Statements EFTA00195371

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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 New York, New York 10179 a STEARN S — EPSTEIN INTERESTS INVESTMENT PROFESSIONAL ZICHERMAN,IRA STATEMENT PERIOO June 30, 2007 TeepHone =| THROUGH July 31, 2007 VISIT OUR WEBSITE www.bearstearns.com account unccr What’s In This Statement Does UM DesDLasucladssdslalLasbeslsabeslealleshbloesblill TAXPAYER NUMBER On File LAST STATEMENT = June 29, 2007 Financial SUMMAL aise So EPSTEIN INTERESTS Your Portfolio Holdings 4 DTD 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Fund Activity sss 5 EPSTEIN & WILLIAM ELKUS TTEES Your Messages suees en cus enn cus enesenenesesenseses 6 457 MADISON AVENUE 4TH FLA NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $271,118 Tom YAUE o eos mis renco> 949,500 ‘wns Soa — III MONEY MARKET FUND BALANCE 271,118 Equities 349,500 $364,900 corer sa aie MET EQUITY THES PERIOD nee oO tON8 HE current market value NET EQUITY LAST STATEMENT 634,873 BEBE Last statements market value CHANGE SINCE LAST STATEMENT -14,255 “This portfolio indudes one or more urpriced 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 nomroceigt of checks or stocks, indicated as delivered to you, Sirc This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-624-1428; or write to Clan! Services at Boar, Stearns Securities This statement should be retained for your records. See reverse side for important information. Corp. One Metrotech Center North, Brooklyn. N.Y. 11201-3859 027 08/01/07,07:19 001 wos EFTA00195372

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 08/01/07,07:19 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195373

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BEAR STEARNS 3 of6 Cash Flow Analysis OpeningBalance Money Fund Amount Credited Money Fund Amount Debited Closing Balance OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERIOD $1,144.87 1,144.87 $-1,144.87 $0.00 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 30,2007 July 31, 2007 accout nuvecr TAXPAYER NUMBER On File June 29, 2007 THROUGH Income Summary YEAR TO DATE 8,807.60 THS PERIOD 1,144.87 LAST STATEMENT Portfolio Composition Cash/Cash Equivalent 271,118 Equities 349,500 $620,618 Total Your Portfolio Allocation Cash &Equivalent 44% quites 56% Unshaded portions denote debt balance andlor short market values. The allocation percamage is derved from the absokte market value of your porttoli. 08/01/0707:19 001 wos EFTA00195374

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 4 o6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 271,117.87 1.0000 271,118 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,2100% TOTAL CASH & CASH EQUIVALENTS $271,118 EQUITIES Equities & Options CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 30, 2007 THROUGH duly 31, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 29, 2007 The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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, ACT NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 5,000 69.9000 349,500 3,500 1.0014 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $349,500 $3,500 TOTAL EQUITIES $349,500 $3.500 027 08'01/07,07:19 001 ors EFTA00195375

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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 Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | EPSTEIN INTERESTS STATEMENT PERIOD June 30, 2007 THROUGH July 31, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 29, 2007 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $3,500 YOUR PRICED PORTFOLIOHOLDINGS $620,618 Transaction Detail MONEY FUND ACTIVITY TE MO.DAY TRANSACTION DESCAIPTION SYMBOLCUSIP QUANTITY PRICE QEBIT AMOUNT CAEDIT AMOUNT 06/30/07 OPENINGBALANCE 269.973 07102107 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKK 44.87 INSTITUTIONAL SHARES MONTHLY DIVIDEND 07/02/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKX 1,144.87 1,144.87 INSTITUTIONAL SHARES DIVIDEND REINVEST 07/31/07 CLOSINGBALANCE 271,117.87 TOTAL $-1,144.87 $1,144.87 o27 08/01/07,07:19 001 wos EFTA00195376

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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 TE You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, STOP: ****** End of Statement****** Y/Y 027 08/01/07,07:19 001 wis CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD June 30, 2007 THROUGH ACCOUNT NUMBER July 31, 2007 TAXPAYER NUMBER On File LAST STATEMENT dune 29, 2007 EFTA00195377

