EFTA01118717.pdf

EFTA01118717 Valuations 5/31/12  EFTA01118718 JEE and Related Entities Investment Summary 5/31/12 Cash 8 Equidants Financial Trust Company. (see note below) 7.576.903 J EpSIN1 1.372.295 HAZE Trust 1,627.405 FT Rea! Estate 85.044 Epstein Interests iii.610 J Eastern VI Foundation 5.795,448 COUCI 3,045 Total Cash 8 Equivalents 16,571.840 Less Cash in Operating Accounts (641.162) Cash in Foundations (5,910 103) (6,551.285) Total Available Casn & Equivalents 10 020.555 JP Morgan Trading Account (cash, securities. Derwnwes)• FTC- See Note A 71.474,607 JP Morgan Trading Account (cash. securities, Dnndnesl- HAZE 20.747.645 Marketable Securities -(frns.) 6863,375 Investment Island Yacht Harbor (per JEE) 000.000 Settlements -DBZ 76.000.000 Partnership Investments 96 934.190 (see attached seised's:4H Total' 283 040 972 Value Above 283.040.372 Adiuslments Operating Cash 641.182 Loans Receivable 2,201.845 Total per attached vauation schedule 285 883.399 • Investment partnerships are subject to various restncbons on withlrawaLs, and therefore. 285.883 399 the temp of availability of funds will be so limited NOTE A The JPM trading account was funded wth 575 Milton. During July 2011 we withdrew S 52.478.520 On 5/22/12 the account was reduced by $1.330,000 for the purchase of 35.000 shares of Facebook  EFTA01118719 J. EPSTEIN 6 RELATED ENTITIES VALUATIONS CASHLIAINUTIES,INVESTMENTS 6131112 FINANCIAL TRUST COMPANY 04/30/12 0.501112 01/01112 YTD May ACCOUNTS VALUATION PERFORMANCE J P MORGAN 7206.306 6.964.376 JP Morgan Trading Accami 75.144.45041 71.474.607 Facebook (35.000 shares al JPM) 1,036,000 Other Bare Accounts 274.200 190.316 JPM !Bear Steams) 5244,731 5.629247 INVESTMENTS AP TECHNOLOGY(LEON BLACK) 250.003 250.000 A P SHL INVESTOR 1.000,000 1.000.000 TUDOR FUTURES 18297.186 14.557 507 15.917 403 402% 1.60% HIGHBRIDGE CAPITAL 18232.934 17,874 214 17,097,994 454% -0.88% ML HERTZ 3.968,321 3.490.440 RENAISSANCE DIST EOUITY FUND 1.333,745 1.345.485 1.231.682 924% 088% Mart Alt BEAR STEARNS Asset Backed Socrates (7/31/09 Yak 331.882 331 882 Environmental SobAions tot cerlicote) 461,955 620.339 Settlements 013 2WIRN SPECIAL OPPURTUNITIES FUNO 76.000,000 76.000.000 see /Demote Jeffrey Epstein INVESTMENT Island Yo3m Harbor 1600.000 1.003.000 FT Real Estate (cart balance) WON 85,044 FT Real Estate • Investmem in Aisne a cost 920,500 920.500 FT Real Estee - Esaenv -Columbia Headings 500,030 500.000 CHECKING/SAVINGS ACCOUNTS 787.918 641.182 LOANS DUE FROM INDMDUALS 2.491245 2.101 846 CORE CLUB NOTE 100,000 100.000 BROKERAGEACCOUNTS JPM (Bea Stan) 668.214 668.281 J P MORGAN 56,788 56.788 &Manly Trost 8.044 8.044 HAZE Trust HIGHBRIDGE CAPITAL 33.088,186 32.806,822 31.384.774 4,53'% 088% KING STREET 21.995.814 21257,240 21.123.753 347% -063% JP Maroon - Cash 2.627,281 1.627.496 JP Morgetveronagea =cram 20.796,566 20747.645 TOTAL 291.380278 285.883.399 THESE AMOUNTS DO NOT INCLUDE HOUSES. A/RPLANE,FCCURES &OTHERASSETS There is opmackaley 32.3 neon in Freedom AP not included strove an 6/1112, 