EFTA Document EFTA01320297

Statements CONFIDENTIAL SDNY,,00350110 EFTA 00,,,80, EFTA01320297 BEAR STEARNS OFFICE SERVIONG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Vett New Yoh 10179 CLEARED THROUGH ITS WHOLLY UMW SLIIIIIIMRT Oast. Ron Sweets Cs a - Carer SOP ant 112014159 EPSTEIN INTERESTS STATTI/Vir nee* An 30.2007 nrsOUGor My 31.2007 nr-COLT4T NAOS" TASSAYES SSIVIISS Ott Tie INVESIMIRI PROFFSSKRIAL ZICHERMAN.IRA IEtEPINME VISIT OUR VtIBSITE now.bearstearn5.COM What's In This Statement 11 IIIIII11 lllll III II IIIIIIIIIIIIIITHAIIIII Ill 111111 Ill nor SIAM/tor line 29, 2007 Financial Summary 3 EPSTEIN INTERESTS Your Pedlar* Holdings 4 DTD 12/26/91 Transaction oetai S JEFFERY E EPSTEIN & MARK L Fund Activity 5 EPSTEIN & WILLIAM ELKUS TTEES 0 Your Messages 6 -n C in r ITIOSEOCIN9- ANGS I8 IJ Is) 00 0 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE Of SECURITIES DAS PERIOD* 349,500 CIO & Equivalent — 5271.118 5289.973 MONEY MARKET FUND BAUNCE 271,116 EqAks 5349.500 S384.900 NET NINNY THIS MUM* 5620.618 Cumam enemy value NCT ECMTY EAST STATEMENT 634.873 OM Last stemmata mutat taut CHANGE SINCE LAST STATEMENT .14.255 'TN, - htOydeo ars fray ecrovia aroontin r n rat rotIonal nh ass Vann S Seams son ' ,twee^ Thy Pero,. There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Primo Inn., my noon. ocerrnera of SIMS Or ad ,dolts orrnona yen n art Sinter ior writ to Clan Serval. at BS. Sewn Senor. Cos, Ora Ireorcrech Cony oat.. teconnft KY 1120, 34.:4 ST/ This summary is for wefonnatonal purposeS only. It is not intended as a tax document. Statement should be retained toe your rewords. See reverse side lee important intonmaton. 0601,0707.19 001 VOIS EFTA01320298 CLEME0 ¶MeOLON ITS wetter, 0,040 SUMMARY Bra Steens SKIMS Coy. One Motion Cow No Onnate Nen rot 11701.3859 EPSTEIN INTERESTS (-) 0 z m cim z H r ZITOSE00- IND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE INT 0001/07:07:19 COI V0IS EFTA01320299 0 -n z C rn z -H r ETIOSE00- 019- ANGS I8 IJ IJ 00 BEAR STURNS OFFICE SERVKING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue 10179 CLUAEO TWCO3H rni .met. Dion aulys)oRY bet Si.n Tons co. Ono Liorooth Colo NM Nn Tat 11201.291.9 EPSTEIN 011TRESTS ST410.08, stow June 30. 2007 ThROSH J,0131.2.007 3 a e Cash Flow Analysis rms WACO Income Summary 045 P01300 Yunnan ACCOugT %meow TAXPAYER MAWR us? STATELIEST on fit kne 29.2007 Opening Balance 80.00 Ohiciends 1,144.87 8.807.80 Matey Fund • 1.144.87 Total 51,144.87 58,807.60 Amount Credited 5114427 Money Fund 4.144.87 Portfolio Composition Ainocmt Debited 8-1,144.87 Cash/Cash Equivalent 271.118 Closing Balance $0.00 Equties 349.500 Total 5620.619 MI Cron dtcunalent 44% 38.0107 0719 O31 9919 Your Portfolio Allocation ECIUMat 56% fl an.< 9~1 COVx cliel bin vote a91 now alai. The Xlece 9etteeesi• 499.94 nun Xe atecra• .ntax1 . *at yext pyre,. EFTA01320300 0 0 -n C in r VTIOSE00- 019- ANGS BEAR STEARNS emu SERVICING TOUR ACCOUNT Bete. Steams & Co. Inc. 383 Madden Avenue New YEWII. New YOik 10179 (212) 272-2000 4 Off. Your Portfolio Holdings CASH & CASH EQUIVALENTS CASCRATON SMEGICUCUSP DREYFUS CASH MANAGEMENT-CL A OICTOT INS11TuTIONAL SHARES EST. 30 DAY AVG YIELD 5.2100% TOTAL CASH 8, CASH EQUIVALENTS 5271.118 aNl 771 117.137 wan MACE VILTX 1.0000 271.118 CLIAMED THROUGH n WITCALY OMEGO SULTIOMERT M. Stearn swedes Cc. Oro PAtinexn c- Sat RrME T 1110, 40ME EPSTEIN INTERESTS STATEAMErt MEMO June 30, 2007 TMEOU3n my 31.2(07 ACCOUNT MEWING TAXPAYER AMEMER On Fit LAST STATEMENT kne 29. 2007 EOUMES Equities & Options The research ratings for Bear Steams (BSC) are sham for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 — Outperform; P Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO a Market Overweight; MW = Market Weight; MU — Market underweight. In cases where the BSC rating is present, the name of an independent, thirdparty research provider and their rating may also be displayed, voter° such research is available. The various providers use !Afferent ratings systems and have normal:red them as follows: Eta Buy: H Hold: S — Sell (this may not always correspond direct?y to the underlying rating system used by each provkler or BSC). The ratings Information contained herein is for informational purposes only and is not intended to provide tax, legal. or investment advice. Bear Steams is neither soliciting any action based on such information. nor endorsing any recommendation or opinion expressed by any independent. third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent. third-party research on " s covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at weak co or can call to request that a copy of this research be sent to them. DESCRP1109 S11A30.CUSIP ACC TYPE OUONITY PRICE 1/Mal MAE MINCED AWN% MOUE ESTIVATE0 MONO ABERCROMBIE & FITCH C041. A Alli CASH 5.000 69.9000 349,500 3.500 1.0014 BSC RAnN0 STOCX 0/SECTOR MN BUCKINGWA1 RESEARCH RATM a BANPAIS SA-SPONSOREDADR BPIBY CASH 20.000 Unpical REPSTG 6 MUSKS Total Equities& Options 5349.500 33,500 TOTAL E0UITIES 5349,503 $3,500 ,,SCHIO7tOIS 001 Xpf EFTA01320301 0 z ii 0 m z r STIOSE00- 019- ANGS I8 IJ V.) t0 00 0 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Deaf. Seams & CO. 383 ME•2000 Avenue New Y New YOlt 10179 Your Portfolio Holdings (continued) YOUR PORTFOLIO HOLDINGSESTIMATE0 ANNUAL INCOME 63,600 YOUR PRICEDPORTFOLIOHOLDINGS 6620.618 Transaction Detail MONEY FUND ACTIVITY CLEARED IWROVOH VO4Oltv Onne0 StainAnt ent. Retnes Seesaw Cap. 0't Meinonpd. Cater WTI **An , Nan Vali I1201,1859 EPSTEIN INTERESTS STATEllehl PERIO0 An 30.2037 ThnOVOW My 31. 2007 ACCOUNT WWIIVI TWAYER P•JIMEA On Fie tar STAITI.ENT Awe 29.2007 DAR NOSY tRANSACTEN 0000.110N S0602/0.00 COMOITY PW OEM AmOus0 CREW ASWIT 06/30/07 OPENINGBALANCE 269.973 07/02707 DMIDEND DREYFUS CASH MANAGDAENT.CL A DK:C< 1.144.87 INSTITUTIONAL SHARES AIONDILY OMDEND 07/02/07 REINVEST DREYFUS CASH MANAGEMENT-CL A DICIUI 1,144.87 1,144.87 INSITIUTKRIAL SNARES DMOCNO RENEW' 07/31/07 CLOSING8ALANCE 271,117.87 TOTAL 8-1,144.87 61.144.87 027 0001.0107:19 COI EFTA01320302 0 - z C in z -H r 9TIOSEOCIA19- ANGS I8 IJ IJ is) 00 C 000 00 BEAR STEARNS eirCE SERVCING YOUR ACCCVNI Bear. Steams Se Co. Inc. 383 /Mason Avenue `19,/ York, New York 10179 6 :ft Your messages I1W You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear. Stearns Securities Corp. (-BSSC1 at the telephone numbers listed on the front of this statement. In order to protect your rights, Including any rights under the Securities Investor Protection Act CSIPA"), any such communications should be reconfirmed in vsking to your broker and BSSC at the addresses which appear on the front of this statement. End of Statement 071 C401.07:07:11 0)1 VOIS atARED 116.0.0m ITS Wm0M.Y OWNED SUSSIOMRV Sent. Swims &Nan Co's UteroWth Coiner lem-0 0 .001r. Nn Vet 11201.1850 EPSTEIN IJIERESIS STATELENT Feat,00 An[ 30.2007 mir,JOH July 31. 