EFTA01118680.pdf

Valuations 4/30/12 i tt ti totinA EFTA01118680  JEE and Related Entries ireestment Summary 4130112 Cash S EQuautalS Finance' Trust Company. (see note bellow) 7.577,210 J Easton 1.567.777 HAZE Trug 2.627.281 FT Real Estate 85,024 Epstein Interests 111.610 J Eagle VI Founbtaton 5 799 83t COU0 3.045 Total Cash & Equivalents 17.771,778 Less Cash en Operating Accounts [836.731) Cash n Foundabons (5914.486) (6.751.217) Total Avaiablet Cash & Equivalents 11.020 561 JP Morgan Trading Account (cash. socialises. Demi/yes). FTC 75.1x609 JP Morgan TraSng ACCOunt (cash. steatites. Deneeves} HAZE 20.796 566 Mrketabie Securibin 4frhel 6.309.642 Investment Island Yacht Harbor (per JEE) 7000.000 investment KCAC LLC (at cost) 1.047.000 Sellornerts .06Z 76 000 000 Pannersha Investments 9763C 803 attached schedule) TOW • 288 949.181 Value Above 288.940.181 AdassImentS. Opereing Cash 836731 Loans Receivable 3.068.345 Total per attached eaketicri Schedule 292 874,257 • Investment partnerShpS are SutaeCt to walla* restnotievas on ethdrawels. and therefore. 292874.257 the timing of availabety of funds will be so Kneed EFTA01118681  J. EPSTEIN LL RELATED ENTITIES VALUATIONS CA SH.LJAEM4BES.INVESTMENTS 4/30/12 FINANCIAL TRAIT COMPANY 03/31/12 04/30412 0101112 YID Apt11 ACCOUNTS VALUATION PERFORMANCE J P MORGAN 7015003 /201.303 JP Morgan Tradit0Accoure 75.521 705 79149609 OTHER SANK ACCOUNTS 150.338 273.860 JAM 'Bear Steams) 6.103.511 5.944.731 INVESTMENTS AP TEDINClOGYBEON ELAM 250.000 250.000 AP SHL INVESTOR 1900000 1,000.000 TUDOR FUTURES 16.315213 16.256.799 15.917.403 236% -0,11% slIGHBRIDGE CAPITAL 18995298 18.031 151 17 097.994 546% -0 36% - • ML HERTZ 2870400 3.169921 RENAISSANCE INST COVEN FIEND 1272150 1933.745 1.731682 8774 • 84% hater, march BEAR STEARNS Asset Bided Smelts 17131/09 Yak 331952 331.082 Ervomornenlai Solemn. (Mock caskets) 1.055.597 461955 Seleements DB ZWARN SPECIAL OPPURTUMUES FUND 76,000.000 76.000.000 :me toomote Jeffrey Epstein INVESTMENT KCAC I LC fat com) 1.047.000 1.047.000 73777 INVESTMENT Wand Vndt Haber 17300 000 1930000 INVESTMENT Men Irc. (at cost) 502000 FT Real Estate (cash tame) 96.664 85.024 FT Real EslaIe • Investment n philso al met 920500 920.500 CHECKING/SAVINGS ACCOUNTS 1.642643 036.731 LOANS DUE FROM INDIVIDUALS 2.491,645 2.491.845 CORE CLUB NOTE 100.600 100.000 LYNN J43.10 HOUSE 456500 495.500 • • BROKERAGE ACCOUNTS JR., (Sea Steam) 666.114 666214 J P MORGAN 59795 56188 Ekemaly Truel 8044 8044 KALE nest HIGHEIVEDGE CAPITAL 33.181.991 33.082936 31.384.774 535% -036% !ONG STREET 21.559.381 21.0SS 869 21 123.753 384% 035% JP Morgan • CatA 4.126.652 2927281 JP Morgan 20.506.170 20.796.566 TOTAL 295,979.566 292974 257 THESE AMOUNTS DO NOT INCLUDE HOUSES. AIMIUMVEFIXTURES 6 OTHER ASSETS There N toronmalley $23 noon in Freedom As not roclucIed above EFTA01118682  JEE and Related Enid*. Cash Surf/nary 400/12 F