11 IMO 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 35 of 59 Norwegian Krone Activity by Date continued Settlement Date type Quantity Nov 20 Fwd FX Ctrct Nov 20 Fwd FX Ctrct Nov 20 Spot FX Nov 20 Fwd FX Ctrct 9,991,615.61 9,991,615.61 10,759,285.16 - 9,608,636.52 Description Realized thiliVLOSS USD amount Amount USD SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NOK CONTRACT RATE : 7.268594303 TRADE 4/24/03 VALUE 11/20/03 - 72,625,000.00 - 10,589,050.08 SETTLE FORWARD CURRENCY CONTRACT 0.01 - 71,800,000.00 - 10,468,761.39 BUY USD SELL NOK CONTRACT RATE : 7.186025000 TRADE 1/15/03 VALUE 11/20/03 SPOT CURRENCY TRANSACTION - SALE - 75,098,220.00 - 10,759,285.16 BUY USD SELL NOK SPOT RATE : 6.979852200 TRADE 11/17/03 VALUE 11/20/03 U S DOLLAR NORWEGIAN KRONE SETTLE FORWARD CURRENCY CONTRACT 73,135,000.00 10,663,410.36 BUY NOK SELL USD CONTRACT RATE : 7.611381700 TRADE 12/11/02 VALUE 11/20/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031316 SDNY_GM_00300514 EFTA01506328