EFTA01508362.pdf

JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY INC Account Number December 01, 2006 - December 31, 2006 Equity Research Ratings Independent, third party research is available for 18 months after JPMorgan Securities, Inc. terminates coverage. Clients can access this research at www.privatedientjpmorgan.com or can call their JPMorgan representative at their toll free number to request that a copy of this research be sent to them. Equity Research Ratings for any company where JPMSI has terminated coverage are excluded below. For explanation of JPMSI ratings, see disclaimer section at end of statement. For third party ratings systems, see specific third party research at www.privateclientjpmorgan.com. Equity Holdings in Alphabetical Order DISCOPflOralektf ReSIMS TWEEN BRANDS INC TWB JPMSI: NEUTRAL MRNGSTAR: 2 stars Providers: ARGUSRES = Argus Research Corporation; BOE SECR = BOE Securities; MRNGSTAR = Morningstar; REN CAP = Renaissance Capital; S&P = Standard & Poor's Page 8 of 22 Confidential Treatment Requested by JPMorgan JPM-SDNY-00033602 Chase CONFIDENTIAL SDNY_GM_00302800 EFTA01508362