IC JORt 3.827.370 JPM (Bear Sterns) 3.475.980 Bark accounts 273.860 7,577.210 JEE Bare accounts 838.731 538.731 JPM (Bear Stearns) 666.214 JPM 56.788 Butterfly Trust (Bear Steams) 8.044 1.567.777 MAZE Trust JPM 2.627.281 2.627.281 FT Real Estate 85.024 85.024 Epstein Interests 111.610 J Epstem VI Foundation 5.655.833 J EpsIM VI Found*,On(atcrued nI) 143.998 COUO 3.045 5.914.486 Total Can 17.771,778 17,771.778 This does rot Include cash in JP Morgan tradng account There is apprOxinalley $2 3 million n Freedom Air not Induded above EFTA01118683  Reconciliation of large items Value 3/31/12 295.979.556 Partnerships 33.318 see below JPM Trading account• FTC (377.097) JPM Trading account- HAZE 288.396 Securities (1.161.786) Dividends/interest 8.256 Appotb Dividend cash spent: JEE (1,807.552) FTC (106.476) Cash received from sale Of Bell 407 not included In this :wort cash received BSABS 17.622 change in ban account miscellaneous total 292.874.257 Value 4/30/12 292.874.257 Partnerships FTC TUDOR FUTURES (18.414) FTC HIGHBRIDGE CAPITAL (65.147) FTC ML HERTZ 98,231 FTC RENAISSANCE INST EQUITY FUND 61.595 Haze HIGHBRIDGE CAPITAL (119.455) Haze KING STREET 76,508 33.318 DBZ• This is based on the following assumptions: I) the fund WI recognize a withdrawal amount payable to Jeepers totaling 370 million 70.000.000 2) Jeepers will receive an interest of G Oubins ptshp interest valued at approx $3.8 million with a 5.000.000 barlectop payment from G. Dubin equal to the excess 0155 million over the aggregate value of all distributions made with respect to this investment 3) JEE will pay $1 million for Zwims interest in Corbin. JEE will rercieve all distributions upto S2 million 1.000,000 and the remaining distributions will be divided 50/50 between JEE and Zwirn 76 000 000 The June 30.2011 valuations(prior to the settlement) valued OBZ at 18.688.906 (May valuation) • 44.850.660 receivable . Total was 63,539,566. Thus the value as a result of the 576 million settlement increased by 12.460.434 from the valuation reported on June 30.2011 EFTA01118684  JEE and Related Entities Available Equity foe Investments 4/30/12 Securities Long ° Fair Market Value 4/30/12 3/31/12 gasillOSS) 13,198,711 Envmomental Solubons (stock certificate) 481.955 1.055.897 (593.942) 35.250 Ascana Retail (received for 75.000 TWIT) 1,443,840 1.582280 (110440) 151.494 ErvaroomeMal Solutions 5.302 12,120 (6.818) 20.000 Bombardier 84.665 83.026 1.639 21.753 JP Morgan 934.944 1.000.203 (65.259) 263.157 Apollo Global Management 3.378,936 3.757.882 (378,946) 8,309,842 7.471408 (1.161.766) JPM Trading (see attached) unrealized 5.742.439 Net P&I 2010 (1.519.390) reaiized•2010 (8.959.209) Net PtI 2011 (741,062) realized-2011 1,541,549 Net P&I 2012 4.883,581 reatized•2012 2,290,350 2.623.129 2.623.129 Investments alo 4/30112 at Fair Market Value FTC TUDOR FUTURES 18.296.799 FTC HIGHBRIDGE CAPITAL 18,031,151 