: 6.2704 / 6.4585 Call spread costs 39.2% lesser than the vanilla ATMF call Max payout of 4.1m for premium of lm (quite acceptable) Kind regards, Apurva (Embedded image moved to file: pic02982.gif) Apurva Gupta Associate I Key Client Partners Capital Markets Group Deutsche CIB Centre Private Limit

rris • it Aqeel [a; Vahe Stepanian Vinit Sahni Subject: Re: ICI Attachments: pic03093.gif; pic13608.gif Classification: Confidential Thanks Apurva - those levels are in line w what I priced last night. Nam was right in that despite Jeffrey's request for a renminbi call at —40bps , which is inl

: 6.2704 / 6.4585 Call spread costs 39.2% lesser than the vanilla ATMF call Max payout of 4.1m for premium of lm (quite acceptable) Kind regards, Apurva (Embedded image moved to file: pic03093.gif) Apurva Gupta Associate I Key client Partners capital Markets Group Deutsche CIB Centre Private Limit

ne JE is currently in... thanks! IDS From: IUzair ameel/db/dbcomODDEmEa To: ITazia smith/db/dbcomedbamericas, Cc: INav Supta/db/dbcomedbemea, Apurva cupta/db/dbcomOdbapac, Paul Morris/db/dbcomildbamericas, vinit sahni/db/dbcomOdbemea I Date: 108/11/2014 06:19 PM I subject: I IRe: [C] CONFID