Statements EFTA00195237

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS io” °° ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevepHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO December 1, 2005 THROUGH December 30, 2005 accout nuvecr Does UD DesDLasucladesdslalLasbssleabstealesh bloated TAXPAYER NUMBER On File LAST STATEMENT November 30, 2005 Financial Summary ,. 3 EPSTEIN INTERESTS Your Portfolio Holdings 4 OTD 12/26/91 Transaction Detail ....eeseseene 5 JEFFERY E EPSTEIN & MARKL * FUNG ACTIVILY sissesssssonsseseseneeoneees EPSTEIN & WILLIAM ELKUS TIEES YOU M@SSAQES ..ueseesseeenseie 6 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio If any information regarding 2005interest, dividends, . Cash & Equivalent a $74,046 miscellaneous income, gross TOTAL VALUE OF SECURITIES THIS PERIOD 651,800 $72,068 proceeds or original issue MONEY MARKET FUND BALANCE 74,046 Equities $651,800 discount is required to be $613,200 reported to the IRS for this NET EQUITY THIS PERIOD $725,846 NET EQUITY LAST STATEMENT 685,268 CHANGE SINCE LAST STATEMENT 40,578 “This portfolio indudes one or more unpriced 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 diference or nomracaipt of checks of 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. account, a Consolidated Form HE current market value 1099will be mailed to you by QBBL Last statements market value January 31,2006or a 1042S by March 15,2006. This summary §s 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, 027 12/31/08;09:00 001 vasa EFTA00195238

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 12/31/0509:00 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vasa EFTA00195239

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of 6 Cash Flow Analysis THIS PERIOD OpeningBalance $0.00 Money Fund 228.25 Dividends/Interest 1,750.00 Amount Credited 1,978.25 Money Fund Amount Debited Closing Balance $0.00 Income Summary THIS PERIOD YEAR TO DATE 1,978.25 16,676.24 Dividends Portfolio Composition Cash/Cash Equivalent 74,046 651,800 Equities 027 12/31/05;08:00 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp ne Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO December 1, 2005 THROUGH December 30, 2005 account numccr [IG TAXPAYER NUMBER On File LAST STATEMENT November 30,2005 Your Portfolio Allocation Cash & Equivalent 10% + Equities 90% Unshaded portions denote debt balance andicr short market values. The allocation percemage is derived from the absokte market value of your porttollo. vasa EFTA00195240

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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 Brooklyn, New York 11201-3859 STEARNS New York New York 10179 rl | EPSTEIN INTERESTS 4 of6 STATEMENT PERIOO December 1, 2005 THROUGH December 30, 2005 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT — Novernber 30, 2005 CASH & CASH EQUIVALENTS NAARKET ESTIMATED = CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%} DREYFUS CASH MANAGEMENT-CL A DICKK 74,046.27 1.0000 74,046 2,814 3.8003 INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD _4,1100% TOTAL CASH & CASH EQUIVALENTS $74,046 $2,814 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available, The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell, The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www.bearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them, AoCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE _ ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANF CASH 10,000 65.1800 651,800 7,000 1.0739 BSC RATING: STOCK O/SECTOR MW CATHAY FINANCIAL, INC, BANPAIS SA-SPONSORED ADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $651,800 $7,000 TOTAL EQUITIES $651,800 $7,000 027 12/31/0509:00 001 vasa EFTA00195241

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $9,814 YOUR PRICED PORTFOLIOHOLDINGS $725,846 Transaction Detail MONEY FUND ACTIVITY DATE MavDAY TRANSACTION DESCAIPTION SYMBOUCUSIP 12/01/05 OPENINGBALANCE INSTITUTIONAL SHARES MONTHLY DIVIDEND 12/01/05 REINVEST OREYFUS CASH MANAGEMENT-CL A DICKK INSTITUTIONAL SHARES DIVIDEND REINVEST 12/20/05 BOUGHT DICKX QUANTITY PRICE 72,068.02 DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES 228.25 1,750 1.0000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO December 1,2005 December 30, 2005 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT November 30, 2005 CEBIT AMOUNT CAEDIT AMOUNT 228.25 228.25 1,750.00 12/30/05 CLOSINGBALANCE 74,046.27 TOTAL 12/31/08,09:00 001 $-1,978.25 $228.25 vasa EFTA00195242

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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 6 of6 , STATEMENT PERIOO December 1,2005 THROUGH December 30, 2005 accout nuvecr TAXPAYER NUMBER On File Transaction Detail (continued) DIVIDENDS LAST STATEMENT — November 30, 2005 DATE DESCRIPTION SYMBOUIOUSIF QUANTITY RATE (S$) DEBIT AMOUNT CAEDIT AMOUNT 12/20/05 ABERCROMBIE & FITCH CO-CLA ANF 10,000 0.1750 1,750.00 REC 11/29/05 PAY 12/20/05 TOTAL $1,750.00 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, (stop ****** End of Statement****** Y/Y 027 12/31/08,09:00 001 vasa EFTA00195243

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10 BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Deval MacaDdescalabaclelTeabsclabadiallalddbalill Financial Summary , » 3 EPSTEIN INTERESTS Your Portfolio Holdings . 4 DTD 12/26/91 Transaction Detail ...utieweeeeees 5 JEFFERY E EPSTEIN & MARKL * Fund ACtiVILY Auta EPSTEIN & WILLIAM ELKUS TEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $72,068 TOTAL VALUE OF SECURITIES THIS PERIOD* 613,200 Gash & Equivalent $71,846 MONEY MARKET FUND BALANCE 72,068 $613,200 == Oe HH Current market value NET EQUITY LAST STATEMENT 591,746 HEB Last statements market value CHANGE SINCE LAST STATEMENT 93,522 “This portfolio includes one of mor unpriced 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 amy difference of non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-514-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotoch Center North, Brmokyn N.Y. 11201-3869. 179 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO November 1, 2005 THROUGH November 30,2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT October 31,2005 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 12/01/08;07:35 001 vasa EFTA00195244

