EFTA01506895

03 Account Number FINANCIAL TRUST COMPANY INC March 01, 2004 - March 31, 2004 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 85 ot 88 The JPMcupen Fund* or The JPMOrpen MedfuTionel Funds Or The Antillean Century Funds Shores of' the lunds are not ban* clepzests end ere nd guaranteed by any bank governfrententity a the FCC Return and shaeprte a+0 voterrey be m:re cf kva than cogns/cost NMt the money morket funds seek ro men!an e stable net asset verled SI 00 per share theie4 no asawancethat they wArconbnoe to do so Tlwestanated annual income and dvdeftd,net 1 figures la mufti& kinds reptesenfthe funds' moat recent mcome dnodend annuaW.ect JP Madan Funds Datnbuicr Inc 4 the deekbotcr of the JPMorgan Funds end Aneran Century investment ~es /ne 4 the distnbutf tithe Anenorn Century Funds SP ,M øn Investment Menneensnt Inc and Amercen Century Investment Management Inc ~yeas irra ecnnsca to Mew res,oedrinel end amxteu end rece4ecornbeesebon from ve3CoCtive fund lam le9 for prmicIng .1~brent edytEryend other seenced tt yOu liens ~en one of the inn° ~yet funds you we notned that pcertons m the Rae Money Merket Sweep Fund recresent nutlet» at the JPMagen Fetme Money Marks( Fund pcneons in the Federal Money Mine/ Sweep Fund te~ hob®, N daa JPeAcrgen FectorelMoney Market Fund and pashons in Me Te. ExempttlocwyMenerS*,00FenetretvesenthOthn93 in the JPIAOrgen Tax Exempt WM./ ~Mr( FuOd JP1aSi 4 the custodian dated options and au mufue funds ~chased evoLgh JPMSlercludr4JPVcroan and Am sncanCentu y funds JPM945 TWrt**C4 SOCW441.1fitaiStOIROftetCel COrpalitfOn(S/PC7 • nob/la...profit mornborshpccepaation /unclad by brok*ranipisrogd»rod thO SOContn ExchOrt.COrMNSICO SOCursfin and Cab &Mkt., 0,440~ account at "ISI of o ~acted uP to the Kai nee •04nfrateach •ce~ Thelest WO 000 IN Diablatxv, the,* oCk4eS uP 101160000 cip•otochat far coin. pavan by SIPC As or ?Arch 2004 the balence of Me pronecbon 11 prOw did by a »peals ExcessSIPC Surety Bond .ssues ty Cottons, Asset Profectson Cryan' , &PC and e•cess &PC potecten done! protect dna,nst kisses korn fluctuations in the he kneel the securrMss Assets hedm custody by Jlotkedan Chase &Ma ttanli)on not subject to StPCa ewes: S/PC ~Ion JP Mcs(a Steurr:»9 Inc. JPIAroan Gres. Bank of mer ef 'MatesMe 'Morgan Cornbenes1 nay aovdeedrrnebetve cuslocrei sae. des:neuron or sheenCIder s wsces b JPMorgan Funds. ~en Century Funds or funds Agat4Sheid sponsored adman or Mand9Od by thrd pats and the Morgan Convenes may bo compensated for sch sonnces JPMovan Pryor., Bonk o the ~ohm; name for vas pnyafe banking buz.noss ceceltetod by J P Morgan Chase & Co mugh its suesdonos ~wt.. inett.d.ng JPMorgan Chase Bank J P Morgan Trust Company NA and J P Morgan Secuntes Inc Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031884 SDNY_GM_00301082 EFTA01506895