EFTA01385981

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Rai Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International Locations Deutsche Banl AG Deutsche Bank Place Level 16 Corner ol Hunter & Phillip Streets Sydney, NSW 2000 Australia Tel:161) 2 8258 1234 tans, he Bert:. AG Lentlee I Great Winchester Street London EC2N 2E0 United Kingdom Tel. 144) 20 7545 80C0 Global Disclaimer Marcel Cassard Global Head FICC Research & Global Macro Economics Ralf Hoffmann Regional Head Deutsche Bank Research, Germany Deutsche Bank AG Grote Gallusstralle 10-14 60272 Frankfurt am Main Germany Tel: (49169 910 00 Deutsche Bank fineArfilitn. Int 60 Wail Street New York. NY 10005 United Slates of America Tel: (1) 212 250 2500 Richard Smith and Steve Pollard Co-Global Fiends Equity Research Andreas Neubauer Regional Head Equity Research, Germany Finale Hongkong International Commerce Centre, 1 Austin Road West.Kosyloon, Hong Kong T01' 185211203 8888 Steve Pollard Regional Head Americas Research Deutsche Securities Inc 2- Nagatacho Senna Park Tower Cluvoda ku, Tokyo 100-6171 Japan Tel 181) 3 5156 6770 TN nommen ire, cremes rn IM neon new prepted by Nutter. Be,'* cc a ow of lab sebsese (collocinery teutsche Bank') The reerrnelen ham • teriend lobe notable srd her been named from µMe numw binned to be Deutsche Brit trans no rope ....Minn c lo Na accma- y or corepleteress o4 such et penman Deutsche Bark +try engage in smelters Ventecterts, on • proponent basis or Mervyn, n • in..nner rnconsoilent Min t. vine taken re an rine•Cat moon In a6Stron. Men *Min Deutich• Bark KlucIng strineonts end inn Wall. 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