[USE LETTERHEAD OF LDB] April 27, 2014 Terje Rod Larsen, President International Peace Institute, Inc. 777 United Nations Plaza, 4'h Floor New York, NY 10017-3521 Dear Mr. Larsen: In appreciation of the excellent work being done at International Peace Institute, Inc. ("IPI"), I have made a charitable gift in the amount $750,000, representing an unrestricted gift for the use and benefit of IPI to support IPI's ongoing initiatives, by wire transfer of said gift in accordance with the following wire transfer instructions: Bank name: ABA Number: Account name: Account number: Bank address: JPMorgan Chase 021-000021 International Peace Institute 152-013229 1 United Nations Plaza, Branch 292 New York, NY 10017 With best wishes for IPI's continued success, Leon D. Black EFTA01207551