EFTA Document EFTA01324452

Statements CONFIDENTIAL SDNYG,00355697 EFTA 00228389 EFTA01324452 T4iNaGUNO0 86955£00 W9 Ill IJ 00 BEAR STEARNS met SERVICING YOUR ACCOUNT Bear. Stearns b Co. Inc. 383 Madison Avenue New York. New Yak 10179 (212) 272-2000 Accotnir OXCLMVE DCHERMAKIRA TELEPHONE 1212)272-4189 VISIT OUR WEBSITE vmw.beerSterelner.00M What's In This Statement Financial Summary 3 You' Portiollo Holdings 3 Transaction Detail Your Messages 6 Your Portfolio at a Glance TOTAL VALUE Cf SECURITIES ThaS PERIOD' 4.004.413 NET CREDIT BAIANCE 69.695 NET EQUITY NS PERIOD $4,074,108 NET EQUITY LAST STATEMENT 1902.362 CHANGE SINCE LAST STATEMENT 11.746 Iris pantie hada can. name masa Da era ra Waxed bet TRW %Rae a ilaules Red t' Pal &OM TRIR had. There are no 'Stop Loss' orders or out pendog buy of sell open orders on file for your account. '1..11,01.'1,1i I I JEFFREY EPSTEIN C/0 FINANCIAL TRUST COMPANY ATTN JEANNE BRENAN 6100 RED HOOK OUATER B-3 ST THOMAS Vi 00802 Market Value of Your Portfolio can u ras ent i 569.695 S5S.S75 tgiees 54.004.413 787 Flow (001 any flew. 0, roan.< V eat a $IQ nisei a aimed It Ra. Cie* Swan s liC0434-142; ar as n Cant Sao°. ate. Sawa Swarm Co 0. O w M.tnd, Corm Pant Peep, 20 405 Conant market value gni Tut statemenrs market value useur next. rre mar. overep SUISSOVX1 Sac Sara SKIM* c. Cat Warolati Craw North Did& Wm Tot 11201-1W1 121Z) 272-1000 JEFFREY EPSTEIN STAllEMBRT PERRY) NOVRITtolf 29.2033 naeoudi Decants 31.2003 Accarrer MAR 038.28825 X72 YAMMER PUMA On Tie LAST STATINICIT 11(RaMber 29.2033 sai ,-unary n re- are-mnemi wanes one R bait Wales RI In comma amarrat INA C4 Mined be Mn nerds. Sae wan* et fa Marla" Ortneeen C21 01/01124.12 54 CO1 Important Message II any information re9rOirg 2003interest denciends. miscellaneous income. gross proceeds 00601r1M Mu* decount is required to be repotted to the IRS For this °costal. a Consolidated Form 1099 *II be maBed to you by February 2.20040. a 1042S by March 15.2004. vela 8 EFTA01324453 CLEARED THR0UCA 111 The, OAt YaLWRv Sot burn SO"Ofiel CC, O, MMIttAttl Cenopt Mn !rote" Sc. Tack 11201.3850 (212122I'000 JEFFREY EPSTEIN I 6ESZZOO- V1.43 (-) 0 z m cim z H r 669SS£00 IND ANDS STATEMENT BACKER IS PRINTED ON THIS PAGE EFTA01324454 rn IS E.) IJ IJ ,C) BEAR STEARNS OFFICE SERVCIAG YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madsen Mame New York. New York 10179 (212) 272-2000 3 et Cash Flow Analysis Da POMO Income Summary Mn PD500 YEAR TO CAT, Opening Ba lance DrAderxls4nterest $55.574.84 14.119.80 DonclenOs Other DIM:ends Muni Bond Int. 14.094.36 0.00 0.00 96.084.38 3.162.50 9.162.43 0 Amount Credited 914.119.80 Ueda Balance Int 25.44 548.95 0 Net CAM Activity 14.119.80 Total 914.119.80 1108,938.26 m Closlflg Balance 969,894.84 Portfolio Composition C in Cash Balance Summary cam% TROSIIC CasIVCash Etwitalerc Equities 89.695 4,004,413 Cash 55.574.84 69.694.64 Total 94.074.108 Not Cash Balance $SS.574.84 $69.694.64 r OOLSSEOCIN9- ANGS Your Portfolio Holdings CASH & CASH EQUIVALENTS DESCPPTITN CASH BALANCE TOTAL CASH & CASH EQUIVALENTS $69.695 STYINOCUSP WASH (STAMM) MAWR OUMIEN NNE VALUE AMA acct ry 69.695 027 0101104:1244 001 CLEAR= n•ECOGEE n9 mitt,. &MID SUMMON Sap Nam SeanUel Cap. IMPRecn Cent moot &Weft Nat Vat 11201-31152 (212) 272.1000 JEFFREY EPSTEIN DIMMEST item Noverrter 29.2003 TW10.03.1 MONS 31. 2003 Accent? vanNai 03848025 X72 TAXPAYER HAMER On Fie LPST STAMMER November 262003 Your Portfolio Allocation Cash & Equiallent 1% — tout of 99% Nfst GVM r. tele. hedtr Mart mirlatt aloes Thu Soma, oration avA3 hp m,riet •00 a r While% EFTA01324455 0.1ARLO THP0u0ains %sour ove.M0 Su8SOWPY 0 -n C rn r TOLSSEOCIND- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Steams & Co. Inc. 383 Madison Avenue New Yeek. New York 10179 (212) 272-2000 4 a o Your Portfolio Holdings (continued) rummer Pt8C0 notOUGH Noyeester 29.2033 teCembe. 31. 2003 ACCOUNT VINEER 038.28825 W72 EQUITIES TAXPAYER MAWR OnFPe LAST STAMIVET 54EMPEREOr 28.2003 Equities & Options MARKET MOJA= CURIEW DISCMPTICe4 STIMOUCUS, owner PIKE WILE aIL ROWE KW PO CANHORN CHEMICAL CORP CNCPF CASH 19 Unglued FELCOR LODGING TRUST INC FCH CASH 2.000 11.0800 22.160 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 19.9500 39,900 2800 7.0175 GUMOIER REALTY TRUSTS8I GRT CASH 2.000 22.3800 44,760 3.846 8.5925 HRPT PROPERTIES TR-S81 HRP CASH 10.000 10.0900 100.900 8.000 7.9286 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 41.2800 82.580 5.760 6.9767 561 JOHNSON& JOHNSON .INJ CASH 57.800 51.6600 2.985.948 55.488 1.8583 KRAMONT REALTY TRUST KRT CASH 2.000 18.1000 36.200 2.600 7.1823 PAN PACIFIC RETAiL PROPERTIES PNP CASH 436 47.8500 20.775 889 4.2792 INC PENNSYLVANIA REAL ESTATE PEI CASH 1.794 36.3000 65,122 3.875 5.9504 INVESTMENT TRUSTS8I RAMCO GERSHENSONPROPERTIES RPT CASH 12.000 28.3000 339.600 20.180 5.9384 TRUST-MO $81 SIRIUS SATELLITE RADIO INC SIRI CAS.• 1,030 3.1600 3.160 TOO INC 15.600 16.8800 263.328 Total Equities& Option-. 54.004.413 5103.418 TOTAL EQUITIES 54.004.413 5103.418 021 01.0104 12 54 001 1818 Saw. Swan Santa cap. P‘eptual tau /Pam Ortacir. tier NI* 1120141159 NIA 272.1C0) JEFFREY EPSTEIN IJ 00 EFTA01324456 rn IS b.) 00 OO U.) ,C) 0 0 m C in r ZOLSSEOCIN9- ANGS BEAR STEARNS OFFV:E SERviCNG YOUR ACCOUNT Boar. Steams & Co. Inc. 383 Madison Avenue New Voce Now York 10179 (212) 272-2000 5 roc Your Portfolio Holdings (Continued) YOUR TOTAL ESTIMATED ANNUAL INCOME 1103.418 YOUR PRICEDPORTFOLIOHOLDINGS 14.074.108 Transaction Detail DIVIDENDS oat won 12/09/03 JOHNSCel Er JOHNSON REC 11t18103 PAY 12/09,03 12/15/03 PAN PACIFIC RETAIL PROPERTIES REC 11128103 PAY 12r15/03 TOTAL INTEREST CATE “SelePTION 12/22/03 INTEREST ON CREDIT BALANCE ACCT 03846825 AT 00.10000% 11121 • 17120 TOTAL 125.44 af.ARII) TrinOvCel ITS wow( OVME0 baSOLAitf Om. Awns Scans On Cry lleinteth Wee Not tircAvg. INN1bn 11201.3869 MA 272.1030 JEFFREY EPSTEIN STATeel PertKo W./lbw 29.2003 THItOuCiN oraenner 31.2003 Accosta 'Queen 038.22825 272 TAIPAVER muid8ER On lie LAST rrATEMENT November 28.2003 SYPAPOUCLISP 01WITITI Mn CD Dag MOUNT 0R0r1 ANNUM 57.800 0.2400 13.872.00 PNP 436 0.5100 222.36 514.094.36 SeeCUMS. OutiMY RATE IV Dna Avow CREW !MOW 25.44 021 0141)44:12.54 001 1•118 EFTA01324457 CL.T.ARSO THROUGH rrs AHOLL OWNEO SUISOARY to IS b.) 00 DO b.) 0 -n C in r EOLSSEOCIA19- ANGS BEAR STEARNS CfECE SERVICS% YOUR ACCOUNT Bar. Stearns a Co. Inc. 383 Madison Avenue New Yodc. New York 10179 (212) 272.2000 6 ac Your messages Ia) ea- Florida residents who own, manage. or control stocks, bonds, money market or mutual funds having a value of 520.000 or more for Individuals or 540.000 for mauled couples Ring jointly must pay a tax on these items. called intangible Tat, by lune 30 to avoid increased penalties. For Tax Returns and information, call the Department of Revenue at 1-800-352-3671, Excess SIPC Account Protection Update Bear. Stearns Securities Corp. (BSSC). a member of the Securities Investor Protection Corporation CSIPC). provides account protection for the net equity of a customers funds and securities positions. SIPC provides 5500.000 of primary net equity protection. including 5100,000 for claims for cash CSIPC Coverage'). Visit vainv.sipc.org for more information about SIPC Coverage. BSSC provides the additional protection (trans SIPC') through a commercial insure(. Effective February 16, 2004, the commercial insurer for Excess SIPC vAll change to Customer Asset Protection Company CCAPC01. 