From: jeffrey E. <[email protected]> Sent: Tuesday, February 24, 2015 2:02 AM To: Eileen Alexanderson Subject: Re: Funding of Phaidon acquisition with detail re $67,000 thanks On Mon, Feb 23, 2015 at 9:45 PM, Eileen Alexanderson < <mailto > wrote: Highlighted #1 on attached bank statements: 10/3/12 $54,000,000 transferred from =lack Family 1997 Trust to PLB LLC (80.597% interest in PLB)<=p> 10/3/12 $10,000,000 transferred from =DB 2011 LLC to PLB LLC (14.925% interest in PLB) 10/3/12 $3,000,000 transferred from B=ack Family GST 1997 Trust to PLC LLC (4.478% interest in PLB) 10/3/12 $67,000 transferred from Leon=acct 9982 to PLB LLC acct, funding from Leon for acquisition on behalf of =MWT (JMWT LLC bank account not yet open) 10/3/12 $66,001,800 (41,000,000 GBP) transferred from PLB LLC acct on behalf of PLB and JMWT to MacFarlane=E2 s client account for purchase of Phaidon 10/12/12 JMWT LLC Bank account opened=/u> Because Leon's contribution should have gone=through JMWT, once bank account was opened, the following transfers were m=de: 11/1/12 $67,000 transferred back from=PLB to Leon's acct 9982 (highlighted #2 on attached)<=> 11/1/12 $67,000 transferred from Leon=9982 to JMWT LLC acct (highlighted #3 on attached) 11/1/12 $67,000 transferred from JMWT=LLC acct to PLB LLC acct (highlighted #4 on attached) Eileen Alexander=on Elysium Management<=> EFTA_R1_01643214 EFTA02511194

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