EFTA01539592

HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 10F NEW YORK NY 10065-6216 EFTA01539592 EFTA01539593 For the Period 4/1/12 to 4/30/12 Account Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value 2 Beginning Net Market Value 72,476,344.98 300,899.71 $72,777,244.69 Ending Net Market Value 72,613,266.17 303,545.36 $72,916,811.53 This account summary is provided for informational purposes and includes assets at different entities. (1) Assets held at JPMorgan Chase Bank, N.A., member Federal Deposit Insurance Corporation ("FDIC"), except for exchangelisted options, which are held at 3PMorgan Clearing Corporation ("JPMCC"). The Asset Account Statement reflects brokerage transactions executed through J.P. Morgan Securities LLC ("JPMS"), see "Portfolio Activity Detail". Equity securities, fixed income securities, and listed options transactions are generally cleared through JPMCC, a wholly owned subsidiary of 3PMS. Please see "Additional Information About Your Accounts" at the end of the Asset Account Statement. (2) Assets held in Margin Account at JPMCC, member Financial Regulatory Authority ("FINRA") and Securities Insurance Protection Corporation ("SIPC"). The Margin Account Statement reflects brokerage transactions executed by JPMS, see "Portfolio Activity Detail". Such transactions are cleared and carried through JPMCC. Please see disclosures located at the end of this statement package for important information relating to each 3.P.Morgan account(s). Change In Value 136,921.19 2,645.65 $139,566.84 Start on Page 4 30 Client News Effective in the second quarter, we will be implementing a new pricing procedure with regard to your statements. In 1 EFTA01539594 cases where we are unable to obtain a current price from an internal or external source for a particular security, the price column on your statement may indicate "unpriced". Although such securities may have value, please note that if a security is indicated as "unpriced" it will not be included in your overall current market value as reflected on the statement. 0000000080.15.0.15.00001.BELLE18.20120514 Consolidated Statement Page 1 EFTA01539595 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01539596 For the Period 4/1/12 to 4/30/12 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 26,316,566.35 3,950,250.00 41,988,664.25 $72,255,480.60 521,764.09 $72,777,244.69 Ending Market Value 25,662,192.78 3,930,232.50 42,797,249.78 $72,389,675.06 527,136.47 $72,916,811.53 Change In Value (654,373.57) (20,017.50) 808,585.53 $134,194.46 5,372.38 $139,566.84 Equity Estimated 903,660.75 Current Annual Income Allocation 35% 5% 2,152,583.78 $3,056,244.53 60% 100% Alternative Assets Cash & Fixed Income Asset Allocation Current EFTA01539597 Portfolio Activity Beginning Market Value Net Contributions/Withdrawals Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 72,255,480.60 (24.35) 299,530.11 (165,311.30) $72,389,675.06 527,136.47 $72,916,811.53 Year-to-Date Value 69,562,571.76 444.31 1,054,244.22 1,772,414.77 $72,389,675.06 527,136.47 $72,916,811.53 This Consolidated Summary shows all of your investments at J.P. Morgan other than investments we hold in trust for you. These investments may be held in custody or investment management account at JPMorgan Chase Bank, N.A. (the "Bank") or in a brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC"). Brokerage and margin accounts are non-discretionary and all investment decisions are made by the client. J.P. Morgan Securities LLC ("JPMS") does not provide advice on asset allocation or investment management services, nor do its personnel take discretion over any client accounts. Such advice and services are provided exclusively by the Bank. Consolidated Statement Page 2 EFTA01539598 For the Period 4/1/12 to 4/30/12 Consolidated Summary INVESTMENT ACCOUNT(S) YEAR-TO-DATE Portfolio Activity FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Tax Summary FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Account Number $1,054,244.22 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. $412,578.96 $189,568.75 Account Number MI' Beginning Market Value 69,262,768.82 299,802.94 $69,562,571.76 Taxable Income 1,054,244.22 Tax-Exempt Income Net Contributions/ Withdrawals 541.89 (97.58) $444.31 Other Income & Receipts Income & Distributions 1,054,244.22 $1,054,244.22 Change in Investment Value 1,768,574.77 3,840.00 $1,772,414.77 Realized Gain/Loss EFTA01539599 Short-term 412,578.96 Long-term 189,568.75 Ending Market Value with Accruals 72,613,266.17 303,545.36 $72,916,811.53 Unrealized Gain/Loss, 1,766,070.73 8,134.63 $1,774,205.36 CONTINUED Consolidated Statement Page 3 EFTA01539600 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Asset Account J.P. Morgan Team Paul Morris Paul Barrett Janet Young Gina Magliocco Online access Banker Investment Specialist Client Service Team Client Service Team www.jpmorganonline.com Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 8 9 17 Account Page 1 of 26 Consolidated Statement Page 4 EFTA01539601 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 26,341,181.35 3,950,250.00 41,663,149.54 $71,954,580.89 521,764.09 $72,476,344.98 Ending Market Value 25,684,137.78 3,930,232.50 42,471,759.42 $72,086,129.70 527,136.47 $72,613,266.17 Current Portfolio Activity Beginning Market Value Contributions Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals $0.00 299,530.11 (167,981.30) $72,086,129.70 527,136.47 $72,613,266.17 Period Value 71,954,580.89 Change In Value (657,043.57) (20,017.50) 808,609.88 $131,548.81 EFTA01539602 5,372.38 $136,921.19 Equity Year-to-Date Value 69,262,768.82 1,028,454.65 (1,027,912.76) $541.89 1,054,244.22 1,768,574.77 $72,086,129.70 527,136.47 $72,613,266.17 Estimated 906,228.75 Current Annual Income Allocation 36% 5% 2,152,583.78 $3,058,812.53 59% 100% Alternative Assets Cash & Fixed Income Asset Allocation Account Page 2 of 26 Consolidated Statement Page 5 EFTA01539603 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Account Summary Tax Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Accrued Interest Current Year Taxable Income 301,397.13 (1,867.02) $299,530.11 CONTINUED Current Period Value Year-to-Date Value 42,156.25 19,931.62 290,367.33 736,499.92 (34,710.90) $1,054,244.22 Unrealized Gain/Loss ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 34,989.65 30,000.00 $64,989.65 Year-to-Date Value 412,578.96 189,568.75 $602,147.71 To-Date Value $1,766,070.73 Cost Summary Equity Cash & Fixed Income Total 41,784,566.50 Cost 27,155,628.91 $68,940,195.41 Account Page 3 of 26 Consolidated Statement Page 6 EFTA01539604 EFTA01539605 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Equity Summary Asset Categories US Large Cap Equity US Small/Mid Cap Equity Preferred Stocks Concentrated & Other Equity Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Yield Beginning Market Value 8,772,799.30 555,500.00 4,829,491.80 12,183,390.25 $26,341,181.35 Ending Market Value 8,626,071.45 515,000.00 4,400,445.00 12,142,621.33 $25,684,137.78 Current Period Value 25,684,137.78 27,155,628.91 (355,222.46) 906,228.75 3.51% US Large Cap Equity Equity as a percentage of your portfolio - 36 % Change In Value (146,727.85) (40,500.00) (429,046.80) (40,768.92) ($657,043.57) Current Allocation 12% 1% 6% 17% EFTA01539606 36% Concentrated & Other Equity US Small/Mid Cap Equity Preferred Stocks Asset Cate ories Account Page 4 of 26 Consolidated Statement Page 7 EFTA01539607 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Note: P ** indicates position adjusted for Pending Trade Activity. Unrealized Gain/Loss is shown as "N/A" in cases where we do not have appropriate cost information for all tax lots comprising the position. Please contact your J.P. Morgan team for additional information. Equity Detail Price US Large Cap Equity ARIAD PHARMACEUTICALS INC BIOGEN IDEC INC 04033A-10-0 ARIA 134.01 09062X-10-3 BIIB DB CONT BUFF EQ MS 08/07/12 25% CONTIN BARRIER- 13%CPN 30% CAP INITIAL LEVEL-07/15/11 MS:21.09 2515A1-A7-6 HSBC MARKET PLUS SPX 05/17/13 72% KO BARRIER- 0%CPN ,UNCAPPED INITIAL LEVEL-02/14/12 SPX:1350 50 4042K1-XQ-1 SG MARKET PLUS SPX 02/07/13 75% CONTIN BARRIER- 6.25%CPN ,UNCAPPED INITIAL LEVEL-08/03/11 SPX:1,260.34 78423A-2Y-7 Total US Large Cap Equity $8,626,071.45 $8,501,930.47 $124,140.98 $0.00 0.00% 108.93 2,000,000.000 2,178,600.00 2,000,000.00 178,600.00 101.67 5,000,000.000 5,083,500.00 5,000,000.00 83,500.00 81.37 1,000,000.000 EFTA01539608 813,700.00 1,000,000.00 (186,300.00) 2,095.000 280,750.95 250,454.95 30,296.00 16.30 16,535.000 269,520.50 251,475.52 18,044.98 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Account Page 5 of 26 Consolidated Statement Page 8 EFTA01539609 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price US Small/Mid Cap Equity P ARES COMMERCIAL REAL ESTATE DEUTSCHE BK AG LDN BRH 04013V-10-8 ACRE 10.30 DBL LONG ETN38 25154H-55-8 DAG Total US Small/Mid Cap Equity $515,000.00 $352,529.00 $162,471.00 $0.00 0.00% 50,000.000 515,000.00 352,529.00 162,471.00 18.50 0.00 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Preferred Stocks BARCLAYS BANK PLC 25.54 PFD SHS SER 5 8 1/8% 06739H-36-2 BCS PDAA /P-2 CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 GMAC CAPITAL TRUST I PFD STK 8 1/8% 361860-20-8 P MFA FINANCIAL INC PFD 8% 55272X-30-0 MFO PNC FINANCIAL SERVICES 6 1/8% PFD 693475-85-7 PNC PPNA /BAA Total Preferred Stocks EFTA01539610 25.30 27,000.000 683,100.00 $4,400,445.00 675,000.00 $4,310,339.10 8,100.00 $90,105.90 41,337.00 $342,603.75 6.05% 7.78% 24.90 0.00 8.03% 23.95 80,000.000 1,916,000.00 1,882,773.60 33,226.40 162,480.00 8.48% 26.63 30,000.000 798,900.00 750,000.00 48,900.00 59,070.00 7.39% 39,250.000 1,002,445.00 1,002,565.50 (120.50) 79,716.75 7.95% Account Page 6 of 26 Consolidated Statement Page 9 EFTA01539611 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price Concentrated & Other Equity GENERAL MOTORS CO CV PFD B 37045V-20-9 GM PB JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 46625H-HA-1 BBB /BAA LONG TOTAL RETURN SWAP 4,044,412.80 USD NOTIONAL APPLE INC MAT FEB 05 2013 DEAL 9966782 N/O Client SWPBDP-MH-9 MS MARKET PLUS MO 06/18/12 78% CONTIN BARRIER-15%CPN ,UNCAPPED INITIAL LEVEL-12/09/10 MO: 24.59 617482-QA-5 MS MARKET PLUS TEF SM 7/26/12 75% CONTIN BARRIER-25.5%CPN ,UNCAPPED INITIAL LEVEL-1/13/11 TEF: 17.69 617482-QR-8 Total Concentrated & Other Equity $12,142,621.33 $13,990,830.34 ($731,940.34) $563,625.00 4.62% 57.57 2,000,000.000 1,151,300.00 2,000,000.00 (848,700.00) 128.59 3,000,000.000 3,857,550.00 3,000,000.00 857,550.00 125.99 8,860.000 (1,116,268 67) N/A ** N/A 109.56 5,000,000.000 5,478,200.00 EFTA01539612 5,404,861.12 73,338.88 395,000.00 7.16% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 39.04 71,000.000 2,771,840.00 3,585,969.22 (814,129.22) 168,625.00 6.08% Account Page 7 of 26 Consolidated Statement Page 10 EFTA01539613 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value 3,950,250.00 Alternative Assets Detail Price Hard Assets 3PM CORN DLY LIQUIDITY NT 07/25/13 LNKD TO DJUBCN3T 07/22/10 48124A-WK-9 157.21 2,500,000.000 3,930,232.50 2,512,500.00 Quantity Estimated Value Cost Ending Estimated Value 3,930,232.50 Change In Value (20,017.50) Current Allocation 5% Account Page 8 of 26 Consolidated Statement Page 11 EFTA01539614 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Cash & Fixed Income Summary Beginning Asset Categories Cash Non-USD Cash US Fixed Income Non-US Fixed Income Complementary Structured Strategies Foreign Exchange Contracts Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Market Value 12,855,665.08 1,115,149.54 25,195,402.00 1,298,403.10 1,214,897.59 (16,367.77) $41,663,149.54 Ending Market Value 10,159,122.01 1,108,324.83 27,468,423.07 1,214,500.70 2,537,756.58 (16,367.77) $42,471,759.42 Current Period Value 42,471,759.42 41,784,566.50 703,560.69 2,152,583.78 527,136.47 5.48% Cash & Fixed Income as a percentage of your portfolio 59 % Change In Value (2,696,543.07) (6,824.71) 2,273,021.07 (83,902.40) EFTA01539615 1,322,858.99 0.00 $808,609.88 Current Allocation 14% 2% 37% 2% 4% 59% Non-US Fixed Income Non-USD Cash US Fixed Income Complementary Structured Strategies Asset Categories Cash Account Page 9 of 26 Consolidated Statement Page 12 EFTA01539616 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 6-12 months, 1-5 years, 5-10 years, 10+ years, Total Value 1 SUMMARY BY TYPE Market Value 15,039,893.42 1,076,100.00 13,707,700.00 3,518,750.00 9,145,683.77 $42,488,127.19 % of Bond Portfolio 37% 2% 32% 8% 21% 100% The years indicate the number of years until the bond is scheduled to mature based on the statement end date. Some bonds may be called, or paid in full, before their stated maturity. Cash & Fixed Income Cash NON USD Cash Corporate Bonds International Bonds Mortgage and Asset Backed Bonds Complementary Structure Other Total Value Market Value 10,159,122.01 1,108,324.83 19,960,990.00 2,183,220.70 2,727,923.07 2,537,756.58 3,810,790.00 $42,488,127.19 EFTA01539617 % of Bond Portfolio 23% 2% 51% 5% 6% 5% 8% 100% Account Page 10 of 26 Consolidated Statement Page 13 EFTA01539618 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY US DOLLAR (16,367.77) Value in Currency Note: 1 This is the Annual Percentage Yield (APY) which is the rate earned if balances remain on deposit for a full year with compounding, there is no change in the interest rate and all interest is left in the account. Cash & Fixed Income Detail Price Cash US DOLLAR COST OF PENDING PURCHASES PROCEEDS FROM PENDING SALES Total Cash 1.00 1.00 1.00 9,638,817.65 (58,275.00) 578,579.36 9,638,817.65 (58,275.00) 578,579.36 $10,159,122.01 9,638,817.65 (58,275.00) 578,579.36 $10,159,122.01 $0.00 $963.88 $89.65 Non-USD Cash CANADIAN DOLLAR 0.01% 963.88 89.65 0.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income EFTA01539619 Accrued Interest Yield 1.01 0.01 0.01 0.01 Account Page 11 of 26 Consolidated Statement Page 14 EFTA01539620 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price Non-USD Cash EURO PRINCIPAL CURRENCY Total Non-USD Cash 1.32 837,388.58 1,108,324.82 $1,108,324.83 1,099,726.08 $1,099,726.09 8,598.74 $8,598.74 $0.00 0.