EFTA Document EFTA01320643

Statements CONFIDENTIAL SDNYGM,350456 EFfA,.148 EFTA01320643 0 TZ T I C in r LStOSEOCIA19- ANGS BEAR STEARNS OFF/CE SERVICING YOUR ACCOUNT Bear. Steams a Co. Ire. 383 Machias Avenue New ?ca. Net: Vs*: 1 01 79 0.EMIE0 THROUGH ITS entity CM. SUMMARY &at Sawn Starnes Con One IAN:2Pa Calmr Math anon" Moe Tan 112014859 FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR *VISITE www.beetsteams.chnt What's In This Statement Financial Summary 3 FINANCIAL TRUST CO INC STATEUthT TeltICO TMEOUGN Ai:Mora mania TAYJNVER NUNSER EAST STATEMENT FOOS) 28.2004 march 31.2004 Co FY February 27. 2034 Transaction Detail 4 CJO JEFFREY EPSTEIN Your Messages 8 6100 RED HOOK QUARTER STE 83 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio cunt, Wolin I " NET moony MS PERIOD 0 NET FOUR'? LAST STATEMENT -33.514 CHANGE SPACE MST STATEMENT 33.514 There are no Stop Loss' ceders or other pending buy or sell open orders on file for your account 5.33.514 al test !to:manes rrenel blhe Stich mane ran monnity a Er /Tommie's, wpm*** WTY- IS nEN402 MT a EST Manna arm in or non inNIE Eta reahod ng TNT wont See rtmerst nfle In Ornate ininnalon 027 4 1. 41231 001 TITS EFTA01320644 CLEARED THROUCAI ITS WACtlY OWNED SUSS CYST? z ii in z -H r 8StOSEOCIA19- ANGS IS IJ O IJ 2 a 6 STATEMENT BACKER IS PRINTED ON THIS PAGE Firs Sinn Seam., Ca,. Ors itepeocii few Norm 11.66066. New Tot 1520,4839 M UST CO INC 010 0401/04.123I 00I 10329 EFTA01320645 rn IS IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc 383 Madison Avenue New York, New York 10179 0 ran, "omen rs your( armed st48388.418 Man Yam 54.7.4041 Co0 One Mit cenr.n Center IWO smart Mew Yam 11201.3559 FINANCIAL TRUST CO WC 3 1374TEIdert 04:100 1710004, FS/Num 28. 2004 Mirth 31. 2004 Cash Flow Analysis Income Summary 44-40nwr Wmebt DOS P01100 MIS 41131C0 YEAR TO DATE TIOCPAYER NANICA LAST $741ThENT On Fib retruary 27.2004 OpenIngBalance 1-33.513.55 U.S. Govt. Bond Im. 62.470.90 332.686.10 Securibes Sold 181,187,137.82 Cm& Balance Int 4.59 4.59 Reverse Repxrchase 16.825.29 62.385.28 DividendsAnterest 62.475:48 miscellaneous 30,926,395.39 Total 579.300.78 5395,075.97 Bond PINC/1646 Inc 47,250.66 -327.100.48 AmountCredited 5212,176,008.69 Margin Im. Paid -4.59 -4.59 ii securNeS Bought -151,473,254.55 Divklendsantereat Charged 47.255.26 Repurchase Int. Exp. -26,379.55 -59.000.08 C in Miscellaneous 40,581,985.33 Amount Debited 5-212,142.495.14 Net Cash &linty 33,513.55 Closinq Bo lance 50.00 Cash Balance Summary r COMIC 0.031.4 Margin -33,513.55 0.00 Net Cash Balance 5-33.513.55 $0.00 69VOSE00- 019- ANGS 027 11143/004:1831 001 V129 EFTA01320646 =AND NROLON vhati. Owl40 Sullnivav tT1 8 IJ IJ t.o.) I0 lR z m cim z H r 09VOSE00- 019- ANGS BU1R STEcRNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New York• New York 10179 Transaction Detail INVESTMENT ACTIVITY 3171.114110 OAIrt Tata out litINSIC123/t DISCRP11311 SYM93LOISP OUNIAIY INR 03/01/34 02/25104 SOLD UNITED STATES TREASURY NOTE 912828C84 -10.000000 99.87500 DUE 02/28/2005 01.625% FA 28 0988016192099 ACCR. INT. YIELD 1,689 %TO TATUM GVER REF a 00571011 Al 03/0104 02/28/04 SOLD UNITED STATES TREASURY NOTE 912828084 40000000 99.87500 DUE 02/28/2006 01,625% FA 28 0988016192099 ACM. INT. 1W 1.609 %TO IASTURITY GVER REF • 00571011 81 03/01/04 RECEIVED UNITED STATES TREASURY NOTE 912828C154 80,000,000 OUE 1.625 .1 625 02/2812006 E 02/28/06 WE FITG 10610655 Al RESALE AGREEMENT 03710/04 03700104 BOUGHT UNITED STATES TREASURY NOTE 912828822 10/300.030 101.57813 DUE 02/15/200 03.000% FA 15 0988016192099 ACCR. INT. YEID 2 656 % TO MATURRY OVER ROE a 00691013 Al 03/10104 03/09334 BOUGHT UNITED STATES TREASURY NOTE 912828822 10,000000 101.80038 DUE 02/1512009 03000% FA 15 0988035598099 ACCR INT. YIELD 2.0140 %MINIUM GNU RU 0 G0691017 A3 03/18/04 03/17/04 BOUGHT UNITED STATES TREASURY NOTE 912828C84 10.000.000 100.29688 DUE 02/28/20C• 01.625% FA 28 0988016192099 ACCR. M. YIELD 1.470 % TO MARMOT GVER REF • 00771016 Al 0118704 03/17/04 BOUGHT WITTED STATES TREASURY NOTE 912828C84 60.000.000 100.29688 DUE 02/28/2006 01.625% FA 28 0988016192099 ACCR. INT. YIELD 1,470 % TO MATIMITY GVER REF • G0771016 81 Ow. Sian Senna Ceql. ere Vero001 O2rOs WV. Becody, Nov rat 11201.3859 FINANCIAL TRUST CO INC sikreiniwr nmx FartWy 28.2004 Thotoucol Myth 31. 