EFTA00198048

Statements EFTA00198048 CLEARED 1HRCO3H ITS WHOLLY 01WED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 84)8i.SIWAS SONNIRI COrD. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ctm Mettotech Corder Noah Eltait/on, Revive.< 1120/3859 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERK* November 29.2003 ACCOUNT EXECUTIVE :HERMAN.IRA TELEPICE THROUGH December 31.2003 VISIT OUR WEBSITE eehw.cea'stearrs.com ACCOLNT NUMBER U What's In This Statement I I 1II II 1111 II TAXPAYER NUMBER On File LAST STATEMENT November 28.2003 Financial Summary 3 INSTITUTIONAL INTERESTS Transaction Detail 4 FINANCIAL TRUST CO TTEE Fund Activity 4 ATTN JEANIE BRENNEN Your Messages 6 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Important Message II any information regarding Cash & Eq6.,,alent $0 2003interest. dividends. — , $26.067.710 NET EQUITY THIS PERIOD 0 miscellaneous income. gross proceeds or original Eg Last statements maces va!ue issue discount is required NET EQUITY LAST STATEMENT 26.067.710 to be reported to the IRS for CHANGE SINCE LAST STATEMENT -26.067.710 this account. a Consolidated Form 1099 will be mailed to you by February 2. 2004or a 1042S There are no 'Stop Loss' orders or other pending buy by March 15.2004. or sell open orders on file for your account. pio.v. row oaf alma to* a rorucKolg el thiCkS or SWIM fidlanal as dahtoa 10 'to. 1/10.SOTaTervske elcomeoell pseposes otitis rue 111011M4 as a lam downed. 10 0WI Swan im 8001:34-1428: a Mt to Clam Swoon a Bow. Smarr@ Secumos Rye scaternere NNW ee retaned for your records See revers* ode for irrexclott reams.= Cap. One 1.1flokKI, Carlo, North. BrooM>n, NY 112014859 027 01,0104:12:54 001 Y818 EFTA00198049 CLEARED 1HROUGH nS 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meal:tech COMO( HMO Beccidon, Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 al 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 01,01,04:12:54 001 V818 EFTA00198050 CLEARED 1HRWGH ITS ?RIMY OwnE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Cc* Mon:tech Cantm North Beccidon. New VC* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 c/ STATEMENT PERIOD NOTEIRCef 29.2003 THROUGH December 31.2003 ACCCUNT NUMBER Cash Flow Analysis Cash Balance Summary TAXPAYER WESER On FIIB THIS PERIOD OPENING LAST STATEMENT November 28.2003 Opening Balance $1,389.54 Cash 1.389.54 0.00 Money Fund 29,209,169.32 Net Cash Balance $1,389.54 $0.00 Dividends/Interest 269.31 Miscellaneous 3,318,004.42 Amount Credited $32.527.443.05 Income Summary DIM PERIOD YEAR 10 DATE Money Fund -3,118.790.81 Dividends 24.058.31 313,169.08 Funds Withdrawn -511.00 Credit Balance Int. 134.62 256.14 Dividends/Interest Charged -134.69 Miscellaneous -29,409,396.09 Total 524.192.93 $313,425.22 Amount Debited $-32.528.832.59 Net Cash Activity -1.389.54 Closing Balance $0.00 027 01.01D412:54 001 .818 EFTA00198051 CLEARED THRWGH ITS niCkLY OW‘.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 8e8r. SNArns SOC,A44,1 Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 0-Alkyl:tech Cantm North Beccidon. New Tuft 11201.3859 STEARNS INSTITUTIONAL INTERESTS 4 ri STATEMENT PERIOD NOVEMtef 29.2003 THROUGH December 31.2003 Transaction Detail ACCOUNT NUMBER ■ TAXPAYER AVUSER 011Fde DEPOSITS AND WITHDRAWALS LAST STATEMENT November 28.2003 DATE TAANSACTa• DESCRPTION CEBIT M.IOur CREDIT AMOUNT 12/03/03 CHECK 511.00 HY EIS N L.P. TOTAL $.511.00 MONEY FUND ACTIVITY DATE 1.130AT TRANSACTION DESCRIPMN SYMEAMISIP DUMMY PRICE DEBIT AMOUNT CREDIT AMOUNT 11/29/03 OPENINGBALANCE 26,066,320.20 12/01/03 DIVIDEND DREYFUS CASH MANAGEMENT-Cl. A DICXX 18.790.81 INSTITUTIONAL SHARES MONTHLY DIVIDEND 12/01/03 REINVEST DREYFUS CASH MANAGEMENT-CL A DICXX 18.790.81 18.790.81 INSTITUTIONAL SHARES DIVIDEND REINVEST 12/05/03 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICXX 3.100.000 1.0000 3.100.000.00 INSTITUTIONAL SHARES 12/09/03 SOLD DREYFUS CASH MANAGEMENT-CL A DICXX -29.185.111.01 1.0000 29,185,111.01 INSTITUTIONAL SHARES 12/09/03 DIVIDEND DREYFUS CASH MANAGEMENT-Cl. A DICXX 5,267.50 INSTITUTIONAL SHARES DIVS 12/31/03 CLOSINGSALANCE 0.00 TOTAL $-3.118.790.81 $29.209.169.32 021 01.01,04:12:54 001 EFTA00198052 CLEARED THROUGH ITS AlHeil? 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SBN•IIMI Cap. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 CA-4 Mevalech Contm NOM etCd001. New TA* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 5 STATEMENT PER100 November 29.2003 THROUGH December 31.2003 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER NUMBER 011FIk INTEREST LAST STATEMENT NOY/gill:0N 28.2003 CAE DESCRFTION SYMBOL C LtSIP OcANiire RATE IN; DEBIT AMOUNT CREW AMOUNT 12109/03 INTEREST ON CREDIT BALANCE 134.62 PRE PAY GRIM 11/21-120&03 12/29/03 INTEREST ON CREDIT BALANCE 134.69 RVS DUPE PYMT : PAID 1209/03 12/29/03 INTERS T N REDIT BALANCE 134.69 ACCT AT 00, 1/21 - 12120 TOTAL $-134.69 $269.31 MISCELLANEOUS DATE M3DAT TRANSACTION DESCRIPTION DEBIT AMOUNT C, ECIT .11t0,M 12/02/03 JOURNAL FROM: 3.155.000.00 PER WA • JRL • 12/09/03 JOURNAL Toe 134.62 PER LOA 12/09/03 JOURNAL Toe 29240,989.55 PER LOA 12110/03 JOURNAL Toe 5,267.50 COMPLETE A 12.'9 12/16/03 JOURNAL TOMI 163,004.42 PER LOA 12/16/03 JOURNAL 162004.42 PER LOA • JRL • TOTAL $.29A09.396.09 $1318.004.42 027 01,01A34:12:54 001 Y818 EFTA00198053 CLEARED THROUGH ITS YrisekLY CAM•E0 SUBSIDIARY OFFICE SERI/ICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 Dap. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 CcoMetioloch Contm North Becck/on. New Ye* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 6 STATEMENT PERIOD November 29.2003 THROUGH December 31.2003 ACCCUNT NUMBER U TAXPAYER WESER On Foe Your messages LAST STATEMENT November 28.2003 As part of the National Association of Securities Dealers (NASD) Investor la" Education Program, you may obtain information on the NASD's Public la" Excess SIPC Account Protection Update Bear, Steams Securities Corp, (BSSC'), a member of the Securities Investor Disclosure Program by contacting the NASD at telephone number (800) Protection Corporation CSIPC"), provides account protection for the net equity 289.9999 or via the intemet address which is www,nasdr,com, In addition, a of a customer's funds and securities positions. SIPC provides $500,000 of brochure explaining the Public Disclosure Program is available from the NASD primary net equity protection, including $100,000 for claims for cash ("SIPC upon request. Coverage,. Visit www.sipc.org for more information about SIPC Coverage. BSSC provides the additional protection ("Excess SIPC') through a commercial insurer, Effective February 16, 2004, the commercial insurer for Excess SIPC will change to Customer Asset Protection Company MAPCO", a licensed New York insurance company. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to its securities customers, but does not apply to losses from the rise or fall in the market value of investments or to SIPC ineligible assets such as options, futures, foreign exchange transactions, or any investment contracts that are not registered as securities. End of Statement 027 01,01,04:12:54 001 Y818 EFTA00198054 CLEARED THROLGT4 ITS YiTICsLY OMTLIE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SzeauLL S08,991 Cap. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York• Nen York 10179 Cc* Metroiech Cantor North aro:kW% New Yak 11201.3859 STEARNS INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZICHERMAN.IRA STATEMENT PERK* Noventer 1.2003 TELEPHONE THROUGH Noverneer 28.2003 VISIT OUR WEBSITE A./% bearstearns.com ACCOUNT NUMBER What's In This Statement Illllllllll II I III II TAXPAYER NUMBER On File LAST STATEMENT October 31.2003 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 FINANCIAL TRUST CO TTEE ' Transaction Detail 4 ATTN JEANIE BRENNEN Fund Activity 4 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Cash & Equvalent — $26.067/10 NET CREDIT BALANCE 1,390 t1C(ttn),I) $26.048.331 MONEY MARKET FUND BALANCE 26,066,320 NO Current market value NET EQUITY THIS PERIOD $26,067,710 §-o Last statements market value NET EOUITY LAST STATEMENT 26,048,331 CHANGE SINCE LAST STATEMENT 19,379 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Ploza ropui any drforonn a rowan% of chucks or socks, nelicolod as doltroral lo 10 Cleni Sonny; oi BOOTT04.14211: a ono lo Choi SoNkos a Soot Steam Saunas Ca,.. Co. lActoltun Casa NOM. BrooTbri, NY. 112014959 St ITTS winery fa diOrmasTusl passes oriy Ikea oltrided natal &TWO Tin statornord should be retailed for your records Soo worn coSofcc mortar/ nfainatin 027 11,2903:09:04 001 Ye is EFTA00198055 CLEARED 1HROUGH nS wilekLY 0"E0 SUBSIDIARY Beer. Szewns SOCwititi GOO. Ce4 Meal:tech COMO( HMO Beccidon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 of STATEMENT BACKER IS PRINTED ON THIS PAGE 027 11#2903:09:04 001 Y818 EFTA00198056 CLEARED TNROOOH ITS vnlDLLv 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Breams S0CwItItt COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Or4Lreeelech COMO( North Beccidon. New Tuft 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 ci STATEMENT PERU; N.:wafter 1.2003 THROUGH Novernter 28.2003 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER AVUSER On File MIS PERM YEAR TO DATE THIS PENG° LAST STATEMENT October 31.2003 Opening Balance $1,389.54 Dividends 19.379.40 289.110.77 Credit Balance Int. 0.00 121.52 Money Fund 19.379.40 Total $19,379.40 $289.232.29 Amount Credited $19.379.40 Money Fund -19.379.40 Amount Debited S-19.379.40 Portfolio Composition CashiCash Equivalent 26.067.710 Closing Balance $1.389.54 Total $26.067.710 Cash Balance Summary OPEAhO CLOSING Your Portfolio Cash 1.389.54 1.389.54 Allocation Net Cash Balance $1,389.54 $1,389.54 Cash 8 &pi/Went- 100% UnsPeRRI POMOnS 0enole oar Deena *nee •Mo•I mane ',Mae The elocam ;event'', ty awed 00101.te market rat), 01 IN yahoo 027 I1/2903:09:OA 001 V818 EFTA00198057 CLEARED THROUGH ITS Ot1h.