EFTA00087169

JPMorgan Chase Bank

New York, NY 10154-1002

Account Number:
JEFFREY EPSTEIN

JPMorgan Private Bank

Confidential

Page 1 of 9

## Asset Account Portfolio

September 1 - September 30, 2002

<table border="1"><tr><td></td><td>Page</td></tr><tr><td>Portfolio Summary</td><td>2</td></tr><tr><td>Cash and Short Term</td><td>3</td></tr><tr><td>Trade Activity</td><td></td></tr><tr><td>Account Transactions</td><td>6</td></tr></table>

## Account Officers

Service Specialist: RILEY/HORNBECKER



000000.0000.00.0000.0000.00000000.000000

JEFFREY E EPSTEIN

C/O FINANCIAL TRUST COMPANY

ATTN: JEANNE BRENNAN




ST THOMAS VI 00802


Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005505

EFTA00087170

Account Number:

JEFFREY EPSTEIN

JPMorgan Private Bank

JPMorgan Chase Bank

, New York, NY 10154-1002

Except for the Deposit Account (if elected), and the cash in your Asset Account, which are insured deposits with JPMCB, none of the investments referred to in this statement of your Asset Account, including mutual funds, are FDIC insured or bank deposits, obligations of or guaranteed by JPMCB or any of its bank or thrift affiliates (unless otherwise indicated). Such securities and other investments are subject to investment risks, including possible loss of the principal amount invested. See "Important Information about your JPMSI Brokerage Account" at the end of this Asset Account Portfolio.

## Portfolio Summary

Page 2 of 9



Asset Account Portfolio

September 01, 2002 - September 30, 2002



## Overview

<table border="1"><tr><td></td><td>Market Value USD Sep 30</td><td>Market Value USD Aug 31</td><td>Tax Cost USD</td><td>Estimated Annual Income USD</td><td>Yield %</td></tr><tr><td>Cash &amp; Short Term</td><td>6,838,687.24</td><td>14,816,643.79</td><td>6,838,687.24</td><td>109,416.12</td><td>1.6</td></tr><tr><td>Total</td><td>6,838,687.24</td><td>14,816,643.79</td><td>6,838,687.24</td><td>109,416.12</td><td>1.6</td></tr><tr><td>Accrued Income</td><td>11,992.75</td><td>22,043.45</td><td></td><td></td><td></td></tr><tr><td>Total Portfolio Value</td><td>6,850,679.99</td><td>14,838,687.24</td><td></td><td></td><td></td></tr></table>

## Asset Allocation

Income Summary

<table border="1"><tr><td></td><td>This Period USD</td><td>Year to Date USD*</td></tr><tr><td>Taxable Interest</td><td>949.99</td><td>949.99</td></tr><tr><td>U.S. Tax Exempt Dividends</td><td>21,093.46</td><td>21,475.74</td></tr><tr><td>Total</td><td>22,043.45</td><td>22,425.73</td></tr></table>

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005506

EFTA00087171

JPMorgan Chase Bank

, New York, NY 10154-1002

Account Number:
JEFFREY EPSTEIN

JPMorgan Private Bank



Asset Account Portfolio
September 01, 2002 - September 30, 2002


Page 3 of 9

## Cash and Short Term

<table border="1"><tr><td></td><td>Current Market ValueUSD</td><td>Estimated Annual IncomeUSD</td></tr><tr><td>Cash</td><td>957.08</td><td>12.44</td></tr><tr><td>Less Than 3 Months</td><td>6,837,730.16</td><td>109,403.68</td></tr><tr><td>Total</td><td>6,838,687.24</td><td>109,416.12</td></tr></table>

Current yield is displayed for instruments with no maturity and YTM on market is displayed for instruments that mature.

<table><thead><tr><th>Description</th><th>Currency</th><th>Quantity</th><th>Unit Cost Adjusted Original</th><th>Market Price</th><th>Tax Cost Adjusted Original</th><th>Current Market Value USD Accrued Interest USD</th><th>Unrealized Gain/Loss USD</th><th>Estimated Annual Income USD</th><th>Current Yield/YTM %</th></tr></thead><tbody><tr><td colspan="10">Cash</td></tr><tr><td>JP MORGAN TAX FREE MONEY MARKET<br>PREMIER CLASS SWEEP FUND (92)<br>(SWEEP DEADLINE IS 11:30 AM EST)<br>7-Day Annualized Yield: 1.27%</td><td>USD</td><td>957.08</td><td>1.00</td><td>1.00</td><td>957.08</td><td>957.08<br>0.83</td><td></td><td>12.44</td><td>1.30</td></tr><tr><td colspan="10">Short Term by Maturity</td></tr><tr><td>JP MORGAN TAX FREE MONEY MARKET<br>FUND INSTITUTIONAL SHARE CLASS<br(FUND 840)<br>7-Day Annualized Yield: 1.52%</td><td>USD</td><td>6,837,730.16</td><td>1.00</td><td>1.00</td><td>6,837,730.16</td><td>6,837,730.16<br>11,991.92</td><td></td><td>109,403.68</td><td>1.60</td></tr></tbody></table>