2001 ACCOLwr War" ?NOTATE., NLAMMIT On Fee LAST STATEMENT Arc 29.2007 EFTA01320303 CIF/AES 71-StOlen ns WmCsis 0,s7.120 SLOSIDWrf (71 IS b.) IJ IJ 00 S TOiNaGUNO0 MOSEOCM-ANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCCONT Bear, Steams $ Co. Inc. 383 Mateson Avenue New York, New York 10179 Oar. Steins Senniln Cap. erg laercinn Cans Now et raw en 11201.3959 EPSTEIN INTERESTS renSTMENT PK. ESMCWAt IICHERMAN.IRA TELEPHONE (212)272-4189 ASST OtM MOSHE weetbearsteams.com What's In This Statement Financial Summary 3 IrrrllllrlrlllrrrrlrlrrllldllulErlrrlrrlluIlrrlr1111rrlrrlHll EPSTEIN INTERESTS shrewerr vireo° 714/COGN ACCOSINT ntSs301 TAXPAYER MAYSER lAST STATEMENT lune 1.2007 lune 29. 2007 On File Nay 31. 2007 Your Portfolio Holdings Transaction Detail 5 DID 12/26/91 JEFFERY E EPSTEIN & MARK I. r Fund Activity 5 EPSTEIN & WILLIAM ELKUS TIFFS Your Messages Your Portfolio at a Glance Market Value of Your Portfolio cam A Egalatell — 5269.973 TOTAL VALUE OF SECURMES This PERIOD• 364,900 5267.923 HONEY FAARXET FUND BALANCE 269,973 Wigs 1364.900 5413.250 NEE EGUIlY THIS PERIOD $634,873 Cunew mwtM vat* NET Cluny LAST STATEMENT 681,173 a l Lag stafononrs MArkel Yam CHANGE Sea LAST STATEMENT -46,300 Ike sent Meer cry se wen — wanks 7.7 at nn rdirant C no TOM Vine of Sonenn sed es NN moray Tns Panna There are no 'Stop loss' orders or other pending buy or sell open orders on rile for your account. rens 7.074 a., arrow ren.noest et snocks tt Mon afeend so witness /O b Cat Santos N =MIMI crafts b Cart Urn= we.. son moots Co,. Ore imeents <N4+ rem Senn" HT 11,0' 4.S. 0/7 b. Ths summary Is for inforrnatenal pnrposes only. It is not Wended as a tax eminent. This statement Plaid be retained for our records. See remise side for important information. 0673007,0713 001 roil EFTA01320304 C.LOID INSDJGH ITS MOLLY ONCO SW( Set Suns Sem*. Cogs Ingsam0 Car Nein Seocleis. Mµ sak 02014•SO EPSTEIN INTERESTS 2 bl -n z C in z -H r 8TIOSEOCIN9- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE CIVDOC007)43 4101 11011 EFTA01320305 rn 8 b.) IJ IJ 30 0 -n z C in z -H r 6TTOSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New 7 Co 10179 3 o• STATEMENT 00200 71.4,,J3N AMC 1.2007 KM 29. 2007 Cash Flow Analysis Income Summary NW+ WI %LAMS" 10 POMO oss PIOCO YFAS (0 DATE TAXPAYM NUMBER On Fie Opening Balance $0.00 Dividends 2.050.49 7,662.73 IAST S747EuENT May 31.2007 Money Fund 1.176.49 Total $2.050.49 57.662.73 Dividends/Interest 976.03 Amount Credited $2.050.49 Portfolio Composition Money Fund .2.060.49 Cash/Cash Equivalent 269,973 Amount Debited S-2.0.50.49 Etudes 364.900 Closing Balance $0.00 Total 9634.673 CLEARED ITS OATIED SISSCIARY Dew Stelerti Startles Co, One lArvciscA Cert.. von Br Y 1, 201.3SW EPSTEIN INTERESTS 027 Your Portfolio Allocation ao Cash&Equrralent 43% 03,3307:07 .13 COI ‘V.1I (gullet 57% Uwe*. poxes :tn.. own batatce vdte Wet ,W vskan. TM Metal prang.. • tion.s4 Ise ataaae !mai •Sa of r, prig" EFTA01320306 0 0 m C in r OZTOSE00- 019- ANGS BEAR STEARNS MICE SERVICING YOUR AOCOuetT Bear, Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 Your Portfolio Holdings CASH & CASH EQUIVALENTS Warm* DREYFUS CASH MANAGEMENT.CL A tact( 269.973 1.0000 269.973 DiSTM.MOutt SatRES EST, 30 DAY AVG MO 5,2200% TOTAL CASH & CASH EQUIVALENTS 5269.973 STIMC4/0.6. MOW 01./MOTIT Pala VALLI ClIARED DIROUGH ITS lwraly CIVRIO SUMMARY Ism Sion Swaim En One Maereasch Order Mann Ns tat 11201.3091 EPSTEIN INTERESTS SEmmara Palt00 An 1.2007 nowt., An 29. ton !WM.*? muAMER TAXPAnia mutes 00 Fee LAST STATEMENT May 31, 2007 EQUITIES Equities & Options The research ratings (or Bear Steams (BSC) we shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 = Outperform: P - Peer Perform; U - Underperform. The second rating represents the rating of the coverage universe relative to the regional bretbder market index. The key for the sector rating is as follows: MO = Market Oven eight MW - Market Weight MU ii, Market underweight, In cases where the BSC rating is present. the name of an independent. third-party research provider and their rating may also be displayed. where such research is available. The various providers use different ratings systems and have nennakzed them as follows: B = Buy: H = Hold; S - Sell (this may net always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein Is for informational purposes only and is not intended to provide tax, legal. or investment advice. Bear Steams is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent. third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent. third-party research o " s covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at wow lonamtearnt ram or can call to request that a copy of this research be sent to them. DESCRP11014 111.000:1106 RCM TM OUMMEY al7K/ YAM, intone SOME AWOL 'OWE ESMIATED 11110 CM ABERCROMBIE & FITCH CO-CI A BSC P.AnNG: ST= OrSECTort am BurniGami RESEARCH RATwei B BANPAIS SASPONSOREDADR REPSTG 6 5/ALPO Total Equities& Options ANF BPIBV CASH CASH 5,000 20.000 72.9800 Unwiced 364,900 S364.900 3,500 53.500 0.9592 TOTAL EQUITIES 5364.900 53.500 027 060007.0743 001 11011 EFTA01320307 Fn I8 b.) V.) 00 0 z ii C in z r MOSE00- 019- ANGS BEAR STEARNS OFFICE SUNNING TOM ACCOUNT Bear, Stearns & Co. Inc. 383 Maison Avenue New York. New Ted 10179 5 y r Your Portfolio Holdings (continued) YOUR PORTFOLIO HOLOINGSESTI MATED ANNUAL INCOME 53.500 YOUR PRICEOPORTFOLIOHOLDINGS 5634.873 Transaction Detail CLIM20 n•tOuan rts I....Av.,/ DANES SESSJOH.Ar Ma. Steam SocuRies Cep. Oro Iter000 tem Naito Br Pity rat 11207.305.9 EPSTEIN INTERESTS stAronarc P02002 June 1.2037 71030123.4 lune 29. 2007 N700(NT ..twatit TAXPKTIR .0.40301 01 Flie LAST STATEVE•47 Msy 31. 2007 MONEY FUND ACTIVITY ONE WAXY mamma. ssinuaar CAAHAIR FRx OUR *Wit Otte MOUNT 08/01/07 OPENINGBALANCE 267.922.51 06101/07 DIVIDEND DREYFUS CASH MANAGEMENT-CL A =XX 1,175.49 DISTTUTIC101 SHARES MONTHLY CMDEND 06/01707 REINVEST DREYFUS CASH MANAGEMENT-CL A mummcNN. SHAMS DK:0 1,175.49 1,175.49 EINIOEND REINVEST 08.28107 BOUGHT OREYFUS CASH MANAGEMENT-CI. A INSTITUTIONAL SHARPS Dota 875 1.0000 875.00 06/29;07 CLOSINGBALANCE 269.973 TOTAL 5.2.050.49 51.175.49 r127 042300702.0 001 3011 EFTA01320308 CLEARED THIOUOn FT3 vaipuy OATS) 8LOSIDIAJn. C) -n C in r MOSE00- 019- ANGS BEAR STEARNS OFFCE SERviCING YOUR ACCCUNT Beet. Steams & Co. Inc. 383 Madison Avenue N YrkNew Vat 10179 6 co , Transaction Detail (continued) DIVIDENDS Box. Stearns 5.osSs Cap. One &Mulch Lew Nati bet" ken Vat 112014559 EPSTEIN INTERESTS STATEmert PER99O fine 1. 