<table><tr><th>From:</th><th>Barrett, Paul S &lt;</th></tr><tr><td>Sent:</td><td>Wednesday, November 21, 2012 3:42 PM</td></tr><tr><td>To:</td><td>Epstein, Jeffrey (eevacation@gmail.com)</td></tr><tr><td>Cc:</td><td>Giuffrida, David J; Schaffer, Susannah</td></tr><tr><td>Subject:</td><td>Bond to sell</td></tr></table>

Jeffrey=/o:p>

<=o:p>

I think we can =ell our Wells Fargo bond that we bought in September for a 10% gain. Wou=d you care at that level?

<=pan style="font-size:11.0pt;font-family:"Calibri","sans-serif"">Paul

&nb=p;

Paul Barrett, CFA

Managing Director

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Global Investment Opportunities Group

JPMorgan Private Bank

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320 Park Avenue, 14th Floor, New York, NY 10022</=:p>

NMLS ID# 85344=

=0A

This email is confidential and subject to important discla=mers and conditions including on offers for the purchase or sale of securi=ies, accuracy and completeness of information, viruses, confidentiality, l=gal privilege, and legal entity disclaimers, available at http://www.jpm=rgan.com/pages/disclosures/email.