O JPMorgan Chase Bank 2003 345 Park Avenue. New York, NY 10154-1002 Account Numbel FINANCIAL TRUST COMPANY INC il3JPMorgan Private Bank Asset Account Portfolio Page 32 of 51 June 01, 2003 - June 30, 2003 Account Transactions by Currency Norwegian Krone Activity Summary Amount this ATOUPIT Period 10 MS Beginning Balance Credits Taxable Interest Sales, Maturities, Redemptions Miscellaneous Receipts Foreign Exchange .00 225,388,450.00 Debits Foreign Exchange - 225,388,450.00 Ending Balance .00 Foreign Exchange Gains/Losses - .01 1,915,704.00 73,684,296.00 4.16 1,578,497,695.84 - 1,657,478,404.0 Norwegian Krone Activity by Date Serilemem On net* Realized Quantity Description GairvL oss USD Amount Amount USD Jun 5 Fwd FX Ctrct Jun 5 Fwd FX Ctrct - 10,000,000 SETTLE FORWARD CURRENCY CONTRACT 70,220,000.00 10,192,913.44 BUY NOK SELL USD CONTRACT RATE : 7.022000000 TRADE 4/30/03 VALUE 6/05/03 5,000,000 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NOK CONTRACT RATE : 6.812500000 TRADE 5/16/03 VALUE 6/05/03 - 0.01 - 34,062,500.00 - 4,944,404.92 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030689 SDNY_GM_00299887 EFTA01505706