EFTA01522165.pdf

JPMorgan Chase Bank, N.A. GHISLAINE MAXWELL- OAP FDG ACCT 270 Park Avenue, New York, NY 10017-2014 For the Period 3/1/12 to 3/31/12 Investment Management Account .I.P. Morgan Team Table of Contents Page Client News Effective in the second quarter, we will be implementing a Paul Morris Banker 212/464-0701 Account Summary 2 new pricing procedure with regard to your statements. In Jason Bell Investment Specialist 212/464-2084 Holdings cases where we are unable to obtain a current price from Janet Young Client Service Team 80016341318 Equity 4 an internal or external source for a particular security, the Gina Magliocco Client Service Team Cash 8, Fixed Income 7 price column on your statements may indicate Portfolio Activity 9 "unpriced". Although such securities may have value. please note that it a secuMy is indicated as "unpriced" it Online access www.MorganOnline.com will not be included in your overall current market value as reflected on the statement. Please see disclosures located at the end of this statement package for important information relating to each J P Morgan account(s). JP Morgan 0000000103 15 0 1500001 MAxvrEal 20120403 Page 1 of 11 Confidential Treatment Requested by JPMorgan JPM-SDNY-00049656 Chase CONFIDENTIAL SDNY_GM_00318854 EFTA01522165