Statements EFTA00198118

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OFFICE SERVICING YOUR ACCOUNT BEAR STEARNS What’s In This Statement Financial Summary , 3 Your Portfolio Holdings . ' 4 Transaction Detail .....usssseeeenees 8 Trades Not Yet Settled .. 21 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD §=—:14,300,358 NET CREDIT BALANCE 914,140 MONEY MARKET FUND BALANCE 3,162,236 $18,376,734 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 17,420,427 956,308 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 INSTITUTIONAL INTERESTS C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN Market Value of Your Portfolio 6,376 Cash & Equivalent a $5,753,613 Equities $14,300,358 5 $11,666,814 || Current market value ERB] Last statements market value This summary is for informational purposes only. It Is not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERKOO December 1, 2001 December 31,2001 accout numccr Taxpayer nuwecr November 30, 2001 THROUGH LAST STATEMENT Important Message if any information regarding 200 1interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31,20020r 1042S by March 15,2002. ‘This statemem should be retained for your records. See reverse side for important information 027 01/0302;10:04 001 vs19 EFTA00198119

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2 of 21 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/0302;10:04 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS vs19 EFTA00198120

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BEAR STEARNS Cash Flow Analysis Balance Openi: Securities Sold Money Fund Dividends/Interest Miscellaneous Amount Credited Securities Bought Money Fund Miscellaneous Amount Debited Net Cash Activity OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERIOD $873,310.56 1,669,680.20 2,031,933.59 7,774.85 36,278.17 361 401.69 -306,933.59 -36,501.67 Cash Balance Summary OPENING CLOSING Cash 873,310.56 914,140.42 Net Cash Balance $873,310.56 $914,140.42 3 of 21 Income Summary THiS PERIOD YEAR TO DATE Dividends 13,532.09 153,661.75 Substitute Payment 0.00 630.00 Credit Balance Int. 1,176.35 53,133.82 Total $14,708.44 Short Dividends 0.00 Foreign Tax Withheld -118.50 Margin Int. Paid 0.00 Portfolio Composition Cash/Cash Equivalent 4,076,376 Equities 14,300,358 Total $18,376,734 027 01/0302;10:04 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 account sumccr rwraver maccn LAST STATEMENT Novernber 30, 2001 Your Portfolio Allocation Cash & Equivalent Equities 77% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, EFTA00198121

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 oa Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD ('%) CASH BALANCE THE TREASURERS FUND INC GTDXX 3,162,235.72 1.0000 3,162,236 56,920 1.8000 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $4,076,376 $56,920 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE CASH 3,200 26.5300 84.896 ACTY INC IATY CASH 22,300 1.8700 41,701 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 7,400 26.1700 193,658 NEW ADELPHIA COMMUNICATIONS CORP ADLAC CASH 28,654 ‘ 31.1800 893,432 CLA ANNTAYLOA STORES CORP ANN CASH 4,000 35.0000 440.000 AMERICAN STANDARD COMPANIES ASD CASH 4,100 . 68.2300 379.743 INC-DEL BEA SYSTEMS INC BEAS CASH BEVERLY ENTERPRISES INC NEW BEV COSTCO WHOLESALE CORP-NEW COST CITIZENS COMMUNICATIONS CO CZN CASH 32,800 10.6600 349,648 175,674 428.280 027 01/0302;10:04 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH ACCOUNT NUMBER December 31,2001 rwraver maccn LAST STATEMENT vs19 November 30, 2001 EFTA00198122

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 5 ofa Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CABLEVISION SYSTEMS CORP-CL A cve CASH 5,000 47.4500 237,250 C EDISON INTERNATIONAL Bik CASH 39.0200 97,550 23.6400 249,402 EASTMAN CHEMICAL CO EMN CASH EMMIS COMMUNICATIONS CORP-CLA EMMS ENZON INC ENZN CASH FOX ENTERTAINMENT GROUP INC FOX CLA FMC CORP NEW ° FMC CASH 2,400 59.5000 142,800 56.2800 75,978 26.5300 228,158 FOOT LOCKER INC Z CASH 4.750 15.6500 74,338 FEDERATED DEPARTMENT STORES FD CASH 6.800. 40.9000 278.120 INC-DEL HCA ING HcA CASH 15,000 38.5400 578.100 1200" "9.2076 (FRM HCA-HEALTHCARE COMPANY) HARRAHS ENTERTAINMENT INC HET CASH 7/600 37.0100 59.216 IMG GLOBAL INC el CASH 17,800 73.0000 331.400 1424" O6is4 3.680 6.7368 IMPERIAL CHEMICAL INDS PLC ici CASH 2.500 21.8500 54,625 ADR NEW KOHLS CORP KSS CASH 4,900 70.4400 345,156 LIBERTY MEDIA COAP LMCA CASH 37,800 14.0000 529.200 SER A NEW liz CLAIBORNE ING liz GASH 3,700 49.7500 184.075 1665 0.9045 027 01/0302;10:04 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH ACCOUNT NUMBER December 31,2001 rwraver maccn LAST STATEMENT vs19 November 30, 2001 EFTA00198123

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 6 oa Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) MILLENNIUM CHEMICALS INC MCH CASH 7,900 12.6000 99.540 4,740 4.7619 NGM MIRAGE MGG GASH 1.950 28.8700 56.297 MANDALAY RESORT GROUP MBG CASH 1,950 21.4000 41,730 MCDATA CORP MCOTA CASH 1,050 24.5000 25,725 CLA 12.7900 18.3300 14.8300 Vi4i91 NAUTICA ENTERPRISES INC NAUT CASH NORFOLK SOUTHERN CORP NSC PEREGRINE SYSTEMS INC PRGN 258.453. 3.384 1.3093 PACIFIC SUNWEAR OF CALIFORNIA PSUN CASH 1,800 20.4200 36,756 INC QUIKSILVER INC ZOK CASH 17.2000 163,400 REMEC INC REMC 9.9900 147,353 ROYAL CARIBBEAN CRUISES LTD RCL CASH 23,150 16.2000 375.030 12,038 3.2099 eo INTERNATIONAL LTD TY CASH 11,300 58.9000 665,570 565 0.0849 027 01/0302;10:04 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH ACCOUNT NUMBER December 31,2001 rwraver maccn LAST STATEMENT vs19 November 30, 2001 EFTA00198124

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 7 of 1 Your Portfolio Holdings (continued) Equities & Options (continued) MARKET ESTIMATED CURRENT VALUE ANNUAL INCOME YIELD (%) 1,920 ACCT DESCRETION SYMBOLCUSIP TPE QUANTITY TALBOTS INC TLE CASH TENET HEALTHCARE CORP THC TRANSWITCH CORP TXCC CASH TEXTRON INC TXT CASH TOMMY HILFIGER CORP-ORD TOM USA NETWORKS INC USAI UNITED RETAIL GROUP INC URGI CASH UNIVERSAL HEALTH SERVICES INC UHS CASH cLB VITRIA TECHNOLOGY INC VITR CASH 21 "850 COM VERITAS SOFTWARE CORP VATS CASH 3,550 44.8200 159,111 36,450 41.4600 182,424 13.7500 239,250 27.3100 158,398 427.755 42.7800 449,190 6.3900 139,622 VITESSE SEMICONDUCTOR CORP Viss CASH 5.550 12.4600 69.153 VIACOM INC-CL B VIAB CASH 6,200 44.1500 273,730 YOUNG BROADCASTING INC-CL A YBTVA CASH 11,900 17.9500 213,605 Total Equities& Options $14,300,358 $53,878 TOTAL EQUITIES $14,300,358 $53,878 YOUR TOTAL ESTIMATED ANNUAL INCOME $110,798 YOUR PRICED PORTFOLIOHOLDINGS $18,376,734 027 01/0302;10:04 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 account sumccr rwraver maccn LAST STATEMENT Novernber 30, 2001 vs19 EFTA00198125

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BEAR STEARNS 8 of 21 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE OATE TRANSACTION 12/03/01 11/28/01 SOLD TRAIT TTBSIOT SOLE TOOT TTS0T SOLS 12/05/01 11/30/01 12/05/01 11/30/01 TROGIOT “TBST SOLS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 DESCRIPTION ee EAGLE OUTFITTERS INC NEW EXECUTION BY JPHO SEC FEE AOL TIME WARNER INC EXECUTION BY SBSH COMMISSION SEC FEE MCDATA CORP CLA EXECUTION BY INET COMMISSION SEC FEE AMERICAN EAGIE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE EXECUTION BY BUCK COMMISSION 36, AOL TIME WARNER INC EXECUTION BY BUCK COMMISSION 147,00 SEC FEE 76 EXECUTION BY BUCK COMMISSION 66,00 JONES APPAREL GROUP ing” EXECUTION BY BUCK COMMISSION 162,00 EXECUTION BY BUCK COMMISSION 138,00 SYMBOLICUSIP AEOS McoTA AEOS 027 QUANTITY PRICE -445 25.03250 “B500 34°62500 3306 35.00900 “7,205 34°80200 “B:450 33°75000 2306 32°97 01/0302;10:04 001 $4,936.96 67,63346 31:75076 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 account sumccr rwraver maccn LAST STATEMENT Novernber 30, 2001 DEBIT AMOUNT 86 36961 B9,870-45 40,637.04" 82,533.74 ‘903:39" 75:865:78 vs19 EFTA00198126 CREDIT AMOUNT 11,124.08

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 9 of 21 STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 12/07/01 = 12/04/01 BOUGHT VISHAY INTERTECHNOLOGY INC VSH 1,600 18.90800 30,379.80 SEE NOTE "S" ON BACK EXECUTION BY FBCO COMMISSION 112,00 12/10/01 12/05/01 SOLD CABLEVISION SYSTEMS CORP-CL A cvc -1,600 45.80000 73,150.55 CABLEVISION N¥ GROUP COM SEE NOTE "S" ON BACK EXECUTION BY SBSH COMMISSION 112,00 SEC FEE AS TOOT TROSOT BOUEHT DMG STRATEX NETWORKS ING” EXECUTION BY SLKC 12/10/01 12/05/01 BOUGHT MASCO CORP MAS 3,200 23.01580 73,857.56 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 192,00 12/10/01 12/05/01 SOLD SONIC AUTOMOTIVE INC-CL A SAH -2,350 20.75600 EXECUTION BY FCAP COMMISSION 164,50 SEC FEE 1,63 748060 33/856'82" 48,595.47 EXECUTION BY BUCK COMMISSION 126,00 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 30, INC-DEL EXECUTION BY BUCK COMMISSION 120,00 027 01/03/02;10:04 001 vs19 EFTA00198127

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Cop Bear, Stearns & Co. Inc. One Metratech Center North BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 10 of 21 ° STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) ow Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 12/11/01 12/06/01 SOLD IMC GLOBAL INC IGL -2,800 13.46930 37,501.78 SEE NOTE "S" ON BACK EXECUTION BY MLCO COMMISSION SEC FEE ie i) KOHLS CORP’ EXECUTION BY BUCK COMMISSION 24,00 SEC FEE 94 12/06/01 BOUGHT MASCO CORP MAS 3,400 23.09680 78,782.12 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FAHN COMMISSION 238,00 svssmnmnnsnnsnnen os npgennnennessennnnnnnnnnn a enenneng yg nennennennnisennennnnnnn ns nen "66030 THT ST 7874 12/06/01 SOLD TOMMY HILFIGER CORP-ORD TOM -6,800 13.55990 EXECUTION BY BUCK COMMISSION 408,00 SEC FEE 3.08 THT EXECUTION BY MSCO COMMISSION 175,00 EXECUTION BY BUCK COMMISSION 30,00 SEC FEE 56 EXECUTION BY MLCO COMMISSION 119,00 EXECUTION BY BUCK COMMISSION 126,00 THOT TST OOT BOUGHT FEGERATED DESARTMENT STORES INC-DEL EXECUTION BY BUCK COMMISSION 54, 37°55580 33/869 23" 00 027 01/03/02;10:04 001 vs19 EFTA00198128

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS Woofer STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/13/01 12/10/01 +=SOLD JONES APPAREL GROUP INC JNY -2,200 32.68170 71,750.34 EXECUTION BY BUCK COMMISSION 132,00 SEC FEE 2.40 AMERICAN EAGIE OUTFITTERS INC 35'33676 38,020.05" HST TTF NEW EXECUTION BY JPHO 12/14/01 12/11/01. BOUGHT ANNTAYLOR STORES CORP ANN 2,200 29.36840 64,757.48 SEE NOTE *S* ON BACK EXECUTION BY BUCK COMMISSION 132,00 EXECUTION BY FBCO SEC FEE 2,38 12/14/01 12/11/01 SOLD TAW INC TRW -4,550 39.63370 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION SEC FEE 12/14/01 12/11/01 SOLD TOMMY HILFIGER CORP-ORD TOM -2,300 14.70000 EXECUTION BY BUCK COMMISSION 138,00 SEC FEE 1.13 Fi 275-12 80,039.32 33,655.87 COM EXECUTION BY FBCO SEC FEE EXECUTION BY COWN SEC FEE 1 TAO Tat SOB VERITAS SOFTWARE CORP ™ EXECUTION BY COWN SEC FEE 44°76000 2680410 90 027 01/03/02;10:04 001 vs19 EFTA00198129

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 12 of 21 STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/18/01 12/13/01 BOUGHT COSTCO WHOLESALE CORP-NEW COST 1,500 40.90750 61,376.25 EXECUTION BY MONT VS 1500 12-13-01 EXECUTION BY BUCK VS 700 08-24-01 COMMISSION SEC FEE THOT TATSOT BOUGHT AMERICAN EAGIE OUTFITTERS INC NEW EXECUTION BY JPHO VS 2000 12-14-01 TRAST Tat BOUGHT FEDERATED BEBARTIAENT STORES #5 2600 3684416 7383530" INC-DEL EXECUTION BY BUCK VS 2000 12-14-01 COMMISSION 33°05000 46,775.60" 39'58150 §3368:70" BOUGHT ANNTAYLOR STORES CORP SEE NOTE *S* ON BACK EXECUTION BY BUCK VS 1800 12-17-01 COMMISSION 108,00 TROT TRA TOT SEE NOTE "S’ ON BACK EXECUTION BY BUCK VS 2500 11-16-01 COMMISSION 150,00 SEC FEE 1,12 TIBCO SOFTWARE | EXECUTION BY COWN VS 1500 07-12-01, 1000 03-27-0 1 SEC FEE 1,13 12/20/01 12/17/01 SOLD VERISIGN INC EXECUTION BY COWN VS 4000 11-07-01 SEC FEE 5.59 4785500 167,399.44 027 01/03/02;10:04 001 vs19 EFTA00198130

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 13 of 21 , STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/20/01 12/17/01 SOLD wala TECHNOLOGY INC VITR -2,200 5.92130 13,011.42 EXECUTION BY FBCO VS 2200 01-17-01 SEC FEE Aa EXECUTION BY JRCO VS 3200 12-18-01 COMMISSION 224,00 TROT TE BIOT BOUGHT RAMERICAN EAGLE OUTFITTERS INC REGS 2:200 3387816 5254682" NEW EXECUTION BY MONT VS 2200 12-18-01 CONTINENTAL AIRLINES INC-CL B CAL 3,500 23.97500 84,172.50 EXECUTION BY SIMM VS 3500 12-18-01 COMMISSION 245,00 EMMIS COMMUNICATIONS CORP-CL'A ENS 5,250 30°33736 106;785:83" EXECUTION BY FCAP VS 5250 12-18-01 TROT TOT SOLD WCBATA CORR CBA “1,100 24°52886 CLA EXECUTION BY INET VS 1100 10-18-01 COMMISSION 33,00 SEC FEE eet Ps 3693278 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT seg aggarnn gu pcntenennennss cect nnn nennennennn is cggennennnsneennnnnnge is nent aaa anennennnne sng pgtntnnetomnennnnnnnte EXECUTION BY DRKW VS 3600 12-18-01 COMMISSION 252,00 027 01/03/02;10:04 001 vs19 EFTA00198131

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 14 of 21 STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/21/01 12/18/01 BOUGHT ROYAL CARIBBEAN CRUISES LTD RCL 5,700 14.24760 81,625.32 SEE NOTE *S* ON BACK EXECUTION BY GSCO VS 5700 12-18-01 COMMISSION 399,00 CLA EXECUTION BY DBAB VS 9000 12-18-01 12/21/01 12/18/01 SOLD TIBCO SOFTWARE INC TIBX -5,000 14.02130 70,089.16 EXECUTION BY COWN VS 5000 03-27-01 SEC FEE VIACOM INC-CL B EXECUTION BY DAIN VS 2000 12-18-01 COMMISSION BOUGHT AMERICAN EAGIE OUTFITTERS INC REGS 1,106 35:16006 BT 6ST 00 NEW EXECUTION BY RSSF VS 1100 12-19-01 42°83006 85,815.00 eet {aisa07"" WASHINGTON INC EXECUTION BY SLKC VS 2100 11-13-01 SEC FEE EXECUTION BY FACT VS 2100 10-03-01 COMMISSION 147,00 EXECUTION BY BUCK VS 2300 12-19-01 COMMISSION 138,00 027 01/03/02;10:04 001 vs19 EFTA00198132

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 15 of 21 ° STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/24/01 12/19/01 SOLD TIBCO SOFTWARE INC TIBX -4,000 15.08420 60,199.78 EXECUTION BY INET VS 1500 03-27-01, 2500 10-03-0 1 COMMISSION SEC FEE 12/24/01 12/19/01 BOUGHT TALBOTS INC TLB 800 32.80000 26,303.00 EXECUTION BY BUCK VS 800 12-19-01 COMMISSION {R601 TSO BOUGHT AMERICAN EAGIE OUTFITTERS INC aes 600 3617500 15,720.00" NEW EXECUTION BY JPHO VS 600 12-20-01 TRR6I0T TST BOUGHT PACIFIC SUNWEAR OF CALIFOANIA INC EXECUTION BY RHCO VS 1800 12-20-01 1754250 3159750 EXECUTION BY BUCK VS 7400 12-20-01 COMMISSION 444,00 SEE NOTE "S* ON BACK EXECUTION BY RYAN VS 4100 12-20-01 CABLEVISION N¥ GROUP COM SEE NOTE "S" ON BACK EXECUTION BY MONT VS 1800 12-21-01 COMMISSION 126,00 PEREGRINE SYSTEMS ING EXECUTION BY SBSH VS 1800 12-21-01 3.46000 3473500 027 01/03/02;10:04 001 vs19 EFTA00198133

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 16 of 21 ° STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/27/01 12/21/01 BOUGHT ROYAL CARIBBEAN CRUISES LTD RCL 2,700 14.85930 40,324.11 SEE NOTE *S* ON BACK EXECUTION BY JPHO VS 2700 12-21-01 COMMISSION 189,00 NEW EXECUTION BY HRZG VS 4200 12-21-01 SOLECTRON CORP SLR 7,000 10.25000 72,255.00 EXECUTION BY MLCO VS 7000 12-21-01 COMMISSION 490,00 12/27/01 12/21/01 BOUGHT SOLECTRON CORP SLR 10,600 10.15300 108,378.80 EXECUTION BY DRKW VS 10600 12-21-01 COMMISSION 742,00 12/27/01 12/21/01 BOUGHT VISHAY INTERTECHNOLOGY INC SEE NOTE *S* ON BACK EXECUTION BY GKMC VS 700 12-21-01 COMMISSION 49, wart 1851456 13,024.15" EXECUTION BY BUCK VS 2100 12-24-01 COMMISSION 126,00 NEW EXECUTION BY INET VS 3100 12-24-01 COMMISSION 93,00 EXECUTION BY BUCK VS 250 12-26-01 COMMISSION 15,00 027 01/03/02;10:04 001 vs19 EFTA00198134

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS V7 of STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 12/31/01 = 12/26/01 BOUGHT EMMIS COMMUNICATIONS CORP-CL A EMMS 5,300 22.96000 121,703.00 EXECUTION BY JPHO VS 5300 12-26-01 SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 2000 12-26-01 COMMISSION "TRR60T BOUGHT STAGE STORES INC . STGS 2,400 33°70876 sa 147 68" NEW EXECUTION BY INET VS 2400 12-26-01 COMMISSION 72,00 "TRBEOT BOUGHT SINCLAIR BROADCAST GROUP INC CLA EXECUTION BY DBAB VS 9000 12-26-01 12/31/01 12/26/01 BOUGHT SOLECTRON CORP SLR 6,250 10.51800 66,190.00 EXECUTION BY MONT VS 6250 12-26-01 COMMISSION 437,50 THT $:48000 85/335660 THIF EXECUTION BY JPHO VS 11900 12-26-01 TOTAL $-3,361,401.69 $1,669.680.20 MONEY FUND ACTIVITY MOIDAY TRANSACTION DESCAIFTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 12/01/01 OPENINGBALANCE 4,880,302.13 DOSE HH tai OF LI0 027 01/0302;10:04 001 vs19 EFTA00198135

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 18 of 2) STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 account sumccr rwraver maccn MONEY FUND ACTIVITY (continued) LAST STATEMENT November 30, 2001 Transaction Detail (continued) OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT (CREDIT AMOUNT 12/05/01 SOLD AHR EE RASHAEBS AYNQING 0 GTDXX -300,000 1.0000 300,000.00 DOMESTIC PRIME MUM PORTFOLIO BOUGHT aaKa aR ASHREBS FUNDING 0 GION 200°000" 1.0000 200,000.00 THE TREASURERS” FUND INC Gib "300,000 °°" 76000 300,000) DOMESTIC PRIME MIM PORTFOLIO BENG HLA SHEE AHIR AS o MONTHLY DIVIDEND TeStOT BIVIBEND THe TREASURERS CUNO NE Gib 3,786.83 MONTHLY DIVIDEND TERVEST Bek reS HES WBN 0 678 MONTHLY DIVIDEND REINVESTED 14678 Te OT REINVEST iii TREASURERS FUND Neo Gio 3786/87 3.78687 BidhueSTie PRIME Le HBat FOLIO ponesre PRIME MUM PORTFOLIO AACA. paneer PRIME MUM BBA OLI0 {Baz i0T JOURNAL Bailie BB co Gib 3786/87" so FROM: TDU * JAL* TSS7 oT JOURNAL " The TAF ASURERS i COND ING GiB “S786 87 10 10: ToL. s0 027 01/03/02;10:04 001 vs19 EFTA00198136

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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 19 of21 INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MONEY FUND ACTIVITY (continued) LAST STATEMENT November 30, 2001 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 12/31/01 CLOSINGBALANCE 3,162,235.72 TOTAL $-306.933.59 $2,031 .933.59 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 12/03/01 HCA INC HCA 15,000 0.0200 300.00 (FRM HCA-HEALTHCARE COMPANY) 1 REC 11/01/01 PAY 12/01 “Ti? CLAIBORNE INC i viz T4000 OF 735 REC 11/19/01 PAY 12/10/01 78007 6.6600 " NGRFOTK SOUTHERN CoRR REC 11/02/01 PAY 12/10/01 000 REC 11/20/01 PAY 12/10/01 0235 xi) REC 11/23/01 PAY 12, 14/01 WASHINGTON INC REC 12/03/01 PAY 12, 17/01 REC 11/09/01 PAY 12/15/01 "TALBOTS NC ui) 800" G6800 64.00 REC 12/03/01 PAY 12/17/01 REC 12/03/01 PAY 12/19/01 WH 118.50 FOREIGN TAX WITHHELD 12/17, 12/19, 027 01/0302;10:04 001 vs19 EFTA00198137

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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 Brocklyn, New York 11201-3859 STEARNS _—€€ 10179 20 of 21 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 1, 2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER December 31,2001 Twpaver nuvecr DIVIDENDS (continued) LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 12/28/01 ROYAL CARIBBEAN CRUISES LTD ACL 8,650 0.1300 1,124.50 REC 12/17/01 PAY 12/28/01 “YORK INTEANATIONAL CORP NEW REC 12/19/01 PAY 12/28/01 "IMC GLOBAL INC” iGi 20.300 "6.0200 406.00 REC 12/14/01 PAY 12/31/01 TOTAL $-118.50 $6,598.50 7250" "01500 108750 iaeeior™ 12/31 INTEREST DATE CESCRIPTION SYMBOU/CUSIP QUANTITY RATE [%} DEBIT AMOUNT CAEDIT AMOUNT 12/21/01 _ INT cr DEC 01 1,176.35 TOTAL $1,176.35 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 12/03/01 JOURNAL TO CLOSE LINE 35,101.82 THOTT IOANAT ko (i) ae TO CLOSE LINE _ =o TOTAL $-36,383.17 $36,278.17 535 * JRL JOURNAL 027 01/0302;10:04 001 vs19 November 30,2001 EFTA00198138

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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 21 ofa INSTITUTIONAL INTERESTS STATEMENT PERIKOO December 1, 2001 THROUGH December 31,2001 Trades Executed Pending Settlement wombs heaven i] LAST STATEMENT Novernber 30, 2001 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/03/02 12/28/01 Hi UNI LAI -5,600.00 30.4500 170,502.44 CLA ‘BOUGHT MASCO CORP MAS 2900.00 24.5848 71,484.92 0103102 12/28/01 INC BOUGHT FOOT LOCKER INC Zz 6,000.00 15.8389 95,453.40 o1osio2 12/34 0104102 42/34 1 SOLD TRANSWITCH CORP TxXCC : 4.5223 36,372.08 TOTAL $224,332.67 $206,874.52 The above trades do not appear in any other section of this statement f—™ stop] ****** End of Statement*™***** VY —_ 027 01/03/02;10:04 001 vsiS EFTA00198139

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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 York. New York 10179 | | INSTITUTIONAL INTERESTS What’s In This Statement Financial Summary , 3 Your Portfolio Holdings . . 4 Transaction Detail .....usssseeeenees 8 Fund Activity vssenseses , 18 Trades Not Yet Settled ., 21 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD = 11,666,814 NET CREDIT BALANCE 873,311 MONEY MARKET FUND BALANCE 4,880,302 NET EQUITY LAST STATEMENT 16,346,404 CHANGE SINCE LAST STATEMENT 1,074,023 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 account numccr = Wesallssebesl Messe taxpayer nuecr INSTITUTI L INTERESTS LAST STATEMENT October 26,2001 C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN Market Value of Your Portfolio 13 Cash & E1 lent Equities $11,666,814 || Current market value EBB] Last statements market value This summary is for informational purposes only. It Is not intended as a tax document This statement should be retained for your records. See reverse side for important information o27 12)01/01;12:62 001 vs13 EFTA00198140

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2 of 21 STATEMENT BACKER IS PRINTED ON THIS PAGE 12101/01;12:62 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS v813 EFTA00198141

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BEAR STEARNS 3 of 21 Cash Flow Analysis Balance Openi: Securities Sold Money Fund Dividends/Interest Miscellaneous Amount Cr Securities Bought Money Fund Dividends/Interest Charged Miscellaneous Amount Debited Net Cash Activity OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERIOD $970,628.96 2,161,234.64 2,360,187.09 3,858.14 38,674.60 .060,735.20 -560,187.09 -1,404.00 -38,946.58 -97.318.40 Cash Balance Summary Cash Margin Net Cash Balance CLOSING 873,310.56 0.00 $873,310.56 Income Summary THiS PERIOD YEAR TO DATE Dividends 10,961.73 140,129.66 Substitute Payment 0.00 630.00 Credit Balance Int. 1,679.50 51,957.47 Total $12,641.23 Short Dividends 0.00 Foreign Tax Withheld -236.98 Margin Int. Paid 0.00 Portfolio Composition Cash/Cash Equivalent 5,753,613 Equities 11,666,814 Total $17,420,427 027 12101/01;12:62 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 account sumccr rwraver maccn LAST STATEMENT October 26,2001 Your Portfolio Allocation Cash & Equivalent- 34% Equities 66% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, v813 EFTA00198142

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 oa Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET VALUE ESTIMATED ANNUAL INCOME (CURRENT DESCRIPTION QUANTITY PRICE YELD [%) CASH BALANCE THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS SYMBOLICUSIP GTDXX 4,880,302.13 1.0000 4,880,302 87,845 1.8000 $5,753,613 $87,845 EQUITIES Equities & Options MARKET VALUE ESTIMATED ANNUAL INCOME CURRENT YELD (%} ACCT DESCRIFTION SYMBOUCUSIP TYE ACTY INC IATV CASH AMERICAN EAGLE OUTFITTERS INC AEOS NEW AOL TIME WARNER INC AOL ADELPHIA COMMUNICATIONS CORP ADLAC CLA AMERICAN STANDARD COMPANIES ASD CASH INC-DEL BEA SYSTEMS INC BEAS CASH 11,400 BEVERLY ENTERPRISES INC NEW BEV CASH 49,800 CENDANT CORP 11,450 COSTCO WHOLESALE CORP-NEW COST CITIZENS COMMUNICATIONS CO CZN CSX CORP cSx CASH 3,950 PRICE 1.6200 24.4400 36,126 40,326 34.9000 172,755 25.1100 749.502 63.5000 260,350 191,406 453,180 16.7900 9.1000 17.0400 195,108 40.8800 321,112 37.4000 147,730 42.0400 201,792 53.144 1.0695 1,580 CABLEVISION SYSTEMS GORP-CL A CABLEVISION NY GROUP COM cve 027 12101/01;12:62 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH account sumccr rwraver maccn LAST STATEMENT October 26,2001 v813 November 30,2001 EFTA00198143

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 5 ofa Your Portfolio Holdings (continued) Equities & Options (continued) ACCT DESCRIPTION SYMBOLICUSIP TPE DMC STRATEX NETWORKS INC STXN CASH EDISON INTERNATIONAL Bik GASH ENZON INC EN2N CASH EXPEDITORS INTERNATIONAL OF EXPD CASH WASHINGTON INC FOX ENTERTAINMENT GROUP INC FOX CASH 8,600 25.5200 219,472 CLA FEDEX CORP FOX FMC CORP NEW FMC FOOT LOCKER INC Z CASH FEDERATED DEPARTMENT STORES FD CASH INC-DEL I-MANY INC IMNY HCA INC HCA (FRM HCA-HEALTHCARE COMPANY) HARRAHS ENTERTAINMENT INC HET IMC GLOBAL INC IGL CASH IMPERIAL CHEMICAL INDS PLC Icl ADR NEW KOHLS CORP KSS CASH 3,600 67.8500 244,260 NAARKET ESTIMATED CURRENT VALUE ANNUAL INCOME YELD (%) 58.6100 | 79.124 50.0100 105,021 420 0.3999 76,665 37.0000. 70,300 11.7500 371.425 | {84a 0.6809 23.1000 57.750. 3.680 6.3723 LIBERTY MEDIA COAP LCA CASH 37.800 13-1500 497.070 SER A NEW LZ CLAIBORNE INC uz CASH 1,400 49.9800 69,972 630 0.9004 “4740 5.1107 MILLENNIUM CHEMICALS INC NCH CASH 7,900 11.7400 92.746 | MGM MIRAGE MGG GASH 7.950 26.3500 51.383 027 12101/01;12:62 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH ACCOUNT NUMBER November 30,2001 rwraver maccn LAST STATEMENT v813 October 26,2001 EFTA00198144

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 6 oa Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} MANDALAY RESORT GROUP MBG CASH 1,950 21.6000 42,120 MCDATA CORP MCOTA CASH 4,350 25.1100 109,229 CLA NOVA CHEMICALS CORP NOX CASH 8,600 18.6900 460.734 {37a "018573 NAUTICA ENTERPRISES INC NAUT GASH 2,600 73.0000 33.800 POLd RALPH LAUREN CORP-CL A RL CASH OMNICARE INC REMEC INC REMC 24.1200 21.3800, 280.078 i739" o4270 11.1000 463,725 ‘SONIC AUTOMOTIVE INC-CL A SAH CASH 2,350 19.8500 SYMBOL TECHNOLOGIES INC SBL CASH 12,200 16.6200 202,764 244 0.1203 TYCO INTERNATIONAL LTD TY CASH 11,300 58.8000 664,440 565 TENET HEALTHCARE CORP THC CASH 7,350 60.0000 441,000 TRANSWITCH CORP TXCC CASH 8,100 4.0100 32,481 TEXTRON INC TXT CASH 4,400 39.6500 174,460 5,720 3.2787 UNITED RETAIL GROUP INC UAGI CASH 16,700 7.6920 027 12101/01;12:62 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH ACCOUNT NUMBER November 30,2001 rwraver maccn LAST STATEMENT v813 October 26,2001 EFTA00198145

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 7 of 1 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET DESCRIPTION SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE UNIVERSAL HEALTH SERVICES INC UHS CASH 10,500 41.9100 ESTIMATED ANNUAL INCOME CURRENT YIELD [') 440,055 VIACOM ING-CLB VIAB GASH 43.6500 183.330 ° VISHAY INTERTECHNOLOGY INC VSH CASH 18.3800 90,062 YORK INTERNATIONAL CORP NEW YRK CASH 7,250 36.5000 264,625 4,350 1.6438 Total Equities& Options $11,666,814 $37,585 TOTAL EQUITIES $11,666,814 $37,585 YOUR TOTAL ESTIMATED ANNUAL INCOME $125,430 YOUR PRICED PORTFOLIOHOLDINGS $17,420,426 o27 12101/01;12:62 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 Novernber 30, 2001 account sumccr Twpaver nuvecr October 26,2001 THROUGH LAST STATEMENT v613 EFTA00198146

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 8 of 21 STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY LAST STATEMENT October 26, 2001 Transaction Detail SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 10/29/01 10/24/01 BOUGHT HCA INC HCA 5,000 37.80980 189,414.00 (FRM HCA-HEALTHCARE COMPANY) EXECUTION BY COWN COMMISSION 350,00 TOBSIOT “TOOT BOUGHT NORFOLK SOUTHERN CORP” NSE 1,600 1707766 oT ast 16 EXECUTION BY MLCO COMMISSION 112,00 TOBSIOT “TOOT SOLS USA NETWORKS INC : USAi “3,666 1867676 EXECUTION BY GSCO SEC FEE 2.25 CABOT MICROELECTRONICS “CORP CChie “550 66.75000 36,696.27 EXECUTION BY RSSF SEC FEE 1,23 67,197 37 orsoio7"" 6.72500 652.47 10/30/01 EXECUTION BY BUCK COMMISSION 5.00 SEC FEE 03 WATSON PHARMACEUTICALS” INC EXECUTION BY BUCK COMMISSION 48,00 CASTLE Ni CORE™ cei 6.550 {2.60700 AS OF 1 26/01 enue sce euenauaesnnnenenanees ssc aeeneeenenn ounanausenennenenans sss auneunenenenseneneenn (111 eueuaeueneususenennen 1c aenensuseeenenengees (111 eueneeaenen {0s aueesenneneeneesenan sist eneaen TOMMY HILFIGER COAP-OAD TOM 7300 1735000 44°73T'00 EXECUTION BY CANT COMMISSION 91,00 jorsoiot IF 48.7945 38,678 :60~ {orsTioT 7818472 "§ 23830 "230.6 EXECUTION BY MLCO COMMISSION 12,00 SEC FEE .05 SONIC AUTOMOTIVE INE-CLA Sai B00 1897900 49,172.75 EXECUTION BY BUCK COMMISSION 156,00 SEC FEE 1,65 AS OF 10/29/01 027 12101/01;12:62 001 v813 EFTA00198147

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 9 of 21 STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 11/02/01 10/30/01 SOLD CABLEVISION SYSTEMS CORP-CL A cvc -3,600 34.62540 124,380.28 CABLEVISION N¥ GROUP COM SEE NOTE *S* ON BACK EXECUTION BY SBSH COMMISSION 252,00 SEC FEE 4.16 11/02/01 10/30/01 SOLD CARNIVAL CORP-CL A CCL -4,050 21.46680 EXECUTION BY RYAN COMMISSION 283,50 SEC FEE 2,90 8663914 60,717.65 TieZiot TosOOT SOLE COX COMMUNICATIONS INC NEW COX “7,600 38.01980 CLA AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED INC-DEL EXECUTION BY MLCO COMMISSION 63,00 EXECUTION BY MLCO COMMISSION 18,00 SEC FEE 06 DIA COR! SER A NEW EXECUTION BY MSCO COMMISSION 308 ,00 SEC FEE 1,72 CLAIBORNE INC EXECUTION BY UBSW COMMISSION 182,00 SEC FEE 3.88 11/02/01 10/30/01 SOLD SONIC AUTOMOTIVE IN‘ EXECUTION BY RSSF COMMISSION 147,00 SEC FEE 1,23 Tet TG) TORT TTSOG 4466816 71593618 LK 756000 36,586.77 027 12101/01;12:62 001 v813 EFTA00198148

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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 10 of 2) INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 Transaction Detail (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/05/01 NAME CHG FOOT LOCKER INC a 6,850 FOO7761 FROM V¥100124 NIC FOOT LOCKER ING yiooi2e TO FOO7761 NC FOOT LOOKER INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY NEED COMMISSION 119,00 THORIOT TTOSOTT SOLS “APPLIED MICRO CIRCUITS CORP” “acorn “1,666 1359676 13587 24 EXECUTION BY DAIN SEC FEE 46 EXECUTION BY BUCK COMMISSION 126,00 TiosiOT TTsoT BOUGHT TALBOTS INC 78 800 30°92996 34'806'382" EXECUTION BY BUCK COMMISSION 48,00 THOSIOT TTOSOT SOB VITESSE SEMICONDUCTOR CORP VISS -1,400 16:88300 15,219.29 EXECUTION BY DAIN SEC FEE 51 TOOT TTT SOLS BPBLIED MICRO CIRCUITS CORE AMCC -2,400 1335000 32,023.93 EXECUTION BY DAIN SEC FEE 1,07 HEALTH MANAGEMENT ASSOCIATES MA “S:766 30:29776 i547 15 INC NEW-CL A SEE NOTE 'S' ON BACK EXECUTION BY FBCO COMMISSION 679,00 SEC FEE 6,54 TOTO TTT BOUEAT KOHLS CORP KES 3,300 844750 186,369'85" EXECUTION BY BUCK COMMISSION 198,00 THOs6T TF 027 12101/01;12:62 001 v813 EFTA00198149

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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 Woofer STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/09/01 11/06/01 SOLD SPECTRASITE HOLDINGS INC SITE -22,150 2.27960 50,476.45 EXECUTION BY TWPT SEC FEE 1,69 ee NEW To: OE uso stn a ann NEW FROM: TOL USD *JAL* "BEA SYSTEMS INC BEAS 3°800 14:87636 146,723.94" EXECUTION BY RSSF “FOX ENTERTAINMENT GAGUP INC FOX 2,000 33°980760 46,096:40" CLA EXECUTION BY BUCK COMMISSION 120,00 PEREGRINE SYSTEMSING PAGN 3,300 1719000 56,742.00 ~ EXECUTION BY DBAB EXECUTION BY GSCO BOUGHT * TERISIGN INC EXECUTION BY SBSH VERITAS SOFTWARE CORP EXECUTION BY FBCO THTSI04 30.40050 5917645 Tiigor" THT3I04 ay oo" VW 672. 3/01 ADELPHIA COMMUNICATIONS CORP ADLAC 1,160" 33'39706 75170 CLA EXECUTION BY MONT SOLD £1 DU PONT DE NEMOURS & CO is) 9) -900 42,9000 38,539.71 EXECUTION BY BUCK COMMISSION 54,00 SEC FEE 1,29 Tia 1 027 12101/01;12:62 001 v613 EFTA00198150

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 12 of 21 , STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/14/01 11/08/01 = SOLD ENZON INC ENZN -1,600 63.73400 101,956.00 EXECUTION BY COWN ad FEE 3. 40 EXECUTION BY COWN ERICAN EAGLE OUTFITTERS INC” NEW EXECUTION BY RSSF SEC FEE 1.18 “ADELPHIA COMMUNICATIONS CORP ““ADLAC “7,700 30:76800 22,839°03 CLA EXECUTION BY JPHO VS 1100 11-08-01 SEC FEE 77 TSO TTosoT BOUGHT BEA SYSTEMS ING” “ BEAS 1,600 15.63000 35,023.00" EXECUTION BY COWN CENDANT CORP fein) 3:300 13:30000 "136506 EXECUTION BY MLCO COMMISSION 231,00 FEDERATED DEPARTMENT STORES #D “600 3330260 19,929.89 INC-DEL EXECUTION BY BUCK COMMISSION 36.00 SEC FEE 67 PEREGRINE SYSTEMSING BAGN 1/300 1664750 21,656.75 EXECUTION BY SBSH ROVAL CARIBBEAN CRUISES Lid RCL 7,400 17748900 8555760" SEE NOTE "S* ON BACK EXECUTION BY JPHO COMMISSION 518 £00 “VERITAS SOFTWARE CORP VATS 600 35.08000 ‘21 063.00° EXECUTION BY COWN B01 BOUGHT VERITAS SOFTWARE CORP Vas 650 34°86000 32'674.00~ EXECUTION BY COWN AS OF 11/12/01 “7,200 "3936500 35, 707-82 THis TisoT" Tso THisiot" Tiisi6T TF 027 12101/01;12:62 001 v813 EFTA00198151

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 13 of 21 , STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/16/01 11/13/01 = BOUGHT AOL TIME WARNER INC AOL 4,950 37.67000 186,828.00 EXECUTION BY COWN COMMISSION 346,50 EXECUTION BY MDLD COMMISSION 115,50 EXECUTION BY BUCK COMMISSION 215,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 117,00 TIO TTA SOT BOUGHT EDISON INTERNATIONAL ™ EX 3:450 {5.01530 36,973.93" EXECUTION BY MSCO COMMISSION 171,50 THOT TSO BOUGHT EXPEDITORS INTERNATIONAL OF EXPD 2,100 $1-35050 {07 /974-05" WASHINGTON INC EXECUTION BY INET COMMISSION 63,00 Teo TTT BOUGHT FOX ENTERTAINMENT GROUP inc” FOX 2'800 2356300 66,187.40 iL EXECUTION BY MSCO COMMISSION 196,00 11/16/01 11/13/01 BOUGHT FMC CORP NEW FMC 1,300 $1-44850 66,976.05 SEE NOTE "S" ON BACK EXECUTION BY BUCK COMMISSION 78,00 11/16/01 11/13/01 BOUGHT HARRAHS ENTERTAINMENT INC HET 1,600 32°42496 52,006.84 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO COMMISSION 112,00 35.88650 7071068" 027 12101/01;12:62 001 v813 EFTA00198152

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 14 of 21 , STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 11/16/01 11/13/01 = SOLD HEALTH MANAGEMENT ASSOCIATES HMA -3,250 19.90870 64,458.62 INC NEW-CL A SEE NOTE *S* ON BACK EXECUTION BY MLCO COMMISSION 227,50 SEC FEE 2.16 TIO TTA SOT BOUGHT MG MIRAGE iY Tere 1350 3441876 a7 76737" EXECUTION BY OPCO COMMISSION 136,50 TET TTTSOT BOUEHT MANDALAY RESORT GROwE" MG 1,350 30:77386 40,543:47 EXECUTION BY OPCO COMMISSION 136,50 TET TTT BOUGHT “NAUTICN ENTERPRISES INE" NAUT 2,600 12°98500 33:77600" EXECUTION BY RSSF EXECUTION BY SBSH COMMISSION 70,00 TIO TTA SOT BOUGHT PEREGRINE ‘SYSTEMSING PAGN 1,300 {6.60750 2083475" EXECUTION BY SBSH ‘AL CARIBBEAN CRUISES LTD RCL 4,950 12.50590 62,265.71 SEE NOTE "S" ON BACK EXECUTION BY JPHO COMMISSION 346,50 TOMMY HILFIGER COAP-GAB Toi 2760 12.60236 3660562" EXECUTION BY BUCK COMMISSION 126,00 USA NETWORKS INC : USAi 2:300 30.62706 $8,093.30" EXECUTION BY JPHO JON PHARMACEUTICALS INC ‘WPI -2,300 34.81210 EXECUTION BY INET COMMISSION 46,00 SEC FEE 2.67 TIO TTA SOT BOUGHT YORK INTERNATIONAL CORP NEW YRK 800 34°88200 37'968'60~ EXECUTION BY BUCK COMMISSION 48,00 Tet F TIT Teor" 027 12101/01;12:62 001 v813 EFTA00198153

