EFTA02681961

From: David Stem <cMi lla> Sent: Sunday, January 26, 2014 6:08 PM To: Jeffrey Epstein Subject: DRAFT !! Attachments: AG Data Room Index 2013.xlsx; Untitled attachment 00065.htm Erez, I note the following =acts: - you failed to send me a formal =otification of the points you stated on our call of 22nd January 2014 =nbsp;despite you agreeing to do this. - =n our call on 21st January 2014 you claimed that Heritage was not aware =f the RMB 1 million contract size and stated this as reason for not =roceeding with closing, even though closing conditions were fulfilled =fter your the formal ahead in writing. Your were wrong with that point. =ull written evidence was presented to you in my email to you dated 21st =anuary 2014. - On our called dated 22nd =anuary 2014 you suddenly changed your tune and stated that the RMB 1 =illion is not the reason (as stated to me the day before) and instead =ou made the statement "the totality of the deal has changed". I kindly =sked you about the meaning of this phrase. You could not explain it. =hen pushing you for a single example you stated that the "revenue =xpectations" were not met. This is complete non-sense. The business has =ulfilled all its obligations and is spot on as per the budget and plan. =his exact budget and plan was first supplied on 22 July 2013 to =eritage and was also shared with the Heritage legal and tax advisors =Michael Kelcy < " < ) on 23 July =013 via the data room. Refer to the email =elow. Your behaviour is highly unprofessional =nd it puzzles me how you soil the name of Dr. Merkin, a man with a =tellar reputation and highest =ntegrity. David From: Adam Goldston =Ita Subject: FW: NDA Date: 23 July 2013 =2:00:04 GMT+01:00 To: " ' cabli gmma Cc: Michael Kelcy =1t; >, > mailto > " 1 EFTA_R1_01994397 EFTA02681961 From: David Stern rmailtoliMIIIIIMOPM, Sent: Tuesday, July 23, 2013 =2:14 PM To: Adam =oldston Subject: Re: =DA 1. CMDS Informa: all =elating to the deal with Informa plc, including loan note subscription =greement and data license 2. CDMS Hong Kong: the holding company with the files =elating to duly filed documents with the HK Companies =egistrar 3. AG Beijing - the 100 =aughter of CMDS HK. All items of the main operating business, mostly in =hinese. See attached Excel re AG Beijing and AG Chengdu folders for =our orientation. 4. AG Chengdu = the 100% subsidiary of AG Beijing. For some reason it happened before that folder 1. CMDS =nforma files could not be opened. If this happens just let me know and = send you a link to access this folder on =ropbox. Fully =xecuted attached. I have a draft of the term sheet =ut it has holes in it. Can I get access to the data room? I hope that =nswers most of my questions and enables me to complete the draft. If =ot, I'll revert with =uestions. Thanks. From: mailto: Sent: Tuesday, July 23, 2013 =:02 AM To: Adam =oldston Subject: Re: =DA Many thanks, please find signed copy =ttached All the =est Thanks. From: David Stern =mailto: Sent: Monday, July 22, 2013 =:15 PM To: Adam =oldston Subject: Re: =/div> Adam, Please see attached the NDA with three =hanges. Thank =ou Attached please find an =DA. Thank =ou. «mailto:a> Dr. Merkin wants to move the =eeting to 11am. Does that work? Please call my mobile phone when you =re =vailable. <mai t o : Sorry for typos, strict =tewardess is telling me off not to use phone so typing is =ricky... 2 EFTA_R1_01994398 EFTA02681962 From: Adam Goldston < < <mailto EMMINIMIM > Subject: Noon Pacific =orks Thanks >; Richard Merkin M =< Date: Wed, 17 Jul 2013 13:36:08 =0700 <=iv style="margin-top: Oin; margin-right: Oin; margin-left: Oin; =argin-bottom: 0.0001pt; font-size: 12pt; font- family: 'Times New =oman', serif; ">To: David Sternfl Cc: Adam Goldston (Subject: David, Adam is CCd on this =mail. Thanks. =/div> <AG Heritage =DA.doc> 3 EFTA_R1_01994399 EFTA02681963