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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 New York New York 10179 a STEARN S — EPSTEIN INTERESTS INVESTMENT PROFESSIONAL ZICHERMAN,IRA STATEMENT PERIOD June 1, 2007 TeepHone =| THROUGH June 29, 2007 VISIT OUR WEBSITE www.bearstearns.com account uncer What’s In This Statement Does MDesulLssuclsdesdslallasbosleabeslealleshbsboeablll TAXPAYER NUMBER On File LAST STATEMENT May 31,2007 Financial SUMMALY ais SD EPSTEIN INTERESTS Your Portfolio Holdings 4 OTD 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Fund Activity ..ssee 5 EPSTEIN & WILLIAM ELKUS TTEES Your Messages seees en cus enn usu cesenencesesenseses 6 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $269,973 TOTAL VALUE OF SECURITIES THIS PERIOD* 364,900 88h & Equivalent es $267,923 MONEY MARKET FUND BALANCE 269,973 Emutien 364,900 $413,250 NET EQUITY THIS PERIOD $634,873 desea seocescescnsensnsunensusnsoeeseees snenensusensncn sesseososcunensusenensuaesosessoee® HME current market value NET EQUITY LAST STATEMENT 681,173 BEBE Last statements market value CHANGE SINCE LAST STATEMENT -46,300 “This portfolio indudes one or more urpriced 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 diterence or non-receipt of checks or stocks, indicated as delivered to you, Sirc This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities This statement should be retained for our records. See reverse side for important information. Corp. One Metrotech Center North, Brooklyn. N.Y. 11201-3859 027 06/30/07,07:43 001 vot EFTA00195378

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 027 OG/3007,07:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195379

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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 OpeningBalance Money Fund Dividends/Interest 1,175.49 875.00 Amount Credited $2,050.49 Money Fund Amount Debited -2,050.49 $-2,050.49 $0.00 Closing Balance 027 Income Summary THS PERIOD 2,050.49 YEAR TO DATE 7,662.73 Portfolio Composition Cash/Cash Equivalent 269,973 Equities 364,900 $634,873 Total 06300707143 001 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, 2007 June 29, 2007 accout nuvecr TAXPAYER NUMBER On File May 31,2007 THROUGH LAST STATEMENT Your Portfolio Allocation Cash &Equivalent 43% Equities S7% Unshaded portions denote debt balance andicr short market values. The allocation percamage is dervod from the absokte market value of your porttolio. EFTA00195380

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 4o7 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 269,973 1.0000 269,973 INSTITUTIONAL SHARES EST, 30_DAY AVG YIELD _5.2200% TOTAL CASH & CASH EQUIVALENTS $269,973 EQUITIES Equities & Options 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, 2007 THROUGH June 29, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31,2007 The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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, ACT NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 5,000 72.9800 364,900 3,500 0.9592 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $364,900 $3,500 TOTAL EQUITIES $364,900 $3.500 027 06/3007,07:43 001 vont EFTA00195381

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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 $3,500 YOUR PRICED PORTFOLIOHOLDINGS $634,873 Transaction Detail MONEY FUND ACTIVITY DATE MO/DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE 06/01/07 OPENINGBALANCE 267,922.51 OREYFUS CASH MANAGEMENT-CL A DICKX INSTITUTIONAL SHARES MONTHLY DIVIDEND 06/01/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKX 1,175.49 INSTITUTIONAL SHARES DIVIDEND REINVEST 06/26/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL =SHARES DICKX 875 1.0000 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, 2007 June 29, 2007 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT May 31, 2007 CEBIT AMOUNT CAEDIT AMOUNT T7549 1,175.49 875.00 06/29/07 CLOSINGBALANCE 269.973 TOTAL o27 06/3007,07:43 001 $-2,050.49 $1,175.49 wot EFTA00195382

