EFTA Document EFTA01526919

May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Total enclosures: 1 Page 1 of 13 JPMorgan Chase Bank, N.A. 967 000 PB JEFFREY E EPSTEIN C/O NEW YORK STRATEGY GROUP LLC 457 MADISON AVE 4TH FLOOR NEW YORK NY 10022 Your JPMorgan Private Bank Team: FRANCISCO VILLACIS MELISSA DALTON Private Bank ServiceLine For assistance after business hours, 7 days a week. Morgan Premier Banking Summary 739-110438 Deposit Accounts Premier Checking Description Total Number Opening Balance $239,176.23 Total Credits $17,113,435.68 Total Debits $16,593,859.83 Ending Balance $758,752.08 $758,752.08 EFTA01526919 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 2 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Summary Opening Balance Deposits and Credits Checks, Withdrawals and Debits Ending Balance Activity Date Description Opening Balance May 01 Fedwire Debit VIA: FIFTH THIRD CINCI /042000314 A/C: FINES GALLERY May 01 REF: REF: 30 PERCENT DEPOSIT ON THE FOUNTAIN/TIME/16:56 IMAD: 050181QGCO2C006813 Fedwire Debit VIA: WELLS FARGO NA /121000248 A/C: GOLDEN EQUIPMENT COMPANY REF: REF:50 PERCENT DEPOSIT ON BACK HOE May 01 IMAD: 050181QGCO6C005909 Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ, LLC May 02 REF: 6300 RED HOOK QUARTERS, B-3 ST . THOMAS, USVI 00802 IMAD: 050181QGCO7C007080 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA A/C# 000 00000000739470663 TO DDA A/C# 00000 000000739110438 Phone instructions from client May 02 Internal Funds Transfer FUNDS TRANSFERRED FROM ASSET AC# Q3 0171005 TO DDA AC# 739110438 As req EFTA01526920 uested $1,000,000.00 $1,049,127.25 $150,000.00 $39,127.25 $239,176.23 $17,113,435.68 $16,593,859.83 $758,752.08 Average Balance Interest Paid this Period Interest Paid Year to Date Annual Percentage Yield Debit $7,125.00 Credits $702,842.09 $1,245.31 $10,349.40 2.11% Balance $239,176.23 $232,051.23 $42,923.98 $189,127.25 $10,000.00 $49,127.25 EFTA01526921 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 3 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 02 Description Book Transfer A/C: JP MOLYNEUX STUDIO LTD NEW YORK NY 10021ORG: /00000000000739110438 JEFFREY E EPSTEIN May 02 May 03 REF: ACCT NAME JP MOLYNEUX STUDIO L TD CORPORATE ACCOUNT REF: PROPOSAL NOS- 31857 31858 31407 31838 Check Paid # 1150 Fedwire Debit VIA: GRAND BK & TR /067014466 May 03 A/C: ATTERBURY, GOLDBERGER, REF: ACCOUNT NAME:ATTERBURY, GOLDBE RGER,RICHARDSON AND WEISS IMAD: 0503B1QGC03C005914 Fedwire Debit VIA: WACHOVIA BK NA FL /063000021 May 03 A/C: BLACK SREBNICK KORNAPAN AND REF: ACCOUNT NAME: BLACK SREBNICK K ORNAPAN AND STUMPF PA IMAD: 0503B1QGC06C006184 Fedwire Debit VIA: HSBC USA /021001088 May 03 A/C: GERALD B LEFCOURT PC-IOLA ACCT IMAD: 0503B1QGC06C006010 Fedwire Debit VIA: GREAT FLORIDA BANK /066015576 A/C: LEWIS TEIN PL May 03 May 04 EFTA01526922 IMAD: 0503B1QGCO2C006099 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 739470663 As reque sted Fedwire Debit VIA: ALPINE GLENWOOD SP /102103407 A/C: WILFREDO MARTINEZ IMAD: 0504B1QGC08C006871 $4,500.00 $753,047.89 $100,000.00 $757,547.89 $50,000.00 $857,547.89 Debit $6,579.36 Credits (cont.) Balance $1,042,547 89 $40,000.00 $20,000.00 $1,002,547.89 $982,547.89 $25,000.00 $957,547.89 $50,000.00 $907,547.89 EFTA01526923 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 4 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 04 May 04 Description Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 739554964 As reque sted Fedwire Debit VIA: CITY NB OF FLA /066004367 May 07 A/C: FOWLER WHITE BURNETT PA REF: LAS-FILE 19859 071200 375533 IMAD: 0504B1QGC04C002899 Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 08 May 08 REF: ACCT NAME LSJ LLC 6300 RED HOO K QUARTERS B-3 ST THOMAS USVI 00802 IMAD: 0507B1QGC04C004767 Deposit 143726739 Fedwire Debit VIA: WELLS FARGO NA /121000248 May 08 May 09 A/C: ZORRO DEVELOPMENT CORPORATION IMAD: 0508B1QGC05C005336 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 739121472 Letter f rom client Fedwire Credit VIA: MELLON BANK N.A.