2004 AO2OVP4r SOURER TAxPAnix iamIER VSL sTArnivrt February 27. 2004 xY 4010.00 Ot00 WOW 9.987.500.00 441.58 49.937.500.00 2.207.88 60,150,000.00 10.157.812.50 19.780.22 10,180,937.50 19.780.22 10.029.887.50 7.948.37 50.148.437.50 39.741.85 027 04.01104.1231 001 420 EFTA01320647 1VIIN3C113NOO 191705£00-1A19-ÅNGS I8 IJ IJ lnr BEAR STEARNS OFFICE SERVICNG YOUR ACCAUNT Bw. Steam & Co. Inc. 383 Medison Avenue New York. New York 10179 See Transaction Detail (conLinued) atAn8D 'mylne.. na VniOar OtmE0 SU9Seuar Bey, Sters 5«wifes Gt, Oie ~aen C<M1/ kt 9.9,4n. Kn York 11201.3859 FINANCIAL TRUST 03 INC STArGIIE11/41 PER100 Februar/ 28.2004 114101.~ Mord, 31. 2004 ACCOL*11 tuaAnit ~MR On He INVESTMENT ACTIVITY (ccutrued) Lam Emmen Mins/ 27.2004 Knups« Dan wx« out 1~9.C11311 Ot5Certerd 5~3...r.uar, OUANTITt Mal DEM AISOINI C.Rffl AMME 03(18104 DELERED UNITED STATES TREASURY NOTE DUE 02/28/2008 1.625 912828C84 -60.030.000 60.160.000.00 1.625 DUE 0228/06 FITG F0610655 A2 TEM RESkLE AGREEMENT 03/22/04 03/19104 SOLD UNITED STATES TREASURY NOTE 912828BV1 -10.0O3.000 102.45313 10.245.312.50 DUE Om 5/2009 03.250% u 15 0988064291332 ACCR. IM. 59.821.43 DELD 2.703% TO MATURRY OVER REF . 60791025 Al 03/26/04 03225/04 SMS UNITED STATES TREASURY NOTE 9128288V1 -10.000.000 0.02 DUE 01(15/200903.250% D 15 SPECIAL INSTRUCTIONS ACCR. NT. 0.01 GVER REF it 60851010 A3 AS OF 03/25/04 03/26/04 03/25704 SOLD UNITED STATES TREASURY NOTE 912828872 -20.000.000 0.01 DUE 02n52009 03.000% FA 15 SPECIl. INSTRUCTIONS OVER REF ø 60851012 Al TOTAL 5.140.734.125.66 5130.392.783.41 INTEREST DUE DOZOOPTION 03/01104 AVG BAL 3.590421 1.644 021 «AU IfIEREST 0204 STIMCGICUS, OUWITIV RATE Op DENT Aall 0110T .11.93« 4.59 03/02/04 ADJ MONTFILY NC INT FER 03 4.59 TOTAL 3.4.59 34.59 027 04/01.04.12 31 031 V829 EFTA01320648 ClE110.3 114110U0n rts velettY oa‘to SuesOoxe 1,51112ZOO- V1-43 o F I in r _ Z91705£00 IND »JOS BEAR STURNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Menue Now Yost Now York 10179 « a Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Steams& Co.Inc. 1107411.1001 11Utt OATt an icuisictei otweince SPALCMOAP Ouumw 03/10/04 JOURNAL UNITED STATES TREASURY NOTE 912828822 40.003.003 1116 10700679 Al 3,000 DUE 02/1 5)79 REPO AGREEMENT 0030 AlKtert Dee. Stets Sanies On. One Menuch Cate Nunn !keen Ne. Vat 11201.9859 FINANCIAL TRUST CO INC STATE...Eke PERICO February 20.2004 ne101.00 March 31.2004 ACCOUer 41.803801 TAX4.41114 meeleR On Fie 4.4.5T erArauFxr Fetruary 27.2004 CRIP1 miOUla 20.300000.00 03/11/04 JOURNAL UNITED STATES TREASURY NOTE 912828822 20.000.000 20.300.000.00 FiTG F0700679 AZ 3.0:0 DUE 02/15/09 TERM REPO AGREEMENT 03/11/04 JOURNAL UNITED STATES TREASURY NOTE 912828822 .20,000,CCO 20.300.000.00 /TM F0710481 Al 3.000 DUE 02/15/09 REPO AGREEMENT 03/11/04 INTEREST UNITED STATES TREASURY NOTE 912828822 112.78 DUE 02/15/2009 3.000 FITG 10700679 A2 REPO INTEREST 03/18/04 INTEREST UNITED STATES TREASURY NOTE 912828084 16.826.29 DUE 02128/2006 1.625 FR RESALE G 40610655 702 DIŒ RES1 03/22/04 JOURNAL UNITED STATES TREASURY NOTE 9128288Y1 .10.000.000 10.250.000.00 MG F0820321 Al 3.250 CUE 01/15.09 REPO AGREEMENT 03/22/04 JOURNAL UNITED STATES TREASURY NOTE 9128288Y1 20.000.000 20.100.000.00 fnC 10260003 A2 3 250 DUE 01ti see TiRIA REPO AGREEMENT 01/22704 INTEREST UNITED STATES TREASURY NOTE 9128288V1 23.405.31 DUE 01115/2009 3.250 O FRG F026C47 