EFTA01506851

03 2004 Account Number: FINANCIAL TRUST COMPANY INC March 01, 2004 - March 31, 2004 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 41 of 88 Euro Currency Activity by Date continued Settlement Date Mar 15 Mar 15 Mar 16 Mar 16 Mar 17 Mar 17 TYR< Quantity Fwd FX Ctrct - 6,413,500 Fwd FX Ctrct 6,385,000 Spot FX 12,225,000 Spot FX - 12,205,000 Fwd FX Ctrct 12,378,000 Fwd FX Ctrct 8,696,800 Description Realized Denton USD amount amount USD SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 6,112,095.83 BUY EUR SELL USD CONTRACT RATE : 1.282700000 TRADE 1/09/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT - 5,000,000.00 - 6,112,095.83 BUY USD SELL EUR CONTRACT RATE : 1.277000003 TRADE 1/12/04 VALUE 3(15/04 SPOT CURRENCY TRANSACTION - SALE - 10,000,000.00 - 12,225,000.00 BUY USD SELL EUR SPOT RATE : 1.222500000 TRADE 3/12/04 VALUE 3/18/04 U S DOLLAR EURO PRINCIPAL CURRENCY SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 12,205,000.00 BUY EUR SELL USD SPOT RATE : 1.220500000 TRADE 3/12/04 VALUE 3/18/04 EURO PRINCIPAL CURRENCY U S DOLLAR SETTLE FORWARD CURRENCY CONTRACT - 81,571.82 - 10,000,000.00 - 12,195,121.95 BUY USD SELL EUR CONTRACT RATE : 1.237800000 TRADE 3/08/04 VALUE 3/17/04 SETTLE FORWARD CURRENCY CONTRACT - 57,100.28 - 7,000,000.00 - 8,536,585.36 BUY USD SELL EUR CONTRACT RATE : 1.242400000 TRADE 3/09/04 VALUE 3/17/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031840 SDNY_GM_00301038 EFTA01506851