Statements EFTA00197688

--=PAGE_BREAK=--

BEAR STEARNS ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. GREENBERG,ALAN C. www.bearstearns.com What’s In This Statement Financial SUMIMALY sessssesessssessasesesscsaniane Your Portfolio HOIdINGS ......ssssseesssseessees Transaction Detail ......sssssessseresseeerees Trades Not Yet Settled ........ssssssessesseeesene YOUr M@SSAQES ..,..seesessesessssesseseeaeasens Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD CHANGE SINCE LAST STATEMENT 3 4 5 5 7 18,116,298 Cash & Equivalent 738,561 Equities 674,926 $19,529,78 NET EQUITY LAST STATEMENT 20,844,363 -1,314,578 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nom-roceigt of checks or stocks, indicated as dalivered to you % Client San Corp at 800-634-1428; cr write to Clont Services at Bear, Steams Securities 11201-3859. INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio $1,413,487 $1,369,211 $18.116,298 $19,475,152 | | Current market value EG] Last statements market value This summary bs for informational purposes only. It Is not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD Novernber 30, 2002 THROUGH December 31,2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 Important Message if any information regarding 2002interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31,2003 or a 1042Sby March 17,2003. This statemem should be retained for your records. See reverse side for important information 027 01/01/03;09:30 001 véas EFTA00197689

--=PAGE_BREAK=--

STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/03;09:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 veas EFTA00197690

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT . BEAR Bear. Stearns & Co. Inc. «ou, sta sues STEARNS a. INSTITUTIONAL INTERESTS A/C #2 oe STATEMENT PERIOD Novernber 30, 2002 THROUGH December 31, 2002 . account numccr = Cash Flow Analysis Income Summary TAXPAYER MANGA On File THIS PERIOD THiS PERIOD YEAR TO DATE fs 5 LAST STATEMENT November 29, 2002 OpeningBalance $695,112.61 Dividends 44,203.12 287,026.95 seeennenes Credit Balance Int. 73.42 2,529.16 Money Fund 828.12 eet eeeeencsesaneen seen sees enees Total 276.54 Dividends/Interest 43,448.42 senvanenens wenenesses ance $44.2: Amount Credited Money Fund Portfolio Composition Cash/Cash Equivalent 1,413,487 Amount Debited 43,448.42 Equities 18,116,298 Closing Balance $738,561.03 $19,529,785 Your Portfolio Cash Balance Summary Allocation OPENING CLOSING Cash 695,112.61 738,561.03 seneeneneeneeseien snceueceucoseess ss encecnsescnceeacouoess ss sucseeccsecnscecncensses+ Cash & Equivalent— Net Cash Balance $695,112.61 $738,561.03 7% Equities 93% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. 027 01/01/03;09:30 001 veas EFTA00197691

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD Novernber 30, 2002 THROUGH December 31,2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (X) CASH BALANCE 738,561 BEAR STEARNS PRIME MONEY BSMXX 674,926.45 1.0000 674,926 8,774 1.3000 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,413,487 $8,774 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD |) AOL TIME WARNER INC AQL CASH 13.1000 655,000 AMERICAN INTERNATIONAL GROUP AIG CASH 57.8500 1,446,250 4,700 0.3250 INC aaa aaa hea enn SST LSS ESSE” LEST UGS CUCU SSS ESS CITIGROUP’ INC C CASH MACHINES CORP TYCO INTERNATIONAL LTD TY CASH 27.375. 35.1900 963.326 {9710 20460 027 01/01/03;09:30 001 véas EFTA00197692

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 oer STATEMENT PERIOD November 30,2002 THROUGH December 31,2002 Your Portfolio Holdings (continued) ————— TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 Equities & Options (continued) act NAARKET ESTIMATED CURRENT M7 ! DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) VIACOM INC-CL B VIAB CASH 22,200 40.7600 904,872 Total Equities& Options $18,116,298 $273,670 TOTAL EQUITIES $18,116,298 $273,670 YOUR TOTAL ESTIMATED ANNUAL INCOME $282,444 YOUR PRICED PORTFOLIOHOLDINGS $19,529,785 Transaction Detail MONEY FUND ACTIVITY DATE MOIDAY TRANSACTION DESCAIFTION SYMBOLOUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 11/30/02 OPENINGBALANCE 674,098.33 BEAR STEARNS PRIME MONEY 828.12 MARKET PORTFOLIO CL ¥ RECORD 11/29/02 PAY 11/2902 MARKET PORTFOLIO CL Y REINVEST PRICE $ 1.00 12/31/02 CLOSINGBALANCE 674,926.45 TOTAL $-828.12 $828.12 027 01/01/03;09:30 001 veas EFTA00197693

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 6 of? STATEMENT PERIOD November 30,2002 THROUGH Transaction Detail (continued) ACCOUNT NUMBER December 31,2002 TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUGUSIP QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 12/05/02 = PFIZER INC PFE 75,000 0.1300 9,750.00 REC 11/16/02 PAY 12/05/02 {SOS INTERNATIONAL BUSINESS” MACHINES CORP REC 11/08/02 PAY 12/10/02 {BOs JOHNSON E IGHNSON REC 11/19/02 PAY 12/10/02 ene nme nenenenenenene i ntnntntntnen se setnnnnny EK aR E10) INC REC 12/06/02 PAY 12/20/02 REC 12/06/02 PAY 12/27/02 TOTAL $43,375.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (4) CEBIT AMOUNT CREDIT AMOUNT 12/23/02 INTEREST ONCREDIT BALANCE 0.1250 73.42 AT © 1/8% 11/21 THRU 12/20 TOTAL $73.42 oz? 01/01/03;09:30 001 véas November 29, 2002 EFTA00197694

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT i" ities i] BEAR Bear. Stearns & Co- inc. : Steams Securities vt STEARNS INSTITUTIONAL INTERESTS AC #2 7 of? STATEMENT PERIOO November 30,2002 THROUGH December 31, 2002 . account numccr = Trades Executed Pending Settlement TAXPAYER NUMBER On File LAST STATEMENT November 29,2002 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/06/03 = 12/31/02 YCO INTERNATIONAL L’ Yl 12,500.00 17.0165 211,449.84 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT DISCRETIONARY ORDER “SOLD TYCO INTERNATIONAL LTO Te AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT DISCRETIONARY ORDER TOTAL $0.00 $424,579.63 “17.1509 "213,129.79 o106i03 12/31/02 The above trades co not appear in any athor section of this statement. 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. / \, (stoP] ****** End of Statement™***** V/ 027 01/01/03;08:30 001 veas EFTA00197695

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE What’s In This Statement www.bearstearns.com Financial SUMMA sass So Your Portfolio HOIGINGS vues 4 Transaction Detail .....sssssseeeneres 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD =19,475,152 NET CREDIT BALANCE 695,113 MONEY MARKET FUND BALANCE 674,098 $20,844,36. NET EQUITY LAST STATEMENT 20,244,221 600,141 NET EQUITY THIS PERIOD CHANGE SINCE LAST STATEMENT There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nee-roceigt of checks or sto © Client Senices at 800-634-1428; or write to Clem Sen Corp Brooklyn, MY. 112 01-3859. Bear. Stearns & Co- inc. cks, indicated as delivered to you ees at Bear, Steams Securities Bear Staagns Secu “l Le INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 On File ACCOUNT NUMBER INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . TAXPAYER NUMBER LAST STATEMENT October 25, 2002 Market Value of Your Portfolio $1,369,211 $1,350,585 Cash & Equivalent $19,475,152 Equities $18,893,636 Current market value $B] Last statements market value This summary is for informational purposes only. it is mot intended as a tax document. This statemem should be retained for your records. See reverse side for important information 27 11/3002;14:28 001 veas EFTA00197696

--=PAGE_BREAK=--

2 of6 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/3002;14:28 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 veas EFTA00197697

--=PAGE_BREAK=--

BEAR STEARNS 3 of6 Cash Flow Analysis OpeningBalance Money Fund Dividends/interest Amount Credited Money Fund Amount Debited Closing Balance OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. Income Summary THIS PERIOD THiS PERIOD YEAR TO DATE $677,773.36 Dividends 18,529.01 242,823.83 — Credit Balance Int. 96.75 2,455.74 1,286.51 sesvanenen esennessss enna onesssvaeen esneessesauesnnesenaees $18,625.76 “1,286.51 Portfolio Composition ‘ $-1,286.51 Cash/Cash Equivalent 1,369,211 17,339.25 Equities 19,475,152 $695,112.61 $20,844,363 Cash Balance Summary Cash Net Cash Balance OPENING LOSING 677,773.36 695,112.61 $677,773.36 $695,112.61 027 11/3002;14:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 Your Portfolio Allocation Cash & Equivalent 6% _ Equities 94% Unshaded portions denote debt batance andicr short market valves. The alocation percentage is derved from the absohte market value of your portiotio veas EFTA00197698

