FINE ART HELD BY NARROWS/ LOB

FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL The Table (Still Life with Fan) [COST UNDER REVIEW] 1910 BRAQUE, Oil on canvas GEORGES 15 x 21 V. inches 12,500 24,000,000 24,000,000 23,987,500 La muse Executed after 1918; limestone base and turntable mounting made by the artist in 1953. BRANCUSI, Polished bronze with limestone artist's base CONSTANTIN Height: 17'/. inches 11,466,250 32,500,000 32,500,000 21,033,750 Nympheas 1904 MONET, Oil on canvas CLAUDE 35 %x 36 inches 24,356,250 45,000,000 45,000,000 20,643,750 Femme cousant: a double•sided painting 1914 LEGER, Oil on canvas FERNAND 35 %x 28'/. inches 16,000,000 35,000,000 35,000,000 19,000,000 Elongated Plane 1915 MALEVICH, Oil on canvas KAZIMIR 31 % x 31 % inches 16,820,688 35,000,000 35,000,000 18,179,312 Fernande Olivier Cast by Vollard 1909 PICASSO, Bronze PABLO Height: 16 1/4 inches 3,114,375 18,000,000 18,000,000 14,885,625 Carriere de Bibemus Circa 1898 CEZANNE, Oil on canvas PAUL 25 % x 21 inches 7,692.500 22.500.000 22.500.000 14.807,500 Page 1 of 76 EFTA01204112 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description TURNER, Goldau R.A., JOSEPH 1843 MALLORD Watercolor with scraping out Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL WILLIAM 12 x 18 % inches 1,330,000 16,000,000 16,000,000 14,670,000 Jardin de fleurs VAN GOGH, 1888 VINCENT Quill and reed pen with black ink over pencil on paper 8,500,000 22,500,000 22,500,000 14,000,000 Femme nue 1909 PICASSO, Oil on canvas PABLO 35 x 28 % inches 11,002,500 25,000,000 25,000,000 13,997,500 Corde et Personnages II 1935 Oil and rope on cardboard MIRO, JOAN 29 %x 41'/. inches 7,036,250 20,000,000 20,000,000 12,963,750 Le Château Noir Circa 1904 CEZANNE, Oil on canvas PAUL 27 1/4 x 32 % inches 12,505,581 25,000,000 25,000,000 12,494,419 Composition C with Gray and Red 1932 MONDRIAN, Oil on canvas, with original artist's frame PIET 24'/. x 24% inches (framed) 2,922,750 15,000,000 15,000,000 12,077,250 Marocaine en jaune 1912 MATISSE, Oil on canvas HENRI 32 x 25 inches 10,000,000 20,000,000 20,000,000 10,000,000 Aasgaardsstrand Circa 1900 MUNCH, Oil on canvas EDVARD 38 x 40 inches 2,571,478 12,500,000 12,500,000 9,928,522 The Risen Christ BUONARROTI Watermark indistinct on 33-mm vertical chainline, the upper corners made up. MICHELANGE Red and black chalk, pen and brown ink LO 9 1/4 x 8 1/4 inches 13,308,196 22,500,000 22,500.000 9,191,804 Page 2 of 76 EFTA01204113 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Buste de femme 1907 PICASSO, Oil on canvas PABLO 28% x 23% inches 9,500,000 18,000,000 18,000.000 8,500,000 Recto: Crane sur une draperie (Skull and Draper) Recto: pencil on paper; Verso: watercolor and pencil on paper CEZANNE, Circa 1902-06 PAUL 12 x 18'/. inches 1,750,000 10,000,000 10,000.000 8,250,000 Tanzerin mit Tamburin (Dancer with tambourine) 1946 BECKMANN, Oil on canvas MAX 57 % x 35 1/4 inches 1,825,000 10,000.000 10,000.000 8,175,000 Danseuses 1899 DEGAS, Pastel on paper laid down on canvas EDGAR 25 x 23% inches 11,910,206 20,000.000 20,000.000 8,089,794 Spanish Dancer Chalk on grey fibrous flocked paper collaged with plaster on sandpaper, three wrapping paper elements, twine, paint on string, thread, nails, tack, linoleum, wooden drafting triangle, hair woven in fabric, and cork mounted on five original wood boards joined by two original cross members 1928 MIRO, JOAN 43'/. x 28 inches 9,363,625 15,000,000 15,000.000 5,636,375 Grenade et poires dans une assiette Pomegranate and pear on a plate Circa 1885 CEZANNE, Oil on canvas PAUL 10 %x 14 % inches 3,692,500 9,000,000 9,000,000 5,307,500 Tate d'homme a la pipe 1912 PICASSO, Charcoal on laid paper PABLO 24 %x 18 % inches 1,729.294 7.000.000 7.000.000 5.270,706 Page 3 of 76 EFTA01204114 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Oiseau dans l'espace (Bird in space) Circa 1922-23 Signed with monogram CB on the underside of the cylinder base BRANCUSI, Marble and stone CONSTANTIN Height overall: 48 inches 29,755,440 35,000,000 35,000,000 5,244,560 Jeunes femmes au jardin (Portrait de Renee Monchaty) Huile Sur toile Circa 1921-23: reworked 1945-46 BONNARD, Oil on canvas PIERRE 23 % x 30 % inches 2,827,811 8,000,000 8,000,000 5,172,189 Jeannette III Edition 10 of 10 1958 MATISSE, Bronze HENRI Height: 23% inches 1,650,000 6,500,000 6,500,000 4,850,000 Jeannette IV Edition 10 of 10 1958 MATISSE, Bronze HENRI Height: 24 % inches 1,800,000 6,500.000 6,500,000 4,700,000 A Seated Old Man Facing Left 1631 Signed with initials and dated lower center RhL 1631 REMBRANDT Red and black chalk on pale yellow prepared paper VAN RIJN 9 x 6'/. inches 2,454,220 7,000,000 7,000,000 4,545,780 Bouteille et verve 1912-13 PICASSO, Pasted newspaper, charcoal and pencil on paper PABLO 23% x 18 inches 700,000 5,000,000 5,000,000 4,300,000 Voltri-Bolton I Signed, titled and dated 12-6-62 on the base Steel SMITH, DAVID 112 %x44 %x 15 % inches 2,706.250 7,000,000 7,000,000 4293,750 Page 4 of 76 EFTA01204115 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist CANALE , ANTONIO CALLED CANALETTO MUNCH, EDVARD POLLOCK, JACKSON MATISSE, HENRI VAN GOGH, VINCENT DAVID, JACQUES- LOUIS BRUEGEL I, PIETER DE CHIRICO, GIORGIO Item Description Feast of the Assumption at Santa Maria della Salute 1763-1766 Pen and black and brown inks over black chalk, heightened with white 15 x 21 % inches Melancholy 1891 Oil on canvas 28'/. x 38',4 inches Number 8, 1951 Dripped and blotted black ink, colored inks and drops of white oil paint on mulberry paper, tipped on the four corners to a thick support paper by the artist Signed and dated lower right 24'/. x 39 inches Jeannette V Edition 7 of 10 1958 Bronze Height: 22 % inches Wheat Field with Sheaves 1888 Pencil, pen, quill and sepia ink on wove paper 9 % x 12 % inches Portrait de Francois-Antoine Rasse, Prince de Gavre 1816 Oil on canvas 28 % x 23 % inches The Drunkard Pushed into the Pigsty Oil on panel, circular Diameter: 7 % inches The Surprise 1913 Oil on canvas 51 % x 16 % inches Total Paid (in USD) 963,425 Sothebys Appraised Value (July 2013) 5,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 5,000,000 11,000,000 15,000,000 15,000,000 1,250,000 2,750,000 2,265,131 2,273,250 5,499,505 5,000,000 6,500,000 6,000,000 6,000,000 9,000,000 5,000,000 6,500,000 6,000,000 6,000,000 9,000,000 4,036,575 4,000,000 3,750,000 3,750,000 3,734,869 3,726,750 3,500,495 4,546.500 8.000.000 8.000.000 3.453,500 Page S of 76 EFTA01204116 FINE ART HELD BY NARROWS/ LDB SCHEDULE OF UNREALIZED MAY 2014 ALL WORKS 100% OWNED Artist ENSOR, Total Paid (in Item Description USD) Fair Value (% Sotheby's Ownership) or Appraised Value Cost (if not on Appriasal Value (July 2013) Appraisal) Less Total Paid PLEDGED AS COLLATERAL Le grand juge (masques) 1898 Oil on canvas JAMES 23'% x 29'% inches 1,201,212 4,500,000 4,500,000 3,298,788 Y Le gueridon 1911 Signed on reverse BRAQUE, GEORGES Oil on canvas 16 x 13 inches 1,732,000 5,000,000 5,000,000 3,268,000 Le repos Circa 1893 DEGAS, (Pastel on board EDGAR 19 % x 25 % inches 4,086,438 7,000,000 7,000,000 2,913,563 Y Zwei Akte (Two Acts) 1911 SCHIELE, EGON Gouache, watercolor and pencil on paper 20 % x 13 % inches 600,000 3,500,000 3,500,000 2,900,000 Iris, messagere de Dieux 1890-91 RODIN, Bronze with green and brown patina AUGUSTE Height: 32 inches 1,193,456 4,000,000 4,000,000 2,806,544 Choc de cavaliers arabes 1833-34 DELACROIX, EUGENE Oil on canvas 32 x 40 inches 8,469,701 11,000,000 11,000,000 2,530,299 GERMAN, 16TH CENTURY Group of prints including the pair of colored Burgkmairs 2,500,000 2,500,000 2,500,000 Portrait de Constantin Guys 1880 MANET, EDOUARD Pastel on fine weave linen 21 % x 13 % inches 1,652,500 4,000,000 4,000,000 2,347.500 Page 6 of 76 EFTA01204117 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist SERRA, Item Description Double Torqued Ellipse II 1998 Weatherproof steel Outer ellipse: 11 feet 9 inches x 25 feet 6 inches x 36 feet Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value Less Total Paid PLEDGED AS COLLATERAL RICHARD Inner ellipse: 11 feet 9 inches x 2 1,657,250 4,000,000 4,000.000 2,342,750 Y DEGAS, EDGAR Etude de nu pour 'La danseuse habille' Circa 1919.1921 Number thirteen in an edition of twenty plus two Bronze with brown patina Height: 28 % inches 1,000,000 3,000.000 3,000.000 2,000,000 RAFFAELLO SANZIO, CALLED Head of a Young Apostle Black chalk over pounced, dotted outlines RAPHAEL 375 by 278 mm 48,085,198 50,000.000 50,000.000 1.914,802 Y CEZANNE, PAUL Le Mann or Le Jardinier Vallier vu de face 1902-06 Oil on canvas 39'/: x 32 inches 53,103,750 55,000.000 55,000.000 1,896,250 Y GAUGUIN, PAUL Cylinder with Two Figures 1891 Signed PG at either side of the crouching figure Wood Height: 14 inches 8,128,125 10,000.000 10,000.000 1.871,875 LEONARDO Caricature of a Woman Wearing a Tall Hat and Caricature of an Old Man in Academic Dress: a pair of drawings Pen and brown ink Each: 2 % x 2 inches DA VINCI (Matted within one frame) 784,813 2,500.000 2,500.000 1,715,188 Y MOORE, HENRY Two-Piece Reclining Figure: Points Cast by the Noack Foundry, Berlin 1969 Bronze with green and brown patina Height: 90 inches Length: 143'/. inches Depth: 72 inches 4,347,394 6.000.000 6.000.000 1.652,606 Page 7 of 76 EFTA01204118 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist DE GOYA, FRANCISCO DE GOYA, FRANCISCO PICASSO, PABLO TURNER, R.A., JOSEPH MALLORD WILLIAM DE GOYA, FRANCISCO GUARDI, FRANCESCO MIRE, JOAN Item Description La bouillie (Beggars Eating Mash) Black lead, brush and grey wash 8 1/4 x 5 % inches Three People Around a Dying Man (Le malade) From the "Sepia album-F" 1812-1823 Brush and sepia ink 8 1/4 x 5 % inches Study for 'Nude with Drapery 1907 Gouache on buff paper, mounted on canvas 12'/: x 9'/. inches Entry to the Grand Canal with Santa Maria della Salute Circa 1840 Watercolor with gouache and scraping out over pencil indications 8 % x 12 % inches Gimiendo y Ilorando (Weeping and Wailing) Circa 1824-28 Black chalk and lithographic crayon on paper 7 ' x 6 inches Recto: Regata in the Bacino di San Marco with the Rialto Bridge in the Distance Verso: The Grand Canal with the Rialto Bridge in the Distance Toward the Riva del Carbon Pen and brown ink with brown wash over black chalk 15 x 24 % inches Femme poignardee par le soleil recitant des poemes fusees 1939 Oil wash and gouache on paper 16 x 13 inches Total Paid (in USD) 401,914 475,000 744,219 907,375 1,014,844 1,025,000 Sothebys Appraised Value (July 2013) 2,000,000 2,000,000 2,250,000 2,400.000 2,500.000 2,500,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 2,000,000 2,000.000 2,250,000 2,400.000 2.500.000 2,500.000 1.598,086 1.525,000 1,505,781 1.492,625 1.485.156 1,475,000 1,550.681 3.000.000 3.000.000 1.449,319 Page 8 of 76 EFTA01204119 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL La parade Circa 1865.66 Charcoal, pen and ink, grey wash, watercolor, gouache DAUMIER, and conte crayon on wove paper HONORE 17'/. x 13'/. inches 1,312,531 2,750,000 2,750,000 1.437,469 Aux courses 1878 DEGAS, Oil on canvas EDGAR 7 ' x 9 % inches 1,082,500 2,500,000 2,500,000 1,417,500 Dessin pour Tescalier LEGER, 1913 FERNAND Gouache and India ink on buff paper 1,190,750 2,500,000 2,500,000 1,309,250 La chanson a boire Circa 1857-60 DAUMIER, Colored crayons, pen and ink and watercolor on paper HONORE 9'/. x 13% inches 693,341 2,000,000 2,000,000 1,306,659 Skizze fur Sintflut II (Sketch for Deluge II) Signed and dated Kandinsky 1912 lower left KANDINSKY, Oil on