EFTA01507543

09 2004 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Account Number: Asset Account Portfolio Page 16 of 62 FINANCIAL TRUST COMPANY INC September 01, 2004 - September 30, 2004 Outstanding Foreign Exchange Contracts Net Currency Exposure Summary Gain/Loss Summary Value in Currency Value in USD Australia Dollar 17,500,000.00 Total Unrealized Closed 934,207.04 Swiss Franc 2,675,790.76 Total Unrealized Open • 143,469.83 Euro Currency 5,000,000.00 Total Unrealized Gain/Loss 790,737.21 Pound Sterling 10,000,000.00 Japanese Yen - 2,534,800,000.00 Mexican New Peso 57,307,500.00 N Zealand Dollar 17,500,000.00 U S Dollar - 34,010,744.75 S African Rand 12,924,600.00 Foreign Exchange Contracts Senleneent Counter Counter Current Merkel Merkel Yee* Manle, Value Unreekzed Trecle Date Data C,arency Amount Comex Amami Connect Rate Forward Rate Recallable, USD Pe des USD Geinttose USO SPECULATIVE AUSTRALIA DOLLAR - U S DOLLAR Apr. 16 04 Oct 20 04 AUD 10,000,000.00 USD - 7,289,000.00 0.7289 0.722903 7,229,031.98 7,289,000.00 - 59,968.02 Apr. 23 04 Oct. 20 04 AUD 3,000,000.00 USD - 2,148,600.00 0.7162 0.722903 2,168,709.59 2,148,600.00 20,109.59 Sep. 10 04 Oct. 20 04 AUD - 13,000,000.00 USD 8,947,900.00 0.6883 0.722903 8,947,900.00 9,397,741.57 - 449,841.57 Sep. 30 04 Oct 20 04 AUD 17,500,000 00 USD - 12,622,750.00 0,7213 0,722903 12,659805.96 1Z622.750 00 28.055 96 Total Open 17,500,000.00 - 13,112,450.00 30,996.447.53 31,458,091.57 - 461,644.04 SWISS FRANC - EURO CURRENCY Sep. 10 04 Oct 20 04 CHF 7,687,000 00 EUR - 5,000.000 00 1.5374 1.54953 6,160,442.85 6,209,049.83 - 48,606.98 Confidential Treatment Requested by JPMorgan JPM-SDNY-00032593 Chase CONFIDENTIAL SDNY_GM_00301791 EFTA01507543