Statements EFTA00195038

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New _ New York 10179 fl EPSTEIN INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD November 30, 2002 TevepHonc =| THROUGH December 31, 2002 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What’s In This Statement sell Dcclesclebdlbdlalolalbaldbalalel TAXPAYER NUMBER On File EPSTEIN INTERESTS LAST STATEMENT — Novernber 29, 2002 Financial Summary , . 38 Your Portfolio Holdings . . 3 DID 12/2e/e Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * ee sansa masaadees oon on snes nen san : EPSTEIN & WILLIAM ELKUS TIEES UNG ACKIVItY ssssansssssaseatasesssseessessaneseanians 457 MADISON AVENUE 4TH FLR Your M@SSAQE@S ..,.secseeeseessereneee 5D NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio Important: Message if any information regarding . y miscellaneous income, MONEY MARKET FUND BALANCE 912,370 gross proceeds or original Current market value issue discount is required Pr ee ee ’, to br ted to thi IRS f NET el THIS PERIOD $935,778 $288) Last statement's market value this scrount — le for snessseaneeaneesse1 seesseaneeanseeasensect 1s anseansenasentconsiaete1sceanseseanee Consolidated Form 1099 NET EQUITY LAST STATEMENT 934,645 will be mailed to you by January 31,2003o0r a CHANGE SINCE LAST STATEMENT 1,134 1042Sby March 17,2003. “This portfolio includes one of more unpriced securties that are not refected in the Total Value of Securties and the Net Equity This Period There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any diference or nomrecaipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document, © Client Senices at 800-634-1428; or write to Clem Services at Bear, Steams Securities ‘Ths statemem should be retamed for your records See reverse side for important imformation. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. 027 01101/03;09:30 001 veas EFTA00195039

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/03;09:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195040

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,393.66 Cash 23,393.66 23,408.28 Money Fund 1,119.47 Net Cash Balance $23,393.66 $23,408.28 Dividends/Interest 14.62 s4sensesensnsusensesensnssssauneusensesensnsunensssss on Amount Cr ited $1,134.09 Money Fund 119.47 Income Summary Amount Debited ssssesueeeenecersisneoneeetiaeee Dividends 1,419.47 12,370.20 Net Cash Activity 14.62 Credit Balance Int. 14.62 6,845.77 Total $1,134.09 $19.218.97 Portfolio Composition Cash/Cash Equivalent 935,778 Your Portfolio Holdings CASH & CASH EQUIVALENTS MAABKET ESTIMATED — CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD [‘%} CASH BALANCE 23,408 027 01/01/03;09:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD November 30,2002 THROUGH December 31,2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, ves EFTA00195041

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a of § = Your Portfolio Holdings (continued) CASH & CASH EQUIVALENTS (continued) NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (14) BEAR STEARNS PRIME MONEY BSMXX 912,370.20 1.0000 912,370 11,861 1.3000 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $935,778 $11,861 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRKE VALUE _ ANNUAL INCOME YELD [X) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $11,861 YOUR PRICED PORTFOLIOHOLDINGS $935,778 02? 01/01/03;09:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO November 30, 2002 THROUGH December 31,2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 véas EFTA00195042

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 fl Le EPSTEIN INTERESTS 5 os STATEMENT PERIOO November 30, 2002 THROUGH December 31,2002 accout nuvecr TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT — November 29, 2002 Transaction Detail DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DeSIT AMOUNT CAEDIT AMOUNT 11/30/02 OPENINGBALANCE 911,250.73 cat RECORD 11/29/02 PAY 1 12/02/02 REINVEST BEAR STEARNS PRIME MARKET PORTFOLIO CL Y D 9/02 MONEY BSMiKx 1119/47" 1419/47 12/31/02 CLOSINGBALANCE 912,370.20 TOTAL $-1,119.47 $1,119.47 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CAEDIT AMOUNT 12/23/02 INTEREST ONCREDIT BALANCE 0.7500 14.62 AT 0 3/4% 11/21 THRU 12/20 TOTAL $14.62 Your messages TS As part of the National Association of Securities Dealer's (NASD) Investor Education Program, you may obtain information on the NASD's Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the intemet address which is www.nasdr.com, In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request. 027 01/01/03;08:30 001 veas EFTA00195043

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | EPSTEIN INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD October 26, 2002 TevepHonc |= THROUGH Novernber 29, 2002 VISIT OUR WEBSITE wow.bearstearns.com account numeccr = What’s In This Statement sallDccalleslebadlbdlalolalbald balled TAXPAYER NUMBER On File EPSTEIN INTERESTS LAST STATEMENT October 25, 2002 Financial SUMMALY sans So Your Portfolio Holdings . 3 DID 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Fund Activity 5 EPSTEIN & WILLIAM ELKUS TTEES oe 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio MONEY MARKET FUND BALANCE 911,251 Ho Current market value ST HE Last staterent’s t value NET EQUITY LAST STATEMENT 933,311 CHANGE SINCE LAST STATEMENT 1,333 “This portfolio includes one of mom ungriced securties that are not reflected in the Total Value of Securties sand the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any difference cr nomreceipt of checks or stocks, indicated as delivered to you, ‘This summary §s for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. oo? 11/30002;14:28 001 veas EFTA00195044

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/3002;14:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195045

