TCREUR_Public/120514.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 14, 2012, Vol. 13, No. 95

                            Headlines



F I N L A N D

PRIMULA AB: On Verge of Bankruptcy Over Unpaid Rent


G E R M A N Y

MB HOLDING: Fitch Affirms Issuer Default Ratings at 'BB-'


I R E L A N D

EIRCOM GROUP: Survival Plan Finalized; Hutchison Bid Rejected


I T A L Y

CASSA DI RISPARMIO: S&P Cuts Counterparty Credit Rating to 'B'


P O L A N D

HYDROBUDOWA POLSKA: KSB Withdraws Bankruptcy Petition
PBG SA: S&P Lowers Corp. Credit Rating to 'B+'; On Watch Negative


R U S S I A

ESTAR GROUP: Default May Prompt Mechel to Take Over Steel Mills
TAGANROG AUTOMOBILE: Unveils Layoff Plan; 2,600 Jobs at Risk
* REPUBLIC OF SAKHA: S&P Assigns 'BB' Sr. Unsecured Debt Rating
* VOLOGDA OBLAST: S&P Cuts Long-Term Issuer Credit Rating to 'B'


S P A I N

AP-41: Declared Bankruptcy; Owes EUR500 Million
BANCO FINANCIERO: S&P Keeps BB- Counterparty Rating on Watch Neg.
BANKIA SA: Government Source Rules Out Liquidation


S W I T Z E R L A N D

PETROPLUS HOLDINGS: Owes US$250 Million to Sonatrach


T U R K E Y

CALIK HOLDING: S&P Assigns 'B-' Corporate Credit Ratings


U N I T E D   K I N G D O M

FARRINGDON MORTGAGES: S&P Cuts Rating on Class B2a Notes to 'B-'
PREMIER FOODS: S&P Withdraws 'B' Long-Term Corp. Credit Rating
SOUTHERN WATER: S&P Affirms 'BB-' Long-Term Corp. Credit Rating
TAYLOR WIMPEY: S&P Raises Long-Term Corp. Credit Rating to 'BB-'
VAUXHALL: To Hold Talks with Unions Over Plant's Future


X X X X X X X X

* Moody's Says EU Auto Suppliers' Sales Growth Outside Europe Up
* BOND PRICING: For the Week May 7 to May 11, 2012


                            *********


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F I N L A N D
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PRIMULA AB: On Verge of Bankruptcy Over Unpaid Rent
---------------------------------------------------
Kati Pohjanpalo at Bloomberg News reports that Oy Primula Ab may
be declared bankrupt by Espoo district court tomorrow.

According to Bloomberg, Kauppalehti said that Varma Mutual
Pension Insurance company is seeking Primula bankruptcy over
EUR2 million to EU2.5 million of unpaid rent.

Oy Primula Ab produces and distributes baked products and bread.
The company is based in Helsinki, Finland.  Primula bars,
restaurants include Kaarle XII, Vespa, Baker's in Helsinki.


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G E R M A N Y
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MB HOLDING: Fitch Affirms Issuer Default Ratings at 'BB-'
---------------------------------------------------------
Fitch Ratings has affirmed MB Holding Company LLC's and its
wholly owned subsidiary, MB Petroleum Services LLC's Long-term
foreign currency Issuer Default Ratings (IDR) at 'BB-' with
Stable Outlooks.  The agency has also affirmed the senior
unsecured debt rating assigned to the US$305 million notes issued
and outstanding by MB Finance Company LLC maturing in November
2015 at 'BB-'.

The affirmation follows publication of 2011 and Q112 financial
results.  Fitch has affirmed all ratings despite the relatively
poor 2011 financial results reported by the group's oil field
service subsidiary, MBPS.  MBPS's IDR and MBFC's senior unsecured
debt rating are aligned with the IDR of the parent company, MBHC.
Fitch views MBPS's standalone credit profile as distressed and
highly speculative grade, but the agency assesses the legal,
operational and strategic ties between the two entities as being
strong enough under the agency's Parent and Subsidiary Rating
Linkage Methodology to align the two ratings.

MBPS's 'BB-' IDR and MBFC's 'BB-' senior unsecured debt rating
are based on Fitch's belief that the parent company has the
ability to freely move cash between its other operating entities
to support the structural enhancement of its parental guarantee.
Other evidence of financial parental support from MBHC to MBPS
includes an equity injection of US$25.5 million in 2011, partly
used for repurchasing US$15 million of the MBFC Eurobond and new
oil rig procurement financing on behalf of MBPS conducted by MBHC
in 2012.

MBHC's financial performance in 2011 was strong, partly due to a
favorable commodity price environment, but also due operational
performance improvements in mining and oil production.  Group
revenue increased by 9.6% and EBITDA margins rose to 33% in 2011
compared to 25% in 2010 due to cost control in oil exploration
and production and copper mining.

MBPS's 2011 financial performance was less favorable. Revenue
growth in this segment was just 4% due to operational
difficulties in the Middle East and Europe that offset
improvements at MB Century.  Both EBITDA and EBITDA margins
contracted due in part to rising employment cash costs in Oman
and the demobilization of two rigs where contracts were not
renewed.  MBPS reported LTM net debt to EBITDA at 7x and LTM
EBITDA to interest cover at 1.3x as of Q112.  Fitch anticipates
MBPS will continue to rely on MBHC for financial support over the
next year to meet financial obligations in a timely manner.

Fitch calculates MBHC's FFO adjusted leverage in 2011 at around
1.7x, down from 2x in 2010 and FFO interest coverage at around 8x
down slightly from 9.4x in 2010.  The ratings and Stable Outlook
are predicated on MBHC's FFO adjusted leverage remaining below
2.5x and FFO interest coverage remaining above 5x.  MBHC reports
LTM net debt to EBITDA at 1.7x and LTM EBITDA to interest cover
at 6.9x as of Q112.

Fitch could take negative rating action if weak operational
performance at MBPS persists, combined with slowing financial
performance elsewhere within the group, perhaps because of lower
commodity prices.  Additionally, a lack in improvement in MBHC's
liquidity situation would also be negative for the ratings.
Rating upside is currently limited.

Fitch views MBHC's liquidity as weak. Cash plus available credit
lines of US$222.4 million are not enough to cover near-term debt
maturities of US$245 million as of Q112.  Access to financing via
local banks appears satisfactory and Fitch anticipates MBHC will
refinance upcoming maturities with local banks.  Fitch believes
that MBHC could also make additional cash available through a
reduction in capex or dividends, improving free cash flow that in
2011 was around negative USD45.4m.

The agency understands that the 2011 increase in cash dividend
payout is unlikely to remain at elevated levels in 2012, while
working capital may remain a drag on cash flows.  Net related
party receivables also increased by US$30.3 million in 2011,
reflecting cash outflow from the business.  Additionally, MBHC
invested US$44 million into listed assets and US$16 million in
its own bonds in 2011. Fitch excludes these investment account
balances from its liquidity analysis and notes that additional
non-core investment may also be credit negative.

MB Holding Company LLC (MB Holding) is a multinational
corporation with operations and subsidiaries spread across the
globe in the Middle East, Europe, North Africa, Asia, Asia-
Pacific, Australia and New Zealand. The company was first
established in 1982 as MB Trading. In a short span, MB Petroleum
Services, a subsidiary company within MB Holding, became one of
the fastest growing and largest oilfield services companies in
the Middle East with operations in over 20 countries.


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I R E L A N D
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EIRCOM GROUP: Survival Plan Finalized; Hutchison Bid Rejected
-------------------------------------------------------------
Joe Brennan at Bloomberg News reports that Michael McAteer of
Grant Thornton, Eircom Group's examiner, who's overseeing a
court-supervised restructuring of the company's EUR3.8 billion
(US$4.9 billion) debt, recommended a survival plan based on
proposals from its most senior lenders, after rejecting a bid
said to come from Hutchison Whampoa Ltd.

"As I have signed the implementation agreement, no other proposal
will be considered," Bloomberg quotes the examiner as saying said
in a statement on Friday.

Eircom said in a separate statement that Mr. McAteer had declined
an "indicative second offer" for the company, Bloomberg relates.
According to Bloomberg, two people with knowledge of the matter
said on Friday that Hong Kong-based billionaire Li Ka-shing's
Hutchison Whampoa Ltd. was behind the rejected bid.

Eircom filed for examinership, an Irish version of bankruptcy
protection, on March 30 as it seeks to restructure the debt
accumulated through five ownership changes in the past 13 years,
Bloomberg recounts.  Bloomberg notes that people familiar with
the matter said Mr. McAteer, who had been weighing a proposal by
first-lien lenders to take control of Eircom from the outset of
the examinerhip process, rejected two EUR2 billion offers from
Hutchison's Three Ireland unit for the company in the past two
weeks.

The people, as cited by Bloomberg, said that the second bid was
rejected on Thursday because it was too low and Three Ireland's
condition of due diligence would delay the examinership process.

Ciaran Hancock at The Irish Times reports that the examiner has
finalized a scheme of arrangement with the company's lenders that
he hopes will allow the company to exit examinership.

According to the Irish Times, the examiner has notified creditors
of his plans to call a meeting in Dublin on May 18 to outline the
proposals that he will then take to the Commercial Court for
approval.

The scheme of arrangement is expected to receive the necessary
support from creditors given that they had already agreed to its
terms in principle before the examinership process commenced on
March 29, the Irish Times notes.

                     Implementation Agreement

The so-called implementation agreement outlines the proposed debt
reorganization and changes in equity ownership to allow Eircom to
exit examinership, the Irish Times discloses.

They relate to Eircom, its mobile arm Meteor and ITI, a treasury
subsidiary, the Irish Times says.

The entire issued share capital of Eircom Ltd is to be
transferred to Bidco, an entity established on behalf of the
secured senior lenders, according to the Irish Times.

In effect, the first lien senior lenders are to have their EUR2.7
billion debts reduced by 15%, the Irish Times notes.

Second lien creditors will have their EUR350 million in
borrowings reduced by 90%, the Irish Times discloses.

Eircom's gross debts will be reduced from about EUR4 billion to
EUR2.35 billion, the Irish Times states.

The floating rate noteholders, who are owed about EUR350 million,
will not receive a dividend and will have their debt
"extinguished", the Irish Times says, citing the scheme document.

The payment-in-kind noteholders will also be wiped out, the Irish
Times notes.  They are owed about EUR670 million, the Irish Times
discloses.

The scheme document estimates Eircom's assets at EUR2.4 billion
and its liabilities at EUR4.1 billion, the Irish Times discloses.

It estimates there would be a deficit of EUR3.1 billion as
regards creditors in the event of a liquidation, the Irish Times
states.

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.


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I T A L Y
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CASSA DI RISPARMIO: S&P Cuts Counterparty Credit Rating to 'B'
--------------------------------------------------------------
Standard & Poor's Ratings Services lowered its long-term
counterparty credit rating on Italy-based Cassa di Risparmio
della Provincia di Teramo SpA (Tercas) to 'B' from 'BB-' and
maintained it on CreditWatch with negative implications, where it
was placed on March 30, 2012. "We also placed the 'B' short-term
counterparty credit rating on CreditWatch with negative
implications," S&P said.

"The lowering of our long-term rating on Tercas reflects our view
of greater corporate governance weaknesses at Tercas than we
previously incorporated into our ratings. Moreover, it reflects
our opinion that there are heightened uncertainties about Tercas'
future strategic direction. The rating action follows Tercas'
placement under extraordinary administration by the Bank of
Italy, including the replacement of its entire board of
directors, for reasons related to governance and internal control
issues, despite a change in management (including the CEO) in
February 2012. We believe that such an action may tarnish its
reputation and negatively affect its business stability, as
defined in our criteria. We have therefore lowered Tercas' stand-
alone credit profile (SACP) to 'b' from 'bb-', and consequently
our long-term rating on Tercas to 'B' from 'BB-'," S&P said.

"The CreditWatch continues to reflect our view that Tercas'
financial profile remains vulnerable to further deterioration,
particularly considering high and rising credit losses, which in
2011 increased more than what we had incorporated into our
ratings. It also reflects our view of higher uncertainties about
the plans to strengthen Tercas financial profile -- and
particularly about the execution of the recently announced EUR60
million capital increase. The CreditWatch also takes into account
our view of the potential implications for Tercas' funding if its
placement under administration hinders its reputation," S&P said.

"We aim to update or resolve the CreditWatch in the next three
months once we receive detailed information on the extraordinary
administrator's plans regarding Tercas' future capital strategy,
control of asset quality, and future profitability. Upon
resolution of the CreditWatch placement, all else being equal, we
could affirm or lower our ratings on Tercas by one or more
notches," S&P said.

"We could lower the ratings if we believed the announced capital
increase were unlikely to materialize. In the event the capital
increase takes place in line with the amount announced by Tercas,
we could still take a negative rating action if we thought that
our forecast risk-adjusted capital (RAC) ratio over the next 12-
18 months would be consistently below 5%, owing to weaker
retained earnings or higher credit losses than we currently
anticipate. This could result in a revision of our capital and
earnings assessment to 'weak' from 'moderate,'" S&P said.

"We could also lower the ratings on Tercas if its liquidity
position deteriorated, owing to pressures on deposits if its
reputation were to be tarnished, and if we thought that Tercas'
unencumbered assets -- which we currently view as offering a
limited buffer -- were not sufficient to withstand such
pressures," S&P said.

"Conversely, we could affirm our ratings on Tercas if, all else
being equal, we anticipated that the capital increase and the
other measures Tercas takes would support a 'moderate' capital
and earnings assessment, an 'adequate' funding and liquidity
position, and we saw stabilization in asset quality trends," S&P
said.

"We will also monitor the possibility that Tercas could become
part of a financially stronger banking group. This has been the
case for most of the recent restructurings of Italian banks with
significant local franchises and retail deposits. In that case,
we would update our CreditWatch to reflect potential financial
support and the positive implications for our ratings on Tercas,"
S&P said.


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P O L A N D
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HYDROBUDOWA POLSKA: KSB Withdraws Bankruptcy Petition
-----------------------------------------------------
Maciej Martewicz at Bloomberg News reports that Hydrobudowa
Polska SA said its creditor KSB Pompy i Armatura withdrew motion
for the bankruptcy of Hydrobudowa from a Polish court.

According to Bloomberg, the company said it reached an agreement
with KSB over the settlement of the debt.

Hydrobudowa said on Thursday that KSB filed for the company's
bankruptcy on April 26, Bloomberg notes.

As reported by the Troubled Company Reporter-Europe on May 11,
2012, Bloomberg News related that Hydrobudowa said in a
regulatory statement on Thursday that the company owes KSB
PLN1.24 million (US$380,000).  Puls Biznesu newspaper said KSB is
the fourth creditor to file for Hydrobudowa bankruptcy since
March 9, Bloomberg disclosed.  Krzysztof Woch, a spokesman for
the company, said on Thursday that the previous three were
withdrawn after the company paid back its liabilities, Bloomberg
noted.  Mr. Woch, as cited by Bloomberg, said Hydrobudowa and its
parent have taken up steps to improve the liquidity of the group,
including talks with banks on a bridge loan, which should be
completed in days, and a planned convertible bond issue.

Hydrobudowa Polska SA is a unit of Poland's third largest builder
PBG SA.


PBG SA: S&P Lowers Corp. Credit Rating to 'B+'; On Watch Negative
-----------------------------------------------------------------
Standard & Poor's Ratings Services lowered its 'BB-' long-term
corporate credit rating on Polish construction company PBG S.A.
to 'B+' from 'BB-'. The rating has been placed on CreditWatch
with negative implications.

"The downgrade and CreditWatch placement reflect our view of
heightened refinancing risk for PBG, which depends heavily on
short-term bilateral bank lines and faces the maturity of a
PLN375 million (about US$116 million) bond in September 2012. In
addition, PBG continues to generate negative free operating cash
flow (FOCF). This is mainly due to road construction projects
that consume a lot of PBG's working capital and, as we
understand, represent a significant drain on the group's cash
flows," S&P said.

"We believe that in 2012, PBG's FOCF generation is likely to
improve from the significantly negative FOCF of about PLN750
million in 2011, thanks to less-sizable outlays for working
capital. However, we expect FOCF to remain negative for 2012
under our base case, which will increase the company's reliance
on external funding," S&P said.

"We note that the group's credit metrics in 2011 were also
hampered by its acquisition of the Polish power equipment
manufacturer Rafako, due to late consolidation in 2011 (effective
November). PBG's credit metrics therefore reflected the full
impact of the group's debt, but only two months of earnings and
cash flows from Rafako. As a result, the ratios of adjusted FFO
to debt of about 10% and adjusted debt to EBTIDA of 4.4x in 2011
were relatively weak for the ratings. Nevertheless, according to
our base-case operating scenario for PBG, we anticipate the
ratios improving materially in 2012 due to less-significant
negative free cash flow and the full impact of Rafako. Pro forma
the Rafako acquisition the ratio of adjusted debt to EBITDA was
an estimated 3.5x in 2011," S&P said.

"We believe that PBG's financial flexibility remains constrained
by a relatively high proportion of short-term debt, consisting
mainly of short-term bilateral credit lines and negative FOCF in
2012. On the other hand, PBG has various and, what we consider to
be, credible options to manage its maturity profile, including
arranging new bilateral loans and disposing of noncore assets,"
S&P said.

"We understand that the company is in negotiations with a lender
group for bank funding of PLN200 million. The company is also in
discussions with strategic and financial investors about the
placement of a convertible bond of up to PLN1.2 billion that it
plans to issue. We understand that PBG's management has
implemented a cost savings program targeted at about 10% of
budgeted operating costs for 2012. We also expect the group to
execute its announced strategic repositioning toward the rapidly
expanding energy sector and other specialist segments, offering
more attractive margins, which should gradually strengthen its
cash flow profile," S&P said.

"The rating reflects our assessment of PBG's 'fair' business risk
profile and 'aggressive' financial risk profile, as defined in
our criteria. The rating is limited by PBG's exposure to project-
related execution risk in the construction industry, which is
cyclical and competitive. Further constraints are PBG's small
size, weak cash flows, and limited diversity, in particular its
concentration on its domestic market. On the other hand, the
rating is supported by PBG's leading position in the Polish
construction market, which we believe will benefit from a high
level of planned investment in infrastructure projects and public
facilities over the next few years; its solid and above-industry-
average operating margins; and sound capital structure for the
rating level," S&P said.

"The CreditWatch placement reflects our view of the short-term
refinancing risks that PBG is facing. We aim to resolve the
CreditWatch over the next three months, the key to which will be
PBG's refinancing of the PLN375 million bond maturing in
September 2012, renegotiation of financial covenants, and
continued access to bilateral lines," S&P said.

"We might consider a downgrade if we concluded that the company
would be unable to refinance the bond by the end of the second
quarter. Rating pressure could also arise if we believed the
company would generate significantly higher negative FOCF in 2012
than we currently forecast. Failure to renegotiate financial
covenants could also lead us to lower the rating," S&P said.

"If the company were to demonstrate a return to positive FOCF
generation and rebuild a liquidity cushion, we may revise the
outlook to stable," S&P said.


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R U S S I A
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ESTAR GROUP: Default May Prompt Mechel to Take Over Steel Mills
---------------------------------------------------------------
Ilya Khrennikov at Bloomberg News reports that OAO Mechel may end
up taking control of as many as nine steel mills if Estar Group
doesn't repay a US$945 million bank loan by the end of September.

According to Bloomberg, a regulatory filing on Friday said that
in 2009 and 2010, Mechel entered into a commercial agreement with
11 Estar steel mills which "were subjected to bankruptcy
procedures and other demands from their creditors".

In November, Estar restructured US$945 million of debt owed to
Mechel into a bank loan guaranteed by the mining company, the
filing showed, Bloomberg recounts.  Should Estar fail to repay
its loan by Sept. 30 and the bank forecloses on the collateral,
Mechel "will be entitled to enforce the pledge of shares in major
related metallurgical plants," the filing states, Bloomberg
notes.

Estar purchased second-tier steel and pipe mills in Russia and
started building mini-mills at home and abroad, Bloomberg
discloses.  The company, which borrowed extensively to fund
expansion, faced problems after the financial crisis broke in
2008 and its Russian mills filed for bankruptcy protection a year
later, Bloomberg relates.

Estar Group was formed in 2005 by Russian entrepreneur Vadim
Varshavsky and his partners.  Estar has seven small steel mills
in Russia.  It also owns steel mills in Egypt and the U.K., a
Swiss trading company as well as as one coal mine and a power
station in Russia.


TAGANROG AUTOMOBILE: Unveils Layoff Plan; 2,600 Jobs at Risk
------------------------------------------------------------
RBC Daily reports that Taganrog Automobile Plant intends to lay
off 2,600 employees.

The car plant filed for bankruptcy on April 6, 2012 seeking
relief from creditors, although its key creditor Sberbank had
agreed earlier to restructure a five-year loan, RBC Daily
recounts.

According to RBC Daily, experts pointed out that by announcing
the layoff plan, TagAz is seeking to draw public attention to the
plant and to pressure its creditors into making further
concessions.

TagAZ assembles house-branded vehicles, as well as several models
licensed by South Korea's Hyundai and China's BYD Auto.


* REPUBLIC OF SAKHA: S&P Assigns 'BB' Sr. Unsecured Debt Rating
---------------------------------------------------------------
Standard & Poor's Ratings Services assigned a recovery rating of
'3' to the Russian Republic of Sakha's planned five-year
amortizing RUB2.5 billion (about US$85 million) bond, which it
intends to place on May 17, 2012. "The recovery rating indicates
our expectation of meaningful (50%-70%) recovery for bondholders
in an event of payment default. At the same time, we assigned our
'BB' and 'ruAA' senior unsecured debt ratings to the proposed
bond, mirroring the issuer ratings on the republic," S&P said.

"The bond will have 20 quarterly step-down coupons and an
amortizing repayment schedule. In 2014, 10% of the bond is
scheduled for redemption, a further 30% is to be repaid in 2015,
30% in 2016, and the remaining 30% in 2017," S&P said.

"Our ratings on the Republic of Sakha reflect our view of the
republic's dependence on federal decisions regarding
intergovernmental relations, expenditure responsibilities, and
tax regimes. Moreover, the ratings are constrained by the high
concentration of Sakha's economy in natural resources extraction
and exposure to the volatility of world commodity markets, which
is exacerbated by dependence on a few large taxpayers. Sakha's
vast territory, remote location, and severe subarctic climate
require further development in transport and utility
infrastructure. Furthermore, fuel-operating and capital-spending
needs constrain the republic's creditworthiness," S&P said.

"The positive outlook reflects our view that Sakha's revenue
growth, backed by increasing tax and nontax revenues from natural
resources extraction and continuous federal support, might result
in a consistently sound budgetary performance. It also takes into
account our expectation that the republic's debt burden will
remain modest, and that Sakha's management will maintain its
prudent debt policies with debt service of about 3%-4% of
operating revenues," S&P said.


* VOLOGDA OBLAST: S&P Cuts Long-Term Issuer Credit Rating to 'B'
----------------------------------------------------------------
Standard & Poor's Rating Services lowered its long-term issuer
credit rating on Russia's Vologda Oblast to 'B' from 'B+'. The
outlook is stable.

"At the same time, we lowered the Russia national scale rating on
the oblast to 'ruA' from 'ruA+'. The issue ratings on the
oblast's debt were lowered to 'B/ruA' from 'B+/ruA+'. The
recovery rating remains at '3', indicating our assessment of
meaningful (50%-70%) recovery in the event of a default," S&P
said.

"The rating actions reflect the oblast's inability to implement
budget consolidation measures in 2011, which led to a budgetary
performance, debt, and liquidity position in line with our
downside scenario," S&P said.

"The ratings on Vologda Oblast are constrained by revenue
volatility stemming from its high concentration in the
steelmaking industry, low revenue and spending flexibility, and
weak budgetary performance, resulting in debt accumulation and
mounting debt service. The ratings are however supported by the
high likelihood of stronger federal support and Vologda Oblast's
modest contingent liabilities," S&P said.

"Vologda Oblast's economy is concentrated in ferrous metallurgy,
exposing the region to the volatility of steel markets. OAO
Severstal (BB/Stable/--; Russia national scale 'ruAA'), Russia's
second largest integrated steelmaker, dominates this cyclical
industry and contributes more than one-third of the oblast's
total revenues. Severstal's net losses during the financial
market and economic crisis dramatically undermined Vologda's
medium-term financials," S&P said.

"The oblast's fiscal flexibility is weak as it is highly
dependent on federal government, which controls its revenue
sources and spending mandates, including increases in public-
sector salaries, as was the case before the elections in 2011.
Despite federal support and some cost-containment measures, the
oblast's budgetary performance weakened substantially and it
reported material operating and after-capital-accounts deficits
in 2009-2011," S&P said.

"In April 2012, Vologda's newly appointed governor announced an
ambitious deficit-reduction program, which implies spending cuts
of at least RUB3.7 billion (about US$120 million) this year and a
conservative budget plan for 2013. The implementation of this
agenda could lead to a recovery of the oblast's financial
performance after a poor 2011. Our revised base-case scenario
factors in the new management's plan and we now assume an
operating surplus of 1%-2% of operating revenues and deficits
after capital accounts of 4% in 2012-2014 on average," S&P said.
This scenario is based on two assumptions, however:

  * The ability and willingness of Vologda's new management to
    stick to its announced cost-containment policies, both in
    terms of operating and capital spending; and

  * "Additional support from the federal budget through larger
    operating and capital grants, which would make up for a slow
    revenue recovery. This is because the federal government
    displayed its support of underperforming regions during the
    2009 downturn. We regard Vologda as one of the key targets
    for additional state support in 2012-2013 because it is one
    the most indebted and weakest performers across Russia's
    local and regional governments," S&P said.

"Due to weak financials, Vologda's tax-supported debt is likely
to peak to about 70% of consolidated operating revenues in 2012,
which we still consider moderate by international standards, yet
material in the Russian context. The oblast's debt will consist
of direct debt (at present, 70% of the total) and guarantees and
minor debt of its government-related entities (GREs). Budget
consolidation will likely cause Vologda's debt to decrease and
stabilize at about 60% of consolidated operating revenues," S&P
said.

"Given the oblast's modest involvement in the local economy, we
regard the size of its contingent liabilities, comprising GREs'
and local governments' payables, as low," S&P said.

"The stable outlook reflects our view that additional support
from the federal government and the oblast's new management's
cost-containment agenda for 2012 will counterbalance what we
believe will be an only modest recovery of Vologda's tax and
nontax revenues in the medium term. We anticipate that the
increased state support could stem from stronger grants and the
extension of budget loans. This would result in Vologda
delivering operating surpluses of 1%-2% and deficits after
capital accounts of about 4% of revenues on average in 2012-2014.
We also anticipate the oblast's debt stabilizing at about 60% of
consolidated operating revenues in the medium term," S&P said.

"Our downside scenario implies the absence of additional support
from the federal government and/or management's inability to
implement its cost-containment agenda in 2012. We believe this
would result in continually weak budgetary performance, mounting
debt, and -- without a material improvement of the debt profile
-- higher refinancing risks," S&P said.

"We could take a positive rating action if Vologda's budgetary
performance in 2012-2013 were structurally stronger than we
assume for our base case, leading to lower debt (less than 60% of
consolidated operating revenues) and improved liquidity. This
could be due to management's extraordinary austerity policies
compared with existing plans and/or stronger-than-expected
financial support from the federal government," S&P said.


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S P A I N
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AP-41: Declared Bankruptcy; Owes EUR500 Million
------------------------------------------------
Angeline Benoit at Bloomberg News, citing Cinco Dias, reports
that AP-41 toll road has declared itself bankrupt at the Albacete
court.

According to Bloomberg, the newspaper said that the toll road has
over EUR500 million (US$646 million) of debt.

AP-41 is the highway between Madrid and Toledo, which is managed
by companies including Grupo Isolux Corsan SA, Comsa SA, Azvi and
Banco Espiritu Santo SA.


BANCO FINANCIERO: S&P Keeps BB- Counterparty Rating on Watch Neg.
-----------------------------------------------------------------
Standard & Poor's Ratings Services said that its 'BBB-/A-3' long-
and short-term counterparty credit ratings on Spanish bank Bankia
S.A., and the 'BB-' long-term counterparty credit rating on its
parent holding company, Banco Financiero y de Ahorros S.A. (BFA),
remain on CreditWatch with negative implications, where they were
placed on April 30, 2012. "We also placed our 'B' short-term
counterparty credit rating on BFA on CreditWatch negative," S&P
said.

"The rating action reflects our view of the increased
uncertainties about Bankia and BFA's financial strength and their
future strategic direction. These uncertainties are illustrated
in part by the announced decision of Bankia and BFA's president,
Mr. Rodrigo Rato, to resign at a time when the merger that led to
the creation of Bankia from seven former savings banks is only in
its second year of existence. Mr. Jose Ignacio Goirigolzarri has
since replaced Mr. Rato. Moreover, BFA has announced it intends
to request a conversion into share capital of the preferred
shares held by the state through the Fondo de Restructuracion
Bancaria (FROB), which could result in the state owning a
controlling stake in BFA and, therefore, indirectly in Bankia. In
addition, according to a Bank of Spain communication on May 9,
2012, Bankia and BFA are working on a restructuring plan to
strengthen their capitalization and increase their provisioning
coverage, which goes beyond the plan that was presented to the
Bank of Spain at end-March 2012. We believe that the new plan may
need to include further financial support from the Kingdom of
Spain (BBB+/Negative/A-2)," S&P said.

"In the resolution of the CreditWatch we will incorporate the new
information into our assessment of Bankia's stand-alone credit
profile (SACP) and ratings, and consequently into our ratings on
BFA (which derive from those on Bankia). We currently believe
this information could negatively affect the SACP and ratings on
Bankia, and our ratings on BFA. Since we believe we could lower
our long-term rating on BFA by more than one notch, the short-
term rating on BFA could also be affected. As a result, we also
placed it on CreditWatch negative," S&P said.

"If Bankia and BFA receive further public resources from the
government of Spain to strengthen their capital or the state ends
up holding a controlling stake in the group if the request to
convert the FROB preferred shares is authorized, this could
affect our view of the nature and degree of government support we
incorporate into the ratings on Bankia (and, indirectly, into
those on BFA). The characteristics of any capital instrument
issued to implement the new plan would also be relevant to our
analysis," S&P said.

"In addition, the CreditWatch continues to reflect the
possible revision of our views of the economic risk and industry
risk factors affecting the Spanish banking system. This, in turn,
could affect our opinion of the specific rating factors that
support our current assessment of Bankia's SACP. These factors
include our view of Bankia's business position, capital and
earnings, risk position, and funding and liquidity," S&P said.


BANKIA SA: Government Source Rules Out Liquidation
--------------------------------------------------
Reuters reports that a government source said on Friday there is
nothing to indicate that Spanish lender Bankia, which was
effectively taken over by the state last week, will be broken up
and sold off.

Bankia, Spain's fourth biggest bank, is highly exposed to toxic
assets after a property market crash in 2007-2008, Reuters notes.
The government is expected to inject billions of euros into
cleaning it up, Reuters says.

As reported by the Troubled Company Reporter-Europe on May 11,
2012, BBC News related that the Spanish central bank confirmed
Bankia is to be partly nationalized.  Bankia, which holds EUR32
billion (GBP25.7 billion) in distressed property assets and whose
boss has resigned, will have a EUR4.47 billion loan by the
Spanish bailout fund converted into shares, BBC said.  The state
fund will emerge with a stake in the bank of 45%, BBC noted.

Bankia SA accepts deposits and offers commercial banking
services.  The Bank offers retail banking, business banking,
corporate finance, capital markets, and asset and private banking
management services.


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


PETROPLUS HOLDINGS: Owes US$250 Million to Sonatrach
----------------------------------------------------
Martin De Sa'Pinto at Reuters reports that Petroplus Holdings AG
owes Algerian state energy firm Sonatrach over US$250 million in
unpaid bills.

An Algerian energy sector official told Reuters that Sonatrach
has not received payment for several cargoes of crude it
delivered to the refiner.  The source did not specify what
action, if any, the Algerian firm planned to take to recover the
money, Reuters notes.

According to Reuters, a lawyer whose firm has been appointed as
liquidator for Petroplus entities in Switzerland declined to
comment on any unsettled bills with Sonatrach.

"We cannot give any answers concerning claims and whether they
will be accepted or not," Reuters quotes Karl Wuethrich from law
firm Wenger Plattner as saying.

Petroplus has been divesting assets since it became insolvent,
Reuters discloses.

Based in Zug, Switzerland, Petroplus Holdings AG is Europe's
largest independent oil refiner.


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


CALIK HOLDING: S&P Assigns 'B-' Corporate Credit Ratings
--------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B' long-term and
'B' short-term corporate credit ratings, and its 'trBBB-' long-
term and 'trA-3' short-term Turkey national scale ratings to
Turkey-based conglomerate Calik Holding A.S. "At the same time,
we placed all ratings on Calik on CreditWatch positive," S&P
said.

"We also assigned our 'B' issue rating to the new proposed $350
million unsecured notes due in 2017, to be issued by the parent
company of the group, Calik. The proposed unsecured notes have a
recovery rating of '4', indicating our expectation of average
(30%-50%) recovery prospects for the unsecured noteholders in an
event of default," S&P said.

"The CreditWatch placement reflects our understanding that Calik
is in advanced talks to divest its media activities, and that it
plans to use a sizable portion of the proceeds to reduce its
debt. Calik acquired the media business (Turkuvaz) in 2008 for an
enterprise value of US$1.1 billion. We understand that the
proceeds from the sale should at least match the enterprise
value, and that Turkuvaz's net debt was about US$600 million on
March 22, 2012," S&P said.

"Over the past few years, Calik has followed an aggressive
expansion strategy, through organic growth as well as
acquisitions. Although total industrial assets have almost
doubled to about US$3.8 billion in the past five years, related
total debt has grown almost fourfold to close to US$1.8 billion.
We understand that Calik's strategic objectives have shifted to
some extent, from top-line growth and asset accumulation to
improving cash generation with a view to reducing net debt," S&P
said.

"Our ratings reflect our perception of the high risks associated
with operating in Turkey and some of its neighboring countries,
where the majority of Calik's investments are located and the
bulk of its revenues generated," S&P said.

"We consider this to be partially offset by Calik's overall
satisfactory track record in developing its businesses over the
past few years, with sustained revenue growth -- both organic and
through acquisitions -- and margin improvement," S&P said.

"Looking ahead, our base-case credit scenario for 2012
incorporates our expectation of a mild recession in Europe in the
first half of the year. We believe that Turkey's economic
activity could be constrained by the outlook for modest
macroeconomic growth in Europe, because of its reliance on
foreign direct investments and exports," S&P said.

"The issue rating on the proposed US$350 million unsecured notes
due 2017, to be issued by Calik Holding, is 'B', in line with the
'B' corporate credit rating on Calik. The recovery rating on
these notes is '4', indicating our expectation of average (30%-
50%) recovery in the event of a payment default," S&P said.

"We understand that the proceeds of the notes will be used for
refinancing purposes only," S&P said.

"The recovery rating is supported by our view of Calik's
diversified portfolio, strong brand recognition, and synergies
and cross selling opportunities within the portfolio. The rating
is constrained by the sizable prior ranking debt, the notes'
unsecured nature (despite the guarantees provided by the
construction and energy divisions), as well as the relatively
substantial available debt baskets (for up to $675 million in
aggregate)," S&P said.

"The CreditWatch placement reflects the possibility that we could
raise the ratings, potentially by more than one notch, if the
valuation of the media business at the close of sale is
consistent with the US$1.1 billion that Calik paid to acquire the
business in 2008, and if it uses a sizable portion of the
proceeds for debt repayment. Such debt repayment would translate
into stronger credit metrics than those we currently factor into
the ratings," S&P said.

"In contrast, we could remove the ratings from CreditWatch and
affirm them if the sale of the media business is called off for
any reason, or if Calik does not commit to use the bulk of the
proceeds for debt reduction rather than new investments," S&P
said.

"We aim to resolve the CreditWatch placement by the end of June
after discussing the company's financial policy and deleveraging
path in detail with management," S&P said.


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


FARRINGDON MORTGAGES: S&P Cuts Rating on Class B2a Notes to 'B-'
----------------------------------------------------------------
Standard & Poor's Ratings Services took various credit rating
actions on Farringdon Mortgages No. 2 PLC.

Specifically, S&P:

- raised and removed from CreditWatch negative its ratings on
   the class M2a and B1a notes;

- lowered and removed from CreditWatch negative its rating on
   the class B2a notes; and

- affirmed and removed from CreditWatch negative its ratings on
   the class A2a and A2a DAC notes.

"Our analysis reflects our December 2011 U.K. residential
mortgage-backed securities (RMBS) criteria," S&P said.

"On Dec. 12, 2011, we placed on CreditWatch negative our ratings
on all classes of notes in Farringdon Mortgages No. 2, following
the implementation of our December 2011 U.K. RMBS criteria," S&P
said.

Total delinquencies have increased over the past year, to 32.05%
from 27.91%. The largest increase has been in 30-90 day arrears.

"Credit enhancement has increased for all rating levels due to
deleveraging of the pool, and the reserve fund topping up toward
its target level. The reserve fund was initially funded at 27% of
its target and is currently at 58%. The current weighted-average
margin on the loans is 3.28%. However, due to the high coupon on
the class A2a DAC notes (2.13%), the reserve fund is only
building up slowly. The transaction is currently paying down
sequentially and will continue to do so until the reserve fund is
fully funded," S&P said.

"Our updated credit adjustments give rise to lower weighted-
average foreclosure frequencies (WAFF) and higher weighted-
average loss severities (WALS) at each rating level. The combined
impact of this is an overall increase in the required credit
enhancement for all rating levels," S&P said.

"As there are only 360 loans remaining in the pool, we have
applied an additional sensitivity analysis to address the risk of
the better-performing loans prepaying, which would result in a
remaining pool of the worst-performing loans," S&P said.

"The class A2a and A2a DAC notes have sufficient levels of credit
enhancement to offset the increase in required credit coverage.
We have therefore affirmed and removed from CreditWatch negative
our ratings on these notes," S&P said.

"The class M2a and B1a notes pass our cash flow scenarios at
higher rating levels. We have therefore raised and removed from
CreditWatch negative our ratings on these notes," S&P said.

"The increase in credit enhancement for the class B2a notes is
insufficient to cover the increase in required credit coverage,
and we have therefore lowered and removed from CreditWatch
negative our rating on the class B2a notes," S&P said.

"Our credit stability analysis indicates that the maximum
projected deterioration that we would expect at each rating level
for time horizons of one year and three years under moderate
stress conditions, are in line with our credit stability
criteria," S&P said.

Farringdon Mortgages No.2 is a U.K. nonconforming RMBS
transaction originated by Rooftop Mortgages Ltd. Of the
borrowers, 70% are classified as "self-certified."

               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

Farringdon Mortgages No. 2 PLC
GBP200 Million Mortgage-Backed Floating-Rate Notes

Ratings Raised and Removed From CreditWatch Negative

M2a        AA (sf)          A+ (sf)/Watch Neg
B1a        BBB+ (sf)        BBB (sf)/Watch Neg

Rating Lowered and Removed From CreditWatch Negative

B2a        B- (sf)          BB (sf)/Watch Neg

Ratings Affirmed and Removed From CreditWatch Negative

A2a        AAA (sf)         AAA (sf)/Watch Neg
A2a DAC    AAA (sf)         AAA (sf)/Watch Neg


PREMIER FOODS: S&P Withdraws 'B' Long-Term Corp. Credit Rating
--------------------------------------------------------------
Standard & Poor's Ratings Services affirmed its 'B' long-term
corporate credit rating on U.K.-headquartered packaged food
producer Premier Foods PLC. "We then withdrew the rating at the
issuer's request. At the time of the withdrawal, the outlook
was negative," S&P said.

"At the time of the withdrawal, the rating on Premier Foods
reflected our assessment of its financial risk profile as 'highly
leveraged,' due to our anticipation of Standard & Poor's-adjusted
debt to EBITDA of substantially above 5x in 2012, excluding any
future disposals," S&P said.

