JPMORGAN CHASE INTERNATIONAL COUNCIL

Hon. George P. Shultz Xi-Qing Gao David J. O’Reilly Ex-Officio Members Chairman of the Council Chief Executive Officer Chairman and Chief Executive Officer James Dimon Distinguished Fellow China Investment Corporation Chevron Corporation Chairman and Chief Executive Officer Hoover Institution Beijing, The People’s Republic San Ramon, California JPMorgan Chase & Co. Stanford University of China Michael Pram Rasmussen New York, New York Stanford, California Jürgen Grossmann Chairman of the Board Andrew D. Crockett President and Chief Executive Officer A.P. Møller-Maersk Group President Riley P. Bechtel RWE AG Copenhagen, Denmark JPMorgan Chase International Chairman and Chief Executive Officer Essen, Germany Sir John Rose New York, New York Bechtel Group, Inc. William B. Harrison, Jr. Chief Executive San Francisco, California William M. Daley Former Chairman Rolls-Royce plc Vice Chairman Jean-Louis Beffa JPMorgan Chase & Co. London, United Kingdom Chairman of the Midwest Region Chairman New York, New York Tokyo Sexwale Corporate Responsibility Office Compagnie de Saint-Gobain Carla A. Hills Executive Chairman JPMorgan Chase & Co. Paris-La Défense, France Chairman and Chief Executive Officer Mvelaphanda Holdings Ltd Chicago, Illinois Tony Blair Hills & Company Johannesburg, South Africa Walter A. Gubert Former U.K. Prime Minister Washington, D.C. Ratan Naval Tata Vice Chairman London, United Kingdom Franz B. Humer Chairman JPMorgan Chase & Co. The Hon. Bill Bradley Chairman of the Board of Directors Tata Sons Limited Chairman Former U.S. Senator Roche Holding Ltd. Mumbai, India JPMorgan Chase EMEA Allen & Company, LLC Basel, Switzerland London, United Kingdom Marco Tronchetti Provera New York, New York Abdallah S. Jum’ah Chairman and Chief Executive Officer Michael A. Chaney President and Chief Executive Officer Pirelli & C. SpA Chairman Saudi Arabian Oil Company Milan, Italy National Australia Bank Limited Dhahran, Saudi Arabia Cees J.A. van Lede Perth, Western Australia Hon. Henry A. Kissinger Former Chairman, André Desmarais Chairman Board of Management President and Kissinger Associates, Inc. Akzo Nobel Co-Chief Executive Officer New York, New York Arnhem, The Netherlands Power Corporation of Canada Mustafa V. Koç Douglas A. Warner III Montreal, Canada Chairman of the Board of Directors Former Chairman of the Board Martin Feldstein Koç Holding A.S.Ç J.P.Morgan Chase & Co. President and Chief Executive Officer Istanbul, Turkey New York, New York National Bureau of The Hon. Lee Kuan Yew Ernesto Zedillo Economic Research, Inc. Minister Mentor Director Cambridge, Massachusetts Republic of Singapore Yale Center for the Study Arminio Fraga Neto Singapore of Globalization Founding Partner New Haven, Connecticut Minoru Makihara Gavea Investimentos, Ltd. Senior Corporate Advisor and Jaime Augusto Zobel de Ayala Rio de Janeiro, Brazil Former Chairman President Mitsubishi Corporation Ayala Corporation Tokyo, Japan Makati City, Philippines

184 JPMorgan Chase & Co. / 2007 Annual Report NATIONAL ADVISORY BOARD

Richard I. Beattie William T. Dillard II Darla D. Moore Barry S. Sternlicht Chairman Chairman and Vice President Chairman and Simpson Thacher & Bartlett LLP Chief Executive Officer Rainwater, Inc. Chief Executive Officer Dillard's, Inc. Starwood Capital Group Leon D. Black Patrick J. Moore Founding Partner Paul J. Fribourg Chairman and Doreen A. Toben Apollo Management, L.P. Chairman and Chief Executive Officer Executive Vice President and Chief Executive Officer Smurfit-Stone Container Chief Financial Officer David Bonderman ContiGroup Companies, Inc. Corporation Verizon Communications Founding Partner Texas Pacific Group Donald J. Gogel Michael G. Morris Samuel Zell President and Chairman, President and Chairman of the Board David A. Brandon Chief Executive Officer Chief Executive Officer Equity Group Investments, L.L.C. Chairman and Clayton, Dubilier & Rice, Inc. American Electric Power Chief Executive Officer Mortimer B. Zuckerman Domino's Pizza, Inc. John B. Hess Lewis Ranieri Chairman Chairman of the Board Chairman and Boston Properties, Inc. Richard J. Bressler and Chief Executive Officer Chief Executive Officer Managing Director and Head Hess Corporation Ranieri & Company of the Strategic Resources Group James B. Lee, Jr. Thomas H. Lee Partners, LP Glenn H. Hutchins David M. Rubenstein Chairman Founding Partner Managing Director Edgar Bronfman, Jr. National Advisory Board Silver Lake Partners The Carlyle Group Chairman and Chief Executive Officer Thomas H. Lee Stephen A. Schwarzman Warner Music Group President Chairman, Chief Executive Officer Thomas H. Lee Capital LLC and Co-Founder Frank A. D'Amelio The Blackstone Group Chief Financial Officer and David C. McCourt Senior Vice President Chairman and Henry R. Silverman Pfizer Inc. LP Chief Executive Officer Chairman and Granahan McCourt Capital Chief Executive Officer David F. DeVoe Realogy Corporation Chief Financial Officer News Corporation

