12 2002 Account Numb FINANCIAL TRUST COMPANY INC December 01, 2002 - December 31, 2002 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 II3 JPMorgan Private Bank Asset Account Portfolio Page 23 of 40 Norwegian Krone Activity by Date continued Settlement Date type Quantity Desenpeon Realized amount OtaiVLoss USD Amount USD Dec 13 Spot FX 10,025,359.83 SPOT CURRENCY TRANSACTION - SALE - 73,135,000.00 - 10,025,359.83 BUY USD SELL NOK SPOT RATE : 7.295000000 TRADE 12/11/02 VALUE 12/13/02 U S DOLLAR NORWEGIAN KRONE Dec 16 Fwd FX Ctrct - 10,000,000 SETTLE FORWARD CURRENCY CONTRACT 74,370,000.00 10,394,202.61 BUY NOK SELL USD CONTRACT RATE : 7.437000000 TRADE 11/04/02 VALUE 12/16/02 Dec 16 Spot FX 10,379,623.17 SPOT CURRENCY TRANSACTION - SALE - 74,370,000.00 - 10,379,623.17 BUY USD SELL NOK SPOT RATE : 7.165000000 TRADE 12/13/02 VALUE 12/16/02 U S DOLLAR NORWEGIAN KRONE Dec 18 FX Opt Asgn'D 10,273,972.60 SPOT CURRENCY TRANSACTION - 75,000,000.00 - 10,552,678.97 SETTLEMENT OF ASSIGNED FX OPTION SELL NOK BUY USD TRADE 12/16/02 VALUE 12/18/02 Dec 19 Sale - 75,000.000 NORWEGIAN TREASURY BILL-NOK 74,265,000.00 10,467,894.37 ZERO CPN DEC 18 2002 DTD 12/19/2001 HELD BY EUROCLEAR ISIN N00010125875 SEDOL # 7341393 TO REDEMPTION Dec 19 Foreign Interest NORWEGIAN KRONE 735,000.00 103,600.65 TO REDEMPTION Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030400 SDNY_GM_00299598 EFTA01505419