EFTA01499537

SOUTHERN FINANCIAL LLC ACCT. For the Period 7/1/13 to 7/31/13 Adjusted Cost Unrealized Est. Annual Inc. Price Ouantity Value Original Cost Gein, Loss Acaued Div. Yield US Small/Nlid Cap Equily SANGAMO BIOSCIENCES INC 9 75 50.000 000 487.500 00 422.214.00 65286.00 800677-10-6 SGMO Total US Smalt/Pad Cap Equity $909.500.00 1774,743.00 1134,767.00 $0.00 0.00% Non-US Equity P ACCOR SA 37.66 4,500.000 169,460.21 170,037.29 (577.08) ISW] SEDOL 5852842 F00189-90-6 UR P AUTOGRILL SA 15.24 10,900.000 166,156.52 166.99972 (843.20) ISIN SEDOL 5258206 78347V-91-5 UR P BNP PARIBAS 64.58 2,500.000 161,449.96 161,893.57 (443.61) ISIN SEDOL 7309681 F07875-90-3 UR P CARREFOUR SUPERMARCHE 30.63 5,500.000 168,484.24 170,089.99 (1,605.75) MIN SE DOL 5641567 F13923-90-3 UR P COMPAGNIE DE SAINT-GOBAIN 46.28 3,500.000 161,984.50 162.307.25 (342.75) ISIN SEDOL 7380482 F8034345.1 UR P JC DEC UX INTERNATIONAL 32.03 5,000.000 160,138.71 160,785.93 (647.22) ISIN SEDOL 7136663 F5333N-91-0 UR P RENAULT SA 78.57 2,000.000 157,137.77 157,763.32 (625.55) ISIN 4712798 759994-90-8 UR J.P Morgan Account Page 6 Consolidated Statement Page 9 Confidential Treatment Requested by JPMorgan JPM-SDNY-00023319 Chase CONFIDENTIAL SDNY GM_00292517 EFTA01499537