Valuations

Valuations 8/31/13 EFTA01119210 LE and Related Entities !madmen SuninalY 8/31/13 Cash 8 Equhribnts Southern Financial LLC- (see note below) 14,972496 J Epstein 1.596.944 HAZE Trust 28.366 FT Real Estate Southern Trust Company 19,382,248 Jeepers 25O18.954 J.Epstoin V1 Foundation 4,619,368 Total Cash 8 Equivalents 65,618.376 Less: Cash in Operating Accounts (1,013211) Cash in Foundations (4,619,368) (5.632,579) Total Avaibble Cash 8 Equivalents 59985,797 JP Morgan Trading Account (cash, securities, Deriv divot). SFLLC JP Morgan Trading Account (cash. securities, Dort/dives). HAZE JP Morgan Trading Account (cash securities, Denvithes). STC L Cameron Trading Account (cash, securities, Derharves). STC See NoteA 69,815,261 22,427,313 5,462,546 5,206,210 Marketable Securities -firer) 12,025,554 Investment American Yacht Harbor (per JEE) Settlements Receivable -DM Partnership Investments (see attached schedule) 1,000.000 33,481,600 105,699,453 Total • 315 103 734 Value Above Adjustment: Operating Cash Loans Receivable Total per attached valuation schedule 315,103,734 1O13,211 2,098,505 318.215,450 • Investment partnerships are subject to various restrictions on withdrawals, and therefore, the liming of availability of funds we be so kneed. 318215,450 NOTE A: The JPM trading account was funded With $75 Mike. During July 2011 we withdrew $ 12,478.520. Cu 2/14/12 the account was reduced by $501,930 for It purchase of 16,535 Ariad Pharmaceuticals 6 2.095 Bogen IDEC. on 5/22/12 the account was reduced by 91.330,000 for the purchase of 35,500 shares of Facebook. In August 2012 the account received $349,402 from the sales proceeds od 17,500 sh of Facebook Qu 9112J12 the account was reduced by $10mrn foe the bander to Morl Inc. On 11/9/12 there was a transfer to JEE of $1,000,000 EFTA01119211 J. EPSTEIN ► RELATED MITTS VALUATIONS CASILLIMILMEEJNVESTMENTS V31113 EmilbattIELLLE ACCOUNTS 07/31713 08/31/13 01701/13 VALUATION YID Aupst PERFORMANCE JP MORGAN-Cast 14.612,680 15977496 JP Morgan Trading Account 70010374 02.815.261 J P Mequon Smuts, 11.024.321 10.496502 INVESTMENTS TUDOR FUTURES 12.95067f/ 12.853.812 12578029 2.18% 483% HIGHBRCGE CAPITAL 10261.964 19,382.610 10,624.993 4.44% 083% BEAR STEARNS Meet Backed Swats (7/3109 yak 331682 331682 IBIUMMilIardEMITOE - JPMCRGAN fyN 10250335 10234.065 JP Morgan Trading Account 5.588663 5.462.546 Other Bank Accounts 252.962 148,163 Aden %ludas 625603 625603 (et ode) PM -Account Managed by Laurie Cameron 4.964,912 5,208.210 Sedements MEWS DB DAMN SPEOAL OPPURIUNITES FUND 76.000600 70000000 see Icotndte IS petal elthdrattel osyrned recants! (42.516.400) (42,516400) J P MORGAN- Can 26510726 25.016.954 JP Morgan Tradng Account 1.520272 1,526,972 S Osten INVESTMENT American Mt Reba 1.000.000 1.000000 FT Reel Estate Investment In ptstip S cost 1506.633 1500833 CHECKINGGAVINGS ACCOUNTS 1.065.799 105,048 LOANS WE FROM NOVEXIALS 5996015 isetsce CORE CLUB NOTE 100,000 100,003 BROKERAGE ACCOUNTS JPM Meer Steams) 666.979 666.995 J P MORGAN 56650 55857 Mort tea. Afidcorn (at cod basis) 10.000.000 10.030000 (1.200,233 Shan d common. 