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,373.37 Cash 23,373.37 23,393.66 Money Fund 1,312.59 Dividends/Interest 20.29 s4sensesensnsusensesensnssssauneusensesensnausensssss on Net Cash Balance $23,373.37 $23,393.66 Amount Cr ited $1,332.88 Money Fund 1,312.59 Income Summary ssessessseessssseeessunssessunssesesssuueeseesaesseesaenssssaeeeesnessessuesseess ts ren vw TO DATE Amourit Deb ited sasssomarssseserenseeseserenme cote Dividends 1,312.59 11,250.73 Net Cash Activity 20.29 Credit Balance Int. 20.29 6,831.15 Total $1,932.88, $18,081.88 Portfolio Composition Cash/Cash Equivalent 934,645 Your Portfolio Holdings CASH & CASH EQUIVALENTS MAABKET ESTIMATED — CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD [‘%} CASH BALANCE 23,394 027 11/3002;14:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, veas EFTA00195046

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS of § = Your Portfolio Holdings (continued) CASH & CASH EQUIVALENTS (continued) NAARKET ESTIMATED (QURRENT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD October 26, 2002 Novernber 29, 2002 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT October 25, 2002 DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (14) BEAR STEARNS PRIME MONEY BSMXX 911,250.73 1.0000 911,251 12,758 1.4001 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $934,645 $12,758 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRKE VALUE _ ANNUAL INCOME YELD [X) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $12,758 YOUR PRICED PORTFOLIOHOLDINGS $934,645 02? 11/30002;14:25 001 veae EFTA00195047

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 os STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 Transaction Detail accout nuvecr TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT October 25, 2002 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/26/02 OPENINGBALANCE 909,938.14 D REINVEST 1312/59 BEAR STEARNS PRIME MONEY BSMiKx ee 312.59 MARKET PORTFOLIO CL ¥ 11/29/02 CLOSINGBALANCE 911,250.73 TOTAL $-1,312.59 $1,312.59 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 11/21/02 INTEREST ONCREDIT BALANCE 0.7500 7.30 ATO 11/06 THRU 11 AT 1.1/4% 10/21 THAU 11/05 TOTAL $20.29 stop] ****** End of Statement™***** \, / —/ ara 027 11/30V02;14:25 001 vegas EFTA00195048

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York New York 10179 | Le EPSTEIN INTERESTS ACCOUNT EXECUTIVE — ZICHERMAN, IRA STATEMENT PERIOD September 28, 2002 TeepHone = THROUGH October 25, 2002 VISIT OUR WEBSITE www.bearstearns.com account numccr = What’s In This Statement sell bcclesclebadlbblalolalbaldbalalel TAXPAYER NUMBER On File EPSTEIN INTERESTS LAST STATEMENT September 27, 2002 Financial SUMMALY sans So Your Portfolio Holdings . 4 DTD 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Fund Activity 5 EPSTEIN & WILLIAM ELKUS TTEES “—“—_ 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio MONEY MARKET FUND BALANCE 909,938 HM oCurrent market value TY HE Last staterent’s t value NET EQUITY LAST STATEMENT 1,131,752 CHANGE SINCE LAST STATEMENT -198,441 “This porticlio includes one or mom ungriced securties that are not reflected in the Total Value of Securties and the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any difference or nomreceipt of checks or stocks, indicated as delivered to you, ‘This summary §s for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. 027 10/26/02;10:31 001 vea? EFTA00195049

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 10/2602;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195050

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of6 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,349. 05 Cash 23,349.05 23,373.37 Money Fund 201,554.85 Net Cash Balance $23,349.05 $23,373.37 Dividends/Interest 24.32 s4sensesensnsusensesenenssssaueeusesesensnsusennssss on Amount Cr ited $201,579.17 Money Fund 1,554.85 Income Summary Funds Withdrawn -200,000.00 PEAR TO DATE ssssnsssesenssssaeenensnunseeeeennneassanssunseeeeeennnnnassss ees Dividends 1,535.61 9,938.14 Amount Debited ...saresssssisessrressesereanese sane oeteeiee Credit Balance Int. 24.32 6,810.86 Total $1,559.93 sore 818,749.00 Net Cash Activity 24.32 Portfolio Composition Cash/Cash Equivalent 933,311 027 10/2602;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. véa? EFTA00195051

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CASH BALANCE 23,373 BEAR STEARNS PRIME MONEY BSMXX 909,938.14 1.0000 909,938 15,378 1.6900 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $933,311 $15,378 EQUITIES Equities & Options AGCT MARKET ESTIMATED (CURRENT DESCRIPTION SYMBOL'CUSIP TYPE QUANTITY PRIEE VALUE ANNUAL INCOME YELD (%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $15,378 YOUR PRICED PORTFOLIOHOLDINGS $933,311 02? 10/2602;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 EPSTEIN INTERESTS STATEMENT PERIOD September 28, 2002 October 25, 2002 accoust numecr [S TAXPAYER NUMBER On File September 27, 2002 THROUGH LAST STATEMENT vea? EFTA00195052

