EFTA01511844

02 I2005 Account Number: 166759021 FINANCIAL TRUST COMPANY, INC. February 01. 2005 - February 28. 2005 J.P. Morgan Securities Inc. 270 Park Avenue, New York, NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 14 of 14 IMPORTANT ttiFORMATION ABOUT TOUR JPMSI (JARGON ACCOUNT OT ~rh are ONNA OT ortssons art obsstatetnent,Ortfyou hATO totri Wanend ahorn Itpleno carte« your JPMSI Account ReplOSWISIIIVO or JPMSI CoropMenoe Oepartment RIO 483-2323. dkase keep Vn folloyinp rn meid where ~di Ons daterrlenf lo back >out JAMS brcherege ectroty This Sternen' CombineS >Oer genera/ meen *dood oen do special memorandum account requied by Secton 220 6 RedAstion T As rept/eed by Restubton T. a permanent redbor clo' sepdate account is ~Wade icon yorr requeel. Important trilennetion abop, Pricing and Yaluetione. Poene sonre of ofte, are fnended by dong ~ces a ode< screen shrch we deem rehsde re not gusionteed fa econcy or ss reeNebre velum Free osedd ~snees more acoounl we not sedegoted and mee be osed d die opa ebon d JPIAS0 bonten subrec t b Me binteezns of SEC Rob 15c3-3 Uitloos aten ea° .nstrudect JA...Stoots ogend ani &po:Acnes me had yod sectetes Upon Wei dement( 'PMS, oir pey b you ?he erfleen( oryx: tree Peda betona end weid detNer to yOu foopped SeOzosbn hekl on yxve beitel InSonsof ~Oe deged on en), dets4 Detam*. Me memo' of cekuerg intrest d dezdtbed i n e teder sent TO ad rnarod CliatOner$ Upp, weten neuneet JANS Willaspply 7w vod od nattend statement ~Meid to be tunnhed to arstods under SEC Ruk 17.5(0 We penter elegis mede xW reept« ben uwe dieet:leen nntluded m your Margo Account ne vnl? *Abc.* the cd bye ~hal we asem tsar endduider, You sous have reCeNed zepende a Sr Pede cOnttmetrono kt drol secvnbes Isensochon AO Inw.:wens» ace sutoeCt to the lento and coodkons seled on tne redde arde nt sunt Conlematord end are sub.ect to the Consb0ton INAtwo cvolono and raapredehons d the madetploce snee exoeteed end gehemd by end COOSPuedNocoserfanco wals red ion of ren state ce New Vak and fl oppleorNe lodend Iets and repurs ons You must gom" Write JIMS/ ot meeat ta nges in )our ~stmont obfictvos a Onani mtvarco Unies. you Mam, JPA otheroose JNM/ tva canada wo ~ode cdrenelymrts rad to be conobto and hoedde JANS! ty ~oord by Nv to node to the Intrend ~oe Senax .roderlods erera Wendt woone on bords ~4.1 to nut eccount duro ~new yes Pleno reten Nl yxa statements »assist you m ~pond dor omme to returns A haanpal slotwoord or JPMSI ta (rearleble lor yxve poncho! enspodon ot Ns "ot aa copy d R wie be ~At wort love enden nood JAMS! d nol • bonk end d e separate legal enhy kom dta bank o tent ffietos pardon JOACB The sondas sok" ~d a recommended by JPMSI (0 An not alaam( by !he Pedant bepoot Instoom Corpora/Jon or en>, des governhentot agency (2) Are not deposits c ome. °Wroetend ce JPALSIO bank or Molt affrOttos (unies, odavose odrcedrx1). andere not ouerambed by a the responstOty of Jury ach edAystes(unless expAedy stoledethorose) and (3) ~e pyestment emirs .ekoring pootte bis Cri the mops! toestel JITTASIY betoog affiOates may be tenders to uwen oe ~team Viel JAMS, undenwdes m vehon oase dopend, d olenngs unddwohen by JAMS, nerf be usa( kt Ine regenvnere ot arob loom and you shawl:treed b the decbsere OCCemenfe nSeeng b gektes securtes lor ddousson of evy such tenders reNtonohyrs The Peddel Resene «rouges Vuil !PUS/abten., >oor consent beide pl oen &don certan mbnsten bands bank d medel ordystes incerchng eter de« eyeruabon d >op We no 1 *dom, thelyour oord/nors to frensed busvent rti, JPMSI wet conshtude your ad Sent to !he *hoog dooit intoonston by ~Si and ten borg d tref edit lords dient poondredby kor JPAlergen dode Molk d te modern neme tor te portee besteg donna eardcAte0 by J A Wegen Chose 6 CO ristoug6 46 outodooieo 0•446ork rockdeg JPMCB end JPMSI Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037680 SDNY_GM_00306878 EFTA01511844