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 Statement Ca" ker. San SOCVMS cap Ore Wraith Greer Norm Nagy,. Pk. olt 20 StS9 1212) 252.1000 JEFFREY EPSTEIN STATWERT P000 NOorte 29.2033 THROUGH DOC0M00' 31. 2003 ht.t0.04T WHBER 038.2802s 117 TAY,A, ER liWISLR on it µST STATEUEsT NOoembet 28.2003 As pan of the National Association of Securities Dealers (NASD) Investor Education Program, you may obtain ink:motion on the NASCrs Public Disclosure Program by =tooting the NASD at telephone number (800) 289-9999 or via the intermit address which is wvm.nasdrcorn. In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request. 027 01.101/04;1204 001 vala EFTA01324458 BEAR STEARNS OTTCE SCONIMN YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yore. New York 10179 (212) 272.2000 CLEARED Tenni ITS WKSLY Ont33 SLOISCOAY OW. Seen Sewn Cn line Meinte01 net In Ind" Ileo TOW 112014859 CVO 272-1840 JEFFREY EPSTEIN summer memo Weber 1.2003 notoutot Novereter 28.2003 ACCOUNT EXECUTIVE IICNERMANIRA TEEENIONE (212)272-4189 VISIT OUR WEBSUE wmv.bearsteame.c/ve What's In This Statement Ileellllrlleellll I I ACCOWIT nen 038-28825 372 Tenni% MAW On Fee Financial Summary 3 JEFFREY EPSTEIN WT STATEWNT October 31.2003 You Pottfolio Holamps 4 CIO FINANCIAL TRUST COMPANY Transaction Detail 5 ATTN JEANNE BRENAN 6100 RED HOOK WATER B-3 0 ST THOMAS VI 00802 -n C in Your Portfolio at a Glance TOTAL VALUE OF SECURRES THIS PERIOD' 3.846,787 Market Value of Your Portfolio Caen a Ectivalent —I $55.575 I $51.021 NET CREW BALANCE 55.575 533.8: 88 .78j $ 8 Equates NET mum sms PERIOD 53,902.362 arrert masa: value r NET MITT LAST STATEMENT CHANGE SINCE LAST STATEMENT 3.891.902 10.480 NO Last statements meeker Win POLSSEOCIN9- ANGS •rs. wine new cv ce row wont Tenn tot ow eel (Nen en cat Vow et Sans n OA NR Gin WS Poled There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. New nom ase d Twww o non, of ion or On. nen as tont< wo IS Cleo Senn st K06344420. et wela IS nil Senn 4( an Sun nen Colo. Ow none Conn ten. O..51 2014630. stc Taw won us V ',Ernie( nen Wenn Wenn Ws hr neon ENts Emmett MEW be mob*, fee Mr roman sn rine Ode tenni earn 027 11/2973$08:43 031 All EFTA01324459 =LAO Two0u3n 115 v..40tly 01040 SUSSOORY Belo Sten Stoats fax Ore Wrote°, Oster *Oh eitetly1/4 ION cot 20 -nit MIA 212.10:0 JEFFREY EPSTEIN 0 0 C in z -H r SOLSSE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 11/2903 08 43 COI nit EFTA01324460 En IJ 00 00 00 BEAR STEARNS OFFICE SERVIMG YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madson Avenue New York. New Yak 10179 (212) 272-2000 3 a s Cash Flow Analysis TM PERIOD Income Summary MIS MOO VW 10 Oak OpeningBalance $51.020.75 Dividends 4.515.00 81,970.02 OUvr OMdends 0.00 3,162.50 Dividends/Interest 4,537.19 Muni Band In. 0.00 9,162.43 Miscellaneous 16.90 Credit Balance It 22.19 523.51 Amount Credited 54.554.09 Total 54,537.19 594.818.46 z ii Net Cash Actvity CI03in9 Balance 4.554.09 555,574.84 Portfolio Composition C rn z Cash Balance Summary CSC CLOMP Cash/Cash Equivalent Equities Total 55.575 3,848,787 53 902.362 r 9OLSSEOCIN9- ANGS 0.EARED 77.0“tai rrs sr..0u. Om.) Suicaotuty Bea.. Scent Sixutien Coy. Ole Wrath Craw *cat" New OM 20 Eva aralcco JEFFREY EPSTEIN STM11/0.7 PO000 November 1. 2003 THROUCir NOV !nee 29.2003 ACC0u747 MAMA 038.28825 X72 72207nEit HAW On tie LIST simirsewr OctObet 31.2003 Cash 51.020.75 55,574.84 Your Portfolio Net Cash Balance 551.020.75 555,574.84 Allocation 027 11 /290300 41 001 Cash & Equirelent — I% Eq220$ 99% UNPS/ild Mtn. dincle ew WOK* Wribr Oat nine, yeas. TrO Mkrrato. port•HRIO Calm, fro, Ins Sal/ ,W141 ',Artery,' Pat, . vtl EFTA01324461 0.E.M0 1,C1COM at viwCur 04M.0 SMStua 66E8ZZOO- V1.43 0 -n in r _ LOLSS£00 INS ANGS BEAR STEARNS OFFICE SER1nCING YOuR ACCOUNT Beat, Steams & Co. Inc. 383 MadImo Avenue New York New York 10179 (212) 272-2000 4 V4 Your Portfolio Holdings CASH & CASH EQUIVALENTS DFSCRIPIIM CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 555.575 SYMCOCUSP WACO ES1M0133 COMM wn,. 1w OF frANWL ipagN 55.575 EQUITIES Equities & Options CtSCROM1Y1 STMICIICUS• ACC, Mt 01.11/0ITY PM! Fwwur MIX WPM= MAMA INCOME CORM:Mr MD00 CANHORN CHEMICAL CORP CNCPF CASH 19 Unplced FELCOR LODGING TRUST INC FCH CASH 2.000 10.5700 21.140 GLEN8CROUGH REALTY TRUST INC GLB CASH 2.000 19.8500 39,300 2.800 7.1247 GUMCHER REALTY TRUST-SBI GRT CASH 2.000 21.8100 43.620 3.846 8.8171 HRPT PROPERTIES 1R-SIII HRP CASH 10.000 9.7000 97.000 8.000 8.2474 HOSPRALnY PROPERTIES TRUST HPT CASH 2.000 39.5500 79.100 5.760 7.2819 SKI JOHNSON& JOHNSON !NJ CASH 57.800 49.2900 2.848,962 55.488 1.9477 KRAMONT REALTY TRUST KRT CASH 2.000 18.0800 36.160 2.600 7.1903 PAN PACIFIC REVUE PROPERTIES PNP CASH 438 48.4500 20.252 889 4.3897 iNC PENNSYLVANIA REAL ESTATE PEI CASH 1.784 34.5000 61.893 3.875 6.2608 mvESTmENT TRUST-58i RAMO° GERSHENSON PROPERTIES RPT CASH 12.000 26.0500 312.600 20.160 6.4491 TRUST4A0 581 037 9w. Sumn Sam* Cop One March Caw NMI WM,. N nek 11201.3459 (2121 272.1000 JEFFREY EPSTEIN sTATRAPer P€ 00 140Wernber 1. 2003 ThROUOI4 NMmber 28.2803 ACCOuia MAW D3848825 X72 TAXPAYIA Natt, On FN LAST STAMMix Oclote 31. 2003 11/2.0104:43 CM V818 EFTA01324462 rn I8 00 IJ 0 0 -n C in z -H r SOLSSEOCIN9- ANGS CLEARED 71.01OUGH NniCtLY Oman SIADIDV.RY OFFICE SERUM* YOUR ACCOUNT Bear, Steams & Co. Inc. BEAR 363 Madsen Annie Bar fawns Sena., coo. ow Wectech teat IWO OrD318‘ New met 1110:D859 New York, New Teak 10179 STEARNS (212) 272-2000 (212) 2/2.1C00 JEFFREY EPSTEIN 5 or 6 STAMED,:r 'MOD NOvente 1, 2003 TAIRCOGN Warta 28.2003 Your Portfolio Holdings (continued) ACCOUNT matt 038-28825 X72 TAXPAYER 7.21,111ER On FM Equities & Options (Ccesinuee) LAST STATEN'S!? Octobe• 31.2003 ACC, ROME WHAM GOMM OESCRPTION SYWINDUCUSIE 111E WARM 1AICE VALUE AMAX MOORE REIO IM SIRIUS SATEUTTE RADIO NC SIRI CASH 1.000 2.0800 2.080 TOO INC TOO CASH 15,600 18.2500 284.700 Total Equities& Options 51846,787 $103,418 TOTAL EQUITIES 53.846.787 $103.418 YOUR TOTAL ESTIMATED ANNUAL INCOME 5103.418 YOUR PRICEDPORTFOLIOHOLDINGS 83.902.362 Transaction Detail INVESTMENT ACTIVITY SCI11.043rt DAIS GTE resume OESOIPI/ON SivEDUCUSP GUMMY 1121103 EXCHANGE CROWN AMERICAN REALTY TRUST 228186102 -5,000 C621722 TO P364000 MERGER 0.3589 PENN REAL 1121103 EXCHANGE PENNSYLVANIA REAL ESTATE PEI 1.784 I/VESTMENT TRUST-581 P364000 TRW C621722 MERGER 0.3589 PENN REAL TOTAL MC) (MT DADA/ MIXT MOW 027 11/24113DS 43 ODE rely EFTA01324463 lOt8ZZOO-V.L.43 BEAR STEARNS CO10E SERVICING YOUR ACCOUNT Bear. Stearns b Co. Inc. 383 Mackson Avenue New York. New York 10179 (212) 272.2000 6 ac CLCAltt0 TAROV011 ITS WrOULY PACO tilESOmAY Inc swans searnes Co% Ore Witroteth Cots MATO Bag" Nit Yat 112011 Se 12121272.1003 JEFFREY EPSTEIN STATIMIXT MIRO° liCAW1141 1.2003 INTI0UCT1 nc.enter 28. 2003 Transaction Detail (continued) AI:couNr panes 038.28825 X72 TASTER NuLMER Ce. Fit DIVIDENDS PAST STATEMENT Ckictvi 31. 