Statements EFTA00197201

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOD November 30,2002 VISIT OUR WEBSITE ww.bearstearns.com THROUGH December 31, 2002 account xumecr = Important Message || PP | ery end eee TAXPAYER NUMBER Not Available If any information regarding 2002interest, dividends, miscellaneous income, gross proceeds FINANCIAL TRUST CO INC Last sTaTeMENT Na 29,2002 or original issue discount is required to be teported to the IRS for this account, a C/O JEFFREY EPSTEIN Consolidated Form 1099will be mailed 6100 RED HOOK QUARTER to you by January 31,2003 or a 1042Sby SUITE B3 March 17,2003. 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 12/17/02 OPEN 4,557,000 0.800 1,913 4,558,913.94 TOTAL REPURCHASE TRANSACTIONS $1,913 $4,558,913.94 “As of statement date ‘The above postions do not appear in any other section of this siatement Please report any difference or 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 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. 11201-3869. 027 01/01/03;12:13 001 veas EFTA00197202

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a Your messages As part of the National Association of Securities Dealer's (NASD) Investor Education Program, you may obtain information on the NASD’s Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the intemet address which is www.nasdr.com, In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request. (stor ****** End of Statement™***** VY 027 2 of3 01/01/03;12:13 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO November 30, 2002 THROUGH December 31, 2002 accouvt Nuwecr I TAXPAYER NUMBER Not Available LAST STATEMENT November 29, 2002 véas EFTA00197203

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/03;12:13 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197204

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS a 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com 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 26, 2002 THROUGH November 29, 2002 accout nuwecr I | PP | Pry end eee TAXPAYER NUMBER Not Available FINANCIAL TRUST CO INC LAST STATEMENT October 25, 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 START DATE END DATE PRINCIPAL RATE 11/29/02 OPEN 3,574,000 1.000 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 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. REPOY ACCRUED INTEREST* NET AMOUNT 297 3,574,297.83 $297 $3,574.297.83 This summary is for informational purposes only. It fs not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 11/8002;17:00 001 veas EFTA00197205

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/3002;17:00 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197206

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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 WTEREST* NET AMOUNT 08/30/02 OPEN 9,400,000 1.430 22,040 9,422,040.39 392 TOTAL REPURCHASE TRANSACTIONS $23,264 $11,423,265.11 “As of ststement date ‘The above postions do not appear in any other section of this statement. STOP ****** End of Statement*™***** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 accouvt nuecr I TAXPAYER NUMBER Not Available LAST STATEMENT September 27, 2002 Please report any diterence cr nomreceipt of checks of stocks, indicated as dolivered 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 10/26/02;12:46 001 vea? EFTA00197207

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 102602;12:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197208

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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 CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOD August 31,2002 VISIT OUR WEBSITE — www.bearstearns.com THROUGH September 27, 2002 account xumecr = Important Message Macalbossleclalladil TAXPAYER NUMBER Not Available Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your FINANCIAL TRUST CO INC Last staTeMent August 30, 2002 account are being maintained to facilitate your intention to C/O JEFFREY EPSTEIN invest such amounts through us. 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements PURCHASE! REPURCHASE! PUACHASE PRICE! PRICING REPOY ACCRUED START DATE END DATE PRINCIPAL RATE INTEREST” NET AMOUNT 08/30/02 OPEN 9,400,000 1.460 11,551 9,411,551.56 OPEN TOTAL REPURCHASE TRANSACTIONS $12,108 $10,602,108.88 “AS of statement date ‘The above postions do not appear in any other section of this siatement. Please report any diference or nomracaipt 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 Metrolech Center North, Brooklyn, N.Y. 11201-3859, 02? 09/28/02;15:33 001 veae EFTA00197209

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BEAR STEARNS 2 of4 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 May 31, 2002 and July 31, 2002, the Company's net capital of approximately $2.5 billion and $2.0 billion was approximately 7% and 6% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $679.9 million and $644.8 million by approximately $1.8 billion and $1.3 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, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOG August 31,2002 THROUGH September 27, 2002 account numecr = TAXPAYER NUMBER Not Available LAST STATEMENT August 30, 2002 ZT 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 your account(s). > The firm can sell your securities or other assets without contacting you, > You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call, > The firm can increase 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, 027 09/2802;15:33 001 V6a6 EFTA00197210

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 3 of4 ie 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. ~*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 PERIOG August 31,2002 THROUGH September 27, 2002 accouvt Nuwecr I TAXPAYER NUMBER Not Available LAST STATEMENT August 30, 2002 TZ 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/bearstearns/individualinvestor/equititesord erroutingpractices, htm 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 09/2802;15:33 001 vea6 EFTA00197211

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4 oa STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2802;15:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197212

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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, Stearns& Co.Inc. outstanding as of date of statement PURCHASE! REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 08/30/02 OPEN 9.400,000.00 1.520000 TOTAL REPURCHASE AGREEMENTS *As of statement date The above postions do not appear in any other section of this stalement ****** End of Statement*™***** Please report any difference or nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Broolyn, N.Y. 11201-3659. REPOY ACCRUED INTEREST” NET AMOUNT 1,587.56 9,401,587.56 $9,401,587.56 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 PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuwecr I TAXPAYER NUMBER Not Available LAST STATEMENT July 26, 2002 ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 08/31/02;15:54 001 VE6E EFTA00197213

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/31/02;15:54 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197214

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS a 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE ww.bearstearns.com 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 29, 2002 THROUGH July 26, 2002 account xumccr = (EB || Pe | ery end eee TAXPAYER NUMBER Not Available FINANCIAL TRUST CO INC oer stares C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASES REPURCHASE! PURCHASE PRICE! PRICING START DATE END DATE PRINCIPAL RATE 07/26/02 OPEN 24.769.345.91 1.380000 TOTAL REPURCHASE AGREEMENTS *As of statement date The above postions do not appear in any other section of this stalement **ee** 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. 11201-3859. REPOY ACCRUED INTEREST” NET AMOUNT 2,848.47 24.772,194.38 $24,772,194.38 This summary is for informational purposes only. It fs not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 07/27102;19:47 001 VE65 EFTA00197215

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/27102;19:47 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00197216