canvas VASSILY 37 % x 42 % inches 31,725,250 33,000,000 33,000.000 1,274,750 Study for 'Head of Nude with Drapery 1907 PICASSO, Gouache and watercolor on paper, mounted on canvas PABLO 12'/. x 9 % inches 476,300 1,750.000 1,750.000 1.273,700 Les toits, Arles 1888 VAN GOGH, Pencil, reed pen and ink on paper VINCENT 10 x 13 % inches 1,250,000 2,500.000 2,500.000 1.250,000 Page 9 of 76 EFTA01204120 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Betwixt the Torus and Sphere 2001 Weatherproof steel; three spherical sections, three torus sections, unique SERRA, Overall: 11 feet 10 inches x 37 feet 6 inches x 26 feet 7 RICHARD inches 2,775,500 4,000,000 4,000,000 1.224,500 L'araignee en pleurs 1881 REDON, Charcoal on paper ODILON 19 x 14 % inches 560,000 1,750,000 1,750,000 1,190,000 Madonna del Gatto Circa 1478.80 LEONARDO Pen and brown ink and wash on paper DA VINCI 3 %x 2 % inches 3,338,547 4,500.000 4,500.000 1,161,453 Fernande Olivier 1906 PICASSO, Bronze PABLO Height: 14 inches 624,938 1,750.000 1,750.000 1,125,063 Young Woman Surrounded by Witches (Jeune femme languissante) From the "Bordeaux album-H" 1824-28 DE GOYA, Black chalk FRANCISCO 7 1/2 x 6 inches 380,000 1,500.000 1,500.000 1,120,000 L'Air (premier etat) 1938 MAILLOL, Lead ARISTIDE 54 % x 100 % x 33 1/2 inches 893,063 2,000,000 2,000.000 1,106,938 Page 10 of 76 EFTA01204121 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Maja y Celestina Circa 1824-25 Carbon black, touched with red wash, heightened with DE GOYA, graffito on ivory FRANCISCO 2 %x 2 % inches Les Bourgeois de Calais Jean d'Aire, height 181/2 inches Pierre de Wiessant, height 18 inches, Jacques de Wiessant, height 18 1/2 inches, Eustache de Saint-Pierre, height 16 3/4 inches, RODIN. Andrieu d'Andres, height 18 5/8 inches AUGUSTE Bronze 660,000 1,750,000 660,000 1,750,000 1,750,000 1,090,000 1,750,000 1,090,000 Venus a la coquille II One in an edition of ten 1932 MATISSE, Bronze with brown patina HENRI 12% x 8 x 9V. inches 700,000 1,750,000 1,750,000 1,050,000 St. Jerome in his Study (Meder 59, a: Bartsch 60) DORER, 1514 ALBRECHT Engraving 189,656 1,200,000 1,200,000 1,010,344 Paysage 1908 PICASSO, Oil on panel laid down on cradled panel PABLO 26 % x 11 % inches 2,500,000 3,500,000 3,500,000 1,000,000 Study for Agony Signed and indistinctly dated GORKY, White gouache, colored crayon, charcoal and pastel ARSHILE 40 x 51 inches 3,000,000 4,000,000 4,000,000 1,000,000 Entwurf zu "Komposition VII" 1913 KANDINSKY, Watercolor and India ink on paper VASSILY 15 % x 17 % inches 1,515,000 2.500.000 2.500.000 985,000 Page 11 of 76 EFTA01204122 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sotheby's Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL RAFFAELLO Head of a Muse SANZIO, Watermark encircled Saint Anthony's cross CALLED Black chalk over pounce marks, traces of stylus RAPHAEL 12 x 8% inches 47,020,045 48,000,000 48,000,000 979,955 Femme nue 1910 PICASSO, Pen and ink and wash on paper PABLO 16 x 11 Vs inches 650,000 1,500,000 1,500,000 850,000 Parade de Saltimbanques Circa 1860.64 DAUMIER, Oil on panel HONORE 9% x 13 inches 1,650,000 2,500,000 2,500,000 850,000 Oiseau Edition 6/6 1968 Bronze MIRO, JOAN 82 % x 63 x 57'A inches 1,100,000 1,850,000 1,850,000 750,000 Panier de /Aches, raisin blanc et noir avec rafraichissoir et verre (Basket of peaches, white and black grapes with wine CHARDIN, cooler and glass) JEAN- Circa 1759 SIMEON Oil on canvas 2,267,783 3,000,000 3,000,000 732,217 La culpa es tuya (C'est de la faute) (It's all your fault) Circa 1803.12 DE GOYA, Gray ink on paper FRANCISCO 9 %x 7 inches 2,778,085 3,500,000 3,500,000 721,915 Autoportrait Circa 1854-55 DEGAS, Black chalk and pencil with stump on paper EDGAR 15 x 11 % inches 300.000 1.000.000 1.000.000 700,000 Page 12 of 76 EFTA01204123 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Portrait of Elie Faure 1922 PICASSO, Pencil on paper PABLO 12 %x 9% inches 800,000 1,500,000 1,500,000 700,000 Christ Crucified Between Two Thieves (The Three Crosses) (Bartsch 78: White/Boon, fourth state of five; Hind 270) Circa 1653.55 With Strasbourg lily watermark (Ash/Fletcher, variant 1.a: Hinterding, variant 1A) REMBRANDT Drypoint with some engraving VAN RIJN 15 x 17% inches 1,517,250 2,200,000 2,200,000 682,750 Selbstbildnis (Self Portrait) 1909 SCHIELE, Watercolor, colored crayon, pencil and gold paint on paper EGON 15 % x 11 % inches 150,000 800,000 800,000 650,000 Glass-top Table and Eight Side Chairs The table: GIACOMETTI, Height: 30 inches DIEGO Diameter: 5 feet 9 inches 900,000 1,500,000 1,500,000 600,000 A Boy with a Blind Woman Circa 1824-25 DE GOYA, Watercolor on ivory FRANCISCO 2% x 2% inches 660,000 1,250,000 1,250,000 590,000 A Prisoner Circa 1824-1825 DE GOYA, Watercolor on ivory FRANCISCO 2% x 2% inches 660.000 1.250.000 1.250.000 590,000 Page 13 of 76 EFTA01204124 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Jeune fille a la mantille (Etude pour L'espagnole aux fleurs) Circa 1919 MATISSE, Charcoal and estompe on paper HENRI 20 % x 16 % inches 416,763 1,000,000 1,000,000 583,238 Baigneuses Circa 1895.1900 CEZANNE, Watercolor on joined paper PAUL 6'/. x 10'/. inches 935,000 1,500,000 1,500,000 565,000 Episode de la Guerre Coloniale: Noir sur un cheval cabre Black chalk and brown ink, watercolor and bodycolor on GERICAULT, blue paper THEODORE 8 1/4 x 10'/. inches 1,438,990 2,000,000 2,000,000 561,010 Apres ('audience 1862-65 Charcoal, pen and ink and watercolor on paper laid down DAUMIER, on paper HONORE 11 x 14 % inches 1,210,000 1,750,000 1,750,000 540,000 ARP, HANS Constellation de quatre formes blanches et d'une noire Constellation (with Four White Forms) 1931 Painted wood, unique 27 % x 33 % inches 487,125 1,000,000 1,000,000 512,875 La nourrice Circa 1882 SEURAT, Conte crayon on paper GEORGES 12 % x 9 % inches 1,012.138 1.500.000 1.500.000 487,863 Page 14 of 76 EFTA01204125 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist AVERY, MILTON MATISSE, HENRI MIRO, JOAN TIEPOLO, GIOVANNI DOMENICO DE GOYA, FRANCISCO CEZANNE, PAUL DE GOYA, FRANCISCO GRIS, JUAN Item Description Early Spring 1944 Oil on canvas 28 x 36 inches Femme se reposant 1935 Pen and India ink on paper 20'/. x 15% inches Composition 1933 Black chalk with collaged postcard and botanical prints on cream laid paper with watermark 24 % x 18 ',4 inches The Firing Squad Circa 1800 Signed lower center Dom. Tiepolo f. Pen and brown ink with brown wash over black chalk 13 % x 18 % inches Los desastres de la guerra 1863 Set of first edition etchings and lithographs Groupe d'arbres Circa 1877-80 Watercolor on paper 18 % x 12'/. inches Los Caprichos 1799 Set of first edition etchings and lithographs Nature mode Dedicated A Mademoiselle Henriette Mano Gage d'Affection Gouache, colored crayon, sand and charcoal on card 18'/: x 12 inches Total Paid (in USD) 125,000 341,000 541,250 1,312,500 579,880 Sothebys Appraised Value (July 2013) 600,000 800,000 1,000,000 450,000 450,000 1,750,000 1,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 600,000 800,000 1,000,000 450,000 450,000 1,750,000 1,000,000 475,000 459,000 458,750 450,000 450,000 437,500 420,120 391,000 800,000 800,000 409,000 Page 1S of 76 EFTA01204126 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist SCHIELE, EGON RICKEY. GEORGE PICASSO, PABLO PICASSO, PABLO WATTEAU, JEAN- ANTOINE INGRES, JEAN- AUGUSTE- DOMINIQUE PICASSO, PABLO Item Description Liegender Weiblicher Akt 1918 Black crayon on paper 11 x 18 1/4 inches Triple L Excentric Gyratory Gyratory 1993 Stainless steel Height: 20 feet Etude pour l'acteur and deux profils de Fernande 1904-05 Signed and dated Picasso 22 June 09 Pencil on paper 19 x 12% inches Le singe et le masque 1954 Pen and brush and ink on paper 9 % x 12 % inches Profile of a Man with a Study of a Hand Circa 1719 Black and red chalks on paper 6 1/2 x 9' inches Raphael and The Fornarina Circa 1860 Oil on canvas 12 1/4 x 10 % inches Tate de taureau 1935 Dated 4 avril )000/ upper right Colored crayons 9 1/4 x 7 % inches Total Paid (in USD) 99,000 1,104,150 360,159 413,875 1,623,750 Sothebys Appraised Value (July 2013) 500,000 400,000 1,500,000 750,000 800,000 2,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 500,000 400,000 1,500,000 750,000 800,000 2,000,000 401,000 400,000 395,850 389,841 386,125 376,250 627,029 1,000,000 1,000,000 372,971 Page 16 of 76 EFTA01204127 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist KLEE, PAUL GELLEE, CLAUDE CALLED LE LORRAIN WIRER. ALBRECHT TANSEY, MARK KELLY, ELLSWORTH REDON, ODILON KELLY, ELLSWORTH Item Description Hexen•scene 1921 Watercolor and gouache and collage on paper laid down by the artist on board Image: 12 x 9 inches An Extensive Landscape 1645-48 Point of the brush on brown wash on paper 8 % x 12 % inches Saint Eustace (Meder 60, b; Bartsch 57; Schoch/Mende/Scherbaum 32) Circa 1501 Engraving 14 % x 10'/. inches Homage to Susan Sontag 1982 Oil on canvas 22 x 36 inches Untitled 2012 Stainless steel and aluminum, painted finish 22 feet 6 inches x 20 inches x 10 feet 9 inches La gloire noyee 1881 Charcoal on paper 18 x 14 1/4 inches Diagonal with Curve XVI 1984 Mahogany 126 x 50 1/4 x 2 1/4 inches Total Paid (in USD) 335,575 893,062 1,143,188 50,000 3,650,750 453,000 Sothebys Appraised Value (July 2013) 700,000 1,250,000 1,500,000 400,000 4,000.000 800.000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 700,000 1,250,000 1,500,000 400.000 4,000,000 800,000 364,425 356,938 356,813 350,000 349,250 347,000 1,665.788 2.000.000 2.000.000 334.213 Page 17 of 76 EFTA01204128 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Taureau et cheval Dated 25.03.1921 upper right, inscribed 2715 on the reverse PICASSO, Pencil on paper PABLO 8 1/4 x 10 % inches 470,271 800,000 800,000 329,729 Pair of torcheres GIACOMETTI, Bronze ALBERTO Height: Approximately 60 inches 300,000 300,000 300,000 VASARI, Untitled GIORGIO Work on paper 300,000 300,000 300,000 Rayons Circa 1884 SEURAT, Conte crayon on paper GEORGES 9 %x 12 % inches 702,049 1,000,000 1,000,000 297,951 Satan dominant le monde 1877 REDON, Charcoal on paper ODILON 14 x 10% inches 161,151 450.000 450.000 288,849 Study for a Seated Prophet Black chalk heightened with white, partially pricked for SIGNORELLI, transfer, unevenly cut to a circle and laid down LUCA 11 %x 8% inches 962,747 1,250,000 1,250,000 287,253 Nicodemus 1616 RUBENS, SIR Black and white chalk on paper PETER PAUL 389 x 225 mm 963,010 1,250,000 1,250,000 286,990 Galatee Circa 1880.85 MOREAU, Watercolor and gouache on paper GUSTAVE 14% x 9% inches 215.930 500.000 500.000 284.070 _ Page 18 of 76 EFTA01204129 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist THIEBAUD, WAYNE GRIS, JUAN DAVIS, STUART RODIN. AUGUSTE KLEE, PAUL DE TOULOUSE- LAUTREC, HENRI PICASSO, PABLO Item Description Pink Swirl 1988 Oil on panel 15 x 12 inches Nature mode au cafetiere 1917 Pencil and charcoal on paper 18 % x 12 % inches Artist in Search of a Model 1931 Gouache on paper 11 x 19 inches The Age of Bronze Stamped Alexis Rudier Bronze with brown and green patina Height: 25'/: inches Konigsburg 1932 Oil on linen in artist's frame 10'/. x 10'/. inches La coiffure 1893 Oil on board 13 % x 10 % inches Arlequin a la guitare 1916 Pencil on paper 12 %x 9''/ inches Total Paid (in USD) 119,075 123,891 74,151 25,000 1,265,000 1,020,420 Sothebys Appraised Value (July 2013) 400,000 400,000 350,000 300,000 1,500,000 1,250,000 774,450 1,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 400,000 400,000 350,000 300,000 1,500,000 