EFTA01779305

From: Giuffrida, David J Sent: Thursday, February 24, 2011 3:54 PM To: Epstein, Jeffrey ([email protected]) Cc: Barrett, Paul S Subject: Trade Details Jeffrey, You sold to close 100 strike May 17=sup>th expiry WTI call option on 50,000 Bbl (1/2 your position) @ $7=2E90/ Bbl. $102.40 spot reference on June WTI contract. =o:p> =et me know if you have any questions. &nbs=; Thanks again. David =. Giuffrida J.P. =organ I Global Investment Opportunities Group=o:p> 40 West 57th Street, Floor =3 New York, NY 10019</=:p> T: F: </=> <=pan style=ifont-size:10.0pt;font-family:"Calibri","sans-serir;color:b=ack'>IRS Circular 230 Disclosure: JPMorgan Chase=& Co. and its affiliates do not provide tax advice. Accordin=ly, any discussion of U.S. tax matters contai=ed herein (including any attachments) is not intended or written to be use=, and cannot be used, in connection with the promotion, marketing or recom=endation by anyone unaffiliated with JPMorgan Chase & Co. of any of =he matters addressed herein or for the purpose of avoiding U.S. tax-re=ated penalties. This is not an official confirm=tion. </=pan> EFTA_R1_00096458 EFTA01779305 T=is communication is for informational purposes only. It is not intended =s an offer or solicitation for the purchase or sale of any financial instr=ment or as an official confirmation of any transaction. All market price=, data and other information are not warranted as to completeness or accur=cy and are subject to change without notice. Any comments or statements =ade herein do not necessarily reflect those of JPMorgan Chase & Co., its=subsidiaries and affiliates. This transmission may contain in=ormation that is privileged, confidential, legally privileged, and/or exem=t from disclosure under applicable law. If you are not the intended reci=ient, you are hereby notified that any disclosure, copying, distribution, =r use of the information contained herein (including any reliance thereon)=is STRICTLY PROHIBITED. Although this transmission and any attachments a=e believed to be free of any virus or other defect that might affect any c=mputer system into which it is received and opened, it is the responsibili=y of the recipient to ensure that it is virus free and no responsibility i= accepted by JPMorgan Chase & Co., its subsidiaries and affiliates, as a=plicable, for any loss or damage arising in any way from its use. If yourreceived this transmission in error, please immediately contact the sender=and destroy the material in its entirety, whether in electronic or hard co=y format. Thank you. Please refer to http://www.jpmorgan=2Ecom/pages/disdosures for disclosures relating to European legal entitle.. 2 EFTA_R1_00096459 EFTA01779306