06 2006 FINANCIAL TRUST COMPANY INC As part of our ongoing efforts to improve the quality of our statements, we now are printing on both sides of the paper. We hope that you will find this new format more convenient JPMorgan Private Bank Confidential Page 1 of 23 J.P. Morgan Portfolios June 1 - June 30, 2006 Table of Contents Pepe Account Summary 2 Asset Account Portfolio JPMCB 3 Margin Account Portfolio JPMSI 21 COCC00.0000.000000.020.000000000.000000 FINANCIAL TRUST COMPANY INC ATTN: JEFFREY E EPSTEIN C/O AMERICAN YACHT HARBOR 6100 RED HOOK, QUARTERS #B3 ST THOMAS 00802 US VIRGIN ISLDS Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00033475 SDNY_GM_00302673 EFTA01508265