11 12003 Account Number: FINANCIAL TRUST COMPANY INC November 01, 2003 - November 30, 2003 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 29 of 61 Hungarian Forint Activity by Date continued Statement Dare type Ouannty Deseriptron Realized Amount thiliVLOSS USD Amount USD Nov 24 Spot FX 1,000,000 SPOT CURRENCY TRANSACTION - SALE - 217,000,000.00 - 1,000,000.00 BUY USD SELL HUF SPOT RATE : 217.000000000 TRADE 11/21/03 VALUE 11/24103 U S DOLLAR HUNGARIAN FORINT Nov 24 Purchase 1,083,000,000 3 MONTH HUF BULLISH FX DEPOSIT -1,083,000,000.00 - 5,000,000.00 100% PRINCIPAL PROTECTED IN HUF JP MORGAN CHASE LONDON MATURITY 02/20/2004 Nov 25 Spot FX - 1,000,000 SPOT CURRENCY TRANSACTION - BUY 217,000,000.00 1,000,000.00 BUY HUF SELL USD SPOT RATE : 217.000000000 TRADE 11/21/03 VALUE 11/25/03 HUNGARIAN FORINT U S DOLLAR Nov 25 Spot FX 1,000,000 SPOT CURRENCY TRANSACTION - SALE - 217,000,000.00 - 1,000,000.00 BUY USD SELL HUF SPOT RATE : 217.000000000 TRADE 11/21/03 VALUE 11/25/03 U S DOLLAR HUNGARIAN FORINT Nov 25 Spot FX - 3,000,000 SPOT CURRENCY TRANSACTION - BUY 651,000,000.00 3,000,000.00 BUY HUF SELL USD SPOT RATE : 217.000000000 TRADE 11/21/03 VALUE 11/25/03 HUNGARIAN FORINT U S DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031190 SDNY_GM_00300388 EFTA01506204