EFTA Document EFTA01321456

Statements CONFIDENTIAL SDNYGM,351601 EFTA ,224293 EFTA01321456 O.LAMD RESOLCH ITS %MOLLY OANtO SUOMIXARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272-2000 ACCOUNT ECECUTIVE ZICTIERMAN.IRA IEtEMENE VISIT OUR WERSIEE Awre.bearsteams.com What's In This Statement Ii, ,ll111111111 Financial Summary 3 FINANCIAL TRUST COMPANY INC You Portfolio Holdings 4 CIO AMERICAN YACHT HARBOR • Transaction Detail 5 6100 RED HOOK SUITE B-3 Trades Not Yet Settled 7 QUARTERS #2 0 Your Messages 7 ST THOMAS VI 00802 E I C m Your Portfolio at a Glance OF TOTAL VALUE SECURITIES 1146 PERIOD 39.407.916 Market Value of Your Portfolio Can a (covalent — 5612•163 5606.975 NET CREDO BALANCE 672.183 139.407.616 139.219.023 NET COURT TEM PERIOD $40.080.099 MN Cu Sae mstkat rate r NET EQUIlY UST STATEMENT CHANGE SINCE UST STATEMENT 39.725.998 354.101 MN Leal Staternenes mance value ZO9TSEOCIA19- ANGS Mere are no *Stop Loss' orders or other pending buy or sell open orders on Me for your account. IRAs Awl any STARR* et roweaLlat ar was a' OAR.. Feared a 4W-end b b ChM SerAtneC04.14.10t am% b Ololt Somas Al LW, Slurs Lena Ces.. Ore MERRION CARA Nwit O'.c4". 20 4055. am Sans Sect on Cap. Dw Mentatn Craw Soli ROM ER Sao York 112014150 I:2721 27240:0 FINANCIAL TRUST COMPANY INC sTenteeerr eemco Pkrnarnbet 29, 2003 TritOuan DrownOm 31.2003 ACCCOR RAMER 038-66068 102 TAXPAYER 12.0.43ER On Ale LAST STATESEET Naamber 28.2003 can ...mnart 4 Ice ercermaseul papa oYy. 2 4 as moms 55 a RE EPORWR ln lever, ewe ne reams M younone see mere, WI ler 724aUft loteresk. C27 01/02.0.12,S. COI Important Message It any anfonnation regardiv 2003interest. dividends. rriscelleneous income. Toss proceeds C. C.I94121 issue discount is required to be reported to use IRS for this account. a Consolidated Form 1099 will be mailed to you by February 2.2C04or a 10425 by March 15,2004. \ 11a EFTA01321457 &Path TIMOtral VelOtLY OW.CD 11.12SOARY eas. 2140”. Sauna Ca. Ont 124110110 CsYI MT Croce" W. at 20 22.441 Ina 272.11:0) FINANOAL TRUST COMPANY INC rn 8 IJ b.) 0 z m 0 m z H r £09TSEOCIND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 01/0104.1214 001 V018 EFTA01321458 BEAR STEARNS OFFICE StilVitew YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Macison Avenue New York. New Yak 10179 (212) 272-2000 3 Cash Flow Analysis nes moo Income Summary MS PICen) Yen 10 DATE Opening Ba lance 5506.974.66 Oho:lends 168063.20 708,950.11 Substitute Payment 0.00 194,747.20 Olvelencisanterest 165.274.40 Creak Balance Int. 211.20 1.70780 Amount Credited $165.274.40 Total $165.274.40 5905.405.21 Funds Withdrawn 46.00 Marys Inc. Paid 0.03 -44,989.13 -n Amount Debited 5-66.00 Not Cash Activity 165.208A0 Portfolio Composition C in Closin9Balance 5672 183.06 One dee nun al an tan ban nem en MN Inn in lea seam an tninern an* me den. br rieralw Vareben ber noes br Tenon. Den Cash/Cash Equivalent Equkies 672.183 39.407.916 Total 540080.099 r t709T SEOCIN9-ANGS b.) IJ IJ Cash Balance Summary Gnat mac Cash 246.53 672,183.06 Margin 506.728.13 0.00 Nat Cash Balance 5506.974.66 1672.183.06 027 0101.04.1254 001 CLEAREO 0410UOT IS We01.1.Y &AEI) SULTSCANY Ilete. Stein Scenes On. Ore IlenteCh One 14:02 Irony) tyre et 20 3659 am 212.1000 FINANCIAL TRUST COMPANY INC STATINCET tteco Inernbel 29.2003 bet0L)311 occemwr 31.2903 2.020.20 WATER me-0056 472 MOAK* AtAren On T00 mat STATenrt 'anytime. 26. 2003 Your Portfolio Allocation Mamas 99% Venn >wipe Onto eeeir nen ante ear nubs bin 12* Scorn eercenne 4 4•00.4 ton Vs sabre nen a. a bur pan. YSIS EFTA01321459 0 -n C in r SO9TSEOCIN9- ANGS 8 IJ IJ b.) BUR STURNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Manson AVOW Now York. New WA 10179 (212) 272.2000 4 et Your Portfolio Holdings STATEPAENT PDX00 IMPUGN ACCOurit ww601 Hamner 29.2003 O9 n150. 31, 2003 038-66056 372 CASH & CASH EQUIVALENTS 7604,26 MAIM, LAST STATEuest On Flo Noverrter 28.2003 MMI4E1 ESTRUM) 0.161£10 OtSCRIP606 SvunCOCU5i7 ax0.7r. PRC( Walt LWUµ WOW 11110 OCI CASH BALANCE 672.183 TOTAL CASH & CASH EQUIVALENTS 5672.183 EQUITIES Equities & Options WPM [snout° 056Cra OLSCRIFICA SONIOUCL616 nn amen Pqra YAWL •WIWE WOVE MO 00 FLEYTRDNICS INTERNATIONAL FLEX CASH 100.000 14.8400 1.484.000 Lm GALYANS TRADING INC GLYN CASH 150,000 12.0400 1.806.000 MBNA CORP NRB CASH 1,000,000 24.8500 24.850.000 400.000 1.6097 TYCO IITIERNATIONAL LTD 'NC CASH 100000 26.5000 2.650.000 5,000 0.1887 VECTOR GROUP LTD VGR CASH 412.658 16.3200 6.734.579 660.253 9.8039 SENT1GEN HOLDING CP RSTD 9380646 ^ASH 333.334 5.6500 1.883.337 Total Equities& Options 539.407.916 51,065.253 TOTAL EQUITIES 539.407.916 51,065.253 YOUR TOTAL ESTIMATED ANNUAL INCOME $1.065.253 YOUR PRICEDPORTFOLIOHOLDINGS 540,080.099 CLDACD 1HICOCOI YAWN OS 812251Way W, Ron Seaman Cop Ov IkticOich Carnet NOT Broatha. IMYM 117014439 (2121 272.1000 FINANCIAL TRUST CC6tPANY INC • CQ7 060104.12:54 001 Vtla EFTA01321460 (-) 0 m cim H r 909TSEOCIND- ANGS IJ IJ IJ 00 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Irc. 383 Madison Amalie New Yak. New York 10179 (212) 272-2C00 5 ?I 7 SEARED neOuce. In %tear Dube DarectApe Elev.Seen steam. Coo oft Patinceen Caret Nee lecokn. New Yen in:O1485O R121272'1OOO FINANCML TRUST COMPANY INC STATEWNT PERKO Waffles 21.2003 Transaction Detail INVESTMENT ACTIVITY SE11111100 IRAN DATE DOT TRANSACTION otSeownse StositutuNP TNROLION erecter PAMIR leorsAne wage LAST irrATIDNee auUtort PIN'S oar MOM! December 31, 2003 03846056 en Co Fie Norte 28.2003 Caton wawa 12/0503 JOURNAL FLEXTRONICS INTERNATIOW41. FIE( 100,000 12/05/03 JOURNAL LTD JOURNAL FROM TYPE 2 TOT GALYANS TRADING INC GLYN 1500:0 12/05103 JOURNAL JOURNAL FROM TYPE 2 TO 1 MBNA CORP KIM 1,000,000 12105/03 JOURNAL JOURNAL FROM TYPE 2 TOT TYCO INTERNATIONAL LTD TYC 100.000 12105/03 JOURNAL JOURNAL FROM TYPE 2 T01 VECTOR GROUP LTD VGR 412,658 12/05/03 JOURNAL JOURNAL FROM TYPE 2 TO 1 RECIROMICS INTERNATIONAL RDI -100.000 12/05)03 JOURNAL LTD JOURNAL FROM TYPE 2 TO 1 GALYANS TRADING INC GLYN -150,000 12105/03 JOURNAL JOURNAL FROM TYPE 2 TO I MBNA CORP KRB .1,000.000 12/05/03 JOURNAL JOURNAL FROM TYPE 2 TO 1 TYCO INTERNATIONAL LTD TYC -100,000 1205/03 JOURNAL JOURNAL FROM TYPE 2 T01 VECTOR GROUP LTD VGR -412.658 50.,PI.A1E031/ TYPE 2 -0 I TOTAL co, otenewlest oN Ylla EFTA01321461 CLEARED THROW>. la vorear Clore NSW C) -n z C in z -H r LO9TSEOCIN9- ANGS 8 IJ Iv) IJ BEAR STEARNS cfnct SERVICING YOUR ACCOUNT Bear. Stems di Ca. kw. 383 Madison Avenue New York. New York 10179 (212) 272.2000 6 a 7 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS art 12/03/03 CHECK CK *MT4 58385 maxim otsconow Car S CAM S HYPERON PARTNERS II 66.00 TOTAL 566.00 DIVIDENDS out oactimen 12/30/03 VECTOR (-COUP LID REC is - PAY 1240/03 TOTAL yo.mb.tlae Carat Mel IP leer. Winn swarms Co. QeIlyerotech Carr tan bait" Nag Yea 112014410 1212) 2181000 FINANCIAL TRUST COMPANY INC STAVErter PER00 November 29. 2003 "a000n nesvnitHe 31. 