From: David Ster Sent: Tuesday, November 15, 2011 7:49 PM To: Jeffrey Epstein Subject: Fwd: Attachments: 8097266_2_SlidesDS.ppt; Untitled attachment 00633.htm; 8098877_1_PTC paper.DOC; Untitled attachment 00636.htm Have = look at the attachment: Jersey or Liechtenstein =oundation Trust(s) managed from Hong Kong Regulated =und in appropriate jurisdiction that makes investments (minimal/no =isclosure) Begin forwarded =essage: From: "Munro, Philip" Subject: RE: Potential New Client Date: 15 November 2011 =8:15:19 GMT To: "David Stern </=iv> Cc: "Graves, Katie" =1 Dear David It=was a pleasure to speak with you yesterday; I am glad that you found the call useful. As=discussed, I attach some slides setting down some very preliminary thoughts. I =lso attach a standard paper on private trust companies that you might find =f interest - this might be a trustee model that would be appropriate in =his case. Kind regards, Philip Philip =unro on behalf of =ithers, Hong Kong Solicitor (England & Wales and Hong Kong) Wealth Plannin - Funds Investment, Tax and Trusts Tel: </=pan> EFTA_R1_02043932 EFTA02694911

Withers =br>Suite 2005-7, 20/F, Gloucester Tower, The Landmark 15 n' R ntral, Hong Kong T: F: www.withersworldwide.com Hong Kong, London, Geneva, Zurich Milan, New =ork, Greenwich, New Haven, British Virgin Islands This email (and any attachments) is confidential and may also be =egally privileged. If you are not the intended recipient =lease immediately notify the sender then delete it from your =ystem. You should not copy it or use it for any purpose nor disclose its contents =o any other person. A list of Withers' partners may be =nspected at the address above. =/htm i>. 2 EFTA_R1_02043933 EFTA02694912