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield US Fixed Income ALLY FINANCIAL INC 22.40 8 1/2% PFD 02005N-30-8 NA /CAA HARTFORD FINL SVCS GRP PFD 7 7/8% 416518-50-4 AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 02503Y-AF-0 B /NA ROYAL BANK SCOTLAND GRP PLC 5.05% JAN 08 2015 DTD 12/08/2004 780097-AP-6 BB+ /BA2 HCA INC 6 1/2% FEB 15 2016 DTD 2/8/2006 404119-AR-0 B- /B3 CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 125581-FZ-6 BB- /B1 100.25 5,000,000.00 EFTA01539621 5,012,500.00 4,725,000.00 287,500.00 96.87 1,000,000.00 968,720.00 966,000.00 2,720.00 50,500.00 15,851.00 107.50 1,500,000.00 1,612,500.00 1,530,000.00 82,500.00 97,500.00 20,583.00 350,000.00 78,750.00 6.33% 101.32 2,000,000.00 2,026,480.00 2,031,000.00 (4,520.00) 159,200.00 13,708.00 7.11% 26.35 37,000.00 974,950.00 925,000.00 49,950.00 72,853.00 7.47% 126,600.00 2,835,840.00 2,782,242.51 53,597.49 268,392.00 67,256.25 9.46% 4.33% 6.93% Account Page 12 of 26 Consolidated Statement Page 15 EFTA01539622 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 4/1/12 to 4/30/12 Price US Fixed Income AMERICAN AXLE & MFG INC 7 7/8% MAR 1 2017 DTD 2/27/2007 02406P-AF-7 B /B2 CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 125581-GA-0 BB- /B1 NRG ENERGY INC 7 5/8% JAN 15 2018 DTD 07/15/2011 629377-BN-1 BB- /B1 SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 81743P-AH-9 AA+ /B2 BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 05950M-AF-7 CC /CA BANK OF AMERICA CORP 8 1/8% PFD STK DEC 29 2049 DTD 04/30/2008 060505-DT-8 BB+ /BA3 103.62 2,000,000.00 2,072,400.00 2,081,180.56 (8,780.56) 162,500.00 74,930.00 7.82% 63.31 2,508,251.38 1,587,933.82 1,630,363.40 (42,429.58) 13,036.63 165.54 9.31% 63.64 1,791,374.06 1,139,989.25 1,074,824.43 65,164.82 20,058.91 136.14 EFTA01539623 9.77% 101.25 1,000,000.00 1,012,500.00 1,001,500.00 11,000.00 76,250.00 22,451.00 7.35% 100.25 2,500,000.00 2,506,250.00 2,306,250.00 200,000.00 175,000.00 24,790.00 6.94% 103.50 2,500,000.00 2,587,500.00 2,615,625.00 (28,125.00) 196,875.00 32,812.50 7.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Account Page 13 of 26 Consolidated Statement Page 16 EFTA01539624 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price US Fixed Income SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 842400-FU-2 BBB /BAA Total US Fixed Income $27,468,423.07 $26,668,968.40 $799,454.67 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 104.36 3,000,000.00 3,130,860.00 2,999,982.50 130,877.50 187,500.00 54,165.00 $1,829,665.54 $405,598.43 Non-US Fixed Income REPUBLIC OF ARGENTINA - ARS FLOATING RATE NOTE DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN ARARGEO3E147 SEDOL B1MYWX3 EC0698-9B-7 ARS REPUBLIC OF ARGENTINA NOTES DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN US040114GM64 SEDOL BOS5NQ3 042993-9S-6 Total Non-US Fixed Income $1,214,500.70 $1,356,750.00 ($142,249.30) $321,954.36 $121,448.39 26.99% 12.25 EFTA01539625 7,500,000.00 918,750.00 1,038,750.00 (120,000.00) 237,652.50 89,602.50 26.42% 5.96% 7.29% 2.96 10,000,000 00 295,750.70 318,000.00 (22,249.30) 84,301.86 31,845.89 28.75% Account Page 14 of 26 Consolidated Statement Page 17 EFTA01539626 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 4/1/12 to 4/30/12 Price Complementary Structured Strategies JPY CALL CAD PUT FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 76. KI @ 71 XJPYCA-RC-Z CAD JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 81. KI @79 XJPYCA-RZ-Z JPY PUT CAD CALL FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 83.25 XJPYPA-YX-Z CAD JPY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 83. XJPYPB-AN-Z MXN CALL USD PUT FX EUROPEAN STYLE OPTION JUN 19, 2012 @ 12.565 XMXNCA-DN-Z MXN PUT USD CALL FX EUROPEAN STYLE OPTION JUN 19, 2012 @ 12.9 AT EXP KI @ 13.25 XMXNPA-IP-Z 0.16 (12,900,000.00 ) (21,061.17) (17,200.00) (3,861.17) 0.02 12,565,000.00 3,022.41 17,200.00 (14,177.59) 415,000,000.00 2,582.20 26,500.00 (23,917.80) 0.02 832,500,000.00 125,798.55 411,436.90 (285,638.35) 0.02 EFTA01539627 (405,000,000.00 ) (73,498.87) (26,500.00) (46,998.87) Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.01 (760,000,000.00 ) (75,186.54) (411,436.90) 336,250.36 Account Page 15 of 26 Consolidated Statement Page 18 EFTA01539628 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price Complementary Structured Strategies HSBC MARKET PLUS MXN NOTE 11/2/12 LNKED TO MXN VS USD 25% BUFFER, 9.75%CPN, 100%MAXRTN 10/26/11 4042K1-RA-3 JP MORGAN CHASE BANK NA ZERO CPN 4662A0-40-1 Total Complementary Structured Strategies 100.00 4/5/12 1,500,000.00 1,500,000.00 $2,537,756.58 1,500,000.00 $2,500,000.00 $37,756.58 $0.00 0.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 107.61 1,000,000.00 1,076,100.00 1,000,000.00 76,100.00 Market Value Receivable Trade Date Foreign Exchange Contracts CHINESE RENMINBI CHINESE RENMINBI US DOLLAR US DOLLAR Total Foreign Exchange Contracts Jun. 8 11 Jun. 11 12 Oct. 5 11 Jun. 11 12 CNY EFTA01539629 USD CNY USD 31,818,000.00 (5,000,000.00) (31,818,000.00) 4,983,632.23 6.363600 6.384500 6.302996 6.302996 5,048,075.37 5,000,000.00 4,983,632.23 5,048,075.37 $10,031,707.60 $10,048,075.37 48,075.37 (64,443.14) ($16,367.77) Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Account Page 16 of 26 Consolidated Statement Page 19 EFTA01539630 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Total Outflows Foreign Exchange - Outflows $0.00 TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 6,996,665.56 (9,075,321.41) ($2,078,655.85) $9,638,817.65 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a FIRST IN, FIRST OUT method for relieving assets from your position 30,243,605.37 (44,014,525.49) ($13,770,920.12) -$299,530.11 Period Value 11,417,943.39 299,530.11 Year-To-Date Value* -763,876.89 1,028,454.65 17,928,716.44 $19,721,047.98 (17,500,000.00) ($17,500,000.00) Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value $0.00 Year-To-Date EFTA01539631 Value* 13,020.83 $13,020.83 Account Page 17 of 26 Consolidated Statement Page 20 EFTA01539632 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 4/2 4/2 4/4 4/5 4/5 Corporate Interest Interest Income Foreign Interest Accrued Int Recd Accrued Int Paid Description AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 (ID: 02503Y-AF-0) DEPOSIT SWEEP INTEREST FOR MAR. @ .01% RATE ON NET AVG COLLECTED BALANCE OF $12,678,600.47 AS OF 04/01/12 BRASKEM FINANCE LTD 144A 7 3/8% OCT 29 2049 DTD 10/04/2010 HELD BY EUROCLEAR ISIN US10553YAC93 SEDOL B3WJX06 (ID: 10553Y-9A-5) FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 (ID: 345397-VN-0) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 04/02/12 FACE VALUE 8,000,000.00 (ID: 81743P-AH-9) 4/13 4/17 Accrued Int Recd Accrued Int Paid BRASKEM FINANCE LTD 144A 7 3/8% OCT 29 2049 DTD 10/04/2010 HELD BY EUROCLEAR ISIN US10553YAC93 SEDOL B3WJX06 (ID: 10553Y-9A-5) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 @ 65.