Southey Capital Ltd

Ensign House, 2 Admirals Way

London, E14 9XQ
www.southeycapital.com
Distressed and Illiquid specialists

Sales and Trading +44 (0) 203 745 7940 pricing@southeycapital.com

Tuesday, September 26, 2017

Madoff and related feeder funds Bid / Offer

Thema International UCITS IE008869103 / IE0030487957 call desk call desk
Thema Cayman VGG800891084 call desk call desk
Luxembourg Investment Fund Shares / LU0225433936 call desk call desk
LuxAlpha SICAV LU0185938668 / LU0185941027 call desk call desk
Herald Lux Shares call desk call desk
Herald SPC Shares call desk call desk
Madoff Account Direct Claims Shares call desk call desk
Thybo Shares call desk call desk
Carat Lux Shares call desk call desk
Fairfield Sentry/Sigma Shares call desk call desk
Rye Broad Market Select Shares call desk call desk
Further Sidepockets on request.

Funds, indication based on latest published NAV Bid / Offer

EEA Life EUR Run-Off Cell Fund units 11.50 13.50
EEA Life GBP Run-Off Cell Fund units 12.00 14.00
EEA Life SEK Run-Off Cell Fund units 11.00 13.00
EEA Life USD Fund Run-Off Cell Fund units 13.00 15.00
EEA Life WAY Life Run-Off Cell Fund units 10.00 12.00
EEA continuing shares, prices available based on redemption date
ARM Asset Backed Securities SA Un-Issued bonds 18.00 20.00
ARM Asset Backed Securities SA Claim/bond 15.00 17.00
Policy Selection Assured Fund Fund units Call Desk Call Desk
Arch Cru Call Desk Call Desk
Harlequinn Funds 0.50 1.00
Axiom Legal Financing Fund 0.10 2.00
Wealth Life 1 Fund units call desk call desk
Fortress International BVI Fund units 1.00 2.00
Life Settlemnts Holdings AG Fund units call desk call desk
Quadris Environmental Fund Claims 0.50 1.00
LM Investment Mangement Claims 5.00 6.00
First Mortgage Income Fund Claims 5.00 6.00
Harlequin Property Claims 0.50 1.50

Other Special Sits/Bonds

Abengoa Various Bonds 0.50 1.00
A-Tech Various Bonds 0.25 1.00
German Pellets GmbH DE000A13R5N7 Bonds 0.75 1.75
Ideal Standard XS1075184876 Bonds 40.00 50.00
Ideal Standard XS0619611352 Bonds 5.50 6.50
Ideal Standard XS1075185337 Bonds 40.00 50.00
Ideal Standard XS1075183985 Bonds call desk call desk
Ideal Standard XS1077096227 Bonds call desk call desk
Isolux XS1527712233 Bonds 4.00 5.00
KTG Various Bonds 2.00 3.00
Mox Telecom DE000A1RE1Z4 Bonds 3.50 4.50
Muehl DE0003504171 Bonds 0.25 0.50
Pescanova XS0617215099 Bonds 3.50 4.50
Q-cells Bond/Claim call desk call desk
Rickmers DE000A1TNA39 Bonds 2.50 3.50
Solarworld AG DE000A1YCN14 Bonds 48.00 55.00
Solarworld AG DE000A1YDDX6 Bonds 55.00 58.00
Technicolor FR0010237016 Bonds/Warrant 0.25 0.75
Hanjin Secured claims 60.00 65.00
Hanjin Unsecured claims 0.25 1.00
Mriya Bonds 2.00 4.00
 Icelandics Bid / Offer
Glitnir Claims 10.00 11.00
Kaupthing Claims 96.00 97.00
Landsbanki Claims 30.00 31.00
BYR ( New notes ) Claims 20.00 24.00

Petroplus + TXU Bid / Offer

Petroplus Refining & Marketing Claims 1.00 2.00
Petroplus Refining Teesside Claims 10.00 12.00
PMAG Claims 2.00 3.00
PHAG various call desk call desk
TXU EPL, ETL and MGL Claims 2.00 4.00
TXU PPL Claims 1.00 3.00
TXU Eastern Funding Co. XS0108297044 Bonds 0.50 1.50
TXU Eastern Funding Co. XS0118715183 Bonds 0.50 1.50
TXU Eastern Funding Co. US873169AF34 Bonds 0.50 1.50
TXU Eastern Funding Co. XS0120779128 Bonds 0.50 1.50

Lehman Brothers Bid / Offer

Lehman Treasury BV Bond + Claim call desk call desk
LB UK Capital Funding LP LEH Float PERP CorpXS0215349357 call desk call desk
LB UK Capital Funding II LP LEH5PERPCorpXS0229269856 0.50 1.00
LB UK Capital Funding III LP LEH3PERPCorpXS0243852562 0.50 1.00
LB RE Financing No. 3 Claims Call Desk Call Desk

Cuban defaulted sov Bid / Offer

Cuban CDR Ltd - Series A XS0229182737 Bonds EUR 13.50 15.50
Cuban CDR Ltd - Series B XS0229182497 Bonds CHF 13.50 15.50
Cuban CDR Ltd - Series C XS0229181846 Bonds YEN 9.00 11.00
Cuban CDR Ltd - Series D XS0229182067 Bonds EUR 14.00 16.00
Cuban CDR Ltd - Series E XS0229181689 Bonds YEN 14.00 16.00
Cuban CDR Ltd - Series F XS0229181507 Bonds EUR 8.00 10.00
Cuban CDR Ltd - Series G XS0229181333 Bonds YEN 8.00 10.00
Cuban Medium Term JPY / DEM Private instrument 14.00 16.00
Cuban Medium Term CHF Private instrument 14.00 16.00
Cuban Short Term JPY / DEM Private instrument 13.00 15.00
Cuban Short Term CHF Private instrument 13.00 15.00
Cuban trade related claims (mostly JPY) Private instrument 4.00 6.00
Cuban Unrestructured Private instrument 11.00 13.00

AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (No. 711717)

This document is for information purposes only and under no circumstances is it to be used or considered an offer to sell, or a solicitaion of an offer to buy, any
security. Southey Capital Ltd accepts no responsibility or liability for, and cannot and does not warrant the accuracy, quality, correctness or completeness,
merchantability or fitness whether arising from the negligence of Southey Capital Ltd or otherwise accuracy or completeness of any information contained
herein or any attachments, including any bids, offers, or quotations. Information in these runs can change without notice and does not suggest that an active
market exists for any individual claim, or necessarily suggest the level at which transactions in these claims could be effected. Information herein should not be
relied upon for valuation purposes.