O 1 JPMorgan Chase Bank 2003 345 Park Avenue, New York, NY 10154-1002 Account Nunbernina FINANCIAL TRUST COMPANY INC Asset Account Portfolio January 01, 2003 - January 31, 2003 JPMorgan Private Bank Page 14 of 39 Foreign Exchange Contracts continued Settlement Träge an One Curnene Amouret Counter Curreem Counter AMOUIll Commet Rate Current Minnet FonearO Rate Adarket Value Reeelvatem USO Market Value Pa Wes USO Unreallzed GerneLoss USO Dec. 13 02 Dec. 15 03 CHF 14,290,000.00 USD - 10,000,000.00 1.429 1.358214 10,521,168.63 10,000,000.00 521,168.63 Jan. 15 03 Dec. 15 03 CHF - 13.765.000.00 USD 10,000.000.00 1.3765 1.358214 10,000.000.00 10,134,631.64 - 134.631.64 Total Open 21,683,000.00 - 15,000,000.00 56,032,605.45 55,123,415.94 909,189.51 Total 21,683,000.00 - 14,949,312.09 76,260,125.39 75,300,247.97 959,877.42 EURO CURRENCY - U S DOLLAR Dec 11 02 Jun. 12 03 EUR 5,000,000.00 USD - 5,030,000 00 1.006 0.93635 5,339,883.33 5,030,000.00 309,883.33 Dec 12 02 Dec 15 03 EUR 5,000,000.00 USD - 5.044,000 00 1.0088 0.9414 5,311,238 33 5,044,000.00 267,238.33 Dec. 12 02 Dec. 15 03 EUR 1,500,000.00 USD - 1,510,500.00 1.007 0.9414 1,593,371.49 1,510,500.00 82,871.49 Total Open 11,500,000.00 - 11,584,500.00 12,244,493.15 11,584,500.00 659,993.15 POUND STERLING - U S DOLLAR Jan. 30 03 Mar. 3 03 GBP - 500,000.00 USD 823,500.00 1.647 1.640235 823,500.00 820,117.58 3,382.42 Jan. 30 03 Mar. 303 GBP - 2,000,000.00 USD 3,296,200.00 1.6481 1.640235 3,296,200.00 3,280,470.33 15,729.67 Dec. 13 02 Dec. 15 03 GBP 5,000,000.00 USD - 7,770,500.00 1.5541 1.609761 8,048,806.66 7,770,500.00 278,306.66 Total Open 2,500,000.00 - 3,650,800.00 12,168,506.66 11,871,087.91 297,418.75 JAPANESE YEN - U S DOLLAR Dec. 13 02 Dec. 15 03 JPY 1,186,500,000.00 USD • 10,000,000.00 118.65 118.459482 10,016,082.98 10,000,000 00 16,082.98 Jan. 23 03 Dec. 15 03 JPY -1,