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 04/12/12 FACE VALUE 6,000,000.00 (ID: 05950M-AF-7) 4/20 Corporate Interest BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 (ID: 05950M-AF-7) 2,534,706.900 1,138.80 EFTA01539633 2,534,706.900 0.00 (1,028.70) 300,000.000 0.002 553.13 1,200,000.000 1,793,589.040 0.00 0.033 39,666.67 (838.32) 300,000.000 0.018 5,531.25 Quantity Cost 2,000,000.000 Per Unit Amount 0.02 Amount 39,800.00 107.39 Account Page 18 of 26 Consolidated Statement Page 21 EFTA01539634 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 4/20 4/30 4/30 Corporate Interest Corporate Interest Interest Income Total Inflows & Outflows TRADE ACTIVITY Note: Trade Date Settle Date 3/28 4/2 3/28 4/2 3/28 4/2 Description SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 (ID: 81743P-AH-9) JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 (ID: 46625H-HA-1) CITIGROUP CAPITAL XIII 7 7/8% PFD @ 0.492187 PER SHARE (ID: 173080-20-1) 5,000,000.000 30,000.000 0.04 0.492 197,500.00 14,765.61 $299,530.11 Quantity Cost Per Unit Amount 1,793,589.040 0.001 Amount 2,334.28 L indicates Long Term Realized Gain/Loss S indicates Short Term Realized Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Type Selection Method Description EFTA01539635 Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO Sale FIFO ANNIE'S INC @ 31.51302 15,756.51 BROKERAGE 100.00 TAX &/OR SEC .36 J.P. MORGAN SECURITIES LLC (ID: 03600T-10-4) DOLLAR GENERAL CORP @ 45.34494 204,052.23 BROKERAGE 225.00 TAX &/OR SEC 4.58 J.P. MORGAN SECURITIES LLC (ID: 256677-10-5) VOCERA COMMUNICATIONS INC @ 23.31 17,482.50 BROKERAGE 100.00 TAX &/OR SEC .40 J.P. MORGAN SECURITIES LLC (ID: 92857F-10-7) (750.000) 23.176 17,382.10 (12,000.00) 5,382.10 S* (4,500.000) 45.294 203,822.65 (203,625.00) 197.65 S* Quantity (500.000) Per Unit Amount 31.312 Proceeds 15,656.15 Tax Cost (9,500.00) Realized Gain/Loss 6,156.15 S* Account Page 19 of 26 Consolidated Statement Page 22 EFTA01539636 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date 3/29 4/3 3/29 4/3 3/29 4/3 3/29 4/3 3/8 4/4 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO ALEXANDRIA REAL ESTATE E PFD 6.45% @ 24.43029 903,920.73 BROKERAGE 1,850.00 TAX &/OR SEC 20.25 J.P. MORGAN SECURITIES LLC (ID: 015271-70-3) KIMCO REALTY CORP 6% PFD @ 24.61232 1,230,616.00 BROKERAGE 2,500.00 TAX &/OR SEC 27.57 J.P. MORGAN SECURITIES LLC (ID: 49446R-79-4) MERRIMACK PHARMACEUTICALS INC @ 6.25 18,750.00 BROKERAGE 150.00 TAX &/OR SEC .42 J.P. MORGAN SECURITIES LLC (ID: 590328-10-0) ZYNGA INC @ 12.49018 44,964.65 BROKERAGE 180.00 TAX &/OR SEC 1.01 J.P. MORGAN SECURITIES LLC (ID: 98986T-10-8) PR CMWLTH PUBLIC IMPT UNLIMITED TAX 5 1/8% A JUL 01 2037 DTD 04/03/2012 HELD BY DTC BOOK ENTRY ONLY PAR CALL 07/01/2022 @ 100 @ 98.654 JP MORGAN SECURITIES LLC (BIDL) (ID: 74514L-B6-3) 3/30 4/4 3/30 4/4 4/2 EFTA01539637 4/5 Sale FIFO Sale FIFO Sale FIFO GASLOG LTD @ 12.80444 69,143.98 BROKERAGE 270.00 TAX &/OR SEC 1.55 J.P. MORGAN SECURITIES LLC (ID: G37585-10-9) DUNKIN BRANDS GROUP INC @ 29.46611 212,155.99 BROKERAGE 360.00 TAX &/OR SEC 4.76 J.P. MORGAN SECURITIES LLC (ID: 265504-10-0) FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 @ 109.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 345397-VN-0) (1,200,000.000 ) 109.00 1,308,000.00 (1,278,000.00) 30,000.00 L (7,200.000) 29.415 211,791.23 (212,400.00) (608.77) S* (5,400.000) 12.754 68,872.43 (75,600.00) (6,727.57) S* (1,000,000.000 ) 98.70 986,540.00 (982,540.00) 4,000.00 S* (3,600.000) 12.44 44,783.64 (43,200.00) 1,583.64 S* (3,000.000) 6.20 18,599.58 (21,000.00) (2,400.42) S* (50,000.000) 24.562 1,228,088.43 (1,250,000.00) (21,911.57) S* EFTA01539638 Quantity (37,000.000) Per Unit Amount 24.38 Proceeds 902,050.48 Tax Cost (925,000.00) Realized Gain/Loss (22,949.52) S* Account Page 20 of 26 Consolidated Statement Page 23 EFTA01539639 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date 4/4 4/4 4/10 4/5 4/11 4/5 4/11 4/10 4/13 4/12 4/17 4/12 4/17 4/12 4/17 4/16 4/19 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale 4/10 FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO CLOVIS ONCOLOGY INC @ 20.24383 50,103.48 BROKERAGE 123.75 TAX &/OR SEC 1.13 J.P. MORGAN SECURITIES LLC (ID: 189464-10-0) WILLIAMS PARTNERS LP @ 54.25 54,250.00 BROKERAGE 100.00 TAX &/OR SEC 1.22 J.P. MORGAN SECURITIES LLC (ID: 96950E-10-4) HOVNANIAN ENTERPRISES INC CL A @ 2.02493 41,004.83 BROKERAGE 1,012.50 TAX &/OR SEC .92 EFTA01539640 J.P. MORGAN SECURITIES LLC (ID: 442487-20-3) RETAIL PROPERTIES OF AME - A @ 8.70157 66,567.01 BROKERAGE 382.50 TAX &/OR SEC 1.50 J.P. MORGAN SECURITIES LLC (ID: 76131V-20-2) BRASKEM FINANCE LTD 144A 7 3/8% OCT 29 2049 DTD 10/04/2010 HELD BY EUROCLEAR ISIN US10553YAC93 SEDOL B3W3X06 (ID: 10553Y-9A-5) FORUM ENERGY TECHNOLOGIES IN @ 22.03382 22,320.26 BROKERAGE 100.00 TAX &/OR SEC .50 J.P. MORGAN SECURITIES LLC (ID: 34984V-10-0) OAKTREE CAPITAL GROUP LLC @ 42.43013 42,430.13 BROKERAGE 100.00 TAX 64/OR SEC .96 J.P. MORGAN SECURITIES LLC (ID: 674001-20-1) QR ENERGY LP @ 19.17 51,759.00 BROKERAGE 135.00 TAX &/OR SEC 1.16 J.P. MORGAN SECURITIES LLC (ID: 74734R-10-8) AMERICAN CAPITAL AGENCY 8% PFD @ 25.09668 702,707.04 BROKERAGE 1,400.00 TAX &/OR SEC 15.75 J.P. MORGAN SECURITIES LLC (ID: 02503X-20-4) (28,000.000) 25.046 701,291.29 (700,000.00) 1,291.29 S (2,700.000) 19.12 51,622.84 (51,786.00) (163.16) S (1,000.000) 42.329 42,329.17 (43,000.00) (670.83) S (1,013.000) 21.935 22,219.76 (20,260.00) 1,959.76 S (300,000.000) 100.40 301,140.00 (301,125.00) 15.00 S (7,650.000) 8.651 66,183.01 (61,200.00) 4,983.01 S (20,250.000) EFTA01539641 1.975 39,991.41 (40,500.00) (508.59) S (1,000.000) 54.149 54,148.78 (54,560.00) (411.22) S Quantity (2,475.000) Per Unit Amount 20.193 Proceeds 49,978.60 Tax Cost (49,500.00) Realized Gain/Loss 478.60 S Account Page 21 of 26 Consolidated Statement Page 24 EFTA01539642 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date 4/16 4/19 4/20 4/20 4/20 4/20 4/17 4/20 4/18 4/23 4/19 4/24 4/19 4/24 4/19 4/24 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO NEXTERA ENERGY CAPITAL 5.7% PFD @ 25.49364 474,181.70 BROKERAGE 930.00 TAX &/OR SEC 10.63 J.P. MORGAN SECURITIES LLC (ID: 65339K-60-5) Principal Payment BANC OF AMERICA FUNDING CORPORATION SER 2006-G Pro Rata CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 PAYMENT A/C PRINCIPAL (ID: 05950M-AF-7) Principal Payment SEQUOIA MORTGAGE TRUST SER 2003-1 CL 81 Pro Rata FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL (ID: 81743P-AH-9) Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO APOLLO RESIDENTIAL MORTGAGE @ 17.99 40,477.50 BROKERAGE 112.50 TAX &/OR SEC .91 J.P. MORGAN SECURITIES LLC (ID: 03763V-10-2) FRANCESCAS HOLDINGS CORP @ 28.19 42,285.00 BROKERAGE 100.00 TAX &/OR SEC .95 J.P. MORGAN EFTA01539643 SECURITIES LLC (ID: 351793-10-4) GUIDEWIRE SOFTWARE INC @ 29.45 44,175.00 BROKERAGE 100.00 TAX &/OR SEC .99 J.P. MORGAN SECURITIES LLC (ID: 40171V-10-0) SPLUNK INC @ 31.50 15,750.00 BROKERAGE 100.00 TAX &/OR SEC .36 J.P. MORGAN SECURITIES LLC (ID: 