Statements EFTA00197034

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York, New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING INVESTMENT PROFESSIONAL ZICHERIMAN,IRA STATEMENT PERIOD June 30,2007 TecerHone =| THROUGH July 31, 2007 VISIT OUR WEBSITE www.bearstearns.com account uncer What’s In This Statement Wave DessdesEsMessselalasellelbslellahl TAXPAYER NUMBER On File LAST STATEMENT June 29, 2007 Financial Summary 3 FINANCIAL TRUST COMPANY INC Your Portfolio Holdings 4 C/O AMERICAN YACHT HARBOR Transaction Detail .......ctesseeeeeeees 6 6100 RED HOOK SUTE B-3 Fund Activity ,.ssssssssssssssesesssssnaee 7 QUAETERS #2 Your Messages sees on cee as en cee es ens eees ces eeesceses 9 ST THOMAS VI 00802-1348 Your Portfolio at a Glance Market Value of Your Portfolio $12,552,872 TOTAL VALUE OF SECURINES THIS PERIOD 78,153,540 “ssh & Equivalent 2s $7407439 $81,581,379 NET EQUITY THIS PERIOD $90,706,412 seense eeseecees snceasecssconses coccenees sonssousseasces ceceeceos coeesnecsssenseecsescoece® HM current market value NET EQUITY LAST STATEMENT 77,359,175 BEBE Last statements market value () Short market value CHANGE SINCE LAST STATEMENT 13,347,237 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Please report any difference or non-receipt of checks of stocks, indicated as delivered to you, Siec This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-424-1428; or write to Clan! Services at Bear, Steams Securities This statement should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brookiym. N.Y. 11201-3869. 027 06/01/07,07:19 001 wos EFTA00197035

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2 of9 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 08/01/07,07:19 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197036

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS 3 of9 Cash Flow Analysis THIS PERIOD OpeningBalance Securities Sold 1,289,086.17 Money Fund 7,587 ,964.31 Funds Deposited 5,124,265.26 Dividends/Interest 41,600.00 Miscellaneous 10,457,933.00 Amount Credited $24,500,848.74 Securities Bought -125,700.00 Money Fund -16,934,242.93 Dividends/Interest Charged -33,467.28 Amount Debited Net Cash Activity 7,407 ,438.53 Closing Balance $0.00 oo Same day transfers of cath between account types are mot 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 -7,407 438.53 0.00 Net Cash Balance $-7,407,438.53 027 Income Summary THS PERIOD YEAR TO DATE Dividends 62,958.50 834,823.38 Credit Balance Int. 0.00 44.54 $62,958.50 Margin Int. Paid -33,467.28 -40,905.81 Portfolio Composition Cash/Cash Equivalent 12,552,872 Equities 78,153,540 Total $90,706,412 08/01/0707:19 001 wis 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 30,2007 July 31, 2007 accout nuvecr TAXPAYER NUMBER On File June 29, 2007 THROUGH LAST STATEMENT Your Portfolio Allocation Cash &Equivalent 5, 14% \Equities 86% Unshaded portions denote debt balance andicr short market values. The allocation percentage is derived from the absokte market value of your portiailo. EFTA00197037

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING aos STATEMENT PERIOD June 30, 2007 THROUGH duly 31, 2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT June 29, 2007 CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 12,552,871.62 1.0000 12,552,872 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,2100% TOTAL CASH & CASH EQUIVALENTS $12,552,872 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight: MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www. bearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them, AoCT MARKET ESTIMATED = ESTIMATED DESCRIPTION SYMBOUCUSIP TRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%} APPLE INC AAPL CASH 220,000 131.7600 28,987,200 BSC RATING: STOCK O/SECTOR MW eons ALTERNATIVE VIEWPOINT BEA STEARNS COMPANIES | ING BSC CASH 130,000 ids -2200 15,758,600 166,400 1.0559 BOMBAROIER INc-oL 8 sue: vig BDABF CASH 20,000 6. 061 0 121,220 CHOICEPOINT INC ces. CASH 100,000 "38. 7400 3,874,000 027 08'01/07,07:19 001 wis EFTA00197038

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 5 of9 Your Portfolio Holdings (continued) Equities & Options (continued) AcCT NANRKET ESTIMATED ESTIMATED DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} COLGATE PALMOLIVE CO cL CASH 56,200 66.0000 3,709,200 80,928 2.1818 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B 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, 2007 July 31, 2007 accoumt nuvecr TAXPAYER NUMBER On File June 29, 2007 THROUGH LAST STATEMENT DEERFIELD TRIARC CAP CORP OFR CASH 362,691 10.9700 3,978,720 609,321 15.3145 ENVIRONMENTAL SOLUTIONS ESWW CASH 100,000 0.7500 75,000 WORLDWIDE INC LEHMAN BROTHERS HOLDINGS INC LEH CASH 100,000 62.0000 6,200,000 60,000 0.9677 WYNN RESORTS LTD WYNN MAGN 160,000 96.5600 15,449,600 BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $78,153,540 $916,649 TOTAL EQUITIES $78,153,540 $916,649 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $916,649 YOUR PRICED PORTFOLIOHOLDINGS $90,706,412 o27 08/01/07,07:19 001 EFTA00197039

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of9 Transaction Detail 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 June 30, 2007 July 31, 2007 accoumt nuvecr TAXPAYER NUMBER On File THROUGH INVESTMENT ACTIVITY LAST STATEMENT June 29, 2007 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/13/07 07/10/07 BOUGHT BOMBARDIER_INC-CL B SUB-VTG BDRBF 20,000 6.28500 125,700.00 1s 070710 REPORTED PRICE 6,225000 DIFFERENCE +0 ,060000 DEERFIELD TRIARC CAP CORP 07/26/07 07/23/07 -17,500 13.46190 OFA 234,529.64 AVG PRICE SHOWN-DETAILS ON REQ UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ UNSOLICITED TOTAL $-125,700.00 $1,289,086.17 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 07/13/07 FUNDS REC FNDS WIRED TO CITIBANK FROM 1,695.26 IOKER “FUNDS REC FNDS WIRED TO CITIBANK FROM ia“ 07/1707 FUNDS REC FNDS WIRED TO CITIBANK FROM TOTAL 027 122,570.00 5,000,000.00 $5,124,265.26 08/01/07,07:19 001 wos EFTA00197040

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New _ New York 10179 | FINANCIAL TRUST COMPANY INC 7 oo STATEMENT PERIOD June 30, 2007 THROUGH duly 31, 2007 Transaction Detail (continued) —-_ | TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT June 29, 2007 OATE MONDAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CESIT AMOUNT CREDIT AMOUNT 06/30/07 OPENINGBALANCE 3,185,234.50 INSTITUTIONAL SHARES INSTITUTIONAL SHARES MONTHLY DIVIDEND 0 (02/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKX 21,358.50 21,358.50 INSTITUTIONAL SHARES DIVIDEND REINVEST 07/13/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKK 4,000,000 1.0000 4,000,000.00 INSTITUTIONAL SHARES 07/13/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKX 6,001 695.26 1.0000 6,001 ,695.26 INSTITUTIONAL SHARES 07/13/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICKK -125,700 1.0000 125,700.00 INSTITUTIONAL SHARES 5,000,000.00 BREVFUS CASH MANAGEMENT-CL A” Bich 5.000.000” INSTITUTIONAL SHARES ! INSTITUTIONAL SHARES TOT SO eee ee CASH MANAGEMENT.CL A ese Oy Aa SS sia 7” panei) V9 -1 INSTITUTIONAL SHARES 07/23107 SOLD DREYFUS GASH MANAGEMENT-CL A DICK "33,467.28 1.0000 33,467.28 INSTITUTIONAL SHARES 07/26/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKX 234,529.64 1.0000 234,529.64 INSTITUTIONAL SHARES 07/27/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKK 1,096,156.53 1.0000 1,096,156.53 INSTITUTIONAL SHARES o27 08/01/07,07:19 001 wos EFTA00197041

