EFTA00200550

Statements EFTA00200550 CLEARED THROUGH nS YillOU.Y 01VMED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Sm.Steams secwilits core Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ono Movotoch Coma Noah BroatIgn. Now York 1120/.3859 STEARNS JEFFREY EPSTEIN STATEMENT PERK* December 1.2001 ACCOUNT EXECUTIVE CHtRLIAN.IRA TELEPHONE THROUGH December 31.2001 VISIT OUR WEBSITE www.ueaistearns.com ACCOUNT NUMBER What's In This Statement IIII II 11111111Ill I II IIIII II I II I III 111.1111III I I I II I I I I I I II I I I TAXPAYER NINEER On File LAST STATEMENT November 30.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480.4730 Transaction Detail 5 Your Messages 7 Your Portfolio at a Glance Market Value of Your Portfolio Important Message II any information regarding TOTAL VALUE OF SECURITIES THIS PERiOD' 4.655.390 Cash 8 Egwvalent $ 895 708 2001interest. dividends. I 8-2 971 433 miscellaneous income. NET DEBIT BALANCE -895,708 gross proceeds or original Equities $4 655 390 issue discount is required $5.721.830 lo be reported to the IRS for NET EQUITY TIME PERIOD $3.759.682 this account. a Current market value Consolidated Form 1099 NET EQUITY LAST STATEMENT 2.750.397 IM Last statement's market value will be mailed to you by January 31.2002or 1042S CHANGE SINCE LAST STATEMENT L009.284 Short market value by March 15.2002. 'MS WPM* PeludAS ao or mom uroncea PMuttIOS rat coo not rotated r Me Taal Yew of Smarms and me NO (poly nw Ponca There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. SMT•TerY kw elkOTHOOnel panes MyIt Is rce "leaded as a taw doaamert Plo.vo moon oaf dirororoo a nontocoiso of MINAS or MOO mescomd as doltroma to you. to Gum Sonic*. at 8001134-1429: a veto to Clam SONICOS a Bow. Eton Socumos Cap Co. Llotmlat, Coolly North. Broolbn. NY. 1120s4959 t Tin statement teed to retained for your records Soa renew/Weft:I' woo:daft imlormaton 027 01,0102:08:34 001 VS19 EFTA00200551 CLEARED 1HRCO3H nS WHOLLY OWNED SUBSIDIARY 1308i. SOMAS Soowntlef COO Ono Llevotech Center Hann BreaIgn. Hew Ywk 11201.OS59 JEFFREY EPSTEIN 2 al 7 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 131.0102:08:34 001 V519 EFTA00200552 CLEARED THRWGH ITS Yn10UY ORTo.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beef. Steeons SOCant*1 Gory. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 Coto Metoclech Center North BecdOon. New Tcok 112014559 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERI00 December 1.2001 THROUGH December 31.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER ARM3ER Oil Ale 116 PERIOD YEAR TO DATE THIS PEFICO LAST STATEMENT NOvetTiC031 30.2001 Opening Balance $-2,971,432.62 Dividends 11,454.00 94,319.48 Other Dividends 0.00 68,516.90 Securities Sold 1,473,948.36 Credit Balance Int. 0.00 32,227.50 Funds Deposited 100.000.00 Total $11.454.00 $195.063.88 Dividends/Interest 11,454.00 Miscellaneous 700.000.00 Margin Int. Paid -5.415.69 -5.415.69 Amount Credited $2,285.402.36 Securities Bought -167.732.50 Portfolio Composition Dividends/Interest Charged -5.415.69 SKIRT LONG Miscellaneous -36.530.04 CashiCash Equivalent 895.708 Amount Debited 53-209,678.23 Equities 4.655.390 Net Cash Activity 2,076,724.13 Total $895,708 $4.655.390 Your Portfolio Allocation Closing Balance 5-895,708.49 Sam* Oaf vanities or cash Oatmeal accost bon aro na inclocke in the section: such wantot as woll as clouts la al carer transaction ins wed. oPpow on Troosecbon Donal. Shod Conti to Equivalent 6% Cash Balance Summary OFENVO CLOSNO Margin -2,971,432.62 -895,708.49 Net Cash Balance 5-2,971,432.62 5-895.708.49 Equities 84% Untivoed croons °ono* oat Doiono, onto* oohool male wive, Tho olozoom Pe ventro os owed Icon to obsoloote morken rat), el Kos halloo 027 0103.02.06:34 001 V519 EFTA00200553 CLEARED THROUGH ITS niCkLY CA1h.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns Sec 44,1 Cory. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 0-41km:tech Center North Beccidon. New VC* 11201.3869 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD December 1.2001 THROUGH December 31.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WESER On FIk LAST STATEMENT NOvernteN 30.2001 MARKET ESTIMATED CURRENT DESCRPRON SYMBCtiCUSIP DUMMY PRICE VALUE ANNUOL INCOME YEW iv CASH BALANCE -895/08 TOTAL CASH & CASH EQUIVALENTS $ 895.708 EQUITIES Equities & Options ACCT MANCE1 ESTRUM CURREN' DESCRriOtt SYMBOUCUSIP TYPE DUAMITT PRCE VALUE ANNUAL INCOIAE YEW 1%) ALLIED WASTE INDUSTRIES INC AW MRGN 50,000 14.0600 703.000 NEW CENTER TR INC CTA CASH 2.000 4.2500 8.500 320 3.7647 CANHORN CHEMICAL CORP CNCPF CASH 19 Unpoced CROWN AMERICAN REALTY TRUST CWN MRGN 5.000 7.8000 39.000 4,200 10.7692 FELCOR LODGING TRUST INC FCH MRGN 2.000 16.7100 33.420 400 1.1969 GLENBOROUGH REALTY TRUST INC GLB MRGN 2.000 19.4000 38.800 3.440 8.8660 GLPACHER REALTY TRUST-Sal GRT MRGN 2.000 18.8300 37.660 3.846 10.2124 HRPT PROPERTIES TIISBI HRP MRGN 10.000 8.6600 86.600 8.000 9.2379 HOSPITALITY PROPERTIES TRUST HPT MRGN 2.000 29.5000 59.000 5.680 9.6271 Sal JOHNSON& JOHNSON JNJ MRGN 57.800 59.1000 3A15.980 41.616 1.2183 KRAMONT REALTY TRUST KRT MRGN 2.000 14.6000 29.200 2.600 8.9041 RAMCO GERSHENSON PROPERTIES RPT MRGN 12.000 16.0500 192.600 20.160 10.4673 TRUST-MD SBI 027 MD102:06:34 001 VSI9 EFTA00200554 CLEARED THRWGH ITS niCkLY OW,E0 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 Ore Mem:tech Cont“ North BecciOon. New Ye* I1201.38S9 STEARNS JEFFREY EPSTEIN 5 o STATEMENT PERIOD December 1.2001 THROUGH December 31.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER PANDER On File LAST STATEMENT November 30. 2001 Equities & Options (continued) ACCT /MPICET ESTIMATED CURRENT DESORPTION SIMBOLCUSIP TIE viiCE VALLE ANNUAL INCOME YELD DG SIRIUS SATELLITE RADIO INC SIRI MRGN 1.000 11.6300 11.630 Total Equities& Options $4.655.390 $90.262 TOTAL EQUITIES $4.655.390 $90.262 YOUR TOTAL ESTIMATED ANNUAL INCOME $90,262 YOUR PRICED PORTFOLIOHOLDINGS $3.759.681 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACDON CESCRIPTION SIMBO.CUSP aJANTIT, PRCE DEBT AMOUNT GRECO A/CUNT 12113/01 12110/01 BOUGHT RAMCO GERSHENSON PROPERTIES APT 10.000 16.71300 167,732.50 TRUST-MD S81 AVG PRICE SHOWN-DETALS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/20/01 12/17/01 SOLD ORACLE CORP ORCL .100.000 14.74000 1,471948.36 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOUCITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REOUEST UNIT PRICE 14,800000 TOTAL $.167.732.50 $1,473.948.36 027 DI D102:06:34 001 VS19 EFTA00200555 CLEARED THROUGH ITS wilekLY 0%1B.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC‘,44,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ore Momtech Oardp NOM Beccidon. New VC* 11201.3869 STEARNS JEFFREY EPSTEIN 6 vi STATEMENT PERIOD December 1.2001 THROUGH December 31.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER AVUSER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT November 30. 2001 DATE TRANSACTON DESORPTION DEBIT AMOUR CREDIT AMOUNT 12/11/01 FUNDS REC FND WIRED TOCITII3ANK FROM 100,000.00 TOTAL 5100.000.00 DIVIDENDS DATE DESORPTION ME/W=1P CUANTITY RATE DEBIT AMOUNT CRECIT MACINT 12/11/01 JOHNSON& JOHNSON JNJ 57,800 0.1800 10.404.00 REC 11/20101 PAY 12111/01 12/21/01 CROWN AMERICAN REALTY TRUST CWN 5.000 0.2100 1.050.00 REC 121001 PAY 1221101 TOTAL $11.454.00 INTEREST DATE DESORPTION SYMEI0-.0uSiP OUANTITY RATE VW 06041 AMOUNT CREW AMOuUT 12/21/01 FROM 12/11 THRU 12/20 ®2112% 2.5000 2.003.02 BAL 1591.342 AVBAL 2884.349 12/21/01 FROM 11/21 THRU 12110 ®23+4% 2.7500 2.499.62 BAL 3007.962 AYBAL 2726.857 12/31/01 FROM 12/21 THRU 12/30 ®2112% 2.5000 913.05 BAL 1594.795 AVBAL 1314.795 TOTAL $.5.415.69 027 01,03.02:0B:34 001 'PAS EFTA00200556 CLEARED THROUGH ITS YiliCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet. SZeirn5 SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Cr.* Mem:Icon Contof North Beccioon. New Ye* T I201.38S9 STEARNS JEFFREY EPSTEIN 7 o STATEMENT PERM December 1.2001 THROUGH December 31.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER PAIMER On File MISCELLANEOUS LAST STATEMENT November 30.2001 DATE MOAT TRANSACTION DESCRIPTION DEBIT AMOUNT CREPT AMOUNT 12110/01 JOURNAL TO 101-80048 36,530.04 PER LOA 12111/01 JOURNAL JOURNAL FROM TYPE 1 TO 2 10,404.00 17111761"""' ZUSIXL Joaffarklidatfrit6 bb.666.66 1211 61 Jo tiNgf. J6ueffarrtidfititsEITO 10.404.00 1211 61 J MAL J6ueffarrtidatitsEITO 100.000.00 12127/01 JOURNAL COL REC LOA FROM 35301417 700.000.00 12/31/01 JOURNAL JOURNAL FROM TYPE 1T02 700,000.00 12/31/01 JOURNAL JOURNAL FROM TYPE 1T02 700.000.00 TOTAL 8846,934.04 $1.510.404.00 Your messages Florida residents who own, manage, or control stocks, bonds, As part of the National Association of Securities Dealers (NASD) money market or mutual funds having a value of $25,000 or more for Investor Education Program, you may obtain information on the individuals or $45,000 for married couples filing jointly must pay a NASD's Public Disclosure Program by contacting the NASD tax on these items, called 'Intangible Tax", by June 30 to avoid at telephone number (800) 289-9999 or via the intemet address which increased penalties. For tax retums and information, call the is wvnv.nasdr,com, In addition, a brochure explaining the Department of Revenue at 1.800.352.3671, Public Disclosure Program is available from the NASD upon request, End of Statement 027 01/02/02:08:34 001 VS19 EFTA00200557 «EARED THRCOGH ITS velour onn.c0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Seer. Steams SCIOuffle> OMB Bear. Stearns & Co. Inc. BffiR 383 Madison Avenue New York. New York 10179 Ono Mersoltob Confer NORN Becck/gn. He« Yon( 1120/3859 STffiRNS JEFFREY EPSTEIN STATEMENT PERO) October 27.2001 ACCOUNT EXECUTIVE LICHERMANARA TELEPHONE THROUGH November 30.2001 VISIT OUR WEBSITE ,..ww.bearsteams.com ACCOUNT NUMBER What's In This Statement 111111111111111111111111111111111111111111111111111111111111 TAXPAYER NUMBER On File LAST STATEMENT October 26.2001 Financial Summary 3 JEFFREY EPSTEIN 4 358 EL BRILLO WAY Your Portfolio Holdings PALM BEACH FL 33480.4730 Transaction Detail 5 Fund Activity 8 Your Portfolio at a Glance Market Value of Your Portfolio Cash S fourslent orptufflummmmsmasja 2.971.433 TOTAL VALUE OF SECURITIES THIS PERIOD' 5.721.830 $3.512.241 NET DEBIT BALANCE -2.971.433 $5.721.830 Equities $5.768.976 NET EQUITY THIS PERIOD $2.750.397 me Current market value NET EOUITY LAST STATEMENT 9.281.217 NW Last statements market value Short market value CHANGE SINCE LAST STATEMENT -6,530.819 'Ms portfolio mcludos ono or moro uwelcod socurtios rot MO not «elected mix Taal Yea of Secybee and the Net (poly The Peral There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Noma moon any «bronze or ~roc.« el tacks or Naas. officolal as dolheroa lo >era. Amy ilri Mont a br Slematellal moons only Okra mended asap'. downed lo Gaol Sonic°. of BOO-W-142B or vat to ChM Banks at Bow. Steam &cuelies less ~terra shield he neared Ice your records See renew sub for Øre Soneatpn Dom One Melmlech Defile. Honk prod», NY II201-3959 027 1201.01:10:46 001 V513 EFTA00200558 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SBN•Itkl COO. Ceol.letsolech Cantot North Beocklln• New VC* 11201.3859 JEFFREY EPSTEIN 2 of $ STATEMENT BACKER IS PRINTED ON THIS PAGE 027 19171031:10:44 001 VS13 EFTA00200559 CLEARED THROUGH ITS vn10LLY ORBE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beef. Szea•ns Socv, ipti COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 Ore Mettolech Cella No0h Becckton. New Ye* 11201.3559 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERIOD OCtObef 27.2001 THROUGH Novernter 30.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER KAISER On Fite 71RS PERIOD YEAR TO DATE THIS PERI00 LAST STATEMENT emcee 26.200 Opening Balance Dividends 4.520.00 82,865.48 $0.58 Other Dividends 11.781.29 68,516.90 Money Fund 3,532,515.61 Credit Balance Int. 25.90 32,227.50 Funds Deposited 3,000,000.00 Total $16.327.19 $183,609.88 Dividends/Interest 4,545.90 Amount Credited $6,537.061.51 Money Fund -8.494.71 Portfolio Composition Funds Withdrawn -2,000.000.00 SHOAT LONG Miscellaneous -7,500.000.00 CashiCash Equivalent 2,971.433 Amount Debited 3-9.508,494.71 Equities 5,721,830 Net Cash Activity -2,971.433.20 Total $2,971.433 $5,721,830 ClosingBalance 5-2 971 432.62 Your Portfolio Allocation Same On tensions ca cash balsam accost lypeo ate not onclucled in we otabon. su0, Iranttete as well at 0,141, It 41 01,*, trIONICICOS Pie mod. *Meat on Tweeter, Deed Cash Balance Summary Short Cash 8 Equivalent 34% OPIRONO maim Cash 0.58 0.00 Margin 0.00 -2,971,432.62 Equities 66% Net Cash Balance $0.58 3-2,971,432.62 Mmyyae0 croons °onoµ. oat Diane, ander shoe male yews Tho olorahr certemar is ce•med Iron to Desolate neaten rate, or toy raalloaa 027 1201031:10:46 001 V5I3 EFTA00200560 CLEARED THROUGH ITS ?RIMY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 COO. Bear. Stearns 8 Co. Inc. BUR 383 Madison Avenue New Y New York 10179 0-41km:tech Cella North Beccidon. New Year I 1201.3869 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD October 27.2001 THROUGH November 30.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WEBER CR File LAST STATEMENT CCIOCet 26.2001 MARKET ESTIMATED CURRENT DESCRPRON SYMISCUCUSIP DUANTITY PRICE VALUE ANNAN. INCOME YEW iv CASH BALANCE 2.971.433 TOTAL CASH & CASH EQUIVALENTS $-2.971.433 EQUITIES Equities & Options ACCT MANCE1 ESTMAIE0 CURREN' UtSCRriOtt SYMBOUCUSIP TYPE DUAMITT PACE VALUE ANNUAL INCOME TEJO 0.1 ALLIED WASTE INDUSTRIES INC AW MRGN 50.000 11.8400 592.000 NEW CENTER TR INC CTA CASH 2.000 4.0300 8.060 320 3.9702 CANHORN CHEMICAL CORP CNCPF CASH 19 Unpoced CROWN AMERICAN REALTY TRUST CWN MRGN 5.000 7.9600 39.800 4.200 10.5528 FELCOR LODGING TRUST INC FCH MRGN 2.000 16.5800 33.160 4.400 13.2690 GLENBOROUGH REALTY TRUST INC GLB MRGN 2.000 18.1300 36.260 3.360 9.2664 GLIMCHER REALTY TRUST-Sal GRT MRGN 2.000 18.4800 36.960 3.846 10.4058 HRPT PROPERTIES TR.SBI HRP MRGN 10.000 8.4200 84.200 8.000 9.5012 HOSPITALITY PROPERTIES TRUST HPT MRGN 2.000 27.4300 54.860 5.680 10.3536 S81 JOHNSON& JOHNSON JNJ MRGN 57.800 58.2500 3366.850 41.616 1.2361 KRAMONT REALTY TRUST KRT MRGN 2.000 13.4200 26.840 2.600 9.6870 ORACLE CORP ORCL MRGN 100.000 14.0300 1.403.000 RAMCO GERSHENSON PROPERTIES RPT MRGN 2.000 16.4000 32.800 3.360 10.2439 TRUST-MD SBI 027 120101:10:44 001 V513 EFTA00200561 CLEARED THROUGH ITS miCkLY OME0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Stows SOC,AMI COO. