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presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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
presentthe 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. Morgan InvestmentManagementInc. and American CenturylnvestmentManagement Inc. serveas invest
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 CenturyInvestmentServices, Inc. and separateExcessSIPC SuretyBond

JPMorgan Chase
ORGANIZATION
Newark
LOCATIONJ.P. Morgan Trust Company
ORGANIZATIONThe American Century
ORGANIZATION
Jeffrey Epstein
PERSONthe FederalMoney Market Sweep Fund
ORGANIZATIONJP MORGAN INSTITUTIONAL TAX FREE
ORGANIZATION
John Brennan
PERSONJeanne Brennan
PERSON
NEW YORK NY
LOCATIONHarry Beller
PERSONJ.P. Morgan Funds Distributor, Inc.
ORGANIZATIONMorgan InvestmentManagementInc
ORGANIZATIONAmerican Century Funds
ORGANIZATIONthe "Morgan Comp
ORGANIZATION