1,250,000 280,925 276,109 275,849 275,000 235,000 229,580 1,000,000 225,550 Page 19 of 76 EFTA01204130 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist REDON, ODILON TIEPOLO, GIOVANNI BATTISTA FRAGONARD, JEAN- HONORE LIOTARD, JEAN ETIENNE Item Description Satyre 1877 Charcoal on paper 11 x 9 % inches Christ Calling the Fishermen Circa 1735 Pen and brown ink with brown wash over black chalk 16'/: x 11 % inches Vile d'amour - la fete A Rambouillet Chalk, pastel, watercolor and bodycolor 10',4 x 14 inches JACQUES DE CHAPEAUROUGE (1744 -1805) Pastel on parchment 19 % x 15 % inches Console table with shelf, model with frogs Circa 1980 GIACOMETTI, Bronze with green patina DIEGO 35 x 50 x 15 inches Console table with shelf, model with frogs Circa 1980 GIACOMETTI, Bronze with green patina DIEGO 35 x 50'/. x 15 % inches GIACOMETTI, DIEGO DAVID, JACQUES- LOUIS Console a plateaux, modele aux grenouilles Circa 1984 Bronze 35 x 47 inches Portrait of a Revolutionary in Profile Facing Left Annotated Dessine par Louis David en moins de vingt minutes et sur le genous, dans les prisons des 4 nations, le 3 messidor au 3 dIR, on the reverse Pen and ink on paper Diamerter: 17.6 cm. Total Paid (in USD) 180,000 185,000 2,785,777 789,180 Sothebys Appraised Value (July 2013) 400,000 400,000 3,000,000 1,000,000 200,000 200,000 200,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 400,000 400,000 3,000,000 1,000,000 200,000 200,000 200,000 220,000 215,000 214,223 210,820 200,000 200,000 200,000 200.000 200.000 200,000 Page 20 of 76 EFTA01204131 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Los Proverbios (or Los Disparates) DE GOYA, 1864 Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL FRANCISCO Set of first edition etchings and lithographs 200,000 200,000 200,000 Mohn and Ritterspoon Watercolor on paper NOLDE, EMIL 13'/. x 18 inches 50,000 250,000 250,000 200,000 Marthe sur un divan Circa 1900 BONNARD, Oil on cardboard PIERRE 17 % x 16 % inches 300,000 500,000 500,000 200,000 Chimneypiece GIACOMETTI, Molded plaster DIEGO 41 x 59 x 10 % inches 400,000 600,000 600,000 200,000 God Blessing the Seventh Day Circa 1800.05 Signed with monogram lower left WB inv. and inscribed lower right Genesis Ild. C. 3d v - BLAKE, Pen and brown ink and watercolor WILLIAM 16% x 14 inches 2,316,008 2,500.000 2,500.000 183,992 Black Stallion in a Stable 1822 GERICAULT, Watercolor over pencil on woven paper THEODORE 9'A x 12 % inches 324,750 500,000 500,000 175,250 Table basse aux caryatides Bronze with brown and green patina Height: 17 % inches GIACOMETTI, Width: 28 inches DIEGO Depth: 28 inches 175,000 175,000 175,000 Tigre se lechant la patte Circa 1853.55 DELACROIX, Oil on canvas EUGENE 9 % x 12% inches 225.000 400.000 400.000 175.000 Page 21 of 76 EFTA01204132 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Improvisation 8 1909 Signed and dated Kandinsky 1909 lower center Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL KANDINSKY, Oil on canvas VASSILY 49 1/4 x 28 % inches 27,331,634 27,500,000 27,500,000 168.366 COROT, Le Rageur, Foret de Fontainebleau JEAN- Circa 1830.1835 BAPTISTE- Oil on canvas CAMILLE 20 x 24 inches 686,500 850.000 850.000 163,500 Landing 1988 GORMLEY, Lead, fiberglass and air ANTONY 22 x 87 x 22 inches 98,532 250,000 250,000 151,469 Man, Rocks and Sea Signed Milton Avery and dated 1948 lower left AVERY, Watercolor and pencil on paper MILTON 22% x 30% inches 150,000 150,000 150,000 ROMANO, Untitled GIULIO Work on paper 150.000 150,000 150,000 Femme nue KLIMT, Pencil on paper GUSTAV Sight: 21 % x 14 inches 25,000 175,000 175,000 150,000 Autoportrait 1938 GIACOMETTI, Charcoal on paper ALBERTO 10 %x 8'/. inches 100,000 250,000 250,000 150,000 A Landsknecht Turned to the Left Carrying a Halberd (recto) and Two SCHAUFELEI Studies of Coats of Arms (verso): a double-sided drawing N THE Pen and black and brown ink, watermark high crown ELDER, HANS 10 x 6 inches 354.290 500.000 500.000 145,710 Page 22 of 76 EFTA01204133 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Study for an Allegory of the Rhine River Black and white chalk with extensive stumping, on blue PRUD'HON, paper (faded to ochre) PIERRE-PAUL 23'/a x 16'% inches 462,769 600,000 600,000 137,231 La chute de Phaeton Circa 1891 REDON, Charcoal and black chalk on buff paper ODILON 20'/, x 14'% inches 363,000 500,000 500,000 137,000 Beach Umbrellas 1944 AVERY, Gouache on paper MILTON 22 x 30 inches 17,000 150,000 150,000 133,000 Contraste de formes 1913 LEGER, India ink, wash, and gouache on buff paper FERNAND 16 %x 19 % inches 1,620,833 1,750,000 1,750,000 129,167 Eve a la pomme 1899 MAILLOL, Bronze ARISTIDE Height: 23 inches 75,000 200,000 200,000 125,000 Together and Apart Edition 1/5 1998 GORMLEY, Cast iron ANTONY 74 x 18 % x 12 % inches 79,368 200,000 200,000 120,632 Seeing and Showing 1991/92 GORMLEY. Lead, fiberglass, and air ANTONY 37 % x 35 x 17'/. inches 80,004 200,000 200,000 119,996 Page 23 of 76 EFTA01204134 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL The Fish 1932-33 HARTLEY, Oil on cardboard MARSDEN 15% x 24% inches 80,105 200,000 200,000 119,895 The Entry of Christ into Brussels in 1889 on the Day of Mardi Gras Executed in 1898 ENSOR, Etching, hand•colored with gouache and watercolor JAMES 9 %x 14 % inches 182,278 300,000 300,000 117,722 Junges Paar (S. L52) 1913 Lithograph printed in colors NOLDE, EMIL Approximately 24',4 x 20 inches 233,658 350,000 350,000 116,342 Calla Lillies 1928 HARTLEY. Oil on board MARSDEN 23 % x 19 % inches 140,000 250,000 250,000 110,000 The Confederates Arriving at the Ruth 1778 FUSELI, Brown ink and wash on paper HENRY 10 %x 15'/. inches 92,013 200,000 200,000 107,988 The Sidelong Glance 1912 DAVIS, Watercolor and pencil on paper STUART 15 x 11 inches 20,000 125,000 125,000 105,000 Untitled DAVIS, 1912 STUART Watercolor on paper 20,000 125,000 125,000 105,000 Page 24 of 76 EFTA01204135 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Study for Proposed Mural, United Nations Conference Room 3 1955 DAVIS, Gouache on paper STUART 7 ' x 11 % inches 48,713 150,000 150,000 101,288 Apocalypse, Passion, Life of the Virgin (Meder 127, 259, 316) DORER, Three woodcut sets, complete with title-pages, bound in a ALBRECHT 19th century brown calf binding 1,400,000 1,500,000 1,500,000 100,000 The Temptation of Adam Circa 1570 Signed B Sprangers fecit SPRANGER, Black chalk, pen and brown ink, brown and gray wash BARTHOLOM heightened with white on paper AEUS 9% x 7 inches 251,200 350,000 350,000 98,800 Recto: Studies of Angels and Children's Heads Verso: Studies of Legs and Angels 1576-78 Inscribed At Woodbum sale June1854 on verso in graphite BAROCCI, Black and red chalk on paper FEDERICO 9% x 13'% inches 503,107 600,000 600.000 96,893 Te Faruru Circa 1891-93 GAUGUIN, Charcoal, pen, India ink and wash on paper PAUL 13% x 9% inches 520,200 600,000 600,000 79,800 Drapery Study with the Christ Child Standing on the Madonna's Left Knee Inscribed on the mount Pietro peruchino maestro de Rafaellde urbino No 14/100 and no 5792-100 Metalpoint, with pen and brown ink and fine brush and wash heightened with white on pale cream/pink prepared DI CREDI, paper LORENZO 10 % x 7 % inches 1,175,850 1,250.000 1,250.000 74,150 Page 25 of 76 EFTA01204136 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist INGRES, JEAN- AUGUSTE- DOMINIQUE COROT, JEAN- BAPTISTE- CAMILLE MATISSE, HENRI Item Description Portrait de Monseigneur Gabriel Cortois de Pressigny (1745-1823) 1816 Pencil and watercolor on paper 11 % x 7 % inches Vue de Volterra Black crayon on paper 29.5 x 43.5 cm La danse 1911 Pen and ink on tracing paper Image: 4 % x 6 % inches The Appearance to Joseph Circa 1909 GONCHAROV Signed N. Gontcharova. lower right A, NATALIA Gouache and pencil BOILLY, LOUIS LEOPOLD KLEE, PAUL Etude preparatoire pour "Le jeu d'echecs" Circa 1815 Black crayon on paper 8 % x 13 % inches Gegensatze Abends (Blau and Orange) 1924-25 Signed Klee upper left and indistinctly inscribed top center; dated 1924 25 and titled Gegensatze abends on the artist's mount Watercolor, gouache, pen and ink and pencil on Ingres paper mounted on artist's board Sheet: 8 % x 13'% inches Total Paid (in USD) 179,655 433,000 139,759 Sothebys Appraised Value (July 2013) 250,000 70.000 500,000 62,500 200,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 250,000 70,000 500,000 62,500 200,000 70,345 70,000 67,000 62,500 60,241 1,440,304 1,500,000 1,500,000 59,696 Page 26 of 76 EFTA01204137 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Silver River — Hudson Executed in 2011 Number 1 of 3 in an edition of 3, plus 2 artist's proofs Recycled silver LIN, MAYA 81 x 45% inches 92,331 150,000 150,000 57,669 Chrysanthemum MONDRIAN, Watercolor and gouache on paper PIET 12 x 9 inches 142,890 200.000 200.000 57,110 Acrobat (Back Bend) Edition of five 1950 BECKMANN, Bronze with brown patina MAX Height: 9 % inches 48,000 100,000 100,000 52,000 Lampe-trepied A etoile Designed by Alberto Giacometti for Jean-Michel Frank in 1935-37 and cast by Diego Giacometti at a later date. GIACOMETTI, Bronze with dark brown patina ALBERTO Height: 16 inches 50,000 50,000 50,000 Lampe-trepied 2 etoile Designed by Alberto Giacometti for Jean-Michel Frank in 1935-37 and cast by Diego Giacometti at a later date. GIACOMETTI, Bronze with dark brown patina ALBERTO Height: 16 inches 50,000 50,000 50,000 Kasbek The preparatory study for the drypoint 1923 Signed in pencil, inscribed by an unknown hand Grossman Lithographic crayon on joined, buff transfer paper laid BECKMANN, down on board MAX 19 % x 8% inches 75,000 125.000 125.000 50,000 Page 27 of 76 EFTA01204138 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL KLEE, PAUL KLEE, PAUL Komiker - Inv. 4 (Kornfeld, no. 9) 1904 Etching 5% x 6'/. inches 100,000 150,000 150,000 50,000 Zwei Manner, einander in hoherer Stellung vermutend, begegnen sich - Inv. 6 (Komfeld, no. 7) Circa 1903 Etching 4 'x 8% inches 100,000 150,000 150,000 50,000 Poinsettia (La fleur rouge) REDON, Pastel on paper ODILON 26 % x 19 % inches 200,000 250,000 250,000 50,000 Le penseur 1880 RODIN. Bronze with brown and black patina AUGUSTE Height: 14'/. inches 250,000 300,000 300,000 50,000 L'Amor the mouve it Sole e l'altre Stelle BURNE- Circa 1880.83 JONES, Pencil on three sheets EDWARD 84 x 42 inches 134,437 175,000 175,000 40,563 Hand of a Woman Holding a Cane VON 1883 MENZEL, Carpenter pencil and stumping on paper ADOLPH 7 ' x 4 % inches 20,000 60,000 60,000 40,000 Satre Coeur 1949 BECKMANN, Conte crayon with white heightening on blue paper MAX 23'/. x 17'/. inches 20,000 60,000 60,000 40,000 Studies of a Man Eating from a Bowl VON Circa 1872-74 MENZEL, Black chalk with stumping on paper ADOLPH 9% x 13 inches 30,000 70,000 70,000 40,000 Page 28 of 76 EFTA01204139 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Bacchus et jeune femme nue 1954 PICASSO, Pen and India ink on paper Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL PABLO 9 %x 12'/: inches 86,600 125,000 125,000 38,400 Untitled Executed in 1937 Iron on a steel base SMITH, DAVID 17 x 5 % x 2 inches 462,719 500,000 500,000 37,281 Lampe en forme bougeoir Circa 1960 GIACOMETTI, Bronze with brown and green patina DIEGO Height: 8'/. inches 35,000 35,000 35,000 Lampe en forme bougeoir Circa 1960 GIACOMETTI, Bronze with brown and green patina DIEGO Height: 8'/. inches 35,000 35,000 35,000 La puce 1888 ENSOR, Pencil and charcoal on paper JAMES 8 % x 6 % inches 30,000 60,000 60,000 30,000 Console a plateaux, modele aux