12 JPMorgan Chase Bank 2002 345 Park Avenue, New York, NY 10154-1002 Account NumberFINANCIAL TRUST COMPANY INC Asset Account Portfolio December 01, 2002 - December 31, 2002 Outstanding Foreign Exchange Contracts JPMorgan Private Bank Page 13 of 40 Net Currency Exposure Summary Value in Currency Swiss Franc 35,348,000.00 Euro Currency 11,500,000.00 Gain/Loss Summary Total Unrealized Closed Total Unrealized Open Value in USD 73.272.85 3,416,251.40 Pound Sterling 5,000,000.00 Total Unrealized Gain/Loss 3,489,524.25 Japanese Yen 2,368,000,000.00 Mexican New Peso - 102,000,000.00 Norwegian Krone 405,305,000.00 Swedish Krona 91,375,000.00 U S Dollar - 118,891,270.22 Foreign Exchange Contracts Settlement Trade Date Date Currency Amount Counter Currency Counter Amount Connect Rate Currem Market Forward Rate Market Value RecaVablea USD Market Value Payables (ISO Unreelizect GelrVLOSII USD SPECULATIVE SWISS FRANC - U S DOLLAR Dec. 30 02 Jun. 12 03 CHF 13,880,000.00 USD - 10,000,000.00 1.388 1.377719 10,074,626.23 10,000,000.00 74,626.23 Dec. 12 02 Dec. 15 03 CHF 7,178,000.00 USD - 5,000,000.00 1.4356 1.372082 5,231,466.44 5,000,000.00 231,466.44 Dec. 13 02 Dec. 15 03 CHF 14,290,000.00 USD - 10,000,000.00 1.429 1.372082 10,414,830.81 10,000,000.00 414,830.81 Total Open 35,348,000.00 - 25,000,000.00 25,720,923.48 25,000,000.00 720,923.48 EURO CURRENCY - U S DOLLAR Dec. 11 02 Jun. 12 03 EUR 5,000,000.00 USD - 5,030.000 00 1.006 0.959050 5,213,492 77 5,030,000.00 183,492.77 Dec. 12 02 Dec. 15 03 EUR 5,000,000.00 USD - 5,044.000 00 1.0088 0.964732 5,182,785 97 5,044,000.00 138,785.97 Dec. 12 02 Dec. 15 03 EUR 1, 50O000. 00 USD - 1.510.500 00 1.007 0.964732 1.554.835 79 1.51O500 00 44,335 79 Total Open 11,500,000.00 - 11,584,500.00 11,951,114.53 11,584,500.00 366,614.53 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030390 SDNY_GM_00299588 EFTA01505409