EFTA01592509

REALIZED GAIN/LOSS REPORT Highbridge Capital Management Highbridge - Financial Trust Co. 1/1/2006 to 3/31/2006 CURRENCY: BROKER: EUROPEAN MONETARY UNIT CREDIT-SUISSE FIRST BOSTON Qty Trx. Num Trade Date SECURITY TYPE: FUTURE SECURITY FGBMH6 - Euro-bobl Mar 06 Future 11 12871134 11 12871136 12/08/05 SHT 12/08/05 SHT 1,244,320.00 1,244,320.00 SECURITY FGBSH6 - Euro-schatz Mar 06 Future 2 2 SECURITY TYPE: STOCK SECURITY DPWGn.DE - DEUTSCHE POST AG 7,000 12291569 7,000 12291569 14,000 Total for HBFT-EUR: 05/25/05 SEL 05/25/05 SEL 132,230.00 132,230.00 264,460.00 1,719,810.00 0.7955 0.7955 166,219.72 13074675 166,219.72 13153271 332,439.44 2,038,619.01 02/16/06 03/14/06 CVS CVS -154,130.76 -147,857.43 -301,988.19 -1,744,068.19 PROT0 0.8414 0.8377 -183,176.70 -176,504.81 -359,681.51 -2,070,132.60 -21,900.76 -15,627.43 -37,528.19 -24,258.19 -27,530.35 -19,644.46 -47,174.81 -31,435.27 10,573.37 9,359.38 19,932.75 19,932.75 -16,956.98 -10,285.08 -27,242.06 -11,502.52 211,030.00 211,030.00 0.8530 1,458,778.55 13107706 1,458,778.55 0.8530 247,401.02 13107761 247,401.02 02/28/06 CVS -1,231,890.00 -1,231,890.00 02/28/06 CVS -210,190.00 -210,190.00 0.8431 -1,461,144.73 -1,461,144.73 0.8431 -249,306.36 -249,306.36 12,430.00 12,430.00 840.00 840.00 14,743.22 14,743.22 996.32 PROT1 996.32 0.00 [repeated 4 times] 14,743.22 14,743.22 996.32 996.32 Trx. Type Opening Transaction Local Proceeds FX Rate Functional Proceeds Trx. Num Trade Date Trx. Type Closing Transaction Local Proceeds FX Rate Realized P&L Functional Proceeds Local Functional Trading Functional FX Functional Total Date: Page: User: 04/24/06 asantos 1 of 7 11:49:41AM Copyright (c) 2002-2003 Integrated Business Systems, Inc. Visual Portfolio Manager - Sql Server VPM0128 PROT2 CURRENCY: BROKER: BRITISH POUND Qty Trx. Num Trade Date SECURITY TYPE: BOND SECURITY BAA_2.625_08/09 - Baa 2.625% 8/19/09 -1,500 12966996 0 13074773 -60 13074773 -210 13074773 -80 13074773 -970 13074773 -970 13130530 -122 13265250 -4,092 12966998 0 13074781 -170 13074781 -635 13074781 -635 13130534 -635 13265534 -2,880 SECURITY TYPE: FUTURE SECURITY FLGH6 - LONG GILT FUTURE March 2006 2 12841443 2 12841497 4 11/29/05 SEL 11/29/05 SEL 227,020.00 227,020.00 454,040.00 SECURITY TYPE: STOCK SECURITY BAA.L - Baa Plc Cfd 195,500 12967001 12/31/05 SHT 1,232,627.50 PROT3 0.5820 2,117,838.94 13074770 01/31/06 CVS -1,241,425.00 0.5658 -2,194,218.69 -8,797.50 -15,549.58 0.00 -15,549.58 0.5773 0.5773 393,278.10 13107753 393,278.10 13107919 786,556.20 02/28/06 02/28/06 CVS BUY -227,280.00 -227,280.00 -454,560.00 0.5747 0.5747 -395,455.84 -395,455.84 -790,911.68 -260.00 -260.00 -520.00 -452.39 -452.39 -904.78 0.00 [repeated 3 times] -452.39 -452.39 -904.78 12/31/05 BUY 01/31/06 BUY 02/23/06 BUY 03/28/06 BUY 12/31/05 BUY 01/31/06 