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 15 ofa STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/19/01 11/14/01 = BOUGHT AMERICAN STANDARD COMPANIES ASD 2,700 63.15990 170,735.73 EXECUTION BY RSSF COMMISSION 189,00 TST TTTSOT BOOEHT YORK INTERNATIONAL CORP NEW EXECUTION BY RSSF COMMISSION 164,50 THOT TST SOB AMERICAN EAGIE OUTFITTERS INC AES” “1506 3005756 NEW EXECUTION BY RSSF SEC FEE 1 51 11/20/01 11/15/01 BOUGHT CSX CORP cSK 2,000 36.41000 72,975.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO COMMISSION 140,00 11/20/01 11/15/01 SOLD KOHLS CORP KSS -1,100 66.86820 EXECUTION BY BUCK COMMISSION 66,00 SEC FEE 2,46 THBGIGT TTT BOUGHT “SABRE HOLDINGS CORP CR” 786 3:250 30:42006 89;07'50" EXECUTION BY TWPT COMMISSION 227,50 11/20/01 = 11/15/01 BOUGHT TEXTRON INC TXT 4,400 38.59000 170,075.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 264,00 35.23100 8297235" ‘45,069.74 FF 477S6 NEW EXECUTION BY JPHO SEC FEE 9.38 EL PHTA COMMUNICATIONS CLA EXECUTION BY SBSH 027 12101/01;12:62 001 v813 EFTA00198154

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10179 as Le INSTITUTIONAL INTERESTS 16 2) STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 11/21/01 11/16/01 BOUGHT FMC CORP NEW FMC 600 0.80770 30,535.62 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 36,00 AS OF 11/16/01 sone penenneneeneene ces nanan ane icraennee Se Sx Pe | SSF) EXECUTION BY BUCK COMMISSION SEC FEE THETOT TT SOT BOUGHT IMC GLOBAL INC igi 5,500 1087756 6573635" SEE NOTE ‘S" ON BACK EXECUTION BY BUCK COMMISSION 354,00 11/21/01 IMPERIAL CHEMICAL INDS PLC Ici -1,600 22.80550 ADR NEW EXECUTION BY BUCK COMMISSION 96,00 SEC FEE 22 EXECUTION BY BUCK COMMISSION 42,00 SEC FEE 52 CLA EXECUTION BY CEUT SEC FEE EXECUTION BY TWPT COMMISSION 112,00 Y AUTOMOTVE INES EXECUTION 8Y BUCK COMMISSION 84,00 SEC FEE a9 027 12101/01;12:62 001 v813 EFTA00198155

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS V7 of , STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/26/01 11/20/01 + =SOLD ee EAGLE OUTFITTERS INC AEOS -1,000 26.69170 26,675.81 NEW EXECUTION BY JPHO SEC FEE 89 THREIOT TTB0OT BOUGHT ADELPHIA COMMUNICATIONS CORF ABLAC 4,600 33°63800 {oa T4530" EXECUTION BY SBSH ICAN STANDARD COMPANIES ASD 1,400 6297006 88377700 INC-DEL EXECUTION BY SIMM COMMISSION 98,00 “ROVE CARIBBEAN CRUISES Li REL -3,700 1783986 65,916.05 SEE NOTE *S* ON BACK EXECUTION BY INET COMMISSION 74,00 SEC FEE 2.21 “SABRE HOLDINGS COAP CIR” 786 1,600 34°52016 5535916" EXECUTION BY TWPT COMMISSION 112,00 11/26/01 1 11/26/01 1 T38i0T" 11/26/01 11/20/01 SOLD TARGET CORP TGT -1,300 36.9983 ‘48,003.18 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 78,00 SEC FEE 61 EXECUTION BY INET COMMISSION 30,00 TiB6IOT T2001 BOUGHT YORK INTERNATIONAL” CORP NEW YRK 2,500 3.30280 88,447:00" EXECUTION BY SIMM COMMISSION 175,00 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 42,00 SEC FEE 86 7 BS 47572 027 12101/01;12:62 001 v813 EFTA00198156

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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 18 of 2) , STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT October 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 11/29/01 11/26/01 SOLD ee EAGLE OUTFITTERS INC AEOS -900 26.35000 23,699.20 NEW EXECUTION BY JPHO SEC FEE 80 TOOT TTETOT BOUGHT ADELPHIA COMMUNICATIONS CORF ABLAC 5,600 33'38200 130,394'30"" EXECUTION BY SBSH 11/27/01 BOUGHT VISHAY INTERTECHNOLOGY INC VSH 4,900 19.05670 93,735.83 SEE NOTE "S* ON BACK EXECUTION BY FBCO COMMISSION 343,00 TOTAL $-4.060,735.20 $2.161,234.64 11/30/01 MONEY FUND ACTIVITY DATE MOUDAY TRANSACTION DESCAIPTION SYMBOUCUSIF QUANTITY PRICE CESIT AMOUNT (CREDIT AMOUNT 10/27/01 OPENINGBALANCE 6.670,115.04 TozioT BOUGHT THE TREASURERS” FUND INC GiOKK 300/600" T6060 DOMESTIC PRIME M/M PORTFOLIO IERS FUND DOMESTIC PRIME WWM PORTFOLIO THOTT JOURNAL THE TREASURERS” FUND INC DOMESTIC 4 FOLIO FROM: TDU USD * JAL* THOTT JOURNAL " THE TREASURERS FUNDING” oro. Gib “5584.32 TO = sD TTosieT Sais THE TREASURERS FUND INC GID "760/000 °°" 770000" 766;666°06 DOMESTIC PRIME ‘eh PORTFOLIO 027 12101/01;12:62 001 v613 EFTA00198157

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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 19 of21 STATEMENT PERIOD October 27,2001 THROUGH November 30,2001 Transaction Detail (continued) sccout xumccr | rwraver maccn MONEY FUND ACTIVITY (continued) LAST STATEMENT October 26, 2001 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 11/14/01 SOLD AHR EE RASHAEBS AYNQING 0 GTDXX -1,000,000 1.0000 1,000,000.00 DOMESTIC PRIME WM PORTFOLIO Tet SOT Bede RE BN 0 GION -200,000 1.0000 200,000:00 T2170 060 i) 150,000.00 DEND URERS FUND DOMESTIC PRIME MIM PORTFOLIO MONTHLY DIVIDEND 6.19 DOMESTIC PRIME WM PORTFOLIO MONTHLY DIVIDEND ponesnig PRIME MUM PORTFOLIO MONTHLY DIVIDEND REINVESTED bonesnig AINE MM SBA rOu lO MONTHLY DIVIDEND REINVESTED Donesnig PRIME na Poca 10 6/90 43109 q 10 FROM: TDU ‘USD * JRL * 4210.90 6:36 BNAL ‘dere SEES HIBANG, 10 To: TOU-uso * JAL* THE TREASURERS FUND ING” GTBKK “200,000 °°" T0000 266,600:60 DOMESTIC PRIME MIM PORTFOLIO 11/30/01 CLOSINGBALANCE 4.880,302.13 TOTAL $-560,187.09 $2,360,187.09 027 12101/01;12:52 001 vS13 EFTA00198158

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 20 of 21 Transaction Detail (continued) DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH account sumccr Twpaver nuvecr October 26,2001 Novernber 30, 2001 LAST STATEMENT CREDIT AMOUNT MILLENNIUM CHEMICALS INC MCH 10/30/01 10,400 1,404.00 ADJUST 09/28/01 DIVIDEND 10% FOREIGN TAX APPLIED FORGOT ALL ERIRTORA OPERA ee AI mmm mennennnennnnes es anennennennne seen, ADJUST 09/28/01 DIVIDEND WH 10% FOREIGN TAX APPLIED FOREIGN TAX WITHHELD 156.00 THOTT CS INTERNATIONAL TD We 63007" O0i35 7875 REC 10/01/01 PAY 11/01 11/15/01 NOVACHEMICALS CORP NCX 8600 0.0627 539.89 REC 10/31/01 PAY 11/15/01 WH 80.98 FOREIGN TAX WITHHELD TOTAL $-1,640.98 $2,178.64 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CAEDIT AMOUNT 11/21/01 _INTCR NOVO1 1,679.50 TOTAL $1,679.50 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL 10/01 CLA CHG JOUaNAL FROM: 70. i 0Sb {893.28 slim tS ee a are 027 12/01/01 ;12:62 001 v613 EFTA00198159

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS _—€€ 10179 21 ofa INSTITUTIONAL INTERESTS STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 Transaction Detail (continued) sccout xumccr | TAXPAYER NUMBER Fs MISCELLANEOUS (continued) LAST STATEMENT October 26, 2001 OATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL FROM: TOL -USD 35,101.82 JRL * 762760] isi 3570782 TOTAL $-38,709.60 $38,674.60 JOURNAL JOURNAL 167950 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT CREDIT AMOUNT 12/03/01 11/28/01 SOLD AMERICAN EAGLE OUTFITTERS INC AEOS -445.00 25.0325 11,124.08 {2i04i01 14/29/01 {204/01 ‘AOL TIME WARNER ING 500.00 34.6250 NCDATA CORP NMCDTA "2200.00 25.0090 CLA {205/01 11/30/01 SOLD AMERICAN EAGLE OUTFITTERS INC ‘AEOS "1205.00 24.8019 39,870.41 NEW 12/05/01 11/30/01 __ BOUGHT KOHLS CORP KSS 600.00 67.6334 40,631.04 TOTAL $40,631.04 $182,301.06 The above trades co not appear in any other section of this statement 027 12101/01;12:62 001 vS13 EFTA00198160

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 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 What’s In This Statement Financial Summary , 3 Your Portfolio Holdings . . 4 Transaction Detail .....sscssseeseeeseens 7 Fund Activity vssensees » 24 Trades Not Yet Settled 26 Your Messages 27 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 8,705,660 NET CREDIT BALANCE 970,629 MONEY MARKET FUND BALANCE 6,670,115 NET EQUITY LAST STATEMENT 15,514,223 CHANGE SINCE LAST STATEMENT 832,180 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Bear, Stearns Securities Corp. STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 account numccr = || PP | ery en eee Taxpayer nuvecr [RD INSTITUTI LINTERESTS LAST STATEMENT September 28, 2001 C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN Market Value of Your Portfolio 640,744 $8,705,660 $7,185,655 Equities | | Current market value ERB] Last statements market value This summary is for informational purposes only. It Is not intended as a tax document This statement should be retamed for your records. See reverse side for important information o27 10/27/01;10:29 001 vso2 EFTA00198161

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2 of a7 STATEMENT BACKER IS PRINTED ON THIS PAGE 1027101 ;10:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198162

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BEAR STEARNS 3 of a7 Cash Flow Analysis Openi: Securities Sold Money Fund Dividends/Interest Miscellaneous Balance Amount Cr Securities Bought Money Fund Funds Withdrawn Dividends/Interest Charged Miscellaneous OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERIOD $972,540.47 3,711,346.42 2,114,086.91 2,471.93 4,798.31 396,024.94 -1,414,086.91 19,414.77 44.15 -5.044.31 Net Cash Activity Closing Balance Cash Balance Summary OPENING Cash 967,984.16 Margin 4,556.31 Net Cash Balance $972,540.47 -1,911.51 $970,628.96 $970,628.96 Income Summary THiS PERIOD YEAR TO DATE Dividends 14,621.41 129,167.93 Substitute Payment 0.00 630.00 Credit Balance Int. 1,937.43 50,277.97 Total $16,558.84 Short Dividends 0.00 Foreign Tax Withheld 0.00 Margin Int. Paid -44.15 Portfolio Composition Cash/Cash Equivalent 7,640,744 Equities 8,705,660 Total $16,346,404 027 1027/01 ;10:29 001 Cash & Equivalent 47% CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 October 26,2001 account sumccr rwraver maccn September 28, 2001 THROUGH LAST STATEMENT Your Portfolio Allocation Equities 53% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vso2 EFTA00198163

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 ofa Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%} CASH BALANCE 970,629 THE TREASURERS FUND INC GIDKX 6.664,530.72 {10000 "61664-5371 446,620 2.2000 DOMESTIC PRIME M/M PORTFOLIO THE TREASURERS FUND INC GTDXX 5,584.32 1.0000 5,584 123° 2.2027 DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $7,640,744 $146,743 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOL/CUSIP TYPE QUANTITY PRE VALUE ANNUAL INCOME YELD [%) ACTY INC lATV CASH 22,300 1.7000 37,910 APPLIED MICRO CIRCUITS CORP AMCC CASH 3,400 12.9700 44,098 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 16,850 27.6600 466,071 NEW ADELPHIA COMMUNICATIONS CORP ADLAC CASH 11,954 24.3100 290,602 CROWN CASTLE INTL CORP ccl CASH 6,550 12.1500 79,583 COSTCO WHOLESALE CORP-NEW COST CASH 1,300 40.5200 52.676 CABOT MICROELECTRONICS CORP ccmMP CASH 550 69.0500 37,978 027 10/27/01;10:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH ACCOUNT NUMBER October 26,2001 rwraver maccn LAST STATEMENT vso2 September 28, 2001 EFTA00198164

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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 27 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) CARNIVAL CORP-CL A CCL CASH 21.1400 1,701 ‘COX COMMUNICATIONS INC NEW COX GASH ; 39.5700 ET DUPONT DE NEMOURS & CO bo CASH EDISON INTERNATIONAL Ex CASH 8.100 15.0100 421.581 ENZON INC ENZN CASH 2,950 65.8100 194,140 21.4000 81.320 FOX ENTERTAINMENT GROUP ING FOX CLA FEDEX CORP FDX CASH 2,100 39.4800 82.908 FEDERATED DEPARTMENT STORES FD CASH 3,400 32.6800 111,112 INC-DEL HCA INC HCA CASH 10,000 40.0000 400,000 800 0.2000 (FRM HCA-HEALTHCARE COMPANY) HEALTH MANAGEMENT ASSOCIATES HMA CASH 12,950 19.5500 253,173 INC NEW-CL A 027 1027/01 ;10:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH ACCOUNT NUMBER October 26,2001 rwraver maccn LAST STATEMENT vso2 September 28, 2001 EFTA00198165

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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 ar Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) MCDATA CORP MCOTA CASH 5,450 14.4000 78,480 c POLO RALPH LAUREN CORP-CL A AL GASH OMNICARE INC OCR CASH REMEC INC REMC 135,700 155,903 $2,053 13.5200 164.944 244 0.1479 50.5000 570,650 565 SONIC AUTOMOTIVE INC-CLA™ SAH SPECTRASITE HOLDINGS INC SITE SYMBOL TECHNOLOGIES INC SBL TYCO INTERNATIONAL LTD TY TRANSWITGH CORP TKCC CASH TOMMY HILFIGER CORP-ORD TOM USA NETWORKS INC USAL UNITED RETAIL GROUP INC URGI CASH UNIVERSAL HEALTH SERVICES INC UHS cLB VITRIA TECHNOLOGY ING Vite CASH 28,350 3.3600 95,256 com VENATOR GROUP INC 17.2600 267.988 68.760 99.365 433,650 41.3000 6.850 15.7500 {07.888 027 10/27/01;10:29 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH ACCOUNT NUMBER October 26,2001 rwraver maccn LAST STATEMENT vso2 September 28, 2001 EFTA00198166

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 7 oer Your Portfolio Holdings (continued) Equities & Options (continued) ACCT DESCRIPTION SYMBOUCUSIP TYRE QUANTITY VITESSE SEMICONDUCTOR CORP VISS CASH VIACOM ING-CLB ViAB CASH WATSON PHARMACEUTICALS INC WP CASH 1,500 PRICE 10.6800 36.9000 50.2500 ESTIMATED ANNUAL INCOME CURRENT YELD ('} 75,375 YORK INTERNATIONAL CORP NEW YRK CASH 1,600 31.6600 50,656 960 1.8951 Total Equities& Options $8,705,660 $25,532 TOTAL EQUITIES $8,705,660 $25,532 YOUR TOTAL ESTIMATED ANNUAL INCOME $172,275 YOUR PRICED PORTFOLIOHOLDINGS $16,346,403 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE 10/01/01 09/26/01 BOUGHT ALPHARMA ING-CL A ALO 4,400 26.72370 EXECUTION BY MSCO COMMISSION 308,00 SEE NOTE "S* ON BACK EXECUTION BY MSCO COMMISSION SEC FEE 027 1027101 ;10:29 001 6758796 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 October 26,2001 accoust numccr Taxpayer nuwecr September 28, 2001 THROUGH LAST STATEMENT DEBIT AMOUNT 117,907.28 vso2 EFTA00198167 CREDIT AMOUNT

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 8 of a7 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/02/01 09/27/01 BOUGHT BJ SERVICES CO BIS 1,900 15.90650 30,370.35 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JRCO COMMISSION 133,00 EXECUTION BY JRCO COMMISSION 91,00 TOOZIOT" “OSIS7OT BOUGHT DIAMOND OFFSHORE BAILLING INC ite) 1,300 33'54500 4488350" EXECUTION BY JRCO COMMISSION 133,00 10/02/01 09/27/01 SOLD ORION POWER HOLDINGS INC ORN -5,600 25.05000 EXECUTION BY LEHM COMMISSION 392,00 SEC FEE 4.68 10/02/01 09/27/01 BOUGHT SMITH INTERNATIONAL INC Sil 1,300 34.44220 44,880.86 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S* ON BACK EXECUTION BY JRCO COMMISSION 91 3070500 4002250" 73986832 00 NEW EXECUTION BY JRCO COMMISSION 133,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JRCO COMMISSION 133,00 EXECUTION BY JRCO COMMISSION 91,00 SEC FEE 1,42 027 10/27/01;10:29 001 vez EFTA00198168

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 9 of 27 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/03/01 09/28/01 SOLD DIAMOND OFFSHORE DAILLING INC [ale) -1,900 25.21610 47,760.99 EXECUTION BY JRCO COMMISSION 133,00 SEC FEE 1,60 (03/01 09/28/01 SOLD ORION POWER HOLDINGS INC ORN -5,600 25.50000 142,388.24 EXECUTION BY DAIN COMMISSION SEC FEE (03/01 09/28/01 SOLD SMITH INTERNATIONAL INC Sil -1,300 36.46730 47,299.90 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S' ON BACK EXECUTION BY JRCO COMMISSION 91,00 SEC FEE 59 NEW EXECUTION BY JRCO COMMISSION 133,00 CLA EXECUTION BY JPHO VS 2400 03-16-00 SEC FEE 1,62 £1 DU PONT DE NEI EXECUTION BY MLCO COMMISSION 266,00 TOMMY HILFIGER CORP EXECUTION BY RHCO 140,608.1 Secs 10/05/01 = 10/0: EXECUTION BY COWN EXECUTION BY SBSH 027 10/27/01;10:29 001 vez EFTA00198169

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 10 of 2? STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/09/01 10/03/01 BOUGHT CENDANT CORP [a 6,500 13.01000 85,035.00 EXECUTION BY RHCO COMMISSION 455,00 EXECUTION BY FBCO EXECUTION BY COWN EXECUTION BY MSCO COMMISSION 21,00 SEE NOTE "S’ ON BACK EXECUTION BY FCAP COMMISSION 308,00 FOX ENTERTAINMENT GAOUP ING FOX 3,800 30:47286 77 8456F" CLA EXECUTION BY GSCO COMMISSION 266,00 FEDEX CORP FBX 2760 3741216 8 737.4T" EXECUTION BY TWPT COMMISSION 147,00 ATED DESARTIE! INC-DEL EXECUTION BY DBAB COMMISSION 182,00 TRONICS INTERNATIONAL FLEX 3.250 18.94600 61,589.50 LTD EXECUTION BY FBCO tn smn smn nnn mmm nnn nnn wanna EXECUTION BY COWN INC SEE NOTE "S’ ON BACK EXECUTION BY JPHO COMMISSION 528,00 60 11,490.71 4406 {oso F {oso F ORES #5 2,600 7933008" 027 10/27/01;10:29 001 vso2 EFTA00198170

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS V1 oof er STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) ween Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 10/09/01 10/03/01 BOUGHT INTEGRATED DEVICE TECHNOLOGY IoT 3,300 20.14000 66,477.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY SLKC TOOSIOT “TOOT BOUGHT JUNIPER NETWORKS NBA 7,400 13-46336 92,343:43" EXECUTION BY SBSH SEE NOTE "S* ON BACK EXECUTION BY LEHM COMMISSION 231,00 “BOUGHT Liz CCAIBGANE INE EXECUTION BY BUCK COMMISSION 120,00 “SONIC AUTOMOTIVE INC-CE A we" 5.850 1334226 78476357" EXECUTION BY RSSF COMMISSION 409,50 SYMBOL TECHNOLOGIES NC" Se 2:300 17375960 35,195 98 EXECUTION BY RYAN COMMISSION 154,00 00 tts aeunnaeseneenenaeneny (1 teen Pet ike S00 ceueenenenennenenenen treaeuegnaroenronee mn aeeaeaaer Yan 1-1” a are Oo AS OF 10/03/01 (SOFTWARE INC TiBx 2.500 EXECUTION BY GSCO IN’ MENTS INC SEE NOTE "S* ON BACK EXECUTION BY MSCO COMMISSION 98,00 TOMMY HILFIGER” COAP EXECUTION BY BUCK COMMISSION 250,00 VITESSE SEMICONDUCT! TI Y Fi 3,000 39.09286 78/320:60"" {oesior"" {oesior" {oiosior"™ {orosior "16 18,340.00" 679. RP 027 10/27/01;10:29 001 vez EFTA00198171

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 12 of 2 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/09/01 10/03/01 BOUGHT VIACOM INC-CL B VIAB 2,200 34.76700 76,656.40 EXECUTION BY GSCO COMMISSION 154,00 NEW EXECUTION BY RSSF SEC FEE 1,26 AS OF 10/04/01 BOUGHT CROWN CASTLE INIT CORP” 9.65850 95247730" wre SSE BSE SRS BB BA rns nnn umn EXECUTION BY RSSF AS OF 10/04/01 ELECTRIC LIGHTWAVE INC-CL A ELIX -7,700 0.33740 2,428.89 EXECUTION BY REDI VS 7500 12-30-98, 200 12-31-98 COMMISSION 154,00 SEC FEE .09 AS OF 10/04/01 INTERNET SEC SYS INC ISSX -2,450 16.15450 EXECUTION BY COWN SEC FEE 1,32 AS OF 10/04/01 MCDATA CORP MCDTA -3,400 12.49150 42,454.68 CLA EXECUTION BY CEUT VS 200 07-19-01, 600 06-21-01, 1600 06-27-01, 1000 06-29-01 SEC FEE 1,42 AS OF 10/04/01 TOOT “TaOT BOUGHT PACIFIC” SUNWEAR OF CALIFGANIA INC EXECUTION BY RSSF AS OF 10/04/01 Tier {oioior™ 39,562.34 Tare Troe 1347500 7551750" 027 10/27/01;10:29 001 vez EFTA00198172

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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 13 of a? INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/10/01 10/04/01 BOUGHT SYMBOL TECHNOLOGIES INC SBL 1,100 11.68350 12,943.85 EXECUTION BY RYAN COMMISSION 77,00 AS OF 10/04/01 TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK COMMISSION 75,00 AS OF 10/04/01 USA NETWORKS INC EXECUTION BY TWPT AS OF 10/03/01 AMERICAN EAGIE OUTFITTERS INC AES” 2606 33°67200 NEW EXECUTION BY JPHO SEC FEE Tort tior Woresio7 SOL AGERE SYSINC AGRA “7700 5.20000 8,722.70 CLA EXECUTION BY COWN COMMISSION SEC FEE 10/11/01 10/05/01 BOUGHT CROWN CASTLE INTL CORP ccl 1,600 9.39230 15,138.68 EXECUTION BY LEHM COMMISSION 96,00 10/11/01 10/05/01 SOLD ELECTRIC LIGHTWAVE INC-CL A ELIX -3,300 0.37670 1,162.06 EXECUTION BY REDI VS 3300 12-31-98 COMMISSION 66,00 SEC FEE 05 $'69396 14,630:85 TO TOIOT TTIGAIOF 18.60100 70,578.66 wre wre 6753014 INC-DEL EXECUTION BY GSCO COMMISSION 77,00 09 SEC FEE 027 10/27/01;10:29 001 vez EFTA00198173

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 14 of er STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 10/11/01 = 10/05/01 BOUGHT IMC GLOBAL INC IGL 7,900 9.56400 76,044.60 SEE NOTE *S* ON BACK EXECUTION BY JPHO COMMISSION 474,00 TOTTOT TOOSOT BOUGHT JONES ABBAREL GROUP NC” NY 3,760 35.62966 7s 6as76~ EXECUTION BY LEHM COMMISSION 217,00 10/11/01 10/08/01 SOLD JONES APPAREL GROUP INC JNY -600 35'53250 15,261.98 EXECUTION BY JRCO COMMISSION SEC FEE TOTTOT TOOSOT BOUGHT “BACIFIC SUNWEAR GF CALIFOANIA “BSN 800 13.52600 10,837:00 INC EXECUTION BY RSSF EXECUTION BY BUCK COMMISSION 180,00 TOTTOT TOMS OT BOUGHT VENATOA GROUP iNC™” ™ Zz 4,300 14:37500 64:708'50" EXECUTION BY VKCO COMMISSION 301,00 10/12/01 10/09/01 SOLD PLIES MICAS CIRCUITS CORE AMCC -1,650 $:60000 14,834.50 EXEOUTION BY MONT VS 850 04-18-01, 800 07-17-01 SEC FEE {oriZi01"” “Taiesio1 BOUGHT ET DUPONT DE NEMOURS & CO oD 1,400 37.95000 53,229.00 EXECUTION BY BUCK COMMISSION 84,00 TORT TSISOTT SOLS “4,400 1291816 $6,519.14 SEE NOTE "S* ON BACK EXECUTION BY MSCO COMMISSION 308,00 ae FEE 1 190 te EXECUTION BY COWN SEC FEE 1 OF 027 10/27/01;10:29 001 vez EFTA00198174

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 15 of er STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/12/01 10/09/01 SOLD INTEGRATED DEVICE TECHNOLOGY IoT -1,650 23.33500 38,486.46 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY CEUT SEC FEE 1,29 EXECUTION BY COWN SEC FEE TTT ThiesOT SOLS TABIC CIRCUIT INE = Wa “T7650 73:50000 32,043.42 SEE NOTE "S’ ON BACK EXECUTION BY COWN COMMISSION 115,50 SEC FEE 08 10/12/01 10/09/01 SOLD JONES APPAREL GROUP INC JNY -1,200 24.95050 29,852.60 EXECUTION BY BUCK COMMISSION SEC FEE TOOT TOOSOT SOLE MCBATA CORP hcoTA “3500 12: 76500 CLA EXECUTION BY CEUT SEC FEE 3789643 CLA EXECUTION BY SBSH SEC FEE CLA EXECUTION BY UBSW SEC FEE ora EXECUTION BY GSCO COMMISSION "MEBAYA'CS CLA EXECUTION BY CEUT SEC FEE 027 10/27/01;10:29 001 vso2 EFTA00198175

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 16 of 27 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 10/15/01 10/10/01 SOLD POLO RALPH LAUREN CORP-CL A RL -1,400 22.02000 30,727.97 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 84,00 SEC FEE 1,03 INC EXECUTION BY RSSF SEC FEE 1,71 TOTSIOT TOOT BOUEHT SONIC AUTOMOTIVE NCCE Sai 2,600 1636146 42,736.64 EXECUTION BY RSSF COMMISSION 182,00 10/15/01 10/10/01 BOUGHT TRW INC TAW 2,000 33.67030 67,495.60 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MDLD COMMISSION 140,00 10/16/01 10/11/01 SOLD ANALOG DEVICES INC ADI -3,400 42.30720 143,586.68 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DRKW COMMISSION 238,00 EXECUTION BY INET COMMISSION 48,00 EXECUTION BY INET COMMISSION 54,00 INC-DEL EXECUTION BY BUCK COMMISSION 66.00 027 10/27/01;10:29 001 vez EFTA00198176

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securlties Co: r Bear, Stearns & Co. Inc. One Metotech Center Nort BEAR nf ereinp one ee ala STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS V7 oe STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) ween Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/16/01 10/11/01 SOLD FLEXTRONICS INTERNATIONAL FLEX -1,600 22.55000 36,063.79 v EXECUTION BY COWN SEC FEE 1,21 SEE NOTE "S’ ON BACK EXECUTION BY JPHO COMMISSION 30,00 10/16/01 10/11/01 BOUGHT IMPERIAL CHEMICAL INDS PLC ADR NEW EXECUTION BY UBSW COMMISSION 287,00 10/16/01 10/11/01 SOLD INTEGRATED DEVICE TECHNOLOGY IDTl -1,650 26.45000 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO SEC FEE 1,46 10/16/01 10/11/01 SOLD JUNIPER NETWORKS JNPR -2,500 18.47430 46,094.21 EXECUTION BY INET COMMISSION 75,00 SEC FEE 1,54 $'50000 4,795.00" TOTEIG4 10/11 18.6606 8189260" 43,626.04 SEE NOTE "S* ON BACK EXECUTION BY DAIN COMMISSION 115,50 SEC FEE EXECUTION BY BUCK COMMISSION 78,00 SEC FEE 1 EXECUTION BY JEFF COMMISSION 245,00 Fi 027 10/27/01;10:29 001 vez EFTA00198177

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 18 of 27 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/16/01 10/11/01 =BOUGHT eae MEDIA CORP LMCA 4,400 12.70000 56,203.00 ANEW EXECUTION BY SIMM COMMISSION 308,00 MCBATA CORP McoTA “3,400 14.60256 ore 47,587 31 CLA EXECUTION BY CEUT SEC FEE 1,59 NORFOLK SOUTHERN CORP EXECUTION BY FBCO COMMISSION 231,00 10/16/01 10/11/01 BOUGHT TAW INC TRW 850 33.99710 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MDLD COMMISSION 59,50 17-1939 5698587" TOTBIGI 2897205" 39°64120 6240853" 10/16/01 EXECUTION BY MSCO COMMISSION 147,00 10/16/01 10/11/01 SOLD TEXAS INSTRUMENTS INC TXN -5,500 30.74820 SEE NOTE "S* ON BACK EXECUTION BY DRKW COMMISSION 385,00 SEC FEE 5.64 68,709-46 CLA EXECUTION BY REDI COMMISSION 156,00 SEC FEE ENRTOR "GROUPING EXECUTION BY LEHM COMMISSION 178,50 AYSON ACEUTIC! 33 027 10/27/01;10:29 001 vso2 EFTA00198178

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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 New York, New York 10179 | | INSTITUTIONAL INTERESTS 19 of 27 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 10/17/01 10/12/01 SOLD AGERE SYS INC AGRA -3,950 5.02150 19,582.26 LA EXECUTION BY COWN COMMISSION SEC FEE OTH THAT SOL CIENK CORP EXECUTION BY INET COMMISSION SEC FEE TOTFOT TORT SOLS CiENA CORE CiEN “3,400 1652446 EXECUTION BY SBSH SEC FEE ROWN CASTLE INTL CORB™ sev genenennenennenesnpuapienennnnss canna irre tamennennnsnnsssennennennennens omen, 56,166.08 17-76666 wit nm een enn smn nnn nnn nnn nn EXECUTION BY RSSF SEC FEE 1,02 CISCO SYSTEMS INC csco -3,200 16.74310 53,465.13 EXECUTION BY INET COMMISSION 96,00 SEC FEE 1,79 £1 DUPONT DE NEMOURS & CO oD -1,700 40.83790 69,288.11 EXECUTION BY DBAB COMMISSION 119,00 SEC FEE 2,32 FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY GSCO COMMISSION 98,00 SEC FEE 1,41 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY SBSH COMMISSION SEC FEE wit" Tori7er ann uM 10/17/01 30.09550 42,019.29 {oi7ier 027 10/27/01;10:29 001 vez EFTA00198179

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STEARNS 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 New York, New York 10179 a INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | INVESTMENT ACTIVITY (continued) rwraver maccn LAST STATEMENT September 28, 2001 DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT_ AMOUNT K MART CORP KM -3,600 7.34000 26,207.11 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT AS OF 10/12/01 PAGEIC SUNWEAR OF CALIFGANIA SUN “3,606 1368750 4704673 EXECUTION BY RHCO SEC FEE T1606 33°64700 32,578 61 EXECUTION BY GSCO COMMISSION SEC FEE “WATSON PHARMACEUTICALS” INC ‘WPI -2,750 $2.:71350 144,748.78 EXECUTION BY GKMC COMMISSION 192,50 SEC FEE 84 ALPHARMA INC-CL A ALO -9,900 3874946 STF 96177 EXECUTION BY COWN COMMISSION 693,00 SEC FEE '“GABOT MICROELECTRONICS "CORF SChE 766 56.42500 39,487 18 EXECUTION BY RSSF SEC FEE ETOUPONT DE NEMOURS CO" 0D -1,900 40-4076 76,623.88 EXECUTION BY RSSF COMMISSION SEC FEE ELECTRIC TIGHTWAVE INC-CL A” ELIX -5,000 0°33600 1,564.94 EXECUTION BY REDI COMMISSION 100,00 SEC FEE “S:800 733500 7127760 EXECUTION BY BUCK COMMISSION SEC FEE 027 10/27/01;10:29 001 vez EFTA00198180

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BEAR STEARNS 21 of 27 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 10/18/01 TRADE OATE 10/15/01 TRANSACTION SOLD TOTTI joisior"™ Tier SLB TOTEOT SOLS TOTSIG4 wiser" {orisior™ 10/22/01 {orzzio7"" “VOTOT BOUGHT DESCRIPTION POLO RALPH LAUREN CORP-CL A SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION SEC FEE TALBOTS INC EXECUTION BY BUCK COMMISSION SEC FEE CABOT MICROELECTRONICS EXECUTION BY RSSF SEC FEE EXECUTION BY REDI COMMISSION SEC FEE JUNIPER NETWORKS EXECUTION BY INET COMMISSION SEC FEE 1,69 NORFOLK SOUTHERN CORP 73,50 TALBOTS INC EXECUTION BY BUCK COMMISSION SEC FEE AGERE SYS INC CLA EXECUTION BY SBSH COMMISSION SEC FEE 30,00 cs) 612,00 1,82 “DMC STRATEX NETWOAKS INC EXECUTION BY NEED ELECTRIC TIGHTWAVE INC-CL & CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 October 26,2001 account sumccr rwraver maccn September 28, 2001 THROUGH LAST STATEMENT SYMBOLICUSIP RL QUANTITY -2,800 PRICE 21.71290 DEBIT AMOUNT GREDIT_ AMOUNT 60,611.09 srrvenenensanaamnenenenenenesssaennnnnnnanan scent 500 "66.93336 19, 910'98 6.33330 3062746 50,432.34 1,600 1651816 3654 15,022'94 “500 30.7369 5.32870 $3,723.92 “70,200 736676 4a 40" 027 10/27/01;10:29 001 vez EFTA00198181

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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 a" 10179 22 of 7 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) a ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — September 28, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 10/22/01 10/17/01 SOLD HARRIS CORP-DEL HRS -6,250 35.75010 222,978.18 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MONT COMMISSION SEC FEE TORT TO TIOT SOLS MCBATA CORP MCBTA “7,200 {4.17000 CLA EXECUTION BY CEUT SEC FEE TORBIOT TOTOT BOUGHT NORFOLK SOUTHERN CORP’ EXECUTION BY LEHM COMMISSION 91,00 10/22/01 10/17/01 BOUGHT TARGET CORP TGT 2,000 32.80000 65,755.00 SEE NOTE "S" ON BACK EXECUTION BY RSSF COMMISSION 140,00 TOBIOT TOT FOT BOUGHT UNIVERSAL HEALTH SERVICES INC iis 5,400 42°73076 33789878" cLB EXECUTION BY COWN COMMISSION 378,00 16,916-43 1658590 31.667:67" EXECUTION BY LEHM COMMISSION 112,00 59 SEC FEE CABLEVISION N¥ GROUP COM SEE NOTE "S’ ON BACK PROSPECTUS UNDER SEPARATE MAIL EXECUTION BY SBSH CABLEVISION N¥ GROUP COM SEE NOTE "S’ ON BACK PROSPECTUS UNDER SEPARATE MAIL EXECUTION BY INET COMMISSION 120,00 027 10/27/01;10:29 001 vez EFTA00198182

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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 23 of 27 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 account numccr = Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT September 28, 2001 Transaction Detail (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/23/01 10/18/01 BOUGHT FEDERATED DEPARTMENT STORES FD 1,500 29.91830 44,982.45 EXECUTION BY BUCK COMMISSION 90,00 TOOT TOTO BOOEHT MCBATA CORP McoTA 3:50 {2.476860 4a657i2" CLA EXECUTION BY CEUT 10/24/01 10/19/01 SOLD CUMMINS INC CUM -2,400 31.24390 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY LEHM COMMISSION 168,00 SEC FEE 2.50 £1 DUPONT DE NEMOURS & CO is}9) -1,000 39.96000 EXECUTION BY UBSW COMMISSION SEC FEE 10/24/01 10/19/01 BOUGHT FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY BUCK COMMISSION 74,799.86 Vea 39,873.66 3027546 BT 34978" EXECUTION BY RYAN COMMISSION 238,00 SEC FEE 2.41 CLA EXECUTION BY LEHM COMMISSION 112,00 AY SON PHRAMACED CATS EXECUTION 8Y OPCO COMMISSION 105,00 Wer EXECUTION BY MOKE COMMISSION 112,00 TOTAL $-4,.396.024.94 $3,711,346.42 027 10/27/01;10:29 001 vso2 EFTA00198183

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 24 of 27 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS DATE 10/15/01 TRANSACTION CHECK DESCRETION CK #MH696613 FEES FR 10/1/01-12/31/01 BUCKINGHAM CAPITAL DEBIT AMOUNT 19,414.77 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29, 2001 October 26,2001 accoust numccr Taxpayer nuwecr September 28, 2001 THROUGH LAST STATEMENT CREDIT AMOUNT TOTAL $-19,.414.77 MONEY FUND ACTIVITY DATE MO/DAY 09/29/01 TRANSACTION DESCAIPTION OPENINGBALANCE SYMBOUCUSIP joaioT SOLD E TREASURERS FUND INC DOMESTIC PRIME WWM PORTFOLIO SELL JOURNAL THe TREASURERS FUND ing DOMESTIC FROM: TDU iso * JAL* TREASURERS FUND INC DOMES’ 4 TO: TOU SD * JRL * {oi0ai07T GTO: E URERS FU DOMESTIC PRIME MM PORTFOLIO SELL DOMESTIC PRIME WM PORTFOLIO BUY DOMESTIC PRIME MUM BOAT FOLIO BUY DOMESTIC PRIME MM PORTFOLIO “BOUGHT {oisoT GION GTDXX ToszI07" QUANTITY 7,356,028.13 PRICE CEBIT AMOUNT CAEDIT AMOUNT "F000-006 (066,600.06 {6000 6636-07" 700:000°00"" 700:000°5 76000" "300,000" '360/600°06 027 10/27/01;10:29 001 vso2 EFTA00198184

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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 25 of 27 STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MONEY FUND ACTIVITY (continued) LAST STATEMENT September 28, 2001 OATE MODAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 10/23/01 DIVIDEND AHR EE RASHAEBS AYNQING 0 GTDXX 8,502.59 MONTHLY DIVIDEND “DIVIDEND THe TREASURERS FUNDING 3 GiDKK $584.32 MONTHLY DIVIDEND AEINVEST THE TREASURERS FUR tb} DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED DOMESTIC PRIME MUM PORTFOLIO MONTHLY DIVIDEND REINVESTED DOMESTIC PRIME MUM PORTFOLIO {ois3i07 584.32 ny 10/26/01 CLOSINGBALANCE 6.670,115.04 TOTAL $-1,414,086.91 $2,114,086.91 DIVIDENDS DATE DESCRIPTION SYMBOLCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 10/05/01 SYMBOL TECHNOLOGIES INC SBL 8,900 0.0100 89.00 REC 09/14/01 PAY 10/05/01 10/26/01 ALPHARMA INC-CLA ALO 9,900 0.0450 445.50 REC 10/12/01 PAY 10/26/01 TOTAL $534.50 027 10/27/01;10:29 001 vso2 EFTA00198185

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS — i 10179 26 of 27 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 29,2001 THROUGH October 26,2001 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INTEREST LAST STATEMENT — September 28, 2001 DESCRIPTION SYMBOLIGUSIP QUANTITY RATE [%} DEBIT AMOUNT CREDIT AMOUNT INT CR OCT 01 1,937.43 INT OB $-44.15 $1,937.43 MISCELLANEOUS DATE MaDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 10/05/01 JOURNAL 09/01 CLA CHG | 246.00 SGUANAL 634 | ae * JRL JOURNAL TO CLOSE LINE TOTAL $-5,044.31 $4,798.31 Trades Executed Pending Settlement SETTLEMENT — TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/29/01 10/24/01 BOUGHT HCA INC HCA 5,000.00 37.8098 189,414.00 (FRM HCA-HEALTHCARE COMPANY) BOUGHT NORFOLK SOUTHERN CORP NSC 1,600.00 17.0776 27,451.16 027 10/27/01;10:29 001 vso2 EFTA00198186

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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 27 oe STATEMENT PERIOD September 29, 2001 THROUGH October 26,2001 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT September 28, 2001 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT SOLD USA NETWORKS INC USAI -3,600.00 18.6707 67,197.27 ABOT MICROELECTRONICS CORP Gene "550.00 "66.7500" 36,696.27 To2s101 10/24 jorsoior” TOTAL $270,214.76 $104,546.01 The above trades do not appear in any other section of this statement Your messages ‘i We are pleased to announce that we have moved our world headquarters, previously located at 245 Park Avenue, to: 383 Madison Avenue New York, New York 10179 While our telephone numbers and e-mail addresses remain the same, some fax numbers have changed, Please check with your Account Executive, ****** End of Statement™***** 027 10/27/01;10:29 001 vsd2 EFTA00198187

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a What’s In This Statement Financial Summary , 3 Your Portfolio Holdings . . 4 Transaction Detail .....sscsssesseeesees 7 Fund Activity vssenseses » 16 Trades Not Yet Settled ., 18 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD 7,185,655 NET CREDIT BALANCE 972,540 MONEY MARKET FUND BALANCE 7,356,028 NET EQUITY LAST STATEMENT 17,224,050 CHANGE SINCE LAST STATEMENT -1,709,827 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. INSTITUTIONAL INTERESTS C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN Market Value of Your Portfolio a $6 Equities fee] Current market value $B] Last statement's market value 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 PERIOD September 1, 2001 THROUGH September 28, 2001 account numccr Taxpayer nuwecr LAST STATEMENT August 31,2001 ‘This statemem should be retained for your records. See reverse side for important information o27 09/2901;12:58 001 vsao EFTA00198188

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2 of 9 STATEMENT BACKER IS PRINTED ON THIS PAGE 09/2901 ;12:58 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198189

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BEAR STEARNS Cash Flow Analysis Balance Openi: Securities Sold Money Fund Dividends/Interest Miscellaneous Amount Cr ited Securities Bought Money Fund Miscellaneous Amount Debited Net Cash Activity OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 THIS PERIOD $2,814,728.42 1,971,752.23 12,498.91 11,531.35 599.00 $1,996,381.49 -625,114.53 -3,212,498.91 -956.00 $-3.838.569.44 -1,842,187.95 Cash Balance Summary OFENING CLOSING Cash 2.814,728.42 967,984.16 Margin 0.00 4,556.31 Net Cash Balance $2,814,728.42 $972,540.47 3 of 19 Income Summary THiS PERIOD YEAR TO DATE Dividends 19,473.95 114,546.52 Substitute Payment 0.00 630.00 Credit Balance Int. 4,556.31 48,340.54 Total $24,030.26 Short Dividends 0.00 Foreign Tax Withheld 0.00 Margin Int. Paid 0.00 Portfolio Composition Cash/Cash Equivalent 8,328,568 Equities 7,185,655 Total $15,514,223 027 09/2901 ;12:58 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account sumccr rwraver maccn LAST STATEMENT August 31,2001 Your Portfolio Allocation Cash & Equivalent}: Equities 46% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, EFTA00198190

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 4 og Your Portfolio Holdings CASH & CASH EQUIVALENTS (CURRENT YELD (%) NAARKET VALUE 972,540 205,783 2.8000 ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME CASH BALANCE THE TREASURERS FUND INC GTDXX 7,349,392.12 DOMESTIC PRIME M/M PORTFOLIO GTDXX 6,636.01 1.0000 6,636 186 2.8029 7.0000 ””"7'349.392 THE TREASURERS FUND INC DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $8,328,568 $205,969 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ALPHARMA INC-CL A ALO CASH 5,500 28.8000 158,400 990 0.6250 IATV 22,300 2.0400 45,492 ACTY INC 507,960 49,800 28,500 BEVERLY ENTERPRISES ING NEW BEV CASH CITIZENS COMMUNICATIONS CO CcZN 10.2000 9.4000 267,900 164,049 1.9074 7,450 GAANIVAL CORP-CL A CCL 3,129 22.0200 027 09/2901 ;12:58 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 September 28, 2001 account sumccr rwraver maccn August 31,2001 THROUGH LAST STATEMENT vsao EFTA00198191

