Subject: FW: TWTR Update From: Paul Morris ‹ > Date: Fri, 21 Aug 2015 21:39:34 -0400 To: Jeffrey Epstein <[email protected]> Let's talk when you're back Original Message From: Ariane Dwyer Sent: Thursday, August 20, 2015 04:17 PM Eastern Standard Time To: [email protected] Cc: Daniel Sabba; Vahe Stepanian; Paul Morris; Stewart Oldfield; Richard Kahn Subject: TWTR Update > Jeffrey, This afternoon TWTR stock fell below its IPO price of $26. Please find below a chart of TWTR stock and the details of your TWTR trade. Best, Ari Source: Bloomberg Finance, LP TWTR Trade Details (as of trade date, 1/27/2015) Total Return Swap: Swap Seller: DB Swap Buyer: Southern Financial LLC Ticker: TWTR Size: 100,000 shares EFTA01474373

Expiry: 1/27/2016 Spread: lmL+ 75bps Resets: Monthly Optional Early Termination: Applicable, 3 days (two-way) Commissions: $0.03 per share in and out Initial Strike: $38.9662 (Gross) / $38.9962(Net) European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Shares: 100,000 Notional: $3,896,620.00 Type: Call Style: European Expiry: 1/27/2016 Strike $38.9662 Premium client receives: $728,278.28 (18.69%) Best, Ari fcid:[email protected] Ariane Dwyer Analyst I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management EFTA01474374

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