J.P.Morgan JEFFREY EPSTEIN ACCT. For the Period 8/1/09 to 8/31/09 lenponant lacy neon Rogivang Audio(' Rate Swages (ARS) ARS medal>: or preferrodsecureas with en inns a dividend rate reset peroacelon an aucton Although thee may De daily weeAly and rronaly resets meters no agnate *a( ewe wet Do knaaday If Pore are not enough ads a: an etre. On to redeem the 'pewees enbebblela seta the resat may be a failed *mien Ina faded aucton awe es no assuance that a secondaymarket we deneopor that the secunty wM tale atom a anyotter am roamed on state/Teas Accoedoget eh, eelors shard not rely an estop Interne: On Mptereng en thew slitements welt resped to ARS If you hang 0100en one a the "flop mutual funds you are meted that poseons in the Pane Money Merkel Seem Fund represent holdings/ill* JPMorgan Fame Money Merkel and. posikos in the FederalMoney Merkel Sweep Fund represent hottogs en the JPMorgan FederalMoney Market Fund and posolions in tee Tan E *env: Money Modem Seep Fund representhalngS th the JPMagan Tan Exempt Money Manal Fund You that: hoe reamed sepeateCOnfermatalle la fl at Neeenbekt transaceOn AO eloseChans are eutDODI 10 the terms end ModebOns staled err me reverses/de a such (*amebae end be savant to the COnStrtubOn bylaws. Malone end interpretations a the eneketamewhere executed and governed by and construed in accordance with the taws abbe State of New Yak and al *acad., feleal laws and regutatons F✓ureter Moneta, nen respect to cornmesons and otlw charges related* the reckon of tranSaatOS. enatdong options denssoloot has teen oclucted in confernebons that were proyousbelurrethed to you Upon written request JPMSI we Parody supply ow end, the bay/ such oformeteon Shwelsokkesa tartan JPMagan Ponds arechargede redenpleon feeequal* 2% of the proceeds d they erchenmea redeem shares a sten funds within 60 days a purchase subject to certaen exceptions se: lath male prospectus al the applcadeFund Pease consult y t,JP MOrgeneepasentebeabr asetof the JPM0eg