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BEAR 6 of? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue STEARNS a" 10179 Transaction Detail (continued) 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, 2007 THROUGH June 29, 2007 accout nuvecr TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) CEBIT AMOUNT CREDIT AMOUNT 06/26/07 ABERCROMBIE & FITCH CO-CLA ANF 5,000 0.1750 875.00 REC 06/05/07 PAY 06/26/07 TOTAL $875.00 Your messages ie Confirmation: Unless we hear from you to the contrary, it is our understanding ie SPECIAL NOTICE FOR MARGIN CUSTOMERS that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us, If you are a customer with a margin account, you consent to Bear Steams's night to use, lend or pledge any securities held by Bear Stearns in your margin account, In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant nghts of ownership with respect to the loaned, sold or pledged securities, Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions, If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends. o27 06/3007,07:43 001 wit EFTA00195383

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BEAR STEARNS Tor OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 i You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. (‘BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. ****** 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 PERIOO June 1, 2007 THROUGH June 29, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31,2007 TZ In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR). The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and minimize market impact with respect to your order, The SOR routes orders using proprietary algorithms that scan exchanges, ECN’s and other liquidity venues before it decides a strategy designed to achieve an optimal execution for clients. The SOR may in the course of executing an instruction change the entered order type from market to limit or may change the entered limit price in an attempt to obtain the best price, Although the Firm believes that the regular use of this technology benefits clients by achieving overall better execution quality, we cannot guarantee an optimal execution on any individual order, 0630070743 001 wit EFTA00195384

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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 New York. New York 10179 a STEARN S — EPSTEIN INTERESTS INVESTMENT PROFESSIONAL ZICHERMAN,IRA STATEMENT PERIOD May 1, 2007 TeepHone =| THROUGH May 31, 2007 VISIT OUR WEBSITE www.bearstearns.com accout uncer What’s In This Statement avs MDesDLassucladesdslalLabesleabatealleshlboesbeslll TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 Financial SUMMAL ais So EPSTEIN INTERESTS Your Portfolio Holdings 4 OTD 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Fund Activity sss 5 EPSTEIN & WILLIAM ELKUS TTEES Your Messages se nee as ane as ane anaes ence ane aneeaeeee 6 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $267,923 TOTAL VALUE OF SECURITIES THIS PERIOD* 413,250 Cash & Equivalent ees $266,793 ere aennneeneees: teeeeeeee $408,300 renee “SaaS HME current market value NET EQUITY LAST STATEMENT 675,093 BERL Last statement’s market value CHANGE SINCE LAST STATEMENT 6,080 “This portfolio indudes one or 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 difference or nomroceigt of checks or stocks, indicated as dalivered to you, Sirc This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities This statement should be retained for our records. See reverse side for important information. Corp. One Metrotech Center North, Brooklyn. N.Y. 11201-3859 027 06/01/07:05:44 001 voro EFTA00195385

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 06/01/07,05:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195386

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BEAR STEARNS 3 of 6 Cash Flow Analysis OpeningBalance Money Fund Amount Credited Money Fund Amount Debited Closing Balance OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERIOD $1,129.27 1,129.27 $-1,129.27 $0.00 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 May 31,2007 account nuvecr TAXPAYER NUMBER On File April 30, 2007 THROUGH Income Summary YEAR TO DATE 5,612.24 THS PERIOD 1,129.27 LAST STATEMENT Portfolio Composition Cash/Cash Equivalent 267,923 Equities 413,250 $681,173 Total Your Portfolio Allocation Cash &Equivalent 40% Equities 60% Unshaded portions denote debt balance andicr short market values. The alocation percamage is dorved from the absokte market value of your porttolto. 06/01/07,05:44 001 yoo EFTA00195387

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 4 o6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 267,922.51 1.0000 267,923 INSTITUTIONAL SHARES EST, 30_DAY AVG YIELD _5.1900% TOTAL CASH & CASH EQUIVALENTS $267,923 EQUITIES Equities & Options CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 THROUGH May 31,2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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, ACT NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 5,000 82.6500 413,250 3,500 0.8469 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $413,250 $3,500 TOTAL EQUITIES $413,250 $3.500 027 0601/07,05:44 001 oro EFTA00195388

