From: David Stern < Sent: Friday, June 24, 2011 10:40 AM To: Jeffrey Epstein Subject: Fwd: First draft of placement memorandum PE Belorussia (0095739-0000004) Attachments: LU-#4232950-v2-PPM_Belorussia_PE_Fund_Project.DOC; Untitled attachment 00348.htm; Untitled attachment 00351.pdf; Untitled attachment 00354.htm; LU-# 4300687-v3-BHV_Fund_-_IAA.DOC; Untitled attachment 00357.htm; LU-#4297160-v6- BHV_Fund_-_AoLDOC; Untitled attachment 00360.htm; LU-#4304182-v2- BHV_-_Aol_of_the_GP.DOC; Untitled attachment 00363.htm From Rowland, his new fund he wants me to join =ogether with him and add China and Europe to Russia & =elorussia. As instructed I will stay =way. Begin forwarded message: From: "Jonathan Rowland" <=span> Date: 24 June 2011 08:48:35 GMT+01:00 To: < </=iv> Subject: FW: First draft =f placement memorandum PE Belorussia =0095739-0000004) As discussed please find fund =ocumentation. Jonathan <=body> The =nformation transmitted is intended only for the person or entity to =hich it is addressed and may contain confidential, privileged and/or =roprietary material. Any review, retransmission, dissemination or other =se of, or taking of any action in reliance upon, this information by =ersons or entities other than the intended recipient is prohibited. If =ou received this in error, please contact the sender and delete the =aterial from any computer. The Internet cannot guarantee the integrity =f this message. Banque Havilland S.A. will not therefore be liable for the message if =odified. Any use not in accord with its purpose, any dissemination or =isclosure, either whole or partial, is prohibited except formal =pproval. Unless otherwise stated, any pricing information given in this =essage is indicative only, is subject to change and does not constitute =n offer to deal at any price quoted. Any reference to the terms of =xecuted transactions should be treated as preliminary only and subject =o our formal written confirmation. Pleas