EFTA01568901.pdf

GHISLAINE MAXWELL 1000 VENETIAN WAY APT 801 MIAMI FL 33139-1043 EFTA01568901 EFTA01568902 JPMorgan Chase Bank, N.A. GHISLAINE MAXWELL 270 Park Avenue, New York, NY 10017-2014 ACCT. For the Period 6/1/10 to 6/30/10 Asset Account J.P. Morgan Team Paul Morris Jason Bell Janet Young Gina Magliocco Banker Investment Specialist Client Service Team Client Service Team Table of Contents Account Summary Holdings Equity Cash and Short Term Fixed Income Options Other Assets Portfolio Activity Online access www.jpmorganonline.com Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). Page 2 4 7 10 12 13 14 0000000222.15.0.15.RRRRR.MAXWE04.20120709 Page 1 of 28 EFTA01568903 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Account Summary Asset Allocation Equity Cash & Short Term Fixed Income Options Other Assets Market Value Accruals Market Value with Accruals Beginning Market Value 468,755.38 691,242.43 94,220.15 (528.00) 17,990.00 $1,271,679 96 5,221.84 $1,276,901.80 Ending Market Value 337,759.38 812,256.89 96,160.29 (168.00) 20,038.00 $1,266,046.56 3,277.54 $1,269,324.10 Current Portfolio Activity Beginning Market Value 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 Period Value 1,271,679.96 (672.72) 1,148,202.92 (1,144,060.36) $3,469.84 4,405.11 EFTA01568904 (13,508.35) $1,266,046.56 3,277.54 $1,269,324.10 Change In Value (130,996.00) 121,014.46 1,940.14 360.00 2,048.00 ($5,633.40) (1,944.30) ($7,577.70) Year-to-Date Value 1,903,840.37 (672.72) 1,148,202.92 (1,144,060.36) $3,469.84 2,834.15 (644,097.80) $1,266,046.56 3,277.54 $1,269,324.10 $28,326.74 Estimated 6,947.50 13,909.24 7,470.00 Current Annual Income Allocation 27% 63% 8% 2% 100% Equity Other Assets Fixed Income Cash & Short Term Asset Allocation Page 2 of 28 EFTA01568905 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Account Summary Tax Summary Domestic Dividends/Distributions Currency Gain/Loss Interest Income Taxable Income CONTINUED Current Period Value 270.00 (145.78) 4,280.89 $4,405.11 Year-to-Date Value 270.00 (1,716.74) 4,280.89 $2,834.15 Unrealized Gain/Loss To-Date Value ($58,061.15) ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 5,336.72 (20,986.45) ($15,649.73) Year-to-Date Value 1,570.96 (20,986.45) ($19,415.49) Cost Summary Equity Cost Cash & Short Term Fixed Income Options Other Assets Total 358,844.25 840,405.46 98,876.49 (221.99) 26,203.50 $1,324,107.71 EFTA01568906 Page 3 of 28 EFTA01568907 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Equity Summary Asset Categories US Large Cap US Mid Cap/Small Cap Non US Equity Emerging Markets Preferred Stocks Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Dividends Yield Beginning Market Value 227,219.00 38.48 170,067.90 13,280.00 58,150.00 $468,755.38 Ending Market Value 216,767.00 12.40 48,774.98 12,930.00 59,275.00 $337,759.38 Current Period Value 337,759.38 358,844.25 (21,084.87) 6,947.50 1,046.88 2.06% Preferred Stocks Change In Value (10,452.00) (26.08) (121,292.92) (350.00) 1,125.00 ($130,996.00) Current EFTA01568908 Allocation 16% 1% 4% 1% 5% 27% Asset Categories Equity Emerging Markets US Mid Cap/Small Cap US Large Cap Non US Equity Page 4 of 28 EFTA01568909 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Equity Detail Estimated Quantity US Large Cap AT&T INC GOOGLE INC CL A 38259P-50-8 GOOG PFIZER INC 717081-10-3 PFE PROSHARES ULTRASHORT S&P 500 Total US Large Cap 74347R-88-3 SDS 3,800.000 US Mid Cap/Small Cap VISTEON CORP DEFAULT 92839U-10-7 Non US Equity BP PLC ISIN GB0007980591 SEDOL 0798059 G12793-91-8 GBP $216,767.00 $245,504.40 ($28,737.40) $2,760.00 1.27% 1,000.000 37.70 37,702.00 44,809.50 (7,107.50) 1,500.000 14.26 21,390.00 26,460.00 (5,070.00) 1,080.00 5.05% 1,000.000 00206R-10-2 T 300.000 444.95 133,485.00 147,944.90 (14,459.90) 24.19 24,190.00 26,290.00 EFTA01568910 (2,100.00) 1,680.00 6.95% Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss Annual Income Accrued Dividends Yield 26.000 0.48 12.40 429.00 (416.60) 18.000 4.77 85.88 164.25 (78.37) Page 5 of 28 EFTA01568911 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Estimated Quantity Non US Equity GLAXOSMITHKLINE PLC ISIN GB0009252882/SEDOL 0925288 G39103-90-6 GBP SPDR GOLD TRUST Total Non US Equity 78463V-10-7 GLD 419.000 Emerging Markets