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t wrArniEC rebury 22.2002 Bear. Steams Securities Corp. Net Capital and Net Capital Requirements: At November 30. 2001 and January 31, 2002. the Companys net capital of approximately 52.6 billion and 52.6 billion was approximately 9% and 8% of aggregate debit items and exceeded the minimum regulator

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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

Cap. Die Merge, Caeca Ram Neck*, Vt. 136 11201.3850 EPSTEIN INTERESTS STATElasT PERIOD fl y 30.2005 THACNOM N.9.61 31.2005 ACCOUNT EXECUTIVE EICHER/AMARA TEIEPTIONE VISIT CUR WESSITE www.tearslearns.cem What's In This Statement Financial Summary 3 Illlllllelell...ell•llllellll',I,,l.,llele

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

EAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 %/Mason Avenue New York. New York 10179 (2121 272-2000 ACCOUNT ExECUTNE EICHER:MANTRA TELEPHONE (212)272.4189 VISIT OUR wEBSITE nww.bearstearns.com What's In This Statement Financial Summary 3 Volt Portfolio Holdings

k New York 10167 9 I /Th STOPI Bear. Stearns Secrxitio5 Corp. Net Capital and Net Capital Requiernents: At May 25, 2001 and July 27. 2001. the Companys net capital of S2.7 billion and S2.7 Wien was approximately 8.9% and 9.2% of aggregate debit items and exceeded the minimum regulatory net capital

SASSIOART Sow Stunt Seantos Cop eel Moloatid, One Nati, BrtOINA. Mot Ttn 11201.38>9 alb) 272.1C00 FINANCIAL TRUST COMPANY INC ACCOUNT EXECUTNE EICHER/JAN.1RA STATEMENT Pt1000 DOCOMbe 30.2000 TELEPHONE THROUGH MOST 26.2001 VISIT Coo maw( rnwr.bearsteams.ccen What's In This Statement II...Ilm