07 12002 Account Numbe FINANCIAL TRUST COMPANY INC July 01, 2002 - July 31, 2002 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 21 of 52 Euro Currency Activity by Date Statement Dare TYR< continued Quantity Description Realized Amount thiliVLOSS USD Amount USD Jul 15 Spot FX 19,800,000 SPOT CURRENCY TRANSACTION - SALE - 20,000,000.00 - 19,800,000.00 BUY USD SELL EUR SPOT RATE : 0.990000000 TRADE 7/10/02 VALUE 7/15/02 U S DOLLAR EURO PRINCIPAL CURRENCY Jul 15 Fwd FX Ctrct - 19,751,760 SETTLE FORWARD CURRENCY CONTRACT 20,000,000.00 20,123,000.02 BUY EUR SELL USD CONTRACT RATE : 0.987588000 TRADE 6/26/02 VALUE 7/15/02 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030062 SDNY_GM_00299260 EFTA01505085