06 12002 Account Number: FINANCIAL TRUST COMPANY INC June 01, 2002 - June 30, 2002 JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 12 of 44 Desalt:bon Counter Coop Amount Currency Coaxer Premium Amount Currency premium Premium Current Make Unrealized Local USD Value USD Gaintoss USD Foreign Exchange continued P NOK PUT USD CALL FX EUROPEAN STYLE OPTION JAN 07, 2003 it 7.515 XNOKPA-BS-Z NOK - 127,755,000 USD - 17,000,000.00 USD - 781,090.00 - 781,090.00 0.00 781,090.00 Total Foreign Exchange - 3,454,545.00 3,144,730.14 6,599,275.37 Emcnoive4Stea OptrOnS xn valoel us") erWe ket (noes at The dosed business nce statement date Over. fne-COur4p. (O IC) Wens a•evelum] a! Md-Market undo anent:se agreed Sn Important Information about Pncing and Valuations Important Information about Pnong and Valuations Antes some of when re peceeed by aced 30ov:ciao:Mr xxoces anal no deem ream* are not guaranteed (a acesetcy a as readable rakes Valuations a oveMnacounter Movene bansactions including ceded darvehveseaeled depart inducts. nave been prepared are mid-make: frosts These ostuabons are indatere values es Metre close of business of die date of bet statement and etcept as otherwise agreed vi wend Mese reivenad do not reweave The *Cluel kerns el wn.ell frensectons a moulds 0GM be bought a sod a new frensecbene caM be entered ergo a tne actual tams on anon existing fradectorn a swaged axed be lqucleded as of the daleMINS statement We do not farrete Thee comaelenese a *coney These vekrabons we dewed from propene.), mode's Lased upon tveN recognized final pnnopes end we have. when necessary lo cstsade ere present value of future melbas. made reasonable estimates about relevant future mwkel aflame Valuations based on other moods a 011erent asset:Mad may diterea mauls Magen exptetaly disclaim seems:ono:Ma la (I) the scanty of the maids a estimates used n damns tne va