Valuations

Valuations 3/31/13 EFTA01119033 -LEE and Related EnIdes Investment Summary 3131/13 Cash 8, Equivitents Southern Financial LIG- (see note below) 14.366,658 J.Epstein 1.997,654 HAZE Trust 28,354 FT Real Estate 2,161 Southern Trust Company 8,772,066 Jeepers 4,041,393 J.Epstein VI Foundation 4)130,219 Total Cash 8 Equivalents 34,106.525 Loss Cash in Operating Accounts (1.265,913) Cash in Foundations (4.680,219) (6,146,132) Total Available Cash 8 Equivalents 27,962,393 JP Morgan Trading Account (cash, SOCUltieS. Derivitives)- SFLLC See NoteA JP Morgan Trading Account (cash, scourges, Derivitees)- HAZE JP Morgan Trading Account (cash, seeurties. Derivilees)- STC 68,962,624 22,282,685 6,125,418 Marketable Securities -(ins) 10,775,708 Investment American Yacht Harbor (per JE E) Settlements Receivable -D8Z Partnership Investments (see attached schedule) 1,000.000 69.458.708 103,778,238 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 wrthdravals. and therefore, the timing of availability of funds MN be so limited. 313.457,102 NOTE A: The JPM trading account was funded with $75 Milfon. Dunro JuN 2011 we wthdrew $ $2,478,520. On 2/14/12 the account was reduced by $501,930 for the purchase of 16,535 Ariad Pharmaceuticals 8 2,095 Bogen IDEC. on 5/22/12 the account was reduced by $1,330,000 for the purchase of 35.000 shares of Facebook. In August 2012 the account received 5349.402 from the sales proceeds od 17,500 shod Facebook On 9/12/12 the account was reduced by 510mm for the transfer to Mort Inc On 11/9/12 Uwe was a transfer to JEE of 51,000,000 EFTA01119034 J. EPSTEIN 8 RELATED ENTITIES VALUATIONS GAMLUAINUTTEEINVESTMEPITS 341/13 ImilhEREIMBEJM.Ll& ACCOUNTS 0228/13 03/31/13 01/01/13 VALUATION Y11) Marsh PERFORMANCE J P MORGAN. Cash 11,027.777 14,339.458 JP Morgan Trading Aocount 68.846.749 88.982.624 J P Wagon- Secuntes 7,359909 9264361 Other Bank Aoccats 176,095 46.710 JPM (Bear Steams) 4,983.273 492 INVESTMENTS . . TUDOR FUTURES 13.307449 13.694.355 12578.999 887% 291% HIGHBRIDGE CAPITAL 18,933504 18.970258 1E624.993 1.85% 021% M. HERTZ 3.630786 BEAR STEARNS Asset &dad Securltes T7/31/09 vak 331.882 331.882 449169731/0/SAMMEIE J P MCRGAN. Cash 14,000,000 8.591,532 JP Morgan Trading Account 992.503 6.125.418 180.554 Settlement; Jests DB 2WIRN SPECIAL OPPURT UNIT ES FUND 74.000,000 70.000.000 Set 1001110ke lea portal althdrsmal payment roomed (65412.2) omi.en3 J P MORGAN- CIO 4841,303 4.041,363 JP Morgan Trading Account 1,506863 1,511.347 Other Bank Accounts ARM Eosteln INVESTMENT American Tide Harbor 1,033.003 1,000,000 FT Real ECM (cash balance) 84.469 2.161 FT Real Estate - Immanent In Mem al cod 1,420,500 1.508.833 CHECKING/SAVINGS ACCOUNTS 683,748 1,285,913 LOANS ME FROM INDIVIDUALS 1.745,415 1.745.415 CORE CLUB NOTE 103,1:00 10),CO3 BROKERAGE ACCOUNTS JPM (Bear Stan) 668050 666.892 J P MORGAN 56.400 56.806 10,000,003 10.000003 Mod Inc Aliphorn (at cost tails) (1.260,233 shares