<table><tr><th>From:</th><th>Richard Joslin</th></tr><tr><td>Sent:</td><td>Tuesday, May 26, 2015 1:08 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>FW: Questions of 3840 disbursements - Jan to April</td></tr><tr><td>Attachments:</td><td>UNCLASSIFIED DISEJURSEMENTS.pdf; ART EXPENSES.pdf</td></tr></table>

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From: Richard Joslin Sent: Tuesday, May 26, 2015 9:08 AM To: Melanie Spinella Subject: Questions of 3840 disbursements - Jan to April</=>

Hi Melanie:

Thanks for sending the bank statements.</=>

I attach two schedules. One is miscellaneous disburs=ments — if you could help categorize a few of the disbursements.&nbs=; The other is various art expenditures — I have questions on the sh=et.

Thanks

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Richard Joslin
CFO
Elysium Management LLC
445 Park Ave
Ste. 1401
New York, NY 10022
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