EFTA01569747.pdf

GHISLAINE MAXWELL EFTA01569747 EFTA01569748 JPMorgan Chase Bank, N.A. GHISLAINE MAXWELL For the Period 9/1/11 to 9/30/11 Asset Account J.P. Morgan Team Paul Morris Ian Hirschfield Janet Young Gina Swetra Online access Banker Investment Specialist Client Service Team Client Service Team www.MorganOnline.com For important information regarding your accounts refer to the rear of your statement Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 7 8 14 Client News J.P. Morgan Securities LLC's (JPMS LLC) and J.P. Morgan Clearing Corp.'s (JPMCC) Net Capital and Net Capital Requirements At June 30, 2011, JPMS LLC's net capital of $11.3 billion exceeded the minimum regulatory net capital requirement of $1.5 billion by $9.8 billion. JPMCC's net capital of $6.9 billion was approximately 7.2% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $1.9 billion by $5.0 billion. Complete copies of JPMS LLC's and JPMCC's individual unaudited Statement of Financial Condition may be obtained, at no cost, by accessing the following JPMorgan Chase & Co. website address: http://investor.shareholder.com/jpmorganchase/financial EFTA01569749 -condition.cfm Additionally, you may call the following toll-free phone nm r t r est a hard copy of the statement: 1 0000009945.15.0.15.00003.MAXWE00.20111007 Page 1 of 29 EFTA01569750 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 318,597.00 60,790.00 2,611,943.13 $2,991,330.13 16,082.11 $3,007,412.24 Ending Market Value 700,699.50 45,512.00 2,549,501.48 $3,295,712.98 24,640.90 $3,320,353.88 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred In Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals (311.73) 1,966,098.04 (1,507,719.38) $458,066.93 3,602.77 (157,286.85) $3,295,712.98 24,640.90 $3,320,353.88 Period Value 2,991,330.13 Change EFTA01569751 In Value 382,102.50 (15,278.00) (62,441.65) $304,382.85 8,558.79 $312,941.64 Year-to-Date Value 1,946,279.39 805,513.35 (152,611.65) 9,276,609.32 (9,070,092.23) $859,418.79 59,941.70 430,073.10 $3,295,712.98 24,640.90 $3,320,353.88 Estimated 47,172.50 60,929.62 $108,102.12 Current Annual Income Allocation 22% 1% 77% 100% Alternative Assets Equity Cash & Fixed Income Asset Allocation Page 2 of 29 EFTA01569752 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Account Summary Tax Summary Domestic Dividends/Distributions Currency Gain/Loss Interest Income Accrued Interest Current Year Taxable Income CONTINUED Current Period Value 593.75 3,009.02 $3,602.77 Year-to-Date Value 3,294.03 (43.73) 65,909.77 (9,218.37) $59,941.70 Unrealized Gain/Loss To-Date Value ($311,736.83) ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value Year-to-Date Value 19,728.75 34,634.68 $54,363.43 Cost Summary Equity Cash & Fixed Income Total 2,631,910.61 Cost 911,529.17 $3,543,439.78 Page 3 of 29 EFTA01569753 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Equity Summary Asset Categories US Large Cap Equity US Small/Mid Cap Equity Non-US Equity Preferred Stocks Concentrated & Other Equity Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Dividends Yield Equity Detail Price US Large Cap Equity AT&T INC 00206R-10-2 T Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Beginning Market Value 61,114.00 8,010.00 51,984.00 157,619.00 39,870.00 $318,597.00 Ending Market Value 64,888.00 6,360.00 32,480.00 407,390.00 189,581.50 $700,699.50 Current Period Value 700,699.50 911,529.17 EFTA01569754 (210,829.67) 47,172.50 6,017.28 6.72% Concentrated & Other Equity Change In Value 3,774.00 (1,650.00) (19,504.00) 249,771.00 149,711.50 $382,102.50 Current Allocation 2% 1% 1% 12% 6% 22% US Large Cap Equity US Small/Mid Cap Equity Non-US Equity Preferred Stocks Asset Categories Equity as a percentage of your portfolio - 22 % 28.52 1,000.000 28,520.00 31,610.00 (3,090.00) 1,720.00 6.03% Page 4 of 29 EFTA01569755 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Price US Large Cap Equity PROSHARES ULTRASHORT S&P 500 PROSHARES TRUST Total US Large Cap Equity 74347R-88-3 SDS 54.39 74347X-23-7 QID $64,888.00 US Small/Mid Cap Equity GERON CORP 374163-10-3 GERN Non-US Equity RESEARCH IN MOTION LIMITED 760975-10-2 RIMM Preferred Stocks CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 COUNTRYWIDE CAPITAL V 7% PFD 222388-20-9 CFC PB 3PM CHASE CAPITAL XXIX 6.7% PFD 48125E-20-7 3PM PC Total Preferred Stocks 25.06 2,500.000 62,650.00 $407,390.00 62,500.00 $422,578.96 150.00 ($15,188.96) 4,187.50 1,046.88 $31,227.50 $1,046.88 6.68% 7.67% Page 5 of 29 19.20 4,200.000 80,640.00 98,778.96 (18,138.96) 7,350.00 9.11% 20.30 EFTA01569756 1,600.000 32,480.00 160,288.72 (127,808.72) $102,623.00 ($37,735.00) $1,720.00 2.65% 200.000 10,878.00 26,203.50 (15,325.50) 25.49 1,000.000 25,490.00 44,809.50 (19,319.50) Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 2.12 3,000.000 6,360.00 18,129.32 (11,769.32) 26.41 10,000.000 264,100.00 261,300.00 2,800.00 19,690.00 7.46% EFTA01569757 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Price Concentrated & Other Equity GENERAL MOTORS CO CV PFD B 37045V-20-9 GM