Statements EFTA00197957

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New _ New York 10179 Pe INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD November 30,2002 TELEPHONE THROUGH December 31, 2002 VISIT OUR WEBSITE www.bearstearns.com . accowt wuvccr What's In This Statement Hava deseloelslleanselil TAXPAYER NUMBER On File Financial Summary . ; 3 INSTITUTI L INTERESTS LAST STATEMENT November 29, 2002 Your Portfolio Holdings . 1 4 FINANCIAL TRUST CO TTEE Transaction Detail .....ssssseeenees 5 sino neo Hook uANTER Fund Activity wustsuuesssssasnias — 5 SUITE 8-3 Your M@SSAQES .....sessseserseeesseteeene 5 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Important Message $41,007,301 if any information regarding NET CREDIT BALANCE 192,134 _ $22 gross proceeds oF original juities issue discount is required MONEY MARKET FUND BALANCE 40,815,167 $22 to be reported to the IRS for asonsesssssnseonssss sesssecnsonseseancesess ss eusseanconcens enseceseee ‘urrent market value Consolidated Form 1099 Tetanus eae HEB Last statements market value will be mailed to you by January 31,2003o0r a NET EQUITY LAST STATEMENT 40,959,591 1042Sby March 17,2003. CHANGE SINCE LAST STATEMENT 47,732 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase moport any diference or nce-roceipt of checks of stocks, indicated as delivered to you, This summary is for informational purposes only. It is not intended as a tax documert. %© Client Senices at 800-634-1428; cr write to Clem Serves at Bear, Steams Securities ‘Ths statemem should be retamed for your records See reverse side for important imformation. Cop., One Metrotech Center North, Brooklyn, N.Y. 11201-3859 027 01/01103;09:30 001 veas EFTA00197958

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/01/03;09:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197959

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. Cre Mewatuch Contr Newt BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 Le INSTITUTIONAL INTERESTS 3 of 5 STATEMENT PERIOG November 30,2002 THROUGH December 31,2002 . account xumccr = Cash Flow Analysis Income Summary TANPAVER NUMBER On File THis PERIOD THiS PERIOD YEAR TO DATE ; LAST STATEMENT Novernber 29, 2002 OpeningBalance $192,014.08 Dividends 47,611.21 577,801.61 . Credit Balance Int. 120.01 Dividends/Interest 120.01 Tota ancrereetesitenemmnenn es eee Foreign Tax Withheld ited $47,731.22 Amount Cr Money Fund -47,611.21 Amount Debited $-47,611.21 Portfolio Composition Net Cash Activity 120.01 Cash/Cash Equivalent 41,007,301 Equities 22 Total asossnsesnssossnsotnetnnetatornsssstnternsornssen noone Your Portfolio Cash Balance Summary Allocation OPENING CLOSING Cash 192,014.08 192,134.09 Net Cash Balance $192,014.08 $192,134.09 Cash & Equivalent— 100% Unshaded portions denote debt balance andi short market values. The alocation percentage is derived from the absohte market value of your portiotio. o27 01/01/03;09:30 001 ves EFTA00197960

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE DREYFUS CASH MANAGEMENT-CL A DICKX 40,815,166.69 1.0000 40,815,167 571,412 1.4000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,2200% TOTAL CASH & CASH EQUIVALENTS $41,007,301 $571,412 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD [%t WTS AMERICAN BANK NOTE ABHHW CASH 2,151 0.0100 22 HOLOGRAPHICS INC EXP 06/18/2003 Total Equities& Options $22 $0 TOTAL EQUITIES $22 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $571,412 YOUR PRICED PORTFOLIOHOLDINGS $41,007,323 02? 01/01/03;09:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO November 30, 2002 THROUGH December 31,2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT November 29, 2002 véas EFTA00197961

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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 New York. New York 10179 fl Le INSTITUTIONAL INTERESTS 5 of 5 STATEMENT PERIOO November 30, 2002 THROUGH December 31,2002 accout nuvecr TAXPAYER NUMBER On File Transaction Detail MONEY FUND ACTIVITY LAST STATEMENT — November 29, 2002 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 11/30/02 OPENINGBALANCE 40,767.555.48 D SUS MONTHLY DIVIDEND 47/611.21 {202/02 REINVEST BAREVFUS CASH MANAGEMENT-CL A BGK 47,611.21 INSTITUTIONAL SHARES 12/31/02 CLOSINGBALANCE 40,815,166.69 TOTAL $-47,611.21 $47,611.21 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CAEDIT AMOUNT 12/23/02 INTEREST ONCREDIT BALANCE 0.7500 120.01 AT 0 3/4% 11/21 THRU 12/20 TOTAL $120.01 Your messages TS As part of the National Association of Securities Dealer's (NASD) Investor Education Program, you may obtain information on the NASD's Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the intemet address which is www.nasdr.com, In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request. 027 01/01/03;08:30 001 veas EFTA00197962

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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 . Transaction Detail ......s.ssesssessseresseesrees OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ans w Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 192,014 Equi uities MONEY MARKET FUND BALANCE 40,767,555 NET EQUITY LAST STATEMENT 40,902,209 CHANGE SINCE LAST STATEMENT 57,382 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please mport any difference cr nce-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. 11201-38659. 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 $22 $199 || Current market value ERB] Last statements market value CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO October 26, 2002 THROUGH November 29, 2002 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT October 25, 2002 $40,959,569 $40,902,010 ‘This summary bs for informational purposes only. It Is not intended as a tax document ‘This statemem should be retained for your records. See reverse side for important information. 027 11/3002;14:28 001 veas EFTA00197963

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 11/3002;14:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197964

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BEAR STEARNS Cash Flow Analysis Balance Openi: Securities Sold Money Fund Dividends/Interest Amount Credited OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Income Summary THIS PERIOD nee ret $191,734.84 Dividends 57,280.24 . Credit Balance Int. 167.73 111.51 sees annnennenseeneanensenssssausnnseenenneanenens sisson 57,280.24 Tota a easestensststetenenetea od oe 167.73 Foreign Tax Withheld 0.00 $57,559.48 Money Fund Amount Debited Net Cash Activity Cash Balance Summary Cash 191,734.84 “67,280.24 Portfolio Composition Cast/Cash Equivalent $-57.280.24 279.24 Equities Total CLOSING 192,014.08 Net Cash Balance $191,734.84 $192,014.08 027 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 October 26, 2002 Novernber 29, 2002 accout nuvecr TAXPAYER NUMBER On File THROUGH YEAR TO DATE 530,190.40 5,678.63 LAST STATEMENT October 25, 2002 40,959,569 22 $40,959,591 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. 11/3002;14:25 001 véas EFTA00197965

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (14) CASH BALANCE DREYFUS CASH MANAGEMENT-CL A DICXX 40,767,555.48 1.0000 40,767,555 693,048 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,3900% TOTAL CASH & CASH EQUIVALENTS $40,959,569 $693,048 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD (%} WTS AMERICAN BANK NOTE ABHHW CASH 2,151 0.0100 22 HOLOGRAPHICS INC EXP 06/18/2003 Total Equities& Options $22 $0 TOTAL EQUITIES $22 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $693,048 YOUR PRICED PORTFOLIOHOLDINGS $40,959,591 02? 11/30002;14:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 26, 2002 Novernber 29, 2002 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT October 25, 2002 veas EFTA00197966

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 5 os Transaction Detail CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 26, 2002 THROUGH November 29, 2002 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT October 25, 2002 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/28/02 10/23/02 SOLD CANDIES INC CAND -122 1.16000 111.51 UNSOLICITED TOTAL $111.51 MONEY FUND ACTIVITY DATE MO’DAY TRANSACTION DESCAIPTION SYMBOUCUSIP PRICE CEBIT AMOUNT CAEDIT AMOUNT 10/26/02 OPENINGBALANCE 40,710,275.24 MONTHLY DIVIDEND REINVEST RAE VFUS CASH MANAGEMEN a DIVIDEND REINVESTED 11/29/02 CLOSINGBALANCE 40,767,555.48 TOTAL $-57,280.24 $57,280.24 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%} DEBIT AMOUNT CAEDIT AMOUNT 11/21/02 INTEREST ONCREDIT BALANCE 0.7500 59.95 ATO 11/06 THRU 11/20 /21/02 INTEREST ONCREDIT BALANCE 1.2500 107.78 AT 1 1/4% 10/21 THAU 11/05 TOTAL $167.73 11/30V02;14:25 001 vegas EFTA00197967

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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. 383 Madison Avenue New York, New York 10179 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN JEANIE BRENNEN Transaction Detail ......s.sessseseresseesrees Fund ACtiVity ss ssssssesesueseset stents Trades Not Yet Settled... sessseseseseeere Nn oOo & w Your Portfolio at a Glance 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio NET CREDIT BALANCE 191.7: 9 35 Equities $199 MONEY MARKET FUND BALANCE 40,710,275 $71,457 Aen nne ne nnenenen ses | anenenennnnennenenenn ess) nnnnnnnnnnnens seneenenen fie] Current market value EE a ccna, BBY Last statement’s market value NET EQUITY LAST STATEMENT 45,327,347 CHANGE SINCE LAST STATEMENT -4,425,138 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. 11201-3859. 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 902,010 $45,255,890 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. 10/26/02;10:31 001 vea? EFTA00197968

