Statements EFTA00196477

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE What’s In This Statement wow.bearstearns.com Financial Summary , 3 Your Portfolio Holdings . » 4 Transaction Detail .....sssseenenees 5 Fund Activity .. . 7 Your Messages 9 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 29,406,395 NET CREDIT BALANCE 11,290 MONEY MARKET FUND BALANCE 37,523,003 = NET EQUITY LAST STATEMENT 89,939,338 CHANGE SINCE LAST STATEMENT -22,998,650 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, ih & Es lent Equities $30,526.395 : $-1,120.000 $63,792,058 : $-530,000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO December 1, 2001 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER On File December 31,2001 LAST STATEMENT November 30, 2001 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $37,534,293 fe2] Current market value 28] Last statements market value (1) Short market value ‘This summary is for informational purposes only. It Is not intended as a tax document, Important Message if any information regarding 2001 interest, 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 31,2002or 1042S by March 15,2002. ‘This statemem should be retained for your records. See reverse side for important information, o27 01/03/02;08:34 001 vs19 EFTA00196478

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2 of9 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/03/02;08:34 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC vs19 EFTA00196479

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of9 Cash Flow Analysis THIS PERIOD OpeningBalance $3,002,139. 76 Securities Sold 22,427 836.16 Money Fund 4,047,863.33 Dividends/Interest 151,829.43 Miscellaneous 13,518,953.25 Amount Cr ited $40,146.482.17 Securities Bought -18,289,468.42 Money Fund -17,847,863.33 Funds Withdrawn -6,000,000.00 Miscellaneous -1,000.000.00 Amount Debited $-43,137.331.75 Net Cash Activity -2,990,849.58 Cash Balance Summary OPENING CLOSING Cash 3,002,139.76 11,290.18 Net Cash Balance $3,002,139.76 $11,290.18 Income Summary THiS PERIOD Dividends 197,580.93 Substitute Payment 0.00 Credit Balance Int. 2,111.83 :- Foreign Tax Withheld 0.00 Margin Int. Paid 0.00 Portfolio Composition SHORT Cash/Cash Equivalent Equities 1,120,000 Total $1,120,000 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 accout nuvecr TAXPAYER NUMBER On File YEAR TO DATE 1,286,480.16 76,725.66 38,425.74 LAST STATEMENT Novernber 30, 2001 -48,516.34 LONG 37,534,293 30,526,395 vets Your Portfolio $68,060,688 Allocation Equities 44% Cash & Equivalent 55% — Short Equities 1% Unehaded portions denote debt balance andior short market values. The alocation percentage is derived from the absohte market value of your portloio, 01/03/02;08:34 001 vs19 EFTA00196480

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 a9 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME —_YELD (%} CASH BALANCE DREYFUS CASH MANAGEMENT-CL A bICcX 37,523,003.02 1.0000 37,523,003 863,029 2.3000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD _2.1000% TOTAL CASH & CASH EQUIVALENTS $37,534,293 $863,029 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT SYMBOUCUSIP TRE QUANTITY PRKE VALUE ANNUAL INCOME YELD [%} CNH CASH 250,000 6.0900 1,522,500 138,000 9.0640 550,000 27.5000 15,125,000 EXP 01/19/2002 CALL TOOINC FEB O25CBOE TOOBE CASH -500 3.3000 -165,000 EXP 02/16/2002 CALL TOOINC FEB O030CBOE TOOBF CASH -2,000 0.8000 -160,000 EXP 02/16/2002 VECTOR GROUP LTD VGR CASH 374,294 32.8500 12,295. 558 598. 4.8706 SENTIGEN HOLDING CP RSTD | CASH 333,334 4.7500 1,583,337 Total Equities& Options $29.406,395 $736,870 TOTAL EQUITIES $29.406,395 $736,870 o27 01/0302,06:34 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIKOO December 1, 2001 THROUGH ACCOUNT NUMBER December 31,2001 TAXPAYER NUMBER On File LAST STATEMENT vs19 November 30, 2001 EFTA00196481

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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 Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 5 of9 . STATEMENT PERIOG December 1, 2001 THROUGH December 31,2001 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT November 30, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,599,899 YOUR PRICED PORTFOLIOHOLDINGS $66,940,688 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT_ AMOUNT 12/18/01 12/13/01 SOLD LADENBURG THALMANN FINL SVCS LTS -130,254 1.00370 127,993.75 INC AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED TH TaIG4 JOURNAL if TO SA ‘ArvaT CORP T 1763;300" UNSOLICITED AT&T CORP AS OF TRADE AS OF 12/17/01 1653360" "78.289'468-43" 18, 027 01/0302,06:34 001 vs19 EFTA00196482

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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 Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 6 of9 , STATEMENT PERIOG December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 12/20/01 12/11/01 BOUGHT LADENBURG THALMANN FINL SVCS LTS 130,254 INC SPINOFF ON SHS VECTOR GROUP SPINOFF VS YO02114 REC 12/10/01 PAY 12/20/01 AS OF 12/11/01 CLA DEL TO 00005 TELIGENT INC-CLR™ 0.60550 “60,000 Teeia” 182.48 $78,727.91 12/21/01 12/20/01 SOLD CALL TOO INC JAN 0O25CBOE QTOOAE -2,500 2.35000 EXP 01/19/2002 UNSOLICITED OPEN CONTRACT eater JOURNAL TOSING JRL FM ( Per ints nue sss suuneneunenenaunenens sss eeaenenn auuunaununene 1s sueunenauseneueenenen t/t) euunenaueuseugunenane {1s auauneusunensuneneusn 1111 eonnenaenen 101) guuneneneunenguonnene 111s aueenensuseneusenenen (111 suenenauseeensenenans CALL TOOINC JAN O25CBOE QTOOAE -500 2.75000 135,742.39 EXP 01/19/2002 UNSOLICITED OPEN CONTRACT CALL TOO INC FEB 025CBOE EXP 02/16/2002 UNSOLICITED OPEN CONTRACT AS OF 12/24/01 72/26i01 JOURNAL 100 ING JRL FM RR PER INTXS Dro or 12/26/01 3.35000 6574191 12/26/01 TOTAL $-18,289,468.42 $22,427 ,836.16 02? 01/02/02;08:34 001 vs19 EFTA00196483

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT G Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS —— 10179 7 of9 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) TAXPAYER NUMBER On File accoust numecr [S DEPOSITS AND WITHDRAWALS LAST STATEMENT November 30,2001 DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 12/03/01 FND WIRED FNDS WIRED TO 2,000,000.00 4/01 FND WIRED “OO0{666°06 iREG Ear I Pn: ; A, D TO FND WIRED 1,000,000.00 TOTAL $-6,000,000.00 MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCRIPTION SYMBOUCUSIF QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 12/01/01 OPENINGBALANCE 23,675,139.69 aio a =A, 2 cr Ti.) STITUTIONAL SHARI MONTHLY DIVIDEND ere INSTITUTIONAL SHARES DIVIDEND REINVESTED Taios OT BOUGHT BREVFUS Cash MANAGEMENT-CL'A CEMENT: TT 400.000°" "76060" {7466:60000" INSTITUTIONAL SHARES 12/19/01 SOLD Re GASH MANAGEMENT-CL A -2,000,000 1.0000 2,000,000.00 A }00 027 01/03/02;08:34 001 vs19 EFTA00196484

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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 | | FINANCIAL TRUST COMPANY INC Bae STATEMENT PERIOG December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) account xumccr = TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT — November 30, 2001 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT (CREDIT AMOUNT 12/20/01 BOUGHT REECE GASH. MANAGEMENT-CL A BICC 3,400,000 1.0000 3,400.000.00 TIC cl aa: ae "a mee TC CT INSTITUTIONAL SHARES RACVEUS CASH MANAGEMENT-CL'A 3600/000°""T660 "000,600 °00"" 12/31/01 CLOSINGBALANCE 37,523,003.02 TOTAL $-17,847,863.33 $4,047 ,863.33 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 12/20/01 VECTOR GROUP LTD VGR 374,294 0.4000 149,717.60 REC 12/10/01 PAY 12/20/01 TOTAL $149,717.60 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE ("et CeBIT AMOUNT CREDIT AMOUNT 12/21/01 INTEREST ONCREDIT BALANCE 1.2500 28.64 AT 1 1/4% 12/11 THRU 1 AT 1 1/2% 11/19 THRU 12/10 TOTAL $2,111.83 027 01/03/02;08:34 001 vs19 EFTA00196485

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 9 of9 Transaction Detail (continued) MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 12/04/01 JOURNAL COL REC LOA FROM 479,583.05 INC CASH IN LIEU OF 31200 VECTOR GROUP LTD REC 12/10/01 PAY 12/20/01 SPINOFF VS VO02114 12/26/01 JOURNAL BSIL-FINANCIAL TRUST CO.,INC 3,039,369.89 NY16418 EQUITY SWAP DUE 01/23/03 AT&T CORP DERIVATIVE SETTLEMENT TOTAL $-1,000,000.00 $13,518,953.25 Your messages As part of the National Association of Securities Dealer's (NASD) Investor Education Program, you may obtain information on the NASD's Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the internet address which is www,nasdr.com, In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request. (stor ****** End of Statement****** VY 027 01/03/02,06:34 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT Novernber 30, 2001 vsiS EFTA00196486

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OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , ' Your Portfolio Holdings . . Transaction Detail ......s.sesseseresseeerees Fund Activity w,ssesssssserssnessssstenssecaneseensars NO fF Ww Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD § 63,262,058 NET CREDIT BALANCE 3,002,140 MONEY MARKET FUND BALANCE 23,675,140 NET EQUITY LAST STATEMENT 60,689,473 CHANGE SINCE LAST STATEMENT 29,249,865 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securitios Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $26,677,280 Equities $63,792,058 $34,495,728 = $-2,030,500 || Current market value ERB] Last statement's market value [1] Short market value This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information 027 12101/01;10:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT October 26,2001 : $-530,000 v813 EFTA00196487

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 12101/01;10:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC v813 EFTA00196488

