11 12003 Account Number- FINANCIAL TRUST COMPANY INC Portfolio Summary Exec.! la the Depose Account (feeded) end the cosh in your Asset Aro-vnt which are neusco deposnS votn JPMCB none 01~ inveanenes relayed ton feta statement of put Asset ACCCont .riduitno mutual/QM, we FDIC ensured a beak depoatts ObtObAnS Of C• Quetergeed by JI3MCB Or any Of ea bane ce own anat., (unless Offlerm,90 sedclefed) SW, seCunte$ Otnew ofeefln901.9 su05«, » refstment riSks. rag:Axing paneb Ian 00 Me pooped11~01 vwesSed See 'Imecitent Inkernoton about >our JPMS9 &dew* Account" •2 the en1 of Ma Asset Meow,' Potlab JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio November 01, 2003 - November 30, 2003 JPMorgan Private Bank Page 4 of 61 Overview Cash & Short Term Equities Other Options Total Foreign Exchange Accrued Income Total Portfolio Value Market Value USD Nov al) 13,356,137.28 14,601,423.50 Market Value US& Dan 27,106,611 74 13,201,287 00 Tax Cost USO 13,356,137.28 Estimated Annual Income USO 124,212 07 Trek, % 0.9 0.0 57,609,760 77 41,682,800 00 56,978,400 03 0.0 707,732 19 - 2.949.017 60 - 109.100 00 N/A N/A 86,275,053.74 79,041,681.14 70,225,437.31 124,212.07 0.1 3,991,083.59 3,491,953.54 17,845.69 47,515.29 90,283,983.02 82,581,149.97 Asset Allocation 16% Cash and Short Term 17% Equities El 67% Other Market value of Options is not included in pie chart. Income Summary Taxable Interest Dividends Total This Period LIED Thar to Date UST" 258,350.00 47,515.29 705,984.06 47,515.29 964,334.06 Net Gain/Loss Summary Net Short Term Gain/Loss Net Long Term Gain/Loss Realized This Penoct 030 4,355,591.20 Realized Year to Date USO' 7,197,491.19 Unrealized 050 1,730,696.59 - 282,503.63 Total 4,355,591.20 7,197,491.19 1,448,192.96 'Year to date information is calculated on a calendar year basis. Exchange Rates Spot Rates as of November 30, 2003 Currency AUD CHF