<table><tr><th>From:</th><th>Jeffrey Epstein &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Wednesday, August 28, 2013 9:19 PM</td></tr><tr><td>To:</td><td>Michaels, Philip J.</td></tr><tr><td>Cc:</td><td>Peggy Siegal</td></tr><tr><td>Subject:</td><td>Re: Siegal</td></tr></table>

in addition to what amount. how much total would peg=y get

On Wed, Aug 28, 2013 at 5:17 PM, Michaels, Philip J. &=████████████████████████████████████████████████████████████████████████████ wrote:

Peggy

I spoke with Gary's =ttorney this afternoon. A lot of back and forth.

Gary's offer is that=you would receive $10,000 from your mother's trust and then the balance =ould be split 50/50.

We had originally aske= for $150,000 off the top and then 50/50.

According to Gary's =ttorney there is approximately $450,000 in the trust../p>

Thus, if you accept Ga=y's offer, you would receive approximately $230,000. I would have to ingrire whether the account is all in cash or if securities have to be sold an= if there would be an income tax due.

Please let me have you= thoughts.

Thanks</=pan>

Phil

Philip J. Michaels | Partner

Fulbright & Jaworski LLP<=u>

<signature> Thanks</=pan>

NORTON ROSE FULBRIGHT=u>

Law around the world

nortonrosefulbr=ght.com <http://nortonrose=ulbright.com/>

Our website and email ad=resses have changed—please update your records accordingly.

From: Peggy Si=gal [mailto:
Sent: Tuesday, August 27, 2013 6:44 PM
To: Michaels, Philip J.
Cc: jeeva=ation@gmail.com <mailto:jeevacation@gmail.com>
Subject: Re: Siegal

Can we talk tomorrow. = am on a plane to Telluride at 9:30am and can before or after.

What exactly are you asking Gary's attorney for? How much? Peg

From: Michaels= Philip J. [mailto:
Sent: Monday, August 26 <u>2013</u> 11:54 <u>AM</u>
To: 'Dyce, Jamie R.'
Cc: Peggy Siegal
Subject: RE: Siegal

Ok. I am here all week=

Phil

Philip J. Michaels I Partner

666 Fifth Avenue, New <u>York, New York 1010=-3198, United States</u>

NORTON ROSE FULBRIGHT=u>

Law around the world

nortonrosefulbr=ght.com <http://nortonrose=ulbright.com/>

Our website and email ad=resses have changed—please update your records accordingly.

From: Dyce, Ja=ie R. [mailto:ja=ie.dyce@usda.gov]
Sent: Monday, August 26, 2013 10:10 AM
To: Michaels, Philip J.
Subject: Siegal

Phil:

I heard from Gary and he and I will need to reschedule our=call for later in the week. I will get back to you as soon as I can.

Thank you,

Jamie

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

www.duanemorris.com <http://www.duanemorris.com/> </=>

Jamie R. Dyce
Associate=A0

Duane Morris LLP
1540 Broadway
New York, NY 10036-4086

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