12 JPMorgan Chase Bank 2003 345 Park Avenue. New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC Asset Account Portfolio December 01, 2003 - December 31, 2003 JPMorgan Private Bank Page 17 of 44 rude Dale Settlement Dale Currency Amount Counter Counter Cunene,' Amount Candled". RevatuabOn Rate Contracted Base Amount USD Revalued Amount USD Realized GaINLoss USD Settled Foreign Exchange Contracts continued Oct 23 03 Dec 5 03 AUD 5,000,000.00 USD - 3,500,500.00 0.700100 1.360550 - 3,500,500.00 3,674,984.38 174,484.38 Oct 24 03 Dec 5 03 AUD - 12,000,000.00 USD 8,365,200.00 0.697100 1.360550 8,365,200.00 - 8,819,962.51 - 454,762.51 Oct 24 03 Dec 5 03 AUD - 18,000,000.00 USD 12,551,400.00 0.697300 1.360550 12,551,400.00 - 13,229,943.77 - 678,543.77 Dec 8 03 Dec 10 03 AUD - 300,000.00 USD 222,000.00 0.740000 0.740500 222,000.00 - 222,150.00 - 150.00 Dec 8 03 Dec 10 03 AUD 300,000.00 USD - 222,150.00 0.740500 0.740500 - 222,150.00 222,150.00 Nov 4 03 Dec 15 03 AUD 18,000,000.00 USD - 12,486,600.00 0.693700 1.346200 - 12,486,600.00 13,370,970.13 884,370.13 Nov 14 03 Dec 15 03 AUD - 15,000,000.00 USD 10,761,000 00 0.717400 1.346200 10,761,000.00 - 11,142,475.11 - 381,475.11 Nov 24 03 Dec 15 03 AUD - 3,000,000.00 USD Z154,300.00 0.718100 1.346200 2,154,300,00 - 2,228,495.02 - 74,195.02 SWISS FRANC - U S DOLLAR Nov 4 03 Dec 15 03 CHF 26,050,000.00 USD - 19,208,081.40 1.356200 1.264050 - 19,208,081.40 20,608,362 01 1,400,280.61 Nov 18 03 Dec 15 03 CHF - 26,050,000.00 USD 19,976,993.87 1.304000 1.264050 19,976,993.87 - 20,608,362.01 - 631,368.14 EURO CURRENCY - U S DOLLAR Dec 8 03 Dec 10 03 EUR - 200,000.00 USD 244,000 00 1.220000 1.223000 244,000.00 - 244,600.00 - 600.00 Dec 8 03 Dec 10 03 EUR 200,000.00 USD - 244,600.00 1.223000 1.223000 - 244,600 00 244,600.00 POUND STERLING - U S DOLLAR Nov 4 03 Dec 15 03 GBP 5,000,000.00 USD - 8,366,000.00 1.673200 1.746572 - 8,366,000.00 8,732,861 75 366,861.75 Nov 24 03 Dec 15 03 GBP - 5,000,000.00 USD 8,466,500.00 1.693300 1.746572 8,466,500.00 - 8,732,861.75 - 266,361 75 HUNGARIAN FORINT - U S DOLLAR Nov 20 03 Dec 1 03 HUF 217,000,000.00 USD - 999,079.19 217.200000 221.483942 - 999,079.19 979,755.00 - 19,324.19 Nov 21 03 Dec 1 03 HUF 651,000,000.00 USD - 2,997,651.61 217.170000 221.483942 - 2,997,651.61 2,939,265.00 - 58,386.61 Nov 21 03 Dec 1 03 HUF 217,000,000.00 USD - 999,217.20 217.170000 221.483942 - 999,217.20 979,755.00 - 19,462.20 Dec 1 03 Dec 1 03 HUF 1,085,000,000 00 USD 4,831,885.99 224.550000 219.126675 4,831,885 99 - 4,951,473.84 - 119,587.85 Dec 1 03 Dec 8 03 HUF 1,085,000,000.00 USD - 4,825,439.18 224.850000 219.336726 - 4,825,439.18 4,946,732.00 121,292.82 Dec 4 03 Dec 8 03 HUF 1,085,000,000 00 USD 4,843,750.00 224.000000 215.595708 4,843,750.00 - 5,032,567.72 - 102,982.00 NORWEGIAN KRONE - U S DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031418 SDNY_GM_00300616 EFTA01506430