EFTA00195499.pdf

Statements EFTA00195499 CLEARED THROUGH ITS yriseLLY OntLE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New York. New York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE vemv.bearstearns.com What's In This Statement Financial Summary 3 Transaction Detail 4 Your Messages 8 Your Portfolio at a Glance NET EQUITY THIS PERIOD 0 NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMEN- -33,514 33.514 There are no 'Stop Loss* orders or other pending buy or sell open orders on file for your account. 11111111111111111 I I FINANCIAL TRUST CO INC CIO JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE 63 ST THOMAS VI 00802 Market Value of Your Portfolio Cash 8 Equwalent —I Se I 3-38514 NE Last statements market value Short market value Boor. Neon Sonrinet Corp. Ore Metniech Center North Becciorn. New Tort 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERKO February 28.2004 THROUGH March 31.2004 ACCCUNT NUMBER TAXPAYER MANNER On File LAST STATEMENT February 27.2004 St TM, TuYnaTY is Mr dOrmatnnal presses only It is not Mended maim dcanwe Tin staternore should be maned for your records Ste worst Sr f r rroonane necnnarsm 027 0.01.134:12:31 001 V829 EFTA00195500 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. SZeirns SON, t4,1 COO. Ceol.letsolech Cantot North Beccidon. New Ye* 11201.3859 FINANCIAL TRUST CO INC 2 or e STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0.01,04:12:31 001 Y829 EFTA00195501 CLEARED THROUGH ITS niCkLY OHnE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Beer. Saea•ns S0N, t4H Dap. Ore Mevolech Coma North Becci0on. New Year 1201.38S9 FINANCIAL TRUST CO INC 3 vi STATEMENT PERK* Palawan/ 28.2004 THROUGH March 31.2004 Cash Flow Analysis Income Summary ACCCUNT NUMBER TAXPAYER WEBER On Ale THIS PERIO0 DC PERIOD YEAR TO DATE LAST STATEMENT February 27.2004 Opening Balance $-33,513.55 U.S. Govt. Bond Int. 62,470.90 332,686.10 Credit Balance Int. 4.59 4.59 Securities Sold 181,187,137.82 Reverse Repurchase Int. 16,825.29 62,385.28 Dividends/Interest 62,475.48 Total $79.300.78 $395,075.97 Miscellaneous 30,926,395.39 Bond Purchase Int. -87,250.66 -327,100.48 Amount Credited 176,008.69 Margin Int. Paid -4.59 -4.59 Securities Bought -151,473.254.55 Repurchase Int. Exp. -26,379.55 -59,000.08 Dividends/Interest Charged -87.255.26 Miscellaneous -60,581,985.33 Amount Debited 142,495.14 Net Cash Activity 33,513.55 ClosingBatance $0.00 Cash Balance Summary OPEN NG ClOSING Margin .33.513.55 0.00 Net Cash Balance $-33.513.55 $0.00 027 04)01,04:12:31 001 EFTA00195502 CLEARED IHRWOH ITS LINCLLY EAM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 4 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT DATE 10.40E DATE TRANSACTION 03/01/04 02/26/04 SOLD 03/01/04 02/26/04 SOLD 03/01/04 RECEIVED 03/10/04 03/09/04 BOUGHT 03/10/04 03/09/04 BOUGHT osnato4 03/17/04 BOUGHT 03/18/04 03/17/04 BOUGHT GVER REF # OESCRPTION UNITED STATES TREASURY NOTE 01,6259 FA 28 RITY Al GVER REF # UNITED STATES TREASURY NOTE 01,6269 FA 28 GVER RITY St UNITED STATES TREASURY NOTE DUE 02/28+2006 1,625 1,625 FITG Al RESAL UNITED STATES TREASURY NOTE 03,0009 FA 15 RITY GVER HEF # Al UNITED STATES TREASURY NOTE 03,0009 FA 15 RITY GVER REP # A3 UNITED STATES TREASURY NOTE 01,6259 FA 28 RITY Al UNITED STATES TREASURY NOTE 01,6269 FA 28 RIP( GVER REF # Si SYMOWCUSP OVAMITY Beer. Szeirns SOR".14,1 Cap. Ore Metsoiech Contof North Betatron. New Year 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERKO February 28.2004 THROUGH March 31.2004 ACCCUNT NUMBER TAXPAYER WESER On RIM LAST STATEMENT February 27.2004 DEBT AMOUNT CREPT (040UNT -10,000,000 99.87500 ACCR. INT. 9,987,500.00 441.58 50 000 000 99.87500 49,937,500.00 ACCR. INT. 2,207.88 60 000 000 60,150,000.00 10.000.000 101.57813 10.157.812.50 ACCR. NT. 19.780.22 MIS 10.000.000 101.60938 10,160,937.50 ACCR. NT. 19.780.22 19000.000 100.29688 19029,687.50 ACCR. INT. 7,948.37 50,000.000 100.29688 50,148,437.50 ACCR. INT. 39.741.85 071 0401,04:12:31 001 YS29 EFTA00195503 CLEARED THROUGH ITS wIlekLY O%%E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 5 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE 03/18/04 03/22/04 03/19/04 03/28/04 03/25/04 03/26/04 03/25104 TRANSACTION DELIVERED DESORPTION UNITED STATES TREASURY NOTE DUE 02t28120O6 1.625 1.625 06 MO A2 TERM R EEMENT STIOCVCUSP SOLD UNITED STATES TREASURY NOTE 03.260% JJ 15 OVER TY SOLD UNITED STATES TREASURY NOTE DUE 01/1S/2009 O3.250% JJ 15 SPECIAL I GYER REF AS OF 03/2 SOLD UNITED STATES TREASURY NOTE DUE 02n 5/2009 03.000% FA 15 SPECiAL I GyER REF GUMMY -60,000,000 Pala Beer. szeirns secv,ht, Cap. Ore Mevolech Comet North Beano. New VC* 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERMO February 28.2004 THROUGH March 31.2004 ACCCUNT NUMBER TAXPAYER MAMER OR File LAST STATEMENT February 27.2004 DEEM AMOUNT GREW AMOUNT 60,150,000.00 -10,000.000 102.45313 ACCR. INT. 10.245,312.50 59,821.43 -10,000.000 ACCR. INT. 0.02 0.01 -20,000.000 0.01 TOTAL $-140.734.125.66 $130,382,783.41 INTEREST DATE OESCRPTION 03/01/04 AVG BAL 3,590RT 1.644 021 OFFICE INTEREST 0204 STMEICEMUSIP OUANMY RATE 1%1 DENT AMOUNT 4.59 CREDIT AMOUNT 03/02/04 ADJ MONTHLY AMC INT FEB 03 4.59 TOTAL $.4.59 $4.59 027 O4DI04:12:31 001 11823 EFTA00195504 CLEARED THROUGH ITS YrilD5LY CAM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 6 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Stearns& Co.inc. SETTLEMENT TRADE DATE DATE TRANSACRON DESCRVICN SYMBC1AUSIP CAIAARIN DEBIT AMOUNT CREDIT AMOUNT 03/10/04 JOURNAL UNITED STATES TREASURY NOTE -20.000.000 20.300.000.00 FRG F0700679 Al 3.000 DBE 02/I5/09 REPO AGREEMENT 03/11/04 JOURNAL UNITED STATES TREASURY NOTE 20.000.000 20,300,000.00 FRG F0700679 A2 3.000 DUE 02/I 5109 TERM REPO AGREEMENT 03/11/04 JOURNAL UNITED TREASURY NOTE IMMO -20.000.000 20.300.000.00 ATG Al 3,000 09 REPO AGREEMENT 0311/04 INTEREST UNITED STATES TREASURY NOTE 112.78 DUE 02/192009 3,000 FRG F0700679 A2 REPO INTEREST 03/18/04 INTEREST UNITED STATES TREASURY NOTE 16.825.29 DUE 0 1,625 FRG A2 RES 03/22/D4 JOURNAL UNITED EASURY NOTE -10.000.000 10.250.000.00 RIG Al 3 , 03/22/04 JOURNAL REPO AGREEMENT09 UNITED EASURY NOTE 20.000.000 20.100.000.00 A,TG A2 3R,50 09 TERM REPO AGREEMENT 03.22J04 INTEREST UNITED STATES TREASURY NOTE 23.405.33 DUE Mill 3.250 FRG A2 REPO I 03/28/04 JOURNAL UNITED TATE TREASURY NOTE 10.000.000 10.250.000.00 FRG A2 Beet Stea•ns SON, 591 Cory. Ore Mevolech Cantof North Beccicon. New Toot 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERKO February 28.2004 THROUGH March 31.2004 ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT February 27.2004 3,250 09 TERM REPO AGREEMENT 027 