EFTA01524240

October 30,2004 - I GhiaWine Maxwell November 30, 20(M Page 5 of 6 Primary Account Numbci JPMorgan Private Bank Important Information about Your Statement Personal accounts are subject to the Deposit Accounts Agreement or the General Terms For Accotmts and Savices. Business accounts an: subject to the Tams and Conditions for Commercial Accounts or the General Terms For Accounts and Services. Your accounts. unless otherwise indicated on the statement. are held by JPMorgan Chase Bank. N.A. (the "Bank"). Deposit accounts held at the Bank, including checking, savings, CD, and money market accotuus, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or write to the Bank if you think your mac:mentor receipt is wrong. or if you need more intormation about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this gateman. The address for inquiries appears below. We must hair fmm you no later than 60 days alba we sent you the FIRST maternal on which theater or problem appeared. • Tell us your name aid account number. • Describe the error or the transfer you an: unsure about. and explain as clearly as you can why you believe it is an error or why you need more information. • Tell us the dollar amount of the maspected error. Please direct all inquiries to your Morgan Account Officer at JI'Morgan Private Bank Client Service 500 Stanton Christiana Road. UCIPS3 Newark. DE 19713-2107 We will investigate your complaint and will correct any anon promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale tran.sactionM, we will recur& your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you feel an error has taken place or have questions concerning a nonelecttemc transaction. telephone or write us within 30 days. The phone number is printed on the front of this statement. The address appears above. If no report is received within this period, your account will be considered correct. Mutual FundsSecurities Securities (including Mutual Funds) and annuities are not hank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank. N.A. or its affiliates or any federal or state government or gm eminent agency or government sponsored agency. Securities (including mutual funds) and annuities ins oho investment risks, including the possible loss of the principal amount invested. The distributor of the JPMorgan Funds is J.P. Morgan Funds Distnbutor, Inc. which is not affiliatel with the Bank. The Bank and its affiliate, receive comparnation from the JPhlorn.an Funds lie providing services to the funds. Read the JPMorgan Funds prospectuses carefully for derails including fees and exposes, before invading or sending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and JPMorgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not part of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Managanent L.P.. which are twain-drab-xi with ;Morgan. are the funds' distributors and investment adeiblar. respectively. Reich & Tang Distributors Inc. is a membaNASI). IRA Accounts Accounts where the Bank serves as truskx or as disactionary investment manager for an ERISA plan or an IRA that hold Fiduciary Shams (as deseribei Mow) do not bear am portion of um:Malan. administrative. custodian or other charges paid to the Bank or its affiliates for services to the applicable JPMorgan Funds since these charges are subject to rebate as (termed Mow. For accounts where the Bank saves as touter, or discretionary invatment manager for an ERISA plan or an IRA. which hold shares in the JPMorgan Funds other than Fiduciary. Shares, the Bar& receives fees for services front the JPMorgan Funds but waives account fees with respect to the funds m held. Fiduciary. Shares are shares in the Select Shares class of 'Morgan Fax Aware Large Cap Value Fund, JPMorgan US Equity Fund, 'Morgan Tax Aware US Equity Fund, JPMorgan Tax Aware Large Cap Growth Fund. JPMorgan Mid Cap Equity Fund. JPMorgan Trust Small Cap Equity Fund. JPMorgan Fleming International Equity Fund. JI'Morgan Short Tam Bond Fund II, JPMorgan I3ond Fund II, JPMorgan Tax Aware Enhanced Income Fund, ;Morgan Tax Aware ShorbIntennichate Income Find, JPMorgan Intermediate Tax-Free Income rind. JPMorgan Tax-Frei Income Fund. JPMorgan California Bond Fund. JPMorgan NY Intermediate tax Free Income Fund and JPMorgan NJ Tax Free Income Fund held in the Bank's trust accounts or in the Bank's investment management accounts for ERISA plans or IRAs. "Rebate- means an amount returned by the Bank to the account which holds the Fiduciary Shares. The rebate amount represents the portion of =vicars: fees paid to the Bank by the muted fund with respect to Fiduciary Shares Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00052025 SONY GM_00321223 EFTA01524240