EFTA02014626

Jeff, We're done on the WTI Nov 2011 150 calls at 15 cents on 1,000,000 barrels. Total premium you pay $150,000. Thanks, Amanda Amanda Ens J.P.Morgan I Global Investment Opportunities Group 40 W 57th Street, 33rd Floor, New York, NY 10019 IRS Circular 230 Disclosure: JPMorgan Chase & Co. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax•related penalties. This is not an official confirmation. EFTA_R1_00517336 EFTA02014626 EFTA_R1_00517337 EFTA02014627