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 8 os 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 June 30, 2007 July 31, 2007 account uncer TAXPAYER NUMBER On File THROUGH MONEY FUND ACTIVITY (continued) LAST STATEMENT — June 29, 2007 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/31/07 CLOSINGBALANCE 12,552,871.62 TOTAL $-16,934,242.93 $7,587,964.31 DIVIDENDS DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CREDIT AMOUNT 07/27/07 BEAR STEARNS COMPANIES INC BSC 130,000 0.3200 41,600.00 REC 07/17/07 PAY 07/27/07 TOTAL $41,600.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CERT AMOUNT CAEDIT AMOUNT 07/23/07 INT OB 33,467.28 06/21 - 07, 01 % Tata | TOTAL $-33.467.28 MISCELLANEOUS DATE MO’DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/02/07 JOURNAL FROM 122,491.00 07/13i07 o27 08/01/07,07:19 001 wis EFTA00197042

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 9 of9 Transaction Detail (continued) MISCELLANEOUS (continued) TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/13/07 JOURNAL FROM 6,000,000.00 imi mn mma essesstsneeneene noni ei mm mame TOTAL $-7,440,905.81 $17,898,838.81 Your messages You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp, (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, TZ STOP Y/Y ****** End of Statement****** 08/01/07,07:19 001 wis 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, 2007 July 31, 2007 accoumt nuvecr TAXPAYER NUMBER On File June 29, 2007 THROUGH LAST STATEMENT EFTA00197043

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CLEARED THROUGH ITS: WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC STATEMENT PERIOO June 1, 2007 THROUGH June 29, 2007 account numecr | Wave DessdesEsMessselalesellclbslelehl TAXPAYER NUMBER On File LAST STATEMENT May 31, 2007 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR ST THOMAS VI 00802-1348 Tw Pursuant to your previously issued instructions, Bear Stearns Securities Corp, provides duplicate monthly statements and/or transaction confirmations to the third parties listed on the cover page of this statement. If you wish to modify or cease distribution to any of the recipients indicated, please contact your Investment Professional, This reminder notice will continue to be provided to you on your quarterly statements. Third Party J EPSTEIN & CO 457 MADISON AVE 4TH FLOOR NEW YORK NY 10022 O27 0630070743 001 wot EFTA00197044

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS INVESTMENT PROFESSIONAL ZICHERIMAN,IRA Teverrone VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .. Your Portfolio Holdings Transaction Detail ........s0sessssseseseessseseee YOUr M@SSAQ@S 0.0... sessesesseensee sees seesneesee es oN DSW Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET DEBIT BALANCE 7,407,439 MONEY MARKET FUND BALANCE 3,185,235 NET EQUITY LAST STATEMENT 92,012,420 CHANGE SINCE LAST STATEMENT -14,653,245 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Please report any diterence or nomroceigt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities Comp., One Metotech Center North, Brooklyn, N.Y. 11201-3859. O27 New — New York 10179 81,581,379 Cash & Equivalent FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR 6100 RED HOOK SUTE B-3 QUAETERS #2 ST THOMAS VI 00802-1348 Market Value of Your Portfolio $3,185,235 : $7,407,439 $7,259,274 $81,581,379 $84,753,146 || Current market value GREE Last statements market value C) Short market value Sirc This summary is for informational This statement should be retain 06/3007,07:43 001 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 June 1, 2007 THROUGH June 29, 2007 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31,2007 poses only. It is not intended as a tax document. for our records. See reverse side for important information. EFTA00197045

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2 of9 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 OG/3007,07:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197046

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BEAR STEARNS 3 of9 Cash Flow Analysis OpeningBalance Money Fund Funds Deposited Amount Credited Money Fund Funds Withdrawn Dividends/Interest Charged Miscellaneous Amount Debited Net Cash Activity OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 Income Summary YEAR TO DATE 771,864.88 44.54 THS PERIOD 46,691.09 0.00 THIS PERIOD Dividends Credit Balance Int. 5,190,917.09 1,023,495.00 $46,691.09 -7,438.53 Margin Int. Paid -7,438.53 $6,214,412.09 -1,070,186.09 -5,144,226.00 -7, 438.53 Portfolio Composition SHORT 7,407,439 LONG 3,185,235 81,581,379 -7,400.000.00 Cash/Cash Equivalent $-13.621,850. 62. Equities $7,407,439 $84,766,614 Total -7,407,438.53 Cash Balance Summary OPENING Margin Net Cash Balance 0.00 $0.00 $-7,407,438.53 CLOSING -7,407 438.53 027 06/3007,07:43 001 8% Cash & Equivalent . 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 June 1, 2007 June 29, 2007 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT May 31,2007 Your Portfolio Allocation Short Cash &Equivalent \ a * ‘Equities 89% Unshaded portions denote debt balance andicr short market values. The allocation percentage is derived from the absokte market value of your portiailo. EFTA00197047

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING aos STATEMENT PERIOO June 1, 2007 THROUGH June 29, 2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT — May 31, 2007 CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE CASH BALANCE -7,407,439 DREYFUS CASH MANAGEMENT-CL A DICKK 3,185,234.50 1.0000 3,185,235 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,2200% TOTAL CASH & CASH EQUIVALENTS $-4,222,204 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight, In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www, bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, AQCT MARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) APPLE INC AAPL CASH 220,000 122.0400 26,848,800 BSC RATING: STOCK O/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT RATING: S BEAR STEARNS COMPANIES INC BSC CASH 130,000 140.0000 18,200,000 166,400 0.9143 027 06/3007,07:43 001 wit EFTA00197048

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 BEAR STEARNS FINANCIAL TRUST COMPANY INC 5 of9 STATEMENT PERIOD June 1, 2007 THROUGH June 29, 2007 Your Portfolio Holdings (continued) secon nan TAXPAYER NUMBER On File LAST STATEMENT May 31, 2007 Equities & Options (continued) ESTIMATED ANNUAL INCOME ACCT ESTIMATED TPE YELD 1%} CASH QUANTITY 100,000 SYMBOLICUSIP CPs DESCRIPTION CHOICEPOINT INC COLGATE PALMOLIVE CO cL CASH 56,200 64.8500 3,644,570 80,928 2.2205 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B DEERFIELD TRIARC CAP CORP OFR CASH 462,691 14.6300 6,769,169 777,321 11.4833 ENVIRONMENTAL SOLUTIONS ESWW CASH 100,000 0.7800 78,000 (ORLOWADE INC LEHMAN BROTHERS HOLDINGS INC LEH CASH 100,000 74.5200 7,452,000 60,000 0.8052 WYNN RESORTS LTD WYNN MAGN 160,000 89.6490 14,343,840 BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $81,581,379 $1,084,649 TOTAL EQUITIES $81,581,379 $1,084,649 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1,084,649 YOUR PRICED PORTFOLIOHOLDINGS $77,359,175 o27 06/3007,07:43 001 EFTA00197049

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BEAR STEARNS 6 of9 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT DATE 06/15/07 TRADE OATE TRANSACTION JOURNAL JOURNAL” DESCRIPTION WYNN RESORTS LTD JOURNAL FROM TYPE 1 TO 2 me" WYNN RESORTS LTD JOURNAL FROM TYPE 1 TO 2 SYMBOLICUSIP WYNN WYNN 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 June 1, 2007 dune 29, 2007 On File THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT May 31, 2007 DEBIT AMOUNT CREDIT AMOUNT DEPOSITS AND WITHDRAWALS DATE 06/01/07 TRANSACTION FND WIRED 06/06/07 FND WIRED END WIRED 18/07 06/19/07 FND WIRED 06/27/07 FND WIRED FUNDS REC DESCRPTION MDA; IOS WIRED TO MDA#MB447945FNDS WIRED TO ie “tin MDA#MB453372—NDS WIRED TO G ASE BAN FI "ENDS WIRED TO CITIBANK FROM IOKER MDA FNDS WIRED TO Nias aE NSS Wie TS ies “ii o27 DEBIT AMOUNT 1,000,000.00 CREDIT AMOUNT 1,000,000.00 “},000,000.00° 1,023,495.00 144,226.00 1,000,000.00 OG/3007,07:43 001 wot EFTA00197050

