07 12003 Account Numbe FINANCIAL TRUST COMPANY INC July 01, 2003 - July 31, 2003 JP51organ Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 28 of 65 Account Transactions by Currency Australia Dollar Activity Summary Amount this Pomo ATOM' to 0ato Beginning Balance Credits .00 Foreign Exchange 60,000,000.00 170,000,000.00 Debits Purchases of Securities - 40,000,000.00 Foreign Exchange - 60,000,000 00 - 130,000,000.00 Ending Balance .00 Foreign Exchange Gains/Losses .01 Australia Dollar Activity by Date Sorttomint Date OwMAy ownmm RoalaW moiraossuso Amount Amount USD Jul 10 Fwd FX Ctrct - 12,619,445.26 SETTLE FORWARD CURRENCY CONTRACT 20,000,000.00 13,126,804.93 BUY AUD SELL USD CONTRACT RATE : 0.630972300 TRADE 5/08103 VALUE 7/10/03 Jul 10 Fwd FX Ctrct 26,043,920.65 SETTLE FORWARD CURRENCY CONTRACT 0.01 - 40,000,000.00 - 26,253,609.87 BUY USD SELL AUD CONTRACT RATE : 0.651098000 TRADE 6/04(03 VALUE 7/10/03 Jul 10 Fwd FX Ctrct - 12,384,312.69 SETTLE FORWARD CURRENCY CONTRACT 20,000,000.00 13,126,804.93 BUY AUD SELL USD CONTRACT RATE : 0.619215600 TRADE 5/01/03 VALUE 7/10/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030787 SDNY_GM_00299985 EFTA01505804