EFTA01570999.pdf

GHISLAINE MAXWELL EFTA01570999 EFTA01571000 JPMorgan Chase Bank, N.A. GHISLAINE MAXWELL (Reviewed) For the Period 11/1/12 to 11/30/12 Asset Account J.P. Morgan Team Kirsten Sichler Jason Bell Janet Young Gina Magliocco Banker Investment Specialist Client Service Team Client Service Team able of ontents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income 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 5 8 9 R 15 17 0000000011.00.0.9E.00001.MAXWE04.20121211 Page 1 of 32 EFTA01571001 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Other Market Value Accruals Market Value with Accruals Beginning Market Value 725,752.95 82,482.42 7,363,104.02 159,882.30 $8,331,221.69 17,581.99 $8,348,803.68 Ending Market Value 721,372.74 82,058.81 7,376,868.86 160,055.98 $8,340,356.39 16,376.70 $8,356,733.09 Current Portfolio Activity Beginning Market Value Contributions 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 (194.11) 1,327,462.29 (1,327,268.17) $0.01 6,708.68 2,426.01 $8,340,356.39 16,376.70 $8,356,733.09 EFTA01571002 Period Value 8,331,221.69 Change In Value (4,380.21) (423.61) 13,764.84 173.68 $9,134.70 (1,205.29) $7,929.41 Year-to-Date Value 4,926,904.29 4,972,947.20 (2,081,359.85) 15,594,812.53 (16,082,536.46) $2,403,863.42 97,255.56 912,333.12 $8,340,356.39 16,376.70 $8,356,733.09 Estimated 45,693.48 45,157.51 $90,850.99 Current Annual Income Allocation 11% 1% 86% 2% 100% Equity Cash & Fixed Income Other Alternative Assets Asset Allocation Page 2 of 32 EFTA01571003 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Account Summary Tax Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Taxable Income Tax-Exempt Income Bond Premium Amortization Tax-Exempt Income CONTINUED Current Period Value 19.73 1,826.38 4,862.57 $6,708.68 Year-to-Date Value 14,749.33 14,603.85 (15,363.25) 76,229.46 $90,219.39 10,000.00 (2,963.83) $7,036.17 Unrealized Gain/Loss To-Date Value ($54,125.29) ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value Year-to-Date Value (45,626.77) (82,656.00) ($128,282.77) Note: * This summary is for informational purposes only and is not to be used for any financial or tax purposes. This summary does not include securities which are taxable at the federal level but are state exempt. This summary may not include all income derived from Municipal Securities; Please consult your tax advisor for tax implications. 1 Other category combines all the remaining Tax Exempt Income generated by securities in the account which may not have a state affiliation. Tax-Exempt Income EFTA01571004 Summary by State* MA MI Current Period Value Year-to-Date Value 1,824.06 1,606.61 Tax-Exempt Income Summary by State* TX Tax-Exempt Income Current Period Value Year-to-Date Value 3,605.50 $7,036.17 Page 3 of 32 EFTA01571005 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Account Summary Cost Summary Equity Cash & Fixed Income Other Total CONTINUED Cost 764,967.39 7,398,136.65 90,364.18 $8,253,468.22 Page 4 of 32 EFTA01571006 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Equity Summary Asset Categories US Large Cap Equity US Small/Mid Cap Equity Non-US Equity Preferred Stocks Concentrated & Other Equity Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Dividends Yield Equity Detail Price US Large Cap Equity APACHE CORP 037411-10-5 APA Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Beginning Market Value 58,158.40 3,990.00 150.05 449,211.00 214,243.50 $725,752.95 Ending Market Value 56,855.01 4,230.00 148.73 450,196.00 209,943.00 $721,372.74 Current Period Value 721,372.74 764,967.39 EFTA01571007 (43,594.65) 45,693.48 1,645.13 6.31% US Large Cap Equity Concentrated & Other Equity Equity as a percentage of your portfolio - 11 % Change In Value (1,303.39) 240.00 (1.32) 985.00 (4,300.50) ($4,380.21) Current Allocation 1% 1% 1% 5% 3% 11% US Small/Mid Cap Equity Preferred Stocks Non-US Equity Asset Categories 77.09 95.000 7,323.55 11,403.30 (4,079.75) 64.60 0.88% Page 5 of 32 EFTA01571008 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price US Large Cap Equity BANK OF AMERICA CORP CITIGROUP INC NEW 060505-10-4 BAC 34.57 172967-42-4 C PROSHARES ULTRASHORT S&P500 NEW PROSHARES TRUST SCHLUMBERGER LTD Total US Large Cap Equity 74347B-30-0 SDS 29.51 74347X-23-7 QID 71.62 806857-10-8 SLB $56,855.01 $116,137.71 ($59,282.70) 113.000 8,093.06 9,524.04 (1,430.98) 124.30 31.08 $240.98 $31.08 US Small/Mid Cap Equity GERON CORP 374163-10-3 GERN Non-US Equity RIO TINTO PLC ISIN GB0007188757 SEDOL 0718875 766994-90-9 GBP 1.54% 0.43% 200.000 5,902.00 26,203.50 (20,301.50) 55.41 250.000 13,852.50 44,809.50 (30,957.00) 358.000 12,376.06 14,048.52 (1,672.46) EFTA01571009 14.32 0.12% 9.86 944.000 9,307.84 10,148.85 (841.01) 37.76 0.41% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 1.41 3,000.000 4,230.00 18,129.32 (13,899.32) 49.58 3.000 148.73 212.23 (63.50) Page 6 of 32 EFTA01571010 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price Preferred Stocks CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 COUNTRYWIDE CAPITAL V 7% PFD 222388-20-9 CFC PB 3PM CHASE CAPITAL XXIX 6.7% PFD 48125E-20-7 3PM PC Total Preferred Stocks 25.86 2,500.000 64,650.00 $450,196.00 62,500.00 $422,578.96 2,150.00 $27,617.04 4,187.50 $31,227.50 6.48% 6.93% 25.13 4,200.000 105,546.00 98,778.96 6,767.04 7,350.00 6.96% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 28.00 10,000.000 280,000.00 261,300.00 18,700.00 19,690.00 7.03% Concentrated & Other Equity GENERAL MOTORS CO EFTA01571011 40.47 CV PFD B 37045V-20-9 GM PB JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 46625H-HA-1 BBB /BA1 Total Concentrated & Other Equity $209,943.00 $207,909.17 $2,033.83 $14,225.00 $1,614.05 6.72% 112.98 150,000.000 169,473.00 157,909.17 11,563.83 11,850.00 1,020.30 6.92% 1,000.000 40,470.00 50,000.00 (9,530.00) 2,375.00 593.75 5.87% Page 7 of 32 EFTA01571012 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value 82,482.42 Alternative Assets Detail Price Hard Assets ETFS METAL SECURITIES LTD ISIN JEO0B1VS3770 SEDOL BlVS377 131994-91-5 SPDR GOLD TRUST Total Hard Assets 78463V-10-7 GLD $82,058.81 $76,999.78 166.05 190.000 31,549.50 31,931.40 167.81 301.000 50,509.31 45,068.38 Quantity Estimated Value Cost Ending Estimated Value 82,058.81 Change In Value (423.61) Current Allocation 1% Page 8 of 32 EFTA01571013 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Cash & Fixed Income Summary Beginning Asset Categories Cash Non-USD Cash Non-USD Short Term US Fixed Income Non-US Fixed Income Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Market Value 5,855,471.25 17,878.83 445,969.02 633,126.82 410,658.10 $7,363,104.02 Ending Market Value 5,860,159.44 354,131.99 114,874.44 633,732.98 413,970.01 $7,376,868.86 Current Period Value 7,376,868.86 7,398,136.65 (21,267.79) 45,157.51 14,731.57 0.56% Change In Value 4,688.19 336,253.16 (331,094.58) 606.16 3,311.91 $13,764.84 Current Allocation EFTA01571014 68% 4% 1% 8% 5% 86% Non-USD Short Term Non-US Fixed Income Non-USD Cash Cash US Fixed Income Asset Categories Cash & Fixed Income as a percentage of your portfolio - 86 % Page 9 of 32 EFTA01571015 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 6-12 months, 1-5 years' 10+ years' Total Value 1 SUMMARY BY TYPE Market Value 6,474,069.26 114,874.44 559,658.66 228,266.50 $7,376,868.86 % of Bond Portfolio 89% 1% 7% 3% 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. Note: R indicates position reviewed. 