2007 notOi239 fine 29.2007 ACCOUNT SW MAR MAWR On re MR STATTWN1' Mey 31.2007 OM 025990104 SAM:LOAM O.I.WITT RATE (I) DE VI 0.0.110 Ott DO MONO 06/25/07 ABERCROMBIE a Frroi CO-CL A ANF 5.000 0.1750 875.00 REC 06/05/07 PAY 08/26/07 TOTAL $875.00 Your messages Confirmation: Unless we hear from you to the contrary. R is our understanding that any free credit balances in your account are being maintained to facikate your intention to invest such amounts through us. 027 Bar SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin account, you consent to Bear Steamrs right to use, lend or pledge any securities held by Bear Steams in your margin account, In certain circumstances, such loans Cr other use may bmit. in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant rights of ownership with respect to the loaned, sold or: pledged securities. Such circumstances include, but are not limited to. loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions. If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends. OetlaO/.O7:43 001 qn EFTA01320309 SISZZZOO-Vin 0 z m cim z H r £ZTOS£00 IND ANDS BEAR STURNS OFFICE SEFtworse "Nit *coma Bear. Stearns L Co. Inc. 383 Madison Avenue ems 10179 You are advised to promptfy report any inaccuracy or discrepancy in your account to your broker and Bear, Steams Securities Corp. (BSSC) at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act rSIPA'), any such communications should be reconfirmed in belting to your broker and BSSC at the addresses which appear on the front of this statement. End of Statement SLUMS maroon ITS Vtlaty amat0 SUSSIOtARY SAL Sean swabs. Ca One Meintsch Lea NM' &cast Na Yet 1120140SO EPSTEIN INTERESTS STATEINDET POMO Aar 1.2007 THROUGH As10 29.2007 ACCOUNT 14.19141R TOJCPAYIST KUM On Fie LAST STATD/Cla May 31.1007 In an effort to maximize execution quality, Bear Steams may route your equity orders to its Smart Order Router (SOP). The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximee price and minimize market impact with respect to your order. The SOR routes orders using proprietary algorithms that scan exchanges. ECN's and other liquidity venues before it decides a strategy designed to achieve an optimal execution for clients. The SOP may in the course of executing an instruction change the entered order type from market to limit or may change the entered limit price in an attempt to obtain the best price. Although the Firm believes that the regular use of this technology benefits clients by achieving overall better execution quality. we cannot guarantee an optimal execution on any individual order. 06000/0743 001 VOil EFTA01320310 0 0 m C rn r VZIOSE00- 019- ANGS BUR STEARNS On SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue Now York. New York 10179 INVESTMENT PROFESSIONAL ZICHERivIAN.IRA TELEPHONE VISIT OUR MBYTE wwa.beantearns.com What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 5 Fund Activity 5 Your Messages 6 EPSTEIN INTERESTS DID 12/26/91 JEFFERY E EPSTEIN & MARK L EPSTEIN & WRIJAM ELKUS TTEES Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE Of SECURMES THIS PERU? MONEY MMOCET FUND BRAKE 413.250 Cash & E.2.ivalom — 267,923 Ectibet NEC EQUITY TIES PERIOD NET pun LAST SUMMIT 675,093 CHANGE SINCE LAST STATEMENT 6.080 rvris penrooa hakes ono or mon open renrorm OW re rat evioCa4 hVa Torn or treaorks V Ye Nei Cyan Trek Pot. There are no -Stop Loss orders or other pending buy or sell open orders on file for your account. S681,173 Oren, Maker value NE 1431 itartemerni minter value $267,923 1266.793 5413.250 5406.300 oLott() tioectON In Wair‘LY Maar. SUOSIOWIY Pen. Imams Struts Cop. Cno Mointsch Gee Moth Orosmi, Nos Yen 11201.1tist EPSTEIN INTERESTS sTAyrurrer vora03 lAri 1. 2007 norrolrok May 31.2007 AOCCuoT klikeER TAXPAYER raflen On Fit LAST STATEMENT AO 30.2007 Perna rotor, one olc a- S=7=00MP or itodu Mem Maar SIEri This summary is Ice irdormadonal purposes Oft. is not intended aS a tax document. a cent Sanas al rob II MY Santa al SOL Br arEr This statement slimed be retained' for our records. See reverse side for Important Information. Co,.. Ow Mkt d. Carly moon booktn. N.Y. 1110141.1. 027 06.0107.05:41 001 V010 EFTA01320311 0-F-AR*0 manta. rrS va•txtv On Stelae/ANY itIt. Swan Swan Co, One Me-w- Cents tort &Deur se. tat 112014859 EPSTEIN INTERESTS 0 0 z m C in z -H r SZIOSE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 osiounms. col woo EFTA01320312 BEAR STEARNS OFFICE SEMACIPC YOUR ...MCRAE Bear. Steams 6 Co. Irc. 383 Madison Avenue New York. New York 10179 CLEWS TillOttal ITS WrIOLY C411.417 SUBSOMAY Set Slums Staten C171.. IN7s1A•botses Ca Nail 11201.3391 EFSTEIN INTERESTS 3 ae STATEVEI..7 sET0X, TuROLJON 14.13 1. 2007 May 31. 2007 Cash Flow Analysis Income Summary ACCOtsa SWOTS TAXPAYER MAASS On File MI MOD THS P0000 WAS TO DAR 11.37 STATBATST Ape 30.2007 OpeningBalance 30.00 DfridtrodS 1.129.27 5.612.24 Money Fund 1.12927 Total 51.129.27 39612.24 C) Amount Credited 31.129.27 0 Money Fund -1.129.27 Portfolio Composition z Amount Debited 1-1.129.27 Cash/Casn Equivalent 267.923 m Closing Balance 50.00 &picks 413,250 C rn z Total 3681.173 r 9ZIOSE00-019-ANGS 8 IJ IJ IJ 02? Your Portfolio Allocation Cash 4Egirakra ax ai 49642 040107.04:44 001 0010 J,..tolni wive. Cos*, Opt& biota wdte /win ..Sis TN. Some. woietlip OnlveC la,v. imbtOire vin ae of nu, 0.340-0 EFTA01320313 ciente, mecca irs %newsy cwarto sussamy 0 0 1 1 C in r LZIOSE00- 019- ANGS BEAR STEARNS OrrCE SERWCING YOUR ACCOLNT Bear. Steams & Co. Inc. 383 Madison Avenue 10179 4 as Your Portfolio Holdings CASH & CASH EQUIVALENTS CMCltP11011 511530./CLII9 DREYFUS CASH MANAGEMENT-CL A DIO( PoSTITUTIONAL SHARES EST. 30 DAY AVG NIEW 5.190011 TOTAL CASH & CASH EQUIVALENTS 5267.923 ClUIMITY 267,922.51 War PDX ULM 1.0000 267,923 EQUITIES Ileac Sten Securbes ow wawa Con* Ion SSW 112014859 EPSTEIN INTERESTS STAT816119 PERM Mr, 1.2007 THROUGH May 31.2007 ACO3UNT Humid 18.10158891 58349A on Tie 1N1T STATIEMENT Apt 30.2007 Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks Covered by that Analyst. The key for the stock rating values is as follows: 0 - Outperform: P = Peer Perform: U -, Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO . Market Overweight MW = Market Weight; MU - Market underweight. In cases where the BSC rating is present, the name of an independent third-party research provider and their rating may also be displayed. where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy: H - Hold: S - Sell (this may not always correspond directly to the underlying rating system used by mien provider or BSC). The ratings information contained herein is for Informational purposes onPy and is not intended to provide tax, legal. or investment advice. Bear Steams is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol Indicates that continuing cmerage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain corn anies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at whir hearueann ram or can cal 511/03/CMI9 0 request that a copy of this research be sent to them% ACCT PATZ 111/ PRCE CtIOAITI mai IS utIrA cj: 83,1,119411,Z, OESCRIPTION ABERCROMBIE & PITCH COLA BSC RAM ST00( 0/SECTOR MW BUCIONGPWA RESEARCH RATING: 8 BANPAIS SA-SPONSOREDADR REPSTG 6 SER L MIS Total Equities& Options ANF BEST CASH CASH 5000 3,500 20.003 82.6500 Unp0Cer1 413,250 5413.250 53.500 0.8469 TOTAL EQUITIES 5413.250 53.500 tar CG.01,0705 44 C01 1010 EFTA01320314 z ii C rn z r 8ZI0SEOO- O19- ANGS IS IJ O IJ BEAR STMRNS OEFCE SEMICING YOUR ACCOUNT Bear. Stearns I. Co. Inc. 383 Madison Avenue 1.fitilek 10170 5 a' t Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGS ESTI MATED ANNUAL INCOME 53,500 YOUR PRICED PORTFOLIOHOLDINGS 1681.173 Transaction Detail MONEY FUND ACTIVITY cuARTO THEOLGii ITS Au0...T OM StALSOURY Sew Scum Astute% CUR. QN Meutrad% Cate Nom BRO." Nuo Tut 11201.330 EPSTEIN INTERESTS STATElea PERIOD Mall. 2007 OFOUON May 31, 2007 ACCOUNT INAANR TAXPAYCII MA On RN LAST STA/Owtwr A061 30.2007 OAR tear TFLUISICRON cameo/ SilAKIA25, QYIRIIY PRICE DOW 0/020 CREW 05/01/07 OPENINGBALANCE 285793.24 06/01/07 ONIDENO ORELTUS CASH MANAGEMENT-CL A DIC101 1,129.27 INSTITUMNAL SHARES MONDAY DIVIDEND 0901107 REPIVEST DRUMS CASH PMNAGEMENTtl. A OICOI 1,129.27 1,129.27 O1511MCNAL SNARES DIVIDEND Mani OS/31/07 CLOSINGBALANCE 287.02251 TOTAL 9-1.129.27 $1.129.27 027 0601:07Alkes COI VOW EFTA01320315 0 z m C in z -H r 6N0SEOO- O19- ANGS BEAR STEARNS OFFCE SERYXING YOUR ACCOUNT Bear. Steams & co. Inc. 383 Madison Avenue isisi rk 10179 6 cu e Your messages YOU are advised to promptly report any inaccuracy or discrepancy in your account to yaw broker and Bear. Steams Securities Corp. (13SSC1 at the telephone numbers listed on the front of this statement. In order to protect your rights. including any rights under the Securities Investor Protection Act (SIRA"). any such communications should be reconfirmed in writing to your broker and BSSC at the addresses ‘Mich appear on the front of this statement. End of Staternet 02 06.0107.06, 14 001 VOID CLEARIt TleROLGH ITS okI4OUY O1/O4O SuILSOIARI Etre. Viral, Joann COW CP* Initroiech Grier North WWI*. Mr Vat 11201.3µp EPSTEIN NTERESTS STAID/ENT Pt May I. 2007 Inman May 31.2002 AD0WIC KAISER !AWAY= NWµA On File tun STATVAINT /pi 30.2001 EFTA01320316 CLIAPSD TOCIOJON ITS %VICO, POGO PRISINAVY rn IS b.) IJ co IJ IJ IJ -n C rn r OETOSE00- 019- ANGS BEAR STEARNS OFFICE SERV1ONG YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 MacI000 Asa300 M. Stara Wilt* GNP Ono ItoIraqi Cott NOT 11211.3658 EPSTEIN INTERESTS INVESTMENT PROFESSIONAL ZIGHERLIANARA STATOINT PINGO Mach 31.2007 TREPNCRE netOJCbt Apt 30 2007 rtSIT OUR MESSER invecbearsteams.coce What's In This Statement IndIII...II ..... Financial Summary 3 EPSTEIN INTERESTS Your Pertloio Holdings 4 DTD 12/26/91 Transaction Octal S JEFFERY E EPSTEIN & MARK L • Fund Activity s EPSTEIN & WILLIAM ELKUS TEES Your Messages 6 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL WALE or SEGUNMES nNi near 408.300 tpNEY PAARKET Fore BALMCE 266.793 Gash WSW% — NIT BOUM TIM Peiti00 $675,093 NET EMMY LAST STATEMENT 643.985 CHANGE WC( LAST STATEMENT 31,108 IV a O* ea*. RSV nee tioteto4 ~Ns Ion &V VI oeletind t, tout Nut d Steven not tot Pit ENO/ TV Ps These are no 'Stop Loss' orders or other pending buy or sell open orders on fie for your account. Nolms Rem Tx,' ry 8.Groot* ce tosvovd d cnelo a axis. as awes( aa ato !arras a ef.olo b Ore Orono Bow. Nunn Socuowo Coro 0-4 ovTosoe- Cortor morn. Mans II70/..1110 02) $206.793 $265.585 $408.300 1378.400 Crest market vatie slatomorts marks vat NoTORET NOISE TAXPAotR MISER On File LAST rarnitv7 Moth 30.2007 This summary is tor informaasnal purposes only. F. is not mended as a tax document. This statement should be retained la ore records. See fete's° side tor important inicanation. 05.01RNOT n4 1101 RIO EFTA01320317 CLEARED 714.200.t ITS CtlY o..TE0 81.03104411Y INV Sears Smola. Cap. Ore MrtttecSi Craw %ate ea Nat re% 11201.3859 EPSTEIN INTERESTS 2 0, 0 -n z C in z r TEIOSE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 01/31/07:07:11 CO1 W08 EFTA01320318 BEAR STEARNS CIVICS SERRIONG YCUR ACCOUNT Beat. Steam & CO. Inc. 383 PAtidiSOn Avert e New Yak. Now Yet. '^' 79 <LIAM!) TIFLOLIIM metal', OWNED r-J0110‘QtY mew. steou Annus Cap. Ore Wartele01 Cann North Seer. We Yet ”101.3119 EPSTEIN INTERESTS 3 :/6 Cash Flow Analysis na Paso Income Summary n4S RICO it* 10 CUT( sTAreuitcr PIM= AWN 31. 2007 potoura. *I 30.2007 ACCOLW WINGER TAX4A•1M MAAR aura NIT 117AMUMIT lane 30. 2007 openingBalance 50.00 Cedelends 1,208.24 4,482.97 Monty Fund 1.208.24 Total 31.208.24 54.482.97 Amount Credited 31.208.24 0 Money Raid -1.208.24 Portfolio Composition z Amour* Debited 5-1,208.24 Cashrash Equivalent 286.793 m Closing Balance $0.00 Nutt 406,300 C in z -H Total 3675.093 Your Portfolio Allocation r ZEIOSEOCIN9- ANGS ORT Casty &Equivalent 40% 054+91:07:14 0)1 VOM Ewraes AO% Wsradip pylons 04 Me M. Mao mate &Not melon mile. The silecma. oemetme • masa 'rem Ile lobsOkle W.W.I min a ex, =ad< EFTA01320319 TOiNaGUNO0 MOSECICMANCIS BEAR STEARNS OHM SERYCNC Ma screw Bear. Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 4 nt Your Portfolio Holdings CASH & CASH EQUIVALENTS wan DISCAMON SMICIAMP CUMIN VALUE DREYFUS CASH MANAGEMENTCL A DICa 266.793.24 1.0000 288,793 INSITUMNAL SKIMS EST 30 DAY AVG YIELD 5,1600% TOTAL CASH &CASH EQUIVALENTS 5266.793 :UMW IBROvM "Cu OVOM SUBSOURY atm. Mden Motes Carp. Lye lantiodi C— Nem voce. k Ns Vat 112014.959 EPSTEIN INTERESTS MAGENEh7 PEA= mem 31.2007 TBROu0.4 Apt 30.2007 ACCOUNT %K AMER TAXPAyErt MAMA n U. LAST STAMEN" mann 30 2007 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The First rating represents the stock's total rain relative to the other stockS Covered by that Analyst. The key for the stock rating values is as follows: 0 Outperform; P = Peer Perform: U Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW Market Weight MU = Market Laiderweight. In cases where the BSC rating is present the name of an independent, third-party research provider and thee rating may also be displayed. where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H - Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax. legal. or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent. third-party research provider. The symbol indicates that continuing coverage of the subject company Is temporarily not available due to legal reasons. Independent third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at =a hearsMarm rpm or can cal SAW. :NIP to request that a copy of this research be sent to them. ACC, Weal Mt CRINITITY PRCE my( (SWAM /JAM MOM ESIMM M DESCAMON ABERCROMBIE & FITCH COLA ANF CASH 5,000 81.6600 408.300 3.500 0.8572 BSC RATING: MOM cusccToR SUCKINOrmi RESEARCH RANG: B BANPAIS SASPONSOREDADR SPIV CASH 20.000 unpriced REPSTG is SERE SKS Total Equities& Options $408,300 53.500 TOTAL EQUITIES 5408.300 53.500 027 0001.070714 mT 1009 EFTA01320320 ii C in MOST 11111MIACTINN 0130OHICO1 SIMIOUCLIIP 01ANTIN Fn4 OEM AMCOR CRUM MI01110 03/31/07 OPENING BALANCE 286.585 04/02/07 DIVIDEND DREYFUS CASH MANAGEMENT-CL A DC* 1,208.24 INSTOVI1ONAL SHARES r 04102107 REINVEST MONTHLY DNIOOC DREYFUS CASH MANAGEMENTOL DIDIC 1.208.24 1,208.24 INSHILITONAL SHIRES ONIDEND REINVEST 04/30/07 CLOSINGBALANCE 266 TOTAL 1-1.208.24 51.208.24 VETOSE00- 019- ANGS BEAR STEARNS OFFICE scent YOUR ACCOUNT Bear. Stearns & Co. frt. 383 I.1 Fs.