EFTA01507094.pdf

05 INN JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Account Number Asset Account Portfolio Page 35 of 78 FINANCIAL TRUST COMPANY INC May 01, 2004 - May 31, 2004 Euro Currency Activity by Date continued Settlement Realized amount amount USD Date TYR< Quantity Description Canton USD May 11 Fwd FX Ctrct - 18,936,000 SETTLE FORWARD CURRENCY CONTRACT 15,000,000.00 17,709,563.16 BUY EUR SELL USD CONTRACT RATE : 1.262400000 TRADE 2/09/04 VALUE 5/11/04 May 11 Fwd FX Ctrct - 3,787,200 SETTLE FORWARD CURRENCY CONTRACT 3,000,000.00 3,541,912.63 BUY EUR SELL USD CONTRACT RATE : 1.262400000 TRADE 2/09/04 VALUE 5/11/04 May 11 Fwd FX Ctrct 8,939,000 SETTLE FORWARD CURRENCY CONTRACT - 0.01 - 7,000,000.00 - 8,264,462.80 BUY USD SELL EUR CONTRACT RATE : 1.277000000 TRADE 2/11/04 VALUE 5/11/04 May 11 Fwd FX Ctrct 6,389,500 SETTLE FORWARD CURRENCY CONTRACT - 5,000,000.00 - 5,903,187.72 BUY USD SELL EUR CONTRACT RATE : 1.277900000 TRADE 2/12/04 VALUE 5/11/04 May 11 Fwd FX Ctrct 7,448,400 SETTLE FORWARD CURRENCY CONTRACT - 6,000,000.00 - 7,083,825.26 BUY USD SELL EUR CONTRACT RATE : 1.241400000 TRADE 3/01/04 VALUE 5/11/04 May 27 Spot FX 18,080,254.93 SPOT CURRENCY TRANSACTION - SALE - 14,941,124.64 - 18,080,254.93 BUY USD SELL EUR SPOT RATE : 1.210100000 TRADE 5/25/04 VALUE 5/27/04 U S DOLLAR EURO PRINCIPAL CURRENCY May 27 Sale - 15,000,000 3 MONTH FX EUR FX DEPOSIT 14,941,124.64 18,080,254.93 100% PRINCIPAL PROTECTED IN EUROS JPMORGAN CHASE LONDON AUG 4 2004 Confidential Treatment Requested by JPMorgan JPM-SDNY-00032086 Chase CONFIDENTIAL SDNY_GM_00301284 EFTA01507094