On Feb 24, 2016, at 2:53 PM, Ariane Dwyer < • wrote: Hi Rich, I am emailing regarding a voluntary offer for Southern Financial. LBG is offering to purchase any and all of the LBG Capital No 1 PLC 144A notes per the below details. Recall Southern Financial holds 1,200,000 of the notes, position details also below. <image001.jpg> <image002.jpg> If you have any questions please reach out directly to the Tender Agent, Lucid Issuer Services, at (they are based in the UK). Additionally you can access the offer documentation on this website htte://lucid-is.comilboecn/ by registering as a Beneficial owner. Please let us know by 2/29/16 how you would like to proceed. Best, Ari <image003.gif> Ariane Dwyer Analyst I Key Client Partners • US Deutsche Bank Securities Inc Deutsche Asset 8 Wealth Plana ement cimage004.gif> This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 120478 CONFIDENTIAL SDNY_GM_00266662 EFTA01459797