VIA EMAIL November 11, 2015 TO: Jeffrey Epstein — 'eevacation@ mail.com CC: Leon Black - Brad Wechsler — Jeffrey, Here is the VERY PRELIMINARY 2016 cash flow you requested. Even though it's very preliminary Brad asked that I copy Leon since revenue numbers are markedly different than prior years. Please note: 1. The cash flow is presented in 3 parts: (a) page one - annual projected summary for 2016 (b) page 2 month by month summary and (c) page 3 footnotes that tie back to page 2. 2. Most numbers are "estimated" to the nearest ten thousand dollars. 3. Third party-input was used where available (cg., Chris Pollack on the 70th Street expenditures, most recent Apollo projections, etc.) 4. Where relevant, last year's number were used as a starting point (e.g. plane and boat expense). 5. Only identified art purchases are incorporated. Let's discuss next steps at your earliest convenience. EFTA01115050