EFTA01506858

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 48 of 88 N Zealand Dollar Activity by Date continued Settlement Date Mar 17 Mar 17 Mar 17 Mar 17 Mar 26 type Quantity Fwd FX Ctrct 6,779,000 Fwd FX Ctrct 6,760,000 Spot FX - 13,032,000 Spot FX - 6,515,000 Receipt of Assets 1 Desenption Realized Gamlen USD amount amount USD SETTLE FORWARD CURRENCY CONTRACT - 45,268.75 - 10,000,000.00 - 6,470,397.92 BUY USD SELL NZD CONTRACT RATE : 0.677900000 TRADE 3/09/04 VALUE 3(17/04 SETTLE FORWARD CURRENCY CONTRACT - 45,268.74 - 10,000,000.00 - 6,470,397.92 BUY USD SELL NZD CONTRACT RATE : 0.676000000 TRADE 3/10(04 VALUE 3(17/04 SPOT CURRENCY TRANSACTION - BUY 20,000,000.00 13,032,000.00 BUY NZD SELL USD SPOT RATE : 0.651600000 TRADE 3/16(04 VALUE 3/17/04 N ZEALAND DOLLAR U S DOLLAR SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 6,515,000.00 BUY NZD SELL USD SPOT RATE : 0.651500000 TRADE 3/16(04 VALUE 3(17/04 N ZEALAND DOLLAR U S DOLLAR INTEREST RATE SWAP 10900.000 NZD NOTIONAL 3/9/2014 REC:FIXED RATE 6.14% NZD SEMI-ANNUAL PAY:FLOATING RATE NZO 3 MONTH BANK BILL RATE ACTUAL/365 AS OF 03/09/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031847 SDNY_GM_00301045 EFTA01506858