EFTA02500048

From: jeffrey E. <[email protected]> Sent: Monday, June 8, 2015 8:35 PM To: Richard Kahn Subject: Re: Fortress Value Recovery Fund I LLC - Investor Communication no On Mon, Jun 8, 2015 at 4:29 PM, Richard Kahn wrote: Jeepers has received a 244,778.23 dist=ibution from Fortress Value Recovery Fund Per backstop agreement=money must be delivered to Dubin within 5 business days and once 4,375,302=is paid back to Dubin Jeepers will then receive 100% of distributions from=Fortress Fund Attached 0.1 summary shows that as o= 3-31-2015 Fortress Value Recovery Fund had a Net Asset Value of 86,000,00= It appears unrealistic that Jeepers will receive any additional=funds as their ownership % of fund is 1.112996% =div> Summary to date: funds receive= from dubin 10.6.2014 4,375=302 distribution and payment to dubin 11-12-2014 (222,549) distribution and pay=ent to dubin 12-31-2014 (166,=11) distribution 6-8-2015 (244,778)</=> balance due to dubin before jeepers recei=es $ 3,741,064 =/div> please advise if ok to send dubin 244,778 Jeepers=just received thank you =div> Richard Kahn HBRK Associates Inc. New York, NY 10022 EFTA_R1_01626815 EFTA02500048 Begin forwarded message: From: Fortress VRF Investor Relations =/div> • = =" - - - ' ica Neue',Helv=tica,sans- serif" <MMIN NIMa Cc: <=b>"Jeanne Brennan )" <[email protected]> </=pan> Subject: </=>Fortress Value Recovery Fund I LLC - Distrib=tion D=te: June 3, 2015 at 11:50:05 AM EDT =/span> Ri=hard, Please note a Fortress Value Recovery Fun= I LLC (the "Fund") cash distribution with respect to the =nterest in the Fund held by Glenn Dubin will be wired on June 4, 2015 in t=e below amount. The distribution is effective May 1, 2015. Pur=uant to the Assignment of Economic Interest Agreement dated as of August 1= 2011 between Glenn Dubin and Jeepers, Inc., the amount will be distribute= to Jeepers, Inc. in accordance with its wire instructions on file w=th the Fund. Glenn Dubin: $244,778.34 wired to =eepers Inc., Bank of New York =span style="font-size:lOptfont-family:Arial,sans-serir>Please contact =icole Higgins at <tel:%28212%29%20515.7790> with any questions.</=pan> =C240 Thank you, Fortress VRF Advisors I L=C Fortress VRF Investor Relations=/span> Fortress Investment Group 1345 Avenue of the A=ericas New Yo = =a href =br> 2 EFTA_R1_01626816 EFTA02500049 Begin forwarded message: <=iv st le="mar in-to :0 x;mar in-ri ht:0 x;mar in-bottom:0 x;margin-left:=px">From: Fortress V=F Investor Relation To: Fortress VRF Investor Relati=ns =b>Subject: Fortress Value Recovery Fund I LLC - Inv=stor Communication Fortress VRF Investor Relations Fortress Investment Group<=p> 1345 Avenue of the Americas<=u> New York, NY 10105=/u> </=iv> =C240 please note The information contained in t=is communication is confidential, may be attorney-client privileged, ma= constitute inside information, and is intended only for the use of =he addressee. It is the property of JEE Unauthorized use, disclosure=or copying of this communication or any part thereof is strictly prohib=ted and may be unlawful. If you have received this communication in =rror, please notify us immediately by return e-mail or by e-mail to [email protected]=m, and destroy this communication and all copies thereof, includ=ng all attachments. copyright -all rights reserved 3 EFTA_R1_01626817 EFTA02500050