0 1 2004 Account Number: FINANCIAL TRUST COMPANY INC Portfolio Summary EaCea b' the °appal Account (I eleckd) end the cash in your Asset Aronant which ere gimped deecatts vote 'JAWS none ottnia tmaaanents relayed to rn rNa stetemsel of pa Asset Attain/ widualtng mutual fund., We FDIC matted a ben* depostla obtObms as gua'aoseed by JPVCS a any aW too a ova attAstos (unless OThervo,90 in:hailed) Sod) Sea fl *, end a 0(0071901s ert 3u4pCf 10 investment risks. inctudng poss.'s b.., a the pooped amount ovesSed See 'Impatient Intemation about )our JFUSI &okng. ACCOunr al the Ord alba Asset Medan' PolkAo JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio January 01, 2004 - January 31, 2004 JPMorgan Private Bank Page 4 of 53 Overview Cash & Short Term Equities Other Options Total Foreign Exchange Accrued Income Total Portfolio Value Market Moe USD an 31 Markel Value USD Dee 31 Tax Cost USD Estimated Annus, Income USD Yield % 52,317,701.11 27,555,114.03 52,317,701 11 493,355 92 0.9 12,241,193.40 13,505,316.64 0.0 32,901,094.59 47,477,809.70 32,079,400.02 0.0 - 9,263.709 41 4,382,195.11 - 5,925,087.60 N/A N/A 88,196,279.69 92,920,435.48 78,472,013.53 493,355.92 0.6 421,685 06 1,615 219 80 25,981 76 16,460 75 88,643,948.51 94,552,116.03 Asset Allocation II 53% Cash and Short Term IM 13% Equities 34% Other Market value of Options is not included in pe chart. Income Summary Dividends Total This Period USD 16,460 75 16,460.75 Year to Dare LW* 16,460 75 16,460.75 Net Gain/Loss Summary Net Shod Term Gain/Loss Net Long Term Gain/Loss Realized This Penod USD 3,680,730.93 Realized Year TO Deft USD• 3,680,730.93 Untostaeci USD - 1,132,540.74 - 284 686.06 Total 3,680,730.93 3,680,730.93 - 1,417,226.80 'Year to date information is calculated on a calendar year basis. Exchange Rates Spot Rates as of January 31. 2004 Cunency AUD CHF EUR Exchange Rate 0.7611 1.2604 1.2423 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031546 SDNY_GM_00300744 EFTA01506558