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 7 oo Transaction Detail (continued) DEPOSITS AND WITHDRAWALS (continued) DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 06/28/07 FND WIRED MDA# FNDS WIRED TO 1,000,000.00 TOTAL $-5,144,226.00 $1,023,495.00 MONEY FUND ACTIVITY DATE MOVDAY TRANSACTION: DESCRIPTION SYMBOUCUSIF QUANTITY PRICE 06/01/07 OPENINGBALANCE 7,259,274.41 06/01/07 SOLD INSTITUTIONAL SHARES ‘06/01/07 DIVIDEND COREYFUS CASH MANAGEMENT.CL A DICK INSTITUTIONAL SHARES MONTHLY DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKX 46,691.09 INSTITUTIONAL SHARES DIVIDEND REINVEST 06/01/07 REINVEST 06/06/07 SOLD INSTITUTIONAL SHARES 06/13/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICKK -1,000,000 1.0000 OREYFUS CASH MANAGEMENT-CL A DICKX -1,000,000 1 ‘0000 DREYFUS CASH MANAGEMENT-CL A DICKX -1,000,000 1.0000 INSTITUTIONAL SHARES 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 June 1, 2007 THROUGH June 29, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31, 2007 CESIT AMOUNT (CREDIT AMOUNT 1,000,000.00 46,691.09 46,691.09 1,000.000.00 1'000.000.00 NT-CL A 1,023,495 U! INSTITUTIONAL SHARES 06/19/07 SOLD INSTITUTIONAL SHARES 06/27/07 SOLD INSTITUTIONAL SHARES o27 06/3007,07:43 001 -0000 1,023.495.00 DREYFUS CASH MANAGEMENT-CL A DICKX -144,226 1.0000 DREYFUS CASH MANAGEMENT-CL A DICKX -1,000,000 1.0000 144,226.00 1,000,000.00 EFTA00197051

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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 8 of9 STATEMENT PERIOD June 1, 2007 THROUGH June 29, 2007 Transaction Detail (continued) ACCOUNT NUMBER fs TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT = May 31, 2007 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CESIT AMOUNT CREDIT AMOUNT 06/28/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICKK -1,000,000 1.0000 1,000,000.00 INSTITUTIONAL SHARES 06/29/07 CLOSINGBALANCE 3,185,234.50 TOTAL $-1,070, 186.09 $5,190,917.09 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CAEDIT AMOUNT 06/21/07 INT OB 7,438.53 08/21 - 06/20 @06 ,03125% BAL 7400000 AVG 1432258 TOTAL $-7,438.53 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 06/15/07 JOURNAL iii” 7,400,000.00 TOTAL $-7,400,000.00 o27 06/3007,07:43 001 vor EFTA00197052

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 9 of9 Your messages EZ 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, EZ You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp, (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, ****** 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 PERIOO June 1, 2007 THROUGH June 29, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT May 31,2007 TS SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin account, you consent to Bear Steams's night to use, lend or pledge any securities held by Bear Stearns in your margin account, In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant nights of ownership with respect to the loaned, sold or pledged securities. Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions, If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends, In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR), The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and minimize market impact with respect to your order, The SOR routes orders using proprietary algorithms that scan exchanges, ECN’s and other liquidity venues before it decides a strategy designed to achieve an optimal execution for clients, The SOR may in the course of executing an instruction change the entered order type from market to limit or may change the entered limit price in an attempt to obtain the best price, Although the Firm believes that the regular use of this technology benefits clients by achieving overall better execution quality, we cannot guarantee an optimal execution on any individual order, 0630070743 001 wit EFTA00197053

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York, New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING INVESTMENT PROFESSIONAL ZICHERMAN,IRA STATEMENT PERIOD May 1, 2007 TeepHone =| THROUGH May 31, 2007 VISIT OUR WEBSITE www.bearstearns.com account uncer What’s In This Statement Wane DessdeaEsPessselalesellelbsleleh TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 Financial Summary « 3 FINANCIAL TRUST COMPANY INC Your Portfolio Holdings 4 C/O AMERICAN YACHT HARBOR Transaction Detail .......csesseeseeeees 6 6100 RED HOOK SUTE B-3 Fund Activity sss 6 QUAETERS #2 Your Messages ss ees on cee as ee cee es ens ee esceseees cases 8 ST THOMAS VI 00802-1348 Your Portfolio at a Glance Market Value of Your Portfolio 7.259.274 TOTAL VALUE OF SECURINES THIS PERIOD 84,753,146 “ash & Equivalent wis $17,756,525 $81,251,555 NET EQUITY THIS PERIOD $92,012,420 seense eeseesees anceasecseconces eoceenees conssousseaseces ceceeeeos cneesneesssonssecsesooeces HM current market value NET EQUITY LAST STATEMENT 99,008,080 BEBE Last statements market value CHANGE SINCE LAST STATEMENT -6,995,660 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any diterence or nomrocaigt of checks or stocks, indicated as delivered to you, Siec This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-634-1428; of write to Clent Services at Bear, Steams Socurities This statement should be retained for our records. See reverse side for important information. Corp. One Metrotech Center North, Brooklyn. N.Y. 11201-3859 027 06/01/07:05:44 001 vor EFTA00197054

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 06/01/07,05:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197055

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS 3 of8 Cash Flow Analysis THIS PERIOD OpeningBalance Money Fund 10,873,187.15 Dividends/Interest 229,562.22 Amount Credited $11,102,749.37 Money Fund -302.749.37 Funds Withdrawn -10,800,000.00 Amount Debited $-11.102,749.37 Closing Balance $0.00 027 Income Summary THS PERIOD Dividends 302,749.37 Credit Balance Int. 0.00 Portfolio Composition Cash/Cash Equivalent Equities Total 06/01/07,05:44 001 $92,012,420 YEAR TO DATE 725,173.79 44.54 7,259,274 84,753,146 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 1, 2007 May 31,2007 accouvt nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 THROUGH Your Portfolio Allocation Cash & Equivalent , Ts Equities 93% Unshaded portions denote debt balance andlor short market values. The allocation percamage is dervad from the absokte market value of your porttolt. woo EFTA00197056

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING 4 oe STATEMENT PERIOD May 1, 2007 THROUGH May 31,2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT April 30, 2007 CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 7,259,274.41 1.0000 7,259,274 INSTITUTIONAL SHARES EST, 30_DAY AVG YIELD _5.1900% TOTAL CASH & CASH EQUIVALENTS $7,259,274 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight: MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www. bearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them, AoCT MARKET ESTIMATED = ESTIMATED DESCRIPTION SYMBOUCUSIP TRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%} APPLE INC AAPL CASH 220,000 121.5600 26,743,200 BSC RATING: STOCK O/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT RA BEAR STEARNS COMPANIES INC BSC CASH 130,000 149.9600 19,494,800 166,400 0.8536 CHOICEPOINT INC cPS CASH 100,000 43.8600 4,386,000 O27 06/01/07,05:44 001 yoo EFTA00197057

