To: Lesley Gro From: Jeffrey Epstein Sent Tue 2/14/2012 12:51:05 PM Subject: Re: Fwd: lets call him tody On Tue, Feb 14, 2012 at 7:37 AM, Lesley Groff wrote: Will remind you Friday morning before leon comes to breakfast. Sent from my iPhone On Feb 13, 2012, at 7:31 PM, jeffity epstein <jeevacation@gmail.com> wrote: Remind me with Leon Sorry for all the typos .Sent from my iPhonc Begin forwarded message: From: "Nicholas L.Ribis" Date: February 13, 2012 2:26:23 PM EST To: "Jeffrey Epstein" <jcevacation@gmail.com> Jeffrey — recent public reports indicated that Caesars intends to auction 10 or more of their smaller regional casinos to focus on larger jurisdiction casinos, foreign properties and substantial debt reduction — my idea is to have Caesars spin off the properties to a company controlled by me for a higher purchase price by allocating a substantial amount of Caesar current debt( thereby reducing Caesars overall debt load ) and having a higher multiple on ebitda from those casinos than Caesars would achieve in an auction process — this would allow Caesars to quickly announce a sale of these properties at a very high price to a licensed entity without having licensing or financial outs in contract to sell the properties-I thought this was an interesting idea for Leon what do u think — call me -- Nick The information contained in this communication is confidential, may be attorney-client privileged, may EFTA_R1_00229746 EFTA01842648 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 jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00229747 EFTA01842649