EFTA Document EFTA01487915

May 29, 2004 - June 30, 2004 Page 3 of 4 EPSTEIN INTERESTS Primary Account Number ®JPMorgan Private Bank Important Information about Your Statement Personal accounts are subject to the Deposit Accounts Agreement or the General Terms For Accotmts and Services. liminess accounts an: subject to the Tams and Conditions for Commercial Accounts or the General Trims For Accounts and Services Your accounts. unless othrinue Sims-non the Statement. are held by JPMorgan Chase Bank (the sliank'). Deposit accounts held at the Bank, including checking, savings, CI), and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or write to Om Bank if you think your statement or receipt is wrung. or if you need more nomination about an electronic transaction on a statement or receipt. The phone number for inquiries is printed on the front of this gateman. The address for inquiries appears below. We must hair fmm you no later than 60 days aria we rent you the FIRST miteman on which the error or problem appeared. • Tell us your name and account number. • Describe the error or the transfer you an: unsure about. and explain as clearly as you can why you believe it is an error or why you iced mote information. • Tell us the dollar amount of the suspected error. Please direct all inquiries to your Morgan Account Officer at JI'Moigan Private Bank Client Service 500 Stanton Christiana Road. I MM'S3 Newark. DIE 19711-2107 We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 batmen days for transactions outside the U.S. and point-of-sale tran.sactions), we will recrcdit your account for the amount you think is in arm so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you feel an error has taken place or have queitons concerning a nonaleetrome transaction. telephone or write us within 30 days. The phone number is printed on the front of this statanent. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not bank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank. or its affiliates or any federal or state gm e nim en t or gosernment agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount Invested. The distributor of the JPMorgan Funds is JPMorgan Fund Distributors, Inc. which is not affiliatml with the Bank. The Bank and its affiliates receive compensation from the 3I'Morgan Funds for providing aavices to the funds. Read the li'Morgan Funds prospectuses carefully for details, including fees and expenses, before investing or smiling money. 'Morgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and 'Morgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not pan of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P.. which an: unaffiliatal with JPMorgan are the funds' distributors and investment advisor. Reich & Tang Distributors Inc. is a manta NASD. The Bad( is not a registered broker-deals. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Bole, is a manlier of NASIYSIPC. IRA Accounts Accounts oh' the Bank as mince, or as discretionary investment manager for an ERISA plan or an IRA that hold Fiduciary Shams (as described below) do not bear any portion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to 'Morgan Funds for which a rebate process has been established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee, or dimtetionary investment manager for an EFUSA plan or an IRA. which hold Ala/CS in the .1I'Motgan Funds other than Fiduciary Shares, the Bank receives fees for services frau the JPMorgan Funds but waives account fees with respect to the funds so held. "fiduciary Shares' means shares of JPMorgan Select Funds and Institutional Shores of the Jl'Morgan Bond Fund II. JPMorgan Short-Trim Bond Fund II. WMorgan Intermediate Bond Fund II. and 3Morgan Large Cap Equity Fund held in Bank trust accents or in discretionary investment managanent accomas at the Bank held by ERISA plans or IRAs. "Rebate' means an amount returned by the Bank to the account which holds the Fiduciary. Sham. The !visite aroma mimeses the portion of servicing fees paid to the Bank by the mutual fund with respect to Fiduciary Shahs. Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00009479 SDNY_GM_00278677 EFTA01487915