CHANGYOU.COM LTD ADR 15911M-10-7 CYOU Preferred Stocks 3PM CHASE CAPITAL XXIX 6.7% PFD 48125E-20-7 3PM PC 2,500.000 23.71 59,275.00 62,500.00 (3,225.00) 4,187.50 1,046.88 7.06% $48,774.98 $33,672.85 $15,102.13 $0.00 0.00% 400.000 121.68 48,672.00 33,482.00 15,190.00 1.000 17.10 17.10 26.60 (9.50) Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss EFTA01568912 Annual Income Accrued Dividends Yield 500.000 25.86 12,930.00 16,738.00 (3,808.00) Page 6 of 28 EFTA01568913 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Cash & Short Term Summary Beginning Asset Categories Cash Short Term Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield SUMMARY BY MATURITY Short Term Less than 3 months 480,888.46 Market Value Market Value 208,931.67 482,310.76 $691,242.43 Ending Market Value 331,368.43 480,888.46 $812,256.89 Current Period Value 812,256.89 840,405.46 (28,148.57) 13,909.24 2,039.18 1.74% SUMMARY BY TYPE Short Term International Bonds Mutual Funds Total Value Market Value 480,887.46 1.00 $480,888.46 % of Bond Portfolio 99% EFTA01568914 1% 100% Cash Change In Value 122,436.76 (1,422.30) $121,014.46 Current Allocation 26% 37% 63% Asset Categories Cash & Short Term Short Term Page 7 of 28 EFTA01568915 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Note: 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. Cash & Short Term Detail Quantity Cash CANADIAN DOLLAR POUND STERLING US DOLLAR Total Cash Short Term JPM NY MUNI MM FD - MORGAN 7-Day Annualized Yield: .10% 4812A0-81-3 JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4000% DATED 06/24/2010 MATURITY 07/01/2010 HELD BY LONDON TREASURY SERVICES Bearer 60709E-9N-9 NOK 578,625.48 15.38 88,976.18 100,601.21 (11,625.03) 1,245.66 1.58% 1.00 1.00 1.00 1.00 0.10% 105,600.63 11.28 231,976.82 0.94 1.50 1.00 99,374.73 16.88 231,976.82 $331,368.43 100,000.60 17.66 231,976.82 $331,995.08 EFTA01568916 ($626.65) (625.87) (0.78) 115.98 7.16 $115.98 $7.16 0.05% 0.04% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield Page 8 of 28 EFTA01568917 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Quantity Short Term JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.7500% DATED 06/25/2010 MATURITY 07/02/2010 HELD BY LONDON TREASURY SERVICES Bearer 60709E-9T-6 AUD JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.4000% DATED 02/19/2010 MATURITY 08/19/2010 HELD BY LONDON TREASURY SERVICES Bearer 60707E-9X-9 AUD JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.8500% DATED 02/19/2010 MATURITY 08/19/2010 HELD BY LONDON TREASURY SERVICES Bearer 60707F-9G-3 NOK Total Short Term 1,544,461.06 $480,888.46 $508,410.38 ($27,521.92) $13,793.26 $2,032.02 2.92% 613,539.04 15.38 94,344.90 100,429.08 (6,084.18) 1,745.38 639.94 1.84% 120,593.58 84.46 101,859.35 101,363.31 496.04 3,463.21 1,269.77 3.36% 231,701.96 84.46 195,707.03 206,015.78 (10,308.75) EFTA01568918 7,339.01 122.31 3.82% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield Page 9 of 28 EFTA01568919 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Fixed Income Summary Asset Categories Non-US Fixed Income Beginning Market Value 94,220.15 Ending Market Value 96,160.29 Change In Value 1,940.14 Current Allocation 8% Asset Categories Fixed Income Current Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield SUMMARY BY MATURITY Fixed Income Less than 5 years, 1 Market Value 96,160.29 % of Bond Portfolio 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. Period Value 96,160.29 98,876.49 (2,716.20) 7,470.00 191.48 7.84% SUMMARY BY TYPE Fixed Income International Bonds EFTA01568920 Market Value 96,160.29 % of Bond Portfolio 100% Page 10 of 28 EFTA01568921 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Fixed Income Detail Quantity Non-US Fixed Income INTER AMERICAN DEVEL BANK - IDR 6.7% OCT 31 2011 DTD 10/30/2009 HELD BY EUROCLEAR ISIN:XS0459432679 SEDOL:928690B 458183-9K-8 NA /AAA IDR INTL BK RECON & DEVELOP - BRL 8 3/4% JUN 15 2012 DTD 08/20/2009 HELD BY EUROCLEAR ISIN:XS0446421157 SEDOL:B435Z93 459058-96-1 NA /AAA BRL Total Non-US Fixed Income 419,715,000.000 $96,160.29 $98,876.49 ($2,716.20) $7,470.00 $191.48 7.84% 90,000.000 54.81 49,330.14 50,106.74 (776.60) 4,368.93 191.48 9.44% 419,625,000.000 0.01 46,830.15 48,769.75 (1,939.60) 3,101.07 6.15% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest EFTA01568922 Yield Page 11 of 28 EFTA01568923 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Options Summary Asset Categories Equity Beginning Market Value (528.00) Ending Market Value (168.00) Change In Value 360.00 Current Allocation Current Market Value/Cost Market Value Premium Unrealized Gain/Loss Options Detail Quantity Equity SPDR GOLD TRUST CALL OPTION JUL 10 @ 125 Underlying Asset Price = $121.68 78463V-9A-Z GLD (2.000) 0.84 (168.00) (221.99) 53.99 Price Market Value Premium Unrealized Gain/Loss Period Value (168.00) (221.99) 53.99 Page 12 of 28 EFTA01568924 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Other Assets Summary Asset Categories Other Beginning Estimated Value 17,990.00 Ending Estimated Value 20,038.00 Change In Value 2,048.00 Current Allocation 2% Asset Categories Other Assets Current Market Value/Cost Estimated Value Tax Cost Estimated Gain/Loss Other Assets Detail Cost Quantity Other ULTRASHORT QQQ PROSHARES 74347R-87-5 QID 1,000.000 20.04 20,038.00 26,203.50 (6,165.50) Price Estimated Value Adjusted Original Estimated Gain/Loss Accruals Period Value 20,038.00 26,203.50 (6,165.50) Page 13 of 28 EFTA01568925 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Portfolio Activity Summary - U S Dollar Beginning Cash Balance PRINCIPAL Current Transactions Income INFLOWS 274.95 Foreign Exchange - Inflows Total Inflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 53,744.18 (669.98) $53,074.20 $231,976.82 * 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 - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 6/1 6/1 Div Domest Interest Income Description PFIZER INC @ 0.18 PER SHARE (ID: 717081-10-3) DEPOSIT SWEEP INTEREST FOR MAY @ .05% RATE ON NET AVG COLLECTED BALANCE OF $116,461.92 AS OF 06/01/10 Quantity Cost 1,500.000 Per Unit Amount 0.18 PRINCIPAL Amount 270.00 4.95 INCOME Amount 53,744.18 (669.98) EFTA01568926 $53,074.20 -$0.00 $0.00 $0.00 -70,131.22 $70,406.17 274.95 70,131.22 $70,406.17 $0.00 $0.00 Period Value 108,496.45 Year-To-Date Value* -INCOME Current Period Value 0.00 Year-To-Date Value* -Page 14 of 28 EFTA01568927 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 INFLOWS & OUTFLOWS Type Settle Date Selection Method 6/2 6/17 Spot FX Spot FX Total Inflows & Outflows TRADE ACTIVITY Note: Trade Date Settle Date Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL BRL EXCHANGE RATE 1.874800000 DEAL 02/05/10 VALUE 02/05/10 (ID: OBRLPR-AA-2) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL BRL EXCHANGE RATE 1.865839290 DEAL 06/15/10 VALUE 06/15/10 (ID: OBRLPR-AA-2) $70,406.17 (6,451.030) (3,603.22) 3,457.44 Quantity Cost Per Unit Amount (125,000.000) (66,673.78) PRINCIPAL Amount 66,673.78 INCOME Amount L indicates Long Term Realized Gain/Loss S indicates Short Term Realized Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Type Selection Method Description Settled Sales/Maturities/Redemptions 6/1 6/1 6/10 6/18 Redemption High Cost Sale High Cost EFTA01568928 TO REVERSE ENTRY OF 02/05/2010 KFW - BRL MEDIUM TERM NOTE 9 1/8% FEB 5 2010 DTD 10/05/2007 HELD BY EUROCLEAR ISIN:XS0323929546 SEDOL:B284W67 TO REDEMPTION AS OF 02/05/10 (ID: B11XZP-9B-7) CURRENCY SHARES EURO TRUST @ 120.47 120,470.00 BROKERAGE 50.00 TAX &/OR SEC 2.04 J.P. MORGAN SECURITIES INC. (ID: 23130C-10-8) Total Settled Sales/Maturities/Redemptions $53,744.18 ($69,393.91) ($20,986.45) L $5,336.72 S (1,000.000) 120.418 120,417.96 (141,404.41) (20,986.45) L Quantity 125,000.000 Per Unit Amount 53.30 Proceeds (66,673.78) Tax Cost 72,010.50 Realized Gain/Loss 5,336.72 S Page 15 of 28 EFTA01568929 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Trade Date Settle Date 5/4 Type Settled Securities Purchased Write Option 6/17 Description TO REVERSE ENTRY OF 05/05/2010 CURRENCYSHARES EURO TR CALL OPTION SEP 10 @ 140 COVERED CALL AS OF 05/05/10 (ID: 23130C-9A-C) Quantity 10.000 Per Unit Amount 66.998 Market Cost (669.98) * Page 16 of 28 EFTA01568930 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Portfolio Activity Summary - Australia Dollar 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 -578.34 $578.34 (578.34) ($578.34) -Year-To-Date Value* -578.34 $578.34 (578.34) ($578.34) -Local EFTA01568931 Value Current Period