EFTA02517133

From: Richard Joslin < Sent: Thursday, November 6, 2014 4:17 PM To: jeffrey E. Subject: FW: Schiele Fyi — I will add=to the cash flow projection From: Heather Gray Sent: Thursday, November 06, 2014 10:59 AM To: Eileen Alexanderson; Ada Clapp; Richard Joslin Cc: art; accounting Subject: FW: Schiele FYI — Leon was t=e successful bidder on a Schiele at Christie's last night. Ham=er price plus buyer's premium is $2,965,000 (not including sales tax= and the APO1 trust will be purchasing this work. From: Melanie Spinella [mailto Sent: Thursday, November 06, 2014 10:52 AM To: Heather Gray Cc: Barry J. Cohen Subject: RE: Schiele That's it!<=o:p> From: Heather Gray Sent: Thursday, November 06, 2014 10:51 AM To: Melanie Spinella Cc: Barry J. Cohen Subject: RE: Schiele > Thanks, Melanie. =1 assume it is this one, which is beautiful! http://www.christies.com/lotfinder/paintingstegon-schiele- stadt-am-blauen-f=uss-5840850-details.aspx?from=salesummary&intObjectID=5840850&=id=310ea5b3-97d2-4dac- ac11-207189a3d77d <http://www.christies.com/lotfinder/paintings/egon-schiele-stadt-=m-blauen-fluss-5840850- details.aspx?from=salesummary&intObjectID=5=40850&sid=310ea5b3-97d2-4dac-ac11-207189a3d77d> EFTA_R1_01652282 EFTA02517133 Best, Heather From: Melanie Spinella [mailto Sent: Thursday, November 06, 2014 10:45 AM To: Heather Gray Cc: Barry J. Cohen Subject: Schiele >1 Leon wanted me to let you know that he purchased a S=hiele watercolor at last night's auction at Christies, that the APO1=Trust will be paying Melanie Spinella I Apollo Management 9West 57th Street, New York, New York 10019 Assistant to Leon D. Black This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged </=re> material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this=/pre> information by persons or entities other than the intended =/pre> recipient is prohibited. If you have received this email in error please contact the sender and delete the material from any computer. Apollo Global Management, LLC This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged </=re> material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this=/pre> Executive 2 EFTA_R1_01652283 EFTA02517134 information by persons or entities other than the intended =/pre> recipient is prohibited. If you have received this email in error please contact the sender and delete the material from any computer. Apollo Global Management, LLC 3 EFTA_R1_01652284 EFTA02517135