2003 0 -n DATE OESCRIP11301 SYYSCIJELIS• 0umTTlT EAR (S1 OM AMOUNT CREDO MAW 11/07/03 CROWN AMERICAN REALTY TRUST RFC 1027/03 PAY 11/07/03 11/20/03 HOSPITALITY PROPERTIES TRUST REG 10/26/03 PAY 11/20/03 11/21/03 HRPT PROPERTIES TRS8T RFC 10/22003 PAY 11/21/03 228186102 IPT HRP 5.000 2.000 10.000 0.2150 0.7200 0.2000 1.075.00 1.440.00 2.000.00 TOTAL 54.515.00 INTEREST GATE museum SniKtFUSIP Comm RARE* JAM AMOUNT Cat on AVOLTO C in 11/21/03 INTEREST ONCREDIT BALANCE AT 012% 10/21 THRU 11/20 0.5000 22.19 TOTAL 522.19 MISCELLANEOUS r _ 6OLSS£00 INS ANGS aux LOOPY TR/Ruclicw otscesney 11/21/03 CASH-UEU van warn CREW MOM PENNSYLVANIA REAL ESTATE 16.90 iteiESTmENT TRUST-S81 wERGER 0.3519 PENN REAL TOTAL $16.90 027 11/29/010.43 COI JAMS EFTA01324464 CUNIEO To4ROUtr na MHOµ. OWYCO SUISSOYNI BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. &earns & Co. Inc. 383 Madison Avenue New Yak. New Yolk 10179 (212)272.2000 Dew knots Secutes Coy. OV recareth Cantts Omer. Nea UV 11201.150 OIL 2724050 JEFFREY EPSTEIN ACCOUNT E7/CUINE ZICHERMAN.IRA III [PHONE (212)272-4189 viSn OUR YiEBSIIE ynvottearsteams.com STATEMENT PER1CO Ducat 1.2003 THROUGH Watt 31.2003 What's In This Statement I I ACCOtte mortout 038.28825 A72 TAXIVAIE mamas On F.I. 1)3? STAMONT Septefthet 30.2003 Financial Summary 3 JEFFREY EPSTEIN Your Portfobo Holdings 3 C/0 FINANCIAL TRUST COMPANY Transaction (*tad 5 MN JEANNE BRENAN 6100 RED HOOK (WATER B-3 ST THOMAS VI 00802 0 Tz C m z Your Portfolio at a Glance TOTAL VALUE OF SECuerriES 716PERM* 3.840.881 NET CREPT BALANCE 51.021 Market Value of Your Portfolio erne easont—ii $5" 21 g S49851 13240.881 ran 13.773.562 r OTLSSEOCIN9- ANGS IS IJ IJ 00 Ja IJ DIEY eounv THIS 1WOOD $1891,902 NET EQUITY UST STATEMENT 3.817,213 CHANGE SINCE UST STATEMENT 74.669 RV NM% Meer reenter ever* ranee nal ars alit bard le lee Val %tar a Ileturr$ w kt kry 1 Poke There are no 'Stop Loss' orders or other pending buy or sell open orders on Me for your account. Mama vet my &era er rokneeter el racks 4. Mere. retitled n *rove $0 re Cita Serve 0056344421 er rten b Carr Stoke a Ma Sterne Starr Co' . One rarer Oyler mar treerr. N.Y 11X14110 IN Oren market value In list llitifolenCS Market Vala krair a kr rkkneta:nal votes utttnra EMS'S static Cruneet Tres e Over wt/00e terrel kI yar e4OW Sea Inns 15r rprarl abrik1101 027 1/15101.1402 001 V1111 EFTA01324465 cwno TROUGH rfl wmewir OAKJ) SueSiDairt Bev. Swans Sta. Ce0. Qx Manott Wore lin Vicelbn. New To., 11.701.3859 R12122L1000 JEFFREY EPSTEIN 2 e$ SOPSZZOO- V.L.43 0 -n in z -H r _ VELSSECIO IN9 ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 11,01.03.1402 001 VIII EFTA01324466 En I8 b.) Ja 2 00 -n C in r ZUSSEOCIND- ANGS BEAR STEARNS OITICE SUMP% YOUR ACCOUNT Bear. Steams IS Co. Inc. 383 Matson Avenue New Yak. New Yak 10179 (212) 272-2000 1 ors Cash Flow Analysis Income Summary 1145 POOOD THIS KRIOD YUJI MOM. Opening Balance 543.650.82 Cmderds 7.351.60 77.455.02 Otixt Olddentis 0.00 1162.50 Cesidenclillmecest 7.369.93 Muni Bond Int. 0.00 9.162.43 Amount Credited 57.369.93 Goat Balance Inc 18.33 501.32 Net Casn Activity 7.369.93 Total 37.369.93 590.281.27 ClosielBalance 351 020.75 Portfolio Composition Cash Balance Summary CaslCash Equivalent 51.021 mom MOM% Nokias 3.840.881 Cash 43,650.82 51020.75 Total 53.891,902 Net Casallelance $43.650.82 $51.020.75 Your Portfolio Holdings CASH 8 CASH EQUIVALENTS catiren CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 551.021 SY1188.0015.9 MMXO MOM= CUSIDIT CM/117( PIZ( YAM MOM NOSSE nib OD 51.021 027 11,0/.011402 CIAME0 T1410(.10/. ITS vniCsre CM.110 8033(DaY 86v. ken Sweets Cap. Cot laesorosit trey bar Orcutp liew Yon 112014859 (2121212-1CW JEFFREY EPSTEIN ST TEIC1IT POMO Cklober 1.'20.03 THROU011 Oclober 31. 2003 ACCO(Nr (taXER 038-28825 X71 TIAPAYM WJVIIELI On The LAST STATDMNT Serxember 30.2003 Your PodfoNo AlloestIon Cash & Equivalent — I% L &tubes 99% U.Vad WM s Om,* ALM hew Witt vLULL rreaert .1.14. -1. Macs Mott,. Ornol nem ire Rados mteart .e4e II yo, parnSe EFTA01324467 CLZAPSD noCuOm ITS %ICUs °vise) SuSSOS SOPSZZOO- V.L.43 0 -n C in r _ EILSSECIO IN9 ANGS BEAR STEARNS or ncE SERVICING YOUR ACCOUNT Bear. Steams & Co. Ix. 383 Madison Avenue New York. New York 10179 (212) 272.2000 4 te Bor.Sun Sacviscs tap. 0r hintoted, Cosa Parst &wen Paw as 23 1859 121Z 2/2.1CCO JEFFREY EPSTEIN Sisrevess nex October 1.2003 Your Portfolio Holdings (continued) EC/VRIES Tssouca. Aecowr moms tons," soalEit us, sTAnAgST °cuter 31.2003 038.28825 272 On File Sapient!' TO 1003 Equities & Options ACCT warn aM.ulm CuRRINI OtSCRIP11011 SnoltuCITSP me OUINIITV YRRE VALII MAUL DeSCMC MID 4! CANHORN CHEMICAL CORP CNCPF CASH 19 Worked CROWN AMERICAN REALTY TRUST CWN CASH 5.000 11.9800 59.900 4.300 7.1786 FELCOR LODGING TRUST INC FCH CASH 2.000 10.1900 20,380 GLENBOROUGH REALTY TRUST INC GIB CASH 2.000 19.5000 39.000 2.800 7.1795 GUMCHER REALTY TRUSTSBI GRT CASH 2.000 21.1800 42.360 3.846 9.0793 HRPT PROPERTIES TR.SER HRP CASH 10.000 9.3600 93.600 8.000 8.5470 HOSPITALITY PROPERTIES TRUST HPT CASH 2000 36.6700 73,340 5.760 7.8538 STK JOHNSON& JOHNSON JNJ CASH 57.800 50.3300 2.909.074 55.488 1.9074 KRAMONT REALTY TRUST KRT CASH 2.000 17.1700 34,340 2.600 7.5713 PAN PACIFIC RETAIL PROPERTIES PNP CASH 438 44.3500 19.337 889 4.5974 INC RAMCO GERSHENSONPROPMES RP7 CASH 12.030 24.1500 289.800 20.160 8.9565 TRUST-ml) SMIUS SATELLITE RADIO MC SIRI CASH 1.000 2.3500 2,350 T00 NC TOO CASH 15.800 16.5000 257.400 Total Equitios& Options 53,840.881 5103.843 TOTAL EQUITIES 53,840.881 5103.843 YOUR TOTAL ESTIMATED ANNUAL INCOME 5103,843 YOUR PRICED PORTFOLIOHOLDINGS 53.891.902 027 1110110114:02 001 EFTA01324468 9068ZZOO-V.L.43 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 8 Co. Inc. 383 Madison Avenue New York. New York 10179 (212)272.2000 5 Cl s Transaction Detail DIVIDENDS OJAPIIR 114110u0i EFS Mare OviNSO SuISIDARY kr. Reams Stones CRP 0:3% uracco Cenw ran womtr. We. YEA 11201-3TISO (2121 272.1000 JEFFREY EPSTEIN suattaurt Pt MO OttiTo* 1.2003 TRIWINT OCECCRI 31.2003 AO:OUNT WWI 038.28825 172 WARDER AMAIN On FIR LMT SUMMAR Seplerter 30.2003 0 ii DATE CCSCRIPTON SWOUC:USP COMM RAN EIP) DEINT MAW MCP MOUNT 10115/03 10/15.03 10/21/03 10122/03 GLENBOROUGH REALTY MUST NC REC 1001/03 PAY 10/15/03 GLDACHER REALTY TRUST-SBI REC 09/30/03 PAY 10/15/03 RAMCO GERSHENSONPROPERT1ES IRDST4AD SRI REC 08/30/03 PAY 10,21/03 KRAMONT REALTY TRUST REC 09/2903 PAY T07203 61.8 GMT RPT KRT 2.000 2.000 12.000 2.000 0.3500 0.4808 0.4200 0.3250 700.00 961.60 5.040.00 660.00 C rn TOTAL 37,351.60 INTEREST DATI DESORPTION SYROCA.CUSIT 0300113 RATE r% DOM WWI CREDIT AMOUNT 10/21/03 INTEREST ON CREDIT BALANCE AT 0 1/2% 09t21 114RU 10/20 0.5000 18.33 TOTAL s18.33 r _ PILSS£00 IN9 ANGS End of Statement 027 11001/03:1402 001 EFTA01324469 OFFICE SERviCtiro YOUR ACCOUNT Sear. Stearns & Co. Inc. BEAR 383 Madsen Avenue Now York. New York 10179 STEARNS (212) 272.2000 ACCOUNT EXECIJTNE TICHERMANIRA TELEPHONE (212)272.4189 OUR REISSUE www.beenteams.com What's In This Statement I I Financial Summary 3 JEFFREY EPSTEIN Your Portfolio Holdings 3 00 FINANCIAL TRUST COMPANY ATTN JEANNE BRENAN Transaction Detail 5 6100 RED HOOK WATER 6-3 0 Your Messages 6 ST THOMAS VI 00802 0 m C in r SILSSEOCIND- ANGS Your Portfolio at a Glance TOTAL VALUE OF SECURMES THIS PERIOD' 3.773.562 Market Value of Your Portfolio Cori a b assi 1 813.661 S28A67 NET CREDIT BAUNCE 43,651 Sinks S3,773.663 33.779.512 NIT WNW THIS 9W00 53.817.213 Current market valet NET FOAMY LAST STATEMENT 3.807.979 MI Last uneven Market Sit CHANGE SINCE LAST STATEMENT 9.234 Ma teals wee en Sr Hen nom! woman Da un nal reams net et* Vika al Seefflies atd no Mel Feet, 171.5 Perbt There are no 'Stop Loss' orders or other pending buy a sell open aders on file for your account. 7.400 nor wry (Mom,. Ce n:areCete U .thecn Ce Oren, edated ls Gel-ored I.> )04 Son anus 07,44. tact. Clore Srrao al Bow As-4 Leann 0.. Viet°, Cone •w^. trocOr !, 391.31,54 0.D.RED ThIlitC0CM ITS MOLLY OVAIDD SUIDSCARY Mw. SNOTS Scones Cu. Ore lientat urn how wenn we, Tort 1 1 An4.159 gin 2724000 JEFFREY EPSTEIN STATEMENT PlIt00 &gust 30. 2003 11/10UOIN September 30.2003 /1007(NT MAMA 03848825 272 TOPAYS. MAWS On Fl5 LAST STAUNCH? 