PB JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 46625H-HA-1 BBB /BAA Total Concentrated & Other Equity $189,581.50 $207,909.17 ($18,327.67) $14,225.00 $4,970.40 7.49% 103.00 150,000.000 154,501.50 157,909.17 (3,407.67) 11,850.00 4,970.40 7.65% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 35.08 1,000.000 35,080.00 50,000.00 (14,920.00) 2,375.00 6.77% Page 6 of 29 EFTA01569758 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value 60,790.00 Alternative Assets Detail Price Hard Assets BARC CALLABLE PALLDIUM CP NT 05/14/12 LNKD TO PLDMLNPM 7.4% CPN, 20% MAX, 80% BARRIER 05/03/2011 06738K-JA-0 ISHARES SILVER TRUST Total Hard Assets 46428Q-10-9 SLV $45,512.00 $64,010.03 28.91 1,000.000 28,910.00 44,010.03 83.01 20,000.000 16,602.00 20,000.00 Quantity Estimated Value Cost Ending Estimated Value 45,512.00 Change In Value (15,278.00) Current Allocation 1% Page 7 of 29 EFTA01569759 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Cash & Fixed Income Summary Beginning Asset Categories Cash Non-USD Cash Non-USD Short Term US Fixed Income Non-US Fixed Income Complementary Structured Strategies Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Market Value 442,590.93 670,968.45 224,425.55 709,957.00 416,306.70 147,694.50 $2,611,943 13 Ending Market Value 545,881.97 117,803.38 719,742.94 628,932.50 392,689.19 144,451.50 $2,549,501.48 Current Period Value 2,549,501.48 2,631,910.61 (82,409.13) 60,929.62 18,623.62 2.95% Cash Cash & Fixed Income as a percentage of your portfolio 77 % Change In Value 103,291.04 (553,165.07) 495,317.39 EFTA01569760 (81,024.50) (23,617.51) (3,243.00) ($62,441.65) Current Allocation 17% Non-USD Short Term 4% 21% 19% 12% 4% 77% Non-US Fixed Income Non-USD Cash Complementary Structured Strategies US Fixed Income Asset Categories Page 8 of 29 EFTA01569761 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 6-12 months, 1-5 years, 5-10 years, Total Value 1 SUMMARY BY TYPE Market Value 1,334,577.38 48,850.91 533,254.69 632,818.50 $2,549,501.48 % of Bond Portfolio 55% 1% 20% 24% 100% The years indicate the number of years until the bond is scheduled to mature based on the statement end date. Some bonds may be called, or paid in full, before their stated maturity. Note: A - Bonds purchased at a premium show amortization. 1 Cash & Fixed Income Detail Price Cash US DOLLAR 3PM NY MUNI MM FD - MORGAN Total Cash Non-USD Cash TURKISH LIRA NEW PRINCIPAL CURRENCY Page 9 of 29 1.00 1.00 545,880.97 1.00 545,880.97 1.00 $545,881.97 545,880.97 1.00 EFTA01569762 $545,881.97 $0.00 $163.76 $11.13 0.03% 163.76 11.13 0.03% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Cash & Fixed Income Cash NON USD Cash Corporate Bonds Municipal Bonds International Bonds Complementary Structure Total Value Market Value 545,881.97 117,803.38 272,025.50 218,532.00 1,250,807.13 144,451.50 $2,549,501.48 % of Bond Portfolio 21% 4% 10% 8% 52% 5% 100% This is the Annual Percentage Yield (APY) which is the rate earned if balances remain on deposit for a full year with compounding, there is no change in the interest rate and all interest is left in the account. 0.54 19,500.00 10,486.96 11,816.03 EFTA01569763 (1,329.07) EFTA01569764 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Price Non-USD Cash JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/28/2011 MATURITY 10/05/2011 HELD BY LONDON TREASURY SERVICES Total Non-USD Cash Non-USD Short Term JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.7100% DATED 09/29/2011 MATURITY 10/06/2011 HELD BY LONDON TREASURY SERVICES Bearer 2524Y9-9B-8 CAD JP MORGAN CHASE BANK - GBP LONDON TIME DEPOSITS 0.1700% DATED 09/29/2011 MATURITY 10/06/2011 HELD BY LONDON TREASURY SERVICES Bearer 2524Y9-9J-1 GBP JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/29/2011 MATURITY 10/06/2011 HELD BY LONDON TREASURY SERVICES Bearer 2524Y9-9L-6 NOK 17.03 590,125.82 100,515.38 102,609.45 (2,094.07) 1,557.98 8.64 1.59% 155.78 265,339.79 413,346.32 432,404.70 (19,058.38) 702.67 3.72 0.18% $117,803.38 $115,079.93 $2,723.45 $1,663.40 $13.84 1.45% 17.03 EFTA01569765 630,054.70 107,316.42 103,263.90 4,052.52 1,663.40 13.84 1.59% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 95.96 114,834.10 110,200.18 112,446.71 (2,246.53) 782.41 4.29 0.72% Page 10 of 29 EFTA01569766 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Price Non-USD Short Term INTER AMERICAN DEVEL BANK - IDR 6.7% OCT 31 2011 DTD 10/30/2009 HELD BY EUROCLEAR ISIN XS0459432679 SEDOL B5756J3 458183-9K-8 NA /AAA IDR INTL BK RECON & DEVELOP - BRL 8.75% JUN 15 2012 DTD 08/20/2009 HELD BY EUROCLEAR ISIN XS0446421157 SEDOL B435Z93 459058-96-1 NA /AAA BRL Total Non-USD Short Term US Fixed Income HSBC FINANCE CORP MEDIUM TERM NOTE 2.9% OCT 15 2015 DTD 10/15/2010 40429X-YB-6 A /A3 GENERAL ELEC CAP CORP MEDIUM TERM FLOATING RATE NOTE MAY 11 2016 DTD 05/11/2007 36962G-2V-5 AA+ /AA2 BANK OF AMERICA CORP MEDIUM TERM NOTE 3.6% NOV 15 2016 DTD 11/04/2010 06050W-DW-2 A /BAA 87.64 150,000.00 131,460.00 150,000.00 (18,540.00) 5,400.00 2,040.00 6.47% 92.25 50,000.00 46,125.50 