<table><tr><th>From:</th><th>Mark LLOYD</th></tr><tr><td>Sent:</td><td>Tuesday, May 15, 2012 11:07 AM</td></tr><tr><td>To:</td><td>jeevacation@gmail.com</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

Thanks , you are a star! O= the 24th the Court needs to have all offers together with a short busines= plan. No cash changes hands at this stage.

-----Original Message-----
From: Jeffrey Epstein <jeevacation@gmail.com>
To: Mark LLOYD <>
Sent: Tue, 15 May 2012 12:05
Subject: Re:

In real life, the numbers would have to be vetted. I would love to help.&nb=p; what happens on the 24th

On Tue, <u>May 15, 2012 at 1:00</u> PM, Mark LLOYD > wrote: <mailto

Agreed, there are a lo= of considerations to take into account.

The shop in Av Montaigne is under offer already (E3.7.) and should be replaced with something a quarter of the size in Av Faubou=g St Honore or the Left Bank.

Happily most of the labour that is left are all craft= people who do an amazing job. The useless CFO has already left and there =s no marketing director either. THe CEO Yves Alain Petitjean is unim=ressive. He claims he has had his back against the wall since he started 1= months ago due to inadequate funding. This is partly true, though I don't=think he gets this market or its potential. With a proper team in place, l=believe this can be managed.

In the first instance very little cash has to be put =p. It is more about commitment to retain the employee levels that concern =he French Court more than anything else.

Ironically, the market for this product line (the sup=r rich) are getting richer. It has been poorly managed and hopelessly mark=ted for ten years.

I believe it could be turned round within 2 years.&nb=p;

Cash required to purchase and run it for this period =ould be less than 7.5M Euros.

-----Original Mes=age-----
From: Jeffrey Epstein <jeevacat=on@gmail.com <mailto:jeevacation@gmail.com> >
To: Mark LLOYD <blackened out>
Sent: Tue, 15 May 2012 11:50
Subject: Re:

<mailto: blackened out>
difficult to assess. the brand is great .. the french labor , regulat=on, lease. issues are complex.

On Tue, May 15, 2012 at 12:00 PM, Mark LLOYD <blackened out> wrote:
<mailto: blackened out>

Jeffrey,

Do you think D. Porthault is worth pursuing? If=so, would you consider backing me? We would need to submit a business plan=to the French Judge at the Bankruptcy court by May 24th which does not giv= us much time.

Clearly we would need to find a really could CEO and =FO and develop a marketing strategy.

I really think this is a jewel that has lost its lust=e and with a bit of polishing could regain its brand stature on the global=map in a relatively short period of time.

The exit would be in 3-5 years when it might be sold =o Chanel, Richemont or LVMH.

Just let me know either way ASAP, so I can pursue oth=r avenues if its not of any interest to you.

As ever,

Mark

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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 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 jeev=cation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -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 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 jeev=cation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved