EFTA01507437.pdf

07 12004 J.P. Morgan Securities Inc. 270 Park Avenue. New York. NY 10017 JPMorgan Private Bank Account Number: Margin Account Portfolio Page 65 of 65 FINANCIAL TRUST COMPANY INC July 01, 2004 - July 31, 2004 IMPORTANT INFORMATION ABOUT YOUR JPIASIMARGIN ACCOUNT II there are any arab or OmfeelOna On This stalemw, OfIf you heve any gunboat about 14 plane COOMer your SAM Actount Representenve or JPMSI Compliance Depatinftnt at (20 483.2323. Please keep the fallowing n mad when usag this statement to ha yea JAMS: brokerage acts* This statement cornbbes psur general neon &scant nsth the spec& memorandum account required by Seaton 220 6 Regukabn T As required by Regubbon T. a permanent record abbe separate account is ereakiabie upon par request. Infoortam &formation about Pricing and Vatuellang Popes some of *Nth seprovided by aging sawn a other swab *hal no deem 'east* se not guitanfeed *cosy or as regazfigke mass Free credit ostances in yOur account are not segregate/and may be used in the operation of JAMS,' &flows suateCf to The knklations Of SEC Rule 1503-3 (Mins otherwise instructed. JAI& arts agents and depottnes war nokl yon aecuribes Upon yew demand. AM& wsllpay to you the amount of me free Peal babooe and w.Itlekpf to you foonad mambas heal On you behat Intents's!! be staged on any debit balance the mead Of°obviating intent s desonbed ma *rev sent to all maw guaranties Upon soften wfluest JPMS1 wig supply )W withal most recant statement required to be ranched to Customers under SEC Rob 170-5fc) Na petal eelis made wen respect so an Issue of socuRes included in yea' Mager Account we welaWicaks red cab by a method we doom fbr andnotable You snood has.mowed separate JPMSI trade conternabons each 'aconites transaction AO garksactions aro subject tithe berms ed commons sad on we rovers. side dam" conamateins and se subsea some constbaon by-laws ass tons and rbeeprotatbns ol the rnwkoosisco n /Ito executed and governed by one construed a accordance wan the laws of the stabs ce New Yak and fiN app cable Waal dens and tegulabons Youmat promptly *drag JAMS! a men/ changes in slur mantmont °twat/Jos a Mama/ *Nation Unless you inform JPMSI othorwae JPMSI wa consider mo intarnabcoconontly in is Abs to no cornisbto and accurate JAMS! As mused by law torent to the InternalRevenue Sows as divaends ardbe interest income on bonds .edited to your account Sting calendar yaw Please Wan earn statemenb to ass 0! you in 'meowing your acme tan means A /bonaaI statement of SUSI u erialabb fcr yoke personal inspect:A at its alkyl of a copy of it wiS be matted upon )our waren request. JAMS/ a notebook and is a separate legal °nay from as bank a Salt affikeeee inciuthng JPMCS The sonata sad *Ind a recommended by JPMSI Are not ma ed by the Federal Deposit Insurance Caporabon a any ocher goveirmentslagency 0 Are not deposits or alb.' obagatons d JPMS3 Dan* or Wet affAates (unless Otherwise taderobd) and are not gowanksed by or the responsantrly deny such offaskiNaunless malcely staled OthOIVOiSO) and (3) knave investment risks mobbing poSSide lees a the patios,invested JPMSI banking affable, may be lenders to issuers of sect:boo that JPMSI underwrges in which case proceeds of alarms* underwritten by JAMS, may be viedla the repayment *such bans and you shouki reef to the clvabsise documents raisting to particular wages fa discussion of any such kmang renslonships The FederalReserve recurin that JPMSI(*NM yaw Consent began t can CiOten Certain mamenan nand, bank a Wit efOates. incbding mew credit eveniation Ora We resT assume that pow contemn° to transact b(18.003.1 men JPMSI GRAMMA. your 00nNMI to Me shying of such Infeenebon by JPMSI and its bank a tan affnAbe *Me e.keg peemdft4 by It. JP4Inan Posse Bank co use markong name ter the pinta banking Dueness conducted by JP Morgan Chan 6 CO through as subsidiaries walainele WARM 'PUCE end JAWS' Confidential Treatment Requested by JPMorgan JPM-SDNY-00032481 Chase CONFIDENTIAL SDNY_GM_00301679 EFTA01507437