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 5 of@ Your Portfolio Holdings (continued) Equities & Options (continued) AcCT NANRKET ESTIMATED ESTIMATED DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} COLGATE PALMOLIVE CO cL CASH 56,200 66.9600 3,763,152 80,928 2.1505 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B 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 1, 2007 May 31, 2007 accoumt nuvecr TAXPAYER NUMBER On File April 30, 2007 THROUGH LAST STATEMENT DEERFIELD TRIARC CAP CORP OFR CASH 462,691 16.2000 7,495,594 777,321 10.3704 ENVIRONMENTAL SOLUTIONS ESWW CASH 100,000 0.8600 86,000 WORLDWIDE INC LEHMAN BROTHERS HOLDINGS INC LEH CASH 100,000 73.3800 7,338,000 60,000 0.8177 WYNN RESORTS LTD WYNN CASH 160,000 96.5400 15,446,400 BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $84,753,146 $1,084,649 TOTAL EQUITIES $84,753,146 $1,084,649 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1,084,649 YOUR PRICED PORTFOLIOHOLDINGS $92,012,420 027 06/01/07,05:44 001 EFTA00197058

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CLEARED THROUGH ITS: WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 6 of8 STATEMENT PERIOD May 1, 2007 THROUGH May 31, 2007 Transaction Detail wn TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT — April 30, 2007 DATE TRANSACTION DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 05/09/07 END WIRED MDA# IOS WIRED TO. 1,000,000.00 as eenees Fs $0 Wied aos ARS Wid 0 aeneaeeee ee OOO 05/09/07 4,000,000.00 TOTAL $-10,800,000.00 MONEY FUND ACTIVITY DATE MONDAY TRANSACTION: DESCRIPTION SYMBOUCUSIF QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 05/01/07 OPENINGBALANCE 17,756,525.04 “DREYFUS CASH MANAGEMENT-CL A” BicKK "73,187.15 INSTITUTIONAL SHARES MONTHLY DIVIDEND 05/01/07 REINVEST OREYFUS CASH MANAGEMENT-CL A DICXX 73,187.15 73,187.15 INSTITUTIONAL SHARES DIVIDEND REINVEST INSTITUTIONAL SHARES 05/09/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICXX -7,800,000 1.0000 7,800,000.00 INSTITUTIONAL SHARES 027 06/01/07,05:44 001 woo EFTA00197059

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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 7 off STATEMENT PERIOD May 1, 2007 THROUGH May 31,2007 Transaction Detail (continued) ow TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT — April 30, 2007 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 05/15/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKK 20,232 1.0000 20,232.00 INSTITUTIONAL SHARES “DREYFUS CASH MANAGEMENT-CL A DICK “7,000,000 1.0000 INSTITUTIONAL SHARES 1,000,000.00 INSTITUTIONAL SHARES 05/23/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKK 15,000 1.0000 15,000.00 INSTITUTIONAL SHARES 05/30/07 BOUGHT DREYFUS GASH MANAGEMENT-CL A DICK {94,330.22 70000 194:330.22 INSTITUTIONAL SHARES 05/31/07 CLOSINGBALANCE 7,259,274.41 TOTAL $-302.749.37 $10,873,187.15 DIVIDENDS DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CAEDIT AMOUNT 05/15/07 COLGATE PALMOLIVE CO CL 56,200 0.3600 20,232.00 REC 04/24/07 PAY 05/15/07 05/23/07 LEHMAN BROTHERS HOLDINGS INC LEH 100,000 0.1500 15,000.00 REC 05/15/07 PAY 05/23/07 05/30/07" “DEERFIELD TRIARC CAP CORP OFA 462.697 "04300 194/330.22 REC 05/07/07 PAY 05/30/07 TOTAL $229,562.22 027 06/01/07,05:44 001 yoo EFTA00197060

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 8 of8 Your messages TE You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, STOP: ****** End of Statement****** Y/Y 027 06/01/07,05:44 001 woo 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 1, 2007 THROUGH May 31, 2007 accouvt nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 30, 2007 EFTA00197061

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS INVESTMENT PROFESSIONAL ZICHERIMAN,IRA Teverrone VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary . Your Portfolio Holdings Transaction Detail ..........ssesssessseseseseeees Fur ACtivity ,ssssssssessnsesvsssestesnssseestsesseaes YOUr M@SSAQES 00.0... sessesesseenseesessseesneeenees aonnr Ww Your Portfolio at a Glance New = New York 10179 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR 6100 RED HOOK SUTE B-3 QUAETERS #2 ST THOMAS VI 00802-1348 Market Value of Your Portfolio $17,756,525 TOTAL VALUE OF SECURINES THIS PERIOD 81,251,555 “#sh & Equivalent ses MONEY MARKET FUND BALANCE 17,756,525 NET EQUITY THIS PERIOD $99,008,080 NET EQUITY LAST STATEMENT 91,955,222 CHANGE SINCE LAST STATEMENT 7,052,858 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any diterence or nomroceigt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. O27 $81,251,555 ites yy” “ $76,679,336 HE current market value laa Last statements market value 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 March 31,2007 April 30, 2007 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT March 30, 2007 Sirc This summary is for informational purposes only. It is not intended as a tax document. This statement should be retain 05/01/07,07:14 001 for our records. See reverse side for important information. EFTA00197062

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 05°01/07,07:14 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197063

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS 3 of8 Cash Flow Analysis THIS PERIOD OpeningBalance Money Fund 100.846.63 Dividends/Interest 41,600.00 Miscellaneous 2,425,000.00 Amount Credited Money Fund -14,024,042.68 Miscellaneous -43,403.95 Amount Debited $-14,067,446.63 Net Cash Activity -11,500,000.00 Cash Balance Summary OPENING CLOSING Cash 11,500,000.00 0.00 $11,500,000.00 $0.00 Net Cash Balance 027 Income Summary THS PERIOD Dividends 99.042 68 Credit Balance Int. 0.00 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 March 31,2007 April 30, 2007 accouvt nuvecr TAXPAYER NUMBER On File THROUGH YEAR TO DATE 422,424.42 44.54 LAST STATEMENT March 30, 2007 Portfolio Composition Cash/Cash Equivalent Equities Total 05°01/07,07:14 001 $99,008,080 17,756,525 81,251,555 Your Portfolio Allocation Cash &Equivalent . 18% Equities 82% Unshaded portions denote debt balance andi short market values. The allocation percamage is derved from the absokte market value of your porttolio. EFTA00197064

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New = New York 10179 | FINANCIAL TRUST COMPANY INC 4 oe STATEMENT PERIOD March 31,2007 THROUGH April 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT — March 30, 2007 CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE DREYFUS CASH MANAGEMENT-CL A DICKK 17,756,525.04 1.0000 17,756,525 INSTITUTIONAL SHARES EST, 30_DAY AVG YIELD _5.1600% TOTAL CASH & CASH EQUIVALENTS $17,756,525 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight: MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www. bearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them, AoCT MARKET ESTIMATED = ESTIMATED DESCRIPTION SYMBOUCUSIP TRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%} APPLE INC AAPL CASH 220,000 99.8000 21,956,000 BSC RATING: STOCK O/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT RA BEAR STEARNS COMPANIES INC BSC CASH 130,000 155.7000 20,241,000 166,400 0.8221 CHOICEPOINT INC cPS CASH 100,000 37.9700 3,797,000 027 05°01/07,07:14 001 woos EFTA00197065

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BEAR STEARNS 5 of6 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD March 31,2007 THROUGH April 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT Equities & Options (continued) AcCT NANRKET ESTIMATED ESTIMATED DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} COLGATE PALMOLIVE CO cL CASH 56,200 67.7400 3,806,988 80,928 2.1258 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B DEERFIELD TRIARC CAP CORP ENVIRONMENTAL SOLUTIONS WORLDWIDE INC LEHMAN BROTHERS HOLDINGS INC CASH 462,691 16.1900 7,490,967 777,321 ESww CASH 100,000 0.7800 78,000 CASH 100,000 75.2800 7,528,000 60,000 10.3768 0.7970 WYNN RESORTS LTD WYNN CASH 160,000 102.2100 16,353,600 BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $81,251,555 $1,084,649 TOTAL EQUITIES $81,251,555 $1,084,649 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1,084,649 YOUR PRICED PORTFOLIOHOLDINGS $99,008,080 027 05°01/07,07:14 001 woos EFTA00197066