45,394.50 731.00 239.19 33.85 2.25% $719,742.94 $746,337.35 ($26,594.41) $10,483.98 EFTA01569767 $4,204.05 3.59% 54.28 90,000.00 48,850.91 50,106.74 (1,255.83) 4,242.42 1,251.83 7.52% 0.01 419,625,000.00 46,830.15 48,769.75 (1,939.60) 3,198.50 2,935.57 40.63% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 94.44 100,000.00 94,440.00 100,000.00 (5,560.00) 2,900.00 1,337.20 4.42% Page 11 of 29 EFTA01569768 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Price US Fixed Income A STATE OF NEW YORK DORMITORY AUTH REVS NONST SUPPORTED DEBT MUN HLTH FACS LEASE 4% SUB 2-1 JAN 15 2017 DTD 12/21/2001 HELD BY DTC BOOK ENTRY ONLY 649903-F5-5 AA- /AA3 BARCLAYS BANK PLC MEDIUM TERM NOTE 2 2/1% OCT 20 2017 DTD 10/20/2010 06740P-VG-8 NA /AA3 A STATE OF NEW YORK DORMITORY AUTH REVS NON ST SUPPORTED DEBT MEM SLOAN KETTERING 4% SUBSER A2 JUL 01 2018 DTD 05/13/2008 HELD BY DTC BOOK ENTRY ONLY 649903-B4-2 AA /AA2 Total US Fixed Income Non-US Fixed Income KFW - TRY MTN 9 3/4% JUL 16 2013 DTD 02/10/2010 HELD BY EUROCLEAR ISIN XS0484842470 SEDOL B637YV8 14085A-9A-6 AAA /AAA TRY $628,932.50 $645,711.52 $645,861.12 ($16,779.02) $20,289.19 $6,932.45 3.86% 110.75 100,000.00 110,751.00 100,087.04 100,118.56 10,663.96 4,000.00 1,000.00 2.27% 92.25 150,000.00 138,375.00 150,000.00 (11,625.00) 3,750.00 EFTA01569769 1,677.00 3.95% 107.78 100,000.00 107,781.00 100,229.98 100,348.06 7,551.02 4,000.00 844.40 2.42% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 56.88 200,000.00 113,764.82 135,555.56 (21,790.74) 10,486.97 2,206.24 6.22% Page 12 of 29 EFTA01569770 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Price Non-US Fixed Income INTER AMERICAN DEVELOPMENT BANK- INR MEDIUM TERM NOTE 3% MAR 25 2014 DTD 03/25/2010 HELD BY EUROCLEAR ISIN XS0495010562 SEDOL B5114T3 U45818-9G-5 AAA /AAA INR INTER AMERICAN DEVEL BK - IDR MEDIUM TERM NOTE 6.50% JUN 04 2014 DTD 06/04/2010 HELD BY EUROCLEAR ISIN XS0513770957 SEDOL B4YWHCO 45818W-9K-4 AAA /NA IDR Total Non-US Fixed Income Complementary Structured Strategies MS 7YNC1Y STEP-UP NOTE 09/13/17 INITIAL RATE 2.75% CPN WHERE MAX RATE IS 6% PER ANNUM DD 9/8/10 61745E-6Q-9 A /A2 $392,689.19 $428,899.84 ($36,210.65) $24,204.29 $7,462.15 5.91% 0.01 1,300,000,000.00 143,871.00 150,112.11 (6,241.11) 9,613.19 3,125.46 7.90% 2.02 6,700,000.00 135,053.37 143,232.17 (8,178.80) 4,104.13 2,130.45 3.54% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income EFTA01569771 Accrued Interest Yield 96.30 150,000.00 144,451.50 150,000.00 (5,548.50) 4,125.00 Page 13 of 29 EFTA01569772 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - U S Dollar Beginning Cash Balance PRINCIPAL Current Transactions Income INFLOWS 3,291.04 Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 100,000.00 $100,000.00 $545,880.97 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 361,624.13 (151,520.00) $210,104.13 -$0.00 $0.00 $0.00 -$0.00 $3,291.04 35,431.03 373,275.73 19,301.36 $428,008.12 (150,000.00) (144,773.93) ($294,773.93) $0.00 $0.00 Period Value 442,589.93 Year-To-Date Value* -INCOME EFTA01569773 Current Period Value 0.00 Year-To-Date Value* -$0.00 $0.00 Page 14 of 29 EFTA01569774 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - U S Dollar Total Cost Adjustments Current Cost Adjustments Cost Adjustments Period Value 450,466.62 $450,466.62 * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 9/1 9/1 9/12 Interest Income Div Domest Receipt of Assets Description DEPOSIT SWEEP INTEREST FOR AUG. @ .03% RATE ON NET AVG COLLECTED BALANCE OF $384,403.13 AS OF 09/01/11 GENERAL MOTORS CO CV PFD B @ 0.59375 PER SHARE (ID: 37045V-20-9) BANK OF AMERICA CORP MEDIUM TERM NOTE 3.6% NOV 15 2016 DTD 11/04/2010 MERRILL LYNCH PIERCE FENNER & SMIT TRADE DATE 09/12/11 (ID: 06050W-DW-2) 9/12 Receipt of Assets STATE OF NEW YORK DORMITORY AUTH REVS NON ST SUPPORTED DEBT MEM SLOAN KETTERING 4% SUBSER A2 JUL 01 2018 DTD 05/13/2008 HELD BY DTC BOOK ENTRY ONLY MERRILL LYNCH PIERCE FENNER & SMIT TRADE DATE 09/12/11 (ID: 649903-B4-2) 100,000.000 0.00 1,000.000 150,000.000 0.00 0.594 593.75 Quantity Cost Per Unit Amount PRINCIPAL Amount EFTA01569775 9.79 INCOME Amount Year-To-Date Value* 889,679.04 $889,679.04 Page 15 of 29 EFTA01569776 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Type Settle Date Selection Method 9/12 Receipt of Assets Description STATE OF NEW YORK DORMITORY AUTH REVS NONST SUPPORTED DEBT MUN HLTH FACS LEASE 4% SUB 2-1 JAN 15 2017 DTD 12/21/2001 HELD BY DTC BOOK ENTRY ONLY MERRILL LYNCH PIERCE FENNER & SMIT TRADE DATE 09/12/11 (ID: 649903-F5-5) 9/12 9/13 9/29 Receipt of Assets Corporate Interest Corporate Interest Total Inflows & Outflows TRADE ACTIVITY Trade Date Type Settle Date Selection Method Description Settled Sales/Maturities/Redemptions 9/29 9/29 Redemption Pro Rata FHLB 1.25% 09/29/15 ENTIRE ISSUE CALLED @ 100.00 (ID: 313371-2G-0) Quantity (100,000.000) HSBC FINANCE CORP MEDIUM TERM NOTE 2.9% OCT 15 2015 DTD 10/15/2010 MERRILL LYNCH PIERCE FENNER & SMIT TRADE DATE 09/12/11 (ID: 40429X-YB-6) MS 7YNC1Y STEP-UP NOTE 09/13/17 INITIAL RATE 