EFTA01507103

05 INN Account Number: FINANCIAL TRUST COMPANY INC May 01, 2004 - May 31, 2004 JPMurgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 46 of 78 N Zealand Dollar Activity by Date Statement Date type continued Ouannty Deacaption Realized Amount thiliVLOSS USD Amount USD May 21 Spot FX - 6,059,000 SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 6,059,000.00 BUY NZO SELL USD SPOT RATE: 0.605900000 TRADE 5/20/04 VALUE 5/21/04 N ZEALAND DOLLAR U S DOLLAR May 21 FX Opt Asgn'D 6,033,000 SPOT CURRENCY TRANSACTION - 10,000,000.00 - 6,122,011.69 SETTLEMENT OF ASSIGNED FX OPTION SELL NZD BUY USD TRADE 5/19/04 VALUE 5/21/04 May 24 Spot FX - 3,020,000 SPOT CURRENCY TRANSACTION - BUY 5,000,000.00 3,020,000.00 BUY NZO SELL USD SPOT RATE : 0.604000000 TRADE 5/20/04 VALUE 524/04 N ZEALAND DOLLAR U S DOLLAR May 24 Spot FX 3,018,000 SPOT CURRENCY TRANSACTION - SALE - 5,000,000.00 - 3,018,000.00 BUY USD SELL NZD SPOT RATE : 0.603600000 TRADE 5/20/04 VALUE 5/24/04 U S DOLLAR N ZEALAND DOLLAR May 24 Spot FX - 6,057,000 SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 6,057,000.00 BUY NZD SELL USD SPOT RATE : 0.605700000 TRADE 5/20/04 VALUE 5/24/04 N ZEALAND DOLLAR U S DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032097 SDNY_GM_00301295 EFTA01507103