Statements EFTA00196387

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities “ FINANCIAL TRUST CO INC OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE www.bearstearns.com THROUGH account numccr TAXPAYER NUMBER On File STATEMENT PERIOD Novernber 30, 2002 December 31, 2002 What’s In This Statement LAST STATEMENT November 29, 2002 Financial SUMMATY senses 1 FINANCIAL TRUST CO INC Transaction Detail .essecseneeeneerne 2 ATTN LIZ LYNETT C/O OFFICE Cash Flow Analysis Income Summary THis PERIOD THiS PERIOD YEAR TO DATE Govt. Agency Int. 23,522.64 35,175.23 Important Message if any information regarding Dividends/Interest 23,522.64 $23,522.64 -23,522.64 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. This summary is for informational purposes only. It is mot intended as a tax document. This statemem should be retained for your records. See reverse side for important information. 027 01/01/03;06:59 001 veas EFTA00196388

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bogs Steams Securities vl STEARNS FINANCIAL TRUST CO INC 2 of 3 STATEMENT PERIOD November 30,2002 THROUGH December 31, 2002 account numccr (S TAXPAYER NUMBER On File Repurchase and Reverse Repurchase Transactions with Bear, Stearnsand Co. Inc. outstanding as of date of statement LAST STATEMENT November 29, 2002 PURCHASE, REPURCHASE PRICING PURCHASE PRICE ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST* FACE AMOUNT) cusIP DESCRIPTION YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN 10/16/02 _ OPEN 0.000 -30,000,000 SERIES 2471 CLASS YT 1.0000 03/15/32 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $0 $0 “As of statement date Transaction Detail INTEREST DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE [%) OEBIT AMOUNT CREDIT AMOUNT 12/16/02 FEDERAL HOME LOAN MTG CORP | 1.0000 23,522.64 ES 2471 CLASS YT Re Tia Re REPOP &! 1.0000 TOTAL $23,522.64 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 12/18/02 JOURNAL FEDERAL HOME LOAN MTG CORP 23,522.64 SERIES 2471 CLASS YT 1,000 DUE 03/15/32 P&I TRFR TOTAL $-23,522.64 027 01/01/03;08:59 001 veas EFTA00196389

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy FINANCIAL TRUST CO INC 3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/03;08:59 001 veas EFTA00196390

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT B FAR Bear, Steams & Co. Inc. a. STEARNS ee FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE | GNMA GOVT BOND STATEMENT PERIOD October 26, 2002 VISIT OUR WEBSITE www.bearstearns.com THROUGH November 29, 2002 . account numccr = What’s In This Statement TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 Financial SUMIMALY sssssessssssesseesaeesseniaee 1 FINANCIAL TRUST CO INC Transaction Detail ....sssesssssesesenes 2 —E C/O OFFICE Cash Flow Analysis Income Summary THIS PERIOD THiS PERIOD YEAR TO DATE Govt. Agency Int. 2,860.45 11,652.59 Dividends 'Interest 2,860.45 i Amount Credited $2,860.45 Miscellaneous -2.860.45 This summary is for informational purposes only. it is mot itended as a tax document. This statemem should be retained for your records. See reverse side for important information. 027 11/30V02;14:25 001 veas EFTA00196391

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bogs Steams Securities vl STEARNS FINANCIAL TRUST CO INC 2 of3 . STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 account numccr (S TAXPAYER NUMBER On File Repurchase and Reverse Repurchase Transactions with Bear, Stearnsand Co. Inc. outstanding as of date of statement LAST STATEMENT October 25, 2002 PURCHASE, REPURCHASE PRICING PURCHASE PRICE ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST" FACE AMOUNT) cus DESCRIPTION YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN 10/16/02 _ OPEN 0.000 -30,000,000 SERIES 2471 CLASS YT 1.0000 03/15/32 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $0 $0 “As of statement date Transaction Detail INTEREST DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE [%) OEBIT AMOUNT CREDIT AMOUNT 11/15/02 FEDERAL HOME LOAN MTG CORP | 1.0000 2,860.45 ES 2471 CLASS YT Re Taso eRe REPOP &I 1.0000 TOTAL $2,860.45 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 11/18/02 JOURNAL FEDERAL HOME LOAN MTG CORP 2,860.45 SERIES 2471 CLASS YT 1,000 DUE 03/15/32 Pal TANFR TOTAL $-2,860.45 027 11/3002;14:28 001 veas EFTA00196392

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy FINANCIAL TRUST CO INC 3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/3002;14:28 001 veas EFTA00196393

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT B FAR Bear, Steams & Co. Inc. a. STEARNS ee FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOD September 28, 2002 VISIT OUR WEBSITE www.bearstearns.com THROUGH October 25, 2002 ; . account numccr = What’s In This Statement SAxpaveR NUMBER On File FINANCIAL TRUST CO INC LAST STATEMENT September 27, 2002 ATTN LIZ LYNETT Financial SUMMALY ssessssesececnesesseeeesersene Transaction Detail .....sscsssesserssenens 2 C/O OFFICE Cash Flow Analysis Income Summary THIS PERIOD et’: Govt. Agency Int. 2,903.41 8,792.14 Te Dividends/ interest 2,903.41 . Amount Credited $2,903.41 Miscellaneous -2,903.41 This summary is for informational purposes only. It is mot intended as a tax document. This statemem should be retained for your records. See reverse side for important information. 027 10726/02;10:07 001 vea? EFTA00196394