MT ERES03 A2 REP T 03/26)04 JOURNAL UNITED STATES TREASURY NOTE 9128288V1 10.000.000 10.250.000.00 FRG F0820321 A2 3 250 DUE 01/1509 TÉRIA REPO AGREEMENT 007 04,01104:12:31 001 MM EFTA01320649 -n C in z J r ESVOSEOCIND- ANGS I8 IJ BEAR STEARNS OFFICE SEM/ICING YOUR ACCOUNT Bear. Steams A Co. Inc. 383 Madison Avenue New York. New York 10179 7 er Transaction Detail (continued) =ARCO 714.W.ON ITS youXIX OATE0 StAINCIARY fin Owens StoxLe$ COIL ON Minima Una Rath ISIOrtYyrt 0PrO Va 11201-3859 FINANCIAL TRUST CO INC STATEtONT PCRO3 FeDDADy 28, 2C04 110003-1 PANG 31, 2C04 ACCOUNT WADER TAXPAYER wutet On no REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) LAST ITATENOX Fetruary 27, 2004 SETTLEMENT 111ACC DATE DATE TOPAADARON OtSCRATION SIAPOLCUSIP DAMN OM NAMPO 03/26/04 JOURNAL UNITED STATES TREASURY NOTE 912828822 20.000.000 20.300.000.00 En F0710481 A2 &COO cut 02/15178 TERM REPO AGREEMENT 0126/04 CREDO Amapa INTEREST UNITED STATES TREASURY NOTE 912828891 837.08 DUE O1/15/2009 3.250 FITS F0820321 A2 REPO INTEREST 03/26/04 INTEREST UNITED STATES TREASURY NOTE 912828822 2.024.36 FITS DUE 02/15/20481 A2 0D9 3003 F071 REPO INTEREST TOTAL 5-70 978 379 56 550.866.825.29 MISCELLANEOUS CATS laGTAY TRWSACTION DESCAPTION OWE MOUNT CREW MS 03/01/04 JOURNAL F176 FIlM 33,613.00 03/02/04 JOURNAL FITS FIDA 222.355)03 •••••• - • 03/04/04 JOURNAL FITS FlTM 3.00 03/11/04 JOURNAL FITS ETTA 58.309:00 03/12/04 JOURNAL FITS FTTM 113.00 03/15/04 JOURNAL FITS MAI 226.00 03/19/04 JOURNAL FITS FITM 58.990.00 03/23104 JOURNAL FITS TO FITM 431,728.00 03/25/04 JOURNAL MSC ADJ TO CASH DAL 0.36 027 0001/00 221 OM "a EFTA01320650 0 -n z C rn z J r P9tOSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 8. Co. Irc. 383 Madison Avenue New Vett, New Yak 10179 e. Transaction Detail (continued) MISCELLANEOUS (continued) OAR MOOAT nuasitnsi can DM MOM CROXY emOUNT 03/26/04 RECEIVED RIG PG0013747275 140.97 0210212825 P001. UPON 3.0000 FraNCINGCO NET PAIROFF DUFF 03/30/04 JOURNAL FTtM TO MG 30.553.002.39 'TOTAL 5.431.985.33 530,926,395.39 Your messages Excess SIPC Account Protection Update Effective February 16. 2004. the commercial insurer through which Bear. Steams Securities Corp. obtains excess SIPC protection changed to Customer Asset Protector) Company CCAPCCX). a New York kCenSed insurance company. CAPCO has an A— financial strength rating from Standard and Pm's. End of Statement CLEARED Meath ITS ANCe.LY C.r.tb SuSSOORY Ser. Stern Secular Cry Ono lAnserrth Crow Math Ortotlyt IN. Vt* II 201.35S9 FINANCIAL TRUST CO INC STATEWEM PERICO rebury 28.2034 THROW.. Mann 31.2034 Mtn, ra quenleit TexPnveR hi.DASen On File LAST STATEMENT rebury 27. 2004 The rem believes it is of the utmost importance that dents who purchase or hold mutual funds fully understand the intricacies c4 the pricing structures and rules which govern these investments. Recently, a joint Industry/NASD Task Force collaborated to create a Disclosure Statement to address these Issues. We are providing this Disclosure Statement to you for the purpose of reinforcing these concepts and to initiate the opportunity for further discussion of these issues to the extent you have questions. You are encouraged to contact year financial professional with any questions you have regarding your investments. Additionally, you may review this information Mine at the following NASD web site: http:/hwm.nasdr.com/breakpoints_statement.asp 027 0401/04:1231 CO: Ye29 EFTA01320651 to IS IJ IJ T I TZ m r SSVOSEOCIA19- ANGS BEAR STEARNS 0110E SERVICING YOUR ACCOUNT Beer, Stearns & Co. Inc. 383 Madson Avenue New Tod. New Yak 10179 n.....) viitomm ns yfroOLLT OrEED StAPSOPAN Bar. Signs Mean Cttp. CVN lAtotedi CcUs De d/1 Nn Yrn 1120141119 FINANOAL TRUST CO INC ACCOUNT EXECUTIVE CHINA GOVT BONO VISIT OUR wEBSITE IEW/bealSTrliniS.COrn What's In This Statement Financial Summary 3 Iluillminlill I I FINANCIAL TRUST CO INC TYKraitNY Moen Tinap3ri ACCO.NT RIARIER TAXPAYER MAWR LAST TrATriaDer Janney 31. 