August 30,2003 - September 30, 2003 Page 3 of 3 EPSTEIN INTERESTS Primary Account Number JPMorgan Private Bank Important Information about Your Statement Personal accent are subject to the Deposit Accounts Agreement or the General Terms For Accotmts and Services. liminess accounts an: subject to the Tams and Conditions for Commercial Accowas or the General Tams For Accounts and Services Your accounts. unless otherwise indicated on the Statement. are held by JPMorgan Chase Bank (the 'Bank'). Deposit accounts held at the Bank, including checking, savings, CI), and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or write to Om Bank if you think your statement or receipt is wrung. or if you need more mimmation about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this gateman. The address for inquiries appears below. We must hair from you no later than 60 days after we sem you the FIRST statammt on which the error or problem appeared. • Tell us your name and account number. • Describe the error or the transfix you an: unsure about. and explain ascii:arty as you can why you believe it is an error or why you need mote information. • Tell us the dollar amount of the unpaved error. Please direct all inquiries to your Morgan Account Officer at II/Morgan Private Bank Client Service 500 Stanton Christirma Road, I 'OPS3 Newark. DIE 19711-2107 We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale tran.sactionn, we will recredit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you feel an error has taken place or have quentons concerning a noneleetrome transaction. telephone or suite us within 30 days. The phone number is printed on the front of this statanent. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not bank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank. or its affiliates or any federal or state gm e rom en t or gin ernment agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount Invested. The distributor of the JPMorgan Funds is JPMorgan Fund Distributors, Inc. which is not affiliatal with the Bank. The Bank and its affiliates receivecompensation from the Whlorgan rands for ixoviding asavices to the funds. Read the Whiorgan Funds prospectuses carefully for details, including fees and expanses, before investing or scaling money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and 'Morgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not pan of, or affiliated with, the .1Morgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P.. which are unaffiliatal with JI'Morgan. are the funds' distributors and investment advisor. Reich & Tang Distributors Inc. is a manba NASD. The Barth is not a registered broker-deals. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Bole, is a member of NASIYSIPC. IRA Accounts Accounts of the Bank as mace, or ns discretionary bwenment manager for an ERISA plan or an IRA that hold Fiduciary Shares (as described below) do not bear any portion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to 'Morgan Funds for which a rebate process has beim established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee. or discretionary races meet manger for an ERISA plan or an IRA. which hold shares m the JPMorgan Funds olha than Fiduciary Shares, the Bank receives fees for sen•ices front the JPMorgan Funds but waives account fees with respect to the funds so held. "fiduciary Shares' means shares of JP/sIorgon Select Funds and Institutional Sham of the JPMorgan Bond Fund II. 'Morgan Short-Term Bond Fund II. JPMorgan Intermediate Bond Fund II. and JPMorgan Large Cap Equity Fund held in Bank trust aCCOUMS or in discretionary investment managemcm accents at the Bank held by ERISA plans or IRAs. "Rebate' means an amount returned by the Bank to the account which holds the Fiduciary Shags. The rebate amount rep:scrim the portion of servicing fan paid to the Bank by the mutual fund with respect to Fiduciary Sham. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00009400 SDNY_GM_00278598 EFTA01487836