To: David Stem From: jeffrey E. Sent Wed 6/25/2014 8:38:16 PM Subject: Re: KB BHF it seems to be on the decline/1 On Wed, Jun 25, 2014 at 2:56 PM, David Stem ‹ > wrote: Pic taken at KB re calculation of NAV. Market cap today is E 304 million please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE 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_00357589 EFTA01917313