<table><tr><th>From:</th><th>David Stern</th></tr><tr><td>Sent:</td><td>Sunday, January 26, 2014 6:30 PM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Another draft ??</td></tr></table>

Dear Dick

- we agreed on a deal and the key facts have not changed since (contract siz=, revenue, collateral)

- I turned away other investors

- in all likelihood we will go bankrupt by end Feb due to cash needs caused b= your action. 5 years of my sweat and tears, 62 employees and their familie= affected

- you have been misinformed by a person who knows nothing about the business=(unlike you)

- If you knew the facts you would not make such a decision, you are a man of=highest integrity as Jeffrey (and others like Bobby Kotick) tell me

David

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