EFTA Document EFTA02174316

To: From: Sent Fri 2/24/2012 5:06:37 PM Subject: Jeffrey Epstein Melanie, can you please forward or print the below for leon and ask if he has any interest? Jeffrey is wondering and would like to know! Thanks, From: "Nicholas L.Ribis" Date: February 13../IP/I. To: "Jeffrey Epstein" <jeevacation®gmail.com> Jeffrey — recent public reports indicated that Caesars intends to auction 10 or more of their smaller regional casinos to focus on larger jurisdiction casinos, foreign properties and substantial debt reduction — my idea is to have Caesars spin off the properties to a company controlled by me for a higher purchase price by allocating a substantial amount of Caesar current debt( thereby reducing Caesars overall debt load ) and having a higher multiple on ebitda from those casinos than Caesars would achieve in an auction process — this would allow Caesars to quickly announce a sale of these properties at a very high price to a licensed entity without having licensing or financial outs in contract to sell the properties—I thought this was an interesting idea for Leon what do u think — call me -- Nick *********************************************************** 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, EFTA_R1_00859686 EFTA02174316 including all attachments. copyright -all rights reserved EFTA_R1_00859687 EFTA02174317