EFTA01506999

04 12004 Account Number FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 Asset Account Portfolio April 01, 2004 - April 30, 2004 Outstanding Foreign Exchange Contracts JPMorgan Private Bank Page 19 of 82 Net Currency Exposure Summary Value te Currancy Gain/Loss Summary valza m USD Australia Dollar 13,000,000.00 Total Unrealized Closed • 423,800.02 Euro Currency 13,000,000.00 Total Unrealized Open • 841,587.32 Pound Sterling 13,000,000.14 Total Unrealized Gain/Loss - 1,265,387.34 Hungarian Forint 1,694,220,000.00 Japanese Yen 1,182,170,000.00 N Zealand Dollar 20,000,000.00 U S Dollar - 79,624,525.43 Foreign Exchange Contracts Se rnernent Trede Date Date Cumtncy AmauM Counter CLITIVICy Counter Amant Conbeet Rate Current Mama forward Rate Market Wahn ROCe Met USO MW», MW Payables USD Unroaltzed GHntost USO SPECULATIVE DOLLAR AUSTRALIA DOLLAR U S Apr. 29 04 May. 304 AUD - 5,000,000.00 USD 3,590,500.00 0.7181 1.392564 3,590,500.00 3,590,500.00 0.00 Apr. 30 04 May. 3 04 AUD 5,000,000.00 USD - 3,603,500.00 0.7207 1.387540 3,603,500.00 3,603,500.00 0.00 Feb. 20 04 Aug. 24 04 AUD 7,500,000.00 USD - 5,676,750.00 0.7569 0.712078 5,340,584.45 5,676,750.00 - 336,165.55 Feb. 20 04 Aug. 24 04 AUD 7,500,000.00 USD - 5,639,250.00 0.7519 0.712078 5,340,584.45 5,639,250.00 - 298,665.55 Mar. 1 04 Aug. 24 04 AUD - 15,000,000.00 USD 11,347,500.00 0.7565 0.712078 11,347,500.00 10,681,168.90 666,331.10 Total Closed 0.00 18,500.00 29,222,668.90 29,191,168.90 31,500.00 Apr 30 04 May. 4 04 AUD 10,000,000 00 USD - 7,180.000 00 0.718 1.392758 7,180,000 00 7,180,000.00 0.00 Apr. 29 04 Jun. 1 04 AUD - 10,000,000.00 USD 7,171,000.00 0.7171 0.719304 7,171,000.00 7,193,036.03 - 22,036.03 Apr. 16 04 Oct. 20 04 AUD 10,000,000.00 USD - 7,289,000.00 0.7289 0.707404 7,074,039.27 7,289,000.00 - 214,960.73 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031988 SDNY_GM_00301186 EFTA01506999