07 12003 Account Number: FINANCIAL TRUST COMPANY INC July 01, 2003 - July 31, 2003 JPMorgan Chase Bank 345 Park Avenue. New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 36 of 65 Euro Currency Activity by Date continued Statement Dare type Ouannty Jul 18 Spot FX Jul 18 Spot FX Jul 24 Fwd FX Ctrct Jul 24 Fwd FX Ctrct Jul 24 Fwd FX Ctrct 13,460,400 - 13,461,600 - 11,602,000 17,178,000 - 5,774,000 Description Realized thiliVLOSS USD Amount Amount USD SPOT CURRENCY TRANSACTION - SALE - 12,000,000.00 - 13,460,400.00 BUY USD SELL EUR SPOT RATE : 1.121700000 TRADE 7/17/03 VALUE 7118/03 U S DOLLAR EURO PRINCIPAL CURRENCY SPOT CURRENCY TRANSACTION - BUY 12,000,000.00 13,461,600.00 BUY EUR SELL USD SPOT RATE : 1.121800000 TRADE 7/17/03 VALUE 7118/03 EURO PRINCIPAL CURRENCY U S DOLLAR SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 11,485,012.05 BUY EUR SELL USD CONTRACT RATE : 1.160200000 TRADE 6/20/03 VALUE 7/24/03 SETTLE FORWARD CURRENCY CONTRACT 0.01 - 15,000,000.00 - 17,227,518.08 BUY USD SELL EUR CONTRACT RATE : 1.145200000 TRADE 6/24103 VALUE 7/24/03 SETTLE FORWARD CURRENCY CONTRACT 5,000,000.00 5,742,506.02 BUY EUR SELL USD CONTRACT RATE : 1.154800000 TRADE 7/01/03 VALUE 7/24/03 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030924 SDNY_GM_00300122 EFTA01505939