grenouilles Circa 1984 GIACOMETTI, Bronze with brown-green patina DIEGO 35 x 47 x 16 inches 170,000 200,000 200,000 30,000 Autoportrait 1944 MATISSE, Pen and ink on paper HENRI 15'/, x 10'/. inches 270,625 300,000 300,000 29,375 Dessin Circa 1898 KHNOPFF, Pencil and black chalk on paper, in artist's frame FERNAND 7 x 3 1/2 inches 74,151 100,000 100,000 25,849 Page 29 of 76 EFTA01204140 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description La defense DAUMIER, Pen and ink and wash on paper Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL HONORE 7 1/2 x 8 1/2 inches 324,750 350,000 350,000 25,250 El guitarrista 1979 BOTERO, Charcoal, graphite and white chalk on calendered paper FERNANDO 16% x 14% inches 10,000 35.000 35,000 25,000 Junges Paar (S.L52) 1913 Signed in pencil and inscribed Vom 8 DR. Dieser Fassung Nr. 4 From the edition of 121 NOLDE, EMIL Lithograph printed in black, purple and orange 150,000 175,000 175,000 25,000 Le cube (L'oeil) REDON, Charcoal on paper ODILON 17 x 11 % inches 325,125 350,000 350,000 24,875 Sujet Allegorigue (David et Goliath) REDON, Charcoal on paper ODILON 18 x 18% inches 476,300 500,000 500,000 23,700 Lady Gold's Escort (From The Yellow Book Vol. III) BEARDSLEY, Circa 1894 AUBREY Pen, brush and India ink on paper VINCENT 11 x 7 inches 46,598 70,000 70,000 23,403 Twisted Roots (Tree study) 1927 HARTLEY, Black crayon and pencil on paper MARSDEN 25'/. x 19 % inches 7,000 30,000 30,000 23,000 The Blind Still Leading the Blind 1996 Glass and silver, in eleven parts QUINN. MARC 290 x 65 x 30 inches 37.897 60.000 60.000 22,103 Page 30 of 76 EFTA01204141 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Cloud Study (recto) and Suffolk Landscape with a Cloudy Sky (verso): a double-sided drawing CONSTABLE, Watercolor over pencil JOHN 4 1/4 x 6 % inches 379,313 400,000 400,000 20,688 The Angel of Death Signed Odilon Redon, lower right REDON, Charcoal on paper ODILON 49.5 x 28 cm. 179,644 200,000 200,000 20,356 Woman and Child DENIS, Conte crayon and pencil on paper MAURICE 8'/. x 6'/. inches 5,000 25,000 25,000 20,000 Portrait du fits de ('artiste (recto) and Scene illustrant un (tit romantique (verso): a double-sided drawing Circa 1875.85 Pencil on paper (recto), and watercolor and pencil on CEZANNE, paper (verso) PAUL 19 % x 12 % inches 783,009 800,000 800,000 16,991 Old Billiard Player (M. 84; B. 19) 1921 BELLOWS, From the edition of 43 GEORGE Lithograph on thin wove paper WESLEY 9 1/4 x 7 1/4 inches 2,500 18,000 18,000 15,500 BARYE. Guerrier tartare arretant son cheval ANTOINE- Bronze LOUIS Height: 13 1/4 inches 10,000 25,000 25,000 15,000 BARYE. Thesee combattant le Centaur Bienor ANTOINE- Bronze LOUIS Height: 12 1/4 inches 10,000 25,000 25,000 15,000 La robe rose Circa 1890 VUILLARD, Oil on board EDOUARD 8 1/4 x 10 % inches 110,000 125.000 125.000 15.000 Page 31 of 76 EFTA01204142 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist BONINGTON, RICHARD PARKES DELACROIX, EUGENE ISABEY, JEAN- BAPTISTE PUVIS DE CHAVANNES, PIERRE NOLDE, EMIL ROUSSEL, KER-XAVIER DOVE, ARTHUR GARFIELD MATISSE, HENRI Item Description Landscape with Harvesters at Sunset 1826 Watercolor with touches of bodycolor and stopping out 5 %x 7'A inches Cavalier mamelouk au galop 1849 Pen and brown ink on paper 13 x 8 1/2 inches Portrait de Talleyrand Charcoal on paper 11 1/4 x 8'/. inches Reclining Female Nude with Drapery Circa 1879 Black and white chalk on papier calque 8 % x 16'/. inches Salamo and Seine Frauen (S.R. 153) 1911 Signed in pencil Printed by Sabo Etching and softground 11 % x 9'/. inches La Ciotat 1906 Conte crayon and pastel on paper 10'/. x 14% inches Untitled V (Centerport) Circa 1940 Watercolor and pen and ink on paper 6 x 9 inches Femme nue debout Circa 1900 Pen and ink on paper 10 x 7 inches Total Paid (in USD) 135,313 161,500 7,000 5,000 4,500 5,000 25,000 Sothebys Appraised Value (July 2013) 150,000 175,000 20,000 17,500 15,000 15,000 35,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 150,000 175,000 20,000 17,500 15,000 15,000 35,000 14,688 13,500 13,000 12,500 10,500 10.000 10.000 60.000 70.000 70.000 10.000 Page 32 of 76 EFTA01204143 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Nature mode aux fruits Still Life with Fruits Circa 1935 BONNARD, Gouache and pencil on cream-colored paper PIERRE 12% x 13 inches 70,000 80,000 80,000 10,000 Melancolia I (Bartsch 74; Meder 75 Ith; Scherbaum 71) 1514 With no watermark DORER, Engraving on laid paper ALBRECHT Plate: 9'% x 7 7/16 inches 790,303 800,000 800,000 9,697 A View in Borrowdale 1806 CONSTABLE, Watercolor and pencil on paper, squared for transfer JOHN 7 x 14% inches 70,363 80,000 80,000 9,638 Spur of Piazetta Shaft, Venice RUSKIN, Pen, ink, pencil and brown washes on paper JOHN Image: 4 x 4% inches 6,504 16.000 16.000 9,496 Les Nympheas avec saule MONET, Aquarelle CLAUDE 9 x 5'/. inches 342,225 350,000 350,000 7,775 Knight, Death and the Devil (Bartsch 98; Meder 74b (of g); Schoch, Mende and Scherbaum 69) DORER, 1513 ALBRECHT Engraving 592,727 600,000 600,000 7,273 Untitled (Jamaican Watercolor) CLEMENTE, 1992 FRANCESCO Watercolor on paper 43,400 50,000 50,000 6,600 Page 33 of 76 EFTA01204144 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Base 1995 GORMLEY, Watercolor on paper ANTONY 7 %x 11 inches 2,653 9,000 9,000 6,347 Home of the Heart IV 1995 GORMLEY, Watercolor on paper ANTONY 7 1/2 x 5 % inches 2,653 9,000 9,000 6,347 Sense 1993 GORMLEY, Watercolor on paper ANTONY 7 'x 11 inches 2,653 9,000 9,000 6,347 Esquisse pour 'Le Mediterranee' Circa 1902 MAILLOL, Sanguine on paper ARISTIDE 9' x 12 % inches 19,000 25,000 25,000 6,000 Striped Drape 1947 AVERY, Blue ink on paper MILTON 14 x 17 inches 2,200 7,500 7,500 5,300 Portrait RICHMOND, 1907 WILLIAM Pencil on paper BLAKE 9%x 8 %inches 12,222 17,500 17,500 5,278 Two Women 1886 BERNARD, Ink on paper EMILE 4 % x 6 % inches 2,000 7,000 7,000 5,000 Page 34 of 76 EFTA01204145 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Turkish Dancers PASCIN, Pencil on paper Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL JULES 17 % x 23 % inches 3,000 8,000 8,000 5,000 Horse and Rider GRAHAM, Black and brown ink and wash on paper JOHN 8'/. x 11 % inches 5,000 10,000 10,000 5,000 BARYE. ANTOINE- Lion-stalking LOUIS Bronze 5,000 10,000 10,000 5,000 Lion qui marche BARYE. Bronze with brown and green patina ANTOINE- Height: 9 % inches LOUIS Length: 16% inches 5,000 10,000 10,000 5,000 Tigre qui marche BARYE. Bronze with brown and green patina ANTOINE- Height: 8'% inches LOUIS Length: 16'% inches 5,000 10,000 10,000 5,000 Oology 1973 Signed with monogram MC and numbered IfOON CHIRINO, Polished bronze MARTIN 11 3/ 4 x 7 %inches 7,000 12,000 12,000 5,000 MAILLOL, Nude Seen from Behind ARISTIDE Charcoal on paper 20,000 25,000 25,000 5,000 Kurt Schwitters: Schriftstellar 1921-22 SCHWITTERS Collage and montage on card , KURT 12'% x 10 inches 220,000 225,000 225,000 5,000 Page 35 of 76 EFTA01204146 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Marius a Mintumes DROUAIS, Circa 1785 JEAN- Black chalk, pen and brown ink, and grey wash on paper GERMAIN 7 % x 9'/. inches 45,325 50,000 50,000 4,675 The Pool-Player (M. 83; B.58) 1921 BELLOWS, From the edition of 43 GEORGE Lithograph on thin wove paper WESLEY 5 %x 10'/. inches 3,500 8,000 8,000 4,500 Paris and Helen Pen and ink with traces of black crayon and grey wash DAVID, annotated by David in the candelabra JACQUES- Amores Hel/nis Paridis annotated on the mount David LOUIS avril 82 459,960 464,230 464,230 4,270 Study for The Horse Fair Circa 1851-52 BONHEUR, Black chalk on off-white wove paper ROSA 10 % x 11 % inches 8,660 12,500 12,500 3,840 Untitled Signed and dated Ilya Bolotowsky/73 lower right; also signed and dated Ilya Bolotowsky 1973 on the reverse BOLOTOWSK Oil on canvas, diamond-shaped Y, ILYA 13'% x 7'% inches 1,500 5,000 5,000 3,500 Head of a Man (L. 8) 1935 Signed in pencil From the edition of 100 AVERY, Drypoint MILTON Sheet: Approximately 18 x 13'/. inches 250 3.500 3.500 3,250 Page 36 of 76 EFTA01204147 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Nemesis (The Great Fortune) (Bartsch 77; Meder 72 Ila (of f); Schoch, Mende and Scherbaum 32) Circa 1501 With high crown watermark (Meder 20) DURER. Engraving ALBRECHT 13 Y. x 9 inches 246,970 250,000 250,000 3,030 Le combat des demons (Diables rossant anges et archanges) (T.23) 1888 Signed in pencil and dated 1888 ENSOR, Etching JAMES Image: 9'/. x 11 % inches 2,000 5,000 5,000 3,000 Femme nue 1919 DERAIN, Sanguine on paper ANDRE 24 % x 18 % inches 2,000 5,000 5,000 3,000 Deux femmes batifolant sur un matelas de plage, No. 285 from 347 Series (B. 1765, Baer 1782) 1968 Signed in pencil, numbered from the edition of 50 PICASSO, Etching PABLO 7% x 12% inches 3,000 6,000 6,000 3,000 Schlangendame (H. 200; GI. 175; G. 172) 1921 Signed and titled in pencil A proof impression dedicated to R.P. (Reinhard Piper) From the total edition of 200 BECKMANN, On pink Japan paper MAX 11 1/4 x 10 1/4 inches 5,000 8,000 8,000 3,000 Page 37 of 76 EFTA01204148 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Nude Meditating 1948 AVERY, Flobrush on paper MILTON 17 x 14 inches 1,200 4,000 4,000 2,800 Barn in Fog 1979 Pastel on paper KAHN, WOLF 15 x 20 inches 1,200 4,000 4,000 2,800 Two Nudes 1947 AVERY, Flobrush on paper MILTON 14 x 17 inches 1,500 4,000 4,000 2,500 Evening Light 1988 Pastel on paper KAHN, WOLF 30 x 40 inches 5,359 7,000 7,000 1,641 Steam Power 1884 Signed and dated bottom right Fr Stuck 84 VON STUCK, Grey wash with white bodycolor on paper FRANZ 11 x 8 inches 6,503 8,000 8,000 1,498 Bautzen VI 1915 Charcoal on buff paper DIX, OTTO 16 % x 13 inches 14,400 15,500 15,500 1,100 In der Trambahn (H. 235: GI. 209: G. 205) 1922 Titled and signed in pencil From the total edition of 150 BECKMANN, Drypoint MAX 11 V. x 17 V. inches 5.000 6.000 6.000 1,000 Page 38 of 76 EFTA01204149 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Woman Walking MARSH, Grey wash on paper REGINALD 11 x 7 % inches 5,000 6,000 6,000 1,000 Vor dem Auftritt (Akrobaten) (H. 289; G. 250) 1923 Number fourteen from the edition of sixty; published by Paul Cassirer, Berlin, 1924 BECKMANN, Lithograph MAX 22 % x 14 1/4 inches 3,150 4,000 4.000 850 The Sun May Shine and We Be Cold ROSSETTI, Circa 1860 DANTE Pen and brown ink on paper GABRIEL 8 x 6'/ inches 34,264 35,000 35,000 736 Three Male Nudes 1861 DELACROIX, Brown ink on buff paper EUGENE 7 Vax 9 V. inches 24,356 25,000 25,000 644 Ardores clandestinos 1995 ELIZONDO, Oil on canvas ARTURO 28 x 44 inches 3,897 4,500 4,500 603 The Towpath 1986 Oil on canvas KAHN, WOLF 60 x 52 inches 34,640 35,000 35,000 360 Self-portrait Head (Second State) (W.C. 160) 1972 Signed in pencil From the edition of 10 Drypoint DINE, JIM Image: 12 x 9 inches 1.200 1.500 1.500 300 Page 39 of 76 EFTA01204150 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist KAHN. WOLF BECKMANN, MAX DELACROIX, EUGENE KLEE, PAUL VUILLARD, EDOUARD RIVERA, DIEGO FUSELI, HENRY Item Description Returning to Harbor (in Martha's Vineyard) 1962 Pastel on paper 11 x 16 % inches Fastnacht (H. 231: GI. 205: G. 201) 1922 Signed in pencil From the total edition of 150 Drypoint 12'/. x9 % inches Rencontre de cavaliers Maures (D.23) 1834 Etching, trimmed to the plate 7 1/4 x 9'/. inches Abenteueriicher Fisch (Komfeld, 1) 1901 Etching 3 ' x 4 % inches Le masseur Pastel on paper 12'/. x 16',4 inches Cabeza de una Tehuana (Retrato de Juchiteca) 1935 Sanguine, charcoal and pastel on paper 13 %x 11 inches A