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BEAR STEARNS 3 of8 Cash Flow Analysis Openi: Securities Sold Money Fund Dividends/Interest Balance Amount Credited OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Balance Summary THIS PERIOD OPENING $813,411.91 Cash 608,039.20 3,325,883.81 Margin 205,372.71 3,864,306.54 Net Cash Balance $813,411.91 869.82 Securities Bought Money Fund Funds Withdrawn Dividends/interest Charged Miscellaneous Amount Debited Net Cash Activity ~457,002.50 Income Summary -64,306.54 ——_ 400,000.00 Dividends 64,306.54 23.28 Substitute Payment 0.00 Credit Balance Int. 869.82 4,381 -000.00 er ere Total ; $65,176.36 Foreign Tax Withheld 0.00 2,188,727.85 Margin Int. Paid -23.28 Same day Yansters cf cash betwoon account types are not inckuded in this section; such transfers, as well as details for all other transactions tis period, appear in Transaction Detail, Portfolio Composition SHORT Cash/Cash Equivalent Equities 530,000 $1,201,938.80 CLOSING 3,002,139.76 0.00 $3,002,139.76 YEAR TO DATE 1,088,899.23 76,725.66 36,313.91 -150.00 -48,516.34 LONG 26,677,280 63,792,058 027 12101/01;10:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD October 27,2001 Novernber 30, 2001 accout nuvecr TAXPAYER NUMBER On File October 26,2001 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent 29% Short Equities = <1% Equities 70% Unehaded portions denote debt balance andior short market values. The alocation percentage is derived from the absohte market value of your portloio, v813 EFTA00196489

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 of8 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE DREYFUS CASH MANAGEMENT-CL A bICcX 23,675,139.69 1.0000 23,675,140 662,904 2.8000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 2. 3800% TOTAL CASH & CASH EQUIVALENTS $26,677,280 $662,904 EQUITIES Equities & Options ACCT WAARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYPE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} CNH GLOBAL [i CNH CASH 250,000 5.1900 1,297,500 138,000 10.6358 ESTEE LAUDER COMPANIES INC 33.3700 3,337,000 20,000 0.5993 CLA 0.1000 6.000 TELIGENT INC-CL A TGNTQ CASH TOO ING Too CASH 1,400,000 29.3700 41,118,000 CALL TOOINC FEB O030CBOE TOOBF CASH -2,000 2.6500 -530,000 EXP 02/16/2002 VECTOR GROUP LTD VGR CASH 374,294 43.9500 16,450,221 598,870 3.6405 SENTIGEN HOLDING CP ASTD | CASH 333,334 4.7500 1,583,337 Total Equities& Options $63,262,058 $756,870 TOTAL EQUITIES $63,262,058 $756,870 027 1201/01;10:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD October 27,2001 Novernber 30, 2001 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT v613 October 26,2001 EFTA00196490

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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 | | FINANCIAL TRUST COMPANY INC 5 of6 , STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 accout nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT October 26, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,419,774 YOUR PRICED PORTFOLIOHOLDINGS $89,939,337 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 11/06/01 RECEIVED ESTEE LAUDER COMPANIES INC EL 100,000 3,181,000.00 CLA RECV FROM 00005 “FER O30 CBOE OToGBF "000 EXP 02/16/2002 UNSOLICITED OPEN CONTRACT “NOVGSE CBOE BS0S33SKS 006 457,002°5 EXP 11/17/2001 UNSOLICITED CLOSING CONTRACT THTEIOT FROM 047-30185 PER LOA 027 12101/01;10:46 001 v613 EFTA00196491

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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 Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 6 of8 STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 11/19/01 JOURNAL CALL VECTOR GRP NOV 28.625 92240M9K6 1,000 ADJ 5% STOCK DIVIDEND EXP 1172001 AE ASSIGNED 01459 TET TTT SOLS VECTOR GAGUP TTS ie “105,000 SEE, =S* ON BACK AE 1000 ASSIGNED T2807 JOURNAL CHHGIOBAT JOURNAL FROM TYPE 2 TO 1 “URNA VECTOR GROUP Td VR 374,294 JOURNAL FROM TYPE 2 TO 1 THS8I04 JOURNAL ChHGIORAT Chi "250,000 JOURNAL FROM TYPE 2TO 1 11/28/01 JOURNAL VECTOR GROUP LTD VGR "374.294 JOURNAL FROM TYPE 2 TO 1 TOTAL $-3,638,002.50 $3,325,883.81 38'62500 3.002, 887°31 TT2BI04 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 11/29/01 FND WIRED WIRED TO 100,000.00 TOTAL $-100,000.00 027 1201/01;10:46 001 v613 EFTA00196492

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Con Bear, Stearns & Co. Inc. One Mebane preg hers 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS a" 10179 FINANCIAL TRUST COMPANY INC 7 of6 STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) accoust numecr [S TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT October 26,2001 DATE MOIDAY TRANSACTION DESCAIFTION SYMBOL/OUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 10/27/01 OPENINGBALANCE 27.410.833.15 ARES MONTHLY DIVIDEND REINVEST DREYFUS CASH MANAGEMENT: cla DICCX 64,306.54 64.306 54 INSTITUTIONAL SHARE: D INSTITUTIONAL SHARES Tose SOLS BAREVFUS CASH MANAGEMENT: cn BIGEX eT BOTGGG TSG S85 G50 00 11/30/01 CLOSINGBALANCE 23,675,139.69 TOTAL $-64,306.54 $3,864,306.54 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (Se DEBIT AMOUNT CREDIT AMOUNT 11/21/01 TEREST ONGAEDIT BALANCE 1.5000 13.50 (06 THRU i AEDIT'E AT 2,000% 10/21 THRU 11/05 "32 BAL AVBAL 101,604 TOTAL $-23.28 $869.82 027 1201/01;10:46 001 v613 EFTA00196493

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS a" 10179 FINANCIAL TRUST COMPANY INC 8 of6 STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File MISCELLANEOUS LAST STATEMENT October 26, 2001 DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 11/05/01 JOURNAL JOURNAL FROM TYPE 210 1 205,372.71 Toso IOTANAL JOURNAL FROM TYPE S01" ‘BOS 3725" 11/28/01 JOURNAL JOURNAL FROM TYPE 2T0 1 3,002,874.03 TOTAL $-4,408,246.74 $3,208,246.74 / (stor ****** End of Statement*** — 027 1201/01;10:46 001 v613 EFTA00196494

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 wow.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . Transaction Detail ......ssssssesseresseeerees Fund Activity ,, Your Messages Noo & w Your Portfolio at a Glance $28,224,245 32,465,225 ons éosntt I 3's TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE $60,689,473 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 58,387,666 2,301,807 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $34,495,728 813,412 27,410,833 $3 | | Current market value $288] Last statements market value [[) Short market value ‘This summary 5 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 COMPANY INC STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 28, 2001 : $-2,030,500 2,167,063 - $-1.522,500 ‘This statemem should be retained for your records. See reverse side for important information. oe? 10/27/01,09:11 001 vsa2 EFTA00196495

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 10/27101,09:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00196496

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of? 383 Madison Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $409,531 65 Securities Sold 402,983.83 Money Fund 77,261.81 Dividends/Interest 876.47 Miscellaneous 19.96 $481,142.07 -77,261.81 Amount Debited $-77,261.81 Net Cash Activity Cash Balance Summary OPENING CLOSING Cash 204,178.90 608,039.20 Margin 205,352.75 205,372.71 Net Cash Balance $409,531.65 $813,411.91 New York, New York 10179 Income Summary THiS PERIOD YEAR TO DATE Dividends 77,261.81 1,024,592.69 Substitute Payment 0.00 76,725.66 Credit Balance Int. 876.47 35,444.09 TOR enesesnersteeernesesee ELA ee eee Foreign Tax Withheld 0.00 Margin Int. Paid 0.00 -48,493.06 Portfolio Composition SHORT LONG Cash/Cash Equivalent 28,224,245 Equities 2,030,500 34,495,728 Total $2,030,500 $62,719,973 027 10/27/01 09:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 28, 2001 Your Portfolio Allocation Cash & Equivalent bedad Equities 53% Short Equities— 3% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vso2 EFTA00196497

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 389 Madison Avera STEARNS a" 10179 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS DESCRIPTION SYMBOU'CUSIP QUANTITY CASH BALANCE DREYFUS CASH MANAGEMENT-CL A bICccX 27,410,833.15 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 2, 7900% TOTAL CASH & CASH EQUIVALENTS Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO September 29, 2001 THROUGH October 26,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 28, 2001 NAARKET ESTIMATED (QURRENT PRICE VALUE ANNUAL INCOME YELD (%} EQUITIES Equities & Options ACCT DESCRIPTION SYMBOUCUSIP TYPE CNH MRGN TELIGENT INC-CL A TGNTQ TOO INC TOO CALL TOOINC + NOVO25CBOE TOOKE EXP 1 2001 VECTOR GROUP LTD” VGR MAGN GALL VECTOR GRP NOV28 625° ADJ 5% STOCK DIVIDEND 2001 xGOK28 MAGN SENTIGEN HOLDING CP RSTD Total Equities& Options TOTAL EQUITIES CASH 1.0000 27,410,833 904,557 3.3000 $28,224,245 $904,557 WAARKET ESTIMATED CURRENT QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} 250,000 5.4000 1,350,000 138,000 10.2222 0.2300 13,800 "27.4100 10,964,000 -2,000 2.7500 -550,000 3.7559 479,294 42.6000 20,417,924 -1,000 14.1000 -1,480,500 766.870. 333,334 5.2500 1,750,004 $32,465,228 $904,870 $32,465,228 $904,870 027 1027/01 ,09:11 001 vso2 EFTA00196498

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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 | | FINANCIAL TRUST COMPANY INC 5 of? STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 accoust numecr [S TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT September 28, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,809,427 YOUR PRICED PORTFOLIOHOLDINGS $60,689.472 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT_ AMOUNT 10/12/01 10/11/01 SOLD CALL TOOINC NOVO25CBOE QTOOKE -2,000 2.05000 402,983.83 EXP 11/17/2001 OPEN CONTRACT AS OF 10/11/01 TOTAL $402,983.83 MONEY FUND ACTIVITY DATE MOVDAY TRANSACTION. DESCAIFTION SYMBOUCUSIF QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 09/29/01 OPENINGBALANCE 27,333,571.34 Re Hana SARE MONTHLY DIVIDEND 027 1027/01 ,09:11 001 vso2 EFTA00196499