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | EPSTEIN INTERESTS 5 of6 . STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Transaction Detail ACCOUNT NUMBER TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT September 27, 2002 DATE TRANSACTION DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 09/30/02 END WIRED MDA; ENDS WIRED TO 200,000.00 TOTAL $-200,000.00 MONEY FUND ACTIVITY DATE MODAY TRANSACTION, DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/28/02 OPENINGBALANCE 1,108.402.53 76000" 260,600:60 MARKET PORTFOLIO CL Y “200,000 °°" RECORD 09/30/02 PAY 09/30/02 {Oioti02 REINVEST BEAR STEARNS ine MONEY" BSMKX 1545.23 1545.23" REINVEST PRICE $ 1,00 IME MONEY “BIVIDEND PEAR STEARINS Pa ADJUST DIVIDEND FROM 9/30 REDEMPTION MARKET PORTFOLIO CL Y ADJUST DIVIDEND FROM 9/30 REDEMPTION 10/25/02 CLOSINGBALANCE 909,938.14 TOTAL $-1,554.85 $201,554.85 027 10/26/02;10:31 001 véa? EFTA00195053

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 6 of6 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File INTEREST LAST STATEMENT September 27, 2002 DATE DESCRIPTION SYMBOUUSIF QUANTITY RATE (5) DEBIT AMOUNT CREDIT AMOUNT 10/21/02 INTEREST ONCREDIT BALANCE 1.2500 24.32 AT 1 1/4% 09/21 THRU 10/20 TOTAL $24.32 i", [stop] ***e** End of Statement™***** 027 10/26/02;10:31 001 véa? EFTA00195054

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OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE What’s In This Statement www.bearstearns.com Financial Summary , ‘ Your Portfolio Holdings . : Transaction Detail ......s.ssssesserssseeerees Fund Activity y.ssssssssrssssrssecssuesesnsvasesnensens Your Me@SSAQe@S ..,....sssssseessssesnseeseneseenraee oaunw wo Your Portfolio at a Glance NET CREDIT BALANCE MONEY MARKET FUND BALANCE 23,349 1,108,403 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT $1,131,752 1,130,110 CHANGE SINCE LAST STATEMENT 1,642 “This pertiolio indudes one or more unpriced sccurties that are not reflected in the Total Value of Securties and the Net Equity This Period There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Comp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio Ho Current market value $28) Last statement's market value 027 $1,131,752 $1,130,110 ‘This summary 5 for informational purposes only. It is not intended as a tax document, ‘This statemem should be retained for your records. See reverse side for important information, 09/2802;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO August 31,2002 September 27, 2002 accor nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT August 30, 2002 Important Message Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us. vea6 EFTA00195055

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2802;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195056

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of6 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,323.94 Cash 23,323.94 23,349.05 Money Fund 1,616.06 Dividends/Interest 25.11 s4sensesenensusensesensnssssauneusennesensnausensssss on Net Cash Balance $23,323.94 $23,349.05 Amount Cr ited $1,641.17 Money Fund “1,616.06 Income Summary Amount Debited a sssonsensennsennennenrssreeesens eee OsOe Dividends 1,616.06 8,402.53 Net Cash Activity 25.11 Credit Balance Int. 25.11 6,786.54 Tota a ssseeeeatencssseentereneserte Sioa Hic arereneet ete Portfolio Composition Cash/Cash Equivalent 1,131,752 Your Portfolio Holdings CASH & CASH EQUIVALENTS MAABKET ESTIMATED — CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD [‘%} CASH BALANCE 23,349 027 09/2802;13:18 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOG August 31,2002 THROUGH September 27, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vea6 EFTA00195057

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10179 as Le EPSTEIN INTERESTS 4 of8 STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 Your Portfolio Holdings (continued) ree TAXPAYER NUMBER On File CASH & CASH EQUIVALENTS continued) LAST STATEMENT — August 30, 2002 MANRKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME _YELD (') BEAR STEARNS PRIME MONEY BSMXX 1,108,402.53 1.0000 1,108,403 18,510 1.6700 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,131,752 $18,510 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUICUSIP TYPE QUANTITY PRICE VALUE _ ANNUAL INCOME YIELD (%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $18,510 YOUR PRICED PORTFOLIOHOLDINGS $1,131,752 oz? 09/28002;13:15 001 vea6 EFTA00195058

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. One Mevotech Contr North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 of6 STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 Transaction Detail accoust numecr [S TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT — August 30, 2002 DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 08/31/02 OPENINGBALANCE 1,106,786.47 D cia RECORD 08/30/02 PAY 08/30/02 MARKET PORTFOLIO CL Y 1616.06 09/27/02 CLOSINGBALANCE 1,108.402.53 TOTAL $-1.616.06 $1,616.06 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 09/23/02 INTEREST ONCREDIT BALANCE 1.2500 25.11 AT 1 1/4% 08/21 THRU 09/20 TOTAL $25.11 oz? 09/28002;13:15 001 vea6 EFTA00195059

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BEAR STEARNS 6 of8 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 Your messages ‘i Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2002 and July 31, 2002, the Company's net capital of approximately $2.5 billion and $2.0 billion was approximately 7% and 6% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $679.9 million and $644.8 million by approximately $1.8 billion and $1.3 billion, all respectively. A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com_, Alternatively, to request a free printed copy please call -toll free 1-866-299-9331, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOG August 31,2002 THROUGH September 27, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 ZT Securities and other assets in your account are the firm's collateral for any margin loan made to you, If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account, It is important that you fully understand the risks involved in trading securities on margin, These risks include the following: > You can lose more funds than you deposit in the margin account, > The firm can force the sale of securities or other assets in your account(s). > The firm can sell your securities or other assets without contacting you, > You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call, > The firm can increase its "house" maintenance margin requirements at any time and is not required to provide you advance written notice, > You are not entitled to an extension of time on a margin call, 027 09/2802;13:15 001 vea6 EFTA00195060

