EFTA02418828

To: jeevacation©gmail.comfleevacation©gmail.com] From: Jes Staley Sent Thur 10/7/2010 10:59:41 AM Subject: Fw: Zanaga iron ore mine, Congo Brazzaville Fyi From: Jes Stale To: 4:1 > Sent: Thu Oct 07 06:57:28 2010 Subject: Re: Zanaga iron ore mine, Congo Brazzaville I will find out. Sounds interesting. Hope u are well. Jes From: PETER MANDELSON To: Jes Staley Sent: Thu Oct 07 06:24:02 2010 Subject: Zanaga iron ore mine, Congo Brazzaville Dear Jes, In Congo Brazzaville last week, I talked at length with President Sassou Ntuesso, including about the above new mine. Exploration, he told me, has been undertaken by a consortium of investors backed by JP Morgan. The government is reaching a final decision on whether to issue a full mining licence. I spoke to the Minister of Mines about this, who is favourable to the licence, but the President wanted to discuss it further with me. No obligation but if there is anyone in JPM who might want to talk to me privately about this, please shout. I would be grateful for no approaches to other third parties about this in meantime. Hope you are well. Sony not to see you in London this week. Best Peter 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://v.ww.jpmorgan.com/pages/disclosures/email. EFTA_R1_01484338 EFTA02418828