07 JPMorgan Chase Bank 2003 345 Park Avenue, New York, NY 10154-1002 Account Number FINANCIAL TRU NC Asset Account Portfolio July 01, 2003 - July 31, 2003 JPMorgan Private Bank Page 18 of 64 Foreign Exchange Contracts Settletnent Traele Oete Otte Cuirene continued Angurrt couner curnmr COunter Antount cmnseeROM Conen( Mannet Forward Rage Market Market Value PO bin USD Unreellzerr GlutVLOSS USD Value Reeentaten USD Jun. 12 03 Oct. 22 03 NZD - 25,000,000.00 USD 14,225,000.00 0.569 0.574414 14,225,000.00 14,360,360.35 - 135,360.35 Total Closed 0.00 504,000.00 45,736,576.56 45,232,576.56 504,000.00 Jul. 15 03 Aug. 7 03 NZD - 25,000,000.00 USD 14,450,000.00 0.578 0.579249 14,450,000.00 14,481,231.50 - 31,231.50 Jul. 24 03 Aug. 7 03 NZD 15,000,000 00 USD - 8,736,000.00 0.5824 0.579249 8,688,738 90 8,736,000 00 - 47,261.10 Jul. 1 03 Dec. 15 03 NZD 30,000,000 00 USD - 17,550,000.00 0.585 0.571156 17,134.685 31 17,550.000 00 - 415,314 69 Total Open 20,000,000.00 - 11,836,000.00 40,273,424.21 40,767,231.50 - 493,807.29 Total 20,000,000.00 -11,332,000.00 86,010,000.77 85,999,808.06 10,192.71 Total Foreign Exchange Contracts 296,619,052.23 295,282,283.03 1,336,769.20 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030842 SDNY_GM_00300040 EFTA01505857