To: jeffre E. 'eevacation maitcom]; lawrence delsof Eileen Alexanderso From: Ric ar os in Sent Tue 5/27/2014 3:23:10 PM Subject: refi http://www.reuters.com/articic/2014/05/27/ny-apollo-globalidUSnBw275877a+100+BSW20 140527 Apollo Global Management, LLC (NYSE:APO) ("Apollo") today announced its indirect subsidiary, Apollo Management Holdings, L.P., intends to offer, subject to market and other conditions, senior notes (the "notes"). The notes will be fully and unconditionally guaranteed by Apollo's indirect subsidiaries, Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings W, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P. and AMH Holdings (Cayman), L.P. Apollo intends to use a portion of the net proceeds from the sale of the notes to repay a portion of outstanding term loans under its existing credit facilities. Any remaining net proceeds will be used for general corporate purposes. Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (c) (f) EFTA_R1_00367294 EFTA01923067