Threatening Head 1770-78 Pen, black ink, and black wash on paper 6 % x 7 % inches Total Paid (in USD) 2,250 5,000 5,000 30,000 30,000 35,000 Sothebys Appraised Value (July 2013) 2,500 5,000 5,000 30,000 30,000 35,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 2,500 5,000 5,000 30,000 30,000 35,000 35,000 35,000 35,000 250 Page 40 of 76 EFTA01204151 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist KIRCHNER, ERNST LUDWIG NOLDE, EMIL TISSOT, JAMES REDON, ODILON Item Description Liegende akt auf dem Sofa 1904 Charcoal on paper 25 % x 35 inches Junges Paar (S.L52) 1913 From the edition of 121 Lithograph printed in black and green 24 % x 19 % inches La soeur ainee Circa 1881 Watercolor and gouache on paper 18 '/s x 10 'A inches Le Cerf Volant 1890 Charcoal on paper 14 '/s x 12 % inches MASTER L. Untitled CZ. Print ROBERT, HUBERT VOUET, SIMON DUTCH AND FLEMISH, 16TH CENTURY Escalier dans les jardins de la villa Famese a Caprarola Signed Robert, lower right Red chalk on paper Sight 13 '/a x 17 % inches Portrait of a Woman with a Veil 1632-35 Black and red chalk 10'/. x 8'A inches Group of prints including examples by Lucas van Leydens and Brueghel Total Paid (in USD) 70,000 90,000 125,000 200,000 350,000 353,943 400,000 Sothebys Appraised Value (July 2013) 70,000 90,000 125,000 200,000 350.000 353,943 400,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 70,000 90,000 125,000 200,000 350.000 353,943 400,000 500,000 500.000 500.000 Page 41 of 76 EFTA01204152 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist EARLY ITALIAN AND SPANISH MULTIPLE ARTISTS DEGAS, EDGAR DORER, ALBRECHT VAN MECKENEM, ISRAHEL MASTER E. S. DUVET. JEAN SCHONGAUE R REMBRANDT VAN RIJN BRANDT, WARREN BRANDT. WARREN BRANDT. WARREN Item Description Group of prints including The Campagnola A Selection of Early German Prints Femme au bain 1879 Signed, dated and inscribed Degas a P. Rossana on the reverse Monotype 7 % x 16 % inches Group of Prints: Woodcuts and Engravings Including St. Jerome Group of Prints Group of 15th Century Prints, Including the initial "M" Group of Prints including the Apocalypse Group of Prints, Including the large Crucifixion Group of six prints including the Six Portrait, 100 Guilder, Jupiter with Antiope, St. Jerome and the Francken portrait Western Union 1964 Mixed media on paper 17 x 24 inches Pink Roses 1976 Oil on canvas 30 x 36 inches Treasure Chest 1974 Oil on canvas 50 x 56 inches Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 500,000 500,000 500,000 650,000 650,000 650,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 3,000,000 3,000,000 3,000,000 3,500,000 3,500,000 3,500,000 4,000,000 4,000,000 4,000,000 8,500,000 8,500,000 8,500,000 2,667 N/A 2,667 10,667 N/A 10,667 16.667 N/A 16.667 Page 42 of 76 EFTA01204153 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist LIN, MAYA VUILLARD, EDOUARD AVERY, MILTON CAMBODIA (OR KORAT - EASTERN THAILAND) CRAW FORD, ELIZABETH DERAKSHANI, REZA DERAKSHANI, REZA DERAKSHANI, REZA DERAKSHANI, REZA Item Description Wire Landscape 2009 Steel wire 47 x 90 x 7 1/2 inches 27,156 N/A 27,156 La mannequin drawn circa 1896-1898, Charcoal on buff paper 9 1/4 x 11 in. 55,000 55,000 Mottled Hills 1962 Oil on Paper 23 x 35 inches 29,227 29,227 Standing Figure of Shiva Cambodia or Korat (Eastern Thailand) Angkor Period Baphuon Style, dated 1044 C.E. Bronze with silver and obsidian inlay Height: 110 cm 7,000,000 7,000,000 The Great Game 1990 Oil on Wood 11 3/8 x 9 3116 inches 920 920 Dark Soil I (from Sand Painting series) 2012 Mixed media on paper 30 x 22 inches 10,875 10,875 Dark Soil II (from Sand Painting series) 2012 Mixed media on paper 30 x 22 inches 10,875 10,875 Dark Soil III (from Sand Painting series) 2012 Mixed media on paper 30 x 22 inches 10,875 10,875 Dark Soil IV (from Sand Painting series) 2012 Mixed media on paper 30 x 22 inches 10.875 10.875 Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL Page 43 of 76 EFTA01204154 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Dark Soil V (from Sand Painting series) 2012 DERAKSHANI, Mixed media on paper REZA 30 x 22 inches 10,875 10,875 Mon Pere mort - My dead father 1887 Pencil and black crayon with white heightening on brown ENSOR, paper JAMES 170 x 226 mm 97,988 97,988 Untitled 1950 India ink and gouache on paper signed and dated lower ERNST, right JIMMY 21 x 17 inches 8,100 8,100 Baoule Mask Masque-heaume 'goli glin' Ivory Coast IVORY Wood COAST Height: 43 inches 1,573,244 1,573,244 Toward Blue Woods 1994 Oil on canvas KAHN, WOLF 14 x 22 inches 4,384 4,384 Late Fall in CT. 1981 Oil on linen KAHN, WOLF 36 x 52 inches 19,017 19,017 Half-Note No. 8 1994 Steel LEE, JENNY 20112 x 4 x 5 inches 3,410 3,410 Studies of male figures in medieval dress for "The Arts of LEIGHTON, Industry as Applied to War FREDERIC Black and white chalks on blue paper LORD 21.6 x 29.2 cm 4,000 4,000 The Virgin with the Rosary on the Crescent Ca. 1450 Engraving MASTER E. S. 7, 7;6,3 cm 190.531 190.531 Page 44 of 76 EFTA01204155 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Etude d'odalisque Sothebys Total Paid (in Appraised Value USD) (July 2013) Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL MATISSE, Pencil on paper HENRI 10 3/4 x 14 3/4 inches 54,125 54,125 Love and Other Crimes 2006 MILLER, Oil on canvas HENRY 83 7/8 x 61 inches 16,256 16,256 Untitled 1939 Oil on paper OPPER, JOHN 15 x 20 inches 12,990 12,990 Untitled 2013 Set of five glass lamps PARDO, Dimensions variable JORGE JP 13/004 117,585 117,585 Big Blue Eclipse 1970 PETERDI, Color etching GABOR 40 x 30 inches 3,458 3,458 Femme assise dans un fauteuil PICASSO, Pencil on paper PABLO 14 1/2 x 10 5/8 inches 721,875 721.875 Etude de personnages 1906 PICASSO, 30 x 23.5 cm PABLO Gouache and watercolor 1,291,000 1.291,000 REDON, ODILON Poemes 2,722 2,722 REDON, ODILON La Tentation de Saint-Antoine 1,573,244 1,573,244 REDON, ODILON Les Fleurs du Mal 1,769,219 1,769,219 Page 45 of 76 EFTA01204156 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist RIBOT, THEODULE AUGUSTIN ROSSETTI, DANTE GABRIEL SAUNDERS. DAVID SCHIELE, EGON SCHWARTZ, ADAM SCHWARTZ, ADAM SERRA, RICHARD SIGNAC, PAUL STRAET, JAN VEN DER, CALLED STRADANUS SZTYBEL, PAMELA Item Description Les eplucheuses de pommes de terre 1872 Pen and black ink with black washes and gum arabic on beige paper 11 1/4 x 14 1/2 inches Sir Lancelot in Queen Guinivere's Chamber c. 1857 Pencil and blue wash 11 x 14 1/2 inches The Afterlife of Things 1994 Oil on incised canvas 33 x 25 inches Self-Portrait 1912 Lithograph 18 x 24 inches Bomb Mill Sculpture Drive Shaft Sculpture Transparency #2, 2012 Executed in 2012 Litho crayon on mylar 30 x 24 inches La Rochelle Disegni Rappresentanti it Purgatorio Di Dante Alighieri and Altri Disegni rappresentanti Alcuni Canti del Paradiso di Dante Alighieri An album of 12 drawn sheets with the respective captions, executed in pen and brown ink with white heightening on reddish and golden-brown prepared parer respectively, in its original binding Little River in France Oil on paper 11 3/4 x 17 1/2 inches Total Paid (in USD) 65,175 150,942 5,400 20,000 6,500 7,000 191,529 42,900 1,525,000 Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 65,175 150,942 5,400 20,000 6,500 7,000 191,529 42.900 1,525,000 3,464 3,464 Page 46 of 76 EFTA01204157 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Rue de Courcelles (Mereville) Sothebys Total Paid (in Appraised Value USD) (July 2013) Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL SZTYBEL, Oil on paper PAMELA 11 3/4 x 15 3/4 inches 4,005 4,005 SZTYBEL, PAMELA Tree in a Field 7,069 7,069 SZTYBEL, PAMELA Untitled 10,331 10,331 Two Ponds (Bridgewater, CT) SZTYBEL, Oil on linen PAMELA 19 x 24 1/2 inches 13,035 13,035 Housatonic II 2008 SZTYBEL, Oil on paper PAMELA 19 1/2 x 25 3/4 inches 15,173 15,173 A few clouds and a dark pond (near Manchester, Vermont) SZTYBEL, Oil on canvas PAMELA 37 3/4 x 50 inches 27,156 27,156 Yellow and Black Colonnade: Ellis Island Series 1984-89 THOMAS, Toned silverprint with oil on wood GWENN 34 x 42 inches 2,632 2,632 Le Mannequin VUILLARD, Charcoal EDOUARD 9 x 11 inches 59,538 59,538 Threshold 1990 WELZ. Plexiglass REBECCA 51 x 80 x 231/2 inches 4,896 4,896 Afar (Memory Door Series) 2007 Silkscreen mounted on carved antique wood door ZHANG HUAN 5 feet 1 inch x 9 feet 61/2 inches x 4 inches 195,075 195,075 Stalled Cairn 1990 ZIMMERMAN, Polished and natural cleft granite ELYN 266 x 123 x 81 inches 80,063 80,063 Page 47 of 76 EFTA01204158 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Espiral 1990 CHIRINO, Lead collage Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL MARTIN 27 1/: x 39 1/: inches 7,307 7,000 7,000 (307) Profil de femme (Profile of a Woman) no date (1930's - 40's) DERAIN, Sanguine on paper ANDRE 12 1/. x 9 1/: inches 5,500 5,000 5,000 (500) Does Your Nose Clog Up Al MARSH, Lithographic crayon on paper REGINALD Image: 5 % x 4 % inches 5,000 4,000 4.000 (1,000) Birds and Sea (L. 60) 1955 An artist's proof, aside from the edition of 20 AVERY, Woodcut printed in blue MILTON 11 1/2 x 27 inches 4,330 2,500 2,500 (1,830) Seven Palms 1956 Signed and dated in pencil AVERY, Colored crayon monotype on paper MILTON 17 1/: x 22 inches 7,000 5,000 5,000 (2,000) Satyr Crowned with Vine Leaves ROMANO, Pen and brown ink with bistre wash GIULIO 27.9 x 19.4 cm 252,514 250,000 250,000 (2,514) Costume Design For A Young Hindu Prince In Le Dieu Bleu Signed in Latin and dated 1911 lower right.; faintly inscribed in Latin top right Gouache and gold paint over pencil on paper laid on board BAKST, LEON Sheet size: 11 x 8 inches 33.983 30.442 30.442 (3,541) Page 48 of 76 EFTA01204159 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Costume Design For The Priest Soma From Le Dieu Bleu Signed in Latin and dated 1911 lower right.; faintly inscribed in Latin top right Gouache and gold paint over pencil on paper laid on board Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL BAKST, LEON Sheet size: 11 x 8 % inches 33,983 30,442 30,442 (3,541) Untitled 1950 CAVALLON, Watercolor on paper GIORGIO 15 %x 23 inches 7,794 4,000 4,000 (3,794) Untitled 1951 CAVALLON, Watercolor on paper GIORGIO 15 % x 22 % inches 7,794 4,000 4,000 (3,794) Untitled 1950 CAVALLON, Watercolor on paper GIORGIO 15% x 22 inches 7,794 4,000 4,000 (3.794) Northern Sky (Everybody's Happy Nowadays) 2002 KURTEN, Oil on canvas STEFAN 56 x 74 inches 15,938 12,000 12,000 (3,938) The Ocean (S./L. A3) 1957 Signed in pencil and numbered XXV/L ERNST, Screenprint in colors AFTER MAX 10 x 14% inches 5,400 500 500 (4,900) The Reading (La Lecture) FRAGONARD, Circa 1780 JEAN- Bistre wash over black chalk HONORE 13% x 17% inches 654,913 650,000 650,000 (4,913) Paysan au pied d'un arbre Circa 1850 BRESDIN, Pen and China ink on paper RODOLPHE 4 %x 3 inches 64.950 60.000 60.000 (4,950) Page 49 of 76 EFTA01204160 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Study for 'Blue Figure in Chair' (Study after Picasso) Circa 1931 GORKY, Charcoal on paper ARSHILE 23 x 17'/. inches 64,950 60,000 60,000 (4,950) Study for 'Blue Figure in Chair' (Study after Picasso) Circa 1931 GORKY, Charcoal on paper ARSHILE 23 x 17'/. inches 64,950 60,000 60,000 (4,950) Cheval Turc BARYE. Bronze with brown and green patina ANTOINE- Height: 11 % inches LOUIS Length: 12 % inches 30,000 25,000 25,000 (5,000) Nu a la baignoire BONNARD, Brown crayon on paper PIERRE 10 x 8% inches 55,000 50,000 50,000 (5,000) Seated Woman on Bench Edition of 9 1953 MOORE. Bronze with green patina HENRY