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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 Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 6 of8 STATEMENT PERIOG March 31,2007 THROUGH April 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT March 30,2007 Transaction Detail SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT_AMOUNT 04/24/07 EXCHANGE DEERFIELD TRIARC CAP CORP -462,691 ACCREDITED INVESTORS EXCHANGE 00132 oai2ai07 EXCHANGE DEERFIELD TRIARG CAP COAP DFA 462.691 EXCHANGE 00129 TOTAL MONEY FUND ACTIVITY DATE MaDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 03/31/07 OPENINGBALANCE 3,775,886.31 04/02/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKK 2,425,000 1.0000 2,425.000.00 INSTITUTIONAL SHARES 04/02/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICK 47,500,000 7.0000 INSTITUTIONAL SHARES 17,500.000.00 04/02/07 DIVIDEND OREYFUS CASH MANAGEMENT-CL A DICKK 57,442.68 INSTITUTIONAL SHARES MONTHLY DIVIDEND INSTITUTIONAL SHARES DIVIDEND REINVEST “CL -43,403.95 -0000 43,403.95 04/26/0 U! INSTITUTIONAL SHARES 04/27/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKX 41,600 1.0000 41,600.00 INSTITUTIONAL SHARES 027 05°01/07,07:14 001 woos EFTA00197067

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) MONEY FUND ACTIVITY (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 March 31,2007 April 30,2007 account uncer TAXPAYER NUMBER On File THROUGH LAST STATEMENT March 30, 2007 OATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CESIT AMOUNT CREDIT AMOUNT 04/30/07 CLOSINGBALANCE 17.756,525.04 TOTAL $-14,024,042.68 $100,846.63 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT (CREDIT AMOUNT 04/27/07 BEAR STEARNS COMPANIES INC asc 130,000 0.3200 41,600.00 REC 04/17/07 PAY 04/27/07 TOTAL $41,600.00 MISCELLANEOUS DATE MO'DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 04/02/07 JOURNAL FROM [i 125,000.00 ie aC CCC Ak eee oe be 86 INT RVRSL 9/30/05 TOTAL $-43.403.95 $2.425,000.00 o27 05/01/07,07:14 001 woo EFTA00197068

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 8 of8 Your messages TE You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, STOP: ****** End of Statement****** Y/Y 027 05°01/07,07:14 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOG March 31,2007 THROUGH April 30, 2007 accouvt nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 30, 2007 EFTA00197069

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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 a" 10179 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 account numecr = Wave DessdesEsMessselalesellclbslelehl TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR 6100 RED HOOK SUTE B-3 QUAETERS #2 ST THOMAS VI 00802-1348 ie Pursuant to your previously issued instructions, Bear Stearns Securities Corp, provides duplicate monthly statements and/or transaction confirmations to the third parties listed on the cover page of this statement. If you wish to modify or cease distribution to any of the recipients indicated, please contact your Investment Professional, This reminder notice will continue to be provided to you on your quarterly statements. Third Party J EPSTEIN & CO 457 MADISON AVE 4TH FLOOR NEW YORK NY 10022 O27 ON31/0706:43 001 woos EFTA00197070

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York, New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING INVESTMENT PROFESSIONAL ZICHERIMAN,IRA STATEMENT PERIOD March 1, 2007 TecerHone | THROUGH March 30, 2007 VISIT OUR WEBSITE www.bearstearns.com accout unccr What’s In This Statement Wane DessdesEsMessselalasellclbslelleh TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 Financial Summary . 3 FINANCIAL TRUST COMPANY INC Your Portfolio Holdings 4 C/O AMERICAN YACHT HARBOR Transaction Detail ........cesseeeeeeees 6 6100 RED HOOK SUTE B-3 Fund Activity \ussssssenniaeaeens 8 QUAETERS #2 Your Messages ss ees on ces as ee cee es ens nesses esas ceses 8 ST THOMAS VI 00802-1348 Your Portfolio at a Glance Market Value of Your Portfolio 15,275,888 TOTAL VALUE OF SECURINES THIS PERIOD 76,679,336 #8" & Equivalent ccm $21,645,828 $68,969,673 MONEY MARKET FUND BALANCE 3,775,886 seenaeseseeseessnenaunneuanuaen susessessauensensunaunaen seeees: aeseessseseeee HE current market value NET EQUITY THIS PERIOD $91,955,222 BEBE Last statement’s market value NET EQUITY LAST STATEMENT 90,615,501 CHANGE SINCE LAST STATEMENT 1,339,721 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Please report any difference or nomrocaigt of checks or stocks, indicated as dalivered to you, Siec This summary is for informational purposes only. It is not intended as a tax document. % Client Senices at 800-634-1428; of write to Clant Services at Bear, Stearns Securities This statement should be retained for our records. See reverse side for important information. Corp. One Metrotech Center North, Brooklyn. N.Y. 11201-3859 027 03/31/07:06:43 001 woos EFTA00197071

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2 of 0 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 039/31/0706:43 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197072

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS 3 of 10 Cash Flow Analysis THIS PERIOD OpeningBalance Money Fund Funds Deposited 18,054,458.05 11,500,000.00 Amount Credited $29,554,458.05 Securities Bought -7,962,200.00 Money Fund -92,258.05 Miscellaneous -10,000,000.00 Amount Debited $-18,054,458.05 Net Cash Activity 11,500,000.00 Cash Balance Summary OPENING Cash 0.00 CLOSING 11,500,000.00 $0.00 $11,500,000.00 Net Cash Balance 027 Income Summary THS PERIOD Dividends 92,258.05 Credit Balance Int. 0.00 Portfolio Composition Cash/Cash Equivalent Equities Total 03/31/07,06:43 001 $92,258.05 $91,955,222 YEAR TO DATE 323,381.74 44.54 15,275,886 76,679,336 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 1, 2007 March 30, 2007 accout nuvecr TAXPAYER NUMBER On File February 28,2007 THROUGH LAST STATEMENT Your Portfolio Allocation Cash &Equivalent 17% Equities 83% Unshaded portions denote debt balance andicr short market values. The allocation percamage is derved from the absokte market value of your porttolio. EFTA00197073

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING 4 of STATEMENT PERKOO March 1,2007 THROUGH March 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAST STATEMENT February 28, 2007 CASH & CASH EQUIVALENTS NAARKET DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE CASH BALANCE 11,500,000 DREYFUS CASH MANAGEMENT-CL A DICKK 3,775,886.31 1.0000 3,775,886 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,1700% TOTAL CASH & CASH EQUIVALENTS $15,275,886 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight, In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www, bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, AQCT MARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) APPLE INC AAPL CASH 220,000 92.9100 20,440,200 BSC RATING: STOCK O/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT RATING: S BEAR STEARNS COMPANIES INC BSC CASH 130,000 150.3500 19,545,500 166,400 0.8513 O27 039/31/0706:43 001 woos EFTA00197074

