Statements EFTA00195416

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue BEAR STEARNS ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE ZICHERMAN, IRA www.bearstearns.com Important Message Please note: You may find more than one statement in this envelope. Beginning this month, all statements with the same Address and Social Security number / Taxpayer Identification number are being mailed in one envelope. For further details, please contact your account executive. New York, New York 10167 EPSTEIN INTERESTS OTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FL NEW YORK NY 10022-6809 Premise or Third Party Repurchase Agreements with Bear,Stearns& Co.Inc. outstanding as of date of statement PURCHASE: REPURCHASE: PURCHASE PRICE, PRICING START DATE END DATE PRINCIPAL RATE 06/19/01 OPEN 984,906.24 3.970000 TOTAL REPURCHASE AGREEMENTS “As of statement date The above postions do not appear in ary other section of this statement Pioase mmport any ditcrence or noe-raceigt of chacks or stocks, indicated as dolivered to you. % Client Sanices at 800-624-1428; or write tn Clan! Services at Bear, Steams Securities Conp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859, REPOY ACCRUED TEREST" NET AMOUNT 1,370.11 986,276.35 $986,276.35 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT May 25, 2001 This summary is 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 07/01/01;02:12 001 vat EFTA00195417

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 2 of3 Your messages ie 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, (stor ****** End of Statement™***** 7 A \ —— 027 07/010102:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH ACCOUNT NUMBER June 29, 2001 TAXPAYER NUMBER On File LAST STATEMENT vat May 25, 2001 EFTA00195418

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS EFTA00195419

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steans Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | EPSTEIN INTERESTS ACCOUNT EXECUTIVE — ZICHERMAN, IRA STATEMENT PERIOD April 28,2001 TeepHone = THROUGH May 25, 2001 VISIT OUR WEBSITE wow.bearstearns.com account numccr = Important Message selUMacdDeansalabaabadadbeabealalbacdeleceldabaal len TAXPAYER NUMBER On File In an effort to deliver statements to you more efficiently, Bear Stearns has enhanced the distribution of EPSTEIN INTERESTS tant srarewent Apel 27,2008 statements to household accounts. Beginning in June, all statements with the same Address and Social DID 12/26/91 Security number / Taxpayer identification number will JEFFERY E EPSTEIN& MARKL * be mailed in a single envelope. For further details, EPSTEIN & WILLIAM ELKUS TTEES Please contact your account executive. 457 MADISON AVENUE 4TH FL NEW YORK NY 10022-6809 Premise or Third Party Repurchase Agreements with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE REPURCHASE! PURCHASE PRICE! PRICING REPOY ACCRUED START DATE END DATE PRINCIPAL RATE INTEREST” NET AMOUNT 01/18/01 OPEN 965,242.11 3.770000 17,433.08 982,675.19 TOTAL REPURCHASE AGREEMENTS $982,675.19 *As of statement date The above postions do not appear in any other section of this stalement **ee** End of Statement™***** Please report any difference or nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary §s for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. 027 08/26101;12:59 001 va78 EFTA00195420

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/26/01 ;12:59 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS va7e8 EFTA00195421

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue BEAR STEARNS ZICHERMAN, IRA ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE www.bearstearns.com New York, New York 10167 EPSTEIN INTERESTS OTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FL NEW YORK NY 10022-6809 Premise or Third Party Repurchase Agreements with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASES REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 01/18/01 OPEN 965,242.11 4.370000 TOTAL REPURCHASE AGREEMENTS "As of statement date The above postions do not appear in any other section of this stalement ****** End of Statement*™***** Please moport any diference or nce-roceipt of chocks of stocks, indicated as dollvered 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. 11201-3659. REPOY ACCRUED INTEREST" 14,273.79 NET AMOUNT 979,515.90 $979,515.90 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 March 31,2001 April 27,2001 accout nuvecr TAXPAYER NUMBER On File March 30, 2001 THROUGH LAST STATEMENT ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 04/28/01 19:29 001 vant EFTA00195422