695301 dares of Su 5 PM. 205714 eh d Se A Pfd) Butterfly True 6,044 8,044 HAZE bust HIGHBRIDGE CAPITAL 35803801 35.918.672 35405356 4.40% 0.63% MG STREET 25.026,289 25,076844 23,276,473 7.74% 0.21% JP Morgan • Cash 20363 20.366 P Magancanaged account 27510.4130 22,427,313 TOTAL 320,155278 310215.450 THESE AMOUNTS DO NOT INCLUDE HOUSES. AIRPLANEFIXTURES 8 OTHER ASSETS EFTA01119212 ÆE and Petered Errbters Are RON EN" br Investment. &31113 5•44,10t. longer! Falr Mani« Valve Purchate 8/31113 741113 gaLnOas) 705C0 ANN* Re" SFLLC 1.150800 1.345845 (195.2/15) 28000 earbetrfet SFLLC C01314 98493 (5.079) 21.753 JP Morgan SFLLC 1.098179 1,212,295 013.118 "157 Asola Mahal ~hem SFLLC 6081558 7031.555 (349.999) 17020 Facatook(peactreed 5/2202) $FLLC 722645 044.003 78045 18,536 ArbdPherrreicieutimas SFLLC 307.551 307.220 331 2.025 eblenIDEC SFLLC 440 177 458961 (10705) 182.240 JPM RINI* Fuld Jereperb 5.310 1.528972 1.520229 (4567) 11 445 554 12 020 019 (ær) 375) tivestmente Wo 5,31113 al Farr Merkel Va1u SFLLC TUDOR FUTURES 12055612 SFLLC HIGIII3RIDGE CAPITAL 15382610 SFLLC ARS Trust Our valuatc0 7/3102 FTC mows ~1%N orgx 0.4>ors) 331,662 HAZE HIGHBRIDGE CAPITAL 36918,672 HAZE KING STREET 15078,844 FT Reel Estme 21 East ~ Steet it coN 920.503 FT Reel BON CcArrntse Hol04940to340 588.333 SIC 448.5 ~Anne (III COst, [I .142.857 N 44 Se( A PM Ø 4375 per N) 825033 Mon Inc Alphcom (cost 0~ (1.230.333 sh COTTON ea 301 eh Sr 5 ptd 285,714 en Ser A PM ) 10000 000 106.699.453. D132. ~ma This la bead on De kØ ossumptons: the fund ail necogniur • Ørerad nun pests lo Amen ~Rig 570 Pillion 70000.000 Jeerers rogerned an irterml or G Dubin$ Meng `rorel vaned at appro• $3 1581NT., »TN • 5.0:0,103 backstop permit from G Dubb eqtaii tot* eases d $5 triton one to aggregate vat ct ail trietratrhara ren wth neernect bNls eirreetnint rif Sept 30, 20Weepers veil Sund Dunn 'the amount dally dIsbambcen receind by ~pen afar fi t dab until Dube neæ beck any pains*, male b Ampere. After Dubin a rrinNinerolt *man wS have no obligeecnr repay Dubin. LE we pay 51 millon for Zeirre Serest h Corbin JEE nit rrdN4dl denbutone opt. 52 nØ end toe ~amino dot ibutans v49 b chided 5050 "awn JEE filed 2444, Tha tornmert limo ild been fina'oed Jeepen Wree nlareal thorn G Did» Dlylbn S $1 782 174 as or 600/13 and 51 76914 ee d 7 13) 780030/0 EFTA01119213 Reconciliation of large kerns Value 7/31/13 320,151,278 PartnersNps JPM Trading account- SFLLC (FTC) JPM Trading account- HAZE JPM Trading account- STC L Cameron Managed Account 290,877 see below (204,113) (83,177) (125,537) 241,298 Secureies (600,375) Dividendwinterest 8,213 Apollo Distribution 347,367 Change In loan account 1,590 cash spent : JEE (1,700,751) STC (104,799) (18,580) L Black Fee cash received BSABS 12,159 miscellaneous total 318.215,450 Value 8/31/13 318,215,450 Partnerships SFLLC TUDOR FUTURES SFLLC HIGHBRIDGE CAPITAL Haze HIGHBRIDGE CAPITAL Haze KING STREET (107,195) 120,646 224,871 52,555 290.877 EFTA01119214 SFLLC .EE and Related Erttcs Cash Su—nary 851/13 JPM 14972,496 14 972,496 JEE Bank accounts 865.046 JPM (Bear Steams) 666.995 JPM 56,857 Elatedly Trust (Bear Seams) 8,044 1,596944 JEEPERS JP Morgan 25.018.954 25018954 HAZE TRIO JPM 28,366 28 366 Southern Trust Ca npeny JPM 19234.085 Bank accounts 148,163 10382 248 Enhanced ECIUCattel 4.619.368 4,619,368 Total Cash 65 618 376 65 618 376 the does not incUde cash in P Morgan truing account 1,013.211 EFTA01119215 ENHANCED EDUCATION 6/31/13 TOW PARTNERSHIPS CASH SECURITIES JP Morgan (Forrnarty Bear Stearns) 4,508,812 4,508,812 BANK 110,556 110,556 TOTAL 4,619 368 4,619,368 EFTA01119216 Bear Stearns Asset Racked Securities andbudons Itacehed FTC 1/9/46 4/14/06 5/14/01 Mal 7/16/04 361/96 W25/06 10/29/0i 11/23/01 12/22/04 1/13/09 2/20/09 3/12/09 4/20/03 5/29/09 7/14/09 Note A 6/26/09 9/21/09 12/2/09 1/6/10 2/8/10 3/1/10 4/8/10 5/10/10 515/10 7/6/10 4/10/10 9/3/10 10/13/10 11/5/10 12/11/10 1/10/11 1/31/13 Note 11 2/4/11 3/5/11 4/01 3/9/11 5/9/11 7/3/11 3/1/11 9/4/11 10/12/11 11/1/11 12/3/11 1/9/12 1/4/12 3/9/12 4/9/12 5/1/12 6/11/12 7/9/12 5/9/12 9/11/12 10/9/12 11/3/12 12/10/12 1/9/13 3/5/13 3/3/13 4/15/13 5/8/13 6/10 3 7/4/13 8/8/13 Total Total PannorsNp &Trull 1.047.191.03 431415.03 147,707.20 147307.93 115.377.40 110,71100 110,615.0) 110,574.00 92327.00 45,95340 73,67000 7667030 73,624.00 67,434.01 46,44340 57,966.00 64,387.40 4731140 33.731.00 MOM Pannenho DWI 1,047,291.00 431,015.03 147,707.00 147.707.03 115,377.03 11071100 11041503 110,57403 92,127.03 45,95300 7367000 73,67003 7561403 67,43400 6644303 5738603 14,34703 4591140 31,71140 8749503 2547130 25,073.30 32073.84 31,071.64 134416.83 3340523 221/33.71 22411.71 2015.18 25615.13 23,24331 25,243.91 19661.45 19461.45 22,011.44 22012.06 2444941 24.959.61 2032741 20,527.91 23.33635 2333645 25234.17 25,234.17 24421/1 2442341 25,793.17 23,793.17 16,06642 26.956.92 26313.00 26,313.00 21,112.23 11,31225 2135796 2135796 11.67474 14/74.74 16493.15 16449035 15.596.19 15396.19 16310.22 1641022 15319.76 15419.76 17377.22 1737732 17332.49 17/32.49 15.04973 144416.73 11311.56 14.61136 19,767.40 19,767.40 17322.21 17422.23 1690.79 16)303.79 17,40130 17401.50 16,16530 14165.50 16302.96 16.402.95 14/72.40 14472.40 1664521 15,645.61 1603404 16036.04 1430421 14304.21 14,59400 16594.00 1149713 13450-23 13,25121 13,251.21 12,123.65 12,21345 12,43606 12,436.06 11.33632 11436,52 1231335 12.313.55 12,151.71 12,151.71 3,95599711 3,113,595.:7 842,402 72 FTC investoi $10.003400 In Sear Stos no Asset Backed Securities on 21/29/06 01strefutfons era bawl on maturing alerts NOTE k freFeasents 2 months per Dorothy Orkisky) NOTE 8: Watt adjustment In pannertlYpi EFTA01119217 Soirt lee m Flemma LIC Antals of Irresunats Investment F MV unraltzed B/31/13 Can(loss) ML Hertz 1211505 5,103.000 tanabutions 8/11/06 (2,160,021) catnexmons 12/11/06 (560,006) castnarbons 7/213107 (7.440,906) chtnbutons 4/2011 (1.297.352) *staut:ans 12/12/12 (I 308978) Q 687 2011 3673.086 6 340 919 Mel cabibutan NS ABS 11/29/06 10,000,000 att:tona (3.955.998) 6 044.002 331.882 (5.712.120) mon tadoe Ca rna' COM 1/11431 25,000.000 dletainais 2.28/C6 ~.003) - 19382610 19 382 610 na represenb toe total of elhatarta Ceoltal Corp end HB MuaStrategy Homnds Ltd Tapar 1/30/01 5.003.600 1/14/13 disMbuton (4.193.303) 805.700 12 853 612 12 016 912 JEEPERS DB Zam 4/29/02 innsend 10,000600 8/304)2 invested 10,000,003 12/2/02 nyast.) 30060,003 612/03 nvested 10000.003 1/3/05 invested 20,000,000 12/21/12 ~nation (6.541.292) 1112/13 clantabon (9611038) 6/25/13 dialbution (26 165.169) 37 441 601 Batane • taelvable from Fort/ess 127 4811500 C182- settlement it to based on ta followin•anu :n tra, fund va reconze • anatema 'mant panta a Jonna 1O111IN $70 nam Jeepens ~fra In intenst of G Oktan olaho Sant vekwed at opna 13.B mann inith • bakstop payment hom G Cabin gal b the ams of $5 ~ion cm« th• SOGIr•O•111 vak:* ut all atroutons recened wN ranet lo tas Vensamt es &Sept 30. 