149.eSt 29.2003 Sc -tide twines is tic witninnut pitnostis on,. n Sanded as a tat mama. This Sierran ./461G G Irtlin•C Y.1 War toter*, se. mine ode Re resnast Woman:a 027 I00/03.11 21 001 Important Message Bear Stearns is pleased to announce our conversion to a calendar rnonth.en1 statement. ERectlye this month. your account statement reflects all activity and account valuation up to and including the last business day of the month. EFTA01324470 CLEAVE: TWICCC11 ITS VIKLLY OMEO SLOSCUMY CM Pletnach Crew Math r=Ort Yl. nol 11101.3859 (1121272.10i0 JEFFREY EPSTEIN 2 el I 80P8ZZOOV.L.43 0 0 zz F I C rn z -H r _ 9TLSS£00 IN9 ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 12,.0).'1}1 321 VU, EFTA01324471 CULARE3) EITROVGIE ITS NICELY DAIED SuBSTOMAY BEAR STEARNS Dna SERVICING YOUR ACCOUNT Bear. Steams & Co. Ire. 383 Madison Montt New Tort New Volk 10179 (212) 272-2000 C) 0 Cash Flow Analysis Wes PIRKO Income Summary DITS P( CO MA TO WE Opening Balance OhideOXISAntereSt Amount Credited Net CAM ActMty 328.486.85 ..... µ 15.183.97 315.183.97 15,183.97 Dividends 15.169.36 Other DMdends 0.00 Muni Bond Int. 0.00 Cm& Balance Int. 14.61 Total 315,183.97 70103.42 3.162.50 9,162.43 482.99 382.911.34 z m ClOsing Solana* 343.650.82 Portfolio Composition C Cash Balance Summary Cash/CaSh Coonskin 43.651 in OPOING CLOSING Equities 3.773.562 z J Cash 28.466.85 43.650.82 Total 13.817.213 Net CaS118alanC0 328.466.85 343.650.82 r LILSSE00- 019- ANGS IS b.) V.) 00 S Your Portfolio Holdings CASH 8 CASH EQUIVALENTS DESCAPTIOM CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 543.651 511.60-CLSIP WARM (STEWED CUMIN! OCMYTITY 18331 VALUE MAIM NOME ESOPS) 43,651 02> 109103 11 21 001 BAY. SOWN SKEMAS Cap. Cat Mevetecn Cam Wfl &won Thy Yon 11291,3859 012122240CD JEFFREY EPSTEIN STATemewr IME000 AVAST 30.2003 TITROCCH StlIttrnDeT 30.2003 Accouwr .LAGER 038-28825 X72 yxxxxyrit KAMA On He LAST SEATTIFINT August 29.2003 Your Portfolio Allocation UNA & Equivalent — I% — Equoys 99% tes.ste4 %dol. da—Ja (Mt, baso st.lb. rte. WI. val... int hmn nein a...0.er %at'. 5813 EFTA01324472 ORSZZOO-V.L.43 BEAR STEARNS OFFICE SERVICING YOUR ACCCoNT Bear. &earns 6 Co. Inc, 383 Madison Avenue New York New York 10179 (212) 272-2000 4 n Your Portfolio Holdings (Continued) EQUMES Equities EL Options ACC1 OtSCItnne MAKLICUSIs Mt GUMMY UAW WWI ~Alto SINCE« 0.11110rt MD NI CANHORN CHEMICAL CORP CNCPF CASH 19 Unglited CROWN AMERICAN REALTY TRUST OM CASH 5,000 11.9000 59.500 4,300 7.2269 0 FELCOR LODGING TRUST INC FCH CASH 2.000 10.3600 20,720 GLEN80ROUGH REALTY TRUST INC 6th CASH 2.000 18.8600 37,720 2.800 7.4231 TZ GUMCHER REALTY TRUST-58I GRT CASH 2.020 21.0700 42.140 3.846 9.1267 1 1 HRPT PROPERTIES TR-SBI HRP CASH 10,000 9.1400 91.400 8,000 8.7527 m HOSPITALITY PROPERTIES TRUST 581 JOHNS0& JOHNSON HPT JNI CASH CASH 2.000 57,800 35.0800 49.5200 70,160 2.662.256 5.760 55,468 8.2098 1.9386 KRAMONT REALTY TRUST KRT CASH 2.000 16.9500 33.900 2.600 7.6698 PAN PACWIC RETML PROPERTIES INC PNP CASH 436 43.0000 18,748 889 4.7418 r RAMCO GERSHENSONPROPERTIES TRUST-MD SBI SIRIUS SATELLITE RADIO INC RPT SRI CASH CASH 12.000 1.000 25.4500 1.8300 305.400 1.830 20.160 6.6012 TOO INC T00 CASH 15.600 14.7300 229.788 Total Equities& Options 53,773.562 $103,843 TOTAL EQUITIES 53.773.562 $103.843 _ BTLSS£00 1N9 ANGS YOUR TOTAL ESTIMATED ANNUAL INCOME $103.843 YOUR PRICEOPORTFOLIOHOLDINGS 53.817.213 021 O,0O33.1I 21 ow CILAMED ~stow $2, wMur OwsED SuLtway kw Sum Sans On Ore lasowch Can Mon lek0si. kW Yon 112O144Se t2121272.1000 JEFFREY EPSTEIN ST Tfleff PERKO kignI 30.2003 nstO/2O1.1 Septertte 30.2003 Acootnr tnER 038-28825 X72 tAYPAYM miats On File LAST STArateST AWySI 29.2003 1.13 EFTA01324473 BEAR STEARNS OFFICE SERVICD4 YOUR ACCOUNT Bear. Steams & Co. Mo. 383 Madison Avenue Now York. Now York 10179 (212) 272-2000 Ctiketth TTTROUGT. TTS %WOOS OFTITED SUSSOWTY Sew Siam Slone OT. CT* Ihnotech Orb MGM bocidr, Pint en 0 ant 212.14:00 JEFFREY EPSTEW STATEUECT TITtCO AcGus1 30.2003 THOICT.T2T4 SCpictlider NI 2003 0 m Transaction Detail DIVIDENDS DISCRPTION SYQ000CUSST OUTNIM RAW WI 0010 MOM AtCONiT TAMOETt 038.28825 X72 TAXPAYER ALTANA On Fee LAST STAMITTIT .14441 29. 2003 CREPT MOAT 09/09/03 JOHNSON& JOHNSON REC 06/1W03 PAY 09/09/03 09/12/03 CROWN AMERICAN REALTY TRUST REC 062903 PAY 09112/03 09/15/03 PAN PACIFIC RETAIL PROPERTIES INC RTC 01629.003 PAY 09115/03 JNJ CWN PIA 57.800 5.000 436 0.2400 0.2150 0.5100 13.872 00 1.075.00 222.36 TOTAL INTEREST DATE otsaarnow am no DINT WOW MUM MOUNT cim H 09/22/03 INTEREST ONCREDIT BALANCE AT 012%0621 THRU 00/20 0.5000 14.61 TOTAL 614.61 r 6ILSSE00-O19-ANGS 1001003.111i COT r 13 EFTA01324474 C) 0 z m C in z J r OUSSEOCIND- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New Yak New York 10179 (212)272.2000 au' Your messages Sear, Steams Securities Corp. Net Capital and Net Capital Requirements: At May 31. 2003 and July 31. 2003. the Company's net capital of appronmatety Sad billon and S3.0 billion was approximately 6% and 7% of aggegate debit items and exceeded the minimum regulatory net capital requirement of approximately $799.5 million and 5904.4 million by approximately S1.6 billion and S2,1 billion, all respectively. A complete copy of the Bear. Stearns Sectrities Corp. Statement of Financial Condition is available on the web site wmv.bearSteams.com. Alternatively, to request a free printed copy please call - toll free 1.866-299.9331. Bari =ARCO THROUOM 178 711.00.11 0929110 SUBSOARY l. SWns Secrets On. Ow 1,WwWch Cale. We 91176990. Nt. via 1120141169 Me 772,1030 JEFFREY EPSTEIN STATIWN7 1199190 AUguSt 30.2003 114106O11 90ptembr 30.2003 Ater INT 141.9019ER 039.29825 272 1000Weigt 14.19901 0 No (AST STATEWST Aught 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 account decline in value. so does the value of the collateral supporting your loan. and. as a result, the firm can take action. such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member. in order to maintain the required equity in the account. It is Important that you fully understand the risks involved in trading securities on margin. These risks include the folowing: You can lose more funds than you deposit in the margin account. The firm can force the sale of securities or other assets in you account(s). The firm can sell your seCurities or other assets without contacting you. You are not entitled to choose which securities or other assets in yoke 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 1001931121 COI EFTA01324475 0 -n z C in z r TZLSSE00-019-ANGS BEAR STEARNS OFFICE SERVICING YCUR ACCCUJT Bear. Stearns & Co. Inc. 383 Madison Avenue New Yak. New Yak 10179 (212) 272.2000 This statement is provided to explain Bear. Steams & Co. Inc.'s rEiSC1 payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for 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 or other consideration fa such order routing other than favorable executions or executions of limit orders at no adcktional charge. STOP I End of statement War, meojnn WwCtLv CmIED StaSiDuity Sm. Sawa Slants. 