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continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSlPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
continue to do so. Th e estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome dividendannualized. J.P. Morgan Funds Distributor, Inc. is the distributor of the JPMorgan Funds and Ameri can CenturyInvestmentServices, Inc. is the distributor of the American CenturyFunds. J .P. Morga
rotection, which in cludes up to $100,000 of protection for cash, is providedby SIPC. As ofMarch 2004, the balanceof the protection is providedby a separateExcessSIPC SuretyBond issued by Cust omer Asset Protection Company. SIPCand excessSIPCprotection do not protect against losses f rom fluctuations in the valueof the sec
Entities connected to both J.P. Morgan Funds Distributor, Inc. and separateExcessSIPC SuretyBond

Newark
LOCATION
JPMorgan Chase
ORGANIZATION
Jeffrey Epstein
PERSONThe American Century
ORGANIZATIONJ.P. Morgan Trust Company
ORGANIZATIONthe FederalMoney Market Sweep Fund
ORGANIZATIONMaria Farmer
PERSONJP MORGAN INSTITUTIONAL TAX FREE
ORGANIZATION
NEW YORK NY
LOCATION
John Brennan
PERSONJeanne Brennan
PERSONJ.P. Morgan Portfolios
ORGANIZATIONMoody's Rating
ORGANIZATIONJPMSI Compliance Department
ORGANIZATION
Eric Trump
PERSONHarry Beller
PERSON
ERIC GANY
PERSONIRPsmayuse
ORGANIZATION
Ghislaine Maxwell
PERSONFAO FINANCIAL TRUST COMPANY, INC.
ORGANIZATION