EFTA Document EFTA01512397

JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY, INC. ACCT. For the Period 9/1/08 to 950/08 Equity Research Ratings Independent third-party research is available for 18 months after JPMorgan Securities. Inc. (JPMSI) terminates coverage. Clients can access this research at www.MorganOnline.com or can call their JPMorgan representative at their ton-free number to request that a copy of this research be sent to them. Equity Research Ratings for any company where JPMSI has terminated coverage are excluded below. For explanation of JPMSI ratings, see disclaimer section at end of statement. For third-party ratings systems, see specific third-party research at wvew.MorganOnline.com. JPMSI Argus Research BOE Corporation Securities Morningstar Renaissance Standard & Capital Poor's APPLE INC. AAPL TWEEN BRANDS INC TILJB NEUTRAL 5 stars 3STAR Hold NEUTRAL 3 stars Account Page 6 of 11 Page 7 of 18 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00038244 SDNY_GM_00307442 EFTA01512397