O JPMorgan Chase Bank 7 2003 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY INC Asset Account Portfolio July 01, 2003 - July 31, 2003 Account Transactions by Currency N Zealand Dollar Activity Summary Amount this PHILO AmOunt ro Dan Beginning Balance .00 Credits Foreign Exchange 84,000,000.00 124,000,000 00 Debits Purchases of Securities - 17,000,000.00 - 17,000,000 00 Foreign Exchange - 47,000,000.00 - 107,000,000 00 Ending Balance .00 JPMorgan Private Bank Page 38 of 65 N Zealand Dollar Activity by Date Swiemem One Type Quantity Desalpaon Roam, Amount Gant= u3O Amount USD Jul 2 Fwd FX Ctrct - 17,643,000 SETTLE FORWARD CURRENCY CONTRACT 30,000,000.00 17.833.259.02 BUY NZD SELL USD CONTRACT RATE : 0.588100000 TRADE 8/24/03 VALUE 7/02/03 Jul 2 Spot FX 17,850,000 SPOT CURRENCY TRANSACTION • SALE - 30,000,000.00 - 17,850,000.00 BUY USD SELL NZD SPOT RATE : 0.595003030 TRADE 7/01/03 VALUE 7/02/03 U S DOLLAR N ZEALAND DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030797 SDNY_GM_00299995 EFTA01505813