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 34 of 64 Euro Currency Activity by Date Settlement Date TYR< continued Quantity Desscription Realized amount GanaLoss USD amount USD Jul 10 Fwd FX Ctrct - 1,503,162.31 SETTLE FORWARD CURRENCY CONTRACT 1,500,000.00 1,701,548.40 BUY EUR SELL USD CONTRACT RATE : 1.002108200 TRADE 12/12/02 VALUE 7/10/03 Jul 10 Fwd FX Ctrct - 11,070,160.76 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 11,343,656.06 BUY EUR SELL USD CONTRACT RATE : 1.107016100 TRADE 4/30/03 VALUE 7/10/03 Jul 10 Fwd FX Ctrct - 11,278,392.57 SETTLE FORWARD CURRENCY CONTRACT 10,000,000.00 11,343,656.06 BUY EUR SELL USD CONTRACT RATE : 1.127839300 TRADE 5/07/03 VALUE 7/10/03 Jul 10 Fwd FX Ctrct 8,600,693.21 SETTLE FORWARD CURRENCY CONTRACT - 7,500,000.00 - 8,507,742.04 BUY USD SELL EUR CONTRACT RATE : 1.146759100 TRADE 6/06/03 VALUE 7/10/03 Jul 17 Spot FX - 22,380,000 SPOT CURRENCY TRANSACTION - BUY 20,000,000.00 22,380,000.00 BUY EUR SELL USD SPOT RATE : 1.119000000 TRADE 7/15/03 VALUE 7/17/03 EURO PRINCIPAL CURRENCY U S DOLLAR Jul 17 Spot FX 22,396,000 SPOT CURRENCY TRANSACTION - SALE - 20,000,000.00 - 22,396,000.00 BUY USD SELL EUR SPOT RATE : 1.119800000 TRADE 7/15/03 VALUE 7/17/03 U S DOLLAR EURO PRINCIPAL CURRENCY Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00030987 SDNY_GM_00300185 EFTA01506001