EFTA01451411.pdf

CNYMXN chart courtesy Nay Gupta (shows relative value in Labour cost between China and Mexico) <2.4736.gif> <7.28A0.gif> Vinit Sahni Managing Director I Global Head - Professional Client Group & Key Client Partners Capital Markets Group Deutsche Asset & Wealth Management 105/108 (Pinners Hall), EC2N lEN London, United Kingdom Tel. Mob Em <7.3418.gif> Any proposed ideas are being delivered to you by the DeAWM Key Client Partners ("KCP") London desk for discussion purposes only, and do not create any legally binding obligation on the part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, characteristics and risks associated with any ideas proposed herein and will be able to evaluate it independently. All trades on proposed ideas shall be subject to the relevant internal approvals prior to execution. From: Jeffrey Epstein <eevacation mail.com> To: Vinit Sahni Cc. Tazia Smit SET MANAG)" Paul Mord ahe Steparnai Date: 13/01/2014 11:50 Subject.Re: PDVSA chart + USDJPY Trade [C] CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 107995 CONFIDENTIAL SDNY_GM_00254179 EFTA01451411