10 JPMorgan Chase Bank 2004 345 Park Avenue. New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC II3 JPMorgan Private Bank Asset Account Portfolio Page 48 of 74 October 01, 2004 - October 31, 2004 S African Rand Activity by Date Settlement Date type continued Quantity Description Realized Amount Gain/Loss USD Amount USD Oct 18 Expired Opt 67,000,000 ZAR PUT USD CALL FX EUROPEAN STYLE OPTION APR 12. 2005 @ 6.7 KNOCK INC6.85 KNOCK OUT O 6.39 EXPIRATION OF WRITTEN FX OPTION OPTION KNOCKED OUT Oct 20 Fwd FX Ctrct - 2,000,000 SETTLE FORWARD CURRENCY CONTRACT 12,924,600.00 2,047,704.67 BUY ZAR SELL USD CONTRACT RATE : 6.462300000 TRADE 9/29/04 VALUE 10/20/04 Oct 20 Spot FX 2,032,169.81 SPOT CURRENCY TRANSACTION -SALE - 12,924,600.00 - 2,032,169.81 BUY USD SELL ZAR SPOT RATE : 6.360000000 TRADE 10/18/04 VALUE 10/20/04 U S DOLLAR S AFRICAN RAND Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032885 SDNY_GM_00302083 EFTA01507802