<table><tr><th>From:</th><th>Brad Wechsler</th></tr><tr><td>Sent:</td><td>Sunday, March 29, 2015 4:55 PM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

Different q: With the art partnership you are putting together a structure that enables leon to make many decisions with respect to purchasing and selling art.

1. If we end up contributing "non-art" investments to the partnership can we also have leon make "investment" decisions on non-art investments/assets?

2. If we wanted to keep the art pshp focused on art only, cld we set up a similar partnership for non-art investments

where leon was a designated and appropriate investment advisor?

Just some thgts?

Sent from my Verizon Wireless BlackBerry

From: Jeffrey E. <jeevacation@gmail.com>
Date: Sun, 29 Mar 2015 12:35:48 -0400
To: Brad Wechsler
Subject: Re:

a good question to be answered after all the info is in

On Sun, Mar 29, 2015 at 12:34 PM, Brad Wechsler rote:

Jeffrey-as you know I am trying clean up the records and administration of all the inter-entity notes. Historically, the notes have been either written with interest "compounded annually" or "paid annually". I would like to put all the notes on annual cash pay and clean up (retire) some of the smaller notes.

First, any problem in going to cash pay on interest. Seems prudent, correct? B Sent from my Verizon Wireless BlackBerry

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