0401,04:12:31 001 V829 EFTA00195505 CLEARED THROUGH ITS WIIOUY OHPOO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 7 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) Beer. SZea•us SOC‘MMI COO Ore Mevolech Cantec NOM Beccioon. New Year 11201.3859 FINANCIAL TRUST CO INC STATEMENT PER100 PEtrualy 28.2004 THROUGH March 31.2004 ACCCUNT NUMBER TAXPAYER POWER On File LAST STATEMENT Fewest)/ 27.2004 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPRON STAIDECCUSIP WARM DEPT AMOUNT CREDIT AMOUNT 03/26/04 JOURNAL UNITED TATE TREASURY NOTE 20.000.000 20.300.000.00 FRG A2 3,000 09 TERM REPO AGREEMENT 03/26/04 INTEREST UNITED STATES TREASURY NOTE DUE 1.101. 3.250 FRG A2 REPO I 03/2844 INTEREST UNITED STATES TREASURY NOTE DUE 0 3,000 FRG A2 REPO I 837.08 2,024.36 TOTAL 6-70,976.379.55 $50.866.825.29 MISCELLANEOUS DATE LtatAY TRANSACTOR DESCRIPTOR DEPT AMOUNT CREPT ASOUNT 03/01/04 JOURNAL FITG FITM 33,513.00 O3/02ttM JOURNAL FITG FITM 222.355.00 0=4/04 JOURNAL FITG FITM 3.00 03111/04 JOURNAL FITG FITM 58.309.00 03/12(04 JOURNAL FITG FITM 113.00 03/15/04 JOURNAL FITG FITM 226.00 03/19/04 JOURNAL FITG FITM 58.990.00 O323ttM JOURNAL FITG TO FITM 431,728.00 03/25/04 JOURNAL MISC ADJ TO CASH BAL 0.36 027 DA01,04:12:31 001 Y829 EFTA00195506 CLEARED THROUGH ITS Y4935LY OR5.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & CO. Inc. 383 Madison Avenue New York, Nen York 10179 8 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MORAY TRANSACIXN DESCRIPTION DEBIT AMOUNT CREPT AMOUNT 03/26/04 RECEIVED FITG 140.97 I AA uuUPON 3.0000 FINANCING NET PAIRCfF DIFF 03/30/04 JOURNAL FITM TO FITG 30,553,002.39 TOTAL $.431S8633 $30.926.395.39 Your messages Excess SIPC Account Protection Update Effective February 16, 2004, the commercial insurer through which Bear, Steams Securities Corp, obtains excess SIPC protection changed to Customer Asset Protection Company MAPCO", a New York licensed insurance company. CAPCO has an A-i- financial strength rating from Standard and Pools. End of Statement Bge BOR. Szea•ns SON944 GNP Ore Metsoiech Canto North Reckron. New Ye* 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERK* February 28.2004 THROUGH March 31.2004 ACCOUNT NUMBER TAXPAYER 04/493ER On File LAST STATEMENT February 27.2004 The Firm believes it is of the utmost importance that clients who purchase or hold mutual funds fully understand the intricacies of the pricing structures and rules which govern these investments. Recently, a pint Industry/NASD Task Force collaborated to create a Disclosure Statement to address these issues, We are providing this Disclosure Statement to you for the purpose of reinforcing these concepts and to initiate the opportunity for further discussion of these issues to the extent you have questions, You are encouraged to contact your financial professional with any questions you have regarding your investments. Additionally, you may review this information online at the following NASD web site: http://vvw.nasdr,comibreakpoints_statement,asp 027 04191,04:12:31 001 Y829 EFTA00195507 CLEARED THROUGH ITS YrisekLY 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New York. New York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE vnvw.bearsteams.com What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 5 Trades Not Yet Settled 7 Your Messages 