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BEAR STEARNS 7 of8 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 ie This statement is provided to explain Bear, Stearns & Co, Inc.'s (‘BSC’) payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities, Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO), BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOG August 31,2002 THROUGH September 27, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 TZ Pursuant to SEC Rule 11Ac1-6, please note the following: Bear, Stearns & Co, Inc, will post its quarterly routing statistics at the following web link: http://www,bearstearns ,com/bearstearns/individualinvestor/equititesord erroutingpractices, htm Customers of Bear, Stearns & Co, Inc, may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders, o27 09/2802;13:15 001 vea6 EFTA00195061

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 8 of8 ie The following account service fees will be charged to applicable accounts as of November 1, 2002: The service charge per transaction will be $5,00, Accounts transferred from Bear Steams will be charged a $75.00 account transfer fee. There will be a $50,00 fee for each stock certificate that is sent out in registered form at the customer's request, We strongly recommend against holding stock certificates in physical form due to the possibility of theft, loss or damage. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD August 31,2002 THROUGH September 27,2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 TZ NOTICE OF CHANGE PURSUANT TO THE TRUTH IN LENDING SEC RULE 10b-16 Effective as of November 15, 2002, the annual rate of interest charged on any credit extended to you by Bear Stearns Securities for the purpose of purchasing, carrying or trading in any security or other property shall be based on either the Bear Stearns Margin Basis Rate, the Bear Stearns Securities Fed Funds Rate or the London Interbank Offering Rate ("LIBOR"). The Bear Stearns Margin Basis Rate will be quoted daily by Bear Stearns at our main office in New York, Factors affecting the determination of the Bear Stearns Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that Bear Stearns is charged for borrowing money, The Bear Stearns Securities Fed Funds Rate is the rate for U.S, dollar funds, as quoted by an independent broker of such funds selected by Bear Stearns Securities for the last transaction completed prior to 9:30 a,m, (Eastern Time) on the business day on which such rate is determined. The annual rate of interest will be no more than 3% above the Bear Stearns Margin Basis Rate or 4% above either the Bear Stearns Securities Fed Funds Rate or LIBOR and will appear on your monthly statements. Since the rate of interest charged is related to the Bear Stearns Margin Basis Rate, the Bear Stearns Securities Fed Funds Rate or LIBOR, any changes in these rates will cause corresponding changes in the rate charged to your account, which changes will be made without prior notice to you, If for any other reason Bear Stearns Securities changes the rate of interest it charges you, we will give you at least 30 days prior notice, The "Statement of Interest Charges Pursuant to the "Truth-in-Lending” SEC Rule 10b-16" previously provided to you remains in effect except to the extent specifically amended by this notice, 027 09/2802;13:15 001 vea6 EFTA00195062

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial SUMMALY .....sssssssssesseesees serene Your Portfolio HoldingS .......sssssesessseerees Transaction Detail Fund Activity OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ano w Your Portfolio at a Glance NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 23,324 1,106,786 1,128,412 1,698 “This portfolio indudes one or mom ungriced securties that are not reflected in the Total Value of Securties and the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nom-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio Ho Current market value $2] Last statement's market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD July 27, 2002 August 30, 2002 accout nuvecr TAXPAYER NUMBER On File July 26, 2002 THROUGH LAST STATEMENT $1,130,110 $1,128,412 This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information. 027 08/31/02;13:23 001 VS66 EFTA00195063

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/31/02;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195064

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,298. 86 Cash 23,298.86 23,323.94 Money Fund 1,673.25 Net Cash Balance $23,298.86 $23,323.94 Dividends/Interest 25.08 s4swnnesensnsusensesensnssssaunsusensesensnaunensssss on Amount Cr ited Money Fund “1,673.25 Income Summary Amount Debited a ssssssssecsseesnssreceseesesseeeee Dividends 1,673.25 6,786.47 Net Cash Activity 25.08 Credit Balance Int. 25.08 6,761.43 Total $1,698.33 $13,547.90 Portfolio Composition Cash/Cash Equivalent 1.130.110 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QuANTTY PRICE VALUE ANNUAL INCOME YIELD [%) CASH BALANCE 23,324 027 08/31/02;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS66 EFTA00195065

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS of § = Your Portfolio Holdings (continued) CASH & CASH EQUIVALENTS (continued) NAARKET ESTIMATED QURRENT DESCRIPTION ‘SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BEAR STEARNS PRIME MONEY BSMXX 1,106,786.47 1.0000 1,106,786 18,815 1.7000 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,130,110 $18,815 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD [X) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $18,815 YOUR PRICED PORTFOLIOHOLDINGS $1,130,109 027 08/31102;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD July 27, 2002 August 30, 2002 accout nuvecr TAXPAYER NUMBER On File July 26, 2002 THROUGH LAST STATEMENT VS66 EFTA00195066

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 os STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 Transaction Detail accout nuvecr TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT — July 26, 2002 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/27/02 OPENINGBALANCE 1,105,113.22 D REINVEST MONEY BSMiKx 1673.25" 1673.25 BEAR STEARNS PRIME MARKET PORTFOLIO CL ¥ 08/30/02 CLOSINGBALANCE 1,106,786.47 TOTAL $-1.673.25 $1,673.25 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 08/21/02 INTEREST ONCREDIT BALANCE 1.2500 25.08 AT 1 1/4% 07/21 THRU 08/20 TOTAL $25.08 m—, sop] ****** End of Statement****** / —/ AO” 027 08/31/02;13:23 001 VE6E EFTA00195067

