Statements EFTA00197856

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS ACCOUNT EXECUTIVE ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Masalbossdeslsllasdil Financial Summary . 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings . . 4 FINANCIAL TRUST CO TTEE Transaction Detail .......cscsssseessseseseseeees 5 ATTN JEANIE BRENNEN Fund Activi 5 6100 RED HOOK QUARTER ‘UNG Activity ....e. sees . SUITE B-3 Trades Not Yet Settled 6 ST THOMAS VI 00802 Your Messages 7 Your Portfolio at a Glance Market Value of Your Portfolio NET CREDIT BALANCE 599,295 cquties J $72,600 MONEY MARKET FUND BALANCE 34,802,447 $71,200 seeanenaseeneeness ss anseensnenssensensennsss) sesnsenseanees: ory || Current market value ar TY ee re A HEI Last statement’s market value NET EQUITY LAST STATEMENT 35,410,694 CHANGE SINCE LAST STATEMENT 63,648 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securitios Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. This summary s for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 December 31,2001 account sumccr roraver maccn November 30, 2001 THROUGH LAST STATEMENT Important Message if any information regarding 2001 interest, 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 31,2002or 1042S by March 15,2002. ‘This statemem should be retained for your records. See reverse side for important information. 027 01/03/02;08:34 001 vs19 EFTA00197857

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 01/03/02;08:34 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS vs19 EFTA00197858

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10179 as Le INSTITUTIONAL INTERESTS 3 of? STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 . account xumccr = Cash Flow Analysis Income Summary a THIS PERIOD I EA TO DATE ; LAST STATEMENT Novernber 30, 2001 OpeningBalance $9,.587.957.27 Dividends 50,909.62 565,744.58 . Credit Balance Int. 9,387.90 54,951.02 Dividends/Interest 11,338.00 Tota anereerntses ener OO rent oD seeneencenseess: eueeeenaeennensss aunanensesneenensanansesseuenanenen eee Margin Int. Paid 0.00 Amount Credited $62,247.62 Money Fund Amount Debited Portfolio Composition Cash/Cash Equivalent 35,401,742 Net Cash Activity -8,988.662.00 Equities 72,600 Same day vansors of cath between account types are not inched inthis Tote naneneeeessttnetenenteeneneestntnrnennn oe ace section; such transfers, as well as dotails for all other transactions this period, appear in Transaction Detail Your Portfolio Allocation Cash Balance Summary OPENING CLOSING Cash 1,381,989.85 599,295.27 Margin 8,205,966.50 0.10 Short 0.92 0.10 Net Cash Balance $9,587,957.27 $599,295.27 Cash & Equivalent 99% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 027 01/03/02;08:34 001 vs19 EFTA00197859

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 599,295 DREYFUS CASH MANAGEMENT-cLA 34,802,447.11 1.0000 34,802,447 800,456 2.3000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD_2,1000% TOTAL CASH & CASH EQUIVALENTS $35,401,742 $800,456 EQUITIES Equities & Options ACCT MARKET ESTIMATED OQURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} BANK PLUS CORP | | CASH 10,000 7.2600 72,600 Total Equities& Options $72,600 $0 TOTAL EQUITIES $72,600 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $800,456 YOUR PRICED PORTFOLIOHOLDINGS $35,474,342 027 01/0302,06:34 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 1, 2001 December 31,2001 accouvt numecr Twpaver nuvecr November 30,2001 THROUGH LAST STATEMENT vs19 EFTA00197860

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS a" 10179 INSTITUTIONAL INTERESTS 5 of? STATEMENT PERIOG December 1, 2001 THROUGH December 31,2001 Transaction Detail accout xumecr Taxpayer nuecr MONEY FUND ACTIVITY LAST STATEMENT — November 30, 2001 DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DeSIT AMOUNT CAEDIT AMOUNT 12/01/01 OPENINGBALANCE 25,751,537.49 ig aN = MONTHLY DIVIDEND REINVEST DREYFUS CASH MANAGEMENT-CL A ma 50,909.62 INSTITUTIONAL SHARES D 50,909.62 INSTITUTIONAL SHARES 12/31/01 CLOSINGBALANCE 34,802,447.11 TOTAL $-9,050,909.62 $50,909.62 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 12/21/01 INTEREST ONCREDIT BALANCE 1.2500 3,329.15 AT 1 % 12/11 THRU 12/20 INTEREST GN CREDIT BALANCE AT 11/2% 11/19 THRU 12/10 'SHT ACCT FEE 11/21-122001 6058.75 MOIDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 12/03/01 JOURNAL MARK TO MARKET 0.92 027 01/0302,06:34 001 vs19 EFTA00197861

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 INSTITUTIONAL INTERESTS 6 of? STATEMENT PERIOD December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) accouvt xumccr | Twpaver nuvecr MISCELLANEOUS (continued) LAST STATEMENT November 30, 2001 DATE MO'DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 12/03/01 JOURNAL MARK TO MARKET SHORT POS 0.92 JOUR RR TS MARKET 7795000 JOURNAL JOURNAL FROM TYRE 276 7 evn aneaepnnncnn enn suntan cnenennnennnnn i eemnnnsnneses i unaunnygennne ie erence tenennnnes enero pgetnecenneienennnnenannensiaeennnntnenets tt ) BY 8,207,917.42 4 i) $-8,209,868.54 $8,209,868.54 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/03/02 _ 12/28/01 __ SOLD BANK PLUS CORP -10,000.00 7.1400 71,398.92 TOTAL $0.00 $71,398.92 The above tades do not appear in any other section of this stalament 027 01/0302,06:34 001 vs19 EFTA00197862

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10179 fl | INSTITUTIONAL INTERESTS 7 of? STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 account uncer Taxpayer nuwecr Your messages LAST STATEMENT November 30,2001 As part of the National Association of Securities Dealer's (NASD) Investor Education Program, you may obtain information on the NASD’s Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the internet address which is www.nasdr,com, In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request. s ****** End of Statement™***** VY 027 01/03/02,06:34 001 vsiS EFTA00197863

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wow.bearstearns.com What’s In This Statement Financial Summary ,. » 3 Your Portfolio Holdings . . 4 Transaction Detail veers 5 Fund ACKIVILY wissen 6 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 71,200 NET CREDIT BALANCE 9,587,957 MONEY MARKET FUND BALANCE 25,751,537 UT uc RE NET EQUITY LAST STATEMENT 35,316,922 CHANGE SINCE LAST STATEMENT 93,772 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomrecaipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS Vi 00802 Market Value of Your Portfolio Equities —_$71.200 $9,205,875 : $-9,135,175 || Current market value $B] Last statements market value ([] Short market value 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 information. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 account suvccr rwraver maccn LAST STATEMENT October 26,2001 v813 EFTA00197864

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 12101/01;10:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS v813 EFTA00197865

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | INSTITUTIONAL INTERESTS 3 of? STATEMENT PERIOO October 27,2001 THROUGH November 30, 2001 . ACCOUNT NUMBER fs Cash Flow Analysis Cash Balance Summary a ee i.) _— LAST STATEMENT October 26, 2001 OpeningBalance $9,082,051.19 Cash 889,554.39 1,381,989.85 Money Fund 537,366.49 Margin 681,119.49 —-8,205,966.50 Funds Deposited 16,595.94 Short 8,873,616.29 0.92 Diidenda/interest 15,186.86 Net Cash Balance $9,082,051.19 $9,587,957.27 Amount Credited $569,149.29 Money Fund -62,366.49 Dividends/Interest Charged -876.72 Income Summary sssesunuenenen ss sesnnunteneesennnensessssateeennunneeessesnnenssss een owe THs PERIOD YEAR TO DATE AMOUNT DODO” vests meemeeeeeeeesr teen oe Dividends 63,053.99 514,834.96 Net Cash Activity 505,906.08 Credit Balance Int. 152.02 45,563.12 Total . $63,206.01 $560,398.08 Same day tansfers of cash between account types are not inchuded in this Margin Int. Paid 414.99 1,558.64 Your Portfolio section; such transfers, as well as details for all other transactions this period Allocation appear in Transaction Detail. Portfolio Composition Cash/Cash Equivalent 35,339,494 Equities 71,200 Cash & Equivalent 99% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 027 12101/01;10:46 001 v813 EFTA00197866

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS (QURRENT NAARKET ESTIMATED DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 9,587,957 DREYFUS CASH MANAGEMENT-cLA 25,751,537.49 1.0000 25,751,537 721,043 2.8000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD_2,3800% TOTAL CASH & CASH EQUIVALENTS $35,339,494 $721,043 EQUITIES Equities & Options ACCT MARKET ESTIMATED OQURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} BANK PLUS CORP | | CASH 10,000 7.1200 71,200 Total Equities& Options $71,200 $0 TOTAL EQUITIES $71,200 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $721,043 YOUR PRICED PORTFOLIOHOLDINGS $35,410,694 o27 12101/01;10:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 November 30, 2001 accouvt numecr Twpaver nuvecr October 26,2001 THROUGH LAST STATEMENT v613 EFTA00197867

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BEAR STEARNS 5 of? Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION 11/21/01 JOURNAL FE Te 117 EERE TTT eR THETA TH2TIO4 THTIO4 21/01 JOURNAL sv stnenenenennn i nytpnenenenes OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 DESCRIPTION MEDTRONIC INC JOURNAL FROM TYPE 1 TOS PER LOA INAL FROM TYPE 1 TOS PER LOA YEO INTERNATIONAL TB JOURNAL FROM TYPE 1 TOS PER LOA JOURNAL FROM TYPE 1 TOS PER LOA FINANCIAL SVCS GROUP INC INAL FROM TYPE 1 TOS PER LOA TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 1 TOS PER LOA SYMBOUCUSIP PINANIAL SUCSCROUE NE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 accouvt numecr Twpaver nuvecr LAST STATEMENT October 26,2001 QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT -75,300 75,300 55,000 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRPTION INSTITUTIONAL INTS OO BS MORGAN 11/19/01 DEPOSIT DEBIT AMOUNT CREDIT AMOUNT 16,595.94 TOTAL $16,595.94 1201/01;10:46 001 v613 EFTA00197868

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 INSTITUTIONAL INTERESTS 6 of? STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 Transaction Detail (continued) accouvt xumccr | Twpaver nuvecr MONEY FUND ACTIVITY LAST STATEMENT October 26, 2001 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE CESIT AMOUNT CREDIT AMOUNT 10/27/01 OPENINGBALANCE 26.164,171 t Msg MONTHLY DIVIDEND DREYFUS CASH MANAGEMENT-cL A" 62.366.49 62,366.49 INSTITUTIONAL SHARES REINVEST INSTITUTIONAL SHARES = 11/30/01 CLOSINGBALANCE 25,751,537.49 TOTAL $-62.366.49 $537,366.49 DIVIDENDS DATE DESCRIPTION SYMBOUGUSIF QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 11/01/01 TYCO INTERNATIONAL LTD 55,000 0.0125 687.50 REC 10/01/01 PAY 11/01/01 TYCO INTERNATIONAL LTD DIV CHG 55000 SHS SHORT REC 10/01/01 PAY 11/01/01 TOTAL $-687.50 $687.50 687.50 027 1201/01;10:46 001 v613 EFTA00197869

