Epstein Secrets

0 21,500.000 0 AP Narrows LICHTENSTEIN, ROY Nude with Abstract Painting 4,300.000 25,000.000 20.700,000 20,700.000 0 Narrows (Collateral) PICASSO, PABLO Buste de femme 9,500.000 30.000.000 20.500,000 20,500.000 0 Narrows (Collateral) MUNCH. EDVARD Melancholy 11.000.000 30.000.000 1

alue or purchase price + Unrealized sales tax Gain/Loss Unrealized Gain Unrealized Loss 2011 LLC CEZANNE, PAUL Bouteilles, Pots, Rechaud A Alcoa, Pommes - 90% undivided interest (pd sales tax on 45 purchase price because 2011 LLC did no trade-in) 48.993.750 48.993.750 0 0 0 AP Narrows

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

C intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 mi

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

C intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 mil

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

C intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines I) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 mi

. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endonnie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations shown on the spreadsheet.

C intends to exchange a Mondrian that it owns (Composition with Cola• Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 mi

0 160,500 160,500 0 Noel Calb GERICAULT. THEODORE Leda and the Swan 4/13/16 10/26/11 963,000 1,088,750 (125,750) 0 (125,750) APO-01 PICASSO, PABLO The Three Graces 2/10/16 6/17/13 245,000 244,969 31 31 0 Narrows SEVERINI, GINO L'autobus 2/3/16 1/8/07 601,013 1.418,229 (817

s REDON. ODILON Captive Pegasus 12/15/2016 145,000 80.000 (65.000) 0 (65.000) 2011 LLC & Narrows CEZANNE. PAUL Bouteilles, Pots. Rechaud a Alcoa. Pommes (90% owned by 2011 LLC. 10% owned by Narrows) 11/23/2016 54.000,000 40,000.000 (14,000.000) 0 (14,000.000) AP Narrows CEZANNE. PAUL