EFTA01496730

November 01, 2003 - NES, LLC November 28„ 2003 Primary Account Number ® JPMorgan Private Bank Page 6 of 19 Important Information about Your Statement Personal accounts are subject to the Deposit Accounts Agmement or the General Terms For Accounts and Services. liminess accounts are subject to the Tams and Conditions for Commercial Accounts or the General Terms For Accounts and Services Your accounts. unless otherwise indices-1ton the btatement. are held by JPMorgan Chase Bank (the -Bank'). Deposit accounts held at the Bank, including checking, savings, CI), and money market accounts, are FDIC insured. In Case of Errors or Questions About Your Electronic Funds Transfers (personal accounts onM Telephone or wine to the Bank if you think your statement or receipt is wrong. or if you need more uffinmation about an electronic transaction on a statement or twerp. The phone number for inquiries is printed on the front of this gateman. The address for inquiries appears below. We must hair fmm you no later than 60 days after we vat you the FIRST iatemau on which theater or problem appeared. • Tell us your name and account number. Please direct all inquiries to your Morgan Account Officer at • Describe the error or the transfer you are unsure about. JI'Morgan Private Bank Client Service and explain as clearly as you can why you believe it is an 500 Stanton Christiana Road. I MM'S3 effor or why you need mote information. Newark. DIE 19713-2107 • Tell us the dollar amount of the suspected error. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale tran.sactions), we will recrcdit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non Electronic Transfers Please examtne your account at once. If you feel at error has taken place or have questions concerning a noneleetteme transaction. telephone or write us within 30 days. The phone number is printed on the front of this statement. The address appears above. If no report is received within this period, your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not hank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank or its affiliates or any federal or state gin emmen t or gin ernment agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks, including the possible loss of the principal amount Invested. The distributor of the JPMorgan Funds is JPMorgan Fund Distributors, Inc. which is not affiliated with the Bank. The Bank and its affiliates receive compensation from the Whlinpan rands for providing aavices to the funds. Read the JI'Morgan Funds prospectuses carefully for derails, including fees and expoises, before investing or scaling money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund. Inc. and 'Morgan Select Shares of the New Jersey Daily Municipal Income Fund, Inc. are not pan of, or affiliated with, the JPMorgan Family of Mutual Funds. Reich & Tang [distributors Inc. and Reich & Tang Asset Management L.P.. which an: unaffiliated with JPMorgan are the funds' distributors and investment advisor. Reich & Tang Distributors Inc. is a manha NASD. The Bath is not a registered broker-deals. Securities transactions may be through JPMorgan Fund Distributors, Inc a subsidiary of the Bole, is a member of NASIYSIPC. IRA Accounts Accounts of the Bank as atom, or ns discretionary bwestment manager for an ER1SA plan or on IRA that hold Fiduciary Shares (as described below) do not bear any portion of investment. administrative, custodian or other charges paid to the Bank or its affiliates for services to JPMorgan Funds for which a rebate process has beat established since these charges are subject to rebate as defined below. For accounts of the Bank as trustee, or dimtetionary investment manager for an ERISA plan or an IRA. which hold AWICS in the 'Morgan Funds other than Fiduciary Shares, the Bank receives fees for services from the JPMorgan Funds but waives account fees with respect to the funds so held. "fiduciary Shares' means shams of JPMorgan Select Funds and Institutional Sham of the Jl'Morgan Bond Fund II. JI'Morgan Short-Tam Bond Fund II. JPMorgan Intermediate Bond Fund II. and JPMorgan Large Cap Equity Fund held in Bank tout accounts or in discretionary investment managanent accounts at the Bank held by ERISA plans or IRAs. "Rebate' means an amount returned by the Bank to the account which holds the Fiduciary Sham. The retage amount represents the portion of servicing fees paid to the Bank by the mutual fund with respect to Fiduciary Sham. Confidential Treatment Requested by JPM-SDNY-00020131 JPMorgan Chase CONFIDENTIAL SDNY_GM_00289329 EFTA01496730