Classification: Confidential ?? I'll check Paul Morris Managing Director Deutsche Bank Private Bank From: jeffrey E. [mailto:[email protected]] Sent: Tuesday, August 11, 2015 9:47 AM To: Paul Morris Subject: Fwd: Cnh trade [C] Forwarded From: Richard Kahn Date: Tue, Aug 11, 2015 at 7:03 AM Subject: Fwd: Cnh trade [C] To: Jeffrey Epstein <[email protected]> Sent from my iPhone Begin forwarded message: From: Vahe Stepanian Date: August 11, 2015 at 8:58:36 AM EDT To: Richard Kahn , Daniel Sabba Subject: RE: Cnh trade [C] Classification: Confidential EFTA01474258

Rich - we confirmed with our traders that the option currently does not have any value. Recall the trade details are as follows: TradeType EUR BuySell Client Buys Currencyl USD CP Put Notionall 75,000,000 Currency2 CNN Notional2 -462,000,000 Strike 6.1600 ZoneCut EFTA01474259

TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14 August 2014 Thank you, Vahe fcid:[email protected] *Used with the permission of Bloomberg LP EFTA01474260