EFTA01506568.pdf

0 1 INN JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 14 of 53 FINANCIAL TRUST COMPANY INC January 01, 2004 - January 31, 2004 Description Counter Counter Premium Premium Premium Current Market Unrealized Cusrp Amount Currency Amount Currency Local USD Value USD Gwn Loss USD Foreign Exchange continued P EUR PUT USD CALL EUR - 10,000,000 USD - 12,100,000.00 USD - 248,655.00 - 248,655.00 0.00 248.655.00 FX EUROPEAN STYLE OPTION OCT 29. 2004 0 1.21 KNOCK IN @ 1.1995 KNOCK OUT @ 1.2875 XEURPA-MI-Z P AUD PUT USD CALL AUD - 10,000,000 USD - 7,550,000.00 USD - 226,500.00 - 226,500.00 0.00 226,500.00 FX EUROPEAN STYLE OPTION NOV 01, 2004 .755 KNOCK IN .740 KNOCK OUT Q .783 XAUDPA-D8-2 Total Foreign Exchange - 5,925,087.60 - 9,263,709.41 - 3,338,621.98 Exchange-Ws options are mated using melte prices al be awe a 0vules* to statement date -Counter (0 YC) options we valued el Mid Market unless otherwise agreed Over. Teo Set Imparent InlemattOrt about PrICIng and ValuellOnt Important tnIonnetlon about Pricing and Valuations Aloes sane or *Nth we provided by pricing Demon a Ober Spaces *NO] we deem reAable are not guaranteed tr accuracy a as resalable nalues Valuations of oientnecounte denvatee Panaoctons mcludeng certain denvelfves.relalel depose products have been amend on a mdrnekel NU, These vsluilsOni we inclocatree vaties as of the teas ci business or the dale Of the statement and emcee as otherwee agreed N anMg these reuahons do not represent the actual terms at vthich transeceons ce secumos could Co bought cc sect cr new transacbcns could be entered into ce the actual teems on inch ousting trarmachons swages could be lquclead as dem dated This statement We do not warrant Nei compbtoness a accuracy these voaratrans we Sewed from proprietary modes based upon wedrccoanced financial pnrerplos and no hate when meas. vy b catulate the present valueof future cash Ilan made reasonable osterates about relevant lute market cond.:0s VM,aons based on other mode:: or thllerent assumptons may real different mots Megan emressly &scrams arry responstety (1) the accuracy0(Mo mart or estimates used vs dpi en; the veAzatons 0) any errors or omissions rn computing or dissemnating the vatiatons an! (3) any uses to which the vatiatoons am put verations aro worded for ntematron nooses only and we intended solely lamer own use Please rote to the trade confirmation le debts of each transaction Confidential Treatment Requested by JPMorgan JPM-SDNY-00031556 Chase CONFIDENTIAL SDNY_GM_00300754 EFTA01506568