Statements

Statements CONFIDENTIAL SDNYGI,00350972 EFTA_00223664 EFTA01260277 OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue 10179 STEARNS CaJNE0 SARONG. 1, 1! INAOLLY CANSO SUSSOANY Mu Moans Cep Seosbcs One MANIAM Ceps WAN 11201.3850 FINANCIAL TRUST CO INC stArtuncr erreao Oecern5or 1, 2005 71.0141. Demme 30.2005 ACCourcr EXECUTIVE GNMA GOVT BONO VISIT OUR WEBS& yeabearsteams.com What's In This Statement IILull...Iola' III ACCOANT %ULMER TAXPAVER ILWCCR On file tar STATEMENT November 30.2036 Financial Summary 3 FINANCIAL TRUST CO INC Your Portfolio Holdings 3 CJO JEFFREY EPSTEIN Transaction Detail 4 6100 RED HOOK QUARTER 0 STE B3 ST THOMAS V1 00802 0 TZ E I C Your Portfolio at a Glance in NET CREDn BALANCE 137.909 CSIth 6 6:66.14" Market Value of Your Portfolio $137.909 $137.131 NET EQUITY TES PERIOD $137,909 IM Circa mane value lair Unmoor' moan vat EQUITY 137.131 NET LAST STATEMENT CHANGE SeaCELOST STATEMENT 778 r There are no 'Stop loss' orders or other pending buy or sell open orders on Me for your account. EL6OSEOCIN9- ANGS SI Ens tansy IS MiSarnulomat Pante pry. IA ral SEM010 as • timemunIN Ns Mama nuts be mood ler yorr non. See men* use b roman Memo., 021 12/31NOSEM03 001 If any information regteding 2005 interest. dividends. nascellaneous income. gross proceeds or original Issue disown is required to be reported to the IRS la this accourx. a Consolidated Form 1099wa be mailed to you by January 31.200sor a 10425 by March 15.2006. NM* EFTA01260278 MIMEO IwICOON ITS MeV Cate SUMD,Aliv Sam Seen Stones On. iiiteloth Cw NOM 11701402 FINANCIAL TRUST CO INC 2 9 , 0 -n C rn z -H r VL6OSEOCIN9- ANGS IS IJ Laa. STATEMENT BACKER IS PRINTED ON THIS PAGE D27 1213NOS<Ctet 001 vein EFTA01260279 BEAR STEARNS ['TICE saviCING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New Yak New Yak 10179 3 a. Cash Flow Analysis MS Melt Income Summary Di, WAR To DM Opening Balance DhidendsArterest 5137.131.41 778.08 U.S. Gott. Bond Int. Govt. Agency M. Corp. Bond Int. 0.00 0.00 0.00 4,718,243.44 8.167.659.06 1,279,184.80 0 Arnourtt Credited 5776.08 Credo Balance int Reverse Rs:Mahar. int 778.06 0.00 12.704.04 1,636,307.17 0 Net Cash Warily 778.08 Total $778.08 $13,814,098.51 C I osini Be lane* 5137.909.49 Boni Purenase ka 0.00 6,596,679.06 e l Repurchase Int. Em. 0.00 -1.761.17179 C Cash Balance Summary in onMG cacao Portfolio Composition Margin 137131.41 13/909.49 Cash/CLIO Emivillent 137.909 Net Cash8alance $137.131.41 S137.909.49 Total $137,909 r SL6OSEOCIN9- ANGS Your Portfolio Holdings CASH & CASH EQUIVALENTS COMPTai CASH BALMOCE TOTAL CASH & CASH EQUIVALENTS 50.40007159 CtaXtrtt Paa WACO VALUE 137.909 $137.909 t$TWAO0 COMM AMLAL MOW YEW 027 1231.0509M COI CLEARED MMON MiCtLv 00M0 SUMMON StairM Mum, Cmp One Mermen Came WM 1:251.1ein RI/UNCIAL TRUST CO INC STAMUM.T ombOO December 1.2005 THROJem DeCeMbee 30.2005 ACCCma Weft mmomEn PaMOt On Me WT STACMENT MOSenbee 30.2005 Your Portfolio Allocation umamm mites OEM* OM WM* Mb* Wm ersiot .Mat M MM. prang, • dermi non Pe MOM mica vabe of FM MM. EFTA01260280 =MID TIROLON IMOLA OWNED SOSSORRY 0 ii C in r 9L6OSEOCIN9- ANGS IS IJ IT) 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams A Co. Inc. 383 Madison Aaanuo ass 10179 4 a Your Portfolio Holdings (continued) YOUR PRICEOPORTFOLIOHOLDINGS $137909 Transaction Detail INTEREST Mit OISCRIPDON 12/01/05 AVG DAL 137.131RT 3.288 375.77 021 OFFICE INTEREST 110$ 12130/05 AVG BAL 137.507RT 1397 402.31 021 CIRCE INTEREST 1205 TOTAL $778.08 SMOSITUCUSP 04INTET surf tv Me. Sans Swain Carp. Ors laelettoch Crew Math 11201.3859 FINANCIAL TRUST CO INC STATEMENT eeR00 DeCemMr 1, 2005 1NRCOM. CeCenter 30, 2005 WIEN' *LIMO MiconnER Ki....e4R On File µ1r STATERFET Mortenber 30.2005 01.41r MOUNT One MOUNT End or Statement 12/31,050930 Oil 001 5499 EFTA01260281 m 0 m r LL6OSEOCIND- ANGS I8 11..) 0' BUR STEARNS CiFICE SERVONG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Ammo ' 0179 O.LOIED /74Accro. ITS *Car OAAID SuISIDWI£ — Sian Uculties Cap. Ora Statraledi Ora, NON ROMP. Pim 19•1 112/13359 FINANCIAL TRUST CO INC ACCOUNT OECUTNE GOMA GOVT BOND OUR WEITSITE www.boarsteams.com What's In This Statement Financial Summary 3 Illml FINANCIAL TRUST CO INC STA-£1*7.7 PER= 1POUGM ACCOUNT Anteri2 79.9.999191 *N KR !AST SYNITWOrt WSW, 1.2005 NCY.Plete 30.2005 On FM OCIcte 31. 2005 Your Portfolio Holdings 3 C./0 JEFFREY EPSTEIN Transaction Detail 4 6100 RED HOOK QUARTER STE 83 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio NETCREDff (MIANCE 137.131 urn a Equiratere 5137.131 /ET FOXY 1x16 PEROD $137.131 NM Arent ina£A1 valw NET MUM LAST STATEMENT 132.001 CITANGC SINCE LAST STATEMENT 5.130 There are no 'Stop Loss' orders or other pending buy a sell open orders on file for your account. ME Last state-nort's market vales gm snM Is Ice i-forieinoral palAeon *V. II le mine.* At • In *earn TH. ODP199 reld 9.1 retanab, yam n*Arde Sea Meru So 02- Iron £/£711. 17* 027 12701/05O7 35 001 1109 EFTA01260282 notcrucai in vO4OLLV CAWED U.1080arr int Sitrs Stashes Co. Ore Ihnotech truer Ppm 11201.3139 21CIAL TRUST CO ISC 2 v z ii C in z -H r 8L6OSEOCIND- ANGS IS IJ O IJ STATEMENT BACKER IS PRINTED ON THIS PAGE 027 12101/00401:2$ 001 EFTA01260283 I L911700- V.L.43 BEAR STEARNS OFFICE =MHO YOUR ACCOUNT Beat. Steams & Co. Inc. 383 Maceson Avenue 10179 d Cash Flow Analysis 11115 ete:0 Income Summary GC PERO* 50210 oat OptningBalance DNIdends/Interest Amount Credited 5132.001.23 5.130.18 55.130.18 U.S. Govt. Bond Int. Go& Agency Int. Cap. Bald III Credit Balance Int. 0.00 0.00 0.00 5,130.18 4.718.243.44 6.167.659.06 1.279.184.80 11.925.96 0 Net Cash &Why 6130.18 Reverse Rep chase bit. Total 0.00 55.130.18 1.636307.17 513 813 320.43 z -n Closing Balance 5137,131.41 Bond Pwchase Int. Repurchase Irv- Exp. 0.00 0.00 -6.596.679.06 -1.761,173.79 C rn z Cash Balance Summary CAGING CLO9NG Portfolio Composition CashiCash Equivalent 132131 martin 132.001.23 137.131.41 Net Cash Balance $132.001.23 $137.131.41 Total 5137,131 r _ 6L 60S£00 IN 9 ANGS Your Portfolio Holdings CASH & CASH EQUIVALENTS OCSC*0101 CASH BALANCE TOTAL CASH & CASH EQUIVALENTS $137.131 SviaLOCCUSA W2X11 (311vATO) C1 NI Owner AMC( YAWL MMMI MOW VELD 00 137.131 027 12:V05073f 001 GLEAAtt illeOuGa OS wmG.LLY OATADD SUMDA.SY Bea Stare Semliki Gap. On worata Cam Math N.LA r TIzol.assa FINANCIAL TRUST CO INC STATBM'a KroGO Welber 1.2005 1NROuan Skatenbe 30.2005 INN ACCOLsa MAMA Tatra NOMA LAST STATE...ENT October 31.2005 Your Portfolio Allocation Cash a Equoalenci 103% ialo4 Oval) Otto ban. nue, 00.: narnet um Ma .wean perunlapt Sr. IV enout nada nu ot yen' VON EFTA01260284 CLEARIO nclarm DS mow? OaD) Sliebtray rn 8 IJ IJ IJ ii C rn r 0860SEOCIND- ANGS BUkIR. STURNS °MCC SEAMING YOUR ACCOUNT Bear. Stearns & Co. Inc 383 MaOsor Avenue, :,• Your Portfolio Holdings (continued) YOUR PRICED PORTFOLIOHOLDINGS Transaction Detail INTEREST DALE DESCR111014 11/01/05 AVG SAL 1984.653AT 3.002 021 OTTCE INTEREST 1005 TOTAL S&130.18 SvveOuri1Sie awmw RATE (%) Gal MOM Ow. Sam Sooseei Co Ole Yeettech Caw Ian lit01•3189 FINANCIAL TRUST CO INC STATtAtO Pifle00 November 1.2005 beirouGH NOnleter 30.2035 AcCturer nweER TWAvER Nweeel ti li M LAST STAMEN, October 31.2005 coRcrt AMOR 5.130.18 STOP vets EFTA01260285 BEAR STEARNS OFFICE SERVCMG YOUR ACCOUNT Bear. Steams & Co Inc. 383 Mattson Avenue aim 10179 Was 7NRCASAN n votriav &AWED SulSaMty Rte. Steams Secant% Cap. Om IMeacca Cato Neon 1201.3859 FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BONO VISIT OUR MIME www.tiearsteams.corn What's In This Statement Financial Summary 3 I II FINANCIAL TRUST CO INC STATEMENT RITMO 0,20b, I. 2006 THREAAM October 31.2005 ACCCANT .LEADER TAXPAYER MAATIER On Ole LAST STATEMENT *teat., 30, 2005 Your Portfolio Holdings 4 CAO JEFFREY EPSTEIN Transaction Detail 4 6100 RED HOOK QUARTER O z ii STE B3 ST THOMAS VI 00802 5 m z r THOSEOCIND- ANGS Your Portfolio at a Glance NET CREPT BMANCE 132,001 SI MOMera NET EQUITY THIS PERIO0 3132.001 NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 114,806 17.196 There are no 'Stop Loss• orders or other pending buy or sell open orders on Ale for your account. Market Value of Your Portfolio 3132.00I 1114.806 One musket value ltlt Suitements Market vita slec Tim ...rotary ince whenimpai peps, GeV. II b ac< lien0.4 maim tioanat 'Ns firarom 100.61 be realm" 43, yaM Malt 554 tone Solo 'naiad laftnnibot 027 11.01/05:0134 001 EFTA01260286 c&C ThillOtrai ns WHOLLY °ma PUBSIPWIY Bear.Solins Secunn cup. One ]Haman One, Pot 11201-3559 FINANCIAL TRUST CO INC 2 as tL9CZZOO- V.L43 0 -n C in z -H r _ Z860S£00 IN9 ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE on 1110143544 34 C01 VS97 EFTA01260287 rn IS b.) b.) -J BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue 10179 3 car Cash Flow Analysis MIS reae0 Income Summary 1145 PIR100 122.2 TO DATE Opening Balance S114,805.20 U.S. Govt. Bond M. 0.00 4.718.243.44 Goa. Agency Int. 0.00 6.167.659.06 &rarities Seed 119,604,887.50 Cap. Bend Int. 0.00 1.279.184.80 Diriderdshuerest 521.39 0 0 Miscellaneous Amount Credited 152.754.39 $119.758.163.28 Credit Balance Int Reverse Repurchase Int Total 521.39 32.231.25 632.752.64 6.795.78 1.636.307.17 513.808.190.25 Securities Bought -100.472,656.25 Bond Purchase Int. 000 43.596.679.06 TZ F I Funds Withdrawn 43,185.00 Repurchase Ire. E . 0.00 -1.761,173.79 C in Miscellaneous Amount Debited -19.205.126.00 5-119.740.967.25 Portfolio Composition Net Cash Activity 17.10803 CasNCash Equenalent 132.001 C losing Balance 6132.001.23 Total 5132.031 r £8605£00- O19- ANGS Cash Balance Summary OTERIAG acetic Margin 114.80820 132,001.23 Net Cash Balance $114,905.20 5132.001.23 027 11.01,05:00 34 CO, OSJJTED THROUGH as Maur GOMM SURTNitAfre Mai TRIHrns seams en. ou mantes arm awn dissi11201.3859 FINANCIAL TRUST CO INC CATMINT PFRROG CROW 1.2006 r2ROLCui Octota 31. 2005 ALOOCNT NILASER TATPAYER HURST" On Fl11 VS, STATEMENT Se01•044( 30.2006 Your Portfolio Allocation Un.a0•4 prime an* 4301 NSA. 446b SN3.1 MI6* •01140, TT, *auto, orange el^ Inn He alloiRe rote TOR e, Tx/ PoR:le 1197 EFTA01260288 CUMIED !MOAN MS ?MOW OVneip SuSSOWCY 0 -n z C in z J r P8605£00-O19-ANGS BEAR STEARNS OCEICE SERVICING TOUR ACCOUNT Sear, Stearns & Co. Inc. 383 Matson Avenue 10179 0 ✓a Your Portfolio Holdings CASH 8, CASH EQUIVALENTS DISCPSMON CASH BALANCE TOTAL CASH & CASH EQUIVALENTS Svi.400i.0,31P Weal ISTDAMD CURREN, (WM. MCI vAluf AsTal 0c1 YIILD MO 132,001 $132,001 YOUR PRICEDRORTFOLIOHOLOINGS $132.001 Transaction Detail INVESTMENT ACTIVITY SITTIDA06 TRADE DATE DATE TRAXSACTON 10/13/05 09/1805 BOUGHT ran* FNMA-30YREFNMAIGM SETT.1005 DUE 1001/2035 C6.500% 0987135514099 REF at 2005091657250000 BS 10,1305 09/0705 CANCEL SELL ENMA•30YRIFNMAKTO SETT.1065 WE 1010112035 05.500% 0967797115099 REF * 2005090757170000 IIS AS OF 090705 10 cxL PREViOUS SELL sew. laws Sttutit Cat. Ors ilibcTeen C4fttl NOVI ruotossa FINANCIAL TRUST CO INC STATEMENT erAtco Cotter 1, 2005 TnRONON Ocoee 31.2005 ACCOV0 ht.rat TuDAYER *AMA It LAST STAMittr September la 2005 svhooLcuse aummre DEBIT MOUNT OM AMMO 55082592 50.003000 100.32031 50,180,156.25 55082592 50.000.000 100.62500 50.312.500.00 or 11A1m.ARia COi 407 EFTA01260289 LL9aZOOVia BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. it. 383 7A3CSon FROMM ',ORA York New Y k ' 0179 0 m Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETRII4M Met DAR CMS IIORLOVI CESCUPTON SThEICLCuSP cowry PRICE 10/13/05 09/15/05 CANCEL BUY ENMA40YR(FMAA)GTO St-n.1005 out 10101/2035 05.500% 0997135514099 REF • 20050916$7250000 AS OF 09/16M5 TO al PREADUS BUY 10/13/05 09/07/05 SOLD ENMA40YR(RIMMGTD SETT.1005 Our 10/01/2005 05.500% 0987797115099 REF • 2XS010157-10000 BS RS 5A62592 5A82592 -50.003.000 .50.030.000 100.32031 100.62500 cim H TO AL DEPOSITS AND WITHDRAWALS DATE TRANSACIOR CEStapuu men mew', CREDIT ARCUO 10/12/05 END WIRED MOANCI136546FNOSVARED TO 8ANKAMERKA IVTRNAIIONAl AC9520634534 0U276153 63.185.00 r TOTAL S.63.195.00 INTEREST S8605£00 IND ANGS DAN DESOMUNI 10/03/05 AVG BAL 224.631RT 2.785 or OFFICE MEREST 0905 TOTAL 5521.39 CLEARED DC0VOI ITS WROu ORMCD LASOURY Coo Son seortMS Cop. Cne Moran Cour Mau 11201.38$9 FINANCJAL TRUST CO INC RTATENEWT PRODO Osumi 1.2005 THROuDi October 31.2005 ACCUNT ktAIMR TARRARER MJAKII CO rule µ1T SRATTRENT SeplIff0er 30.2005 DUO Awmon CREW Ammon 50.160.156.25 50.312.500.00 5.100.472.656.25 $100.472.656.25 CREDO AMOUR 521.39 • ss 0934 001 V197 EFTA01260290 CLEARED 11.1,00Ce ITS WPOLLT OPTED SUOSPDART 0 -n C rn r 98605£00-O19-ANGS 8 IJ IJ 00 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Seer. Stearns & Co. Inc. 383 Madison Avenue II. 10179 6 a Transaction Detail (continued) Seer. SPein SeCurtes One Pprmeth Cape /an I 12010459 FINANCIAL TRUST CO INC Surge/ HT PIROO October 1.2006 11.40utoi OctObe 31.2005 l i n ACCOLArr PAMPA TAXPAYER PulaBER REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Steams& Co.inc. WI/ MDR TRADE OAR OAR 111.176CIted OESCAPTKIN STMe3LAT1152P Daum Am MOM LAST STATEuEe Septette 30.2005 C1M011 MODU10 10/14105 10114105 JOURNAL INTEREST ADP CD FiTM.PR 12633219010 8.625 DUE 12/31/49 2074420692 ADP CD DUE.PR 1213 f263321901 192049 9.0625 FillA 2074420692 8888888 8888888 19,100,000.00 32.231.25 TOTAL 519.132.231.25 MISCELLANEOUS OAR UMW 11t1MACTOI DISGRPTON DENT AMOUNT CREDIT AMOUNT 10/06/05 JOURNAL FR OMEN WC 021-5212841 410.64 10/13705 JOURNAL FNM430YRIFNMA)GTO 152,343.75 SET1.10036 5.600 DUE 1001/35 FARS NET 161305 10/17105 JOURNAL FINAL REDEMPTION 19.203.776.00 10/21/05 JOURNAL 9/05 SPEC PART 2 CLR FEES 1,350.00 TOTAL 5-19.205,126.00 5152.754.39 End of Statement 027 I TO' OS C.34 001 VINT EFTA01260291 O z ii C in z r L8605£00- 019- ANGS I8 IJ 15.5 BEAR STEARNS OTTCE SERVICNG YDUR ACCOUNT Bear. Steams & Co. Inc. 383 Mischsort Avenue MO 10179 awed 11•1:00Go rni vim= 80040 8098100.1tY Be, Sturm Sicuules Corp. Coe Medic, Cert." 110111 8508058. Net 'tit 11201.3859 FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BONO VISIT OUR WEBSTTE wmrtearsteamscom What's In This Statement Financial Summary 3 IIIIIIIIHIIrllllllnitllll FINANCIAL TRUST CO INC 978,85.850 evs00 September 1.2005 1181M1304 Septernbe. 30.2005 ACCO,A1 %AMBER TAxPAyert MAW On rip tAr STATtuE57 &vs( 31. 2006 Your Portfolio Holdings 4 C/10 JEFFREY EPSTEIN Transaction Detail 4 6100 RED HOOK QUARTER Trades Not Yet Settled 36 STE B3 ST THOMAS IA 00802 Your Portfolio at a Glance Market Value of Your Portfolio NuCREDIT BALANCE caw 114.805 ensiotlie114.805 5221.488 R.$1 $0 NET EQUITY THIS /len= 8114.805 Irceme 13.188,141 NET EQUITY LAST STATEMENT 3.443 744 ant meat woke CHANGE SINCE MST STATEMENT -3.328.938 UM Staff Ma MEM Vabe There are no 'Stop Loss' orders or Other pending buy or sell open orders on file for your account. nil synne,*15, nbrreicnal Moses ow. 51.50 Kora< s• a tat Oceneit 'In vat men sno0:1 to mined e1 yea. teen See men< 44e be eon. islernaelt0 027 10010611 50 oat 1.1196 EFTA01260292 ammo 7,001W fiS xliOuv• °ma, SuSSOAKY Sw. Site Winn CO. Dr* Merotecn C— rou YMeln No. VGi 11201.3859 FINANCIAL SI CO INC 2 as 0 z ii C in z -H r 88605£00- O19- ANGS IS IJ IJ 3o 0 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 lor01,1:0:11 SO CO1 VS96 EFTA01260293 I8912700 -Vin BEAR STEARNS OFFICE SERVICING YOuR ACCOUNT Bert. Stearns & Co. Inc. 383 Madison Avenue • 10179 3 or Cash Flow Analysis Ins woOD Income Summary MIS PERO) YEAR 10 CA'', Opening Balance Seculties Sold °Wends/Interest 5221.487.52 1,385,266.708.58 1,182,572.79 U.S. Got Bond Int- Gun. Agency Int. Corp. Bond Int. 198.148.87 775,394.53 136.678.49 4.718,243 44 6,167,659.06 1.279.184.80 0 0 Miscellaneous Amount Credited 745,735.38 51,387,195,016.75 ere& Balance Int. Reverse Repurchase Ire. Total 951.82 80.288.31 51,191,462.02 6.274.39 1.604.075.92 513,775,437.61 Securities Bawd -1,385.814.343.72 Bond Purchase re. -203.722.59 .6,596.679.06 m Thridendsliterest Charged -275,121.67 Nei:ARIUS! Int. bp. -260.593.74 :L761,173.79 NI6CellanCOUS -1,212,233.68 C in Amount Debited Net Cash ActMty S-1.387.301.699.07 -106,682.32 Portfolio Composition CasTgash Equivalent 114,805 Closing Balance 5114.805.20 Total $114,805 r _ 68605£00 IN9 ANGS Cash Balance Summary aRald GLOMS Margin 221.487.52 114,805.20 NetCash Balance $221,487.52 5114.805.20 317 taCiV.1511 SC. OCT [LURES tient rTS WITCLAY ONTID SLIASIDUAN bear. 518n s CNN 0.< iatrovai Cerny Awn Moo. Nem T 11201.3859 FINANCIAL TRUST CO INC STATEMENT TIM0D SesSeribtif 1.2005 TAIRCUGH SectentNN 30, 2005 AftyNtr NoTABER TNOTAVER PSJUSTA On Tie LAST STATMENT Ai.gust 31.2005 Your Portfolio Allocation Cam & Equva*N- 100% PLYI-Ws Wrsa rat/ Vs., 1 ,sint Ne 'key ca reWt•pitsd•••••4 h.,. IY ANAN9 , ne: .0a of v.... MSS, "d1,95 EFTA01260294 rn IS IJ IJ 30 DO IJ C) -n z C rn z r 0660SEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sew. Steams 6 Co. Inc. 383 Mattson Avenue • York 10179 4 ex Your Portfolio Holdings CASH 8 CASH EQUIVALENTS anent ON CASH MANCE 5-0410..CL5le OWN= BALE VARett VALE 114,805 (Snail!) CUSICI0 PenaLAI re001/4 VS1111 (10 TOTAL CASH b CASH EQUIVALENTS 4114406 YOUR PRICEDPORTFOLIOHOLDINGS 5114.805 Transaction Detail INVESTMENT ACTIVITY Sallflert OAR 09/01/05 MAX DOE MeNSACTON 00131115 BOUGHT CESCSS1113N UMBEL/ STATES TREASURY NOTE CUE 0613112007 04.003% FA 28 09E/8280293099 YEW 3.93,3 % TO MATURITY OVER REY S 02413243 Al ORIOVOS 09101/05 SOUGHT UNITEDSTATES TREASURY NOTE NEWTS/201S 04,250% FA 15 0988035598099 YIELD COW % TO MATURBY GVER REF * 42442669 Al 09/02.05 09101/05 BOUGHT UNITED STATES TREASURY NOTE CUE 06131/2007 04.000% FA 28 0988016192099 BEW 1, %TO URITY OVER REF741 *G244387 M5 AT Al Wain DitooDi nS WHOLLY 000.110 SuSSOWD Bev. Seen Seareen Dep. Die Meecteen Como Deli 112014459 FINANCIAL TRUST CO INC SeeeD411/T pt 0O Wend% 1.2005 TeROuGle Sey.embee 30.2005 ACCCU•ST evince TAXPAYER NU MICR On 14e /Any STA1Doeig ALIO/ 31.2005 51‘4101.10.51P ODOM MO NW usturt 912028211 18.000,000 100,11719 18.021.093.75 Atilt. M. 1.988.95 Crean wawa 912028226 5.000.030 101,70313 5.085.156.25 ACCR. Pit, 10094.02 912828283 10200.000 100.49219 10.049.218.75 AIX* Mt 2,209.94 027 10.0100$1140 001 nen EFTA01260295 rn IS b.) IJ 30 oo BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams A Co. Inc. 383 Madison Avenue 10179 5038 Transaction Detail (continued) INVESTMENT ACTIVITY (continuo:1) %mama uu44 DAN IW6AC110II 09/0935 0901/05 BOUGHT 0 0 09/07835 09/08/05 SOLO m 0908.05 0907/05 SOW C in 09.08/05 PRINCIPE 09/13/05 09/12/05 SOW r 09/14/05 0903/05 CANCEL SELL can 4.05 08131705 BOlDlY T660SEOCIN9- ANGS coorpras UNITED STATES TREASURY NOTE DUE 0803T/2007 04.000% FA 28 0988027498099 3976 AlITY HE 3,709 G24 % TO MATU EVER R REF S 4 UNITED STATES TREASURY NOTE DUE 08/3112007 04000% FA 28 0988280293099 YEW TO MATINTET GVER REF • G2494731 Al UNITED STATES TREASURY NOTE DUE 08/15/2015 04.250% FA 15 0998000592099 Win 4.118 %TOMATt TY GVER REF /02503140 Al FEM. HOME EOM PATO CORP•M0109 SERIES 227 CLASS 10 5.000 DUE 12.01134 PRINCPAL REDUCTN 09.15-05 UNITED STATES TREASURY NOTE CUE 08/31/2007 04.000% FA 28 0988018192099 YIELD 3.908 % TO IMTURRY GVER RN S 02552394 Al DITAA.30111(FNMANTFT SETT.09A36 DUE 09/01/2035 05.000% 0397016110099 REF • 2005080357150000 85 AS OF moms TO CA PREVMS SELL TAMA-30YRIPOM25117 SET1.09.1)5 0 DUE 1/2015 . 0987797 09/ 11509905 020% REF • 200508315702C:000 8$ Aunt Tilowam rre vitiCtLY litUISOWtY ler. Sam Samna On. Cre.lareUch Cernet 185. 11201.3850 FINANCIAL TRUST CO INC STATIEmPir PS1000 Sept.00‘bee 1.2005 11.0100001 Sepwrte 30.2005 ACCOJNT TA00.0120 mast); 0,1 fae MST STATERNT Aucust 31 2005 Sti.liCAXL5P =WM NEE 0g80 MNAINI Mgt *MOM 912828L;3 10.00300 100.55489 10.055.468 .75 ACCR. INT. 2.209 84 91282$EF3 -10.000,000 100.35158 10.015.158.25 ACM. NT, 7.73481 9128280(5 -5.000.000 101.08250 5.053.125.00 ACM. NT. 13.854.70 31282YDN6 4.309 912828EF3 40.000000 100,17189 20.034.375.00 ACCR. M. 28.72829 5/63090 10.000.000 98.20313 9.020,31280 9.83090 10.030.000 99.09375 9809.375.00 497 Icroint :so on lW EFTA01260296 CLEAREO SPROLan ITS W4OLLY OAAED SVISIDORY C)0 ii C in r Z660SEOCIA19- ANGS 8 30 00 BEAR STEARNS OFFICE SERVICING WM ACCOUNT Bear. Stearn & Co. Inc. 383 Mattoon Avenue 10179 6 o 36 8a. Steven storms CaT/ 0,e kletn:OeCh Can 1/70 ar i tak 112014639 FINANCIAL TRUST CO INC STS/F3M/rt PI 11303 Sep/erten 1.2005 /Wand. September 30.2005 Transaction Detail (continued) INVESTMENT ACM/RV (0410110ed) ACCCOPO SOWER TAICNOIR wiaiSER MST STAITVW Ai Re AUgial 31.2005 SEMMES/ C/UP An TITAN II1V/SALTON CE500•1100 tOslatts0 0.0.00 PRIX Of&e Al/OUgt atten M401011 09/14376 08111/05 CANCEL SELL FNUA.30VRIIIMAIGTO SA87090 SO.COO.CCO 98.15625 49078.125.00 SET 09105 011E 09/01/2035 05.000% 0987000510099 REF • 2005081157170003 BS AS OF OW 105 M 00. PREVIOUS SELL 09)14/06 08/11/05 BOUGHT FNI/A.301110111ANGTD 5483080 50.000.000 96.17188 49.005.937 .50 SETT.09105 CUE 09)01/2035 05.000% 0987280211332 REF • 2035081157230000 BS 09/14/05 00/17835 CANCEL SELL FNUA-30087111AUGTD SA83090 50.0001330 98.30078 49.150.390.63 SETT.09/05 DUE 09/01/2035 05.000% 0987016110099 REF • 2005081757260000 BS AS OF 06017/05 TO CA PREVIOUS SELL 09/1005 03/17/05 BOUGHT FNIAMOVR(MIAUGID SA83090 50.000000 98.313281 49.191.406.25 SETT.09/05 CUE 0901/2015 05.000% 0987280211099 RU 12005081757170000 OS 09114/05 08/19/05 BOUGHT FNIAA-30YR(FH/MGM 5883090 50.000.000 98.49319 49.246.0133.75 SETT.09/D5 DUE 09.01/2035 05.000% 0907797115099 REF 12005081957060000 85 0971405 08./19/06 CANCEL SELL 0.144-3CAR(FNIA0GTO 5A83090 50.0/0.000 98.55078 49.275.390.63 SE17.09/05 DUE 0901/2035 06.000% 0987021011099 REF • 20050131957090300 BS AS Of 08/2906 TO CAL PROMOS SELL 027 100006.11:50 001 VIM EFTA01260297 0 0 z m C in z r £660SEOCIN9- ANGS I8 IJ IJ 30 oc, BEAR STEARNS OFFICE SERvICING YOUR ACCOUNT Bear. Steams 8 CO. Inc. 383 Madison Avenue v 10179 7 36 Transaction Detail (continued) INVESTMENT ACTIVITY (cortinuOTO GLEN.= TIFOLCsi aS nliOLLy 00.420 PALM:RAW but Swims Stones Cop 3. Metrown C.nI Farm 112014.59 FINANCIAL TRUST CO INC STATINNT mew Stanter 1.2005 Tnit0UC+4 Septenter 30.2005 ACCOura MAIM TAxPAyEA Male! On Fl. LAST STATEuerna Augur 31.2005 Oat MADE OATS Trunsacnos °stemma sn.eaLtus• OUSIAITY Pica ONO MCJJT CRICIT 'MOOS, 00/14)05 08/03005 SOW FNMA,3019(Tham)GTD SETT.0905 5.463080 -70,000.000 98.20313 9.820.312.50 DUE 09101/2035 05.000% 0987016110099 REF • 2035080357150000 BS 09/14/05 08/31/05 CANCEL BUY FNIA‘30YRIFT•AVOTD SCIT.09/05 SA83080 -10.000.000 99.00375 9,909,375.00 DUE 0901/2035 05.000% 0987797115099 Kr • 2D35083157020000 BS 1 AS OF Cal/3 A15 TO 00 PREVIOUS BUY 09/14•35 08/11935 SOW FNIAM30YR(Rau)GT0 SEIT.09/05 5.493090 -50.003.000 98.15825 49.078.12SM DUE 0901/7035 06.000% 0887000510099 REF 12005081157170000 B$ 09/1005 08/11/05 CANCEL BUY FAMt.90YRITIOAACTEI SETT.09/05 503090 -SO400.1700 90.17188 ••••••••••. 49,085,937.30 DUE 09.01/2035 05.000% 09037280211332 REF • 2005081157230000 BS AS OF 08/11/05 TO CXL PREVIOUS BUY 09/14205 08217/06 SOLD FNIAA-30YINFTAVCID SETT.09/05 5.483080 -50.000.000 98.30078 49.150.390 1.3 DUE 09.01/2035 05.000% 0987016110099 REF • 2005081757260000 BS 09/14/05 08117/06 CANCEL BUY Fratt3OYRIFNLWGTD SETT.09/06 S/83090 40000.003 90.36281 49.791.406.25 DUE 09/01,2035 MECO% 0987280211099 REF • 2005061757170000 BS AS Cf 08/17/05 TO Ca PREVCVS BUY 027 1010146:11•0 001 VSNI EFTA01260298 IT1 8 IJ IJ 30 3o SBTEAR BNRNS OFFICE SERMING YOUR MTV /MT Sew, Stearns & Co. Inc. 383 madden Avenue • 10179 8 1e Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SEMMES, :RARE DATE DATE TRASSACITOP. 09+1005 08(19/05 CANCEL BUY C)0 -n 09/14.05 08/19(05 SOLD C rn 09/14A)5 06103105 CANCEL SELL 09/14106 09/07/05 BOUGHT r 09/14105 091171/05 BOUINT 09/14/05 08103/05 CANCEL SELL V6605£00- O19- ANGS DESCRPITON Fv.u.3011t(FNMAIGTO scn.09M6 DUE 0991/2035 05.000% 0987797115099 REF 0 2005081957060300 8S AS OF 08/19105 TO DX PREVIOUS BUY FTPAA-30YRITNWSTD SETT.09616 DUE 09/01/2035 06.000% 0987021011099 RU • 2005081957090000 BS F/00.40YR(1141M)GTO SETT.09/476 CUE 09/01/2035 05.500% 0987016110099 REF r 2005080157170DX BS AS OF 08/03/05 TO CAL PREVIOUS SELL FNMA-30YR(FnilleCTD SET/.09/05 DUE 09/01/2035 05.500% 0987797115099 REF • 2005090757140000 85 int440319/1003810 SETT.09.705 DUE 09.01/2035 05.500% 0987016110099 REF r 2005090157020000 8$ FR/44-30YRDNIXASTO SETT.09//05 FAX 09/01/2035 05.500% 0987797115099 RU r 2005080357193000 8$ AS OF 08/03/05 TO M PREVIOUS SILT. CLIMES PLIPPLASL ITS PAOLO' ale.1) SIALIOLLAV Sas. Steam StcuLts. Cap. Cne M-ucus. Cater Ns* 111014159 FINANCIAL TRUST CO INC STATEMENT PERIOD Seixenter 1.1C05 Seventy 30.2005 ACCOula WARR TWAYM spinet On tee LAST STATEMENT /mint 31.2005 SYNIOucusp ern PRICE DEM AMOUNT Mir Avow SA83090 40.000.000 98.49219 49,248,093.75 5.493090 -50030000 9055078 49.275.393.83 5143112 1.000000 100.29518 1,002,851.56 SA83112 50.000.000 100.75781 50.378.908.25 5.483112 50.000000 101.17188 50.585.937.60 ... SA83112 99.800.000 100.26581 99.262.968.75 027 ice,/06:11x0 401 EFTA01260299 BEAR STEARNS OFFICE SZWIC6/6 YOUR ACCOUNT Bea. Steams & Co. Inc. 383 Madison Avenue New Y New Ycek 10179 Sax Transaction Detail (continued) INVESTMENT ACTIVITY (continued) St MAIM tb.0( OAR OAR mamma 09/14.05 08/0105 SOLD C) 0 z m 09/140(15 0907/05 CANCEL BUY C in z 0914/05 09(14/05 MOMS 0603105 CANCEL BUY SOLD r 09/1405 06/15/05 BOUGHT MODS 08/23/05 BOUGHT 56605£00- O19- ANGS I8 b.) IJ 30 oo OCSOMOv nam.3IMTONMAIGTO SETT.09005 DUE 0901/2035 05.500% 0987016110099 REF 12005080357170000 BS Nam.-30YR(TNIMOGTO SC77.091105 DUE 0901/2035 05.500% 0987797115099 Rif it 2005090757140000 BS AS Of 09/0705 TO CXL PREVIOUS BUY 17•110.4002R032559020 SETT.09//05 Due 0901/2015 05.500% 0987016110008 REF a 2005000157027000 IS AS OF 09/01/05 MCA PREVIDUS BUY INIA4-30YR(FNMNGTD SET7.091/05 DUE 0/01/2035 05.550% 0987797115099 REF • 2005080357190000 BS 004.1,40YRTRA4A)GD) SETT.0905 our 0001(2035 06.000% 0987280211099 REF • 2005081557120000 BS na.0-3039511501610 SE17.09/05 DUE 09101/2035 06.000% 0987016110332 REF at 2005082357020000 BS 0.5.0tee neebytte rtS ttemter crome0 SueSetinte Ow Sore Secultbs Cap. Ore tieretece Cane Neel 11 201-3852 FINANCIAL TRUST CO WC STeretmet KAM September 32005 ThROUGH September 30.2005 SYMBOUCLISP OUANIMI PRICE AcCOutei ttlfWeett TAXPAYER NUIRIER PIPE Wet seeineer &sue 31.2005 01011 Matta CREW FROM 543112 ..1,000,000 100.28516 1.002.851.56 5483112 -50000.000 100.75781 50.378.906.25 5153112 40400003 101.17188 50,585,937.50 5A83112 49,030.000 103.26563 99.262.968 .75 6A83154 50.000003 101,96094 50,980,466.75 5183154 50.003.000 102.04668 61,023,437.50 OAT lox/06.1150 OX EFTA01260300 CLEW° NROu000 MS WOOLL 0000.0 94.500.90 ril IS b.) La 00 DD ao 0 -n C rn r 9660SEOCIN9- ANGS BEAR STB\RNS OFFICE SERVICING YOUR !ern I INT Bear. Stearns 8, Co. Inc. 383 Madison Ammo d ims 10179 10 ex Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 5111100170' DAIL 09.14(05 0B1&135 CANCEL SUE MAN 0400 nuxucnON DES46P004 F/4414.30YREFNIFAIGTD SET(.0905 DUE 09101/2035 06.000% 0987200211099 REF 4. 2005081857090000 BS AS OF Colv16/05 TO CXL PREVIOUS SELL 5110001/01550 SA83154 0.020120 Ike. Urn SWAMI coo 300130000.000 Cater awn saw 11201.3559 FINANCIAL TRUST CO INC strrnerT ;IRO, S0Xteribc• 1.2005 /0430004 SOPIOMIXO 30.21305 • V.APSER TAXPAYEJt LL.LeeR On flit NET $10.-0402 August 31.2005 DM WOW Otlirl 0003051 OW1005 013/23/05 CANCEL SELL 50.000.000 102.08594 51.042.968 .75 FMAA•30111(FNIANGTO SETT.09t6 DUE 09431/2035 06.000% 0987280211099 REF 50 2005062357140000 BS AS CC 08/23/05 TO CC. PREVIOUS SELL 51.83154 50.03.000 102.00375 51.046.875.00 MIMS OW 5/05 CAMEL BUY FHW-30YRIFNMASTO 31.1.09.05 DUE 0901/2035 06.000% 0987280211099 REF N 2003081557120000 85 AS OF 08/15/05 TOM PREVIOUS BUY 5663154 40.000.000 101.96064 09/14.06 08/23.05 CANCEL BUY F/110.030YR(Fla0IGTO SER.09/05 DUE 09/01/2035 06.000% 0987016110332 REF 2006082357020000 BS AS OF oenvos TO CXL PREVIOUS BUY 943154 40.000.003 102.04489 62990.469.75 51.023.437.50 09/14/05 08/18.05 SOLD FNI44.307207494113 SETT.09)05 DUE 09.01/2035 06.000% 0987280211099 REF 4. 2005091657090000 BS 5483154 40.002000 102243514 51.042.968.75 09/1405 08/23/05 SOLD 174144-30YRUNAUJG1t1 SET1.09106 OUE 09401/2035 06.000% 0987280211099 REF 12005082357140000 BS SA83164 40.020.000 102.09375 51.046.975.00 027 gLooLmso 001 Vied EFTA01260301 C) 0 F I C rn r L660SEOCIN9- ANGS I8 b.) IJ 30 oo BEAR STEARNS OFFICE SERVICWG YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue 11.10 10179 11 ax Transaction Detail (continued) INVESTMENT ACTIVITY (con6n0746 Cialt£0 Tnfairnice ITS Vat/iv OSNW tatnewlY Oen, Sawn Scotian Cat an WM* Carter was 11201.3109 FINANCIAL TRUST CO INC STAMM* Pf PICO Siltaritai 1.2005 nom*. Sapient* 30,2005 Accouta Man Txparrit MAIM On Fit LAST STATEIMMT Apptat 31, 2005 SETRIEWEin MOE LIATI litualACTAI CESCR0TICH priatittifil• 0011101 msa ECM Mean OEM MOW 09/16/05 09/15/05 SOLD MEM STATES TREASURY Kilt DIE 08/15/2015 04.250% FA 15 912828EE6 -20.030.000 100.60938 20,121,875.00 0988027496099 Act M. 73,913.04 HELD 4,174 %TO WHAM OVER REF • 02583645 Al 09116.05 OW15/05 SOW memo STATES TREASURY NOTE DUE oensran 5 04.260% FA 15 912828116 40.000,000 100.80938 20,121,875.03 0988280293099 /OCR. WI. 71913.04 `MO 4174 %NI MATURITY OVER REF a G2583646 Al 09/1605 mentos BOUGIN MIND STATES TREASURY NOTE CUE 08/31/2007 04.000% FA 28 912828EF3 10.000,000 180.28563 10.026.562.50 0988728291099 Al:CR. WT. 17,179.56 YIELD 3.857 %TO MATURITY GvER REF a 02583859 Ell 09/16606 08/15605 BOUGHT WIRED STATES TREASURY NOTE 912828EF3 50.001000 10026563 50.132212.50 DUE 08/31/200704.000% IA 28 0988728291099 ACCR. 60. 88.397.79 YEW 3.857 %TO IAMURIIN OVER REF • 02583659 AT 09/16/05 JOURNAL MCA HOME LOAN AEG Cate051011:41 31282YDN6 SRIES 227 C 10 6.E000 DUE 12/0 LASS 1/34 09/19.05 09114/05 SOW GOVERNMENT %ATONAL LIM ASSOC SERIES 2034-041 CLASS SE 383740Y55 .14,505.716 5.34375 775.132.43 DUE 0920/2030 ACM. WT. 41,956,91 0987126513099 REF S 2005091457200000 BS 01219/05 09/18/05 SOUGHT UNITED STATES TREASURY NM 9128281(6 20.030.000 99.89063 19.978.125.00 CUE 08/15/201504.250% FA 16 09118728291099 ACCR, M. 90.842.39 YIELD 4.263 %TO MATURITY OVER RU • 02594475 Al 4.27 1001106.1150 051 YIN EFTA01260302 CLEARIO 11.11000. 111 vaCtLY Meal, SulMoly& En IS b.) 1,) 0 ,8 0 -n C rn r 8660SEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Steams 8 CO. MC. 383 Madison Ala* NOW Y New York 10179 12 am Transaction Detail (continued) INVESTMENT ACTIVITY (continued) sETTLEmorr art nett OAR 011.10.10101. 01501•110N smecucts• CFONIITY PRICE otr niant 010)11 AMOUNT 09/2006 09/1605 SOW FEDERAL NATIONAL WC ASSN 3136FAWE6 -18,252.042 79.89063 14,581.670 .75 SSTRIP ERES 329 CLASS PO WE 01/01/2033 0987126513099 RU 0 2005091657320030 BS 09/20/05 09/15105 SOW MIME MAE CMOSERIES 2003-13 3139210/02 -23.543.127 9.87500 2.324.6(0.79 S RCR-&O FUR ACCR. NT. 71.262.10 DUE 03/25/2033 04.359% 0987021011099 REF • 2005091557240000 85 09=5 OM 5.05 SOLD FEDERAL NATIONAL MEG ASSN 31393C2C6 .11.861.918 6.96875 626.627.47 SERFS 2003-49 CLASS SW CPA 27.867.10 DUE 01/25/2033 03.358% 0987021011099 REF • 2005091557230000 BS 09/2005 09/15/05 SOLD MINE MAE CIAWSERIES 2003-52 313930536 -16.565.865 6.98475 1,154,433.75 KS-VO FUR ACCR. NT. 3%769.14 CIA 07/25/2017 03.458% 0967021011099 REF • 2035091557280000 BS 0912005 OW16/05 SOW FEDERAL NAT)3NN. NIG ASSN 3136FCBC9 -1%328.967 79.76563 15.417.063.44 SERE 346 CUSS 1 DUE 1101/2033 0987027711099 REF I 2005091667390300 BS 09,20,05 OW15.05 SOLO GOVERNMENT NATIONAL MFG ASSN 3837411787 -44.030.030 11.15625 4,908,750.00 SERIES 2004.5 CLASS PS DUE 02/20/2033 03.340% 0987021011099 REF a 2005091551250030 ftc. OW20/05 09/15/06 930 GOVERNMEM NADA% MEG ASSN 38374F6T8 -23.561.075 6.03125 1.421.027.35 SUES 2004-30 CLASS SU WE 02/20/2032 03.590% Mr. Straws Searlief CaP Of itereach Coln Horn bed0r. Piet ok 20 38 FINANCIAL TRUST CO INC STATOFENT Pomo SeplecrOer 1.2005 1,4t06,10. Swine.. 30 2005 0.0000,0 ntivelER Tyd.AvER tOue01 On ne .AAT sTATEmart NeS1 31.2005 0987021011099 REF 0 2005091557260000 BS TOO OE AD) PR9/EVIOU 15/05S MONTHS RCM A 0 021 1001106:1110 001 VON EFTA01260303 I 69aZOO-V1.43 0 m m H r 66605£00 IND ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beat. Stearns 8. Co. Inc. 383 Madison ATOM* New Ned( .111'N V 10179 13 Transaction Detail (continued) INVESTMENT ACTIVITY (continv01) CLEARED THROUOi ITS lAintY aMASO WintanY Oa. Slim Stoats Cow Che ninth COW Wont T n291.3859 FINANCIAL TRUST CO INC STAIMen nOnt00 inter/in t. 2005 ngWRn September 30.2005 ACCOUNT Walt TAXPAYER ASIONER On fie LAST STATtintrt AuiJSI 31.2006 SI111Lvtia !RAO( art ituemcncoa OISCRIPSOk snOIOUCLeae CILINOrlY FOSE Man nagga CREW Autgln 0920/OS 09/15416 SOW GOVERNMENT WOW% MFG ASSN 383740P15 -14.296.550 4.53125 647.812.46 SERIES 2004.035 CLASS SP WE 12/10/2029 03.690% 0987021011099 REF • 2005091557270000 85 10 AD1 PREVIOUS NMI% FACTOR AS OF 090505 09/2006 09118105 SOLO FEDERAL rtAltNAL WO ASSN SERE 152 CUSS 1 3136FC1CO3 -25.900.786 79.29688 20.534497 46 DUE 07/01/2004 00.001% 0987027711099 REF • 20350916573%0W BS 09/2005 09/18/05 SOW FEDERAL NATIONAL MG *SDI SERIES 353 CLASS 2 31381CLO6 4.757.972 22.67188 1885,596.63 DUE 07/01/2034 05.000% 0987016110099 ACCR, NT, 23.111.32 REF 4/ 2005091657150300 8S ACCRUES ON 1ST. PAYS 01425111 °mos 09116/05 SOW FEOL NOME LOAN 111000RP•S10109 SERFS 227 CLASS 10 31282YDN6 -27.688,703 23.04188 6.358.334.08 DUE 12/01/2034 06.000% ACCR. M. 72.603.52 0987189412099 REF • 20050916573600% BS 002006 09P15106 SC4D FREDDIE MAC CSOISERIES 2686 5040 FLTR 313%12118 4,074.610 w 7.28125 587.932.59 DUE07/15/2019 03.531% Ma PIT. 3.960.82 0987021011099 REF it 2075091157290%0 BS 09/20.05 09115/05 SOW ALTERNATNE LOAN TRUST SERIES 2004-300B CLASS 1.4-8 12667(666 45,363.036 146313 513.863.31 DUE 0225/2035 01.458% ACCR. NT. 35823.05 0987021011099 REF • 2005091557300000 OS 002005 09116.105 SOW FEDI. HOME LOW MG CORP.510110 SEW 10 S 228 CLASS 3128270P1 .16.271.372 20.07813 3266.986.53 DUE 02/01/2035 06.000% ACCRA PM 51.526.01 0987432119099 REF 0 2005091657370000 8S ACCRUES ON 1ST. PAYS ON 25114 027 100100611,10 COI VMS EFTA01260304 CLL..310 RIROLCH ne •MIOLLY 01/40CD SLIMISMAY 171 IS tO IJ IJ -n C rn r 000TS£00- 019- ANGS BUR STURNS OFFICE SERVICING 'CUR ACO747711 Boar. Steams & Co. Inc. 383 Madison Avenue New York. New Tat 10179 14 ai 36 Transaction Detail (continued) INVESTMENT ACTIVITY (conttued) fl aw 1RAIX 011E fiendACI10N 09/20/05 PRINCIPAL DIESCRP11011 GOVEVOADIT NATIONAL LNG ASSN 3.590 SEWS DUE 12/2009 2004-035 CIASS SP PRINCIPAL REMO', 09-20-05 44.4 04.44 Say, in Cap Ow 1.44inuch Grow Moth mi l 11201.1659 FINANCIAL TRUST CO INC STATEMENT MVOS Seclefribe• 1.2005 THROUGH S.Vernter 30.2005 ACCOLIV VuLISER TAXPAYER mirABER On file LAST STATEMENT A4111 31.2005 M.MUS. outman PACE 01611 miCON1 CR0111 61.101.1111 38374GPJ5 -172.307 09121105 09/154)5 CANCEL SELL GOvERINENT NATIONAL MTG ASSN 38274FO97 44.000.000 11.15625 4.908.750.00 SERIES 2004-5 CUSS PS WE 02/20/2033 03.160% 0987021011099 RU • 2005091557250030 BS OF 10 09/1505 SO 09/2005 TO Cal PREVEUS SELL 09/21/05 09/15/05 SOW GOVERNMENT HAMM/ WO ASSN 38374FC437 -44.000.000 11.15525 4.938760.00 SERIES 2C04-5 CLASS PS DUE 02/2002033 03.160% 0987021011099 REF 0 2005091557250000 85 AS OF TD OW15/05 SO 0900/05 AS OF OW15/05 09121106 09/15/05 CANCEL SELL GOVERNIAO41 NATIONAL MFG ASSN 38374F616 23,561.075 803125 1.421.027.35 SERIES 2004-30 CLASS SU DUE 0200/2032 03.410% 0987021011099 REF * 2005091557260000 BS AS OF TD 09/15/05 50092005 TO 070 PREVIOUS SELL 09/21/05 0905A)5 SOW GOVERSIEW NAllONAL 1116 ASSN 38374F616 -23.561.075 6.03125 1.421.027 .35 SERIES 2024-30 CLASS SU DUE 0200/2032 03A10% 0987021011099 REF a 2005091557260000 BS AS OF TD 09/15A76 SD 09/2005 AS DE 09/15/05 09/21/06 09115105 CANCEL SEAL GOVERNmENT NATIONAL MTG ASSN 38374GPJS 14.298550 853125 647812.46 SERFS 2004-035 CLASS SP DUE 12/20/2029 03.410% 0987021011099 REF 12005091557270000 BS AS C f 7D 0905/05 SD 09120/05 TO CIL PREVIOUS SELL On TOOTAlwiso 001 YON EFTA01260305 0 z m cim z H r TOOTSEOCINDANGS BEAR STEARNS OFFICE SERCH4 YOUR ACCOUNT Bear. Stearns 6 Co. Inc. 383 Madsen Avenue 10179 15 c. Meats 140.444M ITS wnO.Ly 000420 SUSS MAN'? W. SOUR Steawn Cap. lAeoptecii Wise Nam 11201.3459 FINANCIAL TRUST CO INC S-Ansa,r ;IRO, Se1224,TMc 1.200$ ibISMr.4 Sectem.V2 30. 2005 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTIOADO TWA Dal DATE TRANSACTION OESOWTS211 sin.ISCLCUSP CV.Wrirf PRICE Acoate 04614SER TAXPAsER LAST sTATEACN, Part SWUM H.wsz 31.2005 OM MOM 09/21/05 OW21105 092145 09/21106 099/1105 09/2345 0928/0.6 092605 09/1505 SOLD XXJRNAL JOURNAL JOURNAL JOURNAL PRREPAL PR1NCPAL GOVERNMENT MT1ONM. MTG ASSN SERFS 2004-035 CUSS SP DUE 12/20/2029 03.410% 0987021011099 REF * 2035091557270003 BS AS OF ID 09/15/05 SD 092005 AS OF 0&15/05 FEDERAL MARONE MM ASSN SERIES 200349 CLASS SW 3.356 DIE 0125/33 FANNIE MM C.10/51RIES 2003-52 ItS44 FUR 3.458 DUE 07/2217 FEDERAL NA11242. MG ASSN SERIES 352 CLASS 1 0.001 DUE 07/01134 201. HOME LOAN MG 6CW/510160 SERIES 227 CUSS 10 5.000 DUE 12/01/34 GOVERNMENT NATIONAL LOG ASSN SERIES 2004-035 CLASS SP 3.410 DUE 122029 ADJUST POSITION FEDERAL RADOM MIS ASSN SERIES 329 CUSS PO CUE 01/01/33 SERV PRIV 2D0346 P/0 09-25-05 REPO P 6I 20200 FEDERAL NADCWAL MEG ASSN SERIES 346 CLASS 1 DUE 11/0033 PRIM WET 06-05 PIO 09-25-05 REPO Pa I 0.0CCO 393742,1S 313930206 313930538 3138FCICC9 31282YDNI5 38374&J5 3136fM46 3136FC8C9 .14.295.550 .1 1 1 1 4.53125 647.612.46 457.764.40 582.264.70 old Ketnrarnao ore MI6 EFTA01260306 0.EAREO TWOUGH rrli ssmpu.v Onwe0 6LOSCturf t69EZZOO- V.L43 0 -n C in r _ ZOOTS£00 IND ANGS BEAR STEARNS CAME SERVICING YOUR ACCOUNT Ileac Steams & Co. Inc. 383 Madsen Avenue 16 te Transaction Detail (continued) INVESTMENT ACTIVITY (ccoUnued) Bev. Means Stoat Co', 0-* lAniann Cow Not. Inlinr 01 FINANCIAL TRUST CO INC STATEmeLT PEAOD September 1.2005 mnoue... September 30.2005 AreCorr suglER TAxPAreot rodent On File LAST STAtinalwr Augat 31.2005 SU11.04741 MAN DATE 1100.10C.N 0(3011.11011 InAIOJCUSIP OUArain PMCE DINT MUM MCA Nell' 09126105 PRINCIPAL TECERAL NATIONAL MTG ASSN 3136FOCC9 209.767.60 SERE 352 CUSS 1 0.001 DUE 07/01/34 PPM RA) 0805 P009-25-05 REPO P 8I 0.0000 09/21105 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3134WCACO 482A65.48 SERIES 352 CUSS 1 0.001 OUE 07/01/14 PAM RID 08-05 PO 09-25-06 REPO P 8I 0.0000 09/21/05 09/15/05 CANCEL SW. GOVERMAINT NATIONAL MTG ASSN 38374F6T5 23.681.075 803125 1.421.027.35 SERIES 2004-30 CUSS SU DUE 02/20/2032 03.403% 0987021011099 REF 20050915250000 85 AS of TO 09/151057 5 SOwaft TO CQ PREVIZAS SELL 09/27/05 COMMDS SOLD GOVERmADIT NATIONAL MTG ASSN 3837416T6 .23.561075 6.03125 1.421.027.37 SERIES 2[04.30 CLASS SU DUE 02/20/2032 03.403% 09037021011099 REF • 2005091557260000 8S AS OT TO 09/15A/6 SD 09/20106 TOP.O.IPREVIOUS MONTHS FACTOR TOTAL 1452.032.22257 5551.454.219.11 INTEREST DAM DIESCRIP03.4 09/01/05 AVG BAL 424.88ORT 2.601 021 OFFICE INTEREST 0605 09115005 FEW HOME LOAN 1.00 COPPOS10109 3128210/41 5.0000 1.1142.55 SERIES 227 CUSS 10 DUE 12/O112O34 5.000 OITERST PAYMENT 09-15.05 52.430/20m. OLISRMIT IMT1GA OM T A1101110 ONCel mated 951.82 027 •00006:u20 COI 100 EFTA01260307 0 m C in r £00TS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beee. Steams a Co. Inc. 383 Madison Avenue 10179 Transaction Detail (continued) INTEREST (continue4 CLEARED neitOuGR RB remetLY 0104D MASORA, eem Stan Scones COO Oee venue, Crier Pen a 11,01.3159 FINANCIAL TRUST CO INC STRTEMER, Rena, September 1.2005 neR04.0.8 September 10.2005 ACCOcen NO/SPA TAXPAYER wAreft On Fie .AsT STATDADM 14qme 31,2005 art DESCRSRION SWOODOUSIP Gummi! PATE OR COO AMOLOR CREDO &ROLM 09/15/06 ROL NOME U1421PAIG GORP•SI0109 31282YDN6 5.0030 36.908.18 SERIES 227 CLASS IO DUE 1201/2034 5.000 PR RA 0805 PM 09-15-05 REPO P a I 5,0000 oonstos not MAE LOAN MG CORP4610109 3128210116 5.0000 77.701,85 SERIES 227 &ASS 10 DUE 12/01/2034 5,0005 wr ND 05-05 PIO 09-1-05 REPO P a I 500)0 050905 FRECCE AMC 0.105ERES 2885 313951288 3.5310 25832.52 5640 FUR CUE 07f15/2019 5531 INT RA 08-05 PA 09-15-C6 REPO P & I 3,7287 09115105 RP. NONE LOAN PAIG CCOPPS10110 SERIES 228 CLASS 10 31282YDP1 5.0030 84,306.97 DUE 1/2015 8 INT R020 e 08-05 PM 09-15- 00005 REPO Pa I 6.0000 09120/05 GOVERNMENT NATIONAL MG ASSN 383741067 3.3400 46,996.76 SERIES 2004-5 CLASS PS DUE 02/20/2033 3.340 NT RA 08-05 PM 09.20-05 REPO P a I 3.3406 09120.05 GOVEProaDil NAT1COUL MID ASSN 1837421367 3.3400 73,493.64 SERIES 2004.5 CLASS PS CUE 02/20/2033 3.340 INT 80 08-05 PM 09-2095 REPO P & I 3.3406 09120436 GOVERN/Ma NATIONAL LOG ASS/4 38374F816 3.5900 71,399.01 SERFS 2034-30 CLASS SU DUE 02/20/2 2 3.550 INT PM 08-0503FA 0020.05 REPO P & I 3.5906 027 101)00.11143 001 VIM EFTA01260308 CLEARED tHAOUCH ITS 1•MOU.Y WOAD liu•SOARY rn IS b.) Ia La ,c) BEAR STEARNS arra SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 hladisco Averte N Y N intry1 •0179 18 ce Transaction Detail (continued) INTEREST (=Word) Ds. tune Unglues DATA Ono IMAM.", On Math Nest Yak 11201.3855 RNANCiAt TRUST 03 INC JITATDOENT mem Septette 1.2006 imam &wt.-t. 30 2005 AOCOLPIT MAW T AY tasaDAA On Fie LAST MAMMAT kips 31, 2005 DAR OLSCRPTION SAIDOUCUSP awn MIt N an NC/N! CREDIT mom 09/20/05 GCNERNMENT NATIONAL MTG ASSN 3837 4/6T5 3.5900 71.39908 SERIES 2004.30 CLASS SU DUE 02/20/2032 3.590 INT RiD CMOS PM 09.20.05 0 REPO P & I 3.5906 09/20.05 GOVERNMENT NATIONAL MTG ASSN 38374.3P15 3.5900 43293.48 SERIES 2004-035 CLASS SP DUE 1240/2029 3 590 -n INTEREST PAYMENT 09.2045 09/25/05 GOVERNMENT NATIONAL MTG ASSN 38374F6T5 3.4030 71.399.08 SERIES 2004.30 CLASS SU C in DUE 02/20/2032 3.403 REV NT FOR 9/20/2005 PO BAD POSITION 09/25/05 FEDERAL NATIONAL &ITC ASSN 3136/CID6 5.0000 37.094.87 SERIES 353 CLASS 2 DUE 07/01/2039 5,000 INT 40 05-05 P/D 09-25-05 REPO P I 5.0000 0940005 GOVERMENT PUTTEE& MG ASSOC 383744755 43.403.95 SERIES 2004-041 CLASS SE OUE 05/20/2030 0.003 r FM.4 CR INT FOR 9120/2035 P D TOTAL S-712081.1 N11,It as REPURCHASEAND REVERSE REPURCHASETRANSACTIONS with Bear, Steams& Doinc. VOOTSE00- 019- ANGS SEITLIDAST MAX DATE DATE TRAXJAIDCAI DISCMPTION SYMEMUCLISIP warm, OWE MUM 09/01/05 JOURNAL FEDERAL MARONE MEG 1551/ 3136/CICC9 8.058484 5.923.000.90 SEMIS 352 CLASS 1 0.001 DUE 07/01/34 FILM F2133186 AZ TERM REPO AGREEMENT CAW, AMOUNT 02) 1001/05:1160 OM YW EFTA01260309 0 -n rn r 50015£00- IN9- ANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue Y 10179 19 a, re Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) laTtuam nva out DAD mu•SACnos otScsunce. 09101/05 JOURNAL FEDERAL NA113t4AL MID ASSN SERIES 352 CUSS 1 0.001 DUE 0701134 FILM F2443351 Al REPO AGREEMENT MUMS JOURNAL FEDERAL RADOM. &LTG Assr< SIRES 352 CLASS 1 0.001 DUE 0701/34 RDA F2443351 A2 REPO AGREEMENT 090105 JOURNAL FECERAL N400NAL NTG ASSN SERIES 352 CLASS 1 0.001 DUE 0701/34 FM F2443351 .13 REPO AGREEMENT 050105 JOURNAL FEDERAL MAIM« MTG ASSN SERIES 353 CLASS 2 5.000 CUE 07/01/34 RIM f 2443351 83 REPO AGREEMENT 09101/05 JOURNAL FEDERAL NA70W1 AUG ASSN SERIES 353 CUSS 2 5.001) DUE 0701/34 FILM F244335181 REPO AGREEMENT 09101105 JOURNAL FEDERAL NATIONAL ARG ASSN SERIES 353 CLASS 2 5.000 DUE 0701/34 MIA F244335182 REPO AGREEMENT 09/01.05 JOURNAL FEDERAL rant/I/AL MEG ASSN SERIES 353 CLASS 2 5.000 DUE07O1/34 FM F2133185 82 TERM REPO AGREEMFJJ1 =JAW TI*OuOm !TS War, Owe tueStuRr Szirrts Semon cos. 0-t ~meth Cats la ~120141151) FINANCIAL TRUST CO INC nanaarra PE9,30 Septerrte 1.2005 roexCMGH September 30.7035 ACCOu•ir ~tit ~Ana Wye« On Fie LAIR STATNENT August 31. 2005 SININXICULN. CELIANNEv MIT AMOUR CaOxr moan 31363131(C9 4.058.484 5.958.000.00 3138FC009 8.058.484 5.958.000.00 3138FOCC9 -8.058.484 5.958.000.00 - .. ••• 3136FCU06 4.902.758 500.000.00 31351=0 4.902.768 1.577.00000 3136FC106 5.902.766 1.677.000.00 313613:L06 8.902.768 1.850.000.00 on 1501.06:1140 CM NMI EFTA01260310 aıuw0 Trmuln nı wMpUr o.Tıau susouır 900TS£00 W9 ANOS BCflR STEARNS OFFICE SERVICING TC& AC W IMT 8w. Steems & Co. Inc. 383 Ma on Avenue New York. New York 10179 20 aa Transaction Detail (Gontınued) 4m. SMwm STnıeH Cap On. WumıcX CAbX ımm ııtoı.ıMR FINANCIAL TRIIST CO INC sTATEMe1R PERCO SeR•emter 1.2005 lnapuO+ SeRleateı 30. 200S ACCWc1 MM.9ER TAXPAVIA ıAıeEA Onrıe REPURCNASEAND REVERSE REPURCHASETRANSACTTONS (cOrlDrMa ııaT eTAIDıFıaT AuDuR 31.2005 ~R ~ 1 GA MR TUXLCnCN CESD✓mTrM SHMDAIAw OM 1R/ O1M MOUNT cm FMp)4T 09)01/05 JDURNAL FEDLHTXAELOANMGCORPw510109 3126210N6 8.858.010 500.000.00 $ERES 227 CLA$S 0 5.000 DUE 12101F34 FDM F2133316 AZ MW REPO AGREEMENT 09/01/05 lOUNNAL FEOL HOME LOAN MTG CORPwå10109 31282YON6 4858.010 1.706.000.00 SERRES 227 CU155 tl 5.000 WE 12171/34 FIlM 12443349 Al REPO AGREEMENT 09101/05 JOURNAL UNITED STA1E5 1RFASJRY NOlE 912828996 20.000.000 20.225.000.00 F11M F2430998 A2 4.250 DUE 08115/15 TERM REPO AGREEMENT 09.0105 A7URNAL IIMED STAIES TRFASUM M3TE 912626996 10.000.000 20.3$0.003.00 FIIM 12441385 Al 4.250 00E 06/15115 REPO AGREEMAR 09/0N05 RFCENED UNIRD STAIFS iRNSIIRY 1101E fil 06/31)2007 4.000 91282/073 50100.000 50.312.600.00 4 000 WE 08/31/07 FİIM 12441052 Al RE$AIE AGREEMENT 09/01/06 11ELNERED LNIED STAeE51RFASURY IIDTE 912828113 -08.000.000 68.235.000.00 DUE08/31)2007 4.000 7 Di243~000 p AZ FİfAI~ TERM PESUE AGREEMENT 0910105 MEREST FEDERALN010NALMIGA55H 3138F01C9 19.024.35 SERRES 352 C1AS5 1 oUE0701)2034 0.001 FRM 12133188 AZ REPO RPIER6T On NTEREST FEDERAL NARM IA MIG ASSN 3138FCID6 &942.10 SERIS 353 CLASS 2 ~ FFR Î 01A2133188 62 REPO INTEREST 027 10e1.9k11X0 001 XN4 EFTA01260311 IT1 IJ La O -n C in r LOOTSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOMT Bear. Stearns & Co. Inc. 383 Madison Avenue rk 10179 21 ex Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) cuftAvo AoICAOH Rs Ataxy Ovn-CO StAsSOARY an,. SlArtn$ Swats C, 0. kotectsa, Ewan hot Eros*, Am Vas 11V01.3830 FINANCIAL TRUST CO INC STATEWL, Cr 'MOO SepterilDer t, 2005 ThROUGM Sep:tenor 30.2005 ACCOU41 sLenin TAXPAYER NIAAKR On Fie LAST STATEWPC Awn 31.2005 WADANT MOE DATE DATE 15404AM:04 Of SCRPTION SYLIKAtUSIT COUMTY Ofen MCW(T CA£DIT MOW 09/01:05 MEREST FEM. AWE LOAN NIG COMPS10109 3,282YCN6 1.605.97 SERES 227 CLASS 10 WE 12/0112034 5000 HIM 12133316 AZ REPO INTEREST 0001/05 INTEREST LAVED STATES TREASURY NOTE 912828EE6 1.797.78 WE 08/15/2015 4.250 ITEM 12430996 AZ REPO INTEREST 03/91,05 INTEREST UNITED STATES TREASURY NOTE DUE 0813112007 4.000 912628E13 6.294.63 F2431000 RESALE FRIA MEREST AZ 09102105 KURNAL UATTED STATES TREASURY NOTE 912828EE6 20.0[4000 204.50.060.00 FDA 12441385 A2 4.250 DUE 08/1915 TERM REPO AGREEMENT ..... . - ... 09/0205 JOUTOLV. UNITED STATES TREASURY NOTE MU F2450705 Al 9128281£6 .25.0CA000 iiielaso.ce 4.250 DUE 08/15f15 REPO a C9/02/06 RECENED UNITED STATES TREASURY NOTE 912828EF3 30001),C00 30.225.000.0) DUE 08/31,2007 4.005 4.003 DUE 06/31107 Erna 12450707 Al RESALE AGREEMDff 09.102105 DELIVERED UNITED STATES IREASURY NOTE DUE 06/31/2007 4.000 91213281,3 40.000.000 60.312.500.00 4.000 DUE 08/31107 Film F2441052 A2 TERM RESALE AGRIEDAENT ORIDEXIS INTEREST mato STATES TREASURY NOTE 912828(16 1.825.85 RUE 06/15/2015 4.250 FIN F2441385 102 REPO INTEREST 02? 1001106411A0 001 tAw EFTA01260312 CLAM= net01.04 ITS 3,44Cur CCDw• meows C) -n C in r 800TSEOCIND- ANGS 8 IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Aitnue 0179 22 or 34 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) Sr. Sian Swann Cap. Ors Minesen Cent North II 2014859 FINANCIAL TRUST CO INC STATEWEnt PER300 September 1. 2005 1100u0,1 Sep/tote 30.2005 UM AO:Cur %Amen. TAXPAYER mama WT 874TOJENT August 31.2006 Sin 0.03rt TRADE dR bet TIMMACTIY4 OLSCRIPION SYNOCVCUSP COMITY Mr *CUM CR500 mow 09(02)05 INTEREST UNTIED STATES TREASURY NOTE 912828EF3 4.500.17 DUE 08/310037 4.000 FDA F2441052 A2 RESALE INTEREST 0906/05 JOURNAL FEDERAL NATMNAL MTG ASSN SERIES 346 CLASS 1 DUE 11/01/33 FITM 52243262 C2 Um REPO AGREEMENT 3136FC802 19.911.211 14.274.000.00 09/06/05 MURNAL FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS 1 DUE 11/11/33 FEN 52493258 Al REPO AGREEMENT 313610509 49,911211 14,856,000.00 09/06105 DMEREST FEDERAL NATIONAL MTG ASSN 3136F03C9 37.370,12 SERIES 346 CLASS 1 CUE 11/01/2033 0.000 FITM F2243262 C2 REPO MEREST 09/07/05 DELIVERED UNITED STATES TREASURY NOTE DUE 06/31/2C07 4.030 4.000 DUE 08/31/07 SITU 52450707 A2 TERM RESALE AGREEMENT 9126003 -30.003.000 30.225.000.00 0907/05 RECINED UNITED STATES TREASURY NOTE DUEA.05 00/31/200 0801 7 /074.050 0 DUE FRIA 52500896 Al RESALE AGREEMENT 09107/05 912828153 40.000030 40.300.000.00 MEREST UMTED STATES TREASURY ROLE 912828EF3 13.500.50 DUE 0813112007 4.000 LE WM 52450707 A2 RESA RIMIEST OD/0MM COMML INKED STATES TREASURY NOTE FITM 52510800 Al 4.250 CUE OM/TS REPO AGREDAENT 912828E18 -20.030.000 20.175.000.00 icsoueerril0 OD1 wee 8 EFTA01260313 BEAR STEARNS OFFICE SERVICING YOUR ACCCANT Bear. Stearns & Co. Inc. 383 Madison AYeTUO 10179 23 on. Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) C)0 -n SETRDEDR TEAM DAR OW 090805 0908AM 0911205 C rn 09112)05 r 09/1205 09/1205 09/12/05 600TSEOCIA19- ANGS 8 IL) 1RANSACSOM DISCRIP1X114 JOURNAL UTOTED STATES TREASURY NOTE MIA F2450705 A2 4.250 DUE 08/15/15 TERM REPO AGREEMENT INTEREST UNITED STATES TREASURY NOTE DUE08/15/2015 4.250 MIA F2450706 A2 REPO INTEREST JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 329 CUSS PC CUE 01/01/33 STRIP HIM F2553201 01 REPO AGREEMENT JOURNAL FEDERAL NATIONAL MTGASSN SERFS 329 CLASS PO WE 0101/33 STRIP AIM F2243262 Di TERM REPO AGREEMENT JOURNAL FANNIE WE MO/SERIES 2003-13 S RCR4/0 FLTR 4.358 WE 03.025/33 BIM F2103201 Ai TERM REPO AGREEMENT JOURNAL FANNIE WE CMG/SERIES 2003.13 S RCR.14) FIR 4.358 DUE 03/25/33 tine F2553380 Al REPO AGREEMENT JOURN.0. FEDERAL NATIONAL MEG ASSN SERFS 346 CUSS I DUE 11)01)33 FTDA F2563199 Al REPO AGREEMENT CLEARED 114ROLOR Rs ADOLLY OWNED SJSSOMV Sew. WATS Sec.ten Cap 0-t UtErcneth Cana /lel. y% pNAN i.hr. T 21201//59 CIAL TRUST CO INC STAT11.14T PERIOD Septerrb, 1.2006 THROMAI Septeata 30.2005 Aftnea NURSER TAXPAYER ICIER CD FY LAST STAIZIADIT SKIS 31.2005 ETIABOUEUSIP DOLMAN 00111 MEWL CREW MOOR 91282BEE6 25.000.000 25.468.750.00 912828EE6 12.076.43 3136FAWEI5 .10.262.042 13,360,003.00 3136FMVE6 18.252012 13.401.000.00 31392JON2 23.543.127 31392J0K2 -23.543.127 1.775.000.00 3136FC8C9 -19.328.957 14.132.000.00 027 1001/0$01:81) 001 YOM O EFTA01260314 rn 8 IJ V.) a IJ -n C in r OTOTS£00-019-ANGS OFFICE SERVICING YOUR ACCOUNT BBNR Beer. Steams S. Co Inc. 393 Madsen Avenue STEARNS 10179 24 ox Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SETTLE1100 TRADE DUE DATE TRUISACDON oESCSPDON 09/12/05 JOURTIAL FEDERAL toineout MTG ASSN SERIES 346 CLASS 1 CUE 11/01/33 MIA 12493258 AZ TERM REPO AGREEMENT 09/12/06 JOUIDIAL FEOL HONE LOW MTG CORBPS10109 SERIES 227 CUSS 13 5.000 DUE 12/01/34 nnA 12553201 Al REPO AGREEMENT 09/12/06 JOURNAL ?Mt NOME LOAN MTG CORP0S10104) SERIES 227 CUSS 10 5.030 DUE 12/01/34 1194 12243282 62 TERM REPO AGREEMENT 09t1M5 JOURNAL nix HOME LOAN tau ONI 00510110 SIRES 228 CLASS 10 6.OC0 DUE 02401(35 RIM 12553201 B1 REPO AGREEMENT 09f1 7405 JOURNAL FEM. HOW LOAN MTG CORPRS10110 SERIES 228 CLASS ICI 6.000 DUE O2/01/35 HIM 12243262 AZ TERM REPO AGREEMENT 09(12/06 MEREST FEDERAL NATENAL MTG ASSN SERIES TRIP 329 CUSS PO DUE 01/11/2013 0.000 FIlM F2243262 DZ REPO INTEREST SINSIOLRUSO CUOMO 3136FO3C9 19.328.957 31282D)N6 -18.392.469 31282YDIM 18.392.469 31282Y0P1 .16471.372 31282YOP1 16471.372 3138UWEB CLUMP TEMOUGH ITS VIROILY O",c SUBSIDIRRY ism. Sewn Scones CaT O. Winn Cats ,1011 11211.1459 FINANCIAL TRUST CO INC STATP.en cf.A,00 September 1.2005 neipni September 30. 2005 ACCOUNT Waft TAXPAYER Nan* On Ho LAST STATE. ier Sup& 31.2005 01&1 AWOUNI CREDIT AMCOR' t4.856400 .00 3.667.000.00 3.938.000.00 2.777.000.00 3.124.000.00 43.604.86 09/12/05 MEREST FEDERAL NAI13NAL MTG ASSN 3136FC8C9 9.334.52 SERIES 346 CLASS 1 DUE 1141/2033 0.000 FEU 1249325$ AZ REPO MEREST 027 1001105:1140 031 NOS EFTA01260315 La I8 IJ 1, ) 0 BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Elem. Slams & Co. Inc. 383 MeeksOn Avenue 25 e•14 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (ccinnued) SETItDAENT nal DAN DAN MANS6C11011 OCSOZPTWI Sn.61CLCI,Sie am= 0(511 ~al 09/12/05 WREST FEU FOE LOAN MIS CORP4S10109 31282YDN6 12 784.28 SERIES 227 CLASS 0 DUE 12/0112034 5.000 FM.1 F2243252 BL 0 09/12/05 MEREST REPO INTEREST Mt 11014 LOAN MIG CORP/410110 3128219P1 10.141.72 MRCS 228 CUSS ID DUE 02/0112035 6.000 FIN F2243262 A.2 REPO INTEREST F I 09/13/05 JOURNAL FREDOIE AMC CMOISEMS 2886 3139512148 6.249.152 SC-VO FUR 3.728 DUE 07/15/19 Fnm F2413293 fl m 09/13(05 JOURNAL TERM REPO AGREEMENT FREDDIE MAC CMO/SLNES 2996 3139512118 4.249.152 SC-60 FUR 3.728 DUE 07/15/19 nru F2563153 AT REPO AGREEMENT 09t13.105 DEMERED UNITED STATES TREASURY NOTE 91282863 -40.001000 DUE 08/31/2007 4.000 4.00 DUE 08/31/07 r MU F2500595 A2 TERM RESALE AGREEMENT 014I3Ø RECENED UNTIED STATES TREASURY NOTE 91282473 50.000.003 60.375.00.0 01(08/31/2007 4.000 4.000 DUE 08/31)07 FUN F2550407 Al RESALE AGREEMENT 003/05 *mew UNITED STATES TREASURY NOTE 912628EF3 TIOTS£00- IA19- ANGS DUE08/31/2007 4.000 WM F2506895 4.2 RESALE MEREST eLeARQD ra vma.Ly 0A•E0 SueSetAay am. ken Sicm.es Gem. Cm kketerech Cemy Nee, r 11201-3859 FINANCIAL TRUST CO INC sTareiteNT meCo September 1. 2005 'mecum September 30. 2COS ACCOtalt Pala tAx9AVM anal On Ha LAST STATEMENT Map* 31.200S Ca /MONT 44400403 40.300.020.00 21.258.25 027 samiali Tie OM 1866 EFTA01260316 CUM1/0 in tent. ris //rOuY c~GD Imase/ARY m 8 IJ IJ Z m m Z r ZIOTS£00- IN9- ANGS BERR STMRNS OFFICE SERvICING MUR ACCOUNT Bar. Steams 8 Co. Inc. 383 Medium AY011/10 søms 10119 26 Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACTIONS St11111.0rt MMX OM/ DATT muessocet ottclemat 09114/06 Mette. MANE NK CMOSERJES 2003.52 ILS-90 FLTR 3,458 DUE 0785117 EMA F2273375 AZ TERM REPO AGREEMENT 09r14/05 JOURNAI. FANTE ANE 040/5ERIES 200142 ICS-VO FUR 3.458 OUE 07125117 FIN F2573068 Al REPO AGKEMEM 09114706 IFMMT EMNE LUE CAIOISERIES 2003-52 ItS40 FLTR DUE07/25/2017 3.458 FRIA F2273375 A2 REPO NTEREST 00e15.05 JOURNAL FAMNE MAE ~SEKS 2003-52 7S40 FUR 3458 DUE 07/25/17 FITM F2273445 A2 TERM REPO AGREEMENT 0911905 PITEKST FAMNE MAE CMOISERIES 2003-52 KS40 FUR CUE 07/25J2017 3.458 FITM F2273445 12 REPO ?<TEKST 09ile.05 JOURNAL MOE MAE CROSERES 200342 KS40 FLTR 3.458 DUE 07/25/17 EMA F2593219 Al REPO AGREEMENT 09/18105 JOURNAL FANNIE ANE CmCeSERIES 200342 ItS40 FLTR 3.458 ME 07/25,117 FM F2593195 Al REPO AGREEMENT Soentemec0 SY1.03UOM ~Ty man maten 313930538 9.276.884 458.000.00 313930538 4.276 884 31393CS» 1,442.70 313930538 7.288980 184.080.03 31393C$38 1.249,92 31393C538 -0.278.884 313930538 4.288.980 ha.51tJ'n k•nmes Ø. Or* Veve, fmlay VM% FINANCIAL TRUST CO INC VM/vev remco Septerbee 1.2005 mikamm SeVenter 3D,2005 ACCO-N1 rouebt ~vi ~date LAst rarnen .40.51 31.2005 erne $M0u/i7 478440.00 373.000.00 027 1001.05c/1:50 001 5.115 EFTA01260317 0 E I C in r ETOTS£00- 019- ANGS 8 IJ IJ -a 0 Lel BEAR STEARNS our 101" OFFICE SERVICRE YOUR ACCOUNT Bear, Steams 6 Co. Inc. 383 macilon Avenue 27 ate OsAitED TRAY"(-6 re vniCALY CAMEO EMPAIDtOrt ftes. Steams SeoneS Cop. Cry PAeraccn Cerny Math 11201.38SO EINANEVE TRUST CO INC STATTAWIT nom SesemooF 1.2005 TTRCAKIN Saseenoet 30.2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS StITLEMPIT num an TR.FiSAC105 011tISMK01 (continum0 SYM90U0.5.0. Daum 01811 AMC NT ACV.,41 MAIN TAXPAYER POJAIAM MI LAST STATEIRAIT Algal 71.2005 MDR kla7a1 09/1605 DMTI JOURNAL Oda 641E CVO/SERIES 200352 l(S40 FUR 31393c331 9.278.884 478.000.00 3,458 DUE 07/25)17 FITIA F2573068 A2 TERM REPO AGREEMENT 09018/05 JOURNAL FREME MAC 0•10/SERIES NOS 31395)2118 .8.074.610 5410 ELTR 3,531 OM 07/15/19 FITM F2593227 Al REPO AGREEMENT 09116105 JOURNAL ENDUE MAC CMYSERES 2853 3139512248 8.071.810 444.030.00 SC40 FUR 3.531 DUE °nuns MA F2563153 A2 TERM REPO AGREEMENT 095/18105 REMO) wino STATES TREASURY NOTE 912828MIS 20401000 20.17540040 08/15/2015 4.250 4,250 DUE 08/15/15 FilM F2590781 Al RESALE AGREEMENT 09/18/05 JOURNAL UNITED STATES TRUSURY NOTE 912))28EE6 20400,030 20,175,000.00 FITM F2510890 A2 4.25000E 08/15/15 TERM REPO AGREEMENT 99/16105 CELNERED (NEED STATES TREASURY TONE 912828(ES -60400.1330 80.375.000.00 DUE 09/31/2007 4.000 4.000 DUE 08/31/07 UM F2580407 A2 TWA RESALE AGREEMENT 0911605 MEREST WORE MM CMOSERES 200342 3139353e 106.43 I(540 FLU DIE 07/25/2017 3.458 MA F2573088 A2 REPO MEREST 027 1001.06:11,50 001 11666 EFTA01260318 rn 8 IJ IJ C)0 -n C in r VTOTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 1•1601011 AMIGO 10179 28 der Transaction Detail (continued) CUM= 118301.411N8 11.1010 OVOND SLIISOVAY Peet suns Sutton coo cm urreese crow 11018 Im 11201480 ST CO INC STATENE0 A18/00 50INTAN 1.2005 TWONJOH Septerostr 30.2005 TROMW.II NNW AOCCIAT M.MMIt On le REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) tar ilTATEVOR ALVA 31.2005 sum er MAO( DATE alt INVISACIION MOUTON snowarso Commie mar AIJOVM GRECO MOUM 09/16115 INTEREST FRECCIE MAC 040/SERIES 2885 31395/2148 146.89 SE-Y0 FLTR DUE 07/1 S/2019 3.531 MA F2583153 202 REPO MEREST 091806 MEREST UNITED STATES TREASURY NOTE 912928EE6 3.155.15 DUE 081S/2015 4.250 mu F2510890 A2 REPO MEREST 0991605 INTEREST (SITED STATES TREASURY Ica 912828EF3 18583.33 DUE (BM ( 08/321/200707 A2 4.000 5804 RESALE INTEREST 09119105 JOURNAL GOWRIWAD/T NATIONAL 1410 ASSN SERIFS 2004.30 CLASS SU 3,590 CUE 02/2092 FRIA F2823288 Al REPO AGREEMENT 393747618 -23.881.868 2079,030.03 fe06 JOURNAL GOVERNMENT NATIONAL MTG ASSN SERIES 2004-30 CUSS SU 3.590 DOE 02/20/32 ERA F2303215 AZ TERM REPO AGREEMENT 38370678 23.861.865 1.218.00.00 001505 JOURNAL FEDERAL 141110/4.41 MEG ASSN 3136ECKC9 -18.032048 12.922030.00 SIRES 352 CUSS 1 0.001 DUE 07/01/34 FITM F2823190 Al REPO AGREEMENT 09119/0S JOURNAL FEDERAL NA113t04 MTG ASSN SERIES 352 MSS 1 0.001 CUE 07101/34 FTTM E2303182 AZ TERM REPO AGREEMENT 313=929 18.052048 13.289.000.00 09119106 DELIVERED UNITED STATES TREASURY NOTE DUE 08152015 4.250 4.250 WE 08/1S/15 ATM F2590781 A2 TERM RESALE AGREEMENT 912828EE6 -20.000.003 20,175,000.00 027 1601.W:M:t0 COT EFTA01260319 En I8 IJ n.) a 0 -n C in r STOTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Mc. 383 Madison Avenue 10179 29 e Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SEITLEWla DATE MIX DAZE MANS/CnON DESCSIPIX.1 SVICSOL/CuS• Otwerry DOM MOAT CRUM WOUIll 09/19/05 MEREST GOVERNAOR NATIONAL LOG ASSN 38374F6T6 4,118.19 SERAS 2004-30 CLASS SU DUE 02/20/2032 3.590 Him F2303215 AZ REPO MEREST 09/19.005 INTEREST MEM NATIONAL MTG /SAN 3136FENC9 45.005.41 SEWS 352 CUSS 1 DUE 07/01/2034 owl nut F2303162 AZ REPO INTEREST 0911905 INTEREST UNITED SEATO 1RFASuM NOTE 912921916 4,573.03 ME 08/15/2015 4,250 FRU F2590781 A2 RESALE INTEREST 09/2005 JOURNAL FEDERAL NATIONAL WIG ASSN 3136“1146 18,252.042 13.36000040 SERIES 329 CLASS PO DUE 01/01/33 STRIP FIRM F2553201 C2 TERM REPO ACREEIMAIT 09/20105 JOURNAL FANNIE AUX C3.10/5FRIES 2003-13 313921062 23,543.127 1,775,030.00 S Rat-VO FIN 4,358 DUE 03/2933 FMA F2553300 A2 TERM REPO AGREEMENT 09120/05 JOURNAL FANIIR MAE GAINSERES 2003.52 313930538 9,276.884 ILS4I0 FLTR 3,458 DUE 07/25/17 WM F2593219 .42 TERM REPO AGREEMENT 0012005 MURIA. FAN* MAE CMO/SER1ES 2003.52 313930538 7,28/3.980 373.000.00 KS-10 FLTR 3.458 DUE 07/25/17 AMA F2593195 A2 TERM REPO AGREEMENT CLEARED /1410..CH RS viliCtLY °AHD SVISIDARY Oar Seen SEWERS co.P DM Meta°. Ceti" *CM b Mew Yen 11201.380 FINANCIAL TRUST CO INC SIMI-WENT /MOO 5•XeMbEf 1.2005 11.60JCH SeXeMbe 30. 