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 12/01/0507:35 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vasa EFTA00195245

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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 3 of STATEMENT PERIOO November 1, 2005 THROUGH November 30, 2005 Cash Flow Analysis Income Summary recor ween ™ms THIS PERIOD YEAR TO DATE aa LAST STATEMENT October 31, 2005 Dividends 221.76 14,697.99 Amount Credited $221.76 Money Fund 221.76 Portfolio Composition Amount Debited $-221.76 Cash/Cash Equivalent 72,068 Closing Balance $0.00 Equities 613,200 Total $685,268 Your Portfolio Allocation Cash & Equivalent, 10% — Equities 90% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 12/01/08,07:35 001 vase EFTA00195246

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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 11201-2859 New York New York 10179 a STEARN S — EPSTEIN INTERESTS 4 os STATEMENT PERIOG November 1, 2005 THROUGH November 30,2005 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings last sTaTeMeNt = October $1, 2005 CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRICTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD ('%} DREYFUS CASH MANAGEMENT-CL A DICKX 72,068.02 1.0000 72,068 2,667 3.7007 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 3 9000% TOTAL CASH & CASH EQUIVALENTS $72,068 $2,667 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight, In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons, Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www ,bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIE VALUE __ANNUAL INCOME YEUD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 10,000 61.3200 613,200 7,000 1.1416 BSC RATING: STOCK O/SECTOR MW CATHAY FINANCIAL, INC, RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $613,200 $7,000 TOTAL EQUITIES $613,200 $7,000 oz? 12101/08;07:35 001 vasa EFTA00195247

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Transaction Detail MONEY FUND ACTIVITY MOUDAY TRANSACTION: DESCAIPTION SYMBOUCUSIP 11/01/05 OPENINGBALANCE DIVIDEND DREYFUS CASH MANAGEMENT.CL A DICKX INSTITUTIONAL SHARES MONTHLY DIVIDEND {101/05 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKK INSTITUTIONAL SHARES DIVIDEND REINVEST $9,667 $685,268 71,846.26 PRICE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 EPSTEIN INTERESTS STATEMENT PERIOD November 1, 2005 THROUGH November 30, 2005 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT October 31, 2005 DEBIT AMOUNT CAEDIT AMOUNT 221.76 11/30/05 CLOSINGBALANCE 72,068.02 TOTAL 12/01/0807:35 001 $-221.76 $221.76 EFTA00195248

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10 BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What's In This Statement DovalMacaDDescealabaclelTeabssladadiallaldbbalill Financial Summary , . 3 EPSTEIN INTERESTS Your Portfolio Holdings . 4 OTD 12/26/91 Transaction Detail vo. 5 JEFFERY E EPSTEIN & MARKL * Fund ACtiVILY Autumn EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $71,846 TOTAL VALUE OF SECURITIES THIS PERIOD* 519,900 Cash & Equivalent esc $71,004 SSS eee HE Current market value NET EQUITY LAST STATEMENT 569,504 HEB Last statements market value CHANGE SINCE LAST STATEMENT 22,242 “This portfolio includes one of mom unpriced 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 amy difference of non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-614-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotoch Center North, Brooklyn N.Y. 11201-3859. 179 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD October 1, 2005 THROUGH October 31,2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 30, 2005 ‘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. 027 11/01/05;08:34 001 vas? EFTA00195249

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/01/0506:34 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195250

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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 Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | Le EPSTEIN INTERESTS 3 os STATEMENT PERIOO October 1, 2005 THROUGH October 31, 2005 Cash Flow Analysis Income Summary recor ween ™ms THIS PERIOD YEAR TO DATE HIS PERIOD LAST STATEMENT September 30, 2005 Dividends 842.68 14,476.23 Amount Credited Money Fund “642.68 Portfolio Composition Amount Debited . $-842.68 Cash/Cash Equivalent 71,846 Closing Balance $0.00 Equities 519,900 Total $591,746 Your Portfolio Allocation Cash & Equivalent, 13% — Equities 87% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 11/01/08,06:34 001 vas? EFTA00195251

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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 11201-2859 New York New York 10179 a STEARN S — EPSTEIN INTERESTS 405 STATEMENT PERIOO October 1, 2005 THROUGH October 31,2005 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings Last STATEMENT September 30, 2005 CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRICTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD ('%} DREYFUS CASH MANAGEMENT-CL A DICKX 71,846.26 1.0000 71,846 2,443 3.4003 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 3,7500% TOTAL CASH & CASH EQUIVALENTS $71,846 $2,443 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight, In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons, Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www ,bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YEUD [%) ABERCROMBIE & FITCH CO-CLA ANF CASH 10,000 51.9900 519,900 7,000 1.3464 BSC RATING: STOCK O/SECTOR MW CATHAY FINANCIAL, INC, RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $519,900 $7,000 TOTAL EQUITIES $519,900 $7,000 027 11/01/08;08:34 001 vas? EFTA00195252

