EFTA01506533.pdf

0 1 12004 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number: 0 30171.00.5 Asset Account Portfolio Page 32 of 53 FINANCIAL TRUST COMPANY INC January 01, 2004 - January 31, 2004 N Zealand Dollar Activity by Date continued Settlement Realized amount Amount USD Date type Quantity Dosettption GainzLoss USD Jan 22 Expired Opt 15,500,000 NZD PUT USD CALL FX EUROPEAN STYLE OPTION OCT 19, 2004 63 KNOCK IN 6200 KNOCK OUT .6775 EXPIRATION OF WRITTEN FX OPTION OPTION KNOCKED OUT Jan 27 Fwd FX Ctrct 6,640.000 SETTLE FORWARD CURRENCY CONTRACT - 10,000,000.00 - 6,770,480.70 BUY USD SELL NZD CONTRACT RATE : 0.664000000 TRADE 1/16104 VALUE 1/27/04 Jan 27 Fwd FX Ctrct - 6,669,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 6,770,480.70 BUY NZD SELL USD CONTRACT RATE : 0.666900003 TRADE 1/20/04 VALUE 1/27/04 Jan 30 Redemption - 10,000,000 3 MONTH NZD BULLISH FX DEPOSIT - NZD 326,295.08 10,000,000.00 6,462,295.08 100% PRINCIPAL PROTECTED IN NZD JP MORGAN CHASE LONDON 1/28/2004 TO REDEMPTION Jan 30 Spot FX 6,462,295.08 SPOT CURRENCY TRANSACTION - SALE - 10,000,000.00 - 6,462,295.08 BUY USD SELL NZD SPOT RATE : 0.646229500 TRADE 1/28/04 VALUE 1/30/04 REP: PROCEEDS DUE TO 3 MONTH NZD BULLISH MATURITY U S DOLLAR N ZEALAND DOLLAR Confidential Treatment Requested by JPMorgan JPM-SDNY-00031521 Chase CONFIDENTIAL SDNY_GM_00300719 EFTA01506533