Value 0.00 676.81 676.81 (676.81) (676.81) 0.00 Year-To-Date Value* -676.81 676.81 (676.81) (676.81) -Page 17 of 28 EFTA01568932 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Portfolio Activity Detail - Australia Dollar INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/4 Foreign Interest Description JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.6500% DATED 05/28/2010 MATURITY 06/04/2010 HELD BY LONDON TREASURY SERVICES (ID: 60708U-9H-7) 6/4 6/4 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT AUSTRALIAN DOLLAR (ID: OAUDPR-AA-8) Free Delivery High Cost 6/4 Receipt of Assets JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.6500% DATED 05/28/2010 MATURITY 06/04/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708U-9H-7) JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/04/2010 MATURITY 06/11/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708W-9R-1) 6/11 Foreign Interest JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/04/2010 MATURITY 06/11/2010 HELD BY LONDON TREASURY SERVICES (ID: 60708W-9R-1) 6/11 6/11 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT AUSTRALIAN DOLLAR (ID: OAUDPR-AA-8) Free Delivery High Cost JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/04/2010 MATURITY 06/11/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708W-9R-1) (170.820) (231,189.110) (144.62) (170.82) 231,189.110 EFTA01568933 0.001 144.62 170.82 231,189.110 (163.960) (231,025.150) (138.37) (163.96) Quantity 231,025.150 Amount USD Local Value 0.001 PRINCIPAL Amount USD Local Value 138.37 163.96 INCOME Amount USD Local Value Currency Gain/Loss USD Page 18 of 28 EFTA01568934 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/11 Receipt of Assets Description JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/11/2010 MATURITY 06/18/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708Z-9E-3) 6/18 Foreign Interest JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/11/2010 MATURITY 06/18/2010 HELD BY LONDON TREASURY SERVICES (ID: 60708Z-9E-3) 6/18 6/18 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT AUSTRALIAN DOLLAR (ID: OAUDPR-AA-8) Free Delivery High Cost 6/18 Receipt of Assets JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/11/2010 MATURITY 06/18/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708Z-9E-3) JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/18/2010 MATURITY 06/25/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60709B-9T-2) 6/25 Foreign Interest JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/18/2010 MATURITY 06/25/2010 HELD BY LONDON TREASURY SERVICES (ID: 60709B-9T-2) 6/25 6/25 Misc Disbursement ROLLOVER TO TIME DEPOSIT AUSTRALIAN DOLLAR (ID: OAUDPR-AA-8) Receipt of Assets JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.7500% DATED 06/25/2010 MATURITY 07/02/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60709E-9T-6) (171.080) EFTA01568935 231,701.960 (147.88) (171.08) 231,530.880 0.001 147.88 171.08 231,530.880 (170.950) (231,359.930) (147.47) (170.95) 231,359.930 0.001 147.47 170.95 Quantity 231,359.930 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 19 of 28 EFTA01568936 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/25 Free Delivery High Cost Total Inflows & Outflows Description JP MORGAN CHASE BANK - AUD LONDON TIME DEPOSITS 3.8000% DATED 06/18/2010 MATURITY 06/25/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60709B-9T-2) $0.00 Quantity (231,530.880) Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 20 of 28 EFTA01568937 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Portfolio Activity Summary - Brazilian Real PRINCIPAL US Dollar Value Current Transactions Income INFLOWS Total Inflows OUTFLOWS ** Total Outflows Foreign Exchange - Outflows TRADE ACTIVITY Total Trade Activity Period Value Beginning Cash Balance -3,603.22 $3,603.22 (70,131.22) ($70,131.22) Settled Sales/Maturities/Redemptions 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 66,673.78 $66,673.78 -Year-To-Date Value* -3,603.22 $3,603.22 (70,131.22) ($70,131.22) 66,673.78 $66,673.78 -Local Value Current Period Value 0.00 6,451.03 6,451.03 (131,451.03) (131,451.03) 125,000.00 125,000.00 0.00 Year-To-Date Value* EFTA01568938 -6,451.03 6,451.03 (131,451.03) (131,451.03) 