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ore Momtech Contm NOM &Wort New TA* 11201.3859 STEARNS JEFFREY EPSTEIN 5 rie STATEMENT PERIOD October 27.2001 THROUGH Noveraer 30.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER AMMER On Fa LAST STATEMENT Cetocer 26.2001 Equities & Options (continued) ACCT MOM ESTMATED CURRENT DESORPTION SIMBOLCUSIP TIE OWN' IT) PRCE VALUE ANNUAL INCOME YELD DG SIRIUS SATELLITE RADIO INC SIRI MRGN 1.000 7.0400 7.040 Total Equities& Options $5,721,830 $77,382 TOTAL EQUITIES $5,721,830 $77,382 YOUR TOTAL ESTIMATED ANNUAL INCOME $77.382 YOUR PRICED PORTFOLIOHOLDINGS $2.750.397 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACT/ON MEGRIMS:IN SYNE/MX=1' GUMMY PRCE DEBI' Axicuut Caper AMOUNT 11/29/01 JOURNAL ALLIED WASTE INDUSTRIES INC AW -50.000 NEW JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL CROWN AMERICAN REALTY TRUST CWN -5.000 JOURNAL FROM TYPE I TO 2 11/29/01 JOURNAL FELCOR LODGING TRUST INC FCH -2.000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL GLENBOROIJGH REALTY TRUST INC GIB -2.000 JOURNAL FROM TYPE I TO 2 027 120031:10:46 001 V513 EFTA00200562 CLEARED THROUGH ITS wilecLY 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOP.P.t.t1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ce.oLletsolech Center North aro:kW% New Tuk 112013859 STEARNS JEFFREY EPSTEIN 6 o STATEMENT PERIOD October 27.2001 THROUGH November 30.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER NUTA3ER Cn Fite INVESTMENT ACTIVITY (continued) LAST STATEMENT CCIODei 26.2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION SYTA3OUCUSIP DUMMY pFrCE DEWAMOUNT CREDIT AMOUNT 11/29/01 JOURNAL GLIMCHER REALTY TRUST-SBI GRT -2000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL HRPT PROPERTIES TR-SBI HRP -10,000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL HOSPITALITY PROPERTIES TRUST HPT -2,000 SRI JOURNAL FROM TYPE 1 TO 2 AKE JOHIZSEMMMM JAL -57./£00 JOURNAL FROM TYPE I TO 2 11/29/01 JOURNAL KRAMONT REALTY TRUST KRT -2,000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL ORACLE CORP ORCL 100.000 JOURNAL FROM TYPE 2 TO 1 11/29/01 JOURNAL ORACLE CORP ORCL -100,000 JOURNAL FROM TYPE I TO 2 11/29/01 JOURNAL RAMCO GERSHENSON PROPERTIES RPT -2,000 TRUST-MD SRI JOURNAL FROM TYPE 1 T02 11/29/01 JOURNAL SINUS SATELLITE RADIO INC SIRI -1,000 JOURNAL FROM TYPE 1 T02 11/29/01 JOURNAL ALLIED WASTE INDUSTRIES INC AW 50.000 NEW JOURNAL FROM TYPE 1 T02 11/29/01 JOURNAL CROWN AMERICAN REALTY TRUST CWN 5.000 JOURNAL FROM TYPE I TO 2 11/29/01 JOURNAL FELCOR LODGING TRUST INC FCH 2.000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL GLENBOROUGH REALTY TRUST INC GLB 2.000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL GLIMCHER REALTY TRUST-SBI GRT 2.000 JOURNAL FROM TYPE I TO 2 027 1241031:10:46 001 V513 EFTA00200563 CLEARED THROUGH ITS YrisekLY CAM.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet SZeirns SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ore Momloch Ow:1m North Beccidon. New To* 112013859 STEARNS JEFFREY EPSTEIN 7 STATEMENT PERIOD October 27.2001 THROUGH Novernter 30.2001 Transaction Detail (continued) ALOCUNT NUMBER TAXPAYER POWER OR Fite INVESTMENT ACTIVITY (continued) LAST STATEMENT CCIODer 26.2001 SETTLEMENT TRADE DATE DATE TRANSACTOR DESCRIPTOR STIABOLICUSP CUNV1NY PRICE DEBIT AMOUNT CgED-7 A/IOLNT 11/29/01 JOURNAL HRPT PROPERTIES 1R-SBI HRP 10.000 JOURNAL FROM TYPE 1 T02 11/29/01 JOURNAL HOSPITALITY PROPERTIES TRUST HPT 2.000 SRI JOURNAL FROM TYPE 1 T02 11/29/01 JOURNAL JOHNSON& JOHNSON JNJ 57.800 JOURNAL FROM TYPE 1 T02 11/34/b1 JOURNAL KIWALWAENNTIYINt KAY 2.000 JOURNAL FROM TYPE I TO 2 11/29/01 JOURNAL ORACLE CORP ORCL 100.000 JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL ORACLE CORP ORCL .100.000 JOURNAL FROM TYPE 2 TO 1 11/29/01 JOURNAL RAMCO GERSHENSON PROPERTIES APT 2.000 TRUST-MD SRI JOURNAL FROM TYPE 1 TO 2 11/29/01 JOURNAL SIRIUS SATELLITE RADIO INC SIRI 1.000 JOURNAL FROM TYPE 1 T02 TOTAL DEPOSITS AND WITHDRAWALS DATE TRANSACTION DESORPTION DEBIT AMOUNT CREDIT AMOUNT 11/13.'01 FND WIRED MDA#MB191958FNDS WIRED TO 2.000.000.00 TL BK 8 TR CO FD/001693 I MONEY FUND 11129/01 FUNDS REC FikatEER EU/CITIBANK FROM 1,300,000.00 F05133300A9801 027 120M0110:44 001 VS13 EFTA00200564 CLEARED THROUGH ITS Pruett? Ot1P.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BOP. SZeirns SOC,nbtf Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 CeoLlevoloch Cella North Deo:kW% New Ye* 112(148SO STEARNS JEFFREY EPSTEIN 8 o STATEMENT PERIOD OCMDef 27.2001 THROUGH Novernter 30.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER WESER OR File DEPOSITS AND WITHDRAWALS (continued) LAST STATEMENT CCIODer 26.2001 DATE TRANSACTPM DESCRP1ON DEBIT AMOUNT CREDIT AMOUNT 11/29/01 FUNDS REC IW RED CITII3ANK FROM 1,700,000.00 DW INC TOTAL 5-2.000,000.00 $3.000.000.00 MONEY FUND ACTIVITY DATE 1/30AT TRANSACTION DESCAIPTIM STME/XVISIP 0U+AriTrY PRICE DEBIT AMOUNT CREDIT AMOUNT 10/27/01 OPENINGBALANCE 3,512,239.61 11/01/01 DIVIDEND DREYFUS TAX EXEMPT CASH 26200(205 8.494.71 MANAGEMENT INSTL SH MONTHLY DIVIDEND 11/01/01 REINVEST DREYFUS TAX EXEMPT CASH 26200(205 8.494.71 8.494.71 MANAGEMENT INSTL SH DIVIDEND REINVESTED 11/13/01 SOLD DREYFUS TM EXEMPT CASH 26200(205 -2.000.000 1.0000 2,000,000.00 SH 11/29/01 SOLD DREYFUS TM EXEMPT CASH 26200(205 -1.520.734.32 1.0000 1.520.734.32 TL SH 11/29/01 DIVIDEND DREYFUS TAX EXEMPT CASH 26200(205 3,286.58 MANAGEMENT INSTL SH DIV 11/30/01 CLOSINGBALANCE 0.00 TOTAL $-8.494.71 53.532.515.61 027 191W01:10:44 001 vSI3 EFTA00200565 CLEARED THROUGH ITS Yn10LLY Ot1N.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SONnt*I COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Cc* Mevolech Contof North Beano. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 9 o STATEMENT PER100 October 27.2001 THROUGH November 30.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER KINSER On Fite DIVIDENDS LAST STATEMENT CCIODer 26.2001 DATE DESCRPTION SY1.18CIJCVSIP CAMAITIlY RATE (Sll DEBIT AMOUNT CREDIT AMOUNT 10131/01 FELCOR LODGING TRUST INC FCH 2,000 0.5500 1,100.00 REC 10101101 PAY 10/31/01 11/21/01 HRPT PROPERTIES TR-SBI HRP 10.000 0.2000 2,000.00 REC 10/22101 PAY 11/21101 11/23/01 HOSPITALITY PROPERTIES TRUST HPT 2.000 0.7100 1,420.00 S8I REC 10/25/01 PAY 11/2201 TOTAL $4.520.00 INTEREST DATE DESCRIPTION STLIDOUCUSIP OUPARITY RATE NI DEBIT AMOUNT EAE011 AMOUNT 11/21/01 INTEREST ONCREDIT BALANCE 2.0000 25.90 AT 2,000% 10/21 THRU 11/05 TOTAL $25.90 MISCELLANEOUS DATE LOWY TRMISACTCN DESCRIPTION DEBIT AMOUNT CREPT AVOLN1 11/29/01 JOURNAL JOURNAL FROM TYPE 1 TO 2 2.828,567.38 i i/24/01 JOIMAL JOUIVA. mai mit1762 2.8241.567.38 it10/01 JoLitlai Jougfik Mir tf 62 1.700.000 00 11/30/01 JOURNAL TO 7.500.000.00 LOA 11/30/01 JOURNAL JOURNAL FROM TYPE 1 TO 2 1.700.000.00 TOTAL $-12,028,567.38 $4.528,567.38 027 1201.'01:10:46 001 V513 EFTA00200566 CLEARED THRCOGH ITS WHOLLY OMED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT NV. ROAMS SOOOlild COrp Bear. Stearns 8. Co. Inc. BEAR 383 Madison Avenue New York Nell York 10179 Ono thetrotech Center Noah BreckIgn. New Ywk 11201.3859 STEARNS JEFFREY EPSTEIN STATEMENT PERK* September 29.2001 ACCOUNT EXECUTIVE ZICHERMAN.IRA TELEPHONE THROUGH °ate 26.2001 VISIT OUR WEBSITE 67A% near stearns.com ACCOLM NUMBER What's In This Statement 111111111111111111111111111111111111111111111111111111111111 TAXPAYER vallIER On File LAST STATEMENT September 28.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480-4730 Transaction Detail 5 Fund Activity 6 Your Messages 8 Your Portfolio at a Glance Market Value of Your Portfolio Cash 8 Equvalent — $.3,512.gjlon„ TOTAL VALUE OF SECURITIES THIS PERM' 5.768.976 46.495.657 NET CREDIT BALANCE 1 S5.768.976 Equities 11 "'" 1.1S5.428.150 MONEY MARKET FUND BALANCE 3512.240 Current market value NET EQUITY 71115 PERIOD $9.281217 IM Last statements market value NET EOUITY LAST STATEMENT 11.923.807 CHANGE SINCE LAST STATEMENT -2,642.591 'The patted ncludes one or mom vrpnoed wooden wash ere rce retook,' new Vaal Yew of Swims and the Not &nay Ths Peoxl There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Roza rood ant Mato* a ft:croon:1 of crocks or sacks. nelicolal as dal/cocoa to 'du. nes unwary slot secormoonal papaws ratan rce POWS as a tat do lo Gent Sone*. of EIC004-1428: a yet lo ChM Santos at Boot Stearn &canes Cap.. Ono LIttok•ch Center North. 6roobn, NY 112014959 Sr nu cashews NNW be read for your recent See rams* S. br Irv:dart Seeman:a 027 1027.01:09:1I 001 v502 EFTA00200567 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, t4,1 COO. Ceol.letsolech Cantot North Broeklln• New Volt 11201.3859 JEFFREY EPSTEIN 2 or e STATEMENT BACKER IS PRINTED ON THIS PAGE 021 10.27,01:09:11 001 V602 EFTA00200568 CLEARED 1HRWGH ITS ?RIMY OtM•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet Steens Seem*, Cop. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York New York 10179 OtoLletioloch Cantor North Bred0on. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 3 cln STATEMENT PERIOD September 29.2001 THROUGH October 26.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER AILIMER Co File 716 PEW° YEAR TO DATE THIS PEFICO LAST STATEMENT September 28.2001 Opening Balance $151,868.42 Dividends 3.371.60 78,345.48 Other Dividends 12,946.20 56,735.61 Money Fund 2,857,442.20 Credit Balance Int. 264.56 32,201.60 Dividends Interest 3,636.16 Total $16,582.36 $167,282.69 Amount Credited $2.861.078.36 Money Fund -12.946.20 Funds Withdrawn -3,000.000.00 Portfolio Composition Amount Debited S-3 012 946.20 Cash Cash Equivalent 3.512,241 Net Cash Activity -151.867.84 Equities 5.768,976 ClosingBalance Total $9.281,217 $0.58 Your Portfolio Allocation Cash Balance Summary OPENING CLOSING Cash 151,868.42 0.58 Net Cash Balance $151,868.42 $0.58 Cash & Equivalent 38% Equities 62% Un•JvaeS ronons 0en,* as Dion°, entre 'Mel male wive, 'rho elocahm ;event'', Iy clewed ken to otnol.te market rat), of ,vv portkno 027 10.27,01:09:11 001 V SO2 EFTA00200569 CLEARED THROUGH ITS wuCkLY ODnE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SODr44,1 CND. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 OtoLlevoloch Cord NOM &Wort New Ye* 112014859 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD September 29.2001 THROUGH October 26.2001 Your Portfolio Holdings ACCOUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER MASSER CR File LAST STATEMENT September 28.2001 sv.PsET ESTIMAIED CURPENT DUGS:AMON SYMBOUOSIP OUAH➢TY 'ALOE AMU& INCOME VSO Iva CASH BALANCE DREYFUS TAX EXEMPT CASH 262021(205 3,512,239.61 1.0000 3.512.240 73,757 2.1000 MANAGEMENT INSTL SH ESL 30 DAY AVG YIELD 2.0900% TOTAL CASH & CASH EQUIVALENTS $3,512,241 $73,757 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRPTION SYSIBOOCUSIP Mt OUANOTY MICE VALUE ANNUAL INCOME YIELD DO ALLIED WASTE INDUSTRIES INC AW CASH 50.000 13.8400 692.000 NEW CENTER TR INC CTA CASH 2.000 3.5000 7.000 320 4.5714 CANHORN CHEMICAL CORP CNCPF CASH 19 Unpriced CROWN AMERICAN REALTY TRUST CWN CASH 5.000 7.1200 35.600 4,200 11.7978 FELCOR LODGING TRUST INC FCH CASH 2.000 13.7500 27.500 4,400 16.0000 GLENBOROUGH REALTY TRUST INC GLB CASH 2,000 17.2000 34,400 3,360 9.7674 GLIMCHER REALTY TRUST-SBI GRT CASH 2,000 15.8800 31.760 3.846 12.1096 HRPT PROPERTIES TR-SBI HRP CASH 10.000 8.2100 82.100 8.000 9.7442 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 24.7900 49.580 5.680 11.4562 SBI JOHNSON& JOHNSON JNJ CASH 57.800 58.6700 3.391.126 41.616 1.2272 KRAMONT REALTY TRUST KRT CASH 2.000 12.4700 24.940 2.600 10.4250 ORACLE CORP ORCL MRGN 100.000 13.5800 1.358.000 027 102Z01:09:11 001 Y502 EFTA00200570 CLEARED THROUGH I1S wilekLY OUnEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Steens Socviiker COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ore Mem:tech Center North Beccidon. New Ye* II2DI.38S9 STEARNS JEFFREY EPSTEIN 5 0 STATEMENT PERIOD September 29.2001 THROUGH October 26.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER KAMER OR File LAST STATEMENT September 28.2001 Equities & Options (continued) ACCT MARKET ESTIMATED CURFEW DESCRPTION SIMBOUOUSIP TYPE OUAMITT PRCE VALLE ANNUAL INCOME usu) 119 RAPACO GERSHENSON PROPERTIES RPT CASH 2,000 16.0500 32.100 3,360 10.4673 TRUST-MD SW SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 2.8700 2.870 Total Equities& Options $5.768.976 $77.382 TOTAL EQUITIES $5.768.976 $77.382 YOUR TOTAL ESTIMATED ANNUAL INCOME $151.139 YOUR PRICED PORTFOLIOHOLDINGS $9.281.216 Transaction Detail DEPOSITS AND WITHDRAWALS DATE CREDIT AMOUNT 10/24/01 FND WIRED goismo TO 1.000.000.00 TOTAL $-3.000.000.00 027 162741:09:11 001 V602 EFTA00200571 CLEARED THRO00H ITS ?mem.? 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC,".14,1 Cory. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 Cc* Metsclech Cerra North Beccidon. New Ye* 11201 3959 STEARNS JEFFREY EPSTEIN 6 STATEMENT PERIOD September 29.2001 THROUGH October 26.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER AILMA3ER OR File MONEY FUND ACTIVITY LAST STATEMENT September 28.2001 DATE MODAY TRANSICTKN DESCRIPTPN SYMB0LICUSIP PR c€ DEBIT AMOUNT CREDIT AMOUNT 09/29/01 OPENINGBALANCE 6,343,789.41 10/01/01 DIVIDEND 262028205 12.946.20 igaRAM FTVET H CASH MONTHLY DIVIDEND 10/01/01 REINVEST DREYFUS TAX EXEMPT CASH 262028205 12.94620 12.946.20 MANAGEMENT INSTL SH DIVIDEND REINVESTED 10/11/01 SOLD EXEMPT CASH 262028205 -2.000.000 1.0000 2.000.000.00 MANAGEMENT SH 10/24/01 SOLD DREYFU EM TAX EXEMPT CASH 262028205 -844.496 1.0000 844.496.00 SH 10,26101 CLOSINGBALANCE 3312239.61 TOTAL $-12.94620 $2,857,442.20 DIVIDENDS DATE DESCRIPTION STMEIWCUSIP DUMMY RATE (ST DEBT AMOUNT CREDIT AMOUNT 10/15/01 GLENBOROUGH REALTY TRUST INC GLB 2,000 0.4200 840.00 REC 10/01/01 PAY 10/15/01 10/15/01 GLIMCHER REALTY TRUST-SBI GRT 2.000 0.4808 961.60 REC 09/2601 PAY 10/15/01 10/16/01 RAMCO GERSHENSON PROPERTIES RPT 2.000 0.4200 840.00 TRUST-MD SBI REC 09130/01 PAY 10/1601 10/19/01 KRAMONT REALTY TRUST KRT 2.000 0.3250 650.00 REC 10/0501 PAY 10/19/01 027 1027.01:09:11 001 VS02 EFTA00200572 CLEARED THRWGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SOC.r.t.t1 COO. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New Y New York 10179 Cc* Metsclech CarrIN NOM Beccidon. New Ye* I I201.3SS9 STEARNS JEFFREY EPSTEIN 7 STATEMENT PERIOD September 29.2001 THROUGH October 26.