EFTA01506726

03 JPMorgan Chase Bank 2004 345 Park Avenue. New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC Portfolio Summary Exec.! la 3,e Depos4 Account (feeded) end the cosh in your Asset Aro-vnt which see frnsurecl deposnS votn JPMCB none 01~ artsanten relayed Ion tets statement of put Asset ACCCont .ncruitno mutual funds we FDIC ensured a beak °costs ObtObAnS of it( ocAwargeed by MUGS Or any «at bans a sea attketes (unless Offlerm,90 touted) SW, seCunte$ ate Other ofeNtrixonla re subpet » refstment asra. rag:Axing pane» land me pooped amount vwesSed See •Ims,ateat Inkernoton about )Oct JPUS9 &dew* Account" N the and of Ma Astaf Meow,' Pestlab Asset Account Portfolio March 01, 2004 - March 31, 2004 JPMorgan Private Bank Page 4 of 88 Overview Cash & Short Term Equities Other Options Total Foreign Exchange Accrued Income Total Portfolio Value Marker WM. USD Mel 37 43,371,307.29 16,761,634.10 Market Mee USD Fee 29 46,883,245.43 15,345,496.04 Tax Con USO 43,626,443.27 Estimated Amu,: Income USD 522,082.14 netti 96 1.2 0.0 46,233,924 19 48,492,597 02 45,525,000 00 0.0 - 4,981,557.89 - 7,756,491 30 - 3.665,981 08 N/A N/A 101,385,307.69 102,964,847.19 85,485,462.19 522,082.14 0.5 - 482,634.58 1,476,821.65 36,048.08 28,772 46 100,938,721.19 104,470,441.30 Asset Allocation 41% Cash and Short Term 16% Equities Ei 43% Other Market value of Options is not included in pie chart. Income Summary Dividends Total This Period USD 28,772.46 28,772.46 Years* Date USD• 71,214.97 71,214.97 Net Gain/Loss Summary Realized This Pena« 030 Related Year to Dale USD• Unrealized US() Net Short Term Gain/Loss - 1,007,526.90 10,536,371.35 - 766,637.26 Net Long Term Gain/Loss - 293,700.12 Total - 1,007,526.90 10,536,371.35 - 1,060,337.38 'Year to date information is calculated on a calendar year basis. Exchange Rates Spot Rates as of March 31, 2004 Cttnwicy AUD EUR GBP &chows Rate 0.7634 1.2289 1.8377 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031715 SDNY_GM_00300913 EFTA01506726