2014,Jimpars all Sund Dunt ur amount of any dstritubons rentved by Japan after Rat date uta Dkr ranes ban *ny nymalt; man to Japan. After Oubin is made urnob, J•Sperli ~hen no obigation to repe y Dublin JEE 1•10 0•1' $1 mi n for anms intenst al Cottiln. JEE v.111 roftiliv• NI (115111Ø uno $2 millpn and the nammining distnabons al be times 50/30 bonnen JEE end Etan Tem *gnomen tun net bien finakted 70,003,00) 5,000,000 1.000,000 7 va o' Joe h rorn G Du•n rbon i 1 762 174 as of 030/13 and 1789101asd7 n EFTA01119218 Haze Trust Analysis of Investments Investment FMV unrealized 8/31/13 Gain(loss) Highbndge Capital 4/20'99 10941,666 35.918,672 25877006 This represents the total of Highbridge Capital Corp. and FIB Mufti-Strategy Holdings Ltd. King Street 11/1/93 10,000,0(30 7/28/10 50% redemption (20,090,787) (10,090,787) 25987,844 35,178g31 EFTA01119219 I I C) <nonal leneoestwitreemenillent Curvont PR • ccantodlty reto. Global lnvestment Opportunities Group Account Position and MTM Summary (Open Positions) Preput d lo• Southern Nnunaal tt< 85 of August 30, 1013 USD804.4 'I 355 USOMS 8 5718 415004/ 09306 lapatiy Inu P• 5744.2 11 AA, 3 AC 4002 12.44,13 AC 4110 10.440.13 ADEN 2400 11~13 ADEN 2.502 31-84,1) AGI. 10.103 12.~.13 AGL 10500 240413 MIA 9.000 1441•1542 MIA 2535 141•13.12 el 2.095 310.413 8-1, 2.5440 12~13 IM 2.500 31.P.441 CA S.100 11~13 CA IWO 9,049•11 CO( 5.430 11~43 CO( S050 12./W10 DAG 50.003 31.0413 DfC 5000 1204843 DEC 3.003 174~4 2 /4 T7,503 1~13 NIA 2303 111~13 MA 2.501 23-40413 Gi 71,0:0 5-Aup.1) 11.0Y 1411.503 1~13 L1OY 1.503 12-Aug.13 LLOY 141,003 31.0411 14110 2.1403 12040•13 14$40 2000 11~13 50.40 10010 3104.13 140 3000 11~13 SGO 3.244 3114-13 YOW3 700 114~13 VOY43 700 E 02111141 Acom la Actor Sit MaccoSaRog MaaoSollag 11.4 40144 504 auktgrI0 Sp Arod Pharnwoutkals lek éviad Phatrepcoutiels Inc Illow tdotInc Ilest Pents 1001141tw Carrefour 1.4 Carodow So C~Cola 14bc A0C411 CowCola Illk 10-C4 0~a DbAgd Doublo 1~ k DecauaSa k 4194~ Sa 440400:(1m0 Frerwe Ag InntfuriAleport Inowel Aghwekturt Airowl Getowl Eloctek Co LIcyds Ilankim Gtoop Ple Lloyda lanking 6~ Pk Lloyds lanking Catm Ptc koewull» 11ffinautt Sa santmiro kocimat Inc 404M•91M Die SétnICestowe Coo1849n1e De 144M-038414 11~~44A0Pal voltawrgenAg.104 Curreney ::§;:§ee:I§1:íil::::§§§;tm 1 .0 Momon Socuritim KAUPID 1114 311 GINISC 13~ usopr 18.110 VSOKaw I110 04 CUIIMS0 1.11111 USD9AL 1307 USOCAD 10S» usernkr *I* 1.44D9014 4.1241? Dismend Weirt 218ekel V.`/ur enoy Pto• Notale Cuenent Pone 11.08511 M1.47 Comayear. CYc 110 2 44% if•81285) '78145 25 40 te 61 1.059 CO~Cyt$1•1 2.44% 11147.140) 1140013 21.53 24A1 osan wstomg, Ne~M ).01% 011111.150 1151,075 4457 5110 4517,441) 1494~4 107% 0171.0423 5157170 4321 5110 (113.192) motwor, COFINVole, Cydkal 040% 411134.4237 5172027 l l 52 1.11 57,51.1 Commor, 0.1443% 0144.4W1 1144114 11.10 11.14 117144 Cydiel Youtnir.11a4Wwk 000% 017(4000 )147000 1140 11.10 01.00/0 otonse,14o~k 04016 2)t 14{00 5140.151 1521 11.10 52%551 latewycic 0.140% (5150,455) 5,444,277 111.55 213.02 519~ ottwom Plmndal 3.14% 45159.2/0 1154.410 4047 4142 02.5913 Mondal 514% ($114.1111) 111(481 5610 47,42 (110,1111 183~ 24% 0147010 