07 2005 Account Number FINANCIAL TRUST COMPANY INC July 01, 2005 - July 31, 2005 J.P. Morgan Securitics Inc. 270 Park Menne, New York, NY 10017 fl JPMorgan Private Bank Margin Account Portfolio Page 18 of 18 PAPORTAIVT INFORMATION ABOUT VOV* STA TFJPENT COMO« yOur <Mfl ant* SpeCteetit It yOu ~VI yOur ~~~t Si ~~~ Of yOu /Maria •40~~ IMOMMthle ebOut • treflettOrl Of I yOter~e~~ JNISI is e meint:ed the Seconbas knysta rProfecton Gorporabon eSIPG") e noProPproNmembers~ccrpotabon frOed by frokerdeelventsleferfroth the Svertesene ExchangeGurenesson Seumbes ond cesh held fora tustene eccort el JONS!~ profecled vp to tre lotet ref oputycr ~h eccort The Ust $50C1000 c<proJecton wOci, incluess up lo $109600 ot ~en Mr case o provelod by SIPC As ot March Xi04, the eatiteueof Me pr~cOon e piorded by a ap✓aYExaasSlFlC Sure/yBond tasuo0 by Customer Ass., Probcfbn Company SO:C red ora:iss51PC protesten do rue ~kul estainst tasses from Auctoebons ul the vatt/co/the ~antas Assets hedm custody by JP~rgan Chat* Ork NA (the Sentt")~ not sutpect lo S/PC cf ex= s &Pep:040~n P Urnen Securees Inc J~oroen Chase • ark NA or theraffeetes(the Worgan Grtporeter)inaypicrUeed~~C~Cdtfte seles doestonen shenehotdorscevetesto Aoleergetn Fonds AmeconCentuy Fonds or lunds «Ublu!~ spre:~ «1~ or ~mord by flod pattes and the Modn Gruenes msy be eornpenseled la sur senat IMPORTANT INFORMATION ABOUT VOUR JPACI MARGIN ACCOUNT throu enT wen or rooloolOor n thir Srarg"." Or St TOIr tare ny Ottesttons MUNE it, pletno contact your JPAISI Account Representabve or ~SI ComPt~~ DoPortment at ~ose &bo ~ lottowyo ~I oden isong /ho sloSnot b back your JPOPSI btreragoectiv ty The stelement contmes imos penere. ~vin ~ert v.& the specalmenetanOwn «cote. regured by uNturt T As ~good by Reoulebon e peenweatteconfot yoor sope, ~orer, o ave~~pon >utemmet Important tatomietion arga ~Mp and ~etle« Aras some of *hr roro ptorecled bypomp sieruces ce ~er Santa *hb,' n dean reasble ev not gutere:~ for accurecy or es reekzebe veives Freecredrt ~entes en yarr moare ~not segregated and may be used in the op:aberof JPM9s business suepect to the Ørens cd SEC Rub Ibc1J Untess ~rase naute! IPAISlce As spett and depostes wol Øyar spante, Up>, your demoni JAMS w,ipyto yOu the amor; d yOut kle aede ~lett end w,Odewwb 1.0o tery-pildsecuotes NSI On yOut bene« Inloreet w4 be the/peon ert deb4 Stemt the ~6~ ot esiculding ettot ~nite, e bas, sen( b ot~ ev:toeren Tau shoukt hem recredseperateJPAISt conlernebons for oach secuotes Vansecten AOtrnsade,s resuØ b ab lernu end redere sts~ on the re~~~ or ser confirmsbees end aresuty~ b the pre/etm. bylass cusbms ØmMsveatonsd the ~~~~where 'haute.: tal ~nede, end COnSerue0 otecvdooto hvin', the lena tb Stele or New Y.» and et oppoosNolocioraOstra end tootAflons Furtherinformstr mfn ~pest to commers and antennes utested lo Ille eoeuRion ot transacboos ~ing opeons Pensa:bone has bor mclueed confrmeeons :hat ~ro provettsepturntshed to you Upon ~Neo tettast Jrnot4St peorrpny supply y» ~h the last such snIcr~bon He pertalce0 nottlei~ ~tatt» mate deabes inclo~ ~ }uer ~egn APPount sne od Montana «ø ty • ~hal 11.0 doen, /armod equoble *ente! promp* elvesJPSISIdnavelcfranosa yxe montmentc~ches Or feencriadeabon V/MMayOum{amJPMSoHewvse.JPMSwRCOnedwY,eMamlØørnbylnesklMfobe ~Øne ard accesale "'Sl a ilal e bank syl ise separate legat entify from At bank 0, Vrir "Wen mcluchng JOIKE, ?ne seer!~ sutd "red er recommencted by ~SI (I) An not ~ad by the Fecletal Deptert Maurane. CorpOret~. el an) orner go,errmnlw agency. ø Are not Seoul, or aller oblgetens ot JPIASts benkar VM ~ho (urts ~mose ~tutl) and re not ouerenteed byr the reapcosetety dalry sur afMeSes(unbss mpleety st tad ~ane) ond (9) ~0~ «veet, ent rekt. intrutteu ~OS KOS 0, the pirib,o4 Kw...sted fireAS16 bantu, sagaes ~y be lendets to ~e ol serai/es aret JOUS/ ~et, to whch esse yrete** cl "flogs urdaworen by JAMS ~y bo esel ~ the remmene& ~h bana sod you ~ull ulet to the dockoute cfccuments rotere to ~celt 8~4~ Ar discomoon ol avmåta landing reioNzoolbps The redere Utoserverequtes the, "AS/ obien >out cone~ Oetcr~ can obtao ~tan infO~I~ ban 13 bank &Mort •~4~3 opera Hal CPI6f ~betona yde Wo xuv osb are MO:~ COnanuing to tranen bustne.ss sne t witiconsttude >ourcon-bot to the ~vov ot sur ~bon by !PM& and es banko. ~N ethAetes b the ee Not perrrelled by~ "loven ~ete Benk ts Ja ~enn.) nome fr Ib pota banking buSMOSS Conelutbd by J P Magen Chtue 6 Co rntough ds subspes ~ale incluctug JPMCB end *5551 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00033372 SDNY_GM_00302570 EFTA01508185