EFTA02687413

From: Richard Joslin Sent: Sunday, April 5, 2015 9:26 PM To: Brad Wechsler; jeffrey E. Subject: BLACK tax projections Attachments: Leon Black 2014 Founders Estimate 12.pdf; Leon BLACK MAR 27 2015.pdh, BLACK PROJECTION FY 2014 MAR 27 2015 TO ALAN.xlsx The files attached wer= sent to Alan D. and to Tom T. Tom T. signed off on the projec=ion. His comments pertain to how much to pay April 15 to ensure valid exte=sion and not overpay Ct1 2015 estimated tax (paid with extension payment). Alternative Minimum Ta= both years so I did not put in real estate tax or 2013 state income=tax deductions. Foreign tax credit not considered (additional cushio= — Apollo did not provide) Excel file has summary and detail, eg taxes paid, ch=rity, outside K-ls — not formatted for=printing. Adobe file has BNA sof=ware projection FY 2014 and 2015) Adobe file has Apollo 2014 tax items and projected 2=15 tax items (prepared by Apollo) Please call to discuss=on Monday — I can walk you thru. Richard Joslin CFO Elysium Management LLC New York, NY 10022 (w) (c) (f) 1 EFTA_R1_02015020 EFTA02687413 2 EFTA_R1_02015021 EFTA02687414