EFTA Document EFTA01512134

JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY, INC. Account Number April 01, 2007 -April 30, 2007 JP Mapes Seeeotes Incur JPIAagen Chase Sank NA a thew a/Metes0V* lArgan Comortneslrrayprovaleedmoustraere custodms sears MO Outon a sharehader arenas to JPMorgan Funds. Ameocan CenturyFunds a ealabashed sponsored mused a managedby WO parses end the Mogen Campania, may Ory corrpansased by soon stomas ecinananon Of OMAN Ratings: JPMagen saes the kettroog map system Overweight Ootu the heals& to evolve moon Ms we expect this steal( wi outperlam the evertor* total return of the stocks in Me enaysta (a the analyst: Mavis) covertwe vowerse Nowak eve. me est Sw loafers, males ona maid rhos ace,' pa/am on kw wen the *vane otao return of Me Moro m ere eneysts (a the analyst's teem's)coverege Grown Undenvelght Oier (honest se to Smoke months we expect this stock ea, undemperfam The average total retain of the staAs .n Ms anelists !heanalyst} learnOcaretage anus* Independent Research Ratings: JPMSI does not codas* a CateVoiSeadcp: the InclapendentResearchtleherresevm °Alla mays Offeterot Irmo use a ranetycl tangs taint as atlas deerentrangs sysrene to deSaabe thee tecommenctabons JAMS/ uses a "rekhnehatvws systems, descnbeclabore haPs may use edargentreWys system such as as an labsorufe-tetans system and use such tams as 'buy" More a 'Bev'. Socetekitve•end•abaduteagno systems we iltexikenergeleydffeent sou shouri,ead *yearn* IMr dermsons or se fern's used on Ma JPMSt end IRPreseamn that is ocalded on Me nosearchitserl Fa Th s meson and sorra the research screams toe ease la Me reales as well es complete mks/new coocettung IK anahsts wews vow sewn reed careftgyIM to:00ms and not mikor its coVents tom the rating rare JPteceshon Awed e Beak is he Mcifisetin; name tor the prn.ate banko business conducted by J P Morgan Chase & Co thrown is StsbiChateS aotwde eickachnd !Protege° Chase Rank NA., JP Mown That Company NA and JP Mogen &scathes Inc Page 10 of 14 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037980 SDNY_GM_00307178 EFTA01512134