0 1 INN Account Number: FINANCIAL TRUST COMPANY INC January 01, 2004 - January 31, 2004 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 34 of 53 Account Transactions by Currency S African Rand Activity Summary Amount an Pedal Ammon to Otte Beginning Balance .00 Credits Foreign Exchange 65,385,000.00 65.385.000 00 Debits Foreign Exchange -65.385,000.00 - 65.385,000 00 Ending Balance .00 S African Rand Activity by Date Statement Date Type Onentay Oaten peon Rtand Arnett, Oltineten USD Amount &SD Jan 20 Fwd FX Ctrct - 5,000,000 SETTLE FORWARD CURRENCY CONTRACT 33,190,000.00 4,637,093 95 BUY ZAR SELL USD CONTRACT RATE : 8.838000000 TRADE 12/18/03 VALUE 1/20/04 Jan 20 Fwd FX Ctrct 5,275,790.81 SETTLE FORWARD CURRENCY CONTRACT - 33,190,000.00 - 4.637.093 95 BUY USD SELL ZAR CONTRACT RATE: 8.291000000 TRADE 1/08/04 VALUE 1/20/04 Jan 20 Fwd FX Cdd - 5,000,000 SETTLE FORWARD CURRENCY CONTRACT 32,195,000 00 4.498,078 93 BUY ZAR SELL USD CONTRACT RATE: 8.439000000 TRADE 12)18/03 VALUE 1/20/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031523 SDNY_GM_00300721 EFTA01506535