Statements EFTA00198408

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS a" 10179 INSTITUTIONAL INTERESTS STATEMENT PERIOD August 31,2002 THROUGH September 27, 2002 . account numccr = What’s In This Statement | PP | ery end eee TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 Financial Summary ,. 1 INSTITUTIONAL INTERESTS Transaction Detail 2 C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS Vi 00802 Cash Flow Analysis Income Summary THIS PERIOD Tes PERIOD YEAR TO DATE OpeningBalance $0.00 Dividends 0.00 49,811.92 Setsesanseenasstsssusennenenuscensesonessssauenanseennecsonessanssssanensnnesenneesnanesn esis Credh Balance int 6.00 6,925.68 seeeeenenennnesss ssnenenenenessssanenenenensnanenenenessssaunensnenenenenenenensess Total $0.00 $56,737.60 N nt Cred $944,625.34 Foreign Tax Withheld 0.00 -124.31 Miscellaneous -944.625.34 Margin Int. Paid 0.00 -14.94 Amount Debited “aun 944,625.34 Closing Balance $0.00 This summary is for informational purposes only. It Is not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 09/2802;15:02 001 vea6 EFTA00198409

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BEAR STEARNS 2 of3 Transaction Detail MISCELLANEOUS OATE Y TRANSACTION OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 09/03/02 JOURNAL TO CLOSE LINE CASH TO CLOSE LINE 944,625.34 (sto ) ****** End of Statement*™***** —/ $-944,625.34 $944,625.34 09/2802;15:02 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO August 31,2002 THROUGH September 27, 2002 accor wuuccr TAXPAYER NUMBER On File LAST STATEMENT August 30, 2002 v6a6 EFTA00198410

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 092802;15:02 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198411

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARN S —" i 10179 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 . account numccr = What’s In This Statement | PP | ery ee eee TAXPAYER NUMBER On File LAST STATEMENT duly 26, 2002 Financial SuMMALY wuussessesseeaeree 3 INSTITUTIONAL INTERESTS Transaction Detail ...sscssseeeeins 4 C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio ances Cash & Ei lent >. $1,180 $383] Last statement's market value NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT 1,180 CHANGE SINCE LAST STATEMENT 1,180 There are no "Stop Loss” orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It Is not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important imformation. o2? 08/31/02;14:56 001 S66 EFTA00198412

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2 of4 STATEMENT BACKER IS PRINTED ON THIS PAGE 08/31/02;14:56 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198413

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of4 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $1,179.77 Cash 493.88 0.00 Dividends/Interest 3,149.00 Margin 685.89 0.00 Miscellaneous 5,580.54 Net Cash Balance $1,179.77 $0.00 Amount Cr ited Miscellaneous Amount Debitedd ssssssssorecceroteceeroteeesseeeset ry TH PERIOD YEAR TO DATE Net Cash Activity 1179.77 Dividends 3,149.00 49,811.92 Credit Balance Int. 0.00 6,925.68 Foreign Tax Withheld 0.00 -124.31 Margin Int. Paid 0.00 -14.94 oz? 08/31/02;14:56 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 VS66 EFTA00198414

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 ofa Transaction Detail DEBIT AMOUNT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp ne Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD July 27, 2002 THROUGH August 30, 2002 accor wuuccr TAXPAYER NUMBER On File LAST STATEMENT July 26, 2002 CREDIT AMOUNT 3,149.00 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIF QUANTITY RATE (8) 07/30/02 DOW CHEMICAL CO bow 9,400 0.3350 REC 06/28/02 PAY 07/30/02 TOTAL MISCELLANEOUS DATE MavDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 08/01/02 JOURNAL FROM: 685.89 02 JOURNAL 0 433877 '02 JGUANAL i JOURNAL "F200 02 TO CLOSE LINE TOTAL $-9,909.31 027 08/31/02;14:56 001 $3,149.00 VE6E EFTA00198415

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a What's In This Statement Financial SUMMALY wees — S Your Portfolio Holdings . » 4 Transaction Detail 4 Fund Activity sesso 7 Your Portfolio at a Glance NET CREDIT BALANCE 1,180 NET EQUITY THIS PERIOD $1,180 NET EQUITY LAST STATEMENT 16,204,798 CHANGE SINCE LAST STATEMENT -16,203,618 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 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS Vi 00802 Market Value of Your Portfolio Cash & Equivalent Adit $5,050,518 $0 ae —| $11,154,280 fe] Current market value $28] Last statements market value This summary i for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH ACCOUNT NUMBER July 26, 2002 TAXPAYER NUMBER On File LAST STATEMENT ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 07/27102;19:19 001 v865 dune 28, 2002 EFTA00198416

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2 of 20 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/27102;19:19 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198417

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS — Cash Flow Analysis THIS PERIOD OpeningBalance $64,730. 02 Securities Sold 1,757,067.20 Money Fund 5,478,268.35 Dividends/Interest 3,421.83 Miscellaneous 5,843,311.04 Amount Cr ited $13,082,068.42 Securities Bought -296.181.73 Money Fund -489.000.00 Dividends/Interest Charged -14.94 Miscellaneous -12,360,422.00 Amount Debited Net Cash Activity -63,550.25 Cash Balance Summary ee Cash 58,505.17 493.88 Margin 6,224.85 685.89 Net Cash Balance $64,730.02 $1,179.77 3 of 20 Income Summary THiS PERIOD YEAR TO DATE Dividends 6,236.58 46,662.92 Credit Balance Int. 700.83 6,925.68 Total Foreign Tax Withheld Margin Int. Paid Portfolio Composition Cash/Cash Equivalent 1,180 a ne LL. 027 07/27102;19:19 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 Your Portfolio Allocation Cash & Equivalent— 100% Unshaded portions denote debt batance andicr short market values. The alocation percentage is derived from the absohte market value of your portloio, vS65 EFTA00198418

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BEAR STEARNS 4 of 20 Your Portfolio Holdings CASH & CASH EQUIVALENTS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 NMAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) CASH BALANCE 1,180 TOTAL CASH & CASH EQUIVALENTS $1,180 YOUR PRICED PORTFOLIOHOLDINGS $1,179 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY 07/01/02 06/26/02 SOLD COSTCO WHOLESALE CORP-NEW cost -2,400 EXECUTION BY OPCO VS 400 12-13-01, 1250 04-23-02 , 500 03-01-02, 250 03-05-02 COMMISSION 120,00 SEC FEE 2.67 AS OF 06/26/02 EXECUTION BY MONT VS 1000 05-02-01, 5200 06-13-0 1 COMMISSION 372,00 SEC FEE 1,56 AS OF 06/26/02 07/27102;19:19 001 36.95540 BBS BBR CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 July 26, 2002 accout nuvecr TAXPAYER NUMBER On File THROUGH LAST STATEMENT June 28, 2002 DEBIT AMOUNT CREDIT AMOUNT 88,555.29 VS65 EFTA00198419

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BEAR STEARNS 5 of 20 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 07/01/02 06/26/02 SOLD DESCRIPTION CABOT CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY NEED VS 1400 05-17-02 COMMISSION SEC FEE SYMBOLICUSIP CBT CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT -1,400 27.03870 37,740.04 EXECUTION BY SLKC VS 750 10-17-01, 4900 04-18-01 COMMISSION 169,50 SEC FEE 38 07/01/02" O6i26) OFTIOL” “DEEZ EXECUTION BY RSSF VS 2600 04-16-02 COMMISSION 182,00 SEC FEE 1.35 AS OF 06/26/02 EXPEDITORS INTERNATIONAL OF WASHINGTON INC EXECUTION BY SBSH VS 2100 03-07-02 COMMISSION 105,00 SEC FEE 1,98 AS OF 06/26/02 FOX ENTERTAINMENT GAOUP ING CLA EXECUTION BY MSCO VS 1800 11-13-01 COMMISSION 126,00 SEC FEE 1,14 AS OF 06/26/02 200 3131710 65,631.33 37,420.44 “1806 3086816 027 07/27102;19:19 001 vS65 EFTA00198420

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York New York 10179 fl Le INSTITUTIONAL INTERESTS 6 of 20 STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) account numccr = TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDMT AMOUNT 07/01/02 06/26/02 SOLD HCA INC HCA -2,800 47.40300 132,513.40 (FRM HCA-HEALTHCARE COMPANY) EXECUTION BY RSSF VS 1000 10-24-01, 1800 01-19-0 1 COMMISSION 196,00 SEC FEE 00 EXECUTION BY BUCK VS 100 03-06-02, 700 11-06-01 COMMISSION 48,00 SEC FEE 1,61 SER A NEW EXECUTION BY MSCO VS 2500 09-29-00, 1000 01-04-0 1 COMMISSION 210,00 SEC FEE 92 LAIBORNE INC uz -2,700 30.79900 EXECUTION BY BUCK VS 2700 04-08-02 COMMISSION 162,00 SEC FEE 2.51 AS OF 06/26/02 O7iOTOS” Oe/BEI02"" SOLD TALBOTS WNC EXECUTION BY JPHO VS 600 04-23-02 COMMISSION 42,00 SEC FEE 62 AS OF 06/26/02 O70 TIES" C6736) 8297775 "34 31550 20,477 68 38.80726 164/983'44 OFi0IG2" OEZTI0Z TT LABORATORIES SEE NOTE "S" ON BACK EXECUTION BY LEHM VS 2700 06-27-02 COMMISSION 189,00 027 07/27102;19:19 001 vS65 EFTA00198421

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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 7 of 20 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) accor xumccr | TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/02/02 06/27/02 BOUGHT CYTYC CORP cyTc 6,800 7.23780 49,572.04 EXECUTION BY ADAM VS 6800 06-27-02 COMMISSION 340,00 OFS" O6BTIOZ SOLD CALPINE CORP CBN "5,400 5.62500 36,035.08 EXECUTION BY SIMM VS 3900 04-24-02, 1500 04-24-0 2 COMMISSION 324,00 SEC FEE 92 07/02/02 06/27/02 SOLD CENDANT CORP co -6,700 15.10370 100,707.74 EXECUTION BY MSCO VS 2000 05-17-02, 1650 11-13-0 1, 3050 11-12-01 COMMISSION 469,00 SEC FEE 3.05 EXECUTION BY MONT VS 4200 06-13-01 COMMISSION 252,00 SEC FEE 1,06 70202 CONTINENTAL AIALI EXECUTION BY MLCO VS 1700 03-25-02, 250 12-26-01 , 550 12-24-01 COMMISSION 175,00 SEC FEE it EMMIS COMMUNICATIONS CORP-CL A EMMS -1,100 17.86000 19,575.40 EXECUTION BY FCAP VS 1100 12-26-01 COMMISSION 55,00 SEC FEE .60 FOX ENTERTAINMENT GROUP INC CLA EXECUTION BY MLCO VS 1000 11-13-01, 900 11-07-01 COMMISSION 133,00 SEC FEE 1,13 O7zI02"" 06! O7i02)02"" 06) 18:774476 37,308.80 027 07/27102;19:19 001 VS65 EFTA00198422

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 8 of 20 STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) accor xumccr | TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 07/02/02 06/27/02 SOLD LIBERTY MEDIA CORP L -3,300 8.01120 26,223.16 SER A NEW EXECUTION BY TWPT VS 2600 01-04-01, 700 02-23-01 COMMISSION 198,00 SEC FEE 07/02/02 06/27/02 BOUGHT OMNICARE INC ocr 5,500 25.67750 141,626.25 EXECUTION BY COWN VS 5500 06-27-02 COMMISSION 385,00 O70" GBT SOLD SINCLAIR BROADCAST GROUP INC SBGi “3,206 1303450 CLA EXECUTION BY SBSH VS 3000 01-08-02, 200 01-04-02 COMMISSION 160,00 SEC FEE 1,26 EXECUTION BY JPHO VS 1600 05-14-02, 1000 05-31-0 2 COMMISSION 130,00 SEC FEE 1,38 /02 SOLD COOPER INDUSTRIES LTD CBE -3,300 38.92560 128,207.61 CLA EXECUTION BY TWPT VS 1000 05-22-02, 1200 05-22-0 2, 1100 05-22-02 COMMISSION 231,00 SEC FEE 3.87 CISCO SYSTEMS INC csco -2,700 13.88920 EXECUTION BY MONT VS 2700 03-28-02 COMMISSION 135,00 SEC FEE 1,13 AS OF 07/01/02 O7/05)02 "070% S7-382 71 027 07/27102;19:19 001 VS65 EFTA00198423

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BEAR STEARNS 9 of 20 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 07/05/02 07/01/02 SOLD O7ideIES” OF 0RI0" SOLD DESCRIPTION MYKROLIS CORP EXECUTION BY MONT VS 2600 03-06-02, 300 03-04-02 COMMISSION 203,00 SEC FEE 1,03 AS OF 07/01/02 ABBOTT LABORATORIES SEE NOTE "S' ON BACK EXECUTION BY MLCO VS 1400 06-27-02 COMMISSION SEC FEE 1,58 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 July 26, 2002 accout nuvecr TAXPAYER NUMBER On File June 28, 2002 THROUGH LAST STATEMENT SYMBOLICUSIP QUANTITY PRICE MYK -2,900 11.72000 DEBIT AMOUNT CREDIT AMOUNT 33,771.97 3737400 $2,372.02 EXECUTION BY MONT VS 1300 03-04-02 COMMISSION SEC FEE 46 AS OF 07/02/02 ISHAY I ECHNOLOGY INC SEE NOTE "S' ON BACK EXECUTION BY OPCO VS 400 11-27-01, 1600 12-04-01 , 700 12-21-01 COMMISSION 189,00 SEC FEE 1.64 CLA EXECUTION BY MSCO VS 600 11-07-01 COMMISSION SEC FEE AS OF 07/05/02 42,00 39 185 027 07/27102;19:19 001 VS65 EFTA00198424

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BEAR STEARNS 10 of 20 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION 07/10/02 07/05/02 SOLD DESCRIPTION LIBERTY MEDIA CORP SER A NEW EXECUTION BY MSCO VS 1800 02-23-01 COMMISSION 108,00 SEC FEE 50 AS OF 07/05/02 SYMBOLICUSIP L QUANTITY -1,800 PRICE 9.15000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accor wuuccr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 DEBIT AMOUNT CREDIT AMOUNT 16,349.50 JOURNAL 02 62 CLA EXECUTION BY JPHO VS 400 01-04-02, 3600 12-26-01 COMMISSION 200,00 SEC FEE 1,60 AS OF 07/05/02 300 O7/27102;19:19 001 VS65 EFTA00198425

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT a Bear, Stearns Securities Corp Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS 11 of STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL CYT i ane cYTC -14,100 TO: * JRL * sr saeeennnnnrennnnere ae aueaaefeeennnecennseessuogaeusicureaganys ys eetnanreennanecenesoessnnrecnaanrecneaneeseeseepupasrennaarecnnsasssuneeenenneeeg amiss senennneenenarecnesaesananeenenanecneaaeesesseeannanreaenanreaessesananeceenaneseeaane tt TO: * JRL ce piggynnnnnnnensinannnnnnnnsnnnnininnnnnsmanmnnnnn TO: JOURNAL KENNETH COLE BRODUCTIONS INC cL TO: * JRL * ane -2,400 * JRL * c-clB CAL “3,350 TO: * JRL * or “ jefe) bow -9,400 TO: * JAL* Samana ot]; R06) 0111131, 1.0 1,6], 1 rrr =) Sc: TO: JURNAL 027 O7/27102;19:19 001 S65 EFTA00198426

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BEAR STEARNS 12 of 2% OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION 07/10/02 JOURNAL O7ioi02"” JOURNAL DESCRIPTION aaa TO: * JRL * “EXBEBTOBS INTERNATIONAL: OB WA’ a * JRL * FOX ENTERTAINMENT GAOUP ING CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO June 29, 2002 THROUGH duly 26, 2002 accor wuuccr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 DEBIT AMOUNT CREDIT AMOUNT 0 JOURNAL o7i0102 o7iao2"” avian" “FEDERATED DEPARTMENT STORES “FLEXTRONICS INTERNATIONAL IONA TECHNOLOGIES PLC SPONSORED ADR. TO: a HONEVWELC INTC IN TO: ie O7/27102;19:19 001 EFTA00198427

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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 fl | INSTITUTIONAL INTERESTS 13 of STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) account numccr = TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL HCA INC HCA -8,200 (FR a IMPANY} TO: * JRL * OFTOI02 JOURNAL =e JNY -11,200 JOURNAL uz — “ uz -7,700 = JOURNAL = —— INC MCH -8,600 O7TGI62 JOURNAT MYKAGLIS CORP nivK “6,100 JOURNAL JOURNAL aan A RL -6,407 027 O7/27102;19:19 001 S65 EFTA00198428

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT ” Bear, Steams Securities Corp Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS 14 of 20 STATEMENT PERIOO June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) account numccr TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT June 28, 2002 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL lias OLN -4,100 TO: * JRL * TO: ssenenenenenene i caeugrenenenenes sateen aa eengnge ati ntnenenenenenesisnuetrennanesenentnnen sayy eee cemennnsnsnnes os annennnnennnnesesnennnnnnnnnnns JOURNAL Qu i: _— ™ 20K -18,650 TO: ROYAL Ci eS Lid REL "10,250 TO: + JRL ey a “OR TO: * JRL * SKECHERS USA INC SKX -9,000 CLA TO: a “STAGE STORES INC ANMINA-SCI CORP SANNA “10;506 O7TOIG2 vouaNacrnnn SINCLAIR BROADCAST GROUP INC” 027 O7/27102;19:19 001 S65 EFTA00198429

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BEAR STEARNS 15 ow OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE OATE TRANSACTION 07/10/02 JOURNAL "SURNAT OFS JOURNAL” JOURNAL JOURNAL JOURNAL DESCRIPTION SY INC TO: * JRL * “YIBEG"SOETWARE INC TO: QUANTITY -10,000 PRICE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp ne Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accor wuuccr TAXPAYER NUMBER On File LAST STATEMENT dune 28, 2002 DEBIT AMOUNT CREDIT AMOUNT O7/27102;19:19 001 S65 EFTA00198430

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BEAR STEARNS 16 of 20 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 07/11/02 07/08/02 SOLD DESCRIPTION STAGE STORES INC NEW EXECUTION BY NITE VS 1000 12-26-01 COMMISSION 50,00 SEC FEE 1,01 AS OF 07/08/02 SYMBOLICUSIP STGS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 28, 2002 QUANTITY PRICE -1,000 33.50440 DEBIT AMOUNT CREDIT AMOUNT 33,441.39 EXECUTION BY SBSH VS 3900 11-07-01 COMMISSION 195,00 96 SEC FEE EXECUTION BY TWPT VS 250 11-12-01, 6500 10-03-01 COMMISSION 472,50 O7/1Zi02"" O7FZI02"" EXECUTION BY MLCO VS 1550 12-24-01, 150 12-18-01 COMMISSION 119,00 SEC FEE 75 EMMIS COMMUNICATIONS CORP-CL A EXECUTION BY MONT VS 1300 12-26-01, 500 12-18-01 COMMISSION 90,00 SEC FEE 1.12 FLEXTRONICS INTERNATIONAL LTD EXECUTION BY COWN VS 800 03-05-02 COMMISSION 40,00 SEC FEE 19 “7,800 2057740 "761280 6,038.05 027 07/27102;19:19 001 vS65 EFTA00198431

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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 Brooklyn, New York 11201-3859 STEARNS New York New York 10179 fl Le INSTITUTIONAL INTERESTS 17 a STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) account numccr = TAXPAYER NUMBER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT — June 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/12/02 07/09/02 SOLD IONA TECHNOLOGIES PLC IONA -3,000 2.93500 8,702.73 SPONSORED ADR EXECUTION BY FBCO VS 1300 01-23-02, 1700 02-07-0 2 COMMISSION 90,00 SEC FEE 27 EXECUTION BY INET VS 4900 12-08-00 COMMISSION 147,00 36 SEC FEE AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED HOLOGRAPHICS DUE 06/18/03 EXP 06/18/2003 a “Ji TOTAL $-296,181.73 $1,757,067.20 MONEY FUND ACTIVITY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CAEDIT AMOUNT OPENINGBALANCE 4,985,787.77 “40600 "T6660 DOMESTIC PRIME M/M PORTFOLIO Boke STC Pea hai OH FOLIO 027 07/27102;19:19 001 VS65 EFTA00198432

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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 18 of 20 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 29, 2002 THROUGH July 26, 2002 Transaction Detail (continued) TAXPAYER NUMBER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT —_ June 28, 2002 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT (CREDIT AMOUNT 07/03/02 BOUGHT AHR EE RASHAEBS AYNQING 0 GTDXX 175,000 1.0000 175,000.00 DOMESTIC PRIME MUM PORTFOLIO 02 BOUGHT aaKa aR ASHREBS FUNDING 0 GION 39°00" 1.0000 39,000.00 os SOLS THE TREASURERS FUND INC Gib "6.435:787-77 "T6000" ; §.435.787-77 DOMESTIC PRIME MIM PORTFOLIO ate a EEG. 0 Domestic PRIME MUM BOAT OU jo -0000 38,965.00 DOMESTIC PRIME M/M PORTFOLIO FROM TYPE 2 OFT Tes FUNG THE TREASURERS” FUND INC ; Gib "633696" DOMESTIC PRIME MIM PORTFOLIO DOMESTIC PRIME WM PORTFOLIO DIVIDEND CLOSEOUT oFZI6s" FUNG THe TREASURERS FUNDING DOMESTIC PRIME MIM PORTFOLIO ADJUST POSITION 07/26/02 CLOSINGBALANCE 0.00 TOTAL $-489,000.00 $5.478,268.35 027 07/27102;19:19 001 vS65 accout nuvecr EFTA00198433

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York. New York 10179 | | INSTITUTIONAL INTERESTS 19 of STATEMENT PERIOD June 29, 2002 THROUGH Transaction Detail (continued) TAXPAYER NUMBER ACCOUNT NUMBER DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CREDIT AMOUNT 07/01/02 COOPER INDUSTRIES INC | 3,500 0.3500 1,225.00 REC 05/15/02 PAY 07/01/02 inc GLOBAL ING” REC 06/14/02 PAY 06/30/02 MILLENNIA CHEMICALS INC REC 06/12/02 PAY 06/30/02 140.00 7,000 07/08/02 FEDEX CORP FDX 3,900 0.0500 195.00 REC 06/17/02 PAY 07/08/02 TOTAL $2,721.00 INTEREST DESCRIPTION SYMBOLGUSIP QUANTITY RATE [%} CEBIT AMOUNT CREDIT AMOUNT INT CR JUL 02 o722i02 nt o8 eli ICT Oe 14.94 TOTAL $-14.94 $700.83 MISCELLANEOUS DATE MODAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/10/02 JOURNAL TO: 667,081.19 027 O7/27102;19:19 001 VS65 July 26, 2002 On File June 28, 2002 EFTA00198434

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 20 of 20 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MOIDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 07/15/02 JOURNAL TO: 5,843,311.04 5,843,311.04 07, JOURNAL 02 TOTAL $-12,360,422.00 $5,843.311.04 [stop] ****** End of Statement™***** 027 O7/27102;19:19 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOO June 29, 2002 THROUGH ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMEN 7 & duly 26, 2002 On File dune 28, 2002 EFTA00198435

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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 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS _——" 10179 INSTITUTIONAL INTERESTS STATEMENT PERIOO June 1, 2002 THROUGH June 28, 2002 . account numccr = What’s In This Statement Hasalbssbeelslessahil vaxpaver nuwecr [ Financial SUMMALY wees — S INSTITUTIONAL INTERESTS Last stavement = May 51,2002 Your Portfolio Holdings 4 C/O FINANCIAL TRUST COMPANY Transaction Detail 8 ATTN JEANNE BRENNAN Fund Activi : ie 6100 RED HOOK QUARTER ‘und Activity ....... SUITE B-3 Trades Not Yet Settled wees 27 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio 5,050,518 TOTAL VALUE OF SECURITIES THIS PERIOD* 11,154,280 Cash & Equivalent -6hLr $ $4,184,719 MONEY MARKET FUND BALANCE 4,985,788 $13,094,189 paneer aaa STAT) | | Current market value seveenecennnnenessssennunnuanassseseconce sss sueeueueceeneeeneeny sss eeeeeeensnys HERA] Last statement's market value NET EQUITY LAST STATEMENT 17,278,908 CHANGE SINCE LAST STATEMENT ~1,074,110 “This portfolio indudes one or more unpriced securties that are not reflected in the Total Vatue of Securties sand the Net Equity This Period 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 statemem should be retained for your records. See reverse side for important information. o27 06/2902;12:40 001 VS63 EFTA00198436

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2 of 22 STATEMENT BACKER IS PRINTED ON THIS PAGE 06/2902;12:40 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198437

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of 22 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $945,551.23 Cash 940,365.44 58,505.17 Securities Sold 1,582,617.93 Margin 5,185.79 6,224.85 Money Fund 37,919.83 Net Cash Balance $945,551.23 $64,730.02 Dividende/interest 7 A7094 cuuvateeesseeeenensnesersssaneeseseennneenreeessise asssesessvsseneceteeeees Amount Credited $1,948,017.70 Securities Bought -728,219.08 Income Summary Money Fund -2,100,619.83 —_— on ire seneeeeneenene eens Anennneenenneess)) senenneneneneeneennenss yannee Dividends 10,360.71 40,426.34 Amount Deb ited a aesssounerenererseneensss Sacto eie ee Credit Balance Int. 1,039.06 6,224.85 Total $11,399.77 $46,651.19 Net Cash Activity -880,821.21 Foreign Tax Withheld 0.00 -124.31 Portfolio Composition Cash/Cash Equivalent 5,050,518 Equities 11,154,280 027 06/2902;12:40 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 account sumccr rwraver maccn LAST STATEMENT May 31, 2002 Your Portfolio Allocation Cash & Equivalent 32% Equities 68% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS63 EFTA00198438