2035 ACCOAT ..I.PABER TAXPAYER Wag* On Fie LAST STATEMENT AUgUlt 31.2005 02? 1001X6:11:50 CO1 YOS4 EFTA01260320 0.0otC0 ?MOAK n orn0 SUSYWay rn 8 IJ IJ 000 00 BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT vat, Steams & Co. Inc. 383 Madson Avenue mai 10179 30 ram Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 0 Smumein mune OAT( OAT( 09/20005 -n 09/2005 C in 09/20/05 r 09/20105 09/2005 09/20105 9TOTS£00- 019- ANGS liwiSACMN 00100,000. JOURNAL FEDERAL NATIONAL MG ASSN SERIES 348 CLASS 1 DUE 11/01/33 FITM F2553198 A2 TERM REPO AGREEMDIT JOURNAL GOVERNMENT NATIONAL MTG ASSN SERIES 2004-5 CUSS PS 3340 CUE 02/20/33 FMA F2383190 A2 TERM REPO AGREEMENT JOURNAL GOLERNMEM NA110/M. WC ASSN SEWS 2004-5 CLASS PS S340 DUE 02(20/33 FTTMARGN F0353211 0.2 TERM REPO AGREEMENT JOURNAL GOVERNMENT RADOM. INTO ASSN SERIES 2034-30 CUSS SU 3.590 DUE 02/20/32 FTIM F2623288 A2 TERM REPO AGREEMENT JOURNAL FEDERAL NATIONAL JAMMU SERIES 332 CLASS 1 0.001 DUE 0701/34 FITM F2443351 A4 TERM REPO AGREEMENT JOURNAL FEDERAL NAT ONAL ATM ASSN SIRES 352 CLASS 1 0.001 DUE 0701/34 ram F2623190 A2 TERM REPO AGREEMENT JOURNAL FEDERAL NATIONAL ISM ASSN SERES 353 MASS 2 5.000 DUE 0740/34 FITM F244335104 TERM REPO AGREELEM Bey. Saws Swint Co Ow *mach Cow nn ma rt 11701O659 FINANCIAL TRUST CO ROC STATEwEn SOt00 intone 1. 2005 memo. September 30.2[05 cnun NowfoR womYER AMMER On rat Lai rAnwort Aiwa 31.2035 SvueOuCuSe OUMIMY Dan MOM Mori miOura 3136/C809 19.328.957 14.132.000.00 38376087 28.400.000 38374F087 17.600.000 38374F615 23.561,075 1.079.000,00 3136TOIC9 7.848.716 5,958,030.00 3136F0(C9 18.052.048 12.922.000.00 3136FCLO6 8.757.972 500.000.00 027 10010301:110 031 EFTA01260321 -n C rn r LIOTS£00-019-ANGS I8 IJ S IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 6 Co. Inc. 383 Madison Avenue ork 10179 31 ON Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACTIONS (continued) Sa111/11(14T 0Alt OATS 1Mx43410e OESCraveorr SYLISCUCUSS. OULATTV DEW MOM CRUX /MOW 0912005 JOURNAL FEDI HOME LOAN LOG CORPeS10108 31282YON6 8.736.422 1.706000.00 SUES 227 CLASS 10 5.000 DUE 12)01/34 RBA 12443349 A2 TERM REPO AGREEMENT 0912005 JOURNAL FECI. HOME LOAN rATG CORP•S1010) 312921=6 19.392.469 3.667.000.00 SOILS 227 CUSS 10 5.000 DOE 12101/34 SITU 52553201 A2 TERM REPO AGREEMENT 09/2005 JOURNAL FREOCE MAC 0,10/SEMES 2886 31395)2148 8.074.610 SC-10 FLTR 3.531 DUE 07/15119 FM 52593221 A2 TERM REPO AGREEMENT 09/2005 StIRNAL FEN HOME LOAN LIM CO99,510110 31282=1 16,271,372 2.777.000.00 SERIES 228 CLASS I) 6.000 DUE 02101/35 FITLI 52553201 82 TERM REPO AGREEMENT 09/2005 JOURNAL ADP CD 8688888 16.300.000.00 FIN&PR 52633219011 8.625 DUE 12/31/49 2074420692 042005 INTEREST FEDERAL NATIONAL WC PSSN 3136FAWF6 11.727.11 ME 329 CLASS PO S1RP CUE 01/0152033 0.000 FIN 52553201 C2 REPO INTEREST 092005 IVTEREST FANNIE MAE WO/SERIES 2003.13 31392=2 1,558.06 S RCR.1/0 FLTR =ABED 711/40a0n Cl, VeteOur BAN suntroy Bea 9GMM Setzttes Ca. Crie Aettraeth Beene Math 11201.3859 FINANCIAL TRUST CO INC STarneNT Puna September 1.2005 THROJOH Sexember 30.2005 ACCCW, makeseR 1/Ocean. Lama On Fie LAST STATFUELer Augutt 31.2005 DUE 03/25/2013 4.358 FM F2553383 A2 REPO INTEREST OA 1OO1/OS:113O CV MOO EFTA01260322 En I8 b.) IJ -n C rn r 8TOTS£00- 019- ANCIS BEAR STERNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams A Co. Inc. 383 Madison *creme w 10179 32 a 34 =ARM ThROUGM Zia %%MOLLY OWNED SISSOWAY Ow San Stanzas One lamed, Cn Nat Mem Yen 1120141139 FINANCIAL TRUST CO INC sTATFueur IMMO Septette 1.2005 TIIROU3K Stranter 30.2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) sumac MX CALL OAR iM161LINN1 013010110N ST1,130SUSIP OWN Trf lit= ACC080 paillelt TraPANZI MOW tar STATOJENT M98t 31.2005 MEW MIOUN1 COUR Meat 09/2045 MEREST FANNIE MAE CIAO/SERITS 200342 31393C538 165.78 1(5443 FUR DUE 07/25/2017 3.458 FILM F2593195 A2 REPO INTEREST 00/20035 MEREST FEDERAL NATIONAL MTG ASSN 31340120 12.404.76 SERIES 346 CUSS 1 DUE 11/01/2033 0.020 FIN F2553190 A2 REPO MEREST 09120/05 INTEREST GOYERNIAENT NATCNN. MTG ASSN 38374F6T6 120.19 SERIES 2004-30 CLASS SU DUE 02/20/2032 3.590 FRM F2623288 A2 REPO INTEREST 09/20/06 MEREST FEDERAL NAT 422 MTG ASSN 3136F00:9 1.439.37 SERIES 352 CUSS 1 DUE 07/01/2034 0.001 MN F2623190 A2 REPO INTEREST 09/2005 MEREST FEDERAL NATIONAL MTG ASSN 3136FC11C9 12.326.44 SERIES 352 CLASS I CUE 07/01/2034 0.001 FTDA REPO MEREST F2443351 A4 09/10115 INTEREST FEDERAL MAMMAL MTG ASSN 3136FCLOG 1.034.44 SERFS 353 CUSS 2 DUE 07412034 5,01:0 FOAL F2443351 84 REPO INTEREST 09120/05 MEREST FUN. HOME LOW LOD COMPS10109 3128210N6 3.210.81 SERIES 227 CUSS 10 DUE 120112014 5,000 NM F2563201 A2 REPO INTEREST 027 1001/C6:11:10 001 VON EFTA01260323 I !La-ZOO- V.83 C) -n C in r 6TOTS£00 IN9 ANDS BEAR STEARNS OFFICE SERYCING YOUR ACCOUNT Beat. Steams & Co. Inc. 183 Madsen Anna) 10179 33 a 36 Transaction Detail (continued) ACCURET MASER TAXPAYER µ0CER REPURCHASE AND REVERSE REPURCHASE TRANSACT1ONS (continued) Lsr ETATTVERT Au9.01 31.2x5 =MILO THROtrxR RS YRICtLY COAXED StAXSOV•RY der. San seweet cap. CRP Agedfees Ptah 11301-3859 FINANCIAL TRUST CO INC trrAmeg 'taco StcXembe 1.2005 rflectas Sectonber 30.2005 5111113t0a 111105 DAM DM MANSAC11011 COMMON SVIABOUCUSIP EMMY OEM NWG ORM warter D9/20/D5 INTEREST MX HOME LOAN MG =P8610109 31282YDN6 3.529.52 SERFS 227 CLASS 10 DUE 12/01/2034 S. FILM F2443349 A2 REPO MEREST 09/2005 INTEREST TUX 11020E LOAN MG CORAPS10110 312/3219P1 2.437.59 SERIES 228 CLASS 10 DUE 02/01/2035 6.= rnm F2153201 82 REPO INTEREST 09/23/05 JOURNAL ADP CO 6888888 16.500.000.80 FTTLI-PR F2633219012 8.625 CAA 12131/49 2074420692 09r23/06 JOURNAL ADP CO 8888888 10.500.000.00 Frt1.1.PR F2633219013 8.625 DUE 12/31/49 2074420692 09/23/05 JOURNAL ADP CO 8888888 16,600,000.00 F111.1.PR F2633219014 8.625 DUE 12/31/49 2074420692 09123/06 JOURNAL ADP CD 8888888 17.400030.00 FTDA.PR /2633219015 8.625 DUE 12/31/49 2074420692 MEREST NW CO 8888858 5.127,60 CUE 12/31/2049 8.625 EMMA F2633219012 2074420692 JOUN441. STOP cc amuse 17.400.030.00 R0.1-FR F2633219016 8.626 DUE 12/31/49 2074420692 002105 09/26106 011 1601/06:1140 001 YW EFTA01260324 CLEARED *mown ITS vA4OLLT CPA,E0 SAMMY rn 8 IJ IJ LA) I0 BEAR STERNS OFFICE SERVICING YOUR AINVILVF Sew. Stearns 6 Co. Inc. 383 MacAwn Avenw 1.10. 0179 34 Transaction Detail (continued) Sew. Swans Seattle Cap. an Meta-ca c- Math 112014059 FINANCJAL TRUST CO INC sTATEDEAT PESCO Depternber 1.2005 notouem Septen•Or 80.2005 AO:OusT Awn" TAXPAYER Nam On Fie REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (CartilueCD LAST STARTert Auguft 31.2005 SEMONOtt Moe OAR DATE TWAACT0N CCU:MM. SvmeD:ADS2P GUMMY MIT ANCLPIT CRUX! PAADUNT 09, 25105 JOURNAL ACP CO 8898888 17.400.000.00 FITWER F2633219017 8.625 DUE 12/31(49 2074420692 09126/05 JOURNAL ADP CO 8888866 17.400.000.00 1011-PR F2633219018 8.625 WE 12/31149 -n 09126/05 JOURNAL 2074420692 ADP CO 8888888 19.200.000.00 MAAR F2633219019 8.625 DUE 12/31(49 C in 09/26/05 WTEREST 2074420692 ADP CO DUE 12/31r2049 8.625 FITM-PR P2613219016 8888888 5.437,50 2074420692 09/28/05 JOURNAL ADP CD 8868888 19.100.0:0.00 FRIA-PR 12633219018 280,625 DUE 122/31149 7442069 09/28/05 JOURNAL ADP CET 8888888 19.200.0)3.00 r HTIA-PR 1263321901A 8.625 OUE 12/31/49 2074420692 09/28KA INTEREST ACP CO 8888888 4033.33 DIK 12/31/2049 8.625 FITIA-PR 1263321901A 2074420692 TOTAL 4-033.NS.$4,134 S504.878.108.81 OZOTS£00- 019- ANGS 027 10Nni05:1110 001 EFTA01260325 £IL£ZZOO-Vin BEAR STEARNS OFFICE SERVICING YOUR ACCOUM 8e74. Steams & Co. Inc. 383 Madison Avenue 10179 35 WORE, THARCH :TS WHOL'Y Ovo.ED raSIOVAre Der. Sian. Sco.anes OR *MVO Oral heRN IRV-VMS FINANCIAL TRUST CO INC STARVE +, MOO SepterAber 1. 2005 WORAC4 SWAMP.% 30. 2005 Transaction Detail MISCELLANEOUS OAR REVOAT TUMS/L11:01 (continued) OMCINPIX* OBIT APJOINI AtC.0 NT SMUMP TA A WE W LAST ICARVViT Atc.st 31.2005 COICIT MOMS 09/01/05 JOURNAL TO CM:6 At 0214212841 119.924.00 09/02/05 JOURNAL TO CMOY NC 0214212641 114,810.00 0 09/06/05 09.07/05 /CORRAL JOURNAL TOCMDY /VC 0214212841 FR GMT AC 0214212841 164.592.50 66,530.00 z m 09/08.05 09/09105 09.713/05 JOURNAL JOURNAL JOURNAL FR CROY NC 0214212841 FR MDT A/C 02142128-F1 FR CIADY NC 0214212841 75.804.38 5.112.50 116.022.50 ci 09/13/05 .ClarMi. Ft844.30YROMAWTO SETT.09105 106.593,74 m z 09/1105 JOURNAL 5.000 DUE 09/01/35 MRS NET 05413/05 PA544-30417(moiA.101D MI1.09805 699.023.44 5.500 DUE 09101/35 H M85 NET 0911105 39,14/05 JOURNAL FNMA-30YRIFNMAIGTO SETT.09/05 85,937.50 6.000 DUE 0901/35 r - 16/05 JOURNAL MSS NET 09/1405 FR GvOY NC 021-5212841 396.328.50 >cm JOURNAL 8.135 SPEC PART 2 C.R ZEES 5.350 00 4.1412,23888 1745435.34 TZOTS£00 IND ANDS CRT 1001/C6.11:50 001 1484 EFTA01260326 CtlAnt0 DiROU00 rrs 99Cti.v 096.40 SMISavre 0 -n C in z -H r ZZOTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Mame 10179 36 • N Trades Executed Pending Settlement SL1IW4DIT WOE pT OPT MANSACnON OFSCIPT1014 10/13/05 09116,05 BOUGHT SvinOutUSP Ms. Steen% SKIMIS Cop. 0* hletrotecn Calif Math 11201455f FINANCIAL TRUST CO INC STAMEN" PE0100 Serxenter 1.2005 9.0MSM SeNenter 30.2005 ACCOLPIT 7.90.9veR woman OT Ede LAST ErrArOdENT *opal 31.2006 Worm rwa Cart /MOUNT OMIT MOST ENIAA-301R(FNMAIGTO 5,082592 50.000.000.00 100.3203 50. 60. 56.25 SETT.10/05 DUE 10,01/2035 05.500% 0987135514099 REF • 2005091657250000 BS 10013/05 09107/05 SOLD TOTAL FNMA-30YRIMMIGID 5,082592 -50.030.000.00 100.6260 50.312.600.00 SETTOM16 CUE 10'01/203S 05.500% 0967797115099 REF • 2005090757170000 BS 550.160.15625 SM.M2.340.00 Tie M0. oarsrow cos n my car sortem sh.16vonr STOP, End of Statement 077 1003,0seitisa am V096 EFTA01260327 En IS IJ IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Menus N Y P 1 10179 CAMEO Manua, les veneeLV OntatO SUOSDAm loam Ream Smote. Cow. ere Oletutch en Mtn eroathrt Nee TON 11201.385) FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSTIE wawbearmearns con What's In This Statement Financial Summary 3 IIIIIelllm1111lill III FINANCIAL TRUST CO INC STAMArar PIROD meows ACCOLM %meth nocoMiER toes LAST summer July 30.2005 Auger 31.2005 On File fl y 29. 2005 Your Portfolio Holdings 4 GO JEFFREY EPSTEIN TranSitarco Detail 7 6100 RED HOOK QUARTER Trades Not Yet Settled 33 STE 63 ST THOMAS VI 00802 0 ZT r l C in Your Portfolio at a Glance TOTAL VAUX OF SECURITIES THIS PERIOD 3.188.141 Market Value of Your Portfolio cash£ Equviknt —1,11 5 .7 2 1 2 2 1.488 LONG ACCRUED INTEREST 34.115 53.188.141 Cam NET citron mower 221.488 Income $3.204.048 Current manioc value NET EQUITY TICS PERIOD 53.443.744 allf Last statement's maker Mlle r NET COMM, !AST STATEMENT 3.241.555 CHANGE SINCE LAST STATEMENT 202.189 EZOTS£00- 019- ANGS There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Meg sunny', n M irfornerkoul pneno my 3 Ds n a rumor as 4 as acorn nu tawny atroJd cc 'Waite Myna Metes See mono Rh ton/pain Ofmnsmn 027 Wel /06,1311 COI MI9V EFTA01260328 O.ORO TWOUCH ITS ,Ma.,. OnNED SUILSIDINY Bear. Sean Seo.run c. Cr* Metsasch Cato Meth 112014859 FINANCIAL TRUST CO INC 9 I LaZOO- V.Ld3 0 z ii C rn z -H r VZOT SEGO IN 9 ANDS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 Ver 05.'328 O01 vm EFTA01260329 BEAR STEARNS OFFICE SERYCING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 !ltsdson Avenue 10179 3 or 36 Cash Flow Analysis INS PERIOD Income Summary me Peace VCAR10 DAM OpeningBalanco 111.711.77 U.S. God. Bond Int 461,711.95 4,520,094.57 Gott. Agency ht. 627.049.58 5,392,264.53 Securtics Sold 1.146.377.233.41 Corp. Bond Int 168,705.12 1.142.506.31 olvatIOSAIllaCSI 1.258.484.71 Credit Balance Mt. 998.06 5.322.57 Ishsraltaneows 1.174.993.98 Revers* Repurchase Mt. 150.243.08 1.523.787.61 z -n Amount Credrtod Socuities Bought Diridendsanterest °lined S1.148,810.692.10 1.147.503302.66 -752,302.90 Total Bond Purchase Mt. Repurchase Int. Exp. 11.408.707.79 -752.302.99 -208,934.41 S12,583,975.59 -6.392,956.47 -1.500.590.05 C in z MisceflaneCuS Amount Debited Net Cash Attnity -345.310.60 S-1 148 600 91636 209.775.75 Portfolio Composition Cashtash Equiyalem 221.488 Closing Balance 5221.487.52 Fried Income 3.188.141 Total $3.409.629 r SZOTS£00-019-ANGS Cash Balance Summary orogen etoseic Margin 11,711.77 221.487.52 Net Cash Balance 811.711.77 1221.487.52 al? 03.0106.13 3$ OCT awes 71494.4314 IT8 weettv 0.410) SIASSIDWAY es. Sure Seminal cap. ON mimeo, Cerny Walli a My Yµ 11201.3859 FINANCIAL TRUST CO INC STATLIALNT PIRO° Ail 30. 2005 THACUCH etAjlef 31.2005 ACCCAPIT Alluttit TAXPAYER WARR On Fie UST STATEWENT JOly 29. 2005 Your Portfolio Allocation L reed 11COrne 94% WOWS partant U+IY -w Meal alb reCal neliel wills. Mr Swan [SUMO II denell err Oe Salo Arc nil.* of ra panto. EFTA01260330 CLEARED THROWN ITS volCux Ontal0 WISMAR+ C) -n C in r 9ZOTS£00- 019- ANGS 8 1.4 IJ BEAR STEARNS OFFICE SERVICING 'am ACCOuNT Beet. Stearns 6 Co. Inc. 383 Madison Avenue 10179 4 ax Your Portfolio Holdings CASH & CASH EQUIVALENTS omens CASH BALANCE SYMBOLOSP INRECT ESIIIPATED CURRENT COACRY Part pAlUt Nam wX00 TRW t% 221.4813 TOTAL CASH & CASH EQUIVALENTS FIXED INCOME Government & Agency Obligations Ca DESCRIPTION SYILICE/CLISIP TYPE GOVERNMENT NATIONAL MEG ASSN 34374GP.IS MRGN DARTED I 2004 05/21 -035 CLAS 4 S SR D DALE /0 BOOK ENTRY ONLY CUE 12/202029 3.590% FACTOR - .881145284 OUPPOITT 14.468.859 Mw Yawns Startles Cow. 01411MMIAKA Cwt. Rath 11201,3869 FINANCIAL TRUST CO INC STATDAENT PEROD Jul/ 30. 2005 inotC.X.N Pupil 31. 2005 k.:Cdpir Nute9ER TAxPAvER 5ANSER On EA! utT STATIVOrt kly 29.2005 *SCRUM ESIWATTO CURRENT pan PAPAW ?P.M MITRES? µICU( WWI TRU> CA 5.9466 860.404 15.870 619.432 60.3707 GOVERNMENT NATONAL NOG ASSOC SERIES 2004-041 CUSS SE DATED DATE 0&231D4 BOOR ENTRY ONLY DUE 06/20/2030 FACTC4I .90303316 38374GY53 MAW 14.505.776 6.1364 890.134 FEDERAL NATIONAL MEG ASSN SERIES 2003-49 CLASS SW DAZED DATE 04/3003 BOOK ENTRY ONLY CUE 01/25/2033 3.358% FACTOR - .48800907 31393C203 MRGN 11.861.919 6.6431 811.726 6.638 390.323 49.0711 CaT 0101,05:13:29 001 PISS EFTA01260331 Cte/n0 751.0..61.. PS vatottv Ow*, Wes oar rn 4 IJ 1,3 Al m cim H r LZOTSEOCINDANGS B&W STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Ire. 383 Madison Avenue 10179 Your Portfolio Holdings (continued) Government & Agency Obligations (continued) ACC DES011•113N SThreOliCuSt2 FEDL HOME LOAN LITG COPP•510109 31282YDN6 MRGN SERIES 227 CLASSIC/ DATED DATE 11/01/04 BOOK ENTRY ONLY DUE 12/01/2034 5.000% FACTOR - .93242216 Total Government& Agency Obligations aviary 465.211 21.4063 99.798 1,943 23.311 23.3582 Self. SYMMS Seer on 05 Dq .160c..ccn Can. Ken I1701.38SO FINANCIAL TRUST CO INC SUIT WENT PERO() PA, 30 2005 THROWN mew 31. 2005 ACCOINT MAISIR TAxpAYEA MAWR n le LAST STATOR Pa Mf 29.2005 ACCRUED CSTiv1110 aPenia PM air MX Winn" AnktiAt 0.609/1 MO rig 5' 612.062 52.6451 9941.066 Corporate Bonds CESOUPTICel ALTERNADVE LOAN TRUST SERIES 2034-3003 CLASS 1-A-8 DATED DATE 12/27/04 BOOK ENTRY ONLY DUE 02125/2035 1.640% FACTOR - .88409516 RAMC: MOODY MA SLP AAA Total CorporateltOndS TOTAL El XEDINCOME ACC SWBOLCUSin Mt 126676066 MRGN 0tiAJIT, TV ma YAM* mot =WED MOWS! ANNUAL (SMIATID Pall COMM? 1160 363.806 1,4876 528.079 9,664 579,966 110,2431 5524079 99.661 5379.066 53.199,41 634.115 91.521.032 yOUR PORTFOUOHOLDINGSACCRUEO INTEREST 534,115 YOUR PORTFOLIO HOLDINGSESTI MATED ANNUAL INCOME 5' .521.032 YOUR PRICEDRORTFOLIONOLDINGS 53.409.629 027 C901,04 13 20 071 yeas EFTA01260332 CLLARZO*CPS in man' amigo SURSCARY rn 8 b.) IJ O IJ -n C rn r 8ZOTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stews & Co. Inc. 383 Mackson Avenue New York, New York '0179 6 /TN Repurchase and Reverse Repurchase Transactions with Bear, Steams& Co. inc. outstanding as of date of statement Pm:WV mosectust MCC PLIONASI MNa ItatuCO REPO COMM START OATS OAR RATE PRINCVAL ratRILIT• eTha MOUND CUSP OISCOPEOE Ma. Suomi Sens Cam. Os ItalIbIth COS, Mg" Mir 112014069 FINANCIAL TRUST CO INC sTATTuroT •TRICO is 30.2005 THROJGH Alp St 31.2005 MN> ea vuweER TAxPAyee ma3eR µST STATtwENT .Lty 29. 2025 YOU MOVISED FEDERAL NATIONAL MTG ASSOC (MARGIN) or29.05 OPEN 0.000 -S0.000.000 31392/4342 SERIES 2003-13 CLASS 4.3587 03025/33 YOU SOLD FANNE WE STRIPS (REPO) 08/01/05 09101/05 3.730 -5.923.000 -19024 40000.070 3136FOOC9 SERIFS 352 CLASS PO 07/01134 vou 8010 FANNIE MAE STRIP (REPO) 013101/05 09.01/06 3.730 -1.850.030 5.942 -10.0130.000 3136WW6 SERIES 353 CLASS 10 5.000007/01134 YOU SOLD FEDERAL HOSE LOAN SIRP (REPO) 08.0186 09/01/05 3.730 -500.000 -1.605 4500000 3128270716 SERIES 227 CLASS 0 5.000012/01134 YOU SOLD FANNIEMAE STRIP (REPO) 08112/05 09212105 3.770 •13.401.000 -28.067 -10.003.000 3136FAVIE6 SERIES 329 CLASS PO 12611/32 YOU SOLD FANNIESIAE STRIP (REPO) 06/1205 09/12/05 3.770 -14.274.000 -29.896 -30.000.000 31344C803 SERIES 346 CLASS PO 110103 YOU SOLD FEDERAL NOME LOAN STRIP (REPO) 0821205 09/1205 3.770 -3.938.000 4247 .20000.600 312827006 SERIES 227 CLASS 10 5.0000 1210104 YOU SOLD FREDDIEMAC STRIP (REPO) 08(12/05 0902105 3.770 4.124.000 4.543 -20.000.000 3128211:01 SERIES 228 CLASS ID 6.0000 02/01/35 YOU SOLD FECERAL NATIONAL M10 ASSOC (REPO) 08/15/06 00/14/05 3.780 -458400 417 44000000 31793C538 SERIES 2003.52 CUSS 3.4587 07/25/17 you SOW FEDERAL NATICOUL MTG ASSOC (REPO) 08/1505 WM= 3.780 -384.000 -685 41.000000 31393C538 SERIES 2003-62 CUSS 3.4587 07/25/17 YOU SOLD FANNE MAE STRIPS (REPO) 0821605 051/19,05 3.610 -13.269.000 -19.689 43.030030 3136FCKC9 MKS 352 CLASS PO 07(01/34 047 09090313/9 AM EFTA01260333 rn 8 IJ IJ IJ 0 -n C in r 6ZOTS£00- 019- ANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT sear. Steams & Co. Inc. 383 Madison Avenue Novo York. New Yort 10179 =M . 7 OM Repurchase and Reverse Repurchase Transactions (continued) with Bear,Steams& Co.inc. outstanding as of date of statement (continued) kelOnSu ItOnnenum Poop SIMI DATE DAR OAR POROUS( WE/ PROVO CEO RIPO OLIMIRW IFNI MOW) CUSP DeS00•1101 YOU SOLD GOVERNMENT NATIONAL MTG ASSOC (REPO) 08fl8/06 OW1905 3.810 4,216.030 ABM -27.112.87E 18374F8T8 SERIES 200E-30 CLASS 3.5906 022002 YOU PROVIDOD GOVERNMENT NATIONAL 1410 ASSOC NORM 08/26105 OPEN 0.000 .26,400,000 38374F087 SEWS 2004-5 CUSS P 3.3,06 02M0/33 YOU 80W FEDERAL HOLM LOAN MTG CORP (REPO) 08/29/05 OPEN 0.010 -9.724.538 31395127,8 SERFS 2886 CLASS SC 3.7287 07M5/19 YOU SOW USTR 4.2500 08/15/15 (REPO) 08/31/05 09.01/05 3.200 -20,225.000 -1.797 -20.003.000 9127328EE6 YOU 90uoirt USTR 4.000008731/07 (REVERSE) 08/3105 0901105 3.320 68.255.000 6.294 68,000.000 912828(13 TOTAL REVERSE REPURCHASE TRANSACTIONS SOUSSA00 0.294 TOTAL REPURCHASE TRANSACTIONS 5-12.4.113 N. M falMift =APO, TWTOROT ITS wITOur OWNED Sue/WARY tear. Sxans Sambas Ce. TOR Uttrown Cow hot BrorlOn. NNE Tort 112014/50 FINANCIAL TRUST CO INC STAR/RENT PEROD fly 30. 7005 INRCT3314 AtOoS1 31. 2005 gm Neer:W.7 Wan. TAWAYEA w-MIOR LAST STATEWCIIT Alb 29.2005 Transaction Detail INVESTMENT ACTIVITY sentwort RIADE DAll DATE TRANSACTOR DESCRP11011 08/01/05 07/29/05 BOUGHT STMODLCLOP 912928099 10.000.000 98.78125 9.878.125.00 ACCR. TNT. 87.432.07 WARM Ofta. our ATICURI CREDIT MOM UNTIED STATES TREASURY NOTE DUE 08/15/2015 04.125% 1.9/ 15 0988016192099 YIELD 4.278 %TO MATURITY OVER REF • 02105081 Al OY/ 0801.05.13:8 001 EFTA01260334 rn 8 b.) INJ INJ Is) BUR STEARNS OFFICE SERVICING VCR Anti iNT Beet Stearns & Co. Inc. 383 Madison Arena Haw YrAt PZ.vi WO '0179 8 e ), Transaction Detail (continued) INVESTMENT ACTIVITY (ccainuoS SMIPAUrt WEIC DAR DAR IRNISACDCM 08/01/05 07/28)05 SOW 0 08,01,05 01/2805 SOW -n oenuos m)0s.% BOUGHT C rn 080 105 07/15/05 CAMEL SELL r 00/11/05 0801/05 07/07/06 07/29106 CANCEL SELL CANCEL SELL OEOTS£00- 019- ANGS DISCRPIlLel UNITED STATES TREASURY NOTE DUE 070 1 192099 1/2007 03.815%11 31 098806 YEW 3 978 % TO MATURITY GVER REe 102093006 61 LISTED STATES TREASURY NOTE DUE 07/3112007 03.875% 1/ 31 0988016192099 YEW 3,978 %TD MAMMY OVER REF 142093006 Al FRIAA..pj ..NPANGTD DU E 08/04 08.01/20311 05.500% 0987016110099 REF • 2005080357100300 BS FNIAA-30YROUW/GTD SETT.03/04 DUE 08/01/2014 05.500% 0987016110099 REF A 2005071557180000 BS AS OF 0705/05 TO CXL PREYOUS SELL ITOAA-30TROIIMA)GTO SETT.08/04 CUE CO/01/2034 05.500% 0987022118099 REF • 2035070757310007 BS AS Of 07107/05 TO CAL PREVEUS SELL FASAA.301110NIAOGID SETT.08/04 DUE 0801)2034 05.500% 0987000510099 REF 12005072957090000 8S AS Of 07/29/05 TO CO. PREVIOUS SELL CLEARED MAGOON ITS • CraTID SuSWARY Ser. Swan's Socuibts Cap. Ole 3.levccocn Crow Math iI01.313510 FINANCIAL TRUST CO INC sTATvIena KR= API 30. 2005 THROUGH 240.61 31. 20:6 gm ItOCI PC WISER TAXPAYER slant STIMOUCUSP CAW IN Pit LAST STARIuM Call AVOW Juk 29.20[6 CIII# NAOMI 912828(82 .23.000.000 99.80480 22.955.078.13 ACC*. NT. 2.421.87 912828(82 -50.000,000 99.80469 4%902.343.75 ACCR, M. 6.264.95 54811877 1.000.000 100.48313 1.00..631.25 SA80977 30,030.000 103.82031 30.246.093.75 SA80977 30.003.000 100.96875 30.290.625J:0 5A80977 40.000.000 100.50181 40.203.125.00 027 01.01/05413:28 a01 YIPS EFTA01260335 rn 8 IJ IA2 IA2 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sew. Stearns & Co. Inc. 383 Madsen Mem:0 New York. New Yak 10179 MIIMBMNSIBM 9 e n Transaction Detail (continued) INVESTMENT ACTIVITY (:0103414) StIll/I070 EWE DATE DATE TRAMEACTION 08/11)05 07/11/06 BOUGHT 0 0 0&1 1/05 07/0605 CANCEL SELL -n C rn WINOS 07/06/05 CANCEL SELL WHAM 06/0105 BOUGHT r 08/11/06 0810105 CANCEL BUY 013/11/05 07/15,06 SOLD TEOTS£00- 019- ANGS OUCRIHRON F7044-3000FNMA= SETT.08/04 CUE 08/01/2034 05.500% 0987000510099 REF • 2005071157110000 EHIAL-30YRIFNIANGTO SETT.08/04 DUE 00/01/203A 05.500% O967000510099 REF 12005070857250000 AS Of 07/0605 TO Cal PREVIOUS Stu. FNI/A.3006R0AUGID SETT.08/04 DUE 08.01/203.4 06.500% 0967000510399 REF *20050704357250100 AS OF 07/06/D5 TO Ca PREVIOUS SELL Fram-30YRONIAUGTO SETT.08/04 CUE 084)112034 06.500% 0987797115099 REF *2005080357160000 roa44-30114(FNIANGTO SETT.08.04 DUE 0801/2034 05.500% 0967016110099 REF * 2006080357160030 AS OF 06/03/06 TO CXL PREVIOUS 80Y F7491.4.304RIENSANGTO SETT.084.34 CUE 06/01/2034 05,600% 0987016110099 REF • 20050 71557160000 BS CLL010 TAROLGe MaGY 0m,40 EANISIDANe Int lien Setutia Cap. Ore Wearer Crier MaR Reactr. NM of 23 3659 FINANCIAL TRUST CO INC seAroArre MARGO PA! 30.2005 "'TROUGH AirgPit 31.2005 ACCOUNT MARRA SYMOOLAWSP OUrEater PRICE 'REPAVE/2 µ.ltd E74, LAST STATEMENT 1429. CCM PAWN! 2026 Mart masa BS 5A80977 5480977 50.000.000 50.000.000 100.88281 100.96094 50.441.406.25 50.480.468.75 95 5.480977 50.0110.000 100.16094 50.490.470.00 BS 5480977 99400.000 100.43750 99.433.125.03 BS 5A60977 .1.030.030 100.45313 1.004.531.25 BS SA80977 -30.030.000 100.02031 30.249093.75 027 04401/06.1328 001 4949 EFTA01260336 CLEA DROWN ITS ?MOLLY 00020 Sul!MODS 0 -n C rn r ZEOTS£00- 019- ANGS 8 b.) IJ 17.2 BEAR STEARNS OFFICE SERVICING ICOR ACCOUNT Bew. Steams 6 Co. Inc. 383 Manson Mecca° 10179 10 NM Transaction Detail (continued) INVESTMENT ACTIVITY (conlinua) SUNNIS DATE WAX OAR TRANSACTION CtSCRIPION SVIAIOUCUSIP DUMMY MICE DEW AASOD atm wow oentios 07407)05 SOW FNLIAJOTRIFFALNGID 5.180977 40.000.000 100.96875 30.290.825 .00 SETE.C43/04 WE 08/01/2034 05.500% 0987022118099 REF • 2005070757310000 BS Denims 07/29/06 SOLD FlAtAX . IMIFNIAIXTD SA80977 40.003.030 100.50781 40.203.125.00 SETT08104 DUE DB/01)2034 06.500% 0987000510099 REF 0 2005072957090000 OS 08)11/06 ottivos CANCEL BUY Fm.U.30YRIMANGID SA90977 .50.000000 100.88281 50.441.406.25 SETT.08,04 DUE 08/0112034 05.500% 0987000510099 REF • 2005071157110000 es AS OF 07/11106 TO CO. PREVIOUS BUY 08/1105 07/08/05 SOW INIAAJOIRTNIANGID SA50977 -50.000.000 100.94096 50.480.466.75 SET1.08/04 DUE 060112434 05.500% 0987000 0099 REF • 2005070857250000 BS AS OF 07/08/05 08/11/05 07/08/05 SOW ROAA-30YRoNMAIGTO 5.180977 .50.000.000 100.96094 50.480.470 .00 DU E .08/04 0101/2034 05.500% 0987000510099 REF • 2005070857250300 EIS 0811 105 08/03/05 CANCEL BIN FAINe30YRIFIAINGTO 5.150977 -99.000.000 100.43750 95.433.125 .00 SE17.08/04 WE 08/01/2034 05.500% 0987797115099 REF 0 2005080357180000 BS AS OF 08/03/05 TO 0. PREVIOUS WY lks stows StOSIOS Se women ores Nall 1120148S) FINANCIAL TRUST CO INC STATE'S'? PERIOD July 30.2005 7SOLS4 &gust 31. 2005 A7C0c7i? suite. TAAAvtA DIMS. On Fie LAST TATES'? My 29.2005 047 060I.C6:1320 ODl VMS EFTA01260337 0 -n rn r EEOTS£00- lA19- ÅNGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. rc. 383 Ma - d Ø Ø Avenue New Y Y 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 517110.41741 MOE DM DAM TIOACIACOC81 DESCRIPTON SVIMUOLISIP %WM 08/11ID5 06'03/05 BOUGHT ROM 30YR GM SA83016 10.000.000 SETT. 0806 DUE 08/0172035 05.~ 0987018110089 REF • 2005080357990300 BS 08.411.05 07/21/05 CANCEL SW. FNMA 30YR GTD 5/83018 10.000.000 SETT. 08/05 DUE 08/0112035 05000% 0987000510099 REF N 2005072157190000 BS AS OF 0721/05 TO CXL PREVIOUS SELL 08711/05 08103/0$ CANCEL BUY EMA 30YR GTD SA83016 40020.000 SETT. 08.05 WE C8/01/2035 05.000% 0987016110099 REF * 2075030357990000 BS AS OE 08.03/05 TO cxi PREVIOUS WY 08/1105 07/21/05 SOLD FNMA 30YR GM 5/83016 .10.000.000 SETE. 00/05 DUE 08/01/2035 00070% 0987000510099 REF # 2005072157190700 BS 08/11/06 08710105 BOUGHT UNITED STATES TREASURY NOTE 0126280V9 5.030000 DUE O571Ø504.125% MN 15 0988016192099 AMR. MT. MELD 4.370 %TO MMURRY GVER REF N 62222986 Al 08112/05 08/11/06 BMW UNTIED STATES TREASURY NOTE 9128280119 30.000.0110 ORE 05115/2015 04.125% MN 15 0988030592099 WELD 4.346 % TO MATURITY AGGR.1117, GVER REF • G2234235 Al 08/11105 08711/05 SOLD UNITED STATES TREASURY NOTE 912829079 .30.000400 DUE 05n5/2015 04.125% IAN 15 0988280293099 yap 4 334 %TO MATURITY GVER REi • 62234830 Al Csfailo nolOvCal r113 os.Csof oØ Sul924Courf 8es Ours Stones Cop. Cl. ~nosh Croy Ilath 201.3859 IAL TRUST CO INC faTeMen Nita, Jun 30. 2705 THSOr.oi µgust 11.2005 m:CaPir him1588 TAxPAYER kleaert en nip LAST summer ry 29.7003 1.8,1 Dan MOUNT OUZO .~.41 98.34766 9.834.765.63 98.59375 9,859,375.00 98.34788 9.834.785.63 98.59375 0859.375.00 98.06750 4,903,125.00 49.320.85 98.25003 29.475.000.00 399.288.88 98.34375 29.503.125,00 ACCR, INT. 299,288.88 027 OVOLVeol3:28 COI VMa EFTA01260338 CI£IMD THROW... NS VAICU.Y WNW SuSTIWAY rn 8 b.) IJ IJ -n in z r PEOTSEOCINDANCIS BEAR STEARNS OFFICE SERVICING YOUR Artnnmy Bev. Steams 8 Co. Inc. 383 Madison Avenue 179 12 am Transaction Detail (continued) INVESTMENT ACTIVITY (continuo:0 Swuw DAN TRW DATE TRANSACTION OESOMPICII SYWOUCTISIP WARM PRIX DUO WONT CREW W05911 08/12/05 08/11/05 BOUGHT UNITED STATES TREASURI NOTE 912828E82 15.000.000 99.58250 14.934.375.00 DUE 07/31/2007 03.875%N 31 ACCA, M. 103.953.80 SPECIAL NSTRUCTONS INTU YIELD 4.103 % 10MATURITY OVER REF a 62233844 Al YMEB 08/15/05 06/12/05 BOUGHT (WED STATES TRFAm wry FETE 912828E82 10.000.000 99.70313 9,970,312.50 DUE 0731/2007 03.875% U 31 ACCR, NT. 15.794.84 0988726998099 YIELD 4.033 %TO MAMMY GVER REF 4 62245018 Al 00/15.05 08/12105 SOLD UNITED STATES TREASURY NOTE 912828E82 .20000.000 9945500 19431.000.00 DUE 07/31/2007 03.875% n 31 ACM. NIL 31489.67 0988778197972 MELD 4,059 % TO MATURITY GVER REF 162245035 A3 AS OF 0802/05 08/16/05 001 5.06 SOW UNITED STATES TREASUR( NOTE 9128280V9 -5000600 98.72266 4.938.132.81 DUE 05/15/2015 04.125% 114 15 ACCR. M. 52.122.96 0988726998099 YIELD 4.286 %TO MATURITY OVER REF 0 62273023 Al 080605 DP3/15/05 BOUGHT UNITED STATES TREASURY NOTE 912929EE6 5.030003 09.90825 4.995.312.50 CUE 01115/2015 04.250% FA 15 ACCR. 577.45 0989726998099 YELO 4 262 %TO MATURITY mERW*ummem 06/16/05 06115005 SOD UNITED STATES TREASURY NOTE 91289SEES 40.000030 99.68750 9.988.750.00 DUE 82905/229 OW1 01 098 3095904,250% FA 15 AECR. NT. 1.154.89 YIELD 4,289 % TO MATURITY OVER REF • 62273919 Al 08/17)05 08/16/05 BOUCOT UNITED STATES TREASURY NOTE 912828£E6 10.000.000 10:05000 10.025400.00 CIE 08/152015 04.250% FA IS ACCR. M. 2.309.78 0968280243099 YEW 4,219 % TO MATURITY GVER REF/. 62285068 Al Sive. Stuns UCLA*, cap. DR INtutoch Wow IWO 11201.3959 FINANCIAL TRUST CO INC STATWERT AfPn30 Mg 3D. 2005 THROJOH Wpm 31. 2005 WOWS/ ROMER TA PAYER MASER LAST ;TAMPON Jut/ 29. 2005 CV 09.01.09.13:29 001 YNS EFTA01260339 0 -n C rn r SEOTSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Medtson Avenue New York. New York 10179 13 teas CLEARED rmacra. ITS MOLLY OWNED ILIEDDDRY teas.Rearns Sparest Cap. CrielAettaecn Carte PLED SPAP.N.E. 'art 11201.3859 FINANCIAL TRUST CO INC STATOAle PERIOD July 30.7005 THROVG. AugaU 31. 2005 Transaction Detail (continued) INVESTMENT ACTIVITY Honbnuee0 St umm num CUTE muesterew EXECS XT/ DNITTOIVS• aummy MCCF ACCOLAT wage TAXPAYER Dwarf, LAST suit:won otm ATAOUNT nl It guy 29. 2005 CLEW Want MIMS 06,16.05 SOLD UNITED STATES TREASURY ADTE CUE 07/31/2007 03.875% il 31 912828(82 -10,000.000 99.73438 9.973.437.50 0986003592099 ACM M. 17.90042 YEW 4.017 % TO MATURITY OVER REF • 02284269 Al WINDS 09/17105 BOUGHT UNITED STATES TREASURY NOTE 912828M6 25.000800 99.83984 24,959,980.04 DUE 08/15/2015 04.250% FA 15 0988016192099 ACCR. M. 9461.613 YIELD 4.270 %TO MATURITY OVER REF • 62294676 Al 08/18/05 08/17105 SOLD METED STATES TREASURY NOTE DUE 084i 542015 04.250% FA IS 9128281E6 .25.000.00D 100.07813 25.019.531 .25 0988280293099 ACCR. NT. 8.661.68 YEW 4.24022 TO TiATuRnY GAR REF • 02292609 Al 0811905 08/18/05 BOUGHT UNTIED STATES TREASURY NOTE 9128285E6 10.000400 100.26563 10.026 562.50 DUE 06/15/2075 04.250% FA 15 0988016192099 ACM. M. 4.619.57 YIELD 4.217 %TO MATURITY GVER REF N 62303843 Al 06/19/05 08(18/05 SOLD TATTED STATES TREASURY NOTE Ca 09/1512015 04.250% FA IS 912828EI5 .10.080.000 100.12500 10.012.500.00 0988000592099 Ma M. 4419.57 Ilan 4.234 is TO MATURITY GVER REF • 62303360 Al 06/2205 08/19415 BOUGHT UNITED STATES TREASURY NOTE 912628616 10.000.000 100.31250 10.031.250.00 DUE 08/15201504.250% FA 15 SPECIAL INSTRUCTIONS ACCR. INT. 8.064.24 YEW 4,211 %TO matirerry . GVER NU • G2313898 Al WWEB 08/72/05 08/19.05 BOUGHT METED STATES TREASURY ROTE 972828118 25.000,000 T 100.34375 25,065,937,50 PA 08415/2015 04.250% FA IS SPECIAL NSTRucnONS Pan Mt 20.21040 YIELD 4.207 % TO lawn OVER REF • 02348702 81 Asa 00/19405 0•01.00:1320 001 3105 EFTA01260340 CLEARED TROUGH ITS witty O.O2D SASSMART C) 0 TZ 1 1 m r 9EOTS£00- 019- ANGS 8 IJ DO IJ BEAR STEARNS OFFICE SERVICING TOM ACCOUNT Sep. Steams b Co. Inc. 383 Madsen Avenue 10179 14 vs Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SE1TIMAEST IW( DATE CA% 111.0640130i CESCRP11M 06/22,05 08/19M5 SOLD SYMMUCUSe Sas. Mans SMARM Co. Marttech Caw Wall Xey Tort 112014559 CO INC STATIONS! TIP= My 30. 2005 MOM. Augur 31.2005 ACCOLM PAPAW TAXPAYER MOP LAST RAMAN? APT 29. 2005 GUMMY Keel ow mow CRECHT AY $T UNITEDSTATES TREASURY NOTE 912820E6 -25.0:0.000 100,26583 25066.406.25 DUE 08115!2015 04.250% FA 15 ACCR. M. 20.210.60 0988728998099 YEW IL TO MATURITY OVER REF 4.217 0 62313522 Al UNTIED STATES TREASURE NOTE 912829E22 10.000.000 99.75000 9.975.000.03 DUE 07/31/2007 03.875% U 31 ACCR. M. 23.165.76 0988016192099 YEW 4,009 %TOT/TATUM!? GVER REF 0 62313866 Al 0822/05 0611605 BOUGHT 08/22405 PRINCPAL GOVERNMENT 'anew MG ASSN 38374GEO5 .168.188 SERIES 2004-035 CUSS SP 3.770 DUE 12/20/29 PRINCIPAL REDUCER 06-20-05 06/22/05 PRINCIPAL GENERTPIENT NATIONAL MEG ASSOC 36374605 -150917 SERIES 2004.041 CLASS SE DUE 0920130 PRINCIPAL REDUCER 004005 0/2405 08/23/05 BOUGHT UNITED STATES TRUST*/ NOTE 91282806 10.000.000 100.57813 10.057.812.50 DA 096926029M/15/2015 04.230% FA 15 ACC& NT 10.304.02 3099 YEW 4178% TO MATURITY GEER EM XX 62354365 Al UNTIED STATES TREASURE NOTE 91282806 -10.000.000 100.40625 10.040.625 .00 DUE 08/1512015 04.250% EA 15 10.394.02 0988016192099 NEW 4,200% TO MATURITE OVER REF • G2352709 Al 08/24/05 062305 SOW 08/25/05 PRINCPAL MEM NATIONAL MFG ASSN 3136EAWDS 128.288.70 SERE 329 CUSS PO DUE 01/01/33 STRP PROT RFD 07-05 P/0 0%2545 REPO P 4I 0.0000 on OIMMOPSE 991 YEN EFTA01260341 0 0 m C in r LEOTSEOCIN9- ANGS BEAR STBIRNS OF FCE SERVICING YOUR ACCOUNT Bear. Stearns 4S Co. Inc. 383 Madam Avenue 10179 15 <I 33 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 0.2AnD 12130JON me. CrA,210 SUISSCARY Be. kens SeCuitis Cap. Ow *Mato, Cerny Noah Damn New of 20 MSS FINANCIAL TRUST CO INC STA,111tIO nmoo Lk 30.2005 tnROUGm A0020 31.2005 ACCOurrr P.1202elt TAXPAYER /Omni On Fie LAST STATFUEuT 100 29.2005 SEIRDRIa OAK WO( DAN tRIASACTON OLSCRP11311 WilimunAr Ourrinrr Nem Dm Amman mac AWOLM 08/25/05 PRWCIPAL FEDERAL NATIONAL MEG ASSN SERIES 329 CLASS PO 3138FAWFA 364.866.10 DUE 01/01133 STRIP PRIN RID 07-05 OD 0845405 REPO P al 0.0000 08/25/0$ PRINCPAL FEDERAL NATIONAL PM ASSN 31393C203 -325.337 SERIES 2003-49 CLASS SW 3.358 DUE 01125/33 PRICIPAL REDUCTN 08-25-05 08/25/05 PRNCPAL FEDERAL NATIONAL MEG ASSN SERIES 346 CLASS 1 3136FC8C9 188.29920 DUE 11/01/33 PRIN RID 07-05 IND 0345-05 REPO P a I 0.0000 08/25/05 PRINCPAL FEDERAL NATIONAL MEG ASSN SERIES 346 CLASS 1 3136FCF102 — 335598.40 Cut 11/01/33 PRP WO 07-05 RID 08-25-05 REPO P & I 0.000D 08/21105 PRINCIPAL FEDERAL NATIONAL MTG ASSN SERFS 352 CLASS 1 3138209:9 241,10300 0.001 DUE 07101/34 PRIN RID 07-05 PA) 06-25-05 REPO P I 0.0000 08/25/05 PRINCIPAL FEDERAL NATIONAL MEG ASSN SERIES 352 CLASS 1 3136ECKCS 554.531.38 0.001 DUE 07/01/34 PRIN WO 0705 PA) 0845-05 REPO P &I 0.0000 08/25.06 PEANCPAL ALTERNATIVE LOAN TRUST 12687F086 -985.881 SERES 2004-30CB CLASS 1-A-8 1.640 DUE 02/25/15 pRWCPAL RECUCTIT 08-25-05 ce7 cequaan391 OP vets EFTA01260342 -n C in r SEOTS£00- 019- ANGS I8 IJ O IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Madison Avenue 10179 16 c' 1: Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETELEVENT /RAM DATE DATE MARSICTini DESC930110N SIA8OLCUS. 61/28/05 08)25103 BOUGHT UNITED STATES TREASURY NOTE 91282682 19000000 99.77144 17.959.218 .75 DUE 07/31/2007 03.875%N 11 AC01.111. 49279.89 0988035598099 YIAELD REF•• 3.99762373905 8 %TO MATUR 1 ITY GR CLEARED THROWN ITS wmare OAS $USSIDARY 8w. non karat CO. Ore lexamth C— Nan S itor of 20 3868 FINANCIAL TRUST CO INC sinuENT Pen= July 30.2005 ouoson mut% 31.2005 ACCOLW NLIPIER TAXPANTR ,ItNIKPOILM IAST STATEMENT /09 29.2005 euranny PRICE DOW AMOUR CREDO AMODIO 0626/05 08/25/06 BOUGHT UNITED STATES TREASURY NOTE 912928992 50600.000 99.77144 49.286.718.75 DUE 07/316007 03.875% 11 31 ACOR. MT. 138.926.59 0988035598099 YIELD .997 %TO MATURITY OVER RE3F 0 62373905 AT UNITED STATES TREASURY NON 912828996 5400.003 190.7954119 6.039.843.76 ACM. M. 8.084.24 08/29.05 08/28/05 BOUGHT DUE 08n5/2015 04.250% FA 15 0988016192099 YELD OVER itEit 4,151 G2 11182 TO MATURR AlY 619 UNMEDSTATES TREASURY NOTE 91282866 -5.000000 100.85625 0032.812.50 DUE 00/1542015 04,250% FA 15 ACM M. 8.084.24 SPECIAL INSTRUCTIONS YEW 4.169 %TO MATIARITY GVER REF • 62412240 Al VMS AS OF 61/26/05 082906 0866/05 SOW 00/30106 JOURNAL FREDDIE INC CI SERBS 2888 369512148 SG/0 FUR 1.728 DUE 07/15/19 08/3165 08/30/05 BOUGHT UNITED STATES TREASURY NOTE 91282866 5630,000 190.87188 5.031593.75 OuE08/15/2015 04.250% FA 16 ACCR, M. 9.219.13 0988035598099 TEED 4.167 %El:11461Rn OVER REF • G2422297 Al UNITED STATES TREASURY NOTE 91282863 15,000.020 99.97666 14.995.464 .38 DUE 0861/2007 04.000% FA 28 0989027496099 VELD 4 12 % TO MARAY OVER REF .0 • G2423132 TU AT 0861/05 0840.05 BOUGHT 027 010VOLlk21 COI YMt EFTA01260343 m I8 b.) V.) 1.4 C) 0 E F C rn r 6EOTS£00-019-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns & Co Inc. 383 MeOrton Avenue ork 10179 17 025 Transaction Detail (continued) INVESTMENT ACTIVITY Rentinueel SEMEIEEKE EWA Mn KT TIMAILACIION 01.50491103 SWb1.OUS• OUPMEN Keel Soan413+7 PEFOCO AI/ 30.2005 Damao./ Haw 31.2005 WM AcrOUNT WIWI 73.035E14 WISER LAST ST3725INT Arry 29.2005 Mar 'WONT Caton AV05111 08/31/05 08/31/05 0Y3105 08/30/05 08/2505 08/25.05 SOLD SOLO SOLD UNITED STATES TREASURY NOTE DUE 09/31/2007 04030% FA 28 0988728998099 YIELD 4.004 % TO MATURITY GVER REF # G2423914 Al LAVED STATES TREASURY NOTE DUE 08/31R007 04.000% FA 28 0988035590089 YIELD 4.030 %TO MATURITY OVER REF • 02373906 81 UNITED STATES TREASURE NOTE DUE 0801/2007 04.000% FA 28 0988035598099 yELE. 4.000% TO MATURITY OVER REF 0 G2373906 Al 912821613 912828EF3 912828EF3 -15.000000 -18.000.000 -50.000.000 99.99219 100.00000 100.00000 14.998.828.13 18.000.083.00 500:0.000.00 TOTAL 5.640.259.921.44 5679.333.95125 INTEREST CLLAno mit0L533 ITS Aware o.we Suntan Bur -M kerb,. Cap. Ow Mtecuxh Gate WM Moe 11201.3359 FINANCIAL TRUST CO INC DATE DESCRIPTION 08/01/05 AVG EN. 457.1100 2.481 021 OFFICE INTEREST 0705 01/15.05 MCC NOME LOAN MTG C00)9510109 SERIES 227 CLASS ID DUE 12/01/2034 5.000 RR R/D 07-05 PO 08-15-05 REPO P & I 5.0000 sseeueu5I0 RUMMY HUI IV 31282713N6 Ong MADDER Oleo asiOuriT 998.08 5.0000 1.967.88 08/15.05 FEDL 1100E LOAN MTG COPP/PS10109 SERIES 227 CUSS OD CUE 12010034 5.000 INT R007-05 PO 08-1545 REPO P 6I 5.0000 3128210%6 5.0000 37.389.40 027 0032105,1321 $01 VIM EFTA01260344 CLEARED DRIOLKIR ITS renew' ORME, SUISSERARY rn 8 IJ IJ IJ -n C in r OPOTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 WaclIsc0 Mtnue Nr.• York, New Yak 10179 18 C35 Transaction Detail (continued) INTEREST ICOntink/00) Bar. Steam 5yeaRiat co_ Coo lAttrarcer Cetter Math liroorlErt Re. Yort 112014859 lililililililli FINANCIAL TRUST CO INC STAIU.0 nsbCo 11/E 30. 2005 THROtrot Augutt 31.2005 ACCOUra WARR, TAXPAYER RJIMER On Fie LAST SYR11110C July 29.2005 act DESCRPT7000 NE4PDOCIA• 0.10MITY RATE IV OM mew C1107 WPM 06/15435 RIX HOME LOAN MTG CONPIS10108 50030 76.714.53 3128210N6 SERIES 227 CLASS WE 12/01/2014 5.000 NT ND 07-05 ND 06-1505 REPO P 41 5.0000 08/15.05 FRECCE MAC CAOMERIES 2886 3139512/43 3.9110 11.317.04 SC-L0 FLTR DUE 07/15/2019 3.911 NT R/D 07-05 RD 08-15-05 REPO P & I 3.9118 08/15/05 FREDDE MAC 040/SERIES 2886 31395/2/8 3.9110 18.196.21 SC-L0 FUR DUE 07/15/2019 3.911 INT IUD 07-05 PO 08-15-05 REPO P I 3.9118 can sios Mt HOME LOAN MEG CORPOS10110 3128210P1 60001 µ • . • - 87,142.06 SERIES 228 CLASS C WE 024)1/2015 6.000 NT RA) 07.05 P/D 061545 REPO P 6I COMO 08/2205 GOVERNMENT NATIONAL MTG ASSN 313374ft/87 3.5200 51.626.67 MRS 20045 CLASS PS DUE 02/20/2033 3.520 NT RD 07-05 P008-2095 REPO P L I 3.5200 08/2205 GOvERNMENT NA1101611 FOG ASSN 38374FD87 3.5200 77,440.00 SERE 2004-5 CUSS PS DUE 02/20/2033 3.520 NT RID 07.05 ND 062045 REPO Pt I 3.5200 06/22/05 GOVERN/OD NATIONN WIG ASSN 38374F6T6 3.7700 75,576.80 SERIES 2004.30 CUSS SU WE 021202032 3.770 IM RD 07-05 P008-2005 REPO P 8I 3.7700 027 00221/061121 COI 4496 EFTA01260345 0 m cim H r TVOTSEOCINDANGS I8 b.) La b.) BEAR STEARNS UTICE SERVICING YOUR ACCOUNT Bear. Steams I. Co. Inc. 383 Madson Menue New Yak. New TA 10174 Transaction Detail (continued) INTEREST (contawed) GLEAM TiTICNON RS TROLLY ONNID SUMMARY Pte.. Slaws 340.illes app Ore Vetelati CASs Not 119010p. Nem Vot 11201.3560 RIM) INC STATEMENT fl ay 30.2005 notowlm August 31. 2005 ACCOUNT MU MA TAOMRTA KAISER On Fie usi. summon Ay 29.2005 OAR ocsaitinm ini4OUGUSP Maxim RATE MI Can AWN{ GNAW AICUIT 0822975 GONTERNPIENT NA1)2NOL Arta ASSN SERIES 2004-035 CLASS SP 383746105 3.7700 48978.44 DUE 12/012029 3.770 INTEREST PAYMENT 08-20-05 08/22/06 GOVERNMENT NATIONAL MG ASSOC SERIES 2004-041 CUSS SE 383740755 48.048,44 DUE 05/20T2030 0.000 INTEREST PAYMENT 002005 08/25/05 FANNIE WE 0.10/SLRIES 2003.13 S RCR-L0 FUR 31392.052 4.3580 91,514.41 DUE 03/25/2033 4.358 NT IUD 0745 Pits 0025.05 REPO P 8I 4.5400 08/25.05 FEDERAL NATIONAL LNG ASSN SERIES 2003.49 CUSS SW 31393C205 3.3580 µ 35.952.40 DUE 01/2612033 3.358 INTEREST PAW/ENT 08-25-05 082505 FAME MAE PAO/SERIES 2003.62 KS4/0 R 313930538 3.4580 22.557.38 DUE 07/2 FU5/2017 3.458 INT WET 07-05 P/D 08-25-05 REPO Pa I 3.6400 OW25/05 FAATIE ?AM woracs 303342 ISITO FUR 313930538 3.4580 28.709,39 DUE 07250017 3.458 INT R/D 07-05 RD 08-25-05 REPO P 8I 3.6400 08/25.05 FEDERAL NATIONAL IATG ASSN SERFS 353 CUSS 2 3136FCLD8 6.0000 37.848.21 DUE 07/01/2034 5.000 PET WO 07-05 P/D013-25.05 REPOPSI S.0300 OTT 08,51/05:1321 001 Ille EFTA01260346 -n C in r ZVOTSEOCIN9- ANGS I8 IJ BEAR STEARNS MACE SERVICING YOUR ACCOUNT Elem. Steams & Co. Inc. 383 Madson Aven07 Now York. Now Yak 10179 20 a 35 Transaction Detail (continued) INTEREST (mottmed) DATE CESCROOLN 08.25.05 ALlERNATIVE LOAN MUST SERIES 2004.3008 CUSS 1.A-8 DUE 02/25/2036 1.640 MEREST PAYMENT 0825-05 TOTAL CLEARED TESPAR n voliXIX WAD SUOSIOLARE Des Sewn. Seattle CO. One 1.1•Atach Cm* WA OroRAR New Yen 112014110 FINANCIAL TRUST CO INC s'AisweNT PElb00 My 30.2005 ThRoc... August 31.2005 Are, NT ALARM 'AREN'T.* Walt On fie ugT STATEMENT Ali 29.2005 COWIN RITE nl UST MONO CRUD MOOLAT 12667'066 1.6400 49.677.40 5796.752.76 REPURCHASE ANO REVERSE REPURCHASE TRANSACTIONS with Bear,Stea ms& Co. Inc. SETEIDWINT TRADE DATE DATE TRANSACTIOTT DESOIRDON SDAIDUCL6P 01111111TY DEBIT SCS4T DttE0 A1A:ULT 06/01(05 JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 352 CUSS 1 0001 Dig 07/01/34 RIM 33186 Al REPO AGREEMENT 3136Fata -8.299.585 5.923.000.00 06J01/05 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 352 CLASS 1 0,001 DUE 07 1/34 MEM F18133/0 72 82 TERM REPO AGREEMENT 3136KEC9 8.299.585 6.37300.00 08/01/05 JOURNAL FEDERAL NATIONAL WO ASSN SERIES 353 CLASS 2 5.000 DUE 07/01/34 MIA F1813372 AZ TERM REPO AGREEMENT 3136FCID6 9.035.569 1.737.000 .00 06/01/05 JOURNAL FEDERAL NATIONAL MIS ASSN 3136FC105 4.035.589 1450=0 SOLES 353 CUSS 2 5.000 DUE ovous. FIN F2133188 Si REPO AGREEMENT 08/01.05 JOURNAL FEM. NOME LOAN MTG MOPE/510109 31262YDNIS 8.973.456 SERIES 227 CUSS IC, 5.000 DUE 12/71/34 nrm F21CO235 A2 TERM REPO AGREEMENT 027 011101.111.1020 001 WON EFTA01260347 rn IS Ta C) -n C in r MT SEOCIN9-ANGS BEAR STEARNS orna SERVICING YOUR ACCOUNT Bear. Steams 8 Co. Inc. 383 Madison Avenue v v 10179 21 ins Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) =MAW Ma Grt DAll TPANSACT1311 DES051111011 311.010U0 519 CONIVICI 08/01405 JOURNAL Mt MSC LOAN TAM CORP•510109 31282YDN6 4.973.466 SERIFS 227 CLASS 10 5000 , DUE 12/01MA Fn. F2133316 Al REPO AGREEMENT DDY10•00120 =ARM 114403001 vonawr Owe $0.135Coure Ser. Rams Sear/lei Cr?. Oit1Itutugh Cuw licrth v1 11101.3859 FINANCIAL TRUST CO INC nommen PER100 JUy 30. 20G5 Trinouom &gist 31.2005 ACCOMr .weal TADAvtli wawa On Fee LAST STATEMENT My 29.2(05 ceacc Ammo sockopo.co 06/01.05 DELIVERED UNITED STATES TREASURY NOTE 912828DY9 40.020.003 10.025.000.00 OM 05/15/2015 4.125 4 5 DUE 05/15/15 (till F2030421 I2 TERM RESALE AGREEMENT 08431/05 REIXNED UNITED STATES TREASURY NOTE 912828(82 73430.00D 73,001000.03 DUE 07/312007 3.875 3.875 DIE 07/3107 RDA F2130908 Al RESALE AGREEMENT 08.01/06 MEREST FEDERAL Duncan MEG ASSN 3136ECKC9 20453.71 SERIES 352 CUSS 1 401E 07/01/2034 0.001 RDA F1813372 82 REPO INTEREST 0601/05 MEREST FEDERAL NADCNAL MTG ASSN 3134/0106 5.465.75 SERIES 353 CLASS 2 DUE 07/01/2034 5.000 HEM 41813372 A2 REPO INTEREST 08.01405 INTEREST TARED STATES TREASURY NOTE 9128280V9 6.970.16 DUE 05/15/2015 4.125 FM (2030421 A2 RESALE MEREST 08711/05 JOURNAL WEED STATES TREASURY NOM ATM (2230854 Al 4.125 DUE 051105 REPO AGREEMENT 9128281:N9 4.000.000 4.931.250.00 927 00001,06:1120 C01 riPM EFTA01260348 rn 8 b.) T.2 $.‘ 0 -n C in r VPOTS£00- 019- ANGS BEAR STEARNS OFFICE SEW/ICING YOUR ACCOUNT Bear. Steams & Co. Inc. 363 MOOson Avenue Now York New York 10179 22 re ke Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (=Mufti) 0.EARED ThROcK44 rs waxy OEWO WWWERy Ow Swans Swabs Co'p We LWOW CRAW An 111014SW FINANCIAL TRUST CO PdC STATEWEN1 P€R00 Jur/ 30. 2005 THROW3.1 ALOUX ET, 2005 PM Ar Witt mutat, TAXPAYER NWOW LAST STATEMEM? Aty 29, 2005 SEITIAIRERI MAO( OAR out maxsienew onawren Semiquanr CUMIN OEM MEXIXT aeon WWII OWL% Jouremm. FEDERAL !unmet MEG ASSN 3136FAM6 4.677.451 3.562003.00 SERIES 329 CLASS PO DUE 01/01133 STRP FITM F1933197 AZ TERM REPO AGREEMENT 2/05 Menu FEDERAL NATIONAL MTG ASSN SERIES 329 CUSS PO DUE 01/01/33 FITM STRIP F1933193 Al TERM REPO AGREDAENT 3134FAWE6 14032355 10.665.000.00 08/12105 JOURNAL FEDERAL NATENAL MEG ASSN SERES 329 CLASS P0 DUE 01/01/33 STRIP PO R Fnm AGRE EMENT 2 F224326 D1 3136EAWE6 .18709.806 13,401,00800 06/12.05 JOURNAL FEDERAL NATTONAL MTG ASSN SERIES 346 CLASS 1 CUE 11/01/33 FEINT F1933203 CZ TERM REPO AGREEMENT 31318=9 5637.070 5.060.000.00 COT 2105 JOURNAL FEDERAL NATIONAL MEG ASSN 3136FCBC17 13.274.141 10.120.000.00 SERIES 346 CLASS 1 DUE 1931/33 Firm F1933195 AZ TERM REPO AGREEMENT 08/12/05 JOURNAL FEDERAL NADONAL MEG ASSN SERIES 346 CLASS 1 DUE 11101/33 FITM F2243262 Cl REPO AGREEMENT 3136FCBC9 .19.911,211 14274.000.00 2105 JOURNAL FEDL NOME LOAN MEG CORP•510109 31282117/401 18648.443 3.788.00000 SERES 227 CLASSIC 5,000 CUE 12/71/34 RIM F1933203 A2 TERM REPO AGREEMENT 027 03001/03:1328 001 M036 EFTA01260349 En IJ V.) BEAR STEARNS OFFICE SERACIOG YOUR ACCOUNT Bear. Stearns & Co. Inc. 3133 Manson Mena r • '‘ ••• • 10179 23 as Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACT1ONS (continued) SC ITher MCC DA lII CPA 1W6µ11911 DESCRIPPON SVIMOUCIASS, 06/12/05 JOURNAL FEN. HOME LOAN MTG COIIPAS10109 3128287086 SERFS 227 CLASS IC 5.000 DUE 12/01/34 FILM F2243262 Si 0 08/12/05 JOURNAL REPO AGREEMENT FREDDIE MAC CMONERIES 2586 3139513H8 SC-PO FUR 3, 11 DUE 077109 -n 11191.4 F2243264 Al REPO AGREEMD0 C6712/05 JOURNAL FREDDIE MAC CIAO/SERIES 2886 3139S12N8 C SCAO FUR 3.911 DUE07115/19 FILM F1933201 AZ in M12/6 PAIR/ML TERM REPO AGREEMENT FED HOME TONI TATGCORPOS10110 31282=9 SERIES 228 CLASS 10 6.000 CUE 02/01/35 FITM F1933203 82 TERM REPO AGREEMENT 08712/05 KORNAI. FEDL HOME WAN IATGCORNS10110 3128211611 SERIES 228 CLASS 10 DU 6, E ins r HIM 000 F220432 2.7062 Al REPO AGREEMENT ON11/05 RECENED UNTIED STATES 1REASURY NOTE 912828(82 DUE 07731/2007 3.875 875 DUE 07/31/7 3, WM F2240734 Al RESALE AGRWkNT Cetl2F05 DELIVERED UNITED STATES TREASURY NOTE 912828(82 SPOTSEOCIA19- ANGS CUE 07/31/2007 3.875 3.875 DUE 07/31/7 FRU F2130900 A2 TERM RESALE AGREEMENT =ARCO inflaaer ne vraLLY Coma SladOlarf Ow. Sews Storlant Cap. Cr* Wrote?. Cara Ranh Er Pa. r 11201.38Se FINANCIAL TRUST CO INC STATimeNT Pas00 lug 30.2005 114tOcCn August 11.2005 ACCO.Prt SUMER TAXPAYER WAWA On Fie INT STATIVEKT .L' 29.2005 Willa OM MOM CALM MOUNT -11Lea.443 3.938.000.00 .1471.600 102000.00 3.471.600 197.000.00 16,861.393 2818.000.00 .16.861393 3.124.000.00 51000.000 58.000.060.00 43.000.000 73.000.000.00 CAI 014M. 0513A1 031 EFTA01260350 C.EAREO THROJCal ITS wm01.1. Poe WSSCOJIY 0 1 1 C in r 9170TS£00- 019- ANGS 8 b.) IJ 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Sterns b Co. Inc. 383 Madison Avenue 179 24 das Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SETIMAENT MAX son DATE TWISICTICH a5059101 tr1.010UOJSIP C6/12,05 INTEREST FEDERAL NATIONAL MFG ASSN 3136FAWES SS 329 CUSS PO DUE 01/01/2033 0.000 FITM F1933197 A2 REPO MEREST OUANTITI 0E mar 10.980.85 Beer. Sian% Saute Orr, Weratal Came 'Arm Ms 2014559 FINANCIAL TRUST CO INC STATEI447 Stie00 14 30. 2005 ilittautai Alum 31, 2005 ACCOU47 Nivea to:went Mu/MR Con* LAST STATemtwi 14 29. 2COS CROW AMMO 08/12/05 MEREST KOMI. NATIONAL WC ASSN 3136FAVE6 32.942.56 SERIES 329 CLASS PO SIRIP DUE 01/01(2033 D.CCO Film F1933193 AZ REPO INTEREST 08/12/05 EVEREST FEDERAL NATIONAL MTG ASSN 3138/C8C9 15.598.86 SERIES 348 CUSS 1 DUE 11/01/2033 0.000 EOM F1933301 C2 REPO INTEREST 06/12106 MEREST FEDERAL worm MTG ASSN 3136FCBC9 31,197.71 SERIES 346 CLASS 1 CUE 11/01/2033 0.000 FINA F1933195 A2 REPO MEREST 0611205 INTEREST MX HCSIE WAN MG CORNIS1010) 31282MN6 11,677.56 SERIES 227 CUSS 10 OUE 12.01/2034 LOCO FITM F1933203 AZ REPO MEREST CEItI2.105 INTEREST FREDDIE MAC CMOISEMS 2986 3139512NR 607.31 SC-PO FLIR DUE 07/15/2019 3.911 NM F1933201 A2 REPO INTEREST 03/12/05 MEREST FEDL HOME WAN MTG CORP/S10110 312821091 8.687,27 SERIES 228 CLASS 10 DUE 02/01/2035 6.000 NM F1933203 82 REPO INTEREST 027 02471.06:13:211 001 ION EFTA01260351 BEAR STMRNS OFFICE SERVICING 11249 *cam Beer. Steams & Co. Inc. 383 Modismi Avenue 10179 25 ($ 95 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (confirmed) SIIIUMMT MOE MR CAN 0821295 0 08/15.05 -n 08/15/05 rn 08115/06 r LPOISE00- lA19- ANGS IRMIAC11011 DISCR107139 INTEREST MOER STATES TREASURY NOTE DUE 07/3112007 3.675 FIDA F2130908 fl P5MIT INTEREST X/UR)01. FAME IAM CMYSEMES 2003-52 6.540 FUR 3.640 DUE 07/25117 RIM F1953204 A2 TERM REPO AGREEMENT JOURNAL FLAME MM 0.40/92MES 2003-52 K5410 FLTR 3.540 DUE 07/25/17 FM F2273445 Al REPO AGREDAENT =ANAL FANNIE WE MOSIMIES 2003-5i KSVO FUR 3,840 ME 07/25n7 MIA F2273375 Al REPO AGAWAM .13LIRTML FANNIE IME MIOMERIES 2033-52 654/0 FUR FIIM Ø DUE 0725217 f 1953202 AZ TERM REPO AGREEMENT OEV15.95 JOURNAL GOvERWENT NATENAL PAM ASSN SERIES 2004.5 CLASS PS 3.520 DUE 02/20M3 FITM F2273377 Al REPO AGREEMENT 08/15/05 JOURNAL GOvERNIENT NA 11314AL MTG ASSN SERIES 2004-5 CLASS PS 3,520 DUE 02/20133 FTTM F1943303 A2 TWA REPO AGREEMENT CUAASD DIPO14,1 RS Yer0.1Y ~C0 StaSOARY Mr Swans SmuMs Oro 9~0 Center urn • '12014859 FINANCIAL TRUST CO INC MATTI/ENT moo:, L4,30.2005 /990..0•I Aug.nt 31. 2005 ACCCUIT NitafitER TAX, AvER NIAMER On rile UST STAITteST My 29. 2035 SY.400~911 OVANRY DEW AMOUNT CRIDI1 ~IN 912828(62 65.713.89 313930536 7,436.499 31393C538 -7.436.499 384.000.00 313930538 9.464.635 458.000.00 31318C538 9.464.635 509.000.00 38374F087 96903030 2333.00300 38374FDB7 26.403000 2.440.000.00 OZT 0110%135.13:211 001 VMS EFTA01260352 0.1AXID TKROVOI ITS "MOLLY OINGO SuSSOAir/ En 8 b.) O TJ BEAR STEARNS OFFICE SERVICZW YOUR ACCOUNT Bear. Stems & Co. Inc. 383 Madson Avenue Y Y 10179 26 of Transaction Detail (continued) Pa. Sion Sees En on Iteactach fags Ate 1T3D1.Aµ9 FINANCIAL TRUST CO INC STATEIRE8T PPM My 30.2605 TmotOUOm Atqat 31.2005 ACCOLNT WIAJOER TAXPAYER sultan On file REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (contirued) LAST PATENENT My 29.2005 -n untnAim flta DAR DATE 08/15/05 08/15/05 08/15.06 C in z 08/15/05 0815/05 r 03116106 SPOTS£00- 019- ANGS TRANSACTOR DESCRPTON DOWERED uNiTED STATES TREASURY NOTE DUE 07/31/2007 3.875 3,_ . 875 DUE 07/31/07 MAI F2240734 /42 WPM RESALE AGREEMENT SAM:ECUS* 912828(82 OWN IIIT 48.000.000 can N.Cium MOO /WOW 58,000,000.00 RECEIVED UPWED STATES TREASURF NOTE DUE OW31/2007 3.875 3.875 COE 07(31/D7 FUN F2270582 Al RESALE AGREEMENT 912828(92 68.000.000 68.085.000.00 MEREST MOW ME CMO/SEMES 2003-52 31393C538 1.633.32 6540 FUR DUE 07/25/2017 3.640 EOM F1953202 AZ REPO MUTEST INTEREST GOVERMENT NAMS4AS SATOASSN 38374F087 8.007.27 SERIES 2CO4-5 CLASS PS DUE 02/20/2033 3.520 FUN F19433O6 A2 REPO INTEREST INTEREST UNITED STATES TREASURY POE DUE 07/31/2007 3.875 nu F2240734 A.2 RESALE INTEREST 912828E82 11,116.67 ADTAINAL CREDO( MAC CIAWSEMES 2868 313951288 4.858.023 SC.40 ELK% 3.728 DUE 07/15/19 ETTA F1783380 /42 TERM REPO AGREEMENT CIV16.05 10URNA1 FREDDE CIALSERIES 2888 SC40 FLTR 3.728 DUE 07/15/19 WM F2283190 Al REPO AGREEMENT 3139512148 08/1605 JOURNAL 114110 STATES TREASURY NOTE FIIM F2230654 A2 4.125 DUE 05/15/15 TERM REPO AGREDIENT 91282801/9 .4.856.023 259.000.00 5.000.000 4.931.250.00 027 0001/06:11111 08 1/080 EFTA01260353 0 -n C in r 6170TS£00- 019- ANGS I8 b.) IJ 4.• BUR STEARNS OFFICE SERVEING MR ACCOUNT Beet, Steann & Co. Inc. 383 Madam Avenue New York. New York 10179 27 S 31 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) Ida DAN OAT( rEARMOOR OCSCRIMDN 08/16/05 KEENED UNTIED STATES TREASURY NOTE DUE 08/15/2015 4.250 4.250 DUE 08/15/15 RN F2290432 Al RESALE AGREEMENT SYP.e0U0.60. 912828EE6 °Minn, Dart AMOUR 5.000.000 5.000.000.00 cisac0 ”feCuam resew, ConiD SvISIDWir 8 Stem Sacules COM- Ors Vexed One Noe' tredep. tine Vat lInt-7459 FINANCIAL TRUST CO INC STATIWEre Pereco .11.0) SO. 2005 Thattc. AuDJU 31.2005 Are, tit uvaER TAx.A,ER %W&R Cr. NO tai STArruFc M7 29. 2035 CHAT AMOUNT 08/16836 MEREST UNTIED STATES TREASURY NOTE 9128280V9 510.93 DUE 0N152015 4.125 HIM F2230854 A2 REPO INTEREST 08/17435 DELIVERED UNITED STATES TREASURY NOTE 912828(E6 4.000,000 - 5.000.000.00 DUE 08/15/2015 4.250 4.250 DUE OW 5/16 TOM F2280432 A2 TERM RESALE AGREEMENT 08/17/05 SOURNAI. MATED STATES TREASURY NOTE 912828EE6 4.000.000 5.000.000.00 ARM F2290949 Al 4 90 250 AGRE DUE E NT 0 ME8/15/15 911 08/17/35 DELNERW UNITED STATES TREASURY 601E 9128280)2 48.020.000 68.086.000.00 01107/31/2007 3.876 3.875 DUE 07/31/07 AMA F2270562 A2 TERM RESALE AGREE/103 06/17/05 KEENED tINRED STATES TREASURY NOTE 912828E52 78.000.000 78.185.000.00 WE 07/312007 3.875 3.875 DUE 07/31007 FTIM F2290947 Al RESALE AGREEMENT 09/17/05 MEREST UNITED STATES TREASURY NOTE 912828EE6 452.78 DUE 0605/3015 4.250 FM F22(03432 A2 RESALE MEREST MEREST =TED STATES TREASURY NOTE DUE 07/31/2037 3.875 FTIM F2270662 At RESALE WETTEST 06/ 17/06 912328(82 10.47733 027 09,01M6.11:21 001 VMS EFTA01260354 CLEARED THRCuati RS visOLLY OPAIDD SueSCIARY rn 8 IJ 10 IJ IJ -n C rn r OSOTS£00- 019- ANGS BEAR STEARNS 0FFICC SERVING YOUR ACCOUNT Bear. Stearns & CO. Inc. 3B3 Madison Avenue 10179 28 o Ds Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACTIONS (continued) SEMEWIIT TRAM 0A1E DATE mudatei CESCEPTAYI 08/1105 MOLE GOVERNMENT NADDNAL AVG ASSN SERIES 2004-30 CLASS SU 3.770 DUE 02/20132 MU E1783380 C2 TERM REPO AGREEMENT 08/18105 JOURML GOVERMENT NATIONAL MID ASSN SERIES 2004-30 CUSS SU 3370 DUE 02/20/32 frill F2303215 Al REPO AGREEMENT centres JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 3S2 CUSS 1 0.001 DUE 07/01/34 FIRM F2303162 Al REPO AGREEMENT 09/18/05 0811605 MUM& FEDERAL NATICRIN. MID ASSN SERIES 352 CLASS 1 0.001 DUE07/01/14 ATM F1993127 AZ TERM REPO AGREEMENT INICREST fICERAL NATIONAL MEG ASSN SERIES 352 PASS 1 DUE 07/01/2034 0.001 MA F1993127 A2 REPO INTEREST 08122/95 JOURNAL UNTIED STATES TREASURY NOM EOM F2290949 A2 4.250 DUE CEA 5/15 TERM REPO AGREEMENT 08/22106 JOURNAL UNITED STATES TREASURY NOTE RDA F2340736 Al 4 250 DUE 013/16t1 ittP0 AGREEMENT 5 08127/05 RECEIVED METED STATES TREASURY NOTE DUE 07/31/2007 3.875 3.875 CUE 07/31107 FITM F2340734 Al RESALE AGREEMENT eau Limns Swan On Cyr IdePtcsth Caw RAT 111014169 FINANCIAL TRUST CO INC STATEREAT mace my 30.2005 TDRCRON AL9iU 31.2005 ACCOUNT KUPER TAXPAYER WRIER On Pie UST sumen Mg 29.2005 SYM•JUCUSIP COMM OM AXIOM CREW M.0071 38374F6T6 24.151.766 38374F676 -24.151.766 1.216 0.53.00 3116PCEC0 .18.634.614 13299.1200.00 313610CES 19534.514 13.954.000.00 3136FOCCS 43.617.88 912828EES 5.000.001 5.000.00040 912828EE6 -15.000.030 15.037.500.00 912828E82 68,000.000 88.170.000.00 017 00501X1103111 E01 VMS EFTA01260355 0 -n C rn r ISOTSEOCIA19- ANGS I8 b.) b.) BEAR STDIRNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Madison Avenue New Yak. New York 10179 29 ass CLEM= Tlaarar OS way.sy MAIM StASOORY Pm Swan Seculla Cap Ore Itaroach Order Haat COAL TRUST CIAL TRUST CO INC STATImela 1000 My 30. 2005 TaPOUGH N.9.151 31. 2005 Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASE TRANSACTIONS (continued) WELDER? IRAN DUE MAYSICOOP DESCR09109 SYPISOUCLEW Ouminn 018E MOM! ACCOUNT Water Trocppyra wawa On Tie LAST STATO/na My 29.2005 CREW MIOUM 08/22A)5 DELIVERED VATTED STATES TREASURY NOTE DUE 07/31/2007 3.875 912828(82 -78.003400 78.195.000.00 3.875 DUE 07/31/07 FITIA 12290947 A2 TERM RESALE AGREEMENT 08=05 INTEREST UNITED STATES TREASURY NOTE 912828EE8 2.348.81 DUE 08/15/2015 4.250 FITM 12290949 A2 REPO INTEREST 08/22/05 MEREST UMTED STATES TREASURY NOTE DUE 07/31/2007 3.875 912828E82 310344.45 RIM 12290047 AZ RESALE INTEREST 09/2805 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374=7 -28.440.000 SERIES 2004-5 CLASS PS 3,340 DuE 02/20/33 FIRM 12383190 Al REPO AGREEMENT 08/28/05 JOURNAL GOVERMENT NATIONAL MG ASSN 383741087 - 28.403,400 2.333.000.00 SERFS 2004.5 CLASS PS 3.340 DUE 02/20133 HIM /2273377 A2 TERM REPO AGREEMENT 08/28105 DELIVERED UNITED STATES TREASURY NM DUE 07/31/2007 3.875 912828E82 458000.003 seno.oco.00 3.875 DUE 07/31/07 FONT F2340734 A2 TERM RESALE AGREEMENT 08/28/06 MEREST GOVERNMENT NATIONAL MG ASSN 383741067 2,884.51 SERIES 200E-5 CLASS PS DUE 02/20.2013 3.340 FIRM F2273377 A2 REPO MEREST 08/28105 INTEREST UNITED STATES TREASURY NOTE DUE 07/31/2007 3.875 912828E82 22447.59 FinARESALE INTERE 1234073 ST4 A2 02? 