Epstein Secrets

DSI. Some of the foreign securities stated on this report are not disclosed according to the Financial Instruments and Exchange Law of Japan. Malaysia: Deutsche Bank AG and/or its affiliate(s) may maintain positions in the securities referred to herein and may from time to time offer those securit

turn (including dividends) of -10% or worse over a 12-month period Deutsche Bank Securities Inc. 100 200 300 400 500 600 0 Buy Hold Sell Companies Covered Cos. w/ Banking Relationship North American Universe 50 % 58 % 44 % 2 %33 % 48 % Page 5 Security Price EFTA01473344 6 May 2015 Oil & Gas Explorat

DSI. Some of the foreign securities stated on this report are not disclosed according to the Financial Instruments and Exchange Law of Japan. Malaysia: Deutsche Bank AG and/or its affiliate(s) may maintain positions in the securities referred to herein and may from time to time offer those securit

y, Target Price Change USD50.00 Equity rating dispersion and banking relationships 100 200 300 400 500 600 EFTA01473399 0 Buy Hold Sell Companies Covered Cos. w/ Banking Relationship North American Universe 50 % 58 % 44 % 2 %37 % 48 % Jun 14 Sep 14 Dec 14 Mar 15 Buy Hold Sell Not Rated Suspended

preciated 28 India — range bound until post-election outlook clearer 29 Indonesia — first stress test since 1997; equities expensive 31 Malaysia — low-beta but fundamentally without merit 33 Thailand — tempting only to a tactical contrarian 34 Philippines — superior fundamentals more

return (including Equity rating dispersion and banking relationships 1000 1200 1400 1600 200 400 600 800 0 EFTA01466494 Buy Hold Sell Companies Covered Cos. w/ Banking Relationship Global Universe 45 % 40 % 48 % 34 % 6 % 22 % Page 48 Deutsche Bank AG/London EFTA01466495