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EFTA01505622

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05 12003 Account Number: Q FINANCIAL TRUST COMPANY INC May 01, 2003 - May 31, 2003 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 29 of 41 U S Dollar Activity by Date Serifement Date Type continued Quantity Description Amount USO May 1 Purchase 90,795.14 JP MORGAN INSTITUTIONAL PRIME MONEY - 90,795.14 INSTITUTIONAL CLASS SWEEP FUND (829) (SWEEP DEADLINE IS 4:30 PM EST) May 2 Spot FX - 5,000,000 SPOT CURRENCY TRANSACTION - SALE 5,499,000.00 BUY USD SELL EUR SPOT RATE : 1.099800000 TRADE 4/29/03 VALUE 5/02/03 U S DOLLAR EURO PRINCIPAL CURRENCY May 2 Buy-Back Opt 35,750,000 NOK CALL USD PUT - 148,113 00 FX EUROPEAN STYLE OPTION DEC I I , 2003 O 7.15 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 04(29/03 May 2 Write Option - 35,500,000 NOK PUT USD CALL 164,775.00 FX EUROPEAN STYLE OPTION OCT 30, 2003 Q 7.1 KNOCK-IN 7.55 WRITTEN FX OPTION PUT 35,500,000.00 NOK CALL 5,000,000.00 USD TRADE DATE 04/29/03 May 2 Buy-Back Opt 57,200,000 NOK CALL USD PUT - 240,156.00 FX EUROPEAN STYLE OPTION DEC 11. 2003 a 7.15 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 04(29/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030604 SDNY_GM_00299802 EFTA01505622

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