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 5 of 19 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION DMC STRATEX NETWORKS INC EDISON INTERNATIONAL EIx ELECTRIC LIGHTWAVE INC-CL A ELIX CASH ENZON INC ENZN CASH HONEYWELL INTL INC HON I-MANY INC INTERNET SEC SYS INC ISSX CASH HCA INC HCA CASH (FRM HCA-HEALTHCARE COMPANY) HARRIS CORP-DEL HRS CASH HMA NAARKET VALUE ESTIMATED ANNUAL INCOME CURRENT YELD (%) ACCT SYMBOLICUSIP TPE STXN 8,234 51.0000 150,450 75,748 1,763 2.8417 2.3200 9.1100 44.3100 443,100 22.320 0.1805 800 31.8200 297,517 20.7600 268,842 1870 0.6285 HEALTH MANAGEMENT ASSOCIATES INC NEW-CL A K MART CORP KM UBERTY MEDIA CORP LMCA CASH 37,800 SER A NEW MILLENNIUM CHEMICALS INC MCH CASH MCDATA CORP MCOTA CLA NOVA CHEMICALS CORP NOX CASH 8,600 6.9900 122.325 12.7000 480,060 82.871 113,685 10.4900 16.3300 140.438 18.7500 167,006 25.5000 285,600 1/422 POLO RALPH LAUREN CORP-CL A RL ORION POWER HOLDINGS INC ORN CASH 027 09/2901 ;12:58 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 September 28, 2001 account sumccr rwraver maccn August 31,2001 THROUGH LAST STATEMENT vsao EFTA00198192

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of 9 Your Portfolio Holdings (continued) Equities & Options (continued) MARKET ESTIMATED CURRENT VALUE ANNUAL INCOME YIELD (%) 315 0.1099 ACCT DESCRETION SYMBOLICUSIP TPE QUANTITY TYCO INTERNATIONAL LTD TYC CASH TIBCO” SOFTWARE INC TIBX TENET HEALTHCARE CORP THC CASH TEXAS INSTRUMENTS INC TXN CASH TRANSWITCH CORP TXCC TOMMY HILFIGER COAP. UNITEDGLOBALCOM UCOMA CASH CLA UNITED RETAIL GROUP INC UAGI CASH 16,700 6.3200 105,544 48.8000 248.880 59.6500 438.428 24.9800 102.418 349 0.3408 3.0600 24,786 8.9500 105,610 23200 36.424 UNIVERSAL HEALTH SERVICES INC UHS CASH 5.100 cLB VITRIA TECHNOLOGY INC VITR CASH 28,350 2.0500 58,118 com VITESSE SEMICONDUCTOR CORP VTSS CASH 4,450 7.7500 34,488 WATSON PHARMACEUTICALS INC WPI CASH 1,500 54.7100 82,065 Total Equities& Options $7,185,655 $19,141 TOTAL EQUITIES $7,185,655 $19,141 YOUR TOTAL ESTIMATED ANNUAL INCOME $225,110 YOUR PRICED PORTFOLIOHOLDINGS $15,514,223 027 09/2901;12:58 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 September 28, 2001 THROUGH ACCOUNT NUMBER Taxpayer nuwecr LAST STATEMENT vsao August 31,2001 EFTA00198193

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 7 ofa Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION 09/04/01 08/27/01 CANCEL SELL ADELPHIA BUSINESS SOLUTIONS INC CLA EXECUTION BY REDI VS 1400 09-28-00 12-14-00 VS8400 1-18-01 ORIGINAL S/D 08/30/01 TO CXL PREVIOUS SELL CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 account sumccr rwraver maccn LAST STATEMENT August 31,2001 QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 9,800 1.82230 17,646.94 INC CLA EXECUTION BY REDI COMMISSION 86,00 26 SEC FEE INC CLA EXECUTION BY REDI VS 1400 09-28-00 12-14-00 VS8400 1-18-01 ORIGINAL S/D 08/31/01 COMMISSION 196,00 osioaiot “Oa! NEW EXECUTION BY RSSF osi0aio1 "OB! EXECUTION BY RSSF VSP 700 5/02/01, 7600 5/31/01 COMMISSION 498,00 SEC FEE 2.98 AS OF 08/29/01 EXECUTION BY BUCK COMMISSION 22,62 SEC FEE AT? NEW EXECUTION BY RSSF iCAN EAGLE OUTFITTERS INC CITIZENS COMMUNICATIONS CO OsOSOT OSSOIOT BOUGHT AMERICAN EAGLE OUTFITTERS INC 2:300 235.65920 59,037.16 "8/300 {0.75000 88,709.02 svg prntnnecennnces ep egg nennnrnennnnrsseeeeennnenentntstsconetenennestseetonnecnnngggrnnnntnepggeyyptennnenntentnesstennnnetennet ts eaten gags 35.0672 37,615.80" 027 09/2901 ;12:58 001 vsao EFTA00198194

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 as Le INSTITUTIONAL INTERESTS B oof 19 STATEMENT PERIOO September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDMT AMOUNT 09/05/01 08/30/01 SOLD ELECTRIC LIGHTWAVE INC-CL A ELIX -4,000 0.81220 3,153.69 EXECUTION BY REDI VS 4000 07-09-98 COMMISSION SEC FEE WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GSCO COMMISSION 273,00 SEC FEE EXECUTION BY RHCO COMMISSION SEC FEE EXECUTION BY BUCK COMMISSION SEC FEE EXECUTION BY REDI COMMISSION 80,00 EXECUTION BY RHCO VS 400 06-07-01 COMMISSION 28,00 SEC FEE 4.30 AS OF 09/04/01 3,600 33°35250 EXECUTION BY BUCK COMMISSION 36,00 SEC FEE 75 027 09/2901 ;12:58 001 vsao EFTA00198195

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 09/07/01 09/04/01 SOLD TOMMY HILFIGER CORP-ORD TOM -600 13.00000 7,748.74 EXECUTION BY BUCK COMMISSION 36,00 SEC FEE 26 09/10/01 09/05/01 SOLD ALLEGIANCE TELECOM INC ALGX -2,500 11.96050 EXECUTION BY FBCO VSP 200 5/08/01, 2300 2/23/01 SEC FEE 1,00 AS OF 09/05/01 OS TOIOT OSTOSOT SOS GUIKSILVER INC” VRS 06/07/01 AS OF 09/05/01 OST OSSOT SOLE GUIKSILVERiNC™ 20K S600 "7888500 VRS 07/11/01 AS OF 09/05/01 ““99105/01 SOLD QUIKSILVER INC 20K "350 19.88500 18,842.62 VRS 04/12/01 AS OF 09/05101 ““ogi05i01 SOLD QUIKSILVER INC 20K "7/300 19.88500 35,784.63 VRS 06/06/01 AS OF 09/0501 osiiolo1 OSI05/07" SOLD QUIKSILVER iNC™ 20K "7,300 13.88500 37,685.24 VRS 06/26/01 AS OF 09/0501 ésioio1 “OsiosoT SOLE QUIKSILVER INC 20K 2150 13'88500 42,643.82 VRS 01/05/01 AS OF 09/05/01 TOMMY HILFIGER CORP-ORD TOM -2,600 12.77740 EXECUTION BY GSCO COMMISSION 182,00 SEC FEE 111 ALPHARMA INC-CL A ALO -2,500 30.43510 75,895.21 EXECUTION BY COWN COMMISSION 175,00 SEC FEE 2,54 39,885.35 19:88500 3366 86 S376 os/t0i0% 69/10/07 osiioio7" 33,023.73 Oster" 027 09/2901 ;12:58 001 vsao EFTA00198196

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Cop Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) ow Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/17/01 09/06/01 SOLD ANALOG DEVICES INC ADI “800 43.71190 34,897.35 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION SEC FEE 09/06/01 SOLD ELECTRIC LIGHTWAVE INC-CL A ELIX -2,500 0.80520 EXECUTION BY REDI COMMISSION 50,00 SEC FEE 07 09/06/01 SOLD QUIKSILVER INC ZQK -1,400 19.48920 EXECUTION BY VKCO VSP 250 1/05/01, 1150 1/09/01 COMMISSION 98,00 SEC FEE A) AS OF 09/06/01 soar 1/947'83 soyter 27,170.87 SEE NOTE "S' ON BACK EXECUTION BY GKMC COMMISSION 91,00 SEC FEE 1,30 ANA i AK EXECUTION BY COWN COMMISSION 259,00 SEC FEE 3,68 ANALOG DEVICES | WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO COMMISSION 91,00 MCBATA CORP NCBA 6.300 {7.15000 70,260.00" CLA EXECUTION BY CEUT INSTRUMENTS INC SEE NOTE "S' ON BACK EXECUTION BY MSCO COMMISSION 140,00 55,846. 39:05000 58,255.00" 027 09/2901 ;12:58 001 vsao EFTA00198197

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS V1 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 09/12/01 09/07/01 SOLD TOMMY HILFIGER CORP-ORD TOM -1,100 12.02500 13,135.05 EXECUTION BY RHCO COMMISSION 77,00 SEC FEE 45 09/13/01 09/10/01 SOLD TOMMY HILFIGER CORP-ORD TOM -4,700 11.53030 53,893.60 EXECUTION BY BUCK COMMISSION SEC FEE 09/18/01 09/17/01 SOLD PUT ROYAL CARIBB SEP22.50" V7780TSU9 -61 7.90670 48,046.26 EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT AS OF 09/17/01 OTST OS TION SO nn BT CRANIAL CB SEP 030 EXP 09/22/2001 "F0 86500 4173-18 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT AS OF 09/18/01 COUNTRYWIDE CREDIT INDS INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S* ON BACK EXECUTION BY UBSW COMMISSION 217,00 ELECTRIC LIGHTWAVE INC-CL A ELIX -3,700 0.76330 2,735.11 EXECUTION BY REDI VS 3700 01-20-99 COMMISSION 74,00 SEC FEE 10 39.77660 123'520:86"" 027 09/2901 ;12:58 001 vsao EFTA00198198

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 09/20/01 09/17/01 BOUGHT ENZON INC ENZN 1,300 53.85000 70,020.00 EXECUTION BY COWN EYWELL INTL INC HON -1,250 29.20000 SEE NOTE "S* ON BACK EXECUTION BY UBSW COMMISSION 87.50 SEC FEE 1,22 36,396 38 "46 36250 23,135.47 EXECUTION BY BUCK COMMISSION 30,00 SEC FEE MILLENNIUM CHEMICALS INC MCH -1,400 11.41930 EXECUTION BY UBSW COMMISSION 98,00 SEC FEE 54 SOLD ORION POWER HOLDINGS INC ORN -1,100 19.52880 21,388.96 EXECUTION BY UBSW COMMISSION SEC FEE QUIKSILVER INC 2ZQK -2,400 13.46590 32,134.08 EXECUTION BY JRCO COMMISSION SEC FEE 09/21/01 09/18/01 SOLD QUIKSILVER INC 20K -1,200 14.01130 EXECUTION BY RYAN COMMISSION SEC FEE 09/24/01 09/19/01 SOLD ELECTRIC LIGHTWAVE INC-CL A ELIX -5,700 0.84870 4,708.42 EXECUTION BY REDI VSP 1600 1/15/99,4100 1/20/99 COMMISSION 114,00 SEC FEE 7 AS OF 09/19/01 15,873.48 16,773.89 027 09/2901 ;12:58 001 vsao EFTA00198199

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 09/24/01 09/19/01 SOLD QUIKSILVER INC Z0K -2,092 13.86070 28,855.09 EXECUTION BY BUCK COMMISSION 125,52 SEC FEE 97 AS OF 09/19/01 ie i) TALBOTS INC EXECUTION BY VKCO COMMISSION 154,00 SEC FEE 1,98 AS OF 09/19/01 OSB5GT OSBO0T" SOLE ALPHARMA ING CTR AG B66 3607876 EXECUTION BY BUCK COMMISSION SEC FEE OSis5i01" S007 BOUGHT AMERICAN EAGIE OUTFITTERS INC REOS 1,100 1791626 19,722.83" NEW EXECUTION BY RSSF 09/25/01 09/20/01 SOLD COUNTRYWIDE CREDIT INDS INC CCR -1,600 40.75380 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S" ON BACK EXECUTION BY COWN COMMISSION 112,00 SEC FEE 2.18 6507650 09/25/01 "58330 EXECUTION BY BUCK COMMISSION SEC FEE 09/26/01 09/21) TEAS INC 316 NEW 027 09/2901 ;12:58 001 vsao EFTA00198200

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 14 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 09/26/01 09/21/01 SOLD COUNTRYWIDE CREDIT INDS INC CCR -1,500 38.25000 57,268.08 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S' ON BACK EXECUTION BY BUCK COMMISSION 90,00 SEC FEE 92 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY TWPT COMMISSION 7,00 EXECUTION BY BUCK COMMISSION 360,00 SEE NOTE "S* ON BACK EXECUTION BY UBSW COMMISSION 91,00 SEC FEE 09/26/01 09/21/01 SOLD MILLENNIUM CHEMICALS INC MCH -1,100 9.43660 10,298.91 EXECUTION BY TWPT COMMISSION 66,00 SEC FEE 35 09/26/01 09/21/01 SOLD ROYAL CAI EAN CRUISES LTD SEE NOTE "S* ON BACK EXECUTION BY TWPT COMMISSION 810,00 SEC FEE 3.67 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO COMMISSION 182,00 SEC FEE 1.19 “73/500 8.14350 709; 708'58 027 09/2901 ;12:58 001 vsao EFTA00198201

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — August 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 09/26/01 09/21/01 SOLD TYCO INTERNATIONAL LTD TYC -1,300 39.27550 50,950.44 EXECUTION BY UBSW COMMISSION 91,00 SEC FEE 171 Tie WARRER TELECOM ING Twit “1,806 15.63330 38,124.00 CLASS EXECUTION BY TWPT SEC FEE 09/27/01 09/24/01 SOLD ELECTRIC TIGHTWAVE INC-CT & ELIX -7,300 6.60400 4,248.05 EXECUTION BY REDI COMMISSION SEC FEE OSS7IOT OS/S4a/07"" SOLD "SOUTHINEST AIRLINES CS LuV -2,500 13.7835 34,267.60 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO COMMISSION 175,00 SEC FEE 1,15 09/26/01 09/21 EXECUTION BY DAIN SEC FEE EXECUTION BY REDI VS 2200 08-10-98, 3800 01-22-9 9 COMMISSION 120,00 CLASS A EXECUTION BY INET COMMISSION 2. 00 SEC FEE cuss BY TWPT SEC FEE 1,54 753986 027 09/2901 ;12:58 001 vsao EFTA00198202

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10167 as | INSTITUTIONAL INTERESTS 16 of 19 STATEMENT PERIOD September 1, 2001 THROUGH September 28,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT August 31, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/28/01 09/25/01 BOUGHT WATSON PHARMACEUTICALS INC WPI 1,500 §1.39310 77,194.65 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT TOTAL $-625,114.53 $1,971,752.23 MONEY FUND ACTIVITY DATE MODAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT 09/01/01 OPENINGBALANCE 4,143,529.22 E URERS FUND DOMESTIC PRIME WM PORTFOLIO DOMESTIC PRIME WM PORTFOLIO DEND THE TREASURERS” FUND DOMESTIC PRIME MIM PORTFOLIO MONTHLY DIVIDEND 460/600" ‘400:60000"" DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND 5.862'90" 5.86290" OST REINVEST THE TREASURERS” FUND INC DOMESTIC PRIME MIM PORTFOLIO Bowe eric Pee han BOM FOLIO MONTHLY DIVIDEND REINVESTED uuenaunene 11s eununnnenausenenoenen sss quusugesnenenensunens 11 sunuousnusenensnoenen 11 ( See0eueueuseneeoeueuS (1 suauaeseeoenenenaenen 111 eneeeaeneay " Oe 09/25/01 BOUGHT AAC e ASH BES SY RRUNG, 0° GTDXX 800,000 1.0000 800,000.00 BUY 09/28/01 CLOSINGBALANCE 7,356,028.13 TOTAL $-3, 498.91 $12,498.91 027 09/2901 ;12:58 001 vsao EFTA00198203

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Cor Bear, Stearns & Co. Inc. One Mebane ‘Center Non 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 17 of 19 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 September 28, 2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER Taxpayer nuwecr DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) CEBIT AMOUNT (CREDIT AMOUNT 09/04/01 HCA INC HCA 72,700 0.0200 242.00 (FRM HCA-HEALTHCARE COMPANY) REC 08/01/01 PAY 09/01 OS TOOT HONE WELL NIE INE REC 08/20/01 PAY 09/10/01 "OMNICARE INC” REC 08/28/01 PAY REC 08/31/01 PAY 09/14, svrnennsnsanenennenenne i acrennenrnnnnessnennnenanggitnennnneaiesennmnnmnnnmneseanennenennnin scene "9.0235" 394°75 S007" "1650 78225 450 OST 01” SOUTHWEST AIALINES CO" 0.0045 22.95 REC 09/05/01 PAY 09/27/01 REC 09/12/01 PAY 09/28/01 “ROYAL CARIBBEAN CAUISES LTD ACL 13.500 0.1300 1,755.00 REC 09/17/01 PAY 09/28/01 TOTAL $6,975.04 7,404.00 oaeaor creer osi2801 INTEREST DATE CESCRIPTION SYMBOLUCUSIP QUANTITY RATE [%} DEBIT AMOUNT CAEDIT AMOUNT 09/21/01 INTCR [| SEP 01 4,556.31 TOTAL $4,556.31 027 09/2901 ;12:58 001 vsao August 31,2001 EFTA00198204

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 18 of 19 Transaction Detail (continued) MISCELLANEOUS OATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 09/05/01 JOURNAL i TO USD 242.00 “Ji osiesioT WOUANAT 16:70 5 342.00 . *JRL* ‘ae TOTAL $-956.00 $599.00 Trades Executed Pending Settlement SETTLEMENT TRADE OATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY BOUGHT ALPHARMA INC-CLA ALO "HONEYWELL INTL ING HON 10/01/01 10/01/01 joozo1 "BOUGHT “BU SERVICES CO BIS 7,900.00 WITH RIGHTS TO PURCHASE PREFRD 1 WITH RIGHTS TO PURCHASE PREFRD NEW jooz01 7 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO September 1, 2001 THROUGH September 28, 2001 account sumccr Twpaver nuvecr LAST STATEMENT August 31,2001 DEBIT AMOUNT CREDIT AMOUNT 30,370.35 46,348.78 027 09/2901;12:58 001 vsao EFTA00198205

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 19 of 19 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 1, 2001 THROUGH September 28,2001 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT August 31,2001 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/03/01 09/28/01 SOLD BJ SERVICES CO BIS -1,900.00 17.5884 33,268.84 WITH RIGHTS TO PURCHASE PREFRD SOLD COOPER CAMERON CORP 1 1 SOLD DIAMOND OFFSHORE DAILLING INC 1 1 joio3i01 10/03/04 10/03/01 10/03/01 32.7378 25.5000 442,388.24 ORION POWER HOLDINGS INC ORN SOLD SMITH INTERNATIONAL INC Sil WITH RIGHTS TO PURCHASE PREFRD 300.00 36.4673 47,299.90 TOTAL $324,413.27 $562,926.35 The above trades do not appear in amy other section of this statement STOP **e*** End of Statement™***** \—/ 027 09/29/01;12:58 001 vsao EFTA00198206

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Seay, Stewme Securities Co Bear, Stearns & Co. Inc. Gre Metatech ‘Conter Nor BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 What’s In This Statement || PP | ery end eee onaea tone ; 3 INSTITUTI L INTERESTS LAST STATEMENT duly 27, 2001 Financial Summary , C/O FINANCIAL TRUST COMPANY Your Portfolio Holdings . . 4 . . ATTN JEANNE BRENNAN Transaction Detail .....ssssssesseeeseens 7 Fund Activity sserserseas . 37 ao Np Trades Not Yet Settled ., Your Portfolio at a Glance Market Value of Your Portfolio 958,257 TOTAL VALUE OF SECURITIES THIS PERIOD 10,265,793 Cash & (ESE % NET CREDIT BALANCE 2,814,728 Equities MONEY MARKET FUND BALANCE 4,143,529 $14,630,025 Aen nne ne enenenen ses) aunnennnneneenenenenn ess) eannnnnnnnnnens | | Current market value NET EQUITY LAST STATEMENT 18,161,632 CHANGE SINCE LAST STATEMENT -937,581 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document This statement should be retained for your records. See reverse side for important information o27 0901/01;12:11 O01 v496 EFTA00198207

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2 of 53 STATEMENT BACKER IS PRINTED ON THIS PAGE 090101;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS v496 EFTA00198208

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of 59 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $1,893.446. 73 Securities Sold 4,406,893.38 Money Fund 2,141,248.89 Dividends/Interest 6,078.83 Miscellaneous 17,397,736.72 Amount Cri $23,951 ,957.82 Securities Bought -991,606.48 Money Fund -2,505,369.13 Miscellaneous -19,533,700.52 Amount Debited nserreerereeeeent Net Cash Activity 921,281.69 Cash Balance Summary OPENING CLOSING Cash 0.00 2,814,728.42 Margin 1,893,446.73 0.00 Net Cash Balance $1,893.446.73 $2,814,728.42 New York, New York 10167 Income Summary THiS PERIOD YEAR TO DATE Dividends 6,159.89 95,072.57 Substitute Payment 0.00 630.00 Credit Balance Int. 5,288.07 43,784.23 Tota actrees riseeeeeneeeen se eae G__ $139,488.80 Short Dividends 0.00 -144.50 Foreign Tax Withheld -84.04 445.26 Margin Int. Paid 0.00 -47.91 Portfolio Composition Cash/Cash Equivalent 6,958,257 Equities 10,265,793 Total $17,224,050 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 Your Portfolio Allocation Cash & Equivalent, 41% Equities 59% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, v496 EFTA00198209

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of 59 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD ('%) CASH BALANCE THE TREASURERS FUND INC GTDXX 4,143,529.22 1.0000 4,143,529 128,449 3.1000 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $6,958,257 $128.449 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} 2,484 0.5732 ALPHARMA INC-CL A ALO CASH ACTY INC IATY ALLEGIANCE TELECOM INC ALGK CASH 6 INC CLA AMERICAN EAGLE OUTFITTERS INC AEOS CASH 14,050 25.7500 361,788 NEW AGERE SYS INC AGRA CASH 15,850 5.1000 80,835 CLA ADELPHIA COMMUNICATIONS CORP ADLAC CASH 14,354 31.5500 452,869 CLA ANALOG DEVICES INC ADI CASH 2,900 47.7800 138,562 BEVERLY ENTERPRISES INC NEW BEV CASH 49,800 10.0000 498,000 CITIZENS COMMUNICATIONS CO CZN CASH 36,800 10.7500 395,600 31.2800 233,036 3.129 CARNIVAL CORP-CL A Cel CASH 7,450 113427 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH ACCOUNT NUMBER August 31,2001 rwraver maccn LAST STATEMENT v496 July 27, 2001 EFTA00198210

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 59 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} PUT CARNIVAL CP SEP 030**** CCLUF CASH 50 0.5000 2,500 EXP EDISON INTERNATIONAL Bik CASH ELECTRIC LIGHTWAVE INC-CL A ELIX CASH ENZON INC ENZN HONEYWELL INTL INC HON I-MANY INC IMNY INTERNET SEC SYS INC HCA INC HCA (FRM HCA-HEALTHCARE COMPANY) HARRIS CORP-DEL HRS CASH 9.350 29.3300 274.236 1870 0.6819 0.9200. 47.012 63.8400 105,336 37.2600 182.574 5.4500 177.943 15.6300 38.294 45.7400 457,400 800 0.1749 3.675 2.0129 HEALTH MANAGEMENT ASSOCIATES HMA CASH 12,950 . 19.9500 258,353 INC NEW-CL A K MART CORP KM GASH 17.500 "700400 175.700 KOHLS CORP KSS 72,150 LIBERTY MEDIA CORP LMCA CASH 37,800 ‘ 15.2000 574,560 SER A NEW MILLENNIUM CHEMICALS INC NCH CASH {0,400 73.4400 439.776. 5.616 4.0179 MCDATA CORP MCOTA CASH 7,250 14.2800 103,530 CLA NOVA CHEMICALS CORP NOX CASH 8,600 19.8000 170.280. 1448 POLO RALPH LAUREN CORP-CL A RL CASH 8,907 23.7200 211,274 ORION POWER HOLDINGS INC OAN CASH 12'300 "238500 293,355 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH ACCOUNT NUMBER August 31,2001 rwraver maccn LAST STATEMENT v496 July 27, 2001 EFTA00198211

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of 53 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT DESCRIPTION SYMBOLICUSIP TPE OFFICE DEPOT INC ooP CASH OMNICARE INC QUIKSILVER INC ZOQK CASH REMEC INC REMC CASH PUT ROYAL CARIBB SEP22.50" RCLU22 EXP 09/22/2001 ‘SPECTRASITE HOLDINGS INC Site SOUTHWEST AIRLINES CO Luv SYMBOL TECHNOLOGIES INC SBL 13.5000 420.150 17a 04484 TYCO INTERNATIONAL LTD TY CASH 7,600 51.9500 394,820 380 0.0962 TIME WARNER TELECOM ING Twice CASH 6800 20.6200 140.216 CLASS A TIBCO SOFTWARE INC TIBX CASH 14,000 8.5700 119,980 NAARKET ESTIMATED CURRENT VALUE ANNUAL INCOME YELD (%) 23.0200 379.646 | 315,090 7,020 2.3279 27600 61.134 17.8900 91,239 92 0.1008 TOMMY HILFIGER COAP-OAD TOM CASH UNITEDGLOBALCOM UCOMA 281,220 73,319 UNIVERSAL HEALTH SERVICES INC UHS CASH 5,100 47.3000 241,230 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH ACCOUNT NUMBER August 31,2001 rwraver maccn LAST STATEMENT v496 July 27, 2001 EFTA00198212

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 of 53 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYRE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) VITRIA TECHNOLOGY INC VITR CASH 28,350 2.7600 78.246 Cc VITESSE SEMICONDUCTOR CORP VTSS CASH 4,450 14.6000 64.970 Total Equities& Options $10,265,793 $32,632 TOTAL EQUITIES $10,265,793 $32,632 YOUR TOTAL ESTIMATED ANNUAL INCOME $161,081 YOUR PRICED PORTFOLIOHOLDINGS $17,224,050 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE 07/30/01 07/25/01 SOLD BRAUN CONSULTING INC BRNC -11,000 6.82800 EXECUTION BY COWN Fi CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 August 31,2001 accoust numccr Taxpayer nuwecr July 27, 2001 THROUGH LAST STATEMENT DEBIT AMOUNT CREDIT AMOUNT 75,090.49 EXECUTION BY COWN SEC FEE 027 0901/01;12:11 O01 v496 EFTA00198213

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/30/01 07/25/01 SOLD ITT INDUSTRIES INC iT -2,600 43.45140 112,772.87 SEE NOTE "S" ON BACK EXECUTION BY MSCO COMMISSION 182,00 SEC FEE 3.77 C7501 SOLS LIZ CLAIBORNE INC EXECUTION BY BUCK COMMISSION 37.68 SEC FEE 1.42 OFS0I0T O7250T SOB MCKESSON HBOS INC “ wick “2800 3854360 107,707.48 COM EXECUTION BY DAIN COMMISSION SEC FEE 07/30/01 07/25/01 SOLD SOLUTIA INC Sol -4,800 13.60840 EXECUTION BY UBSW COMMISSION 336,00 SEC FEE 18 svssnmnnsnnsnnenssnpnennennessennnnnnnnnnay enennenga ss nennenninnnisaunnennennnn ns nents O70 EXECUTION BY JPHO SEC FEE EXECUTION BY RSSF 08/01/01 07/27/01 SOLD UZ CLAIBORNE INC uz 52.71450 26,306.37 EXECUTION BY VKCO COMMISSION 35,00 SEC FEE 88 08/01/01 07/27/01 BOUGHT POLO RALPH LAUREN CORP-CL A RL 4,000 23.90670 95,921.80 SEE NOTE "S* ON BACK EXECUTION BY VKCO COMMISSION 280,01 08/01/01 07/27/01 SOLD TALBOTS INC TLB -700 41.87820 EXECUTION BY BUCK COMMISSION 42,00 SEC FEE 98 BS 256-76 027 0901/01;12:11 O01 v496 EFTA00198214

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/02/01 07/30/01 BOUGHT SYMBOL TECHNOLOGIES INC SBL 4,450 12.07700 54,069.15 EXECUTION BY DAIN COMMISSION 311,50 EXECUTION BY BUCK COMMISSION 60,00 SEC FEE 1,38 OR ORIOT OFSOIOT BOUGHT TONMMY HILFIGER” COAP-GA5 EXECUTION BY UBSW COMMISSION 280,00 nig nec nnn cnn nnn nnn smn ns CLA EXECUTION BY SBSH SEC FEE 215 POLO RALPH LAUREN CORP-CL A SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 30,00 08/06/01 08/01/01 SOLD ANALOG DEVICES INC ADI -1,000 50.53290 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO COMMISSION 70,00 SEC FEE 1.69 iT RRR cco REE TS67i46 5498060" osOsIOT" Oo 33'46200 11,776.00" 08/03/01 0 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO COMMISSION 80,50 SEC FEE CLA EXECUTION BY TWPT Fi 027 0901/01;12:11 O01 v496 EFTA00198215

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) —_ Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/06/01 08/01/01 SOLD METHANEX CORP MEOH -2,600 6.29000 16,338.45 EXECUTION BY NITE SEC FEE 55 INC EXECUTION BY RSSF SEC FEE 49 O8iOEIET ORIOTIOT BOUGHT 42°57216 6396315" EXECUTION BY BUCK COMMISSION 90,00 1 SOLD TEXAS INSTRUMENTS INC SEE NOTE "S* ON BACK EXECUTION BY OPCO COMMISSION 56,00 SEC FEE 99 Os06i01 “OBiOiOT BOUGHT TOMMY HILFIGER CORP-ORD TOM 2,100 13.50000 28,365.00 EXECUTION BY MSCO AS OF 08/01/01 os06io1OBIOTIOT SOLE VITESSE SEMICONDUCTOR CORP Viss 800° "37789500 EXECUTION BY RSSF SEC FEE i) 08/02/01 SOLD COOPER INDUSTRIES INC CBE -1,100 54.00000 59,306.02 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO COMMISSION 77,00 SEC FEE 08/07/01 08/02/01 SOLD MCLEODUSA INC-CL A MCLD -15,950 FORMERLY MCLEOD INC EXECUTION BY SBSH SEC FEE ORO7IOT OROZIOT SOLS MCBATA CORP MCBTA 2,700 37705000 CLA EXECUTION BY TWPT SEC FEE oeOeIOT OBIT 37550000 39,528.04 17,500.41 8/07/01 3°36080 3604355 $6,818.10 027 0901/01;12:11 O01 v496 EFTA00198216

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 11 oof 53 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) ow Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 08/07/01 08/02/01 SOLD PACIFIC SUNWEAR OF CALIFORNIA PSUN -2,800 19.30410 54,034.67 EXECUTION BY RSSF SEC FEE 1,81 O8IO7IOT" ORORIOT BOUGHT TALBOTS WNC " ie 1,100 42°42916 46,753.07" EXECUTION BY BUCK COMMISSION 66,00 OsioeIoT OsOsOT "SOLE WETHANEX CORE MECH B70 6.36500 EXECUTION BY NITE SEC FEE 57 OsioeOT ORSIOT SOLE SENSORMATIC ELECTRONICS” CORP SRii “51550 33°95000 EXECUTION BY BUCK COMMISSION 357,00 SEC FEE 4.56 ORORIOT OROSOT BOUGHT TOMMY HILFIGER” COAP-G8D EXECUTION BY RSSF COMMISSION 679,00 EXECUTION BY BUCK COMMISSION 78,00 CLAIBORNE INC EXECUTION BY MLCO COMMISSION 26,04 SEC FEE SUNMICAOSYSTEMS INC SUNW “5,200 16.68000 86,718.10 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN SEC FEE 2,90 ORIOTIOT BOUGHT TIME WARNER TELECOM INC 16,899.93 13677534 7366096 {27/384.73~ $7.33740 74,631.62" $2.37760 oarioioT 19,405.58 oa TOIOT “OBIO7I07 3406880 19,370.04" OsTTi04 CLASS A EXECUTION BY TWPT 027 0901/01;12:11 O01 v496 EFTA00198217

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS 12 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/10/01 08/09/01 SOLD CALL COMCAST-SPL OCT 035**** OCcOKIG 9 4.10000 3,671.87 EXP 10/20/2001 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/09/01 EXP 10/20/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/09/01 EXECUTION BY COWN 39,799.00" 08/13/01 08/08/01 jOUGHT POLO RALPH LAUREN CORP-CL A RL 1,200 24.25000 SEE NOTE "S" ON BACK EXECUTION BY EMBA COMMISSION 84 EXECUTION BY FBCO SEC FEE EXECUTION BY DADA COMMISSION 140,00 EXP 10/20/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT A/O S/D 08/10/01 027 0901/01;12:11 O01 v496 EFTA00198218

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 13 of 53 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 08/13/01 TRADE OATE 08/09/01 TRANSACTION SOLD DESCRIPTION CALL COMCAST-SPL OCT 035 EXP 10/20/2001 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT ORIGINAL S/D 08/10/01 AS OF 08/09/01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 August 31,2001 accoust numccr Taxpayer nuwecr July 27, 2001 THROUGH LAST STATEMENT SYMBOLICUSIP QCOQKIG QUANTITY 9 PRICE 4.10000 DEBIT AMOUNT CREDIT AMOUNT 3,662.87 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT ORIGINAL S/D 08/10/01 AS OF 08/09/01 CANCEL BUY AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT A’O S/D 08/10/01 TO CXL PREVIOUS BUY 08/13/01 ALPHARMA_INC-CL A FROM: TDL} * JRL ACTV INC FROM: TDL} * JRL * 4 iNC FROM: TDL| USD ee Pet TTT Rae eRRaT TT RARER OTTERS TTCH Ce CREE FROM: TDL USD rae 301 USD Oe TSIO4 USD 08/13/01 0B! HIA BUSINESS SOLUTIONS INC CLA FROM: TDLI *JAL* USD QCOKVG 000 AMCC 027 0901/01;12:11 001 v496 EFTA00198219

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BEAR STEARNS 14 of 53 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE 08/13/01 Oa TSIO4 OaTSIO4 easier oa/13i01" osiTSiOt ‘aria 08/13/01 DESCRIPTION AT&T CORP LIBERTY MEDIA GROUP SER A FROM: TDL USD * JAL* NEW * JAL* QUANTITY 37,800 PRICE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numer teaver wwocn LAST STATEMENT duly 27, 2001 DEBIT AMOUNT CREDIT AMOUNT AMERICAN EAGLE OUTFITTERS INC “AGERE SYSiNC CLA FROM: TOL USD * JRL * “AME CORP-DEL FROM: TDL{ USD *JAL* “ADELPHIA COMMUNICATIONS CORP CLA FROM: TOL Uso * JRL * ALASKA Al FROM: TDL USD *JAL* ANALOG 't FROM: TDL| USD * JRL * * JAL* CiTiZENS FROM: TDL) USD * JAL* 14,354 BEVERLY’ ING NEW FROM: TDL] ss) 08/13/01 CAPSTONE, RP FROM: TDL} USD *JAL* 027 09901/01;12:11 001 v496 EFTA00198220

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 15 of 53 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INVESTMENT ACTIVITY (continued) Last statement July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL Fon ar CVG 3,200 FROM: TDL/ USD * JAL* 08 SUE REEL BBE renner cnrnnnennet enemys etnnnnnnnnns enemies atnnnnnnmnnn sameness FROM: TDL USD * JRL * FROM: TOLL Uso JOURNAL CONTINENTAL AIRLINES INC-CL B CAL 3,550 FROM: TDL USD * JAL* Oe TSIO4 JOURNAT “CUMMINS TNC FROM: TDL USD * JRL * Fe ETT RRR TTT TTT ERERRR TCRCTTRESTECETTICT a CRS 777 REE TCT EE FROM: TDL USD * JRL * oa TSIO4 JOURNAL EDISON INTERNATIONAL FROM: TDL USD * JRL * JOURNAL ic FROM: TOL USD oIAL /01 ICH CORPORATION Frou: ro. ll FROM: TDL/ USD * JAL* NAL HONEYWELL IN 4°900 FROM: TDL USD * JAL* 08! 027 09901/01;12:11 001 v496 EFTA00198221

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BEAR STEARNS 16 of 59 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION 08/13/01 JOURNAL DESCRIPTION I-MANY IN' FROM: TDL USD * JAL* CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numer teaver wwocn LAST STATEMENT duly 27, 2001 DEBIT AMOUNT CREDIT AMOUNT BETES TT SUE ERRUED SERVE IN eee eeeeetnnnnnsssannennennegennennennennessennnnnnnnins is aennennnnnnn is nennennnnet ssenenenenenenn i aeugtenenenene 0! JOURNAL oaiisior" osiiaior 08/13/01 Oa TSIO4 JOURNAL Os/T3I04 FROM: TDL USD * JRL * (FRM HCA- OMPANY} FROM: TDL USD HARRIS . FROM: TDL USD *JAL* “HEALTH MANAGEMENT ASSOCIATES INC NEW-CI FROM: TDL USD *JAL* 7 receeaset coe FROM: TDL USD * JAL* KOHIS TORE FROM: TDL USD * JRL * “TVONBELD CHEMICAL COMPANY FROM: TDL| USD * JAL* MILLENNI enc ol *JAL* “METROMEDIA FIBER NETWORK INC CLA FROM: TOL USD ° AL ° 09901/01;12:11 001 v496 EFTA00198222

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of 53 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numer teaver wwocn INVESTMENT ACTIVITY (continued) Last statement July 27, 2001 Transaction Detail (continued) SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL MCDATA CORP MCDTA 8,550 Oa TSIO4 Oa TSIO4 oaisior™ JOURNAL CLA FROM: TDL USD * JAL* NOVA CHE! FROM: TDL/ USD * JRL * NEW FROM: TOL USD * JRL * NORTHWEST AlRTINES CORE FROM: TDL| USD *JAL* “NAVISTAR INTERNATIONAL CORP Oo JOURNAL osiisior" 08/13/01 Oa TSIO4 JOURNAL JOURNAL Os/T3I04 POLO RALPH ORP-CL A FROM: TDL USD *JAL* “QUANTA'S FROM: TDL usD * JRL * ORION POWER HOLDINGS NC FROM: TDL USD * JRL * “OFFICE DEBOT ini FROM: TDL USD ONNICAR FROM: TDL] USD m “QUIKSILVE FROM: TE uso *JAL* REMEC IN FROM: TDL USD * JRL * 09901/01;12:11 001 v496 EFTA00198223

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BEAR STEARNS 18 of 59 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE 08/13/01 THF SRNR SBOE IS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 accout sumccr raxpaver nuvocn LAST STATEMENT July 27, 2001 DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT ROYAL CAI ISES LTD FROM: TDL/ USD * JRL * FROM: TDL Uso * JRL * ssenenenenenenen ene nenenenes os neural FROM: TDL USD Bara SOUTHWEST AIRLINES CO FROM: TDL USD * JAL* “SYMBOL TECHNOLOGIES INE FROM: TDL USD * JRL * TCO INTERNATIONAL TID) FROM: TDL USD * JRL * TIME WARNER TELECOM INC CLASS A FROM: TDL USD * JRL * TIBCO SOF FROM: TDL USD *JAL* TALBOTS INC FROM: TDL USD * JRL * TENET HEAL] FROM: TDL USD * JRL * FROM: TDL USD * JRL * 09901/01;12:11 001 v496 EFTA00198224

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 19 of 53 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) ow TAXPAYER NUMBER ; INVESTMENT ACTIVITY (continued) Last statement July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL Frou: 7 ar TXCC 8,100 FROM: TDL/ USD THF * JAL* FROM: TDL USD * JRL * svstnenenenenenen i cnutpnennnenes a 1 ORHAY BSE SORES FROM: TOL Uso “SUBNET TERSRARE EC BEHS” BORE eons ce pgenennnnesescennnnsnsnnngnennenennnnen ss sanennenennnnes is snnnenennnnnysenennnnnnnne Os/T3I04 08/13/01 08/13/01 UNITEDGLOBALCOM CLA FROM: TOL USD *JAL* “UNITED RETA INC FROM: TDL USD * JAL* cLB FROM: TOL Uso * JRL * ViTaia TECHNOLOGY INC COM FROM: TDL USD * JAL* UNIVERSAL HEALTH SERVICES INC 08/13/01 Oa TSIG4 VITESSE SI ‘OR CORP FROM: TDL USD * JAL* “CALE COMCAST-SPL GET O35 EXP 10/20 TO: TDL -USD * JRL * PUT COMCAST-SPL OCT 035 EXP 10/20) FROM: TDL USD * JAL* 09901/01;12:11 001 v496 EFTA00198225

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 20 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) —_ varaves een INVESTMENT ACTIVITY (continued) LAST STATEMENT = July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL ro. 7 iad ALO -13,800 TO: TDL +-USD * JAL* aT" To: TOL uso cin JOURNAL -USD osisior JOURNAT "ADELPHIA BUSINESS SOLUTIONS’ RBIZ "52,200 nc CL * JAL* SERA TO: TOLA-uso * JAL* Oa TSIO4 EXCHANGE AYaT CORP ips MEBIA GROUF 001957208 "37-800 08/13/01 JOURNAL AMERICAN EAGLE _. INC AEOS -9,950 Oa TSIOF JOURNAL “AGERE SYSiNC AGRE "75,850 CLA i AL oaiaior™ JOURNAL RMAC Aaa 027 09901/01;12:11 001 v496 EFTA00198226

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT G Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 21 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) account numccr vaxpayer wumeer INVESTMENT ACTIVITY (continued) Last statement July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL ADELPHIA COMMUNICATIONS CORP ADLAG 714,354 CLA To: TOLA-uso * JRL * SEIS oS TO: TDL }uso * JRL * osisior™ JOURNAL ANALG To: TDL * JRL * 0! JOURNAL BEVER! ES INC NEW BEV -49,800 TO: TDL -USD *JAL* “CITIZEN: CATIONS GO CaN "36,800 TO: TDL -uso * JRL * Oa/T3/07 JOURNAT CABSTON CORP TO: TOL LusD * JAL* sare v1eonmnoneeentoenn ays eeum rnmeeneennenive are elt ca guegenroenecneeen stsqunteneeenteanecs 1+ seepevounttnteente 1+ seeenteeny 2 Dg umrmmamremzensntcomanronrerrenrensstenmanmanrezenne i seerrenrenrenzeas TO: TDL -USD * JRL * annaeni ounonnannnnne sis) aunnnnesnenousoeannn 111 enuneuneeneesgenongs 111 eueeaensnsas) 100 aunuununnsennannnngen sis aunnennengeneeeonnagn (11s augnnnennnegeenaegeny 111 anaeegeesenaeeneeggny 1 CRANE nel A cet "7450 TO: TDL -uso *JAL* COMCAST CORP-SPECIAL CLA CMCSK “4,500 To: TDL Fuso * JRL * CONTINENTAL ES INC-CLB. CAL “3,550 To: TDL -uso * JAL* n NAL 027 09901/01;12:11 001 v496 EFTA00198227

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 22 of 53 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION 08/13/01 JOURNAL DMC cciaii s INC TO: TDL +-USD * JRL * Fa SUE EISEN INT ERRATIONEL To: 10. USO * JRL * eT TT ee UTR Re TRUE NRE An a SYMBOLICUSIP STXN QUANTITY PRICE -9,150 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numer teaver wwocn LAST STATEMENT duly 27, 2001 DEBIT AMOUNT CREDIT AMOUNT “14,1660 JOURNAT ENZON ING To: TOL uso * JAL* “GOODRICH CORPORATION (FRM B CO} TO: TDL -USD * JRL * Os/T3IO4 JOURNAT HONEVIE) ic TO: TOL -uso + JAL* oaiaot JOURNAL i:MANY To: TDL Luso * JAL* INTERN TO: TDL Luso aL HeaNG (FRM HCA, IE COMPANY) TO: TDL USD *JAL* “JOURNAL HARRIS _ TO: TDL }uso * JAL* HAS 027 “4850 -9,350 09901/01;12:11 001 v496 et al S00 ceueueenenenennennnen sc aeneunenenenseseenene sc euerenaeeesnenenenaes “ +) naeiel Pe EFTA00198228

