11 12003
JPMorgan Chase Bank
345 Park Avenue, New York, NY 10154-1002
JPMorgan Private Bank
Account Number: Asset Account Portfolio Page 34 of 61
FINANCIAL TRUST COMPANY INC November 01. 2003 - November 30, 2003
Account Transactions by Currency
Norwegian Krone Activity Summary
Amount INS Argent
Pen0d to Gus
Beginning Balance .00
Credits
Taxable Interest 1,915,704.00
Sales, Maturities, Redemptions 73,684,298.00
Miscellaneous Receipts 4.16
Foreign Exchange 334.180,000 00 2,299,895,135.84
Debits
Foreign Exchange -334,180.000.00 - 2,378,875,844.0
Ending Balance .00
Foreign Exchange Gains/Losses .01
Norwegian Krone Activity by Date
Settlement RealiZed AMOY" Amount USD
Date TYPe Quantity DeialptIOn GaintOSS USD
Nov 18 Expired Opt 35,750,000 NOK PUT USD CALL
FX EUROPEAN STYLE OPTION
JUN 29, 2004 O 7.15
KNOCK IN TRIGGERED O 7.20
KNOCK OUT 6.88
EXPIRATION OF WRITTEN FX OPTION
OPTION KNOCKED OUT
Confidential Treatment Requested by JPMorgan JPM-SDNY-00031195
Chase
CONFIDENTIAL SDNY_GM_00300393
EFTA01506209