EFTA01507971.pdf

12 2004 JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 II3 JPMorgan Private Bank Account Number Asset Account Portfolio Page 28 of 43 FINANCIAL TRUST COMPANY INC December 01. 2004 - December 31, 2004 Account Transactions by Currency Pound Sterling Activity Summary Amount On Am0unt P.M° ro Dan Beginning Balance .14 Credits Sales. Maturities, Redemptions 13,000,000 00 Foreign Exchange 20,000,000 00 321,700,000 00 Debits Foreign Exchange -20.000,000.00 - 334,699,999 86 Ending Balance .14 Pound Sterling Activity by Date Settlement ReaAtrOd Amount Amount USD Date Type Gunny otatrovon eatm.oss fRD Dec 1 Expired Opt 10,000,000 GBP PUT JPY CALL FX EUROPEAN STYLE OPTION AUG 24, 2005 (a 193 KNOCK IN O 192 KNOCK OUT 0197 EXPIRATION OF WRITTEN FX OPTION OPTION KNOCKED OUT Dec 10 Fwd FX Ctrct -1,953,829,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 19,135,990.87 BUY GBP SELL JPY CONTRACT RATE : 195.382900000 TRADE 10/19/04 VALUE 12/10/04 Confidential Treatment Requested by JPMorgan JPM-SDNY-00033087 Chase CONFIDENTIAL SDNY GM_00302285 EFTA01507971