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER AILAA3ER OR File DIVIDENDS (continued) LAST STATEMENT September 28.2001 DVE DESCRIPTION SYMBOUCUSIP QUANTITY RATE MI DEBIT AMOUNT CREDIT AMOUNT 10/22/01 CENTER TR INC CIA 2,000 0.0400 80.00 REC 10/01)01 PAY 10/22/01 TOTAL $3,371.60 INTEREST DATE DESCRIPTION SYNE/WM/SIP CVAARITY RATE IN) CENT AMOUNT CREDIT AMOUNT 10/22/01 INTEREST ONCREDIT BALANCE 1.5000 18.98 AT 1 1/2% 09/21 TI RU 09/23 10/22/01 INTEREST ON CREDIT BALANCE 2.5000 84.37 AT 2 1/2% 09/24 THRU 10/01 10/22/01 INTEREST ON CREDIT BALANCE 2.0000 161.21 AT 2,000% 1002 THRU 10/20 TOTAL $264.56 027 1047.01:09M 001 VS02 EFTA00200573 CLEARED THROUGH ITS wilekLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SOC.r.t.t1 Cot. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New York New York 10179 Ce.oLletioleen Center North BredCon. New Ye* 1201.3869 STEARNS JEFFREY EPSTEIN 8 c, STATEMENT PERIOD *ANTS! 29.2001 THROUGH October 26.2001 ACCCUNT NUMBER TAXPAYER AILMA3ER OR File Your messages LAST STATEMENT September 28.2001 We are pleased to announce that we have moved our world headquarters, previously located at 245 Park Avenue, to: 383 Madison Avenue New York, New York 10179 While our telephone numbers and e•mail addresses remain the same, some fax numbers have changed, Please check with your Account Executive. End of Statement 027 1047.01:09:11 001 V502 EFTA00200574 CLEARED THROUGH ITS WHOLLY 01W.ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. S1WAS SOCuititl Grp. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York, New York 10167 Ore Mettotech Center North Beccidon, Nee Tex 1120/3859 STEARNS JEFFREY EPSTEIN STATEMENT PER100 September 1.2001 ACCOUNT EXECUTIVE LICHERMAN.IRA TELEPEONE THROUGH September 28.2001 VISIT OUR WEBSITE IA1 uearstearns.com ACCOLNT NUMBER What's In This Statement TAXPAYER NUMBER On Fee LAST STATEMENT August 31.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480-4730 Transaction Detail 5 Fund Activity 6 Your Messages 8 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD' 5.428.150 Cash 8 Equvalent — $9.466.510 NET CREDIT BALANCE 151.868 55.428.150 Equities — MONEY MARKET FUND BALANCE 6,343.789 55.554.618 : 5-5.000 - Current market value NET EQUITY THE PERIOD $11.923207 IN Last statements market value Short market value NET EOUITY LAST STATEMENT 15.016.128 CHANGE SINCE LAST STATEMENT -3,092.320 .This patrol* "'dudes re or mom vrenced moans eat we not retested n K Tctil Vale of Sectobos an:11be Net Epee/ Rios Mod There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Noma mood oaf Mare* a rent/HMO of rocks or socks, ocuomed as dallefed l0 sou. kw nrennabenel poem** not "'eroded ass tat dowiwnt 10 CI of Salo. of 800611-1128: a yet oco Clam Santos r Bow. &oon,o Secumos Cap.. One LletoINI, Coolly North. Br000bri, H.Y. I1201.3.84 St MP. PamerY nes statemeri ORA be manes Ice your records See worn Sr fa mortar< IIVOIThatKa 027 09,29,01:10:SS 001 V500 EFTA00200575 CLEARED 'THROUGH nS WHOLLY OWNED SUBSIDIARY 1308i. SOMAS SoovMIPs GOI0 Ono Llevotech Confer Hann BreaIgn. Hew Ywk 11201.3859 JEFFREY EPSTEIN 2 01 9 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 09,2901:10:55 001 V500 EFTA00200576 CLEARED 1HRWGH ITS ?RIMY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bar. Screams S0N, t4,1 Cory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 OtoLlevolech Car:tog North Beccidon. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERIOD September 1.2001 THROUGH Septemter 28.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER WESER Ofl File PERIOD YEAR TO DATE THIS PERIOD LAST STATEMENT August 31.2001 Opening Balance $1.438.795.54 Dividends 11.454.00 74,973.88 Other Dividends 16.075.38 43,789.41 Money Fund 1,716,075.38 Credit Balance Int. 1.618.88 31,937.04 Dividends Interest 13,072.88 Total $29,148.26 $150,700.33 Amount Credited $1,729,148.26 Money Fund -18075.38 Funds Withdrawn -3,000.000.00 Portfolio Composition Amount Debited $3.0164075.38 CashiCash Equivalent 6.495,657 Net Cash Activity -1,286.927.12 Equities 5.428,150 ClosingBalance $151.868.42 Total $11.923,807 Your Portfolio Allocation Cash Balance Summary OPENNG CLOSING Cash 1.438.795.54 151,86842 Net Cash Balance $1.438,795.54 $151.868.42 Equities 45% Cash & Equivalent 55% Unthglefl pOr00.4 oono* oar 014, p, onov shol male aye, Tho elorahr revemar is awed from to obsol.te market rat), (11 )vv Pirko" 027 092901:10:55 001 V500 EFTA00200577 CLEARED THROUGH ITS wilekLY 0OnE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BAAL SZeirns SOC,M*1 COP. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mosolech Canto NOM Becdoon. New To* 11201.3859 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD Septenter 1.2001 THROUGH Swan*, 28.2001 Your Portfolio Holdings ACCCUNT NUMBER - CASH & CASH EQUIVALENTS TAXPAYER MAURER Ofl File LAST STATEMENT August 31.2001 MARKET ESTILMIED CURRENT DESCPWRON SYMBOJCUSIP OUANTITY PRICE VALUE ANNUAL INCOME 10.0 CASH BALANCE 151,868 DREYFUS TAX EXEMPT CASH 262021(205 6,343,789.41 1.0000 6,343,789 145,907 2.3000 MANAGEMENT INSR SH TOTAL CASH & CASH EQUIVALENTS $6.495,657 $145.907 EQUITIES Equities & Options AOCT MARKET ESTIMATED OURFENT DESORPTION SYMBOLUSIP Tin awn PRCE VN.LE ANATOL INCOME VERDI* ALLIED WASTE INDUSTFUES INC AW CASH 50,000 12.7500 637.500 NEW CENTER TR INC CTA CASH 2,000 3.8600 7.720 320 4.1451 CANFORN CHEMICAL CORP CNCPF CASH 19 Unpriced CROWN AMERICAN REALTY TRUST CWN CASH 5.000 7.1000 35.500 4.200 11.8310 FELCOR LODGING TRUST INC FCH CASH 2.000 13.4500 26.900 4.400 16.3569 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 18.5400 37.080 3.360 9.0615 GLIMCHER REALTY TRUST-SBI GRT CASH 2.000 16.1800 32.360 3.846 11.8850 HRPT PROPERTIES TR-SBI HRP CASH 10.000 8.1400 81.400 8.000 9.8280 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 24.0800 48.160 5.680 11.7940 S8I JOHNSON& JOHNSON JNJ CASH 57.800 55.4000 3.202.120 41.616 1.2996 KRAMONT REALTY TRUST KRT CASH 2.000 12.4900 24.980 ORACLE CORP ORCL MRGN 100.000 12.5800 1.258.000 027 092901:10:55 001 V500 EFTA00200578 CLEARED THROUGH ITS vrtiCkLY CAMEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Stein)/ S0C,r44,1 Cory. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Ore Mem:tech Cantm North Beccidon. New Ye* I I20I.38S9 STEARNS JEFFREY EPSTEIN 5 c/ .. STATEMENT PER100 SeptelTiMf 1.2001 THROUGH Septeorter 28.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER NLISSER Cfl File LAST STATEMENT August 31.2001 Equities & Options (continued) ACCT MAKE! ESTIMATED CURFEW DESORPTION SYMBOUCUSIP TYPE OUANTiTI VALLE ANNUAL /COME YELD ITN AMOCO GERSHENSON PROPERTIES RPT CASH 2,000 16.4200 32.840 3,360 10.2314 TRUST-MD SEU SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 3.5900 3,590 Total Equities& Options $5,428,150 $74,782 TOTAL EQUITIES $5,428,150 $74,782 YOUR TOTAL ESTIMATED ANNUAL INCOME $220.689 YOUR PRICED PORTFOLIOHOLDINGS $11.923.807 Transaction Detail INVESTMENT ACTIVITY SETREMENT TRADE DATE DATE TRANSACTION DESCRIPTION SeM00..CUSP OJAMITY Ma DEMI AMOUNT CREPT AlKUNT 09/26/01 EXPIRED CALL ORACLE CORP SEP17.50**** 68389%918 1.000 EXP 09(22(2001 TOTAL 027 0129,01:10:55 001 V500 EFTA00200579 CLEARED THROUGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs S0C.r.t4.1 Cory. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mem:tech Center North Beccidon. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 6 STATEMENT PERO° SEINEIT63f 1.2001 THROUGH Seek...rite, 28.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER NUMBER Ofl File DEPOSITS AND WITHDRAWALS LAST STATEMENT August 31.2001 DATE MIN Cf. CREDIT AMOUNT 09/07/01 FND WIRED 0926101 FND WIRED WIR COED TO 1.000.000.00 FDN01198 $ COMING FROM DREYFUS TODAY 9-3.000,000.00 MONEY FUND ACTIVITY DATE MC'DAY TRANSACTION DEW/UPTON SYMECLCUSIP ammo PRICE COW AMOUNT CREDIT AMOUNT 09/01/01 OPENINGBALANCE 8,027,714.03 09/04M1 DIVIDEND DREYFUS TAX EXEMPT CASH 26200(205 16,075.38 MANAGEMENT INS11. SH MONTHLY DIVIDEND 09/04/01 REINVEST DREYFUS TAX EXEMPT CASH 26200(205 16.07538 16.075.38 MANAGEMENT INS11. SH DIVIDEND REINVESTED 09/07/01 SOLD H 262021(205 -700.000 1.0000 700.000.00 101gUaNCIEVEH CAS FFD 0926'01 SOLD DREYFUS TAX EXEMPT CASH 26202K205 -1.000,000 1.0000 1.000.000.00 SH 09/28/01 CLOSINGBALANCE 6,343,789.41 TOTAL $•16.075.38 $1.716.075.38 027 0S29,0I:IDS5 031 VS00 EFTA00200580 CLEARED THROUGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet Saea•ns SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. Now York 10167 Ore Mevolech Cardet North 0eock11n. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 7 c/1 STATEMENT PERIOD *ANTS! 1.2001 THROUGH Seek...rite, 28.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER WESER Cfl File DIVIDENDS LAST STATEMENT August 31.2001 OWE DESORPTION SYMBOMSIP CUANTITY RATE IQ DEBIT AMOUNT CREDIT AMOUNT 09/11/01 JOHNSON& JOHNSON JNJ 57,800 0.1800 10,404.00 REC 08/21101 PAY 09/11/01 09/14/01 CROWN AMERICAN REALTY TRUST CWN 5,000 0.2100 1.050.00 REC 08/31/01 PAY 09/14/01 TOTAL $11,454.00 INTEREST DATE DESORPTION SYMEICLICVSIP DUNCITY RATE I%) DEBIT AMOUNT MEDI AMOUNT 09/21/01 INTEREST ONCREDIT BALANCE 0.5000 2.09 AT 0 1/2% 09/19 THRU 09/19 0921/01 INTEREST ONCREDIT BALANCE 1.5000 6.26 AT 1 1/2% 09/20 THRU 09/20 09/21/01 INTEREST ONCREDIT BALANCE 2.5000 20.87 AT 2 1/2% 09/17 THRU 09/18 09/21/01 INTEREST ONCREDIT BALANCE 3.0000 1.589.66 AT 3403". 0821 THRU 0916 TOTAL 51.618.88 027 OS29,01:10:55 001 VS00 EFTA00200581 CLEARED THROUGH ITS wilekLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Ore Meesetech Cella North Beccidon. New Year 11201.3859 STEARNS JEFFREY EPSTEIN 8 r/1 STATEMENT PERIOD SeptelTiNN 1.2001 THROUGH &Verne., 28.2001 ACCOUNT women TAXPAYER MASER On File Your messages LAST STATEMENT August 31.2001 This statement is provided to explain Bear, Steams & Co, Beginning October 31, 2001, you may request the identity In? Inc.'s ('BSC') payment for order flow practices. of the venue to which any of your orders were routed for execution (if the order was within the six months prior to BSC routes a majority of orders for customer securities the request or July 2, 2001, whichever is a later date), transactions to the primary market for such securities. whether the order was directed by you to that venue, and Orders may also be routed to other market service vendors the time of the executions, if any, that resulted from such that assure executions pursuant to complex mathematical orders, formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge. 027 092801:10:55 001 VS00 EFTA00200582 CLEARED THROUGH ns ?mow, CAMEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC.,44.1 Cap. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 0 -4 Monlea Contm North Beccidon. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 9 STATEMENT PERIOD Septenter 1.2001 THROUGH Septernter 28.2001 ACCOUNT NUMBER TAXPAYER WESER OR File LAST STATEMENT August 31.2001 Bar Requirements: Bear, Steams Securities Corp. Net Capital and Net Capital Bar Securities and other assets in your account are the firm's collateral for any margin loan made to you, If the securities and other assets in your account decline in value, so does At May 25, 2001 and July 27, 2001, the Company's net the value of the collateral supporting your loan, and, as a capital of $2.7 billion and $2,7 billion was approximately result, the firm can take action, such as issue a margin call 8.9% and 9.2% of aggregate debit items and exceeded the and/or sell securities or other assets in any of your accounts minimum regulatory net capital requirement of $605.5 held with the member, in order to maintain the required equity million and $585,5 million by $2.1 billion and $2,1 billion, in the account. It is important that you fully understand the all respectively, risks involved in trading securities on margin, These risks include the following: A complete copy of the Bear, Stearns Securities You can lose more funds than you deposited in the Corp, Statement of Financial Condition is margin account, available on the web site yvnv bearstearns corn The firm can force the sale of securities or other assets Alternatively, to request a free printed copy please call in your account(s), -toll tree 1.866.299.9331 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 it's 'house" maintenance 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. End of Statement 027 0929031:1055 001 V500 EFTA00200583 CLEARED mecum, ns Yi110u.Y 01MmED SUBSIDIARY OFFICE SERVICING YOUR ACCOLM SW. Stearns SOOwilieS Cap. BEAR Bear. Stearns 8 Co. Inc. Ono lietrotech Center HORN 245 Park Avenue OreckIgn. Now Ywk 1120/3859 STEARNS New York, New York 10167 JEFFREY EPSTEIN STATEMENT PERK* Jul/ 28.2001 ACCOUNT EXECUTIVE ZICHERMAN.IRA TELEPHONE THROUGH August 31.2001 VISIT OUR WESSITE Aymmea'stearns.coni ACCOUNT NUMBER What's In This Statement IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII1 TAAPAYER MAIBER Cn Ede LAST STATEMENT JO 27. 2001 Financial Summary 3 JEFFREY EPSTEIN 4 358 EL BRILLO WAY Your Portfolio Holdings PALM BEACH FL 33480-4730 Transaction Detail 5 Fund Activity 6 Your Portfolio at a Glance Market Value of Your Portfolio .466.510 Cash 8 Eguvalent — TOTAL VALUE OF SECURITIES THIS PERM' 5.549.618 $10.255.320 NET CREDIT BALANCE 1.438.796 & p ales al $5.564.618 : $-5.000 $7.462.034 : $-260.000 MONEY MARKET FUND BALANCE 8.027.714 ME Current market value NET EQUITY TIES PERIOD $15.016.128 ME Last statement's market value Short market value NET EQUITY LAST STATEMENT 17.447.354 CHANGE SINCE LAST STATEMENT -2,431.226 'This paddle meiotic,' cep or mom vrpnoed ;mates Pat ere not retook,' new Total Yew of &wins and the Net Equity n.sPorrxt There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. VicAm• repeal oar ditororoo a nontooziot of tracks or stocks. nelicolod as &Woad to t Tin SOWSEY a Sennaesnal imposes only a not fl ooded as a let downers lo Cleni Sonic*. al 800134-1428: a eat to ChM SONIC.. a Boot Steam &conies ststornorc Plaid be Maned to, your records Su renews.* for wooden recemace Cap.. One Llet•olecli Cooler Honh. EtrooNynNY II2014859 027 OS01,01:10:37 001 V496 EFTA00200584 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SBN•Itkl COO. Ceol.letioloch Contot North Broeklln• New Volt 11201.3859 JEFFREY EPSTEIN 2 of STATEMENT BACKER IS PRINTED ON THIS PAGE 027 09,01,01:10:37 001 V096 EFTA00200585 CLEARED 1HRWGH ITS wisC5LY 005.