EFTA01508175.pdf

07 12005 JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number Asset Account Portfolio Page 3 of 18 FINANCIAL TRUST COMPANY INC July 01, 2005 - July 31, 2005 Asset Account Portfolio Jul, I - July 31, 2005 Please note that your banking statement reflects the fee charged by Chase when using your JPMorgan Private Bank banking card to make foreign currency point-of-sale Table of Contents purchase transactions and ATM withdrawals. The 3.5% Page fee remains unchanged and is added to the dollar amount Portfolio Summary 4 provided to us by MasterCard after it applies its foreign exchange rate to your initial purchase amount. Cash and Short Term 5 Equities 6 For your information, effective April 2, the exchange rate Equity Research Ratings 7 applied by MasterCard to Card transactions that occurred initially in a different currency, is: Other 8 Trade Activity 9 0) a rate selected by MasterCard from the range of rates Account Transactions 10 available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives, or (U) the government-mandated rate in effect for the applicable central processing date. The rate in effect on the Account Officers applicable processing date may differ from the rate on the date you used your Card. HORNAKNILLACISANEBB Confidential Treatment Requested by JPMorgan JPM-SDNY-00033357 Chase CONFIDENTIAL SDNY_GM_00302555 EFTA01508175