0.0i/091110 001 VON EFTA01260356 CUM» THROV3m AMOuttf OWNED SUDADIARY En 8 b.) pV IJ -n rn r ZSOTS£00-019-ANGS BEAR STMRNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison MCI= Y N «Yoh 10179 30 to n Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SEMOVINT TRADE DATE DVL IRMISACTEEM DESCRIPTON 06/29/05 =MAL FEDI 11014 LOAN WO CORNIS10109 SERIES 227 CUSS C 5,000 OUE 12/01/34 MIA F2103229 AZ TERM REPO AGREEMENT 03/29105 KillMAL ~ONE MAC CIAO/SERIES 2866 SC-60 FLTR 3,728 DUE 07/15/19 FILM F2413293 Al REPO AGREE/ENT 08/29.05 JOURNAL FREDDIE MAC CIAOSENES 2886 SC-VO FUR 3.728 DUE 07/15/19 FDA F2243284 42 TERM REPO AGREEMENT 08/29(05 OnraileS JOURNAL FREDDIE WC OÄYSERIES 2888 SCUD FUR 3,728 CUE 07/15/19 RIM F2283190 42 TERM REPO AGREEMENT INTEREST FEDL HOME LOAN MTG CORP/7510109 SERIES 227 CLASS ID DUE 12/01/2034 5.000 ATM F2103229 Al REPO INTEREST 08(29.05 «EST FREDDIE MAC CIACVSERIES 2886 SC.10 FLTR OUE 07/15R019 3.728 FITM F2243264 42 REPO ~EST 08/29/05 INTEREST FREDDIE ?MC ~SERIES 2886 SC-VO FUR DUE 07/15/2019 3.728 FITTA F2283190 0.2 REPO INTEREST thw. Slen Seems Cap. Ore lenetrat Cater MOON 11201.3419 FINANCIAL TRUST CO INC STA-DrenT DEWS. fl y 30.2035 THROuOm Augat 31.2005 ACCD-AT AiedellA TAAPAYER NADER LAST STATTWNT tog 29. 2005 SOMOI/CUSP ~en OW ~WI CUNT SNOW 31282YON6 466,211 96.000.00 3139512/09 4249.152 31395121M 3.393.12e 162,C00.00 31395/2118 4.856.023 258.0MA:0 312821986 307.52 3139612118 324.01 3139512118 3513.10 027 040itettati COI EFTA01260357 SPLEZZOO-Via BUR STD‘RNS FCE SERVICING YOUR ACCOUNT Beet. Steams b Co. Inc. 383 Madison A‘en.:e 31 CLEARED n+Roctii Os %%MOLLY 0~.0 Camay Bet Sun Seas Ca, Ore ~nth Craw Piarm 11201.33.11 FINANCIAL TRUST CO INC symactt rime luy 30.200S ~OUCH Aucl.n/ 31.2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS SElltbar Wet (continued) ACCW.T mane TAYSAnR 'AMBER mar stmuton My 29.2005 DAT! DM litu4SACTKIN OISCRPTIDN SHAUCA,CLISP EilAUTIY ODITT soma 01:[M ~ODIC 08131/05 JOURNAL UNITED STATES TREASJRY NOTE 912828/113 15.000.000 15,037.5430.00 REM F2340736 A2 4,250 DUE am 5115 0 08/31/05 JOURNAL TERM WO AGREDAENT UNITEDSTATES TREASuRY NON NW F2430998 Al 912828EE8 -20.030.000 20.225.000 .00 4.250 DUE08/15/15 REPO AGREEMENT 08631406 WOWED UNITED STATES TREASURY NOTE 912928EF3 88.000.000 58.255.000.00 DUE 08/3172007 4.000 4.000 DUE 06/31/07 EOM F2431000 Al RESALE AGREEMENT m 09/31/05 MEREST ~ED STATES TREASURY MITE DUE 08/1512015 4.250 912828EE6 11.925.57 FM F2340738 A2 REPO IV-FREST TOTAL 5.507}e,4!µ,41 11419.1144,1~ MISCELLANEOUS r £SOTS£00 IND ANGS µR TODAY INUCIACitel 043/01/05 JOUPECAL DISCRPTION FR CAMY NC 0214212641 134,475.00 ER OMDY NC 0214212941 45.575.00 FR CMDYNC 0214212841 29.425.00 FR [MDT AC 0214212541 8.673.61 FR CLIMAX 021-S2128-F1 128.754.50 FR MOYNE 021.521 28.41 83.571.00 OMIT Minute Mat MOUNT 06D2Ø JOURNAL 03/03/05 JOURNAL 08.415/05 CORRAL 0~05 a 08,09/05 021 0•01.0513:20 COI YOU EFTA01260358 CLOSED 1,1,10UCH n ~Car 0^,..0 87~104ARY T71 8 b.) IJ a1 BEAR STEARNS OFFICE SERYCING YOUR ACCOUNT Sete. Steams & Co. Inc. 383 5.8.3060n Avenue 10179 5».irns Stosbes co. Ow ~a, Watt Abet 2014458 FINANCIAI. TRUST CO INC 32 am Transaction Detail (Continued) MISCELLANEOUS (continued) OAK 1A00AY 111MISAClION Et5C85•11}i CMMOW irATEVExt ~CO My 30. 2005 111110U071 Rugal 31,2005 AD:cvn %w0« TAxPAYM µAlErt On Ile LAST STATEMENT Mi 29.2005 caw mama OEV11105 JOMNAL FNMA.30yRITHMAIGTD 341.250.00 SETT.C8/04 5.500 DUE 08101134 0 08/11105 JOURNAL MBS NET 08i11/05 MIA 3011 GM SETT. 0805 24.809.37 5.030 DUE 0801435 -n 08/12/05 JOURNAL MEG NET 08111/05 T00MDYA10 021-52128-F1 183 978.50 OW 5/05 KURNAL FR DAM MC 021.5212541 183.815,50 oeneros TOCM3Y NC 021.5212841 28.404.50 in 082406 C0125/05 JOURNAL IOURNN TO CMOY MC 021-52125.cl ALT OS DR FEES PART A 130.387.50 2.450.00 08/25ø05 JOURNAL FR CNOY NC 021.5212841 7.250.00 08/29.4)5 JOURNAL FR CM)Y AC 021-5212841 94.837.50 08/30/05 JOURNAL FR ØA4 021.5212841 112,941.50 TOTAL 1-345310.50 51.174.993.98 r PSOISE00- IA19- ANGS 027 090195.13'.29 031 EFTA01260359 rn 8 IJ La --J 0 -n C in r SSOTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 maotson Avenue 10179 33 a n Trades Executed Pending Settlement SMARM MIX an DM1 09/01/05 0843105 BOUGHT C1EARED niIiCoGn ris 20.OU3 Oman SySiCaille Om% Stews Seams, co'. One Wev220. Cans /40201 112014ln FINANCIAl. TRUST CO INC STATOR:12r P0200:3 NU 30.2005 rpROLGH Awns 31.2005 Ann. ter onfeR 7020AYER sweER On Fat LAST runrune Juts 29,2005 snmaxs. Osuntry Pitt Olen ALICIPIt PAW maw umrED STATES TREASURY NOTE 912828EF3 18.000.000.00 100.1171 18,023,082.70 OUE 03.731/2007 04.030% FA 28 0988280293099 mu) 3.938% TO MATURITY GM REF • G2433243 Al 09714/05 (Antos BOUND nawxymnimom 5483090 50.000.000,00 98.1718 49.085.937 60 SETT.09105 DUE 0970172035 05.000% 0987280211332 REF * 2036081157230020 BS 09/144)5 08117/05 SOUGHT FNMA-30YINFIAMTG13 5483090 50.003000.00 98.3826 49.191.406.25 SETT.09/05 coE 72802 09101/20099 35 05.000% 098 11 REF • 2005081757170000 BS 09/14/05 0319/05 BOUGHT DEMA.30YRIFMAT3510 5483090 50.000.000.00 96.4921 49.248.09.1.75 SET7.09/05 DUE 0601/2035 05300% 0987797115099 REF # 2005081957030000 BS 0971405 08131/05 BOUGHT FRTAA-30YRIFNMATGTD SA83090 10.000.000 .00 993937 9.909.375.03 SETT.0905 000 090112035 05.040% 0987797115099 REF • 2005083157020200 BS 09/14/06 08/0305 SOLD FNMA&Ovii0n044)611) 5483090 -10.003.00000 98.2031 3820.312.50 SE1T.09/05 DUE 09/01/2035 05.000% 0987018110209 REF # 2005080357150000 BS 09714/05 06/11/05 SOW Fimm-30YRDP1440GTD 5483090 SETT.0605 DUE 09701/2035 05.000% 0987000610099 REF • 2005081157170000 BS 95.1562 49.078.125 .00 027 0101051328 951 vl•S EFTA01260360 CLF-APED THROUGH ITS MI4OLLY &AIMED SLUSH:MA.4Y 8PLEZZOO- V.L.43 0 -n C rn z r _ 9SOTSECIO IN9 ANGS BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Beet. Steams & Co. Inc. 383 Madison Avenue New York New York 10179 34 or Trades Executed Pending Settlement (continued) SSTIUSEMT 74.10( DATE OAR 711.412•411041 etscesnot 09/14/05 08/17/05 SOLD SYMBOLCOSIP a4H.5eunn S•011001 CLIP was Cato liael . ma. reit 11101.31160 FINANCIAL TRUST CO INC STATEMENT PEBCO AA) 30, 2005 114400314 August 31. 2005 AGLOW! NJWSElt MASKS SINKS On e• LAST STATEMCNT Juy 29. 2DOS OLLWIThr Sita DEW WOW CREDO AYOLHT FNMA-30YRONIANDTIA 5483090 -50.000.000.00 98.3007 49 150.390 .83 SETT.09tOS WE 09/01/2035 05.000% 0987016110099 REF 0 2005081757260000 BS 0921405 OW19/05 SOW INFAA.30YR(FNMAATD 5483090 -50.000.000.00 98.5507 49275.390.63 SETT.09/05 DUE 091D1/2035 06.000% 0987021011099 REF • 2005081957090000 85 OW14/05 08,03/06 5011/ FNW.-30YRFNIJA)GTO 5/83112 -1.000.000.00 100.2851 1032851.56 SC17.09/835 DUE 09.01/2035 05.500% 0987016110099 REF • 2005080357170000 BS 09/14/06 C8/0105 SOW FN1.14-1CNRIFA74061 0 5683112 439.000.030 .00 1002656 99.262.%8.75 SETLOW/05 cue me 11509 79mos 05.500% 0987 7 9 REF • 2C05080157190000 BS 09114405 08/15/05 BOUGHT FNA41-30YR(FNIANGTD 5683154 50.080.000.00 101.9609 50.980.468.75 SE11.0605 DUE 09/01/2035 06.000% 0987260211099 REF 0 2006081557120000 BS 09214405 08/23/05 B0.1GHT R•41-307R(FNMA)01D SA83154 50.030.000.W 102.0468 51.023.437.50 SITY.09.05 DUE 09631/2035 00000% 0987016110332 REF * 2005082357020000 85 OW14/05 06t18/05 501D F.44.30YR(11041)810 5/83151 -50.000.000.00 102.0859 51.042.966.75 SETT.09/05 DUE 09/01/2034 06.000% 0987280211099 REF • 2005081657090000 BS 027 C0,01.0503:21 031 EFTA01260361 MARCO TROUGH MICtLy 04/010 SVOSIOMPY 0 z -n C rn z -H r LSOTS£00- 019- ANGS BEAR STEARNS OFncE SERRCIN0 YOUR ACCOUNT Bear. Steam!. & Co. Inc. 363 Maxon Avenge v -t 0179 35 a 35 Trades Executed Pending Settlement (continued) Ow. Hers Setutte5 Con. One ihrto, Cries *iv, 1201-3859 FINANCIAL. TRUST CO INC STATFANNT PrIe00 Jul/ 30.2305 ThOtOLCH ME /CCCNIT KAMER TAXPAYER .A.MIER UST STATIVEhT 3Ay 29.2005 August 11.2005 rata TRADE DAR DATE ntudameN DESCR•IP3H SINOIOWISP OLIMITITT 7780E WC AMOUNT CREDIT WOLNI 09/14/05 08/23/05 SOW lart•VIDYR(FHW)GID 3A83154 .50,000.000.00 102.0937 51 046 875.00 SETT.09/05 DUE 09/01/2035 08.000% 0987260211099 RES • 2005082357140030 BS TOTAL $771.45.9.001.13 $39$419.14242 The oxen twee 0 mmar .n any aw “wia STOP' End o' Statement 027 990195/328 001 sass EFTA01260362 CLEARED 0.00(.0.. RS vow:ELY coatzo summon En 8 b.) IJ Lg. O m C in r 8SOTS£00-019-ANGS BOAR STEARNS OFFICE SERVICING Yale ACCOUNT Beat. Stearns & Co. Inc. 383 Madison Avenue imam 10179 ACCOUNT ExECUTIVE GNMA GOVT BOND VISIT OUR WESSITE mne.bearsteams.com What's In This Statement I ll Fnancial Summary 3 FINANCIAL TRUST CO INC Your Portfolio Holdings 4 CIO JEFFREY EPSTEIN Transaction DetaIl 7 6100 RED HOOK QUARTER Trades Not Yet Settled 31 STE 83 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VAUJE OF SECAIRME,S THIS PERIOD 3.204.048 Cali A Equivalent —IsSi.712 5359.965 LONG ACCRUED INTEREST 25.795 Reel NET CREW &MANCE 11.712 Income NET EQUITY THIS PERIOD 83.241.555 NET EQUITY LAST STATEMENT 3.835.574 CHANGE SINCE UST STATEMENT -594.020 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. NI Curren mactet value NI LW statements Market vale .2CM.00) 33,442.681 Sew. Sinns kart*, Call. 0 0.4•Intecn Geer Nat loom 112013859 FINANCIAL TRUST CO INC suismeiT eFROO Jul/ 1.2005 notar3H Kt 29. 2005 ACCOLt0 %nen TArok,ER hANSER On Fie LAST rArriare Are 30. 2005 SI 's tureen 61G. efirrn72011 WAX? Of .1 XIS .“ onodd otet tialemtn Neal 5 n's ma lu rAr naves Sea envie lode IX WOW Mal ate.ten 027 07000510O9 001 EFTA01260363 CLEARED 114R0vCie ITS Ware OWNE0 SUSSIZT.ARY Sew. Szsere/ Sts Coll Cole tAtincech Cebu at &0Q4.t Se. von 11201-MSS FINANCIAL TRUST CO INC 2 an 0 5 m z -H r 6SOTS£00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 07,0,05.10e0 COI NOS EFTA01260364 MIMEO 114901.04 ITS 110.0.1.1. 0A119) aussiouitv rn IS IJ 1.2 IJ 10 BEAR STEARNS CfrICE SERviCeiG VOuR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue v 10179 3 du Cash Flow Analysis 2145 PERIOD Income Summary am PERIOD YEAR TO DATE U.S. Gait. Bond Inc 554.343.02 4.236.006.89 OpeningBalance 5359.965.49 Govt. Agency Int. 497.289.51 4,609,911.42 Secunties Sold 854,425,255.21 Cap. Bond Mt. 175,881.40 968584.32 DivxlenisAnterest 1,211,189.06 Cse Balance Int. 779.00 4.324.51 Miscellaneous 1.113.665.86 Rents* Rowena. 914 0.00 1.163.243.87 Amount Credited 5856.750.110.13 Total 51.228.292.93 510,982,071.01 -n Scintillas Bought -8.55.443,996.18 Bond Pt:these IN- Repurchase Int. Em. .491.945.30 0.00 -5.640.653.48 -1.098.448.85 Funds ?ignition -71,745.00 C rn MildendstImerest Charged Miscellaneous -491.945.30 -1.090,677.37 Portfolio Composition Amount Debited 5.857 098 363.85 CashiCash Univalent 11.712 Net Cash Acuity -348.253.72 Fixed Income 3.204.048 Chasing Balance 511.711.77 Total 93.215.760 r 090TS£00- O19- ANGS Cash Balance Summary CeINAG Ct05114 kila•gun 359,965.49 11.711.77 Net Cash Balance 5359.965.49 511.711.77 Beat ken Sentlet One Wawa. Con lee. Orme" Ps Vent 112014159 FINANCIAL TRUST CO INC STArewera 11.1o0 kly 1.2005 TIIROUCIal My 29. 2005 NW AO:Octe tonlie rAmvelt risraER LAST trremewr June 30, 2005 Your Portfolio Allocation Cash & Equvalerei <10 Filed tccme 99% .cnam Oro* Mbt bone roc., vat new wk.. The 'Warta Meru A els,KI. 1-u' M '•lWY natal .Ya C vov Rabb. 027 07,0011002 CO. V*95 EFTA01260365 Ln I8 IJ IJ LEN 0 -n C rn r T9OTS£00- 019- ANGS BEAR STUNRNS OFFICE SERVICING TOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Ant New York. New Yak 10179 4 OW Your Portfolio Holdings CASH & CASH EQUIVALENTS µAIM ESTIMATED CURRENT OESCRINION DrulIOUCUSP Ctuloirr pea VALUE AN)µL 114011 MIEN CASH BALANCE 11.712 TOTAL CASH & CASH EC/UR/ALENTS $11,712 FIXED INCOME Government & Agency Obligations ACCE DISCI:MR SEVERYJCUSEP Mt GOVERNMENT NATIONAL MTG ASSN 3837469/5 MRGN 14.635,047 5.8146 850.969 13,794 551.741 64.8368 SERIES 2004035 CLASS SP DATED DATE 05/21/04 BOOK ENTRY ONLY DUE 12/2012029 3.770% FACTOR . .89865757 Conroy Waco NataXim RS AYECE-Ev OVAED SUBSIOARY Sum, Secur.es Cap Ore thuntech Cent( NanT 17 701-3449 FINANCIAL TRUST CO INC STA-EVRE.1 PERIM My 1. 2005 2Duar ECceNka ruultER MaAvER NAME, EAST STAMaNT :My 29. 2005 June 30 2005 ACCRUED (SWAM DORM WARKET MU( MEREST MAK MOM vELD LV GOVERNMENT NATIONAL MTG ASSOC 38374GVSS MRGN 14,656.693 6.0902 892,616 SERFS 2C04-041 CLASS SE DATED DATE 06/23/04 BCOK ENTRY OY DUE 05/20/2030 NL FACTOR . 81247898 FEDERAL NATONAL MTG ASSN SERIES 2003-49 CUSS SW DATED DATE 0400103 BOOK ENTRY ONLY DUE 01252033 3.540% FACTOR - .50139372 Total Government& AgencyObligations 31393C2C6 MRGN 12,187.256 7.4140 903.557 4,793 431,429 47.7478 52.647.142 518.587 $983,170 027 07,5(1C0:1009 C01 VON EFTA01260366 tgLiZZOO-V.L.43 0 0 TZ B I C in r _ Z9OTSECIO IN9 ANGS BEAR STEARNS OFFICE SERVICiNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 Your Portfolio Holdings (continued) Corporate Bonds OLSCRIPTCN ALTERNATIVE LOAN TRUST SERIFS 2004.3008 CUSS I.A-8 DATED DATE 12/27,04 BOCK ENTRY ONLY DUE 02/25/2035 1.785% FACTOR - .90,374168 RATING:14000Y AAA SW AAA Total CorporateBonds COON rs rsrp 12667F066 ACC NPR MRGN 36.349,667 ACCRUED NOCE war MI Patel 1.5321 556.906 7,208 GLEAM THROW.. RS veil Owe Su•SOVAY Rat Stet Seim On One lee tree tarn FINANCIAL TRUST CO INC srAruna num July 1.2°6S THROW, July 29.2005 ow .ACCO1,M. %MIER TV:PAYER Kieft LAST Steer Are 30. 2005 ESINATED MIMEO ARMS NOME MO 00 648.842 116.5084 $556.906 $7.2013 5648.842 TOTAL FIXED INCOME $3.204,046 $25.795 51.632,012 YOUR PORTFOLIOHOLOINGSACCRUED INTEREST 525.795 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1.632.012 YOUR PRICED PORTFOLIOHOLDINGS 53.215.160 Repurchase and Reverse Repurchase Transactions with Bear,Stearns& Co.ine. outstanding asof date of statement PURCHASE/ START an REPUROUSE OAR PRICNG PuROUSE PRICU Nen& ACCRUED NPO Olleff (ma Al aim 0.0IP OtSCRIPTION YOU SOW GOVERNMENT NATITINAL MEG ASSOC (REPO) 06/27/05 OPEN 0.010 -1 47.112.874 38374F6T6 SERIES 2004.30 CLASS 3.770002/2032 YOU SOLD FEDERAL HOME LOAN MEG CORP (REPO) 06/27105 OPEN 0.010 .1 4.724.538 31395J2H8 SEM 2886 CUSS SC 3.9118 OM 5/19 YOU SOW FANNIE MAE STRIPS (REPO) 06/30/05 00/01/05 3.540 4.373.000 -20.053 -10.000.000 3136FOLC9 SERIES 352 CUSS PO 07101/34 027 07x08&1001001 21011 EFTA01260367 0.EARED TH•CtiCei frs WoCELY OntE0 Sunity.ARy 5gLaZOO-V.L43 0 -n C in r _ E9OTS£00 IND ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mac son Ammo mas a 10179 6a Repurchase and Reverse Repurchase Transactions (continued) with Bear,Steams& Co. Inc. outstanding as of date of statement (continued) eistexASO etetatou.se NOG PuROUSE MW ACISAID WO OtWAITY START WE OATS lit411 MOSS Wir Ina 88CM) 0.1W DISatira4 teat Yawns Sera.% CO17. O. Mouse. Con* Math issis 11101.3850 FINANCIAL TRUST CO WC STATEMEWT PE1O0O My 1.2005 THAWS. My 29,2006 aouvr TAXPAYER quuSER On Flo LAST same" Mr 70.2036 YOU SOLD FANNIE MAE STRIP (REPO) 06/30105 08/01/05 3.540 4737.020 4.465 40,003,CCO 3136FCL06 SERIES 353 CLASS I0 5.000007/01134 YOU SOLD FANNIEMAE STRIP (REPO) 07/12/05 08/12105 3.580 .10.686.000 -21.253 -30.000RCO 3136FAWE6 SERIES 329 CUSS PO 12/01132 YOU SOLD FANNIEMAE STRIP (REPO) 07/12/05 08112/05 3.580 .10.120.000 -20.127 -20.000.000 3136FCBC9 SERIES 346 CUSS PO 11101133 YOU SOLD FANNIEMAE STRIP (REPO) 07/12/05 08/12/05 3.583 4.562.000 .10.000.000 3136FAWE6 SERIES 329 CUSS PO 1201/32 YOU SOLD FEDERAL NOME LOAN MTG CORP (REPO) 07/12/05 08/12/05 3.583 -197,000 -391 4.000.000 31395/2118 SERFS 2886 CUSS SC 3.911807/15/19 YOU SOLD FANNIEMAE STRIP (REPO) 07712/05 03/12/05 3.580 4060,000 -10,063 40.000.000 3136FCBC9 SERIES 346 CLASS PO 1161/33 YOU SOLD FEDERAL NOME LOAN STRIP (REPO) 07/1205 08/1205 3.580 4,788,000 .7,533 40,000,000 3128270N6 SERIES 227 CLASS 10 5.000012/01/34 YOU SOLD FREDDIEMAC STRP (EPO) 07/1205 08/12/05 3.580 -2.818.000 -5.604 .20.000,000 3128270P1 SERIES 228 CUSS 10 6.0000 02/01f35 YOU SOLD GOVERNMENT NATIONAL MEG ASSOC (REPO) 07/13/05 08/15/05 3.580 -2.440.000 4.610 -26.400,000 38374F007 SERIES 2004-5 CLASS P 3.520002/20/33 YOU SOLD FEDERAL NATIONAL MFG ASSOC (REPO) 07/14105 061505 3.610 -509,000 418 .14.000,000 31393C538 SERIES 200342 CLASS 3.640007/25/17 YOU PROVIDED FEDERAL NATIONAL MTG ASSOC (MARGIN) 07/14105 OPEN 0.000 .11.000,000 31393C538 SERIES 203342 CUSS 3.640007/25/17 CIS 07n005:1009 091 wF EFTA01260368 WADED TAACUP4 VAP.A.AY 0.040 SuMOWN' BEAR STEARNS OFFICE SERVEING YOUR ACCOUNT Bea. Steams & Co. Inc. 383 Mathon Avenue New York, New Yak 10179 7 of X? Repurchase and Reverse Repurchase Transactions (continued) with Bear,Steams& Co.I nc. outstanding as of date of statement (continued) PURCHASE/ REPIAC1PSE PRIODG AROUSE ERIN ACCEDED REPO Ours= SUM DAIS DAIS RAN PRIPOPIL WIEIDSP DICE AMOUNT) CUSP STETEAPAT PERM MI 1.2005 THADJ:34 luty 29. 2005 ACCOAPT rowel, PADAYEA ADENCE EAST StAtEuest kre 30. 2005 CESCANTO1 YOU SOLD FANNIE MAE SERFS 0 (REPO) 07/18/05 08/18105 3.630 -13,954,000 -19.698 -23.000.000 3136FCKC9 SERIES 352 CUSS PO 07/01/34 0 YOU PROVIDED ()AARON) 07/29/05 OPEN 0.000 -50.0:0.003 31392/0112 FEDERAL NATIONAL MTC ASSOC SERIES 2003-13 CLASS 4.5400 03/25/33 TZ YOU SOLD (REPO) 07/29/05 08/29/05 3.720 -96.000 -29 -503.000 31282YDN6 FEDERAL HOME LOAN SERF SERIES 227 CLASS ID 5.000012/01/34 E I YOU PROVIDED FEDERAL HOME LOAN SITS C (MARGIN) 07/29/05 OPEN 0.000 9.500.030 31282YCN6 SERIES 227 CLASS 10 5.000012/01/34 in YOU BOUGHT (REVERSE) 07/22/05 OPEN 2.640 10.025.000 6.970 10.000.000 9128280V9 USTR 4.125005/15/15 TOTAL REVERSE REPURCHASE TRANSACTIONS 510.025.000 56.970 TOTAL REPURCHASE TRANSACTIONS 5.61.340.002 S.122.828 sew steams startles Cce. Op Metrtarch Camp Nell nc T I 12014359 I NANCIAL TRUST CO INC r P90TS£00- O19- ANGS IJ IJ As Si satinet ea Transaction Detail INVESTMENT ACTIVITY fl ea MX DATE 011E PPAISACIPM 07/01/05 06/30/05 SOLO oeutrnac UNITED STATES TREASURY NOTE DUE 06/30/2007 03.625% ID 30 0988778197972 YIELD 3,626 % TO MATURErY OVER REF IE 61813788 81 SYYSCUCUSP Olchrif MCC 9128280Y3 -15.000.000 99.99770 ACCR. INT. OEM7 IDIOM MDR *CUP 14.999.655.00 1477.58 021 07lX11:4:1009 001 wM EFTA01260369 -n C in r S9OTS£00- 019- ANGS BEAR STEARNS CfFICE SERVICING YOUR ACCOUNT Bete. Stearns b Co. Inc. 383 Madison Avenue 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) MADAM MIX OAR DATE 1111/64•11011 CESCRPTON 07/01/05 06/30/05 SOLD UNITED STATES TREASURY NOTE DUE 06130/2007 03.625% JD 30 0988778197972 VELD 3.526 %TO MATIANRY OVER REF 0 61813788 Al 77141COUSP 9128280Y3 -50.000.000 99 99770 '9.998.850.00 ACCR. MT. 4.925.27 CtEARAO nooto. ITS ?MOLLY Ovest-D SUILSOAR7 Dew. Stem Swann CorD. On wernach Conn HAM FINANCIAL TRUST CO INC STATE...EAT PAPAW Aft, 1. 2035 THRODOAI my 29. 2005 A=C4Art NANBIER 7AAAAVCR wagon, On fie LAST STATE...Dr AA* 30.2005 cumarry VOCE E EI A14010.1 CAtte HADA, 07/01/05 JOURNAL FEDERAL NATIONAL JOG ASSN 3136FCLD6 -1 SERIES 353 CUSS 2 5 000 DUE 07/01/34 AeJuST POSmoN 07/01/05 JOURNAL FEDERAL NATIONAL mTG ASSN 3136FCLO5 .1 SERFS 353 CUSS 2 5.000 DUE 07/01/34 07/05/05 JOURNAL FEDERAL NATIONAL mTG ASSN 3138FCL06 1 SEINES 353 CUSS 2 5.000 DUE 07A)1/34 07/06/05 07/05106 SOLD DUE 05/15/201S 04.125% MN 15 09887269%8099 YEID 4.108 %TO MATURITY GVER REF a 01864824 Al UNITED STATES TREASURY NOTE 912828099 -15.003,000 100.13281 15.010.921.87 ACCR. INT. 87.432.07 07/06/05 07/05/05 BOUGHT UNITED STATES TREASURY NOTE 9128280W) 6.000.000 99.413928 5.969.296.88 cut 05/311200703.500% IAN 31 MCA. M. 20,555.73 0988020592099 VELD 3.780 %TO MADAM' OVER REF • 61864858 Al 07/07/05 07705/05 SOLO UNITED STATES Wag' IRY NOTE 912828099 -10.000.0:0 100.34375 10,034,375.00 DUE 0915/2015 04,125% IAN 15 ACCR. INT. 59.408.97 0988016192099 YIELD __,412432 %TO MATURRY OVER REF • 01872700 Al 07/11/05 07108/05 BOUGHT UNITED STATES TREASURY NOTE 912828099 15,000.000 100.35156 15,052,734.37 DUE 05/15/2015 04.125% MN 15 ACM. INT. 96839.00 0986003592099 MELD 4.081 % TO MATURITY OVER REF • 61694318 Al 027 0740004:874% 001 10156 EFTA01260370 CuLA.10 MAMA in »iota OtaiD MASONRY 0 -n in r 990T5£00- IA19- ANGS BEAR STBNRNS OFFICE SERVICING YOUR ACCOUNT Gear. Steams & Co. Inc. 383 Madded Avenue New York. New Yea 10179 9 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETIUNIEW TRADE DAIE OATE TRÅNS4CMOM ECCRWMCM 07/11/05 07/08)05 BOUGHT UNITED STATES TREASURY NOTE DUE 05/31/2007 03.500% IAN 31 SPECw. PISTRIJC1CMS YIELD 3 782 %TO MATURITY OVER REe S 01893571 43 WNW OM1/05 07/08/05 SOLD UNITED STATES TREASURY NOTE WE 0600/2007 03.625%10 30 SPUME 9:ST8'00008S YEW 3.751 % TO MATUTHIY GVER REF # 01893570 A3 VIVA:8 07/12/05 07/11/05 SOLD UNITED STATES TREASURY NOTE WE 05/1 5/2015 04125% MN 15 0988030592099 YEW 4.123 % TO LIATURITY GVER REF • G1923743 Al 07/14/05 06,0605 CANCEL SELL FNMA 30YR TBA GTD SETT. 07/05 DUE 07/010035 06.000% 0987797115332 REF • 2005060757140:00 OS AS OF 0805/05 70 CAL PREVIOUS SW. 07/14/05 06/07/05 CANCEL SELL FNMA 30YR TBA GTD SETT. 07/05 WE 07/01/2035 05.000% 0987797115332 REF S 2035080757140000 BS AS OF 03/07/05 TOGO 'REMUS SELL 07/14/05 05/03/05 BOUGHT FNMA 30YR TBA GTD SETT. 07/05 DUE 07/01•2035 05.000% 0967091011332 REF • 2005050357110900 8$ ~Swim ~us CAA DrM IMbetecet Clete, Mat &cony% We rol 11201.3851 FINANCIAL TRUST CO INC STAMINA!' elreCO SA/1.Ø5 mana JuM 29. 2005 ACCCIAT ~AAR 02 TANAATEM NAME* On Fie LAST STÅTETANAT kne 30.2005 auunTry PRIX CON ANEW CAM 'MOUNT 9126280W7 28000.030 99.52344 ACCR. M. 9128280Y3 -28.000.000 99.76172 ACCR. MT. 912828099 -15.0O3.003 103.01563 PCCIT. WT. 5/190797 15.000,003 99.59375 5/180787 15.000.000 99.59375 5/180797 15,000,000 100.21875 27,866,562.50 109.781.42 27.933.281.25 30.339.67 15,002,343.75 97.520.38 14.939.062.50 14.939.062.50 15.032.812.50 0>7 0111006.1001 COI 1686 EFTA01260371 BEAR STEARNS OFFICE SERVICING YCUR ACODINT Bear, Steams & Co. Inc. 383 Ma:Mon Aronue New yea, New York 10179 10 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) RITLThENT TUX DOE art TRINSACTICel moos 05/0/3/05 CANCEL SDI 0 0 07/14/05 0623/05 BOUGHT E I C in z 07/1405 07/14105 06/06/05 06(07/05 SOLD SOLD r 07/14105 06103/05 CANCEL BUY 07/14105 05/05/05 SOW L9OTSEOCIN9- ANGS I8 IJ IJ -a COCFSPrOw FNMA 3orrt TBA GTO SETT. 07/05 DUE 07/01/2035 05.000% 0987021011332 REF * 2005050657440000 AS OF 05/08/05 TO CXL PREVIOUS SELL ROM 30YR TBA GTO SETT. 07/05 CUE 07/01/2015 05.030% 0987022118099 REF It 2005062357210000 FNMA 30YR TBA GTD SETT. 07105 DUE 07/01/2035 06.000% 0987797115332 RU OF • 2005050757140000 AS 05/0105 FNMA 3002TBA GTD SETT. 07/05 CIE 07/01/2035 05.000% 0987797115332 REF • 2035060757140000 FNMA 30YR TBA GTD SED. 07/05 DUE 07/01/2035 05.000% 0987021011332 AS REF OF 08/03/05 • 2005060357110300 TO 03. PREVIOUS BUY FNMA 30YR TBA GTO SETT. 07/05 MR 07/01/2035 06.000% 0987021011332 REF 5 2005050657440000 BS CLEANED ',Star.. re ..••••OLLY OwnED SuesOARY Deer. SlebTS SWAMI Cap 0-e Warmth Cat Pen Omar. Kea York 111014469 FINANCIAL TRUST CO INC STAlliMeinT Pelnea en 1.2105 THROUON Ay 29.2005 sccouNT humane texPAYIR WAWA On it tar STATCYeNT June 3a 2035 SOMOUtoSii 840.8n, Ma OM MOW CREDIT Moat 5/60797 30,000000 9841953 29.555.859.38 BS SA80797 30.000.000 99 96094 29.988.281.25 85 SA80797 45000.020 99.59375 14.939.082.50 BS 5/80797 -15.000,000 99.59375 14,939,062.50 BS 5/80797 -15.000,000 100.21875 15,032,812.60 BS SA80797 40.000.000 98.51953 29.555.859.38 027 0711006.11102 001 roll EFTA01260372 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 IIAS6SOn Avenue York New Wyk 10179 11 as Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SCMOiOn nt4ot DAN TROCACTON 07/14/05 06/23/05 CANCEL BUY ii 07/14/05 05A36+05 CANCEL SELL C in 07/14/05 05/19/05 BOUGHT 07/1 4/75 05/23/05 BOUGHT r 07/14/05 07/07/05 BOUGHT 0714/05 oseees CANCEL SELL 890TS£00- 019- ANGS I8 IJ aU O IJ DESCROTION FNMA 30YR TEM GTO sm. 07/75 DUE 07/0112035 05.000% 0987022116099 REF 41 2005062357210000 BS As or 06/21•05 To co. FREL03us BUY FNmA.30YR(FILIMOG7I) SETT.07/05 DUE 07/01/2035 05.500% 0967280211332 REF S 2005050657450000 85 AS OF 05406105 To 0o. PRENnous SELL FNMA-30yR(FNm)GID sETT.07/06 out 07/01/2015 05.500% 0987280211332 REF e 2005051957050000 85 FNMA.30YR(FNIAMG71) SETT.07/06 CUE 07/01/2035 05.500% 0987135514332 REF • 2005052157100000 85 FNia.30yR(FNmA)GTI) sETT.07/05 DA 07/01 /2035 05.500% 0987022118099 NEE • 2005070757300000 OS FNMA-30YR(FNMA)GTO SET7.07/05 at 07/01/2035 05.500% 0987016110332 REF • 2o:6052657180000 its AS OF 05/26005 TO C78 PREM.* SELL STIAIWCUSI, Owen aea 5/80797 -30.0O3.000 99.95094 5/82870 30.000.000 100.51563 SA82870 30,000000 100.86719 SA82870 30,000.000 101.00000 SA82870 30,000.000 101.11719 SA82870 60.000.000 100.95313 0.4.00) wordm rrs .wale Ora, 800501.0re Oa Swans Somas Cap Or Macro. Gorr 10,11 Brown. Sc'. Ton 111914,50 FINANCIAL TRUST CO INC STATEMENT POOCO 1U111, 2505 /141003H July 29. 2005 „AM '<COW, WNW 'warren LAST sTATtlitrY 5.1011 30.2005 Aali CROW PAW 29.968.281.25 30.154.687.50 30,260,156.25 30.300.000.00 30,335,156.25 60.571.875.00 017 Cotb301:100) 001 4096 EFTA01260373 rn 8 b.) IJ -n C in r 690TS£00- 019- ANGS BEAR STEARNS Offla SERVICING YOUR ACCOUNT Bear. Steams b Co. Inc. 383 Madison Avenue nt 10179 12 ers2 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) seinweir CATE mot DM TRIMACTICM otscasnal SYSICS/CUIPP GUMMY met our AMOUNT eel MORD 07/1405 05.06/05 SOLD INSA‘30YR(FNMA)611) SA82870 -30.000.000 100.51563 30.154.687.50 SETT.07/06 CUE 07/01/2035 05.500% 0987280211332 REF C 2005050557450000 BS 07/14/05 05/19/05 CANCEL BUY FM14.0-30YINFNMAIGTO 5482870 -30A:00.000 103.86719 30,260,156.25 SETT.07/05 DUE 07/01/2015 05.500% 0987280211332 REF • 2005051957060000 BS AS OF 05/19/05 70 at PREVIOUS BUY 07/1405 05)23105 CANCEL BUY FNMA-30YRIENWQMD 5A/32870 -30.000,020 101.00000 30.300.000.00 SETT.07/05 DUE 07/01/2035 05.500% 0987135514332 REF • 2005052357100000 BS AS OF 05/23/05 TO CIO. PREVIOUS BUY 07114/05 07/07/06 CANCEL BUY FNMA.30YRITNIAWGTO 5482870 •30.000.000 101.11719 30,335.156.25 SETT.07/05 DUE 07/01e2035 05.500% 0987022118099 REF • 2005070757300000 85 AS OF 07A)N05 TO C31. PREY JS BUY 07/14105 05/26/05 SOLD FNMA-30YRIFAIMAIGTEI SA82870 -60.003.000 100.95313 60,571,876.00 SETT.07.06 DUE 07/0112035 06.500% 0987016110332 REF e 2005052657180000 BS 07/14/05 06/06/05 BOUGHT FNMA 30YR cm SA82896 50.000.000 102.60547 51.302.734.38 Stn. 07/05 DUE 07.01/2035 06.000% 0887797115332 REF 2005060757180003 BS AS 06/06/05 Of• CLEARED THROJCAI ITS xpµv 00040 ISMMARY CALL Sams Swats Ws. Weassh Ems 10stn v 11201-3859 FINANCIAL TRUST CO INC STATIVILT PFAKX. A. 1.2005 notOcCol Sty 29 2005 ACCOLos suuSLA TAXPAYER PLASM LAST /CATMINT Are 10.2005 CD? 0740C9c1009 om VOI6 EFTA01260374 rn 8 IJ IJ IJ ii C rn r OLOTS£00- 019- ANGS BEAR STEARNS OFT ICE 5ERVICROO TOUR ACCOUNT Beat. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 13 o'32 Transaction Detail (continued) INVESTMENT ACTIVRY (annum* SE/71MM DAM /PAM OAT laNSACTO4 OLSCRIMON SeeSet/CUSP OLIAMITI PACE 0880 AuCtril CA= A/A310/1 07/14105 06/03/05 CANCEL SELL FNMA 30YR GM 5A82896 50.0701700 102.79688 51.398.437.50 SETT. 07/05 DUE 07/01/2035 06.000% 0987021011332 06.03/05 RE OF F • 2005060357070000 8S A TO CAL PREVIOUS SW. 07/14/05 0006/05 CANCEL BUY FNMA 30YR GTO 5A82896 -50.000.000 102.60547 51,302,734.38 WI. 07/05 DUE 07/0112035 06.000% 0987797115332 REF it 2005060757180000 8$ AS OF meets TO CXL PREVIOUS BUY 07/14105 06/03105 SOW FNMA 30YR GTD SA82896 -50.000.000 102.79688 51.398.437.50 SETT. 0705 DUE 07.01/2035 06.000% 0987021011332 REF • 2005060357070000 BS 07/15/05 07/14105 SOW UNITED STATES TREASURY NOTE 9128280W -3.000.000 99.56250 2.986.875.00 DUE osnsims 04.125% IAN 1$ ARC% INT. 20412.91 03138016192099 YIELD 4179%10 MATURITY GVER REF • 61953286 Al 07/15/05 JOURNAL FANNIE MAE CMG/SERIES 2003-52 313930538 -1 8S-10 FUR 3.785 DUE 07/25/17 ADJUST POSITION 07/15105 JOURNAL FANNIE MAE CIAO/SERIES 2003-52 313930538 KS-SD FUR 3.785 CAR 07/25117 cantvos JOURNAL FANNIE MAE CMO/SERIES 200342 31341m18 1 ILS-PO FLTR CIAARID 111901.04 ITS WoOLLY OAK° SuSSO/ARY Pte. Sun Swum% OAP Ore Meeretech CRv 1 Scalert New Mc 1201 3858 MC Veneer /18/00 AO) 1.2005 7mA0u0.1 kb 29. 2005 ACCOurt /duw8ER TPAPANIR lairefA LAST 87ATEena AS* 30.2005 3.785 DUE 07/25/17 027 070003.1000 091 Y4M EFTA01260375 0 -n C in r ILOTSEOCIN9- ANGS BEAR STEARNS OFFICE SER./KEG YOUR ACCOUNT Sete. Stearns & Co. Inc. 383 Mahon Avenue New York New Yak 10179 14 an ctrAREO T7073itat ITS %easy CM7JED St.ssrOWIY Neer. Stearns Servitor Cap. Ore Weropstri Celle, freely% Nee Talc „201.3450 FINN4C1AL TRUST CO INC Sinliatia Pc rp00 my 1.201.5 1MACOOTI kip 29. 7005 Transaction Detail (continued) INVESTMENT ACTIVITY (=fled) SETWAINI VAX OAR OAR 19114049011 auroral 26410UOLISIP OLIINITN pact ACCCVTIT VOA., TAXPAYER ParsAleR CAST STATEMENT amt AMOUNT Air 30.2025 CROY, $1.400./ 07/20/05 07/19/05 SOLD UNITED STATES TREASURY NOTE DUE 05/15/92099 2015 04.125% kw 15 9128280W -5.COO.000 99.14063 4.957.031.25 09880005 ACCR. INT. 36.990.49 YELD 4.232% To hwuRITY VTR REF # G2032321 Al 07/20/05 PRINCIPAL GOVERNMENT NATIONAL MTG ASSN 3837161115 -159.999 SERIES 2004-035 CLASS SP 3.940 72/20/29 PRINCIPDUE AL RED 07-20-05 07/20/05 PRINCIPAL GOVERNMENT NATIONAL MTG ASSOC sERES 2C04-041 CLASS SE 38374GYSs -145.015 WE 05/20/30 PRINCPAL RCDUCTN 07.20.05 07722105 07/21/05 SOLD UNITED STATES TREASURY NOTE CuE 05115/2015 04.125% MN 15 9128280W .5.000.000 98.93750 4.948.875.00 0998280293099 nELD 4358 %TO MATURITY at MT. 38.111 41 0/ER REF • 62025180 Al 07/25/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN SEWS 329 CLASS P0 3136FAWE6 118.834.50 DUE 01/01/33 5TRP ROI WO 06-05 PM 07-2545 REPO P & I 0.0000 07/25/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 356.503.50 DUE 01/01/33CLASS STRIP PRN RID 06-05 PM 07.25476 REPO P 8 I 0.0000 07/25/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 31393C2C6 -301382 SERIES 2003-49 MASS SW 3 685 DUE /2 PRemPAL RE 01DU5/CTN 33 07-25-05 027 07/3001,1009 001 nap EFTA01260376 -n C rn z r ZLOTSEOCIND- ANGS I8 b.) 1.2 aU BUR STURNS OFFICE SERVICING TWA ACCOUNT Beer. Steams & Co. Inc. 383 Madison Avenue issior 10179 15 te 31 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 821111:14/10 MOE DATE DPI IR/O5ACIVN OLSCRIPT/311 07/25/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 159.318.90 SERIES 346 CLASS 1 ME 11 0143 PRP/ IUD 0805 P007.2545 REPO P 5I 0.0000 Son3OUCUSP CLEARED THROUGH ITS VoiCt0r 080.110 SUISOLOW 802/. Perm Swan Ca'. MeOtOtch C., Nog ism 11201.3859 FINANCIAL TRUST CO INC STATININT Pam .L 1.2005 natOLGN ilk 2t 2005 ACCOUNT 1222011 TAXPAYER Pa1We 58.51 STATONNT 11819 30. 2005 0221a09 ncr DEW AMCCO1 MDT MOAT 07/25/05 PRINCIPAL. FEDERAL NATIONAL MEG ASSN 313EICEIC9 318.637.80 SERIES MSS I WE 346 11/0 PIM R/D 08-05 ND 074545 REPO P SI 0.0000 07/25/05 PRINCIPAL FEDERAL NATIONAL MEG ASSN 3138FEKC9 219038.40 SERFS 352 CLASS I 0.001 DUE 0801/34 PRei aro 06-05 RD 07.25-05 REPO P &I 0.0005 07/25/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3138FCC9 503.786.32 SERFS 352 CUSS 1 0.001 DUE 07/01/34 PM RFD 06-05 PC 07-25-05 REPO P 81 0.0000 07/25/05 PFONCIPAL ALTERNATIVE LOAN TRUST 12667FG66 -704.874 SERIES 2004-3003 CIASS 1-A-6 1.785 WE 024545 PRINCIPAL RECUCTI407.25.05 07/29/05 07/28/05 BOUGHT UNITED STATES TREASURY NOTE 912828063 20.000.000 99.37220 19,874,440.00 WE 064012007 08625%10 30 ACCR. INT. 57.133.15 0988778197972 MD 3.966% 10 mauRrTY GYER REF a 02094228 A3 AS OF 07128/05 07/29/05 07/28/05 BOUGHT UNITED STATES TREASURY NOTE 912828DY3 23.000003 99.35156 22,850,859.38 Ca 06/30/2007 03.625%10 30 ACCR. INT. 68703.12 0388016192099 YIELD 3.978 %TO NuTuRITY GVER REF a 02092992 En 022 07000610,09 CO1 EFTA01260377 0 -n C rn r ELOTSEOCIN9- ANGS I8 E.) IJ 0') BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns & Co. Inc. 383 Madison Annus 10179 16 s 32 Transaction Detail (continued) INVESTMENT ACTIVTTY (continued) SETREUDIT OAR 07/28/06 MOE DAR EVASACIICD 07/28/05 BOUGHT DESCRPIDI4 UNITED STATES TREASURY NOTE DUE 06/30/2007 03.825% JO 30 0988016192099 VELD 3.978 % TO MATURITY OVER REF e 02092992 Al VINO/CUSP 912828073 CRIO110 50.000.000 ACCR. INT. PRICE 99.35156 REARED DEICRYAN ITS WICLLY OATIE0 SUSSICLARY boo Spans StarbeL COLA Or IA•infecn Cyber ROT Re. Vert 02015859 FINANCIAL TRUST CO INC STATEMENT PEAKY APjr 1, 2005 !MOWS my 29. 2005 ACCOPit TAXPAYER NWSER en PP LAST STATEIATST Arse 30.2005 our AlICUIT 49.675.781.25 142.832.88 mon warn TOTAL 3530359.744.69 5536.710.173.30 DEPOSITS AND WITHDRAWALS OAP 07/73/05 END WIRED MANSAC11014 CESOOTTIEN OLINT ALIOULIT 71345.00 CREDO MOUSY MDA/PG9172491FNEGYARED TO BANK OF AMERICA NA. NJ X9421211544 04248194 TOTAL 5.71345.00 INTEREST ONE OESCRPTION 07001/05 AVG ISAL 425,265R7 2.798 021 MICE INTEREST 0605 07/15/05 FEDI. NOME LOAN MTG CORP/1510109 SERFS 227 MSS 10 DUE 12101/2034 5.000 in RD 08-05 RD 07.15-05 REPO Pa I 5.0030 07/15/05 FEDI NOME LOAN NIG CORPOS10109 31282YDN6 VIANIEJOS 31282YDN6 EMMEN SATE OEM AUCUNT CRUZ MOM 779.00 • SIRES 227 CLASS 10 DU O E 12/01/2004 5.003 P 9/0 MOS RD 07-15-05 REPO P a I 5.0000 5.0300 39.80337 5.0000 79,607.03 021 01/30/081009 031 EFTA01260378 CLEARED TH/NOVIN %MOLLY OMCD 621 8 IJ IJ -n C rn r PLOT SE00-019-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue Y k 10179 17 can Transaction Detail (continued) No. Sten SOCUlin Cap. dw ihrrcod. Caner rein 11201.3659 FINANCIAL TRUST CO INC STATIASCI PERO° July 1.200$ n0000, 4 July 29.2005 ACCOLKT WAII3811 TISPAVOI .11.11/04 on na INTEREST (continued) WT STATIMONT 30.2005 DM ofienn36 5641)06CUS• 0.win-r RAM 041 OM AAKPNI CREPT AMOUNT 0725/05 FREDDIE MAC CMO/SERIES 2886 31395)210 4.0800 12.000.87 SC FUR -90 E W 07115/2019 4.080 HT RC 06.05 ND 07.15-05 REPO P A I 4.0800 0711505 FREDDIE MAC C/.40FSERIES 2886 31395J2118 4.0800 17,174.136 SC-10 FAIR DUE 07/15/2019 4.08D INT RID 0545 P/D 07-15-05 REPO P & I 4.0303 07/15105 FEDL HOME LOAN MTG CORP.S10110 31282VDP1 6.0000 89.798.51 SERIES 228 CUSS ID DUE 02/01/2035 5.020 NT R/0 06-05 ND 07.15-05 REPO Pa I 60000 0720105 GOVERNMENT NATIONAL MEG ASSN 38374F087 3.6900 54.120.00 SERFS 2004-5 CUSS PS DUE 02/20/2013 890 3. 0.05 114/ R/006-05 PM 07-2 REPO P a I 3.6900 0712006 GOVERNMENT NATIONAL MTG ASSN 383741087 •••• 3.8900 81,180.00 SERFS 2004-5 CLASS PS DUE 02/2012033 3.690 INT WD 06-06 WO 0740-05 RFPOP&I 3.6903 07/20106 GOVERNMENT NAMNAL MTG ASSN 383741676 3.9400 80.213.91 SERIES 2004-30 CUSS SU DuE 0220/2032 3.940 NT Rio 06-05 P007.2005 REPO P a 1 1.9400 07/20/05 GOVERNMENT NATIONAL MTG ASSN 38374GRIS 3.9400 48.577.07 SERFS 2034435 CLASS SP WE 1220/2029 1.940 INTEREST PAYMENT 07.20-05 07/2005 GOVERNMENT NATIONAL MTG ASSOC 38374GY55 48.698.94 SERIES 2004-041 CLASS SE DuE05/20/2030 0.000 MEREST PAYMENT 07-20-05 on 074606:10.01 901 N•11 EFTA01260379 L9LaZOO-V1,43 0 m r _ SLOTS£00 IND ÄNGS BC-AR ST&RNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Malson Avenue 1 0179 18 ,f Transaction Detail (continued) INTEREST (continua) awed iinCraGn tTS xrwOLLY anNE0 du:SUARY Sa. liars Sattnas Ca. PAerUtO, Cesar Mom Yces 11201.380 FINANCIAL TRUST CO INC STATaiehT mama kty 1. 2005 T4ROuciol my 29. 2005 Ar-COuNt NI'S TAXPAYER mimeo On Ile 1147 trrATeima Am. 30.2005 EtRevram STIROXVIP MAXIM fun a) Men MOW ULM AM0.1117 07/25/05 FANNIE MAE CMO/SERIES 2003-13 RCR-10 FUR 3139221:R2 4.6850 48.392.65 OUE 03/25/2033 4.685 MT ND 08-05 Pitt 07-25-05 REPO P 6I 4.8856 07/25/05 FANNIE MAE CM(VSERIES 2003.13 TitR400 FUR 3139210K2 4.6850 48.392.65 DUE 03/282033 4.685 NT WD 06435 RD 07-25-05 REPO P 61 4.6856 07/25/05 FEDERAL NATIONAL MTG ASSN SERBS 2003-49 CLASS SW 31393C2C6 3.6850 38.356.92 DUE 01/25/2033 3.685 INTEREST PAYMENT 07-25-05 0725/05 FANNIE MAE CAC/SERES 2003-52 K540 FLTR 31393CS38 3.7850 23.016.25 DUE07/2512017 3.785 NT R/O 06-05 P/007-25-05 REPO p 8I 3.7856 07125835 FANNIE MAE CMO/SERIE$ 2003.52 85-80 niR 313930538 3.7850 30.311.59 DUE 07/25/2017 3.785 INT RID 06-05 WO 07.25-05 REPO P 6I 3.7856 02,28/05 FEDERAL NATIONAL MTG ASSN SERIES 353 CUSS 2 3136FCID6 5.0000 38.209.31 DUE 07/01/2034 5.000 NT RD 06.05 P1007-2505 REPO P 6I 5.0000 07/25105 ALTERNATP/E LOAN TRUST SERIES 2034-3008 CUSS 1445 12657FG66 1.7850 55.137.24 DUE 02/25/2035 1.785 67EERss1 PAYMENT 07.25-05 ;OTAL 5934.470.31 :" 30105 10 09 CO' steS EFTA01260380 89LaZOO-Vin 0 m cim H r 9LOTS£00 LAID ANDS BEAR STURNS OFFICE Sf WO% YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue 1C179 ri 19 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Stearns2 Co.Inc. SETILDADO Met OATE 0.02 I 7.203240:14 023CIWTOni 31%00=6. 0.11WIT DUO MAttra CRUM AMOUNT 07101/15 RECEIVED UNITED STATES TREASURY NOTE 9128280Y3 65.000.000 65.162.500.00 DA 06/30/2007 3.625 3,_625 DUE 06/30107 FTTIA F1821133 Al RESALE AGREEMENT =ARLO 0010007. ITS $771,741Y 0.000 MsONW Br Sian Coons WC Ora Moteloln CAS Moth Nee Tot 1120I4ES9 FINANCW. TRUST CO INC STATBIEcT FOAM AJ 1.2035 THROJO4 Ay 29.2005 ar07..2.1 suulScR TWAYER roaMER on Fro LAST STATEMENT Ant 30.2035 07/06/06 JOURNAL UNITED STATES TREASURY NOTE 9128280W -13.000.000 13.097400.00 nlm F1870343 Al 4.125 DUE 05/15/15 REPO AGREEMENT 07106/05 JOURNAL UNITED STATES TREASURY NOTE 9128280V9 28.000.000 28.210.000.00 RIM F1730506 A2 4.125 DUE 05/15/15 TERM REPO AGREDATINT 07/06/05 RECEIVED UNITED STATES TREASURY NOTE 9128280W7 28.000.000 28.035.000.00 DUE 05/31(2007 3.500 3.500 DUE 05/11.07 ATM F1870345 Al RESALE AGREEMENT 07/16105 DELIVERED UNITED STATES TREASURY NOTE 9128280W? -34.000.000 34.127.500.00 DM 05/31/2007 3 3.500 DUE05/31/07.500 Enti F1780714 A2 TERM RESALE AGREEMENT 07/06/05 INTEREST UNITED STATES TREASURY NOTE 912828DV9 29.304.03 DUE 05/15/2015 4.125 Emu F1730506 A2 REPO MEREST 07/06405 INTEREST UNITED STATES IVANIRV NOTE 9128280W7 21,149.57 01. 05/31/2007 3.500 RDA F1780714 .42 MATE MEREST 07/07/05 JOURNAL UNITED STATES TREASURY NOTE 912828003 -3.030.000 3.022.500.00 VITA F1880642 Al 4,125 DUE05115M REPO AGREEMENT 027 07.3DOLICt00 001 VOIS EFTA01260381 69b2ZOO- V1-43 0 -n m r LLOTS£00 IND ÀNGS BUR STMRNS OFFICE SERVICING YOUR ACCOUNT Bey. SteamS & Co. Inc. 383 Medial Anrea New Ye. New York 10179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) sin immt real oat mo muwentei mmewnow snlmeCiAw WWTITY OCUT micoNT 07/07/05 JOURNAL UNITED STATES TREASURY NOTE 912828099 11000.000 13.097.500.00 FITM F1870343 A2 4.125 DUE 05115)15 TERM REPO AGREEMENT 07/07/05 INTEREST UNITED STATES TREASURY NOTE 9128280V9 1,055.06 COE 06e15/2015 4.125 MU F1870343 *2 REPO INTEREST 07111705 JOURNAL UNITED STATES TREASURY NOTE FITM F1880642 4.2 4.125 COE 05.16n5 TERM REPO AGREEMENT 07/11/05 JOURNAL UNITED STATES TREASURY NOTE 9128280V9 .18,000.000 18,090,000.00 FITM F1920414 Al 4.125 OuE 05415(15 REPO AGREEMENT 07,11/05 DEUVERED UNITED STATES TREASURY NOTE 9128280W7 -28.003,CCO 28,035,000.00 DUE 05/31/2007 3.500 3.9:0 DUE 05/31/07 FDA F1870345 A2 TERM RESALE AGREEMENT 07/11/05 DELIVERED UNITED STATES TREASURY NOTE 912828DY3 .65,000.003 65,162,500.00 DUE 0640/2057 3.625 3.625 DUE 06/30/07 DIM F1821133 A2 TERM RESALE AGREEMENT 07711/05 RECEIVED UNITED STATES TREASURY NOTE 912828DY3 93.000,000 93.116.250.00 DUE 08/3042007 3.625 3,_625 DUE 08/3007 FITIA F1920416 Al RUNE AGREDAENT 07111/06 INTEREST UNITED STATES TREASURY NOTE 9128280V9 1,022.61 OUE 05,415/2015 4, MIA F1880642 A2 126 REPO INTEREST CILWFo neOuCer Re Mete °TINED StESCAler bar. Seem Sotelter Corp Ow ttetrozat Cerra Nit fronEn. Moo at 1201.3859 FINANCIAL TRUST CO INC STATD/ENT PERK° My 1.2005 new> My 29.2005 ACCOuNT MAMA tontlit MULE/ER CT1 Fie UST STATEMENT Az. 30.2005 OtEDIT AMOUNT 91282809 3.000.000 3.022.500.00 OTT 07/30IESTICHO 001 VMS EFTA01260382 -n C in r SLOTS£00- 019- ANCIS I8 IJ IJ --J 07 BEAR STEARNS oucE SERvicaxe YOUR ACCOUNT Beer, Stearns & Co. Inc- 383 Mackson Avenue rk 10179 21 an (LAUD ThitC0901 RS voiatx awe WII.OtAlIs• OM. SIM% $00ati Co. Ov _J, C— Wei Indor. MCM very II2olaasa FINANCIAL TRUST CO INC SUMS." PERO* July 1.2005 nnww .1.11 29. 2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) AC ow: %mon at maeot MAGER Cr, Rio LAST STATEue,rt Ate 30.200.5 fl aw! Ma DAR DATE MULSALIKIN DESCAIITON SnolOLCU9P ocean meri AMOLOR CREW! AIXOIT 07/11)05 INTEREST UNITED STATES TREASURY NOTE 912828DV/7 8.099.03 DUE 05/31/2007 3.500 FM F1870345 A2 RESALE MEREST 07/11/05 MEREST UNITED STATES TREASURY NOTE 912828073 47,749.63 DUE 06/30,2007 3.625 FILM 8621131 A2 RESALE INTEREST 07/12/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 -4.805.740 3.562.000.00 WOES 329 CLASS PO DUE 01/01/33 STRIP FM F1933197 Al REPO AGREEMENT 07/12105 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 405.740 3,652,000.00 SERIES 320 CUSS PO DUE P01/01/33 STR FM F1683150 AZ TERM REPO AGREEMENT 07112(05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 .14.417.221 10.686.000.00 SERIES 329 CLASS PC OUE 01/01/33 SIRE MIA F1933193 Al REPO AGREEMENT 07/12/05 JOURNAL FEDERAL NATIONAL MEG ASSN 3136FAWE6 14.417.221 11.102.000.00 SERIES 329 CUSS PO DUE 01/01133 STRIP FM F1613178 A2 TERM REPO AGREEMENT 07/12/05 JOURILN. FANME MAE CMOJSERIES 2003-13 31392JDK2 -12.393.489 946.000.03 S R01.80 FUR 4685 WE 03/25/33 RTM F1933199 Al REPO AGREDAD0 027 07/2004.1009 00I V99$ 4 EFTA01260383 Fn 8 IJ IQ! —J 0 0 E I C in r 6LOTS£00-019-ANGS BEAR STEARNS OFFICE SERVICING YOUR MWEWT BeN. Steams & Co. Inc. 383 Madison Avenue 10179 22 Of s7 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (commune 5011138341 DAZE MOE DAII TPROC11014 DES011/71.81 PIAM1.00.1119 WARM DEMI AMUR CREME m401.90 07/12/05 JOURNAL FANNIE MAE CIAO/SERIES 2003.13 31392.1082 12.393.489 984.000.00 S RCR80 FUR 4 685 DUE 03/2543 Firm F1613176 AZ TERM REPO AGREEMENT 07/12/05 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS I 3136FCBC9 -6.808369 5.C613.000.03 CUE 11/01/33 FnIA F1933203 Cl REPO AMDAM 07/12/05 JOURNAL FEDERAL NATIONAL WC ASSN 3136FCBC9 6.805.369 5,241,030AM SERIFS 348 CLASS 1 DUE 11/01/33 RIM F1813188 CZ TERM REPO AGREEMENT 0742/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FC8C9 13.610,739 laCOGCMCO SERFS 346 CLASS I DUE 11/131133 ATM F1683152 AZ TERM REPO AGREEMENT 07/12A)5 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS 1 3136FCBC9 .13,610.739 10.120400.00 CUE 11/01/33 FRU F1933195 Al REPO AGREEMENT 07/12/05 JOURNN. FEM. HOME LOAN MTG COPRRS10109 31282YDN6 187181686 3.758.003J:0 SERIES 227 CLASS ID 5000 WE 12111(34 mm F1813188 A2 TERM REPO AGREEMENT 07112/05 JOURNAL FEDL ICME LOAN MEG CORPPS10109 SERIES 22 CLASS ID 3128270NR -18.891,486 3.788.000.00 5.000 /34 DUE712/01 ctEMED 0.000 Fes MOLLY 00 e WeSordav lest. Seams Sa:veeraCo Pie MeLroup0 en Main 02Cn41159 FINANCIAL TRUST CO INC rrmeuenv Ammo niv 1.2005 z99033/1 Aty 29. 2005 ACcOuPer µPAW rOeOleg UAW On Fie Lan 30.17lar0 June 30.2005 11TM F1933203 Al REPO AGREEMENT . . . . . . . . . . . . . . . 078.1116:100. C01 wee EFTA01260384 =ARID 11.1KOGM ers WHOLLY OANCO SUIVOUJIY rn 8 IJ nJ t.o.) --J 1.0 0 -n in r 080TS£00- O19- ANGS BEAR STEARNS MICE SERI/ICING YOUR ACCOUNT Beer. Stearns & Co. Inc. 363 Madison Avenue New York. New York 10179 23 as Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 5FIRDIOR MADE DAR DATE MAMMA DINCAIMICM 07/12/05 JOURNAL FREDDIE MAC CMO/SERIES 2888 SC40 FUR 4000 DUE 07/15119 FILM F1933201 Al REPO AGREEMENT 07/12/05 JOURNAL FREDDIE MAC CMOISERIES 2886 SC-10 FLIR 4,080 DUE 07/15tI9 NEM F1613188 A.2 TERM REPO AGREEMENT 07/12/05 JOURNAL FEDI HOME LOAN MEG CORPIPS10110 SERIES 228 CLASS I) 6.000 DUE 02/01/35 RIM F1813186 82 TERM REPO AGREEMENT 07112/05 JOURNAL FEDL PCME LOAN MTGCORPOS10110 SERIES 228 CLASS 13 6.000 DUE 02/01/35 FILM F1933203 81 REPO AGREEMENT 07/12/05 JOURNAL UNITED STATES TREASURY NOW FRM F1930481 Al 4,125 DUE 05/15/15 REPO AGREEMENT 07/12/05 JOURNAL IRMO STATES TREASURY NOTE RDA F1920414 A2 4,125 DuE 0505n5 TERM REPO AGREEMENT 07/12/05 INTEREST FEDERAL NATIONAL MTG ASSN SERBS 329 CUSS PO STRIP DUE 01/01/2033 COCO rem F1683150 A2 REPO MEREST Srmiaicasw —my 31395J2148 -3.529.667 3139512M 3.529.667 31282YDP1 17,428.411 31282YOP1 -17,428,411 9128280V9 -3.000.000 912828DV9 18.000.000 3136FAWE6 loar Swims Scones Cap. Dal Wawa, Crow Myr, 11201.3859 FINANCIAL TRUST CO INC siArnithl PERCO hay 1,2005 Txitoucai My 29.2005 ACOCONT WISER TAXPAYER µPAPER OR n• ',AST sTA7ExieNT AMID 'D. 2005 DM MOM MOO MOAT 197.000.00 206,000.00 2.762000.00 2.818.000.00 3.011.250.00 18,090,000.00 8.521.33 cat 01/3005.1001 031 VMS EFTA01260385 rn 8 -4 0 ii5 m r ISOTS£00- 019- ANGS BEAR STEARNS OITICE SERVICING YOUR ACCOUNT Bear, Steams & Co. Inc. 383 mown Avenue Neve Y 10179 24 a 3≥ 0-LAIDD DDC.4.4 Na wacautr °AWED SLAXSOODRY Sew Dan Sion*. Cap. Or. Menu° Cow NOM We yak 11201.3811 FINANCIAL TRUST CO INC STATE...De Fire00 Jul/ 1.2035 1100112311 lea 29.2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (COD611.114 StmnAtet TRADE OAT OAT 1RUZSACTION OESCDPIGN STADXRUSS1 OWMTIM OMIT /MOW ACO2UNT Meet. en TAXPAnit Duman LAST VATTED, kr* 30. 2005 C.2011 AISYST 07/1205 0711205 07/12/05 07/12/05 07/12/06 07712/05 07n 2/05 INTEREST INTEREST INTEREST INTEREST INTEREST INTEREST INTEREST FEDERAL NATIONAL MTG ASSN SERIES 329 CUSS PO DUE 0101/2033 0.000 FRM F1613178 AZ REPO INTEREST FANNIE MAE CMO/SERIES 2003.13 S RCR-VO FUR DUE 03002803 4.685 071.1 roue F1613176 s AZ REPO FEDERAL NATIONAL MTG ASSN SERIES 346 CUSS 1 DUE 11/01/2033 0.000 RDA 51613188 C2 REPO INTEREST FEDERAL NATIONAL MTG ASSN SERIES 346 CUSS 1 DUE 11/010033 0.000 FITM F1683152 AZ REPO PITEREST FEDI. HOME LOAN MPG CORP.S10109 SERIES 227 CLASS 10 OUE 12/01/2034 5.000 11114 F1613186 12 REPO MEREST FREDDIE MAC CIAO/SERIES 2888 SC40 FUR DUE 07/152019 4/300 FITM F1613168 AZ REPO INTEREST FEDL NOME LOAN MTG CORPIPS10110 SERFS 228 CUSS 0 DUE 0201/2035 6.000 not F1613186 62 R010 MEREST 3136FAWE6 31392/062 3136FCBC9 3136FCGCS 31282YDN6 313951298 31282YDP1 027 33.750.08 2,991.36 y. 15.932.64 23.333.33 11.41824 826.24 8.396.48 0700.02:1041 001 VMS EFTA01260386 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Steams 6 Co. Irc. 383 Madison Ammo 0179 25 <0 32 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) Dillladen MIX 0A.72 tuatara 07712/05 INTEREST 0 0703/05 JOURNAL -n 07/13/05 JOURNAL C rn 07/13/05 INTEREST r 07/14/05 JOURNAL 07/14/05 JOURNAL 07/14/05 JOURNAL ZSOTS£00- 019- ANGS I8 IJ IJ --J pacasnos UNITED STATES TREASURY NOTE WE 06n 5/20i5 4.125 FRIA F1920414 A2 REPO MEREST GOVERNMENT NATIONAL IATG ASSN SERFS 2004-5 CUSS PS 3.690 DUE 0200/33 FRY F1943306 M REPO AGREEMENT GOVERNMENT NATIONAL MEG ASSN SERFS 20044 CUSS PS 3.690 WE 02/2033 nni F1743068 A.2 TERM REPO AGREEMENT GOVERNMENT NATIONAL MTG ASSN SERIES 2004-5 CUSS PS CUE 02/200033 3.190 FONT F1743068 A2 REPO INTEREST FANME MAE CMO/SERIES 2003-52 IF VO FUR 3.7 S-85 DIKO7/25/17 MIA F1613222 Al TERM REPO AGREEMENT FMNIE MAE CMO/SERIES 2003-52 KS40 FLTR 3.785 DuE07125/17 FITM F1953204 Al REPO AGREEMEM FANNIE MAE CMO/SERIES 2003-52 AS-I/0 FUR 3,_765 WE 01/26/17 Frill F1953194 Al RESALE AGREEMENT WADED 711110004 ITS wan. &me SUODOADY Derr. San 24carrres Cap. One Morento Omar won 944, rot liz01.31119 FINANCIAL TRUST CO INC STA7ESADa PESO) M 1.2006 THROutei My 29.2005 AccOuril 7.1/4,0well NASA On Fie LIST STATVADir MY 302036 snincii:Jsp OWMIY CCM MOM Gaon Avetto 912828DV9 1,557.75 383741087 -26,400020 2.440.000.00 38374FD87 26.400.000 2,515000.03 38374FDEIT 4.708.64 313930538 17,157.930 313930538 -7.549.489 3139=38 9.608.440 509.000.00 027 070005/009 027 EFTA01260387 SLLEZZOO- V.Ld3 C) 0 m C in r _ ENTS£00 IND ANGS BAR STEARNS OFFICE SavEING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue 10179 26 C » Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SIMIMINT ION 02170205 00( CasaA(0 0**0***4 ITS Wrialv °anti> sLIISIOWir Ca. S**** S2*.mes co. 0-* Wpm ») Crow Ain I1701-3859 FINANCIAL TRUST CO INC STAT17.027 It1b03 .22j 1.2005 »MVO* Aly 29 200$ ACCOUNT WAND, TAXPAY171 Mae On lie us? STATIDIENT la 30.2005 smecucuSP Dusscnov atm Aiwa 509.000.00 OISCRPIXIT FANNIE MAE CACO/SEMES 2003-52 OUANIIIT JOURNAL 31393CS38 -9.608,440 OM FAME KS-MO FLTR 3.785 CUE07/26/17 F17/4 F1953194 A2 RESALE AGREEMENT 07/14/05 JOURNAL FANNIE MAE CMOISERIES 2003.52 313930538 -9.608.440 w 509.000.00 KS4.5 FUR 3.785 DUE 0725117 Film F1953195 Al REPO AGREDAENT 07114/05 JOURNAL FANNIE MAE CMG/SERIES 2003-52 31393C$38 9.608.440 509.000.00 KS40 FUR 3.78$ DUE 07/25/17 MIA F1953195 A2 REPO AGREEMENT 07/14/05 JOURNAL FANNIE MAE CMO/SERIES 2003-52 3139=38 -9.608.440 509,000.00 KS-VO FLTR 3.785 DUE 07/25117 FID.4 95 2 F1 320 Al REPO AGREEMENT 07/15/05 JOURNAL UNITED STATES TREASURY NOTE 9128280V9 3.000.000 3.011.250.00 Pim F1930491 A2 4,125 DUE 05/15/15 TERM REPO AGREEMENT 07/15/05 INTEREST UNTIED STATES TREASURY NOTE 912828DV9 736.92 CUE 05115/2015 4,125 FTIM F1930481 A2 REPO INTEREST 07/18/05 JOURNAL FEDERAL NATIONAL MI6 ASSN 3136FC1(C9 -19.C439.045 13,954,000.00 SERIES 352 CLASS 1 0001 DUE 07471/34 FMA 11993127 Al REPO AGREEMENT 07/18/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FOCC9 19.089.045 14.345.000.00 SERFS 352 CUSS 1 0,001 DUE 07/01/34 FTMI F16731013 82 TERM REPO AGREEMENT 027 07130.06:1000 001 3895 EFTA01260388 CLEARED TWO0/3.4 ITS W*C.J.9 ConnED 9u910400 BEAR STEARNS OFFICE SERVICING YOUR aCCOLNT Beat, Stearns 6 Co. Inc. 383 Madison Avenue Now Tort. New York 10179 27 a n Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SE0111.100 MAX DATE MTh 07/18.415 0 07120105 -n 07122/05 C rn 07122/05 07/2205 r 07/28KI5 07/28/05 nOTS£00- 019- ANOS 8 IJ --J IRMSCION OtSCRPIal INTEREST FEDERAL NA110/0,1 ITTG ASSN SERFS 352 CUSS I DUE 07/01/2034 0001 FONT F1673106 BZ REPO INTEREST RECEIVED UNITED STATES TREASURY NOTE DUE OW5/2015 4.125 4.125 OUE05/15/I 5 HIM f2011067 Al RESALE AGREEMENT DELIVERED UNITED STATES TREASURY NOTE um 05t1512015 4.125 4.125 DUE 0915/15 fiTM F2011067 A2 TERM RESALE AGREEMENT RECEIVED UNITED STATES TREASURY NOTE DUE 05/15/2015 4,125 4.125 DUE 05/15/15 RDA 12030421 Al RESALE AGREEMENT INTEREST UNITED STATES TREASURY NOTE DUE 05)15/2015 4.125 FRIA f2011067 04.2 RESALE MEREST JOURNAL FIDE HOME LOM NIG CORP•510109 SERIES 227 CLASS ID 5.000 DUE 12/01/34 F/TM 12093198 Al REPO AGREEMENT JOURNAL FUR HOME LOAN KM CCree510109 7 CUSS a 5. SUES 000 DUE 12;01/34 RDA 11813372 C2 TERM REPO AGREEMENT ear Sturm Sear9in Cap. ON Mrtnnes ton* 11019 Brc099. kw von 11201-3859 FINANCIAL TRUST CO INC STATE50-5,7 P0900 .190 1,2005 71«Or,. July 29. 2005 sccouvr Nustem TA77.05119 WSW On fee LAST STATIMINT An 30.2005 SYMOOVOJSIP SAW& DOW .O.Ou5T 01090 maim 3136FCBC9 44,118.84 9128280V9 5.000.000 5.025.000.00 912828DV9 -5.000.000 5.025.000.00 9728280V9 10.000.000 10.025.000.00 912828DV9 353.15 3128270W -9.445.743 31282YDN5 9.445.743 1.881.000.00 027 07/2006:1090 001 NM EFTA01260389 LLL£ZZOO- V.L33 0 -n in r _ 580T5£00 1A19 ',NOS BUkR STEARNS MICE SEAMING YOUR ACCOUNT Bear, Steams a Co. Inc. 383 Manisa, Avenue New Y Na m' k 10179 28 n 52 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (44n04489 summon mot EMI PATE MARSACTIEN CASCYPTIOR STIMOUCUSIP RUMMY men ~um amen ~aft 07/28105 INTEREST FEIN HOME LOAN MTG COREMTS10109 31282YDN6 5.123.95 SERIES 227 CUSS TO DUE 12/01/2034 5.000 HEM F1813372 C2 REPO INTEREST 0729/05 JOURNAL FANNIE MAE CIAO/SERIES 200343 31392/082 12.094.423 S ILICR44) FUR 4,540 DUE 03/25/33 RDA F7783380 82 TERPA REPO AGREEMENT 07129/06 JOURNAL FANNIE 144E Cs.10(SERIES 2003-13 31392JDK2 -24,188,846 $ RCR-1/0 FUR 4.540 DUE 03/25/33 FITM F2103201 Al REPO AGREEMENT 07/29105 JOURNAL FANNIE MAE CMO/SERIES 2003-13 3139211K2 12.094.423 946.000.00 S RCR4/0 FLIR 4.540 WE 03.05/33 FIM 11933199 A2 TERM REPO AGREDADIT 07(28/05 JOURNAL FEOL HOME LOAN MTG CORP/4510109 31282YDN6 9.445,743 SERIES 227 CLASS 10 5.007 m11201/34 RIM 12093198 A2 TEAM REPO AGREEMENT 07t29/05 JOURNAL FEOL 14314E LOAN MEG CORP/510109 312827006 -8.973.458 SERIES 227 CUSS 10 DuE 12101/34 H 5_000 IM F2103235 Al REPO AGREEMENT 0729105 JOURNAL FEOL HOME LOAN MTG CORP41510108 31282YDN6 472,287 96.000.03 SERIES 227 CLASS 10 5.000 OLJE 12/01/34 HIM F2103220 Al REPO AGREEMENT 027 0700.00:1000 001 9146 CLEARED TARCAXily ~cur ORNED SERSORAYA boy Sinn Secutes Con Ireynxtich Cons Tenn omen. me yny 11201-n59 FINANCIAL TRUST CO INC STATLIMMT nyuro AN 1.2005 TRROutAl My 29. 2005 ACCiaNT NuteeeR TAXPAYER NuueER 00 Fie tar memseerr Tune 30.2035 EFTA01260390 8LLEZZOO- V.L.43 0 ii C rn r _ 980TS£00 IN9 ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Stearns b Co. Inc. 383 Mackson AWOL* Y New YoM 10179 29 632 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS 0:oridnued) UMW THROISK ITS beelOetY °MOM SullSOIARY Ow. Sworn Seaton Coo. One Meeceeen Ca. Met Inzatr. Kew Wee 11201.3969 CM. FINANCIAL TRUST CO INC ST/Yemeni PEMCO ASO 1. 2005 Tilta.TOM /01 29. 2005 ACCOUNT NTA/SER TAXPMTR LAST STATIVEITa June 30. 2005 SE LE TRADE OAT IO We TRMSACTION OESCOPMN 5110390.61P COWRY Otill MOUPII MICO AMOUNT 07129/05 DEUVERED UNTIED STATES TREASURY NOTE 9128280Y3 -93.000.000 93.116.250.00 DUE 06/30/2007 3.625 3.625 DUE 060007 N Him F1920414REDA 6 A2 A RESALE I ENT 07/29/05 INTEREST FANME MAE 0.40/SEFIF-S 2003.13 313921082 1.599.27 $ RCR40 FUR DUE 03/25/2033 4.540 EITM F193.3199 A2 REPO INTEREST 07/29035 INTEREST UNITED STATES TREASURY NOTE 912928073 132.949.31 01E06/302007 3.125 HTU F1920416 A2 RESALE INTEREST TOTAL $.325.376.196.79 5318 091 800.66 MISCELLANEOUS %GOAN ISTANSACTION Mani Orr MCAT CRODO mcvyr 07101/05 JOURNAL TO CMDY AIC 021.5212841 159.218.50 07/05/D5 JOURNAL FR CMOY MC 021-52128-F1 258.350.50 07/06/05 JOURNAL FR Cl/0Y NC 021-5212841 •••• 160.897.50 07/08/05 JOURNAL FR CUD? MC 021-52128-F1 183.564.74 07/11105 JOURNAL FR CODY A/C 021.52128-F1 107.686.00 07/13/05 JOURNAL FR CMOY NC 0214212841 6.430.00 07/13/05 JOURNAL FNMA 30YR IBA STD 526,171.87 SETT. 07/06 5.000 emotions MBS NET 07/13105 02T 07/30/0*1009 001 3106 EFTA01260391 6LLiZZOOV.Ld3 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns St Co. Me. 383 Madoon Avenue New Yoh. New Yak 10179 30 am Transaction Detail (continued) MISCELLANEOUS (=true* OAT. WOO TRUSAC110.1 CDSCS1•113N DEW M. t1 CREW MOM 07/13/05 JOURNAL FNMA-30YREFNAMOGTO 168.750.00 SETT.07/05 C) 5.500 DUE 07401135 MBS NET 07/13/05 0 07/14/05 07/14/05 JOURNAL JOURNAL FR CMDY AC 021-52128-F1 FNMA 30YR GTO SETT. 07/05 11.709.00 95.703.12 6.000 OM 07.01/35 MSS NET 07/1405 1 1 07/15/05 JOURNAL TO CMDY NC 021-52128-F1 4,390.00 C in 07/18/05 07/19/05 07/22/05 JOURNAL JOURNAL JOURNAL FR 0.40Y NC 021.52128-F1 FR CROY NC 021-5212841 JUNE OS CLEAR FEES 1.500.00 86.750.00 50,375.00 07/22/05 JOURNAL FR (AMY NC 021.52128-F1 104.275.00 07/26/05 JOURNAL TO CMDY NC 021.52128-F1 23.563.00 07/27/05 JOURNAL FR CMDY A/C 021-52128-Fl 3.900.00 r 07/28/05 0729105 JOURNAL JOURNAL FR CMDY AIC 021-52128-F1 TO CINDY AC 021-52128-Fl 207.084.00 64.025.00 TOTAL 5-1090.677 37 51.113.665.86 _ LSOTS£00 IN9 ANGS 021 CLEARED DalOuCol ITS wogs( 0.0.C1 eDeSaDAR. Baer Storrs Similes On One Werelech Com Na Doerr. New roe 11201.3a. FINANCIAL TRUST CO INC STATEuriT Rini00 key 1. 2005 ToiDOXI4 July 29. 2005 Amo ea WIDER TwAntle /DAMP. Or1 rue In? STAT./S/4T kn. 30. 2005 07.)506.1009 001 Vela EFTA01260392 WARM) 1101000/ rrs WHOLLY Ow/t60 WIESIMYY IT/ 8 b.) IJ 00 00 O -n C rn r 880TS£00- 019- ANGS BEAR STEARNS ()met SERVICNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yea. New York 10179 31 n n Trades Executed Pending Settlement YUMMY/1 MX on! OAR IMMJCTOri orsonanon 08.01/05 07/29,05 BOUGHT St as 912828099 0004000.00 98.7812 9.965.557.0 Ow. Swan Seams On Om Mimed, Cale/ WM N•II tot 113014632 FINANCIAL TRUST CO INC STAITIMM PERCO My 1. 2005 THROUGH my 29.2035 ACOOLNY NUIMER TAMAYSt /WW1 On Ns LAST STATINEM ham 30.2005 0011111111 MCF DM MOW/ CRC? //YOUNT UNITED STATES TREASURY NOTE DUE05/15/2015 04.125% IN 15 0988018192099 YIELD 4,278 %TO MATURRY GVER REF • 62105C431 Al 08/01/05 07/28/05 SOLD UMTED STATES TREASURY NOTE 912828E82 -23.0130000.03 99.8046 22.957.500.00 DUE 07/31/2007 03.875% II 31 0988016192099 11EID 3.978 %TO MATUFdlY GVER REF 0 62093006 81 08/01/05 07/28/05 SOLD UNITED STATES TREASURY NOTE 9.12828E82 -50000000.00 99.8048 49,907,608.70 DUE 07/3112007 03.875% II 31 0988015192099 YIELD 3.978 %TO MATURRY OVER REF I 62093008 Al 08/11/05 07/11/05 BOUGHT FNMA-30YR(ROAA)GTO 5.080977 50,000,000.00 100.8828 50,441,406.25 SETT.0804 CUE 08501/2034 05,500% 0987000510099 REF or 2005071151110000 BS 08111835 076)7/05 SOLD FNMA-30YR(FNMA)GTD 5.080977 -30.000.000.00 100.9687 30,290,825.00 SETT.08/04 DUE 0601/2034 06.500% 0987022118099 REF I 2005070757310000 BS 08/11/05 07/08/05 SOS FNIAA.30YR(VILMA)GTO 5.080977 -50.000,000.00 100.9609 50,480,470.00 SE17.08/04 DUE 08A71/2034 05.500% 0987000510099 REF • 2005070857250%0 BS OB/11,05 07/08/05 SOLD FNMA-30YR(FNMA)GTO 5.080977 -50.000.000.00 100.9609 50.480.468.75 SETT.06/04 OUE 08/01/2034 05.500% 0987000510099 RU • 2005070857250000 BS AS OF 07/08105 021 01//90)11000 001 EFTA01260393 rn 8 b.) la) so so 0 -n C in r 680TSEOCIA/9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc 383 Madsen Avenue New Yak. New York 10179 32 mu Trades Executed Pending Settlement (continued) C.C.4910 THAOU0ai Nn VOCALY OWNED SuediNARY Saar. Scan Scarbn Cala Coe /AtUccecn Coca Meth 111014959 FINANCIAL TRUST CO INC STARIAPrt 90.000 luty 1,2005 TIROJOal July 29 7205 Aetralo mien[ TAXPARIR uaern uR $1ARI.ExT Are 30.2005 5111111100 NODE OAR OAR TRARSACTON DISCPS1TON SMORtstUSIP MOMMY RACE NW micor CRYDO Ala1VAI 08/11/05 07/15/05 SOLD FNMA-su NMA)GTD 5.480977 -30000.003.00 100.8203 30.246.093.75 SETT.08.04 DUE 0801/2004 05.500% 0987018110099 REF • 2035071557180080 BS 08/11/05 07/29105 SOLD FP41.4,4•30YR(FNMA)GTD SA80977 -40,003.000.0) 100,5078 SETT.0904 012 0801/2034 05.500% 0987000510099 REF 4 2005072957090000 B$ 40,203,125.00 08/11/05 0708/05 CANCEL SELL FNMA-30YRIENWOGTO SETT.08/04 DUE O801/2034 05.500% 0987000510099 REF • 2005070857250000 BS AS OF 07/08/05 SA80977 -50.000000.00 100.9609 50,480,470.00 08/11/05 07/21/05 SOU) FNMA 30YR GTD SA83016 -10.030.000.03 9&5937 9.859.375.00 SETT. 08/05 DUE 08/0107035 05.000% 0987003510099 REF • 2005012157190000 BS TOTAL 5110,887,433.32 $284.425.266.20 1110 littee I,Kes Oa ml now int feet wart.. a' End of Statement on 0711003 10.09 001 V995 EFTA01260394 rn 8 IJ IJ 00 00 O TZ I I IJ m z r 060TSEOCIN9- ANGS BEAR STEARNS orrr,z SERVICING YOUR ACCOUNT Bear. Steams a Co. Inc. 383 Madison Avenue New York. New York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSDE waw.bearsteams.ccen What's In This Statement Illlllllllllllllll III Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 8 Trades Not Yet Settled 31 Your Messages ...... ........... 