J.P.Morgan CHISLAINE MAXWELL ACCT. O52167006 For the Period 8/1/09 to 8/31/09 Inv.:dant inferniebonRegard,n9iLicfton RafeSea:toe (ARS) ARS aredebt a prekwreisectedes wen en newestor dem:lend rate reset penodeaket an auction AMIOUgh There may be dek. weerWentl roOnff01 rases Uwe W SW& enSeethel There miT be NTaditY II two Nona enough bets a an auchon so tedertentne socureasavateblelcv sale the result may be a faNdevcbon Ina labdituctran Mires no essurancothel seconderymieket drawaopor MN tan. ecurity wad tede at par or anyotha puce reakbledon statements &Wenn' rives as not reeiOn a non; un'amatcnappemvgm they stakrnents with :esparto ARS Additional Information About Your Accounts &cages purchased a anti /trough JPMSI Moth thin mutual tures and Ped name warren ere sieved tIvough JP l/orgern CleaungCap FJPMCC"). an erfAiteo f !PPS/. and (2)other than ekhererkstedophons are tied in row Asset Account el PrMagan Chase Sank N A Area ',Mere sectw tres NatnaSal a son through JPMSI are eared (Nowell JPMSI Poston n tachan)eAstedopans are held by) P Morgan Chka nog Cap and are rat deetwedlo or Can )err Rise Account Fa your conversance hooey., paeans in of charneasPeoptions ceeptesented in This Asset Account statement logether we, otter assets he /n Mat account At ref :went information about sour sated and pending putchasesend saPserfected (trough )our JAMS; account during the pacd covered by 'Al Stelbment.is sonwwczechn Vie "Dade nave), paron a Ma sMtement You should here lathed eepwateconfrmatcns la rah stow ate Vernet-non Al bansactons we subject bit* lams and condi! oro stated on the reversesde of such caarmetoris and are subsea to the consteution. Wens customs and mterpretehans at the rnagetplaankhere executed and gcuramed by and construed maxadanoewan the laws d the Sate of New York eed es apsOcatsystedewelaws ad tegulatsces Fatty nacernalon ear respect b conkmesons and the charges reefed:O the ewe:Iona twourknons octane optrom lapses-tons has been =hided in conNmshons that were preecuslytworshedb par Upon *ram request 'PUS( ww ptorrytOr seep)/ you wall the b*st such adarnabon Snerehodasc I colon JPIAcaten Funds ere cliargeda redempbon fee equal to 2% of the proceeds/ they eschangea redeemshatos of such funds within 60 days of purchase. subpar to colasnenactons ref lath n the prospectus a tne appacablecasi Meese consua tour J P MOVanitten&gigleekt a As( of the 'Maven Funds NW impose reclanton fees JPMCC and JAMS, sremembers &the Seounta s !make FP:Paco Cap (-SIPC'S a nottot-prog memberstap capaabon funded by broker deae s regatered *NI the ancurbes and ExchangeCcarrnavon Securaesend cash head fat of:forret at JAWS: end JPMCC ate woreCted by &PC up to swam° per customer. when wctodes up to Tr00.000 of protectors kr cash. SIP does net protect ware: tosses aunt nuCtuahons u1 the valued The seaways Assets herd in Cv3tOly by .1PAA, (Tan Chase Sank N A (the 'Grinkg ere not sepal to Silt Yawner °blow trekrnatran about S/PC incluIng the 5:PC8n:chute on Per eases el 'wens sac or a by contacting them at (202)3714300 To Ma intent apprcat* pleasereed the fcaPang dabswes regardavestanatel annual *noon* (EAland estimated peal (E Y)EParkl E Yla cedar types of secuntes could noble a return a/annoyer., caplet gams in anon cased+. EAl and EYnould be Perstated Eat and EYere abates and the atuel income and peal mght be lower a honer than The estrnatedamounts EYrelleasoniytherncornegeraetedby an nvestment ft does not re/ectchangeant price Mitch may &clue* .PMS, JAWC8 a leer ate sates (The J P Morgan COMparriOS, nay prOvde edrrwhStratnre custodial. sales distribution a thrombotic's...yeas to JPMagan Funds Amencen Century Funds. a funds estabAshed sponsacd adessed. a managed by tied pates and the JP Masan Companies may be camper sated fa such Serve-ea A financeistaromentot the aganaatoms ayafabIefo you fa pasonarnspectron et as otces, a a copy ase be mated b yOu upon notion MOWS? Sank products and sums We oared (trough JPIICS and Is anChee3 Sean** ere offered by JP145., and clewed Woven JPMCC If a pager Oa Is made with reaped to an issue of sear:boo rafts:NOP your Account we *A egocelethe call bye method we deem fay end esugaMe Tx. must parretly alma JPMSI of materrolchanges in sour inveifrnenlobiecfrien /manta situation Unless psu inform JPMSI anemia J1'4151.0 consider utormeboncerentlyn rte Iles to be cornoteteand accurate JPMS is not a bank and is a separate legal alay ban as bank a left agitates ex-Acing JPMCS The secuntes sod offered a recommended by !PPS/ (I) Are not insured by the Federal Deposit Insurance Caporabon a an/ other governmental agency. (2)Are not deposes a other oc.ganons oeJPAISI's Dank a evil at I totes (unless Menus. Andoeked), and a'e not guaranteed by a the responsaaty of any such aratales (unites Portray stated omen se). and (3)Thydre investment risks anciudng pout,* toss dine urinal erresSed ..PMSTs Donkey &Aran may be tenders to open of securities that JONAS: underwrites in when case proceeds e offennes undernntlen by JPMS may be used fa the repaymentof such bens are you should refer to the cfscbsee documents rotating b pateute securities kr discussion of any 3007 ieninv reetnnshps The FederalReser Taco ave4 That JPACt 4:tin 0A, consent babel can obtain Certan nformaPp from its bank a twit taffeta. mote:Iwo Owe <reds! eraktabenot we We wa ass vent. that your fagoting b transact business war JAMS; nit consleute yourconsent to tan shame of Sod, trnanon by JPMSI and as hank a ulna a/Motets, the a. *of parroted or law DEPOSITS IN FOREIGN BRANCHES ARE NOT INSURED BY THE FDIC, THE FEDERAL RESERVE BOARD OR ANY OTHER GOVERNMENTAL AGENCY, AMOUNTS IN THE TIME DEPOSITS DO NOT HAVE THE BENEFIT OF ANY DOMESTIC PREFERENCE APPLICABLE TO U.S. BANKS. Page 32 of 32 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00047221 SDNY_GM_00316419 EFTA01519915