From: US GIO To: Undisclosed recipients:; Subject: J.P. Morgan Conf Call: Exit Euro Crisis Panel : Global Conf Call Update — Part 2 TODAY (i://, 11:30am ET Date: Wed, 13 Jun 2012 11:40:55 +0000 Inline-Images: image001.png J. P. Morgan Conference Call Exit Euro Crisis Panel : Global Conf Call Update — Part 2 • Why did markets sell-off, not rally following the €100b bailout package? • Why does our European team expect the Spanish bank recap to be followed by a larger formal rescue package? • What steps and actions would give our European team greater confidence of a more complete European solution • We do not think a bear market is taking root. But how close are markets to capitulation? Several key indicators suggest markets are showing evidence of capitulation—hence, potential for a turning point in markets. Hosted by Thomas Lee Chief U.S. Equity Strategist Joining the call: Nikolaos Panigirtzoglou - Global Market Strategist Pavan Wadhwa - Global Head of Interest Rate Strategy Wednesday, June 13 @ 11:3Oam ET / 16:30 UK DIAL-IN: 800-857-9651 (US); +1-312-470-7357 (outside US); Passcode: STRATEGY International Dial-ins CHINA -A 10800-712-1320 CHINA - B 10800-120-1320 BRAZIL 0800-8911992 FRANCE 080-510-0831 GERMANY 0800-000-1654 GREECE 00800-12-6872 HONG KONG 800-900-592 ITALY 800-987-450 JAPAN 00531-12-1857 NETHERLANDS 0800-020-0428 SAUDI ARABIA 800-8-110012 SINGAPORE 800-120-4272 SOUTH KOREA 00798-14800-6732 SPAIN 800-098-445 SWITZERLAND 0800-001-296 TAIWAN 00801-137-708 UNITED KINGDOM 0800-279-3953 OTHER 44-20-7108-6248 EFTA01177600