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To: jeevacationttvmail.com[[email protected]]; Jeffrey Epstein[[email protected]] From: Paul S Barrett Sent: Thur 12/9/2010 4:34:56 PM Subject: RE: Oil oil option now bid at $45,000 Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) From: Jeffrey Epstein [mailto:[email protected]] Sent: Thursday, December 09, 2010 11:31 AM To: Paul S Barrett Subject: Re: Oil should i have watched mysefIll this is ridiculous On Thu, Dec 9, 2010 at 11:30 AM, Paul S Barrett $30,000 — S 1 19,001) Paul Barrett, CFA Managing Director wrote: EFTA_R1_00496207 EFTA02000020 Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) From: Jeffrey Epstein [[email protected] Sent: Thursday, December 09, 2010 11:27 AM To: Paul S Barrett Subject: Re: Oil no the range of the calls On Thu, Dec 9, 2010 at 11:25 AM, Paul S Barrett 90.85 on the Th of Dec Range has been RO — 90.85 over the past 30days Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) wrote: From: Jeffrey Epstein Imailto:jeevacation(aemail.com I Sent: Thursday, December 09, 2010 11:23 AM EFTA_R1_00496208 EFTA02000021 To: Paul S Barrett Subject: Re: Oil how high did it get in the past two weeks„ On Thu, Dec 9, 2010 at 11:06 AM, Paul S Barrett a wrote: We can sell the 90 oil call that expires next week for 30,000. Was cashless upfront. New risk reversal would be: Aug,20I I contract I09 can 81.25 Put Or 105 Call 77.25 Put Both cashless I like the 1" strategy Paul Barrett, CFA EFTA_R1_00496209 EFTA02000022 Managing Director Global Investment Opportunities Group WMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at hup://wwwjpmorgan.com/pages/disclogires email. The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to ieevacation n gmail.com, and destroy this communication and all copies thereof, including all attachments. This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http \1/2 ipMergan.COM/PageS/diSCIOSUreVernall. ***ItAR4R4R4RAlt***$RRRRRRRRRRRRRRXRRR£RRRRRRRRRRRRRRRRRRRRRR The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of EFTA_R1_00496210 EFTA02000023 Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://www.jpmorgan.com/panes/disclosures/cmail. The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to ice% [email protected], and destroy this communication and all copies thereof, including all attachments. EFTA R1_00490211 EFTA02000024