0 1 12005 Account Number FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank, N.A. 345 Park Avenue. New York, NY 10154-1002 Asset Account Portfolio January 01, 2005 - January 31, 2005 Outstanding Foreign Exchange Contracts Net Currency Exposure Summary U S Dollar Value at Currency 945,399 45 JPMorgan Private Bank Page 12 of 29 Gain/Loss Summary Total Unrealized Closed Total Unrealized Gain/Loss Value on USO 945,399.47 945,399.47 Foreign Exchange Contracts Settlement Trade Date Date Currency Amount Counter Currency Counter Amount Contract Rate Current Manna Forward Rare Marlin Value Recaaaaes USD Makes Verve Royalties USD Unreslant Gametes, USD SPECULATIVE DOLLAR AUSTRALIA DOLLAR - U S Oct 804 Apr. 12 05 AUD 10,000,000.00 USD - 7,214,000.00 0.7214 0.770781 7,707,810.72 7,214,000.00 493,810.72 Dec. 22 04 Apr. 12 05 AUD - 10,000,000.00 USD 7,580,000.00 0.758 0.770781 7,580,000.00 7,707,810.72 - 127,810.72 Total Closed 0.00 366,000.00 15,287,810.72 14,921,810.72 386,000.00 POUND STERLING - U S DOLLAR Dec. 804 Mar. 10 05 GBP 16000,000.00 USD - 28,690,500.00 1.9127 1.881989 28,229,834.43 28,690,500.00 - 460,665.57 Dec. 904 Mar. 10 05 GBP - 12,500,000.00 USD 23,896,250.00 1.9117 1.881989 23,896,250.00 23,524,862.02 371,387.98 Jan. 28 05 Mar. 10 05 GBP - 2,500,000.00 USD 4,717,500.00 1.887 1.881989 4,717,500.00 4,704,972.40 12,527.60 Total Closed 0.00 - 76,750.00 56,843,584.43 56,920,334.42 - 76,749.99 MEXICAN NEW PESO - U S DOLLAR Oct 13 04 Apr 14 05 MXN 58,200,000.00 USD - 5,000,000 00 11.64 11 364053 5,121,412.42 5,000,000.00 121,412.42 Oct 18 04 Apr. 14 05 MXN 59,141,000.00 USD - 5,000,000 00 11.8282 11 364053 5,204,217.38 5,000,000.00 204,217.38 Nov. 8 04 Apr. 14 05 MXN - 58,453,000.00 USD 5,000,000.00 11.6906 11 364053 5,000,000.00 5,143,675.60 - 143,675.60 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-0003311