125,000.00 125,000.00 -Page 21 of 28 EFTA01568939 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Portfolio Activity Summary - Brazilian Real 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 - Brazilian Real INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/2 6/16 Spot FX Foreign Interest Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL BRL EXCHANGE RATE 1.874800000 DEAL 02/05/10 VALUE 02/05/10 (ID: OBRLPR-AA-2) INTL BK RECON & DEVELOP - BRL 8 3/4% JUN 15 2012 DTD 08/20/2009 HELD BY EUROCLEAR ISIN:XS0446421157 SEDOL:B435Z93 AS OF 06/15/10 (ID: 459058-9B-1) 6/17 Spot FX Total Inflows & Outflows SPOT CURRENCY TRANSACTION - SELL BUY USD SELL BRL EXCHANGE RATE 1.865839290 DEAL 06/15/10 VALUE 06/15/10 (ID: OBRLPR-AA-2) ($66,528.00) ($145.78) Page 22 of 28 3,457.440 (3,457.44) (6,451.03) (145.78) 90,000.000 0.04 0.072 3,603.22 6,451.03 Quantity 66,673.780 Amount USD Local Value EFTA01568940 PRINCIPAL Amount USD Local Value (66,673.78) (125,000.00) INCOME Amount USD Local Value Currency Gain/Loss USD Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 Year-To-Date Value* EFTA01568941 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 TRADE ACTIVITY - Brazilian Real Note: Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 2/5 6/2 Redemption High Cost KFW - BRL MEDIUM TERM NOTE 9 1/8% FEB 5 2010 DTD 10/05/2007 HELD BY EUROCLEAR ISIN:XS0323929546 SEDOL:B284W67 (ID: B11XZP-9B-7) Quantity (125,000.000) S indicates Short Term Realized Gain/Loss C indicates Currency Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Per Unit Amount USD Local Value 53.30 Proceeds USD Local Value 66,673.78 125,000.00 Tax Cost USD Realized Local Value Gain/Loss USD (72,010.50) (132,060.06) (3,765.76) S* (1,570.96) C Page 23 of 28 EFTA01568942 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 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 -94.38 $94.38 (94.38) ($94.38) -Year-To-Date Value* -94.38 $94.38 (94.38) ($94.38) -Local EFTA01568943 Value Current Period Value 0.00 612.77 612.77 (612.77) (612.77) 0.00 Year-To-Date Value* -612.77 612.77 (612.77) (612.77) -Page 24 of 28 EFTA01568944 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Portfolio Activity Detail - Norwegian Krone INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/3 Foreign Interest Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.2500% DATED 05/27/2010 MATURITY 06/03/2010 HELD BY LONDON TREASURY SERVICES (ID: 60708T-9M-9) 6/3 6/3 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 6/3 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.2500% DATED 05/27/2010 MATURITY 06/03/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708T-9M-9) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3000% DATED 06/03/2010 MATURITY 06/10/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708W-9N-0) 6/10 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.3000% DATED 06/03/2010 MATURITY 06/10/2010 HELD BY LONDON TREASURY SERVICES (ID: 60708W-9N-0) 6/10 6/10 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 1.3000% DATED 06/03/2010 MATURITY 06/10/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708W-9N-0) (146.140) (578,153.200) (22.26) (146.14) 578,153.200 EFTA01568945 22.26 146.14 578,153.200 (140.490) (578,012.710) (21.60) (140.49) Quantity 578,012.710 Amount USD Local Value PRINCIPAL Amount USD Local Value 21.60 140.49 INCOME Amount USD Local Value Currency Gain/Loss USD Page 25 of 28 EFTA01568946 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/10 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 06/10/2010 MATURITY 06/17/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708Z-9B-9) 6/17 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 06/10/2010 MATURITY 06/17/2010 HELD BY LONDON TREASURY SERVICES FTD (ID: 60708Z-9B-9) 6/17 6/17 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Free Delivery High Cost 6/17 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 06/10/2010 MATURITY 06/17/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60708Z-9B-9) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 06/17/2010 MATURITY 06/24/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60709B-9Q-8) 6/24 Foreign Interest JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4500% DATED 06/17/2010 