JORGE LUIS ORBAY & MARIA MARGARITA TREMOLS Josiko Properties LLC Juergen and Meifang Buchsteiner JWM Family Enterprises, Inc Karlin Las Palmas Subsidiary, LLC KIFENOR SA KLAUS NEHRING Lenton Properties Inc Lepow, How

Subject: RE: Deutsche Jes, In NYC at Deutsche's Investor Conference it was already obvious that this w=uld happen soon. I feel sorry for Anshu and Juergen, but investors and the=r own board of directors had after their AGM lost confidence and started t=e search process 3 weeks ago. John was Paul's pre

«, + r W.., Inc. is waged income; income from employment. Realistically I would expect this to be a stable distribution, very much on the lines of Juergen's arguments. (http://arxiv.org/abs/cond-mat/0204234) Pim is the small profit taken by the employing organisation. Modelled as previous model. Con,