EFTA01986364.pdf

To: [email protected]: Jeffrey epsteinueevacatiomagmail.comj From: David Stem Sent Wed 8/17/2011 4:15:12 PM Subject: Re: VOC This is a high order.... but I like it !! On 17 Aug 2011, at 17:13, jeffrey epstein wrote: Find me a Chinese asst , great taste educated . Elegant Sorry for all the typos .Sent from my iPhone On Aug 17, 2011, at 3:17 PM, David Stern ‹ > wrote: I have been following this company (no special insights) because I thought we can kick out management and take them over: Vision China Opportunity Fund, UK listed and managed out ofNYC by Americans. What I can tell totally mismanaged, but could be good platform if Chinese people were involved.... Today share price collapsed another 44%. Market Cap: US$ 21.55 million NAV: US$ 45.28 million (16 August 2011) Cash on their books What am I missing? <2010-Annual-Reprt.pdf> <Vision-Opportunity-China-Fund-Limited-Unaudited-Interim-Report- Consolidated-Financial-Statements-3I-March-201I -printed-version- Doe-208533-v2.pdf> <VOC-NAV-Update-08-12- I I .pdf> <Announcement_12_August_2011.pdf> Significant Shareholders Significant Shareholder # Shares Held % Holding City of London Investment Management Limited 18,566,332 28.44 Baillie Gifford & Co 11,185,600 17.13 EFTA_R1_00477144 EFTA01986364 Tiberius Investments & Capital (Jersey) Limited 7,187,845 11.01 QVT Financial LP 6,425,000 9.84 FIL Limited 3,607,900 5.53 Glenmede Trust Company/PCT Partners LLC 2,250,000 3.45 The information in the above table was correct as at 12 August 2011. EFTA_R1_00477145 EFTA01986365