8 Your Portfolio at a Glance NET DEBIT BALANCE -33,514 Cash 8 Equvalent NET EQUITY THIS PERIOD $-33.514 NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 0 -33,514 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. I I 11111111111111111 FINANCIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE 63 ST THOMAS VI 00802 Market Value of Your Portfolio I $-33.514 $0 au Last statement's market value Short market value Beer. Szewee Secwitt Corp. Cto Metsolech Corder North Beccioon. New VC* 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 31.2004 THROUGH PebniNy 27.2004 ACCI:4-NT NUMBER TAXPAYER PAMMER On File LAST STATEMENT January 30.2004 Slit Tres Win s/ fa ofOrmaCwal etroals caly *Kra Pleaded as a tat &and Tres statesoorg sham be maned for your records Ste ream **for roman reamanan 027 022800:11:32 001 Y828 EFTA00195508 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, 14,1 COO. Ore Momloch Cantot North Broeklln• New Ye* 11201.3859 FINANCIAL TRUST CO INC 2 or e STATEMENT BACKER IS PRINTED ON THIS PAGE 021 02,2804:11:32 001 Y828 EFTA00195509 CLEARED 1HRWGH ITS amply Orth.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 ci BON. Station SONO.* COP. Ore Mevolech Canto North Ma:kW% New Yoh 11201.3859 FINANCIAL TRUST CO INC Cash Flow Analysis Income Summary STATEMENT PERIOD THROUGH ACCOUNT NUMBER TAXPAYER mra3ER January 31.2004 PetvuEuy 27.2004 On File THIS PERICO MS PERICO TEM TO DATE LAST STATEMENT January 30.2004 Opening Balance $0.28 U.S. Govt. Bond Int. 12.362.64 270,215.20 Reverse Repurchase Int. 36,484.42 45,559.99 Securities Sold 180.922.421.92 Total $48.847.06 $315,775.19 Dividends/Interest 12,362.64 Bond Purchase Int. -191.620.89 -239,849.82 Amount Credited $180.934.784.56 Repurchase Int. Exp. 0.00 -32,620.53 Securities Bought -120,464.062.50 DividendstInteresl Charged -191.620.89 Miscellaneous -60,31a615.00 Portfolio Composition Amount Debited $180.968,298.39 WIT lG•G CashtCash Equivalent 33.514 Net Cash Activity -33.513.83 Total $33.514 Closing Balance $-33.513.55 Cash Balance Summary OPEN hG CLOSING Margin 0.28 -33,513.55 Net Cash Balance $0.28 5-33.513.55 027 02.2804:11:32 001 Your Portfolio Allocation Shut Cash & Equivalent — 100 Unero<le0 croons eon,* Oar beence onto' Or, male wive, he elopers. ;event'', to pewee Item to etnol.te market rat), oi ,ev mike" 1828 EFTA00195510 CLEARED THRWGH ITS niCkLY OW‘.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 4 ci Your Portfolio Holdings CASH & CASH EQUIVALENTS otscarriou CASH BALANCE TOTAL CASH & CASH EQUIVALENTS S•ATECL 0./StP MARKET ESTIMATED CUAPENT QUANTITY PACE VALUE NWJAL VELD I%) -33.514 $-33.514 YOUR PRICED PORTFOLIOHOLDINGS $.33.514 Repurchase and Reverse Repurchase Transactions with Bear,Stearnsand Co. Inc. outstanding as of date of statement PURCHASE REPURCHASE PRICING PURCHASE PRICE ACCRUED REPO CUANTITY START DATE DATE RATE PRINCPAL MEREST' (FACE AMOUNT) CUSP DESCRIPTION Beer. SZeirns S0C,mt.t1 Dap. Cr.* Mevolech Cardm NOM etCCk/01. New Yuk I1201.38S9 FINANCIAL TRUST CO INC STATEMENT PERIOD January 31.2000 THROUGH February 27.2004 ACCOUNT NUMBER TAXPAYER AMBER On FIM LAST STATEMENT January 30.2000 YOU SOLO USIA 3.2500 01/15109 (REPO) 01:26/04 OPEN 1.050 -20.100.000 -12.702 -20.000.000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $20.100.000 $.12,702 As H 44.11CriVett CI= 027 02.2600:11:22 001 YS2S EFTA00195511 CLEARED THRWGH ITS miserly 0141.