21 INSTITUTIONAL INVESTORS IN RMBS ISSUED BY JPMORGAN, BEAR STEARNS AND CHASE ANNOUNCE BINDING OFFER BY JPMORGAN TO SEVEN RMBS TRUSTEES TO SETTLE MORTGAGE REPURCHASE AND SERVICING CLAIMS FOR 330 RMBS TRUSTS

HOUSTON, November 15, 2013 – Today, 21 institutional investors represented by Gibbs & Bruns LLP (“Institutional Investors”) announced they have reached an agreement with JPMorgan under which JPMorgan will make a binding offer (“Offer”) to the Trustees of 330 RMBS Trusts issued by JPMorgan, Bear Stearns and Chase to settle mortgage repurchase and servicing claims. The Institutional Investors support the agreement and have asked the Trustees to accept it. The Trusts included in the Offer are listed on Exhibit “A.” The Trustees will have until January 15, 2014 to accept the Offer, which may be extended pursuant to the terms of the Offer for an additional sixty days. The Offer includes the following key terms: 1. Payment by JPMorgan of $4.5 billion in cash to the Trusts to settle mortgage repurchase and servicing claims; 2. Implementation of certain servicing changes to mortgage loans in the Trusts, described in greater detail below; 3. Reimbursement to the Trustees of expenses associated with their evaluation of the Offer; 4. A release of all repurchase and servicing claims that have been or could have been asserted by the 330 Trusts; and, 5. Continuation of a previously agreed tolling and forbearance agreement among JPMorgan and the Trustees to permit the Trustees to evaluate the proposed settlement. The Institutional Investors who are parties to the agreement are:

• AEGON USA Investment Management, LLC • Bayerische Landesbank • BlackRock Financial Management Inc. • Cascade Investment, L.L.C. • Federal Home Loan Bank of Atlanta • Federal Home Loan Mortgage Corporation • Federal National Mortgage Association • Goldman Sachs Asset Management, L.P. • ING Investment Management Co. LLC • ING Investment Management LLC • Invesco Advisers, Inc. • Kore Advisors, L.P. • Landesbank Baden-Wuerttemberg • Metropolitan Life Insurance Company • Pacific Investment Management Company LLC • Sealink Funding Limited • Teachers Insurance and Annuity Association of America • The Prudential Insurance Company of America • The TCW Group, Inc. • Thrivent Financial for Lutherans • Western Asset Management Company

