05 IWO,' JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Account Number: Asset Account Portfolio FINANCIAL TRUST COMPANY INC May 01, 2004 - May 31, 2004 JPMorgan Private Bank Page 10 of 78 Swaps in Alphabetical Order continued Description Estimated Dade Date Maturity Date Value USD CROSS CURRENCY SWAP 10MM AUD NOTIONAL 7.41MM USD NOTIONAL 3/W2014 REC: FIXED RATE 5.84% AUD SEMI-ANNUAL PAY: FLOATING RATE USD 3 MONTH LIBOR QUARTERLY SWPBDA-HB-1 N/O Client - 501,007 91 Structured Investments in Alphabetical Order DescrIp0on Market Mu* USD Unrealized Estimated Annual Currency Quantity Um Cost PrIcentivil Tax Cost Accrued Income USD Saint oss USD Income USO Ytald % P 3 MONTH NZD BULLISH FX DEPOSIT NZD 0 98.104 0.00 N/A N/A 100% PRINCIPAL PROTECTED IN NZD JPMORGAN CHASE LONDON MATURITY DATE 8/10/2004 630999-9Z-5 Bearer Total Other - 3,757,741.98 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032139 SDNY_GM_00301337 EFTA01507141