EFTA01524298.pdf

April 01,2006 - Gillslaine Maxwell April 28,2006 JPMorgan 0 Primary Account Number Private Bank Page 3 of 4 Important Information about Your Statement Accounts are subject to the tienaal Tams For Accounts and Services and applicable appendices and account agnxtiont: Your accounts. unless otherwise indic.atedon the statement. are held by JPMorgart Chase Bank NA. (the 'Bank"). Deposit recounts held at the Bank, including checking, savings, CD, and MOik, market accounts, are FDIC insunxl. In Case of Erron or Questions About Your Electronic Funds Transfer, (personal accounts onk) Telephone or write to the Bank if you think your statement or ream is wrong. or if you need more unormatton about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this statement. The address for inquiries appears below. We must hear front you no later than 60 days after we sent you the FIRST iatement on which the error or problem appeared. • Tell us your name and account numbs. Please direct all inquiries to your Morgan Account Officer at • Describe the =UM or the transfer you are unswe about. JPMorgan Private Bank Chan Service and explain as clearly as you can why you believe it is an 500 Stanton Christiana Road, I/OPS3 error or why you need more information Newark. DE 19713-210T • 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 bwinew days to do this (20 businew days for transactions outside the U.S and point-of-sale transactions), we will recrelit your account for the amount you think is in awn so that you will have use of the money during the lime it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you foci an error has akin place or have questions concerning a non-electronic transaction, telephone or write us within 30 days. The phone number is printed on the front of this statement. The address appears above. If no report is received within this period. your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not hank deposits and arc not FDIC insured nor arc they obligations of or guaranteed by JPMorgan Chase Bank, N.A. or its affiliates or any federal or state government or government agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks. including the possible loss of the principal amount invested. 'Ilw distributor of the JPMorgan Funds is JPMorgan Distribution Sersices, Inc.. which is an affiliate of JPMorgan Chase Bank, N.A.. JPMorgan Chase Bank, N.A., and its affiliates receive compatration from -Tailors= Funds for providing services. Read the JPMorgan Funds prospectuses carefully for details. including fees and exposes, before investing or tending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund, Inc and JPMorgan Select Shams of the New Jersey Daily Municipal Income Fund. Inc. are not part of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P., which arc unaffiliated with JPidorgan, arc the funds distributors and investment advisor, respectively. Reich Et Tang Distributors Inc. is a member NASD. IRA Accounts Accounts where the Bank serves as trustee or as discretionary Myra-man manager for an ERISA plan or an IRA that hold Fiduciary Shares (as described below) do not tear am portion of investment, administrative, custodian or other charges paid to the Bank or its affiliates for so-vices to the applicable JPMorgan Funds since these charges are subject to rebate as defined below. For accounts where the Bank saves as trustee, or diaretionary investment manager for an ERISA plan or an IRA, which hold shares in the JPMorvni Funds other than Fiduciary Share:, the Bank receives fees for services from the JPMorgan Funds but waives account fees with respect to the funds so held. Fiduciary Shares are shares in the Select Shares class of JPMorgan Tax Aware Large Cup Value Fund, JPMorgan US Equity Fund, JPMorgan Tax Aware US Equity Fund, JPMorgan Fax Aware Large Cap Growth Fund, JPidorgan Mid Cap Equity Fund, 'Morgan Thin Small Cap Equity Fund, 'Morgan Fleming Intonational Equity Fund. JPMorgan Short Tam Bond Fund II. JPMorgan Bond Fund IL JPMorgan Tax Aware Enhanced Income Fund. Morgan 'Fax Aware ShorbIntenneliate Income Fund, JPMorgan Intermediate Tax-Erce Income Fund, JPNIorgim Tax-Free Income Fund, JPMorgan California Bond Fund. JPMotgan NY Intermediate Tax Free Income Fled and JPMorgan NJ Tax lira Income Fund held in the Bank's trust accounts or in the Bank's investment managamntt accounts for ERISA plans or IRAs. "Rebate means an amount retuned by the Bank to the account which holds the Fiduciary Shares. llte rebate amount represents thc portion of servicing fas paid to the Bank by the mutual fund with respect to Fiduciary Shams. Confidential Treatment Requested by JPM-SDNY-00052093 JPMorgan Chase CONFIDENTIAL SDNY_GM_00321291 EFTA01524298