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, 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 STATEMENT PERIOD October 1, 2005 THROUGH October 31,2005 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT September 30, 2005 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $9.443 YOUR PRICED PORTFOLIOHOLDINGS $591,746 Transaction Detail MONEY FUND ACTIVITY MO;DAY TRANSACTION DESCAIFTION SYMBOL/OUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 10/01/05 OPENINGBALANCE 71,003.58 {0/03/05 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKX INSTITUTIONAL SHARES MONTHLY DIVIDEND {0/03/05 REINVEST DREYFUS CASH MANAGEMENT-CL A DICK 842.68 842.68 INSTITUTIONAL SHARES DIVIDEND REINVEST 10/31/05 CLOSINGBALANCE 71,846.26 TOTAL $-842.68 $842.68 027 11/01/0806:34 001 vas? EFTA00195253

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10 BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . Transaction Detail ......sssssssessseresseesrees Fund Activity ,, ‘ Your Messages NOs w Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD* MONEY MARKET FUND BALANCE 71,004 NET EQUITY THIS PERIOD $569,504 NET EQUITY LAST STATEMENT 667,544 CHANGE SINCE LAST STATEMENT -98,040 “This portfolio includes one of mom ungriced 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. 179 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 71,004 499,500 (68 cane I soc7 10 Equities ee $498,500 HE Current market value | Last statements 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 September 1, 2005 THROUGH September 30, 2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 31,2005 Please report amy difference of non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-614-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotech Center North, Brmokyn, N.Y. 11201-3869. 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 information. 027 10/01/05;11:80 001 vase EFTA00195254

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 10/01/08;11:80 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vase EFTA00195255

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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 3 of8 STATEMENT PERIOD September 1, 2005 THROUGH September 30, 2005 Cash Flow Analysis Income Summary recor ween THIS PERIOD YEAR TO DATE LL LAST STATEMENT August 31,2005 Dividends 1,864.41 13,633.55 $0.00 600,269.41 $600,269.41 Amount Credited Securities Bought 548,405.00 Portfolio Composition Money Fund 1,864.41 Cash/Cash Equivalent 71,004 Funds Withdrawn -50,000.00 Equities 498,500 Amount Debited $-600,269.41 sueusnnneneesssssusnuneussunsunsunons sss; susuuseununnensunaus sss; sneusaunseneean seessesaeeseens suvscvaneuuenneeeeneeneenees ss eeneeneenenneenennegy sts aueeaeeneenen aueeneesiite Total $569,504 Closing Balance $0.00 Your Portfolio Allocation Cash & Equivalent, 13% — Equities 87% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. 027 10/01/05;11:80 001 Vass EFTA00195256

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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 11201-2859 New York New York 10179 a STEARN S — EPSTEIN INTERESTS 4 oe STATEMENT PERIOD September 1, 2005 THROUGH September 30, 2005 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT August 31, 2005 CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRICTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD ('%} DREYFUS CASH MANAGEMENT-CL A DICKX 71,003.58 1.0000 71,004 2,414 3.3998 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 3 .6200% TOTAL CASH & CASH EQUIVALENTS $71,004 $2,414 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight, In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons, Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www ,bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YEUD [%) ABERCROMBIE & FITCH CO-CLA ANF CASH 10,000 49.8500 498,500 7,000 1.4042 BSC RATING: STOCK P/SECTOR MW CATHAY FINANCIAL, INC, RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $498,500 $7,000 TOTAL EQUITIES $498,500 $7,000 027 10/01/085;11:80 001 vase EFTA00195257

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp Bear, Stearns & Co. Inc. ne Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | EPSTEIN INTERESTS STATEMENT PERIOO THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $9.414 YOUR PRICED PORTFOLIOHOLDINGS $569,504 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE September 1, 2005 September 30, 2005 On File August 31,2005 DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/12/05 09/07/05 BOUGHT ABERCROMBIE & FITCH CO-CLA ANF 10,000 54.78000 548,405.00 UNSOLICITED TOTAL $-548,405.00 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 09/20/05 FND WIRED MDA; IOS WIRED TO 50,000.00 ANK, NA FD#02822 TOTAL $-50,000.00 oz? 10/01/085;11:80 001 vas EFTA00195258

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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 a" 10179 EPSTEIN INTERESTS 6 of8 STATEMENT PERIOD September 1, 2005 THROUGH September 30, 2005 accout nuvecr TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT = August 31, 2005 Transaction Detail (continued) DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DeSIT AMOUNT CAEDIT AMOUNT 09/01/05 OPENINGBALANCE 667,544.17 09/01/05 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKX 1,864.41 INSTITUTIONAL SHARES MONTHLY DIVIDEND INSTITUTIONAL SHARES DIVIDEND REINVEST INSTITUTIONAL SHARES 09/20/05 SOLD DREYFUS CASH MANAGEMENT-CL a DICKX -50,000 1.0000 50,000.00 INSTITUTIONAL SHARES 09/30/05 CLOSINGBALANCE 71,003.58 TOTAL $-1,864.41 $600,269.41 027 10/01/05;11:80 001 Vass EFTA00195259

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BEAR STEARNS 7 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, 2005 and July 31, 2005, the Company's net capital of approximately $4,1 billion and $3,9 billion was approximately 6% and 7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.3 billion and $1,1 billion by approximately $2,8 billion and $2,8 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 PERIOD September 1, 2005 September 30,2005 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT August 31,2005 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 10/01/08;11:80 001 vase EFTA00195260

