EFTA01497545.pdf

June 01, 2006 - NES, LLC Jane 30,2006 JPMorgan 0 Primary Amount Number Private Bank Page 6 of 18 Important Information about Your Statement Accounts are subject to the Oman] Terms For Accounts and Services and applicable appendices and account agnyanallt Your accomits. unless othensue indicatedon the statement. are held by JPMorgan Chase Bank NA. (the 'Bank"), Deposit amounts held at the Bank, including checking, savings, CD, and milk, market accounts, are FDIC instant. In Case of Erron or Questions About Your Electronic Funds Transfers (personal accounts mill Telephone or write to the Bank if you think your statement or mop is wrong. or if you need more mormation about an electronic uansaction on a Aatetnent or receipt. The phone number for inquiries is printed on the front of this statement. The address for inquiries appears below. We must hair front you no later than 6(1 days after we sent you the FIRST iatement on which the error or problem appeared. • Tell us your name and account numbs. Please direct all inquiries to your Morgan Account Officer at • Describe the error or the transfer you are unsure about. JPMotgait Private Bank Client Service and explain as clearly Ils you can why you believe it is an 500 Stanton Christiana Road, UOPS3 error or why you need more information Newark, DE 19713-2107 • 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 ttainess days to do this (20 business days %r transactions outside the U.S and point-of-sale transactions), we will ream% your account for the amount you think is in awn so that you will have use of the money during the lime 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 fuel 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/Sceurities Securities (including Mutual Funds) and annuities are not hank deposits and arc not FDIC insured nor arc 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. Ilse 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 carefully for details. including fees and typists's, before investing or sending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund, Inc and JPMorgan Select Shams of the New Jersey Daily Municiped Income Fund. Inc. are not part of, or affiliated with, the JPMorgan Family of Mutual Ftmds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P., which are unaffiliated with JPMorgan, arc the funds' distributors and investment advisor, respectively. Reich Et Tang Distributors Inc. is a mac 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 helow) do not tear am 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 saves as trustee, or dims:tie:snare investment manager for an ERISA plan or an IRA, which hold shares in the JPMorvut hush other than Fiduciary Share:, the Bank receives fees for services front the JPMorgan Funds but waives account fees with respect to the hinds so held. Fiduciary Shares are shares in the Select Shares class of JPMorgan Tax Assure Large Cup Value Fund, JPMorgan US Equity Fund, JPMorgan Tax Aware US Equity Fund, JPMorgan 'Fax Aware Large Cap Growth Fund, JPAlorgan Mid Cap Equity Fund, 'Morgan Trust Small Cap Equity Fund, JPMorgan Fleming Intonational Equity Fund. JPMorgan Short Tam Bond Fund II. JPMorgan Bond Fund II. JPMorgan Tax Aware Enhanced Income Fund. Morgan Tax Aware Short-Intermediate Income Fund, WMorgon 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 held held in the Bea's trust accounts or in the Bank's investment manananatt 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 thc portion of servicing fees paid to the Bank by the mutual fund with iesport to Fiduciary. Shams. Confidential Treatment Requested by JPM-SDNY-00020991 JPMorgan Chase CONFIDENTIAL SDNY_GM_00290189 EFTA01497545