EFTA01507233

06 12004 Account Number: 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 41 of 72 Account Transactions by Currency Pound Sterling Activity Summary Amount this Potio0 Amocmt loan Beginning Balance Credits .14 Sales, Maturities, Redemptions 13,000,000.00 Foreign Exchange 39,000,000 00 147,700,000.00 Debits Foreign Exchange - 39,000,000.00 -160,699,999.86 Ending Balance .14 Foreign Exchange Gains/Losses - 311,728.29 Pound Sterling Activity by Date Sorttomint On. net* Quantity DesaMrlon RN1IZIO °strut cos USD Amount Amount 1.15D Jun 7 Fwd FX Ctrct - 18,106,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 18,360,414.94 BUY GBP SELL USD CONTRACT RATE : 1.810600000 TRADE 3/03104 VALUE 6/07/04 Jun 7 Fwd FX Ctrct 18,290,000 SETTLE FORWARD CURRENCY CONTRACT 0.01 - 10,000,000.00 - 18,360,414.94 BUY USD SELL GBP CONTRACT RATE : 1.829000000 TRADE 3/05104 VALUE 6/07/04 Jun 8 Fwd FX Ctrct - 18,295,000 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 18,353,675.32 BUY GBP SELL USD CONTRACT RATE : 1.829500000 TRADE 3/05/04 VALUE 6/08/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032248 SDNY_GM_00301446 EFTA01507233