0 1 12005 Account Number FINANCIAL TRUST COMPANY INC January 01, 2005- January 31, 2005 JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 19 of 29 Account Transactions by Currency Pound Sterling Activity Summary Amount Inn Amount Period ro Date Beginning Balance .14 Credits Foreign Exchange 10,000,000.00 10,000,000.00 Debits Foreign Exchange - 10,000,000.00 Ending Balance .14 Foreign Exchange Gains/Losses -.01 - 10,000,000.00 Pound Sterling Activity by Date Sentiment Oars typo Quantity Description Realized GairvLoss USD Jan 11 Fwd FX Ctrct -1,995,900,000 SETTLE FORWARD CURRENCY CONTRACT BUY GBP SELL JPY CONTRACT RATE : 199.590000000 TRADE 12/06/04 VALUE 1/11/05 Jan 11 Fwd FX Ctrct 2,002,800,000 SETTLE FORWARD CURRENCY CONTRACT - 0.01 BUY JPY SELL GBP CONTRACT RATE : 200.280000000 TRADE 12/09/04 VALUE 1111105 Amount Amount USD 10,000,000.00 18,769,508.55 - 10,000,000.00 - 18,769,508.55 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00033121 SDNY_GM_00302319 EFTA01507995