"The rating also reflected our view of Premier Foods' business
risk profile as 'fair,' which we saw as constrained by the
company's exposure to volatile, commodity-based, raw material
prices; reduced pricing power in negotiations with retail
clients; and an underinvested brand portfolio. However, we
considered these risks to be partly mitigated by the company's
diverse brand portfolio, some well-established market positions
(particularly for bakery products), and its significant scale of
operations," S&P said.

"The negative outlook at the time of the withdrawal reflected our
view of medium-term risk related to the achievement of
significant disposal and deleveraging targets by year-end 2013.
These targets are stipulated conditions of Premier Foods' recent
bank refinancing, which it completed in March 2012," S&P said.


SOUTHERN WATER: S&P Affirms 'BB-' Long-Term Corp. Credit Rating
---------------------------------------------------------------
Standard & Poor's Ratings Services revised its outlook to
negative from stable on Southern Water (Greensands) Financing PLC
(Greensands)--the holding company that receives dividends from
the Southern Water Services Ltd. (SWS) securitization. "At the
same time, we affirmed our 'BB-' long-term corporate credit
rating on Greensands,"S&P said.

"In addition, we affirmed our 'BB-' issue rating on the 475
million senior secured debt issued by Greensands. The recovery
rating on this debt is unchanged at '4', indicating our
expectation of average (30%-50%) recovery in the event of a
payment default," S&P said.

"The outlook revision on Greensands follows that on the debt
issued by Southern Water Services (Finance) Ltd. (SWSF), the
finance subsidiary of operating company SWS. The latter action
reflects our view that SWS' weak cash flow coverage of debt might
not recover as we previously anticipated under our base-case
credit scenario," S&P said.

"The outlook revision on Greensands reflects our view that a
dividend lock-up at SWS is increasingly likely if SWS' cash flow
coverage of debt does not improve over the next 12-18 months. The
dividend cash flows from SWS are the only source of cash for
Greensands, and a dividend lock-up at SWS would mean that SWS
could no longer distribute cash to Greensands," S&P said.

"If we were to lower our ratings on the debt issued by SWSF, we
could revise our business risk profile on Greensands downward to
'weak' from 'fair.' SWS' underperformance could also lead to
weakening of Greensands' cash flow coverage ratio, which we
estimate at about 4x as of March 2012," S&P said.

"We believe that SWS' cash flow coverage of debt may not recover
to the extent and pace that we previously forecast in our base
case--at least 7% by financial year ended March 31, 2013--due in
large part to a challenging operating environment," S&P said.

"In our view, a dividend lock-up at SWS is increasingly likely if
SWS' cash flow coverage of debt does not improve over the next
12-18 months. A dividend lock-up would restrict cash flows from
SWS to Greensands. If we downgrade SWSF's debt, we could revise
downward Greensand's business risk profile as this would indicate
to us that a dividend lock-up was more likely to occur. A
downward revision of the business risk profile is likely to lead
us to lower the long-term corporate credit rating on Greensands.
We could also take negative rating action if Greensands fails to
maintain a three-year-average debt-to-cash flow ratio of less
than 5x," S&P said.

"We could revise the outlook to stable if SWS' cash flow coverage
of debt improves such that we revise our outlook on SWSF's debt
to stable and if Greensands maintains a three-year-average debt-
to-cash flow ratio of less than 5x," S&P said.


TAYLOR WIMPEY: S&P Raises Long-Term Corp. Credit Rating to 'BB-'
----------------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term corporate
credit rating on U.K. housebuilder Taylor Wimpey PLC to 'BB-'
from 'B+'. The outlook is stable.

"At the same time, we raised to 'BB-' from 'B+' our senior
unsecured debt rating on the outstanding GBP165 million senior
notes due in 2015 and issued by Taylor Wimpey. The recovery
rating on this instrument is unchanged at '3', indicating our
expectation of meaningful (50%-70%) recovery in the event of a
payment default," S&P said.

"The upgrade follows our assessment that Taylor Wimpey's capital
structure has strengthened significantly over the past 12 months.
We also factor into our assessment improvements in the company's
operating margins and a lower cost of debt, which support higher
funds from operations (FFO; cash flow before working capital
movements)," S&P said.

"In terms of cash flow generation, we believe that operating
margins should continue to improve in 2012, helped by slightly
lower land expenses and contained building costs, combined with
stable revenues. We forecast that FFO will increase to about
GBP150 million-GBP200 million in 2012-2013, due to higher
earnings and lower interest expenses. However, higher cash spent
on land acquisitions, work-in-progress, and pension contributions
may weigh negatively on free cash flow generation, which we
anticipate will be barely positive in 2012," S&P said.

"Medium-term visibility on U.K. house prices remains poor in the
difficult current economic environment, with a low level of
mortgage availability and lackluster consumer confidence.
However, we consider that Taylor Wimpey has strong market
positions in the U.K., with wide and well-balanced geographic
coverage. It has a large land bank (6.4 years of supply) that is
mostly concentrated (>60%) in the south of the U.K., where we
think demand is stronger than in the rest of the country," S&P
said.

"We believe that Taylor Wimpey's strategy of focusing on margins
versus volumes and on mid-priced family houses is well-adapted to
the current level of demand. We view positively the company's
growing order book (GBP1 billion as of April 2012, or 56% of 2011
sales), the relative balance between first-time and second-time
buyers, and the will to keep the share of higher-risk shared-
equity products below current levels (16% of sales in 2011).
Finally, we view positively Taylor Wimpey's ability to contain
labor costs and its only moderate exposure to rising raw
materials costs," S&P said.

"The issue rating on Taylor Wimpey's 10.375% unsecured notes due
2015 is 'BB-', the same level as the corporate credit rating. The
recovery rating on these notes is '3', reflecting our expectation
of meaningful (50%-70%) recovery in the event of a payment
default," S&P said.

"The stable outlook reflects our view that Taylor Wimpey's
operating performance should continue to improve thanks to the
solid order book for 2012 and low build costs. Although we think
free cash flow generation will likely decline in 2012-2013 due to
higher working capital needs, we believe the company should be
able to operate at a relatively stable level of debt because of
the discretionary and relatively short-term nature of its land
purchase commitments. Overall, we anticipate that Taylor Wimpey
should be able to maintain an interest coverage ratio of about
2.5x and a debt-to-capital ratio of between 30%-40% over the
medium term, commensurate with the current rating," S&P said.

"We could raise the rating if Taylor Wimpey is able to operate on
a sustainable basis at low debt leverage -- for example, at a
debt-to-capital ratio of below 30%. Rating upside would also be
dependent on the company managing its cash conversion adequately,
notably by financing its land payments and work-in-progress
conservatively. This could in our view be achieved by using
mainly equity rather than debt, for example. We consider a
sustainable interest coverage ratio of more than 3.5x to be
commensurate with a 'significant' financial profile and,
potentially, a higher rating," S&P said.

"Conversely, we could lower the rating if Taylor Wimpey
substantially releverages its capital structure. This could occur
if margins fall by more than 300 basis points and if the company
increases its debt-financed land payments, resulting in interest
coverage of less than 2.0x," S&P said.


VAUXHALL: To Hold Talks with Unions Over Plant's Future
-------------------------------------------------------
Matthew Sparkes at The Telegraph reports Vauxhall will hold key
talks with unions over the next two weeks which could seal the
future of its Ellesmere Port factory after months of uncertainty.

Fears were raised over the fate of the Ellesmere Port plant and
its thousands of workers when General Motors revealed that its
European arm lost GBP355 million last year due to weaker demand
for new cars amid the uncertainty of the eurozone crisis, the
Telegraph notes.

The plant was also affected by a lack of nearby suppliers and
currency fluctuations, as around 80% of vehicles manufactured
there were exported to Europe, the Telegraph discloses.

GM said it was committed to running the Cheshire plant until 2014
but workers were given no guarantees about its future past that
point, the Telegraph relates.  The site currently employs around
2,800 staff, 700 of which are contractors, the Telegraph
discloses.

But the company will hold key talks during the next two weeks
over working practices at the factory which will help to increase
efficiency and boost production, the Telegraph states.


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


* Moody's Says EU Auto Suppliers' Sales Growth Outside Europe Up
----------------------------------------------------------------
Sales growth outside Europe, primarily in North America and Asia
has increased first-quarter 2012 revenues for European automotive
parts suppliers says Moody's Investors Service in a Special
Comment published on May 10. Despite slowing European light
vehicle production, there has been mid to high single-digit
percentage revenues growth compared with the same period in 2011.

The new report is entitled "First-Quarter Results Suggest
European Auto Parts Suppliers Will Manage a Difficult 2012.

"Expansion outside Europe, particularly in North America and
Asia, has been the main mitigating factor and has helped all
rated suppliers to a fairly similar degree," says Rainer Neidnig,
a Vice President -- Senior Analyst in Moody's Corporate Finance
Group and co-author of the report. "Because of this, we are now
more confident that Europe-based suppliers will be able to offset
the downturn in their domestic markets, although we still expect
European light vehicle production to decline 6% on the year in
2012."

Moody's notes that European auto parts suppliers, particularly
France's Valeo S.A. (Baa3/P-3 stable) and Faurecia SA (Ba3
positive), have also successfully diversified their customer
bases within Europe by establishing closer ties with stronger-
performing German automakers. In parallel, their relative
exposure to currently weaker-performing Southern European
automakers has reduced.

All rated auto parts suppliers are also benefitting considerably
from the latest developments in the auto industry, including
increased focus on low-carbon vehicles, higher car safety
requirements or LED lighting technology. In addition, European
auto parts suppliers are benefiting from auto manufacturers'
increasing preference for using global rather than smaller
suppliers.

Moody's expects European auto parts suppliers to remain in their
current rating categories despite ongoing challenging market
conditions in Europe.


* BOND PRICING: For the Week May 7 to May 11, 2012
--------------------------------------------------

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

AUSTRIA
-------
A-TEC INDUSTRIES         8.750  10/27/2014      EUR    30.75
A-TEC INDUSTRIES         2.750   5/10/2014      EUR    30.88
A-TEC INDUSTRIES         5.750   11/2/2010      EUR    30.88
BA CREDITANSTALT         5.470   8/28/2013      EUR    70.75
HAA-BANK INTL AG         5.270    4/7/2028      EUR    71.22
IMMOFINANZ               4.250    3/8/2018      EUR     3.81
KOMMUNALKREDIT           4.440  12/20/2030      EUR    64.00
KOMMUNALKREDIT           4.900   6/23/2031      EUR    68.00
OESTER VOLKSBK           4.170   7/29/2015      EUR    67.13
OESTER VOLKSBK           5.270    2/8/2027      EUR    65.79
OESTER VOLKSBK           4.160   5/20/2025      EUR    71.48
OESTER VOLKSBK           4.810   7/29/2025      EUR    59.63
RAIFF CENTROBANK         5.208   7/25/2012      EUR    73.32
RAIFF CENTROBANK         5.208   7/25/2012      EUR    67.91
RAIFF CENTROBANK         7.161   7/25/2012      EUR    68.10
RAIFF CENTROBANK         7.812   7/25/2012      EUR    55.99
RAIFF CENTROBANK         7.812   7/25/2012      EUR    69.17
RAIFF CENTROBANK         8.463   7/25/2012      EUR    69.04
RAIFF CENTROBANK         9.114   7/25/2012      EUR    49.25
RAIFF CENTROBANK        10.090   7/25/2012      EUR    63.82
RAIFF CENTROBANK        10.090   7/25/2012      EUR    64.38
RAIFF CENTROBANK        11.718   7/25/2012      EUR    60.08
RAIFF CENTROBANK        11.718   7/25/2012      EUR    25.27
RAIFF CENTROBANK         7.646   1/23/2013      EUR    65.90
RAIFF CENTROBANK         8.283   1/23/2013      EUR    74.70
RAIFF CENTROBANK         9.558   1/23/2013      EUR    68.15
RAIFF CENTROBANK         7.965   1/23/2013      EUR    67.74
RAIFF CENTROBANK        10.416   7/20/2012      EUR    50.06
RAIFF CENTROBANK         7.812   7/20/2012      EUR    60.00
RAIFF CENTROBANK         9.876   1/23/2013      EUR    53.31
RAIFF CENTROBANK        11.000   5/24/2012      EUR    68.71
RAIFF CENTROBANK        11.000   5/24/2012      EUR    67.75
RAIFF CENTROBANK         7.161   7/20/2012      EUR    68.16
RAIFF ZENTRALBK          4.500   9/28/2035      EUR    64.48

BELGIUM
-------
ECONOCOM GROUP           4.000    6/1/2016      EUR    21.71
IDEAL STANDARD I        11.750    5/1/2018      EUR    53.63
IDEAL STANDARD I        11.750    5/1/2018      EUR    53.17

CYPRUS
------
CYPRUS GOVT BOND         6.100   4/20/2020      EUR    66.13
CYPRUS GOVT BOND         4.625    2/3/2020      EUR    60.35
CYPRUS GOVT BOND         6.100   6/24/2019      EUR    66.50
CYPRUS GOVT BOND         4.500   9/28/2017      EUR    61.00
CYPRUS GOVT BOND         4.600   2/26/2019      EUR    60.25
CYPRUS GOVT BOND         5.350    6/9/2020      EUR    62.50
CYPRUS GOVT BOND         4.600   4/23/2018      EUR    60.75
CYPRUS GOVT BOND         4.600  10/23/2018      EUR    60.38
CYPRUS GOVT BOND         5.600   4/15/2017      EUR    68.01
CYPRUS GOVT BOND         5.100   1/29/2018      EUR    62.63
CYPRUS GOVT BOND         4.500    4/2/2017      EUR    62.00
CYPRUS GOVT BOND         6.500   8/25/2021      EUR    65.25
CYPRUS GOVT BOND         6.000    6/9/2021      EUR    64.13
CYPRUS GOVT BOND         6.000   4/20/2015      EUR    74.38
CYPRUS GOVT BOND         5.250    6/9/2015      EUR    71.63
CYPRUS GOVT BOND         4.750   9/30/2015      EUR    68.88
CYPRUS GOVT BOND         3.750   11/1/2015      EUR    64.47
CYPRUS GOVT BOND         4.750   12/2/2015      EUR    67.88
CYPRUS GOVT BOND         4.500    1/2/2016      EUR    66.88
CYPRUS GOVT BOND         4.500   3/30/2016      EUR    65.50
CYPRUS GOVT BOND         4.500    6/2/2016      EUR    64.63
CYPRUS GOVT BOND         5.000    6/9/2016      EUR    66.50
CYPRUS GOVT BOND         4.500   7/11/2016      EUR    64.38
CYPRUS GOVT BOND         4.500   10/9/2016      EUR    63.50
CYPRUS GOVT BOND         6.600  10/26/2016      EUR    69.63
CYPRUS GOVT BOND         4.500    1/4/2017      EUR    62.75
CYPRUS GOVT BOND         4.500   2/15/2017      EUR    62.38
MARFIN POPULAR           4.350  11/20/2014      EUR    55.75
REP OF CYPRUS            4.750   2/25/2016      EUR    62.35
REP OF CYPRUS            4.375   7/15/2014      EUR    77.08

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    71.93
KOMMUNEKREDIT            0.500   1/25/2017      ZAR    72.38
KOMMUNEKREDIT            0.500  12/14/2020      ZAR    52.51

FINLAND
-------
MUNI FINANCE PLC         0.500   2/16/2017      TRY    72.37
MUNI FINANCE PLC         0.500   12/6/2016      TRY    72.83
MUNI FINANCE PLC         0.500  12/21/2016      TRY    72.55
MUNI FINANCE PLC         0.500   3/16/2017      BRL    70.10
MUNI FINANCE PLC         0.500   2/17/2017      BRL    70.53
MUNI FINANCE PLC         0.500   4/26/2017      ZAR    71.49
MUNI FINANCE PLC         1.000   6/30/2017      ZAR    70.90
MUNI FINANCE PLC         0.500  11/30/2016      BRL    71.70
MUNI FINANCE PLC         0.500  11/17/2016      ZAR    73.94
MUNI FINANCE PLC         0.500  11/17/2016      BRL    71.90
MUNI FINANCE PLC         0.500  10/27/2016      TRY    73.20
MUNI FINANCE PLC         0.500  10/27/2016      BRL    71.76
MUNI FINANCE PLC         0.500  10/27/2016      ZAR    74.26
MUNI FINANCE PLC         0.500    6/1/2016      BRL    74.28
MUNI FINANCE PLC         0.500  11/16/2017      TRY    68.68
MUNI FINANCE PLC         0.500   4/27/2016      BRL    74.61
MUNI FINANCE PLC         0.500   4/26/2016      ZAR    75.48
MUNI FINANCE PLC         0.500   3/28/2018      BRL    64.35
MUNI FINANCE PLC         0.500   4/27/2018      ZAR    63.90
MUNI FINANCE PLC         0.500  11/21/2018      ZAR    63.28
MUNI FINANCE PLC         0.500  11/21/2018      TRY    64.79
MUNI FINANCE PLC         0.500  12/14/2018      TRY    64.57
MUNI FINANCE PLC         0.500  12/20/2018      ZAR    60.30
MUNI FINANCE PLC         0.500  11/25/2020      ZAR    54.18
MUNI FINANCE PLC         0.500  11/10/2021      NZD    65.24
MUNI FINANCE PLC         0.500  12/21/2021      NZD    64.94
MUNI FINANCE PLC         0.500   4/26/2022      ZAR    54.71
MUNI FINANCE PLC         0.500   3/17/2025      CAD    54.68
MUNI FINANCE PLC         0.250   6/28/2040      CAD    24.09

FRANCE
------
AIR FRANCE-KLM           4.970    4/1/2015      EUR    10.68
ALCATEL-LUCENT           5.000    1/1/2015      EUR     2.82
ALTRAN TECHNOLOG         6.720    1/1/2015      EUR     5.10
ASSYSTEM                 4.000    1/1/2017      EUR    22.92
ATOS ORIGIN SA           2.500    1/1/2016      EUR    55.38
CAISSE CENT IMMO         7.000   9/10/2015      EUR    13.60
CAISSE CENT IMMO         7.000   5/16/2014      EUR    35.05
CAISSE CENT IMMO         7.000   5/18/2015      EUR    10.73
CALYON                   6.000   6/18/2047      EUR    35.60
CAP GEMINI SOGET         3.500    1/1/2014      EUR    38.19
CGG VERITAS              1.750    1/1/2016      EUR    28.58
CLUB MEDITERRANE         5.000    6/8/2012      EUR    14.84
CLUB MEDITERRANE         6.110   11/1/2015      EUR    18.61
CMA CGM                  8.875   4/15/2019      EUR    65.00
CMA CGM                  8.875   4/15/2019      EUR    65.22
CMA CGM                  8.500   4/15/2017      USD    67.00
CMA CGM                  8.500   4/15/2017      USD    65.67
CNP ASSURANCES           6.000   9/14/2040      EUR    72.56
CNP ASSURANCES           6.875   9/30/2041      EUR    74.16
CRED AGRICOLE SA         4.000   9/30/2022      EUR    74.58
CREDIT LOCAL FRA         3.750   5/26/2020      EUR    49.42
DEXIA CRED LOCAL         4.500   2/25/2020      EUR    53.77
DEXIA CRED LOCAL         4.550    4/2/2020      EUR    53.59
DEXIA CRED LOCAL         5.037    8/4/2020      EUR    54.53
DEXIA CRED LOCAL         4.020   3/13/2017      EUR    66.80
DEXIA CRED LOCAL         4.110   9/18/2018      EUR    58.18
DEXIA CRED LOCAL         4.375   2/12/2019      EUR    53.35
DEXIA MUNI AGNCY         1.000  12/23/2024      EUR    70.07
EURAZEO                  6.250   6/10/2014      EUR    59.82
EUROPCAR GROUPE          9.375   4/15/2018      EUR    71.38
EUROPCAR GROUPE          9.375   4/15/2018      EUR    71.24
EXANE FINANCE           18.150   5/17/2012      CHF    42.65
FAURECIA                 4.500    1/1/2015      EUR    20.91
GROUPAMA SA              7.875  10/27/2039      EUR    56.18
GROUPE VIAL              2.500    1/1/2014      EUR     2.27
INGENICO                 2.750    1/1/2017      EUR    46.32
MAUREL ET PROM           7.125   7/31/2015      EUR    16.44
MAUREL ET PROM           7.125   7/31/2014      EUR    18.04
NEXANS SA                2.500    1/1/2019      EUR    64.02
NEXANS SA                4.000    1/1/2016      EUR    54.79
NOVASEP HLDG             9.750  12/15/2016      USD    49.50
NOVASEP HLDG             9.625  12/15/2016      EUR    49.38
NOVASEP HLDG             9.750  12/15/2016      USD    49.50
NOVASEP HLDG             9.625  12/15/2016      EUR    49.38
ORPEA                    3.875    1/1/2016      EUR    44.20
PEUGEOT SA               4.450    1/1/2016      EUR    24.40
PIERRE VACANCES          4.000   10/1/2015      EUR    73.66
PUBLICIS GROUPE          1.000   1/18/2018      EUR    51.41
PUBLICIS GROUPE          3.125   7/30/2014      EUR    37.63
SOC AIR FRANCE           2.750    4/1/2020      EUR    20.84
SOCIETE GENERALE         0.500   12/6/2021      AUD    50.20
SOCIETE GENERALE         0.500    9/7/2021      AUD    51.15
SOITEC                   6.250    9/9/2014      EUR     8.21
TEM                      4.250    1/1/2015      EUR    53.32