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 5 of 0 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT TYPE CASH MARKET VALUE 3,743,000 ESTIMATED ANNUAL INCOME ESTIMATED QUANTITY YELD ('%) 100,000 PRICE 37.4300 DESCRIPTION CHOICEPOINT INC SYMBOLICUSIP CPs 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 1, 2007 March 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT CASH COLGATE PALMOLIVE CO 66.7900 3,753,598 80,928 2.1560 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B cL 56,200 CASH 462,691 14.9900 6,935,738 DEERFIELD TRIARC CAP CORP ACCREDITED INVESTORS ENVIRONMENTAL SOLUTIONS WORLDVADE INC LEHMAN BROTHERS HOLDINGS INC LEH CASH 100,000 70.0700 BSC RATING: STOCK P/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT CASH 0.7670 76,700 ESWW 100,000 7,007,000 60,000 0.8563 RATING: B WYNN RESORTS LTD WYNN CASH 160,000 94.8600 15,177,600 BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $76,679,336 $307,328 TOTAL EQUITIES $76,679,336 $307,328 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $307,328 YOUR PRICED PORTFOLIOHOLDINGS $91,955,222 027 03/31/07,06:43 001 woos February 2B, 2007 EFTA00197075

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brooklyn, New York 11201-2859 STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 6 of 10 STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 Transaction Detail account numccr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT —- February 28, 2007 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/01/07 02/26/07 BOUGHT LEHMAN BROTHERS HOLDINGS INC LEH 100,000 79.56200 7,962,200.00 UNSOLICITED TOTAL $-7,962,200.00 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 03/30/07 FUNDS REC FNDS WIRED TO CITIBANK FROM 11,500,000.00 CS LLC PRIME BROKER $077089196FF01 TOTAL $11,500,000.00 MONEY FUND ACTIVITY DATE MO;DAY TRANSACTION DESCAIFTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 03/01/07 OPENINGBALANCE 21,645,828.26 03/01/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICKK -7,962,200 1.0000 7,962,200.00 INSTITUTIONAL SHARES 03/01/07 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICKK 92,258.05 INSTITUTIONAL SHARES MONTHLY DIVIDEND 03/01/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKK 92,258.05 92,258.05 INSTITUTIONAL SHARES DIVIDEND REINVEST 03/30/07 SOLD DREYFUS CASH MANAGEMENT-CL A DICKK -1 0,000,000 1.0000 10,000,000.00 INSTITUTIONAL SHARES 027 039/31/0706:43 001 woos EFTA00197076

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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 Le FINANCIAL TRUST COMPANY INC 7 of 0 STATEMENT PERIOD March 1,2007 THROUGH March 30, 2007 Transaction Detail (continued) account xumccr = TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT —- February 28, 2007 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/30/07 CLOSINGBALANCE 3,775,886.31 TOTAL $92,258.05 __$18,054,458.05 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 03/30/07 JOURNAL TO 10,000,000.00 TOTAL $-10,000,000.00 027 039/31/0706:43 001 yous EFTA00197077

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BEAR STEARNS 8 of 10 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 Your messages i Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2006 and January 31, 2007, the Company's net capital of approximately $4.0 billion and $4.0 billion was approximately 6.8% and 6.7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.2 billion and $1.2 billion by approximately $2.8 billion and $2.8 billion, 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, You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp, (‘BSSC") at the telephone numbers listed on the front of this statement, In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement, 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 PERIOD March 1, 2007 THROUGH March 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 TS SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin account, you consent to Bear Steams's night to use, lend or pledge any securities held by Bear Stearns in your margin account, In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant nights of ownership with respect to the loaned, sold or pledged securities. Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions, If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends, NOTICE OF CHANGE PURSUANT TO TRUTH-IN-LENDING SEC RULE 10b-16 The purpose of this notice is to advise you of certain changes in the manner in which interest will be charged on any U.S, dollar-denominated credit extended to you by Bear, Stearns Securities Corp. ("BSSC") for the purpose of purchasing, carrying or trading in any security, Interest will continue to be based on either the BSSC Margin Basis Rate, or a London Interbank Offered Rate ("LIBOR’) as specified in the chart below, The BSSC Margin Basis Rate will be quoted each business day by BSSC at our main office in New York, Factors affecting the determination of the BSSC Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that BSSC is charged for borrowing money. 039/31/0706:43 001 woos EFTA00197078

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BEAR STEARNS 9 of 10 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 ie Effective no earlier than thirty (30) days from your receipt of this statement: 1, The annual rate of interest charged to you on U.S, dollar-denominated credit will not exceed the specified percentage over the applicable rate, as indicated in the following chart: Debit Size Range Index. Spread_to Index Up to $499,999 Margin Basis + 3,000% $500,000 - $999,999 Margin Basis + 2,000% $1,000,000 - $2,499,999 Margin Basis + 1,500% $2,500,000 - $4,999,999 LIBOR + 3,000% $5,000,000 - $9,999,999 LIBOR + 2,250% $10,000,000 and above LIBOR + 1.750% Debits in currencies other than U,S, dollars will not be taken into account in computing the debit size for purposes of determining the applicable interest rate, The rate corresponding to the debit size range in which your U.S, dollar denominated debit falls will apply to the entire amount of your U.S, dollar denominated debit. The actual rate charged to you at any given time will be notified to you on request, and the amount charged to you will appear on your monthly statements. 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 PERIOD March 1, 2007 THROUGH March 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 | 2. Interest may be charged to your account at varying rates during the month to reflect any changes in such interest rates that have occurred during the month as well as any changes in the applicable rate caused by a change in the size of your debit balance. 3. The rate of interest charged to you on any credit extended to you in a currency other than U.S, dollars shall continue to be based on either (i) a LIBOR, as such rate is compiled by the British Bankers Association and published on Bloomberg or Reuters, or (ii) any other rate quoted by Reuters that is applicable to the currency in which the obligation is denominated or, if a rate for such currency is not quoted by Reuters, the rate provided by Bear Stearns Secunties' local bank, In either case, the annual rate of interest on such non-U,S, dollar denominated debit will continue to not exceed 5% above either a LIBOR, any rate quoted by Reuters or the rate provided by Bear Stearns Securities’ local bank, and will appear on your monthly statements, The actual rate charged to you at any given time will be notified to you on request and the amount charged to you will appear on your monthly statements, 4, Unless otherwise agreed, the BSSC Fed Funds Rate will no longer be an available option for computing interest, 039/31/0706:43 001 woos EFTA00197079

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe 10 of 10 EZ if BSSC makes changes in any of the credit terms and conditions described herein or if a change is required by law, we will notify you of such change within a reasonable period of time, unless such change results in the same or a higher rate to you, in which case we will provide you at least 30 days’ prior written notice, The annual rate of interest you are charged may fluctuate with changes in the BSSC Margin Basis Rate, a LIBOR, any of the rates quoted by Reuters or the rate provided by BSSC's local bank, The changes in rates resulting from this fluctuation will be made without prior notice to you (as contrasted with changes in the credit terms and conditions, notice of which will be provided as described above), The Truth-in-Lending disclosure previously provided to you shall continue to apply except as specifically noted above. ****** End of Statement****** 027 03/31/07,06:43 001 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 March 1, 2007 THROUGH March 30, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2007 EFTA00197080

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 INVESTMENT PROFESSIONAL ZICHERMAN.,IRA VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial SUMMArY ssssesssesseessessaescnsnensaees Your Portfolio HoldingS ........sssssessseeeseeee Transaction Detail ... Trades Not Yet Settled ..... aonn rt 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 PERIOD February 1,2007 THROUGH February 28, 2007 UMavslDossLosLUasssalafasalfaallabsallaall cont nach LAST STATEMENT January 31,2007 FINANCIAL TRUST COMPANY INC C/O AMERICAN YACHT HARBOR 6100 RED HOOK SUTE B-3 QUAETERS #2 ST THOMAS VI 00802-1348 Market Value of Your Portfolio 21 645,828 TOTAL VALUE OF SECURITIES THIS PERIOD 68,969,673 “ash & Equvalent cca $32,111,140 anenaenennes Sos $65,083,900 NET EQUITY LAST STATEMENT 97,195,040 CHANGE SINCE LAST STATEMENT -6,579,539 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, % 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. O27 HM Current market value AES Last statements market value This summary &s for informational purposes only. It Is not intended as a tax document, ‘This statemem should be retained for your records. See reverse side for important information, 03/01/0705:17 001 woos EFTA00197081

