TCREUR_Public/120507.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

                           E U R O P E

               Monday, May 7, 2012, Vol. 13, No. 90

                            Headlines



C R O A T I A

ZAGREBACKA BANKA: Fitch Affirms Viability Rating at 'BB+'


D E N M A R K

CIMBER STERLING: Flybe in Talks to Take Over Domestic Routes


G E R M A N Y

UNITYMEDIA GMBH: Moody's Confirms 'B1' Corporate Family Rating


G R E E C E

* HELLENIC REPUBLIC: S&P Raises Sovereign Credit Ratings to 'CCC'


I R E L A N D

DA VINCI: Fitch Affirms Rating on EUR7.7-Mil. Notes at 'Dsf'
EIRCOM GROUP: Hutchison Whampoa Revises Takeover Bid
EUROMAX V: S&P Cuts Rating on Class A4 Notes to 'CCC-'; Off Watch
FLEET STREET: S&P Affirms 'CCC-' Rating on Class D Notes


I T A L Y

FONDIARIA-SAI: S&P Keeps 'B' Counterparty Rating on Watch Neg.
UNIPOL BANCA: S&P Keeps 'BB' Counterparty Rating on Watch Neg.


L A T V I A

* LATVIA: S&P Raises Sovereign Credit Ratings From 'BB+/B'


N E T H E R L A N D S

FAXTOR ABS 2005-1: S&P Cuts Rating on Class A-3 Notes to 'B-'
HALCYON 2006-II: S&P Raises Rating on Class D Notes to 'BB'
* NETHERLANDS: Construction Sector Bankruptcies Increase to 367


R U S S I A

RUSSIAN STANDARD: Fitch Affirms 'B+' LT Issuer Default Rating
TRANSCREDITBANK: Moody's Corrects April 27 Ratings Release
* VOLGOGRAD REGION: Fitch Assigns 'BB-' Local Currency Rating
* REPUBLIC OF KHAKASSIA: Fitch Affirms BB- Issuer Default Rating


S W I T Z E R L A N D

SCHMOLZ + BICKENBACH: S&P Assigns 'B+' Corporate Credit Rating


T U R K E Y

EXPORT CREDIT: S&P Affirms 'BB/B' Issuer Credit Ratings


U N I T E D   K I N G D O M

ALTE LIEBE: S&P Reinstates 'B-' Rating on EUR102MM Senior Notes
BATTERSEA POWER: Chelsea Football Among 10 Bidders
THOMAS COOK: Agrees to New Financing Package
WORLDSPREADS GROUP: Clients May Not Recover 65% of Claims


X X X X X X X X

* BOND PRICING: For the Week April 30 to May 4, 2012


                            *********


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C R O A T I A
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ZAGREBACKA BANKA: Fitch Affirms Viability Rating at 'BB+'
---------------------------------------------------------
Fitch Ratings has affirmed Zagrebacka Banka d.d.'s (ZABA) Long-
term Issuer Default Rating (IDR) at 'BBB+' with a Negative
Outlook.  Fitch has also affirmed Privredna Banka Zagreb d.d.'s
(PB), Erste and Steiermarkische Banka d.d's (ESB) and Societe
Generale - Splitska Banka d.d.'s (Splitska) Support Ratings at
'2'.

ZABA's IDRs are based on the still high probability of potential
support from its ultimate shareholder, UniCredit S.p.A. (UC; 'A-
'/Negative).  In Fitch's view, if needed, support for ZABA would
primarily come from UC via UniCredit Bank Austria AG (Bank
Austria, 'A'/Stable, which owns 84.47% of ZABA).

ZABA's Long-term IDR shares the Negative Outlook on UC's Long-
term IDR, and could be downgraded if UC's Long-term IDR is
downgraded.  A downgrade of Croatia's Long-Term IDRs ('BBB-
'/Negative) could also result in a downgrade of the 'BBB+'
Country Ceiling, potentially also driving a downgrade of ZABA's
Long-term IDR.

ZABA's 'bb+' Viability Rating (VR) is supported by its leading
franchise in Croatia, its adequate performance despite the
recessionary environment in Croatia -- which has resulted in high
loan loss provisions and low revenue growth -- and its sound
capitalisation.  Its VR also reflects the ongoing deterioration
in asset quality that in Fitch's view is going to continue given
the weak outlook for Croatia's economy.

ZABA's performance metrics continued to improve in 2011 as cost
containment measures together with higher net interest income as
a result of increased lending resulted in moderate growth of
operating income.  In Fitch's view, however, profitability will
be challenged by higher funding costs owing to limited access to
external funding, lower demand for loans because of the high
unemployment rate and reduced disposable income, and reduced
liquidity in the corporate sector in the recessionary
environment.

ZABA's asset quality further deteriorated in 2011, and impaired
loans reached 9.7% of total gross loans at end-2011.  This was
less than the banking sector average of 12.4%. However, Fitch
expects the deterioration to continue due to the weak economy.
Similar to other banks in the domestic banking system, the loan
portfolio is 73% denominated in foreign currency or foreign
currency linked, exposing the bank to credit-related market risk
if HRK sharply depreciates.

While ZABA's liquidity is adequate, Fitch considers its
loan/deposit ratio at 125% to represent a significant dependence
on wholesale funding.  However, ZABA has taken a decision to grow
its loan portfolio only to the extent that deposit growth allows.
Funding from the parent continued to be significant at 25% of
total liabilities at end-2011.  Capitalization remained sound,
with a Fitch core capital ratio of 26% at end-2011.

PB's, ESB's and Splitska's Support Ratings are based on potential
support from the banks' shareholders, each of whom has a
strategic interest in the central and eastern European region
(CEE).  ESB and Splitska's Support Ratings are constrained by
Croatia's Country Ceiling.

In Fitch's opinion, each of the parent banks remain committed to
the CEE region, although they are adopting a more prudent and
selective approach to growth and in some cases taking measures to
make subsidiaries more self-sufficient in terms of funding.  PB
is 76.6% owned by Intesa Sanpaolo ('A-'/Negative), ESB is 100%
owned by Erste Group Bank AG ('A'/Stable) and SB is 100% owned by
Societe Generale ('A+'/Negative).  The Croatian banking sector is
concentrated and PB, ESB and Splitska are the second, third and
sixth largest banks in the country by total assets with market
shares of 17%, 14% and 7% at end-2011, respectively.

The banks' Support Ratings could be downgraded in case of a
multi-notch downgrade of the parent banks' Long-term IDRs,
indicating a reduced ability to support the subsidiaries, which
Fitch does not expect.  A multi-notch downgrade of Croatia's
sovereign ratings could also cause the Support Ratings to be
downgraded.

The Croatian economy expanded by only 0.2% in 2011 after
contracting for two consecutive years, following the global
economic downturn.  For 2012, Fitch forecasts a GDP contraction
of 1% followed by 1.2% growth in 2013.  The prolonged stagnation
of the economy has adversely affected the banking system.
Croatian banks' asset quality remained weak and impaired loans
reached 12.4% of total gross loans at end-2011.  Fitch expects
the deterioration to continue in 2012 and negatively impact
profitability through higher loan loss provisions, coupled with
some pressure on margins as a result of higher funding costs.
The most negatively impacted sectors have been construction and
real estate, while mortgage loans and loans to the government
have performed better.

The high level of foreign currency lending (75%) represents a
significant risk, although the Croatian National Bank has been
able to limit exchange rate fluctuations through the crisis to
date.  Croatian banks are funded through parent banks as well as
customer deposits, with a sector loans/deposits ratio of 137%.
Fitch expects funding to become more expensive in 2012 due to
limitations for additional funding from parent banks and the high
competition for customer deposits.  The capitalization of
Croatian banks is sound, with a Tier 1 ratio capital adequacy for
the system of 17.5% at end-2011, although this partly reflects
the moderate coverage of impaired loans at 41%.

The rating actions for ZABA are as follows:

  -- Long-term IDR: affirmed at 'BBB+', with Negative Outlook
  -- Short-term IDR: affirmed at 'F2'
  -- Viability Rating: affirmed at 'bb+'
  -- Support Rating: affirmed at '2'


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D E N M A R K
=============


CIMBER STERLING: Flybe in Talks to Take Over Domestic Routes
------------------------------------------------------------
According to Bloomberg News' Peter Levring, Jyllands-Posten
reported on Saturday that British airline Flybe Group Plc is in
talks to take over a number of domestic routes from Cimber
Sterling A/S, which declared bankruptcy May 3.

The paper, citing Mike Rutter, director of FlyBe Nordic, a Nordic
subsidiary of Devon, U.K.-based FlyBe, said that the British
regional carrier is interested in operating all domestic Danish
routes as well as a number of Nordic ones previously managed by
Cimber Sterling, Bloomberg relates.

As reported by the Troubled Company Reporter-Europe on May 4,
2012, Deutsche Presse-Agentur related that Cimber Sterling filed
for bankruptcy, cancelling all its flights with immediate effect.
The company management, as cited by DPA, said in a statement that
the owners had "decided not to support the company financially
any longer."

Cimber Sterling is a Danish budget airline.


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G E R M A N Y
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UNITYMEDIA GMBH: Moody's Confirms 'B1' Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service confirmed the B1 corporate family
rating (CFR) and probability-of-default rating (PDR) of
Unitymedia GmbH following the successful conclusion of the
'Unitymedia Exchange Transaction'. The rating outlook is stable.

The following debt instrument ratings have been upgraded:

- EUR735 million and US$459 million senior secured notes due
2019, and EUR396 million of senior secured floating rate notes
due 2018, now at Unitymedia NRW GmbH and Unitymedia Hessen GmbH &
Co KG (previously at Kabel BW GmbH): to Ba3 (from B1)

- EUR1.43 billion and US$845 million of senior secured notes due
2017 at Unitymedia NRW GmbH and Unitymedia Hessen GmbH & Co KG:
to Ba3 (from B1)

- EUR618 million of senior notes due 2021 now at Unitymedia GmbH
(previously at UPC Germany HoldCo 1 GmbH): to B3 (from Caa1)

Moody's has also confirmed the B3 rating for the EUR665 million
of senior notes due 2019 at Unitymedia GmbH.

Moody's will withdraw the B2 CFR and PDR at Kabel BW Musketeer
GmbH ('Musketeer'; originally the parent company of KBW) once the
notes that have been not exchanged as part of the Unitymedia
Exchange Transaction' are redeemed, which is expected on
May 4, 2012. Until then the existing ratings on the remaining
outstanding notes at Kabel BW GmbH and UPC Germany HoldCo 1 GmbH
will remain under review for upgrade for pure technical reasons.

Unitymedia is an indirect subsidiary of Liberty Global Inc.
('LGI'; rated Ba3/ Stable).


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G R E E C E
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* HELLENIC REPUBLIC: S&P Raises Sovereign Credit Ratings to 'CCC'
-----------------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term local and
foreign currency sovereign credit ratings on the Hellenic
Republic (Greece) to 'CCC' from 'SD' (selective default).
Standard & Poor's also raised its short-term foreign and local
currency sovereign credit ratings on Greece to 'C' from 'SD'. The
outlook on the long-term rating is stable.

The rating action reflects the completion on April 25, 2012, of
Greece's distressed debt exchange in respect of its non-Greek-law
governed bonds.

"Standard & Poor's criteria defines emergence from a sovereign
default (short of resuming payment on the defaulted instrument)
as the successful completion of an exchange offer, even if
nonparticipating creditor debt remains unpaid. As a consequence,
we are withdrawing the issue ratings on the bonds tendered in the
exchange. Untendered bonds will remain with a 'D' rating until
the next principal payment debt of May 15, 2012, at which point
they will be raised to the sovereign rating, if paid, or left at
'D' if unpaid," S&P said.

"Under Standard & Poor's criteria, the 'D' credit ratings of a
sovereign government emerging from default are replaced by new
ratings reflecting our revised view of that sovereign's
creditworthiness," S&P said.

"While the exchange has, in our view, alleviated near-term
funding pressures, Greece's sovereign debt burden remains high.
To place its financial position on a sustainable footing, the
government has been implementing a significant deficit reduction
strategy in the context of the extended IMF Stand-By Arrangement,
with substantial financial support from members of the European
Economic and Monetary Union. Besides reducing the deficit, Greece
has undertaken commercial debt restructuring to reduce its
overall debt burden," S&P said.

"The fiscal consolidation underway is largely premised on tax
hikes and improved tax collection, an extensive privatization
program, and wholesale cuts in government spending. We believe
this adjustment has implementation risks given the likely further
contraction of the sovereign's GDP this year and next, which will
likely result in persistent social pressures. The adjustment in
our view will be particularly challenging after the upcoming May
6 parliamentary elections. Moreover, additional, albeit yet
unspecified, deficit-reducing measures are likely to further
exacerbate popular discontent with Greece's budgetary
consolidation strategy," S&P said.

"The 'CCC' rating on Greece reflects our view of the recent
reduction in government debt following the restructuring, the
reduction in debt servicing costs as a result of the exchange,
and the increased average maturity of the central government debt
stock," S&P said. It also reflects S&P's view of the significant
stresses on Greece's creditworthiness, including:

  * "Uncertain economic growth prospects. Following a 6.9%
    contraction in GDP in 2011 in real terms, we expect the
    recession to continue in 2012 as GDP shrinks by around 5%,
    reflecting contracting domestic demand and negative credit
    growth. We expect the economic recovery to take place in the
    medium term if the planned structural reforms are fully
    implemented, while fiscal contraction eases and investment
    appetite gradually recovers," S&P said.

  * "Weakening political consensus for ambitious and largely
    unpopular reforms. Greece faces sizable implementation risks
    to the ambitious fiscal consolidation targets under its
    second financial assistance program," S&P said.

  * "Greece's large, albeit narrowing, external deficit. Despite
    a severe and prolonged economic recession, Greece's current
    account deficit (CAD) to GDP ratio has narrowed only
    moderately to 9.8% of GDP in 2011 from its peak in 2008 of
    14.9% of GDP, reflecting structural weaknesses in the Greek
    economy. During the first two months of 2012, despite rising
    oil prices, the CAD narrowed further on the back of a
    substantial decline in the non-oil trade deficit, implying a
    full-year 2012 CAD of below 6% of GDP. During 2012, the
    deficit has largely been financed by net EU transfers to the
    general government," S&P said.

  * At an estimated 52% of GDP (EUR107.3 billion) as of end-
    February 2012, the Bank of Greece Target2 balance with the
    ECB remains at elevated levels, signifying the Greek
    financial sector's continued dependency on official sector
    funding.

  * "A high government debt burden, even following completion of
    the exchange resulting in the new bonds' increased average
    maturity and the reduction in Greece's debt service costs. We
    expect government debt to range between 160% and 170% of GDP
    in the period 2012-2015, depending on Greece's compliance
    with the EU/IMF financial program targets. These targets
    depend on Greece's underlying GDP growth as well as its
    ability to generate privatization revenues," S&P said.

The rating on Greece is supported by S&P's view of:

  * A relatively high level of income per capita. At $26,700 at
    the end of 2011, GDP per capita is high among its peers, even
    though consecutive years of recession have resulted in a
    significant decline from above $30,000 in 2008.

  * The supportive financial sector policy, as reflected in
    stability measures. Despite severe macrofinancial challenges
    faced by domestic financial sector institutions, these
    measures have limited the stress on domestic depositary
    confidence including during the period of debt restructuring.

"Our recovery rating of '4' for Greece remains unchanged,
indicating an estimated 30%-50% recovery by bondholders," S&P
said.

"The stable outlook balances our view of the government's stated
commitment to improving its fiscal track record and effecting a
material fiscal adjustment, against the economic and political
challenges of doing so. We could raise our long-term rating on
Greece if the new government takes tangible steps to comply with
the EU/IMF program, thus restoring predictability in its
policymaking efforts, as well as contributing to a sustained
economic recovery," S&P said.

The ratings could be lowered if we believe that there is a
likelihood of a distressed exchange on Greece's remaining stock
of commercial debt.


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I R E L A N D
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DA VINCI: Fitch Affirms Rating on EUR7.7-Mil. Notes at 'Dsf'
------------------------------------------------------------
Fitch Ratings has maintained Da Vinci Synthetic plc's class A and
B notes Rating on Watch Negative (RWN) and affirmed the class C
notes, as follows:

  -- EUR25.9m Class A floating-rate notes: 'B-sf'; maintained on
     RWN

  -- EUR20.8m Class B floating-rate notes: 'CCCsf'; maintained on
     RWN

  -- EUR7.7m Class C floating-rate notes: affirmed at 'Dsf';
     Recovery Estimate 0%

The notes were originally placed on RWN following American
Airlines' announcement that it has filed for bankruptcy
protection under Chapter 11 of the US bankruptcy code in 2011.
As of the last servicer report in March 2012, no credit event has
been called on American Airlines and the transaction's exposure
to American Airlines was US$7.9 million (equivalent to EUR6.35
million at the transaction specific exchange rate).  The
reference obligation amount related to American Airlines is
reduced from US$8.9 million as of September 2011.  Should this
exposure further reduce, prior to any credit event being called,
this would likely result in the affirmation of the Class A notes.

The transaction is a synthetic securitization of a portfolio of
financial leases and loans secured on aircrafts and associated
aircraft collateral.  Merrill Lynch International Bank (MLI)
entered into a credit default swap (CDS) with Intesa Sanpaolo
(IntesaSP) under which it sells protection on a reference
portfolio of up to US$650 million.  All financial leases or loan
obligations (the reference portfolio) relate to the financing or
refinancing of aircrafts.

Under the terms and conditions of the CDS documentation,
bankruptcy of an airline constitutes a credit event if the
reference claims do not continue to be serviced by the relevant
airline or the reference obligations become accelerated.  Under
the CDS, Intesa SP has a period of 180 days from when it becomes
aware that a credit event has occurred to issue a credit event
notice.  Upon delivery of the credit event notice, IntesaSP has a
maximum of one year to deliver the required certifications to the
seller of the CDS counterparty to prove that the credit event is
eligible for payment.  In such event, it would trigger the loss
determination mechanism, and the ultimate loss for the
transaction will depend on the value realised from the respective
aircrafts.  American Airlines' reference claims related to two
MD-83 aircraft, which Fitch expects to have limited recovery
value. Hence if a credit event notice is served, Fitch expects
the class C notes to suffer a loss of approximately EUR7m.

The agency will continue to monitor this transaction, the airline
sector and the market value of aircrafts and take rating action
on the notes as appropriate.  The agency will review the
transaction as soon as new information with regards to the course
of action taken by IntesaSP made available to the agency allows
for a detailed and differentiated reassessment of the
transaction's performance.


EIRCOM GROUP: Hutchison Whampoa Revises Takeover Bid
----------------------------------------------------
Joe Brennan at Bloomberg News reports that billionaire Li
Ka-shing's Hutchison Whampoa Ltd. (13) made a bid of about
EUR2 billion (US$2.6 billion) for Eircom Group, which is in
supervised credit protection.

According to Bloomberg, people with knowledge of the matter said
that the cash offer by Hutchison's Three Ireland unit was
rejected by the country's court-appointed examiner because there
were too many conditions attached.  They said that Three Ireland
is working on a revised bid, Bloomberg notes.

Eircom filed for the Irish equivalent of bankruptcy protection on
March 30 with EUR3.8 billion of net debt, the biggest corporate
insolvency in the nation's history, Bloomberg recounts.

"Eircom is undergoing restructuring, so the company may be
purchased at a discounted price," Bloomberg quotes Lam Ka Kei,
who rates Hutchison buy at Redford Asset Management Ltd. in Hong
Kong, as saying.  "For Hutchison, price is the all-important
thing in any deal.  There are many companies in Europe that face
financial issues, so there are opportunities for Hutchison."

The two people said that Goldman Sachs Group Inc. is advising
Hutchison, Bloomberg notes.  Morgan Stanley is Eircom's adviser,
Bloomberg discloses.

Eircom's examiner last month set an April 23 deadline for
indicative investment proposals, with a May 7 deadline for final
proposals, Bloomberg recounts.

Eircom said April 30 that the examiner, Michael McAteer of Grant
Thornton, rejected a conditional non-binding offer for the
company, Bloomberg relates.

McAteer didn't name the bidder, Bloomberg notes.

"No new offer has been received by the examiner," Bloomberg
quotes McAteer as saying by phone on Friday.

Headquartered in Dublin, Ireland, Eircom Group --
http://www.eircom.ie/-- is an Irish telecommunications company,
and former state-owned incumbent.  It is currently the largest
telecommunications operator in the Republic of Ireland and
operates primarily on the island of Ireland, with a point of
presence in Great Britain.


EUROMAX V: S&P Cuts Rating on Class A4 Notes to 'CCC-'; Off Watch
-----------------------------------------------------------------
Standard & Poor's Ratings Services lowered and removed from
CreditWatch negative its credit ratings on EUROMAX V ABS PLC's
class A1, A2, A3, and A4 notes. "At the same time, we have
affirmed and removed from CreditWatch negative our rating on the
class X notes," S&P said.

EUROMAX V ABS is a cash flow mezzanine structured finance
collateralized debt obligation (CDO) of a portfolio that
comprises predominantly mortgage-backed securities.

"On March 19, 2012, we placed on CreditWatch negative all of our
ratings in the transaction, following the implementation of our
updated criteria for CDOs of asset-backed securities (ABS)," S&P
said.

"The rating actions follow our assessment of the transaction's
performance. We used data from the trustee report (dated March
12, 2012), performed our credit and cash flow analysis, and took
into account recent transaction developments. We have applied our
2010 counterparty criteria and our cash flow CDO criteria," S&P
said.

"From our analysis, we have observed that all par value coverage
tests are currently below the trigger levels for all classes of
notes. Additionally, the portfolio credit quality has
deteriorated since our previous review of the transaction," S&P
said.

"We have also observed an increase in the proportion of assets
that we consider to be defaulted (rated 'CC', 'C', 'SD' [selected
default], or 'D') since our previous review," S&P said.

"We have subjected the capital structure to our cash flow
analysis, applying the methodology and assumptions in our updated
CDOs of ABS criteria to determine the break-even default rate
(BDR) for each rated class of notes at each rating level. We used
the reported portfolio balance that we considered to be
performing (rated 'CCC' or above), the principal cash balance,
the current weighted-average spread, and the weighted-average
recovery rates that we considered to be appropriate. We
incorporated various cash flow stress scenarios using various
default patterns, levels, and timings for each liability rating
category, in conjunction with different interest rate stress
scenarios," S&P said.

"At the same time, we conducted a credit analysis, applying our
updated CDOs of ABS criteria to determine the scenario default
rate (SDR) at each rating level, which we then compared with its
respective BDR," S&P said.

"Taking into account our credit and cash flow analysis, we
consider the credit enhancement available to the class A1, A2,
A3, and A4 notes in this transaction to be commensurate with
lower ratings than we previously assigned. As a result of these
developments, we have lowered and removed from CreditWatch
negative our ratings on these classes of notes. We have also
affirmed and removed from CreditWatch negative our rating on the
class X notes because this class of notes benefits from a fixed
amortization schedule that ranks pari passu with interest on the
class A1 notes, and hence is able to withstand stresses at its
current 'AAA' rating level," S&P said.

"We have analyzed the derivative counterparties' exposure to the
transaction, and concluded that the derivative exposure is
currently sufficiently limited, so as not to affect our ratings
in this transaction," S&P said.

          STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

        http://standardandpoorsdisclosure-17g7.com

RATINGS LIST

Class              Rating
            To                 From

EUROMAX V ABS PLC
EUR320 Million Floating-Rate Notes

X           AAA (sf)           AAA (sf)/Watch Neg
A1          BB- (sf)           A- (sf)/Watch Neg
A2          B+ (sf)            BBB+ (sf)/Watch Neg
A3          B- (sf)            BB+ (sf)/Watch Neg
A4          CCC- (sf)          B (sf)/Watch Neg


FLEET STREET: S&P Affirms 'CCC-' Rating on Class D Notes
--------------------------------------------------------
Standard & Poor's Ratings Services raised its credit rating on
Fleet Street Finance Two PLC's class A notes. "At the same time,
we affirmed our ratings on the class B, C, and D notes," S&P
said.

"The rating actions follow our review of the underlying loan's
credit quality, and the application of our counterparty criteria.
Our review indicates that the risk of principal losses in the
transaction has decreased but that the class B, C, and D notes
remain exposed to potential interest shortfalls," S&P said.

"Fleet Street Finance Two is a European commercial mortgage-
backed securities (CMBS) true-sale transaction that closed in
October 2006. It is backed by a single loan secured against a
Karstadt sale-and-leaseback portfolio comprising mostly
department stores across Germany. The outstanding loan balance
has reduced to EUR660.2 million (from EUR1,192.0 million at
closing) as a result of prepayments following property sales, and
of quarterly scheduled amortizations. There is a subordinated
mezzanine loan outside the transaction. The rights between the
issuer and the junior lenders are regulated by an intercreditor
agreement," S&P said.

"The key tenant, Karstadt Warenhaus GmbH (Karstadt), filed for
insolvency in 2009. Following that, the borrower proposed a
restructuring of the transaction. In 2010, the noteholders and
mezzanine lenders agreed to this proposal. Key elements of the
restructuring plan included extending the loan's maturity date to
2014, and the notes' legal final maturity date to 2017--on the
condition that all the property income and sales proceeds are
used to service interest and principal on the securitized loan.
The restructured transaction includes liquidity support for the
class A notes during the extended period after 2014. However, it
does not include liquidity for the class B, C, or D notes in that
period," S&P said.

"Our ratings address timely payment of interest under the notes
until their legal maturity date (July 2017). They do not address
timely payment of the subordinated excess spread, if any, which
is now being paid to the noteholders," S&P said.

"Although we viewed the completion of Karstadt's restructuring as
a favorable credit factor, we consider that the transaction
continues to be significantly exposed to inherent risks within
single-tenanted portfolios. Absent any new information that could
lead us to reconsider our view on the key tenant's
creditworthiness, we continue to assume that Karstadt may again
experience financial difficulties. Our analysis of loan
creditworthiness therefore considers our view on the likely level
of recoveries that could be available to the issuer following
Karstadt's insolvency," S&P said.

                       THE SECURITIZED LOAN

Following the 2010 transaction restructuring, the mezzanine
lenders stopped receiving interest and principal on the mezzanine
loan. The entire property cash flow is now used to service and
amortize the securitized loan until full repayment.

The securitized loan pays floating-rate interest. However, the
borrower has entered into interest-rate cap arrangements to cover
100% of the securitized loan amount against interest-rate
fluctuations until loan maturity.

Given the loan deleveraging and current low interest rates, the
reported interest coverage ratio has significantly increased to
6.71x as of April 2012 from 2.39x at closing. The servicer
reports a loan-to-value ratio of 57.97% as of April 2012, based
on an October 2010 valuation.

                       THE LOAN COLLATERAL

The securitized loan is now backed by 52 properties, down from
109 at closing. Most of the remaining properties are department
stores across Germany, operated by Karstadt. The top 10
properties account for about 67% of the remaining portfolio by
market value.

Subsequent to the 2010 restructuring, the borrower sold 44
properties (in all, 57 properties have been sold since closing).
The sales proceeds were used to amortize the securitized loan.

"Most of the sold properties were not what we consider to be core
assets. Nonetheless, we note that since the restructuring, the
borrower has sold properties at an average price of 98% higher
than the 2009 valuation, which was based on the assumption that
the properties were fully vacant on sale," S&P said.

                     COUNTERPARTY RISK

"Under our counterparty criteria, the maximum rating achievable
for this transaction cannot exceed our long-term rating on the
issuer's liquidity facility provider, Lloyds TSB Bank PLC
(A/Stable/A-1)," S&P said.

                        RATING ACTIONS

"Given the loan's deleveraging, we consider that the risk of
principal losses has decreased. However, the structure does not
provide liquidity support for the class B, C, and D notes during
the extended period. Therefore, these classes of notes remain
exposed to interest shortfalls, in our view. As a consequence, we
have affirmed our ratings on these notes at speculative-grade
levels," S&P said.

"Although the class A notes benefit from liquidity support that
seeks to ensure timely payment of interest until 2017, our rating
on this class of notes remains constrained at 'A (sf)' by our
rating on the liquidity facility provider," S&P said.

Absent liquidity risks and counterparty constrains, all of the
notes could have achieved higher ratings.

          POTENTIAL EFFECTS OF PROPOSED CRITERIA CHANGES

"We have taken 's rating actions based on our criteria for rating
European commercial mortgage-backed securities (CMBS). However,
these criteria are under review," S&P said.

"As highlighted in the Nov. 8 Advance Notice of Proposed Criteria
Change, we expect to publish a request for comment (RFC)
outlining our proposed criteria changes for rating European CMBS
transactions. Subsequently, we will consider market feedback
before publishing our updated criteria. Our review may result in
changes to the methodology and assumptions we use when rating
European CMBS, and consequently, it may affect both new and
outstanding ratings on European CMBS transactions," S&P said.

"Until such time that we adopt new criteria for rating European
CMBS, we will continue to rate and surveil these transactions
using our existing criteria," S&P said.

          STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

        http://standardandpoorsdisclosure-17g7.com

RATINGS LIST

Class            Rating
            To            From

Fleet Street Finance Two PLC
EUR1.192 Billion Commercial Mortgage-Backed Floating-Rate Notes

Rating Raised

A           A (sf)        BBB (sf)

Ratings Affirmed

B           BB (sf)
C           CCC (sf)
D           CCC- (sf)


=========
I T A L Y
=========


FONDIARIA-SAI: S&P Keeps 'B' Counterparty Rating on Watch Neg.
--------------------------------------------------------------
Standard & Poor's Ratings Services maintained its CreditWatch
with developing implications on the 'B' long-term counterparty
credit and financial strength ratings on Italy-based composite
insurer Fondiaria-SAI Spa, its core subsidiary Milano
Assicurazioni Spa, and its 'nonstrategically important'
subsidiary SIAT-Societa Italiana Assicurazioni e Riassicurazioni
pa (SIAT). The ratings were initially placed on CreditWatch
developing on Dec. 29, 2011.

"We are maintaining the CreditWatch developing because the merger
is still subject to shareholder and regulatory approvals, and the
relevant capital issues have not yet been executed. In our
opinion, the suspension required by the Italian Antitrust
Authority further increases the risk of regulatory intervention
if the merger and integration plans do not go ahead," S&P said.

"We understand the merger and integration plan between Fondiaria-
SAI group and Unipol group contemplates three major steps: 1) a
capital issue of EUR400 million by Premafin HP dedicated to UGF;
2) two capital issues of EUR1.1 billion each by Fondiaria-SAI Spa
and UGF; and 3) the merger of Unipol Assicurazioni Spa
(BBB+/Watch Neg/--), Fondiaria-SAI Spa, Milano Assicurazioni Spa,
and Premafin HP (Fondiaria-SAI Spa's holding company)," S&P said.

"We think it would be very difficult for Fondiaria-SAI to raise
capital other than through this integration plan. The EUR1.1
billion capital issue alone would allow Fondiaria-SAI group to
restore its level of capital above the minimum regulatory
requirement. However, according to Standard & Poor's capital
model, even taking into account the EUR1.1 billion capital
increase, Fondiaria-SAI would continue to show a material capital
deficiency at the 'BBB' level, while its financial flexibility
would remain significantly impaired," S&P said.

"We believe the merger and integration plan would transform
Fondiaria-SAI group's current weak capital adequacy and financial
flexibility, which would be materially strengthened. However, in
our opinion there would be little capacity for the new group to
absorb potential extraordinary costs resulting from a sizable and
challenging integration in a difficult macroeconomic and
financial environment," S&P said.

Standard & Poor's aims to resolve or update the CreditWatch
placement within the next three months based on regulatory and
shareholder developments.

"We could raise the ratings up to the 'BBB' range if the merger
and integration plan is executed as planned," S&P said.

"Conversely, we could lower the ratings if the plan is not
executed as this would increase the risk of regulatory
intervention," S&P said.


UNIPOL BANCA: S&P Keeps 'BB' Counterparty Rating on Watch Neg.
--------------------------------------------------------------
Standard & Poor's Ratings Services maintained its CreditWatch
with negative implications on the 'BB' long-term counterparty
credit ratings on Italian bank Unipol Banca SpA, where they were
initially placed on Dec. 7, 2011. "In addition, we affirmed the
'B' short-term rating," S&P said.

"We are keeping the long-term rating on Unipol Banca on
CreditWatch negative following a similar action on its, parent
Italian insurance holding company Unipol Gruppo Finanziario SpA
(UGF; BBB-/Watch Neg/--), and core operating subsidiary Unipol
Assicurazioni SpA (Unipol; BBB+/Watch Neg/--), together
referred to as Unipol group," S&P said.

"Under our group rating methodology we consider Unipol Banca to
be a 'strategically important' subsidiary of its parent, Unipol
group. In our view, Unipol group is strongly committed to
financially supporting the bank, as demonstrated by its capital
injections and guarantee scheme for nonperforming loans (NPLs).
We consequently factor into the long-term rating on Unipol Banca
three notches of uplift above its stand-alone credit profile
(SACP), reflecting our view that the parent would provide
additional support if needed," S&P said.

"On April 26, 2012, the Italian Antitrust Authority suspended
Unipol group's merger with Fondiaria-SAI group (Fondiaria-SAI,
core operating entities rated B/Watch Dev/--) and Premafin HP
(Fondiaria SpA's holding company). This was in order to
investigate the potential damage to competition that could result
from the merger," S&P said.

"In our opinion, the Italian Antitrust Authority's suspension
makes the execution of the merger and integration plans even more
uncertain," S&P said.

"In our view, if the deal goes through it could materially weaken
Unipol group's financial profile and its capability to support
Unipol Banca. In our opinion there would be little capacity for
the new group to absorb potential extraordinary costs resulting
from a sizable and challenging integration in a difficult
macroeconomic and financial environment," S&P said.

Standard & Poor's intends to resolve the CreditWatch on Unipol
Banca after resolving the CreditWatch placements on Unipol group.

The CreditWatch status reflects the possibility that we could
lower the ratings on Unipol Banca following a potential similar
action on Unipol Group.

"We might lower the ratings on Unipol Banca if we saw
deterioration in Unipol group's financial strength and ability to
support its subsidiary. As a result, we could reduce the number
of notches we factor into Unipol Banca's long-term rating for
parental support," S&P said.

"If the deal between Unipol group and Fondiaria-SAI did not go
through, or if we were to conclude that the deal would not prompt
significant deterioration in Unipol group's financial profile, we
might affirm the ratings on Unipol Banca," S&P said.


===========
L A T V I A
===========


* LATVIA: S&P Raises Sovereign Credit Ratings From 'BB+/B'
----------------------------------------------------------
Standard & Poor's Ratings Services raised its long- and short-
term local and foreign currency sovereign credit ratings on the
Republic of Latvia to 'BBB-/A-3' from 'BB+/B'. "At the same time,
we withdrew the recovery rating of '3' because under our criteria
we do not assign recovery ratings to investment-grade sovereign
debt. We have revised Latvia's transfer and convertibility (T&C)
assessment to 'A-' from 'BBB+'. The outlook on the long-term
ratings is stable," S&P said.

"The ratings on Latvia balance our view of the government's
proven political commitment to fiscal discipline, the economy's
considerable flexibility, and the material increase in exports as
a share of GDP, against the constraints of large (albeit
decreasing) external debt, relatively moderate GDP per capita,
and a lack of monetary policy flexibility," S&P said.

"Latvia's government cut the general government deficit to 3.5%
of GDP in 2011, from 9.8% in 2009. Over the same period, the
economy has deleveraged. External debt net of liquid assets
declined to 85% of current account receipts (CARs) from 143%
because the current account shifted into surplus and Scandinavian
parent banks poured large capital injections into their Latvian
subsidiaries. We believe recent electoral reforms--to make voting
procedures in parliament more transparent, to limit political
advertising, and to introduce state funding of political parties-
-will strengthen political accountability and improve the policy
environment. We also believe that the government's proposed
fiscal discipline legislation will improve fiscal policy over the
medium term and reduce the risk of fiscal slippages," S&P said.

"Extraordinary parliamentary elections were called last September
as a result of a referendum initiated by former president, Valdis
Zatlers. Before these elections, the government implemented
fiscal consolidation measures including increasing value-added
tax to 22% from 21% and maintaining its freeze on public sector
wages. Aided by a domestic economic recovery, these measures
helped to reduce the general government deficit to 3.5% of GDP in
2011 from 8.2% in 2010 (the EU-IMF had set an initial target of
6%). The government's planned fiscal discipline law will include
requirements to balance the budget over the economic cycle and
establish ceilings on nominal spending. The law will likely be
implemented by mid-2012 and we believe it will anchor spending
growth. We expect the government will meet its deficit target of
below 3% of GDP for 2012 and continue to reduce budget deficits
over the medium term," S&P said.

"We anticipate that net general government debt will peak at 37%
of GDP in 2012 before declining in 2013-2014. The Latvian
government has accumulated significant fiscal reserves of around
Latvian lats (LVL) 1 billion (7% of GDP) as a buffer to potential
financing problems. We expect the government to increase its
holding of liquid assets and to prefund its IMF-EU repayments due
in 2014-2015," S&P said.

"The economy grew by 5.5% in 2011, the third-highest rate in
Europe after Estonia (7.6%) and Lithuania (5.9%). That said, our
estimate of average per capita GDP remains lower than in other
European peers at about $12,000 in 2012, half the EU average. We
expect investments and domestic consumption, supported by
increasing export revenues, to remain the main driver of 3%-4%
growth in the medium term. We project moderate current account
deficits averaging slightly more than 3% of GDP between 2012 and
2014 due to both exports and investments relying heavily on
imported goods. We anticipate that these current account deficits
will be funded by foreign direct investment and EU capital
transfers," S&P said.

"We also anticipate that private sector deleveraging will reduce
Latvia's external debt net of liquid assets to 81% of CARs, which
is still relatively high under our criteria. About 50% of banking
sector external debt is short term, which partly explains our
forecast for gross external financing requirements of a high 170%
of CARs plus usable reserves on average between 2011 and 2014.
That said, most of the short-term debt is obligations due to
parent banks, which we expect will continue supporting their
Latvian subsidiaries (notwithstanding possible required capital
increases at their head offices). Nonresident deposits not due to
parent banks are matched by liquid external assets," S&P said.

"As a result of the lats' peg to the euro, Latvian monetary
policy is determined by external factors. Entry to the European
Economic and Monetary Union (eurozone) would eliminate the
devaluation risk, but balance-of-payment risks would remain. We
do not assume that eurozone entry would necessarily occur within
the two-year outlook horizon. Our view is that inflationary risks
are significant, not so much because of how they might distort
the economy but how they may thwart Latvia's ambition to join the
eurozone by 2014," S&P said.

"We expect Latvia's domestic wage levels will continue to
converge with those of its key trading partners. Current monthly
labor costs remain 17% of those in Sweden," S&P said.

"The stable outlook balances our view of ongoing private sector
deleveraging and improved fiscal and inflationary performance
against the risk that the government may relax its fiscal
consolidation commitment and the (albeit remote) possibility that
parent banks may reduce their exposure to Latvia," S&P said.

"We could raise the ratings if the private sector continues to
deleverage externally and fiscal and inflationary performance are
consistent with eurozone acceptance criteria. We believe that
eurozone entry and consequent access to the European Central Bank
(ECB) as a lender of last resort, and to other lending
facilities, would reduce Latvia's external financing risks and
improve its monetary flexibility," S&P said.

"Conversely, we could lower the ratings if the Latvian government
were to relax its fiscal stance or if external financing became
more difficult to access, perhaps due to parent banks rapidly
reducing their exposure to Latvia," S&P said.


=====================
N E T H E R L A N D S
=====================


FAXTOR ABS 2005-1: S&P Cuts Rating on Class A-3 Notes to 'B-'
-------------------------------------------------------------
Standard & Poor's Ratings Services lowered and removed from
CreditWatch negative its credit ratings on FAXTOR ABS 2005-1
B.V.'s class A-1, A-2E, A-2F, and A-3 notes.

FAXTOR ABS 2005-1 is a mezzanine cash flow collateralized debt
obligation (CDO) of asset-backed securities (ABS) transaction.

"The rating actions follow the application of our updated
criteria for CDOs of pooled structured finance assets," S&P said.

"None of the ratings was affected by either the largest obligor
default test or the largest industry default test -- two
supplemental stress tests in our criteria for CDOs of pooled
structured finance assets," S&P said.

"We subjected the capital structure to a cash flow analysis based
on the updated methodology and assumptions as outlined by our
2012 criteria, to determine the break-even default rate (BDR) for
each rated class at each rating level. At the same time, we
conducted an updated credit analysis based on our new assumptions
to determine the scenario default rate (SDR) at each rating
level," S&P said.

"In our view, the reduction in BDRs together with the rise in
SDRs indicates that the current credit enhancement levels
available to the class A-1, A-2E, A-2F, and A-3 notes are no
longer commensurate with their current rating levels," S&P said.

"As a result of these developments, we have lowered and removed
from CreditWatch negative our ratings on the class A-1, A-2E, A-
2F, and A-3 notes," S&P said.

           STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

         http://standardandpoorsdisclosure-17g7.com

RATINGS LIST

Class            Rating
            To            From

FAXTOR ABS 2005-1 B.V.
EUR308.4 Million Asset-Backed Floating- And Fixed-Rate Notes

Ratings Lowered and Removed From CreditWatch Negative

A-1         BBB+ (sf)     AAA (sf)/Watch Neg
A-2E        BB+ (sf)      AA- (sf)/Watch Neg
A-2F        BB+ (sf)      AA- (sf)/Watch Neg
A-3         B- (sf)       A (sf)/Watch Neg


HALCYON 2006-II: S&P Raises Rating on Class D Notes to 'BB'
-----------------------------------------------------------
Standard & Poor's Ratings Services raised its credit ratings on
Halcyon Structured Asset Management European CLO 2006-II B.V.'s
class B, C, and D notes. "At the same time, we have affirmed our
ratings on the class A-1, A-1D, A-1R, and E notes," S&P said.

"The rating actions follow our assessment of the transaction's
performance and take into account recent developments in the
transaction," S&P said.

"For our review of the transaction's performance, we used data
from the trustee report (dated March 26, 2012), in addition to
our cash flow analysis. We have taken into account recent
developments in the transaction and have applied our 2010
counterparty criteria, as well as our cash flow criteria," S&P
said.

"From our analysis, we have observed that the credit quality of
the portfolio has improved since we last reviewed the
transaction. For example, we have observed a decrease in the
proportion of assets that we consider to be rated in the 'CCC'
category ('CCC+', 'CCC', and 'CCC-') to 9.31% from 15.21%. We
have also observed a decrease in the proportion of defaulted
assets (those rated 'CC', 'SD' [selective default], and 'D', in
the collateral pool," S&P said.

