EFTA01506470.pdf

12 2003 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 13 of 44 FINANCIAL TRUST COMPANY INC December 01, 2003 - December 31, 2003 Foreign Exchange Contracts continued Settlement Counter Counter Current Manker Markel Van* Market Value Unrealized Treat* an Oars Cunene Amount Cumitne Amount COntraa Rate Fermate Rate Reeelvainee USO payebi USO a_ OSS USO Dec. 11 03 Mar. 15 04 EUR 10,000,000.00 USD - 12,125,000.00 1.2125 0.794439 12,587,499.44 12,125,000.00 462,499.44 Dec. 31 03 Mar. 15 04 EUR - 10,000,000.00 USD 12,583.000.00 1.2583 0.794439 12,583,000.00 12,587,499.44 - 4,499.44 Total Closed 0.00 795,500.00 37,774,652.85 36,979,152.85 795,500.00 POUND STERLING - U S DOLLAR Nov. 18 03 Jan. 20 04 GBP 5,000,000.00 USD - 8,475,000.00 1.695 1.787373 8,936,866.23 8,475,000.00 461,866.23 NORWEGIAN KRONE - U S DOLLAR Dec. 11 03 Mar. 15 04 NOK 67,525,000.00 USD - 10,000,000.00 6.7525 6.669198 10,124,904.85 10,000,000 00 124,904.85 N ZEALAND DOLLAR - U S DOLLAR Dec. 18 03 Jan. 504 NZD - 5,000,000.00 USD 3,245,000.00 0.649 0.65612 3,245,000.00 3,280,604.77 - 35,604.77 Dec. 30 03 Jan. 504 NZD 5,000,000.00 USD - 3,266,500.00 0.6533 1.53069 3,266,500.00 3,266,500.00 0.00 Nov. 18 03 Jan. 20 04 NZD 10,000,000.00 USD - 6,336,000.00 0.6336 0.654881 6,548,813.49 6,336,000.00 212,813.49 Nov. 19 03 Jan. 20 04 NZD 15,000,000.00 USD - 9,460,500.00 0.6307 0.654881 9,823,220.23 9,460,500.00 362,720.23 Nov. 24 03 Jan. 20 04 NZD • 10,000,000.00 USD 6,336,000.00 0.6336 0.654881 6,336,000.00 6,548,813.49 - 212,813.49 Dec. 26 03 Jan. 20 04 NZD • 10,000,000.00 USD 6,460,000.00 0.646 0.654881 6,460,000.00 6,548,813.49 - 88,813.49 Dec. 29 03 Jan. 20 04 NZD • 5,000,000.00 USD 3,242,000.00 0.6484 0.654881 3,242,000.00 3,274,406.74 - 32,406.74 Dec. 29 03 Jan. 20 04 NZD • 5,000,000.00 USD 3,242,000.00 0.6484 0.654881 3,242,000.00 3,274,406.74 - 32,406.74 Dec. 30 03 Jan. 20 04 NZD 5.000,000.00 USD - 3,261,500 00 0.6523 0.654881 3,274,406 74 3,261,500 00 12.906 74 Total Closed 0.00 200,500.00 45,437,940.46 45,251,545.23 186,395.23 S AFRICAN RAND - U S DOLLAR Dec. 16 03 Dec. 16 03 ZAR 32,195,000.00 USD - 5,000,000.00 6.439 6.488839 4,961,596.14 5.000,000.00 - 38,403.86 Dec. 18 03 Jan. 20 04 ZAR 33,190,000.00 USD • 5,000,000.00 6.638 6.973081 4,759,732.42 5,000,000.00 - 240,267.58 Total Open 65,385,000.00 - 10,000,000.00 9,721,328.56 10,000,000.00 - 278,671.44 Total Foreign Exchange Contracts 148,773,590.19 147,158,370.39 1,615,219.80 Confidential Treatment Requested by JPMorgan JPM-SDNY-00031458 Chase CONFIDENTIAL SDNY_GM_00300656 EFTA01506470