EFTA02407525

To: Jeeyacation[[email protected]] From: Jeffrey M Matusow Sent: Thur 4/29/2010 1:47:16 PM Subject: GS GS trading up almost $3 today. $159.50 last trade. That is a forward P/E of 8.1x. For comparison Morgan Stanley is currentlyt trading at a forward PIE of 9.5x. Your basis on the 20,000 shares is $160.42 Jeff Jeffrey M. Matusow JPMorgan Private Bank 140 West 57th Street. 33rd Floor. New York. NY 10019 IRS Circular 230 Oisclosure: 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 wntten 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-reMted penalties. EFTA_R1_01466921 EFTA02407525