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005507

EFTA00087172

JPMorgan Chase Bank

New York, NY 10154-1002

Account Number:

JEFFREY EPSTEIN

JPMorgan Private Bank



Asset Account Portfolio

September 01, 2002 - September 30, 2002



Page 4 of 9

<table border="1"><tr><td colspan="9">Cash and Short Term by Type continued</td></tr><tr><td>DescriptionCusip/S&amp;P/Moody&#x27;s Rating</td><td>Currency</td><td>Quantity</td><td>Unit CostAdjustedOriginal</td><td>MarketPrice</td><td>Tax CostAdjustedOriginal</td><td>CurrentMarket Value USDAccrued Interest USD</td><td>UnrealizedGain/Loss USD</td><td>EstimatedAnnualIncome USD</td><td>CurrentYield/YTM%</td></tr><tr><td>Total Cash and Short Term</td><td></td><td></td><td></td><td></td><td>6,838,687.24</td><td>6,838,687.2411.992.75</td><td>0.00</td><td>109,416.12</td><td>1.60</td></tr></table>

Important Information about Pricing and Valuations

Prices, some of which are provided by pricing services or other sources which we deem reliable, are not guaranteed for accuracy or as realizable values.

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005508

EFTA00087173

JPMorgan Chase Bank

, New York, NY 10154-1002



Account Number:
JEFFREY EPSTEIN




Asset Account Portfolio
September 01, 2002 - September 30, 2002


JPMorgan Private Bank

Page of 9

## Trade Activity

<table border="1"><tr><td colspan="2">Realized Gain/Loss Summary</td><td>Amount USD</td></tr><tr><td>Short Term Gain/Loss</td><td></td><td>0.00</td></tr><tr><td>Long Term Gain/Loss</td><td></td><td>0.00</td></tr></table>

L indicates Long Term Realized Gain/Loss

Capital gains and losses on sales with missing or incomplete tax cost are identified with N/A.

<table><thead><tr><th>Trade Date</th><th>Settlement Date</th><th>Type</th><th>Description</th><th>Currency</th><th>Quantity</th><th>Price/Unit</th><th>Market Cost/Proceeds</th><th>Tax Cost</th><th>Realized Gain/Loss USD</th></tr></thead><tbody><tr><td colspan="10">Settled</td></tr><tr><td>Aug 30 Sep 3</td><td>Purchase</td><td></td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840)</td><td>USD</td><td>21,086.37</td><td>1.00</td><td>- 21,086.37</td><td></td><td></td></tr><tr><td>Sep 10 Sep 10</td><td>Sale</td><td></td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840)</td><td>USD</td><td>- 2,000,000</td><td>1.00</td><td>2,000,000.00</td><td>- 2,000,000.00</td><td></td></tr><tr><td>Sep 16 Sep 16</td><td>Sale</td><td></td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840)</td><td>USD</td><td>- 1,000,000</td><td>1.00</td><td>1,000,000.00</td><td>- 1,000,000.00</td><td></td></tr><tr><td>Sep 18 Sep 18</td><td>Sale</td><td></td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840)</td><td>USD</td><td>- ■000,000</td><td>1.00</td><td>■000,000.00</td><td>- ■000,000.00</td><td></td></tr></tbody></table>

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005509

EFTA00087174

JPMorgan Chase Bank

New York, NY 10154-1002

Account Number:
JEFFREY EPSTEIN

JPMorgan Private Bank



Asset Account Portfolio
September 01, 2002 - September 30, 2002


Page 6 of 9

## Account Transactions

<table border="1"><tr><td colspan="3">Cash Activity Summary</td></tr><tr><td></td><td>Amount this Period USD</td><td>Amount Year to Date USD*</td></tr><tr><td>Beginning Balance</td><td>.00</td><td></td></tr><tr><td>Credits</td><td></td><td></td></tr><tr><td>Dividends</td><td>21,093.46</td><td>21,475.74</td></tr><tr><td>Taxable Interest</td><td>949.99</td><td>949.99</td></tr><tr><td>Sweep Account Sales</td><td></td><td>48,998.65</td></tr><tr><td>Sales, Maturities, Redemptions</td><td>8,000,000.00</td><td>18,000,000.00</td></tr><tr><td>Miscellaneous Receipts</td><td></td><td>24,767,645.14</td></tr><tr><td></td><td></td><td></td></tr><tr><td>Debits</td><td></td><td></td></tr><tr><td>Sweep Account Purchases</td><td>-957.08</td><td>-1,339.36</td></tr><tr><td>Purchases of Securities</td><td>-21,086.37</td><td>-24,837,730.16</td></tr><tr><td>Miscellaneous Disbursements</td><td>-8,000,000.00</td><td>-18,000,000.00</td></tr><tr><td>Ending Balance</td><td>.00</td><td></td></tr></table>

*Year to date information is calculated on a calendar year basis.

