J.P.Morgan GHISLA1NE MAXWELL ACC For the Period 4/1/09 to 4/30/09 Other Assets Summary Asset Categories Beginning Estimated Value Ending Estimated Value Change In Value Current Allocation Structured Investments Other 97,618 15 168,982 00 97,730 10 167 238 00 111.95 (1,744 00) 1% 3% Total Value $266,600.15 5264,968.10 ($1,632.05) 4% Other Assets Detail Asset Categories Other Aat•r* Structured Investments Estimated Quantity Price Value Cost Estimated Gain/Loss Structured Investments DUAL DIRECTIONAL KNOCK-OUT NOTE 100.000.000 97.73 97,730.10 100.000.00 (2269.90) LINKED TO THE S&P 500 INDEX 8/19/09 JPMORGAN CHASE (1XLEV-98% PRIN PROTECTION +1-19.65% BARRIER) INITIAL LEVELSPX:8/22/08: 1292.20 48123L-MS-0 Other Page 17 of 25 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00047060 SDNY_GM_00316258 EFTA01519757