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (X) CASH BALANCE 695,113 BEAR STEARNS PRIME MONEY BSMXX 674,098.33 1.0000 674,098 9437 1.3999 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,369,211 $9,437 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD |) AOL TIME WARNER INC AQL CASH 16.3700 818,500 AMERICAN INTERNATIONAL GROUP AIG CASH 65.1500 1,628,750 4,700 0.2886 INC SACS TS SSS TSE SNS SSS CITIGROUP’ INC C CASH MACHINES CORP TYCO INTERNATIONAL LTD TY CASH 27.375. 38.8800 1.064.340 {9.710 1.8579 027 11/3002;14:25 001 véas EFTA00197699

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 5 of 6 STATEMENT PERIOD October 26, 2002 THROUGH Novernber 29, 2002 Your Portfolio Holdings (continued) ————— TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 Equities & Options (continued) AcCT MAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLCUSIP mY QUANTITY PRICE VALUE __ ANNUAL INCOME YELD (%) VIACOM INC-CL B VIAB CASH 22,200 47.0100 1,043,622 Total Equities& Options $19,475,152 $267,670 TOTAL EQUITIES $19,475,152 $267,670 YOUR TOTAL ESTIMATED ANNUAL INCOME $277,107 YOUR PRICED PORTFOLIOHOLDINGS $20,844.363 Transaction Detail MONEY FUND ACTIVITY DATE MOIDAY TRANSACTION DESCAIFTION SYMBOLOUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/26/02 OPENINGBALANCE 672,811.82 1,286.51 BEAR STEARNS PRIME MONEY MARKET PORTFOLIO CL Y RECORD 10/31/02 PAY 10/31/02 MARKET PORTFOLIO CL Y REINVEST PRICE $ 1.00 11/29/02 CLOSINGBALANCE 674,098.33 TOTAL $-1,286.51 $1,286.51 027 11/3002;14:25 001 véas EFTA00197700

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 6 of 6 STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 Transaction Detail (continued) acco xumccr TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT October 25, 2002 DATE DESCRIPTION SYMBOUOUSIF QUANTITY RATE (8) DEBIT AMOUNT CAEDIT AMOUNT 11/04/02 TYCO INTERNATIONAL LTD TY 50,000 0.0125 625.00 REC 10/01/02 PAY 11/01/02 TTS PASCTER @ GAMBLE C6 REC 10/18/02 PAY 11/15/02 S302 CHGROUF ING” " ¢ 37/375" REC 11/04/02 PAY 11/22/02 ry a C4760 16,250.00 ii 0.1800" 492750 REC 10/28/02 PAY 11/25/02 TOTAL $17,242.50 INTEREST DATE DESCRIPTION SYMBOUGUSIP QUANTITY RATE (5) DEBIT AMOUNT CREDIT AMOUNT 11/21/02 INTEREST ONCREDIT BALANCE 0.1250 35.55 AT 0 1/8% 11/06 THRU 11/20 ATO % 10/21 THRU 11/05 TOTAL $96.75 [stop] **ee** End of Statement*** 027 11/30002;14:25 001 veas EFTA00197701

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS CCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary Your Portfolio Holdings . Transaction Detail ......s.ssssesseresseeerees nau fF Ww Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD = 18,893,636 NET CREDIT BALANCE 677,773 MONEY MARKET FUND BALANCE 672,812 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 18,475,552 CHANGE SINCE LAST STATEMENT 1,768,670 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase moport any diference or nceroceipt of checks or stocks, indicated as dollvered to you % Client Senices at 800-634-1428; cr write to Clont Services at Bear, Steams Securities Comp. Brooliyn, NY. 11207-3859. Cash & Equivalent INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio $1,350,585 $1,886,429 Current market value EG] Last statements market value This summary ts for informational purposes only. It bs not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities “ Dn INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 This statemem should be retained for your records. See reverse side for important information. 027 10/2602;10:31 001 vea? EFTA00197702

--=PAGE_BREAK=--

STATEMENT BACKER IS PRINTED ON THIS PAGE 10/2602;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 vea? EFTA00197703

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 3 of? Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD YEAR TO DATE OpeningBalance $89,122.74 Dividends 8,805.61 224,294.82 satorseorschanessennescnsannnnsasssssssssannessssssssssvessseneesssuessssone credit Balance Int. 955 2.96890 Securities Sold 677,690.50 ssarseneeneneeenssenssesssceeeeeeeenennnnsnsssnnsecien seseeenees seeee Money Fund 1,129,505.61 LR ccd Dividends! Interest 6,309.55 Amount Credited $1,813,505.66 . ae " Portfolio Composition Securities Bought 222,349.43 Cash/Cash Equivalent 1,350,585 Money Fund -2,505.61 Equities 18,893,636 Amount Debited $-1,224,855.04 PE ane seeeennennenee nes jaeeneenauaneenssssausaneunaunnanensnunnss yeneee Total $20,244,221 Net Cash Activity 588,650.62 Cash Balance Summary OPENING CLOSING Cash 89,122.74 677,773.36 Net Cash Balance $89,122.74 $677,773.36 027 10/26/02;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 Your Portfolio Allocation Cash & Equivalent— 6% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. vea? EFTA00197704

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (X) CASH BALANCE 677,773 BEAR STEARNS PRIME MONEY BSMXX 672,811.82 1.0000 672,812 11,371 1.6901 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,350,585 $11,371 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD |) AOL TIME WARNER INC AQL CASH 14.7000 735,000 AMERICAN INTERNATIONAL GROUP AIG CASH 65.4100 1,635,250 4,700 0.2874 INC SACS EEE ET STS ST SS SSS BBSTSSS UU USSU ELSSS CITIGROUP’ INC C CASH MACHINES CORP TYCO INTERNATIONAL LTD TY CASH 27.375. 35.7000 977.288 {9710 20168 027 10/26/02;10:31 001 véa? EFTA00197705

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 5 of? STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Your Portfolio Holdings (continued) accour wuccn ED TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYRE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) VIACOM INC-CLB VIAB CASH 22,200 45.6900 1,014,318 Total Equities& Options $18,893,636 $267,670 TOTAL EQUITIES $18,893,636 $267,670 YOUR TOTAL ESTIMATED ANNUAL INCOME $279,041 YOUR PRICED PORTFOLIOHOLDINGS $20,244,221 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/07/02 10/02/02 BOUGHT AMERICAN INTERNATIONAL GROUP AIG 5,000 57.35000 288,519.93 INC DISCRETIONARY ORDER BOUGHT BANK OF AMER CORP DISCRETIONARY ORDER MACHINES CORP TI 10/07/02 -36000 323,729.9 10K 027 10/26/02;10:31 001 véa? EFTA00197706

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 oer STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Transaction Detail (continued) account numccr = TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT September 27, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/24/02 10/21/02 SOLD VIACOM INC-CL B VIAB -14,800 46.06840 677,690.50 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT DISCRETIONARY ORDER AS OF 10/21/02 TOTAL $-1,222,349.43 $677,690.50 MONEY FUND ACTIVITY DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/28/02 OPENINGBALANCE 1,797,306.21 BEAR STEARNS PRIME MONEY MARKET PORTFOLIO CL ¥ RECORD 09/30/02 PAY 09/30/02 BEAR STEARNS PRIME MONEY MARKET PORTFOLIO CL ¥ REINVEST PRICE $ 1.00 BEAR STEARNS PRIME MONEY MARKET PORTFOLIO CL Y 2,505.61 2,505.61 CLOSINGBALANCE 672,811.82 $-2,505.61 $1,129,505.61 027 10/26/02;10:31 001 véa? EFTA00197707

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS SUBSIDIARY INSTITUTIONAL INTERESTS A/C #2 7 of? STATEMENT PERIOD September 28, 2002 THROUGH Transaction Detail (continued) October 25, 2002 account numccr (S TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT — Septemiber 27, 2002 DATE DESCRIPTION SYMBOUUSIF QUANTITY RATE (S$) DEBIT AMOUNT CAEDIT AMOUNT 10/01/02 MBNA CORP KAB 90,000 0.0700 6,300.00 REC 09/16/02 PAY 10/01/02 TOTAL $6,300.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY AATE (x) DEBIT AMOUNT CAEDIT AMOUNT 10/21/02 INTEREST ONCREDIT BALANCE 0.2500 9.55 AT © 1/4% 09/21 THRU 10/20 TOTAL $9.55 [stop] “*ee** End of Statement™***** 027 10726/02;10:31 001 ea? EFTA00197708