33 min/4CM TRUST CO INC GO JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURMES THIS PERIOD LONG ACCRUED MEREST NET CREDIT BALANCE $159,915 3.442481 Pah a erweaket dr22.2C4I 32,928 !bed 359.965 Weems NV FOUNT THIS PERIOD $3,835,574 .. NET ECUITY LAST STATEMENT 3.201.652 CHANCE SINCE LAST STATEMENT 633.923 There are no 'Stop Loss* orders or other pending buy or sell open orders on Me for your account. $3.442.1381 33.082378 in Omens market maw EH Last statements nester met mum° Imauoki ITS VVICtlY MOM SuldesAY Beat Slate Sawn. Cer0 One Manisa Cans North OmskIss Nes YM 11201.3219 FINANCIAL TRUST CO INC STATEWEra 02/000 Jtaw 1.2005 ne0sCui An* 30.2005 ACCOuNT Nato% TsXPAYER HINDER Ca roe VAT STATEUENT Wry 31. 2305 Conrwmatico: Unless we hear from you to the contrary. it is Oct understandeg that any Tree credit balances in your account are being maintained to facilitate your intenuon to invest such arrows tivough us. tannin/ efOrns070•10.97st My. n IT nal rtird01 a OW 000nssi TNO Vattnert *raid PI Miasma Sx yea tract. See resins ado Is, Instaire are= 027 0,0105.1042 COI EFTA01260395 D WO TNIOV314 ns .40u. 0.4ED StASSOMY bat SUM Swab. Cg. Meigtsth Carts WP N. rot 112014$59 FINA NCIAL TRUST CO INC 2 £8LEZZOOVin 0 z -n 0 m z T6OTS£00 IND ANDS STATEMENT BACKER IS PRINTED ON THIS PAGE 017 0701105.1042 001 V093P EFTA01260396 CLEARED THACV0K ITS ?MOLLY Owl.E0 AJOSOARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Stearns & Co. Inc. 383 Madsen Avenue New York. New York 10179 3 41 ) 4 Cash Flow Analysis DIPS MOD Income Summary TES MI00 MR 70 DUE U.S. Gott. Bond Int. 219.62641 3.681.663.87 OpeningEtalance 5122205.83 Govt. Agency hi. 714.775.88 4.112.621.91 Swath's Sold 717.693.800.08 Cap. Bond Int 197,23184 792.702.92 Dividendsenterest 1,131,949.13 Creek Balance Im. 321.80 3.545.51 0 z -n Miscellaneous Amount Credited Securities Bought 1.878.994.73 5720.704.743.94 -718.737.452.51 Ronne Repurchase eke. Total Bond Purchase Int. Repurchase Ire. Exp. 81698.16 51 213 047.29 -208.273.77 -215.571.53 1.163.243.87 59.753.778.08 -5.148,708.18 .1,098.448.85 Dividends serest Charged .208.273.77 C in z Miscetlanecus Amount Debited Net Cash Acta* -1.521.258.00 8720.466.984.28 237.759.66 Portfolio Composition CashCash Eibralem 359.965 ClosIn9Balance 5359,965.49 Fled Income 3.442.681 r Total 53.802.646 Z6OTS£00- 019- ANGS 8 b.) IJ so so Cash Balance Summary OPEANG OOLONG us* 122.20583 359,965.49 Net CashEtalarce 5122.205.83 $359,965.49 027 070106.1042 001 Sr.Stan Sent0e1 COIL One AMMAN Wm Not 11201400 FINANCW. TRUST CO INC stammer nano Are 1, 2005 nwouen tune 30.2005 AOCOLIO PUMA YASYEA KAMER UWE LAST STATEWNT May 31. 2005 Cash 9% Your Portfolio Allocation Feted Income 91% klfito.,01 }Man Ord. dna wane. anlb Mr, naafi vayn TM iftean prowSne nhM. M+M ai.14. ?Mel Yalu* Of )00 Ofelb.) ‘I193P EFTA01260397 Fn IS b.) V.) 00 00 let TOiNaGUNO0 £60TS£00-019-ANCIS BBIR STEARNS OFFCE SERVICING YOUR ACCOUNT Sear, Steams & Co. Inc. 383 Madison Avenue New Welt New York 10179 4 et R. Your Portfolio Holdings CASH & CASH EQUIVALENTS DESMPITed CASH BALANCE TOTAL CASH & CASH EQUIVALENTS swacbru, so Curly MAKS CS11VATID CURSI111 MU( /1/411111.1./ MOW YEW OR 359.965 $359.965 FIXED INCOME Government & Agency Obligations OFSCSIPTON SIMICUCVS14 GOVERNMENT NATIONAL MIG ASSN 38374GPJ5 SERFS 2004-036 CUSS Sp DATED DATE 0921/04 BOOK ENTRY ONLY DUE 12/20/2029 3.940% FACTOR . .90846224 GOVERNMENT NATIONAL MTG ASSOC 38374055 SERIFS 2034-041 CLASS SE DATED DATE 06/23/04 BDUE OOKOW20.2030 ENTRY ONLY FACTOR . .92150715 FEDERAL NATIONAL MTGASSN 31393C2C6 DASERTED IES DA 2003-4 TE 9 CUSS SW 04/3003 BOOK ENTRY ONLY DUE 01/26/2033 3.665% FACTOR - .51379199 cALAREE Mit-JuGH RDA vmmor (WA ED SLISIOvAv Ent Sur4 Setylies ORR ba litcrowli Wu lksin . 11201.3569 FINANCIAL TRUST CO INC srmnirec Pefaoo June 1.2005 II.R003m June 30. 2005 ACODUNT HAMM TAXPAYER PANDER On no LAST STATedemr Moly 31.200$ ACC, 444474Y PRIX V44441 WOE ACCRUED MIRES! ESMA4110 RIMEL Wail CAREW YEW MRGN 14.795.046 5.5884 826.803 16.191 582.925 70.5035 IARGN 14.801.708 6.7511 999.284 MRGN 12.488.618 7.1598 894.164 6.393 460.206 51.4677 027 0710‘105430.42 001 YU* EFTA01260398 C rn r V6OTSEOCIA19- ANGS I8 b.) so tD IJ BEAR STEARNS OFFICE SERVICING YOUR Anct4INT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New Yak 10179 5 ed. aunt Tal0t0a TS stoat.? MAID SUKOVJCY Bea Senn S4tt Cap. Ole Mown Cater lin &waft Nes Yon 112014/59 FINANCIAL TRUST CO INC STATEMENT PERIOD Sae 1, 2005 THROUSA Are 30.2005 Your Portfolio Holdings (Continued) Government & Agency Obligations (continued) KCl 1O:AVID ACCCWI IMAM a rexacrt, wale On rie UST STUDENT PAsy 31.2005 Crg i DOWD* SYtOOLODIP Trot OSN/ry MICE war VAUX NMVST moan= FEDERAL NATIONAL MTG ASSN 3136FLU)6 ',IRON 1 20.6563 SERIES 353 MASS 2 DATED DATE 07/11/04 BOOK ENTRY ONLY DUE 07/01/203A 5.000% FACTOR - 17992876 Total Government& Agency Obligations -52 720 251 522.584 $1 ,043,131 Corporate Bonds ACV AMMO LSINATED CURRENT DISCNIPICN STWOLUSIP Mt OUANYM NICE P4MIET VIOL mien SCOW MOD rip ALTERNATNE LOAN TRUST 12667FG66 MRGN 37.054.541 1.9496 722.430 10.344 744,796 103.0959 SERFS 2004-30CB cuss 14-8 DATED DATE 12/27/04 BOOK ENTRY ONLY DUE 02/25/2035 2.010% FACTOR .92636353 RATING: MOODY AM S&P AM Total Corporatelkeds S722.430 610,344 5744.796 TOTAL FIXEDINCOME 53.442.681 532.928 51.787127 YOUR PORTFOLIOHOLDINGSACCRUEO INTEREST 532.928 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME 51.787.927 YOUR PRICEOPORTFOLIOHOLDINOS 53.902,646 027 OUDISS1*At ool EFTA01260399 L8LaZOO- Vida 0 m C in r _ S60TS£00 IND ANGS BEAR STDIRNS DEICE %MAD% YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mattson Avenoa New York. New Yak 10179 6 au Repurchase and Reverse Repurchase Transactions with Bear, Steams& Co.ine.outstanding as of date of statement PIACIVSU REPUITOIME MGM MACHIN PmcU ACCRUID SOO OUMTTIY START Dart Oat /Art PnOM MGAQP• FACE MONT) CUSIP OfSCRP101 0.E.Mito ththO.Ka, nn th.O.LY anvEr, 2.1.45,0thth Ser. &urns Senn*. Cap. On* Wear! Gatti math En 20 3859 FINANCIAL TRUST CO INC sTiothasT PEico kith 1. 2005 noth)04 Ama 30.2006 ACCOJ'a 'MAGA TiVIPAY01 M. On MO LAST rotten May 31.2006 YOU SOLD FEDERAL NATIONµ MTG ASSOC (REPO) 06170/05 07/12/05 3.420 -964,000 -1.963 -25.000.003 31392/01(2 SERIES 2CO3-13 CUSS 4.6858 03/25/33 YOU SOLD FANMEMAE STRIP (REPO) 08/10105 07/12/05 3.420 .11.102.000 -22.148 .30.000.000 3136FAWE6 SERIES 329 CLASS PO 12/01/32 YOU SOLD FANMEMAE STRIP (REPO) 06/10105 07/12/05 3.420 -5.241.000 -10.455 -10.000.CCO 3136FC8C9 SERIES 346 CLASS PO 11/01/33 YOU SOLD FEDERAL HOME LOAN STRIP (REPO) 06/10/05 07/12/05 3.420 .3.756.000 .7.493 -20,000.000 312132YDN6 SERIES 227 CLASS 10 5.000012/01/34 YOU SOLD FREDDIEMAC STRIP (REPO) 06/10105 07/12/05 3.420 .2.782.000 4.510 -20.000.000 312823041 SERIES 228 CLASS ID 6.000002/01/35 YOU SOLD FEDERAL HOME LOAN MTG CORP (REPO) 06110/05 07/12/05 3.420 -206.000 -410 -4.000.000 3139532118 SERIES 2886 CUSS SC 4.0800 07/15/19 YOU PROVIDED FEDERAL NATIONAL MTG ASSOC (MARGIN) 06/10)05 MEN 0.000 -25,000.000 313930538 SERIES 2003-52 CLASS 3.785607/25/17 YOU SOLD FANNIE Mµ STRIPS (REPO) 06116105 07/18)05 3.450 -14.345.000 -20.680 -23.000.000 3136FOLD) SERIES 352 CUSS PO 07/01/34 YOU SOLD FANNIEMAE STRIP (REPO) 06/17)05 07/12/05 3.360 -3.652.000 -4.771 .10.000.000 3136FAWEE. SERIES 329 CLASS PO 12/01/32 YOU SOLD FANNIEMAE (REPO) 06/17105 07/12/05 3.360 -10.000,000 -13.068 40030.800 3136FCBC9 EPICS 346 CLASS PO 11/01/33 YOU SOLD USER 4.125005/16$15 (REPO) 03/22/05 OPEN 2.800 -28.210.000 -16.134 .28.000.000 912828039 021 0>AY1005.1042 eel NOW EFTA01260400 CLEAR.," IlIRCOCAI In vnC.LV OAt SIASCARY BEAR STEARNS COME SERVICIM YOUR ACCOUNT Bear. Steams & Co. lit. 383 Madison Avenue v Y 10179 7 of 34 Repurchase and Reverse Repurchase Transactions (continued) with Bear,Steams& Co. Inc.outstanding as of date of statement (continued) PLIOUSU PEPIACMASI HONG SUM oAn ONE MR PUNOMSE MOW Mtn ACCVMD WO INTERMn OUVIMY Ma MOUNT) CUSP 043OUPTON YOU SOLD GOVERNMENT NATIONAL MTG ASSOC (REPO) 06123/05 07/13A35 3.370 -2.515.000 .1,883 -26.400000 38374F097 SERIES 2004-S CLASS P 3.690002/20/33 0 YOU SOLD (REPO) 06/27/05 OPEN 0.010 .25.030.030 31392JDK2 FEDERAL NATIONAL MTG ASSOC SERIES 2003.13 CLASS 4.6856 03/25/33 -n YOU SOLD (REPO) (16/27/05 OPEN 0.010 -1 .27.112.874 38374F616 GOVERNMENT NATIONAL MTG ASSOC SERIES 2OO4.3O CLASS 3.9400 02/20/32 ••••-• YOU SOLD FEDERAL HOME LOAN MTG CORP C in (REPO) 06/27A)5 OPEN 0.010 YOU SOLD (REPO) 06/30/05 08101105 3.540 -1 4.373.003 -626 -5.724.538 .10.000.000 3139512118 3136FCKC9 SERIES 2886 CLASS SC 4.080007(15/19 FANNIE MAE STRIPS SERIES 352 CLASS PO 07831134 YOU SOLD FANNIE ME STRIP (REPO) 06/30105 08/01105 3.540 .1.737.000 -170 -10.000.000 3136FCLD6 SERIES 353 CLASS 10 5.0000 07/01134 YOU SOLD FEDERAL HOME LOAN STRIP r (REPO) 06/30105 08/01/05 3.540 YOU BOUGHT -1R61,000 .183 -10.000.000 31282YON6 SERIES 227 CLASS 10 5.000012/01/34 USTR 3.5000 05/3107 (REVERSE) 06/27/05 OPEN 2.310 34.127.500 10.115 34.000.000 9128280Y/7 TOTAL REVERSE REPURCHASE TRANSACTIONS 534.127.500 110.115 TOTAL REPURCHASEIRANSACTIONS 1.92.744.003 5.105.492 tow. Sieens WSW Co. Ore Wavle.", Calla Nee, 11201.3332 FINANCIAL TRUST CO INC STATEMENT PERICO Ane 1. 2005 TFR0031. lone 30.2005 CCOJNI MASSER TAXPAYER wt.'s, On Me LAST S'ATEVENT M731. 8305 960TS£00- 019- ANGS IJ IJ 00 00 Va al Minn ees 027 We" 05 104 001 MX. EFTA01260401 e • 2°s4 II§1 Transaction Detail ■ 4. wr : I r. Q CZ 0 ■ ■ ■ CONFIDENTIAL 8■ N • ■ ■ ■ 6 ■ SDNY_GIA_00351097 EFTA_00223789 EFTA01260402 CLEAN, OACAGA RS *Noun WARD SIASOAny rn 8 IJ iJ IJ O m cim H r 860TS£00- O1D- ANGS BEAR STERNS OFFICE SERVICING ltuR ACCOUNT Bear. Stearns & Co. Inc. 383 MadIsm Menu° New York. New Yea 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SC1110470 MAX DAR OAR PARSACTO1 06/16/05 06110/05 SOLD “30119110N UNITED STATES TREASURY NOTE DUE 05/15/2015 04.125% LIN 15 0988280293099 YIELD 4.014 NTOMATURIN MA REF • G1672882 Al ORIGINAL 50 06/13/16 AS OF macros SOAKUCUSP CANIMY PDX 9128260V9 -17.000.000 100.89844 ACC& NT. 8er Stan S990.99$ Cap. Dna MOMS, Cone. Maw 11101.3859 FINANCIAL TRUST CO INC STATEMENT POMO Arne 1. 2005 1199090A AM 30.2005 A090morr MAMA Mewed manta On Flo LAST STATDiert May 31.2005 011111 AMOUNT CR01 NAOMI 17.152.734.38 55.261.54 06717/05 06714/05 SOLD FEDERAL NATIONAL MTG ASSN SERIES TRP 329 CLASS PO DuE 0170172033 0987126513332 REF • 2C060614 57200000 BS 3136FAWE6 -10.321.800 81.81250 8,444,522.75 06/17705 06/14705 BOUGHT FEDERAL NATIONAL MTG ASSN 3136F0809 13.929,377 8201563 11.424.265.93 SERIES 346 CLASS 1 DUE 11701/2033 0907789213099 REF • 2005061451130000 BS 06/20/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 -1 SEER 01 S 329 03 CUSS PD Du /01 STRP 062005 PRINCIPAL GOVERNMENT NATIONAL MTG ASSN 3837460/5 -153.742 SERFS 2004435 CUSS SP 4.110 DUE 12720/29 PRINCPAL REDUCIN 06-20-05 06(20705 PRINCIPAL GOVERNMENT NATIONAL MTG ASSOC 38374GY55 -139.052 SERIES 2004-041 CLASS SE DUE 06(20/30 PRINCIPAL REDACT./ 06-20-05 06/22/05 0621/05 SOLD UNITED STATES TREASURY NOTE 912828099 -20000000 100.37500 20.076.000.00 CUE 06/15/2015 04.125% MN 15 ACCR. INT. 85.190.22 0988016192099 KID 4.070 %TO MATuNTY GVER REF • G1722863 Al 021 070901:1092 COI WOW EFTA01260403 Iota-COO-V.83 O m _ 660TS£00 IND ANUS BEAR STEARNS CCOCE SERVICING YOUR ACCOUNT Sep. Steams & Co. Inc. 383 Ma&son Avenue New York. New York 10179 10 au Transaction Detail (contlnu.d) INVESTMENT ACTIVITY (continued) cs/ARGO nRCIJOH m ym3..LY 0,*40 Sue-War Pm Storm Sewn Cap. Dne Weraccil Cn No* S s VolT 11201.3819 FINANCIAL TRUST CO INC STA/1MM PERIOD June 1, 2035 NROPON June 30.2005 Afteten Ruwatil TAXPAYER warn,. LAST STATVAENT May 31.2005 Wanton TRADE OAR DATE te/JISACTIOR CESCRIPTC01 SO.07..C.V$P ).Ware PRICE MIT WOW Ca l.csc 08/27/05 06/24/05 BOUGHT UNITED STATES TREASURY NOTE 912828DW7 20.000.000 99 83594 19,967,187.50 09 DUE 82 05/31/2037 03.500% IAN 31 ACCR. INT. 51.639.34 880293099 Imp 3,588% 10 MATURITY GvER REP a G175)133 Al 06)27405 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 289.167.60 SERE 329 CUSS PO DUE 01/01/33 STRP PRI/ WO 05.05 PEI 06-2S-OS REPO P 6I 0.0000 06/27/05 PRINCIPAL FEDERAL NATIONAL MEG ASSN SERIES 329 CLASS PO CUE 01/01/33 STRIP PRN RID 05435 P/O 06-25-05 REPO PEI 0.0000 3136FAWE6 298.418.83 06/27405 PRINCIPAL FEDERAL NATIONAL MTG ASSN 31393C2C6 .244.441 SORES 2003.49 CUSS SW 3.910 DUE 01125/33 PRINCIPAL REOUCTN 062546 06/27/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FCEC9 145,914.10 SERIES 346 CUSS 1 DUE 11101133 PRN RID 05-05 ND 082545 REPO P 6I 0.0000 06/27/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136F00:9 371.609.85 SERIES 352 CLASS 1 0.001 DIE 07/01/34 PRN Re 0545 P/D 06.25-06 REPO P & I 0.0000 06/27/05 PRINCIPAL ALTERNATIVE LOAN TRUST 12667F066 -646.873 SERIES 2004-30CB CLASS 1..4-8 1.785 DUE 02/25/35 PRINCIPAL REDUCIN 08-25.05 JOURNAL FANNIE MAE CMO/SERIES 2003.13 31392J0K2 1 S RCR.P0 FUR 4,68.5 DUE 03/25/33 08.128.05 027 07/01/0”042 OM EFTA01260404 C202200 T0R01.0.4 Trs IMO.LY OVMED SUBSO~ 1 1 r 00ITS£00-IA19-ANGS BEAR STffiRNS °FEIGE SERVICING TOUR ACCOUNT gear. Steams & Co. Inc. 383 Maclisai Avenue 10179 Transaction Detail (continued) INVESTMENT ACTIVITV (eontinued) kar. Stem ~tos One Merete& Gener NØ 0r0:202‘ Ne, o* 20 385* FINANCIAL TRUST CO INC STATEMINT PER100 lune 1.2005 TmouoN lune 30.2005 ACCM2217 THIMYIR µAO01 On Flo LAST STATtu2211 IA" 31.2005 SETTIDAINT MAX DMI CAR TRAWCTION OtSCRPMN SYWOUL11Lp OLNOMY Pta merr ~DM MC« Al"011 08/30/05 06/28/05 BOLIGHO FEDERAL NATIONAL MTG ASSN 3136FCKC9 8.518.623 83.45313 7.109.057.52 SERIES 352 CLASS 1 DUE 07/01/2034 00.001% 0987128513099 REF • 2005062857160000 BS 06/30/05 06128105 SOLD FEDERAL NATIONAL MTGASSN 31313FCLD6 -9,170,234 20.59375 1.888.495.25 SERIES 353 CLASS 2 ACCR. INT. 36.935.67 DUE 07/01/2034 05.000% 0987022118099 REF • 2006062851100000 BS ACCRUES ON 1ST. PAYS ON 25111 FEDL HOME LOAN MTG CORP/S10109 31282YDN6 9.552.843 21.17188 2.022.516.00 SERIES 227 CUSS ID DUE 12/01/2034 06.000% ACCR. INT. 38.476.73 0987125513099 REF • 2005062857140000 85 06130/05 06128105 8CUGHT TOTAL 5-111.306.815.59 $91.007.418.84 INTEREST Ohn CtSCWINION 06/01105 AVG BAL 200.424RT 1.884 021 °Fra INIEREST0605 08/15205 FEDL HOA« LOAN MTG CORP0S10109 312821'ON6 5.= 80.303.34 SERES 227 CUSS ID DUE 12/01/2034 5.000 NT RA 05-05 IND 08.15.05 REPO P 41 5.0000 06/15/05 'RENNE MAC CMCVSERIES 2886 SC-VO FUR DUE 07/15/2019 4.080 INT RA 05.05 PA 06.1645 REPO P & I 4.2100 SYPAIKNEUNP al2NMY MR D9 al ~GYNT CREDO ~Nr 321.80 3139612118 4.0800 12.618.14 017 O7C1AF.-1042 Ø MOMP EFTA01260405 0 a l C in r TOITS£00- 019- ANGS I8 b.) IJ BMR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. Now York 10179 12 tem Transaction Detail (continued) INTEREST (continued) CLENtlio 11.110U0n ITS wnOLLY Owe SUSSMARY km. Seen Seattle. Cup. 0a Parintech Com Nunn ercothrt. kw Yon 11201400 FINANCIAL TRUST CO INC STAlaiper PER,00 June 1.2005 1100.131. June 30.2005 /COMM NUS,. lAXPAYI01 MYER On File UM STAMM/1 May 31. 2005 OAK DESCSIO11C01 SYWKI.CUSP uwam T.TE ay cOn JAUNT =Off MOW 06/15/05 FREDDIE AMC CMO/SERIES 2888 SC-VD FUR 31395)2118 4.0800 18.058.26 DUE 07/15/2019 4.060 ita 054)5 PAS 15-05 P R/D REO P & I 4.2100 06/15/05 FEOL HOME LOAN MTG CORWS10110 SUES 228 CLASS ID 3128211701 6.0000 91.828.76 DUE 02A11/2035 6.000 RIT WO 05-05 RD C45.15.0.5 REPO P & I COMO 06/20/05 GOVERNMENT NATIONAL MTG ASSN SERES 2004.5 CUSS PS 38374F1187 3.8600 56.613.33 DUE 02/2012033 3.860 INT PA) 05-05 PA 06-20.05 REPO P& I 3.8600 06/20/05 GOVERNMENT NATIONAL MTG ASSN SERFS 2004-5 CUSS PS 38374FD87 3.8600 84820.00 DUE 02/20/2033 3.060 NT RA 05-05 ND 06-2005 REPOP&I 3.8600 06/20/05 GOVERNMENT NATIONAL MTG ASSN SERIES 2004-30 CLASS SU 38374FIST6 4.1100 84.591.78 32 5 DUE 02/20/ 4.110 INT Re 05.020 PM 06.20.05 REPOP&I 4.7100 06/20/05 GOVERNMENT NATIONAL MEG ASSN SERIES 2004-035 CUSS SP 38374GPA5 4.1100 51,199.60 DUE 12/20/2029 4.110 MEREST PAYMENT 0620-05 06/20.85 GOVERNMENT NATIONAL NM ASSOC SERIES 2004-041 CLASS SE 38374GY55 51.172.10 DUE 06/20/2030 0.000 MEREST PAYMENT 06-2805 0627/05 FANNIE WE CMO/SERIES 2003-13 S RCR-VD FUR 3139210K2 48100 25.851.29 DUE 03/25/2033 4.910 NT R/D 0805 PC 06-25-05 REPO P 6I 4.9100 021 01/01.61c1COZ 001 veaRr EFTA01260406 BEAR STEARNS OFFICE SERVICING YOUR ACCCVNT Bear. Steams & Co. Inc. 383 Madison Avenue New Y Y 10179 13 si Transaction Detail (continued) INTEREST (continued) MEWS THROWS nS WHOUN OWKD 54880WIY NS Urn 59581es Co". OM MMUS. Carat North ltp:095. New IN 20 3859 FINANCIAL TRUST CO INC surnapc PEROO June 1.2005 TIMOUOM kre 30. 2005 ACCOL•ft Van TWAYM NuLMER On Fie LAM STAMINVI /Asy 31.2005 DAIS &SCOT* STIMOUCUSIP MUMMY RAM 00 OM MOON 49449 AMMO 06/27/05 FANNIE MAE CMO/SEMES 2003-13 31392/082 4.9100 25,851.29 S RCR-1/0 FUR DUE 03/35/2033 4.910 INT Re 05-05 P10 0025.05 REPO P & I 4.9100 06/27/05 FANNE MAE CMO/SERIES 2003.13 313921082 4.9100 51.702.58 S RCRVO FUR DUE 012502033 4.910 -n NT RID 05-05 P1006-2505 REPO P I 4.9100 06/27)05 FEDERAL NATIONAL MTG ASSN 31393C2C6 3.9100 41,488.55 C in 06/27/05 SERIES 2003-49 CLASS SW OUE01/35/3033 3.910 MEREST PAYMENT 0645-05 FANmE MAE CEO/SERIES 2003-52 itS40 FUR 31393C838 4.0100 58.317.45 DUE0725/2017 4.010 Re RA) 05-05 MD C6.25-05 REPO P 91 4.0100 061271/5 FEDERAL NATIONAL MTGASSN 3136FCLD6 5.0000 77405.30 SERIES 353 CUSS 2 DUE 07/01/2034 5.003 WT WD 05-05 PIO 0S-25-05 r 06/27/05 REPO P & I 5.0000 ALTERNATIVE LOAN TRUST 12667F066 1.7850 63.149.48 SUES 2004-3008 CLASS I -A-8 /25/2035 1.785 PITIEREST PAYMENT 08-2545 TOTAL 5875.393.05 ZOITSEOCIN9- ANGS I8 IJ IJ 023 0/ 031261042 CO. 290.11 EFTA01260407 BEAR STEARNS OFFICE SERVICING YOUR ACC CUNT Seer. Steams 8 Co. Ix. 383 MadImo Avenue New Yotk, New York 10179 14 au Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Steams& Co. inc. 0 -n SanowAr TRADE DAR CATE 06/01/05 06/01/06 06101/05 C in 06/02/05 r 0602/05 06/02.05 06/03/05 EOITS£00- 019- ANGS Utedat11001 DOCRIPION JOURNAL FREDDIE MAC CMO/SERIES 2886 SC./0 FUR 4.210 DUE 07/15/19 rnM F1453304 A2 TERM REPO AGREEMENT JOURNAL FREDDIE MAC CMO/SERIES 2886 SC-100 FUR 4.210 DUE 07/15/19 F1TM F1523444 Al REPO AGREEMENT JOURNAL FREDDIE MAC CMG/SERIES 2886 SC-LID FUR 4.210 DUE 07/15f19 MA F1523442 Al REPO AGREEMENT RECEIVED UNITED STATES TREASURY NOTE CUE 0541/2007 3.500 3.500 DUE 05/31/0T FITU 11531268 Al RESALE AGREEMENT DELIVERED UNITED STATES TREASURY NOTE DUE 05/31/2007 3.500 L500 DuE05/31/07 FLINT F1511194 Pa TERM RESALE AGREEMENT INTEREST UNITED STATES TREASURY NOTE DUE 06/31/2007 3.500 FRIA 11511194 A2 RESALE INTEREST JOURNAL FREDDIE MAC CMO/SERIES 2886 SC40 FUR 4210 DUE 07/15319 FILM F1523444 A2 TERM REPO ACFEEMENT CLEARED NAPA, ITS W140lae OWNED SIJOSOWer Bev Means Steven Ca. Ore Weattech Cadet len ROAM Nee Yet 11M1.LSe FINANCIAL TRUST CO INC etemeNr niece June 1.2005 Tielttrel June 30.2005 ACCOVIT eLteleli TAXPAYER 'ANGER On It LAST STATewit+cir May 31.2005 SIWOUCIJSIP Comm CON *Kurt CREDIT AMOUNT 31395/21I8 8.743.867 3139512118 -5.147.247 3139512140 -3496.620 209,000.00 9128280W7 29.000.000 29.072.500.00 912828DW7 44,000.000 54.000.000.00 912828DW7 8.445.00 31395/268 5.147.247 ozr 07ANI06:10A2 COI VII93P EFTA01260408 BEAR STEARNS OFFICE SERVICING YCVR ACCOUNT Beer. Steams & Co. Inc. 383 Madison Manua New York New York 10179 15 au Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 0 -n SETRIWN1 TRADE DATE FATE 06103105 08/03/05 06/03/06 C rn 06103/05 06110105 r 08/10/05 06/10/05 POITS£00- 019- ANOS Waal* OESCAPD3x JOURNAL FREDDIE MAC CMOGERJES 2886 SC-90 FUR 4,210 DUE 07/15119 Trim A1543217 Al REPO AGREEMENT JOURNAL UNITED STATES TREASURY NOTE Firm F1470404 A2 4,125 DUE 05115/15 TERM REPO AGREEMENT JOURNAL UNITED STATES TREASURY NOTE HIM F1540556 Al 4 125 DUE o6nstis ROO AGREEMENT WTEREST UNITED STATES TREASURY NOTE DUE 05/15/2015 4.125 Firm F1470404 A2 REPO INTEREST JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 329 CLASS PO DUE 01/01/33 STRIP FONT F1313180 DZ TERM REPO AGREEMENT JOURNAL FEDERAL. NATIONAL Mit ASSN SERIES 329 CLASS PO DUE 01/01/33 STRIP RIM F1613178 Al REPO AGREEMENT JOURNAL FANNIE MAE CMO/SERIES 2003.13 5 RCM FLTR 4,910 DUE 03/25)33 FIRM F1613184 Al REPO AGREEMENT CLEAR° TWROVOR RS ymOLLY MAPCO WAISORRY Bar. Steen Searle cap. One — c-cs North ow 11211.3858 FINANCIAL TRUST CO INC sTATIlara P551OO Ate 1.2005 THROUGH Arp 30.2005 Aft. NT WIAMER TAXPAYER µem[R on Me LAST STATOIENT May 31.2005 511.00LOJSP COMM COEI MOM came moan 31395.12H8 -5.147.247 288.000.00 9128280V9 38.000.000 38.095.000.00 9128280V9 -78.000.000 79.482.500.03 912828099 19.661.25 3136FAWE6 14,773,724 10.851.000.00 3136FAV/E8 -14.773.724 - 11,102,000.00 313921082 4.318.034 492.000.00 027 07/011050042 OCT Y1930 EFTA01260409 rn 8 IJ N2 -J o r SOITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICIRG YOUR ACCOUNT Ebar. Steams & Co. Mc. 383 Madison Avenue 10179 16 a. 34 Transaction Detail (contInued) REPURCHASE AND REVERSE REPURCHASE TRANSACT1ONS (centrued) SEMOAttn nuce Can DATE IRANSACTIZT4 cescurcrt 06/10105 JOURNAL FANNIE MAE CACVSEMES 2003-13 5 RCR-413 FUR 4.910 DUC 03/25/33 FIN F1463223 AZ TERM REPO AGREEMENT 06110/05 JOURNAL FANNIE MAE CMCVSERIES 2003-13 S RCR4/0 FUR 4.910 DIE 03/25/33 FRU F1613176 Al REPO AGREEMENT 06010.05 JOURNAL FANME MAE CMO/SERIES 2003-13 $ RCIWO FUR 4.910 WE 03125/33 FITM F1403141 A2 TERM REPO AGREEMENT 06/10105 JOURNAL FANNIE MAE CMO/SERIES 2003-52 KS4/0 FLTR 4.010 CUE 07/25/17 FITM FI613222 Al REPO AGREEMENT 06/10105 JOURNAL FANNIE MAE CMO/SERIES 2003-52 K.S.V0 FUR 4,010 DUE 01/25/17 FIM F1373141 AZ TERM REPO AGREEMENT 06/10/05 JOURNAL FANNIE WE WO/SERIES 2003-52 KS-VO FUR 4.010 DUE 07/35117 FTTM F1613162 Al REPO AGREEMENT 06/10/05 JOURNAL FANNIE MAE CMO/SERIES 2003-52 ES40 FLTR 4.010 DUE 07/25/17 FillA F1613182 A2 REPO AGREEMENT STIABOUCUTO OUANTUT 313921082 6.318,034 31392JDK2 .12.836.068 313921082 12,638,068 313930538 -17.451.605 313930538 17.451.605 313930538 47.451.605 313930538 17.451.605 OESU MOM 525.000.00 0.4,AtO niSC“.• voNO.LT OM» SuLIKAARY fku. Strams SeculOn Col). MeensT foto NOTI IL N Tot 11201.3859 FINANCIAL TRUST CO INC STATENENT ~TO luNa 1.2005 ~0~1 lhne 30.2005 ACCOUNT MAABETt TAXPAYER ?MIMER n CC tar STAMAENT ~y 31. 2005 ONWI MOUNT 984,030.W 998,000.00 1,008,000.00 1.014.000.00 1,014,000.00 OD 070145.-Nte2 OM Vikt EFTA01260410 BEAR STEARNS OFFICE SERVICM YOUR ACCOUNT Bear. Steams b Co. alc 383 Mathieu Avenue New Yak, New York 10179 17 am Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 0 -n SETTLEMENT Duce DATE PATE 06/10/05 •••• 06/10105 045/10105 C in 06/10105 06(10/D5 r 06/10/05 06/10006 90ITS£00- O19- ANGS IS IJ IJ 00 00 TRUSLCISLII MSCinnor JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 346 CUSS 1 DUE 11/01,33 rnm F1453273 A2 TERM REPO AGREEMENT JOURNAL FEDERAL NATIONAL MTG ASS/1 SIRES 346 CLASS 1 DUE 11/01/33 FnM 11613186 C1 REPO AGREEMENT JOURNAL GOVERNMENT NATIONAL MTG ASSN SERIES 2004.30 CUSS SU 4.11000E02120/32 FILM F1613182 Ell REPO AGREEMENT JOURNAL GOVERNMENT NATIONAL MTG ASSN 4.1 SUES M 2004-30 PASS SU 10 e 02n0t32 1111A F1373141 82 TERM REPO AGREEMENT JOURNAL FEDI NOME LOAN MTGCORP0S10109 SERFS 227 CUSS ID 5.000 DUE 12/01/34 HIM F1613196 Al REPO AGREEMENT JOURNAL FEDI. HOME LOAN MTG CORPHS10109 SERIES CUSS PO SACO DUE 12/01/34 FITM F1453273 a TERM REPO AGREEMENT JOURNAL FREDDIE MAC CMOJSERIES 2886 SCUD FLUB 4.210 CUE 07/15/19 NM F1613188 Al REPO AGREEMENT GEARED rES near Ono sunsuit( Us Siena Senn. Co Ge inoin Cris nrin IrocIerL Inv Reg 11201.3n9 FINANCIAL TRUST CO INC sTATeuDer PFROO Are 1.2005 nolOue.o. Ace 30. 2006 STMSOUCUSIP WIMVT OCINIAAOLPII ACCOunr Nunn TAXPAYER MAWR Plim LAST STATEurwr %Ur/ 31. 2005 MAIMS AmOUtil 3136FC8C9 6,964,688 3.800.000.00 3136FC8C9 .6,964.688 5.241.000.00 38374F6T6 -24498,329 1,2974100.00 38374F6T6 24.698.329 1,340000.03 31282YDN6 -18105.686 3.758.000.00 31282YDN6 19,106.686 3.951.000.00 3139512148 .3.598.520 206,000.00 02T 071010!klen 001 Min EFTA01260411 66L£ZZOO- V1.33 BUkft STUNRNS OFFICE SERYCING YOUR ACCOUNT Bee/. Stearns & Co. Inc. 383 Madison Averse) S eek 10179 18 .3, Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACTIONS (continued) SØ WAX DAR pR ~TKO DISCRPT1O21 SIIMOUCUSIP 06110/05 JOURNAL FREDDIE MAC CMG/SERIES 2886 31395J2H8 (-) SC-I0 FUR 4210 DUE 07/15119 RIM F1521442 AZ 0 06/10105 JOURNAL TERM REPO AGREEMENT FREDDIE MAC CIACITSERIES 2888 31395J2148 SC-10 FUR 4.210 DUE D7/15/19 ARM F1543217 AZ TERM REPO AGREEMENT 06/10105 JOURNAL FREDDIE MAC CA40.1SERIES 2886 3139512H8 S C-10 FUR 4210 DUE 07,15/19 m 06/10,05 JOURNAL RDA F1813180 Al REPO AGREEMENT FEDL HOME LOAN MTG CORPES10110 31282YDP1 SERIES 228 MASS ID 6.000 OUE 0201/35 FILM F1613186 B1 REPO AGREEMENT 06710/05 JOURNAL FEDL HOME LOAN MFG CORP•510110 31282YDP1 SERFS 228 CLASS C 6,000 DUE 0201/35 r FITTA 1453273 BZ TERM REFPO AGREEMENT 06/10105 DELIVERED UNITED STATES TREASURY NOTE 9128280W7 DUE 0501/2807 3.500 3.500 DUE 050107 FILM F1531258 A2 TERM RESALE AGREEMENT oanalos RECEIVED UNITED STATES TREASURY NOTE 912828DW7 LOT T SE00 IND ANDS OUE 05/31=07 3.500 3.500 DUE 0501/07 UM F1610852 Al RESALE AGREEMENT 3.596.520 00147 WOW, 209.000.00 21.2.RED THROUCK rts wHOLLY CoemtD SUILtOwn Dew. Sian Secylies cow Ore ~read, Cain Nonn I20c40r. Pies PL 20 2410 FINANCIAL TRUST CO INC STATDIENT eereco June 1.2035 ~coon June 30. 2005 AOCOLNT ,MaER TAXPAWR .22.11[R On Fie TABT tneremenT May 31. 2005 DEPT 'WOW 5.147.247 288,000.00 4,147,247 296.000.00 -17.959,702 2.762.000.00 17.959.702 3.000.030.00 -29.003,000 29.072.500.00 54.000.000 54.067.500.00 027 07l01.01cleA2 001 VOW, EFTA01260412 0/ARID THROUGH ITS vnOLLY &MED SuISCARY -n C rn r 80ITS£00- 019- ANGS 8 b.) IJ OO BEAR STEARNS OFFICE SERVICIVO YOUR ACCOUNT Beat. Steams & Co. Inc. 383 MathSan Avenue New Yak. New York 10179 19 ex Transaction Detail (continued) SW. Susan Soaves Co' on Ikeviech Oro. Win Breedlr. New crt 20 3559 FINANCIAL TRUST CO INC STATIMENT PEF600 Arne 1.2005 mecuon lone 30.2005 AcCOuur Numeen TAxPANIR mama Celle REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) LAST retie PIT /07 31.2005 SITTUNINI TIM( DATE DAR TRIMSACTON OLSCAYMON SvieeCutuSP WHIM Ofltri MCJWT anon AMOUR 06/10/05 DELIVERED UNITED STATES TREASURY NOTE 912828LY/i7 -54.000.000 54.067.500.00 DUE 05/31/2007 3.500 3.500 DUE05/31/07 MIA F1610852 A2 WULF AGREE/AM 0&1005 RECEIVED UNITED STATES TREASURY NOTE 9128280W7 54,000.000 54.067.500.00 DUE 05/31/2037 3.500 3500 DUE 0931/07 FAA 11610652 A3 RESALE AGREEMENT DELIVERED UNITED STATES TREASURY NOTE 9128280007 -54.000.000 54.067.500.00 DUE 05/11/2007 3.500 3.500 DUE 05/31/07 11Th E 11610852 A4 RSALAGREDAFXr RECEIVED UNITED STATES TREASURY NOTE 9128280W7 54.030.000 54.087.500.00 DUE 05/31/2037 3.500 3.500 DUE 05/31/07 FM.I 11810652 AS RESALE AGREEMENT 06/10105 0670/05 . . . 06/0105 INTEREST FEDERAL NATIONAL PEG ASSN 3138FAWE8 29.749.82 MRCS 329 CLASS PO STRP WE 01/01/2033 0.000 MA F1313180 Di REPO INTEREST 06/10 /0 5 INTEREST FANME MAE CMCVSERIES 2003-13 31392J(W2 721.88 S RER4/0 RIR WE 03r25/2033 4.910 FRIA F1463223 AZ REPO PREREST INTEREST FANNIE MAE CMO/SEMES 2003-13 31392/082 1,911.49 S R0R-P0 FLIV FDA F1 DUE 03/2540314 /2033 1 AZ40310 REPO INTEREST 06/1095 027 01/07/2211742 CO1 VOW EFTA01260413 I 081:2700-Vida 0 -n C rn r _ 6OTTSE00 INS ANGS BEAR STEARNS OFFICE MIMING YOUR ACCOUNT Baer. Stearns & Co. Inc. 383 Madison Avenue New Yetk. Now York 10179 20 e 34 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SEMIAltNT TRADE 00( CAtE 19/MACI1ON OESCRIPTION 5.1.140XLSP GUMMY DEW MOW Ott CO AISOUIT 06110105 INTEREST FANNIE MAE CMOISERIES 2003.52 KS-VO FUR 31393C538 2210.88 Dig 07/25/2017 4.010 WM REPO INTEREST F1373141 AZ 06/10/05 INTEREST FEDERAL NATIONAL MTG ASSN 31348C8C9 5.556.44 SEWS 348 CLASS 1 Cu 11/01F2033 0.000 NA R 1453273 AZ REPO INTEREST 0620105 INTEREST GOVERNMENT NAIOJL MTG ASSN 38374F676 2.939.07 SERIES 2004-30 CLASS SU DUE 02/202032 4.110 Film F13731 BR W O M EREST 41 06110105 INTEREST FEEL HOME LOAN MTGCORP1P510109 31282YDN6 5.777.24 SOWS 227 CLASSIC out 12/012034 5.000 MIA F1453273 C2 REPO INTEREST 06/10/05 INTEREST FREDDIE MAC CMG/SERIES 2886 SC4/0 FUR 313951288 171.90 [DE 07/1502019 4.210 Firm F1523442 AZ REPO MEREST 0610105 INTEREST FREDDIE MAC C1AOISERIES 2888 sc- FU 31395)2148 184.24 DuE 07/15/2019 4.210 FIRM F1543217 AZ REPO INTEREST 06/1005 INTEREST FEDI. HOME LOAN MTG CORPOS10110 URNS 228 CLASS IT) 31282TOpi 4.386.67 C4448:0 7.1%000. ITS WnOtlY 661.40 W8400 /if Mn Tars Stottkl Co? Me %t at, Ctenet Noci . Nye Tort 11201.3859 FINANCIAL TRUST CO INC ST Teen' nano Arne 1.2005 twicucm rune 30. 2005 •=01.1.47 TAYPAYER Wk/SER On Si* LAST STAMWT May 31. 2005 DUE 024012005 5.000 FIN F1453273 62 REPO MEREST Eel 07401.081042 COI 1894P EFTA01260414 m I8 IJ 00 IJ IJ -n C in r OTITS£00-019-ANGS BEAR STEARNS CLEARED 17IROUG14 ITS MOLLY OVARED SURSIVART OFFICE SERVICRYG YOUR ACCOUNT Bev Sterns Seanles Corp Bear. Stearns 6 Co. Inc. Orr Ifeemeell Cow *a 383 Madison Avenue worart ram at 0 leS9 New YOtt.. New York 10179 FINANCIAL TRUST CO INC 21 ot Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (cominuere SETTLEMENT DATE MAW DATE lltellSACTON ettarrirrat snisoucus• Origin DEW AUCUNI CREDO AMOUNT 06/10/05 MEREST mato STATES TREASURY NOTE 9128280147 16,918.58 DUE 0501/2007 3.500 MIA 11531268 A2 RESALE INTEREST 06/13/05 JOURNAL FANNIE IME CMCVSERIES 2003.13 313921042 6.318.034 $ RCR40 FUR 4.910 DUE 03125/33 HIM 11463225 02 TERM REPO AGNIIIRVI 06/13/05 JOURNAL FANNIE IME CMO/SERIES 2003-13 31392/DKR 4.318.034 S RCR-VO FUR 4.910 DUE 03/25/33 PIM 11643354 Al REPO AGREEMENT 0611305 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374F087 26,400.000 SERIES 2004-S CUSS PS 3.860 DUE 02/2003 RIM F1153278 32 TERM REPO AGREEMENT 06113105 JOURNAL GOVERNMENT NATIONAL MEG ASSN 38374F087 -26.400.030 2.000.000.00 SERIES 2004-5 CLASS PS 3.850 DUE 0203133 FILM 11643354 81 REPO AGREEMENT 06/13/05 JOURNAL UNITED STATES TREASURY NOTE 9128280V9 41.000.000 61,152,500.00 MM 11640590 Al 4.12$ DUE 05/15)15 REPO AGREEMENT 06/1305 JOURNAL UNITED STATES TREASURY NOTE 912828DV9 78,000.000 79.462.500.00 FILM F1540558 A2 4.125 CUE 05115115 TERM REPO AGREEMENT OM 105 INTEREST UNITED STATES TREASURY NOTE 912828DV9 30.681.35 DUE 05/15/2015 4.125 FONT F1540556 A2 REPO INTEREST niter/7' peace tune 1. 2005 awake Jone 30.2005 ACC/AM Rumen TAxrArrA mace" C0 file tAsT sTATemeNT May 31.2005 027 07/01705:10712 001 MOW EFTA01260415 BEAR STEARNS OFFICE SEM:VG YOUR ACCOUNT Dear, Stearns & Co. Inc. 383 Mermen Avenue New York V 10179 22 rt Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) MADE OATE 200 IMMO= 06/14/05 JOURNAL C) 0 06114/05 JOURNAL ZT1 1 06/14/05 INTEREST C m 06/16/05 JOURNAL 06/16/05 JOURNAL r 06/16/05 JOURNAL 06/16.035 JOURNAL ITITS£00- 019- ANGS b.) IJ CUARED nvvaxer n8 weCtior 00140 Sia.330010 per Shares Sonnies Ca0 Dne 1/WrOted, feta WM 112014049 FINANCIAL TRUST CO INC SietrUner >F,000 June 1.2005 00,0.00 June 30.2005 AA S00,1 TAS00,12 0.08ER LAST 312/a0S7 an 31.2005 0,300,11CH SY200110120 OMER Dan MOM 00011 AWCIPO UNITED STATES TREASURY NOTE RIM F1640690 A2 912828099 81.030.000 61.152.500.00 4 125 DUE 05115/15 TERM REPO AGREEMENT UNITED STATES TREASURY NOTE FTDA F1650641 Al 912828DV9 45,000,000 65.081.250.03 4.125 DUE 05/15/15 REPO AGREEMENT UNITED STATES TREASURY NOTE 912928099 2.072.39 DUE 05/15/2015 4.125 A2 FITTA PO IVTF1640590 RE EREST FEDERAL NATIONAL MTG ASSN SERIES 329 CLASS PO 3136FAWE6 -15,246.375 11253320000 DUE 01/01/33 SOAP FILM F1673108 C1 REPO AGREEMENT FEDERAL NATIONAL LITE ASSN SERIES 329 CUSS PO 3136FAWE6 15.246.375 11,334,000.00 OUE OU01/33 STRP FnAl F1343275 EZ TERM REPO ACTIECWOrt FANNIE MAE CMG/SERIES 2003.13 31392/062 6318.034 ••••• • 5 RCRILD FUR 4.910 DUE 03125/33 FIlM F1643154 A2 TERM REPO AGREEMENT FANNIE MAE CMO/SERIES 2003-13 3139210%2 4319.034 S RCR4/0 FUR 4,910 DUE 03/25/33 FM F1673224 R3 REPO AGREEMENT • 021 oTiniccuto col wear EFTA01260416 CLEARED ThROLG..1 ITS vinOu.Y Om£D S.AsOwti 0 -n C rn r ZTITS£00- 019- ANGS 8 IJ IJ 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT OW. Steams & CO. Inc. 383 Madisal Ammo New York. New York 10179 23 or 3. Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SETREVOrt EWE TRADE WC TROISACDOM Ca010,104 MADOIJOS OLIOMIY DINT AMOUNT CREDIT AMOUNT 06/16105 JOURNAL FANNIE MAE CMOISER1ES 2003.13 313921082 -6318.034 507,000.00 S RCR40 FLT/ 4,910 DUE 03/25/33 F111A F1673224 Al REPO AGREEMENT 06(16/05 JOURNAL FANNIE MAE CMOISERIES 2003-13 31392JDK2 8,318.034 507,000.00 S RCR-PO FLIR 4.910 CUE 03/25/33 MLA F1673224 A2 REPO AGREEMENT 06116105 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCKC9 -79,592,834 74.345.000.00 SERIES 352 CLASS 1 0.001 DUE 07/01/34 FEN F1673109 ttl REPO AGREEMENT 06/16105 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCKC9 19.502.834 14,434,000.00 SERIES 352 CLASS 1 0.001 OM 07/01/34 Mu F1363275 02 TERM REPO AGREEMENT 06/16/05 JOURNAL FEDERAL NATIONAL MFG ASSN 3136RXD6 48,340,469 2.700.000.00 SUES 353 CLASS 2 5003 DUE 07/01/34 FRU t1673108 A3 REPO AGREEMENT 'arises JOURNAL FEDERAL NATIONAL MTG ASSN 3136FLUD6 -18.340.469 3.703.000.00 SIRES 353 CLASS 2 5,000 DUE 07/01134 Firm F1673108 Al REPO AGREEMENT 06/16/C6 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCLC6 18.340.469 3.701000.00 SERIES 353 CLASS 2 5,000 DUE07/01/14 Flue F1673108 A2 REPO AGREEMENT Btu. Swifts SeositeS 0t Menton. Cent, ,lath liteany. MS Yen 11201.3139 FINANCIAL TRUST CO INC s-ArtwINT n.ROD lure 1.2005 00,0ato.t Ha 30.2006 Attain- m..ABAR TAxrAYDI ',wont On Ilk or: rArevem7 May 31.2005 027 07237/03:10.2 001 MM. EFTA01260417 m cim H r EITTSEOCINDANGS I8 IJ DO IJ An BUR STDARNS OFFICE SERVICING YOUR ACCOUNT SW. Stearns & Co. Inc. 383 Morison Awn:* k 10179 Transaction Detail (continued) CLEARED 'IliCt.)GLI at, VaICLLY 0A•40 SLILRIDaJa Bar. Slaws starlet Can. Orelierarth feta Para Mir 11201-3$59 FINANCIAL TRUST CO INC STA711/EVT Pew., An 1.2005 10.0Q01 Arc 30. 2035 ACCOU% Welt REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS stntwon WADE DATE DATE itimSAL101 DESCRPDON (continued) 517.1170UCLE97 wUt1ltY DUO WWII TAXPAVIat MASER rFie (AST STAITYEVT MO 31.2005 CA(CO MACAO 06/16/05 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 353 CLASS 2 3136FCLD6 18340.469 3.844.000.00 5.000 DUE 07101134 FILM F1363275 02 TERM REPO AGREEMENT 06/16/05 JOURNAL UNITED STATES TREASURY NOTE FITM F1670707 Al 912826099 -se.000.000 48.060.000.00 4.125 DUE OS/15715 REPO AGREEMENT 06/16/05 JOURNAL UNITED STATES TREASURY NOTE FEN F1650541 A2 912826DV9 65.000.000 65.081.250.00 4.125 DUE 05/15/15 TERM REPO AGREEMENT 06/16/05 INTEREST FEDERAL NATIONAL MTG A694 3136FAWE6 32.109.85 SERIES 329 CLASS PO STRIP DUE 01/01/2033 0.000 Firm F1363275 Cl REPO MEREST 0611605 INTEREST FEDERAL NATIONAL MEG ASSN SERIES 352 CUSS 1 3136FCKC9 40892.32 Out 07101/2034 0.001 MIA F1363275 Di REPO INTEREST 00/16/05 INTEREST FEDERAL NATIONAL MTG ASSN 3136FCLO6 10.890.27 SERIES 3S3 CUSS 2 DUE 07/01/2034 5.000 Firm F1363275 02 REPO MEREST 06116405 INTEREST UNITED STATES TREASURY NOTE 912828099 5.260.73 OUE05'152015 4.125 Frrm REPO INTEREST F1650641 402 027 07J01/03:10:42 OO1 Sir EFTA01260418 -n C in r VIITS£00- 019- ANGS I8 IJ 00 IJ BEAR STEARNS cencE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. Tel \ellen^ Avenue 25 et p Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASE TRANSACTIONS Rocumec0 REARED THROJOH 911,eµ'1 0s740 3uStsetstty SOS. S,e&ns St0/11t1 COS. Cse 1Seuvech Cave Win ails" 11701.281.9 FINANCIAL TRUST CO INC STsissesT POs700 lune 1.2005 TnStocks lst10 30. 2005 ACCOSST MASER T•SPANTR watt" On rie La.31 STATatnt May 31.2005 SE MMES! 1R&DE DATE OATE 11207SACTON COMPTON SMIIKX)040 00•11110 01130 NOUN 07101 AM:sse 06/17105 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 329 CLASS P0 CUE °noun STRP FMA F1683150 Al a AGREEMENT 3136FAWE6 4.921.570 3.652.000.00 06/1705 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 329 CLASS PO DUE 01/01133 STRP RIM F1673108 C2 TERM REPO AGREEMENT 3136FAWE6 15,246375 11.253.000.00 06/17/05 JOURNAL FANNIE MAE CMD/SERIES 2003-52 31393CS39 17,451,605 AS4.0 RIR 4 010 DUE 07/25/17 FMA F1613222 A2 TERM REPO AGREEMENT C6/17/05 JOURNAL FANNIE MAE CMO/SERIES 2003-52 313930339 -17.451.605 ILS-P0 FUR 4.010 CUE 07/25/17 FITM 11613222 AS TERM REPO AGREEMENT 0611705 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 43,929.377 10.000.000.00 SERES 346 CLASS 1 DUE 11/01/33 FITM F1683152 A3 REPO AGREDAD/T 06117/05 JOURNAL FEDERAL NATIONAL MPG ASSN 3136FCSC9 -13.929.377 10.312.000.03 <ANIS 346 CLASS 1 DUE 1101/13 FIDA F1683152 Al REPO AGREEMENT 06/17/05 JOURNAL FEDERAL NATIONAL MPG ASSN 3136FCSC9 13,929.377 10.312.003.00 SERIES 346 CLASS 1 DUE 11/01/33 MA F1683152 A2 REPO AGREEMENT 027 07/0414.10142 001 1/1111W EFTA01260419 En I8 b.) IJ 00 00 0 0 -n C rn r STITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams b Co. 383 Madison Avenue New Y New Ynh 10119 26 e a, Transaction Detail (continued) CAUSED TINOUOn rs NAGI, ONsID SLIANCoAr Sev. Sterns Semite. Cap. Cm/Anse:0 Cuts Math fr Ike Nei 11201-3850 FINANCIAL TRUST CO INC ssArolCNT AENOD Ate 1.2005 INACON. Jove 30.2005 ACCOuNT MAW TAAPAreli MAIM 00148 REPURCHASEAND REVERSE REPURCHASE TRANSACTIONS (contnuecr) SETTIDADIT NADI DATE OATS IIIANYCTION CESEESPITh SYSSOUCIA, OUNITIN COM NAOMI LAST STATINENT may 31.2006 CINOrt Aspaea 06/17105 INTEREST FEDERAL NATIONAL MEG ASSN 3136FAWE6 1.081.54 SERIES 329 CLASS PO STRIP DUE 01/01/2013 0.000 FITM F1673108 C2 REPO INTEREST 0622705 JOURNAL UNITED STATES TREASURY NOTE 91282800 .28.000.000 213,210000.00 HIM F1730506 Al 4.125 DUE 05115N5 REPO AGREEMENT 06/22/05 JOURNAL UNITED STATES TREASURY NOTE 9128280W 48,000.030 48,060.00100 NM F1670707 A2 &IRS DUE 05/15/15 TERM REPO AGREEMENT 06/22105 INTEREST UNITED STATES TREASURY NOTE 9128280W 10.439.70 DUE 05/1512016 4.125 RDA F1670707 A2 REPO MEREST 06/23/05 JOURNAL GOVERNMENT Pi/MORAL MTG ASSN crows 2004-5 CUSS PS 38374F067 26.400,000 2.0)1000.00 3.690 DUE 02/20/33 FITM F1643354 82 TERM REPO AGREEMENT 06/23/06 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374F0B7 -26,400,000 2.615)203.00 SERIES 2004-5 CLASS PS 3.690 DUE 02/2043 FITM 11743068 Al REPO AGREEMENT osavos INTEREST GOVERNMENT NATIONAL MEG ASSN 38374N:787 1,872.22 SERIES 2004-5 CLASS PS DUE 02/202033 3.690 Rim F1643354 82 REPO INTEREST 06/27105 JOURNAL FANME MAE CMO/SERIES 2003-13 31392/062 6.196.744 S RCR.80 FUR 4.910 IDUE 03/25/33 my F1673224 As TERM REPO AGREEMENT 027 OTIOT/ONICbs2 001 NONA EFTA01260420 CLEARED 11610004 011 wnCaa 0.6463 Svaai00/0 BEAR STEARNS MICE SERVICING YOUR ACCOUNT Bear. Steams 8, Co. Inc. 383 Mason /120100 New York. New York 10179 27 0134 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SITIID.100 WOE DATE 0611 06/27/05 0 06,27/05 -n 08227/06 C in 06/27/18 r 06/2705 06/27/05 06127,05 9TITSEOCIA19- ANGS 8 b.) IJ 00 00 0-0 00 TRASS1C102 DESCRIP1101 JOURNAL FANNIE MAE CMO/SERIES 2003.13 S RCR-I0 FUR 4. E 910 W 03/25/33 Mu F1783380 81 REPO AGREEMENT JOURNAL FANNIE MAE CMO/SERIES 2003.13 S RCR4/0 FUR 4.910 DUE 03/25133 FTTE4 F1613184 At TERM REPO AGREEMENT JOURNAL FANNIE MAE CMO/SERIES 2003-13 $ RCR.V0 FUR 4.910 CUE 03/25/33 RIM 41613176 A2 TERM REPO AGREEMENT JOURNAL FANME MAE CMO/SERIES 2003-13 S RCR4/0 nTR 4.910 DUE 03/2603 Fin' F1613176 A3 TERM WO AGREEMENT JOURNAL GOVERNMENT NATIONAL MTG ASSN 3.SERIES 2C04-30 CLASS SU 940 DUE OV20/32 nTm F1783360 Cl REPO AGREEMENT JOURNAL GOVERNMENT NATIONAL NM ASSN SERIES 2004-30 CUSS SU 3,940 CUE 02/20) Frrm F1613182 32 82 TERM REPO AGREEMENT JOURNAL FREDDIE MAC CMO/SERIES 2886 SC40 FUR 4.080 DUE 07/IS/IR ram F1783380 Al Rust AGREEMENT —Sawa Sedfuts 06, Cne Ikintech Crow, 1100 W.46 Yerk 112014659 FINANCIAL TRUST CO INC SIA06.16.1 PeRt00 0091. 2005 11460.146 A.6. 30. 2005 ACCO20 110MER rAXPAVER ...out On File 0110CUCUSIP OU06112 Call MO NT 1AST 5TATEuEwr lay 31, 2005 CREDIT NW 31392/0142 -12.393.489 3139210K2 6.196,744 492,000.00 31392.0142 12.393.489 984.000.00 31392X/K2 -12.393,489 984,000.00 38374F6T6 -24,430,632 38374f6T6 24,430.632 1,297,000.00 31395.12118 -5.051.428 021 0791/D5;1042 031 2693111 EFTA01260421 608aZOO-Vin 0 m cim H r LITTS£00 IND ANUS BakR STBCRNS OFFICE SERVICHG YOUR ACCOUNT Beet. Stearns & Co. Inc. 383 Ma Coon Avenue New Yoh, New Yak 10179 28 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (anti/wed) 52171DA00 RAM 141E OAR MOSACTON cesatimcw 06/27/05 JOURNAL FREDDIE MAC CMO/SERIES 2886 SC-VV NUR 4.080 DUE 07/1919 FILM 71613160 A2 TERM REPO AGREEMENT 06/27/05 RECEIVED UNITED STATES TREASURY NOTE DUE 05/31/2007 3.500 3.500 DUE 0501/07 rnm F1780714 Al RESAIE AGREEMENT 06/27/05 DFJJVERED UNTIED STATES TREASURY NOTE CUE 05/31/2007 3.500 3,500 OM 05/314)7 rum F1610952 A5 TERM RESME AGREEMENT 06/27/05 INTEREST FANME MAE CMO/SERIES 2003-13 S RCR.V0 FLTR DUE 0305/2033 4.910 FILM 71613164 A2 REPO INTEREST 06127/05 INTEREST FANNIE MAE CMO/SERIES 2003.13 S RCR.VO FUR DUE 03125/2033 4.910 MIA 71613178 A2 REPO MEREST 06/27/06 INTEREST FANNIE MAE C443/SEMES 2003-13 S RCR4O CUR WE 0305/2033 4.910 nal 71613176 A3 REPO INTEREST 0607105 INTEREST GOVERNMENT NATIONAL MTG ASSN SERIES 2004.30 CUSS SU DUE 02/200032 3.940 F1TM 71613182 B2 REPO PINREST CLian n.ROUSH aloCtiY OwW20 81/680)W17 Bar Swan Winton Cap. Cro Veatch Coat Myth pow v 1120148$i FINANCIAL TRUST CO INC STATOAINT PERICO 5.0ne 1. 2005 Th 0VGM Ant 30.200.5 ArCON7 MAryilist TPXPAY211 Nolan. On Fle LAST $TATEPANT May 31.2005 symEcuOMP aMMUTY CM M400.1 MOO AMMO 31395/2148 5.051.428 299000 00 9128280W7 34.000.000 34.127.500.00 912828M -54.000.000 54.067.500.00 31392JDK2 784.56 313926362 1.589.16 313924092 1.589.16 383747676 2.094.66 027 07/01/01c1004 COI WOW EFTA01260422 0.1ARID ne0JGI rR VOCur PINGO SaitaltY 0 -n C rn r 8TITS£00- 019- ANGS 8 b.) IJ 00 BEAR STEARNS 29 a54 OFTTCE SERVING YOUR ACCOUNT Bear. Steams & Co. Me. 383 Madison Avenue New York. New York 10179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continue.* SEMINOrt DATE WADI Okrt TRAMSKTDPI caosmow mectieuSP OUANITY 01ST MO200 Cia0 06/27/05 INTEREST FREDDIE MAC CMO/SERIES 2886 31395/2146 478.04 SC413 FUR CUE 0735/2019 4.060 Wm F1613180 A2 REPO INTEREST 06/2705 INTEREST UNITED STATES TREASURY NOTE 9128280W7 55.734.58 DUE 051312007 3.500 FTM F1610852 A6 RESALE FREEST 06/300.5 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCKCB -8,518.623 6.373.000.00 SERIES 352 CLASS 1 0.001 DUE 07,01/34 mu F1813372 81 REPO AGREEMENT 06/3005 JOURNAL FEDERAL NATIONAL MEG ASSN 3136FCL06 -9,170.234 1.737.000.00 SERFS 353 CLASS 2 5.000 DUE 07/0134 M).4 F1813372 Al REPO AGREEMENT 06/30/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCLD6 18.340.469 2.700.000.00 SERFS 353 CLASS 2 5.000 DUE 07/01/3/ FITAI P1673108 A4 TERM REPO AGREEMENT 06/30105 JOURNAL FEDL NOME LOAN MTG CORPOS10109 31282Y0N6 .9.552.843 1.861.000.00 SERIES 227 CUSS 13 5.000 DUE 12/01/34 FITU FI813372 Cl REPO AOREEIADO 06/30/05 INTEREST FEDERAL NATIONAL MTG ASSN 3136FOUS 3.633.00 SEWS 353 CLASS 2 DUE 07/013034 5.000 Mm F1673108 AA REPO INTEREST TOTAL Ye ion Segura.. Co' Oro israsmith cat men Pared Tot 11211.3059 FINANCIAL TRUST CO INC STA2100.2 P21000 Are 1. 2005 Til2020.4 xne 30.2005 ACCCvs7 441201P TAXPAYER row)/ on me LAT sta-rwKr May 31.2005 5-607 638 910 69 5626 942 937.32 027 020105:104.2 001 VIY202 EFTA01260423 BEAR STEARNS MICE SERVICING YOUR ACCOUNT Sew. Stearns b Co. Inc. 383 Madison Avenue Naos 10179 CLEARTO 11-ROLON nA ANCT.LY Cvn40 SutLIOLTAv Our. Siwe Swann Cao Ow *meth Coln MYPI . Tn Vat 11201.3419 FINANCIAL TRUST CO INC 30 au Transaction MISCELLANEOUS OATS Detail (continued) STATTWONT PERCO Are t 2005 1NROUCM :Lro 30.2006 ACCOUNT Vara ?AMNIA HAW On Fie LAST ENTININT May 31.2005 IRMGACTION COOTANTON OM ACM CAMTI OTICUNT MOUNT 05/01/05 JOURNAL TO CMDY A/C 021-5212841 203,925.00 06/02/05 JOURNAL TO CMDY NC 021-52128-Fl 469.445.00 0 06/03/05 06/07/05 JOURNAL JOURNAL FR CMOY A/C 021.52128-F1 FR CMOY A/C 021.5212841 570,183.00 35,468.23 -n 06/09/05 06/1005 JOURNAL JOURNAL TO DAN MC 021-5212841 FR CMDY NC 021-5212841 88,767.00 144.391.50 06./13/05 06/14/05 06/15/05 osnems JOURNAL JOURNAL JOURNAL FR CMDY MC 021-52128-F1 TO CMDY A/C 021.5212841 TO CMDY A/C 021-5212841 FR CMOY MC 021-52128-F1 130,858.50 79985.00 897.315.00 6 611 00 C in 06/17/05 JOURNAL TO CMDY A/C 021-52128-F1 228.374.50 06/21105 JOURNAL FR CMOY A/C 021-52128-F1 42.66900 06/23105 JOURNAL TO CMOYA/C 021.52128-F1 317,653.00 r 062005 06/28/05 JOURNAL JOURNAL FR CMDY NC 021-5212841 MAY 05CLEARING FEES 2,250.00 6,065.00 06/29/05 JOURNAL FR CMDY NC 021.52128-F1 75.990.50 06130/05 JOURNAL FR CMOY A/C 021-52128.F1 100310.50 TOTAL 5-1.521.258.00 51.878.994.73 6TITS£00- 019- ANGS IJ IJ 027 0710146:1042 001 WHIP EFTA01260424 CLE7.1020 111ROU3/4 ITS WHOLLY OM OD SLOSCWAY rn IS b.) 00 IJ IJ -n C in r OZTTS£00-019-ANGS BEAR STEARNS OFFICE SERVICING YOuR ACCOUNT Beet. Stearns & Co. Inc. 383 ?Mason Avenue Nee. vork, '10,a 1C179 31 ct Trades Executed Pending Settlement ice.Siumt Samosa en. Om. 1.1WOHN Ciao MAK Mr *AAA . Neff WO 11201.12511 FINANCIAL TRUST CO INC STA/112110 P01170 ire 1.2005 THROV7H mor 30.2005 ICCOLort MAW 7/7:PAYER WNW On FM LIST STA11311110 Mly 31.2003 3.1 130 DM O 111 O 17 DM maassenoN otsertonaa snocuCanla OUMOTO Ma OM MODU10 07/01/05 06/30/05 SOW UNITED STATES TREASURY NOTE 912828073 -15000.000.00 99.9977 15,001,132.58 DUE 061302007 03.625% JD 30 0988778197972 REU3 02 7 6 % TO M MAMY GVER REF # 51813788 81 agar MOW 07101/05 06/30105 SOLD UNITED STATES TREASURY NOTE 912828073 -50.030000.07 99.9977 50.003.775.27 DUE 06/3012007 03025% JO 30 0988778197972 YIELD 3,826 % TO IA/AIM GVER REF • 61813788 A1 07/14/05 06103/05 BOUGHT FNMA 30YR TBA GTO 51080797 15,000,000.00 100.2167 15.032.812.50 SETT. 0766 01.E 07/01/2035 05.000% 0967021011332 REF * 2005060357110000 BS 07/14105 06/23/05 BOUGHT FNMA 307R TBA GTO SA90797 30,000,000.00 99.9609 29.988.281.25 SETT. 07/06 DUE 07/01/2035 05.000% 0987022118099 REF r 2005062357210030 ES FNMA 30YR TBA G1D SA80707 -30.000.030.03 98.6195 29.555.859.38 SETT. 07/05 DUE 0741(2035 05.000% 0987021011332 REF • 2005060557410000 BS 07/14/05 05/06/13.5 SOLD 07/14/05 06/06/05 SOLD FNMA 30YR !BA GTD SA80797 -15.000.003.03 99.5937 14039.062.50 SETT. ONOS DUE 07/01/2035 05.030% 0987797115332 ASS Cf • 2005050757140000 BS 06.03435 07/14M5 06107/05 SOLD FNMA 30YR TBA GTO 51080797 -15.000.CCO.00 99.5937 14.939.062.50 SETT. 07/05 DUE 07/01/2035 05.000% 0987797115332 REF 12005060757140000 BS 027 ONenaLican col WIMP EFTA01260425 I77 8 TJ IJ -n C in z r INTS£00-019-ANGS BEAR STEARNS 0117CE SERvia% YOUR ACCOUNT Bear, Steams & Co. Inc. 383 Mattson Avenue New Y om itlair 10179 32 Trades Executed Pending Settlement (continued) CLCARED 1700.0. 01 vnteLLY OwlEO SLAAJWART Sw Swim Mown CMA VeroWS Oros *oh issit201MLW FINANCIAL TRUST COM eternamy moo An I. ZOOS MOONS Are 30.2005 ACCOUNT Maw TAMS.% MOWER en File LAST STAMM:NT MSS 31.2005 SEMDAEM DATE TMOE MIT MANSARION DOORMEN SOMML0.60 CMAMITI MEE OM MCOM MOM MOM 07/14A)5 06/07/O5 CANCEL SW. FNMA 30YR T8A GM SETT. 07/05 SA80797 -15,000.000.00 99.5937 14,939,062.50 DUE 07/31/2035 05.030% 0987797115332 REF • 2005050757140000 85 AS OF 08/07.05 07/14/05 05/19/06 SOUGHT FNMA-30YRONIAAIGTD SEIT.07106 54082870 30.000.000.00 100.8671 30.260.158.25 DUE 07/0112035 05.500% 09872130211332 REF 5 2005051957050000 65 07/14/05 05/23/05 SOUGHT FNIAA-30YRIFNMAKID SETT.07/08 54082870 30,000,000.00 101 30,300,000130 WE 07/002035 05.500% 71 09 35514332 REF8 • 2005062357100000 BS 07/14/05 05/8/05 SOW FNMA-30YRIFIIMAXM 507.074076 54082870 -30,000.000.00 100.5156 30,154,687.50 DUE 07/002035 06,500% 098728021132 REF • 20060530637450000 BS 07/14/05 05/28/05 SOW FNMA.30YRIFNM40070 S100706 SA82870 430,000,000.00 100.9531 60.571.875.00 DUE 07012035 05.500% 0987018110332 REFS 2005052657180000 BS 07/14/05 06108/05 BOUGHT FNMA 30YR GTD SETT, 07/05 54082896 50,000,000.00 102.6054 51,302,734.38 CUE 07/01/2015 06.003% 098 11533 REF • 77 97 20050607257180000 85 AS Of 06106/05 027 0701/001042 OM MOW EFTA01260426 to IS b.) IJ so 30 0 -n C rn - 1 r ZZITSEOCIN9- ANGS BEAR STEARNS OrDC( sERvaNG YOUR ACCOUNT Bear. Steams a Co. Inc. 383 Madison Avenue N Y k 10179 33 a 31 Trades Executed Pending Settlement (continued) 5191002rt !VEX COE 003F 07/14/05 06/03/05 SCAB FNMA 30YR GTO SEN. 07106 DUE 07/01/2035 06.000% 0967021011332 REF * 2005060357070000 95 TOTAL TRAPGFCTOI OESCRIPTION SYROCECuSsu 5A82898 -50.00000060 102.7968 51,398,437.50 Ma'am Peet =ARM neCuCe. ITS VORILLY OVAIRE scaszoneen MR. Sun Swan Owe 1111RXIC/1 OMR MIT NPR rat 11201.35W FINANCIAL TRUST CO INC STATEWNT CARCO June 1.2005 7143AJAN June 30. 2005 A•zEOUNT HAWSER TAXPAYER 111AXEER CORP LAST STATEWERT WY 31. 2005 018n &ROM CRTC* FEAOURI 51 71.823.046.88 $266.563.892.23 iv. SR PARR de AN sew* nal, (the, ARRA Ors Semen Your messages Ear Bear Stearns receives payments or other remuneration from the advisers. distributorS or other affiliates of certain of the mutual funds available through Bear Stearns. Such payments or remuneration are for administrative. technological Cr other services provided in connection with fund accounts and are generally calculated based on the amount of assets held In the accounts. Such payments or other remuneration are in addition to Shareholder servicing and distribution fees that Bear Stearns may receive. Funds whose affiliates do rot make payments to Bear Stearns. including funds that may pay a higher or loner rattan. may be available to you. NOTICE OF CHANGE PURSUANT To TRUTH IN LENDING SEC RULE 10b-1S Effective no earlier than thirty (30) days from your receipt of this statement. the annual rate of interest charged on any credit extended to you by Bear Stearns for the purpose of purchasing, carrying or trading in any security or other property shall be based CO either the Bear Steams Margin Basis Rate. the Bear Steams Fed Funds Rate or the London Interbank Offering Rate CUBOR1. as notified to you upon request. The Bear Stearns Margin Basis Rate will be quoted daily by Bear Steams at our main office in New York. Factors affecting the determination of the Bear Stearns Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that Bear Stearns is charged for borrowing money. The Bear Stearns Fed Funds Rate Is the rate for U.S. dollar funds. as quoted by an independent broker of such funds selected by Bear Stearns for the last transaction completed prier to 9:30 a.m. (Eastern Time) on the business day on which such rate is determined. The annual rate of interest be no more than 3% above the Bear Stearns Margin Basis Rate or 4% above either the Bear Stearns Fed Funds Rate or UBOR and will appear on your monthly statements. 017 07101.36.10 42 001 111103P EFTA01260427 0 Tz z r ENTS£00- 019- ANGS IS b.) b.) so V74 BEAR STEARNS OFFICE SERMONG YOUR ACCOUNT Boar. Steams & Co. Inc. 383 Madison Avenue New York. Now York 10179 34 nth 12? If Bear Steams makes changes in any of the credit terms and conditions described herein or if a change Is required by law, we will notify you of such change within a reasonable period of time. unless such change results In the same or a higher rate to you. In which case we will provide you at least 30 days prior written notice. The annual rate of interest you are charged is tied to the Bear Steams Margin Basis Rate, the Bear Stearns Fed Funds Rate or UBOR and may fluctuate with those rates. The changes in rates resulting from this fluctuation will be made without prior notice to you (as contrasted with changes in the credit terms and conditions, notice of which will be provided as described above). Except as described above, the Truth in Lending disclosure previously provided to you remains in effect. End of Statement CLEARED 11WOLON ITS LAHOUN OWNED SJIMIDARN Mem. Swans Masons On 0 - e 'AMMO, Cat. awn Brossan It. Yam 11201.385P FINANCIAL TRUST CO INC STAnDeNT PFP300 Sala 1. 2005 weet7)), lune 30.2005 ACCOLte NDWIER 'MOANER rambei Onfos LAST STATEMENT May 31.2005 027 07/010) '042 00' vmro EFTA01260428 CLEARED THROW., ITS ?MOLLY OSSEO SLISSOARY rn IS IJ so IJ BEAR STEARNS orncc SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 MECIDADEL nvmue New Yak. New York 10179 clIM=M ACCOUNT DICuTiyE GINA GOVT BONO VISIT OUR WEBSITE wmtboarsicrams.teen What's In This Statement Financial Summary 3 FINANCIAL TRUST CO MC Your Portfolio Hollings 4 CO JEFFREY EPSTEIN Transaction Detail 7 6100 RED HOOK QUARTER Trades Not Yet Settled 37 STE B3 ST THOMAS VI 00802 -n C in r Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURMES THIS PERIOD 3.052,376 Cash 6 EquWelent $I1122- 2 80: 2 LONG ACCRUED 'MEREST 27.070 Naps NET CREW BALANCE 122.206 Immo NET EQUITY THIS MEMO $3.0$2.376 62.900.671 Oral manor value 63.201.652 fl Litt statement's market value NET EQUITY LAST STATEMENT 3.131.368 CHANGE SINCE LIST STATEMENT 70.283 PZITS£00- 019- ANGS There are no 'Stop Loss' ceders or other pending buy or sell open orders on file for your account. EtEle Sun Seta CMS Oft *MOWN COW MST groom% Wet Tot 11201.31111 RNAROAl. TRUST CO INC STATEMENT PERM Apt 30. 2005 THROUOM Mel 31.2005 ACECULX NUMBER TAXPAYER MAAS On Fie LAST STATELAPM 101 29. 2005 * IQ flit summary is rtraMeui p wpm*,ow a e nn MMESE SS • IMESPOWE lit swabs VOA, Se reamsfor Le., worth Soo mane sidt bI IPtalitt WELLIMISOn 027 OLD/ CS 0901 CO1 WOE EFTA01260429 CLEARED 1, ITS %nay, OVrtar0 SueSCIARY Sat Snsrn Startles cop. On Winn* term Math 11301.]859 FINANCIAL TRUST CO INC 2e L HifiZOO- Vida 0 0 -z 0 z r _ SZIT SEGO IN 9 ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 0" <4.01.4)509 03 0), MVB EFTA01260430 En IS b.) IJ so 00 BEAR STEARNS OFFICE SERVICING YOUR ACCouNT Bear. Stearns 6 Co. Inc. 383 Madison AreflU9 10179 3r)* Cash Flow Analysis rws num Income Summary ONSPER100 WAR TO DAN Opening Be lance Securities Sold Cividonisitnterest 5180.992.40 1,056,491,072.96 1.696.447.33 U.S. Gott. Bond rm. Govt. Agency inc. Corp. Bond It Crete Balance rm. 766.042.23 823071.67 106.943.92 389.51 3.462.043.46 3.397.846.03 595,471.88 3.22171 1.1iscetlaneous 936,131.00 0 Amount Credited 31.059.123.651.29 Rewse Repurchase M Total 88,412.07 $1384459.40 1,082,145.71 58.540.730.79 TZ Semitic, Bourpt -1.056.980.24543 Bond Ptrchase Irt -514.432.42 -4.940,434.41 F I Repurchase Int. Erp. -240.018.09 -882.877.32 Funds Withdrawn -71.505.00 DivslabldSlICOICSI Charged -514,432.42 m r 9ZITS£00- 019- ANGS Macellaneous .1,616,254.91 Portfolio Composition Amount Debited S-1.059.182.437.86 Ceantesh Eqievelent 122,206 Net Cash AttMty -58,786.57 Fixed income 3,052.376 Closin9Balance 3122.205 83 Total 53.174.582 Cash Balance Summary U041.0 Niacin 180,992.40 122,205.83 Net Cash Balance 5160.992.40 5122,205.83 01, 01.1.Na0 netOuram ITS *CtlY OWNED tanISOMY Dm Sam StanaeS Carp - Cony Wan beeterk Ns* at FaiANCiaa. 1RuST CO INC SlatemeNT Mai Apt 30.2035 ThPCLGM May 31, 2005 AOCOula ,ttnalfia nVIPAYE9 MAGER On Fa IAST 'Tamara WI 29.2005 Your Portfolio Allocation Cash a Equiralentl 3% Iced Income 97% wiars en* as Win Orate ew enbila vita. i action Meares• n dela. rod a* Naar nate. ean el ass whet. 0601O5OD03 00i va7a EFTA01260431 rn 8 IJ Co 70 IJ m C in r LZITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madnon Avenue a sssk '0179 4 fl Your Portfolio Holdings CASH & CASH EQUIVALENTS DIESCMIDON CASH 6.41).1.CE 51.1.160..laairr lerrite ESTIMATED Oath` Otiverry FREE VM. ANNUAL NCOWE Wu) Mr 122.201 TOTAL CASH SE CASH EQUIVALENTS $122.104 FIXED INCOME Government & Agency Obligations ACC DCS01,11C11 ErtiraCUCuSir TAN GOvErthmENT NATIONAL MTG ASSN 31337469.15 AMON SEEMS 2054435 CLASS SP DATED DATE 05/21/04 B0311 ENTRY ONLY DUE 12/20/2029 4.110% FACTOR - .91792270 0.4.446.0 THROWN ITS varCtLY VANED Suartirmay Bear. SWIM 940IllieS Cap. Ors Maation Coeur North Saw rot 11201.3ese FINANCIAL TRUST CO INC SWF...a Niece AO 30.2005 Taarrornar May 31.2005 Apr.. air ?awe tanwrIR ritaa3CR On ri0 LAST STAYruirui Jai 29.2005 AC00.40 ISWATE0 CARP, OJA.Pintr PACE MA rt MEC WIRES. QOW1 NOW Eiter 14.948 788 6.4165 959.163 18.772 614.395 64.0540 GOVERNMENT NATIONAL MEG ASSOC SERIES 2004-041 CUSS SE DATED DATE 06/23.04 BOOK ENTRY ONLY OUE 05/20/20 FACTOR - .9330 016410 383740115 WON 14.940.760 7.2878 1.085.671 FEDERAL NATIONAL MTG ASSN SERIES 2003.49 CLASS SW DATED DATE .03 BOOK ENTRY 04 ON f30 LY DUE 011252033 3.910% FACTOR - .52384050 31393C2C6 WON 12.733.059 7.9111 1.007.321 6.298 497.463 49.4245 027 44.01.0501.03 CO1 •1170 EFTA01260432 CLEARED TITROUGH ITS MOLD? Omen SuleaCWIT C)O 1 1 m r 8ZITS£00- 019- ANGS 8 IJ BEAR STEARNS OFFICE SERVICNG YOUR ACCouul Beat. Stearns di Co. Inc. 383 Madison MOM! New Oak. Now York 10179 5 en Your Portfolio Holdings (continued) Government & Agency Obligations (conanuee) 'NCI laNtXD MOWED MAROC DESCR•TO( SwASOLCUSIP rret WUJTI Neu mAtal VALUE TOMO ANNUAL WOW WOO MI FEDERAL RAMONA'. miG ASSN 3136FCBC9 IARGN 1 83.1841 1 SERIES 346 CLASS 1 DATEDOATE 11/01403 BOOK ENTRY ONLY DUE 11101/2033 FACTOR -1.00030030 Total Gcnrernmem& Agency ObligatIcas 13.062,376 127.070 11.112.258 bow. Sum* Servers Coo Ore Ihwato Os MAN ERNAIDA Nat Tat 1/2014616 FINANCIAL TRUST CO INC STATEMENT PERKO NVII 30.2006 IMMO. /My 31.2005 A=020 NuMEN TANANA:II µRat* NAST STATEVENT Apnl 29. 