JPMorgan 0 Private Bank FINANCIAL TRUST COMPANY INC ACCT. O30171005 For the Period 4/1/08 to 4/30/08 Important In formaron abort Auttan Rat &Kona. (ARS) ARS modem cr rveind seGw ohm ma an eta era* dnalta d gab a reserpanaleab m an austan Afttstrygn int. trwt Co daCy ~ay end MCOMbg Mani thAV a no pa, Anloo ma: MarawN be leuday N then s wand enough bsds at an motion to redeem In. sagyabs shoatt kr sale the gessat may bee haat avaon In sr Wed auction Lowness no ass yahoo trot a secondaymarkelma develop a Nat the secants' wee bade at par a any cam ace rebated on stamen's Acoataaly investors shoud no! relyon pomp gractmaton appears, a thaw stOperw,l3 wan respect to ARS The Oaf/take of Me Jartaban Funds d JPMorgan Delmbutson Services Inc. each a an afro:ilea JPIVapan Chase Bank. N A Jagbpan Chase Bank NA and as athletes receaecompensetar from Jflrorgen Fonds kr provichno smakes Amerman Century Ihmserent Saari, Inc a the Moamar Or the Arna.COn Century Fundl ArnetwanComay Investor, saanagegnwit Mc an68as invn!mtinladv8CE to ts respects,. fund farm yand tootowascornprmsetan born mat fund tangy kr prowang myosins.), tklasayara other races SINS gs the coaadgan of toted °plans and most mutual funds asoludasg Med partymotuat funds purchased through JPMSI Youshout, have gectwedsaparabaJPMS1conamarans fa each sacwaastransaclon AN tgargsactons we sutyea to Me Mims sod condtcns stated on ere gems se Ode a such contrmations and wer sumac to the consbaton by.kon a customs and mkt peratonsa the magraohnenduremeogtecland governed by and constrced in accadanceman the laws dike Sat e of New York and ea appkabietederal tar s end gegukhons Curtner akar...ton with respect to commasons and oche. charges relate< Ito the execbtona Panoactrons gnakang *Plans franSeiCtion, he, tieen exlude0 fro ConIffnebons MN cereprecoushfurnehedlo 1Oll Upon weaken requea JPMSI vo,0poniptif supp), you *AM te* le*If such oxtormston Sae thadersof caras-PM Funds sechadeda rederrolon kerma), to 2% a t