1 Cash & Fixed Income Cash NON USD Cash Corporate Bonds Municipal Bonds International Bonds Mutual Funds Total Value Market Value 5,860,159.44 354,131.99 305,132.50 228,266.50 607,397.32 21,781.11 $7,376,868.86 A - Bonds purchased at a premium show amortization. This is the Annual Percentage Yield (APY) which is the rate earned if EFTA01571016 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 & Fixed Income Detail Price Cash US DOLLAR 3PM NY MUNI MM FD - MORGAN Total Cash FUND 3 $5,860,159.44 $5,860,159.44 $0.00 $586.01 $47.40 0.01% 1.00 1.00 5,860,158.44 1.00 5,860,158.44 1.00 5,860,158.44 1.00 586.01 47.40 0.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield % of Bond Portfolio 80% 4% 4% 3% 8% 1% 100% Page 10 of 32 EFTA01571017 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price Non-USD Cash AUSTRALIAN DOLLAR POUND STERLING HONG KONG DOLLAR TURKISH LIRA NEW PRINCIPAL CURRENCY JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/27/2012 MATURITY 12/04/2012 HELD BY LONDON TREASURY SERVICES JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/28/2012 MATURITY 12/05/2012 HELD BY LONDON TREASURY SERVICES Total Non-USD Cash $354,131.99 $341,133.26 $12,998.73 $2,516.30 $25.95 Non-USD Short Term KFW - TRY MTN 9 3/4% JUL 16 2013 DTD 02/10/2010 HELD BY EUROCLEAR ISIN XS0484842470 SEDOL B637YV8 14085A-9A-6 AAA /AAA TRY 0.75% 100.67 115,667.40 116,441.74 113,274.87 3,166.87 663.71 5.47 0.58% 17.66 1,234,361.40 217,952.19 208,315.81 9,636.38 1,852.59 20.48 0.91% 1.04 1.60 0.13 0.56 EFTA01571018 100.00 5,361.50 950.00 19,500.00 104.32 8,592.60 122.58 10,918.56 103.25 8,552.92 122.44 10,763.97 1.07 39.68 0.14 154.59 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 57.44 200,000.00 114,874.44 135,555.56 (20,681.12) 10,918.55 4,128.11 5.36% Page 11 of 32 EFTA01571019 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price US Fixed Income 3PM MANAGED RESERVES C (DIST) - GBP (HEDGED) 051398-91-5 GBP ISHARES MARKIT IBOXX CORPORATE BOND ISIN IE00B00FV011 SEDOL BOOFV01 461278-91-3 GBP HSBC FINANCE CORP MEDIUM TERM NOTE 2.9% OCT 15 2015 DTD 10/15/2010 40429X-YB-6 A /BAA GENERAL ELEC CAP CORP MEDIUM TERM FLOATING RATE NOTE MAY 11 2016 DTD 05/11/2007 36962G-2V-5 AA+ /A1 BANK OF AMERICA CORP MEDIUM TERM NOTE 3.6% NOV 15 2016 DTD 11/04/2010 06050W-DW-2 A- /BAA A MI ST MUNI BOND AUTH ST CLEAN WTR REVOLVING FD 5% OCT 01 2026 DTD 11/02/2006 HELD BY DTC BOOK ENTRY ONLY PAR CALL 10/01/2016 @ 100 59455T-PF-3 AAA /AAA 115.30 50,000.00 57,650.50 54,353.26 55,424.00 3,297.24 2,500.00 416.65 3.59% 102.94 150,000.00 154,408.50 150,000.00 4,408.50 5,400.00 240.00 2.81% 98.13 50,000.00 49,066.00 45,394.50 EFTA01571020 3,671.50 333.42 18.50 1.22% 207.44 101.66 105.00 100,000.00 21,781.11 101,658.00 19,023.08 100,000.00 2,758.03 183.24 1,658.00 2,900.00 370.50 2.30% 10,272.38 7.65 78,552.87 80,157.26 (1,604.39) Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Page 12 of 32 EFTA01571021 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price US Fixed Income A BIRDVILLE TEXAS INDEPENDENT SCHOOL DIST PERM SCH GTD FUND UNLIMITED TAX 5% FEB 15 2029 DTD 01/15/2007 HELD BY DTC BOOK ENTRY ONLY PAR CALL 02/15/2017 @ 100 090874-FV-5 AAA /AAA A MA ST HLTH & EDUCTNL FACS AUTH REVENUE HARVARD UNIV 5% B JUL 15 2032 DTD 08/03/2005 HELD BY DTC BOOK ENTRY ONLY PAR CALL 07/15/2015 @ 100 57586C-FW-0 AAA /AAA Total US Fixed Income $633,732.98 $610,438.79 $614,541.84 Non-US Fixed Income BLUEBAY HIGH YIELD BD FD GBP HDG-DB ISIN LU0222772518 G13289-92-4 GBP ISHARES BARCLAYS EURO INDEX-LINK ISIN IE00B1FZSD53 SEDOL B1G52V0 46578W-92-2 GBP R INTER AMERICAN DEVELOPMENT BANK- INR MEDIUM TERM NOTE 3% MAR 25 2014 DTD 03/25/2010 HELD BY EUROCLEAR ISIN XS0495010562 SEDOL B5114T3 U45818-9G-5 AAA /AAA INR 1.73 6,700,000.00 115,647.16 143,232.17 (27,585.01) 3,695.19 2,541.06 8.05% 20.92 5,790.00 121,145.54 118,212.32 2,933.22 203.83 187.90 38,298.31 39,293.00 EFTA01571022 (994.69) $23,294.19 $18,633.42 $3,645.49 2.52% 109.93 50,000.00 54,963.00 52,959.92 54,040.00 2,003.08 2,500.00 944.40 4.25% 115.65 100,000.00 115,653.00 108,550.77 110,503.00 7,102.23 5,000.00 1,472.20 3.71% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Page 13 of 32 EFTA01571023 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price Non-US Fixed Income INTER AMERICAN DEVEL BK - IDR MEDIUM TERM NOTE 6.50% JUN 04 2014 DTD 06/04/2010 HELD BY EUROCLEAR ISIN XS0513770957 SEDOL B4YWHCO 45818W-9K-4 AAA /AAA IDR Total Non-US Fixed Income $413,970.01 $450,849.60 ($36,879.59) $12,503.23 $6,884.62 4.02% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.01 1,300,000,000.00 138,879.00 150,112.11 (11,233.11) 8,808.04 4,343.56 5.28% Page 14 of 32 EFTA01571024 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Other Summary Asset Categories Balanced Beginning Estimated Value 159,882.30 Ending Estimated Value 160,055.98 Change In Value 173.68 Current Allocation 2% Current Market Value/Cost Estimated Value Tax Cost Estimated Gain/Loss Note: ** Period Value 160,055.98 90,364.18 5,678.12 Unrealized Gain/Loss is shown as "N/A" in cases where we do not have appropriate cost information for all tax lots comprising the position. Please contact your J.P. Morgan team for additional information. Other Detail Price Balanced JPM INC OPP - GBP - A - DIST(HEDGED) ISIN LU0323456201 287991-93-9 GBP 146.11 438.109 64,013.68 N/A ** N/A Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Accruals Page 15 of 32 EFTA01571025 EFTA01571026 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Price Balanced PIMCO FUNDS GLOBAL INVESTORS SERIES - GLOBAL INVESTMENT GRADE CREDIT FUND ISIN IE00B3BMD843 SEDOL B3BMD84 695421-91-7 GBP Total Balanced $160,055.98 $90,364.18 $5,678.12 22.02 4,361.513 96,042.30 90,364.18 5,678.12 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Accruals Page 16 of 32 EFTA01571027 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary - U S Dollar Beginning Cash Balance PRINCIPAL Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance $0.00 $5,860,158.44 640,598.74 (41,431.40) $599,167.34 -$0.00 $0.00 $0.00 -$0.00 $4,688.19 Period Value 5,855,470.25 4,688.19 Year-To-Date Value* -80,159.52 4,972,118.20 622,934.18 $5,675,211.90 (1,419,530.95) (159,902.42) ($1,579,433.37) $0.00 $0.00 $0.00 $0.00 INCOME Current Period EFTA01571028 Value 0.00 Year-To-Date Value* -Current Securities Transferred In/Out Securities Transferred Out Period Value Year-To-Date Value* (13,231.00) Page 17 of 32 EFTA01571029 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary - U S Dollar Current Cost Adjustments Amortization Cost Adjustments Total Cost Adjustments $0.00 Period Value Year-To-Date Value* (2,963.83) 9,237.41 $6,273.58 * 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 11/1 11/1 11/13 11/15 11/21 Interest Income Interest Income Corporate Interest Corporate Interest Div Domest Description DEPOSIT SWEEP INTEREST FOR OCT. @ .01% RATE ON NET AVG COLLECTED BALANCE OF $5,844,432.41 AS OF 11/01/12 COUNTRYWIDE CAPITAL V 7% PFD @ 0.4375 