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE GREENBERG,ALAN C. www.bearstearns.com Financial Summary 0008 OE ne NEE en eee eee eee teenie 3 INSTITUTIONAL INTERESTS A/C #2 Your Portfolio Holdings 4 C/O FINANCIAL TRUST COMPANY Transaction Detail .....uscssseeeeenees 5 ATTN LARRY KEME . YOUr M@SSAQES .....sesssesessseessseteescneeiens 7 ,—_— Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD 16,589,123 Cash & Equivalent SVeae 149 NET CREDIT BALANCE 89,123 Equities MONEY MARKET FUND BALANCE 1,797,306 $16,589,123 $17,739,581 eeee Ho Current market value 18.475, $18,.475,55. {HBB Last statement's market value NET EQUITY LAST STATEMENT 19,585,730 1,110,179 NET EQUITY THIS PERIOD CHANGE SINCE LAST STATEMENT There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. y ditererce ce neerecaige of chacks of stocks, indicated as dallverad to you at 800-634-1428; of write to Clant Services at Bear, Steams Securities Brooklyn, N.Y. 1120-3859 This summary is for informational purposes only. It is mot intended as a tax document. This statemem should be retained for your records. See reverse side for important information. 027 09/28/02;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities vl INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 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. véa6 EFTA00197709

--=PAGE_BREAK=--

2 of 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2802;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 véa6 EFTA00197710

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT . BEAR Bear. Stearns & Co. Inc. «ou, sta sues STEARNS a. INSTITUTIONAL INTERESTS A/C #2 3 of@ STATEMENT PERIOO August 31,2002 THROUGH September 27, 2002 . account numccr = Cash Flow Analysis Income Summary TAXPAYER MANGA On File THIS PERIOD THiS PERIOD YEAR TO DATE SOS LAST STATEMENT August 30, 2002 OpeningBalance $51,671.45 Dividends 40,268.67 215,489.21 — Credit Balance Int. 11.29 2,349.44 Money Fund 2,828.67 eet eeeeencsesaneen seeeesssseunccecenneees Total $217,838.65 Dividends/interest 37,451.29 seve anneney Amount Credited $40,279.96 Money Fund -2,828.67 Portfolio Composition Cash/Cash Equivalent 1,886,429 Amount Debited 37,451.29 Equities 16,589,123 Closing Balance $89,122.74 $18,475,552 Your Portfolio Cash Balance Summary Allocation OPENING CLOSING Cash 51,671.45 89,122.74 essanssensensses +1 naacenssenssanssanasned 1s eesesesessenassesssasens1 snensnsesssessaccnsesed ts Cash & Equivalent— Net Cash Balance $51,671.45 $89.122.74 10% — Equities 90% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portiotio 027 09/2802;13:15 001 véa6 EFTA00197711

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. STEARNS 4 of8 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CASH BALANCE 89,123 BEAR STEARNS PRIME MONEY BSMXX 1,797,306.21 1.0000 1,797,306 30,015 1.6700 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,886,429 $30,015 EQUITIES Equities & Options AgCT MARKET ESTIMATED CURRENT DESCRETION SYMBOLICUSIP TwPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (4) AOL TIME WARNER INC AQL CASH 12.1200 606,000 AMERICAN INTERNATIONAL GROUP AIG CASH 55.2300 1,104,600 3,760 0.3404 INC CITIGROUP’ INC C CASH 27.375. 29.0200 794.423 {9710 24Bi0 MACHINES CORP TYCO INTERNATIONAL LTD TY CASH 027 09/2802;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD August 31, 2002 September 27, 2002 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT v6a6 August 30, 2002 EFTA00197712

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 5 of@ Your Portfolio Holdings (continued) Equities & Options (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOO August 31,2002 THROUGH September 27, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP ™ QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) VIACOM INC-CLB VIAB CASH 37,000 42.5700 1,575,090 Total Equities& Options $16,589,123 $243,930 TOTAL EQUITIES $16,589,123 $243,930 YOUR TOTAL ESTIMATED ANNUAL INCOME $273,945 YOUR PRICED PORTFOLIOHOLDINGS $18,475,552 Transaction Detail MONEY FUND ACTIVITY DATE MO/DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT (CREDIT AMOUNT 08/31/02 OPENINGBALANCE 1,794,477.54 sss ssp mm nnn nnn rns SEES MARKET PORTFOLIO CL Y RECORD 08/30/02 PAY 08/30/02 MARKET PORTFOLIO CL Y REINVEST PRICE $ 1.00 09/27/02 CLOSINGBALANCE 1,797,306.21 TOTAL $-2.828.67 $2,828.67 09/2802;13:15 001 v6a6 EFTA00197713

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 6 of8 STATEMENT PERIOO August 31,2002 THROUGH Transaction Detail (continued) ACCOUNT NUMBER September 27, 2002 TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUGUSIP QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 09/05/02 PFIZER INC PFE 75,000 0.1300 9,750.00 REC 08/16/02 PAY 09/05/02 "INTERNATIONAL BUSINESS MACHINES CORP REC 08/09/02 PAY 09/10/02 10/02 JOHNSON S IGHNSON REC 08/20/02 PAY 09/10/02 ene amp nenenenenenene i ntnnentntntn se sennnnney FOa60"" "OASGG INC REC 09/06/02 PAY 09/20/02 REC 09/06/02 PAY 09/27/02 TOTAL $37,440.00 INTEREST OATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) DEBIT AMOUNT CAEDIT AMOUNT 09/23/02 INTEREST ONCREDIT BALANCE 0.2500 11.29 AT 0 1/4% 08/21 THRU 09/20 TOTAL $11.29 027 09/2802;13:15 001 v6a6 August 30, 2002 EFTA00197714

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. STEARNS 7 of6 Your messages ie 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 xn) i i INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 accout Nuecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 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;13:15 001 v6a6 EFTA00197715

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. STEARNS 8 of6 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. /—™ (stop) ****** End of Statement*™***** / — CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) i o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 TS 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;13:15 001 v6a6 EFTA00197716

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY .....eeeseeeeees D Your Portfolio HOIGINGS ...sesserseee 4 Transaction Detail ......seseesersees 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD =: 17,739,581 NET CREDIT BALANCE 51,671 MONEY MARKET FUND BALANCE 1,794,478 $19,585,73) NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 17,673,826 1,911,904 CHANGE SINCE LAST STATEMENT There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nee-roceigt of checks or sto © Client Senices at 800-634-1428; or write to Clem Sen Corp Brooklyn, MY. 112 01-3859. Bear. Stearns & Co- inc. cks, indicated as delivered to you ees at Bear, Steams Securities Bear Steams Sec: Co 1 De INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 On File ACCOUNT NUMBER TAXPAYER NUMBER INSTITUTIONAL INTERESTS AIC #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . LAST STATEMENT duly 26, 2002 Market Value of Your Portfolio ' 846,149 Gash & caalnt AL $3,037,258 Equities $17,739,581 $14,636,568 Current market value $B] Last statements market value This summary is for informational purposes only. It is mot ietended as a tax document. This statemem should be retained for your records. See reverse side for important information. 27 08/31/02;13:23 001 S66 EFTA00197717

--=PAGE_BREAK=--

2 of 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/31/02;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 EFTA00197718

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS Cash Flow Analysis THIS PERIOD $1,035.294.02 OpeningBalance Securities Sold 65,545.86 Money Fund 213,549.14 Dividends/ Interest 16,826.29 Miscellaneous 27.90 $295,949.19 -1,276,540.62 Amount Credited Securities Bought Money Fund -3,031.14 $-1,279,571.76 -983,622.57 Amount Debited Cash Balance Summary OPENING CLOSING Cash 1,035,294.02 51,671.45 Net Cash Balance $1,035,294.02 $51,671.45 3 of8 Income Summary THiS PERIOD YEAR TO DATE Dividends 19,648.64 175,220.54 Credit Balance Int. 208.79 2,338.15 Total $177,558.69 Portfolio Composition Cash/Cash Equivalent 1,846,149 Equities 17,739,581 ' Total $19,585,730 027 08/31102;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 Your Portfolio Allocation Cash & Equivalent— 9% — Equities 91% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. VS66 EFTA00197719

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 4 of8 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE 51,671 BEAR STEARNS PRIME MONEY BSMXX 1,794,477.54 1.0000 1,794,478 30,506 1.7000 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $1,846,149 $30,506 EQUITIES Equities & Options ACCT WAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} AOL TIME WARNER INC AOL CASH 50,000 12.6500 632,500 AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 62.8000 1,256,000 3,760 0.2994 INC SRE r ranean ann SS 808 see se ST CITIGROUP INC c CASH 27,375 32.7500 896,531 2.1985 0.6210 0.7960 GOLDMAN SACHS GROUP ING Gs CASH 42,000 773000 927,600 INTERNATIONAL BUSINESS iat CASH 40.000 "78.3800 753.800 MACHINES CORP MBNA CORP KRB CASH 90,000 20.2000 1,818,000 25,200 1.3861 027 08/31102;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOO July 27,2002 THROUGH ACCOUNT NUMBER August 30, 2002 TAXPAYER NUMBER On File LAST STATEMENT VS66 July 26, 2002 EFTA00197720