-DUE FROM BK M /043000261 B/0: FINANCIAL TRUST COMPANY INC ST THOMAS VI 00802-1348 EFTA01526924 REF: CHASE NYC/CTR/BNF=JEFFREY E EP STEIN NEW YORK NY 10022-/AC-0000000 07391 RFB=O/B MELLON BANK BBI=/TIME /13:59 IMAD: 0509D3QCI200003486 $1,000,000.00 $1,465,109.41 $100,000.00 $465,109.41 $50,000.00 $28,085.95 $714,961.94 Debit $10,000.00 Credits (cont.) Balance $743,047.89 $100,000.00 $614,961.94 $147.47 $615,109.41 $565,109.41 EFTA01526925 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 5 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 09 Description Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 09 REF: 6300 RED HOOK QUARTERS B-3 ST THOMAS USVI 00802/ACC/1518 PONCE DE LEON AVENUE PO 9146 SAN JUAN 00908 IMAD: 0509B1QGC05C005541 Fedwire Debit VIA: FIRSTBANK PR /221571473 May 09 A/C: MILES AND CATHY ALEXANDER REF: /ACC/1518 PONCE DELEON AVE PO 9146 SAN JUAN, PR 00908 IMAD: 0509B1QGCO5C005553 Fedwire Debit VIA: MELLON UNITED NTL /067009646 A/C: WORTH BUILDERS OF PALM BEACH, REF: INC. RE: INVOICE NO 270401/ACC /ATTN: DARLENE MENDEZ 561-688-9400/ TIME/17:04 May 09 May 09 IMAD: 0509B1QGCO7C006515 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 000000119024 As re quested Fedwire Debit VIA: WACHOVIA BK NA FL /063000021 May 09 A/C: BLACK SREBNICK KORNAPAN AND REF: ACCOUNT NAME: BLACK SREBNICK K ORNAPAN AND STUMPF PA IMAD: 0509B1QGC05C003648 EFTA01526926 CHIPS Debit VIA: BANK OF AMERICA N.A. /0959 A/C: BANK OF AMERICA N.A. MA BOSTON MA 02106 BEN: ALAN M. DERSHOWITZ SSN: 0263505 $75,000.00 $1,291,402.44 $50,000.00 $1,366,402.44 Debit $5,000.00 Credits (cont.) Balance $1,460,109.41 $13,400.00 $1,446,709.41 $30,306.97 $1,416,402.44 $75,000.00 $1,216,402.44 EFTA01526927 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 6 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 09 Description CHIPS Debit VIA: HSBC BANK USA /0108 May 09 A/C: GERALD B. LEFCOURT PC REF: ACCT NAME: GERALD B. LEFCOURT PC IOLA ACCOUNT SSN: 0259747 Fedwire Debit VIA: SOVEREIGN BK NE /011075150 May 09 A/C: MARTIN G WEINBERG PC IOLTA IMAD: 0509B1QGCO8C003805 Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 09 REF: 6300 RED HOOK QUARTERS B-3 ST THOMAS USVI 00802 IMAD: 0509B1QGC06C003352 Fedwire Debit VIA: SOVEREIGN BK NE /011075150 May 10 A/C: MARTIN G WEINBERG PC IOLTA IMAD: 0509B1QGC08C006649 Book Transfer A/C: BRIAN J KELLY PUTNAM VALLEY NY 10579-2107 ORG: /00000000000739110438 JEFFREY E EPSTEIN May 14 REF: RE VARIOUS PROJECTS Book Transfer A/C: JP MOLYNEUX STUDIO LTD NEW YORK NY 10021ORG: /00000000000739110438 EFTA01526928 JEFFREY E EPSTEIN REF: ACCT NAME JP MOLYNEUX STUDIO L TD CORPORATE ACCOUNT REF: PROPOSAL NOS- 31835 31836 $3,109.21 $735,097.23 $3,196.00 $738,206.44 $150,000.00 $916,402.44 Debit $75,000.00 Credits (cont.) Balance $1,141,402.44 $75,000.00 $1,066,402.44 $175,000.00 $741,402.44 EFTA01526929 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 7 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 14 Description Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 14 REF: 6100 RED HOOK QUARTERS B-3 ST THOMAS USVI 00802/ACC/1518 PONCE DE LEON AVENUE PO 9146 SAN JUAN 00908 IMAD: 0514B1QGC01C005396 Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 15 May 17 May 17 REF: ACCT NAME LSJ LLC 6300 RED HOO K QUARTERS B-3 ST THOMAS USVI 00802 IMAD: 051481QGCO1C005511 Deposit 140061160 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 739474340 As reque sted Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC REF: 6300 RED HOOK QUARTERS, B-3 ST . THOMAS, USVI 00802/ACC/1518 PONCE DELEON AVENUE PO 9146 SAN JUAN 009 08 May 17 May 18 IMAD: 0517B1QGC07C006453 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 739470663 As reque EFTA01526930 sted Book Transfer A/C: THE BK OF NOVA SCOTIA ST THOMA ST THOMAS VIRGIN ISLANDS ORG: /00000000000739110438 JEFFREY E EPSTEIN REF: DEPOSIT ON BARGE TRANSPORTATIO N/ACC/ST THOMAS USVI NO NAME GIVEN $15,000.00 $290,140.13 $250,000.00 $305,140.13 $100,000.00 $555,140.13 $50,000.00 Debit $10,000.00 Credits (cont.) Balance $725,097.23 $20,000.00 $705,097.23 $42.90 $705,140.13 $655,140.13 EFTA01526931 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 8 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 21 Description Fedwire Credit VIA: MELLON BANK N.A.-DUE FROM BK M /043000261 B/0: FINANCIAL TRUST COMPANY INC ST THOMAS VI 00802-1348 REF: CHASE NYC/CTR/BNF=JEFFREY E EP STEIN NEW YORK NY 10022-/AC-0000000 07391 RFB=O/B MELLON BANK BBI=/TIME /16:33 May 21 IMAD: 0521D3QCI200005495 Fedwire Debit VIA: WELLS FARGO NA /121000248 May 21 May 22 A/C: ZORRO DEVELOPMENT CORPORATION IMAD: 0521B1QGC05C006016 Book Transfer Debit A/C: NES, LLC NEW YORK NY 10022CHIPS Credit VIA: CITIBANK /0008 B/0: FINANCIAL TRUST COMPANY INC ST THOMAS VI008021348 May 22 REF: NBNF=JEFFREY E EPSTEIN NEW YOR K NY 10022-/AC-000000007391 ORG=/03 86605612 ST THOMAS VI008021348 OGB= /09253186 NY NY 10041 SSN: 0303143 Book Transfer A/C: RBC FINANCE BV AMSTERDAM NETHERLANDS 1017 EP ORG: /00000000000739110438 JEFFREY E EPSTEIN REF: /ACC/SWF/ROYCCAT2 BR NO 013120 03 EFTA01526932 May 22 Internal Funds Transfer FUNDS TRANSFERRED FROM DDA AC# 7391 10438 TO DDA AC# 739470663 As reque sted $150,000.00 $1,905,640.13 $150,000.00 $1,000,000.00 $1,090,140.13 $2,090,140.13 $50,000.00 $1,240,140.13 Debit Credits $1,000,000.00 (cont.) Balance $1,290,140.13 $34,500.00 $2,055,640.13 EFTA01526933 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 9 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 22 Description Fedwire Debit VIA: MELLON UNITED NTL /067009646 A/C: WORTH BUILDERS OF PALM BEACH REF: ACCT NAME WORTH BUILDERS OF PA LM BEACH INC REF: INVIOCE 270433/AC C/ATTN DARLENE MENDEZ 516 688 9400/ TIME/17:09 May 22 IMAD: 0522B1QGC04C005450 Fedwire Debit VIA: FIRSTBANK PR /221571473 May 23 A/C: HODGE AND FRANCOIS TRUSTEE ACC IMAD: 0522B1QGC04C002991 Fedwire Credit VIA: WELLS FARGO NA /121000248 B/0: PROTECTOR USA INC ALAMEDA CA 94501-7514 May 24 REF: CHASE NYC/CTR/BNF=JEFFREY E EP STEIN NEW YORK NY 10022-/AC-0000000 07391 RFB=O/B WELLS FARGO OBI=PURCH ASE OF 2004 PROTECTOR BBI=/TIME/15: IMAD: 0523I1B7039R002047 Fedwire Debit VIA: WACHOVIA BK NA VA /051400549 A/C: IRELAND MARINE TRANSPORTATION REF: ACCT NAME:IRELAND MARINE TRANS PORTATION May 25 IMAD: 0524B1QGC04C005280 Book Transfer Debit A/C: FX USD INCOMING/FED/CHIPS/DDA BOURNEMOUTH UNITED KINGDOM BH7 7-DB ORG: FX USD INCOMING/FED/CHIPS/DDA EFTA01526934 C/O CHASE MANHATTAN BK, CHASESIDE OGB: FX OPERATIONS NEW YORK NY REF: /0CMT/USD2989,47/BNF/EUR2172.5 8 $2,989.47 $1,115,202.45 $102,000.00 $1,168,191.92 $552,841.14 $1,066,191.92 Debit $286,607.07 Credits (cont.) Balance $1,619,033.06 $50,000.00 $1,118,191.92 EFTA01526935 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 10 