Statement of Account ••" ALL AMOUNTS IN US DOL INV REP 20JQ ACCOUNT TAXPAYER ID. STATEMENT PERIOD PAGE UNDISCLOSED 08/01/05 TO 08/31/05 10 OF 19 TRADING ACTIVITY FOR THE MONTH TYPE DATE TRANSACTION QUANTITY DESCRIPTION 03 08/03 JOURNAL 03 08/03 JOURNAL 03 08/03 JOURNAL 03 08/03 JOURNAL 03 08/03 JOURNAL 01 08/03 BOUGHT 03 08/03 SOLD 03 08/03 SOLD 03 08/03 SOLD 01 08/03 BOUGHT 03 08/03 SOLD 01 08/03 BOUGHT CREDIT FIRST I SUISSE BOSTON 26, 100 FRANKLIN RESOURCES INC OFFSHORE ARRANGING FLIP TO 7 36FY0 FROM 746FY0 160 HCC INSURANCE HOLDINGS INC OFFSHORE ARRANGING FLIP TO 736F10 FROM 746FY0 42,200 HCC INSURANCE HOLDINGS INC OFFSHORE ARRANGING FLIP TO 736F10 FROM 746F10 24,200 HCC INSURANCE HOLDINGS INC OFFSHORE ARRANGING FLI P TO 736F10 FROM 746FY0 910 PPL CORP OFFSHORE ARRANGING FLIP TO 736F10 FROM 746FY0 3,000, 000 FRANKLIN RES INC SR LYON CVT DUE 2 05/11/2031 CORRECTION DONE AT MERRILL LYNCH, PIERCE, FENNER AND SMITH, INC. -160 HCC INSURANCE HOLDINGS INC DONE AT EDGETFtADE.COM INC. -26,100 FRANKLIN RESOURCES INC DONE AT MERRILL LYNCH, PIERCE, FENNER AND SMITH, INC. - 42, 200 HCC INSURANCE HOLDINGS INC DONE AT KBC FINANCIAL PRODUCTS 1,000, 000 HCC INS HLDGS INC NT CVT 02.0000 09/01/2021 CORRECTION DONE AT KBC FINANCIAL PRODUCTS -910 PPL CORP DONE AT EDGE TRADE .COM INC. 600,000 HCC INS HLDGS INC NT CVT 02.0000 09/01/2021 CORRECTION DONE AT DEUTSCHE BN K/ A LE X BROWN CREDIT SUISSE FIRST BOSTON LLC ELEVEN MADISON AVENUE NEW YORK, NY 10010-3629 PRICE 76 .2162 0 27 .8 500 0 81.10000 27 .6500 0 DEBIT CREDIT 2,115,316.52 4, 45 5.01 1,164,671.22 671,037.89 56, 32 4.91 2,286, 486.00 131.2 3500 1,320,794.44 61.90310 131.7 527 0 7 95, 58 2.87 4, 9 55. 01 2,115,316.52 1,164,671.22 56,324.91 TEL: 212-325-2000 FM: 212-538-5540 Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00061387 EFTA01581927