EFTA01511884

05 Account Number FINANCIAL TRUST COMPANY, INC. May 01. 2005 - May 31, 2005 JPMorgan Chase Bank, N.A. 2005 345 Park Avenue, New York, NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 9 of 13 In Cele Of Saran a Questions About Vow Eleveronle Transfers. Contact your Morgan Timmer one of Me telophonenuinherson the front or the Stetemenf Or ranee us N500 Stanton ChriSheneRCed. MOPS Newark W10713-2107 SS soon SS you can. it you thrali )pry litillement is wrong a /you need ',KIM orlarrebOntitcol# Wenger on the steternitn1 We must hew fieenyou no Ws than 60 days eller we Sent you the RRSTstotement on which the over a problem appeared (I)TatItss )W on and account minter (2)Oesaabe Me errors, the &warp° se unsure about and captainss threrly es you can Shy lass teteved is n ena a why sou need mat Afamebon (3)1ev us the dolor *misfit of Me suspected ena f you contsa us asiey you must sender you sarpteinl a question in noes within 10 Ountiness days in ceder to ptesemmourtignts we we onveateseeyourconpantand wet cceectanyetiorponpdy If we take nun than 10 business deys to do tius (20cPsyster purchases using your debit cards b rilernationsitronsactions)wo wit credit pot amount for Ow amount you bunk a n error. ao that you wed fin the use of moneyduring the time N Wee us to complete our inreshgetcra in use sientnt a quettiOnt (WOW your siatenWmf, Motu*, yarrow Of credit If ycv Minh that your SNlement is in:area a I you need mae inform/ASO° about a lisisSeCten en Kat stele/we reAnting a Aar of CMOS trensattrOn. you Mai %vie IO 05 One 3BOVVeSneat *Wang the *nor and send e to JPAkigan Ft trateetenk 500 Stela, CivistAana Road I/OPS3 Newark OE 19713-2107 We mat hear from you no bler then 60 days once die statement on ranch the area problem appearedis sent You can collect yea chant servicespecoletbut dery so rill not preseveyour nghts In your Mlle. Osseo's:undo the foaming intonation Wyatt ore and account manes.. (2) the doite amount a Me suspected taw and (3)e de:Say:tow athe ena end eiphinaton it you ten shy you bekne there is Nara If you need nose mks/rotas you must doss/ Koh* teem you ertninsin about Important MI emotion about Pricing and Valuations Markt( vs e onformolOn OnClud rig w.trotr: inNteion pica eicherverates wowed excene and tend ratogs)Agriehed heron hes been Meow, hem buttes that the Sank tenevestO be reboil* and turns nod for The ev(JLan.uSe or the dent Thf. Bank metes no roprosentefron wsvantyor guerontoo einssot npkd that anyQuoted value represents the wive:tarns et nisch transactons a socursois mold te bought a sad a nen transattons could be entered orb a the actual ems on which e. oleo banes tons a securities could be liquideted The anent Free is Me yeAreol the finencoloszel share unit a contract es nod et the closed the market on me last day& me stsiementpeerod a The Lost ave4obbace AA ratios provide:0a studiedd roll deposits Oa ovanwle. Allita don London Time Oeposits)renect the arra, dodos< amount's, Theanent vallota RealEstsee Missal Wore= and MiscollanocusAISOU may no reflect the most anon:rakea Meas.:it 1laintionsot isAnuthe-counterdeinahvistransactons including. sedan denvetveshoblectleposit products are been prepereden a intro/AO boss These valtratons are inclanve values as of the close of business a the deb of this sleterron4 and except as ern:raise ityeed n .vritro hese vauatonsdo not representMit *awl terms at which transeCtionsa sectirdeSCOuld he toughies *MOT new inMilictOn3cOutt CO SAWS vita a the fl u& tErms m ranch *sang bacesctmee or seevntemostef be Wedated as of tie dale at the St33"In't We do not hAn ai'llnAT hicollioNnhos a InlcalkY These v *batons we darnel Ilan ONO* sfYlnodels bead upon wilge•COgniedftnartai3OunCipb$ and we heat, when neoessaAt celciAsto the present yaws, future aish noes nveloroasonaek, ostimatoi *bout rebventfuture market condeons Vislutkons hosed on oar models a deferent assumptions may pied dif drag results Noreen expressly duciarns any ressonstrity for (I) the accuracy of the model: a estimates used in darnng the valuers (2)eny enas a onvitsons an compirlind or dsseennetin; the volustons and Many uses to nisch the volition:mare pul V. nnseroptordedta Atormation purposes onhi end we iNended solely tre your awn use Fleas. rola to the trodownfreretcA foe details a each Sionsaelon At )0W MOWS( assets may be reflected basun e'en though theyereherd bye Mrd poly unenVeslednith JPtbgan In such case unless JFIlletoen ignorers. egret'& JPMorgan has no responsbAty kr the reofcators valuation sateseepswct manepementot those assets Pk...serene wyour steNment carroty end report anyclisCrepariatoirnmediedelyle en account officer whose none asp 'ran the contact pelted MC statement The JPilloron Funds or The JPMorgan Mstituriona/ Funds Or The Amide-anCentury Funds Shares of the funds Mena bank depcmts end me not oaten feed by Soy Dank meet/went entity a Me FOC. Return end Nun Nice mt, kclusle and redeinteCn NINO may be frCre Or KW Men original CON Wu* the money mdficeliff,(13 3.010 nbrnta'oe oboe net asset v844.00151 00 per share Nereus no Sliisirente the: they rod continuo to do an. The estimated annuohncome end dvdend yet t)gcres fa meow funds representthe funds' most recent incomedividend annualized The &OSSA*, of the JP1forpen Funds it fl agon Distnbution Services Inc. vonicn is en MabelNoikrgen Chose Bonk. NA JPMaQM Chose Sank NA and da aneatesresewconeensebon torn ampan Funds for provdrN some, Amman Century InnustmonISerhoes, Mc a !Mclean:N.0a of the ArnonanConturyfunds Amnon Contu-ylnivehnent klennementInc servos as innusbnent adviser to its roamed.* fund braNand tecomoscarpowiseeto even that fund family b crowdinginvestment artresayend other swoon. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037721 SDNY_GM_00306919 EFTA01511884