From: Jeffrey Epstein <[email protected]>

From: Jeffrey Epstein <[email protected]> To: David Mitchell. Subject: Re: FW: 21 E. 26th St - 2-24-12 Date: Fri, 24 Feb 2012 18:12:27 +0000 do you think a 10 million dolloar penthouse sells there? please break out my invesment and returns as per your chart. On Fri, Feb 24, 2012 at 10:48 AM, David Mitchell < > wrote: Dear Jeffery, Please find 4 pages that briefly describes the below First page is the current plan Second page is the cost and projection for finishing out the units and selling them Third page is the Waterfall (you have $250,000 in the Class A investment and 30% of AdvanceStar,) Fourth page is the Org Chart for more clarity Tried to give you a snapshot but not leave anything out that is relevant Please call me if you should have questions, David, DAVID MITCHELL Mitchell Holdings LLC 815 FIFTH AVENUE New York NY 10065 USA 1212-486-4444 o 1212-588-0286 f EFTA00929978 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 Jeffrey Epstein 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 EFTA00929979