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 7 ot? Transaction Detail (continued) INTEREST DESCRIPTION INT ADJ 9/24-10/01 @CALL +1 INTEREST GN CREDIT BALANCE AT 1 1/2% 11/06 THRU 11/20 “INTEREST ON CREDIT Ee ——————_—_—_—_—_—_— —_—_——_—_—TOOTOTTTTTOTT AT 2,000% 10/21 THRU 11/05 -0000 BAL 1154,582 AVBAL 85.849 SYMBOUDUSIP QUANTITY RATE [Sp DEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 account uncer Taxpayer nuwecr LAST STATEMENT October 26,2001 (CREDIT AMOUNT $14,499.36 TOTAL $-189.22 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREOIT AMOUNT JOURNAL MARK TO MARKET 261,558.00 SOUANAT TiBOT IOUANAT NMARK TO MARKET 390,730.00 FUP SET SURI RER ERS HAE SIR BOR een 390,736°00 11/26/01 JOURNAL MARK TO MARKET 9,360,738.00 {7/26/07 JOUANAT MARK TO MARKET SHORT POS 9,360.738.00 TOTAL $-10,202,001.00 _$10,202,001.00 027 12101/01;10:46 001 vS13 EFTA00197870

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wow.bearstearns.com What’s In This Statement Financial Summary ,. . 3 Your Portfolio Holdings . . 4 Transaction Detail vise 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 70,700 NET CREDIT BALANCE 9,082,051 MONEY MARKET FUND BALANCE 26,164,171 ene CT NET EQUITY LAST STATEMENT 40,545,284 CHANGE SINCE LAST STATEMENT ~§,228,362 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-624-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio Equities $9,205,875 : $-9.135,175 $8,995,300 : $-8.926,800 || Current market value EBB] Last statements market value [[) Short market value 027 This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steans Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 account uvccr roraver maccn LAST STATEMENT September 28, 2001 vsa2 EFTA00197871

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 10/27101,09:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197872

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of? 383 Madison Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $10,793,837.98 Money Fund 3,681,225.05 Dividends/Interest 47,464.59 Amount Cr ited $3,728,689.64 Money Fund -81,225.05 Funds Withdrawn -797,556.00 Dividends/Interest Charged -32,703.38 Miscellaneous -4,528,992.00 Armour Dette asstasssesesssessearsnsse ss otomoeen ee Net Cash Activity 711,786.79 Same day tansfers of cash between account types are mot included in this section; auch transfers, as well as details for all other transactions this period, appear in Transaction Detel. New York, New York 10179 Cash Balance Summary OPENING CLOSING Cash 408,332.05 889,554.39 Margin 2,318,693.89 -681,119.49 Short 8,066,812.04 8,873,616.29 Net Cash Balance $10,793.837.98 $9.082,051.19 Income Summary THS PERIOD YEAR TO DATE Dividends 111,954.80 451,780.97 Credit Balance Int. 1,548.84 45,411.10 Total . $113,503.64 $497,192.07 Margin Int. Paid 1,973.63 -1,973.63 Portfolio Composition sHOaT LONG Cash/Cash Equivalent 35,246,222 Equities 9.135.175 9.205.875 027 10/27/01 09:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 account sumccr raver maccn LAST STATEMENT September 28, 2001 Your Portfolio Allocation Equities 17% Short Equities 17% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vso2 EFTA00197873

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 9,082,051 DREYFUS CASH MANAGEMENT-cLA 26,164,171 1.0000 26,164,171 863,418 3.3000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 2, 7900% TOTAL CASH & CASH EQUIVALENTS $35,246,222 $863,418 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TE QUANTITY PRKE VALUE ANNUAL INCOME YELD (%} BANK PLUS CORP CASH 10,000 7.0700 70,700 sunny coc aeeenenenenenenenen sss eueaeaeaeaeasaeoeanas 1 eenenene ssc annennanenanenananane sits aeneaean on jones ana 0 r MEDTRONIC INC MEDTRONIC INC | SHRI = 42.2500 3.181.425 17,319 0.5444 42.2500 3,181,425 -17,319 0.5444 57.7500 3.176.250 105,600 3.3247 PNC FINANCIAL SVCSGROUP INC CASH TYCO INTERNATIONAL LTD i | SHAT -55,000 50.5000 -2,777,500 -2,750 0.0990 Total Equities& Options $70,700 $0 TOTAL EQUITIES $70,700 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $863,418 YOUR PRICED PORTFOLIOHOLDINGS $35,316,922 o27 10/27/01 ;09:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH ACCOUNT NUMBER October 26, 2001 Twpaver nuvecr LAST STATEMENT vso2 September 28, 2001 EFTA00197874

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BEAR STEARNS 5 of? Transaction Detail DEPOSITS AND WITHDRAWALS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 DATE TRANSACTION DESCRETION 10/01/01 FND WIRED OS5)07 CHECK Ck #MTS51452 GEORGE V, DELSON LAWRENCE NEWMAN TOTAL MONEY FUND ACTIVITY MOIDAY TRANSACTION DESCAIFTION 09/29/01 OPENINGBALANCE TOiatoT BIVIBEND BRE RES FUS CASH MANAGEMENT: im) ReTuTONA SHAI MONTHLY DIVIDEND REINVEST ORE FUS CASH MANAGEMEN z ReTUTONAS SHAI DIVIDEND REINVESTED. RES 29,682,945.95 = = CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 accouvt numecr Twpaver nuvecr LAST STATEMENT September 28, 2001 CESIT AMOUNT (CREDIT AMOUNT "BT 225.05 81,225.05 10/26/01 CLOSINGBALANCE TOTAL 10V27101;09:11 001 $-81,225.05 $3,681 225.05 EFTA00197875

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Con Bear, Stearns & Co. Inc. One Mebane ‘Center ‘eae 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS a" 10179 6 of? INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER October 26, 2001 Taxpayer nuecr DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY { DEBIT AMOUNT CREDIT AMOUNT 10/09/01 MEDTRONIC INC 4,329.75 DIV CHG 75300 SHS SHORT REC 10/05/01 PAY 10/26/01 DIV CHG 55000 SHS SHORT REC 10/12/01 PAY 10/24/01 REC 10/12/01 PAY 10/24/01 {0/26/01 MEDTRONIC INC REC 10/05/01 PAY 10/26/01 TOTAL $-30,729.75 $30,729.75 oT Tih Eee yoeeer" Bogggg er ceenenenenenee ngs en 75,300 0.0575 4329.75 INTEREST DATE DESCRIPTION SYMBOLCUSIP QUANTITY RATE [%} DEBIT AMOUNT CAEDIT AMOUNT 10/22/01 INTEREST ONCREDIT BALANCE 2.0000 17.52 AT 2,000% 10/02 THRU 10/20 erence nnn enna annnt AT 1 1/2% 09/21 THRU 09/23 iE SE BERS BR nnn 09/24 THRU 10/01 At iorsz07" ioeeior™ @7 % "6000 139. $-1,973.63 $16,734.84 027 10/27/0109:11 001 September 28, 2001 EFTA00197876

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 7 ot? Transaction Detail (continued) MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 10/01/01 JOURNAL TO 047-30185 4,528,992.00 PER LOA SMARRER SHORTY FROM TE FRONT IE {OisIOT IGUENAT MARK TO MARKET 120/112°60 FRR SURE HIR EACH ARES see ToRsIOTOTANAL MARK TO MARKET 168,289.00 SRR RR BO IE 727220070777 nn ene TOTAL $-7,863,409.75 $3,334.417.75 (stor) **ee** End of Statement™***** SY ae? 10/27/01,08:11 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 account uncer Taxpayer nuwecr LAST STATEMENT September 28, 2001 vsd2 EFTA00197877

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . . Transaction Detail ......s.sssssessseresseeerees Fund Activity ,, ‘ Your Messages oun fF w Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 10,793,838 MONEY MARKET FUND BALANCE 29,682,946 NET EQUITY LAST STATEMENT 40,431,940 CHANGE SINCE LAST STATEMENT 113,344 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Please report any difference or nomrecaipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account suvccr roraver mancn LAST STATEMENT August 31,2001 Market Value of Your Portfolio $40,476,784 68.500 Cans tose I $8,995,300 : $-8.926,800 $10,019,662 : $-9,948,862 fie23] Current market value ERB] Last statements market value ([) Short market value This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information O9/2901;11:41 001 vsoo EFTA00197878

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE O9/2901;11:41 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197879

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 3 of? Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD YEAR TO DATE OpeningBalance $10,767,517.51 Dividends 89,324.08 339,826.17 . Credit Balance Int. 2,476.23 43,862.26 Dividends/Interest 26,320.47 Tote encnsnenesessteeneenene ese oo oe Amount Cr ited $115,644.55 Money Fund “09,424.08 Portfolio Composition Amount Debited $-89,324.08 SHORT LONG Net Cash Activity 26,320.47 Cash/Cash Equivalent 40,476,784 Equities 8,926,800 8,995,300 Same day Yansfers of cath between ccaurt types are ck inched inthis TORR eersrerceesseernercernee BOISE OOOO___ $49,472,084 section, such transfers, as well as details for all other transactions tis period, appear in Transaction Detail Cash Balance Summary OPENING CLOSING Cash 405,855.82 408,332.05 Margin 156,896.89 2,318,693.89 Short 10,204,764.80 8,066,812.04 Net Cash Balance $10,767,517.51 $10,793,837.98 o27 09/2901 ;11:41 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account sumccr raver maccn LAST STATEMENT August 31,2001 Your Portfolio Allocation — Equities 15% Short Equities 15% Cash & Equivalent 70% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vsao EFTA00197880

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 793,838 DREYFUS CASH MANAGEMENT-cLA 29,682,945.95 1.0000 29,682,946 1,098,269 3.7000 INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS $40,476,784 $1,098,269 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE PRICE VALUE ANNUAL INCOME YELD [%} BANK PLUS CORP CASH 6.8500 68,500 MEDTRONIC INC CASH 43.5000 3,275,550 17,319 0.5287 MEDTRONIC INC SHR 43.5000 —-3,275,550 17,319 0.5287 TYCO INTERNATIONAL LTD SHAT -55,000 45.5000 -2,502,500 2,750 0.1099 Total Equities& Options $68,500 $0 TOTAL EQUITIES $68,500 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,098,269 YOUR PRICED PORTFOLIOHOLDINGS $40,545,283 027 092901;11:41 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 September 28, 2001 accouvt numecr Twpaver nuvecr August 31,2001 THROUGH LAST STATEMENT vsao EFTA00197881

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 5 of? INSTITUTIONAL INTERESTS STATEMENT PERIOO September 1, 2001 THROUGH September 28, 2001 Transaction Detail accout xuvccr vaxpayer numer MONEY FUND ACTIVITY LAST STATEMENT August 31, 2001 DATE MOIDAY TRANSACTION DESCAIFTION SYMBOL/OUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 09/01/01 OPENINGBALANCE 29,593,621.87 as = MONTHLY DIVIDEND INSTITUTIONAL SHARES D 09/28/01 CLOSINGBALANCE 29,682,945.95 TOTAL $-89,324.08 $89,324.08 INTEREST DATE DESCRIPTION SYMBOLCUSIP QUANTITY RATE [%} DEBIT AMOUNT CAEDIT AMOUNT 09/21/01 INTEREST ONCREDIT BALANCE 0.5000 22.82 AT 0 1/2% 09/19 THRU 09/19 Se eT RE rr maremnrenneenrenvessennnennnernrennenessorennraarennregnnsssanetnnaanaunewaanttntennrenragneesseenrtgnetaregnne et aneuanengnge AT 1 1/2% 09/20 THRU 09/20 an RE AA er tcretememermemnneenememntnenenentes simmer 17 mie) AT 2 1/2% 09/17 THRU 09/18 25676 027 O9/2901;11:41 001 vsao EFTA00197882

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BEAR STEARNS 6 of? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIFTION 09/04/01 JOURNAL MARK TO MARKET DEBIT AMOUNT CREDIT AMOUNT 255,902.00 09/10/01 JOURNAL MARK TO MARKET SHORT POS ARR N HARB TO MARKER” 860,534.00 T OST 59400 SEES ea earn TOTAL $-2,234,263.00 $2,234,263.00 Your messages | This statement is provided to explain Bear, Steams & 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. i Beginning October 31, 2001, you may request the identity of the venue to which any of your orders were routed for execution {if the order was within the six months prior to the request or July 2, 2001, whichever is a later date). whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders, 027 092901;11:41 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account sumccr raver maccn LAST STATEMENT August 31,2001 vsao EFTA00197883

