EFTA01507225

06 12004 Account Numbe FINANCIAL TRUST COMPANY INC June 01, 2004 - June 30, 2004 JPMorgan Chase Bank 345 Park Avenue. New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 31 of 72 Account Transactions by Currency Euro Currency Activity Summary Amount this Penal Amount loan Beginning Balance Credits .00 Sales, Maturities, Redemptions 29,941,124.64 Foreign Exchange 45,000,000 00 303000,000.00 Debits Purchases of Securities - 30,000,000.00 Foreign Exchange - 45,000,000.00 - 302,941,124.64 Ending Balance .00 Foreign Exchange Gains/Losses .01 Euro Currency Activity by Date sea/einem oar. type Quantity ascription Realize° Amount Goinloss DSO Amount USD Jun 7 Fwd FX Ctrct - 6.073.500 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 6,154,982.45 BUY EUR SELL USD CONTRACT RATE : 1.214700000 TRADE 3/03/04 VALUE 6/07/04 Jun 7 Fwd FX Ctrct - 12,395,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 12,309,964.91 BUY EUR SELL USD CONTRACT RATE : 1.239500000 TRADE 3/05/04 VALUE 6/07/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032238 SDNY_GM_00301436 EFTA01507225