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 5 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT DATE 10.40E DATE TRANSIC113/1 02/04/04 02/03/04 SOLD 02/04/04 02/03/04 SOLD 02/04/04 02/03/04 BOUGHT 02/04/04 02/03/04 BOUGHT GVER REF # AS OF 02/03 GVER REF # AS OF 02/03 0ESCRPTI0N UNITED STATES TREASURY NOTE 01,875% JJ 31 RITY A3 STIJEKILCUSE CVAINITITY UNITED STATES TREASURY NOTE 01875%JJ 31 RIP/ B3 UNITED STATES TREASURY NOTE O1,875% JD 30 RITY 0.3 UNITED STATES TREASURY NOTE O1.875% „ID 30 RI GVER REF # eaP/ AS OF 02/03 OZ0404 RECEIVED UNITED STATES TREASURY NOTE DUE 01/31/2006 1.875 FFRG 7 1,875.1k Al RESAL DELIVERED UNITED STATES TREASURY NOTE DUE 12/31/2005 1,875 10375 s FITG 0,4 TERM R EEMENT 02/27/04 02/26/04 BOUGHT UNITED STATES TREASURY NOTE 01,875% JJ 31 RIP/ Al -10.000.000 PPoCE 100.22656 ACCR. INT. Beer. Starves Seto MI COO. CcoMetraiecn Canter North &Worn. New Ton 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERK* January 31.2004 THROUGH February 27.2004 ACCOUNT NUMBER TAXPAYER WINDER On File LAST STATEMENT January 30.2004 DEBIT AMOUNT CREPT PACVNT 10,022,656.25 2,060.44 -50.000.000 100.22656 ACCR. INT. 50,113,281.25 10,302.20 10.000.000 100.32031 ACCR. INT. 10.032.031.25 18.028.85 50.000.000 100.32031 50,160,156.25 ACCR. INT. 90.144.23 60.000.000 60.300.000.00 -60,000.000 60.450.000.00 10.000.000 100 45313 10,045,312.50 ACCR. INT. 13.907.97 027 024804:11:32 001 Y828 EFTA00195512 CLEARED IHRWCH ITS yrisCxLY OBY.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, Non York 10179 6 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE IRANSACTON OESCRPTION STMEICILCUSE GUMMY poCE DEBIT AMOUNT CREOCT PlOcter 02/27/04 02/29404 BOUGHT UNITED STATES TREASURY NOTE 01,875%JJ 31 RI TY OVER REF # al 02/27/04 DELIVERED UNITED STATES TREASURY NOTE DUE 01/31(2006 1,875 1,875 FITG TERM R EEMENT IN= 50.000.000 ACCR. INT. -60.000.000 100.45313 50.226,562.50 69.539.84 60.300.000.00 TOTAL S.180.955.683.39 $180.898.300.14 REPURCHASE AND REVERSE REPURCHASETRANSACTIONS with Bear,Stearns& Co. Inc. 8038r. SZeirn5 SON, t4,1 DPP. Ore Metsciecn Canter North Betatron. New Tot 112013859 FINANCIAL TRUST CO INC STATEMENT PEra00 January 31.2004 THROUGH February 27.2004 ACCOUXT NUMBER TAXPAYER WIPER Cn File LAST STATEMENT January 30.2004 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRPTICH SYMBOLDuSIP OUJWTITY DEBIT AMOUNT CREDIT AMOUNT 02/04/04 INTEREST UNITED STATES TREASURY NOTE 14.675.92 DUE I 1,875 FRG A4 RES 02(27/04 INTEREST UNITED STATES TREASURY NOTE 21.808.50 DUE 011100 1,875 FRG A2 RESALE TOTAL $36.484.42 027 02:2604:11:32 001 7828 EFTA00195513 CLEARED IHRWOH ITS 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New YY New York 10179 7 Transaction Detail (continued) MISCELLANEOUS DATE MOAT TRANSACTCN 02/05/04 JOURNAL DESCRIPTON FITG FITM DEBIT AMOUNT 12,615.00 CREPT AMOUNT TOTAL $-12,615.00 Trades Executed Pending Settlement Beer. SZeirns SON, M1 Cap. Ore Metsalech Cantet NOM Stock/n. New Ye* MOI.3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 31.2004 THROUGH February 27.2004 ACCOUNT NUMBER TAXPAYER AVERER On File LAST STATEMENT January 30.2004 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION STMIXLCUSIP OUANTITY PRICE DEER AMOUNT CREDIT AMOUNT 03/01/04 02/26/04 SOLD UNITED STATES TREASURY NOTE 01,625% FA 28 UFUTY GVER REF # Al 03/01/04 02/26/04 SOLD UNITED STATES TREASURY NOTE 01,625% FA 28 FUTY GVER REF # 81 -10.000.000.00 -50.000.000.00 99.8750 99.8750 9.987.941.58 49.939.707.88 TOTAL $0.00 $59.927.649.46 Tao above YEWS 03 001 appear in any oil*/ somon of ma mamma 027 02,2804:11:22 001 Y828 EFTA00195514 CLEARED THROUGH ITS yrtieLLY Orth.