Epstein Secrets

NYGM,355859 EFTA_00228551 EFTA01324614 082.NED 81110123.4 rta ?met. °MAD SlASIDIARY rn 8 b.) 00 10 1.0 O -n C in r 098SSEOCIN9- ANGS BEAR STEARNS °TICE 5ERVICisiG YOUR ACCOUNT Beat. Stearns a Co. Inc. 383 Madison Avenue New York. New York 10179 IIIndLlrLd11I I II JEFFREY EPSTEIN C./0 FIN

THROUGH Deeenter 30.2005 ACCOX47 eutellft TAXPAYER .om On Re MST STATDiestr tioternbet 30, 2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain secaities covered by the Frm's Equity Research Department. The first rating represents the stock's total return relative

07.01/051042 OX 1.1013X EFTA01324664 OFFICE SERVICING YOUR ACCOUNT Beat, Stearns b Co. Inc. BEAR 383 Madison Avenue Net York, Nett Yak 10179 STERNS CLLOW.0 reeerwle vas WriOU.11 OvateD 5.8413811T Be. Stew-'. Senates Cory Ore Werreirch Cretre Mn .0012p. Nes at 201 343.9 IMMO JEFFREY EPSTEI

orders or other pending buy or sell open orders on file for your account. reOVI air 4, to, otos to axis ea.ral es esinen: la Chet Savo,. r Cu-9 Stearn if 0a% Sawn. Sotsr+44 Ora Ow Yeawr C.9. heti &War. NV 112;1409 TH1 snowy is vu kritimiliVt P.m*. My. Finn,' Needed 5, a to 099net Thn szewav abldd

ENT IMO rm HOSPITALITY PROPERTIES TRUST HPT CASH 2.000 43.9200 87.840 5,760 6.5574 $61 0 JOHNSON& JOHNSON BSC RATING: STOCK NSEETOR IAN SABRIENT SYSTEMS. L.L.C. JNJ CASH 57.600 67.1000 3.678.380 76.296 1.9672 RATING: H Y/TS LUCENT TECHNOLOGIES INC LUTHW CASH 235 0.7000 165 TZ E I UP 1

TOTAL CASH & CASH EQUIVALENTS 434.776.19 1.0000 434.776 7.391 1.7000 $434,785 97.391 EQUITIES Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. fi e first rating represents the stock's total return relat

vided by the Firm and/or the inclusion of Independent Research ratings in trade confirmations, periodic account statements or vfimv,bearsteams.com. Bear Stearns is not required to supervise the production of Independent Research and has no responsibility to comment on the content of such Research. End of St

TED ANMJAL INCOME CURRENT YELD1144 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 21.2800 42.560 2.800 6.5789 BSC RATING: STOCK P/SECTOR MW SABRIENT SYSTEMS, L.L.C. RATING: S GLIMCHER REALTY TRUST-SS' GRT CASH 2,000 27.7100 55.420 3,846 6.9397 HRPT PROPERTIES TR-SBI HRP CASH 10.000 12.8300

THROUGH December 30.2005 ACCCUNT NUMBER x72 TAXPAYER MAUER On File LAST STATEMENT ROMERO( 30.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firms Equity Research Department. The first rating represents the stock's total return relativ

Please 'sped any dfference cc naweceact of *eats or skrffra midland ae dernerwl Is no. lo Clem Semen el 110904.1429: a wen Is Clete Savwes at Dew. Stearns &voiles Cap.. Ono lArremoch Conn Hoak BrooeHrL N.Y. 11201,395a llllllll ,,,,,,, llllllll Current market value ME Last statements market value

NC FOR CASH 2,000 14.4800 28,960 GLENBOROUGH REALTY TRUST INC GLB CASH 2,000 20.5900 41.180 2.800 6.7994 BSC RATING: STOCK P/SECTOR MW SABRIENT SYSTEMS. L,L,C, RATING: H GLIMCHER REALTY TRUST-SBI GRT CASH 2,000 27.7500 55.500 3.846 6.9297 HRPT PROPERTIES TR-SBI HRP CASH 10,000 12.4300

. 2004 ne3uOm Augm 31.2001 ACOOlte NUIMIR 038.28825 X72 TosaweLR so.RER G Rik UST STAMM! Ay so. 2004 Equities & Options The research ratings fa Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relati

1,8400% TOTAL CASH & CASH EQUIVALENTS 412,965.08 412.965 6.607 1.5999 $416.505 S6.607 EQUITIES Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return relati

ITTY POKE YAI.Ut ièrek PCOW TKIanN GLEN80ROUGH REALTY TRUST WC GIB CASH 2.000 21.8400 43,680 2.800 6.4103 BSC RATING: STOCK P/SECTCR MW SABRIENT SYSTEMS. L.LC. RATING: H GLSACHER REALTY TRUST-SW GRT CASH 2.000 26.9500 53.900 3.846 7.1354 HRPT PROPERTIES TR461 HRP CASH 10.000 12.0900 120