Height: 8% inches 155,000 150,000 150,000 (5,000) Jeune femme a sa toilette Circa 1892 RANSON, Wash and India ink on paper PAUL ELIE 8 x 6% inches 18,000 12,500 12,500 (5,500) ROSSETTI. Studies for the Head of the Farmer in 'Found' DANTE Circa 1870 GABRIEL Pencil, pen and black ink on paper 31,427 25,000 25,000 (6,427) Group of Seven Horses (Bartsch 56; Hollstein 238; Mende 77; Shestack 83) BALDUNG, 1534 HANS Woodcut 186.821 180.000 180.000 (6,821) Page 50 of 76 EFTA01204161 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist MUNCH, EDVARD VON MENZEL, ADOLPH MILLET, JEAN- FRANCOIS BRESDIN, RODOLPHE DIX, OTTO MARIN. JOHN BOURDELLE, EMILE ANTOINE SEURAT, GEORGES Item Description Eifursucht (grosse Fassung) (S. 58; W.69) 1896 Unsigned Printed by Clot Lithograph with tusche, crayon and needle on wove paper 18 1/4 x 22 ',4 inches Christmas Eve Graphite with stumping 8 % x 11 % inches Sleeping Nude Stamped with initials J.F.M. lower left Charcoal stumping on paper 8 x 11 inches Le Bon Samaritain (Neuman 49; Van Gelder 100) 1861 Dated and signed in lower margin Edition OH, with ink inscription Lithograph on chine appliqué (backed) Mary Executed in 1920 Signed and dated 1920 DIX lower right; inscribed Mary upper left Pencil on paper 16% x 13 inches From Crotch Isle, Maine 1922 Watercolor on paper 16 % x 19 % inches Heracles Archer Circa 1909 Plaster Height: 23 inches Arbres et bateaux 1890 Oil on panel 6 x 9 V. inches Total Paid (in USD) 47,500 108,000 283,075 88,568 108,875 60,000 110,000 Sothebys Appraised Value (July 2013) 40,000 100.000 275,000 80,000 100,000 50,000 100,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 40,000 100.000 275,000 80,000 100,000 50,000 100,000 (7,500) (8,000) (8,075) (8,568) (8,875) (10,000) (10,000) 1,760,000 1,750.000 1,750.000 (10,000) Page 51 of 76 EFTA01204162 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist ENSOR, JAMES ENSOR, JAMES ENSOR, JAMES BECKMANN, MAX INGRES, JEAN- AUGUSTE- DOMINIQUE DE SAINT- AUBIN, GABRIEL Item Description La Belgique au XIXe siecle -- Belgium in the XIXth Century (also called Le Roi dindon) (T.81) 1889 Titled, signed, numbered Le roi dindon Epreuve no 6 on the verso in pencil Etching on Japan paper 6 % x 9 % inches Le Combat des pouilleux Desir et Rissole - the Fight of the Down-andouts Desir et Rissole (Combat of the Rascals) (T.19) 1888 Etching and drypoint heightened with gouache and colored pencil on Japan paper 9 1/4 x 11 7/16 inches Les Bains d'Ostende - The Baths at Ostend (T.115) 1899 Titled, signed, dated in pencil below; titled and countersigned on the verso Hand-colored etching on wove paper 8 %x 11 inches Kasbek (H. 281; G. 245) 1923 Signed in pencil and numbered 9/30 Drypoint 19 % x 8'/, inches Gabriel Cortois de Pressigny (Delteil 1 ii/iii) 1816 Etching 12'/. x 8'% inches Victory of Tarquin over the Sabines and Etruscans Pen and ink wash on paper Image: 8'/. x 5'/. inches Sheet: 11 % x 8 1/4 inches Total Paid (in USD) 124,117 124,117 124,117 28,145 16,898 Sothebys Appraised Value (July 2013) 114,000 114,000 114,000 17,500 6,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 114,000 114,000 114,000 17,500 6,000 (10,117) (10,117) (10,117) (10,645) (10,898) 27,156 15,000 15,000 (12,156) Page 52 of 76 EFTA01204163 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description The Four Horsemen (Bartsch 64; Meder 167b) Circa 1496.97 With large imperial orb watermark (Meder 53) DORER, Woodcut Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL ALBRECHT 15% x 11 % inches 373,642 360,000 360,000 (13,642) Tanzerin mit gehobenem Rock (Dube W 141) 1909 KIRCHNER, Signed in pencil ERNST Woodcut LUDWIG 9'/. x 13 inches 103,797 90,000 90,000 (13,797) Two Standing Women LONGHI, Black and white chalk on brown paper PIETRO 8 % x 6 % inches 174,200 160,000 160,000 (14.200) Taubstumme 1921 BECKMANN, Pencil on paper laid down on paper MAX 10 % x 7'/. inches 84,435 70,000 70,000 (14.435) Broomcorn Field (from the Memory Door series) 2008 Silkscreen mounted on carved antique wood door ZHANG HUAN 55'/. x 110 %x 6 inches 195,075 180,000 180,000 (15,075) Handicraftsman (from the Memory Door series) 2007 Silkscreen mounted on carved antique wood door ZHANG HUAN 58% x 125 x 6% inches 195,075 180,000 180,000 (15,075) Stairs (from the Memory Door series) 2007 Silkscreen mounted on carved antique wood door ZHANG HUAN 48 x 116 x 4 1/2 inches 195,075 180,000 180,000 (15,075) Page 53 of 76 EFTA01204164 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist GILLOT, CLAUDE KLEE, PAUL MUNCH, EDVARD JORDAENS, JACOB CHIRINO, MARTIN ENSOR, JAMES BRESDIN, RODOLPHE BRESDIN, RODOLPHE Item Description Celebration en l'honneur du dieu Pan Pen, gouache and red chalk wash, heightened with white 8 1/4 x 12 % inches Der Held mit dem Fl0gel - Invention 2 (K.16) 1905 Signed Etching 10 x 6 1/4 inches Vampyre (S.34; W.41) 1895-1902 Signed in pencil Combination lithograph and woodcut printed in five colors on offwhite Japan paper Study of a Man Seen from Behind Black, red and white chalk on light brown paper 18'/. x 12% inches Cabenza 1995 Forged steel 9 1/4 x 8 1/4 x 7 1/4 inches Mon atelier 1930 Colored pencils on paper 11 1/45x 8 inches A Battle Scene 1857 Pen and China ink with brush and grey wash on paper 5 % x 9 % inches A Lion Hunt 1857 Pen and India ink with brush and grey wash on paper 5 % x 9 % inches Total Paid (in USD) 215,390 115,584 265,776 316,282 25,000 34,100 100,131 Sothebys Appraised Value (July 2013) 200,000 100,000 250,000 300,000 7,000 16,000 80,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 200,000 100,000 250,000 300,000 7,000 16,000 80,000 (15,390) (15,584) (15,776) (16,282) (18,000) (18,100) (20,131) 100.131 80.000 80.000 20,131 Page 54 of 76 EFTA01204165 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description P IAZZETTA, Standing Male Nude (recto), Seated Male Nude (verso) GIAMBATTIST Red chalk, heightened with white Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL A 22 % x 13 % inches 261,300 240,000 240,000 (21,300) Calla and Sommerblumen Circa 1925 Watercolor on rice paper NOLDE, EMIL 13'/. x 18 inches 196,474 175,000 175,000 (21,474) Irises Circa 1895 TWACHTMAN, Pastel on paper JOHN HENRY 17 % x 13% inches 55,000 30,000 30,000 (25,000) Le jeune homme et la mon (Hommage A Chassdriau) Circa 1865 MOREAU, Watercolor on paper GUSTAVE 10 % x 5% inches 275,000 250,000 250,000 (25,000) Kleines Rosenstilleben mit blauem Spiegel 1927 BECKMANN, Oil on canvas MAX 10'/. x 25% inches 325,000 300,000 300,000 (25,000) Caliban 1880 REDON, Charcoal on paper ODILON 18 x 14 % inches 325,125 300,000 300,000 (25,125) Canine Construction 2010 Edition 4 of 4, plus 1 artist's proof GIMHONGSO Bronze K 63% x 92 %x 34 %inches 127,500 100,000 100,000 (27,500) Phedre with Cupid and Pegasus Inscribed in pencil lower right N. Poussin- POUSSIN, Pen and brown ink and brown wash NICOLAS 7% x 10% inches 728,515 700,000 700,000 (28,515) Page 55 of 76 EFTA01204166 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL A Figure Passing in the Horizon, a Gothic Chapel in the Foreground (Dusk) 1837 Pen with black and brown ink wash on paper (bistre on HUGO, paper) VICTOR 8% x 11 inches 154,319 125,000 125,000 (29.319) Artistenkind-Marcella (Dube L. 136, I of II) 1909 KIRCHNER, Signed in pencil ERNST Lithograph LUDWIG 15'/. x 12% inches 80,000 50,000 50,000 (30,000) Coat of Arms with a Skull Executed in 1503. DURER. Engraving on paper ALBRECHT 8% x 6 5/16 inches 368,542 338,500 338,500 (30,042) Caryatid, Frontal View, with Background, Hands Behind her Head 1911 MODIGLIANI, Signed and dated Modigliani 2 Juillet 011 lower right AMEDEO Black crayon 380,188 350,000 350,000 (30,188) The Wise and Foolish Virgins BURNE- 1859 JONES, Pen and ink and gray wash, with scratching out EDWARD 18 x 23% inches 805,600 775,000 775,000 (30,600) Table au couvert dresse May 20, 1944 DUBUFFET, India ink, ink wash, pastel and scratching on paper JEAN 7% x 9% inches 92,012 60,000 60,000 (32,012) Figures in a Landscape 1905 DERAIN, Watercolor on paper ANDRE 19 x 25 inches 433.000 400.000 400.000 (33,000) Page 56 of 76 EFTA01204167 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist BELLOWS, GEORGE WESLEY DONGEN, KEES VAN SERRA, RICHARD GORKY, ARSHILE ALTDORFER, ALBRECHT KLEE, PAUL SERFtA, RICHARD SERFtA, RICHARD Item Description A Stag at Sharkeys (M.46) 1917 Signed, titled and numbered #27 in pencil From the edition of 98 Lithograph on heavy wove paper 18 x 23'/. inches Femme a sa toilette 1899 Pen and ink and wash on rice paper 17'/. x 10% inches Solid No. 13 2008 Paintstick on handmade paper 40 x 40 inches Nighttime, Enigma and Nostalgia Circa 1931-34 Ink and ink wash on paper 23 x 29 inches A Landscape with Two Pine Trees in the Center (B. 70; W. 26: Roll. 88) Circa 1520 Etching Invention 8 - Perseus (Der Witz hat uber das Leid gesiegt) Executed in 1904. Zinc etching on heavy wove paper 5 x 5'A inches (sheet: 16 /2 x 12'/ inches) Solid No. 11 2008 Paintstick on handmade paper 40 x 40 inches Solid No. 3 2007 Paintstick on handmade paper 40 x 40 inches Total Paid (in USD) 133,688 54,000 218,189 163,375 588,621 88,733 218,971 Sothebys Appraised Value (July 2013) 100,000 20.000 180,000 125,000 550,000 50,000 180,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 100,000 20.000 180,000 125,000 550.000 50,000 180,000 (33,688) (34,000) (38,189) (38,375) (38,621) (38.733) (38,971) 218.971 180.000 180.000 (38.971) Page 57 of 76 EFTA01204168 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 ENSOR, JAMES KLEE, PAUL BOURDELLE, EMILE ANTOINE KIRCHNER, ERNST LUDWIG DAVID, JACQUES- LOUIS Artist Item Description Wooded Landscape with Figures Outside a Cottage Circa 1778 Charcoal with grey and black washes, heightened with GAINSBOROU white chalk GH, THOMAS 10 % x 13 % inches Self Portrait 1915 Signed Ensor/1915 lower center Colored wax crayons on paper 9 x 6 inches Greiser Phoenix - Inv. 9 (Kornfeld, 17) 1905 Signed in pencil, dated and inscribed 36 Etching 10 % x 7% inches Penelope Edition of 10 1905 Bronze Height: 16% inches Billiardspieler (D. L290) 1915 Second state of three Lithograph on yellow paper 23 % x 19'% inches The Ghost of Septimus Severus Appearing to Caracalla, After the Murder of His Brother Signed and dated j.l. David inv. et fecit in grey ink lower right Pen, grey and brown ink and grey wash over black chalk with touches of white heightening 9 % x 12 inches Total Paid (in USD) 189,438 489,938 159,941 60,000 110,000 Sothebys Appraised Value (July 2013) 150,000 450,000 120,000 20,000 70,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 150,000 450,000 120,000 20,000 70,000 (39,438) (39,938) (39,941) (40,000) (40,000) 520.200 480,000 480,000 (40,200) Page 58 of 76 EFTA01204169 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Return of the Prodigal Son CARRACCI, Pen and brown ink and brown and gray wash ANNIBALE 15'/. x 10 inches Portrait of a Young Gentleman GREUZE, Black and red chalk and stumping, within brown ink JEAN- framing lines BAPTISTE 14 x 12 inches unarme (vveimicn Anmut) invention no. b (K.12) (Female Charm) Bern, Switzerland Printed by Max Giradet Signed, dated and inscribed PK Bern JulVNov. 