2003 Adcourd NJVSe4 036.66056 102 Mine= WOOER On Flk LAST STATtwfm rummer 29.2003 CROXI AMOUR 412.658 0.4000 165.053.20 $165.063.20 INTEREST oat ocsawrow 12/22/03 INTEREST ON CREDIT BALANCE ACCT 038-56056 AT 00.600309 1101 - 12/20 TOTAL SYMIIOLOJNY : C0ICIT AlJiate 211.20 MISCELLANEOUS wet UOMAY TRAINACYCN 12/05,03 JOURNAL otscAtnew JOURNAL FROM TYPE 2 701 12/05/03 JOURNAL TOTAL COAT AVOLer 04200 MICLNI 506.728.13 JOURNAL FROM TYPE 2 r ' 506.728.13 5.506.728.13 S506,728 13 027 ovolkm.its4 001 Wria EFTA01321462 0 m cim r 209TS£00- O1D- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sem, Stearns & Co. Inc. 383 Mason Avenue New York. New York 10179 (212) 272-2000 Trades Executed Pending Settlement 20110/fla IRAM CAM 01105/04 12/29/03 BOUG4T T0.062211,4 MUM MA crattutUSP 00404MY CUOMO 1)220Laaant WHOU. 0204CD Sa.SOKR2 Ie. Sierra Socu114s DOtp- an Veretto cots fin OtcOak am at 20 125.9 12121272.1020 FINANCIAL TRUST COMPANY INC ttrATIDADO effect Nmmber 29.2003 neeOuen 00000e 31.2003 AO:COCF OMAR 03048056 X72 TAXPAYER 22.11402 On rde LAST rrAretarr Ibrembee 26.2003 DES' ;AQUI,' 02(01 2310.00 WIL0ST FIN !TAO CUR! IkNST CL UNSOLICITED 62003122905955 I 100,000.00 3.2300 323.000.00 5323.000.00 50.00 Your messages IOW As part of the National Association of Securities Dealers (NASD) Investor Education Program, you may obtain information on the NASD'S Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the intemet address which is vmw.nasCr.com. In adEtion, a brochure explaining the Public Disclosure Program is available from the NASD upon request. [LW Excess SIPC Account Protection Update Bear. Stearns Securities Corp. MSC), a member of the Securities Investor Protection Corporation (-SIPC). provides account protection for the net equity of a customers funds and securities positions. SIPC provides 6600.000 of primary net equity protection, including 9100.000 for claims for cash (-SIPC Coverage). Visit vainv.sipc.org for more information about SIPC Coverage. BSSC provides the additional protection CExceSS SIPC1 through a commercial insurer, Effective February 16. 2004. the commercial insurer for Excess SIPC will change to Customer Asset Protection Company MAPCO,. a licensed New Yak insurance company, Account protection applies when a SIPC member firm falls financially and is unable to meet its obligations to its sectnties customers, but does not apply to losses from the rise or fall in the market value of investments or to SEC ineligible assets such as options. futures. foreign exchange transactions, or any investment contracts that are not registered as securities. 027 01211/04:1234 061 2010 EFTA01321463 CLEARED THROUGH ITS es1.0t1V OWED SUSSObutv rn IJ IJ -F- 0 0 TZ E I C in r 609TSEOCIND- ANGS BEAR STEARNS OFFCE SERVICl/46 YOUR ACCOUNT Bear. Steams b Co. K. 383 Madison MEMO Nevi York. New York 10179 (212) 272-2C00 ACCOUNT ECECUTNE ZICHERMANIRA TELEPHONE (212)272-4189 WA OUR MOSHE VAW/.00a1Stell111S.COM What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 5 Your Portfolio at a Glance TOTAL VALUE OF sEcuernEs THIS PERIM 39.219.023 NET CREW BALANCE 506.975 NeT SOWN UM PIMOO 539.725.998 NET ECM' LAST STATEMENT 39,133,017 CHANGE SINCE UST STATEMENT 592.981 There me no 'Stop loss orders or other pending buy or sell open orders on file for your account. I 1111111111111 II II FINANCIAL TRUST COMPANY INC 00 AMERICAN YACHT HARBOR 6100 RED HOOK SUITE B-3 QUARTERS M2 ST THOMAS VI 00802 Market Value of Your Portfolio coo & 9506.975 S898.233 (gun*, — upon wry OW= et Knower* a -d, cc eicke. RAMS achennel bpA b el usa S aamm-mat vrte b OAR s., Y Sew Sun Sottibly Ca,. Tr Mertesch CARR 'AAA boxPor NY 201 MSS aorta market as Last stecernat market value =I Short market vabe Ow. Slant Siberleel Cab One Wrote., one ream bs NAP Tot 11201.3319 12123 2721000 FINANCIAL TRUST COMPANY INC STATEN:AT PER100 NoYernbtf 1.2003 TAROUCAI 1224PRWE 28.2003 ACCOJYT MAZER 030-86054 int TAXPAYER MAWER On File UR ETA1£14/27 October 31. 2003 539.219.023 538.570.534 : 5-335.750 stE M Envy S *X rbrmalAnal nape[ PHA t if ra Nett, an p to bettrrate. Ilbe unmet' snubs be mane la yew met* See mine veleta' ',wan lento,. 027 102940303 43 COI 1118 EFTA01321464 01.5att tilbarell ITS let1.12112 02.1410 SUBSOVAY Rs Sierra Smiles GYP On 1/1•0e1ech Carter Norm Sta41% N4t, at • 20 2059 12125 272.1203 FINANCIAL TRUST COMPANY INC 2 z m cim z H r OTTESE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE On 11/290206.0 001 EFTA01321465 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madsen Avenue Now York. Now York 10179 (212) 272.2000 3 co6 Cash Flow Analysis TIC PROD Income Summary IIat ICICO WAR 10 OAR Opening Balance 5898.233.13 Dividends 1,250.00 543.888.91 Stew.* Payment 0.00 194.747.20 Diviiendsanterest 1.498.53 Creek Balance IM 246.53 1,495.70 Amount credited 31498.53 Total 31.496.53 $740.130.81 0 Securities 8O 41 -392.755.00 Margin Int. Pad 0.00 .44,988.13 Amount Debited 5-392.755.00 ii Net Cash Actidty -391.258.47 Portfolio Composition Closing8alance 6508 974.66 CashiCash EqUteliBrot 506.975 MR* Sy linem el OSA NOSS Genus OBAB we AN IMAM AMA m S era gimlet a .40 a cola Iv at caw to Pt :so woo in timithas lama Equities 39.219.023 Total 539.725.998 r IT9TS£00-019-ANGS Cash Balance Summary OPIm‘G OCING Cash 47.806.28 246.53 Margin 547924.59 508,728.13 Short 302800.26 0.00 Net Caen Balance 5898.233.13 5505,974.86 027 II/2903M 43 001 MEM= TNItOLCIE 75 VaMmv PANED SUBSIDIARY See Ss SeSeMS Cap Dw Wu arch C WT — BrorAtm. Ilw Tort 11201.1159 (2121 272.1C00 FINANCIAL TRUST COMPANY INC STATEMENT PERM N0RIMer 1.2033 TINCLION Nerttenta 28. 2003 ACCOUNT /SR 03666056 X72 TAXPAYER MAWR On fie LAST rovraver Coot* 31.2003 Your Portfolio Allocation Cash a Equiraknt 1% Egutes 99% U•O•Old mien. emel• OS Warm rote men NSW BONA TM SA DORMION a OM., ton Go meoloot mono vow. GO yew P)1010. EFTA01321466 BB ‘R STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 393 Madison Avenue New Tat New York 10179 (212) 272-2000 4 de Your Portfolio Holdings CASH & CASH EQUIVALENTS O m MAMMON meow:use amens RRIY WSW ES1MATED CARE hi swat FNMA WOK MO 04 CASH BALANCE 506.975 TOTAL CASH & CASH EQUIVALENTS $506.975 EQUMES Equities & Options ACCT IAMPIET [SWAM GUMMI C Ot5CRPMPI SORKIJO.73. TTR 0.17811178 PILE VNIR AMPRIAL UWE YIELO fla FLOITRONICS INTERNATIONAL FLU MRGN 100,000 16.0300 1.603,000 in LTD GALYAN5 TRADING INC GLYN MRGN 150,000 13.3500 2.032.500 MBNA CD KRB MRGN 1.030.000 24.5200 24.520.000 400000 1.6313 TYCO INTERNATIONAL LTD TiC AARGN 103.003 22.9500 2.295,000 5.000 0.2179 VECTOR GROUP LTD VGR AARON 412.658 17.0000 7.015.186 660.253 9.4118 r SENTIGEN HOLDING CP RSTD 9380646 CASH 333.334 5.3500 1.783.337 Total Equities& Options 539.219.023 $1,065,253 TOTAL EQUITIES 539.219,023 51,065253 ZI9TS£00- 019- ANGS I8 b.) IJ .e- YOUR TOTAL ESTIMATED ANNUAL INCOME $1,065,253 YOUR PRICEDPORTFOLIOHOLDINGS 539.725.998 027 11/7803.0843 001 0.88780 not0u0.4 ITS vaiOuv 08040 SUS40,88y Sat Slums Smite, Co". Metraech Cars Wen fintOr. Nra ft t 11701.3859 C212I 772.1070 FINANCIAL TRUST COMPANY INC Srmaitwr PCP= Notentel 1. 2003 niltOur.o. Bowman! 29. 2003 ACCCOIT 88.8.889 01086016 X72 TratnnER MASER On Filo LMT STATEUINT 0c8:08, 31. 