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BEAR STEARNS 23 of 53 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE 08/13/01 Oa TSIO4 Oa TSIO4 DESCRIPTION HEALTH MANAGEMENT ASSOCIATES INC NEW: TO: TDL -USD * JAL* ‘i ae TO: TDL -USD * JAL* KOHIS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numer teaver wwocn LAST STATEMENT duly 27, 2001 DEBIT AMOUNT CREDIT AMOUNT UBERTY MEDIA CORP Ww FROM MANDATORY EXCHANGE 1-1 osiisior" 08/13/01 08/13/01 08/13/01 TVONDELD CHEMICAL COMPANY TO: TOL USO -JAL* MiLEN MICALS INC TO: TDL Luso * JAL* CLA To: TOL Uso * JRL * MCDATA CORP NOVAC TO: TDL -USD METAGMEDIA FIBER NETWORK INC 09901/01;12:11 001 v496 EFTA00198229

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 24 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) ow TAXPAYER NUMBER ; INVESTMENT ACTIVITY (continued) Last statement July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL 10. CORP NWAC -4,450 TO: TDL +-USD * JAL* SGT UE BLS BRLBET LADEN SOBEL Rooms ennnnennneeernnnnnnnnns nnnnnnnnenttnmnennnnnn samme To: TOL Uso * JRL * nn ann ana nnn ns “genome a JOURNAT ORION POWER’ HOLDINGS NC ORK To: TOL uso * JAL* Os/T3I04 JOURNAL “OFFICE DEPOT INC To: TOL USO * JRL * BRR RENE SE senna ann nnn To: 1. Uso ea oa TSIO4 JOURNAL GUIKSILVER INC 20K "76,493 To: TOL uso * JRL * JOURNAL INC To: TOL, Uso *JAL* eset cennennnnsnn is egnnnennnns ni To: TOLA-uso °JAL ,900 TO: TDL -USD * JAL* SPECTR: DINGS ING Site "38,650 TO: TDL }uso 027 09901/01;12:11 001 v496 EFTA00198230

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT G Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS 25 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) ow TAXPAYER NUMBER ; INVESTMENT ACTIVITY (continued) Last statement July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION OESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/13/01 JOURNAL SOUTH! Sco Luv “10,200 TO: TDL -USD * JAL* ee To: TOL Uso * JRL * nnn monn aR cnn yen 1mm tmmnmmnnn mmm a JOURNAL TIME WARNER TELECOM INC TWIC -6,800 CLASS TIBCO iC TIBX -14; TO: TDL Luso * JRL * TALBOTS} TO: TDL -USD * JRL * TENET HEALT CORP THC "9.250 To: TOL }Uso * JAL* TEXAS | 'S INC TXN -3,400 TO: TDL -USD *JAL* TRANSWiTcE KCC “8,100 TO: TDL -uso * JAL * MO Oe $0 eugeueennennengenngnn (110 gueenesuesgesueegnens (110 gneenesgeneesgesgengg 11) eesenesnesansaeggg THOMAS & i NB “4,750 To: TDL Fuso * JAL* mcnncnscnnn i termennecnen so anpeeneeutapeggeeneeg ee atnncnncnncenscegtnnncne amen To: TOLAE-uso * JRL * 027 09901/01;12:11 001 v496 EFTA00198231

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 26 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Twpaver nuvecr INVESTMENT ACTIVITY (continued) LAST sTATeMENT July 27, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 0a/T3/07 JOURNAL UNITEDGLOBALCOM UCOMA "35,650 LA To: TOLA-uso ome FE ETy EERE TTT ERR CTT TEL CRT = ET eRe To: ToL -uso me Oa TSIO4 JOURNAL “UNIVERSAD HEALTH SERVICES INC HS 6,406 cLB TO: 10. USO oye Oa TSIO4 ViTAIA TECHNOLOGY TNC COM To: ToL Uso o-7oL 0813101 JOURNAL VTEC aii CIR CORP VWisS “4,450 "38,350 TO: TDL USD *JAL* 08/1301 JOURNAL GALL COMCAST-SPL OCT O35 **** EXP 10/20) FROM: TDL| usD tRoM “BUT COMCAST-SPL CCT 035 EXP 10/20/2001 To: 1 Uso Too SBA TS BROS BOUT mn mama EXECUTION BY COWN oeT4iot” “OsOgOT SOLE METHANEX CORP MECH “4,300 6.76240 EXECUTION BY REDI COMMISSION 98,00 SEC FEE 1,11 SPECTRASITE HOLDINGS INC EXECUTION BY FBCO SEC FEE 33 Os/T3I04 33,027 65 3.97700 027 0901/01;12:11 001 v496 EFTA00198232

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BEAR STEARNS 27 of 53 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE 08/14/01 Oa TaIO4 OaTaIO4 Oa TaI04 ORT FOT OBTSIOT DESCRIPTION AT&T CORP LIBERTY MEDIA GROUP = RY 1-1 LIBERTY MEDIA CORP Ww FROM MANDATORY EXCHANGE TO MANDATORY EXCHANGE 1-1 LIBERTY MEDIA COAP We FROM RY EXC! CLA EXECUTION BY REDI COMMISSION 270,00 SEC FEE 51 “METAOMEDIA FIBER NETWORK INC CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 26, 2001 THROUGH August 31,2001 account sumccr Twpaver nuvecr LAST STATEMENT duly 27, 2001 DEBIT AMOUNT CREDIT AMOUNT “ATET CORP LIBERTY MEDIA GROUE 14,788.58 INC CLA EXECUTION BY REDI COMMISSION 46.00 0 SEC FEE INC CLA EXECUTION BY FBCO FEE WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO COMMISSION 189,00 SEC FEE 3.18 0901/01;12:11 001 v496 EFTA00198233

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 28 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/22/01 08/17/01 SOLD — INTERNATIONAL CORP NAV -2,000 36.13540 72,113.39 NEW SEE NOTE "S' ON BACK EXECUTION BY JPHO COMMISSION SEC FEE OR22I0T OTTIOT BOUGHT TOMMY HILFIGER” COAB-GaB EXECUTION BY RHCO COMMISSION 140,00 ORSTGT OSBOOT SOLE ADELPHIA BUSINESS SOLUTIONS RBIZ “1306 331226 INC CLA EXECUTION BY REDI COMMISSION SEC FEE 13. 80826 B5:777-40~ 3.93550 08/23/01 08/20/01 SOLD AMR CORP-DEL AMR -3,600 32.89610 118,155.01 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GSCO COMMISSION 252,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GSCO COMMISSION 217,00 SEC FEE 3.34 EXECUTION BY TWPT SEC FEE 1,58 \VERGYS CORP CVG -3,200 27.49650 EXECUTION BY OPCO COMMISSION 224,00 SEC FEE 2.94 ST CORP- EXECUTION BY SBSH SEC FEE 448 08/23/01 08/20) 08/23/01 ial CLK ChESK “3,600 3727536 {3417760 027 0901/01;12:11 O01 v496 EFTA00198234

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARN S — i 10167 29 of 53 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) a ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/23/01 08/20/01 SOLD CONTINENTAL AIRLINES INC-CL B CAL -1,600 43.25970 69,086.21 EXECUTION BY DAIN COMMISSION 112,00 SEC FEE 2.31 08/23/01 08/20/01 SOLD GOODRICH CORPORATION GR -5,600 34.82760 94,621.05 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DADA COMMISSION 392,00 SEC FEE 6,51 08/23/01 08/20/01 SOLD HCA INC HCA -2,100 46.61480 (FRM HCA-HEALTHCARE COMPANY) EXECUTION BY MSCO COMMISSION 147,00 SEC FEE 27 SF 72581 INC NEW-CL A SEE NOTE "S*' ON BACK EXECUTION BY MSCO COMMISSION 224,00 SEC FEE 2.15 08/23/01 08/20) WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE NORTHWEST AIRLINES CORP EXECUTION BY SLKC 08/23/01 O8/ EXECUTION BY TUCK COMMISSION 248,50 EXECUTION BY SOCO COMMISSION 133,00 SEC FEE 87 027 0901/01;12:11 O01 v496 EFTA00198235

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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 BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 30 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 08/23/01 08/20/01 SOLD SOUTHWEST AIRLINES CO LUV -5,100 18.39530 93,440.90 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RHCO COMMISSION 357,00 SEC FEE 3.13 08/23/01 08/20/01 SOLD TYCO INTERNATIONAL LTD TYC -3,700 52.42840 193,704.61 EXECUTION BY HOWA COMMISSION 259,00 SEC FEE 647 ORSTGT OS BOOT SOLE TENET HEALTHCARE CORB" THE “T3800 $5.01176 (04385:74 08/23/01 08/20/01 SOLD THOMAS & BETTS CORP TNB -1,750 20.41660 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY SOCO COMMISSION SEC FEE ORSTGT OSBOOT SOLE UNIVERSAL HEALTH SERVICES INC is “1300 49:46560 L EXECUTION BY FANA COMMISSION 91,00 SEC FEE 2.15 35,590.35 6h 78773 INC CLA EXECUTION BY REDI VSP 1200 8/31/00,1300 8/16/00 1400 9/15/00, 3400 8/17/00 5000 10/3/00 COMMISSION 246,00 ICAN EAGLE OUTF: YY SING "39440 NEW WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE 027 0901/01;12:11 O01 v496 EFTA00198236

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 31 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/24/01 08/21/01 SOLD OFFICE DEPOT INC ODP -1,800 13.02570 23,322.47 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 108,00 SEC FEE 08/24/01 08/21 SOLD OMNICARE INC ocr -5,900 25.20730 148,290.11 EXECUTION BY MDLD COMMISSION SEC FEE 08/24/01 08/21 SOLD TALBOTS INC TLB -1,200 38.10340 EXECUTION BY BUCK COMMISSION 72,00 SEC FEE ORSEOT ORSSOT SOLE DMC'STRATEX NETWORKS INC” SiN 3,600 16:25600 EXECUTION BY DAIN SEC FEE 08/28/01 08/23/01 SOLD INTERNET SEC SYS INC ISSX -2,400 15.34010 36,728.01 EXECUTION BY INET COMMISSION 72,00 SEC FEE 23 45,635.55 20,4843 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 132,00 7 SEC FEE EXECUTION BY NEED SEC FEE 1,21 027 0901/01;12:11 O01 v496 EFTA00198237

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS 32 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/28/01 08/28/01 BOUGHT oo COMCAST-SPL OCT 035**** OCcOKIG 9 3.20000 2,907.00 XP 10/20/2001 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT ie i) BUT COMCAST-SPL GET O35 *¥4* EXP 10/20/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT ORG ORE CRBS ORB On RDELBUIA BUSINESS SOUUTIONG RE +580 ‘7 3aa18 INC CLA EXECUTION BY REDI VS 8900 01-18-01 COMMISSION SEC FEE EXECUTION BY DBAB SEC FEE CLA EXECUTION BY TWPT EXECUTION BY BUCK COMMISSION EXP 10/20/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT AS OF 08/28/01 027 0901/01;12:11 O01 v496 EFTA00198238

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS 33 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOMT AMOUNT 08/29/01 08/28/01 CANCEL BUY CALL COMCAST-SPL OCT 035**** OCcOKIG 9 3.20000 2,907.00 EXP 10/20/2001 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT A’O SID 08/28/01 TO CXL PREVIOUS BUY EXP 10/20/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT A’O S/D 08/28/01 TO CXL PREVIOUS SELL PUT -SPL OCT 0: EXP 10/20/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT AS OF 08/28/01 INC CLA EXECUTION BY REDI VS 7300 09-28-00 VS 1400 9-28-00 VS 8400 12-14-00 VS1100 1-18-01 COMMISSION 364,00 EXP 09/22/2001 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/29/01 027 0901/01;12:11 O01 v496 EFTA00198239

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 34 of 59 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/30/01 08/29/01 BOUGHT PUT ROYAL CARIBB SEP22.50" ORCLU22 39 0.72500 2,905.50 EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/29/01 08/29/01 JOUGHT PUT CARNIVAL CP SEP 030**** EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT 0.53500 444.00 ~ oe/30i07 OPEN CONTRACT AS OF 08/29/01 EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/29/01 CANCEL SELL ADELPHIA BUSINESS SOLUTIONS ABIZ 18,200 INC CLA EXECUTION BY REDI VS 7300 09-28-00 VS 1400 9-28-00 VS 8400 12-14-00 VS1100 1-18-01 TO CXL PREVIOUS SELL (01 =SOLD ADELPHIA BUSINESS SOLUTIONS ABIZ -8,400 1.96100 INC CLA EXECUTION BY REDI VS 7300 09-28-00 12-14-00 VS1100 1-18-01 ORIGINAL S/D 08/30/01 COMMISSION 168,00 2365 32,7857! Ost O87 16,288 85 027 0901/01;12:11 O01 v496 EFTA00198240

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 35 of 53 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 08/31/01 08/27/01 SOLD ADELPHIA BUSINESS SOLUTIONS ABIZ -9,800 1.82230 17,646.94 LA EXECUTION BY REDI VS 1400 09-28-00 12-14-00 VS8400 1-18-01 ORIGINAL S/D 08/30/01 COMMISSION 196,00 NEW EXECUTION BY RSSF AS OF 08/28/01 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO COMMISSION 276,50 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DRKW COMMISSION 217,00 SEC FEE 3.38 COMCAST CORP-SPECIAL CLA EXECUTION BY MTCO SEC FEE 111 AS OF 08/28/01 seu mneernnnnnee ete EXECUTION BY MSCO COMMISSION 136,50 SEC FEE 2.88 sgappeeennnnnnee seg ee nent etna EXECUTION BY SLKC SEC FEE 1,61 ~"36.84000 33,139.89 osstor"™ 86,017.10 osiatior 027 0901/01;12:11 O01 v496 EFTA00198241

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BEAR STEARNS 36 of 59 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 08/31/01 08/28/01 SOLD DESCRIPTION SPECTRASITE HOLDINGS INC EXECUTION BY LEHM VS 3550 05-22-01 VS 550 6-29-01 VS 2400 5-09-01 SEC FEE 51 AS OF 08/28/01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT July 27,2001 DEBIT AMOUNT GREDIT_ AMOUNT 14,996.89 EXECUTION BY FCAP COMMISSION SEC FEE CLA EXECUTION BY SBSH SEC FEE BRITT CSOT “CANCEL BU EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/30/01 ARIBB SEP22. EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT A’O S/D 08/30/01 TO CXL PREVIOUS BUY EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT AS OF 08/30/01 090101;12:11 O01 v496 444) EFTA00198242

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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 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS 37 of 83 STATEMENT PERIOO July 26, 2001 THROUGH August 31,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST sTATeMENT July 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 08/31/01 08/29/01 CANCEL BUY PUT CARNIVAL CP SEP 030**** QccLUF 8 0.53500 444.00 EXP 09/22/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT A’O S/D 08/30/01 TO CXL PREVIOUS BUY TOTAL $-991,606.48 $4,406,893.38 MONEY FUND ACTIVITY DATE MONDAY TRANSACTION, DESCAIPTION SYMBOUUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/28/01 OPENINGBALANCE 1,638,160.09 08/08/01 BOUGHT AHR ET ASHAEES AHTIQUNG. 0 GTDXX 1,000,000 1.0000 1,000,000.00 DOMESTIC FOLIO FROM: TDL ‘USD * JRL * 08/13/01 JOURNAL THE TREASURERS FUND INC GTDXX -2,638,160.09 DOMES uM PORTFOLIO TO: TOU USD * JRL * a ae SHE iby $,369.13 Gone Sra Pre het Pom FOLIO MONTHLY DIVIDEND REINVESTED Sue " eT yt mma 2S i 1 iia Be sp ttmmoenronmeonee se teneneetneoenroeee eis saretseeneetneeea 1 nceeeareeaee FROM: TDU }USD * JAL* 027 0901/01;12:11 001 v496 EFTA00198243

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 Le INSTITUTIONAL INTERESTS 38 of 53 STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr MONEY FUND ACTIVITY (continued) LAST STATEMENT — July 27, 2001 DATE MO'DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 08/22/01 JOURNAL HEE F NDING. io GTDXX -§,369.13 TO: TOU SD * JRL * DOMESTIC PRIME MUM PORTFOLIO THE TREASURERS"? DOMESTIC PRIME M/M PORTFOLIO ADJ PNL VS BOOKKEEPING ENT * JRL * tb} 08/31/01 CLOSINGBALANCE 4,143,529.22 TOTAL $-2,505,369.13 $2,141 ,248.89 DIVIDENDS DATE DESCRIPTION SYMBOLICUSIP QUANTITY RATE ($) DEBIT AMOUNT CAEDIT AMOUNT 08/01/01 TYCO INTERNATIONAL LTD TY 11,300 0.0125 141.25 REC 07/02/01 PAY REC 07/31/01 PAY FOREIGN TAX WITHHELD 08/20/01 TEXAS INSTRUMENTS INC TXN 4.200 0.0212 89.25 REC 07/31/01 PAY 08/20/01 84.04 TOTAL $-84.04 $790.76 o27 09101/01;12:11 001 va96 EFTA00198244

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 39 of 53 Transaction Detail (continued) INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE [Sp 08/21/01 INTCR AUG 01 TOTAL DEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account numer teaver wwocn LAST STATEMENT July 27, 2001 CREDIT AMOUNT 5,288.07 $5,288.07 MISCELLANEOUS DATE MOIDAY TRANSACTION DESCRIPTION 07/30/01 JOURNAL TO CLOSE LINE JOURNAL CASH 133,277.39 TO CLOSE LINE SER ES TL OS =a eae Ss nsec eet snsomed mss DEBIT AMOUNT CREDIT AMOUNT 133,277.39 *JRL* ADJ PNL VS 8D08324 *JRL* JOURNAL ABI BNL VS 8670205 040.90” *JRL* + JRL* JOURNAL $005249 027 09901/01;12:11 001 v496 EFTA00198245

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 40 of 59 Transaction Detail (continued) MISCELLANEOUS (continued) OATE MOIDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL Sd PNL VS B007005 28,940.51 JRL 08/23/01 JOURNAL ABT BNL VS TST 806i 3836778 * JRL os2ai07 IGUANAT “ADT PNL VS NOS3733 65,154.40 * JRL* oa saioT VOURNAT ic WS 6005: *JRL* *JRL* oa sai0T VOURNAT ABT ENE VS COO7S4S 88,1478 °wAL* oas3i0T NOUANAL “ADT BNE VS POTS337 9173874 bari oseai07 JGUANAT "ADT PNL VS PBEO777 9952796 a 08/23/01 JOURNAL Aout PNL VSL704777 100,340.40 08/23/01 JOURNAL ABTENE VS POG4S06 {63;490'43 * JRL * JRL + > JRL* * JRL + Oa3701"" JGUANAT "AD BNL VS N347887 173/050:42 Part BITRE T RTRWRR m TR 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198246

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 41 of ss Transaction Detail (continued) MISCELLANEOUS (continued) DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT Og/2301 JOURNAL ADJ PNL VS AS42256 114,440.39 “J Osss0T OUANAT AD BNL VS HOO8S77 120,193.04" ime oa esi0T NOUANAL ABT ENE VS AO10183 22'859.48 aati 08/23/01 JOURNAL ic VSESSTE03 rts oa sai0T VOURNAT " wort PRES T23843S {3352633 oas3i0T NOUANAL " mart PAE WS S743353 {3s 6457" oseai07 JGUANAT aon PRES AOSSE4S 150,945:17 08/23/01 JOURNAL di PNL VSiMd07504 153,181.00 08/23/01 JOURNAL ABT ENE VS KOTS056 {6207677 * JRL VS Ho76900 63,4 * JRL + > JRL* * JRL + Oa3701"" JGUANAT ADS PNE'VS 6539723 177897307" Part BIGFOOT RVR “5 TR mane 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198247

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 42 of 53 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT ADJ PNL VSCO07750 * JRL * ABT ENE VS ROGO4SS 17674618 bari ABT PNE'VS HOO631 7768658 ° CREDIT AMOUNT 08/23/01 JOURNAL 176,226.79 08/23/01 JOURNAL 08/23/01 JOURNAL 08/23/01 JOURNAL ic VE NOOSO62 mee “ADT ENE VS POOSESE ims ABTENE VS T00378S BOS OTT 82 ime ABT BNE VS 8077628 204.962 35 me ‘ADI PNL VS 6214776 nh ABT ENE VS AGO4ES2 31952463 * JRL oa sai0T VOURNAT 199,765.29 08/23/01 JOURNAL 08/23/01 JOURNAL 08/23/01 JOURNAL 206,756.73 08/23/01 JOURNAL * JRL + > JRL* * JRL + FANT CLE <a LE KT A *JRL* 08/23/01 JOURNAL 08/23/01 JOURNAL ABTBNE VS U649784 250,979.80 * JRL * 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198248

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 43 of 59 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL ADJ PNL VS AOTS56B 266,613.81 “J Osss0T OUANAT ADT BNL VS G43 7278 374 60884" ime 08/23/01 JOURNAL “ADT PNE VS 1049343 77, 883-43 * JRL* 08/23/01 JOURNAL ic VS R519932 *JRL* *JRL* oa sai0T VOURNAT ADT ENE VS BOOZEE 354/999:63°-" °wAL* oas3i0T NOUANAL ADT ENE VS UOOTETE 373,662.07" bari oseai07 JGUANAT "ADT BNL VS POS6496 38505723 a 08/23/01 JOURNAL soi BNL VS GOO7261 466,912.33 JRL * 08/23/01 JOURNAL ABT ENE VS AG07464 478,602:46 * JRL * JRL + > JRL* * JRL + Oa3701"" JGUANAT "ADT BNL VS 808251 3,662.87 Part CC ae Serre TR 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198249

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 44 of 59 Transaction Detail (continued) MISCELLANEOUS (continued) OATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL ADJ PNL VS C682194 31,004.73 * JRL* ABT ENE VS UO0S054 44,647.54 ime os e3i0T NOURNAL osissio7 NOUANAT ADTENE'VS MOG4267 ° 75,518.00 CVS HOOOSTS *JRL* “ADT ENE VS USS0887 + JRL* *JRL* oa sai0T VOURNAT 150,671.85 oas3i0T NOUANAL osissio7T NOUANAT ABT PNE'VS 4010264 20689468 a oai23/07 JOUANAT ‘ADJ PN VS Ho08318 ar 295,909.17 os ssi0T NOUANAL ABT ENE VS S307608 639,794.30 ime MA -CLA ADJ PNL VS BOOKKEEPING ENT ADJ PNL VS BOOKKEEPING ENT ADJ PNL VS BOOKKEEPING ENT 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 accout Nuecr Taxpayer nuwecr LAST STATEMENT duly 27, 2001 v496 EFTA00198250

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 45 of 53 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT 08/23/01 JOURNAL CREDIT AMOUNT APPLIED MICRO CIRCUITS CORP 127,053.01 ADJ PNL VS BOOKKEEPING ENT + JRL* INC CLA 2D Pu VS BOOKKEEPING ENT 08/23/01 JOURNAL ATaT CORP LIBERTY MEDIA GAGUE 330,074:32 SER A ADJ PNL VS BOOKKEEPING ENT nares SCAN ERLE COTS Re SS BSE NEW ADJ PNL VS BOOKKEEPING ENT aries 08/23/01 JOURNAL 08/23/01 JOURNAL AGERE SVSINC 122/859.48 CLA ADJ PNL VS BOOKKEEPING ENT ari AMA CORB-DEL 266,613.81 ADJ PNL VS BOOKKEEPING ENT ar 08/23/01 JOURNAL 08/23/01 JOURNAL ADELPHIA COMMUNICATIONS CORE 150,945.17 CLA ADJ PNL VS BOOKKEEPING ENT *JRL* OR Ss JOTANAT ALASKA AIA GROUP ING 16924338 ADJ PNL VS BOOKKEEPING ENT agi 08/23/01 JOURNAL ANALOG DEVICES TNC 114,440.39 ADJ PNL VS BOOKKEEPING ENT aris BEVERLY ENTERPAISES INC NEW 35499963 ADJ PNL VS BOOKKEEPING ENT aries 08/23/01 JOURNAL 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198251

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 46 of 59 Transaction Detail (continued) MISCELLANEOUS (continued) MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL BRAUN CONSULTING INC 28,940.51 ADJ PNL VS BOOKKEEPING ENT + JRL* ADJ PNL VS BOOKKEEPING ENT * JRL * ADJ PNL VS BOOKKEEPING ENT *JRL* ADJ PNL VS BOOKKEEPING ENT * JRL * ADJ PNL VS BOOKKEEPING ENT *JRL* ADJ PNL VS BOOKKEEPING ENT + JRL * ADJ PNL VS BOOKKEEPING ENT *JRL* 08/23/01 JOURNAL 206,756.73 177897°30 08/23/01 JOURNAL 08/23/01 JOURNAL GOBER INDUSTHIES Ne 31,00 ADJ PNL VS BOOKKEEPING ENT ADL PN 08/23/01 JOURNAL INS INC 703,56 ADJ PNL VS BOOKKEEPING ENT ag Ai RATEX NETWORKS INC ADJ PNL VS BOOKKEEPING ENT iL BREST USUAL ESSN eT ADJ PNL VS BOOKKEEPING ENT 08/23/01 JOURNAL 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198252

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS a7 of 59 Transaction Detail (continued) MISCELLANEOUS (continued) OATE MO'DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL ENZON INC 124,955.34 ADJ PNL VS BOOKKEEPING ENT + JRL* (FRM B F GOODRICH CO) ADJ PNL VS BOOKKEEPING ENT > JRL * TT INBUSTHIES INC $3,86773 ADJ PNL VS BOOKKEEPING ENT *JRL* ADJ PNL VS BOOKKEEPING ENT *JRL* oazaior JOURNAL ee MANY ING 395,908.17" ADJ PNL VS BOOKKEEPING ENT ag ti SEBT ST USOC BRE SSS mn mn ADJ PNL VS BOOKKEEPING ENT = eggmmmnn nnn cnn nnn sammy emnmnnnnny, mani (FRM HCA-HEALTHCARE COMPANY) ADJ PNL VS BOOKKEEPING ENT *JRL* ADJ PNL VS BOOKKEEPING ENT JRL * HEALTH MANAGEMENT ASSOCIATES seit" INC NEW-CL A ADJ PNL VS BOOKKEEPING ENT aries 08/23/01 JOURNAL “JOURNAL oss” 17768659 120,193.04 08/23/01 JOURNAL 08/23/01 JOURNAL 08/23/01 JOURNAL KMART CORP TZ 07614 ADJ PNL VS BOOKKEEPING ENT bares 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198253

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 48 of 59 Transaction Detail (continued) MISCELLANEOUS (continued) MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL KOHLS CORP 74,631.62 ADJ PNL VS BOOKKEEPING ENT + JRL* ADJ PNL VS BOOKKEEPING ENT * JRL * ADJ PNL VS BOOKKEEPING ENT *JRL* FORMERLY MCLEOD INC ADJ PNL VS BOOKKEEPING ENT *JRL* ADJ PNL VS BOOKKEEPING ENT *JRL* LA ADJ PNL VS BOOKKEEPING ENT * JRL * 08/23/01 JOURNAL 08/23/01 JOURNAL 08/23/01 JOURNAL 153,787.00 107,337.88 MCKESSON CORFE 75 518.00 ADJ PNL VS BOOKKEEPING ENT JRL * MCBATA CORP 187,357:77 CLA ADJ PNL VS BOOKKEEPING ENT * JRL * METHANEX CORP {31 73ae54"" ADJ PNL VS BOOKKEEPING ENT aries 08/23/01 JOURNAL 08/23/01 JOURNAL 08/23/01 JOURNAL NOWA CHEMICALS CORE 178, 20126 ADJ PNL VS BOOKKEEPING ENT bares 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198254

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 49 of 53 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREOIT AMOUNT 08/23/01 JOURNAL NAVISTAR INTERNATIONAL CORP 65,154.40 Ni ADJ PNL VS BOOKKEEPING ENT * JRL* ADJ PNL VS BOOKKEEPING ENT > JRL * BOLG RALBH TAUREN CORP-CLA ADJ PNL VS BOOKKEEPING ENT *JRL* ADJ PNL VS BOOKKEEPING ENT *JRL* “ORION POWER HOLDINGS INC ADJ PNL VS BOOKKEEPING ENT ag ti TE aT BERR BERS cme mn ADJ PNL VS BOOKKEEPING ENT = ‘ngs nnn nnn nnn nnn mn ADJ PNL VS BOOKKEEPING ENT * JRL * BACIFIC SUNWEAR OF CALIFORNIA 14,423.97 INC ADJ PNL VS BOOKKEEPING ENT JRL * ADJ PNL VS BOOKKEEPING ENT *JRL* oa saior JOURNAL EMEC INC 17674618 ADJ PNL VS BOOKKEEPING ENT ag Ai SSSSST OCC USUSNAE CT RSV RL BREST BUSES amr ADJ PNL VS BOOKKEEPING ENT aL 08/23/01 JOURNAL 199, 765:29 “JOURNAL oazaior™ 103,490.43 08/23/01 JOURNAL 335,107.09 91,738.74 oaesor NOUaNAL 08/23/01 JOURNAL 281,994.50 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198255

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 50 of ss Transaction Detail (continued) MISCELLANEOUS (continued) DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL SOLUTIA INC 19,149.59 ADJ PNL VS BOOKKEEPING ENT + JRL* ADJ PNL VS BOOKKEEPING ENT * JRL * ADJ PNL VS BOOKKEEPING ENT . JRL * . ADJ PNL VS BOOKKEEPING ENT * JRL * osissio7 NOUANAT SUN MICROSYSTEMS INC 8,040.90 ADJ PNL VS BOOKKEEPING ENT oR. oa S3i0T YOURNAT "SYMBOL TECHNOLOGIES INE 139,642°S7 foe PN VS BOOKKEEPING ENT eRe TGS INTERNATIONAL 116) $78,928.42 ADJ PNL VS BOOKKEEPING ENT oa sai0T SOUANAL CLASS A ADJ PNL VS BOOKKEEPING ENT * JRL * tot ma TTT A SOE REE TNC eens i stemteatenteneens sev anenecnecneeneens ss eneeneenesnegney su eneeannanennt ADJ PNL VS BOOKKEEPING ENT * JRL * Feyecy me lla 11 7x7 A TAS eee esreseeteee ses smernececencenssesoteneenteneeneesssseneeneeneeneene os eeeneannninniny ADJ PNL VS BOOKKEEPING ENT * JRL + aa eee eae PERET BEALTHCRRE CORB. *teenennnnneesseeene OF, ADJ PNL VS BOOKKEEPING ENT °° 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198256

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 51 of 53 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT 08/23/01 JOURNAL CREDIT AMOUNT TEXAS INSTRUMENTS INC 105,167.04 ADJ PNL VS BOOKKEEPING ENT + JRL* ADJ PNL VS BOOKKEEPING ENT * JRL * ADJ PNL VS BOOKKEEPING ENT *JRL* TOMMY HILFIGER” CORP-GAD 237,070.73 ADJ PNL VS BOOKKEEPING ENT ma 08/23/01 GUANA 08/23/01 JOURNAL UNITEDGLOBALCOM 375,662.04 CLA ADJ PNL VS BOOKKEEPING ENT barat 08/23/01 JOURNAL USA NETWORKS INC 44,641.54 ADJ PNL VS BOOKKEEPING ENT ~ IRL oa estoT NOUANAL UNITED AETAIL GROUP ING 150.671.95 ADJ PNL VS BOOKKEEPING ENT oor oaesor NOUaNAL UNIVERSAL HEALTH SERVICES ING 250,979.80 cLB ADJ PNL VS BOOKKEEPING ENT * JRL * 08/23/01 JOURNAL ViTBIA TECHNOLOGY INC 773,303.08 com ADJ PNL VS BOOKKEEPING ENT aries VITESSE SEMICONDUCTOR CORP FF 07237 ADJ PNL VS BOOKKEEPING ENT bares 08/23/01 JOURNAL 027 0901/01;12:11 O01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 28, 2001 THROUGH August 31,2001 account sumccr rwraver maccn LAST STATEMENT duly 27, 2001 v496 EFTA00198257

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 52 of 53 STATEMENT PERIOO July 28, 2001 THROUGH August 31,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MISCELLANEOUS (continued) LAST STATEMENT July 27, 2001 DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/23/01 JOURNAL CALL COMCAST-SPL OCT 035**** 3,662.87 EXP 10/20/2001 ADJ PNL VS BOOKKEEPING ENT * JRL * EXP 10/20/2001 ADJ PNL VS BOOKKEEPING ENT * JRL * JOURNAL GASH "2'252.366.61 TO CLOSE LINE TOTAL $-19,533,616.48 $17,397,736.72 SBES 36661 Trades Executed Pending Settlement OATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/04/01 08/29/01 SOLD ADELPHIA BUSINESS SOLUTIONS ABIZ -4,300.00 1.7852 7,575.10 INC CLA BOUGHT AMERICAN EAGLE OUTFITTERS INC NEW CITIZENS COMMUNICATIONS CO cZN SOLD CITIZENS COMMUNICATIONS CO cZN 09104101 O8i29/07 SOLD TALBOTS INC 25.6592 59,031.16 10.7500 7467.74 81,226.27 37.3117 14,028.42 09/05/01 08/30/01 "BOUGHT AMERICAN EAGLE OUTFITTERS ING ‘AEOS 1,500.00 25.0672 37,615.80 NEW 027 0901/01;12:11 O01 v496 EFTA00198258

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | INSTITUTIONAL INTERESTS 53 of 59 STATEMENT PERIOO July 26, 2001 THROUGH August 31,2001 . account numccr = Trades Executed Pending Settlement (continued) Taxpayer numer LAST STATEMENT duly 27, 2001 SETTLEMENT TRADE DATE OaTE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 09/05/01 08/30/01 SOLD OFFICE DEPOT INC ODP -3,900.00 13.8700 53,803.19 WITH RIGHTS TO PURCHASE PREFRD 09/05/01 SOLD TALBOTS INC TLB 36.8059 TOTAL $96,646.96 $231,875.97 The above trades do not appear in any other section of this stalement f-™ (stoP| ****** End of Statement™***** V7 027 0901/01;12:11 001 v496 EFTA00198259

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Seay, Stewme Securities Co Bear, Stearns & Co. Inc. Gre Metatech ‘Conter Nor BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 . account numccr = What’s In This Statement || PP | ery end eee vaxpayer nuveer LAST STATEMENT June 29, 2001 3 INSTITUTIONAL INTERESTS Financial Summary , C/O FINANCIAL TRUST COMPANY Your Portfolio Holdings . . 4 . . ATTN JEANNE BRENNAN Transaction Detail .....usssseeenees 8 Fund Activity sssersessean » 16 @ Trades Not Yet Settled ., Your Portfolio at a Glance Market Value of Your Portfolio 531,607 TOTAL VALUE OF SECURITIES THIS PERIOD 14,630,025 “ash & Equivalent Es: 521 50 NET CREDIT BALANCE 1,893,447 cauitis 14,630,025 MONEY MARKET FUND BALANCE 1,638,160 B $15,546,577 aeeeneeenennenen sss) seeneeesensenennsennesss) aeneeenennnnens fe] Current market value einai BE. Last statement's market value NET EQUITY LAST STATEMENT 18,744,462 CHANGE SINCE LAST STATEMENT -582,831 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document This statement should be retamed for your records. See reverse side for important information o27 07/2801;11:43 001 v4a2 EFTA00198260

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2 of 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/2801;11:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198261

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $1,564,698. at Securities Sold 2,917,185.59 Money Fund 4,973.36 Dividends/Interest 10,287.93 Miscellaneous 313,677.09 Amount Cr Securities Bought Money Fund -4,973.36 Funds Withdrawn -23,490.77 Miscellaneous -313.712.09 Amount Debited Net Cash Activity 328,748.32 Cash Balance Summary ores cto sing Cash 202,535.13 0.00 Margin 1,362,163.28 1,893,446.73 Net Cash Balance $1,564,698.41 $1,893.446.73 New York, New York 10167 Income Summary THiS PERIOD Dividends 11,086.86 Substitute Payment 0.00 Credit Balance Int. 4174.43 LO lin Short Dividends 0.00 Foreign Tax Withheld 0.00 Margin Int. Paid 0.00 Portfolio Composition Cash/Cash Equivalent Equities Total CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 3 of 8 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 account sumccr rwraver maccn LAST STATEMENT June 29, 2001 YEAR TO DATE 88,912.68 630.00 38,496.16 $128,038.84 3,531,607 14,630,025 oeee Your Portfolio Allocation $18,161,632 027 Cash & Equivalent 20% 80% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 07/2801;11:43 001 v4a2 EFTA00198262

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 oe Your Portfolio Holdings CASH & CASH EQUIVALENTS ESTIMATED DESCRIPTION SYMBOLCUSIP QUANTITY PRICE ANNUAL INCOME CASH BALANCE THE TREASURERS FUND INC GTDXX 1,638,160.09 1.0000 1,638,160 54,059 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,531,607 $54,059 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIFTION SYMBOUCUSIP TYPE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ALPHARMA INC-CL A ALO MRGN 13,800 28.5000 393,300 2,484 0.6316 ACTY INC IATY MRGN 22,300 2.3800 53,074 ALLEGIANCE TELECOM INC ALGK MRGN 13,400 14.1000 188,940 INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 15.7500 595,350 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 9,950 37.5300 373,424 NEW AGERE SYS INC AGRA MRGN 15,850 5.7000 90,345 CLA ‘AMR GORP-DEL AMA MAGN 7550 34-8000 262.740 ADELPHIA COMMUNICATIONS CORP ADLAC MAGN 14.354 36.8000 528.297 CLA ALASKA AIR GROUP INC MRGN 6,200 30.6400 189,968 027 07/2801;11:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 THROUGH ACCOUNT NUMBER July 27, 2001 Taxpayer nuwecr LAST STATEMENT v4a2 June 29, 2001 EFTA00198263

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 8 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE PRICE VALUE ANNUAL INCOME YELD (%} ANALOG DEVICES INC ADI MRGN 47.0000 183,300 BEVERLY ENTERPRISES INC NEW BEV MRGN BRAUN CONSULTING INC BRNC MRGN CITIZENS COMMUNICATIONS CO CZN MRGN CAPSTONE TURBINE CORP CPST MRGN 12.0500 74,710 CONVERGYS CORP CVG MRGN 3,200 31.6400 101,248 82.830 12.7100 467,728 12731 CARNIVAL CORP-CL A ccL MRGN 7,450 32.9900 245.776 3.129") DMC STRATEX NETWORKS INC STXN MRGN EDISON INTERNATIONAL EIX MRGN ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN ENZON INC ENZN MRGN GOODRICH CORPORATION GA MRGN (FRM B F GOODRICH CO) ITT INDUSTRIES ING itt MAGN 2,600 43.8300 173.958 1560 1/3689 “3675 2.0070 14.1900 "300,079 1.2100 61,831 62.2500 93.375 35.4000 293,820 9.130 34073 HONEYWELL INTL INC HON MAGN 37.3700 483.113 I-MANY INC IMNY MRGN 26,000 5.9700 155,220 INTERNET SEC SYSINC ISSX MRGN 4,850 23.1000 112.035 HCA INC HCA MAGN 12,100 44/9500 543.895 968 0.1780 (FRM HCA-HEALTHCARE COMPANY) HARRIS CORP-DEL HRS MRGN 9,350 29.9500 380.033 1870 0.6678 027 07/2801;11:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 THROUGH ACCOUNT NUMBER July 27, 2001 rwraver maccn LAST STATEMENT v4a2 June 29, 2001 EFTA00198264

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 6 of 8 Your Portfolio Holdings (continued) Equities & Options (continued) AcCT NANRKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} HEALTH MANAGEMENT ASSOCIATES HMA MRGN 16,150 18.8900 305,074 IN TYONDELL CHEMICAL COMPANY i¥o MAGN MCLD MRGN MCLEODUSA INC-CL A FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN METROMEDIA FIBER NETWORK INC MFNX MRGN CLA 038 CLA METHANEX CORP MRGN 10,200 62,730 6.1500 ooP MRGN ‘OFFICE DEPOT INC ‘OMNICARE INC OCR MRGN PACIFIC SUNWEAR OF CALIFORNIA PSUN MAGN INC 0.3636 24.7500 470.250. “L710 027 07/2801;11:43 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 July 27, 2001 account sumccr rwraver maccn June 29, 2001 THROUGH LAST STATEMENT v4a2 EFTA00198265

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 7 of 18 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Your Portfolio Holdings (continued) ——— vaxpayer wumeer LAST STATEMENT June 29, 2001 Equities & Options (continued) ACCT DESCRIPTION SYMBOLICUSIP TE QUIKSILVER INC 20K MAGN REMEC INC REMC MRGN ROVAL CARIBBEAN CRUISES LTD RCL MAGN 13.500 23.2500 313.875 SOLUTIA INC Sol MRGN 6,700 ‘ 13.5400 90,718 268 0.2954 220,800 0 85,383 NAARKET ESTIMATED CURRENT VALUE ANNUAL INCOME YELD (%) 7,020 2.2366 SPECTRASITE HOLDINGS INC SITE MRGN SENSORMATIC ELECTRONICS CORP SRM SOUTHWEST AIRLINES CO LUV MRGN 40.200" ¥9"4500 198.390 184 0.0927 146,370 357 0.2439 TEXAS INSTRUMENTS INC TKN MAGN 4.200 TRANSWITCH CORP TXCC MRGN 8,100 THOMAS & BETTS CORP TNB MRGN UNITEDGLOBALCOM UCOMA MRGN CLA USA NETWORKS INC USAl MRGN 5,400 28.0200 151,308 10.3900 173,513 65.529. 21.6400 37,870 6.2800 223.882 UNITED RETAIL GROUP INC UARGI UNIVERSAL HEALTH SERVICES INC UHS MRGN 6,400 48.5500 310,720 cLB 027 07/2801;11:43 001 v4a2 EFTA00198266

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS 8 of 8 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 account wuuccr Taxpayer nuwecr LAST STATEMENT June 29, 2001 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT NANRKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} VITRIA TECHNOLOGY INC VITR MRGN 28,350 3.9600 112.266 c VITESSE SEMICONDUCTOR CORP VTSS MRGN 5,250 19.3200 101.430 Total Equities& Options $14,630,025 $56,618 TOTAL EQUITIES $14,630,025 $56,618 YOUR TOTAL ESTIMATED ANNUAL INCOME $110,677 YOUR PRICED PORTFOLIOHOLDINGS $18,161,631 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/02/01 06/27/01 SOLD I-MANY INC IMNY -14,500 16.11890 233,266.25 EXECUTION BY INET COMMISSION 435,00 EXECUTION BY FBCO 027 07/2801;11:43 001 v4a2 EFTA00198267

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 8 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/03/01 06/28/01 SOLD |-MANY INC IMNY -4,000 14.80000 59,183.02 EXECUTION BY JPHO SEC FEE 1,98 CLA EXECUTION BY COWN COMMISSION SEC FEE O7i05I01" C6977 BOUGHT hCBATA CORE _ McoTA 1,600 18.6606 19,315.00" CLA EXECUTION BY TWPT 07/05/01 06/29/01 SOLD QUIKSILVER INC 20K -1,500 24.68330 EXECUTION BY BUCK COMMISSION SEC FEE 67/05/01 Oe/29/01 BOUGHT SPECTRASITE HOLDINGS ING SITE 9,000 651000 58,605.00 EXECUTION BY TWPT C7051 C6907" BOUGHT TIMBERLAND “CO-cr'A™ EXECUTION BY BUCK COMMISSION 144,00 OFT OF ROT SOB “CHILDRENS BLACE RETAIL Si INC a yg ne 36,918.72 39.06950 93/925 80" oi RES BCE “4,150 3678576 TTT T4796 EXECUTION BY FBCO SEC FEE 371 AS OF 07/02/01 OFT OF 0RIOT BOUGHT AMERICAN EAGLE GUTFITTERS NC NEW EXECUTION BY RSSF OFT OF ROTSOLB TOMMY HILFIGER COAP-GA5 Toit 5:500 14-7668 8377693 EXECUTION BY BUCK COMMISSION 354,00 SEC FEE 2,79 OFiOSIET OF SIOT BOUGHT AMERICAN EAGIE OUTFITTERS INC BESS 2:36 3761750 a2 77350" NEW EXECUTION BY RSSF 3683660 327,860.74" 027 07/2801;11:43 001 v4a2 EFTA00198268