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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 Brooklyn, New York 11201-3859 STEARNS a" 10179 EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 THROUGH May 31, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $3,500 YOUR PRICED PORTFOLIOHOLDINGS $681,173 Transaction Detail MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 05/01/07 OPENINGBALANCE 266,793.24 05101/07 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKK 129.27" INSTITUTIONAL SHARES MONTHLY DIVIDEND 05/01/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKX 1,129.27 1,129.27 INSTITUTIONAL SHARES DIVIDEND REINVEST 05/31/07 CLOSINGBALANCE 267,922.51 TOTAL $-1,129.27 $1,129.27 027 06/01/07,05:44 001 yoo EFTA00195389

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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 TE You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, STOP: ****** End of Statement****** Y/Y 027 06/01/07,05:44 001 woo CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 THROUGH ACCOUNT NUMBER May 31, 2007 TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 EFTA00195390

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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 Brockiyn, New York 11201-3859 New York, New York 10179 a STEARN S — EPSTEIN INTERESTS INVESTMENT PROFESSIONAL ZICHERMAN,IRA STATEMENT PERIOD March 31,2007 TeepHone =| THROUGH April 30, 2007 VISIT OUR WEBSITE www.bearstearns.com accour uncer What’s In This Statement Does MDNesDLassucladsdslalLasbsslsabeslealleshlboesblill TAXPAYER NUMBER On File LAST STATEMENT March 30, 2007 Financial SUMMAL ais 3 EPSTEIN INTERESTS Your Portfolio Holdings 4 OTD 12/26/91 Transaction Detail 5 JEFFERY E EPSTEIN & MARKL * Fund Activity sss 5 EPSTEIN & WILLIAM ELKUS TTEES Your Messages sane ae ane en ae ane en aes an en aee anes aeeee 6 457 MADISON AVENUE 4TH FLR NEW YORK NY 10022-6843 Your Portfolio at a Glance Market Value of Your Portfolio $266,793 TOTAL VALUE OF SECURITES THIS PERIOD 408,300 °##h & Equvalent — $265,585 MONEY MARKET FUND BALANCE 266,793 Emuitiee $408,300 $378,400 renner "Saye 08 HH ocurrent market value NET EQUITY LAST STATEMENT 643,985 BEBE Last statement’s market value CHANGE SINCE LAST STATEMENT 31,108 “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 difference or nomroceigt of checks or stocks, indicated as dalvered to you, Sirc This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities This statement should be retained for our records. See reverse side for important information. Corp. One Metrotech Center North, Brooklyn. N.Y. 11201-3859 027 05/01/07,07:14 001 yoo EFTA00195391

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 05°01/07,07:14 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195392

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BEAR STEARNS 3 of 6 Cash Flow Analysis OpeningBalance Money Fund Amount Credited Money Fund Amount Debited Closing Balance OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERIOD $1,208.24 -1,208.24 $-1,208.24 $0.00 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOO March 31,2007 April 30, 2007 accout nuvecr TAXPAYER NUMBER On File March 30, 2007 THROUGH Income Summary YEAR TO DATE 4,482.97 THS PERIOD 1,208.24 LAST STATEMENT Portfolio Composition Cash/Cash Equivalent 266,793 Equities 408,300 $675,093 Total Your Portfolio Allocation Cash &Equivalent 40% Equities 60% Unshaded portions denote debt balance andicr short market values. The allocation percamage is derved from the absokte market value of your porttolio. 08/01/07,07:14 001 EFTA00195393

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 4 o6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 266,793.24 1.0000 266,793 INSTITUTIONAL SHARES EST, 30_DAY AVG YIELD _5.1600% TOTAL CASH & CASH EQUIVALENTS $266,793 EQUITIES Equities & Options CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOG March 31,2007 THROUGH April 30, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 30, 2007 The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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, ACT NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 5,000 81.6600 408,300 3,500 0.8572 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $408,300 $3,500 TOTAL EQUITIES $408.300 $3.500 027 05/01/07,07:14 001 ooo EFTA00195394