1172188 2321 23.49 54•41 44•44.4 245% 45114.7321 51544534 2318 2.1.11 02.1971 740~4 1440.4111114 1.42% 0117.4%) 515(039 11.12 1712 (3I1,54( snewror,Notwyck 143% 01410701 4151.00) 1%71 17112 07.411) Pondi 0.00% (1132.11444 54S.030 7.05 30 592450 C.4044~Mont 1,74% 41101.1C0 5147.539 2t22 2135 59.03* Coemonkalkos 1.74% 15114000 510.531 25,05 2535 5732 Comounkolktro 0.40% 15545,000/ 572214 3t00 4115 157.445 eranled 154% 0142910 1141.210 88.11 •179 (11.)181 lodalal 214% 15141110 4141,210 11.17 4179 (11.540) Indullitel 3.19% 28895.110) 5512220 21,53 2114 583.080 Finendal 04014 (51740143 411(970 0.T/ a73 0 7.943) 11 inandal 0.00% (11.712) 11.4110 0.n 0.73 035) Pin0W41 040% [II 44.011) 515803* 0.74 0.71 ($7.5103 Comento C104011 3.111% ($155.211) 51429114 59.29 sto• (112.245) Conseenot. Cycllua 414% 0159.7213 514.1.184 51.11 x041 014.713/ 040% (4420.110 1493.540 1.10 9117 173.284 wis,Moricgcic Indtatetal 3.51% ($159.041) 5143093 10.15 35.3.1 53.612 kottstnal 3.51% ($1522/111 5151015 34.33 8534 (12471) Comernos 0,01(01 107% (1164.6141 1119.137 171.11 172.1U 05.407) Cwwww.C411.4 }0M (1173.1191 5131.237 115.05 17210 014.031) Structund Notes • t.té e Pec .wIBAb .nxnetvnenlSantne7prpr0 Trode Pate Malwity Fme •nwent los) Oenelpeem 8 Nov.12 22 Nov-1) t,Cp9,000 G5 note 110243 tnke TO TAVIVS VICTIrsidismer S% AtenCp421 99mytm 140,013 20~44 1,000000 445 ~I Piete 8110( 40% 040 94nlot • 3.4% Con.Uncamad • intel taral 41 19 540.12 MApe I 5 10(0.030 CIN 4100% 01% 04/14/2015 Old0441412011 21~4 3 2~14 2000.003 sette OWN Pat • 80% 480 toorietaMep%17%Ce9 1~ 4~ 2744/9 2114.11 5.4g14 1.000.003 SG ~t41/1u4 W71 0~ n75% borrkee10%<" Untapood 11174•41no~ IY10 12.00 1/ 11-00-12 23-00.11 10.2•11 00~12 24001) 0.,11 01 Ap2-209 10301103 111~1019 400,000 111~2019 ~.000 01405.2019 1(00.000 0104%2019 1140.030 15,10,3020 1.5140.000 788 Co,, emy. 1•14/14t Vatue II/ I ...... c Illetented lenry I. Se ISI Current nrone 151 11~ oo0) li.Cza 0,0 TO 10040 10241 01.0020401 11.1'9 stO 10 5100.00 111181 1110.40.0CW 11.607500 $61ma 51(0.00 110110 02.040.0031 $1,181,400 10 5500.00 11120 4120100004 $2.011,800 10 5100.00 110014 Petonre Neat CA Uate Cuupon Pionnent talaniet Volter Total Aearued '1,10 Wor nire erne Current Prne tomtkest In< 11/2015 ? 825% III 0,1 Cce) 51.010400 555.216 574% 510350 11%1)0 EaMatea lry CCC, 5/11120.5 • en% /44147(0% 5793.940 130)71 922% 5101 50 x9.4 Earehlledi CCC, 1111/101$ 1m% ($419.50% 5590.)710 MI410 921% 51017 591,14 Norietwo lot 0- 411/2014 1210% (51%2501 11.541.510 171.1% 612% 511 /110% endne~411mateln WV2014 2)970.000 51,044,5.0 1440,7 613% 19140 1+456 SerV101155111tee Cernpares CCC4 2/1%0015 a(0rs (11.515.625) $1.0%)23 571.003 e 85% ‘04 14 415.88 12/810 1118050 1128318 11, 8CCC, 111800 M1111 5.10.236 110312 $1(790 4'2%774 5148407 (288500) EFTA01119220 Global Investment Account Position Pr epared for SOuthion Mn•noal 5004111 WAARS 1151011 Opportunities and MOM Summary tlC U3 ot Au. .n1 Group (Open Positions) 30, 2013 XALMO 1»131 115013011 MOOI I.6004) 101314 01091141 WIlla ~We 1.5410 13211 2.040 CrIC) c7eab•1 1..