EFTA01895721

Valuations 3/31/13 EFTA_R1_00319713 EFTA01895721 LE and Related EnNies Investment Summary 3/31/13 Cash 8 Equivilants Southern Fnancial LLC- (see note below) 14,388,658 .j.Epstein 1,997,654 HAZE Trust 28,354 FT Real Estate 2,161 Southern Trust Company 8,772,086 Jeepers 4,041,393 J.Epslein V1 FoundaIon 4,880,219 Total Cash 8 Equivalents 34,108,525 Less Cash in Operating Accounts Cash in Foundations (1,265,913) (4,1580,219) (6,146,132) Teal Available Cash 8 Equivalents 27,962,393 P Morgan Trading Account (cash, secure's, Derivithes)- SFLLC JP Morgan Trading Account (cash, seculars, DerNeat's} HAZE JP Morgan Trading Account (cash, securities, Derivilives)- STC Marketable Secuities -(fret) Investment American Yacht Harbor (per JEE) Settlements Receivable -DBZ See Hole A 68,962,624 22,282,685 6.125.418 10.775.708 1,000,000 69,458,708 Partnership Investments 103,778,238 (see attached schedule) Total • 310 345 774 Value Above Adjustments: Operating Cash Loans Receivable Total per attached valuation schedule 310,345,774 1,265,913 1,845,415 313 457 102 • Investment partnerships are subject to various restrictions on withdrawabs, and therefore, the timing of availability of funds MI be so limited 313.457,102 NOTE A: The JPM trading account was funded with 375 Millon, During July 2011 we withdrew $ 52,478,520. On 2/14/12 the account was reduced by 8501,930 for the purchase of 16,535 Ariad Pharrreceuticals 8 2,095 Biogen IDEC. on 5/22/12 the account was reduced by $1,330,000 or the purchase of 35,000 dares of Facebook. In August 2012 the account moteed $349,402 from the sales proceeds od 17,500 sh of Facobook On 9/12/12 the account was reduced by SlOrnm for the transfer to Mod Inc. On 11/9/12 there was a bander to JEE of $1,000,000 EFTA_R1_00319714 EFTA01895722 J. EPSTEIN 1 RELATED ENTITIES VALUATIONS CASH,LIABILMES.INVESTMENT5 3/3 1t13 pthrthern Flnamiel LLC ACCOUNTS 02128/13 00/31113 01491113 VALUATION YTD Mush MEMORIAM= J P MCRGAN- Cash 11,027,777 11339,456 P Morgan Trading Account 68848.749 611962.624 J P Morgan- Securtes 7,359,939 9264,361 Other Bank Accounts 178095 46.710 JP M (Bear Seam) 4,963,273 492 WEST RENTS - - TUDOR FUTURES 13307,449 13694,355 12,578999 8.67% 2.91% H iGH8RIDGE CAPITAL 18,930334 18916258 18,624,993 1.85% 021% MI. HERTZ 3,639,766 BEAR STEARNS Asset Backed Secuntes (7/31/09 yak 331.882 331.882 Southern Trust Consismi J P MORGAN• Cash 14,000.000 8.591,532 JP Morgan Traaing Atetont 992.500 6,125,416 180354 Settlements lee pars CO ZWRN SPECIAL OPPURTUNITIES FUND 76,000.000 76,0[0,000 see footnote less partial withdrawal payment recetvel (6,541.292) (6341,292) J P mORGAN- Cash 4,041,393 4,041,393 JP Morgan Traillgi Account 1,506113 1,511,347 Other Bank Accounts Jaffrey Epstein INVESTMENT American Yacht Rota 1.033,000 1000.000 FT Real Estate (cash belays) 84,469 2.161 FT Real Estate Investment in ptshp st cost 1.420,503 1.508,833 CHECKNG/SAVINGS ACCOUNTS 683,748 1.265.913 LOANS DUE FROM INDIVICUALS 1.745,415 1,745,415 CORE CLUB NOTE 100030 103003 EROKERAGEACCOJNTS