GERMANY
-------
BAYERISCHE LNDBK         5.800   7/13/2012      EUR    51.08
BAYERISCHE LNDBK         3.200   10/1/2012      EUR    30.84
BAYERISCHE LNDBK         5.100   6/29/2012      EUR    52.04
BAYERISCHE LNDBK         5.500   6/29/2012      EUR    55.13
BAYERISCHE LNDBK         6.100   6/15/2012      EUR    36.90
BHF-BANK AG             13.200    6/8/2012      EUR    44.22
BHF-BANK AG              7.250   6/15/2012      EUR    60.44
BHW BAUSPARKASSE         4.270   1/15/2019      EUR    74.63
BNP EMIS-U.HANDE         8.500  12/28/2012      EUR    67.61
BNP EMIS-U.HANDE         5.250   5/24/2012      EUR    58.92
BNP EMIS-U.HANDE         7.000   5/24/2012      EUR    41.41
BNP EMIS-U.HANDE         6.500   6/21/2012      EUR    72.50
BNP EMIS-U.HANDE         6.750   6/21/2012      EUR    61.23
BNP EMIS-U.HANDE         7.000   6/21/2012      EUR    64.80
BNP EMIS-U.HANDE         7.000   6/21/2012      EUR    73.59
BNP EMIS-U.HANDE         7.250   6/21/2012      EUR    64.24
BNP EMIS-U.HANDE         7.500   6/21/2012      EUR    57.12
BNP EMIS-U.HANDE         7.500   6/21/2012      EUR    70.73
BNP EMIS-U.HANDE         7.750   6/21/2012      EUR    69.92
BNP EMIS-U.HANDE         7.750   6/21/2012      EUR    53.60
BNP EMIS-U.HANDE         7.750   6/21/2012      EUR    71.57
BNP EMIS-U.HANDE         8.250   6/21/2012      EUR    59.64
BNP EMIS-U.HANDE         8.250   6/21/2012      EUR    69.74
BNP EMIS-U.HANDE         8.250   6/21/2012      EUR    65.04
BNP EMIS-U.HANDE         8.250   6/21/2012      EUR    71.41
BNP EMIS-U.HANDE         8.500   6/21/2012      EUR    67.19
BNP EMIS-U.HANDE         8.500   6/21/2012      EUR    65.00
BNP EMIS-U.HANDE         8.500   6/21/2012      EUR    69.44
BNP EMIS-U.HANDE         8.500   6/21/2012      EUR    64.32
BNP EMIS-U.HANDE         9.000   6/21/2012      EUR    65.00
BNP EMIS-U.HANDE         9.250   6/21/2012      EUR    69.83
BNP EMIS-U.HANDE         9.250   6/21/2012      EUR    50.90
BNP EMIS-U.HANDE         9.250   6/21/2012      EUR    41.42
BNP EMIS-U.HANDE         9.500   6/21/2012      EUR    72.36
BNP EMIS-U.HANDE         9.500   6/21/2012      EUR    53.16
BNP EMIS-U.HANDE        10.000   6/21/2012      EUR    56.26
BNP EMIS-U.HANDE        10.000   6/21/2012      EUR    73.96
BNP EMIS-U.HANDE        10.250   6/21/2012      EUR    49.75
BNP EMIS-U.HANDE        10.250   6/21/2012      EUR    58.10
BNP EMIS-U.HANDE        10.500   6/21/2012      EUR    42.56
BNP EMIS-U.HANDE        10.500   6/21/2012      EUR    67.59
BNP EMIS-U.HANDE        10.500   6/21/2012      EUR    46.39
BNP EMIS-U.HANDE        11.000   6/21/2012      EUR    58.90
BNP EMIS-U.HANDE        11.000   6/21/2012      EUR    35.75
BNP EMIS-U.HANDE        11.250   6/21/2012      EUR    73.69
BNP EMIS-U.HANDE        11.500   6/21/2012      EUR    46.49
BNP EMIS-U.HANDE        11.750   6/21/2012      EUR    35.61
BNP EMIS-U.HANDE        11.750   6/21/2012      EUR    65.54
BNP EMIS-U.HANDE        12.000   6/21/2012      EUR    70.48
BNP EMIS-U.HANDE        13.500   6/21/2012      EUR    44.03
BNP EMIS-U.HANDE        13.750   6/21/2012      EUR    45.71
BNP EMIS-U.HANDE        14.250   6/21/2012      EUR    36.79
BNP EMIS-U.HANDE        15.000   6/21/2012      EUR    57.19
BNP EMIS-U.HANDE        15.500   6/21/2012      EUR    19.21
BNP EMIS-U.HANDE        16.000   6/21/2012      EUR    17.33
BNP EMIS-U.HANDE        18.250   6/21/2012      EUR     7.45
BNP EMIS-U.HANDE        19.250   6/21/2012      EUR     9.83
BNP EMIS-U.HANDE         6.000   7/26/2012      EUR    40.08
BNP EMIS-U.HANDE         6.000   7/26/2012      EUR    60.50
BNP EMIS-U.HANDE         6.000   7/26/2012      EUR    73.00
BNP EMIS-U.HANDE         6.000   7/26/2012      EUR    38.14
BNP EMIS-U.HANDE         6.000   7/26/2012      EUR    41.21
BNP EMIS-U.HANDE         6.000   7/26/2012      EUR    72.91
BNP EMIS-U.HANDE         6.500   7/26/2012      EUR    50.44
BNP EMIS-U.HANDE         6.500   7/26/2012      EUR    72.06
BNP EMIS-U.HANDE         7.000   7/26/2012      EUR    28.14
BNP EMIS-U.HANDE         7.000   7/26/2012      EUR    51.90
BNP EMIS-U.HANDE         7.000   7/26/2012      EUR    60.83
BNP EMIS-U.HANDE         7.000   7/26/2012      EUR    23.50
BNP EMIS-U.HANDE         8.000   7/26/2012      EUR    74.80
BNP EMIS-U.HANDE         8.000   7/26/2012      EUR    70.90
BNP EMIS-U.HANDE         8.000   7/26/2012      EUR    68.18
BNP EMIS-U.HANDE         8.000   7/26/2012      EUR    47.02
BNP EMIS-U.HANDE         8.000   7/26/2012      EUR    74.36
BNP EMIS-U.HANDE         8.000   7/26/2012      EUR    37.34
BNP EMIS-U.HANDE         8.500   7/26/2012      EUR    67.88
BNP EMIS-U.HANDE         9.000   7/26/2012      EUR    46.97
BNP EMIS-U.HANDE         9.000   7/26/2012      EUR    65.62
BNP EMIS-U.HANDE         9.000   7/26/2012      EUR    36.71
BNP EMIS-U.HANDE         9.000   7/26/2012      EUR    53.20
BNP EMIS-U.HANDE         9.000   7/26/2012      EUR    55.24
BNP EMIS-U.HANDE         9.000   7/26/2012      EUR    33.81
BNP EMIS-U.HANDE        10.000   7/26/2012      EUR    42.41
BNP EMIS-U.HANDE        10.000   7/26/2012      EUR    47.68
BNP EMIS-U.HANDE        10.000   7/26/2012      EUR    54.17
BNP EMIS-U.HANDE         9.750  12/28/2012      EUR    68.86
BNP EMIS-U.HANDE        10.500  12/28/2012      EUR    59.63
BNP EMIS-U.HANDE         7.750  12/31/2012      EUR    56.29
BNP EMIS-U.HANDE         9.500  12/31/2012      EUR    68.30
COMMERZBANK AG           6.000  12/27/2012      EUR    72.91
COMMERZBANK AG           8.500  12/17/2012      EUR    59.23
COMMERZBANK AG           9.000    6/4/2012      EUR    71.35
COMMERZBANK AG           8.400  12/30/2013      EUR    17.43
COMMERZBANK AG          12.000    7/6/2012      EUR    74.35
COMMERZBANK AG           8.500    8/3/2012      EUR    50.62
COMMERZBANK AG          25.000   6/22/2012      EUR    70.90
COMMERZBANK AG           9.000   10/1/2012      EUR    58.32
COMMERZBANK AG          11.500    7/6/2012      EUR     6.53
COMMERZBANK AG           9.000  10/29/2012      EUR     8.72
COMMERZBANK AG          10.000  10/29/2012      EUR    67.18
COMMERZBANK AG           8.000   11/5/2012      EUR    48.37
COMMERZBANK AG          10.000   11/5/2012      EUR    58.88
COMMERZBANK AG           7.700   9/28/2012      EUR    55.16
COMMERZBANK AG           8.500  10/29/2012      EUR    72.96
COMMERZBANK AG          14.000    8/5/2013      EUR    72.06
COMMERZBANK AG           8.000  12/27/2012      EUR    49.62
COMMERZBANK AG           8.000   6/22/2012      EUR    65.27
COMMERZBANK AG          19.500   6/22/2012      EUR    75.00
COMMERZBANK AG           8.250    7/6/2012      EUR    72.20
COMMERZBANK AG          11.500   6/22/2012      EUR    49.86
COMMERZBANK AG           8.750   6/21/2012      EUR    57.91
COMMERZBANK AG          16.000   6/22/2012      EUR    50.57
COMMERZBANK AG           8.000   6/22/2012      EUR    51.06
COMMERZBANK AG           8.250   10/1/2012      EUR    69.71
COMMERZBANK AG           5.000   3/30/2018      EUR    36.38
COMMERZBANK AG          11.500   11/5/2012      EUR    57.20
COMMERZBANK AG           7.000  12/27/2012      EUR    62.69
COMMERZBANK AG          10.500    7/6/2012      EUR    57.45
COMMERZBANK AG           8.000    6/4/2012      EUR    64.15
COMMERZBANK AG           9.000    8/3/2012      EUR    64.58
DEUTSCHE BANK AG         8.000   7/31/2012      EUR    65.30
DEUTSCHE BANK AG         8.000   7/31/2012      EUR    57.20
DEUTSCHE BANK AG         8.000   7/31/2012      EUR    61.30
DEUTSCHE BANK AG         8.000   7/31/2012      EUR    70.60
DEUTSCHE BANK AG         8.000   7/31/2012      EUR    66.50
DEUTSCHE BANK AG         7.000   7/31/2012      EUR    59.40
DEUTSCHE BANK AG         7.000   7/31/2012      EUR    69.00
DEUTSCHE BANK AG         7.000   7/31/2012      EUR    73.60
DEUTSCHE BANK AG         7.000   7/31/2012      EUR    64.40
DEUTSCHE BANK AG         7.000   7/31/2012      EUR    67.50
DEUTSCHE BANK AG        10.000   6/29/2012      EUR    52.40
DEUTSCHE BANK AG        10.000   6/29/2012      EUR    55.20
DEUTSCHE BANK AG        10.000   6/29/2012      EUR    61.70
DEUTSCHE BANK AG        10.000   6/29/2012      EUR    64.90
DEUTSCHE BANK AG        10.000   6/29/2012      EUR    72.70
DEUTSCHE BANK AG         8.000   6/29/2012      EUR    56.60
DEUTSCHE BANK AG         8.000   6/29/2012      EUR    67.30
DEUTSCHE BANK AG         8.000   6/29/2012      EUR    50.20
DEUTSCHE BANK AG         8.000   6/29/2012      EUR    55.80
DEUTSCHE BANK AG         7.000   5/31/2012      EUR    59.50
DEUTSCHE BANK AG         8.000   6/29/2012      EUR    64.30
DEUTSCHE BANK AG         7.000   5/31/2012      EUR    55.20
DEUTSCHE BANK AG         8.000   5/31/2012      EUR    70.40
DEUTSCHE BANK AG        10.000   5/31/2012      EUR    51.90
DEUTSCHE BANK AG        15.000   2/20/2013      EUR    70.70
DEUTSCHE BANK AG        15.000   2/20/2013      EUR    72.80
DEUTSCHE BANK AG        10.000   5/31/2012      EUR    74.80
DEUTSCHE BANK AG        10.000   5/31/2012      EUR    48.20
DEUTSCHE BANK AG        10.000   6/20/2012      EUR    74.10
DEUTSCHE BANK AG        14.000   6/20/2012      EUR    63.50
DEUTSCHE BANK AG         7.000   6/29/2012      EUR    60.00
DEUTSCHE BANK AG         7.000   6/29/2012      EUR    70.10
DEUTSCHE BANK AG         7.000   6/29/2012      EUR    66.90
DEUTSCHE BANK AG         7.000   6/29/2012      EUR    52.20
DEUTSCHE BANK AG         7.000   6/29/2012      EUR    59.50
DEUTSCHE BANK AG        10.000   5/31/2012      EUR    51.60
DEUTSCHE BANK AG         7.000   5/31/2012      EUR    74.30
DEUTSCHE BANK AG        15.000   2/20/2013      EUR    74.50
DEUTSCHE BANK AG        15.000  12/20/2012      EUR    73.40
DEUTSCHE BANK AG        12.000  12/20/2012      EUR    52.80
DEUTSCHE BANK AG         8.000  12/20/2012      EUR    69.00
DEUTSCHE BANK AG         8.000  12/20/2012      EUR    44.60
DEUTSCHE BANK AG        12.000  11/29/2012      EUR    73.60
DEUTSCHE BANK AG         9.000  11/29/2012      EUR    73.90
DEUTSCHE BANK AG         7.000   5/31/2012      EUR    52.80
DEUTSCHE BANK AG         8.000   5/31/2012      EUR    52.40
DEUTSCHE BANK AG        10.000   5/31/2012      EUR    65.10
DEUTSCHE BANK AG        12.000  10/31/2012      EUR    73.70
DEUTSCHE BANK AG         8.000    8/6/2012      EUR    65.80
DEUTSCHE BANK AG        13.000   7/31/2012      EUR    71.20
DEUTSCHE BANK AG        10.000   5/31/2012      EUR    67.00
DEUTSCHE BANK AG        13.000   7/31/2012      EUR    71.80
DEUTSCHE BANK AG        10.000   7/31/2012      EUR    64.40
DEUTSCHE BANK AG        10.000   7/31/2012      EUR    60.00
DEUTSCHE BANK AG        10.000   7/31/2012      EUR    54.80
DEUTSCHE BANK AG        10.000   7/31/2012      EUR    61.00
DEUTSCHE BANK AG        10.000   7/31/2012      EUR    68.60
DEUTSCHE BANK AG         9.000   7/31/2012      EUR    72.30
DEUTSCHE BANK AG         9.000   7/31/2012      EUR    74.60
DEUTSCHE BANK AG        10.000   6/29/2012      EUR    48.10
DEUTSCHE BANK AG         8.000   5/31/2012      EUR    50.60
DEUTSCHE BANK AG         8.000   5/31/2012      EUR    67.70
DEUTSCHE BANK AG         8.000   5/31/2012      EUR    55.50
DEUTSCHE BANK AG         7.000   5/31/2012      EUR    70.60
DRESDNER BANK AG         5.290   5/31/2021      EUR    73.00
DRESDNER BANK AG         6.180   2/28/2023      EUR    73.25
DRESDNER BANK AG         5.700   7/31/2023      EUR    68.88
DRESDNER BANK AG         7.350   6/13/2028      EUR    72.88
DZ BANK AG              10.500   6/22/2012      EUR    67.61
DZ BANK AG              10.500   6/22/2012      EUR    34.93
DZ BANK AG              10.000   6/22/2012      EUR    61.14
DZ BANK AG              10.000   6/22/2012      EUR    67.03
DZ BANK AG              10.000   6/22/2012      EUR    58.55
DZ BANK AG               9.750   6/22/2012      EUR    73.21
DZ BANK AG               9.750   6/22/2012      EUR    50.96
DZ BANK AG               9.750   6/22/2012      EUR    69.14
DZ BANK AG               9.750   6/22/2012      EUR    74.33
DZ BANK AG               9.750   6/22/2012      EUR    66.88
DZ BANK AG               9.000   6/22/2012      EUR    72.46
DZ BANK AG               9.000   6/22/2012      EUR    50.51
DZ BANK AG               9.000   6/22/2012      EUR    27.70
DZ BANK AG               8.750   6/22/2012      EUR    68.59
DZ BANK AG               8.750   6/22/2012      EUR    61.94
DZ BANK AG               8.500   6/22/2012      EUR    67.55
DZ BANK AG               8.500   6/22/2012      EUR    74.45
DZ BANK AG               8.250   6/22/2012      EUR    70.01
DZ BANK AG               8.250   6/22/2012      EUR    69.38
DZ BANK AG               8.000   6/22/2012      EUR    38.51
DZ BANK AG               7.750   6/22/2012      EUR    68.49
DZ BANK AG               7.500   6/22/2012      EUR    66.31
DZ BANK AG               7.250   6/22/2012      EUR    72.42
DZ BANK AG               7.250   6/22/2012      EUR    68.37
DZ BANK AG               7.000   6/22/2012      EUR    74.56
DZ BANK AG               6.750   6/22/2012      EUR    68.17
DZ BANK AG               6.250   6/22/2012      EUR    60.93
DZ BANK AG               6.250   6/22/2012      EUR    68.21
DZ BANK AG               5.500   6/22/2012      EUR    71.31
DZ BANK AG               5.500   6/22/2012      EUR    70.18
DZ BANK AG               4.000   6/20/2012      EUR    62.06
DZ BANK AG               8.000   6/11/2012      EUR    63.34
DZ BANK AG               5.250   6/22/2012      EUR    65.49
DZ BANK AG              11.250    6/8/2012      EUR    49.74
DZ BANK AG              10.750    6/8/2012      EUR    73.72
DZ BANK AG              10.500    6/8/2012      EUR    46.08
DZ BANK AG              12.250    6/8/2012      EUR    73.00
DZ BANK AG               9.750    6/8/2012      EUR    72.17
DZ BANK AG               9.750    6/8/2012      EUR    67.08
DZ BANK AG               9.500    6/8/2012      EUR    69.78
DZ BANK AG              10.000    6/8/2012      EUR    74.56
DZ BANK AG               9.000    6/8/2012      EUR    55.34
DZ BANK AG               8.750    6/8/2012      EUR    68.26
DZ BANK AG               8.250    6/8/2012      EUR    69.75
DZ BANK AG               9.250    6/8/2012      EUR    50.97
DZ BANK AG               8.000    6/8/2012      EUR    66.77
DZ BANK AG               7.750    6/8/2012      EUR    67.63
DZ BANK AG               7.500    6/8/2012      EUR    61.41
DZ BANK AG               8.000    6/8/2012      EUR    68.11
DZ BANK AG               6.000    6/8/2012      EUR    57.82
DZ BANK AG               5.000    6/8/2012      EUR    67.55
DZ BANK AG              16.000    6/7/2012      EUR    70.21
DZ BANK AG               8.000    6/7/2012      EUR    68.12
DZ BANK AG              18.000   5/25/2012      EUR    73.82
DZ BANK AG              17.000   5/25/2012      EUR    69.11
DZ BANK AG               6.750    6/8/2012      EUR    52.26
DZ BANK AG              15.500   1/11/2013      EUR    67.90
DZ BANK AG              19.500   9/14/2012      EUR    69.11
DZ BANK AG              11.000   9/28/2012      EUR    72.59
DZ BANK AG              14.750   9/28/2012      EUR    64.33
DZ BANK AG              14.250   1/11/2013      EUR    66.30
DZ BANK AG              22.000   9/28/2012      EUR    68.89
DZ BANK AG              14.000   1/11/2013      EUR    61.85
DZ BANK AG              12.000    1/2/2013      EUR    74.03
DZ BANK AG               5.900  10/12/2012      EUR    74.11
DZ BANK AG               9.250   5/11/2012      EUR    61.10
DZ BANK AG               7.000  10/12/2012      EUR    49.92
DZ BANK AG               8.000  10/12/2012      EUR    52.78
DZ BANK AG               9.500  10/12/2012      EUR    71.06
DZ BANK AG              11.000  10/12/2012      EUR    64.86
DZ BANK AG               4.500   10/5/2012      EUR    67.60
DZ BANK AG               5.700   10/5/2012      EUR    65.28
DZ BANK AG               8.300   10/5/2012      EUR    61.22
DZ BANK AG               5.000   6/22/2018      EUR    56.31
DZ BANK AG               5.270   6/24/2013      EUR    17.90
DZ BANK AG               5.000   6/24/2013      EUR    16.90
DZ BANK AG              17.000   4/26/2013      EUR    70.15
DZ BANK AG               6.000    1/2/2013      EUR    63.79
DZ BANK AG               5.000  12/21/2012      EUR    73.79
DZ BANK AG               3.850  12/21/2012      EUR    16.50
DZ BANK AG              11.500   4/26/2013      EUR    67.68
DZ BANK AG              11.250   3/22/2013      EUR    73.71
DZ BANK AG               5.410   3/22/2013      EUR    16.00
DZ BANK AG               5.000  12/14/2012      EUR    67.67
DZ BANK AG              15.000   2/22/2013      EUR    73.72
DZ BANK AG              14.000   2/22/2013      EUR    69.65
DZ BANK AG              15.500    2/8/2013      EUR    69.31
DZ BANK AG              12.500   1/25/2013      EUR    67.53
DZ BANK AG              10.000  11/23/2012      EUR    65.16
DZ BANK AG               5.000   3/22/2013      EUR    16.20
DZ BANK AG               5.000   3/22/2013      EUR    16.00
DZ BANK AG              13.750    3/8/2013      EUR    67.67
DZ BANK AG              15.000   2/22/2013      EUR    74.82
DZ BANK AG              10.500   9/14/2012      EUR    52.31
DZ BANK AG               7.000  10/12/2012      EUR    66.46
DZ BANK AG               9.800   7/27/2012      EUR    64.85
DZ BANK AG              10.000   7/27/2012      EUR    58.97
DZ BANK AG              10.500   7/27/2012      EUR    58.67
DZ BANK AG              10.750   7/27/2012      EUR    50.17
DZ BANK AG              11.250   7/27/2012      EUR    73.68
DZ BANK AG              11.250   7/27/2012      EUR    74.65
DZ BANK AG              11.250   7/27/2012      EUR    59.39
DZ BANK AG              11.500   7/27/2012      EUR    50.52
DZ BANK AG              11.750   7/27/2012      EUR    67.15
DZ BANK AG              12.000   7/27/2012      EUR    63.06
DZ BANK AG              12.250   7/27/2012      EUR    72.16
DZ BANK AG              12.500   7/27/2012      EUR    64.09
DZ BANK AG              12.750   7/27/2012      EUR    74.53
DZ BANK AG              14.750   7/27/2012      EUR    66.68
DZ BANK AG              15.000   7/27/2012      EUR    46.41
DZ BANK AG              15.250   7/27/2012      EUR    54.47
DZ BANK AG              12.700    8/3/2012      EUR    73.87
DZ BANK AG               5.000   8/10/2012      EUR    66.33
DZ BANK AG               9.500   8/10/2012      EUR    72.17
DZ BANK AG              21.250   8/10/2012      EUR    62.55
DZ BANK AG              10.750   8/24/2012      EUR    59.93
DZ BANK AG              16.500   8/24/2012      EUR    71.38
DZ BANK AG              18.000   8/24/2012      EUR    70.06
DZ BANK AG              21.000   8/24/2012      EUR    72.62
DZ BANK AG               5.000   9/14/2012      EUR    57.90
DZ BANK AG               5.850   9/14/2012      EUR    59.94
DZ BANK AG               6.000   9/14/2012      EUR    72.70
DZ BANK AG               6.000   9/14/2012      EUR    74.74
DZ BANK AG               6.250   9/14/2012      EUR    55.67
DZ BANK AG               7.250   9/14/2012      EUR    70.08
DZ BANK AG               7.500   9/14/2012      EUR    63.37
DZ BANK AG               8.000   9/14/2012      EUR    51.37
DZ BANK AG               8.250   9/14/2012      EUR    71.69
DZ BANK AG               8.500   9/14/2012      EUR    57.33
DZ BANK AG               9.500   9/14/2012      EUR    74.93
DZ BANK AG               9.500   9/14/2012      EUR    72.73
DZ BANK AG              10.000   9/14/2012      EUR    74.12
DZ BANK AG              10.000   9/14/2012      EUR    74.23
DZ BANK AG              11.750   6/22/2012      EUR    74.24
DZ BANK AG              11.750   6/22/2012      EUR    67.42
DZ BANK AG              11.250   6/22/2012      EUR    41.51
DZ BANK AG              11.000   6/22/2012      EUR    48.28
DZ BANK AG              11.000   6/22/2012      EUR    32.49
DZ BANK AG              10.750   6/22/2012      EUR    50.52
DZ BANK AG              10.750   6/22/2012      EUR    68.73
DZ BANK AG              11.750   6/22/2012      EUR    41.74
DZ BANK AG              16.000  10/26/2012      EUR    73.80
DZ BANK AG              11.750   6/22/2012      EUR    44.47
DZ BANK AG              12.000   6/22/2012      EUR    46.35
DZ BANK AG              12.500   6/22/2012      EUR    74.20
DZ BANK AG              13.000   6/22/2012      EUR    38.03
DZ BANK AG              13.750   6/22/2012      EUR    57.91
DZ BANK AG              13.750   6/22/2012      EUR    69.03
DZ BANK AG              16.000   6/22/2012      EUR     8.73
DZ BANK AG               7.000   7/11/2012      EUR    68.17
DZ BANK AG               7.000   7/11/2012      EUR    67.68
DZ BANK AG               5.000   7/13/2012      EUR    65.24
DZ BANK AG               6.000   7/13/2012      EUR    70.13
DZ BANK AG               6.200   7/13/2012      EUR    72.08
DZ BANK AG               6.750   7/13/2012      EUR    67.32
DZ BANK AG               7.000   7/13/2012      EUR    63.98
DZ BANK AG               7.250   7/13/2012      EUR    72.68
DZ BANK AG               7.250   7/13/2012      EUR    72.68
DZ BANK AG               7.250   7/13/2012      EUR    63.00
DZ BANK AG               7.500   7/13/2012      EUR    48.31
DZ BANK AG               8.250   7/13/2012      EUR    66.85
DZ BANK AG               8.500   7/13/2012      EUR    53.35
DZ BANK AG               8.500   7/13/2012      EUR    50.10
DZ BANK AG               9.250   7/13/2012      EUR    64.65
DZ BANK AG               9.500   7/13/2012      EUR    70.69
DZ BANK AG              10.250   7/13/2012      EUR    69.96
DZ BANK AG              12.500   7/13/2012      EUR    56.67
DZ BANK AG               6.000   7/27/2012      EUR    71.06
DZ BANK AG               6.500   7/27/2012      EUR    64.97
DZ BANK AG               7.500   7/27/2012      EUR    69.17
DZ BANK AG               8.000   7/27/2012      EUR    63.07
DZ BANK AG               8.000   7/27/2012      EUR    54.10
DZ BANK AG               9.000   7/27/2012      EUR    69.82
DZ BANK AG               9.250   7/27/2012      EUR    69.43
DZ BANK AG               9.250   7/27/2012      EUR    73.35
ESCADA AG                7.500    4/1/2012      EUR     8.60
EUROHYPO AG              3.830   9/21/2020      EUR    70.63
GOTHAER ALLG VER         5.527   9/29/2026      EUR    73.32
HECKLER & KOCH           9.500   5/15/2018      EUR    68.59
HECKLER & KOCH           9.500   5/15/2018      EUR    68.25
HSBC TRINKAUS           21.000   3/22/2013      EUR    74.17
HSBC TRINKAUS           22.500   6/28/2013      EUR    75.00
HSBC TRINKAUS           27.500   3/22/2013      EUR    64.89
HSBC TRINKAUS           26.000   6/28/2013      EUR    65.54
HSBC TRINKAUS           25.500   6/28/2013      EUR    74.34
HSBC TRINKAUS           12.000   6/22/2012      EUR    57.59
HSBC TRINKAUS           15.500   9/28/2012      EUR    71.61
HSBC TRINKAUS           20.000   9/28/2012      EUR    72.84
HSBC TRINKAUS           21.000   9/28/2012      EUR    74.61
HSBC TRINKAUS           25.000   9/28/2012      EUR    74.87
HSBC TRINKAUS           29.500   9/28/2012      EUR    73.30
HSBC TRINKAUS           13.000   3/22/2013      EUR    73.95
HSBC TRINKAUS           21.000   3/22/2013      EUR    72.21
HSBC TRINKAUS           18.500   3/22/2013      EUR    74.77
HSBC TRINKAUS           30.000   6/28/2013      EUR    65.60
HSBC TRINKAUS           22.000   3/22/2013      EUR    73.82
L-BANK FOERDERBK         0.500   5/10/2027      CAD    52.54
LANDBK HESSEN-TH         5.750   7/13/2012      EUR    74.80
LANDESBK BERLIN          5.500  12/23/2013      EUR    71.45
LANDESBK BERLIN          7.000   5/23/2012      EUR    73.77
LB BADEN-WUERTT          2.800   2/23/2037      JPY    55.98
LB BADEN-WUERTT          2.500   1/30/2034      EUR    71.66
LB BADEN-WUERTT          5.250  10/20/2015      EUR    26.04
LB BADEN-WUERTT         10.000   6/28/2013      EUR    72.18
LB BADEN-WUERTT          7.500   6/28/2013      EUR    73.56
LB BADEN-WUERTT          5.000   6/28/2013      EUR    72.74
LB BADEN-WUERTT         15.000   3/22/2013      EUR    74.36
LB BADEN-WUERTT         12.000   3/22/2013      EUR    74.20
LB BADEN-WUERTT         15.000   2/22/2013      EUR    67.02
LB BADEN-WUERTT         10.000   2/22/2013      EUR    74.82
LB BADEN-WUERTT         10.000   1/25/2013      EUR    63.26
LB BADEN-WUERTT         10.000   1/25/2013      EUR    66.86
LB BADEN-WUERTT         10.000   1/25/2013      EUR    69.60
LB BADEN-WUERTT         10.000   1/25/2013      EUR    67.16
LB BADEN-WUERTT         10.000   1/25/2013      EUR    27.68
LB BADEN-WUERTT         10.000   1/25/2013      EUR    71.83
LB BADEN-WUERTT          7.500   1/25/2013      EUR    69.29
LB BADEN-WUERTT          7.500   1/25/2013      EUR    74.51
LB BADEN-WUERTT          7.500   1/25/2013      EUR    28.49
LB BADEN-WUERTT          7.500   1/25/2013      EUR    70.70
LB BADEN-WUERTT          7.500   1/25/2013      EUR    72.17
LB BADEN-WUERTT          5.000   1/25/2013      EUR    74.55
LB BADEN-WUERTT          5.000   1/25/2013      EUR    30.56
LB BADEN-WUERTT         10.000    1/4/2013      EUR    44.22
LB BADEN-WUERTT         10.000    1/4/2013      EUR    54.48
LB BADEN-WUERTT         10.000    1/4/2013      EUR    66.57
LB BADEN-WUERTT         10.000    1/4/2013      EUR    21.98
LB BADEN-WUERTT         10.000    1/4/2013      EUR    70.79
LB BADEN-WUERTT         10.000    1/4/2013      EUR    71.47
LB BADEN-WUERTT         10.000    1/4/2013      EUR    71.30
LB BADEN-WUERTT         10.000    1/4/2013      EUR    64.79
LB BADEN-WUERTT         10.000    1/4/2013      EUR    56.99
LB BADEN-WUERTT          7.500    1/4/2013      EUR    46.43
LB BADEN-WUERTT          7.500    1/4/2013      EUR    59.25
LB BADEN-WUERTT          7.500    1/4/2013      EUR    60.37
LB BADEN-WUERTT          7.500    1/4/2013      EUR    71.07
LB BADEN-WUERTT          7.500    1/4/2013      EUR    22.01
LB BADEN-WUERTT          7.500    1/4/2013      EUR    69.88
LB BADEN-WUERTT          7.500    1/4/2013      EUR    63.19
LB BADEN-WUERTT          7.500    1/4/2013      EUR    74.68
LB BADEN-WUERTT          5.000    1/4/2013      EUR    23.33
LB BADEN-WUERTT          5.000    1/4/2013      EUR    65.82
LB BADEN-WUERTT          5.000    1/4/2013      EUR    61.60
LB BADEN-WUERTT          5.000    1/4/2013      EUR    68.35
LB BADEN-WUERTT          5.000    1/4/2013      EUR    68.31
LB BADEN-WUERTT          5.000    1/4/2013      EUR    52.47
LB BADEN-WUERTT         15.000  11/23/2012      EUR    58.06
LB BADEN-WUERTT         10.000  11/23/2012      EUR    69.74
LB BADEN-WUERTT         10.000  11/23/2012      EUR    20.84
LB BADEN-WUERTT         10.000  11/23/2012      EUR    66.53
LB BADEN-WUERTT         10.000  11/23/2012      EUR    48.23
LB BADEN-WUERTT         10.000  11/23/2012      EUR    54.37
LB BADEN-WUERTT         10.000  11/23/2012      EUR    64.58
LB BADEN-WUERTT         10.000  11/23/2012      EUR    74.36
LB BADEN-WUERTT         10.000  11/23/2012      EUR    67.21
LB BADEN-WUERTT         10.000  11/23/2012      EUR    50.27
LB BADEN-WUERTT         10.000  11/23/2012      EUR    57.03
LB BADEN-WUERTT         10.000  11/23/2012      EUR    58.88
LB BADEN-WUERTT         10.000  11/23/2012      EUR    71.61
LB BADEN-WUERTT          7.500  11/23/2012      EUR    74.50
LB BADEN-WUERTT          7.500  11/23/2012      EUR    64.04
LB BADEN-WUERTT          7.500  11/23/2012      EUR    72.18
LB BADEN-WUERTT          7.500  11/23/2012      EUR    52.18
LB BADEN-WUERTT          7.500  11/23/2012      EUR    54.19
LB BADEN-WUERTT          7.500  11/23/2012      EUR    72.13
LB BADEN-WUERTT          7.500  11/23/2012      EUR    59.91
LB BADEN-WUERTT          7.500  11/23/2012      EUR    61.35
LB BADEN-WUERTT          7.500  11/23/2012      EUR    71.95
LB BADEN-WUERTT          7.500  11/23/2012      EUR    21.40
LB BADEN-WUERTT          5.000  11/23/2012      EUR    60.45
LB BADEN-WUERTT          5.000  11/23/2012      EUR    72.48
LB BADEN-WUERTT          5.000  11/23/2012      EUR    68.54
LB BADEN-WUERTT          5.000  11/23/2012      EUR    22.71
LB BADEN-WUERTT          5.000  11/23/2012      EUR    68.17
LB BADEN-WUERTT          5.000  11/23/2012      EUR    59.36
LB BADEN-WUERTT         10.000  10/26/2012      EUR    19.93
LB BADEN-WUERTT         10.000  10/26/2012      EUR    68.70
LB BADEN-WUERTT         10.000  10/26/2012      EUR    53.08
LB BADEN-WUERTT         10.000  10/26/2012      EUR    51.27
LB BADEN-WUERTT         10.000  10/26/2012      EUR    52.74
LB BADEN-WUERTT         10.000  10/26/2012      EUR     9.50
LB BADEN-WUERTT         10.000  10/26/2012      EUR    67.57
LB BADEN-WUERTT         10.000  10/26/2012      EUR    57.47
LB BADEN-WUERTT          7.500  10/26/2012      EUR    62.00
LB BADEN-WUERTT          7.500  10/26/2012      EUR    20.62
LB BADEN-WUERTT          7.500  10/26/2012      EUR    58.28
LB BADEN-WUERTT          7.500  10/26/2012      EUR    74.25
LB BADEN-WUERTT          7.500  10/26/2012      EUR     9.33
LB BADEN-WUERTT          7.500  10/26/2012      EUR    72.58
LB BADEN-WUERTT          7.500  10/26/2012      EUR    54.97
LB BADEN-WUERTT          7.500  10/26/2012      EUR    56.94
LB BADEN-WUERTT          5.000  10/26/2012      EUR    69.08
LB BADEN-WUERTT          5.000  10/26/2012      EUR    22.33
LB BADEN-WUERTT          5.000  10/26/2012      EUR    64.47
LB BADEN-WUERTT          5.000  10/26/2012      EUR     9.05
LB BADEN-WUERTT          5.000  10/26/2012      EUR    67.65
LB BADEN-WUERTT          5.000  10/26/2012      EUR    61.34
LB BADEN-WUERTT          8.000   9/28/2012      EUR    40.97
LB BADEN-WUERTT          8.000   9/28/2012      EUR    52.91
LB BADEN-WUERTT          8.000   9/28/2012      EUR    65.91
LB BADEN-WUERTT          8.000   9/28/2012      EUR    51.92
LB BADEN-WUERTT          8.000   9/28/2012      EUR    55.84
LB BADEN-WUERTT          8.000   9/28/2012      EUR    23.43
LB BADEN-WUERTT          8.000   9/28/2012      EUR    66.90
LB BADEN-WUERTT          6.000   9/28/2012      EUR    56.67
LB BADEN-WUERTT          6.000   9/28/2012      EUR    60.96
LB BADEN-WUERTT          6.000   9/28/2012      EUR    73.43
LB BADEN-WUERTT          6.000   9/28/2012      EUR    25.81
LB BADEN-WUERTT          6.000   9/28/2012      EUR    44.33
LB BADEN-WUERTT          6.000   9/28/2012      EUR    74.98
LB BADEN-WUERTT          6.000   9/28/2012      EUR    59.39
LB BADEN-WUERTT          4.000   9/28/2012      EUR    64.76
LB BADEN-WUERTT          4.000   9/28/2012      EUR    69.40
LB BADEN-WUERTT          4.000   9/28/2012      EUR    30.52
LB BADEN-WUERTT          4.000   9/28/2012      EUR    68.80
LB BADEN-WUERTT          4.000   9/28/2012      EUR    51.09
LB BADEN-WUERTT         10.000   8/24/2012      EUR    45.12
LB BADEN-WUERTT         10.000   8/24/2012      EUR    55.84
LB BADEN-WUERTT         10.000   8/24/2012      EUR    69.45
LB BADEN-WUERTT         10.000   8/24/2012      EUR    59.15
LB BADEN-WUERTT         10.000   8/24/2012      EUR    64.62
LB BADEN-WUERTT         10.000   8/24/2012      EUR    72.30
LB BADEN-WUERTT         10.000   8/24/2012      EUR    60.07
LB BADEN-WUERTT         10.000   8/24/2012      EUR    70.72
LB BADEN-WUERTT         10.000   8/24/2012      EUR    67.03
LB BADEN-WUERTT         10.000   8/24/2012      EUR    59.32
LB BADEN-WUERTT         10.000   8/24/2012      EUR    67.52
LB BADEN-WUERTT         10.000   8/24/2012      EUR    74.83
LB BADEN-WUERTT         10.000   8/24/2012      EUR    66.37
LB BADEN-WUERTT         10.000   8/24/2012      EUR    23.85
LB BADEN-WUERTT         10.000   8/24/2012      EUR    72.72
LB BADEN-WUERTT         10.000   8/24/2012      EUR    55.44
LB BADEN-WUERTT         10.000   8/24/2012      EUR    42.36
LB BADEN-WUERTT         10.000   8/24/2012      EUR    71.93
LB BADEN-WUERTT          8.000   8/24/2012      EUR    47.68
LB BADEN-WUERTT          8.000   8/24/2012      EUR    65.46
LB BADEN-WUERTT          8.000   8/24/2012      EUR    74.90
LB BADEN-WUERTT          8.000   8/24/2012      EUR    67.44
LB BADEN-WUERTT          8.000   8/24/2012      EUR    36.09
LB BADEN-WUERTT          8.000   8/24/2012      EUR    73.60
LB BADEN-WUERTT          4.000   5/25/2012      EUR    56.19
LB BADEN-WUERTT          4.000   5/25/2012      EUR    66.95
LB BADEN-WUERTT          4.000   5/25/2012      EUR    50.99
LB BADEN-WUERTT          4.000   5/25/2012      EUR    73.10
LB BADEN-WUERTT          6.000   5/25/2012      EUR    49.51
LB BADEN-WUERTT          6.000   5/25/2012      EUR    69.13
LB BADEN-WUERTT          6.000   5/25/2012      EUR    66.22
LB BADEN-WUERTT          6.000   5/25/2012      EUR    60.68
LB BADEN-WUERTT          6.000   5/25/2012      EUR    41.26
LB BADEN-WUERTT          6.000   5/25/2012      EUR    63.62
LB BADEN-WUERTT          6.000   5/25/2012      EUR    71.96
LB BADEN-WUERTT          8.000   5/25/2012      EUR    56.33
LB BADEN-WUERTT          8.000   5/25/2012      EUR    70.48
LB BADEN-WUERTT          8.000   5/25/2012      EUR    59.86
LB BADEN-WUERTT          8.000   5/25/2012      EUR    45.04
LB BADEN-WUERTT          8.000   5/25/2012      EUR    71.59
LB BADEN-WUERTT          8.000   5/25/2012      EUR    64.01
LB BADEN-WUERTT          8.000   5/25/2012      EUR    70.33
LB BADEN-WUERTT          8.000   5/25/2012      EUR    56.07
LB BADEN-WUERTT          8.000   5/25/2012      EUR    63.88
LB BADEN-WUERTT          8.000   5/25/2012      EUR    37.34
LB BADEN-WUERTT          8.350   5/25/2012      EUR    43.84
LB BADEN-WUERTT          4.000   6/22/2012      EUR    37.97
LB BADEN-WUERTT          4.000   6/22/2012      EUR    55.67
LB BADEN-WUERTT          4.000   6/22/2012      EUR    57.46
LB BADEN-WUERTT          4.000   6/22/2012      EUR    53.54
LB BADEN-WUERTT          5.000   6/22/2012      EUR    66.50
LB BADEN-WUERTT          5.000   6/22/2012      EUR    64.99
LB BADEN-WUERTT          5.000   6/22/2012      EUR    74.44
LB BADEN-WUERTT          5.000   6/22/2012      EUR    63.90
LB BADEN-WUERTT          5.000   6/22/2012      EUR    55.45
LB BADEN-WUERTT          5.000   6/22/2012      EUR    69.76
LB BADEN-WUERTT          5.000   6/22/2012      EUR    22.21
LB BADEN-WUERTT          5.000   6/22/2012      EUR    73.50
LB BADEN-WUERTT          5.000   6/22/2012      EUR    10.42
LB BADEN-WUERTT          5.000   6/22/2012      EUR    61.57
LB BADEN-WUERTT          5.000   6/22/2012      EUR    55.00
LB BADEN-WUERTT          6.000   6/22/2012      EUR    74.04
LB BADEN-WUERTT          6.000   6/22/2012      EUR    33.36
LB BADEN-WUERTT          6.000   6/22/2012      EUR    72.88
LB BADEN-WUERTT          6.000   6/22/2012      EUR    50.11
LB BADEN-WUERTT          6.000   6/22/2012      EUR    70.27
LB BADEN-WUERTT          6.000   6/22/2012      EUR    46.81
LB BADEN-WUERTT          6.000   6/22/2012      EUR    45.58
LB BADEN-WUERTT          6.000   6/22/2012      EUR    72.33
LB BADEN-WUERTT          6.000   6/22/2012      EUR    71.27
LB BADEN-WUERTT          7.500   6/22/2012      EUR    57.64
LB BADEN-WUERTT          7.500   6/22/2012      EUR    74.75
LB BADEN-WUERTT          7.500   6/22/2012      EUR    20.17
LB BADEN-WUERTT          7.500   6/22/2012      EUR    55.67
LB BADEN-WUERTT          7.500   6/22/2012      EUR    69.29
LB BADEN-WUERTT          7.500   6/22/2012      EUR    61.27
LB BADEN-WUERTT          7.500   6/22/2012      EUR    69.96
LB BADEN-WUERTT          7.500   6/22/2012      EUR     9.29
LB BADEN-WUERTT          7.500   6/22/2012      EUR    57.83
LB BADEN-WUERTT          7.500   6/22/2012      EUR    49.90
LB BADEN-WUERTT          7.500   6/22/2012      EUR    50.82
LB BADEN-WUERTT          7.500   6/22/2012      EUR    71.56
LB BADEN-WUERTT          7.500   6/22/2012      EUR    66.95
LB BADEN-WUERTT          8.000   6/22/2012      EUR    71.74
LB BADEN-WUERTT          8.000   6/22/2012      EUR    66.69
LB BADEN-WUERTT          8.000   6/22/2012      EUR    45.46
LB BADEN-WUERTT          8.000   6/22/2012      EUR    41.67
LB BADEN-WUERTT          8.000   6/22/2012      EUR    62.11
LB BADEN-WUERTT          8.000   6/22/2012      EUR    68.33
LB BADEN-WUERTT          8.000   6/22/2012      EUR    40.23
LB BADEN-WUERTT          8.000   6/22/2012      EUR    29.63
LB BADEN-WUERTT          8.000   6/22/2012      EUR    65.05
LB BADEN-WUERTT          8.000   6/22/2012      EUR    67.04
LB BADEN-WUERTT         10.000   6/22/2012      EUR     8.21
LB BADEN-WUERTT         10.000   6/22/2012      EUR    66.00
LB BADEN-WUERTT         10.000   6/22/2012      EUR    72.36
LB BADEN-WUERTT         10.000   6/22/2012      EUR    74.34
LB BADEN-WUERTT         10.000   6/22/2012      EUR    18.84
LB BADEN-WUERTT         10.000   6/22/2012      EUR    64.44
LB BADEN-WUERTT         10.000   6/22/2012      EUR    69.39
LB BADEN-WUERTT         10.000   6/22/2012      EUR    62.56
LB BADEN-WUERTT         10.000   6/22/2012      EUR    66.81
LB BADEN-WUERTT         10.000   6/22/2012      EUR    74.76
LB BADEN-WUERTT         10.000   6/22/2012      EUR    51.92
LB BADEN-WUERTT         10.000   6/22/2012      EUR    47.42
LB BADEN-WUERTT         10.000   6/22/2012      EUR    55.66
LB BADEN-WUERTT         10.000   6/22/2012      EUR    47.72
LB BADEN-WUERTT         10.000   6/22/2012      EUR    51.98
LB BADEN-WUERTT         10.000   6/22/2012      EUR    53.63
LB BADEN-WUERTT         10.000   6/22/2012      EUR    69.50
LB BADEN-WUERTT          4.000   7/27/2012      EUR    56.05
LB BADEN-WUERTT          4.000   7/27/2012      EUR    49.84
LB BADEN-WUERTT          5.000   7/27/2012      EUR    73.96
LB BADEN-WUERTT          5.000   7/27/2012      EUR    58.28
LB BADEN-WUERTT          5.000   7/27/2012      EUR    15.52
LB BADEN-WUERTT          5.000   7/27/2012      EUR    72.10
LB BADEN-WUERTT          5.000   7/27/2012      EUR    62.82
LB BADEN-WUERTT          5.000   7/27/2012      EUR    22.98
LB BADEN-WUERTT          5.000   7/27/2012      EUR    49.65
LB BADEN-WUERTT          5.000   7/27/2012      EUR    62.51
LB BADEN-WUERTT          5.000   7/27/2012      EUR    60.46
LB BADEN-WUERTT          5.000   7/27/2012      EUR    57.00
LB BADEN-WUERTT          5.000   7/27/2012      EUR    34.67
LB BADEN-WUERTT          5.000   7/27/2012      EUR    65.39
LB BADEN-WUERTT          5.000   7/27/2012      EUR    63.90
LB BADEN-WUERTT          5.000   7/27/2012      EUR    70.15
LB BADEN-WUERTT          6.000   7/27/2012      EUR    70.29
LB BADEN-WUERTT          6.000   7/27/2012      EUR    31.28
LB BADEN-WUERTT          6.000   7/27/2012      EUR    74.77
LB BADEN-WUERTT          6.000   7/27/2012      EUR    73.03
LB BADEN-WUERTT          6.000   7/27/2012      EUR    44.29
LB BADEN-WUERTT          6.000   7/27/2012      EUR    68.75
LB BADEN-WUERTT          6.000   7/27/2012      EUR    47.28
LB BADEN-WUERTT          6.500   7/27/2012      EUR    73.61
LB BADEN-WUERTT          6.500   7/27/2012      EUR    72.53
LB BADEN-WUERTT          7.500   7/27/2012      EUR    16.07
LB BADEN-WUERTT          7.500   7/27/2012      EUR    62.10
LB BADEN-WUERTT          7.500   7/27/2012      EUR    53.43
LB BADEN-WUERTT          7.500   7/27/2012      EUR    64.62
LB BADEN-WUERTT          7.500   7/27/2012      EUR    56.13
LB BADEN-WUERTT          7.500   7/27/2012      EUR    73.74
LB BADEN-WUERTT          7.500   7/27/2012      EUR    73.77
LB BADEN-WUERTT          7.500   7/27/2012      EUR    71.07
LB BADEN-WUERTT          7.500   7/27/2012      EUR    70.01
LB BADEN-WUERTT          7.500   7/27/2012      EUR    44.59
LB BADEN-WUERTT          7.500   7/27/2012      EUR    58.87
LB BADEN-WUERTT          7.500   7/27/2012      EUR    57.17
LB BADEN-WUERTT          7.500   7/27/2012      EUR    69.61
LB BADEN-WUERTT          7.500   7/27/2012      EUR    31.71
LB BADEN-WUERTT          7.500   7/27/2012      EUR    66.95
LB BADEN-WUERTT          7.500   7/27/2012      EUR    56.66
LB BADEN-WUERTT          7.500   7/27/2012      EUR    21.37
LB BADEN-WUERTT          7.500   7/27/2012      EUR    53.78
LB BADEN-WUERTT          8.000   7/27/2012      EUR    67.25
LB BADEN-WUERTT          8.000   7/27/2012      EUR    69.49
LB BADEN-WUERTT          8.000   7/27/2012      EUR    68.68
LB BADEN-WUERTT          8.000   7/27/2012      EUR    63.65
LB BADEN-WUERTT          8.000   7/27/2012      EUR    40.07
LB BADEN-WUERTT          8.000   7/27/2012      EUR    74.94
LB BADEN-WUERTT          8.000   7/27/2012      EUR    64.09
LB BADEN-WUERTT          8.000   7/27/2012      EUR    42.78
LB BADEN-WUERTT          9.000   7/27/2012      EUR    63.03
LB BADEN-WUERTT         10.000   7/27/2012      EUR    16.57
LB BADEN-WUERTT         10.000   7/27/2012      EUR    51.02
LB BADEN-WUERTT         10.000   7/27/2012      EUR    70.11
LB BADEN-WUERTT         10.000   7/27/2012      EUR    57.30
LB BADEN-WUERTT         10.000   7/27/2012      EUR    20.42
LB BADEN-WUERTT         10.000   7/27/2012      EUR    50.31
LB BADEN-WUERTT         10.000   7/27/2012      EUR    64.14
LB BADEN-WUERTT         10.000   7/27/2012      EUR    53.65
LB BADEN-WUERTT         10.000   7/27/2012      EUR    70.86
LB BADEN-WUERTT         10.000   7/27/2012      EUR    71.17
LB BADEN-WUERTT         10.000   7/27/2012      EUR    63.71
LB BADEN-WUERTT         10.000   7/27/2012      EUR    66.56
LB BADEN-WUERTT         10.000   7/27/2012      EUR    49.17
LB BADEN-WUERTT         10.000   7/27/2012      EUR    59.53
LB BADEN-WUERTT         10.000   7/27/2012      EUR    62.06
LB BADEN-WUERTT         10.000   7/27/2012      EUR    68.58
LB BADEN-WUERTT         10.000   7/27/2012      EUR    52.86
LB BADEN-WUERTT         10.000   7/27/2012      EUR    41.52
LB BADEN-WUERTT         10.000   7/27/2012      EUR    29.39
LB BADEN-WUERTT         10.000   7/27/2012      EUR    53.20
LB BADEN-WUERTT          4.000   8/24/2012      EUR    46.03
LB BADEN-WUERTT          4.000   8/24/2012      EUR    73.82
LB BADEN-WUERTT          4.000   8/24/2012      EUR    73.03
LB BADEN-WUERTT          4.000   8/24/2012      EUR    57.66
LB BADEN-WUERTT          5.000   8/24/2012      EUR    28.00
LB BADEN-WUERTT          5.000   8/24/2012      EUR    69.30
LB BADEN-WUERTT          5.000   8/24/2012      EUR    72.84
LB BADEN-WUERTT          5.000   8/24/2012      EUR    69.68
LB BADEN-WUERTT          5.000   8/24/2012      EUR    66.41
LB BADEN-WUERTT          5.000   8/24/2012      EUR    50.20
LB BADEN-WUERTT          5.000   8/24/2012      EUR    56.42
LB BADEN-WUERTT          6.000   8/24/2012      EUR    73.22
LB BADEN-WUERTT          6.000   8/24/2012      EUR    73.86
LB BADEN-WUERTT          6.000   8/24/2012      EUR    67.00
LB BADEN-WUERTT          6.000   8/24/2012      EUR    73.93
LB BADEN-WUERTT          6.000   8/24/2012      EUR    65.90
LB BADEN-WUERTT          6.000   8/24/2012      EUR    51.57
LB BADEN-WUERTT          6.000   8/24/2012      EUR    39.54
LB BADEN-WUERTT          6.000   8/24/2012      EUR    63.99
LB BADEN-WUERTT          6.000   8/24/2012      EUR    72.56
LB BADEN-WUERTT          7.500   8/24/2012      EUR    63.27
LB BADEN-WUERTT          7.500   8/24/2012      EUR    64.39
LB BADEN-WUERTT          7.500   8/24/2012      EUR    73.46
LB BADEN-WUERTT          7.500   8/24/2012      EUR    45.41
LB BADEN-WUERTT          7.500   8/24/2012      EUR    66.28
LB BADEN-WUERTT          7.500   8/24/2012      EUR    71.16
LB BADEN-WUERTT          7.500   8/24/2012      EUR    70.32
LB BADEN-WUERTT          7.500   8/24/2012      EUR    25.25
LB BADEN-WUERTT          7.500   8/24/2012      EUR    59.56
LB BADEN-WUERTT          7.500   8/24/2012      EUR    70.28
LB BADEN-WUERTT          7.500   8/24/2012      EUR    61.24
LB BADEN-WUERTT          7.500   8/24/2012      EUR    51.64
LB BADEN-WUERTT          8.000   8/24/2012      EUR    62.94
LB BADEN-WUERTT          8.000   8/24/2012      EUR    67.85
LB BADEN-WUERTT          8.000   8/24/2012      EUR    58.76
LB BADEN-WUERTT          8.000   8/24/2012      EUR    70.46
LB BADEN-WUERTT          8.000   8/24/2012      EUR    71.13
LB BADEN-WUERTT          8.000   8/24/2012      EUR    58.09
LB BADEN-WUERTT          8.000   8/24/2012      EUR    67.97
LB BADEN-WUERTT          5.000   8/24/2012      EUR    74.03
MACQUARIE STRUCT         9.000   6/22/2012      EUR    65.23
MACQUARIE STRUCT        10.000   6/22/2012      EUR    73.04
MACQUARIE STRUCT        10.000   6/22/2012      EUR    45.68
MACQUARIE STRUCT        10.250   6/22/2012      EUR    46.98
MACQUARIE STRUCT        11.000   6/22/2012      EUR    73.89
MACQUARIE STRUCT        10.750   6/22/2012      EUR    34.95
MACQUARIE STRUCT        11.000   6/22/2012      EUR    63.57
MACQUARIE STRUCT        11.000   6/22/2012      EUR    74.76
MACQUARIE STRUCT        11.750   6/22/2012      EUR    64.16
MACQUARIE STRUCT        11.500   6/22/2012      EUR    52.46
MACQUARIE STRUCT        11.500   6/22/2012      EUR    34.33
MACQUARIE STRUCT        11.500   6/22/2012      EUR    59.43
MACQUARIE STRUCT        11.750   6/22/2012      EUR    74.06
MACQUARIE STRUCT        12.000   6/22/2012      EUR    69.66
MACQUARIE STRUCT        12.500   6/22/2012      EUR    40.00
MACQUARIE STRUCT        12.500   6/22/2012      EUR    73.07
MACQUARIE STRUCT        12.500   6/22/2012      EUR    39.36
MACQUARIE STRUCT        13.000   6/22/2012      EUR    65.91
MACQUARIE STRUCT        13.500   6/22/2012      EUR    33.25
MACQUARIE STRUCT        15.750   6/22/2012      EUR    56.19
MACQUARIE STRUCT        15.750   6/22/2012      EUR    14.33
MACQUARIE STRUCT        16.000   6/22/2012      EUR    14.07
MACQUARIE STRUCT        18.000  12/14/2012      EUR    74.36
MACQUARIE STRUCT        11.500   9/28/2012      EUR    51.80
MACQUARIE STRUCT        10.000   9/28/2012      EUR    68.84
MACQUARIE STRUCT         9.750   9/28/2012      EUR    52.48
MACQUARIE STRUCT         9.250   9/28/2012      EUR    67.34
MACQUARIE STRUCT         9.000   9/28/2012      EUR    53.25
MACQUARIE STRUCT        23.250   6/22/2012      EUR     4.03
MACQUARIE STRUCT        21.000   6/22/2012      EUR    73.38
MACQUARIE STRUCT        18.500   6/22/2012      EUR    47.08
MACQUARIE STRUCT        17.000   6/22/2012      EUR    39.40
MACQUARIE STRUCT         7.000   5/11/2012      EUR    62.10
MACQUARIE STRUCT         8.750   5/25/2012      EUR    74.36
MACQUARIE STRUCT        10.250   6/22/2012      EUR    74.83
MACQUARIE STRUCT         9.250   6/22/2012      EUR    29.34
MACQUARIE STRUCT         9.750   6/22/2012      EUR    63.92
MACQUARIE STRUCT         9.750   6/22/2012      EUR    70.39
NORDDEUTSCHE L/B         7.000    6/8/2012      EUR    56.43
NORDEX AG                6.375   4/12/2016      EUR    74.02
PRAKTIKER BAU-UN         5.875   2/10/2016      EUR    48.46
Q-CELLS                  6.750  10/21/2015      EUR     0.66
QIMONDA FINANCE          6.750   3/22/2013      USD     5.88
RENTENBANK               0.500   3/15/2017      TRY    70.95
RENTENBANK               0.500   4/19/2017      TRY    71.12
RENTENBANK               0.500   4/19/2017      ZAR    73.33
SOLARWORLD AG            6.125   1/21/2017      EUR    30.01
SOLARWORLD AG            6.375   7/13/2016      EUR    33.91
SOLON AG SOLAR           1.375   12/6/2012      EUR     1.50
TAG IMMO AG              6.500  12/10/2015      EUR     7.91
TUI AG                   2.750   3/24/2016      EUR    49.30
TUI AG                   5.500  11/17/2014      EUR    66.22
UNICREDIT BANK A         6.900   5/17/2012      EUR    53.67
UNICREDIT BANK A         7.000   6/21/2012      EUR    46.26
UNICREDIT BANK A         6.800   5/17/2012      EUR    60.61
VONTOBEL FIN PRO        10.260   6/22/2012      EUR    43.96
VONTOBEL FIN PRO        10.257   6/22/2012      EUR    49.62
VONTOBEL FIN PRO        10.254   6/22/2012      EUR    57.38
VONTOBEL FIN PRO        10.246   6/22/2012      EUR    66.34
VONTOBEL FIN PRO        10.244   6/22/2012      EUR    68.20
VONTOBEL FIN PRO        10.241   6/22/2012      EUR    70.80
VONTOBEL FIN PRO        10.222   6/22/2012      EUR    59.78
VONTOBEL FIN PRO        10.222   6/22/2012      EUR    72.74
VONTOBEL FIN PRO        10.207   6/22/2012      EUR    57.24
VONTOBEL FIN PRO        10.204   6/22/2012      EUR    73.10
VONTOBEL FIN PRO        10.186   6/22/2012      EUR    61.54
VONTOBEL FIN PRO        10.185   6/22/2012      EUR    71.90
VONTOBEL FIN PRO        10.167   6/22/2012      EUR    46.64
VONTOBEL FIN PRO        10.146   6/22/2012      EUR    74.90
VONTOBEL FIN PRO        10.142   6/22/2012      EUR    64.58
VONTOBEL FIN PRO        10.135   6/22/2012      EUR    74.98
VONTOBEL FIN PRO        10.116   6/22/2012      EUR    54.88
VONTOBEL FIN PRO        10.113   6/22/2012      EUR    66.50
VONTOBEL FIN PRO        10.110   6/22/2012      EUR    36.22
VONTOBEL FIN PRO        10.107   6/22/2012      EUR    57.30
VONTOBEL FIN PRO        10.100   6/22/2012      EUR    56.88
VONTOBEL FIN PRO        10.098   6/22/2012      EUR    70.18
VONTOBEL FIN PRO        10.073   6/22/2012      EUR    67.80
VONTOBEL FIN PRO        10.070   6/22/2012      EUR    66.82
VONTOBEL FIN PRO        10.050   6/22/2012      EUR    65.22
VONTOBEL FIN PRO        10.048   6/22/2012      EUR    72.54
VONTOBEL FIN PRO        10.038   6/22/2012      EUR    46.62
VONTOBEL FIN PRO        10.030   6/22/2012      EUR    63.96
VONTOBEL FIN PRO        10.028   6/22/2012      EUR    66.82
VONTOBEL FIN PRO        10.028   6/22/2012      EUR    55.48
VONTOBEL FIN PRO        10.026   6/22/2012      EUR    59.36
VONTOBEL FIN PRO        10.000   6/22/2012      EUR    70.26
VONTOBEL FIN PRO        10.000   6/22/2012      EUR    64.16
VONTOBEL FIN PRO         9.991   6/22/2012      EUR    51.62
VONTOBEL FIN PRO         9.969   6/22/2012      EUR    39.18
VONTOBEL FIN PRO         9.960   6/22/2012      EUR    64.98
VONTOBEL FIN PRO         9.957   6/22/2012      EUR    50.68
VONTOBEL FIN PRO         9.921   6/22/2012      EUR    62.18
VONTOBEL FIN PRO         9.918   6/22/2012      EUR    53.70
VONTOBEL FIN PRO         9.898   6/22/2012      EUR    73.92
VONTOBEL FIN PRO         9.892   6/22/2012      EUR    62.18
VONTOBEL FIN PRO         9.887   6/22/2012      EUR    58.40
VONTOBEL FIN PRO         9.880   6/22/2012      EUR    63.84
VONTOBEL FIN PRO         9.871   6/22/2012      EUR    62.06
VONTOBEL FIN PRO         9.832   6/22/2012      EUR    70.18
VONTOBEL FIN PRO         9.832   6/22/2012      EUR    67.00
VONTOBEL FIN PRO         9.797   6/22/2012      EUR    44.20
VONTOBEL FIN PRO         9.790   6/22/2012      EUR    68.92
VONTOBEL FIN PRO         9.781   6/22/2012      EUR    46.88
VONTOBEL FIN PRO         9.754   6/22/2012      EUR    72.10
VONTOBEL FIN PRO         9.740   6/22/2012      EUR    73.03
VONTOBEL FIN PRO         9.732   6/22/2012      EUR    70.98
VONTOBEL FIN PRO         9.724   6/22/2012      EUR    65.62
VONTOBEL FIN PRO         9.722   6/22/2012      EUR    74.78
VONTOBEL FIN PRO         9.716   6/22/2012      EUR    65.86
VONTOBEL FIN PRO         9.709   6/22/2012      EUR    74.80
VONTOBEL FIN PRO         9.709   6/22/2012      EUR    36.84
VONTOBEL FIN PRO         9.709   6/22/2012      EUR    43.14
VONTOBEL FIN PRO         9.699   6/22/2012      EUR    46.00
VONTOBEL FIN PRO         9.698   6/22/2012      EUR    65.08
VONTOBEL FIN PRO         9.689   6/22/2012      EUR    69.60
VONTOBEL FIN PRO         9.689   6/22/2012      EUR    59.72
VONTOBEL FIN PRO         9.687   6/22/2012      EUR    73.44
VONTOBEL FIN PRO         9.684   6/22/2012      EUR    66.74
VONTOBEL FIN PRO         9.674   6/22/2012      EUR    67.94
VONTOBEL FIN PRO         9.673   6/22/2012      EUR    43.98
VONTOBEL FIN PRO         9.658   6/22/2012      EUR    59.87
VONTOBEL FIN PRO         9.627   6/22/2012      EUR    51.32
VONTOBEL FIN PRO         9.623   6/22/2012      EUR    43.86
VONTOBEL FIN PRO         9.623   6/22/2012      EUR    35.10
VONTOBEL FIN PRO         9.606   6/22/2012      EUR    62.52
VONTOBEL FIN PRO         9.600   6/22/2012      EUR    73.28
VONTOBEL FIN PRO         9.576   6/22/2012      EUR    60.98
VONTOBEL FIN PRO         9.557   6/22/2012      EUR    67.00
VONTOBEL FIN PRO         9.556   6/22/2012      EUR    23.20
VONTOBEL FIN PRO         9.553   6/22/2012      EUR    56.34
VONTOBEL FIN PRO         9.553   6/22/2012      EUR    59.60
VONTOBEL FIN PRO         9.550   6/22/2012      EUR    72.00
VONTOBEL FIN PRO         9.547   6/22/2012      EUR    57.72
VONTOBEL FIN PRO         9.534   6/22/2012      EUR    71.40
VONTOBEL FIN PRO         9.534   6/22/2012      EUR    66.40
VONTOBEL FIN PRO         9.524   6/22/2012      EUR    63.10
VONTOBEL FIN PRO         9.511   6/22/2012      EUR    58.70
VONTOBEL FIN PRO         9.509   6/22/2012      EUR    74.74
VONTOBEL FIN PRO         9.472   6/22/2012      EUR    64.58
VONTOBEL FIN PRO         9.472   6/22/2012      EUR    31.89
VONTOBEL FIN PRO         9.466   6/22/2012      EUR    54.56
VONTOBEL FIN PRO         9.461   6/22/2012      EUR    65.56
VONTOBEL FIN PRO         9.454   6/22/2012      EUR    37.98
VONTOBEL FIN PRO         9.448   6/22/2012      EUR    70.22
VONTOBEL FIN PRO         9.443   6/22/2012      EUR    71.82
VONTOBEL FIN PRO         9.414   6/22/2012      EUR    53.60
VONTOBEL FIN PRO         9.411   6/22/2012      EUR    59.10
VONTOBEL FIN PRO         9.405   6/22/2012      EUR    65.92
VONTOBEL FIN PRO         9.396   6/22/2012      EUR    64.10
VONTOBEL FIN PRO         9.389   6/22/2012      EUR    44.98
VONTOBEL FIN PRO         9.373   6/22/2012      EUR    42.21
VONTOBEL FIN PRO         9.333   6/22/2012      EUR    67.96
VONTOBEL FIN PRO         9.333   6/22/2012      EUR    68.00
VONTOBEL FIN PRO         9.332   6/22/2012      EUR    62.34
VONTOBEL FIN PRO         9.316   6/22/2012      EUR    48.70
VONTOBEL FIN PRO         9.292   6/22/2012      EUR    45.64
VONTOBEL FIN PRO         9.290   6/22/2012      EUR    59.12
VONTOBEL FIN PRO         9.283   6/22/2012      EUR    39.40
VONTOBEL FIN PRO         9.274   6/22/2012      EUR    56.84
VONTOBEL FIN PRO         9.259   6/22/2012      EUR    69.84
VONTOBEL FIN PRO         9.250   6/22/2012      EUR    74.96
VONTOBEL FIN PRO         9.250   6/22/2012      EUR    55.70
VONTOBEL FIN PRO         9.208   6/22/2012      EUR    39.84
VONTOBEL FIN PRO         9.180   6/22/2012      EUR    60.92
VONTOBEL FIN PRO         9.162   6/22/2012      EUR    64.56
VONTOBEL FIN PRO         9.142   6/22/2012      EUR    61.42
VONTOBEL FIN PRO         9.139   6/22/2012      EUR    74.88
VONTOBEL FIN PRO         9.134   6/22/2012      EUR    68.70
VONTOBEL FIN PRO         9.133   6/22/2012      EUR    74.94
VONTOBEL FIN PRO         9.125   6/22/2012      EUR    72.74
VONTOBEL FIN PRO         9.097   6/22/2012      EUR    72.78
VONTOBEL FIN PRO         9.094   6/22/2012      EUR    74.85
VONTOBEL FIN PRO         9.072   6/22/2012      EUR    74.84
VONTOBEL FIN PRO         9.072   6/22/2012      EUR    44.12
VONTOBEL FIN PRO         9.072   6/22/2012      EUR    62.94
VONTOBEL FIN PRO         9.071   6/22/2012      EUR    64.54
VONTOBEL FIN PRO         9.026   6/22/2012      EUR    68.94
VONTOBEL FIN PRO         9.025   6/22/2012      EUR    68.42
VONTOBEL FIN PRO         9.019   6/22/2012      EUR    45.62
VONTOBEL FIN PRO         8.944   6/22/2012      EUR    72.72
VONTOBEL FIN PRO         8.943   6/22/2012      EUR    66.10
VONTOBEL FIN PRO         8.920   6/22/2012      EUR    70.32
VONTOBEL FIN PRO         8.906   6/22/2012      EUR    46.50
VONTOBEL FIN PRO         8.900   6/22/2012      EUR    51.72
VONTOBEL FIN PRO         8.892   6/22/2012      EUR    51.50
VONTOBEL FIN PRO         8.891   6/22/2012      EUR    58.30
VONTOBEL FIN PRO         8.889   6/22/2012      EUR    49.52
VONTOBEL FIN PRO         8.877   6/22/2012      EUR    61.66
VONTOBEL FIN PRO         8.875   6/22/2012      EUR    60.08
VONTOBEL FIN PRO         8.872   6/22/2012      EUR    72.32
VONTOBEL FIN PRO         8.845   6/22/2012      EUR    68.84
VONTOBEL FIN PRO         8.835   6/22/2012      EUR    56.22
VONTOBEL FIN PRO         8.830   6/22/2012      EUR    60.70
VONTOBEL FIN PRO         8.806   6/22/2012      EUR    55.36
VONTOBEL FIN PRO         8.806   6/22/2012      EUR    65.72
VONTOBEL FIN PRO         8.802   6/22/2012      EUR    73.26
VONTOBEL FIN PRO         8.795   6/22/2012      EUR    64.96
VONTOBEL FIN PRO         8.795   6/22/2012      EUR    46.84
VONTOBEL FIN PRO         8.795   6/22/2012      EUR    57.32
VONTOBEL FIN PRO         8.793   6/22/2012      EUR    59.54
VONTOBEL FIN PRO         8.774   6/22/2012      EUR    71.32