BUY PROT4 01/31/06 BUY [repeated 5 times] 02/23/06 BUY 03/28/06 BUY -1,706,552.45 1,708,575.00 -68,343.00 -239,200.50 -91,124.00 -1,104,878.50 -1,390,507.20 -176,432.44 -3,273,492.09 SECURITY HG_3.375_10/10 Hilton Group_3.37596_10/10 -805 -1,165,226.24 1,138,796.46 -240,491.18 -898,305.28 -929,101.44 -941,657.00 -3,035,984.68 0.5820 0.5658 0.5736 0.5722 0.5820 0.5658 [repeated 8 times] 0.5736 0.5722 -2,932,113.09 13074772 3,019,906.31 -120,796.25 13055925 -120,796.25 13055926 -120,796.25 13060589 -120,796.25 13060591 PROT5 -422,786.88 13065054 -161,061.67 13078381 -1,952,872.75 13130528 -2,424,001.68 13265249 -308,324.51 13207069 -5,664,439.27 -2,002,033.46 13074779 2,012,822.74 -425,068.16 13093563 -1,587,754.59 13130533 -1,619,656.09 13265533 -1,645,592.69 13215629 -5,267,282.25 01/31/06 02/23/06 02/23/06 03/28/06 03/31/06 SEL 01/31/06 02/10/06 02/10/06 02/13/06 02/13/06 02/14/06 02/17/06 02/23/06 03/28/06 03/29/06 SEL [repeated 10 times] 1,708,575.00 0.00 82,050.00 82,014.00 81,922.14 81,702.06 287,175.00 115,700.00 PROT6 1,390,507.20 1,402,782.52 176,473.00 5,408,900.92 1,138,796.46 0.00 245,862.50 929,101.44 941,657.00 950,455.30 4,205,872.70 0.5658 0.5736 0.5736 0.5722 0.5732 0.5658 0.5745 0.5745 0.5728 0.5728 0.5737 0.5762 0.5736 0.5722 0.5715 3,019,906.31 0.00 142,820.33 142,757.67 143,031.96 142,647.71 500,589.10 200,785.78 2,424,001.68 2,451,432.59 308,801.28 9,476,774.41 2,012,822.74 0.00 428,599.80 1,619,656.09 1,645,592.69 1,658,116.79 7,364,788.11 2,022.55 0.00 13,707.00 13,671.00 13,579.14 13,359.06 PROT7 47,974.50 24,576.00 285,628.70 12,275.32 40.56 426,833.83 -26,429.78 0.00 5,371.32 30,796.16 12,555.56 8,798.30 31,091.56 3,574.86 0.00 23,859.09 23,796.43 23,708.50 23,324.25 83,626.75 42,649.19 497,922.23 21,451.74 70.97 743,984.01 -46,714.64 0.00 9,363.56 53,685.40 21,941.47 15,349.07 53,624.86 0.00 0.01 0.00 [repeated 9 times] 0.01 0.00 -0.01 0.00 -0.01 PROT8 3,574.86 0.01 23,859.09 23,796.43 23,708.50 23,324.25 83,626.75 42,649.19 497,922.23 21,451.74 70.97 743,984.02 -46,714.64 -0.01 9,363.56 53,685.40 21,941.47 15,349.07 53,624.85 Trx. Type Local Functional Trade Date Trx. Type Local Proceeds FX Rate Realized P&L Functional Proceeds Local Functional Trading Functional FX Functional Total Date: Page: User: 2 of 7 11:49:41AM PROT9 PROT10 CURRENCY: BROKER: BRITISH POUND Qty Trx. Num 60,000 13047317 0 13074771 10,100 13074771 10,245 13074771 10,400 13074771 10,430 13074771 35,800 13074771 13,845 13074771 104,680 13074771 164,680 13130539 615,680 SECURITY LAD.L - LADBROKES PLC 283,150 12967003 0 13074776 62,115 13074776 221,035 13074776 11,000 13079159 12,000 13121285 232,035 13130541 244,035 13265536 1,065,370 Total for HBFT-GBP: 12/31/05 SHT 01/31/06 SHT 02/17/06 SHT 03/03/06 SHT 02/23/06 SHT 03/28/06 SHT Trade Date Trx. Type 