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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 FINANCIAL TRUST COMPANY INC 6 of? STATEMENT PERIOO September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT — September 28, 2001 DATE MONDAY TRANSACTION DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/01/01 REINVEST RBEEUR CASH MANAGEMENT-CL A DICCK 77,261.81 77,261.81 DIVIDEND REINVESTED 10/26/01 CLOSINGBALANCE 27.410.833.15 TOTAL $-77,261.81 $77,261.81 INTEREST DATE DESCRIPTION SYMBOUGUSIF QUANTITY RATE ("eb DEBIT AMOUNT CREDIT AMOUNT 10/22/01 INTEREST ONCREDIT BALANCE 1.5000 65.87 AT 1 1/2% 09/21 THRU 09/23 AT 2 1/2% 09/24 THRU 10/01 ioeeior™ AT 2,000% 10/02 THRU 10/20 TOTAL $876.47 MISCELLANEOUS DATE MONDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 10/01/01 CASH-LIEU VECTOR GROUP LTD 19.96 CASH IN LIEU OF 55000 REC 09/21/01 PAY 09/28/01 TOTAL $19.96 oz? 10/27/01,09:11 001 vsaz EFTA00196500

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 7 ot? Your messages ie We are pleased to announce that we have moved our world headquarters, previously located at 245 Park Avenue, to: 383 Madison Avenue New York, New York 10179 While our telephone numbers and e-mail addresses remain the same, some fax numbers have changed, Please check with your Account Executive. (stor ****** End of Statement*™***** ( 027 10727/01,08:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 28, 2001 vsd2 EFTA00196501

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS _———€~€ 10167 ACCOUNT EXECUTIVE = ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . : Transaction Detail ......sssesseseresseesrees Fund Activity ,, 1 Your Messages oun ff 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 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 accout nuvecr Hasalbcsdealslessahil TAXPAYER NUMBER On File FINANCIAL TRUST COMPANY INC Last STATEMENT August $1, 2001 C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio 7,743,103 TOTAL VALUE OF SECURITIES THIS PERIOD 30,644,563 Cash & Equivalent EE on neere coc ae css MONEY MARKET FUND BALANCE 27,333,571 $95,418,740 : $-2,252,500 NET EQUITY THIS PERIOD $58,387,666 NET EQUITY LAST STATEMENT 62,284,004 CHANGE SINCE LAST STATEMENT 3,896,339 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nee-roceigt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securitios Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, fis] Current market value $288] Last statements market value [[) Short market value This summary Is for informational purposes only. It Is not ietended as a tax document This statement should be retained for your records. See reverse side for important information. oz? 09/28/01;10:55 001 vsao EFTA00196502

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2 of9 STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2901 ;10:55 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00196503

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 3 of9 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 . account xumccr = Cash Flow Analysis Income Summary SaxpaveR NUMBER On File THIS PERIOD THis PERIOD YEAR TO DATE i LAST STATEMENT August 31,2001 OpeningBalance $322,764.35 Dividends 214,153.34 947,330.88 . Substitute Payment 2,006.40 76,725.66 Money Fund 1,533,571.34 Credit Balance Int. 4178.90 34,567.62 Dividends/Interest 184,760.90 ses annensuensuensnsnsnensssssuenusesuseneseseaeanses Total $220,338.64 Miscellaneous 2,006.40 poreesternennnt C0 aneauneeneenaneeeen th oo Foreign Tax Withheld 0.00 Amount Credited Margin Int. Paid 0.00 -48,493.06 Money Fund -33,571.34 Miscellaneous -1,600,000.00 Amount Debited ™ $-1.633,571.34 Portfolio Composition Net Cash Activity 86,767.30 SHOnT ‘one Cash/Cash Equivalent 27,743,103 Equities 1,522,500 32,167,063 ss annnnnnnnssecsennnenssssanennnnnnnnnneseseeenses asssseeeeees asses Your Portfolio Total $1,522,500 $59,910,166 Allocation Cash Balance Summary OPENING CLOSING Cash 0.00 204,178.90 Margin 322,764.35 205,352.75 seennensnnanaessss sueeneusesensenanensesssanen Sannannenen eae Cash & Equivalent) Net Cash Balance $322,764.35 $409,531.65 Equities Short Equities— 2% Unshaded portions denote debt batance andicr short market values, The allocation percentage is derived from the absohte market value of your portioiio. 027 09/2901 ;10:55 001 vsao EFTA00196504

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 4 a9 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO September 1, 2001 September 28, 2001 accout nuvecr TAXPAYER NUMBER On File August 31,2001 THROUGH LAST STATEMENT (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE DREYFUS CASH MANAGEMENT-CL A biccx 27,333,571.34 1.0000 27,333,571 1,011,342 3.7000 INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS $27,743,103 $1,011,342 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} CNH MRGN 250,000 5.7700 1,442,500 138,000 9.5667 TELIGENT INC-CL A TGNTQ 60,000 0.1700 10,200 TOO INC Too CASH 00,000 20.9900 8,396,000 8.6: ADJ 5% STOCK DIVIDEND EXP 11/17/2001 SENTIGEN HOLDING CP ASTD CASH 333,334 5.5000 —- 1,833,337 Total Equities& Options $30,644,563 $904,870 TOTAL EQUITIES $30,644.563 $904,870 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,916 YOUR PRICED PORTFOLIOHOLDINGS $58,387,665 027 09/2901;10:55 001 vsao EFTA00196505

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 5 of9 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 1, 2001 THROUGH September 28,2001 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT August 31, 2001 Transaction Detail SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 09/19/01 JOURNAL CALL VECTOR GROUP NOVO30AMEX 92240M9K6 1,000 EXP 11/17/2001 ADJ 5% STOCK DIV TO SEC NUM JOURNAL CALL VECTOR GRE NOV 28°35 **** | “7,606 ADJ 5% STOCK DIVIDEND EXP 11/17/2001 ADJ 5% STOCK DIV FROM SEC NUM OSSEI07 EXPIRED CALE TOG INC” "SEB G5 CBSE” 890333Si0 EXP 09/22/2001 osisior™ 09/28/01 09/21 1 BOUGHT VECTOR GROUP LTD VGR 22,823 SEE NOTE "Ss" STK DIV ON SHS REC 09/21/01 PAY 09/28/01 AS OF 09/21/01 TOTAL MONEY FUND ACTIVITY DATE MOUDAY TRANSACTION: DESCRIPTION SYMBOUCUSIF QUANTITY PRICE CESIT AMOUNT CAEDIT AMOUNT 09/01/01 OPENINGBALANCE 28,800,000 DIVIDEND BREVFUS CASH MANAGEMENT-CL A BiceK 33,577.34 INSTITUTIONAL SHARES MONTHLY DIVIDEND INSTITUTIONAL SHARES DIVIDEND REINVESTED Osi FOT SOL BREVFUS Cash MANAGEMENT-CU' "f000:000"" 1,060°000°60 027 09/2901 ;10:55 001 vsao EFTA00196506

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 FINANCIAL TRUST COMPANY INC 6 of9 STATEMENT PERIOO September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT — August 31, 2001 DATE MOVDAY TRANSACTION DESCAIF SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/18/01 SOLD ina A BICC -§00,000 1.0000 500,000.00 09/28/01 CLOSINGBALANCE 27,333,571.34 TOTAL $-33,571.34 $1,533,571.34 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY AATE ($) CEBIT AMOUNT CAEDIT AMOUNT 09/28/01 VECTOR GROUP LTD VGR 451,455 0.4000 180,582.00 REC 09/21/01 PAY 09/28/01 TOTAL $180,582.00 SUBSTITUTEPAYMENTS DATE DESCRIPTION SYMBOUCUSIP QUANTITY AATE ($) OEBIT AMOUNT CAEDIT AMOUNT 09/28/01 VECTOR GROUP LTD VGR 2,006.40 RUB TOBY SN paP OuroBth TOTAL $2,006.40 02? 09/28/01;10:55 001 vsao EFTA00196507

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 of9 Transaction Detail (continued) INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (Sh DEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT August 31,2001 CREDIT AMOUNT INTEREST ON CREDIT BALANCE 09/21/01 0.5000 AT 0 1/2% 09/19 THRU 09/19 oe remem ne peepee aeeeneenrennrtnenssemneeneennneenecesseemoreneeagremaneeraremanenan ine AT 1 1/2% 09/20 THRU 09/20 "INTEREST GN CREDIT BALANCE” AT 2 1/2% 09/17 THRU 09/18 INTEREST ON CREDIT BALANCE AT 3.000% 08/21 THRU 09/16 2'5000 09/24/01 3.0000 14.21 90.66 3,931.41 TOTAL $4,178.90 MISCELLANEOUS MODAY TRANSACTION 09/18/01 DESCRIPTION JOURNAL To SAME NAME DEBIT AMOUNT 400,000.00 CREDIT AMOUNT TOTAL $-1,600,000.00 027 09/2901;10:55 001 vsao EFTA00196508

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 8 of9 Your messages ie This statement is provided to explain Bear, Steams & Co, Inc.'s (‘BSC") payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such securities, Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 31,2001 ie Beginning October 31, 2001, you may request the identity of the venue to which any of your orders were routed for execution {if the order was within the six months prior to the request or July 2, 2001, whichever is a later date), whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders, 027 09/2901 ;10:55 001 vsao EFTA00196509

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS _—€€ 10167 9 of9 ie Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 25, 2001 and July 27, 2001, the Company's net capital of $2,7 billion and $2.7 billion was approximately 8.9% and 9.2% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $605.5 million and $585,5 million by $2,1 billion and $2,1 billion, all respectively, A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site wwow.bearstearns.com_, Alternatively, to request a free printed copy please call -toll free 1-866-299-9331 **e*** End of Statement™***** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 1, 2001 THROUGH September 28,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 31,2001 | Securities and other assets in your account are the firm's collateral for any margin loan made to you, If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account, It is important that you fully understand the risks involved in trading securities on margin, These risks include the following: You can lose more funds than you deposited in the margin account, The firm can force the sale of securities or other assets in your account(s), The firm can sell your securities or other assets without contacting you. You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call, The firm can increase it's "house" maintenance requirements at any time and is not required to provide you advance written notice, You are not entitled to an extension of time on a margin call, 027 (09/29/01;10:55 001 vsao EFTA00196510

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 Pe ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , ' Your Portfolio Holdings . . Transaction Detail ......s.sssssessereeseeerees Fund ACtivity .,ssessesserssnssessstensssesanesnensans our Ww 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 COMPANY INC STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 accout nuvecr | PP | ery end eee TAXPAYER NUMBER On File FINANCIAL TRUST COMPANY INC Last STATEMENT July 27,2001 C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio SS 29,122,764 TOTAL VALUE OF SECURMIES THIS PERIOD 33,161,240 —_Cash & Equivalent “AMO a ‘ NET CREDIT BALANCE 322,764 Equities $35,413,740 -: $-2,252,500 MONEY MARKET FUND BALANCE 28,800,000 $48,505,047 : $1,205,440 NET EQUITY THIS PERIOD $62,284,004 NET EQUITY LAST STATEMENT 47,678,411 CHANGE SINCE LAST STATEMENT 14,605,594 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nee-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. || Current market value ERB] Last statements market value [[] Short market value This summary bs for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information 027 09901/01;10:37 001 v496 EFTA00196511