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Screams S00,440 COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mevolech Cantm North Beccioon. New Year 11201.3859 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERK* Jul/ 28.2001 THROUGH August 31.2001 ACCCUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER WESER On He DC PERIOD YEAR TO DATE THIS PERIOD LAST STATEMENT JO/ 27.2001 Opening Balance $250,212.93 Dividends 4,520.00 63,519.88 Other Dividends 22,606.56 27,714.03 Securities Sold 1,138,051.14 Credit Balance Int. 775.73 30,318.16 Money Fund 2,022,606.56 Total $27,902.29 $121,552.07 Funds Deposited 45,235.74 Dividends/Interest 5.295.73 Amount Credited $3.211.189.17 Portfolio Composition Money Fund -22.606.56 LONG Funds Withdrawn -2,000.000.00 Cash/Cash Equivalent 9.466,510 Amount Debited $-2.022,606.56 Equities 5.000 5.554,618 Net Cash Activity 1,188,582.61 Total $5.000 $15.021,128 ClosingBalance $1 438 795.54 Your Portfolio Allocation Cash Balance Summary CLOSING Cash 250.212.93 1.438.795.54 Equities 36% Net Cash Balance $250,212.93 $1,438,795.54 Cash & Equivalent 63% Short Equities LI90.04e4 pOr00, 5 00.01e oar Nano, oat., OM rna•ke aye, Tho elorahr Pe vemsa is awed from to ,0501G0 market rabe01 ycv patio" 02? 09 01 01:10:21 0J1 V496 EFTA00200586 CLEARED THROUGH ITS 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 Dap. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore IAevoIcch Cella NOM Becenon. New VC* 11201.3869 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERK* Jul/ 28.2001 THROUGH August 31.2001 Your Portfolio Holdings =scuff NUMBER CASH & CASH EQUIVALENTS TAXPAYER PURSER On Foe LAST sTATELIENT JuN 27.2001 MARKET ESTIMAIED CURRENT DESCRCTION SIMBOLCUSIP QUANTITY PRICE VALUE AWOL INCOME VELD I%1 CASH BALANCE 1,438,796 DREYFUS TAX EXEMPT CASH 262021(205 8,027,714.03 1.0000 8,027,714 200,693 2.5000 MANAGEMENT INSR SH TOTAL CASH & CASH EQUIVALENTS $9,466,510 $200,693 EQUITIES Equities & Options ACCT MARKET ESTIMIED CURFENT DESORPTION MIBOLTUSIP rn.t awn PRCE VALIR ANATOL INCOME VERDI* ALLIED WASTE INDUSTFUES INC AW CASH 50,000 18.1300 906,500 NEW CENTER TR INC CTA CASH 2,000 4.1300 8.260 320 3.8741 CANFORN CHEMICAL CORP CNCPF CASH 19 Unpriced CROWN AMERICAN REALTY TRUST CWN CASH 5.000 8.3100 41.550 4.200 10.1083 FELCOR LODGING TRUST INC FCH CASH 2.000 21.0300 42.060 4.400 10.4612 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 20.7500 41.500 3.360 8.0964 GLIMCHER REALTY TRUST-SBI GRT CASH 2.000 18.1000 36.200 3.846 10.6243 HRPT PROPERTIES TR-SBI HRP CASH 10.000 8.7300 87.300 8.000 9.1638 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 28.5200 57.040 5.680 9.9579 SBI JOHNSON& JOHNSON JNJ CASH 57.800 52.7100 3.046.638 41.616 1.3660 KRAMONT REALTY TRUST KRT CASH 2.000 12.9600 25.920 2,600 10.0309 ORACLE CORP ORCL MRGN 100.000 12.2100 1.221.000 027 0001,01:10:37 001 V496 EFTA00200587 CLEARED THROUGH ITS V/HC5LY 0M5.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns SO8,448 COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. New York 10167 CeoLlevetech Cantet North Seccioon. New Yak 11201.3859 STEARNS JEFFREY EPSTEIN 5 vi STATEMENT PERK* Jul/ 28.2001 THROUGH August 31.2001 Your Portfolio Holdings (continued) AcccouT NUMBER TAXPAYER AMMER On File LAST STATEMENT Jul/ 27. 2001 Equities & Options (continued) ACCT MARKET ESTIMATED CURFEW DESCWITTION S1MBOUCUSIP TYPE OLLATITI PACE VALUE ANNUAL tICOITE rep 119 CALL ORACLE CORP SEP17.50-- CR0117 MRGN -1.000 0.0500 -5.000 Se 09122/2001 RAMO GERSHENSON PROPERTIES RPT CASH 2.000 17.0000 34,000 3.360 9.8824 TRUST-MD SBI SIRIUS SATELLITE RADIO INC SIRI CASH 1.000 6.6500 6.650 Total Equities& Options $5,549,618 $77,382 TOTAL EQUITIES $5,549,618 $77,382 YOUR TOTAL ESTIMATED ANNUAL INCOME $278.075 YOUR PRICED PORTFOLIOHOLDINGS $15.016.127 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACT/2N OESCRITTION S WOO. CuSP QUANTITY P&CE DEBIT AMOUNT OPEC. T IWO-NT 08/27/01 08/22/01 SOLD BANK ONE CORP ONE -30.561 37.30000 1.138.051.14 UNSOLICITED SEE NOTE'S' ON BACK TOTAL $1,138,051.14 027 09,01,01:10:37 001 v496 EFTA00200588 CLEARED THRWGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC.r.t.t1 Cap. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. Now York 10167 Cr.* Mem:tech Centm HMO BecciCon. Hew VC* 11201.3859 STEARNS JEFFREY EPSTEIN 6 c/ STATEMENT PERK* Ault 28.2001 THROUGH August 31.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER WESER On File DEPOSITS AND WITHDRAWALS LAST STATEMENT Jul/ 27. 2001 ili§11163141017157 46.MIN BANK.N.A. 08/08/01 FND WIRED WIRED TO 1.000.000.00 1.1.1 DREYFUS TOTAL $-2.000,000.00 $45.235.74 MONEY FUND ACTIVITY DATE MGVAY TALMJSACTICBI DESCRIPTI3N SYMEaittISIP DUMMY RACE OMIT AIAOUM CREDIT AMOUNT 07/28/01 OPENINGBALANCE 10,005,107.47 08/01/01 SOLD DREYFUS TM EXEMPT CASH 262021(205 -1,000,000 1.0000 1,000,000.00 MANAGEMENT INSTIL SH SELL FD 08/01/01 DIVIDEND 262021(205 22,606.56 =HAMM CASH MONTHLY DIVIDEND 08/01/01 REINVEST 262021(205 22.606.56 22.606.56 IMENIM FTVEH CASH DIVIDEND REINVESTED 08/08/01 SOLD 262021(205 -1.000.000 1.0000 1.000.000.00 MA& Area CASH SELL FD 027 OB01.01:10:37 001 YOB EFTA00200589 CLEARED IHRCOGH ITS »CM.? 0"ÆD SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet Szefree Beef.,et% Off. Bear. Stearns 8 Co. Inc. BOIR 245 Park Avenue New York. New York 10167 Ore Lleveieen Cent« North Bread'''. New Te" I 1201.38S9 STffiRNS JEFFREY EPSTEIN 7 ci STATEMENT PERM Jul/ 28.2001 THROUGH August 31.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER MADER OnFIIB MONEY FUND ACTIVITY (continued) LAST STATEMENT Jig/ 27. 2001 DATE MOAT TRANS:CRON DESCRIPTCN SYMBOUCIHIP OVANiry pArCE DEBIT AMOUNT CREDIT AMOUNT oaovot CLOSINGBALANCE 8.027.714.03 TOTAL $.22.606.56 $2.022.606.56 DIVIDENDS DATE DESCRIPTION SYEADOUCUSIP ~tray RUE ($ DENT AMOUNT [flea MX(9/I 07/31/01 FELCOR LODGING TRUST INC FCH 2.000 0.5500 1.100.00 REC 07/13/01 PAY 07/3001 08/23/01 HOSPITALITY PROPERTIES TRUST HPT 2.000 0.7100 1.420.00 SBI REC 07/06.01 PAY 08/23/01 08/24/01 HRPT PROPERTIES TR-SBI HRP 10.000 0.2000 2.000.00 REC 07/26101 PAY 08/24/01 TOTAL $4.520.00 INTEREST DATE °BOWDON SYMDOUCUSIP OUNATD, RATE N DEBIT AMOUNT [PEW AMCBUT 08/21/01 INTEREST ON CREDIT BALANCE 3.2500 775.73 AT 3 1/4% 07/21 THRU 08/20 TOTAL $775.73 027 09,01/01:10:27 001 11496 EFTA00200590 CLEARED THROUGH ITS YiHOU.Y 01MLED SUBSIDIARY OFFICE SERVICING YOUR ACCOMYT Beer. Steams Secy.'s., Corn. Bear. Stearns & Co. Inc. BffiR 245 Park Avenue New York, New York 10167 One lietroteeb Center Norte Breekbn. Nee Tear 1120/3859 STffiRNS JEFFREY EPSTEIN ACCOUNT EXECUTIVE GIC;REHMAN.IRA STATEMENT PER« June 30.2001 TELEPHONE THROUGH Jul, 27.2001 VISIT OUR WEBSITE ATAV • nea'stear rs.com ACCOUNT NUMBER What's In This Statement IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII1111111111111 TAXPAYER NUMBER On File LAST STATEMENT June 29.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480-4730 Transaction Detail 5 Fund Activity 6 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD' 7.192.034 Cash & Equvalent _ INS0.25 6.320 .. $11.239.819 NET CREDIT BALANCE 250.213 $7.452.034 : $460.000 Equities — MONEY MARKET FUND BALANCE 10.005.107 $7.218.564 : $430.000 ffi Current market value NET EQUITY THIS PERIOD $17.447,354 Last statement's market value Short market value NET EOUITY LAST STATEMENT 18.128.383 CHANGE SINCE LAST STATEMENT -681.029 "Gm pettreeo neloclor ere or more Lennoed seewites oat at not rejected n K Taal Value of &wins ad the Net Enry The Penal There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Memo row Mor ORECOA00 a nenrontut of teens or neat. n:ø1ø! as MANOR le Nu. annsmY e lot tdenneeOnd mean way t N ml «ended as a let Otaamert ID CNN Semen: of 800614.1420 a unto le Ohm Soneos a Bow. acorn &Nunn» Cam One Mairoltub Comte Hoek Broo1bn, NY 112014859 Sr net Tin Gatemert shield be retained for your records $ee item sude fir own«rionnatren 027 07/28,01:09:42 001 V482 EFTA00200591 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns Seca0k1 COO. Ceol.letioloch Cantot North Broeklln• New Volt 11201.0859 JEFFREY EPSTEIN 2 or STATEMENT BACKER IS PRINTED ON THIS PAGE 027 07,2801:09:42 001 V482 EFTA00200592 CLEARED 1HRWGH wilekLY OtM•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet. Screams SON, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York, New York 10167 Ore Metsolech Cana North Becck/on. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 3 al STATEMENT PERIOD June 30.2001 THROUGH Juy 27.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER AILIUMER Ofl File 1116 PERIOD YEAR TO DATE THIS PEFICO LAST STATEMENT June 29.2001 Opening Balance $239,818.84 Dividends 9.789.41 58,999.88 Other Dividends 5,107.47 5,107.47 Money Fund 1,005,107.47 Credit Balance Int. 604.68 29,542.43 Dividendsllnterest 10.394.09 Total $15.501.56 $93,649.78 Amount Credited $1.015,501.56 Money Fund -5.107.47 Funds Withdrawn -1,000.000.00 Portfolio Composition Amount Debited 5-1 005 107.47 SKR, LONG CashiCash Equivalent 10.255,320 Net Cash Activity 10,394.09 Equities 260.000 7.452.034 ClosingBatance $250,212.93 Total $260.000 $17,707,354 Your Portfolio Allocation Cash Balance Summary OP5h AG CLOSING Cash 239.818.84 250,212.93 Net Cash Balance $239.818.84 $250,212.93 Equities 41% Cash & Equivalent 58% — Short Equities 1% UnthgleCI POMP' oeno* oat tnio, o, anciv shy, male aye, Tha elorahr Pe vemar is awed from to 00101.te market rat), al >vs" pat$0, 027 O7,28.O1:09:42 001 V482 EFTA00200593 CLEARED THROUGH ITS vniCkLY OtM,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON•44,1 C0,0 Bear. Stearns & Co. Inc. BUR 245 Park Avenue New Y New York 10167 Cc* Metsolech Cerra North Becck/on. New Ye* I1201.3SS9 STEARNS JEFFREY EPSTEIN 4 STATEMENT PER•00 June 30.2001 THROUGH Juy 27.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER PURSER On File LAST STATEMENT June 29.2001 MARKET ESTIMATED DESCREPRON SYMOOLCUSP OLIANTITY PRCE VALUE ANNUAL INCOME CASH BALANCE 250,213 DREYFUS TAX EXEMPT CASH 26202K205 10,005,107.47 1.0000 10,005,107 280,143 MANAGEMENT INSR SH TOTAL CASH & CASH EQUIVALENTS $10,255,320 $280,143 EQUITIES Equities & Options ACCT MARKET ESTIMIED DJRFENT DESGRPTION 5416C4AUSIP TIN awn PRCE VALUE ANATOL INCOME TEED 00 ALLIED WASTE INDUSTRIES INC AW CASH 50,000 18.5500 927,500 NEW BANK ONE CORP ONE CASH 30.561 37.8900 1.157.956 25.671 2.2169 CENTER TR INC CTA CASH 2.000 4.1500 8.300 320 3.8554 CANICRN CHEMICAL CORP CNCPF CASH 19 Unprtioatt CROWN AMERICAN REALTY TRUST CWN CASH 5.000 8.3400 41.700 4.200 10.0719 FELCOR LODGING TRUST INC FCH CASH 2.000 21.9800 43.960 4.400 10.0091 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 19.0700 38.140 3.360 8.8096 GLIMCHER REALTY TRUST-SBI GRT CASH 2.000 17.4000 34.800 3.846 11.0517 HRPT PROPERTIES TR-SBI HRP CASH 10.000 8.5500 85.500 8.000 9.3567 HOSPITALITY PROPERTIES TRUST HAT CASH 2,000 28.9700 57.940 5,680 9.8032 S81 JOHNSON& JOHNSON JNJ CASH 57,800 53.0100 3.063.978 41,616 1.3582 KRAMONT REALTY TRUST KRT CASH 2,000 12.9000 25.800 2,600 10.0775 ORACLE CORP ORCI. MRGN 100.000 19.2300 1.923.000 027 07260193:42 001 V4S2 EFTA00200594 CLEARED THRWGH ITS wuCtLY 0)M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZerns SOC,rthel Cory. Bear. Stearns & Co. Inc. BMR 245 Park Avenue New York. Neil York 10167 Otte Menlea Cent« North Stec/don. New Yak 11201.3859 STMRNS JEFFREY EPSTEIN 5 te STATEMENT PERIOD June 30.2001 THROUGH Juy 27.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER MAKER On Ale LAST STATEMENT June 29.2001 Equities & Options (continued) ACCT MARKET ESTIMATED CURFEW DESCRPtION SYMBOUCUSIP TYPE 01.00/1T, PRCE VALUE ANNUAL INCOME yen 114 CALL ORACLE CORP SEP17.50"-- CR0117 MRGN -1.000 2.6000 -260.000 se 09122/2001 RAMCO GERSHENSON PROPERTIES RPT CASH 2.000 17.7500 35.500 3.360 9.4648 TRUST-MD SIN SIRIUS SATELLITE RADIO INC SIRI CASH 1.000 7.9600 7.960 Total Equities& Options $7.192.034 $103.053 TOTAL EQUITIES $7.192.034 $103.053 YOUR TOTAL ESTIMATED ANNUAL INCOME $383.196 YOUR PRICED PORTFOLIOHOLDINGS $17.447.353 Transaction Detail DEPOSITS AND WITHDRAWALS DATE TP.VuSACT.CN DESCRP'IEN DEBIT ALIOUM' CREDIT ANCUNT 07/23/01 FND WIRED ENDS WIRED TO 1.000.000.00 8 TOTAL $-1.000.000.00 027 07,28.01,09:42 031 V482 EFTA00200595 CLEARED 1HRWGH ITS wilekLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet SZeirns SOC,nbtf COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Ore Mevolech Cantec North SeedOpt New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 6 cl STATEMENT PERIOD June 30.2001 THROUGH Ju8 27. 2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER KINSER On File MONEY FUND ACTIVITY LAST STATEMENT June 29.2001 DATE MGDAY TRA‘JSICT).X: DESOTIPTCPI SYMBOLTUSIP CUANTITY PATE DEBIT AMOUNT CREDIT AMOUNT 06/30/01 OPENINGBALANCE 11.000.000 07/02/01 DIVIDEND MUMIHSTf. SH CASH 262028205 5,107/7 MONTHLY DIVIDEND 07/02/01 REINVEST DREYFUS TM EXEMPT CASH 262028205 5.107.47 5.107.47 MANAGEMENT INSTL SH DIVIDEND REINVESTED 07/23/01 SOLD DREYFUS TAX EXEMPT CASH 26200(205 -1000000 1.0000 1.000.000 00 MANAGEMENT INSTL SH 07/27/01 CLOSINGBALANCE 10.005.107.47 TOTAL $-5.107.47 $1.005.107.47 DIVIDENDS DATE DESCRIPTICN STIABWCUSIP GUMMY RATE r9) CENT AMOUNT CREW AMOUNT 07/02/01 BANK ONE CORP ONE 30,561 0.2100 6.417.81 REC 06/1501 PAY 07101/01 07/16/01 GLENBOROUGH REALTY TRUST INC GLB 2.000 0.4200 840.00 REC 07/01/01 PAY 07/16/01 07/16/01 GLIMCHER REALTY TRUST-Sal GRT 2,000 0.4808 961.60 REC 06/29/01 PAY 07/16/01 07/17/01 RAMCO GERSHENSON PROPERTIES RPT 2.000 0.4200 840.00 TRUST-MD SRI REC 06/30/01 PAY 07/17/01 671Mt6i YT11tJ6 CfA 2.006 0.0400 80.00 REC 07/02,01 PAY 07/20/01 027 0728.01.09:42 031 V4S2 EFTA00200596 CLEARED THROUGH ns vngxlv ONE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZAWAs SOC.,44.1 COO. Bear. Stearns & Co. Inc. BUR 245 Park Avenue New Y New York 10167 Ore Mevolech Ow:1m North Beccm/n. New Yak I 1201.3SS9 STEARNS JEFFREY EPSTEIN 7 STATEMENT PERIOD June 30.2001 THROUGH JuN 27.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER MANNER ON File DIVIDENDS (continued) LAST STATEMENT June 29.2001 DA'E DESORPTION STMEIOUOUSIP POMMY RATE DEBIT AMOUNT CREW AMOUNT 07/20/01 KRAMONT REALTY TRUST KRT 2,000 0.3250 650.00 REC 06/29/01 PAY 07/20/01 TOTAL $9,789.41 INTEREST DATE DESORPTION STMECIMISIP MAMMY RATE IV DEBIT AMOUNT CREDIT AMOUNT 07/23/01 INTEREST ON CREDIT BALANCE 3.5000 72.88 AT 3 1/2% 06/21 THRU 06/26 07/23/01 INTEREST ON CREDIT BALANCE 3.2500 531.80 AT 3 114% 06127 THRU 07/20 TOTAL $604.68 End of Statement 027 07/210102:42 001 Val2 EFTA00200597 CLEARED IHRCOGH ITS WHOLLY 01WJED SUBSIDIARY OFFICE SERVICING YOUR ACCOLM 8499. SOMAS SOPPIIMS C0q) Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York New York 10167 Ono lievotech Center North Brecklin. New Vodo 1120/3859 STEARNS JEFFREY EPSTEIN STATEMENT PERK* May 26.2001 ACCOUNT EXECUTIVE ZICHERNIAN.IRA TELEPHONE THROUGH June 29.2001 VISIT OUR WEBSITE eimwheaistearrts.com ACCOUNT NUMBER What's In This Statement TAXPAYER NUMBER On File LAST STATEMENT May 25.