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 10/2602;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197969

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BEAR STEARNS 3 of? Cash Flow Analysis Openi: Securities Sold Money Fund Dividends/Interest Balance Amount Credited OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Income Summary THis PERIOD THiS PERIOD YEAR TO DATE $107,910.02 Dividends 62,295.52 472,910.16 . Credit Balance Int. 163.85 5,510.90 72,143.97 sss ansouseneonseeseneesssssenneeeeennaensennnessosan 4,562,295.52 Tote ensnsneeesesstmeeaneenen eert oe 163.85 Foreign Tax Withheld 0.00 Money Fund Funds Withdrawn Amount Debited Net Cash Activity -62,295.52 Portfolio Composition -4,488,483.00 Cash'Cash Equivalent 40,902,010 Equities 199 Tote _asomsseenscossneceneraseenernesesseneensornneren SATO ee Cash Balance Summary CLOSING 191,734.84 Cash 107,910.02 Net Cash Balance $107,910.02 $191,734.84 027 10/2602;10:31 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, ves? EFTA00197970

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10179 fl | INSTITUTIONAL INTERESTS 4a STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Your Portfolio Holdings a CASH & CASH EQUIVALENTS TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE DREYFUS CASH MANAGEMENT-CL A DICKX 40,710,275.24 1.0000 40,710,275 692,075 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1, 6600% TOTAL CASH & CASH EQUIVALENTS $40,902,010 $692,075 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD [X) WTS AMERICAN BANK NOTE ABHHW CASH 2,151 0.0100 22 HOLOGRAPHICS INC EXP 06/18/2003 CANDIES INC CAND CASH 122 1.4500 177 Total Equities& Options $199 $0 TOTAL EQUITIES $199 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $692,075 YOUR PRICED PORTFOLIOHOLDINGS $40,902,209 02? 10/2602;10:31 001 vea? EFTA00197971

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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 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS _—€€ 10179 5 of? INSTITUTIONAL INTERESTS STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT September 27, 2002 Transaction Detail SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT CREDIT AMOUNT 10/04/02 10/01/02 SOLD UNITED RETAIL GROUP INC URGI -400 4.85000 1,909.94 UNSOLICITED UNITED RETAIL GROUP INC URGI -15,300 4.65060 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT AVG PRICE: DETAILS ON REQUEST AS OF 10/02/02 Tories" 7623403 10/08/02 RECEIVED CANDIES INC CAND 122 TOTAL $72,143.97 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRPTION DEBIT AMOUNT CREDIT AMOUNT 10/01/02 FND WIRED WIRED TO 639,813.00 CHECK 11,789.00 TOTAL $-4,488,483.00 MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 09/28/02 OPENINGBALANCE 45,147.979.72 027 10/26/02;10:31 001 véa? EFTA00197972

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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 Brooklyn, New York 11201-3859 STEARNS a" 10179 INSTITUTIONAL INTERESTS 6 of? STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 Transaction Detail (continued) TAXPAYER NUMBER On File accout nuvecr MONEY FUND ACTIVITY (continued) LAST STATEMENT — September 27, 2002 OATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DeSIT AMOUNT CAEDIT AMOUNT 10/01/02 SOLD REECE CASH. MANAGEMENT-CL A DICK 4,500,000 1.0000 4,500,000.00 10/0 DIVIDEND BREVFUS CASH MANAGEMEN INSTITUTIONAL SHARE: MONTHLY DIVIDEND INSTITUTIONAL SHARE: DIVIDEND REINVESTED. "62,395.52 10/25/02 CLOSINGBALANCE 40,710.275.24 TOTAL $-62,295.52 $4,562,.295.52 DATE DESCRIPTION SYMBOLCUSIP QUANTITY RATE (Sh DEBIT AMOUNT CREDIT AMOUNT 10/21/02 INTEREST ONCREDIT BALANCE 1.2500 163.85 AT 1 1/4% 09/21 THRU 10/20 TOTAL $163.85 027 10/2602;10:31 001 véa? EFTA00197973

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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 a INSTITUTIONAL INTERESTS 7 of? STATEMENT PERIOD September 28, 2002 THROUGH October 25, 2002 . ACCOUNT NUMBER fs Trades Executed Pending Settlement TAXPAYER NUMBER On File LAST STATEMENT September 27, 2002 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/28/02 10/23/02 /ANDIES IN ANI -122.00 1.1600 111.51 UNSOLICITED TOTAL $0.00 $111.51 The above trades do not appear in any other section of this statement f—™ (stor) ****** End of Statement™***** VY 027 10726/02;10:31 001 ea? EFTA00197974

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS ACCOUNT EXECUTIVE ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Masalbassleclallnadil Financial Summary . . 8 INSTITUTIONAL INTERESTS Your Portfolio Holdings . . 4 FINANCIAL TRUST CO TTEE Transaction Detail .......cscessseessseseseeeees 5 ATTN JEANIE BRENNEN Fund Activi 5 6100 RED HOOK QUARTER und Activity sasssssnsnssnenssnanesneneses SUNTE 8-2 YOUr M@SSAQES .....seesesseeessseesseseeeeeeensens 6 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio NET CREDIT BALANCE 107,910 cquttes —) $71.457 MONEY MARKET FUND BALANCE 45,147,980 $78,608 saeaeennsennseness ss auseensnenssensensennsss) sesnsenssanses: aeeeneeees | | Current market value ar rT ee rm ET AT HEI Last statement’s market value NET EQUITY LAST STATEMENT 45,270,935 CHANGE SINCE LAST STATEMENT 56,412 There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account. Ploase mport any difference cr nee-roceigt of checks or stocks, indicated as delivered to you, © Client Senices at 800-624-1428; or write to Clomt Services at Bear, Steams Securitios Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, ‘This summary is for informational purposes only. It Is not intended as a tax document, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO August 31,2002 September 27, 2002 accoumt nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT August 30, 2002 Important Message Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us. ‘This statemem should be retained for your records. See reverse side for important information. o27 09/2802;13:15 001 vea6 EFTA00197975

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2802;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197976

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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 Brooklyn, New York 11201-3859 STEARN S — i 10179 INSTITUTIONAL INTERESTS 3 of? STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 . account xumccr = Cash Flow Analysis Income Summary TAXPAYER NUMER On File THIS PERIOD THiS PERIOD YEAR TO DATE ; LAST STATEMENT August 30, 2002 OpeningBalance $107,038.98 Dividends 63,447.53 410,614.64 . Credit Balance Int. 115.54 5,347.05 Dividends/Interest 871.04 Li SR tit 07 Foreign Tax Withheld 0.00 Amount Cr ited Money Fund -62,692.03 Amount Debited $-62,692.03 Portfolio Composition Net Cash Activity 871.04 Cash/Cash Equivalent 45,255,890 Equities 71,457 Tota a asossnsesnssessnsotnstnnetatonnsesstatennnernseem A EL Your Portfolio Cash Balance Summary Allocation OPENING CLOSING Cash 107,038.98 107,910.02 Net Cash Balance $107,038.98 $107,910.02 Cash & Equivalent 99% Unshaded portions denote debt balance andi short market values. The alocation percentage is derived from the absohte market value of your portiotio. o27 09/2802;13:15 001 veaé EFTA00197977

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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 SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (14) CASH BALANCE DREYFUS CASH MANAGEMENT-CL A DICXX 45,147,979.72 1.0000 45,147,980 767,516 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD_1,7000% TOTAL CASH & CASH EQUIVALENTS $45,255,890 $767,516 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRKE VALUE __ ANNUAL INCOME YELD [X) WTS AMERICAN BANK NOTE ABHHW CASH 2,151 0.0100 22 HOLOGRAPHICS INC EXP 06/18/2003 UNITED RETAIL GROUP INC UARGI CASH 15,700 4.5500 71,435 Total Equities& Options $71,457 $0 TOTAL EQUITIES $71,457 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $767,516 YOUR PRICED PORTFOLIOHOLDINGS $45,327,347 02? 09/28/02;13:15 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD August 31,2002 September 27, 2002 accout nuvecr TAXPAYER NUMBER On File August 30, 2002 THROUGH LAST STATEMENT v6a6 EFTA00197978

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 INSTITUTIONAL INTERESTS 5 of? . STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 accout nuvecr TAXPAYER NUMBER On File Transaction Detail MONEY FUND ACTIVITY LAST STATEMENT — August 30, 2002 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/31/02 OPENINGBALANCE 45,085.287.69 D ARS MONTHLY DIVIDEND 62,692.03 09/03/02” REINVEST DREYFUS CASH MANAGEMENT-CL® BGK 62,692.03" INSTITUTIONAL SHARE: 09/27/02 CLOSINGBALANCE 45,147,.979.72 TOTAL $-62,692.03 $62,692.03 DIVIDENDS DATE DESCRIPTION SYMBOUUSIF QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 09/03/02 HCA INC HCA 8,200 0.0200 164.00 (FRM HCA-HEALTHCARE COMPANY) REC 08/01/02 PAY 09/01/02 REC 08/02/02 PAY 09/10/02 TOTAL $755.50 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (4) CEBIT AMOUNT CREDIT AMOUNT 09/23/02 INTEREST ONCREDIT BALANCE 1.2500 115.54 AT 1 1/4% 08/21 THRU 09/20 TOTAL $115.54 oz? 09/28002;13:15 001 vea6 EFTA00197979

