From: Alan S Halperin < Sent: Wednesday, August 14, 2013 9:24 PM To: Eileen Alexanderson Cc: 'Ada Clapp'; 'Jeffrey Epstein': Jessica Soojian Subject: Re: Appropriate discount Attachments: img-814165329-0001.pdf Thanks. I am not surprised. The lock up and block likely would give rise to a significant discount if sold to a third party. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Click Here for More Information <http://www.paulweiss.com/files/tbl_s29Publications/FileUpload5679/5647/230.pdf> Alan S. Halperin I Partner Paul, Weiss, Rifkind, Wharton & Garrison LLP 1285 Avenue of the Americas I New York, NY 10019-6064 (Direct Phone) I (Direct Fax) <mailto t> I www.paulweiss.com <http://www.paulweiss.com/> From: "Eileen Alexanderson" sc ;• To: Alan S Halperin/PaulWeiss@PaulWeiss, "'Jeffrey Epstein— <[email protected]>, "'Ada Clapp— , Jessica Soojian/PaulWeiss@PAULWEISS Date: 08/14/2013 05:14 PM Subject: Appropriate discount As you will see on the attached, collective discount on Dec 2012 draft report was 33% consisting of 20% discount off then current mkt values + 15% discount for lack of control and marketability. Original Message From: NY_730_11_XRX_COPYROOM (mailto <mailto: Sent: Wednesday, August 14, 2013 4:53 PM >) EFTA_R1_01950876 EFTA02673565