EFTA01507424

07 12004 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 51 of 65 FINANCIAL TRUST COMPANY INC July 01, 2004 - July 31, 2004 U S Dollar Activity by Date continued Statement Dare Type Ouannty Description Amount USD Jul 12 FX Option Assignment 10000,000 AUD PUT USD CALL FX EUROPEAN STYLE OPTION JUL 08, 2004 @ .7225 WRITTEN FX OPTION ASSIGNED CALL 1000000000 AUD PUT 7,225,000.00 USD TRADE DATE 07/08/04 Jul 12 FX Opt Asgn'D 10,000,000 SPOT CURRENCY TRANSACTION - 7.225,000 00 SETTLEMENT OF ASSIGNED FX OPTION BUY AUD SELL USD TRADE 7/08/04 VALUE 7/12/04 Jul 13 Write Option - 61,600,000 ZAR PUT USD CALL 125,000.00 FX EUROPEAN STYLE OPTION AUG 11. 2004 @ 6.16 KNOCK IN 6.20 KNOCK OUT O 5.95 WRITTEN FX OPTION PUT 61,600,000.00 ZAR CALL 10.000.000.00 USD TRADE DATE 07/09/04 Jul 13 Purchase 125,000 JP MORGAN INSTITUTIONAL PRIME MONEY - 125,000 00 INSTITUTIONAL CLASS SWEEP FUND (829) (SWEEP DEADLINE IS 4:30 PM EST) Jul 14 Fwd FX Ctrct - 20,000,000 SETTLE FORWARD CURRENCY CONTRACT 12,550,000 00 BUY USD SELL NZD CONTRACT RATE : 0.627500000 TRADE 6/10/04 VALUE 7/14/04 Jul 14 Fwd FX Ctrct - 13,000,000 SETTLE FORWARD CURRENCY CONTRACT 9,003,800.00 BUY USD SELL AUD CONTRACT RATE : 0.692600000 TRADE 6/10/04 VALUE 7/14/04 Confidential Treatment Requested by JPMorgan JPM-SDNY-00032467 Chase CONFIDENTIAL SDNY_GM_00301665 EFTA01507424