"Our analysis indicates that credit enhancement for all classes
of notes has marginally changed since we last reviewed the
transaction. However, the weighted-average spread earned on the
collateral pool has increased, and our analysis also indicates
that the weighted-average maturity of the portfolio has decreased
since our last review. This has led to a reduction in our
scenario default rates (SDRs) for all rating categories," S&P
said.

"We subjected the capital structure to a cash flow analysis to
determine the break-even default rate for each rated tranche. In
our analysis, we have used the reported portfolio balance,
weighted-average spread, and weighted-average recovery rates that
we consider to be appropriate. We have incorporated various cash
flow stress scenarios, using alternative default patterns,
levels, and timings for each liability rating category (i.e.,
'AAA', 'AA', and 'BBB' ratings), in conjunction with different
interest rate stress scenarios," S&P said.

At closing, Halcyon Structured Asset Management European CLO
2006-II entered into derivative obligations to mitigate currency
risks in the transaction.

"We consider that the documentation for these derivatives does
not fully reflect our 2010 counterparty criteria. We conducted
our cash flow analysis assuming that the transaction does not
benefit from the support of derivatives. After conducting our
cash flow analysis, we have concluded that the ratings on the
class A-1, A-1D, and A-1R notes can be maintained at their
current rating levels. We have therefore affirmed our ratings on
these classes of notes," S&P said.

"We have also applied the largest obligor default test, a
supplemental stress test that we introduced as part of our 2009
criteria update for corporate collateralized debt obligations
(CDOs). The test aims to measure the effect on ratings of
defaults of a specified number of the largest obligors in the
portfolio with particular ratings, assuming 5% recoveries. In
addition, we applied the largest industry default test, another
of our supplemental stress tests. Our cash flow stresses support
a higher rating on the class E notes. However, the supplemental
stress tests constrain our rating on the class E notes at its
current level. We have therefore affirmed our rating on the class
E notes," S&P said.

"Considering all of these factors, our analysis indicates that
the credit enhancement available to the class B, C, and D notes
is commensurate with higher ratings than previously assigned. We
have therefore raised our ratings on the class B notes to 'AA-
(sf)' from 'A (sf)', on the class C notes to 'BBB+ (sf)' from
'BB+ (sf)', and on the class D notes to 'BB (sf)' from 'BB-
(sf)'," S&P said.

Halcyon Structured Asset Management European CLO 2006-II is a
cash flow CLO transaction that closed in January 2007 and
securitizes loans to primarily speculative-grade corporate firms.
The reinvestment period for this transaction ends in January
2013. The transaction currently has an outstanding note balance
of EUR348.17 million (converted at the Day 1 exchange rate).

          STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

        http://standardandpoorsdisclosure-17g7.com

RATINGS LIST

Class             Rating
            To             From

Halcyon Structured Asset Management European CLO 2006-II B.V.
EUR407.8 Million Secured Floating-Rate Notes

Ratings Raised

B           AA- (sf)       A (sf)
C           BBB+ (sf)      BB+ (sf)
D           BB (sf)        BB- (sf)

Ratings Affirmed

A-1         AA (sf)
A-1D        AA (sf)
A-1R        AA (sf)
E           B+ (sf)


* NETHERLANDS: Construction Sector Bankruptcies Increase to 367
---------------------------------------------------------------
SeeNews reports that Statistics Netherlands said Thursday the
bankruptcy filings in the Netherlands' construction sector
increased to 367 in the first quarter of 2012 from 289 a year
earlier.


===========
R U S S I A
===========


RUSSIAN STANDARD: Fitch Affirms 'B+' LT Issuer Default Rating
-------------------------------------------------------------
Fitch Ratings has affirmed JSC Russian Standard Bank's (RSB)
Long-term Issuer Default Rating (IDR) at 'B+', and revised the
Outlook to Stable from Positive.

The Outlook revision reflects RSB's weakening capitalization due
to further dividend withdrawals by the shareholder and material
loan growth.  It also considers contingent risks, including of
further capital erosion, stemming from the shareholder's
financial commitments related to his attempted takeover of
Central European Distribution Corporation (CEDC), a large
alcoholic beverage production and distribution company with
primary operations in Poland and Russia.

On the positive side, Fitch regards other key aspects of RSB's
credit profile, including its franchise, sound credit risk
management, strong profitability and liquidity as consistent with
a higher rating level.  However, the bank's Long-term IDR is
likely to be constrained at 'B+' until its capital position is
materially strengthened and concerns surrounding the CEDC deal
are resolved.

RSB successfully grew its retail loan book by 40% in 2011, and
improved profitability with ROAE and ROAA up to 18% and 3%,
respectively, in 2011 from 6% and 1% in 2010.  However, over 90%
of 2011 net income was distributed to the shareholder, which
given the loan growth resulted in the Basel I tier 1 ratio
falling to 14% at end-2011 from 19% at end-2010.  At the same
time, Fitch's core capital/risk weighted assets ratio declined to
a tight 8% from 12%.  The difference between the Fitch and Basel
ratios is mainly due to the deduction of an investment by RSB in
the equity of its parent company.

Credit risks remain well under control, in line with Fitch's
expectations.  The credit loss rate for the retail portfolio in
2011 only amounted to about 5%, while reserve coverage of non-
performing loans improved to a conservative 254% compared to 227%
at end-2010.  However, the agency expects RSB's loss rates to
increase moderately as delivering planned growth (25%-30% in
2012) amid accelerating competition is likely to require some
relaxing of underwriting criteria.

The bank maintains an adequate liquidity buffer, consisting of
cash and unpledged securities eligible for repo with the Central
Bank, which covers over 30% of total deposits.  RSB's liquidity
position is further enhanced by a cash generative loan book and
moderate upcoming wholesale debt repayments (RUB7 billion in 2012
and RUB16 billion in 2013).

Solid growth in retail lending was supported by the continued
inflow of retail deposits that accounted for a high 63% of the
bank's non-equity funding at end-2011.  The high share of retail
deposits could limit recoveries for RSB's other senior creditors
in a hypothetical default scenario, as under Russian law the
claims of retail depositors rank above those of other senior
unsecured creditors.  In Fitch's view, while the degree of
subordination is not presently sufficient to warrant a Recovery
Rating of below 'RR4' for RSB's senior unsecured debt, any
significant further increase in the proportion of retail funding
in the bank's liabilities could lead to a downward revision of
the Recovery Rating and, according to Fitch's methodology, a
notching down of the Long-term rating of the notes from the
bank's Long-term IDR.

Fitch regards the attempted acquisition by Roustam Tariko, RSB's
sole ultimate shareholder, of CEDC as a material contingent risk
for RSB, because the bank is Mr. Tariko's main cash generative
asset and therefore may be used, at least partially, to fund the
acquisition, as well as to refinance some of CEDC's high US$1.3
billion debt, of which US$382 million matures in 2012-2013.  In
late 2011, through its 100% owned subsidiary Russian Standard-
Invest LLC, RSB acquired a minority stake in CEDC for RUB0.4
billion which was later sold to the shareholder and holds RUB2.3
billion worth of CEDC's bonds (15% of Fitch's core capital at
end-2011); Fitch also understands that Mr. Tariko has recently
committed to make further investments in CEDC amounting to over
US$200 million (RUB5.9 billion).

If the shareholder's ongoing investments in CEDC result in a
further material weakening of RSB's capital position, then Fitch
may take negative rating action on the bank.  However, if
concerns surrounding the CEDC acquisition are resolved, and RSB's
capitalization is strengthened, the bank could be upgraded.

RSB is one of the leading retail lenders in Russia, with a 17%
market share in credit cards and 12% in POS-loans at end-2011.
The bank is 100% controlled by Russian businessman Roustam Tariko
who also owns a Russian vodka production and alcohol distribution
business.

The rating actions are as follows:

  -- Long-Term foreign and local currency IDRs: affirmed at 'B+';
     Outlook revised to Stable from Positive
  -- Short-Term Issuer Default Rating: affirmed at 'B'
  -- Senior unsecured debt: affirmed at 'B+'; Recovery Rating
     'RR4'
  -- Viability Rating: affirmed at 'b+'
  -- Support Rating: affirmed at '5'
  -- Support Rating Floor: affirmed at 'No Floor'


TRANSCREDITBANK: Moody's Corrects April 27 Ratings Release
----------------------------------------------------------
Moody's Investors Service issued a correction to
TransCreditBank's April 27, 2012 ratings release.

Moody's has upgraded the following ratings of TransCreditBank:
long-term local and foreign currency debt and deposit ratings to
Baa3 from Ba1, short-term local and foreign currency deposit
ratings to Prime-3 from Not-Prime, short-term local and foreign
currency debt ratings to (P)Prime-3 from (P)Not-Prime, and local
and foreign currency subordinated debt ratings to (P)Ba1 from
(P)Ba2. The bank's D- standalone bank financial strength rating
(BFSR; mapping to ba3 on the long-term scale) remains unchanged.
All ratings carry a stable outlook.

Moody's assessment is primarily based on (i) the official press
releases of TransCreditBank and its majority shareholder Bank
VTB, (ii) TransCreditBank's audited financial statements for 2011
prepared under IFRS, and (iii) the information the rating agency
received from senior management of VTB and TransCreditBank.

Ratings Rationale

According to Moody's, the ratings upgrade reflects
TransCreditBank's closer integration into VTB group, and greater
evidence of VTB's increased commitment to support its new
subsidiary.

Moody's notes that TransCreditBank now operates under VTB group's
standards, including for risk management. TransCreditBank's
business focus will be gradually moving away from corporate
banking towards the retail and SME segment, in preparation for
the planned merger with VTB24 in 2014 (VTB24 is VTB's retail and
SME subsidiary).

VTB's commitment to support TransCreditBank was demonstrated
through new capital and funding. In February 2012,
TransCreditBank received RUB7.6 billion of Tier 1 capital from
VTB, which increased the majority shareholder's stake to 78%
(year-end 2011: 74%). In the course of 2011, VTB provided RUB8.5
billion of subordinated capital to TransCreditBank, thereby
improving its total capital ratio to 15% at year-end 2011, from
11% at year-end 2010. VTB has also provided funding to
TransCreditBank in order to refinance its wholesale borrowings;
parental funding accounted for 10% of non-equity funding at year-
end 2011. In H2-2012, VTB expects to repurchase an additional
stake from the state railroad monopoly Russian Railways (a former
parent of TransCreditBank) and accumulate a 100% shareholding in
TransCreditBank.

According to Moody's, the planned transfer of corporate business
(if fulfilled according to current VTB plans) is unlikely to have
negative rating implications for TransCreditBank's standalone
credit profile. While the planned transfer of the majority of the
corporate loans (which formed 74% of gross loans at YE2011) to
VTB during 2013 will be negative for TransCreditBank's franchise
value, Moody's expects that this will be balanced by a larger
share of retail and SME clients. As a result, Moody's expects
that the bank's revenue streams will become more granular, and,
together with the remaining treasury business, will be sufficient
to generate satisfactory earnings in order to ensure adequate
performance.

TransCreditBank's Baa3 Global Local Currency (GLC) deposit rating
incorporates the following elements: (i) the bank's ba3
standalone credit assessment, and (ii) Moody's assessment of a
very high probability of support from VTB in the event of need
given the majority shareholder's 78% stake in TransCreditBank.
Moody's also notes that TransCreditBank's strategic and
operational management functions are becoming integrated with
those of VTB, and operational management has almost reached an
integration level consistent with other VTB subsidiaries.

The methodologies used in this rating were Bank Financial
Strength Ratings: Global Methodology published in February 2007,
and Incorporation of Joint-Default Analysis into Moody's Bank
Ratings: Global Methodology published in March 2012.

Headquartered in Moscow, Russia, TransCreditBank had total assets
of approximately RUB506 billion (approximately US$16 billion) and
equity of RUB36 billion (approximately USD1 billion), according
to the bank's audited IFRS financial report at year-end 2011.
TransCreditBank's main focus is on servicing the needs of Russian
Railways and its subsidiaries, and the location of the bank's
branch network enables it to better provide services to its
former parent's regional entities and their employees


* VOLGOGRAD REGION: Fitch Assigns 'BB-' Local Currency Rating
-------------------------------------------------------------
Fitch Ratings has assigned Russia's Volgograd Region's upcoming
RUB5 billion domestic bond issue, due May 28, 2017, an expected
Long-term local currency rating of 'BB-(exp)' and an expected
National Long-term rating of 'A+(rus)(exp)'.

The region has Long-term local and foreign currency ratings of
'BB-' and a National Long-term rating of 'A+(rus)'.  The Long-
term ratings have Stable Outlooks.  The region's Short-term
foreign currency rating is 'B'.

The final rating is contingent upon the receipt of final
documents conforming to information already received.

The bond has an amortization structure and a fixed step-down
coupon to be determined on May 4, 2012, the day of placement.
The proceeds from the new bond will be used to finance the
region's budget deficit and the repayment of maturing debt.

The Volgograd region is a part of the South Federal District, and
lies in the south-eastern part of European Russia.


* REPUBLIC OF KHAKASSIA: Fitch Affirms BB- Issuer Default Rating
----------------------------------------------------------------
Fitch Ratings has affirmed the Republic of Khakassia's Long-term
foreign and local currency ratings at 'BB-', with Stable
Outlooks, and its Short-term foreign currency rating at 'B'.  The
agency also affirmed the region's National Long-term rating at
'A+(rus)' with Stable Outlook.

The affirmation reflects the republic's satisfactory budget
performance, supported by swift economic growth and moderate
direct risk.  The ratings also factor in the high taxpayer
concentration and contingent liabilities stemming from its public
sector.

Improved budgetary performance with an operating margin at about
10%, the narrowing of the budget deficit and strengthening debt
coverage would be rating positive.  Conversely an increase in
direct risk above 40% of current revenue coupled with weak
budgetary performance would be negative for the ratings.

Khakassia's tax base is strong, but highly concentrated in
resource development industries.  Taxes stood for 73% of the
region's operating revenue while the top 10 taxpayers contributed
54.5% to the republic's tax revenue in 2011 (2010: 51.3%).  Fitch
notes that the prime companies represent mining, aluminium and
hydro power generation industries, thus mitigating sudden tax
revenue shocks in a particular industry or company.

The region posted a satisfactory budgetary performance in 2011;
its operating margin increased to 6.2% (2010: 5.4%).  However due
to the capex program's funding needs the republic's deficit
before debt variation widened to 16.3% of total revenue by end-
2011 from 4.3% in 2010.  Fitch expects the region's operating
margin will be at about 9%-10% in 2012-2014, while the deficit
will scale back to below 5% of total revenue in 2012-2014,
supported by a prudent fiscal policy and expenditure control.

Khakassia's direct risk increased up to RUB3.9 billion in 2011
(2010: RUB2.2 billion), or up to 34% of current revenue.  The
region debt-funded its large 2011 capex program and Fitch expects
the republic to stabilize debt at below 35% of current revenue in
the medium term.  The debt portfolio is composed of bank loans
(49.7% of the total debt), domestic bonds (30.5%) and federal
budget loans (19.8%).  The debt maturity is stretched up to 2016,
smoothing the region's refinancing risk.

The region's broader public sector is compact, while certain
contingent risk stems from the mortgage agency.  Fitch will
review the final details of the settlement of the agency's RUB375
million debt expected to be agreed with the lenders in 2012 and
be largely repaid with the company's assets (apartments for
sale).

Khakassia, located in resource rich south-west Siberia,
demonstrated economic growth rate of 10.6% in 2011.  The
administration expects GRP growth at about 6%-7% in 2012-2014.
However the republic's per capita gross regional product (GRP)
equal to 67% of the national median in 2010.  Its GRP accounts
for 0.3% of national GDP, and the republic's population is 0.4%
of the national population.


=====================
S W I T Z E R L A N D
=====================


SCHMOLZ + BICKENBACH: S&P Assigns 'B+' Corporate Credit Rating
--------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B+' long-term
corporate credit rating to Swiss specialty long steel producer
Schmolz + Bickenbach AG. The outlook is stable.

"In addition, we assigned our 'B+' issue rating to the company's
proposed EUR300 million bond. The recovery rating on the bond is
'3', indicating our expectation of meaningful (50%-70%) recovery
in the event of a payment default," S&P said.

"The 'B+' corporate credit rating reflects our view of the
company's 'fair' business risk profile and 'aggressive' financial
risk profile, as our criteria define the terms," S&P said.

"Our assessment of Schmolz + Bickenbach's business risk profile
as fair is based on the company's favorable market position in
the specialty long steel industry. The segment has moderate
barriers to entry because of its very specific technical
requirements, switching costs for customers, and long testing
periods. We also view this segment of the steel industry as
somewhat stronger than the stainless flat segment where European
producer Aperam S.A. operates (BB/Negative/--), and where there
is overcapacity in Europe," S&P said.

"Schmolz + Bickenbach is one of Europe's top two tool steel and
top three engineering and long stainless steel producers. Like
its peers, it is able to pass on the cost of raw materials--scrap
and alloys--to customers through the industrywide surcharge
mechanism. Schmolz + Bickenbach's other strengths are its broad
product portfolio, diversified customer base, and concentration
of sales and assets in Germany (49% of sales), Italy (10%),
France (6%), and the U.S. (8%), which in our view carry low
country risk," S&P said.

"These strengths are partly offset by the high cyclicality of the
specialty long steel industry, demonstrated by a 40% drop in
Schmolz + Bickenbach's sales in 2009 during the global economic
downturn, with substantial destocking along the supply chain.
This, coupled with high operating leverage, led to negative
EBITDA in 2009. We expect the company's financial performance to
remain volatile and sensitive to cycles in the automotive and
capital goods industries, which are its main customers. Moreover,
the company still has some exposure to large swings in raw
material prices, notably nickel and steel scrap, despite the
surcharge mechanism, because of the inventory it has to
maintain," S&P said.

"Under our baseline scenario for Europe of a mild recession in
the first half of 2012, and barely positive GDP growth for the
full year, we expect the company's sales volumes to drop by about
5%, resulting in EBITDA of about EUR270 million in 2012, compared
with about EUR298 million in 2011. We currently do not expect a
more substantial drop in volumes because of the company's
backlog, relatively low inventories in the automotive industry
compared with 2008 and 2009, and the ramp up of the Finkl plant
in the U.S. We further assume a likely moderate recovery in
volumes and profits in 2013 and 2014 as economic growth picks
up," S&P said.

"The stable outlook balances our expectation of weaker
performance and credit ratios in 2012 with Schmolz + Bickenbach's
medium-term debt maturity profile and likely bank support in case
of a potential covenant breach. In the weak 2012 environment, we
would see a Standard & Poor's-adjusted FFO-to-debt ratio in the
lower part of the 15%-25% range as commensurate with the current
rating. We factor into the rating the possibility that the ratio
could improve in 2013-2014 in line with the more supportive
macroeconomic environment," S&P said.

"We might lower the rating if the company's performance
deteriorated substantially with FFO to debt falling to well below
15%, without near-term prospects of recovery and depending on
management actions. This could be triggered by a weaker
environment in the automotive and capital goods industries and a
consequent sales volume decline of more than 10% below our
current expectations. A covenant breach might also lead us to
consider a negative rating action, if not waived by the banks in
advance," S&P said.

"We might consider a positive rating action if the macroeconomic
environment improved and the company's profitability was more
resilient to a potential downturn than we currently anticipate.
We might also consider raising the rating if the company
substantially reduced its debt through positive FOCF generation,"
S&P said.


===========
T U R K E Y
===========


EXPORT CREDIT: S&P Affirms 'BB/B' Issuer Credit Ratings
-------------------------------------------------------
Standard & Poor's Ratings Services revised the outlook on Export
Credit Bank of Turkey (Turk Eximbank) to stable from positive.
"At the same time, we affirmed the long- and short-term foreign
currency issuer credit ratings at 'BB/B' and the local currency
ratings at 'BBB-/A-3'," S&P said.

"The ratings on Turk Eximbank are equalized with those on its
sole owner, Turkey. They reflect our opinion that there is an
'almost certain' likelihood that the Turkish government would
provide timely and sufficient extraordinary support to Turk
Eximbank in case of financial distress," S&P said.

"In accordance with our criteria for government-related entities
(GREs), our rating approach for Turk Eximbank is based on our
view of the bank's," S&P said:

  * "Critical" role in supporting Turkish exports, which is a key
    factor for national economic development and rebalancing the
    economy; and

  * "Integral" link to the Turkish government through sole
    sovereign ownership, government control of the board of
    directors, and a guarantee on the ultimate recovery of losses
    on the bank's sovereign lending.

"Turk Eximbank is the official state export credit agency. It has
been mandated to support foreign trade and Turkish contractors
and investors operating abroad, through credit, guarantee, and
insurance programs. The bank does not compete with commercial
banks, but works closely with them--encouraging them to increase
their support for the export sector. It is Turk Eximbank's
intention to increase medium- and long-term loans, while leaving
short-term export financing to the commercial banks. As well as
offering direct lending, the bank also provides insurance and
guarantees to Turkish commercial banks. This is in order to
encourage them to finance export transactions backed by sales
made on deferred payment terms," S&P said.

"Various bodies govern Turk Eximbank. The highest-ranked is the
Supreme Advisory and Credit Guidance Committee, which is chaired
by the state minister in charge of the bank's activities
(currently the deputy prime minister). The committee is the main
decision-making authority for developing the bank's strategy, and
sets limits for credit, guarantees, and insurance transactions.
The state minister in charge of the bank's activities selects the
board of directors. The bank's general manager is named by a
decree signed by the same state minister in charge of the bank's
activities, the prime minister, and the Turkish president," S&P
said.

"In our opinion, strong government support for Turk Eximbank is
also evident from repeated capital contributions to the bank's
equity base. These have been either in the form of directly paid-
in capital or specific funds that are managed by the bank and
incorporated into its total shareholder funds. By end-2010, paid-
in capital from the government totaled Turkish lira (TRY) 2.0
billion, up from TRY1.3 billion at end-2008. Further to the
contributions to paid-in capital, the Turkish treasury gives the
bank additional money from designated funds. If requested, the
treasury would support Turk Eximbank's funding efforts by
guaranteeing the bank's borrowings abroad," S&P said.

"As a 100% state-owned wholesale bank, Turk Eximbank does not
accept deposits but is subject to the oversight of the Banking
Regulatory and Supervision Agency. However, in recent years it
has diversified funding particularly by absorbing more capital
from global financial markets and borrowing from international
financial organizations such as the World Bank and European
Investment Bank. Turk Eximbank borrows only in foreign currency.
Its capital adequacy ratio, calculated using the bank's internal
methodology, increased to 143% in 2010, from 100% in 2007," S&P
said.

"The stable outlook on the long-term ratings on Turk Eximbank
mirrors that on the long-term ratings on the Republic of Turkey.
For as long as the government continues to provide support, any
change in the ratings on Turkey will likely result in a similar
rating action on Turk Eximbank. Conversely, any change in our
assessment of Turk Eximbank's critical role for and integral link
with the government could lead to downward pressure on the
rating," S&P said.


===========================
U N I T E D   K I N G D O M
===========================


ALTE LIEBE: S&P Reinstates 'B-' Rating on EUR102MM Senior Notes
---------------------------------------------------------------
Standard & Poor's Ratings Services reinstated its debt rating on
the EUR102 million senior secured amortizing notes due 2025 --
issued by Jersey-based special-purpose vehicle Alte Liebe 1 Ltd.
-- at 'B-'. "We suspended the ratings on Feb. 2, 2011," S&P
said.

"We also assigned a recovery rating of '6' to the notes,
indicating our expectations of negligible (0%-10%) recovery of
outstanding principal (in the absence of an insurance guarantee)
at the time of default," S&P said.

"The reinstatement follows our receipt of what we consider to be
sufficient information from the project's relevant parties, which
allows us to analyze its long-term performance. We expect to
continue receiving adequate and timely information," S&P said.

The 'B-' issue rating on the EUR102 million senior secured notes
issued by Alte Liebe 1 reflects the underlying credit quality of
these notes.

"In our view, the operating and financial performances of some of
Alte Liebe 1's six wind farm companies have continued to
deteriorate during 2011. This was mainly driven by the lower-
than-expected wind power production in 2010 and 2011, following
similar underperformances in previous years," S&P said.

"As a result, we understand that the debt service reserve
accounts (DSCRs) calculated on Dec. 31, 2011 (latest official
data available) at three out of Alte Liebe 1's six wind farms
were below the minimum levels stipulated in their respective loan
agreements, which we understand constituted a breach of covenant
and resulting technical event of default (EOD). Under the loan
agreements, Ambac, as controlling creditor, may accelerate loans
on the occurrence of an EOD, although it cannot cross-accelerate
the notes," S&P said.

"However, we understand that Ambac has waived its right to
accelerate the individual wind farm loans. We believe that Ambac
has little incentive to accelerate any loan at this time, because
the troubled wind farms have neither enough liquidity to fully
repay the outstanding debt nor are they likely to refinance under
similar conditions. Therefore, we believe the acceleration of
the loans would likely trigger Ambac's obligation to make good
any possible shortfall in the servicing of the notes under its
guarantee," S&P said.

"We consider that a payment default on the notes is highly
unlikely over the medium term, given the current available
liquidity and the notes' flexible repayment profile--with timely
payment of interest, but ultimate payment of principal in 2025.
However, at the final maturity date, based on current wind farm
performances, we believe that the project may not be able to meet
the outstanding debt liabilities in full," S&P said.

"The stable outlook reflects our expectation of recurrent DSCRs
below 1x for the weakest wind farms under their loan agreements,
and the partial use of their DSRAs over the life of the project,
unless wind conditions considerably improve," S&P said.

"We could raise the rating if the recent underperformance of the
most vulnerable wind farms is reversed and stabilizes.
Conversely, we could take a negative rating action if wind
performance continues to deteriorate, resulting in further draws
on the project's liquidity," S&P said.


BATTERSEA POWER: Chelsea Football Among 10 Bidders
--------------------------------------------------
Neil Callanan and Tariq Panja at Bloomberg News report that
Chelsea Football Club Ltd. submitted one of more than 10 offers
to buy the London landmark Battersea Power Station.

According to Bloomberg, a person with knowledge of the bidding
said that the southwest London site drew interest from U.K.,
Irish, U.S. and Asian bidders.  Some of the offers are
unconditional, Bloomberg notes.

The power station was put up for sale after its owners failed to
pay lenders owed more than GBP500 million (US$809 million).  It's
no longer in use, Bloomberg says.

Creditors Lloyds Banking Group Plc and Ireland's National Asset
Management Agency had Ernst & Young LLP hired as administrators
of the property, Bloomberg recounts.

Bloomberg notes that controlling shareholder Real Estate
Opportunities Plc said in October the 38-acre (15-hectare) site
was valued at GBP500 million.

The site is being sold through brokers Knight Frank LLP and Ernst
& Young's real estate corporate finance team, Bloomberg says.


THOMAS COOK: Agrees to New Financing Package
--------------------------------------------
Ambereen Choudhury at Bloomberg News reports that Thomas Cook
Group Plc, which secured an emergency loan to survive, agreed to
a new financing package with lenders and said it's in talks to
sell aircraft as part of a recovery plan.

According to Bloomberg, Thomas Cook said in a statement on
Saturday that the GBP1.4 billion (US$2.3 billion) refinancing
extends the maturity of borrowings until May 31, 2015 and
provides "further stability" to the business.

Thomas Cook also said a strategic review has been completed,
Bloomberg notes.

Bloomberg relates that Mr. Meysman said the search for a
permanent chief executive officer to replace interim leader Sam
Weihagen is "progressing well."

The company is also selling assets, including an Indian unit,
after posting an annual loss of GBP521 million and suffering a
drop in bookings in the U.K. and elsewhere in northern Europe,
Bloomberg discloses.

Three months after former CEO Manny Fontenla-Novoa stepped down,
banks agreed in November to provide a GBP200 million loan to the
tour operator, Bloomberg recounts.  The company, as cited by
Bloomberg, said that the latest financial package has revised
financial covenants offering greater flexibility.

The GBP1.4 billion package comprises of a GBP150 million
amortizing term loan, an GBP850 million revolving credit, the
GBP200 million liquidity facility agreed in November, and a
GBP200 million bonding and guarantee credit line, Bloomberg says.

Thomas Cook Group plc is a United Kingdom-based company.  The
Company, together with its subsidiaries, is engaged in the
provision of leisure travel services.  Its main brands include
Airtours, Aspro, Club 18-30, Cresta, Manos, Neilson, Sunset,
Sunworld Holidays, Swiss Travel Service, Thomas Cook, Thomas Cook
Style Collection, Thomas Cook Signature and Thomas Cook Tours.
It has six geographic operating divisions: United Kingdom,
Central Europe, West and East Europe, Northern Europe, North
America and Airlines Germany.


WORLDSPREADS GROUP: Clients May Not Recover 65% of Claims
---------------------------------------------------------
Jesse Westbrook at Bloomberg News reports that the collapse of
WorldSpreads Group Plc, the U.K. brokerage and spread-betting
firm that collapsed in March, may result in losses of as much as
65% for former customers.

According to Bloomberg, administrator KPMG LLP said in a
creditors' report published on Saturday that the return to
customers from WorldSpreads may be between 30 pence and 35 pence
per pound.  KPMG said it based its estimate on the amount of
money recovered thus far and funds that are owed, Bloomberg
notes.

WorldSpreads suspended trading in its shares on March 16 because
of "financial irregularities", Bloomberg recounts.  Three days
later, the company said it had a shortfall of GBP13 million
(US$21 million) of client money, Bloomberg relates.

KPMG, as cited by Bloomberg, said that WorldSpreads customers
have made claims seeking GBP30 million.  The statement said that
the administrator has located GBP5 million in segregated accounts
and found another GBP11 million in house accounts, according to
Bloomberg.

WorldSpreads had about 15,000 clients, Bloomberg discloses.  KPMG
said that all but about 90 of them had less than GBP50,000 in
their accounts with the firm, Bloomberg notes.

KPMG, which was appointed administrator in March, said it has
received fees of about GBP900,000 for work on the WorldSpreads
failure, Bloomberg relates.

Worldspreads Group Plc is a U.K. brokerage and spread-betting
firm.


===============
X X X X X X X X
===============


* BOND PRICING: For the Week April 30 to May 4, 2012
----------------------------------------------------

Issuer                  Coupon     Maturity  Currency     Price
------                  ------     --------  --------     -----

AUSTRIA
-------
A-TEC INDUSTRIES          2.750    5/10/2014      EUR      30.88
A-TEC INDUSTRIES          5.750    11/2/2010      EUR      30.88
A-TEC INDUSTRIES          8.750   10/27/2014      EUR      30.63
BA CREDITANSTALT          5.470    8/28/2013      EUR      71.75
IMMOFINANZ                4.250     3/8/2018      EUR       3.81
KOMMUNALKREDIT            4.900    6/23/2031      EUR      69.75
KOMMUNALKREDIT            4.440   12/20/2030      EUR      65.75
OESTER VOLKSBK            4.810    7/29/2025      EUR      59.13
OESTER VOLKSBK            4.160    5/20/2025      EUR      71.01
OESTER VOLKSBK            4.170    7/29/2015      EUR      66.25
OESTER VOLKSBK            4.750    4/30/2021      EUR      73.11
RAIFF CENTROBANK         10.416    7/20/2012      EUR      51.55
RAIFF CENTROBANK          7.812    7/20/2012      EUR      61.99
RAIFF CENTROBANK          7.161    7/20/2012      EUR      68.46
RAIFF CENTROBANK         11.000    5/24/2012      EUR      65.57
RAIFF CENTROBANK          7.812    7/25/2012      EUR      70.98
RAIFF CENTROBANK          8.463    7/25/2012      EUR      65.84
RAIFF CENTROBANK          9.114    7/25/2012      EUR      50.31
RAIFF CENTROBANK         10.090    7/25/2012      EUR      65.03
RAIFF CENTROBANK         10.090    7/25/2012      EUR      67.91
RAIFF CENTROBANK         11.718    7/25/2012      EUR      28.14
RAIFF CENTROBANK         11.718    7/25/2012      EUR      57.40
RAIFF CENTROBANK          7.646    1/23/2013      EUR      67.93
RAIFF CENTROBANK          7.965    1/23/2013      EUR      69.64
RAIFF CENTROBANK          8.283    1/23/2013      EUR      71.85
RAIFF CENTROBANK          9.558    1/23/2013      EUR      72.07
RAIFF CENTROBANK          9.876    1/23/2013      EUR      54.70
RAIFF CENTROBANK          7.812    7/25/2012      EUR      57.59
RAIFF CENTROBANK          7.161    7/25/2012      EUR      69.42
RAIFF CENTROBANK          5.208    7/25/2012      EUR      74.70
RAIFF CENTROBANK          5.208    7/25/2012      EUR      70.63
RAIFF CENTROBANK         11.000    5/24/2012      EUR      73.08
RAIFF ZENTRALBK           4.500    9/28/2035      EUR      67.56

BELGIUM
-------
ECONOCOM GROUP            4.000     6/1/2016      EUR      21.59
IDEAL STANDARD I         11.750     5/1/2018      EUR      53.00
IDEAL STANDARD I         11.750     5/1/2018      EUR      52.67

CYPRUS
------
CYPRUS GOVT BOND          4.750    9/30/2015      EUR      72.50
CYPRUS GOVT BOND          3.750    11/1/2015      EUR      69.20
CYPRUS GOVT BOND          4.750    12/2/2015      EUR      71.63
CYPRUS GOVT BOND          4.500     1/2/2016      EUR      70.50
CYPRUS GOVT BOND          4.500    3/30/2016      EUR      69.38
CYPRUS GOVT BOND          4.500     6/2/2016      EUR      68.63
CYPRUS GOVT BOND          5.000     6/9/2016      EUR      70.25
CYPRUS GOVT BOND          4.500    7/11/2016      EUR      68.25
CYPRUS GOVT BOND          4.500    10/9/2016      EUR      67.38
CYPRUS GOVT BOND          6.600   10/26/2016      EUR      73.75
CYPRUS GOVT BOND          4.500     1/4/2017      EUR      66.50
CYPRUS GOVT BOND          4.500    2/15/2017      EUR      66.25
CYPRUS GOVT BOND          4.500     4/2/2017      EUR      65.88
CYPRUS GOVT BOND          5.600    4/15/2017      EUR      71.86
CYPRUS GOVT BOND          4.500    9/28/2017      EUR      64.63
CYPRUS GOVT BOND          5.100    1/29/2018      EUR      66.13
CYPRUS GOVT BOND          4.600    4/23/2018      EUR      63.88
CYPRUS GOVT BOND          4.600   10/23/2018      EUR      63.13
CYPRUS GOVT BOND          4.600    2/26/2019      EUR      62.75
CYPRUS GOVT BOND          6.100    6/24/2019      EUR      68.88
CYPRUS GOVT BOND          4.625     2/3/2020      EUR      61.98
CYPRUS GOVT BOND          6.100    4/20/2020      EUR      68.25
CYPRUS GOVT BOND          5.350     6/9/2020      EUR      64.50
CYPRUS GOVT BOND          6.000     6/9/2021      EUR      65.75
CYPRUS GOVT BOND          6.500    8/25/2021      EUR      67.00
MARFIN POPULAR            4.350   11/20/2014      EUR      67.88
REP OF CYPRUS             4.750    2/25/2016      EUR      67.32

CZECH REPUBLIC
--------------
SAZKA                     9.000    7/12/2021      EUR      50.00

DENMARK
-------
KALMAR STRUCTRD           7.500    9/30/2013      EUR       0.01
KOMMUNEKREDIT             0.500    2/23/2017      ZAR      71.65
KOMMUNEKREDIT             0.500    1/25/2017      ZAR      72.10
KOMMUNEKREDIT             0.500   12/14/2020      ZAR      52.19

FINLAND
-------
MUNI FINANCE PLC          0.500   12/14/2018      TRY      64.69
MUNI FINANCE PLC          0.500    3/17/2025      CAD      54.13
MUNI FINANCE PLC          0.500   11/16/2017      TRY      68.85
MUNI FINANCE PLC          0.500    4/27/2018      ZAR      63.76
MUNI FINANCE PLC          0.500   11/21/2018      ZAR      63.27
MUNI FINANCE PLC          0.250    6/28/2040      CAD      23.73
MUNI FINANCE PLC          0.500   11/21/2018      TRY      64.92
MUNI FINANCE PLC          0.500    9/24/2020      CAD      74.84
MUNI FINANCE PLC          0.500   12/20/2018      ZAR      60.31
MUNI FINANCE PLC          0.500   11/25/2020      ZAR      54.67
MUNI FINANCE PLC          0.500   11/10/2021      NZD      65.02
MUNI FINANCE PLC          0.500   12/21/2021      NZD      64.74
MUNI FINANCE PLC          0.500    4/26/2022      ZAR      54.99
MUNI FINANCE PLC          0.500   11/17/2016      ZAR      73.76
MUNI FINANCE PLC          0.500    12/6/2016      TRY      73.05
MUNI FINANCE PLC          0.500   12/21/2016      TRY      72.75
MUNI FINANCE PLC          0.500    2/16/2017      TRY      72.66
MUNI FINANCE PLC          0.500    4/26/2017      ZAR      71.32
MUNI FINANCE PLC          1.000    6/30/2017      ZAR      70.60
MUNI FINANCE PLC          0.500   10/27/2016      ZAR      74.08
MUNI FINANCE PLC          0.500   10/27/2016      TRY      73.41

FRANCE
------
AIR FRANCE-KLM            4.970     4/1/2015      EUR      10.63
ALCATEL-LUCENT            5.000     1/1/2015      EUR       2.78
ALTRAN TECHNOLOG          6.720     1/1/2015      EUR       5.05
ASSYSTEM                  4.000     1/1/2017      EUR      23.00
ATOS ORIGIN SA            2.500     1/1/2016      EUR      55.60
CAISSE CENT IMMO          7.000    5/16/2014      EUR      35.07
CAISSE CENT IMMO          7.000    5/18/2015      EUR      11.01
CAISSE CENT IMMO          7.000    9/10/2015      EUR      13.67
CALYON                    6.000    6/18/2047      EUR      31.46
CAP GEMINI SOGET          3.500     1/1/2014      EUR      38.09
CGG VERITAS               1.750     1/1/2016      EUR      28.90
CLUB MEDITERRANE          5.000     6/8/2012      EUR      14.57
CLUB MEDITERRANE          6.110    11/1/2015      EUR      18.54
CMA CGM                   8.500    4/15/2017      USD      67.00
CMA CGM                   8.875    4/15/2019      EUR      66.16
CMA CGM                   8.875    4/15/2019      EUR      66.00
CMA CGM                   8.500    4/15/2017      USD      66.25
CNP ASSURANCES            6.000    9/14/2040      EUR      74.28
CREDIT LOCAL FRA          3.750    5/26/2020      EUR      51.81
DEXIA CRED LOCAL          4.020    3/13/2017      EUR      69.37
DEXIA CRED LOCAL          4.375    2/12/2019      EUR      54.00
DEXIA CRED LOCAL          4.500    2/25/2020      EUR      56.28
DEXIA CRED LOCAL          4.550     4/2/2020      EUR      56.24
DEXIA CRED LOCAL          5.037     8/4/2020      EUR      57.30
DEXIA CRED LOCAL          4.110    9/18/2018      EUR      60.87
DEXIA MUNI AGNCY          1.000   12/23/2024      EUR      69.71
EURAZEO                   6.250    6/10/2014      EUR      59.21
EUROPCAR GROUPE           9.375    4/15/2018      EUR      76.31
EXANE FINANCE            18.150    5/17/2012      CHF      42.65
FAURECIA                  4.500     1/1/2015      EUR      20.43
GROUPAMA SA               7.875   10/27/2039      EUR      57.81
GROUPE VIAL               2.500     1/1/2014      EUR       2.68
INGENICO                  2.750     1/1/2017      EUR      46.89
MAUREL ET PROM            7.125    7/31/2014      EUR      18.16
MAUREL ET PROM            7.125    7/31/2015      EUR      16.61
NEXANS SA                 2.500     1/1/2019      EUR      64.60
NEXANS SA                 4.000     1/1/2016      EUR      55.31
NOVASEP HLDG              9.750   12/15/2016      USD      48.25
NOVASEP HLDG              9.625   12/15/2016      EUR      49.50
NOVASEP HLDG              9.750   12/15/2016      USD      48.25
NOVASEP HLDG              9.625   12/15/2016      EUR      49.50
ORPEA                     3.875     1/1/2016      EUR      44.44
PEUGEOT SA                4.450     1/1/2016      EUR      24.27
PIERRE VACANCES           4.000    10/1/2015      EUR      74.17
PUBLICIS GROUPE           3.125    7/30/2014      EUR      37.90
PUBLICIS GROUPE           1.000    1/18/2018      EUR      51.46
SOC AIR FRANCE            2.750     4/1/2020      EUR      20.84
SOCIETE GENERALE          0.500    12/6/2021      AUD      48.47
SOCIETE GENERALE          0.500     9/7/2021      AUD      49.45
SOITEC                    6.250     9/9/2014      EUR       8.14
TEM                       4.250     1/1/2015      EUR      53.22

