OT/CT Start End OT Y DM 5/5 17:59 OT/CT Start End OT MC 8/8 18:06 MC 8/8 18:06 MC 8/818:23 DM 8/819:02 DM S/8 19:02 DIA 8/8 19:02 ( I Annuli) Ø8I819:02 129 NORTH Y DiA 8/8 19:04 OT/CT Start End OT CP 8/9 08:53 CP 8/9 08:53 811 NORTH CP 8/9 08:54 12 11 SOUTH 82 Y CP 8/9 08:55 O

olts of the offering. the runt, hae riot been are will not be resistere0 with any resulat ray authority in St. le.gb and News. Each investor :hotly !Annuli. his or he legal totes& or ;sues:titan( or fewricial auiseor lot adyiue on the carious legal, tax or economic matters ix/meriting riot or her invest

reapnembiLay silk amino 23 The desemon of 11( AllUal Ail aid imam he fan in royal OmYllk14 m "manna Rau., 3 allIallIbLeal.Selmilmk. 31 Shoal die Annuli foe any awn AMMIT berate a ail. the Mill.MCAMM• or the Fliphl &khaki benne einpable of tralenano, n ciairetina all it psi of doe 141.1 Schohale. ere

55 469,350.55 0.42 Prionberlebb Mark« Value USO Feb a 462,406.00 462,406.00 469,350.97 462,406.00 Tax Cost USO 500,118.29 500,118.29 WOW«, Annuli YAWS Income US° % 4.66 0.0 4.66 0.0 Asset Allocation I 100% Cash and Short Term Income Summary Dividends Total This Pelted USO Yew ban U

°volts of the offering. the runt: hae riot been are will not be registere0 with any regulatory authority in St. Kea and News. Each insandor :hotly !Annuli. his or he legal tasurisel or ;rue:titan( or remit:nil aOseur lot aularice oft the 6rsrioLs legal, tax or economic matters eincerning tit; or her sn

gust 31, 2005 JPMorgan 0 Private Bank Asset Account Portfolio Page 5 of 12 Cash and Short Term Summary by Maturity Conant Atarnet Van Earners Annuli liar* USD use Cash 227,099.19 7,812.21 Total 227,099.19 7,81221 Current yield is displayed for instruments with no maturity and Y TM on mark