EFTA02411977.pdf

"To: Jeffrey Epstein; From: David Stem; Sent Wed 6/23/2010 1:50:48 PM"

"your relentless work as the UK's Special Representative for International Trade and Investment"

"Asia Gateway has history and accounts and prove of clients in the past and can be used (i am sole director and sole shareholder)"

"Serpentine Group would be new company for this purpose only (at present I would be sole director and sole shareholder)"

"Send asia gateway; I will wait for your instructions."

"Informed PA that you are thinking about the company set up; He replied, saying that I should at least send the letter so we can proceed"

"PA agrees to your decision; Informed PA that you are thinking about the company set up"