--=PAGE_BREAK=--

Your Portfolio Holdings (continued) Equities & Options (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT uns vities a Bear. Stearns & Co- inc. Z Steams Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRIKE VALUE __ ANNUAL INCOME YELD (%} VIACOM INC-CL B VIAB CASH 37,000 40.7000 1,505,900 Total Equities& Options $17,739,581 $243,930 TOTAL EQUITIES $17,739,581 $243,930 YOUR TOTAL ESTIMATED ANNUAL INCOME $274,436 YOUR PRICED PORTFOLIOHOLDINGS $19,585,730 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/20/02 08/15/02 BOUGHT AOL TIME WARNER INC AOL 50,000 12.00000 605,621.90 DISCRETIONARY ORDER : grape cr es omnnnmnnne yess 28% DISCRETIONARY ORDER CORP CLASS B WHEN, AS & IF ISSUED TI 027 08/31102;13:23 001 VS66 EFTA00197721

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. STEARNS 6 of8 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION 08/21/02 08/20/02 TRAVELERS PROPERTY CASUALTY CORP CLASS B WHEN-ISSUE RESCINDED DISCRETIONARY ORDER TO CXL PREVIOUS SELL BABII BROS RSE TRAVELERS BROBEBRYERSURLA Tey RBigceeees CORP CLASS B WHEN, AS & IF ISSUED DISCRETIONARY ORDER AS OF 08/20/02 OeSaOS" ORIZO02" SOLE CORP CLA DISCRETIONARY ORDER OaSEOS O8IS7 TRAVELERS PAGRERTY CASUALTY CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 2,429 18.74000 1735000 2027068 TRAVELERS PROPERTY CASUALTY CORP CLA SPINOFF ON 27375 SHS CITIGROUP INC SPINOFF FROM SEC # 0007878 2 SPINOFF ON 27375 SHS CITIGROUP INC SPINOFF FROM SEC # COO7878 REC 08/08/02 PAY 08/20/02 CORP CLASS B WHEN-ISSUE EXTENDED DISCRETIONARY ORDER AS OF 08/20/02 08/2602 08/20/02 SOLD TRAVELERS PROPERTY CASUALTY -2,429 18.74000 45,275.18 TOTAL $-1,.276,540.62 $65,545.86 027 08/31102;13:23 001 VS66 EFTA00197722

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 7 of6 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT July 26, 2002 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE CESIT AMOUNT CREDIT AMOUNT 07/27/02 OPENINGBALANCE 2.001 ,964.40 REINVEST BEAR STEARNS PRIME MONEY BSMiKx 3,031.14 3,031.14 MARKET PORTFOLIO CL ¥ MARKET PORTFOLIO CL Y 08/30/02 CLOSINGBALANCE 1,794,477.54 TOTAL $-3,031.14 $213,549.14 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY AATE ($) CEBIT AMOUNT CREDIT AMOUNT 08/15/02 PROCTER & GAMBLE CO PG 25,000 0.4100 10,250.00 REC 07/19/02 PAY 08/15/02 REC 08/05/02 PAY 08/23/02 REC 07/30/02 PAY 08/29/02 TOTAL $16,617.50 027 08/31102;13:23 001 VS66 account numccr (S EFTA00197723

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 8 of 8 Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities vl INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 account numccr (S TAXPAYER NUMBER On File INTEREST LAST STATEMENT — July 26, 2002 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 08/21/02 INTEREST ONCREDIT BALANCE 0.2500 208.79 AT 0 1/4% 07/21 THRU 08/20 TOTAL $208.79 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/30/02 CASH-LIEU TRAVELERS PROPERTY CASUALTY 11.44 CORP CL A CASH IN LIEU OF .71767 CITIGROUP INC REC 08/09/02 PAY 08/20/02 SPINOFF FROM SEC # C007878 TRAVELERS PROPERTY CASUALTY CORP CLASS B CASH IN LIEU OF 95817 CITIGROUP INC REC 08/08/02 PAY 08/20/02 SPINOFF FROM SEC # C007878 02 CASH-LIEU TOTAL $27.90 [stop] **e*** End of Statement*™***** 08/31/02;13:23 001 VS66 EFTA00197724

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS CCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary Your Portfolio Holdings . Transaction Detail ......s.ssesssesserssseeerees ou fF Ww Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 14,636,568 NET CREDIT BALANCE 1,035,294 MONEY MARKET FUND BALANCE 2,001,964 6 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 20,316,814 CHANGE SINCE LAST STATEMENT -2,642,.988 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase moport any diference or nceroceipt of checks or stocks, indicated as delivered to you es at Bear, Steams Securities % Client Senices at 800-604-1428; cr write to Chant Corp Broollyn, N.Y. 11207-3859, INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio ' $3,037,258 Cash & Equivalent A ss.0972 Current market value ERB] Last statements market value This summary bs for informational purposes only. It Is not imended as a tax document. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities “ De INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOO June 29, 2002 THROUGH duly 26, 2002 account numecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 This statemem should be retained for your records. See reverse side for important information. 027 O7/2702;17:22 001 EFTA00197725

--=PAGE_BREAK=--

2 of6 STATEMENT BACKER IS PRINTED ON THIS PAGE O7/2702;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 EFTA00197726

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 3 of 6 Cash Flow Analysis THIS PERIOD OpeningBalance $207,043.26 Securities Sold 822,177.88 Money Fund 1,964.40 Dividends/ Interest 6,072.88 Amount Credited $830,215.16 Money Fund -1,964.40 Net Cash Activity 828,250.76 Closing Balance $1,035.294.02 Cash Balance Summary OPENING CLOSING Cash 207,043.26 1,035,294.02 Net Cash Balance $207,043.26 $1,035,294.02 Income Summary THS PERIOD YEAR TO DATE Dividends 7,964.40 155,571.90 Credit Balance Int. 72.88 2,129.36 Portfolio Composition Cash/Cash Equivalent 3,037,258 Equities 14,636,568 027 O7/2702;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 Your Portfolio Allocation Cash & Equivalent 18% Equities 82% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. VS65 EFTA00197727

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE 1,035,294 BEAR STEARNS PRIME MONEY BSMXX 2,001 ,964.40 1.0000 2,001,964 35,435 1.7700 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $3,037,258 $35,435 EQUITIES Equities & Options ACCT WAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 56.8200 1,136,400 3,760 0.3309 INC CITIGROUP INC c CASH 30.7400 841,508 19,710 2.3422 GOLDMAN SACHS GROUP INC 69.5800 834,960 5,760 0.6899 66.4000 664,000 6.000 INTERNATIONAL BUSINESS 0.9036 MACHINES CORP JOHNSONS JOHNSON JNJ CASH 50,000 49.6100 2,480,500 41,000 1.6529 MBNA CORP KRB CASH 17.2500 1.552.500 25.200 1.6232 PFIZER ING PFE GASH 75,000 29.4600 2.209.500 39.000 1.7651 VIACOM INC-CL B VIAB CASH 37,000 34.3500 1,270,950 Total Equities& Options $14,636,568 $241,430 TOTAL EQUITIES $14,636,568 $241,430 oz? 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD June 29, 2002 THROUGH ACCOUNT NUMBER July 26, 2002 TAXPAYER NUMBER On File LAST STATEMENT VS65 June 28, 2002 EFTA00197728

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co_ Inc. = ans Securities a STEARNS INSTITUTIONAL INTERESTS A/C #2 5 of6 STATEMENT PERIOD June 29, 2002 THROUGH duly 26, 2002 account numccr (S TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT June 28, 2002 YOUR TOTAL ESTIMATED ANNUAL INCOME $276,865 YOUR PRICED PORTFOLIOHOLDINGS $17,673,826 Transaction Detail INVESTMENT ACTIVITY TRADE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT o7izo2 070902 SOD .||é##WEMH WE #2000 3972150 474,243.65 COM AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT DISCRETIONARY ORDER OFTSOR” OFTEIOS BOUGHT MBNA CORP KRG 36606 STK SPLIT ON 60000 SHS REC 07/01/02 PAY 07/15/02 COM AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT TOTAL $822,177.88 027 O7/2702;17:22 001 S65 EFTA00197729

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT . BEAR Bear. Stearns & Co. Inc. «ou, sta sues STEARNS a. INSTITUTIONAL INTERESTS A/C #2 6 of6 STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) TAXPAYER NUMBER On File MONEY FUND ACTIVITY LAST STATEMENT June 28, 2002 DATE MONDAY TRANSACTION DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/29/02 OPENINGBALANCE 2,000,000 a ie RECORD 06/28/02 PAY 06/28/02 (02 REINVEST 1,964.40 1,964.40 BEAR STEARNS PRIME MONEY MARKET PORTFOLIO CL Y REINVEST PRICE $ 1.00 07/26/02 CLOSINGBALANCE 2,001 ,964.40 TOTAL $-1,964.40 $1,964.40 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 07/01/02 MBNA CORP KRAB 60,000 0.1000 6,000.00 REC 06/14/02 PAY 07/01/02 TOTAL $6,000.00 INTEREST OATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CERT AMOUNT CAEDIT AMOUNT 07/22/02 INTEREST ONCREDIT BALANCE 0.2500 72.88 AT 0 1/4% 06/21 THRU 07/20 TOTAL $72.88 027 07/27102;17:22 001 VE65 account numccr (S EFTA00197730