PM (Baar Stearns) 656,650 666.892 J P MORGAN 56.600 56105 Mod Inc Allphcom (at mat bates) 10.000,000 10.000.000 11$0.233 shares of common. and 695.301 shares of Set 5 Pfd) Rudely Tana 8.044 8.044 HAZE Tnnt HIGRBRICGE CAPITAL 35.034,864 35.106.437 34.404,356 205% 021% KING STREET (esbrnate) 23.950.806 24.164,473 23.276.473 362% 085% A Morgan -Caen 28,349 28,354 JP Morgan-managad amount 22,235,194 22.282.685 TOTAL 313627.907 313.457.102 THESE AMOUNTS CC/NOT INCLUDE HOUSES. AIRPLANEFIXTURES & OTHER A csFTS EFTA_R1_00319715 EFTA01895723 Reconciliation of large items Value 2/28/13 Partnerships see below JPM Trading account- SFLLC (FTC) 115,875 JPM Trading account- HAZE 47,491 JPM Trading account- STC (67.082) 315,627,907 703,900 Securities (419,498) Divklends/interest 1,162 Apollo Distribution Change In loan account cash spent : JEE (2.392,527) FTC (207,299) ML Hertz 33,922 cash received BSABS 13,251 miscellaneous total 313,457,102 Value 3/31/13 313 457 102 Partnerships SFLLC TUDOR FUTURES SFLLC HIGHBRIDGE CAPITAL Haze HIGHBRIDGE CAPITAL Haze KING STREET 386,906 39,754 73,573 203,667 703,900 EFTA_R1_00319716 EFTA01895724 texurItlea Lone R Fair Mark«, Veiva 70,503 Mona Retta 20.00) Borriaanliar 21,753 JP Morgen 303 157 AP340 ebbet Management 17,600 Facebook (portene:I 5/22/12) 18,535 Med Pharrnaceuteca 2005 Bogen IDEC 149490 JPM Fl Rate 4.24% SFLLC SFLLC SFLLC SF LLC()istory nclueeis FTC) •IPM Tie:ting (see attache:) JEE end Rifle EriMIle *vabla Eoully lo« Inyeetnsota 3731/13 SFLLC SFLLC SFLLC SFLLC SFLLC SFLLC SFLLC Jaepra unnialaed rmIczied-2010 reafaed.2011 rea/940.2012 malar:8.2013 kal PiL era irrospbon Inverem ente a/c. 3731/13 at Fair Marita Vakre 3/31/13 2/2813 gain(lom) 1,307,775 3183,806 124.000 79.335 83582 (1,247) 1,032,397 1,084,157 (31.m) 5,024,717 6,188021 (492,104) 447,850 478675 (29.725) 294953 347.731 (48778) 403534 348,482 53052 1813347 1,508,863 4.484 10 775.703 11 196 208 (419 483) 8171,M6 ~Pål 2010 (1,519,30)) "950~ KM Pal 2011 (741062) 1,541.549 P8I2012 11.327.324 8708= Net Pal 2013 (1432007 f8294191 6923 677 TUCOR FUTURES 1441481IDGE CAPITAL ABS Truet (Mat valuatto 7/31109 FTC metras rinnegy cenneutona) MASE MIGKIRIDGE GAMAL HATE KINO STREET FT Real Estet* 21 Eest 20111 Seeim (al coat) FF Real EMS Columbia Holdiegs(st Gov) mørt Inc Akaba" (cosi tess) (1200.333 ah Fanene" 605301 te Ste 5 Vd) Southem Trust Company (P. Burett m innad accounti Cosi FMV 2000.003 %troa Venezuela 8 5% 11/2717 1985.000 1,042.503 40,000 Cilavcep inc PFD 5 8% 1,030,003 0981:03 45.000 Fargo PF D 5.25% 1.125003 1,134,C00 1.000.000 13RL Lineal Mett 85% Flatner 5% ccepon 28.5% 01.9819 (3/27/14) T.000 003 963 000 3110 000 5,036303 Caen lor reeishinants ficcrued l nen 1,016758 70.300 6 125 418 8ø36 13.094.355 18,970,253 331,882 35.108.437 24,164,473 970,507 588.333 10 [CO COO 103 778 238 EFTA_R1_00319717 EFTA01895725 JE E and Related Entries Cash Summary 341/13 SFLLC JPM JPM (Bear Steams) Bank accounts 14,339,456 492 46,710 14,389958 LE Bank accounts 1,265.913 1,265913 JPIA (Bear Steams) 