2.75% CPN WHERE MAX RATE IS 6% PER ANNUM DD 9/8/10 (ID: 61745E-6Q-9) FHLB 1.25% 09/29/15 EARNED DISCOUNT (ID: 313371-2G-0) 100,000.000 0.006 625.00 $3,291.04 100,000.000 0.00 150,000.000 0.014 2,062.50 EFTA01569777 Quantity Cost Per Unit Amount 100,000.000 0.00 PRINCIPAL Amount INCOME Amount Per Unit Amount 100.00 Proceeds Tax Cost 100,000.00 (100,000.00) Realized Gain/Loss Page 16 of 29 EFTA01569778 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 COST ADJUSTMENTS Settle Date 9/13 9/13 9/13 Type Cost Basis Adj Cost Basis Adj Cost Basis Adj Description BANK OF AMERICA CORP MEDIUM TERM NOTE 3.6% NOV 15 2016 DTD 11/04/2010 ACATS COST BASIS ADJUSTMENT (ID: 06050W-DW-2) HSBC FINANCE CORP MEDIUM TERM NOTE 2.9% OCT 15 2015 DTD 10/15/2010 ACATS COST BASIS ADJUSTMENT (ID: 40429X-YB-6) STATE OF NEW YORK DORMITORY AUTH REVS NON ST SUPPORTED DEBT MEM SLOAN KETTERING 4% SUBSER A2 JUL 01 2018 DTD 05/13/2008 HELD BY DTC BOOK ENTRY ONLY ACATS COST BASIS ADJUSTMENT (ID: 649903-B4-2) 9/13 Cost Basis Adj STATE OF NEW YORK DORMITORY AUTH REVS NONST SUPPORTED DEBT MUN HLTH FACS LEASE 4% SUB 2-1 JAN 15 2017 DTD 12/21/2001 HELD BY DTC BOOK ENTRY ONLY ACATS COST BASIS ADJUSTMENT (ID: 649903-F5-5) Total Cost Adjustments $450,466.62 100,000.000 100,348.06 100,000.000 100,118.56 100,000.000 100,000.00 Quantity 150,000.000 Cost Basis Adjustments 150,000.00 Page 17 of 29 EFTA01569779 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - Canadian Dollar PRINCIPAL US Dollar Value Current Transactions Income INFLOWS Total Inflows OUTFLOWS ** Total Outflows Withdrawals TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 51,742.94 (112,433.39) ($112,433.39) -(112,433.39) ($60,690.45) -(114,820.48) (114,820.48) 0.00 50,731.37 (114,820.48) (64,089.11) -Period Value Beginning Cash Balance -13.32 $13.32 (13.32) ($13.32) Year-To-Date Value* -13.32 $13.32 (13.32) ($13.32) Local Value Current Period Value 114,820.48 13.62 EFTA01569780 13.62 (13.62) (13.62) Year-To-Date Value* -13.62 13.62 (13.62) (13.62) Page 18 of 29 EFTA01569781 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - Canadian Dollar INCOME US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Portfolio Activity Detail - Canadian Dollar INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/29 Foreign Interest Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.6100% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524U9-9C-0) 9/29 9/29 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT CANADIAN DOLLAR (ID: OCADPR-AA-6) Free Delivery High Cost JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.6100% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524U9-9C-0) (13.620) (114,820.480) (13.32) (13.62) Quantity 114,820.480 Amount USD Local Value PRINCIPAL Amount USD Local Value 13.32 13.62 INCOME Amount USD Local Value Currency EFTA01569782 Gain/Loss USD Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 Year-To-Date Value* --Page 19 of 29 EFTA01569783 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/29 Receipt of Assets Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.7100% DATED 09/29/2011 MATURITY 10/06/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524Y9-9B-8) Total Inflows & Outflows TRADE ACTIVITY - Canadian Dollar Per Unit Trade Date Settle Date Type Settled Securities Purchased 9/22 Purchase 9/22 Description Quantity JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 114,820.480 0.6100% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524U9-9C-0) Amount USD Local Value 97.90 100.00 Market Cost USD Local Value (112,433.39) (114,820.48) Currency Gain/Loss USD $0.00 Quantity 114,834.100 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value EFTA01569784 Currency Gain/Loss USD Page 20 of 29 EFTA01569785 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - Norwegian Krone PRINCIPAL US Dollar Value Current Transactions Beginning Cash Balance INFLOWS Total Inflows Income OUTFLOWS ** Total Outflows Withdrawals Ending Cash Balance * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position INCOME US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 Year-To-Date Value* --Period Value -284.87 $284.87 (284.87) ($284.87) -Year-To-Date Value* -2,584.79 $2,584.79 (2,584.79) ($2,584.79) -Local EFTA01569786 Value Current Period Value 0.00 1,587.86 1,587.86 (1,587.86) (1,587.86) 0.00 Year-To-Date Value* -14,296.17 14,296.17 (14,296.17) (14,296.17) -Page 21 of 29 EFTA01569787 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Detail - Norwegian Krone INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/1 Foreign Interest Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 08/25/2011 MATURITY 09/01/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524D9-9M-7) 9/1 9/1 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 9/1 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 08/25/2011 MATURITY 09/01/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524D9-9M-7) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/01/2011 MATURITY 09/08/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524H9-9G-6) 