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS 2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/28/01 ;19:29 001 vant EFTA00195423

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wow.bearstearns.com Important Message Decimal Trading is Here for Nasdaq! Decima! Trading is the shift from fractional pricing (@.g.21 1/2) to decimal pricing (¢.9.$21.50}or equities and options. Nasdaq securities have been phased in during March and the remaining securities are scheduled to be trading in decimals in April. For details, visit our website at www.bearstearns. com. New York, New York 10167 EPSTEIN INTERESTS OTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FL NEW YORK NY 10022-6809 Premise or Third Party Repurchase Agreements with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASES REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 01/18/01 OPEN 965,242.11 5.250000 TOTAL REPURCHASE AGREEMENTS *As of statement dato The above postions do not appear in any other section of this stalement Please report any difference or nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp, One Metrotech Center North, Brooklyn, N.Y. 11201-3659. REPOY ACCRUED INTEREST” NET AMOUNT 10,720.89 975,963.00 75,963.00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account suvccr roaver maccn LAST STATEMENT February 23,2001 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. o2? 04/31/01 ;19:27 001 V466 EFTA00195424

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 2 of3 Your messages ie Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2000 and January 26, 2001, the Company's net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $572,456,000 and $559,381,000 by $2,048,504,000 and $2,202,436,000, 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****** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account umccr Twraver maccn LAST STATEMENT February 23,2001 04/31/01;19:27 001 v466 EFTA00195425

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS 3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 04/31/01;19:27 001 v466 EFTA00195426

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE What’s In This Statement www.bearstearns.com Your Messages New York, New York 10167 EPSTEIN INTERESTS OTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FL NEW YORK NY 10022-6809 Premise or Third Party Repurchase Agreements with Bear,Stearns& Co.Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 01/18/01 OPEN 965,242.11 5.350000 TOTAL REPURCHASE AGREEMENTS *As of statement date The above postions do not appear in any other section of this stalement Your messages TSS The interest, if any, charged to your account during December 2000 was computed on the net debit balance through December 28, The interest, if any, charged to your account during January 2001 is computed from December 29, 2000. Ploase moport any diference or nceroceipt of chacks or stocks, indicated as doltvered 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. REPOY ACCRUED INTEREST* NET AMOUNT 5,825.24 971,067.35 $971,067.35 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 accour sumccr rwraver maccn LAST STATEMENT January 26, 2001 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. o27 02/24/01,22:22 001 EFTA00195427

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS 02/24/01 ;22:22 001 EFTA00195428

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com Important Message Decimal Trading is Coming! Decima! Trading is the shift from fractional pricing (@.g.,21 1/2) to decimal pricing (e.9..$21.50)for equities and options. All trading on NYSE, AMEX, and regional exchanges will be in decimals effective as of 1/29/01. For details, visit our website at www.bearstearns.com. New York, New York 10167 EPSTEIN INTERESTS OTD 12/26/91 JEFFERY E EPSTEIN & MARKL * EPSTEIN & WILLIAM ELKUS TTEES 457 MADISON AVENUE 4TH FL NEW YORK NY 10022-6809 Premise or Third Party Repurchase Agreements with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASES REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 01/18/01 OPEN 965,242.11 5.950000 TOTAL REPURCHASE AGREEMENTS *As of statement date The above postions do not appear in any other section of this stalement **e*** End of Statement™***** Please report any difference or nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. REPO! ACCRUED INTEREST” NET AMOUNT 1,730.46 966,972.57 $966,972.57 This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIKOO December 30,2000 THROUGH January 26, 2001 accour suvccr Twraver maccn LAST STATEMENT December 29, 2000 ‘Ths statemem should be retamed for your records See reverse side for important imformation. o27 01/27/01;18:33 001 EFTA00195429

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS 01/27/01;18:33 001 EFTA00195430