J.P.Morgan FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1110 to 5131/10 Estimated Tax Cost Annual Income Market Adjusted Unrealized Accrued Quantity Price Value Original Gain/Loss Dividends Yield US Large Cap NUSTAR ENERGY LP 4.250,000 55.19 234.557 50 240.337 50 (5,780 00) 18,105 00 7.72% 67058H-10.2 NS Total US Large Cap 4,260.000 3234,667.60 $240,337.60 ($5,780.00) $18,106.00 7.72% 311,000.00 US Mid Cap/Small Cap METALS USA HOLDINGS CORP 2,000.000 15.30 30,030.03 42.000 00 (11,400.00) 59132A-10-4 MUSA SOLAR CAPITAL LTD 13,000.000 21.34 277,420.00 286.910 00 (9,490.00) 31,200.00 11.25% 83413U-10-0 SLRC STRATEGIC HOTELS & RESORTS INC 20,000.000 4.90 98,000.00 92,000 00 6,000.00 862727-10-6 BEE Total US Mid Cap/Small Cap 36,000.000 0400,020.00 $420,910.00 ($14,990.00) 331,200.00 7.68% Preferred Stocks JPM CHASE CAPITAL XXIX 800.000.000 23.26 18,608,000.00 19,980,000.00 (1,372,000.00) 1,340,000.00 7.20% 6.7% PFD 48125E-20-7 JPM PC Page 5 of 54 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-000 10930 SDNY_GM_00280128 EFTA01489101