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $3,500 YOUR PRICED PORTFOLIOHOLDINGS $675,093 Transaction Detail MONEY FUND ACTIVITY DATE MOvDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE 03/31/07 OPENINGBALANCE 265.585 04102107 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKK INSTITUTIONAL SHARES MONTHLY DIVIDEND 04102107 REINVEST DREYFUS CASH MANAGEMENT.CL A DICKK 1208.24 INSTITUTIONAL SHARES DIVIDEND REINVEST CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 31,2007 THROUGH April 30, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 30, 2007 CEBIT AMOUNT CAEDIT AMOUNT "7208.24" 1,208.24 04/30/07 CLOSINGBALANCE 266,793.24 TOTAL o27 05°01/07,07:14 001 $-1,208.24 $1,208.24 woos EFTA00195395

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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 TE You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, STOP: ****** End of Statement****** Y/Y 027 05°01/07,07:14 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOG March 31,2007 THROUGH April 30, 2007 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 30, 2007 EFTA00195396

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS INVESTMENT PROFESSIONAL ZICHERMAN,IRA Teverhone VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial SUMMALY aise — S Your Portfolio Holdings 4 Transaction Detail 5 Fund Activity ses 5 YOU M@SSAQES ....sesessssessesesesssseseesesseee 7 Your Portfolio at a Glance TOTAL VALUE OF SECURINES THIS PERIOD 378,400 88h & Equivalent MONEY MARKET FUND BALANCE 265,585 NET EQUITY LAST STATEMENT 679,418 CHANGE SINCE LAST STATEMENT 35,433 “This portfolio indudes one or more urpriced 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 nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; of write to Clent Services at Bear, Steams Socurities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 March 30, 2007 accout Nuvecr TAXPAYER NUMBER On File February 28, 2007 THROUGH 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 265,585 $288,568 $378,400 ities A ennenrnememes cs: HE Curent market value BREE Last statements market value This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for our records. See reverse side for important information. 03/31/0706:43 001 yous src EFTA00195397

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2 of9 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 039/31/0706:43 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195398

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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 | | EPSTEIN INTERESTS 3 of9 STATEMENT PERIOO March 1,2007 THROUGH March 30, 2007 Cash Flow Analysis Income Summary recor wnecn THIS PERIOD THS PERIOD YEAR TO DATE LAST STATEMENT February 28, 2007 OpeningBalance 2,016.88 3,274.73 Money Fund 26,141.88 Dividends/Interest 875.00 vere Portfolio Composition Money Fund 2,016.88 265,585 Cash/Cash Equivalent Funds Withdrawn -25,000.00 Equities 378,400 Amount Credited $27,016.88 Amount Debited $-27,016.88 severe soseencenccoecns seseeees soeneencncessesss sesceees cnsesescanscosecs seceesee sneensceseee Gessueseues 112111611 5UspUSEDOSESUSESHS}010100UEUDSEUGSENSSONSI 0115011 U6sI treaueaneey Total $643,985 Closing Balance $0.00 Your Portfolio Allocation Cash &Equivalent 42% Equities 58% Unshaded portions denote debt balance andicr short market values. The allocation percamage is dorved from the absokte market value of your porttolio. 027 03/31/07,06:43 001 woos EFTA00195399

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BEAR STEARNS aos Your Portfolio Holdings CASH & CASH EQUIVALENTS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 265,585 1.0000 265,585 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,1700% TOTAL CASH & CASH EQUIVALENTS $265,585 EQUITIES Equities & Options CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 March 30, 2007 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT February 28, 2007 The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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, ACT NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA CASH 5,000 75.6800 378,400 3,500 0.9249 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR BPIBY CASH 20,000 Unpriced REPSTG 6 SER L SHS Total Equities& Options $378,400 $3,500 TOTAL EQUITIES $378.400 $3.500 027 03/31/07,06:43 001 yoos EFTA00195400