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beef. Neon Seonmi Cap. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 0-41km:tech Cella North Becemon. New Ye* 11201.3019 STEARNS INSTITUTIONAL INTERESTS 4 vi STATEMENT PERIOD Novemter 1.2003 THROUGH Novernter 28.2003 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER NUMBER On File LAST STATEMENT WOW 31.2003 MARXE7 ESTIMATED CURREN/I' DESCRIPTION SIMBOLCUSIP QUANTITY PRICE YMUE MNUIL INCOME YELD DL/ CASH BALANCE 1.390 DREYFUS CASH MANAGEMENT-CL A DICXX 26.066.320.20 1.0000 26.066,320 234,597 0.9000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD .8900% TOTAL CASH & CASH EQUIVALENTS $26,067,710 $234,597 YOUR TOTAL ESTIMATED ANNUAL INCOME $234,597 YOUR PRICED PORTFOLIOHOLDINGS $26,067,710 Transaction Detail MONEY FUND ACTIVITY DATE MOOAY TRANSACTION DESCRIPTION STIADOLCUSIP OUNIRITY PRICE CERN AMOUNT CREDIT AMOUNT 11/01/03 OPENINGBALANCE 26,046,940.80 11/03/03 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICXX 19379.40 INSTITUTIONAL SHARES MONTHLY DIVIDEND 11/03/03 REINVEST DREYFUS CASH MANAGEMENT-CI. A DICXX 19.379.40 19.379.40 INSTITUTIONAL SHARES DIVIDEND REINVEST 027 11i29,03:09:01 001 Y818 EFTA00198058 CLEARED THROUGH ITS Pruett? Ot1PEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 Cap. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue Cc* Momloch Cerra North Becck/on. New Ye* 11201.3819 STEARNS New YY New York 10179 INSTITUTIONAL INTERESTS 5 STATEMENT PERIOD Noventer 1.2003 THROUGH Noventer 28.2003 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER WESER On File MONEY FUND ACTIVITY (continued) tsar STATEMENT &COM 31.2003 DATE MOAT TRANSACTICN DESCRIPTION SYMECUCUSIP GUMMY PRCE DEBIT AMOUNT Cason AMOUNT 11/28/03 CLOSINGEMLANCE 26,066,320.20 TOTAL 949,379.40 $19.379.40 Endo( Statement 027 11/20103,30:64 001 VSIS EFTA00198059 CLEARED THROUGH ITS wisCI.LY 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. &ter& SOC‘rititt Corp. BEAR Bear. Stearns & Co. Inc. Ore Metsolech Gerttet HORN 383 Madison Avenue eeCCidon. Hew VC* 1120/3959 STEARNS New York New York 10179 INSTITUTIONAL INTERESTS STATEMENT PERK* October 1.2003 ACCOUNT EXECUTIVE LICHERMAN.IRA TELEPHONE THROUGH Comte,. 31.2003 VISIT OUR WEBSITE ived.V nearstearrts.coM ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER NULI3ER On File LAST STATEMENT Seplefiltet 30.2003 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 FINANCIAL TRUST CO TTEE ' Transaction Detail 4 ATTN JEANIE BRENNEN Fund Activity 5 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio V.048.33 I Cash & Equvalent NET CREDIT BALANCE 1,390 829.806.372 MONEY MARKET FUND BALANCE 26,046,941 In Current market value ddi Last statements market value NET EQUITY THIS PERIOD $26,048,331 NET EOUITY LAST STATEMENT 29,806,372 CHANGE SINCE LAST STATEMENT -3,758,041 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Roza tow an/ Mama a contactim of duds or MOCKS, fidlcaucl as &Ifror to you. to Owl Samosa at 8006141428: a ,co to Clam soMcos a Boat Steam Scum*. Cap.. One MfOloct Cools, Honk BrooIhn, NY. II2014859 St TS, matuTY rs fa mianM0SROI wens only It Is ratamide., as ate dowers The stateenore should bemusedly your records Se ewe Sete immure recnefon 027 11.01.01:14:02 001 EFTA00198060 CLEARED 1HROUGH nS witekLY 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meactech COM0( HMO Beccidon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 0l5 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 11)01,03:14:02 001 Y818 EFTA00198061 CLEARED 1HRWGH ITS ?RANI? 0%1N.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BOON Saea•ns SOC,r44,1 Cap. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Nee York 10179 Ore Mevolech COMO( HMO etCCk/01. Hew Tek 11201.3819 STEARNS INSTITUTIONAL INTERESTS 3 c/ STATEMENT PERIOD OC10Def 1.2003 THROUGH October 31.2003 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER KAMER Cn File INS PEPtO YEAR TO DATE THIS PERIOD LAST STATEMENT September 30.2003 Opening Balance $13,514.66 Dividends 21.584.06 269,731.37 Credit Balance Int. 1.88 121.52 Money Fund 3,789,084.06 Total $21,585.94 $269.852.89 Funds Deposited 12,500.00 Dividends/Interest 1.88 Amount Credited $3.801,585.94 Portfolio Composition Money Fund -21.584.06 Casbleash Equivalent 26.048.331 Funds Withdrawn -563.089.00 Miscellaneous -3,229.038.00 Total $26.048.331 Amount Debited 5-3,813.711.06 Net Cash Activity -12.125.12 Closing Balance $1,389.54 Your Portfolio Allocation Cash Balance Summary OPEN NG CLOSING Cash 13,514.66 1.389.54 Net Cash Balance $13.514.66 $1,389.54 Cash & Eqmalent — 100% Unsexed POMOnS denote oar beau *nee ehol mane ',Mae The elnoom ;event'', ty aa•aea hem Ow 00101.e market rat), el yes patio" 027 11)01MS:14:02 001 leis EFTA00198062 CLEARED THRWGH ITS WIIOUv CAM•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. SZeirns SON, t4,1 Corp. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 CeoLlevetech Center North Beccidon. New Ye* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 4 c, STATEMENT PERIOD 001063f 1.2003 THROUGH Octobm 31.2003 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WESER On File LAST STATEMENT September 30.2003 MONET ESTIMATED CURFSNT DESCRIPTION SIMBOLCUSIP QUANTITY PRICE VALUE MNUIL INCOM YIELD I/4 CASH BALANCE 1.390 DREYFUS CASH MANAGEMENT-CL A DICXX 26.046.940.80 1.0000 26.046,941 234,422 0.9000 INSTITUTIONAL SHARES EST, 30 DAY AVG snap .8900% TOTAL CASH & CASH EQUIVALENTS $26.048.331 $234.422 YOUR TOTAL ESTIMATED ANNUAL INCOME $234.422 YOUR PRICEDPORTFOLIOHOLDINGS $26.048.331 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESCRPTICN DENT AMOLNT CREDIT AMOUNT 10/01/03 FND WIRED WIRED TO 538.089.00 E 10/09/03 CHECK CK plalliMACCT 12.500.00 INS N. L STS 10/10/03 CHECK swat ACCT 12.500.00 027 11)01,03:14:M 001 Y818 EFTA00198063 CLEARED THROUGH ITS YriseklY OtM•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 C0,0 Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 OtoMetsolech Center North BecciOon. New Ye* I1201.3819 STEARNS INSTITUTIONAL INTERESTS 5 STATEMENT PERIOD OCtOter 1.2003 THROUGH OCTOON 31.2003 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER PRIMER OR FIk DEPOSITS AND WITHDRAWALS (continued) LAST STATEMENT September 30.2003 DATE IPANSAcki, DESCRF1CN CEBIT AMOUNT CREDIT AMOUNT 10110/03 DEPOSIT HE iiiI ii E DEPOSIT 12.500.00 ST TOTAL S-563.089.00 $12.500.00 MONEY FUND ACTIVITY DATE MORAY TRANSACTION DESCRIPTION SYMEIX/CUSIP OVANTRY PRIDE DEBIT AMOUNT CREDIT AMOUNT 10/01/03 OPENINGBALANCE 29,792,856.74 10/01/03 SOLD DREYFUS CASH MANAGEMENT-CA. A DICXX -3.755..000 1.0000 3.755.000.00 INSTITUTIONAL SHARES 10/01/03 DIVIDEND DREYFUS CASH MANAGEMENT-CA. A DIC)0( 21.584.06 INSTITUTIONAL SHARES MONTHLY DIVIDEND 10/01/03 REINVEST DREYFUS CASH MANAGEMENT-CA. A DIC1C( 21.584.06 21,584.06 INSTITUTIONAL SHARES DIVIDEND REINVEST 10/09/03 SOLD DREYFUS CASH MANAGEMENT-CA. A DICK% -12,500 1.0000 12300.00 INSTITUTIONAL SHARES 10/31/03 CLOSINGSALANCE 26,046,940.80 TOTAL 821.584.06 $3.789.084.06 027 11)01,02:14:02 001 EFTA00198064 CLEARED THROUGH ITS 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet Sown& Sec.r.tei Got.. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Non York 10179 0 -41km:tech Contm North 0eock11n. Hew Ye* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 6 c/ STATEMENT PERIOD 0C1063f 1.2003 THROUGH October 31.2003 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER WEBER On FIIB INTEREST LAST STATEMENT September 30.2003 DATE DESGRPTIOU SYMEXX.SyStr, OJANTITe RITE I%) DEBIT AMOU'r MEDD AMOUNT 10/21/03 INTEREST ON CREDIT BALANCE 0.5000 1.88 AT 01,2% 09,2i THRU 10:20 TOTAL 51.88 MISCELLANEOUS DATE 03.17AT TRANSACTION DESCRPT-ok DEBT AMOUNT CgES0 IC&I:7 10101103 JOURNAL TO 3,229,038.00 PER TOTAL $3.229.038.00 End Of Statement 027 11)01,03:14:02 001 Y818 EFTA00198065 CLEARED THROWN ITS WIlCkLY CAM,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Steens Sedran Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York. New York 10179 Ce4 Mem:tech Coma North BecdOon. Hew VC* 11201.3859 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERIOD Niguel 30.2003 ACCOUNT EXECUTIVE ZICHaRMAN.IRA TELEPHONE THROUGH Sepleorter 30.2003 VISIT OUR VIESSITE 67A1 uearstearns.com ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER NW.:IER On He LAST STATEMENT August 29.2003 Financial Summary 3 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE Your Portfolio Holdings 3 ATTN JEANIE BRENNEN Transaction Detail 4 6100 RED HOOK QUARTER Fund Activity 4 SUITE B-3 Your Messages 6 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Important Message Bear Steams is pleased to Cash & Equivalent H $29.806.372 NET CREDIT BALANCE 13,515 $29.783.720 announce our conversion to a calendar month-end MONEY MARKET FUND BALANCE 29,792,857 statement. Effective this MO Current market value month. your account 031 Last statements market value statement reflects all NET EQUITY THIS PERIOD $29,806,372 activity and account valuation up to and NET EQUITY LAST STATEMENT 29,783,720 including the last business day of the month. CHANGE SINCE IAST STATEMENT 22,652 There are no 'Stop Lose orders or other pending buy or sell open orders on file for your account. Roza copal any clIforonoo a rooroalot of dud's or stocks. ntlicoloct as <karma to p5u. lo Gent Sonic*. of 800614.1428: a v.oto to Clad SONIC.. a Bow. Steam &canes Cap.. One I.Ittolocli Cala North. Broalyn. NY. 112014854 4K IBS anTMIYIS br deriancoal posers only els nN ileriled as a tar nand lln stateinire should be titans fa nor records Ss rovers* S. for ninon rionaton 027 92.0033:11:21 001 Y813 EFTA00198066 CLEARED 1HROUGH nS wilekLY 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. 0'414cm:tech Cord 1100.11 Beccidon. Hew Year 1120/3859 INSTITUTIONAL INTERESTS 2 PI STATEMENT BACKER IS PRINTED ON THIS PAGE 027 16131.'03:11:21 001 Y813 EFTA00198067 CLEARED THROUGH ITS ?RIMY OBB.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. SZeirns S0C‘nt.* Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 OtoLlevalech Conte North Beccidon. New Yak 112014869 STEARNS INSTITUTIONAL INTERESTS 3 vi STATEMENT PERM. August 30, 2003 THROUGH Septertbar 30.2003 ACCOUNT NUMBER Cash Flow Analysis Cash Balance Summary TAXPAYER KAMER On File THIS PEPo00 OPENING aoswe LAST STATEMENT August 29.2003 Opening Balance $13,508.84 Cash 13,508.84 13,514.66 Money Fund 22,645.52 Net Cash Balance $13,508.84 $13,514.66 Dividends/Interest 5.82 Amount Credited $22,651.34 Money Fund -22.645.52 Income Summary THT3 NER100 VENT 10 DATE Amount Debited 6-22.645.52 Dividends 22.645.52 248,147.31 Net Cash Activity 5.82 Credit Balance Int. 5.82 119.64 ClosingBatance $13,514.66 Total $22.651.34 $248.266.95 Your Portfolio Portfolio Composition Allocation CasttlCash Equivalent 29.806.372 Total $29.806.372 Your Portfolio Holdings CASH & CASH EQUIVALENTS mAPXET ESTIMATED CUAPEM meas.-ion SYMBWCUSIP DUMMY PRICE VALVE TAMA), MCCUE YEt0 I%) CASH BALANCE 13.515 Cash & Etvavalent — 10014 Un*oded morons denote oar Diono, *nee 00.1 mane veNee The Mtn:0m ;event'', is owes low By 00101.te market rate 01 Kv palloo 027 IONI03:11:21 001 V813 EFTA00198068 CLEARED THROUGH ITS wittily 0" ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Szeirns SeRnt4TE GNP. Bear. Stearns & CO. Inc. BEAR 383 Madison Avenue New York, New York 10179 Ore Mevolech Canto North &coop. New rot 11201.3859 STEARNS INSTITUTIONAL INTERESTS 4 rt STATEMENT PERIOD August 30,2003 THROUGH Septeorbar 30.2003 Your Portfolio Holdings (continued) ACCCUNT NUMBER CASH & CASH EQUIVALENTS (continued) TAXPAYER MASER On Fee LAST STATEMENT August 29.2003 IMP(E1 ESTIMATED CURRENT DESCRPRON SYMBOJCOSIP QUANTITY PRICE YN.DE ?MUM. INCOME YELO NI DREYFUS CASH MANAGEMENT-CL A DICXX 29,792,856.74 1.0000 29.792.857 268,136 0.9000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD .9200% TOTAL CASH & CASH EQUIVALENTS $29.806.372 $268.136 YOUR TOTAL ESTIMATED ANNUAL INCOME $268,136 YOUR PRICED PORTFOLIOHOLDINGS $29.806.372 Transaction Detail MONEY FUND ACTIVITY DATE wow TRANSACTION COMPTON SYMECUCUSIP ouomnv :NOCE DEBIT AMOUNT CREDIT ADICuta 08/30/03 OPENINGBALANCE 29,770,211.22 09/02/03 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DICXX 22.645.52 INSTITUTIONAL SHARES MONTHLY DIVIDEND 09/02/03 REINVEST DREYFUS CASH MANAGEMENT-CI A DIC)O( 22,645.52 22,645.52 INSTITUTIONAL SHARES DIVIDEND REINVEST 027 ICYOUO3:11:21 001 v813 EFTA00198069 CLEARED THROUGH ITS niCkul CAM,C0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Cc* Mevolech Center North Beccioon. New Ye* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 5 STATEMENT PERIOD RuBuSS 30,2003 THROUGH Septumter 30.2003 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER AVUSER On File MONEY FUND ACTIVITY (continued) LAST STATEMENT August 29,2003 DATE 'COAT TRINSICIKRI DESCRIPTION STIAECUCUSIP OWARRY PRCE DEBIT AMOUNT CREDIT AMOUNT 09/30/03 CLOSINGBALANCE 29,792,856.74 TOTAL $-22,645.52 $22,645.52 INTEREST DATE OESCRIPTICN STAIDOUCUSIP OUNRITY RATE IV CENT AMOUNT CREDIT AMOUNT 09122/03 INTEREST ON CREDIT BALANCE 0.5000 5.82 AT 0 1/2% 08/21 THRU 09/20 TOTAL $5.82 027 latIA33:11:21 001 YSIS EFTA00198070 CLEARED THROUGH ITS WHOLLY MBE() SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 1308i.SIWAS SOCuititt COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York. New York 10179 Cao Mem:tech Center HORN etCCidel. lie* Tv* 1120/3859 STEARNS INSTITUTIONAL INTERESTS 6 r/ STATEMENT PERIOD August 30.2003 THROUGH Septernter 30.2003 ACCOUNT NUMBER TAXPAYER NUMBER On File Your messages LAST STATEMENT August 29.2003 Securities and other assets in your account are the firm's collateral for any Ear Bear. Stearns Securities Corp. Net Capital and Net Capital Requirements: margin loan made to you, If the securities and other assets in your account At May 31, 2003 and July 31. 2003, the Company's net capital of decline in value, so does the value of the collateral supporting your loan, and. approximately $2.4 billion and $3.0 billion was approximately 6% and 7% of as a result, the firm can take action, such as issue a margin call and/or sell aggregate debit items and exceeded the minimum regulatory net capital securities or other assets in any of your accounts held with the member, in requirement of approximately $799,5 million and $904.4 million by order to maintain the required equity in the account It is important that you approximately $1.6 billion and $2.1 billion, all respectively, fully understand the risks involved in trading securities on margin. These risks include the following: A complete copy of the Bear. Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearsteams.com. Altematively, to You can lose more funds than you deposit in the margin account. request a free printed copy please call - toll free 1.666-299.9331. The firm can force the sale of securities or other assets in you account(s), The firm can sell your securities or other assets without contacting you, You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call. The firm can increase its 'house" maintenance margin requirements at any time and is not required to provide you advance written notice. You are not entitled to an extension of time on a margin call. 027 10,01.03:11:21 001 v8i3 EFTA00198071 CLEARED THROUGH ITS YrisC5LY 085.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Szeiree Secvehti Dap. Bear. Stearns 8 Co. Inc. BUR 383 Madison Avenue New YY New York 10179 Ore Momloch Cantof North Beccioon. New Toot 11201.3859 STEARNS INSTITUTIONAL INTERESTS 7 STATEMENT PERIOD August 30,2003 THROUGH Septetrbar 30.2003 ACCCUNT NUMBER U TAXPAYER WESER OfiFile LAST STATEMENT August 29.2003 This statement is provided to explain Bear, Steams & Co, Ina (BSC') payment for order flow practices. fige Pursuant to SEC Rule 11Ac1.6, please note the following: BSC routes a majority of orders for customer securities transactions to the Bear. Steams & Co. Inc. will post its quarterly routing statistics at the following primary market for such securities, Orders may also be routed to other market web link: http://wvm,bearsteams,comf, Click on Individual Investor. Click on service vendors that assure executions pursuant to complex mathematical Equities, Click on Order Routing Practices. formulas at better than the national best bid or best offer (NBB0). BSC receives no cash payment or other consideration for such order routing other Customers of Bear, Steams & Co, Inc, may request information on any order than favorable executions or executions of limit orders at no additional charge. executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders. End of Statement 027 10101103:11:21 001 Y813 EFTA00198072 CLEARED THRCOGH ITS YrtiC5LY OHY.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Boor. Szewn& SO8,444 Corp. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York. Nen York 10179 Cc* Metrotech Comm North Beccnon. Hew Toot 11201.3859 STEARNS INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE ZIC,HERMAN.IRR STATEMENT PER•00 Jug 26.2003 TELEPHONE THROUGH August 29.2003 VISIT OUR WEBSITE r.wivuearstearns.com ACCOUNT NUMBER What's In This Statement IIIIIIII111111111 II TAXPAYER WINER On Fite LAST STATEMENT Jug 25. 