Epstein Secrets

613.6 1130/ 57972 1111111.4 1109 133.5 1641 144.2 173.2 192 Mag» 00 14.3% 112% 144% 150% 111% EB1T Pl 10.4 151.1 1511 1473 110 Mavo& 110% 141% Ite% niw. »10 Na ba» 1S1.51 514 1012 101.2 Mr0.0..1 MI% /6.00 1/1100115 0.321 1.16 221 211 257 211 Ce» 11» 0000.61 'R

II 14 %SN EPS Hbllyn SeeNuon1 • ,i.t. entibCrxteiffii tas %ut Immun s ch hm intionffig l'emmena& Amm. t ffiul Espentlisics agace SYM 1.ni Mao, lu% Luldnics 1.94 Fqeds ut. %Vende CsOld (Au Fut MAC si.d.Taa Pif 1 ...À Cu% 4•44 Cul. ts4 Nd 190E /bal Vin Gan. LTM Nå Ter Faim. Dte.31

ION REPORT As of Julie 2o, 2011 CONCLUSION Based on the information provided and the analysis conducted, and subject to the attached Statement of Limiting Conditions, it is our opinion that one common share of the Company as of the Valuation Date should be valued as follows: $0.77 (rounded) ZERO DOLLARS AND SEV

613.6 1130/ 57972 1111111.4 1109 133.5 1641 144.2 173.2 192 Mag» 00 14.3% 112% 144% 150% 111% EB1T Pl 10.4 151.1 1511 1473 110 Mavo& 110% 141% Ite% niw. »10 Na ba» 1S1.51 514 1012 101.2 Mr0.0..1 MI% /6.00 1/1100115 0.321 1.16 221 211 257 211 Ce» 11» 0000.61 'R

II 14 %SN EPS Hbllyn SeeNuon1 • ,i.t. entibCrxteiffii tas %ut Immun s ch hm intionffig l'emmena& Amm. t ffiul Espentlisics agace SYM 1.ni Mao, lu% Luldnics 1.94 Fqeds ut. %Vende CsOld (Au Fut MAC si.d.Taa Pif 1 ...À Cu% 4•44 Cul. ts4 Nd 190E /bal Vin Gan. LTM Nå Ter Faim. Dte.31

ION REPORT As of Julie 2o, 2011 CONCLUSION Based on the information provided and the analysis conducted, and subject to the attached Statement of Limiting Conditions, it is our opinion that one common share of the Company as of the Valuation Date should be valued as follows: $0.77 (rounded) ZERO DOLLARS AND SEV

613.6 1130/ 57972 1111111.4 1109 133.5 1641 144.2 173.2 192 Mag» 00 14.3% 112% 144% 150% 111% EB1T Pl 10.4 151.1 1511 1473 110 Mavo& 110% 141% Ite% niw. »10 Na ba» 1S1.51 514 1012 101.2 Mr0.0..1 MI% /6.00 1/1100115 0.321 1.16 221 211 257 211 Ce» 11» 0000.61 'R

II 14 %SN EPS Hbllyn SeeNuon1 • ,i.t. entibCrxteiffii tas %ut Immun s ch hm intionffig l'emmena& Amm. t ffiul Espentlisics agace SYM 1.ni Mao, lu% Luldnics 1.94 Fqeds ut. %Vende CsOld (Au Fut MAC si.d.Taa Pif 1 ...À Cu% 4•44 Cul. ts4 Nd 190E /bal Vin Gan. LTM Nå Ter Faim. Dte.31

ION REPORT As of Julie 2o, 2011 CONCLUSION Based on the information provided and the analysis conducted, and subject to the attached Statement of Limiting Conditions, it is our opinion that one common share of the Company as of the Valuation Date should be valued as follows: $0.77 (rounded) ZERO DOLLARS AND SEV

onch 2.3 11893.444 (3973.44$) 52.920903 0.1% Mao Coarrossors VI 94. 11C Ed Mrenb (.3 140849./93

p Interest, Security, or Intangible Asset. Valuation Summary Based on the following review and analysis, and subject to the attached Statement of Limiting Conditions, it is our estimate that the fair market value of a 34.53% limited partnership interest in Black Family Partners, LP is reasonably stated as $780,0