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bogs Steams Securities vl STEARNS FINANCIAL TRUST CO INC 2 of 3 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 account numccr (S TAXPAYER NUMBER On File Repurchase and Reverse Repurchase Transactions with Bear, Stearnsand Co. Inc. outstanding as of date of statement LAST STATEMENT September 27, 2002 PURCHASE, REPURCHASE PRICING PURCHASE PRICE ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST* FACE AMOUNT) cusIP DESCRIPTION YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN 10/16/02 _ OPEN 0.000 -30,000,000 SERIES 2471 CLASS YT 1.0000 03/15/32 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $0 $0 “As of statement date Transaction Detail INTEREST DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE [%) OEBIT AMOUNT CREDIT AMOUNT 10/15/02 FEDERAL HOME LOAN MTG CORP | 1.0000 2,903.41 ES 2471 CLASS YT RE Testo sc WRe REPOP &I 1.0000 TOTAL $2,903.41 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 10/16/02 JOURNAL FEDERAL HOME LOAN MTG CORP 2,903.41 SERIES 2471 CLASS YT 1,000 DUE 03/15/32 Pal TANFR TOTAL $-2,903.41 027 10/2602;10:07 001 vea? EFTA00196395

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy FINANCIAL TRUST CO INC 3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 10/2602;10:07 001 vea? EFTA00196396

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT B FAR Bear, Steams & Co. Inc. a. STEARNS ee FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOD August 31,2002 VISIT OUR WEBSITE waw.bearstearns.com THROUGH September 27, 2002 . account numccr = What's In This Statement saxpaven wowwen On fll Financial SUMMALY sess 1 FINANCIAL TRUST CO INC wasy srareweny — Rapust 30,2008 Transaction Detail ....sssessssseeessenee 2 —E— C/O OFFICE Cash Flow Analysis Income Summary THIS PERIOD A FO DATE, Govt. Agency Int. 5,888.73 5,888.73 Dividends 'Interest 5,888.73 i Amount Credited $5,888.73 Miscellaneous -5.888.73 This summary is for informational purposes only. It is mot intended as a tax document. This statemem should be retained for your records. See reverse side for important information 027 O92802;12:44 001 Vea6 EFTA00196397

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Z Steams Securities " STEARNS ee FINANCIAL TRUST CO INC 2 ofa STATEMENT PERIOO August 31,2002 THROUGH September 27, 2002 . ACCOUNT NUMBER ; Repurchase and Reverse Repurchase Transactions sos TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 PURCHASE, REPURCHASE PRICING PURCHASE PRICE ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST" FACE AMOUNT) cus DESCRIPTION YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN 08/12/02 _ OPEN 0.000 -3,545,000 SERIES 2471 CLASS YT 1.0000 03/15/32 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $0 $0 “As of statement date Transaction Detail INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY DEBIT AMOUNT CREDIT AMOUNT 09/04/02 FEDERAL HOME LOAN MTG CORP 2,954.17 Boe Ds Ts208H"SS Yoo AisBosy'S ¥o00 a2 pg 2 Bue 0 REG TOTAL $5,888.73 027 09/2802;12:44 001 véa6 EFTA00196398

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OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Steams & Co. Inc. STEARNS 3 ofa Transaction Detail (continued) MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT 09/05/02 JOURNAL FEDERAL HOME LOAN MTG CORP 2,954.17 SERIES 2471 CLASS YT 1,000 DUE 03/15/32 P&l TRANSRA JOURNAL FEDERAL HOME LOAN MTG CORP 2,934.56 SERIES 2471 CLASS YT 1,000 DUE 03/15/32 P&l TRNFR TOTAL $-5,888.73 CREDIT AMOUNT [STOP] ****** End of Statement™***** 09/2802;12:44 001 CLEARED THROUGH ITS WHOLLY OWNED Ste FINANCIAL TRUST STATEMENT PERIOO THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT véa6 SUBSIDIARY co INC August 31, 2002 September 27, 2002 On File August 30, 2002 EFTA00196399

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy FINANCIAL TRUST CO INC 4 ofa STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2802;12:44 001 véa6 EFTA00196400

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Steams & Co. Inc. STEARNS ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOD July 27, 2002 VISIT OUR WEBSITE www.bearstearns.com THROUGH August 30, 2002 FINANCIAL TRUST CO INC account numccr TAXPAYER NUMBER On File LAST STATEMENT FINANCIAL TRUST CO INC ATTN LIZ LYNETT C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear,Stearns& Co.Inc. outstanding as of date of statement PURCHASE: REPURCHASE PRICING PURCHASE PRICE ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST" FACE AMOUNT) cus DESCRIPTION YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN) 08/12/02 OPEN 0.000 -3,545,000 SERIES 2471 CLASS YT 1.0000 03/15/32 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $0 $0 "As of statement date This summary is for informational purposes only. it is mot ietended as a tax document. This statemem should be retained for your records. See reverse side for important information. 027 08/31/02;12:57 001 VE6E EFTA00196401

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STATEMENT BACKER IS PRINTED ON THIS PAGE 08/31/02;12:57 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy FINANCIAL TRUST CO INC EFTA00196402