Epstein Secrets

Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or

llennium Management. or trusts for the benefit of any member thereof: and any Limited Partner that is an entity directly or indirectly controlled by Millennium Management or Affiliates. DOC ID- 29147063.5 1-36 CONFIDENTIAL UBSTERRAMAR00003967 EFTA00239299 FOR EXISTING INVESTOR USE ONLY each date that an Incentive Allocation

Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or

lennium Management, or trusts for the benefit of any member thereof: and any Limited Partner that is an entity directly or indirectly controlled by Millennium Management or Affiliates. ML281817-MAXWELL I-37 CONFIDENTIAL UBSTERRAMAR00002367 EFTA00237923 Millennium USA that is not expected to be used will be reversed after Mil

Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or

lennium Management, or trusts for the benefit of any member thereof: and any Limited Partner that is an entity directly or indirectly controlled by Millennium Management or Affiliates. Me -MAXWELL I-37 CONFIDENTIAL UBSTERRAMAR00001314 EFTA00236960 Millennium USA that is not expected to be used will be reversed after Millenni