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0S/01/07,05:17 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197082

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BEAR STEARNS 3 of@ OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Flow Analysis OpeningBalance Money Fund Dividends/interest Amount Credited THIS PERIOD $194,330.22 10,632,044.93 18,028.54 $10,650,073.47 Securities Bought Money Fund Funds Withdrawn Amount Debited Net Cash Activity -8,654,.880.00 -189,523.69 -2,000,000.00 $-10.844,403.69 -194,330.22 Cash Balance Summary Cash Net Cash Balance OPENING CLOSING 194,330.22 0.00 $194,330.22 o27 Income Summary THIS PERIOD Dividends 189,523.69 Credit Balance Int. 44.54 Total Portfolio Composition Cash/Cash Equivalent Equities 03/01/07,05:17 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO February 1, 2007 THROUGH February 28, 2007 TAXPAYER NUMBER On File ACCOUNT NUMBER YEAR TO DATE 231,123.69 LAST STATEMENT January 31, 2007 21,645,828 68,969,673 Your Portfolio Allocation Cash & Equivalent 24% Equities 76% Unshaded portions denote debt balance andicr short market values. The alocation percemage is derved from the absokte market value of your porttoib. yoo6 EFTA00197083

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New _ New York 10179 | FINANCIAL TRUST COMPANY INC 4 oe STATEMENT PERIOD February 1,2007 THROUGH February 28, 2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings LAT STATEMENT January 31,2007 CASH & CASH EQUIVALENTS NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%:} DREYFUS CASH MANAGEMENT-CL A DICKK 21,645,828.26 1.0000 21,645,828 1,147,229 5.3000 INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD _5.1700% TOTAL CASH & CASH EQUIVALENTS $21,645,828 $1,147,229 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight: MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons, Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www.bearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them, AoCT MARKET ESTIMATED = ESTIMATED DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE _ ANNUAL INCOME YELD (%} APPLE INC AAPL CASH 220,000 84.6100 18,614,200 BSC RATING: STOCK O/SECTOR MW BATS ALTERNATIVE VIEWPOINT BEAR STEARNS COMPANIES INC BSC CASH 130,000 152.2400 19,791,200 166,400 0.8408 CHOICEPOINT INC CPS CASH 100,000 38.8800 3,888,000 027 03/01/07,05:17 001 woos EFTA00197084

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BEAR STEARNS 5 of6 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION COLGATE PALMOLIVE CO BSC RATING: STOCK O’SECTOR MW BUCKINGHAM RESEARCH RATING: B ACCT SYMBOLICUSIP TYPE ch CASH 56,200 MARKET ESTIMATED QUANTITY PRICE VALUE ANNUAL INCOME 67.3600 3,785,632 71,936 ESTIMATED YELD (%} 1.9002 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 February 1, 2007 THROUGH February 28, 2007 accoumt nuvecr TAXPAYER NUMBER On File LAST STATEMENT January 31, 2007 DEERFIELD TRIARC CAP CORP Fs CASH 462,691 15.4000 7.125.441 ACCREDITED INVESTORS ENVIRONMENTAL SOLUTIONS ESww CASH 100,000 0.8200 82.000 WORLDWIDE INC WYNN RESORTS LTD WYNN CASH 160,000 98.0200 15,683,200 BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $68,969,673 $238,336 TOTAL EQUITIES $68,969,673 $238,336 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1,385,565 YOUR PRICED PORTFOLIOHOLDINGS $90.615,501 027 03/01/07,05:17 001 woos EFTA00197085

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of8 Transaction Detail CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOO February 1, 2007 February 28,2007 account uncer TAXPAYER NUMBER On File THROUGH INVESTMENT ACTIVITY LAST STATEMENT — January 31, 2007 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/01/07 01/29/07 BOUGHT APPLE INC AAPL 100,000 86.54880 8,654,880.00 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ WE MAKE A MKT IN THIS SECURITY UNIT PRICE 86,488800 TOTAL $-8,654,880.00 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 02/22/07 FND WIRED MDA# FINDS WIRED TO 1,000.000.00 TOTAL $-2,000,000.00 MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCAIPTION SYMBOUUSIP QUANTITY PRICE 02/01/07 OPENINGBALANCE 31,916,809.81 INSTITUTIONAL SHARES CESIT AMOUNT (CREDIT AMOUNT 8,460,549.78 o27 03/01/07,05:17 001 EFTA00197086

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 FINANCIAL TRUST COMPANY INC 7 of6 STATEMENT PERIOO February 1, 2007 THROUGH February 28, 2007 Transaction Detail (continued) | ACCOUNT NUMBER TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT = January 31,2007 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT (CREDIT AMOUNT 02/01/07 DIVIDEND OREYFUS CASH MANAGEMENT-CL A DICKX 171,539.69 INSTITUTIONAL SHARES MONTHLY DIVIDEND 02/01/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKX 171,539.69 171,539.69 INSTITUTIONAL SHARES DIVIDEND REINVEST INSTITUTIONAL SHARES INSTITUTIONAL SHARES SOLD DREYFUS CASH MANAGEMENT-CL A DICKX -1,000,000 1.0000 1,000,000.00 INSTITUTIONAL SHARES 02/28/07 CLOSINGBALANCE 21,645,828.26 TOTAL $-189.523.69 $10,632,044.93 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 02/15/07 COLGATE PALMOLIVE CO cL 56,200 0.3200 17,984.00 REC 01/26/07 PAY 02/15/07 TOTAL $17,984.00 027 03'01/07:05:17 001 voos EFTA00197087

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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 _—€€ 10179 FINANCIAL TRUST COMPANY INC 8 of6 STATEMENT PERIOO February 1, 2007 THROUGH February 28,2007 Transaction Detail (continued) accouvt xumccr TAXPAYER NUMBER On File INTEREST LAST STATEMENT —_ January 31, 2007 DATE DESCRIPTION SYMBOUOUSIP QUANTITY RATE [%) DEBIT AMOUNT CAEDIT AMOUNT 02/21/07 INTEREST ONCREDIT BALANCE 44.54 ACCT AT O04, me U1/21 - 02/20 TOTAL $44.54 Trades Executed Pending Settlement SETTLEMENT TRADE m1 OaTE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/01/07 02/26/07 BOUGHT LEHMAN BROTHERS HOLDINGS INC LEH 100,000.00 79.5620 7,962,200.00 UNSOLICITED TOTAL $7,962,200.00 $0.00 The above trades do not appear in any other section of this statement /—™, (stor) ****** End of Statement****** \ / —/ o27 03/01/07,05:17 001 ywoo6 EFTA00197088

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Bear, Stearns & Co. Inc. ne idevetach Center Noe 383 Madison Avenue Brooklyn, New York 11201-3859 New York New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING INVESTMENT PROFESSIONAL ZICHERMAN,IRA STATEMENT PERIOG December 30, 2006 TELEPHONE = THROUGH VISIT OUR WEBSITE www.bearstearns.com ACCOUNT NUMBER January 31,2007 LAST STATEMENT December 29, 2006 What’s In This Statement Wave DecsdestsVMessselalaselaollssbeallasll TAXPAYER NUMBER On File Financial SUMMArY ssssesssesseessessaescnssensaees 3 FINANCIAL TRUST COMPANY INC Your Portfolio HOIdINgS ....secesseeeeenee 4 C/O AMERICAN YACHT HARBOR Transaction Detail .. 6 6100 RED HOOK SUTE B-3 Fund Activity ....... 6 QUAETERS #2 Trades Not Yet Settled ..... 8 ST THOMAS VI 00802-1348 Your Portfolio at a Glance Market Value of Your Portfolio $92,111,140 TOTAL VALUE OF SECURITIES THIS PERIOD © 65,083,900 “ash & Equvalent =.) $61,865,047 MONEY MARKET FUND BALANCE 31,916,810 ssvseesossanneeesnnsenssnnseneesseseeeennsensnnnsessanesssssennneneennnentennnassossaneess HM Current market value NET EQUITY THIS PERIOD $97,195,040 BEB Last statement’s market value NET EQUITY LAST STATEMENT 88,154,315 CHANGE SINCE LAST STATEMENT 9,040,725 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 doltwered to you, This summary §s for informational purposes only. It Is not intended as a tax document ‘© Client Senices at 800-634-1428; cr write to Clent Services at Bear, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information, Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859, 027 02/01/07,06:16 001 oot EFTA00197089

