J.PMorgan JEFFREY EPSTEIN For the Period 6/1/09 to 6/30/09 Important ?nitro-sten Reowangaz.ctior? Pato Socurtes (APS) ARS are debt a preromodsocurCes nCtl an ciNvest or drvderld tato rose( node...Fro an auctron Although there maybe pray weeMyand rronthly resets Ineroano guarantee:hat Mato waY Do lewdcy tt Mae are no: enough Pals et an auction to redeem the azurites ayatelclor sate the learn may be a fated axDon Ina VMS auction there a no assaancethat a make. tvd deneopa that the :covey wAfrtgle al par a any oder ;rooted:eke on statements Accorcingtr. investors shckAl not relyon citing rntormatronappeennon then statenents with respect to ARS If per hem chosen ore of the sweep nifty& Mali you we noticed that posthas an Me Rene Money Me-let Steep Fund represent hohIngs in the Striagen Ft nne Money IltarAel Fund poseons an the Folvel Money Ariel Sweep Fund repesent hadees an the JANavan FoderolMoneiMorkceFurd and pasitons m trao Tax ExemettAroyMarAot Sweep Fund yeanentID4094, in the JPVI•Von Taw E"OMII Money Market Pond You mull prOmpllyadvaeJPIRSIolmelenalonanges e your mtestrrw,tobyecOvescr Mancelstheabon Unless sou Worm JPMSI otherwise SW& rvacaade Tor ?ntormattoncuffeht/y.o Cs Ales to be compete and actuate You shout henarecervedsepwateJPMSI comermetons for each SOCIfilreitensectron AV tensacboos we seated to de kr rns and cond tons stated on the fere pestle of such contrtretons and are subect to the con:tauten. Dy-bres tuatara and nnkcaetatensot the enarkelplaoe *Nye escocuIed and go.orrect Py ant conspuadn accordance warn the taws or tho State or New Yak and at apploade federallain and ft1904O0,13 Fortner, eSarnaten men respect to convnasens and other chargesre-Wed to the on^culon of framer-dens incArdoV °Peens fransactens has been ?noiudcd ern corhinetan3 that came provouscclurneledb you Upon wntten request. 'PAIS? wit pornotly summer with the Welt sod, SeyMetr Shanahodetscd carton JPItagan Fund: are Merged a rodonpon too cquatlo 2% of the proceeds 0 they orchangeor reclean sharesor such funds wthm 60 days or purchase subyect b ctetam exceptions set lath m me prospectus of the eoplcabeFund Pbaso consult yaw JP Morgan tepresentanvelor a ht or the JPNagan Forth that meosen.S...44nkas JP Mayan SCCLIN,SIM JP.VO'94n Chase Sank NA a ;her af1.takd (ttra VP Morgan Compenes) may weede edmn...;fralwe cuzicdisi sales. <fist:then a share not Pa sec vices to JPSAaroan Funds Amercan Conlin Fords a funds OSION4hOd sponsored dneed a managed by NW pages and the JP :Ragan Compene (nay De Compensated lot suet? servoes Bank products and sconces we dieted /Nowt/ JPMorgan Chase Bank NA end ores efiteles Secunlw we offend by J P anon &antes Inc Page 9 of 9 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00006585 SDNY_GM_00275783 EFTA01485300