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19 AM EDT To: "Richard Kahn ( " < Good Morning Rich, Morgan Stanley is pricing a new issue $25 Par P
ew issue $25 Par Preferred today. Details: $25 Par New Issue Syndicate Offering: Qwest Corporation (CTL) Issuer: Qwest Corporation (Ticker: CTL) Parent Company: CenturyLink Inc. Securities Offered: Senior Notes Expected Ratings: Bal / BBB—/ BBB—(Stable/Stable/Stable) Size: $200mm (8mm $25 par notes)
more volatile, and sell expensively priced (i.e., rich implied volatility) options whose underlying ins
se. Page 3 of 4 CONFI DENTIAL UBSTERFtAMAR00004122 EFTA00239454 FOR EXISTING INVESTOR USE ONLY Disclosure Statement under Rule 506(d) UBS AG (Parent Company) 12. Date of Action: May 20, 2015 Brought By: U.S. Department of Justice (D01), the Board of Governors of the Federal Reserve, Connecticut Departm
more volatile, and sell expensively priced (i.e., rich implied volatility) options whose underlying ins
se. "\.1.172-8-1-8 1 7-M A X ‘,/Wht. Page 3 of 4 CONFIDENTIAL UBSTERRAMAR00002515 EFTA00238071 Disclosure Statement under Rule 506(d) UBS AG (Parent Company) 12. Date of Action: May 20, 2015 Brought By: U.S. Department of Justice (D01), the Board of Governors of the Federal Reserve, Connecticut Departm
more volatile, and sell expensively priced (i.e., rich implied volatility) options whose underlying ins
s person license. - rvi-A ><WVE L L Page 3 of 4 CONFIDENTIAL UBSTERRAMAR00001462 EFTA00237108 Disclosure Statement under Rule 506(d) UBS AG (Parent Company) 12. Date of Action: May 20, 2015 Brought By: U.S. Department of Justice (D01), the Board of Governors of the Federal Reserve, Connecticut Departm
Entities connected to both Marc Rich and Parent Company

Jeffrey Epstein
PERSON
Richard Kahn
PERSONDaphne Wallace
PERSONLeon Black
PERSON
Prince Andrew
PERSON
Martha Stewart
PERSON
Ghislaine Maxwell
PERSON
George Mitchell
PERSON
Donald Trump
PERSON
Joe Biden
PERSON
Alfredo Rodriguez
PERSON
United States
LOCATION
Bill Clinton
PERSON
JPMorgan Chase
ORGANIZATION
Julie K. Brown
PERSONMartin Weinberg
PERSON
Michael Cohen
PERSON
John Brennan
PERSON
Samantha Power
PERSON
New York
LOCATION