<table border="1"><tr><td colspan="5">Activity by Date</td></tr><tr><td>Settlement Date</td><td>Type</td><td>Quantity</td><td>Description</td><td>Amount USD</td></tr><tr><td>Sep 3</td><td>Dividend</td><td></td><td>JP MORGAN TAX FREE MONEY MARKET PREMIER CLASS SWEEP FUND(92)(SWEEP DEADLINE IS 11:30 AM EST)</td><td>7.09</td></tr><tr><td>Sep 3</td><td>Interest</td><td></td><td>INTEREST FOR AUG.@1.4% ON NET AVERAGE COLLECTED BALANCE$798,956.29AS OF 09/01/02</td><td>949.99</td></tr></table>

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005510

EFTA00087175



09


JPMorgan Chase Bank

, New York, NY 10154-1002

Account Number:

JEFFREY EPSTEIN

JPMorgan Private Bank



Asset Account Portfolio

September 01, 2002 - September 30, 2002



Page 7 of 9

<table><thead><tr><th colspan="5">Activity by Date</th></tr><tr><th>Settlement Date</th><th>Type</th><th>Quantity</th><th>Description</th><th>Amount USD</th></tr></thead><tbody><tr><td>Sep 3</td><td>Dividend</td><td></td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840)</td><td>21,086.37</td></tr><tr><td>Sep 3</td><td>Purchase</td><td>21,086.37</td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840) INCOME DIVIDEND REINVESTED @ $1.00 J P MORGAN SECURITIES INC AS AGENT TRADE DATE 08/30/02</td><td>- 21,086.37</td></tr><tr><td>Sep 3</td><td>Purchase</td><td>957.08</td><td>J P MORGAN TAX FREE MONEY MARKET PREMIER CLASS SWEEP FUND (92) (SWEEP DEADLINE IS 11:30 AM EST)</td><td>- 957.08</td></tr><tr><td>Sep 10</td><td>Sale</td><td>- 2,000,000</td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840) J P MORGAN SECURITIES INC AS AGENT @ 1.00 TRADE DATE 09/10/02</td><td>2,000,000.00</td></tr><tr><td>Sep 10</td><td>Misc. Disbursement</td><td></td><td>TRANSFERRED BY WIRE TO PALM BEACH NATL BK &amp; TR CO FAO JEFFREY EPSTEIN LETTER FROM CLIENT</td><td>- 2,000,000.00</td></tr><tr><td>Sep 16</td><td>Sale</td><td>- 1,000,000</td><td>J P MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840) J P MORGAN SECURITIES INC AS AGENT @ 1.00 TRADE DATE 09/18/02</td><td>1,000,000.00</td></tr></tbody></table>

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005511

EFTA00087176



09


JPMorgan Chase Bank

, New York, NY 10154-1002

Account Number:

JEFFREY EPSTEIN

JPMorgan Private Bank



Asset Account Portfolio

September 01, 2002 - September 30, 2002



Page 8 of 9

<table><thead><tr><th colspan="2">Activity by Date</th><th colspan="3">continued</th></tr><tr><th>Settlement Date</th><th>Type</th><th>Quantity</th><th>Description</th><th>Amount USD</th></tr></thead><tbody><tr><td>Sep 16</td><td>Misc. Disbursement</td><td></td><td>TRANSFERRED BY WIRE TO PALM BEACH NATL BK &amp; TR CO FAO JEFFREY EPSTEIN LETTER FROM CLIENT</td><td>- 1,000,000.00</td></tr><tr><td>Sep 18</td><td>Sale</td><td>- 5,000,000</td><td>J.P. MORGAN TAX FREE MONEY MARKET FUND INSTITUTIONAL SHARE CLASS (FUND 840) J.P.MORGAN SECURITIES INC AS AGENT @ 1.00 TRADE DATE 09/18/02</td><td>5,000,000.00</td></tr><tr><td>Sep 18</td><td>Misc. Disbursement</td><td></td><td>TRANSFERRED BY WIRE TO PALM BEACH NATL BK &amp; TR CO FAO GHISLAINE MAXWELL LETTER FROM CLIENT</td><td>- 5,000,000.00</td></tr></tbody></table>

Confidential Treatment Requested by JPMorgan Chase

JPM-SDNY-00005512

EFTA00087177