Epstein Secrets

Deutsche Bank. These trading and investment ideas are not necessarily consistent with trading and investment ideas provided by other persons within Deutsche Bank Securities Inc. or with the views of the Research Department of Deutsche Bank. This is not an offer, recommendation or solicitation to buy or sell, nor is it an o

f Japan and the US now moves to the strength of 3Q data. As this is confirmed, we will be watching for the continued August trend of weaker JPY vs. USD1 — Forecast: Year end forecast for JPY is Y112. Spot JPY trades at Y106.2085 — Risks: Yen appreciation against the dollar, downside to Japanese equi

016 -0.20 -0.20 FY EPS (USD) -0.70 -0.66 -0.78 PIE (x) Sam Deaschr Sat • irciuclos the wrpact of rasurfa new.; tro oponewq al twit 0P.n. Deutsche Bank Securities Inc. The views expressed above accurately reflect the personal views of the authors about the subject companies and its(their) securities. The authors h

ating Company Date Buy Cobalt International 19 December 2013 North America Energy Alert Forecast Change United States Price at 18 Dec 2013 (USD1 15.66 Industrials 0 E N OE UN NYS Price Target 25.00 Oil & Gas Exploration & 52-week range 30.20- 15.33 Production One Last Lump of Coal

-13.1 86 Reported EPS 276 497 349 337 392 477 •nnual growth f%1 232 80.2 -297 -36 163 218 Source. Company obta. astaCh. Ba k enmeter Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0110487 SDNY_GM_00256671 EFTA01453079

Page 2 Racal year end 31•Dac 2010 2011 2012 2013 2014E 2015E Financi.21 Surninari DB EPS (USO) 276 285 3 74 342 392 477 Reponid EPS (USD1 278 4 97 349 337 391 477 DPS 6/SDI 000 000 0.03 000 000 000 EIVPSIUSD) -27.27 shdandon kIntric: -10.05 -21.03 -1500 -11.14 -671