From: Eileen Alexanders iii To: jeffrey E. <jeevacation@gmail.com> Subject: RE: Bloomberg: Billionaire Leon Black’s Phaidon Press in Talks to Buy Artspace Date: Thu, 14 Aug 2014 14:48:02 +0000 Always and in this case specifically we are referring to Artspace being acquired and owned by a ‘Phaidon affiliated’ company From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Thursday, August 14, 2014 10:46 AM To: Eileen Alexanderson; Melanie Spinella Subject: Re: Bloomberg: Billionaire Leon Black’s Phaidon Press in Talks to Buy Artspace careful Please make sure that all references are to the Black Family ownership.. not leon On Thu, Aug 14, 2014 at 9:39 AM, Eileen Alexanderson wrote: He denies it, but we believe the co-founder, Chris Vroom, was the leak. This story and another hit yesterday morn. The second story had info about the price that only someone on the board could have known and it would not have been in the interest of the bridge loan guys to publicize the price. Keith and Catherine coordinated yesterday, both declined comment, but the reporter was aggressive yesterday and had information, part of which was inaccurate. So, very late yesterday Catherine did a brief interview, allowing a release of any story a few hours before the company press release this morn. Leon approved the release. From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Thursday, August 14, 2014 8:07 AM To: Melanie Spinella; Eileen Alexanderson Subject: Fwd: Bloomberg: Billionaire Leon Black’s Phaidon Press in Talks to Buy Artspace the contract said no press. the understanding was no press without approval.and | assume it was not our side. oo Forwarded message ---------- From: Richard Joslin [a Date: Thu, Aug 14, 2014 at 7:54 AM Subject: Bloomberg: Billionaire Leon Black’s Phaidon Press in Talks to Buy Artspace To: "jeffrey E." <jeevacation@gmail.com> From Bloomberg, Aug 13, 2014, 11:58:58 AM EFTA00720908

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|» Jhttp://www.bloomberg.com/image/itBmRaaK [8rA jpg Leon Black, the chairman and chief executive officer of private-equity firm Apollo Global Management, is a trustee of the Metropolitan Museum of Art and the Museum of Modern Art in New York. Photographer: Patrick T. Fallon/Bloomberg * Billionaire Leon Black’s art publisher Phaidon Press is said to be in talks to acquire Artspace.com as the race to join the online art market heats up, according to a person familiar with the matter. To read the entire article, go to http://bloom.bg/1prxkh1 Sent from the Bloomberg iPhone application. Download the free application at please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00720909

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please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@ gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00720910