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS _—€€ 10167 Tor ie Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 25, 2001 and July 27, 2001, the Company's net capital of $2,7 billion and $2.7 billion was approximately 8.9% and 9.2% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $605.5 million and $585,5 million by $2,1 billion and $2,1 billion, all respectively, A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site wwow.bearstearns.com_, Alternatively, to request a free printed copy please call -toll free 1-866-299-9331 **e*** End of Statement™***** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account uncer Taxpayer nuwecr LAST STATEMENT August 31,2001 | 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 deposited 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 it's "house" maintenance 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 O9/2901;11:41 001 vsao EFTA00197884

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS ACCOUNT EXECUTIVE ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE — wwww.bearstearns.com What's In This Statement Financial Summary ,. » 3 Your Portfolio Holdings . . 4 Transaction Detail .....usssseeeeneres 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 70,800 NET CREDIT BALANCE 10,767,518 MONEY MARKET FUND BALANCE 29,593,622 nn ng a NET EQUITY LAST STATEMENT 40,439,576 CHANGE SINCE LAST STATEMENT -7,636 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomreceipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steans Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH ACCOUNT NUMBER rwraver maccn INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 LAST STATEMENT Market Value of Your Portfolio $40,361,140 can concer — ie. 55: cules $10,019,662 $13,675,956 : $-9,948,862 : $-10,155,165 | | Current market value $B] Last statements market value [[] Short market value This summary bs 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 mformation. oz? 09101/01;10:37 001 August 31,2001 July 27, 2001 v496 EFTA00197885

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 09901/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS v496 EFTA00197886

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BEAR STEARNS 3 of? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis THIS PERIOD OpeningBalance $10,403,419.76 Securities Sold 3,332,662.23 Money Fund 78,256.97 Dividends/Interest 31,486.81 Miscellaneous 636.21 Amount Cr Money Fund Dividends/Interest Charged unt Debited | Net Cash Activity ited $3,443,042.22 -3,078.256.97 -687.50 364,097.75 Same day tansfers of cash between account types are mot included in this section; auch transfers, as well as details for all other transactions this period, appear in Transaction Detel. Cash Balance Summary OPENING CLOSING Cash 69,259.64 405,855.82 Margin 255,244.89 156.896.89 Short 10,078,915.23 10,204,764.80 Net Cash Balance $10,403.419.76 $10,767,517.51 Income Summary THS PERIOD YEAR TO DATE Dividends 79,062.81 250,502.09 Credit Balance Int. 2,491.90 41,386.03 Total $81,554.71 $291,888.12 Portfolio Composition SHORT LONG Cash/Cash Equivalent 40,361,140 Equities 9,948,862 10,019,662 027 09901/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 August 31,2001 account sumccr raver maccn July 27, 2001 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent 7: 67% Equities 17% Short Equities 16% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, v496 EFTA00197887

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 767,518 DREYFUS CASH MANAGEMENT-cLA 29,593,621.87 1.0000 29,593,622 1,154,151 3.9000 INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS $40,361,140 $1,154,151 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} BANK PLUS CORP CASH 10,000 7.0800 70,800 MEDTRONIC INC CASH 75,300 45.5400 3,429,162 17,319 0.5051 MEDTRONIC INC SHR 75,300 45.5400 3,429,162 17,319 0.5051 TYCO INTERNATIONAL LTD SHAT -55,000 51.9500 -2,857,250 2,750 0.0962 Total Equities& Options $70,800 $0 TOTAL EQUITIES $70,800 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,154,151 YOUR PRICED PORTFOLIOHOLDINGS $40,431,939 027 0901/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 August 31,2001 accouvt numecr Twpaver nuvecr July 27, 2001 THROUGH LAST STATEMENT v496 EFTA00197888

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 fl | INSTITUTIONAL INTERESTS 5 of? STATEMENT PERIOO July 26, 2001 THROUGH August 31,2001 Transaction Detail account wucce | vaxpayer numer INVESTMENT ACTIVITY LAST sTATeMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 08/07/01 08/02/01 SOLD MEDTRONIC INC || -58,055 46.38850 2,689,511.30 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE Le Ue eT Ce ce] ; “enna gxmmnmnnnsmemnmamnnn amp, UNSOLICITED SOLD TYCO INTERNATIONAL LTD | “4.733 53.01460 250,625.75 UNSOLICITED TOTAL $3,332,662.23 MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 07/2801 OPENINGBALANCE 26,515,364.90 INSTITUTIONAL SHARES = MONTHLY DIVIDEND REINVEST Rae VFUS CASH. WANAGEMENT-CL'A —— | 78.256.97 7835697" DIVIDEND REINVESTED a NTH NAS HRS CEMENT: 08/31/01 CLOSINGBALANCE 29,593.621.87 TOTAL $-3,078,256.97 $78,256.97 027 0901/01;10:37 001 v496 EFTA00197889

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 6 of? INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER August 31,2001 Twpaver nuvecr DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY (8) DEBIT AMOUNT CREDIT AMOUNT 08/01/01 Hyco INTERNATIONAL a | 64,467 0.0125 805.84 C O7/02/01 PAY TYCO INTERNATIONAL LTD uw 687.50 DIV CHG 55000 SHS SHORT REC 07/02/01 PAY 08/01/01 TOTAL $-687.50 $805.84 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (Se) DEBIT AMOUNT CREDIT AMOUNT 08/21/01 INTEREST ONCREDIT BALANCE 3.2500 2,491.90 AT 3 1/4% 07/21 THRU 08/20 28,189.07 $30,680.97 TRANSACTION DESCRIPTION DEBIT AMOUNT CREDXT AMOUNT _ JOURNAL MARK TO MARKET _J6: 249.00 Osid6i0T JOUANAT MARK TO MARKET $2,275.00 * JRL 1, ae TG MARKET S22) MARK TO MARKET SHORT POS 027 0901/01;10:37 001 LAST STATEMENT duly 27, 2001 v496 EFTA00197890

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 ot? Transaction Detail (continued) MISCELLANEOUS (continued) OATE i TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/20/01 JOURNAL MARK TO MARKET 115,933.00 SGUANAT NMARK TO MARKET SHORT POS “ _ JOURNAL FRO! RESIDUAL BALANCE * JRL * 715/933:0077"" $515,280.21 TOTAL $-514,644.00 ( Top] ****** End of Statement"***** 027 09101/01;10:37 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numecr = teaver wwocr LAST STATEMENT duly 27, 2001 v496 EFTA00197891

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steans Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10167 a INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD June 30,2001 TevepHone = THROUGH July 27, 2001 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What's In This Statement Masalbassdeslsllsnadil vaxpayer numer Financial Summary . . 3 INSTITUTIONAL INTERESTS LAST STATEMENT dune 29, 2001 Your Portfolio Holdings . . 4 FINANCIAL TRUST CO TTEE Transaction Detail ..tcsssseseseseseneeee 5 ATTN JEANIE BRENNEN Fund Acti 4 6100 RED HOOK QUARTER u ity seasensanssessnsseteeaneseasaeanensas SUNTE 8-2 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio $36,918,785 TOTAL VALUE OF SECURITIES THIS PERIOD =. 3,520,791 —“Sash & Equivalent EEE NET CREDIT BALANCE 10,403,420 cquties | Tl —n ed = $-10,155,165 MONEY MARKET FUND BALANCE 26,515,365 $16,778,032 : $-10,000,503 susenseeuensnneessssanneussnsssncenusnaness ss sensenuensnsen: || Current market value NET EQUITY THIS PERIOD $40,439,576 {288] Last statement's market value suvereunenennesn sss eenuesennesnnnerennen sts eeeneereanenay ([) Short market value NET EQUITY LAST STATEMENT 40,235,162 CHANGE SINCE LAST STATEMENT 204,414 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any diference or nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary §s for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-98689. 02? 07/28001;10:18 001 vaa2 EFTA00197892

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 07/2801;10:18 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197893

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of? 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $10,337,633. 08 Securities Sold 3,285,908.41 Money Fund 15,364.90 Funds Deposited 5,431,205.80 Dividends/Interest 72,469.22 Amount Cr ited Money Fund -3,315.364.90 Funds Withdrawn -864.075.00 Dividends/Interest Charged -30,729.75 Miscellaneous -4,528.992.00 Amount Debited Net Cash Activity Same day Yansfers cf cash between account types are not included in this section; such transfers, as well as details for all other transactions tis period, appear in Transaction Detail New York, New York 10167 Cash Balance Summary OPENING Cash 384.71 Margin 85,528.89 Short 10,251,719.48 Net Cash Balance Income Summary THS PERIOD Dividends 58,398.02 Credit Balance Int. 1,794.60 Total $60,192.62 Portfolio Composition SHORT Cash/Cash Equivalent 10,155,165 Equities 027 CLOSING 69,259.64 255,244.89 10,078,915.23 $10.337,633.08 $10,403.419.76 YEAR TO DATE 171,439.28 38,894.13 $210,333.41 LONG 36,918,785 13,675,956 07/2801;10:18 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 account uncer Taxpayer nuwecr LAST STATEMENT June 29, 2001 Your Portfolio Allocation Equities 23% Cash & Equivalent 61% Short Equities 16% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, v4a2 EFTA00197894

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED DESCRIPTION SYMBOLCUSP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 10,403,420 DREYFUS CASH MANAGEMENT-CL A || 26,515,364.90 1.0000 26,515,365 1,087,130 INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS $36,918,785 $1,087,130 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE PRICE VALUE ANNUAL INCOME YELD [%} BANK PLUS CORP | | CASH 7.0000 70,000 MEDTRONIC INC CASH 133,355 48.5500 6,474,385 30.672 0.4737 MEDTRONIC INC SHR -75,300 48.5500 —-3,655,815 17,319 0.4737 TYCO INTERNATIONAL LTD SHRT -55,000 53.5800 -2,.946,900 -2,750 0.0933 Total Equities& Options $3,520,791 $24,845 TOTAL EQUITIES $3,520,791 $24,845 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,111,975 YOUR PRICED PORTFOLIOHOLDINGS $40,439,575 027 07/2801;10:18 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 THROUGH ACCOUNT NUMBER July 27, 2001 Twpaver nuvecr LAST STATEMENT v4a2 June 29, 2001 EFTA00197895

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS 5 of? STATEMENT PERIOO June 30,2001 THROUGH July 27, 2001 Transaction Detail account numccr Taxpayer nuwecr INVESTMENT ACTIVITY LAST STATEMENT — June 29, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/13/01 SOLD MEDTRONIC INC -58,055 46.00230 2,667,091.20 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE 07/18/01 UNSOLICITED UNSOLICITED UNSOLICITED TOTAL $3,285,908.41 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 07/02/01 FND WIRED MDA MB1287G0FNDS WIRED To 754,832.00 — — ENDS WIRED TO CiTiBANK FROM 5.437"205.80 O7i02I0T FUNDS REC TOTAL $-864.075.00 $5.431,205.80 02? 07/28/01;10:18 001 vaa2 EFTA00197896

