575 Lexington Avenue 4th Floor New York, NY 10022 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 i e 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 t is website y registering as a Beneficial owner. Please let us know by 2/29/16 how you would like to proceed. Best, Ari cimage003.gif> Ariane Dwyer Analyst I Key Client Partners - US Deutsche Bail( Securities Inc Deutsche Asset & Wealth Management <image004.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. CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 120516 CONFIDENTIAL SDNY_GM_00266700 EFTA01459813