VONTOBEL FIN PRO         8.757   6/22/2012      EUR    61.19
VONTOBEL FIN PRO         8.755   6/22/2012      EUR    62.56
VONTOBEL FIN PRO         8.755   6/22/2012      EUR    41.84
VONTOBEL FIN PRO         8.755   6/22/2012      EUR    61.16
VONTOBEL FIN PRO         8.753   6/22/2012      EUR    66.34
VONTOBEL FIN PRO         8.747   6/22/2012      EUR    72.68
VONTOBEL FIN PRO         8.727   6/22/2012      EUR    72.16
VONTOBEL FIN PRO         8.720   6/22/2012      EUR    66.26
VONTOBEL FIN PRO         8.701   6/22/2012      EUR    39.60
VONTOBEL FIN PRO         8.690   6/22/2012      EUR    53.20
VONTOBEL FIN PRO         8.681   6/22/2012      EUR    64.96
VONTOBEL FIN PRO         8.679   6/22/2012      EUR    57.70
VONTOBEL FIN PRO         8.679   6/22/2012      EUR    65.32
VONTOBEL FIN PRO         8.676   6/22/2012      EUR    65.82
VONTOBEL FIN PRO         8.667   6/22/2012      EUR    62.56
VONTOBEL FIN PRO         8.667   6/22/2012      EUR    72.40
VONTOBEL FIN PRO         8.642   6/22/2012      EUR    50.19
VONTOBEL FIN PRO         8.640   6/22/2012      EUR    26.78
VONTOBEL FIN PRO         8.597   6/22/2012      EUR    60.32
VONTOBEL FIN PRO         8.581   6/22/2012      EUR    58.72
VONTOBEL FIN PRO         8.566   6/22/2012      EUR    63.84
VONTOBEL FIN PRO         8.528   6/22/2012      EUR    64.02
VONTOBEL FIN PRO         8.528   6/22/2012      EUR    62.74
VONTOBEL FIN PRO         8.525   6/22/2012      EUR    54.82
VONTOBEL FIN PRO         8.500   6/22/2012      EUR    72.86
VONTOBEL FIN PRO         8.496   6/22/2012      EUR    69.76
VONTOBEL FIN PRO         8.495   6/22/2012      EUR    71.46
VONTOBEL FIN PRO         8.491   6/22/2012      EUR    49.00
VONTOBEL FIN PRO         8.491   6/22/2012      EUR    56.12
VONTOBEL FIN PRO         8.487   6/22/2012      EUR    62.40
VONTOBEL FIN PRO         8.466   6/22/2012      EUR    65.28
VONTOBEL FIN PRO         8.466   6/22/2012      EUR    36.04
VONTOBEL FIN PRO         8.460   6/22/2012      EUR    47.38
VONTOBEL FIN PRO         8.455   6/22/2012      EUR    74.80
VONTOBEL FIN PRO         8.433   6/22/2012      EUR    65.92
VONTOBEL FIN PRO         8.408   6/22/2012      EUR    73.76
VONTOBEL FIN PRO         8.407   6/22/2012      EUR    39.48
VONTOBEL FIN PRO         8.404   6/22/2012      EUR    69.40
VONTOBEL FIN PRO         8.377   6/22/2012      EUR    74.66
VONTOBEL FIN PRO         8.377   6/22/2012      EUR    42.56
VONTOBEL FIN PRO         8.347   6/22/2012      EUR    49.76
VONTOBEL FIN PRO         8.347   6/22/2012      EUR    65.06
VONTOBEL FIN PRO         8.347   6/22/2012      EUR    72.02
VONTOBEL FIN PRO         8.340   6/22/2012      EUR    17.66
VONTOBEL FIN PRO         8.340   6/22/2012      EUR    58.30
VONTOBEL FIN PRO         8.327   6/22/2012      EUR    59.20
VONTOBEL FIN PRO         8.302   6/22/2012      EUR    54.96
VONTOBEL FIN PRO         8.284   6/22/2012      EUR    45.50
VONTOBEL FIN PRO         8.278   6/22/2012      EUR    63.10
VONTOBEL FIN PRO         8.267   6/22/2012      EUR    59.68
VONTOBEL FIN PRO         8.264   6/22/2012      EUR    60.48
VONTOBEL FIN PRO         8.229   6/22/2012      EUR    64.42
VONTOBEL FIN PRO         8.189   6/22/2012      EUR    62.52
VONTOBEL FIN PRO         8.189   6/22/2012      EUR    34.96
VONTOBEL FIN PRO         8.185   6/22/2012      EUR    45.54
VONTOBEL FIN PRO         8.152   6/22/2012      EUR    58.88
VONTOBEL FIN PRO         8.135   6/22/2012      EUR    62.68
VONTOBEL FIN PRO         8.113   6/22/2012      EUR    71.64
VONTOBEL FIN PRO         8.113   6/22/2012      EUR    60.64
VONTOBEL FIN PRO         8.108   6/22/2012      EUR    62.94
VONTOBEL FIN PRO         8.092   6/22/2012      EUR    72.82
VONTOBEL FIN PRO         8.068   6/22/2012      EUR    56.04
VONTOBEL FIN PRO         8.052   6/22/2012      EUR    73.16
VONTOBEL FIN PRO         8.038   6/22/2012      EUR    66.23
VONTOBEL FIN PRO         8.031   6/22/2012      EUR    66.86
VONTOBEL FIN PRO         8.015   6/22/2012      EUR    59.60
VONTOBEL FIN PRO         8.014   6/22/2012      EUR    62.66
VONTOBEL FIN PRO         8.013   6/22/2012      EUR    51.06
VONTOBEL FIN PRO         7.996   6/22/2012      EUR    62.42
VONTOBEL FIN PRO         7.974   6/22/2012      EUR    35.82
VONTOBEL FIN PRO         7.974   6/22/2012      EUR    49.40
VONTOBEL FIN PRO         7.956   6/22/2012      EUR    71.02
VONTOBEL FIN PRO         7.942   6/22/2012      EUR    54.18
VONTOBEL FIN PRO         7.855   6/22/2012      EUR    63.64
VONTOBEL FIN PRO         7.833   6/22/2012      EUR    71.14
VONTOBEL FIN PRO         7.812   6/22/2012      EUR    63.94
VONTOBEL FIN PRO         7.795   6/22/2012      EUR    64.42
VONTOBEL FIN PRO         7.754   6/22/2012      EUR    50.46
VONTOBEL FIN PRO         7.720   6/22/2012      EUR    66.24
VONTOBEL FIN PRO         7.700   6/22/2012      EUR    71.06
VONTOBEL FIN PRO         7.600   6/22/2012      EUR    70.78
VONTOBEL FIN PRO         7.562   6/22/2012      EUR    60.06
VONTOBEL FIN PRO         7.509   6/22/2012      EUR    47.32
VONTOBEL FIN PRO         7.500   6/22/2012      EUR    50.94
VONTOBEL FIN PRO         7.488   6/22/2012      EUR    68.28
VONTOBEL FIN PRO         7.473   6/22/2012      EUR    56.60
VONTOBEL FIN PRO         7.416   6/22/2012      EUR    73.10
VONTOBEL FIN PRO         7.370   6/22/2012      EUR    65.92
VONTOBEL FIN PRO         7.362   6/22/2012      EUR    69.66
VONTOBEL FIN PRO         7.299   6/22/2012      EUR    69.90
VONTOBEL FIN PRO         7.299   6/22/2012      EUR    72.46
VONTOBEL FIN PRO         7.236   6/22/2012      EUR    48.50
VONTOBEL FIN PRO         7.231   6/22/2012      EUR    71.76
VONTOBEL FIN PRO         7.228   6/22/2012      EUR    67.04
VONTOBEL FIN PRO         7.200   6/22/2012      EUR    69.92
VONTOBEL FIN PRO         7.156   6/22/2012      EUR    66.02
VONTOBEL FIN PRO         7.150   6/22/2012      EUR    72.52
VONTOBEL FIN PRO         7.101   6/22/2012      EUR    43.52
VONTOBEL FIN PRO         7.094   6/22/2012      EUR    55.94
VONTOBEL FIN PRO         7.010   6/22/2012      EUR    58.56
VONTOBEL FIN PRO         6.948   6/22/2012      EUR    66.16
VONTOBEL FIN PRO         6.876   6/22/2012      EUR    51.46
VONTOBEL FIN PRO         6.697   6/22/2012      EUR    70.68
VONTOBEL FIN PRO         6.444   6/22/2012      EUR    67.08
VONTOBEL FIN PRO        11.615   6/15/2012      EUR    60.70
VONTOBEL FIN PRO        10.458   6/15/2012      EUR    51.00
VONTOBEL FIN PRO        10.358   6/15/2012      EUR    44.10
VONTOBEL FIN PRO        11.464    6/8/2012      EUR    64.20
VONTOBEL FIN PRO        10.056    6/8/2012      EUR    69.20
VONTOBEL FIN PRO         7.889    6/6/2012      EUR    59.90
VONTOBEL FIN PRO        12.369    6/1/2012      EUR    32.70
VONTOBEL FIN PRO        10.358    6/1/2012      EUR    62.30
VONTOBEL FIN PRO        11.564   5/25/2012      EUR    40.80
VONTOBEL FIN PRO        10.056   5/25/2012      EUR    74.10
VONTOBEL FIN PRO        12.168   5/18/2012      EUR    30.20
VONTOBEL FIN PRO        10.961   5/18/2012      EUR    48.60
VONTOBEL FIN PRO        10.358   5/18/2012      EUR    74.30
VONTOBEL FIN PRO         9.101   5/18/2012      EUR    72.10
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         8.300  12/31/2012      EUR    55.20
VONTOBEL FIN PRO         8.246  12/31/2012      EUR    47.92
VONTOBEL FIN PRO         8.230  12/31/2012      EUR    60.74
VONTOBEL FIN PRO         8.163  12/31/2012      EUR    59.94
VONTOBEL FIN PRO         8.050  12/31/2012      EUR    67.92
VONTOBEL FIN PRO         8.019  12/31/2012      EUR    69.94
VONTOBEL FIN PRO         7.754  12/31/2012      EUR    75.00
VONTOBEL FIN PRO         7.719  12/31/2012      EUR    71.14
VONTOBEL FIN PRO         8.316  12/31/2012      EUR    74.46
VONTOBEL FIN PRO         7.494  12/31/2012      EUR    67.46
VONTOBEL FIN PRO         7.400  12/31/2012      EUR    70.78
VONTOBEL FIN PRO         7.050  12/31/2012      EUR    71.44
VONTOBEL FIN PRO         6.175  12/31/2012      EUR    70.70
VONTOBEL FIN PRO         5.006  12/28/2012      EUR    60.00
VONTOBEL FIN PRO        11.500  12/14/2012      EUR     5.28
VONTOBEL FIN PRO        28.900   9/28/2012      EUR    56.38
VONTOBEL FIN PRO        28.700   9/28/2012      EUR    64.88
VONTOBEL FIN PRO         7.509  12/31/2012      EUR    72.94
VONTOBEL FIN PRO        25.700   9/28/2012      EUR    64.42
VONTOBEL FIN PRO        25.200   9/28/2012      EUR    59.06
VONTOBEL FIN PRO        22.050   9/28/2012      EUR    61.88
VONTOBEL FIN PRO        21.550   9/28/2012      EUR    65.88
VONTOBEL FIN PRO        21.500   9/28/2012      EUR    62.48
VONTOBEL FIN PRO        20.950   9/28/2012      EUR    62.20
VONTOBEL FIN PRO        20.750   9/28/2012      EUR    73.86
VONTOBEL FIN PRO        20.400   9/28/2012      EUR    64.74
VONTOBEL FIN PRO        27.550   9/28/2012      EUR    55.78
VONTOBEL FIN PRO        19.000   9/28/2012      EUR    59.20
VONTOBEL FIN PRO        18.800   9/28/2012      EUR    68.00
VONTOBEL FIN PRO        18.100   9/28/2012      EUR    70.00
VONTOBEL FIN PRO        17.100   9/28/2012      EUR    71.16
VONTOBEL FIN PRO        17.000   9/28/2012      EUR    45.38
VONTOBEL FIN PRO        16.900   9/28/2012      EUR    73.30
VONTOBEL FIN PRO        16.850   9/28/2012      EUR    64.70
VONTOBEL FIN PRO        16.850   9/28/2012      EUR    70.22
VONTOBEL FIN PRO        19.250   9/28/2012      EUR    68.30
VONTOBEL FIN PRO        16.337   9/28/2012      EUR    67.34
VONTOBEL FIN PRO        16.200   9/28/2012      EUR    67.14
VONTOBEL FIN PRO        16.183   9/28/2012      EUR    45.24
VONTOBEL FIN PRO        16.000   9/28/2012      EUR    63.44
VONTOBEL FIN PRO        15.700   9/28/2012      EUR    64.36
VONTOBEL FIN PRO        15.700   9/28/2012      EUR    71.26
VONTOBEL FIN PRO        15.200   9/28/2012      EUR    71.14
VONTOBEL FIN PRO        15.000   9/28/2012      EUR    68.88
VONTOBEL FIN PRO        14.957   9/28/2012      EUR    66.72
VONTOBEL FIN PRO        14.950   9/28/2012      EUR    74.34
VONTOBEL FIN PRO        16.400   9/28/2012      EUR    71.68
VONTOBEL FIN PRO        14.900   9/28/2012      EUR    63.44
VONTOBEL FIN PRO        14.895   9/28/2012      EUR    66.02
VONTOBEL FIN PRO        14.853   9/28/2012      EUR    54.48
VONTOBEL FIN PRO        14.786   9/28/2012      EUR    73.70
VONTOBEL FIN PRO        14.600   9/28/2012      EUR    59.20
VONTOBEL FIN PRO        14.550   9/28/2012      EUR    69.46
VONTOBEL FIN PRO        14.500   9/28/2012      EUR    64.20
VONTOBEL FIN PRO        14.450   9/28/2012      EUR    74.92
VONTOBEL FIN PRO        14.303   9/28/2012      EUR    64.74
VONTOBEL FIN PRO        14.300   9/28/2012      EUR    73.10
VONTOBEL FIN PRO        14.209   9/28/2012      EUR    60.18
VONTOBEL FIN PRO        14.200   9/28/2012      EUR    67.80
VONTOBEL FIN PRO        14.191   9/28/2012      EUR    46.76
VONTOBEL FIN PRO        14.154   9/28/2012      EUR    48.06
VONTOBEL FIN PRO        14.150   9/28/2012      EUR    74.76
VONTOBEL FIN PRO        14.150   9/28/2012      EUR    49.94
VONTOBEL FIN PRO        14.050   9/28/2012      EUR    68.02
VONTOBEL FIN PRO        13.950   9/28/2012      EUR    53.88
VONTOBEL FIN PRO        13.469   9/28/2012      EUR    53.45
VONTOBEL FIN PRO        13.352   9/28/2012      EUR    41.22
VONTOBEL FIN PRO        13.259   9/28/2012      EUR    48.06
VONTOBEL FIN PRO        13.257   9/28/2012      EUR    46.22
VONTOBEL FIN PRO        13.150   9/28/2012      EUR    67.60
VONTOBEL FIN PRO        13.135   9/28/2012      EUR    57.66
VONTOBEL FIN PRO        13.100   9/28/2012      EUR    70.52
VONTOBEL FIN PRO        13.071   9/28/2012      EUR    63.08
VONTOBEL FIN PRO        12.965   9/28/2012      EUR    65.58
VONTOBEL FIN PRO        12.943   9/28/2012      EUR    72.42
VONTOBEL FIN PRO        12.943   9/28/2012      EUR    69.64
VONTOBEL FIN PRO        12.857   9/28/2012      EUR    72.84
VONTOBEL FIN PRO        12.857   9/28/2012      EUR    56.06
VONTOBEL FIN PRO        14.906   9/28/2012      EUR    57.10
VONTOBEL FIN PRO        12.847   9/28/2012      EUR    72.92
VONTOBEL FIN PRO        12.800   9/28/2012      EUR    66.78
VONTOBEL FIN PRO        12.770   9/28/2012      EUR    59.76
VONTOBEL FIN PRO        12.761   9/28/2012      EUR    56.16
VONTOBEL FIN PRO        12.676   9/28/2012      EUR    64.74
VONTOBEL FIN PRO        12.471   9/28/2012      EUR    64.12
VONTOBEL FIN PRO        12.436   9/28/2012      EUR    67.88
VONTOBEL FIN PRO        12.398   9/28/2012      EUR    69.18
VONTOBEL FIN PRO        12.398   9/28/2012      EUR    53.92
VONTOBEL FIN PRO        12.350   9/28/2012      EUR    50.12
VONTOBEL FIN PRO        12.350   9/28/2012      EUR    55.46
VONTOBEL FIN PRO        12.168   9/28/2012      EUR    73.37
VONTOBEL FIN PRO        12.131   9/28/2012      EUR    59.22
VONTOBEL FIN PRO        12.067   9/28/2012      EUR    51.06
VONTOBEL FIN PRO        12.056   9/28/2012      EUR    53.80
VONTOBEL FIN PRO        11.950   9/28/2012      EUR    69.94
VONTOBEL FIN PRO        11.900   9/28/2012      EUR    61.18
VONTOBEL FIN PRO        11.895   9/28/2012      EUR    42.72
VONTOBEL FIN PRO        11.816   9/28/2012      EUR    65.54
VONTOBEL FIN PRO        11.797   9/28/2012      EUR    56.25
VONTOBEL FIN PRO        11.790   9/28/2012      EUR    50.40
VONTOBEL FIN PRO        11.764   9/28/2012      EUR    59.78
VONTOBEL FIN PRO        11.698   9/28/2012      EUR    69.34
VONTOBEL FIN PRO        11.676   9/28/2012      EUR    47.86
VONTOBEL FIN PRO        11.580   9/28/2012      EUR    72.70
VONTOBEL FIN PRO        11.577   9/28/2012      EUR    51.88
VONTOBEL FIN PRO        11.514   9/28/2012      EUR    67.30
VONTOBEL FIN PRO        11.502   9/28/2012      EUR    41.70
VONTOBEL FIN PRO        11.502   9/28/2012      EUR    49.52
VONTOBEL FIN PRO        11.497   9/28/2012      EUR    70.72
VONTOBEL FIN PRO        11.357   9/28/2012      EUR    59.62
VONTOBEL FIN PRO        11.350   9/28/2012      EUR    73.78
VONTOBEL FIN PRO        11.250   9/28/2012      EUR    69.76
VONTOBEL FIN PRO        11.245   9/28/2012      EUR    74.80
VONTOBEL FIN PRO        11.229   9/28/2012      EUR    66.32
VONTOBEL FIN PRO        11.197   9/28/2012      EUR    65.00
VONTOBEL FIN PRO        11.187   9/28/2012      EUR    62.20
VONTOBEL FIN PRO        11.145   9/28/2012      EUR    52.10
VONTOBEL FIN PRO        11.119   9/28/2012      EUR    61.12
VONTOBEL FIN PRO        11.119   9/28/2012      EUR    69.14
VONTOBEL FIN PRO        11.100   9/28/2012      EUR    71.18
VONTOBEL FIN PRO        11.100   9/28/2012      EUR    66.80
VONTOBEL FIN PRO        11.077   9/28/2012      EUR    52.51
VONTOBEL FIN PRO        11.068   9/28/2012      EUR    72.90
VONTOBEL FIN PRO        11.035   9/28/2012      EUR    63.74
VONTOBEL FIN PRO        11.028   9/28/2012      EUR    67.22
VONTOBEL FIN PRO        11.027   9/28/2012      EUR    67.62
VONTOBEL FIN PRO        11.017   9/28/2012      EUR    65.62
VONTOBEL FIN PRO        10.989   9/28/2012      EUR    61.08
VONTOBEL FIN PRO        10.971   9/28/2012      EUR    65.64
VONTOBEL FIN PRO        12.847   9/28/2012      EUR    49.84
VONTOBEL FIN PRO        10.909   9/28/2012      EUR    59.86
VONTOBEL FIN PRO        10.905   9/28/2012      EUR    65.20
VONTOBEL FIN PRO        10.850   9/28/2012      EUR    57.30
VONTOBEL FIN PRO        10.830   9/28/2012      EUR    55.00
VONTOBEL FIN PRO        10.830   9/28/2012      EUR    72.52
VONTOBEL FIN PRO        10.830   9/28/2012      EUR    49.54
VONTOBEL FIN PRO        10.825   9/28/2012      EUR    71.70
VONTOBEL FIN PRO        10.755   9/28/2012      EUR    71.56
VONTOBEL FIN PRO        10.722   9/28/2012      EUR    66.64
VONTOBEL FIN PRO        10.678   9/28/2012      EUR    62.90
VONTOBEL FIN PRO        10.600   9/28/2012      EUR    62.40
VONTOBEL FIN PRO        10.556   9/28/2012      EUR    44.50
VONTOBEL FIN PRO        10.539   9/28/2012      EUR    57.02
VONTOBEL FIN PRO        10.494   9/28/2012      EUR    42.60
VONTOBEL FIN PRO        10.404   9/28/2012      EUR    74.42
VONTOBEL FIN PRO        10.366   9/28/2012      EUR    59.90
VONTOBEL FIN PRO        10.344   9/28/2012      EUR    54.22
VONTOBEL FIN PRO        10.336   9/28/2012      EUR    53.26
VONTOBEL FIN PRO        10.320   9/28/2012      EUR    67.82
VONTOBEL FIN PRO        10.155   9/28/2012      EUR    67.46
VONTOBEL FIN PRO        10.123   9/28/2012      EUR    57.26
VONTOBEL FIN PRO        10.083   9/28/2012      EUR    68.44
VONTOBEL FIN PRO        10.083   9/28/2012      EUR    56.90
VONTOBEL FIN PRO        10.046   9/28/2012      EUR    67.38
VONTOBEL FIN PRO        10.046   9/28/2012      EUR    57.12
VONTOBEL FIN PRO        10.014   9/28/2012      EUR    50.04
VONTOBEL FIN PRO        10.000   9/28/2012      EUR    52.58
VONTOBEL FIN PRO         9.986   9/28/2012      EUR    74.74
VONTOBEL FIN PRO         9.950   9/28/2012      EUR    56.34
VONTOBEL FIN PRO         9.926   9/28/2012      EUR    63.16
VONTOBEL FIN PRO         9.900   9/28/2012      EUR    69.64
VONTOBEL FIN PRO         9.900   9/28/2012      EUR    73.20
VONTOBEL FIN PRO         9.877   9/28/2012      EUR    52.02
VONTOBEL FIN PRO         9.860   9/28/2012      EUR    73.44
VONTOBEL FIN PRO         9.803   9/28/2012      EUR    68.68
VONTOBEL FIN PRO         9.803   9/28/2012      EUR    68.68
VONTOBEL FIN PRO         9.776   9/28/2012      EUR    64.46
VONTOBEL FIN PRO         9.700   9/28/2012      EUR    73.12
VONTOBEL FIN PRO         9.672   9/28/2012      EUR    53.22
VONTOBEL FIN PRO         9.634   9/28/2012      EUR    52.14
VONTOBEL FIN PRO         9.557   9/28/2012      EUR    69.20
VONTOBEL FIN PRO         9.532   9/28/2012      EUR    72.84
VONTOBEL FIN PRO         9.523   9/28/2012      EUR    43.60
VONTOBEL FIN PRO         9.523   9/28/2012      EUR    64.44
VONTOBEL FIN PRO         9.492   9/28/2012      EUR    61.38
VONTOBEL FIN PRO         9.405   9/28/2012      EUR    67.00
VONTOBEL FIN PRO         9.400   9/28/2012      EUR    58.02
VONTOBEL FIN PRO         9.386   9/28/2012      EUR    68.28
VONTOBEL FIN PRO         9.350   9/28/2012      EUR    73.84
VONTOBEL FIN PRO         9.345   9/28/2012      EUR    68.30
VONTOBEL FIN PRO        10.915   9/28/2012      EUR    65.26
VONTOBEL FIN PRO         9.284   9/28/2012      EUR    56.90
VONTOBEL FIN PRO         9.273   9/28/2012      EUR    62.20
VONTOBEL FIN PRO         9.112   9/28/2012      EUR    69.30
VONTOBEL FIN PRO         9.099   9/28/2012      EUR    74.26
VONTOBEL FIN PRO         9.063   9/28/2012      EUR    74.66
VONTOBEL FIN PRO         9.037   9/28/2012      EUR    53.04
VONTOBEL FIN PRO         9.037   9/28/2012      EUR    57.74
VONTOBEL FIN PRO         9.037   9/28/2012      EUR    73.10
VONTOBEL FIN PRO         9.030   9/28/2012      EUR    74.46
VONTOBEL FIN PRO         8.980   9/28/2012      EUR    70.40
VONTOBEL FIN PRO         8.878   9/28/2012      EUR    68.62
VONTOBEL FIN PRO         8.862   9/28/2012      EUR    70.46
VONTOBEL FIN PRO         8.786   9/28/2012      EUR    61.94
VONTOBEL FIN PRO         8.739   9/28/2012      EUR    65.38
VONTOBEL FIN PRO         8.705   9/28/2012      EUR    67.28
VONTOBEL FIN PRO         8.657   9/28/2012      EUR    69.72
VONTOBEL FIN PRO         8.626   9/28/2012      EUR    59.04
VONTOBEL FIN PRO         8.620   9/28/2012      EUR    60.66
VONTOBEL FIN PRO         8.581   9/28/2012      EUR    53.94
VONTOBEL FIN PRO         8.542   9/28/2012      EUR    70.62
VONTOBEL FIN PRO         8.529   9/28/2012      EUR    71.58
VONTOBEL FIN PRO         8.515   9/28/2012      EUR    70.24
VONTOBEL FIN PRO         8.440   9/28/2012      EUR    55.06
VONTOBEL FIN PRO         8.216   9/28/2012      EUR    71.38
VONTOBEL FIN PRO         8.200   9/28/2012      EUR    74.62
VONTOBEL FIN PRO         8.174   9/28/2012      EUR    59.32
VONTOBEL FIN PRO         8.121   9/28/2012      EUR    64.28
VONTOBEL FIN PRO         8.100   9/28/2012      EUR    71.88
VONTOBEL FIN PRO         7.950   9/28/2012      EUR    69.88
VONTOBEL FIN PRO         7.867   9/28/2012      EUR    64.88
VONTOBEL FIN PRO         7.432   9/28/2012      EUR    61.00
VONTOBEL FIN PRO         7.427   9/28/2012      EUR    72.94
VONTOBEL FIN PRO         7.350   9/28/2012      EUR    68.42
VONTOBEL FIN PRO         7.286   9/28/2012      EUR    73.74
VONTOBEL FIN PRO         6.771   9/28/2012      EUR    74.86
VONTOBEL FIN PRO         5.829   9/28/2012      EUR    69.30
VONTOBEL FIN PRO        11.050   8/24/2012      EUR    71.06
VONTOBEL FIN PRO        10.900   8/24/2012      EUR    71.74
VONTOBEL FIN PRO        11.564   8/10/2012      EUR    70.80
VONTOBEL FIN PRO        11.850    8/3/2012      EUR    74.20
VONTOBEL FIN PRO         7.600    8/3/2012      EUR    72.16
VONTOBEL FIN PRO        12.864   7/27/2012      EUR    58.80
VONTOBEL FIN PRO        11.564   7/27/2012      EUR    57.50
VONTOBEL FIN PRO        10.559   7/27/2012      EUR    74.10
VONTOBEL FIN PRO         7.797   7/27/2012      EUR    73.26
VONTOBEL FIN PRO        11.665   7/20/2012      EUR    66.10
VONTOBEL FIN PRO        11.061   7/20/2012      EUR    61.10
VONTOBEL FIN PRO        10.860   7/20/2012      EUR    52.20
VONTOBEL FIN PRO        11.061   7/13/2012      EUR    62.60
VONTOBEL FIN PRO        10.860   7/13/2012      EUR    64.80
VONTOBEL FIN PRO         9.324   9/28/2012      EUR    70.56
VONTOBEL FIN PRO        10.860    7/6/2012      EUR    72.90
VONTOBEL FIN PRO        12.067   6/29/2012      EUR    46.30
VONTOBEL FIN PRO        12.067   6/29/2012      EUR    56.90
VONTOBEL FIN PRO        10.559   6/29/2012      EUR    73.80
VONTOBEL FIN PRO        28.050   6/22/2012      EUR    73.88
VONTOBEL FIN PRO        24.150   6/22/2012      EUR    71.36
VONTOBEL FIN PRO        23.300   6/22/2012      EUR    64.88
VONTOBEL FIN PRO        22.800   6/22/2012      EUR    50.72
VONTOBEL FIN PRO        21.456   6/22/2012      EUR    45.38
VONTOBEL FIN PRO        19.950   6/22/2012      EUR    72.62
VONTOBEL FIN PRO        19.350   6/22/2012      EUR    57.82
VONTOBEL FIN PRO        19.150   6/22/2012      EUR    59.36
VONTOBEL FIN PRO        18.650   6/22/2012      EUR    68.80
VONTOBEL FIN PRO        18.295   6/22/2012      EUR    39.82
VONTOBEL FIN PRO        18.289   6/22/2012      EUR    15.30
VONTOBEL FIN PRO        18.164   6/22/2012      EUR    15.60
VONTOBEL FIN PRO        18.150   6/22/2012      EUR    65.80
VONTOBEL FIN PRO        18.036   6/22/2012      EUR    48.96
VONTOBEL FIN PRO        17.950   6/22/2012      EUR    46.42
VONTOBEL FIN PRO        17.800   6/22/2012      EUR    60.92
VONTOBEL FIN PRO        17.784   6/22/2012      EUR    42.14
VONTOBEL FIN PRO        17.712   6/22/2012      EUR    15.86
VONTOBEL FIN PRO        17.500   6/22/2012      EUR    71.76
VONTOBEL FIN PRO        17.333   6/22/2012      EUR    39.96
VONTOBEL FIN PRO        17.260   6/22/2012      EUR    15.42
VONTOBEL FIN PRO        17.189   6/22/2012      EUR    63.28
VONTOBEL FIN PRO        16.900   6/22/2012      EUR    67.36
VONTOBEL FIN PRO        16.864   6/22/2012      EUR    53.36
VONTOBEL FIN PRO        16.850   6/22/2012      EUR    67.44
VONTOBEL FIN PRO        16.833   6/22/2012      EUR    64.18
VONTOBEL FIN PRO        16.746   6/22/2012      EUR    18.98
VONTOBEL FIN PRO        16.667   6/22/2012      EUR    21.12
VONTOBEL FIN PRO        16.611   6/22/2012      EUR    66.34
VONTOBEL FIN PRO        16.600   6/22/2012      EUR    64.32
VONTOBEL FIN PRO        16.595   6/22/2012      EUR    50.58
VONTOBEL FIN PRO        16.497   6/22/2012      EUR    19.92
VONTOBEL FIN PRO        16.488   6/22/2012      EUR    21.06
VONTOBEL FIN PRO        16.389   6/22/2012      EUR    71.22
VONTOBEL FIN PRO        16.250   6/22/2012      EUR    71.54
VONTOBEL FIN PRO        16.156   6/22/2012      EUR    55.40
VONTOBEL FIN PRO        16.150   6/22/2012      EUR    51.30
VONTOBEL FIN PRO        16.110   6/22/2012      EUR    16.38
VONTOBEL FIN PRO        16.000   6/22/2012      EUR    72.66
VONTOBEL FIN PRO        15.979   6/22/2012      EUR    57.46
VONTOBEL FIN PRO        15.950   6/22/2012      EUR    61.56
VONTOBEL FIN PRO        15.944   6/22/2012      EUR    70.78
VONTOBEL FIN PRO        15.940   6/22/2012      EUR    32.84
VONTOBEL FIN PRO        15.920   6/22/2012      EUR    17.10
VONTOBEL FIN PRO        15.856   6/22/2012      EUR    66.18
VONTOBEL FIN PRO        15.840   6/22/2012      EUR    44.64
VONTOBEL FIN PRO        15.526   6/22/2012      EUR    47.00
VONTOBEL FIN PRO        15.448   6/22/2012      EUR    42.28
VONTOBEL FIN PRO        15.370   6/22/2012      EUR    43.60
VONTOBEL FIN PRO        15.308   6/22/2012      EUR    37.74
VONTOBEL FIN PRO        15.258   6/22/2012      EUR    59.38
VONTOBEL FIN PRO        15.250   6/22/2012      EUR    53.12
VONTOBEL FIN PRO        15.167   6/22/2012      EUR    42.02
VONTOBEL FIN PRO        15.091   6/22/2012      EUR    55.40
VONTOBEL FIN PRO        15.081   6/22/2012      EUR    63.38
VONTOBEL FIN PRO        14.821   6/22/2012      EUR    31.28
VONTOBEL FIN PRO        14.791   6/22/2012      EUR    19.74
VONTOBEL FIN PRO        14.717   6/22/2012      EUR    35.06
VONTOBEL FIN PRO        14.712   6/22/2012      EUR    37.86
VONTOBEL FIN PRO        14.680   6/22/2012      EUR    41.26
VONTOBEL FIN PRO        14.652   6/22/2012      EUR    53.36
VONTOBEL FIN PRO        14.611   6/22/2012      EUR    59.66
VONTOBEL FIN PRO        14.595   6/22/2012      EUR    62.24
VONTOBEL FIN PRO        14.580   6/22/2012      EUR    53.64
VONTOBEL FIN PRO        14.561   6/22/2012      EUR    58.52
VONTOBEL FIN PRO        14.450   6/22/2012      EUR    39.22
VONTOBEL FIN PRO        14.447   6/22/2012      EUR    62.08
VONTOBEL FIN PRO        14.436   6/22/2012      EUR    22.14
VONTOBEL FIN PRO        14.345   6/22/2012      EUR    49.48
VONTOBEL FIN PRO        14.302   6/22/2012      EUR    18.28
VONTOBEL FIN PRO        14.278   6/22/2012      EUR    40.22
VONTOBEL FIN PRO        14.276   6/22/2012      EUR    59.42
VONTOBEL FIN PRO        14.229   6/22/2012      EUR    37.06
VONTOBEL FIN PRO        11.514    7/6/2012      EUR    50.80
VONTOBEL FIN PRO        14.505  12/31/2012      EUR    70.80
VONTOBEL FIN PRO        14.500  12/31/2012      EUR    71.46
VONTOBEL FIN PRO        14.450  12/31/2012      EUR    73.34
VONTOBEL FIN PRO        14.300  12/31/2012      EUR    62.40
VONTOBEL FIN PRO        14.211  12/31/2012      EUR    47.68
VONTOBEL FIN PRO        14.150  12/31/2012      EUR    45.28
VONTOBEL FIN PRO        14.100  12/31/2012      EUR    72.22
VONTOBEL FIN PRO        14.000  12/31/2012      EUR    69.46
VONTOBEL FIN PRO        13.860  12/31/2012      EUR    70.88
VONTOBEL FIN PRO        13.579  12/31/2012      EUR    67.92
VONTOBEL FIN PRO        13.550  12/31/2012      EUR    68.02
VONTOBEL FIN PRO        13.518  12/31/2012      EUR    71.50
VONTOBEL FIN PRO        13.500  12/31/2012      EUR    74.86
VONTOBEL FIN PRO        13.474  12/31/2012      EUR    74.84
VONTOBEL FIN PRO        13.411  12/31/2012      EUR    60.66
VONTOBEL FIN PRO        13.250  12/31/2012      EUR    70.24
VONTOBEL FIN PRO        13.200  12/31/2012      EUR    68.98
VONTOBEL FIN PRO        13.123  12/31/2012      EUR    24.08
VONTOBEL FIN PRO        13.050  12/31/2012      EUR    66.34
VONTOBEL FIN PRO        13.000  12/31/2012      EUR    74.96
VONTOBEL FIN PRO        12.912  12/31/2012      EUR    49.16
VONTOBEL FIN PRO        12.900  12/31/2012      EUR    63.66
VONTOBEL FIN PRO        12.850  12/31/2012      EUR    73.30
VONTOBEL FIN PRO        12.800  12/31/2012      EUR    65.08
VONTOBEL FIN PRO        12.650  12/31/2012      EUR    69.92
VONTOBEL FIN PRO        12.650  12/31/2012      EUR    52.22
VONTOBEL FIN PRO        12.593  12/31/2012      EUR    54.46
VONTOBEL FIN PRO        12.550  12/31/2012      EUR    74.98
VONTOBEL FIN PRO        12.501  12/31/2012      EUR    53.91
VONTOBEL FIN PRO        12.451  12/31/2012      EUR    72.72
VONTOBEL FIN PRO        12.433  12/31/2012      EUR    70.50
VONTOBEL FIN PRO        12.250  12/31/2012      EUR    66.06
VONTOBEL FIN PRO        12.246  12/31/2012      EUR    73.92
VONTOBEL FIN PRO        12.211  12/31/2012      EUR    69.42
VONTOBEL FIN PRO        12.000  12/31/2012      EUR    67.72
VONTOBEL FIN PRO        11.950  12/31/2012      EUR    68.30
VONTOBEL FIN PRO        11.895  12/31/2012      EUR    66.20
VONTOBEL FIN PRO        11.850  12/31/2012      EUR    70.80
VONTOBEL FIN PRO        11.790  12/31/2012      EUR    51.82
VONTOBEL FIN PRO        11.784  12/31/2012      EUR    61.41
VONTOBEL FIN PRO        11.750  12/31/2012      EUR    74.36
VONTOBEL FIN PRO        11.700  12/31/2012      EUR    71.16
VONTOBEL FIN PRO        11.684  12/31/2012      EUR    71.72
VONTOBEL FIN PRO        11.668  12/31/2012      EUR    62.98
VONTOBEL FIN PRO        11.649  12/31/2012      EUR    50.94
VONTOBEL FIN PRO        11.476  12/31/2012      EUR    53.27
VONTOBEL FIN PRO        11.450  12/31/2012      EUR    73.04
VONTOBEL FIN PRO        11.445  12/31/2012      EUR    64.36
VONTOBEL FIN PRO        11.404  12/31/2012      EUR    67.12
VONTOBEL FIN PRO        11.400  12/31/2012      EUR    71.42
VONTOBEL FIN PRO        11.348  12/31/2012      EUR    74.84
VONTOBEL FIN PRO        11.193  12/31/2012      EUR    70.78
VONTOBEL FIN PRO        11.170  12/31/2012      EUR    56.84
VONTOBEL FIN PRO        10.950  12/31/2012      EUR    70.00
VONTOBEL FIN PRO        10.912  12/31/2012      EUR    68.06
VONTOBEL FIN PRO        10.900  12/31/2012      EUR    60.10
VONTOBEL FIN PRO        10.807  12/31/2012      EUR    23.68
VONTOBEL FIN PRO        10.807  12/31/2012      EUR    61.28
VONTOBEL FIN PRO        10.800  12/31/2012      EUR    72.54
VONTOBEL FIN PRO        10.700  12/31/2012      EUR    71.16
VONTOBEL FIN PRO        10.700  12/31/2012      EUR    71.94
VONTOBEL FIN PRO        10.621  12/31/2012      EUR    74.63
VONTOBEL FIN PRO        10.500  12/31/2012      EUR    48.98
VONTOBEL FIN PRO        10.456  12/31/2012      EUR    69.08
VONTOBEL FIN PRO        10.421  12/31/2012      EUR    53.42
VONTOBEL FIN PRO        10.351  12/31/2012      EUR    74.46
VONTOBEL FIN PRO        10.351  12/31/2012      EUR    72.90
VONTOBEL FIN PRO        10.231  12/31/2012      EUR    67.14
VONTOBEL FIN PRO        10.211  12/31/2012      EUR    72.26
VONTOBEL FIN PRO        10.207  12/31/2012      EUR    65.52
VONTOBEL FIN PRO        10.175  12/31/2012      EUR    46.14
VONTOBEL FIN PRO        10.105  12/31/2012      EUR    68.62
VONTOBEL FIN PRO        10.100  12/31/2012      EUR    74.50
VONTOBEL FIN PRO        10.050  12/31/2012      EUR    64.10
VONTOBEL FIN PRO        10.035  12/31/2012      EUR    71.46
VONTOBEL FIN PRO         9.965  12/31/2012      EUR    68.58
VONTOBEL FIN PRO         9.950  12/31/2012      EUR    69.80
VONTOBEL FIN PRO         9.856  12/31/2012      EUR    72.82
VONTOBEL FIN PRO         9.850  12/31/2012      EUR    72.48
VONTOBEL FIN PRO         9.841  12/31/2012      EUR    56.78
VONTOBEL FIN PRO         9.825  12/31/2012      EUR    66.84
VONTOBEL FIN PRO         9.800  12/31/2012      EUR    72.46
VONTOBEL FIN PRO         9.754  12/31/2012      EUR    63.14
VONTOBEL FIN PRO         9.754  12/31/2012      EUR    46.44
VONTOBEL FIN PRO         9.700  12/31/2012      EUR    60.00
VONTOBEL FIN PRO         9.700  12/31/2012      EUR    72.26
VONTOBEL FIN PRO         9.605  12/31/2012      EUR    68.72
VONTOBEL FIN PRO         9.509  12/31/2012      EUR    69.78
VONTOBEL FIN PRO         9.400  12/31/2012      EUR    72.80
VONTOBEL FIN PRO         9.333  12/31/2012      EUR    72.76
VONTOBEL FIN PRO         9.250  12/31/2012      EUR    52.60
VONTOBEL FIN PRO         9.193  12/31/2012      EUR    46.96
VONTOBEL FIN PRO         9.123  12/31/2012      EUR    55.34
VONTOBEL FIN PRO         8.950  12/31/2012      EUR    61.24
VONTOBEL FIN PRO         8.950  12/31/2012      EUR    73.80
VONTOBEL FIN PRO         8.912  12/31/2012      EUR    70.98
VONTOBEL FIN PRO         8.895  12/31/2012      EUR    65.08
VONTOBEL FIN PRO         8.877  12/31/2012      EUR    64.12
VONTOBEL FIN PRO         8.842  12/31/2012      EUR    73.12
VONTOBEL FIN PRO         8.737  12/31/2012      EUR    65.24
VONTOBEL FIN PRO         8.737  12/31/2012      EUR    68.88
VONTOBEL FIN PRO         8.702  12/31/2012      EUR    70.66
VONTOBEL FIN PRO         8.650  12/31/2012      EUR    74.66
VONTOBEL FIN PRO         8.526  12/31/2012      EUR    23.48
VONTOBEL FIN PRO        14.201   6/22/2012      EUR    31.06
VONTOBEL FIN PRO        14.172   6/22/2012      EUR    56.78
VONTOBEL FIN PRO        14.167   6/22/2012      EUR    68.38
VONTOBEL FIN PRO        14.160   6/22/2012      EUR    17.74
VONTOBEL FIN PRO        14.150   6/22/2012      EUR    65.06
VONTOBEL FIN PRO        14.061   6/22/2012      EUR    53.82
VONTOBEL FIN PRO        14.000   6/22/2012      EUR    53.30
VONTOBEL FIN PRO        14.000   6/22/2012      EUR    44.52
VONTOBEL FIN PRO        13.980   6/22/2012      EUR    50.48
VONTOBEL FIN PRO        13.974   6/22/2012      EUR    62.82
VONTOBEL FIN PRO        13.973   6/22/2012      EUR    66.21
VONTOBEL FIN PRO        13.968   6/22/2012      EUR    56.54
VONTOBEL FIN PRO        13.961   6/22/2012      EUR    68.18
VONTOBEL FIN PRO        13.944   6/22/2012      EUR    70.66
VONTOBEL FIN PRO        13.886   6/22/2012      EUR    52.92
VONTOBEL FIN PRO        13.860   6/22/2012      EUR    47.54
VONTOBEL FIN PRO        13.846   6/22/2012      EUR    52.96
VONTOBEL FIN PRO        13.832   6/22/2012      EUR    53.42
VONTOBEL FIN PRO        13.832   6/22/2012      EUR    35.58
VONTOBEL FIN PRO        13.829   6/22/2012      EUR    47.54
VONTOBEL FIN PRO        13.812   6/22/2012      EUR    44.88
VONTOBEL FIN PRO        13.803   6/22/2012      EUR    43.32
VONTOBEL FIN PRO        13.800   6/22/2012      EUR    65.50
VONTOBEL FIN PRO        13.792   6/22/2012      EUR    51.18
VONTOBEL FIN PRO        13.778   6/22/2012      EUR    60.84
VONTOBEL FIN PRO        13.758   6/22/2012      EUR    30.00
VONTOBEL FIN PRO        13.748   6/22/2012      EUR    38.56
VONTOBEL FIN PRO        13.748   6/22/2012      EUR    59.26
VONTOBEL FIN PRO        13.700   6/22/2012      EUR    64.62
VONTOBEL FIN PRO        13.667   6/22/2012      EUR    66.46
VONTOBEL FIN PRO        13.650   6/22/2012      EUR    56.06
VONTOBEL FIN PRO        13.627   6/22/2012      EUR    70.04
VONTOBEL FIN PRO        13.615   6/22/2012      EUR    48.04
VONTOBEL FIN PRO        13.556   6/22/2012      EUR    72.40
VONTOBEL FIN PRO        13.536   6/22/2012      EUR    33.62
VONTOBEL FIN PRO        13.522   6/22/2012      EUR    51.98
VONTOBEL FIN PRO        13.521   6/22/2012      EUR    39.36
VONTOBEL FIN PRO        13.500   6/22/2012      EUR    32.56
VONTOBEL FIN PRO        13.463   6/22/2012      EUR    30.72
VONTOBEL FIN PRO        13.461   6/22/2012      EUR    65.90
VONTOBEL FIN PRO        13.388   6/22/2012      EUR    65.90
VONTOBEL FIN PRO        13.355   6/22/2012      EUR    43.00
VONTOBEL FIN PRO        13.343   6/22/2012      EUR    51.08
VONTOBEL FIN PRO        13.293   6/22/2012      EUR    60.10
VONTOBEL FIN PRO        13.288   6/22/2012      EUR    39.56
VONTOBEL FIN PRO        13.283   6/22/2012      EUR    40.20
VONTOBEL FIN PRO        13.253   6/22/2012      EUR    42.54
VONTOBEL FIN PRO        13.224   6/22/2012      EUR    53.90
VONTOBEL FIN PRO        13.208   6/22/2012      EUR    44.44
VONTOBEL FIN PRO        13.200   6/22/2012      EUR    64.14
VONTOBEL FIN PRO        13.150   6/22/2012      EUR    43.20
VONTOBEL FIN PRO        13.150   6/22/2012      EUR    73.12
VONTOBEL FIN PRO        13.111   6/22/2012      EUR    44.34
VONTOBEL FIN PRO        13.084   6/22/2012      EUR    58.16
VONTOBEL FIN PRO        13.055   6/22/2012      EUR    73.12
VONTOBEL FIN PRO        13.035   6/22/2012      EUR    68.56
VONTOBEL FIN PRO        13.032   6/22/2012      EUR    32.52
VONTOBEL FIN PRO        13.027   6/22/2012      EUR    72.96
VONTOBEL FIN PRO        13.024   6/22/2012      EUR    64.40
VONTOBEL FIN PRO        13.000   6/22/2012      EUR    22.04
VONTOBEL FIN PRO        12.964   6/22/2012      EUR    57.10
VONTOBEL FIN PRO        12.926   6/22/2012      EUR    67.66
VONTOBEL FIN PRO        12.890   6/22/2012      EUR    73.22
VONTOBEL FIN PRO        12.880   6/22/2012      EUR    62.54
VONTOBEL FIN PRO        12.878   6/22/2012      EUR    66.16
VONTOBEL FIN PRO        12.870   6/22/2012      EUR    55.90
VONTOBEL FIN PRO        12.857   6/22/2012      EUR    73.10
VONTOBEL FIN PRO        12.830   6/22/2012      EUR    35.60
VONTOBEL FIN PRO        12.799   6/22/2012      EUR    58.10
VONTOBEL FIN PRO        12.740   6/22/2012      EUR    71.84
VONTOBEL FIN PRO        12.716   6/22/2012      EUR    35.66
VONTOBEL FIN PRO        12.689   6/22/2012      EUR    55.62
VONTOBEL FIN PRO        12.685   6/22/2012      EUR    40.14
VONTOBEL FIN PRO        12.679   6/22/2012      EUR    56.05
VONTOBEL FIN PRO        12.672   6/22/2012      EUR    36.90
VONTOBEL FIN PRO        12.672   6/22/2012      EUR    66.52
VONTOBEL FIN PRO        12.667   6/22/2012      EUR    66.30
VONTOBEL FIN PRO        12.652   6/22/2012      EUR    62.00
VONTOBEL FIN PRO        12.627   6/22/2012      EUR    40.68
VONTOBEL FIN PRO        12.623   6/22/2012      EUR    33.06
VONTOBEL FIN PRO        12.600   6/22/2012      EUR    56.06
VONTOBEL FIN PRO        12.595   6/22/2012      EUR    47.16
VONTOBEL FIN PRO        12.578   6/22/2012      EUR    37.52
VONTOBEL FIN PRO        12.578   6/22/2012      EUR    61.78
VONTOBEL FIN PRO        12.550   6/22/2012      EUR    71.62
VONTOBEL FIN PRO        12.547   6/22/2012      EUR    62.86
VONTOBEL FIN PRO        12.544   6/22/2012      EUR    41.64
VONTOBEL FIN PRO        12.537   6/22/2012      EUR    49.30
VONTOBEL FIN PRO        12.536   6/22/2012      EUR    54.86
VONTOBEL FIN PRO        12.532   6/22/2012      EUR    58.22
VONTOBEL FIN PRO        12.520   6/22/2012      EUR    50.13
VONTOBEL FIN PRO        12.512   6/22/2012      EUR    49.10
VONTOBEL FIN PRO        12.500   6/22/2012      EUR    63.28
VONTOBEL FIN PRO        12.500   6/22/2012      EUR    72.36
VONTOBEL FIN PRO        12.472   6/22/2012      EUR    69.36
VONTOBEL FIN PRO        12.462   6/22/2012      EUR    62.86
VONTOBEL FIN PRO        12.456   6/22/2012      EUR    55.14
VONTOBEL FIN PRO        12.451   6/22/2012      EUR    49.86
VONTOBEL FIN PRO        12.420   6/22/2012      EUR    23.44
VONTOBEL FIN PRO        12.403   6/22/2012      EUR    66.16
VONTOBEL FIN PRO        12.398   6/22/2012      EUR    62.44
VONTOBEL FIN PRO        12.393   6/22/2012      EUR    58.24
VONTOBEL FIN PRO        12.389   6/22/2012      EUR    42.20
VONTOBEL FIN PRO        12.382   6/22/2012      EUR    52.64
VONTOBEL FIN PRO        12.352   6/22/2012      EUR    54.86
VONTOBEL FIN PRO        12.348   6/22/2012      EUR    61.74
VONTOBEL FIN PRO        12.343   6/22/2012      EUR    39.48
VONTOBEL FIN PRO        12.340   6/22/2012      EUR    40.16
VONTOBEL FIN PRO        12.340   6/22/2012      EUR    60.27
VONTOBEL FIN PRO        12.334   6/22/2012      EUR    71.86
VONTOBEL FIN PRO        12.323   6/22/2012      EUR    34.54
VONTOBEL FIN PRO        12.306   6/22/2012      EUR    70.68
VONTOBEL FIN PRO        12.303   6/22/2012      EUR    71.96
VONTOBEL FIN PRO        12.300   6/22/2012      EUR    53.30
VONTOBEL FIN PRO        12.298   6/22/2012      EUR    45.48
VONTOBEL FIN PRO        12.276   6/22/2012      EUR    46.92
VONTOBEL FIN PRO        12.264   6/22/2012      EUR    71.62
VONTOBEL FIN PRO        12.260   6/22/2012      EUR    52.60
VONTOBEL FIN PRO        12.247   6/22/2012      EUR    48.90
VONTOBEL FIN PRO        12.226   6/22/2012      EUR    18.04
VONTOBEL FIN PRO        12.216   6/22/2012      EUR    57.14
VONTOBEL FIN PRO        12.204   6/22/2012      EUR    42.12
VONTOBEL FIN PRO        12.168   6/22/2012      EUR    50.72
VONTOBEL FIN PRO        12.164   6/22/2012      EUR    62.40
VONTOBEL FIN PRO        12.162   6/22/2012      EUR    66.34
VONTOBEL FIN PRO        12.148   6/22/2012      EUR    69.24
VONTOBEL FIN PRO        12.144   6/22/2012      EUR    60.14
VONTOBEL FIN PRO        12.123   6/22/2012      EUR    48.70
VONTOBEL FIN PRO        12.118   6/22/2012      EUR    66.10
VONTOBEL FIN PRO        12.117   6/22/2012      EUR    35.58
VONTOBEL FIN PRO        12.111   6/22/2012      EUR    63.38
VONTOBEL FIN PRO        12.103   6/22/2012      EUR    53.11
VONTOBEL FIN PRO        12.091   6/22/2012      EUR    71.60
VONTOBEL FIN PRO        12.038   6/22/2012      EUR    66.65
VONTOBEL FIN PRO        12.025   6/22/2012      EUR    69.08
VONTOBEL FIN PRO        12.017   6/22/2012      EUR    57.40
VONTOBEL FIN PRO        12.013   6/22/2012      EUR    40.62
VONTOBEL FIN PRO        12.000   6/22/2012      EUR    68.38
VONTOBEL FIN PRO        12.000   6/22/2012      EUR    54.40
VONTOBEL FIN PRO        12.000   6/22/2012      EUR    63.70
VONTOBEL FIN PRO        11.983   6/22/2012      EUR    68.42
VONTOBEL FIN PRO        11.967   6/22/2012      EUR    47.12
VONTOBEL FIN PRO        11.959   6/22/2012      EUR    74.04
VONTOBEL FIN PRO        11.955   6/22/2012      EUR    35.06
VONTOBEL FIN PRO        11.952   6/22/2012      EUR    50.90
VONTOBEL FIN PRO        11.944   6/22/2012      EUR    57.28
VONTOBEL FIN PRO        11.917   6/22/2012      EUR    63.52
VONTOBEL FIN PRO        11.910   6/22/2012      EUR    52.92
VONTOBEL FIN PRO        11.900   6/22/2012      EUR    67.00
VONTOBEL FIN PRO        11.888   6/22/2012      EUR    70.38
VONTOBEL FIN PRO        11.877   6/22/2012      EUR    71.35
VONTOBEL FIN PRO        11.867   6/22/2012      EUR    72.48
VONTOBEL FIN PRO        11.844   6/22/2012      EUR    55.18
VONTOBEL FIN PRO        11.819   6/22/2012      EUR    61.76
VONTOBEL FIN PRO        11.811   6/22/2012      EUR    40.06
VONTOBEL FIN PRO        11.808   6/22/2012      EUR    59.18
VONTOBEL FIN PRO        11.807   6/22/2012      EUR    50.58
VONTOBEL FIN PRO        11.807   6/22/2012      EUR    53.84
VONTOBEL FIN PRO        11.800   6/22/2012      EUR    66.44
VONTOBEL FIN PRO        11.791   6/22/2012      EUR    63.68
VONTOBEL FIN PRO        11.778   6/22/2012      EUR    42.72
VONTOBEL FIN PRO        11.776   6/22/2012      EUR    73.24
VONTOBEL FIN PRO        11.774   6/22/2012      EUR    44.06
VONTOBEL FIN PRO        11.755   6/22/2012      EUR    74.34
VONTOBEL FIN PRO        11.750   6/22/2012      EUR    46.32
VONTOBEL FIN PRO        11.736   6/22/2012      EUR    35.50
VONTOBEL FIN PRO        11.713   6/22/2012      EUR    71.06
VONTOBEL FIN PRO        11.705   6/22/2012      EUR    42.41
VONTOBEL FIN PRO        11.693   6/22/2012      EUR    41.90
VONTOBEL FIN PRO        11.647   6/22/2012      EUR    74.98
VONTOBEL FIN PRO        11.622   6/22/2012      EUR    58.26
VONTOBEL FIN PRO        11.614   6/22/2012      EUR    47.74
VONTOBEL FIN PRO        11.600   6/22/2012      EUR    51.34
VONTOBEL FIN PRO        11.591   6/22/2012      EUR    62.40
VONTOBEL FIN PRO        11.586   6/22/2012      EUR    53.43
VONTOBEL FIN PRO        11.585   6/22/2012      EUR    66.96
VONTOBEL FIN PRO        11.582   6/22/2012      EUR    56.30
VONTOBEL FIN PRO        11.581   6/22/2012      EUR    49.32
VONTOBEL FIN PRO        11.566   6/22/2012      EUR    44.38
VONTOBEL FIN PRO        11.560   6/22/2012      EUR    36.00
VONTOBEL FIN PRO        11.554   6/22/2012      EUR    61.78
VONTOBEL FIN PRO        11.554   6/22/2012      EUR    68.62
VONTOBEL FIN PRO        11.550   6/22/2012      EUR    68.08
VONTOBEL FIN PRO        11.546   6/22/2012      EUR    71.30
VONTOBEL FIN PRO        11.545   6/22/2012      EUR    72.74
VONTOBEL FIN PRO        11.534   6/22/2012      EUR    56.52
VONTOBEL FIN PRO        11.534   6/22/2012      EUR    72.26
VONTOBEL FIN PRO        11.533   6/22/2012      EUR    69.94
VONTOBEL FIN PRO        11.514   6/22/2012      EUR    69.88
VONTOBEL FIN PRO        11.484   6/22/2012      EUR    58.82
VONTOBEL FIN PRO        11.463   6/22/2012      EUR    73.54
VONTOBEL FIN PRO        11.455   6/22/2012      EUR    46.54
VONTOBEL FIN PRO        11.443   6/22/2012      EUR    64.88
VONTOBEL FIN PRO        11.430   6/22/2012      EUR    70.94
VONTOBEL FIN PRO        11.425   6/22/2012      EUR    62.56
VONTOBEL FIN PRO        11.425   6/22/2012      EUR    48.16
VONTOBEL FIN PRO        11.422   6/22/2012      EUR    42.68
VONTOBEL FIN PRO        11.409   6/22/2012      EUR    58.98
VONTOBEL FIN PRO        11.405   6/22/2012      EUR    70.32
VONTOBEL FIN PRO        11.405   6/22/2012      EUR    67.44
VONTOBEL FIN PRO        11.396   6/22/2012      EUR    50.19
VONTOBEL FIN PRO        11.394   6/22/2012      EUR    70.58
VONTOBEL FIN PRO        11.389   6/22/2012      EUR    64.74
VONTOBEL FIN PRO        11.389   6/22/2012      EUR    64.76
VONTOBEL FIN PRO        11.388   6/22/2012      EUR    72.88
VONTOBEL FIN PRO        11.377   6/22/2012      EUR    43.94
VONTOBEL FIN PRO        11.366   6/22/2012      EUR    54.12
VONTOBEL FIN PRO        11.361   6/22/2012      EUR    46.12
VONTOBEL FIN PRO        11.356   6/22/2012      EUR    60.22
VONTOBEL FIN PRO        11.350   6/22/2012      EUR    70.08
VONTOBEL FIN PRO        11.342   6/22/2012      EUR    70.38
VONTOBEL FIN PRO        11.333   6/22/2012      EUR    70.32
VONTOBEL FIN PRO        11.328   6/22/2012      EUR    61.46
VONTOBEL FIN PRO        11.319   6/22/2012      EUR    41.60
VONTOBEL FIN PRO        11.314   6/22/2012      EUR    73.48
VONTOBEL FIN PRO        11.305   6/22/2012      EUR    71.54
VONTOBEL FIN PRO        11.304   6/22/2012      EUR    50.84
VONTOBEL FIN PRO        11.296   6/22/2012      EUR    60.76
VONTOBEL FIN PRO        11.287   6/22/2012      EUR    64.18
VONTOBEL FIN PRO        11.283   6/22/2012      EUR    40.02
VONTOBEL FIN PRO        11.239   6/22/2012      EUR    74.94
VONTOBEL FIN PRO        11.238   6/22/2012      EUR    44.80
VONTOBEL FIN PRO        11.237   6/22/2012      EUR    70.30
VONTOBEL FIN PRO        11.227   6/22/2012      EUR    73.20
VONTOBEL FIN PRO        11.219   6/22/2012      EUR    60.03
VONTOBEL FIN PRO        11.219   6/22/2012      EUR    54.36
VONTOBEL FIN PRO        11.194   6/22/2012      EUR    70.36
VONTOBEL FIN PRO        11.194   6/22/2012      EUR    65.80
VONTOBEL FIN PRO        11.138   6/22/2012      EUR    69.58
VONTOBEL FIN PRO        11.135   6/22/2012      EUR    66.76
VONTOBEL FIN PRO        11.130   6/22/2012      EUR    70.67
VONTOBEL FIN PRO        11.129   6/22/2012      EUR    65.04
VONTOBEL FIN PRO        11.123   6/22/2012      EUR    71.84
VONTOBEL FIN PRO        11.117   6/22/2012      EUR    68.64
VONTOBEL FIN PRO        11.103   6/22/2012      EUR    61.40
VONTOBEL FIN PRO        11.098   6/22/2012      EUR    64.84
VONTOBEL FIN PRO        11.080   6/22/2012      EUR    61.64
VONTOBEL FIN PRO        11.080   6/22/2012      EUR    71.32
VONTOBEL FIN PRO        11.056   6/22/2012      EUR    65.08
VONTOBEL FIN PRO        11.052   6/22/2012      EUR    40.52
VONTOBEL FIN PRO        11.032   6/22/2012      EUR    73.48
VONTOBEL FIN PRO        11.029   6/22/2012      EUR    59.42
VONTOBEL FIN PRO        11.019   6/22/2012      EUR    56.60
VONTOBEL FIN PRO        11.014   6/22/2012      EUR    73.11
VONTOBEL FIN PRO        10.980   6/22/2012      EUR    64.02
VONTOBEL FIN PRO        10.970   6/22/2012      EUR    70.68
VONTOBEL FIN PRO        10.955   6/22/2012      EUR    64.84
VONTOBEL FIN PRO        10.953   6/22/2012      EUR    74.92
VONTOBEL FIN PRO        10.925   6/22/2012      EUR    48.64
VONTOBEL FIN PRO        10.925   6/22/2012      EUR    68.96
VONTOBEL FIN PRO        10.925   6/22/2012      EUR    48.66
VONTOBEL FIN PRO        10.920   6/22/2012      EUR    36.30
VONTOBEL FIN PRO        10.918   6/22/2012      EUR    72.20
VONTOBEL FIN PRO        10.909   6/22/2012      EUR    34.90
VONTOBEL FIN PRO        10.890   6/22/2012      EUR    73.90
VONTOBEL FIN PRO        10.878   6/22/2012      EUR    60.06
VONTOBEL FIN PRO        10.850   6/22/2012      EUR    71.00
VONTOBEL FIN PRO        10.847   6/22/2012      EUR    57.32
VONTOBEL FIN PRO        10.837   6/22/2012      EUR    73.92
VONTOBEL FIN PRO        10.833   6/22/2012      EUR    69.02
VONTOBEL FIN PRO        10.833   6/22/2012      EUR    43.54
VONTOBEL FIN PRO        10.818   6/22/2012      EUR    72.70
VONTOBEL FIN PRO        10.800   6/22/2012      EUR    36.00
VONTOBEL FIN PRO        10.791   6/22/2012      EUR    68.40
VONTOBEL FIN PRO        10.781   6/22/2012      EUR    69.54
VONTOBEL FIN PRO        10.779   6/22/2012      EUR    55.76
VONTOBEL FIN PRO        10.761   6/22/2012      EUR    60.16
VONTOBEL FIN PRO        10.760   6/22/2012      EUR    66.16
VONTOBEL FIN PRO        10.759   6/22/2012      EUR    65.19
VONTOBEL FIN PRO        10.757   6/22/2012      EUR    72.86
VONTOBEL FIN PRO        10.757   6/22/2012      EUR    50.26
VONTOBEL FIN PRO        10.755   6/22/2012      EUR    74.84
VONTOBEL FIN PRO        10.726   6/22/2012      EUR    43.84
VONTOBEL FIN PRO        10.724   6/22/2012      EUR    49.88
VONTOBEL FIN PRO        10.720   6/22/2012      EUR    74.76
VONTOBEL FIN PRO        10.703   6/22/2012      EUR    69.44
VONTOBEL FIN PRO        10.697   6/22/2012      EUR    73.72
VONTOBEL FIN PRO        10.668   6/22/2012      EUR    65.88
VONTOBEL FIN PRO        10.660   6/22/2012      EUR    40.60
VONTOBEL FIN PRO        10.642   6/22/2012      EUR    56.05
VONTOBEL FIN PRO        10.620   6/22/2012      EUR    57.54
VONTOBEL FIN PRO        10.612   6/22/2012      EUR    65.66
VONTOBEL FIN PRO        10.607   6/22/2012      EUR    46.52
VONTOBEL FIN PRO        10.577   6/22/2012      EUR    55.04
VONTOBEL FIN PRO        10.567   6/22/2012      EUR    54.94
VONTOBEL FIN PRO        10.556   6/22/2012      EUR    69.18
VONTOBEL FIN PRO        10.548   6/22/2012      EUR    48.66
VONTOBEL FIN PRO        10.528   6/22/2012      EUR    60.09
VONTOBEL FIN PRO        10.520   6/22/2012      EUR    35.14
VONTOBEL FIN PRO        10.500   6/22/2012      EUR    47.52
VONTOBEL FIN PRO        10.490   6/22/2012      EUR    43.44
VONTOBEL FIN PRO        10.486   6/22/2012      EUR    36.96
VONTOBEL FIN PRO        10.479   6/22/2012      EUR    71.22
VONTOBEL FIN PRO        10.478   6/22/2012      EUR    66.22
VONTOBEL FIN PRO        10.476   6/22/2012      EUR    25.04
VONTOBEL FIN PRO        10.458   6/22/2012      EUR    60.60
VONTOBEL FIN PRO        10.440   6/22/2012      EUR    61.62
VONTOBEL FIN PRO        10.439   6/22/2012      EUR    41.68
VONTOBEL FIN PRO        10.438   6/22/2012      EUR    62.90
VONTOBEL FIN PRO        10.415   6/22/2012      EUR    66.49
VONTOBEL FIN PRO        10.402   6/22/2012      EUR    52.10
VONTOBEL FIN PRO        10.389   6/22/2012      EUR    70.48
VONTOBEL FIN PRO        10.371   6/22/2012      EUR    54.56
VONTOBEL FIN PRO        10.364   6/22/2012      EUR    66.92
VONTOBEL FIN PRO        10.364   6/22/2012      EUR    66.92
VONTOBEL FIN PRO        10.333   6/22/2012      EUR    66.34
VONTOBEL FIN PRO        10.325   6/22/2012      EUR    63.78
VONTOBEL FIN PRO        10.311   6/22/2012      EUR    74.98
VONTOBEL FIN PRO        10.293   6/22/2012      EUR    74.20
VONTOBEL FIN PRO        10.286   6/22/2012      EUR    68.06
VONTOBEL FIN PRO        10.278   6/22/2012      EUR    44.10
VONTOBEL FIN PRO        10.274   6/22/2012      EUR    66.50
VONTOBEL FIN PRO        10.273   6/22/2012      EUR    52.08
VONTOBEL FIN PRO        10.272   6/22/2012      EUR    72.76
VONTOBEL FIN PRO        10.264   6/22/2012      EUR    50.37
VONTOBEL FIN PRO         5.100   4/14/2014      EUR    42.20
VONTOBEL FIN PRO         5.474   3/17/2014      EUR    71.70
VONTOBEL FIN PRO         7.389  11/25/2013      EUR    33.50
VONTOBEL FIN PRO         8.000   6/28/2013      EUR    72.42
VONTOBEL FIN PRO         6.000   6/28/2013      EUR    61.92
VONTOBEL FIN PRO         4.000   6/28/2013      EUR    51.84
VONTOBEL FIN PRO        20.900   3/22/2013      EUR    70.20
VONTOBEL FIN PRO        18.350   3/22/2013      EUR    74.40
VONTOBEL FIN PRO        17.950   3/22/2013      EUR    73.62
VONTOBEL FIN PRO        17.400   3/22/2013      EUR    62.92
VONTOBEL FIN PRO        14.500   3/22/2013      EUR    65.14
VONTOBEL FIN PRO        13.150   3/22/2013      EUR    74.94
VONTOBEL FIN PRO        12.000   3/22/2013      EUR    73.30
VONTOBEL FIN PRO        11.850   3/22/2013      EUR    68.44
VONTOBEL FIN PRO        11.150   3/22/2013      EUR    65.50
VONTOBEL FIN PRO         9.500   3/22/2013      EUR    72.12
VONTOBEL FIN PRO         8.850   3/22/2013      EUR    68.56
VONTOBEL FIN PRO         8.550   3/22/2013      EUR    72.12
VONTOBEL FIN PRO         6.800   3/22/2013      EUR    74.50
VONTOBEL FIN PRO         6.750   3/22/2013      EUR    72.48
VONTOBEL FIN PRO        10.100    3/8/2013      EUR    67.30
VONTOBEL FIN PRO        10.930    1/2/2013      EUR    44.58
VONTOBEL FIN PRO        10.093    1/2/2013      EUR    70.81
VONTOBEL FIN PRO         8.987    1/2/2013      EUR    36.01
VONTOBEL FIN PRO         8.069    1/2/2013      EUR    69.33
VONTOBEL FIN PRO         8.042    1/2/2013      EUR    64.86
VONTOBEL FIN PRO        28.250  12/31/2012      EUR    53.72
VONTOBEL FIN PRO        27.600  12/31/2012      EUR    56.14
VONTOBEL FIN PRO        24.900  12/31/2012      EUR    66.58
VONTOBEL FIN PRO        24.700  12/31/2012      EUR    57.52
VONTOBEL FIN PRO        22.600  12/31/2012      EUR    55.86
VONTOBEL FIN PRO        21.800  12/31/2012      EUR    60.38
VONTOBEL FIN PRO        21.200  12/31/2012      EUR    72.72
VONTOBEL FIN PRO        18.900  12/31/2012      EUR    68.14
VONTOBEL FIN PRO        18.850  12/31/2012      EUR    62.94
VONTOBEL FIN PRO        18.750  12/31/2012      EUR    73.80
VONTOBEL FIN PRO        17.100  12/31/2012      EUR    61.66
VONTOBEL FIN PRO        17.050  12/31/2012      EUR    70.10
VONTOBEL FIN PRO        16.950  12/31/2012      EUR    71.74
VONTOBEL FIN PRO        16.850  12/31/2012      EUR    58.00
VONTOBEL FIN PRO        16.350  12/31/2012      EUR    63.36
VONTOBEL FIN PRO        15.250  12/31/2012      EUR    72.34
VONTOBEL FIN PRO        14.850  12/31/2012      EUR    72.44
VONTOBEL FIN PRO        14.750  12/31/2012      EUR    66.52
WESTLB AG                5.000   4/12/2016      EUR    29.01
WESTLB AG                6.000   6/21/2012      EUR    63.64
WESTLB AG                6.000   6/21/2012      EUR    62.46
WESTLB AG                5.250   5/21/2012      EUR    57.66
WESTLB AG                8.500   6/21/2012      EUR    72.15
WESTLB AG                7.000   6/21/2012      EUR    59.30
WESTLB AG                6.750   7/30/2012      EUR    61.79
WESTLB AG                0.075   9/27/2012      EUR    64.76
WESTLB AG                0.075   9/27/2012      EUR    74.09
WESTLB AG                0.075   9/27/2012      EUR    69.94
WESTLB AG                0.075   9/27/2012      EUR    61.44
WESTLB AG                0.100   9/27/2012      EUR    47.31
WESTLB AG                0.100   9/27/2012      EUR    73.21
WESTLB AG                0.100   9/27/2012      EUR    60.62
WESTLB AG                8.500   6/21/2012      EUR    52.07
WESTLB AG                7.000   6/21/2012      EUR    72.08
WESTLB AG                8.500   6/21/2012      EUR    56.23
WGZ BANK                 7.000  12/20/2012      EUR    70.35
WGZ BANK                 8.000  12/20/2012      EUR    68.78
WGZ BANK                 7.000  12/21/2012      EUR    71.33
WGZ BANK                 8.000  12/21/2012      EUR    69.56
WGZ BANK                 8.000   6/13/2012      EUR    35.73
WGZ BANK                 4.000   6/21/2012      EUR    73.40
WGZ BANK                 4.000   6/13/2012      EUR    45.69
WGZ BANK                 5.000   6/13/2012      EUR    41.00
WGZ BANK                 6.000   6/13/2012      EUR    39.06
WGZ BANK                 7.000  12/28/2012      EUR    62.95
WGZ BANK                 8.000  12/28/2012      EUR    59.76
WGZ BANK                 6.000  12/28/2012      EUR    66.62
WGZ BANK                 7.000   6/13/2012      EUR    37.31
WGZ BANK                 5.000   6/21/2012      EUR    70.43
WGZ BANK                 6.000   6/21/2012      EUR    67.70
WGZ BANK                 7.000   6/21/2012      EUR    65.19
WGZ BANK                 8.000   6/21/2012      EUR    62.88
WGZ BANK                 6.000  12/20/2012      EUR    74.46
WGZ BANK                 5.000  12/28/2012      EUR    70.85

