05 I 2003 Account Number FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio May 01, 2003 - May 31, 2003 JPMorgan Private Bank Page 17 of 41 Foreign Exchange Contracts Settlement Traele Ouit Clate Curenty continued Amount COunter Currene Counter ATOM( Contra« Rate Conen( Adere« Fotoveld Rare Market Yak* Reeelvainte USO Market Value PO bin tASO Unrealla er? Ottunt 8:45 USO Apr. 24 03 Dec. 15 03 NOK - 72,625,000.00 USD 10,000,000.00 7.2625 6.809336 10,000,000.00 10,665,504.36 - 665,504.36 May. 21 03 Dec. 15 03 NOK - 68.490.000.00 USD 10,000,000.00 6.849 6.809336 10,000,000.00 10,058,249.83 - 58,249.83 Total Open 204,530,250.00 - 25,691,539.78 127,708,516.91 123,163,452.78 4,545,064.13 N ZEALAND DOLLAR - U S DOLLAR Apr 16 03 Oct 22 03 NZD 20,000,000 00 USD - 10,936,000.00 0.5468 0.568399 11,367,978. 32 10,936,000 00 431,978.32 May. 803 Oct 22 03 NZD 20,000,000 00 USD - 11,320,000.00 0.566 0.568399 11,367.978 32 11,320.000 00 47,978 32 Total Open 40,000,000.00 - 22,256,000.00 22,735,956.64 22,256,000.00 479,956.64 SWEDISH KRONA - U S DOLLAR Dec. 12 02 Dec. 15 03 SEK 45,757,500.00 USD - 5,000,000.00 9.1515 7.847314 5,830,976.10 5,000,000.00 830,976.10 Dec. 12 02 Dec. 15 03 SEK 45,617,500.00 USD - 5,000,000.00 9.1235 7.847314 5,813,135.60 5,000,000.00 813,135.60 Mar. 12 03 Dec. 15 03 SEK - 91,375,000.00 USD 10,621,294.90 8.603 7.847314 10,621,294.90 11,644,111.70 - 1,022,816.80 Total Closed 0.00 621,294.90 22,265,406.60 21,644,111.70 621,294.90 Total Foreign Exchange Contract♦ 458,572,356.63 447,866,957.03 10,705,399.60 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030592 SDNY_GM_00299790 EFTA01505610