From: Richard Joslin <

From: Richard Joslin < To: Jeffrey E. <[email protected] CC: lawrence delson >, Heather Gray < Subject: RE: Unrealized HI to LO Date: Tue, 16 Sep 2014 13:54:16 +0000 Attachments: UNREALIZED NARROWS LDB ART LO TO HIGH JULY 2014.pdf I apologize, I corrected the Homage to JS Bach value in this version (last one I will send today). It is not on the appraisal and I had a formula error now fixed. From: Richard Joslin Sent: Tuesday, September 16, 2014 9:50 AM To: 'jeffrey E.' Cc: lawrence delson'; Heather Gray Subject: Unrealized HI to LO This is working draft. I added in the 2014 FMV from Sotheby's 2014 appraisal. I need to remove works that LDB say were sold, add some items that I do not have invoices for (that are on appraisal), etc. Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (c) (1) EFTA01193935