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 of 22 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME YIELD (%} CASH BALANCE THE TREASURERS FUND INC GTDXX 4,979,450.81 1.0000 4,979,451 74,194 14900 THE TREASURERS FUND INC GTDXX 6,336.96 1.0000 6,337 94 1.4834 DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $5,050,518 $74,288 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIEE VALUE ANNUAL INCOME YELD [%) ABERCROMBIE & FITCH CO-CLA ANF CASH 3,200 24.1200 77184 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 4,500 21.1400 95,130 NEW WTS AMERICAN BANK NOTE 024377111 CASH 2,151 Unpriced HOLOGRAPHICS 8/2003 NC BEA SYSTEMSING BEAS GASH BEVEALY ENTERPRISES INC NEW BEV CASH 41,700 CA BARD INC BCR CASH 1,700 56.5800 96,186 9.4100 77,162 7/6100 317.337. CYTYC CORP cyTC CASH 7,300 7/6200 55,626 70300 {50.442 ALPINE CORP CPN CASH 21.400 027 06/2902;12:40 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH ACCOUNT NUMBER June 28, 2002 rwraver maccn LAST STATEMENT vS63 May 31,2002 EFTA00198439

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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 22 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CITIZENS COMMUNICATIONS CO C2N CASH 31,000 8.3600 259,160 Sx CORP Gsx GASH 2,700 35.0500 94.635 080° T1472 COOPER INDUSTRIES LTD CBE CASH 3,300 39.3000 129,690 4,620 3.5623 CLA CABOT CORP CBT CASH 5,400 28.6500 154,710 2,808 1.8150 ‘CONTINENTAL AIRLINES INC-CLB CAL CASH 7,550 15.7800 119,139 DMC STRATEX NETWORKS INC STXN CASH 5,650 2.0100 11,357 DOW CHEMICAL CO bow CASH 9,400 34-3800 323.172 12,596 3.8976 EXPEDITORS INTERNATIONAL OF EXPD CASH 6,000 33.1600 198,960 720 0.3619 WASHI Foot LOCKER INC Z CASH 11,650 14.4500 168,343 FEDERATED DEPARTMENT STORES FD CASH 6,200 39.7000 246,140 INC-DEL FLEXTRONICS INTERNATIONAL FLEX CASH 7,100 77300 50,623 1D IONA TECHNOLOGIES PLC IONA CASH 14,800 5.2990 78.425 SPONSORED ADR 027 06/2902;12:40 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 account sumccr rwraver maccn LAST STATEMENT May 31, 2002 vS63 EFTA00198440

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of 22 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION HONEYWELL INTL INC CURRENT YELD (%) 2.1292 NAARKET VALUE 146,205 ESTIMATED ANNUAL INCOME 3,113 PRICE 35.2300 SYMBOLCUSIP HON 0.1684 HCA INC (FRM HCA-HEALTHCARE COMPANY) TONES APPAREL GROUP INC “INY KOHLS CORP KSS CASH UBERTY MEDIA CORP L SER A NEW UZ CLAIBORNE INC uz MILLENNIUM CHEMICALS INC MCH CASH MYKROLIS CORP MYK CASH NOVA CHEMICALS CORP NORTHWEST AIRLINES CORP NWAC NORFOLK SOUTHERN CORP 880 70.0800 324.256 10.0000 252,000 14.0500 120,830 11.8100 109,833 22.5400 {01.430 72.0600 23.3800 197,561 30.150. NSC CASH 8,450 2,028 1.0265 21.6100 SKX 194,490 SKECHERS USA INC CASH 9,000 CLA 027 06/2902;12:40 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 June 28, 2002 account sumccr rwraver maccn May 31,2002 THROUGH LAST STATEMENT vS63 EFTA00198441

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 7 of 22 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT TYPE CASH MARKET VALUE 305,712 ESTIMATED ANNUAL INCOME CURRENT DESCRIPTION YELD ('} STAGE STORES INC SYMBOLICUSIP STGS QUANTITY 8,800 PRICE 34.7400 TALBOTS INC CASH TIMBERLAND CO-CLA TOMMY HILFIGER CORP-ORD TOM CASH TRIQUINT SEMICONDUCTOR INC TQNT CASH UNITED PARCEL SVC INC UPS cLB UNITED RETAIL GROUP INC UAGI CASH VISHAY INTERTECHNOLOGY INC VSH YOUNG BROADCASTING INC-CL A YBTVA CASH 17,300 Total Equities& Options TOTAL EQUITIES TBL 199,048 14.3200 6.4100 61.7500 330,363 62,818 4.066 1/2308 175,350 10.5000 22.0000 17.7800 307,594 $11,154,280 $11,154,280 59.400 $52,881 $52,881 YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS $127,169 $16,204,798 06/2902;12:40 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 June 28, 2002 account sumccr rwraver maccn May 31, 2002 THROUGH LAST STATEMENT VS63 EFTA00198442

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BEAR STEARNS 8 of 22 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE OATE TRANSACTION 06/03/02 05/29/02 SOLD OsidsIG2" OSB9/02" BOUGHT OsIdTIE2" OSB9/02" SOLE OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 DESCRIPTION IMC GLOBAL INC SEE NOTE "S" ON BACK EXECUTION BY MSCO VS 1000 10-05-01 COMMISSION SEC FEE QUIKSILVER INC EXECUTION BY ADAM VS 1200 05-29-02 COMMISSION 84, EXECUTION BY BUCK VS 1200 04-29-02 COMMISSION 72,00 SEC FEE 36 SYMBOLICUSIP IGL QUANTITY -1,000 PRICE 13.62420 37°42250 33°30796 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOG June 1, 2002 THROUGH June 28, 2002 account sumccr rwraver maccn LAST STATEMENT May 31, 2002 DEBIT AMOUNT GREDIT_ AMOUNT 13,538.78 4848" EXECUTION BY JPHO VS 800 02-26-02 COMMISSION 40,00 06/05/02 05/31) INC EXECUTION BY JPHO VS 600 05-30-02 COMMISSION IBERLAND CO- EXECUTION BY BUCK VS 1700 05-30-02 COMMISSION 102,00 ADELPHIA COMMUNICA L EXECUTION BY INET VS 5900 11-16-01, 2454 04-07-9 8, 17946 05-23-02 COMMISSION 789,00 SEC FEE 62 ‘CORP "36,300 78226 06/29102;12:40 001 vS63 EFTA00198443

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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 9 of 22 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 account sumccr rwraver maccn INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 Transaction Detail (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/05/02 05/31/02 BOUGHT CALPINE CORP CPN 2,800 9.38000 26,447.00 EXECUTION BY ADAM VS 2800 05-31-02 COMMISSION 168,00 06/05/02 05/31/02 BOUGHT MILLENNIUM CHEMICALS INC MCH 2,400 14.01500 33,819.00 EXECUTION BY LEHM VS 2400 05-31-02 COMMISSION 168,00 06/05/02 05/31/02 BOUGHT OLIN CORP NEW OLN 4,100 19.76740 81,348.34 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 4100 05-31-02 COMMISSION 287,00 "7894330 63/990 36" 06/05/02 05/31/02 BOUGHT YOUNG BROADCASTING INC-CL A EXECUTION BY FBCO VS 3200 05-31-02 COMMISSION 160,00 CLA EXECUTION BY SBSH VS 10300 05-23-02 COMMISSION 206,00 SEC FEE 22 AL C. SEE NOTE "S" ON BACK EXECUTION BY JPHO VS 1100 12-18-01 COMMISSION 77,00 SEC FEE 75 06/06/02 06/03/02 SOLD TYCO INTERNATIONAL LTD TYC -2,550 18.05330 EXECUTION BY INET VS 2550 10-03-01 COMMISSION 51,00 SEC FEE 1,39 06/06/02 SES TIO 4596853 027 06/2902;12:40 001 vS63 EFTA00198444

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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 22 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/07/02 06/04/02 BOUGHT ANALOG DEVICES INC ADI 1,200 35.29860 42,445.32 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 1200 06-04-02 COMMISSION 72, 06/07/02 06/04/02 SOLD BEA SYSTEMS INC EXECUTION BY INET VS 900 11-07-01 COMMISSION 27,00 SEC FEE 28 00 "0.229460 LID EXECUTION BY FBCO VS 1500 06-04-02 COMMISSION 75, EXECUTION BY BUCK VS 1000 04-29-02, 200 04-30-02 COMMISSION 72,00 SEC FEE 1,27 AMERICAN BANK NO HOLOGRAPHICS INC EXECUTION BY NITE VS 2000 05-13-02 SEC FEE a AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 3400 06-05-02 PACIFIC” SUNWEAR OF CALIFOANIA INC EXECUTION BY JPHO VS 1000 06-05-02 COMMISSION 50,00 32°58250 7679550" 18.51000 19,575:00" 027 06/2902;12:40 001 vS63 EFTA00198445

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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 11 of 22 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) sccout xumccr | taxpayer numecr [ INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/10/02 06/05/02 SOLD TALBOTS INC TLB -200 36.58811 7,290.39 EXECUTION BY BUCK VS 200 04-30-02 COMMISSION 12,00 SEC FEE .23 cLB EXECUTION BY RHCO VS 1400 05-21-02 COMMISSION 98,00 SEC FEE 09 HOLOGRAPHICS INC EXECUTION BY NITE VS 1635 05-13-02 SEC FEE EXECUTION BY TWPT VS 3400 06-06-02 COMMISSION 170,00 AS OF 06/06/02 GBI CASTING IN! EXECUTION BY FBCO VS 1300 06-06-02 COMMISSION 65,00 ADELPHIA COMMUNICA’ CLA EXECUTION BY INET VS 15000 05-23-02 COMMISSION 450,00 SEC FEE 13 EXECUTION BY TWPT VS 3900 06-07-02 COMMISSION 195,00 276 25,7715 A ‘CORP 1788236 46556'37 027 06/2902;12:40 001 vS63 EFTA00198446

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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 22 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/12/02 06/07/02 BOUGHT CALPINE CORP CPN 2,700 8.45000 22,992.00 EXECUTION BY COWN VS 2700 06-07-02 COMMISSION 162,00 Oe TER" “OBITS SOLE CON COMMUNICATIONS TNC NEW COX “17306 39°97000 CLA EXECUTION BY JRCO VS 1300 05-17-02 COMMISSION 91,00 SEC FEE 1,18 OSTS2" OETOIS SOLE ADELPHIA COMMUNICATIONS CORP ABELG “Te554 0.18476 CLA EXECUTION BY SBSH VS 18554 05-23-02 COMMISSION 371,08 SEC FEE W 38,853.82 CLA EXECUTION BY LEHM VS 1300 05-17-02 COMMISSION 91,00 SEC FEE 117 1402" 06/17/02" SOLD STAGE STORES INC ST6s "1,700 33.69650 57 182.32 NEW EXECUTION BY FBCO VS 1000 04-09-02, 700 03-22-02 COMMISSION 85,00 SEC FEE 1.73 Cot (> Aa th 0-0 236) <9 oc) 10 RX: 5 [| rrr) Ba) NEW EXECUTION BY FBCO VS 300 03-22-02, 700 01-03-02, 900 01-02-02, 900 12-26-01 COMMISSION SEC FEE 027 06/2902;12:40 001 vS63 EFTA00198447

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BEAR STEARNS 13 of 22 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 06/17/02 06/12/02 SOLD BETES CENTOS SOUSA COOPER INEUS TRIES TH oe SI02" “OSITaOs SOLE DESCRIPTION TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 1700 05-23-02 COMMISSION SEC FEE 102,00 76 CLA EXECUTION BY COWN VS 1400 06-13-02 COMMISSION 98,00 ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MDLD VS 1400 05-17-02 COMMISSION 98,00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 June 28, 2002 account sumccr rwraver maccn May 31,2002 THROUGH LAST STATEMENT DEBIT AMOUNT CREDIT AMOUNT 25,111.94 SYMBOLICUSIP TOM PRICE 14.84100 3.20" 32°38626 45,0863 EXECUTION BY TWPT VS 2100 05-17-02 COMMISSION SEC FEE CELESTICA INC SUBORD VTG SHS EXECUTION BY MSCO VS 900 03-28-02 COMMISSION 63,00 SEC FEE 65 EXECUTION BY MONT VS 300 02-26-02, 1100 12-13-01 SEC FEE 1,66 UBERTY MEDIA CORP SER A NEW EXECUTION BY RHCO VS 700 09-28-00, 1700 09-29-00 COMMISSION SEC FEE 147,00 37 "3380000 277341.35 $'S0600 23,600.28 027 06/2902;12:40 001 vS63 EFTA00198448

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BEAR STEARNS 14 of 22 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 06/19/02 06/14/02 SOLD oe SI02" “OSITaOs SOLE BETSIE ORO NESTE BE DESCRIPTION REMEC INC EXECUTION BY OPCO VS 4350 04-18-01 COMMISSION SEC FEE EXECUTION BY MSCO VS 1000 03-12-02 COMMISSION 50,00 SEC FEE 22 EXECUTION BY BUCK VS 700 04-30-02, 350 04-23-02 COMMISSION 63,00 SEC FEE 1,21 SYMBOLICUSIP REMC 37°97736 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOG June 1, 2002 THROUGH June 28, 2002 account sumccr rwraver maccn LAST STATEMENT May 31, 2002 DEBIT AMOUNT CREDIT AMOUNT 25,550.04 EXECUTION BY BUCK VS 1400 05-23-02 COMMISSION 84,00 EXECUTION BY NITE VS 1500 03-28-02, 200 04-16-02 SEC FEE 35 NEW EXECUTION BY JPHO VS 1100 06-17-02 COMMISSION 55,00 TOMMY HILFIGER CORP EXECUTION BY BUCK VS 1200 05-23-02 COMMISSION 72,00 SEC FEE 56 TEAS ING $.45470 06/29102;12:40 001 vS63 EFTA00198449

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BEAR STEARNS 15 of 22 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 06/25/02 06/20/02 SOLD BEISEIGE WETOS SOE ERATE SOMA UCTS CORBIS REBAR OBB502" O6I20I02" SOLE DESCRIPTION CALPINE CORP EXECUTION BY BUCK VS 10600 04-24-02 COMMISSION SEC FEE SYMBOLICUSIP CPN 530,00 2.43 EXECUTION BY DBAB VS 1400 12-26-01 COMMISSION SEC FEE 70,00 05 SEE NOTE "S’ ON BACK EXECUTION BY MLCO VS 500 10-05-01, 500 10-11-01, 100 10-03-01 COMMISSION 77,00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 June 28, 2002 account sumccr rwraver maccn May 31,2002 THROUGH LAST STATEMENT PRICE 7.61250 DEBIT AMOUNT CREDIT AMOUNT 80,145.07 ELAR T Fre 0 {3.46896 14,723.34 OsBEIO2" OEIZT702 GB2702" O64 SER A NEW EXECUTION BY MLCO VS 2300 09-29-00 COMMISSION 161,00 SEC FEE 67 TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 400 05-23-02 COMMISSION SEC FEE 24,00 18 CLA EXECUTION BY MLCO VS 1400 06-13-02, 1300 05-22-0 2 COMMISSION SEC FEE 189,00 3,05 5,796.30 027 06/2902;12:40 001 vS63 EFTA00198450

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BEAR STEARNS 16 of 22 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 06/27/02 TRADE OATE TRANSACTION 06/24/02 SOLD O6IS7I02" OE4702" BOUGHT Osis" EBERSOLE DESCRIPTION IMC GLOBAL INC SEE NOTE "S* ON BACK EXECUTION BY MLCO VS 5900 10-03-01 COMMISSION SEC FEE 413,00 2.26 TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 1400 06-24-02 COMMISSION 84,00 ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MONT VS 900 05-17-02 COMMISSION 63,00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 June 28, 2002 account sumccr rwraver maccn May 31,2002 THROUGH LAST STATEMENT SYMBOLICUSIP IGL QUANTITY -5,900 PRICE 12.71760 DEBIT AMOUNT CREDIT AMOUNT 74,603.58 4.47616 65.54" 38'55026 B5,616-40 o6i28i02" cass" Os/28)03"" O65) 02 SOB EXECUTION BY INET VS 2600 05-07-02 COMMISSION SEC FEE CENDANT CORP EXECUTION BY FLCR VS 2800 05-17-02 COMMISSION SEC FEE 78,00 66 196,00 1,33 CELESTICA INC SUBORD VTG SHS EXECUTION BY SBSH VS 1200 04-08-02 COMMISSION 84,00 SEC FEE 81 CITIZENS COMMUNICATIONS CO EXECUTION BY MONT VS 6200 05-02-01 COMMISSION SEC FEE 434,00 1,61 15.69300 43,728.07 33°33200 26,698.59 6,366 8.60700 $2,875.59 027 06/2902;12:40 001 vS63 EFTA00198451

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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 17 of 22 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 06/28/02 06/25/02 SOLD CISCO SYSTEMS INC csco -2,600 13.58000 35,161.93 EXECUTION BY COWN VS 2600 03-28-02 COMMISSION 130,00 SEC FEE 1,07 GES OsS50s SOLE CONTINENTAL AIRLINES INC-CL'8 Cat EXECUTION BY NEED VS 1300 03-26-02, 600 03-25-02 COMMISSION 133,00 SEC FEE 92 06/28/02 06/25/02 SOLD DMC STRATEX NETWORKS INC STXN -6,800 2.27410 EXECUTION BY VKCO VS 1350 06-28-01, 3200 12-05-0 1, 1250 10-17-01 COMMISSION 290,00 SEC FEE 40 EXECUTION BY MSCO VS 1900 04-16-02 COMMISSION 133,00 SEC FEE 1,02 06/28/02 06/2! EXPEDITORS INTERNATIONAL OF WASHINGTON INC STK SPLITON 3000 SHS REC 06/10/02 PAY 06/24) UBERTY MEDIA SER A NEW EXECUTION BY LEHM VS 4500 09-29-00 COMMISSION 270,00 SEC FEE 1,25 EXECUTION BY BUCK VS 1800 06-25-02 COMMISSION 108,00 2 iB) 06/25) 027 06/2902;12:40 001 vS63 EFTA00198452

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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 22 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = May 31, 2002 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/28/02 06/25/02 SOLD VISHAY INTERTECHNOLOGY INC VSH -2,200 21.46000 SEE NOTE "S’ ON BACK EXECUTION BY SBSH VS 2200 11-27-01 COMMISSION 154,00 SEC FEE 1,43 47,041.57 TOTAL $-728,219.08 $1,582,617.93 MONEY FUND ACTIVITY MOVDAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 06/01/02 OPENINGBALANCE 3,239,167.94 THE TREASURERS” FUND DOMESTIC PRIME M/M PORTFOLIO ioaioa” BOUGHT” THE TREASURERS FUND INC GION 126.000" 776000 726°60000"" DOMESTIC PRIME MIM PORT! HE TREASURERS FUND GYby DOMESTIC PRIME MIM PORTFOLIO tb! o6i07I02"” SOLE THE TREASURERS FUND INC GIOKK "75,000 "T6000 "75,000.00 boner PRIME MUM PORTFOLIO DOMESTIC PRIME tee PORTFOLIO Donesnic PRIME MUM PORTFOLIO AM BOAO uI0 osiT4i0s"" SOB THE TREASURERS” FUND INC Gib “$3,600 °°" 776000 $3,000.00 DOMESTIC PRIME M/M PORTFOLIO O61 7102" BOUGHT iH ETBFASURESS FUNDING GTDXX 385/600 1.0000 285,000.00 06) DOMESTIC PRIME WWM PORTFOLIO }00 -0000 121,000.00 06/13/02 BOUGHT 027 06/2902;12:40 001 vS63 EFTA00198453

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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 19 of 22 STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) sccout xumccr | rwraver maccn MONEY FUND ACTIVITY (continued) LAST STATEMENT = May 31, 2002 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT (CREDIT AMOUNT 06/20/02 BOUGHT AHR EE RASHAEBS AYNQING 0 GTDXX 25,000 1.0000 25,000.00 DOMESTIC PRIME WM PORTFOLIO O6i216s" DIVIDEND THe TREASURERS END NE Gib “Si3604 MONTHLY DIVIDEND Os2102 BIVIDEND THe TREASURERS CUNO Ne Gib 79378 MONTHLY DIVIDEND G6I1703" REINVEST THe TREASURERS CUNO Ne relay S728'04 3426104 MONTHLY DIVIDEND REINVESTED DOMESTIC PRIME WM PORTFOLIO MONTHLY DIVIDEND REINVESTED genmnenteuuarennneenonneenonneeey yy psy ae eaReAgRe une aeonerenonessscennneecnaeennneegiyysqpennneecnaeeonene 1s uarenaneenngyenes tee DOMESTIC PRIME WM PORTFOLIO 6/25/02 BOUGHT THE TREASURERS” FUND INC Gib FETOO TBST {60.000 00 Bowe STC PRE hand POMP LIO 06/27/02" BOUGHT THe TREASURERS" FUNDING GTN 660.600" TGd60 666.600'60"" DORESTIC PRIN MIM PORTFOLIO BoneSTiC PRINE Wand POH FOLIO -0000 06/28/02 CLOSINGBALANCE 4.985,787.77 TOTAL $-2.100,619.83 $357,919.83 027 06/2902;12:40 001 vS63 EFTA00198454

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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 383 Madison Avenue Brooklyn, New York 11201-3859 STEARN S — i 10179 20 of 22 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH Transaction Detail (continued) ACCOUNT NUMBER June 28, 2002 rwraver maccn DIVIDENDS LAST STATEMENT DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (8) OEBIT AMOUNT (CREDIT AMOUNT oe0s02 HCAINC = —— ss —s—“‘“;tCHCAOUU!!UWUWUWUWU!U!U!U!UC«S OO €COO2000C~C~Ctsti“‘“‘“‘<‘<‘(‘(‘(‘(‘(‘ S;TFO;~;!#«CR8«OO (FRM HCA-HEALTHCARE COMPANY) REC 05/01/02 PAY 06/01/02 cLB REC 05/28'02 PAY 06/07/02 REC 05/20/02 PAY 06/10/02 evnnsnssannnsnnnnsnn a etnnnnnennn i ennsnnnnn py annnngisannnnnnnnnnssennnnnnnnnn iene 10,400°""0.0562 OST OIOS U2 CLAIBORNE TNC REC 05/20/02 PAY 06/10/02 BETTIE NSBEOLI SUITE SORE mene cence ic sannennsnnsnnessannnnnnnnnnnnss ennai REC 05/31/02 PAY 06: 12/02 REC 05/24/02 PAY Oe/iaios” CABOT CORP aT 5.4007 61300 76200 REC 05/31/02 PAY 06/14/02 “EXPEDITORS INTERNATIONAL GF EXPE 300077" "C1360 WASHINGTON INC REC 06/03/02 PAY 06/17/02 serene svn nnn nnn cnn REC 06/03/02 PAY 06/17/02 06/27/02 ROYAL CARIBBEAN CRUISES LTD ACL 17.350” "0-1300 1475.50 REC 06/05/02 PAY 06/27/02 TOTAL $6,440.88 oei7i0s"™ oei7i0e™ 027 06/2902;12:40 001 vS63 May 31, 2002 EFTA00198455

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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 21 of 22 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Transaction Detail (continued) a ACCOUNT NUMBER Taxpayer nuwecr INTEREST LAST STATEMENT May 31, 2002 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE [%} DEBIT AMOUNT CREDIT AMOUNT 06/21/02 INTCR | | JUN 02 1,039.06 TOTAL $1,039.06 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 07/01/02 06/26/02 SOLD COSTCO WHOLESALE CORP-NEW COST 36.9554 88,555.29 07/01/02 “06/26/02 SOLD CABOT CORP CBT WITH RIGHTS TO PURCHASE PREFRD 07/01/02 06/26/02 SOLD DMG STRATEX NETWOAKS ING STXN 400.00 27.0387 37,740.04 2.1848 EXPEDITORS INTERNATIONAL OF EXxPD WASHINGTON INC O7i01/02 06/26/02 SOLD FOX ENTERTAINMENT GROUP INC FOX CLA 17.1557 31.3111 20.8681 SER A NEW 07/01/02 “06/2602 SOLD LZ CLAIBORNE INC 700.00 30.7990 027 06/2902;12:40 001 VS63 EFTA00198456

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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 22 of 22 INSTITUTIONAL INTERESTS STATEMENT PERIOD June 1, 2002 THROUGH June 28, 2002 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT May 31, 2002 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP O7N2N2 Weien 2 BOUGHT Moor LABORATORIES DBT o7i02I02 06/27/02 SOLD “EMMIS COMMUNICATIONS CORP-CL A EMMS 07/02/02 06/27/02 SOLD FOX ENTERTAINMENT GROUP INC FOX CLA 07/02/02" 06/27/02 SOLD LIBERTY MEDIA CORP L SER A NEW PRICE DEBIT AMOUNT CREDIT AMOUNT 38.8072 104,983.44 15.1037 100,707. 74 17.8600 49,575.40 19.7147 8.0112 26,223.16 O7i02I02" ™ 06/27/02 SOLD SINCLAIR BROADCAST GROUP INC 13.0345 41,534.14 07/02/02 oB/27/02 : : 5,533.02 TOTAL $296,181.73 $1,028,790.58 The above trades co not appear in any other section of this statamont STOP ****** End of Statement****** VY 027 06/2902;12:40 001 vS63 EFTA00198457

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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 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD April 27,2002 THROUGH May 31,2002 . account numccr = What’s In This Statement Wasalbcsbeelslsssahil Taxpayer nuwecr ED Financial SUMMALY wows — 3 INSTITUTIONAL INTERESTS caer saree BOA 28,2008 Your Portfolio Holdings . 4 C/O FINANCIAL TRUST COMPANY Transaction Detail 8 ATTN JEANNE BRENNAN Fund Activi 21 6100 RED HOOK QUARTER u itY season SUITE B-3 Trades Not Yet Settled wuss: 23 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio $4,184,719 TOTAL VALUE OF SECURITIES THIS PERIOD* 13,094,189 Cash & Equiralent [7 $4,378,949 vnc et 2g aes MONEY MARKET FUND BALANCE 3,239,168 $13,248,185 || Current market value NET EQUITY THIS PERIOD $17,278,908 {28] Last statement's market value NET EQUITY LAST STATEMENT 17,627,084 CHANGE SINCE LAST STATEMENT -348,176 “This portfolio indudes one or more unpriced securties that are not reflected in the Total Vaiue of Securties and the Net Equity This Period There are no "Stop Loss’ orders or other pending buy or sell open orders on file for your account. ‘This summary is for informational purposes only. It Is not intended as a tax document, ‘This statemem should be retained for your records. See reverse side for important information. 027 06/01/02;17:28 001 vs69 EFTA00198458

