10 Account Number O 78805-00-1 FINANCIAL TRUST COMPANY, INC. October 01, 2004 - October 31, 2004 JPMorgan Clime Bank 2004 345 Park A% enue, New York, NY 10154-IOW II3JPMorgan Private Bank Asset Account Portfolio Page 10 ot 14 IMPORTANT INFORMATKW ABOUT PRIVATE INVESTMENTS: FOOTNOTES 1 • 3 Prhate Equity Hedge Funds Ekehenge Funds Red Estate and Other Mane!~ Assets I Died nne,eepwty.ns.attrents and pooled pls.investments (e g interests rn Amited partneeshas and inMed babAy Canpanes) Ye generae»Mguel secunbes Yates we estimates "end re not nonanted tor aCCuraCyOr COMple~ Valinado not reposent IM et Wei teems et wna) b•MettOn3 Or siøeurge.9 Could be bOuglit or sod a new frenseettens Ød be entered info a Pie &Tu./ temq m when e.at,n21, ansaclonscouti be IN tudefect ea Cht Me Oa» CI staten.nt Died privilege eq tub.. investmem.5 are genneyve,a d Cast uness Uwe is an actnencondarytradng market in the seeunfieS Mmortaite thee, nateeouty nvosImmts an raked usmg n‘ FM prices as Of the CAn• Me WI DOOMS* ~Mr thre Statement period Pooled ponateedury ~Monts are vaAhadaccadng to the GenetalPartnets ~ogees staled methOclabgy In general pooled pinata eqinty "entrants &revoke, d at COO 00339 a spotter', aft's!~ *rent Oaaa9 when mendatn ~Monet the investment The uateabon rreln0 O0009es PoroWYnciode an aPnaelol the unclehrry assets at the My.* o oast awrgien.donn ampunt at a web. at wile," thrd party Inanong has occumed morkel phoe I tan actwe sacondarymarket dovekips. n at ratio Cattgated by an ~open:Mot party Reese rider to the Jolted partnershw einoment *Mod 4~1ycompany agreement Cv Other OC) I ON( ffidOCurnentalon lot each "treatment la me spec& vatiation nythodobity used by the General Patnot a Manager la that investment 14.gan eiptessl>Asclaeros any rospcnstalylce Mtn* «way°, Ina inlormahce end the memaJoSogy used try Me GoneralPattner Managan dawngwalualens. (2)anyerrasor an:goons in COmpdn; (MU/mule/mg the våkasbons and ())any use to Mbar