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 09901/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC v496 EFTA00196512

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of8 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $497,903. 66 Securities Sold 36,459,808.11 Money Fund 5,000,000.00 Dividends/Interest 59,492.12 Miscellaneous 5,560.46 Amount Cr ited Money Fund -33,800,000.00 Miscellaneous -7,900,000.00 AmOUNE Det OG nee ssssernernernerneans se Oo OOO. 00 Net Cash Activity -175,139.31 Same day ransiers of cash between account types are not included in this section; such transfers, as well ss details for all other transactions this period, appear in Transaction Detail, Cash Balance Summary OPENING CLOSING Cash 216,490.16 0.00 Margin 281,413.50 322,764.35 Net Cash Balance $497,903.66 $322,764.35 New York, New York 10167 Income Summary Tos PERIOD YEAR TO DATE Dividends 52,439.54 733,177.54 Substitute Payment 5,560.46 74,719.26 Credit Balance Int. 7,052.58 30,388.72 ne Foreign Tax Withheld 0.00 Margin Int. Paid 0.00 -48,493.06 Portfolio Composition SHORT LONG Cash/Cash Equivalent 29.122.764 Equities 2,252,500 35,413,740 Total $2,252,500 $64,536,504 027 09901/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT duly 27, 2001 Your Portfolio Allocation Cash & Equivalent bedad Equities 53% Short Equities— 3% Unehaded portions denote debt balance andior short market values. The alocation percentage is derived from the absohte market value of your portloio, v496 EFTA00196513

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of8 Your Portfolio Holdings CASH & CASH EQUIVALENTS MANRKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME _YELD (') CASH BALANCE DREYFUS CASH MANAGEMENT-CL A bICccX 28,800,000 1.0000 28,800,000 1,123,200 3.9000 INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS $29,122,764 $1,123,200 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} CNH MRGN 250,000 7.5000 ‘1,875,000 138,000 7.3600 TELIGENT INC-CL A TGNTO CASH 60,000 0.1300 7,800 TOO INC TOO CASH 400,000 27.5200 11,008,000 CALL TOOINC SEP 025CBOE TOOIE CASH -3,050 2.5000 -762,500 EXP 09/22/2001 VECTOR GROUP LTO VGR MAGN 456,471 44.9600 20,522,936 730,354 3.5587 CALL VECTOR GROUP NOVO30AMEX — VGRK30 MRGN -1,000 14.9000 — -1,490,000 EXP 11/17/2001 SENTIGEN HOLDING CP ASTD | CASH 333,334 6.0000 2,000,004 Total Equities& Options $33,161,240 $868,354 TOTAL EQUITIES $33,161,240 $868,354 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,991,554 YOUR PRICED PORTFOLIOHOLDINGS $62,284,004 027 0901/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO July 26, 2001 THROUGH ACCOUNT NUMBER August 31,2001 TAXPAYER NUMBER On File LAST STATEMENT v496 July 27, 2001 EFTA00196514

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BEAR STEARNS 5 of6 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION 08/01/01 07/31/01 SOLD 08/03/01 osidsIOT “ORIOZOT SOLE oslt7ior" 08/20/01 08/20/01 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 DESCRIPTION CALL TOO INC SEP 025CBOE EXP 09/22/2001 UNSOLICITED OPEN CONTRACT UNSOLICITED UNSOLICITED AS OF 07/31/01 “CALL TOO INC” "SEP O25 CBOE" EXP 09/22/2001 UNSOLICITED OPEN CONTRACT CALL VECTOR GROUP AUG 030 AMEX EXP O8)18/0001 AE ASSIGNED 00006 EXP 08/18/2001 AVE QTOOHE ASSIGNED 00561 EXP 08/18/2001 2 AE QB Assicnep 00591 EXP 08/18/2001 AE QE Assicnep 00592 VECTOR GROUP LTD SEE NOTE *s" ON BACK AE 6 ASSIGNED 700 ING NE QTOOHE 1000 ASSIGNED SEI | _ ned CALL TOG INC” “ADEG35 CBOE CALE VECTOR GROUP AUG22-50AMEX CALE VECTOR GROUP AUG 030 AMEX SYMBOLICUSIP QTOolE aTadiE ae QUANTITY PRICE -50 1.00000 “437,000 34°S0006 “7,000 0.80000" 30.00000 m8 onan sss auaunenennenangunenen ti) euenenensunenonnenens (11000 -100,000 25.00000 "60000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 accoust numecr [S TAXPAYER NUMBER On File LAST STATEMENT duly 27, 2001 DEBIT AMOUNT CREDIT AMOUNT 4,847.33 F4Si75i 76994'83 17,946.91 2,497,414.1 027 0901/01;10:37 001 v496 EFTA00196515

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 6 of8 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO July 26, 2001 THROUGH August 31,2001 Transaction Detail (continued) ow TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT — July 27, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/22/01 08/20/01 SOLD VECTOR GROUP LTD VGR -73,600 22.50000 1,654,102.30 SEE *<* ON BACK i " 736 ASSIGNED seperate etme epee ennnnnnnge etn EXP 09/22/2001 UNSOLICITED OPEN CONTRACT oasaior™ JOURNAL BOSTO! ES INC JRL FM PER INTXS sess esses angennsceennnnsaneessssanseett ansseessssaneneeennnuunesseeesssesengengnaneneneeennecass esse sas eesnesseee BOSTON PROPERTIES INC BXE “250,000 UNSOLICITED 08/27/01 08/22/01 SOLD BOSTON PROPERTIES INC BxXP "250,000 40.52370 40,115,584.80 UNSOLICITED TOTAL $36,459,808.11 ORB Seer Peggy tte menennennennese mensasraarn, 40°33596 ‘TO Gés 63886 MONEY FUND ACTIVITY MorDAY TRANSACTION DESCAIPTION SYMBOUCUSIP Quanmiry PRICE DEBIT AMOUNT CAEDIT AMOUNT 07/28/01 OPENINGBALANCE 0.00 OsOaIOT BOUGHT RaEYEUS: GASH MANAGEMENT-CC ry a BREVFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES FT 000000°" "T6560 {7:606:60000""” oaiaior™ 860.660" 7Gd60 800:600°00 00 INSTITUTIONAL SHARES zz 027 0901/01;10:37 001 v496 EFTA00196516

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 7 of6 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT = July 27, 2001 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE CESIT AMOUNT CREDIT AMOUNT 0824701 SOLD RERLEVS CASE MADEGEMENT-CL A DICEK “2,000,000 1.0000 2,000,000.00 FD SSSI ESURUO TOOT BEES ES ee ccenn BBB EE BBB BBE BS BOUG INSTHUTIONAL SHARES Bu FD INSTITUTIONAL SHARES SELL a 08/31/01 CLOSINGBALANCE 28,800,000 TOTAL $-33,800,000.00 $5,000,000.00 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CERT AMOUNT CAEDIT AMOUNT 07/30/01 BOSTON PROPEATIES ING BXP 90,413 0.5800 52,439.54 REC 06/29/01 PAY 07/30/01 TOTAL $52,439.54 027 0901/01;10:37 001 v496 FINANCIAL TRUST COMPANY INC accoust numecr [S EFTA00196517

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 8 of6 Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 accoust numecr [S TAXPAYER NUMBER On File SUBSTITUTE PAYMENTS LAST sTATeMENT July 27, 2001 DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT (CREDIT AMOUNT 07/30/01 BOSTON PROPERTIES INC BXP 5,560.46 SUBST PAY ON 9587 SHS REC 06/29/01 PAY 07/30/01 TOTAL $5,560.46 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) OEBIT AMOUNT CAEDIT AMOUNT 08/21/01 INTEREST ONCREDIT BALANCE 3.2500 7,052.58 AT 3 1/4% 07/21 THRU 08/20 TOTAL $7,052.58 MISCELLANEOUS DATE MONDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/24/01 JOURNAL To 1,900,000.00 SGUANAT i =a 4:000,000:00 SAME BESTT CSTE USER ERE RB cnn BT SNE BSB SRST SUR TSB ERE WBE BSNS Gag gen i - nna TOTAL $-29,874,833.61 $21,974,833.61 o27 0901/01;10:37 001 v496 EFTA00196518

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary . : 3 Your Portfolio Holdings . » 4 Transaction Detail .....sssssseeeenens 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 47,180,507 497,904 NET EQUITY THIS PERIOD $47,678,411 NET EQUITY LAST STATEMENT 51,051,668 CHANGE SINCE LAST STATEMENT -3,373,258 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any difference or nomrecaipt 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. STATEMENT PERIOD June 30,2001 July 27, 2001 accor nuvecr TAXPAYER NUMBER On File June 29, 2001 THROUGH FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 LAST STATEMENT Market Value of Your Portfolio $497,904 $280,529 Equities 8,385,947 : $-1,205,440 $51,963,539 : $-1.192,400 || Current market value $288] Last statements market value [[) Short market value Cash & Equivalent This summary s for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information oz? 07/2801 09:42 001 vaa2 EFTA00196519

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/2801 ,09:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00196520

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BEAR STEARNS 3 of 6 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis THIS PERIOD OpeningBalance $280,529.40 Securities Sold 216,490.16 Dividends/Interest 953.56 Amount Credited $217,443.72 Dividends/Interest Charged Amount Debited Net Cash Activity 217,374.26 Cash Balance Summary Cash Margin OPENING CLOSING 0.00 216,490.16 280,529.40 281,413.50 Net Cash Balance $280,529.40 $497,903.66 Income Summary THiS PERIOD YEAR TO DATE Dividends 0.00 680,738.00 Substitute Payment 0.00 69,158.80 Credit Balance Int. 953.56 23,336.14 Foreign Tax Withheld 0.00 Margin Int. Paid -69.46 -48,493.06 Portfolio Composition SHORT LONG Cash/Cash Equivalent 497,904 Equities 1,205,440 48,385,947 Total $1,205,440 $48,883,851 027 07/2801 ,09:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 29, 2001 Your Portfolio Allocation Cash & Equivalent <1% Short Equities 2% — Equities 97% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, v4a2 EFTA00196521