GREECE
------
HELLENIC REPUB           6.140   4/14/2028      EUR    18.00
HELLENIC REPUB           5.200   7/17/2034      EUR    15.75
HELLENIC REPUB           2.125    7/5/2013      CHF    32.25
HELLENIC REPUB           4.625   6/25/2013      USD    28.75
HELLENIC REPUB           5.000   3/11/2019      EUR    27.63
NATL BK GREECE           3.875   10/7/2016      EUR    70.09
YIOULA GLASSWORK         9.000   12/1/2015      EUR    47.50
YIOULA GLASSWORK         9.000   12/1/2015      EUR    47.63

GUERNSEY
--------
AMDOCS LIMITED           0.500   3/15/2024      USD    75.00
BCV GUERNSEY             9.100   5/25/2012      CHF    60.68
BCV GUERNSEY             8.020    3/1/2013      EUR    66.74
BCV GUERNSEY             8.500   5/25/2012      EUR    54.68
BCV GUERNSEY             8.120   5/11/2012      CHF    72.42
BCV GUERNSEY            10.030   5/11/2012      CHF    64.71
BCV GUERNSEY            10.130   5/11/2012      EUR    71.43
BCV GUERNSEY            10.100   5/23/2012      EUR    74.12
BCV GUERNSEY            19.200   5/17/2012      EUR    42.40
BCV GUERNSEY             7.850   5/18/2012      CHF    65.72
BCV GUERNSEY            10.000   5/18/2012      CHF    54.57
BCV GUERNSEY            13.000   5/18/2012      CHF    59.11
BCV GUERNSEY            14.000   5/22/2012      USD    73.70
BCV GUERNSEY            18.150   5/17/2012      CHF    41.37
BCV GUERNSEY            10.530   6/29/2012      CHF    72.71
BCV GUERNSEY            18.600   5/17/2012      USD    41.79
BCV GUERNSEY             9.030   7/13/2012      EUR    66.87
BKB FINANCE              6.300   7/12/2012      CHF    61.78
BKB FINANCE              9.050    8/9/2012      CHF    57.90
BKB FINANCE              8.900   9/27/2012      CHF    63.43
BKB FINANCE              7.750    6/7/2012      CHF    40.19
BKB FINANCE              8.300    6/7/2012      CHF    68.11
BKB FINANCE              6.850   6/14/2012      CHF    66.65
BKB FINANCE              9.200   6/21/2012      CHF    62.32
BKB FINANCE              8.350   1/14/2013      CHF    53.00
BKB FINANCE              7.400   6/28/2012      CHF    58.83
BKB FINANCE              6.520    7/6/2012      EUR    72.48
BKB FINANCE              6.250   7/12/2012      CHF    72.28
BKB FINANCE              6.850   5/31/2012      CHF    72.41
BKB FINANCE              7.750   5/31/2012      CHF    62.36
BKB FINANCE              9.300   5/31/2012      CHF    71.65
BKB FINANCE              6.250   5/23/2012      CHF    68.53
EFG FINANCIAL PR         9.750  10/11/2012      CHF    73.17
EFG FINANCIAL PR        10.620   10/3/2012      USD    29.99
EFG FINANCIAL PR         9.930   10/3/2012      EUR    30.22
EFG FINANCIAL PR        10.000   10/1/2012      CHF    55.23
EFG FINANCIAL PR        12.000   9/25/2012      EUR    69.95
EFG FINANCIAL PR        11.250   9/25/2012      CHF    54.72
EFG FINANCIAL PR        10.750   9/25/2012      CHF    58.04
EFG FINANCIAL PR        10.000   9/21/2012      USD    59.92
EFG FINANCIAL PR        11.000   9/17/2012      USD    74.44
EFG FINANCIAL PR        10.000   9/10/2012      EUR    70.89
EFG FINANCIAL PR         9.000   9/10/2012      CHF    50.59
EFG FINANCIAL PR         7.500   9/10/2012      CHF    73.22
EFG FINANCIAL PR         8.500    9/7/2012      USD    42.11
EFG FINANCIAL PR         7.250    9/7/2012      EUR    70.99
EFG FINANCIAL PR        10.570   5/25/2012      EUR    57.79
EFG FINANCIAL PR        10.650   5/25/2012      EUR    73.35
EFG FINANCIAL PR         7.000    9/7/2012      EUR    54.40
EFG FINANCIAL PR         7.000    9/7/2012      CHF    47.23
EFG FINANCIAL PR         9.600    9/4/2012      USD    57.74
EFG FINANCIAL PR         9.500    9/4/2012      USD    37.63
EFG FINANCIAL PR        12.200    9/3/2012      CHF    74.21
EFG FINANCIAL PR        12.000    9/3/2012      EUR    69.72
EFG FINANCIAL PR        10.500    9/3/2012      CHF    50.14
EFG FINANCIAL PR        10.260   8/31/2012      EUR    69.96
EFG FINANCIAL PR        10.000   8/30/2012      EUR    71.67
EFG FINANCIAL PR        22.000   8/24/2012      USD    19.99
EFG FINANCIAL PR        14.000   8/24/2012      CHF    30.38
EFG FINANCIAL PR        13.000   8/24/2012      EUR    74.69
EFG FINANCIAL PR        12.500   8/24/2012      CHF    74.91
EFG FINANCIAL PR        12.250   8/24/2012      EUR    69.19
EFG FINANCIAL PR        11.200   5/25/2012      CHF    67.27
EFG FINANCIAL PR        12.840   5/25/2012      EUR    74.48
EFG FINANCIAL PR        11.750   8/24/2012      CHF    59.51
EFG FINANCIAL PR        11.500   8/24/2012      CHF    49.07
EFG FINANCIAL PR        10.910   5/29/2012      EUR    38.72
EFG FINANCIAL PR        10.250   8/24/2012      CHF    71.59
EFG FINANCIAL PR         9.000   8/24/2012      CHF    73.48
EFG FINANCIAL PR        11.800   8/17/2012      CHF    52.48
EFG FINANCIAL PR        11.600   8/17/2012      EUR    59.14
EFG FINANCIAL PR        19.600   8/16/2012      EUR    65.28
EFG FINANCIAL PR        12.000   8/16/2012      EUR    29.79
EFG FINANCIAL PR         8.400   5/30/2012      EUR    70.17
EFG FINANCIAL PR        10.000   5/30/2012      EUR    63.59
EFG FINANCIAL PR        10.000   5/30/2012      CHF    60.22
EFG FINANCIAL PR        15.000   8/14/2012      EUR    72.59
EFG FINANCIAL PR        14.000   8/14/2012      EUR    71.64
EFG FINANCIAL PR        12.500   5/30/2012      EUR    54.25
EFG FINANCIAL PR         6.000   5/31/2012      USD    74.63
EFG FINANCIAL PR         8.000    6/6/2012      CHF    68.93
EFG FINANCIAL PR        12.750    6/6/2012      EUR    62.67
EFG FINANCIAL PR        12.750    6/6/2012      CHF    57.66
EFG FINANCIAL PR        10.000    6/8/2012      CHF    29.72
EFG FINANCIAL PR        12.250    6/8/2012      EUR    54.25
EFG FINANCIAL PR        13.750   8/14/2012      EUR    69.90
EFG FINANCIAL PR        13.250   8/14/2012      GBP    74.39
EFG FINANCIAL PR        13.000   8/14/2012      EUR    74.33
EFG FINANCIAL PR        12.750   8/14/2012      CHF    50.56
EFG FINANCIAL PR        12.500   8/14/2012      CHF    73.96
EFG FINANCIAL PR        11.000   8/14/2012      CHF    55.58
EFG FINANCIAL PR        10.000   8/14/2012      CHF    74.77
EFG FINANCIAL PR         8.500   8/14/2012      CHF    69.40
EFG FINANCIAL PR         5.200   6/14/2012      CHF    54.11
EFG FINANCIAL PR         3.850   8/13/2012      EUR    46.96
EFG FINANCIAL PR        12.800   8/10/2012      CHF    58.14
EFG FINANCIAL PR        11.700   8/10/2012      USD    32.23
EFG FINANCIAL PR        10.000   8/10/2012      CHF    74.87
EFG FINANCIAL PR        19.000    8/8/2012      USD    44.66
EFG FINANCIAL PR        11.000    8/7/2012      CHF    37.79
EFG FINANCIAL PR        10.250    8/7/2012      CHF    72.83
EFG FINANCIAL PR        10.000    8/7/2012      CHF    50.29
EFG FINANCIAL PR         7.250    8/7/2012      CHF    73.18
EFG FINANCIAL PR         9.000    8/3/2012      CHF    54.60
EFG FINANCIAL PR         9.000    8/3/2012      CHF    57.92
EFG FINANCIAL PR         9.000    8/3/2012      CHF    10.10
EFG FINANCIAL PR        11.750   7/31/2012      CHF    50.48
EFG FINANCIAL PR        11.750   7/31/2012      CHF    50.35
EFG FINANCIAL PR        11.500   7/31/2012      EUR    54.42
EFG FINANCIAL PR        10.000   5/11/2012      CHF    20.04
EFG FINANCIAL PR        12.500   5/18/2012      EUR    71.69
EFG FINANCIAL PR        12.960   5/21/2012      EUR    15.81
EFG FINANCIAL PR        10.750   5/22/2012      CHF    64.36
EFG FINANCIAL PR        11.250   5/22/2012      CHF    49.89
EFG FINANCIAL PR        12.750   5/22/2012      EUR    64.71
EFG FINANCIAL PR        14.000   5/22/2012      EUR    65.94
EFG FINANCIAL PR         8.000   5/24/2012      USD    42.03
EFG FINANCIAL PR         9.000   5/24/2012      CHF    68.06
EFG FINANCIAL PR         6.100   5/25/2012      EUR    69.40
EFG FINANCIAL PR         7.440   5/25/2012      EUR    53.92
EFG FINANCIAL PR         5.850  10/14/2014      CHF    67.54
EFG FINANCIAL PR         8.160   4/25/2014      EUR    65.70
EFG FINANCIAL PR         8.400   9/30/2013      CHF    59.62
EFG FINANCIAL PR         6.500   8/27/2013      CHF    49.87
EFG FINANCIAL PR        12.000   4/26/2013      CHF    67.96
EFG FINANCIAL PR         7.000   4/19/2013      EUR    59.74
EFG FINANCIAL PR        16.000    4/4/2013      CHF    71.41
EFG FINANCIAL PR         7.500   3/18/2013      CHF    74.42
EFG FINANCIAL PR         6.750   3/11/2013      EUR    67.65
EFG FINANCIAL PR        14.000   2/19/2013      CHF    18.62
EFG FINANCIAL PR         5.800   1/23/2013      CHF    62.99
EFG FINANCIAL PR        12.500   1/15/2013      CHF    53.42
EFG FINANCIAL PR        10.250   1/15/2013      CHF    22.83
EFG FINANCIAL PR         9.000   1/15/2013      CHF    50.03
EFG FINANCIAL PR         8.830  12/28/2012      USD    57.50
EFG FINANCIAL PR        12.000  12/27/2012      CHF    12.53
EFG FINANCIAL PR        12.600  12/21/2012      CHF    64.21
EFG FINANCIAL PR        10.900  12/21/2012      CHF    63.20
EFG FINANCIAL PR         9.300  12/21/2012      CHF    61.86
EFG FINANCIAL PR        17.500  12/14/2012      EUR    49.91
EFG FINANCIAL PR         8.500  12/14/2012      CHF    68.25
EFG FINANCIAL PR        13.750   12/6/2012      CHF    69.28
EFG FINANCIAL PR        16.000  11/27/2012      EUR    47.13
EFG FINANCIAL PR        14.500  11/27/2012      CHF    42.98
EFG FINANCIAL PR        11.250  11/27/2012      CHF    64.11
EFG FINANCIAL PR         9.250  11/27/2012      CHF    70.24
EFG FINANCIAL PR        14.800  11/20/2012      EUR    48.16
EFG FINANCIAL PR        11.500  11/20/2012      EUR    55.97
EFG FINANCIAL PR         9.400  11/20/2012      EUR    74.76
EFG FINANCIAL PR         8.400  11/20/2012      CHF    71.40
EFG FINANCIAL PR         8.000  11/20/2012      CHF    55.95
EFG FINANCIAL PR         7.000  11/20/2012      CHF    71.00
EFG FINANCIAL PR        17.000  11/13/2012      EUR    44.89
EFG FINANCIAL PR        14.750  11/13/2012      CHF    71.14
EFG FINANCIAL PR        14.500  11/13/2012      EUR    56.44
EFG FINANCIAL PR        14.000  11/13/2012      USD    19.33
EFG FINANCIAL PR        13.000  11/13/2012      CHF    19.30
EFG FINANCIAL PR        13.000  11/13/2012      CHF    73.98
EFG FINANCIAL PR        12.750  11/13/2012      CHF    17.80
EFG FINANCIAL PR        12.750  11/13/2012      CHF    71.27
EFG FINANCIAL PR        12.500  11/13/2012      EUR    68.97
EFG FINANCIAL PR        12.250  11/13/2012      CHF    74.24
EFG FINANCIAL PR        12.000  11/13/2012      CHF    71.62
EFG FINANCIAL PR        10.500  11/13/2012      CHF    57.09
EFG FINANCIAL PR        10.500  11/13/2012      CHF    56.99
EFG FINANCIAL PR         6.000  11/12/2012      EUR    53.62
EFG FINANCIAL PR         6.000  11/12/2012      CHF    52.15
EFG FINANCIAL PR        11.050   11/8/2012      USD    57.19
EFG FINANCIAL PR        13.080   11/5/2012      CHF    70.62
EFG FINANCIAL PR         9.330  10/29/2012      USD    56.07
EFG FINANCIAL PR        21.000  10/26/2012      USD    21.04
EFG FINANCIAL PR        20.500  10/26/2012      EUR    21.06
EFG FINANCIAL PR        20.000  10/26/2012      CHF    20.95
EFG FINANCIAL PR        17.000  10/26/2012      EUR    38.32
EFG FINANCIAL PR        16.750  10/26/2012      CHF    31.45
EFG FINANCIAL PR        15.000  10/26/2012      CHF    70.34
EFG FINANCIAL PR        13.250  10/26/2012      CHF    56.45
EFG FINANCIAL PR        13.250  10/26/2012      EUR    67.57
EFG FINANCIAL PR        12.000  10/26/2012      CHF    63.31
EFG FINANCIAL PR        11.250  10/26/2012      CHF    55.53
EFG FINANCIAL PR        10.500  10/26/2012      CHF    73.72
EFG FINANCIAL PR         6.250  10/25/2012      CHF    67.01
EFG FINANCIAL PR        13.750  10/24/2012      USD    59.91
EFG FINANCIAL PR        12.000  10/19/2012      USD    48.52
EFG FINANCIAL PR        17.250  10/12/2012      CHF    72.66
EFG FINANCIAL PR        20.000  10/11/2012      CHF    19.32
EFG FINANCIAL PR        18.000  10/11/2012      EUR    53.06
EFG FINANCIAL PR        12.500  10/11/2012      GBP    71.67
EFG FINANCIAL PR        12.500  10/11/2012      CHF    55.43
EFG FINANCIAL PR        12.250  10/11/2012      EUR    73.65
EFG FINANCIAL PR        12.250  10/11/2012      EUR    71.88
EFG FINANCIAL PR        12.000  10/11/2012      USD    71.69
EFG FINANCIAL PR        11.500  10/11/2012      CHF    71.59
EFG FINANCIAL PR        13.110   6/18/2012      USD    51.95
EFG FINANCIAL PR        10.000   7/31/2012      CHF    49.80
EFG FINANCIAL PR         8.800   6/15/2012      CHF    73.37
EFG FINANCIAL PR        11.500   6/15/2012      EUR    64.39
EFG FINANCIAL PR        12.250   6/15/2012      EUR     9.28
EFG FINANCIAL PR         6.600    7/4/2012      CHF    70.75
EFG FINANCIAL PR         9.650   6/20/2012      USD    43.10
EFG FINANCIAL PR        10.100   5/16/2012      USD    68.57
EFG FINANCIAL PR         7.000   6/21/2012      CHF    54.28
EFG FINANCIAL PR        10.000   6/22/2012      CHF    44.01
EFG FINANCIAL PR         6.750   6/27/2012      EUR    71.52
EFG FINANCIAL PR        16.500   6/27/2012      GBP    65.00
EFG FINANCIAL PR        11.300   6/28/2012      EUR    57.53
EFG FINANCIAL PR        12.000   6/28/2012      USD    70.89
EFG FINANCIAL PR        13.200   6/28/2012      EUR    66.32
EFG FINANCIAL PR         9.770   7/23/2012      EUR    67.94
EFG FINANCIAL PR         8.250    7/4/2012      EUR    70.84
EFG FINANCIAL PR         8.250    7/5/2012      CHF    70.62
EFG FINANCIAL PR        10.500    7/5/2012      CHF    45.69
EFG FINANCIAL PR        19.570    7/5/2012      EUR    67.24
EFG FINANCIAL PR         9.300    7/6/2012      CHF    62.39
EFG FINANCIAL PR        12.750   7/12/2012      EUR    72.63
EFG FINANCIAL PR         6.000   7/13/2012      EUR    71.84
EFG FINANCIAL PR        11.000   7/25/2012      CHF    14.95
EFG FINANCIAL PR        10.000   7/31/2012      CHF    74.65
EFG FINANCIAL PR         8.500   7/25/2012      CHF    74.51
EFG FINANCIAL PR         9.000   5/16/2012      CHF    70.29
EFG FINANCIAL PR         8.950   5/14/2012      CHF    56.13
EFG FINANCIAL PR        10.000   7/25/2012      CHF    65.35
EFG FINANCIAL PR        10.250   7/25/2012      CHF    45.69
EFG FINANCIAL PR         9.500   7/31/2012      CHF    74.70
EFG FINANCIAL PR        11.000   7/25/2012      CHF    71.53
EFG FINANCIAL PR        11.000   5/11/2012      EUR    20.06
EFG FINANCIAL PR        11.300   7/25/2012      CHF    66.26
EFG FINANCIAL PR        12.000   7/25/2012      GBP    71.79
EFG FINANCIAL PR        10.050   5/11/2012      CHF    72.50
EFG FINANCIAL PR        11.750   7/25/2012      EUR    71.28
EFG FINANCIAL PR        10.830   5/18/2012      CHF     0.96
MARE BALTIC PCC          3.000  11/17/2014      DKK    18.00
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    63.64
SARASIN CI LTD          10.250   5/25/2012      EUR    72.76
ZURCHER KANT FIN         7.721   6/22/2012      CHF    65.34
ZURCHER KANT FIN         9.050   6/29/2012      CHF    70.32
ZURCHER KANT FIN         8.548    7/6/2012      EUR    69.87
ZURCHER KANT FIN         8.000   7/13/2012      CHF    68.15
ZURCHER KANT FIN        11.000   7/13/2012      CHF    70.51
ZURCHER KANT FIN        12.067   7/13/2012      CHF    73.40
ZURCHER KANT FIN        10.250   7/19/2012      CHF    71.34
ZURCHER KANT FIN         9.250   11/9/2012      CHF    56.85
ZURCHER KANT FIN         7.844   5/18/2012      CHF    58.69
ZURCHER KANT FIN         8.000   6/15/2012      CHF    60.85
ZURCHER KANT FIN         9.700   6/15/2012      EUR    70.95
ZURCHER KANT FIN        11.263   6/15/2012      CHF    68.15
ZURCHER KANT FIN        13.575   6/15/2012      CHF    74.52
ZURCHER KANT FIN         9.000   6/18/2012      CHF    52.41
ZURCHER KANT FIN         7.340   4/16/2013      CHF    54.27
ZURCHER KANT FIN        11.765   5/11/2012      CHF    66.43

