EFTA01504961

05 12002 Account Numbe FINANCIAL TRUST COMPANY INC Portfolio Summary EaCea la the Depose Account (I eleckNI) and the cosh in your Asset /fro-.int which are wiScsed deposttS *WI JAWS none OMB inbildbnenIS relayed IO terfnu stefornen, a pa Assel Actaiat widuitng mutual fund., WO FDIC .n3vreil a ben* dopostls obtObms as 9thwaNeed by JAUCS a any Of 44 Imo a via aff.Asfes (unless °Minn's, in:hailed) Sod) seavoLes end a ufeestmserls we sutp<I10 reestment risks. fractucing poss.41 b$$ a In poCipal amtkoll oveaid See Impretent infonnotion about our JP 4SI Brawn* Account" el thst end alba Asset Accourrl PolkAo JP51organ 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 Mantel Mu. USD May St Tax Cost 030 EStImited Moue WOO* USD Yield % 20,119,520.00 20,119,520.00 361,821.48 1.8 24,482,386.80 0.0 1.311.459.28 110,405.00 N/A N/A 45,913,366.08 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 Gam/Loss Total Reekzed This Porky:USD Reabied rear to One 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 CufrenCY 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-00029929 SDNY_GM_00299127 EFTA01504961