<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Tuesday, April 3, 2018 3:06 AM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>Spotify's reference price is set at 5132 by the New York Stock Exchange</td></tr></table>

I believe our basis through honeycomb is 77.50. David loves stock and plans t= hold..

https://www.cnbc.com/2018/04/02/spotifys-reference-price-is-set-at-132-by-th=-new-york-stock-exchange.html

Richard Kahn

HBRK Associates Inc.

575 Lexington Avenue, 4th Floor

New <u>York, NY 10022</u>

Tel

Fax

Cell

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