EFTA01504934

05 12002 Account Number FINANCIAL TRUST COMPANY INC Portfolio Summary EaCea kr the Depose Account (I eleckNI) and the cosh in your Asset /fro-.int which are wiScsed deposttS vorrIJP4CB none OMB inbildbnenIS relayed kr terfnu stefornen, a pa Asset Actaiat widuitng mutual fund., WO FDIC .n3vreil a ben* dipoatis obtObms as 9thwaNeed by JPVCa a any Of 44 bank a mar affkares (unless °Minn's, in:hailed) Sod) seavoLes end a itieSsIm9O1.9 ert saw< f 10 reestment risks. fractucing paned. bss a Me poCipal amtkoll oveaid See Impretent infonnotion about our JA4SI &awn* Account" el the end OntisS Asset Account PolkAo JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 Asset Account Portfolio May 01, 2002 - May 31, 2002 JPMorgan Private Bank Page 4 of 28 Overview Cash & Short Term Equities Options Total Foreign Exchange Accrued Income Total Portfolio Value Marker Yak* USD May3l Tax Cost USD Estignared Amore WOOF* USD Word % 20,119,520.00 20,119,520.00 361,821.48 1.8 24,482,386.80 0.0 1.311.459.28 110405 00 N/A N/A 45,913,386.08 20,229,925.00 361,821.48 0.8 12.40 10,393.88 45,923,772.36 Asset Allocation 45% Cash and Short Term 55% Equities Market value of Options is not included in pie chart. Net Gain/Loss Summary Net Short Term Gain/Loss Total Reekzed This Pekes:USD Reabied rear to Ciale USD* 745,025.00 745,025.00 745,025.00 745,025.00 'Year to date information is calculated on a calendar year basis. Unitinid USD 1,201,054.51 1,201,054.51 Exchange Rates Spot Rates as of May 31. 2002 GUMMY Exchange Rye AUD 0.5661 CHF 1.5668 EUR 0.9343 GBP 1.4632 NOK 8.0123 SEK 9.7389 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00029901 SDNY_GM_00299099 EFTA01504934