EFTA01538836

(Reviewed) For the Period 10/1/10 to 10/31/10 Account Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value W23560001, 242006862 Beginning Net Market Value 68,808,197.33 59,912.01 $68,868,109.34 Ending Net Market Value 65,800,792.94 5,437,462.01 $71,238,254.95 This account summary is provided for informational purposes and includes assets at different entities. (1) Assets held at JPMorgan Chase Bank, N.A., member Federal Deposit Insurance Corporation ("FDIC"), except for exchangelisted options, which are held at 3PMorgan Clearing Corporation ("JPMCC"). The Asset Account Statement reflects brokerage transactions executed through J.P. Morgan Securities LLC ("JPMS"), see "Portfolio Activity Detail". Equity securities, fixed income securities, and listed options transactions are generally cleared through JPMCC, a wholly owned subsidiary of 3PMS. Please see "Additional Information About Your Accounts" at the end of the Asset Account Statement. (2) Assets held in Margin Account at JPMCC, member Financial Regulatory Authority ("FINRA") and Securities Insurance Protection Corporation ("SIPC"). The Margin Account Statement reflects brokerage transactions executed by JPMS, see "Portfolio Activity Detail". Such transactions are cleared and carried through JPMCC. Change In Value (3,007,404.39) 5,377,550.00 $2,370,145.61 Start on Page 5 R 44 0000000097.00.0.20.00001.BELLE18.20101117 Page 1 of 53 EFTA01538836 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01538837 For the Period 10/1/10 to 10/31/10 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Cash & Short Term Fixed Income Convertibles Options Foreign Exchange Contracts Other Assets Market Value Accruals Market Value with Accruals Beginning Market Value 11,687,350.00 27,449,756.64 22,009,116.00 0.00 (1,009,836.55) 101,278.12 8,047,492.02 $68,285,156.23 582,953.11 $68,868,109.34 Ending Market Value 11,602,575.40 24,549,411.46 23,001,905.00 1,138,750.00 (1,894,168.63) (319,503.40) 12,868,021.07 $70,946,990.90 291,264.05 $71,238,254.95 Change In Value (84,774.60) (2,900,345.18) 992,789.00 1,138,750.00 (884,332.08) (420,781.52) 4,820,529.05 $2,661,834.67 (291,689.06) $2,370,145.61 Estimated EFTA01538838 729,070.00 279,830.94 1,458,017.94 62,500.00 Current Annual Income Allocation 16% 32% 32% 2% Convertibles Equity Asset Allocation Fixed Income Cash & 18% $2,529,418.88 100% Short Term Other Assets This Consolidated Summary shows all of your investments at J.P. Morgan other than investments we hold in trust for you. These investments may be held in custody or investment management account at JPMorgan Chase Bank, N.A. (the "Bank") or in a brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC"). Brokerage and margin accounts are non-discretionary and all investment decisions are made by the client. J.P. Morgan Securities LLC ("JPMS") does not provide advice on asset allocation or investment management services, nor do its personnel take discretion over any client accounts. Such advice and services are provided exclusively by the Bank. Page 2 of 53 EFTA01538839 For the Period 10/1/10 to 10/31/10 Consolidated Summary Portfolio Activity Net Contributions/Withdrawals Beginning Market Value Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals CONTINUED Current Period Value 68,285,156.23 (7,686.84) 933,442.55 1,736,078.96 $70,946,990.90 291,264.05 $71,238,254.95 Year-to-Date Value 0.00 67,840,105.54 1,893,470.46 1,213,414.90 $70,946,990.90 291,264.05 $71,238,254.95 Page 3 of 53 EFTA01538840 For the Period 10/1/10 to 10/31/10 Consolidated Summary INVESTMENT ACCOUNT(S) YEAR-TO-DATE Portfolio Activity FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Tax Summary FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Account Number W23560001 24200686 $1,893,470.46 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. Account Number W23560001 24200686 CONTINUED Beginning Market Value 0.00 0.00 $0.00 Taxable Income 1,893,470.46 Net Contributions/ Withdrawals 62,464,849.54 5,375,256.00 $67,840,105.54 Tax-Exempt Income Other Income & Receipts Income & Distributions 1,893,470.46 $1,893,470.46 Change in Investment Value 1,151,208.89 62,206.01 $1,213,414.90 Realized Gain/Loss Short-term EFTA01538841 (2,990,910.53) (83,392.18) ($3,074,302.71) Long-term Ending Market Value with Accruals 65,800,792.94 5,437,462.01 $71,238,254.95 Unrealized Gain/Loss, 1,109,054.41 383,848.19 $1,492,902.60 Page 4 of 53 EFTA01538842 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01538843 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 (Reviewed) FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Asset Account J.P. Morgan Team Paul Morris Paul Barrett Janet Young William Doherty III Banker Investment Specialist Client Service Team Client Service Team 212-464-0701 (212) 622-2770 800/634-1318 Table of Contents Account Summary Holdings Equity Cash and Short Term Fixed Income Convertibles Options Foreign Exchange Contracts Other Assets Portfolio Activity Online access www.MorganOnline.com Page 2 4 7 9 12 14 18 19 22 Account W23560001 Page 1 of 39 Page 5 of 53 EFTA01538844 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Account Summary Asset Allocation Equity Cash & Short Term Fixed Income Convertibles Options Foreign Exchange Contracts Other Assets Market Value Accruals Market Value with Accruals Beginning Ending Market Value 11,687,350.00 27,292,194.63 22,009,116.00 0.00 (912,186.55) 101,278.12 8,047,492.02 $68,225,244.22 582,953.11 $68,808,197.33 Market Value 11,602,575.40 24,391,849.45 23,001,905.00 1,138,750.00 (1,753,318.63) (319,503.40) 7,447,271.07 $65,509,528.89 291,264.05 $65,800,792.94 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals (7,686.84) EFTA01538845 (5,238,250.00) ($5,245,936.84) 933,442.55 1,596,778.96 $65,509,528.89 291,264.05 $65,800,792.94 Period Value 68,225,244.22 Change In Value (84,774.60) (2,900,345.18) 992,789.00 1,138,750.00 (841,132.08) (420,781.52) (600,220.95) ($2,715,715.33) (291,689.06) ($3,007,404.39) Year-to-Date Value 0.00 76,555,833.97 (8,547,724.43) (5,543,260.00) $62,464,849.54 1,893,470.46 1,151,208.89 $65,509,528.89 291,264.05 $65,800,792.94 Account W23560001 Page 2 of 39 Page 6 of 53 Estimated 729,070.00 279,830.94 1,458,017.94 62,500.00 Current Annual Income Allocation 17% Cash & 36% 34% 2% Short Term Convertibles Other Assets EFTA01538846 11% $2,529,418.88 100% Equity Fixed Income Asset Allocation EFTA01538847 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Account Summary Tax Summary Domestic Dividends/Distributions Currency Gain/Loss Interest Income Ordinary Income Accrued Interest Current Year Accrued Interest Subsequent Year Taxable Income CONTINUED Current Period Value 9,000.00 417,947.13 507,537.09 Year-to-Date Value 27,800.00 409,397.65 2,041,945.03 47,770.75 (1,041.67) $933,442.55 (632,401.30) (1,041.67) $1,893,470.46 Unrealized Gain/Loss ST Realized Gain/Loss Realized Gain/Loss Current Period Value 124,759.11 $124,759.11 Year-to-Date Value (2,990,910.53) ($2,990,910.53) To-Date Value $1,109,054.41 Cost Summary Equity Cost Cash & Short Term Fixed Income Convertibles Options Other Assets Total 11,122,549.00 EFTA01538848 24,079,349.45 22,136,956.00 1,001,250.00 (64,099.98) 5,650,165.00 $63,926,169.47 Account W23560001 Page 3 of 39 Page 7 of 53 EFTA01538849 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Equity Summary Asset Categories US Large Cap US Mid Cap/Small Cap Non US Equity Preferred Stocks Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Yield Beginning Market Value 0.00 777,350.00 0.00 10,910,000.00 $11,687,350.00 Ending Market Value 0.00 687,575.40 0.00 10,915,000.00 $11,602,575.40 