07 2003 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 17 of 65 Foreign Exchange Contracts continued Settlement Trine are an Cunene Amount Counter Cunene Counter Amount Contract Ram Current tartMet FOIWIltd Rem Market Value ~Men VSO Market value WYaoa (ASO Unrealized Gunton USO Jan. 15 03 Dec. 15 03 CHF - 13,765000.00 USD 10,000,000 00 1.3765 1.368689 10,000,000.00 10,057,071.62 - 57,071.62 Apr. 24 03 Dec. 15 03 CHF - 7,770.500.00 USD 5,747,411 24 1.352 1.368689 5,747,411.24 5.677,332.00 70,079.24 Total Open 25,982,500.00 - 19,252,588.76 50,448,628.26 50,734,403.62 - 285,775.36 EURO CURRENCY - NORWEGIAN KRONE Jul. 31 03 Aug. 18 03 EUR 10,000,000.00 NOK - 81,893,000.00 8.1893 8.159615 11,249,492 81 11,290,418 63 - 40,925.82 EURO CURRENCY - U S DOLLAR Jul. 3 03 Aug. 7 03 EUR 10,000,000.00 USD - 11,470,000.00 1.147 0.888636 11,253,198.96 11,470,000.00 - 216,801.04 Jul. 15 03 Aug. 7 03 EUR - 10,000,000.00 USD 11,193,000.00 1.1193 0.888636 11,193,000.00 11,253,198.96 • 60,198.96 Total Closed 0.00 - 277,000.00 22,446,198.96 22,723,198.96 - 277,000.00 Jul. 31 03 Aug. 18 03 EUR - 5,000,000.00 USD 5,611,500.00 1.1223 0.888929 5,611,500.00 5,624,746.40 • 13,246.40 Total - 5,000,000.00 5,334,500.00 28,057,698.96 28,347,945.36 - 290,246.40 POUND STERLING - U S DOLLAR Jul. 25 03 Dec. 15 03 GBP 10,000,000.00 USD • 16,102,000.00 1.6102 1.593448 15,934,476.09 16,102,000.00 - 167,523.91 MEXICAN NEW PESO - U S DOLLAR Jun. 17 03 Dec. 19 03 MXN 107,925,000.00 USD - 10,000,000.00 10.7925 10.673532 10,111,461.08 10,000,000.00 111,461.08 Jul. 16 03 Dec. 19 03 MXN - 107,925,000.00 USD 10.172,007 54 10.61 10.673532 10.172,007.54 10.111.461 08 60.546 46 Total Closed 0.00 172,007.54 20,283,468.62 20,111,461.08 172,