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and Octavia drawing [LDB owns 40% of this work. The appraised value shown is for the entire work.] 600.000 1,600.000 1.000,000 1,000.000 0 AP Narrows (Collateral) PICASSO, PABLO Paysage^ 2.500.000 3.500,000 1.000.000 1,000.000 0 Narrows (Collateral) PONTORMO (JACOPO CARUCCI) Study of a
ollateral) PICASSO. PABLO Femme nue (painting) (3YKD2) 11.000.000 30.000.000 19.000,000 19.000.000 0 EFTA00592228 ALL ART - 3/19/17 Owner Narrows (Collateral) Artist TURNER. JOSEPH WILLIAM MALLORD Title Goldau Basis 1,300.000 CHRISTIE'S 5/11/16 appraised value or purchase price +
93.750 48.993.750 0 0 0 AP Narrows CEZANNE, PAUL Portrait de Vallier de Prof il (pd sales tax on the 5 difference between Giacometti at 25 and Cezanne at 30) 30,443.750 30,443.750 0 0 0 Narrows CEZANNE, PAUL Bouteilles, Pots, Rechaud a Alcoa, Pommes - 10% undivided interest (pd no sales ta
fore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20
et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati
on legal paper (my old eyes need large font!). AP Narrows LP AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Varner de Profit) that it wants to acquire. The target sale price for the Giacometti is $30 million and the purchase pric
get sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operat
efore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20
(my old eyes need large font!). AP Narrows LP EFTA00815340 AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Vanier de Profil) that it wants to acquire. The target sale price for the Giacometti is $30 million and the purchase pric
fore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20
et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati
(my old eyes need large font!). AP Narrows LP EFTA00815408 AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Verifier de Profil) that it wants to acquire. The target sale price for the Giacometti is $30 million and the purchase pr
show this proposed exchange. 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
on legal paper (my old eyes need large font!). AP Narrows LP AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Valuer de Profit) that it wants to acquire. The target sale price for the Giacometti is $30 million and the purchase price
et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati
on legal paper (my old eyes need large font!). AP Narrows LP AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Vallier de Profit) that it wants to acquire. The target sale price for the Giacometti is $30 million and the purchase pri
Entities connected to both Narrows and Cezanne

Jeffrey Epstein
PERSONElysium Management LLC
ORGANIZATIONHeather Gray
PERSONHeather deManbey
PERSON
Brad Wechsler
PERSON
Pablo Picasso
PERSON
Richard Joslin
PERSON
Marc Rich
PERSONAP Narrows LP
ORGANIZATION
Larry Gagosian
PERSONBraque
PERSON
Bank of America
ORGANIZATION
Giacometti
PERSON
Alcoa
ORGANIZATION
Schiele
PERSONPommes
ORGANIZATIONChicago Deferred Exchange Corp.
ORGANIZATION
Joe Biden
PERSON
Chris Christie
PERSONNue Endormie
PERSON