Statements EFTA00196364

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 ACCOUNT EXECUTIVE FIRM VISIT OUR WEBSITE ww.bearstearns.com What’s In This Statement Financial SUMMALY sessesestesesee cesses ceeesene Transaction Detail .......cssssessssesesserrees Your Portfolio at a Glance NET EQUITY THIS PERIOD 3 3 STATEMENT PERIOD THROUGH ACCOUNT NUMBER Hava daseloclslleaeselil TAXPAYER NUMBER LAST STATEMENT FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK CENTER SUITE 63 ST THOMAS Vi 00802 Market Value of Your Portfolio i} (BY Last statements market value NET EQUITY LAST STATEMENT -168,945 () Short market value CHANGE SINCE LAST STATEMENT 168,945 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It bs not intended as a tax documert ‘Ths statemem should be retamed for your records See reverse side for important imformation. oz? 10/01/04;07:49 001 vae3 Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC September 1, 2004 September 30, 2004 Not Available August 31,2004 EFTA00196365

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2 of4 STATEMENT BACKER IS PRINTED ON THIS PAGE 10/01/04;07:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vae3 EFTA00196366

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of4 Cash Flow Analysis Cash Balance Summary 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 1, 2004 September 30, 2004 accout Nuecr TAXPAYER NUMBER Not Available THROUGH THIS PERIOD OPENING. GONG LAST STATEMENT August 31,2004 Balance $-168,945.31 Margin -168,945.31 0.00 Securities Sold 106,945.31 Net Cash Balance $-168,945.31 $0.00 Miscellaneous 10.92 sesssssssnsesssvaneeseeeegncunenseeessessee seus aeeunsssseeeeees sesssneeeee Amount Credited $168,955.63 Dividends/Interest Charged -10.32 Income Summary Oe ee THIS PERIOD YEAR TO DATE Amount Debrited a cossesesesress Margin Int. Paid 10.32 89.77 Net Cash Activity Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OaTE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT CREDIT AMOUNT 09/01/04 08/30/04 CANCEL BUY CALL TSY 43/4 08/14 9272250 -25,000,000 0.67578 168,945.31 EUROCALL STRK 101-8 EXP 10/08/2004 AO S/D 08/31/04 AS OF 08/30/04 TO CXL PREVIOUS BUY TOTAL $168,945.31 o27 10/01/04;07:49 001 vaea EFTA00196367

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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 as | FINANCIAL TRUST CO INC aoa STATEMENT PERIOD September 1, 2004 THROUGH September 30, 2004 Transaction Detail (continued) account numccr = TAXPAYER NUMBER Not Available INTEREST LAST STATEMENT August 31, 2004 DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (5) DEBIT AMOUNT CREDIT AMOUNT 09/01/04 AVGBAL 168,945RT 2.199 10.32 021 OFFICE INTEREST 0804 TOTAL $-10.32 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 09/02/04 JOURNAL FITO FITM 10.32 TOTAL $10.32 / (stor ****** End of Statement*™***** \_/ oz? 10/01/04;07:49 001 vaea EFTA00196368

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE FIRM VISIT OUR WEBSITE ww.bearstearns.com What’s In This Statement Financial Summary , » 3 Your Portfolio Holdings . 3 Transaction Detail .....sssssseseseesees 4 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 July 31, 2004 THROUGH August 31,2004 account numccr = | PP | ery en eee TAXPAYER NUMBER Not Available LAST STATEMENT duly 30, 2004 FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK CENTER SUITE 63 ST THOMAS VI 00802 Market Value of Your Portfolio $-168,945 NET DEBIT BALANCE “168.945 Cash Equivalent i NET EQUITY THIS PERIOD $-168,945 NET EQUITY LAST STATEMENT 0 CHANGE SINCE LAST STATEMENT -168,945 "This portfolio indudes one of mom unpriced seourties that are not reflected in he Total Value of Securtios and tha Net Equity This Period There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. G8 Last statements market value () Short 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? 0a/01'04;08:31 001 vae2 EFTA00196369

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2 of4 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/01/04,06:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vaé2 EFTA00196370

