The website

This website is maintained by J.P. Morgan Chase Bank, National Association and its affiliates (collectively, "J.P. Morgan Chase") at www.jpmorgansmartretirement.com (the "J.P. Morgan Asset Management Web site"). The J.P. Morgan Asset Management ("JPMAM") Web site contains a portion that provides account specific information and is accessible only through the use of a password (the "JPMAM Information Web site").

Date of Publication

Materials posted on the J.P. Morgan Asset Management Web site are published as of their stated date or, if no date is stated, the date of first posting. Neither J.P. Morgan nor any other party has undertaken any duty to update any such information.

Sponsors of the J.P. Morgan Asset Management web site

J.P. Morgan Asset Management, a business unit of J.P. Morgan Chase Bank, National Association, has prepared the materials posted on the J.P. Morgan Asset Management Web site.

The securities and other investment products referred to in the J.P. Morgan Asset Management Web site are not bank deposits and are not FDIC insured, nor are they obligations of or guaranteed by J.P. Morgan Chase Bank, National Association or any of its affiliates. These products involve investment risks, including the possible loss of the principal amount invested.

Disclaimers

Information herein has been obtained from sources believed to be reliable, but we do not warrant its accuracy. Such information may be incomplete or condensed. The value of the securities or financial instruments mentioned herein (including the income derived there from) may be adversely affected by changes in market prices and exchange rates, the imposition of taxes and other factors. Prices, opinions and estimates reflect our judgment on the date of original publication and are subject to change at any time without notice. Information concerning past performance is not necessarily a guide to future performance.

No Offer

Unless otherwise expressly stated, the materials and information posted here are presented for informational purposes only, and are not an offer or solicitation for the purchase of J.P. Morgan Chase Bank, National Association or sale of any securities or financial instruments or to provide any investment service or investment advice. Securities offered outside the U.S. in reliance on Regulation S of the Securities and Exchange Commission are not offered or available to U.S. persons.

Suitability

Securities or financial instruments mentioned herein may not be suitable for all investors. The recipient of this report must make its own independent decisions regarding any securities or financial instruments mentioned herein. Any reliance you may place on the accuracy of this information or the validity of our opinion is at your own risk.

J.P. Morgan Chase Bank, National Association Positions

We or a company or person connected or associated with us may be an underwriter or distributor of, or a marketmaker or otherwise hold a long or short position as a principal in, a security or financial instrument (or in options, futures or other derivative instruments thereon) which has been discussed herein or issued by an issuer, or an issuer in an industry or market segment, discussed in the J.P. Morgan Asset Management Web site. We may also act as advisor or lender to an issuer or participate on a creditors' committee relating to the restructuring of an issuer mentioned herein. In addition, our employees may have positions or effect transactions in securities or financial instruments mentioned herein (or options with respect thereto) or serve as directors of issuers mentioned herein.

International Considerations
United States

J.P. Morgan Asset Management Web site (www.jpmorgansmartretirement.com) accepts responsibility for the contents of the website in the United States. Authorization to access the Web site may be obtained by clients.

Copyright Notices

The works of authorship contained in the J.P. Morgan Asset Management Web site, including but not limited to all design, text, sound recordings and images, are owned, except as otherwise expressly stated, by J.P. Morgan Chase Bank, National Association or one of its subsidiaries. Except as otherwise expressly stated herein, they may not be copied, transmitted, displayed, performed, distributed (for compensation or otherwise), licensed, altered, framed, stored for subsequent use or otherwise used in whole or in part in any manner without J. P. Morgan Chase's prior written consent, except to the extent permitted by the Copyright Act of 1976 (17 U.S.C. 7), as amended, and then, only with notices of J. P. Morgan Chase`s proprietary rights.

Trademark Notices

J.P. Morgan Chase Bank, National Association and the "Chase Octagon Symbol" are registered trademarks of J.P. Morgan Chase Bank, National Association. Other featured words or symbols, used to identify the source of goods and services, are the trademarks of their respective owners.

