EFTA01508866.pdf

JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY INC ACCT. O30171005 For the Period 5/1/08 to 5/31/08 Important InfoemabOn about AutbOnRat &sauna. (ARS) ARS harked a rveind sou,niaa wan an interest* Avalond, aba desorponaleaib an avcbon Alottivgn Inert nwt Co <tatty weekb end MON)* 'flail Mite LS no pa, anloo matinee. oba Do toud.ry N theta wand enough bads at an akbon to redeem In. soca bes ayakbie fa sole the resatt trey bee Wedavelon Ina Wed auction Duress no ass yahoo trot a secondaymaketwal develop a Met the secur(,' *at Oak at par a any anew ace reacted on stakenents Ace:tangly wink!".s shoud no! relyon prang snlamsbon appear", In rhea 3figerrients wen 'aspect to ARS The Oa&tub, of Me JAVaoan Funds d JPMorgan Deabbutson Senates Inc. what, b an 4Mb:beef JP/Vorpan Chase Bank. N A JP/Oapan Chase Bank NA and as athletes reserve compensator; from Jflbagen Fonds kr preychop Awakes Amencan Century hbastnentSonves. Inc a the dasubuta O, the Arna.C4an Century Fundl ArnotkanCeataylnyasbnentatanagernantInc aeiveS OS invnmtinladv8CE to ts respectbakod farreyandrouesescompecsathn from That fund lamtikoprovatogsnwastrnenttkhasayanf other ',tykes SINS Ls the coskthen of toted °caws and most mutual funds holcdthe thed partynxttuat funds. purchasedMb:AO JPMSI You shout, havvectaredseparabaJPMSIcontyrnahons Aar each sacwastransacion AN transactkns are sutyea to Ma Mina and condtcns stated on ma tabor seSal. of such conthrtabons and was. etr to the °costly:fon byte-a customs and mew/lathes toe merActotesersheremeartecland governedby and conspudin accactancewah the laws tithe Slate of New Yorkand ea appkabietedetal tax s end regubbons Cunha ma:ems:on with respect to connsacns and ache, charges relatable° the execotonof Panaactrons onCkAbng *Plans transactions he, tieben exluded fro Conf.'Wan* MN aereprebousktenahe1 to you Upon weaken requeft JPMSI vo,0poniptif supp), you *AM to le*If such oxformston Shathadersa catch-PM Funds sechadeda rederrelon kn.:rude to 2% c the procee:k they tmchavea redeemsbanko such fords ethyl 60 days of purchase hereof to catch exceptions set fah on the prospectus of the appkableFon1 Fkoseconsua JP1Argan reprosentahvokv a lest alms JPM Funds that appose radompton fees JPIeSt as mn*era the Sector:vs Investor Prbasaan Caporation CSIPC) a ncalcaptobt membersbpOYPOrtkOn tubbed by brcaeralealers registered bah the Secure., and ErchanseChremeech Seatdesand Cash heed kr a Claret at JPMSI we cycled& by SPC up to 1.500 000 pay customer Muth arcades up to 5100.000 of palaces:a fa cash SIPC does not protect stand losses ban ebduatons m the rake of the :wades Assets hat n custody by JPIActaan Chase Sank. NA (the Varabarenot sut%ect b SIPC tourney Mae vdormalson ethyl SIPC. mchang the SIPC &ochure. on thee webs* at \raw arc ay' a by COnfetbnp Tern at (2021371.8300. JP Wigan Secuntes Inc . JP&krgen Chase Sank N A a thee eflantes(the 'Maven Compeneslmayaoyaleaanbsaebee cusaschat seks chenbuSon a shotehada stivcea So JPMorgan Funds. Amacan Century Funds. a funds es:abashed sponsaed adwsed a mane:WM' relv0 peke. and the Skagen Comeconmay be connessated fa such accedes. JP/Arden Asa* Book rs ere md(kefin; name fa Me peak Caches Los mess conducted by J P Mogan Chose 8 Co though as subsdares maidtede rockdrog !Piker° Chase Book NA JP Mogen Trust Company NA and J P Morgan &cut*, Inc Account O30171005 Page 11 of 11 Page 12 of 17 Confidential Treatment Requested by JPMorgan JPM-SDNY-00034235 Chase CONFIDENTIAL SDNY_GM_00303433 EFTA01508866