12 JPMorgan Chase Bank 2002 345 Park Avenue, New York, NY 10154-1002 Account Number FINANCIAL TRUST COMPANY INC Portfolio Summary Eacept fa the Depose Account (I ceded). end the cash in your Asset Aro-vnt which see neared depowts wan .IPMCB none or the inves&nenes relayed ton das sterernent of our Asset Acceora .nduitng mutual/Lad, we FDIC inbred a beak eerarts db41»aans Ora Ouwergeed by "Ca Or any Of as bans a tnn effnains (unless ~wow. snicered) Suet secuntes and ~or ~Wow*, we sues«, » ~semen( risks. rnetudng posse» bis 01die pooped amOura earned See 'ImaCitent inkernaton about toer aeMS9 Brokerage Account" el th end of Ina Asset Account Pew ?Se Asset Account Portfolio December 01, 2002 - December 31, 2002 JPMorgan Private Bank Page 4 of 40 Overview Cash & Short Term Equities Options Total Foreign Exchange Accrued Income Total Portfolio Value Nance Value USE Dec 91 Nance Value USE Nov90 Tax Cost 050 Estimated Anne: income USE nero 96 112,460,425.15 61,062,620.78 111,706,281 48 1,198,019.87 1.1 18,817,834.56 23,482,289.30 0.0 - 285.773.10 - 1.260.922.44 - 1,937.638 00 N/A N/A 130,992,486.61 83,283,987.64 109,768,643.48 1,198,019.87 0.9 3,225,464.74 160,709.39 84,018.31 46,895.01 134,301,969.66 83,491,592.04 Asset Allocation 86% Cash and Short Term Income Summary This Period USE Year what* USO Taxable Interest 103,600.65 103,600.65 14% Equities Dividends 46,895.01 414,720.69 Total 150,495.66 518,321.34 Market value of Options is not included in pie chart. Net Gain/Loss Summary Net Short Term Gain/Loss Total Realized This Penal U50 Realized Year Morale US& 2,541,756.36 14,119.835.78 2,541,756.36 14,119,835.78 'Year to date information is calculated on a calendar year basis. Unrealized uso 2,406.008.55 2,406,008.55 Exchange Rates Spot Rates as or December 31. 2002 Currency BRL CI-IF EUR Exchange Rate 3.0400 1.3027 1.0494 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030421 SDNY_GM_00299619 EFTA01505440