08 2004 .1.P. Morgan Securities Inc. 270 Park Avenue. New York, NY 10017 Account Number Margin Account Portfolio FINANCIAL TRUST COMPANY INC August 01, 2004 - August 31. 2004 1 ''JPMorgan Private Bank IMPORTANT INFORMATION ABOUT YOUR JPMSI MARGIN ACCOUNT If there we any area or OmISSIOat Otitis statement, or you have any questions about& Plane corner Yaw JAWS, AceMonitePrescdtaac driIPASSI ComPlaince EePannteht at (21V 1112323. Reese keep the knowing n mad when tang this statement to beak yea JPMSI brokerage ectifty This absament combats you general Inman excont men the speciel memorandum account requeed by Section 220 6 Regukaan T As required by Regubbon T. a permanent recant Ols)air separate account u triattabie upon )W regal Important MIOrmetIOn about Patina end Velitettate Popes some of newt seprovided by prong minced a otnef sourced *ha no deem relate we not guwanteed for *coney or ss meant,* volutes Page 48 cl 48 Frey mob Memos in you account are not segregate/ and may be used in the opeostion ofJPMSls business subject 10 The Smations Of SEC Rule 15033 Unlessabeam° instructed. JPMSI Cr as agents and baba:toes verb bob/ yon aecuobes Upon yOuf demand. 'PM& AMpayto you the snow* ofwca free aedg babncer and wtIclekof to you fug/-pad soCuobbo hekl on )sou DOW Intent owe be chested on any debit balance. the medard Of ceitudting newest is described ma leder sent 10 an maigm cuatonws Upon mean tepees( JPMS1 roe supply you with ot, most Went abatement moored to be /embed fo Gushers under SEC Rub 171e5(c) We portal cell is mode with 'aspect so an issue of sonnies included en your lAwpin Account we wet eactias me cati bye method iv• doom lair end equitable You snood bra mooted separateSUSI bade confirmations la each securities tramocton AO taroactions ere subject kitho ems ant ronektons sad on the rovers. side Of such coolomarons and we sutra some constitution. byilaws custard end taetpretatans ofm0 mothstaacin nbo-o executed and pawned by one construed a accordance win me haws of the state ofNew York and atop/mica/go acionarIns and topugebons You must Aron , advise JPMSI d mater? lu nges in you montmont obpcbtos a Memo/ Muoboo Unless you Mom JPMSI Wawa°, JPMSI red comar the internee*, cogently en as bias lobo corricame and arcuate JAMS! is meowed by law to report to the Internet Revenue Servos &Mew/ends arddr edema 'MOMS on bonds gadded to your account Sand calends yob, Alone felon ON you SOOtYreelb to ass 0! you in prep" nog you acme tea returns A Mena ed statement of JPAISI is available fcr)yx, personal superb= of its cAkes a o copy of it Ma ben/Sod upon your waren request. JPMSI o no and is a sepatate legal mayhem as bank a tart affibeco inctAling JPMCS The swats acid elfered a recommended by JPMSI 01 Are not ad IS1)yd* Federal Capri Insurance Caporebm a any caner gov *ovum's) agency 0 Are not deposits or other obagsbons a JPIASIS boob or Vat satiates (unless anavide adcebd) and we not guaranteed by or the responsibt0ly of any such eltasky(unless °wady stmedoThennise) and 13) hen O4e investment risks satrap possibie loss of the principal masted JPMSI banking at/thetas may be lenders to issuers a season Met JPMSI underwrges in which case a cceeds a always underwritten by JAMS, may be vsed kv Me reraymeot of such loans and you shouU ate to Ito booboo., documents maims to pettaute sateen for discussion of any such lending realcaships The Federal Reserve Wares met JPMSI again you' consent begat ra ten Men Masa abynbebn admits bank a grit eTheetes inollang mew Credit eyebretiOn d you We rte essay* the( yaw continuing to W/194O b(18.003.1 mm JPMSI wet, Warta e your consent to the shanng of such Infer 'Tenon by JPMSI and its bank a tad iattAnal. *the extent pearate d by If. JPMorgan Fintea Beta is the marketing name fa the pro** banneng Dueness conducted by J P Morgan Chase 6 CO through is SOOOKAWOO OGIOVde. .nOtChnO 4P4CCe end .n 51 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPN1-SDNY-00032577 SDNY_GM_00301775 EFTA01507527