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2 of 24 STATEMENT BACKER IS PRINTED ON THIS PAGE 06101/02;17:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198459

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BEAR STEARNS 3 of 24 Cash Flow Analysis Balance Openi: Securities Sold Money Fund Dividends/Interest Amount Credited OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Income Summary Securities Bought Money Fund Funds Withdrawn Miscellaneous Amount Debited Net Cash Activity THIS PERIOD THIS PERIOD YEAR TO DATE $843,946.28 Dividends 5,873.40 30,065.63 . Credit Balance Int. 902.97 5,185.79 2,156,104.20 sess eneneeeeennnentenenensiesantnentsennnentenes senses 904,164.60 Tote encntnenecesstuneenneenen nee eee 2611.77 Foreign Tax Withheld -43.28 $3,062,880.57 -2,334,459.07 Portfolio Composition 604,164.60 Cash/Cash Equivalent 4.184.719 22,008.67 Equities 13,094,189 43.28 150, Sennen EN ER NNN EN ER ER ENTS) SNERERSENERER NR EEEEEE STS) SeEEEEaNEeNeEen: aeeee esesennnansssss Total $17,278,908 101,604.95 Cash Balance Summary OFENING. Cash 839,663.46 Margin 4,282.82 Net Cash Balance $843,946.28 CLOSING 940,365.44 5,185.79 $945,551.23 027 06101/02;17:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 account sumccr rwraver maccn LAST STATEMENT April 26, 2002 Your Portfolio Allocation Cash & Equivalent 25% Equities 75% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. v559 EFTA00198460

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 of 2 Your Portfolio Holdings CASH & CASH EQUIVALENTS (CURRENT YELD (%) NAARKET VALUE ESTIMATED DESCRIPTION SYMBOLICUSIP QUANTITY PRICE ANNUAL INCOME CASH BALANCE GTDXX 3,233,624.77 1.0000 3,233,625 1 "5000 THE TREASURERS FUND ING THE TREASURERS FUND INC GTDXX 5,543.17 1.0000 5,543 83 1.4974 DOMESTIC PRIME MM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $4,184,719 EQUITIES Equities & Options CURRENT YELD (%} MARKET VALUE 92.800 6,652 ESTIMATED ANNUAL INCOME AcCT DESCRIPTION SYMBOUCUSIP TYRE ABERCROMBIE & FITCH CO-CLA ANF CASH ABHH PRKE 29.0000 1.8300 AMERICAN BANK NOTE HOLOGRAPHICS INC WTS AMERICAN BANK NOTE 024377111 CASH 2,151 Unpriced HOLOGRAPHICS 8/2002 BEVERLY ENTERPRISES INC NEW BEV CASH CAR BARD INC BCR CYTYC CORP cyTC CASH CALPINE CORP CPN 1428 15245 255.460 027 06101/02;17:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 27,2002 May 31,2002 account sumccr rwraver maccn April 26, 2002 THROUGH LAST STATEMENT vss9 EFTA00198461

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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 2a Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CENDANT CORP cD CASH 18,350 18.2800 335,438 CELESTICA INC cLs CASH 2,100 29.5200 61,992 SUBORD VTG SHS COSTCO WHOLESALE CORP-NEW COST CASH 6,550 39.2700 257,219 CITIZENS COMMUNICATIONS CO CZN CASH 37,200 9.4000 349,680 CANDIES INC CAND MAGN 346 4.6600 1,612 KENNETH COLE PRODUCTIONS INC KCP CASH 7,500 26.4200 198,150 CLA CISCO SYSTEMS INC csco CASH 10,200 15.7800 160,956 CONTINENTAL AIRLINES INC-CL B CAL CASH 9,450 22.2700 210,452 COX COMMUNICATIONS INC NEW cox CASH 2,600 33.6400 87,464 CLA EMMIS COMMUNICATIONS CORP-CLA EMMS CASH 9,050 29.6000 267,880 EXPEDITORS INTERNATIONAL OF EXPD CASH 3,000 59.1000 177,300 720 0.4061 WASHINGTON INC FOX ENTERTAINMENT GROUP INC FOX CASH 14,600 25.0400 365,584 CLA FEDEX CORP FOX CASH 3,900 53.9500 210,405 027 06101/02;17:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 account sumccr rwraver maccn LAST STATEMENT April 26, 2002 vss9 EFTA00198462

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of 2a Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION SYMBOLICUSIP FOOT LOCKER INC Zz FEDERATED DEPARTMENT STORES FD CURRENT YELD (%) NAARKET VALUE 178,245 256,742 ESTIMATED ANNUAL INCOME AcCT TPE QUANTITY PRICE CASH 15.3000 CASH 41.4100 i H z J 147,704 SPONSORED ADR HONEYWELL INTL INC HON CASH 4,150 39.2000 462.680 (FRM HCA-HEALTHCARE COMPANY) 757 NOVA CHEMICALS CORP NOX CASH 4.500 NORTHWEST AIRLINES CORP NWAC 2,500 NORFOLK SOUTHERN CORP NSC 8,450 POLO RALPH LAUREN CORP-CL A RL CASH 6,407 OMNICARE INC OCR 6,300 16.7200 21-1700 178.887. 25.8900 165.877 28.0800 176,904 567 41,800 0.3205 027 06101/02;17:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 27,2002 May 31,2002 account sumccr rwraver maccn April 26, 2002 THROUGH LAST STATEMENT vss9 EFTA00198463

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a T ofa Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) PACIFIC SUNWEAR OF CALIFORNIA PSUN CASH 9,350 19.4000 181,390 INC QUIKSILVER INC ZOQK CASH 17,450 23.0500 402,223 REMEC INC REMC ROYAL CARIBBEAN CRUISES LTD RCL CASH 11,350 22.5100 255.489 5,902 2.3101 32,103 ‘SINCLAIR BROADCAST GROUP INC SBGI CASH 21,600 14.8200 320,112 CLA SYMBOL TECHNOLOGIES INC SBL CASH 15,400 8.5700 131,978 308 0.2334 TYCO INTERNATIONAL LTO Tye CASH 2.550 21.9500 55,973 {28 "92387 TIBCO SOFTWARE INC TIBX CASH 17,400 5.9500 103,530 TRIQUINT SEMICONDUCTOR INC TQNT CASH 11,500 9.0000 103,500 UNITED PARCEL SVC INC UPS CASH 5,350 60.3800 323,033 4,066 1.2587 cLB UNITED RETAIL GROUP INC URGI CASH 16,700 9.0460 151,068 UNIVERSAL HEALTH SERVICES INC UHS CASH 1,400 49.6200 69.468 cLB 027 06101/02;17:25 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 account sumccr rwraver maccn LAST STATEMENT April 26, 2002 vss9 EFTA00198464

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York New York 10179 fl INSTITUTIONAL INTERESTS 8 of 28 STATEMENT PERIOO April 27,2002 THROUGH May 31, 2002 accoust numccr Taxpayer nuwecr LAST STATEMENT April 26, 2002 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD ('} VISHAY INTERTECHNOLOGY INC VSH CASH 4,900 24.5600 120,344 YOUNG BROADCASTING INC-CL A YBTVA CASH 12,800 20.2000 258,560 Total Equities& Options $13,094,189 $51,993 TOTAL EQUITIES $13,094,189 $51,993 YOUR TOTAL ESTIMATED ANNUAL INCOME $100,580 YOUR PRICED PORTFOLIOHOLDINGS $17,278,908 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/29/02 04/24/02 BOUGHT CALPINE CORP CPN 14,500 12.13460 176,981.70 EXECUTION BY MSCO VS 14500 04-24-02 COMMISSION 6701208 04/29/02 04/24/02 SOLD CELESTICA INC CLS -2,100 29.13140 SUBORD VTG SHS EXECUTION BY SIMM VS 2100 03-28-02 COMMISSION 147,00 SEC FEE 1,85 027 06/01/02;17:28 001 v559 EFTA00198465

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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 24 STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/29/02 04/24/02 SOLD CONTINENTAL AIRLINES INC-CL B CAL -2,700 28.02700 75,466.62 EXECUTION BY SBSH VS 100 03-28-02, 2600 04-18-02 COMMISSION 189,00 SEC FEE 2.28 LID EXECUTION BY FBCO VS 1600 03-06-02, 1000 03-28-0 2, 1400 03-12-02, 1600 03-05-0 2 COMMISSION 280,00 SEE NOTE "S' ON BACK EXECUTION BY RHCO VS 300 01-09-02, 1000 11-27-01 COMMISSION 91,00 SEC FEE 80 EAGLE TEAS INC NEW EXECUTION BY RSSF VS 1600 04-23-02 SEC FEE 1.26 (02 BOUGHT CALPINE CORP CPN 6,200 11.50000 71,315.00 EXECUTION BY FBCO VS 6200 04-25-02 AS OF 04/25/02 i-MANY ING" iMNY 1,600 460000 7375.00" EXECUTION BY CANT VS 1600 04-25-02 OSiOTe2" OaB602" BOUGHT AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHO VS 1200 04-26-02 36.14750 37/392'00"" 027 06101/02;17:25 001 vss9 EFTA00198466

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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 INSTITUTIONAL INTERESTS 10 of STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/01/02 04/26/02 SOLD ALLERGAN INC AGN -1,750 65.47880 114,446.95 EXECUTION BY RHCO VS 1750 03-06-02 COMMISSION SEC FEE GBA OssaGs SOLE CH BAAD INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN VS 1400 04-12-02 COMMISSION 98,00 SEC FEE 29 see gnnenennenennesssnpgunnnennnnsscanenatn ajrrrrtrenmgeyyppemnnnnenennesesnennnnennnen sce EXECUTION BY COWN VS 550 09-17-01, 650 01-31-02 SEC FEE 1,24 EXECUTION BY OPCO VS 1500 04-29-02 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED EXECUTION BY BUCK VS 3200 04-29-02 COMMISSION 192,00 EMMIS COMMUNICATION: EXECUTION BY FBCO VS 3000 01-08-02, 1500 12-26-0 05/02/02 "72340 1173278 05/03/02 1 COMMISSION 225,00 SEC FEE 3.78 027 06101/02;17:25 001 vss9 EFTA00198467

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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 11 of STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/03/02 04/30/02 SOLD IMC GLOBAL INC IGL -5,300 12.41110 65,390.85 SEE NOTE *S* ON BACK EXECUTION BY MLCO VS 3200 01-23-02, 2100 01-22-0 2 COMMISSION 371,00 SEC FEE 1,98 EXECUTION BY BUCK VS 2200 04-30-02 COMMISSION 132,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 100 12-06-01, 3200 12-05-01 COMMISSION 231,00 SEC FEE 2.78 5/03) BOUGHT TALBOTS INC TLB 1,100 EXECUTION BY LEHM VS 1100 04-30-02 COMMISSION 77,00 05/06/02 05/01/02 SOLD AMERICAN EAGLE OUTFITTERS INC AEOS -3,600 24.59820 88,355.85 NEW EXECUTION BY JPHO VS 1000 04-23-02, 1200 04-26-0 2, 1400 04-18-02 COMMISSION 180,00 SEC FEE 2.67 05/06/02 05/01/02 SOLD BOISE CASCADE CORP BCC -2,700 33.12220 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE *S" ON BACK EXECUTION BY GKMC VS 900 03-05-02, 700 03-12-02, 1100 03-26-02 89,333'34 027 06101/02;17:25 001 vss9 EFTA00198468

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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 PERIOO April 27,2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/06/02 05/01/02 BOUGHT KENNETH COLE PRODUCTIONS INC KCP 1,600 29.14330 46,740.28 LA EXECUTION BY BUCK VS 1600 05-01-02 COMMISSION 96,00 EXECUTION BY SBSH VS 4800 04-17-02 COMMISSION 336,00 sg cee mmenansaarns & OS5/06/02 05/01 “7,500 12:41426 18,500.73 SEE NOTE "S’ ON BACK EXECUTION BY MLCO VS 400 01-22-02, 1100 10-05-01 COMMISSION SEC FEE SEE NOTE "S' ON BACK EXECUTION BY GSCO VS 500 04-15-02, 1650 04-08-02 COMMISSION 180,50 SEC FEE 1,39 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHO VS 2600 04-18-02 COMMISSION 130,00 SEC FEE 1.91 CALPINE CORP EXECUTION BY MLCO VS 3200 05-02-02 COMMISSION 224,00 SEE NOTE "S* ON BACK EXECUTION BY MLCO VS 1300 10-05-01 COMMISSION 91,00 SEC FEE 51 1627600 32,930:20" osO7I02" 5/02! GBO7I2" O5102) -1,300 16,834. 027 06101/02;17:25 001 vss9 EFTA00198469

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BEAR STEARNS 13 of OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION o5/07/02 05/02/02 SOLD Osioeie2" “OSS SOLE PACIFIC” SUNWEAR OF CALIFOANIA DESCRIPTION VISHAY INTERTECHNOLOGY INC SEE NOTE "S" ON BACK EXECUTION BY MLCO VS 1300 11-27-01 COMMISSION 91,00 SEC FEE 90 INC EXECUTION BY SLKC VS 700 04-08-02 COMMISSION SEC FEE SYMBOLICUSIP VSH QUANTITY PRICE -1,300 22.92750 3473646 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 accout Nuecr vapaver nuvwcr LAST STATEMENT April 26, 2002 DEBIT AMOUNT GREDIT_ AMOUNT 29,698.85 ogee" OS/08/02 05/03 oNaee2""" Osis" OSi06) 02 SOB SEE NOTE "S' ON BACK EXECUTION BY BUCK VS 1050 04-08-02, 150 04-04-02 COMMISSION 72,00 SEC FEE 78 ISES LID SEE NOTE "S* ON BACK EXECUTION BY JPHO VS 2500 12-18-01 COMMISSION 175,00 SEC FEE 1,77 SYMBOL TECHNOLOGIES INC AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED EXECUTION BY BUCK VS 1900 04-10-02 COMMISSION 114,00 SEC FEE 89 EXECUTION BY COWN VS 650 01-31-02, 650 01-16-02 SEC FEE 1.19 027 5,100 874960 “T7306 30:20006 06101/02;17:25 001 41,355.70 39,343 81 vss9 EFTA00198470

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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 14 of STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | rwraver maccn INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT DATE 05/09/02 osiosio2"” osrioie2"” osrioie2"” OSGiG2 osiioie2"” “Ose SOL “OSI07I02 OSI07/02 BOUGHT FOOT LOCKER INC : Zz 1,300 15.18056 1984065" TRADE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/06/02 BOUGHT FOOT LOCKER INC a 1,300 14.90060 19,463.78 EXECUTION BY BUCK VS 1300 05-06-02 COMMISSION 78,00 TOMMY HILFIGER CORP-ORD TOM -2,100 15.22590 31,811.42 EXECUTION BY MLCO VS 2100 04-10-02 COMMISSION SEC FEE 14:92800 38/827°86 EXECUTION BY COWN VS 2600 05-07-02 05/07/02 BOUGHT FEDEX CORP FDX 1,300 50.84770 66,208.01 EXECUTION BY MLCO VS 1300 05-07-02 COMMISSION 91 EXECUTION BY MLCO VS 1300 05-07-02 COMMISSION 91,00 05/07/02 BOUGHT NORFOLK SOUTHERN CORP NSC 1,500 20.88240 31,443.60 EXECUTION BY MLCO VS 1500 05-07-02 COMMISSION 105,00 cLB AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED (FRM HCA-HEALTHCARE COMPANY) EXECUTION BY OPCO VS 1400 10-24-01 COMMISSION SEC FEE 027 06101/02;17:25 001 vss9 EFTA00198471

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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 STATEMENT PERIOD April 27, 2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 05/13/02 05/08/02 SOLD JC PENNEY CO INC JCP -900 22.59440 20,256.34 SEE NOTE "S" ON BACK EXECUTION BY GSCO VS 900 04-04-02 COMMISSION SEC FEE 05/13/02 05/08/02 SOLD TOMMY HILFIGER CORP-ORD TOM -1,800 15.36320 EXECUTION BY BUCK VS 1800 04-10-02 COMMISSION 108,00 SEC FEE 84 37,529'S2 INC-DEL EXECUTION BY BUCK VS 2300 05-09-02 COMMISSION 138,00 SEE NOTE "S' ON BACK EXECUTION BY OPCO VS 400 04-04-02 COMMISSION 28,00 SEC FEE 27 TALBOTS INC TLB -700 37.31000 26,059.21 EXECUTION BY BUCK VS 700 04-29-02 COMMISSION 42,00 SEC FEE 79 TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 300 04-10-02, 500 01-30-02 COMMISSION 48,00 SEC FEE 36 OsiTSI02 OS/Oi02" BOUGHT FOOT LOCKER’ INC” EXECUTION BY OPCO VS 400 05-10-02 o5/14i02""O: 492780 1187408 osiiaio {3.81090 5567.36" COMMISSION 28,00 027 06101/02;17:25 001 vss9 EFTA00198472

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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 STATEMENT PERIOD April 27, 2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/15/02 05/10/02 SOLD JC PENNEY CO INC JCP -650 22.70890 14,714.84 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE "S* ON BACK EXECUTION BY SBSH VS 2500 01-04-02, 790 12-26-01 SEC FEE 2.14 Osea" OSTSOS BOUGHT PACIFIC” SUNWEAR GF CALIFOANIA BSN 600 73:40800 165580 INC EXECUTION BY RSSF VS 600 05-13-02 OSE" Osa BOUGHT NORFOLK SOUTHERN CORP NSC 2,200 3747926 47,423.34" EXECUTION BY FBCO VS 2200 05-14-02 COMMISSION 154,00 OSE" Osa BOUGHT YOUNG BAGABCASTING INCL A YBTVA 1,600 3713706 3388236 EXECUTION BY INET VS 1600 05-14-02 COMMISSION 48, WORST 00 EXECUTION BY TWPT VS 700 11-09-01, 700 11-07-01 SEC FEE 50 EXECUTION BY ADAM VS 3100 04-30-01 COMMISSION 186,00 7 SEC FEE EXECUTION BY COWN VS 1350 01-16-02, 700 01-15-02 , 1400 03-01-02 SEC FEE 3.13 027 06101/02;17:25 001 vss9 EFTA00198473

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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 17 of STATEMENT PERIOO April 27,2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE Dae ___OATE_rmansacron __vesonprigo spouse uanrity pace DEBST AMOUNT_OREDAT AMON 05/22/02 05/17/02 BOUGHT ANALOG DEVICES INC ADI 2,400 40.10570 96,436.68 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RHCO VS 2400 05-17-02 COMMISSION 168,00 05/22/02 05/17/02 BOUGHT CALPINE CORP CPN 2,600 8.83600 23,129.60 AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 05/22/02 05/17/02 BOUGHT CENDANT CORP cb 6,900 18.83500 130,459.50 EXECUTION BY TWPT VS 6900 05-17-02 COMMISSION 483,00 05/22/02 05/17/02 BOUGHT CABOT CORP CBT 4,000 26.75650 107,321.00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY VKCO VS 4000 05-17-02 CLA EXECUTION BY RHCO VS 2600 05-17-02 COMMISSION 182,00 DOW CHEMICAL CO EXECUTION BY MSCO VS 600 05-17-02 COMMISSION 42,00 05/22/02 05/17/02 BOUGHT FOOT LOCKER INC EXECUTION BY LEHM VS 800 05-17-02 COMMISSION 56,00 05/22/02 05/17/02 BOUGHT NORFOLK SOUTHERN C! EXECUTION BY FBCO VS 400 05-17-02 COMMISSION 28,00 OS/22/02 05/17) 404. 3.65000 10,397-00 "80860 a 76645" 027 06101/02;17:25 001 vss9 EFTA00198474

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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 18 of STATEMENT PERIOO April 27,2002 THROUGH May 31, 2002 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 05/22/02 05/17/02 SOLD lla STORES INC STGS -1,000 34.90000 34,883.94 NEW EXECUTION BY NITE VS 1000 04-09-02 SEC FEE 1 OSB" OS TIOS SOLS TALBOTS WNC EXECUTION BY BUCK VS 300 04-29-02 COMMISSION 18,00 SEC FEE 35 06 300 S874516 OSBz/02 NAME CHE COOPER INDUSTRIES TIT FROM NICCOOPERINDUSTRIES LTD TO N/CCOOPERINDUSTRIES LTD JONES APPAREL GROUP INC JNY 1,100 41.02970 45,213.67 EXECUTION BY BUCK VS 1100 05-20-02 COMMISSION 66, OSB302" OSI20/02 00 EXECUTION BY FCAP VS 100 01-10-02, 200 03-06-02 COMMISSION 21,00 SEC FEE SEE NOTE "S’ ON BACK EXECUTION BY BUCK VS 1500 01-31-02 COMMISSION SEC FEE EXECUTION BY BUCK VS 2850 05-21-02 COMMISSION 171,00 AS OF 05/21/02 OB4G2 OS 737 vss snsnennennennen is eyppennsnnnssanenenntnnese is tnennnnnay aa anennennennns aapptnenne i amnnnnnnnnne 027 06/01/02;17:28 001 v559 EFTA00198475

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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 STATEMENT PERIOD April 27, 2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/24/02 05/21/02 SOLD TOMMY HILFIGER CORP-ORD TOM -4,000 14.57260 58,033.64 EXECUTION BY BUCK VS 600 01-30-02, 1900 02-20-02 , 1500 10-05-01 COMMISSION SEC FEE OSis4i02" OS102" BOUGHT UNIVERSAL HEALTH SERVICES INC HS 1,400 45:19400 63,384.60" cLB EXECUTION BY MSCO VS 1400 05-21-02 COMMISSION CLA AVG PRICE SHOWN-DETALS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO VS 1400 05-22-02 COMMISSION 98,00 05/28/02 05/22/02 BOUGHT FOOT LOCKER INC rd 3,200 13.32890 42,859.48 EXECUTION BY BUCK VS 3200 05-22-02 COMMISSION 192,00 05/28/02 05/22/02 SOLD MYKROLIS CORP MYK EXECUTION BY MONT VS 1400 03-06-02 COMMISSION 98,00 SEC FEE 68 SEE NOTE "S* ON BACK EXECUTION BY MONT VS 800 01-31-02, 200 01-30-02 COMMISSION 70,00 SEC FEE 82 16.60000 22,386 32 2715786 B7 07738 027 06101/02;17:25 001 vss9 EFTA00198476

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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 20 of 2 STATEMENT PERIOD April 27, 2002 THROUGH May 31,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/28/02 05/22/02 BOUGHT QUIKSILVER INC Z0K 1,300 21.54350 28,112.55 EXECUTION BY LEHM VS 1300 05-22-02 COMMISSION 91,00 Osis8i02" S302" BOUGHT ADELPHIA COMMUNICATIONS CORP CLA EXECUTION BY SBSH VS 61800 05-23-02 05/29/02 05/23/02 BOUGHT FOOT LOCKER INC AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 05/29/02 05/23/02 BOUGHT JONES APPAREL GROUP INC JNY 1,200 39.99450 48,080.40 EXECUTION BY BUCK VS 1200 05-23-02 COMMISSION 72,00 05/29/02 05/23/02 BOUGHT TOMMY HILFIGER CORP-ORD TOM 6,300 15.28130 96,665.19 EXECUTION BY BUCK VS 6300 05-23-02 COMMISSION 378,00 Oss0i2" “OSBai02" SOLE 3:47000 148,953.00" {4.79656 38'533.60" “17/300 766750 38,372 88 EXECUTION BY INET VS 2200 11-02-00, 800 11-14-00 . 4300 12-13-00, 10000 12-11-0 0 COMMISSION 519,00 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE "S' ON BACK INC EXECUTION BY JPHO VS 2900 05-24-02 COMMISSION 145,00 027 06101/02;17:25 001 vss9 EFTA00198477

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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 21 of STATEMENT PERIOO April 27,2002 THROUGH May 31, 2002 Transaction Detail (continued) sccout xumccr | vaxpayer wumeer INVESTMENT ACTIVITY (continued) LAST STATEMENT — April 26, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 05/30/02 05/24/02 BOUGHT TIMBERLAND CO-CLA TBL 500 39.74630 19,918.15 EXECUTION BY BUCK VS 500 05-24-02 COMMISSION 30,00 ossoios RECEIVED AMERICAN BANK NOTE HOLOGRAPHICS INC HOLOGRAPHICS DUE 05/18/02 EXP 05/18/2002 "BOUGHT PACIFIC SUNWEAR OF CALIFOANIA PSUN 1,100 18.88860 20,847.46 INC EXECUTION BY JPHO VS 1100 05-28-02 COMMISSION 55,00 TOTAL $-2,334.459.07 $2,156,104.20 05/31/02 05/28/02 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 04/29/02 CHECK CK #MH725385 22,608.67 FEES FR 4/1/02-6/30/02 BUCKINGHAM CAPITAL TOTAL $-22,608.67 MONEY FUND ACTIVITY DATE MaDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 04/27/02 OPENINGBALANCE 3,535,003.34 027 06/01/02;17:28 001 v559 EFTA00198478