2005 TOTAL FIXEDINCOME 1.05 76 127.070 11.112.253 YOUR PORTFOLIOHOLDINGSACCRUED INTEREST 127070 YOUR PORTFOLIOHOLDINGSESTI MATEO ANNUAL INCOME 51.112,258 YOUR PRICEDPORTFOLIOHOLDINGS $3,174.582 Repurchase and Reverse Repurchase Transactions with Bear,Stearns& Co.inc. outstanding asof date of statement PNRCIAAStr REPURCHASE PRIMO PURCHASE POW ACCRUED REPO GVATTTITY START CATE OWE RATE POWCIAN RIRRES' DACE WOUND OAP DESCRIPTION YOU PROVIDED GOVERNMENT /44110MILL AM ASSOC (MARGIN) 04/25/05 OPEN 0.000 -26.400.030 38374F007 SERFS 2034-5 CLASS P 34600 02/20133 YOU SOLD FANNIEMAE STRIP (REPO) 05111105 06410;05 3.290 -10.851.000 .20.824 -30.001000 3136FAWE6 SERIES 329 CLASS P0 12,01/32 YOU HOLD FANNEMAE STEW (REPO) MVOS 06116106 3.290 -11.334.000 -16472 -30,959.779 3136FAWE6 MC 329 CUSS PO 1210162 027 OVOIRMOTOS 001 MOO EFTA01260433 m cim H r 6ZUSEOCIND- ANGS I8 LJ so DO IJ IJ BBR STMRNS OFFICE SERVICING Yam ACCOUNT Bear, Stearns 8. Co. Inc. 383 Madison Avenue New York, New Y54 10179 CERMET 21.0123R rrs lAnCtre OWNED SuBSDARY Bar Sterns swarm c Da 1.44.0e0 Owe Nag 8223.03 We Tort 11201.3859 FINANCIAL TRUST CO INC Repurchase and Reverse Repurchase Transactions (continued) with Bear, Stearns& Co.Inc.outstanding as of date of statement (continued) YoU SOLO (REPO) PERCHASE/ ROVIOOSE START WE DATE PINCIWG RUE PURCHASE WEI ACCRUED REPO ouvonv PROC1214 MEREST PACE WONT Oar 05/1605 06/18106 3280 .14.434.400 swore., PEREO Apnl 30.2006 WRONG.. May 31,2005 AccotAR ..j, TµPAYfil µa18M1 on Fie STCEVENT Mel 29.2005 DESCRIPTOR FANNE ME STRIPS -21.105 .23.000.000 3136FCKC9 SERIES 352 CLASS PO 07/0104 YOU SOLD (REPO) 05/18105 06/16/05 3.290 4.844.000 FANNIE VAC STRP -5.620 -20.000.000 3136FaD6 SERIES 353 CLASS 10 5.0000 07/01134 You SOLD (REPO) 05/17/06 06/1006 3.290 -1.008.000 FEDERAL NATIONAL WC ASSOC -1.381 .25.000,000 313930538 SERIES 200342 CLASS 4.0100 07/25117 YOU Nab (REPO) 0511705 08/10/05 3480 4.340.003 GOVERNMENT NATIONAL IATC ASSOC .1,936 .27,112.874 38374F6I6 SERIES 2004.30 CLASS 4,1100 02/20/32 YOu sous (REPO) 05/20105 060005 3.290 -996.000 FEDERAL NATIONAL MTG ASSCC -1.092 -25.000,030 313921310 SERIES 2003.13 CLASS 4.9100 03/25/33 YOU SOLD (REPO) 05/2505 06/10/05 3.290 4,800.000 FANNIEMAE STRP -2.430 -10.000000 3136FCBC9 SERIES 346 CUSS PO 11/01/33 YOU SOLD (REPO) 0925/05 060005 FEDERAL HOME LOAN STRP 3.2110 4.960:00 4.527 -20.000400 3128211446 SERFS 227 CLASS 10 5.0000 12101/34 You SOLD (REPO) 05/2005 06/10105 3.290 .3400.000 FRECOELMC STRP -1,919 -20.000,000 31282YDP1 SERIES 228 CLASS 0 6.0000 0210105 YOU SOLD (REPO) 050505 OPEN 0,010 4 FEDERAL HOME LOAN ETC CORP 4.724.539 313953210 SERIES 2886 CLASS SC 4.2100 070509 YOU SOLD (REPO) 0926/05 06/1006 YOU PRO41010 (MARGIN) 05/2605 OPEN FEDERAL 11.013NAL MO ASSOC 3.300 425.080 -288 -12.500.000 31391082 SERIES 2003.13 CUSS 4.9100 03/2933 FEDERAL NATIONAL MTG ASSOC 0,000 42,500.000 313921002 SERIES 200343 CLASS 44100 0305/33 0841/05:0003 001 EFTA01260434 CASARIO TROLOCm ITS WHOLLY OANCO SUMMARY rn 8 IJ so DO IJ IJ IJ 0 1 1 m z r OETTS£00-019-ANGS BEAR STEARNS OFFICE SECNICANG YOUR ACCOUNT Bear. Steams & Co. Int. 383 Madison Avenue 1V.79 7 et )4 Repurchase and Reverse Repurchase Transactions (continued) with Bear, Steams& Co. inc.outstanding as of date of statement (continued) POW= SISLACHISI PROW PUOLTIATI ARCO AMMO ADO COMM SIM On OAR Mn PRTSCOIL POIRLSO NCI AWOL CUSP ECTORTITO tow. Runts Subs Ca Cris lAsseistA Cosa LSO Ender. Par Vas 11201.3539 FINANCIAL TRUST CO INC STATOJENT IRMO Apil 30.2005 TWROUON Ian 31.2005 ACCOUNT POSER Tatty waft OII rie LAST STATEMOR APE 29.2005 YOU SOW USIA 41250 05/15/15 (REPO) 05/27/05 OPEN 2.640 48095.000 -14.984 -38.000.000 9128280V9 YOU 904.10NT uSIR (REVERSE) 05/31/05 OPEN 2.830 54.000.000 4.245 54.000.000 912828DW7 TOTAL REVERSE REPURCHASE TRANSACTIONS TOTAL REPURCHASE TRANSACTIONS • Miteron dol* 151.000.000 54.245 36000 06/31/07 5.03.175.001 140./1 Transaction Detail INVESTMENT ACTIVITY TATREMENT MOT CAR DATE RARTACTION 05102/05 04/27/05 B003HT DESCRITSON GOVEROADIL NATCNAL LOG ASSOC SERIES 2C04-041 CLASS SE DUE 05/2012030 0987049814332 REF S 200504275716=00 BS unnto MIES TREASURY NOTE 912828056 40=0.000 100.05469 50.027.343 .75 DUE 0400/2007 03.625% AO 30 9.850.54 6192019 YELD 3.596% TO MATURITY OVER REF 0 01181006 Al SAW/CUSP SAMMY ICE OUT MOOR 38374GY55 15.073.792 7.15625 107%718.27 ACCR. INT. 21.153.5$ ORM AMMAR 090205 0424105 SOLD 05105/05 PRINCIPM. EEtt HOME LOIN MTG CORP•510110 31282Y0P1 -236.730 SERIES 228 CLASS 0 6.030 DUE 0201/35 PRINCIPAL REDUCIN 064506 027 09010.0.03 001 TOTS EFTA01260435 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns & Co. Inc. 383 Madison Avenue New York. New Yak 10179 S r 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SATIDADrt TRADE owl DATE TWISACTION 06409105 05/0605 SOLD C)O 05/09/05 05.06/05 EICUGI4T -n 06/11/05 05/06.05 BOUGHT C rn z 05/12105 03/31/05 BOUGHT r 05/12.05 05/12/05 041205 0407/05 BOUGHT CANCEL SELL TEITSEOCIN9- ANGS I8 b.) IJ so 00 IJ OESOIWTION UNITED STATES TREASURY NOTE DUE 02/152015 04000% FA 15 SPECIAL INSTRULMONS YELD 4,262 % TO MOWRY GVER REF • 61267694 A3 WKS UNITED STATES TREASURY NOTE CUE 0400/2007 02625% AD 30 0988016192099 YIELD 3,716 % TO MATURITY GVER etc • 41261032 Al GOvERMAEIrt NAnCwAL WIG ASSN SEWS 2004-035 CLASS SP CUE 12/20/2029 04.210% 0987000510332 REF • 20150506577200:0 85 AS OF 05/06/05 THIN-3C0YRTFNMAIGTO SETT.05/04 DUE 05/0112034 05.000% 0987135514132 REF S 2005033157140000 85 Fa30YR010, 03010 SETT.051.14 DUE 05/01/2034 05.000% 0987016110332 REF • 2005011257300000 85 EMAT.-30YRIFIAMIGTD SETT.05/05 DUE 0561/2035 05.000% 0987021011332 REF 0 200504075722C000 CS AS CC 04/07/05 TO 03. PREVIOUS SELL atoto Thaw>. ifs 'Mar °YAW SAAIMPARy 103, warn Soatuts er0. Cr* Lleurnien ewes Malt 11201-3853 FINANCIAL TRUST CO INC STATI3.0941 IMOD Awil 30.2005 11.00LCut May 31.2035 Sisecucts• clown MCC ALCOt.tiT NVIMER TAseAVER oitmeER usT wernert Con MiCvla Apl 29, 2005 CUM mem 9126280M9 -20.000.000 97.92188 19.584.375.03 ACC/. TNT. 182425.41 912826056 30.000000 99.92813 29.948.437.50 IIXR. INT. 26.596.47 38374GPJ5 15.096208 660625 1.042.581.89 Ma M. 37.073,77 5470993 20.000.000 97.49219 19.498.437.50 5679993 20.80:1000 98.13261 m628562.50 5379993 40.000.800 97.92181 39.168.750.00 Oa? 01811058001 001 NMI EFTA01260436 BEAR STEARNS CFFICE SERWCING YOUR ACCOUNT 3e&. Steams & Co. Inc. 383 Madson Avenue Now York. New York 10179 9 nr /e Transaction Detail (continued) INVESTMENT ACTIVITY (conerwed) WITLEVENT lief 0,11E OAT 01M680:108 05/12/05 03/31105 CANCEL BUY O -n 05/12/05 04/12/06 CANCEL BUY C rn 0572/05 04/07/05 SOLD 06/12/05 03/31/05 BOUGHT r 05/12105 04/12/05 BOUGHT 0912/05 04107/05 CANCEL SOS ZEITS£00- 019- ANGS 30YR07846011) FCENSC9911:91 x4A. SETT.05/05 DUE 05101/2035 05.000% O967135514332 REF S 2005033157140000 AS OF 03/31,06 TO CXL PREVIEWS OUT ITOM40YRITNIMIGID SETT.05C6 DUE 05/01/2035 05.000% 0967016110332 REF • 2005041257300000 AS OF 04412/05 TO CA PREVIOUS BUY Nam.30/167,8%)610 5277.05104 DUE 05/01/2034 06.000% 0987021011332 REF • 2005040757220000 FNUA-30YRIFI64/8GID SETT.05/05 DUE 05/01/2035 05.500% 0987021011332 REF * 2005033157150000 F74/14.30TRUNMAIGTD SETT.05/C/5 DUE 05/01/2035 06.500% C467280211332 REF w 2035041257400000 F11144-30YRHNIANGID S577.05105 DUE 05101/2035 06.500% 0987021011332 REF • 2005040757210000 85 AS CC 5 TO CM PREVIOUS SELL [LW= TN:GOGH ITS W90.41. OAK° 19.94101892 Elar.1.68ornt Snits CO Cm Menet en Nati nflyri. RI. Yon 112014869 FINANCIAL TRUST CO INC synnaewv PCFaCO Apdl 30.2005 Twouom May 31.2005 ACCOUNT nestle Inn teJUIP On FM LAST trAnnawir rell 29. 2005 S5r79093 PRIX 0(12128/010 CREDIT AVOW -204900 °UmniT .000 97.49219 19,498.437 .50 BS 5A79993 -20.000.000 98.13281 19.826.562.50 BS SA79993 -40.000,000 97.92189 39.168.750.00 85 MUMS 20000.0:0 99.89063 19.978.125.00 85 MUM 20.000.000 100.37500 20.075.000.00 BS MB2389 40.000.000 100.25781 40.103.125.00 on aseteeseicti 001 rift EFTA01260437 0 1 1 C m z r EEITS£00- 019- ANGS I8 IJ 0.2 00 0.2 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New York. New York 10179 10 en Transaction Detail (continued) STAntec aFROCI n•aalGri *pi 10.2005 May 31.7005 RPC0wirl MANOR TAirarerFA HAW On Fla INVESTMENT ACTIVITY (centrus6) tar STATO/Erar April 29.2005 MAIX WE OAR ritANSieltd 013CRPTION SWIIOUCUPP 00Marla Fraera Ott AMMO 010:41 AVOW 05712/05 03/31/06 CANCEL BUY FmAA-3CARIFNMA)GTI) 57.82189 -20.000.080 99.89063 19.978.125 SE11.05/05 .00 DUE8702101 05/01/2035332 05.500% 09 1 REF • 2005033157150000 BS AS OF 1/05 03/3 TO OIL PREVIOUS BUY 05,12.05 04/12/05 GAVEL BUY FRIM•30YRIRRRAKTD SA82389 .20.000,C00 100.37500 20.075,000.C° SETT/3,6/0S DUE 0280211332 5.01/2015 05.600% 0987 REF • 2005041257400100 85 AS OF 04712/05 TO 01. PREVIOUS BUY 05112/06 04)07)05 SOLD FNIM-30YRERIMOGTO SETT. 5A823$9 -40.000.000 100.25781 40.103.125.00 DUE 0543 05/05 1/2015 05.500% 0987021011332 REF 0 2005040757210003 BS 05/12/05 05.0605 SOlD FEU. HOME LOAN MTG CCIP•S10110 312821(.1 -18.315.152 20.43750 3.753.500.73 SERIES 228 CLASS 11 DUE 02/01/2035 06.000% ACCR. M. 33.670.55 0987027414332 REF • 2006050657430000 BS ACCRUES ON 1ST. PAYS ON 25TH MOM 05112/05 SOLD UNITED STATES 1REASUFtY NOTE 912128058 -10.000= 99.96313 9.995.312.50 DUE 043012007 03.625% AO 30 0988016192099 ACCR. MT. 12.805.71 YELD 3.049 % TO MATURITY OVER REF • 01325905 Al 05/13436 0912M SOLD UNI1ED STATES TREASURY NOTE 912828056 -15000.000 99.95313 14.992.968.75 DUE 04/3012007 03,62S% AO 30 0988000592099 ACCR. M. 19.208.58 0.EARED liflarear IS wirOUX OARED SAISHWAY Buy Ruins SAWA*. Ct. ow meeitor Pet> Waal &t ,t rtre Vol 11201.3851 FINANCIAL TRUST CO INC YIELD 3.649% TO MATURITY OVER REF # G1325601 Al 027 01001/0600103 001 me EFTA01260438 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Best. Steams & Co. Inc. 383 Marasco Any 10179 11 co at CLEARED THROE*. R9 PAOLO' OWED SUSSOMaY Se r. Stan S.— Oxp. Ory 1/elete2. Crew Nem *eddy% My 23It 11201.3939 FINANCIAL TRUST CO INC STAT23,O.1 PT.1)00 Apt 30 2005 Transaction Detail (continued) INVESTMENT ACTIVITY (ccaUnueti) WITOADIT mai ant DATE TRAJCSACOON OLSCRPTION SYLISOLCUSP OUANIITY POLE THROUGH Mry 31.2005 ACCPX141 SWINK IL= TAXPAYER ROMER LAST stArrucser ANII 29.2095 COVIMIC4011 OM MOW 05/13/05 05/12/05 SOLD UNTIED STATES TREASURY MOTE 912828056 .20.000.000 99.94531 19.989.062.50 DUE 04/30/2007 03.625% AO 30 0988200293099 ACCR. INT. 25.611.41 YEW 3.654% TO MATURITY 0 05/13/06 JOURNM. GVER REF 101325547 Al FEDI. HOME LOAN MTG CORP•S10110 3128211:411 .2 SERBS 228 13ASS 10 6.000 DUE 02/01/35 -n 05,16/06 0:413105 SOLD AD/ P05 UNITED STATES TREASURY NOTE 9128210M9 .40.000.000 98.57031 3%428.125.00 DUE 02/15/2015 04000% FA 15 A . M. 397.79006 C in OWINGS OW 3/05 SOUGHT 0988280293099 YIELD 4.179 % TO IMTURITY OVER REF *G1333411 Al UNITED STATES TREASURY NOTE 912629099 40.000.000 99.73047 39.892.187.50 DUEOS/15/201S 04.125% LIN TS 0988280293099 AMR. M. 4.483.70 YIELD 4,158 %TO WN MR REF 0 01333415 AT 05/1695 JOURNAL KIX HOME LOAN MTG COW/510110 31282301M -1 SERIES 228 CLASS Co DUE 02A31/15 A 6.000 DJ POSITION r 0511710$ 05/12/05 BOUGH FANNIE MAE CMO/SER1ES 203342 313930538 17.728.728 8.03125 1,423,838.51 KS-10 FUR ACCR. MT. 44.203.63 DUE 07/25/2017 04.C431" 0987022118332 REF 0 2005051257280000 BS 0517406 osn MS BOUGHT COREMAIEM NATIONAL MYR ASSN 3837416T6 24.954.730 7.28125 1,817,016.29 SUMS 2004.30 CLASS SU DUE 02/202032 04010% 78.794.56 PEITS£00- 019- ANGS I8 IJ P.) 00 00 P.) 0987372711132 REF 12005051257300300 BS AS OF 05/12/05 031 C40u0SAR03 001 van EFTA01260439 rrl 8 IJ IJ 00 IJ 00 --J O m cim H r SETTS£00- 019- ANGS B&\R STUURNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 MackSon Avenue New York. New York 10179 12 Transaction Detail (continued) INVESTMENT ACTIVITY (cOrninuec) SETIVOIT LODE OAR OAR TPAYSICTEN ccscsarrtcw OSP 8/05 05/13105 BOUGHT STOSCUCUS. O.LAALO TrOC/Xam varOu? OntO) SueSOAPY Lam. Son Starter Co Om /ammo Carter OM &collo New ton 11/014859 FINANCIAL TRUST CO INC STATELIOrt POMO AMI 30.2005 offiCoOt May 31.2005 ALCOA? mat" '.WAVER MAMA On FIB LAP STATEmtr? Apl 29.2005 Ouuirtne ewCL Men W0U10 CREW Want FRECOIE ANC 0.10/SERES 2886 31394,288 6.743.867 8.50000 743228.73 SC-10 FLTR 3.06744 DUE 07/15/2019 04.346% 0987018017332 REF • 2005051357130000 6$ 05/18605 JOURNAL Mt NOME LOAN MEG CCEP.S10110 31282YDP1 1 SERIES 228 CLASS CI 6.000 ClIE 02/01/35 05/20105 05/19/05 SOW UNITED STATES TRW:a IRY NOTE 912826056 -13.000.000 100.05469 13.007.10941 CUE 04/30/200703.625% AO 30 ACM INT, 26,611,41 0988016192099 YEW 3595 %TO MATURRY GVER REF • 61393740 Al 052005 05/19/05 SOLD UNITED STATES TREASURY NOTE 912828099 .10.000.000 100.29688 10.029.68740 DUE 05/1542015 04.125% MA 15 ACCR. INT. 5.60442 0988280293099 YIELD 4088 %TO MATURITY GM REF • G1393587 Al 062006 PRINCIPAL CAVEMEN! NATIC•44L MTG ASSN 38374GP15 -147.420 SE RES 2C04-035 CLASS SP 4 10 DUE 12/20/29 PRINCIPAL REDUCER 05-20.05 06/20105 PRINCIPAL GOvERNmENt MAIM% WIG ASSOC 383746Y55 .133.032 SERIES 2004.041 CLASS SE DUE 05/2000 PRNCPAL REGRET/1 05-2005 05/23/05 092006 BOUGHT URGED STATES TREASURY NOTE 912821056 50.000.000 89.97656 49.098281.25 CUE 04/30/2007 03625% AO 30 ACCR. M. 113.281.25 0988778197972 YIELD 3.637 % TO MATURITY GVER REF a 61404847 AS AS OF 05/2005 05/23/05 05/20/05 SOLD UNITED STATES TREASURY NOTE DUE 04/30/2007 03.625% AO 30 0988027496099 YIELD 3.645 % TO MARIRITY GM REF • G1403009 Al 912828068 99.96094 ACCR. M. 19.992.187 .50 45.312.50 OY? COOTAMLO):03 ml VIM EFTA01260440 CLIARED TIMOUCIal ITS %SICILY OiNILD SIJSSCr•Jr• -n C in r 9EITS£00- 019- ANGS IS OD DO IJ BEAR STERNS ONCE SERVICNG YOUR ACCOUNT Bear. Steams a Co. Inc. 383 Madison Avenue New York Nev York 10179 13 ex Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Bac &an Slane) COM 91 MOVIIICh On Ray, Seder Net Tot 112014S0 FINANCIAL TRUST CO INC STATEvert PERICO Aptil 30. 2006 nfe0/31.1 May 31. 2005 ACCouo maw, Mann.% nuweER On Etc LAST niticEvT Apl 29.2005 Minna( Mee Dirt DATE IMUISAC11011 otscepror SYPSOLCUS• DUAIDITE ',WE DEW NAOMI CMDIE MOW 0520.05 05123105 SOLD UNITED STATES TREASURY NOTE 912828055 43.003.000 100.03125 13034.062 .50 DUE 04/30/2007 03.625% AO 30 ACC*. INT. 30.733.70 0988016192099 TEED 3.607 %TO MATURITY OVER REF 0 G1434596 Al 05/2406 06/23.05 SOLD UNITED STATES TREASURE NOTE 912828099 .10.0000M 100.58203 10.058.203.13 DUE 05/152015 04.125% MN 15 ACCR. NT. 10.088.31 0988035598099 YIELD 4.053 %TO MATURITY OVER REF • G1434406 Al 05/2305 05/24105 BOUGHT UNITED STATES TREASURY NOTE DUE 05/15/2016 04.125% TAN 15 0988016192099 YIELD 4.016 %10 MATURITY GVER REF•• G1443571 Al 912828EN9 3.000.000 100.89063 3.026.718.75 ACCR. NT. 3.362.77 0912505 PRINCIPAL FEDERAL NATEcul MTG ASSN 3136FAWES 296.514.03 SERIFS 329 PASS PO DUE 0161,31 STRP PRIN WO 04-06 DO 05.21.05 REPO P 6 I 0.0000 052505 PRRICIPAL FEDERAL NA110/69. MEG ASSN 3136FAWBS 306.030.26 SERIES 329 CLASS PO DUE 01/01/33 SIPS PRIN RA) 0445 P/005-25-05 REPO P a I 0.0000 05025/06 PARICIPAL FEDERAL NATIONAL LUG ASSN 313930206 -250.651 SERES 2003-49 CLASS SW 3.980 DUE 01/25733 PRINCIPAL REDUCT74 054505 05/25.05 PRIBCPM. FEDERAL NATIONAL MTG ASSN 313440803 13.797.64 SERIES 346 CLASS 1 WE 11/01133 PRN WO 04.05 P005.2505 REPO P BI 00000 Ott 06101X601,03 401 '919 EFTA01260441 0 -n rn r LEITS£00- 019- ANGS I8 IJ V.) Do Oo V.) BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Steams & Co. Inc. 193 Ma&An Avenue New York. New Yak 10179 14 el >I Transaction Detail (CODAITU94) INVESTMENT ACTIVITY (centivalc0 O-w40 TAIRCV0M rte ArACAW OATCO SURSOWRY Sea. Stews StanTet Ow %WAWA Cern Nenh EV:AOTA Yteg 11201-33Sn FINANCIAL TRUST CO INC STATEPANT PERIOD April 30.2005 THROVON Amy 31. 2005 ACCOUTT %W0W TA-WAVER WARDER LAST STATENEW O He API 29.2005 REERDAPIT IRACE OAR OAR OWIRACTOM of SvINCULeat aummtv PRICE Cal AMOUR/ on MOM 05125/05 PRINCIPAL FEDERAL NATIONµ MTG ASSN 31300109 137,824.76 SUES 346 CLASS 1 DUE 11/01/33 PRIV R/004-05 PM 0645.06 REPO P 6I 0.0000 05/25/05 PRAWN. MURAL NATIONAL MTG ASSN 3136FIRC9 34%726.81 352 SERIES CLASS 1 0.001 DUE 07/01/34 PRIN R/D 04-05 RD 0545-05 REPO It 4 I 0.0000 06/27/06 0516105 BOUGHT mu, STATES TREASURY NOTE DUE 04/3012007 03.625% AO 30 0988018192099 TAD 3.626 % TO MIURA( GVER REF 101464298 81 05/27/05 05/26/05 BOUGHT uNITED STATES TREASURY NOTE DUE 04/326007 03.625% AD 30 0988016192099 NEED 3,626 %TO MATURITY GVER REF /61484298 Al 05/2705 05/2605 BOUGHT UNITED STATES TREASURY NOTE DUE 05/15/2015 04.125% MN 15 0988018192099 11ELD 4,079 %TO MATURITY GVER REF .1 G1484843 Al 912829056 11,003.000 99.99609 10.999.570.31 ACM M. 29,256.12 912828066 50.000.000 99.99609 49,998,046.88 ACCR, M. 132,982.33 912828099 15.000000 100.37100 15.055664.08 AMR. M. 20.178.63 05/2705 fICERAL NATIONAL /MG ASSN 3138FCBC9 SERIES 346 CUSS DUE 11/01/33 1 ADJUST POSITION 1 05/2705 JOURNAL FEDERAL NATIONAL WO ASSN SERIES 348 CLASS 1 DUE 11.01/33 3136FC9C9 06/27/05 JOURNAL Mx NOME LOAN FAG CORFw510109 SIRES 227 CUSS ID 5.000 01.E 12/01/34 ADJUST POSITION 3128210N6 027 0•011041101 COI VIM EFTA01260442 En I8 IJ INJ 00 4.4 O -n C rn r SEITS£00-019-ANGS BEAR STEARNS OrriCE SERVICING YOUR ACCOUNT Bear. Steams 8, Co. Inc. 383 Madison Avenue k 10179 15 a6/ Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETIUMMT MOE DATE 0812 TWIS4C000 OESCRITOM 05127/05 JOURNAL FEU 11011E LOAN NIG MR9,510110 3128210P1 1 SERIES 228 CLASS ID 6,000 DUE 02/131/35 ADJUST POSEION 06/31/06 05/25.105 BOUGHT UNITED STATES TREASURY NOTE 9129280W7 36.000.030 99.74219 35.907.187.50 DUE 05/31/2007 03.500% MN 31 0988726998099 VIEW _s 3 615 % TO immenY OVER REF 0 61484831 Al 0931/05 05/26/05 SOW MIRED STATES TREASURY NOTE 9128280w7 .15.000.000 99.74219 DUE 05131/2007 03.500% AN 31 0985015192009 YIELD 3, 5 % TO GVER REF 6•3 41464297 811m 05/31/05 05/27/05 SOW UNTIED STATES 1REASURY NOTE 912$280W7 .25.000.000 99.71076 CUE SPECIAL N 05/31M00UCT7 03ION .500% S MN 31 STR HELD 3,/27/05 647 II TO MATUF3TY OVER FLU 0 G1472531 A3 T/PREE1 AS OF 05 511480U0151P CLUMP TaltOuCal ITS 9040LLY O* ED DJSSCoar Ott Stern Searles Cap. One Menace. Cols Math Wee Yon 11201,3859 FINANCIAL TRUST CO INC Stit00 AO 30.2005 THROVOm May 31. 2005 ACCOLan mumitt Taximns Want On le LAST STAMMXT AO 29. 2005 OLIAMilY PrdCt DfBO MIOUM1 MR mon 14.951.325.13 OSMIA:15 05/76505 SOLD TOTAL 24.929.687 .50 UNITED STATES TREASURY NOTE 9128280W? -50.030.000 99.74219 49%71.093.75 DUE 05/31/2007 03.500% MN 31 0988016192099 YEW 3.633 % TO MATURRY GVER REF a G1464297 Al B 199.06.1266? Unimena 02T 08101.15,3003 001 EFTA01260443 I iiliZOO-V.LAH 0 m cim H r 6£TTS£00 IND ANDS BEAR STERNS OFFICE SERVICING YOUR ACCOUNT Bear. &earns & CO. Ina. 383 Madison Avenue New Yak. New Y04 10179 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS Dan ritinamnar mane 05/2905 ENO MOM LOA/ GVI88194 RIDS WIRED TO FLEET NATEMIAL BMX ACS421211544 C#264533 earn AMOUVT P. 505.0D CRUM AvOLNI TOTAL 0 INTEREST CLUJ= TurtOven ITS voiCare Overte. SassOKAY MN. Sown Snags Ca? Dw Patentem Gent KWh 099:99 Ike on 20 3 59 FINANCIAL TRUST CO INC STATIWhI PERKO NA 30. 2COS THROWN May 31. 2005 Tonne"' POWER 4Sr STATINenn Apnl 29. 2005 OAR 01301PTEAt 311490112192 WAMTITY MR nu 3121T me0-tvt CRUM .A.3097 05102105 AVG BAL 244.990 RT 1.906 021 0010E MEREST 0405 389.51 0916/05 FEDL NOME LOAN MTG CORP/510109 SERIES 227 CLASS 03 31262'046 5.0000 6.066.95 CUE 12A)1/2034 5.000 RN R/D 04-05 P/D 05-1545 REPO P & I 5.0000 05/16/05 FELL /CUE LOAN PEG CORPRS10100 SERFS 227 CLASS 312$2Y0116 5.0000 10,111.56 WE 12/01/2034 5. UT RID 04-05 R/D05.15- 00005 REPO P 6I 5.0000 0511605 FEU HOME LONI WS 02*P•S10109 SERIES 227 CLASS D 31252YON6 50000 10.111.59 DUE 12401/2014 5.00D INT R/0 04-05 PE. 05-15-05 REPO P 6I 5.0000 05/15105 FEDI. MORE LEAN ISM CORP/S10109 SERIES 227 CLASS 51282W146 5,0000 20223.15 DUE 12411/2034 5.000 RR WO 04-05 IND 05-15-05 REPO P I 5,0000 027 osincetate 001 1446 EFTA01260444 =ARID natOuGH rra "MOLLY &4WD SuBSOW11 rn 4 8 IJ IJ so 00 7.7 C) 0 -n C rn r OPITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison kivnue Neite n t i litrk 10179 Transaction Detail (continued) INTEREST (cortInu/ND smarm SYM30/CUSS, 3126211E/6 Bev San Soculta Cap. One *gown War North looaktp. Now Y.. 11201.34.10 FINANCIAL TRUST CO INC Surest.. fiero03 April 30.2005 n/Novai. May 31.2005 ACCOuNT WINER 11.101AYER WINO LAST STATVADIT AO 29.2005 01.19001TY RAT1 00 00111MIC4,0 CREDO ACM 0511635 FIR HOME LOAN LOG COPPAS10109 SERIES 227 CLASS ID DUE 12/01/2034 LOCO INT R/D 04-05 AO 0545-05 REPO P I 5.0000 5.0000 34.379.36 05/16/05 FEDL HOAE LOIN ISM CORPAS10110 SUES 228 CUSS DUE 020112035 6.000 INT R004-05 P/D 05-15-05 REPO P 6I 6.0000 05/16105 RDA HOME LOAN WIG CORPOS10110 3128270.1 6.0000 32.968.62 SERES 226 CLASS 0 CUE 02/01/2035 6.000 INT ED 04-05 ND 05-1005 REPO P & I SACCO 31282YDP1 60030 14,129.41 05/1605 FEU 106E LOW IATGO3RPOS10110 SUES 228 CUSS ICI DUE 02/01/2035 6.000 INTEREST PAYMENT 0545.05 31292YDP1 6.0000 41.098.03 05/16A)5 FID1 NOME LOAN MI6 CORP•S10110 SERIES 228 CUSS 10 DUE 02/01 /2015 6.000 INT R004-05 PM OSA 5.06 REPO P 6I 6.0000 31282TDP1 6.00:0 94.196.06 05/20)05 GOVERNMENT RADON& NIG ASSN SERIES 2004-S CLASS PS DUE 02/20/2033 3.960 PIT WD 04-05 PA) 05-20-05 REPO P 6I 3.9600 38374/6417 3.12603 56.060.00 092005 GOVERNMENT NATIONAL 116 ASSN SERES 2004-5 CLASS PS DUE 02/202033 3.960 INT R004-05 P/D 05-20-0S REPO Pt 1 3.9600 383741067 1.9600 87.120.00 027 0401/15:0403 AM EFTA01260445 rn I8 IJ IEJ 70 0 1 1 r IPITS£00- IA19- ANGS BEAR STEARNS OFFICE SERVICMG YOUR ACCCUNT Beat, Steams & Co. Inc. 383 Maclison Avenue New York. Now York 10179 18 mus leill[UST CO INC CUMED THNOm. ~Ru Onme0 sUNRCEARE B« RU« SeRrots Ø. Cne MeuebicE Germ Nørt" 11101.3350 Transaction Detail (continued) STAMMET ;MOR Twiox.el •CCOLert ~RER TERMS NEMMA Apl 30.2005 Mak 31.2005 INTEREST (contInued) urt ruten Arkl 29.2005 Urt CCsoarnov SYMOCUSIN aure Mit CR) OCM EMMI CMOR now 05/2005 GOVERNMENT NATIONM. MIG ASSN SERIES 200410 CLASS SU 383741818 4.2100 87.549.51 ME 02120/2032 4.210 INT WO 04-05 P/D 05-20436 REPO P & I 4.2100 05/2C:05 GOVERNMENT ~NN. MIG AS5/4 SERIES 2004-035 CLASS SP 38374GP15 4.2100 52.962.53 DUE 12/2 (82 029 4.210 INTEREST PAYMENT 05-2605 05420/05 GOVERNMENT NATIONAL MIG ASSOC «ES 2004.041 PISS SE 363746855 52,883.89 ODE 05420/2030 0.000 INTEREST PAYMENT 05-20435 05/25/05 FANNIE LUE (5.10/SERIES 2CO3-13 5 RCEVO FUR 313921018 49870 53,471.96 OVE 03/292013 4.980 INT RIT) 04-05 Vm 05-254)5 REPO P 6I 4.9800 05425106 FAMIE MAE MYSE/te 2003-13 5 «40 Mfl 313921DE2 4.9800 53.471.95 DUE 03/25/2033 4.980 INT WD 04-05 PR) 05-25-05 REPO P& I 4,9900 05/25/05 FEDERAL NATIONAL MIG ASS/4 SERIES 200349 CLASS SW 313930208 3.9600 43.052.64 DUE 01(25/2033 3.980 NTEREST PAYMEN1 05-25-05 05/25439 FANWE Mk( CMYSERIES 200342 ICS410 FUR 313930538 4.0« 60.277.88 DUE 07/252017 4.000 INT Ibl) 04-05 P/D 05-25-05 REPO P& I 4.0800 0101.9mW03 CO1 vin EFTA01260446 CLEARED YRROUG. ITS %seSay Owlet SURSCalre O -n C rn r ZPITS£00- 019- ANGS 4 8 IJ IJ DO .9- BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Steams & Co. Mc. 383 Madison AVeRlUe ?km York, New Yolk 10179 19 3! Transaction Detail (continued) INTEREST (confirmed) Sas Simms Swan Con Ons Viamich Cala Man ETTOTT. Nal OS 20 AM FINANCIAL TRUST CO INC STARNES,' RE*100 101 30. 2005 THROUGH Wry 31. 2005 AOSOURT PAMIR rawAYCR MAC On Fl. LAST STATISMia Api 29.2005 GEE orsemmtal swim/muse slummy MR em Dom moum CUN mope 05/2905 FEDERAL NATO'S./ NIG ASSN 3136FCLD6 5.0000 78,180.13 SERIES 353 CLASS 2 CUE 07/01/2034 5.000 INT T413 04-05 ND 05.25.05 RBs0 P a I 5.0000 TOTAL 11196.734.55 REPURCHASE AND REVERSE REPURCHASETRANSACT1ONS with Bear, Steams& Co.inc. SETROADO TRAM 0All RTE ITINSSCISSI OCICRIPTON SemiOu0.9. mom. our AVCIAT CREW MOM MOMS RECEIVED WITCO STATES TREASURY NOTE in MODES 50.000.000 50.125.000.00 DUE 04/30/2007 3.625 3.625 DUE 0413007 RIM F1220622 Al RESALE AGREEMENT 05103/05 EURNAL FEDL HOME LOAN LOG CORPO10109 31282YDNEI 1.456.066 SERIES 227 CLASS 01 5.000 CUE 12/01/3A FMA F1153282 A2 TERM REPO AGREEMENT 05/03.05 JOURNAL FEM. HOME Lao PEG CCROS10109 31282YDN6 4458.086 312,000.03 SOLES 227 CLASS q 5.000 DUE 12)01134 MA F1233167 Al REPO AGREEMENT JOURNµ FEM. HOME LOAM LITG CORP4S10110 3128219P1 6.593.724 SERIES 228 CLASS TO 6.000 CUE 02/01/35 MA F1123245 A2 TERM REPO AGREEMENT 05101/05 06/03/06 JOURNAL FEDI. HOME LOAN mTG ECRP4S10110 312132YETP1 -2.354.901 SERIES 228 CUSS ID 6000 DUE 02/01/35 FTTM F1233173 Al REPO AGREEMENT an ownicesne col nIl EFTA01260447 0 TZ L I m r EPITS£00-019-ANGS BUIR STUkRNS INTICE %AVRING YOUR ACCOUNI War, Stearin 8 CO. Inc. 383 Magson Ment A 10179 20 as Transaction Detail (CoriElnued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (ccotinuod) 0.LAReb THROuOm n 0.43-4Y ØD SuDSOMY B/ar. Surs Senna CaD. ore Voseeich fait. ?dann Bod0r. lång ven 11201.3149 FINANCIAL TRUST CO INC EITAIlsta PERM Arefi 30.2035 rsitoucar mrs 31. 2005 PCCOUNT nute~ TOYAvel. Huu«. On Ek sTATEirtuT Apl 29.2005 SEITIllea TRADE DATE DATE DWISACE01 DESCRIPIICM SYSSCUCUSP Cupen DOW ~SR ER« H.1000 05/03/05 JOLIRNAL FIDL HOME LOAS MTG CORPAS10110 31282YDP1 .4.239.822 747.000.00 SERIES 228 CLASS PO 8.000 DUE 010165 nrm E1233169 Al REDO AGREEMENT 05/04405 JOURNAL FEDERAL NATO«. MTG ASSN 3138FCEIC9 860.862 473.000.00 SERIES 346 CLASS I OLA: 11/01,33 FRIA F0943341 AZ TERM REDO AGREEMENT 0904/06 JOURNAL FEDERAL NANO« MIG ASSN 31388209 480462 479.000.00 SERIES 346 GLASS 1 WE 11/01/33 MIM F1243221 Al REDO AGREEMENT 05/04/05 INTERF-51 MURAL UTMAL MTG AM 3133FC9C9 1.214.03 MILES 346 CLASS 1 WE 11/01/2033 0.000 FITTA F0943341 A2 REPO INTEREST 05/0805 »ANAL FEM HCME LOM/ MTGCORP•510110 3128270El 2.295.719 SERIES 228 CLASS ID 8000 ME 02/01/35 FM F1233173 A2 TERM REPO AGREEMENT ... ... 0909/05 JOURNAL FEW HOME LOAR ARG CORPOS10110 3128220P1 -2.295.719 423.003.90 San 228 CIASS Kl 8.000 DUE 020145 MA F1293118 Al REPO AGREELIENT 060905 JOURNAL UNITED STAT/S TREASURY ROTE FIN F1290645 Al 4.000 DUE 02/15/15 REDO AGRUMENT 912828a19 40,000.000 35,400.CC0.00 06.99106 JOURTML UNITED STATTS TREASURY NOTE Frrm F1190851 A2 4.000 WE 02/15/15 TEAM REDO AGREEMENT 9128280149 60.000.000 59.400.000.00 On Ceolimunia Ø von EFTA01260448 GEARED THROUGH ITS ~Our awe ~Star 0 -n rn r P4ITS£00- IA19- ANGS 8 b.) IJ 00 a, BEAR STWRNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams ,1 Co. Inc. 383 MadSal Avenue New York New Yak 10179 21 ten Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 5/111.131011 MD( DATE TIVJGACTON cacwrica 05/09105 RECEIVED want STATES TREASURY NOTE CUE 04130/2007 3.625 3,625 DUE 0440107 F1TM 11290627 Al RESALE AGRFruna 05999109 DELIVERED WIED STATES TREASURY NOTE DUE 04/3012007 3.825 3,825 DUE 04,3007 ITEM 11220622 A2 TERM RESALE AGREDAENT 0909105 INTEREST UNITED STATES TREASURY NOTE O11EO2115Ø15 4.000 ATM F119O951 A2 REPO INTEREST O51O9A75 INTEREST UNITED STATES TREASURY NOTE DUE 04/3012(07 3.625 nT1.4 11220622 A2 RESALE MEREST 05/11/05 JOURNAL. FEDERAL RATON. MT ASSN SERIES 329 CLASS PO DUE 01/01/33 STPJP FIN 11013193 A2 TERM REPO AGREEMENT 06/11/06 JOURNAL FEDERAL NATIONAL MG ASSN SERIES 329 CLASS P0 DUE 01/01/33 STRIP rrnA /1113180 01 REPO AGREEMENT 05/11/05 JOURNAL MON. NATION& MM ASSN SERIES 346 CUSS 1 DUE 11/01133 ETA 11013195 Al TERM REPO AGREEMENT Bat Stenå Sooålhis Cap. One Miretta Ovar Pin limey% Mew Yot 112014639 FINANCIAL TRUST CO INC sirwzr.7 on= Aril 30. 2005 May 31. 2005 ACorxiirt µARK Ympkvin rumed On FIR van errrnerr ApI 29. 2005 SYMICUOZIP OUAMITv CREW MOUlgt DWI WWII 912828056 20.000.000 20.600.060.00 912828056 -50.030.080 54125.000.00 9128280119 41.355.50 912829605 26.594.10 31313/AWES 15.052.892 10.381.000.00 31386tikt6 -15.082.892 10.851.000.00 3114$FO8O) &463.537 4.553.000.00 011,01.95,1»03 001 VBM EFTA01260449 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Steams 8 Co. Inc. 383 Madison Avenue New York. New York 10179 22 a, w Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) C) SITIUMMT MAN CAM DAM 05/11/05 0 05111/05 m 05/11/05 C rn 05/11/06 05/1105 r 05/11,05 05/11/06 SPITSEOCIND- ANGS I8 1.4 1.2 00 00 1.4 --.1 01/841.01311 CASCRIFIkae JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS 1 CUE 11/01/33 Fln.1 F1313180 Cl REPO AGREDADIT JOURNAL FEDL NOW LOAM MTG CORPeS10109 SERIES 227 CLASS 10 5000 DUE 12/01/34 Firm F1233167 A2 TERM RE® AGREEMENT JOURNAL KM NOME LOAN MTG CCOPOS10109 SERIES 227 CLASS 10 5.020 DUE 12/01/34 F111.4 F1153280 AZ TERM REPO AGREEMENT JOURNAL FEDI. WA( LOAN MEG CORNPS10109 SERIES 227 CLASS 0 $ CUE 12/01/34 EOM F1013199 AZ TERI, REPO AGREEMENT JOURNAL FEEL HOME WAN WIG CORPOS10109 SERIES 227 CUSS 10 SACO DUE 1201/34 FRM F1313180 81 REPO AGREEMENT JOURNAL AUX NOME LOAN MEG ILORP8S10110 SERIES 228 CLASS 13 6.000 WE 02A)1/35 MIA F1313199 Al REPO AGREEMENT XURNAL FEDL NOME LOAM MEG COW/510110 SERIES 228 CLASS 10 6.000 DUE 02/01/35 FILM F1313180 Al REPO AGREEMENT man. natOuOm ITS vats,' Ovvitta SUOSakaity Bea. Steam Stank, Co 1Attnnan c_ Mali arCOOpt New Ywt 11201.1859 FINANCIAL TRUST CO INC STATFAttarz atA0D 401 30.2005 lanCtc11 May 31. 2006 ACCOLan %mean TaAPAYEA m.A.CR On 444 :An STATEuPIT Apl 29.2035 SYMOOMOAIP CUM0111, OHM AVOW Mon Am3ort 31364C803 4.463.537 4,666,000.00 31282YON6 1.445.460 312,000.00 31282YDN6 2.409.100 534000.00 3128210446 4.818.200 1,143,000.00 31282YDN8 -8.672.780 1.887003.00 312820P1 4.636.575 333.000.00 31282Y13410 -2.295.719 415.000.00 027 awour4a40 001 YIPS EFTA01260450 En I8 IJ IJ 00 1.0 0 O -n C in r 9PITSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING TOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New Yak 10179 23 ate Transaction Detail (continued) CLEARED n*0UCH RS MOAN CrAY/PD SISSICORY Bar Sturm Seaton An Cut Aletniteth Amor Poi, Ilitorilin Sew York 112014AS T CO INC sueimor moon Awl 30. 2035 THROUOil May 31.2005 TAXPAYER PLAYA ACOCIAll SWAM REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) LAST STATEMENT April 29.2006 SETTLEMOIT nate GM! DATE tRANSACIVI eliSCPientei enteCUCUSe Went SCSI mewl CREW maga OEM 1/05 JOURNAL FED. HOME LOAN MEG CORP4510110 31282Y0P1 2.295.719 423,000.00 SERFS 228 MASS 10 6,000 DUE02/01/35 rnm F1293178 AZ TERM REPO AGREDAINT 05/11/05 M.ReUf FEDErw. NADDNAL MI6 ASSN 3136FANE8 27.803.99 SERIES 329 CUSS PO STRIP DUE 0110112033 0.000 RIM F1013193 AZ REPO INTEREST 05/1105 MEREST FEDERAL NAnONAL MTG ASSN 313810809 11.875,74 SERIES 346 CLASS 1 DUE 11/01/2013 0.000 Find F1013195 AZ REPO INTEREST 0511106 MEREST FEDI. 11010E LOAN IfTGCORP•510109 3128210116 228.11 SERIES 227 CUSS C NE DU M F1 E 12/01/2034 233167 A.2 5.000 REPO INTEREST 06111106 MEREST FEct Tea LOAN ROG CORN/510109 31282)9116 1.222.00 SERIES 227 CLASS 10 DUE 12/01/2034 5.000 FRU F1153280 AZ REPO MEREST 05/11/05 INTEREST EEC( 110101E LOAN MG CORP4,510100 3128210516 2981.32 SERIES 227 CLASS /0 DUE 12/01=04 5.000 FinA F10131 REPO runt AZ 06/11/06 INTEREST MX HOME LOAN AUG OCOP41$10110 3128210P1 77.31 SEWS 226 CUSS 10 DUE02/01/2036 6.000 MIA F12931 REPO MEREST 78 AZ 027 otiouts011.3 001 6616 EFTA01260451 6EnZZOO- Vin BUR ST&RNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams IS Co. Inc. 383 Madison Avenue Nee Yak, New Yak 10179 24 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SETILDADO IRAK WA OAR 054205 0 0542/05 m 06/1106 0643/05 cim H 0543/06 r LVITS£00 IND ANDS IPMSK0311 DISCRPTION JOURNAL FEN. Name LOAN MG 02.100510110 SEPALS 228 CLASS ID 6.000 DUE 0201135 F111.4 F1053431 82 TERM READ AGREEMENT MEREST FEDL NOME LOAN mit CORpsSun to SERFS 228 CLASS ID WE 02/01/2035 6.000 FRIA F105343182 REPO INTEREST JOURNAL FEDL NNE Law FOG CORNrsioi 10 SERFS 228 CLASS 0 6.000 Dui 02/0145 FM F1333181 Al REPO AGREEMENT OEUYERED UNITED SUMS TREASURY NOTE DUE 04/30/2007 3.625 3.625 DUE 04/3007 Film $1240527 A2 TEM RESALE AGREEMENT RECEIVED uNITED STATES TREASURY 107E DUE 61/30/20:4 3.625 3.625 DUE Al Film F1330549 Al RESALE AGRFriall JOURNAL MX NOME LIMN WC coRmS10109 SERIES 227 CUSS 10 5,000 DUE 12C1/34 HIM F7333138 Al REPO AGREEMENT 0511105 JOURNAL FECt Nom LOAN miL ccaPAS10103 SERIES 227 CLASS 0 5,000 DUE 120144 FIN F1033272 AZ TERM REPO AGREEMENT CLMW nie0u0m ITS 'MOLLY mut, Suedeuver M&. Viers Stones Cup. 0-4 %Muted. Cow 1.4eP Prootbn Lea Vol 11201.3859 FINANCIAL TRUST CO INC SlAithen KRICO Ap'l 30. 2005 rocitouem Mal 31. 2005 SlIMOUOJSIP Warne OFNI AVOLM TAXPAVVI raintit 01 F00 oar waren AO 29. 2005 eSIDIt IMOUI0 3128270P1 18,365.752 3.665000.00 3128211En 8241.03 3128211391 4114287 162.000,00 4144 912828DS6 -20400.003 20,000,030.00 912828056 65.000.000 65.182.500.00 3126220/16 -2.409,100 516.000.00 SIMEON. 2.409.100 556.000.00 OY/ 011101.105331:03 POI Yin EFTA01260452 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Atackson Avenue New York. New York 10179 25 wM Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACTIONS (ccuirtueen Ulnae" TRADE 041E DATE fltia1CROM DISCR0110ii 519•BOCUSIP 05/13105 INTEREST UNTIED STATES TREASURY NOTE 912828056 osntioS MEREST DUE 04/302007 3.625 HEM 11290627 02 RESALE INTEREST FEOL KM( LOAN WIG DGRPK10109 31262YDN6 -n 0501606 JOURNAL SERIES 227 CLASS 0 DUE 12/)1/2034 72 AZ 5.000 RIM 11033 REPO INTEREST2 FEDERAL NATIONAL MTG ASSN 31367/M46 C in 05/16/05 Maim SERIES 329 CLASS PC CUE 01/01/33 SIRE. 11114 f 1053431 CZ TWA REPO AGREEMENT FEDERAL NATIONAL MEG ASSN 31361AWE6 DU SERI E ES 10329 LASS P0 01 1/3 C3 r SPITS£00- 019- ANGS IS 00 O IJ STRIP FINA F1363275 El REPO AGREEMENT CURIO 1),ROat a VAOAY 011441D Suitscav Bev. sans Waren Ca One Mara Caw Pia ii. r 112014959 ST CO INC STATEMENT real) Aprl 30. 2005 nwouoN may 31.2005 ACCOUki wait ToaAvest ABM On tie Lai STAMEN, A0,1 29.2005 OM MOON LRCM 0222221 5.344.44 1.459.50 15,544.793 11.174.000.00 .15.544.793 11434.0:0.00 osnlY05 JOURNAL. FEDERAL NATIONAL TWO ASSN SERIES 352 CUSS 1 0.001 DUE 07;01/34 MU 11363275 01 REPO AGREEMENT 3136ECITC9 .19.964.443 14,434.0:0.00 osneiO3 JOURN.U. FEDERAL NATIONAL MEG ASSN SERIES 352 PASS 1 0.001 DOE 0101/34 DIM 11103171 AZ TERM REPO AGREDAENT JOuteat FEDERAL NATIONAL MTG ASSN 3136KED6 .16.577.270 3.844.000.00 SERIES 353 CLASS 2 5.000 DUE 07/01/34 nrm F1363275 C1 REPO AGREEMENT 3136FCAC9 19,964.443 14,660,000.00 osnisios 027 0110105,24103 031 VS 21 EFTA01260453 ItICZZOOV.Li3 (-I 0 m cim H r 617TTS£00 IND ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Steams 6 Co. Inc. 383 Madison Avenue New York New Voir 10179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (conbnue4) twat. naiDUCIAI ITS MOAN, Cfraco tutecrAree Sam Seem SWAM*. Cap Cm taiga , Caw Ikea tatOlar. Ni. rot 11701.3359 FINANCIAL TRUST CO INC STATONIn PERIOD Apra 30. 2005 niathiGH May 31. 2305 Aceantr MAWR I....0.mPa smarm On EN LAS- STAnYEL7 April 29.2006 311111/4041 111A3t an DAM TRANSAL113iN DESCRO14.1 3114110LOJS. OLWITIrr Dm AINAN1 CM en mow 05/16+05 JOURNAL KORAI NATIONAL LOG ASSN 3136FCLO6 18.577.270 4.211.000 03 SERIES 153 CLASS 2 5.000 DUE 07101/34 RIM F1053431 Al TERM REDO AGREEMENT 05/16/05 JOURNAL FEDL HOME LONIIMG CORP/510109 31282YDN6 .8,190,940 1.729.000.00 SERIES 227 CLASS 10 5.0:0 DUE 1201(34 Fnm F136 a 3275 81 REPO 06/1405 10U UAL FEDL NOME LOAN MEG CORP4510109 3126270146 0.190,940 1437.000.00 SERIES 227 GASS V 5.000 DUE 12/01/34 Fnm F1123242 82 TERM REPO AGREEMENT 05/15.05 JOURNAL FED. NOME LOAN WC CORP4010110 312821DP1 2,754.862 528.000.00 SERIES 228 CLASS ID 6.000 DUE 02/01/35 nu F1123242 AZ TERM REPO AGREEMENT 05/16105 JOURNAL am NOME LOAN 1.170 CORP•510110 31282V091 4.132.294 747.000.00 SERES 228 PASS 10 6000 DUE 0501/35 ITTM F1233169 AZ TERM REPO AGREEMENT 0506/05 JOURNAL FEOL NOME LOAN liTG CORPOS10110 312521091 4.887.157 1.160.000.00 SERIES 228 CLASS 10 6.000 DUE 02901/35 HIM F1363275 Al REPO AGREEMENT 05/16535 JOURNAL UNITED STATES TREASURY NOTE 9128280619 40,000.000 39.406000.00 mm F1290645 A2 4.000 DUE 02/15/15 TERM REDO AGPEEIONT 05/18/05 JCIJRNAL UNTIED STATES TREASURY NOTE 91282(01/9 -40.000.0:0 39.900000.00 EWA F1360354 Al 4.125 DUE 0915/15 REPO AGREEMENT 027 06401.060033 901 van EFTA01260454 CLEARED MADAM ITS vaioLLY OWNED VAILSonv rn 8 b.) IJ 00 DO 10 1.0 0 -n C in z r OSTTS£00- 019- ANGS BEAR STEARNS OFFICE SERviez4G YOUR ACCOUNT Beat. Stews 6 Co. Inc. 383 Madison Avenue New York New York 10179 27 S as Transaction Detail (continued) In. Sins Sinn. Co Cno Innen Can WM teddy% An Tot 11201.3444 FINANCIAL TRUST CO INC STATEMENT PER= AYE 30, 2035 THROUGH May 31.2005 ACCCORT MARIE* ham witacra n REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) unman MADE DATE DATE IRASSCDON DE SCESPOD4 SDADDIJOSSIP Gun LAST STATEW.Nr Aprl 29.2005 DEBIT AVgfT COLD! AMOWO 05,1105 INTEREST FEDERAL NATIONAL MTG ASSN 3136FAWE6 30.598.14 SERIES 329 CLASS PO &RP DUE 01831/2033 0.000 TM 11053431 02 REPO INTEREST 0916105 MEREST FEDERAL NAMNAL M10 ASSN 313810(09 33,880.89 SERIES 352 CLASS 1 DUE 07/01/2034 0.001 MIA F1103171 AZ REPO INTEREST 0511805 INTEREST FEDERAL NATIONAL MG ASSN 3136FC1D6 11.531.12 SERIES 353 CUSS 2 DUE 07101/2034 SECO FITM 11053431 AZ REPO MEREST 05,16/05 INTEREST FIDE NOME LOAN LOG CO994110109 31282YON6 3.855.67 SERIES 227 CLASS 10 DUE 12/0112034 5.000 MM 11123242 82 REPO INTEREST 091646 MEREST PEEN 11041E LOAN MG CORMS10110 312/32YDP1 687.48 SERIES 228 CLASS ID ET DUE 02/012331 1/2035 69 AT 6.030 NA F REPO MEREST 05116/05 INTEREST FOX HOME u3AN MG CORPM10110 31282YOPI 1,136.96 SEINES 228 CLASS 10 DUE 02/0112035 6.000 FDA 11123242 AZ REPO INTEREST 05116106 MEREST UNTIED STATES TREASURY NOTE 912628CM9 18358,78 OUE 02/192015 4,030 fITM F1290645 A2 REPO INTEREST ORA)1/05,3602 E01 Mill EFTA01260455 to 4 8 IJ IJ ‘4.7 B&\R STURNS OFFICE SERVICING YOUR ACCOUNT Bear, StearTIS 6 Co. Inc. 363 Maoson Avarua New York New Y 10179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (tons nuet0 strnuorr MALE DATE DATE 0917/06 O 05/17105 m 05117/05 OS/18/0S cim H 0612005 r 092005 TSITSEOCINDANGS mAIMACITOR cescawrCei JOURNAL FANNIE MAE MO/SERIES 2003-62 ES40 DUE 4.003 07/25/17 FITM F1373141 Al REPO AGREEMENT JOURNAL CENERNMENT NATIONAL LUG ASSN SERIES 2004-30 CLASS SU 4.210 DUE 02/20/32 HEM REPO F13731 REDAENT 41 Si AG JOURNAL FEOL Now LOW MCORP/310110 SERIES 228 CLASS 93 6.003 OuE02/01/36 HIM F1373162 Al REPO AGREEMENT JOURNAL FREDDIE MAC CMOISCPIES 2886 SC-VO FUR 4210 DUE 07/15/19 MLA F1383160 At REPO AGREEMENT JOURNAL FANME MAE CMO/SERES 2003.13 S RCR-VO FUR 4.900 DUE 03/25/33 FITM F0383067 A2 TERJA REPO AGREEMENT JOURNAL FANNIE MAE CMYSEMES 2003.13 S RCR40 FUR 4480 WE 032933 ETNA F14(33139 Al REPO AGREEMENT JOURNAL FANNIE MAE CMEWSERIES 2003.13 S Rat-/0 FIER 4.980 WE 03/25/33 EOM F1403141 Al REPO AEREEMENE WARE° TieSttrai ITS veNCLAY omao MASJOIMIY Sam San Sommtes Cap. One latetece Career tesen Noyes. Nag Ma 11201.3859 FINANCIAL TRUST CO INC STATEMENT Pomo April 30.2036 nwouom Meg 31, 2005 ACCOUNT MAYEN ?SWAYER W1091 LAST STATEMENT AO 29.2005 Sniacticral OTUNITIY Can S8 IT MOO AMCVE 31393C538 47.724728 1.008.000.00 38374F6T6 -24.954.730 1.340.000.00 31282Y0P1 4.428.013 1.113.000.00 3139512/48 4.743.867 594400.03 3139210K2 26764620 31392J0K2 .12.664,810 31392a2 -12.1014.810 994000.00 027 C4101054003 0/1 vil74 EFTA01260456 at. THROUGH ITS WHOLLY 'Ate 9u0S0WW C) -n C rn r ZSITSEOCIA19- ANGS 8 b.) DO IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 6 Co. Inc. 383 Madsen Avenue New York. New York 10179 29 ow Transaction Detail (continued) —Senn karats Cap. Coe Mebasch Center Kcal Oooktp. law Vert 11201409 9/91211919199 FINANCIAL TRUST CO INC sTATILaky POW:0 Apra 30.2005 TI4ROUGH May 31.2005 Art..0, 0Cr ,0411ER taaPayER KAMM On On REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (coninied) LAST STAMEN' Apl 29.2005 Wr.010,1 Out( 0.41t 0AI( 11W25.4Z10, 0150.11P:a SYMPWCUSP OWanlY 05/2005 DELIVERED ARCED STATES TREASURY NOTE 912828056 55.000.000 D UE 00301203 3.625 E DU 7 04/3007 3.625 EOM F 1 3X).549 42 TERM RESALE AGREEMENT Oalt Waal CREW mourn 65.162.500 .00 0512005 RECENED UNITED STATES TREASURY NOTE CUE 0420/2007 3.625 3.625 DUE 04/30,07 FILM F1400896 Al RESALE AGREEMENT 912828056 092005 JCURNAL UNITED STATES TREASURY NOTE FITM FiFICC608 Al 4.125 CUE 052915 REPO AGREEMENT 9128280/9 TELCO:LOW 78292.500 .00 -30030.0:0 29,926.ECO ,00 05.2005 MURIA. UNITED STATES TREASURY NOTE mu F1360354 A2 4 125 DUE 05/15/15 *Al REPO AGREEMENT 9128280V9 40.000. 39,900,003.00 052005 MEREST MATED STATES TREASURY NOTE 912828056 27.241,55 DUE 04/302007 3.625 FILM F1330549 A2 RESALE INTEREST 052005 INTEREST UNITED STATES TREASURY NOTE 9128280V9 12.889.92 DUE 05052015 4.125 filM 11380354 A2 REPO INTEREST 0.543/06 RECEIVED UNITED STATES TREASURY NOTE DUE 0030/2007 3.625 3.625 DUE 04/30/07 FITM F1430546 Al RESALE AGREEMENT 91282/056 48.000.000 4100.000 ,00 05/2105 DELIVERED ANTED STATES TREASURY INNS DUE25 00302007 0420.07 3.625 3.6 CUE FILM f1•00696 A2 TERM RESALE AGREEMENT 912828056 48.000.030 78,292,600.00 027 010101.0110 001 v171 EFTA01260457 0 0 m C in r ESITSE00- 019- ANGS I8 b.) V.) 00 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns & Co. Irc. 383 Madison Avenue New York. New Yoh 10179 30 n. ,! Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (contnued) SITILLIA041 TRADE DOE DATE nbUGACTOOd orscornew 0923/05 INTEREST mm0 STATES TREASURY NOTE DUE 04/30/2007 3.625 FRM F1400896 A2 RESALE INTEREST 05124/05 SIVIIOLCUSE. 912828056 WARGO MROUOtt n'S %MOUS CKNED AMMAR( near 555anel Siones Can. Ole *moth Crew NMI ercatbn Mew Yon 11201-3859 FINANCIAL TRUST CO INC Miner PI Pant 30.2005 7141011311 May 31. 21:05 ACCOUNT MINDER TAX,A501 NUWIER On Fro LAST sTATomR, ,tars 29.2005 QUARTO DOT AMOUNT CREDEI MOM 17.681.06 DELIVERED UNITED STATES TREASURY NOTE DUE 04/30/2007 3.625 3.625 °MONSOON FITFA F1430548 A2 TERM RESALE AGREEMENT RECEIVED UNITED STATES TREASURY NOTE DUE 04/30/2007 3.625 3,625 DUE 04/30/07 FUM F1440492 Al RESALE AGREEMENT JOURIMI. UNITED STATES TREASURY NOTE ROA F1440343 Al 4125 DUE 05/15/15 REPO AGREEMENT JOURNAL UNITED STATES TREASURY TOTE F1TM F1400106 A2 4.125 CUE 05/15115 TERM REPO AGREEMENT INTEREST UNITED STATES TREASURY NOTE 912628056 602.25 DUE 04/3012007 3,62S FITM F1430546 A2 RESALE MEREST INTEREST UNITED STATES TREASURY NOTE 912826099 9.020.44 DUE 05/192015 4.125 FRIA F1400606 A2 REPO INTEREST JOIJRNAL FEDERAL NATCNAL MEG ASSN SERIES 348 CLASS 1 DUE 11/01/33 WM F1243221 A2 TERM REPOAGREEMENT 05/24035 912828056 -48.000.000 48,180,080.00 912828058 61.000.000 61,306,000.00 05424/06 912828099 44000.000 20.050.030 .00 05/24105 912828099 30=0.000 29.925.000.00 05/24/05 092405 06/2546 313610809 647.064 479.000.00 027 04.01.660140 071 1874 EFTA01260458 rn IS IJ IJ 00 Oo v. 0 -n C rn r PSITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beat Stearn & Co. Inc. 383 Mac550n Avenue New York. New Yak 10179 31 a 11 Transaction Detail (continued) ClEABS.0 neouc. IIS 'MOLLY °MCA SuBSOPAY BM. Scan SAWA*, Cap. Cat Menton Urea wuln Omar. — Vert 1120,41159 FINANOAL TRUST CO INC STAMM/ mow Pifil 30. 2005 THROWN Miry 31.2005 ACCOUNT TOMER TAXPAYER MEW On Fie REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (ccntrued) UST STAtte? poet 29.2005 SMARM DATE Mat DATE ItENSACITY4 DESCRIPTION StURCUCEST OUANTETT OEM AMOLOO CREW AMOUNT 05/25/05 JOURNAL FEDERAL NA113101. MTG ASSN 31311FCEIC9 -7.110602 3.800.000.00 SERIES 345 CLASS 1 DUE 11101/33 mu F1453273 Al REPO AGREEMENT 05/2505 JOURNAL MOM /M110/04. PAM ASSN 3136FCBC9 5.463437 4.666.000.00 SERFS 344 CUSS 1 DUE 11/01/33 FRU F1313180 a TERM REPO AGREE/400 05725/05 JOUPNAL FEOL IC. LOAN MTG CORP/P.310109 3128231)N6 2.409.103 516.000.00 SERIFS 227 CLASS ID 5,000 DUE 12/01/34 FEM F1333138 A2 TERM REPO AGREEMENT 05/25/05 JOURNAL FEDI. HOME LOOM MIS CORP/510109 3128210116 &190.940 1,729,000.00 SERIES 227 CIASS 0 5.000 DUE 12/01/34 11314 11363275 82 TERM REPO AGREEMENT 0535/05 JOURNAL fItt Half LOAN MEG CORP/S10109 3128230146 8.672.760 1.887.000.00 SERFS 227 CLASS 10 5.000 DUE 12/01/34 FM 11313180 81 TERM REPO AGREEMENT 05/2505 JOURNAL FEDI. HOME LOAN MEG CCRPIPS10109 3128210/16 .19.272.801 3.951.000.00 SERES 227 CUSS 10 5.000 DUE 12/01/34 FMA F1453273 01 REPO ACREEMENE 0545/05 JOURNAL FRECCE MAC EMOSERIES 2885 3139512813 43.743867 5C-10 MR 4.210 DUE 07/15/19 FRU F14533245 Al REPO AGREEMENT 02? 08101.050241:03 001 VIPS EFTA01260459 En I8 IJ IJ 4.• 0 m cim H r SSITSEOCINDANGS BEAR STERNS anct SERVICING YOUR ACCOUNT Beer. Stearns 8 Co. Inc. 383 Madison Avenue New York. Nevaoik 10179 32 :r Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACTIONS (continued) SETILDIENT TRADE DATE DATE TRAWSILITOII DUCAT/RION SYPEDOLCUITIT CIU4,097 Offil wort CIIIITO AI.ON11 05/25105 JOURNAL FREDDIE MAC CMO/SERIES 2888 SCIO ELM 3139612148 8,743.887 594.000.00 4.210 DUE 07/15/19 ram F1383180 A2 TERM REPO AGREEMENT 05/2SIOS MAHAL FEM. NOME LOAN FATG CORPOS10110 SERFS 228 CUSS 10 31282YDP1 918.287 182.000.00 6.000 DUE 020135 RDA F1333181 AZ TERM REPO AGRFFINNT ii ./29/06 O1684LL FEDI. HUE LOAN MEG CORP•S10110 SERIES 228 CLASS ID 312821DPI 1.838.576 333.000,20 6.000 DUE 0201/35 Film F1313199 A2 TERM REPO AGREEMENT 0925106 JOURNAL FEDI. Ka tom MD CORP/410110 SERIES 228 CLASS OD 3128291:01 2,296.719 415030.50 6.000 CUE 020133 HIM F131318)&2 TERM REPO AGREEMENT 0623/05 JOURNAL ITN. HOME LOAN MID OORPOS10110 SERIES 228 CLASS ID 312132YDP1 8,428.013 1.113.000.00 6000 DUE 0201135 FITU F1373162 A2 TERM REPO AGREEMENT 05/26/06 JOURNAL FEN. HOME LOAN miG CORPOSI0110 SIRES 228 CLASS 10 312132YDP1 8987.157 1.190.00090 8_,000 DUE 0201135 FRU F1363275 A2 TERM REPO AGREEMENT 06/25/06 JOURNAL FEDL 1106E LOAN MTGCOPP•310110 SERIES 228 CLASS 3128211)P1 -18.386.752 3.000000.00 6.000 DUE 020135 Film F1463273 81 REPO AGREEMENT CLEMS4 TRItOIXET ITS ATECE.I.Y WARD SIAISOIARY Dm. Sleirro Scents Co' UentbRIT ten*, Ter. Broollin. Rea Yen 112014859 FINANCIAL TRUST CO INC STATEARTETT :IRMO ADITI 30.2005 TRROVITET May 31.2005 ACCOINT PANDER TATEPAYER KAMER LAST STATTIEENT April 29. 2005 021 007006.0•03 CO Si EFTA01260460 ~no nwo.w. rrs YIICLT ose) supawrt IT1 1 8 IJ IJ DO 00 0 TZ E I r 9SITS£00-IA19-ÅNGS BERR STMRNS OFFICE SERVICEG YOUR ACCOUNT Be.. Steams & Co. Inc. 383 Madisco Avenue New Yeek, New York 10179 13 ..34 Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASETRANSACT1ONS (continued) M out OAIE ~rus OEscsopnw SI14831POUNP Munn, DINT WOUN1 0925105 JOURNAL UNITED STATES TREASuRY NOTE 9121128039 20.000,070 20.050.000.00 EMA F1440343 A2 4.125 DUE 05/15/15 TIPSA REKI AGREENEW 06125/05 JOURNAL UNITED STATES !MISUNN NOTE 912828099 43.000.000 23.143.150.00 ADA F1450395 Al 4.125 DUE 05115/15 RENT AOREEMENT 092905 INTEREST FEDERM. NATIONAL WC ASSN 3136/0809 919.28 SERIES 346 DASS 1 DUE 11/01/2033 0.000 FM F1243221 A2 REPO ERTERIS 0025105 INTEREST Mak NATIONAL LIM ASSN 3136FCBCI 5.969.89 SERIES 346 PASS 1 DuE 11/ 0.000 F101313t2033 3 C2 FIN 16 REPO !UFREST 06125/05 PREREST not Ia« LOAN /EG 00QP•S10109 31282%115 585.88 SERIES 227 CLASS 10 DUE 12/01/2034 5.000 FIRA F1333138 A2 RVO INTEREST 05r252)5 PITEREST FEDL NOME LOAN MIG CORPAS10109 31282/0116 1.422.10 SERIES 227 GLASS 12. DUE 12/01/2034 5.000 mi F1353275 82 REPO BIEREST 05/25/05 NATERES1 FEDE HOLE 10111 WC CORWS101011 3128210N6 2.414.31 SERIES 227 CLASS ID DIE 12/01/2034 5.000 EMA F1313180 82 REPO RATEREST 05125/05 INTEREST FREDDIE WC CLE/SERIES 2186 31396/2118 380.00 SC-VO FLYR OW. SIMMS SOMISM 03M. Wabotach OM( NYP ~or. HM It« 11201.34.5. FINANCIAL TRUST CO INC STAMMOR pv», Apal 30,2005 THAOVOM May 31. 2005 /0201.PR OMGIR TAXPAYM 10.Got On Ille LAST STATEMEW Apil n. wc& DUE 07/15/3019 4,210 FIN F13831 A2 REPO INTEREST60 OV wouoW:4203 ODl 713. EFTA01260461 En 8 INJ IJ 00 (-) 0 m cim H r LSTTSEOCINDANGS BEAR STERNS OFFICE SERvICING VOuR Accoung Bear. 52ehM$ & CO. Inc. 383 Madison Avenue New York. New York 10179 34 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SMWJENT MAN nAn CC! IW26rCTYM commas sow/ mum man /Acorn amen moue! ostzsros MEREST FEOL NOME LOAN MTOCORVK10110 3128210% 177.66 SERIES 228 CLASS° DUE 0201/2035 6.000 FILM F1333181 A2 REPO INTEREST 05/2505 MEREST FUE. HOME LOAN MG COROPS10110 312132YDPI 426.05 SERIES 228 CUSS 0 cuE02/01/2035 6.000 BIM F1313199 A2 REPO INTEREST 05/25/05 MEREST FECI. Hag LOAN WC CORP•510110 31282YOP1 530.97 SUMS 228 CUSS 10 DUE 02/01/2035 6.000 MIA F1313180 A2 REPO MEREST 05/25/05 MEREST FEOL NOME LOAN LEM CORPOS10110 SERES 228 CUSS 10 31282Y0P1 813.73 DUE 02/01/2035 8.000 RON) PITERES162 A2 Po F1373 66125105 MEREST FOIL ROME LOMIATGCORPM10110 312823W1 978.78 SERIES 228 CLASS 10 DUE02371/2015 6.000 FILM F1363275 A2 Rot INTEREST 03/25105 INTEREST UNITED STATES TREASURY NOTE 912132LOY9 1.598.0 CUE 05/15/2015 4,125 FILM F1440343 P2 REPO INTEREST 05/26/05 JOURNAL FANNE MAE CMG/SUES 21:03-13 31392/062 12636.058 S RC1240 FLTR 4,910 DUE 03/25/33 FITM F1403139 A2 TERM REPO AGREEMENT CUAQI0 WROttm IS 'ao' OW.4t0. UJOSOAR, tem SWI Setur net Ca,. Ole*mean Comer Mall Maly' 'Ow Vent 1120!-385.9 FINANCIAL TRUST CO INC STATIMENT PER= AMI 30.2005 11010t04 May 31.2005 ACC-NO man TOXPAVER WIPER On 1361 NIT sTATeweirr Awry 29.2005 022 01101/3550402 001 tens EFTA01260462 =MND TfflOUCUT n voeux Omet) INTO)LAR9 Ta 8 Ln O OO BUNR STEARNS OFFICE SERYCING YOUR ACCOURT km. Stemms & Co. Inc. 363 Madren Avenue jeddit 10179 35 et 3. Transaction Detail (continued) Be. Sutra Smilles Cos. OTe Sanaa Caner *TT 9». TT201.4.50 FINANCIAL TRUST CO INC relate T'Am Nyi 30. 2005 ncc.r.mr. may 31. 2005 ACCOUNT %LAMB TATPAvER Nusers On Fifa REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS 920119OLMICO LAST STATZUCer Api 29.2005 SOTLOADIT an TRACE DATE TRANWItel CCSCRSTTION TIMSOUOISTP COANIIIY DCIS1 MW« CRÉON M'OUM OS/26M JOURNAL FANME MAE CAE/SERIES 200343 31392101E2 4318034 5 RCR-P0 FLTR 4.910 DUE 03/25/33 FRAI F1463225 Al REPO AGREEMENT 05/2606 JOURNAL /NOUE MAI CLICKERIES 2003-13 3139211NQ 4318034 525.000.00 S RCR-VO RIR ,910 DUE 03/25/33 MM F1463223 Al TZ 1 1 REPO AGREEMENT unnos EIEWERED UMM STATU TREASURY NOTE 9128213056 11.000.006 61.306.000.00 DUE 0430/2007 3.625 8625 DUE 04/30,07 MM F1440492 A2 TERIA RISLE AGREEMENT 05(27,05 JOURNAL UNITED STATES TREASURY NOTE 9121328W9 23.000.000 23.143.750.W Film F1450395 AZ 1 125 DUE 05n 915 TÉPSI REPO Ammien 05/27035 JOU8IAL UNITED STATU IREASURY NOTE 9128211069 -38.060.000 38.095.000.W FMI F1470404 Al 4.125 DUE 0915/15 r 05127/05 INTEREST REPO AGREEMENT UNITED STATES MASS MIE 912828058 10.898.67 DUE 04/30/2C079 3.825 HEM F14404 2 A2 RESALE Il/TERME 05/27/06 INTEREST UMTED STATES TRFASURY NOTE 9128280149 3.613.00 8SITS£00- 019- ÀNGS DUE 0S/192015 4.125 ETNA REFO PITERES F1450T 395 4.2 027 0609942CONO Ib, VIII EFTA01260463 (-) 0 m cim H r 6SITSEOCIND- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. 363 Madison Avenue Ncar YOlk New Y 10179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (corainuea) 5111111.910 TRADE DATE CAN IRMISAC11011 060801101/ 05/31/05 RECOVED LIVED STATES TREASURY NON DUE 05/31r2C07 3.500 3100 DUE05131/07 FTIV F1511194 Al R[50 E AGRUMEN1 TOTAL 519.130UCUS• 9129290Y/7 OUNCITY Astatit 54.000.000 54.000.000 .00 CLEARED 0910009 ors 900A 0.8903 StletuSe OW. Stan Searon CCM. Cot Atoodsco. Nor9, 0 Pint Yin 11201.3859 FINANCIAL TRUST CO INC STATAMENT PEA100 April 30. 2005 wraouom may 31, 2005 ACCOurrt hue TAApAy011 Kneel On Flo LAS' STAMM Apnl 29.2005 rate AMOUVI 057908.768.09 S533.318142 Or MISCELLANEOUS 0. ( M2/DAY MAMACTON DISCRI01311 C(811480010 03030 MOWN 05/02/05 fl ag. FR CMOs NC 021.52128-F1 153.010.50 owns CENRAL TOCNDY A/C 021-5212841 79.838.50 05/0405 JOURNAL FR CNN NC 021-5212941 107.505.00 05/0605 JOURNAL TO (MDT NC 021-52128-F1 159.044.41 05/01105 JOURNAL FR CMDY A/C 021-5212841 70.660.50 05/1005 JOURNAL ER GIADY A/C 0214212841 109175.00 0912/05 *ANAL lOCIADY A/C 021-52128-F1 173.287.00 05/12/05 JOURNAL Dat130nt(FMM6GID SETT.05.05 43.750.00 1000 DUE 05/01/35 MBS NET 05/12,05 05/12/05 JOURNAL nim4-30YRITIFIANGTO SL17.05/05 50000.00 5.500 DUE 05/01/35 MS NET 06/12/06 05/16/05 JOURNAL 10CMOY A/C 02142128-F1 106.290.00 05/18/05 JOURNAL ER CLOY NC 021-5212B41 21.631.00 05119.05 JOURPIN. TO CINDY NC 0214212541 611.641.50 022 0103105,3111)3 001 1I70 EFTA01260464 0.EARED THROVE.. n "fl ay Owe SUSPOLART rn IS IJ IJ OO u, IJ z ii C in z r 09TTS£00-O19-ANGS BEAR STEARNS OFFCE SERVICING YOUR ACCOUNT Bea.. Steams & Co. re. 383 Madison Avenue a rk 10179 Bac Sten SaPetle$ CoO are .1/401)14.01 Gantt rare .00,0r. Mt T 11231-340. FINANCIAL TRUST CO INC 37 all Transaction Detail (continued) MISCELLANEOUS (centitued) OAR /MAY TRAN5ACTON OESCREI1311 OWIT MGM CRUM MOW, °MOOS JOURNAL FR CMDY AIC 021-5212/3$1 156.062.50 05/23/05 JOURNAL IR ChoDY NC 0214212841 127.115.50 05/24/06 JOURNAL TOME* AC 02142139-F1 154.789.50 05/25/05 JOURNAL APR OS SPEC CLEARING FEES 1.600.00 05/25/06 JOURNAL TOCUDY NC 021-6212841 274.164.00 05/26436 JOURNAL CORRECT Ma DORY 5/2$ 3COM APR OS SPEC CLEAR FEES 06/26/05 JOURNAL TO CMCFf NC 021-5213041 56 300.00 05/27 1T5 fR CLOY AC 021-5212841 96.860.03 FR DAYIAC 0314212841 950.00 $.-1410.254.91 1836.131.19 Trades Executed Pending Settlement SETILEVENT Timm Oft OAR TRANSACTEM DESCREPTION 06102106 05/27/05 BOUGHT ITTAKUCUSIP STAIRWAY PERE0 April 30.2005 THR01.481 V ay 33. 2305 ACCOARET WAIVE TAXPAYER MAURER On FIR Lai STARMLNI AM 29. 2005 WAVER ACE OM Alga CREDO MOW ALTAJOalnit LOAN TRUST 12667FG66 37.701.414.00 2.1562 827.671 .71 SERIES 2004-3008 CLASS 1-A-8 OUE07/25/2036 02.080% 0987049814332 REF *2C06052757050030 BS 02T Ce.enitadeas EFTA01260465 rn 8 IJ IJ so 00 0 -n C in r T9ITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Stearns 6 Ca. Inc. 383 MESSon Avenue New York. New Ycrk 10179 38 • sr Trades Executed Pending Settlement (continued) CsCARC0 111•000tt its WriCsty 00140 Satacssstr 802. Stars Stcumni Cuts One Veatch Cent/ 140th FINANCIAL TRUST CO INC STATE EN Pest= April 30. 2005 114110uati Wry 31.2005 aCtair WOES TOPssER 'tea en FEe LAST STATOADC AO 29.2005 327111110.7 OAR ita DATE TIUNSAC71311 teSerancer SWOCUCUS• COWIN HIOE 02110121010.1 C2021 71.0.017 07/14/05 05/0605 SOLD nem 30YR TM GTO SETT. 07/05 5,080797 -30030.000.00 98.5195 29.555.859.38 DUE 07/01/2035 05.000% 0987021011332 REF A 2005050657440000 BS 07/14/05 05219/06 SOUGHT FNIAL-30TRIMSANGTO SETT.07/06 5,082870 30,000,000.00 100.8671 30.260.156.25 CUE 07/01/2035 05.500% 0987280211332 REF • 2005051957050000 85 07/14106 05/23/05 BOUGHT FratABOAPNL0/070 SEIT.07/06 5482870 30.000.000.00 101 30.300.000.00 DUE 07/01/2035 05.500% 0987135514332 RU 12005052357100000 BS 07/1005 05/C6/05 SOLD FNIAL.300191•40STO SETT.07/06 5182870 -30.000.000.00 100.5156 30.154.887.50 CUE 07931/2035 05.500% 0987280211332 REF P 200506085745(000 85 07/14/06 05/26105 SOLD FNLIA.BYIRB/041)6TD 5117.07/D6 5662870 40.090.000.00 100.9531 80.571.875 .00 DUE 07/01/2035 05.500% 0987016110332 Hs • 203505265718000D BS TOTAL 381,017,027.96 S170282.421.20 Int save tada tt, not now .n any Wet 1601 0 1 statwyeet. STOPI End of Staternen 027 01001/2601043 001 VOre EFTA01260466 aLegtie reaccon I'S w“Our OmADO SuaSEPAser O TZ I I m r Z9ITS£00- 019- ANGS IS b.) 00 IJ BEAR STEARNS OEM( SERACING YOUR ACCOUNT Bear. Steams 8, Co. Inc. 383 Mo64on Avenue New York. New York 10179 ACCOUNT ETECUTNE GNMA GOVT BONO VISIT OUR MOSUL www.bearsomms.corn What's In This Statement I IIIIIIIIIIIIIIII Financial Summary 3 FINANCIAL TRUST CO INC Your Portfolio Holdings 4 00 JEFFREY EPSTEIN Transaction Detail 7 6100 RED HOOK QUARTER Trades Not Yet Settled 36 STE 63 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL YALU( OF SECuRMES THS Pflu00 LONG ACCRUED MEREST NET CREDIT BALANCE 2,900 677 49.699 180.992 CAN a Equinoen 9180 992 271.66E filed Income NET Boum THIS PERIOD S 900477 77,315.615 Care meet yam $3,131,368 IIII Lest suommte notes web, NET EOUITY UST STATEMENT 3.471.276 CHANGE SINCE LAST STATEMENT •339,907 There are no 'Stop Loss* atlas or other pending buy or sell open orders on file for your account. eau. Sewn Seasbet Ow Ykuctech ctober IMO liceOr. Now Vat 1131O1411S0 FINANCIAL TRUST CO INC Smilmeor PI/tOO NA 1.2005 notOuCi A;c1 29.2005 ymM LAIMMIt TAXPAYOt MAWR Cri nle tAS- sm-xmcor Minch 31.2005 can THs sunray Fs lir klailinkail WPM. trey. II IS MI Kr4.0 MU. cleasnort Ns Canoe told et reuses tot sot worts Ste 'verse We for rrooltri Sterna.% 02' Co1005.11 21 CO1 1.577 EFTA01260467 CUJJELD THROW,. RS HICur OW ED WISSOARY Sear. kerma Scotia*. Co Cne lAttroCeth Genii ROD MIN II201.3360 FINANCIAL TRUST CO INC cr 8 IJ DO IJ z m cim z H r E9TTSEOCIND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 001006:11:24 001 V271 EFTA01260468 BEAR STEARNS CifICE SERViONG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 3 of 37 Cash Flow Analysis we moo Income Summary D46 ODD® KAP TO DAD Opening Balance 177.667.54 U.S. Col. Bond Int. 185.544.78 2.696.001.23 Govt. Agency Inc. 552.436.36 2.574.774.36 Secures Sol0 1.359.111.947.26 Cap. Bond In. 111515.89 488.527.96 Orndends/Interest 852.37123 Credit Balance et 874.20 2.834.20 0 z -n efiscellaneous Amount Credited Semites Bought 2.204.993.35 51.362.169.313.84 -1.358.335.855.07 Reverse RCM: Ch836 Int. Total Boni Purchase Int. Repurchase ht. Esp. 167,202.34 51 019 575.57 -925.716.62 .242.166.81 991733.64 56.755.871.39 -4,426.001.99 .642.859.23 Ontclendsgntorest Charged -925.716.62 C in z Miscellaneous Arnow* Debited Net Cash Activity -2.804,417.29 S-1.3132.065.988.98 103,324.86 Portfolio Composition CashCash Equivalent 180.992 Closing Balance 9180992.40 Fixed Income 2.900,677 Total 53,081.669 r P9ITS£00-019-ANGS I8 b.) IJ 00 tri a Cash Balance Summary CHNNO MOM Margin 71667.54 186992.40 Net Cash Balance 577.667.54 1180.992.40 all 0.1.3COS 11 14 001 LIDDED THR3LOK rre wICILY ante SUMMARY Da Sena 310.4144 Cop OW Wadi Otis DDT NM tut 11$01.343341 FINANCIAL TRUST CO INC STATENED, Waco Apfil 1.2005 nstwati Ap9 29, MOS 4-44-4, 464 wweEll ToxiDenD waft LAST STATEDCDT March 31, 2005 Your Portfolio Allocation L Find Intone 95% Vv Mora patIont deeetit Coal Wry,/ rat, Con its dans. 1te vkC prtatespeetlemel fir ite *alto 'need vela of y Dna* D174 EFTA01260469 0 Tz t l C m z H r STETSEOCINDANGS BEAR STERNS OFTICE SERVICING YCUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New Yea New Y 10179 Your Portfolio Holdings CASH & CASH EQUIVALENTS eneNenara sweauCuStv CASH BAIMICE "ARC II/ III ISIIVATID 0.19/.(10 InSUM trout MUOItll TOTAL CASH & CASH EQUIVALENTS $1!,: 332 FIXED INCOME Government & Agency Obligations ACCI D(3CRIPTION SYWOOUCUSI FOWL NATIONAL MTG ASSN 31393C2C5 TARGA a CLASS SW OATED DATE 041/3003 BOOK ENTRY ONLY DUE 3. 0% FACTOR .6 01/25/2034 33 1604998 cuwnn CLF-s11.0 (FROWN ITS 9.10Lsv OWNED SuSSOVJR9 Slesm Sonata Cn Che Iiiirototh Censer Ste BrooItn, KC Van 11291.3859 FINANCIAL TRUST CO INC STATMENT PINGO AprIl 1. 2005 THROVOn AO 29, 2005 ACCOWJT M*4R vsscrsvvs MASSERIPP E LAST Sisvr919.7 WPM 31.2005 0409.19 ESTIVAID Pea Wan VAIUE NITIALSI IMUIl MOW( MEW 3.) 