EFTA01511825

01 2005 Account Number FINANCIAL TRUST COMPANY, INC. January 01, 2005 - January 31. 2005 JPMorgan Chase Bank, N.A. 345 Park As enue, New York, NY 10154-1002 1''JPMorgan Private Bank Asset Account Portfolio `ace of %. The 0Worpen Funds or The 0Alotpan Institutional Funds or The American Century Funds Shares& the funds are not ban* deposst: and we nor guwanteed by any bank governmententity a the FCC Return and Mare pen:em0 Mduab and fader...Jon vaterray be noea fuss than cognalooat 14Wethe money market funds seek to mon:arn e gable net asset is...tealSI 00 pee share Mere,' no assacencethat they waY conbnue to do so TIvestenatedannuannorme and dfidend bevies fa mutual funds representthe funds' moat recent mcome dividend annuatqed P Maven Funds DetnhAcr Inc a me dotobtoPY of the JFIVergan Funds and Amtve,anCenhay Investment Senxes Mc N the doetbulcr dMe Amencan Century Funds .1 P Motown Investment Afanneensnf Inc and AmeranConturyinrostment Management Inc sOrveas innatlynded adviSUe$10 therrrospectruelund (amassand reaveeCarnpennlion NOM theneanctive fund farm Ie9 nor prorodng 0mM/sot advocry and Mee saves It eo nem ctoaen 000 ut the sweep nvtuet folds )ou we rot✓ed that potarons in the Pump Money Market Sweet Fund represent holdonMI n Ine JPMagen Rano Money Market Fund palacos in the Federal Money Market weep FUnd terfaint Wand. 0 the JPMorgan Fedora/Money Markel und and Astons in the Tax Exempt Money Valet Sweep Fund 'apneaholdings m the JP.Movan Tan Exempt WiryWoke Fund JP&IShs the custodian of toted options and most mutual fuois, nctudon; thrd piety mutual funds pWch040c1 thrOugh JPMSI JOMSI a a mafnbe rot the Securges IniestorProtacbcn CopcvabcorSIFC7 a notay.protamernborshocceporstron funded by brokr.dostfirsfevaterednith the Swathes and Exenanneconsson Socurdwn and cash held kr • cuskynor account at JPMS&ue protected up to me loW not aq‘ntyol own account The fast t500000 aproecbon wench inchtles up to WO OW afro:echo" ter cash. worded by SIPC As at March 2004. the balanceot the protection a premed by a satparOsExoessSIFC Surety Box) issued by Cottons Asset IN,Lchu. Company S/PC and excess &PC peotccton do not protect against bsses from fluctuations in the 'areal Me securrtes Assets held m costae? by J PPA:rgan ChaseBank N A (the 13ank,wena! subset So StPCa excess SIPCpm'acton J P Morgan Secuqies Inc JPMcrgan Chase Bank. NA or the, atfAeiee (the Woven Co./wanes I may provide eirf".9.10VO. ass big( seas dedInbuttOn d shYablderseuvceSto JPIRrgen Funds AnleraviCenfury Funds a funds estibitshed spOnsCred &dosed. Cr managed by thrd pries and ;no Morgan Companies may be compensated for sxh services fAlavan Pneato Bank the mori,onng romp for two pervoto bankma bus.noss eocdxted by I P Morgan Chafe It Co thnsach its suesdanes aorldvide. JPMcnian Chase Bank NA JP Morgan Trust Company NA and JP Maven Smote: Inc Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037661 SDNY_GM_00306859 EFTA01511825