EFTA01507411.pdf

07 12004 JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 35 of 65 FINANCIAL TRUST COMPANY INC July 01, 2004 - July 31, 2004 Account Transactions by Currency N Zealand Dollar Activity Summary Amount tads Amami! Period IV Oat* Beginning Balance .00 Credits Sales, Maturities, Redemptions 29,964,616.52 Foreign Exchange 35,000,000 00 430,280,284.94 Debits Purchases of Securities - 20,000,000.00 Miscellaneous Disbursements - 280,284.94 Foreign Exchange - 35,000,000.00 - 439,964,616.52 Ending Balance .00 Foreign Exchange Gains/Losses - 52,739.19 N Zealand Dollar Activity by Date Sord•mtm RNNZIO Amount Amount USD DMA n't* Quantity CMSAMMOn Gainloss USO Jul 14 Fwd FX Ctrct 12,550,000 SETTLE FORWARD CURRENCY CONTRACT - 115,276.42 - 20,000,000.00 - 13,084,723.58 BUY USD SELL NZD CONTRACT RATE : 0.627500000 TRADE 6/10/04 VALUE 7/14/04 Jul 14 Spot FX - 13,200,000 SPOT CURRENCY TRANSACTION - BUY 20,000,000.00 13,200,000.00 BUY NW SELL USD SPOT RATE : 0.660000000 TRADE 7/12/04 VALUE 7/14/04 N ZEALAND DOLLAR U S DOLLAR Confidential Treatment Requested by JPMorgan JPM-SDNY-00032451 Chase CONFIDENTIAL SDNY_GM_00301649 EFTA01507411