PER SHARE (ID: 222388-20-9) GENERAL ELEC CAP CORP MEDIUM TERM FLOATING RATE NOTE MAY 11 2016 DTD 05/11/2007 (ID: 36962G-2V-5) BANK OF AMERICA CORP MEDIUM TERM NOTE 3.6% NOV 15 2016 DTD 11/04/2010 (ID: 06050W-DW-2) APACHE CORP @ 0.17 PER SHARE (ID: 037411-10-5) 150,000.000 95.000 0.018 0.17 2,700.00 16.15 EFTA01571030 Page 18 of 32 4,200.000 50,000.000 0.438 0.002 1,837.50 81.46 Quantity Cost Per Unit Amount PRINCIPAL Amount 49.50 INCOME Amount EFTA01571031 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 11/21 Div Domest Total Inflows & Outflows Description CITIGROUP INC NEW @ 0.01 PER SHARE (ID: 172967-42-4) Quantity Cost Per Unit Amount 358.000 0.01 PRINCIPAL Amount 3.58 $4,688.19 INCOME Amount Page 19 of 32 EFTA01571032 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary Canadian Dollar PRINCIPAL US Dollar Value Current Transactions Beginning Cash Balance INFLOWS Total Inflows Income OUTFLOWS ** Total Outflows Withdrawals Ending Cash Balance Period Value -51.42 $51.42 (51.42) ($51.42) -Year-To-Date Value* -633.28 $633.28 (633.28) ($633.28) -Local Value Current Period Value 0.00 51.27 51.27 (51.27) (51.27) 0.00 INCOME US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 EFTA01571033 Year-To-Date Value* --Year-To-Date Value* -633.86 633.86 (633.86) (633.86) -Page 20 of 32 EFTA01571034 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary - Canadian Dollar Current Securities Transferred In/Out Securities Transferred In Securities Transferred Out Period Value 463,953.39 (463,901.96) Year-To-Date Value* 5,307,037.00 (5,305,824.78) * 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 - Canadian Dollar INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 11/7 Foreign Interest Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 10/31/2012 MATURITY 11/07/2012 HELD BY LONDON TREASURY SERVICES (ID: 2532D9-9Y-4) 11/7 11/14 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT CANADIAN DOLLAR (ID: OCADPR-AA-6) Foreign Interest JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/07/2012 MATURITY 11/14/2012 HELD BY LONDON TREASURY SERVICES (ID: 2532G9-9Q-8) 11/14 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT CANADIAN DOLLAR (ID: OCADPR-AA-6) (12.820) (12.80) (12.82) Page 21 of 32 (12.810) 115,628.940 (12.88) (12.81) 12.80 EFTA01571035 12.82 Quantity 115,616.130 Amount USD Local Value PRINCIPAL Amount USD Local Value 12.88 12.81 INCOME Amount USD Local Value Currency Gain/Loss USD EFTA01571036 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 11/21 Foreign Interest Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/14/2012 MATURITY 11/21/2012 HELD BY LONDON TREASURY SERVICES (ID: 2532J9-9V-4) 11/21 11/28 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT CANADIAN DOLLAR (ID: OCADPR-AA-6) Foreign Interest JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/21/2012 MATURITY 11/28/2012 HELD BY LONDON TREASURY SERVICES (ID: 2532N9-9B-3) 11/28 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT CANADIAN DOLLAR (ID: OCADPR-AA-6) Total Inflows & Outflows SECURITIES TRANSFERRED IN/OUT Notes: Settle Date Selection Method Securities Transferred In 11/7 Receipt of Assets Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/07/2012 MATURITY 11/14/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532G9-9Q-8) (12.820) (12.89) (12.82) $0.00 (12.820) 115,654.580 (12.85) (12.82) 12.89 12.82 Quantity 115,641.760 Amount USD Local Value EFTA01571037 PRINCIPAL Amount USD Local Value 12.85 12.82 INCOME Amount USD Local Value Currency Gain/Loss USD * Transaction Market Value is representative of the prior trading day's