EFTA01512028

09 2006 .IPNIorgaii Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 Account Number Asset Account Portfolio FINANCIAL TRUST COMPANY, INC. September 01, 2006 - September 30, 2006 Exploration of JPMSI Rungs: JPMorgan uses the tohoevng (M✓g sySfee, Overweight: Over the nett .s.x to Mee M0NS& ei peel the Woe* !tog ou4oerlorm the ravage tote, fe&trn of the skcis rn Meanalyst's (Or the analyst's team's) Merge universe Neutral: Circe the nod se to !eche months we expect YR: stock wet peikem in Ana wen the rootage tote; return of the stocks ei the anests the analysts toarn's)coearago univetse undenveigts: Ow' the next six to temOie months. vie eipecl the stc1i me unser -perks m the nage total robin cl the stocks an the analysts (or the oneytt's team's) Coverage universe JPMorgan 0 Private Bank of a Independent Research Ratings: JPMSI does not ender sea othminse adopt Me Indepensenteesearcheronickercoearchanstirrebngs Deferent's, ms use a variety& items bens as ate' as dltder retires systems to deco ee the.* recanandatons JPMSI uses a -retat,verahngs system es described stove /Res may use a deterentrahros system such Nail. ...b$0.11defig0 94 system sort use such terms es UV. "VC "sed- Sive 7eastne'end 'abacoute-istn23 systems are tundamentslYthtterent you 3/SOOS rand W0IWY the aohntons of all tames used m the JPMSt and /RP research that is incitided m the research tad For this reasonand since the research oedema the tests kr Cho tatogs as wad as ccenplcto informatorycancelling the analysts vans. you should read canes,/ the resewchard not it its contents from the rahng alone JPMorgan Private Bank is The mantehng name for the private harass.; buanass conducted by J P Morgan Chase & Co thrown its subsea/am xceldwde inctulna JPMorgan Chase Bank N A JP Morgan Trust Company. N A and I P Morgan &cat*: Inc Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037872 SDNY_GM_00307070 EFTA01512028