2003 Financial Summary 3 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE Your Portfolio Holdings 3 ATTN JEANIE BRENNEN Transaction Detail 4 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Important Message Bear Stearns is pleased to Cash a Eguralent — 429.783.720 NET CREDIT BALANCE 13,509 announce our conversion to rgaggramssw-i—ww=sre—wantrw—wantrime—wamei $29.760.241 a calendar month-end MONEY MARKET FUND BALANCE 29,770,211 statement. Effective Current market value September 2003.your Mg Last statements market value account statement will NET EQUITY THIS PERIOD $29,783,720 reflect all activity and account valuation up to and NET EOUITY LAST STATEMENT 29,760,241 including the last business day of the month. CHANGE SINCE IAST STATEMENT 23,479 There are no *Stop Loss' orders or other pending buy or sell open orders on file for your account. Roza ropHi aror Mate a norrroceire of tucks or Mocks. nelicolcul as doltrogoti to p5u. TRN RONTMN rs Ty ofOrmarrual Ffloses only It ra Yielded natal 8Carnert 10 Gent Sonion 01800634.1428: a nut- to nom SONICOS a Bow. Steam SucuMos Cap.. One IANNINI, Cooly Korth. 8rooRpt NY II201-3959 St llvs statornoN should borotanirct for your words Soo won* cdo for 'mortar/ nrcautire 027 083003:13:45 001 VS12 EFTA00198073 CLEARED 1HROUGH nS 0"E0 SUBSIDIARY Beer. Szewns SOCwititi GOO. Ce4 Meal:tech COM0( HMO Beccidon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 of STATEMENT BACKER IS PRINTED ON THIS PAGE 027 08,3803:13:45 001 Y812 EFTA00198074 CLEARED 1HRWGH ns vniCLLY 0AtLE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. Screams SONPCIA Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Nee York 10179 Ore Meesetech Cede North Beccidon. New Yolk 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 ci STATEMENT PERK* Jul/ 26.2003 THROUGH August 29.2003 ACCOUNT NUMBER Cash Flow Analysis Cash Balance Summary TAXPAYER MEAGER On File THIS PERICO CAVA,* CLOSING LAST STATEMENT Jul' 25. 2OO3 Opening Balance $13.503.03 Cash 13,503.03 13,508.84 Money Fund 23,473.00 Net Cash Balance $13,503.03 $13,508.84 Dividends/Interest 5.81 Amount Credited $23,478.81 Money Fund -23.473.00 Income Summary TM PERIOD YEAR 10 DATE Amount Debited $-23.473.00 Dividends 23,473.00 225,501.79 Nei Cash Activity 5.81 Credit Balance Int. 5.81 113.82 ClosingBalance $13.508.84 Total $23,478.81 $225,615.61 Your Portfolio Portfolio Composition Allocation Cash,Cash Equivalent 29.783.720 Total $29.783.720 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTIMATED CLAPENT DEsekPion SfM%IJWSIP OUANTTTY PRIZE VALUE MINNA/ INEWE TEI.0 IN) CASH BALANCE 13.509 Cash & Esmalent — 100% UnsPoded morons dimple oar Olonce *nee VArl mane veNee he elocom ;event'', ty owes Wm Ay 00101.te market AO, 01 Kv 027 08,3603:13:45 001 V812 EFTA00198075 CLEARED THROUGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns S0N, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Cc* Mevolech Contm North Beano. Hew Ye* 112013959 STEARNS INSTITUTIONAL INTERESTS 4 0 STATEMENT PERK* Jul/ 26.2003 THROUGH August 29.2003 Your Portfolio Holdings (continued) ACCCAJNT NUMBER CASH & CASH EQUIVALENTS (continued) TAXPAYER WESER On File LAST STATEMENT Jul' 25. 2003 PAARXE7 ESTIMATED CURRENT DESCROION SVAIBOJCUSIP OUMOITY PRICE VALUE /AWOL INCOME YEW I%1 DREYFUS CASH MANAGEMENT-CL A DICXX 29,770,211.22 1.0000 29.770,211 267,932 0.9000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD .9100% TOTAL CASH & CASH EQUIVALENTS $29.783.720 $267,932 YOUR TOTAL ESTIMATED ANNUAL INCOME $267.932 YOUR PRICED PORTFOLIOHOLDINGS $29,783.720 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE PATE TRANSACTION OESORPTION STIA3OUCUSIP OcANNTe PRICE DEBIT AMOUNT OREM AMOUNT 08/14/03 EXCHANGE WTS AMERICAN BANK NOTE 024377111 -2.151 HOLOGRAPHS KC DUE 06/18/03 EXP 06/18,2003 EXPIRED WTS TOTAL 027 O8,3OO3:13:45 001 YS12 EFTA00198076 CLEARED THROUGH ITS niCkLY O"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. szeirns socv,ht, Cory. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Ore Mosetech CaMeg NOM Beccidon. Nev. Yvk 11201.3559 STEARNS INSTITUTIONAL INTERESTS 5 STATEMENT PERK* Jul/ 26.2003 THROUGH August 29.2003 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER NUMBER 00 He MONEY FUND ACTIVITY LAST STATEMENT Jug 25.2003 DATE MORAY TRANSICTKOI DESCAIPTICAI SYMECUCUSIP DUMMY PRICE DEBIT AMOUNT GRUM AMOUNT 07/26/03 OPENINGBALANCE 29,746,738.22 08/01/03 DIVIDEND DREYFUS CASH MANAGEMENT-CI. A DIC/C( 23,473.00 INSTITUTIONAL SHARES MCHTHLY DIVIDEND oatovo3 REINVEST DREYFUS CASH FAANAGEMENT-Cl. A D1CXX 23,473 23,473.00 INSTITUTIONAL SHARES DIVIDEND REINVESTED 08/29/03 CLOSINGBALANCE 29,770,211.22 TOTAL $-23,473.00 $23.473.00 INTEREST DATE DESCRIPTION SSAMCIAXISIP °UNWED' RATE co men AMOUNT CREDIT AMOUNT 08/21/03 INTEREST ON CREDIT BALANCE 0.5000 5.81 AT 0 1/2% 07/21 THRU 08/20 TOTAL $5.81 End of Statement 027 02130/03:13:40 001 Vilt2 EFTA00198077 CLEARED THROUGH ns W1ICU.Y 01WE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 5081.SItaMS SOOtrititt COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York Nee York 10179 CD* Mettle<h Conte( Noah StCCidel. Ne* rot MEM/38Se STEARNS INSTITUTIONAL INTERESTS ZICHEHMAN.IRA STATEMENT PER100 June 28.2003 ACCOUNT EXECUTIVE TELEPHONE THROUGH Jut' 25.2003 VISIT OUR WEBSITE ITMY co' stearrs.com ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER NUMBER ON File LAST STATEMENT June 27.2003 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 FINANCIAL TRUST CO TTEE ATTN JEANIE BRENNEN Transaction Detail 5 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Cash S Equvalent H $29,760.241 NET CREDIT BALANCE 13,503 (it 533.497.776 .•. MONEY MARKET FUND BALANCE 29.746.738 Equities t22 NET EQUITY THIS PERIOD $29.760.241 Current market value infil Last statement's market value NET EQUITY LAST STATEMENT 33.497.798 CHANGE SINCE LAST STATEMENT -3.737.557 •TMs p0(110110 dieludel ono or moro unpelcod UMW'S°. rat No na 'elected n to Taal Yen of Semobes and Om Nee (poly Then Perm& There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. FIOMO mood oaf ditorocoo or rotwooNot of toes or stocks. melicolod as derma to you. lo Clent Sonic*. 01 800631.1128: a ymto to ChM SONIC.. a Boa. Steam &conies Cop.. Caw lArhokKt, Coolly North. BrooNri, NY 112013859 ST SMT•TerY for elEccomemsel pwposes at k as a rat doomed Mu scalene, amid Et retained ex your records Set ream S. for MCCAW rearm:03n 027 07/2603:10:13 001 Yell EFTA00198078 CLEARED 1HROUGH RS YiHMV 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meal:tech COM0( HMO acedCon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 0, II STATEMENT BACKER IS PRINTED ON THIS PAGE 021 074803:10:13 001 Y811 EFTA00198079 CLEARED 1HRWGH nS WIIOUv 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. szeirhs sehritit, tors Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 OtoLlevalech Cerra NOM Beccidon. New Tuft 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 STATEMENT PERM June 28.2003 THROUGH Jul/ 25.2003 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER AMMER On File RC PEN® YEN; TO DATE THIS PERICO LAST STATEMENT June 27.2003 Opening Balance $15,625.68 Dividends 29388.10 202,028.79 Credit Balance Int. 6.35 108.01 Money Fund 3,794,588.10 Total $29,594.45 $202,136.80 Dividends/Interest 6.35 Amount Credited $3,794,594.45 Money Fund -29.588.10 Portfolio Composition Funds Withdrawn -538.090.00 CashiCash Equivalent 29.760,241 Miscellaneous -3.229.039.00 Total $29,760,241 Amount Debited 9-3 796 717.10 Net Cash Activity -2.122.65 ClosingBalance $13,503.03 Your Portfolio Allocation Cash Balance Summary 0fFra,G CUZGINO Cash 15.625.68 13,503.03 Net Cash Balance $15.625.68 $13.503.03 Cash 8 Eq..valent — 100% UnsPodecl Verne, denies coot Olen", *nee tete market "Mee Teo element. ;event'', 6, pewee hen *a able.te market rat), al >vv palkno 027 074803:10:13 001 Yell EFTA00198080 CLEARED THROUGH RS vAAXAY OHNE° SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BAAL Szea•ns S0C.A.M.1 CNA. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Non York 10179 CA* Metsciecn Comm North Becmoon. New Tem I I201.3SS9 STEARNS INSTITUTIONAL INTERESTS 4 vi STATEMENT PERM June 28.2003 THROUGH July 25.2003 Your Portfolio Holdings ACCOUNR NUMBER CASH & CASH EQUIVALENTS TAXPAYER PAM3ER On FIk LAST STATEMENT June 27.2003 MONET ESTIMATED CURRENT DESCRIPTION SYMBCA/CuSIP QUANTITY PRICE VALUE NM& SCAM YEL0 114 CASH BALANCE 13.503 DREYFUS CASH MANAGEMENT-CL A DICXX 29,746,738.22 1.0000 29.746,738 327,214 1.1000 INSTITUTIONAL SHARES EST, 30 EIAY AVG VELD .9100% TOTAL CASH & CASH EQUIVALENTS $29.760.241 $-327.214 EQUITIES Equities & Options ACCT WKS ESTATATED CURRENT DESCRATION SITIBONCUSIP TYPE mum PRCE VALLE ANNAN. INCOIAE YEW IIM WTS AMERICAN BANK NOTE 024377111 CASH 2,151 IMpriced HOLOGRAPHICS INC DP 06118/2003 Total Equities& Options $0 SO TOTAL EQUITIES $0 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $327.214 YOUR PRICED PORTFOLIOHOLDINGS $29.760.241 027 074603:10:12 001 YS11 EFTA00198081 CLEARED IHRWOH ITS O"EO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SON, 14,1 Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Cc* Mon:tech CarrIN NOM Beano. New VC* I i2DI .3859 STEARNS INSTITUTIONAL INTERESTS 5 c/ STATEMENT PERIOD June 28.2003 THROUGH Jul/ 25.2003 Transaction Detail AccouNT NUMBER ■ TAXPAYER AUMER On File DEPOSITS AND WITHDRAWALS LAST sTATEmENT June 27.2003 DATE TRANSACT-4N DESCRP1CN DEBIT AIAERANT CREDIT AMOUM 07/01/03 FND WIRED WIRED TO 538,090.00 TOTAL $538.090.00 MONEY FUND ACTIVITY DATE MODAT TRNJSACTKIN DESCRIPTCN SYMEWCUSIP DUMMY PRCE DEBIT AMOUNT CREDIT AMOUNT 06/28/03 OPENINGBALANCE 33.482.150.12 07/01/03 SOLD DREYFUS CASH MANAGEMENT-CA. A DICXX -3,765,000 1.0000 3,765,000.00 INS11TUTIONAL SHARES 07/01/03 DIVIDEND DREYFUS CASH MANAGEMENT-CA. A DICA 29.588.10 INSTITUTIONAL SHARES MONTHLY DIVIDEND 07/01/03 REINVEST DREYFUS CASH MANAGEMENT-CA. A DICXX 29.588.10 29,588.10 INSTITUTIONAL SHARES DIVIDEND REINVESTED 07/25/03 CLOSINGBALANCE 29,746,738.22 TOTAL $.29.588.10 $3.794.588.10 INTEREST DATE OESCRPTION STME/CliCUSIR DUMMY RATE IV*/ OEM! AMOUNT CREDIT AMOUNT 07/21/03 INTEREST ON CREDIT BALANCE 0.7500 1.30 AT 0 3.14% 06r2I THRU 06124 027 07,2503:10:33 001 EFTA00198082 CLEARED THROUGH ITS niCkLY 0" ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Cc* Mevolech Contm North BecciOon. New Ye* 11201.3559 STEARNS INSTITUTIONAL INTERESTS 6 STATEMENT PER100 June 28.2003 THROUGH Jul/ 25.2003 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER WESER OR File INTEREST (continued) LAST STATEMENT June 27.2003 Oki DESORPTION STME/CtrOLISIP DUMMY RATE I% DEBIT AMOUNT CREW AMOUNT 07/21/03 INTEREST ON CREDIT BALANCE 0.5000 5.05 AT 0 1/2% 06125 THRU 07/20 TOTAL $6.35 MISCELLANEOUS DATE MCYDAT TRANSLCTCN DESCRIPTION DEBIT AMOUNT CREPT NSOUNI' MI 07/01/03 JOURk, . TO IW 3,229,039.00 PER TOTAL $3,229,039.00 End of Statement 027 074601:10:12 001 YS11 EFTA00198083 GUANU) 11113C0311 I1S YmCklY 0"E0 SUBSINAAY OFFICE SERVICING YOUR ACCOUNT Rew. Szeaws Soorwer Cook Beer. Stearns 8 Co. Inc. BffiR 383 Madison Avenue New York New York 10179 Cc* MetsaleCh Center North Becck/in, New Vet 11201.3859 STURNS INSTITUTIONAL INTERESTS ACCOUNT EXECUTIVE LICHERMAKIRA STATEMENT PERU> May 31.2003 TELEPHONE TNROUGH June 27.2003 VISIT OUR WESSITE nnteaisteams.com POLOWI NUMBER What's In This Statement 11111111111111111 II TAXPAYER NUMER On file LAST STATT:MENT May 30.2003 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 FINANCIAL TRUST CO TTEE ATTN BRENNEN Transaction Detail 5 6100 RED HOOK OUARTER Fund Activity 5 SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Important Massage ConlinnatIon: Unless we Lask S Eginia"r — hear from you lo the TOTAL VALDE OF SECURffIES THIS PERIOD 22 t""="" --... ................................................................. $ :.:34 97..78784 .668 6 contrary, it is ois NET CREDIT BALANCE 15,626 understanding that any free Equoles Ą $22 $22 credit balances in your MONEY MARKET FUND BALANCE 33,482,150 account are being am Current ~ket valur maintained to facilitet° your intention lo inved NET EOUITY TIIIS PERIOD $33,497,798 2:41 Last statements market value such amounts through us. NET EOUITY LAST STATEMENT 33,568,906 CHAtraE SINCE LAST STATEMENT -71,109 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Plaza repen ary ankronw or nanteee9X ol Chatki or SIOCkS. •ICIC0100 z altrerod la stu. lin Gunnar/ for nfernabnal pants anty Ris not Model matat ~nn b C11001 Samme al 900631.1129: er vat lo Cleni opoko. at Beat. Saarrn &cumo§ Dos staternerc skuld be Mamci fix your morsk Sn new NOR for ~In neconacco CnP.. One Melrolech Center Nom. Orookbn, NY 112014859 027 OP2801:12:00 001 V808 EFTA00198084 CLEARED 1HROUGH RS YiHMV 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meal:tech COM0( HMO acedCon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 0, II STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0028.133:12:00 001 Y808 EFTA00198085 CLEARED THROOOH 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns S0N, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Ore Mevolech Contm North Beccidon. New Tuft 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 al STATEMENT PERM May 31.2003 THROUGH June 27.2003 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER AMBER On Flk PC PERIOD YEAR TO DATE THIS PER100 LAST STATEMENT May 30.2003 Opening Balance $18,269.27 Dividends 31.534.34 172,440.69 Credit Balance Int. 12.32 101.66 Money Fund 131.534.34 Total $31,546.66 $172,542.35 Funds Deposited 6.601.09 Dividends/Interest 12.32 Amount Credited $138,147.75 Portfolio Composition Money Fund -31.534.34 Cash/Cash Equivalent 33.497,776 Funds Withdrawn -109.256.00 Equities 22 Amount Debited $-140.790.34 Total $33 497 798 Net Cash Activity -2.642.59 ClosingBalance $15.625.66 Your Portfolio Allocation Cash Balance Summary OPEN AO CLC61N0 Cash 18.268.27 15,625.68 Net Cash Balance $18.269.27 $15,625.68 Cash & Egwialent- 100% UnsPodecl GoMons denote as Dino, *nee !NH male voLee Mt, elocahm ;event'', ty oe•aee low Ira o0ea1JF market rat), pi yes patkno 027 OW843:12:00 001 Y8O8 EFTA00198086 CLEARED THRWGH ITS CAM,ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beef. Neon Seceet.1 Dap. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Nee York 10179 CeoLlevelech Cella HMO Betatron. New re* I I2DI.38S9 STEARNS INSTITUTIONAL INTERESTS 4 c/ STATEMENT PERIOD May 31.2003 THROUGH June 27.2003 Your Portfolio Holdings ACCOUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER MAWR On File LAST STATEMENT May 30.2003 MARKET ESTIMATED SURRINT DESCRIPTION SYMBOUSUSIP OUANTITT PRICE VALUE MNUIL INCOME YELO 174 CASH BALANCE 15.626 DREYFUS CASH MANAGEMENT-CL A DICXX 33,482,150.12 1.0000 33.482.150 368,304 1.1000 INSTITUTIONAL SHARES EST, 30 EIAY AVG VELD 1.0200% TOTAL CASH & CASH EQUIVALENTS $33.497.776 $368.304 EQUITIES Equities & Options ACCT IMRKET ESTMATED CURRENT DESORPTION SAIBOL'CUSIP nfl amain PRCE VALUE ANATOL INCOME YEW 1%) WM AMERICAN BANK NOTE 024377111 CASH 2,151 0.0100 22 HOLOGRAPHICS INC 06:18/2003 Total Equities& Options $22 $0 TOTAL EQUITIES $22 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $368.304 YOUR PRICED PORTFOLIOHOLDINGS $33.497.798 027 0828.133:12:00 001 2809 EFTA00198087 CLEARED THRWGH ITS VIIleklY CA1h.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 0-41km:tech Center North Beccidon. New Ye* 11201.3559 STEARNS INSTITUTIONAL INTERESTS 5 STATEMENT PERIOD May 31.2003 THROUGH June 27.2003 Transaction Detail ACCOUNT NUMBER ■ TAXPAYER KAMER On Pk DEPOSITS AND WITHDRAWALS LAST STATEMENT May 30.2003 OVE IRM4SACTCN DESCRPTION CEBIT AMOUNT CREDIT AMOUNT 06/13/03 DEPOSIT EINSTEIN NOAH BAGEL CORP 6,601.09 00 INSTITUTIONAL INTEREST FLEET BK 06/18/03 FND WIRED WIRED TO 109.256.00 r04797 TOTAL $-109.256.00 $6,601.09 MONEY FUND ACTIVITY DATE MDOAT TPANSACTKBI DESCRIPTION SYMEAJUISIP Gummy PRICE DEBIT AMOUNT CREDIT AMOUNT 05/31/03 OPENINGBALANCE 33,550,615.78 06102/03 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DIC)C( 31,534.34 INSTITUTIONAL SHARES MONTHLY DIVIDEND 06/02/03 REINVEST DREYFUS CASH MANAGEMENT-CA. A DIC)C( 31.534.34 31.534.34 INSDTUTIONAL SHARES DIVIDEND REINVESTED 06118103 SOLD DREYFUS CASH MANAGEMENT-CA. A DIC)C( -100.000 1.0000 100.000.00 INSTITUTIONAL SHARES 06/27/03 CLOSINGBALANCE 33.482.150.12 TOTAL $-31,534.34 5131.534.34 027 002841:12:00 001 EFTA00198088 CLEARED THRWGH ITS VIIleklY CAM‘.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC‘,44,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Cc* Mevolech Contm North BecciOon. New Ye* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 6 STATEMENT PER100 May 31.2003 THROUGH June 27.2003 Transaction Detail (continued) ACCOUNT NUMBER ■ TAXPAYER AMBER OR File INTEREST LAST STATEMENT May 30.2003 DATE DESCRPTKIN SYMEICIAVSIP PAUCITY RATE I%1 DEBIT AMOUNT caED11 AMOUNT 06/23/03 INTEREST ON CREDIT BALANCE 0.7500 12.32 AT 03/4% OS/21 THRU 06/20 TOTAL $12.32 End of Statement 027 002803:12:00 001 Y808 EFTA00198089 CLEARED THRCOGH ITS YRIOU.Y 01W.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT seer. SOWS SOOwiliti CVO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York New York 10179 hm Mottotech Cooler Noah Elecck,on. Nee wec 1120/3959 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERK* April 26.2003 ACCOUNT EXECUTIVE Z:CHERMAN.IRA TELEPHONE THROUGH May 30.2003 VISIT OUR WEBSITE 61A1 uearstearns.com ACCOLM NUMBER What's In This Statement IIIIIIIIIII 111111 II TAXPAYER NUMBER On File LAST STATEMENT April 25.2003 Financial Summary 3 INSTITUTIONAL INTERESTS 4 FINANCIAL TRUST CO TTEE Your Portfolio Holdings ATTN JEANIE BRENNEN Transaction Detail 5 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Cash s Equvalent H 633.568.884 TOTAL VALUE OF SECURITIES THIS PERIOD 22 $33.537.960 NET CREDIT BALANCE 18.268 $22 Equities 1 MONEY MARKET FUND BALANCE 33.550.616 822 Current market value NET EQUITY THIS PERIOD $33.568,906 Ed Last statement's market value NET EOLIITY LAST STATEMENT 33.537.982 CHANGE SINCE LAST STATEMENT 30,924 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Plozo topon oaf 0fforocoo a nontoceigt of team or socks, calcolal as cloltrogoti lo you. b ClOol Sonic*. 