EFTA01047843.txt

"From: Barry J. Cohen To: Jeffrey E. <jeevacationggmail.com> CC: Thomas Turrin, Leon Black"

"When the IRS audits a partnership and makes an adjustment to the partnership's income or deductions, the IRS sends adjustment notices to the partners"

"To: Jeffrey Epstein; Thomas Turrin; Barry Cohen Cc: Leon Black... as jeffrey said to me, they answered the question they posed in the initial notice."

"The 'delta' is Leon's (BFP's) allocable share of the adjustment of BRH Holdings, LP ordinary income as a result of an audit of the tax return of BRH H"

"I believe (and so does my partner Lisa Goldman) that this notice of adjustment of should 'end the process'."

"On a parallel basis, I'd have jeffrey and tom edit the 'alternate response letter' which, again, would set out our belief that the 'assessment' ends t"

"Agree. Confirmed to me by John Suydam."

"Suzanne Wong (or someone at Apollo or Deloitte) should be able to provide a copy of the IRS audit report"