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The Class Representatives and their attorneys,appointed by the Court to serve as Class Counsel,believe that the Settlements are
<br /> best for all members of the Class.If the Settlements are approved by the Court and the Court's approval order becomes final,the
<br /> Settlement A i ounts will be paid into the settlement fund in exchange for dismissal and resolution of the claims against them.
<br /> 7.Are_All:Defendants other,ahan;the,.Settling I),efendants settling?
<br /> These Defendants are the last remaining Defendants in the case. However, if any one of these Settlements with a particular
<br /> Defendant is not approved,the litigation will proceed against that Defendant.If you participate in these Settlements,you will
<br /> keep your rights to participate or exclude yourself from any other class that may be certified by the Court in this lawsuit as a
<br /> 'result of Plaintiffs'motion for certification of such a class or as a result of a settlement with one or more of the other Defendants.
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<br /> WHO IS AFFECTED BYTHE SETTLEMENT?
<br /> To see if you a�e affected by the Settlements,you first have to determine if you are a member of the Class.
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<br /> 8.How:do'I know if-.I ani a�memlier,of the Class?
<br /> Included in the Class are state,local and municipal government entities,independent government agencies,quasi-government,
<br /> and private entities that purchased municipal derivative transactions through negotiation,competitive bidding,or auction:
<br /> • From any Alleged Provider Defendant or Alleged Co-Conspirator or brokered by any Alleged Broker.Defendant or Alleged
<br /> Co-Conspirator described in Question 4(a complete list is available at www MunicipalDerivativesSettlement.com);
<br /> • At any time from January 1,1992,through August 18,2011; and
<br /> • In the United States and its territories or for delivery in the United States and its territories.
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<br /> Excluded from the Class are:
<br /> • UBS AG,Societe Generale S.A.,Natixis Funding Corp.,Piper Jaffray&Co.,National Westminster Bank Plc,George K.
<br /> Baum&Col,and their affiliates,and any of their officers,directors or employees.
<br /> • Any judge,justice or judicial officer presiding over this matter and the members of their immediate families and judicial staffs.
<br /> • Any AllegedlProvider or Broker Defendant or Alleged Co-Conspirator.
<br /> ?10 ?ha�t< ,I:m=`till:•n
<br /> S 4.t sure if'I?in'iniided in:the
<br /> ,....e.,-.., - - - .,.{�3e=c`ty. dig-i_i�':",•;;•If you are not sure whether you are a member of the Class,you may visit the Municipal Derivatives Settlement website at
<br /> www.MunidpalDerivativesSetdement.com, call toll-free 1-877-310-0512, or write to Municipal Derivatives Settlement,
<br /> c/o Rust Consulting,P.O.Box 2500,Faribault,MN 55021-9500.
<br /> You may also want to call your broker(s) to see if you purchased municipal derivative transactions from January 1,1992,to
<br /> August 18,201!1.
<br /> THE SETTLEMENT BENEFITS
<br /> atd'oFs:tlre}Se` -
<br /> Under the Settlement,the Settlement Amounts are as follows:
<br /> • UBS AG $ 32 million
<br /> • Natixis Funding Corp. $ 28.4525 million
<br /> • Societe Generale S.A. $ 25.4125 million
<br /> • Piper Jaffray&Co. $ 9.75 million
<br /> • National Westminster Bank Plc $ 3.5 million
<br /> • George K.Baum&Co. $ 1.4 million
<br /> UBS AG,Societe Generale S.A.,Natixis Funding Corp.,Piper Jaffray&Co.,and George K.Baum&Co.,will also provide
<br /> reasonable cooperation to Class Plaintiffs'Counsel(to the extent necessary if any of the settlements are not finally approved),
<br /> as described in the Settlement Agreements.In addition,UBS AG,Societe Generale S.A.,Natixis Funding Corp.,Piper
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