9/7 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 08/31/2011 MATURITY 09/07/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524G9-9J-1) 9/7 9/7 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 08/31/2011 MATURITY 09/07/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524G9-9J-1) (189.670) (629,332.410) (35.44) (189.67) 629,332.410 EFTA01569788 35.44 189.67 589,437.850 (177.600) (589,260.250) (33.20) (177.60) Quantity 589,260.250 Amount USD Local Value PRINCIPAL Amount USD Local Value 33.20 177.60 INCOME Amount USD Local Value Currency Gain/Loss USD Page 22 of 29 EFTA01569789 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/7 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/07/2011 MATURITY 09/14/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524L9-9E-6) 9/8 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/01/2011 MATURITY 09/08/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524H9-9G-6) 9/8 9/8 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 9/8 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/01/2011 MATURITY 09/08/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524H9-9G-6) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/08/2011 MATURITY 09/15/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524M9-9C-9) 9/14 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/07/2011 MATURITY 09/14/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524L9-9E-6) 9/14 9/14 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/07/2011 MATURITY 09/14/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524L9-9E-6) EFTA01569790 (189.730) (629,522.080) (33.56) (189.73) 629,522.080 33.56 189.73 589,615.500 (177.650) (589,437.850) (32.98) (177.65) 589,437.850 32.98 177.65 Quantity 629,522.080 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 23 of 29 EFTA01569791 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/14 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3500% DATED 09/14/2011 MATURITY 09/21/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524P9-9S-1) 9/15 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/08/2011 MATURITY 09/15/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524M9-9C-9) 9/15 9/15 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 9/15 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/08/2011 MATURITY 09/15/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524M9-9C-9) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3500% DATED 09/15/2011 MATURITY 09/22/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524Q9-9W-1) 9/21 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3500% DATED 09/14/2011 MATURITY 09/21/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524P9-9S-1) 9/21 9/21 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3500% DATED 09/14/2011 MATURITY 09/21/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524P9-9S-1) EFTA01569792 (165.300) (629,711.810) (29.29) (165.30) 629,711.810 29.29 165.30 589,793.200 (177.700) (589,615.500) (31.20) (177.70) 589,615.500 31.20 177.70 Quantity 629,711.810 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 24 of 29 EFTA01569793 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/21 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 09/21/2011 MATURITY 09/28/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524T9-9U-2) 9/22 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3500% DATED 09/15/2011 MATURITY 09/22/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524Q9-9W-1) 9/22 9/22 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 9/22 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3500% DATED 09/15/2011 MATURITY 09/22/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524Q9-9W-1) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524U9-9V-8) 9/28 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 09/21/2011 MATURITY 09/28/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524T9-9U-2) 9/28 9/28 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 09/21/2011 MATURITY 09/28/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524T9-9U-2) EFTA01569794 (177.590) (629,877.110) (31.05) (177.59) 629,877.110 31.05 177.59 589,948.020 (154.820) (589,793.200) (27.29) (154.82) 589,793.200 27.29 154.82 Quantity 629,877.110 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 25 of 29 EFTA01569795 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/28 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/28/2011 MATURITY 10/05/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524X9-9T-0) 9/29 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524U9-9V-8) 9/29 9/29 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 9/29 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524U9-9V-8) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.5500% DATED 09/29/2011 MATURITY 10/06/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524Y9-9L-6) Total Inflows & Outflows $0.00 590,125.820 (177.800) (589,948.020) (30.86) (177.80) 589,948.020 