market value. This is for informational purposes only and is not to be used for any financial or tax purposes. The Transaction Market Value shown is in USD. Type Quantity Cost 115,628.940 113,236.33 Transaction Market Value * 116,227.51 Page 22 of 32 EFTA01571038 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Notes: * Transaction Market Value is representative of the prior trading day's market value. This is for informational purposes only and is not to be used for any financial or tax purposes. The Transaction Market Value shown is in USD. Type Settle Date Selection Method Securities Transferred In 11/14 Receipt of Assets Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/14/2012 MATURITY 11/21/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532J9-9V-4) 11/21 Receipt of Assets JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/21/2012 MATURITY 11/28/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532N9-9B-3) 11/28 Receipt of Assets JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/28/2012 MATURITY 12/05/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532P9-9T-2) Total Securities Transferred In Securities Transferred Out 11/7 Free Delivery $463,953.39 115,667.400 113,274.87 116,336.33 115,654.580 113,261.98 115,892.16 Quantity Cost 115,641.760 113,249.13 Transaction Market Value * 115,497.39 JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 10/31/2012 MATURITY 11/07/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532D9-9Y-4) EFTA01571039 11/14 Free Delivery JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/07/2012 MATURITY 11/14/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532G9-9Q-8) (115,628.940) 113,236.33 (115,484.58) (115,616.130) 113,223.45 (116,214.63) Page 23 of 32 EFTA01571040 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Notes: * Transaction Market Value is representative of the prior trading day's market value. This is for informational purposes only and is not to be used for any financial or tax purposes. The Transaction Market Value shown is in USD. Type Settle Date Selection Method Securities Transferred Out 11/21 Free Delivery Description JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/14/2012 MATURITY 11/21/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 253239-9V-4) 11/28 Free Delivery JP MORGAN CHASE BANK - CAD LONDON TIME DEPOSITS 0.5700% DATED 11/21/2012 MATURITY 11/28/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532N9-9B-3) Total Securities Transferred Out ($463,901.96) (115,654.580) 113,261.98 (116,323.44) Quantity Cost (115,641.760) 113,249.13 Transaction Market Value * (115,879.31) Page 24 of 32 EFTA01571041 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary - Norwegian Krone PRINCIPAL US Dollar Value Current Transactions Income INFLOWS Total Inflows OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Total Trade Activity Settled Sales/Maturities/Redemptions $0.00 Ending Cash Balance -Period Value Beginning Cash Balance -142.69 $142.69 (142.69) ($142.69) Year-To-Date Value* -1,708.84 $1,708.84 (104,669.24) (13,993.71) ($118,662.95) 116,983.65 $116,983.65 -Local Value Current Period Value 0.00 815.72 815.72 (815.72) (815.72) Year-To-Date Value* -9,951.45 9,951.45 (602,104.11) (80,557.60) (682,661.71) EFTA01571042 0.00 0.00 672,710.26 672,710.26 -Page 25 of 32 EFTA01571043 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary Norwegian Krone INCOME US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 Year-To-Date Value* --Current Securities Transferred In/Out Securities Transferred In Securities Transferred Out Period Value 