Epstein Secrets

01470191 Commodity on July 25, 2013 was 105.49. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg, L.P. The historical prices of the Reference Commodity should not be taken as an indication of future performance, and no assurance can be given as to th

of the five Final Averaging Dates), with each Closing Value used to determine the Commodity Performance as published by the NYMEX and displayed on Bloomberg under the symbol —CL1II on the relevant date of determination. For additional information about WTI Crude, please see the information set forth un

HE GUARANTOR FILE FOR BANKRUPTCY OR ARE OTHERWISE UNABLE TO PAY OUR OR ITS DEBT OBLIGATIONS. Payment at Maturity IISubject to the Issuer's and the Guarantor's credit risk, on the Maturity Date, for each $1,000 Notional Amount of Notes that you hold, you will receive the Redemption Amount, which will eq

b) "One Month LIBOR" means the rate appearing on Bloomberg BBA LIBOR USD 1 Month page (or on any successor

Lender: (a) Within 120 days after each December 31, a financial statement of the Guarantor prepared by the Guarantor, including a statement of the Guarantor's cash flow. (b) Within 150 days of each June 30th, the financial statements of PPL, audited by a firm of chartered accountants. 1.3 Change of O

Crude 01. West Texas Intermediate ('WTI Crude) (Bloomberg Ticker CL1 <Comdly>) Relevant Exchange: New York

HE GUARANTOR FILE FOR BANKRUPTCY OR ARE OTHERWISE UNABLE TO PAY OUR OR ITS DEBT OBLIGATIONS. Payment at Maturity • Subject lo the Issue's and the Guarantor's credit risk. on Ihn Maturity Date, for each $1.000 Notional Amount of Notes that you hold, you will recewo the Redemption Amount, whet will equal:

of the five Final Averaging Dates), with each Closing Value used to determine the Commodity Performance as published by the NYMEX and displayed on Bloomberg under the symbol "CL1' on the relevant date of determination. For additional information about WTI Crude, please see the information set forth under

the return of any portion of your initial investment in the Notes on the Maturity Date and do not pay any interest. Subject to the Issuer's and the Guarantor's credit risk (ability to pay), payment at maturity is linked to the performance of the Reference Commodity indicated on the cover page of this Pric