<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Friday, September 2, 2016 9:17 AM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Fwd: Apple</td></tr></table>

Richard Kahn
HBRK Associat=s Inc.
575 Lexington Avenue, 4th Floor
New York, NY 100=2

Begin forwarded message:

From: "Morgan Stanley' Date:=/b> September 2, 2016 at 3:41:23 AM EDT
To
Subject:=Apple
Reply-To:

<table><tr><th>&lt;http://www.morganstanley.com/img/cs/pacer.gif&gt;</th><th>&lt;http://www.morganstanley.com/img/cs/=pacer.gif&gt;</th></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/pacer.gif&gt;</td><td>&lt;http://www.morganstanley.com/img/cs/=pacer.gif&gt;</td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/=pacer.gif&gt;</td><td>&lt;http://www.morganstanley.com/img/cs/spacer.gif&gt;</td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/=pacer.gif&gt;
&lt;http://www-morganstanley.com/img/cs/spacer.gif&gt;</td><td>&lt;http://www.morganstanley.com/img/cs/spacer.gif&gt;</td></tr><tr><td>&lt;http://www.morganstanley.com/i=g/cs/spacer.gif&gt;</td><td></td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/spacer.g=f&gt;</td><td>Wealth management</td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/spacer.g=f&gt;</td><td></td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/spacer.g=f&gt;</td><td></td></tr><tr><td>&lt;http://www.morganstanley.com/i=g/cs/spacer.gif&gt;</td><td></td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/spacer.g=f&gt;</td><td></td></tr><tr><td>Subscription N-tification: September 2</td><td></td></tr><tr><td>&lt;http://www.morganstanley.com/i=g/cs/spacer.gif&gt;</td><td></td></tr><tr><td>&lt;http://www-morganstanley.com/img/cs/spacer.gif&gt;</td><td></td></tr><tr><td>&lt;http://www.morganstanley.com/img/cs/spacer.g=f&gt;</td><td></td></tr><tr><td>Apple &lt;http://linkback.morganstanley.com/web-sendlink/webapp/f/s2hetrj4-3pjg-g000-963e-</td><td></td></tr><tr><td>t=rd-0&amp;__gda__=1535960483_b3f09c5bfb2ab0993c3a3dbdf44d7a3e&gt;</td><td>005056028202?store=1&amp;d=Uw=SZXNIYXJjaF9Nb3JuaW5nc3RhcgAyMDE2MDgyOTA0MzAwMjMzMDEx&amp;user=dd6j9xfcm
&lt;/=1&gt;</td></tr></table>

– Morningstar

## AAPL

Click here <http://linkback.morganstanley.com/web/sendlink/=ebapp/f/s2hetrj4-3pjg-g000-963e-005056028202?store=1&d=UwBSZXNIYXj=F9Nb3JuaW5nc3RhcgAyMDE2MDgyOTA0MzAwMjMzMDEx&user=dd6j9xfcm txrd-0&=_gda_=1535960483_b3f09c5bfb2ab0993c3a3dbdf44d7a3e> to see the f=ll report.

This alert is sent from:

Andrew Atlas,

=20

You received this because you asked to be=alerted to:

APPLE INC.

Please contact your FA if you want to unsubscribe from the alert=.

Disclosures:

Please see the full report for risks, disclosures and oth=r important information.

Important disclosures regarding the relationship between the companies that a=e referenced in Morgan Stanley research and Morgan Stanley Wealth Management= research are available on the Morgan Stanley Wealth Management disclosure w=bsite at https://www.morganstanley.com/online/researchdisclosures <https://www.morganstanley.com/online/researchdisclosure=> .

Morgan Stanley Wealth Management Not Acting as Municipal Advisor Morgan Stanley Wealth Management is not acting as a municipal advisor t= any municipal entity or obligated person within the meaning of Section 15B=of the Securities Exchange Act (the "Municipal Advisor Rule") and the opini=ns or views contained herein are not intended to be, and do not constitute,=advice within the meaning of the Municipal Advisor Rule.

## Copyright

The copyright in materials provided by Morgan Stanley is owned by Morga= Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name o= Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United S=ates.

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## Copyright (cont.)

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