09 Account Number FINANCIAL TRUST COMPANY, INC. September 01, 2003 - September 30. 2003 JPMorgan ('huse Bank 2003 345 Park A% enue, New York, NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 10 ot 14 IMPORTANT INFORMATKW ABOUT PRIVATE INVESTMENTS: FOOTNOTES 1 • 3 Pirate Equity Hedge Funds Erchenge F✓Inds Rea Estate and Other Memo!~ Assets I Died onva,eapinty.mreatrrents and pooled pls.investments (a g. mlorests rn Amited parthershos and &Ned bab(ty Canpanet) Ye genettrayAkquel secunted I/areawe estimated Onry end We not warranted tee aCCureCyOr COMple~ Yea/auto not teptesent IM et Wei Kerns et wet* ffnettont Or siøeurge.9 Could be bnuant Or Sal a new transactions Could Le entiredinfo a Pie &Tu./ tentle m when a. atng Dansactonsaktbi De Ipadefec I ea Or tne Oa» CI laa staten.ne Died pnvaeoeptuty investmeoU are genneystue d el teat unless Uwe ,a an actnencondarytradog market m seeunfiet vent" Can drool prnateeouty myeslmmts raked usmg market areas as 011118 CAM* Of Me butanøtts ~Mr thra Statement petted Pooled a mete ed y ~Metes are vaAial ea:acing to Me GenevalPattner's or ~epee's 9 Wei melhOzlObgy In genera! pooled pinata equ,ty investments &revoked/if COO 00.939 a *of icant reheat/near env< occurs when mandates, ~Monet the investment The Wrath", orelh000009em PoroeMYncrodo an aPPM.91110I tee unclehrog assets at the .01.« cost c a wrolen.doen amen( &lavabo at which lard party Onanong has occurred at o motel phoe t en same seconderymarket doveMps. n at yaw Ceti/Wed by an indoperelont early Reese toler to de tented partnetshw egteoment *ivied 4~1ycompany enema,: cv other ootrathedocumentaton lot nth throstenont la me spec& vahation methodokgy used by the Gemotal Portnot a Manager lot that toy:Jaen Mown etpimik,dtsclanns any rospcnstalyla Wawa «way°, Ina mlarnabco end Sy methodology used ty the GoneralPartner Managa danyngvalualOna (2)anyarcesor orro eons en corned»; ordissanmatng ttto vat:a/bons and Otanymo to wn.cn