<table><tr><th>From: </th><th>Jeffrey Epstein &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent: </td><td>Monday, November 9, 2009 3:53 PM</td></tr><tr><td>To: </td><td></td></tr><tr><td>Subject: </td><td>Re: </td></tr></table>

do you mean not budge

On Mon, Nov 9, 2009=at 10:49 AM, Sean J. Lancaster <███████████████████████████████████████
<mailt██████████████████████████████> > wrote:

Joe Carfagna called me back to say they will budge off of $22.0 net. I do feel there may be some room ie $21.750ish but I am guessing. <=span>

Best regards,

Sean J. Lancaster

Bristol Associates Inc.

| Field | Value |
|---|---|
| Company | Bristol Associates Inc. |
| Website | www.bristolassociates.com |
| Main Office | [redacted — black box in image] |
| Mobile | [redacted — black box in image] |
| FAX | [redacted — black box in image] |
| Additional line | [redacted — long black bar prefixed by "*"; ends with ">" in image] |

: www.bristolassociates.com <http://www.bristolassociates.com/>

This message may contain confidential and/or legally privileged information. If you are not the intended recipient of the message, please destroy it. Any unauthorized dissemination, distribution or copying of the material in this message, andrany attachments to the message, is strictly forbidden. (c) 2009 all rights reserved.

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From:=span style="font-size: 10pt;"> Jeffrey Epstein [mailto:jeevacat=on@gmail.com <mailto:jeevacation@gmail.com> ]

Sent: Friday, November 06, 2009 10:46 AM
To:
Subject: Re:

send the details phot=s etc on the bbj. s .offer 19.5 for the gv

On Fri, Nov 6, 2009 at 9:24 AM, Sean J. Lancaster &l=
<mailto: > wrote:

Joe Carfagn= just called me this morning to tell me that their deal where a potential trade on GV sn 592 was proposed has fallen apa=t. That aircraft is back on the market.

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The Netjets=BBJ's are being offered with the remainder of the leases and a purchase at the end of the lease at fair mark=t value. The $250K per month lease and the FMV are negotiable now. The current lease on the first aircraft expired Dec 2010 and the second Dec 2011. Joe is suggesting low $40.0 million range.

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Best regard=,

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Sean J. Lan=aster

Bristol Ass=ciates Inc.

| Field | Value |
|---|---|
| Company | Bristol Associates Inc. |
| Website | www.bristol=ssociates.com (linked URL: http://www.bristolassociates.com/) |
| Direct | [redacted] |
| Main Office | [redacted] |
| Mobile | [redacted] |
| FAX | [redacted] |
| * (note line) | [redacted] |

* www.bristol=ssociates.com <http://www.bristolassociates.com/>

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## <=p> (cont.)

This message may contain confidential and/or legally privileged information. If you are not the intended recipient of the message, please destroy it. Any unauthorised dissemination, distribution or copying of the material in this message, and=any attachments to the message, is strictly forbidden. (c) 2009 all rights reserved.

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<u>From:=s an st le="font-size: 10 e></u> Sean J. Lancaste
<mailt 1
Sent: Tuesday, <u>November 03, 2009</u> 12:16 <u>PM</u>
To:'Jeffrey Epstein% '
Subject: RE:
Sensitivity: Confidential

<signature> Subject:<=b>

Subject:<=b>
Sensitivity: Confidential

Larry, thanks for the update on the 727. I agree with you that the STC and SFAR 88 compliance is huge in terms of our ability to move the aircraft. We do continued to get calls on the aircraft but the question on the fuel t=nks is always an issue. Even if we deactivated them people are still confuse= by the FAA rules and shy away.

I think the aircraft can be sold even in this market but pricing is an issue, We are offering the aircraft for $10.0 million right now and we need to reintroduce the aircraft as soon as the STC is complied with. I would like to run a new round of ads when that is done and we might want to review our pricing to $8.5 to $9.0 as the asking price. But in order to do this I need some help on the advertising invoice that I send as my boss =ill restrict my ability to buy ad's

I do want to mention two things:

The GV sn 592 is not sold it is back on the market as the buyer needs to trade an aircraft and Leading Edge is hesitant to take the trade. B of A will finance the trade so eventually the deal may go through. </=>

Netjets is shutting their BBJ operations this week. They have two 6000 hour aircraft that they are going to sell. Leading Edge is also the broker. I think that these aircraft will likely be sold in the low $40's maybe even in the 30 million dollar range. I am closing watching this situation and will keep you informed as Joe Carfagna called me just la=t night.

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Best regards,

Sean J. Lancaster

- Company: Bristol Associates Inc.
- Direct: [redacted]
- Main Office (ext 1130): [redacted]
- Mobile: [redacted]
- FAX: [redacted]
- * [redacted long line]
- * www.bristolass=ciates.com

This message may contain confidential and/or legally privileged information. If you are not the intended recipient of the message, please destroy it. Any unauthori=ed dissemination, distribution or copying of the material in this message, andrany attachments to the message, is strictly forbidden. (c) 2009 all rights reserved.

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The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein

Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited

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and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments.

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The information contained in this c=mmunication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the a=dressee. It is the property of Jeffrey Epstein Unauthorized use, di=closure or copying of this communication or any part thereof is strictl= prohibited and may be unlawful. If you have received this communication in error, p=ease notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy thi= communication and all copies thereof, including all attachments.