EFTA Document EFTA01320743

Statements CONFIDENTIAL SDNYGM,350556 EFT,00223248 EFTA01320743 OLEOS) onOucin as Mo.Av OwnED SUBSOARY BEAR STEARNS OFFICE SERVICING YON ACCOUNT Beer. Stearns & Co. Inc. 383 Madison Menuo Nee TOIL Now Vat 10179 (212) 272-2000 ACCOUNT CaCuTNE GNMA GOVT BONO VISIT OUR %MUTE elevo.bearStearrIS.COrn What's In This Statement 'hull...LIM hi Financial Summary 3 FINANCIAL TRUST CO INC Yotr Portfolio Holdings 4 C/0 JEFFREY EPSTEIN Transaction Detail 7 6100 RED HOOK QUARTER Your Messages 13 STE 83 0 ST THOMAS VI 00802 m IJ IJ IJ -n C in Your Portfolio at a Glance TOTAL VALUE OF SECURMES THIS PERIOD 18.601,283 Market Value of Your Portfolio Cash ■ fearvalen: —II 5380 1360 5280.444 LONG ACCRUED MEREST 215.777 rnd 518.601,283 NET CRCREDITam ANC.- 380.860 Income 515.453.004 NET Eatery THIS PE CO 519.197.920 Onto eerier value Last statements market value r LSSOSE00- 019- ANGS NET ECUTY LAST STATEMENT 15,882.704 CHANGE SINCE DST STATEMENT 3,315,216 There are no 'Stop Loss* orders or other pending buy or sell open orders on file for your account. kit Storrs Sodium Cap Ore WAXMAN OYU( NEE grocer. New Vat 11131.365, R1E) 212.1C00 FINANCIAL TRUST CO INC STATEAARIT new Hammett 29.2003 THROW* DOCArtEr 31. 2003 ACCEANT WARM TAXPAYER POWER On EAR LAST STATER/EAR November 28. 2003 , nnvls slat RIOAARRRIP PEPases city. n IP nal standee as a or want Tait earner manes reamer he yes mots Set testa sear Re hyntel rewrite- 02) 01.01/04.12:17 COI Important Message It any reformation regarding 2003naterDSt. dividends. miscellaneous intorno. cross proceeds or original issue duo= is reclined to be reported to the IRS for thiS account, a Consolidated Form 1099 wit be marled to Sou by February 2,2004or a 10425 by march 15.2004. EFTA01320744 CLIA020 TKROuroi TS Anat./ 01040 SUBSOARY b✓. Sten Secs.lies Can. One Waste, Coln 1420n bstl2\ 7125 Vat 1t 201.3$19 (2111 27F1CCO FINANCIAL TRUST CO INC 2 el '3 O z ii C rn z -H r 8SSOSEOCIA19- ANGS 8 IJ IJ IJ O STATEMENT BACKER IS PRINTED ON THIS PAGE 021 01101/01.12 17 C01 Vela EFTA01320745 rn 8 IJ INJ IJ BEAR STEARNS OFFICE SERVO% YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue Neer York. New York 10179 (212) 272-2000 3 Si, Cash Flow Analysis Income Summary isa trollop Thes rEWQ YEAR A DATE Opening Balance Seconds.% Sold 3280.444.12 34.476.423.63 Get. Agency nt. Corp. Bone M. Ctodt Balance Int. 529.120.88 240.687.70 31.77 9.461.836.30 1,401354.75 1.111.18 CivklerxhAnterist 769.840.35 Reverse Repurchase Int. 4.127.88 26.483.48 miscellaneous 114.93900 Total 8773.968.23 510.892.785.69 Amount Credited 535,361,202.98 z -n Secureies DriodendsInterest Charged -35.167.056.56 -93.680.63 Bond Puthase Pt Marge Int. Paid Repurchase M. Exp. -93.803.74 .76.89 0.00 -143,760.56 -76.89 -24.344.52 Miscellaneous -50.03 rn Amount Debited 3-35 2/30 787 18 Portfolio Composition z J Net Cal Activity 100,415.80 Cash0ash Egterelert 380.860 Closinpalance 3380.859.92 Fixed Income 18,501.283 r 6SSOSEOCIA19- ANGS Cash Balance Summary COOING inersin 280,444.12 380.86%92 Net Cash Balance 5280,444.12 $380.859.92 Total 318.982 143 027 0, rt17:74 17 17 001 CLLUt7.0 IIIIK0014 ITS Wilte.LY PANTO SIAMDKRY sew. Siena Stant Lop. One metsoier OYU/ NUT best Nee net 11201.3859 I212 2724000 FINANCIAL TRUST CO INC STATEMPO Pat° Nereter 29.2003 natOlX04 December 31, 2CO3 Ar , Use, We texPAYell MAMA LAST arsnoreitr rionnita. 20 2CO3 Your Portfolio Allocation Cub &Eptelent 2% Fad Income 98% LI-eoliee cones *Mt We Aiwa veb own wale mint ”. aexacen ;reap le *noel sew Ire ecepee -at wee..• or lot ptelak, Vti EFTA01320746 rn 8 b.) V.2 41 b.) IJ -n C rn r 09SOSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING ‘CUR ACCOUNT Bear. Seams & Co. Inc. 383 Madison AY411110 New York New York 10179 (212) 272-2000 40,12 Your Portfolio Holdings CASH 8, CASH EQUIVALENTS atmto 114.3434 rtS WW1 01•140 SOWDORY 8w Stew Swat Coy. Ole Mannacn Can* *MI InC0404 Mew YOrk 11201.380 121212734CW FINANCIAL TRUST CO INC sinlwina Pt WWI*/ 29.2003 1140440 Detente, 31.2003 ACC0.80 !WIWI TAXPWA POWER On rde LAST STATT14/4 NO.mber 28. 2003 MSCrien214 241012ant Olanniv YAM ES1114/01 WW1 %COW CURADB TURD (10 L$189929 AMOMI D1COW wawa 110.1) ne CASH BALANCE 380.860 TOTAL CASH 8, CASH EQUIVALENTS 3380.860 FIXED INCOME Government & Agency Obligations mammon SYMMS. MCI ME 0.104121 pm( 11/1612, OWE 90249112 WIRES1 FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI DATED DATE 1001/02 BOOK ENTRY ONLY DUE 02/15/2032 5.937% FACTOR • .40629736 FEDERAL NATIONAL MEG ASSN STRP MTG SERIES 322 CL PO DATED DATE 03.01/02 BOOK ENTRY ONLY DUE 03/01t2032 .00 FAcice . .EKOCKICOO 1% FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT DATED DATE 0607/02 BOOK ENTRY OM, DUE 03/15/2032 1 000% FACTOR .• .38768243 FEDERAL HOME LOAN MTG CORP SERIES 2488 CIASS SO DATED DATE 07/08/02 BOOK ENTRY ONLY DUE 0311512032 8.837% FACTOR . .37011943 31393FGB6 3136FALCH 31392R6U0 313927/32 MRGN MRGN MRGN MRGN 10.456.946 1,971,241 36.766.242 18.506.970 10.4905 85.1406 3.6400 11.2865 1.096.983 1.670.327 1.338.278 2.088.679 27.127 2 16.340 55,235 610.372 20 387,662 1.265.253 55.6410 0.0012 27.4728 60.5767 011 0141/091217 071 1•18 EFTA01320747 0 0 m C in r T9S0SE00-O19-ANGS BEAR STEARNS OFFICE SERVCR4G YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Musson Avenue New York. New York 10179 (212) 272-2000 5 0' 13 Your Portfolio Holdings (continued) Government 8 Agency Obligations (cut:wed) COMPTION Swieoueuse ACCT ME OWNITIY Para rata/ MIA ACCRUED WIDIEST L38WTW NORM Pena CURRENT VELD Am FEDERAL HOME LOAN MTG CORP SERIES 2483 CL St DATED DATE 07/02/02 BOOK ENTRY ONLY DUE 03/15/2032 5.837% FACTOR .37011941 FEDL HOME LOAN MTG CORP.503602 SERIES 223 CUSS PO DATED DATE 12/01/02 BOOK ENTRY de DUE 12/01/2032 FACTOR - .64986351 FEDERAL NATIONAL MTG ASSN Safi 2003-49 CUSS SW DATED DATE 04/30/03 BOOR ENTRY ONLY DUE 0112512033 5.858% FACTOR - .76940195 Total Government& Agency Obligations 3139276E2 3128KVAB5 31393C2C6 MRGN 18294 MRGN 21,350,313 3.249.317 18.701,667 10.6137 79.9844 11.2571 2.266.065 2.598,946 2.106,258 513,172.536 55,389 18.259 5173.352 1,246,218 1,095.544 54.585.069 54.9948 52.0385 Corporate Bonds DESCRIPTION SMIOUCUS, ACM Mt 014arry Ma UMW VALUE AO,IXD penny [STINTED IMMOICONE INN R 111.00E FANNIE MAE CMO/SERIES 2003-13 S RCR4/0 FUR DATED DATE 02/25/03 BOOK ENTRY ONLY DUE 03/2512033 6.858% FACTOR - .74236851 Total Corporatthonds 313921082 AARON 37.1113.425 14.6255 5.428.747 55.428.747 42.425 542.425 2,545,582 52.545.582 46.8908 TOTAL FIXEDINCOME 518.601.283 5215.777 57.130651 CLEARED T) 0t n vartet CANSO MAMMY Ow Sierra Maims Cap. Ora IMt— Caner North MOM. Mr TM 11201.31119 2123 272.1000 FINANOAL TRUST CO INC STAMEN? resew lantrber 29.2003 1100Lrai DeCtratet 31.2003 AD:Ourr war/SER TAXPAYER KINSER Olatie UST ranwral Nitre., 28.2003 OPP 01/01004.12 II an roil EFTA01320748 CLEARED THROC.3.4 nA w40. Onne0 SLILSCLUer -n C rn r Z9SOSEOCIND- ANGS 8 IJ IJ IJ BEAR STURNS OFFICE SERVICING YOUR ACCOUNT Sear. Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 (212) 272-2000 6 of is Your Portfolio Holdings (continued) YOUR TOTAL ACCRUED INTEREST 5215.777 YOUR TOTAL ESTIMATED ANNUAL INCOME 57.130.651 YOUR PRICEDPORTFOLIOHOLDINGS 518.982,143 Repurchase and Reverse Repurchase Transactions with Bear, Steamsand Co. Inc. outstanding as of date of statement PUROOSE/ REPURCPASE FAKING PASPSE PRCEI ACCRUED REPO WPM START DM DAR RATE RAwyµ 'PIMP Ina awn CUSP C(50;11,11011 Raw. Warn Sinn*, Cos. 0*Monocr. Carter Nat PoaSn. Ix* Vert 11201.38SO RIP 272-1003 FINANCIAL TRUST CO INC STATENENT RER5OO Plocernber 29. 