Statements EFTA00197171

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com Important Message Hava Deseloelsleanselil If any information regarding 2003interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this FINANCIAL TRUST CO INC account, a Consolidated Form 1099will be mailed to you by C/O JEFFREY EPSTEIN February 2,2004 or a 1042Sby March 15,2004. 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING REPO’ ACCRUED START DATE END DATE PRINCIPAL RATE INTEREST* NET AMOUNT ED 000 0.590 384.65 TOTAL REPURCHASE TRANSACTIONS $384 $980,384.65 “As of statement date The above postions do not appear in any other section of this statement CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO November 29, 2003 THROUGH December 31,2003 accor nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT November 28, 2003 Please report any difference cr nomreceipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document. % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. 027 01/01/04;14:84 001 vata EFTA00197172

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BEAR STEARNS 2 of3 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 Your messages ie 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, **ee** End of Statement™***** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO November 29, 2003 THROUGH December 31,2003 accout Nuecr TAXPAYER NUMBER Not Available LAST STATEMENT November 28, 2003 ZT Excess SIPC Account Protection Update Bear, Stearns Securities Corp, ("BSSC"), a member of the Securities Investor Protection Corporation ("SIPC"), provides account protection for the net equity of a customer's funds and securities positions, SIPC provides $500,000 of primary net equity protection, including $100,000 for claims for cash ("SIPC Coverage"). Visit www.sipc.org for more information about SIPC Coverage. BSSC provides the additional protection ("Excess SIPC") through a commercial insurer, Effective February 16, 2004, the commercial insurer for Excess SIPC will change to Customer Asset Protection Company ("CAPCO"), a licensed New York insurance company, Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to its securities customers, but does not apply to losses from the rise or fall in the market value of investments or to SIPC ineligible assets such as options, futures, foreign exchange transactions, or any investment contracts that are not registered as securities, 027 01/01/04;14:84 001 vars EFTA00197173

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/04;14:84 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197174

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO November 1, 2003 THROUGH November 28, 2003 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT October 31, 2003 PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING REPOY ACCRUED START DATE END DATE PRINCIPAL RATE INTEREST* NET AMOUNT 1/20) 989,000 1.070 267 990,267. TOTAL REPURCHASE TRANSACTIONS $1,267 $3,990,267.62 “As of sistement date The above postions do not appear in ary other section of this statement **e*** End of Statement™***** Please report any diference or nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, 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 11/29/03;10:54 001 vais EFTA00197175

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/2803;10:84 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197176

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING REPOY ACCRUED START DATE END DATE PRINCIPAL RATE INTEREST* NET AMOUNT 0/20) ,000,000 0.700 Li .000, 798. TOTAL REPURCHASE TRANSACTIONS $798 $3,000,798.33 "As of sistement date The above postions do not appear in any other section of this statement **e*** End of Statement™***** Please mport any difference cr nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD October 1, 2003 THROUGH October 31,2003 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT September 30, 2003 % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. 11/01/03;15:86 001 EFTA00197177

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/01/03;15:86 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197178

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com Important Message Waal deseloclslleanselil Bear Stearns is pleased to announce our conversion to a calendar month-end statement. Effective this month, your FINANCIAL TRUST CO INC account statement reflects all activity and account valuation up to and including the last business day of the C/O JEFFREY EPSTEIN month. 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD August 30,2003 THROUGH September 30, 2003 accor nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT August 29, 2003 PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING REFOY ACCRUED: START DATE END DATE PRINCIPAL RATE INTEREST* NET AMOUNT og729703 OPEN 4,396,000. 0.660. ~~ ~-169:~°~«~C~C*«‘i« TS TOTAL REPURCHASE TRANSACTIONS $169 —_ $4,396.169.73 “As of sistement date The above postions do not appear in any other section of this statement Please report any difference cr nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. 027 10/01/03;13:82 001 vaia EFTA00197179

