Power of attorney — annual review

Dear Mr. Epstein,

Per our annual review of the financial management arrangements between Mr. Leslie H. Wexner and J. Epstein & Co., please find enclosed the updated power of attorney documentation and the annual summary of transactions conducted under your authority during the fiscal year 2002.

Key items for your review:

1. Real estate transactions: The transfer of 9 East 71st Street has been finalized as previously discussed. All property records have been updated accordingly.

2. Trust administration: The various trust structures continue to operate as designed. Annual distributions have been processed per the schedule you established.

3. Investment portfolio: Total assets under your management on behalf of Mr. Wexner remain in line with expectations. Detailed performance reports are attached.

4. Philanthropic disbursements: Foundation grants totaling $[redacted] were processed through the Wexner Foundation per your instructions.

Mr. Wexner has approved the continuation of the current power of attorney arrangement for the coming year without modification. Please sign and return the enclosed documents at your earliest convenience.

If you have any questions regarding these matters, please contact our office directly.

Sincerely, [Redacted] Attorney at Law Counsel to Leslie H. Wexner