07 12003 Account Numbe FINANCIAL TRUST COMPANY INC July 01, 2003 - July 31, 2003 J.P. Morgan Securities Inc. 270 Park Avenue. New York. NY 10017 JPMorgan Private Bank Margin Account Portfolio Page 64 of 64 IMPORTANT INFORMATION ABOUT YOUR JPMSI MARGIN ACCOUNT If there are any ewer* or omissions on Mb matement, WIf you have any questions about Went contact your JPfai Amount Representative or JAWS, Compliance DaPattMet6 at an/ 483'2323. Please keep the kabanng an mold when using Ma statement b beck your JPMSI brokerage acbily This staternent combines )out general Imago account roM the specs& arm:random account requeed by Seaton 220 6 Regulation T Aar reqwed by Regubbon T a permanent mood el you separate account as nett* won has request. Important Information about Mang and Malden'. Hares some of which areprovided by acing aerates a other swam *hal we deem rettlas we Oa gustenteed fa *coney or as reeazabb valves Free mar Mantes in yew account we not segregate/ and may be used in the canton of JPMSIs busoess sot/pea10 Nit ImMtuns Of SEC Rule 1503-3 Unless othembe insbveled. JPMSI a as *dents and depmlenes rnir hob )w aecunbes Upon yew demand. JPIASJ tot pay to you the anount amt.,' free wed, babn0e. and wtIdekier to you My -pad soCunTes heal On 300' Delta Interest toy bechested on any debit balance me machod Of °obviating interests desonbed ma letter sent ban margin warms's. Upon soften request JPIASt ea supply you wan W most recant statement required to be Una/led to customers under SEC Rub 17a-5(c) Is patr cal is made wen respect ban Issue of soctrates included in yew lane, Account we mese:cab the call by • method we doom taw and equitable You snood have waved separate JPMSI trade contrmetcns each secuntes transaction At tansactons ere subject btho loons and von tons :sated on ere reverse side Of such contomattra and we subject bile constitution bylaws customs and nterpretatcos dare rnwbsteklaco oleo meowed and governed by and construed in accord