EFTA01507146

05 12004 Account Number FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio May 01, 2004 - May 31, 2004 JPMorgan Private Bank Page 17 of 78 Foreign Exchange Contracts conbnued Senlernen( Turne Oste One Currenc ATOUM Counter Cunwm Counter AMOUIll Commet Rate Current Adern« Forard Rare Adertet Werne Retervatelot USD MIM« Welpe Po inges USD utweelized GenVLoss USD EURO CURRENCY - U S DOLLAR Mau 3 04 Jun. 7 04 EUR 5,000,000.00 USD - 6,073,500.00 1.2147 0.819057 6,104,584.56 6,073,500.00 31,084.56 Mau 504 Jun. 704 EUR 10,000,000.00 USD - 12,395,000.00 1.2395 0.819057 12,209.169. 13 12,395,000.00 - 185,830.87 Mau 504 Jun. 704 EUR 20,000,000.00 USD - 24,726,000.00 1.2363 0.819057 24,418.338 26 24,726,000.00 - 307,661.74 Mau 16 04 Jun. 7 04 EUR - 35,000,000.00 USD 42,952,000.00 1.2272 0.819057 42,952,000.00 42,732,091.95 219,908.05 May. 17 64 Aug. 604 EUR - 5,000,000.00 USD 5,993,500.00 1.1987 0.820242 5,993,500.00 6,095,763 30 - 102,263 30 May. 27 64 Aug. 604 EUR 5,000,000.00 USD - 6,127,000.00 1.2254 0.820242 6,095,763.30 6,127,000 00 - 31,236.70 Feb. 20 04 Aug. 24 04 EUR 7,500,000.00 USD - 9,395,250.00 1.2527 0.820488 9,140,899.95 9,395,250.00 - 254,350.05 Mar. 1 04 Aug. 24 04 EUR - 7,500,000.00 USD 9,287,250.00 1.2383 0.820488 9,287,250.00 9,140,899.95 146,350.05 Apr. 16 04 Oct. 20 04 EUR 10,000,000.00 USD - 11,971,000.00 1.1971 0.820963 12,180,812.21 11,971,000.00 209,812.21 Apr. 23 04 Oct. 20 04 EUR 3,000,000.00 USD - 3,536,700.00 1.1789 0.820963 3,654,243.66 3,536,700.00 117,543.66 May. 3 04 Od. 20 04 EUR - 10,000,000.00 USD 11,883,000.00 1.1883 0.820963 11,883,000.00 12,180,812.21 - 297,812.21 May. 11 04 Oct. 20 04 EUR - 1,500,000.00 USD 1,766,100.00 1.1774 0.820963 1,766,100.00 1,827,121.83 - 61,021.83 May. 17 04 Oct. 20 04 EUR • 1,500,000.00 USD 1,796,100.00 1.1974 0.820963 1,796,100.00 1,827,121.83 - 31,021.83 Total Closed 0.00 -546,Ø.00 147,481,761.07 148,028,261.07 -546,Ø.O0 POUND STERLING - U S DOLLAR Mar. 3 04 Jun. 7 04 GBP 10,000,000.00 USD - 18,106,000.00 1.8106 1.832196 18,321,962.64 18,106,000.00 215,962.64 Mar. 504 Jun. 704 GBP - 10,000,000.00 USD 18,290,000.00 1.829 1.832196 18,290,000.00 18,321,962.64 - 31,962.64 Mar. 504 Jun. 804 GBP 10,000,000.00 USD - 18,295,000.00 1.8295 1.832032 18,320,316.43 18,295,000.00 25,316.43 Mar. 16 04 Jun. 8 04 GBP - 10,000,000.00 USD 18,012,000.00 1.8012 1.832032 18,012,000.00 18,320,316.43 - 308,316.43 Feb. 23 04 Aug. 24 04 GBP 10,000,000.00 USD - 18,337,000.00 1.8337 1.819165 18,191,649.89 18,337,000.00 - 145.350.11 Mar 1 04 Aug. 24 04 GBP - 10.000.000.00 USD 18,404,000 00 1.8404 1.819165 18.404,000.00 18,191,649.89 212,350.11 Total Closed 0.00 - 32,000.00 109,539,928.96 109,571,928.96 - 32,000.00 May. 11 04 Jun. 14 04 GBP - 5,000,000.00 USD 8,752,500.00 1.7505 1.831044 8,752,500.00 9,155,219.58 - 402,719.58 May. 12 04 Jun. 14 04 GBP - 5,000,000.00 USD 8,850,500.00 1.7701 1.831044 8,850,500.00 9,155,219.58 - 304,719.58 May. 17 04 Jun. 14 04 GBP 1, 000,000.00 USD - 1,767,000.00 1.767 1.831044 1,831,043.91 1,767,000.00 64,043.91 May. 19 04 Jun. 14 04 GBP - 4,000,000.00 USD 7,103,600.00 1.7759 1.831044 7,103,600.00 7,324,175.66 - 220,575.66 Apr. 16 04 Od. 20 04 GBP 10,000,000.00 USD - 17,725,000.00 1.7725 1.810108 18,101,081.96 17,725,000.00 376,081.96 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032146 SDNY_GM_00301344 EFTA01507146