EFTA01507864.pdf

11 2004 JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 A llPfVlorgan Private Bank Account Number Asset Account Portfolio `ace of FINANCIAL TRUST COMPANY INC November 01, 2004 - November 30, 20O4 Independent, third party research selected by an Independent Consultant for certain companies covered by JPMorgan Securities, Inc. is available to clients of JPMSI at no cost. Clients can access this research at Equities www.privateclientjpmorgan.com or can call their JPMorgan representative at their toll free number to request that a copy of this research be sent to them. When JPMorgan drops coverage of a company, independent research will continue to be provided for an 18-month period, when available. Refer to Equity Research Ratings section for research ratings on client holdings, if applicable. Note: C inicates Equity covered by JPMSI. Equity Holdings in Alphabetical Order Current Mateo Estimated Demotion Durremyi Unit Current Mange Tax Cost Value USD Untesezed anal Onadend CusisySymao: AccountTow <omy Con Price USD ACCILIOCI Dividends USD Gainloss USD Income USD Yield% C TOO INC USD 765,678 2540 19,448.221 20 N/A N/A 890333-10-7 TOO 765,678 are Ilene() Total Equity 765,678 19,448,221.20 0.00 0.0 Confidential Treatment Requested by JPMorgan JPM-SDNY-00032953 Chase CONFIDENTIAL SDNY_GM_00302151 EFTA01507864