To: jeevacation©gmail.comjjeevacation©gmail.com]; Jeffrey Epsteinbeevacation©gmail.com] From: David Stem Sent Tue 2/1/2011 4:04:14 PM Subject: Re: Checking in OK. Will send a reply as you suggested below. Thank you. On 1 Feb 2011, at 16:02, Jeffrey Epstein wrote: I did my best , not to be harsh.. I think there is great opportunity, but it MUST be cloaked with a Chinese face. I was open and direct, and thought emilio , thought at first hestant , at least to my eyes appeared at the end to be receptive/. On Tue, Feb 1, 2011 at 11:00 AM, David Stern wrote: Begin forwarded message: From: "Staley, Jes" Date: 31 January 2011 21:22:17 GMT To: Subject: Checking in David, How did it go with the Morgan crowd? Best, Jes its Staley I Chief Executive Officer' Investment Bank I J.P. Morgan I 270 Park Avenue, 48th Floor I T: This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available athttp://www.iPmoroan.com/paqes/disclosures/email. EFTA_R1_00507814 EFTA02007774 ************* 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 Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any pan 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 jecvacation@gmail,com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00507815 EFTA02007775