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 fl | INSTITUTIONAL INTERESTS 6 of? STATEMENT PERIOD June 30,2001 THROUGH July 27, 2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER Fs MONEY FUND ACTIVITY LAST STATEMENT June 29, 2001 DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 06/30/01 OPENINGBALANCE 23,200,000 D ARES MONTHLY DIVIDEND ov ye cs cw a a | senessesesseneneuess 1 snsusenss TET an INSTITUTIONAL SHARES a7ozi07 {5.36490 INSTITUTIONAL SHARES = Bu’ FD 07/27/01 CLOSINGBALANCE 26,515,364.90 TOTAL $-3,315,364.90 $15,364.90 DIVIDENDS DATE DESCRIPTION SYMBOLICUSIP QUANTITY AATE ($) DEBIT AMOUNT CAEDIT AMOUNT 07/09/01 MEDTRONIC INC 4,329.75 DIV CHG 75300 SHS SHORT DIV CHG 55000 SHS SHORT REC 07/12/01 PAY 07/24/01 7] a as. ae consess seasconasenncesoncesoses s cnseesssseseasconasensee songseons $-30,729.75 $43,033.12 027 07/2801;10:18 001 v4a2 EFTA00197897

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Con Bear, Stearns & Co. Inc. One Mebane ‘Center ‘eae 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 7 ot? STATEMENT PERIOD June 30,2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER July 27, 2001 Taxpayer nuwecr INTEREST LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE [sb DEBIT AMOUNT CREDIT AMOUNT 07/23/01 INTEREST ONCREDIT BALANCE 3.5000 129.25 AT 3 1/2% 06/21 THRU 06/26 AT 3 1/4% 06/27 THRU 07/20 O7/23101 SHTACCT FEE O6/21-07 2001 27,641.50 TOTAL $29.436.10 oresioT MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREOIT AMOUNT 07/02/01 JOURNAL TO 047-30185 4,528,992.00 PER LOA evens ara pe rnnnnnnnss cena anna eptnnenenenessanennnnnn is sennnnnnnenennns is snnenenennnnness at 07/09/01 JOURNAL MARK TO MARKET SHORT POS 125,707.00 JOURNAL HARK TO MARKET " 55,266.00 473.00 TOTAL $-5,.063,654.00 $534,662.00 (stor ****** End of Statement*™***** \/ 027 07/28/01;10:18 001 v4a2 June 29, 2001 EFTA00197898

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . . Transaction Detail ......s.ssssseseresseessees Fund Activity ,, . Your Messages oun fF & Your Portfolio at a Glance CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 account xumccr = | PP | ery end eee Taxpayer numecr IN TIONAL INTERESTS LAST STATEMENT May 25, 2001 FINANCIAL TRUST CO TTEE * ATTN BJ BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio Important Message $33,537,633 Please note: You may find TOTAL VALUE OF SECURITIES THIS PERIOD © 6,697,529 Cash & Equivalent 0.306.531 meee more than one statement in this envelope. Beginning NET CREDIT BALANCE 10,337,633 Equities a $16,778,032 : $-10,080,503 this month, all statements MONEY MARKET FUND BALANCE 23,200,000 $16,458,822 = $-10,124,750 wth ne Same Address and NET EQUITY LAST STATEMENT 16,640,603 CHANGE SINCE LAST STATEMENT 23,594,559 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. Social Security number / fie2] Current market value Sater eo belag ta led in ; umber are bei i $B] Last statement's market value ‘one envelope. For further [[) Short market value Getails, please contact your account executive. This summary is for informational purposes only. It Is mot intended as a tax document This statement should be retained for your records. See reverse side for important information. oz? 0710101 00:26 001 vaat EFTA00197899

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/01/01 00:26 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197900

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of 6 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $10,306,531.49 Funds Deposited 23,200,000.00 Dividends/Interest 31,101.59 Amount Credited $23,231,101.59 Money Fund -23,200,000.00 Amount Debited Net Cash Activity 31,101.59 $-23,200,000.00 Same day transfers of cash between account types are not included in this section, such transfers, as well as details for all other transactions tis period, appear in Transaction Detail Cash Balance Summary OPENING CLOSING Cash 0.00 384.71 Margin 24,732.89 85,528.89 Short 10,281,798.60 10,251,719.48 Net Cash Balance $10,306,531.49 $10,337,633.08 New York, New York 10167 Income Summary THiS PERIOD YEAR TO DATE Dividends 0.00 113,041.26 Credit Balance Int. 384.71 37,099.53 Total $150,140.79 Portfolio Composition SHORT LONG Cash/Cash Equivalent 33,537,633 Equities 10,080,503 16,778,032 TO eens ses enero 9 102000,503___$50,315,665 027 07/01/01 00:26 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 account sumccr raver maccn LAST STATEMENT May 25, 2001 Your Portfolio Allocation Equities 28% Short Equities 16% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, yaar EFTA00197901

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED DESCRIPTION SYMBOLCUSP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 10,337,633 DREYFUS CASH MANAGEMENT-CL A | | 23,200,000 1.0000 23,200,000 ~=—- 1,067,200 INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS $33,537,633 $1,067,200 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} BANK PLUS CORP | | CASH 10,000 6.8100 68,100 MEDTRONIC INC CASH 191,410 46.0100 8,806,774 44.024 0.4999 MEDTRONIC INC SHR -75,300 46.0100 —_-3,464.553 17,319 0.4999 TYCO INTERNATIONAL LTD SHRT -55,000 54.5000 -2,.997,500 -2,750 0.0917 Total Equities& Options $6,697,529 $49,686 TOTAL EQUITIES $6,697,529 $49,686 YOUR TOTAL ESTIMATED ANNUAL INCOME $1,116,886 YOUR PRICED PORTFOLIOHOLDINGS $40,235,162 027 07/01/01 ;00:26 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26,2001 THROUGH ACCOUNT NUMBER June 29, 2001 Twpaver nuvecr LAST STATEMENT vat May 25, 2001 EFTA00197902

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BEAR STEARNS 5 of6 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRIPTION 06/25/01 FUNDS REC ENDS WIRED TO CITIBANK FROM F041176012EC01 TOTAL MONEY FUND ACTIVITY DATE MO/DAY 05/26/01 TRANSACTION oeia5ior" BOUGHT 06/29/01 TOTAL INTEREST DATE DESCRIPTION INTEREST ON CREDIT BALANCE AT 3 06/21/01 DESCAIPTION OPENINGBALANCE SAEVFUS CASH MANAGEMENT-CT a INSTITUTIONAL SHARES CLOSINGBALANCE SYMBOUCUSIP 05/21 THRU 06/20 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26,2001 June 29, 2001 accouvt numecr Twpaver nuvecr May 25, 2001 THROUGH LAST STATEMENT DEBIT AMOUNT CREDIT AMOUNT 23,200,000.00 $23,200,000.00 SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 0.00 prrrnemeneens neg etm err emma nmr 23,200,000 $-23,200.000.00 QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 3.5000 384.71 TOTAL $31,101.59 027 07/01/01 ;00:26 001 v4at EFTA00197903

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of6 Transaction Detail (continued) MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIFTION DEBIT AMOUNT CREDIT AMOUNT 08/29/01 JOURNAL MARK TO MARKET 157,048.00 7779800 ol 66) SAR Ye oes JOCANAT BAAR TO MARKER 18938500 BERIT SURI RARER ARBRE SEG BOR ee acannon 06/25/01 JOURNAL MARK TO MARKET SHORT POS 203,486.00 TOTAL $-652,078.00 $652,078.00 Your messages wT 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, STOP ****** End of Statement****** 027 07/01/01 00:26 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH ACCOUNT NUMBER June 29, 2001 Taxpayer nuecr LAST STATEMENT vat May 25, 2001 EFTA00197904

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 . 3 . 4 Transaction Detail .....usssseeeenees 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 6,334,072 10,306,531 NET EQUITY THIS PERIOD $16,640,603 NET EQUITY LAST STATEMENT 17,144,007 CHANGE SINCE LAST STATEMENT ~503,403 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio cash & Equivalen $10,306,531 sen Equa —_—_ $10,671,070 $16,458,822 = $-10,124,750 $16,402 : $-9,929,275 fie2] Current market value ERB] Last statements market value [[] Short market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD April 28,2001 May 25,2001 account suvccr Twraver maccn April 27,2001 THROUGH LAST STATEMENT Important Message In an effort to deliver statements to you more efficiently, Bear Stearns has enhanced the distribution of statements to household accounts. Beginning in June, all statements with the same Address and Social Security number / Taxpayer identification number will be mailed in a single envelope. For further details, please contact your There are no "Stop Loss" orders or other pending buy account executive. or sell open orders on file for your account. Please report any difference or nemroceipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. 027 05/26/01:10:08 001 va7e EFTA00197905

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/26/01 ;10:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS va7e8 EFTA00197906

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 3 of6 Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD YEAR TO DATE OpeningBalance $10,671,069.52 Dividends 805.84 113,041.26 . Credit Balance Int. 2,692.10 36,714.82 Funds Deposited 600,000.00 sesannnuuunassssssenenenssssaneneeeneeenseeeeeeenses Dividends/Interest 35,461.97 TOR snceueesreies neweereeneeeee Looe ited $635,461.97 Amount Cr Funds Withdrawn Portfolio Composition Amount Debited SHORT LONG Net Cash Activity Cash/Cash Equivalent 10,306,531 Equities 10,124,750 16,458,822 Same day wansters of cath between account types are net inched in this Tota eercereessserreereere 91021 24;750___ $28,765,353 section, such transfers, as well as details for all other transactions tis period, appear in Transaction Detail Cash Balance Summary OPENING CLOSING Cash 198,815.95 0.00 Margin 378,240.00 24,732.89 Short 10,094,013.57 10,281,798.60 Net Cash Balance $10,671,069.52 $10,306,531.49 027 08/26/01 ;10:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 account sumccr raver maccn LAST STATEMENT April 27,2001 Your Portfolio Allocation Cash & Equivalent— Equities 45% Short Equities. 27% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, va7e8 EFTA00197907

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of6 Your Portfolio Holdings CASH & CASH EQUIVALENTS WAARKET ESTIMATED DESCRIPTION SYMBOLICUSP: QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 10.306.531 TOTAL CASH & CASH EQUIVALENTS $10,306,531 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIETION = USIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANK PLUS CORP CASH 51,500 MEDTRONIC INC CASH 191 “410 42. 5000 8,134,925 38,282 0.4706 MEDTRONIC ING SHRT 7 “S 0.4706 tr — Ss ce ce | a -3,803,250 -1 05,600 2.7766 PNC FINANCIAL SVCS GROUP INC TYCO INTERNATIONAL LTD SHAT -55,000 56.7500 -3,121,250 -2,750 0.0881 Total Equities& Options $6,334,072 $46,203 TOTAL EQUITIES $6,334,072 $46,203 YOUR TOTAL ESTIMATED ANNUAL INCOME $46,203 YOUR PRICED PORTFOLIOHOLDINGS $16,640,603 oz? 06/2601 ;10:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 26,2001 THROUGH ACCOUNT NUMBER May 25, 2001 Twpaver nuvecr LAST STATEMENT va7e April 27,2001 EFTA00197908

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 INSTITUTIONAL INTERESTS 5 of6 STATEMENT PERIOO April 26,2001 THROUGH May 25, 2001 Transaction Detail account wucce | Twpaver nuvecr INVESTMENT ACTIVITY LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/22/01 JOURNAL TYCO INTERNATIONAL LTD -64,467 JOURNAL FROM TYPE 1 TO 2 WES INTERNATIONAL 5) “HH 64,467 JOURNAL FROM TYPE 1 TO 2 O5/23/04 JOURNAL TCO INTERNATIONAL TT’ JOURNAL FROM TYPE 2 TO 1 JOURNAL JOURNAL FROM TYPE 2 TO 1 TOTAL DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 05/22/01 FND WIRED MDA#MB107062FNDS WIRED TO 1,000,000.00 UST COMPANY Fi CTC NJ F071 14200FA501 TOTAL $-1,000,000.00 $600,000.00 DIVIDENDS DATE OESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CAEDIT AMOUNT 05/02/01 TYCO INTERNATIONAL LTD [| 64,467 0.0125 805.84 REC 04/02/01 PAY 05/02/01 TOTAL $805.84 027 06/26/01;10:08 001 va7e EFTA00197909

