tel 212-971-1306 fax 646-350-0954 cell 917.414.7584 On Feb 25, 2016, at 9:00 AM, Ariane Dwyer < wrote: Hi Rich, Just tried to call you. Please call me at your convenience 212 250 3228. Best, Ari From: Richard Kahn PliellleilliMPOIMINNISSmia Sent: Thursday, February 25, 2016 8:41 AM To: Ariane Dwyer Cc: Vahe Stepanian; Daniel Sabba Subject: Re: LBG Capital Tender Offer can you please respond with sales proceeds mr epstein would receive from this offer thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 fax 646-350-0954 cell 917-414-7584 On Feb 24, 2016, at 2:53 PM, Ariane Dwyer wrote: Hi Rich, I am emailing regarding a voluntary offer for Southern Financial. LBG is offering to purchase any and all of the LBG Capital No 1 PLC 144A notes per the below details. Recall Southern Financial holds 1,200,000 of the notes, position details also below. <image001.jpg> <image002.jpg> If you have any questions please reach out directly to the Tender Agent, Lucid Issuer Services, at +44 207 704 0880 (they are based in the UK). Additionally you can access the offer documentation on this website htto://lucid-is.com/lbaecn/ by registering as a Beneficial owner. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 120509 CONFIDENTIAL SDNY_GM_00266693 EFTA01459810