02/08/06 SHT 01/31/06 SHT [repeated 6 times] PROT11 01/31/06 SHT 01/31/06 SHT 02/23/06 SHT Local 439,494.00 0.5729 -1,241,425.00 64,135.00 65,055.75 66,040.00 66,230.50 227,330.00 87,915.75 664,718.00 1,343,788.80 3,015,910.30 1,025,003.00 -1,046,239.25 229,514.93 816,724.33 41,932.00 43,989.60 873,611.78 938,314.58 2,922,850.97 83,324.50 0.5820 0.5658 0.5762 0.5705 0.5736 0.5722 0.5658 0.5736 Functional 767,114.80 13130538 -2,194,218.69 113,358.61 13055923 114,986.04 13055924 PROT12 116,725.70 13060588 117,062.41 13060590 401,805.78 13065053 155,391.09 13078380 1,174,889.07 13130538 2,342,559.83 13265499 5,227,513.58 1,761,108.90 13074775 -1,849,227.87 405,667.63 13093562 1,443,560.24 13130540 72,768.79 13130540 77,102.77 13265535 1,522,923.74 13265535 1,639,751.64 13215627 5,073,655.84 156,004.10 01/31/06 02/23/06 03/28/06 03/28/06 03/31/06 CVS [repeated 7 times] 02/10/06 02/10/06 02/13/06 02/13/06 02/14/06 02/17/06 02/23/06 03/28/06 CVS Trade Date 02/23/06 Trx. PROT13 Type CVS Local Proceeds -489,600.00 0.00 -78,780.00 -79,911.00 -81,016.00 -81,354.00 -279,240.00 -114,221.25 -854,188.80 -1,361,903.60 -4,661,639.65 -1,046,239.25 0.00 -232,931.25 -832,196.78 -41,415.00 -46,140.00 -892,174.58 -949,296.15 -4,040,393.01 458,180.96 0.5658 0.5736 0.5722 0.5722 0.5732 FX Rate 0.5736 0.5745 0.5745 0.5728 0.5728 0.5737 0.5762 0.5736 0.5722 Realized P&L Functional Proceeds -853,495.20 0.00 -137,128.41 -139,097.08 -141,449.89 PROT14 -142,040.02 -486,757.21 -198,219.56 -1,489,064.63 -2,379,994.64 -8,161,465.33 -1,849,227.87 0.00 -406,057.40 -1,450,727.04 -72,196.70 -80,631.96 -1,559,119.69 -1,656,094.60 -7,074,055.26 815,130.25 Local -50,106.00 0.00 -14,645.00 -14,855.25 -14,976.00 -15,123.50 -51,910.00 -26,305.50 -189,470.80 -18,114.80 -404,304.35 -21,236.25 0.00 -3,416.33 -15,472.45 517.00 -2,150.40 -18,562.80 -10,981.57 -71,302.80 -18,201.76 Functional Trading -87,347.28 0.00 -25,491.82 -25,857.79 -26,147.35 -26,404.87 -90,486.92 -45,650.56 -330,294.97 -31,656.52 -704,887.66 PROT15 -37,535.07 0.00 -5,955.51 -26,972.36 901.26 -3,757.93 -32,439.42 -19,157.90 -124,916.93 -33,100.50 Functional FX 0.00 0.01 0.00 0.01 0.00 -0.02 0.00 -0.02 -0.01 Functional Total -87,347.28 0.01 -25,491.82 -25,857.79 -26,147.35 -26,404.87 -90,486.92 -45,650.56 -330,294.97 -31,656.52 -704,887.65 -37,535.07 -0.02 -5,955.51 -26,972.36 901.26 PROT16 -3,757.93 -32,439.42 -19,157.90 -124,916.95 -33,100.51 Date: Page: User: 3 of 7 11:49:41AM PROT17 CURRENCY: BROKER: US DOLLAR Qty Trx. Num Trade Date SECURITY TYPE: BOND SECURITY AMLN_2.5_4/11 - Amylin Pharm 2.5% 4/15/2011 144a -500 12588752 -500 12599520 -1,000 12499158 -8 12499171 -17 12411068 -10 12411072 -15 12357536 06/29/05 BUY 06/29/05 BUY 07/27/05 BUY 07/27/05 BUY 08/29/05 BUY 09/01/05 BUY -540,230.00 -544,770.00 -1,085,000.00 