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 18 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/09/01 07/03/01 BOUGHT EDISON INTERNATIONAL EIx 7,900 11.88750 94,400.25 EXECUTION BY BUCK COMMISSION 474,00 EXECUTION BY BUCK COMMISSION SEC FEE OFTGIET OF 0SOT BOUGHT MANY INC iMNY 7306 8.34420 6013766 EXECUTION BY COWN “ALPHARMA ING-CDR” ite) 1,300 34°000060 31,306:00" EXECUTION BY COWN COMMISSION 91,00 EDISON INTERNATIONAL “ EK 6,200 12°96000 80/807'00" EXECUTION BY COWN COMMISSION 434,00 OFTTET OFT SOLE NAUTICA ENTERPRISES NC” NAT “7,600 18:76256 19,086 86 EXECUTION BY SBSH SEC FEE 64 ST CORP- EXECUTION BY MONT ERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE i RRR CXS CT REE SE TE ortier OFT TOTS ial LK CMCSK 4,500 3879626 TFT 887390 OFT 'S 630 TEAS INC NEW EXECUTION BY INCA COMMISSION 12,00 SEC FEE 50 AS OF 07/10/01 ““ABERCHOMBIE “E FITCH CO-CL'A ANF -10,200 3883120 395,336.03 EXECUTION BY TUCK COMMISSION 714,00 SEC FEE 13,21 OFeIOT" 027 07/2801;11:43 001 v4a2 EFTA00198269

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 11 of 16 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 07/16/01 07/11/01 SOLD ENZON INC ENZN -1,600 54.21280 86,722.58 EXECUTION BY COWN SEC FEE 2,90 AS OF 07/11/01 INRANGE TECHNOLOGIES CORE iNRE "F350 74-68586 cLB EXECUTION BY SBSH SEC FEE 41 EXECUTION BY MSCO COMMISSION 238,00 SEC FEE TOT SOs WCKESSON HBOS INC ™ KicK “3;400 3674586 COM EXECUTION BY JPHO COMMISSION SEC FEE SOL5 MCBATA CORP hcoTA “7,606 16.60000 15,984-46 CLA EXECUTION BY TWPT SEC FEE {6210364 1600S 38,777 38 co a) {24,678.55 OFT 'S 07/16/01 0 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 114,00 EXECUTION BY BUCK COMMISSION 30,00 EXECUTION BY BUCK COMMISSION SEC FEE ABS TONE TURE EXECUTION BY TWPT 027 07/2801;11:43 001 v4a2 EFTA00198270

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 16 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/17/01 07/12/01 BOUGHT CONVERGYS CORP CVG 3,200 27.47150 88,147.80 EXECUTION BY PRUS COMMISSION 224,00 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF COMMISSION 175,00 07/17/01 07/12/01 BOUGHT HONEYWELL INTL INC HON 3,900 35.98810 140,641.59 SEE NOTE *S' ON BACK EXECUTION BY TWPT COMMISSION 273,00 OFF OF BOT BOUSHT INTERNET SEC S¥SING ™ issX 2.400 3638716 63'344'04"" EXECUTION BY RSSF AS OF 07/12/01 “07/1201 BOUGHT NCDATA CORP MCBTA 450 1664000 7'503.00 CLA EXECUTION BY TWPT “O7/ZI01 BOUGHT SYMBOL TECHNOLOGIES INC SBL 4,450 {9.15670 85,573.82 EXECUTION BY MLCO COMMISSION 311,50 “O7/2I01 BOUGHT TIBCO SOFTWARE ING Tigx 1500 12'36000 18,405.00" EXECUTION BY COWN UNITEDGIOBALCOM UCOMA 13,360 6.31316 8145333" CLA EXECUTION BY SBSH TIMBERLAND CO-CLA TBL -1,100 40.64560 44,627.66 EXECUTION BY BUCK COMMISSION 66,00 SEC FEE 1,50 ICAN EAGLE OUTFITTERS INC neEos “2,600 40.47296 O7t7I0% O7/T7i07 O7/T7i07 70/1) o7ieioT™ 80,928.16 07/19/01 NEW EXECUTION BY RSSF SEC FEE 2,70 027 07/2801;11:43 001 v4a2 EFTA00198271

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of 18 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/19/01 07/16/01 SOLD TIMBERLAND CO-CLA TBL -4,900 40.35640 197,381.76 EXECUTION BY UBSW VS 2500 06-21-01, 2400 06-29-0 1 COMMISSION 343,00 SEC FEE 6,60 OF20I0T OFTFIOT BOUGHT APPLIED MICRO CIRCUITS CORP AMEE 1,000 1759000 17,605°00"" EXECUTION BY FBCO 07/20/01 07/17/01 BOUGHT ANALOG DEVICES INC ADI 2,100 42.15500 88,687.50 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN COMMISSION 147,00 OFBCT OF TIOT BOUGHT INTERNET SEC S¥SING EXECUTION BY RSSF 720101 O77I0T BOUGHT NAVISTAR INTERNATIONAL CORP NAV 2,000 32.49970 65,154.40 NEW SEE NOTE "S* ON BACK EXECUTION BY JPHO COMMISSION 140,00 07/17/01 BOUGHT TEXAS INSTRUMENTS INC TXN 2,650 31.73030 84,285.80 SEE NOTE "S* ON BACK EXECUTION BY COWN COMMISSION 185,50 33°72006 BF 87100 O7F/20i04 EXECUTION BY UBSW COMMISSION 322,00 SEC FEE 6.10 CLA EXECUTION BY SBSH OF TIOT BOUGHT ViTESSE SEMICONDUCTOR CORP Viss 4,000 1786500 71,475.00 ~ EXECUTION BY MONT 720704 027 07/2801;11:43 001 v4a2 EFTA00198272

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 14 of 18 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) ween Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/23/01 07/18/01 SOLD ADELPHIA COMMUNICATIONS CORP ADLAC -3,800 38.62700 146,762.70 CLA EXECUTION BY JPHO SEC FEE 4,90 07/23/01 07/18/01 SOLD BARR LABORATORIES INC BRL -1,200 79.55000 EXECUTION BY BUCK COMMISSION SEC FEE 07/24/01 07/19/01 BOUGHT ANALOG DEVICES INC ADI 1,800 42.25450 76,199.10 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN COMMISSION 126,00 07/24/01 07/19/01 SOLD BARR LABORATORIES INC BRL -1,150 80.44930 EXECUTION BY BUCK COMMISSION SEC FEE OFT OTST BOUGHT INTERNET SEC S¥SING EXECUTION BY FBCO OF24I0T OFSOT BOUGHT MCBATA CORP MCA 3°600 1710676 61 ssi" CLA EXECUTION BY TWPT “OTSOT SOLE NAUTICA ENTERPRISES INC NAUT “8,150 1634440 EXECUTION BY MONT SEC FEE 445 OFB4IOT OTST BOUGHT BACIFIC” SONWEAR OF CALIFOANIA EXECUTION BY RSSF OFBEET OTSIOT SOLE TALBOTS INC ii) “T8066 43'93516 EXECUTION BY UBSW COMMISSION 126,00 SEC FEE 2,64 07/24/01 07/19/01 BOUGHT TEXAS INSTRUMENTS INC TXN 1,550 32.50000 50,498.50 SEE NOTE *S* ON BACK EXECUTION BY COWN COMMISSION 108,50 9536981 92,4396 33'54500 32,378.00 {33/7874 O7i2ai0T" 33°73196 8307665" 7893954 027 07/2801;11:43 001 v4a2 EFTA00198273

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of 18 STATEMENT PERIOD June 30,2001 THROUGH duly 27, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT June 29, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 07/24/01 07/19/01 SOLD TIMBERLAND CO-CLA TBL -3,650 35.16460 128,076.01 EXECUTION BY UBSW COMMISSION 255,50 SEC FEE 4.28 B4i01 OFTSOT BOUGHT VITESSE SEMICONDUCTOR CORP EXECUTION BY RSSF WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FACT COMMISSION 553,00 EXECUTION BY FBCO COMMISSION 77,00 SEC FEE 53 07/24/01 BOUGHT COOPER INDUSTRIES INC CBE 500 39.76400 19,932.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO COMMISSION 35,00 07/24/01 BOUGHT HONEYWELL INTL INC SEE NOTE "S* ON BACK EXECUTION BY DAIN COMMISSION 1846676 33,098 38" o: TC Cr RERRRRERERER TC ERR 9 o7iseI0T" O7/27i01 3656000 37,045 .60"" ora7i6t"" COM EXECUTION BY JPHO COMMISSION 196,00 SEC FEE EXECUTION BY TUCK COMMISSION 56,00 SEC FEE 1.15 TOTAL $-2,575,199.43 $2,917,185.59 oz? 07/28/01;11:43 001 vaa2 EFTA00198274

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 BEAR STEARNS 16 of 18 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 THROUGH July 27, 2001 Transaction Detail (continued) ACCOUNT NUMBER Taxpayer nuwecr DEPOSITS AND WITHDRAWALS LAST STATEMENT DATE 07/17/01 TRANSACTION CHECK DESCRETION CK #MT338354 FEES FR 7/1/01-9/30/01 BUCKINGHAM CAPITAL DEBIT AMOUNT 23,490.77 CREDIT AMOUNT TOTAL $-23,.490.77 MONEY FUND ACTIVITY DATE MO/DAY 06/30/01 TRANSACTION DESCAIPTION OPENINGBALANCE SYMBOUCUSIP QUANTITY 1,633,186.73 PRICE CEBIT AMOUNT CAEDIT AMOUNT o7za0r" ‘DIVIDEND THE TREASURERS FUND INC 497536 DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND “REINVEST o7i2ai0T" 4973.36 THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO CLOSINGBALANCE 1,638,160.09 $-4,973.36 $4,973.36 DIVIDENDS DESCRIPTION SYMBOUCUSIP GOODRICH CORPORATION GR {FRM B F GOODRICH CO) REC 06/04/01 PAY 07/02/01 “TT INDUSTRIES INC REC 05/25/01 PAY 07/01 QUANTITY 11,100 RATE ($) 0.2750 CERT AMOUNT CAEDIT AMOUNT 3,052.50 8200 0.1500 o7iezior™ 027 07/2801;11:43 001 v4a2 June 29, 2001 EFTA00198275

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of 16 STATEMENT PERIOD June 30, 2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER July 27, 2001 Twpaver nuvecr DIVIDENDS (continued) LAST STATEMENT DATE DESCRIPTION SYMBOUOUSIF QUANTITY RATE (8) DEBIT AMOUNT CAEDIT AMOUNT 07/02/01 MCKESSON HBOC INC MCK 12,000 0.0600 720.00 com REC 06/04/01 PAY 07/02/01 OFOBOT THOMAS > a BETYE CORE™ 1:750 o7i27101 ‘ALPHARMA INC-CLA REC 07/13/01 PAY 07/27/01 13,800 0.0450 TOTAL $6,113.50 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (%) CeBIT AMOUNT CREDIT AMOUNT 07/23/01 INTCR [| JUL 01 4,174.43 TOTAL $4,174.43 MISCELLANEOUS DATE MavDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/09/01 _ JOURNAL 06/01 GUA CHG 25 2S: 00 + JRL * + JRL* TOTAL $-313,712.09 $313,677.09 027 07/2801;11:43 001 v4a2 dune 29, 2001 EFTA00198276

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 18 of 18 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 30,2001 THROUGH July 27, 2001 Trades Executed Pending Settlement wombs heaven i] LAST STATEMENT June 29, 2001 SETTLEMENT TRADE DATE OATE 7001 67/30/01 67/30/01 07/30/01 o7i3001 TRANSACTION DESCRIPTION SYMBOLICUSIP AUN CONSULTING I DEBIT AMOUNT CREDIT AMOUNT 75,090.49 81,155.39 vinnie 3.4021 33,482.72 ven nnn MCKESSON HBOS INC COM wr vm sr wm vss inns wr rns ve verses me vn st ve vegans mn TOTAL $136,867.55 $667,859.12 The above trades do not appear in any ather section of this statement STOP: **e*** End of Statement™***** —/ 027 07/2801;11:43 001 v4a2 EFTA00198277

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Seay, Stewme Securities Co Bear, Stearns & Co. Inc. Gre Matatech ‘Conter Nor BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26,2001 THROUGH June 29, 2001 What’s In This Statement Hasalbssbeelslsssahil vonavea mone ; 3 INSTITUTI L INTERESTS LAST STATEMENT May 25, 2001 C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN Financial Summary , Your Portfolio Holdings . . 4 Transaction Detail .....usssseeenees 8 Fund Activity vssenseses . 20 Trades Not Yet Settled ., Ny nN Your Portfolio at a Glance Market Value of Your Portfolio 3,197,885 TOTAL VALUE OF SECURITIES THIS PERIOD 15,546,577 Cash & Equivalent EES oy bee NET CREDIT BALANCE 1,564,698 ' Equities 546,577 MONEY MARKET FUND BALANCE 1,633,187 $16,798,667 Ann nne ne enenenen ses | aeenenennenennenenenn ess) ennnnnnnnnenens fie] Current market value inner BEG Last statement's market value NET EQUITY LAST STATEMENT 19,870,263 CHANGE SINCE LAST STATEMENT -1,125,801 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document This statement should be retained for your records. See reverse side for important information o27 07101101,02:12 001 v4a1 EFTA00198278

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2 of 22 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198279

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BEAR STEARNS 3 of 22 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis THIS PERIOD OpeningBalance $1,444,600.22 Securities Sold 3,796,687.98 Money Fund 1,006,190.49 Dividends/Interest 11,875.24 Amount Credited $4,814.753.71 Securities Bought -3,239,165.03 Money Fund -1,006.190.49 Funds Withdrawn -448.939.00 Miscellaneous -361.00 Amount Debited nserreerereeeeent Net Cash Activity 120,098.19 Cash Balance Summary OPENING CLOSING Cash 88,716.86 202,535.13 Margin 1,355,883.36 1,362,163.28 Net Cash Balance $1,444,600.22 $1,564,698.41 Income Summary THiS PERIOD YEAR TO DATE Dividends 13,286.02 77,825.82 Substitute Payment 0.00 630.00 Credit Balance Int. 4,779.71 34,321.73 Short Dividends 0.00 -144.50 Foreign Tax Withheld -156.00 361.22 Margin Int. Paid 0.00 -47.91 Portfolio Composition Cash/Cash Equivalent 3,197,885 Equities 15,546,577 Total $18,744,462 027 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 June 29, 2001 account sumccr rwraver maccn May 25, 2001 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent. 18% Equities 82% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, yaar EFTA00198280

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of 22 Your Portfolio Holdings CASH & CASH EQUIVALENTS ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME CASH BALANCE THE TREASURERS FUND INC GTDXX 1,633,186.73 1.0000 1,633,187 55,528 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,197,885 $55,528 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE MRGN 10,200 44.5000 453,900 ALPHARMA INC-CL A ALO MRGN 12,500 27.2500 340,625 2,250 0.6606 ACTY INC lATV MRGN 22.300 3.3300 74.259 ADI INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 17.4900 661,122 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 1,350 35.2400 47,574 NEW AGERE SYS INC AGRA MRGN 22,650 7.5000 169,875 CLA AMR CORP-DEL AMR MRGN 7,550 36.1300 272,782 ADELPHIA COMMUNICATIONS CORP ADLAC MRGN 18,154 41.0000 744,314 CLA 027 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH ACCOUNT NUMBER June 29, 2001 rwraver maccn LAST STATEMENT vat May 25, 2001 EFTA00198281

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 22 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) ALASKA AIR GROUP INC ALK MRGN 6,200 28.9000 179,180 BEVERLY ENTERPRISES INC NEW BEV MRGN 49,800 10.7000 532,860 BRAUN CONSULTING INC BRNC MRGN 11,000 8.0500 88,550 ‘CAPSTONE TURBINE CORP CPST MRGN 5,150 22.4900 GARNIVAL CORP-CL A cet MAGN 77450 30.7000" 174.838 228715. 3.129 43681 CONTINENTAL AIRLINES INC-CLB CAL MRGN 3,550 49.2500 ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN 51,100 ENZON ING ENZN MAGN 3.100 62.5000 493.750. GOODRICH CORPORATION Ga MAGN 8.300 37.9800 315.234 9.130 2.8963 (FRM B F GOODRICH CO) ITT INDUSTRIES INC iT MRGN 2,600 44.2500 115,050 1,560 1.3559 HEALTH MANAGEMENT ASSOCIATES HMA MRGN 16,150 21.0400 339,796 INC NEW-CL A K MART CORP KM MRGN 22,600 11.4700 259,222 027 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH ACCOUNT NUMBER June 29, 2001 rwraver maccn LAST STATEMENT yaar May 25, 2001 EFTA00198282

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 6 of 22 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION LZ CLAIBORNE INC uz MRGN LYONDELL CHEMICAL COMPANY LYO MRGN MCLD MRGN ESTIMATED ANNUAL INCOME ACCT SYMBOLICUSIP TYPE MCLEODUSA INC-CL A FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN METROMEDIA FIBER NETWORK INC MFNX MRGN CLA MCKESSON HBOC INC McK MRGN 38,352 334,080 37-1200 POLO RALPH LAUREN CORP-CL A RL QUANTA SERVICES INC MRGN ORION POWER HOLDINGS INC MRGN 12300 OMNICARE INC OCR QUIKSILVER INC ZOQK MRGN REMEC INC REMC MRGN MRGN 78,242 22.0400 23.8100 292,863 20.2000 383.800 25.0000 437.300 | 12.4000 226,300 027 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 June 29, 2001 account sumccr rwraver maccn May 25, 2001 THROUGH LAST STATEMENT yaar EFTA00198283

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 7 of 22 Your Portfolio Holdings (continued) Equities & Options (continued) ESTIMATED ANNUAL INCOME 184 CURRENT YELD (%) 0.0976 ACCT DESCRIPTION SYMBOLICUSIP TE SOUTHWEST AIRLINES CO Luv MRGN ‘SUNMICAOSYSTEMS INC SUNW MRGN TYCO INTERNATIONAL LTD TY MRGN 11,300 TIME WARNER TELECOM INC TwIc MRGN CLASS A TIBCO SOFTWARE INC TIBX MRGN TALBOTS INC MRGN TENET HEALTHCARE CORP MAGN 0.0917 54.5000 615.850 | 565 201,120 33.5200 159,625 43.7500 476,875 51.5900 477.208 10.7500 22.0700 39.5100 468,194 0.7314 3,488 THe 87.075 38,623 TRANSWITCH CORP TXCC MRGN THOMAS & BETTS CORP TNB MRGN TBL MAGN 1,960 5.0747 TIMBERLAND CO-CLA cLB 28,350 MRGN 3.4400 97,524 VITRIA TECHNOLOGY INC com Total Equities& Options TOTAL EQUITIES VITR $15,546,577 $15,546,577 $53,449 $53,449 07/01/01,02:12 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 June 29, 2001 account sumccr rwraver maccn May 25, 2001 THROUGH LAST STATEMENT yaar EFTA00198284

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of 22 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 account sumccr Twpaver nuvecr Your Portfolio Holdings (continued) LAST STATEMENT —-May 25, 2001 YOUR TOTAL ESTIMATED ANNUAL INCOME $108,977 YOUR PRICED PORTFOLIOHOLDINGS $18,744,462 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT_ AMOUNT 05/29/01 05/23/01 BOUGHT BARR LABORATORIES INC BRL 3,700 62.00000 229,415.00 EXECUTION BY MONT AS OF 05/23/01 OHLS EXECUTION BY DAIN COMMISSION 28,00 SEC FEE 88 EXECUTION BY NITE KSS 500 36,0982 24,404. 5 iC SUNWEAR OF CALIFOANIA -16890 INC EXECUTION BY RSSF SEC FEE 2.51 QUIKSILVER INC ZQK -1,000 EXECUTION BY DBAB COMMISSION 70,00 SEC FEE 95 600 027 07/010102:12 001 v4at EFTA00198285

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 22 STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/29/01 05/23/01 SOLD SPX CORP SPW -1,400 118.62810 165,960.80 EXECUTION BY MDLD COMMISSION SEC FEE OSSS0T OSS30T BOUGHT UNITEDGIOBALCOM ™ UCOMA 2:300 15.06000 43,689.60" CLA EXECUTION BY NITE OSSCI6T OSSa70T BOUGHT AMERICAN EAGIE OUTFITTERS INC REGS 2500 36.50756 9238375" NEW EXECUTION BY RSSF OS/s0/0T OS/24/07"" SOLD CABSTONE TURBINE CORP CPST “B°650 "3387570 EXECUTION BY FBCO SEC FEE 3,00 INRANGE TECHNOLOGIES CORP iNAG “7,800 18:76800 cLB EXECUTION BY SBSH SEC FEE 1.19 05/30/01 05/24/01 SOLD KOHLS CORP KSS -1,600 65.20000 EXECUTION BY TUCK COMMISSION 112,00 SEC FEE 3.48 05/30/01 05/24/01 SOLD QUIKSILVER INC ZQK -1,200 27.17090 32,516.99 EXECUTION BY BUCK COMMISSION 72,00 SEC FEE 1,09 05/30/01 05/24/01 SOLD SPX CORP SPW -900 118.09580 EXECUTION BY MDLD COMMISSION SEC FEE OSSCIOT Osa BOUGHT TALBOTS WNC ii) 1,500 37'50350 56.375.25" EXECUTION BY TUCK COMMISSION 105,00 05/30/01 05/24/01 SOLD TIMBERLAND CO-CLA EXECUTION BY BUCK COMMISSION SEC FEE 89,752.61 Osisoi0T OS2ai07 35,566 21 104, 789'52 0620467 4874496 19,458:34 o27 07/01/01,02:12 001 v4a1 EFTA00198286

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 22 STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/30/01 05/24/01 SOLD XO COMMUNICATIONS INC XOXO 16,000 3.62440 57,973.46 CLA EXECUTION BY FBCO SEC FEE 1,94 OSSTOT OSBE0T SOLE CABSTONE TURBINE CORR” CEST “T7350 35.81250 48,330.36 EXECUTION BY FBCO _SEC FEE 1,62 OSSTT OS B50T SOLD KENNETH COLE BRODUCTIONS INC KEP “1806 32°53126 ST 67831 CLA EXECUTION BY BUCK COMMISSION _SEC FEE OSSTOT “OSBSOT SOLS INRANGE TECHNOLOGIES CORP” inBE “B00 20-17606 42,340.58 cLB EXECUTION BY JPHO SEC FEE OSSTGT OS B50T SOLE “NAUTICN ENTERPRISES INC” NAUT “T7306 19.63300 35,505.74 EXECUTION BY RSSF SEC FEE a6 OSSTOT OS S507" BOUGHT TALBOTS WNC 78 1,850 36981760 6a 54215" EXECUTION BY BUCK COMMISSION 111,00 OSSTIOT OSBS0T"SOLB TIMBERLAND “CO-CCR" TBL -200 48.29440 9,631.55 EXECUTION BY BUCK COMMISSION 12,00 SEC FEE 33 OBSTET OS 2807 SOLT FEDERATED DEBARTMENT STORES ia} “4,500 44°76300 BOT 08678 INC-DEL EXECUTION BY BMUR COMMISSION SEC FEE FATTER TT CT RRRERRERRRERRE CTR EETTET HTC ECHCT eC REREAD ETT ERECT ToT TREE TERT cLB EXECUTION BY JPHO SEC FEE o27 07/01/01,02:12 001 v4a1 EFTA00198287

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 11+ of 22 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/01/01 05/29/01 BOUGHT LZ CLAIBORNE INC uz 1,500 51.88040 77,925.60 EXECUTION BY BUCK COMMISSION 90,00 EXECUTION BY BMUR COMMISSION 56.00 ae FEE OsIOTOT OSSS0T" SOLD TIMBERLAND “CO-CC'A TBL -800 4744786 37,889.17 EXECUTION BY BUCK COMMISSION SEC FEE O6ISSIET OSSO0T "SOLE “CHILDRENS BLAGE RETAIL” STORES “BICE “T5060 30.05006 45,058.49 INC EXECUTION BY JPHO SEC FEE déio4ioi “5/30/07 SOLE KENNETH COLE PRODUCTIONS ING KeP “77300 3321780 43,075.70 CLA EXECUTION BY UBSW COMMISSION SEC FEE 06/04/01 05/30/01 SOLD SPX CORP SPW 500 “TiS 37356 57,584.82 EXECUTION BY MDLD COMMISSION 35,00 SEC FEE 93 EXECUTION BY UBSW COMMISSION 77,00 SEC FEE 73 EXECUTION BY BUCK COMMISSION CITIZENS COMMUNICATIONS CO Cin 7,600 {4.84260 113,274.76" EXECUTION BY BUCK COMMISSION 456,00 O6idS OT" O55 o27 07/01/01,02:12 001 v4a1 EFTA00198288

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 22 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 Transaction Detail (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/05/01 05/31/01 BOUGHT OMNICARE INC ocr 5,200 20.99840 109,570.68 EXECUTION BY GSCO COMMISSION 364,00 BEIGE SETTOT SUR eT cenescennnennseamnnenennneng senna ra anennnennnnesagcnmnnsimnnnennnee EXECUTION BY BUCK COMMISSION 30,00 INRANGE TECHNOLOGIES CORP NB 63 cLB EXECUTION BY SLKC SEC FEE BOUGHT ORION POWER HOLDINGS ING” OAN T8000 "781280 50,114.04 EXECUTION BY INET COMMISSION 36,00 O6IOEIOT OSSTOT BOUGHT GRION POWER HOLDINGS ING” GAN 3,800 37°35000 163/945:00 EXECUTION BY FBCO AS OF 05/31/01 06/06/01 06/01/01 SOLD QUIKSILVER INC EXECUTION BY RHCO COMMISSION 42,00 SEC FEE 50 i oiogioT™ 06/01 34°72256 14,776.00 "38000 EXECUTION BY MDLD COMMISSION 87,50 SEC FEE 5,02 INC EXECUTION BY JPHO SEC FEE 97 SEC FEE ‘97 AS OF 06/04/01 BOP WOM OT SOL eR OEE 10.95000 O6IOFIOT" O6OSIOT SOLE METROMEDIA FIBER NETWOAK INC CLA EXECUTION BY SBSH 3.89500 20,6278 o27 07/01/01,02:12 001 v4a1 EFTA00198289

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of 22 STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 06/07/01 06/04/01 SOLD NAUTICA ENTERPRISES INC NAUT -1,000 21.17310 21,157.39 EXECUTION BY MONT SEC Fe 71 c. 8 STK SPLIT ON 3200 SHS REC 05/16/01 PAY 06/01 MOOT OBIOSIOT SOLE “CHILDRENS BLAGE RETAIL” STORES RICE BOBS E3845 33,686.92 INC EXECUTION BY JPHO SEC FEE 80 NOOT OBIOSIOT SOLE EAICAN EAGLE OUTFITTERS INC store" “4,100 37°78846 154,789.27 ve! EXECUTION BY INET COMMISSION 123,00 _SEC FEE 5.17 OsORIOT OEIOSOT SOLE BARR LABORATORIES INC BRL -2,550 7.44780 {9218187 EXECUTION BY MDLD COMMISSION 178,50 SEC FEE 6,42 OsidIET OEIOSOT BOUGHT CONTINENTAL AIALINES ING-CL 8” CAL 1,650 47°84986 75,066.17" EXECUTION BY BUCK COMMISSION 99,00 iogioT O6IOSOT SOLE INRANGE TECHNOLOGIES CORP” iNRG “B°650 30/3556 $3,58105 cLB EXECUTION BY INET COMMISSION 79,50 SEC FEE 79 EXECUTION BY INET COMMISSION 43,50 O6IORIOT OBIOSIOT BOUGHT TIME WARNER TELECOM INC Wie 300 37°29830 33'583:47"" CLASS A EXECUTION BY FBCO o27 07/01/01,02:12 001 v4a1 EFTA00198290

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STEARNS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 New York, New York 10167 a INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | INVESTMENT ACTIVITY (continued) INC rwraver maccn LAST STATEMENT May 25, 2001 DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT TALBOTS INC TLB 1,500 36.11900 54,298.50 EXECUTION BY CANT COMMISSION 105,00 Ci SECC) RRR creouron BY JPHO _ oe 1,28 EAICAN EAGLE OUTFITTERS INC ses “3,406 3815360 {23,702'S1 ew EXECUTION BY WEDB SEC FEE 4,33 ““GABSTONE TURBINE CORP” CEST 1,300 39'32326 ae 6T ie EXECUTION BY REDI COMMISSION 26.00 INRANGE TECHNOLOGIES CORP” iNRE “2°500 37°50440 $3,744.20 cLB EXECUTION BY SBSH SEC FEE 1,80 QUIKSILVER INC 20K 1,300 21.90860 28,587.18 EXECUTION BY ABNA COMMISSION 91.00 SUNMICAOSYSTEMS INC SUNW 5,200 18.22000 94,759.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GSCO "38840460 7783580 EXECUTION BY JRCO COMMISSION 140,00 MBERLAND CO-CE a” TBL -700 42°75246 29,868.68 EXECUTION BY BUCK COMMISSION 42,00 SEC FEE 1,00 “CHILDRENS BLAGE RETAIL” STORES BIGE 800 37'85000 33°395 60" INC EXECUTION BY JPHO o27 07/01/01,02:12 001 v4a1 EFTA00198291

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of 22 STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/12/01 06/07/01 BOUGHT COOPER INDUSTRIES INC CBE 1,750 39.50300 69,267.75 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MIDR COMMISSION 122,50 COM EXECUTION BY COWN COMMISSION 210,00 SEC FEE AS irre pamennennnsnnsscennennennennee omens OSTZIOT OBIOTIOT BOUGHT MCBATA CORP McoTA 2.800 3067886 8591564" CLA EXECUTION BY TWPT OGTZOT OBIOTIOT SOLE METHANEX COaP MECH 2;700 708330 19,109.27 GROTON BY SBSH OSTBT O6IOTIOT BOUGHT QUANTA SERVICES iho BE 1,750 35.7476 6268443" EXECUTION BY HOWA COMMISSION 122,50 06/12/01 06/07/01 SOLD ORION POWER HOLDINGS INC ORN -3,000 26.10230 78,079.28 EXECUTION BY MSCO COMMISSION 210,00 SEC FEE 2,62 OSTBIOT O6IOTIOT BOUEHT OUIKSILVER iN EXECUTION BY ABNA COMMISSION 182,00 06/12/01 06/07/01 BOUGHT THOMAS & BETTS CORP TNB 1,750 22.06530 38,751.78 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MIDR COMMISSION 122,50 34°01250 62,625'50" 06/13/01 06/08/01 SOLD ITT INDUSTRIES INC tT -1,800 46.51630 SEE NOTE "S' ON BACK EXECUTION BY HOWA COMMISSION 126,00 SEC FEE 2,80 o27 07/01/01,02:12 001 v4a1 EFTA00198292

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 16 of 22 STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/13/01 06/08/01 SOLD INRANGE TECHNOLOGIES CORP INRG -1,500 19.65000 29,459.01 L EXECUTION BY SBSH SEC FEE OSTSOT OERIOT BOUGHT MCBATA CORP " McoTA 600 39'33500 17,556.00" CLA EXECUTION BY TWPT 764200 37,447.88 OSTSIOT" O6IOEITI EXECUTION BY SBSH SEC FEE 92 EXEOUNON BY SBSH SEC FEE 61 15101 C6207 SOLD fT INDUSTRIES INE nT -3,800 45.18620 177;420.83 SEE NOTE "S* ON BACK EXECUTION BY DRKW COMMISSION 266,00 SEC FEE 5.73 o6/15i01 06/12/01" BOUGHT OMNICARE INC Oca 4,700 {9.38110 91,435.17. EXECUTION BY MDLD COMMISSION 329,00 06/15/01 06/12/01 BOUGHT TIMBERLAND CO-CLA TBL 500 40.78300 20,436.50 EXECUTION BY BUCK COMMISSION 30,00 06/18/01 EXPIRED CALL ROYAL CARIBB JUN O20 EXP 06/16/2001 EXP 06/16/2001 CITIZENS COMMUNICATIONS C6 Citi 37300 12:76666 257;745.00 EXECUTION BY JPHO AS OF 06/13/01 MCBATA CORP” wcoTA 766 37796000 §/387.00 CLA EXECUTION BY TWPT T4100 O67 V7780T9F2 -100 o27 07/01/01,02:12 001 v4a1 EFTA00198293

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of 22 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/20/01 06/15/01 SOLD ee EAGLE OUTFITTERS INC AEOS -1,200 34.79000 41,731.60 NEW EXECUTION BY RSSF SEC FEE 1,40 OSIB0I0T" OE SOT BOUGHT QUANTA SERVICES IN” Bie 1,800 33°60006 40,806.60" EXECUTION BY MDLD COMMISSION 276,50 COMMSCOPE INC civ -5,000 20.84210 103,842.02 EXECUTION BY MLCO COMMISSION 350,00 SEC FEE 3.48 INRANGE TECHNOLOGIES CORP iNRE "7,500 1760000 427;480.75 cLB EXECUTION BY SBSH SEC FEE 4.25 SS BSE COR nL ASSET BBE COM EXECUTION BY COWN SEC FEE 56 EAGLE QUTFITTEAS ING ‘EOS 3,000 3810500 114'330.00-— 30:78796 ao 403.70" oe2tior osiztior"” oester OR 16,746.44 oe2zio1 NEW EXECUTION BY FBCO CAPSTONE TURBINE CORP CPST 1,400 19.50000 27,315.00 EXECUTION BY FBCO TIMBERLAND CO- EXECUTION BY BUCK COMMISSION 192,00 GOODRICH CORPORATIO! WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO COMMISSION SEC FEE 06/22/01 127,217: A (25/01 o27 07/01/01,02:12 001 v4a1 EFTA00198294

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 18 of 22 STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 06/25/01 06/20/01 BOUGHT MCDATA CORP MCDTA 2,200 17.48000 38,471.00 LA EXECUTION BY TWPT EXECUTION BY MDLD COMMISSION 122,50 ae FEE 2,16 O6IB5I01" O6B0/0T" BOUGHT TIME WARNER TELECOM INC TWwic 1,200 35.76880 30'937'56 CLASS A EXECUTION BY TWPT 1 BOUGHT KENNETH COLE BRODUCTIONS INC KEP 3°600 33°99496 8301264 CLA EXECUTION BY BUCK COMMISSION 216,00 7 BOUGHT ENZON ING ENZN 3,100 "6025260 186 /897-06" EXECUTION BY INET COMMISSION 93,00 1 BOUGHT MCBATA CORP NCBA 1,400 {8.27250 25,596.50" CLA EXECUTION BY TWPT oT S05 TIBCO "SOFTWARE INC TiBx “T7350 {381190 1683684 EXECUTION BY INCA COMMISSION 37.50 O6/26)0T 062i (26/01 06/21) 06/26/01 06/21) 06/26/01 06/21) SEC FEE AS OF 06/21/01 BERLAND Co-cla Tar 2.800 4747400 1631030" EXECUTION BY GKMC COMMISSION 168,00 OBEFOT O6BROT SOLE KENNETH COLE BRODUCTIONS INC Ke “3,600 {8.98450 68,770.82 CLA EXECUTION BY BUCK COMMISSION 216,00 SEC FEE 2.28 Se BY FBCO 06/26/01 06/21 Cie REE EXC ERE o27 07/01/01,02:12 001 v4a1 EFTA00198295

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York New York 10167 as | INSTITUTIONAL INTERESTS 19 of 22 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 25, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/27/01 06/22/01 BOUGHT TIMBERLAND CO-CLA TBL 1,300 40.80270 53,136.51 EXECUTION BY BUCK COMMISSION 78,00 svgeggennennen scene geengepagegtsenennennennen se anpazennnnesssannennenneng ements tnennnnnnn ggg aagennnn is nennnnnnet BBZTGT CSET 06/28/01 AMERICAN EAGIE OUTFITTERS INC -6,300 750 NEW EXECUTION BY RSSF SEC FEE 8.13 06/28/01 POLO RALPH LAUREN CORP-CL A RL -400 26.50000 10,560.64 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 24,00 SEC FEE 36 EXECUTION BY INET COMMISSION 111,00 SEC FEE 1,98 IKSILVER INC 20K 1,900 2294000 43,715.00 EXECUTION BY BUCK COMMISSION 114,00 nee sts nuenanennenenneneneey tt rn wenn . 1000 eueeenenenenoenenaey sreermseeriemens un nmoenenrseeear antenna in o_o Ct avaveesensenenaenenen sy EXECUTION BY BUCK COMMISSION 36,00 AS OF 06/26/01 TOTAL $-3,239,165.03 $3,796,687.98 027 07/01/01,02:12 001 v4at EFTA00198296

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BEAR STEARNS 20 of 22 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS DATE TRANSACTION 06/22/01 CHECK TOTAL MONEY FUND ACTIVITY DATE MO'DAY TRANSACTION 05/26/01 O6OTOT BOUGHT DESCRETION CK #MT335571 FEES EARNED FR 6/6/00 TO BUCKINGHAM CAPITAL MANAGE DESCAIPTION OPENINGBALANCE THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO THE TREASURERS” FUND INC DOMESTIC PRIME M/M PORTFOLIO DEBIT AMOUNT 448,939.00 $-448,939.00 SYMBOUCUSIP 500.000 CREDIT AMOUNT QUANTITY 1,626,996.24 “F"6000 “F600 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 accoust numccr Taxpayer nuwecr LAST STATEMENT May 25, 2001 CEBIT AMOUNT CAEDIT AMOUNT BIST REINVEST osi2zI0T SES 06/29/01 TOTAL DOMESTIC PRIME WWM PORTFOLIO MONTHLY DIVIDEND THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED IERS FUND DOMESTIC PRIME WM PORTFOLIO CLOSINGBALANCE 6790/49 00 1,633,186.73 07/01/01,02:12 001 $-1,006.190.49 1,000°000°66 $1,006,190.49 EFTA00198297

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Cor Bear, Stearns & Co. Inc. One Mebane ‘Center Non 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 21 of 22 STATEMENT PERIOD May 26, 2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER June 29, 2001 Taxpayer nuwecr DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) DEBIT AMOUNT CREDIT AMOUNT 06/01/01 = HCA-HEALTHCARE CO HCA 12,100 0.0200 242.00 REC 05/01/01 PAY 06/01 “OMNICARE INC" ock 5,150 "6.6235 REC 06/01/01 PAY 06/12/01 “HARRIS CORF-BEL REC 05/30/01 PAY oeiZzior 9.3507" "60500 467-50 oeaior™ 82.25 06! SOUTHWEST AIRLINES Co” iv 16200" O.0045 REC 06/06/01 PAY 06/27/01 "ROVAL CARIBBEAN CRUISES TB AcE 135007" "07300 1,755.00 REC 06/06/01 PAY 06/28/01 MILLENNIUM CHEMICALS INC MCH 10,400 0.1500 1,560.00 REG 06/13101 PAY 06/29/01 WH 156.00 FOREIGN TAX WITHHELD TOTAL $-156.00 $7,095.53 DATE DESCRIPTION SYMBOLUCUSIP QUANTITY RATE (%} CeBIT AMOUNT CAEDIT AMOUNT 06/21/01 INTCR JUN 01 4,779.71 TOTAL $4,779.71 027 07/01/01,02:12 001 vat May 25, 2001 EFTA00198298

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 22 of 22 INSTITUTIONAL INTERESTS STATEMENT PERIOG May 26,2001 THROUGH June 29, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MISCELLANEOUS LAST STATEMENT = May 25, 2001 DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 06/01/01 JOURNAL 05/01 CLA CHG 25 205.00 TOTAL $-205.00 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT CREDIT AMOUNT SOLD I-MANY INC IMNY -14,500.00 16.1189 233,266.25 ‘BOUGHT MCDATA CORP MCDTA 1,600.00 19.3800 31,023.00 CLA BOUGHT DMC STRATEX NETWORKS INC STXN I-MANY INC IMNY 07/03/01 07/05/01 06/29) 7.6200 14,112.00 14.8000 SOLD AGERE SYS INC AGRA CLA BOUGHT MCDATA CORP MCDTA CLA 7.5000 07/05/01 06/29) 19.9000 19,915.00 TOTAL $217,580.80 $379,875.29 The above trades do not appear in any other section of this statement 027 07101/01;02:12 001 v4a1 EFTA00198299

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Seay, Stewme Securities Co Bear, Stearns & Co. Inc. Gre Metratech ‘Conter Nor BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD April 28,2001 THROUGH May 25, 2001 . accout uncer What’s In This Statement || PP | ery end eee vaxpayer numer LAST STATEMENT April 27, 2001 Financial Summary ,. 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings . _ 4 C/O FINANCIAL TRUST COMPANY Transaction Detail... — 8 ATTN JEANNE BRENNAN Fund Activity sesso . 7 Trades Not Yet Settled ., @ Your Portfolio at a Glance Market Value of Your Portfolio .071,596 TOTAL VALUE OF SECURITIES THIS PERIOD 16,798,667 Cash & Equivalent I, 5,071 506 NET CREDIT BALANCE 1,444,600 Equities $16,798,667 MONEY MARKET FUND BALANCE 1,626,996 8 $15,071,905 Aeeeneeenennenen sss) seeneeesensenennsennesss) aeneeenennenens | | Current market value NET EQUITY LAST STATEMENT 18,635,556 CHANGE SINCE LAST STATEMENT 1,234,707 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document This statement should be retained for your records. See reverse side for important information 027 08/2601;12:10 001 va7e8 EFTA00198300

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2 of 9 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/2601;12:10 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS va7e8 EFTA00198301

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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. 245 Park Avenue New York, New York 10167 THIS PERIOD $908,046.94 2,664,491.15 1,081,392.74 4,874.79 $3,750.758.68 Securities Bought Money Fund Miscellaneous Amount Debited Net Cash Activity -3,167,378.44 -46,392.74 -434.22 Cash Balance Summary OPENING Cash 88,716.86 Margin 819,330.08 Net Cash Balance $908,046.94 CLOSING 88,716.86 1,355,883.36 $1,444.600.22 3 of 19 Income Summary THiS PERIOD YEAR TO DATE Dividends 6,822.76 64,539.80 Substitute Payment 0.00 630.00 Credit Balance Int. 444477 29,542.02 Short Dividends 0.00 -144.50 Foreign Tax Withheld -49.22 205.22 Margin Int. Paid 0.00 -47.91 Portfolio Composition Cash/Cash Equivalent 3,071,596 Equities 16,798,667 Total $19,870,263 027 08/2601 ;12:10 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 May 25, 2001 account sumccr rwraver maccn April 27,2001 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent: 16% Equities 84% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. va7e EFTA00198302

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 og Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED DESCRETION SYMBOLCUSP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 1 00 THE TREASURERS FUND INC GTDXX 1,626,996.24 1.0000 1,626,996 60,199 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,071,596 $60,199 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE MRGN 8,800 41.8000 367,840 ALPHARMA ING-CL A AY) MAGN 12,500 26.8000 335,000 2250 0.6716 ‘ACTV ING atv MAGN 22.300 3.4100 76.043 ADI INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 17.6000 665,280 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 10,850 38.7000 419,895 NEW AGERE SYS INC AGRA MRGN 22,650 8.1000 183,465 CLA AMR CORP-DEL AMR MRGN 7,550 37.8000 285,390 ADELPHIA COMMUNICATIONS CORP ADLAG MAGN 18.154 37.9400 688.763 CLA 027 08/2601 ;12:10 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH ACCOUNT NUMBER May 25, 2001 rwraver maccn LAST STATEMENT va7e April 27,2001 EFTA00198303

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 19 Your Portfolio Holdings (continued) Equities & Options (continued) NAARKET ESTIMATED CURRENT PRICE VALUE ANNUAL INCOME YELD (%) 28.7700 178,374 ACCT DESCRIPTION SYMBOLICUSIP TPE ALASKA AIR GROUP INC MRGN BEVERLY ENTERPRISES INC NEW BEV MAGN BRAUN CONSULTING INC BRNC MRGN BARR LABORATORIES INC BRL MRGN COMMSCOPE INC civ MRGN 24.6700 123,350 CHILDRENS PLACE RETAIL STORES PLCE CASH 7,950 30.5100 242,555 INC CITIZENS COMMUNICATIONS CO CZN MRGN CAPSTONE TURBINE CORP CPST MRGN CARNIVAL CORP-CL A ccL MRGN KENNETH COLE PRODUCTIONS INC KCP MAGN CLA CONTINENTAL AIALINES INC-CLB CAL MAGN 1/300 "50/0400 95,076 DMC STRATEX NETWORKS INC STXN MRGN 7,300 6.6500 48,545 95200 104.720 66.0200 214,565 14.5100 174.629 35.7900 330.846 28.7900 214.486 3.129 32.2100 103,072 1/4588 INC-DEL B F GOODRICH CO GA MAGN 11,100 ‘ 42.7400 474,414 12,210 2.5737 027 08/2601 ;12:10 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH ACCOUNT NUMBER May 25, 2001 Taxpayer nuwecr LAST STATEMENT va7e8 April 27,2001 EFTA00198304