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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 of9 STATEMENT PERIOD March 1,2007 THROUGH March 30, 2007 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $3,500 YOUR PRICED PORTFOLIOHOLDINGS $643,985 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 03/15/07 FND WIRED MOA RED TO 25,000.00 JASE BANK, NA oe TOTAL $-25,000.00 MONEY FUND ACTIVITY DATE MavDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 03/01/07 OPENINGBALANCE 288,568.12 INSTITUTIONAL SHARES MONTHLY DIVIDEND 027 039/31/0706:43 001 yous EFTA00195401

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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 | EPSTEIN INTERESTS 6 of9 STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 Transaction Detail (continued) account xumccr = TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT —- February 28, 2007 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/01/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKX 1,141.88 1,141.88 INSTITUTIONAL SHARES DIVIDEND REINVEST 03/15/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICKX -25,000 1.0000 25,000.00 INSTITUTIONAL SHARES INSTITUTIONAL SHARES 03/30/07 CLOSINGBALANCE 265.585 TOTAL $-2,016.88 $26,141.88 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 03/27/07 ABERCROMBIE & FITCH CO-CLA ANF 5,000 0.1750 875.00 REC 03/06/07 PAY 03/27/07 TOTAL $875.00 027 03/31/07:06:43 001 voos EFTA00195402

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BEAR STEARNS 7 of9 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 November 30, 2006 and January 31, 2007, the Company's net capital of approximately $4.0 billion and $4.0 billion was approximately 6.8% and 6.7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.2 billion and $1.2 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, You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp, (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, O27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 TS SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin account, you consent to Bear Steams's night to use, lend or pledge any securities held by Bear Stearns in your margin account, In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant nights of ownership with respect to the loaned, sold or pledged securities. Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions, If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends, NOTICE OF CHANGE PURSUANT TO TRUTH-IN-LENDING SEC RULE 10b-16 The purpose of this notice is to advise you of certain changes in the manner in which interest will be charged on any U.S, dollar-denominated credit extended to you by Bear, Stearns Securities Corp. ("BSSC") for the purpose of purchasing, carrying or trading in any security, Interest will continue to be based on either the BSSC Margin Basis Rate, or a London Interbank Offered Rate ("LIBOR’) as specified in the chart below, The BSSC Margin Basis Rate will be quoted each business day by BSSC at our main office in New York, Factors affecting the determination of the BSSC Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that BSSC is charged for borrowing money. 039/31/0706:43 001 woos EFTA00195403

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BEAR STEARNS 8 of9 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 ie Effective no earlier than thirty (30) days from your receipt of this statement: 1, The annual rate of interest charged to you on U.S, dollar-denominated credit will not exceed the specified percentage over the applicable rate, as indicated in the following chart: Debit Size Range Index. Spread_to Index Up to $499,999 Margin Basis + 3,000% $500,000 - $999,999 Margin Basis + 2,000% $1,000,000 - $2,499,999 Margin Basis + 1,500% $2,500,000 - $4,999,999 LIBOR + 3,000% $5,000,000 - $9,999,999 LIBOR + 2,250% $10,000,000 and above LIBOR + 1.750% Debits in currencies other than U,S, dollars will not be taken into account in computing the debit size for purposes of determining the applicable interest rate, The rate corresponding to the debit size range in which your U.S, dollar denominated debit falls will apply to the entire amount of your U.S, dollar denominated debit. The actual rate charged to you at any given time will be notified to you on request, and the amount charged to you will appear on your monthly statements. O27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 | 2. Interest may be charged to your account at varying rates during the month to reflect any changes in such interest rates that have occurred during the month as well as any changes in the applicable rate caused by a change in the size of your debit balance. 3. The rate of interest charged to you on any credit extended to you in a currency other than U.S, dollars shall continue to be based on either (i) a LIBOR, as such rate is compiled by the British Bankers Association and published on Bloomberg or Reuters, or (ii) any other rate quoted by Reuters that is applicable to the currency in which the obligation is denominated or, if a rate for such currency is not quoted by Reuters, the rate provided by Bear Stearns Secunties' local bank, In either case, the annual rate of interest on such non-U,S, dollar denominated debit will continue to not exceed 5% above either a LIBOR, any rate quoted by Reuters or the rate provided by Bear Stearns Securities’ local bank, and will appear on your monthly statements, The actual rate charged to you at any given time will be notified to you on request and the amount charged to you will appear on your monthly statements, 4, Unless otherwise agreed, the BSSC Fed Funds Rate will no longer be an available option for computing interest, 039/31/0706:43 001 woos EFTA00195404

