EFTA Document EFTA01485256

J.P.Morgan JEFFREY EPSTEIN ACCT. For the Period 3/1/09 to 3/31/09 InpodanrennwratenenRoyadmgAuction Rate Sec' mhos (ARS) ARS are deb: a aetarodsocvnbeernta in interest a dividend rate reset parcdcalym an aucton Although *we may be da*. weak/ye* meal* resets :hero 4 no guaranteethat Mae war be *may it Mae are not enough ed.: at an aucton to redeem the 'Devoe,* anabblala sab the resat may be a haled ;salon Ina laded 'maw Mereu no ~Lance that a secondary Make< wet **bp« Mat the saw* war trede