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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

-6.300 16.14900 101353.31 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE'S ON BACK 1013/04 12/08/04 SOLD MBNA CORP AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED KRB -99.900 26.00240 3591.579.97 12/14/04 12/09/04 SOLD WALT DISNE

Statements EFTA00197769 CLEARED THROWN ITS MICELI" OHOE0 SURVOIAIly B STUR URNS OFFICE SERVICING YOUR ACCOUNT S m ear. Stearns & Co. Inc. ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE 3RTINBERG.ALAN C. /A1.uearstearns.com What's In This Statement Financial Summary 3 Transact

& JOHNSON JNJ -60,000 50.86400 3,034,341.12 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/01/03 11/25103 SOLD MBNA CORP KRB -100.000 24.19960 2.403.223.60 AVG PR CE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/01/03 11/25/03 SOLD PFIZER I

101/00:910 1101 9631 EFTA01322117 En I8 IJ V.2 0 0 TZ F I C in r SS9ZSEOCIA19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New Yak 10179 (212)272.2000 CLEARED TelettATI ITS 818004. Chealf SUISIDUAY Sew. Steam Seaton Cap. Die Masted, Con

SINESS MIA CASH 20.000 77.5000 1.550,000 12.000 0.7742 eiAcHNES CORP JOHNSON& JOHNSON IN) CASH 50.000 53.7100 2.685.500 41.000 1.5267 MBNA CORP KRB CASH 90.000 19.0200 1.711.800 25.200 1.4721 PFIZER INC PFE CASH 75.000 30.5700 2.292.750 45.000 1.9627 PROCTER I GAMBLE CO PG C