From: "Gladwyn, Henry" <Henry.GladwyngSlaughterandMay.com> To: "Jeffrey epstein" <jeevacationggmail.com> Cc: "Ian Osborne" <iwogiwosborne.com>, "HORTON, Mark" <Mark.HORTONgSlaughterandMay.com> Subject: RE: JV letter and Investment Letter Date: Tue, 07 Feb 2012 19:12:49 +0000 Attachments: JV Letter 510769229 22.DOC; Investment letter 510774411 23.DOC CONFIDENTIAL EMAIL FROM SLAUGHTER AND MAY - THIS EMAIL AND ANY ATTACHMENT MAY BE PRIVILEGED Jeffery, Please ignore the attachments to my last email. The correct attachments are now included. Kind regards, Henry Henry Gladwyn Associate DD 020 7090 3276 Mobile 07827953126 Slaughter and May One Bunhill Row London EC 1Y 8YY From: Gladwyn, Henry Sent: 07 February 2012 18:55 To: 'Jeffrey epstein' Cc: Ian Osborne; HORTON, Mark Subject: RE: )V letter and Investment Letter CONFIDENTIAL EMAIL FROM SLAUGHTER AND MAY - THIS EMAIL AND ANY ATTACHMENT MAY BE PRIVILEGED Jeffrey, Attached are the latest drafts of the Investment Letter and Joint Venture Letter. Investment Letter Amendments as discussed on the last two calls, in particular: 1. To specify that such interest as is earned on the loan amounts while they are in the Company's bank account shall be proportionately returned to the Investors. As discussed, this structural modification should deal with the concern of your US tax adviser. EFTA01173471