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BEAR STEARNS 2 of 5 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Your messages ie INTRODUCING QUARTERLY STATEMENTS Effective October 2003, you will receive account statements on a quarterly basis only, Statements will generate at the end of March, June, September and December, The statements will reflect all activity throughout the quarter, since the last statement date. Your next statement will be December 2003 and will reflect all activity from October, November and December, Please contact your account executive with any questions, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO August 30,2003 THROUGH September 30, 2003 accout Nuecr TAXPAYER NUMBER Not Available LAST STATEMENT August 29, 2003 ZT Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2003 and July 31, 2003, the Company's net capital of approximately $2.4 billion and $3.0 billion was approximately 6% and 7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $799.5 million and $904.4 million by approximately $1.6 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 www.bearstearns.com, Alternatively, to request a free printed copy please call - toll free 1-866-299-9331, o27 10/01/03;13:82 001 vara EFTA00197180

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 3 of 5 ice 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 deposit in the margin account, * The firm can force the sale of securities or other assets in you 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 its "house" maintenance margin 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, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO August 30,2003 THROUGH September 30, 2003 accout Nuecr TAXPAYER NUMBER Not Available LAST STATEMENT August 29, 2003 TZ This statement is provided to explain Bear, Stearns & 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. 027 10/01/03;13:82 001 vara EFTA00197181

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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 Brooklyn, New York 11201-3859 STEARNS New York New York 10179 as a FINANCIAL TRUST CO INC 405 STATEMENT PERIOO August 30,2003 THROUGH September 30, 2003 account nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT August 29, 2003 ES Pursuant to SEC Rule 11Ac1-6, please note the following: Bear, Stearns & Co, Inc, will post its quarterly routing statistics at the following web link: http://www,bearstearns,com/, Click on Individual Investor, Click on Equities, Click on Order Routing Practices, Customers of Bear, Stearns & Co, Inc, may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders, * End of Statement** o27 10/01/03;13:82 001 vara EFTA00197182

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5 os STATEMENT BACKER IS PRINTED ON THIS PAGE 10/01/03;13:82 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197183

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com Important Message Hava deseloelsleanselil Bear Stearns is pleased to announce our conversion to a calendar month-endstatement. Effective September 2003, FINANCIAL TRUST CO INC your account staternent will reflect all activity and account valuation up to and including the last business day of the C/O JEFFREY EPSTEIN month. 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE? PURCHASE PRICE! PRICING REPO! ACCRUED START DATE END DATE PRINCIPAL RATE INTEREST* NET AMOUNT 29) 5,033,000 0.700 1 5, TOTAL REPURCHASE TRANSACTIONS $391 $5,033,391.46 “As of simtement date The above postions do not appear in any other section of this statement **e*** End of Statement™***** 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 This summary i 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 Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. 02? (08/3003;15:26 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD July 26, 2003 THROUGH August 29, 2003 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT July 25, 2003 vai2 EFTA00197184

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE (08/30103;15:26 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197185

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS GNMA GOVT BOND ww.bearstearns.com ACCOUNT EXECUTIVE VISIT OUR WEBSITE New York, New York 10179 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD June 28, 2003 THROUGH ACCOUNT NUMBER LAST STATEMENT FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 07/18/03 OPEN 6.040.000 0.700 TOTAL REPURCHASE TRANSACTIONS "As @ sistement date The above postions do not appear in any other section of this statement. **e*** End of Statement™***** 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. REPO! ACCRUED INTEREST* 1.139 $1,139 NET AMOUNT 6.041,139.21 $6,041,139.21 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 07/26103;12:01 001 vant July 25, 2003 TAXPAYER NUMBER Not Available June 27, 2003 EFTA00197186

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE (07/26/03;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197187

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS GNMA GOVT BOND ww.bearstearns.com ACCOUNT EXECUTIVE VISIT OUR WEBSITE Important Message 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. New York, New York 10179 FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 06/27/03 OPEN 5.400.000 0.720 TOTAL REPURCHASE TRANSACTIONS "As @ sistement date The above postions do not appear in any other section of this statement. **e*** End of Statement™***** Ploase mport any difference cr noe-roceigt 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. REPO! ACCRUED INTEREST* NET AMOUNT 324 5.400,324.00 $324 $5,400,324.00 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 CO INC STATEMENT PERIOO May 31,2003 THROUGH June 27, 2003 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT April 25, 2003 ‘This statemem should be retained for your records. See reverse side for important information. 027 (06/28/03;13:43 001 EFTA00197188