2CO3 *SOWN Deserter 31.2003 ?POWs! HAW TmPAYER MASER On Fie LAST STATEvENT November 28.2003 YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN) 10/23103 OPEN 0.000 TOTAL REVERSE REPURCHASETRANSACTIONS TOTAL REPURCHASETRANSACTIONS 'Oa of usenet On SO SO -51.655.000 31393FAF3 SERIES 2530 CI ASS SE 6.2375 02/1502 SO SO 021 01/01104:12:17 COI VIPS EFTA01320749 ii C in r E9SOSEOCIN9- ANGS I8 IJ IJ IJ BEAR STEARNS OFFICE SEMI% YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mackson Avenue New York. New York 10179 (212) 272.2000 7 or ,2 Transaction Detail INVESTMENT ACTIVITY SETTLOIElli TRACE OAIE DATE 0.5.21.9002 DILSOUPTION svueouctse. Munn, frATEME9T PERO° Noktfrair 29.2003 TMOUON Oments 31.2003 9030SIT PUMPER FILM TAXPAVOR MAW US! stmentwr Nowt 29.2003 Pan DENT AMOUNT aata maw 12/04/03 12/01/03 SOLD FANNIE MAE CMOSERIES 2002.82 SK-I0 FLT/ 313921573 .14,242,198 11.43750 1,628,951.45 DUE 10/25/2031 06.931% ACCR. INT. 24.679.06 0987021011332 REF • 2103120146410000 BS AS OF 121018)3 12/05/03 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FALG1 49.948 SIRP MTG SERIES 322 CL PO 0.001 WE 03/01/32 PAW/PAL REDUCTN 12.2543 12/05/03 PRINCIPAL 1601 HOME LOAN MEG CORPOS03602 3128HVAB5 -59.396 SERIES 223 CUSS PO DUE 12/01/32 PRINCWAL REDUCTN 12-15-03 12/05/03 JOURNAL FANNIE MAE C1.40/553ES 200242 31392F573 1 5140 FLT/ 6.931 DUE 10)25/31 WAIST P05111011 1205703 . JOURNAL FANNIE MAE CMO/SERIES 200242 31392F573 1 5140 FUR 6.931 DUE 10/25/31 12/79/03 JOURNAL FANNIE MAE CMO/SERIES 200242 313921573 -1 SSW FUR 6.931 DUE 10/25/31 12/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31392R6U0 -1.480.000 SERIES 471 CAASS 1.000 DUE 03/1932 PRINCIPAL MUM 12.15-03 12/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31392R6U0 -302 SERIES 71 CLASS Yr 1.000 DUE 0 E 3/15/32 PRINCIPN. MUM 12.1 SO] 12/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 3139216E2 -848.004 SERIES 2483 CL SL 5837 DUE orisrs2 P88404PAL REDUCTN12-15-03 CLEARED TMIVJC.I. ITS ,wt O* 2O SLIBSIOCOAY Spa Stoarill Satan Cap. Coe Meut95:2 C•ra. PdaTh Orman New Yen 11201.3259 / 1212729C00 FINANCIAL TRUST CO INC 020 01.01/04:12.17 Colt YNe EFTA01320750 0.fARED TISIOUGH !TS ' man' OM AO SuerScamtv En 8 IJ V.2 IJ $'• 0 -n C rn r P9SOSEOCIA19- ANCIS BEAR STEARNS WEE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 MadTson Avenue New Veit. New York 10179 (212) 272-2000 8 cr 13 Transaction Detail (continued) INVESTMENT ACTIVITY (condnued) SETROJET0 TRADE WE art 110NSALICRi 0002101101 12/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31392T332 -735.030 SERFS 2488 CUSS 50 6.837 DUE 03)15/32 PRINCIPAL REDUCTN 12-1543 Put Reims Trecurbts Co. tileeccein Cone us.? Omar. AM Tort 11201-H39 0121 272.1000 FINANCIAL TRUST CO INC STATEMENT PIT= timentter 29.2003 ToRK4104 ORCRon0er 31.2003 ACCCEPIT WRIER TAXPAYER NASD, On Fie LAST summer kowtow. 28.2033 STWOUCUSIP OUARRTT Pt MR WOOS CRUX APA3Uhl 12/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31393F686 -370.995 SERFS 2526 CUSS Si 5.837 DUE 02/15/32 PRINCIPAL REDUC1N 12-15-03 12/15103 PRINCIPAL FEOL HOME LOAN MEG CORPSSO3E02 3128MB5 SERIES 223 CUSS PO DUE 12/01/32 PRINCIPAL PAYMENT 12.15.03 12/18103 12118/03 BOUGHT 59.396.20 FANNIE MAE CMOISEFTIES 2003-13 31392101(2 37.669.355 14.50000 1462.055.55 S RCR.V0 MR ACCR. INT. 93603.74 DuE 03/25/2033 06.881%. 0987797115332 REF • 2033121846030000 DS AS OF TO 12/1863 SD 12/05/03 Pm COMPUTED TO 12/06/03 12/25/03 PRINCIPAL FEDERAL NATIONAL MEG ASSN 3136FAL01 69.948.10 STRP MPG SERIES 322 CL PO 0.001 DUE 03/01/32 PRINCiPAL PAYMENT 12-25-03 12126/03 PRINCIPAL FANNIE MAE CMO/SER1ES 2003-13 31392/052 .550.930 S RCR-LO FUR 6.801 DUE 03125(33 PRINCIPAL REOUCIN 12-25-03 12/26/03 PRINCIPAL FEDERAL NATIONAL MTG ASSN 31393C2C6 -277180 SERIES 2003.49 CLASS SW 5.881 DUE 01/25/33 PRINCIPAL MOULIN 12.25.03 TOTAL 3.5.555.660.29 51.782.974.81 027 010104 12 II 001 Viii EFTA01320751 171 8 IJ ts7 44 IJ Lit —7 0 0 m C in r S9SOSEOCIN9- ANGS BEAR STEARNS OFTiCE SUCRE YOUR ACCOUNT Bear. Steams & Co. Inc. 383 MaErson Avenue New York, Nov. York 10179 (212) 272-2000 Transaction Detail (continued) INTEREST CLEARED nacucn RS ovate OneiN) Sue.310WIT Um Steers Utterer Cep. one Iteracce Ceett Moen New DY 20 311 272-1010 FINANCIAL TRUST CO INC STATIDAPer PETIO0 Nonmber 29. 2003 motcvaii Oteerober 31.2003 ACCOUNT eleMER TAXPAYee NYC/ on Re twr STATEIMMT November 28. 2003 011E OEMS:PM' 311410440, OMMTIN IMIL DENT AMMAR CALM MOON 12101)03 AVG BM. 124,272RT 0.307 31.77 021 COTE MEREST 1103 12/15/03 FEDERAL HOME LOAN MTG CORP 31392R6W 7=00 31.855.45 SIRES 2471 CLASS Yr DUE 03/1542032 1.003 MEREST PAYMENT 12.15-03 12/15/03 FEDERAL NOME LOAN MTG CORP 3139216E2 5.8370 108.771.75 SUES 2483 CL St DOE 03/152032 5.837 MEREST PAYMENT 12.15-03 12/15/03 FEDERAL HOME LOAN MEG CORP 373927732 6.8370 770,315.08 SERIES 2486 CUSS SO 01E03/15/2032 6.837 MEREST PAYMENT 12-15-03 12/15/03 FEDERAL HOME LOAN MTG CORP 31393FAF3 6.2370 18873.47 SERIES 2530 CLASS SE DUE 07115/2032 6.237 MT RID 11-03 P1012-15-03 REPO P6 I 6.2800 12/15/03 FEDERAL ROME LOAN MEG CORP SERIES 2530 CLASS St 31393FAF3 6.2370 113,730,20 DUE 02/15/202 13237 3P/D INT RO 11.03 12-15-03 REPO P & I 6.2800 12/15/03 FEDERAL HOME LOAN MTG COPP 31393F086 5.8370 53.056.97 SERFS 2526 CLASS SI DUE 02/1502032 5.837 MEREST PAYMENT 1245-03 72/26/03 FANNIE MAE CAC/SERIES 2003-13 31392/D1C2 6.8810 216.008.64 S ACR.90 FLTR WE 03/25/2031 6.881 MEREST PAYMENT 12-2503 12/26/03 FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CLASS SW 31393C2C6 5.8810 93.018.08 DUE 01/25/2033 5.881 MEREST PAYMENT 12-2103 021 01.01404.1317 001 Vile EFTA01320752 0.EARED THROWN rrs WHOLLY 0-c Sunto.11Y rri 8 IJ LaIJ 0 i t C rn r 99SOSEOCIA19- ANGS BEAR STEARNS MICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madson Avenue New Yoh. New York 10179 (212) 272.2030 10 o' Transaction Detail (continued) INTEREST (ccounued) DAZE OESCIPTOO1 12/31/03 AVG BAL 23.71687 3.765 021 OFFICE INTEREST 1203 TOTAL sYmativano Olittarn RATE 09 CM AMOUNT Bow Sawn Season Cap Clne1Aetrtmeth Caw WI. erceUr. Pam Yen 112O14959 12121 272.1020 FINANCIAL TRUST CO INC STATBAEnrr PEROO Neyernbe 29. 2003 T1000:4 Corte 31.2003 ACCOUNT 'AMBER TAXPAYER wuelAR On Fie Ler STATEAWNT NOWATto 28.2033 CISCO Aare 76.89 346.89 5745 161.29 REPURCHASEAND REVERSE REPURCHASE TRANSACTIONS with Bear,Steams& Co. Inc. SETTTOOTT T ax DATE DATE DIAMACTOON OESCR•11011 SAMOLOSP 12/04103 JOURNAL ADP CO 8888888 FUM-PR F3383167011 8.625 DUE 12/31/49 207442002 ROM AWAIT 1.800030.00 CREW AMOUNT 12,09/03 JOURNAL ADP CD 8888888 3.989.000.00 F111.4.PR F2753181010 8.625 DUE 12/31(49 2074420692 12/09,03 JOURNAL ADP CD 8888888 3,989,000.00 FIT/APR F27531131012 8.625 DUE 12/31/49 2074420692 12/09/03 JOURNAL ADP CD 8888888 3.989.030.03 FITMOR F2753181010 8.625 DUE 1201/49 2074420692 12.09/03 JOURNAL ADP CD 8888888 4.208000.00 FITM4R F275318101R 8.625 DUE 12/31/49 2074420692 12/09/03 MEREST ADP CD 8888888 2,177.33 WE 1201/2049 8,625 F11).4-PR F2753181010 2074420692 11122 01101/01:12:17 201 EFTA01320753 Fn I8 IJ 1.2 IJ -n C rn r L9S0SE00- O19- ANGS BEAR STEARNS OFFICE SERVIC/VG YOUR ACCOUNT Bear. Steams & CO. Inc. 383 1.40060n Avenue New York. New York 10179 (212) 272.2000 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) 0-FAILSO rieta.r.sr rrs vnifyav Oman SIALSrmotv ear Stan Secultes Cap. De Motets." Cents NMI, &WO" Ma, Vert 11201.3651 alb 272.1000 FINANCIAL TRUST CO INC STATEUE4T PERM> Names 29.2003 nyveu0.4 OR:mew 31, 2053 ACCCr.isa mAerit TwArcst mAsicet On Fie LAST ST/S[5nm November 28. 2003 3271102.1 Moe OAT! DATE liwySiLmen Of SOVIIION Sitilet20.21, OW11410Y cf 07 NA3usi Mon Mwa 12/10103 JOURNAL ADP CD 8888888 4,208,000.00 FITM.PR F27$318101$ 8.625 CUE 1201/49 2074420692 4.208030.03 8888888 1 2110103 JOURNAL ADP CD FITMPR F2753181011 20 8.672u5 2049122/31/49 12/10/03 .0URNAL ADP CD 8888888 4.203.000.00 FTTMPR F275318101U 8.625 DUE 12/31/49 2074420692 12/10/03 JOURNAL ADP CD 8888888 4.240.000.00 tome /275318101V 8.625 DUE 12/31/49 2074420692 12/10/03 INTEREST ADP CD 8888888 118.06 Out 12/31/2049 8.625 FIDA-PR F2753181015 2074420692 12/17/03 JOURNAL ADP CO 8888888 µ 1,800,000,00 FITIA-PR F3343187013 8.625 DUE 12/31/49 2074420692 1 2/1 7/03 JOURNAL ADP CO 8888888 4.248000.00 FITM.PR F2753181016 8.825 CUE 12/31/49 2074420692 12/17/03 JOURNAL ADP CD 8888888 4240.00000 Fine-Pe F2753181019 8.625 WE 12/31/49 2074420692 12/17/03 JOURNAL ACP CD 8688888 4.240.000.00 nol•PR F275318101%9 625 DUE 12)31149 2674420692 027 01101/01:Itli Vele EFTA01320754 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Manson Avenue Now York. New York 10179 /212) 272.2000 12 a -/ CLEARED TeOlOtiOn 113 *KW, WACO SLAISIOLUIV W. gene Stone W. One MOnacn Cote hot Boon" Mn YeA 11201.311,10 W21272-100) FINANCIAL TRUST CO PIC STATOENT PEFOCO PlOvernbet 29, 2003 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS SITRDIDer MAO( (continued) 114C4,314 Dwente 31.2001 AOCOUNT MASER werxesi Tut wwt On Fie LAT summer Now/to 26.2003 DATE 11tAletliON CESCRIPDON SnASC&X4sp OUMIITY Min WOUPO CAJON M10011 12/17/03 JOURNAL ADP CD 8888888 6,040,000.00 FIE11-PR F275318101c 8.625 OA 12/31/49 2074420692 12/17/03 INTEREST ADP CO 8&88888 654.50 DUE 12/31/2049 8.625 FITL&PR F3183167013 -n 12/17703 INTEREST 2074420692 ADP CD 8888888 837.40 OM 12/31/2049 6.625 111/4-PR 12753181011N C rn 12/19/03 JOURNAL 2074420692 ADP CD FEM-PR 12753181014 8.625 DUE 12/31/49 8888888 980000.03 2074420692 12/19/03 JOURNAL ADP CD 8888888 0040030.00 FTTMPR F2753181010 8.525 DUE 1231/49 2074420692 12/19/03 INTEREST ADP CD 8888888 340.59 r DUE 12/31/2049 8.625 FIDSPR F2753181014 207442CE 2 TOTAL 5-29,705.010.00 532.718.127.88 MISCELLANEOUS 89S0SE00- O19- ANCIS I8 IJ V.) O IaJ DArt PACIMAY rwaSACTON OCICR•110“ Na! MaXieT CREDO NaP/1 12/08/03 JOURNAL FITS RIM 114,939.00 091 OW104.12.17 001 V010 EFTA01320755 0 -n C rn r 69SOSEOCIA19- ANGS BEAR STEARNS OFFiCE SEAM% YOUR ACCOUNT Bear. Sten & Co. Inc. 363 Madam Avenue New York, New Yak 10179 (212) 272-2000 13 au Transaction Detail (continued) MISCELLANEOUS (contireed) am /CMAY 11WCACTION DESCKPIXN COB NAOMI OEM ANIOUM 12/11/03 IOURNAL TOTAL NOV.03 SPEC CLEARING FEES 50.00 5.50.00 5114.939.00 Your messages Excess SIPC Account Protection Update Bear. Stearns Securities Corp. flitSSC). a member of the Securities Investor Protection Corporation rsipm. provides account protection for the net equity of a customers funds and securities positions. SIPC provides $500,000 of primary net equity protection. including 5100.000 for claims for cash (-SIPC Coverage). Visit mwr.sipc.org for mere information about SIPC Coverage. BSSC provides the additional protection (*Excess SIP(*) through a commercial insurer. Effective February 16. 