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of4 Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD YEAR TO DATE Balance Margin Int. Paid 0.00 -79.45 Securities Bought -168,945.31 Amount Debited a. sssssssseesesesssnssesessesenee ed Oooo ont Portfolio Composition Net Cash Activity -168,945.31 SHORT LONG Cash/Cash Equivalent 168,945 Total $168,945 Cash Balance Summary OPENING CLOSING Margin 0.00 -168,945.31 Net Cash Balance $0.00 $-168,945.31 Your Portfolio Holdings CASH & CASH EQUIVALENTS NARRKET ESTIMATED OURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CASH BALANCE -168,945 TOTAL CASH & CASH EQUIVALENTS $-168,945 o27 09/01/04,06:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD July 31, 2004 August 31,2004 accout Nuecr TAXPAYER NUMBER Not Available July 30, 2004 THROUGH LAST STATEMENT Your Portfolio Allocation Short Cash & Equivalent 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. vaé2 EFTA00196371

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BEAR STEARNS 4 oa OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) 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 July 31, 2004 THROUGH August 31,2004 account numecr EQUITIES TAXPAYER NUMBER Not Available eae . LAST STATEMENT July 30, 2004 Equities & Options ACCT NANRKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE VALUE __ ANNUAL INCOME YELD (%) CALL TSY 43/4 08/14 9272250 MAGN 25,000,000 EUROCALL STRK 101-8 EXP 10/08/2004 Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PRICED PORTFOLIOHOLDINGS $-168,945 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 08/31/04 08/30/04 BOUGHT CALL TSY 43/4 08/14 25,000,000 0.67578 168,945.31 EUROCALL STRK 101-8 EXP 10/08/2004 AS OF 08/30/04 TOTAL $-168,945.31 027 08/01104;08:31 001 vas EFTA00196372

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS FIRM ww.bearstearns.com ACCOUNT EXECUTIVE VISIT OUR WEBSITE What’s In This Statement Financial Summary , Transaction Detail Cash Flow Analysis THIS PERIOD OpeningBalance $0.00 Miscellaneous 158.90 $158.90 Dividends/Interest Charged -79.45 Miscellaneous -79.45 Amount Debited $-158.90 Closing Balance $0.00 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 July 1, 2004 THROUGH July 30, 2004 || PP | ery eed eee onavea mone Not Available LAST STATEMENT FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK CENTER SUITE 63 ST THOMAS VI 00802 Income Summary THIS PEAIOD -79.45 YEAR TO DATE Margin Int. Paid -79.45 This summary is for informational purposes only. It Is not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important information. 027 07/31/04,08:41 001 Vass dune 30, 2004 EFTA00196373

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp, Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST CO INC 2 of3 STATEMENT PERIOD July 1,2004 THROUGH Transaction Detail ACCOUNT NUMBER TAXPAYER NUMBER Not Available INTEREST LAST STATEMENT DATE DESCRIPTION SYMBOUOUSIF QUANTITY RATE (%) DEBIT AMOUNT CREDIT AMOUNT 07/01/04 AVGBAL 355.468AT 1.609 79.45 021 OFFICE INTEREST 0604 TOTAL $-79.45 MISCELLANEOUS DATE MONDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/02/04 JOURNAL FITO TO FITM 79.45 TOTAL $-79.45 $158.90 {stop **eee* End of Statement****** ‘ / 027 07/31/04,06:41 001 vasa July 30, 2004 June 30, 2004 EFTA00196374

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/3110406:41 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vasa EFTA00196375

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS ACCOUNT EXECUTIVE FIRM VISIT OUR WEBSITE ww.bearstearns.com 383 Madison Avenue What’s In This Statement Financial Summary , Transaction Detail Your M@SSAQES ..,...essseseescseeesecees 8 Cash Flow Analysis THIS PERIOD OpeningBalance $0.00 Securities Sold 355,468.75 Al int Cred $355,468.75 Securities Bought -355.468.75 Amount Debited . $-355.468.75 Closing Balance $0.00 New York, New York 10179 Macalbassdeslsllanadil FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK CENTER ST THOMAS VI 00802 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 FINANCIAL TRUST CO INC STATEMENT PERIOD May 29, 2004 THROUGH June 30, 2004 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT March 31,2004 ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 07/01/04;13:31 001 EFTA00196376