GERMANY
-------
BAYERISCHE LNDBK          5.500    6/29/2012      EUR      55.51
BAYERISCHE LNDBK          5.800    7/13/2012      EUR      51.44
BAYERISCHE LNDBK          6.100    6/15/2012      EUR      36.42
BAYERISCHE LNDBK          5.100    6/29/2012      EUR      50.38
BAYERISCHE LNDBK          3.200    10/1/2012      EUR      30.49
BHF-BANK AG               7.250    6/15/2012      EUR      59.85
BHF-BANK AG              13.200     6/8/2012      EUR      42.35
BNP EMIS-U.HANDE         11.000    6/21/2012      EUR      59.01
BNP EMIS-U.HANDE         11.500    6/21/2012      EUR      44.70
BNP EMIS-U.HANDE         11.750    6/21/2012      EUR      37.71
BNP EMIS-U.HANDE         11.750    6/21/2012      EUR      63.94
BNP EMIS-U.HANDE         13.500    6/21/2012      EUR      42.31
BNP EMIS-U.HANDE         13.750    6/21/2012      EUR      46.44
BNP EMIS-U.HANDE         12.000    6/21/2012      EUR      68.44
BNP EMIS-U.HANDE         15.000    6/21/2012      EUR      54.89
BNP EMIS-U.HANDE         15.500    6/21/2012      EUR      18.14
BNP EMIS-U.HANDE         16.000    6/21/2012      EUR      16.46
BNP EMIS-U.HANDE         18.250    6/21/2012      EUR       7.66
BNP EMIS-U.HANDE         19.250    6/21/2012      EUR      10.00
BNP EMIS-U.HANDE         14.250    6/21/2012      EUR      38.98
BNP EMIS-U.HANDE          6.000    7/26/2012      EUR      62.47
BNP EMIS-U.HANDE          6.000    7/26/2012      EUR      40.78
BNP EMIS-U.HANDE          6.000    7/26/2012      EUR      37.22
BNP EMIS-U.HANDE          6.000    7/26/2012      EUR      73.60
BNP EMIS-U.HANDE          6.500    7/26/2012      EUR      53.23
BNP EMIS-U.HANDE          6.500    7/26/2012      EUR      70.46
BNP EMIS-U.HANDE          7.000    7/26/2012      EUR      60.39
BNP EMIS-U.HANDE          7.000    7/26/2012      EUR      51.33
BNP EMIS-U.HANDE          7.000    7/26/2012      EUR      26.22
BNP EMIS-U.HANDE          7.000    7/26/2012      EUR      21.93
BNP EMIS-U.HANDE          8.000    7/26/2012      EUR      70.62
BNP EMIS-U.HANDE          8.000    7/26/2012      EUR      71.21
BNP EMIS-U.HANDE          8.000    7/26/2012      EUR      47.31
BNP EMIS-U.HANDE          8.000    7/26/2012      EUR      34.75
BNP EMIS-U.HANDE          8.500    7/26/2012      EUR      66.42
BNP EMIS-U.HANDE          9.000    7/26/2012      EUR      57.09
BNP EMIS-U.HANDE          9.000    7/26/2012      EUR      52.65
BNP EMIS-U.HANDE          9.000    7/26/2012      EUR      45.78
BNP EMIS-U.HANDE          9.000    7/26/2012      EUR      36.40
BNP EMIS-U.HANDE          9.000    7/26/2012      EUR      66.25
BNP EMIS-U.HANDE          9.000    7/26/2012      EUR      33.54
BNP EMIS-U.HANDE         10.000    7/26/2012      EUR      44.81
BNP EMIS-U.HANDE         10.000    7/26/2012      EUR      53.88
BNP EMIS-U.HANDE         10.000    7/26/2012      EUR      47.24
BNP EMIS-U.HANDE          8.500   12/28/2012      EUR      68.15
BNP EMIS-U.HANDE          9.750   12/28/2012      EUR      69.01
BNP EMIS-U.HANDE         10.500   12/28/2012      EUR      59.06
BNP EMIS-U.HANDE          7.750   12/31/2012      EUR      54.89
BNP EMIS-U.HANDE          9.500   12/31/2012      EUR      66.73
BNP EMIS-U.HANDE          6.000    7/26/2012      EUR      37.75
BNP EMIS-U.HANDE          5.250    5/24/2012      EUR      60.87
BNP EMIS-U.HANDE          7.000    5/24/2012      EUR      43.79
BNP EMIS-U.HANDE          6.500    6/21/2012      EUR      74.17
BNP EMIS-U.HANDE          6.750    6/21/2012      EUR      63.26
BNP EMIS-U.HANDE          7.000    6/21/2012      EUR      74.41
BNP EMIS-U.HANDE          7.000    6/21/2012      EUR      64.17
BNP EMIS-U.HANDE          7.250    6/21/2012      EUR      64.97
BNP EMIS-U.HANDE          7.500    6/21/2012      EUR      59.04
BNP EMIS-U.HANDE          7.500    6/21/2012      EUR      71.54
BNP EMIS-U.HANDE          7.750    6/21/2012      EUR      70.58
BNP EMIS-U.HANDE          7.750    6/21/2012      EUR      72.22
BNP EMIS-U.HANDE          7.750    6/21/2012      EUR      52.16
BNP EMIS-U.HANDE          8.250    6/21/2012      EUR      63.63
BNP EMIS-U.HANDE          8.250    6/21/2012      EUR      69.87
BNP EMIS-U.HANDE          8.250    6/21/2012      EUR      72.09
BNP EMIS-U.HANDE          8.250    6/21/2012      EUR      60.35
BNP EMIS-U.HANDE          8.500    6/21/2012      EUR      64.39
BNP EMIS-U.HANDE          8.500    6/21/2012      EUR      67.58
BNP EMIS-U.HANDE          8.500    6/21/2012      EUR      64.94
BNP EMIS-U.HANDE          8.500    6/21/2012      EUR      65.74
BNP EMIS-U.HANDE          9.000    6/21/2012      EUR      64.40
BNP EMIS-U.HANDE          9.250    6/21/2012      EUR      51.17
BNP EMIS-U.HANDE          9.250    6/21/2012      EUR      41.04
BNP EMIS-U.HANDE          9.250    6/21/2012      EUR      69.99
BNP EMIS-U.HANDE          9.500    6/21/2012      EUR      53.09
BNP EMIS-U.HANDE          9.500    6/21/2012      EUR      72.52
BNP EMIS-U.HANDE         10.000    6/21/2012      EUR      55.69
BNP EMIS-U.HANDE         10.000    6/21/2012      EUR      73.20
BNP EMIS-U.HANDE         10.250    6/21/2012      EUR      58.01
BNP EMIS-U.HANDE         10.250    6/21/2012      EUR      50.03
BNP EMIS-U.HANDE         10.500    6/21/2012      EUR      65.91
BNP EMIS-U.HANDE         10.500    6/21/2012      EUR      44.59
BNP EMIS-U.HANDE         10.500    6/21/2012      EUR      54.67
BNP EMIS-U.HANDE         11.000    6/21/2012      EUR      33.24
COMMERZBANK AG            7.250     5/7/2012      EUR      41.77
COMMERZBANK AG            7.250     5/7/2012      EUR      63.98
COMMERZBANK AG            8.750   12/17/2012      EUR      73.61
COMMERZBANK AG            8.000    11/5/2012      EUR      48.21
COMMERZBANK AG            6.000   12/27/2012      EUR      73.52
COMMERZBANK AG            8.000   12/27/2012      EUR      48.68
COMMERZBANK AG            7.000   12/27/2012      EUR      63.44
COMMERZBANK AG           14.000     8/5/2013      EUR      71.69
COMMERZBANK AG           18.500    3/21/2013      EUR      74.98
COMMERZBANK AG            8.000     5/7/2012      EUR      45.32
COMMERZBANK AG            8.400   12/30/2013      EUR      17.82
COMMERZBANK AG            9.000     6/4/2012      EUR      71.11
COMMERZBANK AG            5.000    3/30/2018      EUR      35.13
COMMERZBANK AG            8.000     6/4/2012      EUR      62.12
COMMERZBANK AG           21.000    6/22/2012      EUR      72.46
COMMERZBANK AG           16.000    6/22/2012      EUR      47.04
COMMERZBANK AG           10.000   10/29/2012      EUR      68.13
COMMERZBANK AG            9.000   10/29/2012      EUR       9.20
COMMERZBANK AG            8.500   12/17/2012      EUR      60.31
COMMERZBANK AG           10.000    11/5/2012      EUR      57.78
COMMERZBANK AG            9.000    10/1/2012      EUR      57.17
COMMERZBANK AG           11.500    11/5/2012      EUR      56.98
COMMERZBANK AG            8.750    6/21/2012      EUR      58.92
COMMERZBANK AG           11.500    6/22/2012      EUR      51.72
COMMERZBANK AG            8.250    10/1/2012      EUR      70.63
COMMERZBANK AG            8.500   10/29/2012      EUR      68.65
COMMERZBANK AG            8.250     7/6/2012      EUR      72.92
COMMERZBANK AG           10.500     7/6/2012      EUR      56.33
COMMERZBANK AG            8.000    6/22/2012      EUR      51.55
COMMERZBANK AG            8.000    6/22/2012      EUR      67.11
COMMERZBANK AG           18.000    6/21/2012      EUR      71.40
COMMERZBANK AG           10.000    10/1/2012      EUR      73.99
COMMERZBANK AG           11.500     7/6/2012      EUR       7.09
COMMERZBANK AG           12.000     7/6/2012      EUR      74.90
COMMERZBANK AG            8.500     8/3/2012      EUR      51.10
COMMERZBANK AG            9.000     8/3/2012      EUR      65.26
COMMERZBANK AG            7.700    9/28/2012      EUR      54.95
DEUTSCHE BANK AG          7.000    6/29/2012      EUR      59.30
DEUTSCHE BANK AG          7.000    5/31/2012      EUR      54.70
DEUTSCHE BANK AG         10.000    5/31/2012      EUR      74.60
DEUTSCHE BANK AG          8.000    5/31/2012      EUR      71.10
DEUTSCHE BANK AG         10.000    5/31/2012      EUR      50.70
DEUTSCHE BANK AG          7.000    6/29/2012      EUR      54.10
DEUTSCHE BANK AG         12.000   12/20/2012      EUR      73.20
DEUTSCHE BANK AG         15.000   12/20/2012      EUR      69.80
DEUTSCHE BANK AG         10.000    5/31/2012      EUR      66.10
DEUTSCHE BANK AG         15.000    2/20/2013      EUR      68.10
DEUTSCHE BANK AG         15.000    2/20/2013      EUR      74.80
DEUTSCHE BANK AG         10.000    5/31/2012      EUR      67.70
DEUTSCHE BANK AG         15.000    2/20/2013      EUR      72.40
DEUTSCHE BANK AG         15.000    2/20/2013      EUR      70.20
DEUTSCHE BANK AG         10.000    6/29/2012      EUR      62.40
DEUTSCHE BANK AG         14.000    6/20/2012      EUR      59.30
DEUTSCHE BANK AG          7.000    6/29/2012      EUR      58.50
DEUTSCHE BANK AG         10.000    5/31/2012      EUR      50.00
DEUTSCHE BANK AG         11.000    5/31/2012      EUR      74.10
DEUTSCHE BANK AG         10.000    6/20/2012      EUR      69.20
DEUTSCHE BANK AG          8.000    7/31/2012      EUR      64.80
DEUTSCHE BANK AG          8.000    7/31/2012      EUR      60.20
DEUTSCHE BANK AG          8.000    7/31/2012      EUR      71.30
DEUTSCHE BANK AG          9.000    7/31/2012      EUR      71.10
DEUTSCHE BANK AG         10.000    7/31/2012      EUR      60.50
DEUTSCHE BANK AG         10.000    7/31/2012      EUR      65.30
DEUTSCHE BANK AG         10.000    7/31/2012      EUR      69.30
DEUTSCHE BANK AG         10.000    7/31/2012      EUR      56.70
DEUTSCHE BANK AG         10.000    7/31/2012      EUR      59.00
DEUTSCHE BANK AG         11.000    7/31/2012      EUR      73.80
DEUTSCHE BANK AG         13.000    7/31/2012      EUR      70.10
DEUTSCHE BANK AG         13.000    7/31/2012      EUR      74.30
DEUTSCHE BANK AG          8.000     8/6/2012      EUR      74.20
DEUTSCHE BANK AG         13.000    9/28/2012      EUR      74.30
DEUTSCHE BANK AG         10.000   10/31/2012      EUR      74.90
DEUTSCHE BANK AG         12.000   10/31/2012      EUR      72.60
DEUTSCHE BANK AG          9.000   11/29/2012      EUR      72.80
DEUTSCHE BANK AG         12.000   11/29/2012      EUR      72.50
DEUTSCHE BANK AG          8.000   12/20/2012      EUR      44.10
DEUTSCHE BANK AG          8.000   12/20/2012      EUR      65.40
DEUTSCHE BANK AG          8.000    6/29/2012      EUR      68.30
DEUTSCHE BANK AG          8.000    6/29/2012      EUR      55.30
DEUTSCHE BANK AG          8.000    6/29/2012      EUR      55.60
DEUTSCHE BANK AG         10.000    6/29/2012      EUR      51.90
DEUTSCHE BANK AG         10.000    6/29/2012      EUR      72.50
DEUTSCHE BANK AG         10.000    6/29/2012      EUR      54.30
DEUTSCHE BANK AG          8.000    6/29/2012      EUR      52.00
DEUTSCHE BANK AG         10.000    6/29/2012      EUR      65.90
DEUTSCHE BANK AG          7.000    5/31/2012      EUR      71.60
DEUTSCHE BANK AG          7.000    5/31/2012      EUR      75.00
DEUTSCHE BANK AG          7.000    5/31/2012      EUR      54.20
DEUTSCHE BANK AG          7.000    5/31/2012      EUR      58.80
DEUTSCHE BANK AG         10.000    6/29/2012      EUR      49.80
DEUTSCHE BANK AG          8.000    6/29/2012      EUR      65.00
DEUTSCHE BANK AG          7.000    7/31/2012      EUR      61.40
DEUTSCHE BANK AG          7.000    7/31/2012      EUR      74.20
DEUTSCHE BANK AG         11.000    6/29/2012      EUR      74.20
DEUTSCHE BANK AG          8.000    5/31/2012      EUR      54.90
DEUTSCHE BANK AG         10.000    5/31/2012      EUR      51.40
DEUTSCHE BANK AG         12.000   12/20/2012      EUR      49.80
DEUTSCHE BANK AG          8.000    5/31/2012      EUR      51.50
DEUTSCHE BANK AG          8.000    5/31/2012      EUR      68.70
DEUTSCHE BANK AG          8.000    5/31/2012      EUR      52.40
DEUTSCHE BANK AG          7.000    6/29/2012      EUR      67.60
DEUTSCHE BANK AG          7.000    6/29/2012      EUR      71.00
DEUTSCHE BANK AG          7.000    7/31/2012      EUR      63.30
DEUTSCHE BANK AG          7.000    7/31/2012      EUR      70.00
DEUTSCHE BANK AG          7.000    7/31/2012      EUR      67.20
DEUTSCHE BANK AG          8.000    7/31/2012      EUR      74.70
DEUTSCHE BANK AG          8.000    7/31/2012      EUR      59.20
DEUTSCHE BANK AG          8.000    7/31/2012      EUR      67.40
DRESDNER BANK AG          5.700    7/31/2023      EUR      72.25
DZ BANK AG                5.900   10/12/2012      EUR      74.68
DZ BANK AG                8.300    10/5/2012      EUR      58.30
DZ BANK AG                5.700    10/5/2012      EUR      62.04
DZ BANK AG                4.500    10/5/2012      EUR      64.27
DZ BANK AG               22.000    9/28/2012      EUR      66.84
DZ BANK AG               14.750    9/28/2012      EUR      62.80
DZ BANK AG               11.000    9/28/2012      EUR      72.33
DZ BANK AG               19.500    9/14/2012      EUR      67.53
DZ BANK AG               10.500    9/14/2012      EUR      51.73
DZ BANK AG               10.250    9/14/2012      EUR      72.24
DZ BANK AG                9.250    5/11/2012      EUR      61.10
DZ BANK AG               17.000    5/25/2012      EUR      67.52
DZ BANK AG               18.000    5/25/2012      EUR      72.27
DZ BANK AG                8.000     6/7/2012      EUR      68.68
DZ BANK AG               12.000     6/7/2012      EUR      74.62
DZ BANK AG               16.000     6/7/2012      EUR      68.46
DZ BANK AG                5.000     6/8/2012      EUR      69.77
DZ BANK AG                6.000     6/8/2012      EUR      59.75
DZ BANK AG                6.750     6/8/2012      EUR      50.87
DZ BANK AG                7.500     6/8/2012      EUR      61.48
DZ BANK AG                7.750     6/8/2012      EUR      67.90
DZ BANK AG                8.000     6/8/2012      EUR      68.59
DZ BANK AG                8.000     6/8/2012      EUR      67.40
DZ BANK AG                8.250     6/8/2012      EUR      69.76
DZ BANK AG                8.250     6/8/2012      EUR      74.63
DZ BANK AG                8.750     6/8/2012      EUR      67.94
DZ BANK AG                9.000     6/8/2012      EUR      54.65
DZ BANK AG                9.250     6/8/2012      EUR      52.68
DZ BANK AG                9.500     6/8/2012      EUR      70.30
DZ BANK AG                9.750     6/8/2012      EUR      71.88
DZ BANK AG                9.750     6/8/2012      EUR      68.12
DZ BANK AG               10.000     6/8/2012      EUR      74.79
DZ BANK AG               10.500     6/8/2012      EUR      45.56
DZ BANK AG               10.750     6/8/2012      EUR      70.36
DZ BANK AG               11.250     6/8/2012      EUR      49.18
DZ BANK AG               12.250     6/8/2012      EUR      69.71
DZ BANK AG                8.000    6/11/2012      EUR      63.95
DZ BANK AG                4.000    6/20/2012      EUR      63.05
DZ BANK AG               10.900    6/21/2012      EUR      74.00
DZ BANK AG                5.250    6/22/2012      EUR      63.09
DZ BANK AG                5.500    6/22/2012      EUR      71.18
DZ BANK AG                5.500    6/22/2012      EUR      71.75
DZ BANK AG                6.250    6/22/2012      EUR      70.45
DZ BANK AG                6.250    6/22/2012      EUR      60.06
DZ BANK AG                6.250    6/22/2012      EUR      74.69
DZ BANK AG                6.750    6/22/2012      EUR      68.85
DZ BANK AG                7.000    6/22/2012      EUR      70.06
DZ BANK AG                7.000    6/22/2012      EUR      74.78
DZ BANK AG                7.250    6/22/2012      EUR      66.78
DZ BANK AG                7.250    6/22/2012      EUR      68.93
DZ BANK AG                7.500    6/22/2012      EUR      66.38
DZ BANK AG                7.750    6/22/2012      EUR      68.15
DZ BANK AG                8.000    6/22/2012      EUR      38.07
DZ BANK AG                8.250    6/22/2012      EUR      69.28
DZ BANK AG                8.250    6/22/2012      EUR      70.51
DZ BANK AG                8.500    6/22/2012      EUR      74.70
DZ BANK AG                8.500    6/22/2012      EUR      68.20
DZ BANK AG                8.750    6/22/2012      EUR      64.03
DZ BANK AG                8.750    6/22/2012      EUR      68.27
DZ BANK AG                9.000    6/22/2012      EUR      26.76
DZ BANK AG                9.000    6/22/2012      EUR      49.23
DZ BANK AG                9.000    6/22/2012      EUR      72.16
DZ BANK AG                9.750    6/22/2012      EUR      70.89
DZ BANK AG                9.750    6/22/2012      EUR      65.15
DZ BANK AG                9.750    6/22/2012      EUR      66.00
DZ BANK AG                9.750    6/22/2012      EUR      50.98
DZ BANK AG                9.750    6/22/2012      EUR      73.23
DZ BANK AG               10.000    6/22/2012      EUR      64.68
DZ BANK AG               10.000    6/22/2012      EUR      59.62
DZ BANK AG               10.000    6/22/2012      EUR      62.10
DZ BANK AG               10.500    6/22/2012      EUR      34.60
DZ BANK AG               10.500    6/22/2012      EUR      68.06
DZ BANK AG               10.750    6/22/2012      EUR      69.34
DZ BANK AG               10.750    6/22/2012      EUR      49.29
DZ BANK AG               11.000    6/22/2012      EUR      34.44
DZ BANK AG               11.000    6/22/2012      EUR      47.75
DZ BANK AG               11.250    6/22/2012      EUR      41.09
DZ BANK AG               11.750    6/22/2012      EUR      67.76
DZ BANK AG               11.750    6/22/2012      EUR      74.82
DZ BANK AG               11.750    6/22/2012      EUR      42.30
DZ BANK AG               11.750    6/22/2012      EUR      44.01
DZ BANK AG               12.000    6/22/2012      EUR      45.25
DZ BANK AG               13.000    6/22/2012      EUR      37.70
DZ BANK AG               13.750    6/22/2012      EUR      69.75
DZ BANK AG               13.750    6/22/2012      EUR      55.86
DZ BANK AG               16.000    6/22/2012      EUR       8.81
DZ BANK AG               21.000    6/22/2012      EUR      74.04
DZ BANK AG                7.000    7/11/2012      EUR      68.80
DZ BANK AG                7.000    7/11/2012      EUR      70.41
DZ BANK AG                5.000    7/13/2012      EUR      65.64
DZ BANK AG                6.000    7/13/2012      EUR      70.09
DZ BANK AG                6.200    7/13/2012      EUR      72.64
DZ BANK AG                6.750    7/13/2012      EUR      67.93
DZ BANK AG                7.000    7/13/2012      EUR      64.42
DZ BANK AG                7.250    7/13/2012      EUR      63.07
DZ BANK AG                7.250    7/13/2012      EUR      72.35
DZ BANK AG                7.250    7/13/2012      EUR      72.35
DZ BANK AG                7.500    7/13/2012      EUR      49.88
DZ BANK AG                8.250    7/13/2012      EUR      66.93
DZ BANK AG                8.500    7/13/2012      EUR      51.74
DZ BANK AG                8.500    7/13/2012      EUR      55.09
DZ BANK AG                9.250    7/13/2012      EUR      64.69
DZ BANK AG                9.500    7/13/2012      EUR      70.71
DZ BANK AG               10.250    7/13/2012      EUR      68.92
DZ BANK AG               12.500    7/13/2012      EUR      56.04
DZ BANK AG                6.000    7/27/2012      EUR      71.61
DZ BANK AG                6.500    7/27/2012      EUR      63.25
DZ BANK AG                7.500    7/27/2012      EUR      68.81
DZ BANK AG                8.000    7/27/2012      EUR      52.74
DZ BANK AG                8.000    7/27/2012      EUR      65.14
DZ BANK AG                9.000    7/27/2012      EUR      70.10
DZ BANK AG                9.250    7/27/2012      EUR      70.01
DZ BANK AG                9.250    7/27/2012      EUR      73.05
DZ BANK AG                9.800    7/27/2012      EUR      65.42
DZ BANK AG               10.000    7/27/2012      EUR      57.51
DZ BANK AG               10.500    7/27/2012      EUR      60.64
DZ BANK AG               10.750    7/27/2012      EUR      48.99
DZ BANK AG               11.250    7/27/2012      EUR      74.38
DZ BANK AG               11.250    7/27/2012      EUR      58.69
DZ BANK AG               11.500    7/27/2012      EUR      49.98
DZ BANK AG               11.750    7/27/2012      EUR      62.09
DZ BANK AG               12.000    7/27/2012      EUR      72.81
DZ BANK AG               12.000    7/27/2012      EUR      63.40
DZ BANK AG               12.250    7/27/2012      EUR      73.43
DZ BANK AG               12.500    7/27/2012      EUR      64.43
DZ BANK AG               14.750    7/27/2012      EUR      67.39
DZ BANK AG               15.000    7/27/2012      EUR      46.02
DZ BANK AG               15.250    7/27/2012      EUR      53.95
DZ BANK AG                5.000    8/10/2012      EUR      68.48
DZ BANK AG                9.500    8/10/2012      EUR      72.36
DZ BANK AG               21.250    8/10/2012      EUR      60.50
DZ BANK AG               10.750    8/24/2012      EUR      58.85
DZ BANK AG               12.000    8/24/2012      EUR      74.80
DZ BANK AG               16.500    8/24/2012      EUR      69.75
DZ BANK AG               18.000    8/24/2012      EUR      72.45
DZ BANK AG               21.000    8/24/2012      EUR      71.82
DZ BANK AG               21.250    8/24/2012      EUR      74.44
DZ BANK AG                5.000    9/14/2012      EUR      56.36
DZ BANK AG                6.000    9/14/2012      EUR      72.91
DZ BANK AG                6.250    9/14/2012      EUR      57.41
DZ BANK AG                7.250    9/14/2012      EUR      69.72
DZ BANK AG                7.500    9/14/2012      EUR      63.44
DZ BANK AG                8.000    9/14/2012      EUR      53.01
DZ BANK AG                8.250    9/14/2012      EUR      71.66
DZ BANK AG                8.500    9/14/2012      EUR      56.57
DZ BANK AG                9.500    9/14/2012      EUR      73.81
DZ BANK AG                9.500    9/14/2012      EUR      74.90
DZ BANK AG               10.000    9/14/2012      EUR      71.52
DZ BANK AG                5.000    6/22/2018      EUR      58.65
DZ BANK AG                5.270    6/24/2013      EUR      18.00
DZ BANK AG                5.000    6/24/2013      EUR      18.00
DZ BANK AG               11.500    4/26/2013      EUR      66.45
DZ BANK AG               11.250    3/22/2013      EUR      72.87
DZ BANK AG                5.410    3/22/2013      EUR      17.90
DZ BANK AG                5.000    3/22/2013      EUR      74.50
DZ BANK AG                5.000    3/22/2013      EUR      18.00
DZ BANK AG                5.000    3/22/2013      EUR      17.90
DZ BANK AG               13.750     3/8/2013      EUR      66.92
DZ BANK AG               15.000    2/22/2013      EUR      74.41
DZ BANK AG               14.000    2/22/2013      EUR      69.16
DZ BANK AG               15.500     2/8/2013      EUR      68.78
DZ BANK AG               14.000    1/25/2013      EUR      73.36
DZ BANK AG                7.000   10/12/2012      EUR      51.50
DZ BANK AG                7.000   10/12/2012      EUR      66.50
DZ BANK AG               10.000    9/14/2012      EUR      71.93
DZ BANK AG               12.500    1/25/2013      EUR      65.16
DZ BANK AG               15.500    1/11/2013      EUR      66.34
DZ BANK AG               14.250    1/11/2013      EUR      65.72
DZ BANK AG               14.000    1/11/2013      EUR      60.26
DZ BANK AG               12.000     1/2/2013      EUR      72.38
DZ BANK AG                6.000     1/2/2013      EUR      61.86
DZ BANK AG                5.000   12/21/2012      EUR      73.70
DZ BANK AG                5.850    9/14/2012      EUR      61.86
DZ BANK AG                3.850   12/21/2012      EUR      17.80
DZ BANK AG                5.000   12/14/2012      EUR      69.70
DZ BANK AG               10.000   11/23/2012      EUR      64.92
DZ BANK AG               16.000   10/26/2012      EUR      72.20
DZ BANK AG               11.000   10/12/2012      EUR      63.42
DZ BANK AG                9.500   10/12/2012      EUR      69.93
DZ BANK AG                8.000   10/12/2012      EUR      52.14
ESCADA AG                 7.500     4/1/2012      EUR       8.57
EUROHYPO AG               3.830    9/21/2020      EUR      71.75
GOTHAER ALLG VER          5.527    9/29/2026      EUR      73.52
HECKLER & KOCH            9.500    5/15/2018      EUR      67.38
HECKLER & KOCH            9.500    5/15/2018      EUR      68.39
HSBC TRINKAUS            25.500    6/28/2013      EUR      72.54
HSBC TRINKAUS            22.500    6/28/2013      EUR      73.00
HSBC TRINKAUS            12.000    6/22/2012      EUR      53.60
HSBC TRINKAUS            26.000    6/28/2013      EUR      63.60
HSBC TRINKAUS            27.500    3/22/2013      EUR      62.85
HSBC TRINKAUS            30.000    6/28/2013      EUR      63.94
HSBC TRINKAUS            13.000    3/22/2013      EUR      73.56
HSBC TRINKAUS            29.500    9/28/2012      EUR      71.87
HSBC TRINKAUS            25.000    9/28/2012      EUR      73.30
HSBC TRINKAUS            19.000    9/28/2012      EUR      74.33
HSBC TRINKAUS            21.000    3/22/2013      EUR      71.61
HSBC TRINKAUS            15.500    9/28/2012      EUR      69.92
HSBC TRINKAUS            27.000    3/22/2013      EUR      73.35
L-BANK FOERDERBK          0.500    5/10/2027      CAD      52.07
LANDESBK BERLIN           5.500   12/23/2013      EUR      72.95
LANDESBK BERLIN           7.000    5/23/2012      EUR      73.90
LB BADEN-WUERTT           2.800    2/23/2037      JPY      58.04
LB BADEN-WUERTT           5.250   10/20/2015      EUR      26.16
LB BADEN-WUERTT           9.000    8/23/2013      EUR      73.37
LB BADEN-WUERTT           7.000    8/23/2013      EUR      74.97
LB BADEN-WUERTT          10.000    6/28/2013      EUR      70.49
LB BADEN-WUERTT           7.500    6/28/2013      EUR      71.46
LB BADEN-WUERTT           5.000    6/28/2013      EUR      70.70
LB BADEN-WUERTT          15.000    3/22/2013      EUR      73.27
LB BADEN-WUERTT          12.000    3/22/2013      EUR      72.47
LB BADEN-WUERTT          15.000    2/22/2013      EUR      67.55
LB BADEN-WUERTT          10.000    1/25/2013      EUR      74.72
LB BADEN-WUERTT          10.000    1/25/2013      EUR      26.31
LB BADEN-WUERTT          10.000    1/25/2013      EUR      67.30
LB BADEN-WUERTT          10.000    1/25/2013      EUR      66.83
LB BADEN-WUERTT          10.000    1/25/2013      EUR      61.89
LB BADEN-WUERTT          10.000    1/25/2013      EUR      71.76
LB BADEN-WUERTT          10.000    1/25/2013      EUR      69.98
LB BADEN-WUERTT           7.500    1/25/2013      EUR      73.66
LB BADEN-WUERTT           7.500    1/25/2013      EUR      74.86
LB BADEN-WUERTT           7.500    1/25/2013      EUR      74.91
LB BADEN-WUERTT           7.500    1/25/2013      EUR      71.75
LB BADEN-WUERTT           7.500    1/25/2013      EUR      67.70
LB BADEN-WUERTT           7.500    1/25/2013      EUR      71.10
LB BADEN-WUERTT           7.500    1/25/2013      EUR      26.87
LB BADEN-WUERTT           5.000    1/25/2013      EUR      71.89
LB BADEN-WUERTT           5.000    1/25/2013      EUR      28.63
LB BADEN-WUERTT          10.000     1/4/2013      EUR      44.64
LB BADEN-WUERTT          10.000     1/4/2013      EUR      55.99
LB BADEN-WUERTT          10.000     1/4/2013      EUR      20.98
LB BADEN-WUERTT          10.000     1/4/2013      EUR      71.25
LB BADEN-WUERTT          10.000     1/4/2013      EUR      69.43
LB BADEN-WUERTT          10.000     1/4/2013      EUR      65.09
LB BADEN-WUERTT          10.000     1/4/2013      EUR      55.57
LB BADEN-WUERTT          10.000     1/4/2013      EUR      71.19
LB BADEN-WUERTT          10.000     1/4/2013      EUR      64.46
LB BADEN-WUERTT           7.500     1/4/2013      EUR      69.43
LB BADEN-WUERTT           7.500     1/4/2013      EUR      60.85
LB BADEN-WUERTT           7.500     1/4/2013      EUR      46.83
LB BADEN-WUERTT           7.500     1/4/2013      EUR      67.79
LB BADEN-WUERTT           7.500     1/4/2013      EUR      62.82
LB BADEN-WUERTT           7.500     1/4/2013      EUR      74.50
LB BADEN-WUERTT           7.500     1/4/2013      EUR      20.84
LB BADEN-WUERTT           7.500     1/4/2013      EUR      58.72
LB BADEN-WUERTT           5.000     1/4/2013      EUR      66.24
LB BADEN-WUERTT           5.000     1/4/2013      EUR      61.18
LB BADEN-WUERTT           5.000     1/4/2013      EUR      52.88
LB BADEN-WUERTT           5.000     1/4/2013      EUR      21.89
LB BADEN-WUERTT           5.000     1/4/2013      EUR      66.37
LB BADEN-WUERTT           5.000     1/4/2013      EUR      67.50
LB BADEN-WUERTT          15.000   11/23/2012      EUR      55.83
LB BADEN-WUERTT          10.000   11/23/2012      EUR      67.52
LB BADEN-WUERTT          10.000   11/23/2012      EUR      72.13
LB BADEN-WUERTT          10.000   11/23/2012      EUR      72.89
LB BADEN-WUERTT          10.000   11/23/2012      EUR      63.13
LB BADEN-WUERTT          10.000   11/23/2012      EUR      63.80
LB BADEN-WUERTT          10.000   11/23/2012      EUR      19.82
LB BADEN-WUERTT          10.000   11/23/2012      EUR      55.15
LB BADEN-WUERTT          10.000   11/23/2012      EUR      67.59
LB BADEN-WUERTT          10.000   11/23/2012      EUR      48.01
LB BADEN-WUERTT          10.000   11/23/2012      EUR      48.32
LB BADEN-WUERTT          10.000   11/23/2012      EUR      58.65
LB BADEN-WUERTT          10.000   11/23/2012      EUR      59.90
LB BADEN-WUERTT           7.500   11/23/2012      EUR      72.43
LB BADEN-WUERTT           7.500   11/23/2012      EUR      51.87
LB BADEN-WUERTT           7.500   11/23/2012      EUR      70.26
LB BADEN-WUERTT           7.500   11/23/2012      EUR      52.06
LB BADEN-WUERTT           7.500   11/23/2012      EUR      72.56
LB BADEN-WUERTT           7.500   11/23/2012      EUR      69.23
LB BADEN-WUERTT           7.500   11/23/2012      EUR      60.69
LB BADEN-WUERTT           7.500   11/23/2012      EUR      20.21
LB BADEN-WUERTT           7.500   11/23/2012      EUR      65.05
LB BADEN-WUERTT           7.500   11/23/2012      EUR      63.07
LB BADEN-WUERTT           5.000   11/23/2012      EUR      21.26
LB BADEN-WUERTT           5.000   11/23/2012      EUR      73.34
LB BADEN-WUERTT           5.000   11/23/2012      EUR      58.18
LB BADEN-WUERTT           5.000   11/23/2012      EUR      68.96
LB BADEN-WUERTT           5.000   11/23/2012      EUR      58.95
LB BADEN-WUERTT           5.000   11/23/2012      EUR      70.31
LB BADEN-WUERTT          10.000   10/26/2012      EUR       9.60
LB BADEN-WUERTT          10.000   10/26/2012      EUR      74.70
LB BADEN-WUERTT          10.000   10/26/2012      EUR      49.96
LB BADEN-WUERTT          10.000   10/26/2012      EUR      52.48
LB BADEN-WUERTT          10.000   10/26/2012      EUR      68.05
LB BADEN-WUERTT          10.000   10/26/2012      EUR      59.13
LB BADEN-WUERTT          10.000   10/26/2012      EUR      69.11
LB BADEN-WUERTT          10.000   10/26/2012      EUR      50.99
LB BADEN-WUERTT          10.000   10/26/2012      EUR      74.90
LB BADEN-WUERTT          10.000   10/26/2012      EUR      18.92
LB BADEN-WUERTT           7.500   10/26/2012      EUR      54.69
LB BADEN-WUERTT           7.500   10/26/2012      EUR       9.36
LB BADEN-WUERTT           7.500   10/26/2012      EUR      63.74
LB BADEN-WUERTT           7.500   10/26/2012      EUR      19.42
LB BADEN-WUERTT           7.500   10/26/2012      EUR      73.03
LB BADEN-WUERTT           7.500   10/26/2012      EUR      53.48
LB BADEN-WUERTT           7.500   10/26/2012      EUR      74.65
LB BADEN-WUERTT           7.500   10/26/2012      EUR      57.92
LB BADEN-WUERTT           5.000   10/26/2012      EUR      62.14
LB BADEN-WUERTT           5.000   10/26/2012      EUR      70.91
LB BADEN-WUERTT           5.000   10/26/2012      EUR      20.88
LB BADEN-WUERTT           5.000   10/26/2012      EUR      59.57
LB BADEN-WUERTT           5.000   10/26/2012      EUR      67.19
LB BADEN-WUERTT           5.000   10/26/2012      EUR       9.01
LB BADEN-WUERTT           8.000    9/28/2012      EUR      53.56
LB BADEN-WUERTT           8.000    9/28/2012      EUR      64.37
LB BADEN-WUERTT           8.000    9/28/2012      EUR      22.00
LB BADEN-WUERTT           8.000    9/28/2012      EUR      40.76
LB BADEN-WUERTT           8.000    9/28/2012      EUR      68.79
LB BADEN-WUERTT           8.000    9/28/2012      EUR      50.54
LB BADEN-WUERTT           8.000    9/28/2012      EUR      59.07
LB BADEN-WUERTT           6.000    9/28/2012      EUR      24.10
LB BADEN-WUERTT           6.000    9/28/2012      EUR      66.25
LB BADEN-WUERTT           6.000    9/28/2012      EUR      73.13
LB BADEN-WUERTT           6.000    9/28/2012      EUR      44.07
LB BADEN-WUERTT           6.000    9/28/2012      EUR      58.55
LB BADEN-WUERTT           6.000    9/28/2012      EUR      55.08
LB BADEN-WUERTT           5.000    9/28/2012      EUR      74.87
LB BADEN-WUERTT           4.000    9/28/2012      EUR      62.83
LB BADEN-WUERTT           4.000    9/28/2012      EUR      50.70
LB BADEN-WUERTT           4.000    9/28/2012      EUR      28.35
LB BADEN-WUERTT           4.000    9/28/2012      EUR      66.37
LB BADEN-WUERTT          10.000    8/24/2012      EUR      42.06
LB BADEN-WUERTT          10.000    8/24/2012      EUR      66.45
LB BADEN-WUERTT          10.000    8/24/2012      EUR      72.83
LB BADEN-WUERTT          10.000    8/24/2012      EUR      22.40
LB BADEN-WUERTT          10.000    8/24/2012      EUR      66.88
LB BADEN-WUERTT          10.000    8/24/2012      EUR      64.91
LB BADEN-WUERTT          10.000    8/24/2012      EUR      57.71
LB BADEN-WUERTT          10.000    8/24/2012      EUR      67.42
LB BADEN-WUERTT          10.000    8/24/2012      EUR      69.24
LB BADEN-WUERTT          10.000    8/24/2012      EUR      72.33
LB BADEN-WUERTT          10.000    8/24/2012      EUR      59.73
LB BADEN-WUERTT          10.000    8/24/2012      EUR      74.60
LB BADEN-WUERTT          10.000    8/24/2012      EUR      72.34
LB BADEN-WUERTT          10.000    8/24/2012      EUR      56.66
LB BADEN-WUERTT          10.000    8/24/2012      EUR      57.84
LB BADEN-WUERTT          10.000    8/24/2012      EUR      65.75
LB BADEN-WUERTT          10.000    8/24/2012      EUR      42.85
LB BADEN-WUERTT          10.000    8/24/2012      EUR      57.13
LB BADEN-WUERTT           8.000    8/24/2012      EUR      45.59
LB BADEN-WUERTT           8.000    8/24/2012      EUR      69.25
LB BADEN-WUERTT           8.000    8/24/2012      EUR      56.76
LB BADEN-WUERTT           4.000    5/25/2012      EUR      50.60
LB BADEN-WUERTT           4.000    5/25/2012      EUR      65.21
LB BADEN-WUERTT           4.000    5/25/2012      EUR      54.60
LB BADEN-WUERTT           6.000    5/25/2012      EUR      71.38
LB BADEN-WUERTT           6.000    5/25/2012      EUR      40.97
LB BADEN-WUERTT           6.000    5/25/2012      EUR      66.56
LB BADEN-WUERTT           6.000    5/25/2012      EUR      69.11
LB BADEN-WUERTT           6.000    5/25/2012      EUR      74.13
LB BADEN-WUERTT           6.000    5/25/2012      EUR      48.16
LB BADEN-WUERTT           6.000    5/25/2012      EUR      59.14
LB BADEN-WUERTT           8.000    5/25/2012      EUR      37.15
LB BADEN-WUERTT           8.000    5/25/2012      EUR      65.87
LB BADEN-WUERTT           8.000    5/25/2012      EUR      69.65
LB BADEN-WUERTT           8.000    5/25/2012      EUR      43.86
LB BADEN-WUERTT           8.000    5/25/2012      EUR      64.07
LB BADEN-WUERTT           8.000    5/25/2012      EUR      60.24
LB BADEN-WUERTT           8.000    5/25/2012      EUR      54.70
LB BADEN-WUERTT           8.000    5/25/2012      EUR      70.12
LB BADEN-WUERTT           8.000    5/25/2012      EUR      63.30
LB BADEN-WUERTT           8.000    5/25/2012      EUR      71.70
LB BADEN-WUERTT           8.350    5/25/2012      EUR      43.79
LB BADEN-WUERTT           4.000    6/22/2012      EUR      55.74
LB BADEN-WUERTT           4.000    6/22/2012      EUR      35.13
LB BADEN-WUERTT           4.000    6/22/2012      EUR      55.22
LB BADEN-WUERTT           4.000    6/22/2012      EUR      50.94
LB BADEN-WUERTT           5.000    6/22/2012      EUR      52.36
LB BADEN-WUERTT           5.000    6/22/2012      EUR      67.82
LB BADEN-WUERTT           5.000    6/22/2012      EUR      63.66
LB BADEN-WUERTT           5.000    6/22/2012      EUR      74.40
LB BADEN-WUERTT           5.000    6/22/2012      EUR      20.61
LB BADEN-WUERTT           5.000    6/22/2012      EUR      10.32
LB BADEN-WUERTT           5.000    6/22/2012      EUR      71.61
LB BADEN-WUERTT           5.000    6/22/2012      EUR      64.46
LB BADEN-WUERTT           5.000    6/22/2012      EUR      53.81
LB BADEN-WUERTT           5.000    6/22/2012      EUR      68.04
LB BADEN-WUERTT           5.000    6/22/2012      EUR      63.42
LB BADEN-WUERTT           6.000    6/22/2012      EUR      48.65
LB BADEN-WUERTT           6.000    6/22/2012      EUR      45.25
LB BADEN-WUERTT           6.000    6/22/2012      EUR      44.60
LB BADEN-WUERTT           6.000    6/22/2012      EUR      72.36
LB BADEN-WUERTT           6.000    6/22/2012      EUR      30.93
LB BADEN-WUERTT           6.000    6/22/2012      EUR      73.38
LB BADEN-WUERTT           6.000    6/22/2012      EUR      72.70
LB BADEN-WUERTT           6.000    6/22/2012      EUR      74.42
LB BADEN-WUERTT           6.000    6/22/2012      EUR      71.25
LB BADEN-WUERTT           7.500    6/22/2012      EUR      69.94
LB BADEN-WUERTT           7.500    6/22/2012      EUR      57.39
LB BADEN-WUERTT           7.500    6/22/2012      EUR      69.68
LB BADEN-WUERTT           7.500    6/22/2012      EUR      57.65
LB BADEN-WUERTT           7.500    6/22/2012      EUR      65.29
LB BADEN-WUERTT           7.500    6/22/2012      EUR      59.82
LB BADEN-WUERTT           7.500    6/22/2012      EUR       9.32
LB BADEN-WUERTT           7.500    6/22/2012      EUR      49.37
LB BADEN-WUERTT           7.500    6/22/2012      EUR      18.80
LB BADEN-WUERTT           7.500    6/22/2012      EUR      47.57
LB BADEN-WUERTT           7.500    6/22/2012      EUR      72.09
LB BADEN-WUERTT           7.500    6/22/2012      EUR      57.23
LB BADEN-WUERTT           8.000    6/22/2012      EUR      44.21
LB BADEN-WUERTT           8.000    6/22/2012      EUR      65.43
LB BADEN-WUERTT           8.000    6/22/2012      EUR      39.76
LB BADEN-WUERTT           8.000    6/22/2012      EUR      69.23
LB BADEN-WUERTT           8.000    6/22/2012      EUR      40.02
LB BADEN-WUERTT           8.000    6/22/2012      EUR      72.99
LB BADEN-WUERTT           8.000    6/22/2012      EUR      67.55
LB BADEN-WUERTT           8.000    6/22/2012      EUR      27.53
LB BADEN-WUERTT           8.000    6/22/2012      EUR      64.02
LB BADEN-WUERTT           8.000    6/22/2012      EUR      66.69
LB BADEN-WUERTT          10.000    6/22/2012      EUR      64.83
LB BADEN-WUERTT          10.000    6/22/2012      EUR      51.63
LB BADEN-WUERTT          10.000    6/22/2012      EUR      69.41
LB BADEN-WUERTT          10.000    6/22/2012      EUR      66.04
LB BADEN-WUERTT          10.000    6/22/2012      EUR      70.48
LB BADEN-WUERTT          10.000    6/22/2012      EUR      54.41
LB BADEN-WUERTT          10.000    6/22/2012      EUR      53.53
LB BADEN-WUERTT          10.000    6/22/2012      EUR      53.64
LB BADEN-WUERTT          10.000    6/22/2012      EUR      17.63
LB BADEN-WUERTT          10.000    6/22/2012      EUR      67.32
LB BADEN-WUERTT          10.000    6/22/2012      EUR      72.15
LB BADEN-WUERTT          10.000    6/22/2012      EUR      73.95
LB BADEN-WUERTT          10.000    6/22/2012      EUR       8.27
LB BADEN-WUERTT          10.000    6/22/2012      EUR      61.07
LB BADEN-WUERTT          10.000    6/22/2012      EUR      45.27
LB BADEN-WUERTT          10.000    6/22/2012      EUR      46.42
LB BADEN-WUERTT           4.000    7/27/2012      EUR      47.48
LB BADEN-WUERTT           4.000    7/27/2012      EUR      55.61
LB BADEN-WUERTT           5.000    7/27/2012      EUR      57.47
LB BADEN-WUERTT           5.000    7/27/2012      EUR      21.37
LB BADEN-WUERTT           5.000    7/27/2012      EUR      64.68
LB BADEN-WUERTT           5.000    7/27/2012      EUR      32.16
LB BADEN-WUERTT           5.000    7/27/2012      EUR      74.54
LB BADEN-WUERTT           5.000    7/27/2012      EUR      56.58
LB BADEN-WUERTT           5.000    7/27/2012      EUR      64.86
LB BADEN-WUERTT           5.000    7/27/2012      EUR      15.27
LB BADEN-WUERTT           5.000    7/27/2012      EUR      68.88
LB BADEN-WUERTT           5.000    7/27/2012      EUR      67.72
LB BADEN-WUERTT           5.000    7/27/2012      EUR      71.23
LB BADEN-WUERTT           5.000    7/27/2012      EUR      50.15
LB BADEN-WUERTT           5.000    7/27/2012      EUR      62.26
LB BADEN-WUERTT           5.000    7/27/2012      EUR      74.01
LB BADEN-WUERTT           5.000    7/27/2012      EUR      64.71
LB BADEN-WUERTT           6.000    7/27/2012      EUR      73.89
LB BADEN-WUERTT           6.000    7/27/2012      EUR      69.91
LB BADEN-WUERTT           6.000    7/27/2012      EUR      46.97
LB BADEN-WUERTT           6.000    7/27/2012      EUR      42.25
LB BADEN-WUERTT           6.000    7/27/2012      EUR      31.07
LB BADEN-WUERTT           6.000    7/27/2012      EUR      72.32
LB BADEN-WUERTT           6.500    7/27/2012      EUR      73.49
LB BADEN-WUERTT           6.500    7/27/2012      EUR      72.44
LB BADEN-WUERTT           7.500    7/27/2012      EUR      58.39
LB BADEN-WUERTT           7.500    7/27/2012      EUR      15.97
LB BADEN-WUERTT           7.500    7/27/2012      EUR      61.68
LB BADEN-WUERTT           7.500    7/27/2012      EUR      51.95
LB BADEN-WUERTT           7.500    7/27/2012      EUR      74.15
LB BADEN-WUERTT           7.500    7/27/2012      EUR      73.75
LB BADEN-WUERTT           7.500    7/27/2012      EUR      56.92
LB BADEN-WUERTT           7.500    7/27/2012      EUR      63.18
LB BADEN-WUERTT           7.500    7/27/2012      EUR      29.51
LB BADEN-WUERTT           7.500    7/27/2012      EUR      67.58
LB BADEN-WUERTT           7.500    7/27/2012      EUR      57.00
LB BADEN-WUERTT           7.500    7/27/2012      EUR      58.46
LB BADEN-WUERTT           7.500    7/27/2012      EUR      67.94
LB BADEN-WUERTT           7.500    7/27/2012      EUR      67.15
LB BADEN-WUERTT           7.500    7/27/2012      EUR      71.59
LB BADEN-WUERTT           7.500    7/27/2012      EUR      45.10
LB BADEN-WUERTT           7.500    7/27/2012      EUR      19.98
LB BADEN-WUERTT           7.500    7/27/2012      EUR      60.26
LB BADEN-WUERTT           8.000    7/27/2012      EUR      68.16
LB BADEN-WUERTT           8.000    7/27/2012      EUR      65.54
LB BADEN-WUERTT           8.000    7/27/2012      EUR      38.28
LB BADEN-WUERTT           8.000    7/27/2012      EUR      65.18
LB BADEN-WUERTT           8.000    7/27/2012      EUR      42.55
LB BADEN-WUERTT           8.000    7/27/2012      EUR      69.97
LB BADEN-WUERTT           8.000    7/27/2012      EUR      69.09
LB BADEN-WUERTT           9.000    7/27/2012      EUR      59.43
LB BADEN-WUERTT          10.000    7/27/2012      EUR      68.99
LB BADEN-WUERTT          10.000    7/27/2012      EUR      69.66
LB BADEN-WUERTT          10.000    7/27/2012      EUR      16.51
LB BADEN-WUERTT          10.000    7/27/2012      EUR      19.18
LB BADEN-WUERTT          10.000    7/27/2012      EUR      55.09
LB BADEN-WUERTT          10.000    7/27/2012      EUR      53.11
LB BADEN-WUERTT          10.000    7/27/2012      EUR      56.89
LB BADEN-WUERTT          10.000    7/27/2012      EUR      61.42
LB BADEN-WUERTT          10.000    7/27/2012      EUR      54.50
LB BADEN-WUERTT          10.000    7/27/2012      EUR      67.11
LB BADEN-WUERTT          10.000    7/27/2012      EUR      42.02
LB BADEN-WUERTT          10.000    7/27/2012      EUR      62.75
LB BADEN-WUERTT          10.000    7/27/2012      EUR      62.30
LB BADEN-WUERTT          10.000    7/27/2012      EUR      73.56
LB BADEN-WUERTT          10.000    7/27/2012      EUR      53.35
LB BADEN-WUERTT          10.000    7/27/2012      EUR      27.46
LB BADEN-WUERTT          10.000    7/27/2012      EUR      74.62
LB BADEN-WUERTT          10.000    7/27/2012      EUR      51.81
LB BADEN-WUERTT          10.000    7/27/2012      EUR      58.34
LB BADEN-WUERTT          10.000    7/27/2012      EUR      70.15
LB BADEN-WUERTT          10.000    7/27/2012      EUR      48.97
LB BADEN-WUERTT           4.000    8/24/2012      EUR      45.67
LB BADEN-WUERTT           4.000    8/24/2012      EUR      74.96
LB BADEN-WUERTT           4.000    8/24/2012      EUR      73.73
LB BADEN-WUERTT           4.000    8/24/2012      EUR      55.10
LB BADEN-WUERTT           5.000    8/24/2012      EUR      68.31
LB BADEN-WUERTT           5.000    8/24/2012      EUR      73.43
LB BADEN-WUERTT           5.000    8/24/2012      EUR      67.64
LB BADEN-WUERTT           5.000    8/24/2012      EUR      50.67
LB BADEN-WUERTT           5.000    8/24/2012      EUR      26.03
LB BADEN-WUERTT           5.000    8/24/2012      EUR      70.09
LB BADEN-WUERTT           5.000    8/24/2012      EUR      71.02
LB BADEN-WUERTT           5.000    8/24/2012      EUR      52.47
LB BADEN-WUERTT           6.000    8/24/2012      EUR      73.76
LB BADEN-WUERTT           6.000    8/24/2012      EUR      65.85
LB BADEN-WUERTT           6.000    8/24/2012      EUR      49.25
LB BADEN-WUERTT           6.000    8/24/2012      EUR      64.29
LB BADEN-WUERTT           6.000    8/24/2012      EUR      74.21
LB BADEN-WUERTT           6.000    8/24/2012      EUR      74.39
LB BADEN-WUERTT           6.000    8/24/2012      EUR      39.40
LB BADEN-WUERTT           6.000    8/24/2012      EUR      73.94
LB BADEN-WUERTT           6.000    8/24/2012      EUR      73.71
LB BADEN-WUERTT           6.000    8/24/2012      EUR      66.99
LB BADEN-WUERTT           7.500    8/24/2012      EUR      62.06
LB BADEN-WUERTT           7.500    8/24/2012      EUR      71.37
LB BADEN-WUERTT           7.500    8/24/2012      EUR      74.48
LB BADEN-WUERTT           7.500    8/24/2012      EUR      61.47
LB BADEN-WUERTT           7.500    8/24/2012      EUR      62.87
LB BADEN-WUERTT           7.500    8/24/2012      EUR      72.45
LB BADEN-WUERTT           7.500    8/24/2012      EUR      70.82
LB BADEN-WUERTT           7.500    8/24/2012      EUR      45.87
LB BADEN-WUERTT           7.500    8/24/2012      EUR      65.82
LB BADEN-WUERTT           7.500    8/24/2012      EUR      70.83
LB BADEN-WUERTT           7.500    8/24/2012      EUR      23.60
LB BADEN-WUERTT           7.500    8/24/2012      EUR      61.32
LB BADEN-WUERTT           7.500    8/24/2012      EUR      48.04
LB BADEN-WUERTT           8.000    8/24/2012      EUR      73.80
LB BADEN-WUERTT           8.000    8/24/2012      EUR      35.91
LB BADEN-WUERTT           8.000    8/24/2012      EUR      67.83
LB BADEN-WUERTT           8.000    8/24/2012      EUR      62.95
LB BADEN-WUERTT           8.000    8/24/2012      EUR      68.45
LB BADEN-WUERTT           8.000    8/24/2012      EUR      74.49
LB BADEN-WUERTT           8.000    8/24/2012      EUR      60.53
LB BADEN-WUERTT           8.000    8/24/2012      EUR      65.48
LB BADEN-WUERTT           8.000    8/24/2012      EUR      69.01
LB BADEN-WUERTT           8.000    8/24/2012      EUR      70.91
LB BADEN-WUERTT           7.500    8/24/2012      EUR      71.56
MACQUARIE STRUCT          9.000    6/22/2012      EUR      65.81
MACQUARIE STRUCT         10.000    6/22/2012      EUR      74.65
MACQUARIE STRUCT         10.750    6/22/2012      EUR      35.23
MACQUARIE STRUCT         10.250    6/22/2012      EUR      45.85
MACQUARIE STRUCT         10.250    6/22/2012      EUR      72.81
MACQUARIE STRUCT         11.000    6/22/2012      EUR      65.22
MACQUARIE STRUCT         11.000    6/22/2012      EUR      74.70
MACQUARIE STRUCT         11.000    6/22/2012      EUR      71.40
MACQUARIE STRUCT         11.500    6/22/2012      EUR      61.86
MACQUARIE STRUCT         11.500    6/22/2012      EUR      34.08
MACQUARIE STRUCT         11.500    6/22/2012      EUR      54.26
MACQUARIE STRUCT         11.750    6/22/2012      EUR      74.77
MACQUARIE STRUCT         11.750    6/22/2012      EUR      64.78
MACQUARIE STRUCT         12.000    6/22/2012      EUR      70.95
MACQUARIE STRUCT         12.500    6/22/2012      EUR      40.63
MACQUARIE STRUCT         12.500    6/22/2012      EUR      44.53
MACQUARIE STRUCT         13.000    6/22/2012      EUR      62.92
MACQUARIE STRUCT         13.500    6/22/2012      EUR      35.09
MACQUARIE STRUCT         18.000   12/14/2012      EUR      71.71
MACQUARIE STRUCT         11.500    9/28/2012      EUR      51.34
MACQUARIE STRUCT         10.000    9/28/2012      EUR      69.43
MACQUARIE STRUCT          9.750    9/28/2012      EUR      54.18
MACQUARIE STRUCT          9.250    9/28/2012      EUR      68.39
MACQUARIE STRUCT          9.000    9/28/2012      EUR      52.00
MACQUARIE STRUCT         23.250    6/22/2012      EUR       4.07
MACQUARIE STRUCT         21.000    6/22/2012      EUR      72.73
MACQUARIE STRUCT         18.500    6/22/2012      EUR      45.79
MACQUARIE STRUCT         17.000    6/22/2012      EUR      38.02
MACQUARIE STRUCT         16.000    6/22/2012      EUR      15.67
MACQUARIE STRUCT         15.750    6/22/2012      EUR      55.72
MACQUARIE STRUCT         15.750    6/22/2012      EUR      13.56
MACQUARIE STRUCT          7.000    5/11/2012      EUR      62.10
MACQUARIE STRUCT          7.750    6/22/2012      EUR      72.15
MACQUARIE STRUCT          9.750    6/22/2012      EUR      64.94
MACQUARIE STRUCT          9.250    6/22/2012      EUR      30.51
MACQUARIE STRUCT          9.750    6/22/2012      EUR      70.20
MACQUARIE STRUCT         10.000    6/22/2012      EUR      72.85
MACQUARIE STRUCT         10.000    6/22/2012      EUR      45.29
NORDDEUTSCHE L/B          7.000     6/8/2012      EUR      54.84
PRAKTIKER BAU-UN          5.875    2/10/2016      EUR      40.01
Q-CELLS                   6.750   10/21/2015      EUR       0.65
QIMONDA FINANCE           6.750    3/22/2013      USD       5.88
RENTENBANK                0.500    3/15/2017      TRY      71.23
RENTENBANK                0.500    4/19/2017      ZAR      73.36
RENTENBANK                0.500    4/19/2017      TRY      71.53
SOLARWORLD AG             6.125    1/21/2017      EUR      28.01
SOLON AG SOLAR            1.375    12/6/2012      EUR       1.22
TAG IMMO AG               6.500   12/10/2015      EUR       8.06
TUI AG                    5.500   11/17/2014      EUR      66.35
TUI AG                    2.750    3/24/2016      EUR      49.40
UNICREDIT BANK A          6.900    5/17/2012      EUR      53.68
UNICREDIT BANK A          6.800    5/17/2012      EUR      58.97
UNICREDIT BANK A          7.000    6/21/2012      EUR      46.70
VONTOBEL FIN PRO         10.254    6/22/2012      EUR      59.46
VONTOBEL FIN PRO         10.246    6/22/2012      EUR      70.26
VONTOBEL FIN PRO         10.244    6/22/2012      EUR      66.52
VONTOBEL FIN PRO         10.241    6/22/2012      EUR      71.52
VONTOBEL FIN PRO         10.222    6/22/2012      EUR      58.90
VONTOBEL FIN PRO         10.222    6/22/2012      EUR      72.80
VONTOBEL FIN PRO         10.207    6/22/2012      EUR      56.42
VONTOBEL FIN PRO         10.204    6/22/2012      EUR      73.42
VONTOBEL FIN PRO         10.200    6/22/2012      EUR      72.66
VONTOBEL FIN PRO         10.186    6/22/2012      EUR      62.18
VONTOBEL FIN PRO         10.185    6/22/2012      EUR      71.70
VONTOBEL FIN PRO         10.167    6/22/2012      EUR      45.48
VONTOBEL FIN PRO         10.167    6/22/2012      EUR      73.70
VONTOBEL FIN PRO         10.146    6/22/2012      EUR      74.68
VONTOBEL FIN PRO         10.142    6/22/2012      EUR      64.86
VONTOBEL FIN PRO         10.135    6/22/2012      EUR      74.76
VONTOBEL FIN PRO         10.116    6/22/2012      EUR      54.56
VONTOBEL FIN PRO         10.113    6/22/2012      EUR      66.84
VONTOBEL FIN PRO         10.110    6/22/2012      EUR      36.74
VONTOBEL FIN PRO         10.107    6/22/2012      EUR      56.00
VONTOBEL FIN PRO         10.100    6/22/2012      EUR      57.62
VONTOBEL FIN PRO         10.098    6/22/2012      EUR      70.26
VONTOBEL FIN PRO         10.073    6/22/2012      EUR      68.50
VONTOBEL FIN PRO         10.070    6/22/2012      EUR      67.14
VONTOBEL FIN PRO         10.050    6/22/2012      EUR      64.26
VONTOBEL FIN PRO         10.048    6/22/2012      EUR      72.48
VONTOBEL FIN PRO         10.038    6/22/2012      EUR      46.82
VONTOBEL FIN PRO         10.030    6/22/2012      EUR      66.50
VONTOBEL FIN PRO         10.028    6/22/2012      EUR      57.50
VONTOBEL FIN PRO         10.028    6/22/2012      EUR      67.50
VONTOBEL FIN PRO         10.026    6/22/2012      EUR      61.52
VONTOBEL FIN PRO         10.000    6/22/2012      EUR      71.84
VONTOBEL FIN PRO         10.000    6/22/2012      EUR      66.68
VONTOBEL FIN PRO          9.991    6/22/2012      EUR      51.80
VONTOBEL FIN PRO          9.969    6/22/2012      EUR      41.62
VONTOBEL FIN PRO          9.960    6/22/2012      EUR      63.46
VONTOBEL FIN PRO          9.957    6/22/2012      EUR      49.40
VONTOBEL FIN PRO          9.921    6/22/2012      EUR      63.26
VONTOBEL FIN PRO          9.918    6/22/2012      EUR      55.66
VONTOBEL FIN PRO          9.898    6/22/2012      EUR      74.80
VONTOBEL FIN PRO          9.892    6/22/2012      EUR      62.92
VONTOBEL FIN PRO          9.887    6/22/2012      EUR      56.98
VONTOBEL FIN PRO          9.880    6/22/2012      EUR      66.16
VONTOBEL FIN PRO          9.871    6/22/2012      EUR      60.72
VONTOBEL FIN PRO          9.839    6/22/2012      EUR      66.00
VONTOBEL FIN PRO          9.832    6/22/2012      EUR      67.56
VONTOBEL FIN PRO          9.832    6/22/2012      EUR      71.34
VONTOBEL FIN PRO          9.797    6/22/2012      EUR      49.98
VONTOBEL FIN PRO          9.790    6/22/2012      EUR      70.48
VONTOBEL FIN PRO          9.781    6/22/2012      EUR      45.72
VONTOBEL FIN PRO          9.754    6/22/2012      EUR      71.60
VONTOBEL FIN PRO          9.740    6/22/2012      EUR      73.35
VONTOBEL FIN PRO          9.732    6/22/2012      EUR      71.84
VONTOBEL FIN PRO          9.724    6/22/2012      EUR      65.18
VONTOBEL FIN PRO          9.723    6/22/2012      EUR      74.56
VONTOBEL FIN PRO          9.716    6/22/2012      EUR      64.64
VONTOBEL FIN PRO          9.709    6/22/2012      EUR      42.08
VONTOBEL FIN PRO          9.709    6/22/2012      EUR      35.74
VONTOBEL FIN PRO          9.699    6/22/2012      EUR      46.60
VONTOBEL FIN PRO          9.698    6/22/2012      EUR      61.94
VONTOBEL FIN PRO          9.689    6/22/2012      EUR      70.46
VONTOBEL FIN PRO          9.689    6/22/2012      EUR      74.76
VONTOBEL FIN PRO          9.689    6/22/2012      EUR      58.84
VONTOBEL FIN PRO          9.687    6/22/2012      EUR      73.92
VONTOBEL FIN PRO          9.684    6/22/2012      EUR      69.36
VONTOBEL FIN PRO          9.674    6/22/2012      EUR      65.92
VONTOBEL FIN PRO          9.673    6/22/2012      EUR      46.70
VONTOBEL FIN PRO          9.658    6/22/2012      EUR      63.47
VONTOBEL FIN PRO          9.627    6/22/2012      EUR      51.96
VONTOBEL FIN PRO          9.623    6/22/2012      EUR      35.58
VONTOBEL FIN PRO          9.623    6/22/2012      EUR      43.62
VONTOBEL FIN PRO          9.606    6/22/2012      EUR      63.04
VONTOBEL FIN PRO          9.576    6/22/2012      EUR      61.26
VONTOBEL FIN PRO          9.567    6/22/2012      EUR      73.30
VONTOBEL FIN PRO          9.557    6/22/2012      EUR      67.80
VONTOBEL FIN PRO          9.556    6/22/2012      EUR      21.60
VONTOBEL FIN PRO          9.553    6/22/2012      EUR      58.22
VONTOBEL FIN PRO          9.553    6/22/2012      EUR      57.64
VONTOBEL FIN PRO          9.550    6/22/2012      EUR      72.88
VONTOBEL FIN PRO          9.547    6/22/2012      EUR      56.48
VONTOBEL FIN PRO          9.534    6/22/2012      EUR      67.22
VONTOBEL FIN PRO          9.534    6/22/2012      EUR      71.20
VONTOBEL FIN PRO          9.524    6/22/2012      EUR      64.20
VONTOBEL FIN PRO          9.511    6/22/2012      EUR      59.22
VONTOBEL FIN PRO          9.493    6/22/2012      EUR      72.74
VONTOBEL FIN PRO          9.472    6/22/2012      EUR      61.46
VONTOBEL FIN PRO          9.472    6/22/2012      EUR      31.67
VONTOBEL FIN PRO          9.466    6/22/2012      EUR      53.14
VONTOBEL FIN PRO          9.461    6/22/2012      EUR      65.64
VONTOBEL FIN PRO          9.454    6/22/2012      EUR      38.52
VONTOBEL FIN PRO          9.448    6/22/2012      EUR      67.98
VONTOBEL FIN PRO          9.443    6/22/2012      EUR      71.62
VONTOBEL FIN PRO          9.414    6/22/2012      EUR      52.82
VONTOBEL FIN PRO          9.411    6/22/2012      EUR      57.72
VONTOBEL FIN PRO          9.405    6/22/2012      EUR      66.10
VONTOBEL FIN PRO          9.396    6/22/2012      EUR      66.60
VONTOBEL FIN PRO          9.389    6/22/2012      EUR      45.58
VONTOBEL FIN PRO          9.373    6/22/2012      EUR      42.75
VONTOBEL FIN PRO          9.333    6/22/2012      EUR      66.36
VONTOBEL FIN PRO          9.333    6/22/2012      EUR      72.00
VONTOBEL FIN PRO          9.332    6/22/2012      EUR      63.10
VONTOBEL FIN PRO          9.316    6/22/2012      EUR      55.08
VONTOBEL FIN PRO          9.292    6/22/2012      EUR      44.48
VONTOBEL FIN PRO          9.290    6/22/2012      EUR      60.14
VONTOBEL FIN PRO          9.283    6/22/2012      EUR      38.18
VONTOBEL FIN PRO          9.274    6/22/2012      EUR      55.36
VONTOBEL FIN PRO          9.259    6/22/2012      EUR      73.92
VONTOBEL FIN PRO          9.250    6/22/2012      EUR      63.00
VONTOBEL FIN PRO          9.250    6/22/2012      EUR      73.18
VONTOBEL FIN PRO          9.208    6/22/2012      EUR      45.08
VONTOBEL FIN PRO          9.180    6/22/2012      EUR      62.30
VONTOBEL FIN PRO          9.162    6/22/2012      EUR      65.66
VONTOBEL FIN PRO          9.142    6/22/2012      EUR      62.06
VONTOBEL FIN PRO          9.139    6/22/2012      EUR      74.64
VONTOBEL FIN PRO          9.134    6/22/2012      EUR      69.38
VONTOBEL FIN PRO          9.125    6/22/2012      EUR      70.90
VONTOBEL FIN PRO          9.097    6/22/2012      EUR      73.48
VONTOBEL FIN PRO          9.072    6/22/2012      EUR      74.72
VONTOBEL FIN PRO          9.072    6/22/2012      EUR      49.90
VONTOBEL FIN PRO          9.072    6/22/2012      EUR      66.68
VONTOBEL FIN PRO          9.071    6/22/2012      EUR      65.32
VONTOBEL FIN PRO          9.026    6/22/2012      EUR      68.44
VONTOBEL FIN PRO          9.025    6/22/2012      EUR      68.58
VONTOBEL FIN PRO          9.019    6/22/2012      EUR      46.18
VONTOBEL FIN PRO          8.944    6/22/2012      EUR      70.88
VONTOBEL FIN PRO          8.943    6/22/2012      EUR      66.42
VONTOBEL FIN PRO          8.920    6/22/2012      EUR      68.54
VONTOBEL FIN PRO          8.906    6/22/2012      EUR      46.66
VONTOBEL FIN PRO          8.900    6/22/2012      EUR      50.38
VONTOBEL FIN PRO          8.892    6/22/2012      EUR      51.68
VONTOBEL FIN PRO          8.891    6/22/2012      EUR      61.84
VONTOBEL FIN PRO          8.889    6/22/2012      EUR      56.00
VONTOBEL FIN PRO          8.877    6/22/2012      EUR      62.70
VONTOBEL FIN PRO          8.875    6/22/2012      EUR      58.10
VONTOBEL FIN PRO          8.872    6/22/2012      EUR      73.18
VONTOBEL FIN PRO          8.845    6/22/2012      EUR      68.90
VONTOBEL FIN PRO          8.835    6/22/2012      EUR      54.38
VONTOBEL FIN PRO          8.830    6/22/2012      EUR      62.08
VONTOBEL FIN PRO          8.806    6/22/2012      EUR      66.48
VONTOBEL FIN PRO          8.806    6/22/2012      EUR      57.36
VONTOBEL FIN PRO          8.802    6/22/2012      EUR      73.04
VONTOBEL FIN PRO          8.795    6/22/2012      EUR      66.42
VONTOBEL FIN PRO          8.795    6/22/2012      EUR      59.40
VONTOBEL FIN PRO          8.795    6/22/2012      EUR      45.60
VONTOBEL FIN PRO          8.793    6/22/2012      EUR      60.16
VONTOBEL FIN PRO          8.774    6/22/2012      EUR      71.48
VONTOBEL FIN PRO          8.757    6/22/2012      EUR      59.15
VONTOBEL FIN PRO          8.755    6/22/2012      EUR      62.18
VONTOBEL FIN PRO          8.755    6/22/2012      EUR      63.32
VONTOBEL FIN PRO          8.755    6/22/2012      EUR      40.80
VONTOBEL FIN PRO          8.753    6/22/2012      EUR      67.12
VONTOBEL FIN PRO          8.747    6/22/2012      EUR      73.38
VONTOBEL FIN PRO          8.727    6/22/2012      EUR      72.92
VONTOBEL FIN PRO          8.720    6/22/2012      EUR      68.62