REGIONAL ADVISORY BOARD

Philip C. Ackerman James Fernandez Leo Liebowitz William C. Rudin Chairman and Executive Vice President and CFO Chief Executive Officer President Chief Executive Officer Tiffany & Company Getty Realty Corp. Rudin Management Company, Inc. National Fuel Gas Company Neil Golub William L. Mack C. David Sammons Richard A. Bernstein President and CEO Founder and Senior Partner President and CEO Chairman and The Golub Corporation Apollo Real Estate Advisors L.P. Subaru Distributors Corp. Chief Executive Officer Tod Johnson Peter Markson John Shalam R.A.B. Holdings, Inc. Chairman and Chairman and Chairman Rod Brayman Chief Executive Officer Chief Executive Officer Audiovox Corporation President The NPD Group, Inc. Paris Accessories, Inc. Scott A. Silverstein Windmill Distributing Company L.P. Peter J. Kallet John Morphy President and COO Robert B. Catell Vice Chairman Senior Vice President, The Topps Company, Inc. Chairman Oneida Ltd. Chief Financial Officer Marie Toulantis National Grid and Secretary Richard W. Kunes Chief Executive Officer Paychex, Inc. Christopher B. Combe Executive Vice President, Barnes & Noble.com Chairman and President Chief Financial Officer Michael C. Nahl Kenneth L. Wallach Combe Incorporated The Estée Lauder Companies Inc. Executive Vice President Chairman, President and and Chief Financial Officer Eugene R. Corasanti Richard S. LeFrak Chief Executive Officer Albany International Corp. Chairman of the Board Chairman and Central National-Gottesman Inc. CONMED Corporation Chief Executive Officer James L. Nederlander Fred Wilpon LeFrak Organization President Emil Duda Chairman Nederlander Producing Company Senior Executive Vice President Richard B. Leventhal Sterling Equities, Inc. of America, Inc. and Chief Financial Officer Chairman and Lifetime Healthcare Company / Chief Executive Officer Samuel I. Newhouse III Excellus Health Plan Inc. Fedway Associates, Inc. General Manager Frank Lourenso Advance Publications Inc. Chairman Roger N. Farah John LiDestri Regional Advisory Board President and Chief Operating Chief Executive Officer Officer LiDestri Foods, Inc. Polo Ralph Lauren