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BEAR STEARNS 8 of8 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 i 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. ****** 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 September 1, 2005 THROUGH September 30, 2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 31,2005 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:/Avww,bearstearns.com/, Click on Individual Investor, Click on Equities, Click on Order Routing Practices. 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, 027 10/01/08;11:80 001 vas EFTA00195261

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , : Your Portfolio Holdings . Transaction Detail ......s.ssssssessseresseeerees Fund Activity .,ssessssssesssesessctensssecaneseensars kW WwW Your Portfolio at a Glance MONEY MARKET FUND BALANCE NET EQUITY LAST STATEMENT 665,772 CHANGE SINCE LAST STATEMENT 1,772 "This portfolio indudes one of mom ungriced seourties that are not reflected in the 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. Please report amy difference or non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-454-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotoch Center North, Brmokiyn N.Y. 11201-3859. 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 HE Current market value S88 Last statements market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO July 30, 2005 THROUGH August 31,2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT July 29, 2005 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? 08/01/08;13:27 001 Vass EFTA00195262

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/01/08;13:27 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vases EFTA00195263

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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 as | EPSTEIN INTERESTS 3 of STATEMENT PERIOD July 30, 2005 THROUGH August 31,2005 . account xumccr = Cash Flow Analysis Income Summary SaxpaveR NUMBER On File Tis PERIOD Teas PERIOD YEAR TO DATE LAST STATEMENT duly 29, 2005 Dividends 1,772.51 11,769.14 $0.00 1,772.51 $1,772.51 Amount Credited Money Fund “1772.51 Portfolio Composition Amount Debited $-1,772.51 Cash/Cash Equivalent 667,544 Total $667,544 Closing Balance Your Portfolio Holdings CASH & CASH EQUIVALENTS . Your Portfolio MANRKET ESTIMATED CURRENT Allocation DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} DREYFUS CASH MANAGEMENT-CL A DICXX 667,544.17 1.0000 667,544 21,361 3.1999 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD _3,3400% TOTAL CASH & CASH EQUIVALENTS $667,544 $21,361 Cash & Equivalent 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 08/01/05;13:27 001 Vass EFTA00195264

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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 (continued) EQUITIES Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns com or can call (800) 517-2327 to request that a copy of this research be sent to them. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO July 30, 2005 August 31, 2005 accout nuvecr TAXPAYER NUMBER On File July 29, 2005 THROUGH LAST STATEMENT ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SERL SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $21,361 YOUR PRICED PORTFOLIOHOLDINGS $667,544 Transaction Detail MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT (CREDIT AMOUNT 07/30/05 OPENINGBALANCE 665,771.66 INSTITUTIONAL SHARES MONTHLY DIVIDEND 027 08/01/05;13:27 001 vases EFTA00195265

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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 fl Le EPSTEIN INTERESTS 5 os STATEMENT PERIOO July 30, 2005 THROUGH August 31, 2005 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT = July 29, 2005 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT CREDIT AMOUNT 08/01/05 REINVEST OREYFUS CASH MANAGEMENT-CL A DICKX 1,772.51 1,772.51 INSTITUTIONAL SHARES DIVIDEND REINVEST 08/31/05 CLOSINGBALANCE 667,544.17 TOTAL $-1,772.51 $1,772.51 /—™ (stor) **e*** End of Statement™***** \ vA 027 09/01/08;13:27 001 vaos EFTA00195266

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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 TevePHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY sscssssscsssersnscasecrensaee Your Portfolio Holdings Transaction Detail Fund Activity wen kW Ww Your Portfolio at a Glance Hones ane NW BAAS css.r7e ten Coot NET EQUITY THIS PERIOD ‘ $665,772 NET EQUITY LAST STATEMENT 664,165 CHANGE SINCE LAST STATEMENT 1,607 "This portfolio indudes one or more ungriced seourties that are not reflected in the 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. Please report amy difference or non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-614-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotoch Center North, Bmokyn N.Y. 11201-3859. EPSTEIN INTERESTS OTD 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 HE Current market value $888 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 1,2005 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT $665,772 $664,165 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. oz? 07/3008;10:09 001 Vass July 29, 2005 June 30, 2005 EFTA00195267

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/30008;10:03 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vases EFTA00195268

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT ewe, Sienres Germahies On Bear, Stearns & Co. Inc. eee neal preg hers BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10179 as | EPSTEIN INTERESTS 3 of STATEMENT PERIOO July 1, 2005 THROUGH July 29, 2005 . account xumccr = Cash Flow Analysis Income Summary SaxpaveR NUMBER On File Tis PERIOD Teas PERIOD YEAR TO DATE LAST STATEMENT June 30, 2005 Dividends 1,607.05 9,996.63 $0.00 1,607.05 Amount Credited $1,607.05 Money Fund “1,807.06 Portfolio Composition Amount Debited . $-1 ,607.05 Cash/Cash Equivalent 665,772 Closing Balance Total $665,772 Your Portfolio Holdings CASH & CASH EQUIVALENTS . Your Portfolio MANRKET ESTIMATED CURRENT Allocation DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} DREYFUS CASH MANAGEMENT-CL A DICXX 665,771.66 1.0000 665,772 19,307 2.8999 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD _3.2000% TOTAL CASH & CASH EQUIVALENTS $665,772 $19,307 Cash & Equivalent 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 07/3008;10:03 001 Vass EFTA00195269

