Statements

Statements EFTA00197292 CLEARANCE AGENT TO FBR FRIEDMAN, BILLINGS, RAMSEY a CO.. INC. OFFICE SERVICING YOUR ACCOUNT 1001 Nineteenth Street North Arlington. Virginia 22209-1722 Telephone (703) 312 9500 Fax (703) 312 9501 E-Mail infoggfbrsom VISIT CUR WESSITE vemv.thr.com Important Message II any information regarding 2002interest. dividends. miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account. a Consolidated Form 1099will be mailed to you by January 31.2003w a 1042Sby March 17.2003. Your Portfolio Holdings EQUITIES Equities & Options DESCRPRON FRANKLIN BANK CORP CL A ACCREDITED INVS Total Equities& Options ACCT SYMEICIAVSIP TME CASH IIIIII 111111111H I I FINANCIAL TRUST CO., INC 600 REDHOOK QUARTER STE 6-3 ST THOMAS US US VI 00802 OLMMiTY 100,000 PRICE Unpriced AMR/CET eSTMMED OJRFENr VNAE ANNA. INCOME YELD SD SD TOTAL EQUITIES $0 $0 Seer. Steams Socunbes Cap. Cr* Metr0t