EFTA01506856

03 Account Number FINANCIAL TRUST COMPANY INC March 01, 2004 - March 31, 2004 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 II3 JPMorgan Private Bank Asset Account Portfolio Page 46 of 88 N Zealand Dollar Activity by Date continued Settlement Date Mar 15 [repeated 7 times] type Quantity Fwd FX Ctrct 6,637,000 Fwd FX Ctrct 6,669,000 Fwd FX Ctrct - 3,391,500 Fwd FX Ctrct 3,442,500 Fwd FX Ctrct 6,634,000 Fwd FX Ctrct - 9,979,500 Spot FX - 6,502,000 Dasenption SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.663700000 TRADE 1/05/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.666900000 TRADE 1/07104 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY NZD SELL USD CONTRACT RATE : 0.678300000 TRADE 1/09/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.688500003 TRADE 3/01/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.663400000 TRADE 3/10/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY NZD SELL USD CONTRACT RATE : 0.665300000 TRADE 3/10/04 VALUE 3/15/04 SPOT CURRENCY TRANSACTION - BUY BUY NZO SELL USD SPOT RATE : 0.650200000 TRADE 3/11/04 VALUE 3/15/04 N ZEALAND DOLLAR U S DOLLAR Realized OtaiVLosa USD amount amount USD - 26,631.32 - 10,000,000.00 - 6,412,106.05 - 26,631.32 - 10,000,000.00 - 6,412,106.05 5,000,000.00 3,206,053.02 - 13,315.66 - 5,000,000.00 - 3,206,053.02 - 26,631.32 - 10,000,000.00 - 6,412,106.05 15,000,000.00 9,618,159.08 10,000,000.00 6,502,000.00 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031845 SDNY_GM_00301043 EFTA01506856