EFTA01453302.pdf

From: Tazia Smith II Sent: 3/17/2014 8:51:14 PM To: jeffrey epstein reevacation@ mail.coml CC: Paul Morris I Subject: Re: First BRL note valuation date 3/20, poised to settle beyond barrier (down —20%) (C) Classification: Confidential Mark-to-market on the note was 5799k (down $201k) intrinsic value is $802k (down $198k). subject to moves in BRL for the next 3 days. Tazia Smith Director Key Client Partners - US Deutsche Bank Securities. Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York. NY 10154 From: Jeffrey Epstein ljeevacatioOgmail.coinj Sent: 01/17/2014 06:02 PM CST To: Tazia Smith Subject: Re: First BRL note valuation date 3/20, poised to settle beyond barrier (down —20%) ICJ is there a number ??? On Mon, Mar 17, 2014 at 1:44 PM, Tazia Smith > wrote: Classification: Confidential Jeffrey - First BRL note's valuation date is this Thursday, 3/20 (settles 3/27); presently down 19.8%, intrinsic. Your original investment was $1mm notional. Initial strike: 1.9619 15% european barrier: 2.2562 Current USDBRL spot: 2.3505 Your second note has a final valuation of 4/14. Initial strike 2.0035, european barrier =2.3040. Recall that the payout on these was as follows: a) make 28.5% if BRL is up more than 3% vs. USD at maturity, b) make 5% if BRL is up between 0- CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110838 CONFIDENTIAL SDNY_GM_00257022 EFTA01453302