Fwd: Fortress Value Recovery Fund I LLC - Distribution

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Richard,

Please note a Fortress Value Recovery Fund I LLC (the "Fund") cash distribution with respect to the interest in the Fund held by Glenn Dubin will be wired on December 11, 2015 in the below amount. The distribution is effective November 1, 2015. Pursuant to the Assignment of Economic Interest Agreement dated as of August 1, 2011 between Glenn Dubin and Jeepers, Inc., the amount will be distributed to Jeepers, Inc. in accordance with its wire instructions on file with the Fund.

Glenn Dubin: $183,753.77 wired to Jeepers Inc., Bank of New York

Key entities: Nicole Higgins, Fortress VRF Advisors I LLC, Fortress VRF Investor Relations, Fortress Investment Group.

Contact Nicole Higgins with any questions.

jeffrey E.

Jeepers will receive a 183,753.77 distribution from Fortress Value Recovery Fund tomorrow December 11th. Per backstop agreement money must be delivered to Dubin within 5 business days and once 4,375,302 is paid back to Dubin, Jeepers will then receive 100% of distributions from Fortress Fund.

Per Q3 summary shows that as of 9-30-2015 Fortress Value Recovery Fund had a Net Asset Value of 61,000,000. It appears unrealistic that Jeepers will receive any additional funds as their ownership % of fund is 1.112996%.

Summary to date:

Funds received from Dubin 10.6.2014: 4,375,302
Distribution and payment to Dubin 11-12-2014: (222,549)
Distribution and payment to Dubin 12-31-2014: (166,911)
Distribution 6-8-2015: (244,778)
Distribution 12-11-2015: (183,754)

Balance due to Dubin before Jeepers receives $: 3,557,310

Please advise if I should send Dubin 183,753.77 Jeepers will receive tomorrow or wait. Thank you.