SECURITY B_3.75_8/25_144A - BARNES GROUP INC 3.75% 8/1/2 -9 -9,000.00 -8,246.67 -17,246.67 SECURITY CVTX_3.25_8/13 - Cv Therapeutics 3.25 8/16/2013 -5 -5,278.13 -10,550.00 -15,828.13 SECURITY DIS_2.125_4/23 - Disney 2.125% 4/15/2023 -1,000 06/14/05 BUY -1,000 12560477 08/16/05 BUY -1,073,040.00 -1,073,040.00 PROT18 -2,000 SECURITY TYPE: FUTURE SECURITY FVH6 - UST 5 YEAR T-NOTE FUT MARCH 06 6 12896794 16 12896796 1 12896798 3 12896800 1 12896802 2 12896804 6 12896806 2 12896808 1 12896810 12/01/05 SEL 636,984.37 1,698,624.99 106,164.06 318,492.19 106,164.06 212,328.12 636,984.37 212,328.12 106,164.06 1.0000 636,984.37 13116841 1,698,624.99 13116843 106,164.06 13116845 318,492.19 13116847 106,164.06 13116849 212,328.12 13116851 636,984.37 13116853 212,328.12 13116855 106,164.06 13116857 03/01/06 PROT19 03/01/06 BUY -630,187.50 -1,680,500.00 -105,031.25 -315,093.75 -105,031.25 -210,062.50 -630,187.50 -210,062.50 -105,031.25 1.0000 -630,187.50 -1,680,500.00 -105,031.25 -315,093.75 -105,031.25 -210,062.50 -630,187.50 -210,062.50 -105,031.25 6,796.87 18,124.99 1,132.81 3,398.44 1,132.81 2,265.62 6,796.87 PROT20 2,265.62 1,132.81 6,796.87 18,124.99 1,132.81 3,398.44 1,132.81 2,265.62 6,796.87 2,265.62 1,132.81 0.00 6,796.87 18,124.99 1,132.81 3,398.44 1,132.81 2,265.62 6,796.87 2,265.62 1,132.81 -2,057,500.00 -2,057,500.00 1.0000 SECURITY WYE_FLT_1/24 - WYETH CORP FLT 1/15/2024 -2,000 1.0000 -540,230.00 13112671 -544,770.00 13112671 -1,085,000.00 -9,000.00 13074760 -8,246.67 13074760 -17,246.67 -5,278.13 13015153 -10,550.00 13015153 -15,828.13 -1,073,040.00 13042146 PROT21 -1,073,040.00 1.0000 -2,057,500.00 13047334 -2,057,500.00 02/07/06 SEL 01/30/06 01/30/06 SEL SEL 02/16/06 02/16/06 SEL SEL 03/01/06 03/01/06 SEL SEL 696,895.00 696,895.00 1,393,790.00 9,705.06 8,626.72 18,331.78 5,949.00 11,898.00 17,847.00 1,056,398.00 1,056,398.00 02/08/06 SEL 2,090,000.00 2,090,000.00 1.0000 [repeated 7 times] 696,895.00 696,895.00 1,393,790.00 9,705.06 8,626.72 18,331.78 5,949.00 11,898.00 17,847.00 1,056,398.00 1,056,398.00 PROT22 1.0000 2,090,000.00 2,090,000.00 156,665.00 152,125.00 308,790.00 705.06 380.05 1,085.11 670.88 1,348.00 2,018.88 -16,642.00 -16,642.00 32,500.00 32,500.00 156,665.00 152,125.00 308,790.00 705.06 380.05 1,085.11 670.88 1,348.00 2,018.88 -16,642.00 -16,642.00 32,500.00 32,500.00 0.00 [repeated 13 times] 156,665.00 152,125.00 308,790.00 705.06 380.05 1,085.11 670.88 1,348.00 2,018.88 PROT23 -16,642.00 -16,642.00 32,500.00 32,500.00 Trx. Type Local Functional Trade Date Trx. Type Local Proceeds FX Rate Realized P&L Functional Proceeds Local Functional Trading Functional FX Functional Total Date: Page: User: 4 of 7 11:49:41AM PROT24 CURRENCY: BROKER: US DOLLAR Qty Trx. Num 3 12896812 4 12896814 4 12896816 3 12896818 4 12896820 -2 12896822 54 SECURITY TYH6 - TYH6 20 12841921 20 SECURITY TYPE: STOCK SECURITY AMGN.O - Amgen 545 12663372 655 12663372 4,080 12663372 790 12732059 130 12772030 555 12772030 945 12792476 1,950 12792476 305 12792476 655 12975055 1,040 13024392 2,000 13024392 13,650 SECURITY AMLN.O - Amylin Pharm. 