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Cor Bear, Stearns & Co. Inc. One Mebane ‘Center Non 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 6 of6 STATEMENT PERIOO April 28,2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER May 25, 2001 Taxpayer nuwecr INTEREST LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE [sb DEBIT AMOUNT CREDIT AMOUNT 05/21/01 INTEREST ONCREDIT BALANCE 3.5000 663.36 AT 3 1/2% 05/15 THRU 05/20 AT 4.000% 04/21 THRU 05/14 05/21/01 SHTACCT FEE 04/21-052001 31,964.03 TOTAL $34,656.13 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL MARK TO MARKET 164,738.00 JOURNAL MARK TO MARKET 312,021.00 OSiai0T JOURNAL MARK TO MARKET SHORT POS 312,021.00" 08/22/01 JOURNAL JOURNAL FROM TYPE 2 TO 1 “JOURNAL JOURNAL FROM TYPE S76 7" 05/23/01 JOURNAL JOURNAL FROM TYPE 1102 600,000.00 TOTAL $-2,672.149.11 $2,672,149.11 027 08/26/01 ;10:08 001 va7e April 27,2001 EFTA00197910

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , » 3 Your Portfolio Holdings . . 4 Transaction Detail .....usssseeeeneres 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 6,472,937 10,671,070 NET EQUITY THIS PERIOD $1 7,144,007 NET EQUITY LAST STATEMENT 17,419,595 CHANGE SINCE LAST STATEMENT -275,588 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomreceipt of checks or stocks, indicated as deltverad to you, % Client Senices at 800-634-1428; cr write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH ACCOUNT NUMBER Twraver mancn INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 LAST STATEMENT Market Value of Your Portfolio $10,671,070 ities $16,402 - $-9.929,275 > $9,548,122 fee] Current market value EBB] Last statements market value (Short market value 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. 027 04/28/01;17:05 001 April 27,2001 March 30,2001 vant EFTA00197911

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/28/01 ;17:05 001 vant EFTA00197912

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of? 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $10,849,602.57 Funds Deposited 5,019,668.91 Dividends/Interest 82,650.54 Amount Cr ited $5,102,319.45 Funds Withdrawn -750,000.00 Dividends/Interest Charged -30,852.50 Miscellaneous -4,500.000.00 Amount Debited $-5,280,852.50 Net Cash Activity -178,533.05 Same day transfers of cath between account types are mot inchuded in this section; such transfers, as well as details for all other transactions tis period, appear in Transaction Detail. New York, New York 10167 Cash Balance Summary OPENING Cash 382,603.35 Margin 1,235,124.00 Short 9,231 875.22 Net Cash Balance Income Summary THS PERIOD Dividends 41,597.54 Credit Balance Int. 4,946.15 Total $46,543.69 Portfolio Composition SHORT Cash/Cash Equivalent Equities 9,929,275 CLOSING 198,815.95 378,240.00 10,094.013.57 $10,849,602.57 $10,671,069.52 YEAR TO DATE 112,235.42 34,022.72 $146,258.14 LONG 10,671,070 16,402 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO March 31,2001 April 27,2001 account sumccr raver maccn March 30, 2001 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent 29% Equities 45% Short Equities 26% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 04/28/01 ;17:05 001 vant EFTA00197913

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 April 27,2001 accouvt numecr Twpaver nuvecr THROUGH LAST STATEMENT March 30, 2001 WAARKET ESTIMATED DESCRIPTION SYMBOLICUSP: QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 10.671,070 TOTAL CASH & CASH EQUIVALENTS $10,671,070 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRITION — CUSIP TYPE QUANTITY PRIE VALUE __ ANNUAL INCOME YELD (14) BANK PLUS CORP CASH 10,000 5.0200 50,200 MEDTRONIC INC | CASH 191 “410 44. 2500 8,469,893 38,282 0.4520 MEDTRONIC ING “S SHAT : “3,332,025 0.4520 PNC FINANCIAL SVCSGAOUP INC ‘ef CASH 66,723 66. 7300 4.415.728 128, 108 2.9012 PNG FINANCIAL SVCSGAROUP INC | 55,000 66.1800 -3,639,900 "105,600 2.9012 TYCO INTERNATIONAL LTD i | SHAT -55,000 53.7700 -2,957,350 -2,750 0.0930 Total Equities& Options $6,472,937 $46,203 TOTAL EQUITIES $6,472,937 $46,203 YOUR TOTAL ESTIMATED ANNUAL INCOME $46,203 YOUR PRICED PORTFOLIOHOLDINGS $17,144,006 O27 04/28/01 ;:17:05 001 yal EFTA00197914

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BEAR STEARNS 5 of? Transaction Detail DEPOSITS AND WITHDRAWALS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 accouvt numecr Twpaver nuvecr LAST STATEMENT March 30, 2001 DEBIT AMOUNT 750,000.00 DATE TRANSACTION DESCRETION CREDIT AMOUNT 04/02/01 FND WIRED FNDS WIRED TO FD#08593 CTC TODAY ENDS WIRED TO CiTiBANK FROM 5.000,000.00 O4i02I0T FUNDS REC INSTITUTIONAL INTERESTS cm O48 FUNDS REC past TO CiTiBANK FROM 757931 CHASE TOTAL $-750,000.00 $5,019,668.91 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 04/09/01 MEDTRONIC INC 3,765.00 DIV CHG + 75300 SHS SHORT REC 04/06/01 PAY 04/27/01 DIV CHG +5S000 SHS SHORT REC 04/13/01 PAY 04/24/01 DIV CHG 55000 SHS SHORT REC 04/02/01 PAY 05/02/01 O27 04/28/01 ;:17:05 001 var EFTA00197915

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 6 of? . STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER Fs DIVIDENDS (continued) LAST STATEMENT = March 30, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY (s) CEBIT AMOUNT CREDIT AMOUNT 04/27/01 MEDTRONIC INC 191,410 0.0500 9,570.50 REC 04/06/01 PAY 04/27/01 TOTAL $-30,852.50 $41,597.54 INTEREST DATE DESCRIPTION SYMBOLCUSIP QUANTITY RATE (Se DEBIT AMOUNT CREDIT AMOUNT 04/23/01 INTEREST ON CREDIT BALANCE 4.0000 363.76 4/18 THRU 04/20 “INTEREST GN CREDIT BALANCE” 45000 4582.39 AT 4 1/2% 03/21 THRU 04/17 oaeaior™ 04/23/01 SHT ACCT FEE 03/21-042001 36,106.85 TOTAL $41,053.00 MISCELLANEOUS MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 04/02/01 JOURNAL TO 047-30185 4,500,000.00 PER LOA oaiozior™ oaiezOT JOURNAL MARK TO MARKET SHORT POS “ 316,246.60 04/16/01 JOURNAL MARK TO MARKET 314,011.00 “JOURNAL MARK TG MARKET SHORT POS “ 314,017.00 O27 04/28/01 ;:17:05 001 vant EFTA00197916

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 ot? Transaction Detail (continued) MISCELLANEOUS (continued) OATE wal TRANSACTION DESCRIPTION 04/23/01 JOURNAL MARK TO MARKET MARK TO MARKET SHORT POS (stor) ****** End of Statement™***** \ / —/ DEBIT AMOUNT 562,245.00 $-6.028,120.00 CREDIT AMOUNT "562,245.00 $1,528,120.00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 accouvt numecr Twpaver nuvecr LAST STATEMENT March 30, 2001 (04/28/01 ;17:05 001 vert EFTA00197917

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BEAR STEARNS ACCOUNT EXECUTIVE ZICHERMAN, IRA OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 TELEPHONE THROUGH March 30, 2001 VISIT OUR WEBSITE — wwnw.bearstearns.com . account xumccr What's In This Statement Macalbossdeclsllsnadil Taxpayer nuwecr [ED Financial Summary . ; 3 INSTITUTIONAL INTERESTS LAST STATEMENT February 23.2001 Your Portfolio Holdings . . 4 FINANCIAL TRUST CO TTEE *° Transaction Detail vitesse 5 ATTN JEANIE GRENNEN Your M 7 6100 RED HOOK QUARTER Our MESSAGES ssssrsessessesseeseeteseanseeseetsate SUITE 8-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Important Notice Decimal Trading is Here for 0,849,603 snserananeancenea®| neasaanesnasanccansesst sensanisaneense anasanasn $17,468,761 : $-10,425,085 (€-9.21 1/2) to decimal NET EQUITY THIS PERIOD $17,419,595 maw. pricing (0.9. $21-50)or eeeneennannnnnn sess aenuennennnneananaaess ss annnaannnnnnen saeennenneee Current market value equities and options. NET EQUITY LAST STATEMENT 18,980,473 {BBE Last statement's market value boonoh securities iat h in phased in during Marc! CHANGE SINCE LAST STATEMENT -1,560,878 J Short market value and the remaining securities There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please mport any difference or nee-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. This summary i for informational purposes only. It Is mot intended as a tax document are scheduled to be trading in decimals in April. For details, visit our website at wwew.bearstearns. com. ‘This statemem should be retained for your records. See reverse side for important information. a2? 04/31/01 ;17:58 001 V466 EFTA00197918

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/31/01 ;17:58 001 v466 EFTA00197919

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $11,936,796.91 Funds Deposited 79,506.00 Dividends/Interest 50,492.68 Miscellaneous 1,982,806.98 Amount Credited Funds Withdrawn Amount Debited Net Cash Activity Same day transfers of cash between account types are mot inchuded in this section, such transfers, as well as details for all offer transactions tis period, appear in Transaction Detail New York, New York 10167 Cash Balance Summary OPENING CLOSING Cash 0.00 382,603.35 Margin 812,968.92 1,235,124.00 Short 11,123,827.99 9,231,875.22 Net Cash Balance $11,936,796.91 $10,849.602.57 Income Summary THS PERIOD YEAR TO DATE Dividends 1,147.00 70,637.88 Credit Balance Int. 8,579.45 29,076.57 Total ; $9,726.45 $99,714.45 Portfolio Composition SHORT LONG Cash/Cash Equivalent 10,849,603 Equities 9,548,122 16,118,114 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 3 of? STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account sumccr raver maccn LAST STATEMENT February 23,2001 Your Portfolio Allocation Cash & Equivalent— 30% Equities 44% Short Equities— 26% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 04/31/01 ;17:58 001 v466 EFTA00197920

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 47 Your Portfolio Holdings CASH & CASH EQUIVALENTS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH ACCOUNT NUMBER March 30,2001 Twpaver nuvecr February 23,2001 LAST STATEMENT NANAKET ESTIMATED DESCRIPTION SYMBOLICUSP QUANTITY PRICE VALUE _ ANNUAL INCOME CASH BALANCE 10.849.603 TOTAL CASH & CASH EQUIVALENTS $10,849,603 EQUITIES Equities & Options ACT MARKET ESTIMATED CURRENT DESCRIPTION = CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANK PLUS CORP CASH 10,000 5.5630 55,630 MEDTRONIC INC | CASH 191 “410 45.7400 8,755,093 38,282 0.4373 MEDTRONIC INC “S SHAT "75,300 45.7400 -3,444,222 -15,060 0.4373 PNC FINANCIAL SVCSGAOUP INC ‘ef CASH 66,723 67. 7500 4.520.483 128,108 2.8339 PNC FINANCIAL SVCS GROUP INC | -55,000 67.7500 -3,726,250 -105,600 2.8339 TYCO INTERNATIONAL LTD i | SHAT -55,000 43.2300 -2,377,650 -2,750 0.1157 Total Equities& Options $6,569,992 $46,203 TOTAL EQUITIES $6,569,992 $46,203 YOUR TOTAL ESTIMATED ANNUAL INCOME $46,206 YOUR PRICED PORTFOLIOHOLDINGS $17,419,594 a2? 04/31/01;17:88 001 v466 EFTA00197921

