Statements EFTA00195559

--=PAGE_BREAK=--

BEAR STEARNS ACCOUNT EXECUTIVE GNMA GOVT BOND ww.bearstearns.com VISIT OUR WEBSITE What’s In This Statement Financial Summary Your Portfolio Holdings . OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail .....sscssseseeeeees 2 Cash Flow Analysis OpeningBalance Dividends/Interest Miscellaneous THIS PERIOD $-0.99 5.14 46.00 Amount Credited Miscellaneous $51.14 -50.00 Net Cash Activity Closing Balance 1.14 $0.15 FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Cash Balance Summary OPENING CLOSING Margin -0.99 0.15 Net Cash Balance Income Summary THS PERIOD YEAR TO DATE Credit Balance Int. 5.14 9.82 Bond Purchase Int. 0.00 -339,419.16 Margin Int. Paid 0.00 -0.75 Repurchase Int. Exp. 0.00 -6,820.67 This summary i 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 FINANCIAL TRUST CO INC STATEMENT PERIOO November 30, 2002 THROUGH December 31,2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 Important Message If any information regarding 2002interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31,20030r a 1042Sby March 17,2003. ‘Ths statemem should be retamed for your records See reverse side for important information. 027 01/01/03;06:59 001 EFTA00195560

--=PAGE_BREAK=--

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 | | FINANCIAL TRUST CO INC 2 of4 STATEMENT PERIOO November 30,2002 THROUGH December 31, 2002 Your Portfolio Holdings ——— CASH & CASH EQUIVALENTS TAXPAYER UNGER! On File LAST STATEMENT Novernber 29, 2002 MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE TOTAL CASH & CASH EQUIVALENTS Repurchase and Reverse Repurchase Transactions with Bear,Stearnsand Co. Inc. outstanding as of date of statement PURCHASE) REPURCHASE PRICING PURGHASE PRICE! ACCAUED REPO QUANTITY START DATE OATE RATE PRINCIPAL INTEREST* (FACE AMOUNT) cusP DESCRIPTION YOU SOLD USTR 4.3750 08/15/12 11/15/02 _ OPEN 0.750 -41,400,000 -57.580 -40,000,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-41,400,000 $-57,580 *As of statement date Transaction Detail INTEREST DATE DESCRIPTION SYMBOUGUSIF QUANTITY RATE ("eb DEBIT AMOUNT CREDIT AMOUNT 12/02/02 AVGBAL 6,650RT 0.855 4.90 021 OFFICE INTEREST 1102 027 01/01/03;06:59 001 véas EFTA00195561

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of4 Transaction Detail (continued) INTEREST (continued) DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST CO INC STATEMENT PERIOD Novernber 30, 2002 THROUGH December 31,2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 CREDIT AMOUNT 12/31/02 AVGBAL 436AT 0.639 0.24 021 OFFICE INTEREST 1202 TOTAL $5.14 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL NOVO2 CLEARING FEES 50.00 $-50.00 $46.00 / \ (stop) ****** End of Statement™***** V/ oz? 01/01/03;08:59 001 veas EFTA00195562

--=PAGE_BREAK=--

4 oa STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/03,08:59 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00195563

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 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 | | FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com What’s In This Statement Financial SUMMALY sesesesesceseaee cesses cseesen Your Portfolio Holdings . Transaction Detail ... Your Portfolio at a Glance NET DEBIT BALANCE NET EQUITY LAST STATEMENT 11,458 3 4 STATEMENT PERKOO October 26, 2002 THROUGH November 29, 2002 accout Nuvecr | PP | ery eed eee TAXPAYER NUMBER On File FINANCIAL TRUST CO INC LAST STATEMENT October 25, 2002 C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Market Value of Your Portfolio i ee NET EQUITY THIS PERIOD $-1 2383) Last statement's market value (Short market value CHANGE SINCE LAST STATEMENT -11,459 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary bs 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? 11/30002;14:00 001 veas EFTA00195564

--=PAGE_BREAK=--

2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/3002;14:00 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00195565

--=PAGE_BREAK=--

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 fl | FINANCIAL TRUST CO INC 3 of 6 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 . account xumccr = Cash Flow Analysis Income Summary TAXPAYER NUMBER On File THis PERIOD THiS PERIOD YEAR TO DATE LAST STATEMENT October 25, 2002 OpeningBalance $11,457.75 Credit Balance Int. 4.68 4.68 Securities Sold 41,400,000.00 To! Dividends/Interest 4.68 Bond Purchase Int. -273,437.50 -339,419.16 Miscellaneous 332,126.00 Margin Int. Paid 0.00 -0.75 sanenccsnnssansess: ssneenneeonannes 1s aacenccsenseonseensease ssi nents Repurchase Int. Exp. -6,.820.67 -6,820.67 Amount Credited $41,732.130.68 Securities Bought -41,470,101.92 Dividends/Interest Charged -273,437.50 Portfolio Composition Miscellaneous -50.00 SHORT LONG Net Caeh oth “41.458.74 spy mmm nnn Your Portfolio Allocation Cash Balance Summary OPENING CLOSING Margin 11,457.75 -0.99 Net Cash Balance $11,457.75 $-0.99 Short Cash & Equivalent— 100% Unshaded portions denote debt balance andi short market values. The alocation percentage is derived from the absohte market value of your portioto, oz? 11/30102;14:00 001 eas EFTA00195566

