EFTA01506831

03 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 Account Number- FINANCIAL TRUST COMPANY INC Asset Account Portfolio March 01, 2004 - March 31, 2004 JPMorgan Private Bank Page 21 of 88 Foreign Exchange Contracts continued Settlement Trade One an OurreneY Amour,/ Gauner Cunene Gaunter Amount Cannel Rate Current elatuinet FOneard Rem Marker Market Value Payableil (ASO Unrealized Garet MT US0 Value ROMA'S« USD Mar. 304 Jun. 704 EUR Mar. 504 Jun. 704 EUR Mar. 504 Jun. 704 EUR Mar 16 04 Jun. 704 EUR Feb 20 04 Aug. 24 04 EUR Mar 1 04 Aug. 24 04 EUR 5,000,000.00 10,000,000.00 20,000,000.00 - 35,000,000.00 7,500,000.00 - 7,500.000 00 USD USD USD USD USD USD - 6,073,500.00 -12,395,000.00 - 24,726,000.00 42,952,000.00 - 9.395.250 00 9287250 00 1.2147 1.2395 1.2363 1.2272 1.2527 1.2383 0.81514 0.81514 0.81514 0.81514 0.816486 0.816486 6,133,913.12 12,267,826.24 24,535,652.48 42,952,000.00 9,185,700 51 9287250 00 6,073,500.00 12,395,000.00 24,726,000.00 42,937,391 84 9.395,250 00 9.185.700 51 60,413. 12 - 127,173.76 - 190,347.52 14,608 16 - 209.549 49 101.549 49 Total Closed 0.00 - 296,800.00 149,235,330.59 149,532,130.58 - 296,799.99 POUND STERLING - U S DOLLAR Mar. 304 Jun. 704 GBP 10,000,000.00 USD - 18,106,000.00 1.8106 1.826845 18,268,453.30 18,106,000.00 162,453.30 Mar. 504 Jun. 704 GBP - 10,000,000.00 USD 18,290,000.00 1.829 1.826845 18,290,000.00 18,268,453.30 21,546.70 Mar. 504 Jun. 804 GBP 10,000,000.00 USD - 18,295,000.00 1.8295 1.826678 18,266,784.97 18,295,000.00 - 28,215.03 Mar. 16 04 Jun. 804 GBP - 10,000,000.00 USD 18,012,000.00 1.8012 1.826678 18,012,000.00 18,266,784.97 - 254,784.97 Feb. 23 04 Aug. 24 04 GBP 10,000000.00 USD - 18,337,000.00 1.8337 1.813353 18,133,532.13 18,337,000.00 - 203,467.87 Mar. 1 04 Aug. 24 04 GBP • 10,000,000.00 USD 18,404,000.00 1.8404 1.813353 18,404,000.00 18,133,532.13 270,467.87 Total Closed 0.00 - 32,000.00 109,374,770.40 109,406,770.40 - 32,000.00 JAPANESE YEN - U S DOLLAR Feb. 20 04 May. 24 04 JPY 1,087,300,000.00 USD - 10,000,000.00 108.73 103.858758 10,469,025.64 10,000,000 00 469,025.64 Mar 2 04 May. 24 04 JPY - 1.087.300.000 00 USD 9.939.665.42 109.39 103.858758 9, 939.665.42 10.469.025 64 - 529.360 22 Total Closed 0.00 - 60,334.58 20,408,691.06 20,469,025.64 - 60,334.58 N ZEALAND DOLLAR - U S DOLLAR Mar 304 Jun. 804 NZD 15,000,000.00 USD - 9,943,500.00 0.6629 0.660241 9,903,620.68 9,943,500.00 - 39,879.32 Mar 4 04 Jun. 804 NZD 15,000,000.00 USD - 9,900,000.00 0.66 0.660241 9,903,620.68 9,900,000.00 3,620.68 Mar 16 04 Jun. 804 NZD - 10,000,000.00 USD 6,450,000.00 0.645 0.660241 6,45O000.00 6,602,413.79 - 152,413.79 Mar. 22 04 Jun. 804 NZD - 20,000,000.00 USD 13,118,000.00 0.6559 0.660241 13,118,000.00 13,204,827.58 - 86,827.58 Feb. 20 04 Aug. 24 04 NZD 5,000,000.00 USD - 3,315,000.00 0.663 0.654041 3,270206.49 3,315,000.00 - 44,793.51 Feb. 23 04 Aug. 24 04 NZD 5,000,000.00 USD - 3,344,500.00 0.6689 0.654041 3,270,206.49 3,344,500.00 - 74,293.51 Mar. 2 04 Aug. 24 04 NZD - 10,000,000.00 USD 6,742,000.00 0.6742 0.654041 6,742,000.00 6,540,412.98 201,587.02 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031820 SDNY_GM_00301018 EFTA01506831