your Brazil CDS protection is 445bps p.a. This equals an unwind fee payment by DB of $1,256,044. Recall you paid 491,941 to enter the trade. Original unofficial trade details: BraSov default swap with SOUTHERN FINANCIAL LLC DB Sells default protection on FEDERATIVE REPUBLIC OF BRAZIL NOTIONAL USD 10,000,000 TRADE DATE 13-Jan-2015 IM% 1 EFFECTIVE 14 -Jan-2015 TERMINATION 20-Mar-2020 REF OB BRAZIL 12.25% OF 03/30 ISIN: CREDIT EVENTS Failure to Pay, R, Repudiation/Moratorium ISDA Definition 2014 PRICE 205 bps per annum (COUPON: 100 bps per annum) UPFRONT FEE DB Receive USD 491,941 STANDARD TRADE Yes HARDWIRING Yes CLEARING HOUSE No Trade details: Deal Information Spreads Reference: FEDERATIVE REPUBLIC OF BRAZIL Curve date; 13-Jan-2016 Counterparty. SOUTHERN FINANCIAL LLC Benchmark: USD Business days: LDN,NYC Business days adj: Following Buy/Sell. Sell / Use flat curve Notional: USD 10mm Date Spread (bps) Effective date: 14-Jan-2015 20-Sep-2015 205.00 Maturity date: 20-Mar-2020 Day count: A/360 20441.A.2016 205.00 Payment freq: Quarterly 204Mat.2017 205.00 Pay accrued: True 20-Mat-2018 205.00 Curve recovery: True 20-Ma.-2019 205.00 Recovery rate: 0.25 2elen2020 205.00 Deal rate: 100 zamatatin 205.00 204/w2025 209.00 Valuation date: 13-Jan-2015 Cash settled on: 16-Jan-2015 Price: 95.01670000 Repl sprd: 205 Principal: 498.330.00 Sprd DV01: -4,576.8268824283 Frequency: O Accrued: -6,389.00 Days: 23 Day count A.1360 Market Val: 491,941 IR DVO1: -129 8125752157 Recovery rate: 0.4 Thank you, CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 120528 CONFIDENTIAL SDNY_GM_00266712 EFTA01459820