<table><tr><th>From:</th><th>Richard Joslin</th></tr><tr><td>Sent:
To:</td><td>Tuesday, February 24, 2015 9:34 PM
Brad Wechsler</td></tr><tr><td>Cc:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>FBAR</td></tr></table>

Brad

Pursuant to our conversation„ I wanted to reiterate=that the various US or foreign entities that own either directly or indire=tly Phaidon Press Ltd do not have foreign bank or brokerage accounts. = The foreign bank accounts owned by Phaidon Press Ltd are attached. This list was the basis of FBAR filing in 20=3. Note this list includes US accounts held by Phaidon entities.

To be clear, JMWT Ltd, the direct owner of Phaidon P=ess Ltd does not (to the best of my knowledge) have a foreign bank account= it's bank account is with US Trust.

RJ

=

Richard Joslin

CFO

Elysium Management LLC

445 Park Ave

Ste. 1401

New York, NY 10022

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