Statements EFTA00197232

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OFFICE SERVICING YOUR ACCOUNT Bear,Stearns international LTD BEAR Regulated by the Security & Futures Authority S EARN S Londo T London E14 5AD England FINANCIAL TRUST COMPANY 0207 516 6614 ACCOUNT EXECUTIVE ZICHERMAN, IRA STATEMENT PERIOD January 26, 2002 TeepHone = THROUGH February 22, 2002 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What’s In This Statement Wasalbcsbeslslessahil TAXPAYER NUMBER Not Available Financial SUMMALY aes S FINANCIAL TRUST COMPANY LAST STATEMENT = lanumty 25, 2002 Transaction Detail sass 3 C/O AMERICAN YACHT HARBOR 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio ssvseessnnseesensessansennseenennssssnnesssssennsensenneeesenseessossaneees Cash & Equivalent —, $0 NET EQUITY THIS PERIOD 0 $64,418 svsusueneeereeensessnuateenetennnunteeensssssanuuueeeeseennuaneesssssaeennnensees $0 NET EQUITY LAST STATEMENT 22,291,918 Equities RRR $22,227,500 CHANGE SINCE LAST STATEMENT -22,291,918 4 Last statement's market value There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It is not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. oz? 02/22/02;13:08 001 vs27 EFTA00197233

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FINANCIAL TRUST COMPANY 2 of4 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 02/2302;13:08 001 vs27 EFTA00197234

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OFFICE SERVICING YOUR ACCOUNT Bear.Stearns International LTD BEAR Regulated by the Security & Futures Authority 1 Canada Square London E14 5AD England 0207 516 6614 FINANCIAL TRUST COMPANY 3 of4 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 : account xumccr = Cash Flow Analysis Cash Balance Summary SAXPAVER NUMER Not Avaliable THIS PERIOD ENING LOSING LAST STATEMENT January 25, 2002 OpeningBalance 6 Cash -776,276.41 0.00 Dividends/Interest 850.36 Margin 840,694.49 0.00 Miscellaneous 840,694.49 Net Cash Balance $64,418.08 $0.00 Amount Cr ited $841,544.85 Miscellaneous -905.962.93 sunenseennnenss ss senusneusenussauensenss ss sususunaussneusaanan sess onan ennee Income Summary Amount Debited sssouesenenesesseen toot eeee THIS PERIOD YEAR TO DATE Net Cash Activity -64.418.08 Credit Balance Int. 147.90 714.42 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/13/02 JOURNAL TOO INI TOO -850,000 JNL TO TOTAL o27 02/2302;13:08 001 v827 EFTA00197235

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OFFICE SERVICING YOUR ACCOUNT Bear.Stearns International LTD BEAR Regulated by the Security & Futures Authority STEARNS See London E14 5AD England 0207 516 6614 FINANCIAL TRUST COMPANY aoa STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER Not Available INTEREST LAST STATEMENT January 25, 2002 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 02/13/02 INTEREST ONCREDIT BALANCE ma 850.36 FIN TRUST | .CASH COLLAT IN 2002-01-22 TO 2002-02-12 TOTAL $850.36 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/13/02 JOURNAL JRL TO 64,565.98 JOURNAL INTEREST ON CREDIT BALANCE 702.46 ADJ INTEREST,FIN TRUST TOTAL $-905,962.93 $840,694.49 /—™ stop) ****** End of Statement****** \ / —— ro 027 02/2302;13:08 001 v827 EFTA00197236

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OFFICE SERVICING YOUR ACCOUNT Bear.Stearns International LTD BEAR repented ae Security & res STEARNS 1a end 0207 516 6614 ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE = www.bearstearns.com What's In This Statement Financial SUMMALY aes S Your Portfolio Holdings . » 4 Transaction Detail .. 4 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD §= 22,227,500 NET CREDIT BALANCE 64,418 NET EQUITY LAST STATEMENT 23,383,103 CHANGE SINCE LAST STATEMENT -1,091,185 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. FINANCIAL TRUST COMPANY C/O AMERICAN YACHT HARBOR 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio $64,418 Cash & Equivalent $8,103 | | Current market value 288] Last statements market value ‘This summary 5 for informational purposes only. It Is not intended as a tax document, FINANCIAL TRUST COMPANY STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT December 31,2001 ‘This statemem should be retained for your records. See reverse side for important information, 027 vs20 EFTA00197237