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS CCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary Your Portfolio Holdings . Transaction Detail .......sssssssessesesesenraes nau & Ww Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 18,109,771 Cash & Equivalent NET CREDIT BALANCE 207,043 MONEY MARKET FUND BALANCE 2,000,000 4 NET EQUITY LAST STATEMENT 21,568,112 NET EQUITY THIS PERIOD CHANGE SINCE LAST STATEMENT -1,251,298 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any diference or nceroceipt of checks or stocks, indicated as dollvered to you % Client Senices at 800-634-1428; cr write to Clont Services at Bear, Steams Securities Comp. Broollyn, NY. 11207-3859. INSTITUTIONAL INTERESTS AIC #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio $2,207,043 $1,446,139 Current market value ERB] Last statements market value This summary is for informational purposes only. It bs not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities ol Le INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD June 1, 2002 THROUGH dune 28, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT May 31, 2002 This statemem should be retained for your records. See reverse side for important information. 027 06/2902;10:49 001 VS63 EFTA00197731

--=PAGE_BREAK=--

STATEMENT BACKER IS PRINTED ON THIS PAGE 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 EFTA00197732

--=PAGE_BREAK=--

BEAR OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. STEARNS 3 of? Cash Flow Analysis OpeningBalance Securities Sold Dividends/interest Money Fund THIS PERIOD $1,446.139.08 717,799.46 43,104.72 Amount Credited $760,904.18 -2,000,000.00 Net Cash Activity -1,239,095.82 Closing Balance Cash Balance Summary OPENING CLOSING Cash 1,446,139.08 207,043.26 Net Cash Balance $1,446.139.08 $207,043.26 Income Summary THiS PERIOD YEAR TO DATE Dividends 42,860.00 147,607.50 Credit Balance Int. 244.72 2,056.48 Total $149,663.98 Portfolio Composition Cash/Cash Equivalent 2,207,043 18,109,771 Equities $20,316,814 027 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT May 31, 2002 Your Portfolio Allocation Cash & Equivalent—, 10% — Equities 90% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. V563 EFTA00197733

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CASH BALANCE 207,043 BEAR STEARNS PRIME MONEY BSMXX 2,000,000 1.0000 2,000,000 35,600 1.7800 MARKET PORTFOLIO CL ¥ DIVIDEND REINVESTED TOTAL CASH & CASH EQUIVALENTS $2,207,043 $35,600 EQUITIES Equities & Options ACCT WAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 68.2300 1,364,600 3,760 0.2755 INC BANK OF AMER CORP BAC CASH 70.3600 1.759.000 60.000 3.410 118581 "38.7500 1.060,781 19.710" 73.3500 880,200 5,760 0.6544 CITIGROUP INC C CASH GOLDMAN SACHS GROUP INC INTERNATIONAL BUSINESS MACHINES CORP JOHNSONS JOHNSON JNJ CASH 50,000 52.2600 2,613,000 41,000 1.5691 ™"72:0000 720.000 6.000 0.8333 33.0700 1.984.200 24.000 1.2096 1.4857 MBNA CORP KRB CASH 027 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD June 1, 2002 THROUGH ACCOUNT NUMBER June 28, 2002 TAXPAYER NUMBER On File LAST STATEMENT V563 May 31, 2002 EFTA00197734

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Your Portfolio Holdings (continued) a TAXPAYER NUMBER On File Equities & Options (continued) LAST STATEMENT = May 31, 2002 ACCT MAARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%) WYETH WwYE CASH 24,000 51.2000 1,228,800 22.080 1.7969 com Total Equities& Options $18,109,771 $259,310 TOTAL EQUITIES $18,109,771 $259,310 YOUR TOTAL ESTIMATED ANNUAL INCOME $294,910 YOUR PRICED PORTFOLIOHOLDINGS $20,316,814 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/06/02 06/03/02 BOUGHT SMUCKER JM COMPANY SJM 500 NEW SPINOFF ON 25000 SHS PROCTER & GAMBLE CO SPIN-OFF F/R P748365 REC 05/29/02 PAY 06/03/02 RTT TMM TCT Mo Ts RRR TTT Leo 7 a SY ae, nT ;) 7. aaa TeX | NEW AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT suennenngnnen css eugenneenennennaengen (11s aunesuengesgeegenngnn (1s auennnennesnengengenn 111 s0eeueeuennnennengene 110 g0engengeenengennnnne (111 Q0nunesnesgengenonsen 111s guenenennnennengenen | 11 gengenaeenenannnnngen 1111 aunnesnenaesaeeoenagn {11s augenaeenneneengenens 111 euaenaeenenaeeneeggyy 027 06/2902;10:49 001 VS63 EFTA00197735

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 6 of? Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD June 1, 2002 THROUGH ACCOUNT NUMBER June 28, 2002 TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/07/02 06/04/02 SOLD BRISTOL MYERS SQUIBB CO BMY -25,000 28.21220 700,526.32 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT DISCRETIONARY ORDER TOTAL $717,799.46 MONEY FUND ACTIVITY DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/01/02 OPENINGBALANCE 0.00 BEAR'STEART MAE HAC MARKET PORTFOLIO CL Y 06/28/02 CLOSINGBALANCE 2,000,000 TOTAL $-2,000,000.00 DIVIDENDS DATE DESCRIPTION SYMBOUOUSIF QUANTITY RATE (8) DEBIT AMOUNT CAEDIT AMOUNT 06/03/02 WYETH WYE 24,000 0.2300 5,520.00 com REC 05/13/02 PAY 06/01/02 REC 05/17/02 PAY 06/06/02 75000 RE IW10) 027 06/2902;10:49 001 V563 EFTA00197736

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 7 of? STATEMENT PERIOD June 1, 2002 THROUGH dune 28, 2002 Transaction Detail (continued) acco xumccr TAXPAYER NUMBER On File DIVIDENDS (continued) LAST STATEMENT May 31, 2002 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 06/10/02 INTERNATIONAL BUSINESS IBM 10,000 0.1500 1,500.00 MACHINES CORP REC 05/10/02 PAY 06/10/02 OS JOHNSONE JOHNSON evevnneveannennennnnnicenennennnnessennennengvn annem snnnennnnnnn is nenninnnnen ena ,000 0. REC 05/21/02 PAY 06/11/02 O6/T4i02 AMERICAN INTERNATIONAL” GROUP AG 26,000 0.6420 840.00 INC REC 06/07/02 PAY 06/14/02 er REC 06/07/02 PAY 06/28/02 TOTAL $42,860.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) DEBIT AMOUNT CREDIT AMOUNT 06/21/02 INTEREST ONCREDIT BALANCE 0.2500 244.72 AT 0 1/4% 05/21 THRU 06/20 TOTAL $244.72 \ (stop) “*e*** End of Statement™***** 027 06/2902;10:49 001 VS63 EFTA00197737

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY sass S Your Portfolio HOIGINGS vues So Transaction Detail .....uscssseeneneres 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD §=©.20,121,973 NET CREDIT BALANCE 1,446,139 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 21,847,728 CHANGE SINCE LAST STATEMENT -279,616 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Pioase mmport any ditcrence or noe-racaigt of chocks or sto % Client Sanioes at 800-624-1428; of write to Clan! Se Corp. Brooklyn. N.Y. 11207-3859, Cash & Equivalent cks, indicated as delivered to you ees at Bear, Steams Securities INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio $1,446,139 $1,422,974 Current market value EBB] Last statements market value This summary bs for informational purposes only. It Is not intended as a tax document. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, St OC “l Dn INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT April 26, 2002 This statemem should be retained for your records. See reverse side for important information. 27 0601/02;15:46 001 EFTA00197738

--=PAGE_BREAK=--

2 of5 STATEMENT BACKER IS PRINTED ON THIS PAGE 0601/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 vs59 EFTA00197739

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 3 ofS Cash Flow Analysis THIS PERIOD OpeningBalance Net Cash Activity 23,165.32 Closing Balance $1,446,139.08 Cash Balance Summary OPENING CLOSING Cash 1,422,973.76 1,446,139.08 $1,422,973.76 $1,446,139.08 Net Cash Balance Your Portfolio Holdings CASH & CASH EQUIVALENTS Income Summary THiS PERIOD YEAR TO DATE Dividends 22,867.50 104,747.50 Credit Balance Int. 297.82 1,811.76 Total $23,165.32 $106,559.26 Portfolio Composition Cash/Cash Equivalent 1,446,139 Equities 20,121,973 Total $21,568,112 MARKET ESTIMATED §— CURRENT DESCRIPTION SYMBOLICUSIP PRICE VALUE ANNUAL INCOME YELD (%} CASH BALANCE 1,446,139 TOTAL CASH & CASH EQUIVALENTS $1,446,139 o27 06101102;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT April 26, 2002 Your Portfolio Allocation Cash & Equivalent— 6% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. v559 EFTA00197740

