side in various accounts. Completing these sales would raise about 900k of cash. Our proposal illustrates adding a position in our core MLP manager (Rachlin Group) for 350k for a net equity reduction of $550K a. Staples b. Target c. Vodafone d. BNP e. KIRIN Holdings f. HSBC R. BOC Hong Kong Holdi

side in various accounts. Completing these sales would raise about 900k of cash. Our proposal illustrates adding a position in our core MLP manager (Rachlin Group) for 350k for a net equity reduction of $550K CONFIDENTIAL UBSTERRAMAR00000487 EFTA00236191 a. !supportlistsJ--><!••(endifJ-->Staples b. Isu