30.86 177.80 Quantity 630,054.700 Amount USD Local Value PRINCIPAL Amount USD EFTA01569796 Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 26 of 29 EFTA01569797 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - Pound Sterling PRINCIPAL US Dollar Value Current Transactions Income Contributions Total Inflows OUTFLOWS ** Total Outflows Withdrawals TRADE ACTIVITY Total Trade Activity Settled Securities Purchased Ending Cash Balance * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Period Value Beginning Cash Balance INFLOWS -13.54 $13.54 (13.54) ($13.54) (432,391.16) ($432,391.16) -Year-To-Date Value* -13.54 432,237.62 $432,251.16 (13.54) ($13.54) (432,391.16) ($432,391.16) -Local Value Current Period Value 265,331.14 8.65 8.65 (8.65) (8.65) (265,331.14) (265,331.14) 0.00 Year-To-Date EFTA01569798 Value* -8.65 265,233.41 265,242.06 (8.65) (8.65) (265,331.14) (265,331.14) -Page 27 of 29 EFTA01569799 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 Portfolio Activity Summary - Pound Sterling INCOME US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Portfolio Activity Detail - Pound Sterling INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/29 Foreign Interest Description JP MORGAN CHASE BANK - GBP LONDON TIME DEPOSITS 0.1700% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES (ID: 2524U9-9P-1) 9/29 9/29 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT POUND STERLING (ID: OGBPPR-AA-9) Free Delivery High Cost JP MORGAN CHASE BANK - GBP LONDON TIME DEPOSITS 0.1700% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524U9-9P-1) (8.650) (265,331.140) (13.54) (8.65) Quantity 265,331.140 Amount USD Local Value PRINCIPAL Amount USD Local Value 13.54 8.65 INCOME Amount USD Local Value Currency EFTA01569800 Gain/Loss USD Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 Year-To-Date Value* --Page 28 of 29 EFTA01569801 GHISLAINE MAXWELL ACCT. For the Period 9/1/11 to 9/30/11 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/29 Receipt of Assets Description JP MORGAN CHASE BANK - GBP LONDON TIME DEPOSITS 0.1700% DATED 09/29/2011 MATURITY 10/06/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524Y9-9J-1) Total Inflows & Outflows TRADE ACTIVITY - Pound Sterling Per Unit Trade Date Settle Date Type Settled Securities Purchased 9/22 Purchase 9/22 Description Quantity JP MORGAN CHASE BANK - GBP LONDON TIME DEPOSITS 265,331.140 0.1700% DATED 09/22/2011 MATURITY 09/29/2011 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2524U9-9P-1) Amount USD Local Value 163.00 100.00 Market Cost USD Local Value (432,391.16) (265,331.14) Currency Gain/Loss USD $0.00 Quantity 265,339.790 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value EFTA01569802 Currency Gain/Loss USD Page 29 of 29 EFTA01569803 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01569804 For the Period 9/1/11 to 9/30/11 IMPORTANT INFORMATION ABOUT YOUR STATEMENT(S) Please take the steps indicated below if you think statements are incorrect or contact your J.P.Morgan team if you require additional information about a transaction on your statement(s). In Case of Errors or Questions About Your Electronic Transfers. Contact your J.P. Morgan Team at one of the telephone numbers on the front of your statements or write us at at J.P. Morgan, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107 as soon as you can, if you think your statement is wrong or if you need more information about a transfer on the statement. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared. (1) Tell us your name and account number. (2) 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. (3) 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 (or 20 business days for new accounts) to do this, we will credit your account for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non-Electronic Transfers (Checks or Deposits) Contact JPMorgan Chase Bank, N.A. ("JPMCB") Member FDIC immediately if a statement is incorrect or if you need more information about any non- electronic transactions (checks or deposits) on this statement. If any such error appears, you must notify the bank in writing as soon as possible after your statement was made available to you. For more complete details, see the applicable account agreements and appendices that govern your account. Deposit products and services are offered by JPMorgan Chase Bank, N.A. ("JPMCB") Member FDIC. In case of other errors or questions about your brokerage account statement. Please review your account statement and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, unaccounted cash positions, improper payments or transfers in writing to both the introducing broker, JPMS and the clearing firm, JPMCC at the addresses shown on your statement. Any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act (SIPA). If you have any questions please contact your J.P.Morgan team. In your written communication, please provide the following information: (1) your name and account number; (2) the dollar amount of the suspected error; and (3) a description of the error and explanation, if you can, why you believe there is an error. If you need more information, you must describe the item you are unsure about. We must receive your written communication no later than 30 days after the statement on which the error or problem appeared is sent or made available. If you do not so notify us, you agree that the statement EFTA01569805 activity and account balance(s) are correct. Important Information about Pricing and Valuations Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein some of which has been provided by pricing sources or other sources that J.P. Morgan believes to be reliable, is not guaranteed for accuracy and is furnished for the exclusive use of the client. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents the actual terms at which transactions or securities could be bought or sold or new transactions could be entered into, or the actual terms on which existing transactions or securities could be liquidated. Such values may only be indicative. The current price is the value of the financial asset share, unit or contract as priced at the close of the market on the last day of the statement period or the last available price. All values provided for structured yield deposits (for example, JPMorgan London Time Deposits) reflect the original deposit amount only. The value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. Certain assets including but not limited to, pooled and private investments, non-publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of such assets may have been provided to us by third parties who may not be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. Disclosures Page 1 of 4 EFTA01569806 For the Period 9/1/11 to 9/30/11 Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are derived from proprietary models based upon well-recognized financial principles and we have, when necessary to calculate the present value of future cash flows, made reasonable estimates about relevant future market conditions. Valuations based on other models or different assumptions may yield different results. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the models or estimates used in deriving the valuations, (2) any errors or omissions in computing or disseminating the valuations, and (3) any uses to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Please refer to the trade confirmation for details of each transaction. These statements are not official documents for income tax reporting purposes and should not be relied upon for such purposes, including determination of income, cost basis, amortization or accretion, or gain/loss. Such information, which may be inaccurate, incomplete or subject to updating, should be confirmed with your records and your tax advisor. Important Information Regarding Auction Rate Securities (ARS). ARS are debt or preferred securities with an interest or dividend rate reset periodically in an auction. Although there may be daily, weekly and monthly resets, there is no guarantee that there will be liquidity. If there are not enough bids at an auction to redeem the securities available for sale, the result may be a failed auction. In the event of a failed auction, there is no assurance that a secondary market will develop or that the security will trade at par or any other price reflected on statements and online.Accordingly, investors should not rely on pricing information appearing in their statements or online with respect to ARS. Where J.P. Morgan was unable to obtain a price from an outside service for a particular ARS, the price column on your statement and online will indicate "$0.00" which should not be relied on as the price at which ARS would trade. The JPMorgan Funds or The JPMorgan Institutional Funds or The American Century Funds Shares of the funds are not bank deposits and are not guaranteed by any bank, government entity, or the FDIC. Return and share price will fluctuate and redemption value may be more or less than original cost. While the money market funds seek to maintain a stable net asset value of $1.00 per share, there is no assurance that they will continue to do so. The estimated annual income and dividend yield figures for mutual funds represent the funds' most recent income dividend annualized. The distributor of the JPMorgan Funds is JPMorgan Distribution Services, Inc., which is an affiliate of JPMCB. JPMCB and its affiliates receive compensation from JPMorgan Funds for providing services. American Century Investment Services, Inc. is the distributor of the American Century Funds. American Century Investment Management Inc. serves as investment advisor to its respective EFTA01569807 fund family and receives compensation from that fund family for providing investment advisory and other services. Shareholders of certain 3PMorgan Funds are charged a redemption fee equal to 2% of the proceeds if they exchange or redeem shares of such funds within 60 days of purchase, subject to certain exceptions set forth in