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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
ERSHENSON PROPERTIES RPT CASH 12,000 32.2500 387.000 20,160 5.2093 TRUST-MD SBI SIRIUS SATELLITE RADIO INC SIM CASH 1,000 7.6500 7.650 BSC RATING: STOCK P/SECTOR MW ATLANTIS RESEARCH RATING: B Total Equities& Options $4.559.197 $114.279 TOTAL EQUITIES $4.559.197 $114.279 02/ 0101 0!,:9:18 Beer. SZeir
THROUGH December 29.2006 ACCCUNT NUMBER TAXPAYER NURSER On RIM LAST STATEMENT Hoyernter 30. 2006 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative
ed) EQUITIES Equities & Options Independent, third•party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost, Customers can access this research at wvv,bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to t
VESTORS ENVIRONMENTAL SOLUTIONS ESWW CASH 100.000 0.6200 62,000 WORLDWIDE INC KERZNER INTERNATIONAL LTD KZL CASH 10.000 80.0000 800,000 BSC RATING: STOCK P/SECTOR MW NED DAVIS RESEARCH RATING: 8 VECTOR GROUP LTD VGR CASH 159,589 16.1900 2.583.746 255,342 9.8826 WYNN RESORTS LTD WYNN CASH 10.000 64
& CASH EQUIVALENTS 25.497.697.67 1.0000 25.497.698 509.954 aocop $25.574,586 $509.954 EQUITIES 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
LTD KA CASH 10,000 60.3300 603.300 BSC RATING: STOCK P/SECTOR MW NED DAVIS RESEARCH RATING: B TCO INC TOO CASH 50.000 27.1600 1.358.000 BSC RATING: STOCK P/SECTOR MW GARP RESEARCH RATING: B VECTOR GROUP LTD VCR CASH 276.990 16.2400 4.498.318 443,184 9.8522 WYNN RESORTS LTD WYNN CASH 10.000 65.5600
Entities connected to both Bear Stearns and BSC RATING: STOCK P/SECTOR

Jeffrey Epstein
PERSON
Financial Trust Company
ORGANIZATION
New York City
LOCATION
North
LOCATIONEOUITY
ORGANIZATIONMASSER
PERSONEquities & Options
ORGANIZATIONSZeirns
PERSONOESCRPTION
ORGANIZATIONthe National Association of Securities Dealer's
ORGANIZATIONPeer Perform
PERSONMarket Overweight
PERSONNeer York
LOCATIONthe Firms Equity Research Department
ORGANIZATIONCURREN
ORGANIZATIONUnWooecl
PERSONDESORIPTCN
ORGANIZATIONNED DAVIS RESEARCH RATING
ORGANIZATIONAuguu
ORGANIZATION