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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01351267: Southern Trust (DS10)

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This document is an email dated 11/12/2013 from an unidentified sender to Jeffrey Epstein regarding Brazilian Real (BRL) step-up notes held in Southern Trust. The sender notes that Epstein holds a long position of 1 million USD each in BRL step-up notes through Southern Trust from JP, and marks down the position by more than 20%. The email is classified as confidential.

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Excerpt 1
11/12/2013 02:55 PM Subject: BRL Notes marking down >20% [C] Classification: Confidential Jeffrey - You're long 1mm USD each of BRL step up notes in **Southern**
Excerpt 2
**Trust** from JP.

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