EFTA Document EFTA01459820

We will follow up with separate emails for (1) GE Bond and (2) JPYKRW. DB's bid for your Brazil CDS protection is 445bps p.a. This equals an unwind fee payment by DB of $1,256,044. Recall you paid 491,941 to enter the trade. Original unofficial trade details: BraSov default swap with SOUTHERN FINANCIAL LLC DB Sells default protection on FEDERATIVE REPUBLIC OF BRAZIL NOTIONAL TRADE DATE IM% EFFECTIVE TERMINATION REF OB CREDIT EVENTS ISDA Definition PRICE UPFRONT FEE STANDARD TRADE