To: epstein, Jeffrey ([email protected])]epstein, Jeffrey ([email protected])]: jeevacation@gmaitcom[[email protected]]; Cc: Matusow From: David J Giuffrida Sent: Tue 12/21/2010 4:50:14 PM Subject: DivStoxx winmail.dat Jeff, Paul Jeffrey M I Due to the lack of liquidity this week, the bids we received on the EuroStoxx this morning were lower than we expected. The Divstoxx are up today however we would give that up on the sale due to wider than usual bid/offers. The trader advised that unless necessary to sell now, it would be advantageous to hold off until next week. Paul and I will continue to get bids everyday to see if anything improves. Let us know if you have any questions. This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any comments or statements made herein do not necessarily reflect those of JPMorgan Chase 6, Co., its subsidiaries and affiliates. This transmission may contain information that is privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this transmission and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by JPMorgan Chase is Co., its subsidiaries and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com/pages/disclosures for disclosures relating to European legal entities. EFTA_R1_00208542 EFTA01831495