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe 9 of9 EZ if BSSC makes changes in any of the credit terms and conditions described herein or if a change is required by law, we will notify you of such change within a reasonable period of time, unless such change results in the same or a higher rate to you, in which case we will provide you at least 30 days’ prior written notice, The annual rate of interest you are charged may fluctuate with changes in the BSSC Margin Basis Rate, a LIBOR, any of the rates quoted by Reuters or the rate provided by BSSC's local bank, The changes in rates resulting from this fluctuation will be made without prior notice to you (as contrasted with changes in the credit terms and conditions, notice of which will be provided as described above), The Truth-in-Lending disclosure previously provided to you shall continue to apply except as specifically noted above. ****** End of Statement****** ON31/0706:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 EFTA00195405

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS INVESTMENT PROFESSIONAL ZICHERMAN,IRA VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMArY ssssesssesseessessaescesnensaees Your Portfolio HoldingS ........sssssessseesseeee Transaction Detail Fund Activity .... aun & w Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD* MONEY MARKET FUND BALANCE NET EQUITY LAST STATEMENT CHANGE SINCE 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 288,568 685,010 -5,592 “This portfolio indudes one or more urpriced 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 nomraceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; of write to Clent Services at Bear, Steams Socurities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. 027 HM Current market value laa Last statements market value This summary is for informational purposes only. It Is not intended as a tax documert CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD February 1,2007 THROUGH February 28,2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT January 31,2007 ‘This statemem should be retained for your records. See reverse side for important information. 03/01/0705:17 001 EFTA00195406

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0S/01/07,05:17 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195407

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 3 ofS Cash Flow Analysis THIS PERIOD OpeningBalance $0.00 Money Fund 1,257.85 Amount Credited $1,257.85 Money Fund -1,257.85 Amount Debited Closing Balance o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 EPSTEIN INTERESTS STATEMENT PERIOO February 1, 2007 THROUGH February 28, 2007 accoust numecr [S TAXPAYER NUMBER On File Income Summary THIS PERIOD YEAR TO DATE LAST STATEMENT January 31,2007 Dividends 1,257.85 1,257.85 Portfolio Composition Cash/Cash Equivalent 288,568 Equities 390,850 Your Portfolio Allocation Cash & Equivale: 43% Unshaded portions denote debt balance andicr short market values. The alocation percemage is derved from the absokte market value of your porttoib. 03/01/07,05:17 001 yoo6 EFTA00195408

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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 STEARNS New _ New York 10179 Pe EPSTEIN INTERESTS 405 STATEMENT PERIOD February 1,2007 THROUGH February 28, 2007 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAT STATEMENT January 31,2007 CASH & CASH EQUIVALENTS NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%:} DREYFUS CASH MANAGEMENT-CL A DICKK 288,568.12 1.0000 288,568 15,294 5.3000 INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD _5.1700% TOTAL CASH & CASH EQUIVALENTS $288,568 $15,294 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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 = ESTIMATED DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE _ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 5,000 78.1700 390,850 3,500 0.8955 BSC RATING: STOCK O/SECTOR MW. BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR REPSTG 6 SER L SHS BPIBY CASH 20,000 Unpriced Total Equities& Options $390,850 $3,500 TOTAL EQUITIES $390,850 $3,500 27 09/01/07:05:17 001 woos EFTA00195409