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480-4730 Transaction Detail 5 Fund Activity 6 Your Messages 7 Your Portfolio at a Glance Market Value of Your Portfolio Important Message Please note: You may find Cash a Egwvalent $11.239.819 more than one statement TOTAL VALUE OF SECURITIES THIS PEFUOD' 6.888.564 $55.824 in this envelope. Beginning NET CREDIT BALANCE 239.819 $7.218.564 : $430.000 this month. alt statements Equities with the same Address and MONEY MARKET FUND BALANCE 11.000.000 $6.874.435 : $-220.000 Social Security number / Taxpayer Identification Current market value NET EQUITY This PERIOD $18.128.383 number are being mailed in IM Last statement's market value one envelope. For further C Short market value details. please contact your NET EQUITY LAST STATEMENT 6,710.259 account executive. CHANGE SINCE LAST STATEMENT 11.418.124 pce9:49 ndixles fox or mem term: eecuides Inal we not retend n K TWA Value of Seasins ard Ole Net Ewe/ Ths Pencd There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Roza topHi any dirocaroo a rawoon1 of tern or Mocks. ndicolal as clantod I0 Ipu. 1/HE wwwerYhfet WOOROBBMI pop:444 (MIS ea NORM as a Umtloweert 10 Otani Sone*. al 80004-1428: a vat to ChM Sank.. a Boot Steam &conies Taw Uallernerl sho.15 be retained for yew monis See morn Oa fit inccelart Warman:a Cap.. One LlelmIeth Ceoir Honk BrooNynNY inobnee 027 06300123:28 001 V481 EFTA00200598 CLEARED 1HROUGH RS YrisekLY 0"E0 S0BSIDIARY 848r. Saee•ns SON, t4,1 COO. Ceol.letioloch Cantot North Broeklln• New Volt 11201.3859 JEFFREY EPSTEIN 2 or STATEMENT BACKER IS PRINTED ON THIS PAGE 027 M3001:23:28 001 V481 EFTA00200599 CLEARED TNROU3H ITS CAM‘.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COrP Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 OtoLlevalech Conte NOM BecciCon. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 3 c/ STATEMENT PER100 May 26.2001 THROUGH June 29.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER NADER On File DC PERIOD YEAR TO DATE THIS PERIOD LAST STATEMENT May 25.2001 Opening Balance $55,824.14 Dividends 11,454.00 49,210.47 Credit Balance Int. 225.39 28.937.75 Funds Deposited 13,672,315.31 Total $11,679.39 678.148.22 Dividends/Interest 11,679.39 Amount Credited $13,683.994.70 Money Fund -11.000.000.00 Portfolio Composition Funds Withdrawn -2,500.000.00 SKIRT LONO Amount Debited 6-13 500 000.00 CasedCash Equivalent 11.239,819 Net Cash Activity 183.994.70 Equities 330.000 7.218,564 ClosingBalance $239,818.84 Total $330.000 $18,458,383 Your Portfolio Allocation Cash Balance Summary OPENING CLOSP1G Cash 55.824.14 239,818.84 Net Cash Balance $55.824.14 $239,818.84 Equities 39% Cash 8 Equivalent 6Ob Shen Equities 1% Untenlecl croons emcee oar 0eence onto Or, male vela, The olecesm ;eent'', is owed ken Va etwol.te market rat), 01 )VV patio" 027 063601:23:28 001 V4S1 EFTA00200600 CLEARED THROUGH ITS niCkLY CAM,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 Cory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 OtoMetsolech Cerra North Becck/on. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERM May 26.2001 THROUGH June 29.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WEBER Ofl File LAST STATEMENT May 25.2001 MARKET ESTIMATED DESCRCIION STMOOLCUSP OLIANIITT PRCE VALUE ANNUAL INCOME CASH BALANCE 239,819 DREYFUS TAX EXEMPT CASH 26202K205 11,000,000 1.0000 11.000,000 363.000 MANAGEMENT INSR SH TOTAL CASH & CASH EQUIVALENTS $11,239,819 $363,000 EQUITIES Equities & Options ACCT MARKET ESMOND EURFENT DESCRPION SWMECIALISIP TIN warm PRCE VALUE ANATOL INCOME VELD PA/ ALLIED WASTE INDUSTRIES INC AW CASH 50,000 18.6800 934.000 NEW BANK ONE CORP ONE CASH 30.561 35.8000 1.094.084 25.671 2.3463 CENTER TR INC CTA CASH 2.000 4.6400 9.280 320 3.4483 CANICRN CHEMICAL CORP CNCPF CASH 19 tMpriced CROWN AMERICAN REALTY TRUST CM CASH 5.000 8.3500 41.750 4.200 10.0599 FELCOR LODGING TRUST INC FCH CASH 2.000 23.4000 46.800 4.400 9.4017 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 19.3000 38.600 3.360 8.7047 GLIMCHER REALTY TRUST-SS' GRT CASH 2.000 17.9000 35,800 3.846 10.7430 HRPT PROPERTIES TR-SBI HRP CASH 10.000 9.7300 97.300 8.000 8.2220 HOSPITALITY PROPERTIES TRUST HPT CASH 2,000 28.5000 57.000 5,680 9.9649 S81 JOHNSON& JOHNSON JNJ CASH 57,800 50.0000 2.890.000 41,616 1.4400 KRAMONT REALTY TRUST KRT CASH 2,000 13.6800 27.360 2.600 9.5029 ORACLE CORP ORCI. MRGN 100.000 19.0000 1.900.000 027 06300123:28 001 V481 EFTA00200601 CLEARED THROUGH NS ?molly Omt,,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns S0N, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. New York 1O167 OtoMetiotech Centec North BredCon. New VC* 1201.38S9 STEARNS JEFFREY EPSTEIN 5 c/ STATEMENT PERIOD May 26.2001 THROUGH June 29.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER AVESER On FIk LAST STATEMENT May 25.2001 Equities & Options (continued) ACCT MARKET ESTIMATED CURRENT DESORPTION SIMBOUOUSIP TYPE OUAN'iTI PRCE VALUE ANNUAL WOW YELD r4 CALL ORACLE CORP SEP17.5O-- CRO117 MRGN -1.OOO 3.3000 -33O.OOO UP O9.122i2OO1 RAMCO GERSHENSON PROPERTIES RPT CASH 2.OOO 17.2OOO 34.4OO 3.36O 9.7674 TRUST-MD SRI SIRIUS SATELLITE RADIO INC SIRI CASH 1.OOO 12.19OO 12.19O Total Equities& Options 56.888.564 $1O3.O53 TOTAL EQUITIES 56.888.564 $1O3.O53 YOUR TOTAL ESTIMATED ANNUAL INCOME $466.053 YOUR PRICED PORTFOLIOHOLDINGS $18.128.382 Transaction Detail INVESTMENT ACTIVITY SERIEPANT TRADE DATE DATE TPANSACDON OESCMPTION SOA00-CUSP 0-ANTir• PRCE DEST AVOW C?£0T N/O-NT 06/18/01 06/13/01 BOUGHT JOHNSON& JOHNSON JNJ 28.9OO S11( SPLIT ON 28900 SliS REC O5:22:01 PAY 002:01 TOTAL 02? OS30,101:23 28 O01 EFTA00200602 CLEARED THRWGH ITS niCkLY O"EO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 SOO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. Now York 10167 O-41km:tech Center North Beccidon. New Ye* I I2OI.38S9 STEARNS JEFFREY EPSTEIN 6 STATEMENT PERM May 26.2001 THROUGH June 29.2001 Transaction Detail (continued) ACCCUNT termer, TAXPAYER WESER Cfl File DEPOSITS AND WITHDRAWALS LAST STATEMENT May 25.2001 06/12/01 FUNDS REC NDS WIRED TO CITIBANK FROM 2,000,000.00 06/22/01 END WIRED /IRED TO 500.000.00 TRW F#202051 0 TODAY oaratiii raibnAtt rftWvintblifidfitANK rtibm 500.000.00 06/25/01 FUNDS REC FNDS WIRED TOCITIBANK FROM 11.172.315.31 TOTAL $-2,500,000.00 513,672,315.31 MONEY FUND ACTIVITY DATE MGOAT TRANSACTION DESCRIPTION SYLIECUCLISIP oumrtrry PRICE DEBIT AMOUNT CREDIT AMOUNT 05/26/01 OPENINGBALANCE 0.00 06/25/01 BOUGHT 262021(205 11.000.000 1.0000 11.000.000.00 E MINIEVE4 CASH FD 06/29/01 CLOSINGBALANCE 11.000.000 TOTAL S.11.000.000.00 02? 0080.01:2328 O01 EFTA00200603 CLEARED THROUGH ITS CAPPO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. Saee•ns S0OrPti Cap. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 0-41km:tech Cella North 0eock11n. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 7 c/ STATEMENT PERIOD May 26.2001 THROUGH June 29.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER WIPER Oft File DIVIDENDS LAST STATEMENT May 25.2001 DPI DESORPTION SYM8CLOVSIP CUANTI1Y RATE (S) DEBIT AMOUNT MEDD AMOUNT 06/12/01 JOHNSON& JOHNSON JNJ 28,900 0.3600 10,404.00 REC 05122/01 PAY 06/12/01 06/15/01 CROWN AMERICAN REALTY TRUST CViN 5,000 0.2100 1.050.00 REC 06/04/01 PAY 06/15/01 TOTAL $11,454.00 INTEREST DATE DESORPTION STMOCtiOUSIP OUMMTf RATE I%) DEBIT AMOUNT MEDD AMOUNT 06/21/01 INTEREST ONCREDIT BALANCE 3.5000 225.39 AT 3 1/2% 05/21 THRU 06/20 TOTAL $225.39 Your messages Confirmation: Unless we hear from you to the contrary. It is our understanding that any tree credit balances in your account are being maintained to facilitate your intention to invest such amounts through us. End of Statement 027 06,300312328 001 V481 EFTA00200604 CLEARED THROUGH ITS WHOLLY 01WED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Elea. SlearAS SOMAIOR1 Cap. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York New York 10167 Ono Matotech Conte Noah Brecklin. New York 1120/3859 STEARNS JEFFREY EPSTEIN STATEMENT PERKIO AO 28.2001 ACCOUNT EXECUTIVE LICHERMANJRA TELEPECCE THROUGH May 25.2001 VISIT OUR WEBSITE O.IAA.uearstearns.com ACCOUNT NUMBER What's In This Statement Illlllllllllllllllllllllllllllllllllllllllllllllllllllllllll TAXPAYER NUMBER On File LAST STATEMENT Aga 27.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480.4730 Transaction Detail 5 Your Portfolio at a Glance Market Value of Your Portfolio Important Message TOTAL VALUE OF SECURITIES THIS PEFUDEP 6.654.435 Cash S Egwvalent _L 5.824 5$$ 300.347 In an elfort to deliver statements to you more efficiently. Bear Steams NET CREDIT BALANCE 55.824 has enhanced the Equines $6.874.435 $-220.000 distribution of statements $6.825.324 $-330.000 to household accounts. NET Eason This PERIOD $6.710259 Beginning in June-all IN Current market value statements with the same NET EOUITY LAST STATEMENT 6.795.671 faiN Last statements market value Address and Social Security Q Short market value number/ Taxpayer CHANGE SINCE LAST STATEMENT -85.412 identification number will •ThIS p0010110 el.:ludas ao or man teamed mamas rat No at be mailed in a single related a he Taal Woe of Seaman and We Na Ewe/ nvs P.'sd envelope. For lurther details. please contact your account executive. There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. F1050 non oaf dIforonoo a pontoons of chats or stocks. cacao! as CIOIWOOX1 10 p5u. SLOWierYBOO, akalklatel pnesa Cary. 11151%4 NORM n a he dOCtelift 10 C.1001 satin. of 800614-1428: a yet to clam Samoa a BOW. Swarm &comes lutemeri Maki be rand for your recant So coma YM for irrocetart irdonweco Cap.. Ono Lle•oloth Camp North. BrooNri, NY II2014.50 027 COS.2601:10:08 001 v478 EFTA00200605 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, t4,1 COO. Ceol.letioloch Cantot North Broeklln• New Ye* 11201.3859 JEFFREY EPSTEIN 2 or STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0526,01:10:0B 001 HIS EFTA00200606 CLEARED THRWGH ITS ?RIMY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC."04.1 Cot. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 0 -4 Mem:tech Card“ North Beccidon. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERIOD April 28.2001 THROUGH May 25.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER WESER Ofl File THIS PERIOD Ti.eSPERICO YEAR TO DATE LAST STATEMENT NXII 27.2001 Opening Balance $300.346.70 Dividends 4.500.00 37.756.47 Credit Balance Int. 977.44 28.712.36 Funds Deposited 750.000.00 Total $5.477.44 $66.468.83 Dividends/Interest 5.477.44 Amount Credited $755,477.44 Funds Withdrawn -1.000.000.00 Portfolio Composition Amount Debited $-1.000.000.00 SNORT LONG Net Cash Activity -244.522.56 Cash/Cash Equivalent 55.824 Equities 220.000 6.874.435 ClosingBalance $55,824.14 Total $220.000 $6.930.259 Your Portfolio Cash Balance Summary Allocation OPENING CLOSINC. Cash 300.346.70 55.824.14 Cash 8, Equireest c1% Short Equities Net Cash Balance $300.346.70 $55.824.14 3% Um/Wed P0,00, 5 00°0* debt balance Amite shy, male vela, Tho elocalim percentor is Ormecl Iron to etnol.te markei value 015pJ palioo 027 OS2601:10:08 001 V078 EFTA00200607 CLEARED THROUGH ITS ?RIMY CA1h.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 Cory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mevolech Cella North Beccidon. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD April 28.2001 THROUGH May 25.2001 Your Portfolio Holdings ACCOUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER MASER On File LAST STATEMENT April 27.2001 ARKET ESTMATED DESCRPRON SYMBOLCUSP OUAN'iT‘ PRCE MVALLE ANNUAL TOCOME CASH BALANCE 55.824 TOTAL CASH & CASH EQUIVALENTS 555.824 EQUITIES Equities & Options ACCT MARKET ESTRUM CURRENT DESCR7iON SIMBOUCUSIP TYPE OUAMITY PRCE VALLE ANNUAL INCOME YIELD 'N) ALLIED WASTE INDUSTRIES INC AW CASH 50,000 16.9200 846.000 NEW BANK ONE CORP ONE CASH 30.561 38.6100 1.179.960 25.671 2.1756 CENTER TR INC CTA CASH 2.000 3.8100 7.620 320 4.1995 CANHORN CHEMICAL CORP CNCPF CASH 19 Unprked CROWN AMERICAN REALTY TRUST CWN CASH 5.000 8.3000 41.500 4.200 10.1205 FELCOR LODGING TRUST INC FCH CASH 2.000 24.5900 49.180 4.400 8.9467 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 18.5900 37.180 3.360 9.0371 GLIMCHER REALTY TRUST-SBI GRT CASH 2.000 16.2900 32.580 3.846 11.8048 HRPT PROPERTIES TR-SBI HRP CASH 10.000 8.9400 89.400 8.000 8.9485 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 27.5600 55.120 5.600 10.1597 S8I JOHNSON& JOHNSON JNJ CASH 28.900 97.2500 2.810.525 41.616 1.4807 KRAMONT REALTY TRUST KRT CASH 2.000 12.6700 25,340 2.600 10.2605 ORACLE CORP ORCI. MRGN 100.000 16.5100 1.651.000 CALL ORACLE CORP SEP17.50-- OROI17 MRGN -1.000 2.2000 -220.000 09/22/2001 027 054601:10,09 001 v4/8 EFTA00200608 CLEARED THROUGH ITS niCkLY 0MhE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs S0C,r44,1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. Nell York 10167 0-41km:tech Center North Beccidon. New Yuk I I20I.38S9 STEARNS JEFFREY EPSTEIN 5 ci STATEMENT PERIOD WI 28.2001 THROUGH May 25.2001 Your Portfolio Holdings (continued) ACCCUNT NUMBER TAXPAYER KINSER ON File LAST STATEMENT WI 27.2001 Equities & Options (continued) ACCT WAKE! ESTIMATED CURRENT DESORPTION SIMBOUCUSIP TYPE RUMMY PRCE VALLE ANMJAL INCOIAE YELD IN4 RAPACO GERSHENSON PROPERTIES RPT CASH 2,000 16.8800 33,760 3,360 9.9526 TRUST-MD SBI SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 15.2700 15,270 Total Equities& Options $6,654,435 $102.973 TOTAL EQUITIES $6.654,435 $102.973 YOUR TOTAL ESTIMATED ANNUAL INCOME $102.973 YOUR PRICED PORTFOLIOHOLDINGS $6.710,259 Transaction Detail DEPOSITS AND WITHDRAWALS DESCRPICfI CREDIT /MOUNT 05/23/01 FUNDS AEC CTCDS IN NWIRED TO CI! IBANK FROM 750.000.00 TOTAL $-1.000.000.00 $750.000.00 027 05.26.01:10:09 031 Y478 EFTA00200609 CLEARED THROUGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 GNP Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mevolech Contm North Beccidon. New TAN 11201.3859 STEARNS JEFFREY EPSTEIN 6 c, STATEMENT PERIOD April 28.2001 THROUGH May 25.2001 Transaction Detail (continued) ACCOUNT mom., TAXPAYER KINSER Cfl File DIVIDENDS LAST STATEMENT April 27.2001 DATE OESCRPTION STMEICIAUSIP OUPAMTf RATE (S) OEM! AMOUNT CREDIT AMOUNT 04/30/01 FELCOR LODGING TRUST INC FCH 2,000 0.5500 1,100.00 REC 04113/01 PAY 04/3001 05/24/01 HOSPITALITY PROPERTIES TRUST HPT 2,000 0.7000 1,400.00 SBI REC 04/23101 PAY 05/24/01 05/25/01 HRPT PROPERTIES TR-SBI HRP 10,000 0.2000 2,000.00 REC 04/24/01 PAY 05/25/01 TOTAL $4,500.00 INTEREST DATE DESCRIPTION SYT.IDECCWIP OUNimY RATE IT4 DEBIT AMOUNT CREDIT AMOUNT 05/21/01 INTEREST ON CREDIT BALANCE 3.5000 175.84 AT 3 1/2% 05/I5 THAU 05/20 05/21/01 INTEREST ON CREDIT BALANCE 4.0000 801.60 AT 4.000% 04,21 THRU 05/14 TOTAL $977.44 End o1 Statement 027 D52601:10:00 001 HIS EFTA00200610 CLEARED THRIXIGH nS WHCU.Y OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Elea. SOMAS SOOrlIkeS COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York, New York 10167 Ono Ma totoch Center NO... Elitcklin. New Yak 112013558 STEARNS JEFFREY EPSTEIN STATEMENT PERIOD March 31.2001 ACCOUNT EXECUTIVE LICHERMAN.IRA TELEPHONE THROUGH April 27.2001 VISIT OUR WEBSITE nYUT.UearatearrS .COM ACCOUNT NUMBER What's In This Statement TAXPAYER WIRIER On File LAST STATEMENT March 30.