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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
tection changed to Customer Asset Protection Company MAPCO", a New York licensed insurance company, CAPCO has an Ai- financial strength rating from Standard & Pool's, End of Statement Beer. Neon Seceemr Dap. CcoMetsolech Contm North Beccidon. New Year 11201.3859 JEFFREY EPSTEIN STATEMENT PERIOD January 31.20
4 THROUGH December 31.2004 ACCOUNT NUMBER TAXPAYER MASSER On FIk LAST STATEMENT November 30.2004 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
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
ion changed to Customer Asset Protection Company ("CAPCO'), a New York licensed insurance company, CAPCO has an A-I- financial strength rating from Standard & Pool's. End of Statement 027 0221404:i1:57 001 1929 EFTA00196815 CLEARED THROUGH its niCkLY OMER SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR AC
e $0.00 Your Portfolio Holdings 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 www,bearstearns,com or can call (800) 517-2327 to request that a copy of this research be sent to
be able to access this research at wwgv,bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them. Further, Bear Steams will notify certain of our customers, at the time of each solicited order to buy or sell the common stock of a Covered Company, of the availability
ection changed to Customer Asset Protection Company MAPCO", a New York licensed insurance company, CAPCO has an A-1- financial strength rating from Standard & Pool's, End of Statement 027 Ct2r28.04:11:57 001 2428 EFTA00199014 CLEARED 11119:0011 11S WHOU.Y OWNED SUEIDDIMW BEAR STEARNS OFFICE SERVICING YO
Entities connected to both Bear Stearns and Standard & Pool's

Jeffrey Epstein
PERSON
Financial Trust Company
ORGANIZATION
New York City
LOCATIONPERKO
ORGANIZATION
North
LOCATIONEOUITY
ORGANIZATION
Condoleezza Rice
PERSONSZeirns
PERSONMASSER
PERSONEquities & Options
ORGANIZATIONTHRCOGH
ORGANIZATIONStearns & Co. Inc.
ORGANIZATIONOESCRPTION
ORGANIZATIONthe National Association of Securities Dealer's
ORGANIZATIONMONET
PERSONPeer Perform
PERSONMarket Overweight
PERSONCLOSNG
ORGANIZATIONWIIOUY
ORGANIZATIONCAPCO
ORGANIZATION