EFTA01511594

07 12003 Account Number: FINANCIAL TRUST COMPANY, INC. July 01, 2003 - July 31, 2003 J.P. Morgan Securities Inc. 270 Park Avenue. New York. NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 12 of 14 IMPORTANT INFORMATION ABOUT YOUR JPIASIMARGIN ACCOUNT If there ere any error. or omissions on this malement, or If you hare any questions about Plene contact your Olaf Account RIP•480840V4 or JAW, Compliance DeParranne at (212)4112323. Please keep the kelowng an mold when using Mrs statement b !reek your JPMSI brokerage actvfy This statentent combines tae general Ireton account rob% the specuslaremarandurn account required by Sefton 220 6 Regulation T As moored by Reeutstron T a bummedrecent &yaw separate account as ansibtsle upon has reined Important InfOrmatiOn about Mang and Valuall014. Prices some of whin are provided by prong aeons a other sons *Sin we deemrent* tie nagueratend fa scaacyarss reMzerbde neves Free min Manses in yaw account we not segregate/ and may be used in the operation of JPMSIs business subsea10 Imatens Of SEC R14015033 (Mien othenerso 'mewled. JPMSI Cw as (cents and deposrlenes ma hold yon Manes Upon yew Offhand. JPIASJ tot pay to you the anountofw free gee* banee and wit dense to you fun/.pad mambos heti On 300' behat *teen be be chested on any debit balance the method Of °obviating treble! rs dem:rated ma MJer sent ball maigu, aureate, Upon soften request JPMSI we I supply you with W most recant statement required to be Unshed to Miners under SEC Rub 17e-5(c) Ifs portal cell is mode wen respect to an Issue of goatees included in your liar Account we will Seco* the call by • method we doom taw and equitable You shout, have mceved sepses* JPMSI trade contrmetcns Ice each secuntes tranaction AO trarhections are subject *the lenr“ and osnektons sad on Ire reverse Sided sued contemohsris and are sutra *Me constauldn bylaws matorns and inbepretattens ate rnwfretplaco abbe executed and governed by and construed in accordance wan the laws of the state a' New Yin and all appacan *deal Ions and regulobons You must promptly *dm* JPMSI d meterrerl changes in sour anstmant asectresscninann *neon Unless you inform JPMSI Worms., JPMSI perS consider the *tondo* cogently in as tiles to so compete and accurate JPMSI AS moused by bw to repot to the Interned Revenue Service Ocknascts arelbe *fewest income on bonds gadded to your account drag colander yaw Please Wan eN)C4F deleMenb to ass 0: you n preparing hour in tan returns A finance I statement of SUSI rs evalable forms personal superb= at Rs alkyl a a copy of a will be mated upon Imo written request. JAMS/ a no I a bank and is a sepenee legal envy from as bank a hit offibleas *eking JPMCI3 The sestets sold crewed a recommended by JPMSI ft) Are net me ed by the Federal DCPOSif Insurance Conaorabon a any other government& agency 0 Are not deposts a other obbgatons a JPMSIS Dana a net earns (non otherwise sndend) and are not guaranteed by a the responsttntrly of one such efiteles(unless etwecely stets otherwase) and 13) knave investment raks reading possible loss of the primes, invested !PM& batwing offthertes may be lenders to esters of sectsbes Met JPMSI um:bewares in whits apseacne& a teens underwritten by JPMSI may be vsed kr the wenn or such loans and you shout, refer to the Stabs'se documents relating to particular securtes la discussion of any such lending reestronshes The Federal Reserve Wanes MN JPMSIeetem yew Consent Waned Oen ante certain of metan Somas bank ce Won *Meares incerclerg Mew credit evatUation of you We rest assume that pow continuing to brillaaCt business men JPMSI tat Oenstrtuteyov Cement to Ile shame of soon Infer 'Timor, by JPMSI its bank a live? silent 10The e. lent reenstted by if. "Seven Phial, Bank is the swakelag sans to the pervate banking business conducted by J P Meagan Chase 6 CO though al Subbdenth witaldande WIXOM 'PUCE end APMS, JPMSI is a mentor the SocuraittsMessktProtecbon Corporation ISIPC), not4onprof4 mere:now capolaton funiod by ISIOStedeeenrogLIAleadmth the Secretes and ExchargeCoirmason SIPC protects saccades and cash held fee a customs account at 'PUS, up to 020000 Mich baud,* top b 310040 Of pactectoon I e cash. The belenvoca the account raCrion witch a refeered lo mccoss SIPC molders up ban addanna 19W.W0 1:0 Pentacten for dash and 348 300 030 Icy any coo oaten This moss SIPC =venire kneed to an oggneotodemorrat of 3250.000.000 by • beefy bond issued by • meproammeamolasurarcecamee Assets cab in custody by JPMCB ere not subject to &PCcoverage Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037424 SDNY_GM_00306622 EFTA01511594