666892 JPM 56.805 Betted)/ Trust (Bear Steams) 8,044 1,997,654 LEPERS JP Morgan 4.041.393 4 041,393 HAZE Trust JPM 28,354 28,154 FT Real Estate 2,161 2,161 Southern trust Company JPM 8,591.532 Bank accounts 180,554 8 772,086 Enhanced Education 4,880,219 4,880,219 Total Cash 34 109 525 34 1C8 52- nes does not include cash ci JP Morgan trading accounl EFTA_R1_00319718 EFTA01895726 ENHANCED EDUCATION 341113 TOTAL PARTNERSHIPS 8 CASH SECURITIES JP Morgan (Formerty Best Steams) 4.788.350 4.786,350 BANK 93,869 93.869 TOTAL 4.880.219 4.860,219 EFTA_R1_00319719 EFTA01895727 OZL6l£00- W- V133 anent 1FX A Corner.«ley one.. US Mod income lLn 12 26 Jun It /000,030 5.4o.12 16-Apr-15 1,500,100 PI 11000n 1100.00 %el Fl (5215,100) 3119,1S1 Trade Maturny Face Amount Date 10-May.11 01.~-2014, 1.700.010 9.0c912 15-14•3420111 500,000 2.0c912 01.3"2019 1000.000 10-May-11 Propelvie 3,000,000 IC•••••T I 11 4P110•1 3)000M° Oada Date Maturity Original /me 2-Aud-12 2345e9.2035 4,300,000 10.May 12 254Aal.2037 1,000,000 Mutual Fund, and Mom Market Track Date Avg Avg OITYPX 317,09534 Symbot Unita !PPS% 19%551.15 Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) Prepared for Pam Trutt at of March 29. 2013 0.3127 XAUUSD 15973 GOPLISD 1.5199 USOIPY 94.170 5.1213 WOTAN 9/275 EUM.150 1.2115 LOOM% 2.0217 0.949 USOCAD 1.0178 0501119 1310 1.1504101( 5/476 • Manual Pncl 7/Mo nt BYIk mot mo lØ 041O1PliOn o'er, /boa, 18% CP4 11111 TIP %%Mot CLN 6200% CPN 04/16/2115 pd 04/1642012 E041 Mot (SI Marini Valk]. f.1: Ineere‘r R Teo, ed 11.)84.903 50 111,500010) 113411~ sst,ear Entry PY (51 Current PIRG It: MIm 510332 • %balsa Poo oe OIDOntre lout, MalsOdy )ruagg (MP tn.) Randy TM Nr at Call Date WA Coupon 72/5% Pre. seal Cost Markel Value . Total tot eauoed 9999.921 Entry Rite $1057 EVOnerilt Rue 3111.nØ MIM $184.321 Ipayrnent Inc CM* MOW« 10250% (143,000) 144‘1115 Sans $89.00 119.24 Mae Kindred ~More Inc IMO V2014 11.730% 119%.1S0 11.025.(0) 310,10 19933 110230 $49,312 1Prrergan chafe • Co III *anon 730.16 (13331,450) 13.40170 M47M10 1111.27 $11533 1574,925 tank Of Americo Corp IMP 05/192010 5.121% 63,31M100) 13,401,4,5 5454.340 $112.99 $113.31 1471,405 EQ/1.0 TOW Rape 9M /ST Cholvathre AltarrertNa ~or/ Mhalleneam Tot.* • Manual and . via ;Mau • en invenment lank nu. S&P Illatmg Nest Call Oat. Comm., Ps mar Ml Cost 15: M et Value (SI Taal Prem•int (5) Enby Pre, (urreol Pout* (loran (to< MI M1M Wimos 2005-9 II 0 10/259011 5A1425% (1/ Let ',7)) 11.67$ an/ tac2ws talµ 1T 47 1229,967 Chase 2107.41 12713 04/2542025 5.241% (5725.573.42) M51,671 5112)10 71430 11330 TWO' Company' Currency Dividends necrpven redly NAY (anent NOV (1447,11 (lucal) MTM 1prorgan floating Plat•Oel USO 12.01850187) 2.017,111 TO 10 08911 /311 SS011 *organ WgN 11.0-10 1150 (2.624,429.14) 32,MMAND Oblee 8 2765 8.25 14391) IT) TOO ISM*Man Chan 4 Co Jo TO 81 S1,499,512 13.3.509 51,883821 2012 (09 Open PTA $1,054:5664 SO 1,0 10 TAMA 51,415,152 Currant Open 1$24,9531 50 10 50 YID Champ, In Open 11TM ($153 112) SO 14) 10 2013 Closed PA 53511.556 SO TO SO 11,415,113 1358.554 f1,15320Ø 30119iahr69Nrta 53,644 EFTA01895728 do t.101141 IaewtwvOpwntatll.. Global Investment Opportunities Grotfp - Account Position and MTM Summary (2013 Closed Positions) Preps rt tr,r ‘1,7 Trust as 01 March 29. 