2003 EFTA01321467 0 z -n m z r EI9TS£00- O1D- ANGS BB:0-Z STU\RNS OFFICE SERVICING 1134RACCOUNT Bett, Stearm /1 Co. Inc. 383 Mackson Mt», Ne« York. New VO& 10179 (212) 272.2000 Transaction Detail INVESTMENT ACTNITY SE1111111017 DATE 11/20403 11/7/03 BCO3HT mimt DATE IPSISOCKAI DESOIPTCW HOWNGER INTERNATIONAL INC CL A COVER SØ. 511.120X1.519 HLR 0114/411TY 25.000 15.65000 0..FAREO TeRed-Cot vmmee owwro sonewnr tioce Sena. Sass On. Cm Ilse es mann BroolAn. New Yen 11201,3359 (2121 272.1070 FINANCIAL TRUST COMPANY INC Minen otroco Nenontor 1.2003 11.01.131( ACCOueiT Rabbi tozowetA wumm On Em tAST STATIST OCia asturr 392.755.00 Ilooente( 28.2003 038.65056 372 00009r 31.2003 Gnom Nicure TOTAL 5-392.755.00 DMDENDS DATE DESCRIFIDN 11/01/03 TØ INTERNATIONAL LTD REC 10001/03 PAV 11/01/03 TOTAL SWAOL/0.1519 WC DUMM Mit m 100.000 0.0125 ixen MUHT tam Aictert 1.250.00 31 250.00 INTEREST DAR DISCRIPTC41 11/21/03 IMEREST ON CREDIT BALANCE AT C 1'214 19;21 T, 91.: 77 TOTAL MW AROM CM »KAM 246.53 S246.53 MISCELLANEOUS DATE toODAr tiUMACIKAI 11/03)03 JOURNAL CESOMPTCH MARK TO MARKET 33.249.00 Ger MOUNt e9f.00 AROM( 11/03/03 JOURN.N. MARK TO MARKET SKORT POS 33.249.00 11/10/03 JOURNAL MARK TO MARKET 10.250.00 027 1V2S01.43 031 W19 EFTA01321468 BEAR STEARNS OFFCE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 maarson Avenue Neer York. New Yak 10179 (212) 272-2000 6 Transaction Detail (continued) MISCELLANEOUS (covinued) OAR MOWN MANG/ClIai DESCRIPIION CCM nctla CFKOrl Avaa 11/10/03 JOURNAL MARK TO MARKET SHORT P05 10.250.00 11/17/03 JOURNAL MARX TO MARKET 8.499.00 0 11/17/03 11119103 JOURNAL JOURNAL MARK TO MARKET SHORT P05 JOURNAL FROM TYPE 1 TO 2 8.499.03 47.809.28 -n 11/19/03 11/20/03 JOURNAL JOURNAL JOURNAL FROM TYPE 1 T02 JOURNAL FROM TYPE 2 TO 5 22.254.74 47,808.28 11/20/03 11/24/03 11/24/03 JOURNAL JOURNAL JOURNAL JOURNAL FROM TYPE 270 5 MARK TO MARKET MARK TO MARKET SHORT POS 33.000.00 22.254.74 33.000.00 C in TOTAL 5-155.051.02 Si 55,061.02 r VT9TSEOCIN9- ANGS I8 IJ IJ $'• STOP End of Statement 027 118/034843 001 CILutCO 114,000.4 n vatcla MHO) 8098StkARY ter Sten SaulOn Cop. 0'MelKtc01 cuts *MI I983,01% Mrs Tot 112014859 012128.1000 FINANCIAL TRUST COMPANY INC STATUCiT PEIVOD Hatt 1.2003 naCOON Naeber 28. 2003 papa wwww 038-66056 122 TAXPAYER µ/l6/0 On FM OAST STAITIala Octotta 31.2003 EFTA01321469 rakel T9RCOCIM CIS watt ant= SOBSJOVRY BEAR STEARNS OFFICE SERviCmG YOUR ACCOLTut Beat. Steams 8 Co. Inc. 383 Modiste, Avow, New York, New York 10179 (212) 272-2000 Sear Sten Satutatt Cap. QM lailcasen Craw Math Omaha Mew Mat 11201.3859 Gra 2724 FINANCIAL TRUST COMPANY INC AOCCIPIT EXECUTIVE ZICHERMAN.IRA TELEPHONE (212)272-4189 VISIT OUR WEBSTIC www.bearsteams.can SIATOMPa PtPICO OCIOalf 1.2003 nee34200 OctOter 31.7003 A000.22.1 POWER 03846056 272 What's In This Statement Financial Summary 3 11111111,11.1111 I I FINANCIAL TRUST COMPANY INC TAXPAtti1 NASA On De LAST STATEMENT So weber 30.2033 Your Portfolio Holdings 4 CO AMERICAN YACHT HARBOR • Transaction Detail 6 6100 RED HOOK SURE 8-3 QUARTERS #2 0 -n C rn r ST9TSEOCIND- ANGS ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURMES THIS PERIOD 38.234.784 Market Value of Your Portfolio as& & Do waism 1 5688.233 020.761 NET CREDO BALANCE 898233 Equities 838.570.534 : 5-335,750 535.284.778 : S-308.750 PC Emmy THIS PIERIOD 538133.017 Current market vatic NET EOUITY LAST STATEMENT 35.796.789 1.! Last statements 'reek% value (=I SINAI whet velue CHANGE SINCE LAST STATEMENT 3.336.229 There are no 'Stop Los( orders or other pending buy or sell open orders on rile for your account. rant few, as Care-eecnatecratic 01 red. Of MOH. attanle M Ceetred ID pat It Clem Satan s 8:0414, 424 are a Can &oval a Mw Ion Stankcs afire 1/811Camat IM IMMO, Pay. N rot band at allic Sant ma Medd M Maimed to 'S r teeerle Ss Own ado far Pena Mcial100. 02/ 1101003:1402 COI Y018 EFTA01321470 GUARS) 0.010u0n ITS 'w1Cµv OWED 0u89011/1v M. Satire Sautes Cap. Om LWOW, Collet Atm A'ea1P• µu Vat 11X11.1650 121212721000 FINANCIAL TRUST COMPANY INC 2 0, e 0 z ii C in z -H r 9T9TSEOCIA19- ANGS 8 IJ 1.2 000 00 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 11/01212.14,02 001 viii EFTA01321471 IT1 8 b.) IJ .P. BEAR STEARNS Officf sunriCING YOUR ACCOUNT Bear. Steams 8 Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272-2000 0 3 ur Cash Flow Analysis THIS PO= Income Summary Dos VIM TO 01.22 OpeningBalance Funds Depcsted DindendsArosnest Ifiscolleneoms Arnount Credlted 5820.760.61 21.500.00 100.216.45 6.07 5121.722.52 Cimdends Subsdate Payment Credit Balance Int Total Margin Int. Pail 100000.00 0.00 216.45 5100.216.45 0.00 542.636.91 190.747.20 1.250.17 5738.634.28 -44,988.13 -n Funds Withrlyren DividentAnterest Charged .43,003.00 .1,250.00 Portfolio Composition C Amount Debited 5.44.250.00 van LOW in Net Cash Aahty 71.472.52 Casisr,ash Equnalem 898.233 z Closing Balance 5898.233.13 &pities 335,750 38,570.530 Total 5335.750 539,468.767 Sr. by ranee el wen tame &Cool twee St I MOAN h r LT9TSECICIND- ANGS mast tungen. as an a MAT fl ees Vrndn EY point nem h Trannelen Cash Balance Summary OPONC 0.03245 Cash 69.091.83 47.80928 047,668.52 547.924.59 Short 304.003.26 302.500.26 Net CashBatence 5820.760.61 $898.233.13 027 Immo:latex 001 CLENIF-0 t ai as V.199119 CeInTlp WISOWXY Dan 54enea Slanten Corn Oen I_ d Calm North Onniclen Mar eta 11201.3559 222-1000 FINANCIAL TRUST COMPANY INC IITATENEXT PERCO OCICte 1.2003 MIIWeM Octeber 31.2003 mecum Teleallie ose-eeose x72 TAXPAY01 Marie on rile LAST StAttiaten Septeenbef 30.2003 Your Portfolio Allocation taxies 97% L., INCed Vela% flea. 6.5.3 benne al.YO. Vat navel vSus The newton pirCentRa aon.] IT ne 'nen* eerie nom el — panne EFTA01321472 0 I En-COO-Vida BEAR STERNS OFFICE SERVCING YOUR ACCOUNT Bete, Stearns & Co. Inc. 383 Madison Avenue New York. New Yea 10179 (212) 272-2000 0 ae Your Portfolio Holdings CASH & CASH EQUIVALENTS 0 -n ccsonenca MAGOLOSP OUM1Ty PAM VARLET ISTIVATED CZAREhl Y4IF AMM MM. MD nu COMM MD CV CASH BALANCE 698.233 TOTAL CASH & CASH EQUIVALENTS 5898.233 EQUMES Equities & Options IXSCRSMN SYMOL/CUSIP ACCT ME 011WillY Pt WPM YAM IMAM ANNUA: NOME C FLEXTRONICS INTERNATIONAL FLOC IARGN 100.000 14.0000 1.400.000 in LTD GALYANS TRADING INC GLYN IIRGN 150.000 13.1100 1.966,500 HOLUNGER INTERNADONAL INC HLR SHRT -25.000 13.4300 -335350 4.000 1.4892 CL A MEINA CORP ORB MRGN 1.000.000 24.7500 24.750.000 400.000 1.6162 r TYCO INTERNATIONAL LTD VECTOR GROUP LID TYC VGR MRGN MRGN 100,000 412.658 20.8800 15.7500 2.088.000 8.499.364 5.030 660.253 0.2395 10.1587 SENTIGEN HOLDING CP RSTD 9380848 CASH 333.334 5.6000 1.866.870 Torsi Equities& Options 538.234,784 51.060.253 TOTAL EQUMES 538.234.784 51.060.253 _ MT SEGO INS ANGS YOUR TOTAL ESTIMATED ANNUAL INCOME 51,060.253 YOUR PRICED PORTFOLIOHOLDINGS 539.133.017 027 11/311C0:14M C01 CLEMEO TiM34.0. pis MOW/ Omal) AMMAN, Bur. s_ Leaps Mp. Ott Mtreirch en.. POMP erpoltri. W. Ytlt 11201.3$U 1212P 2724000 FINANCIAL TRUST COMPANY INC STAMM." n.. 13:0)00t 1.2003 THROLM Oxon 31.2003 accourr %AMR 03146056 ni IMM.133 MAMA On File LAST mitunT Septerreer 30.2003 EFTA01321473 I I EtZZOO- V1.43 0 -n C in r 6T9TS£00 IN9 ANDS BU AR STURNS COME SERvioNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Macron Avenue New York. New York 10179 1212) 272.2000 5 Cl' Transaction Detail ACCOurir WAWA 038.66056 X72 TAXPAYER Wu... On Fie DEPOSITS AND WITHDRAWALS LAST STAR:UDC Scooter 30.2003 CLEARED HIRCOGH ITS *POLLY OM= SURPOARY 1w. Sw StosbeS COPT Cr* *Ewa Can. Noll firatop. Nw Yea 112014•50 t212} 272.1000 FINANCIAL TRUST COMPANY INC STATINOCT Pomo worm 1.2003 TPROU0/4 October 3% 2003 OAR TRAICSACTION 0001W1pN OM AWAIT or= MO 10.09/03 10/10103 10/1003 CHECK CHECK DEPOSIT CK WARC33881380N ACCT FINANCIAL TRUST COMPANY CK WIAC3388940N ACCT GEORGE V CELSON CHECK REDEPOSIT MC330885 Efl TRUST COLVANY 21.500.00 21.500.00 217505.00 TOTAL 1.43.000.00 521.500.03 DIVIDENDS DAR cescrsoorr STIABOJCUSP COMMIT RATE ECM AMOR CREDO MWAT 100103 MERU CORP KRB 1.000.000 0.1000 100.000.00 REC 09/15/03 PAY 1000103 10/02/03 HOLLR1GER INTERNATIONAL INC ON CL A CHG 25000 Ste SHORT REC 10/01/03 PAY 1015.03 TOTAL HLR 1.250.00 5.1.250.00 $100.000.00 INTEREST OAR OESCOEPION 10/21/03 INTEREST ONCREON BALANCE AT 0 1/216 09/21 0401612o TOTAL 5216.45 SHIRO/CUSP RATE PO 0.5000 DOW MIOUNI cane mmun 216.4S 11,011/1114.02 001 PSIS EFTA01321474 BUkR STB1\RNS ()MOE SERVICIAG YON, ACCOUNT Sear. Stearns & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272-2000 Transaction Detail (continued) MISCELLANEOUS OAR maw twersAcncer CESSNA'S* OCNIMPOINt CREDO MOUNT 10.131/03 CASH-LJEU VECTOR GROUP LTD 6.07 CASH IN LIED Of .40000 REG 09/1 903 PAY 09/29/03 0 10106/03 10106/03 JOURNAL JOURNAL MARK TO MARKET MARK TO MARKET SHORT POS 8,249.00 8,249.00 m 10/13/03 10/13/03 JOURNAL JOURNAL MARK TO MARKET MARK TO MARKET SHORT POS 1.500.00 1.500.00 10/20/03 JOURNAL MARK TO MARKET 3,249.00 cim 10/20/03 10/27/03 JOURNAL JOURNAL MARK TO MARKET SHORT POS MARK TO MARKET 3.249.00 6.750 00 10(27/03 JOURNAL MARK TO MARKET SEC: 6.750.00 TOTAL S-19.748.00 319.754.07 H r End of Statement OZ9ISEOCIND- ANGS 027 CLEANED THROWN as SMOLLs ONNEC. SuSSOsAY Peas San Steads Cop Oee 1107o--h Soda nbs% Iscoltp. Mrs at 11201.3459 12121 272.1003 FINANCIAL TRUST COMPANY INC STATNAINT PERKO Octets, 1. 