EFTA01506681

02 JPMorgan Chase Bank 2004 345 Park Avenue. New York, NY 10154-1002 Account Numbe FINANCIAL TRUST COMPANY INC Asset Account Portfolio February 01, 2004 - February 29, 2004 JPMorgan Private Bank Page 17 of 58 Foreign Exchange Contracts continued Settlement Trede Oste Ons Curreney ATOUM Counter Cutrene Counter ATOM( Connet Rate Gurren, Adarket Forward REIM Market Yak* Reeerraines USD Market Value Pesten USO Utaeelftel SUutvLoss USO NORWEGIAN KRONE - U S DOLLAR Dec. 11 03 Mar. 15 04 NOK 67,525,000.00 Jan. 604 Mar. 15 04 NOK - 67,525,000.00 USD USD -10,000,000.00 10.028.961 83 6.7525 6.733 7.041800 7.041800 9,589,167.65 10.028.961 83 10,000,000.00 9.589.167 65 - 410,832.35 439,794. 18 Total Closed 0.00 28,961.83 19,618,129.48 19,589,167.65 28,961.83 N ZEALAND DOLLAR - U S DOLLAR Jan. 204 Mar. 15 04 NZD 10,000,000 00 USD - 6,544.000.00 0.6544 0.684225 6,842,247.67 6,544,000 00 298,247.67 Jan. 204 Mar. 15 04 NZD 10,000,000.00 USD - 6,534,000.00 0.6534 0.684225 6,842,247.67 6,534,000.00 308,247.67 Jan. 504 Mar. 15 04 NZD - 10,000,000.00 USD 6,637,000.00 0.6637 0.684225 6,637,000.00 6,842,247.67 - 205,247.67 Jan. 704 Mar. 15 04 NZD - 10,000,000.00 USD 6,669,000.00 0.6669 0.684225 6,669,000.00 6,842,247.67 - 173,247.67 Jan. 904 Mar. 15 04 NZD 5,000,000.00 USD - 3,391,500.00 0.6783 0.684225 3,421,123.83 3,391,500.00 29,623.83 Feb. 20 04 Aug. 24 04 NZD 5,000,000.00 USD - 3,315,000.00 0.663 0.670699 3,353,493.57 3,315,000.00 38,493.57 Feb. 23 04 Aug. 24 04 NZD 5,000,000.00 USD • 3,344,500.00 0.6689 0.670699 3,353,493.57 3,344,500.00 8,993.57 Total Open 15,000,000.00 - 9,823,000.00 37,118,606.31 36,813,495.34 305,110.97 Total Forelgn Exchange Contracts 287,152,424.45 285,675,602.80 1,476,821.65 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031670 SDNY_GM_00300868 EFTA01506681