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metratech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS a" 10179 22 of INSTITUTIONAL INTERESTS STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MONEY FUND ACTIVITY (continued) LAST STATEMENT — April 26, 2002 DATE MONDAY TRANSACTION, DESCAIPTION SYMBOUCUSIF QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 05/02/02 BOUGHT AHR EE RASHAEBS AYNQING 0 GTDXX 400,000 1.0000 400,000.00 05/06/02 FUND DOMESTIC PRIME WM PORTFOLIO os/20(02 "SOLD Baie HE ABN, 0 GION -400,000 1.0000 400,000:00 5/2170 IDEND URER: IND DOMESTIC PRIME WWM PORTFOLIO MONTHLY DIVIDEND 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 10 710.85 710.8: 05/31/02 CLOSINGBALANCE 3,239,167.94 TOTAL $-604.164.60 $904,164.60 DIVIDENDS OATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CAEDIT AMOUNT 05/01/02 JC PENNEY CO INC icp 2,100 0.1250 262.50 REC 04/10/02 PAY 2 en £300 0.0125 027 06/01/02;17:28 001 v559 EFTA00198479

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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 Brocklyn, New York 11201-3859 STEARNS a" 10179 INSTITUTIONAL INTERESTS 23 of 2 STATEMENT PERIOD April 27,2002 THROUGH May 31, 2002 Transaction Detail (continued) sccout xumccr | Twpaver nuvecr DIVIDENDS (continued) LAST STATEMENT April 26, 2002 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CEBIT AMOUNT CREDIT AMOUNT 05/07/02 =MASCO CORP MAS 3,300 0.1350 445.50 REC 04/05/02 PAY 05/07/02 REC 04/29/02 PAY 05/10/02 REC 04/30/02 PAY 05/15/02 WH 43.28 FOREIGN TAX WITHHELD TOTAL $-43.28 $1,708.80 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CERT AMOUNT CAEDIT AMOUNT 05/21/02 INTCR MAY 02 902.97 TOTAL $902.97 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT Oo 2 oO 2 SOLD IMC GLOBAL INC IGL 000.00 6 13,538.78 06/04/02 05/30/02 BOUGHT PACIFIC SUNWEAR OF CALIFORNIA PSUN 600.00 18.1533 10,936.98 027 06/01/02;17:25 001 v559 EFTA00198480

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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 24 of 2 STATEMENT PERIOO April 27,2002 THROUGH May 31, 2002 Trades Executed Pending Settlement (continued) wombs heaven i] LAST STATEMENT April 26, 2002 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP 2 BOUGHT TIMBERLAND CO-CLA TBL ADELPHIA COMMUNICATIONS CORP CLA 2 BOUGHT CALPINE CORP 2 BOUGHT MILLENNIUM CHEMICALS INC MCH PRICE DEBIT AMOUNT CREDIT AMOUNT 38.9000 66,247.00 06/04/02 05/30/ Oe/05102" 05/31 "7822 “ 19,767.24 06/05/02 05/31 06/05/02 05/31 06/05/02 05/31 9.3800 26,447.00 14.0150 33,819.00 2 BOUGHT OLIN CORP NEW OLN 4,100.00 19.7674 81,348.34 WITH RIGHTS TO PURCHASE PREFRD TOTAL $309,537.16 $109,492.71 The above trades do not appear in any other soction of this statement STOP **e*** End of Statement™***** \—/ 027 06/01/02;17:28 001 v559 EFTA00198481

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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 Brockiyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 . account numccr = What’s In This Statement || PP | ery end eee Taxpayer nuwecr [ED Financial SUMMALY sows — 3 INSTITUTIONAL INTERESTS cast sarees Mae 28,2008 Your Portfolio Holdings . 4 C/O FINANCIAL TRUST COMPANY Transaction Detail . 8 ATTN JEANNE BRENNAN Fund Activi 22 6100 RED HOOK QUARTER u itY sesvens : SUITE B-3 Trades Not Yet Settled wuss: 24 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio $4,378,949 TOTAL VALUE OF SECURITIES THIS PERIOD 13,248,135 Cash & Equivalent Ee $4,561,906 an —— coe ee sos MONEY MARKET FUND BALANCE 3,535,003 $18,520,120 | | Current market value ERB] Last statements market value wer coun wen peo S75 637 O84 NET EQUITY LAST STATEMENT 18,082,026 CHANGE SINCE LAST STATEMENT ~454,942 There are no “Stop Loss’ orders or other pending buy or sell open orders on file for your account. This summary is for informational purposes only. It is not intended as a tax document ‘Ths statemem should be retamed for your records See reverse side for important information. oz? 04/27/02;13:44 001 vss? EFTA00198482

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2 of 25 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/27102;13:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198483

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of 25 Cash Flow Analysis Income Summary Tis PERIOD TS PERIOD YEAR TO DATE OpeningBalance $1,031,509.02 Dividends 9,223.85 24,192.23 . Credit Balance Int. 1,047.18 4,282.82 Securities Sold 2,680,526.61 00s eenscenceaecesecet Total Dividends/Interest 5,664.68 Foreign Tax Withheld Miscellaneous 35.00 Amount Cr ited $3,790,832.64 Portfolio Composition Securities Bought 1873, 754.03 Cash/Cash Equivalent 4,378,949 Money Fund -1,104,606.25 Equities 13,248,135 Miscellaneous -35.00 se ausnunnnensssseeneneessssanennnsnnnnnnnneeesen sie aneeeeneennnnen sone ssesseesseessssseeeeneessensunssesessuueeseenaeeseesaeessssaeeennuenesennenseeess TOtAl oo ooceersrtestrsstessissstsserssesee, $17,827,084 Amount Debited Net Cash Activity -187,562.74 Cash Balance Summary OFENING CLOSING Cash 1,028,273.38 839,663.46 Margin 3,235.64 4,282.82 Net Cash Balance $1,031,509.02 $843,946.28 027 04/27102;13:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account sumccr rwraver maccn LAST STATEMENT March 28, 2002 Your Portfolio Allocation Cash & Equivalent 25% Equities 75% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. VS67 EFTA00198484

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 of 25 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 3,530,171.02 1.0000 3,530,171 51,894 14700 1.4694 THE TREASURERS FUND INC GTDXX 4,832.32 1.0000 4,832 7 DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $4,378,949 $51,965 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIEE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE CASH 3,200 30.3600 97,152 ACTY INC IATV CASH 17,300 1.2500 21,625 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 6,600 25.7300 169,818 NEW ADELPHIA COMMUNICATIONS CORP ADLAE CASH 8,354 6.0000 50,124 CLA BEA SYSTEMS INC BEAS CASH 10,500 106,680 BEVERLY ENTERPRISES INC NEW BEV CASH 44,800 389,760 CR BAAD ING BCR GASH 3100. 55.0800 170.748 2604 1.525% 1620 718105 BOISE CASGADE CORP Bec CASH 2,700 33.1400 89.478 CENDANT CORP cD CASH 11,450 18.4000 210,680 CELESTICA INC CLs CASH 4.200 28.3500 119,070 SUBORD VIG SHS 027 04/27102;13:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH ACCOUNT NUMBER April 26, 2002 rwraver maccn LAST STATEMENT vss7 March 28, 2002 EFTA00198485

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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 25 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} COSTCO WHOLESALE CORP-NEW cost CASH 6,550 39.9200 261,476 CITIZENS COMMUNICATIONS CO CZN CASH 37,200 9.7500 362,700 SX CORP csx CASH 2,700 36.6400 98,928 1,080 1.0917 ‘CONTINENTAL AIRLINES INC-CL B CAL CASH 12,150 27.1800 151.550. 4900 3.2333 COOPER INDUSTRIES INC CBE GASH 3,500 43.3000, DMC STRATEX NETWORKS INC STXN CASH 17,450 43000 49.235 EXPRESSIET HOLDINGS INC XJT CASH 4,800 14.3300 EMMIS COMMUNICATIONS CORP-CL A EMMS GASH 73.550 30.1500 408,533 ENZON INC EN2N CASH 5,950 36.7700 218,782 EXPEDITORS INTERNATIONAL OF EXPD CASH 3,000 57.4600 172,380 600 0.3481 WASHINGTON INC FOX ENTERTAINMENT GROUP INC FOX CASH 14,600 34-0600. 351,276 CLA 027 04/27102;13:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH ACCOUNT NUMBER April 26, 2002 rwraver maccn LAST STATEMENT vss7 March 28, 2002 EFTA00198486

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of 25 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION IONA TECHNOLOGIES PLC CURRENT YELD (%) NAARKET VALUE 178,340 ESTIMATED ANNUAL INCOME ACCT TYPE CASH PRICE 12.0500 QUANTITY 14,800 SYMBOLCUSIP IONA 47.9000 992 593,960 HCA INC CASH HCA-HI HCA 12,400 CASH ONES APPAREL GROUP INC TINY KOHLS CORP KSS UBERTY MEDIA CORP L CASH SER A NEW UZ CLAIBORNE INC MILLENNIUM CHEMICALS INC MCH MYKROLIS CORP MYK CASH MAS NOVA CHEMICALS CORP CASH NORTHWEST AIRLINES CORP NWAC NORFOLK SOUTHERN CORP NSC 4,350 364,984 34,400 10.6100 15.1600 162.212 28.0000 92.400 103.860 729 23.0800 48,450 93,960 1782 1/9286 0.7019 027 04/27102;13:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO March 29, 2002 April 26, 2002 account sumccr rwraver maccn March 28, 2002 THROUGH LAST STATEMENT vss7 EFTA00198487

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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 25 Your Portfolio Holdings (continued) Equities & Options (continued) MARKET ESTIMATED CURRENT ACCT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD ('} ROYAL CARIBBEAN CRUISES LTD RCL CASH 13,850 22.9000 317,165 7,202 2.2707 ‘SiGOR INC SCRI GASH 17'5500 189.540 SKECHEAS USA INC SKX CASH 9,000 23.0000 207,000 CLA STAGE STORES INC SIGs GASH 14300 32.1600 459,888 ‘SINCLAIR BROADCAST GROUP ING SBGI CASH 21,600 12.7400 275,184 c TIBCO” SOFTWARE INC TIBX CASH TALBOTS INC TLE TIMBERLAND CO-CLA TBL CASH {61.304 41.3600 16.1200 317,564 TOMMY HILFIGER CORP-ORD TOM TRIQUINT SEMICONDUCTOR INC TQNT CASH UNITED PARCEL SVC INC UPS cLB UNITED RETAIL GROUP INC UAGI CASH 16.700 9.0000 150,300 10.0000 115,000 60.4100 250,702 3,154 1.2581 VISHAY INTERTECHNOLOGY ING VSH CASH 7500 19.8800 449.100 YOUNG BROADCASTING INC-CL A YBTVA CASH 14,400 22.2100 319,824 Total Equities& Options $13,248,135 $53,650 TOTAL EQUITIES $13,248,135 $53,650 027 04/27102;13:44 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account sumccr rwraver maccn LAST STATEMENT March 28, 2002 VS67 EFTA00198488

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York New York 10179 fl Le INSTITUTIONAL INTERESTS 8 of 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 account wuuccr Taxpayer nuwecr Your Portfolio Holdings (continued) Laer ararmamer March 28, 2002 YOUR TOTAL ESTIMATED ANNUAL INCOME $105,615 YOUR PRICED PORTFOLIOHOLDINGS $17,627,084 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/01/02 03/26/02 SOLD AMERICAN EAGLE OUTFITTERS INC AEOS -1,400 25.12900 35,165.07 NEW EXECUTION BY RSSF VS 1400 12-14-01 SEC FEE 53 BURLINGTON NORTHERN SANTA FE CORP SEE NOTE "S’ ON BACK EXECUTION BY FBCO VS 1700 03-26-02 COMMISSION 119,00 O4TIOS” OSIBEIOE 39'S88380 5111496" 04/01/02 03/26/02 BOUGHT BOISE CASCADE CORP BCC 1,100 35.40000 39,032.00 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S’ ON BACK EXECUTION BY JPHO VS 1100 03-26-02 COMMISSION 027 04/27102;13:44 001 VS67 EFTA00198489

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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 25 STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/01/02 03/26/02 SOLD CHILDRENS PLACE RETAIL STORES PLCE -3,600 31.78000 114,391.28 EXECUTION BY SLKC VS 600 01-03-02, 900 01-14-02, 2100 12-31-01 SEC FEE 1,72 04/01/02 03/26/02 JOUGHT WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO VS 1000 03-26-02 COMMISSION 70, 37,7955 3728050" EXECUTION BY BUCK VS 1300 03-26-02 COMMISSION LID EXECUTION BY FLIT WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RYAN VS 1000 12-06-01 COMMISSION 70,00 SEC FEE 41 NOVACHEMICALS CORP NCX -2,200 23.72040 EXECUTION BY MLCO VS 2200 05-04-01 COMMISSION 154,00 SEC FEE 79 SANMINA-SCi CORP EXECUTION BY FLIT VS 1400 03-26-02 $2,015.09 1787000 16,773.00” 027 04/27102;13:44 001 vss7 EFTA00198490

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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 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 04/02/02 03/27/02 SOLD ADELPH 1A COMMUNICATIONS CORP ADLAE -3,500 18.50000 64,734.02 LA EXECUTION BY SBSH VS 1800 01-16-02, 1700 09-29-0 °o SEC FEE AS OF 03/27/02 EXECUTION BY GSCO VS 500 01-31-02, 600 01-24-02 COMMISSION 77,00 SEC FEE 81 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 1000 12-06-01 COMMISSION 70,00 SEC FEE 1 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GSCO VS 1400 11-15-01 COMMISSION SEC FEE 04/03/02 03/28/02 BOUGHT CELESTICA INC CLS 3,000 36.56400 109,917.00 SUBORD VTG SHS EXECUTION BY MONT VS 3000 03-28-02 COMMISSION 210,00 Oaidsio2" Ose" BOUGHT CISCO SYSTEMS ING : e865 13,600 16967460 230,771.64" EXECUTION BY JPHO VS 13600 03-28-02 O4aidzi62" 03737) “1,406 50.31600 027 04/27102;13:44 001 vss7 EFTA00198491

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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 of 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/03/02 03/28/02 BOUGHT CONTINENTAL AIRLINES INC-CL B CAL 1,200 28.33010 34,095.12 EXECUTION BY SBSH VS 1200 03-28-02 COMMISSION 84,00 Oaiesie2" OsBE0" SOLE EASTMAN CHEMICAL CO EMN -1,100 48°78250 53,567.94 EXECUTION BY SIMM VS 1100 01-24-02 COMMISSION SEC FEE Oaidsie2" Ose" BOUGHT FLEXTRONICS INTERNATIONAL” FLEX 1,600 8.53446 18,549.40" LID EXECUTION BY JPHO VS 1000 03-28-02 oaidsie2" S80" BOUGHT TRIQUINT SEMICONDUCTOR INC TONT 1,500 12. 788060 18,397:00 EXECUTION BY VKCO VS 1500 03-28-02 O4OaI02" OaIOTIOS SOLS “ADELPHIA COMMUNICATIONS CORF “ADLAE “3'500 73:45980 46 98788 CLA EXECUTION BY INET VS 300 09-29-00, 1900 09-28-00 , 1300 11-27-01 COMMISSION 105,00 EXECUTION BY BUCK VS 3900 01-15-02 COMMISSION 234,00 SEC FEE 3.48 ADELPHIA COMME CLA EXECUTION BY SBSH VS 2600 11-27-01, 1000 11-20-0 1 SEC FEE 1,38 O4id5 62" 0470: TONS CORFE 027 04/27102;13:44 001 vss7 EFTA00198492

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North BEAR 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York New York 10179 fl Le INSTITUTIONAL INTERESTS 12 of 25 STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 04/05/02 04/02/02 SOLD BURLINGTON NORTHERN SANTA FE BNI -1,000 29.15000 29,064.12 SEE NOTE "S’ ON BACK EXECUTION BY FBCO VS 1000 03-06-02 COMMISSION 70,00 SEC FEE 88 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S* ON BACK EXECUTION BY JPHO VS 900 03-05-02 COMMISSION 63,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO VS 300 03-06-02, 800 02-28-02 COMMISSION 77,00 SEC FEE 1,23 04/05/02 04/02/02 SOLD CUMMINS INC CUM -2,500 46.32360 115,615.51 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO VS 700 03-12-02, 1800 03-05-02 COMMISSION 175,00 SEC FEE 3.49 o4iosi02” “Oaioz/02"" SOLD EMMIS COMMUNICATIONS CORP-CL A EMS “77400 37°37000 EXECUTION BY DBAB VS 1400 01-08-02 SEC FEE 1,16 AS OF 04/02/02 027 04/27102;13:44 001 vss7 EFTA00198493

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BEAR STEARNS 13 of 25 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 04/05/02 TRADE OATE TRANSACTION 04/02/02 SOLD O4ids 02" Oai0RI0 SOLD DESCRIPTION HONEYWELL INTL INC SEE NOTE "S" ON BACK EXECUTION BY JPHO VS 700 01-03-02 COMMISSION SEC FEE 49,00 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO VS 1300 12-06-01 COMMISSION 91,00 SYMBOLICUSIP HON QUANTITY -700 PRICI 37.90300 3689040 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO March 29, 2002 April 26, 2002 account sumccr rwraver maccn March 28, 2002 THROUGH LAST STATEMENT E DEBIT AMOUNT GREDIT_ AMOUNT 26,467.30 EXECUTION BY ADAM VS 1300 05-04-01, 600 04-17-01 COMMISSION 133,00 SEC FEE 1,36 NORFOLK SOUTHER! EXECUTION BY FBCO VS 1100 10-11-01 COMMISSION SEC FEE PPG INDUSTRIES INC EXECUTION BY ADAM VS 500 01-31-02 COMMISSION SEC FEE 77,00 .76 35,00 82 CLA EXECUTION BY DBAB VS 3600 01-08-02 SEC FEE 1,42 YOUNG BAGABCASTING ECLA” EXECUTION BY SBSH VS 1600 01-08-02, 1000 01-04-0 2 SEC FEE 1,89 027 04/27102;13:44 001 $4:00676 3474800 36,952.53 6276791 vss7 EFTA00198494

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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 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/08/02 04/03/02 SOLD ALLERGAN INC AGN -1,000 62.97600 62,889.10 EXECUTION BY COWN VS 1000 03-06-02 COMMISSION SEC FEE EXECUTION BY RSSF VS 7000 04-03-02 COMMISSION 350,00 AS OF 04/03/02 Vitaia TECHNOLOGY INC GaiGHGS" ORGS "85000 3227566 Oaioeies" OaiOSO SOLD “75,650 363620 4708375 COM EXECUTION BY FLIT VS 1500 02-23-01, 10700 01-11- 01, 3450 03-23-01 SEC FEE 1,24 CLA EXECUTION BY SBSH VS 1900 11-20-01 SEC FEE 65 UBERTY MEDIA CORI SER A NEW EXECUTION BY JPHO VS 1200 09-14-00, 2900 09-18-0 0, 2700 09-28-00 COMMISSION 476,00 SEC FEE 2.41 SEE NOTE "S’ ON BACK EXECUTION BY MONT VS 2100 04-04-02 COMMISSION 147,00 (02 BOUGHT CELESTICA INC CLS 1,200 30.22860 36,373.32 SUBORD VTG SHS EXECUTION BY MONT VS 1200 04-08-02 COMMISSION 84, OaiT Ties" Oai08i 027 04/27102;13:44 001 vss7 EFTA00198495

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BEAR STEARNS 15 of 25 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 04/11/02 04/08/02 BOUGHT Oat TO2" OaiOeIOS BOUGHT Oat Ties" OaioROs BOUGHT Oat Tie" CaaS BOUGHT Oat Ties" OaioROs BOUGHT O4aTZI02" OaIOSiO2 "BOUGHT DESCRIPTION IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY COWN VS 1400 04-08-02 CUAIBGRNE INE EXECUTION BY BMUR VS 3000 04-08-02 COMMISSION 210,00 PACIFIC SUNWEAR GF CALIFOANIA Inc EXECUTION BY RSSF VS 1500 04-08-02 JC PENNEY CO INC SEE NOTE "S* ON BACK EXECUTION BY FLCR VS 2700 04-08-02 COMMISSION 189,00 TIBCO SOFTWARE INC EXECUTION BY FLIT VS 1300 04-08-02 STAGE STORES INC NEW EXECUTION BY CLYN VS 2000 04-09-02 COMMISSION SYMBOLCUSIP IONA QUANTITY 1,400 PRICE 14.11000 39°32096 34°98256 "20.3513 TO39i76 38:74600 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOO March 29, 2002 April 26, 2002 account sumccr rwraver maccn March 28, 2002 THROUGH LAST STATEMENT DEBIT AMOUNT 19,769.00 CREDIT AMOUNT 8318770" 3748875" Se5t" 13,394.21 57/557.00 ~ EXECUTION 8Y MONT VS 2500 04-10-02 COMMISSION BCS SOR WARE'T EXECUTION 8Y TWPT VS 3400 04-10-02 “TORIK IGER"COAB"SRB" EXECUTION BY MLCO VS 4000 04-10-02 COMMISSION 280,00 027 04/27102;13:44 001 vss7 EFTA00198496

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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 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 04/16/02 04/11/02 SOLD REMEC INC REMC -900 9.33650 8,365.09 EXECUTION BY CLYN VS 900 04-18-01 COMMISSION 22,50 SEC FEE 26 EXECUTION BY MDLD VS 4000 07-12-01 COMMISSION 240,00 SEC FEE 1,12 Ga TIGZ 04/17/02 04/12/02 BOUGHT CA BARD INC BCR 3,100 57.04770 177,079.87 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY ADAM VS 3100 04-12-02 COMMISSION 217,00 EXECUTION BY SBSH VS 1500 04-12-02 EXECUTION BY NEED VS 4200 04-12-02 COMMISSION 294,00 EXECUTION BY COWN VS 50 08-09-01, 750 09-17-01 SEC FEE 97 FOOT LOCKER INC EXECUTION BY BUCK VS 1150 10-11-01, 3900 01-03-0 2, 900 01-04-02, 2250 01-15-02 COMMISSION 492,00 SEC FEE 4,00 027 04/27102;13:44 001 vss7 EFTA00198497

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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 17 of 25 INSTITUTIONAL INTERESTS STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBT AMOUNT GREOIT AMOUNT 04/17/02 04/12/02 BOUGHT |-MANY INC IMNY 2,500 4.50000 11,390.00 EXECUTION BY RSSF VS 2500 04-12-02 COMMISSION 125,00 JONES APPAREL GROUP INC EXECUTION BY DAIN VS 600 04-12-02 COMMISSION 42. 00 04/17/02 04/12/02 BOUGHT TIBCO SOFTWARE INC TIBX 3,800 9.71070 36,915.66 EXECUTION BY TWPT VS 3800 04-12-02 04/18/02 04/15/02 SOLD CONTINENTAL AIRLINES INC-CL B CAL -2,600 28.88130 EXECUTION BY SBSH VS 1500 04-12-02, 1100 03-28-0 2 COMMISSION SEC FEE 04/18/02 04/15/02 SOLD FOOT LOCKER INC Zz -700 16.15030 11,247.86 EXECUTION BY BUCK VS 350 01-15-02, 350 10-05-01 COMMISSION 42,00 SEC FEE 35 Oar Fie2" Oa B02 BOUGHT 3701176 3336402" 7489275 SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 1000 04-15-02 CLA EXECUTION BY MONT VS 1700 11-20-01, 600 11-16-01 SEC FEE 50 sures" paneee sou ~~“ one ne ee EXECUTION BY VKCO VS 4900 04-16-02 COMMISSION 343,00 027 04/27102;13:44 001 vss7 EFTA00198498

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 18 of 25 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 04/19/02 04/16/02 BOUGHT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE FEDEX CORP FDX 2,600 54.96750 EXECUTION BY FBCO VS 2600 04-16-02 COMMISSION 182,00 04/19/02 04/16/02 SOLD FOOT LOCKER INC EXECUTION BY BUCK VS 900 10-05-01 COMMISSION 54,00 SEC FEE 43 04/19/02 04/16/02 BOUGHT IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY COWN VS 3500 04-16-02 04/19/02 04/16/02 BOUGHT I-MANY INC IMNY 3,500 5.05000 EXECUTION BY RSSF VS 3500 04-16-02 COMMISSION 175,00 04/19/02 04/16/02 BOUGHT JC PENNEY CO INC SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 2000 04-16-02 15.7840 7499336 3778486 COMMISSION 120,00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 account sumccr rwraver maccn LAST STATEMENT March 28, 2002 DEBIT AMOUNT 143,112.50 CREDIT AMOUNT (443773 52,491.55 17,865.00 43,704.60 EXECUTION BY TWPT VS 1000 04-16-02 EXECUTION BY RHCO VS 4900 12-29-99, 350 12-20-99 COMMISSION 367,50 SEC FEE EXECUTION BY RSSF VS 1500 04-16-02 027 04/27102;13:44 001 vss7 EFTA00198499

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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 Brooklyn, New York 11201-3859 STEARNS New York New York 10179 fl Le INSTITUTIONAL INTERESTS 19 of 25 STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/22/02 04/17/02 SOLD IONA TECHNOLOGIES PLC IONA -2,600 13.27700 34,426.16 SPONSORED ADR EXECUTION BY INET VS 1200 01-24-02, 1400 01-23-0 2 COMMISSION 78,00 SEC FEE 1,04 EXECUTION BY BUCK VS 2100 04-17-02 COMMISSION EXECUTION BY MLCO VS 6200 04-17-02 COMMISSION NEW EXECUTION BY JPHO VS 4000 04-18-02 EXECUTION BY SBSH VS 2600 04-18-02 EXECUTION BY SBSH AS OF 04/17) EXECUTION BY RSSF VS 3900 04-18-02 COMMISSION SEE NOTE "S* ON BACK EXECUTION BY FCAP VS 700 04-16-02 COMMISSION 49,00 SEC FEE 46 027 04/27102;13:44 001 vss7 EFTA00198500