2004. the convnercial insurer for Excess SIPC will change to Customer AsSet Protection Company (CAPCO), a licensed New York insurance company. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to Its securities customers, but does not apply to losses from the rise or fall in the market value of investments or to SIPC ineligible assets such as options, futures, foreign exchange transactions. or any investment contracts that are not registered as securities. End of Statomen 027 CLANK° ”f1014.04 vocur Own.") SIASOARY Dm. Sere Senstin Cap. On ilentech Wow Nath ender% POW nrk 11201-MS9 121212724CM FINANCIAL TRUST CO INC rflnwc PERO° Ucierrect 29. .2003 7)4,10.4.4 Decb.150, 31.2003 ACCOLNT romea TAxpAyei r.....erot On Ile LAST 8TATE‘lev7 123/ember 28. 2003 01.01,04 12,17 COI '4/ EFTA01320756 CEASED /NAOMI ES %MOLLY ow. SLOSCWIT -n C in r OLSOSEOCIA19- ANGS IS IJ 41 IJ IJ IJ BEAR STEARNS CfnCE SERVICING YOUR ACCOUNT Be.. Steams & Co. Inc. 383 Watson Avenue New Yoh. New York 10179 (212) 272.2000 ACCOUNT EXECUTIVE GNIA4 GENT BOND VISO OUR WEBSrrE worm.tearstearns.corn What's In This Statement IIIIIIIIIIIIIIIII Financial Summary 3 FINANCIAL TRUST CO INC Your Portfolio Holdings 4 GO JEFFREY EPSTEIN Transaction Detail 7 6100 RED HOOK QUARTER STE 83 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio ado basin s200.4.44 TOTAL VALUE OF SECURITIES THIS PERIM 15.453.004 5450.076 LONG ACCRUED INTEREST 149.256 ni" Income NET CREDIT BALANCE 28D444 NET EQUITY THIS PERIOD 516.153.006 I S16.07SAIM • Current menet glue 815.882,704 888 Lau staternerel markm value NET EQUITY LAST STATEMENT 16,731,773 cRme,t SINCE LAST STATEMENT -849.069 There are no 'Stop tees' orders or other pending buy or sell open orders on rile for your account. SOM. steams sunray; C@ One utectem Cow MAT ertoMp. Nes York 11201.3869 0 121 272.1oto FINANCML TRUST CO INC avatmeer MOOD Norembre 1.2003 THROLON NOANTIE01 21 2003 ACCOVAI WISER TASTER mad On Fie LAST STATEMENT Odoba 31. 2003 ars TIE summary is la &Namara, Anna ow. II If am Memel Haw sconne. TEA nen os 043.0d be reshed for yea naves see nevem se sr evolve aftnuenn 027 112903'.0613 COI EFTA01320757 cliARCO OUCH ITS wi.O.LY °ANC) SLAIODWre her. Some Omni's Cap. One 16:oton, Cater *Oh lbecityn. Na' at 11201.3659 ROO 2g1000 FINANCIAL TRUST CO INC 2&2 0 -n C in z -H r ILSOSEOCIN9- ANGS 8 b.) IJ b.) 0", STATEMENT BACKER IS PRINTED ON THIS PAGE VOW EFTA01320758 BEAR STEARNS MICE SF_RviCaNG YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madeon Avenue Nev.Yak. New York 10179 (212) 272-2000 3 v2 Cash Flow Analysis INS Patio Income Summary This eEegO cw io tett OpeningBalance 5450.076.34 Gent. Agency Int. 552.396.94 8.932.715.42 Cap. Bone Int. 85.430.29 1.162.667.05 Securities SolO 101.312.656.87 Credit Balance Int. 51.68 1.079.39 Di/Wends/Interest 637.878.91 Reverse Repurchase Int 2.398.77 22.35&50 Miscellaneous 204.899.00 Total 5640.277.68 510118.817.46 Amur% Credited 5102,155,234.78 Bond Purchase Int. 0.00 -50.156.82 -n Semites Bauchi Miscellaneous -102.136.500.00 -188.367.00 Repurchase In. Evp. 0.00 -24.344.52 C rn Amount Debited Net Cash Activity 5.102.324.867.00 -169.632.22 Portfolio Composition Cash1Cash EquNatent 280.444 Closing Balance 5280.444.12 Feed Income 15.453.004 Total 515.733.448 r ZLSOSEOCIN9- ANGS I8 b.) V.) IaJ Cash Balance Summary CS'S CLOSNO Mare^ 450,076 34 280.444.12 Net CashEtalance 5450,075.34 5280.444.12 CLEARED DMUS, SS SOLO' SSD SUIRMARY Sw. Ss. Seim Os One L'Asifth Cos 'AS SSA. Net VS 11201-31dfl 12123 212.1003 FRANCK TRUST CO INC STATE'S/3 AIRCO Flawnter 1. 2003 'SOUGH Ncrembei 29.2003 AcCOLs TAMES TAOAVER rated On Fie LAST nines October 31.2003 Your Portfolio Allocation Cash & Eqtrwaksnc 1% Sued Scorns 99% 64,N0t4 ATOM One OM`. bar,* NC, POI sox t. tN alce.O4a yeetaintip 4 Ce0.0 Tan Te 'Moine rate val. it Intsa >stole 021 it7e030.1 43 CO1 1118 EFTA01320759 CLEARED TKAGJOH ITS maLY awe Susscwrf -n C rn r ELSOSE00-019-ANGS I8 b.) IJ IJ BEAR STEARNS OFFICE SETMCING YOUR ACCOUNT Bear. Szearns & Co. Inc. 383 Medium Avenue New York New Yoh 10179 (212) 272-2CCO 4 a • t Your Portfolio Holdings CASH & CASH EQUIVALENTS &SCRIM/. CASH BALANCE TOTAL CASH & CASH EQUIVALENTS $280.444 S1A9Il.CLSW MAWS ESTAM.TED CIAREsa OJANTin, PRICE %mat INN04.•(CUE tern It) 280.444 FIXED INCOME Government & Agency Obligations DESOVPTON SEVOCUCUSM ACCT TYPE CRUNIITY Pba MART VkUE ACCPIED ertiltEST ESTIMATED 41118/81.11COLE CLIMEME MEND nu FEDERAL HOME LOAN MTG CORP 31393FG86 MRGN 10,827.941 10.5177 1.138.856 22.991 636,683 55.9055 SERFS 2526 MASS SI DATED DATE 10/01/02 BOOK ENTRY ONLY DUE 02/15/2032 SAX" FACTC0 - .42071211 FEDERAL NATIONAL MTG ASSN 3136FAL01 MRGN 2.041,189 83.3750 1.701.841 2 20 0.0012 STRIP M SERIES 322 CL P0 DATED DATE 03/01102 BOOK ENTRY ONLY DUE 03/01/2032 .001% FACTOR - 1,00000000 FEDERAL HOME LOAN MTG CORP 31392R6U0 MRGN 38228,544 3.6983 1,413,715 13,800 382.265 27.0397 SUES 2471 CLASS YT DATED 011E 06/07/03 BOOK ENTRY ONLY DUE 03/15=2 1.000% FACTOR - .38226545 FEDERAL HOME LOAN MTG CORP 313927/32 MRGN 19,241.000 11.3871 2.190,993 47.800 1,323.781 60.4182 SERIES 2488 CLASS 50 DATED DATE 07)06)02 BOOK MIRY ONLY OUE03152032 6.880% FACTOR - .38482003 027 T1/20.0301843 OD, 8.111 Ser. Sams Scones Co". Ox MOncecn Cm•ma kw" BrccOpt Ike Volt 11201.3859 0721 272.1080 FINANCIAL TRUST CO INC STATEMENT PER100 Plaostnta 1.2003 n.R0u0.1 Nuance 28.2003 A^ODuNT NAM= TA9Arriit *sus= LAST STATINDENT Ocoee 31, 2003 EFTA01320760 0 ii C in r VLSOSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 medium Avenue New Ycrk. New York 10179 (212) 272.2000 Sc'" CLEMIO fl tin 4r$ WittLY OMCD SUSSOWCY int San Slane Corp. Ore Morsetecn Orin ONO Itootryn. Nat IV% 11201.31M 212) 272.1000 FINANCIAL TRUST CO INC STATEMENT PER)00 ricsember 1.2003 loiROLKNI Ntreoutorr 28.2003 Your Portfolio Holdings (Continued) Government G Agency Obligations (conlinU838 DESCRIPOON SYMIOUCUSI• ICCI nsE OLUNTITT PIECE MAIM VALUE ACCRIXD INTEREST WONT NuIMER TRINCIER MAGER On Fae 1.LST SUMMIT OCtC 31.2003 unarm cuteurr MOUE WWI IRO ny FEDERAL HOME LOAN MTG CORP SERIES 2483 a. Si. DATED DATE 07/02/02 BOOK ENTRY ONLY DUE 03/15/2032 5.8808 FACTOR - .38482002 FEDI. HOME LOAN MTG CORD/503602 SERIES 223 CLASS PO DATED DATE 12/01/02 BOOK ENTRY ONLY DUE 12/01/2032 FACTOR . .66174275 FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CUSS SW DA= DATE 04/3403 BOOK ENTRY ONLY DUE 01/25/2033 5.881% FACTOR . .78082180 Total Government& Agency Obligations 31392T6E2 3128KVA85 31393C2C6 MRGN MRGN MRGN 22,198,317 3.300,713 18.979.247 10.6633 77.5781 10.6704 2.367.071 2.566,838 2.026.866 S13.406.180 47.134 9.302 5141.029 1.305,261 1.116.170 14.764.180 55.1425 55.0688 Corporate Bonds cites:Mei 51410110.6IP OCC1 OPE MINIM ME IMO! VA LI ACCRIAD POIRIES1 ESTIVATED MOM INOUE CLIMENT HILO tra FANNIE WE GAO/SERIES 2002-82 5K-VD FLTR DATED DATE 1802)02 BOOB ENINI ONLY DuE TO/25/2031 6.931% FACTOR - .56968794 Total Consorategonds 31392F573 MRGN 14.242.197 14.3715 2.046.824 52.046.824 8.227 S8,227 987.127 5987.127 48.2273 TOTAL FIXED INCOME $15.453.004 $149.256 15,751.307 027 1/ /211,33 00 43 DOI VIII EFTA01320761 =ARCO THROWN ITS WHOLLY OwNE0 EUSSOARr 0 0 1 1 C in r SLSOSE00- 019- ANGS 8 IJ IJ IJ --3 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 MediUm Avenue New York. New York 10179 (212) 272-2000 6 Your Portfolio Holdings (continued) YOUR TOTAL ACCRUED INTEREST 5149.256 YOUR TOTAL ESTIMATED ANNUAL INCOME 55.751.307 YOUR PRICEDPORTFOLIOHOLDINOS $15.733.448 Repurchase and Reverse Repurchase Transactions with Bear, Steamsand Co.Inc. outstanding as of date of statement PURCHASE/ RCPUROPSE PPM PURCHASE PPM aRUt0 ROO COWIN 51.4AT DATE 031E RATE MCP% POIRESP (Fka AMPOO) CUSP DESCRIPTCN YOU PROVIDED FEDERAL HOME LOAN MTG CORP (MARGIN) 10/23/03 OPEN 0.000 TOTAL REVERSE REPURCHASE TRANSACTIONS TOTAL REPURCHASE TRANSACTIONS SO As el nisei as Y. Warfel Se0ats Cep Cose MenteCh COW Seep Inx0p. Fes Ten 112013059 P12I 2124020 FINANCIAL TRUST CO INC STATEMENT PIRICO Nweenba 1.2003 THROUGH Navernbit 28.2003 si:COuvr MEW OSAKA MAW On Fie usT sueraarrn October 31.2033 .51.655.000 31393FAF3 SERIES 2530 CLASS SE 6280002/15132 SO SO SO 027 11/29C0:011:43 001 PPS EFTA01320762 En 8 b.) IJ .