11 12004 Account Number: FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio November 01, 2004 - November 30, 2004 Outstanding Foreign Exchange Contracts Net Currency Exposure Summary Euro Currency Pound Sterling Mexican New Peso Norwegian Krone N Zealand Dollar U S Dollar Value In Currency 10,000,000.00 10,000,000.00 58,888,000.00 - 82,065,000.00 10,000,000.00 - 30,129,367.04 JPMorgan Private Bank Page 15 of 35 Gain/Loss Summary Value m USD Total Unrealized Closed 255,644.91 Total Unrealized Open 711,541.47 Total Unrealized Gain/Loss 967,186.38 Foreign Exchange Contracts macro Date Senlernent Date Currency Amount Counter Currency Counter Amount Contract Raft Contra Market Forward Rate Market Value Receivables USD Market Vahnt Payables USD Linn:oozed ciantoss USD SPECULATIVE USD USD 7,421,000.00 - 7,214,000.00 0.7421 0.7214 0.775255 0.76799 7,421,000.00 7,679,902.70 7,752,549.33 7,214,000.00 - 331,549.33 465,902.70 AUSTRALIA DOLLAR - U S DOLLAR Oct 27 04 Dec. 9 04 AUD - 10,000,000.00 Oct.8 04 Apr 12 05 AUD 10,000,000.00 Total Open 0.00 207,000.00 15,100,902.70 14,966,549.33 134,353.37 EURO CURRENCY - NORWEGIAN KRONE Nov. 8 04 Dec. 10 04 EUR 5,000,000.00 NOK - 41,170,000.00 8.234 8.134172 6,645,484.12 6,727,041 72 - 81,557.60 Nov. 8 04 Dec. 10 04 EUR 5,000,000.00 NOK - 40,895,000.00 8.179 8.134172 6,645,484 12 6,682,107 63 - 36,623 51 Total Open 10,000,000.00 - 82,065,000.00 13,290,968.24 13,409,149.35 - 118,181.11 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032926 SDNY_GM_00302124 EFTA01507841