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nue York 10179 6 ot Your messages Bear. Steams Securities Corp. Net Capital and Net Capital Requirements: At May 31. 2004 and July 31, 2004. the Companys net capital of approximately 53.6 billion and $3.6 billion was approximately 6.8% and 6.5% of aggregate debit items and exceeded the minimum regula
our customers. independent third-party research ('Independent Research", at no cost, on the common stock of certain companies covered by the Firm's Equity Research Department (Covered Company). Customers will be able to access this research at wenv.bearsteams.com or can call (800) 517-2327 to request that a copy of this
ur messages tVr /Th STOP Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements: At November 30. 2004 and January 31. 2005. the Companys net capital of approximately S3.8 billion and S3.8 billion was approximately 6.4% and 6.3% of aggregate debit items and exceeded the minimum regula
TEACIT Norte 30.2005 EQUMES 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 relative to the other stocks covered by that Analyst. The key for the stock rating values is a
m Standard and Pools. IThr Boar. Stoarns Securities Corp. Net Capital and Net Capital Requirements: At November 30. 2003 and January 31, 2004. the Companys net capital of approximately 53.3 billion and 53.2 billion was approximately 7% and 7% of aggegate debit items and exceeded the minimum regulatory
0 5434.785 57.391 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are Shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total tarn relative to the other stocks covered by that Analyst. The key for the stock rating values is as
Entities connected to both Companys and Equity Research Department

Bear Stearns
ORGANIZATION
New York City
LOCATION
Jeffrey Epstein
PERSON
George W. Bush
PERSONBear, Stearns & Co. Inc.
ORGANIZATIONOpening Ba
PERSONPERKO
ORGANIZATIONMoney Fund
ORGANIZATION
Financial Trust Company
ORGANIZATION
Oliver Stone
PERSON
Andrew Cuomo
PERSONEOUITY
ORGANIZATIONthe National Association of Securities Dealer's
ORGANIZATION
Naomi Campbell
PERSONBear, Steams & Co. Inc.
ORGANIZATIONEquities & Options
ORGANIZATIONthe National Association of Securities Dealers
ORGANIZATIONSteams Securities Corp. Statement
ORGANIZATION
Xi Jinping
PERSONCAPCO
ORGANIZATION