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of 9 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} HEALTH MANAGEMENT ASSOCIATES HMA MRGN 16,150 17.2500 278,588 30,842 97,136 .69 0 34. com TRUETDLANIENC CORB 77 "tararerarars ve omaencmsenene ro neeaptannnesseeeaeanmmemeetieateae ri 7 7,7 aaa eaaaia POLO RALPH LAUREN CORP-CL A RL MRGN 1,707 29.9500 ORION POWER HOLDINGS INC OAN MAGN 9,700 295900 287,023 OMNIGARE INC OCR MAGN 5.150 20.0000 403.000 464 0.4505 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 3,250 22.7800 74,035 INC QUIKSILVER INC Z0K MAGN 15,292 26.9500 412,119 027 08/2601 ;12:10 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH ACCOUNT NUMBER May 25, 2001 rwraver maccn LAST STATEMENT va7e8 April 27,2001 EFTA00198305

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 7 ofa Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} REMEC INC REMC MRGN 18,250 8.6400 157,680 ROYAL CARIBBEAN CRUISES LTD RCL MRGN 13,500 213500 288.225 7,020 2.4356 RCLF20 MRGN 100 1.9000 19,000 CALL ROYAL CARIBB JUN 020 EXP 06/16/2001 SPX CORP sPw MRGN 4,050 119.8100 485,231 14.6700 19.2300 196.146 jas "010938 ‘SENSORMATIC ELECTRONICS CORP SRM MRGN SOUTHWEST AIRLINES CO Luv MRGN TYCO INTEANATIONAL LTD TYC MRGN 56.7500 641.275 565 0.088% TIME WARNER TELECOM INC TWTC MAGN 3,900 42.7600 166,764 CLASS A TENET HEALTHCARE CORP THC MRGN 9,250 44.6800 15.8000 427,980 TRANSWITCH CORP TXCC MRGN TIMBERLAND GO-CLA TeL MAGN 6.650 48.0000 319.200 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3,200 80.9500 259,040 cLB 027 08/2601 ;12:10 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH ACCOUNT NUMBER May 25, 2001 rwraver maccn LAST STATEMENT va7e8 April 27,2001 EFTA00198306

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of 9 STATEMENT PERIOO April 26,2001 THROUGH May 25, 2001 accoust numccr Taxpayer nuwecr LAST STATEMENT April 27,2001 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRETION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} VITRIA TECHNOLOGY INC VITR MRGN 28,350 5.9900 169,817 Cc XO COMMUNICATIONS INC XOXO MRGN 16,000 3.4300 54.880 CLA Total Equities& Options $16,798,667 $51,892 TOTAL EQUITIES $16,798,667 $51,892 YOUR TOTAL ESTIMATED ANNUAL INCOME $112,091 YOUR PRICED PORTFOLIOHOLDINGS $19,870,263 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 04/30/01 04/25/01 SOLD CARNIVAL CORP-CL A CCL -1,850 26.00000 47,953.89 EXECUTION BY WARR COMMISSION 129,50 SEC FEE 1,61 EXECUTION BY SBSH SEC FEE 027 05/2601;12:10 001 va7e EFTA00198307

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARN S — i 10167 9 of 19 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/30/01 04/25/01 BOUGHT TIMBERLAND CO-CLA TBL 500 44.81810 22,454.05 EXECUTION BY BUCK COMMISSION 30,00 EXECUTION BY RHCO COMMISSION 210,00 SEC FEE 1,40 OSiesOT" OaSO0T BOUGHT ALPHARNMA INCA ALG 8,350 33°36896 {87378 8F EXECUTION BY COWN COMMISSION 584,50 NEW EXECUTION BY RSSF Osiosiot” O4/s0/07" BOUGHT BEVERLY ENTERPRISES INC NEW IT RRR ETT? EERE ER EO 7.51100 97/665 '30"" 05/03/01 04/30) BARR LABORATORIES INC EXECUTION BY GSCO 340 14,365.85 CLA EXECUTION BY SBSH SEC FEE 96 SCI SYSTEMS INC EXECUTION BY MLCO COMMISSION 283,50 SEC FEE 3.46 SPECTRASITE HOLD! EXECUTION BY SLKC SEC FEE 3.22 TIMBERLAND CO-C! EXECUTION BY GKMC COMMISSION 129,50 SEC FEE 2.98 ine "33070 027 08/2601 ;12:10 001 va7e8 EFTA00198308

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 10 of 19 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/07/01 05/02/01 SOLD ALLEGIANCE TELECOM INC ALGX -1,600 20.35000 32,543.91 EXECUTION BY FBCO SEC FEE 1,09 CLA EXECUTION BY COWN COMMISSION 1,359.00 OSiO7I01" OSMOROT BOUGHT CITIZENS COMMUNICATIONS C6 ar 7306 {2.66836 9589257" even snsnennennevnnn is cnggenennenssnnenntnngo is tnnnnennneannennennennn npn tnenneamnnnnnnnnee BOUGHT KOHLS CORP KSS 1,650 6296740 104,010.21 EXECUTION BY BUCK COMMISSION 99,00 TIME WARNER TELECOM CLASS A EXECUTION BY TWPT SEC FEE TRANSWITCH CORP osio7ior 550 54.90000 8.85000 90.00" NEW EXECUTION BY RSSF FORMERLY MCLEOD INC EXECUTION BY FBCO SEC FEE 3.03 ogoger” METROMEDIA FIBER NETWORK INC CLA EXECUTION BY SBSH SEC FEE 1.19 BOUGHT ORION POWER HOL! EXECUTION BY PRUS COMMISSION 31,50 oosor” INC 027 08/2601 ;12:10 001 va7e8 EFTA00198309

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS V1 of 19 STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/08/01 05/03/01 SOLD TIME WARNER TELECOM INC TWIC -2,350 53.05000 124,648.34 A EXECUTION BY TWPT SEC FEE 4.16 OSiOSIOT" OSOaOT BOUGHT ALPHARNMA INC-CCR EXECUTION BY COWN COMMISSION 290,50 OSieSiOT" OSiOaOT BOUGHT ALLEGIANCE TELECOM NC" ALEX 1,600 1750606 38,015:00 EXECUTION BY FBCO ASUAL MALE CORP MASS CMAGE “3,000 270000 EXECUTION BY JEFF SEC FEE 21 NOVACHEMICALS CORP” EXECUTION BY TUCK COMMISSION 245,00 O RALPH LAUREN CORP-CL A RL -1,250 26.80600 SEE NOTE "S" ON BACK EXECUTION BY BUCK COMMISSION 75,00 SEC FEE 1412 TIME WARNER TELECOM INC CLASS A EXECUTION BY JPHO ASUAL MALE CORB MASS ChiAGE “4,300 771826 EXECUTION BY NITE SEC FEE .25 UAL MALE CORB MASS ChAGE "7,700 779540 TF 655-71 EXECUTION BY REDI COMMISSION 154,00 SEC FEE A? KOHLS CORP KSS 1,700 58.80650 EXECUTION BY BUCK COMMISSION 102,00 AS OF 05/07/01 33°95126 95'552'38" 6,284.79 osiogior"” 33°72360 FS 7927" osiosiot”” OsiosioT" OS! 33,476 38 50.60000 90,075.00" OSiOSIOT" OS04707 F3730i OSGIOT S107) osiioier"” {00,088'05"" OSGI 5107) 027 08/2601 ;12:10 001 va7e8 EFTA00198310

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 19 STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/10/01 05/07/01 BOUGHT TOMMY HILFIGER CORP-ORD TOM 4,500 12.72140 57,531.30 EXECUTION BY BUCK COMMISSION 270,00 EXECUTION BY RSSF ““ABPLIED MICRO CIRCUITS CORP “AMEE “700 "3820000 1972434 EXECUTION BY COWN SEC FEE ““ABPLIED MICRO CIRCUITS CORP AMCC "700 38°35000 19,808.33 EXECUTION BY INCA COMMISSION 21,00 SEC FEE 67 AS OF 05/08/01 MICRON TECHNGLOGY NC rit) 3:550 42.16776 49,745.84" EXECUTION BY NEED COMMISSION 248,50 OSTTOT OSROT SOLE QUIKSILVER INC ZQK -2,100 37'S3100 58,512.14 EXECUTION BY BUCK COMMISSION 126,00 SEC FEE 1,96 OSTTOT OsROT BOUGHT TIME WARNER TELECOM INC TWwic 2,760 43.07500 90,472550° CLASS A EXECUTION BY TWPT OSTSIOT OSSOT SOLE INRANGE TECHNOLOGIES CORE iNRE “1806 1652800 39,794-40 cLB EXECUTION BY SBSH SEC FEE oy osteo” OST TOTS: OST TOT Os) 1,00 56.62950 124,753.30" osiiaior"” EXECUTION BY FANA COMMISSION 154,00 SPECTRASITE HOLDINGS INC” SITE 2,400 831940 ‘Ws38T se" EXECUTION BY SLKC osiraior"” 027 08/2601 ;12:10 001 va7e8 EFTA00198311

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 13 of 19 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION 05/15/01 05/10/01 SOLD AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY INET VS 1400 05-03-01 COMMISSION 42,00 SEC FEE 1,99 AS OF 05/10/01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 account sumccr rwraver maccn LAST STATEMENT April 27,2001 DEBIT AMOUNT CREDIT AMOUNT 59,594.59 NEW EXECUTION BY RSSF VS 3800 04-30-01 SEC FEE 5.33 INC-DEL EXECUTION BY BUCK EXECUTION BY MONT COMMISSION 126,00 SEC FEE 2.51 05/15/01 05/1 INC EXECUTION BY BUCK COMMISSION 135,00 1S SUNWEAR GF 05/15/01 INC EXECUTION BY RHCO SEC FEE 2,37 APBARELG AS OF 05/16/01 ‘OANA 462. EXECUTION BY BMUR COMMISSION Fi 08/2601;12:10 001 va7e8 EFTA00198312

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 14 of 19 STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/16/01 05/15/01 BOUGHT CALL ROYAL CARIBB JUNO20**** ORCLF20 100 1.18330 12,133.00 EXP 06/16/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT OPEN CONTRACT NEW EXECUTION BY RSSF VS 1550 02-09-01, 450 05-03-01 SEC FEE 2,61 05/17/01 05/14/01 SOLD KOHLS CORP KSS -800 62.25660 EXECUTION BY BUCK COMMISSION 48,00 SEC FEE 05/18/01 05/15/01 SOLD TIMBERLAND CO-CLA TEL -2,100 47.34830 EXECUTION BY BUCK COMMISSION 126,00 SEC FEE 3.32 49,740.61 SS 28771 NEW EXECUTION BY RSSF 2.87 SEC FEE EXECUTION BY RYAN COMMISSION 308,00 SEC FEE WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S' ON BACK EXECUTION BY RYAN COMMISSION 101,50 SEC FEE 4,93 027 08/2601 ;12:10 001 va7e8 EFTA00198313

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of 19 STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 27, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/21/01 05/16/01 BOUGHT ROYAL CARIBBEAN CRUISES LTD RCL 9,500 20.44780 194,934.10 SEE NOTE *S* ON BACK EXECUTION BY UBSW COMMISSION 665,00 AS OF 05/16/01 GRATOT OST EOT SOC TIMBERLAND 6-004 EXECUTION BY BMUR COMMISSION 84.00 SEC FEE osetior” EXPIRED BUT GOODRICH BF MAAY 036 CBOE 382388907 1) EXP 05/19/2001 EXP 05/19/2001 OSRRI0T OSTIOT SOLD “JONES ABBAREL GROUP INC JNY -2,600 46.18810 TiS 91405 EXECUTION BY BUCK COMMISSION 156,00 SEC FEE 4,01 OST OST TIOT BOUGHT KMAAT CORP Ki 3:560 1651600 37,010.60" EXECUTION BY BUCK COMMISSION 210,00 OS230T OSTBIOT BOUGHT ”"CABSTONE TURBINE CORP “SPST 6.450 35.46000 238,732.00" EXECUTION BY JPHO 05/23/01 05/18/01 SOLD TIMBERLAND CO-CLA TBL -1,450 48.13890 69,697.08 EXECUTION BY BUCK COMMISSION 87,00 SEC FEE 2,33 a AMERICAN EAGIE OUTFITTERS INC REGS 3,600 39°87000 7560234 NEW EXECUTION BY RSSF SEC FEE 2,66 BRAUN CONSULTING INC” BRNC 17,660 $:45600 164,037.00" EXECUTION BY SBSH OT BOUGHT COMMISCOBE INC civ 5,600 3517960 12626300" EXECUTION BY MONT COMMISSION 350,00 gg ene nner, OSis4i07 O5/3i OSie4i07" O5/34 OSSa6T OST 027 08/2601 ;12:10 001 va7e8 EFTA00198314

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BEAR STEARNS 16 of 19 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 08/24/01 TRADE OATE 05/21/01 TRANSACTION SOLD osieaior"” os/24io1"" BOUGHT 05/25/01 05/25/01 05/25/01 52501 05/22/01 052501 05/22/01 DESCRIPTION K MART CORP EXECUTION BY VKCO COMMISSION SEC FEE 31,50 97 EXECUTION BY OPCO COMMISSION ROYAL CAI EAN CRUISES LTD SEE NOTE "S* ON BACK EXECUTION BY RYAN COMMISSION 360,50 280,00 KOHLS CORP EXECUTION BY BUCK COMMISSION SEC FEE 2.47 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION SEC FEE 50,82 82 SPECTRASITE HOLDINGS INC EXECUTION BY TWPT EXECUTION BY BUCK COMMISSION 213,00 TIMBERLAND CO-CLA EXECUTION BY BUCK COMMISSION SEC FEE 48,00 1,34 SYMBOLICUSIP KM RCL CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 May 25, 2001 account sumccr rwraver maccn April 27,2001 THROUGH LAST STATEMENT QUANTITY -1,800 PRICE 12.05000 DEBIT AMOUNT CREDIT AMOUNT 21,563.27 {3.68760 {ores 55" 2213010 88,815.40 4,000 “7,700 67.20750 7384478 38.6974 24,240.06 8.76600 34°30" 42.10550 49,702.53 0.05920 39,983.0: TOTAL $-3,167,378.44 $2,664,491.15 08/2601;12:10 001 va7e EFTA00198315

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 INSTITUTIONAL INTERESTS 17 of 19 STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Transaction Detail (continued) Taxpayer nuwecr LAST STATEMENT April 27,2001 MONEY FUND ACTIVITY DATE MONDAY TRANSACTION, DESCAIPTION SYMBOUUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/28/01 OPENINGBALANCE 2,655,603.50 iw 10 osiozio7" S6ib THE TREASURERS FUND INC DOMESTIC PRIME MIM PORTFOLIO "325,000 °°" 70000 325,000.00 DOMESTIC PRIME WWM PORTFOLIO THE TREASURERS FUND INC “$00,000 "770000 $60,000.00 DOMESTIC PRIME WWM PORTFOLIO MONTHLY DIVIDEND OS/22107 REINVEST THE TREASURERS FUND INC Gib 6.39274 6392.74" DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED 08/25/01 CLOSINGBALANCE 1,626,996.24 TOTAL $-46,392.74 $1,081,392.74 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CERT AMOUNT CAEDIT AMOUNT 05/02/01 TYCO INTERNATIONAL LTD Ty 8,150 0.0125 101.88 REC 04/02/01 PAY 05/02/01 05/15/01 NOVACHEMICALS CORP NCX 5,100 0.0643 328.14 REC 04/30/01 PAY 05/15/01 WH 49.22 FOREIGN TAX WITHHELD TOTAL $-49.22 $430.02 027 08/2601 ;12:10 001 va7e8 accout Nuecr EFTA00198316

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 18 of 19 STATEMENT PERIOO April 26,2001 THROUGH May 25, 2001 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INTEREST LAST STATEMENT — April 27, 2001 DATE DESCRIPTION SYMBOLIGUSIP QUANTITY RATE (Sb DEBIT AMOUNT CAEDIT AMOUNT 05/21/01 INTCR | | MAY 01 4,444.77 TOTAL $4,444.77 MISCELLANEOUS DATE MO'DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 05/04/01 JOURNAL 04/01 CLR CHG 25 385.00 TOTAL $-385.00 Trades Executed Pending Settlement SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP 08/29/01 05/23/ BOUGHT BARR LABORATORIES INC BRL SOLD KOHLS CORP KSS 05/23) OSi23 PRICE DEBIT AMOUNT CREDIT AMOUNT 62 229,415.00 BOUGHT METHANEX CORP MEOH 3,100.00 7.8675 24,404.25 SOLD PACIFIC SUNWEAR OF CALIFOANIA PSUN INC 75,281.42 08/29/01 05/23) SOLD QUIKSILVER INC 20K 28,220.05 “BOUGHT UNITEDGLOBALCOM UCOMA {5.0600 43,689.00 CLA 05129101 05/23) 027 05/2601;12:10 001 va7e EFTA00198317

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 19 of 19 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 28,2001 THROUGH May 25, 2001 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT April 27,2001 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 05/30/01 05/24/01 BOUGHT AMERICAN EAGLE OUTFITTERS INC AEOS 2,500.00 36.9075 92,283.75 NEW 05/30/01 05/24/01 SOLD CAPSTONE TURBINE CORP CPST 05/30/01 05/24/01 SOLD INRANGE TECHNOLOGIES CORP NRG 33.8757 19.7680 osi31/01 05/25/01 D KENNETH CLA 05/31/01 05/25/01 SOLD INRANGE TECHNOLOGIES CORP iNRG as Osi31/01 O5i25101 SOLD NAUTICA ENTERPRISES INC NAUT 05/31/01 05/25/01 BOUGHT TALBOTS INC P 32.5312 20.1700 25,505.74 36.9817 68,542.15 05/31/01 05/25/01 SOLD TIMBERLAND CO-CLA Tat “200.00, 48.2944 9,631.55 Sees eee eEEEEyEEUEyEEeeEeEeE——>_—_——————_—SSSSSSSSssssssss es) TOTAL $514,709.40 $928,708.50 The above trades do not appear in any other section of this statement 027 05/26/01;12:10 001 v478 EFTA00198318

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Seay, Stowe Securities Co Bear, Stearns & Co. Inc. Gre Matatech ‘Conter Nor BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 . account umccr What’s In This Statement | PP | ery en eee vaxpayer wuveer LAST STATEMENT March 30, 2001 Financial Summary ,. 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings . _ 4 C/O FINANCIAL TRUST COMPANY Transaction Detail ....tieeceeseeneene 8 ATTN LARRY KEMP Fund Activity sess . 19 Trades Not Yet Settled ., nN =a Your Portfolio at a Glance Market Value of Your Portfolio 563,65 TOTAL VALUE OF SECURITIES THIS PERIOD 15,071,905 “ash & Equivalent az - ' NET CREDIT BALANCE 908,047 cauitis 15,071,908 MONEY MARKET FUND BALANCE 2,655,604 $15,339,410 Aen nneneenenenen es | anenenennnnennenenenn ess) ennnnennnnenens | | Current market value NET EQUITY LAST STATEMENT 17,398,274 CHANGE SINCE LAST STATEMENT 1,237,282 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document This statement should be retamed for your records. See reverse side for important information o27 04/28/01 ;18:46 001 vari EFTA00198319

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 2 of 21 STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/28/01 18:46 001 vant EFTA00198320

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $913,098.51 Securities Sold 4,989,996.61 Money Fund 2,359,838.65 Dividends/Interest 9,051.66 Amount Credited $7,358,886.92 Securities Bought -3,481,149.37 Money Fund -3,859.838.65 Funds Withdrawn -21,752.56 Dividends/Interest Charged 47.91 Miscellaneous -1,150.00 Amount Debited Net Cash Activity -5,051.57 Cash Balance Summary ee Cash 46,515.77 88,716.86 Margin 866,582.74 819,330.08 Net Cash Balance $913,098.51 $908,046.94 New York, New York 10167 Income Summary THiS PERIOD Dividends 15,296.15 Substitute Payment 0.00 Credit Balance Int. 3,594.16 - L Short Dividends 0.00 Foreign Tax Withheld 0.00 Margin Int. Paid -47.91 Portfolio Composition Cash/Cash Equivalent Equities $18,635,556 Total CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 3 of 21 STATEMENT PERIOG March 31,2001 THROUGH April 27,2001 account sumccr rwraver maccn LAST STATEMENT March 30, 2001 YEAR TO DATE 87,717.04 630.00 25,097.25 3,563,651 15,071,905 oeee Your Portfolio Allocation Cash & Equivalent 20% — Equities 80% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 027 04/28/01 18:46 001 vant EFTA00198321

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 oa Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 908,047 THE TREASURERS FUND INC GTDXX 2,655,603.50 1.0000 2,655,604 108,880 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,563,651 $108,880 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE MRGN 8,800 34.1100 300,168 ACTY INC IATY MRGN ALLEGIANCE TELECOM INC ALGX MRGN INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 15.5000 585,900 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 16,550 37.0400 613,012 NEW AMR CORP-DEL AMR MRGN 7,550 37.7400 284,937 ADELPHIA COMMUNICATIONS CORP ADLAC MRGN 18,154 35.4900 644,285 CLA ALASKA AIR GROUP INC ALK MRGN 6,200 28.2900 175,398 AMERICAN EXPRESS COMPANY AXP MRGN 4,400 43.7400 192.456 1,408 0.7316 74400 274.536 BEVERLY ENTERPRISES INC NEW BEV MRGN 36,900 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH ACCOUNT NUMBER April 27,2001 rwraver maccn LAST STATEMENT O27 04/28/01 18:46 001 March 30, 2001 vant EFTA00198322

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 ofa Your Portfolio Holdings (continued) Equities & Options (continued) ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE PRICE VALUE ANNUAL INCOME YELD (%) BAAR LABORATORIES INC BAL MRGN 55.7500 167,250 CHILDRENS PLACE RETAIL STORES PLCE CASH f 23.1500 184,043 CARNIVAL CORP-CL A Gel MAGN KENNETH COLE PRODUCTIONS INC KCP MRGN CLA CONTINENTAL AIRLINES INC-CL B CAL MRGN DMC STRATEX NETWORKS INC STXN MRGN ELECTRIC LIGHTWAVE INC-CL A ELIX MAGN B F GOODRICH CO ™ GA MRGN PUT GOODRICH B F MAY O30CBOE GROF MRGN EXP 05/19/2001 TTT INDUSTRIES INC iit I-MANY INC IMNY MRGN INRANGE TECHNOLOGIES CORP INRG MAGN 30,800. 74/9300 459.844 cB 30.0500 2.6800 136,948 40.2100 446,331 12.210 ‘ 2.7356 4.920 1.3363 368.180. 42'3800 506.342 HCA-HEALTHCARE CO HCA MRGN 12,100 38.0600 460,526 968 o2i02 1,870 HARRIS CORP-DEL HRS MAGN 9.350 27/5500 257.593 0.7260 HEALTH MANAGEMENT ASSOCIATES HMA MAGN 16.150 17.4400 281.656 INC NEW-CL A JDS UNIPHASE CORP JDSU MAGN 1,450 19.2600 27,927 com JONES APPAREL GROUP INC JNY MRGN 4,100 39.0000 159.500 K MART CORP KM MAGN 22,700 9.8200 222,914 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH ACCOUNT NUMBER April 27,2001 rwraver maccn LAST STATEMENT O27 04/28/01 18:46 001 March 30,2001 vant EFTA00198323

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 oa Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) LYONDELL CHEMICAL COMPANY LYO MRGN 7,000 15.8800 111,160 6,300 5.6675 MGLEODUSA INC-CLA MCLD MAGN 28,950 8.7300 252.734 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN 10,400 16.5200 171,808 5,616 3.2688 METROMEDIA FIBER NETWORK ING MENK MAGN 35,000 4.7500 166.250 CLA MCKESSON HBOC INC McK MRGN 12,000 27.21 a0 326,520 2,880 0.8820 COM MARSH & MCLENNAN COMPANIES INC MMC MRGN 1,450 98.3700 142.637 2,900 2.0331 NAUTICA ENTERPRISES INC NAUT MAGN 11,450 18.5600 Wisi2 ~ NORTHWEST AIRLINES CORP NWAC MAGN 3,000 25.1200 75,360 POLO RALPH LAUREN CORP-CL A RL MRGN 3,804 26.4800 100,730 ‘Sel SYSTEMS INC sci MRGN 4,050 24.6500 99,833 SPX CORP sPw MRGN 4,050 111.0500 449,753 ‘SOUTHWEST AIRLINES CO Luv MRGN 10,200 18.4200 187,884 184 0.0979 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOG March 31,2001 THROUGH April 27,2001 account sumccr rwraver maccn LAST STATEMENT March 30,2001 a2? 04/28/01 18:46 001 vant EFTA00198324

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 7 of 1 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRETION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} TYCO INTERNATIONAL LTD TYC MRGN 11,300 53.7700 607,601 565 0.0930 TIME WARNER TELECOM INC Twic MRGN 3,900 48.1500 187,785 TENET HEALTHCARE CORP THC MAGN TRANSWITCH CORP TXCC MRGN TIMBERLAND CO-CL A TBL MRGN 13,550 46.8000 634,140 15.8100 404.346 UNITEDGLOBALCOM UCOMA MRGN {7,050 75"3900 262.400 CLA USA NETWORKS INC USAI MAGN 5,400 24.0100 129,654 UNITED RETAIL GROUP INC UAGI MRGN "7007-4500 424.415 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3.200 87.2900 279,328 cLB VITRIA TECHNOLOGY INC VITR MRGN 28,350 4.5000 127,575 COM XO COMMUNICATIONS INC XOXO MRGN 16,000 3.7900 60,640 CLA Total Equities& Options $15,071,905 $45,800 TOTAL EQUITIES $15,071,905 $45,800 YOUR TOTAL ESTIMATED ANNUAL INCOME $154,680 YOUR PRICED PORTFOLIOHOLDINGS $18,635,555 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31,2001 THROUGH ACCOUNT NUMBER April 27,2001 Taxpayer nuwecr LAST STATEMENT O27 04/28/01 ;18:46 001 March 30, 2001 vant EFTA00198325

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of 21 STATEMENT PERIOO March 31,2001 THROUGH April 27,2001 Transaction Detail — ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY LAST STATEMENT = March 30, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/02/01 03/28/01 SOLD QUIKSILVER INC Z0K -1,000 27.40500 27,329.08 EXECUTION BY BUCK COMMISSION 60,00 SEC FEE 92 O4aidzI61" S807 BOUGHT SPECTRASITE HOLDINGS INC” Site 8450 451980 3820737" EXECUTION BY FBCO EXECUTION BY BUCK COMMISSION 114,00 Oai0sIOT OSBS/07"" BOUGHT KENNETH COLE BAOBUCTIONS INC KEP 3,000 34°30500 48,545.00" CLA EXECUTION BY BUCK COMMISSION 120,00 04/03/01 03/29/01 SOLD FOOTSTAR INC FITS -3,500 40.13796 140,252.87 EXECUTION BY BUCK COMMISSION 210,00 SEC FEE 4,69 INRANGE TECHNOLOGIES CORP” iNRG 4,400 765830 aa 71752" GL B EXECUTION BY SBSH VENATOR GROUP INE Zz “77500 {381910 20,607.95 EXECUTION BY VKCO COMMISSION 105,00 SEC FEE .70 04/05/01 04/02/01 SOLD FOOTSTAR INC FTS -1,600 40.33610 64,408. ‘60 EXECUTION BY VKCO COMMISSION 112,00 SEC FEE 2.16 OaiOsiOT OaOZIOT" SOLD VENATOA GROUP INC Zz -3,150 13.46930 42,191.38 EXECUTION BY VKCO COMMISSION 220,50 SEC FEE 1,42 O4i0IET OSOSIOT SOLE “ADELPHIA COMMUNICATIONS CORP ABLAG 71) 37-71256 {03,'896'53 CLA EXECUTION BY JPHO SEC FEE 3. AT a2? 04/28/01 18:46 001 vant EFTA00198326

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 21 STATEMENT PERIOG March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 04/06/01 04/03/01 BOUGHT BEVERLY ENTERPRISES INC NEW BEV 3,650 6.03980 22,300.77 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT AS OF 04/03/01 04/06/01 04/03/01 SOLD COMPAQ COMPUTER CORP cPQ -4,600 17.11010 78,366.83 EXECUTION BY OPCO COMMISSION SEC FEE O4ibIOT OSOSIOT SOLE EXODUS COMMUNICATIONS INC EXOS 6,350 750000 46,858.43 EXECUTION BY TWPT SEC FEE 04/06/01 04/03/01 SOLD GATEWAY INC GTW -6,900 15.14020 103,965.89 EXECUTION BY DAIN COMMISSION SEC FEE 04/06/01 04/03/01 SOLD HARRIS CORP-DEL HAS -3,000 21.16451 63,266.40 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION 210,00 SEC FEE 2.12 EXECUTION BY RSSF SEC FEE EXECUTION BY FAHN COMMISSION 283,50 SEC FEE 26 NY REGISTRY SHS EXECUTION BY MSCO COMMISSION 364,00 SEC FEE 5.62 EXECUTION BY MSCO a2? 04/28/01 18:46 001 vant EFTA00198327

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 2) STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 04/06/01 04/03/01 SOLD SENSORMATIC ELECTRONICS CORP SRM -6,100 18.34500 111,458.76 EXECUTION BY RYAN COMMISSION 427,00 SEC FEE 3.74 04/06/01 04/03/01 SOLD TEXAS INSTRUMENTS INC TXN -1,900 27.00000 51,150.29 SEE NOTE *S" ON BACK EXECUTION BY FBCO COMMISSION SEC FEE O4i0IET O4OSIOT SOLE USA NETWORKS INC : USAi "5,400 33°15316 725,007.57 EXECUTION BY SBSH SEC FEE 4.17 O4ibIET OSOSIOT SOLE VITESSE SEMICONDUCTOR CORP Wiss 25306 30:60006 EXECUTION BY FBCO SEC FEE 1,54 04/09/01 04/04/01 SOLD APPLIED MATERIALS INC AMAT -1,600 37.93750 60,682.97 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 2,03 45,983.46 04/09/01 04/04/01 BOUGHT LYONDELL CHEMICAL COMPANY LyYo 7,000 14.48720 101,915.40 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BARD COMMISSION 490,00 EXECUTION 8Y BUCK COMMISSION SEC FEE MBERLAND "CS" EXECUTION 8Y BUCK COMMISSION "BEVERLY "ENTERPRISES Ti a2? 04/28/01 18:46 001 vant EFTA00198328

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 1 oar STATEMENT PERIOO March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/10/01 04/05/01 BOUGHT SOLUTIA INC Sol 1,800 12.45630 22,544.34 EXECUTION BY BUCK COMMISSION 108,00 EXECUTION BY INET COMMISSION 396,00 EXECUTION BY BUCK COMMISSION 360,00 SEC FEE 6.91 04/11/01 04/06/01 SOLD COMPAQ COMPUTER CORP cPQ -4,600 16.38330 75,023.66 EXECUTION BY DBAB COMMISSION 322,00 SEC FEE 2,52 EXECUTION BY RSSF SEC FEE 9.51 ABERCROMBIE & FITCH CO-CLA ANF -750 34.61790 25,902.56 EXECUTION BY BUCK COMMISSION 45,00 SEC FEE 87 04/16/01 04/10/01 SOLD ABERCROMBIE & FITCH CO-CLA ANF -900 36.06680 32,390.03 EXECUTION BY BUCK COMMISSION 54,00 SEC FEE 1,09 AS OF 04/10/01 04/10/07 SOLE REPLIED MICRO CIRCUITS CORP AMEE 2;700 {6.34400 EXECUTION BY FBCO SEC FEE 1,48 04/16/01 04/10/01 SOLD ANALOG DEVICES INC ADI -2,300 34.96670 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RYAN COMMISSION SEC FEE 5,080.04 O4aiT6I04 44,112.32 80,24472 a2? 04/28/01 18:46 001 vant EFTA00198329

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 ofa STATEMENT PERIOO March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/16/01 04/10/01 SOLD 12 TECHNOLOGIES INC ITWO -3,100 20.44500 63,362.38 EXECUTION BY COWN SEC FEE 2.12 EXECUTION BY BMUR COMMISSION 63,00 SEC FEE 117 OaTEOT OSTOOT SOLE PACIFIC SUNWEAR GF CALIFOANIA BSN “1550 3834000 43,755.54 INC EXECUTION BY RHCO SEC FEE 1.46 04/16/01 04/10/01 SOLD VITESSE SEMICONDUCTOR CORP VISS -1,300 21.23000 EXECUTION BY COWN SEC FEE 92 04/17/01 04/11/01 SOLD APPLIED MICRO CIRCUITS CORP AMCC -1,100 21.24330 23,351.85 EXECUTION BY FBCO SEC FEE 78 (01 SOLD ANALOG DEVICES INC ADI -1,550 39.58750 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBWA COMMISSION 108,50 SEC FEE 05 04/17/01 04/11/01 SOLD APPLIED MATERIALS INC AMAT -700 48.00000 33,583.88 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 37,583.08 Oat OST 61,235.08 SEE NOTE "S* ON BACK EXECUTION BY BUCK COMMISSION 150,00 2, SEC FEE a2? 04/28/01 18:46 001 vant EFTA00198330

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 INSTITUTIONAL INTERESTS 13 of 21 STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDA AMOUNT 04/17/01 04/11/01 SOLD MICRON TECHNOLOGY INC MU -1,450 42.95000 62,158.92 EXECUTION BY FBWA COMMISSION 101,50 SEC FEE 2,08 CaF OTT RESEARCH WN MOTION TTD Rint "F300 3683106 95,625.77 NEW EXECUTION BY INCA COMMISSION 219,00 SEC FEE 6.53 AS OF 04/11/01 OaTTIOT OST TEXAS INSTRUMENTS INC SEE NOTE "S' ON BACK EXECUTION BY FBWA COMMISSION 56,00 SEC FEE 92 34°75000 37:34808 EXECUTION BY FBCO SEC FEE 1,08 EXECUTION BY FBCO SEC FEE EXECUTION BY TWPT SEC FEE Inc EXECUTION BY JPHO SEC FEE WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 1.65 AS OF 04) 12101 a2? 04/28/01 18:46 001 vant EFTA00198331

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 14 offer STATEMENT PERIOO March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/18/01 04/12/01 SOLD EXODUS COMMUNICATIONS INC EXDS -12,650 8.09550 102,389.66 EXECUTION BY FBCO SEC FEE 3.42 AS OF 04/12/01 “BACIFIC SUNWEAR OF CALIFOANIA SiN 6.450 32°64170 14605397" INC EXECUTION BY RSSF GUIKSILVER iN 20K 950 33'44890 2234846" EXECUTION BY BUCK COMMISSION 57,00 TIMBERLAND “CO-cr'A" EXECUTION BY BUCK COMMISSION 84,00 EXECUTION BY BUCK COMMISSION 182,50 POLO RALPH LAUREN C EXECUTION BY BUCK COMMISSION 120,00 WEBMETHODS INC EXECUTION BY TWPT SEC FEE 2.38 ALS EXECUTION BY BUCK COMMISSION 36,00 SENSORMATIC ELECTR EXECUTION BY RYAN 4610126 64,640.68" OartaiG4 8.87750 3260038" oarisior" A RL 2,000 276 45,120.40" 469. i) x CORP SEE NOTE "S*' ON BACK EXECUTION BY INET COMMISSION 24,00 SEC FEE 1,33 a2? 04/28/01 18:46 001 vant EFTA00198332

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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 BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 ofa STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/20/01 04/17/01 SOLD TOMMY HILFIGER CORP-ORD TOM -9,950 11.33490 112,067.00 EXECUTION BY GSCO COMMISSION 696,50 SEC FEE 3.76 H23I01 O4TTROT BOUGHT ABERCHOMBIE E FFCH CO-CL'A™ ‘ANE 3,600 “SO 31676 90,8270" EXECUTION BY BUCK COMMISSION 180,00 ““ABBLIED MICRO CIRCUITS CORE AMES 3°850 34°56316 70,079'84 EXECUTION BY JPHO AME CORP-DEL AMR 7,550 35.2471 366,613.87 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY TUCK COMMISSION 528,50 C4231 Oa BOT BOUGHT ALASKA AIR GROUP INC ALK 6,200 37°334960 169/243'38 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MOKE COMMISSION 434,00 O4i23I0T Oa BOT BOUGHT AMERICAN EXPRESS COMPANY AYP 4,400 42°620360 {87,852.33 EXECUTION BY RSSF COMMISSION 308,00 C4231 OaBIOT BOUGHT CARNIVAL CORE-CI'A” : éci 6.300 38.1749 177,957.87" EXECUTION BY RYAN COMMISSION 441,00 p23I01 Oa BOT BOUGHT CONTINENTAL ARTINES WNECL'E™ Car 1,300 45:98476 a7 5183" EXECUTION BY TUCK COMMISSION 133,00 04/23/01 04/18/01 SOLD CUMMINS ENGINE GO INC CUM -2,100 39'53256 82,853.48 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF COMMISSION SEC FEE OaisaioT Oa TeOT BOUGHT DMC 'STRATEX NETWORKS INC” SHN 7,300 733000 52,794.00" EXECUTION BY COWN a2? 04/28/01 18:46 001 vant EFTA00198333

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 16 of 2) STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 30, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/23/01 04/18/01 BOUGHT EMC CORP-MASS EMC 5,200 34.18850 178,159.20 SEE NOTE *S* ON BACK EXECUTION BY MSCO COMMISSION 364,00 JOSTNIBHASE CORF ™ W686 2,500 "8351430 56/300.75" COM EXECUTION BY FBCO 8.99750 33016 45" EXECUTION BY BUCK COMMISSION 182,50 BOUGHT MARSH & MCLENNAN COMPANIES INC MMC 1,450 95.22250 138,189.13 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY NEED COMMISSION 101,50 METHANEX CORP MEOH "22,000 80000 193,578.54 EXECUTION BY NITE SEC FEE 6.46 O4/23)01Oa7T8I01 BOUGHT NORTEL NETWOAKS CORP NT 6,650 1727100 115,332.65. EXECUTION BY MSCO COMMISSION 465,50 04/23/01 04/18/07 BOUGHT NORTHWEST AIALINES CORP wag 3,000 "25.02000 75,075.00 EXECUTION BY FBCO $'68390 17674618 EXECUTION BY NEED 97.41280 146,224.20 EXECUTION BY BUCK COMMISSION 90,00 SOUTHWEST AIRLINES CO LUV 10,200 17.58500 179,994.00 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MOKE COMMISSION 612,00 a2? 04/28/01 18:46 001 vant EFTA00198334

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS V7 oe STATEMENT PERIOO March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 30,2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/23/01 04/18/01 BOUGHT TYCO INTERNATIONAL LTD TYC 3,150 48.50000 153,010.50 EXECUTION BY MDLD COMMISSION 220,50 EXECUTION BY JPHO ANALOG DEVICES TINE WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MDLD COMMISSION SEC FEE O4aiSaET OSTSIOT SOLE AMERICAN STANDARD COMPANIES aso" “3,450 59.45750 204,865.04 INC-DEL EXECUTION BY MLCO COMMISSION 241,50 SEC FEE 6.84 04/24/01 04/19/01 SOLD EMC CORP-MASS EMC -5,200 42.20000 SEE NOTE "S* ON BACK EXECUTION BY WARR COMMISSION 364,00 SEC FEE 7.32 srs snennsnnsnnenssnpyanntnnessannnnnnnng as enennene ana is tnennennnn gga annnn ns nenntnnnnet 3,000 oajzaior" "43.00000 75,823.96 219,053 68 EXECUTION BY RSSF VS 100 12-08-00, 5600 03-09-01 SEC FEE 2,92 EXECUTION BY MDLD COMMISSION SEC FEE (SRPEL NETWORK EXECUTION 8Y OPCO COMMISSION 465,50 SEC FEE 3.92 EXECUTION BY COWN SEC FEE a2? 04/28/01 18:46 001 vant EFTA00198335

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 18 of 2) STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 30, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/24/01 04/19/01 SOLD WEBMETHODS INC WEBM -3,800 37.84410 143,787.78 EXECUTION BY DAIN SEC FEE 4,80 EXECUTION BY MONT SEC FEE 2,34 EXECUTION BY WARR COMMISSION 210,00 JOSUNIPHASE CORP “ W680 “7,050 37°85000 COM EXECUTION BY SBSH SEC FEE 04/25/01 04/20/01 SOLD SCi SYSTEMS INC Sci -4,000 25.67310 EXECUTION BY TUCK COMMISSION 280,00 SEC FEE 3.43 O4ai25i0T OaB0/0T" SOLE TRANSWiTcH CoA inierel “7,500 19:38000 EXECUTION BY COWN SEC FEE 97 04/26/01 04/23/01 BOUGHT TIMBERLAND CO-CLA EXECUTION BY BUCK COMMISSION 90,00 BEVERLY ENTERPRISES INC NEW AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT 04/27/01 "94/24/01 BOUGHT TIMBERLAND CO-CLA TBL 300 43.74850 13,157.55 EXECUTION BY BUCK COMMISSION 18,00 29,236'52 o4a/5i07" 102;393'87 28/80403 45.69150 68,642'35° 6.80500 30/892'50"" oais7iot"" TOTAL $-3.481 149.37 $4,989,996.61 027 04/28/01 18:46 001 va7t EFTA00198336

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 19 of21 STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr DEPOSITS AND WITHDRAWALS LAST STATEMENT = March 30, 2001 DATE TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 04/26/01 CHECK CK #MT326570MGMT FEES 21,752.56 FEES FR 4/1-6/30/01 BUCKINGHAM CAPITAL MGMT TOTAL $-21,752.56 MONEY FUND ACTIVITY DATE MaDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 03/31/01 OPENINGBALANCE 1,145,764.85 jeaioT BOUGHT THE TREASURERS” FUND INC GID FOTO TOG5T" DOMESTIC PRIME M/M PORTFOLIO SRST REC aaa ec gmt mnt nnn DOMESTIC PRIME M/M PORTFOLIO reed PRIME MM PORTFOLIO ponesnig PRIME My FOLIO DOMESTIC PRIME M/M PORTFOLIO oa ToT BOUGHT THE TREASURERS” FUND INC Gio 78.600 "70000" 75.000°60"" DOMESTIC PRIME MIM PORTFOLIO BUST BSUS TUE TREESURERS EUR DOMESTIC PRIME MIM PORTFOLIO DOMESTIC PRIME MM PORTFOLIO THE TREASURERS FUND | DOMESTIC PRIME M/M PORTFOLIO THE TREASURERS’ FUND GtbY DOMESTIC PRIME M/M PORTFOLIO 6006 sss annnnneraean ys epaennnnnnnnnnnescnnennnnnn 75,000.0 a2? 04/28/01 18:46 001 vant EFTA00198337

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 20 of 21 STATEMENT PERIOD March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) sccout xumccr | rwraver maccn MONEY FUND ACTIVITY (continued) LAST STATEMENT = March 30, 2001 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 04/23/01 DIVIDEND” —~CS TREASURERS FUNDING ”*«<“‘éiR OO 88S MONTHLY DIVIDEND O4/230T REINVEST iii He TREASURERS FUND ING 3 GID 9183865 MONTHLY DIVIDEND REINVESTED THE TREASURERS FUR tb} DOMESTIC PRIME bee ‘PORTFOLIO Donesnic PRIME MUM PORTFOLIO Bowe STiC PRE hand SOHO LIO 04/27/01 CLOSINGBALANCE 2,655,603.50 TOTAL $-3,859,838.65 $2,359,838.65 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) OEBIT AMOUNT CREDIT AMOUNT 04/02/01 BF GOODRICH CO GR 11,100 0.2750 3,052.50 REC 03/05/01 PAY 04. REC 03/16/01 PAY 1 O4IGZI0T" MCKESSON HBOS NO woe ‘ 12;000°°"""G.6600 720.00 O4/20107"” CONBAG COMPUTER CORP (eae) 92007" "66250 REC 03/30/01 PAY 04/20/01 04/27/01 CASUAL MALE CORP MASS CMAL 15,000 0.0150 225.00 REC 04/20/01 PAY 04/27/01 TOTAL $5,457.50 a2? 04/28/01 18:46 001 vant EFTA00198338