2004 FOYULTry 27. 2004 On rile Ismael 30.2004 Your Portfolio Holdings 4 C/0 JEFFREY EPSTEIN Transaction Detail 5 6100 RED HOOK QUARTER Trades Not Yet Settled 7 STE 83 Your Messages 8 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio NET DEBIT BALANCE -33.514 CASE 4 Egwa'nt 3 3 514 NET EQUITY TIES PRAM 5-33,514 M I Iasi statemerCs manes WINE =I Shall market TAJO NET Eournt LAST STATEMENT 0 CHANGE SINCE LAST STATEMENT 41514 There are no 'Stop Lou' orders or other pending buy or sell open orders on file for your account. 51E vinery for Ltnnoial cinema ant it not mot anti/ OWNTIL ma ttaltmen ORA: be read for yew math. See Wein Ode lot Inoue. ieforrem. 02T 02/2504.1112 031 YRS EFTA01320652 OJEARIO TROUGH ITS 7040544 08740 SU8801400 89r. 904,8 584914.4 Coy. 014 7.4418(44, Certbr 1198 80458 Mew Yon 112014859 FINANCIAL TRUST CO MC O z m cim z H r 99VOSE00- IND- ANGS 8 1,) STATEMENT BACKER IS PRINTED ON THIS PAGE 027 020804.1132 001 00 EFTA01320653 BEAR STEARNS caricz SERYMG YOUR ACCOuta Bear. Stearns a Co. Inc. 363 Mason Avenue New yeet, New Yea 10179 3 it s Cash Flow Analysis Pc1100 Income Summary nei WOOD YEAR TO DATE Opening Balance 50.28 U.S. Gott. Bond Int. 12.362.64 270,215.20 Reverse Reptrchese 36,484.42 45.559.99 Securaies Sold 180,922,421.92 DiMendsinterest 12,362.64 Total $48.847.06 $315.775.19 Bond Neches° Int -191420.89 -239.849.82 Amount Credited $180.934.784.56 Repurchase Int Exp. 0.00 -32.620.53 Securities Bought -120.464,062.50 -n Diyidendsarrarest Charged Miscellaneous -191.620.89 40.312.615.00 Portfolio Composition C rn Amount Debited Net Cash Activity $480.968.298.39 -33.513.83 CashiCash Equivalent SHORT 33,514 LONG Total $33,514 Closing Balance 5-33.513.55 r LSVOSE00- 019- ANGS I8 b.) lrr IJ Cash Balance Summary cfronG kluen 0.28 4341345 Net Cash Balance $0.28 5.33,513.55 Ca/ OZ2DM.1r 32 0O1 CLEM4E0 'MOWS vs WHO.LY WOAD SLSSI0NRY Dear Sans Seaman Cap. 0ne Weruto Optic Mann enoesrs. New IV( 11201.311SP FINANCIAL TRUST CO INC STATELIENT PERO> January 31. 2004 henuah Fawn 27. 2004 ACCOUNT MAW lax.AvitiR papaw On Re LAST 3TMtWCWT January 30.2004 Your Portfolio Allocation Start Casa a Ulu/talent — 100% UnINC03 Xel<n> dr* Clete balite* lv4.* eel asemol vita* The - non>, a 4,0.4 1.1), IN stadia nal ILA yawn:~ ace00 vale EFTA01320654 -n C in r 89tOSEOCIA19- ANGS IS IJ T.) O a W BEAR STUMNS OFFICE SERVICING MIR Accawl Bear. Steams & Co. Inc. 383 Madison Avenue Now York. Now Ycek 10179 Your Portfolio Holdings CASH 8. CASH EQUIVALENTS OFSCRIMON CASH BALANCE TOTAL CASH & CASH EQUIVALENTS SWIOLCIJOP a.nwtto CURRENT VALUE /JAM MOW TTELD -33.514 5.33.514 YOUR PRICEDPORTFOLIOHOLDINGS 5-33,514 Repurchase and Reverse Repurchase Transactions with Bear,Steamsand Co. inc. outstanding as of date of statement 14.00413E/ RONR0.131 nrclur, RATWASE PRICE/ ACCO.E0 REPO WARTETT SPRY DATE WE RATE POMP./ MEREST- fACE /00:41N1) CUSP DUERR:or. cssAn Oft0LOR ITS wmowe °Mato SIASIOVAV Bar boon Sto.ntas Coo. Ciw IASOUCI1 Cons Not Orton" New Ton 1,201.3559 FINANCIAL TRUST CO INC SUMMON PER= /flay 31.2001 TTIROUON letetiley 21.2004 ACCOLPO NURSER TAXPAYER xiAiWt 0. Fria U4T STATEWIT Jaws, 30.2004 YOU SOLD USTR 3.25C0 01.'15109 (REPO) 01/26104 OPEN 1.050 -20.100.000 -12.702 -20.000.000 912828BV1 TOTAL REVERSE REPURCHASETRANSACTIONS TOTAL REPURCHASE TRANSACTIONS 5.20.100.000 5-12,702 es cd slimoral SO SO OTT 02;2841.11 32 Or EFTA01320655 0 ii C in r _ 69170SE00 IND ANGS BEAR STEARNS OFFICE SERVICING yarn ACCOUNT Bear, Steams Co. Inc. 383 Madsen Avenue New York. New Yea 10179 5 en Transaction Detail INVESTMENT ACTIVITY 9111100/41 numAcncin 013C1aN 02/04/01 02/03/01 SOLO $111001.0040 auteaTre CLEMIE0 TPROPC•8 as 0140th 0010.0 Su0SOWXY Bee. Suns 30wiles Cap. 0/* Werouth Catimmanit Mew Tat /1201411.0) FINANCIAL TRUST CO INC STATEME.rt PERIOD Tammy 31.2004 /101OUGH Fa lun 27.2004 ACC001/ tonna maw On lb LAST eTATeuemv sue, 30.2034 01111M10100 0KM AVOW UNITED STATES TREASURY NOTE 912628887 .10000.000 100.22656 10.022.656.25 CUE 01/11/2006 01.975%11 31 0913872829109 ACC . 