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metatech Canter North BEAR 383 Madison Avenue Brockln, New York 11201-2859 STEARNS New York New York 10179 | Le EPSTEIN INTERESTS 4 ofS STATEMENT PERIOO July 1, 2005 THROUGH July 29, 2005 Your Portfolio Holdings (continued) account xumccr = EQUITIES TAXPAYER NUMBER On File LAST STATEMENT June 30, 2005 Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns com or can call (800) 517-2327 to request that a copy of this research be sent to them. ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SERL SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $19,307 YOUR PRICED PORTFOLIOHOLDINGS $665,772 Transaction Detail MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT (CREDIT AMOUNT 07/01/05 OPENINGBALANCE 664,164.61 INSTITUTIONAL SHARES MONTHLY DIVIDEND 027 07/3008;10:03 001 Vass EFTA00195270

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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 fl Le EPSTEIN INTERESTS 5 os STATEMENT PERIOD July 1,2005 THROUGH July 29, 2005 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT = June 30, 2005 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT CREDIT AMOUNT 07/01/05 REINVEST OREYFUS CASH MANAGEMENT-CL A DICKX 1,607.05 1,607.05 INSTITUTIONAL SHARES DIVIDEND REINVEST 07/29/05 CLOSINGBALANCE 665,771.66 TOTAL $-1,607.05 $1,607.05 /—™ (stor) **e*** End of Statement™***** \ vA 027 07/30108;10:09 001 aos EFTA00195271

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE wow.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . Transaction Detail ........ssesssesseresseeerees Fund Activity .. : Your Messages or & WwW Your Portfolio at a Glance MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD $664,165 NET EQUITY LAST STATEMENT 662,207 CHANGE SINCE LAST STATEMENT 1,958 “This portfolio indudes one or more ungriced seourties that are not reflected in the 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. Please report amy diference or non-receipt of checks or stocks, indicated as delivered 10 you, % Client Services at 800-614-1428; or write to Clent Services at Bear, Steams Securities Corp., One Maotoch Center North, Brmokyn 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 HE Current market value S85 Last statements market value ‘This summary is for informational purposes only. It Is not 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 June 1,2005 THROUGH June 30, 2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31,2005 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. ‘This statemem should be retained for your records. See reverse side for important information. o27 07/01/05;10:42 001 vasaiP EFTA00195272

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/01/08;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vasalP EFTA00195273

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of Cash Flow Analysis THIS PERIOD Balance $0.00 1,957.55 Money Fund Amount Credited $1,957.55 Money Fund -1,957.55 Closing Balance $0.00 Your Portfolio Holdings CASH & CASH EQUIVALENTS Income Summary THIS PERIOD 1,957.55 YEAR TO DATE 8,389.58 Dividends Portfolio Composition Cast/Cash Equivalent 664,165 Total $664,165 MARKET ESTIMATED = CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} DREYFUS CASH MANAGEMENT-CL A DICXX 664,164.61 1.0000 664,165 19,261 2.9000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD_3,0400% TOTAL CASH & CASH EQUIVALENTS $664,165 $19,261 o27 07/01/08;10:42 001 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, 2005 June 30, 2005 accout nuvecr TAXPAYER NUMBER On File May 31, 2005 THROUGH LAST STATEMENT 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. vasaiP EFTA00195274

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metatech Canter North BEAR 383 Madison Avenue Brockln, New York 11201-2859 STEARNS New York. New York 10179 | Le EPSTEIN INTERESTS 4 ofS STATEMENT PERIOO June 1,2005 THROUGH June 30, 2005 Your Portfolio Holdings (continued) account xumccr = EQUITIES TAXPAYER NUMBER On File ons * LAST STATEMENT May 31, 2005 Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns com or can call (800) 517-2327 to request that a copy of this research be sent to them. ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SERL SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $19,261 YOUR PRICED PORTFOLIOHOLDINGS $664,165 Transaction Detail MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT (CREDIT AMOUNT 06/01/05 OPENINGBALANCE 662,207.06 INSTITUTIONAL SHARES MONTHLY DIVIDEND o27 07/01/08;10:42 001 vasaiP EFTA00195275

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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 Brooklyn, New York 11201-3859 STEARNS New York New York 10179 as | EPSTEIN INTERESTS 5 os STATEMENT PERIOD June 1, 2005 THROUGH June 30, 2005 accout nuvecr TAXPAYER NUMBER On File Transaction Detail (continued) MONEY FUND ACTIVITY (continued) LAST STATEMENT = May 31, 2005 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/01/05 REINVEST OREYFUS CASH MANAGEMENT-CL A DICKX 1,957.55 1,957.55 INSTITUTIONAL SHARES DIVIDEND REINVEST 06/30/05 CLOSINGBALANCE 664,164.61 TOTAL $-1,957.55 $1,957.55 Your messages ES Bear Stearns receives payments or other remuneration from the advisers, distributors or other affiliates of certain of the mutual funds available through Bear Stearns, Such payments or remuneration are for administrative, technological or other services provided in connection with fund accounts and are generally calculated based on the amount of assets held in the accounts, Such payments or other remuneration are in addition to shareholder servicing and distribution fees that Bear Stearns may receive, Funds whose affiliates do not make payments to Bear Steams, including funds that may pay a higher or lower return, may be available to you, ****** End of Statement™***** 027 07/01/08;10:42 001 wasaiP EFTA00195276