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2 of8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 02/01/07,06:16 001 woos CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC EFTA00197090

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of8 Cash Flow Analysis THIS PERIOD $0.00 OpeningBalance Money Fund 10,160,941.35 Funds Deposited 15,000,000.00 Dividends/ Interest 235,930.22 Miscellaneous 425,000.00 Amount Credited $25,821,871.57 Money Fund -15,627,541.35 Miscellaneous -10,000,000.00 Amount Debited $-25.627,541.35 Net Cash Activity 194,330.22 Closing Balance $194,330.22 Cash Balance Summary OPENING CLOSING Cash 0.00 194,330.22 Net Cash Balance $0.00 $194,330.22 o27 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 December 30, 2006 THROUGH January 31,2007 account uncer TAXPAYER NUMBER On File December 29, 2006 Income Summary THIS PERIOD 41,600.00 YEAR TO DATE 41,600.00 LAST STATEMENT Dividends Portfolio Composition Cash/Cash Equivalent 32,111,140 65,083,900 Equities Your Portfolio Allocation Cash & Equivalery 34% Equities 66% Unehaded portions denote debt balance andlor short market values. The allocation percentage is dorved from the absokte market value of your portiailo. 02/01/0706:16 001 EFTA00197091

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — FINANCIAL TRUST COMPANY ING 4 oe STATEMENT PERKOO December 30, 2006 THROUGH January 31,2007 accoumt nuvecr TAXPAYER NUMBER On File Your Portfolio Holdings taat staTewent December 29, 2006 CASH & CASH EQUIVALENTS NAARKET ESTIMATED ESTIMATED DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%:} CASH BALANCE 194,330 DREYFUS CASH MANAGEMENT-CL A DICKK 31,916,809.81 1.0000 31,916,810 1,691,591 5.3000 INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD _5,1600% TOTAL CASH & CASH EQUIVALENTS $32,111,140 $1,691,591 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform, The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC), The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons, Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at www.bearstears.com or can call (800) 517-2327 to request that a copy of this research be sent to them, AgCT MARKET ESTIMATED = ESTIMATED. DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE __ ANNUAL INCOME YELD (% APPLE INC AAPL CASH 120,000 85.7300 10,287,600 BSC RATING: STOCK O/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT RATING: S BEAR STEARNS COMPANIES INC BSC CASH 130,000 164.8500 21,430,500 166,400 0.7765 027 02/01/07,06:16 001 woot EFTA00197092

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10179 fl Le FINANCIAL TRUST COMPANY INC 5 of6 STATEMENT PERIOG December 30, 2006 THROUGH January 31,2007 Your Portfolio Holdings (continued) account xumccr = TAXPAYER NUMBER On File eas . LAST STATEMENT December 29, 2006 Equities & Options (continued) ACCT MARKET ESTIMATED ESTIMATED DESCRETION SYMBOLICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CHOICEPOINT INC CPS CASH 100,000 38.4900 3 100 COLGATE PALMOLIVE CO cL CASH 56,200 68.3000 3,838,460 71,936 1.8741 BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B DEERFIELD TRIARC CAP CORP CASH 462,691 16.7000 7,726,940 ACCREDITED INVESTORS — ENVIRONMENTAL SOLUTIONS ESWW CASH 100,000 0.7300 73,000 WORLDWIDE INC WYNN RESORTS LTD WYNN CASH 160,000 111.7400 17,878,400 BSC RATING: STOCK O’SECTOR MW WALL STREET STRATEGIES RATING: B Total Equities& Options $65,083,900 $238,336 TOTAL EQUITIES $65,083,900 $238.336 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1,929,927 YOUR PRICED PORTFOLIOHOLDINGS $97,195,040 027 02/01/0706:16 001 yoo EFTA00197093

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Soar, Stewme Securities Co r 7 Bear, Stearns & Co. Inc. One Metatech Center Nort BEAR nf ereinp one ee ala STEARNS New York, New York 10179 | | FINANCIAL TRUST COMPANY INC 6 of8 , STATEMENT PERIOG December 30, 2006 THROUGH January 31, 2007 Transaction Detail ACCOUNT NUMBER TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT — December 29, 2006 DATE TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 01/04/07 FUNDS REC FNDS WIRED TO CITIBANK FROM 15,000,000.00 nn TOTAL $15,000,000.00 MONEY FUND ACTIVITY MOVDAY TRANSACTION DESCRIPTION SYMBOUUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 12/30/06 OPENINGBALANCE 26,289,268.46 01/02/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICKK 160,941.35 160,941.35 INSTITUTIONAL SHARES DIVIDEND REINVEST INSTITUTIONAL SHARES AMT INCLUDED IN 2006 - 1099 INSTITUTIONAL SHARES 01/10/07 | BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKK 425.000 1.0000 ‘425,000.00 INSTITUTIONAL SHARES 01/26/07 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICKX 41,600 1.0000 41,600.00 INSTITUTIONAL SHARES 0 NT-CL A -0000 0,000,000.00 -10,000,000 {30/0 U INSTITUTIONAL SHARES 01/31/07 CLOSINGBALANCE 31,916,809.81 TOTAL $-15,627,541.35 $10,160,941.35 027 02/01/0706:16 001 oot EFTA00197094

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York New York 10179 as | FINANCIAL TRUST COMPANY INC 7 of 8 STATEMENT PERIOD December 30, 2006 THROUGH January 31,2007 Transaction Detail (continued) account xumccr = TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT © December 29, 2006 DATE DESCRIPTION SYMBOUGUSIP QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 01/26/07 BEAR STEARNS COMPANIES INC BSC 130,000 0.3200 41,600.00 01/30/07 DEERFIELD TAIARG CAP CORP | 194,330.22" ACCREDITED INVESTORS CASH DIV ON 462691 SHS REC 12/29/06 PAY 01/30/07 AMOUNT INCLUDED ON 2006-1099 TOTAL $235,930.22 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBT AMOUNT CREDIT AMOUNT 01/10/07 JOURNAL FROM [i 125,000.00 Ta 2 ee wevcenseeesess a by erceusceceecevenss +s enceseessescuscescesess +s sesseuceee: 10,000 GO0bO TOTAL $-10,000,000.00 $425,000.00 027 02/01/07,06:16 001 voos EFTA00197095

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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 Pe | FINANCIAL TRUST COMPANY INC 8 of8 STATEMENT PERKOO December 30, 2006 THROUGH January 31,2007 . account xumccr = Trades Executed Pending Settlement TAXPAYER NUMBER On File LAST STATEMENT December 29, 2006 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT JOW07 = =—01/29/07 t 100,000.00 16.54 .654,880.00 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ WE MAKE A MKT IN THIS SECURITY UNIT PRICE _86,488800 TOTAL $8,654,880.00 $0.00 The above trades co not appear in any other section of this statament (stor ****** End of Statement****** VY 027 02/01/0706:16 001 oot EFTA00197096