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. yloble ...n rale Ce l'Oot xnee Vta EFTA01321843 rn 8 b.) IJ -n C in z r 6EEZSE00-019-ANGS BEAR STMRNS COW( SERVIC/VG YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madsen Annus New York. New Yak 10179 (212) 272-2000 Oar ST4TIPREPO PERM Septarnber 28.2002 WIROU2N 060b3r 25,2002 Your Portfolio Holdings

of approximately 5604.1 million and 5648.0 million by approximately 52,0 billion and 52.0 billion, all respectively. A complete copy of the Bear. Stearns Securities Corp. Statement of Financial Condition is available on the web site way bearstehms com Alternatively. to request a free printed copy please call -toll free 1.866

ROW MAO", 0.5000 16.30 516.30 027 1001011121 001 V113 EFTA01322223 -n C in r T9LZSEOCIN9- ANGS BEAR STURNS COME SERVCRG YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Mason Avenue New York, New York 10179 (212) 272-2000 Your messages Bear, Steams Securities Corp. Net Capital and Net Capital Requirements:

t of approximately $799.5 million and 5904.4 million by approximately S1.6 billion and 52,1 billion, all respectively. A complete copy of the Bear. Stearns Securities Corp. Statement of Financial Condition is available on the web site www.bearstearns.uxn. Alternatively, to request a free printed copy please cal • toll free 1.866

BACKER IS PRINTED ON THIS PAGE 027 Ij,01,0507:35 COI V898 EFTA01324624 rn 8 b.) IJ 00 CT 15) BEAR STEARNS OMCE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Artacison Avenue ak 10179 3 as Cash Flow Analysis "C P0000 Income Summary illtS 'COCO Haan Opening 8a lance Money Fund $0.00 1.820.12

ement of approximately 51.3 billion and 51.1 billion by approximately S2.8 billion and S2.8 billion, all respectively. A complete copy of the Bear. Stearns Securities Corp. Statement of Financial Condition is available on the web site vmw.bear tively, to request a free printed copy please call - toll free “EAREO THROSCH rta VO