From: jeffrey E. <jeevacation@gmail.com>
Sent: Thursday, September 18, 2014 8:10 PM
To: A. de Rothschild
Subject: Re:

speak?

On Thu, Sep 18, 2014 at 1:56 PM, A. de Rothschild > wrote:

64 i need them to give in on the brands .
Yves spoke =o Kathy . He was fuming against Pillsbury and wants to stop using them =A0

Sent from my iPhone

On 18 sept. 2014, at 19:09, &q=ot;jeffrey E." <jeevacation@gmail.com <mailto:jeevacation@gmail.com> > wrote:

yes, lye gone through all their numbe=s and have spoken to friends. i see no problem=for you, and in fact if i were to sell them your stock i woudl make =t at a price that reflected the movement over the next two years. =AO ( the term of the new directors. ) so see the 5.3 million shares at the=hightest S day average over the next two years. 17 50 now. plu= balance .

on Thu, Sep 18, 2014 at 12:38 PM, A

=gt; wrote:

Sent from=my iPhone

On 18 sept. 2014, at 18:17, "jeffrey E."=<jeevacation@gmail.com <mailto:jeevacation@gmail.com> > wrote:

so they are raising debt in an attempt to get their stock price=up. its a good move

On Thu, Sep 18, 2014 at 12:00 PM, A. de Rothschilth< >

wrote:

Yes they can buy back up to10% of their shares at max =rice 35 on the mkt. If i sell to them it sat curren= mkt price 17.40

Sent from my iPhone

On 18 sept. 2014= at 17:49, "jeffrey E." <jeevacation@gmail.com <mailto:jeevacation@gmail.=om> > wrote:

but they have asked for for p=rmission to buy in common shares. up to 35 e , each; =AO so do i understnd correctly that you could sell your 5 imllion shares t= anyone?

On Thu, Sep 18, 2014 at 11:40 AM, A. de Rothschild <=a
href="mailto:████████████████" target="_blank">████████████████= wrote:

No=not jardine- they hate each . I have no restrictions.
I re=read their motions : 70 mio capital+ 300mio additionnal debt -
=div>Very heavy on their balance sheet.
No clarity,no descr=ption of fund use and asking for entire powers to be given to

mgt. <=div>

Sent from my iPhone

On 18 sept. 2014, at 17=26, "jeffrey E." <jeevacation@gmail.com <mailto:jeevacation@gmail.com> > wrote:

maybe , with jardine, but doub=ful, -- do you have restrictions on the shares.

=AO you own. sale transfer etc.

=br>
On Thu, Sep 18, 2014 at 10:49 AM, A. de Roth=child

<mailto: wrote:

Its looks more like thst they re preparing the=r group for a merger

Sent from my iPhone

On 18 =ept. 2014, at 14:02, "jeffrey E." <jeevacation@gmail.com <mailto:jeevacat=on@gmail.com> > wrote:

I dont think they a=e going to sell. i think they are buying back, shares and
issuing ne= ones. i see no real problem for you, none

--
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