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 14 of 65 Descripoon Cupp Amount Courier Currency Counter Premium Amount Currency Premium Local Premum USD Current Market Value USD Unrealized awnless USD Foreign Exchange continued NZO PUT USD CALL NZD - 20,000,000 USD - 11,600,000.00 USD - 336,400.00 - 336,400.00 - 305,995.40 30,404.60 FX EUROPEAN STYLE OPTION NOV 03.2003 O .58 XNZDPA-BS-Z EUR PUT USD CALL EUR - 50,000,000 USD - 54,000,000.00 USD - 496,800.00 - 496,800.00 - 391,981.00 104,819.00 FX EUROPEAN STYLE OPTION NOV 14, 2003 @ 1.08 XEURPA-KE-Z P AUD CALL USD PUT AUD 15,000,000 USD 9,825,000.00 USD 201,413.00 201,413.00 0.00 - 201,413.00 FX EUROPEAN STYLE OPTION JAN 29. 2004 .655 XAUDCA-BK-Z P AUD PUT USD CALL AUD - 15,000,000 USD - 9,825,000.00 USD - 211,238.00 - 211,238.00 0.00 211,238.00 FX EUROPEAN STYLE OPTION OCT 30. 2003 0 .655 KNOCK IN @ .6325 XAUDPA-CA-Z P EUR PUT USD CALL EUR 75,000,000 USD 78,750,000.00 USD 236,250.00 236,250.00 0.00 - 236,250.00 FX EUROPEAN STYLE OPTION OCT 31, 2003 O 1.05 XEURPA-KS-Z P EUR PUT USD CALL EUR 45,000,000 USD 50,400,000.00 USD 660,240.00 660,240.00 0.00 - 660,240.00 FX EUROPEAN STYLE OPTION SEP 15. 2003 @ 1.12 XEURPA-KT-Z P EUR PUT USD CALL EUR - 45,000,000 USD - 49,500,000.00 USD - 277,200.00 - 277,200.00 0.00 277,200.00 FX EUROPEAN STYLE OPTION SEP 15. 2003 1.1 XEURPA-KU-Z Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030773 SDNY_GM_00299971 EFTA01505790