From: Paul Morris SeM: 3/17/2014 9:24:08 PM To: Tana Smith Subject: Re: First BRL note valuation date 3/20, poised to settle beyond barrier (down ^20%) ICJ Classification: Confidential When did jp put this one on? And I guess there is no way to get out of them. the From: Tazia Smith Sent: 03/17/2014 08:51 PM EDT To: "jeffrey epstein" lcevacation a gmailicom> Cc: Paul Morris Subject: Re: First BRL note valuation date 3/20, poised to settle beyond barrier (down —20%) [C] Classification: Confidential Mark-to-market on the note was S799k (down $201k) intrinsic value is $802k (down S198k). subject to moves in BRL for the next 3 days. Tazia Smith Director Key Client Partners - US Deutsche Bank Securities. inc. Deutsche Asset & Wealth Mann intent From: Jeffrey Epstein [jeevacation gmail.comi Sent: 03/17/2014 06:02 PM CST To: Tazia Smith Subject: Re: First BRL note valuation date 3/20. poised to settle beyond bather (down —20%) [C] is there a number??? On Mon, Mar 17, 2014 at I :44 PM, Tazia Smith wrote: Classification: Confidential Jeffrey - First BRL note's valuation date is this Thursday, 3/20 (settles 3/27): presently down 19.8%, intrinsic. Your original investment was $1mm notional. Initial strike: 1.9619 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0110842 CONFIDENTIAL SONY GM_00257028 EFTA01453306