CLEARSTREAM BANKING S.A. S NOTICE OF MOTION FOR CLARIFICATION OR MODIFICATION OF THE JUNE 27, 2014 ORDER

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Case 1:08-cv-06978-TPG Document 564 Filed 07/07/14 Page 1 of 2 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK NML CAPITAL, LTD., Plaintiff, No. 08 Ci 6978 (TPG) No. 09 Ci 1707 (TPG) No. 09 Ci 1708 (TPG) AURELIUS CAPITAL MASTER, LTD. and, ACP MASTER, LTD., No. 09 Ci 8757 (TPG) No. 09 Ci 10620 (TPG) AURELIUS OPPORTUNITIES FUND II, LLC and AURELIUS CAPITAL MASTER, LTD., No. 10 Ci 1602 (TPG) No. 10 Ci 3507 (TPG) No. 10 Ci 3970 (TPG) No. 10 Ci 8339 (TPG) BLUE ANGEL CAPITAL I LLC, No. 10 Ci 4101 (TPG) No. 10 Ci 4782 (TPG) (captions continue on the following page) CLEARSTREAM BANKING S.A. S NOTICE OF MOTION FOR CLARIFICATION OR MODIFICATION OF THE JUNE 27, 2014 ORDER

Case 1:08-cv-06978-TPG Document 564 Filed 07/07/14 Page 2 of 2 OLIFANT FUND, LTD., No. 10 Ci 9587 (TPG) PABLO ALBERTO VARELA, et al., No. 10 Ci 5338 (TPG) PLEASE TAKE NOTICE that upon the annexed Declaration of John Vassos, dated July 7, 2014, and the attached exhibits, and the accompanying Memorandum of Law, interested non-party Clearstream Banking S.A., will move this Court, before the Honorable Thomas P. Griesa, in Courtroom 23B of the United States Courthouse for the Southern District of New York, 500 Pearl Street, New York, New York, for an order clarifying that this Court s Order dated June 27, 2014 extends to Clearstream Banking S.A., and for such other relief as the Court deems just and proper. Dated: New York, New York July 7, 2014 Respectfully submitted, MORGAN, LEWIS & BOCKIUS LLP _/s/ John Vassos John Vassos jvassos@morganlewis.com Mary C. Pennisi mpennisi@morganlewis.com 101 Park Avenue New York, New York 10178-0060 Tel: (212) 309-6000 Fax: (212) 309-6001 Attorneys for Interested Party Clearstream Banking S.A.

Case 1:08-cv-06978-TPG Document 564-1 Filed 07/07/14 Page 1 of 3 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK NML CAPITAL, LTD., Plaintiff, No. 08 Ci 6978 (TPG) No. 09 Ci 1707 (TPG) No. 09 Ci 1708 (TPG) AURELIUS CAPITAL MASTER, LTD. and, ACP MASTER, LTD., No. 09 Ci 8757 (TPG) No. 09 Ci 10620 (TPG) AURELIUS OPPORTUNITIES FUND II, LLC and AURELIUS CAPITAL MASTER, LTD., No. 10 Ci 1602 (TPG) No. 10 Ci 3507 (TPG) No. 10 Ci 3970 (TPG) No. 10 Ci 8339 (TPG) BLUE ANGEL CAPITAL I LLC, No. 10 Ci 4101 (TPG) No. 10 Ci 4782 (TPG) (captions continue on the following page) PROPOSED ORDER CLARIFYING JUNE 27, 2014 ORDER AND FURTHER CLARIFYING AMENDED FEBRUARY 23, 2014 ORDERS 1

Case 1:08-cv-06978-TPG Document 564-1 Filed 07/07/14 Page 2 of 3 OLIFANT FUND, LTD., No. 10 Ci 9587 (TPG) PABLO ALBERTO VARELA, et al., No. 10 Ci 5338 (TPG) WHEREAS, on June 27, 2014, this Court issued an order clarifying that this Court's Amended February 23, 2012 Orders do not as a matter of law prohibit payments by Citibank, N.A. s Argentine branch on Peso- and U.S. Dollar-denominated bonds-governed by Argentine law and payable in Argentina-that were issued by the Republic of Argentina in 2005 and 201 0 to customers for whom it acts as custodian in Argentina; and UPON consideration of Clearstream Banking S.A. s motion for clarification or modification, plaintiffs opposition thereto, and all other arguments submitted to the Court in the parties papers and at oral argument, it is hereby: 1. FURTHER CLARIFIED that this Court s Amended February 23, 2012 Orders do not as a matter of law prohibit payments by Clearstream Banking S.A. ( Clearstream ) to its customers of any funds or payments Clearstream receives from Citibank, N.A. s Argentine branch on Peso- and U.S. Dollar-denominated bonds-governed by Argentine law and payable in Argentina-that were issued by the Republic of Argentina in 2005 and 2010. 2

Case 1:08-cv-06978-TPG Document 564-1 Filed 07/07/14 Page 3 of 3 Dated: July, 2014 Hon. Thomas P. Griesa United States District Judge 3

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