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 21 of 2 STATEMENT PERIOO March 31,2001 THROUGH April 27,2001 Transaction Detail (continued) ACCOUNT NUMBER FY Taxpayer nuwecr INTEREST LAST STATEMENT = March 30,2001 CESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT INT CR APR O1 3,594.16 $-47.91 $3,594.16 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 04/06/01 JOURNAL 03/01 CLA CHG 25 370.00 rman $-1,150.00 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT SOLD CARNIVAL CORP-CL A CCL 26 47,953.89 TOTAL $22,454.05 $126,356.94 The above trades do not appear in any other section of this statement a2? (04/28/01 ;18:46 001 vert EFTA00198339

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS What’s In This Statement Financial Summary , Your Portfolio Holdings . . 4 Transaction Detail .....usssseeenees 8 Fund Activity vssensees » 24 Trades Not Yet Settled ., Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD = 15,339,410 NET CREDIT BALANCE 913,099 MONEY MARKET FUND BALANCE 1,145,765 NET EQUITY LAST STATEMENT 19,015,487 CHANGE SINCE LAST STATEMENT “1,617,214 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. Bear, Stearns Securities Corp. STATEMENT PERIOO February 24,2001 THROUGH March 30, 2001 account numccr = Wesallssedesls Messed Taxpayer nuwecr F INSTITUTIONAL INTERESTS LAST STATEMENT ebruary 23,2001 C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP Market Value of Your Portfolio 864 Cash & Equivalent WME 52.058 $3,922,293 Equities $15,339,410 $15,093,194 | | Current market value ERB] Last statements market value This summary is for informational purposes only. It Is not intended as a tax document This statement should be retamed for your records. See reverse side for important information o27 00/31/01 ;18:43 001 V466 EFTA00198340

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 2 of 26 STATEMENT BACKER IS PRINTED ON THIS PAGE a2? 04/31/01 ;18:43 001 v466 EFTA00198341

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 3 of 26 Cash Flow Analysis THIS PERIOD OpeningBalance $963,481 25 Securities Sold 5,763,504.30 Money Fund 4,111,953.32 Dividends/Interest 9,095.12 Miscellaneous 66.00 Amount Cr ited $9,884.618.74 Securities Bought -7,647,892.16 Money Fund -2,286,953.32 Miscellaneous -156.00 Amount Debited Net Cash Activity -50,382.74 Cash Balance Summary OFENING CLOSING Cash 46,515.77 46,515.77 Margin 916,965.48 866,582.74 Net Cash Balance $963,481.25 $913,098.51 Income Summary THiS PERIOD Dividends 15,127.82 Substitute Payment 0.00 Credit Balance Int. 5,920.62 Short Dividends 0.00 Foreign Tax Withheld -156.00 Portfolio Composition Cash/Cash Equivalent Equities $17,398,274 Your Portfolio Total Total $21,048.44 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account sumccr rwraver maccn LAST STATEMENT February 23,2001 YEAR TO DATE 42,420.89 630.00 21,503.09 2,058,864 15,339,410 Allocation Cash & Equivalent— 12% — Equities 88% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, O27 04/31/01;18:43 001 v466 EFTA00198342

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 of 26 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 913,099 THE TREASURERS FUND INC GTDXX 1,145,764.85 1.0000 1,145,765 51,559 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $2,058,864 $51,559 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYE QUANTITY PRIE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE MRGN 13,450 32.7000 439,815 ACTY INC IATY MRGN 22,300 4.0940 91,296 ALLEGIANCE TELECOM INC ALGK MRGN 1 1,300 14.7500 166,675 INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 14.0000 529,200 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 16,550 28.7500 475,813 NEW ADELPHIA COMMUNICATIONS CORP ADLAC MRGN 20,954 40.5000 848,637 CLA ANALOG DEVICES INC ADI MRGN 5,400 36.2400 195,696 APPLIED MATERIALS INC AMAT MRGN 3,300 43.5000 143,550 AMERICAN STANDARD COMPANIES ASD MRGN 3,450 59.0700 203,792 INC-DEL CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH ACCOUNT NUMBER March 30, 2001 rwraver maccn February 23,2001 LAST STATEMENT O27 04/31/01 ;18:43 001 v466 EFTA00198343

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 26 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) BEVEALY ENTERPRISES INC NEW BEV MRGN 25,100 8.0000 200,800 CHILDRENS PLACE RETAIL STORES PLCE CASH 9,900 24.0000 237,600 INC CASUAL MALE CORP MASS CMAL MRGN 15,000 3.0000 45,000 900 2.0000 KENNETH COLE PRODUCTIONS INC KCP MRGN 1,200 24.9500 29,940 CLA COMPAQ COMPUTER CORP cPQ MRGN 9,200 18.2000 167,440 920 0.5495 EMG CORP-MASS EMC MAGN 2,500 29.4000 73,500 ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN 51,100 2.0940 107,003 EXODUS COMMUNICATIONS INC ExDS MRGN 18,900 10.7500 203,175 {2210 2.8668 BF GOODRICH Co GA MRGN 11,100 38.3700 PUT GOODRICH B F MAY 030CBOE GAOF MRGN 70 0.5000 EXP 05/19/2001 IT INDUSTRIES ING iT MRGN 8,200 38.7500 317,750 4,920 1.5484 12 TECHNOLOGIES INC Two MRGN 3,100 1 4.5630 45,145 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account sumccr rwraver maccn LAST STATEMENT February 23,2001 O27 04/31/01;18:43 001 v466 EFTA00198344

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of 268 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) HEALTH MANAGEMENT ASSOCIATES HMA MRGN 16,150 15.5500 251,133 INC NEW-CL A JONES APPAREL GROUP INC TINY K MART CORP KM MRGN MGLEODUSA INC-CLA MCLD MAGN 28,950 8.6560 250.591 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN 10,400 16.3700 170,248 5,616 3.2987 189,000 144,760 METROMEDIA FIBER NETWORK INC MENX MRGN 35,000 5.4800 191,800 CLA MCKESSON HBOC ING MCK MRGN 42,000 26.7500 321,000 2880 0.8972 com NVIDIA CORP NYDA MRGN 3,250 64.9220 210,997 NOVA CHEMICALS CORP NCK MRGN 4,500 20.1 ‘000 90,450 742 0.8203 NAUTICA ENTERPRISES INC NAUT MRGN 11,450 17.9380 205,390 INC QUIKSILVER INC ZQK MRGN 17,442 26. 5500 463,085 RESEARCH IN MOTION LTD RIMM MAGN 7,300 21.9700 160,381 NEW SCI SYSTEMS INC SCl MRGN 12,100 18.2000 220,220 SPX CORP sPw MAGN 2,550 90.7600 231,438 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH ACCOUNT NUMBER March 30, 2001 rwraver maccn February 23.2001 LAST STATEMENT O27 04/31/01 ;18:43 001 v466 EFTA00198345

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 7 of 26 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) SOLUTIA INC Sol MRGN 6,000 12.2000 73,200 240 0.3279 STMICROELECTAONICS NI STM MAGN 5,200 34-1700 177.684 156 "9.0878 NY REGISTRY SHS SPECTRASITE HOLDINGS INC SITE MRGN 9,600 4.3130 41,405 SENSORMATIC ELECTRONICS CORP SRM MRGN 12,050 19.0000 228,950 TENET HEALTHCARE CORP THC MAGN 9,250 44.0000 407,000 TEXAS INSTRUMENTS INC TXN MRGN 3,900 30.9800 120,822 332 0.2748 TRANSWITCH CORP TXCC MRGN 7,300 13.1250 95.813 UNITEDGLOBALCOM UCOMA MRGN 17,050 13.1250 223,781 CLA UNITED RETAIL GROUP INC UAGI MRGN 16,700 8.3750 139,863 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3,200 88.3000. 282,560 cLB VITRIA TECHNOLOGY INC VITR MRGN 28,350 3.8130 108,099 com VENATOR GROUP INC Z MRGN 4,650 73.8000 64,170 VITESSE SEMICONDUCTOR CORP vTss MAGN 5,000 23.8130 119,065 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH ACCOUNT NUMBER March 30, 2001 rwraver maccn February 23.2001 LAST STATEMENT O27 04/31/01 ;18:43 001 v466 EFTA00198346

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Your Portfolio Holdings (continued) ey Equities & Options (continued) Taxpayer nuwecr LAST STATEMENT February 23,2001 ACCT MAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRE VALUE ANNUAL INCOME YELD (%) XO COMMUNICATIONS INC XOXO MRGN 16,000 7.0000 112,000 CLA Total Equities& Options $15,339,410 $35,282 TOTAL EQUITIES $15,339,410 $35,282 YOUR TOTAL ESTIMATED ANNUAL INCOME $86,841 YOUR PRICED PORTFOLIOHOLDINGS $17,398,273 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/26/01 02/21/01 BOUGHT EMC CORP-MASS EMC 2,800 46.56400 130,590.20 SEE NOTE "S* ON BACK EXECUTION BY RSSF COMMISSION 196,00 SISSY QSBSHISTOT WSU EUNISEFESUAISLOSTES ESE mmc ne cLB EXECUTION BY SBSH FORMERLY MCLEOD INC EXECUTION BY SBSH O27 04/31/01 ;18:43 001 v466 EFTA00198347

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BEAR STEARNS 9 of 26 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 02/26/01 02/21/01 BOUGHT 02/26/01 02/21 OSBEGT ORST07 osa7i0r"" OR7IOT OBBEI0T BOUGHT DESCRIPTION SUN MICROSYSTEMS INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF TIMBERLAND “CO-cr'A” EXECUTION BY RHCO COMMISSION 84,00 WEBMETHODS Ne EXECUTION BY JPHO NEW WITH DUE BEL SPLT 3:2 EXECUTION BY RSSF SEC FEE 6.24 INC EXP 03/19/2001 SPINOFF ON 52200 SHS ADELPHIA BUSINESS SOLUTIONS RTS FIR AOO7464 REC 02/12/01 PAY 02/ 1 ERICAN EAGLE OUTFITTERS INC CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 account sumccr rwraver maccn LAST STATEMENT February 23,2001 PRICE DEBIT AMOUNT CREDIT AMOUNT 20.31250 79,233.75 $4°37086 6537796" 49°30006 93/685 60" 63.4453 187,037'34 RIS ADELPHIA’ BUSINESS SOLUTION EXECUTION BY RSSF COMMISSION 280,00 5.86 SEC FEE EXECUTION BY CANT COMMISSION SEC FEE “eTGROUP EXECUTION 8Y WPCO COMMISSION 140,00 SEC FEE 18 027 04/31/01 ;18:43 001 v466 EFTA00198348

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/27/01 02/22/01 SOLD EMC CORP-MASS EMC -2,800 34.25500 95,699.80 SEE NOTE "S* ON BACK EXECUTION BY RSSF COMMISSION 196,00 SEC FEE 3.20 INC-DEL EXECUTION BY BUCK COMMISSION 636,00 SEC FEE 15,10 AS OF 02/22/01 ORT ORSB07 EXECUTION BY GKMC COMMISSION 371,00 SEC FEE 54 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MONT COMMISSION 35,00 SEC FEE 1,81 AS OF 02/22/01 EX CORP MEOH 712,800 6.15630 78,783.01 EXECUTION BY SBSH SEC FEE 2.63 iC SUNWEAR CALIFOANIA INC EXECUTION BY RSSF SEC FEE 3.94 “31300 30:00006 UN MICROSYSTEM: WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 2.60 a2? 04/31/01 ;18:43 001 v466 EFTA00198349

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARN S — i 10167 11 of 26 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) a ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/27/01 02/22/01 SOLD TJX COMPANIES INC NEW TWX -3,100 29.51490 91,261.14 EXECUTION BY MDLD COMMISSION 217,00 SEC FEE 3.05 02/27/01 02/22/01 SOLD VENATOR GROUP INC Zz “78,300 10.6163 {ST 92734 EXECUTION BY VKCO COMMISSION 1,274,00 SEC FEE 6.45 oss7i07"" NAME CHE BAKER JING OS7ES3 700 "19,600 8036507 TO co09142 NIC CASUAL MALE CORP ose7i07"" NAME CHE CASUAL MALE CORB MASS chia 79,000 C009142 FROM 8036507 NIC CASUAL MALE CORP Os2a0T OBSS0T BOUGHT ALLEGIANCE TELECOM INC ALEX 3,300 19°31250 533375" EXECUTION BY JPHO EXECUTION BY COWN OsseOT ORS30T BOUGHT Ava CORP LIBERTY MEDIA GROUE inca 7600 1448916 {OT S877 SERA EXECUTION BY TUCK COMMISSION 490,00 AS OF 02/23/01 OsEET ORBSOT SOLE CITIZENS COMMUNICATIONS CO Citi 33,300 1461726 339,756.40 EXECUTION BY BUCK COMMISSION 1,398.00 SEC FEE 11,36 AS OF 02/23/01 OsseET ORS30T BOUGHT KENNETH COLE BRODUCTIONS INC Ke 3,760 39°15726 9067933" CLA EXECUTION BY FANA COMMISSION 217,00 OsseET ORS30T" BOUGHT “CISCO SYSTEMS ING : e866 3:700 35'50006 6386500" EXECUTION BY JPHO a2? 04/31/01 ;18:43 001 v466 EFTA00198350

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 02/28/01 02/23/01 BOUGHT EMC CORP-MASS EMC 2,500 40.14000 100,540.00 SEE NOTE *S* ON BACK EXECUTION BY MLCO COMMISSION 175,00 AS OF 02/23/01 EXECUTION BY RSSF OsseIET ORS30T" BOUGHT TUCENT TECHNOLOGIES INC i 7750 1236606 9557256 EXECUTION BY RSSF COMMISSION 542,50 osaaOT ORSa0T" BOUGHT NOKIA CORP-SPGNSGRED ADR” NOK 2,800 30°95000 58,877.00" REPSTG 1 SER AFM 5 PAR EXECUTION BY GSCO COMMISSION 196,00 02/28/01 02/23/01 SOLD POLO RALPH LAUREN CORP-CL A RL -4,150 33°071960 120,338.86 EXECUTION BY JRCO COMMISSION 290,50 SEC FEE 4,03 AS OF 02/23/01 Os2aOT OBSS07" BOUGHT ataéic" care “ atée 7/300 39.77500 75,587.50" EXECUTION BY JPHO 02/28/01 02/23/01 BOUGHT TEXAS INSTRUMENTS INC TXN 1,950 29.50000 57,676.50 SEE NOTE "S' ON BACK EXECUTION BY MOTC COMMISSION 136,50 AS OF 02/23/01 Os2aIOT OBSOT BOUGHT MBERLAND CO:CTA™ . Tar 800 $3.48860 42,846 88 H OF 02/23/01 OsseET ORS30T BOUGHT UNITEDGIOBALCOM UCOMA 13,600 1445876 (és 36510" a A EXECUTION BY INET COMMISSION 390,00 OsseET ORS30T" BOUGHT VITA TECHNOLOGY Ne” Vita 3°000 458130 S77 ORBEOT OBERT 36 67,657 08" COM EXECUTION BY RSSF a2? 04/31/01 ;18:43 001 v466 EFTA00198351

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/01/01 02/26/01 BOUGHT ee EAGLE OUTFITTERS INC AEOS 2,600 NEW STK SPLITON 5200 SHS REC 02/02/01 PAY 02/23; 03/01/01 02/26/01 SOLD CITIZENS COMMUNICATIONS CO CZN “75,500 15.39086 237,604.44 EXECUTION BY BUCK COMMISSION SEC FEE OSOTET ORBEOT SOLE QLOGIC CORE ‘ (olkere) “1506 4310716 8788575 EXECUTION BY RSSF SEC FEE 03/01/01 02/26/01 SOLD QUIKSILVER INC 20K -1,800 27.99110 50,259.30 EXECUTION BY BUCK COMMISSION —— SEC FEE O3/0Z)01 2/27/07" BOUGHT APPLIED MICRO CIRCUITS CORP AMCC 2 300 30.81250 61,640.00 EXECUTION BY MSCO 12 TECHNOLOGIES INC two 750 38.37500 31,296 :25" EXECUTION BY FBCO oaosio1 Ozi2e/0T BOUGHT ‘APPLIED MICRO CIRCUITS CORP ‘AMEC 3:400 27-12140 92,325.76 EXECUTION BY INET COMMISSION 102,00 KENNETH COLE PRODUCTIONS INC Kee “B00 27'37780 32,318.49 CLA EXECUTION BY BUCK COMMISSION 48,00 SEC FEE Is AS OF 02/2801 osOsOT Osse/07"" SOLD CONSOLIDATED STORES CORP CNS -1,500 15.65000 23,354.21 EXECUTION BY COWN COMMISSION 105,00 SEC FEE osOsOT Osse/0T"" SOLD “BOLO RALPH LAUREN CORP-Ci'a’ RL 900 3869386 25,745.55 EXECUTION BY COWN COMMISSION SEC FEE Os0zIOT O2I37i 03/05/01 027 04/31/01 ;18:43 001 v466 EFTA00198352

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 as Le INSTITUTIONAL INTERESTS 14 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/05/01 02/28/01 SOLD QUIKSILVER INC 20K -1,000 27.00000 26,924.10 EXECUTION BY BUCK COMMISSION 60,00 SEC FEE 90 ADJ 3 FOR 2 STOCK SPLIT EXP 03/17/2001 OPEN CONTRACT AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT AS OF 03/02/01 NEW EXECUTION BY RSSF SEC FEE EXECUTION BY COWN COMMISSION SEC FEE EXECUTION BY COWN COMMISSION 62,72 EXECUTION BY RSSF SEC FEE SEE NOTE "S’ ON BACK EXECUTION BY BMUR COMMISSION NEW EXECUTION BY RSSF Fi EXECUTION BY JPHO 027 04/31/01 ;18:43 001 v466 EFTA00198353

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/09/01 03/08/01 SOLD PUT AMERN EAGLE MAR 040**** 02553E906 45 11.80000 79,512.34 ADJ 3 FOR 2 STOCK SPLIT EXP 03/17/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT ORBIT OROTIOTSOLB PACIFIC” SUNWEAR OF CALIFOANIA SUN “3,600 3812500 56,293 12 INC EXECUTION BY RSSF SEC FEE 1 Os TST OsORIOT BOUGHT AMERICAN EAGIE OUTFITTERS INC aes 4,700 39'94460 140,754.63" NEW EXECUTION BY RSSF 03/13/01 03/08/01 SOLD CONSOLIDATED STORES CORP CNS -2,800 12.56050 34,957.22 EXECUTION BY COWN COMMISSION SEC FEE OSTST OSOSOT SOLE KENNETH COLE BROBUCTIONS INC Ke “31300 3687476 {0458883 CLA EXECUTION BY BUCK COMMISSION 234,00 SEC FEE 3.50 EXECUTION BY FBCO EXECUTION BY TWPT OSOS0T BOUGHT I-MANY INC iMNY 5,600" 1375000 7701500" EXECUTION BY RSSF OsTaIOT OSSOT BOUGHT MICRON TECHNOLOGY INC ct) 3°300 4760006 9447600" EXECUTION BY MOKE COMMISSION 161,00 OT BOUGHT SCi'SYSTEMS INC : Sci 3500 {8.48740 6496530" EXECUTION BY MOKE COMMISSION 245,00 OaT4I04 Osta" OSi08) a2? 04/31/01 ;18:43 001 v466 EFTA00198354

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 16 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/14/01 03/09/01 BOUGHT TYCO INTERNATIONAL LTD TYC 2,900 55.30300 160,596.70 EXECUTION BY BMUR COMMISSION 203,00 EXECUTION BY BUCK COMMISSION 381,00 SEC FEE 3.22 OsTaIET OSSIOT BOUGHT ““VENATOR GROUP NC” Zz 3.600 12.373060 1849830" EXECUTION BY VKCO COMMISSION 672,00 "AMERICAN STANDARD COMPANIES INC-DEL EXECUTION BY MSCO COMMISSION 164,50 SEC FEE 83 oa 61-60900 144,596 82 ovisio1 “OsZIoT Sob CABLEVISION SYSTEMS CORP-CL'A cic 30077" 84°05280 75,566.99 SEE NOTE "S* ON BACK EXECUTION BY MDLD COMMISSION ae FEE OSS T ORT BOT BOUGHT BELT COMPUTER CORP = Beir 3,850 33°50000 86'646/60"" EXECUTION BY FCO ORSOT OSIBOT SOL EMC CORP-MASS EMC -2,500 30.76400 76,567.44 SEE NOTE *S* ON BACK EXECUTION BY RYAN COMMISSION SEC FEE 03/15/01 03/12/01 BOUGHT GATEWAY INC GTW 6,900 15.23670 165,637.33" EXECUTION BY MLCO COMMISSION 483,00 AS OF 03/12/01 ORTSOT ORT BOT BOUGHT i-MANY ING" iMNY 5,800 17730000 69,035 00" EXECUTION BY RSSF 027 04/31/01 ;18:43 001 v466 EFTA00198355

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/15/01 03/12/01 SOLD MARSH & MCLENNAN COMPANIES INC MMC -1,000 98.58070 98,492.41 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION 70,00 SEC FEE 3.29 ORSOT ORBIT BOUGHT SPX CORE SPW 1,450 95.40000 13844650" EXECUTION BY DAIN COMMISSION 101,50 OS TEOT OSTSOT BOUGHT AMERICAN EAGIE OUTFITTERS INC BESS 2,400 34°70546 §9/307°36 NEW _EXEGUTION BY RSSF OST OTST BOUGHT BEVERLY ENTERPRISES INC NEW BEV 7650 734590 5673764" AS OF 03/13/01 ORTEIOT ORTSOT BOUGHT EXODUS COMMUNICATIONS ING” EXBS 3,750 1795316 37,667.27" EXECUTION BY COWN 03/16/01 03/13/01 BOUGHT HEALTH MANAGEMENT ASSOCIATES MA 10,250 1444850 {48 825'6F" INC NEW-CL A EXECUTION BY DAIN COMMISSION 717,50 OST OSTSOT BOUGHT ORION POWER HOLDINGS NC ™ CAN 4,500 34°58076 1094375" EXECUTION BY BARD COMMISSION 315,00 SCiSYSTEMS INC : Sci 1,750 1777966 30,096 80" EXECUTION BY MLCO COMMISSION 122,50 SPECTRASITE HOLDINGS INC” Site 31350 8.78516 39/545 53" EXECUTION BY INET COMMISSION 100,50 TCO INTERNATIONAL Tip" We 850 45.80000 39,004°50"" EXECUTION BY MDLD COMMISSION 59,50 ORTEIOT ORTSOT BOUGHT WEBMETHODS INC . WEEN 7,300 35'82500 49,082'50"~ EXECUTION BY TWPT OsT6i04 03/16/01 03/16/01 a2? 04/31/01 ;18:43 001 v466 EFTA00198356

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 18 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/19/01 03/14/01 BOUGHT ee EAGLE OUTFITTERS INC AEOS 5,800 25.67530 148,931.74 NEW EXECUTION BY RSSF WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO COMMISSION 378,00 OS TSOT OST SIOT BOUGHT BEVERLY ENTERPRISES TNC NEW 736360 12674583" CONMBAG COMPUTER CORP Cha 9°300 1868116 181,725.12" EXECUTION BY BMUR COMMISSION 644,00 EXECUTION BY MONT COMMISSION 287,00 SEC FEE 1.75 DEL COMPUTER CORR bei 3,800 34°62500 93,590.00" EXECUTION BY RSSF RON TECHNOLOGY INC EXECUTION BY MSCO COMMISSION 161,00 EXECUTION BY RSSF osisior"” “4,100 1279426 $2,152.47 oar Os 02.41 03) EXECUTION BY DAIN COMMISSION 234,50 NY REGISTRY SHS EXECUTION BY MSCO COMMISSION “SPECTRASITE BOLDIN EXECUTION BY MONT SEC FEE a2? 04/31/01 ;18:43 001 v466 EFTA00198357

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 19 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/19/01 03/14/01 BOUGHT TEXAS INSTRUMENTS INC TXN 1,950 33.02400 64,548.30 SEE NOTE *S* ON BACK EXECUTION BY MSCO COMMISSION 136,50 ORBIT" “OSTSOT SOB ANDAX GAGE ROAY "700 0.00000 34962183 NEW EXECUTION BY INET COMMISSION SEC FEE OSBTGT OSTSOT SOLE CASUAL MALE CORB Mass" Chia “4,000 5.98960 33/8426 EXECUTION BY JEFF SEC FEE 20 OSBTGT OSTSOT SOLE NOKIA CORP-SPGNSGRED ABR NOK 6,400 34°S0006 758,906.68 REPSTG 1 SER AFM 5 PAR FETT TEETER CT CRERERERREES TT CHTT=oa 7 COREA EERE ERERRREE ERR T= ERE TTT EERE EE EXECUTION BY BMUR COMMISSION 175,00 SEC FEE 2,33 os2tiotos/Tei01 SOL ‘APPLIED MICRO CIRCUITS CORP AMCG “5,200 22.87500 718,931.03 EXECUTION BY RSSF SEC FEE 3.97 OaotiO1 “OsieioT SOB ANDRX GROUP ‘ADAX "7,000 4189440 47/848.00 NEW EXECUTION BY INET COMMISSION SEC FEE OST OSTEOT SOLE MICRON TECHNGLOGY INC EXECUTION BY RSSF COMMISSION SEC FEE BEBE BTS ET CO nA ERIT RI EXECUTION BY MSCO COMMISSION 133,00 3862500 177,332.07 1/300 6766000 128-7025 027 04/31/01 ;18:43 001 v466 EFTA00198358

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 20 of 26 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/22/01 03/19/01 SOLD HARRIS CORP-DEL HRS -2,500 23.50980 58,582.54 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY TUCK COMMISSION SEC FEE 03/22/01 03/19/01 SOLD LUCENT TECHNOLOGIES INC LU -7,750 11.01250 EXECUTION BY MDLD COMMISSION 542,50 SEC FEE 2,85 OsS5i07 EXCHANGE RTS ADELPHIA’ BUSINESS SOLUTION 84,786.53 "78,300 INC DUE 03/19/01 EXP 03/19/2001 RTS EXPIRED WORTHLESS EXECUTION BY RSSF OSBEGT OSSTOT SOLE ADELPHIA COMMUNICATIONS CORP ABLAG “3:860" 37'54376 142,646.30 CLA EXECUTION BY JPHO SEC FEE INC EXECUTION BY RSSF SEC FEE EXECUTION BY YKCO COMMISSION 133,00 SEC FEE . as “ABBE MICRO CIRCUS COR EXECUTION 8Y RSSF SEC FEE cLB EXECUTION BY SBSH 027 04/31/01 ;18:43 001 v466 EFTA00198359

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Cop Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 21 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) ow Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/27/01 03/22/01 BOUGHT ORION POWER HOLDINGS INC ORN 2,500 27.04950 67,788.75 EXECUTION BY BUCK COMMISSION 150,00 EXECUTION BY RSSF BOUGHT K MART CORP KM 7,700 8.51150 66,092.55 EXECUTION BY MSCO COMMISSION 539,00 MCLEODUSA INC-CL A FORMERLY MCLEOD INC EXECUTION BY JPHO OsseOT OSSa0T" BOUGHT METROMEDIA FIBER NETWOAK INC MFNK 35,000 5.61120 196;407:00~ 03/28/01 963320 4480938" 03/28/01 Teil} CLA EXECUTION BY DRKW NOVA CHEMICAL EXECUTION BY DRKW COMMISSION 315,00 - Nex 4,500 18.793060 8669400" 03/28/01 03/23) 55,647.00" 03/28/01 EXECUTION BY BUCK COMMISSION 36,00 EXECUTION BY FANA COMMISSION TYCO INTERNATIONAL L EXECUTION BY GKMC COMMISSION 105,00 TIME WARNER TELECO! CLASS A a380" 03/28/01 03/23) "65040 67,035: 03/28/01 03/28/01 03/ EXECUTION BY BUCK MMI: a2? 04/31/01 ;18:43 001 v466 EFTA00198360

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 22 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/28/01 03/23/01 BOUGHT Samora UCOMA 4,050 11.23440 45,514.32 LA EXECUTION BY SBSH CoM EXECUTION | BY RSSF cL A EXECUTION BY SBSH 03/29/01 03/26/01 SOLD ALLERGAN INC AGN -1,900 7703100 734,806.40 EXECUTION BY COWN COMMISSION 133,00 SEC FEE 4,50 Os29/0T OSBEOT SOLE “JONES APPAREL” GROUP INC JNY -1,500 36.8871 55,214.80 EXECUTION BY BUCK COMMISSION 90,00 SEC FEE 1,85 Os29/0T OSBEI0T BOUGHT KMART CORP KiKi 7,700 897976 69,620.63" EXECUTION BY MSCO COMMISSION 462,00 03/29/01 03/26/01 SOLD BOLO RALPH LAUREN CORP-CL'a’ RL -1,450 35:34996 36,509.13 EXECUTION BY BUCK COMMISSION SEC FEE 03/29/01 03/26/01 SOLD VENATOR GROUP INC Zz -2,300 13.35060 30,529. 35 EXECUTION BY VKCO COMMISSION 161,00 SEC FEE 1,03 AS OF 03/26/01 OSSCOT OSSTIOT BOUGHT RPBLIED MICRO CIRCUITS CORE AMEE 5,400 33°34380 12067753" EHECUTON BY COWN oT BOUGHT “APPLIED ‘MATERIALS iN AMAT 3°300 50.9375 16810875" WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO OSGI OS37) a2? 04/31/01 ;18:43 001 v466 EFTA00198361

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 23 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT —- February 23, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 03/30/01 03/27/01 SOLD JONES APPAREL GROUP INC JNY -2,800 38.42780 107,383.25 EXECUTION BY SIMM COMMISSION 196,00 SEC FEE 3.59 MICRON TECHNOLOGY INC EXECUTION BY COWN COMMISSION 255,50 OSSCGT OSSTIOT" BOUGHT RESEARCH IN MOTION Tid" Rin 1,800 37'S9600 3966780" NEW EXECUTION BY INET COMMISSION 54,00 OSSGT ORSTIOT BOUGHT RESEARCH IN MOTION TD" Riki 5,500 35'58900 140,754.50" NEW EXECUTION BY FBCO (01 BOUGHT STMICROELECTRONICS i NY REGISTRY SHS EXECUTION BY MSCO COMMISSION 175,00 63/30/01 03/27/01" BOUGHT TIBCO SOFTWARE INC TiBX 15,000 9.75000 146,265.00. EXECUTION BY TWPT ORSOOT OSETOT BOUGHT TRANSWITCH CORE aiiere 7,300 6.60000 116 815.00" EXECUTION BY RSSF 03/30/01 03/27/01 SOLD VENATOR GROUP INC Z -750 13.23990 9,869.5! EXECUTION BY BUCK COMMISSION 45,00 SEC FEE 34 VITESSE SEMICONDUCTOR CORP Wiss 5,600 33'87500 149,390.00" EXECUTION BY RSSF WEBMETHODS ING WEBM 2.000 29.81250 59,640.00. EXECUTION BY JPHO TOTAL $-7,647,892.16 $5,763,504.30 ORSOOT OSETOT BOUGHT “4805176 175,659:3T" “ORz7i 3801850 95336735" 63/30/04 osrsaior"" O27 04/31/01;18:43 001 v466 EFTA00198362

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 24 of 26 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Transaction Detail (continued) Taxpayer nuwecr MONEY FUND ACTIVITY DATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRIGE DeSIT AMOUNT CAEDIT AMOUNT 02/24/01 OPENINGBALANCE 2,958,811.53 iy 10 300-060 °°" "T6000 300:000°00"" Os13I0T BOUGHT THE TREASURERS FUND INC DOMESTIC PRIME MIM PORTFOLIO DOMESTIC PRIME WWM PORTFOLIO os SiOT "SOLS THE TREASURERS FUND INC 0 "850,000" 76000 $50,000.00 DOMESTIC PRIME WWM PORTFOLIO Os210T DIVIDEND THE TREASURERS” FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND 1795333 ERS FU DOMESTIC PRIME WM PORTFOLIO MONTHLY DIVIDEND REINVESTED 53.3; DOMESTIC PRIME WWM PORTFOLIO Os2ai07" BOUGHT THE TREASURERS” FUND INC GiB 360.660" 776060 366°600'66 0 DOMESTIC PRIME WWM PORTFOLIO Os270T "SOB i) "F000:000°°"" T6G00 _ 1,000°000°66 DOMESTIC PRIME WWM PORTFOLIO ossgi07" "SOB THE TREASURERS” FUND INC “POS0000 TGGGGT {050,000.60 DOMESTIC PRIME MIM PORTFOLIO 03/30/01 CLOSINGBALANCE 1,145.764.85 TOTAL $-2,286.953.32 $4,111,953.32 027 04/31/01 ;18:43 001 v466 accout Nuecr LAST STATEMENT February 23,2001 EFTA00198363

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 25 of 26 Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO February 24,2001 THROUGH March 30,2001 account sumccr Twpaver nuvecr Transaction Detail (continued) DIVIDENDS LAST STATEMENT —- February 23, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CREDIT AMOUNT 03/01/01 HCA-HEALTHCARE CO HCA 12,100 0.0200 242.00 REC 02/01/01 PAY 03/01 RRR ENGINE OO er rarernenesag a aceemnenenaa ne uetestnennencenrenreessenneanenrenrennees tennant REC 03/01/01 PAY 03/15/01 oaisior~ BUTS UABEIS BOREL mvtnemnns nearer nee enemn armen nem na Ber ot tanemannneanatatenemnaremnn it eran REC 03/06/01 PAY 03/16/01 MILLENNIUM CHEMICALS INC MCH 10,400 0.1500 1,560.00 REC 03/14/01 PAY 03/30/01 WH 156.00 FOREIGN TAX WITHHELD TOTAL $-156.00 $3,174.50 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE [) DEBIT AMOUNT CAEDIT AMOUNT 03/21/01 INTCR 5,920.62 TOTAL $5,920.62 MISCELLANEOUS DATE MO/DAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 03/01/01 JOURNAL 02/01 CLA CHG 25 66.00 TOTAL $66.00 a2? 04/31/01 ;18:43 001 V466 EFTA00198364

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 INSTITUTIONAL INTERESTS 26 of 26 STATEMENT PERIOD February 24,2001 THROUGH March 30,2001 Trades Executed Pending Settlement wombs heaven i] LAST STATEMENT February 23,2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP 04/02/01 03/28/01 UIKSILVER IN! SPECTRASITE HOLDINGS ING eee 03/29) PRICE DEBIT AMOUNT CREDIT AMOUNT 27.4050 24.2050 48,545.00 soon BARN LABORATORIES NC a senauseessssaenseaenenausensnseness KENNETH COLE PRODUCTIONS INC KCP CLA SOLD FOOTSTAR INC FITS BOUGHT INRANGE TECHNOLOGIES CORP INRG as 04/03/01 40.1379 140,252.97 7.6583 33,711.52 $228,252.15 The above trades do not appear in any other section of this statement (stor ****** End of Statement*™***** \/ O27 04/31/01 ;18:43 001 v466 EFTA00198365

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 What’s In This Statement Financial Summary , 3 Your Portfolio Holdings . . 4 Transaction Detail .....sssseeeenees 8 Fund Activity vssensees , 15 Trades Not Yet Settled ., 17 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE INSTITUTIONAL INTERESTS C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP Market Value of Your Portfolio 922,293 15,093,194 Cash & Equivalent ee 963,481 Equities 2,958,812 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT $19,015,487 19,541,496 -526,009 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. || 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 PERIOD January 27,2001 THROUGH February 23,2001 account uvccr Twpaver nuvecr LAST STATEMENT January 26, 2001 $15,093,194 $15,040,514 This summary is for informational purposes only. It Is not intended as a tax document This statement should be retamed for your records. See reverse side for important information 027 02/24/01,22:22 001 EFTA00198366

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2 of 8 STATEMENT BACKER IS PRINTED ON THIS PAGE o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 02/24/01 ;22:22 001 EFTA00198367

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR STEARNS 3 of 18 245 Park Avenue Cash Flow Analysis THIS PERIOD OpeningBalance $955,119.95 Securities Sold 3,782,941.45 Money Fund 612,949.20 Dividends/Interest 6,985.02 Miscellaneous 144.50 Amount Cr $4,403,020.17 Securities Bought 381,561.17 Money Fund -12,949.20 Miscellaneous -148.50 Amount Debited Net Cash Activity 8,361.30 Cash Balance Summary OFENING CLOSING Cash 46,515.77 46,515.77 Margin 908,604.18 916,965.48 Net Cash Balance $955,119.95 $963,481.25 New York, New York 10167 Income Summary THiS PERIOD YEAR TO DATE Dividends 13,907.70 27,293.07 Substitute Payment 0.00 630.00 Credit Balance Int. 6,026.52 15,582.47 Short Dividends 0.00 144.50 Portfolio Composition Cash/Cash Equivalent 3,922,293 Equities 15,093,194 Total ‘ $19,015,487 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH ACCOUNT NUMBER rwraver maccn LAST STATEMENT Your Portfolio Allocation Cash & Equivalent— 21% February 23,2001 January 26, 2001 Equities 79% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. 02/24/01,22:22 001 EFTA00198368

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 4 oe Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME CASH BALANCE 963,481 THE TREASURERS FUND INC GTDXX 2,958,811.53 1.0000 2,958,812 150,899 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,922,293 $150,899 EQUITIES Equities & Options ACCT NMAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOLU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) lATV MRGN 22,300 4.9690 110,809 ADELPHIA BUSINESS SOLUTIONS ABIZ MRGN 52,200 5.4380 283,864 INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 30,800 14.6000 449,680 SEI AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 8,700 55.5000 482,850 NEW ANDRX GROUP ADAX MRGN 1,700 56.8130 96,582 Ni ADELPHIA COMMUNICATIONS CORP ADLAC MRGN 24,754 42.1250 1,042,762 CLA AMERICAN EXPRESS COMPANY AXP MRGN 4,000 44.9000 179,600 1,280 0.7127 AMERICAN STANDARD COMPANIES ASD MRGN 5,800 54.4700 315,926 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr rwraver maccn LAST STATEMENT January 26, 2001 02/24/01 ;22:22 001 EFTA00198369

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 8 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) BAKER JINC JBAK MRGN 19,000 7.1880 136,572 1,140 0.8347 CHILDRENS PLACE RETAIL STORES PLCE CASH 9,900 21.1250 209,138 INC CABLEVISION SYSTEMS CORP-CL A cvce MRGN 900 77.0500 69,345 KENNETH COLE PRODUCTIONS INC KCP MRGN 2,800 29.4500 82.460 CLA CONSOLIDATED STORES CORP CNS MRGN 13.2100 178,996 CUMMINS ENGINE CO INC CUM MRGN DIAL CORP NEW DL MRGN ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN 51,100 4.1250 210,788 3.2967 36.4000 76,440 EXODUS COMMUNICATIONS INC ExDS MRGN 12,600 15.1880 191,369 FOOTSTAR INC FTS MRGN 45.7000 FEDERATED DEPARTMENT STORES FD MRGN A 44.1500 467,990 INC-DEL B F GOODRICH CO GA MRGN 11,100 40.8700 453,657 12,210 2.6915 PUT GOODRICH B F MAY 030CBOE GROF MAGN 70 EXP 05/19/2001 ITT INDUSTRIES INC iT MRGN 8,200 39.7500 325,950 4,920 1.5094 |-MANY INC IMNY MRGN 35,200 17.3750 611,600 INRANGE TECHNOLOGIES CORP INRG MRGN 21,000 12.5000 262,500 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr rwraver maccn LAST STATEMENT January 26, 2001 02/24/01 ;22:22 001 EFTA00198370

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 6 of 8 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} HCA-HEALTHCARE CO HCA MRGN 12,100 38.3000 463,430 968 0.2089 HARRIS CORP-DEL HRS MAGN HEALTH MANAGEMENT ASSOCIATES HMA MRGN MCLEODUSA INC-CL A MCLD MRGN 16,300 13.5630 221,077 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN 10,400 16.9000 175,760 5,616 3.1953 MCKESSON HBOC INC McK MRGN 12,000 31.4600 377,520 2,880 0.7629 com MARSH & MCLENNAN COMPANIES INC MMC MRGN 1,500 105.3400 158,010 3,000 1.8986 METHANEX CORP MEOH MRGN 51,100 6.2190 317,791 NAUTICA ENTERPRISES INC NAUT MRGN NOKIA CORP-SPONSORED ADR NOK MRGN 3,600 21.3400 76,824 778 1.0127 REPSTG 1 SER A FM 5 PAR POLO RALPH LAUREN CORP-CL A RL MRGN 11,700 29.1800 341,406 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 9,700 32.4380 314,649 INC QUIKSILVER INC ZQK MRGN 22,742 25.9000 589,018 SCI SYSTEMS INC scl MRGN 3,500 23.8300 83,405 SPX CORP sPw MAGN 500 99.2800 49,640 SPECTRASITE HOLDINGS INC SITE MRGN 15,900 13.2500 210,675 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr rwraver maccn LAST STATEMENT January 26, 2001 02/24/01 ;22:22 001 EFTA00198371

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 7 of 8 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD ('} TYCO INTERNATIONAL LTD TYC MRGN 2,900 53.7800 155,962 145 0.0930 MAGN 7 TENET HEALTHCARE CORP THC MRGN 9,250 45.9100 424,668 TIMBERLAND CO-CLA TBL MRGN 6,350 55.4000 351,790 TOMMY HILFIGER CORP-ORD TOM MRGN 16,300 14.6200 238,306 USA NETWORKS INC USAL MAGN 10,800 22.3130 240,980 UNITED RETAIL GROUP INC UAGI MRGN 5.6880 94.990 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3,200 81.9000 262,080 cLB VITRIA TECHNOLOGY INC VITR MRGN 22,900 4.8750 111,638 COM VEN. XO COMMUNICATIONS INC XOXO MAGN 11,700 14.6250 171,113 CLA Total Equities& Options $15,093,194 $40,699 TOTAL EQUITIES $15,093,194 $40,699 YOUR TOTAL ESTIMATED ANNUAL INCOME $191,598 YOUR PRICED PORTFOLIOHOLDINGS $19,015,487 o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr rwraver maccn LAST STATEMENT January 26, 2001 02/24/01,22:22 001 EFTA00198372

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of 8 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail — ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY LAST STATEMENT —_ January 26, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/29/01 01/24/01 SOLD TOMMY HILFIGER CORP-ORD TOM -3,150 14.58090 45,692.80 EXECUTION BY COWN COMMISSION 220,50 SEC FEE OTST OTST SOS KENNETH COLE PRODUCTIONS INE KCP "7,300 3792116 49,788.78 CLA EXECUTION BY GKMC COMMISSION SEC FEE OTSCGT OTST SOLE IMPCO TECHNOLOGIES WO" ico Sri) 8.09386 34,362.07 EXECUTION BY RSSF SEC FEE 1,15 OTSCGT OTST SOLE “WATSON PHARMACEUTICALS” INC Wei “3,800 5437786 205,754.77 AS OF 01/25/01 “ANALOG DEVICES INC i) 3,800 $3.75000 204,537.60" WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF COMMISSION 266,00 OTSTOT OTZEIOT BOUGHT EXODUS COMMUNICATIONS ING” EXDS 6.300 35.06250 30875" EXECUTION BY TWPT OStiot OT26/01 BOUGHT LUCENT TECHNOLOGIES ING iv 9,800 17:70000 174,161.00 EXECUTION BY RSSF COMMISSION 686,00 OSTOT “OTS60T BOUGHT MAXIM INTEGRATED PAODUGTS ING iixind 2700 62.55360 168,909.72 EXECUTION BY TWPT “BRMC-SIERRA INC “BMCS 3,100 70°89220 330,090'83" EXECUTION BY SLKC OVstiot"O1/26101 BOUGHT orator S orate Ss 4146880 18278572. SEE NOTE "S' ON BACK EXECUTION BY RSSF COMMISSION 308,00 o27 02/24/01 ;22:22 001 EFTA00198373

