From: Sent: To: ]; Joseph Cothron I Paul Morris ; Tazia Smith I ; Vahe Stepanian Subject: Valuation Statement for SOUTHERN FINANCIAL, LLC as at 17 Jul 2014 - Request 182298 Attachments: Valuations System 7/17/2014 9:51:43 PM Amanda Kirby Dear Sir/Madam, ; Gedeon Pinedo 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 Bank 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: In reference to the provision of portfolio data and dispute resolution under EMIR: 182298_20140717_20140718_1 61582519 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0113101 CONFIDENTIAL SDNY_GM_00259285 EFTA01454763