From: Jeffrey Epstein <[email protected]>

From: Jeffrey Epstein <[email protected]> To: Tazia Smith Subject: Re: WTI 101/93.50 zero cost collar [C] Date: Tue, 18 Mar 2014 13:55:40 +0000 Inline-Images: unnamed thanks On Tue, Mar 18, 2014 at 6:50 AM, Tazia Smith < Classification: Confidential > wrote: Jeffrey - Your Jun14 WTI 101/93.50 risk reversal currently marking ($0.32)/bbl, down $32,000 on your position. 1-Month Price History Jun14 WTI (CLM4) CLM4 97.29 +.34 'it_ . i97.28 /97.29_ At 9:02 d Vol 8119 Op 96.80 Hi 97.31 1 2 e. 96.95 Lo 96.65 OpenInt 200854 5'1 Save As - 97) Wit 98 Table 001,1B Comfit - - tine Chart ;tor IS CO -LEI JIMIIIIMEMIP - :,---- - - ISIMISI ellgpla" 1D 3D . 1I4 6M YTD 1Y SY Max 30 Min Y . :•X Security/Study 4 Malt O I I I I I I+ YraCIC A AllhOtat§ — News Zoom 1 1 1 I I I I 1 1 1 1 - ' I I I 1 ( 1 1 1 1 1 1 1 1 1 1 1 1 103.00 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 102.00 I I I I I I I I I I I 1 101.00 4. I I I. f f 1 1 100.00 I I 1 I I I 1 99.00 • Last Price 97.29 T High on 03/03 10:30 103.36 1 98.00 -0- Average 99.92 1 Low on 03/17 13:00 96.66 1 I !' 97.29 7/.VV • Prey Close 100.30 19 20 21 24 25 26 27 28 03 04 05 06 07 10 11 12 13 14 17 18 Feb 2014 Mar 2014 Used with permission of Bloomberg Finance LP From: Tazia Smithiclbrdbcom To: lelfrey epstein" <[email protected]>. Cc: "Paul Nina Sahni" Gupta" c: rm Vahe Ste avian . "Jean Anne Wiebracht (Jeanie)" , "Rich Kahn" > Date: 03/13/2014 06:01 PM Subject: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal (C) EFTA01191985 Classification: Confidential Jeffrey - As discussed, today you executed the following: Underlying: Jun14 WTI Bloomberg code: CLM4 <comdty> RMS Counterparty code: SOFL SOFL buys $101 call SOFL sells $93.5 put Premium: Zero Notional: 100,000 bbls on each leg Both legs knock out if on any day CLM4 fixes below $20/bbl. Initial Margin = 13% Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 Tel: (212) 454-2889 Mobile: (917) 318-4852 Fax: (646) 257-3131 E-mail: This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. EFTA01191986 Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. 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 EFTA01191987