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EFTA01505096

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07 12002 Account Number FINANCIAL TRUST COMPANY INC July 01, 2002 - July 31, 2002 JPMorgan Private Bank Asset Account Portfolio Page 32 of 52 Swiss Franc Activity by Date Statement Date Tyne continued Quantity Description Realized Amount' thiliVLOSS USD Amount USD Jul 15 Fwd FX Ctrct - 20,000,000 SETTLE FORWARD CURRENCY CONTRACT 29,667,940.00 20,313,550.15 BUY CHF SELL USD CONTRACT RATE : 1.483397000 TRADE 6/2602 VALUE 7/15/02 Jul 17 Fwd FX Ctrct - 10,000,000 SETTLE FORWARD CURRENCY CONTRACT 14,975,000.00 10,304,844.48 BUY CHF SELL USD CONTRACT RATE : 1.497500000 TRADE 7/08102 VALUE 7/17/02 Jul 17 Fwd FX Ctrct 10,101,180.44 SETTLE FORWARD CURRENCY CONTRACT - 14,975,000.00 - 10,304,844.48 BUY USD SELL CHF CONTRACT RATE : 1.482500000 TRADE 7/11/02 VALUE 7/17/02 Jul 24 Fwd FX Ctrct - 10,000,000 SETTLE FORWARD CURRENCY CONTRACT 15,257,000.00 10,481228.31 BUY CHF SELL USD CONTRACT RATE : 1.525700000 TRADE 8/2002 VALUE 7/24/02 Jul 24 Fwd FX Ctrct - 20,000,000 SETTLE FORWARD CURRENCY CONTRACT 29,070,000.00 19,970,459.93 BUY CHF SELL USD CONTRACT RATE : 1.453500003 TRADE 7/15102 VALUE 7/24/02 Jul 24 Spot FX 30,454,826.52 SPOT CURRENCY TRANSACTION - SALE - 44,327,000.00 - 30,454,826.52 BUY USD SELL CHF SPOT RATE : 1.455500000 TRADE 7/22102 VALUE 7/24/02 U S DOLLAR SWISS FRANC Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030073 SDNY_GM_00299271 EFTA01505096

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