10,200 12588883 10,200 12599532 2,000 12750664 2,000 12964025 1,000 13088776 08/29/05 SHT 09/01/05 SHT 10/24/05 SHT 01/11/06 SHT 02/22/06 SHT 09/27/05 SHT PROT25 10/19/05 SHT 11/03/05 SHT 11/03/05 SHT 11/10/05 SHT 01/17/06 SHT 02/01/06 SEL 02/01/06 SEL 44,061.41 52,954.54 329,854.21 61,174.41 10,035.35 42,843.25 77,229.40 159,362.25 24,925.89 51,193.59 82,359.39 158,383.44 1,094,377.13 330,466.18 328,936.24 71,987.49 86,947.83 40,624.02 1.0000 [repeated 17 times] 44,061.41 12967168 52,954.54 12988927 329,854.21 13005802 61,174.41 13005802 10,035.35 13005802 42,843.25 13024380 PROT26 77,229.40 13024380 159,362.25 13032735 24,925.89 13056210 51,193.59 13056210 82,359.39 13056210 158,383.44 13140823 1,094,377.13 330,466.18 13112675 328,936.24 13112675 71,987.49 13112675 86,947.83 13112675 40,624.02 13112675 03/01/06 CVS 01/12/06 01/20/06 01/26/06 02/01/06 02/01/06 02/03/06 02/10/06 03/09/06 CVS BUY BUY CVS -41,670.12 -49,813.09 -297,665.56 -57,636.22 -9,484.44 PROT27 -42,494.04 -72,354.73 -144,943.95 -21,530.06 -46,236.68 -73,413.96 -147,300.00 -1,004,542.85 -447,780.00 -447,780.00 -87,800.00 -87,800.00 -43,900.00 1.0000 [repeated 17 times] -41,670.12 -49,813.09 -297,665.56 -57,636.22 -9,484.44 -42,494.04 -72,354.73 -144,943.95 -21,530.06 -46,236.68 -73,413.96 -147,300.00 -1,004,542.85 -447,780.00 -447,780.00 -87,800.00 -87,800.00 -43,900.00 2,391.29 3,141.45 32,188.65 PROT28 3,538.19 550.91 349.20 4,874.67 14,418.30 3,395.84 4,956.91 8,945.43 11,083.44 89,834.28 -117,313.82 -118,843.76 -15,812.51 -852.17 -3,275.98 2,391.29 3,141.45 32,188.65 3,538.19 550.91 349.20 4,874.67 14,418.30 3,395.84 4,956.91 8,945.43 11,083.44 89,834.28 -117,313.82 -118,843.76 -15,812.51 -852.17 -3,275.98 0.00 [repeated 18 times] PROT29 2,391.29 3,141.45 32,188.65 3,538.19 550.91 349.20 4,874.67 14,418.30 3,395.84 4,956.91 8,945.43 11,083.44 89,834.28 -117,313.82 -118,843.76 -15,812.51 -852.17 -3,275.98 11/29/05 SEL Trade Date Trx. Type 12/01/05 SEL 12/01/05 BUY Local 318,492.19 424,656.25 424,656.25 318,492.19 424,656.25 -212,328.12 5,732,859.35 2,178,437.50 2,178,437.50 1.0000 1.0000 Functional PROT30 318,492.19 13042158 424,656.25 13116859 424,656.25 13116861 318,492.19 13116863 424,656.25 13116865 -212,328.12 13047347 5,732,859.35 2,178,437.50 13105066 2,178,437.50 02/27/06 BUY Trade Date 02/07/06 03/01/06 02/08/06 Trx. Type BUY SEL Local Proceeds -316,265.63 -420,125.00 -420,125.00 -315,093.75 -420,125.00 210,937.50 -5,671,984.38 -2,156,250.00 -2,156,250.00 1.0000 FX Rate 1.0000 