From: Eileen Alexanderson < Sent: Tuesday, November 18, 2014 12:14 AM To: Jeffrey Epstein Cc: Richard Joslin Subject: Further timber update Timber update- no better bids came in. Best bid is a 15% discount on the 6/30 <x-apple-data-detectors://0> value = to $16,125,588. This was the bidder's initial offer. Eaton Partners believes there may be a few addl % pts they will be able to extract. This addl % was obviously built into status update last week when they gave guidance that they had a' low teens' bid. There were 10 bids-majority came in with +/-30% discounts. This best bidder would like a brief period to do a bit more confirmatory due diligence and will commit to close sometime before year end. I sent the same update to Leon asking if he is agreeable to a bid at this level. Eileen Alexanderson Elysium Management 445 Park Avenue <x-apple-data-detectors://9/0> Suite 1401 <x-apple-data•detectors://9/0> New York NY 10022 <x-apple-data-detectors://9/0> Phone: Email: Sent from my iPhone <te <mailto 1 EFTA_R1_01779576 EFTA02595173