From: Heather Gray To: "Melanie Spinella CC: "Jeffrey Epstein Subject: time sensitive questions for Leon Date: Tue, 16 Sep 2014 15:14:05 +0000 Good morning, Melanie, Charlie Moffett just told me that if Leon wants to sell any works in Sotheby's Impressionist & Modern Art Day Sale in November, we would need to let him know by close of business tomorrow. Here are the details: Impressionist & Modern Art Day Sale November 5. 2014 Pierre Bonnard Mart he sur un divan Circa 1900 Oil on cardboard 17 1/8 x 16 1/8 inches Sotheby's estimate: $300,000 -400,000 Leon's tax cost: $300,000 (per Rich Joslin, for each work) Max Beckmann Taubstumme 1921 Pencil on paper laid down on paper 10 'A by 7 3/8 inches Sotheby's estimate: $50,000 -70,000 Leon's tax cost: $84,435 Juan Gris Nature morte a Jo cafetiere 1917 Pencil and charcoal on paper 18 7/8 by 12 5/8 inches Sotheby's estimate: $300,000 -500,000 Leon's tax cost: $123,891 In Charlie's July 25th email to you, he offered 106% for the full group (the three works above, plus all of the works listed below). If Leon decides to sell less than the whole group, this number may come down. Question for Leon: Does he want to sell (1) the Bonnard, (2) the Beckmann and/or (3) the Gris in Sotheby's Impressionist & Modern Art Day Sale in November with the estimates set forth above? (Sotheby's needs an answer by end of day tomorrow.) Here are the rest of the works potentially for sale with Sotheby's estimates. We can wait until next week to make a decision on these. Contemporary Art Evening Sale New York November 11 2014 Isamu Noguchi EFTA00665350