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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA02347764: Leon Black and Apollo Global (DS11)

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This document is an email dated September 2, 2015, from Suzanne Wong at Apollo Global Management, L.L.C. regarding Leon Black's Q3 2015 estimates. The excerpt references revised Apollo FY 2015 cash flows of $15.7 million and projected annual taxable amounts, prepared in advance of a meeting.

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Excerpt 1
Best, Suzanne Wong | **Apollo** **Global** Management L.L.C.
Excerpt 2
Subject: FW: **Leon** **Black** Q3 Estimates 38 cents From: Richard Joslin Sent: Wednesday, September 02, 2015 12:37 PM To: Joe Avantario ; Brad Wechsler
Excerpt 3
@elysiic.com> Subject: RE: **Leon** **Black** Q3 Estimates Revision downward both=on balance of Apollo FY 2015 cash flows ($15.7 mm) and projected annual ta=able

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