848637-10-4) TUMI HOLDINGS INC @ 25.84437 18,091.06 BROKERAGE 100.00 TAX &/OR SEC .41 J.P. MORGAN SECURITIES LLC (ID: 89969Q-10-4) Total Settled Sales/Maturities/Redemptions $6,996,665.56 ($6,964,258.58) $30,000.00 L $2,406.98 S (700.000) 25.701 17,990.65 (12,600.00) 5,390.65 S (500.000) 31.299 15,649.64 (8,500.00) 7,149.64 S (1,500.000) 29.383 44,074.01 (42,375.00) 1,699.01 S (1,500.000) 28.123 42,184.05 (41,400.00) 784.05 S (2,250.000) 17.94 40,364.09 (41,062.50) (698.41) S (2,214.980) 100.00 2,214.98 (1,328.99) 885.99 S (26,455.520) 100.00 26,455.52 (17,196.09) 9,259.43 S Quantity EFTA01539644 (18,600.000) Per Unit Amount 25.443 Proceeds 473,241.07 Tax Cost (465,000.00) Realized Gain/Loss 8,241.07 S Account Page 22 of 26 Consolidated Statement Page 25 EFTA01539645 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date Type Settled Securities Purchased 3/28 Purchase 4/2 3/28 4/2 3/28 4/2 3/8 4/3 Purchase Purchase Purchase Description ANNIE'S INC @ 19.00 J.P. MORGAN SECURITIES LLC (ID: 03600T-10-4) DOLLAR GENERAL CORP @ 45.25 J.P. MORGAN SECURITIES LLC (ID: 256677-10-5) VOCERA COMMUNICATIONS INC @ 16.00 J.P. MORGAN SECURITIES LLC (ID: 92857F-10-7) PR CMWLTH PUBLIC IMPT UNLIMITED TAX 5 1/8% A JUL 01 2037 DTD 04/03/2012 HELD BY DTC BOOK ENTRY ONLY PAR CALL 07/01/2022 @ 100 @ 98.254 JP MORGAN SECURITIES LLC (BIDL) (ID: 74514L-B6-3) 3/29 4/3 3/28 4/3 3/30 4/4 3/30 4/4 4/2 4/5 3/29 4/5 4/2 4/5 Purchase Purchase Purchase Purchase Purchase Purchase Purchase EFTA01539646 MERRIMACK PHARMACEUTICALS INC @ 7.00 J.P. MORGAN SECURITIES LLC (ID: 590328-10-0) ZYNGA INC @ 12.00 J.P. MORGAN SECURITIES LLC (ID: 98986T-10-8) GASLOG LTD @ 14.00 J.P. MORGAN SECURITIES LLC (ID: G37585-10-9) DUNKIN BRANDS GROUP INC @ 29.50 J.P. MORGAN SECURITIES LLC (ID: 265504-10-0) HARTFORD FINL SVCS GRP PFD 7 7/8% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 416518-50-4) AMERICAN CAPITAL AGENCY 8% PFD @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 02503X-20-4) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 8,000,000.00 (ID: 81743P-AH-9) 3,000.000 3,600.000 5,400.000 7,200.000 37,000.000 28,000.000 1,793,589.040 7.00 12.00 14.00 29.50 25.00 25.00 60.00 (21,000.00) (43,200.00) (75,600.00) (212,400.00) (925,000.00) (700,000.00) * (1,076,153.42) * * * * Quantity 500.000 4,500.000 750.000 1,000,000.000 Per Unit Amount 19.00 45.25 16.00 EFTA01539647 98.30 Market Cost (9,500.00) (203,625.00) (12,000.00) (982,540.00) * * * * Account Page 23 of 26 Consolidated Statement Page 26 EFTA01539648 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date Type Settled Securities Purchased 4/4 Purchase 4/10 4/4 4/10 4/3 4/11 4/5 4/11 4/5 4/11 4/5 4/16 4/12 4/17 4/11 4/17 4/11 4/17 4/12 4/17 4/17 4/20 4/18 4/23 Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Description CLOVIS ONCOLOGY INC @ 20.00 J.P. MORGAN SECURITIES LLC (ID: 189464-10-0) WILLIAMS PARTNERS LP @ 54.56 J.P. MORGAN SECURITIES LLC (ID: 96950E-10-4) MFA FINANCIAL INC PFD 896 @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 55272X-30-0) HOVNANIAN ENTERPRISES INC CL A @ 2.00 J.P. MORGAN SECURITIES LLC (ID: 442487-20-3) EFTA01539649 RETAIL PROPERTIES OF AME - A @ 8.00 J.P. MORGAN SECURITIES LLC (ID: 76131V-20-2) JP MORGAN CHASE BANK NA ZERO CPN @ 100.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 4662A0-4Q-1) FORUM ENERGY TECHNOLOGIES IN @ 20.00 J.P. MORGAN SECURITIES LLC (ID: 34984V-10-0) OAKTREE CAPITAL GROUP LLC @ 43.00 J.P. MORGAN SECURITIES LLC (ID: 674001-20-1) QR ENERGY LP @ 19.18 J.P. MORGAN SECURITIES LLC (ID: 74734R-10-8) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 @ 65.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 6,000,000.00 (ID: 05950M-AF-7) APOLLO RESIDENTIAL MORTGAGE @ 18.25 J P. MORGAN SECURITIES LLC (ID: 03763V-10-2) FRANCESCAS HOLDINGS CORP @ 27.60 J.P. MORGAN SECURITIES LLC (ID: 351793-10-4) 2,250.000 1,500.000 18.25 27.60 (41,062.50) (41,400.00) Quantity 2,475.000 1,000.000 21,000.000 20,250.000 7,650.000 1,500,000.000 1,013.000 1,000.000 2,700.000 2,534,706.900 Per Unit Amount 20.00 54.56 25.00 2.00 8.00 100.00 20.00 43.00 19.18 65.00 Market Cost (49,500.00) (54,560.00) (525,000.00) EFTA01539650 (40,500.00) (61,200.00) (1,500,000.00) (20,260.00) (43,000.00) (51,786.00) (1,647,559.49) Account Page 24 of 26 Consolidated Statement Page 27 EFTA01539651 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date Type Settled Securities Purchased 4/20 4/24 4/20 4/24 4/19 4/24 4/18 4/24 4/19 4/24 4/19 4/24 Write Option Description Purchase Option JPY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 83. PURCHASED FX OPTION PUT 415,000,000.00 JPY CALL 5,000,000.00 USD (ID: XJPYPB-AN-Z) JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 81. KI @79 WRITTEN FX OPTION CALL 405,000,000.00 JPY PUT 5,000,000.00 USD (ID: XJPYCA-RZ-Z) Purchase Purchase Purchase Purchase Total Settled Securities Purchased Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 4/26 5/1 4/26 5/1 Sale ARES COMMERCIAL REAL ESTATE (ID: 04013V-10-8) MFA FINANCIAL INC PFD 896 (ID: 55272X-30-0) Quantity (3,150.000) (11,095.000) Per Unit Amount 18.00 EFTA01539652 24.917 GUIDEWIRE SOFTWARE INC @ 28.25 J.P. MORGAN SECURITIES LLC (ID: 40171V-10-0) SPLUNK INC @ 17.00 J.P. MORGAN SECURITIES LLC (ID: 848637-10-4) TUMI HOLDINGS INC @ 18.00 J.P. MORGAN SECURITIES LLC (ID: 89969Q-10-4) PNC FINANCIAL SERVICES 6 1/8% PFD @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 693475-85-7) 1,500.000 500.000 700.000 27,000.000 28.25 17.00 18.00 25.00 (42,375.00) (8,500.00) (12,600.00) (675,000.00) ($9,075,321.41) Proceeds 56,541.22 275,897.49 Tax Cost (58,275.00) (277,375.00) Realized Gain/Loss (1,733.78) S (1,477.51) S (405,000,000.000 ) 26,500.00 Quantity 415,000,000.000 Per Unit Amount Market Cost (26,500.00) Account Page 25 of 26 Consolidated Statement Page 28 EFTA01539653 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 4/27 5/2 MFA FINANCIAL INC PFD 896 (ID: 55272X-30-0) Total Pending Sales, Maturities, Redemptions Quantity (9,905.000) Per Unit Amount 24.90 Proceeds 246,140.65 $578,579.36 Tax Cost (247,625.00) ($583,275.00) Realized Gain/Loss (1,484.35) S ($4,695.64) S Trade Date Est. Settle Date Type Pending Securities Purchased 4/25 Purchase 5/1 Description ARES COMMERCIAL REAL ESTATE (ID: 04013V-10-8) Quantity 3,150.000 Per Unit Amount 18.50 Market Cost (58,275.00) Account Page 26 of 26 Consolidated Statement Page 29 EFTA01539654 J.P. Morgan Securities LLC FINANCIAL TRUST COMPANY INC 383 Madison Avenue, New York, NY 10179 ACCT. For the Period 4/1/12 to 4/30/12 Margin Account J.P. Morgan Team Paul Morris Paul Barrett Janet Young Gina Magliocco Online access Banker Investment Specialist Client Service Team Client Service Team www.jpmorganonline.com Transactions cleared and carried through J.P. Morgan Clearing Corp. Three Chase Metrotech Center, Brooklyn, NY 11245-0001, (347) 643-2578 Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). Table of Contents Account Summary Holdings Equity Cash & Fixed Income Portfolio Activity Page 2 4 5 7 Account Page 1 of 7 Consolidated