To: Jeffrey Epsteinueevacationagmail.comj From: DS Sent Tue 3/12/2013 10:35:48 PM Subject: Fwd: AG China Begin forwarded message: From: Richard Merkin Date: 12 March 2013 22:26:12 GMT To: DS Subject: ma 30%. Certain standard majority rights and your commitment to do well and do good. ----Original Mes From: DS Sent: Tuesday, March 12, 2013 3:20 PM To: Richard Merkin Subject: AG China Dear Dick, It was a true pleasure talking with you again. My intention was not to pitch you the Asia Gateway investment, but I am delighted that you consider this. To have you as partner in this venture would be an honour! I am finalising various term sheets so I wanted to ask you for your thoughts. The deal is a US$ 5 m investment, which is conditional of the business achieving revenues of min. RMB 1 m from the city government payer. Please let me know how you want to proceed? All the best, David EFTA_R1_00330823 EFTA01901318