EFTA02711802

From: Richard Kahn < Sent: Monday, June 8, 2015 8:29 PM To: jeffrey E. Subject: Fwd: Fortress Value Recovery Fund I LLC - Investor Communication Attachments: VRF LLC Letter 2015 03.pdf; Untitled attachment 00171.htm Jeepers has received a 244,778.23 distribution from Fortress =alue Recovery Fund Per backstop agreement money =ust be delivered to Dubin within 5 business days and once 4,375,302 is =aid back to Dubin Jeepers will then receive 100% of distributions from =ortress Fund Attached O1 summary shows that as of 3-31-2015 Fortress Value =ecovery Fund had a Net Asset Value of 86,000,000 It =ppears unrealistic that Jeepers will receive any additional funds as =heir ownership % of fund is 1.112996% Summary to date: funds received from dubin 10-6-2014 =/span>4,375,302 distribution and payment to dubin =1-12-2014 =/span>(222,549) distribution and =ayment to dubin 12-31-2014 (166,911) distribution 6-8-2015 =/span> =(244,778) balance due to dubin before jeepers =eceives $ =/span>3,741,064 please advise if ok to =end dubin 244,778 Jeepers just received thank =ou Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 tel fax cell Begin forwarded message: From: Fortress VRF Investor Relations <fi To: Cc: "Jeanne Brennan Subject: Fortress Value Recovery Fund I LLC = Distribution Date: June 3, 2015 at 11:50:05 AM EDT EFTA_R1_02127343 EFTA02711802 Richard, Please note a Fortress Value Recovery Fund I LLC (the =E2 Fund") cash distribution with respect to the interest =n the Fund held by Glenn Dubin will be wired on June 4, 2015 in the =elow amount. The distribution is effective May 1, 2015. =ursuant to the Assignment of Economic Interest Agreement dated as of =ugust 1, 2011 between Glenn Dubin and Jeepers, Inc., the amount will be =istributed to Jeepers, Inc. in accordance with its wire =nstructions on file with the Fund. Glenn Dubin: $244,778.34 wired to Jeepers Inc., Bank =f New York Please contact Nicole Higgins a ith any =uestions. Thank you, Fortress VRF Advisors I LLC Fortress VRF Investor Relations Fortress Investment Group 1345 Avenue of the Americas New York, NY 10105 Begin forwarded message: From: =/b>Fortress VRF Investor Relations =1 To: Fortress VRF Investor Relations < Subject: =/b>Fortress Value =ecovery Fund I LLC - Investor Communication Date: =/b>June 8, 2015 at 4:04:09 PM =DT Dear Investor, 2 EFTA_R1_02127344 EFTA02711803 &nb=p; . Attached please find a Fortress Value Recovery Fund I =LC investor communication. Fortress VRF Advisors I LLC Fortress VRF Investor Relations Fortress Investment Group 1345 Avenue of the Americas New York, NY 10105 3 EFTA_R1_02127345 EFTA02711804