From: David Stern

From: David Stern To: Jeffrey Epstein <[email protected]> Subject: Fwd: Offer letter Date: Tue, 23 Mar 2010 11:03:16 +0000 Attachments: Ltr - L Roberts to D Stem (Clean RJ) 180310 (2) (2).docx THANK YOU !! Begin forwarded message: From: "Jacobs, Rachel" < Date: 19 March 2010 12:46:40 GMT To: Cc: "Roberts, Lindse Subject: Offer letter David I attach a redraft of the offer for your consideration. > "Burton, John" I have added the wording in relation to tax advice etc. In relation to the market coupon on the $16m, we have indicated that this will be at a discount at the rate that would be offered by a private equity house but it is difficult at this stage to specify what that will be. Lets discuss on our call at 2.00 pm today. Best Rachel Rachel Jacobs General Counsel UK Tel: Fax: Mobile: email: website: www.informa.com Registered in England under number The information contained in this email message may be confidential. If you are not the intended recipient, any use, interference with, disclosure or copying of this material is unauthorised and prohibited. Although this message and any attachments are believed to be free of viruses, no responsibility is accepted by Informa for any loss or damage arising in any way from receipt or use thereof. Messages to and from the company are monitored for operational reasons and in accordance with lawful business practices. If you have received this message in error, please notify us by return and delete the message and any attachments. Further enquiries/returns can be sent to EFTA00761616 This message is confidential. It may also be privileged or otherwise protected by work product immunity or other legal rules. If you have received it by mistake please let us know by reply and then delete it from your system; you should not copy the message or disclose its contents to anyone. Opinions, conclusions and other information in this message that do not relate to the official business of Asia Gateway Ltd. shall be understood as neither given nor endorsed by it. Asia Gateway Ltd. Michelin House 81 Fulham Road London SW3 6RD UK Tel: Fax: EFTA00761617