07 12004 Account Number: FINANCIAL TRUST COMPANY INC July 01, 2004 - July 31, 2004 J.P. Morgan Securities Inc. 270 Park Avenue. New York. NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 64 of 65 Portfolio Summary Overview Marker Value USD Estimated Annual Jul 31 Income UW Total 0.00 IMPORTANT INFORMATION ABOUT YOUR STATEMENT Contact your client service specialist it you flunk your statement is incorrect or you require additional information about a eantacton on yours:element JAMS! is member el Inc Seenreez rnbenceProreeten CapctetnerrStPC7 ncerceprolemembershe capon:ern funded by troker-deakeyeerskeededh the SecontesanclExcharwCorrrns:on Sechnhesend C43 h hekl fat a cor~« account et JPS, & <we poteced up to he total net °gusty of each «can't Tne first W00000 a r ceakcten oho* ~es up to $100000 el pcn.chcer fa cash is worded by &PC As &Match2004. the batence of Me pr~on I:weeded by a stow ~Excess &PC Svc...yard ,:sued by Custom°. Asset Profection Company. SIPC and &moon &PC ceoterton do not protect *goose based from fluctuatron:ra beiue of We searttes Assets Mdrn custoay by JPMce pan CneseltankanetteNC)are not subject lo &PO cc encem SPCpro.ecton JP Morgan Struts Inc JPIecegon enau>8a.ni< or nov at/Ana:ono Morgan Compones7 may prey do adrnooaave custod Wi sake discreet*, or ~Odder services to JPMorgan Funds Amo• can Century Funds ce funds essaUsnel sponsored *dread or managed by thrd pate: and the Morgan Convenes inly be cornomzeted for such acmces Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032480 SDNY_GM_00301678 EFTA01507436