VONTOBEL FIN PRO          8.701    6/22/2012      EUR      39.26
VONTOBEL FIN PRO          8.690    6/22/2012      EUR      52.66
VONTOBEL FIN PRO          8.681    6/22/2012      EUR      61.82
VONTOBEL FIN PRO          8.679    6/22/2012      EUR      56.44
VONTOBEL FIN PRO          8.679    6/22/2012      EUR      65.96
VONTOBEL FIN PRO          8.676    6/22/2012      EUR      64.80
VONTOBEL FIN PRO          8.667    6/22/2012      EUR      72.56
VONTOBEL FIN PRO          8.667    6/22/2012      EUR      61.62
VONTOBEL FIN PRO          8.642    6/22/2012      EUR      51.07
VONTOBEL FIN PRO          8.640    6/22/2012      EUR      24.86
VONTOBEL FIN PRO          8.597    6/22/2012      EUR      61.34
VONTOBEL FIN PRO          8.581    6/22/2012      EUR      58.88
VONTOBEL FIN PRO          8.566    6/22/2012      EUR      60.74
VONTOBEL FIN PRO          8.528    6/22/2012      EUR      63.26
VONTOBEL FIN PRO          8.528    6/22/2012      EUR      66.50
VONTOBEL FIN PRO          8.525    6/22/2012      EUR      54.98
VONTOBEL FIN PRO          8.500    6/22/2012      EUR      74.46
VONTOBEL FIN PRO          8.496    6/22/2012      EUR      72.48
VONTOBEL FIN PRO          8.495    6/22/2012      EUR      72.16
VONTOBEL FIN PRO          8.491    6/22/2012      EUR      56.38
VONTOBEL FIN PRO          8.491    6/22/2012      EUR      48.54
VONTOBEL FIN PRO          8.487    6/22/2012      EUR      62.92
VONTOBEL FIN PRO          8.466    6/22/2012      EUR      62.10
VONTOBEL FIN PRO          8.466    6/22/2012      EUR      36.52
VONTOBEL FIN PRO          8.460    6/22/2012      EUR      47.96
VONTOBEL FIN PRO          8.433    6/22/2012      EUR      64.26
VONTOBEL FIN PRO          8.408    6/22/2012      EUR      74.62
VONTOBEL FIN PRO          8.407    6/22/2012      EUR      38.24
VONTOBEL FIN PRO          8.404    6/22/2012      EUR      68.30
VONTOBEL FIN PRO          8.377    6/22/2012      EUR      43.10
VONTOBEL FIN PRO          8.347    6/22/2012      EUR      63.82
VONTOBEL FIN PRO          8.347    6/22/2012      EUR      48.46
VONTOBEL FIN PRO          8.347    6/22/2012      EUR      69.58
VONTOBEL FIN PRO          8.340    6/22/2012      EUR      16.46
VONTOBEL FIN PRO          8.340    6/22/2012      EUR      56.86
VONTOBEL FIN PRO          8.327    6/22/2012      EUR      61.32
VONTOBEL FIN PRO          8.302    6/22/2012      EUR      56.94
VONTOBEL FIN PRO          8.284    6/22/2012      EUR      46.06
VONTOBEL FIN PRO          8.278    6/22/2012      EUR      61.00
VONTOBEL FIN PRO          8.267    6/22/2012      EUR      58.10
VONTOBEL FIN PRO          8.264    6/22/2012      EUR      59.06
VONTOBEL FIN PRO          8.229    6/22/2012      EUR      65.50
VONTOBEL FIN PRO          8.189    6/22/2012      EUR      61.56
VONTOBEL FIN PRO          8.189    6/22/2012      EUR      35.42
VONTOBEL FIN PRO          8.185    6/22/2012      EUR      44.36
VONTOBEL FIN PRO          8.152    6/22/2012      EUR      60.22
VONTOBEL FIN PRO          8.135    6/22/2012      EUR      62.02
VONTOBEL FIN PRO          8.113    6/22/2012      EUR      71.40
VONTOBEL FIN PRO          8.113    6/22/2012      EUR      62.00
VONTOBEL FIN PRO          8.108    6/22/2012      EUR      61.26
VONTOBEL FIN PRO          8.092    6/22/2012      EUR      74.40
VONTOBEL FIN PRO          8.068    6/22/2012      EUR      55.46
VONTOBEL FIN PRO          8.052    6/22/2012      EUR      74.34
VONTOBEL FIN PRO          8.038    6/22/2012      EUR      66.11
VONTOBEL FIN PRO          8.031    6/22/2012      EUR      67.64
VONTOBEL FIN PRO          8.015    6/22/2012      EUR      59.22
VONTOBEL FIN PRO          8.014    6/22/2012      EUR      62.74
VONTOBEL FIN PRO          8.013    6/22/2012      EUR      49.42
VONTOBEL FIN PRO          8.008    6/22/2012      EUR      69.30
VONTOBEL FIN PRO          7.996    6/22/2012      EUR      62.92
VONTOBEL FIN PRO          7.974    6/22/2012      EUR      35.52
VONTOBEL FIN PRO          7.974    6/22/2012      EUR      48.12
VONTOBEL FIN PRO          7.956    6/22/2012      EUR      67.54
VONTOBEL FIN PRO          7.942    6/22/2012      EUR      61.26
VONTOBEL FIN PRO          7.855    6/22/2012      EUR      65.92
VONTOBEL FIN PRO          7.812    6/22/2012      EUR      65.38
VONTOBEL FIN PRO          7.833    6/22/2012      EUR      69.44
VONTOBEL FIN PRO          7.754    6/22/2012      EUR      49.14
VONTOBEL FIN PRO          7.720    6/22/2012      EUR      67.70
VONTOBEL FIN PRO          7.700    6/22/2012      EUR      71.68
VONTOBEL FIN PRO          7.795    6/22/2012      EUR      62.90
VONTOBEL FIN PRO         12.067     5/4/2012      EUR      57.60
VONTOBEL FIN PRO         13.173     5/4/2012      EUR      45.10
VONTOBEL FIN PRO         10.056    5/11/2012      EUR      53.80
VONTOBEL FIN PRO         10.056    5/11/2012      EUR      74.40
VONTOBEL FIN PRO          9.101    5/18/2012      EUR      73.50
VONTOBEL FIN PRO         10.961    5/18/2012      EUR      47.80
VONTOBEL FIN PRO         12.168    5/18/2012      EUR      32.90
VONTOBEL FIN PRO         10.056    5/25/2012      EUR      74.30
VONTOBEL FIN PRO         11.564    5/25/2012      EUR      41.40
VONTOBEL FIN PRO         10.056     5/4/2012      EUR      74.30
VONTOBEL FIN PRO         12.369     6/1/2012      EUR      35.30
VONTOBEL FIN PRO          7.889     6/6/2012      EUR      59.40
VONTOBEL FIN PRO         10.056     6/8/2012      EUR      69.50
VONTOBEL FIN PRO         11.464     6/8/2012      EUR      62.70
VONTOBEL FIN PRO         10.358    6/15/2012      EUR      44.50
VONTOBEL FIN PRO         10.458    6/15/2012      EUR      48.60
VONTOBEL FIN PRO         11.615    6/15/2012      EUR      64.20
VONTOBEL FIN PRO          6.444    6/22/2012      EUR      64.78
VONTOBEL FIN PRO          6.697    6/22/2012      EUR      71.48
VONTOBEL FIN PRO         10.358     6/1/2012      EUR      59.10
VONTOBEL FIN PRO          6.948    6/22/2012      EUR      67.62
VONTOBEL FIN PRO          7.010    6/22/2012      EUR      58.68
VONTOBEL FIN PRO          7.094    6/22/2012      EUR      55.36
VONTOBEL FIN PRO          7.101    6/22/2012      EUR      43.10
VONTOBEL FIN PRO          7.150    6/22/2012      EUR      71.92
VONTOBEL FIN PRO          7.156    6/22/2012      EUR      69.88
VONTOBEL FIN PRO          7.200    6/22/2012      EUR      68.30
VONTOBEL FIN PRO          7.228    6/22/2012      EUR      68.10
VONTOBEL FIN PRO          7.231    6/22/2012      EUR      72.30
VONTOBEL FIN PRO          6.876    6/22/2012      EUR      52.06
VONTOBEL FIN PRO          7.299    6/22/2012      EUR      73.14
VONTOBEL FIN PRO          7.299    6/22/2012      EUR      69.92
VONTOBEL FIN PRO          7.362    6/22/2012      EUR      73.70
VONTOBEL FIN PRO          7.370    6/22/2012      EUR      66.56
VONTOBEL FIN PRO          7.473    6/22/2012      EUR      54.92
VONTOBEL FIN PRO          7.488    6/22/2012      EUR      68.52
VONTOBEL FIN PRO          7.500    6/22/2012      EUR      51.54
VONTOBEL FIN PRO          7.509    6/22/2012      EUR      46.10
VONTOBEL FIN PRO          7.562    6/22/2012      EUR      60.66
VONTOBEL FIN PRO          7.236    6/22/2012      EUR      54.82
VONTOBEL FIN PRO          8.163   12/31/2012      EUR      58.38
VONTOBEL FIN PRO          8.050   12/31/2012      EUR      68.78
VONTOBEL FIN PRO          8.019   12/31/2012      EUR      70.64
VONTOBEL FIN PRO          7.950   12/31/2012      EUR      73.76
VONTOBEL FIN PRO          7.719   12/31/2012      EUR      69.54
VONTOBEL FIN PRO          7.509   12/31/2012      EUR      72.96
VONTOBEL FIN PRO          7.494   12/31/2012      EUR      65.74
VONTOBEL FIN PRO          7.400   12/31/2012      EUR      69.14
VONTOBEL FIN PRO          7.050   12/31/2012      EUR      70.82
VONTOBEL FIN PRO          7.600    6/22/2012      EUR      69.06
VONTOBEL FIN PRO          5.006   12/28/2012      EUR      60.32
VONTOBEL FIN PRO         11.500   12/14/2012      EUR       4.25
VONTOBEL FIN PRO         28.900    9/28/2012      EUR      53.40
VONTOBEL FIN PRO         28.700    9/28/2012      EUR      61.64
VONTOBEL FIN PRO         27.550    9/28/2012      EUR      52.80
VONTOBEL FIN PRO         25.700    9/28/2012      EUR      63.06
VONTOBEL FIN PRO         25.200    9/28/2012      EUR      55.76
VONTOBEL FIN PRO         22.050    9/28/2012      EUR      60.40
VONTOBEL FIN PRO         21.550    9/28/2012      EUR      64.56
VONTOBEL FIN PRO          6.175   12/31/2012      EUR      68.18
VONTOBEL FIN PRO         20.950    9/28/2012      EUR      58.48
VONTOBEL FIN PRO         20.750    9/28/2012      EUR      70.08
VONTOBEL FIN PRO         20.400    9/28/2012      EUR      63.16
VONTOBEL FIN PRO         19.250    9/28/2012      EUR      66.92
VONTOBEL FIN PRO         19.000    9/28/2012      EUR      57.92
VONTOBEL FIN PRO         18.800    9/28/2012      EUR      66.34
VONTOBEL FIN PRO         18.100    9/28/2012      EUR      68.56
VONTOBEL FIN PRO         17.100    9/28/2012      EUR      69.68
VONTOBEL FIN PRO         17.000    9/28/2012      EUR      42.64
VONTOBEL FIN PRO         21.500    9/28/2012      EUR      58.80
VONTOBEL FIN PRO         16.850    9/28/2012      EUR      68.80
VONTOBEL FIN PRO         16.850    9/28/2012      EUR      61.54
VONTOBEL FIN PRO         16.400    9/28/2012      EUR      72.54
VONTOBEL FIN PRO         16.350    9/28/2012      EUR      74.04
VONTOBEL FIN PRO         16.337    9/28/2012      EUR      66.76
VONTOBEL FIN PRO         16.200    9/28/2012      EUR      65.76
VONTOBEL FIN PRO         16.183    9/28/2012      EUR      50.60
VONTOBEL FIN PRO         16.000    9/28/2012      EUR      66.76
VONTOBEL FIN PRO         15.700    9/28/2012      EUR      63.02
VONTOBEL FIN PRO         15.700    9/28/2012      EUR      68.72
VONTOBEL FIN PRO         16.900    9/28/2012      EUR      71.82
VONTOBEL FIN PRO         15.000    9/28/2012      EUR      71.44
VONTOBEL FIN PRO         15.000    9/28/2012      EUR      74.36
VONTOBEL FIN PRO         15.000    9/28/2012      EUR      66.86
VONTOBEL FIN PRO         14.957    9/28/2012      EUR      65.10
VONTOBEL FIN PRO         14.950    9/28/2012      EUR      72.84
VONTOBEL FIN PRO         14.906    9/28/2012      EUR      63.98
VONTOBEL FIN PRO         14.900    9/28/2012      EUR      62.00
VONTOBEL FIN PRO         14.895    9/28/2012      EUR      65.64
VONTOBEL FIN PRO         14.853    9/28/2012      EUR      55.16
VONTOBEL FIN PRO         14.786    9/28/2012      EUR      71.34
VONTOBEL FIN PRO         14.600    9/28/2012      EUR      66.32
VONTOBEL FIN PRO         14.550    9/28/2012      EUR      67.94
VONTOBEL FIN PRO         14.500    9/28/2012      EUR      64.96
VONTOBEL FIN PRO         14.303    9/28/2012      EUR      62.84
VONTOBEL FIN PRO         14.209    9/28/2012      EUR      58.76
VONTOBEL FIN PRO         14.200    9/28/2012      EUR      71.08
VONTOBEL FIN PRO         14.191    9/28/2012      EUR      45.64
VONTOBEL FIN PRO         14.154    9/28/2012      EUR      48.66
VONTOBEL FIN PRO         14.150    9/28/2012      EUR      72.96
VONTOBEL FIN PRO         14.150    9/28/2012      EUR      52.74
VONTOBEL FIN PRO         14.050    9/28/2012      EUR      65.30
VONTOBEL FIN PRO         13.950    9/28/2012      EUR      54.54
VONTOBEL FIN PRO         13.469    9/28/2012      EUR      54.09
VONTOBEL FIN PRO         13.352    9/28/2012      EUR      43.56
VONTOBEL FIN PRO         13.259    9/28/2012      EUR      50.78
VONTOBEL FIN PRO         13.257    9/28/2012      EUR      51.82
VONTOBEL FIN PRO         15.200    9/28/2012      EUR      69.46
VONTOBEL FIN PRO         13.135    9/28/2012      EUR      58.64
VONTOBEL FIN PRO         13.100    9/28/2012      EUR      67.06
VONTOBEL FIN PRO         13.071    9/28/2012      EUR      64.12
VONTOBEL FIN PRO         12.965    9/28/2012      EUR      66.66
VONTOBEL FIN PRO         12.943    9/28/2012      EUR      70.22
VONTOBEL FIN PRO         12.943    9/28/2012      EUR      67.90
VONTOBEL FIN PRO         12.857    9/28/2012      EUR      73.88
VONTOBEL FIN PRO         12.857    9/28/2012      EUR      55.78
VONTOBEL FIN PRO         12.847    9/28/2012      EUR      70.54
VONTOBEL FIN PRO         12.847    9/28/2012      EUR      50.44
VONTOBEL FIN PRO         12.800    9/28/2012      EUR      67.54
VONTOBEL FIN PRO         12.770    9/28/2012      EUR      66.98
VONTOBEL FIN PRO         12.761    9/28/2012      EUR      55.68
VONTOBEL FIN PRO         12.676    9/28/2012      EUR      68.38
VONTOBEL FIN PRO         12.471    9/28/2012      EUR      65.16
VONTOBEL FIN PRO         12.436    9/28/2012      EUR      65.82
VONTOBEL FIN PRO         12.398    9/28/2012      EUR      53.66
VONTOBEL FIN PRO         12.398    9/28/2012      EUR      68.00
VONTOBEL FIN PRO         12.350    9/28/2012      EUR      46.84
VONTOBEL FIN PRO         12.350    9/28/2012      EUR      56.12
VONTOBEL FIN PRO         12.168    9/28/2012      EUR      73.17
VONTOBEL FIN PRO         12.131    9/28/2012      EUR      60.20
VONTOBEL FIN PRO         12.067    9/28/2012      EUR      52.82
VONTOBEL FIN PRO         12.056    9/28/2012      EUR      56.78
VONTOBEL FIN PRO         12.050    9/28/2012      EUR      73.98
VONTOBEL FIN PRO         11.950    9/28/2012      EUR      68.20
VONTOBEL FIN PRO         11.900    9/28/2012      EUR      61.18
VONTOBEL FIN PRO         11.895    9/28/2012      EUR      45.14
VONTOBEL FIN PRO         11.816    9/28/2012      EUR      64.06
VONTOBEL FIN PRO         11.797    9/28/2012      EUR      55.71
VONTOBEL FIN PRO         11.790    9/28/2012      EUR      53.24
VONTOBEL FIN PRO         11.764    9/28/2012      EUR      58.92
VONTOBEL FIN PRO         11.698    9/28/2012      EUR      67.70
VONTOBEL FIN PRO         11.676    9/28/2012      EUR      53.70
VONTOBEL FIN PRO         11.580    9/28/2012      EUR      72.80
VONTOBEL FIN PRO         11.577    9/28/2012      EUR      52.48
VONTOBEL FIN PRO         11.550    9/28/2012      EUR      72.92
VONTOBEL FIN PRO         11.514    9/28/2012      EUR      65.72
VONTOBEL FIN PRO         11.502    9/28/2012      EUR      42.22
VONTOBEL FIN PRO         11.502    9/28/2012      EUR      48.24
VONTOBEL FIN PRO         11.497    9/28/2012      EUR      70.18
VONTOBEL FIN PRO         11.357    9/28/2012      EUR      58.78
VONTOBEL FIN PRO         11.350    9/28/2012      EUR      74.58
VONTOBEL FIN PRO         11.250    9/28/2012      EUR      70.48
VONTOBEL FIN PRO         11.245    9/28/2012      EUR      73.24
VONTOBEL FIN PRO         11.245    9/28/2012      EUR      74.04
VONTOBEL FIN PRO         11.241    9/28/2012      EUR      74.14
VONTOBEL FIN PRO         11.229    9/28/2012      EUR      67.36
VONTOBEL FIN PRO         11.200    9/28/2012      EUR      73.58
VONTOBEL FIN PRO         11.200    9/28/2012      EUR      69.98
VONTOBEL FIN PRO         13.150    9/28/2012      EUR      69.84
VONTOBEL FIN PRO         11.187    9/28/2012      EUR      61.28
VONTOBEL FIN PRO         11.145    9/28/2012      EUR      53.88
VONTOBEL FIN PRO         11.119    9/28/2012      EUR      61.80
VONTOBEL FIN PRO         11.119    9/28/2012      EUR      70.16
VONTOBEL FIN PRO         11.100    9/28/2012      EUR      69.60
VONTOBEL FIN PRO         11.100    9/28/2012      EUR      66.96
VONTOBEL FIN PRO         11.077    9/28/2012      EUR      53.07
VONTOBEL FIN PRO         11.068    9/28/2012      EUR      71.32
VONTOBEL FIN PRO         11.035    9/28/2012      EUR      64.74
VONTOBEL FIN PRO         11.028    9/28/2012      EUR      70.94
VONTOBEL FIN PRO         11.027    9/28/2012      EUR      68.42
VONTOBEL FIN PRO         11.017    9/28/2012      EUR      66.12
VONTOBEL FIN PRO         11.014    9/28/2012      EUR      74.08
VONTOBEL FIN PRO         10.989    9/28/2012      EUR      62.06
VONTOBEL FIN PRO         10.971    9/28/2012      EUR      69.30
VONTOBEL FIN PRO         10.915    9/28/2012      EUR      63.72
VONTOBEL FIN PRO         10.909    9/28/2012      EUR      58.38
VONTOBEL FIN PRO         10.905    9/28/2012      EUR      63.72
VONTOBEL FIN PRO         10.850    9/28/2012      EUR      57.94
VONTOBEL FIN PRO         10.830    9/28/2012      EUR      55.62
VONTOBEL FIN PRO         10.830    9/28/2012      EUR      71.24
VONTOBEL FIN PRO         10.830    9/28/2012      EUR      56.88
VONTOBEL FIN PRO         10.825    9/28/2012      EUR      70.90
VONTOBEL FIN PRO         10.755    9/28/2012      EUR      69.32
VONTOBEL FIN PRO         10.722    9/28/2012      EUR      64.38
VONTOBEL FIN PRO         10.678    9/28/2012      EUR      70.46
VONTOBEL FIN PRO         10.600    9/28/2012      EUR      64.50
VONTOBEL FIN PRO         10.556    9/28/2012      EUR      47.00
VONTOBEL FIN PRO         10.539    9/28/2012      EUR      60.12
VONTOBEL FIN PRO         10.494    9/28/2012      EUR      43.10
VONTOBEL FIN PRO         10.366    9/28/2012      EUR      59.30
VONTOBEL FIN PRO         10.344    9/28/2012      EUR      54.82
VONTOBEL FIN PRO         10.336    9/28/2012      EUR      55.08
VONTOBEL FIN PRO         10.320    9/28/2012      EUR      66.26
VONTOBEL FIN PRO         10.241    9/28/2012      EUR      73.74
VONTOBEL FIN PRO         10.155    9/28/2012      EUR      65.74
VONTOBEL FIN PRO         10.123    9/28/2012      EUR      57.90
VONTOBEL FIN PRO         10.083    9/28/2012      EUR      69.22
VONTOBEL FIN PRO         10.083    9/28/2012      EUR      55.48
VONTOBEL FIN PRO         10.046    9/28/2012      EUR      67.88
VONTOBEL FIN PRO         10.046    9/28/2012      EUR      56.78
VONTOBEL FIN PRO         10.014    9/28/2012      EUR      51.74
VONTOBEL FIN PRO         10.000    9/28/2012      EUR      53.14
VONTOBEL FIN PRO          9.986    9/28/2012      EUR      74.80
VONTOBEL FIN PRO          9.950    9/28/2012      EUR      58.24
VONTOBEL FIN PRO          9.926    9/28/2012      EUR      64.14
VONTOBEL FIN PRO          9.900    9/28/2012      EUR      69.72
VONTOBEL FIN PRO          9.900    9/28/2012      EUR      71.32
VONTOBEL FIN PRO          9.877    9/28/2012      EUR      50.70
VONTOBEL FIN PRO          9.860    9/28/2012      EUR      72.82
VONTOBEL FIN PRO         11.197    9/28/2012      EUR      65.72
VONTOBEL FIN PRO          9.803    9/28/2012      EUR      69.42
VONTOBEL FIN PRO          9.776    9/28/2012      EUR      65.16
VONTOBEL FIN PRO          9.700    9/28/2012      EUR      73.88
VONTOBEL FIN PRO          9.700    9/28/2012      EUR      73.84
VONTOBEL FIN PRO          9.672    9/28/2012      EUR      51.88
VONTOBEL FIN PRO          9.634    9/28/2012      EUR      58.56
VONTOBEL FIN PRO          9.557    9/28/2012      EUR      69.32
VONTOBEL FIN PRO          9.532    9/28/2012      EUR      71.08
VONTOBEL FIN PRO          9.523    9/28/2012      EUR      44.10
VONTOBEL FIN PRO          9.523    9/28/2012      EUR      63.44
VONTOBEL FIN PRO          9.492    9/28/2012      EUR      60.94
VONTOBEL FIN PRO          9.411    9/28/2012      EUR      74.78
VONTOBEL FIN PRO          9.405    9/28/2012      EUR      66.46
VONTOBEL FIN PRO          9.400    9/28/2012      EUR      58.64
VONTOBEL FIN PRO          9.386    9/28/2012      EUR      71.98
VONTOBEL FIN PRO          9.350    9/28/2012      EUR      72.18
VONTOBEL FIN PRO          9.345    9/28/2012      EUR      66.68
VONTOBEL FIN PRO          9.335    9/28/2012      EUR      74.96
VONTOBEL FIN PRO          9.324    9/28/2012      EUR      68.84
VONTOBEL FIN PRO          9.284    9/28/2012      EUR      55.42
VONTOBEL FIN PRO          9.273    9/28/2012      EUR      60.60
VONTOBEL FIN PRO          9.200    9/28/2012      EUR      74.76
VONTOBEL FIN PRO          9.112    9/28/2012      EUR      69.76
VONTOBEL FIN PRO          9.099    9/28/2012      EUR      74.74
VONTOBEL FIN PRO          9.037    9/28/2012      EUR      73.90
VONTOBEL FIN PRO          9.037    9/28/2012      EUR      51.60
VONTOBEL FIN PRO          9.037    9/28/2012      EUR      59.70
VONTOBEL FIN PRO          9.030    9/28/2012      EUR      74.32
VONTOBEL FIN PRO          8.980    9/28/2012      EUR      68.78
VONTOBEL FIN PRO          8.900    9/28/2012      EUR      72.70
VONTOBEL FIN PRO          8.878    9/28/2012      EUR      69.38
VONTOBEL FIN PRO          8.862    9/28/2012      EUR      71.24
VONTOBEL FIN PRO          8.786    9/28/2012      EUR      59.80
VONTOBEL FIN PRO          8.739    9/28/2012      EUR      66.38
VONTOBEL FIN PRO          8.705    9/28/2012      EUR      66.20
VONTOBEL FIN PRO          8.657    9/28/2012      EUR      73.44
VONTOBEL FIN PRO          8.626    9/28/2012      EUR      57.50
VONTOBEL FIN PRO          8.620    9/28/2012      EUR      63.82
VONTOBEL FIN PRO          8.581    9/28/2012      EUR      52.56
VONTOBEL FIN PRO          8.542    9/28/2012      EUR      69.46
VONTOBEL FIN PRO          8.529    9/28/2012      EUR      71.64
VONTOBEL FIN PRO          8.515    9/28/2012      EUR      68.60
VONTOBEL FIN PRO          8.440    9/28/2012      EUR      53.64
VONTOBEL FIN PRO          8.216    9/28/2012      EUR      71.84
VONTOBEL FIN PRO          8.200    9/28/2012      EUR      72.18
VONTOBEL FIN PRO          8.174    9/28/2012      EUR      61.32
VONTOBEL FIN PRO          8.121    9/28/2012      EUR      63.52
VONTOBEL FIN PRO          8.100    9/28/2012      EUR      71.96
VONTOBEL FIN PRO          7.950    9/28/2012      EUR      70.62
VONTOBEL FIN PRO          7.867    9/28/2012      EUR      63.18
VONTOBEL FIN PRO          9.803    9/28/2012      EUR      69.42
VONTOBEL FIN PRO          7.427    9/28/2012      EUR      70.28
VONTOBEL FIN PRO          7.350    9/28/2012      EUR      66.76
VONTOBEL FIN PRO          7.286    9/28/2012      EUR      73.76
VONTOBEL FIN PRO          6.771    9/28/2012      EUR      74.90
VONTOBEL FIN PRO          5.829    9/28/2012      EUR      66.80
VONTOBEL FIN PRO         11.050    8/24/2012      EUR      73.42
VONTOBEL FIN PRO         11.564    8/10/2012      EUR      69.70
VONTOBEL FIN PRO         11.850     8/3/2012      EUR      72.10
VONTOBEL FIN PRO          7.600     8/3/2012      EUR      73.64
VONTOBEL FIN PRO         12.864    7/27/2012      EUR      57.40
VONTOBEL FIN PRO         11.564    7/27/2012      EUR      58.40
VONTOBEL FIN PRO         10.559    7/27/2012      EUR      73.80
VONTOBEL FIN PRO          7.797    7/27/2012      EUR      73.00
VONTOBEL FIN PRO         11.665    7/20/2012      EUR      67.20
VONTOBEL FIN PRO         11.061    7/20/2012      EUR      64.00
VONTOBEL FIN PRO         10.860    7/20/2012      EUR      54.10
VONTOBEL FIN PRO         11.061    7/13/2012      EUR      63.20
VONTOBEL FIN PRO         10.860    7/13/2012      EUR      64.80
VONTOBEL FIN PRO         11.514     7/6/2012      EUR      50.70
VONTOBEL FIN PRO         10.860     7/6/2012      EUR      72.70
VONTOBEL FIN PRO         12.067    6/29/2012      EUR      52.60
VONTOBEL FIN PRO         12.067    6/29/2012      EUR      58.20
VONTOBEL FIN PRO         10.559    6/29/2012      EUR      72.50
VONTOBEL FIN PRO         23.300    6/22/2012      EUR      60.40
VONTOBEL FIN PRO         22.800    6/22/2012      EUR      49.34
VONTOBEL FIN PRO         21.456    6/22/2012      EUR      44.70
VONTOBEL FIN PRO         19.950    6/22/2012      EUR      73.54
VONTOBEL FIN PRO         19.350    6/22/2012      EUR      56.18
VONTOBEL FIN PRO         19.150    6/22/2012      EUR      63.10
VONTOBEL FIN PRO         18.650    6/22/2012      EUR      69.82
VONTOBEL FIN PRO         18.295    6/22/2012      EUR      39.80
VONTOBEL FIN PRO         18.289    6/22/2012      EUR      14.56
VONTOBEL FIN PRO         18.164    6/22/2012      EUR      14.84
VONTOBEL FIN PRO         18.150    6/22/2012      EUR      64.44
VONTOBEL FIN PRO         18.036    6/22/2012      EUR      48.12
VONTOBEL FIN PRO         17.950    6/22/2012      EUR      43.22
VONTOBEL FIN PRO         17.800    6/22/2012      EUR      59.34
VONTOBEL FIN PRO         17.784    6/22/2012      EUR      42.12
VONTOBEL FIN PRO         17.712    6/22/2012      EUR      15.08
VONTOBEL FIN PRO         17.500    6/22/2012      EUR      72.76
VONTOBEL FIN PRO         17.400    6/22/2012      EUR      74.38
VONTOBEL FIN PRO         17.333    6/22/2012      EUR      42.56
VONTOBEL FIN PRO         17.260    6/22/2012      EUR      14.64
VONTOBEL FIN PRO         17.189    6/22/2012      EUR      63.02
VONTOBEL FIN PRO         16.900    6/22/2012      EUR      66.78
VONTOBEL FIN PRO         16.864    6/22/2012      EUR      60.40
VONTOBEL FIN PRO         16.850    6/22/2012      EUR      65.62
VONTOBEL FIN PRO         16.833    6/22/2012      EUR      62.28
VONTOBEL FIN PRO         16.746    6/22/2012      EUR      17.92
VONTOBEL FIN PRO         16.667    6/22/2012      EUR      19.88
VONTOBEL FIN PRO         16.611    6/22/2012      EUR      64.38
VONTOBEL FIN PRO         16.600    6/22/2012      EUR      68.28
VONTOBEL FIN PRO         16.600    6/22/2012      EUR      74.34
VONTOBEL FIN PRO         16.595    6/22/2012      EUR      51.36
VONTOBEL FIN PRO         16.497    6/22/2012      EUR      18.76
VONTOBEL FIN PRO         16.488    6/22/2012      EUR      19.82
VONTOBEL FIN PRO         16.389    6/22/2012      EUR      68.86
VONTOBEL FIN PRO         16.293    6/22/2012      EUR      66.90
VONTOBEL FIN PRO         16.250    6/22/2012      EUR      69.78
VONTOBEL FIN PRO         16.156    6/22/2012      EUR      55.48
VONTOBEL FIN PRO         16.150    6/22/2012      EUR      52.08
VONTOBEL FIN PRO         16.110    6/22/2012      EUR      15.50
VONTOBEL FIN PRO         16.000    6/22/2012      EUR      73.66
VONTOBEL FIN PRO         15.979    6/22/2012      EUR      55.94
VONTOBEL FIN PRO          7.432    9/28/2012      EUR      63.02
VONTOBEL FIN PRO         10.950   12/31/2012      EUR      68.10
VONTOBEL FIN PRO         10.912   12/31/2012      EUR      69.04
VONTOBEL FIN PRO         10.900   12/31/2012      EUR      66.86
VONTOBEL FIN PRO         10.807   12/31/2012      EUR      60.36
VONTOBEL FIN PRO         10.807   12/31/2012      EUR      22.40
VONTOBEL FIN PRO         10.800   12/31/2012      EUR      74.74
VONTOBEL FIN PRO         10.702   12/31/2012      EUR      74.16
VONTOBEL FIN PRO         10.700   12/31/2012      EUR      69.64
VONTOBEL FIN PRO         10.700   12/31/2012      EUR      70.18
VONTOBEL FIN PRO         10.621   12/31/2012      EUR      74.47
VONTOBEL FIN PRO         10.500   12/31/2012      EUR      45.68
VONTOBEL FIN PRO         10.456   12/31/2012      EUR      70.04
VONTOBEL FIN PRO         10.421   12/31/2012      EUR      59.62
VONTOBEL FIN PRO         10.351   12/31/2012      EUR      72.98
VONTOBEL FIN PRO         10.351   12/31/2012      EUR      71.48
VONTOBEL FIN PRO         10.231   12/31/2012      EUR      67.76
VONTOBEL FIN PRO         10.211   12/31/2012      EUR      70.50
VONTOBEL FIN PRO         10.207   12/31/2012      EUR      66.42
VONTOBEL FIN PRO         10.175   12/31/2012      EUR      46.58
VONTOBEL FIN PRO         10.105   12/31/2012      EUR      72.14
VONTOBEL FIN PRO         10.050   12/31/2012      EUR      66.10
VONTOBEL FIN PRO         10.035   12/31/2012      EUR      71.52
VONTOBEL FIN PRO          9.965   12/31/2012      EUR      68.68
VONTOBEL FIN PRO          9.950   12/31/2012      EUR      66.66
VONTOBEL FIN PRO          9.856   12/31/2012      EUR      73.34
VONTOBEL FIN PRO          9.850   12/31/2012      EUR      70.94
VONTOBEL FIN PRO          9.841   12/31/2012      EUR      58.60
VONTOBEL FIN PRO          9.825   12/31/2012      EUR      65.36
VONTOBEL FIN PRO          9.800   12/31/2012      EUR      70.92
VONTOBEL FIN PRO          9.754   12/31/2012      EUR      46.88
VONTOBEL FIN PRO          9.754   12/31/2012      EUR      62.16
VONTOBEL FIN PRO          9.700   12/31/2012      EUR      59.38
VONTOBEL FIN PRO          9.700   12/31/2012      EUR      70.56
VONTOBEL FIN PRO          9.605   12/31/2012      EUR      67.62
VONTOBEL FIN PRO          9.509   12/31/2012      EUR      73.30
VONTOBEL FIN PRO          9.500   12/31/2012      EUR      74.96
VONTOBEL FIN PRO          9.400   12/31/2012      EUR      73.32
VONTOBEL FIN PRO          9.333   12/31/2012      EUR      74.08
VONTOBEL FIN PRO          9.250   12/31/2012      EUR      53.04
VONTOBEL FIN PRO          9.193   12/31/2012      EUR      47.42
VONTOBEL FIN PRO          9.150   12/31/2012      EUR      74.84
VONTOBEL FIN PRO          9.123   12/31/2012      EUR      61.84
VONTOBEL FIN PRO          8.950   12/31/2012      EUR      61.78
VONTOBEL FIN PRO          8.912   12/31/2012      EUR      74.48
VONTOBEL FIN PRO          8.895   12/31/2012      EUR      63.46
VONTOBEL FIN PRO          8.877   12/31/2012      EUR      61.94
VONTOBEL FIN PRO          8.842   12/31/2012      EUR      73.16
VONTOBEL FIN PRO          8.737   12/31/2012      EUR      67.34
VONTOBEL FIN PRO          8.737   12/31/2012      EUR      64.18
VONTOBEL FIN PRO          8.702   12/31/2012      EUR      70.72
VONTOBEL FIN PRO          8.526   12/31/2012      EUR      22.06
VONTOBEL FIN PRO          8.300   12/31/2012      EUR      56.96
VONTOBEL FIN PRO          8.246   12/31/2012      EUR      48.36
VONTOBEL FIN PRO          8.230   12/31/2012      EUR      62.72
VONTOBEL FIN PRO         15.950    6/22/2012      EUR      62.46
VONTOBEL FIN PRO         15.944    6/22/2012      EUR      70.82
VONTOBEL FIN PRO         15.940    6/22/2012      EUR      34.98
VONTOBEL FIN PRO         15.920    6/22/2012      EUR      16.16
VONTOBEL FIN PRO         15.856    6/22/2012      EUR      66.40
VONTOBEL FIN PRO         15.840    6/22/2012      EUR      44.56
VONTOBEL FIN PRO         15.526    6/22/2012      EUR      45.82
VONTOBEL FIN PRO         15.448    6/22/2012      EUR      42.94
VONTOBEL FIN PRO         15.370    6/22/2012      EUR      43.50
VONTOBEL FIN PRO         15.308    6/22/2012      EUR      40.16
VONTOBEL FIN PRO         15.258    6/22/2012      EUR      59.66
VONTOBEL FIN PRO         15.250    6/22/2012      EUR      56.42
VONTOBEL FIN PRO         15.167    6/22/2012      EUR      44.70
VONTOBEL FIN PRO         15.091    6/22/2012      EUR      53.78
VONTOBEL FIN PRO         15.081    6/22/2012      EUR      62.84
VONTOBEL FIN PRO         14.821    6/22/2012      EUR      29.76
VONTOBEL FIN PRO         14.791    6/22/2012      EUR      18.54
VONTOBEL FIN PRO         14.717    6/22/2012      EUR      39.68
VONTOBEL FIN PRO         14.712    6/22/2012      EUR      38.48
VONTOBEL FIN PRO         14.680    6/22/2012      EUR      41.90
VONTOBEL FIN PRO         14.652    6/22/2012      EUR      52.34
VONTOBEL FIN PRO         14.640    6/22/2012      EUR      70.10
VONTOBEL FIN PRO         14.611    6/22/2012      EUR      60.80
VONTOBEL FIN PRO         14.595    6/22/2012      EUR      63.42
VONTOBEL FIN PRO         14.580    6/22/2012      EUR      51.92
VONTOBEL FIN PRO         14.561    6/22/2012      EUR      56.80
VONTOBEL FIN PRO         14.450    6/22/2012      EUR      44.40
VONTOBEL FIN PRO         14.447    6/22/2012      EUR      60.22
VONTOBEL FIN PRO         14.436    6/22/2012      EUR      20.76
VONTOBEL FIN PRO         14.345    6/22/2012      EUR      51.38
VONTOBEL FIN PRO         14.302    6/22/2012      EUR      17.20
VONTOBEL FIN PRO         14.278    6/22/2012      EUR      40.86
VONTOBEL FIN PRO         14.276    6/22/2012      EUR      57.48
VONTOBEL FIN PRO         14.229    6/22/2012      EUR      37.64
VONTOBEL FIN PRO         14.211    6/22/2012      EUR      71.88
VONTOBEL FIN PRO         14.201    6/22/2012      EUR      30.94
VONTOBEL FIN PRO         14.172    6/22/2012      EUR      56.52
VONTOBEL FIN PRO         14.167    6/22/2012      EUR      66.26
VONTOBEL FIN PRO         14.160    6/22/2012      EUR      16.70
VONTOBEL FIN PRO         14.150    6/22/2012      EUR      73.54
VONTOBEL FIN PRO         14.061    6/22/2012      EUR      52.20
VONTOBEL FIN PRO         14.000    6/22/2012      EUR      54.08
VONTOBEL FIN PRO         14.000    6/22/2012      EUR      44.36
VONTOBEL FIN PRO         13.980    6/22/2012      EUR      50.84
VONTOBEL FIN PRO         13.974    6/22/2012      EUR      60.72
VONTOBEL FIN PRO         13.973    6/22/2012      EUR      66.21
VONTOBEL FIN PRO         13.968    6/22/2012      EUR      63.94
VONTOBEL FIN PRO         13.961    6/22/2012      EUR      68.18
VONTOBEL FIN PRO         13.944    6/22/2012      EUR      68.50
VONTOBEL FIN PRO         13.886    6/22/2012      EUR      52.52
VONTOBEL FIN PRO         13.860    6/22/2012      EUR      47.38
VONTOBEL FIN PRO         13.846    6/22/2012      EUR      53.98
VONTOBEL FIN PRO         13.832    6/22/2012      EUR      36.12
VONTOBEL FIN PRO         13.832    6/22/2012      EUR      52.18
VONTOBEL FIN PRO         13.829    6/22/2012      EUR      47.40
VONTOBEL FIN PRO         13.812    6/22/2012      EUR      50.80
VONTOBEL FIN PRO         13.803    6/22/2012      EUR      49.04
VONTOBEL FIN PRO         13.800    6/22/2012      EUR      64.60
VONTOBEL FIN PRO         13.792    6/22/2012      EUR      49.62
VONTOBEL FIN PRO         13.778    6/22/2012      EUR      61.98
VONTOBEL FIN PRO         13.778    6/22/2012      EUR      73.26
VONTOBEL FIN PRO         13.758    6/22/2012      EUR      31.94
VONTOBEL FIN PRO         13.748    6/22/2012      EUR      39.14
VONTOBEL FIN PRO         13.748    6/22/2012      EUR      61.68
VONTOBEL FIN PRO         13.700    6/22/2012      EUR      65.52
VONTOBEL FIN PRO         13.667    6/22/2012      EUR      64.88
VONTOBEL FIN PRO         13.650    6/22/2012      EUR      57.10
VONTOBEL FIN PRO         13.648    6/22/2012      EUR      60.68
VONTOBEL FIN PRO         13.627    6/22/2012      EUR      70.82
VONTOBEL FIN PRO         13.615    6/22/2012      EUR      49.86
VONTOBEL FIN PRO         13.536    6/22/2012      EUR      33.46
VONTOBEL FIN PRO         13.522    6/22/2012      EUR      52.98
VONTOBEL FIN PRO         13.521    6/22/2012      EUR      39.96
VONTOBEL FIN PRO         13.500    6/22/2012      EUR      31.70
VONTOBEL FIN PRO         13.463    6/22/2012      EUR      29.92
VONTOBEL FIN PRO         13.461    6/22/2012      EUR      65.88
VONTOBEL FIN PRO         13.388    6/22/2012      EUR      65.88
VONTOBEL FIN PRO         13.355    6/22/2012      EUR      41.74
VONTOBEL FIN PRO         13.343    6/22/2012      EUR      50.86
VONTOBEL FIN PRO         13.293    6/22/2012      EUR      59.78
VONTOBEL FIN PRO         13.288    6/22/2012      EUR      42.06
VONTOBEL FIN PRO         13.283    6/22/2012      EUR      39.06
VONTOBEL FIN PRO         13.253    6/22/2012      EUR      48.12
VONTOBEL FIN PRO         13.224    6/22/2012      EUR      54.92
VONTOBEL FIN PRO         13.208    6/22/2012      EUR      44.26
VONTOBEL FIN PRO         13.200    6/22/2012      EUR      62.16
VONTOBEL FIN PRO         13.150    6/22/2012      EUR      48.90
VONTOBEL FIN PRO         13.150    6/22/2012      EUR      72.64
VONTOBEL FIN PRO         13.123    6/22/2012      EUR      72.46
VONTOBEL FIN PRO         13.111    6/22/2012      EUR      47.14
VONTOBEL FIN PRO         13.084    6/22/2012      EUR      58.50
VONTOBEL FIN PRO         13.055    6/22/2012      EUR      73.90
VONTOBEL FIN PRO         13.035    6/22/2012      EUR      68.96
VONTOBEL FIN PRO         13.032    6/22/2012      EUR      34.62
VONTOBEL FIN PRO         13.027    6/22/2012      EUR      70.66
VONTOBEL FIN PRO         13.024    6/22/2012      EUR      62.90
VONTOBEL FIN PRO         13.000    6/22/2012      EUR      20.64
VONTOBEL FIN PRO         12.978    6/22/2012      EUR      72.44
VONTOBEL FIN PRO         12.964    6/22/2012      EUR      58.18
VONTOBEL FIN PRO         12.926    6/22/2012      EUR      69.38
VONTOBEL FIN PRO         12.890    6/22/2012      EUR      74.48
VONTOBEL FIN PRO         12.880    6/22/2012      EUR      61.08
VONTOBEL FIN PRO         12.878    6/22/2012      EUR      66.76
VONTOBEL FIN PRO         12.870    6/22/2012      EUR      55.16
VONTOBEL FIN PRO         12.857    6/22/2012      EUR      73.92
VONTOBEL FIN PRO         12.830    6/22/2012      EUR      36.16
VONTOBEL FIN PRO         12.799    6/22/2012      EUR      59.16
VONTOBEL FIN PRO         12.740    6/22/2012      EUR      73.08
VONTOBEL FIN PRO         12.716    6/22/2012      EUR      37.92
VONTOBEL FIN PRO         12.689    6/22/2012      EUR      56.18
VONTOBEL FIN PRO         12.685    6/22/2012      EUR      40.72
VONTOBEL FIN PRO         12.679    6/22/2012      EUR      54.35
VONTOBEL FIN PRO         12.672    6/22/2012      EUR      37.44
VONTOBEL FIN PRO         12.672    6/22/2012      EUR      64.26
VONTOBEL FIN PRO         12.667    6/22/2012      EUR      66.54
VONTOBEL FIN PRO         12.652    6/22/2012      EUR      62.74
VONTOBEL FIN PRO         12.627    6/22/2012      EUR      46.06
VONTOBEL FIN PRO         12.623    6/22/2012      EUR      31.38
VONTOBEL FIN PRO         12.600    6/22/2012      EUR      63.40
VONTOBEL FIN PRO         12.595    6/22/2012      EUR      50.10
VONTOBEL FIN PRO         12.578    6/22/2012      EUR      42.46
VONTOBEL FIN PRO         12.578    6/22/2012      EUR      62.16
VONTOBEL FIN PRO         12.550    6/22/2012      EUR      70.00
VONTOBEL FIN PRO         12.547    6/22/2012      EUR      63.46
VONTOBEL FIN PRO         12.544    6/22/2012      EUR      42.26
VONTOBEL FIN PRO         12.537    6/22/2012      EUR      51.16
VONTOBEL FIN PRO         12.536    6/22/2012      EUR      55.88
VONTOBEL FIN PRO         12.532    6/22/2012      EUR      59.28
VONTOBEL FIN PRO         12.520    6/22/2012      EUR      49.71
VONTOBEL FIN PRO         12.512    6/22/2012      EUR      48.90
VONTOBEL FIN PRO         12.500    6/22/2012      EUR      74.16
VONTOBEL FIN PRO         12.500    6/22/2012      EUR      67.10
VONTOBEL FIN PRO         12.472    6/22/2012      EUR      72.02
VONTOBEL FIN PRO         12.462    6/22/2012      EUR      63.52
VONTOBEL FIN PRO         12.456    6/22/2012      EUR      53.48
VONTOBEL FIN PRO         12.451    6/22/2012      EUR      49.64
VONTOBEL FIN PRO         12.420    6/22/2012      EUR      21.90
VONTOBEL FIN PRO         12.403    6/22/2012      EUR      67.86
VONTOBEL FIN PRO         12.398    6/22/2012      EUR      61.04
VONTOBEL FIN PRO         12.393    6/22/2012      EUR      58.42
VONTOBEL FIN PRO         12.389    6/22/2012      EUR      42.84
VONTOBEL FIN PRO         12.382    6/22/2012      EUR      51.94
VONTOBEL FIN PRO         12.370    6/22/2012      EUR      73.62
VONTOBEL FIN PRO         12.352    6/22/2012      EUR      54.14
VONTOBEL FIN PRO         12.348    6/22/2012      EUR      61.72
VONTOBEL FIN PRO         12.343    6/22/2012      EUR      40.08
VONTOBEL FIN PRO         12.340    6/22/2012      EUR      45.46
VONTOBEL FIN PRO         12.340    6/22/2012      EUR      58.23
VONTOBEL FIN PRO         12.334    6/22/2012      EUR      72.62
VONTOBEL FIN PRO         12.323    6/22/2012      EUR      33.56
VONTOBEL FIN PRO         12.311    6/22/2012      EUR      63.20
VONTOBEL FIN PRO         12.306    6/22/2012      EUR      72.46
VONTOBEL FIN PRO         12.303    6/22/2012      EUR      73.20
VONTOBEL FIN PRO         12.300    6/22/2012      EUR      49.40
VONTOBEL FIN PRO         12.298    6/22/2012      EUR      51.46
VONTOBEL FIN PRO         12.276    6/22/2012      EUR      45.64
VONTOBEL FIN PRO         12.264    6/22/2012      EUR      72.00
VONTOBEL FIN PRO         12.260    6/22/2012      EUR      52.16
VONTOBEL FIN PRO         12.247    6/22/2012      EUR      48.28
VONTOBEL FIN PRO         12.226    6/22/2012      EUR      16.92
VONTOBEL FIN PRO         12.216    6/22/2012      EUR      55.72
VONTOBEL FIN PRO         12.204    6/22/2012      EUR      42.74
VONTOBEL FIN PRO         12.168    6/22/2012      EUR      52.62
VONTOBEL FIN PRO         12.164    6/22/2012      EUR      63.20
VONTOBEL FIN PRO         12.162    6/22/2012      EUR      67.52
VONTOBEL FIN PRO         12.148    6/22/2012      EUR      69.10
VONTOBEL FIN PRO         12.144    6/22/2012      EUR      61.22
VONTOBEL FIN PRO         12.123    6/22/2012      EUR      48.08
VONTOBEL FIN PRO         12.118    6/22/2012      EUR      64.70
VONTOBEL FIN PRO         12.117    6/22/2012      EUR      37.82
VONTOBEL FIN PRO         12.111    6/22/2012      EUR      64.52
VONTOBEL FIN PRO         12.103    6/22/2012      EUR      52.65
VONTOBEL FIN PRO         12.091    6/22/2012      EUR      71.98
VONTOBEL FIN PRO         12.038    6/22/2012      EUR      66.61
VONTOBEL FIN PRO         12.025    6/22/2012      EUR      70.82
VONTOBEL FIN PRO         12.017    6/22/2012      EUR      57.10
VONTOBEL FIN PRO         12.013    6/22/2012      EUR      45.96
VONTOBEL FIN PRO         12.000    6/22/2012      EUR      61.74
VONTOBEL FIN PRO         12.000    6/22/2012      EUR      55.14
VONTOBEL FIN PRO         12.000    6/22/2012      EUR      66.74
VONTOBEL FIN PRO         11.983    6/22/2012      EUR      69.04
VONTOBEL FIN PRO         11.967    6/22/2012      EUR      53.30
VONTOBEL FIN PRO         11.959    6/22/2012      EUR      74.80
VONTOBEL FIN PRO         11.955    6/22/2012      EUR      35.62
VONTOBEL FIN PRO         11.952    6/22/2012      EUR      50.66
VONTOBEL FIN PRO         11.944    6/22/2012      EUR      56.50
VONTOBEL FIN PRO         11.917    6/22/2012      EUR      63.74
VONTOBEL FIN PRO         11.910    6/22/2012      EUR      52.68
VONTOBEL FIN PRO         11.900    6/22/2012      EUR      66.32
VONTOBEL FIN PRO         11.888    6/22/2012      EUR      71.58
VONTOBEL FIN PRO         11.877    6/22/2012      EUR      72.57
VONTOBEL FIN PRO         11.867    6/22/2012      EUR      69.70
VONTOBEL FIN PRO         11.844    6/22/2012      EUR      55.52
VONTOBEL FIN PRO         11.819    6/22/2012      EUR      61.90
VONTOBEL FIN PRO         11.811    6/22/2012      EUR      38.88
VONTOBEL FIN PRO         11.808    6/22/2012      EUR      57.18
VONTOBEL FIN PRO         11.807    6/22/2012      EUR      49.90
VONTOBEL FIN PRO         11.807    6/22/2012      EUR      54.74
VONTOBEL FIN PRO         11.800    6/22/2012      EUR      64.16
VONTOBEL FIN PRO         11.791    6/22/2012      EUR      61.86
VONTOBEL FIN PRO         11.778    6/22/2012      EUR      43.34
VONTOBEL FIN PRO         11.776    6/22/2012      EUR      73.64
VONTOBEL FIN PRO         11.774    6/22/2012      EUR      43.88
VONTOBEL FIN PRO         11.755    6/22/2012      EUR      74.14
VONTOBEL FIN PRO         11.750    6/22/2012      EUR      49.16
VONTOBEL FIN PRO         11.736    6/22/2012      EUR      36.02
VONTOBEL FIN PRO         11.713    6/22/2012      EUR      71.58
VONTOBEL FIN PRO         11.705    6/22/2012      EUR      43.01
VONTOBEL FIN PRO         11.693    6/22/2012      EUR      42.48
VONTOBEL FIN PRO         11.622    6/22/2012      EUR      59.02
VONTOBEL FIN PRO         11.614    6/22/2012      EUR      46.58
VONTOBEL FIN PRO         11.600    6/22/2012      EUR      52.02
VONTOBEL FIN PRO         11.591    6/22/2012      EUR      60.86
VONTOBEL FIN PRO         11.586    6/22/2012      EUR      54.41
VONTOBEL FIN PRO         11.585    6/22/2012      EUR      67.32
VONTOBEL FIN PRO         11.582    6/22/2012      EUR      59.68
VONTOBEL FIN PRO         11.581    6/22/2012      EUR      48.90
VONTOBEL FIN PRO         11.566    6/22/2012      EUR      50.20
VONTOBEL FIN PRO         11.560    6/22/2012      EUR      36.56
VONTOBEL FIN PRO         11.556    6/22/2012      EUR      73.28
VONTOBEL FIN PRO         11.554    6/22/2012      EUR      69.14
VONTOBEL FIN PRO         11.554    6/22/2012      EUR      59.88
VONTOBEL FIN PRO         11.550    6/22/2012      EUR      68.96
VONTOBEL FIN PRO         11.546    6/22/2012      EUR      71.14
VONTOBEL FIN PRO         11.545    6/22/2012      EUR      73.24
VONTOBEL FIN PRO         11.534    6/22/2012      EUR      56.20
VONTOBEL FIN PRO         11.534    6/22/2012      EUR      72.88
VONTOBEL FIN PRO         11.533    6/22/2012      EUR      70.32
VONTOBEL FIN PRO         11.514    6/22/2012      EUR      69.16
VONTOBEL FIN PRO         11.484    6/22/2012      EUR      57.58
VONTOBEL FIN PRO         11.463    6/22/2012      EUR      73.36
VONTOBEL FIN PRO         11.455    6/22/2012      EUR      52.66
VONTOBEL FIN PRO         11.443    6/22/2012      EUR      65.46
VONTOBEL FIN PRO         11.430    6/22/2012      EUR      71.34
VONTOBEL FIN PRO         11.425    6/22/2012      EUR      47.52
VONTOBEL FIN PRO         11.425    6/22/2012      EUR      63.14
VONTOBEL FIN PRO         11.422    6/22/2012      EUR      43.28
VONTOBEL FIN PRO         11.409    6/22/2012      EUR      57.58
VONTOBEL FIN PRO         11.405    6/22/2012      EUR      68.60
VONTOBEL FIN PRO         11.405    6/22/2012      EUR      70.24
VONTOBEL FIN PRO         11.396    6/22/2012      EUR      51.11
VONTOBEL FIN PRO         11.394    6/22/2012      EUR      70.40
VONTOBEL FIN PRO         11.389    6/22/2012      EUR      68.64
VONTOBEL FIN PRO         11.389    6/22/2012      EUR      65.90
VONTOBEL FIN PRO         11.388    6/22/2012      EUR      72.80
VONTOBEL FIN PRO         11.377    6/22/2012      EUR      43.60
VONTOBEL FIN PRO         11.366    6/22/2012      EUR      57.46
VONTOBEL FIN PRO         11.361    6/22/2012      EUR      46.34
VONTOBEL FIN PRO         11.356    6/22/2012      EUR      68.08
VONTOBEL FIN PRO         11.342    6/22/2012      EUR      71.98
VONTOBEL FIN PRO         11.333    6/22/2012      EUR      70.40
VONTOBEL FIN PRO         11.328    6/22/2012      EUR      63.94
VONTOBEL FIN PRO         11.319    6/22/2012      EUR      44.22
VONTOBEL FIN PRO         11.314    6/22/2012      EUR      74.72
VONTOBEL FIN PRO         11.305    6/22/2012      EUR      71.90
VONTOBEL FIN PRO         11.304    6/22/2012      EUR      51.78
VONTOBEL FIN PRO         11.296    6/22/2012      EUR      61.30
VONTOBEL FIN PRO         11.287    6/22/2012      EUR      64.54
VONTOBEL FIN PRO         11.283    6/22/2012      EUR      45.30
VONTOBEL FIN PRO         11.238    6/22/2012      EUR      43.56
VONTOBEL FIN PRO         11.237    6/22/2012      EUR      70.22
VONTOBEL FIN PRO         11.227    6/22/2012      EUR      73.56
VONTOBEL FIN PRO         11.219    6/22/2012      EUR      63.67
VONTOBEL FIN PRO         11.219    6/22/2012      EUR      73.52
VONTOBEL FIN PRO         11.219    6/22/2012      EUR      53.00
VONTOBEL FIN PRO         11.194    6/22/2012      EUR      71.98
VONTOBEL FIN PRO         11.194    6/22/2012      EUR      63.74
VONTOBEL FIN PRO         11.138    6/22/2012      EUR      70.20
VONTOBEL FIN PRO         11.135    6/22/2012      EUR      66.98
VONTOBEL FIN PRO         11.130    6/22/2012      EUR      72.45
VONTOBEL FIN PRO         11.129    6/22/2012      EUR      63.34
VONTOBEL FIN PRO         11.123    6/22/2012      EUR      73.06
VONTOBEL FIN PRO         11.117    6/22/2012      EUR      68.96
VONTOBEL FIN PRO         11.103    6/22/2012      EUR      63.86
VONTOBEL FIN PRO         11.098    6/22/2012      EUR      65.42
VONTOBEL FIN PRO         11.080    6/22/2012      EUR      67.90
VONTOBEL FIN PRO         11.080    6/22/2012      EUR      63.88
VONTOBEL FIN PRO         11.056    6/22/2012      EUR      63.60
VONTOBEL FIN PRO         11.052    6/22/2012      EUR      45.84
VONTOBEL FIN PRO         11.032    6/22/2012      EUR      73.30
VONTOBEL FIN PRO         11.029    6/22/2012      EUR      60.20
VONTOBEL FIN PRO         11.019    6/22/2012      EUR      56.92
VONTOBEL FIN PRO         11.014    6/22/2012      EUR      73.47
VONTOBEL FIN PRO         10.980    6/22/2012      EUR      66.56
VONTOBEL FIN PRO         10.970    6/22/2012      EUR      68.22
VONTOBEL FIN PRO         10.955    6/22/2012      EUR      65.42
VONTOBEL FIN PRO         10.925    6/22/2012      EUR      49.28
VONTOBEL FIN PRO         10.925    6/22/2012      EUR      70.70
VONTOBEL FIN PRO         10.925    6/22/2012      EUR      47.46
VONTOBEL FIN PRO         10.920    6/22/2012      EUR      36.04
VONTOBEL FIN PRO         10.918    6/22/2012      EUR      73.98
VONTOBEL FIN PRO         10.909    6/22/2012      EUR      35.42
VONTOBEL FIN PRO         10.890    6/22/2012      EUR      74.66
VONTOBEL FIN PRO         10.878    6/22/2012      EUR      57.22
VONTOBEL FIN PRO         10.865    6/22/2012      EUR      73.50
VONTOBEL FIN PRO         10.850    6/22/2012      EUR      69.14
VONTOBEL FIN PRO         10.847    6/22/2012      EUR      56.78
VONTOBEL FIN PRO         10.843    6/22/2012      EUR      63.16
VONTOBEL FIN PRO         10.833    6/22/2012      EUR      70.60
VONTOBEL FIN PRO         10.833    6/22/2012      EUR      44.16
VONTOBEL FIN PRO         10.818    6/22/2012      EUR      72.52
VONTOBEL FIN PRO         10.800    6/22/2012      EUR      36.54
VONTOBEL FIN PRO         10.791    6/22/2012      EUR      69.24
VONTOBEL FIN PRO         10.789    6/22/2012      EUR      73.60
VONTOBEL FIN PRO         10.781    6/22/2012      EUR      70.14
VONTOBEL FIN PRO         10.779    6/22/2012      EUR      56.76
VONTOBEL FIN PRO         10.761    6/22/2012      EUR      63.76
VONTOBEL FIN PRO         10.760    6/22/2012      EUR      64.54
VONTOBEL FIN PRO         10.759    6/22/2012      EUR      65.13
VONTOBEL FIN PRO         10.757    6/22/2012      EUR      72.34
VONTOBEL FIN PRO         10.757    6/22/2012      EUR      53.36
VONTOBEL FIN PRO         10.726    6/22/2012      EUR      44.44
VONTOBEL FIN PRO         10.724    6/22/2012      EUR      49.44
VONTOBEL FIN PRO         10.703    6/22/2012      EUR      70.62
VONTOBEL FIN PRO         10.697    6/22/2012      EUR      73.68
VONTOBEL FIN PRO         10.668    6/22/2012      EUR      66.70
VONTOBEL FIN PRO         10.668    6/22/2012      EUR      69.62
VONTOBEL FIN PRO         10.660    6/22/2012      EUR      41.16
VONTOBEL FIN PRO         10.642    6/22/2012      EUR      54.31
VONTOBEL FIN PRO         10.620    6/22/2012      EUR      58.16
VONTOBEL FIN PRO         10.612    6/22/2012      EUR      65.78
VONTOBEL FIN PRO         10.607    6/22/2012      EUR      45.08
VONTOBEL FIN PRO         10.577    6/22/2012      EUR      55.24
VONTOBEL FIN PRO         10.571    6/22/2012      EUR      73.18
VONTOBEL FIN PRO         10.567    6/22/2012      EUR      54.66
VONTOBEL FIN PRO         10.556    6/22/2012      EUR      69.38
VONTOBEL FIN PRO         10.548    6/22/2012      EUR      48.86
VONTOBEL FIN PRO         10.528    6/22/2012      EUR      58.01
VONTOBEL FIN PRO         10.520    6/22/2012      EUR      33.26
VONTOBEL FIN PRO         10.500    6/22/2012      EUR      49.28
VONTOBEL FIN PRO         10.490    6/22/2012      EUR      44.04
VONTOBEL FIN PRO         10.486    6/22/2012      EUR      37.50
VONTOBEL FIN PRO         10.479    6/22/2012      EUR      72.40
VONTOBEL FIN PRO         10.478    6/22/2012      EUR      66.92
VONTOBEL FIN PRO         10.476    6/22/2012      EUR      23.34
VONTOBEL FIN PRO         10.458    6/22/2012      EUR      60.80
VONTOBEL FIN PRO         10.440    6/22/2012      EUR      61.74
VONTOBEL FIN PRO         10.439    6/22/2012      EUR      40.68
VONTOBEL FIN PRO         10.438    6/22/2012      EUR      63.02
VONTOBEL FIN PRO         10.415    6/22/2012      EUR      66.41
VONTOBEL FIN PRO         10.402    6/22/2012      EUR      54.02
VONTOBEL FIN PRO         10.389    6/22/2012      EUR      68.72
VONTOBEL FIN PRO         10.371    6/22/2012      EUR      55.24
VONTOBEL FIN PRO         10.364    6/22/2012      EUR      67.72
VONTOBEL FIN PRO         10.364    6/22/2012      EUR      67.72
VONTOBEL FIN PRO         10.333    6/22/2012      EUR      70.28
VONTOBEL FIN PRO         10.325    6/22/2012      EUR      64.46
VONTOBEL FIN PRO         10.311    6/22/2012      EUR      74.78
VONTOBEL FIN PRO         10.293    6/22/2012      EUR      74.00
VONTOBEL FIN PRO         10.286    6/22/2012      EUR      64.78
VONTOBEL FIN PRO         10.278    6/22/2012      EUR      44.72
VONTOBEL FIN PRO         10.274    6/22/2012      EUR      68.02
VONTOBEL FIN PRO         10.273    6/22/2012      EUR      54.00
VONTOBEL FIN PRO         10.272    6/22/2012      EUR      72.82
VONTOBEL FIN PRO         10.264    6/22/2012      EUR      51.27
VONTOBEL FIN PRO         10.260    6/22/2012      EUR      44.54
VONTOBEL FIN PRO         10.257    6/22/2012      EUR      48.38
VONTOBEL FIN PRO          5.100    4/14/2014      EUR      41.90
VONTOBEL FIN PRO          5.474    3/17/2014      EUR      71.70
VONTOBEL FIN PRO          7.389   11/25/2013      EUR      35.30
VONTOBEL FIN PRO          8.000    6/28/2013      EUR      73.54
VONTOBEL FIN PRO          6.000    6/28/2013      EUR      63.82
VONTOBEL FIN PRO          4.000    6/28/2013      EUR      51.26
VONTOBEL FIN PRO         20.900    3/22/2013      EUR      68.98
VONTOBEL FIN PRO         18.500    3/22/2013      EUR      74.92
VONTOBEL FIN PRO         18.350    3/22/2013      EUR      73.10
VONTOBEL FIN PRO         17.950    3/22/2013      EUR      72.58
VONTOBEL FIN PRO         17.400    3/22/2013      EUR      62.00
VONTOBEL FIN PRO         14.950    3/22/2013      EUR      74.56
VONTOBEL FIN PRO         14.500    3/22/2013      EUR      64.18
VONTOBEL FIN PRO         13.150    3/22/2013      EUR      73.40
VONTOBEL FIN PRO         12.000    3/22/2013      EUR      71.68
VONTOBEL FIN PRO         11.850    3/22/2013      EUR      67.46
VONTOBEL FIN PRO         11.150    3/22/2013      EUR      64.08
VONTOBEL FIN PRO         10.750    3/22/2013      EUR      74.26
VONTOBEL FIN PRO          9.500    3/22/2013      EUR      70.78
VONTOBEL FIN PRO          8.850    3/22/2013      EUR      66.98
VONTOBEL FIN PRO          8.550    3/22/2013      EUR      71.06
VONTOBEL FIN PRO          6.800    3/22/2013      EUR      72.12
VONTOBEL FIN PRO          6.750    3/22/2013      EUR      70.78
VONTOBEL FIN PRO         10.100     3/8/2013      EUR      66.30
VONTOBEL FIN PRO         10.930     1/2/2013      EUR      43.40
VONTOBEL FIN PRO         10.093     1/2/2013      EUR      70.65
VONTOBEL FIN PRO          8.987     1/2/2013      EUR      35.69
VONTOBEL FIN PRO          8.069     1/2/2013      EUR      69.13
VONTOBEL FIN PRO          8.042     1/2/2013      EUR      65.80
VONTOBEL FIN PRO         28.250   12/31/2012      EUR      51.20
VONTOBEL FIN PRO         27.600   12/31/2012      EUR      53.42
VONTOBEL FIN PRO         24.900   12/31/2012      EUR      63.26
VONTOBEL FIN PRO         24.700   12/31/2012      EUR      54.50
VONTOBEL FIN PRO         22.600   12/31/2012      EUR      52.80
VONTOBEL FIN PRO         21.800   12/31/2012      EUR      57.00
VONTOBEL FIN PRO         21.200   12/31/2012      EUR      71.60
VONTOBEL FIN PRO         18.900   12/31/2012      EUR      66.98
VONTOBEL FIN PRO         18.850   12/31/2012      EUR      59.22
VONTOBEL FIN PRO         18.750   12/31/2012      EUR      70.00
VONTOBEL FIN PRO         17.100   12/31/2012      EUR      57.92
VONTOBEL FIN PRO         17.050   12/31/2012      EUR      68.90
VONTOBEL FIN PRO         16.950   12/31/2012      EUR      70.54
VONTOBEL FIN PRO         16.850   12/31/2012      EUR      56.68
VONTOBEL FIN PRO         16.350   12/31/2012      EUR      66.46
VONTOBEL FIN PRO         15.250   12/31/2012      EUR      73.76
VONTOBEL FIN PRO         15.250   12/31/2012      EUR      71.14
VONTOBEL FIN PRO         14.850   12/31/2012      EUR      71.82
VONTOBEL FIN PRO         14.750   12/31/2012      EUR      69.64
VONTOBEL FIN PRO         14.550   12/31/2012      EUR      73.94
VONTOBEL FIN PRO         14.505   12/31/2012      EUR      70.24
VONTOBEL FIN PRO         14.500   12/31/2012      EUR      69.58
VONTOBEL FIN PRO         14.450   12/31/2012      EUR      73.98
VONTOBEL FIN PRO         14.300   12/31/2012      EUR      61.24
VONTOBEL FIN PRO         14.211   12/31/2012      EUR      50.18
VONTOBEL FIN PRO         14.150   12/31/2012      EUR      42.50
VONTOBEL FIN PRO         14.100   12/31/2012      EUR      70.78
VONTOBEL FIN PRO         14.000   12/31/2012      EUR      68.06
VONTOBEL FIN PRO         13.860   12/31/2012      EUR      68.60
VONTOBEL FIN PRO         13.579   12/31/2012      EUR      66.50
VONTOBEL FIN PRO         13.518   12/31/2012      EUR      71.08
VONTOBEL FIN PRO          7.601    6/22/2012      EUR      69.14
VONTOBEL FIN PRO         13.500   12/31/2012      EUR      73.68
VONTOBEL FIN PRO         13.474   12/31/2012      EUR      72.52
VONTOBEL FIN PRO         13.411   12/31/2012      EUR      67.44
VONTOBEL FIN PRO         13.250   12/31/2012      EUR      73.28
VONTOBEL FIN PRO         13.200   12/31/2012      EUR      67.56
VONTOBEL FIN PRO         13.123   12/31/2012      EUR      22.94
VONTOBEL FIN PRO         13.050   12/31/2012      EUR      64.96
VONTOBEL FIN PRO         12.912   12/31/2012      EUR      51.74
VONTOBEL FIN PRO         12.900   12/31/2012      EUR      73.50
VONTOBEL FIN PRO         12.900   12/31/2012      EUR      64.26
VONTOBEL FIN PRO         12.850   12/31/2012      EUR      71.58
VONTOBEL FIN PRO         12.800   12/31/2012      EUR      62.10
VONTOBEL FIN PRO         12.650   12/31/2012      EUR      54.90
VONTOBEL FIN PRO         12.650   12/31/2012      EUR      68.66
VONTOBEL FIN PRO         12.593   12/31/2012      EUR      57.30
VONTOBEL FIN PRO         12.550   12/31/2012      EUR      73.86
VONTOBEL FIN PRO         12.501   12/31/2012      EUR      54.47
VONTOBEL FIN PRO         12.451   12/31/2012      EUR      73.70
VONTOBEL FIN PRO         12.433   12/31/2012      EUR      68.16
VONTOBEL FIN PRO         12.250   12/31/2012      EUR      64.66
VONTOBEL FIN PRO         12.246   12/31/2012      EUR      71.54
VONTOBEL FIN PRO         12.211   12/31/2012      EUR      67.80
VONTOBEL FIN PRO         12.023   12/31/2012      EUR      74.46
VONTOBEL FIN PRO         12.000   12/31/2012      EUR      66.72
VONTOBEL FIN PRO         11.950   12/31/2012      EUR      68.88
VONTOBEL FIN PRO         11.895   12/31/2012      EUR      67.20
VONTOBEL FIN PRO         11.850   12/31/2012      EUR      72.98
VONTOBEL FIN PRO         11.790   12/31/2012      EUR      57.76
VONTOBEL FIN PRO         11.784   12/31/2012      EUR      60.83
VONTOBEL FIN PRO         11.750   12/31/2012      EUR      73.80
VONTOBEL FIN PRO         11.684   12/31/2012      EUR      70.32
VONTOBEL FIN PRO         11.668   12/31/2012      EUR      70.02
VONTOBEL FIN PRO         11.649   12/31/2012      EUR      53.64
VONTOBEL FIN PRO         11.476   12/31/2012      EUR      53.81
VONTOBEL FIN PRO         11.450   12/31/2012      EUR      71.06
VONTOBEL FIN PRO         11.445   12/31/2012      EUR      65.00
VONTOBEL FIN PRO         11.404   12/31/2012      EUR      68.10
VONTOBEL FIN PRO         11.400   12/31/2012      EUR      72.04
VONTOBEL FIN PRO         11.193   12/31/2012      EUR      69.08
VONTOBEL FIN PRO         11.170   12/31/2012      EUR      59.78
WESTLB AG                 0.075    9/27/2012      EUR      62.94
WESTLB AG                 6.000    6/21/2012      EUR      60.61
WESTLB AG                 7.000    6/21/2012      EUR      57.57
WESTLB AG                 7.000    6/21/2012      EUR      72.42
WESTLB AG                 8.500    6/21/2012      EUR      55.86
WESTLB AG                 8.500    6/21/2012      EUR      72.55
WESTLB AG                 8.500    6/21/2012      EUR      53.68
WESTLB AG                 6.750    7/30/2012      EUR      63.63
WESTLB AG                 0.075    9/27/2012      EUR      63.24
WESTLB AG                 0.075    9/27/2012      EUR      70.28
WESTLB AG                 0.075    9/27/2012      EUR      74.44
WESTLB AG                 0.100    9/27/2012      EUR      67.59
WESTLB AG                 0.100    9/27/2012      EUR      72.69
WESTLB AG                 0.100    9/27/2012      EUR      51.18
WESTLB AG                 5.000    4/12/2016      EUR      29.01
WESTLB AG                 6.000    6/21/2012      EUR      65.54
WESTLB AG                 5.250    5/21/2012      EUR      59.40
WGZ BANK                  7.000   12/20/2012      EUR      70.59
WGZ BANK                  4.000    6/13/2012      EUR      45.33
WGZ BANK                  6.000   12/28/2012      EUR      68.14
WGZ BANK                  7.000   12/21/2012      EUR      71.63
WGZ BANK                  8.000   12/28/2012      EUR      61.23
WGZ BANK                  5.000    6/13/2012      EUR      40.71
WGZ BANK                  8.000   12/21/2012      EUR      69.87
WGZ BANK                  7.000   12/28/2012      EUR      64.45
WGZ BANK                  6.000    6/13/2012      EUR      38.81
WGZ BANK                  7.000    6/13/2012      EUR      37.10
WGZ BANK                  8.000    6/13/2012      EUR      35.55
WGZ BANK                  5.000    6/21/2012      EUR      72.21
WGZ BANK                  6.000    6/21/2012      EUR      69.45
WGZ BANK                  8.000   12/20/2012      EUR      69.03
WGZ BANK                  7.000    6/21/2012      EUR      66.91
WGZ BANK                  5.000   12/28/2012      EUR      72.34
WGZ BANK                  8.000    6/21/2012      EUR      64.56
WGZ BANK                  6.000   12/20/2012      EUR      74.68

