<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Monday, June 8, 2015 8:29 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: Fortress Value Recovery Fund I LLC - Investor Communication</td></tr><tr><td>Attachments:</td><td>VRF LLC Letter 2015 03.pdf</td></tr></table>

Jeepers has received a 244,778.23 distribution from Fortress =alue Recovery Fund Per backstop agreement money =ust be delivered to Dubin within 5 business days and once 4,375,302 is =aid back to Dubin Jeepers will then receive 100% of distributions from =ortress Fund

Attached O1 summary shows that as of 3-31-2015 Fortress Value =ecovery Fund had a Net Asset Value of 86,000,000 It =ppears unrealistic that Jeepers will receive any additional funds as =heir ownership % of fund is 1.112996%

Summary to date:

funds received from dubin 10-6-2014 =/span>4,375,302 distribution and payment to dubin =1-12-2014 =/span>(222,549) distribution and =ayment to dubin 12-31-2014 (166,911) distribution 6-8-2015 =/span> =(244,778)

balance due to dubin before jeepers =eceives $ =/span>3,741,064

please advise if ok to =end dubin 244,778 Jeepers just received thank =ou

Richard Kahn

Begin forwarded message:

From: Fortress VRF Investor Relations

To: "richardkahn12@gmail.com

Cc: "Jeanne Brennan

Subject: Fortress Value Recovery Fund I LLC = Distribution

Date: June 3, 2015 at 11:50:05 AM EDT

Richard,

Please note a Fortress Value Recovery Fund I LLC (the =E2 Fund") cash distribution with respect to the interest =n the Fund held by Glenn Dubin will be wired on June 4, 2015 in the =elow amount. The distribution is effective May 1, 2015. =ursuant to the Assignment of Economic Interest Agreement dated as of =ugust 1, 2011 between Glenn Dubin and Jeepers, Inc., the amount will be =istributed to Jeepers, Inc. in accordance with its wire =nstructions on file with the Fund.

Glenn Dubin: $244,778.34 wired to Jeepers Inc., Bank =f New York

Please contact Nicole Higgins at (212) 515-7790 with any =uestions.

Thank you,

Fortress VRF Advisors I LLC

Fortress VRF Investor Relations
Fortress Investment Group

Begin forwarded message:

From: =/b>Fortress VRF Investor Relations =1

To: Fortress VRF Investor Relation

Subject: =/b>Fortress Value =ecovery Fund I LLC - Investor Communication

Date: =/b>June 8, 2015 at 4:04:09 PM =DT

Dear Investor,

&nb=p; .

Attached please find a Fortress Value Recovery Fund I =LC investor communication.

Fortress VRF Advisors I LLC

Fortress VRF Investor Relations

Fortress Investment Group

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