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST CO INC 4 o6 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 Your Portfolio Holdings ——— CASH & CASH EQUIVALENTS TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 MARKET ESTIMATED (QURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 1 TOTAL CASH & CASH EQUIVALENTS $-1 YOUR PRICED PORTFOLIOHOLDINGS $-1 Repurchase and Reverse Repurchase Transactions with Bear,Stearnsand Co. Inc. outstanding as of date of statement PURCHASE, REPURCHASE PRICING PURCHASE PRICE) ACCAUED REPO QUANTITY START DATE OaTE RATE PRINCIPAL INTEREST* (FACE AMOUNT) cusP DESCRIPTION YOU SOLD USTR 4.3750 08/15/12 -20,.056 11/15/02 OPEN -40,000,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-41.400,000 $-20,056 “As of statement date 027 11/30"02;14:00 001 véas EFTA00195567

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 FINANCIAL TRUST CO INC 5 of6 . STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 Transaction Detail accout wuvcce | TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT October 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT BOUGHT UNITED STATES TREASURY NOTE 103.45313 04,375% FA 15 ACCR. INT. YIELD 3,94 TY GVER REF # CREDIT AMOUNT TOTAL $-26,136,718.75 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) DEBIT AMOUNT CAEDIT AMOUNT 10/28/02 AVGBAL 6,105RT 1.061 4.68 021 OFFICE INTEREST 1002 TOTAL $4.68 REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Stearns& Co. Inc. SETTLEMENT TRADE DATE DATE TRANSACTION DESCRETION SYMBOUCUSIP QUANTITY CESIT AMOUNT CREDIT AMOUNT 11/15/02 JOURNAL en mmm **°°°° NOTE 15,000,000 15,600,000.00 4,375 hE TERM REI 027 11/3002;14:00 001 veas EFTA00195568

--=PAGE_BREAK=--

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 | | FINANCIAL TRUST CO INC 6 of6 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 Transaction Detail (continued) account numccr = TAXPAYER NUMBER On File REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) LAST STATEMENT October 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRETION SYMBOLCUSIP QUANTITY OESIT AMOUNT CREDIT AMOUNT 11/15/02 INTEREST 6,820.67 REPO INTE TOTAL $-15,606,820.67 $41,400,000.00 MISCELLANEOUS DATE MavDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 11/12/02 JOURNAL OCT 2002CLEAR FEES 50.00 TOTAL $-50.00 $332,126.00 f-—™ (stop) ****** End of Statement™***** oz? 11/3002;14:00 001 veas EFTA00195569

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY sess S Your Portfolio Holdings . 4 Transaction Detail ... 5 Your Portfolio at a Glance CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 account xumccr = || PP | ery eed eee TAXPAYER NUMBER On File FINANCIAL TRUST CO INC LAST STATEMENT September 27, 2002 C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Market Value of Your Portfolio $11,458 NET CREDIT BALANCE 11.458 Cash & Equivalent Ee NET EQUITY LAST STATEMENT 1,529 CHANGE SINCE LAST STATEMENT 9,929 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Ho Current market value $8 Last statement's market value This summary is for informational purposes only. It ts not intended as a tax document ‘Ths statemem should be retained for your records See reverse side for important information. 02? 10/26102;10:07 001 vea? EFTA00195570

--=PAGE_BREAK=--

2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 10/26/02;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00195571

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of6 Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD OpeningBalance $1,528.53 Bond Purchase Int. 36,260.19 . Margin Int. Paid 0.75 Securities Sold 15,600,000.00 Miscellaneous 49.00 Amount Credited $15,600,049.00 Portfolio Composition Securities Bought -15,541,406.25 Cash/Cash Equivalent Dividends/Interest Charged -45,.402.53 Miscellaneous -3.311.00 Amount Debited ™ $-15,590.1 19.78 Net Cash Activity Cash Balance Summary OPENING CLOSING Margin 1,528.53 11,457.75 Net Cash Balance $1,528.53 $11,457.75 027 YEAR TO DATE -65,981.66 -0.75 10/26/02;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 accout Nuecr TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, ves? EFTA00195572

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST CO INC 4 o6 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Your Portfolio Holdings ——— CASH & CASH EQUIVALENTS TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 MARKET ESTIMATED (QURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 11,458 TOTAL CASH & CASH EQUIVALENTS $11,458 YOUR PRICED PORTFOLIOHOLDINGS $11,458 Repurchase and Reverse Repurchase Transactions with Bear,Stearnsand Co. Inc. outstanding as of date of statement PURCHASE, REPURCHASE PRICING PURCHASE PRICE) ACCAUED REPO QUANTITY START DATE OaTE RATE PRINCIPAL INTEREST* (FACE AMOUNT) cusP DESCRIPTION YOU SOLD USTR 4.3750 08/15/12 (REPO) 10/15/02 OPEN 0.450 -15,600,000 -4.333 -15,000,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-15,600,000 $-4,333 “As of statement date o27 10/26/02;10:07 001 vea7 EFTA00195573

