0 1 INN JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Account Number: Asset Account Portfolio FINANCIAL TRUST COMPANY, INC. January 01, 2004 - January 31, 2004 JPMorgan Private Bank Page 9 of 16 Activity by Date Settlement Date type continued Quantity Description Amount USD Jan 13 Misc. Disbursement Jan 14 Purchase Jan 14 Misc. Disbursement Jan 20 Sale Jan 20 Misc. Disbursement Jan 23 Sale Jan 23 Misc. Disbursement Jan 27 Sale TRANSFERRED BY WIRE TO MERRILL LYNCH P F & S FAO FINANCIAL TRUST COMPANY, INC. REDEMPTION FROM THE JP MORGAN FUNDS 23,604,891.38 JP MORGAN INSTITUTIONAL PRIME MONEY INSTITUTIONAL CLASS SWEEP FUND (829) (SWEEP DEADLINE IS 4:30 PM EST) FUNDS TRANSFERRED FROM SRKRG ACM (PRN)TO DDA ACM REDEMPTION FROM THE JP MORGAN FUNDS - 28,000 JP MORGAN INSTITUTIONAL PRIME MONEY INSTITUTIONAL CLASS SWEEP FUND (829) (SWEEP DEADLINE IS 4:30 PM EST) TRANSFERRED BY WIRE TO FIRSTBANK PUERTO RICO FAO FINANCIAL TRUST COMPANY, INC. LETTER FROM CLIENT - 15,000,000 JP MORGAN INSTITUTIONAL PRIME MONEY INSTITUTIONAL CLASS SWEEP FUND (829) (SWEEP DEADLINE IS 4:30 PM EST) TRANSFERRED BY WIRE TO BEAR STEARNS FAO BEAR STEARNS HIGH-GRADE LETTER FROM CLIENT - 1,000,000 JP MORGAN INSTITUTIONAL PRIME MONEY INSTITUTIONAL CLASS SWEEP FUND (829) (SWEEP DEADLINE IS 4:30 PM EST) - 500,000 00 - 23,604,891.38 - 1,000,000.00 28,000.00 - 28,000.00 15,000,000.00 - 15,000,000.00 1,000,000 00 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00037494 SDNY_GM_00306692 EFTA01511664