Epstein Secrets

From: Ike Groff Subject: Early Tour 4.17.14 Date: Thu, 17 Apr 2

Research: :••• Bofa downgrades SDRL NO/BAW SJ/ARTC DB & upgrades HTO GA (buy), Investec cuts DIA LN • Berenberg downgrades SZU GR (sell) & upgrades RSL LN, SocGen upgrades ELPE GA (buy) • Citi upgrades BKIA SM/CABK SM (buy) & cuts KIO SJ (sell), Panmure upgrades PDG LN (buy) • DB downgrades PKN PW, GS

From: Ike Groff Subject: Early Tour 11.21.13 Date: Thu, 21 Nov 2

eit buy ZONO PL, Panmure +ve IN LN • KepChev upgrade MEC CY, SRN IM, Oddo downgrade ITRK LN, upgrade MEC CY, MF downgrade SZG GY • BofAML downgrade RSL LN, upgrade LGEN LN, Citi downgrade SW FP, ALV GY • Danske upgrade ROCKB DC, DBK upgrade EBS AV, RBI AV, MAQ downgrade SVT LN ••• GS upgrade European

From: Ike Groff Subject: Early Tour 5.7.13 Date: Tue, 07 May 201

VK FP, initiate ESUR LN (ow), HTY LN (ow), downgrade RBS LN, ADM LN, GS initiate HTY LN (b), GLEN LN (n), ••• BofAML most pref: add ALV GY, remove RSL LN, least pref: add CS FP, SREN SW, remove AML LN, SLHN SW • BofAML upgrade STERV FH, downgrade DAI GY, Barc initiate UKW LN (ew), Citi downgrade SEV F

From: Ike Groff Subject: Early Tour 11.28.12 Date: Wed, 28 Nov

ELB BB, BofAML upgrade PFG SJ, Akros cuts BMPS IM HSBC upgrade DEB LN, Citi initiate UU/ LN (b), JEFF upgrade GFS LN, Nomura upgrade MC FP UBS cuts RSL LN, Raja initiate ZIGGO NA (up), Barc cuts SKFB SS, Baird initiate VOD LN (op) Reporting Pre-Open: AEO, ANN, EXPR, GAGA, GLNG, JASO, JOSB, LEDS, MOV, N