„ b.) 00 0 in r 9505£00- IN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Tat New York 10179 (212) 272.2000 7 • Transaction Detail INVESTMENT ACTIVITY CLEARED Tart003n ITS ~LIP OWNED SUESOMRY Bee. Storrs Sacuiler Gera Ora hinvirch Reno 1100 Orralat ret rot 11201.3359 I218 2/2-1030 FINANCIAL TRUST CO INC STATENENT FiN00 13:Avnite 1, 2003 THROUGH »~nter 28.2003 Arent« TILMSER TAXPAYER MAW On IMe LAST STATEMENT October 31.2003 SIT1104IN1 not OM DAN IRANSACI1ON OGICRINI011 STULCULNIS• OUNclov Pact OCBR AMOUNT MDR FACUMr 11/07/03 PRINCIPAL FEDERAL NATIONAL MIG ASSN 3136FALCH -100.887 STRP MIG SERIES 322 CI. PO O 0 CO1 DUE 3/01/32 PNINCIML REDUCTN 11.2543 11/07)03 PRINCIPAL net HOME LOAN IATG CORP#S03602 312132IVA85 41.871 ~S 223 CUM PO DUE 12/01132 PRINCIPAL REDUCIN 11-15-03 11113/03 10t16/03 CANCEL SELL FNMA-30YR(FN1AMGTO 51198784 40.000.000 100.12500 40.050.000.00 SEN.11/03 DUE 11401/2033 05.500% 0987280211332 REF • 2003101646340000 BS AS OF 10/1643 TO CM PRE1nOuS SELL 11/13/03 10)07/03 BOUGHT FI424.440YR(TNMA)GD 52498784 40.000.000 100.59375 40.237.500.00 SETT.11/03 DUE 11/01/2033 05.500% 0987280211332 REF • 2C03100746180020 BS 11/1103 10/15/03 SOLD FNMA-30YR(FNMAXTD 5N98784 -40.000.000 100.12500 40.050.000.00 SETT.11/03 DUE 11/0112033 06.500% 09872E4211332 REF • 2003101646340000 BS 11/13/03 10/07/03 CANCEL BUY FNMA-30YINFIRINCTD 5N98784 .40,000.000 100.59375 40.237.500.00 SETT11/03 DUE 11/01/2033 05.500% 0987280211332 REF # 20031007441~0 BS AS OF 10137/03 TO at PREVIOUS BUY 11/17/03 PRINCIPAL FEDERAL HOME LOAN MIG CORP 313928600 -1.910.000 SERIES 2471 CLASS YT 1 COO CUE 03/15/32 PINNOPAL REOUCiN 11.15-03 021 11~43 031 VIII EFTA01320763 En b.) IJ b.) 0 -n C rn r LLSOSEOCIND- ANGS BEAR STEARNS OFFICE SERVICE YOUR ACCOUNT Bear. Steams b Co. Inc. 383 Mackson Avenue New York. New York 10179 (212) 272-2000 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SE1TUNENT IMM OAIF EWE mmeacncei DESCIMM* 11/17103 PRINCIPAL FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1.000 DUE 03/15/32 PRINCIPAL REDUCTN 11-15-03 11/17103 PRINCIPAL FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL 5.880 OLE 03115132 PRISCIPAL REDUCIN 11.15-03 11/1703 PRINCIPAL FEDERAL HOME LOAN MEG CORP SERIES 2483 a. Si. S.880 ODE 03/15032 PRINCIPAL REDUCIN 11-1803 11/17103 PRINCIPAL FEDERAL HOME LOAN MTG CORP SERFS 2488 MASS SD 8880 DUE 03115/32 PRINCIPAL MDUCTN 11-15-03 11/17/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP SIRES 2526 CLASS 54 5.810 DUE 03115/32 PRINCIPAL REDUCIN 11.15-03 11/17/03 PRINCIPAL FEDL HOME LOAN MTG CORP/503602 SERFS 223 CLASS PO ME 1201/32 PRINCIPAL PAYMENT 11.15-03 11/25/03 PRINCIPAL FEDERAL NATIONAL MTG ASSN STRIP MEG SERIES 322 CL PO 0001 OM 03/01/32 PRINCPAL PAYMENT 11.25-03 11/25/03 PRINCIPAL FANNIE WE CATO/SERIES 2002-82 SK-DO FUR 6.931 DUE 10/25/31 PRtiCPAL REDUCIN 11-25.03 REARED 1701020n us wHOLLY 0•4220 Suldmany eme.Smtreg Swann% Cap. One Motet), Cam NMI &DAM Km Yon 112014859 C212:1272-1C03 FMANCIAL TRUST CO INC STATES" PMCO NO.C.,04/ 1. 7003 n a0u071 NcamMe 28. 2033 ACCOusa Main TAXPAYER twos On me LOST STAMW.7 netnNer 31. 2203 SYMIOUCUSP COMM ACE CES2 µi0UM CIMX1 220.20 31392R6U0 -818 31392TITE2 -1,109,000 3139216E2 -620 313927/32 -961.794 31393FGEM -527.288 3128HVA85 61.87110 3136FAL01 100887.00 31392F573 -550,926 027 11/2102MOM3 CM Vele EFTA01320764 CLUJ= ninctrai ITS ARRAY OARED SLIPLORRY En I8 IJ IJ --J C -n C in r 8LSOSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING ICOR ACCOM Beer. Stearns & Co. Inc. 383 MacNal Avenue New York. New York 10179 (212) 272-2000 9 a-2 Transaction Detail (Continued) INVESTMENT ACTIVITY (o3nUover8 &v. Sten SeCuRltet Cap. ere wrote*. Cam 11(M fittonpt Nit Tat 11201.3659 R121 21Z.10:0 FINANCIAL TRUST CO INC STATIMIPI PIRKO 'Jaw*. 1.2003 1NROuCp. NCEfle 28.2003 AOSCOET TIMM rAwmyr, WESER On nlp LAST summer °actor 31. 2003 SMI04Pri utoot DAR DATE MAXSACPT.1. DISCRW311 SERSOUT.USP RAPIER. PRICE CURT WOW CRID11 ACNE 11/25/03 PRINCIPAL FEDERAL NATIONAL MTG ASSN 31393C2C6 -354.146 SERIES 2003-49 CUSS SW 5.881 DUE 01/25133 PRNWAL RECOCTN 11-25-03 TOTAL S-80.287.60000 580.450.258.10 INTEREST DATE OESCR•tali stwoouCuSw WWITTY RATE RR DEW PAMIR MIXT Name 11/03/03 AVG 8AL 216.567RT 0.358 61.68 021 OFFICE MEREST 1003 11/17103 FEDERAL HOME LOAN MTG CORP 31392R6U0 1.0000 33.447.9.3 SERIES 2471 CUSS YT WE 03/15/2032 1.000 INTEREST PAYWD/f 11-15-03 11/17.03 FEDERAL NOME LOAN MTG CORP 31392T6E2 5.8800 114,20589 SERIES 2483 CL St DUE 03/15/2032 5.880 MEREST PAYMD/T 11.15.03 11/17/03 FEDERAL HOME LOAN MTG CORP 313921132 6.8800 115829.36 SERIES 2468 CLASS SO WE 03/192032 6.680 MEREST PAYMEN1 11-15-03 11(17/03 FEDERAL HOME LOAN MTG CORP 31393FAF3 6.2800 19.26874 SERIES 2530 CLASS SE DUE 02n5/2032 6.280 IvT RID 1003 P/0 11.15-03 REPO P 6I 6,2800 11/17/03 FEDERAL HOME LOAN MTG CORP 31393FAF3 52800 119288.51 SEWS 2530 CLASS SE DUE 02/192032 6.280 NT FvD 10-03 F011.15-03 REPO P &I 6.2800 02' 11/2111003AR43 01)1 VMS EFTA01320765 rn 8 b.) IJ b.) —a BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beet. Steam & Co. Inc. 383 AhreciOn Avenue New York, New York 10179 (212) 272-2000 can= THROWN OS LosOLLY OviNCD SuITSCW2Y M. Sun Senores Carp Ors liersatedi Cetus MAP &Ser. Nai olc 20 3439 1212) 272-coo FINANCIAL TRUST CO INC 10 ao Transaction Detail (continued) INTEREST (continued) STATEsatiT PIRO:. Haymow 1.2003 21103er.m No ember 28. 2003 N0CC(.1O YIABER TAXPAYER walk LAST STATEWeNT Octet*, 31.2003 out ctscatnot 57148o u0.6• Cuomo AV( no DEW AsIOUYI cataT mom 11/17/03 FEDERAL HOME LOAN M1G CORP 31393F686 5.8800 55,64062 C) SERIES 2526 CUSS SI DUE 02/15/2032 5.880 MEREST PAYMENT 11-15-03 0 11(25/03 FANNIE MAE CMO/SEMES 2002-82 31392FS73 SK-10 FLTR 6.9310 85.43029 OM 10/25/2031 6.931 PITERST PAYMENT 11-25-03 k l 11125)03 FEDERAL NATIONAL MTG ASSN 31393C2C6 SERIES 2003-49 CLASS SW 5.8810 94.733.62 CAE 01125/2033 5.891 C in z MEREST PAYMENT 11.25.03 TOTAL 5637.876.91 REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Steams& Co.ns. r 6LSOSEOCIN9- ANGS SCITIDADIT TRIM an DATE TRISSACTION DESOSPTIN SYLISCOCUSIL ClUARMY DEW POSDLINT CSEOTT 11/05/03 JOURNAL ADP CD 8888888 3.000.000,00 FILM-PR F275318101C 8.625 CUE 12/31/49 2074420692 11105/03 .101/M441. ADP CD 8888888 3000.00000 Frn.449 F275318101D 8.625 CUE 12131/49 2074420692 11/05/03 13URNAL ADP CD FRM-PR F275318101E 8.625 DUE 12/31/49 2074420692 8888888 3,000,000.00 11/05/03 /DORSAL ADP CO 8888888 3.450030.00 FITM-PR F275318101F 8.825 DUE 12/31/49 2074420892 037 11/20103X0t 43 001 ISIS EFTA01320766 ClEAREO RARCAP3m ITS vAlCur OARED SuSSOARY rn 8 b.) V.2 IJ -J 1.7 0 -n C in r OSSOSE00-019-ANGS BEAR STEARNS OffICE SERVICING l'OUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New Yak 10' 7g (212) 272.2000 11 a •: Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASETRANSACTIONS (continued) SETROADO Mel DAR an TRAHSACTAR DESCRIPION 11/05/03 INTEREST AOP CD 8888888 913.33 DUE 12/31/2049 8.625 411/4.99 F275318101C 2074420692 STUTIOUCUS9 Se-.9m SARATOS Cap. Coe Matscr, Caw Nath OrtotRA Mn Tort 112014169 12121272.E FINANCIAL TRUST CO INC STATEIPEr.7 PER100 Womb, 1. 2003 niROUOR Ikreembx 28.2003 ACCOANT KAMER TAXPAYER RAPIER On He IAET STATERERT Outer 31.2003 DONT ACM CRUX! PACONI 11/18/03 JOURNAL AOP CD 8888888 3.45=03.00 FIIM-PR F2753181016 8.625 DUE 12/31/49 2074420692 11/18/03 JOURNAL ADP CD 8888888 3,450,000.00 F8M-PR F27531810114 8.625 DUE 12181/49 2074420682 11/18/03 JOURNAL ADP CD 8888888 3.450.000.00 F81114717 F2753181011 8.625 DUE 12/31/49 2074420692 11/18/03 JOURNAL ADP CD 8888888 3.980.000.00 FIIMJR F2753181011 8.625 DUE 12/31/49 2074420692 11/18/03 INTEREST ADP CD 8888888 1.282.12 Out 12/31/2049 8.52 5 FTDA.PR F2753181016 2074420692 11120/03 JOURNAL ADP CO 13888888 3.980.000.00 FITIA41* F2753181019 8.625 DUE 12/31/49 2074420692 11/20103 JOURNAL ADP CD 8888888 3.980.000.00 FRIA.PR F2753181011 8.525 DUE 12/31/49 2074420692 112003 JOURNAL ADP CD 8888888 3.980.000.00 Fl1M-PR F275318101M 8.625 DUE 12/31/49 2074420692 027 11/29.3948:43 001 VPt9 EFTA01320767 0 -n C rn z r ISSOSE00- 019- ANGS I8 b.) V.) b.) —J BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue Now York, NOW York 10179 (212) 272.2000 12 or it Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (mums) clan *M000.4 Rs voncrue OAI,EO 91.40vIce Oar. kern Secunle3 Cue. Cne Meeottee Meow ilenA &our( toe Tv% 11201(3859 (212) 212(11:00 FINANCIAL TRUST CO INC STATFIREYT PERIOD NOkt•TH:tf 1, 2003 THROUGH 1(01tettf 28.2023 eeCOina nuweix Tonne mann On Re le' STATEN/le °CORTI 31.2003 SIIIIIMENT 1140E Mn DATE tentsacroN OISUIPTEW4 Sflake/02SIP OUNITY Wen mo0UNI CXIDII ) W 11/20103 JOURNAL ADP CD 8888888 3.989.000.00 FIDA.PR F2763181011/ 8.625 WE 12131/49 2074420692 11/20103 INTEREST ADP CO 