JPMorgan Investor Services Expands European Client Management Team

London, 30 March 2005 - JPMorgan Investor Services announced today the addition of Brian Turburville and Alexandra de Jonge van Ellemeet to its 50-strong client management team in the Europe, Middle East and Africa
(EMEA) region.

Turburville joins as pensions business manager for EMEA from Cigna International Investment Advisors Ltd, where he was director of international securities for 20 years. Based in London, Turburville will report to Ann Doherty, regional client management executive at JPMorgan Investor Services. Brian will be responsible for all client relationships in the UK, Dutch and Swiss pensions markets.

De Jonge van Ellemeet joins from Goldman Sachs Asset Management Group in London, where she was a client relationship manager. Prior to joining Goldman Sachs, de Jonge van Ellemeet spent nine years with ABN Amro Bank NV. Reporting to Brian Turburville, she will be responsible for the Dutch pension fund market.

Doherty said: "Brian and Alexandra have strong asset management backgrounds and I am pleased to have them joining our group. Their experience is particularly valuable at a time when our clients' needs are increasingly sophisticated because of the current focus on regulation in Europe."

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