Pursuant to the agreement, the Institutional Investors have requested that the Trustees accept the Settlement. They have also agreed to use their reasonable best efforts to obtain court approval of the settlement, if the Trustees elect to accept the Settlement and seek a judicial instruction concerning their decision to do so. Attorneys’ fees for the Institutional Investors counsel, Gibbs & Bruns, will be paid in addition to—and not out of—the Settlement Payment upon the latter of the Trustees’ Acceptance or Final Court Approval, if a judicial instruction is sought. [...] Exhibit A BALTA 2005-1 BSABS 2006-SD3 CHASE 2007-A1 JPMMT 2006-A6 BALTA 2005-10 BSABS 2006-SD4 CHASE 2007-A2 JPMMT 2006-A7 BALTA 2005-2 BSABS 2006-ST1 CHASE 2007-A3 JPMMT 2006-S1 BALTA 2005-3 BSABS 2007-1 CHASE 2007-S1 JPMMT 2006-S2 BALTA 2005-4 BSABS 2007-2 CHASE 2007-S2 JPMMT 2006-S3 BALTA 2005-5 BSABS 2007-AC1 CHASE 2007-S3 JPMMT 2006-S4 BALTA 2005-7 BSABS 2007-AC2 CHASE 2007-S4 JPMMT 2007-A1 BALTA 2005-8 BSABS 2007-AC3 CHASE 2007-S5 JPMMT 2007-A2 BALTA 2005-9 BSABS 2007-AC4 CHASE 2007-S6 JPMMT 2007-A3 BALTA 2006-1 BSABS 2007-AC5 EMCM 2005-A JPMMT 2007-A4 BALTA 2006-2 BSABS 2007-AC6 EMCM 2005-B JPMMT 2007-A5 BALTA 2006-3 BSABS 2007-AQ1 EMCM 2006-A JPMMT 2007-A6 BALTA 2006-4 BSABS 2007-AQ2 GPMF 2005-AR1 JPMMT 2007-S1 BALTA 2006-5 BSABS 2007-FS1 GPMF 2005-AR2 JPMMT 2007-S2 BALTA 2006-6 BSABS 2007-HE1 GPMF 2005-AR3 JPMMT 2007-S3 BALTA 2006-7 BSABS 2007-HE2 GPMF 2005-AR4 LUM 2005-1 BALTA 2006-8 BSABS 2007-HE3 GPMF 2005-AR5 LUM 2006-3 BALTA 2007-1 BSABS 2007-HE4 GPMF 2006-AR1 MSST 2007-1 BALTA 2007-2 BSABS 2007-HE5 GPMF 2006-AR2 PRIME 2005-1 BALTA 2007-3 BSABS 2007-HE6 GPMF 2006-AR3 PRIME 2005-2 BSAAT 2007-1 BSABS 2007-HE7 GPMF 2007-HE1 PRIME 2005-3 BSABS 2005-1 BSABS 2007-SD1 JPALT 2005-A2 PRIME 2005-4 BSABS 2005-2 BSABS 2007-SD2 JPALT 2005-S1 PRIME 2005-5 BSABS 2005-3 BSABS 2007-SD3 JPALT 2006-A1 PRIME 2006-1 BSABS 2005-4 BSARM 2005-1 JPALT 2006-A2 PRIME 2006-2 BSABS 2005-AC1 BSARM 2005-10 JPALT 2006-A3 PRIME 2006-CL1 BSABS 2005-AC2 BSARM 2005-11 JPALT 2006-A4 PRIME 2006-DR1 BSABS 2005-AC3 BSARM 2005-12 JPALT 2006-A5 PRIME 2007-1 BSABS 2005-AC4 BSARM 2005-2 JPALT 2006-A6 PRIME 2007-2 BSABS 2005-AC5 BSARM 2005-3 JPALT 2006-A7 PRIME 2007-3 BSABS 2005-AC6 BSARM 2005-4 JPALT 2006-S1 SACO 2005-1 BSABS 2005-AC7 BSARM 2005-5 JPALT 2006-S2 SACO 2005-10 BSABS 2005-AC8 BSARM 2005-6 JPALT 2006-S3 SACO 2005-2 BSABS 2005-AC9 BSARM 2005-7 JPALT 2006-S4 SACO 2005-3 BSABS 2005-AQ1 BSARM 2005-9 JPALT 2007-A1 SACO 2005-4 BSABS 2005-AQ2 BSARM 2006-1 JPALT 2007-A2 SACO 2005-5 BSABS 2005-CL1 BSARM 2006-2 JPALT 2007-S1 SACO 2005-6 BSABS 2005-EC1 BSARM 2006-4 JPMAC 2005-FLD1 SACO 2005-7 BSABS 2005-FR1 