EFTA01505688

06 12003 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 13 of 51 FINANCIAL TRUST COMPANY INC June 01, 2003 - June 30, 2003 Descripoon Counter Coaxer Premium Premium Premiss Current Marker Unrealized Custp Amount Currency Amount Currency Local USD Value USD Gainless DSO Foreign Exchange continued EUR PUT USD CALL EUR - 15,000,000 USD - 17,175,000.00 USD - 386,438.00 - 386,438.00 - 368,841.60 17,596.40 FX EUROPEAN STYLE OPTION DEC 15, 2003 41 1.145 XEURPA-JS-Z AUD PUT USD CALL AUD - 20,000,000 USD - 13,400,000.00 USD - 246,426.00 - 246,426.00 73,589.40 172,836.60 FX EUROPEAN STYLE OPTION MAR 25, 2004 .67 KNOCK OUT @ .63 XAUDPA-BO-Z P EUR PUT USD CALL EUR - 11,739,130.43 USD - 13,499,999.99 USD - 222,750.00 - 222,750.00 0.00 222,750.00 FX EUROPEAN STYLE OPTION MAR 31, 2004 @ 1.15 KNOCK OUT@ 1.175 XEURPA-JV-Z Total Foreign Exchange - 2,297,686.00 - 3,190,771.77 - 893,085.92 aw-oawe.wea options me waled using merigaf pion Or PO °woe/business to, stalonvot date Over.Tno-Co:mtor (0 TC) options an> valued at Maw)* . unless otnonn.ao agreed Soo Important Information about Thick:sand Valuations. Important Information about Pricing and VatuariOnt Pmea some of nIwn we pouted by rang atnnces or other =WON nhch -e deem reAade are not avatar:cod la accuracy or as testable mites Vatiatons of over.thecounter denvative fransetbons. indodng cedar, denvabves.ekokyl depos4 products. have been:nosed on a md-markel Costs Those valve:Ions are at tafrve values as of ate close of busmen of to date of Ma statement and. e'cept as Oblernvie areal in wrdirsg, thegle vaiwatnas d0 not represent the actual Moms Si wean fraosaosons 0' seounbaa could be bought a sod a has, frani•Obter$ could be entered Alla or tne actual hems On slit/I enSbn0 NVISSChOnS stead., tout/ to loudaaeri as or The dale of This statement We do not morel thew mmptaleness p aca✓acy TAN. v•ANSIOILS We delnied leom worsen models based upon wailracoon:2<d frnenGatannOple3 and ne Pave. when neossaa:y to CaKvlate to preset value o future cash flana. made re)(00nable eatwmtes about relevant future :mist condazas VA:Kona bated On other madaS a deferent assumptons may paddifferent reaciia Magan &tonna& dadarna any nasp0n:bitty fa MM. aca✓acy Of MO models a datenlibaS used n flatrovna the vaNatx:04) (7) any amts a 007431, m COIVOfing a 04.910WAV tea vAnalOna and (3) any uses 10 weed the vaksabOna are put VanilbOnS Ye provded la rriternaf<4 porp0444 Only and Ye iMerale0 *poly la )O✓ (*so WO Mate refer to the trade COnforMS&Y, fa doled♦ ONO tranaactrOn Confidential Treatment Requested by JPMorgan JPM-SDNY-00030670 Chase CONFIDENTIAL SDNY_GM_00299868 EFTA01505688