EFTA01492521.pdf

For the Period 12/1/11 to 12f31/11 Consolidated Summary INVESTMENT ACCOUNTS Beginning Ending Change Estimated Current Asset Allocation Asset Allocation Market Value Market Value In Value Annual Income Allocation Equity 23,092,595.28 23,104,697.46 12,102.18 899,843.75 33% Alternative Assets 4,347,376.86 4,279,685.00 (67,691.66) 6% Cash Cash 8 Fixed Income 40,848,651.91 42,178,189.30 1,329,537.39 1,470,358.64 61% FS.d roam Other 162 464 99 0.00 (162,464.99) Market Value $59,461,0110.84 $59,562,671.76 $1,111,402.92 $2,170,202.39 100% Accruals 427,506.41 330,260.70 (97,245.71) Market Value with Accruals 868,078,69626 $89,892,832.46 $1,014,237.21 Current Year-to-Date Portfolio Activity Period Value Value Beginning Market Value 68,451,088.84 73,399,279.03 Net ContributionsAMthdrawals (323294.24) (4,265,692.37) Income & Distributions (593,383.59) 1,418,258.64 Change in Investment Value 2,028,160.75 (969,273.54) Ending Market Value $69,662,671.76 $69,662,671.76 Accruals 330260.70 330,260.70 Market Value with Accruals 669.882,832.46 669.892,832.46 This Consolidated Summary shows all of your investments at J.P. Morgan other than investments we hold in trust for you. These investments may be held in custody or investment management account at JPMorgan Chase Bank. N.A. (the "Bank") or in a brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC"). Brokerage and margin accounts are nondiscretionary and all investment decisions are made by the client. J.P. Morgan Securities LLC ("JPMS") does not provide advice on asset allocation or investment management services, nor do its personnel take discretion over any client accounts. Such advice and services are provided exclusively by the Bank. Consolidated Statement Page 2 J.P.Morgan Confidential Treatment Requested by JPMorgan JPM-SDNY-00015322 Chase CONFIDENTIAL SDNY_GM_00284520 EFTA01492521