EFTA Document EFTA01512231

JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY, INC. Account Number: O 78805-00-1 November 01, 2007 - November 30, 2007 JP Magee Sea:Totes Inc JPMagen Chasegenk NA a the, a/Metespc. Mogan Cothoenealmayptovaleedmoustrahre custodhs sake MO enexn a sharehadhstevoces to JPMorgan Funds. Amer/can CenturyFunds a fads calabash& sponsored &Nate( a managedby Med paths end Me Mown Companies may boompansased by such mmo& enwanation Of JPICIRalgtgs: JPMagen uses the NaNung 'sing system Overweight: Paw the, nets& to hvelvemontlm we expect this steal( wi I outperform Me average total return of the stocks in Me shays?", (a the an.* sra teem a) coverage unease Nowak eve. me hart sag loaner* means we meat This sere wrnpalam M one web The *vane Iota Mean et Me saxes .a ate eneysts (a the analyst's leamN &verve Genets* uneenveigN: Over the net s& lo hveke months we expect this stock me undemperfam Me average NMI mean of the Naas .n Ms weals (a the analyst} fearrts)caretage inverse Independent Research Ratings: JPMSI does not codas* a CatinniSeadop: the InciseendentResearchP matt resevm rasa 'en?: Cdteterdirrn: use a wanetycl tangs term as atlas differentatngs sysbnu to deSaibe thee tecornmenciations we: a iculitotaaNNa systems' describe:lobo* naPs may use addluvenf reaps system such as as an labso/ufe-wthal system and use sect terms as 'buy" Mad' tfer Save 1 etstveand labaauleralmas syskenS se iltexikenendeVeydffeenf you shOu‘i,eed teendily derWOLS or se ratan used m the JPMSI end 'RP foiltiven that a OO149 in Hie nisowchitse11 Fa Ins ,e0s,a, and acre the heetech chetahs Me bests la The reales as 0.0 as complete inkanaeon concetang Ih1 anaysts aews you Moue reed caomoy the mateech and no; ,rikr ds cco&n!s horn the retvg Mare JPVcroan Awed e Ilard‘ s the Miff isetingi name fa the tamale Mang bus nest conducted by J P Morgan Chase & Co :Nage, is StsbinhateS nodded* notand JPIAcrgan Chase Rank NA.. J P Mown Toot Company NA and .0 P Woven &scathes Inc Page 10 of 14 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00038078 SDNY_GM_00307276 EFTA01512231