EFTA01506424.pdf

12 2003 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 II3JPMorgan Private Bank Account Number: Asset Account Portfolio Page 11 of 44 FINANCIAL TRUST COMPANY INC December 01, 2003 - December 31, 2003 Description Counter Counter Premium Premium Premium Current Market Unrealized Cuero Amount Currency Amount Currency Local USD Value USD Saint ass LSD Foreign Exchange continued EUR CALL USD PUT EUR 20,000,000 USD 25,000,000.00 USD 196,744.80 196,744.80 946,309.40 749,564.60 FX EUROPEAN STYLE OPTION NOV 01, 2004 @ 1.25 KNOCK OUT @ 1.1375 KNOCK OUT C 1.21 BARRIER EXP 12/1/03 XEURCA-TP-Z EUR CALL USD PUT EUR 50,000,000 USD 65,000,000.00 USD 282,235.00 282,235.00 1,471,730.00 1,189,495.00 FX EUROPEAN STYLE OPTION NOV 01, 2C•34 C 1.3 KNOCK OUT @ 1.1375 KNOCK OUT Q 1.21 BARRIER EXP 12/1/03 XEURCA-TO-Z Total Foreign Exchange 1,951,307.80 4,382,195.11 2,430,887.25 &flange-Wed options we reared wing market pnCeS el be close lysine's kr statement date Over..TheCOunter (0 TC)OpliOnS are valued et WO Markel ones, otherwise agreed Set: Important In:emotion about Pricing and ValuellOnd Important MfomsatIon abet, Pricing and %Wootton. R1003 seine 01 *Nth are ;wended by (reef!) Semen a Other sources *NO] we deem reAaNe are not guaranteed to, Scanty Cr as resalable values WituatiOnS Of Orentne-COunter denvatNe PansteCtons including Certain denveteres.reldled depose products. have bean pepped p, a mermerkel Oasis These valualsOns are indoCafree rates as Of the Case d bosons Of the dale 01 rho statement and *Atop( as otherwee agreed an wuMg these ratuahons do not represent the actual terms at which transectons ce secunnes could be bought a sod ce new transecbcns could be entered no. a the actual teems on alien ousting tranSeChOnS secuntas could be Iquelated es &the dated Nis statement We do not newel Nei completeness ce ecwacy These vebatrans we dowel from proprietary models based upon weeI reco;need tetanal pnrerpbs at we haw) when meas. vy b cab/Moto be resent nabs of future cosh lbers node reasonable estimates about relevant tuba market cond.:0s Vekrabons based on other modets or deferent assumptons may rod different mots Magan expressly declaims arryresponstaly la 0)th the accuracy at modet or estimates used vs demo; the vealatons Many errors or omoscos a computong or diSSerneleen9 the vatsatons and (3) ay uses to which the vatiotons are put vebabons ate provided for rntsernation papOSOS Only and ale onlended solelylayout* own use Moose rote to the bade confternabon Ica, Stets of each transaction Confidential Treatment Requested by JPMorgan JPM-SDNY-00031412 Chase CONFIDENTIAL SDNY_GM_00300610 EFTA01506424