12,983.710 8.0124 1.040,305 5.741 516.752 49.6731 F . NOME LOAN MTG coapesiono 31292YDP1 MCA 9.419.607 19.7500 1.960.372 43.993 665.176 30.3797 DATED 228 CUSS 10 DATED DATE 02/01635 BOOK ENTRY ONLY CUE 02)01/2035 6.000% FACTOR . .94196062 Total Government& Agency Obligations 32.967671 $49,999 SI C1' .':+:e. TOTAL FIXED INCOME YOUR PORTFOLIOHOLDINGSACCRUED INTEREST $49.699 YOUR PORTFOL IOHOLOINGSESTRAATEO ANNUAL INCOME $1,081,926 YOUR PRICEDPORTFOLIO HOLDINGS 33,081 669 .371 EFTA01260470 GLEAM 714)0JGH rs "ICUS OSNE0 StS6Cuity 0 -n C in r 99ITS£00- 019- ANGS BEAR STEARNS OFFICE SERWCIW YOUR ACCOUNT Bear. Steams & Co. In& 383 Madison Avenue New York. New Tot 10179 S 131 Repurchase and Reverse Repurchase Transactions with Bear, Steams& Co.lne.outstanding asof date of statement PURCKNO lenitOOSE PRONG pi USE erCti AtcRuar PEPO OUMITITY suer Oft DAM RAIL Mak MUCH' Pra HAWN COW DESCrenew YOU PROvicato FEDERAL NADDNAL NTS ASSOC ostARGE4 02/076)5 OPEN 0.000 -50.000.000 313921062 SERFS 2CO3-13 CLASS 1.9800 03125433 An. Wars Setae COrb Or Vorreter." Otter Raw OnOtlyb Na' crit 20 3419 FINANCIAL TRUST CO INC sTArcerer reeco ApI 1. 2005 THROUC04 pi 29. 2005 CC0.b.7 M.PMER "00•ArEA rime, On RA LAST STATPAINT March 31.2015 YOU SOLD (REPO) 0004/06 06104/06 3.080 471000 -1.133 410.000 3136FCBC9 SERIES 346 CLASS PO 11101/33 FANMEIME SIR? YOU SOLD (REPO) 04111/05 05/11/05 3.130 -10.563.000 -19322 -30.000400 3136FAY/E6 SERIFS 329 GUNS PO 12/01132 FANNIEMAE STRIP YOU MD REPO) 0011.05 05/11.135 3.130 4,553000 -8.313 -9,090.000 3136F03C9 SERIES 346 CUSS PO 11101/33 FANNIDME STRIP YOU sow (REPO) 01/11435 06/11/05 3.130 -1.143.000 -L066 4.000.000 312821066 SERIES 227 CUSS 10 5.000012/01/34 FEDERAL HOVE LOAN STRIP YOU SOLD (REPO) 04113/05 05/13/05 3.150 666.030 424 -2.500.000 312826366 SERIES 227 CLASS 5.00001240134 FEDERAL HOME WAN STRIP YOU SOLD (REPO) 0//15105 05/16/06 3.160 -11.171.030 -16.779 -30,959.779 3136FAVE6 SERIES 329 CUSS PO 12/01132 FANNIE/4M SEW YOU SOW !REPO) 0015105 05/16.95 3.180 4211.000 -6.323 -20.000.030 3136FCLC6 SERIES 353 CLASS ID 5,0000 0741/31 FANNIE MAE S1RP YOU SOLD (REPO) WINOS 05/16,06 3.160 .3.665.000 4.503 -20000400 31262Y0P1 SIRES 228 CLASS 10 6.0300 02,01/35 FREODEMAC STRIP YOU SOLD (REPO) 04/2066 05/16/05 3.200 -14.660.000 .15.637 -23.003.000 3136FCC9 SERIES 352 CUSS PO 07/01/34 FAMdE MAE STRIPS YOU SOLD (REPO) 04/22/05 06/16/05 3.230 -1.837.000 -1.618 4.500.000 3126211346 SERIES 227 CUSS tl 5.000012/0134 FEDERAL HOME LOAN STRIP 021 044005.11;24 ®1 1677 EFTA01260471 5r1 8 OO so BEAR STEARNS Of FCE SERYMG YOUR ACCOUNT Beef. Steams b co. Inc. 383 Matson Mamie N. ., Yet rek 10179 Repurchase and Reverse Repurchase Transactions (continued) with Bear,Stearns& C o. Inc. outstanding as of date of statement (continued) carAgoo 71.10)t.C.1 WMCLLY On10.0 SIAISIDURy Ste. Sten SectilteS cap. Ott 1/erettCh 0rue 1.1515 Etacilin. µr Vprt 11201.12.55 FINANCIAL TRUST CO INC STAreurN7 PER0o Apr1 1.2005 notax# AO 29.2005 AMC/Mr MAWR T.W.AYFJI tansBER On no LAST STATE/TNT Wirth 31.2005 PlaCK1SU REPLII01IASI SIM/ DATE Dan PRCTK INTE pLacoAst (Two MON. to:ALTO FIPO WISEST. OUM(119 DAR AMINO Cul, CESOMION vou SOLO FREDDEMIC SIRP (REPO) 04/22005 05/1605 3230 .528400 .173 .3.000.000 3121)220P1 SERIES 228 CUSS 0 6.0000 0201135 YOU PRONGED FREIWIDNAC STRIP 044684) 0402205 OPEN 0.430 .7.000.000 3128211241 SERIES 228 CLASS ID 5.0000 0201135 YOU PROVING GOVERNMENT NATIONAL MEG ASSOC m (IIMAIGIN) 04025/05 OPEN YOU SOLD 0.000 .28.400X00 38374F007 SERFS 2004-5 CUSS P 3.9500 02/20133 (REPO) 04/25005 05/11105 YOU 'ROMEO 5.130 435.000 .531 .2,500.000 31282V/EI FEDERAL NOME LOAN STRE SERIES 227 CLASS 10 5.0000 120144 cim (MARGIN) 044505 OPEN 0.000 -1.500,000 3128211)N6 FEDERAL NOME WAN MP SERIES 227 CLASS 10 5.000012/3144 YOu SOLD USTR IA= 02/1915 H )REPO) 0402905 OPEN 2.750 -59.400.000 .13.612 -60.000.000 91282891/9 TOTAL REVERSE REPURCHASE TRANSACTIONS so so TOTAL REPURCHASE TRANSACTIONS 1-113SiSOCT> $12-MT 94 Of Sal dew r L9TTSEOCIND- ANGS EFTA01260472 CLIAPAD DIRCAJGAOs ,,,o,..OVA., SUBSAYARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc, 383 Madison Avenue N sle/irk 10179 7 ay Transaction Detail INVESTMENT ACTIVITY 0222,21MT 1101004 OAR 0.18 MASACMC 04/0005 03)31105 BOUGHT 04/0005 03/31/05 SOLD -n 04/01005 03/31/05 SOW C rn 0007/05 PRINCIPM 04408/06 04007,05 WSW r 04/13/05 03/16.05 BOUGHT 04f1V05 03/14/05 BOUGHT 89ITS£00- 019- ANGS IS b.) 00 O IJ DESO2•1109 UNTIED STATES TREASURY NOTE DUE 12/310006 03.000% JO 30 0989016192099 YIELD 3,755 %TO MATURITY OVER REF • 60901002 Al UNITED STATES TREASURY NOTE DUE 0301/2007 03.760%1.15 31 0988016192099 NEW 3.795 % TO MATURITY OVER REF I 00901006 Al UNITED STATES TREASURY NOTE DUE 03/310007 03.750% MS 31 09813016192099 YEW J3 795 % TO WOURHY OVER REF 160901006 81 FEDI HOME LOAN MTG OW*1510110 SERIES 228 CASS 13 6 000 DUE 02/0105 pampa. REDUCTN 04-15-05 UNITED STATES TREASURY NOTE DUE 02/15/2015 04.000% M 15 SPECK INSTRUCTIONS YEW 4,412 %TO MATU OVER REF *40970029 All AS Of 0007/05 Emu 30YR GTO SETT. 0405 DUE 04010015 05.000% 0987016110332 REF • 2005031657130:00 SS FNMA 30YR Oro SETT. 04/05 DUE 0001/2035 05.000% 0967280211332 REF 2005031457280000 85 fam Sims MAIle. (1-• weaned, Min Noll Mr Val 112014160 FINANCIAL TRUST CO INC SIAIME07 PIAOO MI 1.2005 1102:0201 MI 29. 2005 ACOWN7 PANIE TAICrArtit wueER del Fle MT meteor, MEM 31. 2005 Sit. .069 Owarrre KM MO AMMO CREOfl AVOMI 9128280F4 50.000,030 98.73047 49.365.234 .38 =R. NT. 377.071,92 9128280Q0 40.003.000 99.91406 29,974.218 .75 ROOT', NT. 3.073.77 912828000 40.003.000 99,91408 19.957.031.25 ACM NT. 5.122.96 31282/091 .335.609 9128280M9 40.000.0:00 96.73438 38,693,750.00 ACCR. NT. 229434.25 5042290 5.000.000 97.93359 4.896.679.69 51082290 10.000.000 97.71094 9.771.093.75 On 9400091104 031 Yen EFTA01260473 I981:ZZOO-V.L43 0 -n in r _ 69ITS£00 IN9 ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams .5 Co. 383 Madison Avenue New York. New York 10179 8 es sr CLOSED TellOuts ~Sr Pee ~WSW Ism San ea M. One elartOsh Cents Not ileoeler. New YeS 11201.3«, FINANCIAL TRUST CO INC BUM* sr nmco Apra 1.2005 Transaction Detail (continued) INVESTMENT ACTIVITY (confirmed) S/Ø TRAM DATE MR ntOiSAC11CN CISCRPTCS SYMESCu$2y SOU 0410~ API 29.2035 ACSOiart susseR TA20>AVER NwilER tAiT STATPALs7 Myth 31. 2005 OWL wow CREW Ø111 04113/05 03/08535 CANCEL SELL FNIM 30yR GTO 5A82290 10.000.000 98.45875 0845875.03 SETT. 04/05 DUE 04A)1/2035 05.000% 0967016110332 REF w 2005030858030000 8S AS Cf 03/08/05 TO C31 PREVIOUS SELL 04/13/06 03/09105 CANCEL SQL FNMA 10YR GM 5182290 15.000.000 97.92188 14.688281.25 SETT. 04/05 DUE 0031/2035 054430% 0987015110332 REF II BS OF 03 2005030957380000 AS /09/05 70 00 PREVIMS SELL 04/13/05 0Y1Ø BOUGHT Dam 3011 GID 5A52290 20%0.000 97.57813 19.515425.00 SETT. 04/05 WE 04/0112035 06.000% 0987135514332 REF • 200503155714~ BS 04/13/05 03/1%6 CANCEL SELL DMA 30M GM 5A82290 20.000.000 97.65625 19.631.250.00 SETT. 04.05 0%04/01/2035 05000% 0%7280211332 REF a 2005031457080000 BS AS DI 03/14/05 TO CAL PREVIOUS SEIL 04/13/05 03/18/06 CANCEL SELL Ram son: GTO 5482290 20400.000 97.91018 19.582.031 SETT. 04/05 .25 CUE 04/01/2015 05.000% 0967016110332 REF • 2035031857030200 BS AS OF 03/18/05 10 Oa PREVIOUS SELL 04/13105 03/18/05 CANCEL SELL ROM 30YR GTO Sa 20000.000 97.92188 19.584.375.00 SETT. 04/05 DUE 04/01/2015 05.000% 0967135514332 REF • 2005031857050000 85 AS Of 03/18/05 TO CM PREVIOUS SELL 027 0•1300.11:24 001 RSTT EFTA01260474 In I8 IJ 00 IJ IJ BEAR STEARNS OFFICE sERviCivG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue you. 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (corenue0) semi:mew ~cc DUE out remAcncei 04/13/05 03/09.1% CANCEL SEAL 04/13/05 0310805 CANCEL SUL -n rn ~3105 03/21/05 BOUGHT 04113/05 03/30.05 BOUGHT r 04/1305 0311605 CANCEL WY 04/13.05 03/14/D5 CANCEL BUY OLITS£00- IA19- ÅNGS cow/Pam FNMA 10YR GTD SETT. 04/05 DUE 04/01/2035 05.000% 0987021011332 REF 12005030957320000 AS Cf 03/09/05 TOO/ PREVIOUS SELL Era 3M2GID SETT. 04/05 DUE 04/01/2035 06.000% 0987280211332 REF • 200503[157870300 AS Of 03336/05 TO C31. PREVIOUS SELL FNMA 30YR GTD SETT. 04/05 DUE 04/01/2035 05.000% 0987016110332 REF 12005032157140000 FNMA 30YR GID SETT. 04/06 DUE 04101/2035 05.000% 0987280211332 REF • 2005033057320000 FNMA ØR GID SETT. 04/06 DUE 04/01/2035 05.000% 0987016110332 REF • 2005031557130000 AS OF 0311610$ TO Ca. PREVIOUS BUY MI». 3D OM SETT. 04/05 DUE 04/01/2015 05.000% 0987280211332 REF • 2005031457280030 BS AS Of 03/14/06 TO GEL PREVIOUS BUY ClF.ARED THROUOn 116 VmOU.Y Om» SuaSowtY I- Sam Sauna 0001. as lame& Unur NOM Nat Tot 112014159 FINANCIAL TRUST CO INC IITATELINT ~OD WI 1.2005 TIFOUCH Aff1 29.200.5 ACCOuN7 ~FR 1~Y6R mmeen On Fie WT STATEWNT march 31. 2005 SnAKUemS• QUANTITY Met CUNT ANOUNIT Mon /mourn $482290 20.000.000 97.99219 19.598.437 .50 BS 5932290 20.000.000 99.53125 19306.250 .00 BS SA82290 40.000.000 97.75050 39.100.000.00 BS SA82290 50.0800.800 97.39644 48.599.218.75 9S 5A82290 -5.000.CCO 97.93359 4.1396.679.59 BS 5882290 .10,000.00D 97.71094 9771 093.75 02/ 0113005.11-24 001 •477 EFTA01260475 rn 8 IJ IJ 00 CT 00 W 0 -n C rn r ILITS£00- 019- ANGS BEAR STEARNS OFFCE SERY112.0 YOUR ACCOUNT Bear. Steams & CO. Ix. 363 Mad6on Avenue New Yoh New York 10179 10 S37 STAMM:NT 70:0 AO" 1.2005 THROUGH /pi 29.2005 Transaction Detail (continued) ACCOurie N TATTTAYEA i n On Fie INVESTMENT ACTIVITY (continued) LAST erraemorr /Arch 31. 2005 SITITDADIT 'w CATE DATE IRIASAC11014 oucavram SYMICUNINe MUM 000E MEW AMOUNT CRIDIT MOM 0411305 03/06/05 SOLD FNMA 30YR GTD 5182290 -10.000.000 98.46875 9.845.876 SETT. 04105 .00 DUE 0401/2015 05.000% 0987016110332 REF • 2005030856030000 BS 04/13435 03/09.05 SOW FNMA 30YR GTD 5/02290 -15.000.000 97.92188 14.688281.25 SETf. 0405 DUE 0401/2035 06.000% 0987016110332 REF 4 2005030957380000 BS 04/13/05 03115.05 CANCEL BUY Ram 30YR GTD 5882290 -20.000.000 97.57813 19.515.625.00 SETT. 04/05 DU E 0401/2015 05.000% 0987135514332 REF • 2005031557140000 BS AS OF 03/1505 10 070 PREVIOUS BUY 04/1305 0311405 SOW FNMA 30YR GTD SA82290 .20.000.000 97.65625 19.531.250.00 SETT. 04/05 DUE 04/01/2035 06.000% 0987280211332 REF It 2005031457080000 BS 04.113/06 03/1105 SOU) Maw 30YR GTD SA82290 -20.010.000 97.91016 19.582.031.25 04.515 DUE 04/01/2035 05.000% 0987016110332 REF # 2005031857=000 BS 0013/06 03/1806 SOW FNMA 3001 GTO SA82290 -Z0.010.000 97.92188 19.584.375 SETT. 0405 .00 DUE 04/01/2035 05.000% 0987135514332 REF # 2005031857050000 BS 04/13/06 030905 5010 DMA 30YR GTO SA82290 .20.100.00D 97.99219 19.598.437 SETT. 04/05 .50 DUE 04/01/2035 05.000% 0987021011332 REF • 2005030957320010 BS CLATAC0 omoccrr rra vniCATY OAT 40 assotore ter. Steams Scents Cap. Cum IATATATA few Mn Botedr‘ Nee at 20 309 FINANCIAL TRUST CO INC 027 040205:1124 0:11 V077 EFTA01260476 CLEARED 111ROUOn ns SLY ORM112 SUISOCUJIY BB ‘R STEARNS OFMCE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue illeork 10179 11 or Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETREMOO 1Rellt DATE CATS I macaw OLSCRIPSON smeasaeat Mom Pitt 04/13/05 010805 SOW DMA 30YR GTO 5.02290 -20.000400 98.53125 SETT. 04/05 09 DUE 704802111 /01/2035 05.000% 82 32 REF • 2005030857670000 85 04/1105 03/21/05 CANCEL BUY FNMA 30YR GTD 5482290 -40,000.WO 97.75000 SETT. 04/06 DUE 04/01/2035 05.000% -n 0987016110332 REF • 2005002157140030 BS AS OF 03/21/05 TO W. PREVIOUS BUY C rn 04/13)05 03/3005 CANCEL BUY FNMA 30YR GTD 5ETT. 0405 DUE 0980 1 21133352 /20 05.000% 724A) 80 5A822£43 -50.01:0.000 97.39844 z -H 04/13/06 0114/05 BOUGHT REF • 2005033057320000 BS AS OF 013005 TOW. PR EVPUS BUY FNMA 30YR 010 SETT. 0406 5182261 5.000,1703 100.13281 DUE 04/01/2035 05.500% 0987280211132 REF • 2006031457290000 85 r 04/1305 03/16/05 BOUGHT FNMA 30YR GM SETT. 0405 5482291 5,000.000 100.26563 DUE 0401/2035 05.500% 0987021011332 REF ft 2005031657240000 BS 04/13/05 03108/05 CANCEL SW. FNMA 30YR GTD 5452291 10.000,000 100.70703 SETT. 04/05 DUE 04/012035 05.500% ZLITSEOCIND- ANGS 8 IJ 00 DO IJ 0987016110332 RN a 2005030858150300 8S IS CE 03108/05 10 at PREVIOUS SW. Ow Swam Saone. On Ono Morow0 Caw Wet Nmy vat 1120W/1St FINANCIAL TRUST CO INC STATEMENT POI100 70A1 1.2006 TRPOUON Aoci 29.2005 ACCOUNT NURSER um TAXPAYER 00-PAIER LAST STATEMENT Moro 31.2005 Dun MAWR CRUM mourn 19.706.250.00 39,100,000.00 48.699.218.75 5.006.640.63 1013281.25 10.070.703.13 027 040006:1114 CO1 1201 EFTA01260477 0 -n C in r ELITSEOCIN9- ANGS I8 IJ IJ 0o BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Bear, Steams & Co. Inc. 383 Madison Ronne New / Y 10179 12 an Transaction Detail (continued) STATOMWr Ptio00 An 1. 2005 TH110004 4.-1 29.2005 ACCOUla MUNN TAVPAYER maw On Re INVESTMENT ACTIVITY (continued) tAIrT STAID.? WO 31. 2005 untEmOn 11140E DATE co% PAHIACTM ocsauPTICAT Matt/CUSP CHmairy macc Dun MOW CRUZ MCS 04/13/05 03)09416 CANCEL SELL WM 30YR GTD 5A82291 15.000.000 100.28125 15.042.187.50 SETT. OND5 011E 04/01/2035 05.500% 0987797115332 REF • 2005030957390000 SS AS OF 0309105 TO OIL PREVIOUS SW. 04/1105 0309/05 CANCEL. Sal. FNMA 30YR GTD 5AB2291 20000.030 100.34766 20.069.531.25 SOT. 04/05 WE 0401/2035 05.500% 0987135514332 REF • 2005030957280000 BS 03/09/05 AS Of TO CIO. PREVIOUS SELL 04/13/05 03)29.06 BOUGHT MIA 30W GTD 5A82291 20000.000 101.48438 20296.975.00 SER. 0405 04/01R035 05.500% 0987135514332 REF • 2005032957130000 BS AS OF 03/2005 04/1305 03/3005 BOUGHT FNMA 30YR GTD 5482291 3.5.000.000 99.81250 34.934.375.00 SETT. 04/05 DUE 0401/2015 05.500% 0987031317099 REF Ar 2005033057390000 8$ 04/1306 03/1405 CANCEL BUT FNMA 30YR GTD SETT. 04•75 SA62291 .5.030.000 100132131 5.006.640.63 DUE 0401/2035 05.500% 0987280211332 REF e 2D:6031457290030 BS AS of 03/14/05 TO CXL PREVIOUS BUY 04/1310$ 03/16/06 CANCEL MN nom ion cm 5A92291 -5.000400 100.26563 6.013.281,26 SETT. 04/05 Du 098E oval do 13ss32 05eco% 702101 REF • 2005031657240000 85 AS OF 03/16.05 TO 01 PREVIOUS BUY =veto ria0V014 NnOLLY a* to SUBSOKRY Bs. Sun Secuta. Corp Orr vecroleu, Caul NoT trail" Nem vat 11201.3e59 FINANCIAL TRUST CO INC 024 040003:1124 001 EFTA01260478 omkso Imam. RS VRCLLY CYMLO SUMMARY BEAR STEARNS OFFICE SF_RVICIVG YOUR ACCOUNT Bear. Steam 8 Co. Pt 383 Madison Avenue New York. New York 10179 13 :e Transaction Detail (continued) INVESTMENT ACTIVITY iccetOuedi SIITLDiert 11ROS /Art a1L TRuGAMCW 04/13/05 03/08405 SOLD 04/13/06 030905 SOID -n 0411306 03/0905 SOLD C in 0411105 03/29/05 CANCEL BUT r 04/13/05 03/3005 CANCEL BUY 04/1195 imams CANCEL SELL PLITS£00- 019- ANCIS 8 b.) 00 3O IJ OISCRPT311 NOM 3018610 SETT. 04105 DUE 04/01/2035 05000% 0987016110332 REF 12005030858150000 EIS FNMA 30YR GTD SETT. 0405 04/01/20353 0098779711 206.500% REF a 2005030957390000 BS FNMA 30YR GM SETT. 04/06 DUE 0401/2035 05.500% 0987135514332 REF • 2005030857280000 BS FNMA 30YR GM SETT. 0035 CUE 04/01/2035 05.500% 0987115514332 REF • 2005032957130000 BS AS OF 0309205 tO Ckl PREVIOUS BUY FNMA amli GTO SET/. 01/05 DUE 04/01/2035 06.500% 0987031317099 REF 0 2005013057390200 BS AS OF 03/30/05 TO CXL PREVIOUS BUY FNMIJCIVRIFNIANGID SETT.O4/O5 CUE 04/01/2035 00005% 0987135514332 REF 0 2005032957090003 BS AS OF 0307905 TO CIL PREVIOUS SELL Mr SNITS Seturties COP GIAPaXech Cent Ian Nem RA 11201.160 FINANCIAL TRUST CO INC STATEYERT PER/CO Asti 1.200$ ThROL1O,1 AO 29. 2005 ACO3LIC WARIER TAXPAYER RAW On Re LAST STATWENT March 31.2005 Med/CUSP Oman OM WOW CAM sheaf Me2291 .10.000.000 100.70703 10.070.703.13 SA82291 45.000.000 100.28125 15.042.187 .50 5.082291 -20000.000 10004766 20.089.631 .25 5A82291 .20.000000 101.48438 20.296.875.00 SA82291 .15.000.000 99,81250 34,934,375.00 5.082357 20,000.000 101.71875 20.343.750.00 027 0400/36:1114 001 WY EFTA01260479 BEAR STEARNS OFFICE SERVICING MP ACCOuNT Sew Steams I. Co. Inc. 383 Madison Avenue ass 10179 14 337 Transaction Detail (continued) INVESTMENT ACTIVITY (coca:log(0 Strrwanrt 1010E ow run mustmed 04/13/05 03/3005 CANCEL SW. 0 04713/05 04/01395 BOUGHT -n C rn 040305 04/07/05 SOUGHT 040105 012905 SOLD r 04713/05 030005 SOW 04/1105 04/06/05 CANCEL BUY SLITS£00- 019- ANGS I8 IJ IJ 00 01 CLEARED 11410314 as VTIAJNY 01.03 SUSSOARY Ikar. SRA,/ Swabs Carp. O,e Uteteech Cane hoy/T ETTNA Orr tilt/Pi-35SO FINANCIAL TRUST CO INC STAN/WENT PERICO Nell 1.2005 meoupt Apt 29. 2005 ACCOUNT MASER TAXPAYER Na.,, On Fie Lan stosavar Marta 31. 2005 cocarmota SPRICOCUSP OIRATIN 140E DNB AMOUNT FNIAA-30YRITN34400 5/92357 20.000.000 101.92199 20.384.375.00 SET1.04705 DUE 04/01/2035 06000% 0987797115332 REF 0 2035033057150000 BS AS OF 03/3006 TO CXL PROMOS SELL FNIMPOYR(FNIANGTD SETT.04/05 CUE opotrzoss %sax 0997280211332 REF 0 2005040657500:00 .04/05 F141.6%3CMTPMANOTD SER DUE 04.01/2035 06.000% 0967260211332 REF * 2005040757250000 Flaw30YRITTIMA1G1D 5ETT.04705 DUE 04/01/2035 06.000% 0987135514332 REF *2005032957090000 MAA-30YRIFNIAA)GTD SETT.04/05 WE 04/0172015 06.000% 0987797115332 REF • 2085033057150000 FNIM-30YRONTANGTD SETT.04/05 DUE 0401/2035 06.000% 09972130211332 REF • 2005040657500000 AS Of 04/0605 TO CO. FREW:VS BUY OARDIT a/OWN 9.82357 20.000.000 102.45313 20.490.625 .00 EIS SA82357 20.000.000 102.64063 2052%125.03 85 5032357 -20.000.000 101.71875 20.343.750.00 BS 5/82357 4 13.1330.003 101.92189 93.394.375 .00 85 5/82357 40000.030 102.45313 20.490.625.00 85 927 0030/06:1134 031 WIT EFTA01260480 °JARED Iwo:arm ITS WIIRLY Ome Sue&Carr ril 8 b.) IJ 00 00 BBNIZ STffiRNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Merhon Menus New Tork, New York 10179 15 • t, Transaction Detail (continued) INVESTMENT ACTIVITY (confirmed) WILIAM ~X OAT( OAR 04,13.1,5 0407/05 CANCEL BIN 0 OMI3,05 04/1205 IMIGHT 1 1 04/16105 03/29635 BOUGHT in 04/18105 03/2906 CANCEL BUY r 04/1305 03/1505 CANCEL SELL 04/18.05 03/14/05 BOUGSff 9LITS£00- IA19- ANGS FF844.30YRLF1•0010 SETT.04/05 DUE 0401/203.5 08.000% 0987280211332 REF • 2005040757250000 85 AS 01 0407/05 TO CXL PREVIOUS BOT uNrrEo STATES TREASURY NOTE DUE 03/31/2007 03.750% PAS 31 0988016192099 MI) 3,695 % TO WARM OVER REF * 01021009 AL FILM 30YR GTD SETT. 0405 CUE 04/010035 05.500% 0987135514332 REF 12005032957130000 BS ENN 30YR GTD SETT. 04/05 DUE 04010035 05.500% 0987135514332 REF es 2005032957130000 BS AS OF 07/29/05 TO CXL PREVIOUS BUY F/AMISTR(ISMA-15)011) SETTS:W(0 DUE 04/01/2020 04.500% 09037135514132 REF S 2005031557250000 OS AS OF OW SOS TO CIO. PREVIOUS SELL FMM.15YRITTIMA.150TD sen.avos CUE 04/01/2020 04,500% 0987230211332 RU *2005031457040003 BS bat. S'en ~es coa Cre ~each Carat 1~ * eat" New v0. 112013859 FINANCIAL TRUST CO INC smmerr v[ø00 AM 1.2035 TnaCtIGm /01 29.2005 ACCON4* mvidea ~ ER n1.0011 On Me LIST S7ATT WPC mans 31. 2005 SIIMOLORIO OU/NMY PRIDE Me AVOW cmon A5101,10 5482357 -20,C00.000 102.84083 20.528.125 .00 912828000 20. 00.000 100.10158 20.020.312.50 ACCR.M. 26.639.34 5032291 20000000 101.48438 20.296.875.00 SA82291 -20.000. 101.48438 20298275 .00 5032386 20000.000 97.74219 19,548,437.50 5482368 20000000 97.77344 19.554.687.50 on ou30106:1124 001 V07? EFTA01260481 698aZOO-Vin BEAR STEARNS Cf FICE SERVICING YOUR ACCOUNT Bear. Steams ft Co. Inc. 383 Madison Avenue Y 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SITTIDAMT TRAOI bAlt DAM TRAMACTON 00845 03/0966 CANCEL SELL 0 m 04/1845 03/0845 BOUGHT cim 04/18/05 03/1545 $010 04/18/06 03/1406 CANCEL BUY H OUTBIDS 03/09/05 SOW r 04/10/05 03/0605 CANCEL BUY LLITS£00 IA1D ANDS OtSCRIPTICIN FRINuivrn(F1644-15)810 SETT.04/05 DUE 0401/2020 04.500% 0987016110332 REF * 2005030957590000 8$ AS OF 03/09/05 7001 PREVIOUS SELL FNMA-1561(17644.15)GTO SETT.04/05 DUE 04/01/2020 04.500% 0987280211332 REF ♦ 2005030857680000 BS TNIAA-15YRFNIEM15)010 SETT.04/05 OUE 01/01/2020 04.500% 0987135514332 REF* 2005031557250000 FIS FAMA-15YR(1161615)6113 SETT.04/05 DUE 04/01/2020 04.500% 0987280211332 REF • 2005031457040000 B$ AS OF 03/1445 TO C6 PREVIOUS BUY FNIM-15YR(F1616INGTO SETT-0405 DUE 04/0112020 04.507% 0987016110332 REF C 2005030957590000 BS FNIAROSTR(MPAA-15)GTO SETT.04/05 DUE 0441/2020 04.500% 0987280211332 REF C 2005030857662000 B$ AS Of 03/0605 TOO1 PREVIOUS BUY CAEAREO netouce ITS vA.C.u.v CANNED SueSOWATI Dew. Simis Seat Co. Cre *meth Comm Mare, FINANCIAL TRUST CO PC STATE:KAT RETe00 April 1.2005 TuR000.4 AFL"! 29.2005 ✓OYM Nutilstx TAXPAYER inseirR Oa Me LAST STATE...EV Myth 31.2005 SWAIOUCUSIP Garr( PRIPX 01W MOM own WPM 5A82366 20.000,000 97.95313 19.590.625.00 6492366 20.000.000 98.54603 19.709.376.00 5.122346 -20.006000 97.74219 19,548.437 60 SA82386 -20030.000 97.77344 19.554.687.50 6A82366 40600020 97.96313 19.590.625.00 5482366 -20.000.000 118.64699 19.709.375.00 04/3006:1124 OCR Vill EFTA01260482 En I8 b.) IJ so 00 --J O ii C in r 8LITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue Now York New York 10179 170. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) M csetn n*Ou0m RS \WOOLLY Cffile.1) antsman Ber. Steam Scants. Cap. Coe I.Muciach Grow Neon Orot*Ln. kw Y0.1 11201.31159 MINIM FINANCIAL TRUST CO MC far KAM API 1.200S NAM% Lel 29.2005 AC420001 MAIM TNOWeeR Wide% On ne LAST STAMW WEN 31.2006 1201.0400 l'.a Mn an nuamcnow 04303PTION SIL4024124.61 omen NCI Mil MONT 04118105 03129115 BOUGHT FNIA‘15YR(F7B40175)010 5032462 20.000.000 101.48438 20296.875.00 SETT.04/05 DUE 04/01/2020 05.500% 0987135514332 REF IP 2005032957130030 BS AS OF 03/21805 OBOE %CUNT 04118105 03/30/05 SOUGHT MILL.15%101450015)G11) SEEL04/05 DUE 04/01/2020 05.500% 0987797115332 REFS 2005013067110000 BS 5482462 20.000.000 101.64063 20.328.125.00 0411 805 04/05405 CANCEL SELL 08444 SYR07044.15)GTD SL17.04105 DUE 04/01/2020 05.500% 09672130211332 REF r 2005040657540000 BS AS OF 000305 70 (3CL PREMUS SELL SA82462 20.000100 102.06250 20.412.500.00 04/18,05 04/07/05 CANCEL SELL F7044.15YRONIA4.15)003 SE11.04/05 CUE 04/01/2020 05.500% 0987280211332 REF S 2035040757210000 BS AS OF 04/07/05 roar PREVIOUS SELL SA82482 2o.on000 102.17188 20.434.376.00 04/18/06 03/2906 CANCEL BUY 04144-1SYR(RaM-15)GTD SETT.04/05 DUE 04131/2020 05.600% 0987135514332 REF 41 2005032957130300 PS Of 03/29105 70 (IL PREVIOUS MN es 6.412462 40400.600 101.45418 20.296.875.00 WINDS 03/30/05 CANCEL BUY Fro44.15709044.151G1D S17104/05 CUE 0401/2020 05.503% 0987797115332 RU a 2105033057110000 BS AS OF 013005 TO CXL PREVCUS BUY 5482462 -20.000.000 101.64661 20.325.125.00 027 44,7105.1I 24 OCII VIII77 EFTA01260483 rn 8 IJ 00 ,19 -3 BEAR STEARNS OFFICE SERVICIVG YOUR ACCOUNT Beat. Stewed & CO. Inc. 383 PAIN:Dr Avenue New Vat, New Yak 10179 18 on) Transaction Detail (continued) INVESTMENT ACTIVITY (callnued) StInDion Mal DATE 041E amisAcnOt 04/18,05 04/06/05 SOLD 0 04/18/05 04007/05 SOLO -n 04118.05 04/15/05 BOUGHT C rn 04/1005 OM WO5 SOW 04/50/05 04/18/06 BOUGgT r 04/22/05 04/21/05 SOLD 04/25/05 PRROPM. 6LITS£00- 0/9- ANGS FNMA-151REINTAA.15)GTD SETT.04.05 DUE 04/01/2020 11332 06.500% 09872802 REF 0 2005040657540000 BS FASt4.151R6NIA4-151GID SETT.04/05 c4x 04/01/2020 05.500% 0987280211332 REF • 2006040757290000 ES UNITED STATES TREASURY NOTE DUE 02/15/201TRUCT 5 04ION .000% S FA 15 SPECIAL INS YIELD 4,286 %TOMAIIIRTIY OVER RU 0 01053517 A3 1VWEB UNITED STATES TREASURY NOTE DUE 02/15/2015 04000% FA 15 0988027495099 YIELD 4,244 %10 wouRrrt GVER Rd 0 01081006 Al FUCK NATIONAL MTG ISSN SERIES 352 CIASS 1 CUE 07/01/2034 00,001% 0987000510332 REF • 2005041857040000 85 UNITED STATES TREASURY NOTE DUE 02/15/2015 01.000% FA 15 0986280293099 YIELD 4_ 298 %TO MATURITY OVER REF • 01111026 Al FEDERAL NATCIML MTG ASSN SERIES 329 CUSS PO DUE 0101/33 STRP PRP) RA) 03-05 P/D 04-25.06 REPO P 61 0.0= CLAP= THPICUCIn CPS tetiCietv CiATED SUMMARY OW. Stem SeCultets Cap. One I.PepeteCh Cruz Perth eavr, wed vree 11201.1959 FINANCIAL TRUST CO INC STATEMENT PIRKO Ap1l 1.2005 nwowan ANII 29.2005 ACCOLKT Name TAXIMYER Ntateell On FIR LMT Ammon Meech 31.2005 511MOucusiv Gumany Pact men mourn tam wawa 5.482452 .20.000.000 102,06250 20.412.500.00 5682482 -20.000.003 102.17188 20.434,375 ,00 9128280619 5.00,000 97,71875 4.885.937.50 ACCR. INT, 34.25404 91282801.49 .15.003,000 98.05469 14,708.203 .13 ACCR. M. 104.419.85 3136FCKC9 20.311.170 78.68750 15,982,352.30 91282884/9 -10.000.000 97,62500 9,752,500.00 ACCR. WT. 72,928.18 3135FAWE6 405.707,10 927 ousIONII:24 Doi WTI EFTA01260484 CLEME0 11000.13.4 MOLLY 0110•0 SUSSACtAfre rn 8 IJ IJ —J 1.0 0 -n C rn z r OSTTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Seed. Steams & Co. Inc. 383 S•tackson Avenue iimis k 10179 19 a vr Transaction Detail (continued) INVESTMENT ACTIVITY (continued) UrrunMn omt 04/2905 PRNEWAL TRADE OISCMP11011 FEDERAL NATIONAL MTG ASSN SERIES 329 CLASS PO CUE 0101/33 STRP PRP/ WO 03-05 PA) 04.2505 REPO P & I 0.0000 snaroLcus• 3136FAWE6 01111111Y OWE lbw $1•4rns100,00$ Cap Ow 11•00both C— Wm Or001410. New York 11201.1$59 FINANCIAL TRUST CO INC STATSIMICt lit1=0 Al 1.2005 TnAOWk Apra 29.2005 setorra human TAxPietta mal0HI On Re LAITY samara LW. 31.2006 DEW *AVM CNN S 418.69474 04/25/05 PRINCPAL FEDERAL NATIONAL NIG ASSN SERIES 200349 CLASS SW 4,150 DUE 01/2503 PRINCIPAL REDUCTN 04-25-05 31393C2C6 442,965 002905 PRINWAL FEDERAL NATIONAL MTG /491 DUE 11/01/33 SERIES 346 LASS 1 ARM WO 03-05 P/D 044505 REPO P & I 0.094) 3136,909 04/25/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS 1 DUE 11/01/33 PRP RID 0305 PM 0445-05 REPO P I 0.0000 3I36FC8C9 16.92027 38.860.83 04/25/05 PRPICPAL FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS I DUE 1101/33 PRIN RFD 03-05 913 0445-05 REPO P I 0.0000 3136FC8C9 130,15500 04/2805 0447/05 BOUGHT UNITED STATES TREMURY NOTE DUE 03/31/2007 03.750% MS 31 SPECIAL MSTRUCTIONS YIELD 3,596%10 IMTUMTY GVER REF re 61173441 A3 YAWS 912929000 10000.003 10428125 a INT. 10.028.125.00 28.688.52 04/29/05 04/28/05 BOUGHT LIMED STATES TREASURY NOTE DUE 02/192015 04.000% FA 15 0988280293099 YIELD 4.152 % TO IMTURIM GVER REF • G1181014 Al 9128280MP 10.000.000 90.78123 ACCR. NT. 9.878.125.00 (0.662.99 Or/ 01/30016:1124 001 MP/ EFTA01260485 rn I8 IJ p.2 00 0 TZ T I 5 m r ISITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue 10179 20 d n Transaction Detail (continued) INVESTMENT ACTIVITY (continued) CLEARED noctropi RS WM& ET MUDD stectotury Bear Stains SecuiliTS Cap. Ono Monad, Una. rextr. WA Tot 201.10S) FINANCIAL TRUST CO INC STATEMENT PERIOD Arl 1. 2005 DERCEJOM Ay, 29.24405 ACCOUTET TAAIPEAR manta .MASER On Flo LMT trAnnairr larch 31.2035 Maitfit TRADE DATE DATE TRAMACDCW °ESCAPEE* SYMODUCLISIP OuNAITT ERCE cm new OttOri AVOLut 04(29505 04/28/05 !MGM UNITED STATES MECUM NOTE DUE 03/31/2007 03.750% LC 0988016192099 YIELD 3.585 %111) MATURITY GuIR REF Y G1181005 Al 912828000 31 50.000.000 100.30078 ACCR. INT. 50,150,390.63 148.585.57 TOTAL S-416.802,404.41 Stt2.470.259.70 INTEREST DATE OCSCMPTIN SYwiaJCUSP QUM,' RATE 011 CENT MEOW CCM NOM V077 04401/05 AVG BAL 528.74ORT 1.920 021 017CE INTEREST 0305 04/15/05 FEDI NYC LOAN MEG CORP•PS10109 SERFS 227 CLASS 10 DUE 12,01/2034 5. NT RID 03-05 PA)04.15 000 -05 REPO P & I 5.0300 04/15/05 MX HOIAE LOAN MEG CORPs$10109 SERIES 227 CLASS 10 DUE 12/01/2034 5.000 INT RID 03-05 FM) 04.15-05 REPO P& I 5.0000 04/15/05 FEDI NOME LOAN MEG CORINK10110 SEWS 228 CLASS 10 DUE 02/01/2036 6.000 R/D 03-05 PAW-15-05 REPO P & I 6.0000 04/15/05 Ma HOME LOAN MEG CCRP•510110 SERIES 228 CUSS 10 DUE 02/01/2035 6.000 NT R/D 03-05 AD 04-15-05 REPO P & I 6.0000 31282VDN6 31282YDN6 3128211:411 312827DP1 50000 6.0030 6.0000 6.0000 027 04230011124 001 874.20 34.736,63 46,996.61 48.776.06 49.776.06 EFTA01260486 ITT IS b.) IJ 00 oc —J 0 -n C rn r ZSITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Manua New Yolc New Yak 10179 21 0, Transaction Detail (continued) INTEREST (continued) OM CESCRIPTODI 04/15/05 PDX NOME LOAN 1MG C,CaprS i D110 SERIES 228 C1145510 DUE 02/D1/2035 6.000 INT P.43 0.3.0S PM 04.15-05 REPO P 61 6.0000 04/15.05 FIDE HOLE LOAN RIG C015.0510110 SERIES 228 PASS 10 DUE 02/01/2035 6.000 NTEREST PAYMENT 04-1505 04/20,05 GOvERNAWN NATIONAL MEG ASSN SERIES 2014-5 CLASS PS DUE 02020/2033 4.100 INT RIO 0105 P/D 04.2005 REPO P & I 4.1000 04/20/05 GOvERINIENT NATIONAL MEG ASSN San 2004-5 CLASS PS DUE 02/20/2033 4.100 NT RFD 03.05 RO 04.20-05 REPO P & I 4.1000 0412005 GOVERNMENT NATIONAL INTO ASSN SERIFS 2004.5 CLASS PS DUE 02/20/2033 4.100 NT RID 03-06 P1004.20-05 REPOP &I 41000 04/25/05 FANME WE GAO/SERFS 200113 S RCR-143 FIER DUE 03/25/2013 5.150 INT Re 03.05 P/D 04-25-06 REPO P & I 5.1500 04/2905 FEDERAL NATIONAL 1.00 ASSN SERIES 2003-49 CUSS SW DUE 01/25/2033 4.150 MEREST PAYMENT 04-25-05 CillaID non. n wny csorco IMPSUAlre Ow. Sin Sneer 0 Ore Weno, On Nth 11201.3654 FINANCIAL TRUST CO INC STATIEnt PEC000 April 1. 2005 TinOm WI 29.2005 Kent int nAnit mime, On tile LAST 51Antatia Math 31.2005 SYPSOLCUSP GUMMY SATE I% OEM MOM MDR Aitlira 31282W:01 6.0000 48.776.08 312821DPI 6.0300 48.776.08 383748087 4.1003 14,691.67 363748067 4.1000 60.133.33 383741067 4.1000 75409.11 31392/01(2 5.1500 113415.89 31393C201 4.1500 46.088,05 CCP O4 &1104 ON All EFTA01260487 0 z m C m z H r E8TTSEOCIAID- ANGS I8 IJ IJ OC OC /.// BEAR STEARNS OFFICE SERMONG YOUR ACCOUNT Beat. Stearns 8 Co. Ire. 383 Madison Avenue • Ork 10179 12 Transaction Detail (continued) INTEREST (contrium) OAR OESCRIPMN 04/25/05 FEDERAL NATIONAL MTG ASSN SERIES 353 CUSS 2 Dom 07/010034 5.00) Ft/D 03-05 PO 04.25.05 REPO P 5 I 5.0000 TOTAL CWAS.0 OW/Cm IS Taal QY\£ S./ worn Mr. Sitahu Swan Cae9 ciyy uyedyth C*tw Taw to 11701.1859 FINANCIAL TRUST CO INC STATTACHT PIRO.) AO 1.2005 Threctrar Apra 7.2001 ACCOUNT waft a TA1PAYM PNAJOEN LAST STATE:We !larch 31. 2C05 OUNITITI MN (%I 91tlf ARCurit triton MOEN/ , irC104 5.0000 79.179.47 5646.82143 REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear, StearnS& Co.Inc. SETT/DAM MIT TIUM ramE TEMSACT/71 0110071191 mmeoLCPAIP Comm OBIT MOS4T Moo n.o,a 04/01,126 DELIVERED UNITED STASES TREASURY NOTE 12/31 E/2006201/03 3.000 DUE 00 9128280f4 -50.030.000 49.875.030 .00 3.0 CU 1 HEM F0800899 A2 TEAM RESALE AGREEMENT 0401/05 RECEIVED uraTED STATES TREASURY NOTE 912828003 80.000.000 8D.000030.00 DUE 03/31/2007 3.750 3.750 DUE 03/31/07 FITIA F0910 7 RESALE AGREEMENT' 0491/05 INTEREST uNDED STATES TREASURY NOTE DUE 17/31/2006 3.000 912828DF4 37.752,80 FM F0603899 A2 RESALE MEREST 0404/05 JOURNAL FEDERAL NATIONAL MG ASSN 3136FC8C9 677.782 SERIES 346 CLASS 1 DuE 11/01/33 mm F0873354 A2 TERM REPO AGREELENT 0004105 JOURNAL FEDERAL EAMON. MTG ASSN SERFS 346 CUSS 1 313/10809 -877,782 473.000.00 DUE 11/01/33 FDA F0943341 Al REPO AGREEMENT 027 04/3005:1124 ap1 1977 EFTA01260488 GUAM *ROUGH ITS »CU. OveeD SullSOWly En 8 IJ --J 0 -n in r P8IISE00- lA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCCunn Bear. &earns t. Co. Inc. 363 medison ~Rue 10179 23 rr Transaction Detail (continued) Mt Sierra Seculit Cara. Cot Meracch livele Nn Lvaser. W. Tat 112014519 UWE GOING STATEMENT PER+00 AD-L 1. 2005 THRouGm Aril 29. 2005 Accevc WAGER TAXPAYISC ~ER OS Fie REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (CODLiDU410) LAST STATZ merit March 31.2005 1L1Ø MAP PAIL DAZE IIMICSAC11011 DUOIIPI1CM 04408105 JOURNAL FEDERAL MEOW. 1414 ASSN SERIES 346 CLASS 1 DUE 11101133 FDM F0803161 A2 TERM REPO AGREEMENT 04~06 JOURNAL FEDERAL NADDNAL MEG ASSN SERIES 346 CLASS 1 DUE 11/01/33 RDA F0983224 Al REPO AGREEMENT 04/08105 JOURNAL FEDERAL ALAITONN. AUG ASSN SERIES 346 CUSS 1 WE 11/01/33 ARM F0983226 Al REPO AGREEMENT 0410895 JOURNAL UNITED STATES TREASURY NOTE MA F0810394 A2 4.000 DUE 0211 5115 TERM REPO AGREE1AENT 0~1/05 JOURNAL WEED STATES TREASURE NOTE FnM /0981088 Al 4.000 CUt 02/11,15 REPO AGREEMENT 04108106 MEREST UNITED STATES TREASURY NOTE CUE 02,15/2015 &COO FM F0810394 A2 REPO INTEREST 04/11/06 JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 329 CUSS PO CUE 01/01/33 STRIP FITM F1013193 Al REPO AGREEMENT 5-TWOOLCuSa. Ø man Mean CREW MOUNT 313ESC8C9 1417.805 3136FEJ3C9 -1.0191333 3136FCBC9 428,471 297.000.00 91282801.4? 30.000.030 28.000.000.00 912828DM9 -70.000.000 67450.000.00 9128280/19 22.200.03 3136FAWEIS -15.359.406 10.583.000.00 Or/ OCIOOlc1124 COI veTT EFTA01260489 0 -n C rn z r SSITS£00-019-ANGS I8 b.) 1.2 00 --J --1 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Steams b Co. Inc. 383 Macbon Avenue New Yak. New Tat 10179 24 c4 3? Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SE1110.41213 MIX DAR BATE 1RAMA01011 DESCRPTION SYM00.02.1P 1111ANTEV DOW MOUNT 00 1J05 JOURNAL FEDERAL NADONAL MTG ISSN 3136FAMS 15.359.406 10.583.000.00 SUES 329 CLASS PO CUE 01/01/33 STRIP SUM 11013193 A2 REPO AGREEMDH 04/11/05 JOURNAL FEDERAL NATICMAL MIG ASSN SERIES 329 CLASS PO DUE 01/01/33 STRIP EOM 11013193 A3 REPO AGREEMENT CLEAN, 13.Ra.Cim rts AWAIT CATT.E0 St.. STpreT Se0sPas Co littrokyn Cava NonA Reg 11201.3059 FINANCIAL TRUST CO INC EATERENT Pcre00 Apnl 1. 2005 11.00003. Apil 29. 2005 ACCOLITT Nuuetri TAXPAYER MAWR C.1 FW LAST STATEMPR 1032313 31,2005 519ECIT AMOUR 3136MWE6 -15.359.808 10.583.000.00 04/11/06 JOURNAL FEDERAL NAICMAL MFG ASSN SERFS 329 CUSS PO DUE 01,01/33 STRIP FIDA 10133284 Ai TERM REPO AGREEMENT 3136FAVIE6 15.359.406 11,902,000.00 04111/05 JOURNAL FEDERAL NATIONAL WIG ASSN 313SFC9C9 1.069.333 SERFS 346 CUSS 1 DUE 11/01/33 FRIA F0903224 A2 TERM REPO AGREEMENT 04/1 1/05 JOURILN, FEDERAL NATIONAL WC ASSN 3136R8C9 428.471 297.00000 SERIES 346 CLASS 1 DUE 11/01/33 FIN 10983226 AZ TERM REPO AGREEMENT 04/11/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FC8C9 5.083.557 3.808.000.00 SERIES 348 CLASS 1 DUE 11111/33 FRM 10733338 Al TERM REPO AGREEMENT 0411/05 JOURNAL FEDERAL NATIONAL IMO ASSN 31313110803 4.601.382 4,553,000.00 SERIES 346 CUSS 1 DUE 11/01/33 Frt/A F1013195 Al REPO AGREEMENT 027 044004.11:24 001 Yin EFTA01260490 0 -n rn r 98ITS£00-019-ANGS BEAR STMRNS OFF/CE SERVICING YOUR ACCOUNT Mac Steams & Co. Inc. 383 MadImo Avenue New York. New Yak 10179 25 M11 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (centrum* SUMMER, OM TR DATE AM mANSACION CtSCRIPICN 04411/05 JOURNAL GOVERNMENT NATIONAL MTG ASSN SUES 20044 CLASS PS 4.100 DUE 02/20/33 FILM 11013191 Al REPO AGREEMENT 04/11/05 JOURNAL GOVERNMENT NATIONAL WC ASSN SERIES 2004-5 CLASS PS 4.100 WE 02f20/33 DMA F0133269 AZ TERM REPO AGREEMENT 04/11/06 JOURNAL FEU HONE LOAN MTG CORP4110109 SERIES 227 CUSS 10 5.000 DUE 12/0144 RDA F0823314 A2 TERM REPO AGREEMENT 04/11/05 JOURNAL Mt HOME WAN MI6 CO03.510109 SUES 227 CLASS 10 5.000 CUE 1201/34 NW 11013201 Al REPO AGREE...MT 04411/06 JOURNAL FEU HOME LOAN 1.416 CORDPS10100 SERIES 227 CLASS /0 5.000 DUE 12401/34 WM F1013199 Al Rut AGREEMENT 0441145 JOURNAL RU NOME LOAN MI6 CORP/1510110 SERIES 228 CUSS 10 6.000 DUE 0201/35 ATM F1013189 Al REPO AGAWAM' 04/11/06 JOURNAL FEU NOME LOIN MTGCORPOS10110 SERIES 228 CLASS") 6.000 DUE 02/01/35 FILM F0813166 A2 TERM REK,AT.DFFMENT MIMEO THR01.014 NS %MOLL OVAtlf WI. Stare Soarien Cap. IN histuoth Wee Rath Ms Tel 112014859 FINANCIAL TRUST CO INC STAMEN' PEAKO April 1.2005 T oN Apill 29.2005 Sea016151P mem DORI MOM A00.04,41 MAUER TWAYER NIJIMEA On Ft uksT sTArtwo/T MVO, 31.2006 CREW AMOUR 38374F067 -22.100.030 2.142.000.00 38374/087 22.100.000 2.601.000.00 31282YON6 11.113.178 3128200N6 4309.622 31262VON6 4)353.556 1.143.000.00 31202Y0P1 4.419.606 1.965.000.03 312821tri 9.419.608 2.018.000.00 Ett7 04006011:24 001 VIE? EFTA01260491 In I8 IJ IJ —J 0 z r LSITS£00- IA19- ÅNGS BUR STEARNS OMFE( SERVICING YOUR ArnouNT Begir. Szeams 6 Co. Inc. 383 Madison Avenue ailliffir 10179 26 or 3, Transaction Detail (confinued) REPURCHASEAND REVERSE REPURCHASETRANSACT1ONS (cordinuod) snus% TRIM GIE DATE IRAIRACTON OESCRII5101/ Stra0u044P 04/11105 INIEREST ITDERAL NATIONAL TAM ASSN 3136FAWE6 SD2ES 129 CLASS PO STRP DUE 01/01/2033 0.000 EIM F0133284 AZ REPO INTEREST 04411/06 LINEREST FEDERAL NATIC8ML UTGA.% 3136FC8C9 77.22 SERIES 346 CULSS 1 DUE 11/01/2033 0,000 FM 40983226 AZ REPO INTEREST 04/11/05 INTEREST FEDERAL NATIONAL MIG ASSN 3136PCBC9 8.474.79 SERES 346 GLASS 1 DUE 11/01/2033 0.000 TIDA F0733338 AL REPO MTEREST 04411105 awann, Dua ~al 83.208.20 CIFAPED 11440‘iiim RI NWµLY Ownk., SUISC5ARY lear Sara 5~ On. Co. ~Dr Caf /in brtot/r. 111.. bit 112014559 FINANCML TRUST CO INC STAMIEST MOD Apl 1.2005 riera)0/4 Am 28.2005 Wv - a ru/ryrt/k ~am On rik LAsT STAMILW LIfech 31.2005 C11011T 41.13001 VIEREST GOVERNMDD NANO« MM ASEN 383741067 M 18.183.88 SERIES 20044 CUMS PS C« 02/20/2033 4.100 EIDA F0133269 AZ REPO INTEREST 04,11105 P&IST FEER HOME LOAN MIG 001191510110 31282717P1 3.206.38 SERES 228 CLASS 10 DUE 02/0112035 6.000 FIN F0813168 AZ REPO INTEREST JOURNAL litt NOME UNN MTG CORP4M10109 312821%6 &309.622 SEINES 227 GASS 10 5.030 DUE 12251/34 FILM F1013201 A2 TERM REPO AGREEMENT JOURNAL ML RC« LOANAITG CORP•510109 3128211»16 -3.882.844 SERIES 227 CLASS P 5000 DUE 12/01/34 EMA F1033277 a Al REPO 04/13105 04413105 027 0~05.1114 001 5177 . ....... EFTA01260492 In I8 b.) IJ 00 O BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mnfr.on Avenue IIMMNPON~II 27 an Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TFtANSACT1ONS (coninued) SETTIALERT TUX DAR CAR TRANSACT:54 DESCREPTION svveCuCuLar ~aft 0013/05 JOURNAL TIDE HOME LON, MTG CORNIS10109 31282YON6 .2.426.7713 SERIES 227 CLASS 10 5.000 DUE 12)01/34 FITM F1033272 Al REPO AGREEMENT 04/13/06 RECENED UNRED STATES TREASURY NOTE 912828000 GOA:CO.0C° CUE 03/31/2007 3.750 3.750 DUE 03/31/07 -n REM F1030963 Al RESALE AGREEMENT 04/13,05 DELNERED UNITED STATES TREASURY NOTE 912828000 40.0~0 DUE 02/31/3007 3.750 3,750 DUE 03/31/07 FIIAI F0910697 AZ rn CAM 3105 MEREST TERM RESALE AGREEMENT UNTIED STATES TREASURY NOTE 912828000 DUE 03/3112007 3.750 MIA F0910697 A2 RESALE INTEREST 0414/05 JOURNAL FEDERAL RATIONAL WIG ASSN 313131CLD6 -18.763.230 SERFS 353 CLASS 2 5.000 DUE 07/01/34 MI F1043221 Al r 04/14)05 JOURNAL REPO AGREEMENT FEDERAL KATMAI MS ASSN 3136FCID6 18.763.230 SERIES 353 CLASS 2 5.000 DUE 07/01/34 FRIA F0893160 86 TERM REPO AGREEMENT 0414/06 MEREST FEDERAL NATTONAL MTG ASSN 3136FC106 SERIES 353 CLASS 2 881T5£00- lA19- ANGS CUE 07/01/2034 5.000 MI F0893160 86 REPO MEREST CLIJALD TriltOuGkt ITS ?MOLLY ~CD StiLSOW1, Be. &en Stanin Ø. 00. IMpTotiKS ~et ~II 15~ New Ot 20 5 FINANCIAL TRUST CO INC STATEMENT P111520 Pal 1.2005 TIROUCH Ape2 29.2005 Iffiffil 450311.41 14Liatft i'MPAYert ....Metft vat *unveil Math 31.2006 KW ALCM =Al AMCOR 556.030.00 60.300.000.00 80.000.00000 66.555.56 3.500000.03 4.429.00000 5.628.52 027 01/3005c1124 001 a?? EFTA01260493 rn 8 b.) 1.2 00 *S. 00 0 0 E I C in r 68TTS£00- 019- ANGS BEAR STEARNS OFFICE SCRAP% YOUR ACCOUNT Beat. Steams & Co. Inc. 383 MadSon Avenue rk 10179 28 of Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) CAUSED 11010L01 rs WACILY Onta0 37.03.1piAltY Om. Stamm Sr:07bn Cap. Cat lAnster.A Cad, 'lath OrpolIrk New ',Oft 11201.3559 FINANCIAL TRUST CO INC STATEuSST PEACO Api 1.2005 n740.047 NA 29.2005 ACCO.MT MAW TAAPAVER —S LAST SUMMIT latch 31.2005 SETTLBOT TRADE OATS OATt muisicToR OESOCIPI1ON SOMOUCUSP CILLTAITITY COST AIMS at MT MOUT/ 04/15/06 XXIIINAL FEDERAL NATIONAL WIG ASSN 3136FAWDS -15.850.794 11,174,000.00 SERIES 329 CLASS PO DUE 01/01/33 STRIP HIM FI053431 Cl REPO AGREEMENT wnstos JOURNAL FEDERAL NATIONAL IFTG ASSN 3136FAIVE6 15.850.794 11.249.000.00 SERIES 329 CLASS PO DUE 01/01/33 STRIP HIM T0753215 82 TERM REPO AGREEMENT 04/15/05 JOURNAL FEDERAL PuliONAL WIG ASSN 3136FIX06 18.763.230 3.500000 .00 SERFS 353 CUSS 2 5,030 DUE 07/01(34 FRIA F1043221 AZ TEAM REPO AGREEMENT 04/15/05 JOURNAL FEDERAL NATIONAL MFG ASSN 3136FE106 .18.76%230 4.211.033.00 SERIES 353 CLASS 2 5000 DUE 07/01/34 MA F1053431 At REPO AGREEMENT 04/15.05 JOURNAL FIDL HOME LOAN ING CO04,510110 3128211Ni .9.419.606 SERIES ttlE 22802/01/35 CLASS ID 6,000 FEW F1053472 Al REPO AGRE111/0/T 04/1905 JOURNAL FEDL NOME LOAN MFG CORDP510110 31282V0P1 9.410.606 100.CC0.03 SERIES 228 CLASS D 6.000 01/35 FIlM WE F010932/160 AT TERM REPO AGREEMENT 04/15/06 JOURNAL ME HOME IOW TATG CORP•510110 312B0DP1 9.419,606 1,955,030.03 SERIES 228 CUSS IO 6.000 DUE 02/01/35 rim FI013189 A2 TERM REPO AGREEMENT 017 04130/05:11.24 001 NT/ EFTA01260494 CLIARLO THROUGH as 1040Liy OWNED SUMMARY rn 8 b.) 110 00 00 00 I•L) 0 -n C in z r 06TTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Saar. Steams 8 Co. Inc. 383 Madsen Avenue New York, New Vat 10179 29 our Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASE TRANSACTIONS (centOutd) OW Stan C010 Ono MatttnA en Non A. Nes An 112014050 FINA NCIAL TRUST CO INC STATVAINT PN1000 AO 1.2005 Tntann Api 29.2003 COUNT µAMR TAAPAYEA Nunn' On FIN tan STATZWENT Minh 31.2005 =Wet 140E art OAR NONSACIION OISCRIMON SAIKILCUSIP ONVIMY MN/ AMOUAT CRLO1 AMCON1 5105 JOURNAL Mt NONE LOAN MTG CCANIS10110 31282YDP1 9.419.606 2.013.000.00 Sala 228 CUSS 0 6.000 DUE 02/01035 FEN F0753215 A2 TERM REPO AGREEMENT 04/15/05 !MUM FEDI HOME LOAN MTG COPPES10110 31282O01 .18.839.212 3.665.000.00 SERIES 228 CLASS 0 6.000 DUE 02/01/35 FRIA F105343181 REPO AGREEMENT MEREST FEDERAL NATIONAL MO ASSN 3136FAWE6 28.401.20 SERIES 329 CLASS P0 STRP DUE 01/002033 0.00D FRIA 10753215 8: REPO INTEREST MEREST FEDERAL NADDIMA. LOG ASSN 31360:1176 296.53 SERIES 353 CUSS 2 DUE 0101/2034 5.000 mu F1043221 AZ REPO INTEREST MEREST FEOL NOME LOAN LOG CORP4010110 31282YDP1 135.56 SIMS 228 CUSS 0 DUE 02A31/2035 6.000 FIIM F0893160 AZ REPO INTEREST MEREST FEDL HOME LOAN MEG CORPOS10110 3128211.1 679.91 SERE 226 CLASS 0 DUE 0201/2015 6.000 FITM F1013189 A2 REPO INTEREST MEREST FEDI. MIRE LOAN MIS CORPAS10110 31282YDP1 5,082.82 SERIES 228 CUSS 0 CUE 02/01/2035 6.000 FRIA F0753215 A2 REPO MEREST 04.05.05 04t15/05 0411505 0015/05 0411506 071 04901000114 ODl 5/977 EFTA01260495 rn 8 b.) 0.0 00 00 C)0 -n C rn r T6ITS£00-019-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 30 e Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 51190400 MOE CAN DATE IRFASIRTION CESCPANDOI 041605 JOURNAL UNITED STATES TREASURY NOTE MA F0981066 it2 4.000 DUE 02/15/15 TERM REPO AGREEMENT 04/18)06 JOURNAL LINED STATES TREASURY WEE EOM F1080552 Al 4.000 DUE 02/15/15 REPO AGREEMENT 00605 !MEREST MATEO STATES TREASURY NOTE Dix am snoi s 4.000 MA INTEREST F091310038 A.2 REPO 04/19.106 JOURNAL UNITED STATES TREASURY NOTE RDA F1050749 Al 4.000 DUE 02/15/15 REPO AGREEMENT 04/19/05 JOURNAL LIMED STATES TREASURY NOTE MA F1080552 A2 4.000 DUE 02/15f15 TEAM REPO AGREEMENT 04/19105 INTEREST UNTIED STATES TREASURY NOTE CUE 02/15/2015 4.000 MIA F10030552 A2 REPO INTEREST 04/20236 °ANAL FEDERAL NATICTIML MTG ASSN SERIES 352 CLASS 1 0.001 DUE 07/11/34 RDA F1103171 Al REPO AGREEMENT 04/20/05 JOURNAL FEDERAL NATIONAL AUG ASSN SEWS 352 CUSS 1 0.001 DUE 07/01134 FTTM F11O3171 A2 REPO AGREEMENT CAL/UND THAOJOn Rb vnaly 0000) SueSOPAY Sap. Sterns Stones Cap. Pareettch Pena Now e,o@q, WA Vol 11201-3551 FINANCIAL TRUST CO INC STATvArm, PAR100 AprA 1.2005 THROCCAl Apt 29. 2005 ACCOLIAT AMAIN TAYPAYEll NUMMI. OA Fie LAST STAPDApe 1A.WCh 31, 2005 3049300.69 Dwarf 0011 WOW CREW Al10.10 9120230M9 70. 00.000 67.550.000.00 9128280M9 45.003.000 74.062.500.00 9128280M9 32.949.39 9128280M9 40X00.003 59.100.000,00 9128280009 75.000.000 74.062.500.00 9128280819 822.92 3136TOtal 40,311.170 K539,000.00 3136FCICC9 20.311.170 14,539,030.00 on 0400106M44 091 1977 EFTA01260496 MUSED THROUGH RS %HOLLY Pee SOSSCWW O -n C rn z r Z6ITS£00-019-ANGS IJ rJ 00 00 .F- BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Bear. Steams b Co. Inc. 383 Madison Avenue New Yak. Now York 10179 31 ti Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) Siner4 Secufles Corp. Ore *grouch Grin N Proclaim Ht. vat 111.01.1109 FINANCIAL TRUST CO INC SYMIsient P0900 /..9.1 1,2005 THROLGH Apal 29. 2005 ACCOUM stNISER TmemPER ,w904 LAST STATIWNI match 31. 2005 SETIMMOR OM( MR ▪ • MMISCTION OESCRIPTCH SAMOUOS• OUMME, OHM MOHR GRIM MOW 04/20/05 JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 352 CLASS 1 0001_ CUE 07/01/34 FMA F1103171 A3 REPO AGREENDIT 31300(C9 .20.311,170 14,660.000,00 04/22/05 10UP/44. FEDI. KEE LOAM MG EORPOS10100 31292YDN6 -8.251.045 1.837.000.00 SERIES 227 CLASS 0 5.000 DUE 12/01/34 MIA F1123242 51 REPO AGREEMEM JOURNAL FEEL HOME LOAN ME CORPOS10109 31282YDN6 8.251.045 2,032,000.00 SERIES 227 CUSS 10 5,000 DUE 12/01/34 FILM 10623312 AZ TERM REPO AGREEMENT 04/2205 04/22/05 JOURNAL FOOL HOME 1.0.01 NM CORPAS10110 31282Y0P1 9419.805 SERIES 228 CLASS 0 6,000 DUE 02/0105 FMA F1053472 A2 TERM REPO AGREEMENT 04/2205 JOURNAL Fat NOME LOAN NOG CCOPeSiOn0 31282YDP1 4.593.724 SERIES 228 CLASS 10 9000 DUE 0201/35 FTFM 1112324 REPO AGREEMENT Al 04/22/05 JOURNAL FED( HOLE LOAN MG CORP•M0110 372.11210P1 .2.525.851 521000.00 SERIES 228 CLASS 0 5,000 DUE 0201/35 FILM F1123242 Al REPO AGREEMEM 04/2706 JOURNAL UNITED STATES TREASURY NOTE MU F1120858 Al 4.000 DUE 02/15/15 REPO AGREEMENT 04/22105 JOURNAL UNITED STATES TREASURY NOTE nne F1090749 A2 4.000 DUE 02/15/15 TERM REPO AGREEMENT 9128280119 -50.000030 49.062.500.00 9128280149 80.000000 59,100,000.00 037 04.009050124 001 q11 EFTA01260497 En I8 IJ IJ 00 00 00 0 -n in r E6ITS£00- 019- ANGS BEAR STEARNS OFFICE SERVICANG YOUR ACCOUNT Beat. Steven & Co. Inc. 3B3 Madison Avenue New York, New Wyk 10179 32 a 37 Transaction Detail (continued) 0-‘7379D 7147.0t43. r3 399C7.3:f 0073.190 SuSSCLAIre Sow Stan Staritos Cap. Cr* lietottp 0377.9 99111 3930,0r. Nay et 20 1(359 TRUST CO INC 99.9971977 PEFOCO April 1. 2005 TititC4:99 Aped 29. 2005 AP0CUPET PINUP TOIMYCA MAMA Cn Pie REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (Continued) LAST siereteirt Myth 31.2005 SETIMA(141 MAX OAK OAR nummacei or.SeRP1101 SYme0Xuste Mawr/ ow MOST CAEN MOW 04/22/05 WREST FEW. NOME LOAN MEG CORP4510109 31282YDN6 3,471.33 SERIES 227 CLASS 0 WE 12/01/2034 4000 REM F0823312 AZ REPO INTEREST 04/22/06 INTEREST WEED STATES TREASURY NOTE 9128280M9 7,633.75 DUE 02/15/2015 4.000 Fnm means n WO INTEREST 04/2510S JOURNAL GOVERNMENT NATIONAL MEG ASSN 38374FDB7 4.300.000 SERIES 20044 CLASS PS 3.960 DUE 0200/33 FITM F0883205 A2 TERM REPO AGREEMENT 04/2405 JOURNAL GOVERNMENT NATIONAL MTG ISSN 38374F087 -26.400.CCO SERIES 2004 5 CLASS PS 3.960 WE 022033 FILM F1153278 Al REPO AGREEMENT 04/25/05 JOURNAL GOVERN/ER NATIONAL MEG ASSN 38374F087 22105.000 2.142.000.00 SERIES 2004.5 CLASS PS 3,960 DUE 02/20/3 1 3 FII/A F101319 A2 TWA REPO AGREEMENT 04(2545 JOURNAL FEM. KM LOAN INTO WIPIPS10109 31282)13/16 3,802.844 SERIES 227 CLASS ID 5.000 DUE 12/01/34 MA F1033277 22 TERM REPO AGREEMENT 042.5.05 JOURNAL FEDI HOW LOAN WO CORPAS10109 31282W46 -1.456066 SERIES 227 CLASS 10 5,005 WE 12001134 FITM F1153282 Al REPO AGREEMENT 027 04/30104Eil:24 001 Lim EFTA01260498 CLIMES TROUGH ITS voNCto Oman Su'SWAT 0 -n C in z r V6ITS£00- 019- ANGS 8 b.) IJ 00 s0 a'• BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madson Avenue New York New York 10179 31 ct Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (cortlnued) Sac Sawn Sturifin Cap. QM Meinttech fn NOM Brost" kt Yon 11201.3159 FINANCIAL TRUST CO INC SUMMIT PCROO Api 1.2005 Tm110u011 *1 29. 2005 ACCOUNT Nan TAsPAYea MAW On rue LAST STATWEra WO 31.2005 St111040a TRAM an OM 19AXSACTON ccsoevnow STIAICYCLISIP OUAIMIT Dun MASINI OW merit 04/25105 JOURtMl. FEDL MAE LOAN WIG CORPeS10109 31282YDN6 .2.426.778 536.000.00 SERIES 227 CLASS 0 5.000 DUE 12/11134 ATM 11153280 Al REPO AGREEMENT 04/25,05 INTEREST GOVERNAENT NA11:014 MEG ASSN 38374FD87 2.807.29 SERIES 2004-.5 CLASS PS DUE 02/2042033 3.960 FIRM F1013191 A2 REPO INTEREST 04/28/06 RECOVED UNITED STATES TREASURY NOTE DUE 0351/2007 3.750 3.750 DUE 03/31/07 FM F1181007 Al RESALE AGREEMENT 912828030 04/28/05 OELNEREO MATED STATES TREASURY NOTE DUE 03/31/2007 3.750 3.750 CUE 03/31I07 FIRM 11030963 TERM RESALE AGMEDADIT INTEREST UNITED STATES TREASURY NOTE 912828000 59.Z28 .00 CUE 03/31/2007 3.750 ATM F1030963 A2 RESALE INTEREST 912828000 60.060800 50.375003 .00 -80.030.000 60300.030.00 04128/05 042805 JOURNAL tRITTED STATES TREASLMY NOTE FIRM 11120858 A2 4.000 DUE 02/15215 TERM REPO AGREEMENT 913828010 50.000.000 49.062.500.00 04/29106 JOURNAL UNDIDSTARS TREASURY NOTE FRIA 11190951 Al 44100 DUE 0 Remo AGREEMENT 2/15./15 9128280/19 40.001000 59.403.000.00 OUTROS DEINERED UNTIED STATES 1PEASURY NOTE DUE 03/31/2007 3.750 3.750 DUE 0301/07 rind F1181007 A2 TERM RESALE AGREEMENT 912828000 -50400.CCO 50.375.000.00 027 04/30“:11:24 031 WO/ EFTA01260499 Tn I8 b.) 1.2 00 00 0J O -n C in r S6ITSEOCIA19-ANGS BEAR STEARNS OFFICE SEFMCD/G YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madeon Avenue Now York. New York 10179 34 Or Transaction Detail (continued) REPURCHASEAND REVERSE REPURCHASE TRANSACTIONS (ccnolnum) SETTLIIMINT TRADE DAR DATE Maxim DESCRIPMN STILGOLCUSP 04/29/05 INTEREST UNITED STATES TREASURY NOTE 912828Dom DUE 02/15/2015 4.003 FITM F1120958 AZ REPO INTEREST 04/29/05 MEREST RATTED STATES TREASURY NOTE 912928000 DUE 03/31/2007 3.750 FRU F1181007 A2 RESN1 INTEREST TOTAL 1-542459.144x1 $630)27.202-11 MISCELLANEOUS DATE 1109.0 19.43334104 DESCRIPros DONT mama CREW MORN' 04/01/05 JOURNAL TO MY NC 021.5212841 301,525.00 0.4107/05 JOURNAL TO MY NC 021-5212841 288.806.75 04/09/05 JOURNAL FR MDT NC 021.5212941 61.362.50 04111/05 JOURNAL FR MDT= 0214212841 118.787 40 04/12/05 JOURNAL EulAA-30YREFMTAJOTO 290.625.00 SETT1W05 6.030 DUE 04/01/15 MIS NET 04112175 0413105 JOURNAL IAAR 05 SPEC CLEARING FEES 9.150.00 04/13105 JOURIal FRAM 30YR GTD 554482.81 SETT. 04/05 5.000 CUE 04/01/35 MRS NET 04/13/06 04/13/05 JOURNAL FNMA 30YR MD 229.135.03 SETT. 04/05 5.500 DUE 04/01/35 MRS NET 04/1305 CALMITITT CLEARSO 79(ROUCAT ITS NrolOtty ETANCO SLISSMARY Des Seam Semmes 009. Out 11•03333 C INNS Ow*" Nn Yin 11201.3359 FINANCIAL TRUST CO INC STAMEN, PENOO April 1.2005 rmitOVON Apni 29. 2005 ACcotATT NUMBER tomAYTR NuTiBER LAST mincer Mall 31.2005 DUO MOM OWE AWAIT 19.109.12 3.668.18 040606:1104 001 1,977 EFTA01260500 CLEARED THROWN ITS "MOLLY 0k SUSSOIARY BEAR STEARNS OFFICE SUNCIW YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue • 10179 Rut Nen Stailsas Ceep. Ono Idlioatich by NN0 tostp. Mee Tot ItZ01.3069 FINANCIAL TRUST CO INC 35 CI], Transaction Detail MISCELLANEOUS ((:o0UlL (continued) ermwery IEaw0 Mal 1.2005 21120110H API 29.2005 ACOOIPIT waNER TWAYETI roast On Re VAT STATLIIIIIff IAN& 31. 2005 POT LOWY TRAIISCION MUSSON Cart AIA01MI CREDIT Mama 04/14/05 JOURNAL TOCMDY 1./C 021-5212841 319.187.50 0411484 OEINERED FILM PG0021347338 700.000.00 0215212820 0 FANNIE MAC STMP POOL 0021445 COUPON 5.0000 FINANCMG NET PAMOFF OFF 04/1405 KUM FECCRAL NATCNAL ISM ASSN 7030.000.00 -n SERIES 353 CLASS 2 5.030 DUE 07/01/34 DUE07/01(2034 5.000 NW PG0021347364 C rn 04/15105 MOM 0215212820 PANNE WE STRIP P001.0021445 COAON 5.0000 FNIAA.15YRVARA.015/0TO 125.000.00 SETT.04/05 4.500 DUE 04101/20 ASS NET 04/15105 "4/1805 JOURNAL TO CNOY NC 0214212041 345.0137 .50 O4/1805 a p4A445YRITNMA-151GTD 221.815 .00 SET1.04/05 r 04/20/05 RECENT)) 5.500 DUE 04/01/20 mBS NET 04/18/05 FIEDERN. NATIONAL MTG ASSN 121.000.00 SERFS 352 CLASS 1 0.001 DUE 07/01/34 DUE 0701/2034 0.001 ITN P00021452178 0215212820 FANNIE LIRE STRIPS POOL 0021422 COUPON 0.0000 96ITS£00- 019- ANGS 8 b.) b.) 00 00 00 OO O27 04/300501:24 001 V877 EFTA01260501 BEAR STEARNS WEE SERVICING YOUR ACCOUNT Beef. Stearns b Co. Inc. 383 Mackson Avenue Now York. New York 10179 36 ulr Transaction Detail (continued) MISCELLANEOUS (continued) OAR 1I0CAF FRANSACTION Otscitsmon Olin MOM 01101 MORO cuncom DEMERS) FEDERAL NATIONAL MTG ASSN SERIES 352 CLASS 1 0401 011E 07/01434 DUE 07/01/203A 0.001 121.000.00 0 414 PG0021452191 0215212820 FANNIE MAE STRIPS POOL 0021422 COLPON 0,0000 0442/05 JOURNAL REV care 2-9-05 30.973.04 k l 04/22575 JOURNAL 041REAS REBATE NO 2-9 30,973.04 C in 04/22/05 04/27.05 042805 JOURNAL JOURNAL JOURNAL FR C1/0Y KC 021.5212841 FR CIAOY AC 021-5212841 TO May AC 021.5212a.ri 270.062.50 146875.00 21.412.50 TOTAL 32.004.417.29 52.204993.35 r L6ITS£00- 019- ANGS I8 1,4 IJ 00 00 00 Trades Executed Pending Settlement SITI1DJENT AWE DAR PM TROISACICA DESCAPION 01.10180101 00.14111Y PAO 05/02/05 04/27/05 BOUGHT GOVERNMENT NATIONAL MEG ASSOC 3/3740755 16,073,792.00 7.1562 1.099.671.62 SERIES 2004-041 CLASS SE CIE 05/20/2030 0987049814332 REF 12005042757180000 BS =ARLO 11413038 nS Mare DATED SuBSOANY Am Sten Wadi Cap. &e le0091O11 Cater North beats. Nee Ur( 11201.3 S FINANCIAL TRUST CO INC STAIDeprr PER KO Aga 1.2005 wmouGH Apri 29.2005 ACCOUrfr NUYSTA TPA:PAYER Nan 00 The LAST STATION:NT WWI 31.2035 DISC AWOLAT CA(117 .A.0011 06/0706 002013.5 ROW UNRED STATES TREASURY NOTE 912828058 40.000.000.03 100.0546 50.037.194 .29 DUE 044042007 03.625% AO 30 0989:16192099 nue 3.596 %TO MATURITY GEER REF P G1181005 Al 027 0412004:11.24 031 WO? EFTA01260502 IT1 8 00 IJ 0 m cim H r 86TTSEOCIND- ANGS BUR STBSRNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns b Co. Inc. 383 Madtson Avenue Trades Executed Pending Settlement (continued) Str11.0410 MCC MR CAR 05/1105 03/31/05 05/12/06 04/12/05 0511206 04.0746 05/12/06 0313105 05)12/05 04/1205 05/1205 04:07105 Cif..0110 11001/3“ ITS ‘meta.v Ove40 *MOWN W. Sin Swum., Corp. Oct Wevotsul Can. tearih mew York 11201.1159 FINANCIAL TRUST CO INC SIATELIEV roam erl 1.2005 maouce Apt 29.2005 ACCette YUMA TAXPAVIlt MASER 01 re WT STATEUENT imrea 31.2005 11WISCIION OCSCRS111011 SYNOOUCV90 01.1.00111, r cl CCM IMAM CAtECtl 11/0.1,0 BOUGHT FNMA-30YRIMMA)GED 5A79993 20,000,000.00 97.4921 19.498.437.50 SET7.05104 DUE 05/01/20.34 050009 0987115514312 Far • 2005033157140000 85 9013147 DaYA-30YRIFNIIA)GID SA79993 20.0)3.003.80 98.1328 19.628562.60 SETT.OSAM DUE 05/01/2034 06.00091 0987016110332 REF S 2005041267300000 BS SOlD INMA.30YR8/11.4A)GTO 5079993 -40.000.000.00 97.9216 39.168.750.00 5E17.05/04 098 DUE 7021 05.01/2034 2 05.03016 01133 REF S 2005040757220000 SS BOUGHT FNIAA.30YR(n•AA)GTO SA82389 20.000.800.00 99.8906 19.978.125.00 SETT.05/05 DUE 0901/2035 05.500% 0987021011332 REF • 2005033157150000 85 8OUGH1 Fram.3011t019.1A/G10 5082389 20.000.0%1.00 100.3750 20.075.000.00 SETT.05/05 OUE 05101/2035 05.50016 0981280211332 REF 0 20/5041257400020 BS SOLD EN/41.30YRIFIEMACTD SA82381) 40.030 000.00 100.2576 40.100.12500 5E11.05105 DUE 05/01/2035 05.5009 0987021011332 REF • 20')504C7577*S000 85 TOTAL 8.8277.996.12 $129.309.8.92. "...tow non do oC4 <Ma mace, Mrs wan.MM' OIOCN5:11M CO. ve77 EFTA01260503 uLµp not.O.G04 ootOu.v 0lo(0 81.090Wir 0 BEAR STEARNS OFFICE SERVICEM YOUR ACCOUNT Beat, Steams & Co. Inc. 383 Madison Avenue New Met. New Yo'k 10179 Bra'. Stem SeCotte) cop One Ittetotal Coot) Won Paw at 1'201 359 FINANCIAL TRUST CO INC AOCCUNT EXECUTIVE GNMA GOVT BOND VISIT OUR MEW( wow.bearsteams.com What's In This Statement Financial Summary 3 Moll...LIM Id FINANCIAL TRUST CO INC Stolloctr: orra00 'mean)) MOCOvoi aMACC TAXPore, LAST ro/TwEw1 Marth 1.2005 March 31.2005 kieutey 28.2005 VOW Portfolio Holdings 4 Ci0 JEFFREY EPSTEIN Transaction Detail 6 6100 RED HOOK QUARTER Trades Not Yet Settled 36 STE B3 ST THOMAS VI 00802 m Your Portfolio at a Glance TOTAL VALUE OF SECURAMS THIS NAM 3,335.615 Market Value of Your Portfolio Cash I, felirekre ire $336.828 C in LONG ACCRUED MEREST 57.993 raed—IMIIIIIIII II.1.175.67 13.335.6' s hteme 7 NET CREDIT BALANCE 77,668 r NET MUM TmE PERTOO NEI EOM UST STATEMENT 53.471.276 1.517.425 Current menet wiz, MI Last Staternent'S made ralue CHANGE SINCE LAST STATEMENT 1.953.851 66TTSEOCIA19- ANGS 8 b.) b.) 0t There are no 'Stop Loss' orders or other pending buy or sell open orders on file let your account. saiwit tinnyis we ensue, primes coo eteed00 no tax cent 1111siareinte staid to mined fa ow woos Snows, ode fer /WWI Monate- 021 04.01106/3949 00 '.876 EFTA01260504 C411APS0 7)4909(49 )4149149 0974E, SuBSUARY Beat S:brns So0.40•S Ca 499,79<te Cal& WTI &war. Wet 91 20 1659 FINANCIAL TRUST CO INC 2 rn 4 IS b.) IJ 00 b.) 0 z-n C rn z -H r OONSE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0001.05.09'49 00' NIL EFTA01260505 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams a Co. Inc. 383 Mad-son Avenue New yr • Vnv York 10179 34444 Cash Flow Analysis Income Summary z -n PCNIOD neS P700 YEAR DO CATE Opening Balance Securities So4d Dalderaisanterest Miscellaneous Amount Credited Securcies Bought DhadendsAnterest Charged 5336,827.64 956,588,364.34 992.974.47 2.751.164.59 5960232,503.40 -955229.656.15 -1.309.848.42 U.S. Govt. Bon Cm. Goa. Agency Bit. Corp. Bono km Ueda Balance Reverse Repurchase Int. Total Bond Parches, Ire. Repurchase Int. Exp. 178,611.89 893.096.31 120,062.77 1,203.50 323,157.29 51.316.131.76 '1,309,848.42 -177.727.19 2.510.456.45 2,022,336.00 375,012.07 1.960.00 826,531.30 55.736.295.82 -3.580.285.37 ,400,692.42 C in z Miscellaneous Amount Debited Net Cash Molly -3,452,158.93 5-960 591 663 50 -259.160.10 Portfolio Composition Cashtash Equaaleht 77,668 ClosingBalance 577 667.54 Fixed 'merle 3.335,615 Total 53 413 283 r Cash Balance Summary COMM 0,06•10 TOZTS£00- 019- ANGS Mateo 336,827.64 77.667.54 Net Cashltalance 5336.827.64 577,667.54 027 04101 176 4. 077 MASI° /144,./M rrs CMIED SUMCIATI Sur. Stein Starts. Cm. Crit Memitn Sens UM 11201.350 FINANCIAL TRUST CO INC T7A7TUfS1 POWS March I. 2005 MACUM March 31 2005 ACCOWT MYR T000yre mow On Flo !AST fl yaway rebury 28. 