EFTA01496769

January 01, 2004 - January 30,2004 Page 7 of 22 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 an: subject to the Tams and Conditions for Commercial Accounts or the General Tams For Accounts and Services Your accounts. unless otherwise indicated on the Statemen t. are held by JPMorgan Chase Bank (the sliank'). Deposit accounts held at the Bank, including checking, savings, CD, and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or woe to the Bank if you think your statement or receipt is wrung. or if you need more intormation 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 after we sem you the FIRST lineman on which the error or problem appeared. • Tell us your name and account number. • Describe the error or the transfix you an: unsure about. and explain as clearly as you can why you believe it is an era or why you need mote information. • Tell us the dollar amount of the ampected error. Please direct all inquiries to your Morgan Account Officer at JI'Morgan Private Bank Cliart Service 500 Stanton Christiana Road. I /CIPS3 Newark. Dli 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 m 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 examtne your account at once. If you feel an error has taken place or have questions concerning a non-electronic transaction. telephone or mite us within 30 days. The phone number is printed on the front of this statement. 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 Clime Bank or its affiliate, or any federal or state gm e rom en t or gm 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 JPMorgan Fund Distributors, Inc. which is not affiliatal with the Bank. The Bank and its affiliates receivecompensation from the JPNlinpan Funds for providing services to the funds. Read the Jl'Morgan Funds prommtumric.arefully for Mails, including fees and ex-fairies before investing or smiling money. JPMorgan 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 JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P.. which an: unaffiliatal with JPMorgiert are the funds' distributors and investment advisor. Reich & Tang Distributors Inc is a manba NASD. The Bank is not a registered broker-dada. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Bole, is a manlier of NASIYSIPC. IRA Accounts Accounts of the Bank as armee, or as discretionary invest meet manager for an ERISA 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 JPMocgan Funds for winch a rebate process has been established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee, or discretionary investment manager for an ERISA plan or an IRA. which hold shares m the JPMorgan Funds other than Fiduciary Shares, the Bank receives fees for =vices from the JPMorgan Funds but waives account fees with respect to the funds so held. "fiduciary Shares' means shares of JPNIorgan Select Funds and Institutional Sham of the JPMorgan Bond Fund II. JPMorgan Short-Tam Bond Fund II. JPMorgan Intermediate Bond Fund II. and JPMorgan Large Cap Equity Fund held in Bank tout 8CCOUMS or in discretionary investment managanent accomas at the Bank held by ERISA plans or IRAs. "Rebate' means an amount returned by the Bank to the account which holds the Fiduciary Shan. The relate amount mimes the portion of servicing lam paid to the Bank by the mutual fund with respect to Fiduciary Sham. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00020181 SDNY_GM_00289379 EFTA01496769