EFTA Document EFTA01512162

JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY, INC. Account Number June 01. 2007 - June 30. 2007 JP &lag& Seanottts Inc JPIAagenChasegetak NA a tha eargefes (Me lArgan Commtneslmayptoveleedremstraere custoMas sake MO euecn a sharehadetsetsces to JPMorgan Feeds. Amer/can CenturyFunds a ealabashed sponsored &Nate( a managedby WO panes end the Mogen Companies may a* corrpansased toi such stmeoes teataisetlen Of JPICIRabYtgs: JPMagen uses the Wt.ning reap system Overweight Otte the netts& to Melee months we expect this steal( wi outperfam the attar total ream of the stocks in Me enaysta (a the analyser Nana) coverage unease Neutral: ever me oars six to Nrwn matIns mit maxi rhos sock me xylem Ni hop wah The overage lotto tense of Me sszta as fee aneys ts (a the analyses leam's)covetege wows* Undenvelght Oar thence} s& lo Smoke mourns we expect this stock wd undemperfam The average Mal mein of the sacks.' the weals (a theanalyst} learrts)comarage amaze Independent Research Ratings: JPMSI does not coders* a caravosse adopt the InelseendentResearchA mace 'cacao+ wake ten?: Ottetertlfam use a teadyear tangs teems as atlas de went tangs sabre to desa they tecornmenctsbons JAMS/ wee a "rettattaatrNs systems, describe:Jabo* naPs nay use <lateen( reaps system such as as ao Isteo/ufe-wfress system and use such tams as 'buy" Mad' a tsein Save At etstveand labeaule. mates Syskens ere linfanerldnydeJ aenf sou shou‘i teed teendily RIO detn,a0n3 of se tor.'., gs used et Me JPMSS end IRPteseamn the a ockded M tne ntseetchttattl Fa me teak,' and since tne teStuarChCOntatna Me bases la Me reales as eta as complete inkernaeon concetnng Ire anaysts 'ems rat stand reed eandutty Its ,en.wc* and no; males cattents horn the rating are JPItecestan Awe* Hall‘ as he malsetin; mesa the prate banking business conducted by .0 P Mogen Chase & Co thrown es subscha 'es academie embrand JP1.4ergen Chase Rank NA.. JP Morgan Trust Company NA and J P ?Aargau Secures: Inc Page 10 of 14 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00038008 SDNY_GM_00307206 EFTA01512162