of cornmon, and 695.301 shwas at Ser 5 Pk() Butterfly Trust 8044 86044 HAZE Trust HIGHBRIDGE CAPITAL 35034.864 35.108,437 34.404,356 205% 021% KING STREET (eadmate) 23980.803 24.184.473 23276473 322% 085% JP Morgan • Cash 28.349 28,354 JP Morganmanege0 account 22,238194 22,282,685 TOTAL 315,817,907 313457.102 THESE AMOUNTS 00 NOT INCLUDE HOUSES. AIRPLANEPIXTURES 8 OTHER ASSETS EFTA01119035 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) Dividends/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 EFTA01119036 .EE and Related En1Aes Ava.lable Eouity for Investments 3(31/13 Stour,Oes Long C Fair Marlon Val,* 70.500 Ascent Raw. 20,003 Bombards 21.753 JP Morgan 263,157 Apollo Gbbal Management 17,500 Facet** (pu Those] 5/22/12) 18.535 Artad Pharmaceetcass 2995 Bogen IDEC 149490 !PM F6 Rate 4.24% Sale SFLLC SFLLC SFLLC(Nstory includes FTC) JPIA Trading (ee attached) SFLLC SFLLC SFLLC SFLLC SFLLC SFLLC SFLLC Jetport 331/13 2/28/13 94in(Oss) 1,307,775 1,183.095 124,080 79,335 80,582 (1,247) 1,032,307 1064,157 (31,703) 5.894,717 8.188,821 (492,104) 447,650 476,875 (29,225) 296,953 347,731 (45,778) 403,534 346.492 55.052 1,511,347 1,509653 4.481 unnialaed reataed.2010 reanzed.2011 reatued-2012 folioed-2013 Total Pk uree inceptor, Invest, ents alo 3731 113 at Fair Martin Value 10,775 708 11 195205 [419 498) 8.171,386 (8,954.209) 1,5.41,549 8.799.305 (52344$. 8 923672 Net P812010 Net NM 2011 Net P812012 Net P83 2013 (1,519.390) (741,082) 11,927,924 (143,203) TUDOR FUTURES HiGHBRIDGE CAPTAL ASS Trust (last valuators 7/31100 FTC receNes rnartNy debit:NW/us) HAZE NIGHORIDGE CAPITAL HAZE KING STREET FT Real Estate 21 East 201n Sant (et cost) FT Reel Eon Columbia Holdings(al cost) k4d Inc Aliphcorn (cost bails) (1.280333 sr, common. 005.331 41 Se 50 8) 8 401 872 13,894,355 18.970.258 131982 35,11:8.437 24,164,473 ino.soD sea.ns 10 WO 030 Southern Trutt Company (P, Barrett men aged account) Cost 103 778 238 FMV 2,090.000 Petros Venezuela 8.5% 11/2/17 t,986,CW 1942,500 40,030 Cogroup Inc PFD 5 8% 1.000.000 990.030 45.000 This Fargo RFD 5.25% 1.125,030 1,134090 1090900 PAL Linked Note 85% Bernet 5% coupon 28 5% 019019 (3/27/14) 1000000 963803 5110000 5030 307 Cash for rivesbnents Accrued Income 1,018,756 70 380 8.117 418 EFTA01119037 JEE and Related Entiles Cash Summagy 3/31/13 SFLLC JPM JPM (Bear Steams) Bank accounts 14,339,456 492 46110 14,386,658 LE Bank accounts 1.265.913 SPA Beat Stemma) 666,892 JPM 56,805 Butterfly Trust (Beer Staren) 8,044 1,997,654 JEEPERS JP Morgan 4041,393 4.041393 RAM Trust JPM 28,354 28,354 fl Real Egale/ 2,161 2.161 Soulhem Inni Company JPM 8,591,532 Bank accounts 160,554 8,772,086 Enhanoed Education 4.850 219 4,880 219 Total Cash 34 108525 34 108 525 the does not include cash in JP Morgan trading account 1.265.913 EFTA01119038 ENHANCED EDUCATION 3131/13 TOTAL PARTNERSHIPS S CASH SECURITIES JP Morgan (Formerly Sear Steams) 4,786,350 4,786,350 BANK 93,869 93,869 TOTAL 4 880.2''.9 4 880 219 EFTA01119039 Mitt 'OW" (GI Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) Prepared for Haze bum as of March 29. 