From: David Stern

From: David Stern To: Jeffrey Epstein <jeevacation®gmail.com> Subject: Fwd: Deutsche Bahn - translation Date: Wed, 02 Mar 2011 03:57:44 +0000 Attachments: Deutsche_Bahn_strategic_equity_investment_CN_v3.pdf Chinese DB deal attached. - It has mistake so I need to send back for changes. Mistakes/inconsistencies are with numbering ! In Chinese after 1,000 comes 10,000 (yi wan), so numbers above 10,000 are expressed as 'one ten thousand"two ten thousands' etc, up to 100,000,000 Only the last page is correct, you can see for example 5 billion being written as 50 CE/E. - Two bullets are wrongly translated - Can i ask him to take out JP Morgan logo ? Begin forwarded message: From: "Slaughter, Lawrence" < Date: 1 March 2011 15:38:51 GMT To: " " gcl Subject: Fw: Deutsche Bahn - translation Here you go From: Xu, Remington R To: Slaughter, Lawrence; Clayton, Kerwin P Cc: Simonian, Diego A Sent: Tue Mar 01 14:42:03 2011 Subject: RE: Deutsche Bahn Please find both ppt and pdf version translated. From: Slaughter, Lawrence Sent: Tuesday, March 01, 2011 8:42 PM To: Xu, Remington R; Clayton, Kerwin P Cc: Simonian, Diego A Subject: Re: Deutsche Bahn I am back in London and can get you a ppt version - still helpful or too late? From: Xu, Remington R To: Slaughter, Lawrence; Clayton, Kerwin P Cc: Simonian, Diego A Sent: Mon Feb 28 09:58:15 2011 Subject: RE: Deutsche Bahn EFTA00905142 Will get someone to translate this. From: Slaughter, Lawrence Sent: Monday, February 28, 2011 5:57 PM To: Clayton, Kerwin P; Xu, Remington R Cc: Simonian, Diego A Subject: Deutsche Bahn Kerwin/Remington, Could get someone to translate this into Chinese? The due date is asap. When you have a moment let me know and I will give you an update in person. Larry From: Von Puttkamer, Noemi F To: Slaughter, Lawrence Sent: Mon Feb 28 09:53:27 2011 Subject: This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available athttplAvwwjpmorgan.cotriligges/disclosures/email. EFTA00905143