03 Account Number FINANCIAL TRUST COMPANY INC March 01, 2004 - March 31, 2004 JPMorgan Chase Bank 2004 345 Park Avenue, New York, NY 10154-1002 II3 JPMorgan Private Bank Asset Account Portfolio Page 46 of 88 N Zealand Dollar Activity by Date continued Settlement Date Mar 15 Mar 15 Mar 15 Mar 15 Mar 15 Mar 15 Mar 15 type Quantity Fwd FX Ctrct 6,637,000 Fwd FX Ctrct 6,669,000 Fwd FX Ctrct - 3,391,500 Fwd FX Ctrct 3,442,500 Fwd FX Ctrct 6,634,000 Fwd FX Ctrct - 9,979,500 Spot FX - 6,502,000 Dasenption SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.663700000 TRADE 1/05/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.666900000 TRADE 1/07104 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY NZD SELL USD CONTRACT RATE : 0.678300000 TRADE 1/09/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.688500003 TRADE 3/01/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.663400000 TRADE 3/10/04 VALUE 3/15/04 SETTLE FORWARD CURRENCY CONTRACT BUY NZD SELL USD CONTRACT RATE : 0.665300000 TRADE 3/10/04 VALUE 3/15/04 SPOT CURRENCY TRANSACTION - BUY BUY NZO SELL USD SPOT RATE : 0.650200000 TRADE 3/11/04 VALUE 3/15/04 N ZEALAND DOLLAR U S DOLLAR Realized OtaiVLosa USD amount amount USD - 26,631.32 - 10,000,000.00 - 6,412,106.05 - 26,631.32 - 10,000,000.00 - 6,412,106.05 5,000,000.00 3,206,053.02 - 13,315.66 - 5,000,000.00 - 3,206,053.02 - 26,631.32 - 10,000,000.00 - 6,412,106.05 15,000,000.00 9,618,159.08 10,000,000.00 6,502,000.00 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031757 SDNY_GM_00300955 EFTA01506768