Current Period Value 11,602,575.40 11,122,549.00 480,026.40 729,070.00 6.28% Preferred Stocks Change In Value 0.00 (89,774.60) 0.00 5,000.00 ($84,774.60) 1% 16% 17% Current Allocation Equity Asset Categories EFTA01538850 US Mid Cap/Small Cap Account W23560001 Page 4 of 39 Page 8 of 53 EFTA01538851 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Note: P indicates position adjusted for Pending Trade Activity. Equity Detail Estimated Quantity US Large Cap P PROLOGIS 743410-10-2 PLD US Mid Cap/Small Cap DEUTSCHE BK AG LDN BRH DBL LONG ETN38 25154H-55-8 DAG P P FLAGSTAR BANCORP INC PACIFIC BIOSCIENCES OF CALIF Total US Mid Cap/Small Cap 337930-50-7 FBC 16.00 69404D-10-8 PACB 90,020.000 Non US Equity P SEACUBE CONTAINER LEASING LT G79978-10-5 BOX 10.00 N/A 24.00% $687,575.40 $392,549.00 $295,026.40 $0.00 0.00% N/A 40,020.000 1.27 50,825.40 40,020.00 10,805.40 13.63 N/A 3.30% Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss EFTA01538852 Annual Income Accrued Dividends Yield 50,000.000 12.74 636,750.00 352,529.00 284,221.00 Account W23560001 Page 5 of 39 Page 9 of 53 EFTA01538853 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Estimated Quantity Preferred Stocks CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 3PM CHASE CAPITAL XXIX 6.7% PFD 48125E-20-7 3PM PC Total Preferred Stocks 430,000.000 $10,915,000.00 $10,730,000.00 $185,000.00 $729,070.00 6.68% 400,000.000 25.30 10,120,000.00 9,980,000.00 140,000.00 670,000.00 6.62% Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss Annual Income Accrued Dividends Yield 30,000.000 26.50 795,000.00 750,000.00 45,000.00 59,070.00 7.43% Account W23560001 Page 6 of 39 Page 10 of 53 EFTA01538854 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Cash & Short Term Summary Beginning Asset Categories Cash Short Term Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Market Value 12,101,194.63 15,191,000.00 $27,292,194.63 Ending Market Value 9,079,349.45 15,312,500.00 $24,391,849.45 Current Period Value 24,391,849.45 24,079,349.45 312,500.00 279,830.94 36,455.90 SUMMARY BY MATURITY Short Term 6-12 months 15,312,500.00 Market Value SUMMARY BY TYPE Short Term Corporate Bonds Market Value 15,312,500.00 % of Bond Portfolio 100% Cash Change In Value (3,021,845.18) 121,500.00 ($2,900,345.18 ) EFTA01538855 Current Allocation 13% 23% 36% Asset Categories Cash & Short Term Short Term Account W23560001 Page 7 of 39 Page 11 of 53 EFTA01538856 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Note: This is the Annual Percentage Yield (APY) which is the rate earned if balances remain on deposit for a full year with compounding, there is no change in the interest rate and all interest is left in the account. Cash & Short Term Detail Quantity Cash CANADIAN DOLLAR COST OF PENDING PURCHASES PROCEEDS FROM PENDING SALES US DOLLAR Total Cash Short Term FORD MOTOR CREDIT CO LLC FLOATING RATE NOTE JUN 15 2011 DTD 03/15/2007 345397-VF-7 B+ /BA2 JPM HARRAHS 14M CLN 09/20/11 INITIAL RATE 7.0% CPN WHERE MAX RATE IS 7.0% PER ANNUM DD 7/7/10 4662A0-2C-4 AA- /NR Total Short Term 15,000,000.00 $15,312,500.00 $15,000,000.00 $312,500.00 $277,109.50 $36,175.00 Account W23560001 Page 8 of 39 Page 12 of 53 0.00% 10,000,000.00 102.03 10,203,000.00 10,000,000.00 203,000.00 5,000,000.00 102.19 5,109,500.00 5,000,000.00 109,500.00 277,109.50 36,175.00 1.97% 0.01 (600,000.00) EFTA01538857 607,881.70 9,071,467.74 0.98 1.00 1.00 1.00 0.01 (600,000.00) 607,881.70 9,071,467.74 $9,079,349.45 0.01 (600,000.00) 607,881.70 9,071,467.74 $9,079,349.45 $0.00 Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 2,721.44 280.90 $2,721.44 $280.90 0.03% 0.03% EFTA01538858 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Fixed Income Summary Asset Categories US Fixed Income - Taxable Non-US Fixed Income Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield SUMMARY BY MATURITY Fixed Income Less than 5 years, 5-10 years, 10+ years, Total Value 1 Market Value 9,121,884.00 9,956,250.00 3,923,771.00 $23,001,905.00 % of Bond Portfolio 40% 43% 17% 100% The years indicate the number of years until the bond is scheduled to mature based on the statement end date. Some bonds may be called, or paid in full, before their stated maturity. Account W23560001 Page 9 of 39 Page 13 of 53 Beginning Market Value 22,009,116.00 0.00 $22,009,116.00 Ending Market Value 22,678,134.00 323,771.00 $23,001,905.00 Current Period Value 23,001,905.00 EFTA01538859 22,136,956.00 864,949.00 1,458,017.94 252,031.15 5.50% SUMMARY BY TYPE Fixed Income Corporate Bonds International Bonds Total Value Market Value 22,678,134.00 323,771.00 $23,001,905.00 % of Bond Portfolio 99% 1% 100% US Fixed Income - Taxable Change In Value 669,018.00 323,771.00 $992,789.00 Current Allocation 33% 1% 34% Non-US Fixed Income Asset Categories Fixed Income EFTA01538860 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Fixed Income Detail Quantity US Fixed Income - Taxable FELCOR LODGING LP 10% OCT 01 2014 DTD 10/01/2009 31430Q-BA-4 B- /B2 FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 345397-VN-0 B+ /BA2 CIT GROUP INC 7% MAY 01 2016 DTD 11/04/2009 125581-FW-3 B+ /B3 CIT GROUP INC 7% MAY 01 2017 DTD 11/04/2009 125581-FX-1 B+ /B3 GENERAL MOTORS CORP NOTES 8 3/8% JUL 15 2033 DTD 07/03/2003 IN DEFAULT 370442-BT-1 NR /WR Total US Fixed Income - Taxable 28,200,000.000 $22,678,134.00 $21,818,956.00 $859,178.00 $1,364,000.00 $169,506.20 Account W23560001 Page 10 of 39 Page 14 of 53 5.17% 10,000,000.000 36.00 3,600,000.00 3,800,000.00 (200,000.00) 5,000,000.000 99.50 4,975,000.00 4,612,500.00 362,500.00 350,000.00 49,580.00 7.10% 5,000,000.000 99.63 EFTA01538861 4,981,250.00 4,725,000.00 256,250.00 350,000.00 78,750.00 7.08% 5,200,000.000 110.52 5,746,884.00 5,523,956.00 222,928.00 364,000.00 16,177.20 4.38% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 3,000,000.000 112.50 3,375,000.00 3,157,500.00 217,500.00 300,000.00 24,999.00 6.34% EFTA01538862 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Quantity Non-US Fixed Income REPUBLIC OF ARGENTINA - ARS FLOATING RATE NOTE DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN:ARARGEO3E147 SEDOL:B1MYWX3 EC0698-9B-7 ARS Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 10,000,000.000 3.24 323,771.00 318,000.00 5,771.00 94,017.94 82,524.95 29.23% Account W23560001 Page 11 of 39 Page 15 of 53 EFTA01538863 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Convertibles Summary Asset Categories Convertibles - Fixed Income Convertibles - Equity Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Income Yield Beginning Market Value 0.00 0.00 $0.00 Ending Market Value 1,138,750.00 0.00 $1,138,750.00 Current Period Value 1,138,750.00 1,001,250.00 137,500.00 62,500.00 2,777.00 2.54% Change In Value 1,138,750.00 0.00 $1,138,750.00 Current Allocation 2% 2% Asset Categories Convertibles Account W23560001 Page 12 of 39 Page 16 of 53 EFTA01538864 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Note: P indicates position adjusted for Pending Trade Activity. Convertibles Detail Quantity Convertibles - Fixed Income AMR CORP CV 6 1/4% OCT 15 2014 DTD 09/28/2009 001765-BC-9 CCC /NA Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 1,000,000.000 113.88 1,138,750.00 1,001,250.00 137,500.00 62,500.00 2,777.00 2.54% Estimated Quantity Convertibles - Equity P FLAGSTAR BANCORP INC 337930-60-6 FBC Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss Annual Income Accrued Dividends Yield 20.00 N/A Account W23560001 Page 13 of 39 EFTA01538865 Page 17 of 53 EFTA01538866 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Options Summary Asset Categories Foreign Exchange Other Total Value Market Value/Cost Market Value