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EFTA01506769

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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 II3JPMorgan Private Bank Asset Account Portfolio Page 47 of 88 N Zealand Dollar Activity by Date continued Settlement Dare Mar 15 Mar 15 Mar 15 Mar 15 Mar 17 type Quantity Spot FX 6,430,000 Spot FX 6,475,000 Spot FX - 6,482,000 Spot FX 3,237,500 Fwd FX Ctrct 6,753,000 Description Realized thiliVLOSS USD Amount Amount USD SPOT CURRENCY TRANSACTION - SALE - 10,000,000.00 - 6,430,000.00 BUY USD SELL NZD SPOT RATE : 0.643000000 TRADE 3/11/04 VALUE 3/15/04 U S DOLLAR N ZEALAND DOLLAR SPOT CURRENCY TRANSACTION - SALE - 10,000,000.00 - 6,475,000.00 BUY USD SELL NZD SPOT RATE : 0.647500000 TRADE 3/11/04 VALUE 3/15/04 U S DOLLAR N ZEALAND DOLLAR SPOT CURRENCY TRANSACTION - BUY 10,000,000.00 6,482,000.00 BUY NZD SELL USD SPOT RATE : 0.648200000 TRADE 3/11/04 VALUE 3/15/04 N ZEALAND DOLLAR U S DOLLAR SPOT CURRENCY TRANSACTION - SALE - 5,000,000.00 - 3,237,500.00 BUY USD SELL NZD SPOT RATE : 0.647500000 TRADE 3/11/04 VALUE 3/15/04 U S DOLLAR N ZEALAND DOLLAR SETTLE FORWARD CURRENCY CONTRACT - 45,268.75 - 10,000,000.00 - 6,470,397.92 BUY USD SELL NZD CONTRACT RATE : 0.675300000 TRADE 3/09/04 VALUE 3/17/04 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031758 SDNY_GM_00300956 EFTA01506769

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