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 497.904 TOTAL CASH & CASH EQUIVALENTS $497,904 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} BOSTON PROPERTIES INC BXP MAGN 100,000 39. 2800 3,928,000 232, 000 5.9063 138, 000" Le 7203 cn GLOBAL Il” CNH MAGN 250,000 TELIGENT ING-CLA TENTO CASH TOO INC TOO CASH {000,000 CALL TOOINC AUG 025CBOE TOOHE EXP 08/18/2001 VECTOR GROUP LTD VGR "NMRGN 534,071 32.0500 17.116.976 54.514 4.9922 GALL VECTOR GROUP AUG22.S0AMEX VGRH22° MAGN "736 9.9000 "728,640 EXP 08/18/2001 CALL VECTOR GROUP AUG O30AMEX VGRH30 MRGN -40 2.9500 -11 800 EXP 08/18/2001 CALL ‘VECTOR GROUP | NOV 030 AMEX “VGRK30 “MAGN -1,000 4.2000 -420,000 (2001 SENTIGEN HOLDING CP ASTD | CASH 333,334 5.7500 1,916,671 Total Equities& Options $47,180,507 $1,224,514 TOTAL EQUITIES $47,180,507 $1,224,514 027 07/2801 ,09:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD June 30,2001 THROUGH ACCOUNT NUMBER July 27, 2001 TAXPAYER NUMBER On File LAST STATEMENT v4a2 June 29, 2001 EFTA00196522

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | FINANCIAL TRUST COMPANY INC 5 of6 STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 account numccr TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAT ararmumet = une 28, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,224,514 YOUR PRICED PORTFOLIOHOLDINGS $47,678,410 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/03/01 07/02/01 SOLD CALL TOOINC AUG 025CBOE QTOOHE -1,000 2.20000 216,490.16 EXP 08/18/2001 UNSOLICITED OPEN CONTRACT svonneceneeacons sr gageputenenrens scene pmmeneecunensucesssneutoneuseneen os eggeazeounacone is seasosentnraagog os soneecenecenensssteneunatoneutessieneutenentenenn 1s eneurtcennntate JOURNAL FRO! PE1TO2 JOURNAL FROM TYPE 1 TO 2 TOTAL $216,490.16 oz? 07/2801 09:42 001 vag EFTA00196523

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) 6 of6 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD June 30,2001 THROUGH July 27, 2001 accoust numecr [S TAXPAYER NUMBER On File INTEREST LAST STATEMENT June 29, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 07/23/01 FROM 06/21 THRU 06/26 @43/4% 4.7500 69.46 BAL 66,901- AVBAL 87.736 AT 3 1/2% 06/21 THRU 06/26 AT 3 1/4% 06/27 THRU 07/20 TOTAL $-69.46 $953.56 {stop ****** End of Statement****** VY oz? 07/2801 09:42 001 vag EFTA00196524

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New Yi New York 10167 BEAR STEARNS ACCOUNT EXECUTIVE ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , . 38 Your Portfolio Holdings . . 4 Transaction Detail vo. 5 Your M@SS2Q@5 iawn 7 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 50,771,139 NET CREDIT BALANCE 280,529 NET EQUITY THIS PERIOD $51,051,668 NET EQUITY LAST STATEMENT 38,154,227 CHANGE SINCE LAST STATEMENT 12,897,442 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Cash & Equivalent Please mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Comp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $280,529 $313,146 $51,963,539 ities au $39,241,081 | | Current market value {288) Last statements market value [[) Short market value ‘This summary 5 for informational purposes only. It is not intended as a tax document, : $-1,400,000 : $1,192,400 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD May 26, 2001 June 29, 2001 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT May 25, 2001 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 etails, please contact your account executive. ‘This statemem should be retained for your records. See reverse side for important information, o27 06/3001-23:28 001 yaar EFTA00196525

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 06/3001-23:28 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00196526

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 3 of? Cash Flow Analysis THIS PERIOD OpeningBalance $313,145.78 Securities Sold 1,159,796.20 Dividends/Interest 214,941.22 Amount Cr ited $1,374,737.42 Securities Bought Dividends/Interest Charged Miscellaneous Amount Debited $-1,407,353.80 Net Cash Activity -32,616.38 ‘Same day transfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions tis period, appear in Transaction Detail. Cash Balance Summary OPENING CLOSING Margin 313,145.78 280,529.40 Net Cash Balance $313,145.78 $280,529.40 Income Summary THiS PERIOD Dividends 214,628.40 Substitute Payment 0.00 Credit Balance Int. 312.82 TORN ersrernessseeemeeneene te MOAN 22 Foreign Tax Withheld -150.00 Margin Int. Paid -1,998.50 Portfolio Composition SHORT Cash/Cash Equivalent Equities 1,192,400 Total $1,192,400 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 accout nuvecr TAXPAYER NUMBER On File YEAR TO DATE 680,738.00 69,158.80 22,382.58 LAST STATEMENT May 25, 2001 $772.279.38 -150.00 -48,423.60 LONG 280,529 51,963,539 veee Your Portfolio $52,244,068 Allocation Cash & Equivatent. <1% Short Equities 2% — Equities 97% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 06/3001-23:28 001 v4a1 EFTA00196527

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 280.529 TOTAL CASH & CASH EQUIVALENTS $280,529 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} BOSTON PROPERTIES INC BXP MAGN 100,000 40.9000 4,090,000 232,000 5.6724 CNH GLOBAL i | CNH CASH 102,000 5.9300 604,860 56,304 9.3086 chu coal CNH MAGN 148,000. 5.9300 877.640 81.696 9.3086 TELIGENT ING-CLA TENTO GASH 60,000 0.1800 10.800 TOO INC TOO CASH 1,000,000 27.4000 27,400,000 it) 22.50; 22 736 9.5000 -699,200 EXP 08/18/2001 CALL VECTOR GROUP AUG O30AMEX VGRH30 MRGN -40 3.3000 -13,200 EXP 08/18/2001 CALL VECTOR GROUP NOVO30AMEX VGRK30 MRGN -1,000 4.8000 -480,000 EXP 11/17/2001 SENTIGEN HOLDING CP ASTD | CASH 333,334 5.7500 1,916,671 Total Equities& Options $50,771,139 $1,224,514 TOTAL EQUITIES $50,771,139 $1,224.514 027 06/3001 ;23:28 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD May 26, 2001 THROUGH ACCOUNT NUMBER June 29, 2001 TAXPAYER NUMBER On File LAST STATEMENT vat May 25, 2001 EFTA00196528

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 Le FINANCIAL TRUST COMPANY INC 5 of? STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 account xumccr = TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT May 25, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,224,514 YOUR PRICED PORTFOLIOHOLDINGS $51,051,668 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 05/29/01 05/23/01 BOUGHT CNH GLOBAL . CNH 3,000 6.42000 19,442.50 UNSOLICITED UNSOLICITED = AS OF 05/23/01 UNSOLICITED UNSOLICITED COR GRO EXP 11/17/2001 UNSOLICITED OPEN CONTRACT 027 06/3001 -23:28 001 v4at EFTA00196529

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | FINANCIAL TRUST COMPANY INC 6 of? STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/05/01 06/04/01 BOUGHT CALL VECTOR GROUP JUN 030 AMEX 92240M9F7 1,000 3.50000 353,502.50 EXP 06/16/2001 UNSOLICITED CLOSING CONTRACT "260,606 Oe TTF JOURNAL —_— ING TO SAME = o6i20i07"" JOURNAL “CALL VECTOR GROUP AUGE3SOAMEX EXP 08/18/2001 AE ASSIGNED 00001 VECTOR GROUP TTD Tel “26,400 32°50000 SEE NOTE ‘s* ON BACK AE 264 ASSIGNED 06/25/01 JOURNAL TOO INC 100 1.000.000 FROM 047-30185 PER LOA TOTAL $-1,405,181.30 $1,159.796.20 $93,317.76 06/22/01 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CAEDIT AMOUNT 05/31/01 CNH GLOBAL . CNH 10,000 0.1000 1,000.00 REC 05/17/01 05/31/01 WH 100.00 AGENCY FEE ,0024 PER FOREIGN TAX WITHHELD 06/29/01 VECTOR GROUP LTD VGR 534,071 0.4000 213,628.40 REC 06/22/01 PAY 06/29/01 TOTAL $-100.00 $214,628.40 o27 06/3001 ;23:28 001 vaat EFTA00196530

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 ot? Transaction Detail (continued) INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE ("eb DEBIT AMOUNT 06/21/01 FROM 05/21 THRU 06/20 @4 3/4% 4.7500 1,998.50 BAL 524,731 AVBAL 488.597 06/21/01 INTEREST ONCREDIT BALANCE 3.5000 AT 3 1/2% 05/21 THRU 06/20 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 25, 2001 (CREDIT AMOUNT 312.82 TOTAL $-1,998.50 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL JOURNAL FROM TYPE 2701 688,920.70 68892070" ne" JOURNAL JOURNAL FROM TYPE 267°" AGENCY PROCESSING FEE CNH GLOBAL 50.00 5 31 ADDITL 5% FGN TAX SHOULD BE 15% TOTAL WITH TOTAL $-688,994.70 $688,920.70 Your messages | 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, 027 06/3001 23:28 001 $312.82 v4a1 EFTA00196531

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 BEAR STEARNS FINANCIAL TRUST COMPANY INC ACCOUNT EXECUTIVE —ZICHERMAN, IRA STATEMENT PERIOO April 28,2001 TELEPHONE THROUGH May 25, 2001 VISIT OUR WEBSITE www.bearstearns.com : . account xumccr = What’s In This Statement Wasalbssbealslsssahil TAXPAYER NUMBER On File Financial Summary , ‘ Your Portfolio Holdings . : Transaction Detail ......s.sessesseresseeerees Trades Not Yet Settled ,.sssssssserensessers NOP Ww Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD* 37,841,081 NET CREDIT BALANCE 313,146 NET EQUITY THIS PERIOD $38,154,227 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio Cash & Equivalent pis: 46 $-3,396,898 $44,655,685 : $-2.946,420 : $-1,400,000 HM current market value LAST STATEMENT April 27,2001 Important Message In an effort to deliver Statements to you more efficiently, Bear Stearns has enhanced the distribution of statements to household accounts. Beginning in June, all statements with the same NET EQUITY LAST STATEMENT 38,312,367 {EBB Last statement's market value Address and Social Security CO sn rket val number / Taxpayer CHANGE SINCE LAST STATEMENT 158,140 ork market value identification number will “This porticlio includes one or mom unericed securties that are not reflected in the Total Value of Securties and the Net Equity This Period be mailed in a single envelope. For further details, please contact your account executive. 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 of stocks, indicated as delivered to you, ‘Ths summary 5 for informational purposes only. It Is mot intended as a tax document, % Client Senices at 800-634-1428; of write to Clent Services at Bear, Steams Securities Ths statemem should be retamed for your records. See reverse side for important information. Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, 027 08/26101;10:08 001 va78 EFTA00196532

