From: Barrett, Paul S <
Sent: Thursday, January 12, 2012 4:14 PM
To: Jeffrey Epstein
Cc: Giuffrida, David
Subject: Brent Option

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Jeff=ey

We priced up 3 and 6 month one touches to achieve 10:1 payouts

Payout: $1in pay=ut, cost is $0.10

3month (May 2012 contract)

Expiry: 10-Apr12

Strike= 151

6 month (Aug 2012 contract►

Expiry: 11-Jul-12</=:p>

Strike= 170

Paul

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Paul Barrett, CFA<=o:p>

Managing Director=/p>

Global Investment Opportunities Group

JPMorgan Private Bank=/p>

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

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NMLS ID# 8534=1

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=his email is confidential and subject to important disclaimers and conditi=ns including on offers for the purchase or sale of securities, accuracy an= completeness of information, viruses, confidentiality, legal privilege, a=d legal entity disclaimers, available at http://www.jpmorgan.com/pages=disclosures/email.