GREECE
------
HELLENIC REPUB            5.200    7/17/2034      EUR      15.75
HELLENIC REPUB            6.140    4/14/2028      EUR      18.00
HELLENIC REPUB            5.000    3/11/2019      EUR      27.50
HELLENIC REPUB            2.125     7/5/2013      CHF      31.13
HELLENIC REPUB            4.625    6/25/2013      USD      29.13
NATL BK GREECE            3.875    10/7/2016      EUR      70.34
YIOULA GLASSWORK          9.000    12/1/2015      EUR      51.13
YIOULA GLASSWORK          9.000    12/1/2015      EUR      51.63
AMDOCS LIMITED            0.500    3/15/2024      USD      75.00

GUERNSEY
--------
BCV GUERNSEY             18.150    5/17/2012      CHF      41.37
BCV GUERNSEY             10.130    5/11/2012      EUR      71.43
BCV GUERNSEY             10.100    5/23/2012      EUR      71.32
BCV GUERNSEY             13.000    5/18/2012      CHF      58.67
BCV GUERNSEY             14.000    5/22/2012      USD      74.15
BCV GUERNSEY             10.530    6/29/2012      CHF      73.85
BCV GUERNSEY             18.600    5/17/2012      USD      41.79
BCV GUERNSEY              8.500    5/25/2012      EUR      54.79
BCV GUERNSEY             19.200    5/17/2012      EUR      42.40
BCV GUERNSEY              8.120    5/11/2012      CHF      72.42
BCV GUERNSEY              9.100    5/25/2012      CHF      60.67
BCV GUERNSEY              8.020     3/1/2013      EUR      66.01
BCV GUERNSEY              9.030    7/13/2012      EUR      70.47
BCV GUERNSEY             10.030    5/11/2012      CHF      64.09
BCV GUERNSEY             10.000    5/18/2012      CHF      52.43
BCV GUERNSEY              7.850    5/18/2012      CHF      67.63
BKB FINANCE               9.300    5/31/2012      CHF      73.70
BKB FINANCE               7.750     6/7/2012      CHF      38.70
BKB FINANCE               7.750    5/31/2012      CHF      66.71
BKB FINANCE               6.850    5/31/2012      CHF      71.93
BKB FINANCE               6.250    5/23/2012      CHF      70.96
BKB FINANCE               8.300     6/7/2012      CHF      73.34
BKB FINANCE               6.850    6/14/2012      CHF      66.98
BKB FINANCE               7.150    5/10/2012      CHF      66.94
BKB FINANCE               8.350    1/14/2013      CHF      53.51
BKB FINANCE               7.400    6/28/2012      CHF      59.40
BKB FINANCE               6.520     7/6/2012      EUR      72.22
BKB FINANCE               6.250    7/12/2012      CHF      74.77
BKB FINANCE               6.300    7/12/2012      CHF      63.89
BKB FINANCE               9.050     8/9/2012      CHF      55.79
BKB FINANCE               6.400    5/10/2012      CHF      55.14
BKB FINANCE               8.900    9/27/2012      CHF      61.20
BKB FINANCE               9.200    6/21/2012      CHF      63.85
EFG FINANCIAL PR         11.500   10/11/2012      CHF      74.47
EFG FINANCIAL PR         10.620    10/3/2012      USD      28.93
EFG FINANCIAL PR          9.930    10/3/2012      EUR      28.74
EFG FINANCIAL PR         10.000    10/1/2012      CHF      55.74
EFG FINANCIAL PR         12.000    9/25/2012      EUR      69.92
EFG FINANCIAL PR         11.250    9/25/2012      CHF      55.09
EFG FINANCIAL PR         10.750    9/25/2012      CHF      60.46
EFG FINANCIAL PR         10.000    9/21/2012      USD      61.18
EFG FINANCIAL PR         10.000    9/10/2012      EUR      70.72
EFG FINANCIAL PR          9.000    9/10/2012      CHF      51.25
EFG FINANCIAL PR          8.500     9/7/2012      USD      40.07
EFG FINANCIAL PR          7.250     9/7/2012      EUR      70.46
EFG FINANCIAL PR          7.000     9/7/2012      EUR      56.80
EFG FINANCIAL PR          7.000     9/7/2012      CHF      47.89
EFG FINANCIAL PR          9.600     9/4/2012      USD      59.40
EFG FINANCIAL PR          9.500     9/4/2012      USD      37.70
EFG FINANCIAL PR          6.100    5/25/2012      EUR      69.27
EFG FINANCIAL PR         20.000   10/26/2012      CHF      21.73
EFG FINANCIAL PR         18.600     5/4/2012      CHF      63.38
EFG FINANCIAL PR          7.440    5/25/2012      EUR      55.82
EFG FINANCIAL PR         10.570    5/25/2012      EUR      61.56
EFG FINANCIAL PR         12.000     9/3/2012      EUR      69.19
EFG FINANCIAL PR         10.500     9/3/2012      CHF      50.45
EFG FINANCIAL PR         22.000    8/24/2012      USD      20.76
EFG FINANCIAL PR         10.500     7/5/2012      CHF      43.83
EFG FINANCIAL PR         14.000    8/24/2012      CHF      30.45
EFG FINANCIAL PR         12.250    8/24/2012      EUR      68.85
EFG FINANCIAL PR         11.750    8/24/2012      CHF      61.41
EFG FINANCIAL PR         11.500    8/24/2012      CHF      49.67
EFG FINANCIAL PR         10.250    8/24/2012      CHF      72.54
EFG FINANCIAL PR         11.800    8/17/2012      CHF      52.78
EFG FINANCIAL PR         11.600    8/17/2012      EUR      57.59
EFG FINANCIAL PR         19.600    8/16/2012      EUR      72.11
EFG FINANCIAL PR         12.000    8/16/2012      EUR      29.95
EFG FINANCIAL PR         11.200    5/25/2012      CHF      69.36
EFG FINANCIAL PR         10.910    5/29/2012      EUR      39.20
EFG FINANCIAL PR          8.400    5/30/2012      EUR      68.72
EFG FINANCIAL PR         10.000    5/30/2012      CHF      61.42
EFG FINANCIAL PR         15.000    8/14/2012      EUR      71.25
EFG FINANCIAL PR         14.000    8/14/2012      EUR      71.04
EFG FINANCIAL PR         10.000    5/30/2012      EUR      63.06
EFG FINANCIAL PR         12.500    5/30/2012      EUR      54.32
EFG FINANCIAL PR          8.320     6/5/2012      CHF      74.28
EFG FINANCIAL PR          8.000     6/6/2012      CHF      70.50
EFG FINANCIAL PR         13.750    8/14/2012      EUR      69.93
EFG FINANCIAL PR         12.750    8/14/2012      CHF      51.15
EFG FINANCIAL PR         11.000    8/14/2012      CHF      59.84
EFG FINANCIAL PR          8.500    8/14/2012      CHF      68.93
EFG FINANCIAL PR          3.850    8/13/2012      EUR      54.93
EFG FINANCIAL PR         12.800    8/10/2012      CHF      59.01
EFG FINANCIAL PR         12.750     6/6/2012      CHF      58.01
EFG FINANCIAL PR         12.750     6/6/2012      EUR      62.85
EFG FINANCIAL PR         10.000     6/8/2012      CHF      30.21
EFG FINANCIAL PR         11.700    8/10/2012      USD      35.26
EFG FINANCIAL PR         14.750     5/4/2012      EUR      33.23
EFG FINANCIAL PR         12.250     6/8/2012      EUR      54.91
EFG FINANCIAL PR          5.200    6/14/2012      CHF      54.68
EFG FINANCIAL PR         11.500    6/15/2012      EUR      72.49
EFG FINANCIAL PR         12.250    6/15/2012      EUR       9.61
EFG FINANCIAL PR         13.110    6/18/2012      USD      50.25
EFG FINANCIAL PR          9.650    6/20/2012      USD      42.65
EFG FINANCIAL PR          7.000    6/21/2012      CHF      59.37
EFG FINANCIAL PR         11.000     8/7/2012      CHF      35.82
EFG FINANCIAL PR         10.250     8/7/2012      CHF      70.41
EFG FINANCIAL PR         10.000     8/7/2012      CHF      50.80
EFG FINANCIAL PR          9.000     8/3/2012      CHF      11.00
EFG FINANCIAL PR          9.000     8/3/2012      CHF      57.22
EFG FINANCIAL PR          9.000     8/3/2012      CHF      55.82
EFG FINANCIAL PR         11.750    7/31/2012      CHF      50.94
EFG FINANCIAL PR         11.750    7/31/2012      CHF      51.09
EFG FINANCIAL PR         10.000    6/22/2012      CHF      42.49
EFG FINANCIAL PR         11.500    7/31/2012      EUR      54.75
EFG FINANCIAL PR         10.000    7/31/2012      EUR      73.80
EFG FINANCIAL PR         10.000    7/31/2012      CHF      50.48
EFG FINANCIAL PR         12.000    7/25/2012      GBP      73.86
EFG FINANCIAL PR         11.750    7/25/2012      EUR      70.77
EFG FINANCIAL PR         11.300    7/25/2012      CHF      66.87
EFG FINANCIAL PR         11.000    7/25/2012      CHF      16.08
EFG FINANCIAL PR         11.000    7/25/2012      CHF      73.80
EFG FINANCIAL PR         10.250    7/25/2012      CHF      44.02
EFG FINANCIAL PR         10.000    7/25/2012      CHF      65.98
EFG FINANCIAL PR          9.770    7/23/2012      EUR      69.23
EFG FINANCIAL PR          6.000    7/13/2012      EUR      71.23
EFG FINANCIAL PR         12.750    7/12/2012      EUR      70.98
EFG FINANCIAL PR          9.300     7/6/2012      CHF      63.05
EFG FINANCIAL PR          9.500     5/4/2012      CHF      59.77
EFG FINANCIAL PR          8.250     7/5/2012      CHF      68.86
EFG FINANCIAL PR          7.500     5/4/2012      CHF      70.27
EFG FINANCIAL PR          7.000     5/7/2012      CHF      68.66
EFG FINANCIAL PR          9.000     5/7/2012      USD      40.55
EFG FINANCIAL PR          9.290     5/7/2012      CHF      65.06
EFG FINANCIAL PR         10.600     5/9/2012      CHF      20.94
EFG FINANCIAL PR         20.920     5/9/2012      EUR      73.85
EFG FINANCIAL PR         10.000    5/11/2012      CHF      20.04
EFG FINANCIAL PR         10.050    5/11/2012      CHF      72.50
EFG FINANCIAL PR         11.000    5/11/2012      EUR      20.06
EFG FINANCIAL PR          8.950    5/14/2012      CHF      56.13
EFG FINANCIAL PR         11.500    5/15/2012      EUR      73.47
EFG FINANCIAL PR          9.000    5/16/2012      CHF      72.35
EFG FINANCIAL PR         10.100    5/16/2012      USD      71.37
EFG FINANCIAL PR         10.830    5/18/2012      CHF       1.94
EFG FINANCIAL PR         12.500    5/18/2012      EUR      71.48
EFG FINANCIAL PR         12.960    5/21/2012      EUR      18.58
EFG FINANCIAL PR         10.750    5/22/2012      CHF      62.07
EFG FINANCIAL PR         11.250    5/22/2012      CHF      50.12
EFG FINANCIAL PR         12.750    5/22/2012      EUR      58.43
EFG FINANCIAL PR         14.000    5/22/2012      EUR      66.24
EFG FINANCIAL PR          8.000    5/24/2012      USD      42.31
EFG FINANCIAL PR          9.000    5/24/2012      CHF      70.59
EFG FINANCIAL PR          5.850   10/14/2014      CHF      68.43
EFG FINANCIAL PR          8.160    4/25/2014      EUR      63.62
EFG FINANCIAL PR          8.400    9/30/2013      CHF      60.18
EFG FINANCIAL PR          6.500    8/27/2013      CHF      50.35
EFG FINANCIAL PR         12.000    4/26/2013      CHF      68.59
EFG FINANCIAL PR          7.000    4/19/2013      EUR      58.58
EFG FINANCIAL PR          7.500    3/18/2013      CHF      74.88
EFG FINANCIAL PR          6.750    3/11/2013      EUR      71.13
EFG FINANCIAL PR          5.800    1/23/2013      CHF      63.34
EFG FINANCIAL PR         12.500    1/15/2013      CHF      51.71
EFG FINANCIAL PR         10.250    1/15/2013      CHF      23.70
EFG FINANCIAL PR          9.000    1/15/2013      CHF      48.45
EFG FINANCIAL PR          8.830   12/28/2012      USD      58.49
EFG FINANCIAL PR         12.000   12/27/2012      CHF      13.50
EFG FINANCIAL PR         12.600   12/21/2012      CHF      65.06
EFG FINANCIAL PR         10.900   12/21/2012      CHF      64.04
EFG FINANCIAL PR          9.300   12/21/2012      CHF      62.68
EFG FINANCIAL PR          7.000   12/19/2012      USD      74.49
EFG FINANCIAL PR         17.500   12/14/2012      EUR      51.29
EFG FINANCIAL PR          8.500   12/14/2012      CHF      68.03
EFG FINANCIAL PR         13.750    12/6/2012      CHF      67.37
EFG FINANCIAL PR         16.000   11/27/2012      EUR      48.93
EFG FINANCIAL PR         14.500   11/27/2012      CHF      43.14
EFG FINANCIAL PR         11.250   11/27/2012      CHF      64.74
EFG FINANCIAL PR          9.250   11/27/2012      CHF      70.62
EFG FINANCIAL PR         14.800   11/20/2012      EUR      55.65
EFG FINANCIAL PR         11.500   11/20/2012      EUR      60.32
EFG FINANCIAL PR          8.000   11/20/2012      CHF      60.34
EFG FINANCIAL PR          7.000   11/20/2012      CHF      74.15
EFG FINANCIAL PR         17.000   11/13/2012      EUR      53.37
EFG FINANCIAL PR         14.500   11/13/2012      EUR      64.09
EFG FINANCIAL PR         14.000   11/13/2012      USD      27.51
EFG FINANCIAL PR         13.000   11/13/2012      CHF      26.89
EFG FINANCIAL PR         12.750   11/13/2012      CHF      25.31
EFG FINANCIAL PR         12.500   11/13/2012      EUR      74.72
EFG FINANCIAL PR         10.500   11/13/2012      CHF      62.84
EFG FINANCIAL PR         10.500   11/13/2012      CHF      62.90
EFG FINANCIAL PR          6.000   11/12/2012      CHF      67.73
EFG FINANCIAL PR          6.000   11/12/2012      EUR      69.06
EFG FINANCIAL PR         11.050    11/8/2012      USD      57.00
EFG FINANCIAL PR         13.080    11/5/2012      CHF      70.85
EFG FINANCIAL PR          9.330   10/29/2012      USD      57.93
EFG FINANCIAL PR         21.000   10/26/2012      USD      22.07
EFG FINANCIAL PR         20.500   10/26/2012      EUR      22.01
EFG FINANCIAL PR         14.000    2/19/2013      CHF      20.33
EFG FINANCIAL PR         17.000   10/26/2012      EUR      39.77
EFG FINANCIAL PR         16.750   10/26/2012      CHF      31.74
EFG FINANCIAL PR         15.000   10/26/2012      CHF      69.75
EFG FINANCIAL PR         13.250   10/26/2012      EUR      70.17
EFG FINANCIAL PR         13.250   10/26/2012      CHF      57.04
EFG FINANCIAL PR         12.000   10/26/2012      CHF      65.93
EFG FINANCIAL PR         11.250   10/26/2012      CHF      56.05
EFG FINANCIAL PR         10.500   10/26/2012      CHF      74.73
EFG FINANCIAL PR          6.250   10/25/2012      CHF      64.74
EFG FINANCIAL PR         13.750   10/24/2012      USD      73.52
EFG FINANCIAL PR         12.000   10/19/2012      USD      48.98
EFG FINANCIAL PR         17.250   10/12/2012      CHF      70.78
EFG FINANCIAL PR         20.000   10/11/2012      CHF      20.25
EFG FINANCIAL PR         18.000   10/11/2012      EUR      53.06
EFG FINANCIAL PR         12.500   10/11/2012      CHF      55.70
EFG FINANCIAL PR         12.500   10/11/2012      GBP      74.53
EFG FINANCIAL PR         12.250   10/11/2012      EUR      74.79
EFG FINANCIAL PR         12.250   10/11/2012      EUR      73.30
EFG FINANCIAL PR         12.000   10/11/2012      USD      74.60
EFG FINANCIAL PR         19.000     8/8/2012      USD      46.52
EFG FINANCIAL PR         10.500     5/4/2012      CHF      72.45
EFG FINANCIAL PR         12.000    6/28/2012      USD      71.47
EFG FINANCIAL PR         13.200    6/28/2012      EUR      64.88
EFG FINANCIAL PR          6.600     7/4/2012      CHF      68.26
EFG FINANCIAL PR         19.570     7/5/2012      EUR      63.48
EFG FINANCIAL PR          8.250     7/4/2012      EUR      68.47
EFG FINANCIAL PR          6.750    6/27/2012      EUR      69.74
EFG FINANCIAL PR         16.500    6/27/2012      GBP      72.02
EFG FINANCIAL PR         11.000     5/4/2012      USD      67.51
EFG FINANCIAL PR         11.300    6/28/2012      EUR      57.09
MARE BALTIC PCC           3.000   11/17/2014      DKK      20.50
MARE BALTIC PCC           3.000   11/17/2014      DKK       1.00
MARE BALTIC PCC           2.000    11/1/2015      DKK       0.01
MARE BALTIC PCC           2.000    11/1/2015      DKK       0.01
SARASIN CI LTD            6.000     6/9/2014      EUR      61.30
SARASIN CI LTD           10.250    5/25/2012      EUR      72.46
ZURCHER KANT FIN          7.340    4/16/2013      CHF      59.27
ZURCHER KANT FIN          9.250    11/9/2012      CHF      57.24
ZURCHER KANT FIN         10.250    7/19/2012      CHF      72.69
ZURCHER KANT FIN         12.067    7/13/2012      CHF      73.91
ZURCHER KANT FIN         11.000    7/13/2012      CHF      71.82
ZURCHER KANT FIN          8.000    7/13/2012      CHF      68.65
ZURCHER KANT FIN          9.050    6/29/2012      CHF      70.83
ZURCHER KANT FIN          7.721    6/22/2012      CHF      65.81
ZURCHER KANT FIN          9.000    6/18/2012      CHF      52.77
ZURCHER KANT FIN         11.263    6/15/2012      CHF      68.60
ZURCHER KANT FIN          9.700    6/15/2012      EUR      70.30
ZURCHER KANT FIN          8.000    6/15/2012      CHF      65.51
ZURCHER KANT FIN          7.844    5/18/2012      CHF      63.24
ZURCHER KANT FIN         11.765    5/11/2012      CHF      66.43
ZURCHER KANT FIN          8.548     7/6/2012      EUR      70.25