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BEAR STEARNS 6 of? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 Your messages ‘i Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2002 and July 31, 2002, the Company's net capital of approximately $2.5 billion and $2.0 billion was approximately 7% and 6% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $679.9 million and $644.8 million by approximately $1.8 billion and $1.3 billion, all respectively. A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com_, Alternatively, to request a free printed copy please call -toll free 1-866-299-9331, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOG August 31,2002 THROUGH September 27, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 ZT Securities and other assets in your account are the firm's collateral for any margin loan made to you, If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account, It is important that you fully understand the risks involved in trading securities on margin, These risks include the following: > You can lose more funds than you deposit in the margin account, > The firm can force the sale of securities or other assets in your account(s). > The firm can sell your securities or other assets without contacting you, > You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call, > The firm can increase its "house" maintenance margin requirements at any time and is not required to provide you advance written notice, > You are not entitled to an extension of time on a margin call, 027 09/2802;13:15 001 vea6 EFTA00197980

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New = New York 10179 Tor ie This statement is provided to explain Bear, Stearns & Co, Inc.'s (‘BSC’) payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities, Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO), BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge. ~*ee** End of Statement™***** CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOG August 31,2002 THROUGH September 27, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 TZ Pursuant to SEC Rule 11Ac1-6, please note the following: Bear, Stearns & Co, Inc, will post its quarterly routing statistics at the following web link: http://www,bearstearns ,com/bearstearns/individualinvestor/equititesord erroutingpractices, htm Customers of Bear, Stearns & Co, Inc, may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders, 027 09/2802;13:15 001 vea6 EFTA00197981

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OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS ACCOUNT EXECUTIVE ZICHERMAN, IRA TELEPHONE VISIT OUR WEBSITE — wwnw.bearstearns.com What's In This Statement Financial Summary .. . 3 Your Portfolio Holdings . . 4 Transaction Detail .....sssseeenees 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 78,608 NET CREDIT BALANCE 107,039 MONEY MARKET FUND BALANCE 45,085,288 NET EQUITY THIS PERIOD $45,270,935 NET EQUITY LAST STATEMENT 45,167,460 103,475 CHANGE SINCE LAST STATEMENT There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any diference 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. Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE * ATTN J BRENNEN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio $45,192,327 Cash & Equivalent $37,292,593 Equities $78,608 $7,874,867 | | Current market value $B] Last statement's market value 027 08/31/02;13:23 001 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 July 27, 2002 August 30, 2002 On File July 26, 2002 STATEMENT PERIOD THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT VS66 EFTA00197982

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2 of 17 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/31/02;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00197983

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 oft? Cash Flow Analysis THIS PERIOD OpeningBalance $57,885. 05 Securities Sold 7,843,167.77 Money Fund 50,579.43 Dividends/Interest 1,628.62 Miscellaneous 4,400.77 Amount Cr Miscellaneous Amount Debited $-7,.850.622.66 Net Cash Activity 49,153.93 Cash Balance Summary OPENING CLOSING Cash 57,885.05 107,038.98 Net Cash Balance $57,885.05 $107,038.98 Income Summary Tos PERIOD YEAR TO DATE Dividends 51,547.11 347,167.11 Credit Balance Int. 660.94 5,231.51 Total . $52,208.05 $352,398.62 Foreign Tax Withheld -43.23 -43.23 Portfolio Composition Cash/Cash Equivalent 45,192,327 Equities 78,608 Total $45,270,935 027 08/31/02;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 Your Portfolio Allocation 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, VS66 EFTA00197984

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 ow Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED (QURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME __ YELD (%) CASH BALANCE DREYFUS CASH MANAGEMENT-CL A DICKX 45,085,287.69 1.0000 45,085,288 766,450 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD_1,7300% TOTAL CASH & CASH EQUIVALENTS $45,192,327 $766,450 EQUITIES Equities & Options ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD [%} WTS AMERICAN BANK NOTE ABHHW CASH 2,151 0.0500 108 HOLOGRAPHICS INC EXP 06/18/2003 UNITED RETAIL GROUP INC UAGI CASH 15,700 5.0000 78,500 Total Equities& Options $78,608 $0 TOTAL EQUITIES $78,608 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $766,450 YOUR PRICED PORTFOLIOHOLDINGS $45,270,934 027 08/31102;13:23 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 August 30, 2002 accout nuvecr TAXPAYER NUMBER On File July 26, 2002 THROUGH LAST STATEMENT VS66 EFTA00197985

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 5 of 17 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY LAST STATEMENT — July 26, 2002 Transaction Detail SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/05/02 07/31/02 SOLD ABBOTT LABORATORIES ABT -1,300 41.08000 53,324.39 UNSOLICITED SEE NOTE *S* ON BACK WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 08/05/02 07/31/02 SOLD BEA SYSTEMS INC BEAS -4,300 5.65050 UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 5.710500 DIFFERENCE 0,060000 2439644 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED O8/05/02 07/31) CALPINE CORP UNSOLICITED ALPINE" CORE SOLICITED 027 08/31/02;13:23 001 VS66 EFTA00197986

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS a" 10179 6 of 17 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) accouvt xumcce TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT July 26, 2002 SETTLEMENT TRADE DATE ATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 08/05/02 07/31/02 SOLD COSTCO WHOLESALE CORP-NEW COST -1,950 34.35460 66,989.45 UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 34,414600 DIFFERENCE - 0.060000 Osa G2 OF STIOS SOLD CITIZENS COMMUNICATIONS CO Cit 5,000 $.30000 UNSOLICITED UNSOLICITED CiTIZENS COMMUNICATIONS CO UNSOLICITED UNSOLICITED 08/05/02 07/31/02 SOLD CSX CORP CSK -2,700 34.48780 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED OsIdS G2" OF STIOS SOLE CABOT CORP Ce “3,600 34°68900 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 08/05/02 07/31/02 SOLD AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST Osa EE OF STIOS SOLD CONTINENTAL AIRTINES NC-CL'E or “37350 16:55000 UNSOLICITED UNSOLICITED 3679920 08/05/02 07/31 °5,000 5.30000 26,198. 3834310 $2,952'35 49,2565 3133000 7064-08 35,140.43 o27 08/31/02;13:23 001 VS66 EFTA00197987

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS a" 10179 7 on INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) accouvt xumcce TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT = July 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/05/02 07/31/02 SOLD UNSOUCTED EIx -10,000 13.00000 129,396.08 UNSOLI EMMIS COMMUNICATIONS CORP-CL'A EMMS -4,750 1588876 75,469.05 UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 15,948700 DIFFERENCE - 0,060000 O8IdS EE" OFT SOLE JONES ABBAREL GROUP NC" NY 3,606 34°00000 6787795 UNSOLICITED LIBERTY MEDIA CORE L “3,606 758000 23,559.31 SER A NEW UNSOLICITED 02 SOLS LIBERTY MEDIA CORE i “3,600 760000 T1437 SER A NEW UNSOLICITED 2 S05 LIBERTY MEDIA COAP i “76,000 756000 74,997.72 SER A NEW UNSOLICITED (02 SOLD LZ CLAIBORNE INC uz “1 "700 28.76000 48,788. 52 UNSOLICITED *RILTENINIOMY CHEMICALS INE UNSOLICITED MYKROLIS CORP UNSOLICITED oB/05/02 0 osiosio2"""G ORIOSI02 OF /37; O8/05/02 07/31) 08/05/02 07/31) 04,8: O8/05/02 07/31) AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 9.180400 DIFFERENCE - 0.060000 027 08/31/02;13:23 001 VS66 EFTA00197988

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 8 oof 17 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT July 26, 2002 Transaction Detail (continued) SETTLEMENT TRADE DATE ATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 08/05/02 07/31/02 SOLD OMNICARE INC ocr -9,800 20.96920 204,903.97 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED OsIdS IES OFT SOLT PACIFIC SUNWEAR GF CALIFOANIA SUN “T850 {8.61850 3630498 INC UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 18,678500 DIFFERENCE 0.060000 INC UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 18,670300 DIFFERENCE - 0.060000 036 56, aso" AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST ROVAL CARIBBEAN CRUISES Lid Re “3,606 18.736060 UNSOLICITED SEE NOTE ‘S' ON BACK UNSOLICITED SEE NOTE "S* ON BACK AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST $9,008 31 o27 08/31/02;13:23 001 VS66 EFTA00197989

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — INSTITUTIONAL INTERESTS 9 of 17 STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) ACCOUNT NUMBER fs TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT = July 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/05/02 07/31/02 SOLD SANMINA-SCI CORP SANM -10,900 3.91290 42,649.32 UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 3,972900 DIFFERENCE 0.060000 SSIES SPSTGSE GI SELEY BROS BRS cS rr npn nnn mn CLA UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 11,497700 UNSOLICITED cLB UNSOLICITED cLB UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 10,690300 IG BROA! AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 10,690000 O8IdS G2 OF7ST o27 08/31/02;13:23 001 VS66 EFTA00197990

