U 1 2003 Account Number- FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 Asset Account Portfolio January 01, 2003 - January 31, 2003 JPMorgan Private Bank Page 15 of 39 Foreign Exchange Contracts continued Settlement Trede Date One conwer Amount Darre r Cunene COunter Amount comosee Rot Current Merkel Forward Rate Market Value Reeentablel USD Merket Value peeimuso Unrealized Glumbn$USO Dec. 11 02 Dec. 15 03 NOK 38,025,000.00 USD - 5,000,000 00 7.605 7.19143 5,287,543.59 5,000,000.00 287,543.59 Dec. 12 02 Dec. 15 03 NOK 37,560,000.00 USD - 5,000,000 00 7.512 7.19143 5,222,883.30 5,000,000.00 222,883.30 Dec. 12 02 Dec. 15 03 NOK 37,465,000.00 USD - 5,000,000 00 7.493 7.19143 5,209,673.13 5,000,000.00 209,673.13 Dec. 13 02 Dec. 15 03 NOK 74,370,000 00 USD - 9,962,491 63 7.465 7.19143 10,341.475 80 9,962,491 63 378,984.17 Dec. 13 02 Dec. 15 03 NOK 37,275,000 00 USD - 5,000.000 00 7.455 7.19143 5,183,252 79 5,000,000 00 183,252.79 Dec. 13 02 Dec. 15 03 NOK 36,350,000 00 USD - 4,885.424 37 7.4405 7.19143 5,054,627 47 4,885,424 37 169,203.10 Jan. 15 03 Dec. 15 03 NOK - 71,800,000.00 USD 10,000.000 00 7.18 7.19143 10,000.000 00 9,984,105.99 15.894 01 Total Open 368,255,000.00 - 49,464,615.53 71,474,222.25 69,448,721.52 2,025,500.73 N ZEALAND DOLLAR - U S DOLLAR Jan. 10 03 Apr. 14 03 NZD 30,000,000.00 USD - 15,870,000.00 0.529 0.539408 16,182,244.98 15,870,000 00 312,244.98 SWEDISH KRONA - U S DOLLAR Dec. 12 02 Dec. 15 03 SEK 45,757,500.00 USD - 5,000,000.00 9.1515 8.787814 5,206,926.48 5,000,000.00 206,926.48 Dec. 12 02 Dec. 15 03 SEK 45,617,500.00 USD - 5,000,000.00 9.1235 8.787814 5,190,995.33 5,000,000.00 190,995.33 Total Open 91,375,000.00 - 10,000,000.00 10,397,921.81 10,000,000.00 397,921.81 S AFRICAN RAND - U S DOLLAR Jan. 14 03 Mar. 17 03 ZAR 86,200,000.00 USD - 9,599,109.13 8.98 9.7