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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 20 of 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/23/02 04/18/02 SOLD SYMBOL TECHNOLOGIES INC SBL -2,500 10.99990 27,308.92 EXECUTION BY FLCR VS 450 07-12-01, 2050 07-30-01 COMMISSION 175,00 SEC FEE GaBaOS" Oa SOS SOLE FOOT LOCKER INC EXECUTION BY BUCK VS 950 10-05-01, 250 01-30-02 COMMISSION 72,00 SEC FEE 59 04/24/02 04/19/02 SOLD JC PENNEY CO INC JCP -1,800 20.90240 SEE NOTE "S*' ON BACK EXECUTION BY BUCK VS 1300 04-16-02, 500 04-15-02 COMMISSION 108,00 SEC FEE 114 37,500-18 EXECUTION BY SBSH VS 2400 07-30-01, 1100 10-04-0 1, 2500 03-21-02, 100 10-03-01 COMMISSION 366,00 SEC FEE 1,77 o4/25)02" Oaie2i02 BURLINGTON NORTHERN SANTA FE BNI -3,400 28.29210 95,937.24 CORP SEE NOTE "S* ON BACK EXECUTION BY UBSW VS 700 03-06-02, 1000 03-12-02 , 1700 03-26-02 COMMISSION 238,00 B66 34°61326 9334882 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY UBSW VS 2700 02-28-02 COMMISSION 189,00 SEC FEE 2.82 027 04/27102;13:44 001 vss7 EFTA00198501

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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 21 of 25 STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) ween Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — March 28, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 04/25/02 04/22/02 SOLD CISCO SYSTEMS INC csco -3,400 14.83150 50,240.58 EXECUTION BY FBCO VS 3400 03-28-02 COMMISSION 170,00 SEC FEE 1,52 O45" OaSBS SOLS NORFOLK SOUTHERN CORP NSE EXECUTION BY UBSW VS 1550 10-11-01, 150 10-24-01 COMMISSION 119,00 SEC FEE 1,18 SINCLAIR BROABCAST GROUP INC CLA EXECUTION BY SLKC VS 2400 01-08-02 COMMISSION 120,00 SEC FEE 91 12.53580 2995001 NEW EXECUTION BY RSSF EXECUTION BY MONT EXECUTION BY DRKW VS 4600 04-23-02 EXECUTION BY DRKW VS 1000 01-31-02 COMMISSION 70,00 SEC FEE 1,59 027 04/27102;13:44 001 vss7 EFTA00198502

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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 22 of 25 STATEMENT PERIOG March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT = March 28, 2002 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/26/02 04/23/02 BOUGHT TALBOTS INC TLB 4,600 32.89380 151,602.48 EXECUTION BY BUCK VS 4600 04-23-02 COMMISSION 276,00 TOTAL $-2,873,754.03 $2,680,526.61 MONEY FUND ACTIVITY OATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRICE CEBIT AMOUNT CAEDIT AMOUNT 03/29/02 OPENINGBALANCE 3,530,396.99 oajosi02” BOUGHT Bias Se Sch aan oa GTBKX 700-000 °°" "T6000 700:000 66 BUSES BSUS TSE TERSUBERS. EUR 8 DOMESTIC PRIME MUM SBD LI0 -0000 100,000.00 10 Donesnic PRIME MUM PORTFOLIO Bone eTiC PRE hand POMP LIO o4a/i8ios"" SOB THE TREASURERS” FUND INC GTB "$0,000" "76000 $0,000.00 Bowe STiC PRE han POMP LIO o4/23i02"" BOUGHT THE TREASURERS” FUND INC GION 360/660" 76d60 360:600'00"" DOMESTIC PRIME MIM PORTFOLIO DEND THE TREASURERS” FUND IN DOMESTIC PRIME MIM PORTFOLIO MONTHLY DIVIDEND O4/23162" DIVIDEND” THe TAPRSURERS CONG ING 5 Gib 837°95 MONTHLY DIVIDEND o4i2ai62 3778-40 027 04/27102;13:44 001 vss7 EFTA00198503

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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 23 of 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer NUMER MONEY FUND ACTIVITY (continued) LAST STATEMENT = March 28, 2002 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 04/23/02 REINVEST AHR EE RASHAEBS AYNQING 0 GTDXX 3,778.40 3,778.40 MONTHLY DIVIDEND REINVESTED O4/2305" REINVEST THe TREASURERS FUNDING 3 GID 827'95 MONTHLY DIVIDEND REINVESTED tb} THE TREASURERS FUR DOMESTIC PRIME WWM PORTFOLIO 04/26/02 CLOSINGBALANCE 3,535,003.34 TOTAL $-1,104,606.35 $1,104,.606.35 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CAEDIT AMOUNT 04/01/02 BURLINGTON NORTHERN SANTA FE BNI 1,700 0.1200 204.00 CORP REC 03/11/02 PAY 04/01 nano 1111 NONOEONOENANONOONONS 111 uaeuONOEnENOHOEONOG {111 euenenaeneneeasy na 1111 SONOHOENONOENONONOONG | 11 eHONOERONONOENONOENON 1111 eunaenENONOEEONOEE "EASTMAN CHEMICAL CO. ENN 2200 0.4400 ‘968.00 REC 03/15/02 PAY 04/01 7,800.50 REC 03/11/02 PAY 04/05/02 04/15/02 BOISE CASCADE CORP ace 3600 0.1500 540.00 REC 04/01/02 PAY 04/15/02 TOTAL $4,617.50 027 04/27102;13:44 001 VS67 EFTA00198504

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York, New York 10179 | INSTITUTIONAL INTERESTS 24 of 25 STATEMENT PERIOD March 29, 2002 THROUGH April 26, 2002 Transaction Detail (continued) account numccr = Taxpayer nuwecr INTEREST LAST STATEMENT March 28, 2002 DATE DESCRIPTION SYMBOUIOUSIF QUANTITY RATE [5d DEBIT AMOUNT CAEDIT AMOUNT 04/22/02 INT CR | | APR 02 1,047.18 TOTAL $1,047.18 MISCELLANEOUS DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL CLA CHG 00 TOTAL $-35.00 $35.00 Trades Executed Pending Settlement SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/24/02 BOUGHT CALPINE CORP CPN 14,500.00 12.1346 176,981.70 SOLD CELESTICA INC CLS SUBORD VTG SHS 29.1314 61,012.09 LTD NEW 04/30/02 04/25/02 BOUGHT CALPINE CORP CPN 027 04/27102;13:44 001 VS67 EFTA00198505

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 25 of 25 Trades Executed Pending Settlement (continued) SETTLEMENT TRADE DATE OaTE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE 04/30/02 04/25/02 BOUGHT I-MANY INC IMNY 1,600.00 NEW 05/01/02 04/26/02 ALLERGAN INC AGN -1,750.00 TOTAL The above trades Go not appear in any other section of this stalement (stop) ****** End of Statement™***** V7 o27 04/27/02;13:44 001 4.6000 261475, 65.4783 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 29, 2002 April 26, 2002 account sumccr Twpaver nuvecr THROUGH LAST STATEMENT March 28, 2002 DEBIT AMOUNT CREDIT AMOUNT 7,375.00 114,446.95 $287,063.70 $398,960.50 VSS7 EFTA00198506

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a What’s In This Statement Financial SUMMALY aes — S Your Portfolio Holdings . 4 Transaction Detail . 8 Fund Activity wees 1 24 Trades Not Yet Settled wuss: 26 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD =©13,520,120 NET CREDIT BALANCE 1,031,509 MONEY MARKET FUND BALANCE 3,530,397 ee ea ere SE NET EQUITY LAST STATEMENT 17,055,947 CHANGE SINCE LAST STATEMENT 1,026,079 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 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio $4,561,906 Cash & Equivalen ; ans coal Is | | Current market value ERB] Last statements market value This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account suvccr roraver maccn LAST STATEMENT February 22.2002 ‘Ths statemem should be retamed for your records See reverse side for important information. 027 vss55 EFTA00198507

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2 of 28 STATEMENT BACKER IS PRINTED ON THIS PAGE 03/2902;22:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198508

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of 26 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $707,761.76 Cash 705,457.53 1,028,273.38 Securities Sold 4,117,158.62 Margin 2,304.23 3,235.64 Money Fund 552,994.28 Net Cash Balance $707,761.76 — $1,031,509.02 Dividends/Interest 4,911.29 ssansnunsuasssnseseneenssssaneneeneneneneseeeeenis® . eee Amount Credited $4,675.004.19 Securities Bought -2,888,322.65 Income Summary Money Fund -1,462,934.28 a ssseesesesssonsissaeeeeennnnunnussussssssssauansneneneeeeeeeseeess ose Dividends 6,914.16 14,968.38 Hatin si tera seca Credit Balance Int. 931.41 3,235.64 Total $7,845.57 $18,204.02 Net Cash Activity 323,747.26 Foreign Tax Withheld 0.00 -81.03 Portfolio Composition Cash/Cash Equivalent 4,561,906 Equities 13,520,120 027 03/2902;22:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr rwraver maccn LAST STATEMENT February 22,2002 Your Portfolio Allocation Cash & Equivalent 26% Equities 74% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. V555 EFTA00198509

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 of 8 Your Portfolio Holdings CASH & CASH EQUIVALENTS NAARKET ESTIMATED © CURRENT DESCRIPTION SYMBOLICUSIP QUANTITY PRICE VALUE ANNUAL INCOME YELD [%) CASH BALANCE 1,031,509 THE TREASURERS FUND INC GTDXX 3,526,392.62 ° 1.0000 3,526,393 50,427 1.4300 DOMESTIC PRIME M/M PORTFOLIO THE TREASURERS FUND INC GTDXX 4,004.37 1.0000 4,004 57 1.4236 DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $4,561,906 $50,484 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOL/CUSIP TYPE QUANTITY PRE VALUE ANNUAL INCOME YELD [%) ABERCROMBIE & FITCH CO-CLA ANF CASH 3,200 30.8000 98,560 ACTY INC IATV CASH 17,300 1.5090 26,106 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 1,400 24.7700, 34,678 NEW ADELPHIA COMMUNICATIONS CORP ADLAC CASH 23,154 14.9000 344,995 BEVERLY ENTERPRISES ING NEW BEV CASH 44,800 7.2000 322,560 BOISE CASGADE CORP BCC CASH 2,500 36.2400 90.600 1,500 1.6556 CHILDRENS PLACE RETAIL STORES PLCE CASH 3,600 33.0000 118,800 INC 027 03/2902;22:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH ACCOUNT NUMBER March 28, 2002 rwraver maccn LAST STATEMENT vs55 February 22,2002 EFTA00198510

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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 28 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED CURRENT ACCT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} CENDANT CORP cD CASH 11,450 19.2000 219,840 COSTCO WHOLESALE CORP-NEW COST CASH 5,300 39.8200 211,046 CITIZENS COMMUNICATIONS CO CZN CASH 37,200 10.7500 399,900 KENNETH COLE PRODUCTIONS INC KCP CASH 5,900 20.0700 118.413 CLA CONTINENTAL AIRLINES INC-CL B CAL CASH 8,150 28.3200 230,808 COOPER INDUSTRIES INC CBE CASH 3,500 4 "9500 146,825 4,900 3.3373 2.5408 CUMMINS INC CUM CASH 2,500 47-2300 118,075 3000 EASTMAN CHEMICAL CO EMN CASH 2,200 48.7900 EMMIS COMMUNICATIONS CORP-CL A EMMS GASH 74.950 26.7400 399.763 ENZON INC EN2N CASH 6,750 44.2900 298,958 EXPEDITORS INTERNATIONAL OF EXPD CASH 3,000 61.0000 183,000 600 0.3279 WASHINGTON INC 027 03/2902;22:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr rwraver maccn LAST STATEMENT February 22,2002 vs55 EFTA00198511

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 6 of 28 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION IONA TECHNOLOGIES PLC NAARKET VALUE 211,625 ESTIMATED ANNUAL INCOME CURRENT ACCT YELD (%) SYMBOLICUSIP TPE IONA CASH QUANTITY 12,500 PRICE 16.9300 HCA INC HCA CASH 12,400 44.0800 546,592 HCA-HI 249,025 KOHLS CORP KSS CASH UBERTY MEDIA CORP L SER A NEW 520.768 MYKROLIS CORP MYK CASH MASCO CORP MAS NOVA CHEMICALS CORP NCX NORTHWEST AIRLINES CORP NORFOLK SOUTHERN CORP NSC POLO RALPH LAUREN CORP-CL A RL 8,907 1365" 0.6346 25.0100. 215.086 {9.0700 47.675 23.9400 q74A74 29.1800 259,906 25.8900 163,107 567 24.6000 OMNICARE INC OCR PACIFIC SUNWEAR OF CALIFORNIA INC PPG CASH 97,170 PSUN CASH 3,950 54.9100 PPG INDUSTRIES INC 1,500 82,365 2,520 3.0596 027 03/2902;22:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 March 28, 2002 account sumccr rwraver maccn February 22,2002 THROUGH LAST STATEMENT vs55 EFTA00198512

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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 28 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) SKECHEAS USA INC SKX CASH 9,000 18.9100 170,190 UP IN H {600 373,980 CLA SYMBOL TECHNOLOGIES INC SBL CASH 33,100 17.2400 372.044 662 0.1779 TEXTRON INC Txt CASH TIMBERLAND CO-CLA TBL TRIQUINT SEMICONDUCTOR INC TQNT CASH 8,500 12.0100 1 02.085 UNITED PARCEL SVC INC UPS CASH 4.150 60.8000 352.320 3.154 1.2500 cB UNITED RETAIL GROUP INC URGI CASH 16,700 6.9600 1 16.232 VITRIA TECHNOLOGY INC VITR CASH 15,650 3.9500 61 "gi8 CoM VISHAY INTERTECHNOLOGY INC VSH CASH 7,500 20.3400 152,550 YOUNG BROADCASTING INC-CL A YBTVA CASH 17,000 24.9900 424,830 Total Equities& Options $13,520,120 $48,844 TOTAL EQUITIES $13,520,120 $48,844 027 03/2902;22:30 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH ACCOUNT NUMBER March 28, 2002 rwraver maccn LAST STATEMENT vs55 February 22,2002 EFTA00198513

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 8 of 28 Your Portfolio Holdings (continued) YOUR TOTAL ESTIMATED ANNUAL INCOME CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 accoust numccr Taxpayer nuwecr LAST STATEMENT February 22,2002 $99,328 YOUR PRICED PORTFOLIOHOLDINGS Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 1900 02-20-02 COMMISSION 114,00 AS OF 02/20/02 02/25/02 02/20/02 BOUGHT OBS 02" OR7B0/02 EXECUTION BY BUCK VS 2500 11-20-01, 1100 11-14-0 1 COMMISSION 216,00 SEC FEE 1,74 AS OF 02/20/02 ORES ORTIZ SOLD BEA SYSTEMS ING” EXECUTION BY INET VS 1700 01-23-02, 900 11-09-01 COMMISSION 78,00 SEC FEE 60 YORK INTERNATIONAL CORP NEW $18,082,026 SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT TOM 1,900 11.52490 22,026.31 Tis 28334 “3,600 32°08786 2600 15.15900 39,3798 027 03/2902;22:30 001 V555 EFTA00198514

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 9 of 28 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 02/26/02 02/21/02 BOUGHT DESCRIPTION KENNETH COLE PRODUCTIONS INC LA EXECUTION BY BUCK VS 4200 02-21-02 COMMISSION 252,00 BBR WATE ROL WTEC SORBORRTIO, CEB scene (FRM INTERSIL HLG CORP CL-A) EXECUTION BY COWN VS 1700 01-16-02 SEC FEE SOLECTRON CORP EXECUTION BY MONT VS 4300 01-04-02, 2600 01-03-0 2, 1700 12-26-01 COMMISSION SEC FEE 1 Ossi" ORT SOLT 516,00 18 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 March 28, 2002 account sumccr rwraver maccn February 22,2002 THROUGH LAST STATEMENT DEBIT AMOUNT 78,602.04 SYMBOLCUSIP CREDIT AMOUNT KCP PRICE 18.65120 376830 NEW EXECUTION BY INET VS 2000 01-31-02 COMMISSION 60,00 SEC FEE 1,00 CAPSTONE TURBINE CORP EXECUTION BY SBSH VS 8600 01-08-02, 2200 01-10-0 2, 3800 01-24-02 SEC FEE iC COR 02/27/02" o2i27i02"" SEE NOTE "S* ON BACK EXECUTION BY DBAB VS 300 11-13-01, 600 11-16-01 63,00 49 COMMISSION SEC FEE 286070 "14,600 41,750.59 "36.05000 32,366.51 027 03/2902;22:30 001 vs55 EFTA00198515

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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 28 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/27/02 02/22/02 SOLD PRAXAIR INC PX -2,000 57.34320 114,529.67 SEE NOTE *S* ON BACK EXECUTION BY MLCO VS 2000 01-17-02 COMMISSION SEC FEE 02/27/02 02/22/02 SOLD SOLUTIA INC Sol -8,800 7.50730 EXECUTION BY MSCO VS 4000 01-09-02, 2100 01-07-0 2, 2700 01-04-02 COMMISSION 528,00 SEC FEE 1,00 EXECUTION BY SBSH VS 4550 12-26-01, 7000 12-21-0 1, 10600 12-21-01 COMMISSION 1,329.00 SEC FEE 2.85 VITESSE SEMICONDUCTOR CORP EXECUTION BY JPHO VS 1250 07-19-01, 1800 07-17-0 1, 1700 01-23-02, 2500 10-03-0 330 1 SEC FEE 81 TJX COMPANIES INC NEW TWX 1,500 34.33000 51,600.00 EXECUTION BY BUCK VS 1500 02-25-02 COMMISSION 90,00 INC EXECUTION BY JPHO VS 800 01-29-02 SEC FEE AM (02 BOUGHT COSTCO WHOLESALE CORP-NEW COST 1,100 43.81000 48,239.00 EXECUTION BY INET VS 1100 02-26-02 COMMISSION 33,00 Osa" OBIS) BUOTOS BBE sve ytenonnenonnesescenennenenonnnenesnenongep ona OSG TIES" OBE) 027 03/2902;22:30 001 vs55 EFTA00198516

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 11 of 26 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION 03/01/02 02/26/02 BOUGHT KENNETH COLE PRODUCTIONS INC CLA EXECUTION BY BUCK VS 1700 02-26-02 COMMISSION 102,00 BAUTIGE OSIRIS TERETE SERRE ee EXECUTION BY SIMM VS 7900 10-03-00 COMMISSION 553,00 SEC FEE 1,45 OsOTeR" “ORBE0S SOLE ia NCCE EXECUTION BY JPHO VS 800 12-18-01, 1200 11-07-01 COMMISSION SEC FEE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr rwraver maccn LAST STATEMENT February 22,2002 DEBIT AMOUNT CREDIT AMOUNT 31,893.57 $2,875.00 NEW EXECUTION BY INET VS 1500 02-27-02 SPONSORED ADR EXECUTION BY INET VS 2600 02-27-02 COMMISSION 78,00 (FRM HCA-HEALTHCARE COMPANY) EXECUTION BY INET VS 2600 10-24-01 COMMISSION 52,00 SEC FEE 1,61 EXECUTION BY COWN VS 4500 01-03-02 COMMISSION 315,00 SEC FEE 1,79 evenesscanenenenenenn ses sugupanennnans is anenaen 03/2902;22:30 001 1846596 vs55 EFTA00198517

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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 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/05/02 02/28/02 BOUGHT CSX CORP CSX 4,200 38.98850 164,060.70 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FCAP VS 4200 02-28-02 COMMISSION 294,00 03/05/02 02/28/02 SOLD DMC STRATEX NETWORKS INC STXN -2,000 4.61630 EXECUTION BY FBCO VS 1500 01-15-02, 500 06-28-01 SEC FEE 14 03/05/02 02/28/02 BOUGHT IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY SLKC VS 2500 02-28-02 9217-46 1438956 35/988:75" 34°02300 6265680" 03/05/02 02/28/02 BOUGHT NORFOLK SOUTHERN CORP EXECUTION BY FCAP VS 2600 02-28-02 COMMISSION 182,00 EXECUTION BY SLKC VS 5100 02-28-02 cLB EXECUTION BY FBCO VS 1550 02-28-02 COMMISSION NEW EXECUTION BY INET VS 700 02-01-02, 1200 02-07-02 COMMISSION 57,00 SEC FEE 1,09 EXECUTION BY RSSF VS 500 03-01-02 GHOSE ORO 027 03/2902;22:30 001 vs55 EFTA00198518

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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 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/06/02 03/01/02 BOUGHT ENZON INC ENZN 1,400 43.36670 60,728.38 EXECUTION BY MONT VS 1400 03-01-02 BVORIE OROTIOS BOOS RISE INE avennnenneanvsssannracneaanennnenussonogaparemneanne sv snnaaneannean agi qnnennenng ans ponetnnennennen iy argassepesnnene ses aanennnaaneaaneenns EXECUTION BY SBSH VS 4600 03-01-02 EXECUTION BY BUCK VS 300 01-04-02, 1500 01-03-02 COMMISSION 108,00 SEC FEE 1,10 OSI07I62" Osa" SOLE CHILBHENS BLAGE RETAIL” STORES INC EXECUTION BY JPHO VS 700 01-29-02, 500 01-03-02 SEC FEE 63 03/07/02 03/04/02 BOUGHT COOPER INDUSTRIES INC CBE 2,300 37.83720 87,201.56 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DRKW VS 2300 03-04-02 COMMISSION 161,00 4 34°62086 41,539 '33 CLA EXECUTION BY DRKW VS 3200 03-04-02 EXECUTION BY SBSH VS 6700 03-04-02 027 03/2902;22:30 001 vs55 EFTA00198519

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 389 Madison Avera STEARNS New York. New York 10179 Pe 14 of 8 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION 03/07/02 03/04/02 SOLD ROYAL CARIBBEAN CRUISES LTD SEE NOTE "S" ON BACK EXECUTION BY RSSF VS 2000 12-26-01, 2200 12-21-0 1 COMMISSION 294,00 SEC FEE 1,28 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr rwraver maccn LAST STATEMENT February 22,2002 QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT -4,200 20.24990 84,739.30 EXECUTION BY INET VS 1500 03-04-02 COMMISSION 45, cLB EXECUTION BY MSCO VS 2600 03-04-02 COMMISSION 182,00 cLB EXECUTION BY OPCO VS 400 10-17-01, 5100 01-19-01 COMMISSION 385,00 SEC FEE 3,11 O3/07/02 "03! YORK INTERNATIONAL CORP NEW EXECUTION BY DRKW VS 1250 11-14-01, 800 11-13-01 , 1600 10-23-01 COMMISSION 255,50 SEC FEE 1.95 NEW EXECUTION BY JPHO VS 1400 01-30-02, 100 01-29-02 SEC FEE "3,650 35.47910 "129,226.27 027 03/2902;22:30 001 vs55 EFTA00198520

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 15 of 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/08/02 03/05/02 BOUGHT BOISE CASCADE CORP BCC 1,800 37.37970 67,424.46 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE "S' ON BACK EXECUTION BY JPHO VS 1800 03-05-02 COMMISSION 126,00 EXECUTION BY MDLD VS 6400 03-05-02 COMMISSION EXECUTION BY INET VS 900 03-05-02 COMMISSION WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO VS 1200 03-05-02 COMMISSION 84,00 03/08/02 "62840 INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO VS 1800 03-05-02 COMMISSION 126,00 FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY DAIN VS 500 12-06-01 COMMISSION 35.00 SEC FEE 33 02 BOUGHT FLEXTRONICS INTERNATIONAL FLEX 4,160 1795336 7a62553~ uD EXECUTION BY TWPT VS 4100 03-05-02 03/08/02 03/05) "4294000 2419.67 OsiogiG2" 0305) 027 03/2902;22:30 001 vs55 EFTA00198521

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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 28 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/08/02 03/05/02 BOUGHT IONA TECHNOLOGIES PLC IONA 1,700 15.94000 27,113.00 SPONSORED ADR EXECUTION BY FLIT VS 1700 03-05-02 7678588 03/08/02 03/05/02 SOLD MASCO CORP MAS -2,700 28.51520 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FANA VS 1600 12-18-01, 1100 01-16-0 2 COMMISSION 189,00 EXECUTION BY FLIT VS 3000 04-18-01 SEC FEE EXECUTION BY TWPT VS 4100 03-05-02 EXECUTION BY FCAP VS 1500 02-25-02 COMMISSION 105,00 SEC FEE 03/08/02 03/0! 236 EXECUTION BY DAIN VS 900 01-16-02 COMMISSION SEC FEE EXECUTION BY COWN VS 2750 03-06-02 COMMISSION 192,50 65.19100 179/482-7585" 027 03/2902;22:30 001 vs55 EFTA00198522

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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 17 of 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 03/11/02 03/06/02 BOUGHT BURLINGTON NORTHERN SANTA FE BNI 1,700 31.06000 52,936.00 SEE NOTE "S’ ON BACK EXECUTION BY FBCO VS 1700 03-06-02 COMMISSION 119,00 03/11/02 03/06/02 JOUGHT CSX CORP CSK 300 40.16470 12,085.41 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO VS 300 03-06-02 COMMISSION 21 00 WASHINGTON INC EXECUTION BY FBCO VS 1500 03-06-02 LID EXECUTION BY TWPT EXECUTION BY BUCK VS 300 03-06-02 COMMISSION 18,00 MYKROLIS CORP EXECUTION BY MONT VS 4000 03-06-02 COMMISSION 280,00 NORFOLK SOUTHERN C: EXECUTION BY FBCO VS 2600 02-28-02, 2800 12-18-0 1, 1000 11-13-01, 650 10-11-01 COMMISSION 493,50 SEC FEE 2.77 EXECUTION BY TWPT VS 1600 03-06-02 T6800 {348060 BT 58s00" GPT OSG 027 03/2902;22:30 001 vs55 EFTA00198523

