EFTA01461285

Jeffrey: Per our conversation, we have redeemed the JP High Yield Mutual Fund (-$2 21mm. we will confirm with the final NAV tomorrow). We're working the sale of 50.000 DAG (-36.92/sh): Ins ETN is a thin trader so we arc going to work that order and it may take a few sessions. Please let me know if you would like us to be more aggressive. Best. Tazia Tazia Smith Director I Key Client Partners - US Deutsche Bank Secunties Inc Deutsche Asset & Wealth Management 345 Park Avenue. 26th Floor New York, NY 10154 Tel. Fax Mobil Ema ?An-101.41r Peerentrirt. CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 123235 CONFIDENTIAL SDNY_GM_00269419 EFTA01461285