sr. . ilea-, For the Period 3/1/12 to 3/31/12 Account Summary Account Beginning Net Number Market Value Ending Net Market Value Change In Value Start on Page Investment Account(s) THE HAZE TRUST 20,819,223.02 20,875,271.20 58,048.18 4 THE HAZE TRUST 0.00 0.00 0.00 14 Total Value $20,619,223.02 $20,676,271.20 $56,048.18 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 exchange- listed options, which are held at JPMorgan 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 JPMS. 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 rFINRA") and Securities Insurance Protection Corporation ("SIPC1. The Margin Account Statement reflects brokerage transactions executed by JPMS, see "Portfoho Activity Detail". Such transactions are cleared and carried through JPMCC. Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). 0000009540 '50 1500X? HAZE TOO 20,2:0403 J.P. Morgan Client News J.P. Morgan Securities LLC's (JPMS LLC) and J.P. Morgan Clearing Corp.'s (JPMCC) Net Capital and Net Capital Requirements At December 31. 2011, JPMS LLC's net capital of $11.1 billion exceeded the minimum regulatory net capital requirement of $1.6 billion by $9.5 billion. JPMCC's net capital of $7.4 billion was approximately 7.7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $1.