HUNGARY
-------
FHB MORTGAGE BAN          4.500    3/22/2022      EUR      65.38

IRELAND
-------
AIB MORTGAGE BNK          5.000     3/1/2030      EUR      58.77
AIB MORTGAGE BNK          5.580    4/28/2028      EUR      65.13
AIB MORTGAGE BNK          5.000    2/12/2030      EUR      58.79
BANK OF IRELAND           5.600    9/18/2023      EUR      62.50
BK IRELAND MTGE           5.360   10/12/2029      EUR      66.30
BK IRELAND MTGE           5.400    11/6/2029      EUR      66.58
BK IRELAND MTGE           5.760     9/7/2029      EUR      69.83
BK IRELAND MTGE           5.450     3/1/2030      EUR      66.72
DEPFA ACS BANK            5.125    3/16/2037      USD      70.71
DEPFA ACS BANK            4.900    8/24/2035      CAD      71.56
DEPFA ACS BANK            5.125    3/16/2037      USD      69.50
DEPFA ACS BANK            3.250    7/31/2031      CHF      66.07
DEPFA ACS BANK            3.278    7/17/2026      CHF      74.34
DEPFA ACS BANK            0.500     3/3/2025      CAD      39.55
KALVEBOD PLC              2.000     5/1/2106      DKK      30.00
BANCA POP VICENT          4.970    4/20/2027      EUR      71.23
BTPS I/L                  2.350    9/15/2035      EUR      70.98
BTPS I/L                  2.550    9/15/2041      EUR      71.16
ICCREA BANCAIMPR          5.220    4/11/2017      EUR      60.25

ITALY
-----
REP OF ITALY              4.850    6/11/2060      EUR      73.11
REP OF ITALY              5.250    12/7/2034      GBP      74.92
REP OF ITALY              2.870    5/19/2036      JPY      53.74
REP OF ITALY              1.850    9/15/2057      EUR      50.91
REP OF ITALY              2.200    9/15/2058      EUR      57.54
REP OF ITALY              2.000    9/15/2062      EUR      52.40
SEAT PAGINE              10.500    1/31/2017      EUR      66.00
SEAT PAGINE              10.500    1/31/2017      EUR      67.97
SEAT PAGINE              10.500    1/31/2017      EUR      66.25
SEAT PAGINE              10.500    1/31/2017      EUR      67.96
TELECOM ITALIA            5.250    3/17/2055      EUR      71.95
UBI BANCA SPCA            6.250   11/18/2018      EUR      51.06
UNIPOL ASSICURAZ          5.660    7/28/2023      EUR      64.01

LUXEMBOURG
----------
ARCELORMITTAL             7.250     4/1/2014      EUR      22.15
CONTROLINVESTE            3.000    1/28/2015      EUR      73.74
ESFG INTERNATION          6.875   10/21/2019      EUR      67.41
ESPIRITO SANTO F          9.750   12/19/2025      EUR      65.24
HELLAS III                8.500   10/15/2013      EUR       0.25
HELLAS III                8.500   10/15/2013      EUR       0.25
INTRALOT LUX SA           2.250   12/20/2013      EUR      74.90
IT HOLDING FIN            9.875   11/15/2012      EUR       0.38
IT HOLDING FIN            9.875   11/15/2012      EUR       0.38
LIGHTHOUSE INTL           8.000    4/30/2014      EUR      12.50
LIGHTHOUSE INTL           8.000    4/30/2014      EUR      12.50
ORCO PROPERTY GR          1.000    4/30/2020      EUR      41.86
VIVALDIS                  0.500     8/8/2028      EUR      62.96
VIVALDIS                  0.500    6/13/2028      EUR      58.85
VIVALDIS                  0.500    6/13/2013      EUR      58.83