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE (06/28/03;13:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vaoa EFTA00197189

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS GNMA GOVT BOND ww.bearstearns.com ACCOUNT EXECUTIVE VISIT OUR WEBSITE New York, New York 10179 FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear,Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 04/17/03 OPEN 1,950,000 0.870 TOTAL REPURCHASE TRANSACTIONS “As of stxtement date The above postions do not appear in any other section of this statement. **e*** End of Statement™** Please report any difference or nomreceipt 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. REPOY ACCRUED INTEREST* NET AMOUNT 525 1,950.525.96 $525 $1,950,525.96 This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOG March 29, 2003 THROUGH April 25, 2003 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT March 28, 2003 ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 (04/26/03;14:23 001 EFTA00197190

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/2603;14:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC v643 EFTA00197191

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue BEAR STEARNS ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com What’s In This Statement Your Messages ,, New York, New York 10179 FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 03/21/03 OPEN 750,000 0.970 TOTAL REPURCHASE TRANSACTIONS “As of statement date ‘The above postions do not appear in any other section of this statement. Please report any difference or nomreceipt 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. REPOY ACCRUED INTEREST* NET AMOUNT 191 750,191.67 $191 $750,191.67 This summary bs for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO March 1,2003 THROUGH March 28, 2003 accout Nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT January 31, 2003 ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 0a/2903;14:11 001 EFTA00197192

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 2 of3 Your messages ‘i Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2002 and January 31, 2003, the Company's net capital of approximately $2.4 billion and $2.4 billion was approximately 7% and 7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $716.3 million and $684.1 million by approximately $1.7 billion and $1.7 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, **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 CO INC STATEMENT PERIOO March 1, 2003 THROUGH March 28, 2003 accout Nuecr TAXPAYER NUMBER Not Available LAST STATEMENT January 31, 2003 ZT Pursuant to SEC Rule 11Ac1-6, please note the following: Bear Stearns & Co, Inc, will post its quarterly routing statistics at the following web link: http://Wwww,bearstearns com’, Customers of Bear, Stearns & Co, Inc, may request information on any order executed within the prior six months from the time of the request, Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders, 027 (0a2903;14:11 001 V642 EFTA00197193

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE (0a2903;14:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC W642 EFTA00197194

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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 CO ING ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOO January 1, 2003 VISIT OUR WEBSITE www.bearstearns.com THROUGH January 31,2003 5 . ACCOUNT NUMBER FY What’s In This Statement | Pe | ery end eee TAXPAYER NUMBER Not Available Your Messages « 2 FINANCIAL TRUST CO INC LAST STATEMENT December 31,2002 C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear,Stearnsand Co. Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING REPO’ ACCRUED: START DATE END DATE PRINCIPAL RATE INTEREST* NET AMOUNT 01/30/03 OPEN 2,602,000 0.970 279 2,602,279.71 TOTAL REPURCHASE TRANSACTIONS $279 — $2,602,279.71 “As of statement date ‘The above postions do not appear in any other section of this statement Ploase mport any difference cr nom-roceigt of checks or stocks, indicated as dalivered to you, This summary is for informational purposes only. It Is not intended as a tax document % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. 027 02101/03;18:09 001 veso EFTA00197195

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 2 of3 Your messages LZ The interest, if any, charged to your account during December 2002 was computed on the net debit balance through December 30, The interest, if any, charged to your account during January 2003 is computed from December 31, 2002, (stor ****** End of Statement™***** A \ —— 027 02/01/03;18:09 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 1, 2003 THROUGH January 31, 2003 account nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT December 31, 2002 vé40 EFTA00197196

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 02101/03;18:09 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197197