Single Barrier Reverse Convertible on DEUTSCHE BANK

Coupon 9% p.a. - American Barrier at 70% - 1 Year - EUR

Details Redemption
Issuer EFG Financial Products
Guarantor EFG International On 07.04.2010 Client pays EUR 1000 (Denomination)
Rating: Fitch A
Underlying DEUTSCHE BANK AG-REGISTERED On 14.04.2011 Client receiv es 9% in fine Coupon
Bbg Ticker DBK GY Equity
Payment Date 07.04.2010 PLUS
Valuation Date 07.04.2011
Maturity 14.04.2011 Scenario 1: if the Underlying has never traded at or below the Barrier level
Strike Level EUR 55.05 (100%)
The Investor will receive a Cash Settlement equal to the Denomination
Barrier Level EUR 38.54 (70%)
EU Saving Tax Option Premium Component 7.79% p.a.
Scenario 2: if the Underlying traded at least once at or below the Barrier level
Interest Component 1.21% 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 18.1650 receive a predefined round number (i.e. Conversion Ratio) of the
ISIN CH0111527559 Underlying per Denomination.
Valoren 11152755
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 9% in fine 1. Maximum yield is limited to 9% in fine
2. Protection against 30% 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 9% in fine Redemption: Underlying + Coupon of 9% in fine

Historical Chart
95 importer depuis la deuxieme feuille

85

75 Redemption: 100% and a Coupon of 9% in fine

65
Strike: USD 55.05 (100% of Spot Reference)
55

30% Protection
45 Barrier: USD 38.54 (70% of Strike Level)

35

25 Redemption: 18.165 shares and a Coupon of 9% in fine

15

5
Jan-08 Mar-08 May-08 Jul-08 Sep-08 Nov-08 Jan-09 Mar-09 May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10

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 Cut uri Live prices at www.efgfp.com
+377 93 15 11 66

This publicatio n serves only fo r info rmatio n purpo ses and is no t research; it co nstitutes neither a reco mmendatio n fo r the purchase o f financial instruments no r an o ffer or an invitatio n fo r an offer. No respo nsibility is taken fo r the correctness o f this info rmatio n. The financial
instruments mentio ned in this document are derivative instruments. They do not qualify as units of a co llective investment scheme pursuant to art. 7 et seqq. of the Swiss Federal A ct o n Collective Investment Schemes (CISA ) and are therefore neither registered no r supervised by
the Swiss Financial M arket Superviso ry A uthority FINM A . Investo rs bear the credit risk o f the issuer/guarantor. B efo re investing in derivative instruments, Investo rs are highly recommended to ask their financial advisor fo r advice specifically fo cused o n the Investo r´s financial
situatio n; the informatio n co ntained in this do cument do es no t substitute such advice. This publication does no t co nstitute a simplified pro spectus pursuant to art. 5 CISA , or a listing prospectus pursuant to art. 652a or 1156 o f the Swiss Code of Obligatio ns. The relevant product
do cumentatio n can be o btained directly at EFG Financial P roducts A G: Tel. +41(0)58 800 1111, Fax +41(0)58 800 1010, or via e-mail: termsheet@efgfp.com. Selling restrictio ns apply for Euro pe, Hong Ko ng, Singapo re, the USA , US perso ns, and the United Kingdo m (the issuance is subjec
law). The Underlyings´ perfo rmance in the past does no t constitute a guarantee fo r their future perfo rmance. The financial products' value is subject to market fluctuatio n, what can lead to a partial o r to tal lo ss of the invested capital. The purchase o f the financial products triggers
co sts and fees. EFG Financial P roducts A G and/o r ano ther related co mpany may operate as market maker for the financial products, may trade as principal, and may conclude hedging transactio ns. Such activity may influence the market price, the price mo vement, o r the liquidity
o f the financial pro ducts. © EFG Financial P ro ducts A G A ll rights reserved.