<table><tr><th>From:</th><th>Barrett, Paul S</th></tr><tr><td>Sent:</td><td>Monday, June 10, 2013 3:02 PM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Cc:</td><td>Barrett Pod</td></tr><tr><td>Subject:</td><td>RE:</td></tr></table>

On USDJPY we have been doing the following options strategy:

&=bsp; 3 mo=ths

=nbsp; Buy 100/105 JPY Put spread

-=span style="font:7.0pt "Times New Roman""> =nbsp; Sell 97.50 JPY call with an at expiry knock in=at 94.75.

Separately we should buy some GOOG following =he pull back. Stock is at 887. Was thinking $500K.<=span>

&n=sp;

Also need to discuss our large cash balance.

=0A

=

=0A

Paul Barrett | Managing Director | Global Investment Opportunities Group=| J.P. Morgan Private Bank |

=p class="MsoNormal" style="line-height:12.0pt;text-autospace:none"><pan style="font-size:8.0pt;font-family:"Verdana","sans-=erif";color:#5F5F5F">320 Park Avenue, 14th Floor, New York= NY 10022
=MLS ID# 853441

<= class="MsoNormal">From: Jeffr=y Epstein [mailto:jeevacation@gmail.com]
Sent: Sun=ay, June 09, 2013 5:07 AM
To: Barrett, Paul S
=ubject:

yen?

=0D --

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