HUNGARY
-------
FHB MORTGAGE BAN         4.500   3/22/2022      EUR    65.63

IRELAND
-------
AIB MORTGAGE BNK         5.580   4/28/2028      EUR    62.75
AIB MORTGAGE BNK         5.000   2/12/2030      EUR    56.62
AIB MORTGAGE BNK         5.000    3/1/2030      EUR    56.59
BANESTO FINANC           5.000   3/23/2030      EUR    73.30
BANK OF IRELAND          5.600   9/18/2023      EUR    59.75
BK IRELAND MTGE          5.400   11/6/2029      EUR    64.17
BK IRELAND MTGE          5.450    3/1/2030      EUR    64.27
BK IRELAND MTGE          5.760    9/7/2029      EUR    67.35
BK IRELAND MTGE          5.360  10/12/2029      EUR    63.88
DEPFA ACS BANK           3.250   7/31/2031      CHF    68.26
DEPFA ACS BANK           0.500    3/3/2025      CAD    44.64
DEPFA ACS BANK           4.900   8/24/2035      CAD    72.44
DEPFA ACS BANK           5.125   3/16/2037      USD    70.03
DEPFA ACS BANK           5.125   3/16/2037      USD    68.50
KALVEBOD PLC             2.000    5/1/2106      DKK    30.01

ITALY
-----
BANCA POP VICENT         4.970   4/20/2027      EUR    68.19
BTPS I/L                 2.550   9/15/2041      EUR    70.95
BTPS I/L                 2.350   9/15/2035      EUR    70.40
ICCREA BANCAIMPR         5.220   4/11/2017      EUR    60.25
REP OF ITALY             4.850   6/11/2060      EUR    74.48
REP OF ITALY             2.870   5/19/2036      JPY    54.26
REP OF ITALY             5.250   12/7/2034      GBP    75.05
REP OF ITALY             1.850   9/15/2057      EUR    51.10
REP OF ITALY             2.000   9/15/2062      EUR    52.59
REP OF ITALY             2.200   9/15/2058      EUR    57.74
SANPAOLO IMI             5.625   3/18/2024      GBP    76.90
SEAT PAGINE             10.500   1/31/2017      EUR    66.49
SEAT PAGINE             10.500   1/31/2017      EUR    67.38
TELECOM ITALIA           5.250   3/17/2055      EUR    72.11
UBI BANCA SPCA           6.250  11/18/2018      EUR    51.34
UNIPOL ASSICURAZ         5.660   7/28/2023      EUR    66.02

LUXEMBOURG
----------
ARCELORMITTAL            7.250    4/1/2014      EUR    22.28
CONTROLINVESTE           3.000   1/28/2015      EUR    73.83
ESFG INTERNATION         6.875  10/21/2019      EUR    70.42
ESPIRITO SANTO F         9.750  12/19/2025      EUR    61.67
HELLAS III               8.500  10/15/2013      EUR     0.25
HELLAS III               8.500  10/15/2013      EUR     0.25
IT HOLDING FIN           9.875  11/15/2012      EUR     0.13
IT HOLDING FIN           9.875  11/15/2012      EUR     0.13
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    42.56
VIVALDIS                 0.500   6/13/2013      EUR    59.39
VIVALDIS                 0.500    8/8/2028      EUR    63.59
VIVALDIS                 0.500   6/13/2028      EUR    59.39