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York. New York 10179 ACCOUNT EXECUTIVE —ZICHERMAN,IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY sscsssssscsssessecasecreniaee Your Portfolio Holdings . Transaction Detail Fund Activity seen Your Portfolio at a Glance NET CREDIT BALANCE NET EQUITY LAST STATEMENT 1,126,682 1,730 CHANGE SINCE LAST STATEMENT “This perttolio indudes one or more unpriced securties that are not ano w 23,299 MONEY MARKET FUND BALANCE 1,105,113 refected in the Total Value of Securties and the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Scuritios Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH ACCOUNT NUMBER July 26, 2002 sell [bcclesclebddlbedladlalbaldbalalel TAXPAYER NUMBER On File LAST STATEMENT EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio Ho Current market value $2 Last statement's market value This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information oz? 07/27102;17:22 001 VS65 dune 28, 2002 EFTA00195068

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195069

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,274, 62 Cash 23,274.62 23,298.86 Money Fund 1,706.21 Dividends/Interest 24.24 40s ausseuunceussnusnsensossancunsceuaneussnunanesss ns Net Cash Balance $23,274.62 $23,298.86 Amount Cr ited $1,730.45 Money Fund “1,706.21 Income Summary Amount Debtor a sosscsrsossseecsreseseonescesen Dividends 1,706.21 5,113.22 Net Cash Activity 24.24 Credit Balance Int. 24.24 6,736.35 Total $1,730.45... $11,849.57 Portfolio Composition Cash/Cash Equivalent 1.128.412 Your Portfolio Holdings CASH & CASH EQUIVALENTS NANRKET ESTIMATED — CURRENT DESCRIPTION SYMBOUCUSIF QUANTITY PAIKE VALUE ANNUAL INCOME YIELD (") CASH BALANCE 23,299 027 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS65 EFTA00195070

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a of § = Your Portfolio Holdings (continued) CASH & CASH EQUIVALENTS (continued) NAARKET ESTIMATED QURRENT DESCRIPTION ‘SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BEAR STEARNS PRIME MONEY BSMXX 1,105,113.22 1.0000 1,105,113 19,561 1.7700 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,128,412 $19,561 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD [X) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $19,561 YOUR PRICED PORTFOLIOHOLDINGS $1,128,411 027 O7/2702;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH ACCOUNT NUMBER July 26, 2002 TAXPAYER NUMBER On File LAST STATEMENT VS65 June 28, 2002 EFTA00195071

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. One Mevotech Contr North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 os STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail ACCOUNT NUMBER fe TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT June 28, 2002 DATE MOIDAY TRANSACTION DESCAIFTION SYMBOL/OUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 06/29/02 OPENINGBALANCE 1,103.407.01 cat RECORD 06/28/02 PAY 06/28/02 D REINVEST BEAR STEARNS PRIME MONEY" , BSMiKx 170621" 1706.21 MARKET PORTFOLIO 07/26/02 CLOSINGBALANCE 1,105,113.22 TOTAL $-1,706.21 $1,706.21 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CAEDIT AMOUNT 07/22/02 INTEREST ONCREDIT BALANCE 1.2500 24.24 AT 1 1/4% 06/21 THRU 07/20 TOTAL $24.24 f_™ ya sop] ****** End of Statement****** A —/ 027 07/27102;17:22 001 VE65 EFTA00195072

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial SUMMALY .....ssses sees senses seessees Your Portfolio HOIGINGS ......ssssssseeeeeseeesene Transaction Detail Fund Activity ....... aun & w Your Portfolio at a Glance CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO June 1, 2002 THROUGH ACCOUNT NUMBER June 28, 2002 sell ccldescdebdllbedladilalbaldbalalel TAXPAYER NUMBER On File LAST STATEMENT EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio 26,682 ne reo ALA 20275 owns tote dS... MONEY MARKET FUND BALANCE 1,103,407 arama gan pom RIBS as NET EQUITY LAST STATEMENT 1,224,779 CHANGE SINCE LAST STATEMENT -98,097 “This portiolio includes one or mom ungriced securties that are not reflected in the Total Value of Securties and the Net Equity This Period. There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any diterence or nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. Current market value $88 Last statement's market value This summary is for informational purposes only. It is not intended as a tax document ‘Ths statemem should be retained for your records See reverse side for important imformation. oz? 06/29102;10:49 001 v863 May 31, 2002 EFTA00195073

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195074

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $23,249. 59 Cash 23,249.59 23,274.62 Money Fund 101,877.63 Dividends/Interest 25.03 s4swnsesensnsusensesensnssssaunsusesesensnausennssss on Net Cash Balance $23,249.59 $23,274.62 Amount Cr ited $101,902.66 Money Fund 1,877.63 Income Summary Funds Withdrawn -100,000.00 —— Ss PERI YEAR TO DATE sueesennennens sssanennennennennenseneessssateneneeneeneenennenn te wee Dividends 1,877.63 3,407.01 Amount Debited a sessssesseureestnesearessessemebe OHO EOS Credit Balance Int. 25.03 6,712.11 Net Cash Activity 25.03 Total $1,902.66 $10,119.12 Portfolio Composition Cash/Cash Equivalent 1.126.682 027 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS63 EFTA00195075

