06 I2003 Account Number: FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio June 01, 2003 - June 30, 2003 JPMorgan Private Bank Page 16 of 51 Foreign Exchange Contracts continued Settlement Tra44 are an Current Amount Counter Cunene Counter Amant Convect Rat* Current Market FOnvardAnt Market Value Receivables USD Market Value Pt. Wes (ASO Unrealized GakvLoss USO Jun. 603 May. 10 04 EUR - 7,500,000.00 USD 8,683,500.00 1.1578 0.877568 8,683,500.00 8.546,343 39 137,156.61 Total Open 7,500,000.00 - 8,533,600.00 73,977,054.16 73,960,243.18 16,810.98 Total 7,500,000.00 - 6,378,600.00 169,245,171.11 167,073,360.12 2,171,810.99 POUND STERLING - U S DOLLAR Dec 13 02 Dec 15 03 GBP 5,000,000.00 USD - 7,770,500 00 1.5541 1.631784 8,158,919.84 7,770,500 00 388,419.84 Jun 6 03 Dec 15 03 GBP - 5,000,000.00 USD 8,177,000.00 1.6354 1.631784 8,177,000.00 8,158,919 84 18,080 16 Total Closed 0.00 406,500.00 16,335,919.84 15,929,419.84 406,500.00 JAPANESE YEN - U S DOLLAR Dec. 13 02 Dec. 15 03 JPY 1,186,500,000.00 USD - 10,000,000.00 118.65 119.421422 9,935,403.35 10,000,000.00 - 64,596.65 Jan. 23 03 Dec. 15 03 JPY - 1,186,500,000.00 USD 10,171,453.06 116.65 119.421422 10,171,453.06 9,935,403.35 236,049.71 Total Closed 0.00 171,453.06 20,106,856.41 19,935,403.35 171,453.06 MEXICAN NEW PESO - U S DOLLAR Jun. 17 03 Dec. 19 03 MXN 107,925,000.00 USD - 10,000,000.00 10.7925 10.669042 10,115,716.35 10,000,000 00 115,716.35 NORWEGIAN KRONE - U S DOLLAR Jun. 16 03 Jul. 2 03 NOK - 55,273,600.00 USD 8,000,000.00 6.9092 7.219707 8,000,000.00 7,655,934.28 344,065.72 Jun. 10 03 Jul. 14 03 NOK 31,948,750.00 USD - 4,544,630.16 7.03 7.227547 4,420,414.22 4,544,630.16 - 124,215.94 Dec. 11 02 Dec. 15 03 NOK 73,135,000.00 USD - 9,616,699.53 7.605 7.29396 10,026,788.02 9,616,699.53 410,088.49 Dec. 11