EFTA01505649

05 I2003 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Nutuber: Asset Account Portfolio Page 15 of 41 FINANCIAL TRUST COMPANY INC May 01, 2003 - May 31, 2003 Foreign Exchange Contracts conlinued Sen/entern COunler COunler Gurren: Adertet Addeet Watte Mime Value Unreellzerr Treve 011e Olaf Cuireen Amour Cunten Aniouta eimimeRare Forward Rare Recelvablet USD ReVabin USD Giun/LOSS USD May. 5 03 Nov. 3 03 CAD - 14,510,000.00 USD 10,112,202.94 1.4349 1.385705 10,112,202.94 10,471,202.05 - 358,999.11 May. 103 Nov. 503 CAD • 14,510,000.00 USD 10,097,425.19 1.437 1.385863 10,097,425. 19 10,470,013.68 - 372,588.49 May. 5 03 Nov. 5 03 CAD 14,510,000.00 USD - 10,113,612.60 1.4347 1.385863 10,470,013.68 10,113,612.60 356,401.08 Total Closed 0.00 96,015.53 41,150,843.86 41,054,828.33 96,015.53 SWISS FRANC U S DOLLAR Dec 30 02 Jun. 12 03 CHF 13,880,000 00 USD - 10,000,000.00 1.388 1.301988 10,660.620 61 10.000.000 00 660,620.61 Jan. 15 03 Jun. 12 03 CHF - 13,880,000 00 USD 10,050,687 91 1.381 1.301988 10,050,687.91 10.660.620 61 - 609.932 70 Total Closed 0.00 50,687.91 20,711,308.52 20,660,620.61 50,687.91 May. 8 03 Nov. 5 03 CHF 26,050,000.00 USD - 20,000,000.00 1.3025 1.297209 20,081,575.68 20,000,000.00 81,575.68 Dec. 12 02 Dec. 15 03 CHF 7,178,000.00 USD - 5,000,000.00 1.4356 1.296094 5,538,180.44 5,000,000.00 538,180.44 Dec. 13 02 Dec. 15 03 CHF 14,290,000.00 USD - 10,000,000.00 1.429 1.296094 11,025,438.63 10,000,000.00 1,025,438.63 Jan. 15 03 Dec. 15 03 CHF - 13,765,000.00 USD 10,000,000.00 1.3765 1.296094 10,000,000.00 10,620,375.28 - 620,375.28 Apr. 24 03 Dec. 15 03 CHF - 7,770,500.00 USD 5,747,411.24 1.352 1.296094 5,747,411.24 5,995,323.36 • 247.912.12 Total Open 25,982,500.00 - 19,252,588.76 52,392,605.99 51,615,698.64 776,907.35 Total 25,982,500.00 - 19,201,900.85 73,103,914.51 72,276,319.25 827,595.26 EURO CURRENCY - U S DOLLAR Dec. 11 02 Jun. 12 03 EUR 5,000,000.00 USD - 5,030,000.00 1.006 0.850513 5,878,801.46 5,030,000.00 848,801.46 Mar. 12 03 Jun. 12 03 EUR - 5,000,000.00 USD 5,483,500.00 1.0967 0.850513 5,483,500.00 5,878,801.46 - 395,301.46 Dec. 12 02 Dec. 15 03 EUR 5,000,000.00 USD - 5,044,000.00 1.0088 0.854809 5,849,262.31 5,044,000.00 805,262.31 Dec. 12 02 Dec. 15 03 EUR 1,500,000.00 USD - 1,510,500.00 1.007 0.854809 1,754,778.69 1,510,500.00 244,278.69 Mar. 12 03 Dec. 15 03 EUR - 5,000,000.00 USD 5,440,000.00 1.088 0.854809 5,440,000.00 5,849,262.31 - 409.262.31 Mar 12 03 Dec. 15 03 EUR - 1,500.000 00 USD 1.635.750.00 1.0905 0.854809 1.635750.00 1.754.778.69 - 119,028.69 Total Closed 0.00 974,750.00 26,042,092.46 25,067,342.46 974,750.00 Apr. 30 03 Nov. 5 03 EUR 15000,000.00 USD - 16,650,000.00 1.11 0.853966 17,565,104.56 16,650,000.00 915,104.56 Apr. 30 03 Nov. 5 03 EUR 10,000,000.00 USD - 11,111,000.00 1.1111 0.853966 11,710,069.71 11,111,000.00 599,069.71 May. 7 03 Nov. 5 03 EUR 10,000,000.00 USD - 11,320,000.00 1.132 0.853966 11,710,069.71 11,320,000.00 390,069.71 May. 7 03 May. 10 04 EUR 15,000,000.00 USD - 17,002,500.00 1.1335 0.857638 17,489,905.20 17,002,500.00 487,405.20 Total Open 50,000,000.00 - 56,083,500.00 58,475,149.18 56,083,500.00 2,391,649.18 Total 50,000,000.00 - 55,108,750.00 84,517,241.64 81,150,842.46 3,366,399.18 Contidential Treatment Requested by JPMorgan JPM-SDNY-00030631 Chase CONFIDENTIAL SDNY_GM_00299829 EFTA01505649