2033 rieteses 0cto0u 31.7003 ACCCCM v1.11eIR 030-64058 X72 TAppAnst KAMER 0% Ti, uas Snick* NY SEptAnter 30.2003 11.01/031402 001 Nle EFTA01321475 CLEARER RETOUCH ITS YMOU.Y omco SUBSOMY m C in r TZ9TSEOCIN9- ANGS 8 IJ IJ BEAR STEARNS OFFICE SEFMCNG YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New MM. New York 10179 (212) 272-2CO0 ACCOUNT EOCUTIVE DCHERMAKIRA TELEPHONE (212)272-4189 VISIT OUR WEBSITE www.bearsteams avr. What's In This Statement rmancial Summary 3 Your Portfolio He dings 4 Transaction Detail Your Messages 7 Your Portfolio at a Glance TOTAL VALUE OF SECURNES THIS PEPtO 34.976.028 NET CROFT BALANCE 820.761 HET NUM THIS PERKO 535.796.789 NET EQUITY LAST STATEMENT 35.823.961 CNA 71CA SINCE LAST STATEMENT .27.173 There are no *Stop LOSS' orders or other petting buy or sell open ciders on file for your account. I I FINANCIAL TRUST COMPANY INC CEO AMERICAN YACHT HARBOR • 6100 RED HOOK SUITE B-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio cash, Epiraien: 5820361 SM14.703 Eames Par men sty encores or rontwoot a dyne et Slat TOMS Pt Moored b tot It CORI &Wass 1024JAII2t works lo pen SeAreeosillow. *era Eacynes C09. Coo WS* Cent Nett Intlelmo. RV. I 120401. 535.284.778 $35.542.758 Its Oat market mixt last stemmata mane value Stan menet mire Bear. Noir* SMART/ C . Coo MST* CRUX NOM Omar 'A WA 11201.10a0 I212) 272.1020 FINANCIAL TRUST COMPANY INC STATEMENT nOtC0 Acgt-rst 30.2003 laIRRUCti Septette 30.2003 ACOOLTIT NIARIER TAXPAYER µ.AER LAST STATCWIr S•308.750 5-313.500 03846056 172 On rue Pasant 39.2003 Important Message Bear Steams s pleased to annotaicootr comoisicc to a Sends month-end statement. EttectNe this month. your account statement reflects an actMty and account valuabon ma to and inducing the last business day or the month. Ssla TITS ;Walley a Ice Intrilltkent pallialeg Enjoin ra memo enter mans< 11* Rittman *ROT be retire IR year total. EH man ode In reetsi enteral= 027 100103,1121 001 VEI13 EFTA01321476 CU/AO MK:WM TTS WHOLLY CIMCD INOSIOVOY Belt Sir* SdMae CM One Wareloch Cnn Ny0, Staley% Nix Vow 11201-1M9 C2123 2)2.1000 FINANCIAL TRUST COMPANY INC VII ft7ZZOO- V143 O z m cim z H r ZZ9TS£00 IND ANDS STATEMENT BACKER IS PRINTED ON THIS PAGE MT 1001/01:1121 V813 EFTA01321477 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns b Co. Inc. 383 Madison Avenue New Yak. New Yak 10179 (212) 272-2CCO 3 a s Cash Flow Analysis ms Pomo Income Summary THIS PEW° SPALOOnt Opening Balance 5594.703.22 Dividends 157.203.20 442.636.91 Substiorte Potent 0.00 194,747.20 Fads Deposited 68.733.00 Omit Balance Int. 121.19 1,033.72 [Addends/Interest 157.324.39 Total 5157.324.39 5638.417.83 Amount Credited $228,057.39 Margin Int PS 0.00 .44.988.13 -n Net Cash Activity 226,057.39 tiosingaidana 5820.760.61 Sere Lee franerres rime ewer saws bye! ve roc related MOW Portfolio Composition Met errs Weirs. erne ea arse b. et caw tireveree ft 'Met C in now r Tramaarm Sera Cash/Cash Equivalent Equties SHCRI 308.750 ICIS4 820.761 35.284.778 Cash Balance Summary cpmw CLOSING Total 5308.760 535.105.539 Cash 237.64 6%091.83 r Megan Seco 291,966.32 302.499.26 447,668.52 304.0043.26 NetCash Balance $594,703.22 5820.760.61 EZ9TS£00- 019- ANGS I8 IJ IJ 021 ICA31103:11'21 COI ULU= TI4POIXIII rte SMOLT, &MED SUSLOWtY Ste Stan Stara. On Cm* Werattei Cole Neln WOW" Ni. Yeti 112014110 MP) 2121000 FINANCIAL TRUST COMPANY INC TAMILS'! nano August 30.2003 rstreCOSs September 30. 2003 ACCOUNT rAA/13ES 038.66056 972 TLIMArte r•JUSER On Fee LAST STAMare &9,S 29. 2033 Your Portfolio Allocation uniasie own <row set sib?. met. ca n mese: 'rapes The eireacr Lostroce a Mered Irate re Stat..* meter rate or rev :orbit EFTA01321478 WARM miCoSs :n mOu.Y Ovnie0 SuSS/088v 0 TZ E I 5 m r VZ9TSEOCIN9- ANGS 8 b.) b.) BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Int. 383 Madison Avenue New York. New York 10179 (212) 272-2000 4 ces Your Portfolio Holdings CASH & CASH EQUIVALENTS CESCRPrOy CASH BALANCE TOTAL CASH & CASH EQUIVALENTS $620,761 SY880t/C858. 1.410R ESMIATED CUltkOn COneT:rt Met YALUt AMINE INCCM rELD it 820.761 EQUITIES Equities & Options ACC, OW PIMA= 0.38830 Disarmer 3.1.01.103910 Mt OUNMT/ M M CC VALUE AMMOPODIA ntro n9 ELECTRONICS INTERNATIONAL FLEX PARCH 100.000 14.1800 1.418,000 LID GALYANS TRADING INC GLYN 1ARGN 150.000 10.2100 1.531,500 NOLUNGER INTERNATIONAL INC MR SHR1 .25.000 12.3500 -308.750 -5,000 1.6194 Cr. A MBNA CCRP KRB PARGN 1.000000 22.8000 22.800.000 400.000 1.7544 TYCO INTERNATIONAL LTD TYC WIRGN 103.030 20.4300 2.043.000 5,000 0.2447 VECTOR GROUP LTD VGR MRGN 412.658 14.4000 5.942.275 660.253 11.1111 SENTIGEN HOLDING OP RSTD Total Equities& Options 534.976.028 51.060253 TOTAL EQUITIES 834.976.028 $1.060.253 9380546 CASH 333.334 4.6500 1.550.003 YOUR TOTAL ESTIMATED ANNUAL INCOME 51 .060.253 YOUR PRICEDPORTFCLIOHOLDINGS 535,796.789 027 888. Wont Seckams 087.. 0.• Mootedth Ca Soli encarre. key Vat 11291.]859 OW 272.180) FINANCIAL TRUST COMPANY INC !rumen P0800 Aupst 30. 2003 MIOUGut Septierptra 30.2003 AC0:083 inaseER 038-66056 X12 TWAY." .4.4e0 On Fat LAST STATOPENT Majtal 29.2003 1001431121 001 V813 EFTA01321479 AWED THROW.. MS twOuLY Ovire SWIROmitT -n C in r SZ9TSEOCIN9- ANGS 8 IJ IJ BEAR STEARNS OFFICE SERVICIG YOUR ACCOUNT Sear. Steams dr Co. Ix. 383 Madison Avenue Now York. Now York 10179 (212) 272.2000 5 en Transaction Detail INVESTMENT ACTIVITY SETRVADR DATE 09129/03 09/19/03 BOUGHT TRACE DAR TRAMACI1CM DISCAINEM VECTOR GROUP LTD SEE NOTE'S' ON BACK SIX DIV ON 393008 MIS REC 09/9413 PAY 0912945.3 AS OF 04019I03 syveartusy VGR OUNITI1T 19.850 p-cc Mar San - Ow. 0-c Menceen Cam Ma Omar. Ion TM 112011/69 at21 212.1000 FINANCIAL TRUST COMPANY INC MITEMM(l •EMOD August 30.2003 TMOLISH SIMIAMMIX 30.2003 ACCOUNT KAMM 03666056 172 TAxImER MASA On FIe LAST STATOW/T August 29.2003 OMIT AMOUNT CREW MOM TOTAL DEPOSITS AND WITHDRAWALS IMO MANS/MIN DISCS:PTO, 09/22/03 FUNDS REC INDS WIRED TO CITIBANX FROM MORGAN STANLEY . CO. NC. LCT32655221600 TOTAL OMIT IMWIT OMIT Melia 88.733.00 388.733 00 DIVIDENDS omt oesownoe 09/29/03 VECTOR GROUP LTD REC 09/19/03 PAY 09/29.03 TOTAL MulsOUCURP VGR o.urrn-r PAN 393.008 0.4000 OEM Am3t0 CMDU ANOUNT 157203.20 5157.203.20 On reonio3:1 z) 001 NI13 EFTA01321480 49.4880 TrolOVCku ~TY CNINGO SIAS VARY TZ F I ThUaltACTOW oisciemoN one mom CRmll iTsr 1.100.1Y 09/02/03 JOURNAL MARK TO MARKET 11.000.00 in 09/02/03 09/08/03 JOURNAL JOURNAL MARK TO MARKET SHORT POS MARK TO MARKET 9.750.00 no:o.00 09/08/03 JOURNAL MARK TO MARKET SHORT POS 9.750.00 09/16/03 JOURNAL MARK TO MARKET 3.750.00 09/16/03 JOURNAL MARK TO MARKET SHORT POS 3.750.00 09/22/03 JOURNAL MARK TO MARKET 2.500.00 r 09/22/03 09/29/03 JOURNAL JOURNAL MARK TO MARKET SHORT P05 MARK TO MARKET 2.500.00 25.499.00 0929/03 JOURNAL MARK TO MARKET SHORT POS 25.499.00 TOTAL 5-52.499.00 552.499.00 BUNR STMRNS OFFICE SERVICING VOA ACCOUNT Um. Steams 6 Co. Inc. 383 Madison Avenue New Tod. New Tort 10179 (212) 272-2000 Transaction Detail (continued) INTEREST OM( DOCRP0011 09/22/03 INTEREST ON CREDIT BALANCE AT 0 1/2% 08/21 11IRU 09/20 TOTAL 5121.19 .9924.0322 OVAN70, ROC Iq Tar Ten Saran COT De Ileecash WNW NOT 11,0321. Neu York 11201.)859 tzi 23 27240:0 FINANCIAL TRUST COMPANY INC rumen PENCO Autos/ 30,2003 THROUGH Sege.mber 30 7003 ACCO.N7 r.weER 03846056 X72 TAXPAYER Kikk!NR On rue UST STATENENT August 29. 