J.PMorgan FINANCIAL TRUST COMPANY INC ACCT. Q30171005 For the Period 5/1/09 to 5/31/09 The JPMorgan funds or The JPMorgan Institutional Funds or me American Century Funds Shares cl the funds re not bank deposits and are not guaranteed by any bank government entry a the FCC Return and shire once we Actuate and redemptcn ream trey be mare a less than ceienalcost ant the money market funds seek lo marten a stelae net asst raked art W per share there is nO aSavenarthet they %Or COnAn0010 00 SO The neonatal annual inane and denied yed flutes t mutual funds apreSentthe funds' most Went inaime dividend ennuatad The dalritefor of the JP4forpen Funds a JPLecepan Distrobirbon Services Inc. which is en off fele el JPSIcreen Chase Bonk. NA !I:Abram Chase Bank NA and as &Ways race, coneensetron tom JPAtagen Funds far proyefing somas AmenOan Century Intestine) :Seven Inc a that dtStnbirlOr of the Amman Century Funds Armco° Canary Innaltrrent Marrepernont Inc saves as onialinees achnsc lo as fon,iVe.bnithend Ian...yard rece,..sccopensation (rem Mot fund Amoyicy crowdoverrestrnin1 advesorowl 0070, scrota Impertant Inlet tretaonRioardongAuction Rate Secedes (An) ARS we debt a proffered securees eve) an interest 0'd:waked rate reset peredcayen an suction Artemots ewe envy to day week ty and monthly resets they is no guarantee that Mere war be lquldtty there arena enough bide at en archon to redeem the securities eralablefa sate. the read may bee failed euchre Ina faded ovate. There a no as:tranceMal a secondwynxvket w4 developer that the secunty was trade at per a any other era redacted on atalenenla ACCOMO0y. MOO= should not telyon prating Inkomatianappeannvn their skiternants with respect to as You AWN prompt' advenJPIISI a matehalarenpali m kow nierittrientayeawee Cr AnanasiserabOn Unless sou dam.IPMSJ alereue JPMSI Cala* re intanehOn Warty.° ts hap to fry ampere and saws* Youshout/ hiseerearecIsepatateJAIStconlernehons for each SeanheS frandadiOn Maass:tons ere Step:floe* kern, and coactWows steedow the reneSeSde of such can/wagons and are strayed to the consbluban. brews customs and inlerpretationS of the trifle:place where executed and ()Waned by and COnStued in accordanceaim the haws a the Stale of New Yak and at AoplcaNeledearlans and regiiiaronS Fun'herinlOnnaten *WI respect to commissions and other charges reeled to the emotion a eanS•CbOAS. =hong options frame:bons has been included in oafrmebons that wen s ;mynas)/ furnahed to you Upon written request JPIASI win prorraly sappyJoer yen the blest such Affernetion Sharehellersol aortae JPAragen Funds aeaegeda rederrpton foe eau( lo 2% a the proceeds d they exchanger radar n shares a such funds wehin 60 days a purchases stead to retain inceptions set forth 07 the prospectus of the AopicetartFund Please consult yew JP Morgan representatnefor slat of the JPIAapan Funds that impose rederrebon Roes JP Mayan Secates Inc. JPMorgan Chase Bank NA a the. affeetes(the P Morgan Compass, may pagoda *emu:achy. au...total. sales. &stilton", a sheeted*? :arca so JPMorgan funds Amorcan Century Funds a funds astabasted sponsored. WSW. a managed by Shed WANT and the JP itaganCOneenes may bin compensated for such servces Bank products and seryces ere ahead through !Pete-gen Chase Benk NA and a elfgetes Secteete we offend by J P Napa &cafes Inc Account Q30171005 Page 11 of 11 Page 12 of 17 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00034727 SDNY_GM_00303925 EFTA01509267