J.P.Morgan FINANCIAL TRUST COMPANY, INC. ACCT. 078805001 For the Period 9/1/09 to 9/30/09 involve in/praetors RegerdingAuction Rote Secuaos (ARS) ARSeadebt a pastatectsecutrnes weft an mitres! a chstdend 'Weasel penal oafyin en Etuebal AMooM Ment nigh° Mak neenYttni tnto00/ Me Foie ss 00 Lasac*.11stsl there " be itAmaY If Men sena enough Dods at an so-bon to tecteenthe aloes evedeVeke saes Mesesultmay be • Mild auction In a Wed taus Lon Meted no asstancoMet a socasdatyrnatkel wall develop a the! the seconty tat Palest pa a any other era Ashes led on sfateenents Accordingly. %Hostas stwld ml rayon prang infametcneppearingin thee assements wen aspect toARS. You should he ••seaweed maser. con& mebons b each secedes Oath AN trensachons ass subject to the Isms and car:IA.0ns Meted on the rearsesde of such ochlarnalons and we subject lo the constettan. by-laws custom and onteepeatatons of the nwlettalecewhere °secured end gaernedby and consfrued in occadance with the laws of the Stele of New Yak and eS eppecablekdetal laws and regulations Further tacrtnelon salt meta to carrentaPOnS and other charged related to the execution of fransectons *lauding options ttenadsons. has beet included an contarshons Mel winipprouslyfumatedb you Upon eentfon request JPI4Sanu mayfly supply sou wen it,. West such information Sh•tehOldead Callen ~gen Fed. we Charged redempben beitoqualta 2% Of the Matadi I MeyealMemeCe redeems/Wesof such funds wenn 60 days of pathos* sub/ea lo COMP etcestons set krth n the prOspeCtus Carte eppecableaoncl Meese ante/ sour I P Morgenrepeacentainekt • W el the JPGragtm Funds that swam redemption lees JPMSI. JPMCB a thee aftecates (the P Maw Cancan.. ?may pseudo adnentstafeet custody/. soles. clst•Pution a shay:solder mares to JPIdagan Fund. AmandaCenturyFunds, a kola es fabAssrof spanned advised a managed by Fed gran and the J P Morgan Canaanite may be compensated la such seryce.s A fintinereadatement d NW agencetcrns isatehAsto you b per•CoSlaspedon a AS OfM1,93. Or a copy te made/ 10 you upon written request Sank reduces and semen we olcad through JPICE, and its alltheles Seca/Pee are offered by JFIASI and ewes "each J.01•CC Fa pan...cello made with respecao an issue ofsecuvdis =aided in your Account we oil Notable cab bye tralxd we deernIar and cosiest* You must peorrptfy achnteJNISI of matemachanges of your avoEnantobectmes a feranceMatuatton Unless sou inform JPMSI otherwise JPMSI will ocosder the mformeboncurrentlyn As Ales to be complete and scare* JPMS is nol • ben* end a a sepia* Peel anbly bands bank a to &twos. Patting JPMCB The secant sod catered, a reconvnendel by JPM (l) Are not muted by the FedaW Deposansurance Capalation a any other Bavemmentai arm), Mike not depend a otter anomEnCns OfJPMSfb Lanka Mat "Setae (unless onfentsse xis led). and we not gusanteed by a the raponsOday a any such afebelm (unless ewhc.tY stated otherwise). and (3)IneoMe investment nsks. sscludep possible bas d the onnapal massed JFIASEs Name elMekts may be lenders So stun of wastes that JPMSI undonsaes, which case proceeds &&fanjet under...taw by JPMS may oe used fa the 'earnest:I such loan& and s:v shoold alas* lhe Mscbsure statements relating Ic pence* senates la discussion of any such lending reIationsleps The FedetaIReserserequres that JPMS oases )our consent tacre4 can anon cedar, Noe moton Pan its bans a eat &Males. sncludog thee aed4 eyakeebond la We wd assume Mat raw teaming PenSaCI ()Wens: with JPMSI *Weems:Auto yucca:meal* the among C. sand .Morm•Pon by JPMSI and 43 bank°, Olnaates.lo the est earetmcedey Nat DEPOSITS IN FOREIGN BRANCHES ARE NOT INSURED BY THE FDIC. THE FEDERAL RESERVE BOARD OR ANY OTHER GOVERNMENTAL AGENCY AMOUNTS IN THE TIME DEPOSITS DO NOT HAVE THE BENEFIT OF ANY DOMESTIC PREFERENCE APPLICABLE TO M.S. BANNS. Account Q78805O01 Page 10 of 10 Page 11 of 17 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00038482 SDNY_GM_00307680 EFTA01512635