Epstein Secrets

Co. Inc. 245 Park Avenue New York. New York 10167 4 c/ Your Portfolio Holdings CASH & CASH EQUIVALENTS DESCRIPTION CASH BALANCE STAISCECUSIP MONET ESULIAIED Cul:PENT QUANTITY PRICE VALUE WIJAL INCOME ISO ILA 28.057 DREYFUS CASH MANAGEMENT-CL A DICCX INSTITUTIONAL SHARES TOTAL CASH 8

AST STATEMENT August 31.2001 CREDIT AMOUNT 63.13 TOTAL $75.15 Your messages This statement is provided to explain Bear, Steams & Co. Inc.'s ('BSC') payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such securities.

Co. Inc. 383 Madison Avenue New York New York 10179 4 or Your Portfolio Holdings CASH & CASH EQUIVALENTS DESCROION CASH BALANCE SYMBOUCUSIP MONET ESTIMATED CURRENT QUANTITY PRICE VALUE AMN.I.IL INCOME VELD I%) 221.474 DREYFUS CASH MANAGEMENT-CL A DICCX INSTITUTIONAL SHARES ESL 30 DA

3.0000 1,110.60 AT 3,000% 0621 THRU 09/16 TOTAL $1,218.72 Your messages VS" This statement is provided to explain Bear, Steams & Co, Inc,'s ('BSC') payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities,

o. Inc. 383 Madison Avenue New York New York 10179 4 c, Your Portfolio Holdings CASH & CASH EQUIVALENTS DESCRCTION CASH BALANCE SrAIBCLCUSIP MONET ESTIMATED CURPENT QUANTITY PRICE VALUE AANUAL INCOME YEW i%) 9,587,957 DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES ESL 30 DAY AVG YI

MARKET SHORT POS 1,081,594.00 TOTAL 52,234,263.00 $2.234.263.00 Your messages This statement is provided to explain Bear, Steams & Co, Inc,'s (BSC') payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities,