From: Harry Beller

From: Harry Beller To: Jeffrey Epstein <[email protected]> Subject: Fwd: RESPONSE REQUIRED - 2012 Fortress Value Recovery Fund I LLC Composite Return Elections & New York State Withholding Exemption Certificate Date: Mon, 28 Jan 2013 16:55:01 +0000 Jeffrey In the past pursuant to George Delson, Jeepers Inc., Never elected to be included in the composite state tax return filing. He was concerned that by being included in the composite filings we may incur NYS residency issues. In the past you did not want to be included in the composite filings and instructed me NOT to respond to the email regarding our election not to be included. Should I again not respond to this email. Thanks Harry Begin forwarded message: From: Fortress VRF Investor Relations < Date: January 25, 2013 2:54:23 PM EST To: "I Subject: RESPONSE REQUIRED - 2012 Fortress Value Recovery Fund I LLC Composite Return Elections & New York State Withholding Exemption Certificate Dear Investor, This email pertains to your investment in Fortress Value Recovery Fund I LLC ("the Fund"). Its purpose is to alert you to potential state income tax filings since the Fund expects to file state tax returns in multiple jurisdictions, and to report state source income in those jurisdictions. As an investor, you may be eligible to elect and participate in a state composite tax return. If you are eligible and choose to participate in the composite returns, please click on the link below to make your composite elections. If you do not wish to participate in the composite tax returns, please click on the link below and select "I do not elect to participate in composite tax returns for this Fund". https://compositetax.fortress.com/main.aspx?id=VRFP8PX6SP Please note that Microsoft Internet Explorer® or similar browser software and a PDF reader (e.g., Adobe@Reader@) are required to access, print and retain the Composite Return Election Form. Please be advised that the website is best viewed using Microsoft Internet Explorer® version 6 or later. Upon completion of your submission, please print sign and return your system generated Composite Return Election Form by mail to Nicole Higgins at 1345 Avenue of the Americas, 47th Floor, New York, NY 10105, by February 28th, 2013. EFTA00700899 Please note, in order to timely file and remit the proper state tax payments we cannot accept submissions or changes after February 28th, 2013. Please do not hesitate to contact Nicole Higgins at (212) 515-7790 or Eva So at (212) 515-7789 with any questions. Fortress VRF Advisors I LLC Fortress VRF Investor Relations Fortress Investment Grou • EFTA00700900