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 II3 JPMorgan Private Bank Asset Account Portfolio Page 21 of 44 Australia Dollar Activity by Date Settlement Date TYPa continued Quantity Deacription Realized amount Otantose USD amount USD Dec 5 Fwd FX Ctrct - 3,500,500 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 3,674,984.38 BUY AUD SELL USD CONTRACT RATE : 0.700100000 TRADE 10/23/03 VALUE 12/05/03 Dec 5 Fwd FX Ctrct 8,365,200 SETTLE FORWARD CURRENCY CONTRACT - 12,000,000.00 - 8,819,962.51 BUY USD SELL AUD CONTRACT RATE : 0.697100000 TRADE 10/24/03 VALUE 12/05/03 Dec 5 Fwd FX Ctrct 12,551,400 SETTLE FORWARD CURRENCY CONTRACT - 18,000,000.00 - 13,229,943.77 BUY USD SELL AUD CONTRACT RATE : 0.697300000 TRADE 10/24/03 VALUE 12/05/03 Dec 10 Spot FX 222,000 SPOT CURRENCY TRANSACTION - SALE - 300,000.00 - 222,000.00 BUY USD SELL AUD SPOT RATE : 0.740000000 TRADE 12/08/03 VALUE 12/10/03 U S DOLLAR AUSTRALIA DOLLAR Dec 10 Spot FX - 222,150 SPOT CURRENCY TRANSACTION - BUY 300,000.00 222 150 00 BUY AUD SELL USD SPOT RATE : 0.740500000 TRADE 12/08/03 VALUE 12/10/03 AUSTRALIA DOLLAR U S DOLLAR Dec 15 Fwd FX Ctrct - 12,486,600 SETTLE FORWARD CURRENCY CONTRACT 18,000,000.00 13,370,970.13 BUY AUD SELL USD CONTRACT RATE : 0.693700000 TRADE 11/04/03 VALUE 12/15/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031466 SDNY_GM_00300664 EFTA01506478