2005 Your Portfolio Allocation COO & Esuvalent, 2% L toed Incorro 98% Suussc cram &um MI NY, Ce.hrd new Mc mum., OEMN tram I,. smut *ow 71.n of my colUc 1576 EFTA01260506 CLEARED THROLICK ITS 11110113 CEAVIED SIASOVAv -n C rn r ZOZTS£00- 019- ANGS IS b.) 00 IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beet. Steams & Co. Inc. 383 Modiste Avenue New Monk, New York 10179 one Your Portfolio Holdings CASH & CASH EQUIVALENTS DE930.10. CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 877.668 5,94801.0.1911 1.4181121 ISIV.WED CURRENT OMER AKE 'IAEA( ANNUM IktOME HAD I%) 77.668 FIXED INCOME Int Sian Swages Cep. Cn Minh en AMA 8.05003 Rn YOft 11201.3859 FINANCIAL TRUST CO INC srArean mem March 1.2005 nat0.08 March 31, 2005 AfrOAIT NuW8ER TAAA.AVA HAMAR On Me EAST STATHHAT FKcU& 28.2006 Government & Agency Obligations DES080104 SHAIOLASSIP MST WPC 01.1111021 NEE MARCO VALUE SWUM MIAMI MUM POPUAL MEAN WARM %HD I%) FEDERAL NATIONAL MTG ASSN 31393C205 MRGN 13.326.665 8.3078 1.107158 9.217 563.057 49.9529 SERIES 2003-49 PASS SW DATED DATE 04/30103 BONG ENTRY ONLY AFCTO R 2033 4.150% - .54826993 ROL HOME LOAN MEG CORP9510110 31282YDPI MRGN 9.755.215 22.8438 2.228.457 48.776 585.313 26.2654 SERIES 228 CUSS.) DATED DATE 02F01/05 BOOK ENTRY ONLY OW02/01/2035 6.000% FACTOR - .97552156 Total Government& Agency Obligations $3.335.615 557.993 51,138.370 TOTAL FIXED INCOME 53.335.615 557.993 51.138.370 YOUR PORTFOLIOHOLDING$ACCRUED INTEREST 557.993 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME 51.138.370 YOUR PRICED PORTFOLIOHOLDINGS 53.413.283 017 0401.050949 001 Van EFTA01260507 5684:1700-V.L.43 0 -n C in r _ £OZTS£00 IN9 ANGS BEAR STEARNS OFFICE SERVICING YOuR ACCOLIM Bear. Steams 8 Co. Inc. 383 Madison Avenue New York, New York 10179 5dw Repurchase and Reverse Repurchase Transactions with Bear,Steams& Co. Inc. outstanding asof date of statement CtLAO TKROLA3m IS waour oMtD SuSSOwAy an. Swim Scones Ccos Ca. Uantea, Cain MOT Onninn. Inv MS 1I201-3859 FINANCIAL TRUST CO INC rotten KROD wren 1.2005 THKX.C.n Paco 31.2005 VCONT Ntwout TAKPAYER LAST rATNIENT February 28.2005 PURCIUSti STAR! OATE REPUSIOUSE DATE MOND RATE PURCHASE ROW PRIKIPAL ACCRUED ADO INFIRESa OUAKITTY Ina WORM) CUSP OLSCRIFI1311 YOU SOLD GOVERNMENT NATIONAL MFG ASSOC (REPO) 01/13105 04/11/05 2.880 -2,601.003 -16.117 .22.103.000 38374FDE17 SERIES 2004-5 CLASS P 4.100002/20/33 YOU SOLD FANNIE3ME STRIP (REPO) 01/13/05 04/11/05 2.880 -11,1)02.000 -73.752 .30.000.000 3136FAWEIS SERIES 329 CLASS PO 12/01/32 YOU PROVIDED FEDERAL NATIONAL MEG ASSOC (MARGRO 02/07/05 OPEN 0.000 40.000.000 31392.092 SERIES 2003-13 CLASS 5.1500 03/25/33 YOU SOLD FANNIEMAE STRIP (REPO) 03/1405 04/11/05 3.020 4.508.000 -5.448 -7.000,000 3138FC8C9 SERIES 346 CUSS PO 1001/33 YOU SOLD FANMDME STRIP (REPO) 03/16105 04/15/05 3.030 -11.248.000 -15,147 -30,959.779 3136FAWE8 SERIES 329 CUSS PO 12/01/32 YOU SOLD FREDOEMAC STRIP (REPO) 03/16105 04/15/05 3.030 -2.013000 -2,710 -10,000.030 312827001 SERIES 228 CLASS 10 6.000002/01/35 YOU PROVIDED FANNIEMAE STRIP (MARGIN) 03/21/05 OPEN 0.000 .2.090.003 3138FC8C9 SERIES 346 CLASS PO 11/01/33 YOU SOLD USTR 4.000002115/15 (REPO) 03/22/05 OPEN 1.990 -28.B00.000 -15,120 -30,000.000 91282801.49 YOU SOLO FREDMEMAC STRIP (REPO) 03/22/05 0411105 2.860 -2,018.000 -1.603 -10.000.003 31282YDP1 SERIES 228 CLASS 10 6.0000 02/01/35 YOU SOLD FEDERAL HOME LOAN STRIP (REPO) 03/2305 04/22/05 2.050 -2.032,1300 -1.041 -8,500.13C0 31282YDN6 SERIES 227 CUSS 10 5.000012/01/34 YOU PROVIDED FEDERAL HOME LOAN STRIP (MARGIN) 03/23/05 OPEN 0.000 -11.500.000 31282YDN6 SERIES 227 CLASSIC) 5.000012/01/34 027 04/01.65.03.40 WI IITS EFTA01260508 WAREO 714.CUGH rs *1.04X On•to Suit:Wore 968CZZOO- V.L43 BEAR STEARNS OFT/CE SERVICING YOUR ACCOUNT Rear, Stearns & Co. Inc. 383 MaCcson Avenue New Yak. New York 10179 6 am Repurchase and Reverse Repurchase Transactions (continued) with Bear, Steams& Co. Inc.outstanding as of date of statement (continued) Boy. &vs% &arras Coy. 0**01Xech Calle EAAVi . µe Van 11201.31359 FINANCIAL TRUST CO INC STATEMENT NAOS Nara 1.7035 Tliga/G14 WO 31. 2005 ACCOUNT I&A$E 7ftuo.ArEFI NUMBER On Ft LAST STATrueir February 28.2006 NOOSE/ (01.0014.St PRONG suat DAII DATE Mw KR0081 NOW PRiPOPAL ACCWD WO INTEAST* awn PAR MONO CUSP OISCRITON YOU PROVIDED FANNIEMAE STRIP (MARGIN 03128105 OPEN 0.003 -910,000 3136fCBC9 SERIES 346 CLASS PO 11/01/33 0 YOU PROVIDED (MARGIN) 03/29/05 OPEN 0.000 -4,300,000 383741087 GOVERNMENT NATIONAL MEG ASSOC SERIES 2OO4-S CUSS P 4.1007 02/2043 -n YOU SOLD (REPO) 03/3305 04/15105 3.050 4.429.033 -750 -20.000.000 31361C1.06 FANNIE MAE STRIP SERIES 353 CLASSIO 5.000007/01/34 YOU SOLD FREDDIEMAC SIPS C (REPO) 03/30/05 04115/05 3.050 -100,000 -16 -10.000.000 3128270P1 SERIES 228 CUSSIO 6.000002/01/35 rn YOU BOUGHT (REVERSE) 03/21/05 OPEN 2.380 49.875,000 37.752 50,000,000 912828014 USIR 3.000012/31/06 TOTAL REVERSE REPURCHASE TRANSACTIONS 549,875.030 537,752 TOTAL REPURCHASE TRANSACTIONS 868.751.030 5.131.704 r _ POZIS£00 IN9 ANGS gettened date Transaction Detail INVESTMENT ACTIVITY SETIMAINT TRW Oen WTI massicnott 03/01105 02/28/05 SOLD OFSCRI0311 UNITED STATES TREASURY BONDS CUE 02(15/2031 05.375% FA 15 0988016192099 VIEW 4,721 14 TO IMTURRY OVER REF w 00591007 Al mecum, °warn, Hsi 912810114 -33C0.000 109.72266 ACCR. INT. NW /MOM CRICIT MONT 3.291.679.69 8235.19 027 040100SAW0 001 0070 EFTA01260509 rn 8 iJ 00 IJ C) E I C rn r SOMEOCIN9- ANGS BEAR STEARNS OFTEE SERVICE...1G YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Macson Avenue v 10179 7 v • Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SEITWAN1 MAX amt art nuMACTEN cflawmcvi sniewcus• timitRy 03/0105 JOURNAL FEDERAL NATIONAL miG ASSN 3136FCBC9 SERIES 346 CUSS 1 011E 11/01/33 03/02/0.5 03101/05 BOUGHT MICE CAMEO 'MOWN ITS W1CMY MATEO MOSOMEY Mr Stern Mason Cap. Coe 1.11C1001 CeCe Oth (1.020”. N1 Yrt 11201.3859 FINANCIAL TRUST CO INC STAIMON1 02900 1/arch 1.2005 THROJOH march 31.2005 ACCOMI MAMA TMPAYE11 NACCR On Fie LAST STATMENT retruaty 28. 2005 cten MOUNT COCO &MOAT UNITED STATES TREASURY NOTE 9128280M9 10.000.000 96.92188 9,692,187.50 DUE 02/15201504.00D% FA 15 ACCR. INT. 16.57439 0988035598099 YEW 4.385 % 10 MATURITY GVER REF 4 G0601000 Al E53002/05 0301105 SOLD UNITED STATES TREASURY NOTE 9128280149 -10.000,000 96.89063 9.689.062.50 DUE 02/15.'2015 04.000% FA 15 ACCR MT. 16374.59 0988726999099 VELD 4.189 % TO MATURITY OVER REF • G0801005 Al 03/0405 03/03/05 BOUGHT UNITED STATES TREASURY NOTE 9128280M9 10,000,000 96.95313 9.695.312.50 OUT 02/1512015 04.020% FA 15 ACCR. INT. 18.784.53 0988016192099 11EU) 4,3814062 % TO MATURITY GVER REF • 1002 Al 03/07/05 03/04/05 SOLD UNITED STATES TREASURY NOTE 9128289149 -5.000.COD 97.11719 4,855,859.38 DUE 02/15/2015 04930% FA 15 A . MT. 11,049.72 0988726998099 GELD 4.360 % TO MATURRT GVER REF # 03631009 Al 03/09/05 03.108/05 BOUGHT UNITED STATES TREASURY NOTE DUE 02/1512015 04.000% FA 15 0988016192099 6VFR 4.381 MATURITY RFF # 6067/033 Al 03/09/05 03/08005 SOLD 9128280M9 10.000.000 96.95313 9,696,312.60 ACCR. INT. 24.309.39 UNITED STATES TREASURY NOTE 912828DM9 4.000.000 96.96835 4.848.437.50 DUE 02/15/[01504.000% FA 15 ACCR. INT. 12.154.70 0988280293099 YEW 4.379 % TO IMIURRY GVER REF 100671016 Al OT 0•01O622.49 001 EFTA01260510 0 -n z C in z r 90ZISE00- O19- ANGS IS b.) IJ 00 ,f; 00 BEAR STEARNS MICE SERVICRIG YOUR ACCOUNT Beef. Steams & Co. Inc. 383 Madison Avenue New York. New Ye', '0179 8 a ra Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETIVEWT SAE TRADE DATE IRMSACTrel CESCRIPTIN SYMBOLCUSIP ORmany net 01W MOUNT CAM! MOCONI 0314/05 03/03/05 CANCEL SELL FNMA 30YR. GTD 5/79357 10000000 100.81641 10.081.640.63 SETT. 03/05 DUE 03.01/2035 05.500% 0987797115332 REF 0 2005030357590000 BS AS OF 03/03/05 TO ESL PREVIOUS all 03/14/05 03/04/05 BOUGHT FNNU 30YR.GTD SA79357 10,000.000 101.06250 10.106.250.00 SETT. 03/05 CUE 0301/2035 05.500% 0987280211332 REF • X05030457110003 BS 03/14/05 0203(05 CANCEL SELL FNMA 30YR.GTD SA79357 10.000.000 101.51563 10,151,562.50 SETT. 0105 DUE 03/01/2035 05.500% 0987135514332 REF • 2005020357710000 BS AS OF 02/03/05 TO CA PREV0US SELL 03/14/0.5 020005 CANCEL SELL FNMA 30YR. GM shins? mew.= 101.67188 10,167,187.50 SETT. 0305 DUE 0301/2035 05.500% 0987280211332 REF • 2005021057810000 BS AS Cf 02/10/05 TO a PREVIOUS SELL 03/1405 03/01205 CANCEL SELL FNMA 30YR. G7D 5/79357 15.000.000 100.68750 15,103.12500 MTh 03106 DUE 03/010035 05.500% 0997797115332 REF • 2035030157140000 BS PS OF 030105 To OIL PRE81005 SELL 03/1405 02/17/135 BOUGHT HIM 30YR.GTD SA79357 15,003000 101.55859 15,233,789.06 SETT. 03/05 DUE 030122035 05.500% 0907203211332 REF • 2036021757360000 BS &MED DOOM. ITS Maly Crstaa SLISSIMITY Sat %Sin Smite. Ca. aIftembid. En Non law Vat 112014139 FINANCIAL TRUST CO INC STArEL4ENT PERO!) match 1.2005 ni90.4 March 31.2005 ACCOUNT HAIBINI TA,PRIf It MAW On Ft LAST STATDADIT Faince, 28.2095 027 0401/06rXeret OOT 201! EFTA01260511 m z m z r LOZTS£00-019-ANGS IS b.) so IJ BEAR STURNS MICE SERVICING YOUR ACCOUNT Beer. Stearns & Co. Inc. 383 medium 22211116 10179 9 roc Transaction Detail (continued) INVESTMENT ACTIVITY (confirmed) UTTLOANT TRAM Dan OM TRANSACI1CM OISCRP702 03/14/05 02/09/05 BOUGHT 0.22.720 71.00.0.4 7240U.Y 01000 Sult2.20Fre O . Swans Ssevitas C0p Ore Ilerocith Conn 10.0 . Pantav 20 1559 FINANCIAL TRUST CO INC STATES/SST' KFOCO March 1.2005 Thfoo4.0.0 March 31.200S 2.0700.7CT ...max 200WER suw02.1 cc fib LAST $TASESIVIT f0G0Rry 28 2005 SYPAIOUCIZIP OUNNIT FREE DEW MOAT CREW MJC411/1 FNMA 3001.61D 5/79357 20.000.020 101.82422 20.364.843.75 SETT. 0306 DUE 03.01/2015 05.500% 0987280211332 REF • 2005020957310000 BS 03/14/05 03/03/05 SOW FNMA 30YR. GTD 5/79357 -10.003.CCO 100.81641 10,081.64063 SETT. 03/05 DUE 03.01/2035 05.500% 0987797116332 REF • 2005030357590000 8.5 03/14835 03/04/05 CANCEL BUY FNMA 30YR. GM 5/79357 -10.030.000 101 06250 10,106,250.00 SETT. 03/05 DUE 03/002035 05.500% 0987280211332 REF • 2005030457110000 BS AS OF 03414105 roar PREVIOUS BUY 03/14/05 02/0305 SOW FNMA 30YR. GM 51/79357 -10.000.000 101.51563 10.151.562.50 SETT. 0105 DUE 0301/2035 05.500% 0987135514332 REF 0 2005020357710000 BS 03/14/05 02/1045 SOLO FNMA 30YR.GTD SAMS? .10,000000 101.67188 10.167.187.50 SETT. 03/05 CUE 03/01/2035 05.503% 0987280211332 REF • 2C05021057610000 BS 03/14/05 03/01/05 SOLD 110AA 30YR. GTO 5/79357 -15.000.0O3 100.68750 15.103.125.00 SETT. 03/05 DuE 03/D1/2035 05.500% 0987797115332 REF • 2005030157140000 8$ 03/1405 02./17/05 CANCEL BUY FNMA 30YR. GTO 5/79357 -15.020.CCO 101.55859 15,233,789.06 SETT. 03/06 DUE 0101(2035 05.500% 0987280211332 REF • 2033021767360000 BS AS OF D2/17/05 TO 01 PREVIOUS BUY 027 01/01106.11120 001 YS76 EFTA01260512 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 MacliSen Avenue New Yak, New York 10179 10 or ,4 Transaction Detail (continued) INVESTMENT ACTIVITY (confinerf) 21711/100 MAX DAR OAR TRARSACIID2 03/14/05 02/09/05 CANCEL BUY 0 03/14/05 03/01/05 CANCEL SELL -n C in z 01/14105 03/03/05 CANCEL SELL 03/14/05 03/04/05 BOUGHT r 03/14005 02/03/05 BOUGHT 03/14/05 02/17/05 BOUGHT SOZTS£00- 019- ANGS I8 IJ IJ DESOISPICN FNMA 30YR. GTO SETT. 03/05 DUE 03/01/2035 06.500% 0987280211332 REF • 2005020957310000 8$ AS OF 02/09/05 TO CO. PREVIOUS BUY FNMA-30118FNIANGTD SETT.0305 DUE 03/01/2035 06.000% 0987135514332 REF 0 2005030157060200 BS IS cc ostouos TO PI PREVIOUS SELL FNMA-30YR(tNMA)G711 DU E .03/05 030112035 05900% 0987018110332 REF • 9005030357550000 BS AS OF 03/03/05 70 C31 PREVIOUS SELL FNMA.30YR(FNMALGTO SE17.03/05 DUE 0101/2015 MAO% 0987797115332 REF • 20050304571213000 BS FNMA-30YR(FNMA)GTD SETT.03/05 DUE 03/01/2035 05.000% 09037116514312 REF • 2005020357750030 BS FALIA.30YRLF/IMA)GID SL17.03/05 DUE 0301/2035 05.000% 0987016110332 REF • 2005021757303000 85 GUAM TAROuOn OS 7.7.00.7 Ova= tu•SDARY BRA &Ora Seantet Cap. Oft 11•17011111 tett NonA IIROcIn Paw RR 11201.3855 FINANCIAL TRUST CO INC STATteT PERM Myth 1.2006 THROWN PAIrch 31, 2005 A007417rt WISER TAWAYIR NIMEA On roe LAST swoon Fetc.041 28. 2005 SOMOLCUMP 0.1110Trf 9Na ORO MEW 1ST MOM 5/179357 -20.000.000 101.82422 20.384.843.75 5/181973 10.000,000 98.35156 9.835.158.25 5/181973 10.000,000 98.53516 9.853.515.63 SA81973 10.000.000 98.77734 9.877.734.38 5.481973 10.000.000 99.43750 0943.75000 SA81973 10,000.000 99.54297 9.954.296.88 027 000703140219 Cl 2176 EFTA01260513 CLEARED 11.0.,0m vicar Onto.D SulSictARY rn 8 b.) b.) 0 m C rn r 60TESE00- O19- ANGS BEAR STEARNS 01711E SERVICING YOUR ACCOUNT Beat. Steams 6 Co. Inc. 383 Mad6on Avenue v 10179 11 n Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Stitl0A0(1 DMt DAR rammcnoN cescsomm 511.4550CUSIP Olimarre RACE 03/14/05 02/10/05 CANCEL SELL FNMA-30YR(FNMA)GTO 5A81973 10,000003 99.73828 SETT.03/05 DUE 03/01/2035 05.000% 0987135514332 REF 0 2005021057670:00 85 AS OF 02/1005 TO CIL PREVIOUS SELL 03/14/05 03/01)05 SOLD FNMA30YR(FNIAA)410 51181973 -10.000.000 98.35156 SETT.03/05 DUE 03/0112015 05.000% 0987135514332 REF it 2005030157060000 85 03114)05 03/03/05 SOLD FNMA-30YR/FNIMUG7D 51181973 -10.000.000 98.53516 SETT.03/05 DUE 0301/2035 05.000% 0987016110332 REF 0 2005030357650000 0$ 03/1005 03/04/05 CANCEL BUY FNMA-30YRUMANGTO 51181973 -10.000.000 98.77734 SETT.03/05 DUE 03/01/2015 05.030% 0987797115332 REF • 2005030457120000 85 AS CC 03/04/05 TO GO. PREVIOUS BUY 03./14,05 02/03/05 CANCEL BUY FNMA-30YRUNIAMOTI) SA81973 40.0:0.000 99.43760 SETT.03/05 DUE 03/01/2035 05.000% 0987135514332 REF 0 2005020357750000 8$ AS OF 02/03/05 TO 01 PREVIOUS BUY 03/1405 02117105 CANCEL BUY FNMA-30YR010.4A)GED 51181973 -10.000.000 99.54297 SE0.03/05 DUE 03/01/2035 05.000% 32 KT 0 09870151103 2005021752303000 BS AS OF 07J1705 7001 PREVCUS BUY ley. burs Sea.mits Cap. axlavas% Crow Math &m*" New Yon 11201.385* FINANCIAL TRUST CO INC STATEuENT RERICA Attedi 1. 2005 1NROUCri Math 31. 2035 Attar PCWRIR OnArER NutniER On tie LAST moven February 26.2005 WNW MOM CREW AMOUNT 9.973.828.13 9.835.156.25 9.853.515.63 9.877.734.38 9.943.750.00 9.954.296.88 027 040OvOtata cm I/876 EFTA01260514 CLEVItt3 TI.ROIX51 ITS 808OLLY 083.813 SIAISIOLAWY to 8 IJ ,..) 0 IJ m cim H r OTZISE00- LAJD- ANGS BUR STURNS OFFICE SERVICING YOUR ACCOL.IT Bear. Steams 5 Co. Inc. 383 n,acison Avenue Yn-k V k 10179 12 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 8e.r. &tn 38881.. Coy. OR Ihtlnlacn Grew Wen 11191.3859 FINANCIAL TRUST CO INC STATEMENT POICO March 1.2OO6 enOten March 31.2005 ICCOLIC Mali 1887.XeCR Nu1.1001 On FY LAST STATEWJ.4? FebrUary 28.2OO5 5811808187 Tate OAT( OM TRIVISAC1O11 CM:WM SnIeteCuSIP Gummy intict DEW imituut CRUM AMOutil 03i NC* 02/10/05 SOW FNMA-30YR(FNMA)GTD 5A81973 -10.000.000 99.73828 9.973.828.13 SER.O.VOS DUE O1O1/2O35 05.000% 0987135514332 REF • 2005021057670000 BS 03/14/05 0203.05 BOUGHT FNMA 30YR(FIIMA) GM SA82010 20.000.000 103.01563 20,603,125.00 SETT. 03/05 CUE 03/01/2035 06.000% 0987280211332 REF 0 2OO5O2O35773OOEO BS 03/14/05 02/09/05 CANCEL SELL FNMA 30YR(FNMA) GTO 5/082010 20.000,000 103.18750 20.837.500.00 SETT. 03/05 009 03/01802113 /2035 06.000% 9872 32 REF * 2OO5O2O95734OOOO BS AS OF 02)00/05 MCC PREVIOUS SELL 03/14/05 02.03835 CANCEL BUY FNMA 30YR(FNMA)GTD 5/082010 -20.000.000 103.01563 20.803.125.00 SETT. 03/05 DUE 0300112035 06.000% 0987280211332 REF r 2005020357730:00 BS AS OF 02 /03/05 TO (IL PREvIOUS BUY 03/14/05 02/09/05 SOLO FNMA 30YR(FNMA) GM 5/182010 -20.000.000 103.18750 20.637.500.00 SETT. 03/05 WE O3/O1/2O35 06.000% 0957280211332 REF a 20)502095734=0 as O3/144O5 03/11105 SCAB FEDERAL NATIONAL 1MG ASSN 3136FCKC9 -4.978.135 76.45313 3.805.940.34 SERIES 352 CUSS 1 ONE O7/O12O34 00.001% 0987797115332 REF a 2005011157110000 BS 03/14/05 03/11105 BOUGHT UNITED STATES TREASURY NOTE 9128280)6 8003030 98.94531 7.915.625.00 DUE 01/31.2 19 007 03.125% Al Si ACCR. M. 29,005.52 09880162099 YIELD 3.708 % TO MARMOT GVER NEF /430701010 Al 02? 04001221.1)8e9 401 le 18 EFTA01260515 0 ii C in r ITZTSEOCIND- ANGS I8 IJ V.2 0 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Wilt New YOric 10179 .300 11 0.40 CLEARED TPIROWI ITS WIICtLY Credal, SLOSIDIARY Sox Seem Staten CoT. Coy maus:f% Gray *III 11201.3SSI FINANCIAL TRUST CO INC STATEItENT Petoc warm 7.2005 THIMA)0.1 747cca 31, 2005 Transaction Detail (continued) 7A.:2w:kuviee LAST STATI011a Rtellety 2005 INVESTMENT ACTIVITY (contnued) straluun Trott 90.80M3990 DUE MOUNT NOE DATE TRANIACTEN 0O06PlI0N OuANTIN Pact 98.80078 OtENT BYQNf 03/15/05 03/14/05 SOUGHT UNTIED STATES TREASURY NOTE 25.000.000 24.700.195.31 DUE 12/31/2006 03.000%1D 30 9128280F4 151314.92 098/3726998099 ACCR. M. YEW 3,694 % TO MATURNY GYER REF 0 60731012 Al 03716705 03714/05 SOLD FEDERAL NATIONAL FM ASSN 3136FAWE6 -7,882.556 77.21876 6.086811.75 SERIES 329 CLASS PO STRIP DUE 01/0172033 0987797115332 REF • 2005031457300000 EIS 03/16105 03/14705 BOUGHT FEU HOME LOAN MG CORPIS10110 31282YCIYI 9.755.215 22.78125 2,222,380.05 SERIES 02/028 2 CIASS 1/2035 06 0 10 00% ACCR, INT. 24,388.04 DUE 0987000510332 REF 02605031457200000 9.5 AS Of 031 4.05 ACCRUES ON 1ST, PAYS ON 251N cenedas 03/1905 SOW UNITED STATES TREASURY NOTE CUE OM 5/2015 04.000% FA 15 0988280293099 YELD 4.547 % TO MATURITY OVER REF 0 60741007 Al 9128280119 -10,000.000 95.67188 9.567.187.50 ACCR. INT. 32,044.20 0371805 03/16/05 SOW FEDERµ NATIONAL MEG ASSN 3136FC8C9 -2,979,254 77.59375 2,311,723.34 SERIES 346 CLASS 1 WE 11/07/2033 0987016110132 REF # 2005031657230000 BS 03/18/05 JOURNAL FEDERµ NATIONAL MEG ASSN SERFS 329 CLASS PO WE 01101/33 STRIP ADJUST PCGITION 3136FAWE6 -1 03/21(05 03118/05 SOUGHT UNITED STATES TREASURY NOTE 912828DF4 25,000,000 98,84375 24,710,937.50 DUE 12/31/2036 03.000% A 30 ACCR_ NT. 185,74586 0988778197972 YIELD 3.675 % TO mAlliRRY OVER REF • 03771013 Al 027 0401460849 COI YON EFTA01260516 CLEARED THROu0a MS rA4OLLT aent0 MAU741Xf r77 8 IJ 157 2 BEAR STEARNS OFF/GE SERVICPX YOUR ACCOUNT Bear. Steams & Co. Ire. 383 Madison Avenue New Ufa. Nett York 10179 14 are Transaction Detail (continued) INVESTMENT ACTIVITY (ccotilued) 111711,11017 IRME Mn DAIS 118111SACTICM 03/21/05 03/18A35 BOUGHT 03/21105 03/18/05 BOUGHT -n 03/21/05 03/18105 BOUGHT C rn 03/21/05 03/18/05 BOUGHT 03/21/06 JOURNAL r 03/22/C6 03/18/05 SOLD 03/22/05 03/18/05 BOUGHT MISE00- 019- ANGS 01501.00re UNITED STATES TREASURY NOTE WE 12212006 03.000%10 30 0988778197972 YIELD 3,875 II TO MATURITY OVER REF *G0771013 B1 UNITED STATES TREASURY NOTE DUE 12/3112006 03.000%10 30 0988778197972 YIELD 3875% TO MATUROY GVERreef • 00771013 Cl UNITED STATES TREASURY NOTE DUE 02/1512015 04.000% FA 15 8035598099 HELD 450 Is TO MATURITY GVER REF • 60771008 Al UMTEO STATES TREASURY NOTE DUE 02/192015 04.00a FA 15 0989016192099 NEU) 4,501 %TO MATURII7 GVER REF /F 60771000 Al FEDERAL NATIONAL MTG ASSN SERIES 346 CLASS 1 WE 11/0123 FEDERAL NATIONAL MTG ASSN SERES 153 CLASS 2 PIE 0101/2034 05.000% 0987049814332 RFS it 2005031857140000 BS ACCRUES ON 1St PAYS ON 25TH RIX HOME LOAN MTG CORPeS10110 URNS 228 CUES I0 DUE 02/012015 06.000% 0987049814332 REF • 2005031857180000 85 ACCRUES ON 1St PAYS ON 25TH Bew Stoaas Seculan Cap. One Mentall Cam Math Am Vas 11201.1859 FINANCIAL TRUST CO INC STATEMENT 911000 Math 1,2005 Tne/Outai match 31.2005 NM ACCO(NT 518,18ER TAxrAvER hiSANLIS Srvecucus• Oman PM LAST STATEMENT COM AgC010 Feeney 28.2005 CUD' MOUNT 912828064 50.000.000 ACCR. INT, 98.84375 49,421,875.00 331.491.71 9128280F4 50,000,000 98.84375 49,421,875.00 ACCR. WT. 331,491.71 9128280M9 13.000.000 95.98047 12.477.460.94 ACCR. M. 48,839.78 9128280%19 13.000.000 96.03125 12,484,062.50 ADM. INT. 48.839.78 3136FCBC9 -1 3136$CLD6 .14.252.296 25.62500 3452.150.94 !COL INT. 41,569.20 31282YDP1 9.753.213 22.48438 2.193.399.26 ACCR. M. 34.143.25 027 04/01/06,08919 001 Ala EFTA01260517 0 -n C in r ETZTSEOCIN9- ANGS I8 b.) Ia La mt, BEAR STEARNS OFFICE SERIACtoG YOUR ACCOUNT Bar. Sterns 6 Co. Inc. 383 Madison Avenue New York. New York 10179 1S en; Transaction Detail (continued) INVESTMENT ACTIVITY Noratinuet0 SETTLEMENT DAR DATE ISMILUCTION DESCITIMON 03/22/05 03/2105 SOW UNITED STATES TREASURY NOTE CUE 02/15/2015 04.000% FA 15 0988016192099 NEW 4.527 %10 MATURITY GvER REF • 60801006 Al CL AASO 7144006.4 rts MC.LV OATES SLONSOOAN &AL Sound Senate% Coy Crs Meg.-MN Cele Math Ithaadn Piro 'En 112014359 FINANCIAL TRUST CO INC STAMALLAT PERO!) Mardi 1.2005 rpaCAL3N Mach 31.2005 ACCO.TO ewes TASTE* LAUBER On Re LAST STATelienr hammy 28.2005 SVIMOUCUS• Govan' COn MOM =Off ASOUM 9128280M9 -26.000,000 95.82813 24,915,312.50 ACCR. INT 100,552.49 03/23/05 03/21/05 SOW DUE 07/01/2034 05.000% 0987000510332 REF r 2005032157270000 85 ACCRUES ON 1ST. PAYS ON 25TH FEDERAL NATIONAL MEG ASSN 31361C106 -14,252.296 25.93750 3,696,689.37 SERIES 353 MASS 2 ACCR. INT. 43.548.68 03/2605 03/21105 BOUGHT FEDL HOME LOAN NIG CORP0510110 31282YDP1 9.755.215 23.03125 2.246.748.09 SEWS 228 CLASS 10 ACCR. INT. 35.769.13 DUE 02/01/2035 06.000% 0907000510332 REF it 2005032157310000 EIS ACCRUES ON 157. PAYS ON 25TH 03724/05 JOURNAL FEDL HOME LOAN MTG CORPWS10109 31282Y0N6 1 AFARS 227 CLASS ID 5.000 DUE 1201/34 ADJUST PO$ITCN 0312405 PRINCIPµ FEDERAL NATIONAL MTG ASSN 3136FAWE6 199.747.03 SERIES 329 MASS P0 WW/01133 STRP PRP RID 02-05 RID 03-25-05 REPO PA I 0.0000 03/28/05 PRINCIPAL FEDERAL NATIONAL WIG ASSN 3136FAWE6 Ii • 4 238.243.25 SERIES 329 CLASS PO DUE 01/01133 STRIP PRIN R-0 02-05 ND 03-25-05 REPO P a I 0.0000 03/28/05 PRINCIPAL FEDERAL NATIONAL MEG ASSN 3136FAWE6 285.891.90 SERFS 329 CLASS PO DUE 01/01133 STRP PRIN WO 02-05 ND 03-25-05 REPO P A I 0.0000 027 04101.105:00149 001 we EFTA01260518 ril 8 b.) b.) 0 -n C in r VIZTS£00- 019- ANGS BUR STBMINS OFFICE SERVICING YOUR ACCOUNT Bow. Steams & Co. Inc. 383 Madsen Avenue New Y0rk. New Yo ' 0179 16 N.> GUAM nwcooN vA.0LLY OmatO SuitelittUrf Us. Seers Semmes Cap. Or Ileettan Carter Moe ewe Vert 11201480 FINANCIAL (RUST CO INC $TA!OEWT Pt IOCO Meth 1,2005 TKROur..x match 31.2035 Transaction Detail (continued) INVESTMENT ACTIVITY (cMimed) SETRDAEMI MODE OATS OM IfyaSCTI0N DISCRInCel SYWW:uso Rummy ACC0Uvr rOMIR TAXPAYER 'a.a LAST STATEYENT PRICE con AMAMI February 28.2005 atm MAUR 03/28/05 PRINCFAL FEDERAL NATIONAL AIM ASSN 31393C2C6 .241.672 SERIES 2003-49 CLASS SW 4.350 DUE 01/25113 PATECIPAL REDUCTN 03-25-05 03/28/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 12.622.20 SERIES 346 CUSS 1 DUE 11/01/33 PRPI RJD 02.05 P/D 03-25-05 REPO P 6I 0.0000 03/28/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 25.244.40 SERIES 346 CLASS 1 CUE 11/01/33 PRIN R4)02-05 P/0 03-25-05 REPO P 6I 0.0:00 03/28/05 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 59.227.25 SERIES 346 CLASS 1 WE 11/01/33 PRW WO 0245 P/D 03-2545 REPO P 5I 0.0000 03/28/05 PRINCIPAL FEDERAL NADONAL MTG ASSN 3136FCBC9 97.093.85 SERIES 346 CLASS 1 DUE 11/01/33 PRM RID 02-05 PM 03.25-05 REPO P a I 0.0000 03/28/05 PRINCIPAL FEDERAL NATIONAL MIS ASSN 3136FCKC9 85.727.46 SERIES 352 CLASS 1 0.001 DUE 07/0 4 ARM WO 02.05 P/O 03.2545 REPO P AI 0.0000 03/30/05 03/28/05 SOW FEDERAL NATIONAL MTG ASSN 31315FCLD6 -14,252.296 28.34375 3.754.589.32 SERIES 353 CLASS 2 DUE 07/01/2034 05.000% ACCR. M. 57.405.08 0967027711099 REF At 2005032857120000 85 ACCRUES ON 1St PAYS ON 25TH on 0031/050.40 001 YO711 EFTA01260519 L06£ZZOO-V.Ld3 C) 0 F I C in z r _ SIZTS£00 IND ANGS BEAR STEARNS OFFCE Wettest YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Manson Avenue New Yoh New York 10179 17 o 40 Transaction Detail (continued) IN RARER Meittran 03 WRCTAY 010.0) SuBSOATRY Star Sinn SAWN.. Cap One Mencatn Cater *NM Near Tali 11201.3959 CO INC STATEMENT MGM Mardi 1.200$ TTMOUOm parch 31, 2005 ACCANN1 WAS TAXPAYER wan On Fig INVESTMENT ACTIVITY (continued) us, STATEMENT Fetruvry 25.2005 SEITUAWn flux 0Alt CIAIE TRIMEACTIOR CESOMMON VIABCYCIISP WARM! MCA COS1 AMOUNT CREW VACANT 03/30105 03/28/05 BOUGHT FEU HOME LOAN MTG CORP*S10110 31282VDP1 9.755.215 23.90625 2332.106.23 SERFS 228 CLASS 10 ACCR. INT. 47,150.21 DUE OV01/2035 06.00015 0987027711099 REF it 2005032857110000 BS ACCRUES ON 1ST, PAYS ON 25n1 03/3115 TOTAL JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCLD8 SERIES 353 CLASS 2 5.000 DUE 07101134 3-412.406.610.51 S273,687.675.03 INTEREST DATE OESCAPROM snacucus• RUMMY RATE 00 OW /JAM !RENT *OI$1T 03001/05 AVG BAL 880.06ORT 1.799 1,203.50 021 CAME INTERIM 0206 03/1505 TEDL HOME LOAN MEG CO0,0510109 31282YDN6 5.0000 24.673.31 SERIES 227 [LASSO DUE 12/01/2034 LOCO M RA 02-05 leD 03-15-05 REPO P a I 5.0000 03/15/05 FEDL HOME LOAN MTG CORN/510109 31282VDN6 5.0000 57.571.07 SERIES 227 CLASS 13 DUE 12/07/2034 5.000 M *10 02-05 Pi0 03-15-05 REPO P a I 50200 03121/05 GOVERNMENT NATIONAL MTG ASSN 3837411767 4.3510 16.594.20 SERIES 2004.5 MSS PS DUE 02/20/2033 4.351 riT RIO 02-05 Pio CO-20-05 REPOP&I 43518 027 04,01.06:0k0 001 VATS EFTA01260520 CLEARED TWICUGH RS voIsis CrATIO SLOISCIARY BEAR STURNS OTC( SERVICING YOUR ACCOUNT B9N. Steams & Co. Me. 383 Madison Avenue Not 10179 It. Smarts Swats Os. (Ve lissoloch Caw tan Procler. Pies In 11201411S9 FINANCIAL TRUST CO INC 18 NAP Transaction Detail (continued) INTEREST (coreinued) DAR OS VMS SWIX/040 COMMON WE M DOR masa sTATFAckT ettsM Mach 1.2005 TkeOL*N March 31.2005 Kea:NT waits ThsvANTA raAMIA Co Cie LAST STATOMR Setaary28.2005 mon AVOW 03/21/05 GOVERNMENT NATIONAL MFG ASSN 38374FD87 4.3510 63.827.43 SEWS 20044 0.4.55 PS DUE 02/20‘2013 4.351 0 PIT W00205 WEI 03-20-05 REPO P & I 4.3518 03/21/06 GOVERNMENT NATIONAL MTG ASSN 38374FD87 4.3510 80.146.94 SERIES 2004-5 CLASS PS m DUE 02/20/2033 4,351 iNT PA) 0205 FYD 03-2005 REPOP4I 4.3518 03/28/05 FANNIE MAE CMOISERIES 2003.13 31392/082 5.3500 120.062.77 ci S Rat4A3 FLTR CUE 0325/2033 5.350 m NT WO 02-05 P003.2505 REPO P 4. I 5.3930 03/28/05 FEDERAL NATIONAL MTG ASSN 31393C2C6 4.3500 49,185.22 SERIES 2033-49 CIASS SW DUE 0125/2033 4.350 H INTEREST PAYMENT 03-25-05 03/28/05 FEDERAL NATIONAL MTG ASSN 31351CLO6 5.0000 119.803.93 SERIES 353 CLASS 2 DUE 07/01/2034 5.000 r Wr WC, 02-05 RD 0325-05 REPO Psi 5.0000 03/28/05 FEDERAL NATIONAL MTG ASSN 3136FCLO6 5.01100 139,771.25 SERIES 353 CLASS 2 CUE 07/01/2034 £000 cm R002-05 P003.2505 REFo P I 5.0.300 TOTAL 5571.839.62 9IZTSEOCIND- ANGS C27 vets EFTA01260521 606aZOO-Vin 0 m cim H r LIZTS£00 IND ANDS BUR STUNRNS OFFICE SERMCPIG YOUR ACCOUNT Bear, Steams & Co. Inc. 383 maetson Avenue New York V ck 0179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Stearns& Co.InC. WAIPAIN1 MAX Oaf DAM 014443/1470M OtSCRATKel SOPOCACIOP OMAR Of 4,1 MOUNT MICA AliOUNT 03/01.05 JOURNAL UNITED STATES TREASURY BONDS 912810FP8 3,000.000 3.322.500.00 FITM F0530651 A2 5.375 CUE 02/15/31 TERM REPO AGREEMENT 03/01/05 INTEREST UNITED STATES TREASURY BONDS 9128101P9 1,588,0E DUE 02/15/2031 5.375 !TIM F0530651 At REPO INTEREST 03101105 JOURNAL GOVERNMENT NATIONAL MEG ASSN 38374FDB7 4,303.030 µ SERFS 2034402/20 CLASS PS 4.351 DUE /33 RIM F0403143 A2 TWA REPO AGREEMENT 0304/05 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374EDB7 4,300.000 444.000.00 SERIES 20044 CUSS PS 4351 OM 02/2003 FILM F0633139 Al REPO AGREEMENT 03104/05 JOURNAL UNITED STATES TREASURY NOTE 9128280M9 30.000,000 — 26475.000.00 Flea F0490624 AZ 4.000 DUE 03/15/15 TERM REPO AGREEMENT 03.04615 JOURNAL UNITED STATES TREASURY NOTE 912828DM9 .40.000.000 38200000.00 FTIM F0630588 Al 4 000 CUE 02/15/15 ROO AGREEMENT 03/0405 INTEREST UNITED STATES TREASURY NOTE 912828DM9 23.645.50 CUE 02/15/2015 4.000 MIA F04906 AZ REPO INTEREST 24 03107105 JOURNAL UNITED STATES TREASURY NOTE 91282801019 -35000.003 34,125,000.00 RIM /0660335 Al 4.000 CUE 02/15/15 REPO AGREEMENT CLEARED 11111C4X4e rrs woott Own= 844.1401•Av ant sans senates COP. One Veyeeof Caner P4:03 New Yen 112.01.3339 FINANCIAL TRUST CO INC earpeeT P0000 Match 1,2005 neROUCH 14arch 31. 2005 Mow ol NUMBER TAXPAYLIE WAWA FOP LAST STATVANT roomy 262005 021 outreasoc49 om 1829 EFTA01260522 CI.F.AMEO Twig:000H ne 'MOW( 01040 80980vire Ol6EZZOO- V.L43 0 -n C rn r 8TZISECIO IN9 ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Rear. &earns 8 Co. Inc. 383 Madison Arena NON York. New To* 10179 20 ono Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SETTLEMIXT MN WE 081E littlISACMPI Dr.5011.11081 SIWOLOWSIP 01.001Tv OEM MOUNT 0347/05 JOURNAL UNITED STATES TREASURY NOTE 9128280449 40.000.000 38.800.000.00 Him F0630588 A2 4.000 Out 02/1915 TERM REPO AGREEMENT 03/07/05 INTEREST UNITED STATES TREASURY NOTE 9128280M9 1.584.33 F DUE 02/#15/20 06305 15 88 A2 4.000 REPO INTEREST 8.w. SrNne Secuirel Co. Cne Meutaxn Germ kith twit" W. Volt 1120/4859 FINANCIAL TRUST CO INC srAiwpc scitoo March 1.2006 71490Jrai meth 31.2005 AMOINT I4LNIER TAXPAYER htikeER On /11e AS STAITUP.7 illinary 28. 2005 MECO Meal 03/09/05 JOURNAL UNITED STATES TREASURY NOTE 912828DM9 35.000.000 30.125.000.00 FM F0660335 A2 4.000 ME 02/15/15 TERM REPO AGREEMENT 03/09/05 JOURNAL UNITED STATES TREASURY NOTE 912828DM9 -40.000.000 38,500,000.00 FTTM F0680720 Al 4000 DUE 02/105 REPO AGREEMENT 03109435 DELIVERED UNITED STATES TREASURY NOTE 9128280/6 -8.000.000 7.990.000.00 3.125 DUE 01COE0 /3 1/20071/07 3.125 1/3 FITM F0540900 /1.2 TERM RESALE AGREEMENT 0309,05 RECEIVED UNITE() STATES TREASURY NOTE 9128280)6 8.000.000 7.990.800.03 DUE 01131/2007 3.125 3.125 DUE 01/31/07 FiTm F0640000 A3 TERM RESALE AGREEMENT 03/09/05 INTEREST UNITED STATES TREASURY NOTE 912821384.19 2.644.69 WE 02/15/2015 4.000 Fins F0660335 REPO MEREST 03/09/05 INTEREST UNITED STATES 'URFA& MY NOTE 912828016 5.168.87 CUE 01/31/2007 3.125 Him F06409120 A2 RESALE INTEREST 027 0.01.106.1tat 001 VNe EFTA01260523 IlaZZOO-V1.43 0 0 m C in r _ 6TZTSECIO INS ANGS BEAR STEARNS OFFICE SERVICENG YOUR ACCOUNT Bear, Steams & Co. Inc. 383 Ma6Son Avenue New York. New Yoh 10179 21 ac Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (0openueci) CLANIED TOTOWA ITS vfmO. Owe SuBSCIARA Sear. Pen Secuibn Cap. One mimeo CAIN Nell Swam Pew at 20 .10S0 FINANCIAL TRUST CO INC sunup/a PE 0O Myth 1.2605 TIMOUOM With 31.2006 ACC/.MT WISER TAAPAVER NASA LAST froADOCNT Tetruary 28.2005 St711.O4:147 MIX OW OATE TRANSICTION (ASCRIPTION SYMOIDUCLISA CPS OM ALMA CROAT 'AIWA 03109)05 INTEREST UNITED STATES TREASURY NOTE 9128280/8 6.166.87 Da 01131/2607 3.125 FIlM FOS40900 A3 RESALE INTEREST 03t10105 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWES -11.014,443 7.646.030.00 SERIES 329 CLASS PO DUE 01)01/33 STRIP ATM F0693164 Al REPO AGREEMENT OM MS JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 11.014,443 8.514.000.00 SERFS 329 CLASS PO DUE 01/01/33 STRIP MA F0413328 AZ TERM REPO AGREETAEM 03/10/05 JOURNAI. FEDERAL NATIONAL MTG ASSN 3136FAWE6 -13.137.594 9.120.000.00 SERIES 329 CLASS PO DUE 01/01/33 STRIP FITM F0693180 Al REPO AGREEMENT 03/10,06 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWEi3 13,137.594 9.695.000.00 SERIES 329 GLASS PO OUE 01/01/33 STOW FILM F0593200 AZ TERM REPO 0.GREDADIT 03/1010.5 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FC8C9 3.180.365 SERIES 346 GLASS 1 DUE 11/01/33 FIN F0593290 .42 TERM REPO AGREEMENT 03n 0105 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 -3,160,365 2.202.000.00..._. SERIES 346 CLASS 1 DUE 11/01/33 WM TC693190 Al REPO AGREEMENT 027 0410107(10:071.W1 NIX EFTA01260524 rn 8 IJ IJ IJ C) -n C rn z r OUTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Rear. Stearns E. Co. Inc. 383 MadIsco Avenue New Yak, New Ted 10179 22 a a: Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (COntilue40 CLEAFNO 1)004.Cre rra nesaz.v Omar) sunCivAnr Sta Swann One Mereakei Gorr vorth Net Yet 112014159 FINANCIAL TRUST CO INC CATMINT PERO° March 1.2005 Twouam much 31.2005 *Rea Maine TAIPAYMI mumben TAIT STATANNT February 28, 2005 SITTLIINKT IMOC OAT! TITNAIACTICN Liana. SYMMUOAse OUNarrr DEW Pala Ca AMOUNT 03/10105 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 352 CLASS 1 0,001 DUE 07/01(34 MU F0693182 AI REPO AGREEMENT 3136FCKC9 4,978.135 3395.000.00 WOW JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 352 CUSS 1 0.001 DUE 07/01/34 WM F0413299 A2 TERM REPO AGREEMENT 03/10/06 3136FCKC9 4,978.135 3,784,000.00 INTEREST FEDERAL NATIONAL IATG ASSN 3136FAWE6 7,466.69 SERP RES 329 CUSS PO ST DUE 0101/2033 CLOCO RIM F0693200 AZ REPO INTEREST 03/10/05 INTEREST FEDERAL NATIONAL MEG ASSN 3136FAWE6 18.47538 SERIES 329 CUSS PO STRP DUE 01/0112033 0,000 Finn REPO INTEREST F0413328 AZ 03110/05 INTEREST FEDERAL NATIONAL MEG ASSN 3136FCKC9 8211.28 SERIES 352 CUSS 1 DUE 0701/2034 0.001 FILM F0413299 A2 REPO MEREST 03/14/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 -5.213,713 3.608,CO3.00 SERIES 346 CLASS 1 DUE 11,01/33 FRM F0713338 Al REPO AGREEMENT 03/14/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 5.213.713 3.972.000.00 SERIES 346 CLASS 1 DUE 11/01/33 MA F0463248 A2 TERM REPO AGREEMENT 027 0031/0603.• EFTA01260525 BEAR STURNS OFFICE SERVICING YOUR AODYINT Sew. Steam b Co. Inc. 383 Madson Memo New Yok. New l2(1( 10179 23 v.. Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) m SEnunor nuzi Out 03/14/05 03/14/05 03)14/05 C m 03/14105 H 03/14/05 r 03/15/05 03t15105 TZZTS£00- 019- ANGS I8 IJ IJ ICAcSICTION 0415018.11q. JOURNAL FEDERAL NATIONAL MTG ASSN SERES 352 CLASS 1 0.001 DUE 07/01/34 FITM /0693162 A2 YEW REPO AGREEMENT DEUVERED UNITED STATES TREASURY NOTE DUE 01/31/2007 3125 3.125 DUE 01/31/07 HIM F0640900 A4 TERM RESALE AGREEMENT INTEREST FEDERAL NATIONAL MTG ASSN SERIES 346 CUSS 1 DUE 11,01/2033 0.000 TOM 10463248 A2 REPO NIEREST INTEREST FEDERAL NATIONAL MTG ASSN SERIES 352 CUSS 1 DUE 07/01/2034 0.001 FEU F0693182 AZ REPO MEREST INTEREST UNITED STATES TREASURY NOTE DUE 01/31/2007 3.125 FTTIA 10540900 A4 RESALE INTEREST JOURNAL GOVERNMENT NATIONAL MTG ASSN SERIESDUE 2004-5 CUSS PS 4.351 02/20/33 ETNA 10743467 Al REPO AGREEMENT JOURNAL GOVERNMENT NATIONAL MTG ASSN SERIES 20044 GLASS PS 4.351 DUE 02/20/33 TEM F0833139 A2 TERM REPO AGRf maw CLEARED DIROVOni OS InI4OUy OMICO SUSSOORY SW San Swan Co, Ore lacacCech C— t ool*. Stn Vent 1120141S9 FINANCIAL TRUST CO INC ITATD.Or PERICO March 1.2035 INROLCut Marth 31.2005 ACCetert I4LOAMR TAXPAYOR OAXACA On file can STAMM!! refrury 28.2005 ViniC4XUSIP OUMRIY O MOM! CROY! MatouN1 3136FOCC9 4.978.135 3.395.030.00 9128280/6 -8,000,003 7,990,000.00 3136FC8C9 8,311.41 3136F0(03 1,131.67 9128280/6 7339.20 38374F087 -4.300,000 38374FD87 4.300.000 444,000.00 027 0401.0kOkell 031 Olt EFTA01260526 CLEARED MOM.. ITS %smear Ontet0 SuSSAVARY tI02700- V.L.43 0 -n z C rn z r ZZZIS£00 IND ANGS BEAR STURNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Maclulu Avenue New York. New Yon( 10179 24 oi Transaction Detail (continued) Bear Swann SOSIESS Grp. Ole Meintech Caw Roth liroothn. Ism Tat 1120/3/69 FINANCIAL TRUST CO INC STAMENS PEP= Minh 1. 2005 Minh 31.2005 ACV-Ant mutat TAXPAYER NAM. On FIR REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) LAST ST MVO February 28.2005 smarm TRADE DAR DATE TRAMICON cootim0N simoucuse crairtIn 01911 AlaCtP0 CWIET MOUNT 03115/05 RECEIVED UNITED STATES TREASURY NOTE 9128280F4 175.000.000 174.562.500.00 DUE 12/31/2006 /063.000 3.000 DUE 12/31 MA FD740909 Al RESALE AGRED4ENT 03/15/05 DELIVERED UMTED STATES TREASURY NOTE 9128280F4 -200.000.000 200.000.000.00 DUE12/312006 3.0:0 3.000 DUE 12/31/06 FIT/A 10550686 A2 TERM RESALE AGREEMENT 03/15105 INTEREST GOVERNMENT NATIONAL MEG ASSN 383741087 400.22 SERES 2004-5 CLASS PS DUE 0220 F0633119 2033 4.351 FA A2 REPO MEREST 03/15/75 INTEREST UNITED STATES TREASURY NOTE 912828014 243.94444 DUE 12/31/2006 3,000 FITM F0550686 A2 RESALE INTEREST 03/TWOS JOURNAL FEDERAL NATIONAL TOG ASSN 3136FAWE6 11.014,443 7,646,000.00 SERIES 329 CLASS PO DUE 01/01/33 STRIP MI 10693164 PL2 TERM REPO AGREEMENT 03/16105 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 13,137,594 9120000.00 SERIES 329 CLASS PO cur ovolia3 STRP TOM F0893160 A2 TERM REPO AGREEMENT 03/16.05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FAWE6 -16.269.480 11.248.000.00 scats 329 cuss Po SDuE TRIP 01/01133 MA 10753215 81 REPO AGREEMENT 027 C.01/06.01.49 COT EFTA01260527 rn 8 IJ IJ -n in r EZZISEOCIN9- ANGS BEAR STEARNS orra SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc 383 Madison Avenue iI itsi T tie rk 10179 25 ON 0.EARED TM:MN NS EALCALY MANED SLAMMARY Sam Myr. senates Cup. ens lan.9.99% Cote REM (Vcciesn Sew St NE 839 FINANCIAL TRUST CO INC STATEMENT ribt09 With 1.2005 134t0u3N Merck 31. 2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (Dont/rued) SETTLDMIT MIX DATE DAM IIMSSACMCW DESOMMEN STEIBOLECUS• MUMMY ton MOW ACCOUNT sweet TAXPAYDI LAST STATESMAN Newry 26.2035 CRUM AMOUNT 03/16105 JOURNAL FEDL HOME LOAN MTG CORPMS10110 31282YDP1 -9.755,215 2,013.000 00 SERIES 228 CUSS 10 6.000 DUE 02/01/35 NM F0753215 Al REPO AGREEMENT 03/16105 JOURNAL UNITED STATES TREASURY NOTE F117.1 F0750930 Al 9128280M9 -30.000.000 28.850.000.00 4.000 DUE 02/11/11 REPO AGREEMENT 03/16.105 JOURNAL UNITED STATES TREASURY NOTE 9128280M9 40.000.000 38,500,000.00 F1114 F0680720 A2 4.000 DUE 02115115 TOW REPO AGREEMENT 03/1695 INTEREST FEDERAL NATIONAL MEG ASSN 9.5269 329 CLASS PO 3136FAWE6 3,823.00 SEW CUE01/01/2033 0.000 FITM F0693164 A2 REPO MEREST 03/16105 INTEREST FEDERAL NATIONAL MT6 ASSN 3136FAINE6 4,560.00 SE STRIP RIES 329 CLASS PO DUE 014)112033 0.000 FILM /0693160 A2 REPO INTEREST 03/16/05 INTEREST UNITED STATES TREASURY NOTE 912828Dm9 6.684.03 DUE 02/15/2015 4.000 FITM F0680720 A2 REPO MEREST 03/18105 JOURNAL FEDERAL NATIONAL MEG ASSN 3136F03C9 -201.103 SEWS 346 CLASS 1 DUE 11101/33 FIN F0773246 Al REPO AGREEMENT tm TwouDexam MM ion EFTA01260528 CLAW nitOtni. ns vMOLLY MILD BLISOLOW In 8 b.) IJ v2+ 0 -n C rn r PUTS£00-019-ANOS BEAR STEARNS OFFICE SERVICING =JR ACCOLeff Beat. Steam!, & CO. Inc. 383 Madison Avenue Milli CA 10179 26 a ip Transaction Detail (Continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (centiwed) PM. Yawns koalas Cap Cr* Untold., C._ Math Srobtfp). Wm en 20 .380 FINANCIAL TRUST CO INC s'Atexer PERIOD March 1. ZOOS mane 31. 2005 ACCOUNT mat* twiavER kviSER 4:0 Pie MST suttmeNT Prelnary 28.2005 nal MX OAR OAR 19.011SCIVI wane SIWOUCUSS WWI^. DWI MOW CREW /MOM 030805 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FC8C9 3.180.365 2.202.000.00 SERIES 346 CLASS 1 WE 11.01133 FONT F0693190 A2 TERM REPO AGREEMENT INTEREST FEDERAL NATION* MTG ASSN 3136FCBC9 1,468.00 SERIES 346 CUSS 1 DUE 1110112033 0.000 HIM 10693190 A2 REPO INTEREST O3/1805 03/2105 JOURNAL FEDERAL NATIONAL MEG ASSN 3136FC8C9 201,100 SERIES 346 CUSS I WE 11/0143 MA F0773246 At TERM WO AGREEMENT 03/21/05 JOURNAL FEDERAL NATIONAL MEG ASSN 3136FC8C9 1556.665 SERFS 348 CLASS i DUE 11/01/33 HIM F0803161 Al REPO AGREEMENT 03/21/05 JOURNAL FEDERAL NATIONAL MTG ASSN SERIFS 346 CLASS 1 WE 11/01/33 HIM F0563270 A2 TERM REPO AGREEMENT 03/2005 RECEIVED UNITED STATES TREASURY NOTE 912828014 50.000.000 49.875.0:0.00 DUE 12/31/2006 LOCO 3.000 DUE 12/31/06 EOM F0600899 Al RESALE AGREEMENT 03/21105 DELIVERED UNITED STATES TREASURY NOTE 91282833F4 -175=000 174.562.500.00 DUE 12/31/2016 3.000 3.000 WE 12/31/06 Frrm 10740909 A2 TERM RESALE AGREEMENT 3136FC0C9 1.355.565 1.000.000.00 022 0031/OLOOS COI W76 EFTA01260529 L I 6EZ ZOO- Vida 0 -n C rn z r SZ Z.( SE00 IND ANUS BEAR SIBMINS OMCE SERVICR4G Yarn ACCOUNT Beer. Steams & Co. Inc. 383 MedSai ATerco Now Yo& New Ycck 10179 27 o Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (contnuel8 CLEADED DROVER ITS WrI0U.Y ODWED SuBSOTOrr sew. &arra S*Dnies Cn One ineranii Coin Myth Don r 11201.3430 FINANCIAL TRUST CO INC STATINENT PERIOD Meath 1.2005 TEROJOH Niro 31.2005 ALCOVE' MADER ToarRYCR DurffiER Cc, Elk VDT STAnSVENT rebury 28.2005 SEDSDADIT TRAM an DATE TRIMUCTIM OEStaPICRI smeu.ca DUINEWt DEBff AVOW CEEDO MOW 03/21/05 JOURNAL UNITED STATES TREASURY NOTE 912828DM9 30.000.000 28,650,000.00 FMA F0750938 A2 4 000 WE 02/15/15 TERM REPO ACRED.IDIT 03/21105 JOURNAL UNITED STATES TREASURY NOTE 9128280M9 -56.000.000 53,830,000.00 ATM FOT300875 Al 4.000 COE0205/1S REPO AGREEMENT 03/21/05 INTEREST FEDERAL NATIONAL MTG ASSN 3136FC9C9 1,926.67 SEWS 346 CLASS 1 WE 11/01/2033 0.000 FITIA F MERES 0663210 T 832 RE PO 03121835 INTEREST UNITED STATES TREASURY NOTE 9121328Cf4 71,473.65 WE 12f31/2006 3.000 RDA F0140909 A2 RESALE INTEREST 03/21/05 INTEREST UNITED STATES TREASURY NOTE 9128280M9 10.035.46 DUE 02/15/2015 4.000 RIM F0750938 A2 REPO INTEREST 03/22105 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374F087 4.300.000 SERFS 2004-5 CLASS PS 4.100 DUE 02/20033 RTM F0143467 A2 TERM REPO AGREEMENT 03/22/05 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374FDB7 4,300.000 427.00000 SERIES 2004.5 CLASS PS 4.100 DUE 0200/33 FILM F0813290 Al REPO AGREEMENT 03/22M5 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FELD6 -14,252.296 3.322.000.00 SEMIS 353 CLASS 2 5.000 WE 01/01/34 FIrm F0613184 Al REPO AGREEMENT 027 0401006.03,49 001 V874 EFTA01260530 CLEARED TRIOVON ITS wHOLLY &NEC SUOSIYARY 8I6EZZOO- V.L.43 0 -n rn r 9ZZIS£00 IND ANDS BEAR STEARNS OMCE SERviCalt YOUR ACCOUNT Beer. Steams la Co. Inc. 383 Madison Avenue New Yak. New York 10179 28 ar. Transaction Detail (continued) ewe sun Stones Cam menxea• Caner Nona ova Pen Rik 11201.1449 FINANCIAL TRUST CO INC funkier HMCO March 1.2005 114CM3H March 31.2005 ACCOUNT KAMER TAsPAvER NUNSCR 00 FM REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) tar rramerr Fetaary 28.2006 511110.100 DAR MOE DM 0w4SACTON DISCRIPDON 5618CMCUSP OJMITUY CUM /MOM CSKOr1 AmOuN1 03/22/05 JOURNAL FEDERAL NATIONAL LUG ASSN 3136FCLD6 14,252.296 3,322,000.00 SERIES CLASS 2 5.000 CUE07/01/3A Mu F0813164 A2 REPO AGREEIADO 03/22/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCLD6 .14,252.296 3.322.000.00 SERFS 353 CIASS 2 SECO DUE 07/01/34 FONT F001314.4 AS REPO AGREEMENT 03/22/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136ECID6 -14,252.296 3,400.00080 SERIES 353 CLASS 2 5.000 DUE 07/01/34 Mu F0813164 A3 REPO AGREEMENT 03/22/06 JOURNAL FEDERAL NATIONAL MEG ASSN 3130C11/6 14.252.296 3.400.000.00 SIRES 353 CLASS 2 5.000 DUE 07,01/34 Fine F0013161 M REPO AGREEMENT 03/22/05 JOURNAL FEDERAL NATIONAL MEG ASSN 3136FCLC15 28.504.592 6.406.000.00 SERIES 353 CLASS 2 5.000 DUE 07/01/34 Dim F0133284 88 TERM REPO AGREEMENT 03722105 JOURNAL FEDL HOW LOAN MTG CORP4M10110 31282Yr:471 -9.755.215 2,018,000.00 SERIES 228 CLASS 10 6,000 CUE 02/01/35 MIA F0813166 Al REPO AGREEMENt 03/22/05 JOURNAL UNITED MATES TREASURY NOTE 9128280149 .30000.000 28,030,000.00 FONT F0810394 Al 4.000 DUE 02/15/15 REPO AGREEMENT 03/2205 JOURNAL UNITED STATES TREASURY NOTE 912828045 56.000.000 53,830,000.00 FITAI F0000875 4.2 4,000 DUE 02/15/15 TERM REPO AGREEMENT 027 omoussen 001 1,1176 EFTA01260531 6I6EZZOO-V.L.43 0 -n C rn r _ =SEGO IN9 ANGS BEAR STEARNS OFFICE SEFMCING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 29 €4.. Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS Bonenued) SETILIDEINT MOE DATE DATE 1PRISACTON uscesnoic SWaoixim CILDIDITY DM MWIT CREDIT NAOMI 03/22/05 INTEREST FEDERAL NATIONAL MTG ASSN SERIES 353 CLASS 2 3138FCLO6 34.80064 CM 07/01/2034 5.000 FM F0133284 B8 REPO INTEREST 03/22/05 INTEREST UNITED STATES TREASURY NOTE 9128280919 3387.72 DUE 02/15/2015 4.000 FTIM F0003875 A2 Km MEREST 03/23/06 JOURNAL FEDERAL NATIONAL MTG ASSN SERIES 353 CLASS 2 3136FCLD6 14.252.296 3,322,000.00 5.000 DUE07101/34 BEM F0913164 M TERM REPO AGREEMENT 03/23/05 JOURNAL FEDL HOME LOAN MTG CORP.510109 31282Y0N6 13.731.183 SERFS 227 CUSS TO 5.020 DUE 12/01/34 FM F0473174 At TERM REPO AGREEMENT 03/23/05 JOURNAL FEOL HOME LOAN MTG CORP•510109 31282YDN6 5.884.792 MIES 227 CUSS TO 5.000 CUE 1201/34 FITM F0483188 A2 TEM REPO AGREEMENT 03/23435 JOURNAL Fox NNE LOAN MTG CORMS10109 31282YDN6 -11,279,186 SERIES 227 CLASS ID 5.000 DUE 12/01134 Mm F0823310 Al REPO AGREEMENT 03/23/05 JOURNAL FEDL HOME LOAN MTG COMMS10109 SERIES 227 CLASS 10 31282Y0N6 -8.336.790 2.032.000.00 C7CAREO Telf107701 ITT WW1 OWTED StAnewAy Mr. Sown ktunin LMMernecn erne Nan bat." New Yn 11207.3539 FINANCIAL TRUST CO INC STATµENT PER100 Myth 1.2005 2/150110,1 Mirth 31.2005 ACCOWT KRIM To5PArest µApt On Fie LAST STAMM!! rectum 28.2005 $000 DUE 12/01/34 ATM F0823312 Al REPO AGREEMENT 027 0001/06.0040 CO1 Mlt EFTA01260532 CLEARED THROUGAI ITS WHOLLY CANED SLIESIXARY Fn 8 IJ -n C in r 8ZZISE00- 019- ANGS BEAR STEARNS OFFICE SERVIC2C YOUR ACCOUNT Flew. Steams & Co. Inc. 383 Madeon Aveoue New York. New York 10179 30 SAc Lint. Donis Seefiks CaeD Ore Ihnotedi COMM Haw W0010" Nt• THE II201.1850 FINANCIAL TRUST CO INC STATEIIENT REMO MIRO I. 2005 ywouom myth 31. 2035 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) ACCOUR7 roNeaR TAAPAYER WADER lif itM LAST STATEDERT retrUary 28 2005 SEDI.04740 DAZE TRADE Mt( IRMISACTRAI DESCRIPTEN ETRIOUCUS. away 0180 WORN, aeon ASKANT 03/2305 INTEREST FEDERAL NATIONAL MTG ASSN 3136FCLEN3 263.91 SERIES 353 CLASS 2 IRE 0710112034 5.0)0 MN F0813164 AG REPO MEREST 03/28/05 JOURNAL FEDERAL NATIONAL MTG ASSN 3136FC8C9 677.782 SOOANNICO SERIES 3-45 CUSS I WE 11431/33 RDA F0593279 AZ TERM REPO AGREEMENT 0312805 /DIURNAL FEDERAL NATIONAL MTG ASSN 3136FC8C9 477.782 SERES 346 MASS 1 DUE 11101(33 FRIA F0873354 Al REPO AGREEMENT 03128/05 MEREST FEDERAL NATIONAL MTG ASSN 3136FC8C9 1,13656 SERIES 346 CLASS 1 WE 11/01/2033 0.000 Fum ]e AZ REPO MEREST EREST 03129/05 JOURNAL GOVERNMENT NATIONAL MTG ASSN 38374FD87 4.300.000 SERES 20344 CLASS PS 4.100 DUE 0212033 FONT F0693205 Al REPO AGREEMENT 03/29)05 JOURNAL GOVERMENT NATIONAL MTG ASSN 38374F087 4,300.000 427,000.00 SERIES 20044 CUSS PS 4.100 DUE 02/2043 FM F0813290 A2 TERM REPO AGREEMENT 03/29/05 INTEREST GOVERNMENT NATIONAL MTG ASSN 38374F087 253.23 SOWS 2004-5 CLASS PS DUE 02/20/2031 4.100 Rim F0813290 A2 REPO MEREST 027 OugnAkbeewe OM vend EFTA01260533 rn 8 IJ 1,) `33 1,) BEAR STEARNS OFFICE SERVICING VIM ACCOLNT Beer, Steams & Co. Inc. 383 Madison Avenue 10179 31 aro Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (openued) 0 -n SEITLEMDIT 22202 OAR OATE 03130035 03/30105 03/30105 C in 03/30105 03/30/05 r 03/30/05 03/30/05 6UTS£00- 019- ANGS 0100ACIICH 0130011120 JOURNAL FEDERAL NATIONAL MTG ASSN SERES 353 CLASS 5.000 DUE07/016e2 ATM FOBB3150 61 REPO AGREEMENT JOURNAL FEDERAL NATIONAL MTG ASSN SERFS 353 CUSS 2 5 000 DUE 07/01/34 Film F0693160 62 REPO a JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 353 CLASS 2 5.000 OBE 07/0144 WM 70893160 B3 REPO AGREEMENT JOURNAL FEDERAL NATIONAL MTG ASSN SUES 353 PASS 2 5.0:0 DUE 07A)1134 FTDA F0893160 64 REPO AGREEMENT JOURNAL FEDERAL NATIONAL MTG ASSN salts 353 CLASS 2 5.000 DUE 07/01/34 FTIM F0893160 05 REPO AGREEMENT JOURNAL FEDERAL NATIONAL MEG ASSN SERIES 353 CLASS 2 5.000 DUE 07)01/34 FRM F0283169 A4 TERM REPO AGREEMENT JOURNAL FEDL HOME LOAN MTG CORPeS10110 sERES 228 CLASS 10 6.090 DUE 02AM/35 ITV 70093160 AS REPO AGREEMENT MIMIC 314104334 rtS MOLLY 0/0.2J) eresowre boo. SseanS 5430ake. 0-e Iktr0140 Cella Hort" '1201.3859 FINANCIAL TRYST CO INC STA311/93.7 PE 100 3.Ufel 1.2005 1,1401.93•1 PAYth 31.2005 'erg MI MA UMW.. WWII On fie LAST IITAITheNT Fotruart 20. 2005 SYWOUCLISP WHAM 00.1 MOAT CREW 0000.0 3136FCLD6 49.003.061 4.429.000.00 3136FCL06 19.001061 4,429.00000 3136FCLD6 -19.003.061 4.429.000.00 313100106 19.033.061 4.429000.00 3136FCLD6 -19.003.061 4,429,000.00 3136K1D6 33.256.358 7,351400.00 31262VDP1 9.755.215 - 100.00003 021 0001.0001101 001 2072 EFTA01260534 CLEARED 0.110.101 ITS VOIOLLP CVNE31 SURStaRY rn 8 IJ U.) U.) Is) 0 -n C rn r 0£M£00 IA19ANCIS BEAR STEARNS OFFICE SERVCIUG YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New Yu*, Now Ted 10179 32 d•1 Transaction Detail (continued) 1w. Skeen Stones Opp Ore IhIeTolech Crier ton bpoitty, /./n/ et 20 4859 FINANCIAL TRUST CO INC STATIDIEW PEFOOD 5ISICP 1.2005 flea-0H Varth 31.2005 NM ACC0610 WIX•be TAXPAYER NuMER REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) tw roatwert retwory 26.2005 SOT DAW 1010E OAT( DATE TROPSICIENI DESCRIP11014 SITAIMUCUSP OUNITItt OEM ALCM CREW Mwa 03/30/05 JOURNAL FEDL HOME LOAN MTG CORPiPS10110 31282YDP1 -9.755.215 2.082.030.80 6,0 228 CLASS I0 6,003 DUE 02/01/35 REM F0893160 Al REPO AGREEMENT 03/30/05 JOURNAL FEDL NOME LOAN NTS CMPAS10110 31282YDP1 9.755,215 2.062.000.00 SERFS 228 CUSS C 6.000 DUE 0201135 MIA F0893160 A2 REPO AGREEMENT 03/30/05 JOURNAL FEDL HOME LOAN WS CORPAS10710 312826:P1 -9.755.215 SERIES 228 CLASS I) 6,000 DUE 0201135 FM F0893160 A3 REPO AGREEMENT 0313=5 JOURNAL FEDL HOME LOAN MTN 03RPAS10170 31282Y0P1 9.755215 VINES 228 CUSS 10 6.000 DUE 02A310 /35 MA F089316 A4 REPO AGREEMENT 3NTEREST FEDERAL NATIONAL MTG ASSN 3136KID6 35.623.76 SIRES 353 CLASS 2 ME07101/2034 5.000 Find F0283169 Al REPO !MEREST 03130/05 TOTAL S.544 732 894.06 5683 221.824.16 MISCELLANEOUS OAR *WY IRAX5ACIICTI 03/09/05 DELNERED OM MOW CREW AAIOUla FITM P00020653766 189.59 0215212820 POOL COUPON 4.0:00 FIIANCING NET (*AIRCO DDT Or/ 04,01/05,0OW 001 WO EFTA01260535 En I8 IJ IJ 11,2 C) z ii 0 m z J r TEZISECICIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns 6 Co. Inc. 383 Madison Avenue mos 10179 33 co AD Transaction Detail (Continued) MISCELLANEOUS (continued) OATS IOW ritAnACTION OLSCR$8110.8 03/11/05 JOURNAL OM SCUM MN awe FNMA 30Y2.GTD 201.367.18 SE1T. 03/05 5.50D DUE 0101/35 MRS ET ON 1/05 03/11/05 JOURNAL FNMA.30YR(ENMA)GTO 5171.03/05 5.000 DUE 03/01/35 MIS NET 03/1105 FNMA 30YR(FNMA) Gm SUL 0105 6.000 DUE 03/01/35 ES NET 03/14/05 113.281.25 03114/05 JOURNAL 34,375.00 0311505 JOURNAL FEB 05 SPEC CLEARING FEES 5.450.03 03/21/05 JOURNAL TO GADY MC 021-52128.F1 892.060.60 03/22/05 JOURNAL FR CMDY A/C 0214212E1 34.812,50 03/22/05 RECEIVED FEOERAL NATIONAL MTG ASSN SERE 353 CLASS 2 5.000 DUE 07/01/34 DUE 0701/2034 5.000 /Dm 9041020016352 0215212820 FAHNE MAE STRP POOL 0021445 COUPON 5.0000 FEDERAL NATIONAL MTG ASSN SERIES 353 CLASS 2 5.000 CUE 07/01/34 DUE 07/01/2014 5.000 FILM P00020916370 0215212820 FAElla MAE STRP POOL 0021445 COUPON 5.0000 FR CNC), NC 021-52128-11 267,100.00 FR CMOY MC 021-52128-F1 88.562.50 FR CNN A/C 021.52128-F1 6462.50 78.000.03 03/22/05 DEUVERED 78.000.00 03/23/05 JOURNAL 03/24/05 JOURNAL 03/28105 JOURNAL CLE•4110 MR01.04 RS .81.8832 OWNED 3808024ey 8822 Saris SecurGeS co Ole lAtimok2 Center horn issert 11201.3859 FINANCIAL TRUST CO INC $TATDAEN• PRISCO Mart8 1.2005 THROWN Match 31. 2005 Accouv, NVIMER 72.):822etil 4.40ze on Pie LAST nine!! Fan:my 2a. 2005 027 omumsanut 001 .1376 EFTA01260536 rn I8 IJ 1.2 10 1.2 0 -n rn r ZEZTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Amite 10179 New York, New Ycdc 34 en: Transaction Detail (continued) MISCELLANEOUS (cortnued) an 1409911 rRuemcnoN omaenoed 03/29105 JOURNAL OM masa 011:011 Alva FR CMOY A/C 021-52128-F1 69.662.50 03/30105 RECEIVED FEDL HOME LOAN MTG CORP*S10110 SERIFS 228 CLASS 10 6.003 DUE 0101135 DUE 02/0112035 LOCO FTDA PG0021028947 0215212820 FREDDIEIMC STRP P001.0034145 COUPON 6,0030 FEDL HOME LOAN MFG CORPOS10110 SERFS 228 CUSS 10 6.000 DUE 02/01/35 DUE 02/01/2035 6.000 FRP P00021028815 0215212820 FREDDIEIMC STRIP P0340334145 COUPON 6.0000 100.000.00 03/30/05 RECEIVED 2.062.000.00 03/3005 DELIVERED FEDI. HOME LOAN PMGCORPeS10110 100.000.00 SERIES 228 CLASS 13 6.000 DUE02/01/35 DUE 02101/2035 6.000 rum PG0021028952 0215212620 FRECCIEMAC STRP POOL 0034145 COUPON 6.0000 03/30/05 DELIVERED FEDL HOME LOAN MTG CORPtS10110 SERIES 228 CLASS 13 6.000 DUE 02/01135 DUE 02/01/2035 6,030 SIM PG0021028811 0215212820 FRECOIDMC STRP POOL 0034145 COUPON 6.0030 2.052,000.00 TOTAL S-3.452,158.93 52.751.164.59 CUM® THR.348314 ITS 94.101.0 0808.0 SUISSIOURY Bea. — Stan Cap. Cat Matted, On Math 119• Yen 11201.3859 MSS FINANCIAL TRUST CO INC SinChT HMCo Mirth 1.2005 laROIP311 Mecca 31.2036 ACCOUNT Nan navel natilt LAST STArnahl lattUaty 28.2005 027 C4011050949 001 1.176 EFTA01260537 m cim H r EEZTS£00- O1D- ANGS BEAR STEARNS OEM( SERVICING YOUR ACOXINT Beer, Steams & Co. Inc. 383 Modisco Avenue 10179 Trades Executed Pending Settlement SETTEuENT nu.DE DAR TIPANIACTCw OTSEnnow 04701/05 03/31106 BOUGHT MEOWS* 9128280F4 60.000.0:0.00 98.7304 49.742.306.20 UNITED STATES TREASURY NOTE DUE 12/31/2006 03.000%10 30 0988016192099 YIELD 3,755 % TO MATURITY GVER REF ♦ 60901002 AI GLEAM TkROLGI RS WHOLLY &*€D SueStaAY kr Swans koars Can. idetnath Cenci Nom mi t 11201-M69 FINANCIAL TRUST CO INC STAMMNT n1003 Mara 1.2005 1144:trai mato 31.2005 Arta Hr 4Limitrt TAxaalER MME/ On For LAST STATEI4EVY Ferules 29.2005 exam NCI o'er WOLNT MD" Alcorn 04.01905 0331705 SOLD UNITED STATES TREASURY NOTE 912828000 40.003.003.00 99.9140 29,977,292.52 DUE 03/31/2007 03.750% MS 31 09813015192099 MELD 3.795 % TO IMIURflY OVER REF 4 60901006 Al 04/01705 03/31/05 SOLD UNITED STATES TREASURY NOTE 912828000 -50.000.000.00 99.9140 4%962,154.20 OUE 03031/2007 03.750% MS 31 0989016192099 YIELD 3,795 %10 MATURITY GVER REF /60901006 Ell 04/13/05 03/14/05 BOUGHT FNMA 30YR GTD SA82290 10.000.000.00 97.7109 9,771,093.75 SETT. 0405 DUE 0001/2015 05.000% 0987280211332 REF • 2005031457200000 85 04/13/05 03/15/05 BOUGHT FNMA 301R GTO SA82290 20.000.000.00 97.5781 19.515,1525.00 SETT. 04/05 DUE 04012035 05.000% 0987135514332 REF • 2005031557140000 B$ 01/13/05 03/16705 BOUGHT FNMA 30YR Gm 5082290 5.000.000.00 97.9335 4,896,670.69 SETT. 04/05 DUE 04/01/2035 06.000% 0987016110332 RU V 2005031657130000 BS 04713/05 03/21705 BOUGHT FN1M 30YR GTD 5A22290 40.030.0:0.00 97.7500 39.100.000.00 SETT. 0005 DUE 04/0172035 05.000% 0037016110332 REF • 20050321571400:0 EIS 62 04010.40949 001 nn EFTA01260538 0 -n C rn r PEZTS£00-019-ANGS I8 IJ a+ BEAR STEARNS OFFKX SERVICING TINA ACCIANT Bear. Reams & Co. Inc. 383 Madison Avenue isms 10179 16 Trades Executed Pending Settlement (continued) WNW& TRADE DAR TPARSAC11314 09500P1131. 0013105 03/30/05 BOUGHT St1.190LCUS/P Can notOutai aS CuY atnaD SUSSOmAr Bes.3usre Stanton Cap. 0w1Aenaeat Ores No •91 11201.3959 FINANCIAL TRUST CO INC STATEleff PERCO Math 1.2005 AWN 31.2805 we. Kr Neuman TAxpAynt tame On Ile us, siAtextm idniery 21 2005 OUAMTIT PRICE DEW AMIN' Ma /Mourn FNMA 30YR GTD 5/082290 50.000.000.00 97.3984 48.699.218.75 SETT. 04/05 DUE 04/01/2035 05.000% 0987280211332 REF 0 2005033057320000 BS 04/13105 03/08/05 Seth FNIAA 30YR GID 5/082290 -10.000.000.00 98.4687 9.646.675.00 SETT. 04/05 DUE 04/01/2035 05.000% 0987016110332 REF 0 2005030858030000 BS FNMA 30YR GM 5/182290 -26000.000.03 98.5312 19.706.250.00 SETT. 04/05 DUE 04/0112035 05.000% 0967280211332 REF # 2005030857670000 85 FNMA 30YR GTO 5/62290 45.000030.00 97.9218 14.688.281.25 SETT. 0005 DUE 04/092035 05.000% 0987016110332 REF a 200503095738000D BS 04113/05 03/06/05 SOLD 04/13/05 03/09/06 SOLD 04113105 03/09/05 SOW FNMA am GTO SA82290 .20.000.000.00 97.9921 18598.437.50 SET*. 04405 DUE 04/01/2035 05.000% 0987021011332 REF 12005030957320000 BS 04/13/05 03/14/05 SOW FNMA 30YR GTO SETT. 04405 DUE 04/01/2035 05.000% 0967280211332 REF r 2005031457060000 85 55.82290 .20.000.000.00 97,6562 19.531.250.00 04/13/05 03/1806 SOW FNMA 30YR GTD 5/062290 -20.00D.00100 97.9101 19.582.031.25 SETT. 04405 DUE 04/01/2035 05.000% 0987016110332 REF • 20050318570MM* BS 027 0.01.10110.99 011 v676 EFTA01260539 rn 8 rJ rJ IJ 0 C in r SEZTS£00- 019- ANGS BEAR STEARNS WEE SERVICING YOUR ACCOUNT Beer. Stearns .5 Co. Inc. 383 Madison Mena New Yak. New York 10179 37 cr.° Trades Executed Pending Settlement (continued) SCITUNDIT TRACE OAR DATE SkIVIC DESCIVTON atatO T.8 8003m ES WattlY OANED MAMMARY MN. SIttre Sows Corp. 0,11/Eroutli Calm urn Elm vas 112014850 FINANCIAL TRUST CO INC STATEMENT /TROD With 1.2005 ISSOUSSi MESE 31 2005 Atw1JET SlANSER MOWER NINE/ LAST STAMEN- febn.ary 28 2005 SA410/8831. OLIWIITY MICE Cell &New CRIOT JAUNT 0013875 03/78/05 SOLD FNMA 30YR GTD 58782290 -20000000.00 97.9218 19.584.375.00 SETT. 04/05 DUE 0401/2035 05.000% 0987135511332 REF • 2005031857050000 BS 04/13/05 OV14/05 BOUGHT FNMA 30YR MD 58782291 5.000.000.00 100.1328 5,006,640.63 St-17.04M WE 048142035 05.500% 0997290211332 REF • 2005031157290300 as 04/13/05 03/16105 BOUGHT FNMA 30172GTD 58782291 5.000.000.00 100.2656 5,013,281.25 SETT. 04/05 DUE 04/01/2035 05.500% 0967021011332 REF 12036031167240000 BS 04/13/175 03/29/05 8OUGHT FNMA 30YR GTO SA82291 20.000.000.00 101.4843 20,296,875.00 SOT. 0405 DUE 01/01/2033 05.500% 0987135511132 REF IT 2005032957130000 65 AS OF 03/2905 04/13/05 03/30/05 BOUGHT FNMA 30YR GM SA82291 35.030000.00 99.8125 34,934,375.00 SETT. 04.05 WE 04/01/2035 05.500% 00870313T 7099 REF • 2005033057390000 RS 04/13/05 03/29105 CANCEL BUY FNMA 30YR GTO 58782291 20.000.000.00 101.4843 20.296.875.W SETT. NM DUE 0401/2035 05.500% 0997115514332 REF r 2005032957130000 BS AS OF 03/2905 01/13/05 03/08105 SOLD FNMA 30YR GTD SA82291 -10,000.000.00 100.7070 10.070.703.13 SETT. 04/05 WE 0401/2035 05.500% 0967011110132 REF * 2005030859150300 BS 027 0.101415.0.49 DOI EFTA01260540 rri 8 b.) V.) ,C+ 00 0 -n C in r 9EZTS£00- 019- ANGS BEAR STEARNS OFFICE 50WONG YOUR ACCOUNT Beet Steams & Co. Inc. 383 Wilson AVeni. New York New Yen '0179 38 o, 40 Trades Executed Pending Settlement (continued) 501104,0 MUM MR art TIONSACION DISCPSMCW 04/13/05 03/09/05 SCI.D MACLICUSIP 01.050 nOtOuOn Df venour CIRCO SUILSMIARY 944: Saar saws 0n. ML kientsh Ceres rim 'rotor. New vat 1170141.50 FINANCIAL TRUST CO INC STATDAFHT 0M00 March 1.2005 7M030.1 March 31. 2005 PCCOurn MAW TAXPAYER HAW On Fie LAST STATEMENT Febuary 28. 2005 Omer pRKE 0030 WO.M CAMIT MOM FNMA 30YR GM 5032291 46.000.01:0.00 100 2812 15.042.187.50 SETT. 04/05 DUE 04401/2035332 05.500% 7797115 REF • 2005030957390030 BS 0413705 03/09/05 SOLD FNMA 30YR MD SA82291 -20.CC0.030.00 100.3476 20060531.25 SETT 04105 DUE 04/01/2035 05.500% 0987135514332 REF • 2005030957280000 BS 04/13/06 03/29/06 SOLD FRMA•30YR/FNMAIGID 5082357 -20.033.0O3.00 101.7187 20,343,750.03 SE7104/05 DUE 04/01/2035 08.000% 0987135514332 REF • 2005032957090000 85 04113/05 03/30/05 SOLD FroMA-30TR(FNMA)GTD 5182357 .20000.030.CO 101.9218 20,384,375.00 SETT.04/05 DUE 0001/2035 06.000% 0987797115332 RU • 2005033057150003 BS 04/18/06 03/29/05 BOUGHT FNMA 30n2 GTO SA82291 20,000,000.00 101.4843 20290875.00 SETT. 04/05 DUE 04101/2035 05.500% 0987135514332 RU di 2005032957130000 BS 04/18•05 03/29/05 CANCEL BUY FNMA 30YR GTD SA82291 20,000,000.00 101.4843 20,296,875.00 SETT. 04105 DUE 04.01/2035 05.500% 0987135514332 REF • 2005032967130000 ITS AS OF onus 04/113105 03831305 BOUGHT FNMA•15YR(FNIA.4.15)G1D 5.082366 20.000.000.00 98.5468 1%709.375.GO SET/Cm/05 DUE 04101/2020 04.500% 0987280211332 REF • 2005030857680:00 e$ 027 10101.06.0920 001 WM EFTA01260541 BEAR STEARNS OFFICE SERVICING YWR ACCOUNT Beer. Steams & Co. Inc. 383 Madison Avenue New York New York 10179 39 a Trades Executed Pending Settlement (continued) CLEARED INR0u0A ITS Aw0ur Ow4E0 SuSSOAAY Bev Siens Sec von Cop 0-e *gown Co%a Awn bec•ho ont at ' 20 3459 FINANCIAL TRUST CO INC sTATTIsAT PIreCO March 1.2005 no0OUGH march 31.200s APC*017 wines TAAPAYER MSISCR On File LAST inkteueer Feenary 28.2066 semewEra TRADE OAR TROJOAC11Cti 0fS0WT0ll SrA3OLCASP gummy ON^3 MC MACAW MEM MOOR 04/18/05 03/14105 BOUGHT FNMA-15YR(FN/44.15)618 5A82366 20.000.000.00 97.7734 19.554.687.50 SETT.04.05 DUE 04/01)2020 04.500% 0987280211332 0 04/18635 03/09/05. SOW RU * 2006031457040000 BS FNMA-15YR(FNMA•15)GTD SA82366 •20,000.000.00 97.9531 19.590.625.00 SETT.04/05 -n DUE 04611/7020 04.500% 0987016110332 REF • 2005430957590000 BS C 04/18/05 03/15/05 SOW FNMA.1SYR(FNIAA-15)GTO SE11.04/05 DUE 04/01/2020 04.500% SA82366 .20803.000.00 97.7421 19,548437.60 rn 0987135514332 REF • 2006031557250000 85 04/18)05 03/29/06 BOUGHT FNMA-15YR(FNIAA-16)GTD SA82462 20.000.000.00 101.4843 20,296,875.00 520.04/05 DUE 0401/20W 05.503% 0987135514332 REF • 2005032967130000 BS AS OF 03/2945 r 04118105 03/30/06 BOUGHT FNMA.15YR(04184.15)GTO SETT.04/05 DUE 04)01/2020 05.500% 5482462 20.000.000.00 101.6406 20.328.125.00 0987797115332 REF • 200503306711[000 BS 05/12/05 03/31/05 BOUGHT FNMA.30YR(FNIANGTO SA79993 20.000.000.03 97.4921 19.498.437.50 SOT45/04 DUE 0901/2034 05.000% LEZTS£00- 019- ANGS 0987135514332 REF • 200503315714000D BS 027 0001106.0040 C01 V0711 EFTA01260542 CLEARED THROUGH in WHOLLY Owner SLOSOLARY -n z C rn z -H r SEZTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mattson Avenue New York, New York 10179 40 o. 40 Trades Executed Pending Settlement (continued) SEMIEMEXT TRADE DATE DATE TUNSACTON DESCAPTICar 05/12/05 03/31/05 BOUGHT FNMA-30YR(FNMFOGM 5A82389 zo.coacamo 99.8906 19.978.125.00 Wt. Sawn Sacra*. Cop. One Meactsch Enda Nat Omen Pres Von 11201.3559 FINANCIAL TRUST CO INC EMMEN, KHOO March 1.2005 H4.01.10H March 31.2005 ACCODN'T Ma TAXPAYER HAMM On EN LAST suntmENT FeNutny 28 2005 SOMDUCUSS9 OJAHMV PRICE DEW Meat CROW MCOIR SOLOS/05 DUE OS/Di/203S 05.970% 0987021011332 REF • 2005033I57150:00 85 TOTAL 1376,638,595.27 5368,120,306.10 Tie Sin ram brae/ow Haar 0 sear re am ruieHrt End of Statement C27 34.31.36 09 49 031 'VA EFTA01260543 0.50110 THROUCin rTS vilat , OWNED ST.SSOANY I EUZZOO- Vid3 0 z ii C rn z r _ 6£ZTS£00 IN9 ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New Yak. New Yak 10179 Inc. Nairn Seroabes Ole Nemeth Calla New likis 112014559 FINANCIAL TRUST CO PIC ACCOUNT EXECUTNE GNMA GOVT BONO VISIT OUR MSSITE wynicbearsteams.com What's In This Statement Financial Summary 3 I FINANCIAL TRUST CO INC STATEMENT KANO MAPCO., ACCOUNT NLMINA 122/Xellk NM& it LAST STAMITENT February 1.2005 February 28.2005 Cu File laruary 31. 