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in the Important Disclosures section above. India: For private circulation only, not for sale. Pakistan: For private circulation only, not for sale. New Zealand: This material is issued and distributed by JPMSAL in New Zealand only to persons whose principal business is the investment of money or who, in the
many by 1.P. Morgan Securities plc, Frankfurt Branch and J.P.Morgan Chase Bank, N.A., Frankfurt Branch which are regulated by the Bundesan.stalt far Finanzdienstleistungsaufsicht. Hong Kong: The I% ownership disclosure as of the previous month end satisfies the requirements under Paragraph 16.5(a) of the Hong Kong Code of Con
ISAL lot the purposes of thas ammo the talus "utak-sale clime and "mud ,dery hate dw meanings paten to them m ratan 7610 of ite Corp:canons An 2001. New Zealand: Ibis matetial is issuedand distributed byJP/610AL at New ?also] only to canons whose prinecul hunters s. the inveatneut of waxy or '.to. in the cou
stributed in Germany by `Morgan Securities Ltd., Frankfurt Branch and Chase Bank. M., Frankfurt Branch which are regulated by the Bundesanstalt fur Finanzdienstleistungsaufsicht. Hong Kong: The 1% ownership disclosure as of the previous month end satisfies the requirements under Paragraph 16.5(a) of the Hong Kong Code of Con
in the Important Disclosures section above. India: For private circulation only, not for sale. Pakistan: For private circulation only, not for sale. New Zealand: This material is issued and distributed by JPMSAL in New Zealand only to persons whose principal business is the investment of money or who, in the
distributed in Germany by Morgan Securities Ltd.. Frankfurt Branch and Chase Bank. Frankfurt Branch which are regulated by the Bundesanstalt fur Finanzdienstleistungsaufsicht. Hong Kong: The I% ownership disclosure as of the previous month end satisfies the requirements under Paragraph 16.5(a) of the Hong Kong Code of Con
in the Important Disclosures section above. India: For private circulation only, not for sale. Pakistan: For private circulation only, not for sale. New Zealand: This material is issued and distributed by JPMSAL in New Zealand only to persons whose principal business is the investment of money or who, in the
rmany by J.P. Morgan Securities pk, Frankfurt Branch and J.P.Morgan Chase Bank, N.A., Frankfurt Branch which arc regulated by the Bundesanstalt fiir Finanzdienstleistungsaufsicht. Hong Kong: The 1% ownership disclosure as of the previous month end satisfies the requirements under Paragraph 16.5(a) of the Hong Kong Code of Con
Entities connected to both New Zealand and Finanzdienstleistungsaufsicht

Malaysia
LOCATION
Bloomberg L.P.
ORGANIZATION
Philippines
LOCATION
Frankfurt
LOCATION
Moody's
ORGANIZATIONthe Mexican Stock Exchange
ORGANIZATIONJapan Investment Advisers Association
ORGANIZATION
Bangkok
LOCATION
Saudi Arabia
LOCATIONthe Securities and Exchange Commission
ORGANIZATIONthe Capital Market Authority
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATION
JPMorgan Chase
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATIONKanto Local Finance Bureau
ORGANIZATION
Mumbai
LOCATION
the Ministry of Finance
ORGANIZATIONthe Securities Commission
ORGANIZATIONThe Financial Futures Association of Japan
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATION