EFTA01511728

05 IWO,' Account Number: FINANCIAL TRUST COMPANY, INC. May 01, 2004 - May 31, 2004 J.P. Morgan Securities Inc. 270 Park Avenue, New York, NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 14 of 14 IMPORTANT INFORMATION ABOUT YOUR JPMSI MARGIN ACCOUNT If there are any cot's or OmfeelOna on This Stettment, Of If you heve any gonadal about 14 plane COONCI your SAM Actount Representenve or JPASSI Compliance Doped:Mtn( at (20 483.2323. Please keep the fallowing n mod when tang this statement to ha yea JAMS: brokerage seedy This statement combats you general maga ac cunt nsth the spec& memorandum account required by Section 220 6 Regulatan T As censored by Regubbon T. a permanent record a )04T separate account u eriaastge open par request Minoan &formation about Pricing and Valuation& Popes some of newt seprovided by prong wooed a other sources each no deem reAsbie ere not gustanteed *cosy or as reeaziake values Free credit Ostances in >Oa account ere not segregate/and may be used in the openstion of JPMSts bosons suateCf 10 The knaguns Of SEC Rule 15033 Unless aboard° instructed. JPMSI ads agents and deposacnens rear hold yon Mounties Upon yew detrital. JPMSI wiNpay to you the amount of axe free Peal beano.. and w.Idakpf to you foonad mambas hekl On yOuf War Intern( loll be chested on any debit balance the medqd Of oekulating Mtaeala descabed ma Mier sent to all maga custonws Upon wan request JPMS1 *resupply you with ov nest recant statement required to be fanged to Customers under SEC RS 170-5(c) We petal Cell rs made with respect so en Issue of socuraes included in axe Maga Account we wawa:cake the cab bye method we doom fared notable You snood hen mooned sopa:goSAM trade contanebons each 'aconites transaction Af tarksections ere subject both* ems and 030d41003 stood on Zr. reverse MeV a such conametains and wo solvent some consbtuton bylaw* ad toms and riarprotetans oldie rnwhshasco n /Ito executed and governed by and construed a accordance wan the laws of the state et New Yin and fa appacabla Waal dens and tegulebons You most promptly Was* JPMSJ d metal changes in slur mantmont obpcbeas a Mama/ *Nation Unless you inform JPMSI othorwasi JPMSI rag consider me marnabco canon* in its tiles to no cornOte and accurate JAMS! SS moused by law to rent to the Internal Revenue Sows as tadend s &afar interest swam on bads credited to your account Arno colander yaw Please reran sewn statemenb bass 0! you in aced tag your acme tan means A Tacna a I statement of SUSI is evadable f cr yoke personal superb:a at its alkyl of a copy of it wit' barnacled uPznlytir waren request. JAMS/ is notebook and is a separate legal entay from as bank a hitt affibiee: motakno JPMCI3 The sancta sad ollsted a recommended by JPMSI ft) Are not ms ed by the Federal Deism, Insurance Caporabon a any other cover anent& agency 0 Are not deposits or other' obAgatons a JPIASta Desk or Ina antidotes (unless otherwise adhrobd) and ere not gawanksed by or the responsitntrly deny such offasko(unless malady staled OtherW CO) and 13) knave *vestment risks eakaang coast.. Joss of the pinnace invested JPAISIY banking affthates may be lenders to issuers of sect:bed Met JPMSI underrates in which case proceeds of casings underwritten by JAMS, may be used la the repayment 0/such loans and you shout fee to the dcobaee documents mastag to partatilw mattes fcr discussion of any such kmang reAsIonships The Federal Reserve recur es that JPMSI Obtain yaw Consent Deese a Can Obtan Masa af of inelan band, bank Cr Wit *Agates. incilidag ear credit evaluated Ora We resT assume that pat contemn° to transact b11$.0039 'U. JPMSI wix constitute your con NMI to the instep of such Infer mown by JPMSI and its bank or Wet aff6SOS. alt' enfant isernattal by law JP4lorgen Fatale Bonk r the markong name fa the pinta banking DIMOND conducted by J P Morgan Chan 6 CO though as erbadaneS waldnde inaloand 'PUCE end JAWS' Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037561 SDNY_GM_00306759 EFTA01511728