07 12003 Account Number: FINANCIAL TRUST COMPANY INC July 01, 2003 - July 31, 2003 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 13 of 65 DescrIpoon Cusip Amount Courser Currency Counter Premium Amount Currency Premium Local Premum USD Current Market Value USD Unrealized Gainless USD Foreign Exchange continued EUR PUT USD CALL EUR - 14,000,000 USD - 16,100,000.00 USD - 243,110.00 - 243,110.00 - 483,348.74 - 240,238.74 FX EUROPEAN STYLE OPTION OCT 01, 2003 a 1.15 KNOCK IN TRIGGERED a 1.14 XEURPA-JVV-Z EUR CALL USD PUT EUR 14,000,000 USD 16,240,000.00 USD 302,064.00 302,064.00 82,832.40 - 219,231.60 FX EUROPEAN STYLE OPTION OCT 01. 2003 a 1.16 XEURCA-RU-Z NZD CALL USD PUT NZD 20,000,000 USD 11,900,000.00 USD 217,770.00 217,770.00 70,995.80 - 146,774.20 FX EUROPEAN STYLE OPTION OCT 01, 2003 a .595 XNZDCA-AV-Z AUD PUT USD CALL AUD - 35,000,000 USD - 23,450,000.00 USD - 639,341.00 - 639,341.00 - 1,257,981.20 - 618,640.20 FX EUROPEAN STYLE OPTION DEC 16.2003 a .67 KNOCK IN 0.6550 XAUDPA-BR•Z AUD PUT USD CALL AUD - 10,000,000 USD - 6,600,000.00 USD - 181,500.00 - 181,500.00 - 315,986.30 - 134,486.30 FX EUROPEAN STYLE OPTION APR 08, 2004 a .66 KNOCK OUT @ .680 XAUDPA-BV-Z GBP PUT USD CALL GBP - 8,000,000 USD - 13,000,000.00 USD - 247,000.00 - 247,000.00 - 351,331.60 - 104,331.60 FX EUROPEAN STYLE OPTION NOV 06, 2003 a 1.625 KNOCK IN TRIGGERED a 1.6150 XGBPPA-FS-Z Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030772 SDNY_GM_00299970 EFTA01505789