2003 mart AvarNT Me04.0 0.5000 121.19 MISCELLANEOUS 9Z9ISEOCIND- ANGS 021 10.01.00:1121 03f EFTA01321481 6IIPZZOOV1-43 0 m cim H r LZ9TS£00 IND ANDS BEAR STUMS CfnCE SERVICING YOUR ACCOUNT Beer, Steams & Co. Inc. 383 Mattson Avenue New York. New York 10179 (212) 272.2000 7 re Your messages Bear. Steams Securities Cap. Net Capital and Net Capital Requirements: At May 31, 2003 and July 31. 2003. the Company's net capital of approximately 42.4 billion and 43.0 billion was approximately 6% and 7% of aggegate debit items and exceeded the minimum regulatory net capital requirement of approximately 4799.5 million and 6904.4 mil on by approximately 31.6 billion and 62,1 billion, all respectively. A complete copy of the Bear, Stearns Securities Corp. Statement of Financial Condition is available on the web site www.bearsteams.com. ARematkely. to request a free printed copy please call • toll free 1-866-299.9331. CLEARED 71.0003/1 ITS MC.LY OATICO St110.0ART &a Dann Sauna Cap. Ont *moan Cann htsa fro/00 Nat Yon 11201.3859 T'2I 272.1coa FINANCIAL TRUST COMPANY INC STATO*UT 117/100 AugiSt 30.2003 Twit0Lx3i. StStemtei 302003 Amato sLAREA OSS-MOSS TAXPAYint m.seen On Tde LAST STAID/Da August 29.2003 Securities and other assets in your account are the firm's collateral for any margin loan made to you. If the securities and other assets in your scrotal decline in value. so does the vakie of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin can and/or sell securities a other assets in any of your accounts held with the memter, in order to maintain the required equity in the account. It is important that you fully understand the risks invoked in trading securities on margin. These risks include the followig: ' You can lose more rinds than you deposit in the margin account. • The firm can force the sale of securities a other assets In you account(s). ' The firm can sell you securities or other assets without contacting you. • You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call, ' The firm can increase its 'house' maintenance margin requirements at any time and is not required to provide you advance written notice. ' You are not entitled to an extension of time on a margin call. 027 1001;03.1121 001 0113 EFTA01321482 atOtta n440.04 rra WM1QIY 0.0420 SL.I.SiVARY z m cim z H r 8Z9TS£00- O19- ANGS IS IJ lJ IJ O IJ BEAR STERNS OFFICE SERVICING YOUR ACCOUNT Boat. Steams & Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212) 272-2000 STOP This statement is provided to explain Bear, Steams & Co. Inc.'s MSC" payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market fa such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (N880). BSC receives no cash payment a other consideration fa such order routing other than favorable executions or executions of limit orders at no LickfitiOnal charge. End of Statement kw. awe Stones C013. QM Metoaca Com fin litethn Ws cot 20 3559 C272)2724020 FINANCIAL TRUST COMPANY INC sTATI340.7 Pn000 Aupil 30.2003 mamas Seoternter 30.2003 ACcoteer mulKIER 03846056 102 TVCOMIER !oda,. On Fib V.1T liTATEMEVT Au9nt 29. 2003 Pursuant to SEC Rule 11Acl -6. please note the following: Bear. Steams & Co. Inc. will post Its quarterly routing statistics at the following web link: http://www.bearstearns.comi. Click on Individual Investor. Click on Equities, Click on Order Routing Practices. Customers of Bear. Steams & Co. Inc. may request information on any order executed within the prior six months from the time of the request. Specifically. you may request the identity of the venue to which the identified orders were routed for execution. whether the order was directed by you to that venue, and the time of the executions. if any, that resulted from such orders. 027 10701201.7 I 77 001 lelx EFTA01321483 rn 8 b.) b.) b.) 0 -n C rn r 6Z9TSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc 383 Madison Avenue NOW York. New York 10179 (212)272.2000 ACCOUNT EXECUTIVE ZICHERMAN.IRA TO/PHONE (212)272-4189 Mil OUR WEBSUE awettearsteams.«, What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail FINANCIAL TRUST COMPANY INC C/0 AMERICAN YACHT HARBOR 6100 RED HOOK suaE 8-3 QUARTERS #2 ST THOMAS VI 00802 CLEARED THROWN RS MeOus Ovien0 SUISCmire Int. Steps Sorttiess Ore Warmth Cour Nom Stag. Pear at 20 315E C21212/2-1000 FINANCIAL TRUST COMPANY INC PATEMENT naoo Jury 26. 2003 nnovOm Amaint 29. 2003 ACCONrer AVWSER 03846056 X72 IMPAYER NIJUSER On Ft LAST STAWIT Your Portfolio at a Glance Market Value of Your Portfolio TOTAL YALUf OF SECURPRES1116 POPO 35.229.258 Cash & COMM.*. _J 551°1303 5593.318 VET CREW BALANCE 594.703 EquSAS 535.542.758 9318500 536.161.059 5-273.500 NET EQUITY HO PIR100 535,823.961 IM Marta robs mho NET FOUST LAST STATEIAENT 36.480.877 last stints market Ma O Shen mat as CHANCE Ma LAST STATIMEAR -656.915 There are no 'Stop Loss* orders or other pending buy or sell open orders on file for your account. Pane Wet tory Carega or -*want el thee.* ndta. aloud n deilvend y{y. b OM! Serest N acomutrat cent) Club Se.e.es at Ber levy Ssibas Cap. Pm Wanted, C.,, hay) tbad),.. D. • JD NM Stc ens urinary es Tr tee-m.22ml atraints oar. X rs eet .[end men aannea. n14 utemen ate es waned * yew non,. So. rnerse ode IV inartal ntrrAnin 027 011001 13 45 001 347 25.2003 Important Message Bear Stearns 6 pleased to arnounce al corwerslon to a calendar month-end statement. Effecere SOPICInta 2003.PW aCCOunl Statement mill reflect a whiny and account valuation up to and ncludIng the last buSinelS day of the month. val 2 EFTA01321484 WARM TIMM., ITS VOIMLY ONNED SUISONRY Deer. Stens Smuts Cer, Ore - MY Mn bet^ Nett 'et 112014eS, ISM 272.1e00 FINANCIAL TRUST COMPANY INC 0 z m C m z H r 0E9ISE00- IND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 02? 01,003.13 ay 001 EFTA01321485 -n C in z r TE9TSEOCIN9- ANGS BEAR STEARNS OFFCE SERVICING YOUR ACCOUNT Bear, Stearns a Co. Inc. 383 Madison Avenue Neve York. New York 10179 (212) 272-2000 3 de Cash Flow Analysis has M Income Summary on Pao flan to net OpeningBalance $593.317.54 Dividends 1.250.00 285.433.71 Subsetute Payment 0.00 194.747.20 Diveenctsenterest 1,385.68 Craft Balance Int. 135.88 912.53 Amount Credited 51.385.68 Total 51.385.68 3481,093.44 Net Cash Acerity 1,385.68 Margin Int. Pad 0.00 -44.988.13 Closing Balance 5594,703.22 Sono flay hoot el omit toton saw* "poi as nal WONG NM e•cf arc au°, fl t - M NI (MS to Stew Nflaktflima SIMS. Wear it Trnacan DNS. Cash Balance Summary CPDOC CLOSING Cash 101.98 237.64 Mary 317.465.32 291.966.32 Short 275.750.26 302.499.26 Net Cash Balance 5593.317.54 5594.703.22 Portfolio Composition CashiCash Equvalent 38018 wiG 594.703 Equities 313,500 35,542.758 Total 1313,500 S36.137,461 Your Portfolio Allocation CLEARED 11.9101.01 Re vatus 0/16.90 WIDOONY bat s_ Sabel CoM Verown, Gina Nem •rocer. St. Tot 112014859 1218 212-1000 FINANCIAL TRUST COMPANY INC STAIWIPiT 8FROD July 26.2003 714.10V011 &5u2 29. 