MATURITY 06/24/2010 HELD BY LONDON TREASURY SERVICES (ID: 60709B-9Q-8) 6/24 6/24 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 06/17/2010 MATURITY 06/24/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60709B-9Q-8) EFTA01568947 (163.090) (578,462.390) (25.06) (163.09) 578,462.390 25.06 163.09 578,462.390 (163.050) (578,299.340) (25.46) (163.05) 578,299.340 25.46 163.05 Quantity 578,299.340 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 26 of 28 EFTA01568948 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/24 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1.4000% DATED 06/24/2010 MATURITY 07/01/2010 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 60709E-9N-9) Total Inflows & Outflows $0.00 Quantity 578,625.480 Amount USD Local Value PRINCIPAL Amount USD Local Value INCOME Amount USD Local Value Currency Gain/Loss USD Page 27 of 28 EFTA01568949 GHISLAINE MAXWELL ACCT. For the Period 6/1/10 to 6/30/10 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Trade Related BRAZILIAN REAL U S DOLLAR BRAZILIAN REAL U S DOLLAR Feb. 5 10 Jun. 2 10 Jun. 15 10 Jun. 17 10 BRL USD BRL USD (125,000.00) 66,673.78 (6,451.03) 3,457.44 1.874800 1.865839 1.874800 1.790351 66,673.78 3,457.44 (66,673.78) (3,603.22) (145.78) Amount Counter Amount Contract Rate Revaluation Rate Contracted Base Amount USD Revalued Amount USD Currency G/L Page 28 of 28 EFTA01568950 For the Period 6/1/10 to 6/30/10 For your convenience we have combined statement(s) for activity you conduct through J.P. Morgan in one package. Below are important disclosures relating to these different accounts. These statements may relate to various account types. Some of the disclosures are applicable to all of your accounts. For ease of reference the disclosures applicable to a particular type of account have been grouped together by descriptive headers. IMPORTANT GENERAL INFORMATION APPLICABLE TO ALL OF YOUR ACCOUNT(S) Important Information about Pricing ,Valuations, Estimated Annual Income, and Estimated Yield 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 that J.P. Morgan believes to be reliable, is not guaranteed for accuracy but provided for informational purposes and is furnished for the exclusive use of the client. 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. 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. When J.P. Morgan is unable to obtain a price from an internal or outside source for a particular ARS, the price column on your statement will indicate "unpriced". Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are sourced from the various issuers of the securities or they are sourced from a third party valuation provider. 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. 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 asset may have been provided to us by third EFTA01568951 parties who may or 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. In cases where we are unable to obtain a current market value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". Although such securities may have value, please note that the value of a security indicated as "unpriced" will not be included in your overall current market value as reflected on the statement. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents the actual terms at which 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. When we are unable to obtain a current value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". 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. 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. Offshore Deposits - London and Nassau Disclosures Page 1 of 5 EFTA01568952 For the Period 6/1/10 to 6/30/10 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). Bank products and services are offered through JPMorgan Chase Bank, N.A. ("JPMCB") and its banking affiliates. Securities are offered by J.P.Morgan Securities LLC ("JPMS") and, to the extent noted below, cleared through J.P. Morgan Clearing Corp. ("JPMCC"). Neither JPMS, nor JPMCC is a bank and are each separate legal entities from its bank or thrift affiliates. Investment Products: Not FDIC Insured -No Bank Guarantee -May Lose Value Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request. 