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & CO. Inc. 383 Madison Avenue New York, Nen York 10179 8 vi Your messages Excess SIPC Account Protection Update Effective February 16, 2004, the commercial insurer through which Bear, Steams Securities Corp, obtains excess SIPC protection changed to Customer Asset Protection Company MAPCO", a New York licensed insurance company, CAPCO has an A-0 financial strength rating from Standard & Pool's, End of Statement Beer. 51e9•n5 Seeneel 0010 Ore Metniech Cantm North Beccohn. New Year 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 31.2004 THROUGH February 27.2004 ACCOUNT Nemesia TAXPAYER MASSER On File LAST STATEMENT January 30.2004 027 02/2604:11:22 001 Y829 EFTA00195515 CLEARED THROUGH ITS yniCsLY OLMLED SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WE8SITE www.bearstearns.com What's In This Statement Financial Summary 1 Your Portfolio Holdings 2 Transaction Detail 3 Your Messages 7 IIII II 111111111H I I FINANCIAL TRUST CO INC 0/0 JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Cash Flow Analysis This PERIOD Cash Balance Summary OPENING CLOSING Opening Balance $0.49 Margin 0.49 0.28 Securities Sold 226,228,606.83 Net Cash Balance $0.49 $0.28 Dividends/Interest 257.852.56 Miscellaneous 60,763,172.61 Amount Credited $287,249,632.00 Securities Bought -70,500,589.28 Income Summary Nom°, YENS TO DATE U.S. Govt. Bond Int. 257.852.56 257,852.56 Dividends/Interest Charged -48.228.93 Reverse Repurchase Int. 9.075.57 9,075.57 Miscellaneous -216,700.814.00 Total $266,928.13 $266,928.13 Amount Debited $.287.249.632.21 Bond Purchase Int. -48,228.93 -48,228.93 Net Cash Activity -0.21 Repurchase Int. Exp. -32,620.53 -32,620.53 Closing Balance $0.28 Beer. Stars SOPyilitl COO. Cep Metrotech Confer North Bronco. New York 11201.3859 FINANCIAL TRUST CO INC STATEMENT PER100 January 1.2004 THROUGH January 30. 2004 ACCOUNT NUMBER TAXPAYER NULI3ER On File LAST STATEMENT December 31.2003 t This sunny/ is Xs Plasmas:nal pflosts say Ikea s'Ondo4 scalar drarnsa flit MaternsrC should Do retailed for your words Set wend a Tar rtmonsit nfainstire 027 Ou3u04:00:20 001 YS24 EFTA00195516 CLEARED THROUGH ITS tottC5LY 0"EO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & CO. Inc. 383 Madison Avenue New York New York 10179 2 vi Your Portfolio Holdings CASH & CASH EQUIVALENTS ossckP-iou CASH BALANCE TOTAL CASH & CASH EQUIVALENTS SrmeCL CL/SIP Ouenmy PACE IMFGET VALUE ESTIMATED CUAPENT NWJAL IntWE V SO 1%) Repurchase and Reverse Repurchase Transactions with Bear, Stearnsand Co. Inc. outstanding as of date of statement PURCHASE/ REPURCHASE PRICING START DATE GATE PATE PURCHASE PRICE/ PRITICAPAL ACCRUED REPO MEREST GAMY (FACE AMOUNT) CUSS) DESCRIPTOR YOU SOLD (REPO) 01/26/04 OPEN 0.280 YOU BOUGHT (REVERSE) 01+21/04 OPEN 0.550 .20.100.000 60.450.000 -2.635 12.912 -20.000.000 60.000.000 USIR USIR 3.2500 01/15/09 1.8750 12/31105 TOTAL REVERSE