EFTA01507233.pdf

06 12004 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 41 of 72 FINANCIAL TRUST COMPANY INC June 01, 2004 - June 30, 2004 Account Transactions by Currency Pound Sterling Activity Summary Amount this Amocmt Potio0 loan Beginning Balance .14 Credits Sales, Maturities, Redemptions 13,000,000.00 Foreign Exchange 39,000,000 00 147,700,000.00 Debits Foreign Exchange - 39,000,000.00 -160,699,999.86 Ending Balance .14 Foreign Exchange Gains/Losses - 311,728.29 Pound Sterling Activity by Date Sorttomint RN1IZIO Amount Amount 1.15D On. net* Quantity DesaMrlon °strut cos USD Jun 7 Fwd FX Ctrct - 18,106,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 18,360,414.94 BUY GBP SELL USD CONTRACT RATE : 1.810600000 TRADE 3/03104 VALUE 6/07/04 Jun 7 Fwd FX Ctrct 18,290,000 SETTLE FORWARD CURRENCY CONTRACT 0.01 - 10,000,000.00 - 18,360,414.94 BUY USD SELL GBP CONTRACT RATE : 1.829000000 TRADE 3/05104 VALUE 6/07/04 Jun 8 Fwd FX Ctrct - 18,295,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 18,353,675.32 BUY GBP SELL USD CONTRACT RATE : 1.829500000 TRADE 3/05/04 VALUE 6/08/04 Confidential Treatment Requested by JPMorgan JPM-SDNY-00032248 Chase CONFIDENTIAL SDNY_GM_00301446 EFTA01507233