EFTA01511923

08 7005 .IPNIorgaii Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 Account Number Asset Account Portfolio FINANCIAL TRUST COMPANY, INC. August 01. 2005 - August 31, 2005 JPMorgan 0 Private Bank Saco " Case of Errors a OutioOnS Maur Mut ElettraUC Contact your Morgan Teem at ate at The babhonenumberson the front of Me state:mentor ante us •1502 Stanton Cannons Road. 1t0O$ Newark OE 19713-2107 as soon as swum ifyou Mr* )oce stotemonfts wrong a Riot:no:4mo. rdceralton about* Penske on the statement We must haw from you no Wee than 00 days filer we sent you the FIRSTstsbment en when the errors, problem apposed (I) Tell us taut name and socount number. (2) Oescnbe the east a the setae. sou see unsunt about and explamas closely as you can why rat Ninihro Ft is in ono' why sou need rare racrtrotion (3)10 us the dollarranaun: or me suspected arra It you confect us orgy you must send us you•• complant or question In 'Mob brim 10 Owens days en PS to paseraws rents We tar irweboaterou comp:ant and gni cceectanyertorpecepTy Sl ne take mambo, 10 business day: to do the (20days for purchases usrq your deed card or km anternotronsItranssotens) we wet credit rots account tar be amount you Sunk emcees so these wit hese the use of enoneyd bring In. tone I Womb to complete Our investqatin In Case a wort a qUettiOne annul your aratenNteb Including yetis line (stomas. It Ku Thud, that your aberrant e :no:erect ce if you need troy inkymotion about a Pansachon on your statement ncludob a Ars or crod4 transacton you must wrde b us on • sopettesheet descnbog the error and send a to JPMorgan Morale Sank. 500 Stanton Crinstona Road rOPS) Newark CE 1970-2107 We must bear from you no Worthen 60 days after the statement on whch the proses probem apposed rs sent Season contact you chant sennosspecabstbut doing so vat not peserveyar opts In )our beer. please Novato the mammy wanton (r)yaw name and account number. (2)the SAW *mount of Me suspected .no and (3)• d•scnOtan of the ornvond 0 0. 40ta^ it you an why you heithethere is an 07,7 If you need °we lnfrinuibon you meet describe tote Rernyou are wave at Importer, Intormeace abeld Peeing and Valuations Market Wu. oformeisce (mak/Ong without laintarbon prate exchange rates. accrued mows and toed retinas) furnehed lino has been Maned from sources that the Bens Wives to be rebbsesnd n henetted for Me °saves. use of the dent The Bank makes no repseentabon werantyce guarantee expresso ebbe that any quoted yeluerepresonts the actual terms et when bansactnna or r secunhes could be bought or sad or nen kanssamos could be entered into or the actual yes cm which essarb transactions or bounties could be budged The current pre* is me vatmme the fimancealimm4 short unit or contract as ;medal the closed the motion be last day ot the statement period cr Me lest systedepnce AN values provided tor stuctimid rendepoots (• example JPWctgan London Uwe Deposa)rellecarre carer depose amoral any The current venues, RealEsiskt Mineral Interests and lAdaSkineous Assets mm not POPO the most cadent vaned the suet VerartOnSaaeranacCunteedernadvetansacbons mowing °erten dernalves-renfedlepost products hove teen preparedon a mel-manket dose These valuations (gendarme rabbles of Me close ot business of the ate at Inn statement and except :es otheemse weed tn noting. Mdse vobabons do not represent Me actual biros a: v.hsch Tonsachons a securbescoutd be bought or soil or new teanb [tons coun to enteral into or the actual toms on which existing transactsons :etymon could be iqudatod as of the dated This statement Wedo not nenantliwavrpielenassceaawacy These vekraboruen> daNcd from propoetatyrn:clots Dosed upon webecogneedbneers• presets.: and webby when nne,awybcakaiNethifpnnentv•Ved lotto. hlbws moderns's:ebb estimates about teknantluttee (flannel COMPxyd Valuat,CMD.S.d On Other mai.