<table><tr><th>From:</th><th>Gianni Serazzi &lt;s</th></tr><tr><td>Sent:</td><td>Friday, March 6, 2015 10:47 AM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Fashion... Looking good</td></tr><tr><td>Attachments:</td><td>EBITDA THE FASHION V3.XLS</td></tr></table>

We can talk when you want.

Here are the numbers. =hey do not even know what EBITDA is or how much money they were really doi=g... and there is 200k of costs I can cut day one

Thank you

G