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BEAR STEARNS 2 of4 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE OATE TRANSACTION 06/04/04 06/03/04 BOUGHT 06/09/04 06/03) CANCEL BUY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 DESCRIPTION PUT TSY 3 1/8 05/07 EUROPUT STRK 99-20 EXP 08/13/2004 PUT TSY 3 1/8 O5/07 EUROPUT STRK 99-20 EXP 08/13/2004 A/O SD 06/04/04 AS OF 06/03/04 TO CXL PREVIOUS BUY SYMBOLICUSIP 9258526 9258526 -50,000,000 QUANTITY PRICE 50,000,000 0.71094 OFi084 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD May 29, 2004 THROUGH June 30, 2004 accout Nuecr TAXPAYER NUMBER Not Available LAST STATEMENT March 31,2004 DEBIT AMOUNT 355,468.75 CREDIT AMOUNT 355,468.75 TOTAL 07/01/04;13:31 001 $-355,468.75 vaa2 $355,468.75 EFTA00196377

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS 3 of4 Your messages ‘i Notice Regarding a Change in The Statement of Interest Charges Pursuant to the “Truth-in-Lending” Rule 10 (b)-16 Regarding Short Sales And Marking-To-The-Market Effective no earlier than thirty (30) days from your receipt of this statement, we will compute interest regarding your short sales and marking-to-the market as follows: The credit that appears on your statement due to short sales (including short sales against the box) is offset by a debit of like amount because Bear Steams Securities has to borrow the same security in order to deliver it to the buying broker and has to provide its lender additional collateral of up to 105% of the settled short market value of the borrowed securities to secure such loan, This means that the debit balance on which interest is computed will be the difference between (i) up to 105% of the settled short market value of such short sales (across all currencies), which shall be calculated daily, and (ii) the proceeds of such short sales, ****** End of Statement****** = 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 May 29, 2004 June 30, 2004 accout Nuecr TAXPAYER NUMBER Not Available THROUGH LAST STATEMENT March 31,2004 Any short positions in your account will be kept "marked-to-the market", This means that periodically the balance maintained in the short account will be adjusted to equal the market value of the short securities, Securities that are priced below five dollars per share may be valued at five dollars per share for short marking-to-the market purposes, If a security has been sold short (or sold short against the box) and has appreciated in market price over the selling price, interest will be charged on the amount of appreciation; if it depreciates in market price, interest will be correspondingly reduced by the drop in value, The appreciation or depreciation of securities sold short will be determined by Bear Stearns Securities based upon daily closing prices or quotations provided by pricing services, as applicable, or upon such factors as Bear Stearns Securities in its sole judgement deems pertinent. Please note that the other sections of the "Truth-in-Lending” disclosure previously provided to you remain unchanged. 027 07/01/04;13:31 001 Vva32 EFTA00196378

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4 oa STATEMENT BACKER IS PRINTED ON THIS PAGE 07/01/04;13:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vaa2 EFTA00196379

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BEAR STEARNS ACCOUNT EXECUTIVE FIRM VISIT OUR WEBSITE ww.bearstearns.com What’s In This Statement OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Financial Summary . 1 FINANCIAL TRUST CO INC Transaction Detail 2 C/O JEFFREY EPSTEIN Your M@SSAQ@S ....usssessssesseecee 2 6100 RED HOOK CENTER SUITE 63 ST THOMAS Vi 00802 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 February 28,2004 THROUGH March 31,2004 accout Nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT February 27,2004 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $-0.50 Margin Miscellaneous 0.50 Net Cash Balance A int Cred $0.50 Net Cash Activity 0.50 ClosingBalance . $0.00 This summary is for informational purposes only. It Is not intended as a tax document This statement should be retained for your records. See reverse side for important information 027 04/01/04;12:31 001 waza EFTA00196380