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 25 Description Book Transfer A/C: STRANG HAYES HOLDING CORP DBA NY, NY 10022 May 25 ORG: /00000000000739110438 JEFFREY E EPSTEIN Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 25 REF: ACCT NAME LSJ LLC 6300 RED HOO K QUARTERS B-3 ST THOMAS USVI 00802 IMAD: 0525B1QGC03C002945 Book Transfer A/C: JP MOLYNEUX STUDIO LTD NEW YORK NY 10021ORG: /00000000000739110438 JEFFREY E EPSTEIN May 25 REF: ACCT NAME JP MOLYNEUX STUDIO L TD CORPORATE ACCOUNT REF: PROPOSAL NOS- 31890 CHIPS Debit VIA: BANK OF AMERICA N.A. /0959 A/C: MAGUIRE GROUP INC REF: REF: JOB NO'S 18321,18322,1832 8 May 25 SSN: 0306072 Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC May 25 REF: /ACC/1518 PONCE DELEON AVENUE PO 9146 SAN JUAN 00908 IMAD: 0525B1QGC04C002948 EFTA01526936 CHIPS Debit VIA: HSBC BANK USA /0108 A/C: GERALD B LEFCOURT PC IOLA ACCO REF: ACCT NME:GERALD B LEFCOURT PCIOLA ACCOUNT SSN: 0306063 $100,000.00 $856,547.30 $27,000.00 $1,083,876.45 Debit $4,326.00 Credits (cont.) Balance $1,110,876.45 $50,000.00 $1,033,876.45 $77,329.15 $956,547.30 $100,000.00 $756,547.30 EFTA01526937 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 11 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 29 May 29 Description Internal Funds Transfer FUNDS TRANSFERRED FROM ASSET AC# Q3 0171005 TO DDA AC# 739110438 As req uested Fedwire Debit VIA: WACHOVIA BK NA SC /053207766 May 30 A/C: ISLAND GLOBAL YACHTING LTD REF: REF: PURCHASE OF INTEREST IN A MERICAN YACHT HARBOR IMAD: 0529B1QGC03C007512 Book Transfer A/C: JP MOLYNEUX STUDIO LTD NEW YORK NY 10021ORG: /00000000000739110438 JEFFREY E EPSTEIN May 30 REF: ACCT NAME JP MOLYNEUX STUDIO L TD CORPORATE ACCOUNT REF: PROPOSAL NOS- 31983 LSJ CHIPS Debit VIA: BANK OF AMERICA N.A. /0959 A/C: UID 042906 CID/5004941057 BEN: HSIU JI MAO May 31 May 31 REF: HSIU JI MAO 975 MEMORIAL DR. A PT 808 RENT SSN: 0250477 Interest Paid Fedwire Debit VIA: WELLS FARGO NA /121000248 A/C: WELLS FARGO BANK,N.A.(IOWA) DES MOINES IA EFTA01526938 May 31 BEN: IMAD: 0531B1QGCO2C005254 Book Transfer A/C: BRIAN J KELLY PUTNAM VALLEY NY 10579-2107 ORG: /00000000000739110438 JEFFREY E EPSTEIN REF: VARIOUS PROJECTS $3,466.00 $768,752.08 $12,976,977.85 $779,569.45 Debit Credits $13,000,000.00 (cont.) Balance $13,756,547.30 $1,596.68 $777,972.77 $5,000.00 $772,972.77 $1,245.31 $2,000.00 $774,218.08 $772,218.08 EFTA01526939 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 12 of 13 Premier Checking Account Number 739-110438 Jeffrey E Epstein Activity Date May 31 Description Fedwire Debit VIA: FIRSTBANK PR /221571473 A/C: LSJ LLC REF: 6100 RED HOOK QUARTERS B-3 ST THOMAS USVI 00802/ACC/1518 PONCE DE LEON AVENUE PO 9146 SAN JUAN 00908 IMAD: 0531B1QGC03C004081 $16,593,859.83 Ending Balance Checks Paid Check 1150 Date May 02 Total Checks Enclosed Checks: 1 About Your Relationship We value your relationship with JPMorgan Private Bank. You were not charged for services this statement period. Thank You. Amount Check $40,000.00 $40,000.00 Date Amount Check Date Amount $17,113,435.68 $758,752.08 Debit $10,000.00 Credits (cont.) Balance $758,752.08 EFTA01526940 May 01, 2007 - May 31, 2007 Jeffrey E Epstein Primary Account Number: 739-110438 Page 13 of 13 Important Information about Your Statement Accounts are subject to the General Terms For Accounts and Services and applicable appendices and account agreements. Your accounts, unless otherwise indicated on the statement, are held by JPMorgan Chase Bank, N.A. (the "Bank"). Deposit accounts held at the Bank, including checking, savings, CD, and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts only) Telephone or write to the Bank if you think your statement or receipt is wrong, or if you need more information about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this statement. The address for inquiries appears below. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared. • • Tell us your name and account number. Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. • Tell us the dollar amount of the suspected error. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale transactions), we will recredit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you feel an error has taken place or have questions concerning a non-electronic transaction, telephone or write us within 30 days. The phone number is printed on the front of this statement. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not bank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank, N.A. or its affiliates or any federal or state government or government agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount invested. The distributor of the JPMorgan Funds is JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase Bank, N.A.. JPMorgan Chase Bank, N.A., and its affiliates receive compensation from JPMorgan Funds for providing services. Read the JPMorgan Funds prospectuses EFTA01526941 carefully for details, including fees and expenses, before investing or sending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund, Inc. and JPMorgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not part of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P., which are unaffiliated with JPMorgan, are the funds' distributors and investment advisor, respectively. Reich & Tang Distributors Inc. is a member NASD. IRA Accounts Accounts where the Bank serves as trustee or as discretionary investment manager for an ERISA plan or an IRA that hold Fiduciary Shares (as described below) do not bear any portion of investment, administrative, custodian or other charges paid to the Bank or its affiliates for services to the applicable JPMorgan Funds since these charges are subject to rebate as defined below. For accounts where the Bank serves as trustee, or discretionary investment manager for an ERISA plan or an IRA, which hold shares in the JPMorgan Funds other than Fiduciary Shares, the Bank receives fees for services from the JPMorgan Funds but waives account fees with respect to the funds so held. Fiduciary Shares are shares in the Select Shares class of JPMorgan Tax Aware Large Cap Value Fund, JPMorgan US Equity Fund, JPMorgan Tax Aware US Equity Fund, JPMorgan Tax Aware Large Cap Growth Fund, JPMorgan Mid Cap Equity Fund, JPMorgan Trust Small Cap Equity Fund, JPMorgan Fleming International Equity Fund, JPMorgan Short Term Bond Fund II, JPMorgan Bond Fund II, JPMorgan Tax Aware Enhanced Income Fund, JPMorgan Tax Aware Short-Intermediate Income Fund, JPMorgan Intermediate Tax- Free Income Fund, JPMorgan Tax-Free Income Fund, JPMorgan California Bond Fund, JPMorgan NY Intermediate Tax Free Income Fund and JPMorgan NJ Tax Free Income Fund held in the Bank's trust accounts or in the Bank's investment management accounts for ERISA plans or IRAs. "Rebate" means an amount returned by the Bank to the account which holds the Fiduciary Shares. The rebate amount represents the portion of servicing fees paid to the Bank by the mutual fund with respect to Fiduciary Shares. Please direct all inquiries to your Morgan Account Officer at JPMorgan Private Bank Client Service 500 Stanton Christiana Road, 1/OPS3 Newark, DE 19713-2107 EFTA01526942