000. On lArveted, Cern:, 80111 110:0030 New York 11201.3859 Qin 2724020 JEFFREY EPSTEiN STATEL/Est PER*, ALsu31 30.2003 THA000. Septcnter 30.2003 ACCetig• %AMR 038.28825 112 TAxPArift want On Re LAST STATevela Augat 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: httplAvona.bearstearnS.COME. Click on Individual Investor, Click on Equities. Cick 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 1011031.1111 001 V811 EFTA01324476 CLEO= MrOrem ITS *MOLLY DertO SUSS/Dar t I P8ZZOO- V.L.43 0 0 m C in r ZZLSSECIO INS ANDS BBIR STBIRNS OFFICE SEAMING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 MadSOn Avenue New York. New Yak 10179 (212) 272.2000 ACCOUNT EXECUTIVE DCHERMAMIRA TELEPHONE (212)272-4189 VISIT OUR WEDSIM wew.bearsteamstorn What's In This Statement Financial Summary 3 Your Portfolio Holdings 3 Transaction Detail 6 11111 Mall JEFFREY EPSTEIN C/O FINANCIAL TRUST COMPANY ATTN JEANNE BRENAN 6100 RED HOOK WATER 8-3 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VAWE OF SECURMES THIS PERIOD* 3.779.512 Cash EcRvaienz $28.467 525.016 NET CREDIT 8AtINCE 28,167 Equnits 57.139.512 53.976.848 PET METE THIS MOOD $3.807.979 NO Onent market slue NET EMMY LIST STATEMENT 1,001,861 LAE SUIDSTINICS market vane CHANGE SINCE LAST STATEMENT -193,885 •T_ ,SAN Yd.o as a enve %name wenn ha an no mans in on To* Vas Cllocure. Wry Net e..b TAY 1erst There are no 'Stop Loss' orders or other pending buy or sell open orders on file fa your account. errs tree an, damp a nerefer el tern to sod record r Wend yeu. b Peel Sera at IOSterire. ern* ern Serer et Sr. rear Serra Ors. Or Wirer Corr Nab. bear" 1.10144.4 Bar Wars Searles Cap. One Iterleat Crtvt Nati erarcirL Now Yet 11202.3$5S tend 272.1000 JEFFREY EPSTEIN sugar., 'moo My 26.2003 lieSOUO11 Aught 29.2003 Accouhrt 'Ample 038-28925 X72 •SOAVES MAME* On Ea CAST STATEMENT July 25. 2003 Important Message LEE SEEM is pleased to announce ors contortion to a calendar month-end statement. Erwin September 2003.your meant statement all reflect all activity and account valuation up to and including the last busness day of the month. Sk: No sorry. kr trlennalbt• SCOW. ury. S iS not reared aS Ana Ovamert Ter a•uerte sericite Ferro1a err mere Sr erten sir & Imirettee Wenner... 027 010093,13 41 CO1 11312 EFTA01324477 CtDflO 1171.10L7O4 ne 11.110U.Y Ow04.0 SuOSOVJtY tior. Sun SetoMei ONO Metoton Cotter Nen OnatIr. New el 20 Ha am 272.1000 JEFFREY EPSTEIN 2 a 0 -n z C in z -H r EZLSSE00- 019- ANGS STATEMENT SACKER IS PRINTED ON THIS PAGE 02' 0110003:1145 001 1.1112 EFTA01324478 9 I tlIZZOO- VIda BAR STEARNS OFFICE SERYCIN6 SCOW ACCOURI Bear. Stearns & Co. Inc. 383 Morison Avenue New York, New York 10179 (212) 272.2000 3 a s Cash Flow Analysis net moo Income Summary DNS PERICO MR TO CAR Opening Balance DMdends4ntacest 525,018.08 3,450.77 DIVRCNICIS Other Dniden:Is Muni Bond Int. 3A40.00 0.00 0.00 54.934.06 3.162.50 9.162.43 0 Arnount Credited 13,450.77 Credit Balance Int. 10.77 468.38 0 Net Cash Actitity 3.45677 Total $3.450.77 567,727.37 m Closing Balance 528.466.85 Portfolio Composition C in Cash Balance Summary OPINING CLOSING CasNCash Equivalent Equities 28.467 3.779.512 Cash 25.016.08 28.46085 TOW 53 807,979 Not Cash Balance S25.016.08 528.466.85 r PZLSS£00 IND ANDS Your Portfolio Holdings CASH .5 CASH EQUIVALENTS DESCRIPTION CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 328.467 SIVAIKACIAIP WARM (SIMARD ORRINI OU/ARIN KIR Will µbbl( MAK 113J3 04 28,467 027 000002.11 45. COI CLFARG0 THR04.4.4 ITS ANCts OWNER SJASIDARY bps Sierra LAMA Coq w INPRIRCP CRAW Nonn EvccERN mew Yak 11201.3079 I212) 272.1000 JEFFREY EPSTEIN STATIDADET mew 1 ly 26 2003 114*D0CM ANguSt at 2003 Accouwr MASER 03848825 372 TAIMAYDI Ala' On Tie LAST STATIVENT July 25. 4303 Your Portfolio Allocation Cash & Ec9n2999 — 41% E Lmies 99% VANclfri Cr.% dna deb Ulm, nate therl eon* alon The aloalcn pirobnata a Orned I-on Poo *molar redo' +La J— {Cabin 1112 EFTA01324479 0.4.4n0 ~DUCH rri tvr4C4.LY 0.11.420 Sull.5.34441Y Lit:Si-COO- V .L43 0 -n in r SUSSECIO 1N9 ANDS BEAR STEARNS OFFICE SERVICING YOUR ACO:UNT Bear, Simms & Co. Inc. 383 Mediate Avenue New York. New Vat 10179 (212) 272.2030 Caw 5~4 Starnes Cap. 054 /*man On Math ~tp. re Pod 11201.3839 (2121212.1020 JEFFREY EPSTEIN Your Portfolio Holdings (continued) STATELIENT PER100 n4ROuCtm it/ 26. 2003 &gat 29.2003 Arrcar ramBER 03628025 r2 EQUITIES TAXPAYER /RARER QiFile Equities 8 Options LAST ST/.TEREST A.iy 25.2003 ntscarnos 511MOU025IP ACtl 014( OUABIIIT( PffiCE ~KIT YAM UTPPA120 Palirrl ~It CURRENT MON CANHORN CHEMICAL. CORP CNCPF CASH 19 Unadced CROWN AMERICAN REALTY TRUST CWN CASH 5.000 11.2800 56,400 4,300 7.6241 FELCOR LODGING TRUST INC FCH CASH 2.000 9.6400 19.280 GLEN8CROUGH REALTY TRUST INC GL8 CASH 2,000 18.3500 36.700 3.440 9.3733 GUSACHER REALTY TRUSTSEII GRT CASH 2.000 20.6600 41.320 3,846 9.3078 HRPT PROPERTIES TR-S83 HEW CASH 10,000 9.0700 90,700 8,000 8.8203 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 31.1400 62.280 5,760 9.2486 SEs JOHNSON& JOHNSON JNI CASH 57,800 49.5800 2,865,724 55,488 1.9363 KRAMONT REALTY TRUST KRT CASH 2.000 17.1500 34.300 2.800 7.5802 PNC AN PACTFIC RETAIL PROPERTIES PNP I CASH 436 42.1000 18,356 889 4.8431 RAMCO GERSHENSONPROPERnES RPT CASH 12.000 24.9800 299.760 20.160 6.7254 TRuSTFAD SRI SIRIUS SATEUJTE RADIO INC SIRI CASH 1,000 1.6600 1,660 TOO INC TOO CASH 15.600 16.2200 253.032 Total Equities& Opt1ons 33.779,512 3104,483 TOTAL EQUITIES $3,779,512 5104.483 YOUR TOTAL ESTIMATED ANNUAL INCOME 3104.483 YOUR PRICEOPORTFOLIOHOLDINGS $3.807.979 021 C4»03 1345 col 1912 EFTA01324480 CLEARED netooce. 03 "MOLLY Gnw SuelSOARY BEAR STEARNS OFFICE SERVICING Mai ACCOUNT Bear. Steams & Co. Inc. 383 Madison AKFlUO NM York, New Yak 10179 (21 2) 272-2000 Sas Transaction Detail DIVIDENDS Bee Sans Searefes Carp One Wooer), Cana Tint ITaratr. Sato Yak 11201-2S59 12121 212-1000 JEFFREY EPSTEIN !RAW PER*00 July 26.2003 Mown AuguSt 29.2003 sawn sure 03%28825 172 TAAPAVCA TAMER On Fie LAS STAltutirer July 25.2003 0 z m DATE otscaracet snow:tee COMM RATE 0) DEW ate CREPT AMOUNT 08/21/03 08/25/03 HOSPITALITY PROPERTIES TRUST Ste REC 07/23/03 PAY 09/21/03 HRPT PROPERTIES TR-SBI REC 07/25/03 PAY 08/25.03 HPT HRP 2.000 10.000 0.7200 0.2000 1.440.00 2.000.00 TOTAL 53.440.00 INTEREST DATE DESCSTION STWOL/CUSIP Doom PATE rs.) DERR ARDOR! Mr *CLINT C in z 08/21/03 INTEREST ONCREIXT BALANCE AT 0 1/2% 07/21 1NRU 08/20 0.5000 10.77 TOTAL 510.77 r 9ZLSSEOCIA19- ANGS I8 tr.) 00 STOP End of Statement 021 OBICY3Ail AS COI V012 EFTA01324481 6 I r8ZZOOV1d3 0 0 z m C in r LZLSS£00 INS ANDS BEAR STEARNS ma SERVICING YOUR ACCOUNT Bear, Steams & Co. Inc. 383 Median Avenue New kVlc. New Yoh 10179 (212) 272-2000 ACCOUNT EXECUTNE ZICHERMANIRA TELEPHONE (212)272-4189 VISIT OUR WEBSITE swm.bearsteans.com What's In This Statement Financial Summary 3 Your Portfolio Holdings 3 Transaction Detail 5 Your Portfolio at a Glance TOTAL VAWE CS SECURITIES DRS MeV 3.976 848 NET CREDIT BALANCE 25.016 PET ECIUTlY 11103 PER100 $4.001.864 NET EQUITY LAST STATEMENT 3.944.973 CHANGE SPICE LAST STATEMENT 56,891 Tx peal*, Wades eft et len tnorme won* roc as rot rielniqh M TS; Wee (I 140144 401 I* Net SWO MG Paled There are no 'Stop Loss" orders or other pending buy or sell open orders on file for your account. 111110111 III II II LI JEFFREY EPSTEIN CJO FINANCIAL TRUST COMPANY ATTN JEANNE BRENAN 6100 RED HOOK QUATER 8-3 ST THOMAS VI 00802 Market Value of Your Portfolio Case & (quintet --I $26.016 $17.496 cies no* *to anew* te rinNael et aware - ems eteteenfee *op* b yoo to tette farces at IO2.1.34-.1411 et we to. Cent Siretel at Seer. Sea-4 *Ott* Cap. *a Iteeneen C.an *en. Om** et Y 1110, 122.9 rouble Current reents value NI Last statement's market wok. $3.976348 $3.627.477 CLE•REO 11000* 1.20.1Y OWMID be. Seen Sweeties Corp. Coo Ihoteltch on MOM 002.20% rev at 20 son RI a 272.1000 JEFFREY EPSTEIN STATFUENT PERGO Art 28. 2003 TIOIOU0.1 lt.ty 25. 2003 Accourt mattes 038-28825 X72 * *AY* wailIER On rue LAST SWIM.