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 10 of 1? STATEMENT PERIOD July 27,2002 THROUGH August 30, 2002 Transaction Detail (continued) a TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT July 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/06/02 08/01/02 SOLD ABERCROMBIE & FITCH CO-CLA ANF -3,200 21.18970 67,612.99 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED O8/06/02 08/01/02 SOLD AMERICAN EAGLE OUTFITTERS INC AEOS -4,500 16.21640 72,971.60 NEW UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 16,276400 DIFFERENCE 0.060000 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 8.950000 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED KENNETH COLE PRODUCTIONS INC CLA AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED CISCO SYSTEMS INC UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 13,022900 DIFFERENCE - 0.060000 08/06/02 08/01) 08/06/02 3°96290 027 08/31/02;13:23 001 VS66 EFTA00197991

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS Woot? Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 08/06/02 08/01/02 SOLD DESCRIPTION DOW CHEMICAL CO AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED O8/06/02 08/01/02 SOLD EXPEDITORS INTERNATIONAL OF EXPD -3,900 WASHINGTON INC UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 28,105400 DIFFERENCE 0.060000 SYMBOLICUSIP DOW QUANTITY -9,400 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 August 30, 2002 On File July 26, 2002 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT PRICE 29.10010 DEBIT AMOUNT 3804546 CREDIT AMOUNT 272,968.70 OS 37376 CLA AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED FEGERATED BESARTMENT STORES 08/06/02 08/01) AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED ELEXTRONICS INTERNATIONAL U UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 8.150000 DIFFERENCE - 0,060000 08/06/02 8.69000 027 08/31/02;13:23 001 VS66 EFTA00197992

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New = New York 10179 INSTITUTIONAL INTERESTS 12 of 1? STATEMENT PERIOO July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) account xumccr = TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT = July 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/06/02 08/01/02 SOLD IONA TECHNOLOGIES PLC IONA -11,800 2.10000 24,779.25 SPONSORED ADR UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 2.150000 DIFFERENCE 0,050000 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE "S* ON BACK AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED UNSOLICITED o27 08/31/02;13:23 001 VS66 EFTA00197993

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 13 of? STATEMENT PERIOD July 27,2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT July 26, 2002 Transaction Detail (continued) SETTLEMENT = TRADE DATE DATE TRANSACTION CESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/06/02 08/01/02 SOLD PACIFIC SUNWEAR OF CALIFORNIA PSUN -4,000 17.95000 71,797.83 OsidIEZ” ORT "SOLE OsIdIEZ” ORT "SOLE OsidIEE” ORTIZ SOLE OsidIES" ORTIZ "SOLE UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 18.010000 DIFFERENCE - 0.060000 QUIKSILVER INC AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED ROVAL CARIBBEAN CRUISES TID UNSOLICITED SEE NOTE "S* ON BACK SICOR INC UNSOLICITED AVG PRICE: DETAILS ON REQUEST SKECHERS USA INC CLA AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 349,768 32 {42,355 :89 81,1 7254 33,810.33 08/06/02 08/01) ORES ORTOS NEW UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 25,363300 DIFFERENCE - 0,060000 IES INC AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 5.400000 DIFFERENCE - 0.060000 S3qGGg ne meats 08/31/02;13:23 001 VS66 EFTA00197994

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 14 oft? STATEMENT PERIOO July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) a TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT July 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/06/02 08/01/02 SOLD TALBOTS INC TLB -3,650 28.00000 101,977.92 UNSOLICITED 08/06/02 08/01/02 SOLD TIMBERLAND CO-CLA TBL -6,100 36.59690 222,868.37 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED TRIQUINT SEMICONDUCTOR INC TONT -9,800 6.34000 62,130.12 UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 6.400000 DIFFERENCE - 0.060000 08/06/02 08/01/02 SOLD UNITED RETAIL GROUP INC URGI -1,000 6.91000 6,849.79 UNSOLICITED O8/06/02 08/01/02 SOLD YOUNG BROADCASTING INC-CL A YBTVA -10,000 UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 10,115200 DIFFERENCE - 0,060000 oaO7I02" “OBidz/02”” SOLS O8/06/02 08/01 76.05520 100,548'87 KENNETH COLE BROBUCTIONS INC KeP “5,500 34°63550 (35,767.17 CLA AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED (FRM HCA-HEALTHCARE COMPANY} AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 027 08/31/02;13:23 001 VS66 EFTA00197995

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 15 oft? Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 08/07/02 08/02/02 SOLD DESCRIPTION SYMBOLICUSIP JONES APPAREL GROUP INC JNY -9,200 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 0807/02 08/02/02 SOLD LZ CLAIBORNE INC uz -4,000 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 0807/02 08/02/02 SOLD NORFOLK SOUTHERN CORP NSC -8,450 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED MANY INC iMNY “S756 UNSOLICITED DETAILS ON REQUEST I-MANY INC IMNY -14,000 UNSOLICITED AVG PRICE: DETAILS ON REQUEST MANY ING iMNY UNSOLICITED AVG PRICE: DETAILS ON REQUEST CMANYING iMNY UNSOLICITED AVG PRICE: DETAILS ON REQUEST Osideie2" ORS SOLT daiosi02” “OBioe/o2 SOLD 68/12/02" OBi07/02 SOLD "10,500 og/13/02 og/0g/02 SOLD "78,500 QUANTITY PRICE 32.88110 3818006 30:62096 3°50660 2.49630 2.44050 2.19990 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 August 30, 2002 accout nuvecr TAXPAYER NUMBER On File July 26, 2002 THROUGH LAST STATEMENT DEBIT AMOUNT CREDIT AMOUNT 301,945.01 TiZ 47660 6866451 35,853 61 3424714 35,099.47 39,771.92 TOTAL $7,843,1 67.77 MONEY FUND ACTIVITY DATE MO’DAY TRANSACTION 07/27/02 DESCAIPTION OPENINGBALANCE SYMBOUCUSIP QUANTITY PRICE 37,234,708.26 CEBIT AMOUNT CAEDIT AMOUNT 027 08/31/02;13:23 001 EFTA00197996

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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 a" 10179 16 of? INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 Transaction Detail (continued) accouvt xumcce TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) CAST STATEMENT = July 26, 2002 DATE MONDAY TRANSACTION. DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/01/02 DIVIDEND REECE CASH. MANAGEMENT-CL A DICKK 50,579.43 MONTHLY DIVIDEND OBOE REINVEST PRE VFUS CASH MANAGEMEN : DIVIDEND REINVESTED ‘DAEVFUS AGEMENT: INSTITUTIONAL SHARES $0.579.43 50.579:43 08/30/02 CLOSINGBALANCE 45,085.287.69 TOTAL $-7,850,579.43 $50,579.43 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CAEDIT AMOUNT 08/02/02 CA BARD INC BCR 1,700 0.2200 374.00 REC 07/22/02 PAY 08/02/02 300°" "03350 305°50 REC 07/15/02 PAY 08/15/02 08/15/02 NOVACHEMICALS CORP NCX REC 07/31/02 PAY 08/15/02 FOREIGN TAX WITHHELD TOTAL $-43.23 $967.68 0.0640 288.18 43.23 027 08/31/02;13:23 001 VS66 EFTA00197997

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BEAR STEARNS V7 oi? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File INTEREST LAST STATEMENT — July 26, 2002 DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE [%) DEBIT AMOUNT CREDIT AMOUNT 08/21/02 INTEREST ONCREDIT BALANCE 1.2500 660.94 AT 1 1/4% 07/21 THRU 08/20 TOTAL $660.94 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/01/02 JOURNAL 08105102 JOURNAL 4,328.77 72.00 TOTAL 027 08/31/02;13:23 001 VE6E EFTA00197998

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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 BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 New York New York 10179 a STEARNS — INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD June 29, 2002 TeepHone = THROUGH July 26, 2002 VISIT OUR WEBSITE www.bearstearns.com : . account xumccr = What’s In This Statement | Pe | ery end eee TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 Financial Summary . . 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings . ; 4 FINANCIAL TRUST CO TTEE * Transaction Detail vasiosssussnssenesenvees 8 ATTN JEANIE GRENNEN Fund Activity 14 6100 RED HOOK QUARTER seeveniuananuanenuannnueannniian SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio $37,292,593 NET CREDIT BALANCE 57,885 Equities ee $7,874,867 MONEY MARKET FUND BALANCE 37,234,708 $0 seeenenenenenenecsssanunnenenennnenanenenss ss aunnnnnannnnnn aaneee HM Current market value NET EQUITY LAST STATEMENT 31,994,229 CHANGE SINCE LAST STATEMENT 13,173,231 “This portfolio indudes one or more unpriced securties that are not rofected in the Total Value of Securties and the Net Equity This Period There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. Please report any difference or nomracaipt of checks or stocks, indicated as delivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document, % Client Senices at 800-634-1428; cr write to Clant Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859, 02? o727102:17:22 001 SES EFTA00197999