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480-4730 Transaction Detail 5 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PER)D0 6.495.324 Cash 8 Enurelent -ISE $1.783.013 NET CREDIT BALANCE 300.347 $6.825.324 : $-330.000 Equities • =3 •9, >3• f $6.267A68 : $.230.000 NET EQUITY THIS PERIOD $6.795.671 ME Current market value NET EOUITY LAST STATEMENT 7.820.481 UM Last statements market value C Short market value CHANGE SINCE LAST STATEMENT -1,024.810 'Rd portfolio melodies ono or mom uroneod socurnos inot wo not related max Taal Yarue of Savings and the Nee Ewe/ 11.5 Ronal There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Plo.vo noon oaf diforonoo a nonracial ol Weeks or stocks, milleolod as doltrorod to you. tot WaTaTY a for dantatCoal osmoses only Okra @landed as Oman to Gant Sone*. of 800(31.1428: a ono to ChM SONINIS a Boot Steam &canes stationtrc should be retailed for your records See reverse rake moonset recemssea Cap.. One lAetotali Cada North. BrooN>n, NY. II201-5054. 027 NV2601:17:05 001 Yd71 EFTA00200611 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, t4,1 COO. 0 -41.1etioloch Cantot North Broeklln• New Volt 11201.3859 JEFFREY EPSTEIN 2 of STATEMENT BACKER IS PRINTED ON THIS PAGE 027 042801:17:05 001 V471 EFTA00200612 CLEARED 1HRWGH WHOLLY OHBE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Szeirns SON, t4,1 C0,0 Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Ore MeeseNMI Cella North Beak/on. New Yak I1201.38S9 STEARNS JEFFREY EPSTEIN 3 ci STATEMENT PERM Match 31.2001 THROUGH *11 27.2001 ACCOUNT NUMBER Cash Flow Analysis Income Summary TAXPAYER NLINMER On File HS PERICO YEAS TO DATE THIS ItRICO LAST STATEMENT March 30.2001 Opening Balance $1,783,012.72 Dividends 9.789.41 33.256.47 Credit Balance Int. 5.199.13 27.734.92 Funds Deposited 1,500,254.44 Total $14.988.54 $60,991.39 Dividends/Interest 14,988.54 Miscellaneous 2,091.00 Amount Credited $1,517.333.98 Portfolio Composition Funds Withdrawn -3,000.000.00 SKIRT LONO Amount Debited $.3.000.000.00 Cash/Cash Equivalent 300,347 Net Cash Activity -1.482.666.02 Equities 330.000 6.825,324 ClosingBalance $300.346.70 Total $330.000 $7,125,671 Your Portfolio Allocation Cash Balance Summary OPENING CLOSING Cash & Equivalent—, 4% Cash 1,783,012.72 300246.70 Short Equities— I' 4% Net Cash Balance $1.783,012.72 $300,346.70 — Equities 92% Untedecl ponons Ppm* debt bebop, ander 'hoe mete vote, Re elomben pertemer m clewed hem be ebscUe market "Sue of ILO oak.» 027 04/24.01:17:C6 001 1471 EFTA00200613 CLEARED THROUGH ITS vrisekLY 11,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Cc* Metsolech Cantot North Becck/on. New Ye* 112014859 STEARNS JEFFREY EPSTEIN 4 STATEMENT PER100 Muth 31.2001 THROUGH April 27.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WESER Cfl FIk LAST STATEMENT Mardi 30.2001 MARKET (STOWED DESERPRON STUDOLCUSP DUMMY PACE VALUE ANNUAL INCOME CASH BALANCE 300.347 TOTAL CASH & CASH EQUIVALENTS $300.347 EQUITIES Equities & Options AEC! IMFOCE1 ESTRUM CURRENT DESCR7JOU SIMBOUCUSIP TYPE DUAMITY PRCE VALUE ANNUAL INCOME YIELD 1%) ALLIED WASTE INDUSTRIES INC AW CASH 50,000 16.5600 828.000 NEW BANK ONE CORP ONE CASH 30.561 38.4000 1.173.542 25.671 2.1875 CENTER TR INC CTA CASH 2.000 3.6000 7.200 320 4.4444 CANHORN CHEMICAL CORP CNCPF CASH 19 Unpiked CROWN AMERICAN REALTY TRUST CWN CASH 5.000 7.0000 35.000 4.200 12.0000 FELCOR LODGING TRUST INC FCH CASH 2.000 21.5800 43.160 4.400 10.1946 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 17.4000 34.800 3.360 9.6552 GLIMCHER REALTY TRUST-SBI GRT CASH 2.000 15.4400 30.880 3.846 12.4547 HRPT PROPERTIES TR.SBI HRP CASH 10.000 8.7900 87.900 8.000 9.1013 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 26.2500 52.500 5.600 10.6667 SITH JOHNSON& JOHNSON JNJ CASH 28.900 95.3800 2.756.482 36.992 1.3420 KRAMONT REALTY TRUST KRT CASH 2.000 11.1000 22.200 2.600 11.7117 ORACLE CORP ORCL MRGN 100.000 17.1400 1.714.000 CALL ORACLE CORP SEP17.50-- OR0117 MRGN -1.000 3.3000 -330.000 ET 09,22/2001 027 0448.01:17:05 001 V471 EFTA00200614 CLEARED THROUGH ITS wuCtLY O‘MED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZerns S0C,M*1 Cory. Bear. Stearns 8 Co. Inc. BMR 245 Park Avenue New York. Neil York 10167 Ore Mevalech Cent« North Beccidon. New Yak 11201.3559 STMRNS JEFFREY EPSTEIN 5 te STATEMENT PERKO Mare 31.2001 THROUGH 27.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER WEBER OR File LAST STATEMENT Maria 30.2001 Equities & Options (continued) ACCT WWI ESTIMATED CURFENT DESORPTION SIMBOUCUSIP TYPE OUANTITY IRCE VALUE ANNUAL INCOME ream) FTAMCO GERSHENSON PROPERTIES RPT CASH 2,000 14.9000 29.800 3,360 11.2752 TRUST-MD SRI SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 9.8600 9,860 Total Equities& Options $6,495,324 $98.349 TOTAL EQUITIES $6,495,324 $98.349 YOUR TOTAL ESTIMATED ANNUAL INCOME $98.349 YOUR PRICEDPORTFOLIOHOLDINGS $6.795.670 Transaction Detail DEPOSITS AND WITHDRAWALS TRANSACTION CREDIT Mete FND WIRED ENDS WIRED TO BK 8 TR CO Mt/06427 G FROM CTC 04112101 FUNDS REC ENDSWIRED TO CITIBANK FROM 1,500,000.00 04/18/01 FUNDS REC ENDS WIRED TO CrIBANK FROM 23.05 027 042601:17:06 001 V471 EFTA00200615 CLEARED THROUGH ITS niCkLY OWED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns & Co. Inc. BUR 245 Park Avenue New Y New York 10167 Otto Mevolech Center North Beano. New Ye* I I2DI.38S9 STEARNS JEFFREY EPSTEIN 6 STATEMENT PERIOD Mandl 31.2001 THROUGH WI 27.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER MASER On File DEPOSITS AND WITHDRAWALS (continued) LAST STATEMENT MATO 30.2001 DATE ts,ers,lct DESORPTION DEBIT AMOUNT CREDIT AMOUNT O4/18/01 FUNDS REC FNDS WIRED TO CITIBANK FROM 231.39 TOTAL iii $-3.000,000.00 $1.500,254.44 DIVIDENDS DATE DESCRIPTION STLIDOLPCUSIP OUNYTITT PATE ($) CCM! AMOUNT CREDIT AMOUNT 04/02/01 BANK ONE CORP ONE 30561 0.2100 6.417.81 KC 03/15.01 PAY 04101/01 04/16/01 GLENBOROUGH REALTY TRUST INC GLB 2,000 0.4200 840.00 REC 04/01/01 PAY 04/16/01 04/16/01 GLIMCHER REALTY TRUST-SBI GRT 2.000 0.4808 961.60 REC 03/30101 PAY 04/16/01 04/17/01 RAMCO GERSHENSON PROPERTIES RPT 2.000 0.4200 840.00 TRUST-MD SRI REC 03131/01 PAY 04117/01 04/20/01 CENTER TR INC CTA 2.000 0.0400 80.00 REC 04/0201 PAY 04/2001 04/20/01 KRAkeNT REALTY TRUST KRT 2.000 0.3250 650.00 REC 03/29/01 PAY 04/20/01 TOTAL $9.789.41 INTEREST DATE DESORPTION STMECUCUSIP OWARITT RATE IV DEBT AMOUNT CREW AMOUNT 04/23/01 INTEREST ON CREDIT BALANCE 4.0000 98.22 AT 4,000% 04/18 THRU 04/20 027 Dili2SOI :I 7:0S 001 V47I EFTA00200616 CLEARED THROUGH ITS YrisekLY 0\LNEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet SZeirns SON, t4,1 COO. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Ore Mevolech Contm North BredCon. New Ye* 11201.38S9 STEARNS JEFFREY EPSTEIN 7 cl STATEMENT PERIOD Muth 31.2001 THROUGH WI 27.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER WESER Cfl File INTEREST (continued) LAST STATEMENT MVO 30.2001 DA'E DESORPTION SYMBCILiCUSIP CAMINTIN RATE I%) DEBIT AMOUNT MDR AMOUNT 04123101 INTEREST ON CREDIT BALANCE 4.5000 5.100.91 AT 4 12% 0321 THRU 04;17 TOTAL $5199.13 MISCELLANEOUS CAI MO:DAY TPANSACT.Ch DESCALPT.CIN DEBT AMOUNT CP£CIT MAOLN1 04/02/01 JOURNAL FROM 2.091.00 LOA TOTAL $2.091.00 End of Statement 027 OA/2601:17:0S 001 V471 EFTA00200617 CLEARED THROUGH NS YAICU.Y 01WE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOLIVT Bear. Sta&MS 80001*. Gap. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York• New York 10167 Coo Lleaotech Center Noah etCCk411. Near Yet* 1120/3859 STEARNS JEFFREY EPSTEIN STATEMENT PERM Fetrua4 24.2001 ACCOUNT EXECUTIVE ZICHERMAN.IRA TELEFICCE THROUGH March 30.2001 VISIT OUR WEEISITE www.uearstearns.com ACCOUNT NUMBER What's In This Statement 'III II 11111111III I II I I 1I 11I 11I 11111111III I 1I II I I 11I I I I II I I1 TAAPAYER NUMBER STATEMENT February 23.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480.4730 Transaction Detail 5 Your Messages 8 Your Portfolio at a Glance Market Value of Your Portfolio Important Notice DecimalTrading is Here for Cash a Egwvalent 51.783.013 TOTAL VALUE OF SECURITIES THIS PEROD' 6.037.468 Nasdaq! riMathfliiri“C " Si.970.319 Decimal Trading is the shift NET CREDIT BALANCE 1.783.013 $6.267.468 : $-230.000 from fractional pricing Equines $6.057463 : S-34.500 (e.g.21 1:2) to decimal NET EQUITY THIS PERIOD $7.820.481 pricing (e.g.521.50)10r ME Current market value equities and options. El Last statements market value Nasdaq securities have NET EOUITY LAST STATEMENT 7.993.282 been phased in during March C Short market value CHANGE SINCE LAST STATEMENT -172.801 and the remaining securities •ThIS p0010110 didudOS ao or mm teamed mamas rat me me are scheduled to be trading in rotated . Me Taal Yea of Seewbos and the Nd Cooly nw renxt decimals in April. For details. visit our website at There are no 'Stop Loss' orders or other pending buy vcww.bearstearns. or sell open orders on file for your account. com. Reza mod any dtteracoe a rawooMat of deal or MOCKS. malcalod as dal/roma lo te i a. 1/..SLOYMani for 11k0, 800081 poem wry. It Is ea irloadod n a tat &anti to Clem Somme at 800611-1128: a veto to Clom SONICOS at Boas. Steam &cum*. Mos Mtwara shaa:1 be read for your records Soo mom Sofa mortar agermatrin Cap.. Ono lAttotali Cala Hate. frooN>n, N Y 1120bSen 027 033101:17:01 D01 8466 EFTA00200618 CLEARED 1HROUGH RS YrisekLY 0"60 S0BSIDIARY 848r. Saee•ns SON, t4,1 COO. Ore Momloch Cantot North Brocklln• New VC* 11201.3859 JEFFREY EPSTEIN 2 ore STATEMENT BACKER IS PRINTED ON THIS PAGE 027 maim 17:01 001 V466 EFTA00200619 CLEARED THROUGH ITS witCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Steams Sec,mt.ti GOO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Cr.* Mevolech Denim North Becck/on. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERIOD February 24.2001 THROUGH March SO. 2001 ACCCUNT NUMBER - Cash Flow Analysis Income Summary TA%PAYER WEBER PERIOD YEAR TO DATE THIS PERICO LAST STATEMENT February 23.2001 Opening Balance $1,970,318.90 Dividends 10.285.50 23,467.06 Credit Balance Int. 5.070.42 22,535.79 Securities Sold 1,581,539.40 Total $15,355.92 $46,002.85 Funds Deposited 1,000,000.00 Dividendsllnterest 15,355.92 Amount Credited $2,596,895.32 Portfolio Composition Securities Bought -1,784.201.50 SKR! LONO Miscellaneous -1.000.000.00 Cash/Cash Equivalent 1.783.013 Amount Debited 9-2.784,201.50 Equities 230.000 6.267.468 Net Cash Activity -187.306.18 Total $230.000 $8,050,481 Closing Balance $1,783,012.72 Same Oaf tanner's ci cash balsam accost bps, are not onckaled on ibis Your Portfolio ;mtge. such Irene/era as well as details Icy all otter Iressacicea Ins penal. Allocation appeal in TtifiL1C11:O Cash Balance Summary Cash & Equivalent 22% OFFNNG CLCt31NO Cash 1.970,318.90 1,783,012.72 Short Equit 2% Net Cash Balance $1.970.318.90 $1.783.012.72 Equities 76% Unshaded croons canoe oat beano, *nth:, shy, market vales The elocahr I:events-0 te armed hem the ebsoLte market rat), el sVV %Mb., 027 03/3liti 17:01 DDT Va66 EFTA00200620 CLEARED THROUGH ITS 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r44,1 Cory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 0-41km:tech Cella North Beccidon. New Ye* 11201.3659 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 Your Portfolio Holdings ACCOUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER ARMER LAST STATEMENT February 23.2001 MARKET ESTMATED DESCRPRON SYMBOLCUSP OUAN'ITI PACE VALUE ANNUAL RCOME CASH BALANCE 1.783.013 TOTAL CASH & CASH EQUIVALENTS $1.783.013 EQUITIES Equities & Options ACCT PALRRE1 ESTRUM') CURREN' DESCR7iON SIMBOUCUSIP TYPE OUAMITY PRCE VALUE ANNUAL INCOME VIEW 14) ALLIED WASTE INDUSTRIES INC AW CASH 50,000 15.6800 784.000 NEW BANK ONE CORP ONE CASH 30.561 36.1800 1.105.697 25.671 2.3217 CENTER TR INC CTA CASH 2.000 3.9200 7.840 320 4.0816 CANHORN CHEMICAL CORP CNCPF CASH 19 TMpriced CROWN AMERICAN REALTY TRUST CWN CASH 5.000 6.7500 33.750 4.150 12.2963 FELCOR LODGING TRUST INC FCH CASH 2.000 22.9500 45.900 4.400 9.5861 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 17.4000 34.800 3.360 9.6552 GLIMCHER REALTY TRUST-SBI GRT CASH 2.000 15.1100 30.220 3.846 12.7267 HRPT PROPERTIES TR-SBI HRP CASH 10.000 8.2800 82.800 8.000 9.6618 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 26.4000 52.800 5.600 10.6061 S8I JOHNSON& JOHNSON JNJ CASH 28.900 87.4700 2.527.883 36.992 1.4634 KIT/WONT REALTY TRUST KRT CASH 2.000 11.0200 22.040 2.600 11.7967 ORACLE CORP ORCI. MRGN 100.000 14.9800 1.498.000 CALL ORACLE CORP SEP17.50-- OR0117 MRGN -1.000 2.3000 -230.000 09/22t2001 02? maim 17:01 001 V466 EFTA00200621 CLEARED THRWGH ITS vniCkLY CA1T,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns S0N, t4,1 Dory. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New York. Nete York 10167 Ore Meesetech Cella North BredCon. New Year I I201.38S9 STEARNS JEFFREY EPSTEIN 5 v./ v. STATEMENT PEENce February 24.2001 THROUGH March 30.2001 Your Portfolio Holdings (continued) ACCCUNT NUMBER TAXPAYER WESER LAST STATEMENT February 23.2001 Equities & Options (continued) ACCT MARKET ESTIMATED CURNSNIT DESORPTION SIMBOUCUSIP TYPE ODAMITT PACE VALUE ANNUAL Wan YELD RAPACO GERSHENSON PROPERTIES RPT CASH 2,000 14.6500 29.300 3,360 11.4676 TRUST-MD SBI SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 12.4380 12.438 Total Equities& Options $6.037,468 $98.299 TOTAL EQUITIES $6.037.468 $98.299 YOUR TOTAL ESTIMATED ANNUAL INCOME $98.299 YOUR PRICED PORTFOLIOHOLDINGS $7,820,480 Transaction Detail INVESTMENT ACTIVITY SEDUMENT TRADE DATE DATE TRANSACTION OESORPTION SYMBOL:CUSP OVANNTe NICE DEBIT AMOUNT CREPT MMUNT 03/05/01 03/02/01 SOLD CALL ORACLE CORP SEP17.50* ' 00R0117 .1.000 4.25000 421,483.33 EXP 09/22(2001 UNSOLICITED OPEN CONTRACT 03/07/01 03/02/01 BOUGHT ORACLE CORP ORCL 100.000 17.75000 1,781.002.50 WITH RIGHTS TO PURCHASE PREFRD GM UNDER CERTAIN CIRCUMSTANCE UNSOLICITED 027 02131.01:17:01 DDT VMS6 EFTA00200622 CLEARED THRWGH ITS wilekLY 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC,r,PRI COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Otto Mevalech Cella North Beccidon. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 6 p, STATEMENT PERK* February 24.2001 THROUGH March 30.2001 Transaction Detail (continued) ACCCUNT Farmer, TAXPAYER NUIA3ER INVESTMENT ACTIVITY (continued) LAST STATEMENT February 23.2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTKIN STIMOLCUSa' 4JANTITY PRCE DEBIT AMOUNT CHEM AMINO 03/09/01 JOURNAL CALL ABERCROMBIE& MAR 030"" 0028969C4 1 DIP 03/17/2001 NE OANFC30 ASSIGNED 00006 bati eastarei tritS AlittintOMIlE & Oda A AN -Mb 30.00000 2.947.40 SHORT, NE OANFC30 1 ASSIGNED AS OF 0310991 03/19/01 JOURNAL ABERCROMBIE 8 FITCH CO-CL A ANF -100 3.19900 TO CLOSE 80% POS JOURNAL FROM TYPE I TO 5 03/19/01 JOURNAL CALL ABERCROMBIE& MAR 030" • • 0028969C4 299 SIP 03/17/2001 NE OANFC30 ASSIGNED 00092 03/19/01 JOURNAL ABERCROMBIE 8 FITCH CO-CL A ANF 100 3,199.00 TO CLOSE BOX POS JOURNAL FROM TYPE 1 TO 5 03/21/01 03/19/01 SOLD ABERCROMBIE 8 FITCH CO-CL A ANF -29,900 30.00000 896.220.10 NE OANFC30 299 ASSIGNED 03/22/01 03/19/01 SOLD ABERCROMBIE 8 FITCH CO-CL A ANF -7,978 32.36110 257989.57 UNSOUCITF_D TOTAL $-1.784.201.50 51.581.539.40 DEPOSITS AND WITHDRAWALS DATE TPANSACNCN DESCRP'ION DEBIT AMOUNT CREDIT AMOUNT 03/12/01 FUNDS REC ENDS WIRED TO CITIBANK FROM 1.000.000.00 TOTAL $1.000.000.00 027 maim 17:01 DDT 1/488 EFTA00200623 CLEARED THROUGH ITS vrisekLY 11,.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. Saee•ns SON, t4,1 Dory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 0-c Mevolech Cella North 0eock11n. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 7 th/ STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER POWER DIVIDENDS LAST STATEMENT February 23.2001 DESORPTION SYM8CLCUSIP WANTITY RATE (Si DEBIT AMOUNT GREW AMOUNT 03/13/01 JOHNSON& JOHNSON JNJ 28,900 0.3200 9,248.00 REC 02/20/01 PAY 03/13/01 03/16/01 CROWN AMERICAN REALTY TRUST CWN 5,000 0.2075 1,037.50 REC 03/05.01 PAY 03/1501 TOTAL 510,285.50 INTEREST DATE DESORPTION STMEICLICVSIP OUNVIIIT RATE PH men AMOUNT MEDD AMOUNT 03/21/01 INTEREST ON CREDIT BALANCE 4.5000 78.00 AT 4 1/2% 03/20 THRU 03/20 01/2101 INTEREST ON CREDIT BALANCE 5.0000 4.992.42 AT 5000% 02121 THRU 03/19 TOTAL $5.070.42 MISCELLANEOUS DATE mon vommen:ft DESCRIPTOR DEW AMOUNT CREW MIS1T 03/05/01 JOURNAL JOURNAL FROM TYPE 1T02 1.359.519.17 03105/01 JOURNAL JOURNAL FROM TYPE 1T02 1.359.519.17 03/12/01 JOURNAL JOURNAL FROM TYPE 1T02 610.799/3 03/12/01 JOURNAL 70 038.66056 1.000.000.00 03/12/01 JOURNAL JOURNAL FROM TYPE 1T0 2 610,799.73 03/19/01 JOURNAL JOURNAL FROM TYPE I TO 2 389.200.27 03/19/01 JOURNAL JOURNAL FROM TYPE 1 TO 2 389.200.27 027 maim 17:01 DDT V466 EFTA00200624 CLEARED THROUGH ITS niCkLY CAM•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 Cory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 OtoLlevelech Cella North BecciOon. New Year 11201.3859 STEARNS JEFFREY EPSTEIN 8 c./ STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER MAWR MISCELLANEOUS (continued) LAST STATEMENT February 23.2001 DATE MOAT TRANSACTOR DESCRIPTOR DEBIT AMOUNT CPECIT MaOuta 03/20/01 JOURNAL JOURNAL FROM TYPE 1T05 251.60 03/20/01 JOURNAL JOURNAL FROM TYPE 1T05 251.60 TOTAL $-3.359.770.77 $2.359.770.77 Your messages Bear, Stearns Securities Corp. Net Capital and Far Net Capital Requirements: At November 30, 2000 and January 26, 2001, the Companys net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $572,456,000 and $559,381,000 by $2,048,504,000 and $2,202,436,000, all respectively. A complete copy of the Bear, Steams Securities Corp. Statement of Financial Condition is available on the web site wwbv,bearstearns,com, Alternatively, to request a free printed copy please call • toll free 1.866.299.9331, End of Statement 027 maim 17:01 001 V4B0 EFTA00200625 CLEARED THROUGH ITS YrHMV 1e.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirn5 SON, IMS CaP. Bear. Stearns & Co. Inc. BEAR 245 Path Avenue New York, New York 10167 Ore Metsolech Center North Becck/on. New Yak 112013959 STEARNS JEFFREY EPSTEIN ACCOUNT EXECUTIVE LICHERMAN.IRA STATEMENT PERK* January 27.2001 TELEPHOAE THROUGH February 23.2001 VISIT OUR WEBSITE 67A% uearsteams.com ACCOUNT NUMBER What's In This Statement IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII1 TAXPAYER M,493ER LAST STATEMENT January 26.2001 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480-4730 Transaction Detail 5 Your Messages 9 Your Portfolio at a Glance Market Value of Your Portfolio Cash & Equvalent Alo,970,319 TOTAL VALUE OF SECURITIES THIS PERIOD' 6,022,963 . kIRW 53.014.704 NET CREDIT BALANCE 1,970,319 864057.46 Equities , , 3 : 6-34.500 ' comm mmoCI 18.538.471 : $- 1.224.500 NET EQUITY This PERIOD $7,993,282 Current market value Last statements market value NET EQUITY LAST STATEMENT 10,328,675 IN C Short market value CHANGE SINCE LAST STATEMENT -2,335,393 -Ths patrol* , dudes one or more 'synced mashes MA are not Netacoal Pito Taal Vas ol Soothes an, Me Na Ewer TNs Pored There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Plaza copal ant cliforonoo a nanrocag of nets or Mocks. °Scalia as daltrorod to pau. pax*, ofly II h ra do -maws 10 ClOol Senior; al 800614.1428: a vat to Choi SONIC.. M Sow. Steam &conies Cap.. One Metolea, Calor Hodh. SrooNri, NY. Ii2ol.seee SVC ins TTM SurfNus0 00, rienwabOall fended as a tas unormars sham ba maned to your records See mon* td for mponart nfammon 02T 0224401:20M2 001 EFTA00200626 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, t4,1 COO. Ceol.letsolech Cantot North Broeklln• New Ye* 11201.3859 JEFFREY EPSTEIN 2 or $ STATEMENT BACKER IS PRINTED ON THIS PAGE 02? 02/24,01:20:42 001 EFTA00200627 CLEARED 1HRWGH era ViHWY OBBE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Stearns S0PA.* COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore NeboI cc h Comm North Brockton. New Year 11201.3859 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERIOD January 27.2001 THROUGH February 23.2001 ACCOUNT NUMBER Cash Flow Analysis Cash Balance Summary TAXPAYER KAMER THIS PEFICO CPENNO CLOSING LAST STATEMENT January 26.2001 Opening Balance $3,014,703.74 Cash -28.98 1,970,318.90 Securities Sold 9,196,568.28 Margin 3.014.732.72 0.00 Funds Deposited 2,206,841.99 Net Cash Balance $3.014.703.74 $1,970,318.90 Dividends Interest 16,935.39 Amount Credited $11,420,345.66 Securities Bought -7,464.730.50 Income Summary THIS PERIOD YEAR TO DATE Funds Withdrawn -5.000.000.00 Dividends 5,503.75 13,181.56 Amount Debited 8-12.464.730.50 Credit Balance Int. 10.331S4 17.465.37 Net Cash Activity -1.044.384.84 Total $15,835.39 $30.646.93 Closing Balance $1,970,318.90 Same dee tannen et cosh beleteen amount Bees ate not rocketed in we Your Portfolio ;cotton. such Iranefera as well as details Icy as otter Pans=Ices Ins penod. Allocation appeal la Transaction Dotal. Portfolio Composition SHORT LONG CashiCash Equivalent 1.970,319 Equities 34.500 6.057,463 Cash & Equivalent 24% Total $34.500 $8,027,782 Short Equities cl% - Equities 75% Untamed croons awn* Oat Diane, antler shoe market votes The Morahan ;events-0 is dewed Man to abscUe market rat), al >vv porkno 027 02/24/DI:20:42 001 EFTA00200628 CLEARED THROUGH ITS ?RIMY 0Mt,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, 14,1 Cory. Bear. Stearns & Co. Inc. Ore Mevolech Contm North BEAR 245 Park Avenue New Y New York 10167 Beccidon. New Ye* 11201.38S9 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD January 27.2001 THROUGH February 23.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WESER LAST STATEMENT January 26.2001 MARKET ESTIMATED DESCRPTION SYMBOLCUSP DUMMY PRCE VALLE ANNUAL ROWE CASH BALANCE 1.970.319 TOTAL CASH & CASH EQUIVALENTS $1,970,319 EQUITIES Equities & Options ADC! TWEET ESTIMATED CURRENT DESCRriOU SYMBOL CUSIP TVE QUANTITY PRCE VALLE ANNUAL NCOIAE YELD ABERCROMBIE & FITCH CO-CL A ANF CASH 37,978 28.2100 1.071.359 CALL ABERCROMBIE& MAR 030**" ANFC30 CASH -300 1.1500 -34.500 DP 03/17i2001 ALLIED WASTE INDUSTRIES INC AW CASH 50.000 16.0000 800.000 NEW BANK ONE CORP ONE CASH 30.561 34.8300 1.064.440 25,671 2.4117 CENTER TR INC CTA CASH 2.000 6.2900 12.580 1.680 13.3545 CANHORN CHEMICAL CORP CNCPF CASH 19 Unprioa0 CROWN AMERICAN REALTY TRUST CWN CASH 5,000 6.6900 33.450 4.150 12.4066 FELCOR LODGING TRUST INC FCH CASH 2,000 23.7000 47.400 4.400 9.2827 GLENBOROUGH REALTY TRUST INC GLB CASH 2,000 18.7000 37.400 3,360 8.9840 CLINCHER REALTY TRUST-SBI GRT CASH 2.000 14.0800 28.160 3.846 13.6577 HRPT PROPERTIES TR-SBI HRP CASH 10.000 7.8500 78.500 8.000 10.1911 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 25.7000 51.400 5.600 10.8949 S8I JOHNSON& JOHNSON JNJ CASH 28.900 95.4900 2.759.661 36.992 1.3405 027 022401:20A2001 EFTA00200629 CLEARED IHRCOGH ITS ~MY 0"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZetrns Cory. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New YY New York 10167 Cr.* Meeselea Conte< North Scamp. New lee" 11201.3859 STD;RNS JEFFREY EPSTEIN 5 STATEMENT PERO) January 27.2001 THROUGH February 23.2001 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER NIALICER LAST STATEMENT January 26.2001 Equities & Options (continued) ØT MARKET ESTIMATED CURES'« DESCRIPTION SYMBOLCUSIP TYPE OUANTITT PRCE VALUE ANNUAL tiCOME YEID IS4 KRAMONT REALTY TRUST KRT CASH 2,000 10.4000 20.800 2.600 12.5000 RAMCO GERSHENSONPROPERTIES RPr CASH 2,000 14.2500 28.500 3.360 11.7895 TRUST-MD SBI SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 23.8130 23.813 Total Equities& Options $6.022.963 $99.659 TOTAL EQUITIES $6.022.963 $99.659 YOUR TOTAL ESTIMATED ANNUAL INCOME $99,659 YOUR PRICEDPORTFOLIOHOLDINGS $7.993.281 Transaction Detail INVESTMENT ACTIVITY scruuua TRADE DATE DATE TRANSACT/ON DESCRIPTION SYMBOLCUSP CVANTITY PRICE DEBIT AMOUNT CRECIT AMOUNT 01/29/01 01/26/01 SOLD CALL ABERCROMBIE& MAR 030"" OANFC30 -300 2.37500 70,195.12 SIP 03117/2001 UNSOUCRED OPEN CONTRACT 129/01 NRXI unrernreaw JOURNAL FROM TYPE I TO 2 01/29/01 JOURNAL BANK ONE CORP ONE 30,561 JOURNAL FROM TYPE I TO 2 02? 02,24,01:20:42 001 EFTA00200630 CLEARED THROUGH ITS YiHOU.Y OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BNB. SOMAS SOORIORS COI0 Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ono Mettotech Center North BreckIgn. New Ye* 1120/3859 STEARNS JEFFREY EPSTEIN 6 cr STATEMENT PERK* January 27.2001 THROUGH February 23.2001 Transaction Detail (continued) ACCOLNT NUMBER TAXPAYER NUMBER INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26.2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SYMBCOCUSP OVANTiTe PRCE DEBIT AMOUNT CREPT A/h0c6.7 01/30+01 01/25101 BOUGHT BEAR STEARNS COMPANIES INC BSC 50.000 60.79000 3,042,502.50 UNSOLICITED AS OF OV2S91 01/30/01 01/29/01 HY ALL MAIL LYNCH rt 085"" 5g699W9 8 500 0.30000 16.002.50 EXP 02+17,2091 UNSOLICITED CLOSING CONTRACT 02+01,01 01/29201 BOUGHT BEAR STEARNS COMPANIES INC BSC 14.500 63.74660 925.198.20 UNSOLICITED 02+08+01 JOURNAL ALLIED WASTE INDUSTRIES INC AV 50.000 NEW JOURNAL FROM TYPE 2 TO I 02+08101 JOURNAL ALLIED WASTE INDUSTRIES INC AW -50.000 NEW JOURNAL FROM TYPE 2 TO I 02,20/01 JOURNAL CALL BEAR STEARNS FEB 055"" 073902986 1.660 EXP 02+17,2091 NE OBSCBX ASSIGNED 00327 02,21101 EXPIRED CALL BANK ONE CP FEB 37.5 06423A9B1 150 EXP 02,17,2001 02,21101 EXPIRED CALL MERRIL LYNCH FEB 085 5E699W9B8 500 EXP 02,17,2001 02,22101 02/10/01 SOLD BEAR STEARNS COMPANIES INC BSC -105.500 55.00000 5.800.194.08 NE OBSCBX 1660 ASSIGNED AS OF 0222091 02,22/01 02/20/01 SOLD BEAR STEARNS COMPANIES INC BSC -60.500 55.00000 3.326.179.08 SHORT. NE OBSCBX 1660 ASSIGNED AS OF 02)20.91 02,72/01 JOURNAL BANK ONE CORP ONE 30.561 JOURNAL FROM TYPE 2 TO 02/22/01 JOURNAL BANK ONE CORP ONE -30.561 JOURNAL FROM TYPE 2 TO I 027 02,24.01:20A2 001 EFTA00200631 CLEARED THRWGH ITS niCkLY 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SOC.,44,1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 0-4 Mevolech Contm North Beccidon. New Tuft 11201.3859 STEARNS JEFFREY EPSTEIN 7 c/1 STATEMENT PERM January 27.2001 THROUGH PeduMy 23.2001 Transaction Detail (continued) AOCCUNT NUMBER TAXPAYER AILIUMER INVESTMENT ACTIVITY (continued) LAST STATEMENT January 26.2001 SETTLEMENT TRADE DATE DATE "RANEACDON DESORPTION SYMIXVCUSP COANillY PRIDE DEED AMOUNT OPEC., A/AXNT 02/23/01 02/20/01 BOUGHT BEAR STEARNS COMPANIES INC BSC 60.500 57.47760 3.481,027.30 UNSOLICITED COVER SHORT, TOTAL $.7A64.730.50 $9.196.568.28 DEPOSITS AND WITHDRAWALS DATE 7RMISACTIN DESCRP'ION 0E817 AMOLM CREDIT AMOUNT 01/29/01 FUNDS REC FNDS WIRED TO CITIBANK FROM 2.000.000.00 02/12/01 FUNDS REC FNDS WIRED TOCITIBANK FROM 14.236.93 olyi/A1 gulubd Ard ?Nbg wil4O 16 K F NI 192.605.06 8K OF NYC 6±thitoi rots WfAE6 bA#Mi3051 tIb§WI r I 2.000.000.00 R6 02/22101 FND WIRED MDA#M8051634FNDSWIRED TO 3.000.000.00 miriaiST COM. TOTAL $-5 000 000.00 $2206.841.99 DIVIDENDS DATE DESORPTION STIABOJOUS,P OUANTITY RATE (S) DEMI AMOUN' (AEON AMOUNT 01/31/01 BEAR STEARNS COMPANIES INC BSC 14.025 0.1500 2,10176 REC 01/17101 PAY 01131/01 027 0224,01:20:42 001 EFTA00200632 CLEARED THROUGH ITS niCkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, 14,1 Cap. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mevolech Contm North Beccmon. New Year 11201.3859 STEARNS JEFFREY EPSTEIN 8 STATEMENT PER100 January 27.2001 THROUGH Feduwy 23.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER POWER DIVIDENDS (continued) LAST STATEMENT January 26.2001 DATE DESORPTION STIABECCUSIP COMMIT RATE (5) DEBIT AMOUNT DIEDIT AMOUNT 01/31/01 FELCOR LODGING TRUST INC FCH 2,000 1,100.00 REC 12/29/00 PAY 01131/01 AMOUNT INCLUDED ON 2000-1099 WiNi ''''TfognalYirtsMolstfiflr§'YKIEY gOY 3.Ooo 0.7000 1.46.66 SRI REC 01/19:01 PAY 02/16/01 02/23/01 HRPT PROPERTIES TH-SRI HRP 10.000 0.2000 2.000.00 REC 01/24/01 PAY 02/23101 TOTAL $6.603.75 INTEREST DATE OESCRIPTKIN STROP-COW OWITTTY RATE I%1 CERT AMOUNT CREDIT AMOUNT 02/21/01 INTEREST ON CREDIT BALANCE 5.0000 3,609.19 AT 5,000% 01/31 THRU 02,20 02/21/01 INTEREST ONCREDIT BALANCE 5.5000 6,722.45 AT 5 1/2% 01/21 THRU 01/30 TOTAL $10,331.64 MISCELLANEOUS DATE TOMMY TPANSACTO. DESCRIPTOR DEBIT AMOUNT CREPT AMOUNT 01/29/01 JOURNAL JOURNAL. FROM TYPE 1702 70,166.14 01/29/01 JOURNAL JOURNAL FROM TYPE 1702 70,166.14 02/08/01 JOURNAL JOURNAL FROM TYPE 1702 896,700.59 02/08/01 JOURNAL JOURNAL FROM TYPE 1702 896.700.59 027 02)24,01:20A2 001 EFTA00200633 CLEARED THROUGH ITS niCkLY CAM•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, 14,1 Cap. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Momloch Cantm North Beccidon. New Year 11201.3859 STEARNS JEFFREY EPSTEIN 9 STATEMENT PERO° January 27.2001 THROUGH February 23.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER NURSER MISCELLANEOUS (continued) LAST STATEMENT January 26.2001 DATE MDOAT ITIAAISACTON DESCRIPTOR DENT AMOUNT CREPT AMOUNT 02/22/01 JOURNAL JOURNAL FROM TYPE 2 TO 1 5,800,194.08 02/22/01 JOURNAL JOURNAL FROM TYPE 2 TO 1 5.800.194.08 02/23/01 JOURNAL JOURNAL FROM TYPE 1T05 154,848.22 02/23/01 JOURNAL JOURNAL FROM TYPE 1 TO 5 154.848.22 TOTAL $4.921,909.03 $6.921.909.03 Your messages The interest, it any, charged to your account during December 2000 was computed on the net debit balance through December 28. The interest, it any, charged to your account during January 2001 is computed from December 29, 2000, End of Statement 027 0224/0120%2 001 EFTA00200634 CLEARED THROUGH ns YRICkLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Steirns SON•ititt 000. Bear. Stearns & Co. Inc. BEAR 245 Path Avenue New York. New York 10167 Cc* Metsolech Conte Nogg BCCCiONI. New Tait 11201.1859 STEARNS JEFFREY EPSTEIN STATEMENT PERK* December 30.2000 ACCOUNT EXECUTIVE ZICHERMAN.IRA TELEPHONE THROUGH January 26.2001 VISIT OUR WESSITE 61AV bearSieliMS.COM ACCOUNT NUMBER What's In This Statement 11111111111111111111111111111111111111111111111111111111111. TAXPAYER WESER LAST STATEMENT December 29.2000 Financial Summary 3 JEFFREY EPSTEIN 358 EL BRILLO WAY Your Portfolio Holdings 4 PALM BEACH FL 33480.4730 Transaction Detail 6 Trades Not Yet Settled 10 Your Portfolio at a Glance Market Value of Your Portfolio Important Message Decimal Trading is Coming! Cash Equvalent $3.014.704 Decimal Trading is the shift TOTAL VALUE OF SECURITIES THIS PERIOD' 7,313,971 ill $303.229 from fractional pricing NET CAEOIT BALANCE 3,014,704 $8.533.471 : 5-1.224.500 (e.g..21 1/2) to decimal Equities —/WWWWW 1._44(n, [COSI» 512.471.395 : S-609.428 pricing (e.g..$21.50)lor equities and options. NET EQUITY TIPS PERIOD $10,328,675 SE Current market value SE Last statements market value All trading on NYSE. AMEX. NET EQUITY LAST STATEMENT 12,165,196 and regional exchanges C Short market value CHANGE SINCE LAST STATEMENT -1,836,521 will be in decimals effective as of 1/29/01. 'Res Battotb mcludos or* or mon troticod scatenos OW io ra Mecca" ei to Taal Va. or Sawn*: wa ma Na Eflay MS POMO. For details. visit our website at www.bearstearns.com. There are no 'Stop Loss* orders or other pending buy or sell open orders on file for your account. F1050 roped oaf clINconoo a rooroctiot of &Cal or MOCKS. calcolal as dal/roma to p5u. 10 Genf Sonic*. of 8006114428: a wax to Clad SONIC.. a Boat. Steam &canes Caw.. One lActokwt, Carla North. BrooN>w, NY. lizobsess Sit Ths staternorc should be retellsptmoses TN, PAYI1MN 5 mT0TmatoMal env a kea landedHalal ckamers for your reeves Set worm We AN mortars neumadm 027 0127,01:13Aa 001 EFTA00200635 CLEARED 1HROUGH RS YrisekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, t4,1 COO. Ceol.letsolech Cantot North Broeklln• New Volt 11201.3859 JEFFREY EPSTEIN 2 of l0 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0127i01:10A4 001 EFTA00200636 CLEARED 1HRWGH na nettle 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bees. Stetens SOCoohtl Cap. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Mevolech Cella North Beak/on. New To* 11201.3859 STEARNS JEFFREY EPSTEIN 3 STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 ACCOUNT NUMBER Cash Flow Analysis Cash Balance Summary TAXPAYER AJMER THIS PERIOD CPENN3 CLOSING LAST STATEMENT December 29.2000 Opening Balance $303.228.64 Cash 6,048.78 -28.98 Securities Sold 11.985.177.24 Margin 297.179.86 3,014,732.72 Funds Deposited 14,039,835.85 Net Cash Balance $303,228.64 $3.014.703.74 Dividends Interest 17,263.14 Amount Credited $26,042,276.23 Securities Bought -7,830.801.13 Income Summary THIS PERIM YEAR TO DATE Funds Withdrawn -15,500,000.00 Dividends 7.257.81 7,677.81 Amount Debited 9-23.330.601.13 Credit Balance Int. 7.133.73 7,133.73 Net Cash Activity 2.711.475.10 Total $14,391.54 $14,811.54 Closing Balance $3.014.703.74 Same ay tensions 0 cosh below accost byes ate not mcluded in we Your Portfolio sateen. such Pane/era as well as details In, as oPer fransachcre Pas pence. Allocation appeal In TranIaCIlan Dotal. Portfolio Composition SKIM LONG Cash/Cash Equivalent 3.014,704 Equities 1,224.500 8.538,471 Cash & Equivalent 24% Total $1,224.500 $11,553,175 Short Equities 9% Equities 67% Unshvled croons Oen,* Oetat tmarma *NW Irrol market mama The MotaMM IMMeMar Gram, ham Ow tanorae market max. ol >ay Dalian 027 O1t27)O1:13:44 001 EFTA00200637 CLEARED THROUGH ITS OW,E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, 14,1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 Ore Metsclech Contm North BecciOon. New Ye* 1201.38S9 STEARNS JEFFREY EPSTEIN 4 STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 Your Portfolio Holdings ACCCUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER WESER LAST STATEMENT December 29.2000 MARKET ESTIMATED DESCRPRON SYMBOLCUSP QUANTITY PRCE VALLE ARMJAL INCO1AE CASH BALANCE 3.014.704 TOTAL CASH & CASH EQUIVALENTS $3.014,704 EQUITIES Equities & Options ACCT IMAM ESTIMATED CURRISW Dtx.R, }OH SIMBOUCUSIP TYPE QUANTITY PRCE VALLE ANNUAL INCO1AE Yen I%4 ABERCROMBIE & FITCH CO•CL A ANF CASH 37,978 27.2500 1,034,901 ALLIED WASTE INDUSTRIES INC AW MRGN 50.000 15.8130 790.650 NEW BANK ONE CORP ONE CASH 30.561 39.3130 1.201.445 25.671 2.1367 CALL BANK ONE CP FEB 37.5- ONEB37 MRGN -150 2.5000 -37.500 EIS 02/17/2001 BEAR STEARNS COMPANIES INC BSC MRGN 41.000 60.6880 2.488.208 24,600 0.9887 CALL BEAR STEARNS FEB 055 BSCBK MRGN -1.660 7.0000 -1.162.000 0211712001 CENTER TR INC CTA CASH 2,000 5.9380 11,876 1,680 14.1462 CANHORN CHEMICAL CORP CNCPF CASH 19 Unpriced CROWN AMERICAN REALTY TRUST CWN CASH 5,000 6.0630 30,315 4.150 13.6896 FELCOR LODGING TRUST INC FCH CASH 2.000 23.4380 46.876 4.400 9.3865 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 18.8130 37.626 3.360 8.9300 GLIMCHER REALTY TRUST-SBI GRT CASH 2,000 14.0630 28.126 3.846 13.6742 HRPT PROPERTIES TR-SBI HRP CASH 10,000 8.0000 80.000 8.000 10.0000 027 01/27/01:12:44 001 EFTA00200638 CLEARED THROUGH ITS CAMEO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, 14,1 Cory. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New Y New York 10167 0-41.1evalech Contm North BecciOon. New Ye* 11201.3859 STEARNS JEFFREY EPSTEIN 5 STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 Your Portfolio Holdings (continued) ACCCUNT NUMBER TAXPAYER MASSER LAST STATEMENT December 29.2000 Equities & Options (continued) ACCT IAARKET ESTIMATED CURFEW DESCRPTION SYMBOUCUSIP TYPE OLIAMITY PRCE VALLE ANNUAL INCOIAE YEID HOSPITAUTY PROPERTIES TRUST HPT CASH 2,000 25.1250 50,250 5,600 11.1443 S8I JOHNSON& JOHNSON JNJ CASH 28,900 91.9380 2,657.008 36,992 1.3922 KRAMONT REALTY TRUST KRT CASH 2,000 10.4380 20.876 2.600 12.4545 CALL MERRIL LYNCH FE8 085"" JMR885 MRGN -1.000 0.2500 -25.000 DP 0211772001 RAMCO GERSHENSON PROPERTIES APT CASH 2.000 14.1880 28.376 3.360 11.8410 TRUST-MD SRI SIRIUS SATELLITE RADIO INC SIRI CASH 1,000 31.9380 31,938 Total Equities& Options $7,313,971 $124,259 TOTAL EQUITIES $7,313,971 $124,259 YOUR TOTAL ESTIMATED ANNUAL INCOME $124,259 YOUR PRICEDPORTFOLIOHOLDINGS $10,328,674 D27 01/27/01:13:44 001 EFTA00200639 CLEARED THROUGH ITS 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, 14,1 COO. Bear. Stearns & Co. Inc. BUR 245 Park Avenue New Y New York 10167 CeoLlevelech Cella North Beccidon. New VC* 11201.38S9 STEARNS JEFFREY EPSTEIN 6 STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 Transaction Detail ACCCUNT NUMBER TAXPAYER NIUUSER INVESTMENT ACTIVITY LAST STATEMENT December 29.2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESCRIPTION STMEIOLCUSJP OVANTIlY eRce DEWAMU/0 CREPT MACVNT 01/08/01 01/05/01 SOLD CALL BANK ONE CP FEB 37.5**** OONEB37 -150 2.56250 37,908.71 EXP 02117/2001 UNSOLICITED OPEN CONTRACT 01/12/01 01/11/01 BOUGHT CALL MERRIL LYNCH FEB 075 OJMRB75 1.000 4.62500 466,002.50 EXP 02/17/2001 OPEN CONTRACT 01/12/01 01/11/01 SOLD CALL MERRIL LYNCH FEB 085"" OJMRB85 -1.000 1.25000 121.495.83 EXP 02/17/2001 01/12/01 JOURNAL CALL BEAR STEARNS JAN 050 OBOE 0739029A8 1.146 EXP 01/20/2001 NE OBSCAJ ASSIGNED 00022 01/17/01 01/11/01 BOUGHT SIRIUS SATELLITE RADIO INC SIRI 1.000 33.06000 33.062.50 UNSOLICITED WE MAKE A MKT IN THIS SECURITY REPORTED PRICE 33.000000 DFFEREhCE + 0,060000 01/17/01 01/12/01 SOLD BEAR STEARNS COMPANIES INC BSC 114.600 50.00000 5,728,660.50 NE OBSCAJ 1146 ASSIGNED 01/22/01 01/19/01 SOLD CALL BEAR STEARNS FEB 055•••* OBSCBK 1.660 4.75000 782,661.21 EXP 02/17/2001 UNSOLICITED OPEN CONTRACT 01/22/01 01/19/01 BOUGHT CALL BEAR STEARNS JAN 055CBOE 0739029A8 1.660 2.56250 431.187.50 EXP 01/20/2001 UNSOLICITED CLOSING CONTRACT 01/22/01 01/19/01 SOLD CALL BEAR STEARNS JAN 055CBOE 0739029A8 -1,660 2.06250 336.551.08 EXP 01/20/2001 UNSOLICITED OPEN CONTRACT 01/22/01 JOURNAL CALL BEAR STEARNS JAN 050 CBOE 0739029A8 929 EXP 01120/2001 NE OBSCAJ ASSIGNED 00633 027 01/2?)D1:13:44 001 EFTA00200640 CLEARED THROUGH ITS ?mow, (AMIE° SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 808f. Saee•ns SINN.* COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Ore Momtech Center North 0eock11n. New VC* 11201.3859 STEARNS JEFFREY EPSTEIN 7 o STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 Transaction Detail (continued) ACCCUNT NUMBER TAXPAYER NLITAIER INVESTMENT ACTIVITY (continued) LAST STATEMENT December 29,2000 SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SYINSOLCTISP OUNNITY PFrCE DEBIT AMOUNT CHEM MOM 01/23/01 JOURNAL BEAR STEARNS COMPANIES INC BSC •119,875 JOURNAL FROM TYPE I TO 2 01/23/01 JOURNAL CALL BEAR STEARNS FEB 055"" OBSCBK 1.660 EXP 02/17/2001 JOURNAL FROM TYPE 2 TO 1 01/23/01 JOURNAL BEAR STEARNS COMPANIES INC BSC 119.875 JOURNAL FROM TYPE I T02 01/23/01 JOURNAL CALL BEAR STEARNS FEB 055"" OBSCBK -1,660 EXP 02/17/2001 JOURNAL FROM TYPE 2 TO I 01/24/01 01/19/01 BOUGHT BEAR STEARNS COMPANIES INC BSC 78.875 56.87500 4.490.750.63 UNSOUCRED AS OF 01119/01 01/24/01 01/22/01 SOLD BEAR STEARNS COMPANIES INC BSC 92.900 50.00000 4.643.913.66 NE OBSCAJ 929 ASSIGNED 01/25/01 01/22/01 BOUGHT BEAR STEARNS COMPANIES INC BSC 41.000 58.71550 2.409.798.00 UNSOUCITF_D 01/26/01 01/25/01 SOLD CALL MERRIL LYNCH FEB 075"" OJMRB75 -1.000 3.37500 333.986.25 EXP 02/17/2001 UNSOUCRED OPEN CONTRACT 01/26/01 JOURNAL ALLIED WASTE INDUSTRIES INC AW -50,000 NEW JOURNAL FROM TYPE I TO 2 01/26/01 JOURNAL ALLIED WASTE INDUSTRIES INC AW 50,000 NEW JOURNAL FROM TYPE I TO 2 TOTAL 5-7.830.801.13 911,985,177.24 027 01'2701.13:44 COI EFTA00200641 CLEARED 1HRWGH ITS niCkLY OW•E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, t4,1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. Now York 10167 Ore Metsclech Ow:1m North Beccidon. New Ye* I I201.3SS9 STEARNS JEFFREY EPSTEIN 8 o STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER AMBER DEPOSITS AND WITHDRAWALS LAST STATEMENT December 29.2000 DATE TRANSACTCN DESCRP'ICN DEBIT AMOUR CREDIT AMOUNT 01/12101 FUNDS REC ENDSWIRED TO CITIBANK FROM 200,000.00 01/18/01 FUNDS REC ENDS WIRED TO CITIBANK FROM 6,368,470.61 01/18/01 FUNDS REC ENDSWIRED TO CITIBANK FROM 7,471,365.24 GO OIA HS CO 01/19/01 FND WIRED fD MaCyFil ourEo TO 14.000.000.00 PSTEIN 01/25/01 FND WIRED MDA#MB035767FNIDS WIRED TO 1.500.000.00 PALI.1 BEACH NAIL BK & TR CO TOTAL 5.15.500.000.00 $14.039.835.85 DIVIDENDS DATE DESORPTION STME/WOUSIP CWNTIlY RATE (S) men AMOUNT MEDD AMOUNT 01/02/01 BANK ONE CORP ONE 30.561 0.2100 6.417.81 REC 12/15/00 PAY 01/01/01 01/16/01 GLENBOROUGH REALTY TRUST INC GLB 2.000 0.4200 840.00 REC 01/01/01 PAY 01/15/01 01/16/01 GLIMCHER REALTY TRUST-SSI GRT 2.000 961.60 REC 12/29/00 PAY 01/15/01 AMOUNT INCLUDED ON 2000-1099 01/16/01 RAMCO GERSHENSON PROPERTIES RPT 2.000 840.00 TRUST-MD SBI REC 12131/00 PAY 01/16101 AMOUNT INCLUDED ON 2000-1099 027 01'27.01.13014 COI EFTA00200642 CLEARED THROUGH ITS wispri 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beet SZeirns SON, t4,1 Dory. Bear. Stearns 8 Co. Inc. BEAR 245 Park Avenue Ore Meesetech Cent et North Rec.:non. Hew VC* 11201.3859 STEARNS New York. New York 10167 JEFFREY EPSTEIN 9 0 STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER NUMER DIVIDENDS (continued) LAST STATEMENT December 29.2000 DATE CESCRIPTICN STAIDOUCUSIP OUANTITY RATE (SI coo AMOUNT CREDIT AMOUNT 01/22/01 CENTER TR INC CTA 2.000 420.00 REC 12/2900 PAY 01/22/01 AMOUNT INCLUDED ON 2000-1099 01/22/01 KRAMONT REALTY TRUST KAT 2.000 650.00 REC 12/2900 PAY 01/2001 AMOUNT INCLUDED ON 2000-1099 TOTAL $10.129.41 INTEREST DATE DESORPTION STMEICUOUSIP OUPARITt RATE 1%) DEBT AMOUNT [MDR AMOUNT 01/22/01 INTEREST ONCREDIT BALANCE 6.0000 253.76 AT 6,000% 12/29 THRU 01/02 01/22/01 INTEREST ONCREDIT BALANCE 6.0000 603.71 AT 6,000% 12/21 MAU 12/28 01/22/01 INTEREST ONCREDIT BALANCE 5.5000 6,276.26 AT 5 1/2% 01/03 THRU 01/20 TOTAL $7.133.73 MISCELLANEOUS DATE won euesosence DESCRIPTION DEBIT AMOUNT CREPT AMOUNT 01/22/01 JOURNAL JOURNAL FROM TYPE 2 TO 1 5,719,242.40 01/22/01 JOURNAL JOURNAL FROM TYPE 2 TO 1 5.719.242.40 01/26/01 JOURNAL JOURNAL FROM ME 2 TO 1 463.167.19 01/26/01 JOURNAL JOURNAL FROM TYPE 2 TO 1 463.167.19 TOTAL $.6.182A09.59 $6.182.409.59 027 012701.13:44 001 EFTA00200643 CLEARED THRWGH ITS Yn10UY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Saea•ns S0N, I*1 COO. Bear. Stearns & Co. Inc. BEAR 245 Park Avenue New York. New York 10167 Dec Momtech Cantot North Beccidon. New Yak 11201.3859 STEARNS JEFFREY EPSTEIN 10 c? STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 ACCCUNT NUMBER Trades Executed Pending Settlement TAXPAYER NLAA3ER LAST STATEMENT December 29,2000 SETTLEMENT TRADE DATE DATE TR4tiSACT*N DESORPTION SYMBOLGUSP OWAFTITI Pact DEED AMOUNT CREED AMOUNT 01/29/01 01/26/01 00 2 3/8 70,195.12 01/30/01 01/25;01 BOUGHT BEAR STEARNS COMPANIES INC BSC 50.000.00 60 7900 3,042,502.50 TOTAL 53.042.502.50 $70.195.12 The above Pocks 01 not *pow in 0,0 Ow section ol this StillerMet End of Statement 027 012701.13:44 COI EFTA00200644