To: Eileen Alexanderson Fran: Jeffrey Epstein Sent Sun 9/30/2012 4:37:14 PM SubJett Re: Fw: please see attached re our conversation later put it in a temp holding . try to not have any connection to trusts or kids, until things are clear. the pwc temp loan idea. On Sun, Sep 30, 2012 at 11:52 AM, Eileen Alexanderson wrote: Will do From: Jeffrey Epstein [mailto:ieevacationaamail.com] Sent: Sunday, September 30, 2012 11:50 AM To: Eileen Alexanderson Subject: Re: Fw: please see attached re our conversation later have leon call my cell, if you can track him down On Sun, Sep 30, 2012 at 11:19 AM, Eileen Alexanderson < wrote: Update on the attached structure chart for our purchase of Phaidon by the Trusts: the decision was to use a UK LLP instead of the Scottish one largely because the setup process(ie. You need Scottish counsel and a Scottish registered address) is easier and the PWC man could not convince all others that there was enough benefit. I've been advised there is a definite advantage to having the trusts own this through LLCs instead of going directly in (as you read in the email I forwarded from Gregor) and Leon will enter through a separate LLC than the trusts and be the Managing Member. I'm just thinking through governance and who should be on what Boards. The Trustees then would be the members of the LLP. Bidco will be buying and own the shares of PPL. Since money for that is coming from the trusts I am thinking at least one of the Trustees should be on this Board with Leon and Debra-correct? Leon wants the kids themselves to be part of this too as a learning experience and as prep for one of them potentially running this someday-I am thinking they should only be on the Board of PPL, the actual company, Phaidon Press Ltd with the Exec Directors from company management and a few additional outsiders Leon has in mind with Publishing expertise-or could/should they be on the bidco board? I was advised board meetings of these UK