JPMorgan Chase & Co. / 2007 Annual Report 185 COMMUNITY ADVISORY BOARD

Lauren Anderson Joseph Carbone Ernest Gonzalez James Klein Executive Director President/CEO Corporate Committee Chair Executive Director Neighborhood Housing The WorkPlace, Inc. Long Island Hispanic Chamber Ohio Community Development Services of New Orleans Bridgeport, CT of Commerce Finance Fund New Orleans, LA West Islip, NY Columbus, OH David Chen Polly Baca Executive Director Bruce Gottschall Christopher Kui CEO/Executive Director Chinese American Planning Council Executive Director Executive Director Latin American Research and New York, NY Neighborhood Housing Asian Americans for Equality Service Agency Services of Chicago, Inc. New York, NY William Clark Denver, CO Chicago, IL President/CEO Rhonda Lewis Dionne Bagsby Urban League of Rochester Colvin Grannum President/CEO Retired Commissioner Rochester, NY President/CEO Bridge Street Development Corp. Tarrant County Bedford Stuyvesant Restoration Brooklyn, NY Ricardo Diaz Fort Worth, TX Corp. Executive Director Msgr. William Linder Brooklyn, NY Salvador Balcorta United Community Center Founder Chief Executive Director Milwaukee, WI Meg Haller New Community Corporation Centro de Salud Familiar La Fe, Inc. Chief Executive Officer Newark, NJ Peter Elkowitz El Pasco, TX NW Indiana Quality of Life Council President Rev. Fred Lucas Valparaiso, IN Frank Ballesteros Long Island Housing Partnership President/CEO Chief Administrative Officer Hauppauge, NY Roy Hastick Faith Center for Community PPEP Microbusiness & Housing President/CEO Development Ignacio Esteban Development Corp. Caribbean American Chamber New York, NY Executive Director Tucson, AZ of Commerce & Industry Florida Community Loan Fund Norm Lyons Brooklyn, NY Eli Barbosa Orlando, FL Community Development Corp. Director of Neighborhood Norman Henry Chair Ron Fafoglia Reinvestment Executive Director One Hundred Black Men Executive Director Latin United Community Housing Builders of Hope Community of Greater Dallas TSP Hope, Inc Association Development Corp. Arlington, TX Springfield, IL Chicago, IL Dallas, TX Richard Manson Melissa Flournoy Rev. Henry Barlow Ralph Hollmon Vice President President/CEO Christ Tabernacle Baptist Church President/CEO Local Initiatives Support Corporation The Louisiana Association of Chicago, IL Milwaukee Urban League, Inc. New York, NY Nonprofit Organizations Milwaukee, WI Janie Barrera Baton Rouge, LA Maria Matos President/CEO Kevin Jackson Executive Director William Frey ACCION Texas Executive Director Latin American Community Center Vice President/Director San Antonio, TX Chicago Rehab Network Wilmington, DE Enterprise Foundation NYC Office Chicago, IL Shaun Belle New York, NY Christie McCravy President/CEO Kim Jacobs Director of Homeownership Reuben Gant The Mt. Hope Housing Company Executive Director Programs Executive Director Bronx, NY Community Capital Resources The Housing Partnership, Inc. Greenwood Community Hawthorne, NY Louisville, KY Pascual Blanco Development Corp. Executive Director Tulsa, OK Rev. Manson Johnson Luis Miranda La Fuerza Unida de Glen Cove Holman Street Baptist Church Chairman Reginald Gates Glen Cove, NY Houston, TX Audubon Partnership for Economic President/CEO Development Donnie Brown Dallas Black Chamber of Commerce Erma Johnson-Hadley New York, NY Executive Director Dallas, TX Vice Chancellor for Administrative Genesis Housing Development Corp. and Community Services Marlon Mitchell Sarah Gerecke Chicago, IL Tarrant County College District Executive Director Chief Executive Officer Fort Worth, TX Houston Business Development, Inc. James Buckley Neighborhood Housing Houston, TX Executive Director Services of NYC Amy Klaben University Neighborhood Housing New York, NY President/CEO Andrew J. Mooney Program Columbus Housing Partnership, Inc. Senior Program Director Bronx, NY Columbus, OH Local Initiatives Support Corporation Chicago, IL

186 JPMorgan Chase & Co. / 2007 Annual Report COMMUNITY ADVISORY BOARD (continued)

Randy Moore John Parvensky Winston Ross Rev. Terry Troia Executive Director President Executive Director Executive Director Community Works in Colorado Coalition for Westchester Community Project Hospitality West Virginia, Inc. the Homeless Opportunity Program Staten Island, NY Charleston, WV Denver, CO Elmsford, NY Rev. Reginald Tuggle Vincent Murray Kerry Quaglia Doris Schnider Memorial Economic Development Executive Director Executive Director President Corporation Bagley Housing Association, Inc. Home Headquarters, Inc. Delaware Community Roosevelt, NY Detroit, MI Syracuse, NY Investment Corp. Mark VanBrunt Wilmington, DE Joe Myer Edwin Reed Executive Director Executive Director Chief Financial Officer Shirley Stancato Raza Development Fund NCALL Research Greater Allen Cathedral of NY President/CEO Phoenix, AZ Dover, DE Jamaica, NY New Detroit, Inc. Donna Wertenbach Detroit, MI Jeremy Nowak Kathy Ricci President/CEO President/CEO Executive Director Thomas Stone Community Economic The Reinvestment Fund Utah Micro-Enterprise Loan Fund Executive Director Development Fund Philadelphia, PA Salt Lake City, UT Mt. Pleasant Development Now West Hartford, CT Cleveland, OH Claudia O'Grady Gwen Robinson Lloyd Williams Executive Director President/CEO Rev. Benjamin Thomas, Sr. President/CEO Multi-Ethnic Development Corp. Hamilton County Community Tanner AME Greater Harlem Chamber of Salt Lake City, UT Action Agency Phoenix, AZ Commerce Cincinnati, OH New York, NY David Pagan Valerie Thompson Executive Director Marcos Ronquillo President/CEO Ravi Yalamanchi Southside United Housing Managing Partner/President Urban League of Greater Chief Executive Officer Development Fund Corp. Godwin Pappas Ronquillo LLP Oklahoma City Metro Housing Partnership Brooklyn, NY Dallas, TX Oklahoma City, OK Flint, MI James Paley Clifford Rosenthal Carlisle Towery Diana Yazzie-Devine Executive Director Executive Director President President Neighborhood Housing Services National Federation of Community Greater Jamaica Development Native American Connections of New Haven Development Credit Unions Corp. Phoenix, AZ New Haven, CT New York, NY Jamaica, NY Margaret Trahan President/CEO United Way of Acadiana Lafayette, LA