Web Content and Materials

The information and materials posted on the J.P. Morgan Asset Management Web site - and the terms and conditions of the access to and use of such information and materials - are subject to change without notice. Not all products and services are available in all geographic areas. Your eligibility for particular products and services is subject to final J.P. Morgan Chase Bank, National Association determination and acceptance.

J.P. Morgan Chase Bank, National Association OR ITS SUPPLIERS MAY DISCONTINUE OR MAKE CHANGES IN THE INFORMATION, PRODUCTS OR SERVICES DESCRIBED HEREIN AT ANY TIME. J. P. MORGAN CHASE RESERVES THE RIGHT TO TERMINATE ANY OR ALL WEB OFFERINGS WITHOUT PRIOR NOTICE TO THE USER.

Links to Other Sites

Links to non-J.P. Morgan Chase Bank, National Association websites are provided solely as pointers to information on topics that may be useful to users of the J.P. Morgan Asset Management Web site, and J.P. Morgan Chase Bank, National Association has no control over the content on such non-J.P. Morgan Chase Bank, National Association websites. If you choose to link to a website not controlled by J.P. Morgan Chase Bank, National Association, J.P. Morgan Chase Bank, National Association makes no warranties, either express or implied, concerning the content of such site, including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does J.P. Morgan Chase Bank, National Association warrant that such site or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. J.P. Morgan Chase Bank, National Association does not guarantee the authenticity of documents on the Internet. Links to non-J.P. Morgan Chase Bank, National Association sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites.

LIMITATION OF LIABILITY

FACTORS, J.P. Morgan Chase Bank, National Association IS NOT RESPONSIBLE FOR ANY ERRORS IN OR OMISSIONS FROM THE INFORMATION CONTAINED IN OR ACCESSED THROUGH THE J.P MORGAN ASSET MANAGEMENT WEBSITE. ALL SUCH INFORMATION IS PROVIDED "AS IS" TO THE USER WITHOUT EXPRESS OR IMPLIED WARRANTIES OF ANY KIND INCLUDING THE WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OF INTELLECTUAL PROPERTY OR FITNESS FOR ANY PARTICULAR PURPOSE. FURTHERMORE, J.P. Morgan Chase Bank, National Association WILL NOT BE LIABLE FOR ANY DELAY, DIFFICULTY IN USE, INACCURACY OF INFORMATION, COMPUTER VIRUSES, MALICIOUS CODE OR OTHER DEFECT IN THIS WEBSITE, ANY INCOMPATIBILITY BETWEEN THE J.P MORGAN ASSET MANAGEMENT WEBSITE AND FILES AND THE USER'S BROWSER OR OTHER SITE ACCESSING PROGRAM, OR ANY OTHER PROBLEMS EXPERIENCED BY THE USER DUE TO CAUSES BEYOND J.P. Morgan Chase Bank, National Association's CONTROL. NO LICENSE TO THE USER IS IMPLIED IN THESE DISCLAIMERS.

EXCEPT AS MAY BE OTHERWISE EXPRESSLY PROVIDED BY WRITTEN AGREEMENT BETWEEN J.P MORGAN CHASE AND THE USER, J.P. Morgan Chase Bank, National Association WILL HAVE NO TORT, CONTRACT OR ANY OTHER LIABILITY TO THE USER AND/OR ANY THIRD PARTY ARISING IN CONNECTION WITH THE USE OF THE J.P MORGAN ASSET MANAGEMENT WEB SITE, OR RELIANCE ON ANY INFORMATION OR SERVICES PROVIDED AT THIS WEBSITE. J.P. Morgan Chase Bank, National Association WILL UNDER NO CIRCUMSTANCES BE LIABLE TO THE USER AND/OR ANY THIRD PARTY, REGARDLESS OF THE FORM OF ACTION, FOR ANY LOST PROFITS OR LOST OPPORTUNITY, OR ANY INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES WHATSOEVER, EVEN IF J.P. Morgan Chase Bank, National Association HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Governing Law

The user's access to and use of the J.P. Morgan Asset Management Web site, and the laws of the State of New York govern the terms of this disclaimer.