2013 33. Morgan Securities UX. arid &mut Seated dMay.12 2Sdur1.2054 2.5,2.1110 Wamu 200CArT 12 CCC 07075/2070 2.554% (11.140,40k I • ara 147 Mnrtgagt end An et arulred I Mutual 'florid Market 22.40.13 60 50 To044. oat. Symbol Wits Corry any initial Cost (SI Cutrldondr Market Value ad (5 Closing Data fatty NAV closing NAV (loud) Avg OHM% 111,310 as Ipmargan Ngn Vold•Ser DSO SI SOS 000 D•wa• 22dand) Sal (Q 2013 /Mama Owst C 2L6LE00-Ld-VJA3 EFTA01895729 Global Investment Opportunities Group Account Position and MTM Summary (2012 Closed Positions) Pe parr (Ey or M1107e StuSisStOTIMarcht79._2013 Trade Oate Matwity /ace Amount sonooaseinotion 31.614742 1.000000 2e C 05.11/11 earns, U.S. Fixed Mann J.P. Morgan Securities LI.C. Inte ecetwed rest Coq sans IS) Maxie. Value IS) it Oxley OM Entry Pike If) Goslw rake IS) (1.01), 53.318,0 )1 May 12 10-May-11 01-Nay.2017 1.200.1:00 GI Group Inc NA WA 7.000% (S. T., II a'0; 51.2(0.000 548.061 9-Mar-12 5101 St $100.00 10May-II Is-Ape-Nis 1_200.000 kW Motor Credit Co Lk 118. WA 7.000% 0 5.32O00) $1,.WW,OCO 576.067 3-A0011 1110.65 $109.00 ICSMay-II IS-Aw-2015 1,200.000 ford Molar GSM Co lk It, WA 7.000% (51,121,/6% 51.1811.0:0 587,600 26-Jul-12 5101 .98 S99.00 Mutual F'tn and Mon. Ma diet Olvidends fleseired (S) AAAAAA . Ckning NAV (local) _ (LOCAI) s. 554,267 $51,840 Tee* Dole SyWWCA Unita Company ' COwency Mdlal Cost IS) Martel Value IS) Closing Date Pit Avo 185,185 19 Ipmmiaan High Ymml-Sel CIIIME0Cit1223 Ma‘c;MISill ;c2 1 Pa',' 5 Chi. 6 Co eZL6LE00— Ld—Vid3 U50 (51., 54.544) 51,500,000 Own< 2-Oct-12 8.31 8.10 .• S4014129 EFTA01895730 GI 0 ( Current PO 14 Commodity rots 1/50412N MARS 1.15DOIF 12.3127 5.1213 0.949 )(AU= USOKAW USOCAD 1597.5 111135 1.0176 GIIPUSO EURU50 USDTWY 1.5199 WO"' 13515 1.50101. 15111 USDNOI 94.910 2.0217 5.4474 • trada •9merge Tr•dat Ortte Symbol Shoe. Company nou,b y Ovid!~ Yield Col 11: Market vein. entry Arta C ton•nt Arne floc•11 (local) MOM II 0o.11 TEE : te ca %Seen Adr USD Cormuniunpons 0.00% 530.050 10. 13 51 59,615 15-1%4.12 nr (39) Telefenke $45pon AO uso Communications 0.00% $411 15527) 12.52 13.51 (139) 24-Nn-13 AMA 9,000 Arted Pluneme0544141n4 USD 'mum«. Non -COI 0.00% (31744001 $162,720 1460 1508 1513.410) 144~12 ANA 7435 AVM Pharrneotuticak Inc USO •ntumor, Non <$11. 0.00% (1114,600 $136233 1531 It OS 121.633 24.00.12 DF 25,000 Dna Food, Co WO atermr, Non-gel. 0.00% (3470.450) 5453,250 WV II 13 (117.100) 12.341.10 DAG 50.0:0 Iterstn Ob Agri Doubl4 tong WO Funds 0.00% 153.52.550) 1451,505 705 943 1124955 174,14/22 ini 17,500 fac•bcok Inca USD Comnweirations 0.00% (14153:00) $447,650 39.00 15.511 (1217.350) 144•042 III 2.095 IllOgen lam bnc USO Elluener.1101Myta 0.00% 0250455/ 1403435 119.55 192.62 5153,0113 Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) Prepared to. Financial