07 12005 Account Number FINANCIAL TRUST COMPANY INC July 01, 2005 - July 31, 2005 JPMorgan Chase Bank, N.A. 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 10 of 18 Account Transactions by Currency Japanese Yen Activity Summary Amount this Petted Amount to Date Beginning Balance - 3,899,139.00 Credits Foreign Exchange 23,899.139 00 2.030,515,064.00 Debits Miscellaneous Disbursements - 20.000,000 00 - 27,715,064.00 Foreign Exchange - 2,002,800,000.0 Ending Balance 00 Japanese Yen Activity by Date Settlement Date rya Cluentrty Demerlpden Realized Amount GamlLoss USD Amount USD Jul 1 Spot FX - 35,178.09 SPOT CURRENCY TRANSACTION - BUY 3,899,139.00 35,178.09 BUY JPY SELL USD SPOT RATE : 110.840000000 TRADE 6/30/05 VALUE 7/01/05 JAPANESE YEN U S DOLLAR Jul 14 Misc. Disbursement PARTIAL IR SWAP UNWIND - 20,000,000 00 - 180,302 01 CUSIP SWPBDAJL7 JAPANESE YEN Jul 14 Spot FX - 180,407.72 SPOT CURRENCY TRANSACTION - BUY 20000000 00 180,407 72 BUY JPY SELL USD SPOT RATE : 110.860000000 TRADE 7/12/05 VALUE 7/14/05 JAPANESE YEN U S DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00033382 SDNY_GM_00302580 EFTA01508194