8888888 223.32 DUE 12,31/2049 8.625 FIlM-PR F27531810D4 2074420692 TOTAL S-21.849.000.00 S20,862,398.77 MISCELLANEOUS eue "COM TRAIGOCIEN INSCRIPTIO.4 CEIrt AMMO CROW MOM 11/05/03 JOURNAL 'FIG mm 17.00 11/12103 JOURNAL FNMA-30YR(FNMA)GID 187.500.00 SETTy 1/03 5.500 DUE 11/01/33 MILS NET 11/12103 11117/03 JOURNAL FRG NEM 204.699.00 11/24/03 JOURNAL OCT 03 SPEC CLEARING FEES 850.00 TOTAL S-189.367.00 5204,699.00 STOPI End of Statement 027 11/2}03,3&43 OM WWI EFTA01320768 ITI 8 IJ IJ 47 b.) —J 0 0 m C in r ZSSOSE00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Grams & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272-2000 0.EAREO I sn WHOLLY Omen StieSOARY le• Sign Scoria Corp Ore lioniath C— lam tocitin. Nei Yak 112014SS9 In) 272-1003 FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND VENT OUR WEBSITE evrotcarstearns.corn What's In This Statement Financial Summary 3 IIIIIIIIIIIIIIIII 111 FINANCIAL TRUST CO INC STAMM?? PERCO MIROVS.4 ACCOUNT wide, TA.V.AWA Media IAST SrATVADIT Quota 1.2003 Oclober 31.2003 On Fle SepU)Mber 30.2003 Your Portfolio Holdings 4 VC/JEFFREY EPSTEIN Transaction Detail 7 6100 RED HOOK QUARTER Trades Not Yet Settled 14 STE 83 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio Case& EcAregem TOTAL vAWE OF SECURMES THIS PERIOD 16.075.464 sS99 452"76 LONG ACCRUED INTEREST 206.233 ran 616076,464 hccme $13.446.661 NET CREDIT EIN AKE 450.076 Omen maker vale HIT ECHATY THIS PERK* 516.731,773 MI last staternmrs ounce: Niue NET EQUITY LAST STATEMENT 13.670.919 CHANGE SINCE LIST STATEMENT 3.060.954 There are no 'Stop Loss' orders cc other pending buy or sell open ceders on file for pr account. tummy • Ice wienneceni P•900/1 PM/. It Is nd turas n a lax 4.7011Tent. Lis Utensil stool t4 ream tr you, non. See Tile Ode I& near* Minim 027 110103;13' Ye 001 1416 EFTA01320769 CLEARED Twa0Q3n ITS WI. UY OANEO 8u194:44.0 &dr.SOWS Setultin cep. Ors WNW, OW* Math again MIS net 112014859 RIZ) 2,2.1CCO FINANCIAL TRUST CO INC 2 on. 0 z ii C in z -H r ESSOSE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE OZI 11.01/03:1398 OD1 q10 EFTA01320770 In 8 IJ IJ 47 IJ -a BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 manisen Avant New York. NOW York 10179 (212) 272-2003 3 a•4 Cash Flow Analysis Ma Kew Income Summary Na NW* 'FIAR TO OAlt OpeningBalance Seculties Sold Dhidendsarcerest Arescellaneous 5992.05 158,614,157.53 679.297.41 1214.062.50 Govt. Agency Int. Corp. Bond Int. Credit Balance Int. Reverse Repurchase Int 589.443.56 89,757.59 96.26 1.538.03 8.380.318.48 1.077.236.76 1.027.71 19.956.83 0 Amount Credited $160.507.517.44 Total Bond purchase Int S680,1335.44 0.00 59,478,539.78 -50,156.82 -n Securities Bougll lAscellanetus -159,821,725.15 .236.708.00 Repurchase Int. bp. 0.00 -24.344.52 C rn Amount Debited Net Cash Mikity 5.160.058.433.15 449,084.29 Portfolio Composition CashCash Eqmalent 450.076 Closing Balance 5450.078.34 Fixed Income 16.075.464 Total S16 525 540 r PHOSE00- 019- ANGS Cash Balance Summary COEXNG CLOSNG 1i7r0ir 992.05 450.076.34 NOtC3f./IB,::WW11 5992.05 4450.076.34 CLEARED ThROuCiri rrs ?Mal OWKED StAISPORY Sew. Stems Semite% Cap. Ore- Care Pearth ivotp8 Nee Tot 1/201.3859 12120 222.1Cco FINANCIAL TRUST CO INC 82A2119887 PERCO WOO 1.2003 netouem Cclatf 31.2003 ACCCINT MINIM TAXPAYER MAWR On File UST STATEWENT Semester 30.2003 Your Portfolio Allocation Cash a Eepszdent 2% L. fixed tame 98% tawati pole.* Osees Rd taws andw site! men* nun Tha 4144.001 Yo.- tn0o 4 el•Irsd %ye Pt &W.'s* natal .We to Wdoro 027 1.r31.03 11 39 COI WIO EFTA01320771 0 -n in r S8SOSEOCIND- ANGS I8 IJ IJ --J BEAR STEARNS OFFICE SERIACING HX/R ACCOUNT Bear. Steams 5 Co. Inc. 383 Madison Arena New York New York 10179 (212) 272-2000 4 a,4 Your Portfolio Holdings CASH & CASH EQUIVALENTS 01 SCRIMS SMASS-CYMP ouearrt PACE MARC VOLE (SWAM 0 INCA MOVE OR M(' MO IW ACCCUNT LAMER TAMMY'S PiVUSER LAST STA1TAMAC SAW/Aber 30, 2003 CASH BALANCE 450.076 TOTAL CASH 6 CASH EQUIVALENTS 5450,076 FIXED INCOME Government & Agency Obligations OISCRfliCay 511.90./0.4.1? ACC, CSASSW FACE WIWI UWE ACCRUID IISTREET ES111.40110 WON. UMW COMM MID (Am FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI 31393F686 MRGN 11.355.229 10.4109 1.182.184 29.675 667.887 56.4791 DATED DATE 10.01.02 800K ENTRY ONLY CUE 02/15/2032 5.880% FACTOR - .44119951 FEDERAL NATIONAL MTGASSN STRIP PAM SIRES 322 CL PO 3136FALQ1 MRGN 2.142.076 84.2031 1,903.895 2 21 0.0012 DATED DATE 03/01/02 BOOK ENTRY ONLY 001% DUE 0 CR FACT - 1.00000000 3/01/2032 FEDERAL HOME LOAN MTG CORD SEWS 2471 CLASS 77 31392R6U0 MRGN 40,137,362 3.8956 1,483,335 17.840 401.374 27.0589 DATED DATE 06.07/02 BOOK ENTRY ONLY DUE 03/15/2032 1.000% FACTOR . .40137383 FEDERAL HOME LOAN MTGCORP SIRES 2488 CLASS SO 313927132 MRGN 20,202.794 11.2818 2.279.235 61.775 1.389.952 60.9833 DATED DATE 07/08/02 8034C ENTRY ONLY DUE 03/152032 6.880% FACTOR - .40406591 02? 11/111/03:136> 031 V11111 CAUSED TNROUGH ITS WOW/ OVANID SLISSOMAY but Sawn. Swats c Cre Warmth Conn Mr?. 06066 Mo 101 112014439 R12121200:0 FINANCIAL TRUST CO INC STATEMENT nmoo OCtabtf 1.2003 1146Duax CCU'S!, 31.2003 EFTA01320772 61.AREO 1)10.00011 ITS WILILY 0A7•23 81.02300tARr 0 ii C rn r 98SOSEOCIA19- ANGS IS b.) 41 b.) 00 00 BUR STERNS OFFICE San/ICING YOUR ACCOUNT Beet. Steams 4. Co. Inc. 383 Madcon Melt* New York. New York 10179 (212) 272.2000 Your Portfolio Holdings (continued) Government 8 Agency Obligations (commune) OESCRIPTIYI 511"01.0.ISIP ACC1 Type 0.012Irr PRICE W•lbEET MOE 202260 POIRES1 (MA= ANNUAL WOW CLOR017 FEDERAL HOME LOAN IAIG CORP 3139276E2 MRGN 23.307.937 10.5512 2.459.263 60.909 1.370.507 55.7284 SEMIS 2483 CL 51 DATED DATE 07/0242 BOOK ENTRY ONLY DUE 03/4/2032 5,8030% FACTOR . .40405590 FEDL NOME LOAN MTG CORP/403602 3128HVA85 MRGN 3.370.584 78.3359 2.640.379 SERFS 223 CLASS PO DATED DATE 12/01/02 BOOK ENTRY ONLY DUE 12/01/2032 FACTOR . .67411697 FEDERAL NATIONAL MTG ASSN 31393C2C6 MRGN 19,333,393 10.9805 2,122,905 18,947 1.136.804 53.5495 SERIES 203349 CLASS SW DATED DATE 04/3003 BOOK ENTRY ONLY DUE 01/25/2033 5.88016 FACTOR - .79539167 Total Government& Agency Obligations 513.970.996 5169.148 54.966.345 Corporate Bonds t6, .0011.10 LS1aMTE0 OSEICT Treill0U0410 twE PDX Waal VALUE MAW MOM INCOME ILO FANNIE MAE C1AO/SERIES 2002-82 31392F573 MRGN 14.793.123 1 4 2260 2.104,468 17,085 1,025,163 48.7136 53(40 FUR DATED DATE 1010202 BCCC ENTRY ONLY DUE 1 onsr2co 1 6,930% FACTOR . .59172496 TOW C0F0oratei3onds 52.104.468 517.085 51.025.163 TOTAL FIXEOINCOME $16.075.464 5206.233 $5.991,508 Mt. Seen koala Co On. IletroW. Lela NOV Isaakbei. Mw rue 11701.31139 (2121 272.1003 FINANCIAL TRUST CO INC STATEIABil 00.00 October 1.2003 110,10.0004 0=ota 31.2003 ACCOurn WAN. 7.7"ketit KAMM On no LAST STATexemr S90tember 30. 2003 ".,27 11.0103.13 39 COI 1118 EFTA01320773 0 -n C in r L8S0SE00- O19- ANGS I8 IJ IJ IJ v3 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Stearns & Co. Inc. 383 Madsen Monne New York. New York 10179 (212) 272-2CCO 6 :4 Your Portfolio Holdings (continued) YOUR TOTAL ACCRUED INTEREST 5206.233 YOUR TOTAL ESTIMATED ANNUAL INCOME 55.991.508 YOUR PRICEOPORTFOUOHOLDINGS 516.525.540 Repurchase and Reverse Repurchase Transactions with Bear, Steamsand Co.Inc. outstanding asof date of statement PLOOthc.ti REPuROIASE Rae OUeCilASE MCC/ ACCRUED ilP0 *Warn Slat DATE DATE RATE Mat PatREST. Tea MOW) CUSP DESUSTICH CALMED natOuGet ITS vector Ovine) SueSewly Per. Men Steurtes CoP. Cre Ilartinth USN 1/410. Swittr. New ten 1120146S9 2121 172-1 coo FINANCIAL TRUST CO INC sriernalta PERKO October 1_2003 TweauON Gaeta 31.2003 Abbate Weak" TA)0Mtit mama Cir, Fh LAST /144ATSVENT September 30.2003 YOU PROVIDED FEDERAL HOME LOAN MFG CORP (MARGIN) 10/23103 OPEN 0.000 TOTAL REVERSE REPURCHASE TRANSACTIONS SO TOTAL REPURCHASE TRANSACTIONS 50 Al 40 041sned• ale .51 655 000 31393FAF3 SERIES 2530 CLASS SE 6.280002415/32 so $0 02> IIR)1/03.13 19 00' EFTA01320774 (-) 0 m cim H r 28SOSE00- IND- ANGS CO IJ IJ IJ O BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Meru, New Tok New York 10179 (212) 272-2000 Transaction Detail INVESTMENT ACTIVITY Mat DAM OAR IRMISACTION otScrenni svuocutus• asuam MCI ACCOurr wain. TAXPAYER kukarR On Re usT sTATewn.1 Silplenter 30. 