2% 27% 25% IBM US EQUITY -4% -1% 18% 19% T US EQUITY 0% 10% 18% 14% VZ US EQUITY 11% 24% 35% 18% ORCL US EQUITY 9% 34% 18% 21% QCOM US EQUITY 17% 30% 47% 18% CSCO US EQUITY 9% 15% 8% 24% V US EQUITY 46% 133% 223% 23% CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-012

2% 27% 25% IBM US EQUITY -4% -1% 18% 19% T US EQUITY 0% 10% 18% 14% VZ US EQUITY 11% 24% 35% 18% ORCL US EQUITY 9% 34% 18% 21% QCOM US EQUITY 17% 30% 47% 18% CSCO US EQUITY 9% 15% 8% 24% V US EQUITY 46% 133% 223% 23% Compared to most of its components, XLK has relatively low im