EFTA01127106.pdf

LEON BLACK PLEDGED ART 6-Jun-12 Pledge of a total of Total of 51 pieces of fine art that includes a description, FMV and location. Those pieces in Red are to Be Released- #s 14 & 31 Those pieces in Blue are to be Added as Collateral June, 2010 Existing Pledge As of February 7.2012 Sotheby's Appraisal 1 Pierre Bonnard $ 6,000,000 $ 8,000,000 Jeunes femmes au jardin, circa 1921-23; reworked 1945-46 Oil on canvas 23 7/8 x 30 3/8 inches Located New York, New York 2 Gorges Braque $ 3,500,000 $ 3,500,000 Le gueridon , 1911 Signed on reverse Oil on canvas 16 x 13 inches Located New York, New York 3 Edgar Degas $ 2,500,000 $ 2,500,000 Aux courses, 1878 Oil on canvas 71/2 x 9 5/8 inches Located New York, New York 4 Alberto Giacometti $ 22,500,000 $ 22,500,000 Figure Moyenne II, 1947 Bronze with gold patina, unique Height 51 inches Located New York, New York 5 Arshlle Gorky $ 4,000,000 $ 4,000,000 Study for Agony Signed and indistinctly dated White gouache, colored crayon, charcoal and pastel 40 x 51 inches Located New York, New York EFTA01127106 13 JabksOn Pollock $ 4,000,000 $ 5,000,000 Number 8, 1951 Signed and dated lower right Dripped and blotted black inck, colored inks and drops of white oil paint on mulberry paper, tipped on the four corners to a thick support paper by the artist 24 3/4 x 39 inches Located New York, New York 14 Mark Rothko $ 35.000,000 - To Be Released Untitled Signed and dated 1961 on the Reverse Oil on Canvas 93 1/2 inches x 80 1/2 inches 15 Richard Serra $ 3,500,000 $ 3,500,000 Torqued Ellipse IV, 1998 Weatherproof steel 12 feet 3 incheas x 26 feet 6 inches x 32 feet 6 inches Located in Bedford, New York 16 Richard Serra $ 4,000,000 $ 4,000,000 Double Torqued Ellipse II, 1998 Weatherproof steel Outer ellipse: 11 feet 9 inches x 25 feet 6 inches x 36 feet Inner ellipse: 11 feet 9 inches x 2 Located Bedford, New York 17 Richard Serra $ 4,000,000 $ 4,000,000 Betwixt the Torus and Sphere , 2001 Weatherproof steel; three spherical sections, three torus sections, unique Overall: 11 feet 10 inches x 37 feet 6 inches x 26 feet 7 inches Located Bedford, New York 18 David Smith $ 6.000,000 $ 7,000,000 Voltri-Bolton I, 1962 Signed, titled and dated 12.662 on the base Steel 112 1/4 x 44 7/8 x 15 1/2 inches Located Bedford, New York EFTA01127107 19 Vincent Van Gogh $ 5,000,000 S 6,000,000 .Wheat Field with Sheaves, 1888 Pencil, pen quill and sepia on wove paper 91/2 x 12 1/2 inches Located New York, New York Subtotal of new pieces fo be pledged (June 2010) $ 156,000,000 $ 128 500,000 Fine Art Currently Pledged to the Bank (Prior to June 2010) 20 Max Beckmann $ 10,000,000 $ 10,000,000 Tanzerin mit Tamburin (Dancer with Tambourine), 1946 Oil on canvas 57 1/2 x 35 x 1/4 inches Located Bedford, New York 21 Constantine Brancusi $ 27,500,000 $ 30,000,000 La Muse, 1918 Umiestone base and Turntable Mounting Polished bronze with limeston artists base Height 17 3/4 Inches Located New York, New York 22 Paul Cezanne $ 17,500,000 $ 22,500,000 Le Chateau Noir, 1904 Oil on canvas 27 1/4 x 32 1/2 inches Located New York, New York 23 Paul Cezanne $ 15,000,000 $ 20,000,000 Corriere de Bibemus, 1898 Oil on canvas 25 5/8 x 21 1/4 inches Located New York, New York 24 Paul Cezanne 9,000,000 $ 9,000,000 Grenade et poires dans une assiette, 1885 Oil on canvas 10 3/8 inches x 14 1/8 inches Located New York, New York EFTA01127108  $ 10,000,000 $ 10,000,000 25 Paul Oezanne Redo Crane sur tine draperie (Skull and Draper), 1902-06 Pencil on Paper; Verso water color and pencil on paper 12 x 18 1/8 inches Located New York, New York $ 45,000,000 $ 55,000,000 26 Paul Cezanne Le Marin or Le Jardinier Vallier vu de face, 1902-06 Oil on canvas 39 1/2 x 32 inches Located New York, New York $ 6,000,000 $ 6,000,000 27 Jacques-Louis David Portrait de Francois-Antoine Rasse, Prince de Gavre, 1816 Oil on canvas 28 1/2 x 23 1/2 inches Located New York, New York $ 20,000,000 $ 20,000,000 28 Edgar Degas Danseuses, 1899 