32 millea went to Mid JEE  EFTA01118720 JEE and Related Banes Cash Summary 5/31112 FTC JPM 3493.334 JPM (Bear Steams) 3.493,253 Bank accounts 190,316 7.576.903 JEE Bank accounts 841.162 841 182 JPM (Bear Stearns) 686.781 JPM 56.788 audacity Twit (Bear Steams) 8.044 1.372.295 HA7F Trust JPM 1627,495 1.627.495 FT Real Estate 85.044 85.044 Epstein Interests 111,610 J Epstein VI Foundation 5.651,450 J Epstein VI Foundation(accrued in0 143.998 COU0 3.045 5.910.103 Total Cash 18.571.840 15 571.840 tlics does not include cash in JP Morgan trading account There is approximates 32 3 (moron m Freedom Air not incruiled above on e(1/12. 32 Million went to fund JEE  EFTA01118721 Reconciliation of large items Value 4/30/12 291.380.678 Partnerships (794.347) see below JPM Trading account- FTC (2.340.002) JPM Trading account- HAZE (48,921) Securities (776.267) Dividends/interest 928 Appollo Dividend 65.789 cash spent : JEE (1.536.736) FTC (84,524) cash received BSABS 16.801 miscellaneous total 285.883.399 Value 5/31/12 285,883,399 Partnerships FTC TUDOR FUTURES 260,322 FTC HIGHBRIDGE CAPITAL (158,690) FTC ML HERTZ (477,881) FTC RENAISSANCE INST EQUITY FUND 11,740 Haze HIGHBRIDGE CAPITAL (291,264) Haze KING STREET (138.574) (794,347) DBZ- This is based on the following assumptions: 1) the fund will recognize a withdrawal amount payable to Jeepers totaling $70 million 70,000,000 2) Jeepers will receive an interest of G Dubins ptshp interest valued at approx 53.8 million with a 5,000,000 backstop payment from G. Dubin equal to the excess of $5 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 $2 million 1,000.000 and the remaining distributions will be divided 50/50 between JEE and Zwim 76 000 000 The June 30,2011 valuations(prior to the settlement) valued DBZ at 18,688.906 (May valuation) + 44,850660 receivable . Total was 63.539,566. Thus the value as a result of the $76 million settlement increased by 12.460,434 from the valuation reported on June 30,2011  EFTA01118722 JEE and Related Enbtes Available Emmy for Investments 531112 Securities Long raFair Marto Value 5131112 4130112 gain(loss) 13.198.711 Envmomental Solutions sled( certificate 620,339 481,955 158.384 95,250 Ascent' Retail at JPM (formerly Bear Stearns) 1,334.565 1,443,840 (109.275) 151.464 Envimomental Solutions at JPM (formerly Sear Stearns) 7,120 5,302 1,818 20.000 Bombard"( JPM (formerly Bear Stearns) 73.197 84.665 (11.468) 21.759 JP Morgan at JPM (formerly Bear Stearns) 721,112 934.944 (213,632) 263.157 Apolo Global Management at JPM 3.071.042 3.378.936 (307.894) 35.000 Facebook at JPM 1.038.000 1,330,000 (294,000) soviiihrowis 8,883,375 7,639.642 (778.267) JPM Trading (Ste attached) unrealized 3.369.300 Net PSI 2010 (1.519.390) realized-2010 (6959.209) Net PSI 2011 (741,062) realize:1-2011 1,541.549 Net P812012 2.543.579 realizoC 7017 2331.487 283,127 S.1.12r Investments aro 911/12 at Fair Marital Value FTC TUDOR FUTURES 16,557,507 FTC HIGHSRIDGE CAPITAL 17,874,214 FTC ML HERTZ 3.490.440 FTC RENAISSANCE MST EQUITY FUND(Mirch) 