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 08/26/01 ;10:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC va7e8 EFTA00196533

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 3 of? Cash Flow Analysis THIS PERIOD Balance Openi: Securities Sold Dividends/Interest Amount Cr ited $4,330,351.64 -610,844.82 -9.462.84 Securities Bought Dividends/Interest Charged Amount Debited $620,307.66 Net Cash Activity 3,710,043.98 Same day tansiers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detat Cash Balance Summary OPENING CLOSING Margin -3,396,898.20 313,145.78 Net Cash Balance $313,145.78 $-3,396,898.20 Income Summary THiS PERIOD YEAR TO DATE Dividends 265,000.00 466,109.60 Substitute Payment 0.00 69,158.80 Credit Balance Int. 0.00 22,069.76 Total... sorecmnoenr nto oT OO ca Margin int. Paid -9,462.84 -46,425.10 Portfolio Composition SHORT LONG Cash/Cash Equivalent 313,146 Equities 1,400,000 39,241,081 Total $1,400,000 $39,554,227 027 08/26/01 ;10:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 27,2001 Your Portfolio Allocation Cash & Equivalent— <1% Short Equities—, 3% = es Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, va7e8 EFTA00196534

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 313.146 TOTAL CASH & CASH EQUIVALENTS $313,146 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} BOSTON PROPERTIES INC BXP MAGN 500, 000 40. 4200 20,210, 000 | 1,160,000 5.7397 647, 660° 51,888 8.01 16 cnH clos: CNH MAGN TELIGENT ING-CLA TGNQE CASH VECTOR GROUP LTD VGR MRGN 560, art 32. 7400 “Te. 349,821 896,754 4.8870 CALL VECTOR GROUP JUNO3OAMEX = VGRF30 MRGN "4,000 3.7000 -370,000 EXP 06/16/2001 GALL VECTOR GROUP AUG22'S0AMEX VGRH22 MAGN “000 10.1000 "1,070,000 EXP 08/18/2001 GALL VECTOR GROUP AUG O30AMEX VGRH30 MAGN “40 5.0000 “20,000 EXP 08/18/2001 SENTIGEN HOLDING CP RSTD | CASH 333,334 Unpriced Total Equities& Options $37,841,081 $2,108,642 TOTAL EQUITIES $37,841,081 $2,108,642 33.600 YOUR TOTAL ESTIMATED ANNUAL INCOME $2,108,642 YOUR PRICED PORTFOLIOHOLDINGS $38,154,226 027 08/26/01 ;10:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO April 28,2001 THROUGH ACCOUNT NUMBER May 25, 2001 TAXPAYER NUMBER On File LAST STATEMENT va7e April 27,2001 EFTA00196535

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | FINANCIAL TRUST COMPANY INC 5 of? , STATEMENT PERIOO April 26,2001 THROUGH May 25, 2001 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT — April 27, 2001 Transaction Detail SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/30/01 04/25/01 SOLD CHILDRENS PLACE RETAIL STORES PLCE -10,000 22.68000 226,189.94 UNSOLICITED Inc UNSOLICITED AVG PRICE: DETAILS ON REQUEST OSOTOT O4BEOT SOLE CHILDRENS BLACE RETAIL” STORES INC UNSOLICITED AVG PRICE: DETAILS ON REQUEST OSOTOT O4B7IOT SOLD VECTOR GAGUP TTS ie “560 30:60006 S847 46 SEE, *S* ON BACK AE 5 ASSIGNED ONT TOT OSIOROT BOUGHT ChHGIOnT ChH is;000°7"""" 580000 58,602'50" UNSOLICITED EXP 08/18/2001 OPEN CONTRACT AS OF 05/11/01 GROUP UN O30 AMEX | EXP 06/16/2001 UNSOLICITED CLOSING CONTRACT VECTOR GROUP LTD VGR 500 20.00000 9947.16 SEE, *S* ON BACK AE 5 ASSIGNED AIO Si yO1/01 AS OF 04/27/01 TO CXL PREVIOUS SELL 04/27/07 SOLE VECTOR GAGUP TTS ie “560 30.60006 9984.66 SEE, *S* ON BACK AE 5 ASSIGNED ORI VD 05/01/01 AS OF 04/27/01 37,300 33°65736 616,883.17 05/ 17,4 305,0: anne or 05/15/01 osrisior” 027 08/26/01 ;10:08 001 va7e EFTA00196536

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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 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 Le FINANCIAL TRUST COMPANY INC 6 of? STATEMENT PERIOO April 26,2001 THROUGH May 25, 2001 Transaction Detail (continued) account xumccr = TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 05/16/01 04/27/01 CANCEL SELL VECTOR GROUP LTD VGR 500 20.00000 9,984.66 SEE *S* ON BACK AE 5 ASSIGNED ORI VD 05/01/01 A/O S/D 05/15/01 AS OF 04/27/01 TO CXL PREVIOUS SELL SEE, *S* ON BACK AE 5 ASSIGNED ORIGINAL S/D 05/01/01 1 UNSOLICITED SEE NOTE "S*' ON BACK q 1 WRREEE ssicnco 01607 1086 ASSIGNED UNSOLICITED TOTAL $-610,844.82 $4,065,351.64 DIVIDENDS DATE DESCRIPTION SYMBOUUSIF QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 04/30/01 BOSTON PROPERTIES INC BXP 500,000 0.5300 265,000.00 REC 03/30/01 PAY 04/30/01 TOTAL $265,000.00 027 06/26/01;10:08 001 va7e EFTA00196537

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 FINANCIAL TRUST COMPANY INC 7 of? STATEMENT PERIOO April 26,2001 THROUGH May 25, 2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER On File INTEREST LAST STATEMENT — April 27, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 05/21/01 FROM 05/15 THRU 05/20 @4 3/4% 4.7500 1,065.38 BAL 1314,290 AVBAL 1345.743 05/21/01 FROM 04/21 THRU 05/14 @51 5.2500 8,397.46 BAL 1768,041 AVBAL 2399.273 TOTAL $-9,462.84 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL JOURNAL FROM TYPE 110 2 265,000.00 05/16/01 JOURNAL JOURNAL FROM TYPE 1102 TOTAL $-265,000.00 $265,000.00 Trades Executed Pending Settlement SETTLEMENT TRADE OATE DATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 05/29/01 05/23/01 BOUGHT CNH GLOBAL . CNH 3,000.00 6.4200 19,442.50 08/29/01 05/23/01 CNH GLOBAL a CNH 3,000.00 6.4753 19,605.90 05/31/01 05/25/01 BOUGH CNH GLOBAL il 323.709. 70 TOTAL $1,051,678.80 $0.00 The above trades do not appear in any other section of this statement 027 05/26/01;10:08 001 v4a78 EFTA00196538

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE What’s In This Statement www.bearstearns.com Financial Summary , : Your Portfolio Holdings . . Transaction Detail ......ssessesseresseeerees Trades Not Yet Settled .sssssssssesesnee our Ww Your Portfolio at a Glance 41,709,265 Cash & Equivalent -3,396,898 TOTAL VALUE OF SECURITIES THIS PERIOD NET DEBIT BALANCE NET EQUITY THIS PERIOD $38,312,367 NET EQUITY LAST STATEMENT 31,254,039 CHANGE SINCE LAST STATEMENT 7,058,328 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 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD March 31,2001 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER On File FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 LAST STATEMENT Market Value of Your Portfolio $-3,396,898 $-3,283,402 Equities $44,655,685 -: $-2.946,420 ausenenee $34,889,731 : $-352,290 HM current market value GB] Last statements market value (1s Short market value This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information. 02? 04/28/01;17:05 001 April 27,2001 March 30,2001 vant EFTA00196539

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC 2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/28/01 ;17:05 001 vant EFTA00196540

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of 6 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $-3,283,401.83 Securities Sold 316,486.83 Amount Credited $316,486.83 Securities Bought -413,502.50 Dividends/Interest Charged -16,480.70 Amount Debited $-429,983.20 Net Cash Activity -113,496.37 Cash Balance Summary OPENING CLOSING Margin -3,283,401.83 -3,396,898.20 Net Cash Balance $-3,283,401.83 $-3.396.898.20 New York, New York 10167 Income Summary THiS PERIOD YEAR TO DATE Dividends 0.00 201,109.60 Substitute Payment 0.00 69,158.80 Credit Balance Int. 0.00 22,069.76 Total $0.00 Margin Int. Paid -16,480.70 -36,962.26 Portfolio Composition SHORT LONG Cash/Cash Equivalent 3,396,898 Equities 2,946,420 44,655,685 Total $6.343,.318 $44,655,685 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOG March 31,2001 THROUGH April 27,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 30, 2001 Your Portfolio Allocation Short Cash & Equivalent— 6% Short Equities. 5% — Equities 89% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 04/28/01 ;17:05 001 vant EFTA00196541

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NANAKET ESTIMATED DESCRIPTION SYMBOLCUSP QUANTITY PRKE VALUE _ ANNUAL INCOME CASH BALANCE -3.396.898 TOTAL CASH & CASH EQUIVALENTS $-3,396,898 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (X) BOSTON PROPERTIES INC BxP MRGN 500,000 39.1800 19,590,000 1,060,000 5.4109 CHILDRENS PLACE RETAIL STORES PLCE MAGN 23.1500 1,389,000 INC sername amt mutans seems amnmmmmnn mmm VECTOR GROUP LTD VGR MRGN 675,671 35.0000 23,648,485 Shit URGE GROUG AN CBOE EXP 05/19/2001 CALL VECTOR GROUP AUG22.50AMEX VGRH22 MRGN -1,000 13.5000 1,350,000 EXP 08/18/2001 Total Equities& Options $41,709,265 $2,141,074 TOTAL EQUITIES $41,709,265 $2,141,074 YOUR TOTAL ESTIMATED ANNUAL INCOME $2,141,074 YOUR PRICED PORTFOLIOHOLDINGS $38,312,366 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 30, 2001 a2? 04/28/01 ;:17:05 001 vant EFTA00196542

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | FINANCIAL TRUST COMPANY INC 5 of6 STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail ACCOUNT NUMBER TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT = March 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/11/01 JOURNAL BOSTON PROPERTIES INC BXP -500,000 JOURNAL FROM TYPE 1 TO 2 oaitior JOURNAL CHILDRENS BLACE RETAIL” STORES BLOE "60,600 INC JOURNAL FROM TYPE 1 TO 2 JouRNACT BOSTON PROPERTIES ING ™ BxP 500,000 JOURNAL FROM TYPE 1 TO 2 + enenennnnennn eg ennennne osm eg ppgrnnnnnennnne os ngapenennnnsesenenennnenetexcenennenennnntsnennnntnnnnnieienennnntnnnnesivemnennnnnnnet INC JOURNAL FROM TYPE 1 TO 2 EXP 08/18/2001 UNSOLICITED OPEN CONTRACT EXP 04/21/2001 UNSOLICITED CLOSING CONTRACT JOURNAL CALL VECTOR GROUP MAY 020 AMEX EXP OS) 1a AE ASSIGNED 00002 TOTAL $-413,502.50 $316,486.83 I EERE. EERRRE TESeE INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 04/23/01 FROM 04/18 THRU 04/20 @5 1/4% 5.2500 1,478.93 BAL 3380,417 AVBAL 3380,417 04/23/01 FROM 03/21 THRU 04/17 @5 3 BAL 3380,417 AVBAL 3354.433 TOTAL $-16,480.70 5.7500 15,001.77 O27 04/28/01 ;:17:05 001 vant EFTA00196543

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | FINANCIAL TRUST COMPANY INC 6 of6 STATEMENT PERK March 31,2001 THROUGH April 27,2001 . account xumccr = Trades Executed Pending Settlement TAXPAYER NUMBER On File LAST STATEMENT March 30, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/30/01 04/25/01 HILI AIL Lt 10,000.00 22.6800 226,189.94 INC 04/30/01 , SOLD CHILDRENS PLACE RETAIL STORES PLCE -22,700.00 22.6112 511,895.13 INC TOTAL $0.00 $1.364,915.40 The above trades do not appear in any other section of this stalsment (stor **e*** End of Statement™***** VY a2? 04/28/01 ;:17:05 001 vant EFTA00196544

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . Transaction Detail ........ssssesseseerrees Your Me@SSage@S sissies OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New Yi New York 10167 NO fF Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD +9 34,537,441 -3,283,402 $31,254,039 NET DEBIT BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT Cash & Equivalent 31,778,424 524,385 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference or nce-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $-3,283,.402 $-4,270,779 $34,889,731 $36,644,933 : $-595,730 HM current market value EG] Last statements market value [1 Short market value 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 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 accouvt nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT February 23,2001 Important Notice Decimal Trading is Here for Nasdaq! Decimal Trading is the shift from fractional pricing {e.9.21 1/2) to decimal pricing (e.9.$21.50)for 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 wwew.bearstearns. com. ‘This statemem should be retained for your records. See reverse side for important information, a2? 0/31/01;17:01 001 V466 EFTA00196545

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC 2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/31/01 ;17:01 001 v466 EFTA00196546

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of? 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $-4,270,779.33 Securities Sold 800,593.16 Dividends/Interest 201,109.60 Miscellaneous 1,069,158.80 Amount Credited $2,070,861.56 Securities Bought -63,002.50 Dividends/Interest Charged -20.481.56 Miscellaneous -1,000,.000.00 Amount Debited Net Cash Activity 987,377.50 Same day ransiers of cash between account types are not included in this section; such transfers, as well ss details for all other transactions this period, appear in Transaction Detail, Cash Balance Summary OPENING CLOSING Margin -4.270,779.33 -3,283,401.83 Net Cash Balance $-4,270,779.33 $-3,283,401.83 New York, New York 10167 Income Summary THiS PERIOD YEAR TO DATE Dividends 201,109.60 201,109.60 Substitute Payment 69,158.80 69,158.80 Credit Balance Int. 0.00 22,069.76 Total $270,268.40 $292,338.16 Margin Int. Paid -20,481.56 20,481.56 Portfolio Composition SHORT LONG Cash/Cash Equivalent 3,283,402 Equities 352,290 34,889,731 Total $3,635,692 $34,889.731 a2? CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT February 23,2001 Your Portfolio Allocation Short Cash & Equivalent— 8% Short Equities. <1% _ Equities 91% Unehaded portions denote debt balance andior short market values. The alocation percentage is derived from the absohte market value of your portloio, 04/31/01;17:01 001 v466 EFTA00196547

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS WAARKET ESTIMATED DESCRIPTION SYMBOLICUSP: QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE -3.283.402 TOTAL CASH & CASH EQUIVALENTS $-3.283,402 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIETION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BOSTON PROPEATIES INC BXP CASH 500,000 38.4500 19,225,000 1,060,000 5.5137 CHILDRENS PLACE RETAIL STORES PLCE 24.0000 1,440,000 INC VECTOR GROUP LTD VGR MRGN 675,671 21.0000 14,189,091 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD February 24,2001 March 30,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 February 23.2001 THROUGH LAST STATEMENT CALL VECTOR GROUP APR O20AMEX VGRD20 MRGN 1,000 1.4500 -145,000 EXP 04/21/2001 CALL VECTOR GROUP MAY O20AMEX VGRE20 MRGN 1,091 1.9000 -207,290 EXP 05/19/2001 Total Equities& Options $34,537,441 $2,141,074 TOTAL EQUITIES $34,537,441 $2,141,074 YOUR TOTAL ESTIMATED ANNUAL INCOME $2,141,074 YOUR PRICED PORTFOLIOHOLDINGS $31,254,039 a2? 04/31/01;17:01 001 Va66 EFTA00196548

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | FINANCIAL TRUST COMPANY INC 5 of? STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail account wucce | TAXPAYER NUMBER 660-56-7418 INVESTMENT ACTIVITY LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/14/01 03/13/01 SOLD CALL VECTOR GROUP APR 020 AMEX -1,000 1.05000 101,494.00 EXP 04/21/2001 UNSOLICITED OPEN CONTRACT EXP 03/17/2001 UNSOLICITED CLOSING CONTRACT SRS RE OE ES EXP 03/17/2001 AE ae ASSIGNED 00274 03/21/01 0: 1 SOLD VECTOR GROUP LTD VGR -35,000 20.00000 699,099.16 AE 350 ASSIGNED TOTAL $-63,002.50 $800,593.16 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 03/28/01 VECTOR GROUP LTD VGR 502,774 0.4000 201,109.60 REC 03/21/01 PAY 03/28/01 TOTAL $201,109.60 SUBSTITUTE PAYMENTS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) OEBIT AMOUNT CREDIT AMOUNT 03/28/01 VECTOR GROUP LTD VGR 69,158.80 REE DEIA Np ae TOTAL $69,158.80 O27 00/31/01 ;17:01 001 V466 EFTA00196549

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BEAR STEARNS 6 of? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account numecr (S TAXPAYER NUMBER 660-56-7418 INTEREST LAST STATEMENT —- February 23, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 03/21/01 FROM 03/20 THRU 03/20 @5 3/4% 5.7500 675.99 BAL 4232,287 AVBAL 4232287 03/21/01 FROM 02/21 THRU 03/19 @6 1 6.2500 19,805.57 BAL 4232,287 _AVBAL 4225.188 TOTAL $-20,481.56 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREOIT AMOUNT JOURNAL JOURNAL FROM TYPE 110 2 1,000,000.00 “7'600,000.00 $-2,000,000.00 $2,000,000.00 O27 00/31/01 ;17:01 001 v466 EFTA00196550

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 Tor 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, ****** End of Statement****** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT February 23,2001 0€/31/01;17:01 001 Vee6 EFTA00196551

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OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE What’s In This Statement www.bearstearns.com Financial Summary , : Your Portfolio Holdings . . Transaction Detail ......sssesssesseresseeerees Your M@SSAQGES sis ssssssssrenecssnssssnsvaneseensens our Ww Your Portfolio at a Glance 36,049,203 ~4,270,779 TOTAL VALUE OF SECURITIES THIS PERIOD NET DEBIT BALANCE $31,778,424 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 15,059,764 CHANGE SINCE LAST STATEMENT 16,718,660 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomrecaipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y 11201-3859. Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $-4,270,779 $160,421 Equities $36,644,933 : $-595,730 $15,016,583 : $-117,240 | | Current market value EBB] Last statements market value (Short market value Cash & Equivalent This summary s for informational purposes only. It Is mot intended as a tax document o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO January 27,2001 February 23,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 January 26, 2001 THROUGH LAST STATEMENT ‘This statemem should be retained for your records. See reverse side for important information. 02/24/01;20:42 001 EFTA00196552

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2 of8 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 FINANCIAL TRUST COMPANY INC 02/24/01;20:42 001 EFTA00196553

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of8 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $160,421.16 Securities Sold 1,195,456.89 Funds Deposited 14,504,392.82 Dividends/Interest 14,792.30 Amount Credited $15,714,642.01 Securities Bought -195,842.50 Funds Withdrawn -19,950,000.00 Amount Debited $-20,145,842.50 -4,431,200.49 Net Cash Activity ‘Same day transfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions tis period, appear in Transaction Detail. New York, New York 10167 Cash Balance Summary OPENING CLOSING Cash 160,421.16 0.00 Margin 0.00 -4,270,779.33 Net Cash Balance $160,421.16 $-4,270,779.33 Income Summary TS Pe _YEAR TO DATE Credit Balance Int. 14,792.30 22,069.76 Total venevese $14,792.30 ($22,069.76 Portfolio Composition SHORT LONG Cash/Cash Equivalent 4,270,779 Equities 595,730 36,644,933 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT January 26, 2001 Your Portfolio Allocation Short Cash & Equivalent—, 10% ‘ Short Equities— 1% \— Equities 89% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 02/24/01,20:42 001 EFTA00196554

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of8 Your Portfolio Holdings CASH & CASH EQUIVALENTS WAARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE -4.270.779 TOTAL CASH & CASH EQUIVALENTS $-4.270.779 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIE VALUE ANNUAL INCOME YELD (X) BOSTON PROPERTIES INC BXP CASH 500,000 40.2000 20,100,000 1,060,000 5.2736 CHILDRENS PLACE RETAIL STORES PLCE CASH 60,000 21.1250 1,267,500 IN TELIGENT INC-CL A TGNT CASH 60,000 1.6250 97,500 VECTOR GROUP LTD VGR MRGN 710,671 21.3600 15.179,933 1,137,074 7.4906 CALL VECTOR GROUP MAR O20AMEX VGRC20 MRGN -1,350 2.1500 -290,250 EXP 03/17/2001 CALL VECTOR GROUP MAY O20AMEX VGRE20 MRGN -1,091 2.8000 -305,480 EXP 05/19/2001 Total Equities& Options $36,049,203 $2,197,074 TOTAL EQUITIES $36,049,203 $2,197,074 YOUR TOTAL ESTIMATED ANNUAL INCOME $2,197,074 YOUR PRICED PORTFOLIOHOLDINGS $31,778.423 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT January 26, 2001 02/24/01,20:42 001 EFTA00196555