01 880614.1428: a veto lo ChM Santos a Bow. Steam SecuMos Coup.. Co. lArholoch Cool. Hodh. BrooN>n, NY 112013859 St TresswaTerVeser Tercomeoed pwposes **els not Needed as a Um doomed TMs solemn Odad be retaned for your records Soo reverse ode fa irrocclott rearm:ton 027 053103:15:20 001 EFTA00198090 CLEARED 1HROUGH nS 0"E0 SUBSIDIARY Beer. Szewns SOCwititi GOO. Ce4 Meal:tech COM0( HMO Beccidon. Hew Year 1120/3859 INSTITUTIONAL INTERESTS 2 of STATEMENT BACKER IS PRINTED ON THIS PAGE 027 05,31,0305:30 001 V644 EFTA00198091 CLEARED 1HRWGH ITS niCkLY OUnEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear. Szea•ns Soc,r4t, Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Nee York 10179 Ore Maoloch Conte NOM etCCk/O1. New To* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 a1 s STATEMENT PERO° RCN! 26.2003 THROUGH May 3O.2OO3 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER NUMBER CO Fite PC PEN® YEAR TO DATE THIS PERIOD LAST STATEMENT 4n1 25, 2003 Opening Balance $18,256.86 Dividends 30.912.72 140,906.35 Credit Balance Int. 11.41 89.34 Money Fund 30,912.72 Total $30,924.13 $140,995.69 Dividends Interest 11.41 Amount Credited $30,924.13 Money Fund -30.912.72 Portfolio Composition Amount Debited $-30.912.72 CashCash Equivalent 33.568.884 Net Cash Activity 11.41 Equities 22 ClosingBalance $18.268.27 Total 533.568.906 Your Portfolio Cash Balance Summary Allocation 0EEN "O CLOSING Cash 18.256.86 18.26827 Net Cash Balance $18.256.86 $18.268.27 Cash & Epavalent — 100% UnsPead morons 0enoie oar Deena *nee ,t,o•I mane wan', The elocam ;event'', to awed km Ow 00101/e market rat), 01 Kv patio" 027 053103:15:20 001 7644 EFTA00198092 CLEARED THROUGH ITS wittily 0"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BOP. SZeirns SON, t4,1 GNP. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Ore Metsolech Contm North Beccioon. New To* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 4 vi STATEMENT PERO° ROW 26.2003 THROUGH May 30.2003 Your Portfolio Holdings ACCCUNT NUMBER TAXPAYER NUMBER Cu Fite CASH & CASH EQUIVALENTS LAST STATEMENT Apfel 25,2003 MARKET ESTIMATED CURRENT DESORPTION SrTISCLCUSiP UMW( PRICE VALUE !MUM INCOME VELD IW CASH BALANCE 18.268 DREYFUS CASH MANAGEMENT-CL A DICXX 33,550,615.78 1.0000 33.550,616 369,057 1.1000 INSTITUTIONAL SHARES ESL 30 DAY AVG YIELD 1.1200% TOTAL CASH & CASH EQUIVALENTS $33.568.884 5369.057 EQUITIES Equities & Options (OCT MANCEI ESTRUM° COMM DESORPTION SYMBOL'CUSIP Trot OU.Mi'M' PRCE VALUE ANMML INCOIAE YEW I%) WTS AMERICAN BANK NOTE ABHHW CASH 2.151 0.0100 22 HOLOGRAPHICS INC EXP OE:IR/2003 Total Equities& Options $22 SO TOTAL EQUITIES $22 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $369.057 YOUR PRICED PORTFOLIOHOLDINGS $33.568.906 02/ OS 3103:1S:30 001 1644 EFTA00198093 CLEARED THROUGH RS ?mow, °MED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON•thel Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Ore Mevolech Cont“ North Beccidon. New Ye* 11201.3858 STEARNS INSTITUTIONAL INTERESTS 5 STATEMENT PERIOD Pad 26.2003 THROUGH May 30.2003 Transaction Detail ACCOUNT NUMBER ■ TAXPAYER AMBER On File MONEY FUND ACTIVITY LAST STATEMENT WI 25.2003 DATE MOAT TRANSICIKN DESCRIPTION SYMEPOLICUSIP DUAMITY pARCE DEBIT AMOUNT CREDIT AMOUNT 04/26/03 OPENINGBALANCE 33,519,703.06 05/01/03 DIVIDEND fraYrtilaaSUARGEMENT-CA. A DICA 30,912.72 MONTHLY DIVIDEND 05/01/03 REINVEST DREYFUS CASH MANAGEMENT-CL A DICA 30.912.72 30.912.72 INSTIRDIONAL SHARES DIVIDEND REINVESTED 05/30/03 CLOSINGBALANCE 33.550.615.78 TOTAL $40.912.72 $30,912.72 INTEREST DATE DESORPTION STAIDCL.CUSIP OUMITITY RATE N OETAT AMOUNT MEW AMOUNT 05/21/03 INTEREST ON CREDIT BALANCE 0.7500 11.41 AT 0 3/4% 04121 THRU OS/20 TOTAL $11.41 End of Statement 027 05,31003:15:30 001 V644 EFTA00198094 CLEARED THROUGH NS wisekLY 00S.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZewn,, SON•ititi 0010 Bear. Stearns & CO. Inc. BEAR 383 Madison Avenue New York• Nee York 10179 Can Mentech Coster North Becci001. New To* 11201.3859 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERK* Minh 29.2003 ACCOUNT EXECUTNE LICHERMAN.IRA TELEPHONE THROUGH Agll 25.2003 VISIT OUR WESSITE IVIA1 bear steams.com ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER NULNER On File LAST STATEMENT Marsh 28.2003 Financial Summary 3 INSTITUTIONAL INTERESTS 4 FINANCIAL TRUST CO TTEE Your Portfolio Holdings ATTN JEANIE BRENNEN Transaction Detail 5 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Cash & Equvalent H 7.960 TOTAL VALUE OF SECURITIES THIS PERIOD 22 Air 637.336.317 NET CREDIT BALANCE 18,257 622 Equmes _I MONEY MARKET FUND BALANCE 33,519,703 $22 Current market vabe NET EQUITY THIS PERIOD $33,537,982 ME Last statements market value NET EOUITY LAST STATEMENT 37,336,339 CHANGE SINCE IAST STATEMENT -3,798,357 There are no 'Stop Loss' orders or other pending buy or sell open orders on tile for your account. Roza row any diforonoo a unionise of twits or mocks, neficoiod as &Own 10 Lou. 10 Clem Boman m800044420 a sato to Clem SONIC.). a BOW. Room Socumos Cap.. Co. lAnoloch Coolly North. 8rooNri, NY. 112013859 SIM 1/01 ards10/ 11 nr nfOrnand rants only Rasta earned natal &nand Tin staternorn should be Maned for your records See wont on AN mortars nfainatin 027 04,260302:12 001 Y643 EFTA00198095 CLEARED 1HROUGH nS 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meal:tech COM0( HMO Beccidon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 al 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 012603:12:12 001 Y643 EFTA00198096 CLEARED THRWGH ITS vrisexLY OBBE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SONX*1 COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 CeoLlevolech Conte North Becck/on. New TB* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 o STATEMENT PERIOD March 29.2003 THROUGH ApfII 25.2009 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER MAWR On File TRS PERIOD YEAR TO DATE THIS PERICO LAST STATEMENT March 28.2003 Opening Balance 53.249.26 Dividends 36.634.60 109,993.63 Credit Balance Int. 7.60 77.93 Money Fund 3.886.634.60 Total $36.642.20 $110,071.56 Dividends Interest 7.60 Amount Credited $3.886.642.20 Money Fund -36.634.60 Portfolio Composition Funds Withdrawn -548.000.00 Cashreash Equivalent 33.537.960 Miscellaneous -3.287.000.00 Equities 22 Amount Debited $4.871.634.60 Total $33.537,982 Net Cash Activity 15,007.60 Closing Balance $18,256.86 Your Portfolio Allocation Cash Balance Summary OPENING ClCcirgi Cash 3,249.26 18,256.86 Net Cash Balance $3.249.26 $18.256.86 Cash & — 100% Cotten' pomons denote oar Dion°, *nee Orr marke voLoo The ol000hm ;event'', to awed horn 00101.te market robe or Nv Patio" 027 04250312:12 001 Y643 EFTA00198097 CLEARED THROUGH ITS ...RIMY 0"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 Dap. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Ore Mem:tech Cella North Beccidon. New VC* 11201.3559 STEARNS INSTITUTIONAL INTERESTS 4 vi STATEMENT PERIOD Mardi 29.2003 THROUGH *11 25.2009 Your Portfolio Holdings ACCOUNT NUMBER ■ TAXPAYER WESER On Flk CASH & CASH EQUIVALENTS LAST STATEMENT Muth 28.2003 MORS ESTIMATED CURRENT DESORPTION ErTISCLOUSiP QUANTITY PRICE VALUE AANAIL INCOME YIELD I%1 CASH BALANCE 18.257 DREYFUS CASH MANAGEMENT-CL A DICXX 33,519,703.06 1.0000 33.519.703 402,236 1.2000 INSTITUTIONAL SHARES ESL 30 DAY AVG YIELD 1.1200,4 TOTAL CASH & CASH EQUIVALENTS $33.537.960 $402,236 EQUITIES Equities & Options ANT MANCEI ESTRIME0 OMENS DESORPTION SYMBOLOUSIP TN ()Willy PRCE VALUE ANATOL INNOAE YEW I% WTS AMERICAN BANK NOTE ABHHW CASH 2.151 0.0100 22 HOLOGRAPHICS INC EXP 06:18/2003 Total Equities& Options $22 SO TOTAL EQUITIES $22 So YOUR TOTAL ESTIMATED ANNUAL INCOME $402.236 YOUR PRICED PORTFOLIOHOLDINGS $33.537,982 027 042603:12:12 001 '.543 EFTA00198098 CLEARED THROUGH ITS wittily 0"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Non York 10179 Cc* Mevolech Cella North Becemon. New To* I1201.3819 STEARNS INSTITUTIONAL INTERESTS 5 v/ STATEMENT PERIOD Mardi 29.2003 THROUGH ROM 292003 Transaction Detail ACCOUNT NUMBER TAXPAYER WESER On Fee DEPOSITS AND WITHDRAWALS LAST STATEMENT Muth 28.2003 DATE TRANSAC DESCAP"IEN CREDIT AMOUNT MONEY FUND ACTIVITY DATE MaDAT TRANSACTION DESCRIPTPN SYMBOUCUSIP DUMMY PRCE DEBIT AMOUNT CREDIT AMOUNT 03/29413 OPENINGBALANCE 37.333.068.46 04/01/03 SOLD DREYFUS MANAGEMENT-a. A DIOC< -3.850.000 1.0000 3.850.000.00 INSTITUTIONA CAL SHARES 04/01/03 DIVIDEND RAVrtitkaStrEMENT-CL A DICA 36.634.60 MONTHLY DIVIDEND 04/01/03 REINVEST RiaVrtitik&SMGEMENT-Cl. A DICA 36934.60 36,634.60 DIVIDEND REINVESTED 04/25/03 CLOSINGBALANCE 33,519,703.06 TOTAL $36.634.60 $3.886.634.60 INTEREST DATE DESCRIPTION STMBOUCUSIP OUANTITY RATE IY4 GENT AMOUNT CREDIT AMOUNT 04/21/03 INTEREST ON CREDIT BALANCE 0.7500 7.60 AT 0 3/4% 03/21 THRU 04/20 TOTAL 37S0 027 042603:12:12 001 Y643 EFTA00198099 CLEARED THROUGH ITS 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. Saee•ns S0N, t4,1 Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, Nee York 10179 OtoLletsolech Centec North Beccidon. New Ye* 11201.3819 STEARNS INSTITUTIONAL INTERESTS 6 c/ STATEMENT PERIOD Mardi 29.2003 THROUGH Aptil 25.2009 Transaction Detail (continued) ACCOUNT NUMBER ■ TAXPAYER AVUMER On File MISCELLANEOUS LAST STATEMENT Muth 28.2003 DATE 1.11DAY TIUNSACT:CN CESCR[PT Cr. DEB? AMCW41 CREPT ANOINT 04/0133 JOURNAL TO 3,287,000.00 PER WA TOTAL $3.287,000.00 Endof Statement 027 01,2601:12:12 001 EFTA00198100 CLEARED THROUGH ITS %THOU.