the prospectus of the applicable Fund. Please consult your J.P. Morgan representative for a list of the JPMorgan Funds that impose redemption fees. Offshore Deposits - London and Nassau Deposits in Foreign Branches are not insured by the FDIC or any other Agency of the Federal Government; amounts in such foreign accounts do not have the benefit of any domestic preference applicable to U.S Banks; certain Foreign accounts are considered reportable to the Internal Revenue Service on a Report of Foreign Bank and Financial Accounts (TD F 90-22.1). You must promptly advise your J.P.Morgan representative of material changes in your investment objectives or financial situation or if you wish to modify the management of your account. Unless you inform otherwise, your J.P.Morgan representative will consider the information currently in its files to be complete and accurate. Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, the Private Bank of J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request. Additional Information About Your Accounts Disclosures Page 2 of 4 EFTA01569808 For the Period 9/1/11 to 9/30/11 Securities purchased or sold through J.P.Morgan Securities LLC ("JPMS") (1) other than mutual funds, are cleared through 3.P.Morgan Clearing Corp. ("JPMCC"), an affiliate of JPMS, and (2) other than exchange-listed options and securities held in margin account(s), are held in your Asset Account at .JPMCB. Positions in exchange-listed options and in margin account(s) are held by JPMCC and are not delivered to or from your Asset Account. For your convenience, however, positions in exchange-listed options are presented in Asset Account statement(s) together with other assets held in such account(s). All pertinent information about your settled and pending purchases and sales effected through your JPMS account during the period covered by these statement(s), is summarized in the "Trade Activity" portion of the statement(s). You should have received (or have made available to you) separate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse side of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplace where executed and governed by and construed in accordance with the laws of the State of New York and all applicable federal laws and regulations. Further information with respect to commissions and other charges related to the execution of transactions, including options transactions, has been included in confirmations that were previously furnished to you. Upon written request, JPMS will promptly supply you with the latest such information. JPMCC and JPMS are members of the Securities Investor Protection Corp ("SIPC"), a not-for-profit membership corporation funded by broker-dealers registered with the Securities and Exchange Commission. Securities and cash held for a customer at JPMS and JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $100,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMCB are not subject to SIPC. You may obtain information about SIPC, including the SIPC Brochure, on their website, at "www.sipc.org" or by contacting them at To the extent applicable, please note the following regarding estimated annual income (EAI) and estimated yield (EY): EAI and EY for certain types of securities could include a return of principal or capital gains in which case the EAI and EY would be overstated. EAI and EY are estimates and the actual income and yield might be lower or higher than the estimated amounts. EY reflects only the income generated by an investment. It does not reflect changes in its price, which may fluctuate. JPMS, JPMCB or their affiliates (the "J.P. Morgan Companies") may provide administrative, custodial, sales, distribution or shareholder services to 3PMorgan Funds, American Century Funds, or funds established, sponsored, advised, or managed by third parties, and the J.P. Morgan Companies may be compensated for such services. A financial statement of this organization is available to you for personal inspection at its offices, or a copy will be mailed to you upon written EFTA01569809 request. Bank products and services are offered through JPMCB and its banking affiliates. Securities are offered by JPMS and, to the extent noted above, cleared through JPMCC. If a partial call is made with respect to an issue of securities included in your Accounts we will allocate the call by a method we deem fair and equitable. JPMS is not a bank and is a separate legal entity from its bank or thrift affiliates, including JPMorgan Chase Bank, N.A. ("JPMCB"). Investment Products: Not FDIC Insured -No Bank Guarantee -May Lose Value IMPORTANT INFORMATION ABOUT ALTERNATIVE INVESTMENTS: FOOTNOTES 1 - 4 Private Equity, Hedge Funds, Exchange Funds, Real Estate and Other Alternative Assets 1. Direct private equity investments and pooled private investments (e.g., interests in limited partnerships and limited liability companies) are generally illiquid securities. Values are estimates only and are not warranted for accuracy or completeness. Val