Realized P&L Functional Proceeds -316,265.63 PROT31 -420,125.00 -420,125.00 -315,093.75 -420,125.00 210,937.50 -5,671,984.38 -2,156,250.00 -2,156,250.00 Local 2,226.56 4,531.25 4,531.25 3,398.44 4,531.25 -1,390.62 60,874.97 22,187.50 22,187.50 Functional Trading 2,226.56 4,531.25 4,531.25 3,398.44 4,531.25 -1,390.62 60,874.97 22,187.50 22,187.50 Functional FX 0.00 Functional Total 2,226.56 4,531.25 4,531.25 3,398.44 4,531.25 -1,390.62 60,874.97 22,187.50 22,187.50 PROT32 Date: Page: User: 5 of 7 11:49:41AM PROT33 CURRENCY: BROKER: US DOLLAR Qty Trx. Num 25,400 SECURITY B.N - BARNES GROUP INC 253 12498275 40 13019530 293 SECURITY CBRL.O - Cracker Barrel 2,571 12296045 2,571 SECURITY CNP.N Centerpoint Energy 15,000 12282502 2,600 12282502 6,500 12282502 3,000 12282502 27,100 SECURITY CVTX.O - Cv Therapeutics Inc 426 12411288 426 SECURITY DIS.N Disney 17,820 12357537 930 12357537 18,750 SECURITY EDO.N - EDO CORPORATION 1,855 12808767 1,855 SECURITY IVGN.O - Invitrogen Corp -1 12593206 -1 SECURITY MAS.N - Masco Corp 8,200 12480333 07/19/05 SHT 08/30/05 CVS 11/16/05 SHT 06/14/05 SHT 06/14/05 SHT PROT34 06/29/05 SHT 05/23/05 SHT 05/26/05 SHT 07/26/05 SHT 01/31/06 SHT Trade Date Trx. Type Local 858,961.76 8,702.90 1,514.78 10,217.68 105,663.68 105,663.68 178,942.48 31,016.70 77,541.74 35,788.50 323,289.42 9,358.50 9,358.50 491,989.59 25,676.22 517,665.81 49,420.51 49,420.51 -83.39 -83.39 270,752.66 1.0000 Functional 858,961.76 8,702.90 13074757 1,514.78 13074757 10,217.68 105,663.68 13190214 105,663.68 PROT35 1.0000 178,942.48 13065285 31,016.70 13179044 77,541.74 13179048 35,788.50 13182676 323,289.42 9,358.50 13015159 9,358.50 1.0000 1.0000 491,989.59 13042151 25,676.22 13042169 517,665.81 49,420.51 13047297 49,420.51 1.0000 -83.39 13019532 -83.39 270,752.66 13136603 02/08/06 CVS 01/30/06 CVS 03/27/06 CVS 02/16/06 02/16/06 CVS CVS Trade Date Trx. Type Local Proceeds -1,115,060.00 -9,811.34 -1,551.20 -11,362.54 -114,914.18 -114,914.18 02/14/06 03/22/06 03/22/06 03/23/06 CVS CVS PROT36 BUY CVS -188,613.00 -31,552.30 -78,748.80 -36,313.80 -335,227.90 -11,139.90 -11,139.90 02/07/06 02/07/06 CVS CVS -476,685.00 -24,717.63 -501,402.63 -48,179.43 -48,179.43 01/31/06 SHT 68.62 68.62 03/08/06 CVS -249,803.49 1.0000 FX Rate Realized P&L Functional Proceeds -1,115,060.00 -9,811.34 -1,551.20 -11,362.54 -114,914.18 -114,914.18 1.0000 -188,613.00 -31,552.30 -78,748.80 -36,313.80 -335,227.90 -11,139.90 -11,139.90 PROT37 1.0000 1.0000 -476,685.00 -24,717.63 -501,402.63 -48,179.43 -48,179.43 1.0000 68.62 68.62 1.0000 -249,803.49 Local -256,098.24 -1,108.44 -36.42 -1,144.86 -9,250.50 -9,250.50 -9,670.52 -535.60 -1,207.06 -525.30 -11,938.48 -1,781.40 -1,781.40 15,304.59 958.59 16,263.18 1,241.08 1,241.08 -14.77 -14.77 20,949.17 Functional Trading -256,098.24 -1,108.44 -36.42 -1,144.86 -9,250.50 -9,250.50 -9,670.52 -535.60 -1,207.06 -525.30 -11,938.48 -1,781.40 -1,781.40 15,304.59 958.59 PROT38 16,263.18 1,241.08 1,241.08 -14.77 -14.77 20,949.17 Functional FX 0.00 [repeated 21 times] Functional Total -256,098.24 -1,108.44 -36.42 -1,144.86 -9,250.50 -9,250.50 -9,670.52 -535.60 -1,207.06 -525.30 -11,938.48 -1,781.40 -1,781.40 15,304.59 958.59 16,263.18 1,241.08 1,241.08 -14.77 -14.77 PROT39 20,949.17 Date: Page: User: 6 of 7 11:49:41AM PROT40 CURRENCY: BROKER: US DOLLAR Qty Trx. Num 1,200 12480333 600 12480333 10,000 SECURITY RPM.N Rpm Inc/ohio 1,250 12485135 700 12485135 1,290 12485135 710 12493963 3,950 SECURITY SVU.N Supervalu Inc 7,400 12287209 4,000 12287209 11,400 SECURITY VCI.N Valassie Comm. 940 12775635 1,500 12775635 2,440 12560475 11/04/05 SHT 11/04/05 SHT SECURITY WYE.N - WYETH CORP 13,240 13,240 Total for HBFT-USD: Total for HBFT: 05/24/05 SHT 05/24/05 SHT 07/22/05 SHT 07/26/05 SHT Trade Date Trx. Type 07/19/05 SHT 07/19/05 SHT Local PROT41 39,622.34 19,811.17 330,186.17 23,649.01 13,243.44 24,405.78 13,240.95 74,539.18 242,265.85 130,954.51 373,220.36 29,232.77 46,648.04 75,880.81 08/16/05 SHT 604,910.28 604,910.28 8,090,289.95 1.0000 [repeated 11 times] Functional 39,622.34 13149802 19,811.17 13149862 330,186.17 23,649.01 13098270 13,243.44 13121896 24,405.78 13125685 13,240.95 13125685 74,539.18 242,265.85 13032770 130,954.51 13211896 373,220.36 29,232.77 13032759 46,648.04 13140736 75,880.81 604,910.28 13047284 604,910.28 8,090,289.95 10,284,913.06 02/08/06 PROT42 CVS 02/03/06 03/09/06 BUY CVS 02/03/06 03/30/06 CVS CVS 02/24/06 03/03/06 03/06/06 03/06/06 CVS Trade Date 03/13/06 03/13/06 Trx. Type BUY CVS Local Proceeds -36,372.00 -17,974.68 -304,150.17 -22,314.50 -12,643.47 -23,209.55 -12,774.25 -70,941.77 -228,300.36 -124,285.56 -352,585.92 -26,137.17 -42,806.47 -68,943.64 -604,935.60 -604,935.60 -7,795,185.51 1.0000 FX Rate PROT43 1.0000 1.0000 Realized P&L Functional Proceeds -36,372.00 -17,974.68 -304,150.17 1.0000 -22,314.50 -12,643.47 -23,209.55 -12,774.25 -70,941.77 -228,300.36 -124,285.56 -352,585.92 -26,137.17 -42,806.47 -68,943.64 -604,935.60 -604,935.60 -7,795,185.51 -9,050,187.86 Local 3,250.34 1,836.49 26,036.00 1,334.51 599.97 1,196.23 466.70 3,597.41 13,965.49 6,668.95 20,634.44 3,095.60 3,841.57 6,937.17 -25.32 -25.32 295,104.45 Functional Trading 3,250.34 1,836.49 26,036.00 1,334.51 PROT44 599.97 1,196.23 466.70 3,597.41 13,965.49 6,668.95 20,634.44 3,095.60 3,841.57 6,937.17 -25.32 -25.32 295,104.45 230,568.68 Functional FX 0.00 [repeated 17 times] 19,932.74 Functional Total 3,250.34 1,836.49 26,036.00 1,334.51 599.97 1,196.23 466.70 3,597.41 13,965.49 6,668.95 20,634.44 3,095.60 3,841.57 6,937.17 -25.32 PROT45 -25.32 295,104.45 250,501.42 Date: Page: User: 7 of 7 11:49:41AM PROT46