NARROWS/LDB FINE ART

NARROWS/LDB FINE ART PLEDGED TO PARTIAL OW HELD Ihi CHARITY NERSHIP RP JULY 2014 SOTHEBY'S VALUATION Item Description Total Paid (in USD) Sothebys Appraised Value (July 2014) Fair Value (% Ownership) or Cost (if not on Appraisal) Fair Value Less Total Paid IF PROMISED (PLEDGED) GIFT, OWNERSHIP NAME OF DONEE 0/0 INSTITUTION A Moorish Nobleman C 170,340 300,000 300,000 129,660 100% National Gallery Was Homage to J.S. Bacht (48% interest) 13,005,000 6,242,400 (6,762,600) 48% MoMA Untitled (from the series The Raft of the Medusa) t 3,819,135 2,500,000 2,500,000 (1,319,135) 100% MoMA La table (Still Life with a Fan)t (50% interest) 2,871,938 5,500,000 2,750,000 (121,938) 50% MoMA Sentinel * (66.66% Interest) 2,461,667 8,000,000 5,333,333 2,871,667 67% MoMA Torqued Ellipse IVt (75% interest) 1,016,750 12,500,000 6,250,000 5,233,250 50% MoMA The Angel Gabriel for an Annunciation* (44.22% in 3,251,250 6,800,000 3,006,960 (244,290) 44% Met The Triumph of Pompey: (50% interest) 212,462 400,000 200,000 (12,462) 50% Met The Artist's Portfolio, Pont Aven (50% interest) 724,000 362,000 (362,000) 50% Met Seated Male Nude (Study for the Martyrdom of Sair 2,172,500 4,000,000 2,000,000 (172,500) 50% Met Virgil Reading the Aeneid to Augustus, Livia, and O 650,250 1,500,000 600,000 (50,250) 40% Met Recto: Deux totes d'orientaux (The Heads of Two 1 275,000 250,000 250,000 (25,000) 100% Met Aprtis le bain 5 (Leaving the Bath) (Seated Bather) 210,000 200,000 200,000 (10,000) 100% Met Louis de Lorraine-guise, Prince de Phalsbourg, in A 287,390 600,000 300,000 12,610 50% Met The Bearer of the Banner of the Canton Glarus* (5Q 515,969 1,500,000 750,000 234,031 50% Met View of the Island of Rugen with a Shepard and his I 375,000 1,500,000 750,000 375,000 50% Met Landscape with a Farm Building* (50% interest) 135,313 1,250,000 625,000 489,687 50% Met Studies for Hercules Holding a Club Seen in Fronta 333,179 2,000,000 1,000,000 666,821 50% Met 32,487,142 33,419,693 932,551 18.00 Berliner Strassenszene and %time: a double-sided 19,048,000 45,000,000 22,500,000 50% 3,452,000 Selbstbildnis mit Horn (Self Portrait with Horn) tt 11,278,398 42,500,000 21,250,000 9,971,602 50% Stehendes Madchen, Karyatide tt (50% interest) 1,349,076 3,000,000 1,500,000 150,924 50% PLEDGED TO MOM 31,675,474 45,250,000 13,574,526 300% I 100% PENT S CORP Seascape: Folkstone 14,841,731 100,000,000 80,000,000 85,158,269 TOTAL 79.004.348 158,669,693 99,665,346 100% EFTA01146295