EFTA01519655.pdf

05 /0 05 .Ilnlorgan Chase Bank, N.A. 345 Park As emit`, New York, NY 10154-Inn: 1''JPMorgan Private Bank Account Number Asset Account Portfolio Page 6 of 6 GH/SLAINE MAXWELL May 01. 2005 - May 31. 2005 If Sou Amy chosen one a the sweep nuked hinds sou are notered that posacas in Me Rune Money Market Steep Fund represent hoktoos tn the JP1Oce pen Anne Money LtstaN Fund peseons tn the FelerePtIoney Make/ Sweep Fund nerresentivddnys rn the JPMorgan FeclecalloheyMerketCumt and positions in me Te. &renal LMOdY MonAdt Snyes Fend ' , ewer,: ho4 ^0,9 in the 'Man.^ TM &OM°, WI'Mr Mat kr°, Fund JAN& a the custodian of Allred options enclave multret funds acArdarg thed petty mutual fonds putchesed through ADM& You shout theeetecevecisepateleJAMS1cookrnelons for east securities Itensecten AN transectons ere piped It1 the band end coodtserd stefed on the manes:0e of such <tolerations and are sulyect to the Censetiotort briews OMOIre end edeeprelebons of the methetptece whore thoeutott and governed by and construed on eccadenoo with the tows &the Stem of Now Yak and at applcobletedaallaws and tegutoSens Fuchs.peanut°, ATM respect to commostons and cow charges rebtod to Ile (nosy:ton of transadtons tnauctogopeons baraCkfil lad been mcluded in colsmeScas that were preyormylumehed to you Upon wntlen tecAnst JPedSt nil promptly supply sou nen the blestsuch vechnetion Sherehodetso'catero JAYA Funds teechcegeI et redemptco (coequal lo "of the proceeds A theyexchangea rotten:hams or such funds mho 60 days of :chase su&ect to oaten exceptions set forth p'oapectus of me appAcatOefund PeraxcensuA you: JPMapan representstmeice a AV of the JIM Funds met nerose redeem/ton/en JAM& rs a marraord the SecupbestmeskriFtoloctron Capastrcor&PC7 a notrMeraotirmanbershocorporetrco 040 by brotoodeatoesegotemcfmth the Scales and ExchaveCoertarsson Socvneesand cash hied ice • cunfornor account At JAMS, ant peon% fel up to try totel net equity of each account The test $500000 oft:then whdh includes up to WO MO ofpndectiwm for cash. is ploy dadby $1PC As of March X104. the balance of the protection is prom:led by a staaratrErcesc&PC Spey Awn,sued by Customs Asset Pngeehen Company &PC and Wen S/FCreOfeaton 00 nOt protect against tosses horn At/S*4601d el The netted Me sea/Ides Assetshetd m Unto* by JP.W.pan enasesook NA (the ttanklere not sut.ect IC SJFCa den StACensleceon JP Mown Senates Inc JPItcrpen Chase Batt NA a Met affataceppo rMagort Conyytmasimay provide edmacarenye custodial sate deseththon or sheteholdtvsery ces to JPAIctcren funds AnrocanCeohry funds a funds eztebtshel sponsored echoed a mooOPe bY thrd perheS and the Mogen Convenes nay be compensated for such seinen JPittnan Rvea Bank NA os the traaanng name /a Me pervete Donkey bacons conducted by I P Morgan Chose & Co thrown es cocoawon watdmie roaadnp JPMagen Chase Bank .1P Wigan Trust Company NA and JP Mayan &Kates Inc Confidential Treatment Requested by JPMorgan JPM-SDNY-00046958 Chase CONFIDENTIAL SDNY_GM_00316156 EFTA01519655