BSARM 2007-1 JPMAC 2005-FRE1 SACO 2005-8 BSABS 2005-HE1 BSARM 2007-2 JPMAC 2005-OPT1 SACO 2005-9 BSABS 2005-HE10 BSARM 2007-3 JPMAC 2005-OPT2 SACO 2005-GP1 BSABS 2005-HE11 BSARM 2007-4 JPMAC 2005-WMC1 SACO 2005-WM1 BSABS 2005-HE12 BSARM 2007-5 JPMAC 2006-ACC1 SACO 2005-WM2 BSABS 2005-HE2 BSMF 2006-AC1 JPMAC 2006-CH1 SACO 2005-WM3 BSABS 2005-HE3 BSMF 2006-AR1 JPMAC 2006-CH2 SACO 2006-1 BSABS 2005-HE4 BSMF 2006-AR2 JPMAC 2006-CW1 SACO 2006-10 BSABS 2005-HE5 BSMF 2006-AR3 JPMAC 2006-CW2 SACO 2006-12 BSABS 2005-HE6 BSMF 2006-AR4 JPMAC 2006-FRE1 SACO 2006-2 BSABS 2005-HE7 BSMF 2006-AR5 JPMAC 2006-FRE2 SACO 2006-3 BSABS 2005-HE8 BSMF 2006-SL1 JPMAC 2006-HE1 SACO 2006-4 BSABS 2005-HE9 BSMF 2006-SL2 JPMAC 2006-HE2 SACO 2006-5 BSABS 2005-SD1 BSMF 2006-SL3 JPMAC 2006-HE3 SACO 2006-6 BSABS 2005-SD2 BSMF 2006-SL4 JPMAC 2006-NC1 SACO 2006-7 BSABS 2005-SD3 BSMF 2006-SL5 JPMAC 2006-NC2 SACO 2006-8 BSABS 2005-SD4 BSMF 2006-SL6 JPMAC 2006-RM1 SACO 2006-9 BSABS 2005-TC1 BSMF 2007-AR1 JPMAC 2006-WF1 SACO 2007-1 BSABS 2005-TC2 BSMF 2007-AR2 JPMAC 2006-WMC1 SACO 2007-2 BSABS 2006-1 BSMF 2007-AR3 JPMAC 2006-WMC2 SACO 2007-VA1 BSABS 2006-2 BSMF 2007-AR4 JPMAC 2006-WMC3 SAMI 2005-AR1 BSABS 2006-3 BSMF 2007-AR5 JPMAC 2006-WMC4 SAMI 2005-AR2 BSABS 2006-4 BSMF 2007-SL1 JPMAC 2007-CH1 SAMI 2005-AR3 BSABS 2006-AC1 BSMF 2007-SL2 JPMAC 2007-CH2 SAMI 2005-AR4 BSABS 2006-AC2 BSSLT 2007-1 JPMAC 2007-CH3 SAMI 2005-AR5 BSABS 2006-AC3 BSSLT 2007-SV1A JPMAC 2007-CH4 SAMI 2005-AR6 BSABS 2006-AC4 BUMT 2005-1 JPMAC 2007-CH5 SAMI 2005-AR7 BSABS 2006-AC5 CFLX 2005-1 JPMAC 2007-HE1 SAMI 2005-AR8 BSABS 2006-AQ1 CFLX 2005-2 JPMMT 2005-A1 SAMI 2006-AR1 BSABS 2006-EC1 CFLX 2006-1 JPMMT 2005-A2 SAMI 2006-AR2 BSABS 2006-EC2 CFLX 2006-2 JPMMT 2005-A3 SAMI 2006-AR3 BSABS 2006-HE1 CFLX 2007-1 JPMMT 2005-A4 SAMI 2006-AR4 BSABS 2006-HE10 CFLX 2007-2 JPMMT 2005-A5 SAMI 2006-AR5 BSABS 2006-HE2 CFLX 2007-3 JPMMT 2005-A6 SAMI 2006-AR6 BSABS 2006-HE3 CFLX 2007-M1 JPMMT 2005-A7 SAMI 2006-AR7 BSABS 2006-HE4 CHASE 2005-A1 JPMMT 2005-A8 SAMI 2006-AR8 BSABS 2006-HE5 CHASE 2005-A2 JPMMT 2005-ALT1 SAMI 2007-AR1 BSABS 2006-HE6 CHASE 2005-S1 JPMMT 2005-S1 SAMI 2007-AR2 BSABS 2006-HE7 CHASE 2005-S2 JPMMT 2005-S2 SAMI 2007-AR3 BSABS 2006-HE8 CHASE 2005-S3 JPMMT 2005-S3 SAMI 2007-AR4 BSABS 2006-HE9 CHASE 2006-A1 JPMMT 2006-A1 SAMI 2007-AR5 BSABS 2006-IM1 CHASE 2006-S1 JPMMT 2006-A2 SAMI 2007-AR6 BSABS 2006-PC1 CHASE 2006-S2 JPMMT 2006-A3 SAMI 2007-AR7 BSABS 2006-SD1 CHASE 2006-S3 JPMMT 2006-A4 BSABS 2006-SD2 CHASE 2006-S4 JPMMT 2006-A5