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FINANCIAL TRUST COMPANY 2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 01/2602;11:44 001 vs20 EFTA00197238

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OFFICE SERVICING YOUR ACCOUNT Bear.Stearns International LTD BEAR Regulated by the Security & Futures Authority STEARN S onan Et rer England 0207 516 6614 3 ofS Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $8,102.63 Cash 8,102.63 -776,276.41 Securities Sold 27,166,397.07 Margin 0.00 840.694.49 Didendeinterset 506.52 Net Cash Balance $8,102.63 $64,418.08 Miscellaneous 840,694.49 sessaneneneeensuuneenseesiesanmaneeneenneatanen siete eosueeeeessssantennunnteens Amount Credited $28,007,658.08 Securities Bought -27,943,240.00 Income Summary Miscellaneous -8,102.63 en. _YEAR TO DATE ssssseeseessonssssaeeeeennnnnnnnanssssessssauanasennnnennnneeeeess esses Credit Balance Int. 566.52 566.52 Amount Debited $-27,951.342.63 om yeuneennnnnnen |) aueeNNeNNNNNNNNNNONN F111 8H yennnnnnen 1) eenennnnnnnnes eae Total Net Cash Activity 56,315.45 Portfolio Composition Cash/Cash Equivalent 64.418 Equities 22,227,500 027 01/2602;11:44 001 FINANCIAL TRUST COMPANY STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT December 31,2001 Your Portfolio Allocation Cash & Equivalent <1% Equities 99% Unshaded portions denote debt balance andlor shot market values, The alocation percentage is derived from the absolite market value of your porttaio vs20 EFTA00197239

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OFFICE SERVICING YOUR ACCOUNT Bear.Stearns International LTD BEAR Regulated by the Security & Futures Authority STEARN S Hise) sua England 0207 516 6614 = of § Your Portfolio Holdings CASH & CASH EQUIVALENTS FINANCIAL TRUST COMPANY STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 accout nuvecr TAXPAYER NUMBER Not Available LAST STATEMENT December 31,2001 NAARKET ESTIMATED QURRENT DESCRIPTION ‘SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 64.418 TOTAL CASH & CASH EQUIVALENTS $64,418 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) TOO INC iele) CASH 850,000 26.1500 22,227,500 Total Equities& Options $22,227,500 $0 TOTAL EQUITIES $22,227,500 $0 YOUR PRICED PORTFOLIOHOLDINGS $22,291,918 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/08/02 JOURNAL CALL AT&T CORP = JAN17.50°*** 001957949 -7,540 EXP 2 To o27 01/2602;11:44 001 vs20 EFTA00197240

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OFFICE SERVICING YOUR ACCOUNT Bear.Stearns International LTD BEAR Regulated by the Security & Futures Authority 1 Canada Square STEARNS London E14 SAD England 0207 516 6614 FINANCIAL TRUST COMPANY 5 os STATEMENT PERIOO January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) aocot nce TAXPAYER NUMBER Not Available INVESTMENT ACTIVITY (continued) tas sTareucrer December 31,2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/23/02 JOURNAL AT T -754,000 13,971,620.00 vs PER FRANK 1384 OT25/08 EXPIRED CALL ATT CORP” JANT7'50 EXP 01/19/2002 02 BOUGHT : 7 754,000 1853000 I a M802 ss senenenenenene pu rennennnesesncurneenean sveneenenennan sus anpetnennanenaasisanin MOVE ASSIGNMENT [i JOURNAL ‘AiaT CORP ™ T 754,000 13'971.620.00 REV SPO IC ENTRY 1/23 TOTAL $-27,943,240.00 $27,166,397.07 19579A9 “T3'977620:00" Ore4i02" OTT) 13, DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 01/22/02 INTEREST ONCREDIT BALANCE | 566.52 T, Bb TE bo FOS obe beh TOTAL $566.52 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDXT AMOUNT JOURNAL JRL TO INTXS 8,102.63 JOURNAL To 840,694.49 TOTAL $-8,102.63 $840,694.49 027 01/2602;11:44 001 vS20 EFTA00197241