2033 ant ....Cum CREDIT /SOME 10/07103 PMNCIPAL FEDERAL NATIONAL MTG ASSN 3136FAL01 -169.307 STRIP MID SERIES 322 CL PO 0,001 OuE 03/01/32 PRNOVAL MUM 10.25-03 10115/03 09/30/03 BOUGHT FEDL HOME LOAN MTG CORN/1503802 312811VA85 3370.584 82.31250 2.774.412.65 SERIES 223 CUSS PO WE 12/01/2032 0987022118332 REF • 2003093046840000 EIS TO AD.' PREYS:US MONIKS FACTOR AS Of 090003 10/15/03 09/05/03 CANCEL Sal FNMA.3011(041.4A)GTD 5N95388 10.000.000 99.53125 9.953.125.00 SETT:W/03 DUE 1601/2033 06.500% 0987031119332 REF C 2003090546060000 EIS AS Of 0906/03 TO Ca PREVIOUS SELL 10115/03 09/05/03 CANCEL SELL FNMA.30YR(FNIAA) GTD 5N95388 10.000.000 99.53125 9.953.125.00 SETT.10/03 DUE 10/01/2033 05.600% 0987031119332 REF V 2003090546060000 BS AS Of 0905/03 TO OIL PREVIOUS SELL 10115/03 09/04/03 CANCEL SELL MISAA.3CNR(FNMA)GTD 51495388 15.000.000 98.96875 14.845.312.50 567.1003 CUE 10101/2033 05.500% 0987031317332 REF 4 2003090454000000 8$ AS Of 09/04/03 TO cm. PREMUS SELL 10/1503 1007/03 CANCEL SELL FNMA.30YR(FNMA)GTD 5/095388 40,000.000 100.94922 40.379.687.50 St7.1003 DUE1001/2033 05.500% 0987280211332 REF * 2003100746130000 (tS AS OF 1007/03 TOLE. PREVOUS SELL =ARLO INRCQ3.4 meaty 0,00 SOSIOwN tier. Sten SKunts Cu9. 0-• unotect, Corte 4ortn ender. New Yen 11201.36S. 12121 272-IC00 FINANCIAL TRUST CO INC STATWEIC PEIIPO Ock0er 1. 2CO3 THROutin Ottobec 31.2003 an 17A31103:1321 MN VMS EFTA01320775 rn 8 IJ 00 00 BEAR STEARNS 0FFtE Sava% YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Manson Avert* New York, Nev., Ycck 10179 (212) 272-2000 Transaction Detail (Continued) INVESTMENT ACTIVITY (cardnued) SETIlfgoll 1200E DISE OAR IRMSC101 DatRIPIION 0 0 10/15/03 10/15103 09/03/03 0945/03 BOUGHT SOLD FNMA- NMA)GTO sET7.10133 CUE 1081/2033 05,500% 0987280211332 REF • 2003090346250000 FIONGIOYIHENMAIGID in z SETT.10/03 DUE 10/01/2033 05.500% 0987031119332 m REF 12003090546050000 AS OF 09/05/03 BS C 10115/03 094503 SOLD FNMA-30YRONWQ GM Sur.10/03 DUE 10101/2033 05.500% in z 10/15/03 09104/03 SOLD 0987031119332 REF 0 2003090548050000 FNMA-30YRIFNIAA)G7D SETT.1843 BS DUE 10'0112033 06.500% 0987031317332 RU • 2003090454000000 BS 10/15103 10/0743 SOLD FNMA.30YR(FNMA) GED r SET110.03 ote1001/2033 05.500% 0987280211332 REF * 2003100746170000 BS 10/15/03 09/03/03 CANCEL WY FNIAA-30YRIENMA)GTO SETT-1003 CUE 10/01/2033 05.500% 68SOSEOCIN9- ANGS 0987280211332 REF 9 2003090346250000 8$ AS OF 09/03103 TO CAL PRE-NOUS BUT CLEARED TOCOLC/4 ITS WAOLor DARED SUBSIDIARY Oty. Stan Branum C . One Matron. Cour North YOBIrk New Yot 1T201.3N9 I2121 212.1000 FINANCIAL TRUST CO INC S'AlTrAINT PERoo Ocean 1.2003 nor:4nm &tette 31. 2003 AOCCUN1 ISAVR TAXPAYER KAMER LAST TATE WW1 241:Dientrif 30 2CO3 SVUOCACUSIP OWNIIW MCI UM 'WOW CREDO AVOLIVI SN95388 85.000.000 98.40825 83.964.062.50 5145388 -10.000.000 99.53125 9.953.125.00 5195388 -10.0007003 99.53125 9,953,125.00 5095388 -10003000 98.98875 14,845,312.50 5095388 -40.000,000 100.94922 40.379.687.50 5095388 45.000.000 98.40625 63.964.082.50 10/15/03 PRINCIPAL FEDERAL HOME LOAN MEG CORP 31392R6U0 -3,174030 SERIES 2471 CLASS in 1.000 DUE 03/15/32 PRINCIPAL REDUCTN 10-1543 027 111011021230 001 EFTA01320776 CLEARED THROUGH ITS ?MOLLY Ewe SU000Alty ii C rn r 06SOSEOCIN9- ANOS 8 IJ V.) IJ IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sear, Steams & Co. kic. 353 lAaclsoo Avenue New York. Now York 10179 (21 2) 272.2000 Transaction Detail (continued) INVESTMENT ACTIVITY (conilituea) unuweet tom out WN noNscror 10/15103 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31392R6U0 -971 SERIES 2471 CLASS Yr 1,000 DUE 03/15/32 PRINCIPAL REDUCTN 10-15-03 DESCRIPRON STIAEOUCUSIP Rem Steams Saab's Opp. Cr* lionyeth Caro Noes ireatr. µH York 11201.3060 2121272.1003 FINANCIAL TRUST CO INC MAMMY mosso Oaote 1.2003 11.010uen OCIOW 31.2003 ACCOUNT WIWI TAXPAYER AMMER LAST STATAAIDa September 30.2003 OULPIITYY PRICE 13010 ANEW MOD AMOUNT 10/15.03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31392T6E2 -1.843000 SERIFS 2483 Cl. Si. s.saa DUE 03/15/32 PRINCIPAL REDUCTN 10-15.03 1015/03 PR1NOPAL FEDERAL HOME LOAN MTG CORP 31392T6E2 -719 SERIES 2463 CL SL 5.880 DUE 03/15/32 PRINCPAL REDUCTN 10-15-03 10/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 313927/32 -1.598.000 SERIES 2488 CUSS SO 6.880 CUE 03fl 5/32 PRPCINAL RECIXIN 10-15-03 10/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 313927/32 44 SERIES 2488 CLASS SO 6.880 DUE 03/1502 PRINCIIAL AMMER 10.15-03 1011903 PRINCIPAL FEDERAL HOME LOAN MTG CORP 31393FGB8 404357 SERIES 2526 CUSS SI 5.880 DUE PR REO 02/15/32 INCIPN. UCIN 10-15-03 10/24/03 JOURNAL FEDERAL HOME LOAN MEG CORP 31393FAF3 -1 SERFS 2530 CUSS SE 6 280 DUE 07A5/32 ADiuSi POSITION 10/27/03 PRINCIPAL FEDERAL NATIONAL MTG ASSN 3136FAL01 169.307.00 STRIP MI6 SERIES 322 CI. PO 0.001 DUE 03/01/32 PRINCIPAL PROPEIR 10-2543 10/27/03 PSINCIPAL FANNIE MAE CIAO/SERIFS 2032-82 31392F573 -749.315 SK40 FUR 6,930 ME 10/25/31 PRINCIPAL REDUCTN 10-25-03 OCT 11.01.03.1-13:39 001 e11111 EFTA01320777 0 -n in r T6505£00- IA19- ANGS BEAR STWRNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Medson Avenue New York, New York 10179 (212) 272-2003 10 <2u *YAMADA' Mime October 1.2003 Detomm CCS:ter 31.Ø Transaction Detail (continued) AccoUvT MAKER TAXPAYER Ha» On file INVESTMENT ACTIVITY (COOMMCO LAST STATEMENT Sepwrte. 33.2003 CLEARED ~MOM ITS ~My Omm0 au•SDAFT• bat. Swans Monies Cap OY iterouce Cate MT Ereektr. hm yak 1120141369 12111 272.1003 FINANCIAL TRUST CO INC Strntmiin mix DATE DATE TRANSACIM DISCREMON SYMSOLOSP OtmiM 0(S1 AMW41 MOM ~A 10127)3 PRINCIPAL FEDERAL NATIONAL MTG ASSN 31393C2C6 -498.148 SERIES 2003-49 CUSS SW 5.88000E 01/25/33 PRINCIPAL REDUCIN 10-25-03 TOTAL 5-141.869.725.15 $139.264.619.50 INTEREST DATE OESERFMN Svuecucuso Cuunny RAM 00 DEM AMOUNT CREW AMINE 10/01/03 AVG BAL 992RT 0.363 0.02 021 OFFICE INTEREST 0903 10102/03 AVG BAL 379.748RT 0.326 98.24 021 OFFICE INTEREST 0903 10/15/03 FEDERAL HOME LOAN MTG CORP 31392R6U0 1.0000 36.093.61 SERIES 2471 CLASS YI DUE 03/15/2032 1.000 INTEREST PAYMENT 10-15.03 10/15/03 FEDERAL HOME LOAN /MG CORP 3139216E2 5.9900 123,243.11 URNS 2481 C1.54 DUE 03/15/2032 5.880 INTEREST PAYMENT 10-15-03 10/15/03 FEDERAL HOME LOAN MTG CORP 313921/32 6.8800 124,991.77 SERFS 2488 CUSS SO DUE 03/15/2032 5.880 MEREST PAYMENT 10-15-03 10115/03 FEDERAL HOME LOAN MTG CORP 31393FAF3 6.2800 148.356.10 SERIES 2530 CLASS SE DUE 02/15/2032 5.280 NT RID 09-03 PA) 10-15.03 REPO P 3I 5.2800 Oh 11,01R1111:311 001 Viii EFTA01320778 =WO 2192051314 ...,air OWTED SulDSOARY BEAR STEARNS OFFICE SERVICING YOUR ACCCAINt Bear. Stearns & Co. Inc. 383 Madison Avenue New TOrk. NOW York 10179 (212) 272-2030 Transaction Detail (continued) INTEREST (continuad) Ow San Semrites Cup. Cr. /AARAce, Ceram Mn bccASA Nat In 11201.3959 (212) 2/24000 FINANCIAL 1RUST CO INC STATEMENT PEA= Comte, 1.2{03 nOtouGA October 31.2033 meM u? siNeER TAAAA9EA µI.KR UST STATEVENT Seamen 30. 2003 0 -n OATt 4001147Cw STIMOUCUSEP OtwarTY tUE 011 DOW WOW CR= PAWN, 10/15/03 FEDERAL HOME LOAN MTG CORP 31393FC4343 SERIES 2526 CLASS SS WE 02/15/2032 5.680 MEREST PAYMENT 10-15-03 10/27/03 FANNIE MAE CMOISERIES 2002-82 31392F373 51(40 FUR DUE 10)2512031 6.930 INTEREST PAYMENT 10.2543 10(27)03 FEDERAL NATIONAL MTG ASSN 31393C2C6 SERFS 2003-49 CLASS SW DUE 01/25/2033 5.880 INTEREST PAYMENT '0-25-03 5.8800 6.9300 5.8800 5%584.42 89.757.59 97.174.55 C in TOTAL $679 297 41 REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear,Steams&Co.Inc. r Z6SOSEOCIA19- ANGS SEITLDINT mix oat OAR ItANSAC OESCMPTIOM 512.01.0J522 WMIIIIY OM MOM 10/02/03 JOURNAL ADP CO 8888888 4.398.0:00.03 FIDA.PR F2753101011 8.625 DUE 12/31/49 2074420692 CREDO MOM 1002/03 JOURNAL ADP CD 8888888 4.396.000.00 FTRA-PR F2483202019 8.625 DUE 12/31/49 2074420692 10/02/03 1006103 MEREST ADP CD 8888888 250.33 DUE 120102049 8.625 FRM.PR F2483202019 2074420692 JOURNAL ADP CD 8888888 4.296.000.00 F1111-PR F2753181013 8825 DUE 12/31/49 2074420692 027 1101/00:17:301 001 late EFTA01320779 rn I8 b.) Lab.) 0 -n C rn z r E6S0SE00-O19-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Mattson Avenue NE." Yak New York 10179 (212) 272-2000 12 a•. Transaction Detail (continued) r ens0 TIAOLtH as WPM:, OW/AD SLASOWtf Ow Sam Semites Cap. Ore IttOlatli Cans Not Racially New Tot 11201.3391 1214 ZTE-1003 FINANCIAL TRUST CO INC STATENEHT PEF000 WAX, 1.2033 nazism Ovata 31, 2003 ACCOSO RweeR TARPAKA 14.11AR PI M REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) EAST STAITIAW Sept:Irby 30.2003 SETTLEMENT MOE DATE 041E IlleiSACTIOR DOCRPDOw SYMBOL/CUSP GAUDIN DINE AMOR CREDIT IAPISO 10/06/03 JOURNAL ADP CD 8888888 4.396.000.00 FITIA-PR F2753181012 8.625 DUE 12/31/49 2074420692 10036/03 INTEREST ADP CO 8888888 323.59 DUE 12)31/2049 8.625 FIDA.FR 12753161012 2074420692 10/15)03 JOURNAL ADP CO 8888888 1.520.000.00 FIT1A-PR F2753181015 8.625 WE 12/31149 2074420692 10115)03 JOURNAL ADP CD 8888888 µ 4,296,000.00 Fm.i-PR 12753181014 8.625 CVC 12/31/49 2074420692 10/15/03 MEREST ADP CD 8888888 598.10 DUE 12/31/2049 8.625 FITM-PR F2753191014 2074420892 10/16/03 JOURNAL ADP CD 8888888 1,620,000.00 FITM-PR 12753181016 8.625 DUE 12/31/49 2074420892 10/16/03 JOURNAL ADP CD 8888888 1,520,000.00 nDA-PR F2753181017 8.625 DUE 12131/49 2074420692 10/16/03 JOURNAL ADP CD FM-PR F2753181018 8.625 DUE 12/31/49 2074426602 8888888 1,520,000.00 10/16/03 