EFTA01519873

J.P.Morgan GHISLA1NE MAXWELL For the Period 7/1/09 to 7/31/09 Portfolio Activity Summary - N Zealand Dollar INCOME US Dollar Value Local Value Transactions Beginning Cash Balance Current Year-To-Date Current Year-To-Date Paned Value Value' Period Value Value• Ending Cash Balance • Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - N Zealand Dollar INFLOWS & OUTFLOWS 0.00 0.00 Settlement Date Type Description Per Unit PRINCIPAL INCOME Amount USD Amount USD Amount USD Currency Ouantity Local Value Local Value Local Value GaIn/Loss USD 7/15 Foreign Interest NEW ZEALAND GOVERNMENT -NW 95.000.000 0.022 2,108.55 7% JUL 152009 0.035 3,325.00 DID 07/15/1997 HELD BY EUROCLEAR ISIN SEDOL 7/15 Foreign Tax Withheld NEW ZEALAND GOVERNMENT -NW 7% JUL 15 2009 DTD 07/15/1997 HELD BY EUROCLEAR ISIN: SEDO' TAX WITHHELD NEW ZEALAND 15.00% (498.750) (316.28) (498.75) Page 22 of 31 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00047179 SDNY_GM_00316377 EFTA01519873