trest ae of Mardi 29, 2013 A. Morgan Securlda Ut Structurod Notes • Mr+eel Ark' aMor r-ent (lank not 'trade Dale 5 17 17 Ww19 1.030.003 -No%1192313 oM9nV1Ua55%9arror.5%AtmCpn22 Motrn t51 .00 0001 51207,56,3 110003 1t076 5107,540 9.un•13 24-34n-14 1,010010 /NW Ron treed To Con Vs VS 5/049, 540%Aturtm 01,09/13 Meld 510141.1595 ($1.000.000) 1415400 11 $10000 516.54 (514.400) 14-FM.13 24409.14 1,000,000 MS Marc« Plus IMIC 130/20114 50% «0 Maim - 3.5% CP11, Uncapped Natal tad -2 01.000.000) 51,041450 So 5103.00 $104.56 344450 5-Por-0 16419145 1.500,000 Mrdltor UN 4.200% CPN 04/142015 Dui 04/147012 (11,502003) 11,573003 sans 5100.00 $101.92 3143055 Matuttly Face Amount long Elet.olptlott coil ta.r 151 Mar.et value (51 interact Net itt,ed Entry Pro (SI corneal Erne (S) MTM V S. Fired mower /led* ettrur,ty Date Faca Amount tower 5.1e flattop e•t Call Doe C ~on Pt unt oat Cost Market Valve total Wit •cerued vold to Worn Cray ane Current Into MIM 124e0.12 154an4018 In erg Energy Inc WA 7615% 51 116,540 584.010 4,64% 5100.15 511245 9109,127 22-00-12 01-444.2015 1000,0^ ~non Inc 1+ C11/01.0015 7.625% (51.035,000) 11,003000 133.253 5.19% 3103.50 1106.00 $75.253 72-00-12 15-Mar2019 400003 Earthint Inc 054112015 11475% (1414000) 1404000 $154/2 5.43% 5103.50 5101.50 57.441 23.00.12 15444y-2019 600000 Earthlink Inc 053154015 11375% 0619.500) 109,000 323,075 5.43% 1103.25 1101.50 511,575 1-041-12 Olijun-2019 In Kindred ~Mum Inc 0401/2014 5250% 11994250) 41,025,~ $44712 7.53% 19943 310240 369,542 5444v-12 01.1m-2019 in Kindred Healthcare Inc 0101/2014 *250% 45970030) 11,025.COT $32,313 7.53% $97.0) 310230 597,312 2444n-13 15440-2020 1,504000 Sentkernaster Company 02/150015 4000% 01,595,625) 11431450 521417 530% 514435 513475 1572,2 25-Fatell 15-F•b4020 la Makeln•Or Company owls/nos LOCO% (51070000) 11,047,500 $7,555 530% 510700 $1(4,75 525.056 154m•11 Peepeluel 2,500000 manorgen Chem& CO III 044032014 7300% (52,702.425) 123/4223 1353,305 4.45% 51.4.10 $11533 $539,104 1S-Jun.11 "'Magid 2.500,003 menorgan Chna I Co 98I1 04402014 7300% (54702,425) 12,144225 5353405 4.45% $1[410 $115.53 1531,104 10-lan-11 Perpetual 2,030000 Bank Of Monica Corp 99. 0041532014 4125% (12.011~ $424411" 5340440 5.12% $10434 511334 3547,130 3014,1.12 Perpetual ~000 Mahon Cal EOnon 1019. 020114022 4250% (52.99%970) 13.353,005 1214429 4.41% $10000 snin 1571444 27-Nn-12 Perpenral 2.000,000 ~owl Dot Cap Corp AA- 04154022 7.125% (52,122.9201 $2,3944" 5107~ 4.47% 5104.15 $11900 3350,747 • ngsda Ida ~roomer £ZL61.£00- 1.d- V133 EFTA01895731 ido Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) vparod 1co Savant .41 Tnnt os of Mot& 2% 7013 r. Moms, SectrItlos11C- Cornet ax a (ansoodlty rotes U$OMXN =ARS woof 123127 5.1213 0.949 XAUUSO USOICRW 1500.03 1597.5 111135 1.0176 GPM EURUSD USDTRY 1.5199 12818 1.210 U5D2PY USDISRI. USONOK 94.170 211217 51476 Intwatollsnol Fined Incorna • frirada Pricin• 54.96100fOrift Daly Maturity Fare Amami • Ckt I? 02 NOv 2017 509000 11.0c1.12 02440.'4017 1,000,000 10-May-12 16-D9c-2021 1,500,000 23-24n-13 05-1NR-2022 12900.000 26-lan-12 15.044.2035 7,500,000 13.00.10 15-04c2035 10.000930 sir Roo, Currency Coupon Principal Cost 3) Market litilue 31 Total Int Accrued Yield te, Worst entrY Price It °call Cornett Price I local) MTM olorolacn Di Venerova Potrokos Da Vitanuol• Uoyds Tsb lank Mc Amelia MOAT Sib De Cv RepublkCNAspentn4 Raoul:4k Of Argaotoa 44. 