12 Account Number:0 30171.00.5 FINANCIAL TRUST COMPANY INC December 01, 2004 - December 31, 2004 JPMorgan Chase Bank, N.A. 2004 345 Park Avenue. New York, NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 29 of 43 Pound Sterling Activity by Date Settlement One TYR< continued Quantity Description Realized Amount thiliVLOSS USD Amount USD Dec 10 Fwd FX Ctrct 1,961,600,000 SETTLE FORWARD CURRENCY CONTRACT - 10,000,000.00 - 19,135,990.87 BUY JPY SELL GBP CONTRACT RATE : 196.160000000 TRADE 11/10/04 VALUE 12/10/04 Dec 10 Fwd FX Ctrct - 18,914,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 19,135,990.87 BUY GBP SELL USD CONTRACT RATE : 1.891400000 TRADE 11/29/04 VALUE 12/10/04 Dec 10 Fwd FX Ctrct 9,704,000 SETTLE FORWARD CURRENCY CONTRACT - 5,000,000.00 - 9,567,995.43 BUY USD SELL GBP CONTRACT RATE : 1.940800000 TRADE 12/03/04 VALUE 12/10/04 Dec 10 Fwd FX Ctrct 9,682,000 SETTLE FORWARD CURRENCY CONTRACT - 5,000,000.00 - 9,567,995.43 BUY USD SELL GBP CONTRACT RATE : 1.936400000 TRADE 12/03/04 VALUE 12/10/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00033088 SDNY_GM_00302286 EFTA01507972