To: Jeffrey EpsteinBeevacation©gmail.com]
From: David Stern
Sent: Sun 11/21/2010 11:00:57 PM
Subject: Fwd: Strictly Confidential
<u>Harry Biog - March 2010.ppt</u>

He's thinking of setting up on his own, ideally as JV with an established institution. His existing UK clients plus targeting Chinese HNWI for future growth.

- Two redacted contact lines:
  - Line 1: small circular icon (likely phone/contact) followed by a blacked-out text block.
  - Line 2: laptop/computer icon followed by a blacked-out text block (likely email or website).
- Visible surrounding/footer text: "The Royal Bank of Scotland plc, Registered in Scotland No." (registration number not shown).
- Context (from provided text): person considering setting up as a JV with an established institution; existing UK clients and targeting Chinese HNWI.

The Royal Bank of Scotland plc, Registered in Scotland No.

90312. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB

Authorised and regulated by the Financial Services

- Authority.

This e-mail message is confidential and for use by the

- addressee only. If the message is received by anyone other than the addressee, please return the message to the sender by replying to it and then delete the message from your computer. Internet e-mails are not necessarily secure. The Royal Bank of Scotland plc does not accept responsibility for changes made to this message after it was sent.

Whilst all reasonable care has been taken to avoid the

- transmission of viruses, it is the responsibility of the recipient to ensure that the onward transmission, opening or use of this message and any attachments will not adversely affect its systems or data. No responsibility is accepted by The Royal Bank of Scotland plc in this regard and the recipient should carry out such virus and other checks as it considers appropriate.

The contents of this message may be privileged and confidential. Therefore, if this message has
been received in error, please delete it without reading it. Your receipt of this message is not
intended to waive any applicable privilege. Please do not disseminate this message without the

permission of the author.

******

Any tax advice contained in this email was not intended to be used, and cannot be used, by you (or any other taxpayer) to avoid penalties under the Internal Revenue Code of 1986, as amended.