0 1 12004 Account Number: FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue. New York. NY 10154-1002 Asset Account Portfolio January 01, 2004 - January 31, 2004 Account Transactions by Currency Pound Sterling Activity Summary Amount this Period Amount to Date Beginning Balance .00 Credits Foreign Exchange 5,000,000 00 5,000,000.00 Debits Foreign Exchange - 5,000,000 00 - 5,000,000 00 Ending Balance .00 JPMorgan Private Bank Page 33 of 53 Pound Sterling Activity by Date Statement Date Type Own( ity Description Realized Amount Gaintoss USD Amount USD Jan 20 Fwd FX Ctrct - 8,475,000 SETTLE FORWARD CURRENCY CONTRACT 5,000,000 00 9,085,953 11 BUY GBP SELL USD CONTRACT RATE : 1.695000000 TRADE 11/18/03 VALUE 1/20/04 Jan 20 Fwd FX Ctrct 9,120,500 SETTLE FORWARD CURRENCY CONTRACT - 5,000,000.00 - 9,085,953 11 BUY USD SELL GBP CONTRACT RATE : 1.824100000 TRADE 1/06104 VALUE 140/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031575 SDNY_GM_00300773 EFTA01506587