2.060.44 NEW 1.759 % TO 1.44TURRY GAR REF /60341007 43 AS OF 02/03/04 02/04/04 02.03/01 SOLD MATED STATES TREASURY NOTE DM owl now 01.675% 11 11 09138729391099 YIELD 1.759%TO MATURITY OVER REF • G0341007 B3 AS CC 02/03/04 9128288V .50.000.000 100.22656 50,113,281.25 /t..CR. Mf. 10.302.20 02/04/04 02/03/04 BOUGHT UNITED STATES TREASURY NOTE 91282881/3 10,000.000 100.32031 10,032,031.25 DUE 12/31/2006 01.815% .ID 30 0988728291099 ACCR. INT. 19028.85 YIELD 1.703% TO MATURMI GOER REF a 60341003 A3 AS CC 02/03/04 02/04/04 02/03/04 BOUGHT UNITED STATES TREASURY NOTE 912$288U3 50,030000 100.32031 50,160,156.25 DUE 12/31/2/005 01.875%10 30 0981729291099 ACCR_ INT. 90,141.23 YIELD 1 703 %TO MATURITY GVER ad es 60311003 83 AS OF 0203/04 02701/04 RECEIVED UNITED STATES TREASURY NOTE 9128288X7 60,000,000 60,300,000.00 — OM 01/31/2008 1.675 1,676 DUE 01/31/06 FOG F0350404 Al RESALE AGREDAEW 02104/04 DELIVERED UNITED STATES TREASURY NOTE 91282881/3 430000,000 60.450.030.00 DUE 12/31/2005 1.876 1, COE 12/3105 FRG S 10210559 M TERM RESALE AGREEMENT 02/27/01 02/26/04 BOUGHT UNITED STATES TREASURY NOTE 9128288X7 10,000,000 100.15313 10,045,312.50 CUE 01/31/2006 01.1375% It 31 0868016192099 /OCR MT. 13.907.97 DELD 1.635% TO NATURITY GVER REF • 60571007 Al WO 092•114.11:32 001 veil EFTA01320656 GUAM TIPOv3m ITS ~OW, ØSuettear -n rn r OLDOSE00- IA19- ANGS BBNI1 STUkRNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 MadSeti AYarale New YE& NOW Ye« 10179 6 ei Transaction Detail (continued) INVESTMENT ACTIVITY (Continued) SI111DAENT TRAM DATE DATE TRANSACTION DISCRPTON SMOCUCUSIP COMM PDX 9TATENENT Ø0000 niRouGH krrvHT NIAMIP TAXPAYM POWER =Anwar CON HAUNT In/ 31.2004 February 27.200E orm rb mnery 30.2004 CREPT ALOINT 02/27404 02/26/04 BOUGHT UNITED STATES TREASURY NOTE DUE 098 0141/2 192099 006 01.875% 11 31 8016 VEID 1.615 %TO MATURflY GVER REF V 60571007 111 02/27/04 DELIVERED UNITED STATES TREASURY NOTE DUE 01/31/2006 1.875 1.875 DuE 01/31/08 rim F0350404 A2 TERM RESALE AGREEMENT 912828827 9128288X7 50.000.000 ACCR. INT. -60,CCOCOD 100.45313 50.226.562.50 69.539.84 60.300.000.00 TOTAL S-180.955,683.39 5180.898.303.14 REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear, Stearns& Co.Irte. eta. Stem Searam Cap. One Menuxii Carts ,Ma One" Ike et " 18S9 FINANCIAL TRUST CO INC ØMT WI£ DATE DATE TRANSACT/3M DESORPTION SYNICVMS.I. ~DIY DENT ANOINT adrel ANOINT 02/0404 INTEREST UNITED STATES TREASURY NOTE 9128288U3 14.675.92 DUE 12/31/2005 1.875 FRG F0210559 A4 RESALE MEREST 02/27/04 1,11cDFSY I;41TFf. S'A, F5 TREASURY NOTE 9128288X7 21.808.50 TOTAL 536.484.42 veie EFTA01320657 0 -n in r ILDOSE00- 019- ANGS I8 b.) V.) BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT ISSN Van ScCoots Coy. Bear. Steams II Co. Inc. 44• Vorxece. aw htefi 383 Madison Avenue Boot." Me. wet 11201.1449 New Yak, New York 10179 CLUJILD 111401.10M ITS Warr PAWED areaway 7 a Transaction Detail (Continued) MISCELLANEOUS M Cn CVAY TROGACTON 02105704 JOURNAL TOTAL 5-12.615.00 o4144.104 FIT6 RIM 12 615.00 C(9/1 MAOURI CREDIT Maid Trades Executed Pending Settlement SETTLD4ENT MOE OAR OAR TRAXMCIION DESCRPTON SHAPOUOJSIP allUeTTY PREF COW ATIOUPTI CREW NAOMI 0301/04 02/28/04 SOLD UNITED STATES TREASURY NOTE DuE 0208/2008 01.6201 FA 28 0988016192009 HEED I.610 % TO PAATURnY BYER REF • GO571011 Al 03/01/04 02428/04 SOLD IMMO STATES TREASURY NOTE DIM 02128/2005 01.8258 FA 28 0968016192099 YIELD 1.689 II TO MATURITY NEE • Cosi i oil 81 .10.000.000.00 40.000.000.00 99.8750 99.8750 9.987.941.58 49.939.707.88 TOTAL 50.00 559.927.649.46 114 stew — de am amat hag Mn *MGM MN ea FINANCIAL TRUST CO INC STATEMENT flit= Arum 31.2004 1101Cral Febevery 21, 2004 ACCOUNT MAIM TAXPAYER MUM On Fie LAST under January 30.2004 027 022404.11-32 02, von EFTA01320658 GOND llinuen as vafiCur Matt SuSSOVOre z m cim z H r ZLVOSEOCINDANGS ba a W IJ BEAR STEARNS Cara SERVICING YOUR ACCOUNT Bear. Steams & Calm 383 Madison Avenue New York. New York 10179 8 es Your messages ma- Excess SIPC Account Protection Update Effective February 16. 