0 1 12004 Account Number: FINANCIAL TRUST COMPANY INC January 01, 2004 - January 31, 2004 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 34 of 53 Account Transactions by Currency S African Rand Activity Summary Amount this Penod Amount lo oan Beginning Balance .00 Credits Foreign Exchange 65,385,000.00 65,385,000.00 Debits Foreign Exchange - 65,385,000.00 - 65,385,000 00 Ending Balance .00 S African Rand Activity by Date Statement Date Type Summit Detenplien Realized Amount Gamlen USD Amount USD Jan 20 Fwd FX Ctrct - 5,000,000 SETTLE FORWARD CURRENCY CONTRACT 33,190,000.00 4,637,093.95 BUY ZAR SELL USD CONTRACT RATE : 6.638000000 TRADE 12/18/03 VALUE 1/20/04 Jan 20 Fwd FX Ctrct 5,275,790.81 SETTLE FORWARD CURRENCY CONTRACT - 33,190,000.00 - 4,637,093.95 BUY USD SELL ZAR CONTRACT RATE : 6.291000000 TRADE 1/06/04 VALUE 140/04 Jan 20 Fwd FX Ctrct - 5,000,000 SETTLE FORWARD CURRENCY CONTRACT 32,195,000.00 4,498,078.93 BUY ZAR SELL USD CONTRACT RATE : 6.439000000 TRADE 12/16/03 VALUE 1/20/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031576 SDNY_GM_00300774 EFTA01506588