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198000

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of 16 Cash Flow Analysis Income Summary THIS PERIOD THiS PERIOD YEAR TO DATE OpeningBalance $194,940.35 Dividends 45,419.13 295,620.00 . Credit Balance Int. 365.91 4,570.57 Money Fund 4,455,419.13 e000 eenecencecsscesececceses s sucsnscessccnseanscenees 00 yseeeneeneeess 7 Funds Deposited 412.83 TOR caseeeeesessernernseneen DAO oO aaenee ON 0-87 Dividends/Interest 365.91 Miscellaneous 9,838,110.96 Amount Cr ited $14,294,308.83 Portfolio Composition Cash/Cash Equivalent 37,292,593 Money Fund 845,419.13 - Equities 7,874,867 Funds Withdrawn -749,064.00 ‘100 SENEESENEEEEOENUEEEEE | 11) CRESEESEEEEEENOESOSES 111 SEENEEEEREREEOEEE EEE TIT aenee Miscellaneous -3,836,881.00 TO ences tneenernneesestennennrer ten NOOO Amount Debited Net Cash Activity -137,055.30 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 CLOSING Cash 194,940.35 57,885.05 Net Cash Balance $194,940.35 $57,885.05 027 07/27102;17:22 001 Cash & Equivalent. 83% CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 Your Portfolio Allocation Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vS65 EFTA00198001

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 of 8 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED © CURRENT DESCRIPTION ‘SYMBOU'CUSIP QUANTITY PRICE ANNUAL INCOME YELD [%) CASH BALANCE DREYFUS CASH MANAGEMENT-CL A DICXX 37,234,708.26 1.0000 37,234,708 632,990 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD_1,7000% TOTAL CASH & CASH EQUIVALENTS $37,292,593 $632,990 EQUITIES Equities & Options ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE CASH 3,200 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 4,500 17.4500 78,525 NEW WTS AMERICAN BANK NOTE 024377111 CASH 2,151 Unpriced HOLOGRAPHICS EXP 06/18/2003 ‘ABBOTT LABORATORIES ABT CASH 1,300 ANALOG DEVICES INC ADI CASH 7/300 22.1000. BEA SYSTEMSINC BEAS CASH 4,300 5.8200 35.026 425.100 BEVERLY ENTERPRISES INC NEW BEV CASH CA BARD INC BCR CASH 1,700 50.8300 86.411 CALPINE CORE CBN CASH 16,600” 4.0000 64.000" 027 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 vS65 EFTA00198002

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 5 of 6 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED ACCT DESCRIPTION SYMBOLICUSIP TPE PRICE ANNUAL INCOME SX CORP cSx CASH 33.5200 CABOT CORP CBT CASH CANDIES INC CAND CASH KENNETH COLE PRODUCTIONS INC KCP CASH 26.4500 198,375 CLA CISCO SYSTEMS INC csco CASH 2,400 11.8200 28,368 CONTINENTAL AIRLINES INC-CL B CAL CASH 3,350 9.5600 32,026 ‘DOW CHEMICAL CO DOW CASH 9,400 29.4500 276,830 2.596 4.5501 12.4400 182.246 EMMIS COMMUNICATIONS CORP-CLA EMMS 15.2300 72.343 EXPEDITORS INTERNATIONAL OF EXPD CASH 3,900 27.6600 107,874 468 0.4338 WASHINGTON INC FOX ENTERTAINMENT GROUP INC FOX CASH 40.300 17:5600 180,868 CLA FEDEX CORP FDX CASH 3,900 47.0300 183,417 780 0.4253 FOOT LOCKER INC z CASH 1 7,650 11.1500 129,898 FEDERATED DEPARTMENT STORES FD CASH 6,200 37.3000 231,260 INC-DEL FLEXTRONICS INTERNATIONAL FLEX CASH 6,300 7.0300 44.289 iT. IONA TECHNOLOGIES PLC IONA SPONSORED ADR HONEYWELL INTL INC HON CASH MANY ING iMNY CASH 26300 138.733 HCA ING HCA CASH 8.200 45.0500 369.410 656 0.1776 (FRM HCA-HEALTHCARE COMPANY) EDISON INTERNATIONAL 027 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH ACCOUNT NUMBER July 26, 2002 TAXPAYER NUMBER On File LAST STATEMENT vS65 June 28, 2002 EFTA00198003

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of 16 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION ‘SYMBOU'CUSIP JONES APPAREL GROUP INC JNY KOHLS CORP KSS CASH UBERTY MEDIA CORP L CASH SER A NEW LIZ CLAIBORNE INC MILLENNIUM CHEMICALS INC MCH CASH MYKROLIS CORP MYK 5,100 NOVA CHEMICALS CORP NOX NORTHWEST AIRLINES CORP NORFOLK SOUTHERN CORP: NSC POLO RALPH LAUREN CORP-CL A RL CURRENT YELD (%) NAARKET VALUE 358,400 ESTIMATED PRICE ANNUAL INCOME 32.0000 93.740 37,893 740 88.650 21,225 19.9700 {68.747 | 19.9000 127,499 SKX CASH 9,000 15.0000 135,000 027 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 July 26, 2002 accout nuvecr TAXPAYER NUMBER On File June 28, 2002 THROUGH LAST STATEMENT vS65 EFTA00198004

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 7 of 16 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT DESCRIPTION SYMBOLICUSIP TPE SYMBOL TECHNOLOGIES INC SBL CASH TIBCO SOFTWARE INC TIBX CASH TALBOTS INC TLB CASH TIMBERLAND GO-CLA TaL GASH TOMMY HILFIGER CORP-OAD TOM TRIQUINT SEMICONDUCTOR INC TONT UNITED PARCEL SVC INC UPS cLB UNITED RETAIL GROUP INC UAGI YOUNG BROADCASTING INC-CL A YBTVA Total Equities& Options CASH CASH QUANTITY 29.5100 36.4800 12.2000 6.4100 "62.9100 111,723 166,110 $7,874,867 6.6900 11.3000 {07.712 222,528 169,580 ESTIMATED ANNUAL INCOME 200 1314 1.2199 62.818 336,569 4.066 1.2084 $48,226 TOTAL EQUITIES $7,874,867 $48,226 YOUR TOTAL ESTIMATED ANNUAL INCOME $681,216 YOUR PRICED PORTFOLIOHOLDINGS $45,167,460 07/27102;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 July 26, 2002 accout nuvecr TAXPAYER NUMBER On File June 28, 2002 THROUGH LAST STATEMENT VS65 EFTA00198005

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BEAR STEARNS Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION 07/10/02 JOURNAL "SURNAT OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 8 of 6 DESCRIPTION ABERC -CL A FROM: * JAL* AMERICAN EAGIE OUTFITTERS INC” CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp ne Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accowt wuccr TAXPAYER NUMBER On File LAST STATEMENT dune 28, 2002 DEBIT AMOUNT CREDIT AMOUNT JOURNAL JOURNAL "JOURNA BEVER} NEW FROM: FROM: * JRL * CIVZENS COMMUNICATIONS CO" Le & S65 EFTA00198006

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 7 Bear, Steams Securities Comp Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS 9 of 16 STATEMENT PERIOO June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL CSX Ci CSK 2,700 FROM: * JRL * FROM: * JRL * ssennenennenenn ts erences ERSTE IN re crnmrernneneses onetime anennenenntn ppg cemenennnnrntnesannenennnnnennesesanenennnnnnee Ov: * JRL * ISSO SYS} FROM: * JRL * */reemnermrenneenn aa esa emreneenn ee cn FROM: * JRL * BOW CHES FROM: * JAL* EDISO! FROM: * JRL * EMMIS. CO ORP-CL A FROM: * JAL* 100 guuuaunuesuenaenunnee (11s auenuenennaenennenan (11s qesuenaengennengannen 111s augnennesnenaeanneen {111 sugeeuenuenueesnunany 11 eeeesausueeeenaenanes 111 eueneeenesaeeeesgens (111 eueeeeeaesueesneaaeas EXPEDITORS INTERNATIONAL OF WASHI FROM: * JAL* EFTA00198007

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BEAR STEARNS 10 of 6 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE 07/10/02 O7TGI62 TRANSACTION DESCRIPTION JOURNAL FOX ENTERTAINMENT GROUP INC L “em — | JOURNAL JOURNAL IONA TECHNOLOGIES PLC SPONSORED ADR FROM: CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO June 29, 2002 THROUGH duly 26, 2002 accowt wuccr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 DEBIT AMOUNT CREDIT AMOUNT JOURNAL HCA INC (FRM HCA-HEALTHCARE COMPANY} FROM: * JRL * JOURNAL JONES APPAR! ROUP | FROM: * JRL * O7/2702;17:22 001 EFTA00198008

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BEAR STEARNS 11 of 16 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION 07/10/02 JOURNAL "SURNAT DESCRIPTION KOHLS FROM: * JAL* TIBERTY MEDIA CORB SER A FROM: ee * JAL* QUANTITY 2,400 16,600 PRICE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp ne Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accowt wuccr TAXPAYER NUMBER On File LAST STATEMENT dune 28, 2002 DEBIT AMOUNT CREDIT AMOUNT JOURNAL JOURNAL NORTHWEST. " FROM: * JRL * NORFO} FROM: * JRL * "JOURNA 01 S65 EFTA00198009

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BEAR STEARNS 12 of 16 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE 07/10/02 O7TGI62 TRANSACTION DESCRIPTION JOURNAL PACIFIC SUNWEAR OF CALIFORNIA NC JOURNAL = ™ CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO June 29, 2002 THROUGH duly 26, 2002 accowt wuccr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 DEBIT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL STAGE STORES INC JOURNAL JOURNAL JOURNAL TIBCO FROM: *JAL* O7/2702;17:22 001 EFTA00198010