^el Averse 5 re Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME YOUR PRICEDPORTFOLIOHOLDINGS Transaction Detail MONEY FUND ACTIVITY CLEARED THROVC01 ITS macmy 0SCD MAISONNY Mao Sten Sacuicias Cap. CIVIAnobech Orly North IW I l aoat vat 11201.30W EPSTEIN INTERESTS STATELEST PER100 March 31.2001 naltOcCoa Apt 30. 2007 In IV' rail,' TAXPAYrR µ. ER Cr. File LAST STATEMENT WO 30. 2001 I8 IJ IJ IJ CT IJ 017 0901I07417:141 001 •1300 EFTA01320321 0 -n in z -H r SEIOSEOCIA19- ANGS BEAR STEARNS OfiYCf SERVICING YOUR ACCOUNT Beat Steams b Co. Inc. 383 Madison Avenue gist 10179 6 06 Your messages You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Steams Securities Corp. CBSSC, at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act rSIPA"), any such communications should be reconfirmed en writing to your broker and BSSC at the addresses which appear on the from of this statement. End of Statement 017 0541.01:07:14 001 1:00 O.W£0 THROUGH RS 70CW owsto SuL1301Oir Sn, Sion SeCxelle/ CnP 0-e letirceecn Collet WS bee*" Nee Vat 112014839 EPSTEIN INTERESTS STerevekT PERIOD Muth 31.2007 Tnen)U011 Apee 30.2007 ACCOUAT texPAYER Wulff" On fie Ler stoney' Wren 30.2007 EFTA01320322 0 0 m C in r 9EIOSEOCIA19- ANCIS OFFICE SERVICING YOUR ACCCUN1 Bear. Steams & CO. Inc. BEAR 383 Madison Avenue New York, New York 10179 STEARNS CLEARED 041000.1 nS WHOLLY 0%040 SUISSCAJIY Ow. Rem SWAIM Cep. oe maresce Wet Net I.** • 11201-31$0 EPSTEIN INTERESTS INVESTMENT FROFESSIOrat ZICHEIBMN.IRA TREPiENE VISIT OUR WERSITE wwatearsteams.com What's In This Statement Financial Summary 3 I III lllll IIrllrrlr.Irrlrrlrrllrtlllrlrrrlrr1.11 EPSTEIN INTERESTS STATIWNT P11/000 nwoLua AOCOuvr MASSER TAXPAYER NAST LAST STATreMen Wrca 1.2007 Mach 30.2007 On Fie reeve, 28.2007 Your Portfolio Holdings 4 DID 12/26/91 Transaction Detail Fund Activrty 5 JEFFERY E EPSTEIN & MARK L • EPSTEIN & WIWAM ELKUS nrEs Your Messages 7 457 MADISON AVENUE 4TH FER NEW YORK NY 10022-6843 Your Portfolio at a Glance TOTAL VALUE OF SECURITES TES PERIOD* 378.400 Casa3 bartralere Market Value of Your Portfolio alli 5265.585 5288.168 MONEY MARKET FL** BALANCE 265,585 Weis S378.408 5390850 NET EQUITY THIE PERK* $643.985 IM Cement mann vela NET EOn LIST STATEMENT 679,418 IM Last SlattlIWAS matter eaUe CHANGE SIC LAST STATEMENT -35.433 TA WS* AXASse w ee nen Arenas wanks PA a• na mewled mew dal Wu. S I Seat rof to w. tc,ay TN& Patel Mere are no *Stop LOW Orders or other pending buy or sell open orders an Ile for your account. Ps.. nese., ST, Arne ecereaS4 et eras er Neon. ressofed a Cededered Ole MA tz Con Sen.yee V awe. Or, Senems •Ow Si..,. Smiler On. One YATATTIL Cense Nom. Onder. NY 1/2CT3SSA 027 This summary is for informational Wrposes only. k is not intended as a tax document. This statement shatas be retained for our records. See reverse site for important information. 01010106:43 001 A000 EFTA01320323 WAND THROUGH In SUS OAS SUaleCaftv Seat Sots Serbas tap Cm SS Cs horn to kw Tot 1120146SO EPSTEIN INTERESTS 2 e0 0 -n C in z -H r LEIOSE00- 019- ANGS 8 IJ V.) O0 IJ STATEMENT BACKER IS PRINTED ON THIS PAGE 0.27 03/31/07:06:43 001 V006 EFTA01320324 0.3-1J1E0 04.000n RI inlaCur 004.30 SuSS04430 tn I 8 b.) IJ IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns b Co. Inc. 383 Madden avenue nos 10179 3 as Cash Flow Analysis 1143 MIDD Income Summary NSKW° MR 10 DATE Opaning8alanc• 50.00 Dividends 2.016.88 3.274.73 Money FUN 26.141.88 Total 52,016.88 53.274.73 (-) 0 ONI6ends/Interesl Arno" Credited 875.00 527.016.88 Portfolio Composition z Malay Fund Funds Vfittickwan -2.016.88 -25.000.00 Cate/Dash Equivalent 265.585 EquI616 378.400 Amount Debited 5-27.016.88 Total 1643.985 Closing Balance 50.00 in z r SEIOSE00- IN9- ANGS 027 kw. Swee: Soculle• Cep. On VFOCed. Corn North teeddr, ••••/ 4o. 1120031671 EPSTEIN INTERESTS STATEMENT Pf ROO bl.YCh 1.2007 TH,YJ>1 WWI 30.2007 Ar.00...,.^ HAMER TAIOAVER R.i•IER On ile L437 $7*^CYf V' Fernery Et 2007 Cash& 33714314,4 42% 03/31 /0717600 001 4004 Your Portfolio Allocation Equitin 50% ~On tang dons da.: bflna. at yen nat. ...a 0. ~on pea.» fa.40 Iwt f.• ~As nv,eit al* of 'CV Co-nn EFTA01320325 0 -n C in r 6ETOSEOCIA19- ANGS BEAR STEARNS OFFICE SERvtiuG TOuR ACCOUNT Bear. Steams a Co. Inc. 383 Madison Avenue New York. Nee York 10179 4 e7 Your Portfolio Holdings CASH & CASH EQUIVALENTS CESOISSIOPI DREYFUS CASH MANAGEMENT-CL A DK0CI IUSIMMONAL SHOES EST. 30 DAY AVG YEW 5.1700% TOTAL CASH & CASH EQUIVALENTS STASOLCUSIP Olaallry mom VALLS 265.585 1.0000 265.58$ $265.585 EQUITIES CLEARED netoeow rts WI:UV ow2OD SUSSCsorr taw Seery StOitie Cos On lAtasoon Coos Nov. Stair Nes at 20.3959 EPSTEIN INTERESTS STATitoo- PeatC0 March 1.2007 71•1406,11 meth 30. 2007 ArtOtil SOMAS TAJCPAYOt 'Uinta On FAO UST STATCUEsT February 28,2007 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total rebtrn relative to the other stocks covered by that Analyst. The key for the stock rating values is as forlorn: 0 — Outperform; P = Peer Perform: U — Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight: MU = Market underweight. In cases where the BSC rating is present. the name of an Independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = H Hold: S — Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax. legal, or investment advice. Bear Steams is neither soliciting any action based on such inforrnatiOn, nor endorsing any recommendation or opinion expressed by any independent. third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent. third-party research on certain companies catered by the Firm's research is available to customers of Bear Steams at no cost. Customers cart access this research at witzteasslaamscarie or can cal (800) 517-2327 to request that a copy of this research be sent to them. OESUIPTON SYVOIXICUSP ACC! WPC OUPASTI PRICE MUM WYE 'SWAM° INHusi. MOWS MINA= YEW N ABERCROMBIE a RTCH CO-CL A ANT CASH 5,000 75.6800 378,400 3,500 0.9249 BSC RATING: STOCK 0/SECTOR MW BUCIONalall RESEARCH RAnNec 8ANPAIS SA-SPONSOREDADR BPIBY CASH 20.000 Unpricei REPSTG 6 SER L Nis Total Equities& Options $378.400 53.500 TOTAL EQUITIES $378.400 $3.500 027 03/31070643 coi RON EFTA01320326 rn 8 IJ IJ Is) 00 IJ 1.4 0 ii C in r OPIOSEOCIA19- ANGS BEAR STEARNS OFFICE &ERIK= YOUR ACCOUNT Bear. Stearns & CO. Inc. 383 Madison Averue New York. New Yen 10'79 S Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMAIED ANNUAL INCOME YOUR PRICEDPORTFOLIOHOLDINGS S643 985 Transaction Detail DEPOSITS AND WITHDRAWALS tall 03115/07 END WIRED I1/410A0 MS0851530:05 WIRED TO "MORGAN CHASE BANK NA AGSM-136912 Ff004094 13KREFOTT UNY074090300 TOTAL S- 25.000.00 IlLOCACY014 OtSOSPTEN CCM MOM MDR AMOUNT 25,000.00 MONEY FUND ACTIVITY arz WRAY 11/111141I011 tf.SOUPRZN 03/01/07 OPENING BALANCE SYMBOUOJUP =ARE° THROWN IS %Nat.