Epstein Secrets

:38 AM Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] To: "jeffrey E." <jeevacation ail.com> Cc: Vahe Ste anian • Arian Dw er , Richard Kahn Classification: Confidential , Paul Morris We received the quanto USD prices for 3m 100% calls and 6m 90% calls. They work for a notional of USD

om> Cc: Vahe Ste anian • Arian Dw er , Richard Kahn Classification: Confidential , Paul Morris We

They work for a notional of USD 5mm. 3m qUSD 100% Call Offer Mid Level Spot Ref BASFn.DE 3.55% 3.22% 94.67 ALVG.0 6 2.10% 1.78% 168.05 VOWG_p.DE 4.60% 4.25% 246.2 6m qUSD 90% Call Offer Mid Level Spot Ref BASFn.DE 11.15% 10.82% 94.67 ALVG.0 6 9.35% 8.99% 168.05 EFTA00858842

6.15 Regards, Daniel From: Daniel Sabba Sent: Tuesday, April 14, 2015 10:38 AM To: 'Jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; 'Richard Kahn' Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, We received the quanto USD prices for 3m 100

he Stepanian; Ariane Dwyer; Paul Morris; 'Richard Kahn' Subject: RE: Levered plays on BASF, Allianz and

qUSD 100% Call 3m Offer Mid Level Spot BASFn. DE 4.05% 3.74% 93.01 ALVG DE 2.70% 2.40% 159.6 VOWG_p. DE 4.90% 4 59% 226.15 qUSD 90% Call 6m Offer Mid Level Spot BASFn. DE 11.50% 11.16% 90.01 ALVG. DE 9.80% 9.46% 159.6 VOWG_p. DE 12.

EFTA01472886 Daniel From: Daniel Sabba Sent: Tuesday, April 14, 2015 10:38 AM To: 'jeffrey E.' Cc: Vahe Stepanian; Ariane Dwyer; Paul Morris; 'Richard Kahn' Subject: RE: Levered plays on BASF, Allianz and Volkswagen [C] Classification: Confidential Jeffrey, We received the quanto USD prices for 3m 100

ahe Stepanian Ariane Dwyer Paul Morris Richard Kahn Classification: Confidential Jeffrey, Refreshe

currently be cleared by DB to a US Person? qUSD 100% Call 3m Offer Mid Level Spot BASFn.DE 4.05% 3.74% 90.01 ALVG.DE 2.70% 2.40% 159.6 VOWG_p.DE EFTA01472885 4.90% 4.59% 226.15 qUSD 90% Call 6m Offer Mid Level Spot BASFn.DE 11.50% 11.16% 90.01 ALVG.DE 9.80% 9.46% 159.6 VOW