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 405 Your Portfolio Holdings (continued) EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD ('} AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 66.9700 1,339,400 3,760 0.2807 IN CITIGROUP” ING ¢ GASH GOLDMAN SACHS GROUP INC Gs CASH INTERNATIONAL BUSINESS IBM CASH 75.4500 305.400 | 80.4500 804.500 6,000 0.7458 0.6362 MACHINES CORP JOHNSON& JOHNSON PFIZER INC CASH 75,000 34.6000 2,595,000 39,000 1.5029 PROCTER & GAMBLE CO ™ CASH 25,000 89.5500 2,238,750 38000 48.9600 1.811.520 VIACOM ING-CL B ViAB CASH 37,000 WYE CASH 24,000 55.5000 1,332,000 22,080 1.6577 Total Equities& Options $20,121,973 $287,310 TOTAL EQUITIES $20,121,973 $287,310 YOUR TOTAL ESTIMATED ANNUAL INCOME $287,310 YOUR PRICED PORTFOLIOHOLDINGS $21,568,112 027 06/01/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities vt INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD April 27,2002 THROUGH ACCOUNT NUMBER May 31, 2002 TAXPAYER NUMBER On File LAST STATEMENT v559 April 26, 2002 EFTA00197741

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 5 of 5 STATEMENT PERIOD April 27,2002 THROUGH Transaction Detail May 31, 2002 account numccr (S TAXPAYER NUMBER On File DIVIDENDS LAST STATEMENT — April 26, 2002 DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (8) DEBIT AMOUNT CAEDIT AMOUNT 05/01/02 BRISTOL MYERS SQUIBB CO BMY 25,000 0.2800 7,000.00 REC 04/05/02 PAY 05/01/02 OS/1Si02 PROCTER & GAMBLE CO REC 04/19/02 PAY 05/15/02 ry a 0.3800 REC 05/06/02 PAY 05/24/02 05/30/02 GOLDMAN SACHS GROUP INC Gs 12,000 0.1200 1,440.00 REC 04/30/02 PAY 05/30/02 TOTAL $22,867.50 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (%) DEBIT AMOUNT CREDIT AMOUNT 05/21/02 INTEREST ONCREDIT BALANCE 0.2500 297.82 AT 0 1/4% 04/21 THRU 05/20 TOTAL $297.82 f—™. (stoP] **e*** End of Statement™***** \ / —/ 027 0601/02;15:46 001 VS59 EFTA00197742

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY aise S Your Portfolio HOIGINGS ...sesereserens 4 Transaction Detail .....usssseeeenneres 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 20,424,754 NET CREDIT BALANCE 1,422,974 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 23,210,702 CHANGE SINCE LAST STATEMENT -1,362,974 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Pioase report any ditcrence or nomracaigt of chocks or sto %© Client Sanioes at 800-624-1428; of write to Clan! Se Corp. Brooklyn. N.Y. 11207-3859, Cash & Equivalent cks, indicated as delivered to you ees at Bear, Steams Securities INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio $1,422,974 $1,255,202 Current market value $B] Last statements market value This summary bs for informational purposes only. it Is not intended as a tax document. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, St OC “l De INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT March 28, 2002 This statemem should be retained for your records. See reverse side for important information 27 04/27/02;12:01 001 EFTA00197743

--=PAGE_BREAK=--

2 of6 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/27/02;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 VS57 EFTA00197744

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 3 of6 Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD YEAR TO DATE OpeningBalance $1,255,201.69 Dividends 6,000.00 81,880.00 veer Credit Balance Int. 322.06 1,513.94 Securities Sold 161,450.01 see recenees aeneanssss annens Total Dividends/interest 6,322.06 seve anneney Amount Credited $167,772.07 Net Cash Activity 167,772.07 Portfolio Composition Closing Balance $1,422,973.76 Cash/Cash Equivalent 1,422,974 Equities 20,424,754 $21,847,728 Cash Balance Summary OPENING CLOSING Cash 1,255,201.69 1,422,973.76 027 04/27/02;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities vl INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT March 28, 2002 Your Portfolio Allocation Cash & Equivalent 6% _ Equities 94% Unshaded portions denote debt balance andlor short market valves. The alocation percentage is derved from the absohte market value of your portioiio. VS67 EFTA00197745

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS DAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 1.422.974 TOTAL CASH & CASH EQUIVALENTS $1,422,974 EQUITIES Equities & Options ACCT MARKET ESTIMATED (CURRENT DESCRIETION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (') AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 68.7100 1,374,200 3,360 0.2445 INC BANK OF AMER CORP BAC BRISTOL MYERS SQUIBB CO BMY CASH CITIGROUP INC c CASH 27,375 43.0500 1,178,494 19,710 "393200 733,000 28.000. GOLDMAN SACHS GROUP INC 6s CASH 42,000" 79"1500 949,800 INTERNATIONAL BUSINESS iat CASH 10.000 84.7100 847-100 $600 0.6611 MACHINES CORP JOHNSON& JOHNSON JNJ CASH 50,000 63.6100 3,180,500 41,000 ‘ 1.2891 MBNA CORP KRB CASH 60,000 35.2600 2.115.600 24.000 PFIZER ING PFE GASH 75,000 36.7600 2.757.000 39,000 25.000 89.8000 2.245.000 38,000 PROCTER & GAMBLE CO WYETH WYE CASH 24,000 61.0900 1,466,160 22.080 1.5060 Total Equities& Options $20,424,754 $286,510 TOTAL EQUITIES $20,424,754 $286,510 027 04/27102;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT March 28, 2002 VS67 EFTA00197746

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT B FAR Bear, Steams & Co. Inc. a. STEARNS ee INSTITUTIONAL INTERESTS A/C #2 5 of 6 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 ——— TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT March 28, 2002 YOUR TOTAL ESTIMATED ANNUAL INCOME $286,510 YOUR PRICED PORTFOLIOHOLDINGS $21,847,727 Transaction Detail INVESTMENT ACTIVITY TRADE DATE TRANSACTION ut QUANTITY PRICE DEBT AMOUNT CREDIT AMOUNT 03/26/02 SOLD TYCO INTERNATIONAL LTD Tyc -5,000 32.44049 161,450.01 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED TOTAL $161,450.01 DIVIDENDS CESCRIPTION SYMBOUCUSIP QUANTITY AATE ($) DEBIT AMOUNT CAEDIT AMOUNT MBNA CORP KAB 60,000 0.1000 6,000.00 REC 03/15/02 PAY 04/01/02 TOTAL $6,000.00 o27 04/27/02;12:01 001 VSS? EFTA00197747

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Steams & Co. Inc. STEARNS 6 of6 Transaction Detail (continued) INTEREST DATE DESCRIPTION SYMBOUCUSIP 04/22/02 INTEREST ONCREDIT BALANCE AT O 1/4% 03/21 THRU 04/20 QUANTITY RATE [%} 0.2500 DEBIT AMOUNT CLEARED THR! WHOLLY OWNE INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 TAXPAYER NUMBER On File LAST STATEMENT March 28, 2002 CREDIT AMOUNT 322.06 TOTAL [stop] ****** End of Statement™***** 04/27/02;12:01 001 $322.06 VS57 EFTA00197748

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Sec: Co 1 Le INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT February 22,2002 TELEPHONE VISIT OUR WEBSITE www.bearstearns.com Financial SUMMA sense — 3 INSTITUTIONAL INTERESTS A/C #2 Your Portfolio Holdings 4 C/O FINANCIAL TRUST COMPANY Transaction Detail .....sscssseeenneres 5 ATTN LARRY KEME ° Trades Not Yet Settled ...iseseseerns 7 YOUr M@SSAQ@S .......ecssessssssseesseessseeseetars 8 ,— Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD = 21,955,500 “ash & Equivalent srw NET CREDIT BALANCE 1,255,202 Equities NET EQUITY THIS PERIOD $21,955,500 $19,623,120 21,704,531 CHANGE SINCE LAST STATEMENT 1,506,171 Current market value NET EQUITY LAST STATEMENT {238 Last statement's market value There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Please mport any ditsrence cr nce-rocaigt of checks or slocks, indicated as dalivarad to you to Clhent Senices at 800-634-1428; cr write to Clon! Services at Bear, Steams Securities Corp Brooklyn, N.Y. 11201-3859, 27 This summary is for informational purposes only. It is mot ietended as a tax document. This statemem should be retained for your records. See reverse side for important information. 03/2902;20:33 001 V555 EFTA00197749

--=PAGE_BREAK=--

2 of 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 03/29/02;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 S55 EFTA00197750

