EFTA02370289.pdf

From: Richard Kahn Sent: Thursday, March 2, 2017 11:28 AM To: Jeffrey Epstein Subject: XLF call spread @ ML best mark to market since purchased option cost: 250,000 value =ast night: 378,066 maturity date: june 9, 2017 TO: From: Client Valuation Group COMPANY: SOUTHERN TRUST COMPANY, INC. Phone: Fax: Fax: N/A RE: Valuation statement from client's perspective Email: DATE: 01-Mar-17 Value Date 1-Mar-17 Total Net Value of =eals Traded in USD 378,066.35 = Deal =684146892 =et Value USD 378,066.35 ML Ref. Entity Instrument Type Trade Date Maturity Date Instrument Name Sett. Cur. Underlying Id Underlying Name Underlying Reference Price Call/Put Strike Position Multiplier Estimated mid-market price Estimated mid-market value MTM FX Rate 1684146892 BKNA European Option 9-Dec-16 9-Jun-17 XLF 24.2725 E C 9-JUN-17 USD XLF =1 FINANCIAL SELECT SECTOR SPDR 25.219 C 24.83 604,174.0 1.0 1.1651 703,911.0461 1.0 1684146892 BKNA OTC Deal 9-Dec-16 9-Jun-17 XLF 110% KI 115% USD XLF =1 FINANCIAL SELECT SECTOR SPDR 25.219 0.0 (604,174.0) 23.64 0.5391 (325,844.6999) 1.0 EFTA_R1_01371678 EFTA02370289  Please direct any questions to your regular Bank of America Merrill Lynch contact. This valuation was produced on == 1/3/2017 at 10:12 PM Richard Kahn HBRK Associates Inc. 575 =exington Avenue, 4th Floor New =ork, NY 10022 2 EFTA_R1_01371679 EFTA02370290