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 fl FINANCIAL TRUST CO INC 5 of 6 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Transaction Detail accout wuvcce | TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT September 27, 2002 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT TATES TREASURY NOTE 5,000,000 105.07813 §,253,906.25 " 04,375% FA 15 ACCR. INT. 36,260.19 - 3.752% TY GVER REF # TT Tk Ca == =~ i 10/15/02 10/11/02 BOUGHT UNITED S FITG 4,375 Di 1S) RP TERM TERM RE! T {o15/02 JOURNAL UNITED STATES TREASURY NOTE of “15,000,000 45,600,000.00 FITG 4,375 Di RP OPEN REPO AGREEN TOTAL $-15,577,666.44 _$15,600,000.00 INTEREST DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 09/30/02 AVGBAL _338AT 3.803 0.75 021 OFFICE INTEREST 0902 5/02 UNITED EASURY NOTE ll a 4.3750 9,141.59 ” FITG. fer TOTAL $-9,142.34 027 10/2602;10:07 001 vea? EFTA00195574

--=PAGE_BREAK=--

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 as | FINANCIAL TRUST CO INC 6 of6 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Transaction Detail (continued) account numccr = TAXPAYER NUMBER On File MISCELLANEOUS LAST STATEMENT — September 27, 2002 OATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 10/04/02 JOURNAL FITG TO FITM 1,527.00 JOURN SEBT OB CLEARING FEES 50.00 TOTAL $-3,311. $49.00 f_™ =~ stop] **e*** End of Statement™***** VY 027 10/26/02;10:07 001 véa? EFTA00195575

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY wesw S Your Portfolio Holdings . 4 Transaction Detail ... 5 Your Portfolio at a Glance CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 accout nuvecr || Pe | ery en eee TAXPAYER NUMBER On File FINANCIAL TRUST CO INC oer stamens C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Market Value of Your Portfolio eens $1,529 Cash & E lent NET CREDIT BALANCE 1,529 Gash & Equa $0 NET EQUITY THIS PERIOD $1,529 NET EQUITY LAST STATEMENT 0 CHANGE SINCE LAST STATEMENT 1,529 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Current market value {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 information. oz? 0928/02;12:44 001 veas EFTA00195576

--=PAGE_BREAK=--

2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 092802;12:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00195577

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | FINANCIAL TRUST CO INC 3 of STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 . account xumccr = Cash Flow Analysis Cash Balance Summary TAXPAYER NUMBER On File THIS PERIOD OPENING CLOSING Lage gTaTmaner OpeningBalance $0.00 Margin 0.00 1,528.53 Securities Sold 10,287,500.00 Net Cash Balance $0.00 $1,528.53 Miscellaneous 25,000.00 seusanennnnnnnnnnnnsnnsessesannnnnnnnnnnnnnnnenessss en Amount Cr ited $10,312,500.00 Securities Bought -10,281,250.00 Income Summary Dividends/Interest Charged -29,721.47 mls Peo YEAR TO DATE eseeseaseaneenss+ 1 eusnsecnsesceceasonsess eusseaseessensecossents eee Bond Purchase Int. 29,721.47 29,721.47 Arnon Dee scents meutteenttreeen NOLO A Net Cash Activity 1,528.53 Portfolio Composition Cash/Cash Equivalent 1,529 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. 027 092802;12:44 001 v6a6 EFTA00195578

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 | Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST CO INC STATEMENT PERIOO August 31,2002 THROUGH September 27, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT 4.3750 08/15/12 DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 1,529 TOTAL CASH & CASH EQUIVALENTS $1,529 YOUR PRICED PORTFOLIOHOLDINGS $1,529 Repurchase and Reverse Repurchase Transactions PURCHASE) REPURCHASE PRICING PURCHASE PRICE ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST" (FACE AMOUNT) CUSIP DESCRIPTION YOU SOLD USTR 09/09/02 OPEN 0.250 -10,287,500 -7,341 -10,000,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-10,287,500 $-7,341 *As of statement date 09/2802;12:44 001 EFTA00195579

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 FINANCIAL TRUST CO INC 5 ofS STATEMENT PERIOO August 31,2002 THROUGH September 27, 2002 Transaction Detail accout wuvcce | TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/09/02 09/06/02 BOUGHT UNITED STATES TREASURY NOTE 10,000,000 102.81250 10,281,250.00 04,375% FA 15 ACCR. INT. 29,721.47 - 4,028 TY GVER REF # asiog/o2 JOURNAL UNITED STATES TREASURY Note" Eananaamae T0000) 10,287,500.00 TOTAL $-10.310,971.47 $10,287.500.00 MISCELLANEOUS DATE MavDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 09/11/02 JOURNAL FITM TO FITG 25,000.00 TOTAL $25,000.00 om [stop] ****** End of Statement™***** 027 09/2802;12:44 001 vea6 EFTA00195580