KIRKLAND & ELLIS LLP

KIRKLAND & ELLIS LLP AND NHUATED PARTNERSHIPS 601 Lexington Avenue Now York. New York 10022 Jay P. Lefkowitz, P.C. To all Writer D' y: Facsimile: wvAv.lurkland.com Dir. Fax: (212)446-6460 July 21, 2011 VIA HAND DELIVERY & FED EX Joshua Sussman VP, General Counsel, Programming IAC/InterActiveCorp 555 West 18th Street New York, NY 10011 Re: Jeffrey Epstein Dear Josh, I understand that one of your reporters is working on another story about Jeffrey Esptein and has traveled to the Virgin Islands to interview various people. [Darren — I am not sure what Jeffrey is hearing about what's happening in the Virgin Islands, so please draft a sentence or two that would go here[ Based on some of the prior coverage of Mr. Epstein in your publications, I am very concerned that any forthcoming article may contain inaccurate and libelous information about Mr. Epstein. We ask you to conduct a careful review of any article about Mr. Epstein in advance of publication for the purpose of determining whether the facts are accurate. As you know, Mr. Epstein has completed his state sentence for events that occurred over five years ago. There have been no allegations of any improper conduct since the fall of 2005. Mr. Epstein has now returned to his life as a philanthropist and financial advisor. We would be pleased to meet with you to discuss these matters in order to avoid any further harm to Mr. Epstein, and we would be pleased to check and/or correct any facts about Mr. Epstein in advance of publication. We request that Newsweek and the Daily Beast treat the issues raised in this letter with the seriousness that Mr. Epstein deserves and that you owe to the public as a responsible journalistic enterprise. Sincerely, Jay P. Lefkowtiz Chicago Hong Kong London Los Angeles Munich Palo Alto San Francisco Shanghai Washington. D.C. EFTA01108385 KIRKLAND & ELLIS LLP Mr. Joshua Sussman June 29, 2011 Page 2 JUkla EFTA01108386