Pastel on paper laid down on canvas 25 x 23 3/4 inches Located New York, New York $ 7,000,000 $ 7,000,000 29 Edgar Degas Le Repos, 1893 Pastel on Board 19 x 3/4 x 25 1/4 inches Located New York, New York 30 Eugene Delacroix $ 11,000,000 $ 11,000,000 Choc de cavaliers arabes, 1833-34 Oil on canvas 32 x 40 inches Located New York, New York $ 15,000,000 - Sold 31 Femard Leger Composition To Be Released 32 Juan Miro $ 17,000,000 $ 20,000,000 Corde et Personnages ll (Rope and People II), 1935 Oil and rope on cardboard 29 3/8x 41 3/4 inches Located New York, New York EFTA01127109 33 Juan Miro $ 12,500,000 $ 15,000,000 Spanish Dancer, 1928 Chalk on grey firous flocked paper collaged with plster on sandpaper. 43 1/8 x 28 inches Located New York, New York 34 Piet Mondrian $ 12,500,000 $ 15,000,000 Composition C with Gray and Red, 1932 Oil on canvas with original artists frame 24 1/4 x 24 1/4 inches Located New York, New York 35 Claude Monet $ 40,000,000 $ 45,000,000 Nympeas , 1904 Oil on canvas 35 1/2 x 36 1/4 inches Located New York, New York 36 Henry Moore $ 5,000,000 $ 6,000,000 Two Piece Reclining Nude: Points, 1969 Bronze with Green and Brown patina 90 x 143 3/4 x 72 inches Located Bedord, New York 37 Edvard Munch $ 14,000,000 $ 15,000.000 Melancholy, 1891 Oil on canvas 28 1/4 x 38 1/2 inches Located Bedford, New York 38 Pablo Picasso $ 20,000,000 $ 25,000,000 Femme Nude '09, 1909 Oil on canvas 35 x 28 1/8 inches Located New York, New York 39 Pablo Picasso $ 12,000,000 $ 12,000,000 Fernande Olivier, 1909 Cast by Vollard, Bronze Height 16 3/4 inches Located New York, New York EFTA01127110 40 William Turner $ 16.000,000 $ 16,000,000 Goklau, 1843 Watercolor with scraping out 12 x 18 1/2 inches Located New York, New York 41 Raffaello Sanzio (called Raphael) S 43.260,714 $ 47,941,095 Purchase Price head of Muse, black chalk over pounce marks, 12 x 8 3/4 inches (urbino 1483-1520 Rome) Located New York, New York Sub total of existing collateral S 385,260,714 $417,441,095 Total of Art Pledge to the Bank S 541,260,714 $ 545,941,095 Collateral Value at a 50% Advance Rate S 270,630,357 $ 272,970,548 Fine Art to be pledged to the Bank (June. 20121 42 Femand Leger $ 35,000,000 Femme cousant 1914 Oil on Canvas 35 5/8 x 281/4 inches Located New York, New York 43 Sir Anthony Van Dyck $7,505,000 Purchase Price Two Studies of Bearded Man Oil o Canvas 18 1/4 x 25 112 inches Located New York, New York 44 Francisco De Goya $12,000,000 Bull held by a Coard, 1793 Oil on tin Plate 16 7/8 x 12 1/2 inches Located New York, New York 45 Henri Matisse $48,802,500 Purchase Price Nu S dos, 4 etat (Back IV), 1930 cast in 1978 Bronze with dark brown patina Height: 74 1/2 inches Located New York, New York EFTA01127111 46 Henri Matisse $13,000,000 Figure decorative Bronze with rich brown patina Height: 28 3/4 inches Located New York. New York 47 Henri Matisse $12,500,000 Amphitrite, 1947 Gouache, pencil, paper and colored paper collage 33 5/8 x 27 5/8 inches Located New York, New York 48 Vasssily Kandinsky $27,500,000 Improvisation 8, 1909 Oil on Canvas 49 1/4 x 28 3/4 Inches Located New York, New York 49 Vassily Kandinsky $33,000,000 Skin fur Sinfflut II (Sketch for Deluge 1912 Oil on Canvas 37 1/2 x 42 112 inches Located New York, New York 50 Egon Schiele $25,000,000 Flusslandschaft mit zwei Baumen (River Landscape with Two Trees). 1913 Oil on Canvas 35 x 35 7/8 inches Located New York, New York 51 David Smith $22,000,000 Cubi 11, 1962 Stainless Steel 130 1/2 x 36 7/8 x 23 7/8 inches Located Bedford, New York 52 Alexander Calder $18,000.000 Spunk of the Monk Painted steel 132 x 295 x 166 inches 53 Edgar Degas $12,500,000 Race Horses (Les chevaux de courses), 1871-72 Oil on Cradled panel 12 3/4 x 15 7/8 inches Located New York, New York EFTA01127112 Subtotal of new collateral $ 266,807,500 Subtotal of existing collateral $ 545,941,095 Total Art Pledge to the Bank $ 812,748,595 Collateral Value at 50% Advance Rate 8406,374,298 EFTA01127113