From: Paul Morris I Sent: 6 23 2014 12:14:13 PM To: Subject: Re: [C] Classification: Confidential Rich, let's catch up next couple days Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York SIY 10154 Office: Cell: From Richard Kahn `1 1' To. Tazia Smithiebtdbcom@DBAMERICAS. Cc' Paul Morreddb/dbcomalDBAMERICAS, Vahe StepaniartidbAbcomeDBAmericas Dkee 06/23/2014 12:12 PM Subleel Re: ICJ thank you for update Richard Kahn HBRK Associates Inc 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cel On Jun 23, 2014, at 12:05 PM, Tazia Smith <a> wrote: Classification: Confidential Hi Rich - Just a heads up since Jeffrey just called to ask and we want to make sure you have the info too - his 4.5mm PDVSA 5% 10/28/15 are trading 96x96.50 As relayed to Jeffrey, this is an As Agent indicative market - our desk that looks for best bids/offers, not a market from DB only. Jeffrey just commented on the good rally, no trade right now (recall he owns them —92.33) Speak Soon! Tazia CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 112565 CONFIDENTIAL SDNY_GM_00258749 EFTA01454456