Statement of Account INV REP 203Q TAXPAYER ID. STATEMENT PERIOD PAGE UNDISCLOSED 03/01/06 TO 03/31/06 6 OF HIGHBRIDGE CAPITAL MANAGEMENT - FTC FINANCIAL TRUST COMPANY INC - PENDING CHRIS EDELE 9 WEST 57TH STREET, 27TH FLOOR 14 ••• ALL AMOUNTS IN US DOLLAR PORTFOLIO SUMMARY NEW ••• CURRENT VALUE % YORK NY ASSETS 10019 MONTHLY ACTIVITY SUMMARY DEBIT CREDIT Cash 2,129,673.08 100.00 Opening Balance 2,063,986.55 Equities Purchases Sales 1,905,463.88 2,177,815.27 Stocks Funds Received 4,383,229.20 Options Convertibles Funds Withdrawn Net Total Cash Income 4,597,460.43 7,566.37 Short Equities Other Municipals Taxable Fixed income Foreign Exchange Repurchase Agreements Rev Repur Agreements Other 22,648.06 22,648.06 Governments 6 Agencies Closing Balance 2,129,673.08 Corporates Asset Backed Securities Money Markets Debt Options Other Assets INCOME SUMMARY MONTH YTD Long Market Value Short Market Value Credit Interest 7,566.37 24,474.86 Debit Balance Short Balance Repurchase Equity Rev Repur Equity Repurchase Fails Dividend Income Municipal Income Govt. Income Other Bond Income Other Income 2.31 Rev Repur Fails Net Portfolio Value 2,129,673.08 Div/Int Chgd Loan Interest Chgd Repurchse Int Chgd Rev Repur Int Income Net Total Cash Income 7,566.37 24,477.:7 The understanding of CS Sec USA LLC is that credit balances held in your account are pending reinvestment. CREDIT SUISS?\ CREDIT SUISSE SECURITIES (USA) LLC ELEVEN MADISON AVENUE NEW YORK, NY 10010-3629 TEL: 212-325-2000 FAX: 212-538-5540 Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00061714 EFTA01582200