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 3 of@ Cash Flow Analysis THIS PERIOD $2,081.411.08 Securities Sold 164,615.23 OpeningBalance Dividends/interest 41,917.10 Amount Credited $206,532.33 Securities Bought -1,032,741.72 Amount Debited $-1,032,741.72 -826,209.39 $1,255,201.69 Closing Balance Cash Balance Summary OPENING CLOSING Cash 2,081,411.08 1,255,201.69 Net Cash Balance $2,081.411.08 $1,255,201.69 Income Summary THiS PERIOD YEAR TO DATE Dividends 41,510.00 75,880.00 Credit Balance Int. 407.10 1,191.88 Total Portfolio Composition Cash/Cash Equivalent 1,255,202 Equities 21,955,500 $23,210,702 027 03/2902;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT February 22,2002 Your Portfolio Allocation Cash & Equivalent 5% — Equities 95% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. V555 EFTA00197751

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. STEARNS 4 of8 Your Portfolio Holdings CASH & CASH EQUIVALENTS DAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 1.255.202 TOTAL CASH & CASH EQUIVALENTS $1,255,202 EQUITIES Equities & Options ACCT MARKET ESTIMATED (CURRENT DESCRIETION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (') AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 72.1400 1,442,800 3,360 0.2329 INC BANK OF AMER CORP BAC BRISTOL MYERS SQUIBB CO BMY CASH CITIGROUP INC c CASH GOLDMAN SACHS GROUP INC Gs CASH INTERNATIONAL BUSINESS iat CASH 40.000 {0470000 7040.000" MACHINES CORP JOHNSONS JOHNSON JNJ CASH MBNA CORP KRB PFIZER INC PFE CASH PROCTER & GAMBLE CO PG “40.4900 1.012.250 28.000. 49.5200 1,355,610 17,520 90.2500 1,083,000 0.5385 64.9500 3,247,500 36.000 1.1085 38.5700 2.314.200 24.000 1.0371 2,980,500 39,000 1.3085 1 "39.7400 90.0900 2,252,250 38,000. 027 03/2902;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD February 23,2002 THROUGH ACCOUNT NUMBER March 28, 2002 TAXPAYER NUMBER On File LAST STATEMENT V555 February 22,2002 EFTA00197752

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Your Portfolio Holdings (continued) a TAXPAYER NUMBER On File Equities & Options (continued) LAST STATEMENT ebruary 22.2002 ACCT MAARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%) WYETH WwYE CASH 24,000 65.6500 1,575,600 22.080 1.4014 com Total Equities& Options $21,955,500 $279,570 TOTAL EQUITIES $21,955,500 $279,570 YOUR TOTAL ESTIMATED ANNUAL INCOME $279,570 YOUR PRICED PORTFOLIOHOLDINGS $23,210,701 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/11/02 NAME CHG AMERICAN HOME PRODUCTS COAP 026609107 -24,000 A397519 TO WOOS167 N‘C WYETH oats” W003167 FROM A397519 NIC WYETH AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OR STOS" OSTEOE “SS T6718 “T64615 23 AS OF 03/18/02 027 03/2902;20:33 001 V555 EFTA00197753

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 6 of8 STATEMENT PERIOD February 23,2002 THROUGH Transaction Detail (continued) TAXPAYER NUMBER INVESTMENT ACTIVITY (continued) LAST STATEMENT SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT 03/25/02 03/20/02 BOUGHT BRISTOL MYERS SQUIBB CO BMY 25,000 41.06070 1,032,741.72 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT ACCOUNT NUMBER March 28, 2002 On File February 22,2002 CREDIT AMOUNT UNSOLICITED TOTAL $-1,032,741.72 $164,615.23 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CREDIT AMOUNT 03/01/02 AMERICAN HOME PRODUCTS CORP 026609107 24,000 0.2300 5,520.00 REC 02/13/02 PAY 03/01/02 REC 02/15/02 PAY 03/07/02 meng gree me mv cacumecgenr oneness emnanertneeentoe 4s aatonneeasetonee 1s ortneeeateeay sw agama renevarommeenreenatueecemnesateeantnstsit ery MACHINES CORP REC 02/08/02 PAY 03/09/02 onan ay REC 02/19/02 PAY 03/12/02 esuvunnne 41s anneeceonenusannren sp pucancnvuuaneecngen sts eesuuannteey ge 111s ENMNEONNONNONONENoOE 11s eueeeeeeaeeoeenenaeny 11 ea a0 rot 50, 0.1800 mr sn enn mn nnn snnnanannnannmann nis INC REC 03/01/02 PAY 22/02 BANK OF AMER CORP ™ BAC , 25,000 0.6000 ‘ "75,000.00 REC 03/01/02 PAY 03/22/02 TOTAL $41,510.00 027 03/2902;20:33 001 V555 EFTA00197754

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Steams & Co. Inc. STEARNS 7 of 8 INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) account numccr [ED TAXPAYER NUMBER On File INTEREST LAST STATEMENT — February 22.2002 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 03/21/02 INTEREST ONCREDIT BALANCE 0.2500 407.10 AT O 1/4% 02/21 THRU 03/20 TOTAL $407.10 Trades Executed Pending Settlement SETTLEMENT TRADE ml Tl TRANSACTION ESCRIPTION SYMBOLICUSIP QUANTITY DEBIT AMOUNT cl MOUNT 04/01/02 03/26/02 _ SOLD TYCO INTERNATIONAL LTD TYC -5,000.00 32.4404 161,450.01 TOTAL $0.00 $161,450.01 The above trades co not appear in any other section of this statement. o27 02/2902;20:33 001 vs65 EFTA00197755

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 8 of6 Your messages Pursuant to SEC Rule 11Ac1-6, Bear, Stearns & Co, Inc will publicly post its quarterly routing statistics at the following web link: http://www, bearstearns ,com/corporate/business/equities/orp htm J", (stop) **e*** End of Statement™***** \ / —/ CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Securities vt INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT February 22,2002 Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2001 and January 31, 2002, the Company's net capital of approximately $2.6 billion and $2.6 billion was approximately 9% and 8% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $604.1 million and $648.0 million by approximately $2.0 billion and $2.0 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, 027 03/2902;20:33 001 V555 EFTA00197756

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY aes S Your Portfolio HOIGINGS sess 4 Transaction Detail .....sscssseeeneres 5 Your Portfolio at a Glance INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio , $2,081,411 TOTAL VALUE OF SECURITIES THIS PERIOD 19,623,120 Cash& Equvclen a, $2,402,195 NET CREDIT BALANCE 2,081,411 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 22,141,283 CHANGE SINCE LAST STATEMENT -436,752 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nom-roceigt of checks or stocks, indicated as dalivered to you %© Client Senices at 800-634-1428; or write to Clem Services at Bear, Steams Securities Comp Brooklyn, MY. 112 Current market value ERB] Last statements market value This summary bs for informational purposes only. It Is not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Secu “l De INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOO January 26, 2002 THROUGH February 22,2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT January 25, 2002 This statemem should be retained for your records. See reverse side for important information 27 02/2302;10:07 001 vs27 EFTA00197757

--=PAGE_BREAK=--

2 of6 STATEMENT BACKER IS PRINTED ON THIS PAGE 02/2302;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 EFTA00197758

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 3 of6 Cash Flow Analysis Income Summary THIS PERIOD THiS PERIOD YEAR TO DATE OpeningBalance $2.402,194.72 Dividends 28,070.00 34,370.00 mere Credit Balance Int. 460.47 784.78 veueesevese Total $28,530.47 $35,154.78 $28,530.47 Securities Bought -349,.314.11 Amount Debited $-349,314.11 Portfolio Composition Net Cash Activity 320,783.64 Cash/Cash Equivalent 2,081,411 seeananeenenan ence eancensees Equities 19,623,120 Closing Balance | (52,081 7411.08 $21,704,531 Cash Balance Summary OPENING CLOSING Cash 2,402,194.72 2,081,411.08 Net Cash Balance $2,402,194.72 $2,081.411.08 027 02/2302;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities vl INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT January 25, 2002 Your Portfolio Allocation Cash & Equivalent— 9% — Equities 91% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. vs27 EFTA00197759

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET QUANTITY PRICE VALUE ESTIMATED ANNUAL INCOME QURRENT DESCRIPTION YELD (%} CASH BALANCE TOTAL CASH & CASH EQUIVALENTS SYMBOUCUSIP 2.081.411 $2,081,411 EQUITIES Equities & Options ACCT MARKET DESCRIETION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE AMERICAN HOME PRODUCTS CORP AHP CASH 63.9800 1,535,520 AMERICAN INTERNATIONAL GROUP AIG CASH 70.3300 INC BANK OF AMER CORP BAC CASH CITIGROUP INC c CASH GOLDMAN SACHS GROUP INC Gs CASH INTERNATIONAL BUSINESS IBM MACHINES CORP JOHNSONS JOHNSON JNJ CASH MBNA CORP KRB PFIZER INC PFE CASH PROCTER & GAMBLE CO PG ESTIMATED ANNUAL INCOME 22,080 3,360 CURRENT YIELD [') 1.4379 0.2389 7/533,000 60.000. 1,160,700 3.9139 1.5094 0.6076 0.5688 61.3200 42.4000 79.0000 17.520 5.760 5.600 948,000 98.4500 984,500 59.4000 32.5500 41.1100 85.6000 2,970,000 36.000 7953.00 24.000" 3,083,250 1.2121 1.2289 1.2649 1.7757 50,000 60,000 75,000 25,000 39,000 2.140.000 38,000 VIACOM INC-CL B Total Equities& Options TOTAL EQUITIES VIAB CASH 37,000 44.1500 1,633,550 $19,623,120 $19,623,120 $251,820 $251,820 027 02/2302;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri o INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD January 26, 2002 February 22,2002 account numccr (S TAXPAYER NUMBER On File January 25, 2002 THROUGH LAST STATEMENT vs27 EFTA00197760

