To: Undisclosed recipients:[@] From: Jeffrey M Matusow Sent: Fri 8/13/2010 12:40:17 PM Subject: Conference Call with Jacob Frankel: Wednesday, Sept. 1, 11 a.m. ET

As policy makers gather for their annual Jackson Hole retreat later this month, there's no shortage of questions around how evolving monetary and fiscal policy will affect the investing environment. To help make sense of the changing landscape, we are pleased to invite you to a special conference call on Sept. 1 at 11a.m. (ET) with Dr. Jacob A. Frenkel, Chairman of JPMorgan Chase International. Dr. Frenkel will be attending this private symposium and will share his insights on the topics that were discussed and their potential impact. Rebecca Patterson, Private Bank Investment Strategist & Global Head of Currencies and Commodities, will moderate the call.

Below are details for the call. We hope that you can join this dialogue - communicating with our clients about global economic issues remains one of our highest priorities.

Regards,

Jeff

Please join us for a conference call featuring:

Dr. Jacob Frenkel

Chairman, JPMorgan Chase International

Hosted by:

Rebecca Patterson

Private Bank Investment Strategist & Global Head of Currencies and Commodities

J.P. Morgan Private Bank

Wednesday, September 1, 2010

## 11 a.m. ET

On the heels of the annual private meeting of the world's central bankers and finance ministers in Jackson Hole, Wyoming, Dr. Frenkel will share key takeaways. We will then discuss how those policy biases and risks may influence investing into 2011 and beyond.

• What issues are at the forefront for the world's top policy makers?

• What's next for global monetary and fiscal policy?

• How do we invest into 2011 given the extraordinary macro environment?

To dial in for the live audio portion of this call:

Toll free:

| Country | Toll-free number |
|---|---|
| U.S. | [redacted — blacked out] |
| France | [redacted — blacked out] |
| Italy | [redacted — blacked out] |
| Geneva | [redacted — blacked out] |
| Germany | [redacted — blacked out] |
| Spain | [redacted — blacked out] |
| United Kingdom | [redacted — blacked out] |
| Hong Kong | [redacted — blacked out] |
| Singapore | [redacted — blacked out] |

International Toll:

Conference ID for all:

## 11 a.m. ET (cont.)

Please submit any questions you would like us to address during the call to <u>PB Market Update@ipmorgan.com</u> and copy your J.P. Morgan representative.

If you are unable to join the conference, a replay of the call will be available from Thursday, September 2 through Wednesday, October 13.

U.S. toll free:

International toll:

Replay ID:

## About Dr. Jacob A. Frenkel

Dr. Jacob A. Frenkel is Chairman of JPMorgan Chase International, a member of the Executive Committee of JPMorgan Chase & Co. and the J.P. Morgan International Council. He also serves as Chairman and CEO of the Group of Thirty (G-30), which is a private, nonprofit, Consultative Group on International Economic and Monetary Affairs. Dr. Frenkel served from 2004 to 20O9 as Vice Chairman of American International Group, Inc. and from 2000 to 2004 as Chairman of Merrill Lynch International Inc., as well as Chairman of Merrill Lynch's Sovereign Advisory and Global Financial Institutions Groups.

Between 1987 and 1991, Dr. Frenkel was the Economic Counselor and Director of Research at the International Monetary Fund, and between 1973 and 1987 he was on the faculty of the University of Chicago, where he held the position of the David Rockefeller Professor of International Economics and served as Editor of the Journal of Political Economy. He is a Fellow of the Econometric Society, a Foreign Honorary Member of the American Academy of Arts and Sciences (AAAS), a Member of the Board of Directors of the National Bureau of Economic Research (NBER), a member of the International Advisory Board of the Council on Foreign Relations, a member of the Trilateral Commission, a Member of the Board of The Council for the United States and Italy, a member of the Investment Advisory Council of the Prime Minister of Turkey, a member of Temasek International Panel (TIP), and a member of the International Advisory Council of China Development Bank. He is also a member of the Board of Directors of Boston Properties, Inc., Loews Corporation and the Peterson Institute.

Dr. Frenkel is the author of numerous books and articles in the fields of International Economics and Macro-Economics. Dr. Frenkel holds a B.A. in economics and political science from the Hebrew University of Jerusalem, and an M.A. and Ph.D. in economics from the University of Chicago.

## About Dr. Jacob A. Frenkel (cont.)

## About Rebecca Patterson

Rebecca Patterson is Global Head of Currencies and Commodities for J.P. Morgan Private Bank, one of the world's leading wealth management firms with $720 billion in client assets. A senior member of the Firm's Investment Leadership Committee, Ms. Patterson oversees a global team of 15 specialists who develop customized foreign exchange and commodity investment strategies for high-net-worth individuals in the U.S., Europe, the Middle East & Africa, Asia Pacific and Latin America.

- Prior to joining the Private Bank, Ms. Patterson served as the Investment Bank's senior global FX strategist for North America. She formerly held international posts as head of emerging Asian FX research and as a senior member of the FX and Precious Metals strategy team, based in Singapore and London, respectively. During her tenure in the Investment Bank, Ms. Patterson was instrumental in the development of quantitative tools to help investors manage FX risks, and was responsible for formulating the Firm's macro views on FX markets worldwide.

- Prior to joining J.P. Morgan, Ms. Patterson was a journalist covering politics, economics and financial markets for Dow Jones, the Associated Press and the St. Petersburg (Florida) Times, in London, Rome, New York and Washington, DC. She also worked at the Council of Europe in Strasbourg, France.

- Ms. Patterson is a graduate of New York University (MBA), Johns Hopkins University (MA), and University of Florida (BS). She is a member of the Financial Women's Association and serves on the New York Advisory Council of ACCION USA. A trusted adviser to various departments of the U.S. government, Ms. Patterson appears regularly on CNBC and Bloomberg TV, and is frequently quoted in the financial print media worldwide.

- You have been invited to attend a conference call for J.P. ktorgan's private clients. By accepting this invitation. you understand that the call is intended for informational purposes only. It is not permissible to forward this information to anyone else. The information contained on the call is not intended as a solicitation for any product or service offered by J.P. Morgan or any of its affiliates. The view and strategies discussed may not be suitable for all investors. Securities are offered by J.P. Morgan Securities Inc. member FINRA. NYSE, and SIPC. J.P. Morgan Securities Inc. Is an affiliate of JPMorgan Chase Bank. N.A.

Investment products: Not FDIC insured, No bank guarantee, May lose value

- Name: present in signature (omitted)
- Organization: JPMorgan Private Bank
- Address: 40 West 57th Street, 33rd Floor, New York, NY 10019
- Contact fields shown: Work: [redacted], Fax: [redacted], Email: [redacted]
- Surrounding text shown: "Investment products: Not FDIC insured, No bank guarantee, May lose value" and "IRS Circular 230 Disclosure."

IRS Circular 230 Disclosure.

JPMorgan Chase & Co and its affiliates do not provide lax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or wnften to be used. and cannot be used. in connection with the promotion. marketing or

## About Rebecca Patterson (cont.)

recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.