EFTA01511697

03 2004 Account Numbe FINANCIAL TRUST COMPANY, INC. March 01, 2004 - March 31, 2004 JPMorgan Private Bank Margin Account Portfolio Page 14 of 14 IMPORTANT INFORMATION ABOUT YOUR JPMSI MARGIN ACCOUNT Ifthere we any °ROM or Cabal MIMS St•Mment, or If you have any questions eat 14 pat Coact you r JAMS, karount Representative or JPMSI Compliance DepaiTilltnt at (21V 4812323. Please keep the laboring n mad when um° tbs statement to Pack you. JPMSI brokerage acbedy This statement comas )hor general mega &scant Mb the speedl memorandum account requeed by Seaton 220 6 Regaati0n T As ramrod by Regobbon T. a permanent recad Of )0..ff septet. account is errata° upon a repast Important Mformetial Sal Pricing and Yaluellant Popes some of *Nth seprovided by pica° armed a other sources slidt no deem rata we no( Dominated fa *cosy or as riseaziab valves Free creda Oaf:Imes fnyOw account ere not segregate /and may be used in the canton of JPMSIs &flows subject to The Insfans Of SEC Rule 1503-3 Unless abeam° 'mantled. JPM.S. ads agents and depos4Cnas war hob yon aecunbas Upon yew demand. 'PM& MIpayto you the snow* dam free aedt bane.. and wit Skye to you foonad saeunbss Mkt On yOw balsa Intent NM be aged on any debit balance. Me maned Of caul:lag interests *seabed ima leder sent to as maw coatonws Upon °Men tequest Jan WO supply you wan ov nest Want statement required to be tufnisned to Customers under SEC Rub 170-5(c) its partial cell made with nnpect so an awe of Spa/003 included in yew Mega Account we mil Saab me cat. by a method is. doom tar and equitable You snood haw famed sopwate JPMSI trade conternatens each secunfres transaction AO tarksactions ere subject bac. MOW and ronektons sad on tea reverse siCAPOisWIcoolomarons and we subpar some tonna/ma. byJaws abtorns end inteepraans ot the rneekaplaco nhawo °maned and gots'ned by tend construed a accordance wan me taws of Me Salo a New Yak and aV aPSCablO $0,10,anin'S and inugebons You must promptly *dna JPMSt a metal Mangos in you instmont °twat...swan/know *Nation Unless you edam JPMSI ornawbe, JPMSI red consider to Manahan meal)' in as tam tuba caw to and accurate JAMS! is moused by taw to repot to the Internee Revenue Service satyr:tends ealbe Merest ineane on bonds gadded to you Waal Clang calendar a Please reran eN)C4F AlleMenb b as: 0! your n preparing your acme Sri (awns A lama a I statement al JPMSI u evadable frxietAt cascading's...eh:a at its °Ikea of a copy of it wat be marled ,ponyw mitten request. JAMS? a ml alma. 0Mb:imamate legal enMy from as bank a Dalt afhasees inctlang JPMCI3 The lacunas acid allered a recommended by JPMSI Ace not aa ed by the Federal °Moat Inswance Caporabon a any other go...anent.° agency 0 Are not deposits or oho obegabons of JPMSM Deaf a Indtaffaates (unless otnevvoise todtebd) and we not guaranteed by a the responsitntrly °fay such afgab(unless acolcaly staled otherwise) and (3) °wave investment risks mbar° possible lees of the pampa invested JPAISIY banking affthaes may be lenders to issuers of season Mal JPMSI underwrees in which case proceeds a cinemas underwritten by alSl may be vsed kr the rtrayment 0/such loans and you shout! Wet to the decbswe documents retteng to partRaw seaways fa discussion of any such leading refacaships The Federal Reserve vague OS IOW JPMSIGNOM a Consent bean? a con obten Masa meynafbn band, bank Cr heft effOates. °Michela mew cleat eminence. awn We riff assume that kw contnong to bensact bu}ne3.1 mm JPMSI MI COMMA* your 00n lent 10 me Wham Of soca In( Of nebon by JPMSI and as bank a tail she nabS. 101110 ea lent pernate d by If., ...Morgan Farms tanks the markong name for the prnmb Messing business co ducted by J P Morgan Chase 6 CO Wear M Sadder walande inalakna 'PUCE end JPMSI Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037530 SDNY_GM_00306728 EFTA01511697