FTC ML HERTZ 3,968,321 FTC RENAISSANCE INST EOLNTY FUND(March) 1.333.745 FTC ABS Trust (last valuation 7/31/09 FTC receives monthly distributions) 331,882 HAZE HIGHBRIDGE CAPITAL 33.062.536 HAZE KING STREET 21.935,869 FT Ready Advance Star LLC (cost basis) 700.000 FT Really Lofts 21 LLC (cosi basis) 220,500 JEE Mod Inc 500.000 96.380 803 FTC AP TECHNOLOGY(wnle dam) 250,0® FTC AP SHL INVESTORS Win down) 1.000.000 1.250.000 Total Partnership Investments 97,630,803 EFTA01118685  risantial Trust Company Analysis ri Investments love-unseat 'My unrealized 4/30/12 Garlloss) MI melt 12/15/05 5,100.000 distributor's 8/11/06 11.160.0211 destritorons 12/11/06 (560.006) ersterbusonr 7/26/07 12.449906) dolritstions 4/20/11 11,297,35n (1,358.2151 3,968.321 5,326,606 redemption parteershlph abroad and Mettler* no redemptions Mowed wins original Movement of 500,000 sb 212. Recthed ellstnbution of 112.744 and 92.269 sh of H72. Current undertone investment is 299986 sh HTE Valuation is based co the value 44H72 S/30/12 515.41/ 9m share/ 65 ABS 11/29/06 10.000.1700 Mstribseons (3.72/.0521 4.272,548 331.882 (5,941,046) Highbrdge Capeal Corp 1/11/01 25.000.000 thont000ns 2/28/06 125,0001200) 18,031.151 18.031.151 This represents the total of Inghtrelp Capital Corp. tad MB Multi.Stalegy HOkli4p ltd. Cr0 lwrn 4/19/02 10.000.000 8/30/02 )0.000.000 12/2/02 30.000.0200 6/2/03 10.005000 1/3/01 2000,000 80.003.CCO 76020.000 M000.0001 002. settlement The a bated on ten lotlowng assumptions he fundri M009084 a wthdrerral arnerell Parable to Jeerers leuenp 870 million 10.030.000 Jeeptre will raceme an merest o1G Dubin pimp Mora veined at approx $38 gallon oeh a S.000.000 Holdup wren' Yom G Outhn equal to me omen el $5 meson over the arapresote value of 10919o0051,920 lath insiimi to this investment 1E2 931 91951 million for brims Ntetest in Corbin. JEE will zerdeve distributaos unto $2 mason 1.000.000 bid its rermintrig 4MM:reborn wit be Ormled 50/50 bewast JBE md Zen 76,000.000 Sint Isom AP 7tchnctogy 1/9/02 910,562 7/7/07 (122.5701 7/14/08 1107,0181 4/24/10 1154,507) 526,417 250900 1276,6371 lifer lf ft AP Technology Mar. Nov 2000 1122.014 1/9/02 1.000,000 to AP SM. 1/9/02 1920,562, 11/23/07 (55,417) 1.256,101 1,009000 (256305) IM HE) Cingram Renaissance 8/21/06 1010000 1.533.745 323.745 March Tudor 1/30/01 1,000,CCO 16,296,799 11,29799 EFTA01118686  Haze Trust Analysis of Investments Investment FMV unrealized 4/3W12 Galn(loss) Highbridge Capital 4/20/99 10,041,666 33,062,536 23,020,870 This represents the total of Highbridge Capital Corp. and HB Multi-Strategy Holdings IS. King Street 11/1/99 10,000,000 7/28/10 50% redemption (20,090,787) (10,090,787) 21,935,869 32,026,656 EFTA01118687  ENHANCED EDUCATOR 4/30/17 MRTRERSHIPSS RECEIVABLES TOTAL CASH SECURITIES BEAR STEARNS 5.855.218 9511218 143.9903 BANK 144.61s 144 615 NW mutest darnel GOLDMAN SACKS TOTAL 5 799 831 5455 