Premium Unrealized Gain/Loss Beginning Market Value (1,151,882.19) 239,695.64 ($912,186.55) Ending Market Value (1,609,712.33) (143,606.30) ($1,753,318.63 ) Current Period Value (1,753,318.63) (64,099.98) (1,689,218.65) Change In Value (457,830.14) (383,301.94) ($841,132.08) Current Allocation Account W23560001 Page 14 of 39 Page 18 of 53 EFTA01538867 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Options Detail Quantity Foreign Exchange HUF PUT EUR CALL FX EUROPEAN STYLE OPTION NOV 10, 2010 @ 297.5 XHUFPA-AT-Z EUR JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.5 KNOCKED IN @ 81.50 XJPYCA-NE-Z JPY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.5 XJPYPA-SQ-Z Total Foreign Exchange Other DJUBCN3T CALL OPTION USD PUT OPTION STRIKE 70.5053 EXPIRES 12/21/2010 PART OF COLLAR REF 6018672 OTCEQC-ZX-F (2,500,000.000 ) 0.12 (308,868.39) (125,750.00) (183,118.39) (1,487,500,000.000 ) ($1,609,712.33) ($64,099.98) ($1,545,612.35) 935,000,000.000 26,795.51 470,000.00 (443,204.49) (935,000,000.000 ) 0.18 (1,636,504.24) (470,000.00) (1,166,504.24) Price Market Value Premium Unrealized Gain/Loss (1,487,500,000.000 ) EFTA01538868 (3.60) (64,099.98) 64,096.38 Account W23560001 Page 15 of 39 Page 19 of 53 EFTA01538869 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Quantity Other DJUBCN3T PUT OPTION USD CALL OPTION STRIKE 70.0530 EXPIRES 12/21/2010 PART OF COLLAR REF 6018672 OTCEQP-ZX-F WTI CALL OPTION USD PUT OPTION STRIKE 90.00 EXPIRES 12/15/2010 100,000 BARRELS OTCBDC-GW-X WTI CALL OPTION USD PUT OPTION STRIKE 100.00 EXPIRES 05/17/2011 100,000 BARRELS OTCBDC-GW-Y WTI PUT OPTION USD CALL OPTION STRIKE 65.50 EXPIRES 12/15/2010 100,000 BARRELS OTCBDP-EX-K (10.000) 2,109.83 (21,098.32) (400,000.00) 378,901.68 10.000 24,368.96 243,689.59 450,000.00 (206,310.41) 10.000 9,169.77 91,697.72 400,000.00 (308,302.28) 2,500,000.000 11,669.38 125,750.00 (114,080.62) Price Market Value Premium EFTA01538870 Unrealized Gain/Loss Account W23560001 Page 16 of 39 Page 20 of 53 EFTA01538871 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Quantity Other WTI PUT OPTION USD CALL OPTION STRIKE 63.00 EXPIRES 05/17/2011 100,000 BARRELS OTCBDP-EX-L Total Other ($143,606.30) $0.00 ($143,606.30) (10.000) 16,069.63 (160,696.28) (450,000.00) 289,303.72 Price Market Value Premium Unrealized Gain/Loss Account W23560001 Page 17 of 39 Page 21 of 53 EFTA01538872 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Foreign Exchange Contracts Summary NET CURRENCY EXPOSURE SUMMARY Value EURO CURRENCY HUNGARIAN FORINT INDIAN RUPEE US DOLLAR in Currency 5,000,000.00 (1,416,500,000.00 ) 457,000,000.00 (10,260,440.05) Foreign Exchange Contracts Detail Market Value Receivable Trade Date Speculative EURO CURRENCY INDIAN RUPEE Total Speculative US DOLLAR HUNGARIAN FORINT Aug. 6 10 Nov. 10 10 Oct. 18 10 Nov. 22 10 EUR INR USD 5,000,000.00 HUF (1,416,500,000.00 ) 457,000,000.00 (10,260,440.05) 283.300000 44.540000 271.715860 44.641197 6,948,656.27 7,244,900.30 10,237,180.68 10,260,440.05 $17,185,836.95 $17,505,340.35 (296,244.03) (23,259.37) ($319,503.40) Currency Settlement Date Counter Currency Amount EFTA01538873 Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Account W23560001 Page 18 of 39 Page 22 of 53 EFTA01538874 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Other Assets Summary Asset Categories Swaps Structured Investments Total Value Market Value/Cost Estimated Value Tax Cost Estimated Gain/Loss Beginning Estimated Value (380,711.90) 8,428,203.92 $8,047,492.02 Ending Estimated Value 793,808.41 6,653,462.66 $7,447,271.07 Current Period Value 7,447,271.07 5,650,165.00 1,003,297.66 Structured Investments Change In Value 1,174,520.31 (1,774,741.26) ($600,220.95) Current Allocation 1% 10% 11% Asset Categories Other Assets Swaps Account W23560001 Page 19 of 39 Page 23 of 53 EFTA01538875 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Other Assets Detail Cost Quantity Swaps LONG TOTAL RETURN SWAP 4,775,970.00 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APR 29 2011 DEAL 5508960 N/O Client SWPBDE-TJ-3 LONG TOTAL RETURN SWAP 3,208,420 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 N/O Client SWPBDE-WG-5 SXSE DIVIDEND SWAP FIXED STRIKE EUR 112.10 NUMBER OF BASKET 89,206 MAT DEC 16 2011 DEAL 4444220 N/O Client SWPBDE-PR-9 EUR SXSE DIVIDEND SWAP FIXED STRIKE EUR 113.30 NUMBER OF BASKET 88,261 MAT DEC 21 2012 DEAL 4444219 N/O Client SWPBDE-PS-7 EUR 88,261.000 3.33 (293,557.06) N/A 89,206.000 3.44 306,591.34 N/A 20,000.000 0.51 10,141.82 N/A 30,000.000 1.39 41,642.91 N/A Price Estimated Value Adjusted Original EFTA01538876 Estimated Gain/Loss Accruals Account W23560001 Page 20 of 39 Page 24 of 53 EFTA01538877 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Cost Quantity Swaps SX5E DIVIDEND SWAP FIXED STRIKE EUR 100.00 NUMBER OF BASKET 50,000 MAT DEC 21 2012 DEAL 4458593 N/O Client SWPBDE-WW-0 EUR Total Swaps Structured Investments 3PM CORN DLY LIQUIDITY NT 07/25/13 LNKD TO DJUBCN3T 07/22/10 48124A-WK-9 3PM MARKET PLUS PFE 04/24/12 75% CONTIN BARRIER-12.2%CPN ,UNCAPPED INITIAL LEVEL-10/19/10 PFE: 17.39 48124A-T6-4 3PM PUT SPREAD WARRANT W ZO 12/03/10 STRIKE LEVEL -$6.00/BUSHEL, $27.50 INITIAL LEVEL -08/13/10 W ZO:734.25 48121C-32-0 Total Structured Investments 5,505,006.000 $6,653,462.66 $5,650,165.00 $1,003,297.66 5,006.000 211.00 10,562.66 137,665.00 (127,102.34) 3,000,000.000 99.58 2,987,400.00 3,000,000.00 (12,600.00) 2,500,000.000 146.22 3,655,500.00 2,512,500.00 1,143,000.00 $793,808.41 $0.00 $0.00 50,000.000 14.58 EFTA01538878 728,989.40 N/A Price Estimated Value Adjusted Original Estimated Gain/Loss Accruals Account W23560001 Page 21 of 39 Page 25 of 53 EFTA01538879 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions Income INFLOWS 516,537.09 Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS Withdrawals Interest Purchased Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 1,962,113.81 (6,294,350.00) ($4,332,236.19) $9,071,467.74 * Year to date information is calculated on a calendar year basis. 40,474,711.77 (100,612,653.25) ($60,137,941.48) -19,992,638.10 $20,509,175.19 (7,686.84) (1,041.67) (19,892,690.97) ($19,901,419.48) 1,437,343.73 76,555,833.96 61,100,950.36 $139,094,128.05 (8,547,724.43) (1,041.67) (61,335,952.73) ($69,884,718.83) Period Value 12,795,948.22 Year-To-Date Value* -Account W23560001 Page 22 of 39 EFTA01538880 Page 26 of 53 EFTA01538881 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Settlement Date 10/1 10/1 Type Corporate Interest Interest Income Description FELCOR LODGING LP 10% OCT 01 2014 DTD 10/01/2009 DEPOSIT SWEEP INTEREST FOR SEPT @ .03% RATE ON NET AVG COLLECTED BALANCE OF $9,501,557.17 AS OF 10/01/10 10/4 10/4 10/4 Domestic Dividend/Distribution Interest Income Free Delivery SOLAR CAPITAL LTD 3PM CHASE CAPITAL XXIX @ 0.60 PER SHARE 400,000.000 6.7% PFD @ 0.41875 PER SHARE MS MARKET PLUS SPX 01/27/12 (70% CONTIN BARRIER-6.5%CPN ,UNCAPPED) INITIAL LEVEL-07/14/10 SPX:1094.91 JPMORGAN CLEARING CORP TRADE DATE 10/04/10 10/12 10/15 Domestic Dividend/Distribution Corporate Interest APOLLO COMMERCIAL REAL ESTATE FINANCE INC REIT PAYMENT @ 0.40 PER SHARE FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 3,000.000 5,200,000.000 0.40 0.036 EFTA01538882 1,200.00 188,066.67 (5,000,000.000 ) 5,000,000.00 0.419 167,500.00 13,000.000 0.60 7,800.00 234.31 Quantity Cost 3,000,000.000 Per Unit Amount 0.05 Amount 150,000.00 Account W23560001 Page 23 of 39 Page 27 of 53 EFTA01538883 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 INFLOWS & OUTFLOWS Settlement Date 10/18 Type Spot FX Description LINKED CURRENCY TRANSACTION - BUY BUY ARS SELL USD EXCHANGE RATE 3.950000000 