2013 P. Morgan SigleW•4 LLC. 00.$419 FX a forrirnodtty totem USDMXN 12.3127 USDARS 5.1213 trsoos 0.949 Stmebassed ban • Mental MO Ma} livabinart gent et of • ford. XAIM50 UIDEAR USIXAD 1597.3 9.2275 1.0116 GEPUSO IUBU50 USOTAT 1.5199 1.2818 1.810 USOJTY USOBRL USONOK 9.170 0217 52476 Interest Cott Bai.s (S) Market Value (S) Recoi,ad Entry Pree (1) Current Poor (S) MTM P :53.240r(01 S2,7114.1C0 50 110000 392.83 (11,5430.000) 31,569,800 549.817 510000 $10332 5119,687 Total Mt pal Coo Motet Value Arrived Entry Poo. Current Price 7 (51.36›.44.0 51380.903 SIUrY21 5113 63 511508 5184.311 10.210% (4445.0023) 1.446,115 575,108 189100 $89.24 124313 11.25011. 11994.250 31,023,030 340 563 599.63 110250 169312 7300% 113337.1501 53;165,970 54-47.028 511127 511553 5574,928 1.125% 113319.410 $3,401,475 3,451,740 1112,99 5113.35 $471,605 Trade Date lun.12 IWAJ.413 30(0,000 5-Apr-12 16 Apr 15 1403,000 Maturity Face Arnovnl tang Description Ubs ones .arren 18% Con I Mlerleor 614 6.203%CM 04/16/2013 OM 04/102012 U.S. Heed Income • inbada Pil ea Wooed» Trade Date Maturity Pare Amount totter 1,3? Rating 10-May.11 01.Nov.2016 1,200,000 Peabody (way Corp BM 2-00.12 1S-May-2018 5023500 Ipaymmt Inc EEC. 2.0:1-12 01.3~019 1,000,600 Pandred HolthciatitInc I. 10-Miry11 blametuel 3.0)0030 Jpinorgan Chem I CO III II1May.11 ~petal 3.000.000 Bank Of Amodca Corp 89. trade Date -Aug-12 25051.20 10 May 12 25-Mai 2037 1.000.000 Gam 2027 AI 12.0.3 and Amt. Packed • Manual Prnin Ne JI1Mo Maturity Original tare Issue Mortgage and Anal Backed MTM 'Mahal Fund. end Mone Market Track Symbol units Date Avg ,P30X 199,554515 Avg OW «X 317.095 54 IQ I LO PI I 5-1 Rape WO EST 0•Ovativ• Allemmthr• DOWN/ Mboellemiraue °tart n want a a SraP Rating Next Call Dale Coupon Principal Cent (S) Mater Value IS) Total Princ•int Entry Price Current Price (S) k Nest Call WA 0%15/2015 Oft4V2014 0406201a 05/150201$ ionsaolt 14 I65a 51.625.410 5302,995 04/25/2025 5241% (572557342) 1611.671 5112310 (52.414,081) 52.277.151 5652.944 (local) Doc al) 29.83 78.50 MTM 2991 3229,94/ 83.90 $311,40. 5268,375 Company Currency Initial Cost (S) Market Value (S) Dividends Received 31) Entry NAY (local) Current NAY (Loral) EMI »Pagan Floating Itate-Sel USD aon.som 12.017,533 SO I 0 03914 1 0 I 54,031 ipmorgiin High 11•14-Sal USO 12.529,429.14) $2.616.038 DMR• II 2765 (511,391) nr01,,~ion Vota 6 c0 So so 11.499312 $343.509 11.11113,021 51.15416M au tor open tint Onet Open MTM so so so $1493.132 3524,95” 029,312) 10 10 $4 YTD 0,9•034 M Opts DATA ($355,312) SO SO 10 2013 COME PM 1354,554 10 SO $0 S1aH5,552 »lb Wrat Pwrietenmear 53,44A EFTA01119040 CI 0 (Fle." fin mrtarnt crnnortunstror lobaLlmestment_Opportunities_Group Account Position and MTM Summary (2013 Closed Positions) Prop - r..d Inr Trust as of March 29. 