EFTA Document EFTA01969590

To: Cecile de Jongh From: Jeffrey Epstein Sent: Fri 6/21/2013 5:11:53 PM Good Afternoon Andrew, Jeffrey asked me to relay the following to you: It appears that there was an overpayment on the price by approx of $5 million as part of the Sun/MOF purchase. In addition, there is at least a $180K from the error adjustment owed with interest plus a return of leasing fees paid on leases that defaulted., after financial review . There are $4.5M in fees that have been paid out over the past six years that have allowed IGY to take almost 100% of its investment out of this investment. Additionally, this was a non-arms-length transaction between you and Jeffrey which makes the level of these fees fairly incongruous. As Jeffrey and I see this, there are three solutions to the AYH issue which would settle the matter in a fair and equitable manner and they are as follows: 1. IGY returns his investment plus interest, and he becomes simply a tenant that pays rent at fair market. 2. IGY agrees to renegotiate the Management Agreement as well as pay Jeffrey the $2.5M for the overpayment on the purchase price, half of the acquisitons fee. of $250K , the $180K error from six years ago plus interest and his share of the leasing commissions that were erroneously earned on tenants who defaulted. 3. Since IGY has already taken out all its equity, it walks away, leaves Jeffrey with the /million in cash, and he takes over ownership and management of the property. Please let us know your thoughts on the proposed solutions. With warm regards, Cecile 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 c-mail to jeevacation(dgmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00450934 EFTA01969590