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS 13 of 16 STATEMENT PERIOO June 29, 2002 THROUGH duly 26, 2002 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL TALBO TLB 3,650 FROM: * JRL * sseenenennenenn tec eenenenees once ais ueannenennesemenennenennetanprnenennnesesnenennenentsostnennnennneissuninnennninnesenmntnntnnnninestanannannnte FROM: * JRL * s+annnenennnnen ss oupannnenesisonnnenenggg nennnnennnnen is sannnenennnnes is anninnnennnnneseaninnnntnnnne JOURNAL TRIQUINT SEMICONDUCTOR INC TONT 9,800 FROM: * JRL * “UNITED PARCEL SVCING UNITE! FROM: * JAL* YOUN -CLA FROM: * JAL* JOURNAL WTS AMERICAN BANK NOTE 024377111 2,151 HOLOGRAPHICS DUE 06/18/03 EXP 06/18' — * JAL * TOTAL 027 O7/2702;17:22 001 S65 EFTA00198011

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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 14 of 16 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) TAXPAYER NUMBER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT —_ June 28, 2002 DATE TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/01/02 FND WIRED WIRED TO 109,250.00 FND WIRED 639/874 00 BEROSIT 07/25/02 DEPOSIT NTH FACE SEC LITG 00 343.30 INSTITUTIONA INT HSBC TOTAL $-749.064.00 $412.83 MONEY FUND ACTIVITY MOVDAY TRANSACTION DESCRIPTION SYMBOUGUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 06/29/02 OPENINGBALANCE 31,799,289.13 INSTITUTIONAL SHARES PRE GASH MANAGENENT: coe BICK “4.300.600 "776000 ‘4,300,600.60 ee mmr re INSTITUTIONAL SHARES MONTHLY DIVIDEND FETC RRET TTR TET CRTTRTTCCTE: TECH GER To SERN TRE Rem Ce TERE IRSTHUTIONA SHARES DIVIDEND REINVESTED O7i02i02" BOUGHT OAEYFUS CASH MANAGEMENT-CL A” BiCK 3.000.000 °°" "0000 3:006;000'00"" Rent HaNA SAS O7/12102" BOUGHT DREYFUS CASH MANAGEMENT-CL A BiCKK 5.800.000 °°" 76000 5,600,00000" INSTITUTIONAL SHARES 027 O7/2702;17:22 001 VS65 accout nuvecr EFTA00198012

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 | 15 of 16 Transaction Detail (continued) MONEY FUND ACTIVITY (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 DATE MONDAY TRANSACTION DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/26/02 CLOSINGBALANCE 37,234,708.26 TOTAL $-9,845.419.13 $4,455.419.13 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) EBT AMOUNT CREDIT AMOUNT 07/22/02 INTEREST ONCREDIT BALANCE 1.2500 365.91 AT 1 1/4% 06/21 THRU 07/20 TOTAL $365.91 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/01/02 JOURNAL TO 3,836,881.00 PER LOA PER LOA 07/10/02 JOURNAL JOURNAL FROM TYPE 270 1 3,321 ,000.00 *JRL* 027 O7/2702;17:22 001 VS65 EFTA00198013

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 | 16 of 6 Transaction Detail (continued) MISCELLANEOUS {continued) DATE MOIDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/12/02 JOURNAL FROM: 5,843,804.92 JRL TOTAL $-7,157,881.00 $13,159,110.96 [stop] ****** End of Statement™***** 027 O7/2702;17:22 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT VS65 duly 26, 2002 On File June 28, 2002 EFTA00198014

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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 BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE —_ZICHERMAN, IRA STATEMENT PERIOD June 1, 2002 TeepHone = THROUGH June 28, 2002 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What’s In This Statement Hasalbcsbealslsssahil Taxpayer nuwecr [ED Financial Summary ; ; 3 INSTITUTIONAL INTERESTS LAST STATEMENT May 31,2002 Your Portfolio Holdings . 1 4 FINANCIAL TRUST CO TTEE * Transaction Detail .......ecessenseeeee 4 ATTN JEANIE BRENNEN Fund Activi 5 6100 RED HOOK QUARTER ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio MONEY MARKET FUND BALANCE 31,799,289 HM Current market value wc Coury wes remog ge 994,359 HEH Last staternent's t value NET EQUITY LAST STATEMENT 31,781,628 CHANGE SINCE LAST STATEMENT 212,601 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any diterence cr nomreceipt of checks of stocks, indicated as dolivered to you, ‘This summary is for informational purposes only. It Is not intended as a tax document. % Client Senices at 800-634-1428; cr write to Clont Services at Boar, Steams Securities ‘This statemem should be retained for your records. See reverse side for important information. Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-38659. 027 06/2802:10:49 001 vse3 EFTA00198015

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198016

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $30,458.39 Cash 30,458.39 194,940.35 Money Fund 48,119.60 Net Cash Balance $30,458.39 $194,940.35 Funds Deposited 164,360.62 S00 annnannnnnnenanennnnsessaunanenannnnnnennannn ses sans aeannnnnnsees seen Dividends/Interest 121.34 Amount Credited $212,601.56 Income Summary Money Fund -48,119.60 THiS PERIOD YEAR TO DATE ssuusnsseenensssseneeennnnnnseeneenessssessunnseeeneeesuaa issue sess Dividends 48,119.60 250,200.87 Amount Debited a scsssssesseseemreesenesees serene to OD Credit Balance Int. 121.34 4,204.66 Net Cash Activity 164,481.96 Total $48,240.94 $254,405.53 Portfolio Composition Cash/Cash Equivalent 31,994,229 027 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 accout uncer Taxpayer numecr LAST STATEMENT May 31, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS63 EFTA00198017

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 | 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE 194,940 DREYFUS CASH MANAGEMENT-CL A DICKX 31,799,289.13 1.0000 31,799,289 572,387 1.8000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1, 8000% TOTAL CASH & CASH EQUIVALENTS $31,994,229 $572,387 YOUR TOTAL ESTIMATED ANNUAL INCOME $572,387 YOUR PRICED PORTFOLIOHOLDINGS $31,994,229 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 06/04/02 FUNDS REC Sl FROM 164,344.00 FUNDS REC ENDS WIRED TO CITIBANK FROM 16.62 TOTAL $164,360.62 027 06/2902;10:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH ACCOUNT NUMBER June 28, 2002 teaver wwocn LAST STATEMENT V563 May 31, 2002 EFTA00198018

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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 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS a" 10179 INSTITUTIONAL INTERESTS 5 os STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 account suvccr Twpaver nuvecr Transaction Detail (continued) MONEY FUND ACTIVITY LAST STATEMENT = May 31, 2002 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/01/02 OPENINGBALANCE 31,751,169.53 D ARS MONTHLY DIVIDEND 48,119.60 06/03/02” REINVEST BAREVFUS CASH MANAGEMENT-CL A BGK 48.119.60° INSTITUTIONAL SHARES 06/28/02 CLOSINGBALANCE 31,799,289.13 TOTAL $-48,119.60 $48,119.60 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 06/21/02 INTEREST ONCREDIT BALANCE 1.2500 121.34 AT 1 1/4% 05/21 THRU 06/20 TOTAL $121.34 m—~\ sop] ****** End of Statement****** A —/ 027 06/2902;10:49 001 VS63 EFTA00198019

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 ft | INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD April 27,2002 TeepHone |= THROUGH May 31, 2002 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What’s In This Statement | Pp | ery eed eee vaxpayer wuveer LAST STATEMENT April 26, 2002 Financial Summary ,.. ' 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings . . 3 FINANCIAL TRUST CO TTEE Transaction Detail ..tcssssesssessseeesne 4 ATTN JEANIE BRENNEN Fund Activa 4 6100 RED HOOK QUARTER ‘UMD ACKIVILy seassesssseessassuesescevessanessseensans SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio MONEY MARKET FUND BALANCE 31,751,170 Ho Current market value NET EQUITY LAST STATEMENT 31,703,187 CHANGE SINCE LAST STATEMENT 78,441 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any diterence cr nomreceigt 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. 11201-38659. 027 06101/02:18:46 001 vs59 EFTA00198020

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 0601/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198021

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 offs Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $232 45 Cash 232.45 30,458.39 Money Fund 48,214.91 Net Cash Balance $232.45 $30,458.39 Amount Cr ited $78,440.85 Money Fund -48,214.91 Income Summary Amount Detter a esscsrssnsesnecsreseserestssse Dividends 48,214.91 202,081.27 Net Cash Activity 30,225.94 Credit Balance Int. 0.00 4,083.32 Total $48,214.91 nn 3 208,164.59 Portfolio Composition Cash/Cash Equivalent 31,781,628 Your Portfolio Holdings CASH & CASH EQUIVALENTS NANRKET ESTIMATED — CURRENT DESCRIPTION SYMBOUCUSIF QUANTITY PRICE VALUE ANNUAL INCOME YIELD [%} CASH BALANCE 30,458 027 0601/02;15:46 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 27,2002 THROUGH May 31, 2002 accout uncer Taxpayer numecr LAST STATEMENT April 26, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. v559 EFTA00198022