200$ Your Portfolio Holdings 4 CIO JEFFREY EPSTEIN Transaction Detail 7 6100 RED HOOK QUARTER Trades Not Yet Settled 37 STE 83 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURTTIES TH6 PERK* LONG ACCRUED MEREST NET CREDIT BALANCE 1.1 75.677 4.920 336.828 Cat' a Equrnaan 6 735.828 S976.344 Reed 51.175.677 Kaye 5'0.655.868 NET ECIUTre 111M PERIOD MI Current market Ltaa S1,517,425 IIIII Met staternsYs manes value NE1tOunr IAST STATEMENT 11,740.244 CHANGE SW LAST STATEMENT -10.222.820 There are no Stop Loss* orders or other pending buy or sell open orders on file for your account. sitc unmm is er MermabLeel erpliert eTNOTd ate UT NeluileN. TNT sINOTait Neale of reared fee fur nuns Et mien ON Fee etesertart ti... 021 0101/06.11 Oa e01 0372 EFTA01260544 MUM 114.034"..04 ITS voi404, 06•6340 Su13510Wil OW Stem Starites Cap. ow larrcisch Cons Norm IPSO^ New Rea 11201.38S9 FINANCIAL TRUST CO INC 2 d 36 0 z ii C rn z -H r OPZISE00- 019- ANGS IS IJ IJ La Is) STATEMENT BACKER IS PRINTED ON THIS PAGE 027 034103:110i 001 V$372 EFTA01260545 BEAR STEARNS OFFICE SERviCzYG YOUR ACCOUNT Beet. Steams & Co. Inc. In MaPeon Avenue sksi ork 10179 0 z -n 3 en Cash Flow Analysis led P0000 Income Summary Mt; PIP000 YEAR to 04% Opening Balance SecurNes Sold DIvidencisAmerest Miscellaneous Amount Credited Secumies Bair DiedenchAntetest Charged 5976.344.40 1.577.818.284.36 2.846.165.17 86.598.03 51,590,751,047.56 4,579,710,263.75 -1.601.047.44 U.S. Gee. Bond Int. Govt. Agency Int. Corp. Boni Im. Credit Balance Int. Reverse Repurchase kit Total Bond Purchase Int. Repurchase Im. Exp. 2.046.727.15 673,909.66 124.771.86 756.50 267.946.52 53,114,111.69 -1.601.047.44 -104,943.86 2.331.844,56 1.329.239.69 254.949.30 756,50 503,374.01 $4.420.164.06 -2.190.436.95 422.965.23 C rn z Miscellaneous Ans3unt Debited Net Cash Aaivity -79,253.13 5-1 581 390 564.32 -639.516.76 Portfolio Composition Cashtash Equivalent 336.828 Closin9 Balance 5336.827.64 Fixed Income 1,175,677 Total $1,512,505 r Cash Balance Summary C.0214 0.0504 Menin 976,344.40 336.827.84 Net Cash Balance 5976,344.40 1336,827.64 TPZISE00- 019- ANGS I8 IJ IJ vt, 027 03C1e6:11 co cm CLUACO IWICOSH IS WHOLLY 02200) 9011310MY Bear. Sun Seance. cap. Ore Wray" Oyu 1400, 0,22620% .422. at 20 1060 FINANCIAL TRUST CO INC STATEMENT 1.02200 20001022 1.2000 TWIC00.4 February 28.2005 accouar TAXPAYER MAW On U. LAST summer January 31.2005 Your Portfolio Allocation CIO & Equhale 23% cited income 77% ~ion mere 01070 00010ane ..ea Vve. ,Ma[ nun Ps .balm pro-tn. ern., lee iv nibble male! vbiut a yea., butt 1¶72 EFTA01260546 CLEARED 11010513/4 103 MOLLY *ma SuestalWrc tE6EZZOO- V.I.d3 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mention Avenue v 10179 Nit Dams swoon own 0* *acme crow Paten Omar. Ss Teri 11:01.11139 FINANCIAL TRUST CO INC 4.. STATCUe35T 11/t00 rebury TAW/4 February 1. 2005 282005 Your Portfolio Holdings ACCanT Pounce CASH & CASH EQUIVALENTS TWAYER KASKA On Fie WARM ammo COMM LAST STATeute 11C1J21, 31. 2005 013CRPTON O&V, Tv MY, Ytuf A•01-su 5/C".4 n110 nD CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 0 m FIXED INCOME Government & Agency Obligations ci Pal A:1„,11)14 •STIUATTD 0$51C147 m CILICRPTIN SAILIOLC1.151P inn C100 /11111 PM INSET NCNB ratlif.51 wont]. INCOME n1110 04 FEDERAL 11010t01 LPG ASSN SERBS 2003-49 CUSS SW 31393C7C6 MRGN 13.568337 8.1649 1175,676 4.920 590.223 50.2029 DATED DATE 003003 BOOK ENTRY ONLY 4.350% H FACTOR ..5y 21251 FEDERAL NATIONAL MC ASSN 3136/C8Ct 78,8359 1 SERIES 346 CLASS 1 r DATED DATE 11/01/03 BOOK ENTRY ONLY DUE 1110112033 FACTOR - 1,00000000 Total GovemmeM& Agency Obligations 31.175.677 14.920 1590.223 TOTAL FIXED INCOME 54.920 1590223 ZPZTS£00 IND ANDS YOUR PORTFOLIOHOLDINGSACCRUED INTEREST 54.920 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $590.223 YOUR PRICED PORTFOLIOHOLDINGS 51.512.50$ 0101/06:1100 C01 '.1172 EFTA01260547 En I8 IJ IJ L.4 Lo T4iNaGUNO0 EPZISE00-019-ANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beet. Steams & Co. Inc. 383 Madison Avenue 10179 5u6 Repurchase and Reverse Repurchase Transactions with Bear, Steams& Co.lne. outstanding as of date of statement IllAO.311 somas( mow PURCHASE PMCV 04201UID R080 01.14/MY START DAR DATE ROI Plarapu srtOEsr If ACE MCUKT) CUSP OESOOPTIEN CERAM* 1141108014 MS MOLLY OvINCD SUCISCEARY Ow. San Sennle/ Cols Ole *Meth Como Peat Ortenr, kewo Yon 112014559 FINANCIAL TRUST CO INC STAESUFWE MOO Febnary I, 2005 nERCOCol Febrony 78.2005 ACCOunt ,n;mj 7µn3/3/10 e NV SUYDAM January 31, 2005 YOU SOLD GOVERNMENT NATIONAL MTG ASSOC (REPO) 01/1305 04/11/05 2.860 4,601,000 -9.711 42.100.000 383701387 SERIES 2004-S CUSS P 4.3518 02/70/33 YOU SOLO FANNIDALE 511W (REPO) gimps 04/11/05 2.860 -11.902.000 -44.440 40400.000 3130FAVE6 SERIES 329 CUSS PO 1101/32 YOU sous FANNIE MAE STRIP (REPO) 01/13/05 04/11.05 2.860 4.4013.030 43.919 -30.000.000 313610106 SERIES 353 CUSS 10 5.0000 0101/34 You SOW IRENE MAE S1RP (REPO) 01/28/05 04111675 2.860 -7.351.000 .18487 -35.000.000 31343FCLD5 SERES 353 CUSS 10 5,000G 07.01/34 YOU PROmDED FECEFIAL NATIONAL MFG ASSOC (MARGPO 02/07/05 OPEN COCO -50.000.000 31392J0K2 SERES 2003-13 CUSS 5.3500 03/25/33 YOU PROvIDOD GOVERNMENT NATIONAL MTG ASSOC (MARCIA) 02/09/06 OPEN 0.010 -4,300.003 383747087 SERFS 200E-5 CLASS P 4.3518 02120/33 YOU BOLD FANNIE MM STRIPS (REPO) 02/10105 03/1005 2.790 -3.784.000 4.571 4,500.000 3136FO(C9 SERIES 352 CLASS PO 07/01/34 YOU SOLD FANNEMAE SWP (ROC) 021605 03/10105 2,790 4.514000 -12.538 -20.959.779 3136FAWES SIRES 329 CUSS PO 12)01/32 YOU SOLD F/01/41D/AE STRP (REPO) 02/15/05 03/14/06 2.790 4.972.000 -4.309 -7.000400 3138FC8C9 SERFS 346 CUSS PO 1101/33 YOU PROVIDED FEDERAL NOME LOAN 51RIP VAARGDO 02/16/115 OPEN 0.000 44.000000 31282YON6 SERIES 227 CLASS 0 5.000012.11/34 YOU PROVIDED FEDERAL NOME LOAN ST emstee 02/17/05 OPEN 0.000 41000.000 31282YDN6 SERIES 227 CUSS ID 5.0000 12/01/34 07/ 010106:11W 001 21172 EFTA01260548 9£6EZZOO-V.I.d3 BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Beet. Steams as Co. Inc. 383 Madson Memo Nen York New Yo-c, '0179 6 CLEAR= 1101OUGH ITS m60 0:I 0-40 SLOSIDARY Ow Ars Scones cos. 0. kleratech tn. Pat Irma" New vat 112014140 FINANCIAL TRUST CO INC roosa mete (*Wary 1.2006 SIACUGH iebnAry 28.2005 Repurchase and Reverse Repurchase Transactions (continued) with Bear,Steams& Co.Inc.outstanding as of date of statement (continued) PultaoSEI RIPLItIPASt PACING PUROUSE PRIM ACCRUED REPO DIVIMY SORT DUI DUE PAU PRINOPAL MUM* Ma MOND WW Marco ACM's YODER mumna Rowan Cc file LLD' S78rEut8, :artx.rf 31. 2085 (-I YOU SOLD (REPO) 02/1805 COEN 2.270 -29.475.000 -20.730 -30.030.000 9128280619 USTR 4.000002t15/15 0 YOU SOLD (REPO) 02/22/05 OPEN 2.520 -3,322.500 .3.000.000 91291CFP8 USTR 5.3750 02/15/31 m YOU SOLO (REPO) YOU SOLD 02/25105 03/2405 2.890 -1.000.000 -321 -1.820.000 3136FC9C9 FANNIEMAE STRIP SERIES 346 CLASS PO FANNIEWE SWOP 11101/33 cim (REPO) YOU SOLD (REPO) 0228005 02/2805 0371005 03/28/05 2.780 2.920 -9.695.000 -500.000 -748 -40 -25.000400 -910.000 31351AWE6 3136/CEIC9 SEINES 329 CLASS PO FANNELUE SWOP SERIES 346 CLASS PO 1201/32 11101/33 YOU PROVIDED FANNTEIAAE STRIP H (WARM) 02/28435 OPEN 0.000 -4.270000 3136FC8C9 SERIES 346 CLASS PO 1101/33 YOU SOUGHT USTR 3.1250 010007 (REVERSE) 02/23/05 OPEN 2.200 7.990.000 1,207 5.000.000 91282801 r YOU SOUGHT USTR 3.0000 12/3106 (REVERSE) 02/2465 OPEN 2.400 200.000.000 65.000 200.000003 9128280F4 VVZTS£00 IND ANDS TOTAL REVERSE REPURCHASE TRANSACTIONS TOTAL REPURCHASETRANSACTIONS Us II essones 5207980.DEO Snail 3.41.522,540 4-142.560 027 01401.0811,30 D: EFTA01260549 rn I8 IJ IJ --3 0 0 m C in r SPZISE00- 019- ANGS BEAR STEARNS orrict SERVICING YOUR ACCOUNT Bear. Steams & Co. he 383 Madison Avenue New York. New York 10179 7 as Transaction Detail INVESTMENT ACTIVITY 0.EARED DOM°. rs wn0a. PASEO SLOSIPARY 80.1f. Dawns Sopron Dn. Me letetWOCh Cate Na ti DalEAD now Art 112014550 FINANCIAL TRUST CO INC STAT514E0 PFACO FOIA.ggy 1.2005 THRC0004 February 28. 2005 AcCOusn' MASER ',WAVER µAMER n no LAST 57A7ZYCNT January 31, 2005 SETTLOADO DATE DOE TRIATEACTION DESCROMON $110OCUEUEAT GUMMIT EMT MOJ(T aim ware 02,01/05 01/31/05 SOLD UNITED STATES TREASURY NOTE CUE 01/31/2007 03.125% /1 31 912828016 -15.020.000 99.88750 14.953.125 .00 0988027496099 ACCR, NT. 1.294.89 YEW 3.288 % TO MATURITY OVER REF * G0311009 Al 0204/05 020105 SOLD UNITED STATES TREASURY NOTE DUE 01/31/2007 03.125%11 31 912828016 45400400 99.80158 24.900.390.63 0988027496099 ACM MT. 8.632.59 YIELD 3.334 % TO IMMO? OVER REF *6034100B Al 02/07,05 0210405 BOUGHT UNITED STATES TREASURY NOTE 912828001 4000.000 101.32422 9.119.179.69 DUE 11/11/2014 04.250% 111 15 0988280293099 ACCR. NT. 68.156.90 YIELD 4.084 %TO MATURITY OVER REF w 60351017 Al 02/07/05 024405 BOUGHT UNITED STATES TREASURY NOTE 9128280C1 12.08%000 101.59375 12.191.250.00 DUE 11/1512014 04.250% MN IS SPECIAL INSTRUCTIONS 11ELD 4.050% TO MATURITY ACCR, NT, 118.342.54 OVER REF * 60355379 A3 MYER 02/07/05 07/0405 BOUGHT MED STATES TREASURY NOTE 912828014 16.0311003 99.49219 15.918.750.00 CUE 12/31/2006 03.003% 10 30 0988200293099 a NT. 50.386.74 3,277 % TO LMTURITY O YIELD VER REF G0351009 Al 02/074.5 02104/05 SOW UNITED STATES 1REASURY NOTE DUE 01415/201003.625%D 15 912929002 -20.000.000 99.71094 19.942.187.50 0968280293099 YIELD 3,689 % TO MADAM ACCR. INT, 46.083.54 GVER REF 0 G0351013 Al 02/0705 020405 SOLD UNITED STATES TREASURY NOTE DUE 01/31/2007 03.125% 11 31 912828016 -15.000.400 88.75391 14.983.06494 0988035598099 ACCR, 9.064.22 YIELD 3,254 %TO AUTUMN OVER Rita 160351035 Al 027 ECL01/06:11.09 001 1972 EFTA01260550 rn 8 IJ IJ 00 0 -n C rn r 917ZISEOCIA19- ANCIS BEAR STEARNS OffICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison MENA Nnw Y NamYogic 10179 8 e Transaction Detail (continued) INVESTMENT ACTIVITY (corainued) SETTIMERT TRADE an GATE TRAYSACTOM CESOAVIEN SmAIOSCLIMP °Warn* r9KE 0207705 PEICIPAL FEDERAL NATIONAL MTG ASSN 3136EAL01 .95.853 STRIP MTG SERIES 322 CI. PO 0.001 DUE 0301/32 PRINCIPAL REOUCTN 02.25-05 O.LOAD Meal n's Edgar OvAdEO awARv Mr. Sawa Sea tem. Ons lAsraisth Woe NNE Mglfn Net 1121 11201.3158 FINANCIAL TRUST CO INC STATEMENT Krim feteury 1.2005 nARCAIIn Feteutcy 28.2006 02708/05 0207/05 BOUGHT EINEM STATES TREASURY BONDS 912810FP8 10.000.000 114.47266 CUE 02/192031 05.375% FA 15 ACCR. NT. 0988016192099 MD .... 4 432 %TO MATURITY OVER REF 0G0381001 Al 02/08705 020705 SOLO UNITED STATES TREASURY (4340S 912810P8 -10.000000 11414688 DUE 02/1572031 05.375% FA 15 JO. M. 0988280293099 YIELD 4,428 %TO ISTURTIN GVER REF /00381002 Al 02/0905 0270605 BOUGHT UNITED STATES 1REASURY BONDS 912810.78 10.000,000 114.75000 MO2/15/2031 05.375% FA 15 ACCR. M. 0988035598099 YEW 4.416 %TO MARMITY OVER REF • 00391030 Al 02109(06 02/08/05 SOW MATEO STATES TREASURY 03105 912810FP8 -10.000.0W 115.79688 DUE 02/15)2031 05.375% FA 15 ACCR. in 0988280293099 YIELD 4.354 %TO MILROY OVER REF • 60391003 Al 02/10705 OM 1705 CANCEL SELL nom..3001(FMANGTO SET7.02/05 CUE 02/01/2035 05.500% 0987280211332 R6 • 2005011157220000 BS AS Of 01711/05 TO C31 PREVIOUS SELL 5A77303 10.400.000 101.25000 AccouNT MAW TAVAKN mmanEn On Fie LAST STATEN)," Jimmy 31,2006 DE1/7 AYAISIT EROX1 ASPER 11.447.265.63 258.525.81 11.454.687.50 258,525.82 11475.000.00 259.988.41 11.579.687 .50 259.906.41 10.125.000.03 woos 01/18105 CANCEL SELL FNU.A.30YR(F/844)GTO St17.02/05 DUE 02701/2035 05.500% 0987280211332 REf • 20050118.57000000 AS OF 01/18705 10 IDCL PREVIOUS SELL eS 5.477303 10.000.030 101,51563 10.151.562 .50 027 010746:1180 091 VS72 EFTA01260551 BEAR STMNS OFFICE SERVO% YOUR ACCOUNT Beer. Stearns & Co. Inc. 383 Monson Avenue N ' 10179 9 a as swats nstOISOM ITS smCc.Y roon.eco Wawa.' Bur surf, Secvnei cap ITITsT Thstn500) Canty tesrin lirtaktp. — ork 20 n5.9 FINANCIAL TRUST CO INC STAMITINT ITFATTS0 SeteAry 1.7005 THROUTIM febnary 28. 2005 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Sfltl£NFM MAC( OATS CATS TemosSTITIN 000110110N SWIuSCUSP 0.01(rmr Flact ACCOLTIC ?OWLS TIOOTTArp., war* WT STATDits1 Cur Ma3uor on Fie January ST. 2005 CREDO AVOW 02/1005 01/2005 BOIXOrt ilavr7a/R(FNIAA)GTD SA77303 10.010.00) 101.73047 10.173.046.88 SETT.02/06 ME 02101/2035 05.500% 0987016110332 0 02,10.05 02/0345 BOUGHT REF • 2006012057390000 FNMA-301160840611) BS SA77303 10.000.000 101.80469 10.1324433.75 -n 02/1006 01111/06 SOW SC/T.020S anoDUE 02/01/2035 em332 06.500% ns REF II 2005020357720000 11148-30YRCEN400670 SETT.02/06 BS SA77303 40000.000 101.25000 10.125.000 00 CUE 02/01/2035 05.500% 0987280211332 rn 0711005 01/18/5 SOLD REF • 2005011757220000 FNMA.30YRDIAIA)GTD SUT.02/05 BS 5.077303 .10.003.020 101.51563 10.111.562.50 DUE 020112035 05.500% 09872 11 RU r 2802 0050118 33257000000 BS 02/10/05 01/2005 CANCEL BUY elam-30YR(770.9.1610 SETT.02/06 U77303 -10.003.000 101.73047 10.173.046 .08 CUE 02/01/2035 05.500% r 0987016110332 RE!? 2005012057390000 AS OF 01/2005 BS TO Ott PREVIOUS BUY 02110/06 02/0105 CANCEL BUY FNIA•030YR(ReANGID SETT.02/05 6177303 40.000400 101.30419 10.180.411.75 DUE 02/0112035 06.500% 0987135514332 LPZISEOCIA19- ANGS I8 IJ V.2 La RU A' 2005020357720000 BS OF 0203)05 TO AS Ca. PREVIOUS BUY 027 C0/01224:7102 001 1•72 EFTA01260552 CuLOW) natarm na yMOLLT OPAWD SUSSOARY r71 8 b.) b.) O -n C rn r 817ZISEOCIN9- ANGS BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Bear. Stearns 6 Co. Inc. 383 6160isco Anna Y Y k 10179 10 It Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETRENEKT TRADE DOE DATE TRANSACTOR DESOUPTION 02/1005 01/20.06 BOUGHT FRIA4-30YRDWANGTD 5277.02.05 DUE 0201/20.34 06.000% 0987280211332 RSCf EF *01/20/0 2005012057000000 05 A 5 02/1005 01/2005 BOUGHT FNNM30YR(FMM)GT0 SETT.02O5 DUE 07/01/203A 05.0:014 090372130211332 REF • 2005012057000030 BS 02/10.05 02/03/05 GAUL SELL FRIA4-30YRINAUDG1D SETT.02/06 CUE 0201/034 05.000% 0987135514332 REF * 2006020357760000 BS AS OF 02/03/05 TO C.XL PREVIOUS SELL 02/10/05 moms CANCEL BUY FNNAIDERONMOGTD SETT.02O5 DUE 020112034 06.000% 0987280211332 REF a' 2005012057000000 BS AS OF 01120/05 TO 230 PREVIOUS BUY 02/1016 01r20,05 CANCEL BUY FNNM30YR(04441G10 SETT.02O5 DUE 02/0112014 MOW% 0987280211332 REF • 01/20/06 2005012057030CCO 8$ AS OF TO OIL PREVIOUS BUY 02/10/05 02/03/06 SOW FirmAJOYR(FRIANGTD SET1.02)06 0 DUE 987135514 3 02701/2034 06.000% 32 REF it 2005020357760000 BS STWOLOMP ouuarr 5478976 10.000.000 SA78976 10.000.000 SA78976 10.000.000 6478978 40.000,030 SA78976 -10.000.000 5478976 -10.000.000 Dar. Soars Watt Cop. Cat MeWorA Caw No OnWlyn. NA& rot 11201.3859 MAKIN. TRUST CO INC valuta Pt February 1.2005 TWO.u0.4 Fatnary 28.2005 Accom Alimiete TAXPAYER rowel On Fie arr rrainewr January 31. 2005 PRIX DEW NAOMI /Aron NA0u81 99.65234 9.965,234 .38 99.65234 9.965.234.38 99.70313 9.970.312.50 9945234 9.965.234.38 99.65234 9.965.234.38 99.70313 t970.312 .50 027 03.01006:1101 CO1 W72 EFTA01260553 En 8 IJ IJ 0 m r 617ZISE00- IA19- ÅNGS BEAR STMRNS OFFICE SERVICING YOUR ACCOUNT Elem. Steams & Co. Inc. 383 Macison Avenue Now York. New Yak 10179 11 :e 3t Transaction Detail (continued) INVESTMENT ACTIVITY (conUnued) Minna WOE an DATE TRAMSACRON insc8Pme SYmeDUCSP QIWDUY Pau sytromwr PURR Fatnaly 1. 2005 TRAO‘Rii ~Wry 28.2005 IIIIIM ACODLNT R.I.R3ER TAXPAYER MASER LAST ETATEUERT bruary 31.2005 DEW MEW CREW AMER 02/10/05 12/30/04 CANCEL SELL MAL 30YR GTD SETT. 02/05 SA81912 10.000.000 102.88438 10.298.437.50 WE 0201/2035 06.000% 098728021132 REF 02004123057220000 8S AS Cf 12/30/04 TO Ca PREVIOUS SELL 02/1005 12116.04 BOUGHT FNMA 30YR WO SETT. 0205 5031912 10403,000 103.03125 10.303.125.00 DUE 02/01/2035 06,000% 0987031317332 REF # 2004121657=000 BS 0200/05 0101/05 BOUGHT now 3018 GTD SA81912 20,030.000 103.03125 20.508.250.00 SETT. 02/05 WE 02.01/2035 06,000% 0987280211332 RES • 2036011157210030 BS 02/10875 02/CW05 CANCEL SELL ROM 30YR GID swim n000.oco 103.23438 20.645.875 SETT. 02/05 .00 DUE 02/01/2035 06.000% 0987280211332 REF I 2005020357740000 BS AS Of 02/01/05 TO at PREVIOUS SELL 02/10.05 12/30.04 SOLD FNMA 30YR GTD SETT. 02/05 5981912 -10.01:4030 102.98438 10.298.437.50 DUE 02/002035 06000% 0987280211332 REF w 2004123057220003 8S 02/10106 12/18104 CANCEL WY DMA 30YR GID SETT. 02/05 5481912 -10.000.00D 103.03125 10.303.125 .00 DUE 02/01/2035 06.003% 0987031317332 REF w 2004121657320000 BS CLUJ« TRROu314 na ~Ray OMCD SISSKRARY Bar Sirs ~lies ERR One Vicrouch One M at 11201.3859 FINANCIAL TRUST CO INC O 12 F 116/04 TG AS CAL PREVKIUS WY on 0101MYVIRR 001 win EFTA01260554 -n C in z r OSZTS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. &earns & Co. Inc. 383 Madison Meru° • ^ .79 72 du Transaction Detail (continued) INVESTMENT ACTIVITY (400nued) 011104ENT T1LWI DAR ramsacnceT OCSCRP11011 02/10/05 01/1105 CANCEL BUY nee 30W GM SETT. 0205 DUE 02/01/2035 06.000% 0987280211332 REF 0 2005011157210003 BS AS OF 0111106 TO O. PREVIOUS BUY 0111110UtL611 5481912 .20.000.000 103.03125 20.606.250.00 Plata 11.03L0, as vm0t0 C000 SullarDar Ow. Stuns Sates CalL Wrcue. Corow 01012) Nat Vol 11201009 FINANCIAL TRUST CO INC STA/21107 Per000 Felnary 1. 2005 neouam feteully 28.2005 ACCCam /0.1/A(R rA001111 1014101 On rae LAST STATVIDJT January 31.2005 COMM MCL 0011 M1C0111 CROP MOM 02/10105 020305 SOLD FNIM MYR GTD 5061912 -20.000.000 103.23438 20.646.875 .03 SETT. 02/05 DUE 02/01/2015 06000% 0987280211332 REF • 2005020357740000 6S 02/10405 01/31/05 BOUGHT FEDERAL NATIONAL MO ASSN 3136FCICC9 5.063263 80.75000 4.019.069.53 SERIES 352 CUSS 1 DUE 0701/2034 00.001% 0987027414332 REF • 2005013157900000 BS TO AD) PREVIOUS MONTHS FACTOR AS Of 01/31/05 02/10.05 02/09/05 BOUGHT UNITED STATES TREATTNRY BONDS 9128101PR 10.000.000 114.71875 11.471.875.00 00E01/15/2031 05.375% FA 15 ACCR. M. 261.44701 0988035598099 VFW 4.418 % TO MATURITY GVER REF • C0401000 Al 02/1005 02/09/05 BCCIGHT uNITED STATES TREASURY BONDS 0U102/1'5/2031 05.375% FA 15 0988016192099 YEW 4.364 67074011Rn GVER REF *G0401010 Al 912810FINI 10.000.000 115.63281 11563.261,25 ACCR. INT. 261.447.01 02/10105 0209105 SOW UNITED STATES TREASURY WNW 912610EPIII -10.000.0:0 115.07813 11.507212.50 DUE 02/15/2031 05.375% FA 15 ACCR. NT 281.44701 0988035598099 YIELD 4.396 %no MATURITY GVER REF 0 G0401005 A3 02/11/05 02/09/05 SOW FEDL 104.E LOW WO CORP*S02684 3122EVU57 -11.250.106 86.56250 9.738423.44 SERIES 218 CL PO DUE 020112032 0987031317332 REF * 2005020957420000 BS 027 03101/0•109 001 072 EFTA01260555 ril 8 b.) NJ 0 -n C in r ISZTSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICE/6 YOUR ACCOUNT Beat. Steams & Co Inc. 363 Ma6sOn Avenue New York. New York 10179 13 au Transaction Detail (continued) INVESTMENT ACTIVITY (continuoR SETRWOIT TRW DATE DAIS TRANSACTION 02/11/05 02/10415 BOUGHT eaCitEmea UPEND STATES TREASURY NOTE DUE 111152014 04.250% PAN 15 0968280293099 YEW 4.054 %TO IALTDRON GVER REF /60411021 Al 02/11/05 02/10105 930 UNITED STATES TREASURY NOTE CUE 11/15/2014 04.250% MN 15 988016192099 YIELD 4,019 % 70 MATURITY WIER REF • G0411011 Al 02/11/05 XURNAL Met mAE OACUSFRIES 2003.13 S RCR4/0 ILTR 5.470 DUE 03.25/33 ROAST POSMON 02/14105 02/10/05 BOUGHT FEDERAL NA11011AL MEG ASSN SERIES 346 CLASS 1 DUE 11101/2033 0987797115332 REF 12005021057250000 OS 0211405 02/10105 BOUGHT FEDL NNE LOON MSG CORPES10109 SIRES 227 CLASS 0 DUE 12/0112034 05.000% 0987797115332 RU # 2005021057364000 BS 02/14/05 02111/05 SOLO UNITED STATES TREASURY NOTE DUE 12/3112006 03000%10 30 SPECIAL INSTRUCTIONS YEW 3.261 % TO MATURRY OVER RU iii G0422831 A3 VAVE8 02/14/05 02/11/05 92.0 UMTED STATES TREASURY NOTE DUE 12/31/2006 0300091.0 30 0988726998099 YEID 3.289 % 10 14411IRMI GVER REF 100421020 Al SYVOCUCUsp 0 WORRY 912826001 10.000.000 ACCR. WI. 912828001 4.000.030 31392/0102 3136K8C9 5.310.807 322821/0106 9069.325 ACCR. INI. 91282110F4 .10.000.000 912828014 -15.0O3.000 CLEARtO mean. RR CM&D SulttaisaY Ow. Sun Seo.rOits Cap. Cnr larratee Carte t.t Iasi lin/ -33$9 FINANCIAL TRUST CO INC STATEWNT Ott00 FObuary 1.200$ ThelCoOm Denary 28.2005 ACCOUNT MAWR 2.701AYER MOW LAST SIATIENOrt Am WM MAW 101.66250 10.156.250.00 103.314.92 Unary 31. 2005 MIT MONT 101.84375 5.092.187,50 ACCR, M. 51,657.46 63.79888 4.450.290.63 23.75000 2.343.964.90 17,819.62 99,52734 9,957,734.36 ACCR, AN 37.292.81 90,47656 14,921.4134 .38 ACCIL MT. 55.939.22 02/14/05 JOURNAL FUN. HOME LOAN MSG CCONIS02684 SERIES 218 CL PO DUE 02/01/32 3128CVUG7 027 0301/04.11:00 ON 5172 EFTA01260556 rri 8 b.) IJ ii C in r ZSZTS£00- 019- ANGS BB R SIMMS OFFICE SERVICING YOUR ACCOUNT Beet. Steams & Co. Inc. 383 Ma650n Avenue. 0179 14 0! la Transaction Detail (continued) INVESTMENT ACTIVITY (continued) UMWOn 1000 DAR 0Lh 19.116001011 02/15/05 12130034 BOUGHT crtsatsmoN n90-15YRONMA-15)GTD 5482209 11400.000 102.97656 11.327.421 .88 5871.02175 DUE 02/0112020 06.500% 0987280211332 REF so 2004123057230300 BS SIMIOUCuSS CLEARED TKIOUGH WHOLLY OA* SLIOSCCARY Isar Sammy 5010beS Cota. meucacrt Cent last 11201-3159 FINANCIAL TRUST CO INC ST0115aNT Pyre°, rerun 1.2005 71a05CO3 Fettuary 28.2005 reCOJIY/ ranalac TAXPAYZOI totem On Fie LAST STATO1041 January 31.2005 WSW PACE OESITAIJOUY1 CRIO0 WOW 02/15/05 12/1604 MOB. SELL FNIAA.15YRIFNMA-15)GTEI S(71.02105 DUE 02/01/2020 05.500% 0037031317332 *SOF REF 41 200412165 4 7330300 85 12/16/0 TO al PREVIOUS SELL 5/182209 11,000.000 103.10938 11,342.031 .25 02/1505 12/30.4)4 CANCEL SW FMAA-157011844.15)MD 502200 -11,030.000 102.97656 11,327.421 .88 SETY.02/05 DUE 02/01/2020 05.500% 0987280211332 REF s 2004123057230000 BS AS OF 12/30'04 10 OIL PREVIOUS BUY 02/15105 12/16/04 SOW FNM1,15YRIFNIM-15)G1D SET1.02/05 CUE 02101/2020 05.500% 0987031317332 REF /1 2034121657330000 as ....82....E 5482209 .11.030.00D 103.10038 11.342.031.25 02/15/05 02/11/06 BOUGHT TECERAL NATURAL 147G ASSN 313MCBC9 6.310.807 03.34376 4,426,226.03 SERIES 346 CLASS 1 DUE 11/01/2033 0987000510332 REF 0 2005021157150000 BS 02/15/06 02111.05 BOUGHT FEIX HOW WAN NIG COPP41510100 312821tN6 9.869.325 23.81250 2.350,133.23 SERIES 227 CUSS 0 ACCR, M. 19,190.36 DIX 12/01/2034 05.000% 0987003510332 REF •P 2005021157140000 BS 02/15,06 02/14/05 SOD UNTIED SUNS TREASURY BOWS 91281074 4.000= 113.91797 2,278,359.30 DUE 02/192031 05.375% FA 15 0988280293399 YIELD 4,46.5 % TO FM URITY GVER REF 000451004 Al 027 03.011061101 COI 2/72 EFTA01260557 BEAR STURNS %FEE SERVICING You* ACCOUNT Bea. Stearns & Co. Inc. 383 maoson Avenue New York. New Yak 10179 15 ax Transaction Detail (Continued) INVESTMENT ACTIVITY (continued) SEIROJEIR TRADE DOE 911E ntANSICION 02/15/06 02/14/06 SOLD 02/15/05 02/14/06 SCUM -n 02/15.435 02/14/05 BOUGHT in 0241505 02/1405 BOUGHT 02/1506 0211405 SOW r 07115/05 MRCP.% 02/15/06 PRITCPAL ESZTS£00- 019- ANGS mammon WEED STATES TREASURY NOTE CIA 11115/2014 04.250% MN 15 0988726998099 YIELD 4096 % TO MATURITY GVER REF 100451015 A3 UNITED STATES TREASURY NOTE COE 01/31/2007 03.125%11 31 0988035598099 VIEW 3,34911 TO MATURITY GVER REF 160451020 Al UNITED STATES TREASURY NOTE DUE 01/31/2007 03.125%11 31 0988280293099 YIELD 3.336 % TO MATURITY GVER REF • 60451008 Al UNITED STATES TREASURY NOTE DUE 01/31/2007 03.125% II 31 0988280293099 YIELD 3.336 %TO MATURITY OVER REF 160451008 81 UNTIED STATES TREASUIC, NOTE DUE 01/31/2007 03.125% Al 31 09882%093099 YEW 3.345% TO MAMMY OVER REF • 00451012 Al SIIIBOUCUSIP Demmer 912628001 .15,000.000 101.22266 91282801 5.000000 99.57813 PCCR, M. 9128280/6 20000,000 99,80156 912$200A ACCR, INT, 50.000.000 99.60156 ACCR. INT. 912828%5 -35.000.000 99.58594 ACCR, M. CLO.RO3 THROUGH MI masa OineD Malleleke Out Sam Swain CD* One eneenceen Cs Nash Y motaiSe FINANCIAL TRUST CO INC owned,' FENCO Febusy 1.2075 nytcose eetruary 29.2005 Arta na Innen texPAyet when It Di Ink, LAST ST/4104M lanua-1 31.2005 Man AMOUNT Olnel AinXINT 15.183,398 A4 162.016.67 4,978,906.25 6,474.45 19,920,312,50 25,897,79 49.800.781 .2.5 94.744.48 34.855.078.13 45.321.13 FEM. NOME LOA/4 DM COP9•502684 3128CVUG7 35,717.02 DUE RE 02 01/2L PO 32 PRIN TVO 01-05 PA) 02-15-05 POO a I 0.0000 FE% NOME LOAN DM COPP•502684 31280447 236.522.48 SERIES 218 Cl. P0 CIA 02/01/32 PROT WO 01-05 P002-15-06 REPO P & I 0.= on 03.010•1101 001 Wit EFTA01260558 0.0.000 T.00VON Ent ma' Ove4EO SUISOARA 0 -n C rn r PSZTS£00- 019- ANGS BEAR STERNS OFFICE SEFMCRW YOUR ACCOUNT Bear, Steams & Co. Inc. 3B3 lAactson Avenue oh 10179 16 an Transaction Detail (continued) INVESTMENT ACTIVITY (cortinued) SM110.00 TRADE DAR OAR ntARIACTON 02/15/05 PRINCIPAL 02/15/05 PRINCIPAL 02/15(06 PRINCIPAL 0206105 0211405 SOW 02/1805 02/15/05 SOUGHT 000605 02/15/05 SOLD 02/1105 02/15/05 BOUGHT 02/17/05 canvas SOLD km Sxem Securifes cc Cre idevevet Caw len v l .3*S9 FINANCIAL TRUST CO INC STATIMBAT same February 1.2005 meormrt February 252005 ACCO.PIT tweet TAXPAYER WISER On Fla mar mamma /mum 31.2005 DESCRIPMCW 500301./CUSIP Gummy CWT an' CREDIT MOUNT FEDERAL HOME LOAN MTG CORP 31392T6E2 -308.611 SUES 2483 CL St 4.010 DUE 03/15/32 PRINCIPAL REDUCIN 02.1545 FEDERAL HOME WAN MEG CORP 31393FAF3 -34Z355 SUES D53 4.810 02/15/32 0 CUSS U PRINCIPAL REDUCER 02-15-05 FEDERAL HOME LOAN MEG CORP 31393/688 44%854 SEM 2526 CUSS SI 4.410 DUE 02/15/32 PRINCIPAL SEDUM 021505 FEDERAL NAnomu MTG ASSN 31361401 -3478.277 88.12500 3.080.068,74 STRIP MTG SERIES 322 0. PO DUE 03/01/2032 C0.001% 0987022118132 REF • 2005021457720300 BS UNITED STATES TREASURY some 912810198 10.000.000 113.59575 11.359.375,00 DUE 02/15/2031 05.375% FA 15 8035598 099 ACCR. UK 1.484.81 YIEL 098D 4,484 %TO I.4011MHY EVER REF • G0481020 Al UNITED STATES TREASURY BONDS 9Thenfle -10.030.000 113,60076 11.3801:4084 78)30 ,13 WE 0205/2031 05.375%1A IS 0988728998099 ACCR. INT. YIE 4,472 % TO IAAR GAR LD REF • G0481014TU AlITY Lento STATES TREASURY NOTE 912828001 1.000.000 101.19022 3.03.5.978.58 CUE 110572014 04.250%691 15 09093728998099 ACCR. INT. 34755.63 YEW 4,099 % TO MATURITY OVER REF • 60441008 A3 FEDERAL HOME LOAN MTG CCRP 3139218U .1.592.201 7.15425 120.162.57 SERIES 2483 CL SL DUE 03/15/2032 04.410% ACCR. M. 412.14 0987022118332 REF 12005021756240000 BS AS OF 02/1 NOS 027 03.01/06:111)0 001 672 EFTA01260559 061ZZOO- V1.43 (-I 0 m cim H r SSZTS£00 IND ANDS BURR STBSRNS OFFICE SERVICING YOUR ACCO20 Bear. Stearns & Co. Inc. 383 Madison Avenue siss 10179 Transaction Detail (continued) INVESTMENT ACTIVITY (cortiroed) SMIDitte TRAM OAK TRA551409.4 CISCRPT011 1111001XUSIP OWeiftlY Met OMIT AM:514T CROW Wail 02/17/05 02/14/05 SOW FOWL NOME LOAN MTG CORP 3139278E2 .10.944.806 7.15625 783.23748 SERIES 2483 CL SL CUE 03/15/2032 04,410% ACCR. MT. 2.581.48 0987022118332 REP • 2005021756230000 8$ AS OF 02/14/05 02/17/05 02114/05 SOLD FEDERAL ICNE LOAN MTG CORP 31392032 .10444,007 9.40625 1,029,495.91 SERIES 2488 CLASS SO DUE 03/15/2032 05.520% ACCR. MT. 3.289.52 0987022118332 REF • 2005021457330000 BS 02/17/05 02/14/05 SOLD FEDERAL MAE LOAN MTG CORP 313931A13 4.4474344 8.00000 195.827,54 SERIES 2530 MASS M DUE 02/192032 04410% ACCR. 654.12 D987022118332 REF • 2005021755220000 BS AS OF 02/14/05 02/1735 02/14/05 SOLD FEDERAL HOME LOAN MG CORP 313931A$3 .12.239.221 8.00000 979.137.72 SERIES 2530 CLASS SE DUE 02/15/2032 04.810% ACCR. 3.270,59 0987022118332 REF • 2005021758210000 BS AS a 02/14/05 02/17/05 021405 SOLD FEDERAL HOME LOON MTG CORP 31393/086 4.300.069 7.15625 450.847.99 SERIES 2526 CUSS SI DUE 02/15/2032 04.520% ACCR. M. 1.543.52 0987022118332 REF I 2005021457310000 ES 02/17436 JOURNAL FEDt HOME LOAN MTG CORP•S10109 31282YON6 1 SUMS 227 CUSS 10 5.000 DUE 12/01/34 02/1836 02117/05 SOLD UNITED STATES TREASURY BONDS 912810FPS 4.030.000 112.18159 2.243.671 .811 DUE 02/15/2031 05.375% FA 15 0988726998099 ACM. INT. 090.08 CLEARIO TH9Ounm rtS ww0LLY OWNiD SutSOARY ta. Simms 50,41595 C0e lietrotech Caw Noti 112014859 FINANCIAL TRUST CO INC summer PERIOD 'emery 1.2005 THROU01. rebury 28.2005 ACCOUNT VLAMER TAWAYIER 104CR On File Loy syAroco *wy 31.2005 YEW 4.569 % TO MATURRY GYER REF # 60481004 Al 027 WA1.16:11AS an /472 EFTA01260560 CLEARED 04:10.04 rte IM.O.LY Creme) SuLESIXpltv BEAR STEARNS OFFICE SERVICMG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Ma&Ton MIMIC! New York. New York 10179 18 ot3e Transaction Detail (continued) INVESTMENT ACTIVITY Icontnume SETIMIEWI 180E Oat °Alt 1R.USC11N 02/18/05 02/17/05 SOW 0 02118105 02/17/06 SOW -n 02/18/06 02/17/05 BOUGHT C in 02/19/05 02/17/05 SOW r 02/22/05 02118/05 SOLD 02/22/05 02/18/05 SOW 02/23/05 02/22/05 BOUGHT 9SZTSEOCIA19- ANGS 8 IJ IJ 00 DESCRIPTION UNITED STATES TREASURY NOTE DUE 11/15/2014 04.250% MN 15 0988027496099 rem cue it TO MATURITY OVER REF 1 6 0 4 8101 4 Al SYMEOLCUSP 9128280C1 UNITED STATES TREASURY NOTE 912828001 CIA 11/15/2014 04.250% MN 15 0968016192099 YEW 4.168 %TO MATURITY OVER REF • G0481028 Al UNITED STATES TREASURY NOTE 9128280149 DUE 02/15/2015 04.000% FA 15 0988016192099 YEW 4.177 II TO MATURITY OVER REF • 00481022 Al UNITED STATES TREASURY NOTE 9126280119 DUE 02/15/2015 04140% FA 16 098803559E/099 YIELD 4.1113 %TO AUTUMN GVER REF a G0481033 Al UNITED STATES TREASURY BONDS CUE 02t15/2031 05.37596 FA 15 09887 996099 YEW 264.635 %TO MATURE', OVER REF a G0491015 Al 912810FP8 UNITED STATES TREASURY NOTE WE 12/31/2006 03.000% JO 30 0988728998099 YEW 3411 IL TO MATURITY OVER REF 4/ 504 91014 Al 9128280F4 her. SxErns SWIMS Cap. Ore /AMMO Cemer I11 Broabn. Raw Yak 11X84850 FINMICIAL TRUST CO INC roamer IVACO reteum 1.200$ THIIC00e. Canary 28.2005 PCCOUNT Nunglt TAXPANZR NOME, Lar S'Attit.NT Xlesari 31.2005 OUPHIPIY PRICE CUM ppOule MCC Amain /10.000.000 -35.001000 100.48438 ga. INT. 100.48814 ACCR. M. 10048.437 .60 111.533.15 35.170.147.95 390,366.02 35.001000 98.56250 34.496.875 .00 ACCR. NT. 11.802.21 -5.000.003 98.51583 4,925.78125 ACCR. 811, 1.657A6 /IMO.= 11111328 3.333.398.44 ACCR. MT. 1118.09 - • • • • µ 40.000=0 99.26583 9.926.562.50 ACCR. INT. 41922.65 UNITED STATES TREASURY Non DUE 01/3142007 03.125% .0 31 0988726998099 YIELD 3.431 %TO MAMMY GVER REF a 60531007 Al 9128280/6 7.000,000 99,42969 6.960.078 .13 ACCR. M, 11898.48 027 080104.1109 Oa 872 EFTA01260561 0 -n rn r LSZTS£00- 019- ANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Swam 8, Co. Inc. 383 MEM= Aiewe 10179 19 an Transaction Detail (continued) CLLARRO 1)0109091 ITS 9.900tre OWnr, WISOrafer Sam Sun Smote* CIO. Ov Lietnttecn Cow Not k 11201.3859 FINANCIAL TRUST CO INC STATEllEra PEN,00 Febn.ary 1.2005 THItec,Cal Favo/ 28.2005 ACC0uNT %Wee% .r•JcPA9ER APJ,481:91 INVESTMENT ACTIVITY (conthuml) SETIIDAIIR Tt DATE OAR TRAFEAcnoeF CfSCASMON saiscuaa• Owiam Pax LAST sTkrritENT CM MOUNT January 31.2005 cREOIT NANNY 02/24/06 0223/05 SOW UNITED STATES TREASURY NOTE DUE 12/31/2006 03.000% JO 30 9128280F4 -5.030.000 99.26172 4,963,085.94 0968035598099 ACCR, WY. 22.790.05 YEID 3,414 % TO MATURITY OVER REF 160541021 Al 02/24/05 02/23/05 BOUGHT UNITED STATES TREASURY NOTE CUE 02/15/2015 04.000% FA 15 9128280149 5=0,000 98.18359 4,909,179.89 0988726998099 VIEW 4,225 %TO MADAM ACCR NT, 4.972.37 GvER REF • G0541017 Al 02/24105 02/23/05 SOLD UNITED STATES TREASURY NOM DUE 02/15/2015 04.000% FA 15 912828049 3.000.000 97.98438 4.899.21%75 0988016192099 ACCR. INT. 4.972.38 YIELD 1250 % TO IMTURRY GVER Ru /00541032 Al 02/25/05 PRINCIPAL FEDERAL NATCNAL MTG ASSN STRP MEG SERIES 322 CI. P0 3138FALQ1 95,153.00 0.001 DUE 0301132 PRINCIPAL PAYMENT 02.2545 02/25/05 PRINCIPAL FEDER% NATIONAL IRO ASSN SERIES 329 CUSS PO 3136/AWES 184,177.56 DUE 01/01/33 STRP PRN RC 0105 PM 02454)6 REPO P 6I 0.0000 02/25105 PRNCPAL FEDERAL NATIONAL MTG ASSN 3138FAWE6 21%879.75 SERIES 329 CIASS PO DUE 01/D1133 STRP PRA PM 01.05 PM 0245-05 REPO P 8I 0.0000 02125105 PRIOCIPAL FEDERAL NATIONAL MTG ASSN SERIES 329 CLASS PO 3138FMES 263.815.70 DUE 01/01/33 STRP PRA RV 01-05 PM 02.2545 REPO P 8I 0.0000 027 0301/06:1180 001 •172 EFTA01260562 CiµPEO DilICA04 ITS vnouy Ov.N£0 DAPIDARy rn 8 IJ O IJ -n in r 8SZTS£00- IN9- ANGS BEAR STUNRNS OFFICE SERVICIRG YOUR ACCOUNT Dear. Stearns & Co. Inc. 183 Madison Avenue 10179 20 vs Transaction Detail (continued) INVESTMENT ACTIVITY (Continued) ~Oa DATE Ma CATE TRAsiCTICN DESCRP1101( Sweet/CUSP Ø PRICE OMIT AuColil CREPT MAXIIIT 02/25/05 PRNCPAL FEDERAL NAnONAL WO ASSN 313930206 .222.841 SERIES 2003-49 CIASS SW 4.470 DUE 01/25,33 PRINCIPAL MUM 02-25-05 OVUM JOURNAL FEDERAL NATIONAL MTG ASSN 3136FCBC9 SERIES 346 CLASS 1 DUE 11101/33 TOTAL $.03.120,067.13 $452.722.36636 INTEREST DATE mscernee 0Necucusr outemrt Rat ea 006 ~it aeon Amman 02/01,05 AVG BAL 584.5501T 1.503 756.50 021 CROCE MEREST 0106 02/15,05 FEDERAL FAME LOAN MSG CORP 31392T6E2 4,4100 48,724.18 SEWS 2483 Cl. SL DUE 0115/2032 4.410 MEREST PAYMENT 02-15.05 02/15A5 FECEILN. HOME LOM MID OCILP 313927/32 5.4100 51.578.80 SERIES 2488 CLASS SO DUE 03/192032 5.410 IC RA 01-05 ND 02-1545 REPOP 8I 5.5200 02/15/06 FEDERAL 11CIAE LOAN MG CORP 31393FAF3 4,8100 81.820.82 SERIES 2530 CLASS SE DUE 02/15/2032 4.810 INTEREST PAYMENT 02-15-05 0211545 FEDERAL NOME LOAN INTO CORP 31393F086 4.4100 24.283.37 SERIES 2528 CLAM 5I CUE OW92032 4,410 MEREST PAYMENT 02-1505 027 03101/0k110. 00, M12 Beet Stew% Sauna Ca, Ore ~can tern me. NW WI 201 11159 FINANCIAL TRUST CO INC STAMEN! PERICO FitflaVy 1,2005 T~3m Fettroary 262005 ACCOINT TA)PAYM MIMI,CR On Ric µ1T s-A-cite January 11.2005 EFTA01260563 rn 8 b.) b.) BEAR STEARNS OFFICE SERWCWG YOUR ACCOUNT Bear. Stearns & Co. MG 383 Madison Avenue New York. New York 10179 0.PARCo notPcx>. ITS vepOur tromp) SUPSCAAPP Bait Stems SecuPle. Cap. On. ~KEA Cats Mpth 0,0Xty' P. Nat Volt 1120148SO FINANCIAL TRUST CO INC 21 ax Transaction Detail (continued) INTEREST (continued) STATEstit PIERICO THROUOI ACCOUNI 1104tet TAXPAYER Mae LAST STATEMENT Februbp 1, 2005 Feteuary 20 2005 On Fie lailUagy 31. 2005 DAM OLSCRIPTPI SYIABOUCLII. COMM ItUt 159 WYr Al/C011 CR= WOW 02/15/05 UNITED SLATES TREASURY &MOS DUE 02/15/2031 5.375 912810FPS 54750 268,750.00 IC WO 02-05 PD 02-15-05 0 022205 GOVERWENT NAIDNN. MTG ASSN SERIES 2004-5 CLASS PS CUE 02/20125013 PM 02-2 4.40450 e 01-0 5 39374F007 4.4500 15.945.83 REPO PSI 4.4500 -n 02/22/06 GOVERNMENT NATIONAL MEG ASSN SERFS 2804-5 CLASS PS 38374F087 4.4500 81.954,17 DUE 02/20/2033 4.450 WT R/D 01-05 PA)02.2005 REPO P & I 4.4500 in 0202305 GOVERNMENT NAT0w4. SAG ASSN SERIES 2004-5 CLASS PS DUE 02/202033 4.450 383741067 4.4500 156288.87 NEM CR INT FOR 212012005 PD 022505 FANNIE MAE 0.113ISERIES 2003.13 S RCR40 FLTR 31392.092 5.4700 124.771.88 DUE 0325/2033 5.470 R/D 01-05 P002.2545 REPO P & I 5.4700 r 02/2505 FEDEFuL NATIONAL LOG ASSN SERBS 2003-49 CLASS SW 31393C2C6 4,4700 51.372.14 DUE 01/252033 4470 INTEREST PAYMENT 02.25-05 02/25/05 FEDERAL NAllONAL MIS ASSN SERIES 353 CLASS 2 3136FCL06 &NCO 120.606.00 DUE 07/01 5.000 PR MO 01.05 /2034 P/D 02-25-05 REPO P & I 5.0000 6SZTSEOCIA19- ANGS 027 N01AIk1TAP O 1 0472 EFTA01260564 CUERO THAMES ITS An.CATT OATAD SUISOLTAM rn 8 b.) IJ UT UT IJ -n C in r 09ZISE00- O19- ANGS BEAR STEARNS OFFICE SEFMCING YOUR ACCOUNT Bear. We= & Co. Inc. 383 Mattson Avenue Neve Y N Y 10179 22 of A Transaction Detail (continued) INTEREST (0000111100) DAR CESCOSTION 02/25105 FEDERAL NATIONAL MEG ASSN SERFS 353 CUSS 2 DUE 07101/203/ 5.000 INT PJD 01-05 P/D 02-25-05 REPO P 6I 5.0000 TOTAL 51.056.136.65 SMAINSUOESTE 3136ECID6 acs. Sten Storlis Cab Cne Nemeth Dew WM dilkill20141159 FINANCIAL TRUST CO INC STATEMENT /moo Feteuery 1.2005 TiotOtES Fetinary 28.2005 04:COCAN: StNeen TAICONalt PAW On De US? STATEITENI knotty 31.2005 Qum= RATE ra DEW ALCUIT CREOR MOM 5.0000 140.70783 REPURCHASE AND REVERSE REPURCHASETRANSACTIONS with Bear,Steams& Co.Inc. sonswort WAX DATE DATE TRANSACTOR cOMAimett MODUCLOP 0/Awnr/ can SEEM MDR mew 02/0106 RECEIVED UWED STATES TREASURY NOTE 9128280/8 15.000.000 15.000.000 .00 DUE 01131(200 01(371107 3.125 3.125 OUE DNA F03210133 Al RESALE AGREDAENT 02/04405 JOURNAL GOVERNMENT NA113101. WO ASSN 383747087 17.600.000 SERIES 2004-5 CIASS PS 4.450 DUE 02/20/33 TEM 10263237 At TERM REPO AGREEMENT 02/04/05 JOURAMI. GOvERNMEM NATIONAL JAG ASSN 38374(007 -17,600000 SERIES 2004.5 CLASS PS 4.450 CUE02/20/33 FITMARGN 10353211 Al REPO AGREEMENT 02104105 RECENED UNDID STATES TREASURY NOTE DUE 01/31/2007 3.125 3.125 DUE 01/31/07 EOM F0350572 Al RESALE AGREEMENT 9128280/6 25.0:0.000 25.400.003.00 02/071135 JOURNAL FEDERAL NOG E LOAN WO ODD 313927/32 41.212.304 SERFS 2458 CLASS SO 5,_520 DUE 0311932 MD F0353354 Al REPO AGREEMENT 01/ COM1/05:1100 001 MPS EFTA01260565 -n C in r T9ZISEOCIND- ANGS I8 b.) IJ BEAR STUNRNS OFFICE SERVICING YOLK ACCOUNT Bear. Steams 6 Co. Inc. 383 medson Avenue New Y New York 10179 23 a Ts Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (tonoeuete SEMEATENT TRADE WE DAN IREMS€11011 DCSOVEDCM TEVTIOUCWW EMANIITI DEW MOM 02/07/05 JOURNAL FEDERAL HOME LOAN MEG Cede. 313921/32 11,212304 849.000.00 SERIES 2488 CUSS SD 5 520 DUE 03/15(32 Finn 10283232 A2 TERM REPO AGREEMENT 02/07/05 ctsARED THROWN ns WMOur ONAMED SmaSisVarr Ilar. Sun Swabia Corm 0-• Iderotetri Came Mx, Eracier. Pan rcti 11201.3959 FINANCIAL TRUST CO INC STATEINNT Primo FCOCLS7 1. 2005 THACmaN Eettuary 28 2005 ACCOvia mate IMEPANEA roe On Pie LAST STATEMENT Lawry 31.2005 CRS 'MUIR 02/0705 JOURNAL Mae MAE CMUSERIES 2003-13 31392/012 27.372.255 S RCR-VO FUR 5,170 01.E 03/25/33 FTDA 10383067 Al REPO AGREDAENT JOURNAL ANTED STATES TREASURY NOTE RIM Rolcete A2 4,250 DUE 11(15114 TERM REPO AGREEMENT 912828801 31.0001330 31,1455.000,00 02/07/05 JOURNAT. METED STATES TREASURY NOTE TIM 10380738 Al 4.250 DUE 11115114 REPO AGREEMENT 02/07/05 912826001 -52.000.000 53.105.000.00 teicENED UNITED STATES TREASURY NOTE CUE 12131/2006 3.000 3,cco DIE 12/71/06 MIA 10380743 Al RESALE AGREEMENT 9128280/4 160.000.000 160400.0GO .03 02/07(05 OEUvERED UNITED STATES TREASURY NOTE 1712526014 476.000.000 175,220,030.00 DUE 12/31/2006 3.000 3,000 DUE 12/31(06 RDA F0310890 A2 TERM RESALE AGREEMENT 02,07105 JOURNAL UNITED STATES TRUSURY NOTE RDA 10310758 AZ 1625 DUE 01/15/10 TERM REPO AGREEMENT RECENED UNITED STATES TREASURY NOR DUE 01/31/2007 3.125 1_125 CUE 01/31/07 MI 10380745 Ale RESALE AGREEMENT 912828062 20.000.000 19.925.000.00 00/07/06 91282$DX 5.000000 4,999,990.99 03.01081100 WI 1172 EFTA01260566 rn I8 b.) IJ ,C+ .O- O ii C rn r Z9ZISE00-019-ANGS BEAR STURNS 01110E SERI/at YOUR ACCOUNT Dem. Steams & Co. Inc. 383 Madison ATOMIC New York. New EOM 10179 24 ot :a REAPED THAOJO4 ITS WWOLLV (NANO Sue:CARY Our Sun Soo.fias Crit thocuch Crow WO. Orcollyo. Neff Vol 11201.3.9) FINANCIAL TRUST CO PC STAMEN', MOOD hamar, 1.2005 'mom Felnaty 282005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) ACCOLNT MAWR T. AVER NANO LOT /MANNINO January 31 2005 SIMEMENT ONE OM% OWE MMSACTION CESCOPTO. snocucusro Mum DUNI MOM Oa MONO 02/07/05 DELNERED UNITED STATES TREASURY NOTE 9128280)6 45.coocoo 15,000,000.00 DUE 0101/2057 3.125 3.125 DUE 01/31/07 MEM 10321063 A2 TERM RESALE AGREEMENT 02/07/06 IXUVERED LIMITED STATES TREASURY NOTE 9123290/6 45.000Doe 23.030.000.00 OM01/31/2007 3.125 3.125 DUE 01/31/07 RDA F0150572 A2 TEAM RESALE AGREEMENT 02/07/05 RECEIVED MUTED STATES TREASURY NOTE 9129280/6 Ka= 49.999.999.99 DUE 01/31/200711D7 3.125 3.125 CUE 0113 RDA 5 A l A RESALE ACAED F038074 AD1r 02/07105 MUST FEDERAL TOM LOAN MTG CORP 913927/32 657.97 SERFS 2488 CLASS Se DUE 03/15/2032 5.520 FIN 10283232 A2 REPO MEREST 02/07/05 MEREST UNITED STATES TRFISURY NOTE 912028001 12.192.69 ODE 11/15/2014 4.250 nTm 10310806 A2 REPO MEREST 02/07/05 INTEREST UMTED STATES TREASURY NOTE 912828014 64.271,35 DUE 12/31/2006 3.000 FIDE F0310890 A2 RESALE INTEREST MOMS INTEREST UNITED STATES TREASURY NMI 912329042 7.372.25 DUE 01/15/2010 3.625 RIM 10310758 A2 REPO MEREST 02107/05 MEREST UMW!) STATES TREASURY NOTE 9128280/8 3.229.17 W(0151/2007 3.125 MU F0350572 142 RESALE INTEREST Oa? cootuatilti Om EFTA01260567 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 5 Co. Inc. 383 Madison Avenue Now Yoh. New York 10179 25 a SE Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS SCITLISAMT MAX OAR tun huammi ~TOM (confirmed) STIAIOUSIMI 02/07/05 INTEREST URRO STATES TREASURY NOTE 912828016 DUE 01/31/2007 3.125 FILM 70321083 A2 RESALE MEREST 02/09705 JOURNAL GOVERNMENT NATIONAL MIG ASSN 38374F007 SERIESDUE 20004.52 CLASS PS 4.450 270/33 MD 10403143 Al -n 02/00/05 MIRNAL REPO AGREDAENT GOVERMENT NATIONAL WIG ASSN 383747087 SERFS 2044 CLASS PS 4.450 DUE 02/20/33 EMI F0283235 AZ TERM WO AGREEMENT in 02/0905 INTEREST GOVERMENT RATIONAL MG ASSN SERES 2004-5 CLASS PS 383747087 DUE 02/2012033 4.450 Rua 70283235 A2 WO INTEREST 02/10105 JOURNAL FEDERAL NATIONAL MIG ASSN 3138FAM6 SERIES 329 CLASS PO STRIP DUE 01701/33 FILM 70313080 A2 r 02/10105 JOURIUJ. TERM REPO AGREEMENT FEDERAL NATIONAL WC ASSN 3136FAWES SUES 329 PO CUE 01/01/33CLASS STRIP ESZTS£00- IN9- ANGS DIM F0413328 Al REPO AGREEMENT O22Ø JOURNAL DCEML NATIONAL MIG ASSN 3136FCM9 SERES 352 CLASS 1 0001 DUE 07/01/34 MIA 70413299 Al REPO AGREEMENT ~MIS SUIT ~MT 4.300.000 4,300.000 500.000.00 465.00 11,214.184 8.409.000.00 -11.214.184 .5.063.863 ~MD TsolOLKAI ITS ~iv CAMSE0 gal:~ IlaaScen kart" COST. PIA Melsotech Linter Nash 11201.3ese FINANCIAL TRUST CO INC STATEMENT enti00 id:nary 1,Ø5 TWIP:m›. SetaSASS/ 28.2005 ACCCuxT lilAve*M tAxPAYER WM« • LAST STATENEST /army 31.2005 OtEDS MPOV41 4.604.17 8.514.803.0D 3,784130.00 Ø 080113MIM 031 N72 EFTA01260568 et Tan) TNAOUGN ITS Amour OTATGO SUSSOWitv ET1 8 IJ IJ -n C in r P9ZISE00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stew/ME Co. Inc. 383 maciscn Avenue 10179 26 ATM Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) SLIRLIENT OAT( OAT( NEUETACTEN OESCRITTOK 02/10.05 JOURNAL UNITED STATES TREASURY BONDS FTIM F0411002 Al 5.375 DUE 02/15/31 REPO AGREEMENT SWITSLCUSIE 9128101P0 -10.000.000 11,762.500 .00 SAN SEWN SeCuiLAS Cap. Cr* MerCATCA CAMS TEM litoonAt Mw Tort 112014059 FINANCIAL TRUST CO WC STATEMENT TENCO Fetruaty 1.2005 MINCLOT Fe/mg 202005 Actor muslin TAAMANTR WINKS Cm NM lAST vrAnnaorr Dun 31.2005 OUANTIN CCIE NONTI mow mesa 02/10/05 WREST FEDERAL NATIONAL LNG ASSN 3136FAVE6 6.446.90 SERIES 329 CLASS PC STFOP CUE 01/01/2033 0.000 FITIA F03130430 AZ REPO NTIREST 02/1 1/05 JOURNAL UNITED STATES TREASURY NOTE TM F0380738 A2 4.250 DUE 11/15/14 TERM REPO AGREEMENT 912828001 52.000,030 53.106.000.00 02/11/05 /CORRAL MED STATES TREASURY NOTE 9120280C1 47.000.000 56.140.000.00 /DM 10420887 Al 4.250 00E 11/15114 REPO AGREEMENT 02/11/06 JOURNAL FEDL MAW Law MEG 03RPIS02644 312130/U07 1.632.264 1,199,000.00 SERIES 218 CL PO DUE 02/01/32 MA F0203229 .42 70791 REPO AGREEMENT ozn 1A:s5 JOURNAL Fitt NOME LOAN MEG CORPOS02684 3128CM] 9.717.841 7.600.000.00 SERIES 218 CL PO DUE 02/01/32 FMA /0193183 A2 TERM REPO AGREEMENT NIERST UNITED STATES TREASURY NOTE 912828001 11.181.55 CUE 11/15/2014 4.250 FELT F0380738 A2 REPO MEREST INTEREST FED. NINE LOAN MTG CORN/S02684 312SCVUG7 1.300.92 SERFS 218 CL PO DUE 02/0112032 0.000 FRIA 10283229 42 REPO INTEREST OW 1/05 02/1 1.05 027 0101/06:11/30 001 V•72 EFTA01260569 C) 0 1 1 rn r S9ZISEOCIN9- ANGS I8 b.) IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Elear, Steams 8 Co. Inc. 383 Madison Antroct New York. New York 10179 27 nu CalaieRS THRSUOP. ITS %WOLIN Ceilia SESSn.RY am. Sion Sawn Car, O. e Wont, Canis Myr, fitoser. Sty tit 201.3u9 FINANCIAL TRUST CO WC STAnsillia PERI00 Febnary 1.7005 notoJai Fetnary 28.2005 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (cominioin SallaENT 11240E DATE DATE SWISAC1011 DESCRIPIION SYMIWCUSIP crAwne OM MOW ACCOLINT Wan TAXPAYER Wan P. M LAST STATEMENT bury 31. 2005 MCC OACIUki 02/11/05 INTEREST ROL HOME LOUT MTG COEIPc502664 3128CVUG7 13.110.00 SERFS 218 Cl. PO DUE 02/0112032 0.000 FfT/A 10193183 A2 REPO MEREST 02114/05 JOURNAL FEDERAL NATIONAL TOG ASSN SIRES 345 CLASS 1 3136TC8C9 4.310.907 3.96200020 DUE 11/01/33 FITE F0453380 At REPO AGREEMENT 02/144)5 JOURNAL FEEL HOME LOAN TAG COPPoS10109 SIRES 227 CLASS 10 31282YON6 4180.325 2,155,000.00 5000 DUE 12/01/34 FIIM 10453189 Al REPO AGREEMENT 02/14/05 DEUvERED UNTIED STATES TREAD IRY NOTE DUE 12/31/2000 3000 9128210t4 .180.000.000 160.000.000.00 3400 DUE 12/31/06 MA F0380741 A.2 TERM RESALE AGREEMENT 02/16135 MOVED UNITED STATES TREASURY NOTE 912828014 185.000.000 tettooloco.co DUE 17./310008 3.000 3,000 DUE 12/31A36 FTTM 10450814 Al RESALE AGREEMENT 02/1405 INTEREST UNITED STATES TREASURY NOTE DUE 12/31/2006 3000 9128260// 67M66.67 ROA 10380743 A2 RESALE INTEREST 0211805 JOURNAL FEDERAL HOME LOON MTG CORP 313927132 10.944.807 SERIES 2488 CLASS SO 5.410 061103/15/32 FMIA /0383364 A2 TERM REPO AGREEMENT WI 03031.9.11:00 001 2112 EFTA01260570 WANED InNOuGm ns vewaty OrmOD SUISIXARv C)0 -n C in r 99ZISE00- 019- ANGS 8 IJ IJ U BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steens & Co. Ine. 383 Madison Avenue Y Nes Yea 10179 te a31 Transaction Detail (continued) Ow beam Stone. Ca". 0-• mentoch Cantu Mon mar 11201.3159 FINANCIAL TRUST CO INC STATEmENT PEPICO FebUMy 1.2005 THROUGH id:fury 28.2005 ACCOva Humeri TAxPATEN masa On Fie REPURCHASE AND REVERSE REPURCHASETRANSACTIONS ucntnuon vat EMMERT January 31.2005 SETTLEMENT TRW GATE b.R IRMISALMON OESCRPT04 02/1$/05 JOURNAL FEDERAL HOW LOAN MIS CORP SERIES 2488 CLASS SO 5.410 DUE 03115132 141.4 F0463210 Al REPO AGREEMENT SRAGOVOSP 31392/132 40.9444307 310.000.00 DAMN OUNT /YOUNT CMS AMOUNT 0211 SOS JOURNAL FEDERAL NATINAL MEG ASSN SERIES 346 CLASS 1 DUE 11101/33 ATM F0463248 Al REPO AGREEMENT JOURNAL FEDI. 1006E LOAN LOG MR1.4,510109 31282YDN6 4.869.325 2.125.003.00 SERIES 227 CLASS ID 5.000 DUE 12/01134 EITTA F0463244 Al REPO AGREEMENT 3136FC8C9 4.310007 3.972000.00 02/15105 02/15105 JOURNAL MATED STATES TREASURY BONDS FMA 40460687 Al 5.375 DUE 02/15/31 REPO AGREEMENT 912810148 4.000.000 9.067000.00 02/15106 JOURNAL UNITED STATES TREASURY FICNGG FTIM /0411002 A2 , 5 375 DUE 02/15131 TERM REPO AGREEMENT 9128101P6 10.000.000 11.752.503 .00 02115105 JOURNAL UNITED STATES TREASURY NOTE MA 10460637 Al 4 250 DUE 11/15/14 REPO AGREEMENT 912628001 .42.000.000 42.840.030.03 02115/05 JOURNAL UNITED STATES TREASURY NOTE EOM F04208/37 A2 4,250 DUE 1111 14 TERM REPO AGREEMENT 912828001 57.000.000 58.140.000.03 02115/05 DELNERED UNITED STATES TREASURY NOTE DUE 01/31/2007 3.125 3.125 DUE 01/31/07 TM 40380745 A28 TERM RESALE AGREEMENT 9128280/8 4.000.000 4.999.90919 027 03411/05:11/30 001 von EFTA01260571 0 m cim H r L9ZTS£00- 01D- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT( Bear. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 Transaction Detail (continued) ACOPINT WIMP TwAYER NOWA 00 Flit REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (ccednuad) uraT surerzwr lanuwy 31.2005 SETTLF).07 WOE DAR DATE IltAl6aCTON 84501011:44 IMAM/Ca MµNMY can mown MECO wan 02/15105 81-CMED UNITED STATES TREASURY NOTE 9128280/8 15.000,000 15,075,000.00 DUE 0141/2007 3.125 3125 DUE 01/31/07 FR/4 F0480624 13 RESAIE AGREEMENT 02115/05 DELIVERED LAIRD STATES TREASURY NOTE 9128280/6 -50.001C00 49,999,999.99 DUE 01/31/2007 3.125 3.125 DUE 01/31/07 FITM F0380745 A2A TERM RESALE AGREEMENT 02/15616 INTEREST UNITED STATES MAW, 80405 912610FP8 3,777,07 DUE 02/15/2031 5.375 rem F0411002 A2 REPO INTEREST 02/15/05 INTEREST LIMED STATES TREASURY F40TE 91282600 13.438,60 DUE 11/15n:014 4.250 ATM 10420887 A2 REPO MEREST 02115.05 INTEREST UNITED STATES TREASURY NOTE 9128280/5 1.569.44 001/31/2007 3125 T039074 O RF FITM SAIF INTEREST5 A2 02/15/05 FAIREST LNTED STATES TREASURY NOTE 9128280/6 15.694 e4 DUE QIN 01/3 F0112C07 5 it3.125 38074 a RESALE MEREST 02/16.0.5 JOURNAL FEDERAL ICNE LOW MTG CORP 313927732 10,94e807 310.000,00 SERIES 24843 CLASS 50 5.410 DUE 03h 5/12 FEN F0463250 .0.2 TERM REPO AGREEMENT 02/1806 JOURNAL FEDERAL HOME LOAN MG CORP 313927/32 40944,107 310.000.00 SE ERIE S 2488 CUSS SQ 5.410 DUE01/15/32 FILM F0483250 A3 TERM REPOAGREEMENT GEARED PeetOUGH ..p.Ottv PANED SUPPIPAIre Saw. Warm swum Cap. On. ~WO Germ Mat pmt Pa. Yen 11201.3859 FINANCIAL TRUST CO INC SIPTIpefle PCRICO Febuary 1. ?COS retray 28.2005 022 03/01/01c11/11 4101 1,872 EFTA01260572 cumin Twos RS WMCUY OMB) 89980ARY C) -n C in r 89ZISEOCIN9- ANGS 8 b.) O IJ BEAR STEARNS MICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 MarIson Avenue 0179 30 et ee Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) StraDADO TUX pnl DAft 99.9SACTIOM DISCRIMON 02/1605 JOURNAL GCNERNNOJT NAT: WA MTG ASSN SERIES 2004-5 CLASS PS 4.450 DUE 0220/33 FITM F0133269 A5 TERM REPO AGREEMENT SYMICUCUSP 38374/087 OuoNmy CC WI MA0018 SW. Swims Secunfn Cs One lieroWch Coin WS 11201-38a FINANCIAL TRUST CO INC 976111.8s7 KfaDO Eamon, 1.2005 rmitOual Cebu:9y 28. 2[05 ACCO.N. NiA/WIR TAXPAYFFt mi.WER (1011 n2/ LAST STATtlitla Aviary 31.2095 CREDIT WOUVI 22.100.000 2.601.000.00 02/16/05 JOURNAL GOVERMENT NATIONAL MTG ASSN SERIES 2004-$ CUSS PS 4.450 DUE 02/20/33 ATM F0133289 All TERM REPO AGREEMENT 38374/987 .22.100.000 2.601.000.00 02/1605 JOURNAL FEM. NOME LOAN LITO CCRPS$10100 312$2Y1X48 .13.817.058 SERIES 227 CUSS 0 5.020 DUE 12.0184 MA 10473174 Al REPO AGREEMENT 02/16/06 JOURNAL Mt NOM LOAN MTG CO0010109 11287MNS .5.921.595 1.285.030.00 SERIES 227 CLASS 10 5.000 CUE 12/01/34 ATM F0473176 Al REPO AGREEMENT 02/16106 JOURNAL FEDI. 14061E LOIN MEG CORP9510109 312921906 9,889.325 2125.000,00 9912IFS 227 CLASS 0 5.030 DUE nrovs. MA 10463244 A2 TERM REPO AGREEMENT OW 605 JOURNAL FED. HOME LOAN MEG CORPOS10109 31282YDN6 9.869.325 2.156.000.00 SERIES 227 CUSS 10 5.000 CUE 12)01/34 ATM 10453389 A.2 TERM REPO AGREEMENT 02/16/06 JOURNAL UNITED STATES TREASURY NOTE AMA 10480637 A2 4.250 DUE 111514 TERM REPO AGREEMENT 912828001 42.000.000 42.840000.00 01/16.06 JOURNAL UNITED STATES TREASURY NOTE FRIA 10470849 Al 4.250 DUE 11/1514 REPO AGREEMENT 912628001 -45.000.000 45.900.000.00 027 0101/06.1107 COI 8171 EFTA01260573 I 96£ZZOO-NiLi3 _ _ 69USE00 1ND ÀNGS BERR STU\RNS OFFICE SEFOACING YOUR ACCOuNT 8ear. Stedens 6 Co. Inc. 383 Madison Avenue New Yak. New York 10179 Transaction Detail (continuel) ACCOne mea" recPAYtn man On rue REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continuel!) US* Sternal« luruze, 31.2005 sentsuon 1R40t OVE Wt IfiticSACM44 Dt3CRInnOtl $‘740C.te15111 Oartai Wen mcgsa allOn IMOUICS 02/16/05 INTEREST FEDERAL Kea LOAN WC CORP 313921732 24.03 SERFS 248 /2 8 Ct4SS 550 5032 .410 DUE 03/1 MA F0463250 42 REPO INTEREST 02/16105 MERLU FECFRAL le« LM LOG CORP 313921/32 24.03 SERIES 2488 CLASS 50 OUF 03/15/2032 5.410 FITM F0463250 A3 REPO INTEREST 02/16/06 FJTEREST GOVERNMENT 2/AØ MM A5644 383701387 7,025.59 SERIES 2004.5 CLASS PS DUE 02002033 4.450 FM4 F0133269 A5 RER) INTEREST 02/16/05 INTEREST GOVISINMENT NA113t0.1.10G MN SERFS 2004-5 CLASS P5 38374FDB7 7.025.59 DUE 02/20/2033 4.450 FMA F0133269 46 REPO NTEREST 02/1605 INTEREST FEN. »041E LØ MG CORP•S10109 312821006 164.69 SERFS 227 CIASS ID OUF 12411/2034 5.000 FITM F0463244 A2 REPO INTEREST 02/1605 MITEREST FEDL NOME ROAN LITS CORP4S10103 31282111146 334.18 SIRES 227 CIASS IO DUE 1201/2034 5.000 FIIM F0453389 A2 REPO WITAF-ST 0206/05 INTEREST DM= STMES 1RFASURY NOTE 912828001 261.80 DUE 11/15/2014 4.250 FM.4 F0460637 42 REPO »OUEST Cucei0 "lai>. Orne SUSSOnar Yen Suent Scoents Caen Cne 1FtØ9 Cerner Cern &cale. Ne. Ton 11201-3859 FINANCIAL TRUST CO INC sTATiure n*00 tebnAri 1.2005 rfleoure ietduary 28.2005 027 01.431/060190 Cel 1923 EFTA01260574 ammo 0,4000.1 erS «OLLY Ow«) SUBSCARY OLZISE00- IA19- ÅNGS BEAR STEARNS OFFICE SERVI" YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New York 10179 32 tt Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (conUnued) Bey Sun Roars OS Ore Wow« Co« NO« reecepr. We yak 1120144« FINANCIAL TRUST CO INC SlereenT Into Felotary 1.2005 rencrucor «Ma« 26.Ø5 42.02411- SUNDER Tr4.4.11ER •Lireeft en Irde Surnirei Sinai 31. 2005 SEnlimlm Ma« OAT( PAX 9.4/15.141104 OCSCRIPMPI 51144C4JCU5P 0.44111Y Carl SOWN MOO AVOLIIII 02.07A)5 JOURNAL FEDE HOME LOAN MTG CORP15101011 31282MN6 -5.921.595 MRCS 227 CLASS ID 5,003 DUE 12/0034 Ma 10493199 Al REPO AGREEMENT 0207/05 JOURNAL FEDE NOME LOAN MG CORP/510109 31281YDNE1 5.921.595 1.285.000.00 SERES 217 CLASS ID 5 000 ls FiTIA OM F04731 Ido 78 A.2 TERM REPO AGREEMENT 02/17106 JOURNAL FEDERAL NOW LOAN MTG CORP SERIES 2488 CUSS SO 5.410 Ø03f1532 MA F0483250 A4 TERM REPO AGREEMENT 31392T.132 10.944.807 310000,00 02117105 INTEREST ROL RPM LOAN MM QMP4510109 31282111146 99.59 SERES 227 CUSS la DUE 12101/2034 5.000 RIM F0473178 A2 REPO INTEREST - 02/17M5 MEREST FEDERAL HOME LOAN NM CORP 313921/32 48.05 SERIES 2488 CLASS SO DUE 0Y15/2032 5.410 FIlM F0463250 A4 REPO INTEREST 02R8/06 JOURNAL UNITED STATES TREASURY 8C4486 MAI F0490611 Al 5.375 DUE 02115/31 REPO AGREEMENT 912810FP8 -8.020.000 8.712.500.00 02118.05 JOURNAL UNITED STATES TREASURY ENRJOS AM F0480887 A2 _ 5 375 DUE 02/15.131 TORM REPO AGREEMENT 9128104Pa 8.003.00D 9.087.000.00 CORMS JOURNAL UNITED STATES MEASURE NOTE fRM t0470849 A2 4.250 DUE 11/15/14 TERM REPO AGREEMENT 912828001 45.0031:00 45.900.000.00 027 0101/06:1190 LOl Veit EFTA01260575 0 0 z ii C in z r ILZISE00- 019- ANGS BEAR STERNS OFFICE SERVICING RNA ecoDuer Beer. Stearns & CO. Inc. 383 MadISen Avenue 10179 33u Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS SEMMES, MADII DATE OAR TraliSACTC0 DESOSHION 02/18/05 JOURNAL UNITED STATES TREASURY NOTE rrn.i F0490624 Al 4.000 CUE 02/15/15 REPO AGREDAENT 02/10A)6 MEREST LNTED STATES TWAtI NY BONDS DUE 02/15/2031 5.375 FONT F0460687 A2 REPO INTEREST 02/18/05 MEREST LIMED STATES TREASURY NON 11tI 5/2014 4.250 FIRM F0470849 A2 REPO MEREST 02/22•05 JOURNAL UNITED STATES TREASURY BONDS RDA F05306$1 Al 5.375 DUE 02/15/31 REPO AGRUMENT 0222/05 JOURNAL UNITED STATES TREASURY BONGS FIN F0490613 A2 5.375 DUE 02115/31 TERM REPO P.GREDAENT 02/22/05 DELNERED MATEO STATES TREASURY NOTE DUE 12/31/2005 3.000 3000 DUE 12/31/06 FITM F0450614 A2 TERM RESALE AGREEMENT 02/22/05 RECEIVED LIMED STATES TREASURY NOTE DUE 12/31/2006 3.000 3.000 DUE 12/31/06 MM F0530664 Al RESALE AGREEMENT 02/22(05 amnia TAKAO+ MS vantre OARTGO SUSSOAAr Sat. Stens Swan Cap. Ere net-N-O Center NoT 1120141159 FINANCIAL TRUST CO INC sTAIWINT Nam reCncey 1,2005 TAROuGAI fel:run 28.2005 ACCOLrit NJussa TA IN= X...writ mum' e (centnuee) SOALCAOAIP 080(MT OM NAOMI LAST ItTATDANT January 31.2005 0ID0 /NAM 91282$0M9 40.000,000 29,475,030 .00 912810FPS 1.807.30 912826=1 3.060.03 9128101P8 .3.030.000 3.322.603.00 SIT 2810F713 6.000.000 6.712.500.00 912828014 -185.000.003 185.000.000.00 91282BCO 195.000.000 104.756.250.00 INTEREST UNITED STATES TREASURY BONDS 912810M8 1,790.00 DUE 02n 5/2031 5.376 MIA F0490613 AZ REPO MEREST 027 01/01X6:110. 0)1 %1172 EFTA01260576 WARM 110000.4 rte woes( Crstit0 SitoS(M C)0 -n rn r ZLZISE00-019-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sew. Stearns E. Co. Inc. 363 Medeson Avenue New Neck. New York 10179 34 a3 Transaction Detail (continued) Our Sun Scats Co,. Cr* Iderstaech Cerro 'b • 113w nit 11201.3050 FINANCIAL TRUST CO INC STATItir.:7 MUD, /dray 1. 2005 11•04.0... Fettuary 28.2005 ACCOvra %%Mel 7,47Aren PrJIMEil On fee REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (anus.* LAST STAtEmetr 'arum,/ 31.2005 DA011 DATE OAT! 00.12 TRANSPZION COMMON SY1031.C.C. 02/22/05 INTEREST UNITED STATES TREASURY NOTE 912828/714 DUE 11/1112006 3.000 RIM 10450614 A2 RESALE INTEREST CIUMITSY 02/23/06 RECENED UNTIED STATES TRE/SUfn NOTE 9128280)6 6.000.000 CUE 01/31/2007 3.125 3.125 DUE 01/31/07 REM F0540900 Al RESALE IttfileN7 men .G.M01.00 CREDIT AvOLNI 8474028 7.990.000.00 02/23/05 DEINERED mote STATES TREASURY NOTE DUE 01/31/2007 3.125 3.125 COE01/31/07 FILM /0/60524 TERM RESALE AGREETADR INTEREST UNITED STATES TREASURY NOTE 9128280/6 3.400.25 DUE 01/31/2007 3.125 RIM F0460624 A4 RESALE MEREST 912828016 -15.000.003 15/375000.00 02/23.95 02/24/05 DEINERED MATED STATES !RUSIN( NOTE DUE 12/31/2008 3.000 3.000 DUE 12/31106 RTM F0530664 A2 TERM RESALE AGREEMENT 02/24/05 RECENED uNnto STATES TREASURY NOTE DUE 12/31/2006 3.000 3.000 DUE 12/21/06 FRIA 1055C66 Al RESALE AGREEMENT MEREST UNITED STATES TREASURY NOTE 9128260E4 23.370.75 DUE 12/3112006 3.000 nna 10530664 A2 RESALE INTEREST KORNAI FECCRN. NADY411 iiTG ASSN 313471138C9 -3.929.997 SERIES 346 MASS 1 DUE 11101/33 FIAT 10563273 Al REPO AGREEMENT 912828014 -195=0.000 194.756.25000 9128280.14 200.000.000 200.000.000.00 022406 02/25/05 ••••• 027 ofnuekteee col Wag EFTA01260577 tn I8 IJ IJ •13 0 m c [truncated]