Statements

Statements EFTA00197171 CLEARED THROUGH ITS Altar" DAY.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSIIE www.beartheams.com Important Message II any inlormation regarding 2003interest. dividends. miscellaneous income. gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by February 2.2004or a 1042Sby March 15.2004. 11.,.11...1,.1.11.i.,.1,1 FINANCIAL TRUST CO INC CIO JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear,Stearnsand Co.Inc.outstanding as of date of statement PURCHASE: START DATE 12/19/03 OPEN 980.000 0.990 TOTAL REPURCHASETRANSACTIONS As or slernopi dery Trio spore POSIDOns 00 1101 voter In trrir one mar. 01 I's IlaRn-,r/ REPURCHASE/ ENO DATE PURCHASE P