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 26 of 65 rude Ode Settlement Ode Currency Amount Munger Counter Grammy Amount Contract Rate Reyaluab0n Rate Contracted Base Amount USD Revalued Anieunl USD Realised MINLose Settled Foreign Exchange Contracts continued Dec 13 02 Jul 10 03 GBP 5,000.000.00 USD - 7,732,752.57 1.546551 1.628532 - 7,732,752.57 8,142,659.39 409,906.82 Jun 6 03 Jul 10 03 GBP - 5,000,000.00 USD 8,137,277.88 1.627456 1.628532 8,137,277.88 - 8,142,659.39 - 5,381.51 JAPANESE YEN - U S DOLLAR Dec 13 02 Jul 10 03 JPY 1,186,500,000.00 USD - 9,951,422.14 119.229190 117.890000 - 9,951,422.14 10,064,466.87 113,044.73 Jan 23 03 Jul 10 03 JPX 1,186,500,000.00 USD 10,122,042.32 117.219427 117.890000 10,122,042.32 - 10,064,466.87 57,575.45 NORWEGIAN KRONE - U S DOLLAR Jun 16 03 Jul 2 03 NOK -55,273,600.00 USD 8,000,000.00 6.909200 7.158000 8,000,000.00 - 7,721,933.50 278,066.50 Jul 1 03 Jul 2 03 NOK 55,273,600.00 USD - 7,741,400.56 7.140000 7.140000 - 7,741,400.56 7,741,400.56 Jun 10 03 Jul 14 03 NOK 31,948,750.00 USD - 4,544,630.16 7.030000 7.379500 - 4,544,630.16 4,329,392.23 - 215,237.93 Jul 1 03 Jul 14 03 NOK -55,273,600.00 USD 7,732,195.56 7.148500 7.379500 7,732,195.56 - 7,490,155.15 242,040.41 Jul 8 03 Jul 14 03 NOK 36,448,000.00 USD - 5,000,000.00 7.289600 7.379500 - 5,000,000.00 4,939,088.01 - 60,911.99 Jul 11 03 Jul 14 03 NOK - 13,123,150.00 USD 1,786,191.64 7.347000 7.379500 1,786,191.64 - 1,778,325.09 7,866.55 Jul 11 03 Jul 23 03 NOK 13,123,150.00 USD - 1,785,219.70 7.351000 7.248250 - 1,785,219.70 1,810,526.67 25,306.97 Jul 23 03 Jul 23 03 NOK - 13,123,150.00 USD 1,798,923.92 7.295000 7.248250 1,798,923.92 - 1,810,526.67 - 11,602.75 N ZEALAND DOLLAR - U S