01 12003 Account Numbe FINANCIAL TRUST COMPANY INC January 01, 2003 - January 31, 2003 JPMorgan Chase Bank 345 Park Avenue, New York. NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 24 of 39 Account Transactions by Currency S African Rand Activity Summary Amount tan Amount Period to Date Beginning Balance .00 Credits Foreign Exchange 86,200,000.00 86,200,000.00 Debits Foreign Exchange Ending Balance - 86,200,000 00 .00 - 86,200,000 00 S African Rand Activity by Date Settlement Date Type Realized Ouannty Description Gainless USD Amount Amount USD Jan 16 Spot FX 9,784,335.98 SPOT CURRENCY TRANSACTION - SALE - 86,200,000.00 - 9,784,335.98 BUY USD SELL ZAR SPOT RATE : 8.810000000 TRADE 1/14103 VALUE 1/16/03 U S DOLLAR S AFRICAN RAND Jan 16 FX Opt Asgn'D - 10,000,000 SPOT CURRENCY TRANSACTION 86,200,000.00 9,823,417.80 SETTLEMENT OF ASSIGNED FX OPTION BUY ZAR SELL USD TRADE 1/1403 VALUE 1/16/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030521 SDNY_GM_00299719 EFTA01505539