DEAL 10/13/10 VALUE 10/18/10 10/18 Accrued Interest Paid AMR CORP CV 6 1/4% OCT 15 2014 DTD 09/28/2009 @ 100.125 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 10/13/10 10/20 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY INR SELL USD CONTRACT RATE : 44.650000000 TRADE 4/16/10 VALUE 10/20/10 10/20 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL INR CONTRACT RATE : 46.120000000 TRADE 5/06/10 VALUE 10/20/10 10/22 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY INR SELL USD CONTRACT RATE : 47.730000000 TRADE 7/20/10 VALUE 10/22/10 10/22 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL INR CONTRACT RATE : 44.320000000 TRADE 10/18/10 VALUE 10/22/10 10/25 Accrued Interest Received AMR CORP CV 6 1/4% OCT 15 2014 DTD 09/28/2009 Account W23560001 Page 24 of 39 EFTA01538884 Page 28 of 53 1,000,000.000 0.002 1,736.11 (457,000,000.000 ) (10,248,934.70) 10,311,371.84 457,000,000.000 10,248,934.70 (9,574,690.97) (446,500,000.000 ) (10,068,778.61) 9,681,266.26 446,500,000.000 10,068,778.61 (10,000,000.00) 2,000,000.000 0.001 (1,041.67) Quantity Cost Per Unit Amount 1,256,100.000 318,000.00 Amount (318,000.00) EFTA01538885 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 INFLOWS & OUTFLOWS Settlement Date 10/29 Type Misc. Disbursement Description LONG TOTAL RETURN SWAP 3,208,420 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 SWAP RESET PAYMENT AS OF 10/28/10 Total Inflows & Outflows TRADE ACTIVITY Note: S Trade Date 9/28 Settlement Date 10/1 $607,755.71 Quantity Cost Per Unit Amount Amount (7,686.84) indicates Short Term Realized Gain/Loss Settled transaction was initiated in prior statement period and settled in current statement period Type Settled Sales/Maturities/Redemptions Sale Description AMYRIS INC @ 17.0484 BROKERAGE TAX &/OR SEC Quantity (2,500.000) 42,621.00 125.00 .73 J.P. MORGAN SECURITIES LLC TRADE DATE 09/28/10 EFTA01538886 Per Unit Amount 16.998 Proceeds 42,495.27 Tax Cost (40,000.00) Realized Gain/Loss 2,495.27 S* Account W23560001 Page 25 of 39 Page 29 of 53 EFTA01538887 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Trade Date 9/28 Settlement Date 10/4 Type Settled Sales/Maturities/Redemptions Sale Description VERISK ANALYTICS INC CLASS A @ 27.40288 BROKERAGE TAX &/OR SEC 9/29 10/4 Sale 164,417.28 300.00 2.78 J.P. MORGAN SECURITIES LLC TRADE DATE 09/28/10 APOLLO COMMERCIAL REAL ESTATE FINANCE INC @ 16.26566 BROKERAGE TAX &/OR SEC 9/30 10/5 Sale ELSTER GROUP SE @ 13.82492 BROKERAGE TAX &/OR SEC 9/30 10/5 Sale 48,796.98 150.00 .83 J.P. MORGAN SECURITIES LLC TRADE DATE 09/29/10 (5,000.000) 69,124.60 250.00 1.17 J.P. MORGAN SECURITIES LLC TRADE DATE 09/30/10 EFTA01538888 ENTROPIC COMMUNICATIONS INC @ 9.68634 58,118.04 BROKERAGE TAX &/OR SEC 300.00 .99 J.P. MORGAN SECURITIES LLC TRADE DATE 09/30/10 (6,000.000) 9.636 57,817.05 (58,200.00) (382.95) S* 13.775 68,873.43 (65,000.00) 3,873.43 S* (3,000.000) 16.215 48,646.15 (48,000.00) 646.15 S* Quantity (6,000.000) Per Unit Amount 27.352 Proceeds 164,114.50 Tax Cost (163,500.00) Realized Gain/Loss 614.50 S* Account W23560001 Page 26 of 39 Page 30 of 53 EFTA01538889 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Trade Date 10/7 Settlement Date 10/13 Type Settled Sales/Maturities/Redemptions Sale Description CHESAPEAKE LODGING TRUST @ 16.75 67,000.00 BROKERAGE TAX &/OR SEC 10/13 10/18 Sale 200.00 1.14 J.P. MORGAN SECURITIES LLC TRADE DATE 10/07/10 NAVIOS MARITIME PARTNERS LP @ 18.25375 45,634.38 BROKERAGE TAX &/OR SEC 10/15 10/20 Sale 125.00 .78 J.P. MORGAN SECURITIES LLC TRADE DATE 10/13/10 TEEKAY TANKERS LTD - CLASS A @ 12.04 42,140.00 BROKERAGE TAX &/OR SEC 10/15 10/20 Sale SOLAR CAPITAL LTD @ 21.88704 BROKERAGE TAX &/OR SEC 10/19 10/22 Sale EFTA01538890 175.00 .72 J.P. MORGAN SECURITIES LLC TRADE DATE 10/15/10 (13,000.000) 284,531.52 650.00 4.81 J.P. MORGAN SECURITIES LLC TRADE DATE 10/15/10 TOWER INTERNATIONAL INC @ 12.8725 25,745.00 BROKERAGE TAX &/OR SEC 100.00 .44 J.P. MORGAN SECURITIES LLC TRADE DATE 10/19/10 Account W23560001 Page 27 of 39 Page 31 of 53 (2,000.000) 12.822 25,644.56 (26,000.00) (355.44) S 21.837 283,876.71 (286,910.00) (3,033.29) S (3,500.000) 11.99 41,964.28 (42,525.00) (560.72) S (2,500.000) 18.203 45,508.60 (44,125.00) 1,383.60 S Quantity (4,000.000) Per Unit Amount 16.70 Proceeds 66,798.86 Tax Cost (65,000.00) Realized Gain/Loss EFTA01538891 1,798.86 S EFTA01538892 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Trade Date 10/20 Settlement Date 10/25 Type Settled Sales/Maturities/Redemptions Sale Description AMR CORP CV 6 1/4% OCT 15 2014 DTD 09/28/2009 @ 108.25 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 10/20/10 10/25 10/28 Sale SHANGPHARMA CORPORATION A/D/R @ 13.59999 BROKERAGE TAX &/OR SEC Total Settled Sales/Maturities/Redemptions Trade Date Settlement Date 10/1 Type Settled Securities Purchased 9/27 Purchase Description AMYRIS INC @ 16.00 J.P. MORGAN SECURITIES LLC TRADE DATE 09/27/10 9/27 10/1 Purchase VERISK ANALYTICS INC CLASS A @ 27.25 J.P. MORGAN SECURITIES LLC TRADE DATE 09/27/10 Account W23560001 Page 28 of 39 Page 32 of 53 EFTA01538893 6,000.000 27.25 (163,500.00) * Quantity 2,500.000 Per Unit Amount 16.00 33,999.98 125.00 .58 J.P. MORGAN SECURITIES LLC TRADE DATE 10/25/10 $1,962,113.81 ($1,878,010.00) $84,103.81 S (2,500.000) 13.55 33,874.40 (37,500.00) (3,625.60) S Quantity (1,000,000.000 ) Per Unit Amount 108.30 Proceeds 1,082,500.00 Tax Cost (1,001,250.00) Realized Gain/Loss 81,250.00 S Market Cost (40,000.00) * EFTA01538894 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Trade Date Settlement Date 10/5 Type Settled Securities Purchased 9/30 Purchase Description ELSTER GROUP SE @ 13.00 J.P. MORGAN SECURITIES LLC TRADE DATE 09/30/10 9/29 10/5 Purchase ENTROPIC COMMUNICATIONS INC @ 9.70 J.P. MORGAN SECURITIES LLC TRADE DATE 09/29/10 9/30 10/5 Purchase CITIGROUP CAPITAL XIII 7 7/8% PFD @ 25.00 J.P. MORGAN SECURITIES LLC TRADE DATE 09/30/10 10/1 10/6 Purchase TEEKAY TANKERS LTD - CLASS A @ 12.15 J.P. MORGAN SECURITIES LLC TRADE DATE 10/01/10 10/6 10/13 Purchase CHESAPEAKE LODGING TRUST @ 16.25 J.P. MORGAN SECURITIES LLC TRADE DATE 10/06/10 10/8 10/14 Purchase NAVIOS MARITIME PARTNERS LP @ 17.65 J.P. MORGAN SECURITIES LLC EFTA01538895 TRADE DATE 10/08/10 2,500.000 17.65 (44,125.00) 4,000.000 16.25 (65,000.00) 3,500.000 12.15 (42,525.00) 30,000.000 25.00 (750,000.00) * 6,000.000 9.70 (58,200.00) * Quantity 5,000.000 Per Unit Amount 13.00 Market Cost (65,000.00) * Account W23560001 Page 29 of 39 Page 33 of 53 EFTA01538896 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Trade Date Settlement Date 10/18 Type Settled Securities Purchased 10/13 Purchase Description AMR CORP CV 6 1/4% OCT 15 2014 DTD 09/28/2009 @ 100.125 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 10/13/10 10/15 10/20 Purchase TOWER INTERNATIONAL INC @ 13.00 J.P. MORGAN SECURITIES LLC TRADE DATE 10/15/10 10/18 10/22 Purchase SHANGPHARMA CORPORATION A/D/R @ 15.00 J.P. MORGAN SECURITIES LLC TRADE DATE 10/18/10 10/19 10/22 Purchase JPM MARKET PLUS PFE 04/24/12 75% CONTIN BARRIER-12.2%CPN ,UNCAPPED INITIAL LEVEL-10/19/10 PFE: XXXX.X @ 100.00 J.P. MORGAN SECURITIES LLC TRADE DATE 10/19/10 Total Settled Securities Purchased ($6,294,350.00) 3,000,000.000 100.00 (3,000,000.00) 2,500.000 15.00 (37,500.00) EFTA01538897 2,000.000 13.00 (26,000.00) Quantity 2,000,000.000 Per Unit Amount 100.10 Market Cost (2,002,500.00) Account W23560001 Page 30 of 39 Page 34 of 53 EFTA01538898 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Trade Date 10/27 10/27 10/28 10/29 Estimated Settlement Date 11/1 11/1 11/2 11/3 Type Pending Sales, Maturities, Redemptions Sale Sale Sale Sale Description