08 JPMorgan Chase Bank 2004 345 Park Avenue. New York. NY 10154-1002 Account Numbe FINANCIAL TRUST COMPANY INC Asset Account Portfolio August 01, 2004 - August 31, 2004 Outstanding Foreign Exchange Contracts dl JPMorgan Private Bank Page 14 ot 48 Net Currency Exposure Swiss Franc Euro Currency Summary Vaan in Currancy GainfLoss Summary Total Unrealized Closed Total Unrealized Open Saloon, USO - 39,500.00 1,026,168.09 22,953,000.00 - 15,000,000.00 Pound Sterling 5,000,000.00 Total Unrealized GainlLoss 986,668.09 Hungarian Forint 887,940,000.00 Japanese Yen - 1,567,500,000.00 U S Dollar 2,335,155.82 Foreign Exchange Contracts Sen lemen t Trad* bate Date Cutroncy AMOUPt Counter Currency Counter Amon: Contract Rato Contra Alant« forward Rite ltdcal Valro Raam!~ USD Markt< Vaat♦ AVSNOS USD Unroalual Damton USD SPECULATIVE AUSTRALIA DOLLAR - U S DOLLAR Jul. 704 Sep. 9 04 AUD - 10,000,000.00 USD 7,166,000.00 0.7166 0.705445 7,166,000.00 7,054,448.74 111,551.26 Jul. 804 Sep. 904 AUD 10,000,000.00 USD - 7,180,000.00 0.718 0.705445 7,054,448.74 7,180,000.00 - 125,551.26 Total Closed 0.00 - 14,000.00 14,220,448.74 14,234,448.74 - 14,000.00 Jul. 12 04 Sep. 14 04 AUD - 13,000,000.00 USD 9,361,300.00 0.7201 0.705053 9,361,300.00 9,165,691.79 195,608.21 Apr. 16 04 Oct. 20 04 AUD 10,000,000.00 USD - 7,289,000.00 0.7289 0.702503 7,025,032.35 7,289,000.00 - 263,967.65 Apr. 23 04 Oct. 20 04 AUD 3,000,000.00 USD - 2,148,600.00 0.7162 0.702503 2,107,509.70 2,148,600.00 - 41,090.30 Total Open 0.00 - 76,300.00 18,493,842.05 18,603,291.79 - 109,449.74 Total 0.00 - 90,300.00 32,714,290.79 32,837,740.53 - 123,449.74 SWISS FRANC - EURO CURRENCY Aug. 16 04 Sep. 14 04 CHF 22,953,000.00 EUR - 15,000,000 00 1.5302 1.539992 18,110,285.25 18.226.170 04 - 115,884 79 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032495 SDNY_GM_00301693 EFTA01507450