12 JPMorgan Chase Bank 2002 345 Park Avenue, New York. NY 10154-1002 Account Number FINANCIAL TRUST COMPANY INC Asset Account Portfolio December 01, 2002 - December 31, 2002 JPMorgan Private Bank Page 14 of 40 Foreign Exchange Contracts continued Sen/amant Trage Ome Otem Cuereney Amount Geweer Cummy Geonim Amount Comme Ram Curven( Moeke, Forward Ram Market Vakre R ~MM USD Market Vake PayteteM USO Unrealizol %unosi uso POUND STERLING - U S DOLLAR Dec. 13 02 Dec. 15 03 GBP 5,000,000.00 USD - 7,770,500.00 1.5541 1.572346 7,861,729.16 7,770,500.00 91,229.16 JAPANESE YEN - U S DOLLAR Dec. 30 02 Apr. 703 JPY 1,181,500,000.00 USD - 10,000,000.00 118.15 118.237271 9,992,618 95 10,000,000.00 - 7,381 05 Dec. 13 02 Dec. 15 03 JPY 1,186,500.000.00 USD - 10,000,000.00 118.65 117.081596 10,133,958 19 10,000.000 00 133,958 19 Total Open 2,368,000,000.00 - 20,000,000.00 20,126,577.14 20,000,000.00 126,577.14 MEXICAN NEW PESO - U S DOLLAR Dec. 30 02 Jan. 2 03 MXN 102,000,000.00 USD 9,855,072.46 10.35 10.35 9,855,072.46 9,855,072.46 0.00 Dec. 30 02 Mar. 303 MXN 102,000,000.00 USD - 9,750,501.86 10.461 0.00 0.00 0.00 0.00 Total Open 0.00 104,570.60 9,855,072.46 9,855,072.46 0.00 NORWEGIAN KRONE - U S DOLLAR Dec. 902 Jan. 603 NOK 36,350,000.00 USD - 5,000,000.00 7.27 6.933889 5,242,367.99 5,000,000.00 242,367.99 Dec. 13 02 Jan. 6 03 NOK - 36,350,000.00 USD 5,073,272.85 7.165 6.933889 5,073,272.85 5,242,367.99 - 169,095.14 Total Closed 0.00 73,272.85 10,315,640.84 10,242,367.99 73,272.85 Dec. 30 02 Jun. 12 03 NOK 71,125,000.00 USD - 10,000,000.00 7.1125 7.073276 10,055,453.77 10,000,000.00 55,453.77 Dec. 11 02 Dec. 15 03 NOK 73,135,000.00 USD - 9,616,699.53 7.605 7.223513 10,124,575.73 9,616,699.53 507,876.20 Dec. 12 02 Dec. 15 03 NOK 37,560,000.00 USD - 5,000,000.00 7.512 7.223513 5,199,686.39 5,000,000.00 199,686.39 Dec. 12 02 Dec. 15