12 Account Number FINANCIAL TRUST COMPANY INC December 01, 2002 - December 31, 2002 JPMorgan Chase Bank 2002 345 Park Avenue. New York. NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 12 of 40 Crampoon Canter Custp Amount Currency Counter Premium Amount Currency Premium Premium Current Market Unrealized Local USD Value USD Garntoss USD Foreign Exchange continued P JPY CALL USD PUT FX EUROPEAN STYLE OPTION JUL 02, 2003 Q 110. XJPYCA-DA-Z JPY 200,000,000 USD 1,818,181.82 USD 165,000.00 165,000.00 0.00 - 165,000.00 Total Foreign Exchange - 1,937,638.00 - 285,773.10 1,651,864.88 Erchaniewosted options am valued using enamel prices id Me ciao of damns nor staternem date Cvor.Ine-Coorscr (0 IC) moons are vasrd a! Md.Varker rimless otherwise agreed Soo.Important Information about Pncsng and Valuations Important Information about Prying and Valuations Pecos some or whet we peceeed by aced 30ml:ciao:her sources which we deem towatto WO not guaranteed fa accuracy a as reamtwe rakes ValusLonsdoer-thecounter &noese fransactons inclodeng certain denvetreeswetaled <repast products. have been prepared one midmark& ban These raIwahons ewe tnIceere valves as d Me Nose of business of die dabs of the statement end ercept as °therm...greed in wend these reivenad do not represent tip actual rents et wn.ch Oinuctons a securhos 0GM bebought a sod a new transsachs covkl be entered ergb a the actual terms on when externs tranoostorn a wort*: awe belqucladad as of the dale of Ma statement We do not ante Thee comaelenese a *coney These vokrations we domed fromproprietary mode's Lased upon tvethecognized final Annoy*, and*, nave. when nacos-say to cstsade Me present vales of future cash lbws. made reasonable eArrates about relevant/Owe market condtcht ValusLons based on other, models a different assumptass may reId deferent result Megan expremly chsclarwe any nosponstbttly la (l) Ma accomacy of the modets a estimates used in dermas the rakish:ha Many eras cromascos as °availing a asseendebng the veheshons and (3) any uses to wncn the vstrations are put Vokiations we waded la tatemetion PorPottcl GM/ and are intended nobly yar own 145 Reese rent- 10 the trade confirm.. .On ea delta d each Vansecnon Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030469 SDNY_GM_00299667 EFTA01505487