2013 iihmipon ucuriths u.c. Mort and rote arodonl 1 14.1y-12 754,0.2034 11592.800 NVe 2004 r 181 (CC 0112542020 2.554% (51,1ao,404) 1,40.14 55.266 81) 26 31 %)413.109 Mutual het and Mon* M.*.t Avg OHM 181,3714.4/ lorrorimn rlign Vield.SO 'Jla) 31.100.000 s1114 22-Janll 8.41 81/ fO Z013 hithohm4 ado 6 Ca EFTA01119041 4G I 0 Cispipreapalltie Global Investment Opportunities Group Account Position and MTM Summary (2012 Closed Positions) elpird,fo, •• Trust nn M . 2013 JR. Morgan SeCtrttlee LAC tuckered Notes I❑I-May•I 31-11 12 1.000,000 I/11 S4.010.000, 13-318.0.s. SO 31.May.12. 510C CO $110.60 vag I . ,%omw 501,-er. pn 20% Om !new I. S. rind known Closing Prke 5109 00 599 09 Pit Y.° $56.24e 551,840 Trade Dale Matulity Pao: Amount 10 Mar 1 1 O1-Mayd011 1.2190.000 ISMaY' I 1 ISApr.201S 1,200,000 10-May-11 15-Apr.2015 1.200003 Issuer GS Group Inc Font Motor °edit Co Lk Ford Motor OMIN Co Lk SAP Rating NR 118• 88. Noel Cell Dale NIA NIA N/A Courson 1 009% /.000% 7000% Principal Cost (51,11/50C) 31,223, /GC) Market Value $1.200.000 $1,301.000 $1,115000 Tota l Int. Maned 588,067 876.067 S87.60) Closing gate g- -12 3-Apr-12 26-)01.12 lone FriCe 510163 $110.65 $101.98 Motu el hen& ma Mon* Market Trade Date Symbol units Company Cunency Avg OHYFX 185.163.19 1prnorga an (C) 2013 itmorgan Chase t Co gar Yong. USD Dividends entry NAV Closing NAV Initial Cost 153 Market Value IS) Clostng Date Received IS) (local) Itmal) S1,500,01:10 2-00-12 839 8.10 3S4 PIA) ISS4.3114) EFTA01119042 Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) Prepared for Financial Trust as of March 29. 2013 Cunene Ex a Ccewnodlly ran USDIMIXN 121127 XAUJSO MOMS 5.1211 %ADC ew USOCH1 0.949 USD(.4.0 15973 111135 1,0176 G1IPP5O EUR1150 USIDOTY 1.5199 USOPY 1.2811 USDORl 1110 1/50401( 94.170 2 0217 51476 • ene Pre • via ‚loon** • trade Date Syndmi 11)•ret Dividend Company (urgency industry Yield (my Bans (5) Ma rliel Value 3/ Entry Pricy Current Price Recall hotel) MfM • TE Telelenlu 54.5pon Mr 1)50 Cerniemg, canoes 000% 530.0•3 2005 13.51 VIM'S 15.1un 12 TEE (39) Telefonica SeSpon Mr USD Communkatleni 0.00% 1448 (1527) 252 13.51 MO) 24-Jan-13 AMA 9.030 Adel Pluvonecoutah Inc LAD non, Noneygcli 0.03% 0176,4001 $162,720 196d 18.06 [713,650) 144•10.12 ARIA 7,535 Ailed Phaefneceeatloali Inc USD +owner. NOPCS% 0.00% (51144001 5126.233 It /I 18.06 121,633 24-00.12 OF 25,000 Dean Feeds Co USD Ammer, %Ones% 0.00% ($420.450) $453,250 18 8.2 18.13 317.200) 12,61-10 OAG 50,000 Konen D0 Agil Double Long USD Funds 0.00% 11352,550) 1481.505 !01 9.63 1121355 IT-Marl? F8 37,500 Farcebook Ino4 USD Communketbna 0.00% ($465,000) 1447,650 It, 00 25.55 ($217.350) 14.140.12 808 2,095 Pepin Idec Inc USD mum«, Nennf(11 0.00% 15250,451) 5103.535 119 55 192.62 $153.003 MIM qu.ty ($1,9914111171 12,064.101 140.253 Strucband • Manual le ri leMeer n Instalment r ( tor da 8-Nov-12 22-Nov.13 1,000,000 te 122J13 1n e UM 85%/itaellit• %Atm Cpe.22.9%Nien He< Ren Load To Cah VI US 5)04v- 500%Mantrn IN11•1561846.1995 iSloW 0001 51.107340 50 3100.00 1110.14 $107,540 9.3m.13 24184-14 1,000000 (51.000 OM) 1905 600 10 1107 00 $90 .54 1114.400) 01419113 MS Market plus mex C41(20/14 10% ENO 84erles • 3.5% ON, Uncapped intual Level . 