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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 INSTITUTIONAL INTERESTS 405 STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 account suvccr Twpaver nuvecr Your Portfolio Holdings (continued) CASH & CASH EQUIVALENTS continued) LAST STATEMENT — April 26, 2002 NAARKET ESTIMATED QURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) DREYFUS CASH MANAGEMENT-CL A DICXX 31,751,169.53 1.0000 31,751,170 571,521 1.8000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD _1,7800% TOTAL CASH & CASH EQUIVALENTS $31,781,628 $571,521 YOUR TOTAL ESTIMATED ANNUAL INCOME $571,521 YOUR PRICED PORTFOLIOHOLDINGS $31,781,628 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 05/29/02 DEPOSIT BBN SHR RP RAIS SECS 30,225.94 TOTAL $30,225.94 MONEY FUND ACTIVITY DATE MavDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 04/27/02 OPENINGBALANCE 31,702,954.62 027 06/01/02;15:46 001 v559 EFTA00198023

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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 5 os STATEMENT PERWO April 27,2002 THROUGH May 31, 2002 Transaction Detail (continued) account numccr = raxpaver nuvocr MONEY FUND ACTIVITY (continued) LAST STATEMENT — April 26, 2002 OATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 05/01/02 DIVIDEND RBECEUR CASH MANAGEMENT-CL A DICK 48,214.91 MONTHLY DIVIDEND OSi010S REINVEST RAC VFUS CASH MANAGENENT: DIVIDEND REINVESTED 4837494 48,214°97 05/31/02 CLOSINGBALANCE 31,751,169.53 TOTAL $-48.214.91 $48,214.91 f—™ (stop) ****** End of Statement*™***** _/ 027 0601/02;15:46 001 VS59 EFTA00198024

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZICHERMAN,IRA STATEMENT PERIOD March 29, 2002 TeepHone = THROUGH April 26, 2002 VISIT OUR WEBSITE wow.bearstearns.com account numccr = What’s In This Statement || PP | ery en eee vaxpayer wuweer LAST STATEMENT March 28, 2002 Financial Summary , . 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings . . 4 FINANCIAL TRUST CO TTEE Transaction Detail .......cscsssseesssesesseseeees 4 ATTN JEANIE BRENNEN Fund Activi 5 6100 RED HOOK QUARTER UNG ACKIVItY sessesssesneeeseanensstscesnenseesceniens SUITE B-3 ST THOMAS Vi 00802 Your Portfolio at a Glance Market Value of Your Portfolio MONEY MARKET FUND BALANCE 31,702,955 Current market value aan BT Lest sttorent’s rare valve NET EQUITY LAST STATEMENT 36,079,739 CHANGE SINCE LAST STATEMENT -4,376,551 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any diterence cr nomreceipt of checks or stocks, indicated as dolivered 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. 11201-3869. 027 04/27/02:12:01 001 vss? EFTA00198025

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/27102;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198026

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 3 of Cash Flow Analysis THIS PERIOD OpeningBalance $133,181.58 Money Fund 4,356,397.15 Dividends/Interest 50.87 Amount Cr ited $4,356,448.02 Money Fund -86.397.15 Funds Withdrawn -633,000.00 Miscellaneous -3,800.000.00 Amount Debited $-4,489,397.15 Net Cash Activity -132,949.13 Cash Balance Summary OPENING CLOSING Cash 133,181.58 232.45 $133,181.58 $232.45 Net Cash Balance Income Summary ToS PERIOD YEAR TO DATE Dividends 56,397.15 153,866.36 Credit Balance Int. 50.87 4,083.32 Total $56,448.02 Portfolio Composition Cash/Cash Equivalent 31,703,187 Total $31,703,187 027 04/27102;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 accout uncer Taxpayer numecr LAST STATEMENT March 28, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS67 EFTA00198027

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 ofS Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE 232 DREYFUS CASH MANAGEMENT-CL A bICccX INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1, 8500% 31,702,955 602,356 1.9000 eS 31,702,954.62 1.0000 TOTAL CASH & CASH EQUIVALENTS $31,703,187 $602,356 YOUR TOTAL ESTIMATED ANNUAL INCOME $602,356 YOUR PRICED PORTFOLIOHOLDINGS $31,703,187 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 04/01/02 FND WIRED WIRED TO 633,000.00 $ FROM DREYFUS TODAY TOTAL $-633,000.00 027 04/27/02;12:01 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account numccr teaver wwocn LAST STATEMENT March 28, 2002 VS67 EFTA00198028

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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 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS a" 10179 INSTITUTIONAL INTERESTS 5 os STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account suvccr Twpaver nuvecr Transaction Detail (continued) MONEY FUND ACTIVITY LAST STATEMENT — March 28, 2002 DATE MOVDAY TRANSACTION DESCAIFTION SYMBOUOUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/29/02 OPENINGBALANCE 35,946.557.47 ARS O4i01102" BIVIBEND DREYFUS CASH MANAGEMENT-CL A” INSTITUTIONAL SHARES $6,397.15 INSTITUTIONAL SHARES DIVIDEND REINVESTED 04/26/02 CLOSINGBALANCE 31,702.954.62 TOTAL $-56.397.15 $4,356,.397.15 INTEREST DATE DESCRIPTION SYMBOUOUSIF QUANTITY RATE ("ed DEBIT AMOUNT CAEDIT AMOUNT 04/22/02 INTEREST ONCREDIT BALANCE 1.2500 50.87 AT 1 1/4% 03/21 THRU 04/20 TOTAL $50.87 MISCELLANEOUS DATE MOvDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 04/01/02 JOURNAL To 3,800,000.00 PER Li TOTAL $-3.800,000.00 027 04/27102;12:01 001 vss7 EFTA00198029

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BEAR STEARNS ACCOUNT EXECUTIVE = ZICHERMAN, IRA TELEPHONE OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . Transaction Detail ......s.sessesseresseesrees Fund Activity ,, Your Messages or bk ew Your Portfolio at a Glance NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 35,946,557 $36,079,739 31,034,575 5.045.164 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 Ho Current market value $288) Last statement's 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 February 23,2002 THROUGH March 28, 2002 account sumccr roaver maccn LAST STATEMENT February 22.2002 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. This summary is for informational purposes only. It is not intended as a tax document ‘Ths statemem should be retained for your records See reverse side for important information. oz? 03/29102;20:33 001 vS55 EFTA00198030

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2 of 6 STATEMENT BACKER IS PRINTED ON THIS PAGE 03/2902;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198031

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of6 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $132,878. 78 Cash 132,878.78 133,181.58 Money Fund “06147 Net Cash Balance $132,878.78 $133,181.58 Dividends/Interest 902.80 essetessesseseensnesssnesssseeeeeeensnnnsnsnssssess seseseeseses sevee Miscellaneous 5,000,000.00 Amount Credited $5,045,164.67 Income Summary Money Fund -5,044,861.87 THIS PERIOD YEAR TO DATE seseessnssssssessannennnnnnnnnnnsnensesescanennnennnnnnnnnnneess eon Dividends 44,861.87 97,469.21 Amount Debit... saresessssssssasesrresseeie ssi eaaioe eu ee, Credit Balance Int. 302.80 4,032.45 Total $45,164.67 1008 101,501.68 Net Cash Activity 302.80 Portfolio Composition Cash/Cash Equivalent 36,079,739 027 03/2902;20:33 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 accout uncer Taxpayer numecr LAST STATEMENT February 22,2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. V555 EFTA00198032

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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 4 of6 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 accout nuvecr Your Portfolio Holdings CASH & CASH EQUIVALENTS Taxpayer nuGcR LAST STATEMENT February 22,2002 NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE DREYFUS CASH MANAGEMENT-CL A bICcX 35,946,557.47 1.0000 35,946,557 611,091 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1, 8500% TOTAL CASH & CASH EQUIVALENTS $36,079,739 $611,091 YOUR TOTAL ESTIMATED ANNUAL INCOME $611,091 YOUR PRICED PORTFOLIOHOLDINGS $36,079,738 Transaction Detail MONEY FUND ACTIVITY DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/23/02 OPENINGBALANCE 30,901 ,695.60 INSTITUTIONAL SHARES INSTITUTIONAL SHARE: MONTHLY DIVIDEND IReTHUM TONAL SHARE: +] 027 03/2902;20:33 001 V555 EFTA00198033

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS Transaction Detail (continued) MONEY FUND ACTIVITY (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 5 of 6 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account numccr teaver wwocn LAST STATEMENT February 22,2002 DATE MO'DAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT (CREDIT AMOUNT 03/28/02 CLOSINGBALANCE 35,946,557.47 TOTAL $-5,044,861.87 $44,861.87 INTEREST CESCRIPTION SYMBOUCUSIP QUANTITY RATE CEBIT AMOUNT CREDIT AMOUNT 03/21/02 INTEREST ONCREDIT BALANCE 1.2500 302.80 AT 1 1/4% 02/21 THRU 03/20 TOTAL $302.80 MISCELLANEOUS DATE MO'DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/28/02 JOURNAL FROM: 5,000,000.00 PER LOA arias TOTAL $5,000,000.00 o27 02/2902;20:33 001 V555 EFTA00198034

