EFTA01522098

For the Period 10/1/11 to waini Deposits in Foreign Branches are not insured by the FDIC or any other Agency of the Federal Government; amounts in such foreign accounts do not have the benefit of any domestic preference applicable to U.S Banks: certain Foreign accounts are considered reportable to the Internal Revenue Service on a Report of Foreign Bank and Financial Accounts (TD F 90-22.1). Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, the Private Bank of J.P. Morgan will provide a copy of the advisors Form ADV II or brochure upon written request. To the extent applicable, please note the following regarding estimated annual income (EAI) and estimated yield (EY): EAI and EY for certain types of securities could include a return of principal or capital gains in which case the EAI and EY would be overstated. EAI and EY are estimates and the actual income and yield might be lower or higher than the estimated amounts. EY reflects only the income generated by an investment, It does not reflect changes in its price, which may fluctuate. Bank products and services are offered through JPMCB and its banking affiliates. Securities are offered by JPMS and, to the extent noted above, cleared through JPMCC. If a partial call is made with respect to an issue of securities included in your Accounts we will allocate the call by a method we deem fair and equitable. JPMS is not a bank and is a separate legal entity from its bank or thrift affiliates. including JPMorgan Chase Bank. N.A. ("JPMCB"). Investment Products: Not FDIC Insured -No Bank Guarantee -May Lose Value JP Morgan Disclosures Page 2 of 2 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00049577 SDNY_GM_00318775 EFTA01522098