12 2002 Account Number FINANCIAL TRUST COMPANY INC December 01, 2002 - December 31, 2002 JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 24 of 40 Account Transactions by Currency Pound Sterling Activity Summary Amount ails Amour whoa to OM Beginning Balance Credits Foreign Exchange Debits Foreign Exchange Ending Balance .25 5,000,000.00 74,063,079.25 - 5,000,000 00 .25 Foreign Exchange Gains/Losses .01 - 74,063,079 00 Pound Sterling Activity by Date Sitrthement Wro TO* Quantity DeStriptIon Realized GaincLOSS (ASO Dec 13 Fwd FX Ctrct 7,820,000 SETTLE FORWARD CURRENCY CONTRACT 0.01 BUY USD SELL GBP CONTRACT RATE : 1.5640000O0 TRADE 12/03/02 VALUE 12/13/02 Dec 13 Fwd FX Ctrct - 7,756,500 SETTLE FORWARD CURRENCY CONTRACT BUY GBP SELL USD CONTRACT RATE : 1.551300000 TRADE 11/26/02 VALUE 12/13/02 Amount Amount USD - 5,000,000.00 - 7,947,500.08 5,000,000.00 7,947,500.08 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030401 SDNY_GM_00299599 EFTA01505420