EFTA01507158.pdf

05 INN JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 31 of 78 FINANCIAL TRUST COMPANY INC May 01, 2004 - May 31, 2004 Australia Dollar Activity by Date continued Statement Realized Amount Amount USD Dare type Quantity Deacaption ClartVLoss USD May 4 Spot FX - 7,180,000 SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 7,180,000.00 BUY AUD SELL USD SPOT RATE : 0.718000000 TRADE 4/30/04 VALUE 5/04/04 AUSTRALIA DOLLAR U S DOLLAR May 4 FX Opt Asgn'D 7,181,000 SPOT CURRENCY TRANSACTION 1,000.00 - 10,000,000.00 - 7,291,286.91 SETTLEMENT OF ASSIGNED FX OPTION SELL AUD BUY USD TRADE 4/30/04 VALUE 5(04/04 May 13 Fwd FX Ctrct 5,818,400 SETTLE FORWARD CURRENCY CONTRACT - 54,416.89 - 8,000,000.00 - 5,518,383.11 BUY USD SELL AUD CONTRACT RATE : 0.727300000 TRADE 5/04104 VALUE 5/13/04 May 13 Spot FX - 2,089,800 SPOT CURRENCY TRANSACTION - BUY 3,000,000.00 2,089,800.00 BUY AUD SELL USD SPOT RATE : 0.696600000 TRADE 5/11104 VALUE 5/13/04 AUSTRALIA DOLLAR U S DOLLAR May 13 Spot FX - 3,483,000 SPOT CURRENCY TRANSACTION - BUY 5,000,000.00 3,483,000.00 BUY AUD SELL USD SPOT RATE : 0.696600000 TRADE 5/11/04 VALUE 5/13/04 AUSTRALIA DOLLAR U S DOLLAR Confidential Treatment Requested by JPMorgan JPM-SDNY-00032160 Chase CONFIDENTIAL SDNY_GM_00301358 EFTA01507158