07 12003 Account Number- FINANCIAL TRUST COMPANY INC Portfolio Summary EaCea b' the Deposl Account ( eleck.d) and the cash in your Asset Aro-.int which ere thawed data:34S *WI JAWS none OMB inbildanenIS relayed IO in Ms stefem$14 a our Asset Attain/ wieludIng mutual fund., We FDIC matted a ben* Oopostts obtObms as 9thwaNeed by JRWCa Or any Of 44 Imo a own affaites (unless &hen'''. in:Lc:sled) Suet) searrioes end a itieSsIm9O1.9 ert saw< f 10 investment risks. rnctudog pOss le bas a In onnescal emOunt oveaRid See ImpOlent infonahon about our JPSASI Brawn* Account" is! Me end of Ma Asset Accounl PolkAo JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio July 01, 2003 - July 31, 2003 JPMorgan Private Bank Page 4 of 65 Overview Cash & Short Term Equities Other Options Total Foreign Exchange Accrued Income Total Portfolio Value Mairket Vela USD Jul ft Market Value USD Jun X Tax Cost USD Estimated Annual Income USD Yield 18,766,768.20 38,510,764.12 18,766,768.20 177,721 29 10 14,721,435.20 16,201,57a50 00 57,295,520.00 37,044,260.00 58,181,000.03 00 - 6,678,400.99 - 3,190,771.77 - 1,035,559.00 N/A N/A 84,105,322.41 88,565,831.85 75,912,209.23 177,721.29 0.2 1,292,625.02 7,797,636.59 17,377.66 44,796.88 85,415,325.09 96,408,265.32 Asset Allocation I 21% Cash and Short Term El 16% Equities K 63% Other Market value of Options is not included in pe chart. Income Summary Taxable Interest Dividends Total This Period USD 44,796.88 44,796.88 Year to One USD' 258,350.00 602,034.52 860,384.52 Net Gain/Loss Summary Net Short Term Gain/Loss Total Realized Thts Penal USD Rafted Marto Dem USD' 5,949,334.23 8,256,106.41 5,949,33423 8,256,106.41 'Year to date information is calculated on a calendar year basis. Untreated USD - 6,528,322.09 - 8,528,322.09 Exchange Rates Spot Rates as of July 31.2003 Cunency AUD CHF EUR Exchange Rate 0.6481 1.3730 1.1256 Con