From: Barrett, Paul S Sent: Monday, January 30, 2012 8:04 PM To: Jeffrey Epstein Cc: Ens, Amanda Subject: Apple =OA =i Jeffrey Ou= AAPL total return swap is fixing tomorrow. We are long $3MM worth at $3=9.48. Stock at $453.00 right now which leaves us up $915,000=2E I think we should roll it into another 53 week swap. </=pan> JPM Price Target = $=25 &=bsp; Let me kn=w. Paul <=span> =OA Paul Barrett, CFA Managing Director Gl=bal Investment Opportunities Group JPMorgan Private Bank (W) (F) 1 EFTA_R1_01304735 EFTA02340258

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