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EFTA01505861

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07 12003 Account Number- FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 Asset Account Portfolio July 01, 2003 - July 31, 2003 JPMorgan Private Bank Page 22 of 64 Trudy Statement Date Date TYR* Description Currency Quantity Putnam( Market CostProceeds Tax Cost Realized &tenants DSO Settled continued Jul 8 Jul 10 Write Option GBP PUT USD CALL USD - 8,000,000 1.90 247,000 00 FX EUROPEAN STYLE OPTION NOV 06, 2003 Q 1.625 KNOCK IN Q 1.6150 Jul 11 Jul 11 Expired Opt NOK CALL USD PUT USD - 67,500,000 0.00 - 146,000.00 • 146,000.00 S FX EUROPEAN STYLE OPTION JUL 11, 2003 fp 6.75 Jul 15 Jul 17 Purchase Opt EUR PUT USD CALL USD 84,000,000 0.32 - 282,240.00 FX EUROPEAN STYLE OPTION OCT 15, 2003 0 1.05 Jul 15 Jul 17 Buy-Back Opt NZO PUT USD CALL USD 20,000,000 - 381,875.00 213,850.00 - 168,025.00 S FX EUROPEAN STYLE OPTION OCT 01, 2003 @ .5875 KNOCK IN TRIGGERED Q.5775 Jul 15 Jul 17 Write Option NZD PUT USD CALL USD - 20,000,000 2.90 336,400.00 FX EUROPEAN STYLE OPTION NOV 03. 2003 @ .58 Jul 16 Jul 18 Purchase Opt EUR PUT USD CALL USD 50,000,000 1.59 - 874,500.00 FX EUROPEAN STYLE OPTION NOV 14. 2003 Q 1.1 Jul 16 Jul 18 Write Option EUR PUT USD CALL USD - 50,000,000 0.92 496,800.00 FX EUROPEAN STYLE OPTION NOV 14, 2003 Q 1.08 Jul 23 Jul 25 Sell Option EUR PUT USD CALL USD - 84,000,000 56,976.00 - 282,240.00 - 225,264.00 S FX EUROPEAN STYLE OPTION OCT 15.2003 Q 1.05 Jul 23 Jul 25 Sell Option EUR PUT USD CALL USD - 50,000,000 429,850.00 - 874,500.00 - 444,650.00 S FX EUROPEAN STYLE OPTION NOV 14, 2003 Q 1.1 Jul 24 Jul 29 Buy-Back Opt NW CALL USD PUT USD 20,000,000 - 66,550.00 122,210.00 55,660.00 S FX EUROPEAN STYLE OPTION OCT 01, 2003 Q .605 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030846 SDNY_GM_00300044 EFTA01505861

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