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 6 of6 Your messages ie Pursuant to SEC Rule 11Ac1-6, Bear, Stearns & Co, Inc will publicly post its quarterly routing statistics at the following web link: http-//www,bearstearns ,com/corporate/business/equities/orp tm **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 23,2002 THROUGH March 28, 2002 account sumccr weaver maccn LAST STATEMENT February 22,2002 ZS Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2001 and January 31, 2002, the Company's net capital of approximately $2.6 billion and $2.6 billion was approximately 9% and 8% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $604.1 million and $648.0 million by approximately $2.0 billion and $2.0 billion, all respectively. A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com_, Alternatively, to request a free printed copy please call -toll free 1-866-299-9331, 027 03/2902;20:33 001 vs55 EFTA00198035

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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 — wwnw.bearstearns.com What's In This Statement Financial Summary ,. : 3 Your Portfolio Holdings . » 4 Transaction Detail .....ssssssesseeeseens 4 Your Portfolio at a Glance NET CREDIT BALANCE 132,879 MONEY MARKET FUND BALANCE 30,901,696 ee OY NET EQUITY LAST STATEMENT 30,981,121 CHANGE SINCE LAST STATEMENT 53,453 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. 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 Ho Current market value $2 Last statement's market value This summary is for informational purposes only. It ts not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important information. 02/22/02;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account sumccr rwraver maccn LAST STATEMENT January 25, 2002 vs27 EFTA00198036

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2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE 02/2302;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198037

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. a BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | INSTITUTIONAL INTERESTS 3 os STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 . account numccr = Cash Flow Analysis Cash Balance Summary a THIS PERIOD ee LAST STATEMENT January 25, 2002 Balance Openi: Cash 132,033.48 132,878.78 Money Fund 52,607.34 Net Cash Balance $132,033.48 $132,878.78 Funds Deposited 702.94 S00 annenanennnnennnennnnsessanennenannnennenannan ees aeannnnnnsies seen Dividends/Interest 142.36 Amount Credited $53,452.64 Income Summary Money Fund -52,607.34 —_— YEA TO DATE sesesssssssssessannnennnnnnnnnnnsnssesssseneennnennnnnnnnnnnensessatee ees Dividends 52,607.34 52,607.34 Amount Deb ited... ssresessssssesesesearesssseressssseesseooe eee Credit Balance Int. 142.36 3,729.65 Net Cash Activity 845.30 La . ta Your Portfolio Portfolio Composition Allocation Cash/Cash Equivalent 31,034,575 Cash & Equivalent— 100% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. 027 02/2302;10:07 001 v827 EFTA00198038

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 405 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE 132,879 DREYFUS CASH MANAGEMENT-CL A bICcX 30,901 ,695.60 1.0000 30,901,696 618,034 2.0000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,9000% TOTAL CASH & CASH EQUIVALENTS $31,034,575 $618,034 YOUR TOTAL ESTIMATED ANNUAL INCOME $618,034 YOUR PRICED PORTFOLIOHOLDINGS $31,034,574 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 02/06/02 DEPOSIT CANDIE'S INC SEC 00 702.94 INSTITUTIONAL INTEREST STERLING NAT BK TOTAL $702.94 oz? 02/23102;10:07 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account suvccr Twpaver nuvecr LAST STATEMENT January 25, 2002 vs27 EFTA00198039

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. One Mevotech Contr North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 INSTITUTIONAL INTERESTS 5 os . STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) accouvt xumccr | Twpaver nuvecr LAST STATEMENT January 25, 2002 MONEY FUND ACTIVITY DATE MOIDAY TRANSACTION DESCAIFTION SYMBOL/OUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 01/26/02 OPENINGBALANCE 30,849,088.26 ARES MONTHLY DIVIDEND D 52,607.34 REINVEST DREYFUS CASH MANAGEMENT-CL'A BiceK "52,607.34. INSTITUTIONAL SHARE: 02/22/02 CLOSINGBALANCE 30,901 ,695.60 TOTAL $-52.607.34 $52,607.34 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%} DEBIT AMOUNT CAEDIT AMOUNT 02/21/02 INTEREST ONCREDIT BALANCE 1.2500 142.36 AT 1 1/4% 01/21 THRU 02/20 TOTAL $142.36 f_™ ya sop] ****** End of Statement****** A —/ 027 02/23/02;10:07 001 827 EFTA00198040

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BEAR STEARNS ACCOUNT EXECUTIVE —ZICHERMAN, IRA TELEPHONE OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 VISIT OUR WEBSITE www.bearstearns.com What’s In This Statement Financial Summary , Your Portfolio Holdings . Transaction Detail ......sssssesseresseeerees Fund Activity .. Your Messages NOS & w Your Portfolio at a Glance NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 30,849,088 Equities $30,981,121 35,474,342 ~4,493,221 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Please report any diference or nomrecaipt of checks or stocks, indicated as delivered to you, % Client Senices at 800-634-1428; or write to Clont Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859, 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 $0 $72,600 fie] Current market value EBB] Last statements 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 PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 ‘Ths statemem should be retamed for your records See reverse side for important imformation. vs20 EFTA00198041

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2 of? STATEMENT BACKER IS PRINTED ON THIS PAGE 01/26/02;09:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198042

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BEAR STEARNS 3 of? OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Flow Analysis THIS PERIOD OpeningBalance $599,295.27 Securities Sold 143,898.92 Money Fund 4,046,641.15 Dividends/Interest 3,587.29 Amount Credited $4,194,127.36 Securities Bought -72,500.00 Money Fund -46,641.15 Funds Withdrawn -742.248.00 Miscellaneous -3,800,000.00 Amount Debited nn sserreeeneemeeenrs1s OO 8815 Net Cash Activity -467,261.79 Same day Yansfors cf cash between account types are not inchuded in this section; such transfers, as well ag details for all other transactions this period, appear in Transaction Detail Cash Balance Summary OPENING CLOSING Cash 599,295.27 132,033.48 Margin 0.10 0.00 Short -0.10 0.00 $132,033.48 Net Cash Balance $599,295.27 Income Summary THS PERIOD YEAR TO DATE Credit Balance Int. 3,587.29 3,587.29 Tote aectscteesesteeerenrenrene oe eevee aD Portfolio Composition Cast/Cash Equivalent 30,981,121 027 01/26/02;09:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account suvccr weaver maccn LAST STATEMENT December 31,2001 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vs20 EFTA00198043

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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 4a . STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Your Portfolio Holdings | CASH & CASH EQUIVALENTS vaxpayer numer LAST STATEMENT December 31,2001 NAABKET ESTIMATED — CURRENT DESCRETION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME —_YELD (%} CASH BALANCE 132,033 DREYFUS CASH MANAGEMENT-CL A bICcX 30,849,088.26 1.0000 30,849,088 647,831 2.1000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,9500% TOTAL CASH & CASH EQUIVALENTS $30,981,121 $647,831 YOUR TOTAL ESTIMATED ANNUAL INCOME $647,831 YOUR PRICED PORTFOLIOHOLDINGS $30,981,121 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/02/02 MERGER BANK PLUS CORP 064446107 -10,000 72,500.00 TO AGER. UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 7.200000 DIFFERENCE - 0,060000 027 01/2602;09:29 001 vs20 EFTA00198044

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 5 of? Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE 01/03/02 MERGER BANK PLUS CORP 064446107 10,000 TO CASH MERGER-$7 25 P/S TOTAL DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 01/08/02 FND WIRED WIRED TO 109,248.00 TOTAL $-742,248.00 MONEY FUND ACTIVITY DATE MOrDAY TRANSACTION DESCAIPTION SYMBOUCUSIP Quanmiry PRICE 01/01/02 OPENINGBALANCE 34,802,447.11 RenItMONAD SAARES DIVIDEND REINVESTED ae PRE YEUS GASH MANAGEMENT-CL A” BIceK AMT INCLUDED IN 2001 - 1099 DEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO January 1, 2002 THROUGH January 25, 2002 account numccr teaver wwocn LAST STATEMENT December 31,2001 DEBIT AMOUNT 72,500.00 CREDIT AMOUNT $-72,500.00 $143,898.92 CAEDIT AMOUNT "46,641.15 027 01/2602;09:29 001 vs20 EFTA00198045

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 6 of? Transaction Detail (continued) MONEY FUND ACTIVITY (continued) MOIDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE 01/09/02 SOLD RBECEUR CASH MANAGEMENT-CL A DICCK ~4,000,000 1.0000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account suvccr Twpaver nuvecr LAST STATEMENT December 31,2001 OEBIT AMOUNT (CREDIT AMOUNT 4,000,000.00 01/25/02 CLOSINGBALANCE 30,849,088.26 TOTAL INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT 1.2500 $-46,641.15 $4,046,641.15 CAEDIT AMOUNT 254.40 INTEREST ON CREDIT BALANCE 3,332.89 AT 1 1/4% 12/21 THRU 12/30 TOTAL $3,587.29 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 01/02/02 JOURNAL JOURNAL FROM TYPE 2TO5 0.10 ne" JOURNAL JOURNAL FROM TYPE 2 76'S O10 PER LOA TOTAL $-3,800,000.10 $0.10 02? 01/26102;09:29 001 vs20 EFTA00198046

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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 7 of? STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account suvccr Twpaver nuvecr Your messages LAST STATEMENT December 31,2001 ie The interest, if any, charged to your account during December 2001 was computed on the net debit balance through December 30. The interest, if any, charged to your account during January 2002 is computed from December 31, 2001, f_™ [Stop] ~+-*** Endof Statement™**** \ / — 027 01/2602,08:29 001 vS20 EFTA00198047