2 144•0.13 20.4vg-14 1,000,000 (51,000000) 11.048.550 10 3100 00 110486 141,550 5-Ape.12 16-Apr.15 1,500,000 Menlo, CLN 6.200% CPN 0416/2015 Dtd 0416/2012 (11.500,0:13) $1,573.80) 565,888 $100.00 5104.92 914.1.6811 nuclei 0 notes MYM (54.500000 54,715.510 549,888 $255, 341E • U.S. abed entente he iturIty fag v A re,uuril I Presn• y4a mbe Inver SEP Plating Kett Carl Date Coupon Pe rin, p Merkel Value Total (nt Accrued Yield le Went entry Price Current Pte e wimp 22-Feb-12 15-lan• .1 1,000,000 Nip Energy Inc 88. N/A 7.625% 111,001.5001 11,126.540 $64087 $10015 1'12 65 1209,127 22-00.12 01-Apr.20111 1,000,0:0 Itadweten Inc B• 00312015 7.625% ($E035.000) 11,003,030 133.253 5.19% 5103.50 SIM CO 174253 22.001.12 15441y-201/ 400000 Earellnk Inc 0915/2015 4875% ($414,000) M04.000 115,482 8.43% 5103.50 1101.50 $7,442 23-Oct-12 15•May.2019 603,000 ferment Inc 05/192015 8175% ($619.100) 1409,000 523,075 &43% $103.25 110130 $12,575 1.0c812 01.1un-2019 1,004000 Kindred Healthcare Inc e. 0603/2014 4250% ($196.250) 11,025,000 540,792 7.53% 599.63 $90230 MSC 841o/-12 01-Jun.2019 1,000,000 Kindred Ileolthcere Inc B 0601/2014 8250% (1970.093) 11,025,003 132,313 7.53% $97.00 310230 $82,312 24-Jan-li 154064029 1,500,000 Senekernarter Commie 11. 02/15/2015 8.000% (11,595,625) 11.631,250 121,667 SAO% 1106.38 1194.75 157292 25-Feb-13 11440402e 1.000,003 Servkarnaltair Company 02/192015 &C00% (11,070,0M 11,087,500 17.594 5.90% $107.03 110675 325,056 15Jun.11 Netball 2,504000 hervegon Chew & Co 888 04/3W2011 2300% (11,702.425) 12,894,215 1353,306 4,45% 5108.10 111533 9539,106 l5.)un.11 Perpetual 2.500,000 Nereargan Ours 4 Co 888 04/10/2018 7.100% (42.702021) 12206225 1333,306 4.45% $108 10 1115.53 1539,108 ID-Jan-II Perpetual 2.000,000 Bank OP America Carp 88. 05/122018 &In% (12.081.1.01 12,241.650 ISM 5.12% 1104.06 111338 $547,130 30 Jan-12 Perpetual 3.000030 Southern Cal (deem 888- 0212022 6.250% ($2,999,970) 13353,085 $219,229 4.61% 1100.00 $111.77 1571,344 27.)un•12 Perpetual 2.000,003 General E'4.< Cap Corp 06/192022 7.125% (12,122.9201 12296.003 1101,467 4.47% 1106 IS 111920 13110,747 EFTA01119043 C I C) Global lnvestment Opportunities Group Account Position and KM Summary (Open Positions) Prophr4.1 f Or Finanstal Tnnt as of 5113/c), 29. 1013 .P. Mogen 500,01Un U.C. Onnet FA • Cavenoelty ratte 1.15001114 /WARS USOCHF 12.3127 5.1213 0.949 )0,01150 1250<11%, MC%) 1597.5 1111.35 10176 41175).2> EURWD 1/50TRY 1.5199 1.2818 1110 1/501Y V5D9RL 11501101( 94.170 2.0217 51476 Mud bworn• • Ine i Na Bloontee Melunty Face Amourn ISSUC $41.1 Rating c-uhencY Coupon Pttorn/al Carl Cl) Meriml ~vn (5) Total lot Accrued (I) ytott vloot? t nhy Pm° Dm 01 Current ....ce Dors° 151501 9-Oct.12 02.1.63v.2017 Prom001 (»Venezuela 5 8. 