2CO3 income wil4888 03866056 872 INOMYEN MNBER Or, rte UST STAITNENT My 25 2003 offinufoci oolong Mlle ceof Wino ann. n.fot Via fl tuns orunafr M act.: Ton !hi abseil* quoin yof... of Ns 1.3401. 027 0183(8081385 031 EFTA01321486 BEAR STEARNS CCRCE SERVICING YOUR ACCOLINI Bete. Steams & Co. Inc. 383 Meson Avenue New York. New Yak 10179 (212) 272-2000 =AMP 130101/0. 218 %HOLLY Ove4ED etttlelm 6.e. Sees Sete Co.,. Ors Mete Carer Mn bee Ws York 11201- 3S . I212) 2124003 FINANCIAL TRUST COMPANY INC 4 ore Your Portfolio Holdings STATEMEM NAM Tweau lull 26. 2003 &lug 29.2003 .x0.0 MASS! 036-66056 372 CASH 8 CASH EQUIVALENTS TAXPArErt emeeart use seeservErrer On Fie Jurf 25. 2003 OISCAPIKA Si.ea,et.ste 0.10111rY Weal Met 1656.4030 WNW WW1 Neale ¶WWP ne CASH BALANCE 594.703 z m TOTAL CASH & CASH EQUIVALENTS 5594.703 EQUITIES Equities 8 Options /CU SWI Mee C OUGRMION MIKMUSIIT COMM MCC Vele M MMUM. NOME MEL CLIMMT D no rn z FLIDGRONIC-S INTERNATIONAL LTD GALYANS TRADING IC HOLUNGER INTERNATIONAL INC FIfl GLYN HUt MRGN MRGN SHRT 100,000 150.030 -25,000 13.4900 10.8310 12.5400 1.349.000 1.624.650 -313.500 -5,000 1.5949 CI. A MBNA CORP KRB MRGN 1.000.030 23.3400 23.340.000 400,000 1.7138 r TYCO INTERNATIONAL LTD VECTOR GROUP LTD VGR MRGN AARON 100,000 393.008 20.5800 14.4300 2.058.000 5,000 5.671.105 628.813 0.2430 11.0880 SENTIGEN HOLDING CP RSTD 9380646 CASH 333.334 4.5000 1.500.003 Total Equities& Options 535.229.258 51.028.813 TOTAL EQUITIES 535.229.258 51.028813 ZE9TSEOCIND- ANGS I IJ IN IJ IJ YOUR TOTAL ESTIMATED ANNUAL INCOME 51 028813 YOUR PRICED PORTFOUOHOLDINGS 535.823,961 027 Setts at vett EFTA01321487 0 z m C in z J r EE9TS£00- 019- ANGS BEAR STEARNS OFFICE SERVICING ',CUR ACCOLOR Beat. Steams a Co. Inc. 383 Madison Avenue New Yak, New Yak 10179 (212) 272-2000 5 a Transaction Detail DIVIDENDS OATS DESCRODON 08101/03 TWO INTERNATIONAL LTD RFC 07D1/03 PAY 08:01/03 TOTAL 51.250.00 CLEARED TIStatel wilCur OATAD SaSIDIARY Be. Swim Saxon 020. Cse Alsintsch Crow Soil Ircotbn. Ste Ton 11201,3ASS 0121272.1CSD FINANCIAL TRUST COMPANY INC eTAnuewr mem Jay 26.7001 wawa. /1/4 0221 29.2003 ACOCANT KAMER 018-66066 r/2 TAwATIER SIARER On file LAST STATEuENT .k 25. 2003 STIMOL/CUSP OUNCTITY RATE CS) OBIT /MOW CREW 2.000.1 TYC 100.000 0.0125 1250.00 INTEREST DATE DESCRITMON 08121/03 INTEREST ONCREDIT BALANCE AT 0 1/2%07/21 T14tU 08/20 TOTAL $135.68 SmillOUCUW OUNCTRY RATE PO 0.5000 OM ASIR CREDIT MOUNT 135.88 MISCELLANEOUS an 1R025.4C110,1 DESCRIPTOR Dan AMOUNT CAMIT MOM SODAY 07/28/03 JOURNAL MARK TO MARKET 2.250.00 07/28/03 JOURNAL MARK TO MARKET SHORT POS 2,250.00 08/04/03 JOURNAL MARK TO MARKET 7.499.03 08/04/03 JOURNAL MARK TO MARKET SHORT P05 7.099.00 08/11/03 JOURNAL MARK TO MARKET 2.999.00 08/11/03 JOURNAL MARK TO MARKET SHORT P05 2.999.00 08/18/03 JOURNAL MARK TO MARKET 18.999.00 08/18/03 JOURNAL MARK TO MARKET SHORT PDS 18.999.00 08/2503 JOURNAL MARK TO MARKET 5.500.00 027 DS00.1.1145 001 V1112 EFTA01321488 -n C in z -H r PE9TS£00- 019- ANGS I8 IJ IJ IJ BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New York 10179 (212)272.2000 6>e Transaction Detail (continued) MISCELLANEOUS (continued) 080 1.131048 TIAISACTION 08/25/03 JOURNAL TOTAL CtSC.8101-61, MARK TO MARKET SHORT POS 0891 81.11880 anon 'NOW 5,500.00 5-37.247.00 537.247.00 End of Statemen 027 08/30113.13 4.1 001 0.60613 "MOWN ITS %MOLLY CIMCO SISSICVAY BOW Sten 3.10/1101 c Oa Motnklich tnt Nell than" New rent 11201.1869 RID 272.1800 FINANCIAL TRUST COMPANY RC STATEMENT P0080 My 26.2003 THROUOm AucuSt 29.2003 A0:08187 ituIMER 038-66068 972 TAXPANTR INMIER Or. File LAST FrATEVEMT Ally 25. 2003 3112 EFTA01321489 0 0 m C in r SE9TSEOCIN9- ANGS I8 IJ IJ IJ —8 BEAR STEARNS OFECE SERVICING YOUR ACCOUNT Bear, Steams dr Co. Inc 193 Mattoon Avenue New York. New York 10179 1212) 272.2000 ACCOIRR EXECURVE DCHERMAN3RA TELEPHONE (212)272.4189 VISO CUR MOSHE www.tearsteams.co- What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 5 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES TICS PERIOD 35,887,559 NET CREDIT EIAIANCE 593.318 NET EQUITY 1108 PlNOO 536.480,877 NET EQUITY LIST STATEMENT 34.608.693 CHANGE SPICE LAST STATEMENT 1.872.183 There are no "Stop Loss' orders or other pending buy or sell open orders on file for your account. liltIlllrrlllllll II FINANCIAL TRUST COMPANY INC C./0 AMERICAN YACHT HARBOR • 6100 RED HOOK SUITE B-3 QUARTERS *2 ST THOMAS VI 00802 Market Value of Your Portfolio came Egparg 1 'atria SSIS.NIS EPPOIR Par ,Ixe, art enema et ''^rvec t UnCk. v nbbb Mated a attend b rat. fa Clot brain M tiONabblat. v vra fa Clot Sow* 11 Ike. bean, Sebota Cob. On shinnot Coen W... San) xr. , trOtat4 CAM= THNOVON ITS wieDaT OWNED SOSSIYWIT Diu Sign lowrissa Cop. Ose liettapch Cast Pen Brown Nevi Oic 20 .385 C 12I 2124003 FINANCML TRUST COAPPANY INC STATE•fra mew lune 28, 2003 Ilepuew 25.2003 ACCOUNT WARR 038.66056 ST2 Tescrerte Kama On Fie Lein sinew kale 21. 2003 $36.161.059 : $-213.500 554.388.428 : $.273,600 I I I Damn meat vakm ON tad stameres genet via IM Site Rotted saes llz unmans e Rr cromvesnal wwww OOP, t H ntt UMW, as a ht OsTwINN. 'Ns unmet stasil at etanta yxr tworat See Meta —Re rowan efowaun 027 0/120.133.02,2 CO% VSII EFTA01321490 CLEARED 1144Cv0ai wHOLLY Ost193 EUDDCuar tear. Sams Solent, Co. 0x PAN7ctich Gros Now Omae210. Mem Yen 11201.3859 2'2I 272.10:0 FINANCIAL TRUST COMPANY INC 2 O z m cim z H r 9E9TSEOCIND- ANGS 8 b.) b.) 00 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 07/7603.1DOE 001 veil EFTA01321491 CLEARED 4/9ROU0/4 ITS wHOLLY 04440 StaelactARY rn 8 42 rJ C) -n C in r LE9TSEOCIN9- ANGS BEAR STEARNS CfnCE SERVICING YOUR ACCOUNT Bete. Stearns & Co. Inc. 383 Madden AVM* New York. New York 10179 (212) 272.2000 3 9/4 Cash Flow Analysis 1145PEROD OpeningBalance $515.765.21 Dindendsarterest 80.101.96 Amount Credited $ealotse EilMendsrintereSt Charged Income Summary net IOW nut roan DN.dends 80.000.00 284.18171 Substitute Remnant 0.00 194.747.20 Credit Balance Irr. 101.96 776.85 Total $80.101.96 5479.707.76 -2.549.63 Margin Int Paid Amount Debited 5-2.549.63 Net C8321 Activity 77,552.33 Closing Balance $591317.54 Ma b rube t babe maw ppat so /at nos 444 444144/ 424 Sian a se/ N d— taw 11••••S .- ea wad. wpm Tneatilm 04.44 Cash Balance Summary MOM %Mg Cash 5.259.913.05 101.96 Mt4591 -5,021.547.10 317.46832 Shaft 277,49826 275.750,26 Net Cash Balance $515.765.21 5593.317.54 -1.299.63 -44.988.13 Portfolio Composition SHORT LING CasNCash Equivalent 593,318 Entities 273.500 36.161.059 Total $273,500 536 754 377 027 042603.10/09 00% Kt Rana SeOsbes Ow tleactech Caw No% *edam Para York 11201.3859 42121272/1400 FINANCIAL TRUST COMPANY INC 50/7/3/48/7 mace Ana 282003 n/ROUGN lua 7s. 2oce ACCOLart NUNS 038-ssose 442 TASK" MAW On Al. LAST STATEVENT June 27. 2003 Your Portfolio Allocation L. Faunas 98% tkin•NO %flat. Ord., 6..4 berm rd. tat 'new nIa TM •Itatle, pewCri” &V1.