EFTA01505089

07 12002 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number Asset Account Portfolio Page 25 of 52 FINANCIAL TRUST COMPANY INC July 01, 2002 - July 31, 2002 Pound Sterling Activity by Date continued Statement Realized Amount Amount USD Date TYR< Quantity Deacelptron thiliVLOSS USD Jul 15 Spot FX - 10,000,000 SPOT CURRENCY TRANSACTION - BUY 6,375,000.00 9,857,662.62 BUY GBP SELL EUR SPOT RATE : 0.646705030 TRADE 7/10/02 VALUE 7/15/02 POUND STERLING EURO PRINCIPAL CURRENCY Jul 15 Spot FX - 88,122 SPOT CURRENCY TRANSACTION - BUY 57,000.00 88,122.00 BUY GBP SELL USD SPOT RATE : 1.546000000 TRADE 7/10/02 VALUE 7/15/02 POUND STERLING U S DOLLAR Jul 15 Fwd FX Ctrct - 15,301,310 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 15,653,500.13 BUY GBP SELL USD CONTRACT RATE : 1.530131000 TRADE 6/26/02 VALUE 7/15/02 Jul 19 Fwd FX Ctrct - 7,480,000 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 7,849,000.05 BUY GBP SELL USD CONTRACT RATE : 1.496000000 TRADE 6/20/02 VALUE 7/18/02 Jul 19 Fwd FX Ctrct - 7.740,000 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 7,887,500.01 BUY GBP SELL USD CONTRACT RATE : 1.548000000 TRADE 7/12102 VALUE 7/19/02 Jul 19 Spot FX 15,640,000 SPOT CURRENCY TRANSACTION - SALE - 10,000,000.00 - 15,640,000.00 BUY USD SELL GBP SPOT RATE : 1.564000000 TRADE 7/18/02 VALUE 7/18/02 U S DOLLAR POUND STERLING AS OF 07/18/02 Confidential Treatment Requested by JPMorgan JPM-SDNY-00030066 Chase CONFIDENTIAL SDNY_GM_00299264 EFTA01505089