06 12003 Account Number: FINANCIAL TRUST COMPANY INC June 01, 2003 - June 30, 2003 JPMorgan Chase Bank 345 Park Avenue. New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 32 of 51 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 Settlement Date net* Quantity Description Realized GairvL oss USD Jun 5 Fwd FX Ctrct - 10,000,000 SETTLE FORWARD CURRENCY CONTRACT BUY NOK SELL USD CONTRACT RATE : 7.022000000 TRADE 4/30/03 VALUE 6/05/03 Jun 5 Fwd FX Ctrct 5,000,000 SETTLE FORWARD CURRENCY CONTRACT - 0.01 BUY USD SELL NOK CONTRACT RATE : 6.812500000 TRADE 5/16/03 VALUE 6n35/03 Amount Amount USD 70,220,000.00 10,192,913.44 - 34,062,500.00 - 4,944,404.92 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030740 SDNY_GM_00299938 EFTA01505757