Epstein Secrets

BLACK ASSET SUMMARY MARCH 31.2015 NOTE ASSETS CASH

r Ill: raised to $565mm in May '15 - 5507 drawn) Leon Black Balance 2015 2016 2017 2018 Museum d Modeni

5 1.885.970253 5.979.316.619 UABILITIES THIRD PARTY LIABILITIES LOAN PAYABLEBOFA (ART) NOTE 6 (484,000.000) (484.000.000) LOAN PAYABLE-SOFA (AVIONETA) NOTE 6 (20.725.000) (20.725.000) LOAN PAYABLE-SOFA (BJAV) NOTE 6 (17.062.500) (17.062.500) ACCOUNTS PAYABLE (20.684 024) (492.062) (3,929

WALKING STICKS 0.54 JEWELRY 46.62 2.112.20 BLACK FAMILY PARTNERS, LP (LOOK THRU) CASH 0.57 NON-

DRB PRODUCTIONS 1.59 LIFE INSURANCE - CSV 18.90 98.59 Total Assets 6.419.57 Liabilities LOAN PAYABLE-BOFA (ART) (470.00) LOAN PAYABLE-BOFA (AVIONETA) (22.23) ACCOUNTS PAYABLE (0.05) LOAN - STARFIRE (BJAV) (17.90) LOAN - CONDO (OFH) (8.25) (518.43) Total Liabilities (518.43) Net Worth 5

BLACK FAMILY GROUP ENTITY LOOK THRU Global Balance Sh

.911,437 DRB PRODUCTIONS 1587.622 32.400.884 Total Assets 6.408,385.459 Liabilities LOAN PAYABLE-BOFA (ART) (470.000,000) LOAN PAYABLE-BOFA (AVIONETA) (22.225,000) LOAN - STARFIRE (BJAV) (17.896,670) LOAN - CONDO (OFH) (8.250,000) ACCOUNTS PAYABLE (118,294) (518,489.964) Total Liabilities

BLACK FAMILY GROUP ENTITY LOOK THRU Global Balance Sh

.911,437 DRB PRODUCTIONS 1587.622 32.400.884 Total Assets 6.408,385.459 Liabilities LOAN PAYABLE-BOFA (ART) (470.000,000) LOAN PAYABLE-BOFA (AVIONETA) (22.225,000) LOAN - STARFIRE (BJAV) (17.896,670) LOAN - CONDO (OFH) (8.250,000) ACCOUNTS PAYABLE (118,294) (518,489.964) Total Liabilities

6, 2015 12:53 AM To: jeffrey E. Subject: Re: BLACK tax projections It appears exercising no qualifi

APOLLO LINKED 5,262,404 58,444,573 1099-INT/DIV LINKED 1099-INT/DIV LINKED SPLIT DOLLAR SALE OF ART 28% PASSIVE LOSS REGAN ARTS/ ARTSPACE/ AVIONETA OTHER PASS THRU PLUG 2,000,000 OTHER PASS THRU LINKED 1,844,534 5,070,015 90,403 9,106,938 63,514,588 829,326 INTERES= - ART LOAN 90,403

5, 2015 10:54 PM To: jeffrey E. Subject: Re: BLACK tax projections Appears that they are showing SE

APOLLO LINKED 5,262,404 58,444,573 1099-INT/DIV LINKED 1099-INT/DIV LINKED SPLIT DOLLAR SALE OF ART 28% PASSIVE LOSS REGAN ARTS/ ARTSPACE/ AVIONETA OTHER PASS THRU PLUG 2,000,000 OTHER PASS THRU LINKED 1,844,534 5,070,015 90,403 9,106,938 63,514,588 829,326 =INTEREST - ART LOAN 90,403

To: Richard Kahn; Dlugash, Alan Subject: Re: BLACK tax projections but the entire amount was disgor

APOLLO LINKED 5,262,404 58,444,573 1099-INT/DIV LINKED 1099-INT/DIV LINKED SPLIT DOLLAR SALE OF ART 28% PASSIVE LOSS REGAN ARTS/ ARTSPACE/ AVIONETA OTHER PASS THRU PLUG 2,000,000 OTHER PASS THRU LINKED 1,844,534 5,070,015 90,403 9,106,938 63,514,588 829,326 INTERE=T - ART LOAN 90,403

, 2015 12:11 AM To: Richard Kahn Subject: Re: BLACK tax projections as a director of sin is that sel

APOLLO LINKED 5,262,404 58,444,573 1099-INT/DIV LINKED 1099-INT/DIV LINKED SPLIT DOLLAR SALE OF ART 28% PASSIVE LOSS REGAN ARTS/ ARTSPACE/ AVIONETA OTHER PASS THRU PLUG 2,000,000 OTHER PASS THRU LINKED 1,844,534 5,070,015 90,403 9,106,938 63,514,588 829,326 INTERE=T - ART LOAN 90,403