••••••••••0~~1144. P. ~pan Soatattlara LIG. 94 40 23437 1207 Onnet PX • Caunaadlty 11355 5.4714 03104 U5OPY 404404 VIDHO[ rel•a 214033 15-10.2020 1,Wp,000 Sernarnedir Con.0%. «Ca 2/112013 11.00011 01470404 1914310 141311 4115% 1107.03 1111II 1570.1k» 34pr.13 116/01023 300303 eerder OF* Pk Ma 440200 4750% 11302000) 1007.503 01.414 7.10% 114002 110150 314994 5434,146 1314411 Frnartual 00040 aprenron Dan & Co NI 4/3142018 7300% 02.702~ 41.71000 1.2.11 110130 1110.42 1495221 134011 airpeta0 2500.003 pproepen Ome • Co 111 4/300013 7.100% 02.76224213 12.7419500 141114.5 5.19% 110130 111012 µ99.t11 1040411 Perpetval 1301.000 Frat Smok. C.erp 504 11152011 1325% 02.011350/ 12211400 102/1/19 531% 110144 111035 13µ.709 30.2en.12 Peru*, 3.000.000 ~ven Cal (Men NS 2/1/2422 1210% 02.911970) 14154435 119.475 1.1011 110010 310415 µ11,µ0 27~12 Porpeluel 2.020.000 Ganeral II« Cap Carlo AF 4115//022 7.125% (12.122.1201 $2220305 $147.434 512% 1106.15 111110 1214514 11444F13 ~petst 1.400.000 General (Ier CeP C*0 AA. (014202.3 4250% 54404~ 11.734554 tien 431% 1102.40 41131 (16e .K3) 22.4413 Pewhal 750400 Spronon Otame • Ce 113 11/1/212.3 6.010% 117510201 1751931 19750 5111% 110140 110033 35444 • PrOwnatleael PIaM Feerne . • IMrn 177oci ,na. 0,1.7 17,7..kunty Luur Sin non Cunancy Coupon Ponopnl Coot 111 Marke1Vniur Acceued Taan vn lil Meheld10 Worst "" 040m/tint Rog all (1.«41, MTM 9Q0.12 02-Nev-2017 500.3C0 Potrobroill. Von.. raua VS0 *100% 3403250 1447,500 1121194 4808 4 50 361,146 11 049.12 024.0.2017 1.00.00 netreaeoa Clo Venezuela 1.110 1103% (µS7.3071 $495.000 375.319 1I 76% 19 75 19.50 172.519 10-14957.12 140.12021 1.500.000 cib 0416 I.50 3.515% (31 617.5001 11.7154,070 1, 315,345 31% 101150 1143.4 1341155 lloydr aantal( ilap/Aik Of mgentine 26.lor.12 15.002035 7.500.003 wA 1./50 0.0/014 161.034.7501 4402,000 1•44524 1. 1115 03:0 131.70 13.069.10 15.0492035 10.000.020 mepuial« 01 Arpentina MA 1115 0003% 0311000/ $1131.4311 13I1,0Å 1256 1.5.1 1169430 2144.433 PØ 3.000.000 lbp Ca pul Ho 1 Pk OF 1.230 5.000% 03347.$07) $3.135.002 366,000 715% 10425 104.50 11445001 124i0-11 02 Nere2017 4000.000 Petrelees14/ Venezuela I 14% 5.540% 0123.004 $495.002 3111,417 11 76% 392 50 50%50 011.553) and Moet ~44 • Manual Prcin• vo. Pm. invesionant @ank 1.4d 0 idle 1.1.1m7.ty n.fo naua >67' R.7 7.7, In.lUll0.na Cvopon 0,.4595.5 <eo is) ?Parket VUlut (S1 7°"Ifiein‹.1." Enoy Pritt Cureert rilli<C MINI IS/ 0.0CA ir ItetAi) 2 120 2029 9A',0Å m[77.20044 M111 CCC 9212013 C14% 1154..4) 31 5144,114 131.14 5-425 40 74 µ,98a 4~1) 20002032 s.mpos 5041110 CCC 520301) 1639% 13711.91% 57673% 364%6 73 /5 74 47 127.152 23.040 12 25.403203) 3.324000 Clehl 20}24I1 ~013 5.330% 01.231.2222 5•13.131 1115111 77 00 CSM (54.1.0n) 260.012 25.10.2037 saam Ome .7C07,41 2.64 CCC 1.311022 2711% (12.012.141) 51.70.153 550-1.493 1650 1512 120241 1641/613 254%01033 assems CPN 20),I 51 1254013 5330% (31.4/41103) 14154951 12117,744 13 30 54M 522.114 3040 11 24Por-2033 2.711020 µ4 2001 10 12 CCC nomsou 0.00% 01,07•353) 1479420 3160,531 100 CO 91 41 0414321 10 ka.13 244or.2035 0.001010 unen 2005-2 131 CC 12512013 0.119% 01.0324261 51.279322 145.599 69 .15 111 92 5112.001 U044 Preleerork Dal. 0.ennty 11.0.4 Compnny 54P Roken Coupon Prersopal Col* 141.7rbiel V.olue 111 0‘vidends iihrurived (51 Y•eld to Wen, (nop Foto Corren1 Pekt 11.01417 Renn MOM 14 3~10 'woon 11.000 nenrri .