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS a" 10179 ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY ssesssssscsssessnscasecneniaee Your Portfolio Holdings Transaction Detail Fund Activity wen aor ow Your Portfolio at a Glance MONEY MARKET FUND BALANCE 662,207 NET EQUITY LAST STATEMENT 810,425 CHANGE SINCE LAST STATEMENT 148,218 "This portfolio indudes one of mom ungriced securties 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. Please report amy difference of non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-614-1428; of write to Clent Services at Bear, Steams Securities Comp., One Matrotoch Center North, Brmokyn N.Y. 11201-3859. Cash & Equivalent CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO April 30,2005 THROUGH May 31,2005 accout nuvecr seal MDccldesccdebaddlbedlebilalbaldbalalel TAXPAYER NUMBER On File LAST STATEMENT April 29, 2005 EPSTEIN INTERESTS OTD 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 12.207 $810,425 HE Current market value $888 Last statements market value 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 information. oz? 06/01/08;09:08 001 vara EFTA00195277

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE (06/01/05;09:03 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vara EFTA00195278

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of Cash Flow Analysis THIS PERIOD $0.00 151,781.58 Amount Credited $151,781.58 Money Fund 1,781.58 Funds Withdrawn -150,000.00 Amount Debited $-151,781.58 Closing Balance $0.00 Your Portfolio Holdings CASH & CASH EQUIVALENTS Income Summary THIS PERIOD 1,781.58 YEAR TO DATE 6,432.03 Dividends Portfolio Composition Cash/Cash Equivalent 662,207 Total $662,207 NANRKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%} DREYFUS CASH MANAGEMENT-CL A DICXX 662,207.06 1.0000 662,207 17,217 25999 INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD _2,9000% TOTAL CASH & CASH EQUIVALENTS $662,207 $17,217 02? 06/01/05;09:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD April 30,2005 May 31, 2005 accout nuvecr TAXPAYER NUMBER On File April 29, 2005 THROUGH LAST STATEMENT 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 portioiio. vara EFTA00195279

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Steams & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 mm | EPSTEIN INTERESTS 405 STATEMENT PERIOD April 30,2005 THROUGH May 31, 2005 Your Portfolio Holdings (continued) account numccr EQUITIES TAXPAYER NUMBER On File LAST STATEMENT | 29, 2005 Equities & Options “en Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns,com or can call (800) 517-2327 to request that a copy of this research be sent to them. ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP 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 PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $17,217 YOUR PRICED PORTFOLIOHOLDINGS $662,207 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 05/31/05 FND WIRED MDA; FNDS WIRED TO 150,000.00 iE BANK, NA TOTAL $-150,000.00 027 (06/01/08,09:03 001 vara EFTA00195280

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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 os STATEMENT PERIOO April 30,2005 THROUGH May 31, 2005 Transaction Detail (continued) —_ | TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT — April 29, 2005 OATE MODAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 04/30/05 OPENINGBALANCE 810.425.48 05/02/05 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKX 1,781.58 INSTITUTIONAL SHARES MONTHLY DIVIDEND INSTITUTIONAL SHARES DIVIDEND REINVEST INSTITUTIONAL SHARES 05/31/05 CLOSINGBALANCE 662,207.06 TOTAL $-1,781.58 $151,781.58 /-™ (stor) **e*** End of Statement™***** VY 027 06/01/05;08:08 001 vara EFTA00195281

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS a" 10179 ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY ssesssssscsseersnscasecneniaee Your Portfolio Holdings Transaction Detail Fund Activity wisn Fk wOwW 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 PERIOD April 1, 2005 THROUGH April 29, 2005 accout nuvecr sll Dcclesclebaddlbdlalolalbald balled TAXPAYER NUMBER On File LAST STATEMENT March 31,2005 EPSTEIN INTERESTS OTD 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 $810.425 Mone a IND BALANCE eio.sa5 cons nee I sa NET EQUITY LAST STATEMENT 808,681 CHANGE SINCE LAST STATEMENT 1,744 "This portfolio indudes one or mom ungriced securties that are not reflected in the 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. Please report amy difference of non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-614-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotoch Center North, Brmokyn N.Y. 11201-3859. HH Current market value S888 Last statement's market value 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. oz? 04/3008;11:24 001 var? EFTA00195282

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE (04/90/08;11:24 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195283

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of Cash Flow Analysis Income Summary THIS PERIOD 1,744.18 YEAR TO DATE 4,650.45 THIS PERIOD Dividends Amount Credited $1,744.18 Money Fund 1,744.18 Portfolio Composition Amount Debited . Cash/Cash Equivalent 810,425 Closing Balance Total $810,425 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED == CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} DREYFUS CASH MANAGEMENT-CL A DICXX 810,425.48 1.0000 810,425 20,261 2.5000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 2,6900% TOTAL CASH & CASH EQUIVALENTS $810,425 $20,261 o27 04/°3008;11:24 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD April 1, 2005 April 29, 2005 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT March 31, 2005 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 portioiio. var? EFTA00195284

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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 (continued) EQUITIES Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns com or can call (800) 517-2327 to request that a copy of this research be sent to them. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD April 1, 2005 April 29, 2005 accout nuvecr TAXPAYER NUMBER On File March 31,2005 THROUGH LAST STATEMENT ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SERL SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $20,261 YOUR PRICED PORTFOLIOHOLDINGS $810,425 Transaction Detail MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT (CREDIT AMOUNT 04/01/05 OPENINGBALANCE 808,681.30 INSTITUTIONAL SHARES MONTHLY DIVIDEND 027 (04/30105;11:24 001 EFTA00195285

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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 fl Le EPSTEIN INTERESTS 5 os STATEMENT PERIOD April 1, 2005 THROUGH April 29, 2005 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT = March 31, 2005 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT CREDIT AMOUNT 04/01/05 REINVEST OREYFUS CASH MANAGEMENT-CL A DICKX 1,744.18 1,744.18 INSTITUTIONAL SHARES DIVIDEND REINVEST 04/29/05 CLOSINGBALANCE 810,425.48 TOTAL $-1,744.18 $1,744.18 /—™ (stor) **e*** End of Statement™***** \ vA 027 04/30105;11:24 001 var? EFTA00195286