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME —_YELD (%} CASH BALANCE BEAR STEARNS PRIME MONEY BSMXX 1,103,407.01 1.0000 1,103,407 19,641 1.7800 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,126,682 $19,641 EQUITIES Equities & Options ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIF TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $19,641 YOUR PRICED PORTFOLIOHOLDINGS $1,126,681 02? 06/28)02;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH ACCOUNT NUMBER June 28, 2002 TAXPAYER NUMBER On File LAST STATEMENT VS63 May 31, 2002 EFTA00195076

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 os STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail accoust numecr [S TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT = May 31, 2002 DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 06/17/02 FND WIRED MDA; FNOS WIRED TO 100,000.00 TOTAL $-100,000.00 MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 06/01/02 OPENINGBALANCE 1,201 ,529.38 06/03/02 DIVIDEND MARKET PORTFOLIO CL Y REINVEST PRICE $ 1,00 SOTE BOD BEAR BTERANIS BRUAE MIOKEY BU <1 iy Sia 1” a TT MARKET PORTFOLIO CL Y 06/28/02 CLOSINGBALANCE 1,103,407.01 TOTAL $-1,877.63 $101,877.63 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE ("ed DEBIT AMOUNT CREDIT AMOUNT 06/21/02 INTEREST ONCREDIT BALANCE 1.2500 25.03 AT 1 1/4% 05/21 THRU 06/20 TOTAL $25.03 027 06/29'02;10:49 001 vs63 EFTA00195077

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial SUMMALY sscssssssssssessescasecnensaee Your Portfolio Holdings . Transaction Detail Fund Activity sso OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ans w Your Portfolio at a Glance NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD $1, NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 1,201,528 224.779 1,473,210 248,431 “This portfolio includes one of mom unpriced securties that are not refected in the Total Value of Securties and the Net Equity This Period. There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomrecaipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio Current market value {288 Last statement's market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD April 27,2002 THROUGH May 31,2002 ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT April 26, 2002 79 $1,473,210 This summary i for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information 027 0601/02;15:46 001 vss9 EFTA00195078

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 0601/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195079

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $73,209.83 Cash 73,209.83 23,249.59 Money Fund 201,529.38 Dividends/Interest 39.76 s4sensesensnsusensesensnssssauneusensesensnaunensssss on Net Cash Balance $73,209.83 $23,249.59 Amount Cr ited $201,569.14 Money Fund 1,529.38 Income Summary Funds Withdrawn -250,000.00 PE EAR TO DATE Amouartt Debit... sssesnsssssotnnteseeentsnsee senescent Credit Balance Int. 39.76 6,687.08 Total $1,569.14... S8216.48 Net Cash Activity -49,960.24 Portfolio Composition Cash/Cash Equivalent 1,224,779 027 0601/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 26, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. v559 EFTA00195080

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (14) CASH BALANCE 23,250 BEAR STEARNS PRIME MONEY BSMXX 1,201 ,529.38 1.0000 1,201,529 22,228 1.8500 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,224,779 $22,228 EQUITIES Equities & Options ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIF TYPE QUANTITY PRICE VALUE ___ ANNUAL INCOME YEU [%} BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $22,228 YOUR PRICED PORTFOLIOHOLDINGS $1,224,778 06/01/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 EPSTEIN INTERESTS STATEMENT PERIOD April 27,2002 May 31, 2002 On File April 26, 2002 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT v559 EFTA00195081

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | EPSTEIN INTERESTS 5 of 5 STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 Transaction Detail account wucce | TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT — April 26, 2002 DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 04/30/02 END WIRED 250,000.00 TOTAL $-250,000.00 MONEY FUND ACTIVITY DATE MOvDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 04/27/02 OPENINGBALANCE 1,400,000 Ce a cc a ae sui se MARKET PORTFOLIO CL ¥ RECORD 04/30/02 PAY 04/30/02 "BEAR STEARNS PRIME MARKET PORTFOLIO CL ¥ REINVEST PRICE $ 1,00 76000" ""200,000:00 Money" BSMKX {'529'38" 1152938 asiores" REINVEST 05/31/02 CLOSINGBALANCE 1,201 ,529.38 TOTAL $-1,529.38 $201,529.38 INTEREST DATE DESCRIPTION SYMBOUGUSIF QUANTITY RATE ("et DEBIT AMOUNT CREDIT AMOUNT 05/21/02 INTEREST ONCREDIT BALANCE 1.2500 39.76 AT 1 1/4% 04/21 THRU 05/20 TOTAL $39.76 027 06/01'02;15:46 001 sss EFTA00195082

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial SUMMALY sscsssssscsssessnecaseenesaee Your Portfolio Holdings . Transaction Detail Fund Activity see OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 aunt w Your Portfolio at a Glance NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 73,210 1,400,000 1,472,118 1,092 “This portfolio indudes one of mom ungriced securties that are not reflected in the Total Value of Securties and the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securitios Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio $1,473,210 $1,472,118 Current market value $88 Last statement's market value This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO March 29, 2002 April 26, 2002 accout nuvecr TAXPAYER NUMBER On File March 28, 2002 THROUGH LAST STATEMENT ‘This statemem should be retained for your records. See reverse side for important information. 027 04/27/02;12:01 001 vss7 EFTA00195083

