EFTA01496754

November 29, 2003 - December 31,2003 Page 6 of 18 NES, LLC Primary Account Number JPMorgan Private Bank Important Information about Your Statement Personal accounts are subjat to the Deposit Accounts Agreement or the General Terms For Accotmts and Services. liminess accounts are subject to the Tams and Conditions for Commercial Accounts or the General Tams For Accounts and Services Your accounts. unless otherwise indica-1ton the Statement. are held by JPMorgan Chase Bank (the 'Bank'). Deposit accounts held at the Bank, including checking, savings, CI), and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or write to the Bank if you think your statement or receipt is swung. or if you need more intimation about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this gateman. The address for inquiries appears below. We must hair fmm you no later than 60 days aria we rent you the FIRST batsman on which the error or problem appeared. • Tell us your name and account number. • Describe the error or the transfix you are unsure about. and explain as clearly as you can why you believe it is an error or why you iced mote information. • Tell us the dollar amount of the suspected error. Please direct all inquiries to your Morgan Account Officer at JI'Morgan Private Bank Client Service 500 Stanton Christirma Road. I AlIPS3 Newark. DIE 19711-2107 We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale tran.sactions), we will recrcdit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If 'DU feel at error has taken place or have questions concerning a nonelectronic transaction. telephone or mite us within 30 days. The phone number is printed on the front of this statmient. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not hank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank. or its affiliates or any federal or state gm e rom en t or got ernment agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount Invested. The distributor of the JPMorgan Funds is 1PMorgan Fund Distributors, Inc. which is not al-Bharat with the Bank. The Bank and its affiliates receive compensation from the WhItspan Funds for ixovirling aavices to the funds. Read the 1I'Morgan Funds prospectuses carefully for derails, including fors and ex-Issues, before investing or sending money. 1PMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and 'Morgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not pan of, or affiliated with, the 1PMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P., which an: unaffiliated with 1I'Morgam are the funds' distributors and investment advisor. Reich & Tang Distributors Inc. is a manha NASD. The Bank is not a registered broker-doter. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Bole, is a manlier of NASIMSII'C. IRA Accounts Accounts of the Bank as trumee, or as discretionary bwestment manager for an EIUSA plan or on IRA that hold Fiduciary Shares (as described below) do not bear any portion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to 'Morgan Funds for which a rebate proems has bum established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee. or dimetionao- investment manager for an EFUSA plan or an IRA. which hold shares in the 'Morgan Funds other than Fiduciary Shares, the Bank receives fees for services front the JPMorgan Funds but waives account fees with respect to the funds so held. 'fiduciary Shares' means shares of JPMorgan Select Funds and Institutional Shares of the JI'Morgan Bond Fund II. 'Morgan Short-Term Bond Fund II. 1PMorgan Intermediate Bond Fund II. and Woman Large Cap Equity Fund held in Bank bunt aCCOUMS or in discretionary investment managanent accomus at the Bank held by ERISA plans or IRAs. "Rebate means an amount returned by the Bank to the account which holds the Fiduciary Sham. The rebate amount mimeses the potion of servicing fees paid to the Bank by the mutual fund with respect to Fiduciary Shams. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00020162 SDNY_GM_00289360 EFTA01496754