FINANCIAL TRUST COMPANY INC ACCT. For the Period 1/1112 to 1/31/12 Equity Summary Asset Categories Beginning Ending Change Current Market Value Market Value In Value Allocation Non-US Equity (25,785 00) (26.130.00) (345.00) Market Value/Cost Current Penod Value Market Value (26,130.00) Tax Cost (30,079.63) Unrealized Gain/Loss 3,949.63 Estimated Annual Income (2,568.00) Equity Detail Quantity Adjusted Tax Cost Unrealized Est Annual Inc Price Account Value Original Cost GairuLoss Accrued Div. Yield Non-US Equity TELEFONICA S A SPONS ADR 879382.208 TEF JP Morgan 17.42 (I 500 000) (26.130.00) (30.079.63) 8949.63 (2,568 00) 9.83% Short Account 24200686 Page 4 of 7 Consolidated Statement Page 34 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00015563 SDNY_GM_00284761 EFTA01492752