From: Michael A Taormina ci

From: Michael A Taormina ci To: lieeyacationgginail.com" <jeeyacationgginail.com> Subject: RE: today's deals Date: Thu, 13 May 2010 14:12:45 +0000 Inline-Images: image001.png Also, the Telenav priced at 8 - should begin trading in a little over an hour Michael A. Taormina, CFA J.P. Morgan I Global Investment Opportunities Group 40 West 57th Street, Floor 33 New York, NY 10019 IRS Circular 230 Disclosure: WMorgan 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 WMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. From: Michael A Taormina Sent: Thursday, May 13, 2010 10:11 AM To: '[email protected]' Cc: Jeffrey M Matusow; Justin X Gratz Subject: RE: today's deals Jeff, You sold the 5,500 RPT @ 11.70 EFTA00759120 Let me know if you have any questions, Michael Michael A. Taormina, CFA J.P. Morgan I Global Investment Opportunities Group 40 West 57th Street, Floor 33 New York, NY 10019 IRS Circular 230 Disclosure: WMorgan 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 WMorgan 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. JPMoigcat Private r; the marketing n.-one fa the pirate tanking bumnms ccatcbrted by JPMorgan Char & Co. , and its sub:thanes wcaldwxle JPMorpn Chase Bank, N.A and LP. Morpn Trast Co., N.A an members of the FDIC. LP. Morgan Securities Inc. (HMS') t a member of the New York Stock Bxchanp and otter national and re gional exchanps. HMS' t the trokr-dealer, member NASD, SIPC. In addition, JPMorpn Chase & Co. may operate various otter broker-dealers or investmentadvisory entities. The following is king provided for informational purposes only and/or in response b your request. Information contained in this messap and any accompanying documentation, including but not limited b any research, market valuations, statement, confirmations, cakuktions or estimates, is believed b be reliable, but we do not warrant it completnen or accuracy. Opinions and estimats constitute our judgment and an subject to change without notice. Past performance is rot indicative of futon mobs. Tht material is not intended as an offer or solicitation for the purchase or ale of any financial iistrament. The broker-dealers and/or tut affiiates and employees may hold a position or act as market maker in Ott financial instmment of any issuer discussed herein or act as underwriter, plicement apnt, advisor or lender to such issuer. Valuations provided reflect price estimates on the dat(s) specified. Phase nfer b your official statement/confirmation. We cannot guarantee that different pikes wouli not be available elsewhere and sugpst that several valuations from otter sources be obtained for the purpose of making nqaired cakuktims. Target prices and anticipated yields an Deed upon researchmaterial; and tun can be no issuances that tun prices or yields can be realized. The &argotic= mid the moult= :mkt, offered, or iecommencled, including mutual funds, ale not chqxr;ts cad ale not obligations of, or endomd or guaranteed by, cosy tail: or tluift, nor are they imured by tie FDIC or cow govenmental ccency. Pleaw contact yOltr JP Morgat Private Bank inanntatrie for further infatuation or mgarcing cmy trata-ction This fl ame:tear is for the sole use of the pttliar b wfrax it is addressed, and may be priviltged and confidential. Ary use, distribution, or duplication by anyone other thaw the addressee is prohibited. If you receive this in 0110f, please nail), the sender immediately and return it by mail. 0 2COS IPMorgan Man & Co. From: Michael A Taormina Sent: Thursday, May 13, 2010 9:16 AM To: '[email protected]' EFTA00759121 Cc: Jeffrey M Matusow; Justin X Gratz Subject: today's deals Jeff, You received 3,000 TNAV. The IPO price hasn't been declared effective - I will let you know the price as soon as it is. You received 5,500 RPT. It priced at 11.50 and is trading around 11.57 right now. Let me know if you have any questions, Michael Michael A. Taormina, CFA J.P. Morgan I Global Investment Opportunities Group 40 West 57th Street, Floor 33 New York, NY 10019 T: 212-622-2701 F: 212-310-0108 IRS Circular 230 Disclosure: WMorgan 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 WMorgan 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. EFTA00759122 JPMorgan Private Bank" r the marketing name for the pirate tonkrig bum= conducted 47 JPMorgan Chan & Co , cold its sutsicliones worldwide IPMorpn Chase Bank, N.A and LP. Merlon Treat Co., N.A an members of the FDIC. LP. Morgan Steatites Inc. (IPMSI) t a member of the New York Stock Exchange and other national ad regional exchanges. HMS I t the brolar-dealer, member NASD, SIPC. In addition, IPMorpn Chase & Co. may open* various other broker-dealers or investnientadvisory entities. The following is De ing provided for informational porposts only and/or in response t your request. Information containedin this messap and any accompanying documentation, including tat not limited t any nstareh, market valuations, statement, confirmations, cakuktions or estimates, is believed b De [liable, but we do not wamnt it compktness or accuracy. Opinions and estimats conslitate our judgment and an subject tochange without notice. Past performance is rot indicative of fatan nsubs. Thu material is not intended as an offer or solicitation for the punkin or tale of any financial instrument. The broker-dealers and/or their affaiates and employees may hold a position or act as market maker in the financial instrument of any issuer discussed herein or act as underwriter, placement agent, advisor or lender to such issuer. Valuations provided reflect price estimates on the dat(s) specified. Phase refer b your official statement/confirmation. We cannot guarantee that different prices would not De available elsewhere and suggests that several valuations from other source; De obtained for the purpose of making required eakulitims. Target prices and anticipated yields an limed upon research materiak and then can be no assurances that then prices or yields can be malted. The ciabgations mid the :emitter mkt, offered, or recommended, including mutual funds, are not departs ant are not obligations of, or mired ca. guaranteed by, cony bath or tluift, nor are they ururedtv tie FDIC or any goventnental Nency. Pleat ccoitact >OM' JPMorgon Private Bank tertwentatrm for further lila-motion ca. inardun cony traurction This fl ame:rim is for the sole use of the penal to tax it is addressed, and nosy be privibged and caffidential. Any use, distribution, or duplicatiar by anyare other thaw the addressee is prohibited. If you receive this in 01101, please nail) the sender immediately and return it by mail. 0 2.COS IPMorgan Oust & Co. EFTA00759123