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/27102;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195084

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BEAR STEARNS 3 of OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Flow Analysis Openi: Dividends/Interest Amount Credited Money Fund Amount Debited Net Cash Activity THIS PERIOD Balance $1,472,118.31 1,091.52 $1,091.52 -1,400.000.00 $-1,400,000.00 -1,398,908.48 Cash Balance Summary OFENING CLOSING Cash 1,472,118.31 73,209.83 Net Cash Balance $1,472,118.31 $73,209.83 Income Summary THIS PERIOD YEAR TO DATE Credit Balance Int. 1,091.52 6,647.32 Portfolio Composition Cash/Cash Equivalent 1,473,210 Total $1,473,210 027 04/27102;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 28, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS67 EFTA00195085

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME —_YELD (14) CASH BALANCE BEAR STEARNS PRIME MONEY BSMXX 1,400,000 1.0000 1,400,000 26,460 1.8900 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,473,210 $26,460 EQUITIES Equities & Options ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIF TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $26,460 YOUR PRICED PORTFOLIOHOLDINGS $1,473,209 04/27102;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 29, 2002 April 26, 2002 accoust numecr [S TAXPAYER NUMBER On File THROUGH LAST STATEMENT March 28, 2002 VS67 EFTA00195086

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 os STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail account wucce | TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT — March 28, 2002 DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 03/29/02 OPENINGBALANCE 0.00 04/26/02 CLOSINGBALANCE 1,400,000 TOTAL $-1,400,000.00 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) OEBIT AMOUNT CREDIT AMOUNT 04/22/02 INTEREST ONCREDIT BALANCE 1.2500 1,091.52 AT 1 1/4% 03/21 THRU 04/20 TOTAL $1,091.52 /—™ stop) ****** End of Statement****** \ / —— ro 027 04/27/02;12:01 001 VSS7 EFTA00195087

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York New York 10179 ; Le EPSTEIN INTERESTS ACCOUNT EXECUTIVE —ZICHERMAN, IRA STATEMENT PERIOO February 23,2002 TevePHonc || THROUGH March 28,2002 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What’s In This Statement seallDccaleslebdllbdlalilalbaldbatalel TAXPAYER NUMBER On File EPSTEIN INTERESTS LAST STATEMENT February 22.2002 Financial SUMMALY asses — S Your Portfolio Holdings . 4 DID 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Vour M i" EPSTEIN & WILLIAM ELKUS TTEES Our MESSAGES a 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio aaa ae CUS TIS fmm coon nana ae ME eee tntstsetnntntnt cite inncnnne BREE Last statoment’s market valve NET EQUITY LAST STATEMENT 1,670,494 CHANGE SINCE LAST STATEMENT -198,376 "This portfolio indudes one of more unpriced seourties that are not reflected in the Total Value of Securtios and tha Net Equity This Period There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any diference or nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary §s for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clant Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-38659. 027 09/29102:20:33 001 V855 EFTA00195088

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 03/2902;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195089

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BEAR STEARNS 3 of6 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Flow Analysis Openi: Dividends/Interest Amount Credited Funds Withdrawn Amount Debited Net Cash Activity THIS PERIOD Balance $1,670.494.22 1,624.09 $1,624.09 -200,000.00 $-200.000.00 -198,375.91 Cash Balance Summary OPENING CLOSING 1,472,118.31 Cash 1,670,494.22 Net Cash Balance $1,670,494.22 $1,472,118.31 Income Summary THiS PERIOD YEAR TO DATE Credit Balance Int. 1,624.09 5,555.80 Portfolio Composition Cash/Cash Equivalent 1.472.118 Total $1,472,118 027 03/2902;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 22,2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. V555 EFTA00195090

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NANRKET ESTIMATED — CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME __YELD (14) CASH BALANCE 1.472.118 TOTAL CASH & CASH EQUIVALENTS $1,472,118 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRETION SYMBOUICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PRICED PORTFOLIOHOLDINGS $1,472,118 02? 03/28)02;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD February 23,2002 March 28, 2002 accoust numecr [S TAXPAYER NUMBER On File February 22.2002 THROUGH LAST STATEMENT V555 EFTA00195091

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | EPSTEIN INTERESTS 5 of 6 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail accoust numecr [S TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT —- February 22,2002 DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 03/27/02 FND WIRED ENDS WIRED TO 200,000.00 F TOTAL $-200,000.00 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (%) DEBIT AMOUNT CREDIT AMOUNT 03/21/02 INTEREST ONCREDIT BALANCE 1.2500 1,624.09 AT 1 1/4% 02/21 THRU 03/20 TOTAL $1,624.09 027 03/2902;20:33 001 V555 EFTA00195092

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 6 of6 Your messages ie Pursuant to SEC Rule 11Ac1-6, Bear, Stearns & Co, Inc will publicly post its quarterly routing statistics at the following web link: http-//www,bearstearns ,com/corporate/business/equities/orp tm **e*** End of Statement™***** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 22,2002 ZS Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2001 and January 31, 2002, the Company's net capital of approximately $2.6 billion and $2.6 billion was approximately 9% and 8% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $604.1 million and $648.0 million by approximately $2.0 billion and $2.0 billion, all respectively. A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com_, Alternatively, to request a free printed copy please call -toll free 1-866-299-9331, 027 03/2902;20:33 001 vs55 EFTA00195093