PACIFIC BIOSCIENCES OF CALIF PROLOGIS SEACUBE CONTAINER LEASING LT FLAGSTAR BANCORP INC Total Pending Sales, Maturities, Redemptions Trade Date Estimated Settlement Date 10/26 10/27 10/28 10/28 11/1 11/1 11/2 11/2 11/2 Quantity (3,000.000) (30,000.000) (4,500.000) (4,899.000) Per Unit Amount 16.75 13.086 10.842 EFTA01538899 24.161 Proceeds 50,099.15 391,094.96 48,566.14 118,121.45 $607,881.70 Tax Cost (48,000.00) (369,000.00) (45,000.00) (97,980.00) ($559,980.00) Realized Gain/Loss 2,099.15 S 22,094.96 S 3,566.14 S 20,141.45 S $47,901.70 S Type Description Pending Securities Purchased 10/26 Purchase Purchase Purchase Purchase Purchase Total Pending Securities Purchased PACIFIC BIOSCIENCES OF CALIF PROLOGIS SEACUBE CONTAINER LEASING LT FLAGSTAR BANCORP INC FLAGSTAR BANCORP INC Quantity 3,000.000 30,000.000 4,500.000 40,020.000 4,899.000 Per Unit Amount 16.00 12.30 10.00 1.00 20.00 Market Cost (48,000.00) (369,000.00) EFTA01538900 (45,000.00) (40,020.00) (97,980.00) ($600,000.00) Account W23560001 Page 31 of 39 Page 35 of 53 EFTA01538901 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Portfolio Activity Summary - Argentine Peso Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows TRADE ACTIVITY Total Trade Activity Period Value -318,000.00 $318,000.00 Settled Securities Purchased Ending Cash Balance * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - Argentine Peso INFLOWS & OUTFLOWS Settlement Date 10/18 Type Spot FX Description LINKED CURRENCY TRANSACTION - BUY BUY ARS SELL USD EXCHANGE RATE 3.950000000 DEAL 10/13/10 VALUE 10/18/10 Quantity (318,000.000) (318,000.00) ($318,000.00) -Year-To-Date Value* -318,000.00 $318,000.00 (318,000.00) ($318,000.00) -Local Value Current Period Value 0.00 1,256,100.00 1,256,100.00 (1,256,100.00) (1,256,100.00) 0.00 EFTA01538902 Year-To-Date Value* -1,256,100.00 1,256,100.00 (1,256,100.00) (1,256,100.00) -Per Unit Amount USD Local Value Amount USD Local Value 318,000.00 1,256,100.00 Currency Gain/Loss USD Account W23560001 Page 32 of 39 Page 36 of 53 EFTA01538903 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 TRADE ACTIVITY - Argentine Peso Per Unit Trade Date Settlement Date 10/18 Type Settled Securities Purchased 10/13 Purchase Description REPUBLIC OF ARGENTINA - ARS FLOATING RATE NOTE DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN:ARARGEO3E147 SEDOL:B1MYWX3 Quantity 10,000,000.000 Amount USD Local Value 3.20 12.561 Market Cost USD Local Value (318,000.00) (1,256,100.00) Currency Gain/Loss USD Account W23560001 Page 33 of 39 Page 37 of 53 EFTA01538904 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Portfolio Activity Summary - Indian Rupee Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS Total Outflows Period Value -20,317,713.31 $20,317,713.31 Foreign Exchange - Outflows Ending Cash Balance * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - Indian Rupee INFLOWS & OUTFLOWS Settlement Date 10/20 Type Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY INR SELL USD CONTRACT RATE : 44.650000000 TRADE 4/16/10 VALUE 10/20/10 Quantity (10,000,000.000 ) (20,317,713.31) ($20,317,713.31) -Year-To-Date Value* -30,054,583.16 $30,054,583.16 (29,999,916.69) ($29,999,916.69) -Local Value Current Period Value 0.00 903,500,000.00 903,500,000.00 (903,500,000.00) (903,500,000.00) 0.00 EFTA01538905 Year-To-Date Value* -1,360,500,000.00 1,360,500,000.00 (1,360,500,000.00 ) (1,360,500,000.00 ) -Per Unit Amount USD Local Value Amount USD Local Value 10,068,778.61 446,500,000.00 Currency Gain/Loss USD 68,778.61 Account W23560001 Page 34 of 39 Page 38 of 53 EFTA01538906 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 INFLOWS & OUTFLOWS Per Unit Settlement Date 10/20 Type Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL INR CONTRACT RATE : 46.120000000 TRADE 5/06/10 VALUE 10/20/10 10/22 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY INR SELL USD CONTRACT RATE : 47.730000000 TRADE 7/20/10 VALUE 10/22/10 10/22 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL INR CONTRACT RATE : 44.320000000 TRADE 10/18/10 VALUE 10/22/10 Total Inflows & Outflows $0.00 $417,947.13 10,311,371.840 (10,248,934.70) (457,000,000.00) 62,437.14 (9,574,690.970 ) 10,248,934.70 457,000,000.00 674,243.73 Quantity 9,681,266.260 Amount USD Local Value Amount USD Local Value (10,068,778.61) (446,500,000.00) Currency Gain/Loss USD (387,512.35) Account W23560001 Page 35 of 39 Page 39 of 53 EFTA01538907 EFTA01538908 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Trade Related ARGENTINE PESO U S DOLLAR Speculative INDIAN RUPEE U S DOLLAR INDIAN RUPEE U S DOLLAR INDIAN RUPEE U S DOLLAR INDIAN RUPEE U S DOLLAR Apr. 16 10 Oct. 20 10 May. 6 10 Oct. 20 10 Jul. 20 10 Oct. 22 10 Oct. 18 10 Oct. 22 10 INR USD USD INR USD USD 446,500,000.00 (10,000,000.00) INR (446,500,000 00) 9,681,266.26 457,000,000.00 (9,574,690.97) INR (457,000,000.00) 10,311,371.84 44.650000 46.120000 47.730000 44.320000 44.345001 44.345001 44.590000 44.590000 (10,000,000.00) 9,681,266.26 (9,574,690.97) EFTA01538909 10,311,371.84 10,068,778.61 (10,068,778.61) 10,248,934.70 (10,248,934.70) 68,778.61 (387,512.35) 674,243.73 62,437.14 Oct. 13 10 Oct. 18 10 ARS USD 1,256,100.00 (318,000.00) 3.950000 3.950000 (318,000.00) 318,000.00 Amount Counter Amount Contract Rate Revaluation Rate Contracted Base Amount USD Revalued Amount USD Currency G/L Account W23560001 Page 36 of 39 Page 40 of 53 EFTA01538910 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 In Case of Errors or Questions About Your Electronic Transfers. Contact your J.P. Morgan Team at one of the telephone numbers on the front of this statement or write us at 500 Stanton Christiana Road, 1/OPS, Newark, DE 19713-2107 as soon as you can, if you think your statement is wrong or if you need more information about a transfer on the statement. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared. (1) Tell us your name and account number. (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is in error or why you need more information. (3) tell us the dollar amount of the suspected error. If you contact us orally, you must send us your complaint or question in writing within 10 business days in order to preserve your rights. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 days for purchases using your debit card or for international transactions), we will credit your account for the amount you think is in error, so that you will have the use of money during the time it takes us to complete our investigation. In case of errors or questions about your statement, including your line of credit. If you think that your statement is incorrect or if you need more information about a transaction on your statement including a line of credit transaction, you must write to us on a separate sheet describing the error and send it to: J.P. Morgan's Private Bank, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107. We must hear from you no later than 60 days after the statement on which the error or problem appeared is sent. You can contact your client service specialist but doing so will not preserve your rights. Please review your account statement and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, and unaccounted cash positions in writing to both the introducing broker, JPMS and the clearing firm, JPMCC at the addresses shown on your statement. Any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act (SIPA). If you have any questions please contact your JPMS Account Representative or JPMS Compliance Department at (212) 483-2323. In your letter, please provide the following information: (1) your name and account number; (2) the dollar amount of the suspected error; and (3) a description of the error and explanation, if you can, why you believe there is an error. If you need more information, you must describe the item you are unsure about. Important Information about Pricing and Valuations Certain assets including but not limited to, pooled private investments, non - publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of which may have been provided to us by third parties who may not EFTA01538911 be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. Prices, some of which are provided by pricing services or other sources which we deem reliable, are not guaranteed for accuracy or as realizable values. Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein has been obtained from sources that J.P. Morgan believes to be reliable and is furnished for the exclusive use of the client. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents the actual terms at which transactions or securities could be bought or sold or new transactions could be entered into, or the actual terms on which existing transactions or securities could be liquidated. The current price is the value of the financial asset share, unit or contract as priced at the close of the market on the last day of the statement period or the last available price. All values provided for structured yield deposits (for example, JPMorgan London Time Deposits) reflect the original deposit amount only. The current value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are indicative values as of the Account W23560001 Page 37 of 39 Page 41 of 53 EFTA01538912 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 close of business of the date of this statement and, except as otherwise agreed in writing, these valuations do not represent the actual terms at which transactions or securities could be bought or sold or new transactions could be entered into, or the actual terms on which existing transactions or securities could be liquidated as of the date of this statement. We do not warrant their completeness or accuracy. These valuations are derived from proprietary models based upon well-recognized financial principles and we have, when necessary to calculate the present value of future cash flows, made reasonable estimates about relevant future market conditions. Valuations based on other models or different assumptions may yield different results. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the models or estimates used in deriving the valuations, (2) any errors or omissions in computing or disseminating the valuations, and (3) any uses to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Please refer to the trade confirmation for details of each transaction. Please review your statement promptly and report any discrepancies immediately to an account officer whose name appears on the contact page of this statement. This statement is not an official document for income tax reporting purposes. Deposits in Foreign Branches are not insured by the FDIC or any other Agency of the Federal Government; Amounts in such foreign accounts do not have the benefit of any Domestic preference applicable to U.S Banks; certain Foreign accounts are considered reportable to the Internal Revenue Service on a Report of Foreign Bank and Financial Account (TD F 90-22.1). Important Information Regarding Auction Rate Securities (ARS). ARS are debt or preferred securities with an interest or dividend rate reset periodically in an auction. Although there may be daily, weekly and monthly resets, there is no guarantee that there will be liquidity. If there are not enough bids at an auction to redeem the securities available for sale, the result may be a failed auction. In the event of a failed auction, there is no assurance that a secondary market will develop or that the security will trade at par or any other price reflected on statements and online.Accordingly, investors should not rely on pricing information appearing in their statements or online with respect to ARS. Where J.P. Morgan was unable to obtain a price from an outside service for a particular ARS, the price column on your statement and online will indicate "$0.00" which however should not be relied on as the price at which ARS would trade. Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, the Private Bank of J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request. Additional Information About Your Accounts Securities purchased or sold through JPMS (1) other than mutual funds, are EFTA01538913 cleared through J.P.Morgan Clearing Corp. ("JPMCC"), an affiliate of JPMS, and (2) other than exchange-listed options, are held in your Asset Account at 3PMorgan Chase Bank, N.A. Positions in exchange-listed options are held by 3.P.Morgan Clearing Corp. and are not delivered to or from your Asset Account. For your convenience, however, positions in exchange-listed options are presented in this Asset Account statement together with other assets held in that account. All pertinent information about your settled and pending purchases and sales effected through your 3PMS account during the period covered by this statement, is summarized in the "Trade Activity" portion of this statement. You should have received separate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse side of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplace where executed and governed by and construed in accordance with the laws of the State of New York and all applicable federal laws and regulations. Further information with respect to commissions and other charges related to the execution of transactions, including options transactions, has been included in confirmations that were previously furnished to you. Upon written request, 3PMS will promptly supply you with the latest such information. Shareholders of certain 3PMorgan Funds are charged a redemption fee equal to 2% of the proceeds if they exchange or redeem shares of such funds within 60 days of purchase, subject to certain exceptions set forth in the prospectus of the applicable Fund. Please consult your J.P. Morgan representative for a list of the JPMorgan Funds that impose redemption fees. Account W23560001 Page 38 of 39 Page 42 of 53 EFTA01538914 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 10/1/10 to 10/31/10 JPMCC and JPMS are members of the Securities Investor Protection Corp ("SIPC"), a not-for-profit membership corporation funded by broker-dealers registered with the Securities and Exchange Commission. Securities and cash held for a customer at JPMS and JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $100,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMorgan Chase Bank, N.A. (the "Bank") are not subject to SIPC. You may obtain information about SIPC, including the SIPC Brochure, on their website, at "www.sipc.org" or by contacting them at (202) 371-8300. To the extent applicable, please read the following disclosures regarding estimated annual income (EAI) and estimated yield (EY): EAI and EY for certain types of securities could include a return of principal or capital gains in which case the EAI and EY would be overstated. EAI and EY are estimates and the actual income and yield might be lower or higher than the estimated amounts. EY reflects only the income generated by an investment. It does not reflect changes in its price, which may fluctuate. JPMS, JPMCB or their affiliates (the "J.P. Morgan Companies") may provide administrative, custodial, sales, distribution or shareholder services to JPMorgan Funds, American Century Funds, or funds established, sponsored, advised, or managed