EFTA01507236

06 12004 Account Number: CI 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 44 of 72 Account Transactions by Currency S African Rand Activity Summary Amount this P•1106 Amount ro paro Beginning Balance .00 Credits Foreign Exchange 12,535,000.00 77,920,000.00 Debits Foreign Exchange -12,535,000.00 - 77,920,000 00 Ending Balance .00 S African Rand Activity by Date Statement Date Type Quantity Description Realized Amount GainiLoss USD Amount USD Jun 28 Spot FX - 1,998,405.74 SPOT CURRENCY TRANSACTION - BUY 12,535,000.00 1,998,405.74 BUY ZAR SELL USD SPOT RATE : 6.272500000 TRADE 6/24104 VALUE 6/28/04 S AFRICAN RAND U S DOLLAR Jun 28 FX Opt Asgn'D 2,000,000 SPOT CURRENCY TRANSACTION - 12,535,000.00 - 2,020,145.04 SETTLEMENT OF ASSIGNED FX OPTION SELL ZAR BUY USD TRADE 6/24/04 VALUE 6/28/04 Jun 29 Expired Opt 50,140,000 ZAR CALL USD PUT FX EUROPEAN STYLE OPTION JUN 24, 2004 (2 6.2675 EXPIRATION OF WRITTEN FX OPTION Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032251 SDNY_GM_00301449 EFTA01507236