From: "Barrett, Paul S"

From: "Barrett, Paul S" To: Jeffrey Epstein <[email protected]> CC: "Ens, Amanda" Subject: RE: Date: Tue, 05 Feb 2013 20:35:28 +0000 OK I did send some last week (see below). Are these strikes wide enough? Jeffrey These strikes are fairly wide — roughly $20 wide either side of spot. We had traded prior options based on 100,000 bbls per maturity. Buy call / sell put / cashless Contract Option Expiry Reference Rate Put strike Call Strike July13 0Jun2013 113.50 94.00 133.50 Aug13 1JJul2013 112.75 92.00 133.50 Paul Barrett I Managing Director I Global Investment Opportunities Group 13.P. Morgan Private Bank 320 Park Avenue, le Floor, New York, NY 10022 I T: ID# 853441 From: Jeffrey Epstein ([email protected]] Sent: Tuesday, February 05, 2013 3:31 PM To: Barrett, Paul S Subject: lets look at a variety of oil cashless spreads. 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved NMLS EFTA00692763 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.comMagesedisclosurestemail. EFTA00692764