2004, the commercial insurer through which Bear. Steams Securities Corp. obtains excess SIPC protection charged to Customer Asset Protection Company r CAPC0"). a New York licensed instrance company. CAPCO has an A. financial strength rating from Standard & POP'S. End of Statement 027 02/21034.1112 001 9W. Sinn Se0rps Cap. Ore Vaasa Cent AWN 10:a0r. Paw Tat 112014.5.9 FINANCIAL TRUST CO INC slanIpa 0a020 1001.ary 31.2004 TOCUCal Folmar, 27. 2004 •tWVrt .4.24020 TAXWER MAMER CLI Ft LAST STATELICST Jana, 30.2004 EFTA01320659 0 0 z ii C in z r ELVOSE00- 019- ANGS BEAR STEARNS arra SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New Ye< 10179 ACCOUNT EXECUTNE GNMA GOVT BOND VISO OUR MOM wow.bearsteams.ccol What's In This Statement Financial Summary 1 You Portfolio Holdings 2 Transaction Detail 3 Your Messages 7 ilIIIIIIIIIIIIIII III FINANCIAL TRUST CO INC GO JEFFREY EPSTEIN 6100 RED HOOK QUARTER STE B3 ST THOMAS VI 00802 Cash Flow Analysis MS PO000 Cash Balance Summary Or an OOSMIC Opening Balance $0.49 Margin 0.49 0.28 Securities Sold 226.228.606.83 Net Cash Balance $0.49 $0.28 Ceriderds/Interest 257,852.56 Miscellaneous 60.783.172.61 AmountCrodrted $287.24%632.00 Income Summary Securities Bought -70.500.589.28 II'S PERM WA TO Oa% U.S. Govt. Bond Int. 257,852.58 257,852.56 DN.:lends/Interest Charged -48,228.93 kescelLaneous -216,700,814.00 Reverse Repurchase M. 9.075.57 9.075.57 Total 5286.928.13 5266,92813 Amount Debited 5-287.249.632.21 Bond Purchase Mt. -48.228.93 -48,228.93 Net Cash Acting -0.21 Repurchase Int Exp. -32.620.53 -32.620.53 ClosingEtalance $0.28 O1ARED TW7/190 17$ YW0LLY OweL0 SL nray Bur Stara Swarms Cow Coe 1Aeintwn Carr 149/9 tbrarl. Wm WM 11191.3669 FINANCIAL TRUST CO INC raTTUFW Pf/000 January 1. 2C04 TWC/3304 January 30. 2004 ACCOurf MAWR Trauvia AtiutrA On Tie LAST STATtUrr December 31, 2003 119h tawny for Warman, r,nons Oro. I IS WC Ywi1 es a Iza rani TIW Kremer Web De reablieS rW yer ramea Sr werse 000 rY 110:061 aiwaren 017 01 /3104913 10 00, 1/124 EFTA01320660 9911:1700-V.L.43 BEAR STURNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avarua New Yak, New Yak 10179 2 as Your Portfolio Holdings CASH & CASH EQUIVALENTS 0000.10N CASH BALANCE TOTAL CASH & CASH EQUIVALENTS SNIABOLCUSie Maki ES1118171D CURRENT OuN4-fiv Farr! ytur mm:At IstNE TIM M) 0 CLEARF-0 TNRCuelm rts rmOLLy wow 00,90m10* Bye Sworn Sewn., rat. One IMtct& c-is Okrth New et 20 3959 FINANCIAL TRUST CO INC STATEMENT WERCO /arum 1.2004 Tme0u0.4 Sammy 30. 20C4 ACCOLINT Pawpaw !Naomi:Ft mascot On FIle LAST SIAM/tor! DecerNw 31.2003 -n Repurchase and Reverse Repurchase Transactions with Bear, Steamsand Co.Inc.outstanding as of date of statement PlitOIA3E/ ROFLACtiMit 1,11:010 PLROKSE PRIX A0:14.RD Ounarft C in SUM DAM 0ATE A1n ORNCIPAI. 11.1tREST. VKC IIACOO) CUSP mon YOU SOLD USTR 3 2500 01/1909 (REPO) 01126/04 OPEN 0.280 -20.100.000 -2.635 -20.000.000 9128286V1 YOU BOUGHT USTR 1.8750 12/31105 r (REVERSE) 01/21/04 OPEN 0.550 60.450.000 12.912 60.000.000 912132FIBU3 TOTAL REVERSE REPURCHASE TRANSACTIONS $eaasotoo $12.912 TOTAL REPURCHASE TRANSACTIONS S-20.103.000 S-2.635 'As et ttal•-.0.1 ears _ PLDOS£00 IN9 ANGS 021 0141/D4F3920 001 5324 EFTA01320661 O -zn m Z r SLVOSE00- 0/9- ANGS BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Ber. Steams & Co. Inc. 383 Mason Avant.