05 12003 Account Number: CI FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 Asset Account Portfolio May 01, 2003 - May 31, 2003 Outstanding Foreign Exchange Contracts JPMorgan Private Bank Page 14 of 41 Net Currency Exposure Australia Dollar Swiss Franc Summary Value in Currency Gain/Loss Summary Total Unrealized Closed Total Unrealized Open Value in USD 2,142,201.40 8,563,198.20 40,000,000.00 25,982,500.00 Euro Currency 50,000,000.00 Total Unrealized Gain/Loss 10,705,399.60 Pound Sterling 5,000,000.00 Japanese Yen 1,730,400,000.00 Norwegian Krone 204,530,250.00 N Zealand Dollar 40,000,000.00 U S Dollar - 169,007,927.14 Foreign Exchange Contracts Senlernent Trade Date Date Currency Amount Counter Currency Counter Amount Contract Rate Concern Market Forward Rate Market Value Reeehliblet (ISO Marker Value Payables USD Unrealized OlOWLOS. USD SPECULATIVE AUSTRALIA DOLLAR - U S DOLLAR Jan. 21 03 Jun. 12 03 AUD 15,000,000.00 USD - 8,704,500.00 0.5803 0.650914 9,763,711.51 8,704,500.00 1,059,211.51 Mar. 28 03 Jun. 12 03 AUD - 15,000,000.00 USD 8,932,500.00 0.5955 0.650914 8,932,500.00 9,763,711.51 - 831,211.51 Total Closed 0.00 228,000.00 18,696,211.51 18,468,21131 228,000.00 May. 1 03 Nov. 503 AUD 20,000,000.00 USD - 12,430,000.00 0.6215 0.641704 12,834,079.74 12,430,000.00 404,079.74 May. 8 03 Nov. 503 AUD 20,000,000.00 USD - 12,666.000 00 0.6333 0.641704 12,834,079 74 12.666.000 00 168,079 74 Total Open 40,000,000.00 - 25,096,000.00 25,668,159.48 25,096,000.00 572,159.48 Total 40,000,000.00 - 24,868,000.00 44,364,370.99 43,564,211.51 800,159.48 CANADIAN DOLLAR - U S DOLLAR Apr. 30 03 Nov. 303 CAD 14,510,000.00 USD - 10,000,000.00 1.451 1.385705 10,471,202.05 10,000,000.00 471,202.05 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030630 SDNY_GM_00299828 EFTA01505648