1150 8.500% '144 ).150` 5487,500 330069 9.18% 8805 97.50 567,319 11.0.3-12 02440n2017 11300.000 Pottoleos 09 Vonnts16 5 8. 1250 1560% 11897.5031 $975.000 139.667 9.18% 39.75 97.50 $117,167 10.1449.12 16-0«.2021 1,503.000 Lloyds Tsb link Pk 888- u50 9375% (11,627.500) 11134,150 3131.255 3.33% 16%50 122.41 1339,905 23-lan.13 05-D302022 12,003020 MovIl Seb .4. haN 6450% (S1.004,417) 31.030.243 311,528 5.66% 105,75 10518 137,355 ~ka D* Cv Raoul« 04 ArgAntlna 26.10+12 150K-2035 7,503,000 &CA WO 0.000% 111.038.7501 1423,750 $461920 1315 5.65 (5145,030) 13-00.10 15.04<.2035 10,000.000 R•publk Ot Argent no IVA ARS 0.000% (1318000 115,432 $326.744 12.56 0.71 $23,678 4.50. ntemetionai Fl vod Income MTRI end fl oot Illacked • 1,44nual Prun vla JP/Ao en in (MI eiblk 155 326.4 17: 54.768,07 3998.85 Tta0v Malunty Ongmal ace Date uwe wit Rat',/,' (all Date Coupon Pnor /pal Coat IS( Maolet Value 15/ Total Ponn lot (31 11,10; 4.1en 13 25-Aug 12004 174 04/25/2013 1.104% ,S552 17 4. 5560.616 54,657 5625 53,003 6-Feb.13 20-03020» 5.701,030 Temt 11131 ccc 04/202013 1.651% 11781,919) $355,120 511,261 73.75 8137 $84,442 5-11.79 12 25-Noy.2032 1,750,402 G/n*2004-4133 CCC 14/4 5250% (3563,601) 1401,06, 364,815 13030 2161 5.17.725) 23-Aog.12 25-Aug-2033 3.325,003 Cwhl 2003-26 31 040%2013 5336% (11,231.222) $1,011455 3133,960 7710 73.23 518,192 14-Not-12 29-Apr-2035 10,0».40» lam 2005.2 1141 CCC 041250013 0349% (51,165.890) 11144,941 157,855 70.03 7103 536,913 2•Nov.12 2SFeb-2037 8,110000 CA4s4 2007-At 2A.4 CCC 08/250024 2.988% 54 047 805. 51 ,88],598 5177.017 88.50 8800 59 816 Usad Prehovule trad* Date 18-Nov-10 mak" ), 12m1/2013 Sharet Company General 10.f 50P Rat ‚no MIA Par omohnt 50 00 Coupon 4 75% Penh iplh (Of( (S) '5400.0001 rile Val.) 151 5343,520 llovnten Rocrivedds 0.11,033 1050111010001 3803% (nerf ',rite 11.<4411 5003 Curven' Pme Ito<•11 42-94 MTM 9-Dec-10 12/01/2013 63.000 448401 Motors Co 14/4 $50.40 4.75% ($3.115.973) 12,705,220 $314,213 21113% 50.57 4214 ($114.541) 15-N0-13 02/01/2016 6,000 OM Naties Risoutoo MIA $21.00 703% ($150,000) $112.020 31.021 1938% 2500 1167 (1363591 22.1441-12 02/150040 30.000 &hoc CgstteA Tnnt CCC. $25.00 113% ($1,332.300) $2.175.992 $166.111 5.22% 2354 2720 1,459.303 15.1an.13 01/150073 25,000 Nam* !new C30101 888 $2500 5.40% (1625.033) 3619,250 35,122 5.04% 2500 24.77 NOS) 23-14n.13 Pepeomil 20000 Sc. MAO 5.10% ($500.000) $.499080 $2,331 5.14% 2500 2639 12,137 333012 horP811/41 44100 Ally Flnanclal Inc CCC. 125120 130% ($1.002326) $1,247,901 $92.618 6.33% 21.51 24.711 $331.420 11$4•12 79(0411/411 80020 Ally Finandail Inc CCC. $2500 150% (1,700,000) $2.142.40) 1156306 635% 2225 26.73 3511,706 174an-13 Porpetual 27.000 Vorn46•044119 Tn.ist 11111. 