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of? Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT (CREDIT AMOUNT 03/15/01 FND WIRED ict TO 3,200,000.00 FD#01502 INSTITUTIONAL INTEREST REP NAT BK OF NY TOTAL $-3.200,000.00 $79,506.00 DIVIDENDS DATE DESCRIPTION SYMBOLGUSIP QUANTITY RATE (S$) DEBIT AMOUNT 03/08/01 PFIZER INC PFE 900 0.1100 REC 02/15/01 PAY REC 02/16/01 PAY 03/10/01 “JOHNSON iGHNsoW INI 650 "63300 REC 02/20/01 PAY 03/13/01 OS TSIOT ET BU BONT BE NEMOURS & CS oo 200°" "3500 REC 02/1501 PAY 03/14 03/16/01 DUKE ENERGY CORP ” DUK 18000-2750 FORMERLY DUKE POWER CO REC 02/16/01 PAY 03/16/01 osisor~ 30800 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account uncer Taxpayer nuwecr LAST STATEMENT February 23,2001 CREDIT AMOUNT 99.00 495.00 TOTAL $1,147.00 04/31/01 ;17:58 001 v466 EFTA00197922

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of? Transaction Detail (continued) INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT 03/21/01 INTEREST ONCREDIT BALANCE 4.5000 AT 4 1/2% 03/20 THRU 03/20 AT 5,000% 02/21 THRU 03/19 Oa/21101 SHTACCT FEE 02/21-032001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account uncer Taxpayer nuwecr LAST STATEMENT February 23,2001 (CREDIT AMOUNT 156.13 40,766.23 TOTAL $49,345.68 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREOIT AMOUNT 02/26/01 JOURNAL MARK TO MARKET 698,742.00 JOURNAL JOURNAL FROM TYPE 210 1 1,511,710.92 JOURNAL FROM TYPE 210 1 1,902,806.98 D Os5i07 JOURNAL MARK TO MARKET 89,250.00 JOURNAL MARK TO MARKET SHORT POS 89,250.00 MARK TO MARKET 1,003,550.00 JOURNAL MARK TO MARKET SHORT POS 1,003°550.00 04/31/01 ;17:58 001 v466 EFTA00197923

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 7 ot? Transaction Detail (continued) MISCELLANEOUS (continued) DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 03; 1 JOURNAL MARK TO MARKET 2! 03/26/01 JOURNAL MARK TO MARKET SHORT POS 280,592.00 TOTAL $-5,605,736.90 $7,588,543.88 Your messages 1 Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2000 and January 26, 2001, the Company's net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $572,456,000 and $559,381,000 by $2,048.504,000 and $2,202,436,000, 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, stop] **e*** End of Statement™***** \/ CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account uncer Taxpayer nuwecr LAST STATEMENT February 23,2001 (0€/31/01;17:88 001 Vee6 EFTA00197924

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE + wnw.bearstearns.com What’s In This Statement Financial Summary . » 3 Your Portfolio Holdings . . 4 Transaction Detail .....sscssseeeenees 5 Your M@SS4Q@5 Awan 2S Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 7,043,676 NET CREDIT BALANCE 11,936,797 NET EQUITY THIS PERIOD $18,980,473 NET EQUITY LAST STATEMENT 21,972,360 CHANGE SINCE LAST STATEMENT -2,991,887 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. Bear, Stearns Securities Corp. STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account numccr = WesalLassdesls Hessel Taxpayer wuecr [ LAST STATEMENT January 26, 2001 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS Vi 00802 Market Value of Your Portfolio 11,936,797 Equities $17,468,761 : $-10,425,085 $19,521,581 : $-11,640,921 fee] Current market value GB] Last statements market value ([) Short market value Please report any diference or nomraceipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document. % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3659. o27 02/24/01;20:42 001 EFTA00197925

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2 of 23 STATEMENT BACKER IS PRINTED ON THIS PAGE o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 02/24/01;20:42 001 EFTA00197926

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 3 of 23 Cash Flow Analysis Income Summary THIS PERIOD mes reno OpeningBalance $14,091 699.97 Dividends 1,493.34 . Credit Balance Int. 14,276.15 Securities Sold 2,062,920.22 sess aunenenenenenenenenenssssaneeneneneneneneneneces Funds Deposited 4,558,916.38 TOR aosscrsasesscsererenerees 8 191 709-49 Dividends/Interest 61,382.21 Miscellaneous 2,337,589.66 Amount Cr ited Portfolio Composition SHORT Securities Bought Cash/Cash Equivalent Funds Withdrawn -9,109,311.00 Equities 10.425.085 Net Cash Activity Same day tansfers of cash between account types are mot included in this section; auch transfers, as well as details for all other transactions this period, appear in Transaction Detel. Cash Balance Summary OPENING CLOSING Margin 3,080,199.70 812,968.92 Short 11,011,500.27 11,123,827.99 Net Cash Balance $14,091,699.97 $11,936,796.91 $89,988.00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr raver maccn LAST STATEMENT January 26, 2001 YEAR TO DATE 69,490.88 20,497.12 LONG 11,936,797 17,468,761 $29,405,558 Your Portfolio Allocation Cash & Equivalent— 30% Equities 44% Short Equities— 26% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, o27 02/24/01,20:42 001 EFTA00197927

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of 23 Your Portfolio Holdings CASH & CASH EQUIVALENTS WAARKET ESTIMATED DESCRIPTION SYMBOLICUSP: QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 11.936.797 TOTAL CASH & CASH EQUIVALENTS $11,936,797 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIETION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANK PLUS CORP CASH 10,000 4.5000 45,000 CASH 191,410 48.9500 MEDTRONIC INC Le @ MEDTRONIC INC | | SHAT PNG FINANCIAL SVCSGAOUP ING | | CASH 68.7500 4,587,206 128.108 2.7927 senna = "rns srs nes as Total Equities& Options $7,043,676 $46,203 TOTAL EQUITIES $7,043,676 $46,203 YOUR TOTAL ESTIMATED ANNUAL INCOME $46,206 YOUR PRICED PORTFOLIOHOLDINGS $18,980,472 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO January 27,2001 THROUGH February 23, 200 account sumccr Twpaver nuvecr LAST STATEMENT January 26, 2001 02/24/01,20:42 001 1 EFTA00197928

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metatech Conter North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 5 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23, 2001 Transaction Detail ACCOUNT NUMBER raxpaver nuvocr INVESTMENT ACTIVITY LAST STATEMENT January 26, 2001 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION YMBOL QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/15/01 JOURNAL AOL Til AOL 800 FROM: * JRL * “JOURNAL ACE TIBOR FROM: * JRL * ALZACORR "JOURNAL JOURNAL 87,114.30 JOURNAL BED i BBBY 1,500 28,797.00 revi 50,924.72 JOURNAL CITIGR c 1,300 62,398.29 FROM: * JRL * OUBNAI COLGATE BA MOIVE CO cu: * JAL* 027 02/24/01;20:42 001 EFTA00197929

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 fl INSTITUTIONAL INTERESTS 6 of 23 STATEMENT PERIOO January 27,2001 THROUGH February 23, 2001 Transaction Detail (continued) ——— TAXPAYER NUMBER Fs INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT JOURNAL enon il i cbpo 1,500 25,118.85 FROM: * JAL* COMABUTER SCIENCES CORB" Le “JOURNAL FROM: * JRL * “DOVER CORB FROM: * JRL * OATS “JOURNAL” “Bove T6606 39 /534°86 JOURNAL DUKE ENERGY CORP DUK 1,800 66,701.61 FORME! c FROM: * JAL* JOURNAL EMC re EMC 400 47,733.19 53 6683.76 JOURNAL ELAN = ~—_l ELN 437 JOURNAL GENER; GD 300 20,364.78 FROM: * JAL* 027 02/24/01;20:42 001 EFTA00197930

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT a Bear, Stearns Securities Corp Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 7 of 23 STATEMENT PERIOO January 27,2001 THROUGH February 23, 2001 Transaction Detail (continued) account umccrh vaxpayer numer INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/15/01 JOURNAL HISPANIC BROADCASTING CORP HSP 500 10,607.19 BRR RNB BEBE Gn ab SIS BO FROM: * JAL* 02/15/01 JOURNAL HOUS INC HI 900 47-79880° 0: JOURNAL ILLINO! Tw 300 16,595.87 FROM: * JAL* “INTERNATIONAL BUSINESS ibid 400 33/205 :36""" MACHI FROM: * JRL * oziisior™ JOURNAT "INTERNATIONAL PAPER iP 300 9.02325" FROM: ens * JAL* s/eemeaneanenmene as ey fvenenneme ne eccentrics sennencencenrenne on eeaagznrenraneesorenraaraaranteg is oranraaraeraeraetstaneagranennenee sea FROM: * JRL * “JOHNSON JOHNSON Ni 650 5866.57" JOURNAL ESTEE LAUDER COMPANIES INC EL 1,500 57,459.30 027 02/24/01;20:42 001 EFTA00197931

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT a Bear, Stearns Securities Corp Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 8 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23, 2001 Transaction Detail (continued) account umccrh vaxpayer numer INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/15/01 JOURNAL ELI LIL! uy 500 35,651.00 FROM: * JRL * BBE SURNAME SOB IIS eee Ra parr ssreesreessrezeag ins enneennennrennsessoneaaneannnennnnenagenssgagnsg FROM: * JRL * nnn monn ncn pip mmnnmnnn mmm as 02/15/01 JOURNAL NEXTEL COMMUNICATIONS INC-CL A NXTL 600 28,524.15 FROM: * JRL * “ORACLE CORP ORCL 1,600 5226631" FROM: * JAL* PFIZER_INC PFE 900 35,367.87 FROM: * JRL * ROYAL DUTCH PETROLEUM CO Frc lily FROM: * JRL * 36.74 30167773" FROM: * JRL * SUN Mico SUNW 1,600 a567011 FROM: * JRL * gen STRATA SETI DAC stemreateatentensoeconegnenmteneeneesssseneenecnesneaneysseenesnenegteaee is senneaneaeeaeens sega FROM: * JAL* {vamenencnnenencnnnen yy speumretnneronnnn esanigy STRTEERNATISRS CES eee atetetetetnen ss segmmeeacnenr ss eaenenrnacnne ns enenrnanntnan is satnenrnnnnnnn a eae JURNAL IN 1,300 64,530.3 FROM: * JRL * 027 02/24/01;20:42 001 EFTA00197932

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | TAXPAYER NUMBER: ; INVESTMENT ACTIVITY (continued) LAST STATEMENT —_ January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/15/01 JOURNAL TELLAI TLAB 200 10,229.82 FROM: * JAL* BEI SUERTE EBS NEW crreaeeesreee ses senpepmeeenneennneneesannnennnnennnnseas sy sceannennnrennnneneessoneenaneaannenanee ig seaeaegsoen FROM: * JRL * Ssvnennsnennsne gt pnennnnen scutes cnennenennnnen is setypennnenes is eennenennnnign nnnenennnnn is sennunennntnt sgt JOURNAL WASHINGTON MUTUAL INC WM 1,500 61,073.97 FROM: + JRL* WAL-MART STORES INC Wit $00 42,663.35" FROM: * JRL * Os TEIO4 JOURNAT COCA COLA'CO <a) 400 10,157.35" FROM: * JRL * ROL TIME WARNER INC UNSOLICITED “SOL RCET i) UNSOLICITED OsTSI04 49°30076 ACL ja00 UNSOLICITED SEE NOTE * INC UNSOLICITED WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 71 15/16 DIFFERENCE - 0,060000 027 02/24/01,20:42 001 EFTA00197933

