EFTA Document EFTA01451467

From: Valuations System Sent: 1/17/2014 5:40:38 PM To: ;RniandaKirby ;GedeonPinedo ; Joseph Cothron Paul Morris ; Tazia Smith ~ ; Vahe Stepanian Subject: Valuation Statement for SOUTHERN FINANCIAL, LLC as at 17 Jan 2014 - Request 182298 Attachments: 182298_20140117_20140121_1.pdf;182298_20140117_20140121_1tsv Dear Sir/Madam, Please find attached the valuation as of the value date specified in the attached statement. For queries please contact the number provided on the statement. Kind regards, Deutsche Sank Group customer valuations Group This is an automated email account. Please do not reply to this email as the account is not monitored. valuations are sent to you subject to our valuation Disclosure statement. we also direct you to the following additional disclosures: In reference to the provision of valuations for daily marks: http://cbs.db.con/new/docs/Daily_Mark_Methodologies_and_Rssumptions_Disclosure_MOrch_28_2013_(2).pdf In reference to the provision of portfolio data and dispute resolution under EMIR: http://cbs.db.con/new/docs/Valuation_Statement_-_EMIR_Language_1309.pdf 182298_20140117_20140121_1 52297141 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 108085 CONFIDENTIAL SDNY_GM_00254269 EFTA01451467