125.00 5.40% (575.000) $667,170 $3.443 503% 2503 24.71 114.3310 24-045.12 Perntual 40,000 Roy4119145(0634140 17% 00 125.00 7.25% (1951.6001 1974~ 324,569 7.46% 23.79 24.36 147369 7..14n.13 Nwpirsuol 40.000 Ron? Ot Scolind Ce1115% BB $2530 7.25% ($977,600 $974,403 09,1143 7.46% 3444 2436 Kal 14.lan.13 Prpetusl 40.000 Roy•11135collnd 043 Mc BB MAO 7.25% (1995200) 397400 13458 7.46% 24.18 2436 1512.3421 5-Mat.13 Ihmostuol 13.003 hall< Rong* 8130. 12510 5.20% (1375,000) 1373.000 $0 523% 25-00 24.92 (51,2031 EFTA01119044 Clameret PK • Carrenority rota, ti med ?bade Date 1-Feb-I3 1May-13 (Nr 4,190.500 EUR 5,000,000 I 13 1.2391 1444ar.13 14199-I3 USO 1000,000 KRW 5.50350000 14-Jun-13 111635 2640f-13 1-May-13 1119 925220.030 CAD 10,403200 27.Apr.I3 92.0 Value Oate Bought Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) Prepared for Financial Trust at of March 29. 2017 P. ~Dan ~Ides tLC. USOMXN 12.3127 XAUVSCI 1597.5 GIIPUSD 1.5119 U501•1 14.170 USDAR5 5.1213 USOKRW 111135 EURUSO 1.0111 U5001. 2.0217 WINDIF •949 USOCAO 10176 USCITIV 1.110 USONOK 3406 • Rates 10x9739 nit • horn Illoambie Notional Sold Notional F. Date Contract Spot Contract FOIVIard or nard C ono e. M1M FX • MTN ~Ned w 61oom0er bade Uati I mnralion Direction Cunoncy I Type Curr.nry Notional 12361 111635 92.322 Curl! rot Spot Current All in Rnr on,ord 1 21659 111221000 12.54450 anginal Current Premium Preonnim IS) ZS) I -Aug-12 011041-13 lought 103100.000 10.90 Call '141 3011 11257,14 LAug-12 011-041-13 10.000340 76.90 Pul tap K1 • 69.65 $347,109 $0 Options N1711 Total %tam 5 Trade tlfectivi. 'Maturity Oat,- Dale Oat. Underlying Accrued Inimett tntry Price Paid 31-109-13 3.0•13 540.14 Apple 974 122117.02 o I 184114•913 18.0.-13 20-Wó14 Kospl Transport Foulpent 111.172 3org. 0.7051 51,999.99937 0600) «Rh 42 200~ owlet *Co. 565213 1162.30 1227,525 11091544 5705,594 sseosus so 50 10 SO SO s0 51310,297 11,497355) (sinew so so so SO 54 54 54.455,051 ~MO) 05531 2501.92 0 Dividend, Earned SO so 121636 SI . 1,04.39170 (1171361 92.44959 11565 5111,337 MTP.I 1909,331 1347,1109 51.2 7.14/ 1515 2 14/ Mrhl Current Prue o<•II 912.49 2.503.22 31,733 1559.9201 1012 1101 Open emu Caned Open 111TM YID 044nre In Open WM 2013 099441 Pot Masan 55,471,054 3T0.013 (55211.441) )111211441/0/949~ !MAY EFTA01119045 Southern Financial GC Analysis of Investments Investment RAV unrealized 3/31/13 Grandpas) ML Hertz 1205/05 5,103,033 disinbutons 1911/06 (2,150,021) disinbutons 12/11/06 (560,024) distributions 7/26/07 (2,440,9%) disinbutons 4/20/11 (1,297,352) denbutons 12/12/12 (1,364,976) (2,667,261) 3,673,668 6,340,949 final distribution BS ABS 11/29/06 10,000,000 dienbulons (3,895,529) 6,104,471 331,662 (5,772) Highaidge Cereal Corp 1/11/01 25,000,000 denbulions 2/28/06 (25,000,000) 18,970258 18,970,258 This represents the total of Kghbridge Caplet Cap. and FIB Multi-Strategy Holdings Ltd. Tudor 1/30101 5,030,00D 1/14/13 debsbution (4,193,300) 806,700 13 694,455 12,867,755 0EEPER6 DI3 Zwirn 429/02 10,000,000 8/30/02 10,030,030 1202/02 30036030 6/2/03 10036[00 1/3/05 20,600,030 12/21112 distribution (6,541.292) 73,456703 69,458,706 (4,1:03,030) DB2- settlement