EFTA00666312.txt

"To: jeffrey E. <[email protected]> ... Good- very happy about decision to cut all loss making entities, downsizing and focusing on cost/ income ra"

"On 05 Jul 2016, at 12:24, jeffrey E. <[email protected]> wrote: will you still come to the states to pick up olivier?"

"In paris . ... Ariane de Rothschild"

"will you still come to the states to pick up olivier?"

"will you still come to the states to pick up olivier?"

"looking at merging most entities into one Swiss co ( cleaning balance sheet )"