GOVERNMENT DATE: September 30, 2008 EXHIBIT -T. TIME: 2:21 PM tie WIRETAP: OVER 212-888-9434 CALL FROM: RAJ RAJARATNAM (646-521-2980) CALL TO: DANIELLE CHIESI (212-888-9434) KEY: Unintelligible: ul Inaudible: IA Phonetic Spelling: PH Voice Overlap: Wl DANIELLE CHIESI: Dani. RAJ RAJARATNAM: Hey. DANIELLE CHIESE: Hey baby. RAT RAJARATNAM: ‘The date is October 7th, DANIELLE CHIESI: Say that one more time? RAJ RAJARATNAM ‘The date is October 7th. DANIELLE CHIESI: Ob, AMD is for sure? RAJ RAJARATNAM: Yeah, Monday. DANIELLE CHIESI Right, so. Uh, you know, I was thinking about buying calls on instead of just blowing out, I don't know that IBM is gonna miss their numbers, I don't know that, I know that, that Moffat's struggling, but they always pull things out, so what do you think about that and any more, you know Halliburt..., I just, I blew, I wanna, Twanna blow everything out, RAJ RAJARATNAM: 1 blew it out today, because, I just said, I need to get back to basics, I'm gonna become Mr. October. DANIELLE CHIESI: ‘Yeah, I love that. 1Secworqauswene ut 12 13, 4 15 16 7 18 19 20 2 2 23 24 25 26 a7 28 29 30 31 32 33 34 35, 36 37 38 39 40 4L 42. 43 RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: Ireduced my longs to like 12, 15 stocks, right, and I'm just gonna, you know ail this shit about Halliburton and Schlum... all this shit that I hear through bullshit, you know, Um, {own 25 million AMD. 25 million? Yep. Do you think in this environment, 1 know everybody's being investigated, do you think I could buy it here, honestly? And I'm glad that we talk on a secure line, I appreciate that. Right. I never call you on my cell phone. No, no, I know, do you, what do you think I should do though really? Should [ buy it here? I'm a little nervous because you know people are going to investigate me. I really believe that, Why? Because there are assholes in this world, Because every hedge fund is going to go out of business .. Right, But I would do... «and they're jealous. What I would do, is I would buy, let's say you want 10. Tm down, I'm down like 28%, whatever. What I would co is, I would buy a million shares and sell 500,000. If you want to buy 500, I would buy a million and sell on Friday 500,000, you know? It always (U1), How much, how much, I have conviction, IBM is, you know my partner, Mark is just always very skeptical about AMD and, but you feel alzight, you feel good? I think, I think it's Monday.DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANII .B CHIESI RAJ RAJARATNAM: DANIELLE CHIE RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAIARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIEI E CHIESL: RAJ RAJARATNAM: DANIELLE CHIESL: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIES! Alright, [agree with you. October 7. Yeah, I think it's Mubadala, Mubadata. Oh, oh T know what you mean, yeah, it's called ah, rum uh, right, whatever. Uh, alright, um do you want me to double check that or no? I don't think I should, ‘Uh don't, why? I mean... No, no, I just wanted to know if you wanted me to oross check it but i think you have enough conviction that I'm just gonna go with you. And if it changes, I tell you. Yes But it's not... Yeah, but Hector told me, Hector told me that he. Let's look when they report, ok, eh, um... No, 16th. So it's before the 16th? No, no, he told me, Danielle, he went from saying that he thinks everything is fine to it's 110% fine. The only problem is I don’t know what price they're gonna put the money in. But if, I, we don't have a fucking choice but to average down. Mm? Thave to average down. 3u 12 13, 4 15 16 7 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32, 33, 34 35 36 37 38 39 40 4 42 43 RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM:! DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIESI RAI RAJARATNAM: DANIELLE CHIESI: Yep. I mean, the difference is gonna be that Dubai's in there and the difference is that... And they're gonna say on the press release that they're committing to putting $5-6 billion over the next several years, ‘You don't even have to worty about it, well, I mean, other than the fact that... And you know what happened? «people are stupid, There's a lot of us that aren't that stupid. Dubei does not do this, you have to know how rich they are. You concur’? Mm hm, (UD), So I mean who cares about what they, oh they're gonna say oh my god, you know, only $20 billion and then we're out. What the fuck, Dubai's in this for the long run, they're not going to back out, Right. So they don't have to say shit in my opinion, 'm gonna buy a million, Yeah. And you're long 25? What? Tm only long like 4 T'm long 25 and I'm taking the pain, but I'm you know, I'm a warrior, they cant, they can't kill me. October's my month, Tove that and I'm (UD.CeIn neene RAJ RAJARATNAM: DANIELLE CHIESI: RAJ RAJARATNAM: DANIELLE CHIEST: (laughs) Alright Be well. Hove you, bye, [END OF CALL]