JOURNAL ADP CO 8888888 3.220000.00 F1114-PR F2753181019 8.625 DUE 12131/49 2074420692 021 11/01.0213:20 001 V81I EFTA01320780 -n C rn r V6S0SE00- O19- ANGS BEAR STERNS OFFICE SERVICING YOUR ACCOUNT Beer. Swarm 6 Co. Inc. 383 Medium Mettle New York. New York 10179 (212) 272-2000 13 a • Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (cortInued) curse) nrscoon as 08/10 SISSID0RY Sae Rene Seeeneet Cap. 01e1Anforsen Crew Math II,CcAbn. MeV Yon 11201.3859 22121 2/24003 FINANCIAL TRUST CO INC sunaroor sync° Cater 1.2003 THROVON Octcocr 31.2003 *Govan 'NAM* TAXPAY1131 MAW On rile LAST SIATIDOCNT Segember 30 2003 nun rum DATE DATE 782121C13311 DIESCR09101/ SYMBOLICLISV DUMMY 01W mow cam MW4I 10116/03 INTEREST ADP CD 8888888 31.67 DUE 12/31/2049 8.625 FRM-PR F2753181016 2074420892 10/20/03 JOURNAL ADP CD 8888888 3,000,000.00 FRAI-PR F2753181018 6.625 CUE 12/31/49 2074420692 10.20/03 JOURNAL ADP CD 8888888 3.220.000.00 FI1M-FR F275318101A 8.625 DUE 12/31/49 2074420692 10/20833 INTEREST ADP CO 8888888 234.34 OM12131/2049 8.625 FlISPR F275318101* 2074420692 10/23103 JOURNAL FEDERAL HOME LOAN MTG OORP 31393FAF3 -22.790.161 SERIES 2530 CLASS SE 6.280 DUE 02/15/32 FM* F2963142 Al REPO AGREEMENT 102103 10UANIJ. FEDERAL HOME LOAN MTG CORD 31393F/43 26.471.971 SERFS 2530 CUSS SE 6.280 2/15/3 FIIMARGN DUE F0216329I2 *2 TWA REPO AGREEMENT 1012303 JOURNAL FEDERAL HOME LOAN MTG CORP 31393FAF3 4.681.809 SERFS 2530 CUSS SE 15280 DUE 0210 5/32 FrtMARGN F2963144 Al REPO AGREEMENT TOTAL 3-17.952.000.00 $19,349.538.03 021 100103:1339 WI 2/18 EFTA01320781 Tn I8 IJ IJ IJ SO 0 -n rn z -H r S6SOSEOCIA19- ANGS BEAR STEARNS CAKE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mattison Avenue Noe York. New Yak 10179 (212) 272.2000 14 & Transaction Detail (continued) MISCELLANEOUS MOO* TRANSACT:* CCSCRIPTION DENT MOUNT CROXI MOM 10106(03 JOURNAL FITG TO FTTM 1.319.00 10/10/03 JOURNAL FITG FRIA 69.463.03 10/14/03 JOURNAL SEP 03SPEC CLEARING FEES 1.050.00 10115103 JOURNAL FNMA-30YR(FNiMA)GTD 1,214,062.50 SETT.10.03 5.500 DUE 1001133 MBS NET 10115/03 10/20/03 JOURNAL FRG FTTM 38.459.00 10/21/03 JOURNAL FITG RIM 126.398.00 TOTAL $.236.708.00 51.214.062.50 Trades Executed Pending Settlement SUROMNI MACE OATS DATE TRANSACT* MORMON 11113/03 10/07/03 BOUGHT INMA-30YR(FNMA)GTO SETT.11103 DUE 1101/2033 05.500% 0987280211332 REF Y 2003100746180000 8$ r, CA1.1 TROLCH rTs vAieur Con‘eD Sussiowsy Best Storrs Yenta Corp. Of* Weteteth CM. N]4/ Wooer% War Volt 11201.3149 (214 272.1000 FINANCIAL TRUST CO INC VW/MN! MOOD October 1.2003 nfrouOm Octoixi 31.2003 ACCCANT VISO% Mama •JvAIER On no LAST STATCIaNT Seplente 30. 2003 SONJOLCUSP (wan PRICE OEM /MOUNT MDR MOAT 51498784 40.000.000.00 100.5937 40.237.500.00 11/13/03 10/1603 SOW FNMA-30YR(FNMA)GTO SETT.11/03 DUE 11/01/2033 05.500% 0987280211332 REF 40 2003101646340000 RS 51198784 -40.000.003.00 100.1250 40.050.000.00 TOTAL S40.237.500 00 540,050,000.00 nit ma,. bide. OZ Pet •0004/ Wry emit serir te r.. latentiY. 110103.1339 0>1 001 "Mg EFTA01320782 0 0 z m C in z r 96SOSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOLINT Bear. Stearns & Co. Inc. 383 Madsen Avenue New York New Yak 10179 (212) 272-2000 6W[{2 THRM.7414 ITS YMCAIT 014.417) StAISIDWAY Sea Yana State cap. Metretech Cater SOT amt Xs Vert 11201.3859 072)27240C° FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BONO STATWENT seam AVM) 30, 2003 VISIT OUR WEBSITE sve*.bearMeareS.Ccen THROUGH Seers to 30.2003 Atomic XLMBER What's In This Statement TAXPAYER MATER Financial Summary 3 FINANCIAL TRUST CO INC EAST STATIlara August 29, 2003 GO JEFFREY EPSTEIN Your Pc4trollo Holdings 4 6100 RED HOOK QUARTER Transaction Detail 6 STE B3 Trades Not Yet Settled 13 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio S99 TOTAL VALUE OF SECURRES THIS PERS00 13,466,661 Cash a Equirettre --I 2 rritne LONG ACCRUED MEREST 203.166 ed — S244 NEY CREDIT BALANCE 992 Ineo NET EQUITY IHM PVUOD anent market value S13,670,819 M. last raterneris market value NET EDWIN LAST STATEMENT 13.836.583 CHANGE SINCE LAST STATEMENT -165,764 There are no 'Stop L.C65. orders or other pending buy or sell open orders on rile for your account. 513.488481 513.626.063 Important Message Beer Steams is pleased to amounce our conversion to a calendar month-end statetnetlt. Elfectne this month. your account statement reflects al activity and account valuation up to and including the last bUSW/EES (Sayer the man. a IM same, H eI iltraricrol paw :a wry. V 4 ra Read n a az taurmet his mimeo said te Wand we too Naas 544 want Se we mortal ithansece 077 70O1.O3,10 54 COI 0513 EFTA01320783 WIRED Tift0U0m TS now, Ovna SUBSOPRY Our. San So:vibes Cara One Ihmush Calm MAN troc•Ir. New Talc 11201.1850 1212) 272.1000 FINANCIAL TRUST CO INC 0 z m cim z r L6SOSE00- IND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 10001/0330.54 001 r1113 EFTA01320784 CLEARED THROUGH ITS ‘stOLLY Ovese0 SuSSOAltv BEAR STEARNS OFFICE SERviCe0 YOUR ACCOUNT Bear. Steams 4 Co. Inc 383 Madison Avenue New York. New York 10179 (212) 272.2000 3 <I 1 Cash Flow Analysis 114S PERKO Income Summary This Kipp TPA 70 DAZE Opening Ba lance Smarties Sold DiWoendsAnterest 9244.46 176,098,821.93 762.801.16 Gott. Agency H. Cap. Bend it Credit Balance Int. Reverse Repurchase Ire. 663.90977 98.783.24 128.15 2,357.87 7.790.874.92 987,479.17 931.45 1941880 0 Amount Credited Securities Bought 5178,861,623.09 -175,152.227.06 Total Bond Purchase Vt. 9789159.03 0.00 50707,704.34 -50.156.82 -n Miscellaneous -1.708.648.44 Repurchase Ire. Eap. 0.00 .24.344.52 Amount Debited S-176,860.875.50 C rn Net Cash Activity ClosIn9Balance 747.59 9992.05 Portfolio Composition Cashttish Equhakmt 992 rued lrcome 13.466.661 Total 513 487 653 Cash Balance Summary r 0,04,0 Margin 244.46 992.05 Net Cash Balance 9244.46 5992.05 86S0SE00- O19- ANGS Seer. Sans Seo.e6es ae wawa Centel l‘ter, Itol4r, Now YOE 11201.3469 12121 ? 2.1000 FINANCIAL TRUST CO INC sramerwr some August 30.2003 n4ACAKA. Smarty 30. 2003 ACCOUNT NUHSER TAXPAYER NOWA On Fie LAST *TAMAN" AL9N. 29. 2003 Your Portfolio Allocation (EMI 1-comit—, 100% U • 4.3•4 preen sunw e.ot bow. rev 4%.14 meat .Ma.. TN. Mm .. perartain, a orived fres no Wont nun .444. o raw re/04 027 I0DtW..3 54 001 VII) EFTA01320785 rn 8 b.) b.) b.) 0 -n C in r 66SOSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Gem Steams b Co. Inc. 383 Madison Mende New York. New sticek 10179 (212) 272-2030 4 cell Your Portfolio Holdings CASH S CASH EQUIVALENTS otscaTros CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 5992 SYMBOVCOSP csnstArn) CURREN( COJCITry P*CE vALUL AMICK ACME TIM 04) 992 FIXED INCOME Government 8, Agency Obligations CCSOSPI1011 STINIOUCUSP WP /OCCT OUNIMY FACE WSW a3C0.43 (3111400) ROM 0103IM 0016M FEDERAL HOME LOAN IATG CORP SERIES 2526 CUSS SI DATED DATE 1001/02 BOOK ENTRY ONLY DUE 02)1512032 5.880% FACTOR . .47247166 31393F086 LEON 12.160.086 9.7796 1.189.206 29.793 715.013 60.1252 FEDERAL NATIONAL MEG ASSN 3136FAL01 MRGN 2,311,383 87.5781 2.024.266 2 23 0.0011 STRIP MTG SERIES 322 CL PO DATED DATE 03/01/02 BOOK ENTRY ONLY DUE 03301/2032 001% FACTOR • 1.00000000 FEDERAL NOME LOAN MEG CORP SERIES 2471 CLASS YT 31392R6U0 MRGN 43.312.333 3.2974 1.428.182 18,050 433,123 30.3269 DATED DATE 0107/02 BOOK ENTRY ONLY DUE 03/15/2032 1.000% FACTOR . .43312334 FEDERAL NOME LOAN MEG CORP 313927/32 MRGN 21.800,888 10.1749 2.218,219 62.495 1.499.901 67.6174 SERFS 2488 CLASS SQ DATED DATE 07/06/02 BOX ENTRY ONLY DUE 03/15/2032 6.880% FACTOR - A3601779 021 100141109s 001 Y$13 GUARD) lwituen ITS VA4OLLY &me SueSO4cti as. Sion Socviles Ca One - Canis win W.*" Now Yet 11201.TOSO 12121272.1000 FINANCIAL TRUST CO INC STATIMENT nic00 Acquit 30.2003 TI91010.. ACCOafir MAISCR T/JaWfUt MAeER OAST STAroiner Swoons.