EFTA01507174

05 INN Account Numbe 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 48 of 78 Account Transactions by Currency Pound Sterling Activity Summary Amount this Poriod ATOM' to Otto Beginning Balance Credits .00 Sales, Maturities, Redemptions 13,000,000.00 Foreign Exchange 23,000,000 00 108,700,000.00 Debits Foreign Exchange - 22,999,999.86 -121,699,999.86 Ending Balance .14 Foreign Exchange Gains/Losses 111,166.38 Pound Sterling Activity by Date Sonlomoni Dote TYPO °Wray oesarorton Realattl GoirvLoss USD Amount Amount USD May 7 Fwd FX Ctrct - 8,887,000 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 8,930,963.65 BUY GBP SELL USD CONTRACT RATE : 1.777400000 TRADE 4/21/04 VALUE 5/07/04 May 7 Fwd FX Ctrct 5,735.67 SETTLE FORWARD CURRENCY CONTRACT - 3,212.00 - 5,737.25 BUY USD SELL GBP CONTRACT RATE : 1.785700000 TRADE 4/26/04 VALUE 5/07/04 May 7 Fwd FX Ctrct 968,327,520 SETTLE FORWARD CURRENCY CONTRACT -0.01 - 4,996,787.86 - 8,925,226.14 BUY JPY SELL GBP CONTRACT RATE : 193.790000000 TRADE 4/26/04 VALUE 5/07/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032177 SDNY_GM_00301375 EFTA01507174