NETHERLANDS
-----------
APP INTL FINANCE        11.750   10/1/2005      USD     8.75
ASTANA FINANCE          14.500    7/2/2013      USD     3.00
ASTANA FINANCE           9.000  11/16/2011      USD     3.00
BK NED GEMEENTEN         0.500   5/22/2017      ZAR    74.01
BK NED GEMEENTEN         0.500    6/7/2022      ZAR    50.10
BK NED GEMEENTEN         0.500   2/24/2025      CAD    65.15
BK NED GEMEENTEN         0.500   5/12/2021      ZAR    51.47
BK NED GEMEENTEN         0.500   3/29/2021      NZD    67.22
BK NED GEMEENTEN         0.500    3/3/2021      NZD    67.49
BK NED GEMEENTEN         0.500   9/15/2016      TRY    73.73
BK NED GEMEENTEN         0.500   6/22/2021      ZAR    50.99
BK NED GEMEENTEN         0.500   6/22/2016      TRY    74.69
BK NED GEMEENTEN         0.500   5/10/2017      TRY    72.14
BLT FINANCE BV           7.500   5/15/2014      USD    17.88
BLT FINANCE BV           7.500   5/15/2014      USD    23.00
BLT FINANCE BV          12.000   2/10/2015      USD    24.13
BRIT INSURANCE           6.625   12/9/2030      GBP    60.94
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     2.38
ING BANK NV              4.200  12/19/2035      EUR    64.59
LEHMAN BROS TR B         3.500   9/29/2017      EUR     5.75
LEHMAN BROS TSY          4.050   9/16/2008      EUR     5.75
LEHMAN BROS TSY         23.300   9/16/2008      USD    14.63
LEHMAN BROS TSY          7.375   9/20/2008      EUR    14.63
LEHMAN BROS TSY         18.250   10/2/2008      USD    14.63
LEHMAN BROS TSY          7.250   10/6/2008      EUR    14.63
LEHMAN BROS TSY         16.000   10/8/2008      CHF    14.63
LEHMAN BROS TSY         10.000  10/22/2008      USD    14.63
LEHMAN BROS TSY          8.000  10/23/2008      USD    14.63
LEHMAN BROS TSY          5.000  10/24/2008      CHF    14.63
LEHMAN BROS TSY          6.000  10/24/2008      EUR    14.63
LEHMAN BROS TSY          7.500  10/24/2008      USD    14.63
LEHMAN BROS TSY         16.000  10/28/2008      USD    14.63
LEHMAN BROS TSY         13.150  10/30/2008      USD    14.63
LEHMAN BROS TSY         16.000   11/9/2008      USD    14.63
LEHMAN BROS TSY         14.100  11/12/2008      USD    14.63
LEHMAN BROS TSY         10.442  11/22/2008      CHF    14.63
LEHMAN BROS TSY          7.000  11/28/2008      CHF    14.63
LEHMAN BROS TSY         16.000  12/26/2008      USD    14.63
LEHMAN BROS TSY          6.720  12/29/2008      EUR     5.75
LEHMAN BROS TSY         13.432    1/8/2009      ILS    14.63
LEHMAN BROS TSY          7.750   1/30/2009      EUR    14.63
LEHMAN BROS TSY          6.600    2/9/2009      EUR     5.75
LEHMAN BROS TSY          0.500   2/16/2009      EUR    14.63
LEHMAN BROS TSY         10.000   2/16/2009      CHF    14.63
LEHMAN BROS TSY         11.000   2/16/2009      CHF    14.63
LEHMAN BROS TSY         13.000   2/16/2009      CHF    14.63
LEHMAN BROS TSY          5.000   3/13/2009      EUR     5.75
LEHMAN BROS TSY          9.000   3/17/2009      GBP    14.63
LEHMAN BROS TSY         10.000   3/27/2009      USD     5.75
LEHMAN BROS TSY          7.000   4/14/2009      EUR    14.63
LEHMAN BROS TSY          8.000   4/20/2009      EUR     5.75
LEHMAN BROS TSY          3.850   4/24/2009      USD    14.63
LEHMAN BROS TSY          4.000   4/24/2009      USD    14.63
LEHMAN BROS TSY          2.250   5/12/2009      USD     5.75
LEHMAN BROS TSY          2.480   5/12/2009      USD     5.75
LEHMAN BROS TSY         16.200   5/14/2009      USD    14.63
LEHMAN BROS TSY          4.100   5/20/2009      USD    14.63
LEHMAN BROS TSY          8.000   5/22/2009      USD    14.63
LEHMAN BROS TSY          8.000   5/22/2009      USD    14.63
LEHMAN BROS TSY         10.000   5/22/2009      USD    14.63
LEHMAN BROS TSY         13.500    6/2/2009      USD    14.63
LEHMAN BROS TSY         17.000    6/2/2009      USD    14.63
LEHMAN BROS TSY         15.000    6/4/2009      CHF    14.63
LEHMAN BROS TSY          3.700    6/6/2009      EUR     5.75
LEHMAN BROS TSY          9.000   6/13/2009      USD    14.63
LEHMAN BROS TSY          5.500   6/15/2009      CHF    14.63
LEHMAN BROS TSY          5.750   6/15/2009      CHF    14.63
LEHMAN BROS TSY         10.000   6/17/2009      USD    14.63
LEHMAN BROS TSY          3.000   6/23/2009      EUR     5.75
LEHMAN BROS TSY         11.000   6/29/2009      EUR    14.63
LEHMAN BROS TSY          8.500    7/6/2009      CHF    14.63
LEHMAN BROS TSY          4.500    8/2/2009      USD    14.63
LEHMAN BROS TSY          8.000    8/3/2009      USD    14.63
LEHMAN BROS TSY         16.800   8/21/2009      USD    14.63
LEHMAN BROS TSY          7.500   9/13/2009      CHF    14.63
LEHMAN BROS TSY          3.400   9/21/2009      HKD    14.63
LEHMAN BROS TSY          3.820  10/20/2009      USD    14.63
LEHMAN BROS TSY          2.750  10/28/2009      EUR    14.63
LEHMAN BROS TSY          2.000  11/16/2009      EUR     5.75
LEHMAN BROS TSY          7.585  11/22/2009      MXN    14.63
LEHMAN BROS TSY          8.800  12/27/2009      EUR    14.63
LEHMAN BROS TSY         10.000    1/4/2010      USD     5.75
LEHMAN BROS TSY          1.750    2/7/2010      EUR    14.63
LEHMAN BROS TSY          7.500   2/14/2010      AUD    14.63
LEHMAN BROS TSY          7.000   2/15/2010      CHF    14.63
LEHMAN BROS TSY          4.100   2/19/2010      EUR     5.75
LEHMAN BROS TSY          6.450   2/20/2010      AUD    14.63
LEHMAN BROS TSY          1.000   2/26/2010      USD     5.75
LEHMAN BROS TSY          4.000   2/28/2010      EUR    14.63
LEHMAN BROS TSY         11.750    3/1/2010      EUR    14.63
LEHMAN BROS TSY          7.600    3/4/2010      NZD    14.63
LEHMAN BROS TSY          4.250   5/15/2010      EUR     5.75
LEHMAN BROS TSY          2.000   5/17/2010      EUR    14.63
LEHMAN BROS TSY          4.000   5/17/2010      USD     5.75
LEHMAN BROS TSY          4.000   5/30/2010      USD    14.63
LEHMAN BROS TSY          7.500   5/30/2010      AUD    14.63
LEHMAN BROS TSY          3.000    6/3/2010      EUR     5.75
LEHMAN BROS TSY          3.100    6/4/2010      USD    14.63
LEHMAN BROS TSY          7.250   6/20/2010      USD     5.75
LEHMAN BROS TSY          1.600   6/21/2010      JPY     5.75
LEHMAN BROS TSY          5.500   6/22/2010      USD     5.75
LEHMAN BROS TSY          7.000   7/11/2010      EUR     5.75
LEHMAN BROS TSY          6.000   7/28/2010      EUR    14.63
LEHMAN BROS TSY          6.000   7/28/2010      EUR    14.63
LEHMAN BROS TSY         10.500    8/9/2010      EUR    14.63
LEHMAN BROS TSY          4.000   8/11/2010      USD     5.75
LEHMAN BROS TSY          4.100   8/23/2010      USD    14.63
LEHMAN BROS TSY          1.500  10/12/2010      EUR     5.75
LEHMAN BROS TSY          4.000  10/12/2010      USD    14.63
LEHMAN BROS TSY          7.000  10/22/2010      EUR     5.75
LEHMAN BROS TSY          1.280   11/6/2010      JPY    14.63
LEHMAN BROS TSY         14.900  11/16/2010      EUR    14.63
LEHMAN BROS TSY          8.050  12/20/2010      HKD    14.63
LEHMAN BROS TSY          6.000  12/21/2010      USD    14.63
LEHMAN BROS TSY          9.300  12/21/2010      EUR    14.63
LEHMAN BROS TSY          9.300  12/21/2010      EUR    14.63
LEHMAN BROS TSY          4.500  12/30/2010      USD    14.63
LEHMAN BROS TSY          8.000  12/31/2010      USD    14.63
LEHMAN BROS TSY          4.000    1/4/2011      USD    14.63
LEHMAN BROS TSY          8.875   1/28/2011      HKD    14.63
LEHMAN BROS TSY          4.000   3/10/2011      EUR     5.75
LEHMAN BROS TSY          6.000   3/14/2011      EUR     5.75
LEHMAN BROS TSY          6.000   3/17/2011      EUR     5.75
LEHMAN BROS TSY         15.000   3/30/2011      EUR     5.75
LEHMAN BROS TSY          4.000   4/13/2011      CHF     5.75
LEHMAN BROS TSY          6.700   4/21/2011      USD     5.75
LEHMAN BROS TSY          5.000   5/12/2011      CHF     5.75
LEHMAN BROS TSY          4.000    6/5/2011      USD    14.63
LEHMAN BROS TSY          2.400   6/20/2011      JPY     5.75
LEHMAN BROS TSY          3.500   6/20/2011      EUR     5.75
LEHMAN BROS TSY          2.000   6/21/2011      EUR     5.75
LEHMAN BROS TSY          6.000   6/21/2011      EUR     5.75
LEHMAN BROS TSY          2.000   6/28/2011      EUR     5.75
LEHMAN BROS TSY         11.000    7/4/2011      USD    14.63
LEHMAN BROS TSY         11.000    7/4/2011      CHF    14.63
LEHMAN BROS TSY         12.000    7/4/2011      EUR    14.63
LEHMAN BROS TSY          7.625   7/22/2011      HKD    14.63
LEHMAN BROS TSY          4.000   7/27/2011      EUR     5.75
LEHMAN BROS TSY          3.000   8/13/2011      EUR     5.75
LEHMAN BROS TSY          6.650   8/24/2011      AUD    14.63
LEHMAN BROS TSY          5.000    9/1/2011      EUR     5.75
LEHMAN BROS TSY          6.250    9/5/2011      EUR     5.75
LEHMAN BROS TSY          6.000   9/20/2011      EUR     5.75
LEHMAN BROS TSY          7.000   9/20/2011      USD     5.75
LEHMAN BROS TSY          3.860   9/21/2011      SGD    14.63
LEHMAN BROS TSY          3.500  10/24/2011      USD     5.75
LEHMAN BROS TSY          1.500  10/25/2011      EUR     5.75
LEHMAN BROS TSY          3.500  10/31/2011      USD     5.75
LEHMAN BROS TSY          2.500   11/9/2011      CHF     5.75
LEHMAN BROS TSY          4.600   11/9/2011      EUR     5.75
LEHMAN BROS TSY          5.000   12/6/2011      EUR     5.75
LEHMAN BROS TSY          2.500  12/15/2011      GBP    14.63
LEHMAN BROS TSY         11.000  12/19/2011      USD     5.75
LEHMAN BROS TSY          7.750    1/3/2012      AUD    14.63
LEHMAN BROS TSY         10.000    1/3/2012      BRL     5.75
LEHMAN BROS TSY          1.500    2/8/2012      CHF     5.75
LEHMAN BROS TSY          6.000   2/14/2012      EUR    14.63
LEHMAN BROS TSY          7.000   2/15/2012      EUR    14.63
LEHMAN BROS TSY          1.460   2/19/2012      JPY    14.63
LEHMAN BROS TSY          6.600   2/22/2012      EUR    14.63
LEHMAN BROS TSY          3.630    3/2/2012      EUR    14.63
LEHMAN BROS TSY          8.000   3/19/2012      USD     5.75
LEHMAN BROS TSY          0.750   3/29/2012      EUR     5.75
LEHMAN BROS TSY          6.750    4/5/2012      EUR     5.75
LEHMAN BROS TSY          1.000    5/9/2012      EUR     5.75
LEHMAN BROS TSY          6.600   5/23/2012      AUD    14.63
LEHMAN BROS TSY          4.300    6/4/2012      USD    14.63
LEHMAN BROS TSY          9.250   6/20/2012      USD     5.75
LEHMAN BROS TSY          4.000   7/20/2012      EUR     5.75
LEHMAN BROS TSY         13.000   7/25/2012      EUR    14.63
LEHMAN BROS TSY          2.500   8/15/2012      CHF     5.75
LEHMAN BROS TSY          2.500   8/23/2012      GBP    14.63
LEHMAN BROS TSY          0.250  10/19/2012      CHF     5.75
LEHMAN BROS TSY          4.000  10/24/2012      EUR     5.75
LEHMAN BROS TSY          6.000  10/30/2012      USD     5.75
LEHMAN BROS TSY          6.000  10/30/2012      EUR     5.75
LEHMAN BROS TSY          5.000  11/22/2012      EUR     5.75
LEHMAN BROS TSY          5.500  11/30/2012      CZK     5.75
LEHMAN BROS TSY          6.250  11/30/2012      EUR     5.75
LEHMAN BROS TSY          3.000   12/3/2012      EUR     5.75
LEHMAN BROS TSY         13.000  12/14/2012      USD     5.75
LEHMAN BROS TSY          7.600   1/31/2013      AUD    14.63
LEHMAN BROS TSY          4.500    3/6/2013      CHF     5.75
LEHMAN BROS TSY          2.875   3/14/2013      CHF    14.63
LEHMAN BROS TSY          7.150   3/21/2013      USD     5.75
LEHMAN BROS TSY          6.700   5/21/2013      USD     5.75
LEHMAN BROS TSY          3.450   5/23/2013      USD     5.75
LEHMAN BROS TSY          2.300    6/6/2013      USD    14.63
LEHMAN BROS TSY          2.300   6/27/2013      USD    14.63
LEHMAN BROS TSY          2.370   7/15/2013      USD     5.75
LEHMAN BROS TSY          4.600    8/1/2013      EUR     5.75
LEHMAN BROS TSY          6.000    8/7/2013      EUR     5.75
LEHMAN BROS TSY          1.950   11/4/2013      EUR    14.63
LEHMAN BROS TSY          7.000  11/26/2013      EUR     5.75
LEHMAN BROS TSY          5.375    2/4/2014      USD     5.75
LEHMAN BROS TSY          5.000   2/27/2014      EUR     5.75
LEHMAN BROS TSY         10.600   4/22/2014      MXN     5.75
LEHMAN BROS TSY          5.300   4/23/2014      EUR     5.75
LEHMAN BROS TSY          2.300   4/28/2014      JPY     5.75
LEHMAN BROS TSY          4.100   6/10/2014      SGD    14.63
LEHMAN BROS TSY          5.250    7/8/2014      EUR    14.63
LEHMAN BROS TSY          0.250   7/21/2014      EUR     5.75
LEHMAN BROS TSY          4.500   7/24/2014      EUR     5.75
LEHMAN BROS TSY          5.000   9/22/2014      EUR     5.75
LEHMAN BROS TSY          8.000  10/17/2014      EUR     5.75
LEHMAN BROS TSY          3.025   1/31/2015      EUR     5.75
LEHMAN BROS TSY          5.000   2/16/2015      EUR     5.75
LEHMAN BROS TSY          5.000   2/25/2015      EUR     5.75
LEHMAN BROS TSY          5.400    3/4/2015      USD     5.75
LEHMAN BROS TSY          1.680    3/5/2015      EUR     5.75
LEHMAN BROS TSY          4.500    3/7/2015      EUR     5.75
LEHMAN BROS TSY          5.550   3/12/2015      EUR    14.63
LEHMAN BROS TSY          5.000   3/18/2015      EUR     6.00
LEHMAN BROS TSY          5.400   3/18/2015      USD     5.75
LEHMAN BROS TSY          7.050    4/8/2015      USD     5.75
LEHMAN BROS TSY          6.500   5/16/2015      EUR     5.75
LEHMAN BROS TSY          8.250   12/3/2015      EUR     5.75
LEHMAN BROS TSY          8.250    2/3/2016      EUR     5.75
LEHMAN BROS TSY          8.000   2/16/2016      EUR     5.75
LEHMAN BROS TSY          4.700   3/23/2016      EUR     5.75
LEHMAN BROS TSY          4.700   3/23/2016      EUR     5.75
LEHMAN BROS TSY          8.500    7/5/2016      EUR     5.75
LEHMAN BROS TSY          4.600    7/6/2016      EUR     5.75
LEHMAN BROS TSY          4.350    8/8/2016      SGD    14.63
LEHMAN BROS TSY          3.350  10/13/2016      EUR     5.75
LEHMAN BROS TSY          4.000  11/24/2016      EUR     5.75
LEHMAN BROS TSY          6.000   12/6/2016      USD    14.63
LEHMAN BROS TSY          0.800  12/30/2016      EUR     5.75
LEHMAN BROS TSY          4.000   2/16/2017      EUR     5.75
LEHMAN BROS TSY          4.690   2/19/2017      EUR    14.63
LEHMAN BROS TSY          5.000   4/24/2017      EUR     5.75
LEHMAN BROS TSY          4.500    5/2/2017      EUR     5.75
LEHMAN BROS TSY          7.500    5/2/2017      EUR     5.75
LEHMAN BROS TSY          7.390    5/4/2017      USD     5.75
LEHMAN BROS TSY          5.100    5/8/2017      HKD    14.38
LEHMAN BROS TSY          6.000   5/12/2017      EUR     5.75
LEHMAN BROS TSY          7.000    6/6/2017      EUR     5.75
LEHMAN BROS TSY          7.500   6/15/2017      USD     5.75
LEHMAN BROS TSY          3.000    8/8/2017      EUR     5.75
LEHMAN BROS TSY          3.000   8/15/2017      EUR     5.75
LEHMAN BROS TSY          5.000   8/16/2017      EUR     5.75
LEHMAN BROS TSY          4.600  10/11/2017      ILS    14.63
LEHMAN BROS TSY         12.220  11/21/2017      USD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      USD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      USD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      USD     5.75
LEHMAN BROS TSY          0.500  12/20/2017      USD     5.75
LEHMAN BROS TSY          4.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          4.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          4.500  12/20/2017      AUD     5.75
LEHMAN BROS TSY          6.000  12/30/2017      EUR     5.75
LEHMAN BROS TSY          5.000   2/15/2018      EUR     5.75
LEHMAN BROS TSY          2.600   3/19/2018      JPY    14.63
LEHMAN BROS TSY          5.200   3/19/2018      EUR    14.63
LEHMAN BROS TSY          8.000   3/21/2018      USD     5.75
LEHMAN BROS TSY          7.800   3/31/2018      USD     5.75
LEHMAN BROS TSY          9.500    4/1/2018      USD     5.75
LEHMAN BROS TSY          6.000   5/23/2018      CZK     5.75
LEHMAN BROS TSY          9.750   6/22/2018      USD     5.75
LEHMAN BROS TSY          6.300  12/21/2018      USD     5.75
LEHMAN BROS TSY         11.000    5/9/2020      USD     5.75
LEHMAN BROS TSY          0.500    6/2/2020      EUR    14.63
LEHMAN BROS TSY          0.500    7/2/2020      EUR    14.63
LEHMAN BROS TSY          4.900   7/28/2020      EUR     5.75
LEHMAN BROS TSY          0.500    8/1/2020      EUR    14.63
LEHMAN BROS TSY          4.150   8/25/2020      EUR    14.63
LEHMAN BROS TSY          4.250   3/13/2021      EUR    14.63
LEHMAN BROS TSY          5.000    5/2/2022      EUR    14.63
LEHMAN BROS TSY          9.000   5/15/2022      USD     5.75
LEHMAN BROS TSY          6.000   2/19/2023      USD     5.75
LEHMAN BROS TSY          5.250    4/1/2023      EUR    14.63
LEHMAN BROS TSY          5.220    3/1/2024      EUR    14.63
LEHMAN BROS TSY          5.000    8/1/2025      EUR     5.75
LEHMAN BROS TSY          5.250   5/26/2026      EUR     5.75
LEHMAN BROS TSY          6.500   7/24/2026      EUR     5.75
LEHMAN BROS TSY          5.120   4/30/2027      EUR    14.63
LEHMAN BROS TSY          3.500  12/20/2027      USD     5.75
LEHMAN BROS TSY          5.000   2/28/2032      EUR     5.75
LEHMAN BROS TSY          6.000   2/15/2035      EUR     5.88
LEHMAN BROS TSY          8.250   3/16/2035      EUR     5.88
LEHMAN BROS TSY          7.000   5/17/2035      EUR     5.50
LEHMAN BROS TSY          7.500    8/1/2035      EUR     5.75
LEHMAN BROS TSY          7.250   10/5/2035      EUR     5.63
LEHMAN BROS TSY          6.000   11/2/2035      EUR     5.75
LEHMAN BROS TSY          3.000   9/12/2036      JPY     5.75
LEHMAN BROS TSY          4.950  10/25/2036      EUR     5.75
LEHMAN BROS TSY          4.820  12/18/2036      EUR    14.63
LEHMAN BROS TSY         10.000    8/2/2037      JPY     5.75
LEHMAN BROS TSY          4.680  12/12/2045      EUR    14.63
LEHMAN BROS TSY          5.103   6/22/2046      EUR    14.63
LEHMAN BROS TSY          4.870   10/8/2013      USD    14.63
NATL INVESTER BK        25.983    5/7/2029      EUR    23.47
NED WATERSCHAPBK         0.500   3/11/2025      CAD    63.90
NIB CAPITAL BANK         4.510  12/16/2035      EUR    66.72
PORTUGAL TEL FIN         4.500   6/16/2025      EUR    73.18
Q-CELLS INTERNAT         5.750   5/26/2014      EUR    14.70
RABOBANK                 0.500  10/27/2016      ZAR    73.73
RABOBANK                 0.500  11/26/2021      ZAR    45.37
RBS NV EX-ABN NV         2.910   6/21/2036      JPY    68.91
SNS BANK                 4.650  10/19/2021      EUR    73.88
SNS BANK                 5.215   12/3/2027      EUR    59.34
SNS BANK                 4.580   3/20/2026      EUR    56.79
SNS BANK                 5.300   1/27/2023      EUR    72.97
SNS BANK                 5.250   4/11/2023      EUR    71.68
SNS BANK                 6.250  10/26/2020      EUR    74.77
TJIWI KIMIA FIN         13.250    8/1/2001      USD     0.01

NORWAY
------
KOMMUNALBANKEN           0.500   7/28/2016      BRL    72.89
KOMMUNALBANKEN           0.500   7/26/2016      BRL    73.37
KOMMUNALBANKEN           0.500   7/26/2016      ZAR    74.13
KOMMUNALBANKEN           0.500   5/25/2016      BRL    74.32
KOMMUNALBANKEN           0.500   5/18/2016      BRL    74.43
KOMMUNALBANKEN           0.500   7/29/2016      ZAR    74.08
KOMMUNALBANKEN           0.500   8/16/2016      BRL    72.61
KOMMUNALBANKEN           0.500    3/7/2017      BRL    69.99
KOMMUNALBANKEN           0.500   3/28/2017      BRL    69.67
KOMMUNALBANKEN           0.500   3/29/2017      BRL    69.17
KOMMUNALBANKEN           0.500   5/10/2017      BRL    69.03
KOMMUNALBANKEN           0.500    3/2/2018      BRL    64.90
KOMMUNALBANKEN           0.500   5/25/2018      ZAR    62.98
NORSKE SKOGIND           6.125  10/15/2015      USD    71.63
NORSKE SKOGIND           6.125  10/15/2015      USD    71.63
NORSKE SKOGIND           7.000   6/26/2017      EUR    63.98
NORSKE SKOGIND           7.125  10/15/2033      USD    53.50
NORSKE SKOGIND           7.125  10/15/2033      USD    53.50
RENEWABLE CORP           9.750    5/3/2018      NOK    68.75
RENEWABLE CORP           6.500    6/4/2014      EUR    60.85

PORTUGAL
--------
CAIXA GERAL DEPO         5.380   10/1/2038      EUR    59.11
CAIXA GERAL DEPO         4.250   1/27/2020      EUR    75.89
COMBOIOS DE PORT         4.170  10/16/2019      EUR    49.87
COMBOIOS DE PORT         5.700    2/5/2030      EUR    60.01
METRO DE LISBOA          4.061   12/4/2026      EUR    48.63
METRO DE LISBOA          4.799   12/7/2027      EUR    48.13
METRO DE LISBOA          5.750    2/4/2019      EUR    57.93
METRO DE LISBOA          7.300  12/23/2025      EUR    53.13
MONTEPIO GERAL           5.000    2/8/2017      EUR    61.50
PARPUBLICA               3.567   9/22/2020      EUR    54.90
PARPUBLICA               5.250   9/28/2017      EUR    74.36
PARPUBLICA               4.200  11/16/2026      EUR    50.38
PORTUGUESE OT'S          3.850   4/15/2021      EUR    60.87
PORTUGUESE OT'S          4.950  10/25/2023      EUR    61.95
PORTUGUESE OT'S          4.100   4/15/2037      EUR    49.43
PORTUGUESE OT'S          4.750   6/14/2019      EUR    64.07
PORTUGUESE OT'S          4.450   6/15/2018      EUR    65.75
PORTUGUESE OT'S          4.350  10/16/2017      EUR    68.08
PORTUGUESE OT'S          4.800   6/15/2020      EUR    62.80
PORTUGUESE OT'S          4.200  10/15/2016      EUR    73.05
REFER                    4.675  10/16/2024      EUR    49.26
REFER                    5.875   2/18/2019      EUR    60.07
REFER                    4.250  12/13/2021      EUR    45.00
REFER                    4.000   3/16/2015      EUR    60.00
REFER                    4.047  11/16/2026      EUR    49.26

RUSSIA
------
ARIZK                    3.000  12/20/2030      RUB    45.20
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    30.86
NOK                     12.500   8/26/2014      RUB     5.00
PROTON-FINANCE           9.000   6/12/2012      RUB    65.00
RBC OJSC                 3.270   4/19/2018      RUB    47.01
SATURN                   8.000    6/6/2014      RUB     1.02

SPAIN
-----
AYT CEDULAS CAJA         4.250  10/25/2023      EUR    70.93
AYT CEDULAS CAJA         3.750  12/14/2022      EUR    68.02
AYT CEDULAS CAJA         4.750   5/25/2027      EUR    66.62
AYT CEDULAS CAJA         3.750   6/30/2025      EUR    60.15
AYUNTAM DE MADRD         4.550   6/16/2036      EUR    51.63
AYUNTAM DE MADRD         4.350   6/16/2021      EUR    70.57
BANCAJA                  1.500   5/22/2018      EUR    66.06
BANCO BILBAO VIZ         6.025    3/3/2033      EUR    67.03
BANCO BILBAO VIZ         4.500   2/16/2022      EUR    75.34
BANCO CASTILLA           1.500   6/23/2021      EUR    65.04
BANKINTER SA             6.000  12/18/2028      EUR    74.13
BASQUE GOV'T             4.600    1/7/2025      EUR    69.93
BBVA SUB CAP UNI         2.750  10/22/2035      JPY    59.43
CAIXA TERRASSA           4.700    8/9/2021      EUR    71.36
CAIXA TERRASSA           1.700   3/12/2022      EUR    66.53
CAJA MADRID              5.116   7/15/2015      EUR    72.75
CAJA MADRID              4.125   3/24/2036      EUR    68.80
CEDULAS TDA 6 FO         3.875   5/23/2025      EUR    62.23
CEDULAS TDA 6 FO         4.250   4/10/2031      EUR    57.96
CEDULAS TDA A-5          4.250   3/28/2027      EUR    61.97
COMUN AUTO CANAR         5.750  10/15/2029      EUR    71.89
COMUN AUTO CANAR         3.900  11/30/2035      EUR    47.58
COMUN AUTO CANAR         4.200  10/25/2036      EUR    49.24
COMUNIDAD ARAGON         4.815  10/10/2022      EUR    72.63
COMUNIDAD ARAGON         4.470   7/12/2021      EUR    73.26
COMUNIDAD ARAGON         4.646   7/11/2036      EUR    55.94
COMUNIDAD BALEAR         4.796    3/4/2020      EUR    73.90
COMUNIDAD BALEAR         3.869  11/23/2020      EUR    65.71
COMUNIDAD BALEAR         4.063  11/23/2035      EUR    44.21
COMUNIDAD MADRID         4.300   9/15/2026      EUR    64.91
DIPUTACION FOR           4.323  12/29/2023      EUR    65.80
GEN DE CATALUNYA         6.350  11/30/2041      EUR    60.57
GEN DE CATALUNYA         2.965    9/8/2039      JPY    44.29
GEN DE CATALUNYA         4.220   4/26/2035      EUR    44.15
GEN DE CATALUNYA         4.690  10/28/2034      EUR    48.45
GEN DE CATALUNYA         5.250   10/5/2023      EUR    67.04
GEN DE CATALUNYA         5.950   10/1/2030      EUR    64.20
GEN DE CATALUNYA         5.900   5/28/2030      EUR    65.13
GEN DE CATALUNYA         5.400   5/13/2030      EUR    60.67
GEN DE CATALUNYA         5.219   9/10/2029      EUR    60.24
GEN DE CATALUNYA         5.325   10/5/2028      EUR    62.82
GEN DE CATALUNYA         4.801   7/31/2020      EUR    71.87
GEN DE CATALUNYA         4.900   9/15/2021      EUR    68.93
GEN DE CATALUNYA         5.900   5/20/2024      EUR    71.12
GENERAL VALENCIA         4.900   3/17/2020      EUR    65.25
GENERAL VALENCIA         5.900  11/30/2032      EUR    51.13
GENERAL VALENCIA         4.000   11/2/2016      EUR    74.50
IM CEDULAS 5             3.500   6/15/2020      EUR    74.83
INSTIT CRDT OFCL         3.250   6/28/2024      CHF    70.58
INSTIT CRDT OFCL         2.570  10/22/2021      CHF    70.50
INSTIT CRDT OFCL         2.100   2/23/2021      JPY    71.19
INSTITUT CATALA          4.250   6/15/2024      EUR    60.76
JUNTA ANDALUCIA          4.850   3/17/2020      EUR    72.79
JUNTA ANDALUCIA          4.125   1/20/2020      EUR    71.28
JUNTA ANDALUCIA          5.000   7/13/2022      EUR    70.71
JUNTA ANDALUCIA          6.600  11/29/2030      EUR    70.60
JUNTA ANDALUCIA          3.170   7/29/2039      JPY    50.69
JUNTA ANDALUCIA          5.700   7/20/2028      EUR    65.97
JUNTA ANDALUCIA          5.150   5/24/2034      EUR    56.21
JUNTA ANDALUCIA          4.250  10/31/2036      EUR    46.96
JUNTA ANDALUCIA          3.065   7/29/2039      JPY    49.44
JUNTA CASTILLA           4.650   11/8/2022      EUR    71.14
JUNTA LA MANCHA          3.875   1/31/2036      EUR    41.63
JUNTA LA MANCHA          4.625  11/30/2022      EUR    65.38
JUNTA LA MANCHA          5.950    9/9/2030      EUR    64.76
JUNTA LA MANCHA          4.875   3/18/2020      EUR    73.50
JUNTA LA MANCHA          2.810  10/14/2022      JPY    64.00
MAPFRE SA                5.921   7/24/2037      EUR    66.39
SACYR VALLEHERM          6.500    5/1/2016      EUR    59.05
SANTANDER ISSUAN         5.750   1/31/2018      GBP    74.51
SANTANDER ISSUAN         4.500   9/30/2019      EUR    74.48
SANTANDER ISSUAN         4.750   5/29/2019      EUR    73.99
SPANISH GOV'T            4.200   1/31/2037      EUR    73.19
XUNTA DE GALICIA         4.205  11/30/2019      EUR    74.94
XUNTA DE GALICIA         4.025  11/28/2035      EUR    47.71
XUNTA DE GALICIA         5.350  11/22/2028      EUR    63.59

SWEDEN
------
ASSA ABLOY AB            4.000   2/15/2027      EUR    74.46
SAS AB                   7.500    4/1/2015      SEK    74.92
SWEDISH EXP CRED         0.500   1/31/2022      ZAR    44.55
SWEDISH EXP CRED         0.500   8/26/2021      AUD    64.67
SWEDISH EXP CRED         0.500   8/25/2021      ZAR    46.08
SWEDISH EXP CRED         0.500   7/21/2017      BRL    68.23
SWEDISH EXP CRED         0.500   6/30/2017      BRL    68.54
SWEDISH EXP CRED         0.500   6/21/2017      BRL    68.67
SWEDISH EXP CRED         0.500   3/10/2017      BRL    70.23
SWEDISH EXP CRED         0.500    2/3/2017      BRL    70.78
SWEDISH EXP CRED         0.500   1/26/2017      BRL    70.94
SWEDISH EXP CRED         0.500  12/22/2016      BRL    71.49
SWEDISH EXP CRED         0.500  12/21/2016      BRL    71.51
SWEDISH EXP CRED         0.500  12/14/2016      BRL    71.62
SWEDISH EXP CRED         0.500   9/30/2016      ZAR    72.38
SWEDISH EXP CRED         0.500   9/20/2016      ZAR    72.49
SWEDISH EXP CRED         0.500   9/14/2016      BRL    73.08
SWEDISH EXP CRED         0.500   8/26/2016      ZAR    72.96
SWEDISH EXP CRED         0.500   8/25/2016      BRL    73.40
SWEDISH EXP CRED         0.500   8/25/2016      ZAR    72.93
SWEDISH EXP CRED         0.500   6/29/2016      BRL    73.90
SWEDISH EXP CRED         0.500   6/29/2016      TRY    71.36
SWEDISH EXP CRED         0.500   6/14/2016      BRL    74.57
SWEDISH EXP CRED         0.500   6/14/2016      ZAR    74.13
SWEDISH EXP CRED         0.500   5/31/2016      BRL    75.00
SWEDISH EXP CRED         0.500   5/27/2016      BRL    74.44
SWEDISH EXP CRED         0.500  11/27/2015      TRY    74.57
SWEDISH EXP CRED         7.500   6/12/2012      USD     6.95
SWEDISH EXP CRED         0.500   1/25/2028      USD    58.75
SWEDISH EXP CRED         0.500  12/17/2027      USD    59.12
SWEDISH EXP CRED         0.500   3/15/2022      ZAR    43.77
SWEDISH EXP CRED         0.500   2/22/2022      ZAR    44.00

