From: Heather Gray To: "Jeffrey Epstein ([email protected])" <[email protected]> CC: "Melanie S inella " < >, "Brad Wechsler" Subject: Giacometti - sale at $25 million Date: Wed, 16 Nov 2016 00:29:40 +0000 Attachments: AP_Narrows_LP_exchangeiwith_Giacometti_at_25)_11.15.16.pdf Hi Jeffrey, I updated the attached chart to show three possible scenarios for the AP Narrows exchange: (i) a sale of the Giacometti at $30 million by November 20 (the end of the exchange period), (ii) a sale of the Giacometti for $25 million by November 20, and (iii) a sale of the Giacometti for $30 million after November 23rd (assuming it is not rolled into a new exchange). Best, Heather Heather Gray Elysium Management LLC 445 Park Avenue Suite 1401 New York, NY10022 646-589-0315 EFTA01061410