KAZAKHSTAN
----------
APP INTL FINANCE         11.750    10/1/2005      USD       8.75
ASTANA FINANCE            9.000   11/16/2011      USD       3.00
ASTANA FINANCE           14.500     7/2/2013      USD       3.00
BK NED GEMEENTEN          0.500    6/22/2016      TRY      74.43
BK NED GEMEENTEN          0.500    9/15/2016      TRY      73.48
BK NED GEMEENTEN          0.500    5/25/2016      TRY      74.75
BK NED GEMEENTEN          0.500    5/10/2017      TRY      73.25
BK NED GEMEENTEN          0.500    5/22/2017      ZAR      73.89
BK NED GEMEENTEN          0.500     3/3/2021      NZD      71.55
BK NED GEMEENTEN          0.500    3/29/2021      NZD      71.30
BK NED GEMEENTEN          0.500    5/12/2021      ZAR      50.69
BK NED GEMEENTEN          0.500    6/22/2021      ZAR      50.18
BK NED GEMEENTEN          0.500    2/24/2025      CAD      64.48
BLT FINANCE BV            7.500    5/15/2014      USD      23.00
BLT FINANCE BV            7.500    5/15/2014      USD      21.50
BLT FINANCE BV           12.000    2/10/2015      USD      24.25
BRIT INSURANCE            6.625    12/9/2030      GBP      60.97
BULGARIA STEEL           12.000     5/4/2013      EUR       5.88
BULGARIA STEEL           12.000     5/4/2013      EUR       5.88
GREENWICH AVENUE         10.000    6/30/2013      USD       1.38
ING BANK NV               4.200   12/19/2035      EUR      66.24
LEHMAN BROS TR B          3.500    9/29/2017      EUR       5.63
LEHMAN BROS TSY           4.050    9/16/2008      EUR       5.63
LEHMAN BROS TSY          23.300    9/16/2008      USD      14.75
LEHMAN BROS TSY           7.375    9/20/2008      EUR      14.75
LEHMAN BROS TSY          18.250    10/2/2008      USD      14.75
LEHMAN BROS TSY           7.250    10/6/2008      EUR      14.75
LEHMAN BROS TSY          16.000    10/8/2008      CHF      14.75
LEHMAN BROS TSY          10.000   10/22/2008      USD      14.75
LEHMAN BROS TSY           8.000   10/23/2008      USD      14.75
LEHMAN BROS TSY           5.000   10/24/2008      CHF      14.75
LEHMAN BROS TSY           6.000   10/24/2008      EUR      14.75
LEHMAN BROS TSY           7.500   10/24/2008      USD      14.75
LEHMAN BROS TSY          16.000   10/28/2008      USD      14.75
LEHMAN BROS TSY          13.150   10/30/2008      USD      14.75
LEHMAN BROS TSY          16.000    11/9/2008      USD      14.75
LEHMAN BROS TSY          14.100   11/12/2008      USD      14.75
LEHMAN BROS TSY          10.442   11/22/2008      CHF      14.75
LEHMAN BROS TSY           7.000   11/28/2008      CHF      14.75
LEHMAN BROS TSY          16.000   12/26/2008      USD      14.75
LEHMAN BROS TSY           6.720   12/29/2008      EUR       5.63
LEHMAN BROS TSY          13.432     1/8/2009      ILS      14.75
LEHMAN BROS TSY           7.750    1/30/2009      EUR      14.75
LEHMAN BROS TSY           6.600     2/9/2009      EUR       5.63
LEHMAN BROS TSY           0.500    2/16/2009      EUR      14.75
LEHMAN BROS TSY          10.000    2/16/2009      CHF      14.75
LEHMAN BROS TSY          11.000    2/16/2009      CHF      14.75
LEHMAN BROS TSY          13.000    2/16/2009      CHF      14.75
LEHMAN BROS TSY           5.000    3/13/2009      EUR       5.63
LEHMAN BROS TSY           9.000    3/17/2009      GBP      14.75
LEHMAN BROS TSY          10.000    3/27/2009      USD       5.63
LEHMAN BROS TSY           7.000    4/14/2009      EUR      14.75
LEHMAN BROS TSY           8.000    4/20/2009      EUR       5.63
LEHMAN BROS TSY           3.850    4/24/2009      USD      14.75
LEHMAN BROS TSY           4.000    4/24/2009      USD      14.75
LEHMAN BROS TSY           2.250    5/12/2009      USD       5.63
LEHMAN BROS TSY           2.480    5/12/2009      USD       5.63
LEHMAN BROS TSY          16.200    5/14/2009      USD      14.75
LEHMAN BROS TSY           4.100    5/20/2009      USD      14.75
LEHMAN BROS TSY           8.000    5/22/2009      USD      14.75
LEHMAN BROS TSY           8.000    5/22/2009      USD      14.75
LEHMAN BROS TSY          10.000    5/22/2009      USD      14.75
LEHMAN BROS TSY          13.500     6/2/2009      USD      14.75
LEHMAN BROS TSY          17.000     6/2/2009      USD      14.75
LEHMAN BROS TSY          15.000     6/4/2009      CHF      14.75
LEHMAN BROS TSY           3.700     6/6/2009      EUR       5.63
LEHMAN BROS TSY           9.000    6/13/2009      USD      14.75
LEHMAN BROS TSY           5.500    6/15/2009      CHF      14.75
LEHMAN BROS TSY           5.750    6/15/2009      CHF      14.75
LEHMAN BROS TSY          10.000    6/17/2009      USD      14.75
LEHMAN BROS TSY           3.000    6/23/2009      EUR       5.63
LEHMAN BROS TSY          11.000    6/29/2009      EUR      14.75
LEHMAN BROS TSY           8.500     7/6/2009      CHF      14.75
LEHMAN BROS TSY           4.500     8/2/2009      USD      14.75
LEHMAN BROS TSY           8.000     8/3/2009      USD      14.75
LEHMAN BROS TSY          16.800    8/21/2009      USD      14.75
LEHMAN BROS TSY           7.500    9/13/2009      CHF      14.75
LEHMAN BROS TSY           3.400    9/21/2009      HKD      14.75
LEHMAN BROS TSY           3.820   10/20/2009      USD      14.75
LEHMAN BROS TSY           2.750   10/28/2009      EUR      14.75
LEHMAN BROS TSY           2.000   11/16/2009      EUR       5.63
LEHMAN BROS TSY           7.585   11/22/2009      MXN      14.75
LEHMAN BROS TSY           8.800   12/27/2009      EUR      14.75
LEHMAN BROS TSY          10.000     1/4/2010      USD       5.63
LEHMAN BROS TSY           1.750     2/7/2010      EUR      14.75
LEHMAN BROS TSY           7.500    2/14/2010      AUD      14.75
LEHMAN BROS TSY           7.000    2/15/2010      CHF      14.75
LEHMAN BROS TSY           4.100    2/19/2010      EUR       5.63
LEHMAN BROS TSY           6.450    2/20/2010      AUD      14.75
LEHMAN BROS TSY           1.000    2/26/2010      USD       5.63
LEHMAN BROS TSY           4.000    2/28/2010      EUR      14.75
LEHMAN BROS TSY          11.750     3/1/2010      EUR      14.75
LEHMAN BROS TSY           7.600     3/4/2010      NZD      14.75
LEHMAN BROS TSY           4.250    5/15/2010      EUR       5.63
LEHMAN BROS TSY           2.000    5/17/2010      EUR      14.75
LEHMAN BROS TSY           4.000    5/17/2010      USD       5.63
LEHMAN BROS TSY           4.000    5/30/2010      USD      14.75
LEHMAN BROS TSY           7.500    5/30/2010      AUD      14.75
LEHMAN BROS TSY           3.000     6/3/2010      EUR       5.63
LEHMAN BROS TSY           3.100     6/4/2010      USD      14.75
LEHMAN BROS TSY           7.250    6/20/2010      USD       5.63
LEHMAN BROS TSY           1.600    6/21/2010      JPY       5.63
LEHMAN BROS TSY           5.500    6/22/2010      USD       5.63
LEHMAN BROS TSY           7.000    7/11/2010      EUR       5.63
LEHMAN BROS TSY           6.000    7/28/2010      EUR      14.75
LEHMAN BROS TSY           6.000    7/28/2010      EUR      14.75
LEHMAN BROS TSY          10.500     8/9/2010      EUR      14.75
LEHMAN BROS TSY           4.000    8/11/2010      USD       5.63
LEHMAN BROS TSY           4.100    8/23/2010      USD      14.75
LEHMAN BROS TSY           1.500   10/12/2010      EUR       5.63
LEHMAN BROS TSY           4.000   10/12/2010      USD      14.75
LEHMAN BROS TSY           7.000   10/22/2010      EUR       5.63
LEHMAN BROS TSY           1.280    11/6/2010      JPY      14.75
LEHMAN BROS TSY          14.900   11/16/2010      EUR      14.75
LEHMAN BROS TSY           8.050   12/20/2010      HKD      14.75
LEHMAN BROS TSY           6.000   12/21/2010      USD      14.75
LEHMAN BROS TSY           9.300   12/21/2010      EUR      14.75
LEHMAN BROS TSY           9.300   12/21/2010      EUR      14.75
LEHMAN BROS TSY           4.500   12/30/2010      USD      14.75
LEHMAN BROS TSY           8.000   12/31/2010      USD      14.75
LEHMAN BROS TSY           4.000     1/4/2011      USD      14.75
LEHMAN BROS TSY           8.875    1/28/2011      HKD      14.75
LEHMAN BROS TSY           4.000    3/10/2011      EUR       5.63
LEHMAN BROS TSY           6.000    3/14/2011      EUR       5.63
LEHMAN BROS TSY           6.000    3/17/2011      EUR       5.63
LEHMAN BROS TSY          15.000    3/30/2011      EUR       5.63
LEHMAN BROS TSY           4.000    4/13/2011      CHF       5.63
LEHMAN BROS TSY           6.700    4/21/2011      USD       5.63
LEHMAN BROS TSY           5.000    5/12/2011      CHF       5.63
LEHMAN BROS TSY           4.000     6/5/2011      USD      14.75
LEHMAN BROS TSY           2.400    6/20/2011      JPY       5.63
LEHMAN BROS TSY           3.500    6/20/2011      EUR       5.63
LEHMAN BROS TSY           2.000    6/21/2011      EUR       5.63
LEHMAN BROS TSY           6.000    6/21/2011      EUR       5.63
LEHMAN BROS TSY           2.000    6/28/2011      EUR       5.63
LEHMAN BROS TSY          11.000     7/4/2011      CHF      14.75
LEHMAN BROS TSY          11.000     7/4/2011      USD      14.75
LEHMAN BROS TSY          12.000     7/4/2011      EUR      14.75
LEHMAN BROS TSY           7.625    7/22/2011      HKD      14.75
LEHMAN BROS TSY           4.000    7/27/2011      EUR       5.63
LEHMAN BROS TSY           3.000    8/13/2011      EUR       5.63
LEHMAN BROS TSY           6.650    8/24/2011      AUD      14.75
LEHMAN BROS TSY           5.000     9/1/2011      EUR       5.63
LEHMAN BROS TSY           6.250     9/5/2011      EUR       5.63
LEHMAN BROS TSY           6.000    9/20/2011      EUR       5.63
LEHMAN BROS TSY           7.000    9/20/2011      USD       5.63
LEHMAN BROS TSY           3.860    9/21/2011      SGD      14.75
LEHMAN BROS TSY           3.500   10/24/2011      USD       5.63
LEHMAN BROS TSY           1.500   10/25/2011      EUR       5.63
LEHMAN BROS TSY           3.500   10/31/2011      USD       5.63
LEHMAN BROS TSY           2.500    11/9/2011      CHF       5.63
LEHMAN BROS TSY           4.600    11/9/2011      EUR       5.63
LEHMAN BROS TSY           5.000    12/6/2011      EUR       5.63
LEHMAN BROS TSY           2.500   12/15/2011      GBP      14.75
LEHMAN BROS TSY          11.000   12/19/2011      USD       5.63
LEHMAN BROS TSY           7.750     1/3/2012      AUD      14.75
LEHMAN BROS TSY          10.000     1/3/2012      BRL       5.63
LEHMAN BROS TSY           1.500     2/8/2012      CHF       5.63
LEHMAN BROS TSY           6.000    2/14/2012      EUR      14.75
LEHMAN BROS TSY           7.000    2/15/2012      EUR      14.75
LEHMAN BROS TSY           1.460    2/19/2012      JPY      14.75
LEHMAN BROS TSY           6.600    2/22/2012      EUR      14.75
LEHMAN BROS TSY           3.630     3/2/2012      EUR      14.75
LEHMAN BROS TSY           8.000    3/19/2012      USD       5.63
LEHMAN BROS TSY           0.750    3/29/2012      EUR       5.63
LEHMAN BROS TSY           6.750     4/5/2012      EUR       5.63
LEHMAN BROS TSY           1.000     5/9/2012      EUR       5.63
LEHMAN BROS TSY           6.600    5/23/2012      AUD      14.75
LEHMAN BROS TSY           4.300     6/4/2012      USD      14.75
LEHMAN BROS TSY           9.250    6/20/2012      USD       5.63
LEHMAN BROS TSY           4.000    7/20/2012      EUR       5.63
LEHMAN BROS TSY          13.000    7/25/2012      EUR      14.75
LEHMAN BROS TSY           2.500    8/15/2012      CHF       5.63
LEHMAN BROS TSY           2.500    8/23/2012      GBP      14.75
LEHMAN BROS TSY           0.250   10/19/2012      CHF       5.63
LEHMAN BROS TSY           4.000   10/24/2012      EUR       5.63
LEHMAN BROS TSY           6.000   10/30/2012      USD       5.63
LEHMAN BROS TSY           6.000   10/30/2012      EUR       5.63
LEHMAN BROS TSY           5.000   11/22/2012      EUR       5.63
LEHMAN BROS TSY           5.500   11/30/2012      CZK       5.63
LEHMAN BROS TSY           6.250   11/30/2012      EUR       5.63
LEHMAN BROS TSY           3.000    12/3/2012      EUR       5.63
LEHMAN BROS TSY          13.000   12/14/2012      USD       5.63
LEHMAN BROS TSY           7.600    1/31/2013      AUD      14.75
LEHMAN BROS TSY           4.500     3/6/2013      CHF       5.63
LEHMAN BROS TSY           2.875    3/14/2013      CHF      16.25
LEHMAN BROS TSY           7.150    3/21/2013      USD       5.63
LEHMAN BROS TSY           6.700    5/21/2013      USD       5.63
LEHMAN BROS TSY           3.450    5/23/2013      USD       5.63
LEHMAN BROS TSY           2.300     6/6/2013      USD      14.75
LEHMAN BROS TSY           2.300    6/27/2013      USD      14.75
LEHMAN BROS TSY           2.370    7/15/2013      USD       5.63
LEHMAN BROS TSY           4.600     8/1/2013      EUR       5.63
LEHMAN BROS TSY           6.000     8/7/2013      EUR       5.63
LEHMAN BROS TSY           4.870    10/8/2013      USD      14.75
LEHMAN BROS TSY           1.950    11/4/2013      EUR      14.75
LEHMAN BROS TSY           7.000   11/26/2013      EUR       5.63
LEHMAN BROS TSY           5.375     2/4/2014      USD       5.63
LEHMAN BROS TSY           5.000    2/27/2014      EUR       5.63
LEHMAN BROS TSY          10.600    4/22/2014      MXN       5.63
LEHMAN BROS TSY           5.300    4/23/2014      EUR       5.63
LEHMAN BROS TSY           2.300    4/28/2014      JPY       5.63
LEHMAN BROS TSY           4.100    6/10/2014      SGD      14.75
LEHMAN BROS TSY           0.250    7/21/2014      EUR       5.63
LEHMAN BROS TSY           4.500    7/24/2014      EUR       5.63
LEHMAN BROS TSY           5.000    9/22/2014      EUR       5.63
LEHMAN BROS TSY           8.000   10/17/2014      EUR       5.63
LEHMAN BROS TSY           3.025    1/31/2015      EUR       5.63
LEHMAN BROS TSY           5.000    2/16/2015      EUR       5.63
LEHMAN BROS TSY           5.000    2/25/2015      EUR       5.63
LEHMAN BROS TSY           5.400     3/4/2015      USD       5.63
LEHMAN BROS TSY           1.680     3/5/2015      EUR       5.63
LEHMAN BROS TSY           4.500     3/7/2015      EUR       5.63
LEHMAN BROS TSY           5.550    3/12/2015      EUR      14.75
LEHMAN BROS TSY           5.000    3/18/2015      EUR       5.88
LEHMAN BROS TSY           5.400    3/18/2015      USD       5.63
LEHMAN BROS TSY           7.050     4/8/2015      USD       5.63
LEHMAN BROS TSY           6.500    5/16/2015      EUR       5.63
LEHMAN BROS TSY           8.250    12/3/2015      EUR       5.63
LEHMAN BROS TSY           8.250     2/3/2016      EUR       5.63
LEHMAN BROS TSY           8.000    2/16/2016      EUR       5.63
LEHMAN BROS TSY           4.700    3/23/2016      EUR       5.63
LEHMAN BROS TSY           4.700    3/23/2016      EUR       5.63
LEHMAN BROS TSY           8.500     7/5/2016      EUR       5.63
LEHMAN BROS TSY           4.600     7/6/2016      EUR       5.63
LEHMAN BROS TSY           4.350     8/8/2016      SGD      14.75
LEHMAN BROS TSY           3.350   10/13/2016      EUR       5.63
LEHMAN BROS TSY           4.000   11/24/2016      EUR       5.63
LEHMAN BROS TSY           6.000    12/6/2016      USD      14.75
LEHMAN BROS TSY           0.800   12/30/2016      EUR       5.63
LEHMAN BROS TSY           4.000    2/16/2017      EUR       5.63
LEHMAN BROS TSY           4.690    2/19/2017      EUR      14.75
LEHMAN BROS TSY           5.000    4/24/2017      EUR       5.63
LEHMAN BROS TSY           4.500     5/2/2017      EUR       5.63
LEHMAN BROS TSY           7.500     5/2/2017      EUR       5.63
LEHMAN BROS TSY           7.390     5/4/2017      USD       5.63
LEHMAN BROS TSY           5.100     5/8/2017      HKD      14.75
LEHMAN BROS TSY           6.000    5/12/2017      EUR       5.63
LEHMAN BROS TSY           7.000     6/6/2017      EUR       5.63
LEHMAN BROS TSY           7.500    6/15/2017      USD       5.63
LEHMAN BROS TSY           3.000     8/8/2017      EUR       5.63
LEHMAN BROS TSY           3.000    8/15/2017      EUR       5.63
LEHMAN BROS TSY           5.000    8/16/2017      EUR       5.63
LEHMAN BROS TSY           4.600   10/11/2017      ILS      14.75
LEHMAN BROS TSY          12.220   11/21/2017      USD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      USD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      USD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      USD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      USD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           0.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           4.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           4.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           4.500   12/20/2017      AUD       5.63
LEHMAN BROS TSY           6.000   12/30/2017      EUR       5.63
LEHMAN BROS TSY           5.000    2/15/2018      EUR       5.63
LEHMAN BROS TSY           2.600    3/19/2018      JPY      14.75
LEHMAN BROS TSY           5.200    3/19/2018      EUR      14.75
LEHMAN BROS TSY           8.000    3/21/2018      USD       5.63
LEHMAN BROS TSY           7.800    3/31/2018      USD       5.63
LEHMAN BROS TSY           9.500     4/1/2018      USD       5.63
LEHMAN BROS TSY           6.000    5/23/2018      CZK       5.63
LEHMAN BROS TSY           9.750    6/22/2018      USD       5.63
LEHMAN BROS TSY           6.300   12/21/2018      USD       5.63
LEHMAN BROS TSY          11.000     5/9/2020      USD       5.63
LEHMAN BROS TSY           0.500     6/2/2020      EUR      14.75
LEHMAN BROS TSY           0.500     7/2/2020      EUR      14.75
LEHMAN BROS TSY           4.900    7/28/2020      EUR       5.63
LEHMAN BROS TSY           0.500     8/1/2020      EUR      14.75
LEHMAN BROS TSY           4.150    8/25/2020      EUR      14.75
LEHMAN BROS TSY           4.250    3/13/2021      EUR      14.75
LEHMAN BROS TSY           5.000     5/2/2022      EUR      14.75
LEHMAN BROS TSY           9.000    5/15/2022      USD       5.63
LEHMAN BROS TSY           6.000    2/19/2023      USD       5.63
LEHMAN BROS TSY           5.250     4/1/2023      EUR      14.75
LEHMAN BROS TSY           5.220     3/1/2024      EUR      14.75
LEHMAN BROS TSY           5.000     8/1/2025      EUR       5.63
LEHMAN BROS TSY           5.250    5/26/2026      EUR       5.63
LEHMAN BROS TSY           6.500    7/24/2026      EUR       5.63
LEHMAN BROS TSY           5.120    4/30/2027      EUR      14.75
LEHMAN BROS TSY           3.500   12/20/2027      USD       5.63
LEHMAN BROS TSY           5.000    2/28/2032      EUR       5.63
LEHMAN BROS TSY           6.000    2/15/2035      EUR       5.75
LEHMAN BROS TSY           8.250    3/16/2035      EUR       5.75
LEHMAN BROS TSY           7.000    5/17/2035      EUR       5.38
LEHMAN BROS TSY           7.500     8/1/2035      EUR       5.63
LEHMAN BROS TSY           7.250    10/5/2035      EUR       5.50
LEHMAN BROS TSY           6.000    11/2/2035      EUR       5.00
LEHMAN BROS TSY           3.000    9/12/2036      JPY       5.63
LEHMAN BROS TSY           4.950   10/25/2036      EUR       5.63
LEHMAN BROS TSY           4.820   12/18/2036      EUR      14.75
LEHMAN BROS TSY          10.000     8/2/2037      JPY       5.63
LEHMAN BROS TSY           4.680   12/12/2045      EUR      14.75
LEHMAN BROS TSY           5.103    6/22/2046      EUR      14.75
LEHMAN BROS TSY           5.250     7/8/2014      EUR      14.75
NATL INVESTER BK         25.983     5/7/2029      EUR      28.19
NED WATERSCHAPBK          0.500    3/11/2025      CAD      63.36
NIB CAPITAL BANK          4.510   12/16/2035      EUR      71.94
PORTUGAL TEL FIN          4.500    6/16/2025      EUR      74.21
Q-CELLS INTERNAT          1.375    4/30/2012      EUR      14.00
Q-CELLS INTERNAT          5.750    5/26/2014      EUR      15.09
RABOBANK                  0.500   10/27/2016      ZAR      73.28
RABOBANK                  0.500   11/26/2021      ZAR      45.38
RBS NV EX-ABN NV          2.910    6/21/2036      JPY      71.62
SNS BANK                  6.250   10/26/2020      EUR      74.65
SNS BANK                  4.580    3/20/2026      EUR      67.77
SNS BANK                  5.215    12/3/2027      EUR      70.92
TJIWI KIMIA FIN          13.250     8/1/2001      USD       0.01

NORWAY
------
KOMMUNALBANKEN            0.500    5/25/2018      ZAR      63.26
KOMMUNALBANKEN            0.500    7/26/2016      ZAR      74.07
KOMMUNALBANKEN            0.500    7/29/2016      ZAR      74.01
NORSKE SKOGIND            6.125   10/15/2015      USD      70.63
NORSKE SKOGIND            6.125   10/15/2015      USD      70.63
NORSKE SKOGIND            7.000    6/26/2017      EUR      63.76
NORSKE SKOGIND            7.125   10/15/2033      USD      53.38
NORSKE SKOGIND            7.125   10/15/2033      USD      53.38
RENEWABLE CORP            6.500     6/4/2014      EUR      61.48

PORTUGAL
--------
CAIXA GERAL DEPO          4.250    1/27/2020      EUR      75.91
CAIXA GERAL DEPO          5.380    10/1/2038      EUR      61.70
COMBOIOS DE PORT          5.700     2/5/2030      EUR      59.98
COMBOIOS DE PORT          4.170   10/16/2019      EUR      50.58
METRO DE LISBOA           5.750     2/4/2019      EUR      58.06
METRO DE LISBOA           7.300   12/23/2025      EUR      53.75
METRO DE LISBOA           4.061    12/4/2026      EUR      46.13
METRO DE LISBOA           4.799    12/7/2027      EUR      48.13
MONTEPIO GERAL            5.000     2/8/2017      EUR      61.38
MONTEPIO GERAL            4.000     2/8/2015      EUR      74.63
PARPUBLICA                4.200   11/16/2026      EUR      50.48
PARPUBLICA                5.250    9/28/2017      EUR      74.89
PARPUBLICA                4.191   10/15/2014      EUR      77.17
PARPUBLICA                3.567    9/22/2020      EUR      55.64
PORTUGUESE OT'S           4.200   10/15/2016      EUR      73.09
PORTUGUESE OT'S           4.750    6/14/2019      EUR      63.56
PORTUGUESE OT'S           4.800    6/15/2020      EUR      62.02
PORTUGUESE OT'S           3.850    4/15/2021      EUR      60.18
PORTUGUESE OT'S           4.350   10/16/2017      EUR      67.75
PORTUGUESE OT'S           4.950   10/25/2023      EUR      61.44
PORTUGUESE OT'S           4.100    4/15/2037      EUR      48.69
PORTUGUESE OT'S           4.450    6/15/2018      EUR      65.55
REFER                     4.000    3/16/2015      EUR      62.07
REFER                     5.875    2/18/2019      EUR      61.24
REFER                     4.047   11/16/2026      EUR      49.89
REFER                     4.250   12/13/2021      EUR      47.13
REFER                     4.675   10/16/2024      EUR      49.21

RUSSIA
------
ARIZK                     3.000   12/20/2030      RUB      46.12
DVTG-FINANS               7.750    7/18/2013      RUB      20.29
DVTG-FINANS              17.000    8/29/2013      RUB      55.55
MIRAX                    17.000    9/17/2012      RUB      32.21
NOK                      12.500    8/26/2014      RUB       5.00
PROTON-FINANCE            9.000    6/12/2012      RUB      55.50
RBC OJSC                  3.270    4/19/2018      RUB      46.01
SATURN                    8.000     6/6/2014      RUB       1.02

SPAIN
-----
AYT CEDULAS CAJA          4.250   10/25/2023      EUR      70.96
AYT CEDULAS CAJA          3.750    6/30/2025      EUR      60.27
AYT CEDULAS CAJA          4.750    5/25/2027      EUR      66.44
AYT CEDULAS CAJA          3.750   12/14/2022      EUR      68.24
AYUNTAM DE MADRD          4.350    6/16/2021      EUR      70.87
AYUNTAM DE MADRD          4.550    6/16/2036      EUR      50.66
BANCAJA                   1.500    5/22/2018      EUR      67.25
BANCO BILBAO VIZ          6.025     3/3/2033      EUR      64.66
BANCO BILBAO VIZ          4.500    2/16/2022      EUR      75.30
BANCO CASTILLA            1.500    6/23/2021      EUR      65.63
BANKINTER SA              6.000   12/18/2028      EUR      72.20
BASQUE GOV'T              4.600     1/7/2025      EUR      71.41
BBVA SUB CAP UNI          2.750   10/22/2035      JPY      61.34
CAIXA TERRASSA            4.700     8/9/2021      EUR      72.43
CAIXA TERRASSA            1.700    3/12/2022      EUR      67.35
CAJA MADRID               5.116    7/15/2015      EUR      73.75
CAJA MADRID               4.125    3/24/2036      EUR      68.93
CEDULAS TDA 6 FO          4.250    4/10/2031      EUR      57.75
CEDULAS TDA 6 FO          3.875    5/23/2025      EUR      61.88
CEDULAS TDA A-5           4.250    3/28/2027      EUR      61.81
COMUN AUTO CANAR          3.900   11/30/2035      EUR      47.82
COMUN AUTO CANAR          5.750   10/15/2029      EUR      71.99
COMUN AUTO CANAR          4.200   10/25/2036      EUR      48.61
COMUNIDAD ARAGON          4.646    7/11/2036      EUR      57.75
COMUNIDAD ARAGON          4.815   10/10/2022      EUR      74.02
COMUNIDAD ARAGON          4.470    7/12/2021      EUR      74.60
COMUNIDAD BALEAR          4.796     3/4/2020      EUR      74.25
COMUNIDAD BALEAR          3.869   11/23/2020      EUR      66.29
COMUNIDAD BALEAR          4.063   11/23/2035      EUR      44.80
COMUNIDAD MADRID          4.300    9/15/2026      EUR      67.41
DIPUTACION FOR            4.323   12/29/2023      EUR      66.31
GEN DE CATALUNYA          4.801    7/31/2020      EUR      70.66
GEN DE CATALUNYA          4.900    9/15/2021      EUR      68.13
GEN DE CATALUNYA          5.250    10/5/2023      EUR      65.75
GEN DE CATALUNYA          5.325    10/5/2028      EUR      62.55
GEN DE CATALUNYA          5.219    9/10/2029      EUR      60.00
GEN DE CATALUNYA          5.900    5/20/2024      EUR      70.14
GEN DE CATALUNYA          6.350   11/30/2041      EUR      60.59
GEN DE CATALUNYA          2.965     9/8/2039      JPY      49.22
GEN DE CATALUNYA          4.220    4/26/2035      EUR      43.64
GEN DE CATALUNYA          5.400    5/13/2030      EUR      60.44
GEN DE CATALUNYA          5.950    10/1/2030      EUR      63.97
GEN DE CATALUNYA          5.900    5/28/2030      EUR      64.88
GEN DE CATALUNYA          4.950    2/11/2020      EUR      72.83
GEN DE CATALUNYA          4.690   10/28/2034      EUR      47.98
GENERAL VALENCIA          4.900    3/17/2020      EUR      65.50
GENERAL VALENCIA          5.900   11/30/2032      EUR      51.38
GENERAL VALENCIA          4.000    11/2/2016      EUR      75.38
IM CEDULAS 5              3.500    6/15/2020      EUR      74.33
INSTIT CRDT OFCL          2.570   10/22/2021      CHF      70.72
INSTIT CRDT OFCL          3.250    6/28/2024      CHF      70.33
INSTIT CRDT OFCL          2.100    2/23/2021      JPY      74.05
INSTITUT CATALA           4.250    6/15/2024      EUR      64.04
JUNTA ANDALUCIA           4.850    3/17/2020      EUR      72.59
JUNTA ANDALUCIA           3.170    7/29/2039      JPY      54.21
JUNTA ANDALUCIA           4.125    1/20/2020      EUR      71.37
JUNTA ANDALUCIA           3.065    7/29/2039      JPY      52.90
JUNTA ANDALUCIA           5.150    5/24/2034      EUR      58.06
JUNTA ANDALUCIA           6.600   11/29/2030      EUR      73.26
JUNTA ANDALUCIA           5.000    7/13/2022      EUR      71.60
JUNTA ANDALUCIA           4.250   10/31/2036      EUR      46.73
JUNTA ANDALUCIA           5.700    7/20/2028      EUR      68.55
JUNTA CASTILLA            4.650    11/8/2022      EUR      70.04
JUNTA LA MANCHA           3.875    1/31/2036      EUR      37.38
JUNTA LA MANCHA           5.950     9/9/2030      EUR      59.55
JUNTA LA MANCHA           4.625   11/30/2022      EUR      64.50
JUNTA LA MANCHA           2.810   10/14/2022      JPY      67.38
JUNTA LA MANCHA           7.705    2/15/2033      EUR      71.13
MAPFRE SA                 5.921    7/24/2037      EUR      67.23
SACYR VALLEHERM           6.500     5/1/2016      EUR      59.90
SANTANDER ISSUAN          5.750    1/31/2018      GBP      74.96
XUNTA DE GALICIA          5.350   11/22/2028      EUR      64.97
XUNTA DE GALICIA          4.025   11/28/2035      EUR      47.55

SWEDEN
------
ASSA ABLOY AB             4.000    2/15/2027      EUR      74.87
SWEDISH EXP CRED          0.500   11/27/2015      TRY      74.77
SWEDISH EXP CRED          0.500    9/20/2016      ZAR      72.40
SWEDISH EXP CRED          0.500    9/30/2016      ZAR      72.27
SWEDISH EXP CRED          0.500    8/26/2021      AUD      67.74
SWEDISH EXP CRED          0.500    8/26/2016      ZAR      72.83
SWEDISH EXP CRED          0.500   12/17/2027      USD      58.59
SWEDISH EXP CRED          0.500    8/25/2016      ZAR      72.83
SWEDISH EXP CRED          0.500    1/25/2028      USD      58.21
SWEDISH EXP CRED          0.500    6/29/2016      TRY      71.56
SWEDISH EXP CRED          0.500    1/31/2022      ZAR      45.70
SWEDISH EXP CRED          0.500    6/14/2016      ZAR      73.99
SWEDISH EXP CRED          0.500    3/15/2022      ZAR      44.86
SWEDISH EXP CRED          0.500    8/25/2021      ZAR      47.13
SWEDISH EXP CRED          7.500    6/12/2012      USD       7.00
SWEDISH EXP CRED          0.500    2/22/2022      ZAR      45.09