( 0.v..60 us/tar ow. lure Setintlei CO". Ono - Omer rum slay,. Nat Vat 11201.18S9 EPSTEIN INTERESTS STATEWEta Pt10O KW, 1.2007 THII0J04 Meta 30. 2007 ACCOUvt %AMER TAYPMTIt MASA On File LIST s- ArnanT Fent, 28.2007 @Bum MICE Dan Alatthe MOO AlICONI 288.568.12 03/01/07 OMDEND DREYFUS CASH MANAGEMENT.CL A 01C701 1.141.88 INSTMITIONAL *VMS MONTILY DAI3023 02/ 03131/07.06:43 001 YON EFTA01320327 0 in r ItIOSE00-019-ANGS BDUZ STUeNS OFFICE SERYCING TOUR ACCOUNT Bw. Steams & Co. Inc. 383 Madison Avenue New Yo& New York 10179 GRAM "Mu> rrs ammo* OWNED SUISSOMAY Ow Owns Swats Carp 0-• lateatech Cray Nee N.. yet 116014439 EPSTEIN INTERESTS March 1.2047 March 30.2007 On Ft Fetruay 22.2007 CRCOrr /MUNI 6 a7 Transaction Detail (continued) MONEY FUND ACTIVITY (continued) Oat LOW ITWISKTION ceseiwnow sniacwcusta etwarmy ma s-rantverr PERM° 11+440-O4. ANDWINT NUMER T4.40WID4 wriest tasT surguver otee mown 03101/07 REINVEST 03/15/07 SOLD 03/27/07 BOUGHT 03/30/07 oRen-us CASH MANAGEMENT.CL A INSTITIMONAL SHARES CIYOENO REIWEST DREYFUS CASH MANAGEMENT-CL A 046111UTIONAL SHARES DREYFUS CASH MANAGEMENT-CL A INSTITUTIOWL SIMS CLOSINGBALANCE OICCC CICU DICC1 1.141.88 -25.000 875 265.585 1.0000 1.0000 1,141.88 875.00 25,000.00 TOTAL 5.2.016.88 $26,141.88 DNIDENDS DATE INISONPTIC« 0307/07 ABERCROMBIE & FITCH CO-C1 A RIC 03/06/07 PAY 03/27/07 TOTAL $875.00 SYNIOUCUSP CRLANTITY RATE (Si LNG 5.000 0.1750 [EM AXasiT Cattai &Vale 875.00 027 0Y31.07:06:41 001 EFTA01320328 anielo IngeWC. in 311.00L39 Wn•CD 9.4$09RY 0 z m cim z H r ZPTOSEOCINDANGS BDSR STMRNS OFFICE SOWING VAR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue Your messages Ean Bear. Steams Securities Corp. Net Capital and Net Capital Requirements: At November 30. 2006 and January 31, 2007. the Comparys net capital of approximately 54.0 bilion and 54.0 billion was approximately 6.8% and 6.7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately 51.2 billion and 51.2 billion by approximately 52.8 billion and 52.8 billion, all respectively. A complete copy of the Bear. Steams Securities Corp. Statement of Financial Condition is available on the web site wmv.bear lively, to request a free printed copy please call - ton free You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear. Steams Securities Cap. rBSSC1 at the telephone numbers listed on the front of this statement. In order to protect your rights. Including any rights under the Securities Investor Protection Act (*SIPA". any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. 027 ire Sown Sown*. Cap. One lecoaecn Ono/ NOlth by:19" Nen Yoe 11201.3659 EPSTEIN INTERESTS STATEwenT PIR03 Muth 1.2007 91.91DJOnt March 30.2007 ACCOUNT NUU9ER TnkpAYER NUL/(191t On Ate LAST STATA.919 February 38. 2001 SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin amount. you consent to Bear Steams's right to use, lend or pledge any securities held by Bear Steams in your margin account. In certain circumstances, such loans or other use may limit. in whole or in part. you ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant rights of ownership with respect to the loaned. sold or pledged securities. Such circumstances include. but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions. II you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends. NOTICE OF CHANGE PURSUANT TO TRUTH-IN-LENDING SEC RULE 10b-16 The purpose of this notice is to advise you of certain changes in the manner in which interest will be charged on any U.S. dollar-denominated credit extended to you by Bear, Stearns Securities Corp. (13SSC1 for the purpose of purchasing, carrying or trading in any security. Interest will continue to be based on either the BSSC Margin Basis Rate. or a London Interbank Offered Rate (11BOR1 as specified in the chart below, The BSSC Margin Basis Rate will be quoted each business day by BSSC at our main office in New York. Factors affecting the determination of the BSSC Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that BSSC is charged for borrowing money. Mar 07.06A3001 WOO EFTA01320329 O.EARED THROJC. WS NN01.1. OWNED SLOSCUJW 0 m cim H r EPTOSE00- 01D- ANGS BEAR STERNS OrnCE $ER'h1 YOUR ACCOUNT Bear, Steams & Co. inc. 383 Madison Avenue New York, New Yon 1C179 a Effective no eerier than thirty (30) days from your receipt of this statement: 1. The annual rate of interest charged to you on U.S. dollar-denominated credit will not exceed the specified percentage over the applicable rate, as indicated in the following chart: nabia Si.* Range soda Stesal—toIndes. Up to $499.999 Margin Basis 3.000% 4500,000 - 4999,999 Margin Basis 2.000% 41,000.000 - 42,499,999 Margin Basis . 1,500% $2,500,000 - 44,999.999 LIBOR 3.000% $5,000,000 - 49,999.999 LIBOR 2.250% $10,000,000 and above LIBOR 1.750% Debits in currencies other than U.S. dollars will not be taken into account in computing the debit size for purposes of determining the applicable interest rate. The rate corresponding to the debit size range in which your U.S. dollar denominated debit falls will apply to the entire amount of your U.S. Collar denominated debit. The actual rate charged to you at any given time MI be notified to you on request, and the amount charged to you will appear on your monthly statements. 021 &s. keen Soothes Cop. Ole MOMOKIi en, mar, . %es MI 11201.3859 EPSTEIN INTERESTS STATIWZWr Pram Minh 1.2007 TIWOcCol Myth 30.2007 ACCOINT POwSER ?ASA* NYWOLIR Of% Fr* LAST tra10.00 Febvanf 28.2037 2. Interest may be charged to your account at varying rates during the month to reflect any changes in such interest rates that have occurred during the month as well as any changes in the applicable rate caused by a change in the size of your debit balance. 