Statement Page 30 EFTA01539655 FINANCIAL TRUST COMPANY INC Account Summary MARGIN Cash Asset Allocation Equity Cash & Fixed Income Market Value Market Value 0.00 0.00 $0.00 Margin Market Value 0.00 303,275.36 $303,275.36 Current Portfolio Activity Beginning Market Value Withdrawals & Fees Net Contributions/Withdrawals Change In Investment Value Ending Market Value Period Value 300,899.71 (24.35) ($24.35) 2,670.00 $303,545.36 Short Market Value (21,945.00) 22,215.00 $270.00 Year-to-Date Value 299,802.94 (97.58) ($97.58) 3,840.00 $303,545.36 Total (21,945.00) 325,490.36 Estimated Current Market Value Annual Income Allocation (2,568.00) $303,545.36 ($2,568.00) EFTA01539656 100% 100% ACCT. For the Period 4/1/12 to 4/30/12 Account Page 2 of 7 Consolidated Statement Page 31 EFTA01539657 FINANCIAL TRUST COMPANY INC Account Summary CONTINUED Tax Summary Unrealized Gain/Loss Cost Summary Equity Cash & Fixed Income Total 325,490.36 Cost $295,410.73 (30,079.63) Investment Objectives Speculation Permitted Capital Appreciation ACCT. For the Period 4/1/12 to 4/30/12 To-Date Value $8,134.63 Yes Yes Account Page 3 of 7 Consolidated Statement Page 32 EFTA01539658 FINANCIAL TRUST COMPANY INC Equity Summary Asset Categories Non-US Equity Beginning Market Value (24,615.00) Ending Market Value (21,945.00) Change In Value 2,670.00 Current Allocation ACCT. For the Period 4/1/12 to 4/30/12 Current Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Equity Detail Price Non-US Equity TELEFONICA S A SPONS ADR 879382-20-8 TEF Quantity Account Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Period Value (21,945.00) (30,079.63) 8,134.63 (2,568.00) 14.63 (1,500.000) Short (21,945.00) (30,079.63) 8,134.63 (2,568.00) EFTA01539659 11.70% Account Page 4 of 7 Consolidated Statement Page 33 EFTA01539660 FINANCIAL TRUST COMPANY INC Cash & Fixed Income Summary Beginning Asset Categories Cash Market Value 325,514.71 ACCT. For the Period 4/1/12 to 4/30/12 Ending Market Value 325,490.36 Change In Value (24.35) Current Allocation 100% Current Market Value/Cost Market Value Tax Cost SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1 Period Value 325,490.36 325,490.36 SUMMARY BY TYPE Market Value 325,490.36 % of Bond Portfolio 100% The years indicate the number of years until the bond is scheduled to mature based on the statement end date. Some bonds may be called, or paid in full, before their stated maturity. Cash & Fixed Income Cash Market Value 325,490.36 % of Bond Portfolio 100% Account Page 5 of 7 Consolidated Statement Page 34 EFTA01539661 EFTA01539662 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Cash & Fixed Income Detail Quantity Price Cash US DOLLAR US DOLLAR Total Cash 1.00 1.00 303,275.36 Margin 22,215.00 Short 303,275.36 22,215.00 $325,490.36 303,275.36 22,215.00 $325,490.36 $0.00 $0.00 0.00% Account Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Account Page 6 of 7 Consolidated Statement Page 35 EFTA01539663 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Portfolio Activity Summary Beginning Cash Balance Transactions Short Fees Charged OUTFLOWS ** Total Outflows Ending Cash Balance Current Period Value 325,514.71 (24.35) ($24.35) $325,490.36 * Year to date information is calculated on ** Your account's standing instructions use relieving assets from your position Portfolio Activity Detail INFLOWS & OUTFLOWS Type Settle Date Selection Method 4/2 4/2 4/9 4/9 4/16 4/16 4/23 Description Mark to Market Mark to Market Mark to Market Mark to Market Mark to Market Mark to Market Misc Debit Total Inflows & Account SHORT DEBIT FEE Quantity Cost Per Unit Amount Amount 675.00 (675.00) (1,320.00) 1,320.00 (1,080.00) 1,080.00 Adj MARK TO MARKET Adj MARK TO MARKET Adj MARK TO MARKET Adj MARK TO MARKET Adj MARK TO MARKET Adj MARK TO MARKET a calendar year basis. a FIRST IN, FIRST OUT method for SUB-ACCOUNT: MGN SHORT POS SUB-ACCOUNT: SHORT POS SUB-ACCOUNT: SUB-ACCOUNT: MGN SHORT POS SUB-ACCOUNT: SUB-ACCOUNT: MGN Outflows Page 7 of 7 03/21-04/20 SUB-ACCOUNT: MGN SHT SHT SHT EFTA01539664 (24.35) ($24.35) Consolidated Statement Page 36 Year-To-Date Value* -(97.58) ($97.58) EFTA01539665 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01539666 For the Period 4/1/12 to 4/30/12 For your convenience we have combined statement(s) for activity you conduct through J.P. Morgan in one package. Below are important disclosures relating to these different accounts. These statements may relate to various account types. Some of the disclosures are applicable to all of your accounts. For ease of reference the disclosures applicable to a particular type of account have been grouped together by descriptive headers. IMPORTANT GENERAL INFORMATION APPLICABLE TO ALL OF YOUR ACCOUNT(S) Important Information about Pricing ,Valuations, Estimated Annual Income, and Estimated Yield Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein, some of which has been provided by pricing sources that J.P. Morgan believes to be reliable, is not guaranteed for accuracy but provided for informational purposes and is furnished for the exclusive use of the client. The current price is the value of the financial asset share, unit or contract as priced at the close of the market on the last day of the statement period or the last available price. All values provided for structured yield deposits (for example, JPMorgan London Time Deposits) reflect the original deposit amount only. The value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. Important information regarding Auction Rate Securities (ARS). ARS are debt or preferred securities with an interest or dividend rate reset periodically in an auction. Although there may be daily, weekly and monthly resets, there is no guarantee that there will be liquidity. If there are not enough bids at an auction to redeem the securities available for sale, the result may be a failed auction. In the event of a failed auction, there is no assurance that a secondary market will develop or that the security will trade at par or any other price reflected on statements and online. Accordingly, investors should not rely on pricing information appearing in their statements or online with respect to ARS. When J.P. Morgan is unable to obtain a price from an internal or outside source for a particular ARS, the price column on your statement will indicate "unpriced". Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are sourced from the various issuers of the securities or they are sourced from a third party valuation provider. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the models or estimates used in deriving the valuations, (2) any errors or omissions in computing or disseminating the valuations, and (3) any uses to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Please refer to the trade confirmation for details of each transaction. Certain assets, including but not limited to, pooled and private investments, non-publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of such asset may have been provided to us by third EFTA01539667 parties who may or may not be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. In cases where we are unable to obtain a current market value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". Although such securities may have value, please note that the value of a security indicated as "unpriced" will not be included in your overall current market value as reflected on the statement. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents the actual terms at which securities could be bought or sold or new transactions could be entered into, or the actual terms on which existing transactions or securities could be liquidated. Such values may only be indicative. When we are unable to obtain a current value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". 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. 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. Offshore Deposits - London and Nassau Disclosures Page 1 of 4 EFTA01539668 For the Period 4/1/12 to 4/30/12 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). Bank products and services are offered through JPMorgan Chase Bank, N.A. ("JPMCB") and its banking affiliates. Securities are offered by J.P.Morgan Securities LLC ("JPMS") and, to the extent noted below, cleared through J.P. Morgan Clearing Corp. ("JPMCC"). Neither JPMS, nor JPMCC is a bank and are each separate legal entities from its bank or thrift affiliates. Investment Products: Not FDIC Insured -No Bank Guarantee -May Lose Value Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request. These statements are not official documents for income tax reporting purposes and should not be relied upon for such purposes, including determination of income, cost basis, amortization or accretion, or gain/loss. Such information, which may be inaccurate, incomplete or subject to updating, should be confirmed with your records and your tax advisor. Please take the steps indicated below if you think statement(s) are incorrect or contact your J.P.Morgan team if you require additional information about a transaction on your statement(s). IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR ASSET ACCOUNT(S) (LINKED TO JPMS) Your Asset Account consists of a bank account that custodies assets linked to a brokerage account through which securities transactions are executed. As a result, the Asset Account statement(s) reflect brokerage transactions executed through JPMS but (except for exchange listed options) held in custody at JPMCB. Securities purchased or sold through JPMS in U.S. markets (other then mutual funds) are cleared through an affiliate of JPMS, in non-U.S. markets securities are cleared through JPMS. Positions in exchange-listed options are held by JPMCC. For your convenience, however, positions in exchange-listed options are presented in Asset Account statement(s) together with other assets held in such account(s). All pertinent information about your settled and pending purchases and sales effected through your JPMS account during the period covered by these statement(s), is summarized in the "Trade Activity" portion of the statement(s). In Case of Other Errors or Questions About Your Asset Account Statement(s) Please review your statement(s) and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, unaccounted cash positions, EFTA01539669 improper payments or transfers in writing to both the introducing broker, JPMS and the clearing firm, JPMCC at the addresses shown on your statement(s). Any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act (SIPA). If you have any questions please contact your J.P.Morgan team. In your written communication, please provide the following information: (1) your name and account number; (2) the dollar amount of the suspected error; and (3) a description of the error and explanation, if you can, why you believe there is an error. If you need more information, you must describe the item you are unsure about. We must receive your written communication no later than 30 days after the statement on which the error or problem appeared is sent or made available. If you do not so notify us, you agree that the statement activity and account balance(s) are correct. JPMCC and JPMS are members of the Securities Investor Protection Corp ("SIPC"), a not-for-profit membership corporation funded by broker-dealers registered with the Securities and Exchange Commission. Securities and cash held for a customer at JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $250,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMCB are not subject to SIPC. You may obtain information about SIPC, including the SIPC Brochure, on their website, at "www.sipc.org" or by contacting them at (202) 371-8300. In Case of Errors or Questions About Your Electronic Transfers. Disclosures Page 2 of 4 EFTA01539670 For the Period 4/1/12 to 4/30/12 Contact your J.P. Morgan Team at one of the telephone numbers on the front of your statements or write us at J.P. Morgan, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107 as soon as you can, if you think your statement is wrong or if you need more information about a transfer on the statement. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared. (1) Tell us your name and account number. (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. (3) Tell us the dollar amount of the suspected error. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days (or 20 business days for new accounts) to do this, we will credit your account for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non-Electronic Transfers (Checks or Deposits) Contact JPMorgan Chase Bank, N.A. ("JPMCB") Member FDIC immediately if a statement is incorrect or if you need more information about any non- electronic transactions (checks or deposits) on this statement. If any such error appears, you must notify the bank in writing as soon as possible after your statement was made available to you. For more complete details, see the applicable account agreements and appendices that govern your account. Deposit products and services are offered by JPMCB Member FDIC. You must promptly advise your J.P.Morgan representative of material changes in your investment objectives or financial situation or if you wish to modify the management of your account. Unless you inform otherwise, your J.P.Morgan representative will consider the information currently in its files to be complete and accurate. With reference to JPMS and JPMCC: A financial statement of this organization is available to you for personal inspection at its offices, or a copy will be mailed to you upon written request. You should have received (or have made available to you) separate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse side of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplace where executed and governed by and construed in accordance with the laws of the State of New York and all applicable federal laws and regulations. Further information with respect to commissions and