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. Please take the steps indicated below if you think statement(s) are incorrect or contact your J.P.Morgan team if you require additional information about a transaction on your statement(s). IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR ASSET ACCOUNT(S) (LINKED TO JPMS) Your Asset Account consists of a bank account that custodies assets linked to a brokerage account through which securities transactions are executed. As a result, the Asset Account statement(s) reflect brokerage transactions executed through JPMS but (except for exchange listed options) held in custody at JPMCB. Securities purchased or sold through JPMS in U.S. markets (other then mutual funds) are cleared through an affiliate of JPMS, in non-U.S. markets securities are cleared through JPMS. Positions in exchange-listed options are held by JPMCC. 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). In Case of Other Errors or Questions About Your Asset Account Statement(s) Please review your statement(s) and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, unaccounted cash positions, EFTA01568953 improper payments or transfers in writing to both the introducing broker, JPMS and the clearing firm, JPMCC at the addresses shown on your statement(s). 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 activity and account balance(s) are correct. 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 JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $250,000 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 In Case of Errors or Questions About Your Electronic Transfers. Disclosures Page 2 of 5 EFTA01568954 For the Period 6/1/10 to 6/30/10 Contact your J.P. Morgan Team at one of the telephone numbers on the front of your statements or write us at J.P. Morgan, 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 JPMCB Member FDIC. 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. With reference to JPMS and JPMCC: 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 request. 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 or have made available to you. Upon written request, JPMS will promptly supply you with the latest information. PRODUCT RELATED DISCLOSURE: IMPORTANT INFORMATION ABOUT ALTERNATIVE INVESTMENTS: FOOTNOTES 1 - 4 Private Equity, Hedge Funds, Exchange Funds, Real Estate and Other Alternative Assets EFTA01568955 I. 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. Values do not represent 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 could be liquidated as of the date of this statement. Direct private equity investments are generally valued at cost, unless there is an active secondary trading market in the securities, in which case, direct private equity investments are valued using market prices as of the close of the last business day for this statement period Pooled private equity investments are valued according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, limited liability company agreement or other operative documentation for each investment for the specific valuation methodology used by the General Partner or Manager for that investment or for your Investment Management or Trust account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the information and the methodology used by the General Partner or Manager in deriving valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Disclosures Page 3 of 5 EFTA01568956 For the Period 6/1/10 to 6/30/10 Hedge funds generally calculate the price (the "Net Asset Value" or " NAV"), 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the month preceding this statement period. In general, the NAV is stated net of management and incentive fees. The NAV is calculated according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, limited liability company agreement or other operative documentation for each hedge fund for the specific methodology used by the General Partner or Manager for that hedge fund or for your Investment Management or Trust account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the information and the methodology used by the General Partner or Manager in deriving valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. These statements do not provide tax reporting