EFTA00682114.txt

"From: Richard Joslin To: jeffrey E. [email protected] Subject: FW: Knowledge Universe Education L.P. - LBF Holdings, LLC Date: Tue, 28 Oct 2014 20"

"Eileen Alexanderson Black Family Partners do Apollo Management 9 W 57th Street NY NY 10019"

"To: Eileen Alexanderson; Leon Black; John J. Suydam... Apollo Global Management, LLC"

"Ruby Singh Registrar and Transfer Company 10 Commerce Drive Cranford, NJ 07016"

"From: Joyce Seko Sent: Thursday, October 31, 2013 2:24 PM To: Eileen Alexanderson; Leon Black; John J. Suydam"

"Apollo Management 9 W 57th Street NY NY 10019"

"K12 Inc (LRN) came out of Knowledge Universe, an investment that was moved to BFP LP a long while back"

"Rich D and I are now working on getting these shares into custody so that they can be sold... In name of LBF Holdings."

"Rich D and I are now working on getting these shares into custody so that they can be sold... In name of LBF Holdings."

"Rich D and I are now working on getting these shares into custody so that they can be sold — $1.6MM. In name of LBF Holdings."