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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 28 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/11/02 03/06/02 BOUGHT SYMBOL TECHNOLOGIES INC SBL 3,400 10.89300 37,289.20 EXECUTION BY SBSH VS 3400 03-06-02 COMMISSION 238,00 03/11/02 03/06/02 SOLD VIACOM INC-CL B VIAB -3,000 1.04000 EXECUTION BY DAIN VS 800 11-07-01, 2200 10-03-01 COMMISSION SEC FEE 03/12/02 03/07/02 BOUGHT EXPEDITORS INTERNATIONAL OF WASHINGTON INC EXECUTION BY SLKC VS 1500 03-07-02 LIBERTY MEDIA COAP SER A NEW UNSOLICITED 03/12/02 03/07/02 SOLD PEREGRINE SYSTEMS INC PAGN -9,100 9.30310 EXECUTION BY SBSH VS 700 12-21-01, 1800 01-09-02 , 3000 01-03-02, 3600 01-24-02 SEC FEE 1,27 $2,892.76 $9.85130 8979735" 73.80600 47-758.00° OST" OSO7IOZ EXECUTION BY MDLD VS 6400 03-05-02 COMMISSION 448,00 SEC FEE 1,24 EXECUTION BY CANT VS 4400 03-08-02 COMMISSION EXECUTION BY BUCK VS 2100 12-31-01 COMMISSION 126,00 SEC FEE 56 027 03/2902;22:30 001 vs55 EFTA00198524

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BEAR STEARNS 19 of 26 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 03/13/02 03/08/02 SOLD Oss" OSORIO SOLE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 March 28, 2002 account sumccr rwraver maccn February 22,2002 THROUGH LAST STATEMENT DESCRIPTION REMEC INC EXECUTION BY VKCO VS 6500 04-18-01 SEC FEE SYMBOLICUSIP REMC QUANTITY -6,500 PRICE 9.66250 DEBIT AMOUNT CREDIT AMOUNT 62,790.30 95 37°72600 7i0/428'S3 ROYAL CARIBBEAN CRUISES LTD SEE NOTE "S’ ON BACK EXECUTION BY RYAN VS 500 12-21-01, 4100 12-20-01 , 500 12-18-01 COMMISSION SEC FEE NEW EXECUTION BY INET VS 800 01-03-02 COMMISSION 24,00 Os TS02 OSBiO2" BOUGHT 03/15/02 02 BOUGHT EXECUTION BY GSCO VS 200 01-16-02, 1200 02-04-02 , 1300 02-06-02, 600 12-05-01 COMMISSION 231,00 SEC FEE 171 “BURLINGTON NOATHEAN SANTA FE BNI 1,000 CORP SEE NOTE ‘S' ON BACK EXECUTION BY FBCO VS 1000 03-12-02 COMMISSION 3067676 30;767:70" 70,00 37°03606 35/989 30" BOISE CASCADE CORP WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE *S" ON BACK EXECUTION BY JPHO VS 700 03-12-02 COMMISSION 49, 027 03/2902;22:30 001 vs55 EFTA00198525

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BEAR STEARNS 20 of 28 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 03/15/02 03/12/02 BOUGHT Ossie" OS B02" BOUGHT DESCRIPTION CSX CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO VS 1000 03-12-02 COMMISSION 70,00 CUMMINS INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO VS 700 03-12-02 COMMISSION 49,00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 March 28, 2002 account sumccr rwraver maccn February 22,2002 THROUGH LAST STATEMENT DEBIT AMOUNT 39,017.00 SYMBOLCUSIP CREDIT AMOUNT CSX QUANTITY 1,000 PRICE 38.93200 4650180 1536" LID EXECUTION BY INET VS 1400 03-12-02 03/15/02 03/15/02 osiae” WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO VS 700 01-16-02, 1400 12-28-01 147,00 90 COMMISSION SEC FEE SANMINA-SCi CORP EXECUTION BY FBCO VS 1400 03-12-02 TALBOTS INC EXECUTION BY BUCK VS 1200 12-05-01 COMMISSION 72,00 SEC FEE 64 EXECUTION BY SBSH VS 3900 04-19-00, 1100 11-02-0 °o SEC FEE 19,087:00° 1,400 3.63000 “7,200 3.05790 4798184 6,734.89 “5,000 7735000 027 03/2902;22:30 001 vs55 EFTA00198526

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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 21 of 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/19/02 03/14/02 SOLD MASCO CORP MAS -1,500 27.80000 41,579.37 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RYAN VS 1500 12-28-01 COMMISSION 105,00 SEC FEE 63 NEW EXECUTION BY INET VS 1500 01-03-02 COMMISSION 45,00 EXECUTION BY RYAN VS 3700 12-31-01 COMMISSION 259,00 SEC FEE 93 EAGLE TEAS INC 236 ‘ 75, NEW EXECUTION BY JPHO VS 1200 01-29-02, 1500 02-01-0 2 SEC FEE 1,13 “T800 3478016 03/22/02 EXECUTION BY GSCO VS 1800 06-15-01 COMMISSION 126,00 SEC FEE 67 02 SOB AMERICAN EAGIE OUTFITTERS INC AES” “2500 3863936 NEW EXECUTION BY JPHO VS 500 02-01-02, 1500 02-27-02 500 02-04-02 SEC FEE 1,08 OSB" 03/30) Fi S827 027 03/2902;22:30 001 vs55 EFTA00198527

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BEAR STEARNS 22 of 26 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE 03/26/02 03/21/02 BABES OSET0SBOUSA Tn EBISON INTERNATIONAL 03/26/02 03/21/02 OR BEOR” OSSTO2 BOUGHT TRANSACTION DESCRIPTION SOLD ee EAGLE OUTFITTERS INC NEW EXECUTION BY JPHO VS 4000 02-04-02 SEC FEE 1,69 EXECUTION BY ADAM VS 3700 03-21-02 COMMISSION 259,00 FOOT LOCKER INC EXECUTION BY MLCO VS 200 12-31-01, 1400 10-11-01 COMMISSION 112,00 SEC FEE 40 FLEXTRONICS INTERNATIONAL ~ LTD EXECUTION BY SBSH VS 1700 03-21-02 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr rwraver maccn LAST STATEMENT February 22,2002 DEBIT AMOUNT CREDIT AMOUNT 112,278.51 a7" 36,494.36 38:30" EXECUTION BY OPCO VS 700 02-11-02 COMMISSION 49,00 EXECUTION BY SBSH VS 171 1 EXECUTION BY GKMC VS 2500 03-21-02 COMMISSION EXECUTION BY TWPT VS 1300 03-21-02 03/2902;22:30 001 vs55 EFTA00198528

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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 23 of 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/26/02 03/21/02 SOLD TALBOTS INC TLB -900 35.71830 32,076.98 EXECUTION BY BUCK VS 300 12-05-01, 600 12-04-01 COMMISSION 54,00 SEC FEE 49 NEW EXECUTION BY JPHO VS 1400 02-04-02, 1000 02-15-0 2, 200 02-08-02 SEC FEE 1,04 NEW EXECUTION BY INET VS 1000 03-22-02 COMMISSION 30, EXECUTION BY BUCK VS 500 12-04-01 COMMISSION 30,00 SEC FEE 27 TIMBERLAND Ci EXECUTION BY BUCK VS 800 03-22-02 COMMISSION 48,00 AMERICAN EAGLE OUTF NEW EXECUTION BY JPHO VS 1100 02-08-02, 800 02-07-02 , 2000 12-18-01, 600 12-14-01 SEC FEE 1,75 EXECUTION BY SBSH VS 2300 03-25-02 COMMISSION 161,00 03/28/02 AS INC 03/28/02 03/25) 027 03/2902;22:30 001 vs55 EFTA00198529

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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 24 of 28 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT — February 22, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 03/28/02 03/25/02 SOLD NORTHWEST AIRLINES CORP NWAC -2,500 18.24100 45,586.81 EXECUTION BY SLKC VS 2500 01-08-02 SEC FEE 69 OsiseiG2" O55" BOUGHT SANMINA-SCI CORB SANM 1,700 1736300 30;348:40" EXECUTION BY FBCO VS 1700 03-25-02 03/28/02 03/25/02 SOLD TALBOTS INC TLB -2,800 35.05930 EXECUTION BY BUCK VS 1200 12-04-01, 800 12-19-01 , 800 11-05-01 COMMISSION SEC FEE 03/28/02 03/25/02 SOLD TENET HEALTHCARE CORP THC -2,100 65.25760 136,876.90 EXECUTION BY MOKE VS 2100 12-29-99 COMMISSION 147,00 SEC FEE 2,06 TOTAL $-2,888.322.65 $4.117,158.62 97,387 56 MONEY FUND ACTIVITY MOrDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRIGE DEBIT AMOUNT CAEDIT AMOUNT 02/23/02 OPENINGBALANCE 2,617,462.71 Bone ie HH ai SB LI0 o2/28/02"” BOUGHT THE TREASURERS FUND INC 60,000" T6G00 66,000.00" DOMESTIC PRIME WWM PORTFOLIO O3i07i62"" SOB THE TREASURERS” FUND INC “260,000 °°" 770000 200,000:00 DOMESTIC PRIME M/M PORTFOLIO 027 03/2902;22:30 001 vs55 EFTA00198530

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BEAR STEARNS 25 of 26 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr rwraver maccn MONEY FUND ACTIVITY (continued) LAST STATEMENT — February 22,2002 OATE MO'DAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 03/07/02 SOLD AHR EE RASHAEBS AYNQING 0 GTDXX -200,000 1.0000 200,000.00 DOMESTIC PRIME WM PORTFOLIO THe TAFASURERS FUNDING 5 GION 360.660" 76060 306/600 '66 O3i2102"" BOUGHT THE TREASURERS” FUND INC Gib FO0-000""" "T5500 {60.000 00""" DOMESTIC PRIME MIM PORTFOLIO DEND The TA RSURERS CONG ING 5 fens) i 2343.14 MONTHLY DIVIDEND aie BER TR MONTHLY DIVIDEND nEnrEst Cod RES. WAN Bast Baia MONTHLY DIVIDEND REINVESTED GSTS RENNES BLS EHF EES YUNG. 10 OO e STE PHIbE ke BONO uI0 03/28/02 CLOSINGBALANCE 3,530,396.99 TOTAL $-1,462,934.28 $552,934.28 DIVIDENDS DATE CESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) CERT AMOUNT CREDIT AMOUNT 03/01/02 HCA INC HCA 15,000 0.0200 300.00 (FRM HCA-HEALTHCARE COMPANY) REC 02/01/02 PAY 03/01/02 027 03/2902;22:30 001 vs55 EFTA00198531

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 26 of 28 Transaction Detail (continued) DIVIDENDS | (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 account sumccr Twpaver nuvecr LAST STATEMENT February 22,2002 CREDIT AMOUNT 909.38 DATE ___DESCRIPTION, I SYMBOUCUSIP QUANTITY PATE (8) DEBIT AMOUNT ____ CREDIT AMOUNT. 03/08/02 HONEYWELL INTL INC HON 4,850 0.1875 REC 02/20/02 PAY 03/08/02 REC 02/19/02 PAY 03/11/02 OSTT0S" NORFOLK SOUTHERN CORE™ REC 02/01/02 PAY 03/11/02 14,100" "G.6600 1500 "4200 16.25 TOTAL $3,979.88 INTEREST DATE OESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) OEBIT AMOUNT CREDIT AMOUNT 03/21/02 INTCR I maa o2 931.41 TOTAL $931.41 Trades Executed Pending Settlement SETTLEMENT TRADE DATE OATE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/01/02 03/26/02 SOLD AMERICAN EAGLE OUTFITTERS ING AEOS “1,400.00 25.1290 35,165.07 NEW 027 03/2902;22:30 001 V555 EFTA00198532

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 27 of 26 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 Trades Executed Pending Settlement (continued) vsoaves hones i] LAST STATEMENT February 22,2002 SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/01/02 03/26/02 BOUGHT BURLINGTON NORTHEAN SANTA FE BNI 1,700.00 29.9888 51,114.96 CORP 04/01/02” "03/26/02 BOUGHT BOISE CASCADE CORP ace 7,100.00 35.4000 39,032.00 WITH RIGHTS TO PURCHASE COMMON 4joti02” “Os/26/02" SOLB ““GHILBAENS PLACE RETAIL STORES BLCE "3600.00 31-7800 {is 38738 INC 04/01/02 03/26/02 BOUGHT CSX CORP cSxK 1,000.00 37.1955 37,280.50 aly RIGHTS To PURCHASE PREFRD 04/01 02” 03/26/02 BOUGHT CONTINENTAL AIRLINES INC-CL B CAL 1,300.00 27.2705 35,544.65 04101102” 03/26/02 BOUGHT FLEXTRONICS INTERNATIONAL FLEX 1,400.00 17.7700 24,893.00 LTD 04/01/02 03/26/02 SOLD MASCO CORP MAS -1,000.00 27.2100 27,124.59 WITH RIGHTS TO PURCHASE PREFRD 04/01/02 03/26/02 SOLD NOVACHEMICALS CORP NCX -2,200.00 23.7204 52,015.09 04/01/02 03/26/02 BOUGHT SANMINA-SCI CORP SANM 1,400.00 11.9700 16,773.00 o4ioz02" 03/27/02 ell) “ADELPHIA COMMUNICATIONS CORP ADLAC -3,500.00 18.5000 64,734.02 CLA 04/02/02 03/27/02 SOLD EASTMAN CHEMICAL CO —EMN -1,100.00 48.9641 53,767.70 04/02/02 03/27/02 SOLD MASCO CORP MAS -1,000.00 27.2290 27,143.59 WITH RIGHTS TO PURCHASE PREFRD 04/02/02 03/27/02 SOLD TEXTRON INC TXT -1,400.00 50.3160 70,328.34 WITH RIGHTS TO PURCHASE PREFRD o4jaai02" “03/28/02 BOUGHT CELESTICR ING cis 3,000.60 36.5640 109/917.00 SUBORD VTG SHS o4ai03i02 “93/28/02 BOUGHT CISCO SYSTEMS INC csco 13,600.00 16.9674 230,771.64 04i03/02° . 03/28/02 BOUGHT CONTINENTAL AIRLINES INC-CL B CAL 1,200.00 28.3301 34, 095.12 04103102" 03/28/02” SOLD EASTMAN CHEMICAL CO ENN "1700.00 48.7825 53,567.94 027 03/2902;22:30 001 vs55 EFTA00198533

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Steams Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10179 fl | INSTITUTIONAL INTERESTS 28 28 STATEMENT PERIOD February 23,2002 THROUGH March 28, 2002 . ACCOUNT NUMBER FY Trades Executed Pending Settlement (continued) Taxpayer numer LAST STATEMENT February 22,2002 SETTLEMENT TRADE DATE OaTE TRANSACTION CESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 04/03/02 03/28/02 BOUGHT FLEXTRONICS INTERNATIONAL FLEX 1,000.00 18.5344 18,549.40 LTD TOTAL $616,268.27 $498,237.62 The above trades do not appear in any other section of this statement f/f STOP ****** End of Statement*™***** \/ yar 027 03/2902;22:30 001 V555 EFTA00198534

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 Pe What's In This Statement Financial SUMMALY aes S Your Portfolio Holdings . » 4 Transaction Detail 8 Fund Activity ....... 20 Trades Not Yet Settled wo ueeserneeres 22 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD §=©13,730,723 NET CREDIT BALANCE 707,762 MONEY MARKET FUND BALANCE 2,617,462 er mere a NET EQUITY LAST STATEMENT 18,159,806 CHANGE SINCE LAST STATEMENT -1,103,859 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 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS Vi 00802 Market Value of Your Portfolio $3,325,224 Cash & Equivalent A 3525.2 | | Current market value EB] Last statements market value This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account umccr rwraver maccn LAST STATEMENT January 25, 2002 ‘This statemem should be retained for your records. See reverse side for important information. 027 02/2302;11:32 001 vs2e7 EFTA00198535

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2 of 23 STATEMENT BACKER IS PRINTED ON THIS PAGE 02/2302;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198536

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STEARNS 3 of 23 Cash Flow Analysis Cash Balance Summary THIS PERIOD OPENING CLOSING OpeningBalance $1,114,248.23 Cash 1,112,885.98 705,457.53 Securities Sold 2.800,579.81 Margin 1,362.25 2,304.23 Money Fund 351,973.28 Net Cash Balance $1,114,248.23 $707,761.76 bividendesinterest 3421.96 crssetsentseetnnnnsisnssentneennennnennetee evetnerrisaneenensvee Amount Credited $2,945.674.86 Securities Bought -2,100,072.01 Income Summary Money Fund -1,251,973.29 re Miscellaneous 116.03 Dividends 4153.27 8,054.22 Amount Debited $-3,352,161.33 S00 saennaanenauenensenensess annaunnnensenenannane css aaaenanenenes anne ‘bunseccosesees 1101 sesessosseassccsooeen #1 seussonccsoscenssesees 10: Total “hesantetseseseesesennedD:095-25 veeeseee, 810,358.45 Net Cash Activity Foreign Tax Withheld -81.03 -81.03 Portfolio Composition Cash/Cash Equivalent 3,325,224 Equities 13,730,723 027 02/2302;11:32 001 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account wuuccr Taxpayer nuwecr LAST STATEMENT January 25, 2002 Your Portfolio Allocation Cash & Equivalent 20% 80% Unshaded portions denote debt balance andicr short market values, The allocation percentage is derived from the absohte market value of your portiatio. v827 EFTA00198537

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 4 of 23 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 2,614,149.48 1.0000 2,614,149 39,212 15000 THE TREASURERS FUND INC GTDXX 3,313.23 1.0000 3,313 50 61.5092 DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,325,224 $39,262 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYPE QUANTITY PRIEE VALUE ANNUAL INCOME YELD [%} ABERCROMBIE & FITCH CO-CLA ANE CASH 3,200 80,928 32,558 24.9000 440,730 ACTY INC IATV CASH 22,300 AMERICAN EAGLE OUTFITTERS INC AEOS GASH 17.700 NEW ANDRX GROUP ADAX CASH 3,900 34.9590 136.340 NEW ADELPHIA COMMUNICATIONS CORP ADLAC CASH 23,154 CLA AVNET INC AVT BEA SYSTEMS INC BEAS BEVERLY ENTERPRISES INC NEW BEV CASH 44,800 CHILDRENS PLACE RETAIL STORES PLCE CASH 5,600 32.3800 {81.328 INC CENDANT CORP cD 493.180 283,136 15.6800 179,536 027 02/2302;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 February 22, 2002 THROUGH ACCOUNT NUMBER rwraver maccn LAST STATEMENT vs27 January 25, 2002 EFTA00198538

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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 23 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT DESCRIPTION SYMBOLICUSIP TPE COSTCO WHOLESALE CORP-NEW cost CASH CITIZENS COMMUNICATIONS CO C2N GASH CAPSTONE TURBINE CORP CPST CASH CANDIES INC CAND MRGN 346 NAARKET ESTIMATED CURRENT PRICE VALUE ANNUAL INCOME YELD (%) 45.2300 126,644 41,610 796 CONTINENTAL AIRLINES INC-CLB CAL CASH 5,850 30.9000 180.765 DMC STRATEX NETWORKS INC STXN EDISON INTERNATIONAL EIX CASH 72,227 164.369 FOX ENTERTAINMENT GROUP INC FOX CASH 11,400 20.6500 235,410 FEDERATED DEPARTMENT STORES FD CASH 4,400 38.3600 168.784 INC-DEL 3 (FRM HCA-HEALTHCARE COMPANY) 027 02/2302;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 February 22, 2002 THROUGH ACCOUNT NUMBER rwraver maccn LAST STATEMENT vs27 January 25, 2002 EFTA00198539

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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 23 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT NANRKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%} IMC GLOBAL INC IGL CASH 13.0300 1,376 0.6140 KOHLS CORP KSS CASH UBERTY MEDIA CORP L CASH SER A NEW LIZ CLAIBORNE INC MILLENNIUM CHEMICALS INC MCH CASH MAS CASH 12,900 26.3300 339,657 6,966 2.0509 97.012 4.266 4.3974 NOVA CHEMICALS CORP NOX CASH 8600. 20.4100 175.526 1353 07708 15.3000 76,500 22.0200 255,432 2784 NORTHWEST AIRLINES CORP NORFOLK SOUTHERN CORP: NSC PEREGRINE SYSTEMS INC PRGN CASH 9,100 6.5800 59.878 710899 REMEC ING REMC CASH ROYAL CARIBBEAN CRUISES LTD RCL SOLUTIA INC Sol SICOR INC SCRI SKECHEAS USA INC SKX CASH CLA 16.8000 388.920 {2.038 3.0952 5.8000 51.040 352 0.6897 15.9000 98,580 13.6000 122.400 027 02/2302;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 February 22,2002 THROUGH ACCOUNT NUMBER rwraver maccn LAST STATEMENT vs27 January 25, 2002 EFTA00198540

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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 23 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT NAARKET ESTIMATED CURRENT DESCRIPTION SYMBOLICUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YELD (%) STAGE STORES INC STGS CASH 13,600 26.9500 366,520 TALBOTS INC TB CASH TENET HEALTHCARE CORP THC TEXTRON INC TXT CASH 46.4000 64.960 1,820 2.8017 TIMBERLAND CO-CLA TL CASH 3100 34.7600 107.756 TOMMY HILFIGER COAP-ORD TOM CASH 43.800 12.5000 172,500 TRIQUINT SEMICONDUCTOR INC TONT Casi 8.500 9.3400 79.390 UNITED RETAIL GROUP INC URGI CASH 16,700 . 8.1200 135,604 UNIVERSAL HEALTH SERVICES INC UHS CASH 5,500 . 41.1300 226,215 cLB VITRIA TECHNOLOGY INC VITR CASH 15,650 4.3700 68,391 com VITESSE SEMICONDUCTOR CORP VTSS CASH 7,250 7.4200 53,795 VIACOM INC-CLB VIAB CASH 5,000 44.1500 220,750 VISHAY INTERTECHNOLOGY INC VSH CASH 7,500 17.5500 131,625 YOUNG BROADCASTING INC-CLA YBTVA CASH 17,000 24.7500 420,750 Total Equities& Options $13,730,723 $56,236 TOTAL EQUITIES $13,730,723 $56,236 027 02/2302;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH ACCOUNT NUMBER February 22,2002 rwraver maccn LAST STATEMENT vs27 January 25, 2002 EFTA00198541

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 8 of 23 Your Portfolio Holdings (continued) YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Transaction Detail INVESTMENT ACTIVITY SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION 01/28/02 01/23/02 BOUGHT AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 1000 01-23-02 EXECUTION BY INET VS 1700 01-23-02 COMMISSION 51,00 IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY FBCO VS 2700 01-23-02 AS OF 01/2302 OTBBIGR" “OTBSIS INC SEE NOTE "S* ON BACK EXECUTION BY FBCO VS 3200 01-23-02 COMMISSION 224,00 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 accoust numccr Taxpayer nuwecr LAST STATEMENT January 25, 2002 PRICE DEBIT AMOUNT CREDIT AMOUNT 27.86500 27,880.00 l(c: | aa $13) | ocr: rr RR 1; 21s CY 7 33°03750 5951635" 1238690 39/8768" 02/2302;11:32 001 v827 EFTA00198542

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/28/02 01/23/02 BOUGHT SKECHERS USA INC SKX 1,000 15.93380 16,008.80 LA EXECUTION BY BUCK VS 1000 01-23-02 COMMISSION 60,00 EXECUTION BY COWN VS 1700 01-23-02 OTeSie2" O40 BOUGHT CABSTONE TURBINE CORE CPST 3,800 430700 18667 60" EXECUTION BY SBSH VS 3800 01-24-02 OTeSie2" O42" BOUGHT “EASTMAN CHEMICAL CO) EMN 1,700 3862646 65:798 88 EXECUTION BY MSCO VS 1700 01-24-02 COMMISSION 119,00 Oi/29(02"O1/24/02 BOUGHT IONA TECHNOLOGIES PLC IONA 1,200 22.79460 27,368.52 SPONSORED ADR EXECUTION BY FBCO VS 1200 01-24-02 OT29I02" OT24i02"" BOUGHT ““BEREGRINE SYSTEMS INC PAGN 3°600 8.74290 31,485/44" EXECUTION BY COWN VS 3600 01-24-02 OT29I02" OT24i02"" BOUGHT PRAXAIR INC PX 700 53.02470 37,181.29 SEE NOTE "S* ON BACK EXECUTION BY MSCO VS 700 01-24-02 COMMISSION 49, OT29I02" OT 24i02""'SOLB ROSS STORES INC ROST 400 34.53670 13,799.47 EXECUTION BY MONT VS 400 01-08-02 SEC FEE OresiG2" O40 BOUGHT SKECHERS Usa inen SKX 7,800 15.88000 28°707:00~ CLA EXECUTION BY BUCK VS 1800 01-24-02 COMMISSION 108,00 027 02/2302;11:32 001 vs27 EFTA00198543

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/29/02 01/24/02 SOLD TOMMY HILFIGER CORP-ORD TOM -2,100 14.90840 31,166.17 EXECUTION BY BUCK VS 1600 11-13-01, 500 10-26-01 COMMISSION 126,00 SEC FEE AT EXECUTION BY SBSH VS 8500 01-24-02 OTS OTBS02 SOLE ADELPHIA COMMUNICATIONS CORP ABLAC ees) 37°03600 83,795.34 CLA EXECUTION BY SBSH VS 3100 01-16-02 SEC FEE 37;400'52 01/30/02 01/25/02 SOLD GEORGIA PACIFIC CORP GP -1,400 22.50000 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 500 01-08-02, 900 01-11-02 COMMISSION 84,00 EXECUTION BY BUCK VS 800 10-26-01, 1400 10-05-01 COMMISSION 132,00 SEC FEE 52 TEAS iN 34,185. NEW EXECUTION BY JPHO VS 1300 01-29-02 102° 0172802 BOUGHT CHILDRENS LAGE RETAIL STORES RICE 1,500 32°67000 49,020.66 EXECUTION BY JPHO VS 1500 01-29-02 02/01/02 01/29/02 BOUGHT FOOT LOCKER INC EXECUTION BY BUCK VS 1900 01-29-02 COMMISSION 114,00 3.63600 36037:46 027 02/2302;11:32 001 vs27 EFTA00198544

