EFTA01485983.pdf

JPMorgan Chase Bank, N.A. JEFFREY EPSTEIN ACCT 270 Park Avenue, New York, NY 10017-2014 For the Period 9/1/12 to 9/30/12 Asset Account J.P. Morgan Team Table of Contents Page Client News Paul Morris Banker Account Summary 2 Please note that a change will be made to how interest is Janet Young Client Service Team Holdings calculated on uninvested cash balances and new cash Gina Magliocco Client Service Team Cash & Fked Income 4 deposits in your Asset Account if they are transferred automatically to the Deposit Sweep that is described in Portfolio Activity 6 the Asset Account Agreement. Effective on or about Online access wwwomorganonlane.com November 16th. the Deposit Sweep interest calculation will be based on the daily balance method, as described below. Please see disclosures located at the end of this statement package for important Information relating to each J.P.Morgan account(s). The Combined Terms and Conolbons have been modified to reflect this change. Unless otherwise indicated below, all other terms and conditions of the various account agreements still apply. Please contact your J.P. Morgan team if you have questions about this change. The Second Paragraph of Section 1 of the Asset Account Agreement shall be replaced as follows: Interest will be compounded, calculated daily using the daily balance method, and credited to your Account on the first day of the month. The daily balance method applies the daily periodic rate to the principal in the account each day. Interest will begin to accrue on the first business day that funds are swept into the Account. Interest is computed on a 365-day basis. We pay interest only in whole cents. Therefore, at the end of each interest payment period, any fractional amount of interest less then half of one cent will be rounded down and any fractional amount of interest equal to half of one cent or more will be rounded up to the next whole cent. J.P.Morgan 00X015891 150150X°, EPSTE2I 2,121002 Page 1 of 6 Confidential Treatment Requested by JPMorgan JPN1-SDNY-00007431 Chase CONFIDENTIAL SDNY_GM_00276629 EFTA01485983