From: Ariane Dwyer hii To: "jeffrey E." <jeevacation@gmail.com> CC: Daniel Sabba < Morris < >, Ariane Dwyer <J >, Stewart Oldfield < Subject: Brazil CDS Update [C] Date: Tue, 29 Sep 2015 12:27:45 +0000 Attachments: 182298 20150928 20150929 _1.pdf Inline-Images: image001 .jpg; image002.jpg; image003.gif; image004. gif Classification: Confidential >, Paul >, Richard Kahn Jeffrey — please find below the current Brazil Sy CDS chart (i.e. on the run), which is reached its five year historical high yesterday. Per today’s valuation statement (attached; as of 9/28), your MTM is +$1.629mm. Best, Ari EFTA00661784

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Last Price Best, Ari Ariane Dwyer Analyst | Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 26 New York, NY, 10154-0004 Tel. +1(212)250-3228 Email Passion toe Perform This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA00661785