04 by the artist in the plate, upper left; inscribed Inv 5 upper right; inscribed Charme (weibl. Anmut) lower left One of four known trial proofs, before the edition of 30 Etching on Velin paper KLEE, PAUL 5'A x 3' inches Segelboat (S.H.37) 1910 Signed in pencil Woodcut NOLDE, EMIL 13 % x 18 % inches BURNE- JONES, EDWARD WATTEAU, JEAN- ANTOINE REMBRANDT VAN RIJN Sir Galahad Circa 1858 Pen and India ink over black lead on joined paper 12 % x 14 % inches Untitled (Cottage) (Landscape after Campagnola) Red chalk on paper 14 % x 15 % inches Landscape with Three Gabled Cottages Beside a Road (8.217) 1650 Etching and drypoint 6 'A x 8 inches Total Paid (in USD) 342,073 456,152 103,431 58,500 243,563 544,375 Sothebys Appraised Value (July 2013) 300,000 413,056 60,000 15.000 200,000 500,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 300,000 413,056 60,000 15.000 200,000 500,000 (42,073) (43,096) (43,431) (43,500) (43,563) (44,375) 544.375 500.000 500.000 (44,375) Page 59 of 76 EFTA01204170 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist BECKMANN, MAX GIACOMETTI, DIEGO ZUCCARO, TADDEO CONSTABLE, JOHN BEARDSLEY, AUBREY VINCENT TOURNAI COROT, JEAN- BAPTISTE- CAMILLE GIACOMETTI, ALBERTO Item Description Selbstbildnis mit Steifem Hut (H.180; GL.157: G.153) 1921 Signed in pencil From the edition of c. 50 on Butten paper, printed circa 1922 Drypoint, fourth (final) state 12%x9'/. %x inches Pair of Lamps Decorated with Owl and Cup Bronze with brown patina Height (without shade): 19 % inches A Bacchic procession with drunken Silenus Inscribed in brown ink Polidoro, on the verso, lower left Pen, brown ink and brown wash 12.3 x 16.4 cm. Cloud Study Oil on board 10 x 14 inches The Achieving of the Sangreal 1892 India ink, wash and pencil on paper 15 % x 12'/. inches Falconry Tapestry Circa 1490 Approximately 6 feet 9 % inches x 8 feet 3 'A inches Rome, La Vasque de la Villa Medici Oil on paper laid down on cradled panel 7 '/a x 11 % inches Lampadaire A la tote de femme Circa 1935.37 Bronze with brown patina Height: 61 inches Total Paid (in USD) 120,000 165,622 222,600 598,813 175,000 300,000 550,000 Sothebys Appraised Value (July 2013) 75,000 120.000 175,000 550,000 125.000 250,000 500,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 75,000 120.000 175,000 550,000 125.000 250,000 500,000 (45,000) (45,622) (47,600) (48,813) (50,000) (50.000) (50.000) 131.662 80.000 80.000 (51,662) Page 60 of 76 EFTA01204171 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist BRUEGEL I, PIETER REMBRANDT VAN RIJN FRIEDRICH, CASPAR DAVID VASARI, GIORGIO REMBRANDT VAN RIJN FRAGONARD, JEAN- HONORE KIRCHNER, ERNST LUDWIG Item Description The Rabbit Hunt Executed in 1560 Watermark: Gothic P Etching laid on paper 8 %x 11 %inches A Vagrant Couple with a Dog Black chalk, pen and brown ink, framing lines, the upper left corner made up 6 % x 5 % inches Das grosse gehege Circa 1824 Oil on canvas 7'A x 11 % inches Christ Giving Saint Peter the Keys (Le Christ donnant les des a Saint Pierre) Pen and brown ink and brown wash over black chalk 11 % x 8% inches The Three Trees (Bartsch 212; White/Boon, only state; Hind 205) 1643 With foolscap watermark with five-pointed collar (Ash/Fletcher 17 A.a) Etching, drypoint and burin 8 %x 11 inches Landscape with a Double Flight of Steps and Eight Figures Bistre wash over black chalk 13 x 18 % inches Kopf Ludwig Schames (D.H 330) 1918 Signed in pencil and inscribed Eigen ruck Woodcut on beige strong Japan paper with full margins Sheet: 23'/. x 16 % inches Total Paid (in USD) 677,344 672,792 1,302,828 588,621 704,438 654,913 Sothebys Appraised Value (July 2013) 625,000 620.000 1,250,000 535,000 650,000 600,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 625,000 620.000 1,250,000 535,000 650,000 600,000 (52,344) (52,792) (52,828) (53,621) (54,438) (54,913) 100,000 40.000 40.000 (60,000) Page 61 of 76 EFTA01204172 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist KHNOPFF, FERNAND BELLOWS, GEORGE WESLEY DAUMIER, HONORE PIRANESI, GIOVANNI BATTISTA KELLY, ELLSWORTH FOSSE, CHARLES DE LA DENIS, MAURICE LONG, RICHARD Item Description De animalite Circa 1886 Pencil, colored chalks and watercolor on paper laid down on paper, in artist's matte 4 ' x 4 inches Dempsey and Firpo (M. 181) 1923-4 From the edition of 103 Lithograph, on cream wove paper 18 x 22 % inches L'amateur d'estampes 1860-2 Pencil and crayon over charcoal on paper 14 1/4 x 11 % inches An Architectural Fantasy with a Colossal Obelisk Circa 1747-50 Pen and brown ink, with brown wash and graphite indications 8 x 10 % inches Brushstrokes Cut into Thirty-five Squares and Arranged by Chance 1951 Ink and collage on paper 4 x 4 % inches A mounted soldier, seen from behind Black, red and white chalk on buff paper 12 % x 8 % inches Jeunes lilies cueillant des fleurs devant la mer Circa 1894 Oil on board 17 % x 14'/. inches Cornish Slate Cross 2007 Delabole slate Total Paid (in USD) 121,781 127,735 315,498 867,000 293,962 429,829 572,400 Sothebys Appraised Value (July 2013) 60,000 65,000 250,000 800,000 225,000 360,000 500,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 60,000 65,000 250,000 800,000 225,000 360,000 500,000 (61,781) (62,735) (65,498) (67,000) (68,962) (69,829) (72,400) 325.125 250.000 250.000 (75.125) Page 62 of 76 EFTA01204173 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist LONG, RICHARD SEURAT, GEORGES INGRES, JEAN- AUGUSTE- DOMINIQUE BOUCHER. FRAKOIS REDON, ODILON DORER, ALBRECHT GERICAULT, THEODORE Item Description Sun Line 2008 Red slate 26 inches x 37 inches x 71 feet 6 inches Cavalier sur une route 1883 Conte crayon 9'A x 12'/. inches Mere et enfant (Esquisse de le Martyre de Saint Symphorien) Circa 1833 Pencil on joined paper, squared for transfer 18 x 8'/. inches Sheet of Studies of a Turbanned Head, a Foot, and Hands Holding a Sword and a Stick Red, black, and white chalk on paper 15 x 11 inches After Edgar A. Poe (Mellerio 37-43) 1882 The complete set of six lithographs and the paper folder in bistre. Lithographs, printed on off-white chine applique on wove paper 17 3/4 12 3/8 inches Saint Anthony Reading Engraving, 1519, without watermark, a superb Meder a impression, with narrow margins, in excellent condition Executed in 1519. Engraving on paper 3% x 5% inches Untitled (Leda and the Swan) Oil on board 39 x 38 cm Total Paid (in USD) 325,125 1,575,214 200,263 847,857 162,375 420,802 Sothebys Appraised Value (July 2013) 250,000 1,500,000 125,000 767,753 80,000 336,500 1,088,750 1,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 250,000 1,500,000 125,000 767,753 80,000 336,500 (75,125) (75,214) (75,263) (80,104) (82,375) (84,302) 1,000.000 (88,750) Page 63 of 76 EFTA01204174 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist SERRA, RICHARD SERRA, RICHARD DORER, ALBRECHT TURNER, R.A., JOSEPH MALLORD WILLIAM KLIMT, GUSTAV MATISSE, HENRI KLEE, PAUL Item Description Conrad 2009 Paintstick on handmade paper 78 % x 78 % inches Olson 2010 Paintstick on handmade paper 78 % x 78 % inches Adam and Eve (Bartsch 1: Meder state Ila of Illd) 1504 With bull's-head watermark (Meder 62) Engraving 9 % x 7% inches Kilgarren Castle, Pembrokeshire Circa 1828 Watercolor 11 % x 16 % inches Reclining Woman with Bent Arms Circa 1916-17 Signed GUSTAV/KLIMT lower right Pencil on chamois simili Japan paper 14 % x 22 inches Autoportrait Circa 1900.05 Brown ink and wash on paper 10 % x 7 % inches Chinesisch II Signed lower right; also signed, dated 1923 and numbered 235 bis on the reverse Oil and ink on board, in artist's frame 12'/. x 8'/. inches Total Paid (in USD) 538,931 538,931 1,192,125 693,875 345,419 270,625 Sothebys Appraised Value (July 2013) 450,000 450,000 1,100,000 600,000 250,000 175,000 1,300,500 1,200,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 450,000 450,000 1,100,000 600,000 250,000 175,000 (88,931) (88,931) (92,125) (93,875) (95,419) (95,625) 1,200,000 (100,500) Page 64 of 76 EFTA01204175 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist DEGAS, EDGAR KLEE, PAUL GROSZ, GEORGE FRA BARTOLOMM EO SERRA, RICHARD WRIGHT OF DERBY, JOSEPH DELACROIX, EUGENE KLIMT, GUSTAV Item Description Danseuse mettant son bas Edition 17/22 Circa 1919.21 Bronze with black patina Height: 16% inches Die Schlange 1929 Oil and mixed media on panel in artist's frame 11 % x 28 % inches L'uomo nuovo Watercolor on paper 17% x 12 inches Studies of Heads: a double-sided drawing Red chalk on paper (recto and verso) 10 % x 7 % inches Transparency #3, 2012 Executed in 2012 Litho crayon on mylar 30 x 24 inches A Grotto in the Gulf of Salerno, Morning and A Grotto in the Gulf of Salerno, Evening Chalk on paper Each: 11 % x 18'A inches Maride juive A Tanger Circa 1833 Watercolor on paper 10 %x 13 % inches Reclining Woman to the Right Circa 1912-13 Signed Gustav/Klimt within an oval, lower right Pencil, red and blue crayon on paper 14 % x 21 % inches Total Paid (in USD) 277,500 1,103,888 1,431,161 2,107,894 193,569 1,408,875 1,115,000 Sothebys Appraised Value (July 2013) 175,000 1,000,000 1,325,000 2,000,000 85.000 1,300,000 1,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 175,000 1,000,000 1,325,000 2,000,000 85.000 1,300,000 1,000,000 (102,500) (103,888) (106,161) (107,894) (108,569) (108,875) (115,000) 570.692 450.000 450.000 (120.692) Page 65 of 76 EFTA01204176 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Recto: Portrait of a Little Couloughi 1846 CHASSERIAU, Graphite on light brown paper Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL THEODORE 25 x 18 inches 249,022 125,000 125,000 (124,022) Superficie bianca 1976 CASTELLANI, Signed and titled on the stretcher ENRICO Tempera on shaped canvas 402,315 275,000 275,000 (127,315) Bei der Toilette (At the Toilette) (H. 261 B; GI. 232; G. 226) 1923 Signed in pencil Edition 9 of 55 BECKMANN, Woodcut MAX 23 % x 17 % inches 150,000 20,000 20,000 (130,000) Alimentation doctrinaire - Doctrinal Nourishment (T.80) and (T.79): a double-sided print 1889 ENSOR, Etching on Japan paper printed on both sides of the sheet JAMES 7 x 9 % inches 248,235 114,000 114,000 (134,235) Jean-Paul Sartre 1949 GIACOMETTI, Pencil on paper ALBERTO 11'/.x8% inches 385,988 250,000 250,000 (135,988) Ariadna I Inscribed with the artist's initials VALDES, Bronze and steel wire MANOLO 161 % x 82 % x 90 % inches 695,050 550,000 550,000 (145,050) A standing figure of a gentleman from the Procession of the Order of the Garter Circa 1660 Numbered in pencil on the backing : 1499 and 879 Black oiled chalk, heightened with white chalk on buff LELY, SIR paper PETER 18 1/4 x 11 % inches 1,794.461 1.648.165 1.648.165 (146,296) Page 66 of 76 EFTA01204177 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist KLEE, PAUL KLEE, PAUL CARPACCIO, VITTORE MILLET, JEAN- FRANCOIS RICKEY, GEORGE REDON, ODILON Item Description Tief-Ebene (Lowlands) 1932 Signed Klee lower left; titled, dated 1932.9 and inscribed S.CI X on the artist's mount Watercolor and wash on paper laid down on the artist's mount 15% x 22 Y. inches Weib and Tier (Kornfeld, no. 3) 1903 Etching 8 %x 11 % inches Study of a Lion circa 1500 Brush and brown wash with white gouache on blue/green Venetian paper 8 %x 11 % inches Cooper Tightening Staves on a Barrel Circa 1848.50 Sanguine crayon on buff paper 16 % x 11 % inches Two Lines Up Excentric - Twelve Feet Inscribed with the artist's signature, dated 1995-96 and numbered 2/3 Stainless steel Overall height: 232 inches Length of each blade: 144 inches Dans le rave (Mellen 21-36): a set of ten 1879 Printed by Lemercier et Cie., Paris, in an edition of 25 Lithographs on off-white chine appliqué on heavy wove paper Varying sizes, the smallest: 22% x 15% inches The largest: 22% x 15% inches Total Paid (in USD) 1,897,564 249,458 1,850,875 286,863 762,125 Sothebys Appraised Value (July 2013) 1,750,000 100,000 1,700,000 125,000 600,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 