833 143 998 3.405.850 fame Group 11115)O9 7 5% (fece reduced by paydoms) • a dead! (Bee Steens et« Sinn Fact These stalenyerns *ant ffl ee bee by peydora) COW] FOUNDATION 400117 PARTNERSHIPS 8 RECEJVABLES TOTAL CASH SECURITIES BEAR STEARNS BANK 3045 9915 GOLDMAN SACHS TOTAL 3045 3 045 EPSTEIN NTERESTS 4/W17 PARTNERSHIPS S RECEIM0LES TOTAL CASH SECURITIES BEAR STEARNS BANK mie 111.610 111610 111 810 EFTA01118688  Environmental Solutions Shares Financial Trust Company Basis Date Shares Cost per share May-05 100,000 72,020.00 0.7202 (average) 4/21/05 2,352,941 2,000,000.00 0.8500 3/19/10 2,002,959 1,001,479.45 (includes 1,479.45 of interest on debentures) 0.5000 11/30/10 175,883 premium for conversion from 9% debentures 0 6/30/11 6,333,333 add'I shares based on 3/19/10 purchase for 0 consummation of bridge loan financing 6/30/11 2,333,595 280,031.40 subscription rts @ .12 on 4,531,783 shares 0.12 offer at .51494 sh per share 6/30/11 51,494 6,179.28 subscription rts @ .12 on 100,000 shares 0.12 offer at .51494 sh per share 13,350,205 3,359,710.13 78,199.28 at JP Morgan 3,2?1,510 certificate EFTA01118689  Bear Stearns Asset Backed Securities Orstribudons Recereed ETC Total Partnership & Trust Partnership Trust 1/9/08 1,047,291.00 1,047,291.00 3/12/08 431,015.00 431,015.00 4/14/08 147,707.00 147,707.00 5/14/08 147,707.00 147,707.00 6/16/08 135,377.00 135,377.00 7/16/08 110,711.00 110,711.00 8/21/08 110,615.00 110,615.00 9/25/08 110,578.00 110,578.00 10/29/08 92,127.00 92,127.00 11/25/08 85,95300 85953.00 12/22/08 /3,670.00 /3.670.00 1/23/09 73,670.00 73,670.00 2/20/09 73,614.00 73,61400 3/12/09 67,434 00 67.434.00 4/30/09 66,443.00 66,443.00 5/29/09 57,986 00 57,986.03 7/24/09 Note A 84,387.00 84,387.00 8/26/09 47,911.00 47,911.00 9/21/09 35,711.00 35,711.00 12/2/09 87,895.00 87)195.00 1/8/10 25,073 30 25,073 30 2/8/10 31,073.84 31,073.84 3/8/10 33,605.83 33,605.83 4/8/10 21,613.71 22,613.71 5/10/10 26,315.18 26,315.18 6/8/10 25,243.91 25,243.91 7/8/10 19,961.45 19,961.45 8/10/10 22,012.08 22,012.08 9/8/10 24,989.61 24,989.61 10/13/10 20,527.91 20,527.91 11/8/10 23,336.55 23,336.55 12/8/10 15,234.17 25,234.17 1/10/11 24,623.91 24,623.91 1/31/11 Note 8 25,793.17 15,793.17 2/8/11 26,966.92 26,966.92 3/8/11 26,313.00 26,313.00 4/8/11 21,112.25 21,112.25 5/9/11 11,557.96 21,557.96 6/9/11 18,678.74 18,678.74 7/8/11 16,690.35 16,690.35 8/8/11 15,596.19 15,596.19 9/8/11 16,810 22 16.810.22 10/12/11 15,819.76 15,819.76 11/8/11 17,377.32 17,377.32 12/8/11 17,832.49 17,832.49 1/9/12 18,088.73 18,088.73 2/8/12 18,611.56 18,611.56 9/9/12 19,767.40 19,767.40 4/9/12 17,622.23 17,622.23 Total 3,727,051.74 3,113,595.17 613,456 57 3,727,051.74 S g invested 510,000,000 In Bear Stearns Asset Sacked Securities On 11/29/06 Distributions are based on maturing assets NOTE A: (represents 2 months per 0orothy Orlofskyl NOTE 8: (audit adjustment in partnership) EFTA01118690