* Ce different OUtierptrona may peg Mersin 1 results Morgan mpromeymsderts air/ mmons moyme (1)Mo ocasacy a the models or saturates used in dertortyMe yobs:ens. (2) any Pros a OT0ISCOS an computes, adesmembngthe valuations and (3) any uses to nisch the bamboosrepot Yebabonssre provided foe intamben poems any and we intended scaly kY bur own use Abasereacele the bade =Ornate., for deb& of each transactor Atop's-request assets may be ronectal boron orentnougn they arelsold eye thrd pplyunathe1with JP...organ In such case unless JPMorgan warms* braes JPMorgan has no responses% fy kr Me vonfratron vsbabon seeker:pew ma tor Masco assets PWASereroVW)010 94Mitliontpronstly and report OnyOSCrepanoninVrediably10 an account afar whose name appearson the contact paged this statement The JPMorgan Funds a The adman Institutional Funds a The Amerban Century Finn Shores d the hands are not banedeposes and are not guaranteedbyanybank goecenrnont ebb/ a Me FOIC Return end sheets pace be Moque* and rodernolon %ribbon-ay be more or less Man obi-aloes( Mole the money nawket funds seek b maetain a abbe not anal mattes/ 31 00 pee share. Th e., no assuomsethst they wit calms to do so The estimated annual income and dvdcmdpekt figures la mutual funds rep/wean,. funds' nest regent mcorne dividend amuse:ad The deltas el the JPIdcreen Funds es JPMorgan Dadnbuton Sweat Inc. WITICII is an aiNeste ci JPMorgan Chase Sank. N A JPIAorgen Chose Bonk NA and its aTheates war, compensation from JPMorgan Funds tor prowdent mites Amman Century InantiniN4Sencee Int is The dafinbutCr Of Me Antencon CenttayFunds AmencenCentuyerwestmentMansgementIno sent. es immannwtschmerm as comeebeetwal Ammyend reawmccamenatron from MN fund tens,' y promangmmtstment SIvacryikod other sauces If you rune chosen one of me maw abbot suns you aro notified that paS4nYIS in me Flee Money MOAN Seep Fund represent ho dugs m Me JPhlagen Rine Money Mob! Fund sambas in the FederalMoney Markel Sweep Fund represent holdrgs n tne JPMorgan Federal Money Market Fund and pastions ,n Me Tax Exempt Morey Market Snoop Fund representholdings in the JPMorgan Ian Exempt Money Market Fund JI2MS1 is the custodian Snared **bons and mast nvitual funds, inckeng thrd patty mutual funds pun:band treough JPMSI You shout! ThreereoeheciseparabaJFMSIoonlrmelons for each SeCunteS Paniachon NI tanseettonsenasubect to Meyes end donde/au stated ce the royirseade of such ontionstons and seautect to me constttuton. bySaws CuStIons end interprets: ens of the manwhoboevehere executed and poycened by and consTuel in accordanceweb the Yin of the Stale al New Yak and at appicebblederahaws and regulations Furthermkenaten with respect to commastons and other charges roasted to Me becutton of Toussaint maxiong 00005 fl oss:tom has bOOn ontivded in conftmtabs lent wen) prewOuSlituintahed10 you. Upon whiten request JPMSI wit prepay supply you nett the blest such niceniebon Sharehadersofcerhan JIMA Funds wecharged& redempton beeps& b 2% of the proceeds if they exchanged. redeem shares of surly funds wither 00 days of purchase :Agate cabs; exceptions se4 tam in the prospectus of The appbabeFund Peeseconsua your -0440n2anritenentidArtrtY a tier of Me !PIA Funds Mel &VW rediflgiOn ANS JPMSI is a mernber of the SecunbeelrerestceMoletten CaptvettOn (SIFG)* noSkoporamembentreobrpteation funded by twokerdeberregeleedwo the SeCurebe3 and EsChand•Canintlen &bonbonend ash held Ida CuSbmer account at JPMSI we protected up to the tok • net equity oe each account The lest 1500000 et protecbort when inaudes up to $100.002 a ph:barb kr crash a provided by SIPC As of March 2004. the losterseci the protease a growardtry• separeExcess StFC Surety Bond 'salad by Customs' Asset 'Wanton Company &PC end excess 51PC protecton do not poet against baba from fluctuations in the newel I/ re securer's Assets held in custody by JPMorgan ChessBank NA (ths 'Conklin. not sub)ad to SIPCO excess S1PC poieden Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037760 SDNY_GM_00306958 EFTA01511923