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EFTA01971255

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To: Ada Clapp From: Jeffrey Epstein Sent: Thur 5/23/2013 2:23:04 PM Subject: Re: record owner is only on the books of apo, the dividend is paid tot he record owner, brh. i believe , On Thu, May 23, 2013 at 10:15 AM, Ada Clapp wrote: Leon and trusts own their interests in BRH through their ownership in BFP (so BFP is the record owner of 44% of BRH). I have an asset summary from 2/28/13 which lists record ownership of BFP as follows: Percentage Owner 7.2 Leon 7. LBD 2011 LLC 4.55 1997 Black Family Trust 72.2 Black 2006 Family Trust 9. 2009 GRAT Ada Clapp Black Family Partners clo Apollo Management 9 W 57th Street Now York NY 10019 phone IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used by any person or entity for the purpose of (i) avoiding tax related penalties imposed by any governmental tax authority, or (ii) promoting, marketing or recommending to another party any transaction or matter discussed herein. I advise you to consult with an independent tax advisor on your particular tax circumstances. This communication, and any attachment, is for the intended recipient(s) only and may contain information that is privileged, confidential and/or proprietary If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. EFTA_R1_00453864 EFTA01971255

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