EFTA01511655

12 Account Number: FINANCIAL TRUST COMPANY, INC. December 01. 2003 - December 31, 2003 J.P. Morgan Securities Inc. 2003 270 Park Avenue, New York, NY 10017 II3JPMorgan Private Bank Margin Account Portfolio Page 16 of 16 IMPORTANT INFORMATION ABOUT YOUR JPMSI MARGIN ACCOUNT II Own me any awn or omissions on OM aumemfot, or If you have any questions about It Pinto contact Your JPMSI Account Rearasern6va or 0644S/ Compliance DePartnent at (212) 483' 2323. Please keep the k.bw.ng an nod when camp Me saterent I o bock your JPMSI brokerage actvfy This Semen' combines sour general n-sew account beM the specuslarmaanduns account requEed ay Seaton 220 6 Regulation T As moored by Reguebon T a penance' mead elms separate account s available won has request Important Mfonnetkm about pflang and ValuatIOM. Potts some of nth se provided by rang scenes a otter sane shell we deem reek* ti e not gurantead fa scanty or ss moaned., cones Free aen Seances in yet account we not segregate/ end may be used in the opef Mon of JPIASIs business subset( 10 tne Inklabons Of SEC Rule 1503-3 Unless offense° inflected. JPMSI a as agents and depcmlemes M noel eat Manes Upon yew demand. JPMS1 me pay to you the amount Of wax free oak, been, and we darn to you Myna setunTes heal On yet War Interest me be draped on any debit balance. Me method of cekulabng Wrests deao.bed iota ear sea 10M mar wares. Upon con en aquest JPMSI will supply yOU nab Otf mast resent statement required to be funned to animas under SEC Poe 17040 ifs parMI peon made wth 'aspect so an case Of Sectria03 included en yew Slava Account M mil 0.100060ft COO bye method we doom fay and ecantebla You snood an naval separate JPMSI trade contrrnabons aeon mattes transacton AO tarkilaCten1 MO 90;00 bath* Mons and osneCtons Sad On We reverse Map a sued COnannahara and we subject so tie corabruton. bylaws aatarns and •Verprotatans of the row...fame nano meowed and potence by and construed in accordance wan the haws Oi the stale ce New Yak and as apace/go iederal Ins and Inneteca You neat promptly man Jain/ a newel ta ngos insect "'mensal obpclwas a Mame; situation Unless you Mom, JPMSI oMerwee JPMSI writ coned., me erbanotencurnsogy en as Wes to be cornOto and accurate JPMSI is moused by law to repot to the Intend Revenue Seance a0divdeds ands interest mane on bonds sledded to pap account dam calends yaw Please teen sawn statemenb to es: 0: soo n aces ong )our more tan means A Mance i statement of STASI us paelable forms personal superb:in et Rs oases a a copy ot it sic befouled upon yet mitten request. JPMSI a °debase and e a separate legal antsy from as bank a fled affStake motekno JPMCI3 TM mattes sold *Ind a recommended by JPMSI Me net ma ed by the Federal Deposit Insurance CapOrabC0. Cr any oilier goat relent& agency 0 Ne not dmosas a oho obngabses d JPIPSIS bank a net sent., (uness otherwise adcrobd) and are not guaranteed by or the responsbely of any sae Ofgeleaunless emlcfly staled Otherwise) and (3) Imam evestmen f risks madam possible loss of the primes, tweskd !FOAMY banking at/Metes may be lenders to sass a amebae Mal JPMSI underwraaa whah case planes Ce calms* undenwraen byJP/69meg be used fa tie repayment a such loans and you Moue fee to the dep.:ewe documents rettnag to pal Mule mattes fa discussion of any such lending mielensbes The Federal Reserve Nana Os That JPMSI Mao, you, Consent before a can Man certain a c f motion bands bank a Wit *Abates inseideg Mew credit evaluation d you We real assume that pow Contaang to framed business mai JPMSI COnataae yOla consent to the iniang a such In( ornebon by JPMSI and IS bank Cr Wet aanSOS.101110 eclat permlte0 by laa JPMorgan Ft wale Bank is tne makong name fa the omens banking busman tonne/ by J P Mann Cain 6 CO the Our as Slaeldel walMlode .40030 2 JPMCB end APMSI Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037485 SDNY_GM_00306683 EFTA01511655