3. The rate of interest charged to you on any credit extended to you in a currency other than U.S. dollars shall continue to be based on either (i) a UBOR, as such rate is compiled by the British Bankers Association and pubished on Bloomberg or Reuters, or (ii) any other rate quoted by Reuters that is applicable to the currency in which the obligation Is denominated or, if a rate for such currency is not quoted by Reuters. the rate provided by Bear Stearns Securities' local bank. In either case. the annual rate of interest on such non-U.S. doter denominated debit will continue to not exceed 5% above either a LIBOR. any rate quoted by Reuters or the rate provided by Bear Stearns Securities local bank, and MI appear on your monthly statements. The actual rate charged to you at any given time will be notified to you on request and the amount charged to you will appear on your monthly statements. 4. Unless otherwise agreed. the BSSC Fed Funds Rate will no longer be an available option for computing interest. 01,310705.4s 001 YWe EFTA01320330 CLEAREO IIIROUGM rrs Otea0 SLINICLARY BEAR SIMMS OffICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. be. 393 V aC son Avenue 9 O7 la" 0 -n C in r trInOSEOCIA19- ANGS If BSSC makes changes in any of the credit terms and conditions described herein or If a change is required by law, we still 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 wit provide you at least 30 days' prior written notice. The annual rate of interest you are charged may fluctuate with changes in the BSSC Margin Basis Rate, a UBOR. any of the rates quoted by Reuters or the rate provided by BSSCs local bank. The changes In rates resulting from this fluctuation veil 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). The Truth-in-tending disclosure previously provided to you shall continue to apply except as specifically noted above. End of Statement 027 ON107 007 MOS Ilea stems Startles Cole One Mee Win Cm* Kea am. 112014159 EPSTEIN INTERESTS S'ATEle' frele100 match 1.2007 -wtctwa waren 30.2007 ACCOVICT WADER - ft.XPAYER NJu9OR On Fie STAITWIr Fettuary 28.2007 EFTA01320331 TOiNaGUNO0 MMOCMANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Tat New York 10179 INVESTMENT PROFESSIONAL ZIEHERWAIRA TEIERHONE VISIT OUR WEBSITE waw.bessierams.com What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail S Fund Activity Your Portfolio at a Glance TOTAL VALUE OF SECURRES 1155 PEROC, 390.850 MONEY IAARKET FUND BALANCE 288.568 EPSTEIN INTERESTS DID 12/26/91 JEFFERY E EPSTEIN & MARK L • EPSTEIN & WILIAM ELKUS TTEES Cash a MulaNnt — NET town TIM memo 5679.418 NET &WY LAST STATD.TENT 685.010 Ciwa SINCE MAST STATEMENT -5.592 ens AsSels OAS owe nab sageesd swam owl am a WOOS in Os Tool Wes el Seeoloa awe Fn aM1 gerAV MIS Nein There are no Stop Loss' orders or Other pending buy or sett open orders on Ilia for your account Pone Fowl wy .tfiCia sixim. rand. S w•rI b lo Cirri Seraa or alto I) 00,1 Swear. Y 5a. sena &worms Co.. ,. Yeeme, Cater Non% 8•,m.•. NY 11X1,31$0 C77 Market Value of Your Portfolio S288.588 5287.310 5390850 5397.707 Current market IrSue In Um Stitielleft5 market veto CLEARED TeletOLIO. ITS vALOLLY OWNED latt0Are Sam Sties SeCieeles Cop 0' eeeirowach Geier — .004R Nee Yea 112014150 EPSTEIN INTERESTS STATOJEnT mince February 72007 T*000,1 FebeLary 28.2007 ACCOLTir KAMA TAAPAYen MAMA On Fie LAST AUTO/err January 31. 2077 gin 0w Furore el ex nbeniSceal IMAM NM.!Mina litiede0 mina 0:00701C. Ills stamen MOW II fleshed I We nova See Went Vele lee Inraliet iticenobcn 01.,1.07:05:1, C01 VCOS EFTA01320332 MEMO TWOUGH ITS vmalyMO SISSIONRY tler. Sinn Secuwes Corp Cot Mouttan Cerra ®SIR Na. Yen 11201460 EPSTEIN INTERESTS 2 rri 8 IJ 00 00 (-) 0 z m cim z H r 917TOSEOCIND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE W01/07A411001 111:06 EFTA01320333 BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Bar. Stearns & Co. Inc. 383 Madison Arens isms 10179 3 or Cash Flow Analysis DISP01:0 Income Summary MS PORNO nAR IODATE °WrungBalance $0.00 Duidends 1,257.85 1.257.85 Money NM 1,257.85 Total $1 ,257.85 51.257.85 Amount Credited $1,257.85 Morey Fund -1.257.85 Portfolio Composition z -n Amount Debited Closing Balance S-1257.8.5 $0.00 Casntasn Equhralent Equities 288868 390.850 C rn z -H Total 1679.018 r LKOSE00- 019- ANGS I8 IJ IJ 00 IJ 027 03,01207:05:17 001 ‘026 0.24222 TH2C2X.m rts ,m0u.Y bm.EO SUSSOWTY bee Sean Scefree Gee IleTtetb Orin !kb bmilr. pt 11201.10.59 EPSTEIN INTERESTS STATEWN2 PER= Fetevey 1.2007 THROVee tansy 29.2007 taCcer smen !Meal* Weis On Fie LAST STATEMENT laniary 31.2007 Your Portfolio Allocation tafl ca,, 2qu'v 43% Ensues 57% tends, blare Mi eke Wane MV tsod ebbe neat Tee Sae.. reseefiese aSeed free Ve mega mete ea. al set Keg EFTA01320334 CLEARED THYOL1311 WmOLLY OrmeD SueSCARY fn IS b.) IJ 00 O IJ -n C in r SPIOSE00- 019- ANGS BEAR STEARNS CCM SERVICING YOUR ACCOuVr Beat. Stearns & Co. Inc. 383 Madsen Avenue New York New York 10179 4 of Your Portfolio Holdings CASH & CASH EQUIVALENTS cescreman 511410VOISIP DREYFUS CASH MANAGEMENT-CL A NC= INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 5.1700% TOTAL CASH &CASH EQUIVALENTS CKLAMIYIY 288.568.12 ~al ($111tATID (STEAMED YALLIC MINUM INCOME PEON 1.0000 288.568 15.294 5.3000 5288.568 515294 Sew Stem Sermon Cop. Ole Meposch Cato lest 143.3144 kw Yon 114)1.3459 EPSTEIN INTERESTS STAYS...NT PEP= 4. 4.7 1.2007 ronoLom itobruiry 28. 2007 04003.4 WNW* 1•431AYER NW1101 On Flo LAST STAMIENT homy 31.2007 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 - Outperform: P — Peer Perform: U - Underperkem. The second rating represents the rating of the coverage universe relative to the regional broader market Index. The key for the sector rating is as follows: MO -= Market Overweight: MW = Market Weight MU id, Market undenwaight. In cases %Mere the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed. where such research is available. The various providers use different ratings systems and have normalized them as follows: B — Buy: H — Hold: S — Sell (this may not always correspond diectly to the unded)ing rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax. legal. or investment advice. Bear Steams is neither soliciting any action based on such information. nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarity not evadable due to legal reasons. Independent. third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at wdm.bearsteams.com or can Cal to request that a copy of this research be sent to them. Waal A ni l[ ESTIMATED MISTED DESCR•110.1 MO CUS CU S• TY SALLE IWA INCOME YEW (%) swam PtCE ABERCROMBIE & FITCH CO-Cl. A ANF CASH 5.000 78.1700 390,050 3.500 0.8955 BSC RATING: STOCK BISECTOR PRII BuCKINGIUM RESEARCH RATING: B 8ANPAIS SA-SPONSOREDADR BPIBY CASH 20.000 Unedited REPSTG 6 SER L Total Equities& Options 5390,850 53.500 TOTAL EQUITIES 3390,850 53.500 0341W:0517 001 1CC6 EFTA01320335 rn IS IJ IJ Is) 00 0 z ii C in z r 617TOSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT 8cer. Stearns & Co. Inc. 383 Madison Avenue New Y Y 10179 5 as Your Portfolio Holdings (Continued) YOUR PORTFOLIOHOLDINGSESTiMATE0 ANNUAL INCOME $18.794 YOUR PRICEOPORTFOLIOHOLDINGS 5879.018 Transaction Detail MONEY FUND ACTIVITY CUOMO THROUGH rTB "MOLLY One. 0ia.SOwer Beer. Sueris Scums Cap 0** VCOOSIN Came Tin, is.11201.3859 EPSTEIN INTERESTS STATINeWT P0000 Fetruw 1.2007 THROW>. Febniary 28.2007 ACCOUNT waft Teener* weraert On a* LAST rreetereOr January 31.2007 DATE BOOR. Tbodacnow 0130t•Itel STIAKB/CUSP AI—" FREE MIT mom CR= NORM 02/01/07 OPENINGBALANCE 287,31027 02/01/07 DIVIDEND DREYFUS CASH MANAGEMENT-0. A NSTITUTIONAt SHARES MOM 1,257.11.5 MONTHLY DIMEND 02/01/07 REINVEST DREYFUS CASH MANAGEMEIDCL A MSTIRMOHAL SuBBYS DIDU 1,257.85 1,257.85 CAIMEND REINVEST 0203/07 CLOSINGBALANCE 288.568.12 TOTAL 1.1,257.85 $1 ,257.85 Cn 0301,0703-17 001 KC* EFTA01320336 En IS b.) IJ 00 IJ IJ 0 m C in r OSTOSE00- 019- ANGS BEAR STEARNS OFFICE SERVICWG YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Ave 41.10 New Ycek. New York 10179 INVESTMENT PROFESSIONAi DCHERMANIRA TELEPIONE VISIT OUR %IMRE wavabearsteams.ccen What's In This Statement Financial Summary 3 Your Pi:Crate Holdings 4 Transaction Detail 5 Fund Activity S Your Portfolio at a Glance TOTAL VAUJE OF SECURITIES THIS WACO' 397.700 IACNEY WSW FUND MANCE 287,310 1...IIII...11 ..... EPSTEIN INTERESTS DID 12/26/91 JEFFERY E EPSTEIN & MARK L EPSTEIN & WILUAM ELKUS TTEES Cash& Emtealert - JET EouiTY THIS PER/00 5685,010 NET EQUITY LAST STATEMENT 634.208 CHANGE SINCE LAST STATEMENT 50,802 NC sena* MM ene ee an natal saute ea •• teewee nes Taal We* el fecullee sea Pennants TN Pala There are no 'Stop Loss' orders or other pending buy or sell open orders on Ale (or your account. neee sry canna et rannial r Palen coat rennin a an roe n Oen Senna coma b Pan Steam el env. Sterne Sena. Co, On. cernsa n • Oraer• NY. 11NINse 027 Emabes Market Value of Your Portfolio $287,310 5286,058 5397.700 5148.1$0 Current market Sala NB Last statements meant slue CLEA/tE0 1n1101J01 aS voCter 0 11e4ED INBSOAke lea Sams Sonnies Cap. Ora Ihnclea Orin been Dothan mew %bit 11201.113N EPSTEIN INTERESTS STATELISh7 CIRCO OCCernbr 30.2006 DIROUCte mruarf 31.2007 AODOUne nuief inanern KAMM On Ale LAS, S7A7WEIC Detente, 29.2006 TIN annoy 06r Inkinntlenie SaNtel [Stint stelae in a tin Sant Ila enema avid be retina It, ear men* See cane ebb - mann ameba 07.01,07011 IS 001 SOC4 EFTA01320337 awes 'Moroi frg VII4OLL OANDSLIWCIARY ece.Scsatressontst OmMeteted.Coneer*NA 1120141150 EPSTEIN INTERESTS 2 as 0 0 z ii C in z -H r ISIOSE00- 019- ANGS 8 IJ IJ IJ QC STATEMENT BACKER IS PRINTED ON THIS PAGE 02/ 02Alt2:0610 OM VC04 EFTA01320338 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams a Co. 'rt. 383 Madison Avenue New York. New York 10179 3 Cash Flow Analysis NSPOW° Portfolio Composition CaShiC050 Equivalent 287.310 OpenInglIalance 50.00 Equith12 397.700 Money Fund 1.252.28 TOttil 5685 010 Amount Credited 51.252.28 0 Money Fund -1.252.28 z -n Amount Debited anion/mance 5-1.252.28 50.00 C in z -H r ZSIOSEOCIA19- ANGS I8 b.) 027 07.01/3706.16 001 .004 =MIRO meow.? ITS wwou.y 001.40 909609.AY ilar Urn. Stan. Corp One 1.anucr. — 1041. 00$0r. 10..110-4 11201.31159 EFSTEIN INTERESTS suretaw7 mow December 30.2006 0.01006.1 Artery 31.2007 ACCOU.€7 mui0SER 01/4101.060 homer, On Re IAST OUTDID/1' December 29. 2006 Your Portfolio Allocation Cas0 d Equin) 42% EQULCI SS% e•ina,tral acelcns ova. PM Winos snit+ rat wan'.s The slocalon wortaj• 0. Ctn.., Vri 1.* anAte wite 4 ro... aVro o EFTA01320339 CLEARED ”VIOVAI ITS mare OVATO) suescosv 0 -n C in r ESIOSE00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New York. New York 10179 4 n Your Portfolio Holdings CASH & CASH EQUIVALENTS wan SYV801/89519 DREYFUS CASH MANAGEMENT-CL A MCI PISTBUTIONAL SNARES EST 30 Car AYG VIEW 5,16001E TOTAL CASH & CASH EQUIVALENTS MINIM 287,310.27 WAXES ISAMU) ISMAEL° PRCI VALUE ANNUAL °IOW °TM T/0 1.0000 287.310 15.227 5.2999 $287.310 515.227 Seat. Ream AVMs Ovp O4 money, Cats Ike° liTtot°A Mn Tort 11201.3859 EPSTEIN INTERESTS ITATEATAT MAD Decembee 30, 2t06 114ROVAT Janney 31.2007 4CetV Y TAWAS TAMEN TENSER Or, Fie LAST suredeNr O•cent* 29. 2006 EQUMES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 Outperform:P. Peer Perform; U — Undegyerform. The second rating represents the rating of the coverage universe relative to the regional broader market Index. The key for the sector rating Is as follows: MO = Market Overweight MW = Market Weight MU = Market underweight. In cases where the BSC rating is present. the name of an independent. third-party research provider and their rating may also be displayed. where such research is available, The various providers use different ratings systems and have normalized them as follows: B - Buy; H Hold: S - Sell (this may not always correspond diectly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal. or investment advice. Bear Steams is neither soliciting any action based cc such information, nor endorsing any recommendation or opinion expressed by any independent, Virg-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain corn at www.bearsteams.com a can ca OISCRVICTS STAINIATUSIT nies covered by the Timis research is available to customers of Bear Stearns at no cost. Customers can access this research 0 request that a copy of this research be sent to them. ACM OAIDIET ESTIVATE° ESTIMATED n1E OUVOITE PRCE VALUE WAAL ISCOVI MELD 11,1 ABERCROMBIE & MEN CO-CL A ANF CASH 5,000 79.5400 397.700 3.500 0.8801 BSC RATING: STOCK &SECTOR MW BUCKINGHAM RESEARCH RATING: 8 BANPAIS SA-SPQNSOREOADR BMW CASH 20.000 UnprIcsd REPSTG 6 SIR L SITS Total Equities& options $397.700 $3.500 TOTAL EQUITIES $397.700 $3.500 027 0283107:06 18 001 snot EFTA01320340 0 ii m r PSIOSE00- 019- ANGS I8 b.) V.) Is) 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue a rk 10179 5e; Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $18.727 YOUR PRICED PORTFOLIOHOLDINGS 5685.010 Transaction Detail MONEY FUND ACTIVITY CLEM] nift00304 n wmOuv 0M0 Sumter M. Steam Smil0ts On Melva Cony Nati STD:TWA IMAT DYE 1120141SO EPSTEIN INTERESTS STATZWATT PFROD Detente 30.2006 THIEDUGH ElinUaly DT, 2007 ACCONA1 MASER TAXPAYEA µt.e On rig TAIT STATIlierT Deane 29.2006 DATE TAZYDAY Ttivaarnon 0ESCRMOI MIOIJOSP 01A11711T7 MNM men now uNx0 Avow 12130/06 OPENINGBMANCE 288.057.99 01/02/07 REINVEST DREWUS CASH mulAGEMENTCL A DICOC 1,252.28 1.252.28 INSTITUTIONAL SHARES DIVIDEND REINVEST 01/0207 DIVIDEND DREYFUS CASH IAANAGEmENT-Ct A DICOC 1,252.28 INSTIRITINAL SHARES MIT INCWCED NJ 2006 - 1099 01/31/07 CLOSINGBALANCE 287.310.27 TOTAL 5.1,252.28 $1 ,252.28 027 Ob01/07:06:16 ao1 I.004 EFTA01320341 CONFIDENTIAL SDNY,,00350155 EFIA_00222R47 EFTA01320342