EFTA01506703

02 Account Number: FINANCIAL TRUST COMPANY INC February 01, 2004 - February 29, 2004 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 II3 JPMorgan Private Bank Asset Account Portfolio Page 39 of 58 Pound Sterling Activity by Date continued Settlement Date Feb 11 Feb 11 Feb 13 Feb 13 Feb 13 Feb 23 type Ouantity Expired Opt 7,168,458.74 Expired Opt 12,500,000 Fwd FX Ctrct - 9,202,000 Fwd FX Ctrct - 18,165,000 Fwd FX CUct 27,867,000 Redemption - 3,000,000 Realized Amount Amount USD DnaWean GaMaass USD GBP PUT USD CALL FX EUROPEAN STYLE OPTION OCT 18.2004 42 1.818 KNOCK IN TRIGGERED C 1.815 KNOCK OUT (2 1.8735 EXPIRATION OF WRITTEN FX OPTION OPTION KNOCKED OUT GBP PUT USD CALL FX EUROPEAN STYLE OPTION JUL 16, 2004 C tin KNOCK IN TRIGGERED (2 1.8165 KNOCK OUT @ 1.8793 EXPIRATION OF WRITTEN FX OPTION OPTION KNOCKED OUT SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 9,440,196.35 BUY GBP SELL USD CONTRACT RATE : 1.840400000 TRADE 1/09/04 VALUE 2/13/04 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 18,880,392.71 BUY GBP SELL USD CONTRACT RATE : 1.816500000 TRADE 1/20/04 VALUE 2/13/04 SETTLE FORWARD CURRENCY CONTRACT - 15,000,000.00 - 28,320,589.06 BUY USD SELL GBP CONTRACT RATE : 1.857800000 TRADE 2/09/04 VALUE 2/13/04 3 MONTH GBP BULLISH FX DEPOSIT 236,921.83 3,000,000.00 5,336,321.83 100% PRINCIPAL PROTECTED IN GBP JPMORGAN CHASE LONDON 02/19/2004 TO REDEMPTION Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031692 SDNY_GM_00300890 EFTA01506703