EFTA01507090

05 INN Account Number: FINANCIAL TRUST COMPANY INC May 01, 2004 - May 31, 2004 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 31 of 78 Australia Dollar Activity by Date continued Statement Dare type Quantity May 4 Spot FX May 4 FX Opt Asgn'D May 13 Fwd FX Ctrct May 13 Spot FX May 13 Spot FX - 7,180,000 7,181,000 5,818,400 - 2,089,800 - 3,483,000 Deacaption Realized ClartVLoss USD Amount Amount USD SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 7,180,000.00 BUY AUD SELL USD SPOT RATE : 0.718000000 TRADE 4/30/04 VALUE 5/04/04 AUSTRALIA DOLLAR U S DOLLAR SPOT CURRENCY TRANSACTION 1,000.00 - 10,000,000.00 - 7,291,286.91 SETTLEMENT OF ASSIGNED FX OPTION SELL AUD BUY USD TRADE 4/30/04 VALUE 5(04/04 SETTLE FORWARD CURRENCY CONTRACT - 54,416.89 - 8,000,000.00 - 5,518,383.11 BUY USD SELL AUD CONTRACT RATE : 0.727300000 TRADE 5/04104 VALUE 5/13/04 SPOT CURRENCY TRANSACTION - BUY 3,000,000.00 2,089,800.00 BUY AUD SELL USD SPOT RATE : 0.696600000 TRADE 5/11104 VALUE 5/13/04 AUSTRALIA DOLLAR U S DOLLAR SPOT CURRENCY TRANSACTION - BUY 5,000,000.00 3,483,000.00 BUY AUD SELL USD SPOT RATE : 0.696600000 TRADE 5/11/04 VALUE 5/13/04 AUSTRALIA DOLLAR U S DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032082 SDNY_GM_00301280 EFTA01507090