EFTA01506044.pdf

09 2003 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 II3 JPMorgan Private Bank Account Number: Q Asset Account Portfolio Page 13 of 72 FINANCIAL TRUST COMPANY INC September 01, 2003 - September 30, 2003 Description Counter Coaxer ~mum ~mum Prom?'" Current Market Unreelized Cusip Amount Currency Amount Currency Local DSO Value USD Gainless DSO Foreign Exchange continued ZAR CALL USD PUT ZAR - 46,860,000 USD - 6,600,000.00 USD - 79,200.00 - 79,200.00 - 224,066.71 - 144,866.71 FX EUROPEAN STYLE OPTION NOV 24, 2003 7.1 XZARCA-AO-Z P NOK PUT USD CALL NOK - 35,750,000 USD - 5,000,000.00 USD - 80,000.00 - 80,000.00 0.00 80,000.00 FX EUROPEAN STYLE OPTION JUN 29, 2004 Q 7.15 KNOCK IN Q 7.20 KNOCK OUT Q 6.88 XNOKPA-EL-Z Total Foreign Exchange - 2,946,836.50 - 3,071,429.48 - 124,593.14 E.Cnarrje-Mted Option, M. arum/ using mrMepxN el th•Cksl*Cf0,44•U fOr ellitenelOt She aer. Tile-Counter (0 TC)options am valued et Met.lif~I. unites "envoi mall ~: knportent !Mummer ~rue Pricing end Valultiene. Sportiest trionnition ~re Pricing end Valuations Pnan sane a/ Much we ~eel by pray ~es a other sautes **di we deem/Sabi. we not guaranteed for ~nay ce es unstable yokes ~Won of overacountar des-ninny banetons. inducing cedar, denvafrees•reieled </woad ~oats, have been prepared on e ~mereal bows ~se valirebons se inficefive velan as of the cbsecl business tithe date a/Ø sletemstit end. except es ~maw agreed in went then ~Mons do not represent the refuel terms el whoa% trensectons a seas*es tali be bought a sedans« trensecbcne could be enteral into a the actual terms an wh.ch ~ens Inense~ns ce seaviies ~PI be lquidebed es ti lve ~eat Ons sidemen( We do not snot the.r npbteness ar accuracy Thaw valuations ire ~ad from proprietary ~Ids based upon well recurred ("enamel pnnapbs enl we Mw. when necessary to ~Web the present mks or future cosh flows. nude reesoneble ~rates about relevant future ~at cond~s Velembens based on other ~eh a afferent essumplons may peel different ~Os Mogen espressfr disdains anyresponsibility b(1) the acCuracy das ~Pa Cr. estentled used n ~Mg the v~1~. (2) any errors a øn sone n Cornet", of dinenvnebinit V* ~tins. tend (3) My ~a to whit* the valuotions urur Nit Valiant, provded kit ~Tinian paposer Only ends, Inkinded sot* b yois own we. Pfiellee refer b the »de Con ~Ken fe d ~101 each ~SKIM. Confidential Treatment Requested by JPMorgan JPM-SDNY-00031030 Chase CONFIDENTIAL SDNY_GM_00300228 EFTA01506044