EFTA00696207.pdf

From: Richard Joslin <1 To: jeffrey E. <jeevacation@gmail.com> CC: accounting Subject: FW: for JEE Date: Mon, 09 Jun 2014 16:49:28 +0000 Attachments: Globa12.pdf; LDB_043014.pdf; TRA_Details.pdf The Empire valuation methodology was used in the "TRA details" file. Empire has outdated numbers with regard to 2007 portion (revaluation due to projected utilization — projected taxable income) and future TRA (updated Duff & Phelps valuation of management company side of Apollo business, ie APO Corp) From: Richard D'Agostino Sent: Monday, June 09, 2014 12:18 PM To: Richard Joslin Subject: for JEE EFTA00696207