This is based on I ho lotbeing assumptions: the fund will recopy e a sythchavral amount payable to Jeepers totaling $70 million 70,000.000 Jeepers vii receive en interest of G Rubins plshp interest valued at approx $3.8 mullion with a 5,060,000 backslop payment Iron G. Dubin equal to the excess of 35 milbn over the aggregate value of all distribigions made egh rasped to the investment JEE wit pay $1 nib:in for Zwirne interest in Corbin. JEE viol macaws all disinartions upto $2 mike 1,000,000 and the remaining cesinbutions MI be de ided 5050 between JEE and Zwim 76.030.030 EFTA01119046 Hue Trust Analysis of Investments Investment FMV unrealized 331/13 Gain(loss) Highbridge Capital 420199 10,041,666 35,108,437 25,066,771 This represents the total of Highbridge Capital Corp. and HD Muhl-Strategy Holdings King Street 11/1/93 10,003,003 728/10 50% redemption (20,C:03.787) (10,060,787) 24,164,473 34,255,280 EFTA01119047 Bear Steitrd Asset 84closd Securities Olstrisotices Received FTC Toe' Partnershlp i Tnat Ponnersnip Trust 1/9/06 1.04739107 1,047,291.00 3/12/08 431,015.03 431,015.0) 4/14/08 147,707.00 147,707.00 W14/08 147,707.00 147,707.00 6/16/08 135,377.03 135.3771:0 7/16/08 110,711.03 710,71100 8/21/08 110,615.07 110,615.00 9/25/08 110,578.00 110378.03 10/29/08 91,127.03 92327.00 11/25/08 86953.03 85,953.00 12/27/08 73470.00 73,670.03 1/23/09 73,670.00 73,670.03 2/20/09 73,614.03 73,614.00 3/12/09 67.434.03 67,434.07 4/3009 66,443.00 64443.00 5/29/09 57.98600 57,98603 7/24/09 Note A 84,387.00 84,387.02 8/26/09 4741100 47.911.00 9/21/09 35,711.07 35,711.00 12/2/09 87.895.03 87,895.03 1/8/10 2547330 75,073.30 2/8/10 31,073.84 31.073.84 3/8/10 33,60583 33,60543 4/010 22.613.71 22.613.71 5/10/10 26,315.18 26315.11 6/8/10 25,243.91 25,243.91 7/8/10 14961.45 19.961.45 8/10/10 22.012.01 22.012.01 9/8/10 I4,989.61 24.989.61 10/13/10 20,527.91 20327.91 11/8/10 23,336.55 23336.55 12/3/20 75,234.27 25,234.17 1/6/11 24,623.91 24,623.91 2/31/11 Note 8 25,793.17 26793.17 2/8/11 26.966.92 26,96692 3/8/11 26413.03 26.313.03 4/8/11 21112.75 21.11275 5/9/11 21.557.96 21,557.96 6/9/11 18,671.74 18.67474 7/8/11 16,690.35 16,690.35 8/8/11 16596.19 15,596.19 9/8/11 16,810.22 16410.22 10/12/11 16819.76 15,819.76 11/8/11 17,37732 1437732 12/1/11 17.832.49 27432.49 1/9/12 18,083.73 13,066.73 2/8/12 18,61.1.56 18.611.56 3/9/12 1%767.40 19,767.40 4/9/12 17,622.23 17,622.23 5/8/12 16,10179 16400.79 6/8/12 17,401.50 27.401.50 7/9/12 1636530 16.165.50 8/9/12 16,602.96 16,602.96 9/11/12 14,872.40 14.872_40 10/9/12 1544531 15,64581 11/8/12 15,038.04 1603404 12/10/12 14,2001.21 14,201.21 1/9/13 14,594.03 14,594.00 2/8/13 13,897.23 13.397.73 3/8/13 13,251.21 13,251.21 Soto 4 ,.. . 3895 52939 3,113,595.17 781,934.22 FTC Punted 510,000,000 m Beer &sure Asset Boded Securities on 11/29,06 DistrItscrAms ere hosed on maturing assets NOTE k (represents 2 month; pa Dorothy OrldskT) NOTE B: (eu0it adjumnent h portnerstip) EFTA01119048