11 2001 Account Number FINANCIAL TRUST COMPANY, INC. November 01, 2001 - November 30, 2001 JPMorgan Chase Bank 345 Park As enue, New York, NY 10154-10112 O JPNlorgan Private Bank Asset Account Portfolio I.'age 8 of In:porton( Informat4on 'haul PICINI and VelUationS Prces some of who, are prove:led by preing serinCes a other sources whet, ne deennetatUe we not ow/anted Ibi et-curacy or as reeAzable valves Yetis:on, of ove+1.rtecounter denvatve Panzachons =Wm° eaten denvatNes restated *post products have been prepived on a and -market Ms's These reluebons we mdCeterc vales es of the close dbusness of the datecities statement and eiCepl as dherwae agreed .n ...wiry. these valuatOns do rot represent the actual Wins at at") transattOnS or 'Kure.. could be bought Or sold Cr Mr Sansacham Coutf te entered wil0 a the actual teems On nrtCh eostav fransaCtOns Or secwdes 0,c4:1 be Agudaled as of the dated this statement We do not aafrant thee canriknentkis b aCaney ThesSe veliatiOns Ye devared leOm preateary nvdeS based upon wed retogneed Martial pnnoples and ne Pave. when necemsary to calculate the present rake Of future cash lbws made reasonable Bs:metes aDOut relevant future fr000( CO010114 Valuations based On other mOde4 0' del erent ass wrptcos may reid thflefenlresuis Morgan e.pressty dee:lams any respOn9ttily for (1) the aCturaCy010,0 node's b eironetes used 0 delinng the vatatiOn9 (2) any areas p Ormas+003 on COnniting b dtssemoatmg the vekahOns and (3) any uses 10 anti...the yakiabOns am put Vahliabons Ye prOeded (Or tnbrmebOn papas any and am wended sowyke your use Reese refer to the track. COnlin'Mkin (Or dowse/ each PanSaCtOn Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037124 SDNY_GM_00306322 EFTA01511303