EFTA01507356

07 Account Number: FINANCIAL TRUST COMPANY INC July 01, 2004 - July 31, 2004 JPMorgan Chase Bank 2004 345 Park Avenue. New York, NY 10154-1002 II3JPMorgan Private Bank Asset Account Portfolio Page 38 of 65 Pound Sterling Activity by Date continued Settlement Dare Jul 14 Jul 23 Jul 23 Jul 23 Jul 30 TYR< Quantity Spot FX - 24,180,000 Spot FX - 9,308,000 Spot FX 3,673,200 Spot FX 5,526,300 Fwd FX Ctrct 9,177,000 Deactiption Realized GointOss USD Amount Amount USD SPOT CURRENCY TRANSACTION - BUY 13,000,000.00 24,180,000.00 BUY GBP SELL USD SPOT RATE : 1.860000000 TRADE 7/12/04 VALUE 7/14/04 POUND STERLING U S DOLLAR SPOT CURRENCY TRANSACTION - BUY 5,000,000.00 9.308.000.00 BUY GBP SELL USD SPOT RATE : 1.861600000 TRADE 7/20/04 VALUE 7/23/04 POUND STERLING U S DOLLAR SPOT CURRENCY TRANSACTION - SALE - 2,000,000.00 - 3,673,200.00 BUY USD SELL GBP SPOT RATE : 1.836600000 TRADE 7/21/04 VALUE 7/23/04 U S DOLLAR POUND STERLING SPOT CURRENCY TRANSACTION - SALE - 3,000,000.00 - 5,526,300.00 BUY USD SELL GBP SPOT RATE : 1.842100000 TRADE 7/21/04 VALUE 7/23/04 U S DOLLAR POUND STERLING SETTLE FORWARD CURRENCY CONTRACT - 7,437.72 - 5,000,000.00 - 9,092,562.28 BUY USD SELL GBP CONTRACT RATE : 1.835400000 TRADE 7/21/04 VALUE 7/30/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00032389 SDNY_GM_00301587 EFTA01507356