REPURCHASETRANSACTIONS $60.450.000 $12.912 TOTAL REPURCHASE TRANSACTIONS 5-20.100.000 $-2.635 AS Cl 214IPTOM <WO Beer. Neon SON•rhtl COG. Ore Metroiech Cantof North Recciorn. New York 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 1.2004 THROUGH January 30.2004 ACCOUNT NUMBER TAXPAYER MAGER On Fee LAST STATEMENT December 31.2003 027 0031.134:09:20 001 1782A EFTA00195517 CLEARED THROUGH DS ?Aunty CAM,;(0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New YY New York 10179 3 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT DATE 10.45E DATE TRANSACTOR 01/07/04 01/06/04 SOLD 01/09/04 01/08/04 SOLD 01/09/04 RECEIVED 01/15/04 01/14/04 BOUGHT 01/21/04 01/20/04 SOLD 01/21/04 RECEIVED 0V21104 RECEIVED OESCRPTION UNITED STATES TREASURY NOTE 01,625% MS 31 RITY GVER REF tt Al UNITED STATES TREASURY NOTE 01,875% JO 30 ITV OVER REF it Al UNITED STATES TREASURY NOTE 712/31/2005 1,875 1,85EVa T OS FRG Al RESAL UNITED STATE TREASURY NOTE SYR NOTE 03,375% JO 15 rt GVER REF UNITED STATES TREASURY NOTE 01,875% .10 30 UNITED STATES TREASURY NOTE IDUE 12/31/2005 1,875 1,875 IPON 1,8750 FINANCING NET PAJROFF DIFF UNITED STATES TREASURY NOTE DUE 12/31/2005 1,875 1,875Allir FRG Al RESAL Beat Szeirns Soc.rthel COO Metsmecn Center North &worn. New VC* 120138S9 FINANCIAL TRUST CO INC STATEMENT PERIOD January 1.2004 THROUGH January 30.2004 ACCOUNT NUMBER TAXPAYER AMMER On File LAST STATEMENT DeC0Mbef 31,2003 SYTAIROLICUSP OHM? PRICE DEBIT AMOUNT CREDIT AMOUNT -20,000,000 -35,000,000 99.92188 ACCR. INT. 100.10156 ACCR. INT. 19,984,375.00 87,909.84 35,035,546.88 16,225.96 35.000.000 35,131,250.00 10.000.000 102.03906 10,203,906.25 ACCR. INT. 28.586.07 NM -25.000.000 100.40625 25.101.562.50 ACCR. INT. 27.043.27 60.000.000 60.450.000 00 60,000,000 60.450.000.00 027 0141.04:09:20 001 EFTA00195518 CLEARED IHRCOGH ITS »lett? O‘M.E0 SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New YY New York 10179 4 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/21/04 TRADE DATE TRANSACT/3N RECEIVED CESCRPREIN UNITED STATES TREASURY NOTE DUE 12/31(2005 1675 1675 5 FITG A3 REGAL 01/21/04 DELIVERED UNITED STATES TREASURY NOTE OUE 12/31(2005 1.875 1,875 05 FITG A2 TERM R EEMENT 01/21/04 DELIVERED UNITED STATES TREASURY NOTE OUE 12/31+2005 1675 1675 05 FITG A2 REGAL 01/22/04 JOURNAL UNITED STATES TREASURY NOTE ADJ POS NO 1/21(04 1,875 DUE 12131/05 01/26/04 01/23/04 SOLD GVER REF UNITED STATES TREASURY NOTE 03,125% AO 15 RITY Al 01/26/04 01/23/04 SOLD UNITED STATE TREASURY NOTE SYR NOTE 03,375% JD 15 RITY Al 01)26104 012304 BOUGHT UNITED STATES TREASURY NOTE 03.250% JJ 15 RITY GVER RES # Al STM13EVCUSP ~I OVANTITY 60.000,000 PRICE Beer. SZetrns Coal‘ Dec Meveleen Cent« North Beeciam. New Te" 11201.3859 FINANCIAL TRUST CO INC STATELIER, PERM January 1.2004 THROUGH January 30.2004 ACCOUNT NUMBER TAXPAYER WYBER On File LAST STATEMENT December 31,2003 DEBIT AMOUNT CREW !MUM 60,450,000.00 -35.000.000 35.131.250.00 -60.000.000 60.450.000.00 -60.000.000 -10.000.000 100.63281 ACCR. INT. 10,063,281.25 87,943.99 -10.000,000 101.53516 ACCR. INT. 10,153,515.63 38,729.50 20.000.000 100.88281 20.176.562.50 ACCR. INT. 19.642.86 TOTAL $-246,909,947.68 6196,177,383.82 027 014104:09:20 001 Y824 EFTA00195519 CLEARED THROUGH ITS ?AIM? OtM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New YY New York 10179 5 