07 12003 Account Number: FINANCIAL TRUST COMPANY INC July 01, 2003 - July 31, 2003 JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 29 of 64 Account Transactions by Currency Canadian Dollar Activity Summary Amount INS Pens Alms roan Beginning Balance .00 Credits Foreign Exchange 29,020,000 00 29,020,000.00 Debits Foreign Exchange - 29,020,000 00 - 29,020,000.00 Ending Balance .00 Canadian Dollar Activity by Date Statement Date Type Opantay Descsaon Flestaect Amount Gain Loss USD Assn: USD Jul 10 Fwd FX Ctrct 10,060,311.42 SETTLE FORWARD CURRENCY CONTRACT - 14.510,000 00 - 10,480,696.30 BUY USD SELL CAD CONTRACT RATE : 1.442301300 TRADE 5/01/03 VALUE 7/10/03 Jul 10 Fwd FX Ctrct - 9,963,835.80 SETTLE FORWARD CURRENCY CONTRACT 14,510,000.00 10,480,696.30 BUY CAD SELL USD CONTRACT RATE: 1.456266500 TRADE 4/30/03 VALUE 7/1W03 Jul 10 Fwd FX Ctrct - 10,076,439.33 SETTLE FORWARD CURRENCY CONTRACT 14,510,000.00 10,480,696.30 BUY CAD SELL USD CONTRACT RATE : 1.439992800 TRADE 5/05/03 VALUE 7/10/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030982 SDNY_GM_00300180 EFTA01505996