EFTA01449283

28 February 2013 Exchange Rate Perspectives Deutsche Bank CI U.S Exports-Imports by Commodity Fig 16: U.S. Trade Balance Excluding China & US$ Lit • amps, U -5 -10 -15 -20 -25 30 -35 199.1 1995 1996 2000 2002 2004 2006 2008 2010 2012 Ann ual CUSS brc I Olnel Source' DataSteam -50 -100 .150 -200 -250 -300 -350 403 Fig 18: U.S. Trade Balance - Petroleum Products U .5 -10 -15 -20 -25 -30 -35 40 45 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 Seurte aStaStream Fig 17: U.S. Trade Balance — Advanced Technology 8 6 11M11.1x4h1,405$ On I 1996 1998 2000 2002 2004 2006 2008 2010 2012 Sovece• DataSvea-n Fig 19: U.S. Trade Balance - Consumer Goods U -50 5 -50 -1C0 -100 -150 -200 -19D -250 -300 -20 .250 .350 C Morclnly IUSS ton c 302. -400 031119 450 Annual ViSS Vol Wee) 350 -500 .35 403 Fig 20: U.S. Trade Balance - Capital Goods f/Orichly CUSS bn I tbarsi 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 Source: Datatreem AnnualIt/SS Ian I Onel 50 40 30 20 10 0 -10 -20 -30 1961 1996 1996 2000 2002 2004 2006 2008 2010 2012 Source: DateStreem Fig 21: U.S. Trade Balance - Industrial Supplies -5 -10 -15 -20 -25 Mon NN MSS bv -30 (ben) -35 Annual CUSS On. 1 line) -40 -45 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 SOWN: DateSuarn -50 -250 300 -350 400 450 Page 36 Deutsche Bank AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 104624 SDNY_GM_00250808 EFTA01449283