EFTA Document EFTA02020741

To: jeevacationepgmaitcompeevacation@gmaiLcom]; Jeffrey Epsteinbeevacation©gmaii.com] From: Ssulayem Sent Thur 4/7/2011 6:25:20 PM Subject Fwd: Letter of Intent Dear Jeffrey How do I respond to this person as what he asked unheard of in today's business I will be in ny on 20 th Begin forwarded message: From: Ajmal Khan Date: 5 April 2011 11:10:15 AM PDT To: SsuktycallinillM Subject: RE: Letter of intent Dear Sultan We have run all scenarios based on your 3 suggestions, what works for us would be to fund DH 600 million as a preferred, providing us a 30%+ IRR and a separate arrangement for bringing in the Brand and Management of the Royal Amwaj and Ocean along with an arrangement for Fractional sale of the Apartments in both the Royal Amwaj and Oceana. All the Best my friend Ajmal ----Original Message From: Ssulayem [mailto Sent: Thursday, March 31, 2011 8:03 AM To: Ajmal Khan Subject: Letter of intent Dear Ajmal There are three scenarios for us: I- Guggenheim consortium finances us with DH 600 million for 20%+ IRR 2- Guggenheim consortium purchases 50% of seven tides for $600 million after due diligence. 3- Guggenheim consortium refinances all the debt of seventides Which is $3.2 billion Please let me know so we can finalize today the letter of intent accordingly Yours Sultan EFTA_R1_00526255 EFTA02020741 Sent from my iPhone EFTA_R1_00528256 EFTA02020742