* New York, New Mt 10179 3 e F Transaction Detail INVESTMENT ACTIVITY 5171117200 MOE OUT DOE 1102SACIPPI 01%7/04 01/06/04 SOW DESCR991011 UNITED STATES TREASURY NOTE WE 09/3012005 01.525%14 31 0988728291099 YIELD 1.671 %TĘ/MATURITY GVER REF • G0081000 Al SYMPLCOSIP OMOM nin 912828813 -20.000.CW 99.92188 ACCR. M. 01/C0/04 01108/04 SOW =Ano rafowa in 0909.12 0002.0 SISSOOPY Ow Sten WOOS Cap. One menom Cela Op% becleyk A4v *I 20 19 9 FINANCIAL TRUST CO INC STATrACNT Moe° Janutry 1.2004 THROCON Amery 30. 2034 ArOyNT 9..923919 1P1P.ofR vs.9101 on nk. LAST 1099F10.91 December 31.2003 Dur MOM MX Amura 19.984.375.00 87,909.84 UNITED STATES TREASURY NOTE 9128288U3 45.030.003 100.10158 35.035.546.88 DUE 12/31/2036 01.875% JD 30 0988064291332 ACCR. INT. 16.225.96 YIELD 1,822 % TO MATURITY OVER REF 500081038 Al 01/0944 RECEIVED UNITED STATES TREASURY NOTE 9128288113 35.000,000 35,131,250.00 DUE 12/31/2006 1.875 1.875 WE 1201/05 mc 10090888 Al RESALE AGREWENT 01/15/04 01/14104 BOUGHT UNITED STATE TREASURY NOTE 9128288T8 10,000.000 102.03906 10.203.906.25 5 YR NOTE WE 12/15/2038 03.375%10 1$ ACCR. M. 28.586.07 0988015192099 YEW 2028 1110 ISTURITY OVER REF • 001 41026 Al 01121/04 01/20/04 SOW UNITED STATES TREASURY NOTE 9128288W -25.000.000 100.40625 25,101,562.50 DUE 12/3112005 01.875% JO 30 0988016192099 ACCR. INT. 27,043.27 GWR 1,551 % TOWOUROY REF 5 G0201039 M AS OF 01/20104 01/21/04 RECEIVED UNITED STATES TREASURY NOTE 9128288U3 60.000.000 60,450000.00 DUE 12/31/2035 1.875 1.875 DUE 12/31/05 FRG PG0012458131 0210212825 POOL COUPON 1.8750 IWJ4CING NET PARDEE DST 01221,04 RECEIVED UNITED STATES TREASURY NOTE 9128288113 60,000.000 60450.000.00 DUE 12/31/2005 1.875 1,875 WE 12/31105 MG F0210559 Al RESALE AGREEMENT 021 claw040124 CM 1024 EFTA01320662 REARED MARACA ITS "CU." OAATO WaScoure In I8 b.) V.) 00 00 0 -n C in r 9a0S£OO- O19- ANGS BEAR STEARNS OFF,CE SERVICIV6 YOUR ACCOUNT Bear. Stearns & Co. 383 Mackson Avenue New York. New York 10179 sea. Sawn Seams Ca Ow uteown CfPle 141:01 etookAn. a1W VW, 1120141159 FINANCJAL TRUST CO INC Transaction Detail (continued) STATEMENT AMOS 7/TIOWN ACCOONT MUMMA INSTATES Hugest, January 1.2004 January 30. 2004 On Fk INVESTMENT ACTIVITY (coveued) LAST STATEMENT December 31.2003 WITIEMENT TRADE OAR OATS TIMMUCTIOS OISIOWIICAT SINKIJCUS• OUNIRW RRet Ott ANOINT CRID1 MIOuNT 01/21/04 RECENED UNITED STATES TREASURY NOTE 91282881.13 60.000.000 60,450,000.00 DUE 12/31/2005 1.875 1,875 DUE 12/31/06 10210559 A3 RESALE AGREEMEM 01/2144 DELIVERED UNTIED STATES TREASURY NOTE 912828803 -35.000,000 35,131,250.00 DUE 12/31/2005 1.875 1,875 DUE 12/31/05 FRG 10090688 A2 TERM RESALE AGREEMENT 01/21,104 DEUVERED UNITED STATES TREASURY NOTE 912828803 .60.000.000 60,450,030.00 12/31/2 0052/31/05 1.876 DUE5 1.87 DUE 1 FRG 10210659 A2 RESALE AGREEMENT 01/22/D4 JOURNAL UNITED STATES TREASURY NOTE 9128288113 -60.000.000 ADJ POS NO 1/2144 1.875 DUE 12/31/05 01/26/04 01/23/04 SOLD UNITED STATES TREASURY NOTE 9128288M1 -10.000.000 100.63281 10,063,281.25 DUE 10,15/2008 03.125% AO 15 0988016192099 ACCR. INT. 87,943.99 YEW 2.980 % TO MATURITY OVER REF 0 60231009 Al 01/26/04 01/23/04 SOLD UNITED STATE TREASURY NOTE 912828816 .10,000.000 101.63516 10,163,516.63 5 VA NOTE WE 1215/2008 03.375%10 15 ACCR. WT. 38.729.60 0988016192099 YEW 3.034 % TO PAATURITY GVER REF • 60231010 Al 01/28,04 O':23!04 BOUGHT UNITED STATES TREASURY NOTE 912828801 20.030403 100.88281 20,176,562.50 DUE 01/15/2009 03.250%11 15 0988018192099 ACCR. OTT. 19,642.86 YIELD 3.057 % TO NIATURTIY :WE° t'S' 4 CC23-0-, Al TOTAL 5.246.909.947.68 5196.177.363.82 04.0020 i1Of 001 114,4 EFTA01320663 69 112ZOO-V1.43 0 in r _ LL1705£00 1619 JAGS BffiR STBkRNS OFFICE SERVICING MIR ACOXINT Bear. Stearns 6 Co. Inc. 383 Madison Avenue New York, Now York 10179 5 act Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Stearns& Co.nc. SMARM