EFTA01451227

From: Vahe Stepanian Sent: 1/13/2014 3:37:47 PM To: jeffrey epstein ([email protected] CC: Subject: Trade Report • 1/13/14 ICI Attachments: pic07226.gif; pic27688.gif Paul Morris Classification: Confidential Jeffrey, Today you executed the following: Bought 25k FMI @ $27.4463 Separately, as a follow up to my e-mail on Friday - you redeemed 81,563.173 JVAIX (-52.2mm of JP Morgan value Advantage Mutual fund) @ 527.17. Thank you, vahe (Embedded image moved to file: pic07226.gif) vahe Stepanian Associate I wealth Investment coverage Deutsche Bank Securities Inc. Deutsche Asset & wealth Management 345 Park Avenue - 26th Floor New stork, NY 10154-0004 Tel. Fax mobile Email From: Tazia Smith/db/dbcom@DBAMERICAS To: "jeffrey epstein" <[email protected]>, Cc: "vahe Stepanian" Date: 01/13/2014 02:03 PM Subject: Re: PDVSA chart + USDJPv Trade [C] Classification: Confidential working 20pct of volume given liquidity. let us know if you want to be more aggressive. Tazia Smith Director Key client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & wealth management 345 Park Avenue - 26th Floor CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 107561 CONFIDENTIAL SDNY_GM_00253745 EFTA01451227