*, ton tn. Sara nine .sea $.1 co/folo VIII EFTA01321492 BEAR STEARNS C4110E SERVICIaG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Ntedson Avenue New Yoh. New Yoh 10179 (212) 272-2000 4 ore Your Portfolio Holdings CASH & CASH EQUIVALENTS [Meting% Snit',XL'S Oanrtnt PtCi Winn VMLE ESSIALTED EURADO Wen NOS& MO nu CASH BALANCE 593.318 TOTAL CASH & CASH EQUIVALENTS 5593.318 -n EQUITIES &BAIA* & Options ACC, wean LSIWATED CL (T C DESatingt SYSSOUCtraia Mt 1aMNnla PNtt WON ANNUAL NODS( 060 MP FLEXMONICS INTERNATIONAL FLEX MEN 103.020 11.1300 1.113,000 rn LTD GALYANS TRADING INC GLYN MRGN 150,000 12.0700 1.810.500 HOLLINGER INTERNATIONAL INC HUI SHRT -25,CO3 10.9400 -273.500 -5,000 1.8282 CL A 'AMA CORP KRB 1.4RGN 1,000,000 23.0003 23.003,000 400.000 1.7391 r TYCO INTERNATIONAL LTD VECTOR GROUP LID TYC VGR 1.4RGN IARGN 100.000 393.008 19.7000 16.9400 1.970.000 8,657.556 5.000 628.813 0.2538 9.4451 SENTIGEN HOLDING CP RSTD 9380646 CASH 333.334 4.8300 1.610.003 Total Equities&Options 535.887.559 51,028,813 TOTAL EQUITIES 535.887.559 51.028.813 8E9TSEOCIN9- ANGS YOUR TOTAL ESTIMATED ANNUAL INCOME $1,028.813 YOUR PRICED PORTFOLIOHOLDINGS 536.480.877 CLLhnO INROL0m173 smelt°. OvisiD ISAWOVJef ftw. Stoats Seculta Co Oro MAW Ka Cole Wen lkoMpt. xw M 20 -3630 12123 272.1000 FINANCIAL TRUST COMPANY INC ittivieNT PISMO LSO 28.2003 meow.' AA) 25. 2003 ACCOvra nate% 03846056 372 USW, (ante On Ft Lim ITAITurni )iii 27. 2003 027 07/2603:1009 CM '411 EFTA01321493 B&\R STURNS OFFICE SERVICING YOUR ACCOoeff Beet. Steams b Co. Inc. 383 Madison Avenue New York New York 10179 (212) 272.2000 SP. Transaction Detail DIVIDENDS CLLR= TaZta Its waLLY DANA, SataDaY Bate Stan Sara Ca. In. Wt Oar Nat, Man" Mn Yon 11201.3859 12, 2) 2t1.! FINANCIAL TRUST COMPANY INC stalla7 PERIM am 28.2003 wmovem Are 25.2403 Arecurr •a.meaR cee-66056 rn TE.a.wErt Maga On at LAST !MATO/WC Am. 27.2003 -n DAR ccsoaencw SIVICaLGIP 011.11111EI al El) DOM Mai CREW MOM 07/01)03 MBNA CORP REC 06/13/03 PAY 07101/03 07(02/03 HOLLINGER INTERNATIONAL INC ON DN CHG 25000 SHS SHORT REC 07)01(03 PAY 07/15/03 KRB MLR 1.000.000 0.0800 1.25000 804:00.00 TOTAL 5.1.250.00 580 .000.00 INTEREST DATE DISCRP101 SYMIKOPJSIP WWITTY MIE (111 con Meal MC Mar C rn 07/21/03 INTEREST ON CREDIT BALANCE AT 012% 06/25 111RU 07/20 07/21/03 FROM 06/21 THRU 01/20 ®21/2% ELN. 318.264. AVBAL 623.824 0.5000 2.5000 1.299.63 101.96 TOTAL 5-1,299.63 $101.96 r MISCELLANEOUS 6E9TS£00- 019- ANGS I8 IJ IJ GATE MEMO TIMASICEal DESCRIPTON NW AMUR CREDO MOW 05(3003 JOURNAL MARK TO MARKET 3.999.00 06(30)03 JOURNAL MARK TO MARKET SHORT POS 3,999.00 07/07/03 JOURNAL JOURNAL FROM TYPE 1 TO 2 5.259.913.05 07/07/03 JOURNAL MARK TO MARKET 4,749.00 07/07/03 JOURNAL JOURNAL FROM TYPE 1 TO 2 5.259.913.05 07107/03 JOURNAL MARK TO MARKET SHORT P05 4,749.00 027 0/Mtlalf)00 0)1 VIII EFTA01321494 0 9 1 z r 0179ISE00- IND- ÅNGS BBR STBNRNS OFFICE SERMING 70JR ACCOUNT Beer. Steens b Co. Inc. 383 Maeison Avenue Now York, New Veck 10179 (212) 272-2000 6 o1,1 Transaction Detail (conUnued) MISCELLANEOUS (centime:) Ont IROISACTON 01329.11311 Can Akeux1 CROX1 MYT klan 07/14/03 JOURNAL MARK TOMARI/ET 749.00 07/14/03 JOURNAL MARK TOMARKET SHORT P05 749,00 07/21/03 1.30RI/I5 MARK TOMARKET SC0.00 07/21/03 MARK TOMARKET SHORT POS 500.00 TOTAL S-5.269.910.05 55,289,910.05 STOPS End of Stav/men ci.roaa natOu0/4 rnt Psou.Y are 2119.90~ Beer. Surs Senmes Cop. Ore Weeopeam Gam lan koder. Mn roi 11201.3249 12121 2324000 FINANCIAL TRUST COMPANY INC srAnwsir nTeco (une 28. 2003 netotam Juy 25. 2003 ACCCtra ~MER 03066056 X72 l'AxnvER ~en On fmle LflT STATridetr June 27, 2003 02, 07RO/03:10N CO1 %VI EFTA01321495 BEAR STEARNS OFT10E SERVICING YOUR ACCOUNT Bear. Stearns a Co. Inc. 383 MaSion Avenue New York. New Tat 10179 (212) 272-2000 CLEARCO TIO101.0I ITS woO.LY OAT= SIAIS4CLASY eur. Sten Sins Cap. Cr01.10.rtrach Caws loath Inver Na van 1120/4859 12121272.1=20 FINANCIAL TRUST COMPANY INC ACCOUNT !SEGURA 2ICHERMAN.IRA TEIEPHONE 1212)272-4189 VISIT OUR WEBSTIE www.bearmeams.ccen STATINENT PERM may 31.2033 neavam .2.00 27.2003 What's In This Statement WIMP II I I 2.0000,0 SUPAIER 038-66056 172 TA,XPAYER 14.9..0/111 On rile Financial Summary 3 FINANCIAL TRUST COMPANY INC UST STA7WENT May 30.2003 Your Portfolio Holdings 4 CIO AMERICAN YACHT HARBOR • 6100 RED HOOK SUITE B-3 Transaction Detail QUARTERS #2 Your Messages 7 ST THOMAS VI 00802 0 m C in Your Portfolio at a Glance TOTAL VALUE Of saurnres THIS PERIOD 34.092.928 Market Value of Your Portfolio on Epurratent —B 15,745 82.837.738 NET CREDIT BALANCE 515.765 Cos tos 534.366.428 533.194.639 NET WATT THIS PIDeoCi 534.608.693 INE Current market woe r NET EMIT LAST STATEMENT CHANGE SINCE LAST STATEMENT 30.080,151 4.528.543 last stmernemrs market value I= Short market value TP9TSEOCIND- ANGS I8 b.) b.) There are no 'Slop Loss' orders or out pending buy a' sell open orders on file for your account. Meet opal a-v 011rose r.rvn.p o roam o• toot .recaso at Carta stk., u CYO Somas e 100-8.v..22*. a...0. C:or Strain or: Doc SIono Satin Coo. On Wool° Coo. roes, Irmo-, I v 10114114 5.273.500 5-276.750 Sit Oh orrnory a Ste flint:COW omelet my. II a Oct 0020•4 by morn Tris wawa: 8202.1 be rSt•fil0 be slot rescres Set MORO ISSe Tr COMM Ithrinafrei 027 1,626100.12 CO CO1 Important Message COnffnlaliOn: Unless we hear from you to the contrary, it is ott urCerstanding that any free credit balances In pr account we being maintained to lactate your intention to invest such amounts through us. EFTA01321496 CadtED TNI10uem ITS "MOLLY O.410 SUBSCOARY Da Sawn. Seta. O. Cat tiercekb C— /telt &weft New York 112014239 ma macco FINANCIAL TRUST COMPANY INC 2 O z m cim z H r Z179TSEOCIND- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 C629903:1,O7 027 V209 EFTA01321497 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Vat. Now York 10179 (212)272.2000 C) 3 a7 Cash Flow Analysis nes MOD Income Summary THIS MEC WAR '0 Dait Opening Balance 3-2.837.738.38 Ewes Deposited 3.203.000.00 Diklendsinterest 119.659.20 Miscellaneous 37.544.00 Dividends Substkuto Payment erotic Balance Int. 70tal 11%659.20 37.544.00 0.00 $157,203.20 204.18171 194.747.20 674.89 3399.605.80 0 Amount Credited 33.360.203.20 Margin Rt. Paid -6.699.61 43.688.50 DividandsAnterest Charged 4.699.61 m Amount Debited 34.699.61 Portfolio Composition C Net Cash ActMty 3.353.503.59 SKR, LEM in Closing Balance 3515.765.21 Cash/Cash Etpivalent Equities 273,500 515.765 34.366.428 Sr. ON extern or nen — mar mon Ye MI manors most suce tilt fa Am -*Ask br s1 Ma nresema New I, Threbeiba eta Total 3273.500 534 882.193 r £179TS£00- 019- ANGS Cash Balance Summary OMNI% cam Cash 2.056.913.05 5.259.913.05 WV^ -5.167.150.69 -5.021.647.10 57C4t 272.49%26 277499.26 Net CashEialance 5-2.837.738.38 5515.765.21 02? 4.25•33 12 CO 001 CLEARED THROW>, ITS MOLLY OmE0 ereSSOMY Seer Sion Stalks CM Ore Veromth Com MVO Merler Nem at 20 .3$50 alb 272.1000 FINANCIAL TRUST COMPANY INC STATEMENT Mt 00 May 31.2003 moreCoca hue 27. 2003 Accouter walta 038-66056 X72 7.40kin KAMA On ne LAST STATEWN7 May 30. 2003 Your Portfolio Allocation Unthiato whys Ores dm berme arab- von Witt WO.. The btirefr }ITAWtogi • =Iran tan t* SON, nowt notea w rook EFTA01321498 BEAR STURNS OFFICE SERVICING MAR ACCOUIC Beet. Steams & Co. Inc. 383 Madison Avenue New York, New Yea 10179 (212) 272.2000 4 a• 7 Your Portfolio Holdings CASH & CASH EQUIVALENTS DISCRa1170 ynaboccusy Cuomnr MO, 1.4.0(27 MU( MUM) COMM WOO %COO VELD nt) CASH BALANCE 515.765 TOTAL CASH & CASH EQUIVALENTS 5515.765 0 EQUITIES TZ F I Equities & Options ACC! Won WHAM CUOMO DESCOPTIOel SYMOXECUS• CAMPY VALUE MOM NOME MOD 110 C m ELECTRONICS INTERNATIONAL LID GALYANS TRADING NC FLEX GLYN MRGN RARGN 100.000 150,000 10.5600 14.0700 1,056.000 2.110,500 HOLLINGER PITERNATIONAL INC MLR SHRT .25.000 10.9400 -273.500 -5.000 1.8282 CL A MONA COPS, KRS ISTGN 1.000.000 20.7500 20.750,000 320.000 1.5422 r TYCO INTERNATIONAL LID VECTOR GROUP LTD ttC VGR MON MON 100.000 393,006 19.2000 17.6500 1.920.000 6.936,591 5,000 628.813 0.2804 9.0652 SENTIGEN HOLDING CP RSTD 9380646 CASH 333,334 4.7800 1.593,337 Total Equities& Options 534.092.928 5948.813 TOTAL EQUITIES 534.092.928 5948.813 t749TSEOCIN9- ANGS I8 IJ 17) a YOUR TOTAL ESTIMATED ANNUAL INCOME 3948.813 YOUR PRICEOPORTFOLIOHOLDINGS $34.608.693 027 0572.03.12C0 COI OAPS= T•MVOM rte watt OvectO SuatoDPRY w. Sorts Scones Cop Ore 1.10SW:h Crier MSS Wooer% Now Yet 11201.31111 1210 272.1000 FINANCIAL TRUST COMPANY INC STATEmENT PERIOD May 31.2003 TROL7.3ti lune 27, 2003 teCCumi SHIM 03644056 X72 TAXPAYER rats, On Fie LAST STAIRWAY May 30.2003 %SOS EFTA01321499 rn I8 IJ IJ .9- C) -n in r SP9TSEOCIN9- ANGS BEAR STEARNS CENCE SERVICING YOUR ACCOUNT Beer. Steams & Co. kw. 383 Macison Avenue New Yak. New York 10179 (212) 272-2000 5 of > Transaction Detail DEPOSITS AND WITHDRAWALS DAII TPANSAC000 CESCRP104 CE&1 AvCCNI CaAM mown 06/27/03 FUNDS REC FNOSWIRED TO CITIBANK FROM 3.203.000.00 MORGAN STANLEY . CO. NC. LC131781731903 TOTAL 53.203.000.00 DIVIDENDS CATE DES,APPCN 06/27/073 VECTOR GROUP LTD VGR 299,148 0.4000 11%659.20 REC 06023/03 PAY 06/2703 TOTAL 5119.659.20 snehOLIWIP CLEARED 0490J011 WOW! Oiwt StillSOCAPY BeM slim Saco*. CO. Me monad> GAS We grooltr. Pee Yak 112013659 C2121212'1= FINANCIAL TRUST COMPANY INC STAMAINT name May 31.2003 114301)3.4 June 27. 2003 ACCOarr Paget 03046056 %72 TAXPAYER WAWA On Fla LAST STATEMPET May 30.2003 COMM RAII ti) Can ALCM CAIDI1 MOW SUBSTITUTE PAYMENTS DATE CCSCX1010•1 0627/03 VECTOR GROUP LTD VGR 37.544.00 VAST PAY ON 93860 SKS REC 0623/03 PAY 06/27/03 TOTAL $37.544.00 VnAlletRUS. 0.1.031-r *Al 31 MST AMOUNT Off DP Amara INTEREST SnieCtriu5P 0,101111Y PATE (%) OHO MOM CREDIT MONT 06/23/03 FROM 05/21 THRU 06/20 OP2 1/2% Fou. 5170.401 AVIAL 311%076 TOTAL 5-6.699.61 2.5000 6.699.61 027 042.03.02C0 00' >We EFTA01321500 BMR STURNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212) 272.2000 6 « 7 Transaction Detail (continued) MISCELLANEOUS DOE 14ffly TRAXSACTIOPI DISCRIpnei Ed1I411s11 CAM NdCtefi 05/02/03 JOURNAL MARK TO MARKET 4,250.03 06102/03 JOURNAL MARK TO MARKET SHORT POS 4.250.00 O 068)9/03 04109/03 JOURNAL. JOURNAL MARK TO MARKET MARK TO MARKET SHORT POS 2.250.00 2.250.00 -n 06/16/03 06/16/03 JOURNAL JOURNAL MAR% TO MARKET MARK TO MARKET SHORT POS 3.249.00 3.249.00 06/23/03 JOURNAL MARK TO MARKET 1.749.00 rn I36/23(03 JOURNAL MARK TO MARKET SHORT P05 1.749.00 TOTAL 1-11.498.00 $11.498.00 r 949ISE00- 1N9- ANGS 027 CLEARED ineition as wit( onto stlinteARY bx San Swat Cap OM 1A•intech env Novi amour. ND* ea 1110148AR C2121 27E.1000 FINANCIAL TRUST CONTRARY INC IITATEDEHr PER= May 31. 2003 THROUON Am 27.2003 ACCOLNE RUMER 03646066 172 TAXRAVER MAMA On fae LAST ETA:Then Wry 30.2003 Miaactizoo 001 VICE EFTA01321501 WANED 77490.474 RS wtiese ovum SUMMARY (-) 0 z m cim z H r LV9TSEOCIND- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sew. Steams & Co. Inc. 383 Mattison Avenue New Yolk New York 10179 (212) 272-2000 Your messages IOW With interest rates at their lowest in 45 years income oriented clients are reminded of the risks inheoeM in attempting to maintain or increase the average yield on a Fixed income portfolio. Generally, securities carrying a higher yield come with some combination ci added credit risk, extended maturities, reduced liquidity, or special cal features. Rising interest rates can cause a docine in the market value of your portfolio. which well impact you principal if securities are sold prior to maturity. Please consult yak Bear Stearns account executive if you would like to discuss your fixed income portfolio. As a leader In Fixed Income. Bear Steams can analyze any portfolio. held here or elsewhere and make recommendations such that your portfolio is aligned within your tolerance for risk. STOP! End of Statement Se. Salim Stone Ca Cm Wm.& Comer IkAA etccatiti. Mee OA 20 59 C272) 2 724 COD FINANCIAL TRUST COMPANY INC STATEMENT PERICO May 31.2003 ThitOoom Ant 27.2003 Atc %AMR 018-66056 r72 TAVANIA MAWR Qt FAO VAT STATEMENT May 30. 2003 027 otaaomota col 9935 EFTA01321502 CLEARED 110401424 011. nt..022Y °NNW SVS.SCW2Y 0 m C in r MT SEOCIN9-ANGS I8 b.) aV.2 O BEAR STEARNS OfFICE SERVICING 'CUR ACCOUNT Bea. Steams a Co. Inc. 383 Madsen Avenue New York. New Yak 10179 (212) 272.2000 ACCCONT EXECUTIVE ZICliERMAN.IRA TELEPHONE (212)272.4189 viSIT CUR WEBSOF wmv.bearsteams What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 5 Your Portfolio at a Glance TOTAL VALUE OF SECURMES THIS Pomo 32.917.889 NET DEBIT BALANCE -2.837.738 NIT 00UITY INS PIRICO $30.080.151 NET EMMY LAST sunken 25.915.117 *ma SINCE LIST STATEMENT 4.165.034 There are no Stop Loss' orders or other pending buy Or Sell Open orders on fife for your account. FINANCIAL TRUST COMPANY INC CA3 AMERICAN YACHT HARBOR • 6100 RED HOOK SUITE 8-3 QUARTERS #2 ST THOMAS VI 00802 Market Value of Your Portfolio co, & erna in _El S-2,837,738 1-2649.22S nano enst an, eiA•ra• nsmicoo a thins r wet, roww n *Ana b vo4 b Oat Unice Y 00:43.142S. v web Ts Cl... Snap Saw awn $2.02.220 Ca'. Ore Monied. Casw sae, eteur • 20 4/611 IOW 9ear. Steen SC0.2152, Cap Cre idetiotech Caw WIT frost" New Yfl 11201.1459 (112) 272.10D3 FINANCIAL TRUST COMPANY INC STATEMENT PERM AO 26.2003 TIIRCS.K04 May 30.2003 ACCOJNI rouse( 032-66056 272 TAXPAYER Nutmeat On FM Wirt STAIDof NT AprI 25. 2003 333.194.539 1-276.750 $28.995.595 1-231.250 E l Current matte value OM last statement's market VA. Sheet mute value glIN Tin nrenry Sly SINSMSNWPSPOMS PIS Han:2 wrath 22 a en 0.20.fleft slitmeer Void be remise. ? nue WPCS Set rant We rr epten abmsto• 02> C5/31iO3.13 30 CO' EFTA01321503 CLEARED THROU3N ITS to•CiLLy OMAGE1URISCARy Ns. Sisals %DAS Ctip. Coe MEMO Caret bath DeoII" Nye rat 11201.31169 (212) 272.1CCO FINANCIAL TRUST COMPANY INC I tEtZZOO- V1-43 0 -n z C in z r _ 6179T SEGO IN 9 ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 022 01031/03:1340 C01 EFTA01321504 wain names its ?MOLLY *AHD SuBSOtkny m C in r 0S9TSEOCIN9- ANGS 8 IJ tO IJ IJ BEAR STEARNS 01110E SERVICRLS YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Manson Avenue New York. New York 10179 (212) 272-2000 3 u Cash Flow Analysis us moo° Income Summary 1143 MOO MAR TO VIE OpeningBalance 42.1349.227.89 Oniciends 1,250.00 84.524.51 Substitute Payment 0.00 157,203.20 Funds Deposited 16.929.13 Credit Balance Int. 0.00 674.89 CeedendsAnterest 1.250.00 TOtal 51.250.00 5242.402.60 Amount Credited 814179.13 Merlyn Int Paid -6.689.62 -36,988.89 DMtlertesilnuatS1 Charged 4.689.62 Amount Ciobitel $4,689.62 Portfolio Composition Net Cash Activity 11.48451 Slat ICAG Closin98.1ancia 42,837,738.38 sari. aar nu*. M soh binelell NOM. talle• ea IS ledlelse [as/VC-ash Equvalent 2.637.738 —t own node% a MI NOSS ler el NW Inleeeboe IPS MAK ens tannnellen Oen& Equities 276.750 33194.639 Total 53.114.488 533.194.639 Cash Balance Summary OPOING CU3SING Cash 2.039.983.92 2.056.913.06 Margin 4,107,211.07 -5.167.150.69 Short 217,999.26 272.499.26 Net Cash valance S-2.849,227.89 5-2.837.738.38 021 0301/03.13 30 001 as. San StatilleS Can OR Mayan Caw NCI% Ortadyn New net 11201.3359 (212) 2,2.1coo FINANCIAL TRUST COMPANY INC STAltilenT %%CO AVII 26. 2003 11010904 May 30.2003 amour POWER 01%66056 X72 7000Arile Ntareell Co Tao LAST STATDer 2S. 2003 Your Portfolio Allocation 92% Ingnato0 sown own. ant mine OW:* 001 owl* valwa 41444144 ......w. 4 Of 444 Wet in c.a.* caning al. it soy >table 444 EFTA01321505