12 JPMurgan Chase Bank 2003 345 Park Avenue, New York, NY 10154-1002 Account Number- FINANCIAL TRUST COMPANY INC Portfolio Summary EaCep! kr the Deposl Account (I eleckNI) end the cosh in your Assel /frongnt rvhch are wiScand deposttS *WI JAWS none OMB inbildbnenIS relayed kr terfnu stefornen, of pa Asset Actaiat widuitng mutual fund., We FDIC .n3vreil a ben* depOatts ob99 9b593 0 69 9€69,903964 by JPVCa a any Of 44 ben* a ova affnates (unless OThervose in:hailed) Sod) seavoLes end a itieSsIm901.9 ert saw< f 10 reestment risks. ntud✓y paned. bss a me poCipal amtkoll oveaid See Impretent Intonation about )Oct JA4SI &awn* Account" oil thst end alba Asset Account PolkAo Asset Account Portfolio December 01, 2003 - December 31, 2003 JPMorgan Private Bank Page 4 of 44 Overview Cash & Short Term Equities Other Options Total Foreign Exchange Accrued Income Total Portfolio Value Natter Value USD Dec 91 27,555,114.03 13,505,316.64 Nance Value USD Nov10 13,356,137.28 14,601,423.50 Tax Cost USD 27,555,114.03 Estimated Annus: Income USD 260,946.92 Yield 96 1.0 0.0 47,477,809 70 57,781,004 73 45,268,400 02 0.0 4.382.195 11 707,732 19 1,951,307.80 N/A N/A 92,920,4.35.48 86,446,297.70 74,774,821.85 260,946.92 0.3 1,615,219.80 3,991,083.59 16,460.75 17,845.69 94,552,116.03 90,455,226.98 Asset Allocation 31% Cash and Short Term I I 15% Equities 54% Other Market value of Options is not included in pie chart. Income Summary Taxable Interest Dividends Total This Period USD Year to Date USD' 258,350.00 17,845.69 723,829.75 17,845.69 982,179.75 Net Gain/Loss Summary Realized Due Penod USD Resided Year to Date USD' Unrealized USD Net Short Term Gain/Loss 5,148,739.91 12,676.331 10 4,923,483.60 Net Long Term Gain/Loss - 283,186 67 Total 5,148,739.91 12,676,331.10 4,640,296.93 'Year to date information is calculated on a calendar year basis. Exchange Rates Spot Rates as of December 31, 2003 Cu