EFTA01511903

06 12005 Account Number FINANCIAL TRUST COMPANY, INC. June 01, 2005 - June 30. 2005 J.P. Morgan Securitics Inc. 270 Park Menne, New York, NY 10017 fl JPMorgan Private Bank Margin Account Portfolio Page 15 of 15 PAPORTAIVT INFORMATION ABOUT VOV* STA TFJ4ENT COM'« you <Ment ~VB* SpeCtettit d yOu !Mi* yOur Stat•Ment Si InCOrt•Ct Of yOu /Milt* ~MOMP IMOMMIlOn ~ut • trinSaCtOn m yOttr itatelnent ada& is mente d the Sedenes foresto r Profecten Corpotabon eSIPC") e noleonceonmembestmccrpotatton tended by broketeeelvammktleted «h the Socuntes and ExchangeComnsson Smattes and cash held fora cusbmer account el JONS!~ protecled vp to To total mf away« oech occoent The tint $50Q 000 «nemt« &wc* 'matem up lo $109C00 ot ~on br cash o providod by SIPC As ot March 2004, the batamed the ~Mon prorded by a mpartNeExcesaSIPC Sur* Bond mal by Castor' ASSOf Prokdon Company S/FC ond ora:iss51PC prate:don do raa pence against bsses from Auctuanons al the vak/co/the ~eks Assets hold in custody by JP1Argan Chase Bank NA Mb -Bank"sto not suttect lo S/PCce ex= s &PC patocaon ▪ P ~pen Secuntes Inc firtforeen Chaso Bank NA or thea "Mao dine Woman Caltparepr)Inay Tende IsdnekketnitneCulfcTitt seles deseattnon shanehoborscevento areacrgen Fonds. AmeconCentkry Fund: or lunds osteleshad sponsand «1~ cr rroneged by flod podes and the Magen Comeemot ny be cormensoled kr sutt termer IMPORTANT INFORMATION ABOUT VOUR JPMSI MARGIN ACCOUNT N lite ad ane "Min ar caoloolOor On " 5 Srarg"." Or ff TOo har* ny Otrosttons abOut it, plen contact your JPMSI Account Roprosontabve or JAMS ComPhanc• O•Pardwa at (212) anna Messe Amp Te toameN vi med *hen usfrng ths 4E~ to back >ca JPMSI doketegoectivey The stalement contimes im>cr penere. memm ~unt vnth the snoa/memorandum occcunt fagnad by Seden 2200 ReguneenT As rammel by RepulettonT. e potnenentrecont ot yete sopet otoomount o avetodatpon ~ramost Important Intomtation attow Pflanal and Vanta:tona Pnon som° d *hen are ptended by demp somme d einer Saletta **Cl, se deem masete om not gutane:ed kr accuntcy or tes revekubb veives Freecredrt boende en tas anodane renot segrogand and may be utad en the operaand ~Sis busmils subled to the Ambhons d SEC Rub ISc1J Untess ~ankes. instructod IPAISlce rts apenes Ødepostes me Øyar ~meies Upa, yOUr demoni JPMSI JPMSIw,ipyto yOu the smatta d yta Inn credt belente end TV detved0 Seu etTmed Matem NSI On yOut beltet Intetet TT be chomed on any de« ~noe the ~Med d middet/ny endte! o ~flod el a ledet sed b a!~ cosinus Tau skovla hen reconedsoperakMPAISt confirm:om for oach sedenes Vemodet., AV transectbes stend b To lerms end condlions stoted on the renreesee d such con/omsen and aresutyn to EM cOndlUton. by4: vs customs ond mter~ tons the MatkeNC•whore Taut« tend ~nede, end COMIneed atcvdooce hvin', the Atea ths Snle ot New Y.» and et appbasdelecierel /svs end tepdebons Furthe nattmaten mfn moped to comm~s and other <heves reeted lo Te emcdton ot transacbons ~ing atom transectkone has Doen «Tad m contrmattons :hat sere pen otalphantshod to you Upon onnen ramost JONS, prorrpny suppa ry» non the Pentsuch naynethon pwbwWOR mede Tek ~edb on are of maten included nytt Mer ~unt *e ed Mon:etno at ty • ~ned 11.0 Sem Istand *puma» Yogi ~N prompt* ødem eJPIISTI netenetchenpat an >av mamtmentdoecents Or frnencrl~bon Unen tou mf or m./PfASJ othermse AolaSt eat ender Te Term:Mon ~renta me I Mes to te ~Øne ard accesale JPMSI a nota bank and ise separate legal entay from ås banko thrit ~etes mcluchng JPMCB ?ne senete, sold Mored or recomnended by JONS; (I) Am not frourod by the Fedres Dopted Maurane* Capene«. d ane orda Gnir d& agency. ø Are not &moses or °the, obbyetons Cl JPIASla bank or floet ~b: (ueår5 0(11«viVe mdcakel) and re not Tarentood byd the roopcosittety dalry sat ofteetos(uness °MITT steled ~toe) ond (9) (nede Tvetten:« roke grauten; MOTT las «the Arropa' .',mand JIMASIe banking meretos ney be lenden to ~e d Ser-u/es tret JPMSI unienmIn, tn which case prcceeds d "rams urdeTween by JPMSI ny be med ' the remmene& audt beins, end you shoull rekt to the docicouto dammen!, rentrg to ~colt siruts Ar &sous-von °lav suta ~dag reiotanibps Tho redere, FtmeeVereQUMS tnt*, "AS/ oden ytte cona~ Odde,' can pron dnen infOinTten tron, es benk &Taft ange»s nauda? Ter anode ~kastenot you deo vov ass time mat >out con:mc/ing to (mosott bussess wen .)PM& w consttude >ar ~ot to the shonng d sud' ~bon by JONS( and es banko ened tleetes b the odont porrntled by bor nreloman ~mo Benk ts lM ~Mone non Ice Me pota banking bueness conclucted by J P Morgan CM» 6 Co Teamet; ds substans ~vakt ~Adm JPMCB end !PTS, Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037740 SDNY_GM_00306938 EFTA01511903