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) i Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 02/16/01 SOLD BED BATH & BEYOND INC BBBY -1,500 26.31500 39,471.18 UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 26,375000 DIFFERENCE - 0.060000 AS OF 02/16/01 UNSOLICITED ORBET ORTEOT SOB CIIGRGUP NC on "1300" 5485100 UNSOLICITED 02/22/01 02/16/01 SOLD CISCO SYSTEMS INC csco -2,300 28.00250 WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 28 1/16 DIFFERENCE - 0.060000 2/2201" “Oaiieiot SOB CLOROX SS cix "300 3636880 32,676.82 UNSOLICITED 7723592 64,403.60 5886076 02/22/01 23,493.49 UNSOLICITED PALMOLIVE CO a "300 59.02500 '53,066.7. UNSOLICITED COMPUTER SCIENCES CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED mat -1,000 40.78530 40,723.94 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED DUKE ENERGY CORP DUK “7,800 4734650 FORMERLY DUKE POWER CO UNSOLICITED ORSST ORTEOT SOLD ETOU PONT DE NEMOLAS'S C5 ils) “B60 43°45000 UNSOLICITED 576 Poo or 02/22/01 7431324 02/22/01 02/16; 8639-71 o27 02/24/01,20:42 001 EFTA00197934

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 11 of 23 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account xumccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 Transaction Detail (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/22/01 02/16/01 SOLD ENON MogiL CORP XOM -600 84.29000 50,522.31 UNSOLI UNSOLICITED UNSOLICITED GENERAL DYNAMICS CORP 02/22/01 33,82473 02/22/01 90/9348 02/22/01 10 UNSOLICITED WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED UNSOLICITED ORBET OR TEOT SOLE INTERNATIONAL BUSINESS ig “400 17436600 MACHINES CORP UNSOLICITED ORBBT ORTEOT SOLE INTERNATIONAL PAPER CO iP “360 37°35000 UNSOLICITED 45,628.47 1154.62 02/22/01 02/16/01 SOLD JUNIPER NETWORKS JNPR -300 81.89640 24,568.10 WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 81,956400 DIFFERENCE - 0,060000 UNSOLICITED UNSOLICITED OSB T ORTEOTSOLT ESTEE LAUDER COMPANIES INC ef “T5606 39°58600 CLA UNSOLICITED 5494636 $9,287.02 o27 02/24/01;20:42 001 EFTA00197935

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 02/16/01 SOLD ELI LILLY & CO LLY -500 73.44610 36,671.82 UNSOLICITED WiGIC INVESTMENT CORF-WiSC"” Kite” “1,406 60.46176 UNSOLICITED NORTEL NETWORKS CORP NT “7,100 79:95000 UNSOLICITED ORACLE WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 24 3/8 DIFFERENCE - 0.060000 02/22/01 02/16/01 SOLD WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED ORBIT OBSIOT SOLD ROVAT DUTCH PETROLELIN'CO' aD 5000 "6068000 NY REGISTRY (DG 1,25 PAR) UNSOLICITED 02/22/01 02/16/01 SOLD SCHERING PLOUGH CORP SGP -300 41.30000 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED 02/22/01 02/16/01 SOLD SUN MICROSYSTEMS INC SUNW -1,600 23.06500 36,902.76 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 23 1/8 DIFFERENCE - 0.060000 UNSOLICITED 02/22/01 84,559.55 02/22/01 21 878.26 02/22/01 "45.23000 30,2889 {233958 o27 02/24/01;20:42 001 EFTA00197936

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 02/16/01 SOLD TELLABS INC TLAB -200 49.82540 9,964.74 UNSOLICITED AVG PRICE: DETAILS ON REQUEST UNIT PRICE 50,075400 DIFFERENCE - 0.250000 UNSOLICITED ORBBT ORTEOT SOLE WALWART STORES INC Wit? "S60 $1.86260 46,620.78 UNSOLICITED 63733101 JOURNAL ROU TIME WARNER INC JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL ACE LTD-ORD JOURNAL FROM TYPE 2 TO 1 02/22/01 ORR OBST Fl TY INC JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 o27 02/24/01,20:42 001 EFTA00197937

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 14 of 23 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer NuvcR INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL COLGATE PALMOLIVE CO cL 900 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL COMPUTER SCIENCES CORP JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL DOVER CORP FORMERLY DUKE POWER CO Fi Ty T JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL EXXON MOBIL CORP JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL FLEXTRONICS INTERNATIONAL LID JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL GENERAL DYNAMICS CORP JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL HISPANIC BROADCASTING CORP CLA JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL HOME DEPOT INC o27 02/24/01,20:42 001 EFTA00197938

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL HOUSEHOLD INTERNATIONAL INC HI 900 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL ILLINOIS TOOL WORKS INC JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL INTERNATIONAL BUSINESS MACHINES CORP JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL JUNIPER NETWORKS Fl TY JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL ESTEE LAUDER COMPANIES INC EL 1,500 CLA JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 O2/22I07 JOURNAT MGIC INVESTMENT CORF-WiSC™ JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL NEXTEL COMMUNICATIONS JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 o27 02/24/01,20:42 001 EFTA00197939

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 16 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer NuvcR INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL PFIZER INC PFE 900 JOURNAL FROM TYPE 2 TO 1 03/33/04 JOURNAL ROVAL DUTCH PETROLEDIN' Ci NY REGISTRY (DG 1,25 PAR) JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 Os183i04 JOURNAL SBC COMMUNICATIONS INC ORB3/07 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 Os153i01 JOURNAL TIFFANY & GO NEW JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 ORS3I04 JOURNAL WASHINGTON MUTUAL INC JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL WAL-MART STORES INC JOURNAL FROM TYPE 2 TO 1 JOURNAT ROL TIME WARNER INC” JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 INC JOURNAL FROM TYPE 2 TO 1 o27 02/24/01,20:42 001 EFTA00197940

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer NuvcR INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL AMGEN INC AMGN -500 JOURNAL FROM TYPE 2 TO 1 03/33/04 JOURNAL BED BATHS BEYOND INC BEY “1500 JOURNAL FROM TYPE 2 TO 1 O2/2307 JOURNAT CONSTELLATION ENERGY GAGUP INC CEG “1,200 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL CITIGROUP INC -1,300 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL COLGATE PALMOLIVE CO cL -900 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL COMDISCO INC cDo -1,500 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL COMPUTER SCIENCES CORP csc -1,300 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL DOVER CORP DOV -1,000 JOURNAL FROM TYPE 2 TO 1 FORMERLY DUKE POWER CO JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 o27 02/24/01,20:42 001 EFTA00197941

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 18 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL ELAN CORP PLC-ADR ELN 437 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL FIRSTAR CORP WIS-NEW FSR -3,900 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL FLEXTRONICS INTERNATIONAL LID JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 Os183i04 JOURNAL HISPANIC BROADCASTING CORP ise “560 CLA 3" JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL ILLINGIS TOOT WORKS TNE JOURNAL FROM TYPE 2 TO 1 OsI3i04 JOURNAL INTERNATIONAL BUSINESS MACHINES CORP JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL JUNIPER NETWORKS JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL JOHNSONS JOHNSON JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL KELLOGG CO JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL ESTEE LAUDER COMPANIES INC CLA JOURNAL FROM TYPE 2 TO 1 -2,000 "500 o27 02/24/01,20:42 001 EFTA00197942

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 19 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL ELI LILLY & CO LLY -500 JOURNAL FROM TYPE 2 TO 1 03/33/04 JOURNAL HiGIC INVESTMENT CORF-WiSC"” vive! “1,406 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL MEDTRONIC INC MDT 87470 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL NORTEL NETWORKS CORP JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 OB/23I07 JOURNAL BNC FINANCIAL SVCS GROUP INC PNG 66733 JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL PFIZER INC PFE “ JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL ROYAL DUTCH PETROLEUM CO RD -500 NY REGISTRY (DG 1,25 PAR) JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL SCHERING PLOUGH CORE JOURNAL FROM TYPE 2 TO 1 02/22/01 JOURNAL SUNMICAOSVSTEMS INC SUNW -1,600 JOURNAL FROM TYPE 2 TO 1 JouaNere SBS COMMUNICATIONS INC JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 JOURNAL FROM TYPE 2 TO 1 o27 02/24/01,20:42 001 EFTA00197943

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 20 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/22/01 JOURNAL UNITED TECHNOLOGIES CORP UTX -600 JOURNAL FROM TYPE 2 TO 1 Os153i04 JOURNAL WASHINGTON MUTUAL INC Wii “1500 JOURNAL FROM TYPE 2 TO 1 O2/2307 JOURNAT WAL-MART STORES INC JOURNAL FROM TYPE 2 TO 1 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED UNSOLICITED SEE NOTE "S" ON BACK TRON LID UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 33 13/16 DIFFERENCE - 0,000000 o22ai01 O2i20/01 SOLD HISPANIC BROADCASTING CORP Hise "500 23.85000 Tera" CLA UNSOLICITED NEXTEL COMMUNICATIONS INC-CL A NXTL -600 24.72250 14,833.00 UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 24 13/16 DIFFERENCE - 0,090000 OST ORB00TSOLB TES INTERNATIONAL LIB UNSOLICITED VSP 1300 09/21/00 @ 49,66 TIFFANY & CO NEW UNSOLICITED 02/23/01 02/20) "65440 C7 RE oe INTERNATIONAL 87-12360 74,18020 02/23/01 32°88326 32,822.16 o27 02/24/01,20:42 001 EFTA00197944

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratach Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | INSTITUTIONAL INTERESTS 21 of 23 STATEMENT PERIOD January 27,2001 THROUGH February 23, 2001 Transaction Detail (continued) accouvt xumccr | teaver wwocr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/23/01 02/20/01 SOLD WASHINGTON MUTUAL INC WM -1,500 §1.11210 76,575.59 UNSOLICITED TOTAL $-2,066,400.53 $2,062,920.22 DEPOSITS AND WITHDRAWALS DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/07/01 FND WIRED 109,311.00 FUNDS REC FRB WIRES ‘02/3107 END WIRED MOAH ENDS WIAED TO 4,000.000.00 COMPANY FD#O1158 TOTAL $-9,109,311.00 $4,558,916.38 DIVIDENDS DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CERT AMOUNT CREDIT AMOUNT 02/02/01 TYCO INTERNATIONAL LTD TC 119,467 0.0125 1,493.34 REC 01/02/01 PAY 02/02/01 TOTAL $1,493.34 027 02/24/01;20:42 001 EFTA00197945

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BEAR STEARNS 22 of 23 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT ewe, Sienres Germahies On 1, Stean r Bear, Stearns & Co. Inc. One Metratech preg hers 245 Park Avenue Brocklyn, New York 11201-3859 New York, New York 10167 a INSTITUTIONAL INTERESTS STATEMENT PERIOO January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) accouvt xumccr | INTEREST Twpaver nuvecr LAST STATEMENT January 26, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE [%} DEBIT AMOUNT CREDIT AMOUNT 02/21/01 INTEREST ONCREDIT BALANCE 5.5000 5,067.40 AT 5 1/2% 01/21 THRU 01/30 AT 5,000! 'SHT ACCT FEE 01 INTEREST ON CREDIT BALANCE” 5.6000 9208-75 1/31 THRU 02/20 45,612.72 TOTAL $59,888.87 MISCELLANEOUS TRANSACTION JOURNAL JOURNAL oa zoT JOURNAL JOURNAL JOURNAL DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT MARK TO MARKET 629,421.00 JOURNAL FROM TYPE 210 1 109,311.00 URINAL FROM TYPE 2707 169;377-007" MARK TO MARKET 251,243.00 "MARK TO MARKET SHORT POS FROM: 2 ims 027 02/24/01,20:42 001 EFTA00197946

