07 12005 Account Number: Q 30171-00-5 FINANCIAL TRUST COMPANY INC Please note that your banking statement reflects the fee charged by Chase when using your JPMorgan Private Bank banking card to make foreign currency point-of-sale purchase transactions and ATM withdrawals. The 3.5% fee remains unchanged and is added to the dollar amount provided to us by MasterCard after it applies its foreign exchange rate to your initial purchase amount. For your information, effective April 2, the exchange rate applied by MasterCard to Card transactions that occurred initially in a different currency, is: 0) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives, or (U) the government-mandated rate in effect for the applicable central processing date. The rate in effect on the applicable processing date may differ from the rate on the date you used your Card. JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio July 01, 2005 - July 31, 2005 Asset Account Portfolio July I -July 31, 2005 JPMorgan Private Bank Page 3 of 18 Table of Contents Page Portfolio Summary 4 Cash and Short Term 5 Equities 6 Equity Research Ratings 7 Other 8 Trade Activity 9 Account Transactions 10 Account Officers HORNAKNILLACISANEBB Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00033375 SDNY_GM_00302573 EFTA01508187