other charges related to the execution of transactions, including options transactions, has been included in confirmations that were previously furnished or have made available to you. Upon written request, JPMS will promptly supply you with the latest information. IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR MARGIN ACCOUNT(S) All positions in your Margin Account Portfolio(s) are held in custody at J.P. Morgan Clearing Corp. ("JPMCC"), Three Chase Metrotech Center, Brooklyn, NY 11245-001, (347) 643-2578. EFTA01539671 If you have a margin account as permitted by law we may use certain securities in such account for, among other things, settling short sales and lending the securities for short sales, and as a result may receive compensation in connection therewith. Please keep the following in mind when using a statement to track your brokerage activity in a margin account: The statement combines your general margin account with the special memorandum account required by Section 220.6 Regulation T. As required by Regulation T, a permanent record of your separate account is available upon your request. Free credit balances in your margin account(s) are not segregated and may be used in the operation of JPMCCs business, subject to the limitations of SEC Rule 15c3-3. Unless otherwise noted, JPMCC or its agents and depositories will hold your securities. Upon your demand, JPMCC will pay to you the amount of your free credit balance, and will deliver to you fully-paid securities held on your behalf. Interest will be charged on any debit balance; the method of calculating interest is described in a letter sent to all margin customers. PRODUCT RELATED DISCLOSURE: IMPORTANT INFORMATION ABOUT ALTERNATIVE INVESTMENTS: FOOTNOTES 1 - 4 Private Equity, Hedge Funds, Exchange Funds, Real Estate and Other Alternative Assets 1. Direct private equity investments and pooled private investments (e.g., interests in limited partnerships and limited liability companies) are generally illiquid securities. Values are estimates only and are not warranted for accuracy or completeness. Values do not represent the actual terms at which transactions or securities could be bought or sold or new transactions could be entered into or the actual terms on which existing transactions could be liquidated as of the date of this statement. Disclosures Page 3 of 4 EFTA01539672 For the Period 4/1/12 to 4/30/12 Direct private equity investments are generally valued at cost, unless there is an active secondary trading market in the securities, in which case, direct private equity investments are valued using market prices as of the close of the last business day for this statement period. Pooled private equity investments are valued according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, limited liability company agreement or other operative documentation for each investment for the specific valuation methodology used by the General Partner or Manager for that investment or for your Investment Management or Trust account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the information and the methodology used by the General Partner or Manager in deriving valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Hedge funds generally calculate the price (the "Net Asset Value" or " NAV"), 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the month preceding this statement period. In general, the NAV is stated net of management and incentive fees. The NAV is calculated according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, limited liability company agreement or other operative documentation for each hedge fund for the specific methodology used by the General Partner or Manager for that hedge fund or for your Investment Management or Trust account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the information and the methodology used by the General Partner or Manager in deriving valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. These statements do not provide tax reporting on private investments. Please continue to rely upon the General Partner or Manager of the investment vehicle for this information or for your Investment Management or Trust account contact your J.P. Morgan team. 2. The 'Capital Called Since Inception USD' and 'Cash/Security distributions Since Inception USD' columns are updated monthly to reflect activity (capital calls and distributions), if any. 3. Hedge funds generally allow subscriptions on a monthly or quarterly basis. An interest in a hedge fund or hedge fund of funds is generally as of the first business day of the subscription period. Due to early funding requirements by the applicable fund, your account may be debited for the subscription amount prior to the subscription date. Please refer to the applicable hedge fund's operative documentation for further details or for your Investment Management or Trust account contact your J.P. Morgan team. Hedge fund redemptions are generally on a monthly, quarterly or annual basis EFTA01539673 but can sometimes be subject to a multi-year lockup before a redemption is permitted. For redemptions, there is generally a notification period that can be a long interval before the actual redemption date. Redemption proceeds are generally paid 15 calendar days after the final NAV is issued, but can be subject to a holdback of a portion of the proceeds until an annual audit of the Fund has been completed. Please refer to the applicable hedge fund's operative documentation for further details or for your Investment Management or Trust account contact your J.P. Morgan team. Global Access Portfolios share certain characteristics with hedge funds. In particular, an investor who withdraws from a Global Access Portfolio will not receive the withdrawal proceeds in their entirety until 30-60 days after completion of the Portfolio's audit, which may be 18 months or longer after the redemption date. Interest might not be paid on any proceeds pending distribution. These restrictions apply even if the investor's account at JPMorgan is closed. The Confidential Private Placement Memorandum and applicable Supplements contain other important information about the Global Access Portfolios and are available upon request or for your Investment Management or Trust account contact your J.P. Morgan team. 4. Alternative assets may include publicly available mutual funds that utilize non-traditional investment management strategies, for example, strategies commonly employed by hedge funds. Mutual funds generally calculate the price (the "Net Asset Value" or "NAV") on a daily basis and mutual fund NAVs shown on your statement generally will be the NAV as of the close of the last business day for this statement period. Please refer to the applicable mutual fund prospectus for further details. If the applicable mutual fund is a JPMorgan Fund, please refer to disclosures on this statement concerning JPMorgan Funds for other important information. Disclosures Page 4 of 4 EFTA01539674