* 30, 2003 on Au9nt 29.2003 EFTA01320786 En I8 IJ lug IJ 10 IJ IJ 0 E I m z r 00905£00- O19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 (272) 272.2000 5 •1 Your Portfolio Holdings (continued) Government & Agency Obligations (conthued) OISCRI21)34 FEDERAL HOME LOAN MEG CORP SERIES 2483 O. St DATED DATE 07,02/02 BOOK ENTRY ONLY DUE 03/15/2032 5,880% TACTCR - .43601778 OCCI a THE 3139216E2 MRGN CRIONITY 25,151.656 ACCRUED RRCE vatal vitUf Patna 9.8365 2,474,037 61,619 CLIME° tatecati ass irm0u22 01.14D SuBSCivolV Bar. Sawa Saunas CO' Cne kt— tett NerV, Beaser. We WA 11201.3854 RID Z22.1000 FINANCIAL TRUST CO INC STATEmea PEA220 AK= 30,2403 Ti4ROUGH SepterN:er 30.2003 ACCOuNT mutat,. TAXPAYER emcee On Mk 1.04T BTAlluEta Atsult 29.2003 I3104271D 0200114 NOM WOW Tab 114 1.478,917 59.7775 FEDERAL NAT/ONAL MTG ASSN SERIES 2003-49 CLASS SW DATED DATE 04.00(03 BOOK ENTRY ONLY DUE 01/25/2013 5.890% FACTOR .81588587 Total GOvernment& Agency Obligations 31393C2C6 IIARGN 19,831,541 10.4766 2.077.667 16,225 1,168,078 56.2207 511,411.577 5188,184 $5,295.055 Corporate Bonds DESCRVTION FANNIE MAE CIVOiSERIES 2002-82 SK4D FLTR DATED DATE 10/02,02 BOOK ENTRY ONLY CW101292031 6.940% FACTOR - .62169757 Total Corporate8onds TOTAL FIXED INCOME ACV SYMEOUCL612 31392FS73 MRGN Ctelnirl ACCO4ED LSTNATID CURRIM1 VALUE MIRES, NfMMJ 140314 MD IV 15.542.438 13.2224 2.055,084 14.982 1.078.645 52.4867 52.055.084 514,982 51.078.645 513.466.661 5203.166 56.373.700 YOUR TOTAL ACCRUED INTEREST 5203,166 YOUR TOTAL ESTIMATED ANNUAL INCOME $6.373.700 YOUR PRICEDPORTFOLIOHOLDINGS 513.467,653 027 m0.011054 eel val7 EFTA01320787 ITS 8 IJ 41 IJ IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 matIlson AVONILle New York. NOW York 10179 (212) 272-2000 6 a is Transaction Detail INVESTMENT ACTIVITY SETTLEMENT /401 DM1 CAM IRMISAC11014 09/15/03 08/04/03 CANCEL SW. -n 09/15103 06/17/03 BOUGHT C in 09/15/03 08/04/03 SOLD 09/1663 08/17/03 CANCEL BUY r 09/15/03 07/28/03 BOUGHT 00/15103 07/28/03 BOUGHT TO9OSEOCIA19- ANGS DEsuarnes/ FNMA-30YR(FNMA)GTE1 SETT.09/03 DUE 09/01/2033 05.000% 0987280211332 REF 12003090446860000 85 AS Of DI3/04/03 TO M PREVIOUS SELL FNMA30YRUNTAI3GT0 SET7.09.03 DUE 09/01/2033 06.000% 0987280211332 RE/ 0 2003061746340000 BS FNMA-30YR(ENMA)GED 507.0903 DUE 09012033 05.000% 0987280211312 REF a 2003080446880000 BS ENNA30YR(FNMA)G1D SETT.09.03 DUE 09.111/2033 05.000% 0987280211332 RFF * 2003061746340000 85 AS Of 06117103 TO CAL PREVIOUS BUT FNMA 30YR GED SETT. 09/03 WE 09/01/2033 05.500% 0987135514332 REF • 2003072846180030 BS AS Of 07128/01 FNMA 30YR GTO SETT. 0903 CUE 0901/2013 05.500% 0987135514332 REF • 2003072846180000 BS a5-41f0 nietouca. 'Ts ViKtiv OAINE0 IttlaCMAY Sex Stem Smwon CoP ac Meintech Catr 104 Iroothrt Se York 1120141150 810 272.1000 FINANCIAL TRUST CO INC STATELOCT KISCO ALcia 30.2003 THR0ECAI Seawater 30. 2003 ACCONIT snmSER T/09AYEA NWOER CA File LAST STATEMENT .07.451 29.2003 SYPASSACuS/E OMMIltt Pelf£ AMOUM CREW /MOM 5N98144 10.003.003 94.98438 9.498.437.50 5N98144 10,000.000 101.46875 10,146,875.00 9498144 -10.003.000 94.98438 9.498.437.50 5N98144 -10.000.000 101.48875 10.146.875.03 5N98292 10,000,000 100.10938 10.010.937.50 5N98292 10.000,000 100.10938 10.010.938.00 OTE 1001/33:1064 001 in%) EFTA01320788 Waco 114,0113m ITS %POW( OPINED SuISPARr BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New Tort 10179 (212)272-2000 7 013 Transaction Detail (continued) INVESTMENT ACTNITY (continued) SC111014T IRCE Wf CATE 01.161.01011 09/15/03 07/07/03 BOUGHT 0 0905/03 07/29.003 BOUGHT -n 0911503 09/03/03 CANCEL SELL C rn 09/1503 07/28/03 CANCEL BUY r 09/1503 07/28/03 CANCEL BUY 09/15/03 07/07/03 CANCEL BUY Z0905£00- O19- ANGS I8 IJ 1,2 41 b.) CESCRIPSON FNMA 30YR GTO SETT. 09/03 DUE 0901/2033 05.500% 0987280211332 REF • 20030707541=00 BS FNMA 30YR GTO SE1T. 08103 DUE 09101/2033 05.500% 0987016110332 REFS 2003072948000000 IS FNMA 30YR GTD SET!. 09/03 DuE 09/01/2033 05.500% 0987280211332 REF • 20030903462110i:00 EIS IS OF 09/0303 TO CAL PREVIOUS SELL ROM 30YR GTD SETT. 09133 DUE 09/01/2033 05.500% 0987135514332 REF • 2C03072848180000 BS AS OF 07/213/03 TO CAL PREVIOUS WY FNMA 30YR GTO SETT. 0903 P/C 09/01/2033 05.500% 0087135514332 REF O• 2003072846180000 0708/03 BS AS F TO CAL PREVIOUS WY FNMA 30YR GTO SETT, 09/03 WE 09.01/2031 03500% 0087280211332 REF * 2003070754350000 BS AS OF 07/07/03 TO CXL PREVMUS BUY M. Swap Setae. Coss Ore Prows c_ WA 13330131. Mar 013 301.2369 212) 313.11100 MANUAL TRUST CO INC Stotmee ot SOO AuSuSt 30. 2003 Tm110u0H Spume* 30.2003 ACCOPrt /MOM TossAvOt we MBT STATDADAT On Pie A19351 29. 2003 SIAM/CUSP Cluutmv met 01.211 AMOUNT CAM AUOUNI 5088292 20,000,000 102.25000 20.450.000.0) 5098292 35.000.000 99.48438 34,819,531.25 5898292 65,000.000 98.80078 64.220307.81 5098292 -10.000.000 100.10938 10010937.50 51498292 40400000 100.10938 10.010.938,00 5/098292 .20.000.000 102.25000 µ 20,450,000.00 027 1001/03:1044 801 11413 EFTA01320789 0 m cim H r £090SEOCIND- ANGS BEAR STEARNS OFFCE SERVICING YOUR ACCOUNT Sear. Steams & Co. Inc. 383 Manson Avenue Now York. New VW< 10179 (212) 272-2000 Transaction Detail (continued) INVESTMENT ACTIVITY (contimx6) SOTLWENT MADE DE OATE TION144,04 44SCRIPCN 09/15/03 07/29103 CANCEL BUY FNMA 30YR GTD 5K98292 -35.000.000 99.48438 34.819.531.25 stn. 09/03 DUE 09/01/2033 05.500% 0987016110332 REF # MO072946090020 BS AS OF 07/29/03 TO CXL PREVIOUS BUY PleINXRUSP WARD) nwouow rrS rmcur Ovn4D SueStiar 8•47 suns Seams Cap. Wentect, Comet teat Itccita. Nita Tot 112014959 (212) 2/2-1000 FINANCIAL TRUST CO INC ST MINT PSROD August 30.2003 THROIAM Sellember 30.2003 ACCCurt MACSR mow= warn CM Tit LAST SURMA" August 29.2003 Cc t1m Pm, COW MIOUhl MIXT AMCW 09115/03 09/03103 SOLD FNMA 30YR GTO 5N98292 45.000.000 98.80078 64.220.507.81 SETT. 0903 ME 09/01/2033 05.500% 0987280211332 REF • 2003090346290000 BS 09/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CM. 31392R6U0 4,205,000 SERIES 2411 CLASS Yr 1800 DUE 03n5/32 PRNOPAL RECUC1N 0815-03 09/15/03 PRINCIPAL FEDERAL HOME LORI MTG CORP 313928600 -487 SERIFS 2471 CLASS Yr 1000 WE 03/16132 PRINCIPAL REDUCTN CO4543 09/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 3139276E2 -3.60%000 SERIES 2483 CL SI. 5,880 OM 03/15/32 PITICIPAL REDUCIN 09-15-03 09/15/03 PRINCIPAL FEDERAL HOME LOAN MEG CORP 3139216E2 -553 SERIES 2483 CI. Si. 5,880 DU L E 03/15432 PRINCIPA REDUCTI4 09-15-03 09/15/03 PRINCIPAL FEDERAL HOME LOAN MG CORP 313927/32 -ir123,000 SERIES 2488 CLASS SO 6.880 DUE 03/15/32 PRINCIPAL REDUCTN 09-1543 09/15/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 313921132 -479 SERIES 2488 CLASS SO 6.880 DUE 03/15/32 PRINCIPAL REDUCTN 09.15-03 027 10001/0t1446 001 VII) EFTA01320790 BEAR STDNRNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Ma son Avenue New WA, New Yeek 10179 (212) 272-2000 9 ern Transaction Detail (continued) INVESTMENT ACTIVITY (cominued) CLEM» ~COCA mi mart* CfAutO SUBSCuRv Na'. Rums Wanes Cc. a.Øn CAA* 11011 boalp. Xw Teel 1120,4859 C2121 112.1000 FINANCIµ TRUST CO INC STATE'S« PEACO Altiusl 30, 2003 710C4.514 Se{tentge 30.2003 80020/67 Wale T•XP8rt11 WAWA LAST STATDÆNT Au3ult 29. 2003 WNW« IRA« MR art 11ANSACII3N IXSCRIPTICH 571.930CUSIA CuAlain MALI Ot8ITAVINJPrt CROW AMOUIO 09/15/03 PRINCIPµ FEDERµ HOME LOAN MTG CORP 31393F686 -1.601.000 SEWS 2526 CLASS SI 5.850 DUE 02/15/32 PRINCIPAL REDUCTN 09-1543 09/15/03 PRINCIPAL FEDERµ HOME LOAN MTG CORP 31393FG86 -287 SERFS 2526 CLASS SI 5.880 DUE 02n 542 -n 09225703 PRINCIPAL PRINCIPAL REDUCTN 09.1543 FEOERµ NATIONAL MTG ASSN 3136FALEW 307237.03 STRIP MTG SERFS 322 CL PO 0.001 DUE 03/01/32 • PRIN RID 08-03 F19 094543 REPOP & I 0.0000 in 0825/03 PRNCIPµ FANNIE MAE GAO/SEINES 2002-82 S840 FUR 31392FS73 -1,534,000 6.930 DUE 10/25/31 PRNCPµ REDUCTN D9-25-03 09/25/03 PRINCIPAL FANNIE MAE CMO/SERIES 2002-82 31392FS73 -778 3840 FLTR 6.930 DUE 10/26/11 PRNCPµ REDUCTN 09-25-03 r 09/25.103 PRINCIPAL FEDERµ NAllONAL MTGASSN SERIES 2003-49 CLASS SW 5.980 DUE 01/25/33 31393C2C6 -1.090,000 PRINCPAL REDUCTN 0925-03 09/25/03 PRINCIPµ FEDERµ NATIONAL MTGASSN 31393C2C6 -570 SERIES 2033-49 CLASS SW 5.880 DUE 01/25/31 PRINCIPAL REDUCTN 09-2543 TOTµ $-159,157.227.06 5159,464,464.06 6090S£00 W9 027 1001103.1054 001 v813 EFTA01320791 rn IS IJ IJ b.) --3 0 -n C in r S0905£00- O19- ANGS BEAR STEARNS OFFCE SERMING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Macloon Avenue New York. New Yolk 10179 (212) 272.2000 10 a• Transaction Detail (continued) SIATriec IVACO 3300UGH ACCOUNT mAeER TAxPAYE0 Sae ALgtig 30.2003 Septembe 30. 2003 n lie INTEREST LAST STATEMENT Aug= 29.2003 WE OCSCRIPTKIN SYMIOLUISI, OLIOXIITT RUE I OM AMOUNT CRUM mew 09,92/03 AVG 8AL 488.921RT 0.325 128.15 021 CinCE INTERTST 0803 09/15/03 FEDERAL NOME LOAN MTG CORP SERFS 2471 CUSS 17 31392R61.10 1.0000 41.264.85 DUE 03n 92032 1.000 INTEREST PATIENT 0945.03 09115/03 FEDERAL HOME LOAN MTG CORP 31392T6E2 5.8800 141,140.15 SERFS 2483 CL Si. DUE 03/15,7032 5.880 eilERFST PAYMENT 09-15-03 09/15/03 FEDERAL HOME LOAN MTG CORP 313921/32 6.8800 143.107.41 SERFS 2488 CLASS SO DUE 03n52032 6.880 MEREST PAYNENT 09-15-03 09/15/03 FEDERAL NOME LOAN MEG CORP 31393FAF3 &2800 168,159.56 SERIES 2530 CLASS SE WE 02/15/2032 6.280 NT RA) 08-03 ND 094543 REPO P 6I 6.2900 09/15/03 FEDERAL NOME LOAN MTG CORP 31393FGB6 5.8800 67.545.40 SERIES 2526 CLASS Si WE 02/15/2032 5.880 MEREST PAYMENT 09-15-03 09/75873 FAN NIE MAE CMO/SEPJES 2002-82 31392F573 6.9300 98.763.24 SCUD FITR DUE 10/2512031 6.930 INTEREST PATIENT 09-25433 09/25/03 FEDERAL NATIONAL MTG ASSN 31393C2C6 5.8800 102.692.4D SERFS 2033-49 CUSS SW DUE 01/25/2033 5.860 INTEREST PAYMENT 09-25-03 TOTAL 5762.607.16 027 100103 10 54 COI 9111 -1.00U3N ITS wmccor M.&0 StA31.13m9 Oar. 3bwre 5«triti Corp. Coo meraec, Com Volt, Beccer. Veto rca 11101-3859 2ID 272.1:00 FINANCIAL TRUST CO INC EFTA01320792