Case Document 446-7 Filed 02/02/12 Page 1 of 11 EXHIBIT Case Document 446-7 Filed 02/02/12 Page 2 of 11 From: Sent: Tuesday, October 23, 2007 6:29 PM To: Francisco Iiaramendi Subject: Re: Hola panchito No chamo 1os 10bs te 1os doy yo aqui tu me diras si en bs 0 10s convierto. E1 .25 de los bonos ya lo hicistes cuando vendistes como me reportastes 74.10. Quedamos te quedes con esos .10 tu reportabamos en 74. Ahora si estas claro? From: "Francisco Illarramendi" Date: Tue, 23 Oct 2007 14:21:41 Subject: RE: Hola panchito Chamo, asumiendo 11056415.49, si 1e quito 525k mios 1,686,283.10 tuyos me quedan 8,845,132.29 de los cuales me dices que le envie 7,269,716.50 a black entonces sobran 1,548,415.89 que se 1os vas a enviar tu porque ya 1os tienes. Entonces eso nos da zero. De donde saco 1os 10 bs de los otros .25 .10 que dices de los bonos, estan incluidos en los 525k? From: Sent: Tuesday, October 23, 2007 1:55 PM To: Francisco Tiaramendi Subject: Hola panchito Aqui te paso 1a liquidacion de la primera operacion. Profit 11056415.49$ 525mi1$ son tuyos. Te 1os quedas e1.25 de la vta de los bonos +.10 tambien de la venta de los bonos 10bs 2) Vas a mandar 1686283.10$ a mi cuenta en hsbc. Las instrucciones son FOR CREDIT TO: HSBC BANK USA -- NEW YORK ABA: 021001088 SWIFT: MRMDUS33 ACCOUNT: 0O0--0380l6 FOR FURTHER CREDIT: HSBC PRIVATE BANK (SWITZERLAND) SA 2 PLACE DU LAC CH -- 1211 GENEVE SWIFT: ATTENTION: MAZ LOB BENEFICIARY: MORIS BERACHA ACCOUNT: 29867 3) Tienes 7296716.50$ de black se mandaran e1 lunes ya te dare instrucciones cta nueva 1e estoy abriendo en 4) Tu me mandastes para la primera op 38mm$ usamos 36451584.50$ es decir sobran 1548415.5$ se 1os mando yo. Si sumas 525mi1$+ 1686283.10$+ 1548415.5+7296716.50 te da 11056415.49. Por favor avisame si estas c1aro Illarramendi, Francisco F01334-E00160776 Case Document 446-7 Filed 02/02/12 Page 3 of 11 MERRILL CORPORATION (R) Merrill Communications LLC 225 Varick Street New York, NY 10014 (212) 620-5600 State of New York ss: County ofNew York Certificate 0fAccuracv This is to certify that the attac-lied document with reference: Spanish Document 41 originally written in the Spanish language, is to the best ofour knowledge and belief, a true, accurate and complete translation into the English language. Dated: January 6, 2012 Violeta Lejtman Team Lead -- Legal Translations Merrill Brink Intemational Sworn to and signed before Me, this 6th day of January 2012 r1 I Notary Public ROSEMARIE COHEN Notary Public, State of New York No. O1CO6050705 Qualified in New York County Commission Expires November 13, 20_IfjM_ OFFICES IN MAJOR CITIES THROUGHOUT THE WORLD Case 3:11-cv-00078-JBA Document 446-7 Filed 02/02/12 Page 4 of 11 Subject: Re: Hello panchito No buddy, I'll give you the 10bs [bs = bolivares] here, you will tell me if in bs or if I convert them. You already made the .25 from the bonds when you sold them, and as you reported 74.10 to me. We agreed that you will keep that .10 and we'd report 74. Are we clear now? Subject: RE: Hello panchito Buddy, assuming 11056415.49, if I take out my 525k and your 1,686,283.10 I have 8,845,132.29 remaining, from which you tell me to send 7,269,716.50 to black and then 1,548,415.89 remain, which you are going to send since you already have them. Then that gives us zero. Where do I get the 10 bs from and the other .25 and .10 you are saying from the bonds, or are they included in the 525k? Subject: Hello panchito Here is the settlement of the first operation. Profit - $11056415.49 $525 thousand are yours. You keep that + the .25 from the sale of the bonds +.10 also from the sale of the bonds + 10bs 2) You are going to send $1686283.10 to my account at hsbc. The instructions are 3) You have black's $7296716.50 which will be sent on Monday, I will give you the instructions for the new account I am opening for him at hsbc 4) For the first operation you sent me $38mm and we used $36451584.50 in other words $1548415.5 remain which I will send to him. If you add $525 thousand + $1686283.10 + $1548415.5 + $7296716.50 that is $11056415.49. Please let me know if it's clear to you. Case Document 446-7 Filed 02/02/12 Page 5 of 11 Page Intentionally Blank Case Document 446-7 Filed 02/02/12 Page 6 of 11 From: Francisco Illarramendi Sent: Tuesday, March 30, 2010 9:54 AM To: Juan Montes Subject: Re: Harewood DAF - FR0010453803 Pana ahorita no me puedo enfocar en esto, pero la verdad que lo que dice BNP abajo es bien contundente. Ya nosotros les pagamos ayer, pero me pones en una situacion muy dificil si uds se lavan las manos del tema en este momento. Por lo menos que transfieran McCaff a MK SOF seria el primer paso. Luego deben liquidar el warrant pagartelo, uds pagarnoslo a nosotros. Creo que es lo mas sano. Por el lado contable, ya tu tienes 35 millones en cash 100 millones en la nueva inversion, con 10 cual estas saneado. No vuelvas a trabajar con esta gente. Son unos ladrones piratas. Un abrazo. Sent via B1ackBerry by From: "iron3" Date: Tue, 30 Mar 2010 04:00:42 +0000 To: Pannini Subject: Fw: Harewood DAF - FR0010453803 Chamo el mensaje envie es e1 ya nosotros no somos los duenos ustedes son los nuevos inversores! se entiendan con ustedes no con nosotros! From: imano1@luzcapital.com Date: Tue, 30 Mar 2010 03:44:50 +0000 To: David J. Subject: Fw: Harewood DAF - FR0010453803 Black: Abajo email de BNP en el cual indican que Harewood no es transferible. Lo que esta sucediendo es que el agente de registro no permitira Ia transferencia del mismo tarde temprano regresara a manos tuyas. Estan dispuestod a que, de inmediato, Harewood transfiera Ias acciones de Mcaf a los fondos de pensiones Harewood solo contenga el warrant. Yo te recomiendp hagas eso lo antes posible. Luego al recibir Mcaf 1o transfieres al fideicomiso 0 al comprador que tienes de Harewood. Esto ya lo habiamos discutido. Lo unico que estamos buscando es ayudarte. Enviado a trav?s de B1ackBerry de movistar From: Date: Fri, 26 Mar 2010 11:35:44 -0400 T0: Subject: Harewood DAF - FR0010453803 Imanol aqui tienes la explicacion del jefe de compliance de Harewood. El cliente tiene que cancelar Ias ordenes de transferencia, de modo que Ias acciones del DAF vuelvan a donde estaban Case Document 446-7 Filed 02/02/12 Page 7 of 11 inicialmente (cuenta de UBS Ginebra en BP2S). Saludos Agustin -- Forwarded by Agustin Ruiz. de or: 11:30 AM BENOIT T0 Agustin Ruiz de Arcaute cc Col . . C-o$grr$ee& Investment Banking 3Ubl9?t R?f. Re: DAF - FR0010453803 - opposition sur transfert de partsL_ln_.I_{ 20 bd des Italians 75009 PARIS Dear Agustin, DAF is a French contractual Fund and then, it is not formaly approved by the French Financial Authority (AMF). This type of fund is submitted to strong internal rules in terms of KYC and suitability.Therefore, any subscriptions or transfer of units must be approved by the Asset Management Company. In this case, I am firmly opposed to any transfer of units and I ordered BPSS to stop this operation. Could you please ask the client to order its global custody to cancel the transfer order to SIX SIS AG Best regards, Eric Benoit Responsable de la Conformit? et du Contr?le Interne - HAREWOOD A.M Ihis message and any attachments (the "message") is intended solely for the addressees and is confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval. The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified. Please note that certain functions and services for BNP Paribas may be performed by BNP Paribas RCC, Inc. Case Document 446-7 Filed 02/02/12 Page 8 of 11 I MERRE CORPORATION lv?fiek - (M2) ?.zu 'sum: SlaL?aoFNcw York C'0unty of New York C.'cI'til'icalc of This is to certify than the attached dOCLlI1'lcl1l with fcrence: Document 31 originally Written in the Spanish fanguagc, is to the best ofour and belief] a true, accurmc: complete h'en1sialion into the Iiruglisla Denied: J'a11ua1'y 0, 20 I 2 ioiela Team Lead Legal Translations Merrill Brink Swom 10 and signed before M6. this 6111 day of January 2012 Notary Public Commissloflfixpirea IN MAJQR WORLD Case Document 446-7 Filed 02/02/12 Page 9 of 11 Sent: Tuesday, March 30, 2010 9:54 AM To: Juan Montes Subject: Re: Harewood DAF - 0453803 Pal, right now I can't focus on this, but honestly, what BNP says below is pretty convincing. We already paid them yesterday, but you're putting me in a really tough situation if you are washing your hands of the matter right now. At least it would be the first step to transfer McCaff to MK SOF. Then they can liquidate the warrant and pay it to youthink that's the cleanest way. On the accounting side, you already have 35 million in cash and 100 million in the new investment with which you're made whole. Don't work with those people again. They're highway robbers. Hugs, Sent via BlackBen'y by From: "iron3" Date: Tue, 30 Mar 2010 04:00:42 +0000 To; Subject: E-'wt Harewood DAF - FROD10453803 Buddy, the message I sent is that we aren't the owners any more! That you all are the new investors! And that they're communicating with you, not with us! From: imanol@1uzcapilnl.com Date: Tue, 30 Mar 2010 03:44:50 +0000 To: David J. Subject: FW: Harewood DAF - Black: Below is the email from BNP in which they say that Harewood isn't transferrable. What's happening is that the registration agent won't allow its transfer and sooner or later it will come back into your hands. They're prepared for Harewood to immediately transfer the shares fiom Mcaf [sic] to the Pension Funds, and Harewood will only hold the warrant. I recommend that you do that as soon as possible. Afier receiving Mcaf [sic], you transfer it to the trust account or the buyer you have from Harewood. We'd already discussed this. The only thing we're looking for is to help you. Sent through BlackBerry by Movistar From: Date: Fri, 26 Mar' 2010 11:35:44 -0400 T0: Subject: Harewood DAF - FR0010453803 Imanol Here's the explanation from Harewood's Chief of Compliance. The client has to cancel the transfer orders, so the DAF shares go back to where they were Case Document 446-7 Filed 02/02/12 Page 10 of 11 initially (UBS Geneva account in Best, Agustin Fonvartied Hui? tie on 031230.030 1130 AM Eric BENOIT To Agustin Ruiz d9 A;-cgme GG Canto a? - - HAHEWOCID AM . . 3, BMW, Subiect eel. - Be: one - FFl001cl4538a3 - opposition our uansten do paIt5Lj.J_1k 20 bd des Italians 75009 PAFIIS Dear Agustin. DAF is a French contractual Fund and then, it is not formaly approved by the French financial Authority (AMF). This type of fund is submitted to strong Internet rules In terms of K70 and suitabiIity.Theretore, any subscriptions or transfer of units must be approved by the Asset Management Company. in this case, I am firmly opposed to any transfer of unit and I ordered BPSS to stop this operation. Could you please ask the client to order its global custody to cancel the transfer order to SIX SIS AG Best regards, Eric Benoit Ftesporasable de la Gonformite et du controls lnterne - HAREWDOD AM This message and any attachments ithe "message": is intended solely for the addreesees and is confiidential. If you receive this message in error, please delete it and immediately notify the sender. any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval. The internet can not guarantee the integrity of this message. ENE PARIBAS {and its subsidiaries} shall {will} not therefore be liable for the message if modified. Please note that certain functions and services for BNP Paribas may be performed by BNP Paribas RCC, Inc. Case 3:1 BA Document 446-7 Full Name: Montes Blackberry Juan Last Name: Juan First Name: Montes Business: +58 414 1190919 E-mail: iron3@att.bIackberry.net E-mail Display As: iron3@att.bIackberry.net Filed 02/02/12 Page 11 of 11