From: Richard Kahn To: Jeffrey Epstein Subject: AYH Date: Fri, 26 Apr 2013 17:19:57 —0000 Jeffrey, I have been reviewing the AYH investment as you asked. I have spoken on numerous occasions to both Tom and Frank. Tom has been very open and attempts to be helpful. Frank, less so , and he keeps asking why do you want to know? Unfortunately I am still missing documents to give you firm and clear answers. Frank, tells me they don't have the answers as the auditors prepared the audited financial statements. This seems odd to say the least as AYH had to give the auditors work-papers to prepare financials. On January 23, 2007 a finders fee in the amount of 253,125 was paid to Island Capital. (frank said that was Andrew entity?) Did you have any other agreement with him that I am unaware of? There is another 247,000 on IGY Ltd and Subsidiaries audited financial statements as a gain on sale of your 50% interest? In 2007, 743,071 was paid as interest expense to an affiliate. I believe that this was a pass thru of interest expense with no markup per a line of credit IGY Ltd had with Banco EFTA00657855