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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01447577: Warrant, Perform and Professional (DS10)

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This document contains financial analysis of Alpha Bank warrants dated June 26, 2014, discussing stock warrant pricing and volatility. The document references warrant entitlements to acquire common shares at a ratio of 7.408683070 with an issue amount of 1,233,503,482 shares. The document is marked confidential pursuant to Federal Rules of Criminal Procedure 6(e) and references professional investors under MiFID definitions.

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Alpha Bank AE) Daily 26JUN2013-26JUN2014 Copyright© 2014 Bloomberg Finance L.P. 26-Jun-2014 14:22:20 Were the stock to rise 10% over the next month the **warrant**
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Conversely if the stock were to fall the warrants would also fall - but its unlikely the **warrant** price trades at zero anytime soon due to the 3.5years
Excerpt 3
Appendix A **WARRANT** ENTITLES HOLDER TO ACQUIRE NEW COMMON SHARES HELD BY HFSF AT A RATIO OF 7.408683070. ISSUE AMOUNT: 1,233,503,482.

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