• ce /UA 6000 a )5% 1100.00/ 11111.27.0 301950 16 4.3% $000 aa 46 137.730 104010 121112013 44000 Genera, Mota, Co 1500 475% III 114973) 35.045,540 1372.116 1{4% 50,57 4464 1243.423 22.10.12 2215/2040 10.403 G'n.c Oprui TI'S., CCC•r• 125.00 5.13% 04142 0021 12,123.192 1234541 5.47% 23.54 26 54 471,955 3.70412 Pa rpetal 41.400 101 Rnanoal FC CCc r • 1210 5.50% (51.005,226) I 11443% 54% 21.51 2191 3395.911 1-204.12 Pa egelnel asem Alp %none& Inc «c• r• 125.02 530% (1e.70:50001 12152.40 1244.10i S4% 22.25 2691 3617,4, 1 2400.12 Parpartvel 400 Read 19 µond Grp Mc 125.40 735% ~M00) $10,600 160.014 I04% 2331 22 14 124014 74/4413 aellletsi 40.040 Reaal 5k kond Gril Pk 125.40 7.25% 11177.40% 1117400 µ1.3U e04% 24.44 2114 (114.4» , 1410313 Nept. 40.0:0 Roy*, Ik kotInd Grp Mc 125.40 725% 0995.204 $917.606 143,903 a n% 24.111 22 94 3,697: ~mal Funds and Mon ~Mi 25 1 1 ATIX 49,5CA 91 1p,moroan toto Amenra usa 3321 721 10 201Ø 161 EFTA01119221 Global Investment Opportunities Group Account Position and IVITNI Summary (Open Positions) Prepare0 lot Southern F manual 1.1.0 as of An0ull 30. 2013 11300)04 IMAM USOC/W 11355 WNW 1394.38 WW1) 1.5491 USOPY WIN 5.4714 MOW 1110.04 !MUSD 11218 1.009Xl. 2.3437 09101 VIOCAO 10536 U3011/19 2010 1350MOR (1207 1 13 NOVI terogavd Cesar fa,Or (gate %poly. Oxlip 2\ Axyl 100[1.0 AIX Contemn /Ana X arle Tiede °Air Fapplexiloo OA11012 0101113 l.AV011 0. 0012 lOdura I 3 13 10-M 10248613 104011 1OAw13 10-53013 2.M.g-I3 14-50)11 2.01101) 14/ro11 7170917 1pervowan Value Achoolavo-Int USD 02.002000.0e 11.972432 to 25.41% 2(06 14223* leovijini • Rates w.nea lnvw Not.ux.d 148.350.000 000.030 I.• ant iOn Con11341 Spot 91/111 Centextg how, 9313 9309012 132119 ,n • 1608medelied W 1b011fe Meet, man mtm illa.g1X WC Pvt 10000.003 s ' CAO 41 ( .142109) .257.1,1 SoN.ni SOW WI Call 10,020.030 430 CAO Pial Go 93 • 69 65 330,8011 N $347,100 fold l0f Call 5.050.0% 9125 U10 Put Cap0 ON 75 105.050 0( 4101 $710,570 Sour WV Pm 5.0000% 1%50 USO CaV 0121(031 113.831 (1107.614) Said in Put 4 741./OS 106.50 IlSO CaN 01.500 110) 131.5.3o 11..2.10 USO Cal' 2SC.= 11050 vWf OVUM Po tigaSCO) 16111.124 5121024 Sold iyarD 0.1 :50 KO 93 IC lArti IMRE; Call ft, oe$I$ iff2.10) 0500.6000 161(00 IX OpIpOrti NAM etal naue Dale X on bre tmge Oage X-221a0 ) 110440.11 204.2, K0.0g Tnnpan NRIWP01 FOX 72 Xx‘r so.c.1.1 ll.pa haboo.1 Avuorellnil ere al catty Orbit PAW flood) 250491 •I. 26 1$971 EFTA01119222 c AP-.1?!.6- Ste A 4 1 li II 10.1 fl--1 1 11 4 itil 4 111 igig ill; E4' Ili g itlt I ii iiiiiiiii g;i lii I i--.: 1 I t 8 II!! E !! s Jill ilfill I 1 1J$ 111 1 t 111 :: nvis ge, 7---- e e 5.: 2 II! iil ill I!! !.' alit! !if al9 el 9 _ 1 g II gill g 1 a)! al ill i 1:1 fil .S! 1!, 1! E 1 PEE 6th IS I 1O a 1 11:1 11 III, S SI I g Ill IP I l lll r ggg A WE mail ill 2 I i I Uzi ill i!li ti: 7( . i IL Ii gs _. Rgt I Al g O g a 2 .= c t ti EFTA01119223 Ourent Fl • Carvenetety ratty trucleded Notes Global Investment Opportunities Group Account Position and MTM Summary (Open Positions) feepered for lime feast AY of August 30. 2013 VSOMXN 111$1. XAtA)S0 1394 )4 tISOAAS >4714 liS02•11 102648 VS000 01106 VIOCAID 10534 •Wr. yl Pro n iteeeprent tank el r mice Date Maturny fate Amour.; 5-Apr.12 16.Apr 1 Lung Orselptaun P. Moew $445.111074 GIIPUSO 5 SIMI 991q IVA/S0 11218 stlfelt, 23837 USOTRY 2 040 001401( 6.'207 Cott SM'S 16) Market Value I>, Pnletell Ptetanute 81 entry Prue III Current Prue IS, MIM oo 00 J Ittnatt • U.S Income., Trade Out Malvny Face Amount Inveda Pro W leaornbe Sift Nanny Heal Cell Ote. Cu. o, lesnteal Cost Melon Yakut 14481 lee Attested Entry Pr 7te Can, Pre. MINI 10-May-11 01•Nov.20115 04400*/ EnN9107,9 'payment WA 7 37514 1 1.31s1 5001 1.34.000 204.042 Ills 1117 0) 1144,91.2 A00-12 IS-44•0018 SOSO. (CC. 1/11001) 10250% (144SCOU 1353065 146114 tO 570.91 1165.241 Ire 14ndred14•41thtar• 20812 01-1.