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 31 of 59 Account Transactions by Currency N Zealand Dollar Activity Summary Amount this Pimp(' Amount to Oat, Beginning Balance .00 Credits Sales, Maturities, Redemptions 33.985.562 27 Miscellaneous Receipts 4,391 67 Foreign Exchange 50,000,000 00 339,000,000.00 Debits Purchases of Securities - 44,000,000.00 Foreign Exchange - 50 000,000 00 - 328,989,953.94 Ending Balance .00 Foreign Exchange Gains/Losses 144,729.25 N Zealand Dollar Activity by Date Settlement Date Type Reatind Quantity OttialptIon ellOrtOSS USO Amount AMOUN 11311 Nov 20 Fwd FX Ctrct Nov 20 Fwd FX Ctrct - 17,535,285.40 SETTLE FORWARD CURRENCY CONTRACT 30,000,000 00 19,291,363.89 BUY NZD SELL USD CONTRACT RATE : 0.584509500 TRADE 7/01/03 VALUE 11/20/03 5,746,178.14 SETTLE FORWARD CURRENCY CONTRACT 28,945 85 - 10,000,000.00 - 6,430,454 63 BUY USD SELL NZD CONTRACT RATE : 0.574617800 TRADE 6/07/03 VALUE 11/20/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031253 SDNY_GM_00300451 EFTA01506266