From: David Stern al=I==>

From: David Stern al=I==> To: Jeffrey Epstein •t: III > Subject: Date: Wed, 15 Sep 2010 18:51:03 +0000 Summary , Tim Collins said: - Spoke to Lenny Fisher - Idea 1: KB working with Chinese investor to acquire stake in Munich Re - Idea 2: KB is now putting together a specialised team Investment in European distressed banks ("banks that need capital") Working with a few high profile Investors, Chinese can be part of this KB can go to China with us in a couple of weeks to present this They can approach CIC (sovereign wealth fund) alone but still good idea to explore together and maybe others like China Life - What is the way of working with us? The two ideas can be an experiment, what is the larger agenda? - Ready to meet in 2 - 3 weeks to discuss EFTA00756849