5, OH- WA WA 1.150 LSD 14/04 USD ARS 4614 Not Socked • Manual Pridn. via )(Wet • on Invelme et lank Trade 7.1,,turity Origins, tate Mae 5,34 Paling tiet1 Odic Coviten 04 fc 24410, 13 254109.2029 9,551000 Corob.13 20044-2032 5,701,000 S40%.12 25440w-2032 1,750,000 23.4%/4-12 251023033 3325,000 14-3499.12 29404-2035 10/ 00/e° 18,14h 12 25,7•41.2017 1,190000 169919494 and Asset Sacked AMA 5.500% 5300% 9175% 4450% MON% 0000% LIMNS Frolorrodv 1r4de Date 15-Nov 10 9-044.10 IS-Fob-13 22-Feb-12 15-140-13 23.140-13 3-Feb -12 S.Feb-12 0440-13 24-00.12 7444.13 14.lan-13 5-Mar-1) 144014 2004.1 Senn 11 II Gerd 2004-4 87 0/411 2003.26 81 Man 2005.2 1141 0444 2007-41 244 544) ii,o (11,627.5001 1$1,004,417) (11.034750) 3.118,000) $411500 1975,000 11136,150 21.0)0,243 $623,750 215,432 170,069 239,647 $131255 SI 1,528 3449,920 1)26.246 9.15% 9.18% 3.33% 5.44% 8305 59.75 10150 105.75 13115 12.56 97.50 122.41 105.68 5.65 0.79 Inlet /not...on City Current Prier/ Nicol., (Ott 15! Mathes value 31 (1.499i) II 4940 CCC O@5/1013 1.101% a 37 1960.616 4 56 25 5625 CCC 04/20/2013 1.654% (17813 19) 1155,120 CCC N/A 5250% (5583601) 1411,061 04/25/2013 53)6% (51,211,222) 51,063.455 CCC 0405,12013 0149% 151369590) 11,144.94 CCC 0&2V2324 )98.3% ,5, 0.2 ffe,i, 51,5150.598 151.159,015) 52965.252 111,261 5µn5 3190,960 557,155 $172,027 5467.204 73,75 6350 7700 7000 03.50 5137 71 61 132) 1100 98 00 567,319 1117,167 1319905 237,355 (5145.050) $23,673 11/411(114 23.000 584.442 (13/.1251 118,192 136.91) 59,516 1114,654 Maw.), Sheers Dividend. tOrrilyty S&P Ill•ting, Poi Amount Coupon Principal Con IS) Market Value If/ mittiyed es) yield to worst inert' CurTent Oton (LOCO) (40440 MOO VZL6LE00-Ld-Vid3 1901/7012 12/01/2013 02101/2016 02/1542040 01/15/2073 Pospirtual Perpetual Perpetual Prwpatuol Porpatual OwPalval Powetual Patpatual 1,000 43.003 6,000 80.000 25,000 20,000 44,600 80,000 27,003 40,000 40,000 40,000 15,000 Gon•ral M0109 Co Geffen, WIWI Co OR% Natural IUS04.1.0“ Groat C4pItal Torn I Nunn Eneegy 40141 Sc. Tont 11 Ally Flnandal Inc Ally Mood& Inc Ye/nod° Rally flint nom It Scads GM Plc Royal It ScotInd Grp Mc Royal It Scolncl Grp Mc Public Stoops WA WA WA Ca* 415 OIL CCC. CCC. 881 89 28 28 8814 $50.00 1504) inzo IMO $25.00 125.00 3540 $2540 125.00 $25.00 12590 $25.00 trite 4.75% 4.75% 7.00% 253% 5.00% 5.10% 8.50% 430% SAO% 7.25% 7.25% 735% 520% 1400'.900' (33.155.973) (1150000) 31/42.8001 (5625,000) (5500.000) (31.002,226) (3.710,000) (1625.000) (1951.600) (5T77,600) (1995200) (1375000) 1643,520 12.745.220 1112,020 12.175,392 1419,250 1499,500 11,247,948 SZ,142,40) 2447,170 1974.403 $974,407 1974/00 1373100 141.0011 1314,213 $1,021 5166/11 15,122 22338 