863,508.90 (863,366.21) Year-To-Date Value* 8,859,488.24 (9,395,392.04) US Dollar Value Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value $0.00 Year-To-Date Value* (138,881.78) ($138,881.78) * 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 0.00 Local Value Current Period Value EFTA01571044 Year-To-Date Value* (784,956.53) (784,956.53) Page 26 of 32 EFTA01571045 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Detail - Norwegian Krone INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 11/6 Foreign Interest Description HELD BY LONDON TREASURY SERVICES (ID: 2532D9-9R-9) 11/6 11/13 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Foreign Interest HELD BY LONDON TREASURY SERVICES (ID: 2532G9-9K-1) 11/13 11/20 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Foreign Interest HELD BY LONDON TREASURY SERVICES (ID: 253239-9P-7) 11/20 11/27 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Foreign Interest HELD BY LONDON TREASURY SERVICES (ID: 2532M9-9W-8) 11/27 Misc Disbursement REP: ROLLOVER TO TIME DEPOSIT NORWEGIAN KRONE (ID: ONOKPR-AA-1) Total Inflows & Outflows Page 27 of 32 (203.980) (36.09) (203.98) $0.00 (203.950) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1,234,157.420 0.8500% DATED 11/20/2012 MATURITY 11/27/2012 (35.56) (203.95) 36.09 203.98 (203.910) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1,233,953.470 EFTA01571046 0.8500% DATED 11/13/2012 MATURITY 11/20/2012 (35.50) (203.91) 35.56 203.95 (203.880) JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1,233,749.560 0.8500% DATED 11/06/2012 MATURITY 11/13/2012 (35.54) (203.88) 35.50 203.91 Quantity JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 1,233,545.680 0.8500% DATED 10/30/2012 MATURITY 11/06/2012 Amount USD Local Value PRINCIPAL Amount USD Local Value 35.54 203.88 INCOME Amount USD Local Value Currency Gain/Loss USD EFTA01571047 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 SECURITIES TRANSFERRED IN/OUT Notes: Settle Date Selection Method Securities Transferred In 11/6 Receipt of Assets Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/06/2012 MATURITY 11/13/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532G9-9K-1) 11/13 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/13/2012 MATURITY 11/20/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 253239-9P-7) 11/20 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/20/2012 MATURITY 11/27/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532M9-9W-8) 11/27 Receipt of Assets JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/27/2012 MATURITY 12/04/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532P9-9P-0) Total Securities Transferred In Securities Transferred Out 11/6 Free Delivery $863,508.90 1,234,361.400 208,315.81 218,409.19 1,234,157.420 208,279.72 215,193.70 1,233,953.470 208,244.16 214,854.68 * Transaction Market Value is representative of the prior trading day's market value. This is for informational purposes only and is not to be used for any financial or tax purposes. The Transaction Market Value shown is in USD. Type Quantity EFTA01571048 Cost 1,233,749.560 208,208.66 Transaction Market Value * 215,051.33 JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 10/30/2012 MATURITY 11/06/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532D9-9R-9) (1,233,545.680 ) 208,173.12 (215,015.79) Page 28 of 32 EFTA01571049 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Notes: * Transaction Market Value is representative of the prior trading day's market value. This is for informational purposes only and is not to be used for any