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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00630472: Barrett and Privilege (DS9)

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This document contains email correspondence dated February 21, 2012, between Paul S. Barrett (Managing Director, Global Investment Opportunities Group at JPMorgan Private Bank), Jeffrey Epstein, and David J. Giuffrida regarding investment transactions. The emails discuss the closure of a short Brazilian Real put option and reference positions in Knock Out and NRG bonds. Standard legal disclaimers regarding privilege and confidentiality are included.

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and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal **privilege**
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From: "**Barrett**, Paul S" To: jeffrey epstein CC: "Giuffrida, David J" Subject: RE: Knock Out and NRG bonds Date: Tue, 21 Feb 2012 20:20:15 +0000 Our Felcor
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at 8:41 AM, "**Barrett**, Paul S" wrote: Jeffrey We knocked out on our short BRL put option.

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