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Statements EFTA00195171 CLEARED THROWN nS intiCkLY OHnEO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE Z:CHERMAN.IRA IA1 uearstearrts.com What's In This S

INTERESTS STATEMENT PERI00 February 28.2004 THROUGH March 31,2004 ACCOUNT NUMBER TAXPAYER WESER CO File LAST STATEMENT February 27.2004 Bear. Stearns Securities Corp. Net Capital and Net Capital Requirements: At November 30, 2003 and January 31, 2004, the Company's net capital of approximately $3.3 billion and $3,2 billion was approximately 7% and 7% of

Statements EFTA00196734 CLEARED THROUGH ITS stitekly 0s1h.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE LICHERMAN.IRA 67AV uearstearns.com What's In This S

ANY INC STATEMENT PERIOD February 28.2004 THROUGH March 31.2004 ACCOUNT NUMBER TAXPAYER NUUSER On File LAST STATEMENT February 27.2004 Bear. Stearns Securities Corp. Net Capital and Net Capital Requirements: At November 30, 2003 and January 31, 2004, the Company's net capital of approximately $3.3 billion and $3,2 billion was approximately 7% and 7% of

Statements EFTA00198956 CLEARED 114FICOGH ITS YRICI,LY 0"ED SUBSIDIARY BffiR STffiRNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York New York 10179 ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE GCHERMAN.IRA iWAV uearstearns.com What's In This Sta

ARITABLE STATEMENT PERIOD FebiuIvy 28.2004 THROUGH Much 31.2004 ACCOUNT NUMBER TAXPAYER NUUSER On File LAST STATEMENT Februety 27.2004 Bear. Stearns Securities Corp. Net Capital and Net Capital Requirements: At November 30, 2003 and January 31, 2004, the Company's net capital of approximately $3.3 billion and $3,2 billion was approximately 7% and 7% of

TATEMENT BACKER IS PRINTED ON THIS PAGE 027 1DOtgy,0736 001 Vett EFTA01322816 QIA THROWN n BEAR STEARNS CO10E SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. New Yogi. Nos York 10179 YMOLAY OMAN SLISOVIO 01e Loans Wolk% WO OndOyn. New Tot 11201.3859 INTERNATIOAL CHARITABLE STATENENT ARCO NOWOOtt I. 2

in r LOOPSEOCIN9- ANGS BEAR STEARNS orra SERvICING YOUR ACCOUNT Bear. Steams a Co. Inc. New Yak. Nett YOrt 10179 7 L. Your messages Bear. Stearns Securities Corp. Net Capital and Net Capital Requirements: At May 31. 2005 and July 31, 2005. the Company's net capital of approximately S4.1 blion and 43.9 billion was approximately 6% and 7% of aggregat