S%CPN-28.5% MXRTRN MD STEP UP NOTE 4/21/14 VS USD 1,000,000.00 902,700.00 ACPN-28.5% MXRTRN MD Best Regards, Janet Young 000,000.000 10/15/13 Janet E. YoungI Vice President - 500 Stanton Christiana Road, Newark DE 19713 T: I F: I Private Bank' J.P. Morgan I NMLS ID # 832072 Alternate contacts: Gina Ma

Please confirm t/d, s/d and amount so that we can match. Units — 2,000,000 Market Value - $1,616,000.00 JPM Euroclear g Thank You! Janet Young Janet E. YoungI Vice President I Private Bank I J.P. Morgan Alternate contacts: Gina Magliocco and Jason Grosse From: Young, Janet E Sent: Monday, December 02, 20

ransferred to Pershing LLC A/C # 2,000,000 PETROLEOS DE VENEZUELA S 5% OCT 28 2015 HELD BY EUROCLEAR ISIN XS0460546525 Thank You! Janet Young Janet E. YoungI Vice President I Private Bank' J.P. Morgan I NMLS ID # - 500 Stanton Christiana Road, Newark DE 19713 T: I F: Alternate contacts: Gina Magliocco

ar # = 92146. Please confirm t/d, s/d and amount so that we can match. Units — 2,000,000 Market Value - $1,616,000.00 Best Regards, Janet Young Janet E. YoungI Vice President I Private Bank' J.P. Morgan I NMLS ID # 832072 - 500 Stanton Christiana Road, Newark DE 19713 T: 800-634-1318 I F: 888-731-66071 jan

to Pershing LLC A/C # N4G-xxx812 2,000,000 PETROLEOS DE VENEZUELA S 5% OCT 28 2015 HELD BY EUROCLEAR ISIN XS0460546525 Thank You! Janet Young Janet E. YoungI Vice President I Private Bank' J.P. Morgan I NMLS ID # 832072 - 500 Stanton Christiana Road, Newark DE 19713 T: EFTA01351257 tacts: Gina Maglioc