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BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevepHone VISIT OUR WEBSITE OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 www.bearstearns.com What’s In This Statement Financial SUMMALY sscsssssscsssessnscasecneniaee Your Portfolio Holdings Transaction Detail Fund Activity sss Your Messages sssrssssssesssssseatseensceacenians ouFr OW Your Portfolio at a Glance MONEY MARKET FUND BALANCE NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT wet County was ese em 832,238 23,557 “This portfolio indudes one of mom ungriced 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. EPSTEIN INTERESTS OTD 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 HM Current market value $88 Last statements market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO March 1, 2005 THROUGH March 31,2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2005 Please report amy difference of non-receipt of checks of stocks, indicated as delivered to you, % Client Services at 800-614-1428; of write to Clent Services at Bear, Steams Securities Corp., One Matrotoch Center North, Brmokiyn N.Y. 11201-3859. This summary is for informational purposes only. It ts not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. oz? 04/01/08;09:49 001 EFTA00195287

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/01/05;09:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS va7ré EFTA00195288

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of6 Cash Flow Analysis THIS PERIOD Income Summary THIS PERIOD 1,443.37 YEAR TO DATE Dividends 2,906.27 Amount Credited $26,443.37 Money Fund 1403.37 Portfolio Composition Funds Withdrawn -25.000.00 Cash/Cash Equivalent 808,681 Amount Debited $-26,443.37 sosnseasscecnses s eascceecssecsnsoassea es : sseasseasscaeoesceonness : sssecsssoasseast sseesseccesees rirnasetcrterres corssssnsensensencentenesieneeneeneeneencionmiiomeeronenenens ‘Total $508.681 Closing Balance $0.00 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} DREYFUS CASH MANAGEMENT-CL A DICXX 808,681.30 1.0000 808,681 16,982 2.1000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 2,6700% TOTAL CASH & CASH EQUIVALENTS $808,681 $16,982 o27 04/01/08,09:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO March 1, 2005 March 31,2005 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent 100% February 28,2005 Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. va7ré EFTA00195289

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) EQUITIES Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns,com or can call (800) 517-2327 to request that a copy of this research be sent to them. ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP 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 PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $16,982 YOUR PRICED PORTFOLIOHOLDINGS $808,681 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT (CREDIT AMOUNT 03/28/05 FND WIRED MDA; FNDS WIRED TO 25,000.00 iE BANK, NA FD#OS600 $-25,000.00 04/01/05,09:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO March 1, 2005 March 31,2005 accoust numecr [S TAXPAYER NUMBER On File THROUGH LAST STATEMENT February 28,2005 EFTA00195290

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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 a" 10179 5 of6 EPSTEIN INTERESTS STATEMENT PERIOO March 1, 2005 THROUGH March 31, 2005 accout nuvecr TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT —- February 28, 2005 Transaction Detail (continued) DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DeSIT AMOUNT CAEDIT AMOUNT 03/01/05 OPENINGBALANCE 832,237.93 03/01/05 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKX 1,443.37 INSTITUTIONAL SHARES MONTHLY DIVIDEND INSTITUTIONAL SHARES DIVIDEND REINVEST INSTITUTIONAL SHARES 03/31/05 CLOSINGBALANCE 808.681.30 TOTAL $-1,443.37 $26,443.37 02? 04/01/08;08:49 001 are EFTA00195291

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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 i Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2004 and January 31, 2005, the Company's net capital of approximately $3,8 billion and $3,8 billion was approximately 6,4% and 6,3% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.2 billion and $1,2 billion by approximately $2,6 billion and $2,6 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, STOP ****** End of Statement™***** 027 04/01/05;09:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOG March 1,2005 THROUGH March 31,2005 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28,2005 EFTA00195292

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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 1, 2005 TecepHone = THROUGH February 28, 2005 VISIT OUR WEBSITE wow.bearstearns.com account numeccr = What’s In This Statement sell MDccaldescclebdlbedlalolalbaldbalalel TAXPAYER NUMBER On File LAST STATEMENT January 31, 2005 Financial SUMMA sews EPSTEIN INTERESTS Your Portfolio Holdings 3 OTD 12/26/91 Transaction Detail 4 JEFFERY E EPSTEIN & MARKL * Fund Activity sss 4 EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $832.238 Mover wane FUN BALANCE eco.zge ‘ons tonotn — I So : wet Coury wes peso neces een =e vue sins srunesnanatuns nsnotes masunstansamnssneodasiee amannetouna seasons sea | enatnascannoca SERB Last statement’s market value NET EQUITY LAST STATEMENT 830,775 CHANGE SINCE LAST STATEMENT 1,463 "This portfolio indudes one of mom unpriced seourties that are not reflected in he 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. Piesse report amy difference or nor-receigt 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 Services at 800-634-1428; or write to Clent Services at Bear, Steams Securities ‘Ths statemem should be retamed for your records See reverse side for important information. ‘Conmp., One Mewotech Center North, Brooklyn N.Y. 11201-3859. 027 (0€/01/05;11:09 001 yar2 EFTA00195293

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 0@/01/05;11:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS var2 EFTA00195294