*? 01M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Ben Steams $eou•ibel Cap. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 OneMentech Corder Noah Becck,on. Ne* Ye* 1120/3859 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERIOD MUCH 1.2003 ACCOUNT EXECUTIVE :*-11 HMAN.1RA TELEPHONE THROUGH March 28.2003 VISIT OUR WEBSITE ee/AVuearstearns.com ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER NUMBER On FIN LAST STATEMENT February 28.2003 Financial Summary 3 INSTITUTIONAL INTERESTS FINANCIAL TRUST CO TTEE Your Portfolio Holdings 4 ATTN JEANIE BRENNEN Transaction Detail 5 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 Your Messages 6 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio 837.336.317 TOTAL VALUE OF SECURITIES THIS PERIOD 22 Cash 8 Equvalent .. ... $37.302.200 NET CREDIT BALANCE 3.249 $22 Equities 1 MONEY MARKET FUND BALANCE 37.333.068 $22 IIIII Current market value NET EQUITY THIS PERIOD $37.336.339 {gm Last statement's market value NET EQUITY LAST STATEMENT 37.302.222 CHANGE SINCE LAST STATEMENT 34,118 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Plo.ma tome oaf Offoronoo a rcorooNgt of teas or sKKks. eidicolod as doltrorod to p5u. 1/ 0SasysTarYNEDT nrsonsbonsl peones ally. lo ClOol Sonic*. al 8C0614.1428: a veto to Clam SoNkros a Bon Smarm SccuMos Cap.. One Mann+ Goole Non. Bronyn, NY. I12014104 t not needed as a Lis docunert. Tin statemerl nand be mined for your records Set reverse ten Winsome egomuton 027 0129.03:11:19 001 Y642 EFTA00198101 CLEARED 1HRCO3H nS WHOLLY OWNED SUBSIDIARY BOW. SOMAS SO•uclORS COO. Ono Llevotech Center Hann BreaIgn. Hew Vcdc 11201.3859 INSTITUTIONAL INTERESTS 2 al 8 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 012903:11:19 001 Y642 EFTA00198102 CLEARED THRWGH ITS ?RIMY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SON, 14,1 Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Ore Mevolech Centro North eecck/on. New To* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 c, STATEMENT PERIOD Mardi 1.2009 THROUGH Mardi 28.2003 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER WESER On File DC PERIOD YEAR TO DATE THIS PERIOD LAST STATEMENT February 28.2003 Opening Balance $3.181.71 Dividends 34.050.94 73,359.03 Credit Balance Int. 0.00 70.33 Money Fund 34.050.94 Total $34,050.94 $73.429.36 Funds Deposited 67.55 Amount Credited $34.118.49 Money Fund -34.050.94 Portfolio Composition Amount Debited S-34.050.94 CashtCash Equivalent 37.336,317 Net Cash Activity 67.55 Equities 22 ClosingBatance 53.249.26 Total 537.336.339 Your Portfolio Cash Balance Summary Allocation Mt. AG CLOSING Cash 3.181.71 3,249.26 Net Cash Balance $3.181.71 $3,249.26 Cash 8 — 100% UnsPodecl morons denote Oar Dion°, *nee Ihol male voLee The olocahm ;event'', is oe•aeo km Ow Oblol.te market rat), or yes MOO" 027 012003:11:19 001 7642 EFTA00198103 CLEARED IHRWOH ITS wittily 0" ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns S0C,r44,1 Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 0-41km:tech Cella North Becemon. New Year 112014869 STEARNS INSTITUTIONAL INTERESTS 4 c, STATEMENT PERIOD Mardi 1.2003 THROUGH Mardi 28.2003 Your Portfolio Holdings ACCCUNT NUMBER TAXPAYER MAWR On File CASH & CASH EQUIVALENTS LAST STATEMENT FebrUEUy 28.2003 NIARKE1 ES1IMAIED CURP£NT DESCRPRON SrAISCLCUSiP DUANTRY PRICE VALUE AMU& INtWE YEW V4) CASH BALANCE 3.249 DREYFUS CASH MANAGEMENT-CL A DICXX 37,333,068.46 1.0000 37.333.068 410.664 1.1000 INSTITUTIONAL SHARES ESL 30 DAY AVG YIELD 1.1500% TOTAL CASH & CASH EQUIVALENTS $37.336.317 $410,664 EQUITIES Equities & Options AOCT IMNCEI ESTRIA1E0 (WEAR DESCRPRON SYMBOL'CUSIP TR't OLIMrITI PRCE VALVE ARNO/ INCOIAE YEW I%) WTS AMERICAN BANK NOTE ABHHW CASH 2.151 0.0100 22 HOLOGRAPHICS INC EXP OE:la/2003 Total Equities& Options $22 SO TOTAL EQUITIES $22 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $410,664 YOUR PRICED PORTFOLIOHOLDINGS $37.336.339 027 012003:II:IR 001 V642 EFTA00198104 CLEARED THROUGH ns 'rankly OMEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOPrthel Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Cc* Mon:tech Cent og North Beccidon. New VC* 112012859 STEARNS INSTITUTIONAL INTERESTS 5 vi STATEMENT PERIOD Mardi 1.2009 THROUGH Mardi 28.2003 Transaction Detail ACCOUNT NUMBER TAXPAYER NUMBER oRFM DEPOSITS AND WITHDRAWALS LAST STATEMENT FebruEuy 28.2009 DATE TRANSACTION DESCRIPRON CEBIT AMOUNT CREDIT AMOUNT 03124/03 DEPOSIT BKONE 00 INSTITUTIONAL 67.65 INTERESTS CHASE TOTAL $67.55 MONEY FUND ACTIVITY DATE IklatMT TRANSACTION DESCRIPTCPI SYMEAUCUSIP GUMMY RACE DEBIT AMOUNT CREDIT AMOUNT 03/01/03 OPENINGBALANCE 37299.017.52 03/03/03 DIVIDEND DREYFUS CASH MANAGEMENT-CA. A DIOD( 34.050.94 INSTITUTIONAL SHARES MONTHLY DIVIDEND 03/03/03 REINVEST DREYFUS CASH MANAGEMENT-CA. A DID/C( 34,050.94 34.050.94 INSTITUTIONAL SHARES DIVIDEND REINVESTED 03/28/03 CLOSINGBALANCE 37.333.068.46 TOTAL 9.34.050.94 $34.O5O.94 027 012903:11:19 001 5542 EFTA00198105 CLEARED THROUGH ITS niCkLY 1n.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns S0N, 14,1 Dap. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Cc* Metsolech Cantot North Beano. New To* 11201.3869 STEARNS INSTITUTIONAL INTERESTS 6 STATEMENT PERIOD March 1.2009 THROUGH March 28.2003 ACCCUNT NUMBER U TAXPAYER PANSER OR File Your messages LAST STATEMENT PebruEuy 28.2003 Bear, Stearns Securities Corp, Net Capital and Net Capital Pursuant to SEC Rule 11Ac1.6, please note the following: Requirements: Bear Steams & Co, Inc, will post its quarterly routing statistics at the At November 30, 2002 and January 31, 2003, the Company's net following web link: http://wvv,bearsteams,comf, capital of approximately $2.4 billion and $2.4 billion was approximately 7% and 7% of aggregate debit items and exceeded Customers of Bear, Steams & Co. Inc. may request information on any the minimum regulatory net capital requirement of approximately order executed within the prior six months from the time of the request, $716.3 million and $684.1 million by approximately $1.7 billion and Specifically, you may request the identity of the venue to which the $1.7 billion, all respectively. identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that A complete copy of the Bear, Stearns Securities Corp. Statement resulted from such orders. of Financial Condition is available on the web site ww.v bearstearns.com Alternatively, to request a free printed copy please call • toll free - 1.866.299.9331, End of Statement 027 OG,29.03:11:19 001 VS02 EFTA00198106 CLEARED THRCOGH ITS WHOLLY 0,W.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SleamS SeOullin COTT Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Om Plevotech Cooler Noah 8tCCit/011, Nee York 11201.3859 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERK* February 1.2003 ACCOUNT EXECUTIVE LICHERMAN.IRA TELEPHONE THROUGH February 28.2003 VISIT OUR WEBSITE nww.bearstearns.com ACCOUNT NUMBER What's In This Statement 1111,111111111,11 II TAXPAYER NUMBER On File LAST STATEMENT January 31.2003 Financial Summary 3 INSTITUTIONAL INTERESTS 4 FINANCIAL TRUST CO TTEE Your Portfolio Holdings ATTN JEANIE BRENNEN Transaction Detail 5 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Cash 8 Equvalent — $37,302200 TOTAL VALUE OF SECURITIES THIS PERIOD 22 $37,260,658 NET CREDIT BALANCE 3.182 $22 Equities MONEY MARKET FUND BALANCE 37,299.018 S22 MO Current market value NET EQUITY THIS PERIOD $37.302.222 Last statement's market value NET EQUITY LAST STATEMENT 37,260.680 CHANGE SINCE LAST STATEMENT 41.541 There are no 'Stop Lose orders or other pending buy or sell open orders on file for your account. Ple.mo report erg drforeree a more/tee of &edit or MOCKS, rimmed as CIOIWOOX1 10 ,cu. Tin werrerY • lot Ingenverxrel passes Grey nista pleaded natal boomert 10 C1401 Semen re 8004141/28 a mu to Clem Sworn a Beet Swam &comes Cap.. Co. MOON+ Cooler Nook Bror089, NY r201.9859 Sr no, Mateenere shcsad be retained for your records Sn mem S. for macerate internat.= 027 0301.03:13:32 001 VS41 EFTA00198107 CLEARED 1HROUGH nS witekLY 0"E0 SUBSIDIARY Beer. Szewns SOCwititi GOO. Ce4 Meactech COM0( HMO &edam. Hew Year 1120/3859 INSTITUTIONAL INTERESTS 2 el$ STATEMENT BACKER IS PRINTED ON THIS PAGE 027 03.01,03:13:32 001 VEAL EFTA00198108 CLEARED THRWGH ITS ?RIMY OBBE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SABA.* COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ore Mevolech Conte HORN Beccidon. Hew To* 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 Is STATEMENT PERIOD February 1.2003 THROUGH February 28.2003 ACCCUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER KANDER On PIM II-IS PERIOD YEAS TO DATE THIS PERIOD LAST STATEMENT January 31.2003 Opening Balance $949.42 Dividends 39.308.09 39,308.09 Credit Balance Int. 0.00 70.33 Money Fund 39.308.09 Total $39,308.09 $39.378.42 Funds Deposited 2.232.29 Amount Credited $41.540.38 Money Fund -39.308.09 Portfolio Composition Amount Debited 5-39.308.09 Cash,Cash Equivalent 37.302,200 Net Cash Activity 2.232,29 Equities 22 ClosingBalance $3.181.71 Total $37.302.222 Your Portfolio Cash Balance Summary Allocation OPP. riG CLOSING Cash 949.42 3.181.71 Net Cash Balance $949.42 $3.181.71 Cash & Eglrvalent- 100% UntBoded POMOnS denote debt blonde *nee Or, market vendee he elms", ;event'', to dewed ken, Pe ebval.te market robe 01 Nv palloo 027 0101,03:13:32 001 vE41 EFTA00198109 CLEARED THROUGH ITS wistALY 0"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZAWAT SODA.St1 COITS Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue 10179 Ore Mevolech Center North Beccidon. New Ye* 112013855 STEARNS New York New York INSTITUTIONAL INTERESTS 4 r, STATEMENT PERIOD February 1,2003 THROUGH February 28.2003 Your Portfolio Holdings ACCCUNT NUMBER TAXPAYER WESER On File CASH & CASH EQUIVALENTS LAST STATEMENT January 31.2003 MARKET ESTIMATED OJRP£NT DESCRPRON SrAISCLISUSiP QUANTITY PRICE VALUE ANVJAL INSOME 10.0 NT CASH BALANCE 3.182 DREYFUS CASH MANAGEMENT-CL A DICXX 37,299,017.52 1.0000 37.299.018 447.588 1.2000 INSTITUTIONAL SHARES ESL 30 DAY AVG YIELD 1.1800% TOTAL CASH & CASH EQUIVALENTS $37.302.200 $447.588 EQUITIES Equities & Options :COT MARNE1 ESTMA1W COMM DESORPTION Svkl801,CuSiP nfl OLIMrin' PRCE VALUE ANKIAL INCOIAE YELD DAT WTS AMERICAN BANK NOTE ABHHW CASH 2.151 0.0100 22 HOLOGRAPHICS INC EXP 06/82003 Total Equities& Options $22 SO TOTAL EQUITIES $22 $0 YOUR TOTAL ESTIMATED ANNUAL INCOME $447.588 YOUR PRICED PORTFOLIOHOLDINGS $-37,302.222 027 03010393:32 031 VC41 EFTA00198110 CLEARED THROUGH ITS witekLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 Cory. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue 10179 0-41km:tech Cella North 0eock11n. New Ye* 112013859 STEARNS New York New York INSTITUTIONAL INTERESTS 5 o STATEMENT PERIOD February 1,2003 THROUGH February 28.2003 Transaction Detail ACCOUNT NUMBER TAXPAYER WESER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT January 31.2003 DrE TRANSACTION DESCRP1ON DEBIT AMOUNT CREDIT AMOUNT 02/11/03 DEPOSIT BERGEN SECS LITIGATION 03 2,232.29 INSTITUTIONAL INTEREST HSBC BR AO 2/10 TOTAL $2.232.29 MONEY FUND ACTIVITY DATE MDIMY TRANSACTION DESCRIPTION SYMBOUCVSIP ouninw PRICE DEBIT AMOUNT CREDIT AMOUNT 02/01/03 OPENINGBALANCE 37.259.709.43 02/03/03 DIVIDEND DREYFUS CASH MANAGEMENT-CA. A DIOC< 39.308.09 INS TIONAL SHARES MONTHLY DIVIDEND 02/03/03 REINVEST DREYFUS CASH MANAGEMENT-CA. A DICA 39.308.09 39.308.09 INSTITUTIONAL SHARES DIVIDEND REINVESTED 02/28/03 CLOSINGBALANCE 37.299.017.52 TOTAL $.39.308.09 $39.308.09 End of Statement 027 0101,03:1332 001 V641 EFTA00198111 CLEARED THROUGH ITS WHOLLY 01WED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BOW. SOWS S009•11181 Cork Bear. Stearns 8. Co. Inc. BEAR 383 Madison Avenue New York. Neva York 10179 CW*Mentech Cooler North 8tCCidel. Re* rex 1120/3859 STEARNS INSTITUTIONAL INTERESTS STATEMENT PERIOD January 1.2003 ACCOUNT EXECUTIVE ZI3HEHMAN.IRA TELEPHONE THROUGH January 31.2003 VISIT OUR WEEISITE vmv.uentearrs.com ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER NUMBER On Fee LAST STATEMENT December 31.2002 Financial Summary 3 INSTITUTIONAL INTERESTS 4 FINANCIAL TRUST CO TTEE Your Portfolio Holdings ATTN JEANIE BRENNEN Transaction Detail 5 6100 RED HOOK QUARTER Fund Activity 5 SUITE B-3 Your Messages 6 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD 22 Cash S Equvalent 4e 260.6S8 Se11.007.301 NET CREDIT BALANCE 949 $22 Equities I MONEY MARKET FUND BALANCE 37.259.709 $22 NM Current market value NET EQUITY Tills PERIOD $37.260,680 SE Last statement's market value NET EQUITY LAST STATEMENT 41.007.323 CHANGE SINCE LAST STATEMENT -3.746.643 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Plo.mo rood oaf 01Torocoo a norHoctig of tees or mocks. nelicolo0 as doIntod lo Ica. Ab• tin SO•snaq ,cke 888011300531pweesss caly it bra olondod as a NH 000~8 lo GAN SonIcoo of 800134-1428: a 'IM lo Choi SONICOS a Boar. Steam SccuMos The statornorl chodd be Mae] for y0Ur MOSS SOO Warn SO br Irrporlart normal:a Car.. Co. Lletok91, Coolly North. 888088 NY. II201-3859 027 020103:15:36 001 v640 EFTA00198112 CLEARED 1HROUGH RS YiHMV 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meal:tech COM0( HMO acedCon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 0, II STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0201,03:16:36 001 VS40 EFTA00198113 CLEARED THROUGH ITS 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC,M*I Cop. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 0 -4 Mosetech Conte North Beccidon. New Tuft 11201.3859 STEARNS INSTITUTIONAL INTERESTS 3 STATEMENT PERIOD January 1.2003 THROUGH January 31.2003 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER MAWR On File ITC PERICO YEAR TO DATE THIS PERIOD LAST STATEMENT December 31.2002 Opening Balance 5192.134.09 Credit Balance Int. 70.33 70.33 Money Fund 3.644.542.74 Total $70.33 $70.33 Dividends/Interest 70.33 Amount Credited $3.644.613.07 Portfolio Composition Money Fund -44.542/4 Cash/Cash Equivalent 37.260.658 Funds Withdrawn -635.255.00 Equities 22 Miscellaneous -3.156.000.00 Total $37.260.680 Amount Debited 5-3.835.797.74 Net Cash Activity -191.184.67 Closing Balance $949.42 Your Portfolio Allocation Cash Balance Summary UJG.r.0 CLOSING Cash 192.134.09 949.42 Net Cash Balance 5192.134.09 $949.42 Cash & Eqaialent- 100% Unt.adecl POMOnS denote debt blonde *nee Or, market veLee Tho elms", ;event'', ty dosed ken, to ebval.te market rat), 01 Nv palloo 027 0201,03:15:36 001 VE40 EFTA00198114 CLEARED THROUGH LIKELY ORVLECt SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BOIL Deans SOCannt1 COP. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ore Mettaton Canto North Becciatn. New Yak 11201.3859 STEARNS INSTITUTIONAL INTERESTS 4 STATEMENT PERIOD January 1.2003 THROUGH January 31.2003 Your Portfolio Holdings ACCOUNT NUMBER TAXPAYER ARJEEER 011 Ale CASH & CASH EQUIVALENTS LAST STATEMENT December 31,2002 IMPRE1 ESTIMAIE0 CURRENT DESCRPRON 5,518CLCuSia OLD/MD. PACE VALUE ANNJAL IMMIX YIELD I%1 CASH BALANCE 949 DREYFUS CASH MANAGEMENT-CL A DICXX 37,259,709.43 1.0000 37.259.709 484,376 1.3000 INSTITUTIONAL SHARES ESL 30 DAY AVG YIELD 1.2500% TOTAL CASH & CASH EQUIVALENTS $37,260.658 $484,376 EQUITIES Equities & Options ACCT /MREE1 ESTRIME0 CURRIER DESCRPRON STLII3OL'CUSIP T17£ 0,tmilii PACE VALUE ANNUAL INCOME YEW I%) WTS AMERICAN BANK NOTE ABHHW CASH 2.151 0.0100 22 HOLOGRAPHICS INC EXP 0082003 Total Equities& Options $22 SO TOTAL EQUITIES $22 SO YOUR TOTAL ESTIMATED ANNUAL INCOME $484.376 YOUR PRICED PORTFOLIOHOLDINGS $37,260.680 027 02.01,03:15:36 001 VEA0 EFTA00198115 CLEARED THROUGH ns vngw, OME0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 O-414m:tech Cont“ NOM Beccidon. New VC* 11201.3819 STEARNS INSTITUTIONAL INTERESTS 5 c/ STATEMENT PERIOD January 1.2003 THROUGH January 31.2003 Transaction Detail ACCOUNT NUMBER TAXPAYER NUMBER OR File DEPOSITS AND WITHDRAWALS LAST STATEMENT December 31,2002 A1.101AYT CREDIT AMOUNT WIRED TO 526.000.00 01/08/03 FND WIRED WIRED TO 109.255.00 TOTAL $-635.255.00 MONEY FUND ACTIVITY DATE MOON TRANSACTION DESDIIPTCN STIAECLOCUSIP DUMMY PRCE CEJ3i1 AMOUNT CREDIT AMOUNT 01/01/03 OPENINGBALANCE 40,815,166.69 01/02/03 REINVEST MANAGEMENT-CA. A DICXX 44.542.74 44542.74 INSTITUTIONAL SHARES DIVIDEND REINVESTED 01/02/03 DIVIDEND DREYFUS CASH MANAGEMENT-CA. A DIC)C< 44.542.74 INSTITUTIONAL SHARES AMT INCWDED IN 2002 - 1099 01/07/03 SOLD DREYFUS CASH MANAGEMENT-CL A DIOC< -3.600.000 1.0000 3.600.000.00 INSTITUTIONAL SHARES 01/31/03 CLOSINGBALANCE 37,259,709.43 TOTAL $-44.542.74 $3.644.542.74 027 0201,02:15:36 001 V6.10 EFTA00198116 CLEARED THROUGH ITS wilekLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue Dec Met:0,W+ Cardec North Beccidon. New Ye* 11201.3819 STEARNS New York New York 10179 INSTITUTIONAL INTERESTS 6 o STATEMENT PERIOD January 1.2003 THROUGH January 31.2003 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER WEBER On File INTEREST LAST STATEMENT December 31,2002 DATE DESORPTION SYMEICIAVSIP OUPARITY RAM 1%) CENT AMOUNT CREDTI AMOUNT 01/21/03 INTEREST ONCREDIT BALANCE 0.7500 30.31 AT 03+4% 12/31 THRU 01/20 01/21/03 INTEREST ONCREDIT BALANCE 0.7500 40.02 AT 0 3/4% 12/21 TWU 12/30 TOTAL $70.33 MISCELLANEOUS DATE MORAY 71W4SACTCN DESCRIPTION DES I .1.1CWIT CREDIT AMOUNT 01/07/03 JOURNAL TO 3 156 000 00 PER LOA TOTAL $S-3.156.00am Your messages The interest, if any, charged to your account during December 2002 was computed on the net debit balance through December 30, The interest, if any, charged to your account during January 2003 is computed from December 31, 2002, End of Statement 027 0201,01:15:36 001 VE40 EFTA00198117