EFTA01507325

06 12004 Account Number: FINANCIAL TRUST COMPANY INC June 01, 2004 - June 30, 2004 J.P. Morgan Securities Inc. 270 Park Avenue, New York, NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 72 of 72 IMPORTANT INFORMA TEM ABOUT YOUR JPMSI MARGIN ACCOUNT If there me any &Mr, of Cattail on rites statement, oral you have any questions about& plate corner Yaw JAWS, 884088"4#88100five or •IPASSI ComPlanC4 04PannkaM at (21211112323. Reese keep the kabwing n mad when wag Ibis statement to beak your JPMSI brokerage ocavey This statement combats maur general Imago &scant with the venal memorandum account requEed by Seaton 220 6 Reigulatan T As required by Regubbon T. a pet manent mead 0..)w separate account ss eriatiabie upon ion regal Important tMamenon about Pelting and Valuation& Poop some of wench ans provided by acing seams a w' etch no deem rehab* eve not guranteeed Ia *cosy or ss metastasis naves Free cram Mapes rasa' account ate not segregated and may be used n Use camshaft of JPMSts business subset( 10 The anelliMons of SEC Nub 15033 U*es cabman° inalmaed. JPM,9 ads agents and depcplentss war had yon aecunbes Upon yew detainee JPMS1 nall pay to you the amount (Asa" free aeal babnce. and snI Pante to you foonsed aseunree heal On you Dakotey tolerate met be0*W on any debit balance the meaqd ofcakutang 3 dew bed ma Mier sent Pau margsn coalman Upon soften 'Squeal JPMSI wren supply you We CX/ nest Want statement required to be Wished to Customers under SEC Role 170-5(c) If. petal oil is made wan respect so an issue cleanse:we included in your Maga Account we well Saes the call bye method is. doom tih r and equitable You shwa have mewed sopa:goSPAS& *ado contonabons la each secuntos transacton AO therksactions,wo svbfact tithe MOW and 030C141003 salad on tro roarso sat d inch conlymatans and wo subsea maws constaaon by-laws aatorra and inkieproestans ol the moekomlaces nee* executed and gowomed by and construed a accordance wan the laws of the state of New Yak and all op/meanie Waal sans and tegulebons You meat promptly Was* JPMSI d mawl changes in you rmestment °aptness a Mama/ Puation Unless you Mom JPMSI oMorwao JPMSI wit consider mo Marna's° cumently in as has to be compams and accurate JAMS; AS leisured by law to rent to the Intend Revenue Service eV Macleod s afallor interest 'MOMS on bonds gadded as your account Arno calends yaw Pease reran 0 )w StakVrellb to ass 0:10:4 Al prep" nog you acme tat means A finance statement of JPMSI u avadabb firma personal ampecbon at Rs onkel or e copy or it will be mated upon you waren request. JPMSI a °cream', and is a separate legal °Mayer= as bank a tents affikeeca inctskno JPMCS The sates sold aimed a recommended by JPMSI Ana not nn old by the Federal Deposit Insurance Caporebon a any other gave ranenttelagency 0 Ne not deposits a Other obegalons a JPMSla Dana a WIT at/Mates (unless canwwise adarobd) and are not guaranteed by or the responsantrly Cl any such OthislaRunless emIcaly staled akenease) and (3) knave avestmentraks eickaiing possible loss Cl the primal., imeskd JPalSla banking allthetes may be lenders to issue's of sem nbas that JPMSI undeawrgess each case pecceeds of deems* undenwaen by JAMS, may be used kf the rearayment or such loans and you shoulf rata to the clacbswe documents retting to pat ?cube seaways for discussion of any such kmding milelkonships The Federal Reserve Wanks Net JPMSICatem yOw consent Waned Can Catan certain k anealan Sande bank a Mal ehiealea ackding pew credit evaluator 04104/ We 060 .$50/110 then kw contemn° b bansact b11$.0039 n,e JPMSI wit COMMA. your 00n liM110 the plating of such Infer'Tenon by JPMSI and its bank or Wit arrernba IOU* e. lent pef milted by Mw JPMorgan Ma'am Bankable maketag name for the pm** banking business conducted by J P MOnlan Caen 6 CO tfaCafth Rs alallaldanea waldeialk °IMAM 'PUCE and JAWS' Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032351 SDNY_GM_00301549 EFTA01507325