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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
ies — Roza moat ant drforona a nontoceire of tooks or stocks. macaw! as altrogoa to p5u. to Clem Somas of 800614.142O: a yea to Clom SONICOS a Bow. Steam Saumos Cap.. Co. lAtOrokKli Coolly North. Brodbri. NY 1201-3859 I $77.886.364 $76.308,062 Current market yak* ME Last statements market value Short
FINANCIAL TRUST CO INC CO JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE 83 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co.Inc.outstanding as of date of statement ',UMW'S& START DATE 11 TOTAL REPURCHASETRANSACTIONS As of Makatea dote Tno obore ambons no not apnea
Co. Inc. 383 Madison Avenue New York Nee York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WERSITE wvnv.bearstearns.com Important Message Bear Steams is pleased to announce our conversion to a calendar month.end statement. Effective this month. your account statement reflects all activity and acc
tatement Plo.ma moat oaf Ohara a animist el talks or stocks, macaw! as cloltraoa io ,to. 10 Choi Somas of 800614.1428: a vat 10 Clem Somas al 8020. Steam Saumos Ca,. One LIflotali Coma North. BcooN,n, NY. II2014059 130(u. SOMAS SO•willt1 Cark CT o Movotech Cooler Noah Becadin. Nav Val( 1120/3859 FINANCIA
records Sn revers* ode fa rowan egormacco 027 05,26,01:10:08 001 Important Message In an ef fort to deliver statements to you more efficiently. Bear Steams has enhanced the distribution of statements to household accounts. Beginning in June.all statements with the same Address and Social Security
ur account. Piro mad oaf CIITOCCODO a rooroon% of &Cal or Mocks. owcauci as doltraoti to to Dom Somas of 800404-14211: a ono to Clom SONIC.. a Bow. Steam Saumos Coup.. One Mee/lab Cool., North. Swaim., NY 1'204859 1/...LOTOYani 10, elleclearesel wpm, ally t k ra liallded as a lit downed Des statemere allow
Entities connected to both Bear Stearns and Steam Saumos

Jeffrey Epstein
PERSON
New York City
LOCATIONPERKO
ORGANIZATION
North
LOCATIONEOUITY
ORGANIZATIONMASSER
PERSONSZeirns
PERSONTHRCOGH
ORGANIZATIONStearns & Co. Inc.
ORGANIZATIONMONET
PERSONthe National Association of Securities Dealer's
ORGANIZATIONGRECO
PERSONBear, Stearns Securities Corp.
ORGANIZATIONOUANMY
ORGANIZATIONCarla North
PERSONChoi Santos
PERSONOVANMY
ORGANIZATIONBecciorn
PERSONCash S Equvalent
ORGANIZATIONMAGOON
ORGANIZATION