Cr Si 6f Alt d& /1 For the Period 12/I/11 to 12/31/11 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Beginning Market Value Ending Market Value Change In Value Estimated Current Annual Income Allocation Asset Allocation Equity 6,198,110.00 6,357,270.00 161,160.00 237,030.00 33% Cash E. Fixed Income 12,621,175.90 12,991,500.38 370,324.48 944.655 58 67% Market Value 918,817,286.90 319,348,770.39 $631A84.48 $1.181,655.58 100% cash Accruals 134,458.45 145716.02 11,257.57 Fixed ;MOM. Market Value with Accruals S18,961,744.36 619,494,486.40 5642,742.06 EquIry Portfolio Activity Current Period Value Year-to-Date Value Beginning Market Value 18,817,285.90 0.00 Net ContributionsMAthdrawals 20,000,000.00 Income & Distributions 124,048.26 642,888.89 Change in Investment Value 407.436 22 (1.294 118 51) Ending Market Value $19,348,770.38 $19,348,770.38 Accruals 145.71602 145.716 02 Market Value with Accruals $19,494,486.40 $19,494,496.40 This Consolidated Summary shows all of your Investments at J.P. Morgan other than investments we hold in trust for you. These Investments may be held in custody or investment management account at JPMorgan Chase Bank. N.A. (the "Bank") or in a brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC"). Brokerage and margin accounts are non-discretionary and all Investment decisions are made by the client. J.P. Morgan Securities LLC ("JPMS") does not provide advice on asset allocation or investment management services, nor do its personnel take discretion over any client accounts. Such advice and services are provided exclusively by the Bank. Consolidated Statement Page 2 J.P. Morgan Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00026378 SDNY_GM_00295576 EFTA01501952