SWITZERLAND
-----------
BANK JULIUS BAER         11.500     5/7/2012      CHF      71.20
BANK JULIUS BAER          7.100     5/9/2012      CHF      69.30
BANK JULIUS BAER         10.500     5/9/2012      EUR      52.30
BANK JULIUS BAER         10.500     5/9/2012      EUR      58.05
BANK JULIUS BAER          7.100    5/10/2012      CHF      67.05
BANK JULIUS BAER          6.200    5/11/2012      USD      58.90
BANK JULIUS BAER         10.000    5/11/2012      CHF      54.55
BANK JULIUS BAER         13.500    5/11/2012      EUR      70.00
BANK JULIUS BAER          8.200    5/18/2012      EUR      66.90
BANK JULIUS BAER          8.400    5/23/2012      CHF      53.50
BANK JULIUS BAER         10.000    5/23/2012      CHF      70.25
BANK JULIUS BAER          8.500    5/25/2012      CHF      70.20
BANK JULIUS BAER          8.600    5/25/2012      EUR      73.65
BANK JULIUS BAER          9.200    5/25/2012      EUR      52.05
BANK JULIUS BAER         10.000    5/25/2012      CHF      69.35
BANK JULIUS BAER          9.000    5/30/2012      CHF      56.40
BANK JULIUS BAER         10.000     6/1/2012      CHF      54.00
BANK JULIUS BAER         10.300     6/1/2012      EUR      74.60
BANK JULIUS BAER         11.200     6/1/2012      CHF      67.60
BANK JULIUS BAER         13.000     6/1/2012      USD      56.40
BANK JULIUS BAER          8.200     6/8/2012      CHF      72.85
BANK JULIUS BAER         14.000    6/28/2012      EUR      60.45
BANK JULIUS BAER          8.000    6/29/2012      EUR      73.35
BANK JULIUS BAER         11.900    6/29/2012      EUR      61.50
BANK JULIUS BAER          8.600     7/6/2012      CHF      74.15
BANK JULIUS BAER          9.000     7/6/2012      EUR      68.25
BANK JULIUS BAER         10.100     7/6/2012      CHF      40.45
BANK JULIUS BAER         10.500     7/6/2012      CHF      74.80
BANK JULIUS BAER         10.500     7/6/2012      USD      70.40
BANK JULIUS BAER         11.300     7/6/2012      CHF      41.05
BANK JULIUS BAER         11.900     7/6/2012      CHF      66.95
BANK JULIUS BAER         12.000     7/6/2012      EUR      60.75
BANK JULIUS BAER         12.400     7/6/2012      CHF      49.20
BANK JULIUS BAER         14.800     7/6/2012      EUR      56.45
BANK JULIUS BAER         14.300    7/13/2012      CHF      52.30
BANK JULIUS BAER         10.500    7/18/2012      CHF      66.50
BANK JULIUS BAER         11.700    7/20/2012      EUR      72.35
BANK JULIUS BAER          8.750    7/26/2012      EUR      73.50
BANK JULIUS BAER          9.300    7/27/2012      EUR      68.30
BANK JULIUS BAER         11.300     8/3/2012      CHF      71.40
BANK JULIUS BAER         22.800     8/3/2012      USD      68.14
BANK JULIUS BAER          9.000    9/17/2012      CHF      45.40
BANK JULIUS BAER         17.300     2/1/2013      EUR      68.75
BANK JULIUS BAER         12.000     4/9/2013      CHF      52.55
BANK JULIUS BAER          8.700     8/5/2013      CHF      66.77
BANK JULIUS BAER          7.400    6/14/2012      CAD      54.50
CLARIDEN LEU NAS         12.750    5/24/2012      EUR      51.66
CLARIDEN LEU NAS         11.250    6/22/2012      CHF      47.99
CLARIDEN LEU NAS         10.000    6/22/2012      CHF      58.73
CLARIDEN LEU NAS         10.500    6/21/2012      EUR      55.58
CLARIDEN LEU NAS         10.000    6/21/2012      EUR      64.31
CLARIDEN LEU NAS          9.000    6/21/2012      CHF      58.17
CLARIDEN LEU NAS         12.000    6/20/2012      USD      67.07
CLARIDEN LEU NAS         10.250    6/20/2012      SEK      70.03
CLARIDEN LEU NAS          3.550    6/20/2012      CHF      49.74
CLARIDEN LEU NAS         10.500    6/15/2012      CHF      66.54
CLARIDEN LEU NAS          9.000    6/15/2012      CHF      70.80
CLARIDEN LEU NAS         12.000    6/14/2012      CHF      34.75
CLARIDEN LEU NAS         11.750    6/14/2012      EUR      73.26
CLARIDEN LEU NAS          9.250    6/14/2012      CHF      70.98
CLARIDEN LEU NAS         12.000    5/18/2012      EUR      52.33
CLARIDEN LEU NAS          9.000    6/14/2012      CHF      55.83
CLARIDEN LEU NAS         10.600    5/18/2012      CHF      53.49
CLARIDEN LEU NAS         10.000    5/18/2012      EUR      63.92
CLARIDEN LEU NAS         11.750    5/16/2012      EUR      71.00
CLARIDEN LEU NAS         10.550    5/16/2012      EUR      52.22
CLARIDEN LEU NAS         10.000    5/16/2012      EUR      70.19
CLARIDEN LEU NAS         10.000    5/16/2012      EUR      56.62
CLARIDEN LEU NAS         12.000    5/11/2012      EUR      40.75
CLARIDEN LEU NAS         10.750    5/11/2012      CHF      54.07
CLARIDEN LEU NAS         10.750     5/9/2012      EUR      69.81
CLARIDEN LEU NAS         10.750     5/9/2012      CHF      65.87
CLARIDEN LEU NAS          9.000     5/9/2012      EUR      61.36
CLARIDEN LEU NAS          7.300     5/9/2012      CHF      53.25
CLARIDEN LEU NAS          8.000     5/4/2012      CHF      72.09
CLARIDEN LEU NAS         11.500     6/1/2012      EUR      73.12
CLARIDEN LEU NAS         12.500     6/1/2012      CHF      14.42
CLARIDEN LEU NAS         13.250     6/1/2012      USD      14.45
CLARIDEN LEU NAS         10.000     6/6/2012      CHF      72.86
CLARIDEN LEU NAS         10.000     6/6/2012      NOK      62.57
CLARIDEN LEU NAS          7.500     6/1/2012      EUR      66.37
CLARIDEN LEU NAS         12.250    5/31/2012      EUR      42.17
CLARIDEN LEU NAS         10.750    5/30/2012      CHF      55.29
CLARIDEN LEU NAS         10.500    5/30/2012      EUR      67.18
CLARIDEN LEU NAS         10.500    5/25/2012      CHF      70.87
CLARIDEN LEU NAS         13.500     6/8/2012      EUR      53.86
CLARIDEN LEU NAS         10.500    5/24/2012      EUR      73.20
CLARIDEN LEU NAS         14.000    5/23/2012      EUR      12.98
CLARIDEN LEU NAS         13.000    5/23/2012      CHF      12.95
CLARIDEN LEU NAS         11.500    5/23/2012      USD      67.18
CLARIDEN LEU NAS         10.000    5/23/2012      NOK      60.53
CLARIDEN LEU NAS         11.000     6/6/2012      CAD      71.42
CLARIDEN LEU NAS          0.000     6/8/2012      CHF      61.16
CLARIDEN LEU NAS          8.500     6/8/2012      CHF      65.02
CLARIDEN LEU NAS          0.000    5/13/2014      CHF      59.97
CLARIDEN LEU NAS          0.000   10/15/2014      CHF      61.01
CLARIDEN LEU NAS          0.000    9/10/2014      CHF      57.44
CLARIDEN LEU NAS          0.000    8/27/2014      CHF      62.00
CLARIDEN LEU NAS          4.500    8/13/2014      CHF      48.23
CLARIDEN LEU NAS          5.250     8/6/2014      CHF      62.00
CLARIDEN LEU NAS          0.000    6/10/2014      CHF      66.77
CLARIDEN LEU NAS          0.000    6/10/2014      CHF      60.81
CLARIDEN LEU NAS          0.000    5/26/2014      CHF      61.03
CLARIDEN LEU NAS         10.000    6/10/2013      CHF      62.20
CLARIDEN LEU NAS          0.000    2/24/2014      CHF      52.80
CLARIDEN LEU NAS          0.000    2/11/2014      CHF      52.38
CLARIDEN LEU NAS         18.400   12/20/2013      EUR      73.80
CLARIDEN LEU NAS          0.000   11/26/2013      CHF      61.15
CLARIDEN LEU NAS          0.000    9/23/2013      CHF      53.18
CLARIDEN LEU NAS          3.250    9/16/2013      CHF      52.50
CLARIDEN LEU NAS          7.000    7/22/2013      CHF      70.56
CLARIDEN LEU NAS         13.000    7/15/2013      CHF      74.95
CLARIDEN LEU NAS          8.250   12/17/2012      CHF      64.80
CLARIDEN LEU NAS          0.000    5/31/2013      CHF      63.99
CLARIDEN LEU NAS          6.500    4/26/2013      CHF      56.11
CLARIDEN LEU NAS          0.000    3/25/2013      CHF      57.36
CLARIDEN LEU NAS          9.000    2/14/2013      CHF      71.60
CLARIDEN LEU NAS         11.500    2/13/2013      EUR      74.35
CLARIDEN LEU NAS          0.000    1/24/2013      CHF      73.60
CLARIDEN LEU NAS          8.750    1/15/2013      CHF      73.24
CLARIDEN LEU NAS         18.000   12/28/2012      USD      73.55
CLARIDEN LEU NAS         10.250   10/18/2012      EUR      74.25
CLARIDEN LEU NAS          0.000   12/17/2012      EUR      67.01
CLARIDEN LEU NAS          0.000   12/14/2012      CHF      48.86
CLARIDEN LEU NAS         10.500   11/26/2012      EUR      64.67
CLARIDEN LEU NAS          8.000   11/20/2012      CHF      71.78
CLARIDEN LEU NAS          7.125   11/19/2012      CHF      56.27
CLARIDEN LEU NAS          7.250   11/16/2012      CHF      56.91
CLARIDEN LEU NAS          7.500   11/13/2012      CHF      56.38
CLARIDEN LEU NAS          7.250   11/13/2012      CHF      73.79
CLARIDEN LEU NAS         10.000    9/11/2012      CHF      51.52
CLARIDEN LEU NAS         10.000   10/15/2012      CHF      52.47
CLARIDEN LEU NAS          9.500   10/15/2012      CHF      53.14
CLARIDEN LEU NAS          8.500   10/15/2012      CHF      51.61
CLARIDEN LEU NAS          8.000   10/15/2012      CHF      72.09
CLARIDEN LEU NAS         10.000    10/8/2012      EUR      55.88
CLARIDEN LEU NAS          7.000    10/4/2012      CHF      52.89
CLARIDEN LEU NAS          9.000    9/24/2012      CHF      64.34
CLARIDEN LEU NAS         10.250    9/17/2012      CHF      52.61
CLARIDEN LEU NAS         11.750     8/8/2012      EUR      66.30
CLARIDEN LEU NAS         11.000    9/10/2012      EUR      67.02
CLARIDEN LEU NAS          7.500    9/10/2012      CHF      63.29
CLARIDEN LEU NAS         12.000     9/4/2012      EUR      41.05
CLARIDEN LEU NAS         10.500     9/4/2012      USD      71.47
CLARIDEN LEU NAS          9.250     9/4/2012      CHF      48.72
CLARIDEN LEU NAS          7.000    8/16/2012      CHF      54.77
CLARIDEN LEU NAS         12.000    8/15/2012      USD      74.88
CLARIDEN LEU NAS         10.000    8/10/2012      EUR      72.33
CLARIDEN LEU NAS         11.000    7/25/2012      NOK      69.54
CLARIDEN LEU NAS         10.000     8/8/2012      USD      72.38
CLARIDEN LEU NAS         10.000     8/3/2012      CHF      73.88
CLARIDEN LEU NAS         13.000     8/2/2012      EUR      72.39
CLARIDEN LEU NAS         11.000     8/2/2012      USD      67.10
CLARIDEN LEU NAS         10.500     8/2/2012      EUR      55.78
CLARIDEN LEU NAS         10.250     8/2/2012      CHF      66.43
CLARIDEN LEU NAS         12.000    7/26/2012      EUR      74.54
CLARIDEN LEU NAS          8.750    7/26/2012      CHF      59.00
CLARIDEN LEU NAS         10.500    7/18/2012      CHF      63.99
CLARIDEN LEU NAS         10.250    7/25/2012      EUR      73.81
CLARIDEN LEU NAS         10.250    7/25/2012      USD      68.15
CLARIDEN LEU NAS          9.250    7/25/2012      CHF      67.67
CLARIDEN LEU NAS         12.250    7/20/2012      USD      67.93
CLARIDEN LEU NAS          9.500    7/20/2012      CHF      65.67
CLARIDEN LEU NAS         10.750    7/19/2012      EUR      68.36
CLARIDEN LEU NAS          9.000    7/19/2012      CHF      62.44
CLARIDEN LEU NAS         11.000    7/18/2012      EUR      73.49
CLARIDEN LEU NAS         11.000     7/5/2012      CHF      63.58
CLARIDEN LEU NAS          7.900    7/18/2012      USD      69.06
CLARIDEN LEU NAS         11.750    7/13/2012      EUR      70.82
CLARIDEN LEU NAS          9.500    7/13/2012      EUR      58.71
CLARIDEN LEU NAS         11.750    7/12/2012      USD      67.32
CLARIDEN LEU NAS         10.500    7/12/2012      CHF      61.27
CLARIDEN LEU NAS         12.500    7/11/2012      EUR      66.45
CLARIDEN LEU NAS         10.000     7/6/2012      CHF      73.23
CLARIDEN LEU NAS         10.000     7/6/2012      EUR      70.89
CLARIDEN LEU NAS         10.500     7/4/2012      EUR      64.44
CLARIDEN LEU NAS         10.250     7/4/2012      EUR      57.40
CLARIDEN LEU NAS         10.000     7/4/2012      CHF      63.18
CLARIDEN LEU NAS          8.750     7/4/2012      CHF      68.93
CLARIDEN LEU NAS          8.500     7/4/2012      EUR      72.06
CLARIDEN LEU NAS         15.500    6/29/2012      EUR      44.88
CLARIDEN LEU NAS         10.000    6/27/2012      CHF      74.63
CLARIDEN LEU NAS         12.500    6/22/2012      EUR      73.69
CREDIT SUISSE LD          4.000   12/10/2012      EUR      43.60
CREDIT SUISSE LD          8.900    3/25/2013      EUR      59.70
SARASIN CI LTD           12.500    5/11/2012      CHF      58.99
SARASIN CI LTD           11.000     5/9/2012      CHF      53.85
SARASIN CI LTD           10.080     5/4/2012      CHF      54.70
SARASIN CI LTD           12.000    6/27/2012      CHF      43.79
SARASIN CI LTD            5.538    6/18/2012      CHF      53.37
SARASIN CI LTD            4.154    6/11/2012      CHF      71.59
SARASIN CI LTD            7.743     6/8/2012      CHF      71.60
SARASIN CI LTD            8.000    4/27/2015      CHF      67.16
SARASIN CI LTD            8.000     9/3/2012      CHF      52.99
SARASIN CI LTD            8.400    5/30/2012      CHF      70.42
SARASIN CI LTD            8.600    5/16/2012      CHF      70.09
SARASIN/GUERNSEY         15.400    7/12/2012      EUR      70.91
SARASIN/GUERNSEY         17.000   10/12/2012      EUR      68.48
SARASIN/GUERNSEY         12.100    7/12/2012      CHF      60.73
SARASIN/GUERNSEY         10.000    8/10/2012      EUR      58.20
SARASIN/GUERNSEY          7.200    7/16/2012      CHF      53.98
SARASIN/GUERNSEY          7.600    7/13/2012      EUR      69.56
SARASIN/GUERNSEY         10.000    7/20/2012      EUR      73.93
UBS AG                    0.500    4/27/2015      CHF      52.20
UBS AG                   11.000     3/4/2014      USD      19.73
UBS AG                   11.020   10/21/2013      USD      58.10
UBS AG                   15.900    9/20/2013      EUR      68.40
UBS AG                   12.900    9/20/2013      EUR      69.10
UBS AG                   10.200    9/20/2013      EUR      70.82
UBS AG                   10.770     9/6/2013      USD      17.40
UBS AG                    9.650    8/23/2013      USD      32.42
UBS AG                   11.250    4/11/2013      USD      26.20
UBS AG                    9.650    4/11/2013      USD      34.27
UBS AG                    9.850    3/22/2013      USD      20.47
UBS AG                    7.990    3/19/2013      USD      20.90
UBS AG                    6.500    3/14/2013      USD      19.04
UBS AG                    5.760    3/14/2013      USD      31.66
UBS AG                    5.540    3/14/2013      USD      30.13
UBS AG                   16.640    3/12/2013      USD      25.80
UBS AG                   11.920    3/12/2013      USD      16.25
UBS AG                    8.670    3/12/2013      USD       2.43
UBS AG                    8.000    3/12/2013      USD      60.78
UBS AG                    6.420    3/12/2013      USD      18.77
UBS AG                    6.400    3/12/2013      USD      18.77
UBS AG                    6.280    3/12/2013      USD      45.80
UBS AG                    4.280    3/12/2013      USD      12.96
UBS AG                    3.900    3/12/2013      USD      12.10
UBS AG                    8.100     3/8/2013      USD      21.33
UBS AG                   13.760     3/6/2013      USD       6.38
UBS AG                   14.850    2/22/2013      EUR      74.74
UBS AG                   13.660    2/22/2013      EUR      73.78
UBS AG                   14.070    1/25/2013      EUR      74.98
UBS AG                   10.390    1/18/2013      USD      38.04
UBS AG                   21.700     1/4/2013      EUR      71.66
UBS AG                   20.570     1/4/2013      EUR      72.98
UBS AG                   19.440     1/4/2013      EUR      74.40
UBS AG                   19.090   12/21/2012      EUR      67.32
UBS AG                   18.000   12/21/2012      EUR      69.16
UBS AG                   17.500   12/21/2012      EUR      68.80
UBS AG                   17.200   12/21/2012      EUR      74.36
UBS AG                   17.070   12/21/2012      EUR      67.66
UBS AG                   16.930   12/21/2012      EUR      70.28
UBS AG                   16.710   12/21/2012      EUR      69.62
UBS AG                   16.600   12/21/2012      EUR      64.74
UBS AG                   16.030   12/21/2012      EUR      68.52
UBS AG                   15.930   12/21/2012      EUR      67.70
UBS AG                   15.920   12/21/2012      EUR      70.48
UBS AG                   15.860   12/21/2012      EUR      71.50
UBS AG                   15.130   12/21/2012      EUR      71.40
UBS AG                   15.000   12/21/2012      EUR      69.48
UBS AG                   14.810   12/21/2012      EUR      72.82
UBS AG                   14.740   12/21/2012      EUR      68.94
UBS AG                   14.690   12/21/2012      EUR      71.98
UBS AG                   14.350   12/21/2012      EUR      72.36
UBS AG                   13.980   12/21/2012      EUR      70.52
UBS AG                   13.770   12/21/2012      EUR      74.26
UBS AG                   13.570   12/21/2012      EUR      73.38
UBS AG                   13.560   12/21/2012      EUR      70.32
UBS AG                   13.320   12/21/2012      EUR      73.40
UBS AG                   12.970   12/21/2012      EUR      71.64
UBS AG                   12.800   12/21/2012      EUR      74.46
UBS AG                   12.400   12/21/2012      EUR      71.84
UBS AG                   12.200   12/21/2012      EUR      68.46
UBS AG                   11.980   12/21/2012      EUR      74.98
UBS AG                   11.970   12/21/2012      EUR      72.88
UBS AG                   11.270   12/21/2012      EUR      73.52
UBS AG                   11.000   12/21/2012      EUR      74.22
UBS AG                   13.600   11/12/2012      EUR      45.94
UBS AG                   13.560   11/12/2012      EUR      46.60
UBS AG                   12.000   11/12/2012      EUR      70.74
UBS AG                   11.660   11/12/2012      EUR      50.46
UBS AG                   11.260   11/12/2012      EUR      54.02
UBS AG                   10.930   11/12/2012      EUR      49.58
UBS AG                    9.650   11/12/2012      EUR      53.70
UBS AG                    9.470   11/12/2012      EUR      52.80
UBS AG                    9.020   11/12/2012      EUR      51.96
UBS AG                    8.780   11/12/2012      EUR      74.64
UBS AG                    8.590   11/12/2012      EUR      59.20
UBS AG                    8.370   11/12/2012      EUR      60.36
UBS AG                    8.280   11/12/2012      EUR      70.68
UBS AG                    8.280   11/12/2012      EUR      70.68
UBS AG                    6.700   11/12/2012      EUR      57.50
UBS AG                    6.070   11/12/2012      EUR      65.28
UBS AG                   12.500    11/1/2012      EUR      71.80
UBS AG                   16.390   10/26/2012      EUR      73.86
UBS AG                   12.760   10/18/2012      USD      13.46
UBS AG                   10.320    10/4/2012      CHF      66.05
UBS AG                    9.920    10/4/2012      CHF      66.00
UBS AG                   13.820    10/3/2012      USD      13.36
UBS AG                   11.580    10/1/2012      EUR      68.18
UBS AG                   11.560    10/1/2012      EUR      35.00
UBS AG                   11.530    10/1/2012      EUR      68.16
UBS AG                   11.460    10/1/2012      EUR      34.96
UBS AG                   11.460    10/1/2012      EUR      68.14
UBS AG                   11.380    10/1/2012      EUR      68.10
UBS AG                   11.330    10/1/2012      EUR      34.90
UBS AG                   11.280    10/1/2012      EUR      68.08
UBS AG                   11.160    10/1/2012      EUR      68.02
UBS AG                   11.150    10/1/2012      EUR      34.84
UBS AG                   11.010    10/1/2012      EUR      67.96
UBS AG                   10.930    10/1/2012      EUR      34.76
UBS AG                   10.840    10/1/2012      EUR      67.90
UBS AG                   10.740    10/1/2012      EUR      66.08
UBS AG                   10.650    10/1/2012      EUR      34.64
UBS AG                   10.640    10/1/2012      EUR      67.82
UBS AG                   10.620    10/1/2012      EUR      66.08
UBS AG                   10.440    10/1/2012      EUR      65.96
UBS AG                   10.410    10/1/2012      EUR      67.74
UBS AG                   10.310    10/1/2012      EUR      34.50
UBS AG                   10.220    10/1/2012      EUR      65.88
UBS AG                   10.150    10/1/2012      EUR      67.64
UBS AG                    9.930    10/1/2012      EUR      65.76
UBS AG                    9.910    10/1/2012      EUR      34.36
UBS AG                    9.900    10/1/2012      EUR      33.34
UBS AG                    9.860    10/1/2012      EUR      67.56
UBS AG                    9.580    10/1/2012      EUR      65.62
UBS AG                    9.540    10/1/2012      EUR      67.40
UBS AG                    9.440    10/1/2012      EUR      34.18
UBS AG                    9.360    10/1/2012      EUR      33.10
UBS AG                    9.200    10/1/2012      EUR      33.02
UBS AG                    9.160    10/1/2012      EUR      65.46
UBS AG                    9.060    10/1/2012      EUR      66.88
UBS AG                    8.950    10/1/2012      EUR      74.96
UBS AG                    8.910    10/1/2012      EUR      66.78
UBS AG                    8.910    10/1/2012      EUR      33.96
UBS AG                    8.740    10/1/2012      EUR      74.84
UBS AG                    8.730    10/1/2012      EUR      32.84
UBS AG                    8.720    10/1/2012      EUR      67.46
UBS AG                    8.720    10/1/2012      EUR      66.70
UBS AG                    8.660    10/1/2012      EUR      65.26
UBS AG                    8.530    10/1/2012      EUR      67.38
UBS AG                    8.500    10/1/2012      EUR      66.62
UBS AG                    8.490    10/1/2012      EUR      74.74
UBS AG                    8.420    10/1/2012      EUR      32.72
UBS AG                    8.400    10/1/2012      EUR      67.34
UBS AG                    8.310    10/1/2012      EUR      33.74
UBS AG                    8.260    10/1/2012      EUR      67.28
UBS AG                    8.240    10/1/2012      EUR      66.54
UBS AG                    8.200    10/1/2012      EUR      74.64
UBS AG                    8.090    10/1/2012      EUR      67.22
UBS AG                    8.090    10/1/2012      EUR      65.04
UBS AG                    8.050    10/1/2012      EUR      32.58
UBS AG                    7.940    10/1/2012      EUR      66.40
UBS AG                    7.900    10/1/2012      EUR      67.14
UBS AG                    7.850    10/1/2012      EUR      74.50
UBS AG                    7.840    10/1/2012      EUR      32.50
UBS AG                    7.680    10/1/2012      EUR      67.06
UBS AG                    7.660    10/1/2012      EUR      33.48
UBS AG                    7.620    10/1/2012      EUR      32.42
UBS AG                    7.610    10/1/2012      EUR      66.28
UBS AG                    7.470    10/1/2012      EUR      74.34
UBS AG                    7.450    10/1/2012      EUR      66.96
UBS AG                    7.380    10/1/2012      EUR      74.14
UBS AG                    7.380    10/1/2012      EUR      32.32
UBS AG                    7.240    10/1/2012      EUR      66.14
UBS AG                    7.210    10/1/2012      EUR      74.08
UBS AG                    7.190    10/1/2012      EUR      68.32
UBS AG                    7.140    10/1/2012      EUR      32.22
UBS AG                    7.040    10/1/2012      EUR      74.18
UBS AG                    7.030    10/1/2012      EUR      74.00
UBS AG                   24.960    9/28/2012      EUR      67.84
UBS AG                   23.560    9/28/2012      EUR      69.50
UBS AG                   22.150    9/28/2012      EUR      71.30
UBS AG                   21.970    9/28/2012      EUR      64.76
UBS AG                   20.920    9/28/2012      EUR      66.46
UBS AG                   20.740    9/28/2012      EUR      73.24
UBS AG                   19.990    9/28/2012      EUR      66.60
UBS AG                   19.910    9/28/2012      EUR      71.64
UBS AG                   19.880    9/28/2012      EUR      64.98
UBS AG                   19.580    9/28/2012      EUR      67.78
UBS AG                   19.000    9/28/2012      EUR      67.60
UBS AG                   18.580    9/28/2012      EUR      66.00
UBS AG                   18.250    9/28/2012      EUR      73.24
UBS AG                   18.240    9/28/2012      EUR      69.20
UBS AG                   18.220    9/28/2012      EUR      65.16
UBS AG                   18.020    9/28/2012      EUR      68.68
UBS AG                   17.990    9/28/2012      EUR      74.48
UBS AG                   17.280    9/28/2012      EUR      67.12
UBS AG                   17.090    9/28/2012      EUR      69.72
UBS AG                   17.050    9/28/2012      EUR      69.80
UBS AG                   16.930    9/28/2012      EUR      70.78
UBS AG                   16.720    9/28/2012      EUR      66.62
UBS AG                   16.090    9/28/2012      EUR      71.00
UBS AG                   16.000    9/28/2012      EUR      68.32
UBS AG                   15.640    9/28/2012      EUR      72.46
UBS AG                   15.370    9/28/2012      EUR      71.36
UBS AG                   15.240    9/28/2012      EUR      68.22
UBS AG                   15.130    9/28/2012      EUR      72.26
UBS AG                   14.740    9/28/2012      EUR      69.62
UBS AG                   14.390    9/28/2012      EUR      74.28
UBS AG                   14.180    9/28/2012      EUR      73.58
UBS AG                   13.800    9/28/2012      EUR      69.98
UBS AG                   13.700    9/28/2012      EUR      73.18
UBS AG                   13.500    9/28/2012      EUR      71.04
UBS AG                   13.230    9/28/2012      EUR      74.96
UBS AG                   12.890    9/28/2012      EUR      74.16
UBS AG                   12.390    9/28/2012      EUR      71.92
UBS AG                   12.300    9/28/2012      EUR      72.56
UBS AG                   11.130    9/28/2012      EUR      74.22
UBS AG                   11.040    9/28/2012      EUR      74.04
UBS AG                   22.700    9/21/2012      EUR      63.58
UBS AG                   13.000    9/21/2012      EUR      66.62
UBS AG                   10.740    9/17/2012      USD      33.58
UBS AG                   19.660     9/3/2012      EUR      71.84
UBS AG                   17.640     9/3/2012      EUR      70.86
UBS AG                    9.070     9/3/2012      EUR      67.70
UBS AG                    9.430    8/31/2012      USD      33.27
UBS AG                   14.000    8/27/2012      CHF      73.85
UBS AG                   17.250    8/15/2012      EUR      50.30
UBS AG                    9.500    8/10/2012      USD      28.61
UBS AG                   11.500     8/2/2012      CHF      71.15
UBS AG                   11.000     8/2/2012      EUR      59.70
UBS AG                   10.500     8/2/2012      EUR      54.90
UBS AG                   10.000     8/2/2012      CHF      66.35
UBS AG                   12.040    7/31/2012      USD      17.53
UBS AG                   11.760    7/31/2012      USD      28.35
UBS AG                    8.460    7/31/2012      USD      35.27
UBS AG                   12.000    7/25/2012      EUR      58.45
UBS AG                   10.960    7/20/2012      USD      24.73
UBS AG                   10.600    7/20/2012      CHF      68.90
UBS AG                   10.020    7/20/2012      USD      10.92
UBS AG                   14.400    6/29/2012      CHF      46.70
UBS AG                   12.000    6/29/2012      EUR      59.20
UBS AG                   12.750    6/25/2012      EUR      32.14
UBS AG                   12.610    6/25/2012      EUR      32.10
UBS AG                   12.510    6/25/2012      EUR      65.66
UBS AG                   12.450    6/25/2012      EUR      65.64
UBS AG                   12.410    6/25/2012      EUR      32.08
UBS AG                   12.370    6/25/2012      EUR      65.64
UBS AG                   12.270    6/25/2012      EUR      65.62
UBS AG                   12.170    6/25/2012      EUR      32.04
UBS AG                   12.140    6/25/2012      EUR      65.62
UBS AG                   11.990    6/25/2012      EUR      65.60
UBS AG                   11.860    6/25/2012      EUR      32.02
UBS AG                   11.810    6/25/2012      EUR      65.58
UBS AG                   11.600    6/25/2012      EUR      65.56
UBS AG                   11.480    6/25/2012      EUR      31.96
UBS AG                   11.380    6/25/2012      EUR      63.46
UBS AG                   11.360    6/25/2012      EUR      65.52
UBS AG                   11.180    6/25/2012      EUR      63.44
UBS AG                   11.080    6/25/2012      EUR      65.48
UBS AG                   11.030    6/25/2012      EUR      31.92
UBS AG                   10.920    6/25/2012      EUR      63.40
UBS AG                   10.770    6/25/2012      EUR      65.44
UBS AG                   10.650    6/25/2012      EUR      74.04
UBS AG                   10.590    6/25/2012      EUR      63.36
UBS AG                   10.510    6/25/2012      EUR      74.02
UBS AG                   10.500    6/25/2012      EUR      31.84
UBS AG                   10.420    6/25/2012      EUR      65.40
UBS AG                   10.330    6/25/2012      EUR      74.00
UBS AG                   10.190    6/25/2012      EUR      63.32
UBS AG                   10.120    6/25/2012      EUR      73.98
UBS AG                   10.040    6/25/2012      EUR      65.36
UBS AG                    9.920    6/25/2012      EUR      30.70
UBS AG                    9.900    6/25/2012      EUR      31.78
UBS AG                    9.890    6/25/2012      EUR      64.52
UBS AG                    9.860    6/25/2012      EUR      73.94
UBS AG                    9.710    6/25/2012      EUR      30.68
UBS AG                    9.700    6/25/2012      EUR      63.26
UBS AG                    9.610    6/25/2012      EUR      72.68
UBS AG                    9.550    6/25/2012      EUR      73.90
UBS AG                    9.430    6/25/2012      EUR      30.64
UBS AG                    9.390    6/25/2012      EUR      64.48
UBS AG                    9.330    6/25/2012      EUR      65.40
UBS AG                    9.310    6/25/2012      EUR      72.64
UBS AG                    9.220    6/25/2012      EUR      31.70
UBS AG                    9.200    6/25/2012      EUR      73.86
UBS AG                    9.130    6/25/2012      EUR      63.18
UBS AG                    9.090    6/25/2012      EUR      30.60
UBS AG                    9.080    6/25/2012      EUR      65.38
UBS AG                    9.080    6/25/2012      EUR      64.44
UBS AG                    8.950    6/25/2012      EUR      72.60
UBS AG                    9.660    6/25/2012      EUR      64.52
UBS AG                    8.810    6/25/2012      EUR      73.80
UBS AG                    8.720    6/25/2012      EUR      64.40
UBS AG                    8.720    6/25/2012      EUR      65.34
UBS AG                    8.690    6/25/2012      EUR      30.56
UBS AG                    8.540    6/25/2012      EUR      72.56
UBS AG                    8.510    6/25/2012      EUR      65.30
UBS AG                    8.490    6/25/2012      EUR      31.60
UBS AG                    8.490    6/25/2012      EUR      63.12
UBS AG                    8.360    6/25/2012      EUR      73.74
UBS AG                    8.320    6/25/2012      EUR      64.34
UBS AG                    8.270    6/25/2012      EUR      65.28
UBS AG                    8.220    6/25/2012      EUR      30.50
UBS AG                    8.070    6/25/2012      EUR      72.48
UBS AG                    8.910    6/25/2012      EUR      65.36
UBS AG                    7.960    6/25/2012      EUR      30.46
UBS AG                    7.890    6/25/2012      EUR      64.30
UBS AG                    7.870    6/25/2012      EUR      72.42
UBS AG                    7.870    6/25/2012      EUR      73.70
UBS AG                    7.770    6/25/2012      EUR      63.04
UBS AG                    7.720    6/25/2012      EUR      65.20
UBS AG                    7.710    6/25/2012      EUR      31.52
UBS AG                    7.690    6/25/2012      EUR      30.44
UBS AG                    7.670    6/25/2012      EUR      72.40
UBS AG                    7.560    6/25/2012      EUR      72.42
UBS AG                    7.420    6/25/2012      EUR      64.22
UBS AG                    7.420    6/25/2012      EUR      72.38
UBS AG                    7.410    6/25/2012      EUR      30.40
UBS AG                    8.000    6/25/2012      EUR      65.24
UBS AG                    7.350    6/25/2012      EUR      73.64
UBS AG                    7.150    6/25/2012      EUR      72.34
UBS AG                    7.110    6/25/2012      EUR      30.36
UBS AG                    7.070    6/25/2012      EUR      73.84
UBS AG                    7.010    6/25/2012      EUR      72.36
UBS AG                   28.770    6/22/2012      EUR      64.36
UBS AG                   27.030    6/22/2012      EUR      60.18
UBS AG                   26.850    6/22/2012      EUR      66.64
UBS AG                   26.100    6/22/2012      EUR      61.58
UBS AG                   24.950    6/22/2012      EUR      69.12
UBS AG                   24.900    6/22/2012      EUR      60.28
UBS AG                   24.690    6/22/2012      EUR      66.98
UBS AG                   24.310    6/22/2012      EUR      62.64
UBS AG                    7.400    6/25/2012      EUR      68.74
UBS AG                   23.100    6/22/2012      EUR      61.60
UBS AG                   23.060    6/22/2012      EUR      71.84
UBS AG                   22.970    6/22/2012      EUR      63.98
UBS AG                   22.490    6/22/2012      EUR      70.26
UBS AG                   22.440    6/22/2012      EUR      65.02
UBS AG                   22.360    6/22/2012      EUR      68.96
UBS AG                   22.200    6/22/2012      EUR      60.84
UBS AG                   21.630    6/22/2012      EUR      65.40
UBS AG                   21.370    6/22/2012      EUR      65.72
UBS AG                   21.300    6/22/2012      EUR      63.02
UBS AG                   21.180    6/22/2012      EUR      74.78
UBS AG                   20.650    6/22/2012      EUR      66.94
UBS AG                   20.320    6/22/2012      EUR      66.90
UBS AG                   24.260    6/22/2012      EUR      63.24
UBS AG                   20.060    6/22/2012      EUR      71.12
UBS AG                   19.530    6/22/2012      EUR      64.52
UBS AG                   19.440    6/22/2012      EUR      72.94
UBS AG                   19.020    6/22/2012      EUR      68.48
UBS AG                   19.000    6/22/2012      EUR      67.76
UBS AG                   18.910    6/22/2012      EUR      69.00
UBS AG                   18.080    6/22/2012      EUR      64.62
UBS AG                   17.830    6/22/2012      EUR      73.48
UBS AG                   17.790    6/22/2012      EUR      66.14
UBS AG                   17.730    6/22/2012      EUR      70.18
UBS AG                   17.230    6/22/2012      EUR      71.26
UBS AG                   16.710    6/22/2012      EUR      69.98
UBS AG                   16.460    6/22/2012      EUR      71.96
UBS AG                   20.120    6/22/2012      EUR      62.66
UBS AG                   16.100    6/22/2012      EUR      67.86
UBS AG                   15.620    6/22/2012      EUR      73.70
UBS AG                   15.610    6/22/2012      EUR      71.18
UBS AG                   15.190    6/22/2012      EUR      73.84
UBS AG                   14.540    6/22/2012      EUR      72.44
UBS AG                   14.470    6/22/2012      EUR      69.72
UBS AG                   14.210    6/22/2012      EUR      69.14
UBS AG                   13.500    6/22/2012      EUR      73.74
UBS AG                   12.910    6/22/2012      EUR      71.72
UBS AG                   12.400    6/22/2012      EUR      71.72
UBS AG                   11.430    6/22/2012      EUR      73.86
UBS AG                   10.710    6/22/2012      EUR      74.54
UBS AG                    8.000    6/14/2012      CHF      74.05
UBS AG                   16.110    6/22/2012      EUR      66.78
UBS AG                   10.000     6/6/2012      CHF      72.95
UBS AG                   17.720     6/4/2012      EUR      41.04
UBS AG                   15.860     6/4/2012      EUR      65.74
UBS AG                   13.680     6/4/2012      EUR      71.48
UBS AG                   10.470     6/4/2012      EUR      48.50
UBS AG                    9.820     6/4/2012      EUR      72.86
UBS AG                   14.620     6/1/2012      EUR      73.24
UBS AG                   14.000    5/23/2012      USD       8.96
UBS AG                   13.700    5/23/2012      USD      13.94
UBS AG                   13.300    5/23/2012      USD       3.84
UBS AG                    9.000    5/18/2012      EUR      69.75
UBS AG                   15.150    5/11/2012      EUR      41.02
UBS AG                   13.150    5/11/2012      EUR      51.38
UBS AG                   15.000     6/6/2012      CHF      69.95
UBS AG                   11.240    5/11/2012      EUR      46.28
UBS AG                   10.940    5/11/2012      EUR      48.80
UBS AG                   10.750    5/11/2012      EUR      71.92
UBS AG                   10.060    5/11/2012      EUR      58.46
UBS AG                    9.880    5/11/2012      EUR      52.54
UBS AG                    9.170    5/11/2012      EUR      69.44
UBS AG                    9.170    5/11/2012      EUR      69.44
UBS AG                    9.110    5/11/2012      EUR      58.38
UBS AG                    6.870    5/11/2012      EUR      55.10
UBS AG                    6.600    5/11/2012      USD      54.75
UBS AG                    6.550    5/11/2012      EUR      64.96
UBS AG                    8.000     5/9/2012      CHF      69.85
UBS AG                   12.900    5/11/2012      EUR      47.94
UBS AG JERSEY             3.220    7/31/2012      EUR      31.11

UNITED KINGDOM
--------------
ALLIANC&LEIC BLD          5.875    8/14/2031      GBP      74.42
BAKKAVOR FIN 2            8.250    2/15/2018      GBP      82.63
BANK NADRA                8.000    6/22/2017      USD      55.34
BARCLAYS BK PLC          11.500    3/22/2013      EUR      49.24
BARCLAYS BK PLC          11.000   12/14/2012      EUR      50.10
BARCLAYS BK PLC          10.930   12/14/2012      EUR      68.65
BARCLAYS BK PLC          10.500   12/14/2012      EUR      59.15
BARCLAYS BK PLC           9.500   12/14/2012      EUR      64.87
BARCLAYS BK PLC           8.750   12/14/2012      EUR      53.98
BARCLAYS BK PLC           8.000   12/14/2012      EUR      64.50
BARCLAYS BK PLC           8.000   12/14/2012      EUR      72.61
BARCLAYS BK PLC           9.000   10/16/2012      USD      10.60
BARCLAYS BK PLC           8.500   10/16/2012      USD      10.83
BARCLAYS BK PLC          14.000    10/1/2012      USD      10.35
BARCLAYS BK PLC           9.000    10/1/2012      USD      10.08
BARCLAYS BK PLC          13.500    9/28/2012      EUR      56.65
BARCLAYS BK PLC          13.000    9/28/2012      EUR      74.82
BARCLAYS BK PLC          15.000    6/22/2012      EUR      53.10
BARCLAYS BK PLC          12.500    9/28/2012      EUR      59.96
BARCLAYS BK PLC          11.750    9/28/2012      EUR      47.47
BARCLAYS BK PLC          10.500    9/28/2012      EUR      49.14
BARCLAYS BK PLC          10.500    9/28/2012      EUR      61.75
BARCLAYS BK PLC          10.000    9/28/2012      EUR      50.06
BARCLAYS BK PLC           9.500    9/28/2012      EUR      62.34
BARCLAYS BK PLC           8.500    9/28/2012      EUR      67.73
BARCLAYS BK PLC           8.000    9/28/2012      USD      10.62
BARCLAYS BK PLC           8.000    9/28/2012      EUR      51.58
BARCLAYS BK PLC           7.000    9/28/2012      EUR      55.80
BARCLAYS BK PLC           7.000    9/28/2012      EUR      69.29
BARCLAYS BK PLC           6.000    9/28/2012      EUR      58.54
BARCLAYS BK PLC           6.000    9/28/2012      EUR      73.14
BARCLAYS BK PLC          11.000    9/19/2012      EUR      74.57
BARCLAYS BK PLC          14.070    9/14/2012      EUR      66.13
BARCLAYS BK PLC          13.750    9/14/2012      EUR      60.56
BARCLAYS BK PLC          12.200    9/14/2012      EUR      66.68
BARCLAYS BK PLC          12.000    9/14/2012      EUR      47.15
BARCLAYS BK PLC          11.000    9/14/2012      EUR      56.88
BARCLAYS BK PLC          10.250    9/14/2012      EUR      62.48
BARCLAYS BK PLC           9.250    9/14/2012      EUR      51.58
BARCLAYS BK PLC           8.000    9/14/2012      EUR      72.16
BARCLAYS BK PLC           8.000    9/14/2012      EUR      62.89
BARCLAYS BK PLC           8.000    9/11/2012      USD      10.63
BARCLAYS BK PLC           8.000    9/11/2012      USD      10.74
BARCLAYS BK PLC           9.000    8/28/2012      USD       9.53
BARCLAYS BK PLC          10.800    7/31/2012      USD      26.51
BARCLAYS BK PLC          11.500    7/27/2012      USD       8.49
BARCLAYS BK PLC           7.000    7/27/2012      USD      10.10
BARCLAYS BK PLC          10.000    7/20/2012      USD       6.68
BARCLAYS BK PLC           8.000    6/29/2012      USD       9.36
BARCLAYS BK PLC          16.750    6/22/2012      EUR      58.10
BARCLAYS BK PLC           8.000    6/22/2012      EUR      66.38
BARCLAYS BK PLC          15.000    6/22/2012      EUR      71.24
BARCLAYS BK PLC          14.500    6/22/2012      EUR      40.94
BARCLAYS BK PLC          14.500    6/22/2012      EUR      56.15
BARCLAYS BK PLC          13.750    6/22/2012      EUR      49.27
BARCLAYS BK PLC          13.750    6/22/2012      EUR      56.63
BARCLAYS BK PLC          13.500    6/22/2012      EUR      72.52
BARCLAYS BK PLC          13.500    6/22/2012      EUR      68.31
BARCLAYS BK PLC          13.000    6/22/2012      EUR      62.55
BARCLAYS BK PLC          12.750    6/22/2012      EUR      44.38
BARCLAYS BK PLC          12.000    6/22/2012      EUR      72.21
BARCLAYS BK PLC          12.000    6/22/2012      EUR      63.67
BARCLAYS BK PLC          12.000    6/22/2012      EUR      52.17
BARCLAYS BK PLC          11.750    6/22/2012      EUR      51.25
BARCLAYS BK PLC          11.500    6/22/2012      EUR      58.61
BARCLAYS BK PLC          11.500    6/22/2012      EUR      45.98
BARCLAYS BK PLC          11.000    6/22/2012      EUR      47.65
BARCLAYS BK PLC          10.750    6/22/2012      EUR      64.88
BARCLAYS BK PLC          10.750    6/22/2012      EUR      47.44
BARCLAYS BK PLC          10.500    6/22/2012      EUR      48.32
BARCLAYS BK PLC          10.500    6/22/2012      EUR      55.80
BARCLAYS BK PLC          10.500    6/22/2012      EUR      54.57
BARCLAYS BK PLC          10.000    6/22/2012      EUR      74.88
BARCLAYS BK PLC          10.000    6/22/2012      EUR      60.17
BARCLAYS BK PLC           9.750    6/22/2012      EUR      51.35
BARCLAYS BK PLC           9.500    6/22/2012      EUR      68.11
BARCLAYS BK PLC           8.750    6/22/2012      EUR      69.30
BARCLAYS BK PLC           8.500    6/22/2012      EUR      59.01
BARCLAYS BK PLC           8.250    6/22/2012      EUR      59.76
BARCLAYS BK PLC           8.000    6/22/2012      EUR      69.60
BARCLAYS BK PLC           8.000    6/22/2012      EUR      49.63
BARCLAYS BK PLC           8.000    6/22/2012      EUR      56.53
BARCLAYS BK PLC           8.000    6/22/2012      EUR      56.89
BARCLAYS BK PLC           7.250    6/22/2012      EUR      54.00
BARCLAYS BK PLC           7.000    6/22/2012      EUR      54.17
BARCLAYS BK PLC           7.000    6/22/2012      EUR      67.87
BARCLAYS BK PLC           7.000    6/22/2012      EUR      62.63
BARCLAYS BK PLC           7.000    6/22/2012      EUR      74.00
BARCLAYS BK PLC           6.000    6/22/2012      EUR      60.79
BARCLAYS BK PLC           6.000    6/22/2012      EUR      65.02
BARCLAYS BK PLC           6.000    6/22/2012      EUR      56.79
BARCLAYS BK PLC           6.000    6/22/2012      EUR      71.84
BARCLAYS BK PLC           6.000    6/22/2012      EUR      61.73
BARCLAYS BK PLC          16.080     6/8/2012      EUR      63.42
BARCLAYS BK PLC          15.750     6/8/2012      EUR      57.30
BARCLAYS BK PLC          14.220     6/8/2012      EUR      63.73
BARCLAYS BK PLC          13.000     6/8/2012      EUR      44.09
BARCLAYS BK PLC          12.500     6/8/2012      EUR      53.59
BARCLAYS BK PLC          12.000     6/8/2012      EUR      59.59
BARCLAYS BK PLC          11.750     6/8/2012      EUR      44.55
BARCLAYS BK PLC          11.090     6/8/2012      EUR      56.92
BARCLAYS BK PLC          11.000     6/8/2012      EUR      74.42
BARCLAYS BK PLC          11.000     6/8/2012      EUR      72.18
BARCLAYS BK PLC          11.000     6/8/2012      EUR      59.84
BARCLAYS BK PLC          11.000     6/8/2012      EUR      64.55
BARCLAYS BK PLC          11.000     6/8/2012      EUR      58.61
BARCLAYS BK PLC          10.780     6/8/2012      EUR      67.78
BARCLAYS BK PLC          10.520     6/8/2012      EUR      59.14
BARCLAYS BK PLC          10.500     6/8/2012      EUR      51.24
BARCLAYS BK PLC          10.250     6/8/2012      EUR      56.99
BARCLAYS BK PLC           9.750     6/8/2012      EUR      48.92
BARCLAYS BK PLC           9.750     6/8/2012      EUR      71.23
BARCLAYS BK PLC           9.500     6/8/2012      EUR      66.75
BARCLAYS BK PLC           9.250     6/8/2012      EUR      66.64
BARCLAYS BK PLC           9.000     6/8/2012      EUR      74.74
BARCLAYS BK PLC           8.500     6/8/2012      EUR      48.32
BARCLAYS BK PLC           8.250     6/8/2012      EUR      65.32
BARCLAYS BK PLC           8.250     6/8/2012      EUR      50.63
BARCLAYS BK PLC           8.000     6/8/2012      EUR      58.77
BARCLAYS BK PLC           8.000     6/8/2012      EUR      61.59
BARCLAYS BK PLC           8.000     6/8/2012      EUR      69.83
BARCLAYS BK PLC           8.000     6/8/2012      EUR      54.96
BARCLAYS BK PLC           8.000     6/8/2012      EUR      72.23
BARCLAYS BK PLC           7.000     6/8/2012      EUR      74.92
BARCLAYS BK PLC           7.000     6/8/2012      EUR      63.63
BARCLAYS BK PLC           7.000     6/8/2012      EUR      64.82
BARCLAYS BK PLC           6.000     6/8/2012      EUR      62.97
BARCLAYS BK PLC           5.000     6/8/2012      EUR      70.04
BARCLAYS BK PLC           5.000     6/8/2012      EUR      69.14
BARCLAYS BK PLC           0.500    9/24/2019      AUD      64.66
BARCLAYS BK PLC           0.500    12/3/2017      AUD      72.98
BARCLAYS BK PLC          11.500    6/28/2013      EUR      51.30
BARCLAYS BK PLC          11.000    6/28/2013      EUR      53.06
BARCLAYS BK PLC          10.000    6/28/2013      EUR      54.62
BARCLAYS BK PLC           8.000    6/28/2013      EUR      56.30
BARCLAYS BK PLC          13.000    9/28/2012      EUR      44.30
BARCLAYS BK PLC          10.750    3/22/2013      EUR      51.66
BARCLAYS BK PLC          10.000    3/22/2013      EUR      52.71
BARCLAYS BK PLC           8.000    3/22/2013      EUR      54.46
BARCLAYS BK PLC          12.500     1/2/2013      EUR      59.27
BARCLAYS BK PLC          12.000     1/2/2013      EUR      47.25
BARCLAYS BK PLC          11.500     1/2/2013      EUR      62.89
BARCLAYS BK PLC          11.000     1/2/2013      EUR      50.00
BARCLAYS BK PLC          10.000     1/2/2013      EUR      63.81
BARCLAYS BK PLC          10.000     1/2/2013      EUR      51.39
BARCLAYS BK PLC           9.500     1/2/2013      EUR      51.90
BARCLAYS BK PLC           8.750     1/2/2013      EUR      64.77
BARCLAYS BK PLC           8.500     1/2/2013      EUR      68.59
BARCLAYS BK PLC           8.000     1/2/2013      EUR      53.12
BARCLAYS BK PLC           7.000     1/2/2013      EUR      56.73
BARCLAYS BK PLC           7.000     1/2/2013      EUR      69.74
BARCLAYS BK PLC           6.000     1/2/2013      EUR      73.39
BARCLAYS BK PLC           6.000     1/2/2013      EUR      59.50
BARCLAYS BK PLC          12.730   12/14/2012      EUR      67.94
BARCLAYS BK PLC          12.500   12/14/2012      EUR      63.14
CO-OPERATIVE BNK          5.875    3/28/2033      GBP      71.80
CO-OPERATIVE BNK          5.750    12/2/2024      GBP      73.14
DUNFERMLINE BS            6.000    3/31/2015      GBP       0.75
EFG HELLAS PLC            6.010     1/9/2036      EUR      34.13
EFG HELLAS PLC            5.400    11/2/2047      EUR      37.13
EMPORIKI GRP FIN          5.000    12/2/2021      EUR      50.50
EMPORIKI GRP FIN          5.100    12/9/2021      EUR      50.88
EMPORIKI GRP FIN          5.000    2/24/2022      EUR      49.88
EMPORIKI GRP FIN          6.000    5/18/2022      EUR      54.50
ENTERPRISE INNS           6.875     5/9/2025      GBP      67.00
ENTERPRISE INNS           6.875    2/15/2021      GBP      72.59
ENTERPRISE INNS           6.375    9/26/2031      GBP      66.12
ESSAR ENERGY              4.250     2/1/2016      USD      65.19
F&C ASSET MNGMT           6.750   12/20/2026      GBP      65.04
GALA ELECTRIC CA         11.500     6/1/2019      GBP      69.85
GALA ELECTRIC CA         11.500     6/1/2019      GBP      70.16
GS INTERNATIONAL          9.750    5/22/2012      CHF      49.80
GS INTERNATIONAL         13.000    6/28/2012      CHF      56.60
GS INTERNATIONAL          8.250   12/17/2012      EUR      70.05
HBOS PLC                  6.305   10/18/2017      GBP      75.31
HBOS PLC                  5.374    6/30/2021      EUR      72.50
HBOS PLC                  4.500    3/18/2030      EUR      63.04
HBOS PLC                  4.375   10/30/2019      EUR      76.79
HSBC BANK PLC             0.500    9/28/2018      AUD      74.22
HSBC BANK PLC             0.500     4/3/2023      AUD      57.92
HSBC BANK PLC             0.500   12/29/2026      AUD      46.88
HSBC BANK PLC             0.500    12/8/2026      AUD      47.03
HSBC BANK PLC             0.500   11/16/2018      AUD      71.07
HSBC BANK PLC             0.500   11/22/2021      AUD      62.42
HSBC BANK PLC             0.500    12/2/2022      AUD      58.97
HSBC BANK PLC             0.500   12/29/2022      AUD      54.44
HSBC BANK PLC             0.500     2/2/2023      AUD      52.83
HSBC BANK PLC             0.500    2/24/2023      AUD      55.48
MARSTONS ISSUER           5.641    7/15/2035      GBP      73.96
MATALAN                   9.625    3/31/2017      GBP      73.06
MATALAN                   9.625    3/31/2017      GBP      73.38
MAX PETROLEUM             6.750     9/8/2013      USD      50.68
NOMURA BANK INTL          0.800   12/21/2020      EUR      67.57
OTE PLC                   4.625    5/20/2016      EUR      67.58
PRIVATBANK                5.799     2/9/2016      USD      71.99
PUNCH TAVERNS             5.883   10/15/2026      GBP      62.61
PUNCH TAVERNS             7.567    4/15/2026      GBP      53.26
PUNCH TAVERNS             8.374    7/15/2029      GBP      55.00
ROYAL BK SCOTLND          6.250   12/20/2012      EUR      52.95
SPIRIT ISSUER             5.472   12/28/2028      GBP      72.53
THOMAS COOK GR            6.750    6/22/2015      EUR      62.79
THOMAS COOK GR            7.750    6/22/2017      GBP      53.78
UNIQUE PUB FIN            6.464    3/30/2032      GBP      42.31
UNIQUE PUB FIN            5.659    6/30/2027      GBP      72.87


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than US$3 per
share in public markets.  At first glance, this list may look
like the definitive compilation of stocks that are ideal to sell
short.  Don't be fooled.  Assets, for example, reported at
historical cost net of depreciation may understate the true value
of a firm's assets.  A company may establish reserves on its
balance sheet for liabilities that may never materialize.  The
prices at which equity securities trade in public market are
determined by more than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Thursday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com

Each Friday's edition of the TCR includes a review about a book
of interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/booksto order any title today.


                            *********


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter-Europe is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.  Valerie U. Pascual, Marites O. Claro, Rousel Elaine T.
Fernandez, Joy A. Agravante, Ivy B. Magdadaro, Frauline S.
Abangan and Peter A. Chapman, Editors.

Copyright 2012.  All rights reserved.  ISSN 1529-2754.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.

Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.

The TCR Europe subscription rate is US$625 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for
members of the same firm for the term of the initial subscription
or balance thereof are US$25 each.  For subscription information,
contact Peter Chapman at 240/629-3300.


                 * * * End of Transmission * * *