192.694 1158306 33 63 124,569 SUN 14458 SO 2883% MU% 19.31% 5.22% 5.04% 5.14% 615% 435% 5.47% 7.4616 7.46% 7.46% 523% 50 00 5037 25.60 23.54 25.00 2540 21.51 2235 nab 23.29 24.44 2400 25.00 42 v4 4296 1617 2720 24.77 2439 2174 26.70 24.71 2436 2434 2436 24.92 ( 15,4.21 (1166.541) 035359) 6451,301 3628) 52317 61961,420 1511,71:6 154388) 247,344 18639 (112.342) (11.102) EFTA01895732 Ca 0, Globai investment Opportunities Group Account Position and MTM Summary (Open Positions) Prepared lor financial Trust n of Mardi 29. 20 13 Oannt Wt • Canons/0r ••••• 011eilract1 LISON001 12.3127 PAUU513 1597 3 131IPUSD 1.5199 94.170 USDAM 5.1213 U301009 111135 MMU50 1.21119 USOSItt 2.0217 1.151X1P 0.949 USOCAD 10176 usonn, 1.1110 1110140K 5.5474 • Rpm soched tad. from Porter. One 14,37 13 14Mar.13 204AP-13 Vakje Date 13 111dun-13 1-Mayil3 Bought OP USO 103 Notional 6.2 90, 500 925.220,000 Sold EUR KAW CAD Notional 5.000.000 3.551,730,000 10.000000 I,. Oat, 1 May 11 14.4"13 27~13 Contra" Spot 12391 111635 ILO Contract IPOrrdard 1.2351 111435 92.322 Cun en Spot Rate 1 71659 111229003 92.54450 Current Alf in foreword 121636 1214.39170 92.46951 MTM 5114558 (13,756) 55,545 Lede 11-45-12 ISAup-12 r «Pdi /4 I itv, 011430-13 04-04513 Direrhen l/ougel Sold • MTM Mod rio He fOcrimi». Curiency 3PY type NI Currency 2 Notional 10.003.000 10,000.000 Strike SOSO 75.90 Curremy 2 CAD CAD Type Carl Nl Remti type Op PI 0 69 65 Orr& Preniiimi(SI 5342,509 anent Premoum EI) 51,297,147 $0 MTM 5909,344 1347,509 Total Return trade DAto 91-Mrill 14~13 Dale 34%1513 1~43 no- 3..Feb-14 2046014 Underlying Apppinc pow, Trimmort EquI0441 Peres 4,430 1011372 flat* 3m1. 3nl Spell primp 1/ ir,0213) 11 996,9'1,37 ~pad Inletest Pak/ Italry Price (Mall 2`14492 Doodends !Pried $0 SO (Wahl Prim «malt 44166 2,50322 MIN 51.733 t.004 0.104 EC) / 1.0 165,213 5162211 !I 'SP $5099.544 $703,594 55905,135 2012 FOY Open MTM 55.615337 Repo SO SO SO Current Open PTA 54.475.054 / ST SO SO 10 Deefeetimi $1.310.297 D1.497.355) ;$ I 87.0Mo YTO Omnpe 1n Open M1111 5751.917 2013 timed PA AlleerinNe 10 SO 10 (5629.4491 00,n /Mho. Ilaineous SO so 10 Totals $4.05,os• issOM9) SS 03,403 )013 Iiiiniceleinema 1150.415 93 2011 4/4aegae Chao • Co SZL61.£00- 1.d- V133 EFTA01895733 Southern Financial LIC Analysis of Investments Invedment FIN unrealized 3/31/13 Gaingosts) ML Hertz 12/15/05 5,103.003 dishibutions 811/08 (2,180,021) ashibutions 12/114)6 (560.006) distributions 7/26107 a440,906) cistributions 4420111 (3297352) ddributbns 12/12/12 (1308,976) (3667,261) 3,673,638 6,340,949 final distributbn BS ABS 11/2905 10,000,000 distributions (3895,529) 6 104 471 331,882 (5,772,589) Highbridpe Capital Corp 1/11/01 25,000,000 distribution 2/28/06 (25,000,000) 18.970,258 18,970,258 This represents the total or Hightwidge Capital Corp. and MB Muti-Strategy Holdings Ltd. Tudor DB Zwirn 1/3001 5.000.003 1/14/13 distribution (4,193,300) 806,700 13 694,455 12,887,755 VESPERS 429/02 10.000,000 570/02 lo,000sco 12/2/02 30,000,000 6/2/03 10.000,000 1/3/05 20.000,000 12/21/12 