EFTA01507062

04 12004 Account Number: FINANCIAL TRUST COMPANY INC April 01, 2004 - April 30, 2004 J.P. Morgan Securities Inc. 270 Park Avenue. New York. NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 82 of 82 IMPORTANT INFORMATION ABOUT YOUR JPMSI MARGIN ACCOUNT Inhere are any anal or OmtSWOrlit on This Statemene, Or/ you heve any gunboat about 14 pinta COONCI your suss Actount Representenve or JPMSI Compliance Depart:Mtn( at (214 4834323. Please keep the fallowing n mad when using mss statement to back yea JPMSI brokerage fl ay This statement combines wsur general nags racoon: nth the spec& Inerraandum account required by Section 220 6 Regubtan T As required by Regubbon T. a permanent record 0 I. )04T separate account ks eiyakiabie upon )nvir request. Important &formation abed: Pricing and Valuittlatt Popes some of newt seprovided by pfcmg sawed a other sources *hal no deem reAsbte eve not gurtanteed *cosy or as regaziaSs values Free credit Ostances in >Oa account ere not segregate/and may be used in the openstion of JPMSts bosons suateC110 ale Snagions Of SEC Rule 1503-3 Unless otherwise insbvaed. JPMSI arts agents and deposacnens war flak/ yvt, securities Upon yew demand. JPMSI wig pay to you the snow* of axt free aeal bisbnce and w.Idakpf to you foonad mambas hat, On yOuf bakfkr Intern( wet be chested on any debit balance mho methOd Of oekeAsting Vitali)t is descabed me leder sent load maga guars-,. Upon wan request -PM& wit supply you with ov nest natal statement required to be tufnisned to customers under SEC Rob 170-5(c) Ifs partial oil d made with respect so an Issue of soartbos included in axe Maga Account we we stbcate the cat by a method iv• doom fair and equitable You snood hawo 'caved sopwato-IPMSI trade conarnatens la each 'stunted transaction At tarksactions ere siggact b fhb term and 030dtOnS sad on Zr. rovers. sded such confomatans and se solvate some consbhacin byJaws ass tons and inbirprolabans able morkottilaco n /Ito inecutod and goiened by one construed a accordance wan the laws of the stabs et New Yin and at apoicabio Waal tans and regulabons You mat Aron , advise JAMS! c meta/ changes in slur mantmont obpcbeas a Mama/ *Nation Unless you Worm JAMS' ornomida JPMSI red consider mo mamas» csneny'n its Abs to no conssbto and accurst* JAMS; SS misused by law to rent to the Internal Revenue Sows as &attend s walla interest 'cone on bonds credited to your account ding colander yaw Please reran at yew statemenb bass at jab n preps nog your acme tan returns A Tacna a I statement of SUSI is amiable fcryokr personal sisperbon at its alkyl of a copy of a wit barnacled uPznlytir war en request. JAMS/ is notebook and is a separate legal entity from As bank a bra afrAiseeo mckaling JPMCS The senates sad aimed a recommended by JPMSI IV Are not ma ed by the Federal Deposit Insurance Caporabon a any other gm-aanent& agency 0 Are not deposits or alba obigatons ol JPMS1S Dank or Waft at/skates (unless otherwise indgebd) and ere not gurvanksed by or the responsitntrly deny such offaiskid(uniess erplatly stated otherwise) and (3) aware avestmen f risks eakaiing possibie tees of the primal., areskd JPMSI banking affthates may be lenders to issuers asaabed that JPMSI underrates in which apse proceeds of offerings underwritten by JAMS, may be vsed fa the rtrayment O/such bans and you shout ate to the disobbee documents reasting to partatity mattes fa discussion of any such kmang reAstkonships The Federal Reserve rested that JPMSI (*NM yaw Consent before t can Obten oaten f cs metiOn Somas bank Cr Wit effiSeles incbding Thew credit evaluated Ora We rest assume that pat continuing to transact b11$.0039 Men JPMSI wA constitute your consent to the showy of such Infer mown by JPMSI and its bank or Wet aff6SOS. *Me Intent bearrafed by It. jPalorgan Posse Bank co tne markong name fa the pro** banking business COnduCted by J P MOrOan Chan 6 CO though as subsidiaries waldisdik mak-4M 'PUCE end JPMSI Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032051 SDNY_GM_00301249 EFTA01507062