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 11 of 23 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 02/01/02 01/29/02 SOLD SYMBOLICUSIP FD DESCRIPTION FEDERATED DEPARTMENT STORES EXECUTION BY BUCK VS 700 12-10-01, 300 12-06-01 COMMISSION SEC FEE ORT" OT B8i02" SOLE PACIFIC” SUNWEAR OF CALIFOANIA INC EXECUTION BY RSSF VS 500 01-07-02 SEC FEE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 February 22,2002 account sumccr rwraver maccn January 25, 2002 THROUGH LAST STATEMENT GREDIT_ AMOUNT 40,731.48 QUANTITY -1,000 PRICE 40.80710 DEBIT AMOUNT 33°50000 EXECUTION BY JPHO VS 2900 11-07-01, 100 11-13-01 SEC FEE 1,34 NEW EXECUTION BY JPHO VS 2000 01-30-02 EXECUTION BY BUCK VS 1000 01-30-02 ADR NEW EXECUTION BY GSCO VS 1400 10-11-01 COMMISSION SEC FEE EXECUTION BY RHCO VS 400 01-10-02 COMMISSION SEC FEE 98,00 45 Osid4I02" OTS0/02 28,00 39 63.83050 2548881 027 02/2302;11:32 001 vs27 EFTA00198545

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT = TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/04/02 01/30/02 SOLD OM GROUP INC OMG -2,600 65.45460 169,982.40 SEE NOTE "S* ON BACK EXECUTION BY COWN VS 2600 01-17-02 COMMISSION SEC FEE 02/04/02 01/30/02 OUGHT POLO RALPH LAUREN CORP-CL A RL 1,900 26.89000 51,220.00 SEE NOTE "S’ ON BACK EXECUTION BY BUCK VS 1900 01-30-02 COMMISSION 114,00 INC EXECUTION BY RHCO VS 300 01-07-02, 700 01-02-02 35 SEC FEE EXECUTION BY BUCK VS 2900 01-30-02 EXECUTION BY MSCO VS 2900 01-30-02 COMMISSION 203,00 "65330 1193276 Osis 2" OTST NEW EXECUTION BY FBCO VS 2000 01-31-02 ASTMAN CHEMICAL CO EXECUTION BY BUCK VS 500 01-31-02 COMMISSION 30,00 EXECUTION BY COWN VS 1300 01-31-02 Osis i2" OTST srs enmnnsnnsnnen os nppeunncnnessannnnnnnnnyng enennengni is nennennenn spe peannn is enmnnnnnnet BOSS OTST: 027 02/2302;11:32 001 vs27 EFTA00198546

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/05/02 01/31/02 BOUGHT POLO RALPH LAUREN CORP-CL A RL 2,300 27.29270 62,926.21 SEE NOTE *S* ON BACK EXECUTION BY BUCK VS 2300 01-31-02 COMMISSION 138,00 EXECUTION BY BUCK VS 1500 01-31-02 COMMISSION 90.00 Osi0IE2" ORO BOUGHT AMERICAN EAGIE OUTFITTERS INC NEW EXECUTION BY RSSF VS 2000 02-01-02 Osi06iE2" ORT BOUGHT ANDAX GAGLB™ ABAK 760 $8.42500 4091250" NEW EXECUTION BY FBCO VS 700 02-01-02 Osi" ORTIZ "SOLE FEDERATED BEBARTMENT STORES #5 “1306 4077136 INC-DEL EXECUTION BY BUCK VS 1200 12-06-01 COMMISSION 72,00 sveanenenenenenenesssugapgeunnnn ss sannnennnnnngns i cenenenenagiaarnenentntnne ig eat 1506 FZ 4iE6 35:89706 57,805.00 48,8378 EXECUTION BY MLCO VS 6950 01-02-02, 1900 01-09-0 2 COMMISSION 531,00 SEC FEE 1,21 EXECUTION BY SBSH VS 4500 02-01-02 NEW EXECUTION BY JPHO VS 5900 02-04-02 AS OF 02/04/02 02/06/02 02/01/02 936 7102785 027 02/2302;11:32 001 vs27 EFTA00198547

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/07/02 02/04/02 SOLD JONES APPAREL GROUP INC JNY -1,500 32.41300 48,513.77 EXECUTION BY BUCK VS 1500 01-02-02 COMMISSION 90,00 SEC FEE 73 AS OF 02/04/02 Osi07I02" ORs" SOLD PACIFIC” SUNWEAR OF CALIFOANIA PSUN “7,800 32°34700 INC EXECUTION BY RSSF VS 1800 01-02-02 SEC FEE 61 AS OF 02/04/02 EXECUTION BY BUCK VS 1200 02-04-02 COMMISSION 72,00 EXECUTION BY SBSH VS 2800 11-13-01 SEC FEE 1,21 AS OF 02/04/02 02/08/02 O02/05/' AMERICAN STANDAAD COMPANIES ‘ASD “4,100 59.99600 245,677.91 INC-DEL EXECUTION BY UBSW VS 2700 11-14-01, 1400 11-20-0 1 COMMISSION 287,00 SEC FEE 3.69 62 BOUGHT SKECHERS USA INC CLA EXECUTION BY BUCK VS 700 02-05-02 COMMISSION 42 osiesiG2" ORI05) 1468500 1033650" 027 02/2302;11:32 001 vs27 EFTA00198548

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 02/11/02 02/06/02 SOLD FMC CORP NEW FMC -1,000 32.54970 32,474.21 SEE NOTE *S* ON BACK EXECUTION BY BUCK VS 800 01-03-02, 200 01-17-02 COMMISSION SEC FEE 02/11/02 02/06/02 SOLD JONES APPAREL GROUP INC JNY -1,300 31.62630 EXECUTION BY BUCK VS 1300 01-02-02 COMMISSION 78,00 SEC FEE 62 41,020.57 EXECUTION BY MLCO VS 1700 12-07-01, 800 12-18-01 COMMISSION 175,00 SEC FEE SEE NOTE "S' ON BACK EXECUTION BY SBSH VS 700 01-24-02, 700 01-16-02 COMMISSION SEC FEE co ROH -2,550 35.70000 90,840.13 EXECUTION BY MSCO VS 400 01-04-02, 2150 01-03-02 COMMISSION 178,50 SEC FEE 1,37 SKECHERS isa ine" SKK 2.700 “7374980 37,307 :46" CLA EXECUTION BY BUCK VS 2700 02-06-02 COMMISSION 162,00 02/11/02 02/06/02 BOUGHT TALBOTS INC TLB 1,300 34.11800 44,446.40 EXECUTION BY BUCK VS 1300 02-06-02 COMMISSION 78,00 o2Tti02"" ost iios" 027 02/2302;11:32 001 vs27 EFTA00198549

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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 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 02/11/02 02/06/02 SOLD TEXTRON INC TXT -900 43.89550 39,427.35 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 900 11-15-01 COMMISSION 63,00 SEC FEE 60 NEW EXECUTION BY JPHO VS 800 02-07-02 NEW EXECUTION BY SBSH VS 1200 02-07-02 SEE NOTE "S' ON BACK EXECUTION BY TWPT VS 1800 12-17-01, 900 12-11-01 COMMISSION 189,00 SEC FEE 1,66 02/12/02 02/07; IONA TECHNOLOGIE! SPONSORED ADR EXECUTION BY FBCO VS 1800 02-07-02 iC SUNWEAR OF CALIFOANIA 939. 02/12/02 02/0) INC EXECUTION BY RHCO VS 2000 02-07-02 02/12/02 02/07/02 SOLD ROSS STORES INC ROST -1,000 35.93570 EXECUTION BY MONT VS 1000 01-08-02 SEC FEE 54 35,820-16 4.08830 3396517 02/12/02 02/07/02 EXECUTION BY COWN VS 1700 02-07-02 027 02/2302;11:32 001 vs27 EFTA00198550

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BEAR STEARNS 17 of 23 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 02/12/02 02/07/02 SOLD Ossie" ORR BOUGHT Oss" ORR SOLT AMERICAN EAGLE OUTFITTERS INC DESCRIPTION TIMBERLAND CO-CLA EXECUTION BY FCAP VS 800 01-08-02, 500 01-11-02, 1300 01-10-02 COMMISSION SEC FEE NEW EXECUTION BY JPHO VS 1300 02-08-02 FMC CORP NEW SEE NOTE ‘S' ON BACK EXECUTION BY DRKW VS 500 01-17-02, 500 12-06-01, 1000 11-13-01 COMMISSION 140,00 SYMBOLICUSIP TBL AEOS CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account sumccr rwraver maccn LAST STATEMENT January 25, 2002 QUANTITY PRICE -2,600 32.39850 DEBIT AMOUNT CREDIT AMOUNT 84,037.83 34°34200 3752960" 02 SOB oss" Osi08) SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 1300 01-03-02 COMMISSION 78,00 SEC FEE 64 RAXAIR. | SEE NOTE "S* ON BACK EXECUTION BY DRKW VS 1000 01-16-02 COMMISSION 70,00 SEC FEE 84 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DRKW VS 1000 11-15-01 COMMISSION 70,00 SEC FEE 66 $5.92500 $5,839-16 “1,606 4368746 43,595.74 027 02/2302;11:32 001 vs27 EFTA00198551

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 18 of 23 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 02/14/02 02/11/02 SOLD DESCRIPTION SYMBOLCUSIP QUANTITY PRICE PRAXAIR INC PX -1,000 57.49240 SEE NOTE "S* ON BACK EXECUTION BY NEED VS 300 01-16-02, 700 01-18-02 COMMISSION SEC FEE QUIKSILVER INC EXECUTION BY BMUR VS 1600 02-11-02 COMMISSION 112,00 SKECHEAS USA INC CLA EXECUTION BY BUCK VS 2800 02-11-02 COMMISSION 168,00 ostai02 ORT {8.42480 Osit4i02" ORiT7 1435510 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 account sumccr rwraver maccn LAST STATEMENT January 25, 2002 DEBIT AMOUNT CREDIT AMOUNT 57,406.53 66a" 37728" UNSOLICITED AS OF 02/12/02 CLA EXECUTION BY BUCK VS 2800 02-13-02 EXECUTION BY RSSF VS 2800 01-04-02, 2600 11-13-0 1 SEC FEE 111 PEREGRINE SYSTEI EXECUTION BY SBSH VS 3300 11-07-01, 1300 11-12-0 1, 1300 11-13-01, 1100 12-21-0 1 SEC FEE AS OF 02/13/02 027 02/2302;11:32 001 vs27 EFTA00198552

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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 Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 Le INSTITUTIONAL INTERESTS 19 of 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT January 25, 2002 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDMT AMOUNT 02/19/02 02/13/02 SOLD TYCO INTERNATIONAL LTD TYC -5,000 29.63840 147,824.77 EXECUTION BY SBSH VS 2550 04-18-01, 2450 10-03-0 1 COMMISSION 350,00 SEC FEE 2.23 AS OF 02/13/02 EXECUTION BY BUCK VS 300 02-13-02 COMMISSION NEW EXECUTION BY JPHO VS 1000 01-23-02, 1200 01-14-0 2, 1400 01-11-02, 600 01-30-02 EXECUTION BY BUCK VS 1200 12-18-01 COMMISSION 72,00 SEC FEE 80 NEW EXECUTION BY RSSF CLA EXECUTION BY SBSH VS 5100 01-16-02 SEC FEE 1,47 UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT 027 02/2302;11:32 001 vs27 EFTA00198553

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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 20 of 23 INSTITUTIONAL INTERESTS STATEMENT PERIOO January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) a ACCOUNT NUMBER rwraver maccn INVESTMENT ACTIVITY (continued) LAST STATEMENT — January 25, SETTLEMENT = TRADE , 2002 DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/22/02 02/19/02 SOLD ANNTAYLOR STORES CORP ANN -1,300 40.80310 SEE NOTE "S’ ON BACK EXECUTION BY BUCK VS 1300 12-11-01 COMMISSION 78,00 SEC FEE .80 52,950.23 TOTAL $-2.100,072.01 $2,590,579.61 MONEY FUND ACTIVITY MOVDAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT OPENINGBALANCE 1,715,489.42 THE TREASURERS” FUND tb! DOMESTIC PRIME M/M PORTFOLIO PTT a eT a etc) cea: Sa. 1 Lea 1 Sea omeeneeRE To DOMESTIC PRIME M/M PORT! GtbY THE TREASURERS FUND DOMESTIC PRIME MM PORTFOLIO Donesnic PRIME MUM PORTFOLIO DOMESTIC PRIME tee PORTFOLIO Donesnic PRIME MUM PORTFOLIO 02/15/02 BOUGHT 0; 02! }00 100,000.01 HHO 0 GTDXX TS0000° -0000 150,000.00 Donesnic PRIME MUM BBA OLI0 MONTHLY DIVIDEND ponesnic PRIME MUM PORTFOLIO 027 02/2302;11:32 001 vs27 EFTA00198554

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North 383 Madison Avenue Brocklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 21 of 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MONEY FUND ACTIVITY (continued) LAST STATEMENT January 25, 2002 OATE MODAY TRANSACTION: DESCAIPTION SYMBOUCUSIP QUANTITY PRICE OEBIT AMOUNT CREDIT AMOUNT 02/21/02 REINVEST FH EE RASHAEBS AYNQING. Io GTDXX 1,251.74 1,251.74 MONTHLY DIVIDEND REINVESTED 62/21/02 REINVEST THe TREASURERS FUNDING 3 GiDKK 73155 MONTHLY DIVIDEND REINVESTED tb} THE TREASURERS FUR DOMESTIC PRIME WWM PORTFOLIO 02/22/02 CLOSINGBALANCE 2.617,462.71 TOTAL $-1,251,973.29 $351,973.29 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CAEDIT AMOUNT 02/01/02 TYCO INTERNATIONAL LTD Ty 11,300 0.0125 141.25 REC 01/02/02 PAY 02/01/02 02/ 7,498.50 REC 01/11/02 PAY 02/11 2 02/15/02 NOVACHEMICALS CORP NCX REC 01/31/02 PAY 02/15/02 FOREIGN TAX WITHHELD TOTAL $-81.03 $2,179.98 0.0628 540.23 81.03 INTEREST DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CERIT AMOUNT CAEDIT AMOUNT 02/21/02 INTCR [| FEB 02 941.98 TOTAL $941.98 027 02/2302;11:32 001 v827 EFTA00198555

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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 22 of 23 STATEMENT PERIOD January 26, 2002 THROUGH February 22,2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr MISCELLANEOUS LAST STATEMENT January 25, 2002 DATE MOVDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 02/01/02 JOURNAL 01/02 CLR CHG 35.00 TOTAL $-35.00 Trades Executed Pending Settlement SETTLEMENT — TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 02/25/02 02/20/02 BOUGHT TOMMY HILFIGER CORP-ORD TOM 1,900.00 11.5249 22,026.31 02125102 02/20/02 SOLD YORK INTERNATIONAL CORP NEW RK 600.00 32.0878 145,283.34 02/26/02 02/21/02 SOLD BEA SYSTEMS INC BEAS 600.00 15.1590 39,319.80 02/26/02 02/21/02 BOUGHT KENNETH COLE PRODUCTIONS INC KCP 4,200.00 18.6512 78,602.04 CLA SOLD INTERSIL CORPORATION CL A ISIL (FRM INTERSIL HLG CORP CL-A) ANDRX GROUP ADRX NEW 02/26/02 02/21 02/2602" 02/21 9.1083 66,058.20 SOLD SOLUTIA INC 0227102 02/22/02 SOLD SOLECTRON CORP SLR 8.5726 027 02/2302;11:32 001 v827 EFTA00198556

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 23 of 23 Trades Executed Pending Settlement (continued) SETTLEMENT TRADE DATE OaTE TRANSACTION 02/27/02 __ 02/22/02 __ SOLD TOTAL DESCRIPTION VITESSE SEMICONDUCTOR CORP The above trades do not appear in any other section of this statement (stor) , / **e*** End of Statement****** — SYMBOLICUSIP VTSS QUANTITY PRICE -7,250.00 7.3833 02/23/02;11:32 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 26, 2002 February 22,2002 account sumccr Twpaver nuvecr January 25, 2002 THROUGH LAST STATEMENT DEBIT AMOUNT CREDT AMOUNT 53,513.12 $100,628.35 $841 785.20 827 EFTA00198557

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a What's In This Statement Financial SUMMALY aes S Your Portfolio Holdings . ' 4 Transaction Detail 8 Fund Activity ....... 25 Trades Not Yet Settled wees 28 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD = 15,330,068 NET CREDIT BALANCE 1,114,248 MONEY MARKET FUND BALANCE 1,715,490 RTS ET TY NET EQUITY LAST STATEMENT 18,376,734 CHANGE SINCE LAST STATEMENT 216,928 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 [i 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Market Value of Your Portfolio 829,738 Cash & Equivalent me $4,076,376 $ | | Current market value ERB] Last statements market value This summary is for informational purposes only. It Is mot intended as a tax document CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 ‘Ths statemem should be retamed for your records See reverse side for important imformation. 027 01/26/02;10:42 001 vs20 EFTA00198558

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2 of 28 STATEMENT BACKER IS PRINTED ON THIS PAGE 01/26/02;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS EFTA00198559

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 3 of 26 Cash Flow Analysis Income Summary THIS PERIOD THIS PERIOD YEAR TO DATE OpeningBalance $914,140.42 Dividends 3,900.95 3,900.95 . Credit Balance Int. 1,362.25 1,362.25 Securities Sold 2,832,752.33 sess aunenenenenenenenenensessanenenenenenenenenenees Money Fund 2,503,253.70 TORN sncseeeesessernesnerneenese Po oO oD Funds Deposited 22,962.72 Dividends/Interest 3,892.25 Miscellaneous 5,880,995.94 Portfolio Composition Amount Credited Cash/Cash Equivalent 2,829,738 Equities 15,330,068 Securities Bought -4,063,544.45 Funds Withdrawn -45.925.44 Miscellaneous 5,881 025.54 Net Cash Activity 200,107.81 Closing Balance $1,114,248.23 Cash Balance Summary OPENING CLOSING Cash 914,140.42 1,112,885.98 Margin 0.00 1,362.25 Net Cash Balance $914,140.42 $1,114,248.23 027 01/26/02;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 accoust numccr Taxpayer nuwecr LAST STATEMENT December 31,2001 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. vs20 EFTA00198560

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 4 of 8 Your Portfolio Holdings CASH & CASH EQUIVALENTS ESTIMATED ANNUAL INCOME (CURRENT YELD (%) NAARKET VALUE 1,114,248 1712898 30,832 DESCRIPTION SYMBOLICUSIP QUANTITY PRICE CASH BALANCE THE TREASURERS FUND INC GTDXX 1,712,897.74 DOMESTIC PRIME M/M PORTFOLIO GTDXX 2,591.68 1.0000 2,592 47 = 1.8133 1.8000 1.0000 THE TREASURERS FUND INC DOMESTIC PRIME MiM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $30,879 $2,829,738 EQUITIES Equities & Options CURRENT YELD (%} ESTIMATED AcCT MARKET ANNUAL INCOME DESCRIPTION SYMBOUCUSIP TE QUANTITY PRIE VALUE ABERCROMBIE & FITCH CO-CLA ANF CASH 3,200 26.0000 83,200 ACTY INC IATV 22,300 35,011 AMERICAN EAGLE OUTFITTERS INC AEOS 6,600 28.0200 184,932 NEW ADELPHIA COMMUNICATIONS CORP ADLAC CASH 31,354 27. 1.5700 870,074 BEA SYSTEMSING BEAS CASH 11.400 20.2600 BEVERLY ENTERPRISES INC NEW BEV 44,800 CHILDRENS PLACE RETAIL STORES PLCE 4,100 32.0000 INC 306.880 027 01/26/02;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 January 25, 2002 account sumccr rwraver maccn December 31,2001 THROUGH LAST STATEMENT vs20 EFTA00198561

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 BEAR STEARNS 5 of 28 Your Portfolio Holdings (continued) Equities & Options (continued) NAARKET VALUE ESTIMATED ANNUAL INCOME CURRENT ACCT DESCRIPTION SYMBOLICUSIP TE YELD (%) CENDANT CORP cD COSTCO WHOLESALE CORP-NEW GOST GASH CITIZENS COMMUNICATIONS CO CZN CASH CAPSTONE TURBINE CORP CPST CASH CONTINENTAL AIRLINES INC-CL B CAL DMC STRATEX NETWORKS INC STXN EDISON INTERNATIONAL EIX CASH 15.5900 164.475 $2,272 30.2900 177,197 7.5800 101,951 (GEORGIA PACIFIC GROUP) (FRM INTERSIL HLG CORP CL-A} (FRM HCA-HEALTHCARE COMPANY) IMC GLOBAL INC IGL CASH 12.9000 180.600 1120" 0.6202 027 01/26/02;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 January 25, 2002 account sumccr rwraver maccn December 31,2001 THROUGH LAST STATEMENT vs20 EFTA00198562

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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 28 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT WAARKET ESTIMATED CURRENT DESCRIPTION ‘SYMBOU'CUSIP TYPE QUANTITY PRICE VALUE ANNUAL INCOME YIELD (%) IMPERIAL CHEMICAL INDS PLC Icl CASH 1,400 23.6300 33,082 2,061 6.2300 Al TIBERTY MEDIA GOAP L CASH 37,800 14.2500 538,650 MILLENNIUM CHEMICALS INC MCH CASH MASCO CORP MAS NOVA CHEMICALS CORP NCX CASH NAUTICA ENTERPRISES INC NAUT CASH NORTHWEST AIRLINES CORP NORFOLK SOUTHERN CORP NSC OM GROUP INC OMG 165,120 19.2000 13.8400 74,736 15.7900 78,950 22.1400 312174 3.384 1.0840 66.0000 171,600 1,352 0.7879 2.8857 2.2818 18.0200 ROYAL CARIBBEAN CRUISES LTD RCL CASH ROHM & HAAS CO ROH GASH 2.550 35.0600 89.403. 027 01/26/02;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 vs20 EFTA00198563

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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 26 Your Portfolio Holdings (continued) Equities & Options (continued) WAARKET ESTIMATED ACCT DESCRIPTION SYMBOLICUSIP TPE PRICE VALUE ANNUAL INCOME ROSS STORES INC ROST CASH 34.9700 ‘SOLUTIA ING Sol GASH STAGE STORES INC STGS CASH 13,600 25.3500 NEW SINCLAIR BROADCAST GROUP INC SBGI CASH 27,600 9.9500 274,620 ‘SYMBOL TECHNOLOGIES INC SBL CASH TYCO INTERNATIONAL LTD TY TALBOTS INC TLE CASH 8,900 37.4200 333,038 TENET HEALTHCARE CORP THC CASH 7,350 62.7700 461,360 TEXTRON INC TXT CASH 3,300 41.3800 136,554 TIMBERLAND CO-CL A TBL CASH 7'300 38.6500 282.145 TOMMY HILFIGER CORP-ORD TOM CASH 14,900 . 15.2000 226,480 VITRIA TECHNOLOGY INC VITR CASH 15,650 7.4500 116,593 COM VITESSE SEMICONDUCTOR CORP VTSS CASH 5,550 12.4700 69,209 027 01/26/02;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 vs20 EFTA00198564

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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 8 of 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 accoust numccr Taxpayer nuwecr LAST STATEMENT December 31,2001 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MAARKET ESTIMATED CURRENT DESCRIPTION SYMBOUCUSIP TYRE QUANTITY PRE VALUE ANNUAL INCOME YELD (%) YOUNG BROADCASTING INC-CLA YBTVA CASH 17,000 18.4050 312,885 Total Equities& Options $15,330,068 $62,046 TOTAL EQUITIES $15,330,068 $62,046 YOUR TOTAL ESTIMATED ANNUAL INCOME $92,925 YOUR PRICED PORTFOLIOHOLDINGS $18,159,806 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 01/03/02 12/28/01 SOLD ADELPHIA COMMUNICATIONS CORP ADLAC -5,600 30.45000 170,502.44 CLA EXECUTION BY MONT VS 5600 03-16-00 SEC FEE 2.56 BOUGHT MASES CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2900 12-28-01 COMMISSION 174,00 01/03/02 2300 3458480 FT 48a5o" 027 01/2602;10:42 001 vs20 EFTA00198565

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 389 Madison Avera STEARNS a" 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP 01/04/02 12/31/01 BOUGHT CHILDRENS PLACE RETAIL STORES PLCE EXECUTION BY JPHO VS 2100 12-31-01 FOOT LOCKER INC AS OF 12/31/01 oreaies TBS EXECUTION BY INET VS 1500 05-02-01, 3000 04-18-0 1, 3600 03-27-01 COMMISSION 243,00 SEC FEE 55 01/07/02 01/02/02 BOUGHT FMC TECHNOLOGIES INC SEE NOTE "S* ON BACK SPINOFF ON 2400 SHS FMC CORP NEW SPIN-OFF F/R FOO6362 REC 12/12/01 PAY 12/31/01 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 2,100 27.32350 57,394.35 1583890 95,453.40 ~ svpvnnnnnenn sega tne cenennnennnnessenysnnnnn st onnninnnnngn ts nnennnng sy unennnennnnneissinnnnnennnnes nnn EXECUTION BY BUCK VS 2800 01-02-02 COMMISSION 168,00 INC EXECUTION BY RSSF vs EXECUTION BY UBSW VS 6950 01-02-02 COMMISSION NEW EXECUTION BY INET VS 900 01-02-02 COMMISSION 27,00 01/26/02;10:42 001 vs20 EFTA00198566

