From: Richard Joslin

From: Richard Joslin To: jeffrey E. CC: lawrence delson art Subject: LDB/ Narrows art - unrealized Date: Tue, 27 May 2014 17:14:11 +0000 Attachments: UNREALIZED_-_PARTIAL_AND_OR_PLEDGED_TO_CHARITY_- _NARROWS_AND_LDB.pdf; UNREALIZED_-_UNDIVIDED_INTEREST_- _NARROWS_AND_LDB.pdf Attached are two schedules of art held by Narrows/LOB. One schedule shows items pledged to charity and items held as divided interest (not pledged to charity). The other schedule shows the art held as undivided interest from largest gain to largest loss. The Braque item listed first needs to have cost checked; there are two items by Braque with same name — one is pledged to Met and the other is not. Cost includes sales tax and legal fees. A comprehensive review of capitalized cost has not been completed. Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (646) 589-0305 (c) (f) 646) EFTA01204111