From: David Stern <

From: David Stern < 1=1==> To: Jeffrey Epstein <[email protected]> Subject: question Date: Wed, 23 Sep 2009 17:50:28 +0000 is it worth for me/us to team up with JP Morgan (or without if we can get access to clients?) to build defense strategies for US and European companies against Chinese hostile approaches/take-overs? Could there be a fee structure apart from normal advisory fees? For my current client (Permira) the advisory team is me and Morgan Stanley. MS, despite their senior China and Hong Kong team being involved, is shockingly clueless. 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: EFTA00770476