EFTA01485082.pdf

JPMorgan Private Bank JEFFREY EPSTEIN ACCT. For the Period 5/1/08 to 5/31/08 Important Information about Auction Rafe Swung*, (ARS) ARS are debt or petered moven: nth an :Merest or &roomIngerase ponedcaly an an &unison AR/sough Maremey be daily, weeny and month* feasts there a no guarantee Net there era be tquelety Ifthere are not enough Gds M an cacao° to redeem the secuntos enretre tp sale. Ine resut rney bee Wed auCbon In it figetlauCtto. Mete a no Manna that a SeCOnderyintirkirtwa derieMe or that the Seeunty ea Modest par Cr another pace fentotted On Statement, ACOadingar imesta* MOW not fey an Xiang Marnneben •Opearng n thee statements with respect to ARS 7ho distrbutor of the JPMorgan Funds is JAMorgen astnbuton Sens Inc. elect, s an off eted JPVcrien Chase Bank NA JPMo'gin Chase Sank N A and as aMOoacos wow compensation tom !Plana° Funds Ice pronging senores Amencen Canny ImestmentSennote Inc a the distribute car the Amercen CenturyFunds Amencen CenturyInvestment Managementinc :enemas investment adviser to Cs rospectnefund Alm/yard nocoaneaccomponsatoon from that fund bevy for pavan,omestrrant advacryand other sewn If you hens chosen one el the snow mAusi funds you we notified Net poseons n the Pierre Money Metre Same Fund representhollings in The JPMorgan Mane Money Merkel Fund nos:eons on the FederalMoney Merkel Sweep Fund represent had:nos in the JPMorgan Federstsloney Ment Fund and poserons m me Tax Exempt MoneyMale• t SnoopFund nepresonthoefings tri the JPMorgan Tax Exempt Money OrterAMFund JAMS! is the CustothenMlater1 Optirma end most usual funds. nflichng Ned party mutual funds. purONMedthrOuph JAMS! You shout he..rectiorodsopmeteal4S1confamMons tor each secunnes Venda-bon AV trensettons ere sagest lo the terns end modems stated on the rarestrati.of such eacnAnnatons end &sucked to the constitutor,, braves customs and interpret:Mona of the nwketplace won commutedand governed by end cons Sued a aCcOrdanCO am Na laws of the Stele of New York and as applcaMeledvalMns and reguiMons Further infonneton wen respect to ornmesions and other Chilgat rated to the erKdgnd tatnnannal .ncludav octions fransmbons has beeninclude:lin confameaons that wereprevousgfurnched to you Upon widen request JAM& mg pronely supply )Cu oath the Seal such intarnelmn SharehoMerscl certain JAM Funds *recharged a redemption leo*qua to 2% of Meproceeds if they exchangeo• redeemshares of such funds wenn 00 days of pachese subset! to COVIIM7 ft copetons sot lothmite prospectus ti the appacowoFund Measeconsuit your JPMorgan reprosents6vatva 1st of Me JIMFiats mat impose fee:4°102n fees JPMS/fs a member of the Scants InvestorMotecton Commeton ('S/PC) a not.brprate rrembershp caporal:on funded by froker-deabirs registeredmar the Secuntes and £abangeConvnasan &mantes and cash hold b a customer at JAMS, are sensate:I by &PC A00 S.130.000 per Custer*. often intimate up 10 SI00.000 Of MOteCbCin kr earn SIFC does not protect *gang ;One? frOrn 00C4vOtOrn n MO valued the secure., Assets Wainer:stogy by AdMagen ChaseBank NA (Me Tank,are net subset to S/PC. Youmaychtem intimation about SIC. maxima the SIPCgeochunsonerev wittiest at Mew apt e by contacting them at (202)37f4300 JP Megan Stal41,09InC JPMorgan Chase Bank NA or Moe adAeles (the 'Mogen COnMenref)mayMaude edenneatin.aulledwg nip diabloulklin a aheehOteaovCa to AcMagen Fund; AnesenCenturyFunds. &funds °abashed. sponsored. richmed. managedby hardpates and the Wagon Co penes fray be compensated for such services JPMorgan Prorate Bonk a the markehng name for the fAVIlit tensing business conducted byJP Mogen Chases Co avow, its subsdramPS making*. inctudrng JPalortgan Chase Sank. NA. JP Morgan Trust Company. NA. and JP Morgan Societies Inc Page 8 of 8 Confidential Treatment Requested by JPMorgan JPM-SDNY-00006336 Chase CONFIDENTIAL SDNY_GM_00275534 EFTA01485082