on private investments. Please continue to rely upon the General Partner or Manager of the investment vehicle for this information or for your Investment Management or Trust account contact your J.P. Morgan team. 2. The 'Capital Called Since Inception USD' and 'Cash/Security distributions Since Inception USD' columns are updated monthly to reflect activity (capital calls and distributions), if any. 3. Hedge funds generally allow subscriptions on a monthly or quarterly basis. An interest in a hedge fund or hedge fund of funds is generally as of the first business day of the subscription period. Due to early funding requirements by the applicable fund, your account may be debited for the subscription amount prior to the subscription date. Please refer to the applicable hedge fund's operative documentation for further details or for your Investment Management or Trust account contact your J.P. Morgan team. Hedge fund redemptions are generally on a monthly, quarterly or annual basis but can sometimes be subject to a multi-year lockup before a redemption is permitted. For redemptions, there is generally a notification period that can be a long interval before the actual redemption date. Redemption proceeds are generally paid 15 calendar days after the final NAV is issued, but can be subject to a holdback of a portion of the proceeds until an annual audit of the Fund has been completed. Please refer to the applicable hedge fund's operative documentation for further details or for your Investment Management or Trust account contact your J.P. Morgan team. Global Access Portfolios share certain characteristics with hedge funds. In particular, an investor who withdraws from a Global Access Portfolio will not receive the withdrawal proceeds in their entirety until 30-60 days after completion of the Portfolio's audit, which may be 18 months or longer after the redemption date. Interest might not be paid on any proceeds pending distribution. These restrictions apply even if the investor's account at JPMorgan is closed. The Confidential Private Placement Memorandum and applicable Supplements contain other EFTA01568957 important information about the Global Access Portfolios and are available upon request or for your Investment Management or Trust account contact your J.P. Morgan team. 4. Alternative assets may include publicly available mutual funds that utilize non-traditional investment management strategies, for example, strategies commonly employed by hedge funds. Mutual funds generally calculate the price (the "Net Asset Value" or "NAV") on a daily basis and mutual fund NAVs shown on your statement generally will be the NAV as of the close of the last business day for this statement period. Please refer to the applicable mutual fund prospectus for further details. If the applicable mutual fund is a JPMorgan Fund, please refer to disclosures on this statement concerning JPMorgan Funds for other important information. PRODUCT RELATED DISCLOSURE: THE JPMORGAN FUNDS OR THIRD PARTIES Shares of the funds referenced above 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. Prospectuses and other fund information for JPMorgan funds may be obtained b callin our J.P. Morgan team or JPMorgan Distribution Services, Inc. at . You also may view and order materials online for JPMorgan funds at www.jpmorganfunds.com. J.P. Morgan affiliates may receive compensation from the JPMorgan funds for providing investment advisory services to the funds. J.P. Morgan affiliates may also provide administrative, custodial, sales, distribution, shareholder or other services to the JPMorgan Funds or funds established, sponsored, advised, or managed by third parties, and J.P. Morgan affiliates may be compensated for such services as allowed by applicable law. The distributor of the JPMorgan Funds is JPMorgan Distribution Services, Inc., which is an affiliate of 3PMCB. Disclosures Page 4 of 5 EFTA01568958 For the Period 6/1/10 to 6/30/10 Assets may be reflected herein even though they may be held by a third party unaffiliated with J.P. Morgan. In such cases, unless J.P. Morgan otherwise agrees, J.P. Morgan has no responsibility for the verification, valuation, safekeeping or management of those assets. Disclosures Page 5 of 5