08 JP51organ Chase Bank 2004 345 Park Avenue, New York. NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC Asset Account Portfolio August 01, 2004 - August 31, 2004 JPMorgan Private Bank Page 16 of 48 Foreign Exchange Contracts continued Settlement Trade Ciant Om Currency Amount Counter Cunene Counter Amount Contract Rate Current Market FOIWIltd Rem Markel Value Receivables USD Market Value P:yables VSO Unrealized CUMVLoss VSO Apr. 16 04 Oct. 20 04 JPY 1,076,700,000.00 USD - 10,000,000.00 107.67 109.480209 9,834,654.24 10,000,000.00 - 165,345.76 May. 25 04 Oct 20 04 JPY - 558,650,000.00 USD 5,000,000.00 111.73 109.480209 5,000,000.00 5.102,748.76 - 102.748.76 Total Open - 554,200,000.00 4,797,647.71 24,632,301.95 24,879,828.77 - 247,526.82 N ZEALAND DOLLAR - U S DOLLAR Jul. 7 04 Sep. 9 04 NZD - 10,000,000.00 USD 6,483,000.00 0.6483 0.655352 6,483,000.00 6,553,518 93 - 70,518.93 Aug. 1004 Sep. 904 NZD 10,000,000.00 USD - 6,514,000.00 0.6514 0.655352 6,553,518.93 6,514,000 00 39.518 93 Mar 11 04 Mar 15 05 NZD 5,000,000.00 USD - 3,102,500.00 0.6205 0.640617 3,203,082 56 3,102,500 00 100,582.56 Mar. 23 04 Mar. 15 05 NZD - 5,000,000.00 USD 3,170,500.00 0.6341 0.640617 3,170,500.00 3,203,082.56 - 32,582.56 Total Closed 0.00 37,000.00 19,410,101.49 19,373,101.49 37,000.00 Jul. 12 04 Sep. 14 04 NZD - 20,000,000.00 USD 13,096,000.00 0.6548 0.654909 13,096,000.00 13,098,171.16 - 2,171.16 Aug. 404 Sep. 14 04 NZD - 10,000,000.00 USD 6,389,000.00 0.6389 0.654909 6,389,000.00 6,549,085.58 - 160,085.58 Aug. 604 Sep. 14 04 NZD 5,000,000.00 USD - 3,252,000.00 0.6504 0.654909 3,274,542.79 3,252,000.00 22,542.79 Aug. 10 04 Sep. 14 04 NZD 5,000,000.00 USD - 3,269,000.00 0.6538 0.654909 3,274,542.79 3,269,000.00 5,542.79 Apr. 16 04 Oct. 20 04 NZD 10,000,000.00 USD - 6,276,000.00 0.6276 0.651913 6,519,132.19 6,276,000.00 243,132.19 May. 27 04 Oct. 20 04 NZD 5,000,000.00 USD - 3,127,000.00 0.6254 0.651913 3,259,566.09 3,127,000.00 132,566.09 May. 27 04 Oct. 20 04 NZD 5,000,000.00 USD - 3,127,000.00 0.6254 0.651913 3,259,566.09 3,127,000.00 132,566.09 Total Open 0.00 434,000.00 39,072,349.95 38,698,256.74 374,093.21 Total 0.00 471,000.00 58,482,451.44 58,071,358.23 411,093.21 Total Foreign Exchange Contracts 258,239,818.73 257,253,150.64 986,668.09 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032497 SDNY_GM_00301695 EFTA01507452