EFTA01521011.pdf

GHISLA1NE MAXWELL ACCT. For the Period 1/1/12 to 1/31/12 Adjusted Tax Cost Unrealized Est. Annual Inc. Price Quantity Value Onginal Cost Gain/Loss Accrued Div. Yield Non-US Equity QBE INSURANCE GROUP LTD 12.18 400.000 4,871 65 7.237.30 (2,365 65) ISIN AU00000006E9 SEDOL 6715740 078063-91-6 AUD RIO TINTO PLC 60.04 191.000 11.468.56 12,954.00 (1,485.44) ISIN GB0007188757 SEDOL 0718875 788994-90-9 GBP RSA INSURANCE GROUP PLC 1.67 23.800.000 39.811 02 48,596.10 (8,785.08) ISIN 080008616899 SEDOL 0861689 G8566X-91.9 GBP SANOFI 73.92 156.000 11,531.84 11.779.77 (247.93) ISIN FR0000120578 SEDOL 5671735 F5548N-91.1 EUR SCHNEIDER S A 82.15 164.000 10,193.21 11,096.92 (903.71) ISIN FR0000121972 SEDOL 4834108 F8692191.7 EUR SHISEIDO COMPANY LIMITED 18.35 400.000 7,339.02 7,325.88 13.14 MIN JP3351600006 SEDOL 6805265 824841-91-0 JPY SOLVAY U 98.69 77.000 7,599.07 8,750.42 (1,151.35) ISIN 8E0003470756 SEDOL 4821100 83443741-5 EUR STANDARD CHARTERED PLC 24.21 555.000 13,435.04 14,171.09 (736.05) ORD US 0.50 ISIN GB0034082847 SEDOL 0408284 084228-92-6 GBP STORA ENSO OYJ 7.12 933.000 6,644.11 9,050.23 (2,40612) R SHS ISIN FI0009305961 SEDOL 5072673 X21349-90-1 SEOA EUR JP Morgan Page 9 of 50 Confidential Treatment Requested by JPMorgan JPM-SDNY-00048364 Chase CONFIDENTIAL SDNY_GM_00317562 EFTA01521011