* NV 27.2003 wis tureen it kw eeemwsme yawn« owe. rt-ct remeee as MA Caveat netwww 09M M rtaned* yew tt00* Set tent*** Re *pedal ntemeraecn 027 07260)..t0-09 001 1811 EFTA01324482 CLEARED /111101.1CM RS Agar 00120 SUSLOIARY 716le SWIM - Cep. icy Cole Ali 6101101. Nes, Yong 1120141159 (2121 272 10:0 JEFFREY EPSTEIN 2 as 0 -n C in z -H r SZLSSEOCIA19- ANGS IS IJ V.2 00 IN) O STATEMENT BACKER IS PRINTED ON THIS PAGE 021 07/21.03.1009 aol 11311 EFTA01324483 rn IS b.) V.2 00 V.2 BEAR STEARNS OFFICE SERVICING MA ACCOuNT Beer. Steams 8 Co. Inc. 383 Madison Avenue Now York. New Yak 10179 (212) 272.2000 1 a s Cash Flow Analysis Income Summary DAPS= ms Pl7100 YLAR 70 OAT OpeningBalance S17,496.11 Omdends 7,511.60 51.494.08 Other Cr./dards 0.00 3,162.50 OniCendsAnterest 7.519.97 Muri Bond Int 0.00 9,162.43 Amount Credited $7.519.97 Credit BSc* Int. 8.37 457.61 0 Net Cash Activity 7.519.97 Total $7 519 97 564.276.60 ClosinsiBalanca 525,016.06 Tz E I Portfolio Composition Castitash Equivalent 25.016 Cash Balance Summary m 07717.1116 0.05.94 Footles 3.976.646 z J Cash 17.496.11 25,016.08 Total 54.001.864 Net Cash Balance 7,496.11 525.016.08 r 6USSE00- 019- ANGS Your Portfolio Holdings CASH & CASH EQUIVALENTS Otscererav CASH BALANCE TOTAL CASH & CASH EQUIVALENTS 571142.2176. DtIeMIrIY wean ESWATED 0.1611017 Pea AWE /MAL 11103UE MO (IQ 25.016 625.016 027 072603.1009 0)1 MARC, TH770.077 n en7002 AND) StaleeDIARY Oeer. Sterns SAVA CA. Ow Menteen Gael Nerth &0•A 1107 TA 117014,59 (212127220W JEFFREY EPSTEIN $76737002 PERICO Arse 28. 2003 TIAOUOK Ail 25.7003 ACCCUYI UAW 038-28825 272 MAW" µeye On me us* STATEWENT June 27. 2003 Your Portfolio Allocation Cash & CeUivelent — <1% 99% LbW•01. P360IS beige C.U1 ulara7 rev ear Mete! Nat rh• AAA now • dor6A fru" we AMA rout vthe a KV COMA. EFTA01324484 CLEPAID TIRCOOM ITS YmNAY OVAED SLIMOIARY rn IJ 1.2 IJ IJ BEAR STEARNS COME SERVICING VIP ACCOUNT Sew. Steams & CO. Inc. 383 Madison Avenue New Yoh, New Yak 10179 (212) 272-2000 4 us Your Portfolio Holdings (Continued) EQUITIES Equities & Options CESCRPTIO9 SELIKUCUSIP ACCT TYPE 0.1017119 PbCE WR%O MIA CS16IARD Ammo=Je COMM 5100 ne CANHORN CHEMICAL CORP CNCPF CASH 19 Crated CROWN AMERICAN REALTY TRUST CWN CASH 5,000 11.2300 56,150 4.300 7.6581 FELCOR LODGING TRUST INC FCH CASH 2.000 8.5900 17,180 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 19.9003 39.800 3.440 8.6432 -n GUMCHER REALTY TRUST-S81 GRT CASH 2.000 20.9000 41,900 3.846 9.2010 HRPT PROPERTIES TR-SBI HRP CASH 10.000 9.2600 92,600 8.000 8.6393 C HOS►PITALJTY PROPERTIES TRUST HRT CASH 2.000 30.7500 61,500 5.760 9.3659 in Sal JOHNSON& JOHNSON JNJ CASH 57,800 52.2300 3,018.894 55.488 1.8380 KRAMONT REALTY TRUST KRT CASH 2.000 16.9500 33,900 2.600 7.6696 PM PACIFIC RETAIL PROPERTIES KIP CASH 436 41.7000 18.181 889 4.8897 INC RAMCO GERSHENSON PROPERTIES RPT CASH 12.000 24.2900 291.480 20,160 6.9164 r TRUST-MD 581 SIRIUS SATELLITE RAM INC SIRI CASH 1,000 1.6310 1.631 TOO INC TOO CASH 15.600 19.4700 303.732 Total Equities& Options $3,976,848 5104.483 TOTAL EQUITIES 53,976.848 5104,483 OELSSEOCIN9- ANGS YOUR TOTAL ESTIMATED ANNUAL INCOME 5104.483 YOUR PRICEDPORTFOLIOHOLDINGS 54,001.864 Deb Stars Secbtet Cap. Cat blettled, Cane wadi *nee, Nis brit 11201-3659 12125272.1000 JEFFREY EPSTEIN STATratiT .moo Jute 28.2003 THAVJGH July 25. 2003 •CCWM! IaA 038-28825 212 TAXPAYIT PAW 011 Fie AST STATTPINE June 27.2003 027 07/MA11009 Cal 1611 EFTA01324485 Tn I8 IJ IJ oD V.2 BEAR STEARNS emu SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Macison Avenue New York. New Tont 10179 (212) 272-2000 5 of 5 64M0 TRROuGn v*CRLY OWNED SUISOORV No. Awns Scenes Co.. Owl Uomnech C0U. NVT tool*. law Vet II 201.338511 (212) 272.1080 JEFFREY EPSTEIN 87ATEPART PE/000 June 28.2003 0 ii Transaction Detail DIVIDENDS cart DISCRIPTOI TOSIOUDAIP OANTRY RUE m DUN AMOUR 77.2008 ./uR 25. 2003 ACCOUNT maeect 03648825 X72 'mount RuuSER On Fee LAST STATUARY Are 27, 2003 CORM near 07115/03 07/15/03 07/15/03 anew GLENBOROOGH REALTY TRUST INC AEC 07701/03 PAY 07/15/03 GUMCHER REALTY TRUST.SBI REC 0673003 PAY 07715103 RAMCO GERSI4ENSON PROPERTIES TRuST4A0 SN RE 06/3003 PAY 07715.03 suencerr REALTY TRUST REC 062803 PAY 07/1801 GLB GRT RPT KRT 2.000 2,000 12.000 2.000 0.4300 0.4808 0.4200 0.3250 860.00 961.60 5.040.00 650.00 C rn TOTAL 57.511.60 INTEREST DATE oFscamow sum/cum OLVIRITY RATE N OM WWII caw moan 07721/03 07/21833 INTEREST ON CREDIT BALANCE AT 01m% 06/21 11/11062/ INTEREST ON CREDIT BALANCE AT 0 1/2% 05r25 TIRO 07/20 0.7500 0.5000 1.45 6.92 r TOTAL 58.37 TELSSEOCIA19- ANGS End of Stetemen on O7/2933.1001 001 %SU EFTA01324486 OFFICE SERVICING YOUR ACCWJT Boar. Stearns Si Co. Inc. BUR 383 Madison Aroma New Tot. New York 10179 STEARNS (212) 272-2CCO ACCOUNT EXECUTIVE ZICHERMAN.IRA TELEPHONE (212)272-4189 VISIT OUR WEIXSITE eww.bearsteamscom What's In This Statement IllrlllrllleeleII II Financial Summary 3 JEFFREY EPSTEIN Your Portfolio Holdings 4 CIO FINANCIAL TRUST COMPANY ATTN JEANNE ORENAN Transaction Detail 5 6100 RED HOOK (WATER B-3 Fund Activity 6 ST THOMAS VI 00802 0 Your Messages 8 m C in r ZELSSEOCIND- ANGS Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD' 3.927.477 NET CREDIT BALANCE 17.4% NET EQUITY Tic PERIOD 53.944.973 NET EQUITY LAST STATEMENT 5.799.343 CHANGE SIC LAST STATEMENT .1.854.370 m* Foible Inealas SM Pr nen ~tad PlopRol IN Ara ti RAMS Fns Tatn1 VAR S feattepe gni Ihe Pat 00/12114 Pal There are no 'Stop Loss orders or other pending buy cr sell open orders on file for year account. Market Value of Your Portfolio Cash & Eouwassec jar S548.819 Menu Axel ley &fleet n Treeeeetain a Palo ee 'beta. ValcOns n gebone la eau CIem Samoa at aa14.14.142. or urn b Cant SeNore Mb Sinatra SeauXen Cove. Ow Kern Comp eerie CIIIXICIr. NV 112014114 routes $3.927.477 14.061.448 Inane 51.200.000 MI el:tient made( MU! Last statements market rake CLEARED tomoracm Its musty memo surname. — Seem Swoon Carp owe M ath Caner len tenon" Kea Yeti 1120148311 R121 272.100D JEFFREY EPSTEIN nanytmarr need May 31. 2003 nramuOm ACCCCAIT PLUMP TAXPAYER WATER LAST STATX14111TT s lipc me wawa for trenreens wean arra. Ireft in a tit 000rteel. TVs Yemeni end: be Menne Tx yeti .earn Sox town OR fee keetonael fIernoetel 027 0628133.12.00 COI Ace 27. 2003 03B-28825 x72 On rile May 30.2003 important Message Confrmaton: Unless we hex from you to the coruary. It is o urderstanding WI any tree credit balances in your account are being maintained to fateitate your intention to invest such amounts through us. EFTA01324487 CLEARED 210000n ITS WmOuv Orta20 $UISSODIPAY Ser. Span Searle 2.077. at arta c.. SET Vaal" 71e• Yett 11201411571 22121 2721030 JEFFREY EPSTEIN 2>I 0 0 E I C in z -H r EELSSEOCIA19- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 060603.12-00 001 vtDE EFTA01324488 rn 8 IJ 00 11,2 0". 0 TZ T I 5 m r PELSSEOCIN9- ANGS BOAR STEARNS OFFICE SERVICING YOUR ACCCONT Beer. Steams & Co. Inc. 383 Madison Avenue New Yak, New York 10179 (212) 272-2C00 3 al • Cash Flow Analysis MS M Income Summary 1115 MECO YEAR TO OATE Opening Balance 5123,298.47 Din:lends 15.169.36 43.982.46 Other Dividends 583.22 3.162.50 Securities Sold 1,200,000.00 Muni Bond fra. 1.842.74 9,162.43 Money Find 424.487.67 Credit Balance Inc 81.52 449.24 DIvidetx/stIntetest 17.093.62 Total $17,676.84 $56.756.63 Amount Credited 51.641.581.29 Money Find -383.65 Funds Withdrawn -1.747.030.00 Portfolio Composition Amount Debited $.1.747,383.65 Cash/Cash Equn-alem 17,496 Net Cash Activity -105.802.36 (MACS 3.927,477 ClosingBalance 317 496 11 Total 53,944.973 Cash Balance Summary OPENING CLOSING Cash 123.298.47 17,496.11 Net Cashaelance 5123.298.47 517.496.11 027 WM3.12 00 COI =AMC TioltOuGN RS RACILY OWSICO SUES ONRY Ma Simms Swat) COP Ono Iletrelycli C— 'on &oat" Now 'fort 11201412S MI) 212.1o:o JEFFREY EPSTEIN rowan ARCM IMy 31.2037 noiottaii June 27. 