JPMorgan Chase Bank, N.A. GHISLAINE MAXWELL ACCT 270 Park Avenue, New York, NY 10017-2014 For the Period UM Ito 1/31111 Asset Account J.P. Morgan Team Table of Contents Page Paul Morris Banker Account Summary 3 Ian Hirschfield Investment Specialist Holdings Janet Young Client Service Team Equity 5 Pauline Esposito Client Service Team Cash and Short Term 6 Fixed Income 11 Convertibles 14 Other Assets 15 Portfolio Activity 16 Online access www.MorganOnline.com JP Morgan Client News 2010 Year End Tax 1099's You will be able to view your 2010 Form 1099 on Morgan Online beginning Feb 24. 2011. You should expect to receive them via mail shortly thereafter. You may contact your J.P. Morgan Team with any questions. Important change affecting your asset account The current standard maximum deposit insurance amount (SMDIA) has been permanently raised to $250,000. This FDIC insurance coverage limit applies per depositor, per insured bank for each account ownership category. Due to this change we are modifying the Combined Terms and Conditions. Unless otherwise indicated below, all other terms and conditions of the various account agreements still apply. Please contact your J.P. Morgan team if you have questions about these changes. The next to the last paragraph of the Deposit Sweep in the Asset Account Agreement is replaced as follows: The Deposit Sweep is insured by the Federal Deposit Insurance Corporation ("FDIC") for the standard insurance amount of 5250.000 per depositor, per insured bank, for each account ownership category. The 0000013259 00 0 2000003 MAXWECO 201 W202 Page 1 of 25 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00047878 SDNY_GM_00317076 EFTA01520557