disdkulion (6,541,292) 73 458 708 69,458,708 (4,003,000) DBZ- settlement This es basal on lho laming assumptions. the fund will recognize a Mildewed amount payable to JeOPOil totaling $70 million 70,000,000 Jeepers wall receive an interest of G Rubins ptshp interest valued at approx $3.8 million with a 5,0000)0 backstop payment from G. Dubin equal to the excess of $5 million over the aggregate value of all distributions made vath rasped to this investment JEE wal pay $1 triton for Zwims interest in Corbin. JEE vii tOITAVS all distributions upto $2 minim and the remaining claribulionsmel be divided 50150 between JEE and Zwim 000 000 76 000 030 EFTA_R1_00319726 EFTA01895734 Haze Tnnt Analysis of Investments Investment FAN unmated 3/31/13 Gaingoes) Highbridge Capital 4120/99 10,041566 35.101437 25,056.771 This represents the total of Hightnidge Capital Cop. and HB Multi-Strategy Holdings Ltd. King Street 1111/93 10030503 728/10 50% redemption (20,030,787) (10.030287) 2064,473 34255,250 EFTA_R1_00319727 EFTA01895735 Ow Stearns Asset Bedard Securities Distributiors Received FTC Tool Partnership 6 Trust Partnership Trust 1/9/08 1,047,291.00 1,047,291.00 3/12/08 431.035.00 431,015.00 4/14/08 147,707.00 147,707.00 5/14/08 147,707.00 147,707.00 4116/03 135,327.00 135,377.30 7/16/00 110,711.00 110,711.00 8/21/C0 110,615.00 110,615.00 9/75/00 110171.03 11017800 10/29/6 92.127.00 92,127.00 11/25/6 85,953.00 85,953.00 12/22/08 73,670.00 73170.00 1/23/W 73,670.00 73,670.00 2/22/09 73,614.00 73,614.00 3/12/09 67,434.00 67,43430 4/30/09 6,4443.00 66,443.00 5/29/09 57,986.00 57,913630 7/24/09 Note A 84.387.00 84,38730 8/26/09 47,911.00 47,91130 9/22/09 35,711.00 35111.00 12/2.09 87495.00 87195.00 1/8/10 25,073.30 3,073_30 2/8/10 31,073.84 31.07344 3/8/10 33,60523 33,60543 gam 22,613.71 22,613.71 5/10/10 26,315.16 26,315.18 6/8/10 25,243.91 23,14311 7/8/10 19,961.45 19,96145 8/10/10 22.01236 22.012.00 9/8/10 24,989.61 24,989.61 10/13/10 20,527.91 20,527.91 11/8/10 23,33635 23,33635 22/8/10 73,234.17 23,234.17 2120/11 24,623.91 24,623.91 2132111 Note Ili 23793.17 3,793.17 2/8/11 26,96692 26,966.92 3/8/11 26,31330 26,31310 4/8/11 21,112.23 22112.23 5/9/11 21357.96 21,557.96 6/9/11 1467814 18,678.74 7/8/11 16,690.35 16,69035 8/8/11 15196.19 13596.19 9/8/11 16,810.22 16410.22 10/12/11 15,819.76 13819.76 11/8/11 17,377.32 17,377.32 12/8/11 17,632.49 17,83249 1/9/12 1402473 18,088.73 2/8/12 18.611.56 18,61136 3/9/12 19,767.40 19.767.10 4/9/12 17,622.23 17,62223 5/8/12 1610179 16,800.79 6/8/12 17,401.50 17,40250 7/9/12 16,165.50 16,165_50 8/9/12 14602.96 16,602.96 9/11/12 14,872.40 14,87240 3/9/12 15,645.81 1364381 11/8/12 15,03804 15,10804 12/10/12 14408.21 14,208.21 1/9/13 14,594.00 14.594.0) 2/8/13 13,897.23 13497.23 3/8/13 /3 251 21 13,3121 Sow 3,895,529.39 3,113,595.17 711,934.22 FTC Wetted $10,000.000 In 8wr Stuns Asset Backed Securities on 11/29/6 C4stritrutbre are based on maturing assets NOTE k (moments 2 manta per OcretNfOrlohkr) NOTE $ OWN edjuument In partrwship) EFTA_R1_00319728 EFTA01895736