EFTA01753055

To: Cc: Subject: Indicative Level SX5E From: Tazia Smith Sent Thursday, Novem er Attachment Attachment Classification: Confidential Vahe Stepanian KO Put 11/7/13 [C .1.1":41 PM Jeffrey - FYI below. Positioned as a hedge or relative value positioning, not necessarily an outright trade (know you're long a select basket of European equities away). Structure: Customer buys Knock-out Put Underlying: SX5E Currency: Euro Notional: 10mm Tenor: 13-months Put Strike: 100% Barrier: 80% (observed at maturity only) Offer: 3.86% Indicative levels below, subject to market movement. Source: DB Equity Derivatives, as of 11/7113. Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset .1 Wealth Management 345 Park Avenue. 26th Floor New York. NY 10154 Tel Fax Mobile Emig 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. EFTA_R1_00052210 EFTA01753055