by third parties, and the J.P. Morgan Companies may be compensated for such services. A financial statement of this organization is available to you for personal inspection at its offices, or a copy will be mailed to you upon written request. Bank products and services are offered through JPMCB and its affiliates. Securities are offered by JPMS and, to the extent noted above, cleared through JPMCC. If a partial call is made with respect to an issue of securities included in your Account we will allocate the call by a method we deem fair and equitable. You must promptly advise JPMS of material changes in your investment objectives or financial situation. Unless you inform JPMS otherwise, JPMS will consider the information currently in its files to be complete and accurate. JPMS is not a bank and is a separate legal entity from its bank or thrift affiliates, including JPMCB. The securities sold, offered, or recommended by JPMS: (1) Are not insured by the Federal Deposit Insurance Corporation, or any other governmental agency; (2) Are not deposits or other obligations of JPMS's bank or thrift affiliates (unless otherwise indicated), and are not guaranteed by or the responsibility of any such affiliates (unless explicitly stated otherwise); and (3) Involve investment risks, including possible loss of the principal invested. JPMS's banking affiliates may be lenders to issuers of securities that JPMS EFTA01538915 underwrites, in which case proceeds of offerings underwritten by JPMS may be used for the repayment of such loans, and you should refer to the disclosure documents relating to particular securities for discussion of any such lending relationships. The Federal Reserve requires that JPMS obtain your consent before it can obtain certain information from its bank or thrift affiliates, including their credit evaluation of you. We will assume that your continuing to transact business with JPMS will constitute your consent to the sharing of such information by JPMS and its bank or thrift affiliates, to the extent permitted by law. Account W23560001 Page 39 of 39 Page 43 of 53 EFTA01538916 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01538917 J.P. Morgan Securities LLC FINANCIAL TRUST COMPANY INC 383 Madison Avenue, New York, NY 10179 ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Margin Account J.P. Morgan Team Paul Morris Paul Barrett Janet Young William Doherty III Online access Banker Investment Specialist Client Service Team Client Service Team www.MorganOnline.com Transactions cleared and carried through J.P. Morgan Clearing Corp. One Metrotech Center North, Brooklyn, NY 11201-3859, (347) 643-2578 212-464-0701 (212) 622-2770 800/634-1318 Table of Contents Account Summary Holdings Cash and Short Term Options Other Assets Portfolio Activity 4 5 6 7 Page 2 Account 24200686 Page 1 of 10 Page 44 of 53 EFTA01538918 FINANCIAL TRUST COMPANY INC Account Summary MARGIN Cash Asset Allocation Cash & Short Term Options Other Assets Market Value Market Value 0.00 0.00 0.00 $0.00 Margin Market Value 157,562.01 (140,850.00) 5,420,750.00 $5,437,462.01 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred In Net Contributions/Withdrawals Change In Investment Value Ending Market Value 5,238,250.00 $5,238,250.00 139,300.00 $5,437,462.01 Period Value 59,912.01 Short Market Value 0.00 0.00 0.00 $0.00 Year-to-Date Value 0.00 274,012.00 (137,006.00) 5,238,250.00 $5,375,256.00 62,206.01 $5,437,462.01 Total EFTA01538919 157,562.01 (140,850.00) 5,420,750.00 Estimated Current Market Value Annual Income Allocation 3% Cash & Short Term 97% $5,437,462.01 $0.00 100% Asset Allocation - Margin ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Other Assets Account 24200686 Page 2 of 10 Page 45 of 53 EFTA01538920 FINANCIAL TRUST COMPANY INC Account Summary CONTINUED Current Tax Summary ST Realized Gain/Loss Realized Gain/Loss Period Value Year-to-Date Value (83,392.18) ($83,392.18) ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Unrealized Gain/Loss To-Date Value $383,848.19 Cost Summary Cash & Short Term Options Cost Other Assets Total 157,562.01 (103,948.19) 5,000,000.00 $5,053,613.82 Investment Objectives Speculation Permitted Capital Appreciation Yes Yes Account 24200686 Page 3 of 10 Page 46 of 53 EFTA01538921 FINANCIAL TRUST COMPANY INC Cash & Short Term Summary Beginning Asset Categories Cash Market Value 157,562.01 ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Ending Market Value 157,562.01 Change In Value 0.00 Current Allocation 3% Asset Categories Cash & Short Term Current Market Value/Cost Market Value Tax Cost Cash & Short Term Detail Quantity Account Cash US DOLLAR 157,562.01 Margin 1.00 157,562.01 157,562.01 Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield Period Value 157,562.01 157,562.01 Account 24200686 Page 4 of 10 EFTA01538922 Page 47 of 53 EFTA01538923 FINANCIAL TRUST COMPANY INC Options Summary Asset Categories Equity Beginning Market Value (97,650.00) Ending Market Value (140,850.00) Change In Value (43,200.00) Current Allocation ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Current Market Value/Cost Market Value Premium Unrealized Gain/Loss Options Detail Quantity Account Equity SPDR S&P 500 ETF TR CALL OPTION NOV 10 @ 117 Underlying Asset Price = $118.53 78462F-9A-W SPY (450.000) Margin 3.13 (140,850.00) (103,948.19) (36,901.81) Price Market Value Premium Unrealized Gain/Loss Period Value (140,850.00) (103,948.19) (36,901.81) Account 24200686 Page 5 of 10 Page 48 of 53 EFTA01538924 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Other Assets Summary Asset Categories Structured Investments Beginning Estimated Value 0.00 Ending Estimated Value 5,420,750.00 Change In Value 5,420,750.00 Current Allocation 97% Asset Categories Other Assets Current Market Value/Cost Estimated Value Tax Cost Estimated Gain/Loss Other Assets Detail Cost Quantity Account Structured Investments MS MARKET PLUS SPX 01/27/12 (70% CONTIN BARRIER-6.5%CPN ,UNCAPPED) INITIAL LEVEL-07/14/10 SPX:1094.91 617482-MQ-4 Price Estimated Value Adjusted Original Estimated Gain/Loss Accruals Period Value 5,420,750.00 5,000,000.00 420,750.00 5,000,000.000 Margin 108.42 5,420,750.00 EFTA01538925 5,000,000.00 420,750.00 Account 24200686 Page 6 of 10 Page 49 of 53 EFTA01538926 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Portfolio Activity Summary Beginning Cash Balance Transactions INFLOWS Total Inflows Contributions $0.00 OUTFLOWS Total Outflows Withdrawals $0.00 TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance $0.00 $157,562.01 * Year to date information is calculated on a calendar year basis. 