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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 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/07/02 01/02/02 BOUGHT TIMBERLAND CO-CLA TBL 2,500 37.07050 92,841.25 EXECUTION BY BUCK VS 2500 01-02-02 COMMISSION 150,00 Ores" OSS BOUGHT AMERICAN EAGIE OUTFITTERS INC aEOS 1,300 3712256 3537435" NEW EXECUTION BY JPHO VS 1300 01-03-02 01/08/02 01/03/02 jOUGHT AVNET INC AVT 4,500 3662276 12013275" EXECUTION BY NEED VS 4500 01-03-02 COMMISSION 315,00 Ores" OTS BOUGHT “CHILDRENS BLAGE RETAIL” STORES BIGE 1,100 3842836 a1 sees" INC EXECUTION BY JPHO VS 1100 01-03-02 Ores" OSS BOUGHT FMC CORP NEW FMC 800 33'50006 BT T8706 SEE NOTE *S* ON BACK EXECUTION BY MSCO VS 800 01-03-02 COMMISSION UNSOLICITED OTORIOs OTGS02"" BOUGHT HONEVWELT INTC ING HON 3°850 3417460 OF 61217 SEE NOTE "S* ON BACK EXECUTION BY MIDR VS 2850 01-03-02 COMMISSION 199,50 EXECUTION BY SBSH VS 3000 01-03-02 OreIES" OTOSIOF jOUGHT ROHM & HAAS CO ROH 2,150 35.66380 76 842.67 EXECUTION BY GKMC VS 2150 01-03-02 COMMISSION 150,50 AS OF 01/03/02 027 01/26/02;10:42 001 vs20 EFTA00198567

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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 11 of 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/08/02 01/03/02 BOUGHT SIA STORES ING STGS 3,000 23.57930 70,752.90 NEW EXECUTION BY HRZG VS 3000 01-03-02 01/08/02 01/03/02 jOUGHT SOLECTRON CORP EXECUTION BY MSCO VS 2600 01-03-02 COMMISSION 182,00 01/08/02 01/03/02 jOUGHT TALBOTS INC TLB 1,500 37.60590 56,513.85 EXECUTION BY BUCK VS 1500 01-03-02 COMMISSION 90, TIMBERLAND CO-CLA TBL 1,900 37.91060 72,159.14 EXECUTION BY BUCK VS 1900 01-03-02 COMMISSION 114,00 VERITAS SOFTWARE CORP VATS -1,750 46.81830 EXECUTION BY FBCO VS 1000 11-20-01, 700 11-08-01 , 50 11-07-01 SEC FEE 1,23 1736346 arias aa" 87/S75.86 EXECUTION BY INET VS 550 11-07-01, 600 11-09-01, 650 11-12-01 COMMISSION 54,00 EXECUTION BY BUCK VS 900 01-04-02 CLA EXECUTION BY CEUT SEC FEE 51 AS OF 01/04/02 027 01/26/02;10:42 001 vs20 EFTA00198568

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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 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/09/02 01/04/02 BOUGHT NAUTICA ENTERPRISES INC NAUT 2,800 13.77880 38,595.64 EXECUTION BY MONT VS 2800 01-04-02 AS OF 01/04/02 OOS" “OTS BOUGHT EXECUTION BY SBSH VS 400 01-04-02 COMMISSION 28, OOS" “OTSA BOUGHT EXECUTION 8Y MSCO VS 2700 01-04-02 COMMISSION 162,00 Oriesie2" Oise BOUGHT SINCLAIR BROABCAST GROUP INC CLA EXECUTION 8Y SBSH VS 600 01-04-02 01/09/02 01/04/02 BOUGHT SOLECTRON CORP SLR 4,300 12.07130 52,222.59 EXECUTION BY MONT VS 4300 01-04-02 COMMISSION 301,00 01/09/02 01/04/02 BOUGHT TALBOTS INC TLB 300 39.15000 11,778.00 EXECUTION BY BUCK VS 300 01-04-02 COMMISSION 3669750 14,732.00" $669i6 3638357" $°99330 601038" EXECUTION BY SBSH VS 3500 01-04-02 OT TOI OTO7I02" BOUGHT AMERICAN EAGLE OUTFITTERS INC aEos 900 39'81600 26'844:00"" Ni EXECUTION BY JPHO VS 900 01-07-02 OT TOIOS OTO7I02 BOUGHT PACIFIC” SUNWEAR OF CALIFOANIA SUN 800 37740000 17,135.00" INC EXECUTION BY OPCO VS 800 01-07-02 027 01/26/02;10:42 001 vs20 EFTA00198569

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beas, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brooklyn, New York 11201-3859 STEARNS New York, New York 10179 | | INSTITUTIONAL INTERESTS 13 of 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) ween Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/10/02 01/07/02 BOUGHT SOLUTIA INC Sol 2,100 10.60000 22,422.00 EXECUTION BY MLCO VS 2100 01-07-02 COMMISSION 147,00 OTT" OTS BOUGHT ADELPHIA BUSINESS SOLUTIONS INC CLA SPINOFF ON 23054 SHS ADELPHIA COMMUNICATIONS CORP SPINOFF FROM SEC # A059849 REC 01/08/02 PAY 01/11/02 INC CLA EXECUTION BY INET VS 1227 04-07-98, 950 09-28-00 , 1000 09-29-00, 3250 11-16-01 , 2300 11-20-01, 2800 11-27-01 COMMISSION 345,81 CAPSTONE TURBINE CO! EXECUTION BY SBSH VS 8600 01-08-02 816 49,534. WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2000 11-15-01, 1950 11-13-0 1 COMMISSION 237,00 357i Ti1O795. EXECUTION BY INET VS 4400 01-08-02 COMMISSION 132,00 35.6753 56,632.66" GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2200 01-08-02 COMMISSION 132,00 OTT TOS OTaIOs BOUGHT 027 01/26/02;10:42 001 vs20 EFTA00198570

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BEAR STEARNS 14 of 8 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE 01/11/02 = 01/08/02 TRANSACTION BOUGHT DESCRIPTION NORTHWEST AIRLINES CORP EXECUTION BY FBCO VS 5000 01-08-02 SYMBOLICUSIP NWAC QUANTITY 5,000 17.88330 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 PRICE DEBIT AMOUNT 89,431.50 CREDIT AMOUNT BUTTE STORIE OSES TOES Ie rae emennes es anennnnnnsa nnennengna a nennennnney pcan nnn is nennennnnt Too" OTGeiOF OTT TOs OTs OT Tio2OTioRio2 SOLE OTT TOS OTaIOs BOUGHT EXECUTION BY MONT VS 2800 01-08-02 CLA EXECUTION BY DBAB VS 9000 01-08-02 EXECUTION BY BUCK VS 2300 01-08-02 COMMISSION 138,00 BOUGHT TIMBERLAND CO-CLA EXECUTION BY BUCK VS 800 01-08-02 COMMISSION 48,00 VITRIA TECHNOLOGY INC COM EXECUTION BY FBCO VS 4500 01-17-01 SEC FEE 48 WiCCAMETTE INDUSTRIES INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MIDR VS 2900 01-08-02 COMMISSION 203,00 GS BACAOCASTING INES EXECUTION BY REDI VS 1600 01-08-02 COMMISSION 32, 00 “BOUGHT "TTX COMPANIES INC NEW Sggg cg ggg ny -4,500 40.3870 39.8812 31,967'36" 7.10720 45.15710 {3Tis6719~ TT EERERIRUR Tc 72 EERO sas 0" 37,966.92 01/26/02;10:42 001 vs20 EFTA00198571

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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 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/14/02 01/08/02 CANCEL SELL ADELPHIA BUSINESS SOLUTIONS ABIZ 11,527 0.26980 2,749.12 LA EXECUTION BY INET VS 1227 04-07-98, 950 09-28-00 , 1000 09-29-00, 3250 11-16-01 , 2300 11-20-01, 2800 11-27-01 TO CXL PREVIOUS SELL INC CLA EXECUTION BY INET VS 1183 04-07-98, 950 09-28-00 , 1000 09-29-00, 3250 11-16-01 , 2300 11-20-01, 2800 11-27-01 66,133.7:! GEORGIA WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2500 01-09-02 COMMISSION 150,00 EXECUTION BY BUCK VS 600 11-30-01, 1100 12-03-01 , 100 11-06-01 COMMISSION 108,00 SEC FEE 1,90 Oras" OTS BOUGHT BEREGRINE SYSTEMS ING” EXECUTION BY MONT VS 1800 01-09-02 SOLUTIA INC Sol 5,900 10.64200 63,156.80 EXECUTION BY BUCK VS 5900 01-09-02 COMMISSION 354,00 “1806 7637016 736 36138 oriaie2""S 16.13666 18/23/00 OTe" OT T08) 027 01/26/02;10:42 001 vs20 EFTA00198572

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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 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT = TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/14/02 01/09/02 SOLD wala TECHNOLOGY INC VITR -1,700 8.12000 13,703.79 EXECUTION BY HRZG VS 1200 01-17-01, 500 02-23-01 COMMISSION SEC FEE 01/14/02 01/09/02 JOUGHT VISHAY INTERTECHNOLOGY INC VSH 1,600 21.34810 34,283.96 SEE NOTE "S’ ON BACK EXECUTION BY COWN VS 1600 01-09-02 COMMISSION 112,00 NEW EXECUTION BY RSSF VS 900 01-07-02, 1300 01-03-02 , 600 12-20-01, 1800 12-11-01. 1100 12-19-01, 200 12-18-01 SEC FEE 2.38 EXECUTION BY SBSH VS 2200 01-10-02 EASTMAN CHEMICAL CO EXECUTION BY MSCO VS 1500 12-07-01 COMMISSION 105,00 SEC FEE a7 12;082.00""" OT TSI02 OT TSS OTIS 1282516 SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 3400 11-16-01, 400 10-05-01 COMMISSION 228,00 SEC FEE 74 OTTER OTIS BOUGHT EXECUTION BY BUCK VS 500 01-10-02 68.95000 34,520.00" COMMISSION 30,00 027 01/26/02;10:42 001 vs20 EFTA00198573

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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 17 of 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/15/02 01/10/02 BOUGHT TJX COMPANIES INC NEW TWX 300 39.98000 12,027.00 EXECUTION BY BUCK VS 300 01-10-02 COMMISSION 18,00 01/15/02 01/10/02 BOUGHT MBERLAND CO-CTR" TBL 1,600 39-7056 62,695.16 EXEOUTION BY MLCO VS 1600 01-10-02 COMMISSION 112,00 OTE OTT TOS BOUGHT AMERICAN EAGIE OUTFITTERS INC aEOS 1,400 3710906 3796760" NEW EXECUTION BY JPHO 8 1400 01-11-02 OTE OTT TOS SOLE FEDERATED BEBARTMENT STORES #5 360" FBT6000 8,392.87 INC-DEL EXECUTION BY BUCK VS 200 12-10-01 COMMISSION 12,00 SEC FEE 13 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO VS 900 01-11-02 COMMISSION 63,00 INC SEE NOTE "S" ON BACK EXECUTION BY MLCO VS 2500 10-05-01 COMMISSION 175,00 SEC FEE 49 02 SOLD ROSS STORES INC EXECUTION BY SBSH VS 400 01-08-02 SEC FEE 20 OT TéG2 "3.73330 1s O7812 OTIS OTT 027 01/26/02;10:42 001 vs20 EFTA00198574

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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 Brooklyn, New York 11201-3859 STEARNS New York New York 10179 fl Le INSTITUTIONAL INTERESTS 18 of 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) account numccr = Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREDIT AMOUNT 01/16/02 01/11/02 SOLD TJX COMPANIES INC NEW TWX -300 39.43100 11,796.12 EXECUTION BY BUCK VS 300 01-08-02 COMMISSION 18,00 SEC FEE 18 EXECUTION BY BUCK VS 500 01-11-02 sv sumannnnsnsnnsessanenenennnn sn sanennnnennnng is cennnena ng gonannentnnnnn aac 500 COMMISSION 30,00 NEW EXECUTION BY JPHO VS 1200 01-14-02 CLA EXECUTION BY JPHO VS 1700 11-27-01 SEC FEE INC EXECUTION BY JPHO VS 900 01-14-02 EXECUTION BY MSCO VS 1000 12-07-01 COMMISSION 70,00 EXECUTION BY OPCO vs EXECUTION BY COWN VS 700 01-15-02 027 01/26/02;10:42 001 vs20 EFTA00198575

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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 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/18/02 01/15/02 BOUGHT FOOTSTAR INC FITS 3,900 24.04600 94,028.40 EXECUTION BY BUCK VS 3900 01-15-02 COMMISSION 234,00 18/02 01/15/02 BOUGHT FOOT LOCKER INC EXECUTION BY BUCK VS 2600 01-15-02 COMMISSION 156,00 18/02 01/15/02 SOLD TYCO INTERNATIONAL LTD TYC -1,400 49.18350 68,812.86 EXECUTION BY INET VS 800 03-09-01, 600 04-18-01 COMMISSION 28,00 SEC FEE 1,04 VISHAY INTERTECHNOLOGY INC VSH -1,300 19.35000 25,048.62 SEE NOTE *S" ON BACK EXECUTION BY FBCO VS 1300 01-09-02 COMMISSION 91,00 SEC FEE 38 15.03686 39:266 68" OTE OTT S0F CLA EXECUTION BY SBSH EXECUTION BY COWN vs SEE NOTE *S" ON BACK EXECUTION BY BUCK VS 860 12-06-01, 2235 11-13-01 , 1032 11-16-01 COMMISSION 247,62 SEC FEE 93 027 01/26/02;10:42 001 vs20 EFTA00198576

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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 20 of 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/22/02 01/16/02 BOUGHT HONEYWELL INTL INC HON 1,300 29.40000 38,326.00 SEE NOTE *S* ON BACK EXECUTION BY DBAB VS 1300 01-16-02 COMMISSION 91,00 (FRM INTERSIL HLG CORP CL-A) EXECUTION BY COWN VS 3400 01-16-02 01/22/02 01/16/02 SOLD HARRAHS ENTERTAINMENT INC HET -1,600 40.96420 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DRKW VS 1600 11-13-01 COMMISSION 112,00 SEC FEE 99 OTe 6541473 ADA NEW EXECUTION BY BUCK VS 500 10-11-01 COMMISSION 30,00 SEC FEE 18 MGM MIRAGE MGG -1,950 29.03960 56,474.87 EXECUTION BY DRKW VS 1950 11-13-01 COMMISSION 136,50 SEC FEE 85 MANDALAY RESORT GROUP MBG -1,950 23.70520 46,072.94 EXECUTION BY DRKW VS 1950 11-13-01 COMMISSION 136,50 SEC FEE 70 01/22/02 01/16/02 BOUGHT MASCO CORP MAS 1,800 24.64720 44,487.96 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 1800 01-16-02 COMMISSION 108,00 ot/2zi02 or23j02"" 027 01/26/02;10:42 001 vs20 EFTA00198577

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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 21 of 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | Taxpayer nuwecr INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT GREOIT AMOUNT 01/22/02 01/16/02 BOUGHT PRAXAIR INC PX 2,000 50.44130 101,037.60 SEE NOTE *S* ON BACK EXECUTION BY MDLD VS 2000 01-16-02 COMMISSION 140,00 OTS SOLS TIX COMPANIES INE NEW EXECUTION BY BUCK VS 800 01-08-02 COMMISSION 48,00 SEC FEE 47 OTe" “OTTO BOUGHT EXECUTION BY BUCK VS 1100 01-16-02 COMMISSION 01/22/02 01/16/02 SOLD TEXTRON INC TXT -1,100 39.79140 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 1100 11-15-01 COMMISSION 77,00 SEC FEE BEVERLY ENTERPRI EXECUTION BY OPCO VS 5000 04-30-01 COMMISSION 300,00 SEC FEE SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 700 01-17-02 COMMISSION 42,00 SEE NOTE "S* ON BACK EXECUTION BY MLCO VS 2000 01-17-02 COMMISSION 140,00 66430 35.62837 ass a7214" OT/23I02 INC NEW 31-74240 2237668" OTROS OTT; 5827606 027 01/26/02;10:42 001 vs20 EFTA00198578

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BEAR STEARNS 22 of 26 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 01/23/02 01/17/02 SOLD OTasI02" OTTO BOUGHT OR OTTO ORS" OTTO BOUGHT DESCRIPTION SYMBOLICUSIP QUANTITY IMPERIAL CHEMICAL INDS PLC Ici -600 ADR NEW EXECUTION BY BUCK VS 600 10-11-01 COMMISSION SEC FEE OANE INC : iz STK SPLIT ON 3700 SHS REC 12/31/01 PAY O OMNICARE INC ocr -5,000 EXECUTION BY DAIN VS 4450 05-31-01, 550 06-15-01 COMMISSION 350,00 SEC FEE SEE NOTE "S" ON BACK EXECUTION BY FBCO VS 2000 01-17-02 COMMISSION PRICE 23.27160 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 DEBIT AMOUNT CREDIT AMOUNT 13,911.75 33°75646 4867326 TF 41s 39 501.40 OT2aI02 OTT; EXECUTION BY MLCO VS 1600 11-20-01, 1600 11-16-0 1, 3250 11-15-01 COMMISSION 451,50 SEC FEE 3,90 CABLEVISION SYST OR | CABLEVISION N¥ GROUP COM UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT SEE NOTE "S* ON BACK AS OF 01/18/02 OM GROUP INC SEE NOTE "S* ON BACK EXECUTION BY MDLD AS OF 01/1702 $9.00000 027 01/26/02;10:42 001 183,475.00" vs20 EFTA00198579

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BEAR STEARNS 23 of 26 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT = TRADE DATE OATE TRANSACTION 01/24/02 01/18/02 BOUGHT OTeae2 OTTBS SOLE DESCRIPTION PRAXAIR INC SEE NOTE "S* ON BACK EXECUTION BY BUCK VS 700 01-18-02 COMMISSION 42,00 AS OF 01/18/02 TJX COMPANIES INC NEW EXECUTION BY BUCK VS 1200 01-08-02, 300 01-10-02 COMMISSION 90,00 SEC FEE 88 AS OF 01/18/02 SYMBOLICUSIP PX QUANTITY 700 PRICE 49.10000 39.00000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr rwraver maccn LAST STATEMENT December 31,2001 DEBIT AMOUNT CREDIT AMOUNT 34,427.00 O1/25102"""O EXECUTION BY BUCK VS 1300 08-24-01, 700 08-17-01 , 500 11-13-01 COMMISSION 180,00 SEC FEE 57 AS OF 01/18/02 CABLEVISION SYSTEMS GORP-CL'A CABLEVISION N¥ GROUP COM UNSOLICITED -2,200 4379550 96,194.65 AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT SEE NOTE "S" ON BACK GEORGIA PACIFIC CORP GP -4,200 21.40290 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2500 01-09-02, 1700 01-08-0 OTS" OTS) 89,623.83 2 COMMISSION 252,00 INTERSIL CORPORATION CL A ISIL -1,700 27.79000 (FRM INTERSIL HLG CORP CL-A) EXECUTION BY FBCO VS 1700 01-16-02 SEC FEE Ore5i2" Osa/02 027 01/26/02;10:42 001 vs20 EFTA00198580

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. ne Metratech Center North BEAR 383 Madison Avenue Brocklyn, New York 11201-2859 STEARNS New York. New York 10179 fl Le INSTITUTIONAL INTERESTS 24 of 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) account numccr = vaxpayer wumeer INVESTMENT ACTIVITY (continued) LAST STATEMENT December 31, 2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLCUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/25/02 01/22/02 BOUGHT IMC GLOBAL INC IGL 2,500 12.34440 31,051.00 SEE NOTE "S* ON BACK EXECUTION BY FBCO VS 2500 01-22-02 COMMISSION 175,00 OT BEE OT BOS SO noo RSS ORES NE EXECUTION BY MONT VS 1000 01-08-02 SEC FEE 50 AS OF 01/22/02 cLB EXECUTION BY JPHO VS 5000 10-17-01 COMMISSION 350,00 SEC FEE 2,97 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2900 01-08-02 COMMISSION 174,00 SEC FEE 2.40 TOTAL $-4,063,544.45 $2,832,752.33 DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 01/14/02 = CHECK 22,962.72 oisaes CHECK 33°962°72 Fe MOPS 03/31/02 BUCKINGHAM CAPITAL 027 01/2602;10:42 001 vs20 EFTA00198581

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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 25 of 26 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | rwraver maccn DEPOSITS AND WITHDRAWALS (continued) LAST STATEMENT December 31, 2001 DATE TRANSACTION DESCRETION DEBIT AMOUNT CREDIT AMOUNT 01/23/02 FUNDS REC Cc A voID 22,962.72 FEI 7 03/31/02 BUCKINGHAM CAPITAL TOTAL $-45,925.44 $22,962.72 MONEY FUND ACTIVITY MOVDAY TRANSACTION DESCRIPTION SYMBOUCUSIP QUANTITY PRIGE DEBIT AMOUNT CREDIT AMOUNT 01/01/02 OPENINGBALANCE 3,162,235.72 OT0ZI02 "REINVEST THE TREASURERS FUND INC GIDKX $14.30 $1430" DOMESTIC PRIME MIM PORTFOLIO MONTHLY DIVIDEND REINVESTED DOMESTIC PRIME WWM PORTFOLIO AMT INCLUDED IN 2001 - 1099 DOMESTIC PRIME MM PORTFOLIO MONTHLY DIVIDEND REINVESTED 136785" 136785" Otiezies" DIVIDEND THE TREASURERS” FUND DOMESTIC PRIME MIM PORTFOLIO AMT INCLUDED IN 2001 - 1099 DOMESTIC PRIME MM PORTFOLIO DOMESTIC PRIME MM PORTFOLIO DOMESTIC PRIME MwM PORTFOLIO otiogiO2” "SOLS THe TREASURERS FUNG Nevo GTOKK "700,000" 700,000-06 50,000.01 OT SiOZ ND DOMESTIC PRIME MIM PORTFOLIO 027 01/26/02;10:42 001 vs20 EFTA00198582

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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 26 of 28 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Transaction Detail (continued) sccout xumccr | rwraver maccn MONEY FUND ACTIVITY (continued) LAST STATEMENT December 31, 2001 OATE MOVDAY TRANSACTION DESCAIPTION SYMBOUCUSIP QUANTITY PRIGE DeSIT AMOUNT CAEDIT AMOUNT 01/17/02 SOLD AHR EE RASHAEBS AYNQING 0 GTDXX -500,000 1.0000 500,000.00 IND DOMESTIC PRIME WM PORTFOLIO Ties" BIVIBEND THe TREASURERS CUNO Ne MONTHLY DIVIDEND Bowe STC Pre han BOM FOLIO MONTHLY DIVIDEND REINVESTED DOMESTIC PRIME WM PORTFOLIO MONTHLY DIVIDEND REINVESTED snmmeggnpeee ec ennnnrennnnneecggy gy guage aero P HERE ue oenmeeenen sss aneecnenneeenenaneg js eppnaeeenenaerenen st ¢ ane DOMESTIC PRIME WM PORTFOLIO 14742 T323'83 ae (SK a0 "800.00 01/25/02 CLOSINGBALANCE 1,715,489.42 TOTAL $-1,053,253.70 $2,503,253.70 DIVIDENDS DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE ($) DEBIT AMOUNT CAEDIT AMOUNT 01/02/02 EASTMAN CHEMICAL CO EMN 2,500 0.4400 1,100.00 REC 12/15/01 PAY 01/02/02 01/02/02 TEXTRON INC TxT 4,400 0.3250 1,430.00 REC 12/14/01 PAY 01/01/02 TOTAL $2,530.00 027 01/26/02;10:42 001 vs20 EFTA00198583

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a 27 of 26 Transaction Detail (continued) CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 account sumccr Twpaver nuvecr INTEREST LAST STATEMENT December 31, 2001 DATE DESCRIPTION SYMBOUCUSIP QUANTITY RATE (%) CEBIT AMOUNT CREDIT AMOUNT 01/22/02 _INTCR TAN 02 1,362.25 TOTAL $1,362.25 MISCELLANEOUS TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT JOURNAL OFFSET FROM BKD P&L souaNat cash 5.880.990.54 MOVE BKD P&L TO BOOKKEEPING SOURNAT 13/07 Cia CHC FMC TECHNOLOGIES INC CASH IN LIEU OF 33040 FMC CORP NEW REC 12/12/01 PAY 12/31/01 ‘SPIN-OFF FOO6362 CASH-LIEU INC CLA CASH IN LIEU OF 10979 ADELPHIA COMMUNICATIONS COR REC 01/08/02 PAY 01/11/02 SPINOFF FROM SEC # A0S9849 TOTAL $-5,881.025.54 $5,880,995.94 02? 01/26/02;10:42 001 vs20 EFTA00198584

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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 28 of 28 STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002 Trades Executed Pending Settlement wombs heaven i] LAST STATEMENT December 31,2001 SETTLEMENT TRADE DATE OATE TRANSACTION DESCRIPTION SYMBOLICUSIP QUANTITY PRICE DEBIT AMOUNT CREDIT AMOUNT 01/28/02 01/23/02 iH 000. A 27,880.00 NEW 01 728/02. _ 01/23/02 BOUGHT BEA SYSTEMS INC BEAS ar /28/02 01/23/02 BOUGHT IONA TECHNOLOGIES PLC 19.6772 33,517.24 22.0375 59,516.25 CLA 402 BOUGHT VITESSE SEMICONDUCTOR CORP VTssS CAPSTONE TURBINE CORP CPST 800. 4.9070 18,661.60 EASTMAN CHEMICAL CO ENN 700.00 "38.6264 65,798.88 (02 BOUGHT IONA TECHNOLOGIES PLC IONA ,200. 22.7946 27,368.52 _ SPONSORED ADR 01/26/02 ed O1/29102" “O1/24) 01/29/02 “o1/2ai02 SOLD “ROSS STORES ING ROST “400 34.5367 13,799.47 01/29/02 0 4/02 BOUGHT SKECHERS USA INC SKX J 15.8800 28,707.00 CLA 01/29/02" O1/24/02” SOLD TOMMY HILFIGER COAP-OAD TOM “tO. 9650 93,217.50 27.0360 01/29/02 01/24/02 BOUGHT TAIQUINT SEMICONDUCTOR INC TONT 01/30/02 0 (25/02 SOLD ADELPHIA COMMUNICATIONS CORP ADLAC Ses A 01/30/02 01/25/02 SOLD “GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD TOTAL $498,965.40 $160,161.50 22.5000 31,400.52 The above trades co not appear in any other section of this statamont 027 01/26/02;10:42 001 vs20 EFTA00198585