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT ewe, Sienres Germahies On Bear, Stearns & Co. Inc. eee neal preg hers BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10179 as | EPSTEIN INTERESTS 3 of STATEMENT PERIOO February 1, 2005 THROUGH February 28,2005 . account xumccr = Cash Flow Analysis Income Summary SaxpaveR NUMBER On File Tis PERIOD Teas PERIOD YEAR TO DATE LAST STATEMENT January 31, 2005 Dividends 1,462.90 1,462.90 $0.00 1,462.90 $1,462.90 Amount Credited Money Fund ~1,462.90 Portfolio Composition Amount Debited $-1,462.90 Cash/Cash Equivalent 832,238 Total $832,238 Closing Balance Your Portfolio Holdings CASH & CASH EQUIVALENTS . Your Portfolio MANRKET ESTIMATED CURRENT Allocation DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} DREYFUS CASH MANAGEMENT-CL A DICXX 832,237.93 1.0000 832,238 17,477 2.1000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD _2,3400% TOTAL CASH & CASH EQUIVALENTS $832,238 $17,477 Cash & Equivalent 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 04/01/05;11:09 001 var2 EFTA00195295

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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 (continued) EQUITIES Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns com or can call (800) 517-2327 to request that a copy of this research be sent to them. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO February 1, 2005 February 28,2005 accout nuvecr TAXPAYER NUMBER On File January 31, 2005 THROUGH LAST STATEMENT ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SERL SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $17,477 YOUR PRICED PORTFOLIOHOLDINGS $832,238 Transaction Detail MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT (CREDIT AMOUNT 02/01/05 OPENINGBALANCE 830,775.03 INSTITUTIONAL SHARES MONTHLY DIVIDEND 027 04/01/05;11:09 001 EFTA00195296

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 5 os Transaction Detail (continued) MONEY FUND ACTIVITY (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO February 1, 2005 February 28,2005 THROUGH accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT January 31, 2005 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 02/01/05 REINVEST OREYFUS CASH MANAGEMENT-CL A DICK 1,462.90 1,462.90 INSTITUTIONAL SHARES DIVIDEND REINVEST 02/28/05 CLOSINGBALANCE 832,237.93 TOTAL $-1.462.90 $1,462.90 (stor ****** End of Statement****** A —S 04/01/05;11:08 001 varT2 EFTA00195297

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BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TevePHone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings Transaction Detail ......sssesssessseresseeerees OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 rk wWwW Your Portfolio at a Glance MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD $830,775 NET EQUITY LAST STATEMENT 829,424 CHANGE SINCE LAST STATEMENT 1,351 "This portfolio indudes one of more ungriced seourties that are not reflected in he Total Value of Securtios and tha Net Equity This Period There are no "Stop Loss” orders or other pending buy EPSTEIN INTERESTS OTD 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 HH Current market value $888 Last statements market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO January 1, 2005 THROUGH January 31, 2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT December 31, 2004 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. 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 information. oz? 02/01/08;07:85 001 EFTA00195298

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 02/01/08;07:85 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS vara EFTA00195299

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Soar, Stowne Securities Con Bear, Stearns & Co. Inc. One Metotech Center Nort BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 | | EPSTEIN INTERESTS 3 ofS STATEMENT PERIOD January 1, 2005 THROUGH January 31, 2005 : . sar ACCOUNT NUMBER fs Cash Flow Analysis Portfolio Composition TAXPAYER NUMBER On File ee Cash/Cash Equivalent 830,775 LAST STATEMENT December 31, 2004 $0.00 Total 1.351.01 sansanssenssoees ecensensensesona enased eneanenseea tensansansess neanee Amount Credited $1,351.01 Money Fund “1,351.01 Amount Debited . $-1,351.01 Closing Balance Your Portfolio Holdings CASH & CASH EQUIVALENTS . Your Portfolio MANRKET ESTIMATED CURRENT Allocation DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} DREYFUS CASH MANAGEMENT-CL A DICXX 830,775.03 1.0000 830,775 16,616 2.0001 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD _2,1700% TOTAL CASH & CASH EQUIVALENTS $830,775 $16,616 Cash & Equivalent 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 02/01/08,07:55 001 va7o EFTA00195300

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metatech Canter North BEAR 383 Madison Avenue Brockln, New York 11201-2859 STEARNS New York, New York 10179 | Le EPSTEIN INTERESTS 4 ofS STATEMENT PERIOD January 1, 2005 THROUGH January 31, 2005 Your Portfolio Holdings (continued) account xumccr = EQUITIES TAXPAYER NUMBER On File eas . LAST STATEMENT December 31,2004 Equities & Options Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www,bearstearns com or can call (800) 517-2327 to request that a copy of this research be sent to them. ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SERL SHS Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $16,616 YOUR PRICED PORTFOLIOHOLDINGS $830,775 Transaction Detail MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OESIT AMOUNT (CREDIT AMOUNT 01/01/05 OPENINGBALANCE 829,424.02 INSTITUTIONAL SHARES DIVIDEND REINVEST 027 02/01/08;07:85 001 vara EFTA00195301

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 5 os Transaction Detail (continued) MONEY FUND ACTIVITY (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO January 1, 2005 January 31, 2005 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT December 31, 2004 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 01/03/05 DIVIDEND OREYFUS CASH MANAGEMENT-CL A DICK 1,351.01 INSTITUTIONAL SHARES AMT INCLUDED IN 2004 - 1099 01/31/05 CLOSINGBALANCE 830,775.03 TOTAL $-1,351.01 $1,351.01 (stor ****** End of Statement****** A —S 02/01/05;07:85 001 va7o EFTA00195302