-2019 1,000,000 6- 64 2014 425014 11914-50X) 11.049.510 175.147 $9963 1104 96 1121.497 10.4401 Penh. IpmerganChass 6 Co 966 4002014 7.980% 03.337.950 11.319.155 $144.4117 fill 27 1,1044 1527,122 1,74A.11 Perpetual. 3,0)0.1:05 Bank Of Ammo Corp Be. 14142014 4.12311 03.319.610 12.316.605 1161.179 1112 99 1110 SS 1400.974 F 'Fed Income MTM • And Asset necked • Manual /no, ea YM. n an Naito Date Mollurity 0.79771,1 Fat. 11.7.74 Site nein& h.., Cell Om. 47.47. ,774, <", •I MAtIkr. V Alue 151 1771.11Prak f> laity Ame (Loral) Cutneit Peer (Iota') 1147M 10 SAsy-1/ 21. Mar 203 '000.000 Our 2007,41 12A3 IV/5/2021 4873% 1 /755111 54424.4 223.370 /7 46 10 May 13 25-)un.201S 1.500.010 Gs r 20095E II It V210022 711% FF1213,31610 11002.447 122,914 74 SC 77 44 1 20 Morigast MeV and. Asset 11.441,4 111 930 900) 11 S43.931 5244.304 S (143.6411 Mari Trade 0ste Symbol Linn, Ccesp-Any ma el rust (5) AA mite CS) Chvirle Entry NAV (maven, N•V MTM . MS (local) 1L0441) St' 11.45X 203.229 35 3pneegan limn Rai* Inc.141 OF0 12044447 rPlt• 100415 10 06 0011 Avg 011YFX 325,16117 Arrousan High Yuld Sal USD (2.492,727 92) 12.6245122 Dee* ft 2748 107 (16460:3 WeiwflUMIESER 57 2607) EFTA01119224 SOUTHERN TRUST COMPANY, INC For the Period 8/1/13 to 8/31/13 Note: ' This is the Annual Percentage Yield (APY) which is the rate earned if balances remain on deposit for a full yew with compounding, there is no Mange in the interest rate and all interest is left in the account. Cash & Fixed Income Detail Price Adjusted Cost Unrealized Eat. Annual Income Quantity Value Original Cost Beirut-offs Accrued Interest Yield Cash US DOLLAR • 1.00 574,677.00 [repeated 3 times] 57.46 0.0150 4.82 Non-US Fixed Income PETROLEOS DE VENEZUELA S 8 1/2% NOV 02 2017 OTD 10/29/2010 HELD BY EUROCLEAR ISIN 0SP780711AK18 SEDOL B5SCOL3 716550-9A8 B /NA 89.99 2,000,000.00 1,799,800.00 1,985,000.00 (165,200.00) 170000.00 11.58% 56,194.00 Complementary Structured Strategies HSBC SRL STEP UP NOTE 3/27/14 73.67 1,000,000.00 736,700.00 1,000,000.00 (263000.00) LNKD TO ORL VS USD 85%BARRIER• 5%CPN-28.5% MXRTRN 3/13/13; INMAL STRIKE: 1.9619 40432X-03-2 SP.Morgan Consolidated Statement Page 9 EFTA01119225 SOUTHERN TRUST COMPANY, IN For Ube Peri /13 Adjusted Cost Unrealized Est. Annual Income Pnce Quantly Value Otto pat Cost Gain/Loss Accrued Intents, Yield Complementary Structured Strategies HSBC BRL STEP UP NOTE 4/21/14 LNKD TO BRL VS USD 85%BARRIER• 5%CPN-28.5%)AXRTRN 4/5/13 INITIAL STRIKE: 2.0035 40432X.E.S6 76.13 1.000000 00 761,3430 00 1,000,000.00 (238 /00 00) Total Complementary Structured Strategies Equity Detail $1,488,000.00 $2,000,000.00 ($502,000.00) $0.00 0.00% Price 0uantny Va2ue Adjusted Cost Octal Cost Unrealized Est. Annual Inc. Gan/Loss ACCIU43d ON, Yield Preferred Stocks ALLY FINANCIAL INC 20.91 57,000.003 1,533,870.00 1,489,960.00 612% PFD 02005N-30-8 ALLYPB NA CAA 43,890.00 120,840.00 7.88% J.P.Morgan age 701 9 Consolidated Statement Page 10 EFTA01119226