2003 ACCOUNT WSW 035.23825 TAXPAYER Malt On Fib OAST STATERENT May 30.2003 Your Portfolio Allocation Cash & Equivalent <1% Equities 99% Kel0 , 4 Proli POE Wm), a ave.. 7.707 ryas Rouen Ton omega Wee 1..;• A 0 , 611.4 yen 1.• manor mane rata a root zetNIR '11041 EFTA01324489 0 m C in r SELSSEOCIND- ANGS V.) IJ 00 IJ a BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & CO. Irt. 383 1.100C41 Avenue New York. New Yak 10179 (212) 272-2000 Your Portfolio Holdings CASH & CASH EQUIVALENTS im101 MAT0 GUM 0001,031 Seee.0.62P Oueernr MU( ANNUAL 1M CM YEWMI (%) CASH EIMANCE 17.496 TOTAL CASH & CASH EQUIVALENTS 517.496 EQUITIES Equities & Options DESCRIPTION SYMOU01911 Par ME COUffilY MIX 1A1RICE1 Welt ESMATED MkUAL MOM 0.10110 MID IV CAMIORN CHEMCAL CORP CNCPF CASH 19 Unprked CROWN AMERICAN REALTY TRUST CWN CASH LOCO 10.4800 52100 4.300 8.2061 FELCOR LODGING TRUST INC FCH CASH 2.000 7.8003 15.600 GLENBOROUGH REALTY TRUST INC GIB CASH 2.000 19.4800 38.960 3.440 8.8296 GUMCHER REALTY TRUST-S81 OW CASH 2.003 22.5100 45.020 3.646 8.5429 HRPT PROPERRES 111•SW HRP CASH 10.000 9.2000 92.000 8,000 8.6957 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 31.1400 62.280 5,760 9.2486 Sel JOHNSON& JOHNSON JNJ CASH 57.800 51.5400 2,979,012 55.488 1.8626 KRAMOnfr REALTY TRUST KRT CASH 2.000 16.8800 33.760 2.600 7.7014 PAN PACIFIC RETAIL PROPERTIES PRP CASH 436 39.6900 17,305 889 5.1372 INC RAMCO GERSHENSON PROPERTIES RPT CASH 12.000 231900 278.280 20,160 7.2445 TRUST4AD 581 SIRIUS SATELLITE RADIO INC 588 CASH 1.000 1.6400 1.640 CWRCO TROUGH ITS ?meter Ormi0 SueMeAv as. — Ste_ 003. One lament Ceram Moth Monet Ns Van- 112014550 12121 272.100) JEFFREY EPSTEIN summer PRIMO Vey 31.2003 TRInuoto At* 27. 2003 .403.tir rumen 01928825 572 Recomert µ1.mER On rtle 'Asir re tworT May 30.2003 091 012110312-03 0:11 Na EFTA01324490 O -n C in z r 9ELSSEOCIN9- ANGS 8 b.) b.) 00 00 OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. BEAR 383 Mattson Avenue Now York. New York 10179 STEARNS (212) 272.2000 CLEueto ristann ris nectar Ow= avower M. Sean Sean es Cap. evenue, fee/ *Mt Scoop% Am rot 11201.3BSSfr 1214 272.1C00 JEFFREY EPSTEIN summer PERM ray 31. 2003 71wµ10.4 km 27.2003 ACCDPAIT VAISER 038.28825 X72 'TAXPAYER KAMM On FIO LAST STAMYVIT Ilay 30.2003 5 or I Your Portfolio Holdings (continued) Equities 8 Options (COrtinue0) SW OtSCR•10. Slat/CUSP WPC Oamv Ma soma mi.( CIMJAT0) Amu.. IsCOm CUtaft.1 1IL re TOO INC TOO CASH Total Equities& Options 15.600 19.9500 311.220 53.927.077 5104.483 TOTAL EQUITIES 53827.477 5104.483 YOUR TOTAL ESTIMATED ANNUAL INCOME 5104.483 YOUR PRICEDPORTFOLIONOLDINGS 53.944.973 Transaction Detail INVESTMENT ACTIVITY SITTLESIOR Iltatt DATE out misstate Mane 06/18/03 06/18/03 SOLD METROPOUTAN TRANSN AUTH NV 59259RED2 -1,200.000 100.00000 1.200.000.00 SYMSClatUSS, OUMMTY PRICE DEW WOW OR /MOW REV REDO-5ER 0-2 CUE 11/01/2032 01.000% SUEU TO EXTRA ORD CALL EE OPT PUT TO YIELD 1.000 %TO MATURITY ACCR. INT. 540.82 TOTAL 51,200,540.82 027 C.10.03:11•CO COI veal EFTA01324491 0.E4RED TWOS.. ITS MOAN ',MAO SubStun -n C in r LELSSE00-019-ANGS 8 00 410 aJ IJ BEAR SIMMS CEF10E SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Madsen Avenue New York. New York 10179 (212) 272.2000 6 a s Transaction Detail (continued) Beat Stints koalas Ccep. o't Yemen Cate NOT bootIr. Maw net 11201.1969 crin2/24000 JEFFREY EPSTEIN sunowar Ptle00 May 31.2003 Thp•Or.et June 27.2033 ACCOuNT KAMER 038-21825 X72 TAIMAYER POWDER On Fie DEPOSITS AND WITHDRAWALS LAST s-Ankor lasy 30.2003 Oat TRANSACDON DESCRI01004 015,1 mucuvT cstton M100NI 06/18/03 END WIRED MDARM8534047ENDS WIRED TO 1.047.000.00 MORGAN CHASE BANK AC665-502334945 m FI740341474 SOLD u 06/19/03 END WIRED PADA* TAB534678FHOSHIRED TO 700.000.00 PLiORGAN CHASE BANK AC739110438 FOr02181 TOTAL S-1 747 cocoa OW' WOW MON AMOUNT MONEY FUND ACTIVITY OAR MOW RNdAttOl COUSTICH SYLOXVO.e. 05/31103 OPENINGBALANCE 423.520.80 06102/03 DIVIDEND DREYFUS TAX EXEMPT CASH DEW 383.85 MANAGEMENT MIL SH MONTHLY DMDEND 06/02/03 REINVEST DREYFUS TAX EXEMPT CASH DEW 383.65 383.65 MANAGEMENT NSTL SH NVICENO REINVESTED 05119/03 SOLD DREYFUS TAX EXEMPT CASH DECO( -423.904.45 1.24200 423.904.45 IMNAGUENT NSTL SH 06/20103 DIVIDEND DREYFUS TAX EXEMPT CASH DECO( 199.57 IMMOMENT NSn SH DNS 06/27/03 CLOSINGBALANCE 0.00 TOTAL S-363.65 5424.487.67 027 Of.29.,3 001 VII011 EFTA01324492 tri 4 8 IJ 00 1.0 O m cim H r 8ELSSEOCIAID- ANGS BUUR. STBcRNS OFFICE SERVICING YOUR ACCOUNT Bete. Stearns & Co. Inc. 383 Mattson Avenue New York. New Yak 10179 (212) 272-2000 Transaction Detail (continued) DIVIDENDS QO TWOS./ as WHOLLY OAFS 8.2880 Mite Dear. San Smuts Cap. One Ihrtatcrs Cent MAP irodOln Not at 1201.3859 (2121 2/2.1000 JEFFREY EPSTEIN STATIVANT WIE00 /My 31.2003 notann June 27.2033 action ni 038.28825 372 ympwrit MAW On Fie LAST STAWHE Pa May 30.2033 DMZ DESCRIPTOR SYMOOLCUSW Orman watt (4) DOA MOM CREW AMOUNT 06110103 JOHNSON& JOHNSON JNJ 57.800 0.2400 13,872.00 NEC 05/2003 PAY 06(1003 06/13/03 CROWN AMERICAN REALTY TRUST CWN 5.003 0.2150 1.075.00 REC 06)203 PAY 06113.03 06/13/03 PAN PACIFIC RETAR. PROPERTIES NEC 03/23/03 PAY Cen1,03 TOTAL S15 169.36 PNP 436 0.5100 am INTEREST can DESCATITEN 06/02/03 METROPOLITAN TRANSN AWN NY 59259RED2 1.200.000 1,301.92 REV PiDG-SER 0-2 DIR 11/01/2032 1.150 REG IIIT ON 1200000 EINO REC 05/3003 PAY (26/02/03 MAIOUCLISP CLAIM RATE Oil DESET AVOW CREME MA3Ula 06/23/03 INTEREST ONCREOIT BALANCE AT 0 3/4% 0671 INK 0620 TOTAL 0.750D 81.52 '184 EFTA01324493 I Et8ZZOO-V.L.43 0 -n z C in z J r _ 6£LSS£00 IND ANGS BEAR STEARNS grief SIDenCiNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madsen Avenue New Year. New York 10179 (212) 272.2000 01 Your messages Ca' With interest rates at their lowest in 45 years. income oriented clients are reminded of the risks inherent in attempting to maintain a increase the average yield on a tired income portfolio. Generally. securities carrying a higher yield come with some combination of added credit risk. extended maturities, reduced liquidity. or special call features. Rising interest rates can cause a decline in the market value of your portfolio. which wi impact your principal if securities are sold prior to maturity. Please consult your Bear Steams account executive if you would like to discuss your fixed income portfolio. As a leader in Fixed Income. Bear Stearns can analyze any portfolio. held here or elsewhere and make recommendations such that your portfolio is aligned within your tolerance for risk. End of Statement 027 01/2803.1290 WI CLEARED TOOLIM 11,4 ymoux OM.) SuBSDLARy Inc. Aura Moan Com os IMMoch C NVP — boo*" It. Vet 11201.4459 I21Z 2724009 JEFFREY EPSTEIN STAMEN? Pf1000 they 31.2003 ineocuem lune 27. 2003 •ceourt realm 03628525 X72 TwAym Malla On Fie LOW STAMM0 ?My 30. 