## Ghislaine Maxwell P.O. Box 308 Teaneck, NJ 07666-0308

November 23, 2016

Scott Stackman and Lyle Casriel UBS Private Wealth Management 1285 Avenue of the Americas, 38th Floor New York, NY 10019

## RE: Transfers to Angara Trust

Dear Scott and Lyle:

Please use this letter as authorization to transfer \$14,200,000 (PSDYX and cash) from account EM, titled Ghislaine Maxwell to account titled Angara Trust.

Also, please also complete the following transfers

| Transfer Entire Account Balance (Cash & Securities): |                          |
|------------------------------------------------------|--------------------------|
| FROM.                                                | titled Ghislaine Maxwell |
| TO:                                                  | tiled Angara Trust       |
| FROM:                                                | titled Ghislaine Maxwell |
| TO:                                                  | titled Angara Trust      |
| FROM:                                                | tilled Ghislaine Maxwell |
| TO:                                                  | titled Angara Trust      |

Sincerely.

Ghislainc Max 'ell