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OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , » 3 Your Portfolio Holdings . 1 4 Transaction Detail .....ssssseenees 5 Your Portfolio at a Glance NET CREDIT BALANCE 1,670,494 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT $1,670,494 1,868,542 CHANGE SINCE LAST STATEMENT -198,048 "This portfolio indudes one or more ungriced seourties that are not reflected in he Total Value of Securties and tha Net Equity This Period There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Ploase mport any difference or noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO January 26, 2002 February 22,2002 accout nuvecr TAXPAYER NUMBER On File January 25, 2002 THROUGH LAST STATEMENT 0,494 Current market value $288 Last statement's market value 027 This summary is for informational purposes only. It is not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. 02/22/02;10:07 001 vs27 EFTA00195094

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 02/2302;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195095

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. a BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 | EPSTEIN INTERESTS 3 of STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 . account xumccr = Cash Flow Analysis Income Summary SaxpaveR NUMBER On File THis PERIOD ToS PERIOD YEAR TO DATE LAST STATEMENT January 25, 2002 OpeningBalance $1,868,542.04 Credit Balance Int. 1,952.18 3,931.71 Dividends/interest 1,952.18 Amount Credited $1,952.18 Funds Withdrawn -200,000.00 Portfolio Composition Amount Debited . . $-200,000.00 Cash/Cash Equivalent 1,670,494 Net Cash Activity -198,047.82 Total $1.670.494 Cash Balance Summary OPENING CLOSING Your Portfolio Allocation Cash 1,868,542.04 1,670,494.22 Net Cash Balance $1,868,542.04 $1,670,494.22 Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. 027 02/2302;10:07 001 v827 EFTA00195096

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NANRKET ESTIMATED — CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME __YELD (14) CASH BALANCE 1.670.494 TOTAL CASH & CASH EQUIVALENTS $1,670,494 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRETION SYMBOUICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PRICED PORTFOLIOHOLDINGS $1,670,494 02? 02/23/02;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD January 26, 2002 February 22,2002 accoust numecr [S TAXPAYER NUMBER On File January 25, 2002 THROUGH LAST STATEMENT vs27 EFTA00195097

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 mm | EPSTEIN INTERESTS 5 os STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail account numccr TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT January 25, 2002 DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/12/02 END WIRED 200,000.00 TOTAL $-200,000.00 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE [5 DEBIT AMOUNT CREDIT AMOUNT 02/21/02 INTEREST ONCREDIT BALANCE 1.2500 1,952.18 AT 1 1/4% 01/21 THRU 02/20 TOTAL $1,952.18 (stop) ****** End of Statement****** 027 02/23/02;10:07 001 827 EFTA00195098

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial SUMMALY sscssessssssessnscasecneniaee Your Portfolio Holdings . Transaction Detail Your Messages .., OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ans w Your Portfolio at a Glance NET CREDIT BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 1,868,542 868,542 1,916,563 48,020 “This portfolio indudes one of more ungriced securties that are not reflected in he Total Vatue of Securtios and tha Net Equity This Period There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomreceipt of checks or stocks, indicated as deltverad to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. EPSTEIN INTERESTS DTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Market Value of Your Portfolio $1,868,542 Current market value $2 Last statement's market value This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD January 1, 2002 January 25, 2002 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT December 31,2001 ‘This statemem should be retained for your records. See reverse side for important information. 027 01/2602;08:54 001 vs20 EFTA00195099

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/26/02;08:54 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195100

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BEAR STEARNS 3 of OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Flow Analysis Openi: Dividends/Interest Amount Credited Funds Withdrawn Amount Debited Net Cash Activity THIS PERIOD Balance $1,916,562.51 1,979.53 $1,979.53 -50,000.00 $-50.000.00 -48,020.47 Cash Balance Summary OPENING CLOSING Cash 1,916,562.51 1,868,542.04 Net Cash Balance $1,916,562.51 $1,868,542.04 Income Summary THIS PERIOD 1,979.53 YEAR TO DATE 1,979.53 Credit Balance Int. Portfolio Composition Cash/Cash Equivalent 1,868,542 Total $1,868,542 027 01/26/02;08:54 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT December 31,2001 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. vs20 EFTA00195101

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NANRKET ESTIMATED — CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME __YELD (14) CASH BALANCE 1.868.542 TOTAL CASH & CASH EQUIVALENTS $1,868,542 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRETION SYMBOUICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PRICED PORTFOLIOHOLDINGS $1,868,542 02? 01/26/02;08:64 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD January 1, 2002 January 25, 2002 accoust numecr [S TAXPAYER NUMBER On File THROUGH LAST STATEMENT December 31,2001 vs20 EFTA00195102

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 EPSTEIN INTERESTS 5 os STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail account wucce | TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT — December 31, 2001 DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 01/23/02 FND WIRED MD. IS WIRED TO. 50,000.00 TOTAL $-50,000.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CAEDIT AMOUNT 01/22/02 INTEREST ONCREDIT BALANCE 1.2500 582.04 AT 1 1/4% 12/31 THRU 01/20 TOTAL $1,979.53 Your messages | The interest, if any, charged to your account during December 2001 was computed on the net debit balance through December 30, The interest, if any, charged to your account during January 2002 is computed from December 31, 2001. f—™ stop] **e*** End of Statement™***** V/ =a 027 01/26/02,06:54 001 vS20 EFTA00195103