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 8 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/01/01 01/29/01 SOLD ee EAGLE OUTFITTERS INC AEOS -3,500 54.18360 189,621.27 NEW EXECUTION BY RSSF SEC FEE 6.33 OROTET OTSa0T BOUGHT WiAXINA INTEGRATED PRODUCTS INE iii 1,200 87-16670 63,615.04" EXECUTION BY TWPT NEW EXECUTION BY RSSF SEC FEE 3.54 “BOUGHT “FOOTSTAR ING” " Fig 800 "38.77380 31,082°04" EXECUTION BY BUCK COMMISSION 48,00 Os0ZIOT OTS0IOT SOLE INTEL CORP INTE “5,300 3768750 233,333 83 EXECUTION BY RSSF SEC FEE 7.42 OR OZOT OTSOOT SOLE WiAXINA INTEGRATED PRODUCTS INE iain Sie) $7.75000 66,395.38 EXECUTION BY TWPT SEC FEE 2.22 02/02/01 01/30/01 SOLD PMC-SIERRA INC PMCS -800 77.20050 61,719. "34 EXECUTION BY INET COMMISSION 24,00 SEC FEE 2,06 osozI01"'"O 02/05/01 0 “4,100 761560 ST 20731 EXECUTION BY SBSH SEC FEE 1,05 EAICAN EAGLE OUTFITTERS NC stor" 3666 5794530 TiS 871-73 02/05/01 0 be WITH DUE BEL SPLT 3:2 EXECUTION BY RSSF SEC FEE 3.87 o27 02/24/01 ;22:22 001 EFTA00198374

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of 18 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/05/01 01/31/01 SOLD ANALOG DEVICES INC ADI -3,800 62.98300 239,046.42 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN COMMISSION SEC FEE Ti7754.04 “4,100 37°18530 02/05/01 01/31 EXECUTION BY TUCK COMMISSION SEC FEE COMPAQ COMPUTER CORP cPQ -3,900 24.59840 EXECUTION BY TUCK COMMISSION SEC FEE INRANGE TECHNOLOGIES CORF cLB EXECUTION BY INET COMMISSION 18,00 Osi 6T OTS 9564256 B2°47796 13,480-14" 02/05/01 01/31 EXECUTION BY JRCO COMMISSION 686,00 SEC FEE 6,05 EXECUTION BY TWPT SEC FEE EXECUTION BY RSSF SEC FEE REPSTG 1 SER AFM 5 PAR EXECUTION BY BUCK COMMISSION 318,00 "BMC'SIERRR ING’ EXECUTION BY TWPT SEC FEE o27 02/24/01 ;22:22 001 EFTA00198375

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 11 of 16 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/05/01 01/31/01 SOLD ee IN MOTION LTD RIMM -1,200 71.61800 85,923.73 NEW EXECUTION BY SBSH SEC FEE 2.87 TEXAS INSTRUMENTS INC TXN -4,400 45.46280 SEE NOTE "S’ ON BACK EXECUTION BY COWN COMMISSION SEC FEE TIMBERLAND “CO-CC'A EXECUTION BY BUCK COMMISSION OROSIOT OTSTOT SOLS Vitaia TECHNOLOGY ine vie” "2,600 850006 COM EXECUTION BY RSSF SEC FEE 93,706.65 Oss OT OTS 63.87096 30459388" 02/05/01 01/31 16,984.43 02/06/01 02/01/01 BOUGHT B F GOODRICH CO GR 4,100 36.36630 149,403.83 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO COMMISSION 287,00 EXECUTION BY TWPT NOKIA CORP-SPONSORED ADR REPSTG 1 SER A FM 5 PAR EXECUTION BY GSCO COMMISSION 126,00 OR06IOT OBIOTOT BOUGHT PRC “SIEARA INC PMCS 2,300 7635420 {75623966" EXECUTION BY TWPT GUIKSITVER INE 20K “800 34°50000 19,536.34 EXECUTION BY BUCK COMMISSION 48,00 SEC FEE EXECUTION BY GSCO COMMISSION 245,00 34°38800 62,038:40" Os06IOT OBOTOT BS 02/06/01 02/01 BST WT a o27 02/24/01 ;22:22 001 EFTA00198376

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 16 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) ween Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/06/01 02/01/01 BOUGHT TOMMY HILFIGER CORP-ORD TOM 16,300 14.89110 243,702.93 00-63" USA NETWORKS INC EXECUTION BY SBSH EXECUTION BY RHCO COMMISSION 567,00 IMPCO TECHNOLOGIES EXECUTION BY RSSF 02/06/01 {O7/9705 EXECUTION BY COWN SEC FEE 3.92 EXECUTION BY INET COMMISSION 69,00 SEC FEE 32 COM EXECUTION BY RSSF SEC FEE 1 EXP 02/17/2001 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT ABERCROMBIE & FITCH CO-CLA EXECUTION BY OPCO COMMISSION 609,00 ANNTAYLOR STORES CO EXECUTION BY MSCO COMMISSION 434,00 SEC FEE 5.69 59,751.71 o27 02/24/01 ;22:22 001 EFTA00198377

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of 18 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr rwraver maccn INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 Transaction Detail (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/09/01 02/06/01 BOUGHT CONSOLIDATED STORES CORP CNS 3,500 12.78420 45,004.70 EXECUTION BY PRUS COMMISSION 245,00 EXECUTION BY INET IMMISSION NAYOH GROUP INC EXECUTION BY WEDB COMMISSION 700,00 SEC FEE 3.82 AS OF 02/05/01 ORT ORO7IOT BOUGHT ABERCROMBIE E FITCH CO-CLA ‘ANE 2800 30°S0256 8677666 EXECUTION BY BUCK COMMISSION 168,00 EXECUTION BY DAIN COMMISSION 136,50 Os TsIOT OsRIOT BOUGHT POLO RALPH LAUREN CORP-Ci'A RL 3500 3656796 353,075.05 EXECUTION BY MSCO COMMISSION 665,00 (01 ~=BOUGHT AMERICAN EAGLE OUT NEW WITH DUE BAL SPLT 3:2 EXECUTION BY RSSF OR TzIOT OZI07i AS INC "65630 9566353 EXECUTION BY BUCK COMMISSION 132,00 Osa OROSIOT SOLE BACIFIC SUNWEAR GF CALIFOANIA INC EXECUTION BY RSSF SEC FEE 3.59 INRANGE TECHNOLOGIES CORE iNRE 3:300 "75 58330 3585653 cLB EXECUTION BY SBSH 30.73960 107,576.01 02/15/01 o27 02/24/01 ;22:22 001 EFTA00198378

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 14 of 18 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 account sumccr rwraver maccn INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26, 2001 Transaction Detail (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 02/15/01 02/12/01 BOUGHT TJX COMPANIES INC NEW TWX 3,100 29.20190 90,726.89 EXECUTION BY BUCK COMMISSION 186,00 BBR OSEROT BROS BANE TESTE BORE BG Bn Ba Pg cLB EXECUTION BY SBSH NAUTICA ENTERPRISES 7 EXECUTION BY MONT Os20I0T OBiTaI0T BOUGHT TIMBERLAND “CO-CCA ar 2,000 61-15730 122;449°60 EXECUTION BY BUCK COMMISSION 120,00 02/21/01 02/15/01 SOLD MARSH & MCLENNAN COMPANIES INC MMC -800 110.77400 88,545.24 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY WPCO COMMISSION 56,00 SEC FEE 2.96 02/22/01 02/16/01 SOLD FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY BUCK COMMISSION 90,00 SEC FEE 607 3 HY 542 B05 44774360 6606434 02/22/01 02/ ‘ON ‘D ADR REPSTG 1 SER A FM 5 PAR EXECUTION BY MSCO COMMISSION 245,00 8 PROSPECTUS UNDER SEPARATE MAIL EXECUTION BY RSSF EXECUTION BY INET COMMISSION 93,00 SEC FEE 451 GREET OSTEO {3574663 o27 02/24/01 ;22:22 001 EFTA00198379

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 15 of 18 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INVESTMENT ACTIVITY (continued) LAST STATEMENT = January 26, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/23/01 02/20/01 BOUGHT ABERCROMBIE & FITCH CO-CLA ANF 1,950 28.24330 55,206.44 EXECUTION BY BUCK COMMISSION 117,00 02/23/01 02/20/07 BOUGHT TIMBERLAND CO-CL A” Tal 1750 8.97150 67.912.73 EXECUTION BY JRCO COMMISSION 80,50 TOTAL $-4,381,561.17 $3,782,941.45 MONEY FUND ACTIVITY DATE MO'DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 01/27/01 OPENINGBALANCE 3,545,862.33 Bowe STC PEE had OH FOLIO THE TREASURERS” FUND INC GTOMX “500,000 °°" DOMESTIC PRIME MIM PORTFOLIO IDEND THE TREASURER: IND. DOMESTIC PRIME MWM PORTFOLIO MONTHLY DIVIDEND dhe ST PIE hand Pom FOLI0 MONTHLY DIVIDEND REINVESTED 1 o3/24 GTO: 49. 02/23/01 CLOSINGBALANCE 2,958.811.53 TOTAL $-12.949.20 $612,949.20 027 02/24/01;22:22 001 EFTA00198380

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 16 of 18 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH Transaction Detail (continued) ACCOUNT NUMBER February 23,2001 Twpaver nuvecr DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CREDIT AMOUNT 01/30/01 BAKER JINC JBAK 19,000 0.0150 285.00 REC 01/19/01 PAY 01/30/01 REC 01/31/01 PAY 02/12/01 MARSH & MCLENNAN COMPANIES INC Mic 600" "O5000 REC 01/0801 PAY 02/14 CITIGROUP INC c 2,000 0.1400 280.00 REC 02/05/01 PAY 02/23/01 TOTAL $958.50 eeiser DATE CESCRIPTION SYMBOLCUSIP QUANTITY RATE [%} CEBIT AMOUNT CAEDIT AMOUNT 02/21/01 INTCR FEB 01 6,026.52 TOTAL $6,026.52 MISCELLANEOUS ; TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL TO CLOSE LINE 144.50 SOURNAT CASH {44°50 02/02/01 JOURNAL 25 4.00 TOTAL $-148.50 $144.50 January 26, 2001 027 02/24/01,22:22 001 EFTA00198381

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of 16 STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Trades Executed Pending Settlement vsoaves hones i] LAST STATEMENT January 26, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/26/01 02/21 iH 46 5640 130,590.20 o2/26i01 02/27/01" BOUGHT INRANGE TECHNOLOGIES CORP INRG 200.00 12 2682 2,468.64 as 02/26/01 02/21/01 BOUGHT MCLEODUSA INC-CL A MCLD 8,000.00 11 8906 95,139.80 0: WITH RIGHTS TO PURCHASE PREFRD 02/26/01 02/21/01 BOUGHT TIMBERLAND CO-CLA TBL 02/26/01 02/21/01 BOUGHT WEBMETHODS INC WEBM 02/27101 2/22/01 SOLD AMERICAN EAGLE OUTFITTERS ING NEW 54 3108 65,271.96 49 3000 93,685.00 53 4453 187,037.31 02/27/01 SOLD AMERICAN EXPRESS COMPANY AXP 43 8820 175,227.14 02/27/01 FEDERATED DEPARTMENT STORES INC-DEL 42 7530 452,515.69 02/27101 02/22/01 SOLD JONES APPAREL GROUP INC 02/27101 02/22/01 SOLD MARSH & MCLENNAN COMPANIES INC NMC WITH RIGHTS TO PURCHASE PREFRD 02/27/01 02/22/01 SOLD METHANEX CORP MEOH 02/27/01 . 02/22/01 SOLD PACIFIC SUNWEAR OF CALIFORNIA PSUN INC 37 0095 195,757.81 108 1044 54,000.39 6 1563 31 8854 417,957.04 0: WITH RIGHTS TO PURCHASE PREFRD SOLD TJX COMPANIES INC NEW TUX -3,100.00 29 5149 91,261.14 0227101 o27 02/24/01 ;22:22 001 EFTA00198382

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 18 of 18 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27,2001 THROUGH February 23,2001 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT January 26, 2001 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/27/01 02/22/01 SOLD VENATOR GROUP INC Zz -18,200.00 10 6163 191,921.21 o2i28/01 02/23/07" BOUGHT ‘ATaT CORP LIBERTY MEDIA GROUP iMGA 7/000.00" 144891 101,438.70 SERA 02/28/01 02/23/01 SOLD CITIZENS COMMUNICATIONS CO CcZN -21,000.00 14 6172 305,675.96 02/28/01 02/23/01 BOUGHT KENNETH COLE PRODUCTIONS INC KCP 3,100.00 29 1572 90,619.32 CLA 02/28/01 02/23/01 BOUGHT NOKIA CORP-SPONSORED ADR NOK 2,800.00 20 9500 58,871.00 PST CLA 02/28/01 02/23/01 BOUGHT VITRIA TECHNOLOGY INC VITA COM TOTAL $1,474,138.88 $2,523,486.50 45813 9,177.60 The above trades co not appear in any other section of this statamont STOP ****** End of Statement™***** VY o27 02/24/01 ;22:22 001 EFTA00198383

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a What’s In This Statement Hasalbssbeslslsssahil 3 INSTITUTIONAL INTERESTS C/O FINANCIAL TRUST COMPANY ATTN LARRY KEMP Financial Summary , Your Portfolio Holdings . . 4 Transaction Detail .....usssseeeenees 8 Fund Activity sss . 21 Trades Not Yet Settled ., 23 = Your Portfolio at a Glance Market Value of Your Portfolio 982 TOTAL VALUE OF SECURITIES THIS PERIOD 15,040,514 Cash& £93: 500, $6,701,647 NET CREDIT BALANCE 955,120 Equities MONEY MARKET FUND BALANCE 3,545,862 || Current market value NET EQUITY THIS PERIOD $19,541,496 {BBE Last statement’s market value NET EQUITY LAST STATEMENT 17,829,069 CHANGE SINCE LAST STATEMENT 1,712,427 There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO December 30,2000 THROUGH January 26, 2001 account umccr Twpaver nuvecr LAST STATEMENT December 29, 2000 ‘This statemem should be retained for your records. See reverse side for important information 01/27/01,15:33 001 EFTA00198384

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2 of 24 STATEMENT BACKER IS PRINTED ON THIS PAGE o27 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 01/27/01;18:33 001 EFTA00198385

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 3 of 24 Cash Flow Analysis THIS PERIOD OpeningBalance $2,376,705. 20 Securities Sold 4,497,843.00 Money Fund 820,920.72 Dividends/Interest 10,380.95 Miscellaneous 7,942,504.14 Amount Cr ited $13,271 ,648.81 Securities Bought 708,535.77 Money Fund -20,920.72 Funds Withdrawn -22,382.62 Dividends/Interest Charged -144.50 Miscellaneous -7,941 250.45 Net Cash Activity -1,421,585.25 Closing Balance iets Same day Yansfers of cash between account types are mot included in this section, such transfers, as well as details for all other transactions tis period, appear in Transaction Detsl. 955.1 19.95 Cash Balance Summary OPENING Cash 46,515.77 Margin 2,326,702.92 Short 3,486.51 Net Cash Balance $2,376,705.20 Income Summary THS PERIOD Dividends 13,385.37 Substitute Payment 630.00 Credit Balance Int. 9,555.95 Total Short Dividends -144.50 Portfolio Composition Cash/Cash Equivalent Equities $23,571.32 CLOSING 46,515.77 908,604.18 0.00 $955,119.95 YEAR TO DATE 13,385.37 630.00 9,555.95 $23,571.32 4,500,982 15,040,514 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 January 26, 2001 account sumccr rwraver maccn December 29, 2000 THROUGH LAST STATEMENT Your Portfolio Allocation Cash & Equivalent 24% Equities 76% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, 01/27/01;15:33 001 EFTA00198386

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BEAR STEARNS 4 of 2 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET VALUE 955,120 ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME CASH BALANCE 1.0000 3,545,862 THE TREASURERS FUND INC 3,545 ,862.33 191,477 DOMESTIC PRIME M/M PORTFOLIO TOTAL CASH & CASH EQUIVALENTS GTDXX $4,500,982 $191,477 EQUITIES Equities & Options ACCT MARKET SYMBOUCUSIP TYPE QUANTITY PRE VALUE IATV MAGN 26,400 5.5630 146,863 ABIZ MAGN 489,375 ESTIMATED ANNUAL INCOME CURRENT YIELD (%) DESCRTION ACTV INC ADELPHIA BUSINESS SOLUTIONS 9.3750 INC CLA AT&T CORP LIBERTY MEDIA GROUP LMGA MAGN 30,800 16.0630 494.740 SER A AMERICAN EAGLE OUTFITTERS INC NEW ANDRX GROUP ADAX MAGN 1,700 69.9380 118,895 52,200 14,350 50.8130 729,167 AEOS MAGN ADELPHIA COMMUNICATIONS CORP MAGN 44.5000 1,101,553 CLA MAGN 46.6250 186,500 1,280 0.6863 ADLAC 24,754 AMERICAN EXPRESS COMPANY AXP 27.6880 51.0000 295,800 171,666 ANNTAYLOR STORES CORP ANN MAGN AMERICAN STANDARD COMPANIES ASD MAGN INC-DEL MAGN 4,100 25.9380 106,346 2,460 2.3132 AVNET INC AVT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 January 26, 2001 account sumccr rwraver maccn December 29, 2000 THROUGH LAST STATEMENT 01/27/01;15:33 001 EFTA00198387

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 245 Park Avenue STEARNS New York, New York 10167 a 5 of 2a Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE PRICE VALUE ANNUAL INCOME YELD (%) BAKER J INC JBAK MAGN 1,140 600 CHILDRENS PLACE RETAIL STORES PLCE CASH INC CITIZENS COMMUNICATIONS CO C2N MAGN 57,500 14.1250 812.188 20.7500 205.425 CITIGROUP INC c MAGN 110,376 1,120 1.0147 CABLEVISION SYSTEMS CORP-CL A cvc MAGN 900 85.4380 76,894 KENNETH COLE PRODUCTIONS INC KCP MAGN 4,100 36.6250 150,163 CLA COMPAQ COMPUTER CORP cPQ MAGN 3 4 CUMMINS ENGINE CO INC CUM MAGN 2,100 77,045 2,520 3.2708 DIAL CORP NEW DL MAGN 4,100 13.5000 55,350 656 1.1852 ELECTRIC LIGHTWAVE INC-CLA ELIx MAGN CALL ECLIPSYS CP FEB 020 2001 FOOTSTAR INC FITS MAGN lQvB20 MAGN 58 FEDERATED DEPARTMENT STORES FD MAGN 12,100 41.8750 506,688 INC-DEL B F GOODRICH CO GR MAGN 7,000 35.4380 248,066 7,700 3.1040 PUT GOODRICH B F MAY O30CBOE GROF MAGN 70 1.3120 9,184 EXP 05/19/2001 ITT INDUSTRIES INC Tt MAGN 8,200 39.3130 322,367 4,920 1.5262 IMPCO TECHNOLOGIES INC IMcO MAGN 6,800 18.3750 124.950 |-MANY INC IMNY MAGN 35,200 14.1250 497,200 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 accout Nuecr rwraver maccn LAST STATEMENT December 29, 2000 01/27/01;15:33 001 EFTA00198388

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 6 of 2a STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Your Portfolio Holdings (continued) account numecr = Taxpayer nuwecr LAST STATEMENT December 29, 2000 Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} INRANGE TECHNOLOGIES CORP INAG MAGN 12,100 21.7500 263,175 HCA-HEALTHCARE CO. HCA MAGN 12,100 38.0100 459,921 968 0.2105 27.6880 411,167 2,970 0.7223 HARRIS CORP-DEL HRS MAGN HEALTH MANAGEMENT ASSOCIATES HMA MAGN 5,900 16.6880 98,459 INC NEW-CL A INTEL CORP INTC MAGN 5,900 35.8750 211,663 472 0.2230 JONES APPAREL GROUP INC JNY MAGN 14,600 37.2500 543,850 MCLEODUSA INC-CL A MCLD MAGN 16,300 18.8130 306,652 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MAGN 10,400 16.5000 171,600 5,616 3.2727 MCKESSON HBOC INC MCK MAGN 12,000 31.9900 383,880 2,880 0.7502 com MARSH & MCLENNAN COMPANIES INC MMC MAGN 2,300 106.2500 METHANEX CORP MEOH MAGN NVIDIA CORP NVDA MAGN PACIFIC SUNWEAR OF CALIFORNIA PSUN MAGN 405,900 INC QUIKSILVER INC 20K MAGN 23.0630 542,949 RESEARCH IN MOTION LTD RIMM MAGN 71.5630 85,876 NEW SPX CORP SPW MAGN 500 112.9380 56,469 SPECTRASITE HOLDINGS INC SITE MAGN 15,900 17.1880 273,289 o27 01/27/01;15:33 001 EFTA00198389

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Con Bear, Stearns & Co. Inc. One Mebane preg hers 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 7 of 24 INSTITUTIONAL INTERESTS STATEMENT PERIOG December 30,2000 THROUGH January 26, 2001 account sumccr Twpaver nuvecr LAST STATEMENT December 29, 2000 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD ('} SENSORMATIC ELECTRONICS CORP SAM MAGN 12,050 19.1880 231,215 TYCO INTERNATIONAL LTD TYC MAGN 2,900 62.1250 180,163 145 0.0805 TENET HEALTHCARE CORP THC MAGN 9,250 43.4380 401,802 TOMMY HILFIGER CORP-ORD TOM MAGN ‘ 14.9380 47,055 USA NETWORKS INC USAI MAGN UNITED RETAIL GROUP INC URGI MAGN i 5.6250 93,938 UNIVERSAL HEALTH SERVICES INC UHS MAGN 83.6880 267,802 cLB VITRIA TECHNOLOGY INC VITR MAGN 28,800 7.5000 216,000 com VENATOA GROUP INC z MAGN 28,200 12.3130 347,227 WATSON PHARMACEUTICALS INC WPI MAGN 3,800 52.8130 200,689 XO COMMUNICATIONS INC XOXO MRGN 11,700 24.2500 283,725 CLA Total Equities& Options $15,040,514 $39,837 TOTAL EQUITIES $15,040,514 $39,837 YOUR TOTAL ESTIMATED ANNUAL INCOME $231,314 YOUR PRICED PORTFOLIOHOLDINGS $19,541,495 027 01/27/01;15:33 001 EFTA00198390

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 8 of ae STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail — ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY LAST STATEMENT December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/02/01 12/27/00 BOUGHT ANDRX GROUP ADRX 1,700 55.34380 94,099.46 NEW EXECUTION BY MONT 1/02/01 "12/27/00 BOUGHT DNC STRATEX NETWOAKS INC STN 1.700 12'62500 2147750 EXECUTION BY DAIN 01/02/01 12/27/00 BOUGHT B F GOODRICH CO GR 7,000 34.44380 241,611.60 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MICO COMMISSION 490,00 AS OF 12/27/00 01/02/01 12/27/00 BOUGHT JABIL CIRCUIT INC JBL 4,100 23.34760 96,027.16 EXECUTION BY TUCK COMMISSION 287,00 QUIKSILVER INC ZOK 4,300 18.25690 78,777.67 EXECUTION BY BUCK COMMISSION 258,00 01/02/01 12/27/00 BOUGHT RESEARCH IN MOTION LTD : RIMM 1,200 78.16670 93,815.04 NEW EXECUTION BY NITE 01/02/01 12/27/00 BOUGHT SCI SYSTEMS INC scl 4,000 25.69930 103,092.20 EXECUTION BY TUCK COMMISSION 280,00 01/03/01 12/28/00 BOUGHT AMERICAN STANDARD COMPANIES ASD 3,900 45.47000 177,621.00 INC-DEL EXECUTION BY WARR COMMISSION 273,00 01/02/01 EXECUTION BY REDI COMMISSION 104,00 SEC FEE 474 01/03/01 12/28/00 SOLD OMNICARE INC ocr -15,400 22.86540 351,022.42 EXECUTION BY DAIN COMMISSION 1,078.00 SEC FEE 11,74 o27 01/27/01;18:33 001 EFTA00198391

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 9 of 24 STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/0401 12/28/00 BOUGHT ANALOG DEVICES INC ADI 2,100 51.63250 108,590.25 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION 147,00 EXECUTION BY RSSF EXECUTION BY MSCO o1i04i01 Lu 14,900 13.24220 198,366.78 u EXECUTION BY TWPT COMMISSION 1,043,00 MAXIM INTEGRATED PRODUCTS INC MXiM 1,700 48.93750 83,208.75 EXECUTION BY RSSF 01/04/01 12/29/00 BOUGHT MICROSOFT CORP MSFT 3,900 44.32140 172,868.46 EXECUTION BY RSSF 01/04/01 : 12/29/00 BOUGHT SCI SYSTEMS INC Sci 3,000 25.45000 76,575.00 EXECUTION BY DAIN COMMISSION 210,00 01/04/01 12/29/00 BOUGHT SPECTRASITE HOLDINGS INC , SITE 2,200 13.20310 29,061.82 EXECUTION BY SLKC 01/04/01 12/29/00 BOUGHT TEXAS INSTRUMENTS INC TXN 2,100 47.18750 99,255.75 SEE NOTE *S* ON BACK EXECUTION BY MSCO COMMISSION 147,00 01/04/01 12/29/00 BOUGHT USA NETWORKS INC USAI 7,900 20.00890 158,085.31 EXECUTION BY COWN o1ioaio1 EXECUTION BY BUCK COMMISSION 384,00 SEC FEE 3.89 o27 01/27/01;18:33 001 EFTA00198392

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 10 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/05/01 01/02/01 SOLD FEDERATED DEPARTMENT STORES FD -1,400 34.29600 47,913.79 INC-DEL EXECUTION BY BUCK COMMISSION 84,00 SEC FEE 1,61 EXECUTION BY VKCO COMMISSION 119,00 01/08/01 0 BOUGHT ADELPHIA BUSINESS SOLUTIONS ABIZ 4,300 3.99550 17,324.65 INC CLA EXECUTION BY INET COMMISSION 129,00 yecuT 1ON BY RSSF SxECUTION BY RSSF SEC FEE 1,43 BOUGHT AMERICAN EXPRESS COMPANY AXP 3,200 54.40630 174,339.16 EXECUTION BY TUCK COMMISSION 224,00 01/08/01 0 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DADA COMMISSION 126,00 01/08/01 01/03/01 SOLD ANALOG DEVICES INC ADI -2,100 54.50000 114,284.18 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DADA COMMISSION 147,00 SEC FEE 3.82 o27 01/27/01;18:33 001 EFTA00198393

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARN S — i 10167 11 of INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 Transaction Detail (continued) SETTLEMENT = TRADE Owe __OAvE_TRANSACTION _pesofpmygy SB OUCUSIP QUANTITY GE DEBT AMOUNT REST AMOUNT 01/08/01 01/03/01 BOUGHT ANNTAYLOR STORES CORP ANN 3,800 27.06980 103,108.24 EXECUTION BY BUCK COMMISSION 228,00 BOUGHT AMERICAN STANDARD COMPANIES ASD 1,900 47.34060 90,095.14 INC-DEL EXECUTION BY OPCO COMMISSION 133,00 01/08/01 0 EXECUTION BY DAIN d1i08'01 01/03/07 2,100 38.02370 80,011.77 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN COMMISSION 147,00 01/08/01 01/03/01 SOLD DMC STRATEX NETWORKS INC STXN -1,100 12.28250 13,473.29 EXECUTION BY REDI COMMISSION 22,00 SEC FEE 46 01/08/01 0 BOUGHT FEDEX CORP FDX 3,400 39.08780 133,151.52 EXECUTION BY TUCK COMMISSION 238,00 01/08/01 01/03/01 BOUGHT FEDERATED DEPARTMENT STORES FD 3,200 34.46270 110,487.64 EXECUTION BY BUCK COMMISSION 192,00 103) EXECUTION BY OPCO COMMISSION 112,00 1 BOUGHT KOHLS CORP KSS 1,900 58.89500 112,029.50 EXECUTION BY BUCK COMMISSION 114,00 01/08/01 0 o27 01/27/01;18:33 001 EFTA00198394

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 12 of 2 STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/08/01 01/03/01 BOUGHT MARSH & MCLENNAN COMPANIES INC MMC 600 116.87500 70,182.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY WPCO COMMISSION 42,00 EXECUTION BY REDI COMMISSION 40,00 01/08/01 0 BOUGHT TYCO INTERNATIONAL LTD TYC 2,900 54.91250 159,464.25 EXECUTION BY COWN COMMISSION 203,00 SEE NOTE "S*' ON BACK EXECUTION BY DAIN COMMISSION 147,00 cLB EXECUTION BY DAIN COMMISSION 147,00 SOLD VENATOR GROUP INC ra -1,700 14.76920 24,972.80 EXECUTION BY YKCO COMMISSION 119,00 SEC FEE 84 01/08/01 0 SER A EXECUTION BY JONE COMMISSION 252,00 oosiot OTiO4/01" SOLE AMERICAN EAGLE OUTFITTERS ING NEW EXECUTION BY RSSF SEC FEE 1,52 01/09/01 01/04/01 SOLD KOHLS CORP KSS -1,900 68.35180 129,735.09 EXECUTION BY BUCK COMMISSION 114,00 SEC FEE 4,33 “"50.50000 45,433.48 o27 01/27/01;18:33 001 EFTA00198395

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 13 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/09/01 01/04/01 BOUGHT MARSH & MCLENNAN COMPANIES INC MMC 400 114.43750 45,818.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY WPCO COMMISSION 28,00 EXECUTION BY RSSF COMMISSION 175,00 SEC FEE 3.39 otosior JOURNAL CHILDRENS PLACE RETAIL STORES BLCE “7500 INC To: TDL uso -JAL* 01/09/01 JOURNAL CHILDRENS PLACE RETAIL STORES PLOE 1.500 INC FROM: TOL Uso *JAL* 01/10/01 01/05/01 SOLD CITIGROUP INC c -3,100 54.00000 167,162.42 EXECUTION BY MSCO COMMISSION 217,00 SEC FEE 5,58 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RHCO COMMISSION 175,00 SEC FEE 2.10 01/05/01 SOLD FEDEX CORP FDX -3,400 43.55000 147,812.06 EXECUTION BY MLCO COMMISSION 238,00 SEC FEE 4.94 01/10/01 01/05/01 SOLD JABIL CIRCUIT INC JBL -4,200 23.06500 EXECUTION BY NEED COMMISSION SEC FEE o1ia/01 o27 01/27/01;15:33 001 EFTA00198396

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 14 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/10/01 01/05/01 SOLD MICROSOFT CORP MSFT -3,900 48.66520 189,772.95 EXECUTION BY FBCO SEC FEE 6.33 “Oti0s/01 SOLD PACIFIC SUNWEAR OF CALIFOANIA BSUN "3,600 2793750 100,556.64 OtOI0% INC EXECUTION BY RSSF SEC FEE EXECUTION BY BUCK -7,000 28.34360 19 "893.58 01/05/01 i MS IN EXECUTION BY TUCK COMMISSION 490,00 SEC FEE 6.62 SOLD TENET HEALTHCARE CORP THC -1,900 40.12500 76,086.95 EXECUTION BY RSSF COMMISSION 133,00 SEC FEE 2.55 01/10/01 d1/10101 O105101 SOLD UNITED PARCEL SVG INC UPS "2,400 60.50650 426,897.41 cLB EXECUTION BY MLCO COMMISSION 147,00 SEC FEE 424 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY SLKC SEC FEE 2.04 “CHILDRENS PLACE RETAIL STORES BLCE "7,500 {6.83330 35,234.10 INC EXECUTION BY MLCO SEC FEE 85 fy 12/01 01/09/01 BOUGHT AMERICAN EAGLE OUTFITTERS INC AEOS 800 47.52340 38,033.72 OT ToT“ Oti08I01 NEW EXECUTION BY RSSF o27 01/27/01;18:33 001 EFTA00198397

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 15 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/12/01 01/09/01 SOLD KENNETH COLE PRODUCTIONS INC KCP “1,100 40.03750 43,958.78 CLA EXECUTION BY BUCK COMMISSION 66,00 SEC FEE 147 EXECUTION BY TWPT COMMISSION 1,192.00 0 BOUGHT QUIKSILVER INC ZQK 2,500 18.41800 46,210.00 EXECUTION BY BUCK COMMISSION 150,00 01/12/01 01/09/01 SOLD TEXAS INSTRUMENTS INC TXN -2,100 43.79250 91,799.18 SEE NOTE "S" ON BACK EXECUTION BY OPCO COMMISSION 147,00 SEC FEE 3.07 01/16/01 01/10/01 BOUGHT CISCO SYSTEMS INC csco 5,800 34.53570 200,322.06 EXECUTION BY RSSF 01/16/01 01/10/01 BOUGHT HARRIS CORP-DEL HAS 2,500 28.16000 70,590.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO COMMISSION 175,00 EXECUTION BY RSSF 01/17/01 01/11/01 SOLD ANALOG DEVICES INC ADI -1,800 2.00000 93,455.88 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO COMMISSION 126,00 SEC FEE 3.12 o27 01/27/01;18:33 001 EFTA00198398

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARN S — i 10167 16 of INSTITUTIONAL INTERESTS STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) a ACCOUNT NUMBER Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/17/01 01/11/01 SOLD CABLEVISION SYSTEMS CORP-CL A cvc -950 85.12500 80,794.05 SEE NOTE "S’ ON BACK EXECUTION BY BUCK COMMISSION 57,00 SEC FEE 2,70 EXECUTION BY RSSF EXECUTION BY MONT AR Il EXECUTION BY BUCK COMMISSION 96,00 1,600 40.00000 64,111.00 MAXIM INTEGRATED PRODUCTS INC MXiM -1,700 59.89060 101,795.62 01/17/01 EXECUTION BY SLKC SEC FEE 3.40 MICRON TECHNOLOGY INC MU -3,300 39.75000 130,924.62 EXECUTION BY FBCO COMMISSION 231,00 SEC FEE 438 BOUGHT NORTEL NETWORKS CORP NT 6,200 32.76250 203,576.50 EXECUTION BY MONT COMMISSION 434,00 oi7i01 O1i7i01 O14 01/17/01 01/11/01 SOLD TEXAS INSTRUMENTS INC TXN -2,100 48.43750 101,553.35 SEE NOTE "S* ON BACK EXECUTION BY MLCO COMMISSION 147,00 SEC FEE COM EXECUTION BY RSSF o27 01/27/01;18:33 001 EFTA00198399

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 17 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/17/01 01/11/01 SOLD XILINX. INC XLNX -1,200 5§1.25000 61,482.95 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 2,05 EXECUTION BY BUCK MMI: EXECUTION BY COWN COMMISSION 224,00 SEC FEE 3.25 01/18/01 01/12/01 SOLD TOMMY HILFIGER CORP-ORD TOM -4,200 12.00000 EXECUTION BY WPCO COMMISSION 294,00 SEC FEE 1,68 01/19/01 01/16/01 BOUGHT ANNTAYLOR STORES CORP ANN 2,400 26.92280 64,773.72 EXECUTION BY BUCK COMMISSION 144,00 01/9101 01/1601 BOUGHT MCKESSON HBO INC nck 7800 31.00330 242.386.74 CoM EXECUTION BY TUCK COMMISSION 546,00 EXECUTION BY OTAA COMMISSION 273,00 EXECUTION BY FBCO EXECUTION BY MSCO COMMISSION 273,00 01/22/01 01/17/01 BOUGHT VITRIA TECHNOLOGY INC viTR 7,900 5.96880 47,168.52 COM EXECUTION BY RSSF o27 01/27/01;18:33 001 EFTA00198400

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 18 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/23/01 01/18/01 BOUGHT ADELPHIA BUSINESS SOLUTIONS ABIZ 10,000 8.57690 85,784.00 INC CLA EXECUTION BY SBSH 01/23/01 01/18/01 SOLD DMC STRATEX NETWORKS INC STXN -1,450 16.80130 24,317.07 EXECUTION BY REDI COMMISSION 29,00 SEC FEE 82 EXECUTION BY BUCK HA\ L WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY INGC COMMISSION 56,00 01/23/01 01/18/01 BOUGHT MCKESSON HBOC INC MCK 1,600 29.80000 47,807.00 COM EXECUTION BY BARD COMMISSION 112,00 01/23/01 01/18/01 SOLD WATSON PHARMACEUTICALS INC ‘WPI -1,700 47.51690 80,642.03 EXECUTION BY GKMC COMMISSION 119,00 SEC FEE 2,70 EXECUTION BY FBCO SEC FEE EXECUTION BY MDLD COMMISSION 273,00 SEC FEE 2.61 DMC STRATEX NETWORKS INC EXECUTION BY INET COMMISSION 6.00 SEC FEE 10 "34'93750 o12ai01 2966.40 o27 01/27/01;18:33 001 EFTA00198401

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 19 of STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — December 29, 2000 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/24/01 01/19/01 SOLD DMC STRATEX NETWORKS INC STXN -1,950 16.00000 31,183.96 EXECUTION BY COWN SEC FEE 1,04 “Oiisio1SOLB DELL COMPUTER CORP bet "3.900 25.87500 100,894.13 EXECUTION BY FBCO SEC FEE 3,37 OT/24i0% EXECUTION BY MDLD COMMISSION 273,00 COM EXECUTION BY RHCO COMMISSION 182,00 SOLD NORTEL NETWORKS CORP NT -6,200 38.81250 240,180.47 EXECUTION BY TUCK COMMISSION 434,00 SEC FEE 8,03 01/24/01 01/19/01 SOLD TOMMY HILFIGER CORP-ORD TOM -950 12.07060 11,385.18 EXECUTION BY VKCO COMMISSION 66,50 SEC FEE 39 01/24/01 01/19/01 BOUGHT UNIVERSAL HEALTH SERVICES ING UHS 3.200 7835650 250,979.80 CcLB EXECUTION BY MSCO COMMISSION 224,00 BOUGHT CALL ECLIPSYS CP FEB 020* EXP 02/17/2001 OPEN CONTRACT o1/24/01 alavB20 58 3.87500 22,649.00 01/25/01 01/ o27 01/27/01;18:33 001 EFTA00198402

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10167 fl Le INSTITUTIONAL INTERESTS “ee STATEMENT PERIOG December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) tasT STATEMENT — December 29, 2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/26/01 01/23/01 BOUGHT AMERICAN EXPRESS COMPANY AXP 800 46.06250 36,881.00 EXECUTION BY INET COMMISSION 16,00 AS OF 01/23/01 ese a. ir ToT T |). a. caer Co Sak 7 Sana <7 1” anal EXECUTION BY RSSF COMMISSION 273,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO COMMISSION 45,50 SEC FEE 4 AS OF 01/23/01 01/26/01 01/23/01 BOUGHT VENATOR GROUP INC ra 28,200 10.19060 289,363.92 EXECUTION BY MLCO COMMISSION 1,974.00 AS OF 01/23/01 TOTAL $-6.708,535.77 $4.497,843.00 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 01/23/01 CHECK CK #MH655134 22,382.62 FEES EARNED FROM JANUARY 1, BUCKINGHAM CAPITAL MGMT TOTAL $-22,382.62 027 01/27/01;15:33 001 EFTA00198403

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North BEAR 245 Park Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10167 | | INSTITUTIONAL INTERESTS 21 of 2 STATEMENT PERKOO December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MONEY FUND ACTIVITY LAST STATEMENT December 29, 2000 DATE MO/DAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 12/30/00 OPENINGBALANCE 4,324,941.61 ul 360. DOMESTIC PRIME MM PORTFOLIO MONTHLY DIVIDEND REINVESTED 01/02/01 DIVIDEND THE TREASURERS FUND INC GTDXX DOMESTIC PRIME WM PORTFOLIO AMT INCLUDED IN 2000 - 1099 DOMESTIC PRIME WWM PORTFOLIO 01/18/01 SOLD THE TREASURERS FUND INC GTDXX -100,000 1.0000 100,000.00 DOMESTIC PRIME WM PORTFOLIO DOMESTIC PRIME WM PORTFOLIO 01/23/07 DIVIDEND THE TREASURERS FUND ING GTOXX ° 12,560.3 DOMESTIC PRIME MIM PORTFOLIO MONTHLY DIVIDEND 01/23/01 REINVEST THE TREASURERS FUND INC GTDXX 12,560.37 12,560.37 DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED 01/25/01 SOLD THRE RASHAEBS AYTIQUNG. 0 GTDXX -100,000 1.0000 100,000.00 01/26/01 CLOSINGBALANCE 3,545,862.33 TOTAL $-20,920.72 $820,920.72 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) CEBIT AMOUNT CREDIT AMOUNT 01/02/01 ‘ITT INDUSTRIES INC mT 5,500 0.1500 825.00 REC 11/22/00 PAY 01/01 o27 01/27/01;18:33 001 EFTA00198404

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Con Bear, Stearns & Co. Inc. One Mebane ‘Center ‘eae 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 22 of 2 INSTITUTIONAL INTERESTS STATEMENT PERIOG December 30,2000 THROUGH Transaction Detail (continued) ACCOUNT NUMBER January 26, 2001 Taxpayer nuwecr DIVIDENDS (continued) LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CERT AMOUNT CAEDIT AMOUNT 01/03/01 ESTEE LAUDER COMPANIES INC EL 42.50 CLA DIV CHG 850 SHS SHORT REC 12/15/00 PAY 01/03/01 01/08/01 WAL-MART STORES INC WMT 102.00 DIV CHG = 1700 SHS SHORT REC 12/22/00 PAY 01/08/01 TOTAL $-144.50 $825.00 SUBSTITUTEPAYMENTS DATE DESCRIPTION SYMBOUCUSIP QUANTITY AATE ($) DEBIT AMOUNT CAEDIT AMOUNT 01/02/01 COOPER INDUSTRIES INC CBE 630.00 SUBST PAY ON | 1800 SHS REC 12/01/00 PAY 01/02/01 TOTAL $630.00 INTEREST DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (Se) DEBIT AMOUNT CREDIT AMOUNT 01/22/01 INTCR [| JAN 01 9,555.95 TOTAL $9,555.95 MISCELLANEOUS DATE MavDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 01/02/01 JOURNAL MARK TO MARKET 3,486.00 December 29, 2000 027 01/27/01;15:33 001 EFTA00198405

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARNS — i 10167 23 of 2 INSTITUTIONAL INTERESTS STATEMENT PERIOG December 30,2000 THROUGH January 26, 2001 Transaction Detail (continued) a ACCOUNT NUMBER Twpaver nuvecr MISCELLANEOUS (continued) LAST STATEMENT December 29, 2000 DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 01/02/01 JOURNAL MARK TO MARKET SHORT POS 3,486.00 O1i0a07 JOUANAT CASH 765,702.96 MOVE BKD P&L TO BOOKKEEPING 01/03/01 JOURNAL OFFSET FROM BKD P&L 6.141,057.95 01/03/01 JOURNAL CASH 6,141 ,057.95 MOVE BKD P&L TO BOOKKEEPING 01/03/01 JOURNAL OFFSET FROM BKD P&L 01/03/01 JOURNAL CASH 1,034,489.54 MOVE BKD P&L TO BOOKKEEPING 01/08/01 JOURNAL MARK TO MARKET 41.99 O1/08/01 JOURNAL MARK TO MARKET SHORT POS 41.99 Ot08i01” JOURNAL i200 cca coc lls 210.00 01/16/01 JOURNAL MARK TO MARKET 108.00 01/16/01 JOURNAL MARK TO MARKET SHORT POS 108.00 01/22/01 JOURNAL sMVCR EE Jano1 413.69 TOTAL $-7,944,886.44 $7,945,510.13 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP PRICE DEBIT AMOUNT CREDIT AMOUNT 01/29/01 01/24/01 SOLD TOMMY HILFIGER COAP-OAD Tom 14 5809 45,692.80 61/30/07” " KENNETH COLE PRODUCTIONS INC CLA 027 01/27/01;15:33 001 EFTA00198406

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 245 Park Avenue Brocklyn, New York 11201-3859 STEARN S — i 10167 24 of 2 INSTITUTIONAL INTERESTS STATEMENT PERIOG December 30,2000 THROUGH January 26, 2001 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT December 29, 2000 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT SOLD IMPCO TECHNOLOGIES INC IMco -1,900.00 18 0938 34,362.07 BOUGHT ANALOG DEVICES INC ADI 3,800.00 " 53 7500 204,531.00 WITH RIGHTS TO PURCHASE COMMON O1a0101 0 ovaoior” o1atior o13ti01 O131i01 BOUGHT EXODUS COMMUNICATIONS INC EXDS 6,300.00 25 0625 157,908.75 1 1 BOUGHT LUCENT TECHNOLOGIES INC Lu 9,800.00 17 7000 174,161.00 1 BOUGHT MAXIM INTEGRATED PRODUCTS INC MXiM 2,700.00 62 5536 168,909.72 1 1 o1ai01 BOUGHT TEXAS INSTAUMENTS ING TiN 4,400.00 41 4688 182. 785.72 TOTAL $1,108,387.01 $172,561.44 (26) (26) (26) (26) (26) (26) The above trades do not appear in any other section of this statement (stor ****** End of Statement"***** VY 027 01/27/01;15:33 001 EFTA00198407