O7 I2004 JPMorgan Chase Bank
345 Park Avenue. New York, NY 10154-1002
il3 JPMorgan Private Bank
Account Number: Asset Account Portfolio Page 37 of 65
FINANCIAL TRUST COMPANY INC July 01, 2004 - July 31, 2004
Account Transactions by Currency
Pound Sterling Activity Summary
Amount uses Amount
Period lo oan
Beginning Balance .14
Credits
Sales, Maturities, Redemptions 13,000,000.00
Foreign Exchange 28,000,000 00 175,700,000.00
Debits
Foreign Exchange - 28,000,000.00 -188,699,999.86
Ending Balance .14
Foreign Exchange Gains/Losses - 59,746.57
Pound Sterling Activity by Date
Sorttomint Roalgod Amount Amount USD
On. TYPO Ouontny Description GoirvLoss (SO
Jul 14 Fwd FX Ctrct 14,679,200 SETTLE FORWARD CURRENCY CONTRACT - 32,190.06 - 8,000,000.00 - 14,847,809.94
BUY USD SELL GBP
CONTRACT RATE : 1.834900000
TRADE 6/10/04 VALUE 7/14/04
Jul 14 Fwd FX Ctrct 5,455,800 SETTLE FORWARD CURRENCY CONTRACT - 12,071.27 - 3,000,000.00 - 5,567,928.73
BUY USD SELL GBP
CONTRACT RATE : 1.818600000
TRADE 6/25/04 VALUE 7/14/04
Jul 14 Fwd FX Ctrct 3,658,200 SETTLE FORWARD CURRENCY CONTRACT - 8,047.52 - 2,000,000.00 - 3,711,952.48
BUY USD SELL GBP
CONTRACT RATE : 1.829100000
TRADE 7/02/04 VALUE 7/14/04
Confidential Treatment Requested by JPMorgan JPM-SDNY-00032388
Chase
CONFIDENTIAL SDNY_GM_00301586
EFTA01507355