financial or tax purposes. The Transaction Market Value shown is in USD. Type Settle Date Selection Method Securities Transferred Out 11/13 Free Delivery Description JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/06/2012 MATURITY 11/13/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532G9-9K-1) 11/20 Free Delivery JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/13/2012 MATURITY 11/20/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532J9-9P-7) 11/27 Free Delivery JP MORGAN CHASE BANK - NOK LONDON TIME DEPOSITS 0.8500% DATED 11/20/2012 MATURITY 11/27/2012 HELD BY LONDON TREASURY SERVICES CLIENT REF FTD (ID: 2532M9-9W-8) Total Securities Transferred Out ($863,366.21) (1,234,157.420 ) 208,279.72 (218,373.10) (1,233,953.470 ) 208,244.16 (215,158.14) Quantity Cost (1,233,749.560 ) 208,208.66 Transaction Market Value * (214,819.18) Page 29 of 32 EFTA01571050 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary - Pound Sterling PRINCIPAL US Dollar Value Current Transactions Income OUTFLOWS ** Withdrawals Tax Payments Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance $0.00 -731,933.29 (1,329.75) $730,603.54 -0.00 5,361.50 455,251.88 (824.19) 454,427.69 -$0.00 Period Value Beginning Cash Balance INFLOWS Foreign Exchange - Inflows Total Inflows -1,826.38 $1,826.38 Year-To-Date Value* -13,896.24 159,902.42 $173,798.66 (556,140.84) (355.93) (358,568.42) ($915,065.19) 0.00 Local Value Current Period Value 4,212.18 EFTA01571051 1,149.32 1,149.32 Year-To-Date Value* -8,754.98 100,776.72 109,531.70 (350,837.45) (222.15) (226,311.80) (577,371.40) Page 30 of 32 EFTA01571052 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Summary Pound Sterling INCOME US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance Period Value --Year-To-Date Value* --Local Value Current Period Value 0.00 0.00 Year-To-Date Value* --Current Securities Transferred In/Out Securities Transferred In Securities Transferred Out Period Value Year-To-Date Value* 1,428,287.29 (1,368,088.64) US Dollar Value Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value $0.00 Year-To-Date Value* 19,059.78 $19,059.78 * 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 0.00 Local Value Current Period Value Year-To-Date Value* EFTA01571053 12,137.60 12,137.60 Page 31 of 32 EFTA01571054 GHISLAINE MAXWELL ACCT. For the Period 11/1/12 to 11/30/12 Portfolio Activity Detail - Pound Sterling INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 11/14 Foreign Dividend Description ISHARES BARCLAYS CAPITAL ISIN IE00B1FZSD53 SEDOL B1G52V0 @ 0.1985 PER SHARE (ID: 46578W-92-2) Quantity 5,790.000 Amount USD Local Value 0.315 0.199 PRINCIPAL Amount USD Local Value 1,826.38 1,149.32 INCOME Amount USD Local Value Currency Gain/Loss USD Page 32 of 32 EFTA01571055 For the Period 11/1/12 to 11/30/12 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 EFTA01571056 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 EFTA01571057 For the Period 11/1/12 to 11/30/12 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, EFTA01571058 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 (202) 371-8300. In Case of Errors or Questions About Your Electronic Transfers. Disclosures Page 2 of 5 EFTA01571059 For the Period 11/1/12 to 11/30/12 Contact your J.P. Morgan Team at one of the tele hone numbers on the front of our statements or write us at J.P. Morgan, 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 EFTA01571060 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 EFTA01571061 For the Period 11/1/12 to 11/30/12 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 responsibi