Epstein Secrets

11:57:57 AM EDT Classification: Confidential Hi Rich, >, Darren Can you please confirm you agree wit

,928) NET UNREALIZED LOSS TWTR AS OF 6/29 (37,342) CALCULATION TWTR Stock 5-27 TWTR Stock 6-29 Reduction in Price 36.41 34.21 2.20 x 100,000 Notional = 220,000 EFTA00852505 Interest CALCULATION 100,000 Notional x TWTR Spot as of 5-27-2015 36.41 3,641,000 Notional for Interest Calculation 3,64

32 PM EDT Classification: Confidential Darren / Rich — please find attached termination agreement for

n Financial went long DB Commodity WTI Short Volatility II Index. Initial strike to be set at close today. The Initial Margin on this trade is 5% of Notional. Official termsheet and confirm to follow. EFTA00860050 Trade recap: OTC index swap Buyer: SOFL Seller: DBAG London Underlying: DB Commodi

32 PM EDT Classification: Confidential Darren / Rich — please find attached termination agreement for

t Reset Date ] • Discount Factor — Bid/Offer Cost If this number is negative, then SOFL will pay the absolute value of this number. EFTA00860054 Notional: $10,000,000 Strike: 255.8709 Last Reset Date: 31 Mar 2015 Index closing level on Last Reset Date: 243.5748 Discount Factor: Discount factor betw

32 PM EDT Classification: Confidential Darren / Rich — please find attached termination agreement for

n Financial went long DB Commodity WTI Short Volatility II Index. Initial strike to be set at close today. The Initial Margin on this trade is 5% of Notional. Official termsheet and confirm to follow. EFTA00670830 Trade recap: OTC index swap Buyer: SOFL Seller: DBAG London Underlying: DB Commodi

from HE, so the position matured per the confirm. Rich was in loop throughout. SFLLC wired —$577k DB L

00%. Initial strike on both transactions to be commercially reasonable VWAP until today's close. The Initial Margin on these transactions is 30% of Notional. Termsheet and official confirm to follow. Total Return Swap: Swap Seller: DB Swap Buyer: Southern Financial LLC Ticker: TWTR Size: 100,000