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. Inc. Bogs Steams Securities vl STEARNS INSTITUTIONAL INTERESTS A/C #2 5 of6 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account numccr (S TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT January 25, 2002 YOUR TOTAL ESTIMATED ANNUAL INCOME $251,820 YOUR PRICED PORTFOLIOHOLDINGS $21,704,531 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/01/02 01/29/02 BOUGHT TYCO INTERNATIONAL LTD TYC 10,000 34.70000 349,314.11 DISCRETIONARY ORDER TOTAL $-349,314.11 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 01/31/02 JP MORGAN CHASE & CO JPM 37,500 0.3400 12,750.00 REC 01/04/02 PAY 01/31/02 REC 01/18/02 PAY 02/15/02 OS 1702"” GOLDMAN SACHS GROUP NC REC 01/22/02 PAY 02/21/02 T2000" O7B05 027 02/2302;10:07 001 vs27 EFTA00197761

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS 6 of 6 SUBSIDIARY INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD January 26, 2002 THROUGH Transaction Detail (continued) ACCOUNT NUMBER February 22,2002 TAXPAYER NUMBER On File DIVIDENDS (continued) LAST STATEMENT DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) CEBIT AMOUNT CREDIT AMOUNT 02/22/02 CITIGROUP INC c 27,375 0.1600 4,380.00 REC 02/04/02 PAY 02/22/02 TOTAL $28,070.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CERT AMOUNT CAEDIT AMOUNT 02/21/02 INTEREST ONCREDIT BALANCE 0.2500 460.47 AT 0 1/4% 01/21 THRU 02/20 TOTAL $460.47 [stop] “*ee** End of Statement™***** 027 02/2302;10:07 001 vs27 January 25, 2002 EFTA00197762

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. STEARNS ACCOUNT EXECUTIVE GREENBERG,ALAN C. TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial SUMMALY ssessssesececnescseneeeseeesene Your Portfolio HOldingS ssssssssssssesssseaiars Transaction Detail .......ssssssesssenesesensees nu fF Ww YOUr M@SSAQES ......eesessesessssesssseecsecensens Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD = 19,739,088 NET CREDIT BALANCE 2,402,195 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 22,405,902 CHANGE SINCE LAST STATEMENT -264,620 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase moport any diference or nceroceipt of checks or stocks, indicated as delivered to you 2s at 500-634.1428; cr write to Clent Services at Bear, Steams Securities © Client_San Corp Brooklyn, MY. 112 INSTITUTIONAL INTERESTS A/C #2 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP . Market Value of Your Portfolio ' $2,402,195 Cash & Equivalent we ee Current market value $B] Last statements market value This summary is for informational purposes only. It Is not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Steams Secur vl Dn INSTITUTIONAL INTERESTS AIC #2 STATEMENT PERIOO January 1, 2002 THROUGH January 25, 2002 account numccr TAXPAYER NUMBER On File LAST STATEMENT December 31,2001 This statemem should be retained for your records. See reverse side for important information. 27 01/2602;09:29 001 vs20 EFTA00197763

--=PAGE_BREAK=--

2 of6 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/26/02;09: 29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Boar, Steams Secuities Coy INSTITUTIONAL INTERESTS A/C #2 EFTA00197764

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co- inc. BEAR STEARNS Cash Flow Analysis THIS PERIOD OpeningBalance $1,309,037.42 Securities Sold 1,707,729.70 Dividends/interest 6,624.31 Amount Credited $1,714,354.01 Securities Bought -621,196.71 $-621.196.71 Amount Debited 1,093,157.30 $2,402,194.72 Closing Balance Cash Balance Summary OPENING CLOSING Cash 1,309,037.42 2,402,194.72 Net Cash Balance $1,309,037.42 $2,402,194.72 3 of6 Income Summary THiS PERIOD YEAR TO DATE Dividends 6,300.00 6,300.00 Credit Balance Int. 324.31 324.31 Total $6,624.31 Portfolio Composition Cash/Cash Equivalent 2,402,195 Equities 19,739,088 $22,141,283 027 01/2602;09:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear Stags Securities ol INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOO January 1, 2002 THROUGH January 25, 2002 account numccr (S TAXPAYER NUMBER On File LAST STATEMENT December 31,2001 Your Portfolio Allocation Cash & Equivalent—, 10% — Equities 90% Unshaded portions denote debt balance andicr short market values. The alocation percentage is derived from the absohte market value of your portioiio. vs20 EFTA00197765

--=PAGE_BREAK=--

OFFICE SERVICING YOUR ACCOUNT BEAR Bear, Stearns & Co. inc. STEARNS 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS DAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 2.402.195 TOTAL CASH & CASH EQUIVALENTS $2,402,195 EQUITIES Equities & Options AQCT MARKET ESTIMATED GQURRENT DESCRIETION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (') AMERICAN HOME PRODUCTS CORP AHP CASH 24,000 63.0100 1,512,240 22,080 1.4601 AMERICAN INTERNATIONAL GROUP AIG CASH 20,000 78.0100 1,560,200 3,360 ‘ 0.2154 INC BANK OF AMER CORP BAC CASH CITIGROUP INC c CASH GOLDMAN SACHS GROUP INC Gs CASH INTERNATIONAL BUSINESS IBM MACHINES CORP JOHNSONS JOHNSON JNJ CASH 50,000 57.6500 2,882,500 36,000 ‘ 1.2489 63.3500 1.583.750 60.000 3.7885 49.6200 1,358,348 17,520 1.2898 87.3000 1.047.600 5.760 0.5498 Osi24 109.2800” 1.092.800 5.600 MBNA CORP KRB CASH 60,000 35.6000 2,136,000 24,000 1.1236 PFIZER ING PFE CASH 75,000. 41.7000 3.127.500 . :" 1/9206 39,000 PROCTER & GAMBLE CO 25,000 79.1400 1.978.500 38,000 VIACOM INC-CL B VIAB CASH 37,000 39.4500 1,459,650 Total Equities& Options $19,739,088 $251,320 TOTAL EQUITIES $19,739,088 $251,320 027 01/2602;09:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 0 xn) ri INSTITUTIONAL INTERESTS A/C #2 STATEMENT PERIOD January 1, 2002 THROUGH ACCOUNT NUMBER January 25, 2002 TAXPAYER NUMBER On File LAST STATEMENT vs20 December 31,2001 EFTA00197766

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 5 of6 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account numccr = TAXPAYER NUMBER On File Your Portfolio Holdings (continued) LAST STATEMENT December 31, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $251,320 YOUR PRICED PORTFOLIOHOLDINGS $22,141,282 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/04/02 01/03/02 SOLD MBNA CORP KRB -10,000 36.15000 359,114.25 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT JP MORGAN CHASE & CO AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT 47 SEE NOTE "S* ON BACK AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT TOTAL $-621,196.71 $1,707,729.70 o27 01/26102;09:29 001 vs20 EFTA00197767

--=PAGE_BREAK=--

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BEAR Bear. Stearns & Co- inc. Bear Steams Securities Coy STEARNS — INSTITUTIONAL INTERESTS A/C #2 6 of 6 STATEMENT PERIOO January 1, 2002 THROUGH Transaction Detail (continued) TAXPAYER NUMBER ACCOUNT NUMBER DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) OEBIT AMOUNT CREDIT AMOUNT 01/02/02 MBNA CORP KAB 70,000 0.0900 6,300.00 REC 12/14/01 PAY 01/01/02 TOTAL $6,300.00 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (4) CEBIT AMOUNT CAEDIT AMOUNT 01/22/02 INTEREST ONCREDIT BALANCE 0.2500 90.18 AT 0 1/4% 12/21 THAU 12/30 INTEREST ON CREDIT BALANCE 0.2500 234.13 AT O 1/4% 12/31 THRU 01/20 TOTAL $324.31 Your messages Zs The interest, if any, charged to your account during December 2001 was computed on the net debit balance through December 30, The interest, if any, charged to your account during January 2002 is computed from December 31, 2001, [stop] ****** End of Statement™***** 027 01/2602;09:29 001 vs20 January 25, 2002 On File December 31,2001 EFTA00197768