AO( aR OAR TM/GA[03N OLICISRON 311.420VOMP Rummy OM AMUR ORM »AOLIXT 01/07/04 JOURNAL UNITED STATES TREASURY NOTE 91282661.3 20000.000 19,900,000.00 FITG r3390.32 A2 1,625 OUE 099095 TERM REPO AGREEMENT 01/07/04 INTEREST UNITED STATES TREASURY NOTE 91282861.3 16,685.25 CUE 09/30/2005 1,625 RIG F3390432 A2 REPO INTEREST 01/15/04 JOURNAL UTRED STATE TREASURY NOTE 912828876 -10,000.ECO 10.200.000.00 5 YR NOTE 3.375 CUE Tama FRG F0150491 Al REPO AGREEMENT 01/21/04 MEREST UNITED STATES TREASURY NOTE 9128288U3 9.075.57 WE 12/31/2005 1.875 FRG F0090688 A2 RESAIE MEREST 01/26104 JOURNAL UNITED STATES TREASURY NOTE 9128288M1 10.000.000 9.987.500.00 FRG F3180014 A2 3.125 DUE 10/15)08 TERM REPO AGREEMENT CLEARED T14,10:X.w RS W140U3 OWNED VJELSOWV hist. swarm Steirm. C0,P ov, ~own QM« 1~ &Ofør. W. York 11201.1869 FINANCIAL TRUST CO INC STATEMENT Puma Armory 1.2004 NROUCal ~El, 30.2004 ACCC~ NINSER ~AYER ~ER DI FM LAST OrA117.40R DeWitt« 31, 2003 01/26104 JOURNAL UNITED STATE TREASURY NOTE 9128288T6 1004;0.000 10.200.0430.00 5 YR NOTE 3.375 DUE 12/1906 RIG F0150491 A2 TERM REPO AGREEMENT 01/26.04 JOURNAL UNITED STATES TREASURY NOTE 912826691 -20,000000 20.100000.03 FRG F0260803 Al 3.250 PR 01/15109 REPO AGREEMENT 01/26,04 INTEREST UNITED STATES TREASURY NOTE 9128288M1 13.091.95 DUE 10115/2008 3.126 FRG F3180914 A2 REPO INTEREST 027 0141/0.a.20 001 EFTA01320664 OL !EL:ZOO- Vida C) -n C in r 8L170S£00 IND ANDS BEAR STEARNS MCC SERVICRiG YOUR ACCOUNT Beer. Steams & Co. Inc. 383 marfeton Avenue New Yaks New York 10179 6 a • Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (cantinued) smarm! COTE 01/26/04 1430E DATE 14446441011 Ducaronos INTEREST UNITED STATE TREASURY NOTE 5 YR NOTE DUE 12/1542003 3.375 Mt F0160491 A2 REPO INTEREST SYLICUCUSP 9128281376 OLUNITtt MOOS HAMM 2.66333 0.1EAMD 11010L01 ITS WW0lLY On110 SUSSOARY Our. Sri kaolin Co.P On• Yotrowch Cm., ken tool," /on rtrt 112014449 FINANCIAL TRUST CO INC ETATf€Nt PerrOO January 1.2034 n4X01.131. January 30, 2004 A0C0 ma waft TAXPAYEA WV/CA On fie LAST STAnnera Demme 31.2003 CREDO TOTAL S-40.120.120.53 530.309.075.57 MISCELLANEOUS DATE 1400AY TILMSC10.1 DISOsPrON 04011 MOU111 MINT Ali0v,IT 01108/04 JOURNAL FRG ATM 155.420.00 01/12/04 JOURNAL FRG MAI 79.477.00 01113/04 JOURNAL 03TREASURY REBATE MG 19,611.26 01114/04 JOURNAL MG RTM 19,611.00 01/16/04 JOURNAL MG FRISI 32.492.00 01/21/04 DELIVERED FRG P00012456136 60.450.000.00 0210212825 POOL COUPON 1.8750 FINAJCPIG NET PAROFF Of? 01/22/04 JOURNAL RIM TO FRG 181,068.00 0126/04 DELNERED MG PG0012525646 524.35 0210212825 POOt COUPON 3.1250 FROM M NET PAIROFF OFF 0127701 JOURNAL FRG FRIA 44.533.00 TOTAL 5-219.564.00 560.763.172.61 027 0131,p4:0020 001 ',SEA EFTA01320665 to I8 IJ IJ --J 0 -n z C in z -H r 6LVOSE00- 019- ANGS BEAR STEARNS Dun SERVONG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madden Avenue Ma York, New York 10179 7 ae Your messages Averse; SIPC Account Protection Update Effective February 16, 200d, the commercial insurer through which Bear. Steams SeasitieS Corp. obtains excess SIPC protection wil change to Customer Asset PrOteClial Company rCAPC0'). a New York licensed insurance company. CAPCO has an A. financial strength rating from Standard and Poor's. End of Statement CLEMEN THREWN ITS WriCtLY CNNOJE SLELTI0Wty Stet Stan Sonr4as Coy. On., Melsetaen One Math BMW\ Nat Yet 11201.38SG FiNANCIAL 1RUST CO INC tureen PROD January 1.2004 TNROUGH January 30.2004 ACCOLla MAWR TAXPAYER MAMA On Fte UST STARVINT December 11.2003 027 ONINOPOI 20 NEI N7124 EFTA01320666 CLEM= THICO011 next 0nD WILSOne Om Stew Sewn Cap. Ors inn On NOM emair. wve Tot 112014,50 FINANCIAL TRUST CO INC Bel 0 z -n C in z -H r MOSE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 007 01/310.0.X1 001 Vtite IJ IJ IO EFTA01320667 CONFIDENTIAL SDNY,,00350.1 EF7A_00.3173 EFTA01320668