EFTA01506814

03 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC Portfolio Summary Exec.! kr 3,e Depos4 Account (feeded) end the cosh in your Asset Aro-vnt whch see naurn deposnS votn JPMCB none 01~ artsanten relayed Ion tets statement of put Asset ACCCont .riduitno mutual/QM, we FDIC ensured a beak depOStts ObtObAnS of ao€Awargeed by JI3MCB Or any of as bans a sea attketes (unless Offlerm,90 sedclefed) SW, seCunte$ ate Other ofeNtrixonla we sub CI » refstment asra. rag:Axing pane» bas 00 In. pooped amount swes$d See •Impotent Inkernoton about )Oct JPMSJ &dew* Account" N th and of thss Astaf Account Peetlab 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 Value USD Mal 37 43,371,307.29 16,761,634.10 Market Value USD Fee 29 46,883,245.43 15,345,496.04 Tax Con USD 43,626,443.27 Estimated Amu,: Income 4SO 522,082.14 Ilekl 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 Yowl", Date USD• 71,214.97 71,214.97 Net Gain/Loss Summary Rennet This Penal USD Rented Year to Dare USD• Unrealized USD 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 Exchange Rate 0.7634 1.2289 1.8377 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031803 SDNY_GM_00301001 EFTA01506814