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of6 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION 01/29/01 01/26/01 SOLD CALL VECTOR GROUP MAR O20 AMEX EXP 03/17/2001 CUSIP NUMBER TO FOLLOW, UNSOLICITED OPEN CONTRACT CLA 0015 OTSCT OTST SOLE ASIA GLOBAL CROSSING TS CLA UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 8.345800 DIFFERENCE 0,060000 ssaenennenenenyigmtgnrnenennese nent eng aesoennnnenanntnes ee ognnnnnns senate CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT January 26, 2001 DEBIT AMOUNT CREDIT AMOUNT 34,397.81 {24,280:35 EXP 03/17/2001 UNSOLICITED OPEN CONTRACT CLA UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE § 9.112500 DIFFERENCE - 0.060000 ASIA GLOBAL CROSSING TS CLA 0015 orator” jot OT 28i6 AS GLOBAL CROSSING LTD L UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 8.760400 DIFFERENCE - 0,060000 522,004.08 02/24/01;20:42 001 EFTA00196556

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | FINANCIAL TRUST COMPANY INC 6 of8 . STATEMENT PERIOO January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) aocot nce TAXPAYER NUMBER 660-56-7418 INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/12/01 02/09/01 BOUGHT CALL VECTOR GROUP FEB 019AMEX 1,020 1.80000 195,842.50 ADJ 5% STOCK DIVIDEND EXP 02/17/2001 UNSOLICITED CLOSING CONTRACT SSABGT TO SES ee TT ERO GROUP MAY OSU AE” EXP 05/19/2001 UNSOLICITED OPEN CONTRACT ORS TI04 RECEIVED BOSTON PROPERTIES INC DWAC Oster” JOURNAL VECTOR GAGUP TTS ie Fi0673 JOURNAL FROM TYPE 1 TO 2 TT eT TT a a Cc me EXP 03/17/2001 JOURNAL FROM TYPE 2 TO 1 CALE VECTOR GROUP WAY O26 AMEX EXP 05/19/2001 JOURNAL FROM TYPE 2TO 1 o22tio1 JOURNAL VECTOR GROUP LID JOURNAL FROM TYPE 1 TO 2 JOURNAL EXP 03/17/2001 JOURNAL FROM TYPE 2 TO 1 EXP 05/19/2001 JOURNAL FROM TYPE 2 TO 1 ORS TI04 02/21) TOTAL $-195.842.50 $1,195,456.89 027 02/24/01;20:42 001 EFTA00196557

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 of6 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 02/05/01 FUNDS REC ean FROM 4,392.82 OCITIBANK FROM 14°500,000.60 FUNDS REC (PUT DIFF, ON MARGIN} TOTAL $-19.950.000.00 $14,504,392.82 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) 02/21/01 INTEREST ONCREDIT BALANCE 5.5000 ATS 01/21 THRU 01/30 CERT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account numecr (S TAXPAYER NUMBER 660-56-7418 LAST STATEMENT January 26, 2001 CAEDIT AMOUNT 1,427.38 AT 5.000% 01/31 THRU 02/20 TOTAL $14,792.30 MISCELLANEOUS DEBIT AMOUNT CREDIT AMOUNT 4,285,571.63 TRANSACTION DESCRIPTION JOURNAL JOURNAL FROM TYPE 2T0 1 JOURNAL JOURNAL FROM TYPE 110 2 14,792.30 02/22/01 02/24/01,20:42 001 EFTA00196558

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 8 of6 Transaction Detail (continued) MISCELLANEOUS (continued) OATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/22/01 JOURNAL JOURNAL FROM TYPE 1102 14,792.30 TOTAL $-4,300,363.93 $4,300.363.93 Your messages 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, f-™ stop] **e*** End of Statement™***** V/ —_ CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO January 27,2001 THROUGH February 23,2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT January 26, 2001 02/24/01,20:42 001 EFTA00196559

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS _— 10167 ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , ‘ Your Portfolio Holdings . : Transaction Detail ......ssessseseresseeerees Trades Not Yet Settled ,.ssssssssserensessers oun Ww Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 14,899,343 Cash & Equivalent NET CREDIT BALANCE 160,421 NET EQUITY THIS PERIOD $15,059,764 NET EQUITY LAST STATEMENT 12,972,111 CHANGE SINCE LAST STATEMENT 2,087,653 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp, One Metrolech Center North, Brooklyn, N.Y. 11201-3859, FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR * 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio $160,421 $402,990 | | Current market value $28] Last statements market value [[) Short market value 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 COMPANY INC STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT December 29, 2000 Important Message Decimal Trading is Coming! Decimal Trading is the shift from fractional pricing $15,016,583 : $-117,240 —(@.9.,.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. ‘This statemem should be retained for your records. See reverse side for important information, 0127/01;13:44 001 EFTA00196560

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2 of? 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 FINANCIAL TRUST COMPANY INC 0127/01;13:44 001 EFTA00196561

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of? 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $402,989.85 Securities Sold 87,653.22 Funds Deposited 44,707,021.63 Dividends/Interest 7.27746 Amount Credited $44,801.952.31 Miscellaneous -45,044,521.00 Amount Debited _casons isis ae Net Cash Activity -242,568.69 New York, New York 10167 Cash Balance Summary OPENING CLOSING Cash 402,989.85 160,421.16 Net Cash Balance $402,989.85 $160,421.16 Income Summary THIS PERIOD YEAR TO DATE Credit Balance Int. 7,277.46 7,277.46 Total $7,277.46 $7,277.46 Portfolio Composition SHORT LONG Cash/Cash Equivalent 160,421 Equities 117,240 15,016,583 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOG December 30,2000 THROUGH January 26, 2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 LAST STATEMENT December 29, 2000 Your Portfolio Allocation Cash & Equivalent— 1% Short Equities— <1% Equities 98% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 01/27/01,13:44 001 EFTA00196562

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED DESCRIPTION SYMBOLCUSP QUANTITY PRICE VALUE __ ANNUAL INCOME CASH BALANCE 160.421 TOTAL CASH & CASH EQUIVALENTS $160,421 EQUITIES Equities & Options ADCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CHILDRENS PLACE RETAIL STORES PLCE CASH 60,000 20.7500 1,245,000 INC TELIGENT INC-CL A TGNT CASH 60,000 3.0000 180,000 VECTOR GROUP LTD VGA CASH 710,671 19.1250 13,591,583 1,137,074 8.3660 CALL VECTOR GROUP FEB 019AMEX GVXB19 CASH -1,020 1.0620 -113,740 ADJ 5% STOCK DIVIDEND EXP 02/17/2001 CALL VECTOR GROUP MAY O20AMEX \VGRE20 CASH -20 1.7500 -3,500 EXP 05/19/2001 Total Equities& Options $14,899,343 $1,137,074 TOTAL EQUITIES $14,899,343 $1,137,074 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,137,074 YOUR PRICED PORTFOLIOHOLDINGS $15,059,764 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOG December 30,2000 January 26, 2001 accout nuvecr TAXPAYER NUMBER 660-56-7418 THROUGH LAST STATEMENT December 29, 2000 01/27/01,13:44 001 EFTA00196563

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 5 of? Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY CALL VECTOR GROUP MAY O20AMEX 01/16/01 01/12/01 SOLD CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 account numecr (S TAXPAYER NUMBER 660-56-7418 LAST STATEMENT December 29, 2000 PRICE DEBIT AMOUNT CREDIT AMOUNT 1.37500 2,677.40 EXP 05/19/2001 UNSOLICITED CUSIP NUMBER TO FOLLOW, OPEN CONTRACT ADJ 5% STOCK DIVIDEND EXP 02/17/2001 UNSOLICITED OPEN CONTRACT 01/23/01 0 SOLD CALL VECTOR GROUP FEB 019AMEX OGVXB19 -1,000 0.81500 ADJ 5% STOCK DIVIDEND EXP 02/17/2001 UNSOLICITED OPEN CONTRACT TOTAL $87,653.22 DEPOSITS AND WITHDRAWALS OATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 01/11/01 FUNDS REC ENDS WIRED TO CITIBANK FROM 25,000,000.00 01/23/01 FUNDS REC ENDS WIRED TO CITIBANK FROM 16,179,260.72 TOTAL $44,707,021.63 027 01/27/01;13:44 001 EFTA00196564

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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 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 FINANCIAL TRUST COMPANY INC 6 of? STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER 660-56-7418 INTEREST LAST STATEMENT December 29, 2000 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CERT AMOUNT CAEDIT AMOUNT 01/22/01 INTEREST ONCREDIT BALANCE 6.0000 335.82 AT 6,000% 12/29 THRU 01/02 01/22/01 INTEREST ONCREDIT BALANCE * 12/21 THRU 12/28 455.67 01/22/01 INTEREST ONCREDIT BALANCE 5.5000 6,485.97 AT 5 1/2% 01/03 THRU 01/20 TOTAL $7,277.46 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL TO 25,044,521.00 01/23/01 JOURNAL 10 i 20,000,000.00 TOTAL $-45,044,521.00 Trades Executed Pending Settlement SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/29/01 01/26/01 SOLD CALL VECTOR GROUP MAR 020 AMEX -350.00 10179 01/30/01 01/25/01 SOLD ASIA GLOBAL CROSSING LTD AGCX -15,000.00 8 2858 124,280.35 CLA 027 01/27/01;13:44 001 EFTA00196565

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | FINANCIAL TRUST COMPANY INC 7 ot? STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 . account xumccr = Trades Executed Pending Settlement (continued) TAXPAYER NUMBER 60-56-7418 LAST STATEMENT December 29, 2000 SETTLEMENT TRADE DATE OaTE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/31/01 01/26/01 SOLD ASIA GLOBAL CROSSING LTD AGCX -25,000.00 9 0525 226,302.45 CLA TOTAL $0.00 $384,980.61 The above trades do not appear in any other section of this statement / (stor ****** End of Statement*™***** VY 27 01/27/01-13:44 001 EFTA00196566