EFTA00625977.txt

"From: Heather Gray To: "Jeffrey Epstein ([email protected])""

"my meeting with Leon and Rich Joslin yesterday afternoon"

"my meeting with Leon and Rich Joslin yesterday afternoon"

"my meeting with Leon and Rich Joslin yesterday afternoon"

"Heather Gray Elysium Management LLC"

"I know that you and Leon have frequent discussions about these matters"

"the draft agreement allows him, in his capacity as Class A Managing Member, to make all decisions with regard to acquisitions and sale of art"

"Leon also questioned whether he should be paying off all/most of the note to the children's trusts"

"his assumption was that it should have somewhere between $1 billion - $1.5 billion of art"

"to make sure there was enough collateral for the new entity to continue to act as guarantor on the Bank of America loan"