1,750,000 100,000 1,700,000 125.000 600,000 (147,564) (149,458) (150,875) (161,863) (162,125) 205.675 40.000 40.000 (165,675) Page 67 of 76 EFTA01204178 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist REDON, ODILON SEVERINI, GINO GIACOMETTI, DIEGO GIACOMETTI, DIEGO KLEE, PAUL KANDINSKY, VASSILY MATISSE, HENRI Beatrice 1885 Pastel and pencil on 13 % x 11 % inches L'autobus 1913 Signed and dated G. Charcoal on paper 21 % x 18 % inches Item Description paper mounted on board Severini 1913 lower right Pedestal a I'oiseau Bronze with dark brown and green patina Height: 39 % inches Length: 19'% inches Width: 15'/. inches Pair of Andirons Iron and patinated bronze with traces of gilding Height: 13 % inches Frauenportrait in Rot (Bertha) 1920 Oil on canvas laid down on board in artist's frame 9 % x 7 % inches Above and Left 1925 Signed with monogram and dated 25 lower left Oil on board 27 % x 19 % inches Rendering of the Barnes Mural in Progress 1931 Recto: gouache and pencil on paper Verso: pencil and ink on paper 5 % x 15 % inches Total Paid (in USD) 868,125 1,418,229 324,750 299,898 1,375,000 6,177,375 Sothebys Appraised Value (July 2013) 700,000 1,250,000 150,000 125,000 1,200,000 6,000,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 700,000 1,250,000 150,000 125,000 1,200,000 6,000,000 (168,125) (168,229) (174,750) (174,898) (175,000) (177,375) 2,177.500 2.000.000 2.000.000 (177,500) Page 68 of 76 EFTA01204179 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Weib and Tier - Inv. 1 (Kornfeld, no.13) (Woman and Animal) Signed in pencil, dated and inscribed 13 and Pl. zerstort Etching Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL KLEE, PAUL 7 % x 8 % inches 332,185 150,000 150,000 (182,185) Ash Skull No. 14 2006 Ash on linen ZHANG HUAN 78% x 98'/, inches 346,800 150,000 150,000 (196,800) GIACOMETTI, DIEGO Chandelier 1,449,563 1,250,000 1,250,000 (199,563) Portrait de Madame Peen de Saint-Gilles 1822 PRUD'HON, Oil on canvas PIERRE-PAUL 28 x 23 1/4 inches 453,688 250,000 250,000 (203,688) Nude with Floral All (Large Black) 1988 Signed and dated on the reverse WESSELMAN Enamel on cut-out steel N, TOM 48 x 83 inches 385,000 175,000 175,000 (210,000) WI (In Memoriam) 1938 Signed Klee upper left; signed again numbered, and dated Klee J15 1938 on the stretcher Watercolor, gouache, and plaster on burlap KLEE, PAUL 20 ',4x 17 % inches 2,613,000 2,400,000 2,400,000 (213,000) Bulls of Bordeaux: a group of four (El American, Bullfight, Bravo Toro, Diversion) 1825 DE GOYA, Crayon lithographs FRANCISCO 11 % x 16'/, inches 714,450 500,000 500,000 (214,450) Page 69 of 76 EFTA01204180 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL The Swarm Executed in 1904105 KUBIN, Pencil, ink and wash on paper ALFRED 11% x 15% inches 287,197 70,000 70,000 (217,197) Spunk of the Monk Inscribed with initials and dated 64 on the upper part of the front leg CALDER, Painted steel ALEXANDER 132 x 295 x 166 inches 18,221,250 18,000,000 18,000,000 (221,250) La posada (The tavern or Before the Corrida) Executed 1862 - 63 Watercolor over graphite and white chalk with underdrawing, on tracing paper affixed to a secondary support of buff colored laid rag MANET, paper EDOUARD 9'A x 16 inches 2,994,063 2,750,000 2,750,000 (244,063) Portrait de Schmareck, tanneur A Tanger Stamped ED lower right DELACROIX, Sanguine and black chalk with watercolor EUGENE 10% x 7 inches 800,095 550,000 550,000 (250,095) Homme gothique 1937 Inscribed 0/2 Gonzalez on the base; stamped with foundry mark Valsuani.F on the base GONZALEZ, Bronze with brown patina JULIO Height: 37 inches 3,100,324 2,846,255 2,846,255 (254.069) View of Civitavecchia with a Draughtsman and Figures and View of Santa Marinella with Riders on Horseback: two drawings Pen and brown ink with wash with white heightening on GELLEE, off-white octagonally shaped paper with genuine ink CLAUDE framelines, mounted in full on cardboard CALLED LE Both stamped NH on the reverse LORRAIN 10 % x 13 % inches 2,255.330 2.000.000 2.000.000 (255,330) Page 70 of 76 EFTA01204181 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist MIRO, JOAN HALS, FRANS MATISSE, HENRI INGRES, JEAN- AUGUSTE- DOMINIQUE SCHIELE, EGON INGRES, JEAN- AUGUSTE- DOMINIQUE REDON, ODILON Item Description Pastorale 1924 Signed and dated Mir6/23 -10-24 lower right Pastel, black crayon, India ink and pencil on paper 18'/. x 24'/. inches Portrait of a Man Holding a Book (Portrait d'homme tenant un livre) Signed with the initials FH lower right Oil on canvas 26 x 19'/. inches Femme assise en blouse Roumaine motifs de broderie 1938 Signed and dated Henri Matisse 12/38 lower right Charcoal on paper 26 x 20 inches Portrait presume de Gioacchino Rossini 1819 Pencil on paper 11 x 8'/. inches Seated Nude Violet Stockings Executed in 1910 Gouache, watercolor, and black crayon on paper 17 x 11 % inches Portrait de Mlle. Jeannette Hayard 1815 Pencil on paper 11 x 8'/. inches Bouquet de fleurs 1909 Oil on canvas 31 % x 39 % inches Total Paid (in USD) 1,056,656 5,263,016 3,266,250 768,065 3,375,125 1,100,000 Sothebys Appraised Value (July 2013) 800,000 5,000,000 3,000,000 500,000 3,100,000 800,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 800,000 5,000,000 3,000,000 500,000 3,100,000 800,000 (256,656) (263,016) (266,250) (268,065) (275,125) (300,000) 2,800,000 2,500,000 2,500,000 (300,000) Page 71 of 76 EFTA01204182 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Exotische Flusslandschaft 1922 Signed Watercolor Total Paid (in USD) Sothebys Appraised Value (July 2013) Fair Value (% Ownership) or Cost (if not on Appraisal) Appriasal Value PLEDGED AS Less Total Paid COLLATERAL KLEE, PAUL 10'/. x 7% inches 1,306,054 1,000,000 1,000,000 (306,054) Galerie de tableaux (Les Amateurs de tableaux) Signed h. Daumier lower right DAUMIER, Oil on canvas HONORE 15' x 12% inches 3,810,625 3,500.000 3,500.000 (310,625) Sous-bois and Chapeau et fleurs dans une bouteille: a double-sided work (Undergrowth and hat and flowers in a bottle) 1900-04 CEZANNE, Watercolor, charcoal and pencil on paper PAUL 18' x 12'/. inches 3,320,367 3,000,000 3,000,000 (320,367) Head of a Man, in Three-Quarter-Profile to the Left BALDUNG, Black chalk on light brown paper, the corner tips made up HANS 13 x 18'/. inches 4,022,880 3,700,000 3,700,000 (322,880) Oiseau Lunaire 1945 Signed and dated Miro 45 under the base Olive wood MIRE, JOAN 11 'lax 9 1/2 x 6 % inches 4,191,688 3,850,000 3,850,000 (341,688) TINTORETTO, JACOPO Study of male nude lying on the ground ROBUSTI, Black chalk on blue paper CALLED 8 % x 7 % inches 854,233 500,000 500,000 (354,233) Two Studies of a Bearded Man VAN DYCK, Oil on canvas SIR ANTHONY 18'/. x 25'% inches 7,893.482 7.500.000 7.500.000 (393,482) Page 72 of 76 EFTA01204183 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL La ravaudeuse (Madame Millet) 1853 Conte crayon and gouache on blue-gray paper laid down MILLET, on JEAN- calendared paper FRANcOIS 12 % x 10 % inches 570,833 175,000 175,000 (395,833) Self-Portrait Circa 1893 GAUGUIN, Charcoal and watercolor on paper PAUL 11 '/s x 7 % inches 5,062,688 4,650.000 4,650.000 (412,688) St. John The Evangelist Inscribed in pencil No 41St. Jean par Cigoli 1559 -16131 68, on the backing Pen and dark brown ink and grey wash heightened with CARRACCI, white over black chalk LUDOVICO 39.6 x 22.5 cm. 877,489 460,165 460,165 (417,324) Blue White 1980 KELLY, Oil on canvas ELLSWORTH 112 x 115 inches 2,438,438 2,000,000 2,000,000 (438,438) Wettertannen (D. H 392) 1919 KIRCHNER, Signed and inscribed Eigendruk and Wittend...17...18 ERNST Woodcut printed in colors LUDWIG 24 % x 13 % inches 1,439,992 1,000,000 1,000,000 (439,992) Personnage III (Ningen 3) 1984 Basalt with granite base NOGUCHI, Column: 71 x 14 x 14 inches ISAMU Base: 9 /2 x 21 x 21 inches 2,147,500 1,700,000 1,700,000 (447,500) Le jardin des Lauves: Vue sur Aix et le Cathedrale de Saint Sauveur Circa 1902-06 CEZANNE, Graphite and watercolor on paper PAUL 15 x 21 Y. inches 5,960,625 5,500.000 5,500.000 (460,625) Page 73 of 76 EFTA01204184 FINE ART HELD BY NARROWS/ LDB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist Item Description Huitres Circa 1876 Signed with the initial M lower right MANET, Oil on canvas EDOUARD 15 x 18% inches Airplanes 2008 Ash on linen ZHANG HUAN 98 %x 189 inches COROT, Portrait of Mlle. Jeanne Farochon JEAN- 1863-64 BAPTISTE- Oil on canvas CAMILLE 12 % x 8% inches KLEE, PAUL INGRES, JEAN- AUGUSTE- DOMINIQUE KIEFER, ANSELM DE TOULOUSE- LAUTREC, HENRI Untitled (Was fehlt ihm?) 1930 25% x 17% inches Baronne Charles-Atharase Walckenear, nee Marie- Jeanne-Antoinette- Josephine Mancotte 1825 Signed and inscribed lower right Pencil on paper 12 % x 9'h inches Isis on the Way 1983-92 Oil and emulsion on canvas with lead airplane 74% x 102 % inches Au bal de ropera 1893 Signed and dated HT Lautrec, 93 lower left, signed with monogram upper left Oil, charcoal and gouache on joined paper laid down on panel 30'/: x 9 % inches Total Paid (in USD) 6,502,500 758,625 1,082,500 4,725,220 1,296,630 1,625,625 Sothebys Appraised Value (July 2013) 6,000,000 200,000 500,000 4,000,000 500,000 800,000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 6,000,000 200,000 500,000 4,000,000 500,000 800,000 (502,500) (558,625) (582,500) (725,220) (796,630) (825,625) 10,968.634 10.125.000 10.125.000 (843.634) Page 74 of 76 EFTA01204185 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Artist REMBRANDT VAN RIJN DE GOYA, FRANCISCO PICASSO, PABLO CALDER, ALEXANDER DAVID, JACQUES- LOUIS MARK ROTHKO PICASSO, PABLO Item Description Christ Crucified Between Two Thieves (The Three Crosses) (Bartsch 78; White/Boon, second state of five; Hind 270) Circa 1653 With Strasbourg bend watermark (Ash/Fletcher p. 178, Strasbourg band D.a; Hinterding D. a.a.) Drypoint 15 x 17% inches Bull Held by a Cord 1793 Oil on tin plate 16 % x 12 % inches Tete moustachue Signed and dated Picasso 1911 on the reverse Charcoal on paper 24% x 18% inches (sight) Mobile 1937 Wood, sheet metal, wire and string 8 feet 2 inches x 4 feet 4 inches x 1 % inches Les amours de Paris et Helene Circa 1785 Oil on canvas 14 % x 18 % inches Black, White, Blue Circa 1963 Acrylic on paper laid down on panel 29% x 21 % inches Tete d'homme 1909 Gouache and watercolor on paper 24 x 18',4 inches Total Paid (in USD) 2,384,250 Sothebys Appraised Value (July 2013) 1,400.000 Fair Value (% Ownership) or Cost (if not on Appriasal Value PLEDGED AS Appraisal) Less Total Paid COLLATERAL 1,400.000 (984,250) 13,146,222 12,000,000 12,000,000 (1,146,222) 8,165,625 3,758,125 4,928,028 5,429,315 7,000,000 2,500.000 3,500,000 3,500,000 7,000,000 (1,165,625) 2,500.000 (1,258,125) 3,500,000 (1,428,028) 3,500,000 (1,929,315) 9,103,500 7,000,000 7,000,000 (2,103,500) Page 75 of 76 EFTA01204186 FINE ART HELD BY NARROWS/ LOB ALL WORKS 100% OWNED SCHEDULE OF UNREALIZED MAY 2014 Fair Value (% Sothebys Ownership) or Total Paid (in Appraised Value Cost (if not on Appriasal Value PLEDGED AS Artist Item Description USD) (July 2013) Appraisal) Less Total Paid COLLATERAL Femme assise tenant une quenouille (Clotho la fileuse) PRUD'HON, Charcoal with white heightening on blue paper PIERRE-PAUL 17 3A x 11'/. inches 2,825,052 500,000 500,000 (2,325,052) Cubi II 1962 Stainless steel SMITH, DAVID 130 ',4 x 36 % x 23 % inches 25,770,000 22,000,000 22,000,000 (3,770,000) Portrait de Berthe Morisot 1874 MANET, Oil on canvas EDOUARD 24 x 19 % inches 25,226,302 15.000.000 15.000.000 (10.226.302) Page 76 of 76 EFTA01204187