EFTA01507331

07 12004 Account Number: FINANCIAL TRUST COMPANY INC July 01, 2004 • July 31, 2004 JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 7 of 65 Equities Independent, third party research selected by an Independent Consultant for certain companies covered by JPMorgan Securities, Inc. is available to clients of JPMSI at no cost. Clients can access this research at www.privateclientjpmorgan.com or can call their JPMorgan representative at their toll free number to request that a copy of this research be sent to them. When JPMorgan drops coverage of a company, independent research will continue to be provided for an 18-month period, when available. Refer to Equity Research Ratings section for research ratings on client holdings, if applicable. Note: C inicates Equity covered by JPMSI. Equity Holdings in Alphabetical Order Descopoon Currency/ CustpSymbel Account Type Quantity Current Market Estimated Unit Current Mather Tax Cost Value USD Untealaed Annual Dividend Cost Price USD Accrued Dividends USD Gaintoss USD Income USD Yield % C TOO INC USD 765,678 14.98 890333-10-7 TOO 765,678 are liene4 Total Equity 765,678 11,469.856 44 N/A N/A 11,469,856.44 0.00 0.0 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032358 SDNY_GM_00301556 EFTA01507331