2003 MOE EFTA01324494 eLEARID SWUM. ITS MOLLY SSW SUSOMAY BEAR STERNS OFFICE SERVICING MAI ACCOUNT Sew. Steams a Co. Inc. 383 Madison Avenue New Yak. Nov York 10179 (212) 272-2000 ACCOUNT EXECUTIVE ZICHERMANTRA ITLEFicen (212)272.4189 VISIT OUR WEBSIIT winttearsteams.corn What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 6 Fund Activity 6 IIHIIIIIIIIIIIIIIuIuulII JEFFREY EPSTEIN CIO FINANCIAL TRUST COMPANY ATM JEANNE BRENAN 6100 RED 1400K QUATER B-3 ST THOMAS 1/1 00802 -n C in r Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURMES THIS FERRO- 8251./148 LONG ACCRUED INTEREST 1.076 NET CREDIT BALANCE 123.298 MONEY MAWCET FUND MANCE 423.521 MR town nos memo $5,799,343 NET EQUITY LAST STATEMENT 5.881.585 CHANGE SMCE LAST STATEMENT -82.242 Cash & Erstinakrt AM " 4419 1541.749 EqutieS $4.061,448 $4,138.7$5 Ned 51.200.000 Income 51.200.000 parent market vatic - last statements mite nee OPLSSEOCIND- ANGS ^ Ns Denbo Ma . dr or nen usifbid wallas IS news hts ea sow et Swam an. S• MI &At TWO holed. There are no 'Stop Loss' orders or other wars buy or sell open cadets on file for yaw account. Phase noel Sy Serene Cr raincein if ainki et 'bate dialwid • bb. ems Sven at 103614, 17*. ante n Sell &Manliest cwt Faint Coe. 0w Vennn, Cris Seri ilintar, N.. 11201-31130. bur. Slam Swam Can Ore Idarainti C— boot*. NM vet 11201.3430 12121 272.1030 JEFFREY EPSTEIN MISES mace April 26.2003 TISOCCIt 'An 30.2033 ACC.CiJeT Sellet 03826825 02 ISMS. KAMER On rim LAST STATtlabT April 25.2603 Trio sunny is fee Wommatoi Talons orly. T Is no ',m%-0 num coamas. The weemin snak t4 mune, lw yxr moans. See mem sib 1X Ontaial interaecn 027 0331033 5 30 001 3614 EFTA01324495 =ARGO 714101030 rrs 10.11OLLY SoSSOwtf olto. Sten St-0nm Cap. Cr* Mercian Cato NOM ikomays. W. Tat 11701.3039 21a 212.1000 JEFFREY EPSTEIN 2 a• C)0 -n C in z -H r TPLSSEOCIA19- ANGS 8 IJ 00 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0513110.t15:30 001 V0.14 EFTA01324496 BEAR STEARNS orra SEFroCDIG YOUR ACCOUNT Bear. Steams & Co. Mc. 383 Madison Avenue Now York. New York 1O179 (212) 272.2000 3x7 Cash Flow Analysis nes PI MO Income Summary DC moo MR JO DAN Opening Salome Money Fund 3118.592.07 363.57 Pviderds 3.440.00 Other Dmdends 363.57 Muni Bond Inc. 1.19138 26.813.10 2.579.28 7.319.69 0 0 DMaendsiknerest Amount Credited 4.706.40 35.069.97 Conk Balance Int 74.62 Total $5,069.97 367.72 339.079.79 Money Fund -363.57 m Amount Debited Net Cash Activity 5.363.57 4306.40 Portfolio Composition C in ClosingBalance 3123,298.47 CasKash Equivalent Equities Fixed Income 546.819 4.051,448 1,200,000 Total 35.790,267 Cash Balance Summary eetterc 0.051.3 r ChM 118.592.07 123.298.47 NetCasti Solana 3118,592.07 5123.298.47 ZPLSSEOCIN9- ANGS 027 05,31,03 15 3C COI CLEARED natant rrs %W1/ 0s. sumeacture Beat Sun Staten Cet. Ott klantach Center WV Ertel," Mee York 11201, 3859 I212J 272.ICCO JEFFREY EPSTEIN STATEMENT PERKO Apt 26.20O3 THROLOI May 30.2003 Accouter sweet 018-20825 777 taxPAYFR µAMA On Fie LAST stnektner pi 25. 2OO3 Your Portfolio Allocation Case L Equivalent 9% Fits Income 21% Eqeeses 7O% 1.1.,..a0.1 Wee* dem* eget Wane* raft, sr., fun* rsts.4 rie tra-Lips. • Onvd P• am** "now Mn or v....v:01,4. 544 EFTA01324497 O.EMF.0 TMOUCRi as MliCtLY ornao Suesobure SEV8ZZOO- V.L43 0 -n C in r _ £4LSS£00 IND ANGS BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madeson Avenue New York. New York 10179 (212) 272-2000 4 or Your Portfolio Holdings S•.ATtteYT PfR770 7747eCtsGM CCOIMT HAMER *1 26.2003 May 30.2003 038-2/1825 X72 CASH & CASH EQUIVALENTS TAWAYIA NI.MOCR trArewee On File April 21. 2CO3 DESCAIPTON SYI awn euu MAW MCC IMMO= COMIC mama MOW MO ro CASH BALANCE 123.298 DREYFUS TAX EXEMPT CASH DEM 423.520.80 1.0200 423.521 4.235 1.0000 MANAGEMENT INS% SM EST 30 DAY Ave DEW 1.0400% TOTAL CASH & CASH EQUIVALENTS 5546.819 54.235 EQUITIES Equities & Options ACCT IMMT [MIAMI GUMMY COMMA MA:LP 60 Mt MAMMY FREI VALUE IMAM HCCM vItt0 III CANHORN CHEMICAL CORP CNCPF CASH 19 Unread CROWN AMERICAN REALTY TRUST CWN CASH 5.000 10.0400 50.200 4.300 8.5657 FELCOR LODGING TRUST INC FCH CASH 2.000 8.4900 16.980 GLENECROUGH REALTY TRUST INC GLB CASH 2.000 18.6500 37.300 3.440 9.2225 GUICHER REALTY TRUST-SBI GRT CASH 2.000 21.8200 43.640 3.846 8.8130 HRPT PROPERTIES TR-S84 HRP CASH 10,000 9.4900 94.900 'LOCO 8.4299 HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 31.5900 63.180 5360 9.1168 581 JOHNSON& JOHNSON JNJ CASH 57.800 54.3500 3.141.430 55.488 1.7663 KRAMONT REALTY TRUST KRT CASH 2.000 16.2500 32.500 2.600 8.0000 PAN PACIFIC RETAIL PROPERTIES PNP CASH 436 39.2900 17330 889 5.1897 NC RAMCO GERSHENSONPROPERnES RPT CASH 12.000 23.3900 280.680 20,160 21826 TRUSTMO Sal Beet _s Multes Cap. one lemottat Cn LIM Iteder, We m 20 3859 12111 211.1000 JEFFREY EPSTEIN 06/11033:15c30 001 Vau EFTA01324498 9EV8ZZOO-V.L.43 0 -n C in r _ trI7LSSE00 INS ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Elew, Stearns & Co. Inc. 383 Madsen Manua New York, New York 10179 (212) 272.2000 5 a7 Your Portfolio Holdings (continued) Cam= THROWN ITS weiruT CvsNi0 SJOICAARY Y. Awns sweiln On. Ors memo Now 10 taw" -yea 11201.3461 (2121212'1060 JEFFREY EF5TEIN stamen moo aora 26 .2003 newer May 30.2003 r.cocton 10.w61 038.223125 172 TAXPAYER suat ell RN LAST rrAmaerr Apri 25.2003 Equities & Options (continued) CESCRIPTICM STP18000212P COMM WKS 13TPIA731) CURRENT PACE VALUE PIMA/ WWI '110(14 CLPAP27 MO RI SIRIUS SATELLITE RADIO INC SIRI TOO INC TOO CASH Total Equities& Options 1.000 15.600 1.6000 1.600 17.4300 271.908 $4,051.448 $104.4133 TOTAL EQUITIES $4,051,448 $104.483 FIXED INCOME Municipal Bonds 0131CRIPIKS TRABOLCUS, ACC7 WARTY AIX:qt.( 0 PPICE 30.03231 vALiX TirtRIST ESTIWATED ml,UM RCM METROPOLITAN TRANSN AUTHNY 59259RE37 REV RFDG-SER 0.2 DATED DATE 05130/02 9302 ENTRY ONLY TSA INSURED DUE 11/01/2032 1.150% RAMC: SOP A.1.. Total Municipal Bends CASH 1.200.000 100.0000 1.200.000 1.076 $1,200.000 $1.076 13.800 513.800 1.1500 TOTAL FIXED INCOME 51,200.000 51.076 513.800 YOUR TOTAL ACCRUED INTEREST 51.076 YOUR TOTAL ESTIMATED ANNUAL INCOME $122.518 YOUR PRICEDPORTFOLIOHOLDINGS 55.798.267 027 03/3,01.15 30 301 v644 EFTA01324499 MUM Tiled witU. 00019) SUMMARY 0 -n C in r SPLSSE00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Stearns & Co. Inc. 383 Matrison Manua New York. New Yak 10179 (212) 272.2000 6 {f Transaction Detail MONEY FUND ACIWITY OAR la2MAY TR.INS.CD3N DESOIIMICN 511.4CUCUSIP mum rwca 04126/03 OPENINGBALANCE 423,157.23 05/01/03 OMDEND B.MILINES CASH DEC0 MCKOILY DMDEND 090103 REINEST EERS TAX SAN CASH MIDIT OMR. DEEC( 363.57 DIVIDEND REINVESTED 05/30/03 CLOSINGBALANCE 423.520.80 TOTAL twat. Ream Stoats Co One *Octet!. Cenw Not iraori. Kos Yak 112014139 ‘212) 2)2.1000 JEFFREY EPSTEIN STAItter4T insto0 Arl 26. 2003 IMy 30.2003 ACCCoNT NuweER 019.28025 Xn TAx•Avet NURSER 0n File LAST IITATINENT Ion 25.2003 con mow attar art 363.57 363.57 5463.57 5363.57 DMDENDS DATE 66501•1106 SYWOCUOUSP OUVRITf WE III OCR" MOM CREW maw 0.922/03 HOSPITALITY PROPERTIES TRUST HOT 2.000 0.7200 1,440.00 581 REC 04/9907 PAY 0922/03 05/23/03 IMPT PROPERTIES TR-93/ NRP 10,000 0.2000 2.000.00 REC 04/2903 PAY 0923/03 TOTAL 33,440.03 INTEREST OW 0CSCRIMION SYNIICL.V.,SP warm RAH DI) OM AMOUNT CREW AMOUNT 59259RED2 1,200,030 1.191,78 05/01/03 METROPOLITAN TRANSN AUTH NY REC 4rwo3~i 027 0101/03:1$10 001 Y644 EFTA01324500 SEVSZZOO-VI.A3 o 0 m ci H r 9VLSS£00 IND ANDS BEAR STERNS OFFICE SERVICING YWR ACCOUNT Beer. Steams & Co. Inc. 383 Madsen Avenue New York. New York 10179 (212) 272-2000 74'T Transaction Detail (continued) INTEREST (continued) ONE OLSCISOCal 05/21103 INTEREST ON CREPT ITAUNCE AT 314% 04121 DIRU 0920 TOTAL SYMBOLCUSJi• OVIMMY OAR MI 0.7500 CWflO 11410U0n YTS %TOED' OVentO 'Unbar beet. Sienna So en Or. Ore lkinted) Can Parr Orondin. Wv Tryl, 112014/59 272-10:0 JEFFREY EPSTEIN STATTWNT PEFOCO An 26. 2003 nnIOUOM NOT 30. 2003 ALCOurn MMINVI 038-26825 x72 TwAYEn µAMER On no LAST STATOMMT *I 25.2003 'I NT Avon orcon Awoon 74.62 S1.266.40 STOP End of Statement 021 4024 EFTA01324501