12 Account Number FINANCIAL TRUST COMPANY INC December 01, 2003 - December 31, 2003 JPMorgan Chase Bank 2003 345 Park Avenue, New York, NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 20 of 44 Australia Dollar Activity by Date continued Settlement Date Dec 3 Dec 3 Dec 3 Dec 3 Dec 4 Dec 5 Dec 5 type Quantity Fwd FX Ctrct - 7,090,000 Fwd FX Ctrct - 7,078,000 Fwd FX Ctrct - 7,053,000 FX Opt Asgn'D 20,000,000 Spot FX 1,132,638.79 Fwd FX Ctrct - 13,040,000 Fwd FX Ctrct - 3,510,000 Deactiption Realized ClelneLOss USD Amount Amount USD SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 7,355,645.45 BUY AUD SELL USD CONTRACT RATE : 0.709000000 TRADE 11/05/03 VALUE 12/03/03 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 7,355,645.45 BUY AUD SELL USD CONTRACT RATE : 0.707800000 TRADE 11/05103 VALUE 12/03/03 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 7,355,645.45 BUY AUD SELL USD CONTRACT RATE : 0.705300000 TRADE 11/06/03 VALUE 12/03/03 SPOT CURRENCY TRANSACTION - 28,449,502 13 - 20,926,445 11 SETTLEMENT OF ASSIGNED FX OPTION SELL AUD BUY USD TRADE 12/01/03 VALUE 12/03/03 SPOT CURRENCY TRANSACTION - SALE - 1,550,498.00 - 1,132,638.79 BUY USD SELL AUD SPOT RATE : 0.730500000 TRADE 12/02/03 VALUE 12/04/03 U S DOLLAR AUSTRALIA DOLLAR SETTLE FORWARD CURRENCY CONTRACT - 0.01 20,000,000.00 14,699,937.52 BUY AUD SELL USD CONTRACT RATE : 0.652000000 TRADE 6/03/03 VALUE 1245/03 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 3,674,984.38 BUY AUD SELL USD CONTRACT RATE : 0.702000000 TRADE 10/22/03 VALUE 12/05/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031421 SDNY_GM_00300619 EFTA01506433