SWITZERLAND
-----------
BANK JULIUS BAER        11.600   5/18/2012      USD    74.85
BANK JULIUS BAER         8.400   5/23/2012      CHF    52.90
BANK JULIUS BAER        10.000   5/23/2012      CHF    67.75
BANK JULIUS BAER        14.000   5/24/2012      EUR    74.95
BANK JULIUS BAER         8.500   5/25/2012      CHF    68.20
BANK JULIUS BAER         8.600   5/25/2012      EUR    73.90
BANK JULIUS BAER         9.200   5/25/2012      EUR    53.30
BANK JULIUS BAER        10.000   5/25/2012      CHF    67.70
BANK JULIUS BAER         9.000   5/30/2012      CHF    52.10
BANK JULIUS BAER        10.000    6/1/2012      CHF    53.45
BANK JULIUS BAER        11.200    6/1/2012      CHF    68.95
BANK JULIUS BAER        13.000    6/1/2012      USD    54.80
BANK JULIUS BAER         8.200    6/8/2012      CHF    70.35
BANK JULIUS BAER         7.400   6/14/2012      CAD    51.00
BANK JULIUS BAER         7.000   6/15/2012      CHF    73.55
BANK JULIUS BAER         8.700    8/5/2013      CHF    67.22
BANK JULIUS BAER        11.300    8/3/2012      CHF    70.70
BANK JULIUS BAER         9.300   7/27/2012      EUR    68.35
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        12.000    4/9/2013      CHF    51.20
BANK JULIUS BAER        17.300    2/1/2013      EUR    70.65
BANK JULIUS BAER        10.500  12/14/2012      USD    72.25
BANK JULIUS BAER         9.000   9/17/2012      CHF    44.90
BANK JULIUS BAER        10.000   1/28/2013      CHF    70.35
BANK JULIUS BAER         8.750   7/26/2012      EUR    73.75
BANK JULIUS BAER        11.700   7/20/2012      EUR    73.25
BANK JULIUS BAER        10.500   7/18/2012      CHF    59.45
BANK JULIUS BAER        14.300   7/13/2012      CHF    49.00
BANK JULIUS BAER        14.800    7/6/2012      EUR    59.15
BANK JULIUS BAER        12.400    7/6/2012      CHF    51.55
BANK JULIUS BAER        12.000    7/6/2012      EUR    62.15
BANK JULIUS BAER        11.900    7/6/2012      CHF    64.95
BANK JULIUS BAER        11.300    7/6/2012      CHF    42.60
BANK JULIUS BAER        10.500    7/6/2012      CHF    72.20
BANK JULIUS BAER        10.500    7/6/2012      USD    69.90
BANK JULIUS BAER        22.800    8/3/2012      USD    65.83
BANK JULIUS BAER        13.500   5/11/2012      EUR    70.00
BANK JULIUS BAER         8.200   5/18/2012      EUR    66.95
BANK JULIUS BAER         9.700   5/18/2012      USD    69.70
BANK JULIUS BAER        10.100    7/6/2012      CHF    42.00
BANK JULIUS BAER         9.000    7/6/2012      EUR    67.60
BANK JULIUS BAER         8.600    7/6/2012      CHF    74.65
BANK JULIUS BAER        11.900   6/29/2012      EUR    63.35
BANK JULIUS BAER         8.000   6/29/2012      EUR    73.60
BANK JULIUS BAER        14.000   6/28/2012      EUR    60.35
BANK JULIUS BAER        10.000   6/22/2012      CHF    74.25
BANK JULIUS BAER         8.750   6/15/2012      CHF    72.90
CLARIDEN LEU NAS         0.000  11/26/2013      CHF    60.65
CLARIDEN LEU NAS         0.000   11/4/2013      USD    74.59
CLARIDEN LEU NAS         0.000   11/4/2013      CHF    74.59
CLARIDEN LEU NAS         0.000   9/23/2013      CHF    52.92
CLARIDEN LEU NAS         3.250   9/16/2013      CHF    54.07
CLARIDEN LEU NAS         7.000   7/22/2013      CHF    70.95
CLARIDEN LEU NAS        13.000   7/15/2013      CHF    74.21
CLARIDEN LEU NAS        10.000   6/10/2013      CHF    61.57
CLARIDEN LEU NAS         0.000   5/31/2013      CHF    65.37
CLARIDEN LEU NAS         6.500   4/26/2013      CHF    55.60
CLARIDEN LEU NAS         0.000   3/25/2013      CHF    56.87
CLARIDEN LEU NAS        12.500    3/1/2013      USD    74.31
CLARIDEN LEU NAS        20.000   2/27/2013      USD    74.24
CLARIDEN LEU NAS         9.000   2/14/2013      CHF    69.36
CLARIDEN LEU NAS         0.000   1/24/2013      CHF    70.97
CLARIDEN LEU NAS         8.750   1/15/2013      CHF    71.11
CLARIDEN LEU NAS        18.000  12/28/2012      USD    72.46
CLARIDEN LEU NAS         8.250  12/17/2012      CHF    66.76
CLARIDEN LEU NAS         0.000  12/17/2012      EUR    66.37
CLARIDEN LEU NAS         0.000  12/14/2012      CHF    50.11
CLARIDEN LEU NAS        10.500  11/26/2012      EUR    66.02
CLARIDEN LEU NAS         8.000  11/20/2012      CHF    70.08
CLARIDEN LEU NAS         7.125  11/19/2012      CHF    55.76
CLARIDEN LEU NAS         9.000   6/15/2012      CHF    69.57
CLARIDEN LEU NAS         7.500  11/13/2012      CHF    55.89
CLARIDEN LEU NAS         7.250  11/13/2012      CHF    71.37
CLARIDEN LEU NAS        19.000  10/18/2012      USD    74.55
CLARIDEN LEU NAS        10.250  10/18/2012      EUR    74.48
CLARIDEN LEU NAS        10.000  10/15/2012      CHF    51.98
CLARIDEN LEU NAS         9.500  10/15/2012      CHF    52.57
CLARIDEN LEU NAS         8.500  10/15/2012      CHF    51.18
CLARIDEN LEU NAS         8.000  10/15/2012      CHF    69.35
CLARIDEN LEU NAS        10.500   10/8/2012      CHF    74.79
CLARIDEN LEU NAS        10.000   10/8/2012      EUR    57.80
CLARIDEN LEU NAS         9.000   10/8/2012      CHF    74.02
CLARIDEN LEU NAS         7.000   10/4/2012      CHF    52.45
CLARIDEN LEU NAS         9.000   9/24/2012      CHF    65.32
CLARIDEN LEU NAS        10.250   9/17/2012      CHF    52.06
CLARIDEN LEU NAS        10.000   9/11/2012      CHF    50.98
CLARIDEN LEU NAS        11.000   9/10/2012      EUR    67.30
CLARIDEN LEU NAS         7.500   9/10/2012      CHF    63.81
CLARIDEN LEU NAS        12.000    9/4/2012      EUR    42.95
CLARIDEN LEU NAS        10.500    9/4/2012      USD    69.49
CLARIDEN LEU NAS         9.250    9/4/2012      CHF    48.26
CLARIDEN LEU NAS         7.000   8/16/2012      CHF    51.44
CLARIDEN LEU NAS        12.000   8/15/2012      USD    72.96
CLARIDEN LEU NAS        10.000   8/10/2012      EUR    74.72
CLARIDEN LEU NAS        11.750    8/8/2012      EUR    66.86
CLARIDEN LEU NAS        10.000    8/8/2012      USD    73.19
CLARIDEN LEU NAS        10.000    8/3/2012      CHF    73.91
CLARIDEN LEU NAS        13.000    8/2/2012      EUR    72.74
CLARIDEN LEU NAS        11.000    8/2/2012      USD    65.07
CLARIDEN LEU NAS        10.500    8/2/2012      EUR    54.17
CLARIDEN LEU NAS        10.250    8/2/2012      CHF    65.86
CLARIDEN LEU NAS        12.000   7/26/2012      EUR    74.70
CLARIDEN LEU NAS         8.750   7/26/2012      CHF    60.80
CLARIDEN LEU NAS        11.000   7/25/2012      NOK    71.24
CLARIDEN LEU NAS        10.250   7/25/2012      USD    65.66
CLARIDEN LEU NAS        10.250   7/25/2012      EUR    74.07
CLARIDEN LEU NAS         9.250   7/25/2012      CHF    69.73
CLARIDEN LEU NAS        12.250   7/20/2012      USD    66.09
CLARIDEN LEU NAS         9.500   7/20/2012      CHF    65.05
CLARIDEN LEU NAS        10.750   7/19/2012      EUR    68.46
CLARIDEN LEU NAS         7.250  11/16/2012      CHF    56.24
CLARIDEN LEU NAS        11.000   7/18/2012      EUR    73.07
CLARIDEN LEU NAS        10.500   7/18/2012      CHF    63.44
CLARIDEN LEU NAS         7.900   7/18/2012      USD    68.49
CLARIDEN LEU NAS        11.750   7/13/2012      EUR    71.34
CLARIDEN LEU NAS         9.500   7/13/2012      EUR    56.84
CLARIDEN LEU NAS        11.750   7/12/2012      USD    64.39
CLARIDEN LEU NAS        10.500   7/12/2012      CHF    60.65
CLARIDEN LEU NAS        12.500   7/11/2012      EUR    65.72
CLARIDEN LEU NAS        10.000    7/6/2012      EUR    71.56
CLARIDEN LEU NAS        10.000    7/6/2012      CHF    72.72
CLARIDEN LEU NAS        11.000    7/5/2012      CHF    62.96
CLARIDEN LEU NAS        10.500    7/4/2012      EUR    66.39
CLARIDEN LEU NAS        10.250    7/4/2012      EUR    60.42
CLARIDEN LEU NAS        10.000    7/4/2012      CHF    62.55
CLARIDEN LEU NAS         9.500    7/4/2012      CHF    74.73
CLARIDEN LEU NAS         8.750    7/4/2012      CHF    66.69
CLARIDEN LEU NAS         8.500    7/4/2012      EUR    71.38
CLARIDEN LEU NAS        15.500   6/29/2012      EUR    44.53
CLARIDEN LEU NAS        10.000   6/27/2012      CHF    74.25
CLARIDEN LEU NAS        12.500   6/22/2012      EUR    74.94
CLARIDEN LEU NAS        11.250   6/22/2012      CHF    50.41
CLARIDEN LEU NAS        10.000   6/22/2012      CHF    58.17
CLARIDEN LEU NAS        10.500   6/21/2012      EUR    55.52
CLARIDEN LEU NAS        10.000   6/21/2012      EUR    62.47
CLARIDEN LEU NAS         9.000   6/21/2012      CHF    57.59
CLARIDEN LEU NAS        10.600   5/18/2012      CHF    52.91
CLARIDEN LEU NAS        10.000   5/18/2012      EUR    64.30
CLARIDEN LEU NAS        11.750   5/16/2012      EUR    71.12
CLARIDEN LEU NAS        10.550   5/16/2012      EUR    52.54
CLARIDEN LEU NAS        10.000   5/16/2012      EUR    69.96
CLARIDEN LEU NAS        10.000   5/16/2012      EUR    58.60
CLARIDEN LEU NAS        12.850   5/15/2012      CHF    74.65
CLARIDEN LEU NAS        12.000   5/11/2012      EUR    40.82
CLARIDEN LEU NAS        10.750   5/11/2012      CHF    54.72
CLARIDEN LEU NAS        14.000   5/23/2012      EUR    11.98
CLARIDEN LEU NAS        10.500   5/24/2012      EUR    73.54
CLARIDEN LEU NAS        12.750   5/24/2012      EUR    52.55
CLARIDEN LEU NAS        10.500   5/25/2012      CHF    68.38
CLARIDEN LEU NAS        13.000   5/23/2012      CHF    11.96
CLARIDEN LEU NAS        10.750   5/30/2012      CHF    54.73
CLARIDEN LEU NAS        12.250   5/31/2012      EUR    41.91
CLARIDEN LEU NAS         7.500    6/1/2012      EUR    65.75
CLARIDEN LEU NAS        11.500    6/1/2012      EUR    73.70
CLARIDEN LEU NAS        10.500   5/30/2012      EUR    67.63
CLARIDEN LEU NAS        13.250    6/1/2012      USD    13.25
CLARIDEN LEU NAS        10.000    6/6/2012      CHF    70.37
CLARIDEN LEU NAS        10.000    6/6/2012      NOK    64.18
CLARIDEN LEU NAS        11.000    6/6/2012      CAD    69.36
CLARIDEN LEU NAS        12.500    6/1/2012      CHF    13.26
CLARIDEN LEU NAS         7.500    6/8/2012      GBP    71.03
CLARIDEN LEU NAS         8.500    6/8/2012      CHF    65.39
CLARIDEN LEU NAS        13.500    6/8/2012      EUR    55.05
CLARIDEN LEU NAS         9.000   6/14/2012      CHF    55.24
CLARIDEN LEU NAS         9.250   6/14/2012      CHF    72.13
CLARIDEN LEU NAS        11.750   6/14/2012      EUR    74.46
CLARIDEN LEU NAS        12.000   6/14/2012      CHF    32.79
CLARIDEN LEU NAS         0.000    6/8/2012      CHF    63.11
CLARIDEN LEU NAS        10.500   6/15/2012      CHF    66.87
CLARIDEN LEU NAS         3.550   6/20/2012      CHF    50.15
CLARIDEN LEU NAS         8.500   6/20/2012      CHF    73.92
CLARIDEN LEU NAS        10.250   6/20/2012      SEK    70.97
CLARIDEN LEU NAS         0.000  10/15/2014      CHF    61.16
CLARIDEN LEU NAS         0.000   9/10/2014      CHF    56.98
CLARIDEN LEU NAS         0.000   8/27/2014      CHF    56.73
CLARIDEN LEU NAS         4.500   8/13/2014      CHF    45.97
CLARIDEN LEU NAS         5.250    8/6/2014      CHF    53.00
CLARIDEN LEU NAS         0.000   6/10/2014      CHF    63.44
CLARIDEN LEU NAS         0.000   6/10/2014      CHF    60.92
CLARIDEN LEU NAS         0.000   5/26/2014      CHF    63.78
CLARIDEN LEU NAS         0.000   5/13/2014      CHF    62.48
CLARIDEN LEU NAS         0.000   2/24/2014      CHF    52.42
CLARIDEN LEU NAS         0.000   2/11/2014      CHF    52.03
CLARIDEN LEU NAS        18.400  12/20/2013      EUR    74.02
CLARIDEN LEU NAS         9.000   7/19/2012      CHF    61.84
CLARIDEN LEU NAS        12.000   6/20/2012      USD    64.37
CLARIDEN LEU NAS        12.000   5/18/2012      EUR    52.39
CLARIDEN LEU NAS        10.000   5/23/2012      NOK    62.08
CLARIDEN LEU NAS        10.000   5/23/2012      CHF    74.23
CLARIDEN LEU NAS        11.500   5/23/2012      USD    64.24
CREDIT SUISSE LD         8.900   3/25/2013      EUR    61.82
CREDIT SUISSE LD         4.000  12/10/2012      EUR    43.90
SARASIN CI LTD           4.154   6/11/2012      CHF    69.19
SARASIN CI LTD           5.538   6/18/2012      CHF    52.84
SARASIN CI LTD           9.300   6/20/2012      CHF    73.63
SARASIN CI LTD          12.000   6/27/2012      CHF    45.47
SARASIN CI LTD           8.000    9/3/2012      CHF    54.90
SARASIN CI LTD           8.000   4/27/2015      CHF    65.88
SARASIN CI LTD          12.500   5/11/2012      CHF    58.99
SARASIN CI LTD           8.600   5/16/2012      CHF    70.01
SARASIN CI LTD           8.400   5/30/2012      CHF    67.98
SARASIN CI LTD           7.743    6/8/2012      CHF    69.14
SARASIN/GUERNSEY        10.000   7/20/2012      EUR    73.21
SARASIN/GUERNSEY        10.000   8/10/2012      EUR    54.64
SARASIN/GUERNSEY        12.100   7/12/2012      CHF    60.16
SARASIN/GUERNSEY        15.400   7/12/2012      EUR    71.03
SARASIN/GUERNSEY         7.200   7/16/2012      CHF    56.20
SARASIN/GUERNSEY         7.200   7/19/2012      CHF    73.31
SARASIN/GUERNSEY         7.600   7/13/2012      EUR    68.29
UBS AG                   8.000   3/12/2013      USD    60.78
UBS AG                   8.670   3/12/2013      USD     2.43
UBS AG                  11.920   3/12/2013      USD    16.25
UBS AG                  16.640   3/12/2013      USD    25.80
UBS AG                   5.540   3/14/2013      USD    30.13
UBS AG                   5.760   3/14/2013      USD    31.66
UBS AG                   6.500   3/14/2013      USD    19.04
UBS AG                   7.990   3/19/2013      USD    20.90
UBS AG                   9.850   3/22/2013      USD    20.47
UBS AG                   9.650   4/11/2013      USD    34.27
UBS AG                  11.250   4/11/2013      USD    26.20
UBS AG                   9.650   8/23/2013      USD    32.42
UBS AG                  10.200   9/20/2013      EUR    71.90
UBS AG                  12.900   9/20/2013      EUR    70.20
UBS AG                  15.900   9/20/2013      EUR    69.68
UBS AG                  11.020  10/21/2013      USD    58.10
UBS AG                   0.500   4/27/2015      CHF    51.55
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                   6.420   3/12/2013      USD    18.77
UBS AG                  13.760    3/6/2013      USD     6.38
UBS AG                  14.850   2/22/2013      EUR    74.20
UBS AG                  13.660   2/22/2013      EUR    74.98
UBS AG                  13.070   2/22/2013      EUR    72.66
UBS AG                  10.390   1/18/2013      USD    36.86
UBS AG                  21.700    1/4/2013      EUR    72.12
UBS AG                  20.570    1/4/2013      EUR    73.50
UBS AG                  19.440    1/4/2013      EUR    75.00
UBS AG                  19.090  12/21/2012      EUR    68.86
UBS AG                  18.000  12/21/2012      EUR    62.24
UBS AG                  10.000    3/7/2013      USD    72.80
UBS AG                  17.200  12/21/2012      EUR    73.64
UBS AG                  17.070  12/21/2012      EUR    69.02
UBS AG                  16.930  12/21/2012      EUR    63.22
UBS AG                  16.710  12/21/2012      EUR    71.24
UBS AG                  16.600  12/21/2012      EUR    66.32
UBS AG                  16.030  12/21/2012      EUR    69.96
UBS AG                  15.930  12/21/2012      EUR    65.58
UBS AG                  15.920  12/21/2012      EUR    72.12
UBS AG                  15.860  12/21/2012      EUR    64.30
UBS AG                  15.130  12/21/2012      EUR    73.04
UBS AG                  15.000  12/21/2012      EUR    70.98
UBS AG                  17.500  12/21/2012      EUR    70.40
UBS AG                  14.740  12/21/2012      EUR    66.82
UBS AG                  14.690  12/21/2012      EUR    71.00
UBS AG                  14.350  12/21/2012      EUR    74.00
UBS AG                  13.980  12/21/2012      EUR    72.08
UBS AG                  13.770  12/21/2012      EUR    66.84
UBS AG                  13.560  12/21/2012      EUR    68.18
UBS AG                  13.320  12/21/2012      EUR    72.42
UBS AG                  12.970  12/21/2012      EUR    73.26
UBS AG                  12.760  12/21/2012      EUR    68.30
UBS AG                  12.400  12/21/2012      EUR    69.70
UBS AG                  12.200  12/21/2012      EUR    70.00
UBS AG                  14.810  12/21/2012      EUR    65.52
UBS AG                  11.970  12/21/2012      EUR    74.56
UBS AG                  11.770  12/21/2012      EUR    69.90
UBS AG                  11.330  12/21/2012      EUR    74.88
UBS AG                  11.270  12/21/2012      EUR    71.36
UBS AG                  10.810  12/21/2012      EUR    71.64
UBS AG                  10.160  12/21/2012      EUR    73.16
UBS AG                   9.890  12/21/2012      EUR    73.52
UBS AG                  13.600  11/12/2012      EUR    45.42
UBS AG                  13.560  11/12/2012      EUR    47.98
UBS AG                  12.000  11/12/2012      EUR    70.20
UBS AG                  11.980  12/21/2012      EUR    74.02
UBS AG                  11.260  11/12/2012      EUR    54.30
UBS AG                  10.930  11/12/2012      EUR    49.08
UBS AG                   9.650  11/12/2012      EUR    47.84
UBS AG                   9.470  11/12/2012      EUR    51.36
UBS AG                   9.020  11/12/2012      EUR    53.68
UBS AG                   8.780  11/12/2012      EUR    74.82
UBS AG                   8.590  11/12/2012      EUR    59.62
UBS AG                   8.370  11/12/2012      EUR    58.42
UBS AG                   8.280  11/12/2012      EUR    70.38
UBS AG                   8.280  11/12/2012      EUR    70.38
UBS AG                   6.700  11/12/2012      EUR    55.96
UBS AG                  11.660  11/12/2012      EUR    45.04
UBS AG                  12.500   11/1/2012      EUR    74.16
UBS AG                  12.760  10/18/2012      USD    13.46
UBS AG                  12.850  10/17/2012      USD    12.32
UBS AG                  10.320   10/4/2012      CHF    65.35
UBS AG                   9.920   10/4/2012      CHF    65.30
UBS AG                  13.820   10/3/2012      USD    13.36
UBS AG                  11.580   10/1/2012      EUR    67.84
UBS AG                  11.560   10/1/2012      EUR    36.06
UBS AG                  11.530   10/1/2012      EUR    67.82
UBS AG                  11.460   10/1/2012      EUR    36.02
UBS AG                  11.460   10/1/2012      EUR    67.80
UBS AG                   6.070  11/12/2012      EUR    63.24
UBS AG                  11.330   10/1/2012      EUR    35.98
UBS AG                  11.280   10/1/2012      EUR    67.72
UBS AG                  11.160   10/1/2012      EUR    67.68
UBS AG                  11.150   10/1/2012      EUR    35.92
UBS AG                  11.010   10/1/2012      EUR    67.62
UBS AG                  10.930   10/1/2012      EUR    35.84
UBS AG                  10.840   10/1/2012      EUR    67.56
UBS AG                  10.740   10/1/2012      EUR    58.72
UBS AG                  10.650   10/1/2012      EUR    35.72
UBS AG                  10.640   10/1/2012      EUR    67.50
UBS AG                  10.620   10/1/2012      EUR    58.72
UBS AG                  11.380   10/1/2012      EUR    67.76
UBS AG                  10.410   10/1/2012      EUR    67.40
UBS AG                  10.310   10/1/2012      EUR    35.60
UBS AG                  10.220   10/1/2012      EUR    58.54
UBS AG                  10.150   10/1/2012      EUR    67.32
UBS AG                   9.930   10/1/2012      EUR    58.42
UBS AG                   9.910   10/1/2012      EUR    35.46
UBS AG                   9.900   10/1/2012      EUR    33.58
UBS AG                   9.860   10/1/2012      EUR    67.24
UBS AG                   9.580   10/1/2012      EUR    58.30
UBS AG                   9.540   10/1/2012      EUR    67.08
UBS AG                   9.440   10/1/2012      EUR    35.28
UBS AG                  10.440   10/1/2012      EUR    58.62
UBS AG                   9.200   10/1/2012      EUR    33.28
UBS AG                   9.160   10/1/2012      EUR    58.14
UBS AG                   9.060   10/1/2012      EUR    65.74
UBS AG                   8.950   10/1/2012      EUR    74.18
UBS AG                   8.910   10/1/2012      EUR    35.08
UBS AG                   8.910   10/1/2012      EUR    65.64
UBS AG                   8.740   10/1/2012      EUR    74.06
UBS AG                   8.730   10/1/2012      EUR    33.12
UBS AG                   8.720   10/1/2012      EUR    65.58
UBS AG                   8.720   10/1/2012      EUR    65.30
UBS AG                   8.660   10/1/2012      EUR    57.96
UBS AG                   9.360   10/1/2012      EUR    33.34
UBS AG                   8.500   10/1/2012      EUR    65.50
UBS AG                   8.490   10/1/2012      EUR    73.96
UBS AG                   8.420   10/1/2012      EUR    33.00
UBS AG                   8.400   10/1/2012      EUR    65.18
UBS AG                   8.310   10/1/2012      EUR    34.86
UBS AG                   8.260   10/1/2012      EUR    65.12
UBS AG                   8.240   10/1/2012      EUR    65.42
UBS AG                   8.200   10/1/2012      EUR    73.86
UBS AG                   8.200   10/1/2012      EUR    74.96
UBS AG                   8.090   10/1/2012      EUR    65.06
UBS AG                   8.090   10/1/2012      EUR    57.74
UBS AG                   8.530   10/1/2012      EUR    65.22
UBS AG                   7.940   10/1/2012      EUR    65.30
UBS AG                   7.900   10/1/2012      EUR    65.00
UBS AG                   7.850   10/1/2012      EUR    73.74
UBS AG                   7.840   10/1/2012      EUR    32.78
UBS AG                   7.810   10/1/2012      EUR    74.82
UBS AG                   7.680   10/1/2012      EUR    64.92
UBS AG                   7.660   10/1/2012      EUR    34.62
UBS AG                   7.620   10/1/2012      EUR    32.70
UBS AG                   7.610   10/1/2012      EUR    65.16
UBS AG                   7.470   10/1/2012      EUR    73.60
UBS AG                   7.460   10/1/2012      EUR    63.90
UBS AG                   8.050   10/1/2012      EUR    32.86
UBS AG                   7.380   10/1/2012      EUR    73.22
UBS AG                   7.380   10/1/2012      EUR    74.66
UBS AG                   7.380   10/1/2012      EUR    32.62
UBS AG                   7.240   10/1/2012      EUR    65.04
UBS AG                   7.210   10/1/2012      EUR    73.16
UBS AG                   7.190   10/1/2012      EUR    64.74
UBS AG                   7.140   10/1/2012      EUR    32.52
UBS AG                   7.040   10/1/2012      EUR    73.44
UBS AG                   7.030   10/1/2012      EUR    73.08
UBS AG                  24.960   9/28/2012      EUR    68.24
UBS AG                  23.560   9/28/2012      EUR    69.96
UBS AG                   7.450   10/1/2012      EUR    64.82
UBS AG                  21.970   9/28/2012      EUR    66.54
UBS AG                  20.920   9/28/2012      EUR    59.30
UBS AG                  20.740   9/28/2012      EUR    73.86
UBS AG                  19.990   9/28/2012      EUR    68.48
UBS AG                  19.910   9/28/2012      EUR    70.86
UBS AG                  19.880   9/28/2012      EUR    66.32
UBS AG                  19.580   9/28/2012      EUR    60.44
UBS AG                  19.000   9/28/2012      EUR    69.52
UBS AG                  18.580   9/28/2012      EUR    67.40
UBS AG                  18.250   9/28/2012      EUR    72.48
UBS AG                  18.240   9/28/2012      EUR    61.70
UBS AG                  22.150   9/28/2012      EUR    71.84
UBS AG                  18.020   9/28/2012      EUR    70.62
UBS AG                  17.280   9/28/2012      EUR    68.58
UBS AG                  17.090   9/28/2012      EUR    68.66
UBS AG                  17.050   9/28/2012      EUR    71.80
UBS AG                  16.930   9/28/2012      EUR    63.08
UBS AG                  16.720   9/28/2012      EUR    64.38
UBS AG                  16.620   9/28/2012      EUR    74.28
UBS AG                  16.090   9/28/2012      EUR    73.02
UBS AG                  16.000   9/28/2012      EUR    69.86
UBS AG                  15.640   9/28/2012      EUR    64.60
UBS AG                  15.370   9/28/2012      EUR    70.32
UBS AG                  18.220   9/28/2012      EUR    62.96
UBS AG                  15.130   9/28/2012      EUR    74.30
UBS AG                  14.740   9/28/2012      EUR    71.24
UBS AG                  14.390   9/28/2012      EUR    66.26
UBS AG                  13.800   9/28/2012      EUR    67.72
UBS AG                  13.700   9/28/2012      EUR    72.14
UBS AG                  13.500   9/28/2012      EUR    72.74
UBS AG                  13.180   9/28/2012      EUR    68.08
UBS AG                  12.890   9/28/2012      EUR    73.14
UBS AG                  12.390   9/28/2012      EUR    69.64
UBS AG                  12.300   9/28/2012      EUR    74.34
UBS AG                  12.100   9/28/2012      EUR    74.18
UBS AG                  15.240   9/28/2012      EUR    65.96
UBS AG                  11.040   9/28/2012      EUR    71.74
UBS AG                  10.900   9/28/2012      EUR    72.24
UBS AG                   9.830   9/28/2012      EUR    74.58
UBS AG                   9.750   9/28/2012      EUR    74.04
UBS AG                  22.700   9/21/2012      EUR    65.30
UBS AG                  13.000   9/21/2012      EUR    68.68
UBS AG                  10.740   9/17/2012      USD    33.58
UBS AG                  19.660    9/3/2012      EUR    71.06
UBS AG                  17.730    9/3/2012      EUR    68.70
UBS AG                  17.640    9/3/2012      EUR    72.90
UBS AG                  13.980    9/3/2012      EUR    74.34
UBS AG                  12.020   9/28/2012      EUR    70.06
UBS AG                   9.430   8/31/2012      USD    33.27
UBS AG                  14.000   8/27/2012      CHF    69.50
UBS AG                  17.250   8/15/2012      EUR    52.95
UBS AG                   9.500   8/10/2012      USD    28.61
UBS AG                  11.500    8/2/2012      CHF    68.75
UBS AG                  11.000    8/2/2012      EUR    58.95
UBS AG                  10.500    8/2/2012      EUR    56.95
UBS AG                  10.000    8/2/2012      CHF    65.20
UBS AG                  12.040   7/31/2012      USD    14.91
UBS AG                   8.460   7/31/2012      USD    35.27
UBS AG                  12.000   7/25/2012      EUR    60.15
UBS AG                   9.070    9/3/2012      EUR    65.84
UBS AG                  10.600   7/20/2012      CHF    66.00
UBS AG                  10.020   7/20/2012      USD    10.92
UBS AG                   8.000   7/18/2012      CHF    74.55
UBS AG                  14.400   6/29/2012      CHF    46.40
UBS AG                  12.100   6/29/2012      CHF    74.40
UBS AG                  12.000   6/29/2012      EUR    59.00
UBS AG                  10.200   6/29/2012      CHF    74.80
UBS AG                  12.750   6/25/2012      EUR    33.18
UBS AG                  12.610   6/25/2012      EUR    33.16
UBS AG                  12.510   6/25/2012      EUR    65.26
UBS AG                  12.450   6/25/2012      EUR    65.24
UBS AG                  12.410   6/25/2012      EUR    33.14
UBS AG                  10.960   7/20/2012      USD    24.73
UBS AG                  12.270   6/25/2012      EUR    65.22
UBS AG                  12.170   6/25/2012      EUR    33.12
UBS AG                  12.140   6/25/2012      EUR    65.22
UBS AG                  11.990   6/25/2012      EUR    65.20
UBS AG                  11.860   6/25/2012      EUR    33.08
UBS AG                  11.810   6/25/2012      EUR    65.18
UBS AG                  11.600   6/25/2012      EUR    65.18
UBS AG                  11.480   6/25/2012      EUR    33.04
UBS AG                  11.380   6/25/2012      EUR    56.02
UBS AG                  11.360   6/25/2012      EUR    65.14
UBS AG                  11.180   6/25/2012      EUR    56.00
UBS AG                  11.080   6/25/2012      EUR    65.10
UBS AG                  12.370   6/25/2012      EUR    65.24
UBS AG                  10.920   6/25/2012      EUR    55.96
UBS AG                  10.770   6/25/2012      EUR    65.08
UBS AG                  10.650   6/25/2012      EUR    73.46
UBS AG                  10.590   6/25/2012      EUR    55.94
UBS AG                  10.510   6/25/2012      EUR    73.44
UBS AG                  10.500   6/25/2012      EUR    32.94
UBS AG                  10.420   6/25/2012      EUR    65.04
UBS AG                  10.330   6/25/2012      EUR    73.42
UBS AG                  10.190   6/25/2012      EUR    55.90
UBS AG                  10.120   6/25/2012      EUR    73.40
UBS AG                  10.040   6/25/2012      EUR    65.00
UBS AG                   9.920   6/25/2012      EUR    30.94
UBS AG                  11.030   6/25/2012      EUR    33.02
UBS AG                   9.890   6/25/2012      EUR    63.38
UBS AG                   9.860   6/25/2012      EUR    73.38
UBS AG                   9.710   6/25/2012      EUR    30.92
UBS AG                   9.700   6/25/2012      EUR    55.84
UBS AG                   9.660   6/25/2012      EUR    63.36
UBS AG                   9.610   6/25/2012      EUR    71.86
UBS AG                   9.550   6/25/2012      EUR    73.34
UBS AG                   9.430   6/25/2012      EUR    30.90
UBS AG                   9.390   6/25/2012      EUR    63.34
UBS AG                   9.330   6/25/2012      EUR    63.14
UBS AG                   9.310   6/25/2012      EUR    71.82
UBS AG                   9.220   6/25/2012      EUR    32.82
UBS AG                   9.900   6/25/2012      EUR    32.88
UBS AG                   9.130   6/25/2012      EUR    55.78
UBS AG                   9.090   6/25/2012      EUR    30.86
UBS AG                   9.080   6/25/2012      EUR    63.12
UBS AG                   9.080   6/25/2012      EUR    63.30
UBS AG                   8.950   6/25/2012      EUR    71.78
UBS AG                   8.910   6/25/2012      EUR    63.10
UBS AG                   8.810   6/25/2012      EUR    73.26
UBS AG                   8.720   6/25/2012      EUR    63.08
UBS AG                   8.720   6/25/2012      EUR    63.26
UBS AG                   8.690   6/25/2012      EUR    30.82
UBS AG                   8.540   6/25/2012      EUR    71.74
UBS AG                   8.510   6/25/2012      EUR    63.06
UBS AG                   9.200   6/25/2012      EUR    73.32
UBS AG                   8.490   6/25/2012      EUR    55.72
UBS AG                   8.360   6/25/2012      EUR    73.20
UBS AG                   8.320   6/25/2012      EUR    63.22
UBS AG                   8.270   6/25/2012      EUR    63.04
UBS AG                   8.220   6/25/2012      EUR    30.76
UBS AG                   8.070   6/25/2012      EUR    71.68
UBS AG                   8.000   6/25/2012      EUR    63.02
UBS AG                   7.960   6/25/2012      EUR    30.74
UBS AG                   7.890   6/25/2012      EUR    63.18
UBS AG                   7.870   6/25/2012      EUR    73.18
UBS AG                   7.870   6/25/2012      EUR    71.44
UBS AG                   7.770   6/25/2012      EUR    55.66
UBS AG                   8.490   6/25/2012      EUR    32.74
UBS AG                   7.710   6/25/2012      EUR    32.66
UBS AG                   7.690   6/25/2012      EUR    30.72
UBS AG                   7.670   6/25/2012      EUR    71.42
UBS AG                   7.560   6/25/2012      EUR    71.64
UBS AG                   7.420   6/25/2012      EUR    63.12
UBS AG                   7.420   6/25/2012      EUR    71.40
UBS AG                   7.410   6/25/2012      EUR    30.70
UBS AG                   7.400   6/25/2012      EUR    62.96
UBS AG                   7.350   6/25/2012      EUR    73.12
UBS AG                   7.150   6/25/2012      EUR    71.36
UBS AG                   7.110   6/25/2012      EUR    30.66
UBS AG                   7.070   6/25/2012      EUR    66.90
UBS AG                   7.720   6/25/2012      EUR    62.98
UBS AG                  28.770   6/22/2012      EUR    64.70
UBS AG                  27.030   6/22/2012      EUR    62.22
UBS AG                  26.850   6/22/2012      EUR    67.06
UBS AG                  26.100   6/22/2012      EUR    54.28
UBS AG                  24.950   6/22/2012      EUR    69.62
UBS AG                  24.900   6/22/2012      EUR    61.52
UBS AG                  24.690   6/22/2012      EUR    66.06
UBS AG                  24.310   6/22/2012      EUR    64.90
UBS AG                  24.260   6/22/2012      EUR    55.74
UBS AG                  23.100   6/22/2012      EUR    62.92
UBS AG                  23.060   6/22/2012      EUR    72.44
UBS AG                  22.970   6/22/2012      EUR    66.34
UBS AG                   7.010   6/25/2012      EUR    71.58
UBS AG                  22.440   6/22/2012      EUR    57.34
UBS AG                  22.360   6/22/2012      EUR    68.08
UBS AG                  22.200   6/22/2012      EUR    58.52
UBS AG                  21.630   6/22/2012      EUR    67.86
UBS AG                  21.370   6/22/2012      EUR    64.56
UBS AG                  21.300   6/22/2012      EUR    64.42
UBS AG                  20.650   6/22/2012      EUR    59.04
UBS AG                  20.320   6/22/2012      EUR    69.46
UBS AG                  20.120   6/22/2012      EUR    60.32
UBS AG                  20.060   6/22/2012      EUR    70.28
UBS AG                  19.530   6/22/2012      EUR    66.00
UBS AG                  19.020   6/22/2012      EUR    71.14
UBS AG                  22.490   6/22/2012      EUR    73.16
UBS AG                  18.910   6/22/2012      EUR    60.90
UBS AG                  18.080   6/22/2012      EUR    62.26
UBS AG                  17.830   6/22/2012      EUR    72.66
UBS AG                  17.790   6/22/2012      EUR    67.70
UBS AG                  17.730   6/22/2012      EUR    72.92
UBS AG                  17.230   6/22/2012      EUR    62.90
UBS AG                  16.710   6/22/2012      EUR    68.86
UBS AG                  16.460   6/22/2012      EUR    74.78
UBS AG                  16.110   6/22/2012      EUR    64.38
UBS AG                  16.100   6/22/2012      EUR    69.52
UBS AG                  15.620   6/22/2012      EUR    65.08
UBS AG                  15.610   6/22/2012      EUR    70.06
UBS AG                  19.000   6/22/2012      EUR    66.62
UBS AG                  14.470   6/22/2012      EUR    71.48
UBS AG                  14.210   6/22/2012      EUR    66.68
UBS AG                  14.080   6/22/2012      EUR    67.46
UBS AG                  13.500   6/22/2012      EUR    72.64
UBS AG                  12.910   6/22/2012      EUR    73.56
UBS AG                  12.620   6/22/2012      EUR    70.06
UBS AG                  12.500   6/22/2012      EUR    74.02
UBS AG                  12.400   6/22/2012      EUR    69.22
UBS AG                  11.230   6/22/2012      EUR    72.88
UBS AG                  10.710   6/22/2012      EUR    72.00
UBS AG                   8.000   6/14/2012      CHF    71.50
UBS AG                  15.000    6/6/2012      CHF    65.55
UBS AG                  14.540   6/22/2012      EUR    71.32
UBS AG                  10.000    6/6/2012      CHF    70.10
UBS AG                   8.000    6/6/2012      CHF    71.70
UBS AG                  17.720    6/4/2012      EUR    42.42
UBS AG                  15.860    6/4/2012      EUR    65.08
UBS AG                  13.680    6/4/2012      EUR    74.70
UBS AG                  10.740    6/4/2012      EUR    74.74
UBS AG                  10.470    6/4/2012      EUR    50.38
UBS AG                   9.850    6/4/2012      EUR    74.20
UBS AG                   9.820    6/4/2012      EUR    72.02
UBS AG                  14.620    6/1/2012      EUR    73.20
UBS AG                  14.000   5/23/2012      USD     8.96
UBS AG                  13.700   5/23/2012      USD    13.94
UBS AG                  10.600    6/6/2012      CHF    71.85
UBS AG                   9.000   5/18/2012      EUR    69.05
UBS AG                  15.150   5/11/2012      EUR    41.02
UBS AG                  13.150   5/11/2012      EUR    51.38
UBS AG                  12.900   5/11/2012      EUR    47.94
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                  13.300   5/23/2012      USD     3.71
UBS AG                   6.600   5/11/2012      USD    54.75
UBS AG                   6.550   5/11/2012      EUR    64.96
UBS AG                   6.870   5/11/2012      EUR    55.10
UBS AG JERSEY            3.220   7/31/2012      EUR    32.51

UNITED KINGDOM
--------------
ALLIANC&LEIC BLD         5.875   8/14/2031      GBP    73.48
ALPHA CREDIT GRP         6.000   6/20/2014      EUR    73.88
BAKKAVOR FIN 2           8.250   2/15/2018      GBP    82.36
BANK NADRA               8.000   6/22/2017      USD    50.35
BARCLAYS BK PLC         10.750   3/22/2013      EUR    53.10
BARCLAYS BK PLC          8.750    1/2/2013      EUR    63.57
BARCLAYS BK PLC          8.500    1/2/2013      EUR    67.39
BARCLAYS BK PLC          8.000    1/2/2013      EUR    54.78
BARCLAYS BK PLC          7.000    1/2/2013      EUR    68.59
BARCLAYS BK PLC          7.000    1/2/2013      EUR    58.42
BARCLAYS BK PLC          6.000    1/2/2013      EUR    61.17
BARCLAYS BK PLC          6.000    1/2/2013      EUR    72.32
BARCLAYS BK PLC         12.730  12/14/2012      EUR    69.46
BARCLAYS BK PLC         12.500  12/14/2012      EUR    64.75
BARCLAYS BK PLC         11.000  12/14/2012      EUR    51.68
BARCLAYS BK PLC         10.930  12/14/2012      EUR    67.39
BARCLAYS BK PLC         10.500  12/14/2012      EUR    57.96
BARCLAYS BK PLC          9.500  12/14/2012      EUR    63.65
BARCLAYS BK PLC          8.750  12/14/2012      EUR    55.67
BARCLAYS BK PLC          8.000  12/14/2012      EUR    73.96
BARCLAYS BK PLC          8.000  12/14/2012      EUR    63.30
BARCLAYS BK PLC          9.000  10/16/2012      USD    11.08
BARCLAYS BK PLC          8.500  10/16/2012      USD    10.85
BARCLAYS BK PLC         14.000   10/1/2012      USD    10.30
BARCLAYS BK PLC          9.000   10/1/2012      USD     9.96
BARCLAYS BK PLC         13.500   9/28/2012      EUR    55.40
BARCLAYS BK PLC         13.000   9/28/2012      EUR    45.79
BARCLAYS BK PLC         12.500   9/28/2012      EUR    58.67
BARCLAYS BK PLC         11.750   9/28/2012      EUR    49.12
BARCLAYS BK PLC         10.500   9/28/2012      EUR    60.46
BARCLAYS BK PLC         13.750   6/22/2012      EUR    51.22
BARCLAYS BK PLC         10.000   9/28/2012      EUR    51.84
BARCLAYS BK PLC          9.500   9/28/2012      EUR    61.06
BARCLAYS BK PLC          8.500   9/28/2012      EUR    66.44
BARCLAYS BK PLC          8.000   9/28/2012      USD    10.59
BARCLAYS BK PLC          8.000   9/28/2012      EUR    53.46
BARCLAYS BK PLC          7.000   9/28/2012      EUR    57.81
BARCLAYS BK PLC          7.000   9/28/2012      EUR    68.05
BARCLAYS BK PLC          6.000   9/28/2012      EUR    60.60
BARCLAYS BK PLC          6.000   9/28/2012      EUR    71.97
BARCLAYS BK PLC         11.000   9/19/2012      EUR    74.61
BARCLAYS BK PLC         14.070   9/14/2012      EUR    68.13
BARCLAYS BK PLC         13.750   9/14/2012      EUR    62.52
BARCLAYS BK PLC         12.200   9/14/2012      EUR    65.31
BARCLAYS BK PLC         12.000   9/14/2012      EUR    48.81
BARCLAYS BK PLC         11.000   9/14/2012      EUR    55.65
BARCLAYS BK PLC         10.250   9/14/2012      EUR    61.18
BARCLAYS BK PLC          9.250   9/14/2012      EUR    53.46
BARCLAYS BK PLC          8.000   9/14/2012      EUR    61.62
BARCLAYS BK PLC          8.000   9/14/2012      EUR    74.17
BARCLAYS BK PLC          8.000   9/11/2012      USD    10.86
BARCLAYS BK PLC          8.000   9/11/2012      USD    10.63
BARCLAYS BK PLC          9.250   8/31/2012      USD    31.84
BARCLAYS BK PLC          9.000   8/28/2012      USD     8.95
BARCLAYS BK PLC         10.800   7/31/2012      USD    26.51
BARCLAYS BK PLC         11.500   7/27/2012      USD     8.31
BARCLAYS BK PLC          7.000   7/27/2012      USD    10.10
BARCLAYS BK PLC         10.000   7/20/2012      USD     6.46
BARCLAYS BK PLC          8.000   6/29/2012      USD     9.36
BARCLAYS BK PLC         16.750   6/22/2012      EUR    60.41
BARCLAYS BK PLC         15.000   6/22/2012      EUR    74.47
BARCLAYS BK PLC         15.000   6/22/2012      EUR    51.84
BARCLAYS BK PLC         14.500   6/22/2012      EUR    54.84
BARCLAYS BK PLC         14.500   6/22/2012      EUR    42.50
BARCLAYS BK PLC         13.750   6/22/2012      EUR    55.32
BARCLAYS BK PLC          6.000   6/22/2012      EUR    63.10
BARCLAYS BK PLC         13.500   6/22/2012      EUR    71.76
BARCLAYS BK PLC         13.500   6/22/2012      EUR    67.82
BARCLAYS BK PLC         13.000   6/22/2012      EUR    61.16
BARCLAYS BK PLC         12.750   6/22/2012      EUR    46.14
BARCLAYS BK PLC         12.000   6/22/2012      EUR    63.22
BARCLAYS BK PLC         12.000   6/22/2012      EUR    72.25
BARCLAYS BK PLC         12.000   6/22/2012      EUR    50.52
BARCLAYS BK PLC         11.750   6/22/2012      EUR    52.55
BARCLAYS BK PLC         11.500   6/22/2012      EUR    47.86
BARCLAYS BK PLC         11.500   6/22/2012      EUR    57.30
BARCLAYS BK PLC         11.000   6/22/2012      EUR    48.87
BARCLAYS BK PLC         10.750   6/22/2012      EUR    49.40
BARCLAYS BK PLC         10.750   6/22/2012      EUR    64.45
BARCLAYS BK PLC         10.500   6/22/2012      EUR    54.06
BARCLAYS BK PLC         10.500   6/22/2012      EUR    56.86
BARCLAYS BK PLC         10.500   6/22/2012      EUR    49.57
BARCLAYS BK PLC         10.000   6/22/2012      EUR    58.85
BARCLAYS BK PLC         10.000   6/22/2012      EUR    74.97
BARCLAYS BK PLC          9.750   6/22/2012      EUR    52.70
BARCLAYS BK PLC          9.500   6/22/2012      EUR    67.69
BARCLAYS BK PLC          8.750   6/22/2012      EUR    68.89
BARCLAYS BK PLC          8.500   6/22/2012      EUR    57.22
BARCLAYS BK PLC          8.250   6/22/2012      EUR    57.95
BARCLAYS BK PLC          8.000   6/22/2012      EUR    58.08
BARCLAYS BK PLC          8.000   6/22/2012      EUR    64.99
BARCLAYS BK PLC          8.000   6/22/2012      EUR    55.17
BARCLAYS BK PLC          8.000   6/22/2012      EUR    68.17
BARCLAYS BK PLC          8.000   6/22/2012      EUR    51.77
BARCLAYS BK PLC          7.250   6/22/2012      EUR    55.49
BARCLAYS BK PLC          7.000   6/22/2012      EUR    56.54
BARCLAYS BK PLC          7.000   6/22/2012      EUR    66.47
BARCLAYS BK PLC          7.000   6/22/2012      EUR    73.63
BARCLAYS BK PLC          7.000   6/22/2012      EUR    60.76
BARCLAYS BK PLC          6.000   6/22/2012      EUR    59.30
BARCLAYS BK PLC          8.000    6/8/2012      EUR    60.27
BARCLAYS BK PLC          6.000   6/22/2012      EUR    62.52
BARCLAYS BK PLC          6.000   6/22/2012      EUR    70.43
BARCLAYS BK PLC          6.000   6/22/2012      EUR    59.90
BARCLAYS BK PLC         16.080    6/8/2012      EUR    66.05
BARCLAYS BK PLC         15.750    6/8/2012      EUR    59.65
BARCLAYS BK PLC         14.220    6/8/2012      EUR    62.27
BARCLAYS BK PLC         13.000    6/8/2012      EUR    45.85
BARCLAYS BK PLC         12.500    6/8/2012      EUR    52.35
BARCLAYS BK PLC         12.000    6/8/2012      EUR    58.24
BARCLAYS BK PLC         11.750    6/8/2012      EUR    46.30
BARCLAYS BK PLC         11.250    6/8/2012      EUR    74.54
BARCLAYS BK PLC         11.090    6/8/2012      EUR    55.13
BARCLAYS BK PLC         11.000    6/8/2012      EUR    57.30
BARCLAYS BK PLC         11.000    6/8/2012      EUR    58.51
BARCLAYS BK PLC         11.000    6/8/2012      EUR    64.11
BARCLAYS BK PLC         11.000    6/8/2012      EUR    73.71
BARCLAYS BK PLC         11.000    6/8/2012      EUR    70.96
BARCLAYS BK PLC         10.780    6/8/2012      EUR    67.34
BARCLAYS BK PLC         10.520    6/8/2012      EUR    60.72
BARCLAYS BK PLC         10.500    6/8/2012      EUR    49.63
BARCLAYS BK PLC         10.250    6/8/2012      EUR    55.71
BARCLAYS BK PLC          9.750    6/8/2012      EUR    70.80
BARCLAYS BK PLC          9.750    6/8/2012      EUR    50.99
BARCLAYS BK PLC          9.500    6/8/2012      EUR    65.33
BARCLAYS BK PLC          9.250    6/8/2012      EUR    65.54
BARCLAYS BK PLC          9.000    6/8/2012      EUR    74.03
BARCLAYS BK PLC          8.500    6/8/2012      EUR    50.37
BARCLAYS BK PLC          8.250    6/8/2012      EUR    63.93
BARCLAYS BK PLC          8.250    6/8/2012      EUR    52.00
BARCLAYS BK PLC          8.000    6/8/2012      EUR    69.43
BARCLAYS BK PLC          8.000    6/8/2012      EUR    60.40
BARCLAYS BK PLC          8.000    6/8/2012      EUR    53.28
BARCLAYS BK PLC          7.000    6/8/2012      EUR    66.66
BARCLAYS BK PLC          7.000    6/8/2012      EUR    61.73
BARCLAYS BK PLC          7.000    6/8/2012      EUR    74.55
BARCLAYS BK PLC          6.000    6/8/2012      EUR    64.78
BARCLAYS BK PLC          5.000    6/8/2012      EUR    72.09
BARCLAYS BK PLC          5.000    6/8/2012      EUR    67.12
BARCLAYS BK PLC          0.500   9/24/2019      AUD    65.11
BARCLAYS BK PLC          0.500   12/3/2017      AUD    73.37
BARCLAYS BK PLC         11.500   6/28/2013      EUR    52.61
BARCLAYS BK PLC         11.000   6/28/2013      EUR    54.41
BARCLAYS BK PLC         10.000   6/28/2013      EUR    55.99
BARCLAYS BK PLC          8.000   6/28/2013      EUR    57.67
BARCLAYS BK PLC         11.500   3/22/2013      EUR    50.63
BARCLAYS BK PLC         10.500   9/28/2012      EUR    50.88
BARCLAYS BK PLC         10.000   3/22/2013      EUR    54.19
BARCLAYS BK PLC          8.000   3/22/2013      EUR    55.98
BARCLAYS BK PLC         12.500    1/2/2013      EUR    58.07
BARCLAYS BK PLC         12.000    1/2/2013      EUR    48.69
BARCLAYS BK PLC         11.500    1/2/2013      EUR    61.65
BARCLAYS BK PLC         11.000    1/2/2013      EUR    51.54
BARCLAYS BK PLC         10.000    1/2/2013      EUR    62.59
BARCLAYS BK PLC         10.000    1/2/2013      EUR    52.99
BARCLAYS BK PLC          9.500    1/2/2013      EUR    53.51
CO-OPERATIVE BNK         5.750   12/2/2024      GBP    73.63
CO-OPERATIVE BNK         5.875   3/28/2033      GBP    72.54
DUNFERMLINE BS           6.000   3/31/2015      GBP     0.75
EFG HELLAS PLC           6.010    1/9/2036      EUR    34.25
EFG HELLAS PLC           5.400   11/2/2047      EUR    30.00
EMPORIKI GRP FIN         5.100   12/9/2021      EUR    38.50
EMPORIKI GRP FIN         6.000   5/18/2022      EUR    41.50
EMPORIKI GRP FIN         5.000   2/24/2022      EUR    37.63
EMPORIKI GRP FIN         5.000   12/2/2021      EUR    38.13
EMPORIKI GRP FIN         4.350   7/22/2014      EUR    61.25
ENTERPRISE INNS          6.875    5/9/2025      GBP    67.25
ENTERPRISE INNS          6.875   2/15/2021      GBP    72.63
ENTERPRISE INNS          6.375   9/26/2031      GBP    66.12
ESSAR ENERGY             4.250    2/1/2016      USD    64.19
F&C ASSET MNGMT          6.750  12/20/2026      GBP    65.09
GALA ELECTRIC CA        11.500    6/1/2019      GBP    70.92
GALA ELECTRIC CA        11.500    6/1/2019      GBP    70.49
GS INTERNATIONAL         8.250  12/17/2012      EUR    72.80
GS INTERNATIONAL         9.750   5/22/2012      CHF    49.60
GS INTERNATIONAL        13.000   6/28/2012      CHF    56.40
HBOS PLC                 4.500   3/18/2030      EUR    62.37
HBOS PLC                 5.374   6/30/2021      EUR    70.88
HBOS PLC                 4.375  10/30/2019      EUR    75.57
HBOS PLC                 6.305  10/18/2017      GBP    75.13
HSBC BANK PLC            0.500  12/29/2026      AUD    47.83
HSBC BANK PLC            0.500   12/8/2026      AUD    47.99
HSBC BANK PLC            0.500    4/3/2023      AUD    58.84
HSBC BANK PLC            0.500   2/24/2023      AUD    55.88
HSBC BANK PLC            0.500    2/2/2023      AUD    52.24
HSBC BANK PLC            4.750   3/24/2046      GBP    74.62
HSBC BANK PLC            0.500   12/2/2022      AUD    59.88
HSBC BANK PLC            0.500  11/22/2021      AUD    63.29
HSBC BANK PLC            0.500  11/16/2018      AUD    71.26
HSBC BANK PLC            0.500   9/28/2018      AUD    74.85
HSBC BANK PLC            0.500  12/29/2022      AUD    54.89
MATALAN                  9.625   3/31/2017      GBP    70.53
MATALAN                  9.625   3/31/2017      GBP    70.67
MAX PETROLEUM            6.750    9/8/2013      USD    49.79
NOMURA BANK INTL         0.800  12/21/2020      EUR    66.86
OTE PLC                  4.625   5/20/2016      EUR    59.65
OTE PLC                  7.250    4/8/2014      EUR    66.62
PRIVATBANK               5.799    2/9/2016      USD    71.53
PUNCH TAVERNS            5.883  10/15/2026      GBP    63.05
PUNCH TAVERNS            8.374   7/15/2029      GBP    56.00
ROYAL BK SCOTLND         6.250  12/20/2012      EUR    52.96
SKIPTON BUILDING         5.625   1/18/2018      GBP    68.68
SPIRIT ISSUER            5.472  12/28/2028      GBP    72.12
THOMAS COOK GR           6.750   6/22/2015      EUR    65.20
THOMAS COOK GR           7.750   6/22/2017      GBP    55.42
UNIQUE PUB FIN           6.464   3/30/2032      GBP    42.76
UNIQUE PUB FIN           5.659   6/30/2027      GBP    72.66
UNIQUE PUB FIN           7.395   3/28/2024      GBP    62.42


                            *********

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 * * *