1,978,795.79 (1,958,239.78) $20,556.01 -Current Period Value 157,562.01 Year-To-Date Value* -274,012.00 $274,012.00 (137,006.00) ($137,006.00) Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value 5,000,000.00 $5,000,000.00 Year-To-Date Value* 5,000,000.00 $5,000,000.00 Account 24200686 Page 7 of 10 Page 50 of 53 EFTA01538927 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 10/1/10 to 10/31/10 Portfolio Activity Detail INFLOWS & OUTFLOWS Settlement Date 10/4 Type Receipt of Assets Description MS MARKET PLUS SPX 01/27/12 (70% CONTIN BARRIER-6.5%CPN ,UNCAPPED) INITIAL LEVEL-07/14/10 SPX:1094.91 0902 AS OF 10/04/10 SUB-ACCOUNT: MGN Quantity Cost 5,000,000.000 Per Unit Amount Amount COST ADJUSTMENTS Settlement Date 10/5 Type Cost Basis Adjustment Description MS MARKET PLUS SPX 01/27/12 (70% CONTIN BARRIER-6.5%CPN ,UNCAPPED) INITIAL LEVEL-07/14/10 SPX:1094.91 GENERAL MAINTENANCE SUB-ACCOUNT: MGN Quantity 5,000,000.000 Cost Basis Adjustments 5,000,000.00 Account 24200686 Page 8 of 10 Page 51 of 53 EFTA01538928 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 10/1/10 to 10/31/10 All positions in this Margin Account Portfolio are held in custody at J.P. Morgan Clearing Corp. ("JPMCC"), One Metrotech Center North, Brooklyn, NY 11201-3859, (347) 643-2578. IMPORTANT INFORMATION ABOUT YOUR STATEMENT Contact your client service specialist if you think your statement is incorrect or you require additional information about a transaction on your statement. This statement is not an official document for income tax reporting purposes. Deposits in Foreign Branches are not insured by the FDIC or any other Agency of the Federal Government; Amounts in such foreign accounts do not have the benefit of any Domestic preference applicable to U.S Banks; certain Foreign accounts are considered reportable to the Internal Revenue Service on a Report of Foreign Bank and Financial Account (TD F 90-22.1). Important Information Regarding Auction Rate Securities (ARS). ARS are debt or preferred securities with an interest or dividend rate reset periodically in an auction. Although there may be daily, weekly and monthly resets, there is no guarantee that there will be liquidity. If there are not enough bids at an auction to redeem the securities available for sale, the result may be a failed auction. In the event of a failed auction, there is no assurance that a secondary market will develop or that the security will trade at par or any other price reflected on statements and online.Accordingly, investors should not rely on pricing information appearing in their statements or online with respect to ARS. Where J.P. Morgan was unable to obtain a price from an outside service for a particular ARS, the price column on your statement and online will indicate "$0.00" which however should not be relied on as the price at which ARS would trade. Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, the Private Bank of J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request JPMS and JPMCC are members of the Securities Investor Protection Corporation ("SIPC"). Securities and cash held for a customer at JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $100,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMorgan Chase Bank, N.A. ("JPMCB") are not subject to SIPC. For more information about SIPC Coverage, including the SIPC Brochure, visit www.sipc.org or by calling SIPC at (202) 371-8300. To the extent applicable, please read the following disclosures regarding estimated annual income (EAI) and estimated yield (EY): EAI and EY for certain types of securities could include a return of principal or capital gains in which case the EAI and EY would be overstated. EAI and EY are estimates and the actual income and yield might be lower or higher than the estimated amounts. EY reflects only the income generated by an investment. It does not reflect changes in EFTA01538929 its price, which may fluctuate. JPMS, JPMCB or their affiliates (the "J.P. Morgan Companies") may provide administrative, custodial, sales, distribution or shareholder services to JPMorgan Funds, American Century Funds, or funds established, sponsored, advised, or managed by third parties, and the J.P. Morgan Companies may be compensated for such services. A financial statement of this organization is available to you for personal inspection at its offices, or a copy will be mailed to you upon written request IMPORTANT INFORMATION ABOUT YOUR MARGIN ACCOUNT If you have a margin account with us, as permitted by law we may use certain securities in your account for, among other things, settling short sales and lending the securities for short sales, and as a result may receive compensation in connection therewith. Please keep the following in mind when using this statement to track your brokerage activity: This statement combines your general margin account with the special memorandum account required by Section 220.6 Regulation T. As required by Regulation T, a permanent record of your separate account is available upon your request. Important Information about Pricing and Valuations. Certain assets including but not limited to, pooled private investments, non - publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, Account 24200686 Page 9 of 10 Page 52 of 53 EFTA01538930 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 10/1/10 to 10/31/10 the value of which may have been provided to us by third parties who may not be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. Prices, some of which are provided by pricing services or other sources which we deem reliable, are not guaranteed for accuracy or as realizable values. Free credit balances in your account are not segregated and may be used in the operation of JPMCCs business, subject to the limitations of SEC Rule 15c3-3. Unless otherwise noted, JPMCC or its agents and depositories will hold your securities. Upon your demand, JPMCC will pay to you the amount of your free credit balance, and will deliver to you fully-paid securities held on your behalf. Interest will be charged on any debit balance; the method of calculating interest is described in a letter sent to all margin customers. You should have received separate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse side of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplace where executed and governed by and construed in accordance with the laws of the State of New York and all applicable federal laws and regulations. Further information with respect to commissions and other charges related to the execution of transactions, including options transactions, has been included in confirmations that were previously furnished to you. Upon written request, JPMS will promptly supply you with the latest such information. Bank products and services are offered through JPMCB and its affiliates. Securities are offered by JPMS and, to the extent noted above, cleared through JPMCC. If a partial call is made with respect to an issue if securities included in your Account we will allocate the call by a method to which we deem equitable. You must promptly advise JPMS of material changes in your investment objectives or financial situation. Unless you inform JPMS otherwise, JPMS will consider the information currently in its files to be complete and accurate. JPMS is not a bank and is a separate legal entity from its bank or thrift affiliates, including JPMCB. The securities sold, offered or recommended by JPMS: (1) Are not insured by the Federal Deposit Insurance Corporation, or any other governmental agency; (2) Are not deposits or other obligations of JPMS's bank or thrift affiliates (unless otherwise indicated), and are not guaranteed by or the responsibility of any such affiliates(unless explicitly stated otherwise); and (3) Involve investment risks, including possible loss of the principal invested. JPMS's banking affiliates may be lenders to issuers of securities that JPMS underwrites, in which case proceeds of offerings underwritten by JPMS may be EFTA01538931 used for the repayment of such loans, and you should refer to the disclosure documents relating to particular securities for discussion of any such lending relationships. The Federal Reserve requires that JPMS obtain your consent before it can obtain certain information from its bank or thrift affiliates, including their credit evaluation of you. We will assume that your continuing to transact business with JPMS will constitute your consent to the sharing of such information by JPMS and its bank or thrift affiliates, to the extent permitted by law. Account 24200686 Page 10 of 10 Page 53 of 53 EFTA01538932