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10179 fl Le FINANCIAL TRUST CO ING 2 of3 STATEMENT PERIOD February 28,2004 THROUGH March 31,2004 Tran ion Detail ransaction Detai come: TAXPAYER NUMBER Not Available INVESTMENT ACTIVITY LAST STATEMENT —- February 27, 2004 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/24/04 EXPIRED PUT TSY 17/8 1/06 -25,000,000 EUROPUT STRK 99 24/32 EXP 03/17/2004 TOTAL MISCELLANEOUS DATE MO'DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 03/25/04 JOURNAL MISC ADJ TO CASH BAL 0.50 TOTAL $0.50 Your messages ‘i Excess SIPC Account Protection Update | The Firm believes it is of the utmost importance that clients who purchase or Effective February 16, 2004, the commercial insurer through which Bear, hold mutual funds fully understand the intricacies of the pricing structures and Steams Securities Corp, obtains excess SIPC protection changed to Customer rules which govern these investments, Recently, a joint Industry/NASD Task Asset Protection Company ("CAPCO"), a New York licensed insurance Force collaborated to create a Disclosure Statement to address these issues, company. CAPCO has an A+ financial strength rating from Standard and We are providing this Disclosure Statement to you for the purpose of Poor's, reinforcing these concepts and to initiate the opportunity for further discussion of these issues to the extent you have questions, You are encouraged to contact your financial professional with any questions you have regarding your investments, Additionally, you may review this information online at the following NASD web site: http://www.nasdr.com/breakpoints_statement.asp 027 04/01/04;12:31 001 vaz3 EFTA00196381

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/01/04;12:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vaza EFTA00196382

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE FIRM VISIT OUR WEBSITE ww.bearstearns.com What’s In This Statement Financial Summary , : Your Portfolio Holdings . . Transaction Detail ......s.ssssesserssseeerees Your M@SSAQES sis sssressrenecscnesesnevaneseensens own = Cash Flow Analysis THIS PERIOD OpeningBalance $0.00 Miscellaneous 54,687.00 Amount Cred Securities Bought -54,687.50 Amount Debited $-54.687.50 Net Cash Activity -0.50 Closing Balance FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK CENTER SUITE 63 ST THOMAS VI 00802 Cash Balance Summary OPENING CLOSING Margin 0.00 -0.50 Net Cash Balance Portfolio Composition SHOAT LONG Cash/Cash Equivalent 1 Total 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 FINANCIAL TRUST CO INC STATEMENT PERIOD January 31, 2004 THROUGH February 27,2004 account nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT ‘This statemem should be retained for your records. See reverse side for important information 027 2/2804;11:32 001 va28 EFTA00196383

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST CO INC 2 ofa THROUGH Your Portfolio Holdings ACCOUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER NUMBER LAST STATEMENT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 4 TOTAL CASH & CASH EQUIVALENTS $-1 EQUITIES Equities & Options ACT MARKET ESTIMATED QURRENT DESCRIPTION SYMBOU'CUSIP TYRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%) PUT TSY 17/8 1/06 | MRGN 25,000,000 Unpriced EUROPUT STRK 99 24/32 EXP 03/17/2004 Total Equities& Options $0 $0 TOTAL EQUITIES $0 $0 YOUR PRICED PORTFOLIOHOLDINGS $-1 o27 02/2804;11:22 001 vaza STATEMENT PERIOD January 31,2004 February 27,2004 Not Available EFTA00196384

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of4 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE 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 January 31, 2004 THROUGH February 27,2004 accout Nuecr TAXPAYER NUMBER Not Available LAST STATEMENT DEBIT AMOUNT CREDIT AMOUNT 02/06/04 02/05/04 BOUGHT PUT TSY 17/8 1/06 EUROPUT STRK 99 24/32 EXP 03/17/2004 AS OF 02/05/04 25,000,000 0.21875 TOTAL $-54,687.50 MISCELLANEOUS MOrDAY TRANSACTION DESCRIPTION DEBT AMOUNT CREDIT AMOUNT 02/09/04 JOURNAL FITM FITO 54,687.00 TOTAL $54,687.00 Your messages ‘i Excess SIPC Account Protection Update Effective February 16, 2004, the commercial insurer through which Bear, Steams Securities Corp, obtains excess SIPC protection changed to Customer Asset Protection Company ("CAPCO"), a New York licensed insurance company, CAPCO has an A+ financial strength rating from Standard & Poor's, STOP ****** End of Statement****** VY —_ 027 02/2804;11:32 001 vaza EFTA00196385

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4 oa STATEMENT BACKER IS PRINTED ON THIS PAGE 2/2804;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vaza EFTA00196386