1.346.485 FTC ABS Trust (last valuation 7/31/09 FTC receives monthly Oistrtubons) 331.882 HAZE HIGHBRIDGE CAPITAL 32,808,922 HAZE KING STREET 21.857.240 FT Really Advance Star LLC (cost basis) 700,000 FT Realty Lofts 21 LLC (cost bass) 220,600 FT Realty Escrow -Columbia Holdings 500.000 05 684 190 FTC AP TECHNOLOGY(wrte down) 250.000 FTC AP SHL INVESTORS (write down) 1000,000 1 250 000 Total Partnersro investments 96.934.190  EFTA01118723 ENHANCED EDUCATION 5/31112 PARTNERSHIPS RECEIVAI3LES TOTAL CASH SECURITIES BEAR STEARNS 5 650.942 5.508.944 143 998 BANK 144.508 144.508 AnalInterest payment GOLD/IAN SACHS TOTAL 5395,448 5.851450 143 998 3.485.850 Stove GCW 11/15/109 7.5% (face reduced by 05/1884410 delatA IJPM ♦lows S 6616644 These statements deal Hauge lace by paydoens) COUO FOUNDATION 6131/12 PARTNERSHPSB RESEMBLES TOTAL CASH SECURITIES BEAR STEARNS BANK 3 045 3.045 GOLDMAN SACHS TOTAL 2015 3015 EPSTEIN INTERESTS 5131112 PARTNERSHIPS RECCWAOLES TOTAL CASH SECURITIES (YEAR STEARNS BANK 111.610 111.610 111.610 111.610  EFTA01118724 Flaue Trust Comparry Autalysis of Investment usetment sei unfrohes, 5/31/12 Gselots) Mt Pelz 11/15/05 5.100)200 danteSons 8/11/06 (.160.021) detuartons 12/11/06 (560.806) tetribusens 7/26/07 (2.440,905) tedbuttorts 4/20/11 (1.297352) (1,358)85) 30490,440 4.848.725 mieteten pareenhipts dielte ate thefaxe fe reemptentallbed sahn egal Invetnem o1500000 UI Hit lease timaule, of 112.744 and 92,269 sh of Kn. Currem sendeten. Inestment Is 294.986 ih Kn Valueen is basal on the aha of HR (5/31/12 51861/per Ase/ 05 US 11/29/06 18000,080 denedons (3,743,853) 6,254,147 332182 (5,924,2651 ilighedie Goal Corp 1/11/02 25,000.000 etnbetons 2/28/06 (25,800.000) 18,031,151 18,031,151 nis tegiveseen ihr tote of Hehedge Opal Corp. and HO heulhamm Holdes Ltd. D8 bim 4/29/02 10,000.600 8/30/01 10,000.800 12/2/02 30.000/100 611/0) 20.000.000 1/3/05 20 000.000 80,000,020 76,010.060 (4.0015000) DU- eillomont Ths s best on 9w faireng eslumptons MO fei wi teere ereeceel arme peelio to Jwpen Icube 870 mein 70,808000 Jeden oll feine en mau of 0 Date ise gaffe rase et eire $3 nben walle 5.083,080 Wickie eine« from G Q10neNsetodweaNOo185miM1onerM9wa99mDMewMuedaH cenbutles mach *Oh matt to Ihn .fteetroent 1EEwaperslmaenlprZwirntm4mtlnCmbinREwirertiaweaedpribueensupae$2mdeen 1.008000 ad IN ernenn dentbeens ei be *ade 50/50 Name JEE sehen 76.010,000 Ap5NL Item» Technology 1/9/02 910,562 7/7/07 (122.370) 7/14/08 (107048) 4/24/10 (254807) 526,437 250.000 (276,437) per ME) AP achnote Mao Nov 20:0 1,222,084 1/9/02 1,000.000 To Aff 1/9/02 (910.562) 12/13/09 (55,4171 1,256,105 1,000,010 (256.105) tat ;Et) Cleroup RonNISOna 1/21/011 1,010.000 1,145,405 333.415 spe Tu de 1/30/02 5.060600 16,557,507 11,557.507  EFTA01118725 Haze Trust Analysis of Investments Investment FMV unrealized 5/31/12 Gain(loss) Mghbridge Capital 4/20/99 10,041.666 32,806,922 22,765,256 This represents the total of Highbridge Capital Corp. and HE Multi•Strategy Holdings ltd. 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