JPMorgan Chase & Co. / 2007 Annual Report 187 BOARD OF DIRECTORS

Crandall C. Bowles 1,4 James Dimon Robert I. Lipp 4,5 Member of: Chairman Chairman and Senior Advisor 1. Audit Committee Springs Industries, Inc. Chief Executive Officer JPMorgan Chase & Co. 2. Compensation & Management (Home furnishing) JPMorgan Chase & Co. David C. Novak 2,3 Development Committee 3. Corporate Governance & Stephen B. Burke 2,3 Ellen V. Futter 4,5 Chairman and Nominating Committee President President and Trustee Chief Executive Officer 4. Public Responsibility Committee Comcast Cable American Museum of Yum! Brands, Inc. 5. Risk Policy Committee Communications, Inc. Natural History (Franchised restaurants) (Cable television) (Museum) Lee R. Raymond 2,3 David M. Cote 4,5 William H. Gray, III 1,4 Retired Chairman and Chairman and Chairman Chief Executive Officer Chief Executive Officer Amani Group Exxon Mobil Corporation Honeywell International Inc. (Consulting and advisory) (Oil and gas) (Diversified technology and 1,4 2,3 manufacturing) Laban P. Jackson, Jr. William C. Weldon Chairman and Chairman and James S. Crown 4,5 Chief Executive Officer Chief Executive Officer President Clear Creek Properties, Inc. Johnson & Johnson Henry Crown and Company (Real estate development) (Health care products) (Diversified investments)

EXECUTIVE COMMITTEE (*denotes member of Operating Committee)

James Dimon* Guy Chiarello Evelyn E. Guernsey Nicholas P. O'Donohoe Chairman and Technology Investment Management Investment Bank Chief Executive Officer Andrew D. Crockett Carlos M. Hernandez Daniel E. Pinto JPMorgan Chase International Investment Bank Investment Bank Gaby A. Abdelnour Asia Pacific Stephen M. Cutler* Rick Lazio Scott E. Powell Legal & Compliance Government Affairs & Public Policy Consumer Banking Paul T. Bateman Investment Management William M. Daley* James B. Lee, Jr. Charles W. Scharf* Corporate Responsibility Investment Bank Retail Financial Services Anthony J. Best Investment Bank Kimberly B. Davis David B. Lowman Marc Sheinbaum Philanthropy Home Lending Auto & Education Finance Frank J. Bisignano* Chief Administrative Office Klaus Diederichs Samuel Todd Maclin* Gordon A. Smith* Investment Bank Commercial Banking Card Services Steven D. Black* Investment Bank Ina R. Drew* Achilles O. Macris James E. Staley* Chief Investment Office Chief Investment Office Asset Management Philip F. Bleser Commercial Banking Althea L. Duersten Jay Mandelbaum* William S. Wallace Chief Investment Office Strategy & Marketing Card Services John F. Bradley* Human Resources Patrik L. Edsparr Blythe S. Masters Kevin P. Watters Investment Bank Investment Bank Business Banking Douglas L. Braunstein Investment Bank Mary E. Erdoes Donald H. McCree, III William T. Winters* Wealth Management Investment Bank Investment Bank Clive S. Brown Investment Management Joseph M. Evangelisti Heidi Miller* Barry L. Zubrow* Corporate Communications Treasury & Securities Services Risk Management Richard M. Cashin Martha J. Gallo Melissa J. Moore One Equity Partners Audit Treasury Services Michael J. Cavanagh* Walter A. Gubert Stephanie B. Mudick Finance Europe, Middle East and Africa Retail Financial Services

OTHER CORPORATE OFFICERS

Anthony J. Horan Mark I. Kleinman Louis Rauchenberger Secretary Treasurer Controller

188 JPMorgan Chase & Co. / 2007 Annual Report JPMORGAN CHASE & CO.

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