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Stearns& Co. Inc. SEITLEMEr0 TRADE DATE DATE TIWISACNON DES:RP-ION STAIOCCCUSIP aMMITY DEBIT *MOM CREDIT AMOUNT 01/07/04 JOURNAL UNITED TATE TREASURY NOTE 20.000.000 19,900,000.00 FRG 1.625 TERM REPO AGREEMENT 01/07/04 INTEREST UNITED STATES TREASURY NOTE 16,865.25 DUE Oil. 1.625 FRG A2 REPO I 01/15/04 JOURNAL UNITED STATE TREASURY NOTE -10,000,000 10.200.000.00 5 YR NOTE 3.375 08 FITG Al REPO 01/21/04 INTEREST UNITED STATES TREASURY NOTE NMI 9,075.57 DUE 1 1.875 FRG A2 RE 01/26/04 JOURNAL UNITED STATES TREASURY NOTE 10.000.000 9.987.500.00 FRG A2 3.125 08 trig TERM REPO AGREEMENT 01/26/04 JOURNAL UNITED STATE TREASURY NOTE 10,000.000 10.200.000.00 5 YR NOTE 3,375 08 RIG A2 TERM ENT 01/26/04 JOURNAL UNITED EASURY NOTE -20.000.000 20.100.000.00 FRG Al 3.250 09 REPO AGREEMENT 01/26/04 INTEREST UNITED STATES TREASURY NOTE 13,091.95 Beer. SZeirns SON, t4,1 Cory. Cc* Mevolech Contof North Beccidon. New To* 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 1.2004 THROUGH January 30.2004 ACCOUNT NUMBER TAXPAYER NUMBER 011 Flk LAST STATEMENT December 31.2003 DUE Hill 3.125 FRG A2 REPO I 027 0141414:09:20 001 V824 EFTA00195520 CLEARED THROUGH ITS totteLLY OHO.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 6 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) SETTLEMENT DATE 01/26/04 DATE TRANSACTION DESORPTION INTEREST UNITED STATE TREASURY NOTE 5 YR NOTE DUE Ill. 3.375 FITG A2 REPO I swam/Gyve OUANTITT DEBIT AMOUNT 2,663.33 BOP. Stearn SO8r,581 C010. Ore Mevolech Cantot North Becciont New Year 11201.3859 FINANCIAL TRUST CO INC STATEMENT PER100 January 1.2004 THROUGH January 30.2004 ACCOUNT NUMBER TAXPAYER NUMBER On File LAST STATEMENT December 31.2003 CREDIT AMOUNT TO-AL $.411120.120.53 $30.309.075.57 MISCELLANEOUS DOTE MDAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREW AAIJUN1 01/08/04 JOURNAL FITG FITM 155,420.00 01/12/04 JOURNAL FITG ATM 79,477.00 01/13/04 JOURNAL 03 TREASURY REBATE FITG 19,611.26 01/14/04 JOURNAL FITG FITM 19,611.00 01/16/04 JOURNAL FITG FITM 32.492.00 01/21/04 DELIVERED FIT 60.450.000.00 UPON 1.8750 FINANCING NET PAIRCPF DIFF 01/22/04 JOURNAL FITM TO FITG 181.068.00 01/26/04 DELIVERED FIT 524.35 UPON 3.1250 FINANCING NET PAIROFF DIFF 01/27/04 JOURNAL FITG ATM 44,533.00 TOTAL $-219,564.00 $60,763,172.61 027 0141.134:09:20 001 1/82A EFTA00195521 CLEARED THROUGH ITS CMY.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, Non York 10179 7 vi Your messages Excess SIPC Account Protection Update Effective February 16, 2004, the commercial insurer through which Bear, Steams Securities Corp, obtains excess SIPC protection will change to Customer Asset Protection Company ('CAPCO'), a New York licensed insurance company. CAPCO has an A-1- financial strength rating from Standard and Pools. End of Statement 027 014104:09:20 001 Beet Saea•n& SOC‘Nbtr Cap. Ore Metniecn Center North &Worn. Hew Tux 11201.3859 FINANCIAL TRUST CO INC STATEMENT PERIOD January 1.2004 THROUGH January 30.2034 ACCOUNT NUMBER TAXPAYER KAMER 011 File LAST STATEMENT December 31.2003 vase EFTA00195522 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, 14,1 COO. Ceol.letioloch Cantot North Broeklln• New Volt 11201.3859 FINANCIAL TRUST CO INC 8 of e STATEMENT BACKER IS PRINTED ON THIS PAGE 021 014144:09:20 001 Y82/ EFTA00195523