Original Message From: Jeffrey Epstein [[email protected] <mailto:[email protected]> ] Sent: Thursday, August 01, 2013 05:50 PM Eastern Standard Time To: Barrett, Paul S Subject: Re: Oil pricing how much margin for 1 million barrells. On Thu, Aug 1, 2013 at 5:46 PM, Barrett, Paul S > wrote: So on 100,000 barrels: You are long at 110/bbl. Below payout is at expiry: Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Private Bank I From: Jeffrey Epstein [mailto:[email protected] <mailto:[email protected]> ] Sent: Thursday, August 01, 2013 5:30 PM To: Barrett, Paul S Subject: Re: Oil pricing lets put on some of version 1 to start , give me a chart of size and profits at 130-150 3 EFTA_R1_01742423 EFTA02572718

On Thu, Aug 1, 2013 at 12:16 PM, Barrett, Paul S crnailt > wrote: BULLISH WTI RISKIES Version 1 Client buys Mar14 WTI 110 call Client sells Mar14 WTI put; 93.50 strike; 83.50 at-expiry knock-in Cashless Version 2 Client buys Mar14 WTI 120 call Client sells Dec13 WTI put; 95 strike; 90 at-expiry knock-in Cashless Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Private Bank From: Barrett, Paul S Sent: Wednesday, July 31, 2013 11:23 AM To: 'Jeffrey Epstein' Cc: Barrett Team Subject: Oil pricing OIL RIKSIES 4 EFTA_R1_01742424 EFTA02572719

UNDERLYING OPTION EXPIRY REFERENCE RATE PUT STRIKE CALL STRIKE NET PREMIUM Dec13 WTI 15Nov2013 100.50 91.50 109.50 Cashless Jan14 WTI 16Dec2013 99.25 89.50 108.50 Cashless Feb14 WTI 15Jan2014 98.10 88.00 107.50 Cashless Dec13 BRENT 11Nov2013 5 EFTA_R1_01742425 EFTA02572720

104.50 95.00 114.50 Cashless Jan14 BRENT 11Dec2013 104.00 94.00 114.00 Cashless Feb14 BRENT 13Jan2014 103.50 93.00 114.00 Cashless Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Private Bank I This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email <http://www.jpmorgan.com/pages/disdosures/email> . 6 EFTA_R1_01742426 EFTA02572721

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email <http://www.jpmorgan.com/pages/disdosures/email> . The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email <http://www.jpmorgan.com/pages/disdosures/email> . The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email. 7 EFTA_R1_01742427 EFTA02572722