Epstein Secrets

rawe iteNe. fon le lii•We wand wakeN,wpenkto %tie EFTA01321106 0 -n C in r OZ6OSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOLK ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212)272-2000 ALAMO TWROUCal ITS w1Ct1V 00040 STALITOYAY he. Suer* Towne Colo. Ore Ihilrelech Orate

1 9.6479 5,271,513 119.373 3.069.607 58.2301 SERIFS 2483 CL SI. DATED DATE 07/02/02 BOOK MIRY ONLY DUE 03/192032 5.618% FACTOR - .94719330 Total Government& Agency Obligations 57.421.941 5449.808 Si 1.566481 TOTAL FIXED INCOME 57,421.941 5449.808 51 1.566,4 8 1 YOUR TOTAL ACCRUEDINTEREST 4449.808 YOUR TOTAL ESTIMA

004 027 C6/01/04:13:17 001 Y830 EFTA01321035 I tSEZOO- V.Li3 0 m z m z H r 6780S£00 IND ANDS BUR STEARNS orra sERViCAG YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madson Meru, Nes York. New Yolk 10179 Transaction Detail (continued) REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued) Sf 1 Iltatr

8689 1,851.402 14,032 1,010,430 54.2833 SERIES 2003.49 CLASS SW DATED DATE 04/3003 800K ENTRY ONLY DUE 01/2512033 5.900% FACTOR - .70457480 Total Government& Agency Obligations 58.112.754 5180.315 55.001.261 Corporate Bonds ACC! ALOUD ISTINATED 01451011 OLSCIPTY4 Sy1.10000.61P nPE OUANNTY Pea Mani Vial EVRNESI

r ILSOSEOCIN9- ANGS 8 b.) IJ b.) 0", STATEMENT BACKER IS PRINTED ON THIS PAGE VOW EFTA01320758 BEAR STEARNS MICE SF_RviCaNG YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madeon Avenue Nev.Yak. New York 10179 (212) 272-2000 3 v2 Cash Flow Analysis INS Patio Income Summary This eEegO cw io tett OpeningBalan

FACTOR . .66174275 FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CUSS SW DA= DATE 04/3403 BOOK ENTRY ONLY DUE 01/25/2033 5.881% FACTOR . .78082180 Total Government& Agency Obligations 31392T6E2 3128KVA85 31393C2C6 MRGN MRGN MRGN 22,198,317 3.300,713 18.979.247 10.6633 77.5781 10.6704 2.367.071 2.566,838 2.026.866 S1

05/28)03 027 0•331 /03:13 10 001 EFTA01320847 0 m C in r T9905£OO- O19- ANGS I8 b.) b.) UN BEAR STEARNS Celt( SERVICR4G YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Macison Avenue New York. New York 10179 1214 272-2000 14 a it Transaction Detail (continued) Clump TPA:Ws ITS vmOu.V WALD SuSSOAS Is Star

6 9.3921 4.405.222 96.882 2.682.875 60.9022 SERIES 2483 CL SL DATED DATE 07/02/02 BOOK ENTRY ONLY DUE 03/15/2032 5.720% FACTOR - .81309650 Total Government& Agency Obligations 520.865.338 5287.584 58.531.593 Corporate Bonds ACC: /COMO IMAM) CUTOUT DISCRIPTICH STIdiltoCUSP Oussary MICE MUST YALU( WSW 11•4111.