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS Transaction Detail (continued) MISCELLANEOUS (continued) WRDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/15/01 JOURNAL ELAN — 4,141.07 FROM: . AR . 1607 JOUANAT JOURNAL FROM TYPE 2767 500i 000:00 RARBK TS MARKET SHORT POS "JOUANAT FAGH: *JRL* *JRL* aelt)-15) JOURNAL FROM TYPE Ta70sisea” JOURNAL JOURNAL FROM TYPE 1TO2 TOTAL $-3,943,357.76 270,112.58 $6,280,947.42 Your messages The interest, if any, charged to your account during December 2000 was computed on the net debit balance through December 28, The interest, if any, charged to your account during January 2001 is computed from December 29, 2000. 23 of 23 27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 accouvt numecr Twpaver nuvecr LAST STATEMENT January 26, 2001 02/24/01:20:42 001 EFTA00197947

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE wew.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 . 3 . 4 Transaction Detail .....sscssseeeneres 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 7,880,660 NET CREDIT BALANCE 14,091,700 NET EQUITY LAST STATEMENT 27,162,274 CHANGE SINCE LAST STATEMENT -5,189,914 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr noe-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clam Services at Bear, Steams Securitios Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3869. INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio $14,091,700 Cash & Equivalent $43,898 ities $19,521,581 fee] Current market value $338] Last statements market value [[) Short market value This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 January 26, 2001 account suvccr rwraver maccn December 29, 2000 THROUGH LAST STATEMENT Important Message Decimal Trading is Coming! Decimal Trading is the shift from fractional pricing : $11,640,921 (@.9.,21 1/2) to decimal pricing (e.9.,$21.50)for equities and options. All trading on NYSE, AMEX, and regional exchanges will be in decimals effective as of 1/29/01. For details, visit our website at www.bearstearns.com. ‘This statemem should be retained for your records. See reverse side for important information. 0127/01;13:44 001 EFTA00197948

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2 of9 STATEMENT BACKER IS PRINTED ON THIS PAGE o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 0127/01;13:44 001 EFTA00197949

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BEAR STEARNS 3 of9 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis Openi: THIS PERIOD Balance $43,898.17 Securities Sold 22,668,907.17 Funds Deposited 5,064,548.76 Dividends/Interest 74,218.51 Miscellaneous 9,914,476.52 Amount Cr ited $37,722,150.96 Securities Bought -3,024,349.16 Funds Withdrawn -16,150,000.00 Miscellaneous -4,500,000.00 Net Cash Activity Amount Debited 14,047,801.80 Samo day Yansfors ct cash batwoen account types are not included in this section; such transfers, as well as dotails for all other transactions this period, appear in Transaction Detail Cash Balance Summary OPENING Cash 43,898.17 Margin 0.00 Short 0.00 Net Cash Balance Income Summary THS PERIOD Dividends 67.997.54 Credit Balance Int. 6,220.97 Total Portfolio Composition SHORT Cash/Cash Equivalent Equities 11,640,921 $74,218.51 CLOSING 0.00 3,080,199.70 11,011,500.27 $43,898.17 $14.091.699.97 YEAR TO DATE 67,997.54 6,220.97 $74,218.51 LONG 14,091,700 19,521,581 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 January 26, 2001 account sumccr raver maccn December 29, 2000 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent— 32% Equities 43% Short Equities— 25% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 01/27/01,13:44 001 EFTA00197950

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 a9 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED DESCRIPTION SYMBOLCUSP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 14.091.700 TOTAL CASH & CASH EQUIVALENTS $14,091,700 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BANK PLUS CORP | | CASH 10,000 4.2500 42,500 MEDTRONIC INC || MAGN 191,410 54.9380 10,515,683 38,282 0.3640 MEDTRONIC INC || SHRT -75,300 54.9380 -4.136,831 -15,060 0.3640 PNC FINANCIAL SVCSGROUP INC || MRGN 66,723 74.3130 4,958,386 128,108 2.5837 PNC FINANCIAL SVCSGROUP INC || SHRT -55,000 74.3130 -4,087,215 -105,600 2.5837 TYCO INTERNATIONAL LTD i | MAGN 64,467 62.1250 4,005,012 3,223 0.0805 TYCO INTERNATIONAL LTD i | SHAT -55,000 62.1250 3,416,875 2,750 0.0805 Total Equities& Options $7,880,660 $46,203 TOTAL EQUITIES $7,880,660 $46,203 YOUR TOTAL ESTIMATED ANNUAL INCOME $46,206 YOUR PRICED PORTFOLIOHOLDINGS $21,972,359 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 accouvt numecr Twpaver nuvecr LAST STATEMENT December 29, 2000 01/27/01;13:44 001 EFTA00197951

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Soar, Stewme Securities Co Y ni vurities "D Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 5 of9 . STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 Transaction Detail ACCOUNT NUMBER vaxpayer numer INVESTMENT ACTIVITY LAST STATEMENT December 29, 2000 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/02/01 12/29/00 SOLD CALL TYCOINTL JANOSS**** 3.10420 EXP 01/20/2001 CUSIP NUMBER TO FOLLOW, UNSOLICITED OPEN CONTRACT AS OF 12/29/00 EXP 01/20/2001 CUSIP NUMBER TO FOLLOW, UNSOLICITED OPEN CONTRACT SOLD CALL PNC FINL GAP JAN O70PBW EXP 01/20/2001 CUSIP NUMBER TO FOLLOW, OPEN CONTRACT SOLD CALL MEDTRONIC JAN 055* EXP 01/20/2001 UNSOLICITED CUSIP NUMBER TO FOLLOW, OPEN CONTRACT CALL TYCO INTL JANOSS* EXP 01/20/2001 AVE QTYCASS ASSIGNED 02337 -1,100 4.32920 472,346.12 01/02/01 12/29) | | | | | 01/03/01 1,100 EXP 01/20/2001 0 101 JOURNAL CALL PNC FINL Gi EXP 01/20/2001 JAN O70PBW AJEQPNCAN ASSIGNED 01682 “SOLD PNC FINANCIAL SVCS GROUP INC PNG "55,000 70.00000 3,849,321. NE QPNCAN 1100 ASSIGNED AS OF 01/2101 027 01/27/01;13:44 001 EFTA00197952

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 6 of9 , STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) accouvt xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/24/01 01/22/01 SOLD MEDTRONIC INC MOT -75,300 55.00000 4,139,479.45 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SHORT, AE QMDTASS 753 ASSIGNED AS OF 01/22/01 SHORT, AJE OPNCAN 1100 ASSIGNED AS OF 01/22/01 TYCO INTEANATIONAL LTD Te "55,000 5.00000 3,023,524. 16 SHORT. NE QTYCASS — 1100 ASSIGNED AS OF 01/2101 SOLD TYCO INTERNATIONAL LTO Te "55,000 5.00000 3,024,349.16 SHORT, NEQTYCASS 1100 ASSIGNED AS OF 01/2101 ores a seeeennenenn eee on NI TN OSS cesses auuessecsennnnusssccnsess —>——e wane ny 444s auensunsessensensesnnssssaueneesnuasensusnusaessss sessenauenseasuasensess EXP 01/20/2001 SOLD TYCO INTERNATIONAL LTD TYC -55,000 55.00000 3,024,349.16 AE QTYCASS 1100 ASSIGNED AO 01/24/01 SD AS OF 0 o1 oTe4i01" "oO o1/24/01 0 01/25/01 0 SHORT, AVE QTYCASS 1100 ASSIGNED A’0 01/24/01 SD AS OF 01/22/01 TO CXL PREVIOUS SELL OT/25i01 JOURNAL MEDTRONIC INC MOT "491,410 JOURNAL FROM TYPE 1 TO 2 01/25/01 JOURNAL PNC FINANCIAL SVCS GROUP INC PNC "66,723 JOURNAL FROM TYPE 1 TO 2 o27 01/27/01,13:44 001 EFTA00197953

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 7 of9 . STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 Transaction Detail (continued) accouvt xumccr | vaxpayer numer INVESTMENT ACTIVITY (continued) LAST STATEMENT © December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 01/25/01 JOURNAL TYCO INTERNATIONAL LTD TYC -119,467 JOURNAL FROM TYPE 1 TO 2 01/25/01 JOURNAL MEDTRONIC INC MDT 191,410 JOURNAL FROM TYPE 1 TO 2 01/25/01 JOURNAL PNC FINANCIAL SVCS GROUP INC PNC 66,723 JOURNAL FROM TYPE 1 TO 2 01725101 JOURNAL TYCO INTEANATIONAL LTD We 119,467 JOURNAL FROM TYPE 1 TO 2 01/26/01 JOURNAL TYCO INTERNATIONAL LTD TYC 55,000 JOURNAL FROM TYPE 2 TO 1 01/26/01 JOURNAL TYCO INTERNATIONAL LTD TY -55,000 JOURNAL FROM TYPE 2 TO 1 TOTAL $-3,024,349.16 $22,668.907.17 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 01/03/01 FND WIRED MD: NDS WIRED TO 9,900,000.00 01/04/01 FND WIRED IDA MB022427 FNDS WIRED To 750,000.00 01/04/01 FUNDS REC ENDS WIRED TO CITIBANK FROM 3,500,000.00 01/05/01 FUNDS REC FNDS WIRED TO CITIBANK FROM 1562.686.00 01/19/01 NASDAQ 00 INSTITUTIONAL 1,862.76 027 01/27/01;13:44 001 EFTA00197954

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 INSTITUTIONAL INTERESTS 8 os STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 Transaction Detail (continued) accouvt xumccr | Twpaver nuvecr DEPOSITS AND WITHDRAWALS (continued) LAST STATEMENT December 29, 2000 DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 01/26/01 FND WIRED MDA: FNDS WIRED TO 5,500.000.00 TOTAL $-16,150,000.00 $5,064,548.76 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CAEDIT AMOUNT 01/24/01 PNC FINANCIAL SVCS GROUP INC PNC 121,723 0.4800 58,427.04 REC 01/12/01 PAY 01/24, MEDTRONIC INC MDT 191,410 0.0500 REC 01/05/01 PAY 01/26/01 TOTAL $67,997.54 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) DEBIT AMOUNT CREDIT AMOUNT 01/22/01 INTEREST ONCREDIT BALANCE 6.0000 58.53 AT 6,000% 12/21 THRU 12/28 01/22/01 INTEREST ONCREDIT BALANCE 6.0000 1,888.27 AT 6,0) 2/29 THRU 01/02 01/22/01 INTEREST ONCREDIT BALANCE 5.5000 4,274.17 AT 5 1/2% 01/03 THRU 01/20 TOTAL $6.220.97 027 01/27/01;13:44 001 EFTA00197955

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 9 of9 INSTITUTIONAL INTERESTS STATEMENT PERIOG December 30,2000 THROUGH January 26, 2001 account uncer Taxpayer nuecr MISCELLANEOUS LAST STATEMENT December 29, 2000 Transaction Detail (continued) DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 01/02/01 JOURNAL FR 102-16490PER LOA 9,914,476.52 PER LOA JOURNAL JOURNAL FROM TYPE 1 102 5.505.139.00 JOURNAL JOURNAL FROM TYPE 1T0 2 01/25/01 JOURNAL JOURNAL FROM TYPE 1 TO 2 41,141.04 01/25/01 JOURNAL JOURNAL FROM TYPE 110 2 a a oon scecsseseeccescescennses souseucseesseceeceesesss seuceuseuscensuecuecesses secsseceucesseussensucss | euscecseecsecen JOURNAL JOURNAL FROM TYPE 1102 3,033.919.66 01/26/01 JOURNAL JOURNAL FROM TYPE 1102 3,033,919.66 TOTAL $-13,080,199.70 $18,494,676.22 (v0) ****** End of Statement*™***** 27 01/27/01-13:44 001 EFTA00197956