EFTA01506695

02 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC February 01, 2004 - February 29, 2004 JPMorgan Private Bank Asset Account Portfolio Page 31 of 58 Account Transactions by Currency Hungarian Forint Activity Summary Amount this whoa Amount to Dam Beginning Balance Credits .00 Sales, Maturities, Redemptions 1,083,000,000.00 1,083,000,000.00 Foreign Exchange 2,120,000,000.00 2,120,000,000.00 Debits Purchases of Securities - 2,120,000,000.0 - 2,120,000,000.0 Foreign Exchange - 1,083,000,000.0 - 1,083,000,000.0 Ending Balance .00 Hungarian Forint Activity by Date SAM rant Wro nen• Quantify OntrIpoOn RealiZOCI Amount GoWELOSS USD Amount USD Feb 9 Spot FX - 10,000,000 SPOT CURRENCY TRANSACTION BUY 2,120,000,000.00 10,000,000.00 BUY HUF SELL USD SPOT RATE : 212.000000000 TRADE 2/05/04 VALUE 2/09/04 HUNGARIAN FORINT U S DOLLAR Feb 9 Purchase 2,120,000,000 3 MONTH HUF BULLISH FX DEPOSIT -2,120,000,000.00 - 10,000,000.00 100% PRINCIPAL PROTECTED IN HUF JPMORGAN CHASE LONDON 5/102004 Feb 20 Sale -1,083,000,000 3 MONTH HUF BULLISH FX DEPOSIT 1,083,000,000.00 5,582,991.00 100% PRINCIPAL PROTECTED IN HUF JP MORGAN CHASE LONDON MATURITY 02/20/2004 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031684 SDNY_GM_00300882 EFTA01506695