Epstein Secrets

alized returns for periods greater than 12 months. I Ptcase note: The TWR calculations are Net of Fees. MorganStanley SmithBarney EFTA00283509 MBZ 1992 News Trust Executive Summary - December 31, 2012 Actual Allocation % for Policy Assets 12131/2012 Actual 1V3W2012 Investment Assets Fatale Cott Value

Flaw Return Value Return Return Return Obligations To Related Parties BR, Inc - ("Lazy Z" Motor Yacht) 9/30/2008 -14,792,507 -14,792,507 Pauline Gertler 9/30/2007 -2,265,201 -2,265,654 USN Aviation - (ZWA, Inc.) 9/30/2008 -29,368,425 -29,260,862 ZAS, LLC- (Waldorf Flight Services) 9/30/2008

Barney 130 EFTA00283582 MBZ 1992 News Trust Balance Sheet - As of December 31, 2012 Current Value of Individual/Entity (as of 12/31/12) Value MBZ 1992 News Trust ($38,100,000) LIABILITIES $38,100,000 Obligations To Related Parties $38,100,000 The Mortimer B. Zuckerman 1983 Family TR UAD 12-21-83 $38,100

950 Fifth Avenue $32,000,000 LIABILITIES $330,334,910 Obligations To Related Parties $47,884,243 BR, Inc - ("Lazy 2" Motor Yacht) $14,792507 Pauline Gertler $2.265,654 USN Aviation - (ZWA, Inc.) $29,260,862 ZAS, LLC- (Waldorf Flight Services) $1,565,220 Please note: The MV of BXP common stock does n

Barney 132 EFTA00284474 MBZ 1992 News Trust Balance Sheet - As of December 31, 2011 Current Value of Individual/Entity (as of 12/31/11) Value MBZ 1992 News Trust (S38,100,000) LIABILITIES 438,100,000 Obligations To Related Parties 438,100,000 The Mortimer B. Zuckerman 1983 Family TR UAD 12-21-83 438,100

950 Fifth Avenue 332,000,000 LIABILITIES $312,547,220 Obligations To Related Parties 349,935,503 BR, Inc - ("Lazy 2" Motor Yacht) 314,792,507 Pauline Gertler $2,310,476 USN Aviation - (ZWA, Inc.) 330,551,620 ZAS, LLC- (Waldorf Right Services) $2,280,900 Confidential MorganStanley SmithBarney 121