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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 a" 10179 EPSTEIN INTERESTS STATEMENT PERIOD February 1, 2007 THROUGH February 28,2007 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT January 31, 2007 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $18,794 YOUR PRICED PORTFOLIOHOLDINGS $679,418 Transaction Detail MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 02/01/07 OPENINGBALANCE 287,310.27 7 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKK 1257.85 INSTITUTIONAL SHARES MONTHLY DIVIDEND 7 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKK 1,257.85 1,257.85 INSTITUTIONAL SHARES DIVIDEND REINVEST 02/28/07 CLOSINGBALANCE 288,568.12 TOTAL $-1,257.85 $1,257.85 O27 OND107 05:17 001 ‘woos EFTA00195410

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS —* INVESTMENT PROFESSIONAL ZICHERMAN,IRA VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial SUMMArY ssssesssesseessesseescnenensaees Your Portfolio HoldingS .......csssssessseesseee Transaction Detail ... 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 December 30, 2006 THROUGH January 31,2007 accout nuvecr Docs UDesuDLsssuclsDssdslalLasbesleabestealleshbafoesbeslall TAXPAYER NUMBER On File LAST STATEMENT December 29, 2006 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 $287,310 TOTAL VALUE OF SECURITIES THIS PERIOD* «397,700 #8 § Equvalent A $286,058 aaneneneenensennneses seeneeee $348,150 NET EQUITY LAST STATEMENT 634,208 CHANGE SINCE LAST STATEMENT 50,802 “This portfolio indudes one or more urpriced 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 nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; of write to Clent Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. 027 HM Current market value ee] Last statements market value ‘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. 02/01/0706:16 001 woot EFTA00195411

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 02/01/07,06:16 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195412

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 3 ofS Cash Flow Analysis THIS PERIOD OpeningBalance $0.00 Money Fund 1,252.28 Amount Credited $1,252.28 Money Fund -1,252.28 Amount Debited Closing Balance Portfolio Composition Cast/Cash Equivalent Equities Total 02/01/07,06:16 001 287,310 397,700 $685,010 yoo4 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-2859 EPSTEIN INTERESTS STATEMENT PERIOD December 30, 2006 THROUGH January 31,2007 account numccr [IG TAXPAYER NUMBER On File LAST STATEMENT December 29, 2006 Your Portfolio Allocation Cash & Equivale 42% Unshaded portions denote debt balance andlor short market values. The allocation percemage is derived from the absokte market value of your porttollo. EFTA00195413

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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 STEARNS New _ New York 10179 Pe EPSTEIN INTERESTS 405 STATEMENT PERKOO December 30, 2006 THROUGH January 31,2007 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings taat staTewent December 29, 2006 CASH & CASH EQUIVALENTS NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%:} DREYFUS CASH MANAGEMENT-CL A DICKK 287,310.27 1.0000 287,310 15,227 5.2999 INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD _5,1600% TOTAL CASH & CASH EQUIVALENTS $287,310 $15,227 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), 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 = ESTIMATED DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE _ ANNUAL INCOME YELD (%} ABERCROMBIE & FITCH CO-CLA ANF CASH 5,000 79.5400 397,700 3,500 0.8801 BSC RATING: STOCK O/SECTOR MW. BUCKINGHAM RESEARCH RATING: B BANPAIS SA-SPONSOREDADR REPSTG 6 SER L SHS BPIBY CASH 20,000 Unpriced Total Equities& Options $397,700 $3,500 TOTAL EQUITIES $397,700 $3,500 27 02/01/07.06:16 001 voos EFTA00195414

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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 of 5 STATEMENT PERIOD December 30, 2006 THROUGH January 31,2007 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT December 29, 2006 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $18,727 YOUR PRICED PORTFOLIOHOLDINGS $685,010 Transaction Detail MONEY FUND ACTIVITY DATE MavDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 12/30/06 OPENINGBALANCE 286,057.99 01/02/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKK 1252.28 4252.28 INSTITUTIONAL SHARES DIVIDEND REINVEST 01/02/07 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKX 1,252.28 INSTITUTIONAL SHARES AMT INCLUDED IN 2006 - 1099 01/31/07 CLOSINGBALANCE 287,310.27 TOTAL $-1,252.28 $1,252.28 027 02/01/07,06:16 001 wos EFTA00195415