From: Richard Kahn Sent: Monday, March 30, 2015 9:35 PM To: Jeffrey E. Subject: Fwd: MCD Indicative Pricing [C) why .06 per share in and out when previous trades were for =03.. Total Return Swap: Swap =eller: DB Swap =uyer: Southern Financial LLC Ticker: &n=sp; TWTR Size: &nbs=; =100,000 shares Expiry: &n=sp; 1/27/2016 Spread: &n=sp; lm L+ 75bps Resets: &n=sp; Monthly Optional =arly Termination: Applicable, 3 days (two-way) Commissions: $0.03 per share in and =ut Initial Strike: =ommercially reasonable VWAP until today's close Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>Vahe Stepanian To: Jeffrey Epstein <[email protected]> Cc: Daniel Sabba Subject: =/b>MCD Indicative =ricing [CI Date: March 30, 2015 at 5:32:16 PM EDT Classification: Confidential Ariane Dwyer >, Richard Kahn EFTA_R1_01321467 EFTA02348007