From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: "TOBIANO, Cynthia" Subject: Re: rockefeller Date: Thu, 14 Apr 2016 12:41:14 +0000 looks like the result of emplyees having the right to sell back their shares On Thu, Apr 14, 2016 at 6:21 AM, TOBIANO, Cynthia < > wrote: Very Maybe management tying to sell better picture to trust limiting chge of control risk? Envoye de mon smartphone BlackBeny 10 sur le reseau SFR. De: jeffrey E. Envoye: jeudi 14 avril 2016 12:20 A: TOBIANO, Cynthia Objet: Re: rockefeller or transfer or interests.. strange the recovery of a deferred tax asset? 2016-04-14 6:19 GMT-04:00 TOBIANO, Cynthia :math° Like selling?! Like the accounts >>: Envoye de mon smartphone BlackBeny 10 sur le reseau SFR. De: jeffrey E. Envoye: jeudi 14 avril 2016 12:16 A: A. de Rothschild; TOBIANO, Cynthia Objet: rockefeller note the valuation was complete I 23 2016. ? 3 months ago . - strange tax asset ? . it says enterprise value around 115 plus 75 in working capital? . long term arrangements made with sold subs. 5 year committments. unsure of real aum . slippery classifications. . the valuation looks as if were done for a different purpose. please note 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 WE 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]<[email protected]> <[email protected]<[email protected]>>, and destroy this communication and all copies thereof, EFTA00829412 including all attachments. copyright -all rights reserved Ensemble adoptons des gestes responsables : N'imprimez ce mail que si nécessaire. Ce message et ses annexes sont strictement confidentiels et établis à l'attention exclusive des destinataires prévus par l'expéditeur. Si vous n'êtes pas le destinataire de ce message, nous vous remercions de le détruire immédiatement et d'en avertir l'expéditeur. Toute utilisation ou diffusion non autorisée de ce message et de ses annexes est interdite. Tout message électronique est susceptible d'altération et son intégrité ne peut être assurée. Edmond de Rothschild (France) ne pourra être tenu pour responsable des erreurs ou omissions contenues dans ce message. Ce message ne constitue en aucun cas un engagement de Edmond de Rothschild (France), sous réserve de tout accord par écrit entre vous et Edmond de Rothschild (France). Conformément à la Loi Informatique et Libertés, n°78-17 du 6 juillet 1978, modifiée par la loi n°2004-801 du 6 août 2004, toute personne a le droit d'interroger Edmond de Rothschild (France) en vue de savoir si les traitements automatisés dont il dispose contiennent des informations nominatives la concernant, les faire rectifier ou les faire supprimer. Français <http://medianet.edmond-de-rothschild.friedr/disclaimer/disclaimerfr.html> I English <http://medianet.edmond-de-rothschild.friedr/disclaimer/disclaimer_en.html> I Italiano <http://medianet.edmond-de-rothschild.friedr/disclaimer/disclaimer_it.html> I Deutsch <http://medianet.edmond-de-rothschild.fr/edr/disclaimer/disclaimer_de.html> I Espafiol <http://medianet.edmond-de-rothschild.friedr/disclaimer/disclaimer_es.html> I Chinese <http://medianct.edmond-de-rothschi Id. fr/edr/disc I a imer/d sclaimer_cn.html> Edmond de Rothschild (France) - tous droits réservés please note 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 JEE 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 jeevacation®gmail.conailto:jeevacation®gmail.corn>, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00829413 please note 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 JEE 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 EFTA00829414