EFTA01524244

December 01, 2004 - December 31, 2004 Page 3 of 3 Ghislaine Maxwell Primary Account Number JPMorgan Private Bank Important Information about Your Statement Personal accouters are subject to the lkposit Accounts Agreement or the General Terms For Accounts and Savices. Bminess accounts an: subject to the Tams and Conditions for Commercial Accounts or the General Terms For Accounts and Services. Your accounts. unless otherwise indica-non the statement. are held by JPMorgan Chase Bank. N.A. (the "Bank"). Ikposit accounts held at the Bank, including checking, savings, CI), 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 statement or receipt is wrung. 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. 11w address for inquiries appears below. We must hair fmm you no later than 60 days after we sent you the FIRST suiteman 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 eispected error. Please direct all inquiries to your Morgan Account Officer at JI'Morgan Private Bank Client Service 500 Stanton Christiana Road. IAN'S; Nayarit. DIE 19713-2107 We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and poin6of.sale tran.sactions), we will recrcdit your account for the amount you think is in error so that you will have use of the money during the time it rakes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examtne your account at once. If you feel an error has taken placeor have questions concerning a non-electronic 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 Funds/Securides Securities (including Mutual Funds) and annuities are not bank 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 ernment agency or government sponsored agency. Securities (including mutual funds) and annuities int oh e investment risks, including the possible loss of the principal amount invested. The distributor of the ;Morgan Funds is J.P. Morgan Funds Distributor, Inc. which is not alliliatel with the Bank. 11w Bank and its affilial receive compensation from the JPhlornan Funds lie providing services to the funds. Read the JI'Morgan Funds propmuttamcarefulb, for details including fees and expenses, before invading or sending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and JPMorgim 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 unaffiliated with JPMorgan. are the funds' distributors and investment adVialf. respectively. Reich & Tang Distributors Inc. is a mints-I-NASD. IRA Accounts Accounts where the Bank serves as trusnee or as diseretionan investment manager for an FRISA plan or an IRA that hold Fiduciary Shares (as describe] Mow) do not bear am portion of uwannent. 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 defined below. For accounts where the Bank saves as uustst, or di ere investment manager for an ER1SA plan or an IRA. which hold shares in the JPMorgan Funds other than Fiduciary Sham, the Bar& receives fees for sat, front the JPMorgan Funds but waives account fees with inspect to the funds m held. Fiduciary. Shares are shams in the Select Shares class of 'Morgan Fax Aware Large Cap Value Fund, JPMorgan US Equity Fund, JI'Morgan Tax Aware US Equity Fund, JPMormui Tax Aware Large Cap Growth Fund. JPNIorgan Mid Cap Equity Fund. JPMorgan Trust Small Cap Equity Fund. JPMorgan Fleming International Equity Fund. JI'Morgan Short Tam Bond Fund II, JPMorgan Bond Fund II, JPMorgan Fax Aware Enhanced Income Fund, JPMorgan Tax Aware ShotbIntemnshate Income Fund, JPMorgan Intermediate Tax-Free Income rind. JPMorgan Tax-Free Income Fund. JI'Morgan California Bond Fund. JI'Morgan 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 We account which holds the Fiduciary Shares. The rebate amount represads the portion of servicing fax paid to the Bank by the muttud fund with respect to Fiduciary Shares Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00052029 SDNY_GM_00321227 EFTA01524244