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ipating: Alex White, European Policy Strategist; Malcolm Barr, Senior European Economist; • Pavan Wadhwa, Global Head of Interest Rate Strategy, Nikolaos Panigirtzoglou, Global Market Strategist. North America Equity Research 26 June 2012 Portfolio Strategy Thomas J Lee, CPAAc J.P. Morgan Securities LLC hor J.P
address is Dubai International Financial Centre - Building 3, Level 7. PO Box 506551. Dubai, UAE. Country and Region Specific Disclosures U.K. and European Economic Area (EEA): Unless specified to the contrary, issued and approved for distribution in the U.K. and the EEA by JPMSL. Investment research issued by JPMSL
212) 834-5874 [email protected] JPMorgan Chase Bank NA John Normand (44-20) 7134-1816 [email protected] J.P. Morgan Securities ple Nikolaos Panigirtzoglou (44-20) 7134-7815 [email protected] J.P. Morgan Securities ple Seamus Mac Gorain (44-20) 7134-7761 seamus.macgorain@jpmorgan
Page: HOUSE_OVERSIGHT_026572 →address is Dubai International Financial Centre - Building 3, Level 7, PO Box 506551, Dubai, UAE. Country and Region Specific Disclosures U.K. and European Economic Area (EEA): Unless specified to the contrary, issued and approved for distribution in the U.K. and the EEA by JPMS ple. Investment research issued by JPMS
Page: HOUSE_OVERSIGHT_026578 →AC (1-212) 834-5874 [email protected] JPMorgan Chase Bank NA John Normand (44-20) 7134-1816 [email protected] J.P. Morgan Securities plc Nikolaos Panigirtzoglou (44-20) 7134-7815 [email protected] J.P. Morgan Securities plc Seamus Mac Gorain (44-20) 7134-7761 [email protected] J
Page: HOUSE_OVERSIGHT_030848 →ed address is Dubai International Financial Centre - Building 3, Level 7, PO Box 506551, Dubai, UAE. Country and Region Specific Disclosures U.K. and European Economic Area (EEA): Unless specified to the contrary, issued and approved for distribution in the U.K. and the EEA by JPMS ple. Investment research issued by JPMS
Page: HOUSE_OVERSIGHT_030854 →Entities connected to both Nikolaos Panigirtzoglou and European Economic Area

JPMorgan Chase
ORGANIZATION
Malaysia
LOCATION
the Ministry of Finance
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATIONthe Philippine Stock Exchange
ORGANIZATIONthe Stock Exchange of Thailand
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATION
Philippines
LOCATION
New Zealand
LOCATIONthe Taiwan Securities and Futures Bureau
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATIONthe Mexican Stock Exchange
ORGANIZATIONThe Financial Futures Association of Japan
ORGANIZATIONKanto Local Finance Bureau
ORGANIZATION
Mumbai
LOCATIONEngland & Wales
LOCATIONJapan Investment Advisers Association
ORGANIZATIONthe Korea Financial Supervisory Service
ORGANIZATIONthe Hong Kong
LOCATION