Single Barrier Reverse Convertible on DEUTSCHE BANK AG-REGISTERED

Coupon 21.4% p.a.; 3 Months; EUR; Barrier at 80%

Details Redemption
Issuer EFG Financial Products
Guarantor EFG International On 27.08.2009 Client pays EUR 1000 (Denomination)
Rating: Fitch A
Underlying DEUTSCHE BANK AG-REGISTERED On 25.11.2009 Client receiv es 5.35% in fine (21.4% p.a.) Coupon
Bbg Ticker DBK GY Equity
Payment Date 27.08.2009 PLUS
Valuation Date 23.11.2009
Maturity 25.11.2009 Scenario 1: if the Underlying has never traded at or below the Barrier level
Strike Level EUR 45.65 (100%)
The Investor will receive a Cash Settlement equal to the Denomination
Barrier Level EUR 36.52 (80%)
EU Saving Tax Option Premium Component 5.13% (20.54% p.a.)
Scenario 2: if the Underlying traded at least once at or below the Barrier level
Interest Component 0.22% (0.86% p.a.)
Details Physical Settlement American Barrier a. If the Final Fixing Level is at or below the Strike Level, the Investor will
Conversion Ratio 21.91 receive a predefined round number (i.e. Conversion Ratio) of the
ISIN CH0104432692 Underlying per Denomination.
Valoren 10443269
b. If the Final Fixing Level is above the Strike Level, the Investor will receive a
SIX Symbol not listed
Cash Settlement in the Settlement Currency equal to: Denomination

Characteristics
Underlying_______________________________________________________________________________________________________________________________________________________
Deutsche Bank AG is a global financial service provider delivering commercial, investment, private and retail banking. The Bank offers debt, foreign
exchange, derivatives, commodities, money markets, repo and securitization, cash equities, research, equity prime services, loans, convertibles, advice on
M&A and IPO's, trade finance, retail banking, asset management and corporate investments.

Opportunities______________________________________________________________ Risks__________________________________________________________________________
1. A guaranteed Coupon of 5.35% in fine (21.4% p.a.) 1. Maximum yield is limited to 5.35% in fine (21.4% p.a.)
2. Protection against 20% drop in Underlying's price 2. Exposure to v olatility changes
3. Low er v olatility than direct equity exposure
4. Secondary market as liquid as a share
5. Optimization of EU Tax components

Best case scenario_________________________________________________________ Worst case scenario___________________________________________________________

The Underlying has nev er traded below the Barrier Lev el The Underlying traded below the Barrier Lev el and on the Final Fixing Date
closes under the Barrier Lev el

Redemption: Denomination + Coupon of 5.35% in fine (21.4% p.a.) Redemption: Underlying + Coupon of 5.35% in fine (21.4% p.a.)

Historical Chart
100 importer depuis la deuxieme feuille

90

80 Redemption: 100% and a Coupon of 5.35% in fine (21.4% p.a.)

70

60

50 Strike: EUR 45.65 (100% of Spot Reference)

40 Barrier: EUR 36.52 (80% of Strike Level) 20% Protection

30

20

10 Redemption: 21.91 shares and a Coupon of 5.35% in fine (21.4% p.a.)

0
Dec-07 Mar-08 Jun-08 Sep-08 Dec-08 Mar-09 Jun-09

Contacts
Filippo Colombo Christ ophe Spanier Nat hanael Gabay
Bruno Frat eschi +41 58 800 10 45 Sofiane Zaiem
St anislas Perromat +41 22 918 70 05
Alejandro Pou Cuturi Live prices at [Link]
+377 93 15 11 66

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